you Check the Bitcoin Group, the American original. For over the last ten seconds, the sharpest Satoshi's, the best Bitcoin's, the hardest crypto currency talk. We'd like to welcome our panelists, Dan Eave, the crypto raptor. Now you're muted. Ben Arck from BTC IoT. Hello, I'll tell you where I'll hold this. And I'm Thomas Hunt from the world crypto network moving on to issue one, too many graphics and too many screens. 2-1 Bitcoin Havning. What is the Bitcoin Havning? I've heard that the amount of Bitcoin given out every ten minutes or so, the mining reward, is going to be reduced by half, sometime in May. Can we push this thing back because of the coronavirus? Is this really a good idea right now? What is the Bitcoin Havning? Let's go to Ben from BTC IoT. Yeah, I mean, I, I think we spoke about this a couple of weeks ago. I think that the, the, the timing, it, I mean, on for Bitcoin, it couldn't be more perfect because we've got central banks printing money. There's no tomorrow. That's printing. I think it's a million dollars a second, 60 million a minute, which is an astronomical amount of money to try and keep the economies moving and working, which I actually think is probably a good thing to do, rather than that things fail. But in those sort of, when, when the fear currency clearly is unpredictable and something you have no control over, to have something which is cryptographically predictable, and it's, it's supply will have a set point in time and we know when that set point in time is and it's happened before and it's worked and it'll happen again and again and it'll ever increase the supply of Bitcoin which is going into the system. So we know we've got this deflation rate of Bitcoin going into into the system. That's a very stable quality which in very unstable times, although the price of Bitcoin has been fairly unstable, it'll, it'll, it'll really shine. And there's all these people as well, sat at home on their computers, there's this, you know, obviously, there's always corona stuff going on. Now we've all been glued to our news feeds reading about Corona, but I think the 18th of May will probably be the time where most people are quarantined and they've read all they can read on, on COVID. Most people have probably had COVID and they're still, you know, just in lockdown while the countries deal with, deal with the crisis. And I'll be starting to follow regular normal news on that news feed you'll have for the Bitcoin happening which is and it's all about stability and having us having control over how the protocol works and we know exactly what's going to happen and when it's going to happen, which is the complete opposite the way in which central banks function, which is a bad thing, you know, I don't think it's a bad thing in central banks, create more liquidity to keep the machine moving if we just let everything fail then decide to be much worse off. Maybe, you know, in 10 years time we'd have better markets, but in the medium term it can all get a bit of walking dead. So it's something that was just asked to happen currently at the moment, the kind of economics we have. Maybe in the future we won't need that, maybe in the future we'll have some thinking a little bit more stable, let's hope. But, you know, I think the timing of the harvining couldn't be more perfect. We're going down to what is it, 65, 6.25, the reward. So that's the amount of Bitcoin which get given to miners when they actually are able to hash through a block every 10 minutes. So I think it was originally it was a 50 and then 25, top 0.5, which I mean the top 0.5 harvining didn't seem to happen at all ago, but it's incredible it's been, you know, as long as it's been four years. So yes, so yes, so 6.25, it's just a blind demand. You know, it's very simple mathematics, blind demand. There's less Bitcoin going into the system. There'll be more demand for Bitcoin, particularly as a kind of just an anchor tank of things too. And by then as well, all this money we're separating and pushing into into the markets is going to start to have, you know, people start to see the results of inflation. So, and then money will be worth less. We start at home, I love lots of time, the computer. So, another time for Bitcoin is perfect. Dan, Eve, six and a quarter of Bitcoin for your thoughts. I think just the money-printing situation is crazy. And although I've kind of been sort of reading up on Bitcoin and learning about monetary policy for a while since being into Bitcoin and then really care until then, the crazy thing about the money-printing is, and there's a few questions that popped up recently, like one of them, why do we pay taxes when they can just print money? I mean, it really like pop makes your head pop. What about in terms of general world politics? What doesn't, what says that a country can't print a load of money and then go by just print shirt, shit loads of money out of thin air and then go and buy a load of American, I don't know, say UK did that and then bought a load of American companies and then owned loads of America. Like, you can't just print money out of thin air, it like it makes my head explode the more I kind of think about these questions now. They're on just a case of, you know, laughing at the fact that printer go burrow and money's, money's smashing out on them like nobody's business, but the fact that it's just the impact it has on people in devaluing the economy. So going back to the, sorry, devaluing the money, you know, and again, what trusted you have in someone to back your money when they turn around and go, yeah, yeah, that's a dollar, mate, yeah, that's a dollar, but we've got infinite money and like, well, what the fuck are going on? It has a, you know, head explodes, and it backs the Bitcoin harbing. So what is it interesting is that recently, you know, early March, we reached a peak of about just under 135X a hash. Now that kind of took a, a steep drop round towards down to about 85X a hash and it sort of went just over 100, but now about 90. So this could be the start of the fallout from miners going offline because of the Chinese sort of clamp down and you know, not being able to get operations back up or I don't know if there's lots of, lots of reasons for that, for that potential drop. But it's going to be very, I think, turbulent on the way up to the, to the harvining because there will be a circulation of, unless if the high fash rate does decrease, even though it decreases and it's still completely safe, you know, the news rounds will be doing the death spiral stuff. We'll see loads of kind of pushing and shoving from the media trying to, you know, Bloomberg doing their classic influence the markets by, you know, crazy ass headlines. So, yeah, it's going to be a turbulent little run up to the, to the harvining, but I'm optimistic. Plus long term, it's just survive corona virus, you know, Jesus. I mean, like, well, I was in, you know, the rest of the market's dipped, biggest drops since the, since the Great Depression. Now, for the US markets and Bitcoin's bounce back, it's not dead at the moment, like, you could have died, could have died at 700, 100,000 times, the people said it could have, it was going to die, but it's not dead. Well, I agree with Ben that unlike anything planned by man or a central bank, the Bitcoin harvining is on a schedule and it's something that you can depend on. As it says here at Bitcoin magazine, every 210,000 blocks, there will be a harvining until the block reward is reduced to one Satoshi. And after that, there's no more harvining. So this is something you could plan, you can schedule around no matter what's going on in the