The Bitcoin Group, the American original. For over the last 10 seconds, the sharpest Satoshi's, the best Bitcoin's, the hardest crypto currency talk. We'd like to welcome our panelists, John Skigala from Valtoro. Good evening, ladies and gentlemen. Christian Routsel from Raspberry Blitz. Hi there. And I'm Thomas Hunt from the World Crypto Network, moving on to issue one. Issue one Bitcoin price, $16,000. The price of Bitcoin has passed $16,000. And suddenly, everyone and your friend, including your grandmother, are all into Bitcoin once again, the TV news is back with CNBC breathlessly reporting on suddenly that Bitcoin is back. However, I ask you, Josh Skigala, is Bitcoin back? I mean, it never went away. This is the thing, like you listen to the, this is why you never listen to the mainstream media for investment advice because that always tell you when it's already quite high, anything. So you can get the last little scraps just before it dumps, basically. I mean, I think it's got a long way to go from here, but, you know, mainstream media, mainstream media, boom. Christian Routsel. Oh yeah, it's definitely back, at least on the public eye. So I think we're crossing now exactly that line where people are saying, oh, it gets back to its old kind of value. So, and even if we didn't cross the 20K yet, so I think we're already in the topic where people now take into seriously again, and now looking back, seeing that all those companies investing and stuff. So it's really, I saw in German media, I saw a lot of reporting that now the pros are getting in. So yeah, this is definitely, at least from the public view, Bitcoin is back, but again, like Josh was saying was never gone. So yeah. I agree with Christian, it's the same old story, but it's different this time. Now there's big money and big companies into Bitcoin. That means it's never going to go down again until it goes down again. So Bitcoin is back, stock to flow guy says it goes to 100K, just easy, simple as pie. Everyone should have sold their houses and bought more Bitcoin, but no one knew it until now. Exit question, Josh could go all the price of Bitcoin this time next week, higher or lower. It'll be probably higher, yep. Christian roots. Oh, next time, next week, that we could run into a small correction there, I think. So maybe next week we'll live it down, but in the long run after that, I also think there will be something higher. I'm always bullish, I'm wearing my NASA sweatshirt. I think we're going to the moon. The price of Bitcoin will be higher this time next week, allowing screen sharing again, trying to move on to issue two, but it's not there. Issue two, a new Bitcoin mining pool claims it has tools to censor blockchain transactions. A blockchain and technology company claims that it's new Bitcoin mining pool is embedded with tools that enable the pool to censor transactions in the blocks they mined. According to a statement issued by the company, the US government office of foreign assets control will be incomplete requirements and compliance with this mining pool. Should the government be censoring blockchain technology? Christian roots. Yeah, we all knew they were trying. So, and of course, there will be companies trying to fulfill all the regulations to do legit business. So, yeah, but the claims like they have to tools now to censor command is if you run a pool, it's just a text file you maybe need in there to mark some some some wallets there. This is not big tech they were developing. This is more like an engineer was building in a day or something and they're blowing it out like they did a big new revolution. The question is can they pull something off to coordinate with other mining pools that everybody agrees to not put this transaction in there. So and they are not relevant as far as we're seeing on their hash rate stuff. And to just to pull off this coordination and then this political thing is a complete different games and just telling I have a tool now to do this. Was it a Gala? Will they be successful? No. I mean, look, they can they can censor they've always had the tools. It's not a new thing. You can a minor chooses which transactions they want to include in their block and and the thing is like all that will happen is that illegal whatever that means in a certain country transactions will wait a bit longer until some pool that doesn't have a filter mines that transaction. It's as easy as that. So it's it's it's it's fine. They especially if I think all that will happen is that maybe dark markets and stuff will ask to pay a higher fee because there's some greedy greedy pool out there that will will chuck you in the next block. I agree with the panel here. This is nonsense, but it just keeps coming back over and over again bigger and bigger companies bigger and bigger the same plan. I'm new to Bitcoin. I just got here. I'm going to fix Bitcoin. Here's what Bitcoin needs that you didn't know about and surprise its censorship. That was the correct answer Bitcoin needed censorship. You should have worked harder on it when you built it the first time. Did you know the world crypto network has its own store at world crypto network dot store. You can get world crypto network the bug. The treasures don't float t-shirt Bitcoin not bombs t-shirt and world crypto network. The shirt at world crypto network dot store. Issue three as government seek encryption back doors Bitcoin becomes critical. Furthermore the government is