The Bitcoin Group, the American original, for over the last 10 seconds, the sharpest Satoshi's, the best Bitcoin's, the hardest cryptocurrency talk. We'd like to welcome our panelists, Martin Wishmeier, from General Bites. Happy old time, hi guys. Ben Arck from BTC-I-O-T. Good evening, all. Josh E. Gala from Voltoro. Evening. One galt from onegalt.com. Howdy. Dan Eave, the crypto raptor. Happy freaking Friday. And I'm Thomas Hunt from the world crypto network, moving on to issue one. China's plan for digital yuan, imperils, bitcoins, biggest market. It sounds like China is certainly going forward with their plan for the digital yuan, and this could not only impact Bitcoin, but other members of the international community. How will China's digital yuan create pressure on the United States to make their own digital cryptocurrency? And will China be successful? And will China pressure the US and the rest of the world to go digital? Yeah, I'm not a big fan of these digital central bank digital currencies. It feels like a bit dystopian currency where governments can add will block your transactions. They can see every transaction you make. This is definitely not what Bitcoin is about. And I think after a few years, we'll find out that the people will find out that they really don't want that. You know, from a business perspective, if general bites can add these digital currencies, but to be honest, I think people should just be very careful with these digital central bank currencies because they're not going to be able to stick to Bitcoin instead because it's dystopian and wanted. Ben Arck. Yeah, I mean, I've said it before. I do think that countries, more and more countries are going to have their own own blockchain. I'm not really interested in them having their own blockchain or whatever else. It's kind of silly, but as a side chain on Bitcoin, some federated fear thing, side chain on Bitcoin. That to me makes sense. And it could be a more honest, kind of more democratic, more decentralized fear. So it would be a better fear than what we have. And it's a very important question to opt out into the free and open source money, which Bitcoin is. So yeah, it's a natural progression. It's just a shame they still haven't figured out that these things should be built on top of Bitcoin as opposed to trying to build their own, you know, Destro brand currency crap coin. Dan Eve, the crypto raptor. Well, as you hear about a new cryptocurrency currency, my thoughts are, you know, is there going to be a pre-mind? So I'm sort of test net or a drop or something. Will it be listed on Binance straight away? I mean, all these questions come to mind. But no, in all seriousness, it seems like the natural evolution of money, doesn't it? It's slowly being digested by institutions that are kind of coming out of a Bitcoin closet. They're putting their balance sheets where their mouth mouth are. And I think we'll probably see a bit of a cascade after if China are the first to release it. A bit of a cascade after that, whether it will be a one-to-one swap and how the mechanics work will be an interesting thing. But yeah, I don't know. I think I kind of see it as a positive in a way for Bitcoin because of the fact that when it kind of gives legitimacy to a digital currency, and if people were already skeptical and they're like, oh, you know, I've got a Bitcoin's bad or whatever. Now they're kind of thinking, well, okay, so if central banks are doing them, then these digital currencies can't be that bad. So, and it then sparks the question of why, why are the banks now doing it? Is there some sort of reason? You know, it's the obvious reason is usually it's a lack, a loss of control and control means power and maybe they've got too much power. So as long as it sparks the right questions, go PBOC. Yeah, Shigala. China and digital, look folks, every single country that's fairly developed already has a digital currency, they're already digital, they don't print money out of thin air, they type it into thin air. And a blockchain, a decentralized currency needs to be immutable, so it needs to be on a chain, it needs to be going where it needs to go, it needs to be unstoppable, it needs to be fungible. And states don't want that, they want more control. If you run a mafia, if you run a mafia and you're going around shop to shop asking for protection money from these shops to protect the shops from yourself, obviously you beat them up if they don't pay. And you force them to use your money in the shops. Do you really want them to be able to have independent money when you've taken years to build an infrastructure where you force everyone to use your currency? No, so these things are going to be just more control, it's going to be dystopian to the end degree. You thought they could, it was fun that the government can grab into your bank account and just take money out if they see fit. You wait till a digital, or a digital dollar, or they're already digital and a blockchain will be even worse for you because it won't be a blockchain, it'll just be the buzzword blockchain. And yeah, don't fall for it, don't fall for it tonight, man. One, ask God if they make a digital you won, are you in on the pre-set? Hey, listen, if I can get into the pre-ICO, the pre-ICO, then who would pass that, who would pass that? I mean, absolutely, I mean, listen, I think this is, this has been a long time coming, you know, that there's been, it's existed for a long time. But the FIA currencies have been digital for what, like multiple decades already. The question is, are they going to be fully KYC and are they going to sort of set up some process to KYC everybody that uses them, or is it going to be digital cash in the way that Bitcoin can be, even if their infrastructure is centralized, and even if they have full control over the money supply of the currency supply. Obviously, China is going to want to control this supply, so that's the kind of, sort of, you know, economic gains that they play, and they're going to be running, it would probably, I can imagine it's seeing like an EOS type infrastructure where they have like, you know, a set of super notes, right, with voting shares, this and that, right? And I think it'll be really interesting because what they, what they might not be realizing or perhaps they do is that this, this removes control from them, even if they have, you know, even if they have, they're running their own infrastructure. Even if different government institutions are running the full notes and doing like proof of stake verification and so on. At the end of the day, there's like cryptographic, so there's like crypto war games that can be played there that we've seen in the crypto ecosystem for, you know, a decade. And they're exposing themselves to sort of new cyber risks in a sense, even if, even if they can expand, right, because the benefits to them is that if they do like a cash, like a digital cash. And if you want where they control the money supply, but you don't need to KYC to use it, or at least initially you don't have to, right, like with better, they do sort of on chain analytics. And then if they decide that your public address is associated with whatever they don't want you to be doing, then they'll freeze that account. But that's after the fact that's not, you don't do preventative KYC KYC in that, right? And then it's kind