outside world, no matter how much we might want to stop it for corona virus or maybe take a break or have a circuit break or something like that, there's nothing like that for Bitcoin. So previously, it felt pretty good for the harvining, right? We'd seen the price of Bitcoin pretty much double from 6000 up to 12,000 or even from three to 12 or 10. So the price was well up so that the miners would continue being rewarded. One of the things you worry about right now, let's say it costs $6,000 to mine a Bitcoin, something in that range. If the harvining happens and they get half as much Bitcoin for every reward, that means that they're only making 3000. It's going to cost more to mine the Bitcoin. So the price of Bitcoin must double to cover the miners cost. I'm not sure if we're going to see that. Sometimes it takes three to six months after the harvining for the price to adjust upward. Sometimes the miners have money. They have supplies. They can live this out. Other times they go bankrupt. We've already seen some major adjustments to the Bitcoin hash rate continued to see those going in to the harvining. Adam Bax said that he quoted Samson today that they've definitely got, they've got enough going and bills paid, etc. to be mining for the foreseeable. So that's obviously pretty reassuring. I think hopefully a lot more miners now are building in volatility in price and also electric costs a lot more than they used to because of the more technical it's become. The more grand scale it is, the more well thought out it is and the more people start to think about how to hedge their bets on whether Bitcoin's going up or down and they're going to be on a cover the costs. At this point, generally, when we're talking about miners, we're talking about large industry miners. We're not really talking about the people at home anymore. These are large scale. They have finances. They have books. They have plans. They've made estimates. They're paying the power bills regularly. They have good credit cards. This is not like the home miners. Let's move on to the exit question. What do you think the effect of the Bitcoin halving will be on the Bitcoin price? Let's go to Ben from Wales. He's gone. Ben's gone. All right, Dan, you're the only one here. I'm going to you. He's scared of his price prediction. I've got to be optimistic because I'm literally clinging on to hope now. This is like, come on, you've got to pull through this Bitcoin. Ultimately, I think that there's going to be a lot better financial planning this time for this halving and although we're going to see, yeah, like I said, some volatility, I think things will be on the up, especially as Ben was saying, perfectly timed, fed, just printing money out of their ass. It seems like this is a perfect opportunity for Bitcoin to shine, as it did during the other bailouts 12 years or so ago. I agree. I think that the market is perfect for it. It's surprisingly good setup for the Bitcoin halving, especially to differentiate itself from the rest of the market while the rest of the market is printing trillions of dollars and bailing out the economy. Bitcoin is actually reducing the amount of Bitcoin on the market. Pretty much by choice. It pretty much can't change. Let's ask the magical Bitcoin ball. What the price of Bitcoin will be this time next week? Will the price of Bitcoin be higher this time next week? My sources say no. Tough, tough break from the ball there. The ball has spoken. So I think we've lost Ben on this. It's been with us. No, we can go to this view. Oh, yeah, he dropped off. All right. Trouble on the internet over there. Let's move on to issue two issue two and also be sure to like this show everyone at home. Please push the like button. The like button is how YouTube recommends the show to other people. Right now we have 14 likes and 53 people watching. So let's try to get that ratio up 50%. 75% we can do it. Let's get more likes. We have 14 likes right now. So likes are free. Moving on to issue two two trillion dollar stimulus and more. The Federal Reserve was back in the news this week with plans for there is an infinite amount of cash that the Federal Reserve an infinite amount of cash at the Federal Reserve. They're just going to print it and print it and print it. They're bailing out everybody. The cruise lines, the airlines Boeing, the travel companies, the hotels with special exemptions cut out allegedly for Trump companies to not receive money. Shocking move. The Democrats did it. And just everything they're going to bail out the unemployed workers. They're going to bail out the small businesses with loans. Oh boy. And just in general, they're printing more money than anyone has ever seen. Dan Eve is this good for Bitcoin. Awesome for Bitcoin. And with any luck, if you got, you know, what is the stimulus package is agreed? If it's the one that people get that sent that check and and get continued checks for up until a year after coronavirus has gone, then let's hope most of those people realize that they're dollars that they've been given by the government, printing out of thin air, should be better spent on Bitcoin. So that will pump Bitcoin. What you really want here is for the check to arrive just before the happening. So you get one more chance at buying low, right? But really, no, people, people are going to be paying their rent with this. They don't just have extra money. Who's echoing? All right. No worries. They don't just have extra money. They're they're going to have to pay rent. The stimulus is going to go to rent and food and immediate expenses. It's going to go to the top end of things. It's going to Boeing. It's going to the top airlines, the top hotels. Meanwhile, the only companies still doing good business right now are Amazon, Walmart, Costco, the big businesses. The small businesses are in real trouble. They're going to be wiped out. This thing is far from over. The other thing that's far from over is the money printing. They're going to print maybe two trillion more, maybe even another two trillion after that, a possible total of six trillion in the United States just alone. As we said before, if the halving wasn't already perfectly timed, the basic idea of Bitcoin is perfectly timed up with this while we did see Bitcoin follow the markets down in a complete crash in a more sane environment like this when people are looking at how much money they're actually printing and the effect that it might have and that it might cause hyperinflation. You might actually see people getting into Bitcoin as a potential way to avoid hyperinflation. Ben, are you back with us? Do you have a comment on the two trillion dollars of money printing? Yeah, I mean, I was going to comment in the other piece, but I'll I'll do it. Do the other piece first and we'll know it's relevant to this as well. You know, when we looked at the Bretton Woods agreement, which happened after the second world, all that happened because they needed a new monetary policy, because the old monetary policy of just collapsing on itself because of the war and they had to print a lot of money to keep war going so they could carry on fighting against each other. And that's why they had the Bretton Woods agreement. That's why they had the gold back a green dollar is the the world reserve currency between Dexter White and John Maynard Keynes. And that was an arranged meeting a few weeks before the end of the second world war, so it was just coming to a close and I was like, okay, so how's the new world economy going to look so we can have sustainable peace? And I think that question will be raised again, like how what can we use for money so we can