interested in your computer. On November 6, 2020 the council of the European Union released a draft council resolution on encryption. The document is supposed to serve as a precursor to a final text to be presented to the council on November 19 for legal adoption. It emphasizes support for data encryption in general but also notes the challenges that encryption technologies pose for investigators who want access to criminals, communications. The government wants access. The people want privacy. Christian Routsel is Bitcoin important to encryption and privacy in government. Will it bring us freedom? I think it shows us that we can put something against us. Even think what they are searching there is more like for text messaging. There's not exactly for payments yet because the payment system is already the legacy payment system that we use right now can already be censored and monitored if they want to. Bitcoin shows that you can replace those systems even if they try to build them up. They really push this stuff through which I also doubt a bit. They always wanted it to have. This is another try. It shows that we can have technology and build up decentralized technology that can work around this. They had a cat is out of the box. They would try. But I don't see this really working out for them in the end. This is some hope here. We can see it in the wider out there. Josh Gagala. It's ridiculous because there has been cases where terrorists have executed on their plans and then in the post-mortem investigations that come out that they were just using plain SMS between each other to plan. These attacks, I can't remember which attacks they were, but it's ridiculous to think that if we had if we banned encryption then we'll be able to get these people because these people aren't even using encryption some of the time and they're still not catching them. We always need to fight against these ridiculous notions that this will stop child pornography. This will stop criminals or this. It's always like this hard core things that they use because no one wants to be against child pornography. Everyone is like, if you're for encryption then somehow you get associated. You have to really stand ground and say, no, that's disgusting and we should do everything possible to bring people to justice that are filming and exploiting other people. To take away the basic freedoms of feeling that you can have a private conversation when either in person or over the internet, this is a fundamental human right that we need to constantly fight for and constantly strive for. As we often talk about new technologies start out free and open such as the printing press, you could print pamphlets, anyone could print, then the radio, anyone could have a radio station, television, anyone could have a television station, the internet, the computer, anyone could do anything they want, you can edit the computer, you could broadcast on the internet, you could do all these things and then they just kept getting limited and kept rolling back. That's the way it happens is slowly your freedoms go away, slowly they have to have back doors and everything, they need to be able to look at your phone, they need to be able to look at your computer. There's a reason for it, you should submit, you should give in. Moving on to the exit question, the new Apple M1 chip gives Apple complete control of the stack. It does not allow programs that block Apple programs to go out and Apple reports every program that's running back to home base to make sure your computer is running well. Is this the future of computing? Is this the kind of computer that you want? A computer that's always safe, always good, always up to date and always watching you. Christian Rootsable. Yeah, right before the show, I did a reboot of my Apple and I did a 20 minute whatever installing shit, I don't know what they did there. I think I already have, I've always already been monitored, I already give some something into my hands of Apple here. So yeah, it's just what they're doing, they're closing down more and more their system because they, if you look at the iPhone, how tight they have this system and you can see this now more and more coming to the desktop laptop world, what was normally more open, but it gives them more and more control what you can run there. Maybe you can do it with a development key and whatever like, but it's getting more and closer and this is more like a, at least an next step, they know they have to silicon, now they can push it step maybe further. I haven't looked into this exactly what they were doing there in the M1 chip, but yeah, it's just this direction and we need open hardware at one point and we need the software that's running on this open hardware that at least gives the people a similar kind of kind of comfort. So we, but we're getting there more and more. I can see, you can see more and more projects reaching for this level. So yeah, it was expected for an Apple in a bit. But it's, you can trust Apple, right? It's the privacy kind of company I heard. So yeah, they maybe they, they see something more of you, but they are the good guys I heard. So I have to be as comfortable. It is interesting to think about your various options though. If the environment out there, it really is so bad. If the water is toxic, if you have to think about taking an iPhone into say Russia or a Russian hacking den where everyone starts pinging and attacking the phone, all of