of like digital cash system, they can spread beyond the borders of, of their own jurisdiction. They can certainly now start, start serving Venezuelans and Brazilians and Russians, right? And so the borderlessness of Bitcoin becomes sort of, they take that quality and add that quality to their field currency. And sort of borders become even further diluted. And that's I think the game they want to play, however, even with all of that at the end of the day, who has confidence in China's sort of monetary policy, right? Like, I don't want to hold gone. Why would I want to do that? Right? And some people might, right? And they might for a while, but at the end of the day, you're trusting a communist authoritarian system, right? With your money. So fundamentally, they cannot compete with Bitcoin's trustlessness and it's, you know, set in stone monetary policy. But still you got to love the name, the digital you want, right? It's like right there. Digital one. Moving on to the exit question. If China's number one, who will be number two? What's your country? Who will you pick to follow China in the digital currency arena? Martín? Well, Europe never agrees on anything. So it won't be the European digital currency. So I guess some small country that just hires, I don't know, ripple executives to put them some create them some shit going. I don't know. I'm really I'm not convinced this is a good development. I think cash is king and will remain so that's just I think a personal opinion. Small country good pick Ben arc. Wales, of course, the washpounds going to happen and it could start small. You could have your federated this, and it could be just think of a liquid token, which you could increase the supply of a decrease supplies if they she wanted to. And yeah, as a federated fear, multiple signers were just sign off, you know, the monetary policies. And to begin with that could be done with, you know, just sort of enthusiasts and then hopefully that power could then be handed over to different counties in Wales. And then the washpound would just grow organically and take take away power from the British pound from the, you know, GPP. But honestly, Wales were right for it. I thought about making it myself or trying to make it myself. What's great about. It's a bit like Nick Zabo's social scale social scalability concept. What's great about it is, you know, I could if I sat down for a few weeks, hack together a currency. And it would work and being a liquid token, we could run something like lightning on top of it and we could have access to all that infrastructure for day to day payments. And it would, you know, that thing I could hack together would be as efficient or if not more efficient than, you know, visa network. And instead of, you know, you can create a currency without having to have a central bank that haven't have all these technocrats. So if it's something which is a community coin and there's has some sort of identity attached to it, then, yeah, I totally think it would, you know, a smaller country is probably the way forward. And hopefully it will be Wales. Dan, Eve, are you ready to let Wales go so easily? I think there's probably coming soon. I can't see why like Scotland is slightly diverging off, but how they don't know they're not going to vote out. You know, you know, in an hour of the thing I can see all breaking up and then and then everything's going to be a race to shit coin them. But maybe I don't know, maybe a curveball instead of an actual country could be like, you know, Elon Musk separates a part of Texas off and then starts off, you know, those coin is the national currency there. There could be, I don't know, maybe maybe even maybe is legal and legal and it's Bitcoin must be the official currency of legal and rights. That's that could be the first the world's first in theory. And maybe maybe I'm hoping for my multi's blood to shine through and for them to because because I want to go and live there at some point because England's just a bit grey. And that would be awesome because I could be an expat and you know get involved in the in the multi's currency. Maybe. Josh, she got a a lot of money. Someone came in the Cayman Islands. They've always been ahead of the curve when it comes to, you know, finances. Aligning fintechs to actually work without the paper work up to the eyeballs every day. There goes Ben slap. Someone just slapped Ben in the face. Well done lightning network, but yeah, definitely maybe Switzerland. I'd like to see one of these small countries just do it. But I actually wouldn't like to see any country do it actually like I'm with Martin. But if someone's going to do it, you know, one of these small countries. But yeah, don't fall for it peeps. I'm going to fall for it stick with Bitcoin stick with even even even one of the old coins just not a state run coin. That's the whole point is to get away from the state run points. One goal to any expectations for a digital one you want somewhere else. I mean, I don't I don't know about expectations, but it wouldn't be funny if the Miami governor or like if Florida launched a token or Texas launched the private currency. We've probably once you know for a while, but Miami is really picking up on this this whole scene, right? So I mean, that would be that would be cool. I don't know if I have a pick, but it does look like things are attacking Ben on the Ben camera there. So let's see country wise. I still hope for Japan. I want to see a really technological country somewhere where they already have the infrastructure. They already have the IT people. They're already ready to go where they're kind of transition to Bitcoin would just be overnight. Everyone would just agree on it. And suddenly it would be everywhere. Let's move on to show a picture of tally coin. Check this out at tally coin. You can send a small message. I'm going to put this message in and I got the lightning network and I'm going to send two dollars. And if you want to send us a message, I'll read it on the air later in the show. But more important than just sending messages, Ben has pushed the envelope and is ready to tell us about it. Ben, what have you built here? What's going to happen? Well, I mean, this is building up to my I've had this dream for a while that will have a Bitcoin conference in a panel. And each person on the panel will have something you can have done to them. They can electrocute them or you can blow smoke them or slap them or something or punch them in the head face it. I've been my dream to be electrocuted. So what I've been a been a planer and I did make the electrocution thing as well, but it didn't work sadly. It wasn't my fault. But the smoke machine and the slapping machine can seem to be working quite well. So I just started testing them on the show, but it's all made using. Alan bits, the Alan your L pay extension on Alan bits where you can mint Alan your old pays. You can do it on your own node so you can do it in a self-sovereign way. It's the only easy way to mint an Alan your L pay or withdrawal without having to. You're just going to start on to write your own code you just want Alan bits. Now, all you can do at Alan bits.com and all I've done is I've just got these devices connected to my Alan bits using. Alan you are a trigger, which is a little project I did a couple of weeks ago, which is where you just have an ESP 