have the most sustained peace that'll happen again because of all this money printing. It's going to have to be addressed and it's a similar scale of crisis, like I'm not sure what it's like in the US, but in UK, with the Zobbing Quantity in our houses and with the sorts of things which are the sorts of measures which are happening, it feels war time, it feels like like it would have felt in the second world war, you know, during the air raids. So yeah, I think it's a it will be a time where not just normal people will look at where they can put their money and it would be safer, but also governments are all again looking at something which can be more stable. It's worth mentioning the said it before on the show, but John Maynard Keynes original proposal, the Bretton Woods agreement, what's the bank which is a decentralized unit of account which countries could use to transact with each other, which would be a political, and it's dexterous, he said, well no, we would just use the dollar because the dollar's already 50% of the world's economy after the second world war. So this is hope, that same process will happen, and Bitcoin is there, you know, so it's there for us. Again, I just think it's a perfect contrast of Bitcoin and the state money, the endless printing versus the havining of the units. It's just a perfect time, it couldn't be better. I will have to see how it goes with everything else. Moving on to the exit question, will the money printing work, will they turn around the stock market, Ben from Wales? Again, I mean like so far, where the surplus recycling is a good idea. So if you have, if you have boom bus circles, it makes sense that you take some of the surplus from the boom, and then when you have a bus, you then try and alleviate the dip of the bus. That was the original plan. What we've got now is not fair where the surplus recycling is just turned on the printing machine, how it shoots. So we're so, we're so, we're so deep in the shit, you know, I don't know, it might just do nothing at all and we'll just have a high-conflation situation. I wouldn't be surprised. Dan Eve. Well, this whole situation is with COVID, it's just, it is getting crazy in terms of obviously, look at Italy's nearly 10,000 people that have passed on for them, you know, Karevira. So it seems like it's definitely outgunning the flu over there. And the repercussions of all these different systems being shut down, I think, all these different systems being shut down, not just not, you know, food, I mean, think about our food chain, so in twilight in the economy because there's so many different sort of layers to it. And if we continue shutting it, it's going down for too long. One, we run the risk of even more businesses going under. And I think the negative effects of the back would be like even much, much more broader monopolization from the existing companies that can survive, that are kind of too big to fails. So you'll see a load of like corner shops and stuff going under, you see corner shops or whatever, local shops going under, and then Amazon picking up that business. And I think that, yeah, that's going to have big implications for local businesses, you know, being swarmed by all the competition from the big, big guns. And then also, obviously the fact that people should get wise to it at some point, you know, there's got to be some, I don't know, cover it on the news, it's never on the news. Why do they, as in, why do they ever cover it like, oh, look how crazy this fucking thing is, like just the printer going, like why don't they mock it like that? Because I'm struggling to understand, you know, why they're even able to do it. Why do you even open the printer money? Cash at the Federal Reserve. Exactly, exactly. And that just, that baffles me. Because even from another country's perspective, surely you could almost argue that it's kind of like an act of war to, to print money in order to, because you could use that externally, you could then you use your printed money to then influence the rest of the world. I'm not saying any of that happens in any shape before, but it does leave it open to being abused. And then other countries can get one up in each other just by printing more money. I mean, wants to stop, you know, someone else before that their currency drops just buying out a load of another, you know, country's stock and whatever. I don't know. It's crazy. I agree. I think this stimulus won't be enough. It's only the first stimulus. And the main problem is going to be small businesses, especially restaurants in the United States. If you think about any corner restaurant, any diner that you eat at, they don't have enough money for next month's rent. If they go out with one month, two months, no rent, it's over. They may as well close down the entire business. And when we look at this plan of getting people back to work, which obviously isn't happening by Easter, when we look at this plan with any kind of a sensible plan, we need to have small businesses. We need to have restaurants still open, not completely out of business. And we also need people to eat there. So it's going to be a tough thing to get both those things going. Also, remember the demand curve. People aren't going to be ready to go out and buy things. They're going to be afraid of the world. There's going to be this kind of social anxiety, this bubble syndrome after spending so much time in quarantine. Why would you want to go to a crowded restaurant? Why would you want to sit shoulder to shoulder to someone in a movie theater? These used to be absurd germaphob social anxiety things. Now this is mainstream general society. And we're only in the first couple of days in our supposed quarantine here. And it's only going to get worse. Thanks to everybody in the chat for liking the show. We're up to about 25 likes. That's pretty good. We have 61 people watching now. So please give us a like below. Ben, any more thoughts on the bailouts and the stimulus plans? No, it's just it's just actually they're just trying to keep the head up a quarter and they're just trying to stop all these businesses and close. And it's just going to it's just going to snowball and there's nothing you can do about it. But then they will have to address monetary policy in the future when we move away from COVID. And when we want stability and we want stable markets and we want a political money which is one of the goals, where can we look? And then we've got this thing which is just predictably halved its supply which had for enduring the crisis. So it's good for Bitcoin. Dan Eve, are we all germaphobes now? I know because I've as a new as a new parent like I've been trying to tell myself like the whole time. You can't be one of those parents that like you know wipes everything and you know because the kids never going to experience germs. But at the same time now I'm like like literally it's like wherever my girlfriend goes anywhere it's like what's it called when they're the thing with the pole and the icing thing so it's called curling. Yeah we're curling like polishing the services. But I think once this is done you know I'm going to go back to normal really and these things are once in a lifetime once in a generation type events and really because of the shit is caused I think that there's going to be a lot more preparations but in place you know if it happens next time there's going to be procedures it's like you know we've had almost not in any way is this a near mess because there's been lots of lives lost but and that's awful but at the same time it's not been that detrimental that it's compiled well fingers crossed that it's completely