the software is malware. Everything the user does can lead them down a wrong road. Does Apple have any choice? Do they have to lock down their phone? Is the alternative of a larger, more open garden actually leaving them at risk? Are there too many hackers out there to have these old fashioned systems? Josh Kagali, your thoughts on Apple and everything? I think generally like we're as humanity heads more and more into, more and more into computerized robotic world. For instance, self driving cars will know exactly where they, where you are all the time, keep total control of where you know, back to Tesla, back to Ford. Ford will be, you know, Apple will probably have their own car as well. These companies will always strive for more power. And I'm not sure, you know, if there was any reason to get a pair computer or one of these Apple clones, it probably would be the time. But I don't know. I think if, I don't really buy the fact that you can't hack around these sort of send to home like phone home signals because at the end of the day, it all needs to go through the ethernet or through the Wi-Fi protocol so you can filter that somehow, see some sort of signature that you can filter out. Some clever people at the hackers congress will fix this, I'm sure. But yeah, I mean, it's all about the mass, you know, and you might get the few people that don't. And the problem is, and you get the few people that don't, and they're the ones that are constantly being looked at like, you know, they're doing something wrong. But the fact of the matter is, like I said before, that terrorists or whatever the baddies will just be using the normal stuff because you're hidden in, in plain sight, you're hidden amongst a haystack of billions of people. And so the people filtering out the network won't probably even be watched because it's like, you know, you're a bunch of people that, and they're a red flag or pop up, a maxing area. This Thomas Hunt, he's filtering is, we haven't seen him phone home for a while yet we've talked to Adobe and he signed into his Adobe account. So we'll see. It is a very interesting topic. You have to think about how it's really all or nothing. You have to have some privacy, some people liking it. If everyone doesn't like privacy, there won't be any privacy. Will they be successful? Will anyone care about the privacy implications of the M1 chip? Yes or no? Josh Cagala. Most people know. Christian Roodle. No, most people don't care. As long as they know selling it for advertisement, just for improving the products, I think people will run with it. No one will care 20 hours of battery life. It runs all day moving on to issue four. Apple should buy Bitcoin. Companies like MicroStrategy are buying millions of dollars worth of Bitcoin. Square even put Bitcoin on the books as an investment, maybe a hedge and so far their way ahead. Apple famously has a horde of cash. Legendarily perhaps one billion dollars in a money vault, just like Scrooge McDuck. Should Apple take some of their gold out of the money vault? Perhaps do it through a double laundry, through Italy and Ireland and Greece and all kinds of other great foreign countries. Should Apple buy Bitcoin? Christian Roodle. The funny thing is in this article, this is one thing I hear more and more and it seems more and more common sense for classical investors and business people that cash is trash. This is really interesting. I read this more and more now. So, the third thing that at least have to think about this. So in the end, they were buying back stocks. So they were buying their own stocks back. So this one strategy to push even your stock value. But I think at one point the greed will be big enough. If you see the opportunity and the hedging opportunity and the situation that cash is trash, there is definitely something for Apple to think about here. So not sure if they will do it because there is something still. Don't forget Apple paints themselves as a company that cares about the environment and all this stuff. So having Bitcoin, this little bit of this money that needs so much energy, this could be something that they may be thinking about from their marketing terms. But we have to see if the greed will be bigger here. Greed versus marketing. Josh Gagala. Look, I mean, they haven't put any money into their R&D of new products for a while. So they might as well buy some Bitcoin. I mean, at least when Steve Jobs is around, there was new products every so often. Really revolutionary thing. But I haven't seen anything new. All they've done is given you iPhone 6, 6S, 7S, 7S, 8S, 8S, 9. And then, ooh, an Apple watch. You know, like, come on. They haven't even got some VR glasses. Like, come on, give me some VR glasses. For God's sake, give me something else. What are you doing, Apple? You're not even your desktop computers are just nowhere to be seen anymore. They're not even making those anymore. They're just focusing on their laptops and their phones. Not even their laptops, probably, that much, even. It's more about phones now. So come on, Apple. Give us some, I put some money into R&D. Make some cool shit. Josh forgot all about the phones. They made them bigger and bigger and bigger. And then, revolutionary, they introduced a small one. They made a small phone. It's amazing. Can you imagine that they could make a phone this small? We had to meet out that size. We did it. And it fits in your hand. Not like a big one. It's beautiful. It's