32 and it can see if it's been paid. It can turn a relay on and then turn on all this all this craziness back and probably show you the slapping machine as soon as probably. I think I can show it you without it disconnecting or maybe not. I won't show you. Yeah, no, I will. I'll try. This is a slapping machine. So it's a 12 volt battery. And then it's got. You get out your wallet of certain. And you scan the QR code. And the smoke machine makes smoke and the slap machine makes slaps. How much does it cost, man? Well, it's 500 sets. I was going to reduce the price, but it seems like, you know, people, people, people, they use it. So I, I, I, maybe if it gets quiet, I'll reduce the price. I mean, it's 20 cents guys. Yeah, there's, there's, it's well worth the 20 cents. Yeah, it's as well. It's horrible. But I just, I can't wait to get. I know I had them back on the panel and slapping one of these things. I'm sorry. Well, I don't love how they're back just. I want an instruction kick. I definitely need one of those in my life. Yeah. Yeah. Yeah. We have space in the chat saying the porn applications of mind boggling. They, I mean, sometimes my more watch is this show. So I can't say anything. But, you know, There's lots of things it could be done. But we'll come back and we'll stop and again later in the show. But let's move on. More time. Sorry. Let's keep the camera on Ben now. Moving on to issue two. JP Morgan sends its private clients a primer on crypto. The report, which was produced in February and obtained by coin desk on Friday, has been distributed to clients of JP Morgan's private bank, which requires a minimum balance of $10 million to open an account. And the idea here is just a general one. What has changed about Bitcoin in the last five years that JP Morgan would have such a radical shift of saying Bitcoin is a Ponzi scheme and it's two lips and it has no value and it's going to zero. And you should avoid it like the plague to suddenly recommending it, not just to their. Clients, but to their private clients worth 10 million or more. Let's go to Ben arc. Go ahead, Ben. It's think about COVID, you know, we've spent the past year. We're all indoors. We're all spending more time on the internet. Living out a sort of digital version of ourselves. There's been a huge bootstrap for a lot of industries and. You know, I think. Like we see was all the NFT stuff and all this interest on the Bitcoin. And from people who want to use it for its store value properties. Such as these, you know, big money people. We've been catapulted maybe five years into the future when it comes to Bitcoin. Hard COVID not happened. We wouldn't be where we are now. And that's the same with a lot of other industries such as under video, video conferencing, for example. So yeah, Bitcoin's more relevant than ever. And people are starting to understand the importance of having scarcity. In additional material world or digital world. And. Yeah, this is that that's just off the back of that. And then for you know, for JP Morgan's customers, I think. These people are going to have 10 million dollars in order to be clients. And I'm breathing in it's like. I think. Oh. I've spoken enough just to get a little bit more. I've spoken enough just to get someone else. That's the cute. All right, let's go to one as well. One are you still with us? Yes. About JP Morgan and large companies suddenly, technology Bitcoin. Well, you can't deny the Michael sailor effect. Whether it was coming without him or with him, he certainly has become a corporate cheerleader of Bitcoin. And indeed is having a, you know, an observable impact, right? Getting a lot of musk and so on. So that's got a, you know, as a bank as an investment bank, you kind of have to look at that and realize that, you know, you don't want to be the one that missed the boat. The only thing is that the liquidity and the market that has probably increased the point where. They can actually start to put in a few percentage points right and like these major hedge funds and all these big clients, especially start getting in. Because before they would just move the market far too much, right? Imagine if Elon Musk put that $1.5 billion in the Bitcoin coin, I mean, you would be a very short right to the moon and back down. So, I think that's part of it. And the same thing with this sort of trillion dollar market cap with Bitcoin, you know, that is going to be resistance. But once it becomes a floor, it's going to be a huge mark of credibility to Bitcoin as a serious sort of player globally. You know, that added to the fact that the proof of work energy consumes is bigger than many countries now. You know, which they'll use it as criticism, but in reality is actually a measure of its strength and resilience, right? So, you know, it gives confidence to Bitcoin and now they can't ignore it anymore. Dan Eve, a trillion dollars for Dozecoin? Well, I personally think that the JP Morgan, they're just, they're running by the classic rules, isn't it? It's filled before Schill. They're not going to start harping on about it until their bags are ready. And you know, back when was a twerrrr eye-crime burst 2017-2018 when there was the whole thing of Jamie Diamond that was, he was slagging off Bitcoin and then suddenly out of nowhere like JP Morgan Sweden buys 9,000 contracts or something. Yeah, there's lots of kind of things like that that have been going on the whole time. And at the end of the day, I think we said the other week, you know, imagine they're all the big head honchoes just like you've got the pump groups now. You've probably got like Elon and sailor sat in a telegram group going, yeah, should we pump like Cardano to teammate? Or why not Cardano, but you know what I mean? They probably all still doing it. Let's face it in the higher echelons. That's why the 10 million plus customers are getting the inside info first, but obviously not before JP Morgan and Jamie Diamond, the Diamond Geese has filled his bags, their bags. Josh, Shagala, do you need an illustrated primer from JP Morgan to tell you about Bitcoin? Absolutely. No, JP Morgan Chase is a criminal institution. They've been destroying the price of silver and gold for a long time with the make it short. And they knew they could get away with the whole Phil and Schill concept because they couldn't in the regulated markets. And this is the game that Elon's playing as well by having fun with his tweets and moving the market. Yeah, I mean, JPM, all these major banks, of course, they'll offer their clients are demanding that they get with the times. They're going to look like antiquated fools if they don't offer their clients some sort of exposure to this amazing ecosystem. Yeah, it was just a matter of time. And of course, JP, you know, Diamond, it's just ridiculously sick what he did to Bitcoin. And it people, yeah, really. They need to, they need to pay people who need to just boycott that institution and not play with them. Don't let them in the garden. Martin has anything changed in Bitcoin and to agree with Josh. How many people did they turn off by being so over reactive and so afraid of this now suddenly a new asset class that they had to call it tulips and insult it over and over again. Well, JP Morgan is one of the largest private banks globally. They serve high net worth and ultra high net worth individuals with usually, you