fucked everything and that you know it's decimated earth and we're all dead you know we've got a chance to grow and survive and and beat this together. So we're not 12 monkeys just yet maybe nine monkeys just a couple monkeys moving on did you know the world crypto network has its own audio podcast you can listen to audio versions of this and other shows on iTunes and anywhere else where you listen to podcasts even on Spotify check out the world crypto network audio podcast today be sure to subscribe and leave us a review issue three oh Joe sick Boris Johnson prime minister of the United Kingdom is sick with a coronavirus Boris had been putting a good face on the coronavirus continuing to visit hospitals and shake hands with people even people who may have the coronavirus naturally Boris Johnson developed the coronavirus so far he claims he has a light case but it's more likely that the symptoms just haven't said in yet. What do you guys think? Well this teach Boris Johnson empathy will he understand what it's like to be the normal people will this kind of idea of even Tom Hanks even Boris Johnson even actors and celebrities athletes anyone can get this disease anyone can be taken down by it will we see a new era of humble Boris and humble politicians let's go to Dan Eve I wonder what I wonder if anyone's done a little study whilst we're looking at everyone's looking at the analysis all these connections of people gang you know picking up coronavirus and how they've passed it on I wonder if anyone's done any analytics or is prepared to do on like the six degrees of separation you're six degrees of Kevin Bacon and what that actually is with coronavirus so if it's that you know if it's that well they are they are we're kidding yeah so the interesting one is on on spread so when people say it's just a flu strain so the flu when you have the flu typically pass on to one point three people coronavirus is very very contagious so in a normal circumstance without quarantines and things people are typically transmitting to three people so it doesn't sound like very much you know one point three to three but as so an example it's their 10 cycles in so you know one point three people give it to one point three people then those one point three people give it to one and so on and so on and so on after 10 cycles in the flu you've given it to like 14 people with coronavirus after 10 cycles in you've been responsible for 59,000 infections so yeah so scales are really exponentially just by having you've been able to infect those extra 2.7 people no always so and with a lot of the political cases in the US like Dan was saying they have traced it back there was this conservative political conference where one guy had it and he gave it to a bunch of other guys and Ted Cruz might have gotten it from there Rand Paul might have gotten it from there he might have infected Romney all kinds of these connections it really does get down to the personal nature and they do try to map it all out go ahead Dan it's the I mean I think like Boris has only just got it so he's had it for like a day so he's got very mild symptoms I think I've had it for the past eight days my and it wouldn't say because I've had just the persistent cough but I haven't had any really had a temperature I had like a day where I felt like ill so I was in bed day and half but the rest of the phone we've also been at my son and he's had he's had a five days of like 39 to 40 c temperatures which is really hard like 10 years folks you know phone phone you know medical services when they hit past nine and 39.6 or whatever it is so it's a really high temperature we managed to keep it down past that wasn't today's the first day where he's been at 37 degrees now my my daughter's also had just a dry cup and my son in particular he's had the typical symptoms he's had the high temperature he's got the on productive coffee he's got the tight chest all that stuff I've just had the chest and the cough but it really really is horrible like a shortness of breath I had about three or four days ago it's quite I've never been asmatic or anything so I've never had that experience before not been able to catch my breath you know but it is it is it is quite scary particularly when you know in the context it's in and you hear people developing pneumonia after nine ten days of having relatively mild symptoms I'm not even at nine ten days yet so Boris is only a day in I think what will happen I mean a lot of these politicians and Prime Ministers and presidents whatever they're not healthy people they they don't get much sleep you know look at Obama and look how much he aged in the just in the short period of time he was actually in in office they're not healthy people they don't sleep they don't eat so well and they eat a lot of rich food going to a lot of dinners and so on so one of them will die I think Boris just get it to home what what what what what what what what what what what what what what what all all these all the other politicians all all the other you know there are people who are in control that's really going to I mean a lot of them already they understand the urgency this situation but someone like Trump for example I don't think you really understands how dangerous this virus is and if a man of his age in his condition gets it then you know he's there's a good there's a good chance he can die so when you see those US press conferences like two hours I said usually two hour like press conferences it's bizarre like sure it's not usual at all he's been using it as a a campaign rally because he can't have the normal campaign rallies he even wears the hats the advertisements for his political things in the middle of a pandemic press conference like in like some sort of evangelical cult leader like because they go and they have these big long preachy sermons don't they they're first like that on those you know but anyway there's a whole bunch of people who are at risk people you know relatively old tightly packed together in a room full of lots of people who journalists who are on about so I mean that thing's a time bomb is really really you know so anyway but but no I mean it's it's all sort of the first international leader to get it right I think one of them will die and then that'll really scare the rest of them into interaction um what was the let's go back over to Dan Dan more on a Boris being sick well I was just gonna say it brings it life's been so it brings it out to people that not everyone's not invincible but not everyone is immune to obviously being being good but I'm all immune to getting it and um and hopefully that will maybe reduce some of the criticism now he's actually got it because there's some there's obviously he's done some bat you know with the they could have handled stuff that are bad but uh were better but um there's a lot of negativity around it instead of trying to you know but you know group together and there's some good things that happen like the the the NHS volunteer sign up thing was like 500,000 volunteers so there's some good stuff happening and maybe the negativity will drop a bit now because Boris has got it so they're no longer can they say oh he doesn't care about somewhat you know someone having it he doesn't care about me and so so that might there might be a bit less of that and a bit more planning together like the nice I've actually been I've been plus I mean I'm obviously not Tories you know but uh I'm not the biggest fan of or Johnson for example but I actually think he stepped up and he sees he's putting in measures which are proportions of the threat um how that you know enforced is the late