amazing, beautiful. And they made a great keyboard, too. I wish they would just make a good keyboard. But no, Apple should invest in Bitcoin because then we'll become a complete full circle. Early on in this show, you couldn't even download a Bitcoin wallet from the App Store because Apple had banned all Bitcoin apps. You can't even imagine that being possible today. Not just creepy trading apps or apps that track how much Bitcoin you have and are really tracking you. But all Bitcoin apps were banned from the App Store. You had to get an Android. I think someone at the time took a machine gun and shot their iPhone. They put a bullet through it to get a Bitcoin or something like that. They got a lot of donations. They were very serious about the bullet and the gun. But really, we need to go full circle. Apple needs to buy Bitcoin. The US government needs to buy Bitcoin. Just like I said, they should have held that Bitcoin from the Silk Road. They still have that billion dollars. They should build Smithsonian museums with the billion dollars of Bitcoin. The US government should do something right for exchange. It's not too late. Exit question. Josh Vigalla will Apple invest in Bitcoin? Yes or no? Yeah, yeah, eventually. I think everyone gets it twice a day. What was that, roots? I don't know. I think we're back. Go ahead, Christian. Oh, OK. Yeah, it's just what I just say. I think no, Apple will not publicly invest into Bitcoin. But they may be find a sneak away around it by some other stuff that includes Bitcoin. So they can profit from it. But they don't have it on the books and on their marketing sheet. I agree. I think Apple will buy Bitcoin. I can't wait for it. It's going to be very exciting. It's going to be one more thing. And it will be orange. Moving on to issue five. Maybe the issue five. Here it is. Podcasting 2.0. Adam Curry is back. The founder of podcasting is integrating Bitcoin. And not only that, lightning into his app. He says that it's time to start streaming sat. He calls it podcasting 2.0 and 98% of the proceeds go directly to a podcaster's wallet. The service will be available soon. Christian Routsel, your thoughts on podcasting 2.0. Yeah, I was really waiting for this a bit because I have a history of risk with this podcast. I had a podcast start up back in the day. And even Matt Adam Curry at one or two occasions. So it was my kind of scene back then. So podcasting itself was always great because people hosting their content it was a free ecosystem. There was this open standard thing. But it always missed the thing. How can I make money out of my podcast? How can I make money with this? And I always was thinking like there was something missing. I mean, I saw Bitcoin the first time. The first app I was building on a hackathon was to send little amounts of Satoshi's to donate to people. So as a gratification, for example, for a podcast or something. So there was always this kind of idea of remissing something here. And to see Adam Curry now going with this and really putting something out there in new concept is really great to see because he really understood that this was the missing part to have a very extreme that you can attach to your media. And he comes with a good community there. He has a long running podcast where they approved this value for value model where they rely on donations from their listeners. And now they are getting more and more introduced to have their donations really in the technology themselves. And we see with the lightning thing, we see that they cooperate with the Swings app. So that it gets integrated with chat on lightning. And then you can really kind of hear the podcast. And then like, oh, I like this very much. And you even can push a little bit more. Or you can subscribe to just this podcast and send them directly to sets. And even then the podcast can say how they want to split the sets between maybe their host or the app developer or some other content producers on the podcast. So this really adds a new layer there. I really, really like love to see and really excited to do. And for the recipe Blitz, we try to integrate now. They did the Swings on there too. So people can play a little bit more and use their recipes. And one thing, Adam Curry is running a recipe Blitz. This is what I heard. So we are really in there. So I try to figure this out. This is all new. So this is very experimental still. But the prototype is out there. And there's already saw a lot of people excited to try this out. Well, it sounds like great software. I don't know very much about this implementation. But I have been thinking very since the beginning of Bitcoin that Bitcoin is a great way to reward content creators. And one of my first ideas with mad bitcoins is just by putting the QR code on the screen, you could allow people to give you money for the show through the video, through the internet. Anywhere it went, even if they downloaded the video or put it on another website, they could still donate through that QR code. Or if you put it on a poster, you can do that same magic to a wall anywhere in your neighborhood. You can collect donations of Bitcoin and now lightning in the lightning network with a QR code. So I think that's really exciting. We've supported that with ProTip, the open source Bitcoin tipping application and other apps in the past, such as tallycoin.tally.co. tallyco.in. Check out tallycoin. And of course, podcasting originally used RSS feeds to deliver