know, their minimum is $10 million. Ultra high net worth group of people according to kept jam and I have at least 30 million dollars and of those ultra high net worth individuals. Most of them have allocated at least 1% of their holdings into Bitcoin. So the fact that now years after first bashing Bitcoin, they are now all of a sudden releasing flyers, not really a surprise to me, but I assume that most of their ultra high net worth clients already have 1% of Bitcoin. So I think it's more that their clients are forcing them to join the party and maybe they filled up their own backs with some Bitcoin. But it's if they want to remain relevant to their clients, then they have to say something good about Bitcoin because their clients already have Bitcoin. That's what I think is happening. Exit question, the banks are now recommending Bitcoin has hell frozen over Ben Ark. What else could happen that would convince you the Bitcoin has finally made it. The country is adopting it, I suppose, but it's worth remembering, you know, as all these people who we criticize and we were happy not to be in Bitcoin before and now starting to get into Bitcoin and pull that liquidity into Bitcoin. Bitcoin is the Trojan horse. So it's there to speak behind enemy lines and, you know, sucking liquidity in the more liquidity it sucks in. The more power it takes away from sort of state capitalist near liberal types, which is good because we don't want them to be in control of the money supply. 1S, got. I have to say I love this contraption you created. If I wasn't here, I'd be hitting this lap on over and over and over and over again. I'm sorry, what's the question, Matt Bitcoins? What will happen next that would shock you about Bitcoin adoption now that the banks are accepting Bitcoin? I mean, it's incredible. I think I think we're we haven't really seen what the next level is. You know, I guess it's going to be family offices. It's probably going to be governments adding Bitcoin to their Treasury. I think we could see, you know, after they print another lot of of the currency over in Europe, you know, I could see them adding Bitcoin to the reserves. You know, if they launch another sort of global is the currency having Bitcoin in that reserve. I'd like to see Bitcoin test gold market cap of something like 11 trillion dollars and trillion dollars. I'd like to see it test that. I'd like to see it beat that. That would be a whole other level of adoption. That's what I'm aiming for. That's what I'm hoping we really get to. And that's $500,000 Bitcoin if we reach $10 trillion market cap. So other than that, I mean, you know, we're already seeing signs. So we're ready to enter the it's getting rid of the killer stage of the market right with this NFE selling for 69 million. But I think we still got somewhere to go. Dan Eve will it replace gold and silver and pawn shops who adopt Bitcoin next gold silver Bitcoin? Well, I think I think based on the fact that the big it's just it just the most fun at the moment really is the environmental thing. Let's face it now. It's all about the environment. It's like the baking the noodles or whatever the noodles of the F. So I think final boss is Greta Thurmburg. I reckon as if Greta's like I got a bag then and then you know that's the world's convinced that then Bitcoin's okay because even she's overcome the you know the good the bad green side. The one thing I did think was was quite cool about the the JP Morgan report was that I mean it didn't just kind of it didn't just go in there lightly. It did say like here's a few ways of of of market participants value can be a bit value and Bitcoin they're like what we're using the Metcast law you know 21,000 number based on the number of users. And then they went on to the gold valuation as one said and it's 540,000 and they're like the whole money supply while the narrow money supply 1.9 million. So they didn't just like go in there and say you should start thinking about maybe you know they kind of I think that was a real teaser that you know saying Bitcoin could go to 1.9 million. I mean that's you know it's a lot past what I'd known as a 38 times what it is now or something. I don't know the mass doesn't add up but yeah I don't know I think Greta final boss have a bag. It's very actionable too when they say the price could be anywhere from 20,000 to 1.9 million. It's like when I get information like that I'm like I know exactly what to do. Josh Shagala who will adopt Bitcoin next. I just want to add it doesn't shock me that the banks are doing this what shot what what really annoys me is that the banks say that they will offer their clients Bitcoin but they will not still on board Bitcoin companies. And this is this is sick. These guys are a bunch of us us wipes you know that's that's hard to say it like honestly. Banks. If you want to step into the game and grow this space and not just you know basically use it as a marketing tool and actually actually help revolutionize money then help businesses that are doing amazing work in this space by onboarding them. And then you can make the pot industry in the states not being able to bank and having to use all cash you know and being in a really dangerous spot very robber ball because they have to use paper cash. Actually they don't have to because they could use Bitcoin. Yeah so on on board on board businesses that's where I would take my hat off and say good on your bank. And there are some banks you know obviously Silicon Valley bank early early adopter very early to help Coinbase out took shares in fact of Coinbase to on board them and good on them for taking putting their license on the line to to you know help the thin tech space. You know fit into fintech is such a new industry like no one even heard the term fintech until Bitcoin was invented. There just hasn't been any financial technology for so long so by this coming out you know banks could really help move fintech across the line and push it further. And such an exciting space if you ran a bank why wouldn't you want to be part of this and and showcase yourself as as something that's very very innovative because it's definitely not innovative selling Bitcoin to high net worth individuals. Everyone knows fintech is for sharks I'm into fintech. Martin your thoughts who adopts Bitcoin next. That's a good one that's a very good bridge. I think well we'll first see that the silver's total market cap will be will be eaten by Bitcoin right now we're at one trillion silver's total market cap I believe is one and a half trillion dollars so we're already three quarters there. So that's the first step what Josh has with the banks the embracing Bitcoin is that you'll see different the pickups for banks picking up Bitcoin in different countries Germany is a good example for example is a good example whether over 600 smaller banks in the Netherlands there like five banks in Portugal here I don't I don't know how many not too much. But in Germany you'll find that many of those 600 banks are struggling they're not doing very great so they're looking for ways to modernize and what you see is that with the current regulations I hate the regulations but they require Bitcoin companies to partner with the bank reasoning behind it is that the German regulator says that Bitcoin is a financial product and as such. And users should expect the same level of service as