lately as after they after they stopped after they stopped herd immunity and after they allegedly tried herd immunity after modeling it after the wrong disease with a different hospital right now I mean like I was after a series of horrible mistakes I mean yeah after every government's made mistakes like you could every government every government but issue four so let's not get ahead of ourselves but yes no we were we were by far the most cleverly with our policy and trying to get them containment of coronavirus and it was a really bad policy but yeah it was a big U-turn and now we're the other direction and we're we're people are quarantined in the stay at home um and he's he's he's had this you know when he got he's been one he's one of those sort of uh prime ministers who's always wanted to be a prime minister he's got this idea of destiny and he said he reads the classics you know um and uh I think that my worry was when he got into power that he was going to be kind of a war monger you know he quite crave the excitement of like a Churchill-type scenario but he can have that he can have his time in the in the in the limelight he can be productive be good and be good for the people's morale and people and keep the country moving um uh without having to wage war just fighting you know people dying fighting this virus so uh so I've actually been pleasantly surprised by by by the U-turn and then also by some of his more recent work so you know and I also think as well like the UK Olympics came they came straight after the Chinese Olympics and we couldn't compete with the Chinese when it came to money money they money spent on it but we the way in which we did compete is we had a lot of volunteering and a lot of um a lot of people volunteered to help sort of the Olympics it was a big it was a big kind of coming together of of of the UK and it's usually like a petite like sports spectate sports and all that sort of stuff but he did a good job on that and he he kind of like pioneered that that way of approaching the Olympics so it's very much from his um his ideas so if you do the same with coronavirus you know I don't care who's that as long as they're doing that they're putting people at ease and and and and I don't know the the making good policies and he's also a dictator so you know he's he's he's got the power of a dictator you can do whatever you want so if he's been a good guy and he's he's better than having evil dictators out yeah well I think we're analogy oh sorry I don't know how to talk for a someone watching this from the US uh the obvious comparison is that what if Trump was sick and the idea is that maybe you know certainly we don't want him to be sick he's an older man it's not a good thing but he might become more humble on the other side he might understand what other people are going through the horrors of having a ventilator tube shut down your throat this not being able to breathe thing that the people talk about the loss of smell of the cough all of this maybe it would bring him down and that's what and in a positive way though bring him down to earth uh where he can then help other people and really commit to this thing so hopefully Boris Johnson the same thing that he's going to turn it around he's going to be much more responsive and maybe he'll be a leader on this maybe there'll be a turning point uh maybe it'll be a positive thing uh go ahead Dan more on this so I was gonna say like the analogy uh my suddenly thought of things um is uh like how Pritz when they go on holiday and like the first day and I always do it as well but I'm even worse because I'm like I'm half more teeth so I'm like my skin's like it goes brown and nice but instead I'm like like overconfident and then the next couple of days you just basically got a lie on your front or lie on your back with like cucumber aloe vera until you can do it again and that's kind of I think um that that resilience the initial resilience until you get burned is the same thing that's happened with the response to coronavirus is that oh let's all just chog on we're all good fish mash Bosch and then like oh shit we've revaluated things and everyone's fucked um but I have my own way out of this you see because in this day and age where there's lots of gender imbalances still um we are seeing the latest one with the coronavirus um which is yeah I think it's the the male to female ratios uh 70% male on 30% female mortality which is rate which is terrible so I'm not taking my chances so from now on I'm female oh work I can I can do that that's an incredibly discriminatory virus too that's uh that's very wrong of the virus to choose that way I like that ratio because we fight and hopefully now we can we can put the whole mindfully thing to rest we can say look we do actually suffer worse than when it comes to endless viruses so yeah I agree with Dan I think uh Boris was kind of being a buffoon before going around shaking people's hands saying it was nothing uh there's a lot of people that have this bravado this confidence they don't have any other way of acting uh so hopefully this will be a lesson to everyone that's like that that you do have to take it seriously even if you're a tough guy even if you're in good health or whatever you're calling yourself like you can get this thing it can take you down uh I mean so far he's saying he has light symptoms and this kind of thing it kind of seems I don't really like it it seems like he's putting people on I'd prefer if he was you know up there like Ben and he was coughing and he looks sick and he was like yeah this this thing's affected me it's real uh if he was doing a day by day thing uh we'll watch I don't know if he's gonna show the real side of this sickness or if he's gonna give us kind of a Hollywood version of it um but we'll have to see it be so funny it'd be so funny if he does a poor Jenny poor Jenny is it poor Jenny and she just like the one of massive massive zoom video call you know imagine he's doing things like I'm just at home I'm feeling not so bad uh yeah but I'm getting by getting by and they go back to the studio and he just trundles off the whole already in the one video he released he was already saying how technology was gonna allow him to work from home and he didn't seem to think like you know how when you're sick you can't really think properly and you get really tired you have all these things happen to you he was like oh I'm going to be fine I've got a computer and I'm gonna work from home and it was like dude you're gonna get sick like you're human like everyone else right I mean we're all like that I mean I don't want to no one wants this but at the very least you're gonna get some kind of a flu some kind of a virus you're gonna be down for a while PM or not so yeah I know it was a pretty surprising seems so so strong about it but he's got a couple days still right so let's move on to the exit question exit question will celebrities continue to get this uh what would be the most moving celebrity I don't know something like that something about celebrities let's go to Ben first Ben Ben name a celebrity uh what's important on this go ahead Ben don't we know it's honest um um i don't you know any celebrities i don't think like a like just pick a field do you think and pop star hey tone vase travels a lot yeah that could be a and I could teach a lot of people lesson I think uh out of out of myster has been denying this pretty hard he's been saying that it's not real and so on and so forth so as much as I don't wish it on him being out there in the party easy talking to the Bitcoin celebs and Jimmy song because the crap he puts on to it they