the audio files RSS created by Aaron Swartz and one of the great technologies. It's time to reinstall feedly, get feedly back. Google reader is dead, long live feedly. I'm setting up there, Josh Cagalla, podcasting and RSS. Go ahead. Yeah, definitely. We need RSS back. Well, people need to use it. It never really left. It's been sort of in the background. But the fact is that Google actively tried to destroy it and so did Facebook because they knew that you don't want people to aggregate their own things. They don't want people to subscribe to blogs that they like and stuff. They want you to go onto Facebook and let your friends tell you what to look at. So now I really urge everyone get back into RSS because we write a blog at Valtora.com about crypto and gold and investing and everything else. And it hardly looked at compared to what it would be if people were using RSS. Because they would subscribe to it and they would use it. But no one even knows what that is. You talk to a kid, hey, RSS, young teenager or something, they're like, ah, what's that? They don't know anymore. It's amazing. They just know Twitter. They know these sorts of things. But it says really, really important. This is the way you decentralize the web because people should have their own blog. You shouldn't be posting stuff on Facebook or on Twitter. You should have your own blog and write your thoughts there. And that's really important. And for podcasting, one of the early things I was trying to do years ago was to embed the, um, embed Bitcoin address into audio. So you just hear tiny little clicks and just like with SoundHound, you wouldn't actually hear it. But if you held a microphone up, it would detect tiny little, uh, un, uh, you know, the human ear wouldn't pick up on it, but the microphone's would and then you could send money to podcasts. And that was, I was trying to get back in the day with, uh, when Adam Bilavene had his show, uh, to work on that. But it never went off the ground. I somehow lost track of that project and we didn't end up doing it. But, but I, you know, if you're out there and you're a sound engineer, run with that idea, do it. I'd love to see that happen. I'd love to see that working with podcast that this clicking that you is unordable, uh, inaudible to the human ear would just permanently be going the whole time. And you could just say anytime hold yourself up, I, uh, some sort of wallet and pay them. I think it's fantastic and, uh, it should be, should be done. Well, Josh, that sounds like a great idea. Ha, ha, I see what you did there. And another interesting note back in the day, Theo Goodman was encoding the blockchain. He would encode your private key onto a record. Then you could play the record back and get your private key back from the audio file. So it is possible, but I don't think it was in the high frequencies. I think you'd actually have to listen to the blockchain. And it would probably sound like an awful mess. Yeah. So I think we've reached the end of the show. It's time for prediction or story of the week. Christian Rutzel, what's your prediction or a story of the week? What's going on? No, oh, story of the week. In the end, this was the podcasting two point thing for me. So really seeing, seeing this happening and then seeing the new community. This is really a new community now connecting to the lightning Bitcoin communities. So it's very interesting and then because hours as they extending the hours as standard to include stuff in there and to see this happening again, seeing those post words now coming together, you have strong communities behind them that are not pushed by marketing stuff. So it's really people that want to change technology and want to build something there. This really excited me very much. This kind of my story and my prediction is that it will take a bit to figure this out how to how we do it correctly, but it will be a great time for people to join in there and change technology and experiment there. Josh Gagala. We're starting to have a lot of movement on Vautora. We're going to have a lot of people buying gold hedging into gold from these high prices and that's also exciting. As you know, some people are a lot of people are getting out of gold. So it's kind of interesting. I'm always keeping the eye on these people because the gold Bitcoin people, they understand economics a bit deeper than the average. And so it's it's for me, it's really interesting watching this as we head towards 20k. What happens? What where does the smart money go? Do we pile more out of gold or do we pile back into gold? And so this is fascinating. Definitely check out Vautora.com and keep an eye on that market. As more and more people are in lockdown and staying at home, it's important to have good movies to watch. So check out the founder. I was watching that earlier. Check out Ted Lasso on Apple TV and check out Bitcoin and games. Our new show we're going to try to play among us again on Tuesday at the same time as the Bitcoin group at one o'clock, Pacific time. So you hope you'll join us. We're going to have another fun game of among us here on the internet. Thanks for joining us today on the World Crypto Network with the Bitcoin group. It's about towards the end of the show. Anything else you guys need to add to the show? No, lots of love. I'm good. Thanks. Thanks for joining us. To that politics. Relax. We'll see how it goes. We'll see how it goes. Until next time. Bye. Bye.