they would from you know would get from a normal bank so you see that smaller players in Bitcoin space not really small players like Bitwala they teamed up with in this case Solaris bank and they now offer payment cards so you can swap your Bitcoin over for some some fiat and then use their cards to pay it so I think we'll see more and more partnerships there. But as Josh said some banks will be reluctant to do that in the Netherlands you want to see any any progress whatsoever at Portugal I don't know but I know for example in Germany I expect lots of things happening there because as I said there's so many banks and within 20 years most of those banks won't exist any longer especially if they don't you know keep up with their FinTech meaning Bitcoin. I hear a lot about banks and the states and other countries but why not organized religion they say give unto Caesar that which is Caesar's and give unto God something good like Bitcoin why can't you tie it by just clicking a QR code we could hand around an empty basket everyone can anonymously donate as much Bitcoin as they want to God. Thomas Thomas I don't understand you said the religion we already have a religion it's the Church of Nakamoto so I why would I why wouldn't need another religion if I already have Bitcoin. I don't know and you can always practice your religion right here by shocking Ben. Let's see if we can practice right now by sending a transaction the Holy right of the religion of Satoshi. Oh it works that's it that's how you know it's a good religion it works moving on. Did you know the World Crypto Network has its own audio podcast and it was updated almost every day this week. Subscribe to the World Crypto Network audio podcast on Apple iTunes and Spotify and all kinds of other places where podcasts are heard and be sure to subscribe to this YouTube as well. Also check out shop.worldcryptonetwork.com where you can get the amazing new Trezzers don't float t-shirt or the HAL Vinny mug celebrate Bitcoin heroes with the HAL Vinny. Moving on to issue three why Bill Gates is worried about Bitcoin it's time for Bill Gates is third act he's been Bill Gates that don't copy that floppy guy Bill Gates who bought basic from IBM and sold it to other country companies Bill Gates who created the idea of software licenses something that you buy but you don't own. And now Bill Gates is going to save the world once more from Bitcoin Bitcoin uses lots of energy Bill Gates is out to save the world will be Bill Gates begin a new campaign against Bitcoin Dan Eve. Well I was going to start off really really negative but I'm going to start on a positive and I think that article specifically said after all the the doom in glue it did mention that Bill Gates left the door open to having his mind changed he told Andrew. The interviewer person if it's green electricity and it's not crowding out other uses eventually you know maybe that's okay and I think that's quite positive considering how how much press has been given to the negative side of things and how you know he has obviously said quite a lot negative things about Bitcoin in the past but the fact is that you know if it's not consuming energy if it's consuming excess energy and that's kind of provable. Where a lot of studies are showing that maybe not the more kind of negative studies which they kind of leave out a data here and there but it does make sense logically if the most cheapest electricity is excess electricity from from a grid then why you know it sounds like you know that that could be powering a lot of Bitcoin and if that's the case then it's it's funding renewables and therefore more money into general renewables plus there's the in that article it mentions about jack Dorsey donating 10 million to the market. So I think that's really good to clean energy clean Bitcoin mining and I think that there as these companies want to break in to Bitcoin and come out of the Bitcoin closet they're probably going to have to do so with some sort of carbon credits type situation going on so saying okay well you know for the people that do believe that Bitcoin is so bad for the environment we're willing to plant a trillion trees to counter that so I think that it's going to actually spur on quite a lot of innovation and actually that's the competition within the within the energy sector space as well as well as the actual miners you know proving that they're green miners and that's going to be a new kind of thing. Josh a gola. The amount of time I lost by not saving and then having a blue screen of death pop up still aggravates me still still haunts me bill wears my money bill also my you know chiropractic bills bill what about all those years of staring at a screen. I don't know I feel come on I don't know good or bad I don't know i'm not I'm not a fan anymore I think he's yeah I don't know. It's nice to be work to be lectured on energy use from the guy that included solitaire on all those computers and wasted not only energy but time the guy who included screen savers on all those computers instead of just having them turn off the guy who included background images on all of those computers instead of just having black screens we could have saved so much money bill to save the environment. Yeah what about like you know deep automatically defragging your drives so it doesn't sit there going the whole time little things like that. All of it bills fault one goal your thoughts on bill gate and is possible new campaign. I just have to say that I am so grateful to the AI gods that we have such a brilliant wonderful good looking polymath like bill gates saving us from ourselves this guy is not only a king among nerds he is a barely a medical expert and virologist he is a climate analyst and expert scientist. And also economist apparently is also an economist and also understand profoundly the proof of work industry of bitcoin and and it's use of energy compared to other industries like banking and so on so i'm just very grateful that we have bill gates i'm part of the bill gates called. If he comes i will keep his his his feet and okay i might have to bark now but anyway just a heads up i got like six percent battery left so this might be my last I have one around left i hopefully will be asked comedic of this one. I know how all that but bill gates does read a lot of books you got to give him credit for that martin your thoughts on bill gates i've been told he he died like somewhere in 95 and this bill gates is actually a hologram so don't trust the hologram it's all a distraction they're trying to inject you with microtry of chips don't fall for it don't resist don't listen to anything the hologram tells you to do. Exit question forced yes or no question will bill gates next campaign be anti bitcoin now i mean a whole thing like he goes on every talk show he's the odd on top of that i don't have myself bill yet let me have myself. We wait in with those exit questions now come on now. Okay it's alright but i said you're good that below where that below where burn a lot of energy in a time when we didn't have green energy so I think there's a bit of guilt going on there to be fair bill if you look. Once part of time bill really quite like bitcoin of the content of bitcoin and here's a bright man but yeah it just like one said it's that that cult of the entrepreneur that you can have this hero who saves us from