try to say nice about you know all right it's awful like this denialism like he can't if if you if you okay if you want to deny uh that you don't think that the the corona is such a bad thing the fair enough that's fair but um uh do it in a way which isn't gonna encourage people to put themselves in harm like if he has like some denialism covert he's had he's toned it down a bit but the past month he's had a whole bunch of tweets which if it like 400 likes um some of those people will be encouraged just a little bit more to be a bit more cavalier with with with with with their infection and infecting themselves or with infecting other people and like I've said before on that statistic you know it's it's a big number the potential for someone to be able to infect um uh so yeah some of those Bitcoin is putting up the denialism crap just because it like fiddles makes their world economic view whatever I don't know okay um uh i don't agree with that I say and uh Andreas had a great tweet about shot and fruta that all the kind of people who denied the virus ran Paul Boris Johnson all these kind of people as it turns out are the people getting the virus so in the same way a lot of these people denying the severity or saying it's not serious perhaps if they got it they would learn the lesson they'd speak about it uh they could come to some understanding and we can have new information on that uh Dan what about you uh Britney Spears famous pop stars uh who are you looking to get infected with the virus or what would be the biggest impact go ahead Dan I hope that some of the celebrities that uh covered in this are watching but I'd like to say a massive thank you to anyone that was involved in the uh singing imagine or the no makeup selfie because you're a fucking hero that's all i've got to say sorry that was uh that was a pretty tone deaf uh singing of imagine uh yes all the rich houses but it's crazy they could be like price of money and all something it wasn't it wasn't a good look and also poor imagine uh why do we have to do that to john lennon this is a song pretty much about war this is an anti-war song does really have anything to do with disease the same news site and it's like 10 million pound house yeah it wasn't a good look the white piano the white uh fancy look was a pretty rich uh look yeah now they all do it they all do it and and Corbin with his his multi-million and diving through the money like scruge duck what i've what i've like seeing at home is the different backdrops on CNBC uh what the different late night hosts have done steven co bear sticking with the suit uh Seth Myers it's been pretty interesting he's wearing like a flannel shirt he just he doesn't have the same gravitas and he has a bookcase behind him but it's how do they stack the books how do they do the posters uh there's this guy on CNBC he's got these great great full dead posters uh 60s uh rock stuff all the other things and also to see how not good at it they are how they're not prepared how their video skips how they're lighting sucks uh i predict next time they're all gonna have little home studios they're all gonna be prepared for this they're gonna assume that this could happen again whereas this time we're really getting to see them at their their most true and they're most honest at least for those guys do you guys have that in the UK or they also uh showing their homes yeah we we have the exact same thing we've got their homes in the background and it's just kind of a level like they they're just they're like regular normal youtubers you know um when you're watching the news on youtube and the the news anchoreas always someone you've seen on on the on the on the tally before but um yeah it just looks like well like yeah like a less professional version of yourself you know um so yeah it's uh it's a great level um there also saying they're also saying in the chat that uh another bit coinciled safety has been speaking out against the virus perhaps even saying that it's a hoax in general and that the people are i mean it's all psycho it's all psychosomatic you're going to the hospital it's it's a mass delusion i believe is is is side yeah you blocked me so long ago i haven't had any any any um that's listened to any of his crap so uh but but no i can imagine and it's all it's all people have okay fair enough like i mean obviously you know all leftyness beside for my part for my side like those people they have a certain economic worldview and in order for their economic world view to make complete easy sense it helps if there's no such things climate change there's no such things pandemics which people need to work on together and that's okay uh it just means that like the economic world view has to be a little bit more complicated and that's not a bad thing like if they if they if they have to think you know wild cards through a little bit more uh but rather than just deny it like just think of actual solutions uh uh uh but uh yeah those guys it's been very difficult to have such a large scale pandemic that really responds only to a large government to a central government and to have these other people who denied the central government it's really it's caused a cognitive dissonance in their head i'm not sure they able to get by uh i like that uh safe team bitcoins standard book but uh he never wants to interview with us uh we asked him twice at two consecutive tone cons and both times he was too busy or didn't know who we were or something so i don't know dan is that that dominant dominant frisbee on the bitcoin the um was the future bitcoin future money that's probably that book is very similar yeah that's i've heard there's very a lot of similarities there uh i think even time mentioned it the trans-alvania con and uh on like and introduced him or something it was like oh it's like the dominant frisbee dominant frisbee has a very very very very good book contacts you should all be called um yes oh i've got i started yeah say say the name again Ben what's the name they like robbery by dominant frisbee all right the original bitcoins standard uh yeah and there's he's a dominant frisbee has a bit other book which is started but i didn't finish is really good it's like that why we don't need government um but yeah check out something about something about not needing government but dominant frisbee you'll find it you'll find it probably not too uh good today but maybe other days let's move on to issue four issue four wise germany's corona virus death rate lower than other countries let's go to Ben from whales why is germany doing so well as well as the asian countries that all wear masks why are they successful when we are not the germans are a complete anomaly to me i've been to plenty of german bitcoins related conferences and hung out with plenty of germans and like normal bitcoins is they're quite for our looking and and you know we're quite withdrawn and we spend so much time indoors we don't get enough exercise even though the big match eman likes exiting you know i understand you mean them real life it um these german bitcoins though they're ginormous they're like gods and they they just seem to drink low to beer and eat not particularly healthy food but they still look fantastic so i i don't know why and because obviously i don't know what's the genetic thing thing but they they they're just there's maybe it's the i just said we missed the saunas maybe saunas they like saunering quite a lot um uh and the beer is quite light so maybe it's very high triating but i have no idea why the germans starts are completely normally to me they had they've they've got i think they've got the same one of