all these things is. And there's an expert in all these disciplines like he has a very bright mind has got a lot of funds and resources and he can do a lot of good with this money and he is in the position to lobby miners which is good but he's not the ultimate authority on bitcoin and as we know incentivize as renewables which is great. And we can lobby these miners the big physical organization and you know as well as that we put the. The both the best way to improve efficiency in bitcoin is to increase the the throughput in a transaction so it includes so much more data which is what we're going to do a tap through what we're doing with second layers so it's not just a vulgar me sending value from meter to you Thomas that you know carbon can be used for sending a lot of information a lot of data. So potentially thousands and thousands of transactions that's the best way to make bitcoin more efficient. I think vulgar is this mode in zoom that allows me to pin that other camera right next to you so that people can send this. That's cool but moving on forced exit question yes or no is this bill gates is next campaign martin. Yes crypto raptor. I think he's going to you turn he's going to someone's going to add him to that telegram group and he's going to be like musk sailor yo let's look at moon this year. One goal. Yeah I got a battery. Wow I think that I think it could go either way I think he could definitely pivot or he could he could probably launch like Microsoft coin you know extra soft. Yeah he could go either way he has definitely he definitely wanted to save the world from everything and everyone so I could see him doing it. Josh a gola. You're muted he'll probably yeah I mean I would like to see Microsoft coin I think I was playing with the idea a little while ago anyway. Not I don't know how much say he's got left in Microsoft but he yeah he something needs to give go I bill innovate. Ben arc. It's like an apparition moving behind you that Josh is kind of scary. He's been pulled in so he did originally like Bitcoin which would be quite favorite be about and quote quote blockchain. And now he has to he's now you know taking the stage just the environmentalist attacking Bitcoin so you will have to pay more attention to Bitcoin and you have to start reading up some of the tech stuff which will obviously interest him because he's a dog and he'll get pulled in and he'll become a Bitcoiner and just become like a real environmental. A web. He's there for you all. I agree with Ben I want to give Bill G the benefit of the doubt here I think he's on the wrong path right now he'll turn it around he'll also understand the value of being on a positive campaign rather than a negative campaign it's better to be Elon Musk or Jeff Bezos leading us to the stars then Bill Gates worrying about the energy bill. Moving on to issue four. Bitcoin tops $1 trillion in value again as the cryptocurrencies price jumps. Bitcoin's value surpassed $1 trillion in mid-morning trade Singapore time it's only the second time that Bitcoin's value has surpassed $1 trillion after hitting that milestone on February 19th. It seems to mean everything to these business people what's the big deal why is it so important that Bitcoin's value tops $1 trillion one gold. Yeah as we said earlier it gave said massive credibility it turns it from penny stock to a unicorn you know or like not even a unicorn it's like a double horned unicorn. It's a wall risk like those you find in the North Pole and so on you know it's it it makes it a heavy weight and that breeds confidence you know there's a lot of people that are not going to buy it when it's cheap and profitable they're going to buy it they're going to buy the top or they're going to buy the middle range and that's just the way that people are so. Yeah I mean it probably it probably look at it like like it's a it's a milestone of of lower risk of entry. Josh she got. Sorry. Just. Yeah what was the question sorry I was distracted by it coin is $1 trillion is this a big deal. Oh yeah right yeah of course it is it's epic I often ask myself where is the moon you know where where is the moon are we already on the moon are we heading to the next the the moons of Venus. Which moon which moon are we talking about when you say the moon so that's that's that's the question I a trillion is an amazingly huge number and most people can't comprehend a trillion I guess the the Venice waylands can a little bit more the most but yeah trillion is a very very very very big number I've said it before on the show to compare. You have a million seconds which is 11 days you have a billion seconds is 32 years and a trillion seconds is 32 thousand years so think about that when you think about how big Bitcoin is now a trillion seconds is 32 thousand years whereas a million seconds is 11 days. Put that in your pipe and smoke it Ben. Dan Eve can I borrow a trillion seconds from you. It's a huge number isn't it I think that's it it's the big it's like a big marker you know it's like all the round numbers I think we've had it kind of hit resistance in different in different countries where the round number of that country has been reached and maybe like that let's push it over but but one trillion kind of really put it onto the radar because it went from kind of I don't think it went from fantasy to oh it's a you know it's a it's a real big competitor now to a lot of the companies there was a lot of focus what year or two ago or two three years ago I've lost track of time with covid but you know when Apple and co-star hitting a trillion and there was all the big who are about that and so when Bitcoin hit it we have the same who are except this is Bitcoin this is decentralized there's no there's no company behind it this is the people it's the people P2P that have that have taken it there with with Moon talk and that stuff but the thing that concerns me is I'm not really I'm not really a trading person because I'm pretty bad at that I'd never I'd never published my trading stats that's for sure isn't there like a double top thing like I'm worried that we're not going over that 58 300 and that you know and you know so come on buy some please because I was hoping to rest to continue to September so like Harry on buying that's not financial advice by anything Bitcoin is particularly good to buy though. Good to buy. I think the slapper stop but the smoke has been fun. Is this the slap on not working? Ben, are your thoughts on a one trillion dollars? Does it mean a lot to you? Yeah I mean it's you know it's it's going to go up and we were it's clear skies above now we've broken all time high we did it pretty easy. There's nothing stopping us continuing our center was I was kind of scared of wild back that maybe it was like that perfect storm of foam out with all the other stuff and there we were two for a bit of a correction but it just seems to be so short lived there's so much interest when we've picked money players like the jakey Morgan story so it's going up baby to go not and what was the original target we talked about months ago six months ago is it what 203 203 K is it eventually 203 thousand dollars one Bitcoin equals one Bitcoin. No I don't say that. That's the target I think we've got a good chance at it. Martian Wismer your thoughts a trillion big deal. I think it's enormous it's it's it's a fantastic deal big super big deal a reason being Bitcoin has been the top performing asset for the past 10 years or so. It's already eaten like two thirds out of silver total market cap so we'll see Bitcoin taking over silver next. I think it we will continue to see rising Bitcoin prices another thing why this trillion dollar market cap is so important is before that. That wasn't just not enough liquidity in the markets to justify pension funds and stuff investing into Bitcoin and how did you see that it's a trillion dollar market there's definitely enough money there and a liquidity in the in Bitcoin so that means that every hedge fund manager and every pension fund a ministry. We'll have to have we'll have to consider something about you know what do they think about Bitcoin whether they like it or not they have to have an opinion on it and before they could just laugh it away and say oh it's red poison squared you know old man yelling at TV but now now they can't do that anymore they have to take it seriously and it's it's good you know we've been working hard on this. We've been building an industry for the past 10 years and now it's our time to shine so yeah good on you Bitcoin you deserve it. Trying to get one more on the band because he's got his mic open. One thing one thing that I want to say is that really this this stimulus bill that the Americans are about to get rained on them get air dropped onto them is even if 5% goes into stocks and Bitcoin which is probably a very low low-ball number that's still billions of dollars going into Bitcoin so it's only going up and the interesting thing with the liquidity that Martin said is that you know these billionaires are coming in they're buying up for the long term so I don't know if it's adding more liquidity or taking it away because there's less actual physical value. Bitcoin people forget that this isn't this isn't something that can more can be made of course there's infinite Satoshi's down the other end there's after the decimal points you can keep on going keep on going side. So yeah there's literally infinite cash at the Federal Reserve so and if that flows in you know the big game that people have accused Tether of is creating Tether and buying real Bitcoin with it you can just create it because people will accept it as one to one to the dollar and they could buy it. So if you buy Bitcoin with it if governments just print this money out of thin air and go and buy Bitcoin with it that's that's the next level of of grabbing whatever they can because they can create this thing for free and grab something that's actually got value. So yeah let's let's follow Josh that direction for the exit question if one trillion dollars is good what about 1.9 trillion dollars is the US government stimulus good for Bitcoin one gold. Well the big problem is that since they're you know they're doing this lockdowns and basically screwing the small businesses and just inflating big corporate business then the economy is in trouble right and so you shrink the economy and you add a bunch of supply to the currency you're going to see inflation inflation is going to raise prices. You know with more prices yeah people might have a little bit of extra spending money but it's not a lot of money. In Canadians have been air dropping $2,000 a month and people for a year now $1,200 is nothing. So I mean it's too little too late and the wrong direction and most of it is going to go to all kinds of crazy causes like most of it is not going to reach American citizens. So like it's not going to reach civilians so it is just another big sham and I don't know man I mean yeah a lot of the redditers probably going to go and you know put it into GME and you know price chip points and hopefully they'll grab a little bag of Bitcoin too. Ben arc $2 trillion. I like what Josh said and I think it's very true as Bitcoin goes up and down and up and down and up and down but generally goes up the people who stay in Bitcoin are hard to the bedrock and then you have the sort of thinner instead of slice of it is people trading Bitcoin and these big money managers they have to have diamond hands in order to justify the amount of money which they paid into Bitcoin. As and with you know a high risk asset is something which you know you kind of hang on to and big tool 3% of your portfolio and then you just kind of leave there and let it you're not worried that if it's not it's it's it's it's it's it's it's unlikely to go really high because the payoff is so big if it does go high so you can just kind of keep this a high risk asset so. It will most certainly one trillion is nothing we we talk about Bitcoin being used for a store of value or medium exchange or whatever but it's got so many uses and so many use cases that yeah. For it to be a trillion now just mean it's very positive for its future valuation. Dan Eve can I offer you a stimulus package. I think the big green ding dong is a bit of stimulus itself isn't it on the on the Bitcoin chart of the recent months as it were you wouldn't want that monster controlled by some some lightning channel and. But no I think what was was called the other day was that I saw and being was floating around that if you'd taken your $1200 stimulus check it would be $12000 now whatever whatever it is and I think that's probably a big wake up call for the people that didn't put their money into Bitcoin first of all and by June 11 2020 as an article I'm reading somewhere on some some internet site that's roughly yeah I've seen this information before it's so the. Around 10 trillion by by mid June 2020 was was it was stimulus printed so if you think about that's just that's global so you think about you know how much of that money is slowly seeping its way in for the people that didn't automatically put it in straight away and start stacking stats the people that sat there and well I thought well I'll hold my money because just in case the COVID situation gets worse they're probably something thinking now. Well Bitcoin could go to 1.9 million because I got a fake copy and I think I got afforded a copy of the JP Morgan report that went to a millionaire so you know I think all of that that information is going to trickle down and if you think about the FOMO aspect of it as well you know that there's a report going out to just the exclusive 10 million plus club that's saying Bitcoin could you know move to 1.9 million so that information is it's you know it's it went to the 10 million club first of all but it's now public as we've seen in various articles. And as that information trickles down people are going to be sat there going screw this again on the the on the Bitcoin train when the next check comes so now I'm pretty I think I'm pretty positive about the situation I think there's going to be a bit a bit of another boost coming soon. Are seeing anything positive to say about government stimulus other than the fact that I read it in a newspaper that the bitcoins going to 1.9 million dollars. Well many people they just took their first stimulus check and they put it in the nearest Bitcoin ATM and in November that twelve hundred dollar already balloons to three thousand dollars. Then then in February that twelve hundred dollar became nine thousand dollars so you don't really have to be a genius in math to figure out that if you don't really need that that stimulus check that you might