cases as like france or spain or something like a big you know a number of cases but their death percent which is very very small the germans try to tell me that it was because they don't test the dead or something but that's biolics they they're just they just i thought this is what i think it may be is they have a lot of ICU units so they have i think they have 20 like pre corona like 20 ICU units per thousand people whereas i think we in UK have like three um so that's going to make a big impact on it uh but yeah these germans crazy god knows even the even you know doki can get bitcoin uh germans uh fantastic looking i don't know i just don't understand it dan eaved you have a similar love for all things german i do always over there at um so i've just had a really good idea for uh for for a tweet so quick chill if you want to see what this funny meme is that i've i've just thought up and i'm going to post in a bit uh i'm at cryptoply on twitter but germans awesome yeah we say them for veria for for nea is even um it's just everything seems so much more efficient they have like in europe it's really weird like ben might know this in the uk we got roads but in europe and seemingly every other country country on earth they got flat roads and in germany like the roads are really flat and they're just nice you don't just sit along going to hug and hug and hug and hug and yeah i love germany yeah so i i'd even think i'd love to move out there actually in uh my career somewhere out there there's like a country desk um but they're i think i saw the same thing you you'd been about the number of beds per uh you know per person per capita or whatever and i think england's actually really low now we're starting to lean a lot more on the private sector um but of course what this this does do is i mean it's helping out in the time we've need but one it highlights a massive risk and that we've got like sort of beds for to go around and equip and equipment um but also that the private sector's making an absolute shit ton of money off of the government right now so not only do we not have those services you know we're going to be paying for the nose for them because it's emergency style um and so yeah it's just going to add to all the repercussions that are just rippling around and um kind of make everything that talks to you to be over the next they've got some they've got some their health care system it's like um it's not so it's it's universal health care but it's accessed through um social insurance policy it's the same as self-care every self-care so they do have quite a lot of pride so they have like private hospitals with that access through social um uh health care insurance policy thing uh so i don't know how they do it but it isn't it isn't so it's kind of um universal um but it's also got a lot of good sort of aspects of the private sector in there but i think whether kind of the parts of the private you know markets we've got in our uh NHS I think yeah it just gets fleece basically um but the yeah we we kind of we just have to take the the bad parts the private sector and the bad parts of the social sector and they get i think they do the opposite they have the best of both so but self-care is same and they've lived a similar good results you know with helping treat you Corona i agree with the guests i think it's a stereotype but the German society seemed very orderly when i visited there when i went to Rome uh they had a lot of trash cans that were overflowing where people just kept putting the trash there and it just kept piling up and no one was coming to pick it up uh mere told me that's only in Rome and in the southern parts that where they live in Lumbar it is very nice uh but in germany i didn't see any trash anywhere it was all picked up it just seemed like a very organized and orderly society where they're going to take care of people where they're going to follow the rules and when it was time to quarantine i imagine they quarantined uh but this is going to take more study we need to know why germany did so well as well as why South Korea Japan uh the rest of Asia likely mask culture following rules preparedness maybe good leaders uh i don't know what it is but we need to figure this out because we need this in our society going on to the exit question i don't know the exit question go ahead Ben um yeah germany great go with that i mean if you haven't been there go the drive round on the roads on the amazing roads for the auto barn Jesus Christ like oh man i have so much fun and and you're going to speed you on and it all works put it up you go on a train it's like first class the whole the train it's just fantastic um but no i think rule rule maybe the rule thing maybe they they they don't mind following was actually quite enjoy following rules um and just doing things properly um and and i'm doing things well whereas we kind of fight against that here i think we don't like doing things properly we're right there so um but yeah no it's uh um i think the Thomas was right because South Korea is similar in Japan similar like they they didn't you know germans someone wants to tell me he lived in Munich when they worked i don't know if this is it's not really prejudiced i think i think they say um there was my neighbor used to work in Munich and he said that germans they won't do something unless there's a rule saying they can do it and then the brits they'll do something unless there's a rule saying they can't do it um uh so yeah it does change things dan where in germany should people visit um so i went to i've been to hydroburg that's a really nice place and uh where do i go i can't i can't remember the name it's in the veria which is like south east ish um but just going yeah going anywhere it's amazing it's really cool like germany austria switzerland or basically all of europe's pretty pretty cool so yeah go to go to go to europe not now maybe not now don't go out anyway because you're probably not allowed so and don't blame it on me if you do and you forget you're not allowed plus all the museums are closed everything's closed right now there's no reason to go anywhere but yeah i agree uh so far germany's very beautiful it looked very green i checked out ravensburg that was pretty cool kind of a smaller town it has cool castles also the museums museum island in berlin the german historical museum that's a good one and i'm still working on my german on duolingo i want you to check that out i think we're heading towards the end of the show uh i was just going to show the uh donation code if you'd like to donate now we're collecting bitcoin in a goal to raise one million dollars uh whenever that amount of bitcoin is worth one million dollars uh so far we have 33 donations you can go and donate now with bitcoin or lightning scan the QR code on your screen thanks so much for supporting the show now we'll go on to predictions or a story of the week dan eave the computer half chosen you you're on the spot for a prediction or a story of the week uh my prediction is that um i think that actually i think that it's a leak by the end of next week this is a sensible one and it's optimistic i think that i'd by the end of uh by this one next week it's the would it would be over their peak um and um i also predict that there will be an announcement of a therapeutic method that will significantly reduce the amount of people being on uh ventilators old predictions some good news for a change ben arc your prediction or a story of the week yeah i mean i i hope that there'll be um more reports and more studies uh um concluding that there are a lot of asymptomatic people out there but currently it's very hard you can't collect the data because you can't there's a way of measuring unless you tested them um uh just you know just doing blanket testing uh anyway can you get the actual data so they're they're talking about a an antibody test so people like me for example like i can actually test to make sure that i've actually had coronavirus and not just man flu uh so i predict that that will happen i'll be an antibody test and that'll be good and it'll give us better data i think that that's going into trials next week so that'll be really useful for people i also predict that um there'll be a lot more so i've been working um with a couple of groups on you know diy using our 3d printers and all the things we have access to to try and develop a pp equipment which is actually useful to people maybe not as good as the the it's when you see northern Italy running out of equipment and them having to turn people away you know my philosophy isn't um a diy ventilator is better than no ventilator um if you're dying and you're just going to die see might as well give it a go so i've been working on i call it the ghetto ventilator so it's like a ventilator you could make it a ghetto just from like car parts and things uh it's very very hard because obviously i mean this is just a non-invasive ventilator so far so it's you'll just deliver oxygen and air and using pressure to you know move your lungs not put any pipes in um no maybe someone can take it but basically i'm seeing a lot of building and development going on which is very easy to be critical of because you can say well you know it's not as good as this you know the end 65 masks or whatever but um i think it's important that people build and develop an experiment with these things because now lo and behold we have got a couple of of face masks for example 3D prints of face masks which are pretty good um and uh you know the you know the the sort of 90% there um so maybe not perfect for you know first world situations but if all these people are 3D printers can start printing pretty good masks and sending them to people who need them and that's not that's not particularly bad thing and then if we can have some open source ventilators to love this medical equipment is quite expensive um uh uh uh i know my my university swans university is also uh in south Wales they're doing some excellent work in doing outreach to makers and builders to try and get them to utilize their their whole fabrication stuff to develop equipment so i think that um there's going to be more of that in the news of of people chipping in developing um yeah equipment for for medical use i've been the the the one that you printed that um that have a filter built into it or did was that a sort of place for a store fee to put filters in yeah there's a space there's a space to put filters in it's actually developed by a doctor which is which is what you need really um and a lot of people were trying it because obviously you need a very airtight seal um a lot of people were trying to choose that by having adjustable masks which just didn't really work whereas he's just done it on site he's just does like six different sizes for this mask um and i either but i printed the one which i thought was probably my size and if it's airtight it's a real airtight seal um uh funding a vacuum cleaner bag so a lot of vacuum cleaner bags are uh are very good at keeping out um because i think coronavirus is like really small it's like two microns or something or zero point two microns or so it can get through tiny little holes in um filter paper or whatever uh so you need you need the right type of uh filter which is why they don't want people to feel that they're that they're not transmitting the coronavirus through a face mask and then they're actually transmitting the virus so this is why it's important to be vigilant and not just like print off any old mask and use any old material um but the the the one in which i tweeted out the one in which i tweeted out and i've made a couple of uh it's good it works pretty well it's not perfect but it's like maybe 80% there but over the next coming weeks they will become perfect because there's a lot of people like in our group so i set up a group a couple of weeks ago and we got like 35 people now and we've got all sorts like you know engineers biomedical people like doctors um that is and he's a lot of any statistics so and they're on the frontline obviously uh so um no it's it's really it's really quite inspiring uh but also very worth being uh vigilant and making sure that you know encourage people to wear or use equipment which isn't gonna work which is gonna put them in more harm um but it for me it's it's it's more that you know like we're lucky to have access to medical equipment you know and medical services which are going to be in destroying for sure but in a lot of countries there's no access you know in some slum and you know wherever um so they're going to have to build their own equipment to try and help alleviate some of the symptoms of pneumonia or whatever so um yeah hopefully there'll be more work and more more more press on on those efforts which are being made and there'll be also good designs which people can actually use and print out and what are functional and this is also only the early days of 3d printers most people don't have a 3d printer in their house they're not very complicated yet uh in the future we could see 3d printers maybe printing whole ventilators or maybe someday biological 3d printers you could just print the vaccine at home just prints your food it prints your vaccines it does everything it's biological printer printer of virus prints your own virus prints your own cure it's got it all uh you can play god with our biological 3d printer but uh my story of the week is I had a great time hanging out with you guys doing a little morning talk shows I've been getting a lot of good phone calls people are sharing their stories uh telling you know that they have it or they don't have it they're worried about it uh what they think about this or that the taxes the politics we've having a lot of great conversations so if you want to join us every morning at 9 a.m pacific time until about 11 a.m right here on the world crypto network so be sure to subscribe down below hit the bell for notifications uh thanks for giving us a thumbs up we got about 39 thumbs up uh 56 people are watching now so thanks so much for watching and uh yeah join us on those talk shows we also got a uh whole bunch of them that you can watch uh if you want to catch up on the back episodes a lot of good collars uh anything else we want to say uh you guys tonight yeah uh go ahead Dan you have something to say good yeah can you can you just go quickly to to because no one could be asked to go and look at my twitter profile can you just go quickly because I posted my little meme hopefully you like it this can't go that quickly what do you want lightning stop stops here we go see if I spelled it right all right here we go there it is it is remain here wait for it I think this is going to be worth the wait oh safety yeah just do it now so there you go I do have one with a builder's hat though I never posted one with a builder's hat the safety well there you go there are the two 15 so we're going to be back again tomorrow morning doing more of the talk show so you guys can join us it's going to be fun so join us in the chat uh stay with us we've been doing them all week we're going to try to keep going and uh looks like Ben's coffin dance coffin they're all coffin uh but thanks so much everybody for joining us uh until next time bye bye