get a better return if you put it into Bitcoin and even without those stimulus checks. There's this analyst plan B is like amazing he's been predicting all this this stock to flow patterns and I'm not a really into technical analysis and weird graphs and all chasing green candles but he predicted in 2021 sorry 2020 12 that the Bitcoin would be twenty six thousand dollars actually it was already that in a month before in June in November. And he also predicted that there will be a fifty thousand dollars Bitcoin in December of this year coming but we're already there and the same guy predicts that eighty four thousand dollars at in June so I suspect that we will continue to see Bitcoin go up. The government stimulus or not it will only accelerate it it's just Bitcoin just eats it all and I think people realize now they have to get at least some Bitcoin you know I hope Bitcoin might be a lot but put the stimulus check in some touches and it might pay for the kids college fund. The government spending may recharge the economy and be one of the greatest things that ever happened before we lose you one gold tell us what's going on in your world and maybe your thoughts on NFT before your battery dies go ahead one. Thanks Thomas yeah so I'll be going to to Miami April twenty first twenty third I'll be going with the your own vault calm my consulting company to teach the art of the hotel workshop doing a couple of presentations sort of a newcomer presentation and an advanced one so it's going to be a good time looks like Miami's open so if you dare come out and play it's going to be a good time. And it's kind of like a very workshop oriented sort of education oriented conference called X crypto or the Miami crypto experience look it up you can find it on my social media so yeah that's happening soon I'm really excited about that and I mean I'm they're going to have some NFC stuff some Bitcoin stuff some crypto stuff so it's a very sort of general big conference and I mean as far as an if these go you know I'm you know I'm still I still got a bag of epic cash cards that I'm hoping will someday be worth something and I'm going to be going to be a big deal. And on that note that John Bill are the co founder of a epic cash which was basically one of the earliest NFTs there like this guy's repiners in the industry John Vajar just died of a heart attack a few days ago so you know say my best regards to his family it's really really sad he was a really good guy I interview the mages ago in Colombia and yeah he will be missed he was a pioneer but I mean NFTs you know I think I don't know what to say sixty nine million. It's madness it's I think you know we might we might see more than that but it's just madness I was speechless. Thanks guys indeed a pioneer I only wish Theo was here thanks so much one and check out the X crypto conference one's going to do a workshop there moving on to issue five NFTs as one alluded to an NFT has sold for sixty nine million. Non fungible tokens and blockchain technology are taking the mainstream art world by storm fetching huge prices they've made their own platforms they've printed their own tokens and now they're selling products for millions of dollars there's nothing to see here it's great for artists and it's even better for investors in these strange art products. Let's go to Ben arc first Ben arc can I sell you an NFT would you buy one. I feel like a an old dude confused in this two Lally world where there's these things which are being sold for sixty nine million dollars and it doesn't even exist it's like a digital thing one of the beauties of digital stuff as you can easily replicate it which is why we've got access to so many more resources and we used to have access to. But with that you do have the trade off of not having guests in scarcity is very important in our material world so it makes sense that we bring that into our digital realm as well. It feels very much like the NFTs are coming in the you know just like the dot com bubble there's crazy money being thrown around and people are really excited and all sorts of goofy ways maybe just trying to make a quick buck and just get on the you know off the back of it but ultimately there's a lot of money. Ultimately that that it is a useful technology and just like dot com like you know ten years from now will all be using NFTs I mean computer games and people have possessions which they value and they know you know is there and scarce and online but at the moment with that weird dot com stage where it you have these crazy prices and nothing seems to make sense and it's all very it's all very confusing. But yeah I don't know if anyone remembers that the game Ultramar Online is an MMR RPG the first one I think online and in it I got this horse for the nightmare horse and the nightmare horse was really hard to get. I used to ride around on my nightmare horse and people would look at me and they'd be like well that guy's a badass he's got this horse which is really hard to get in the game in the horse because like you could kill people with it is great. And then all of a sudden they made these horses really like you know they just increase the supply of horses and it's just kind of upset me that this horse was no longer worth anything but my account wasn't worth anything either they made it less gas and I still live with that sadness and bitterness and regrets so hopefully these NFTs things will stop future generations of dog feeling that kind of regrets so there will be there will be there will be some useful things to come out of the Sanfti revolution but for now. Just craziness. You got to say spoiler alert first then you can't tell them about how they're going to print more of the digital horses and it's going to ruin their investment and how they're all going to be sad and how at first they were riding around on their NFT and it was amazing and it was worth 69 million and then it just went like less and less and less and less. So that's the point though that they they can't I mean I don't know I don't know but that isn't the point that they can't just make more of them that don't need to do some do some think to make sure that the point is that the people investing don't understand it and that there's no there's no lock that this key fits into so yes you can't make more of that exact key but you could make lots of other keys or slightly different horses slightly different horses actually the same horse martine wish mayor can I buy you an NFT. Well, I bought some artworks in the past that are registered on the blockchain but they're physical artworks and you know I had a very, very wide wall that just needed some decoration but the NFTs there's there's some brilliant artists out there with really nice artwork but what we see with the NFTs is that they're both the solution and they're the problem there's many art and there's a lot of work that's going to be done. And there the problem there's many artworks that have basically been digitized and copied and then sold as an NFT even though the original artist doesn't even know his own artwork is sold as an NFT so so even if you are owner of that NFT. You have to verify that it's a real artwork by that artist and it's not just somebody scanning in somebody else's picture selling it off as an NFT is their own and then you've got a fake NFT so in a way I'm not really I'm not really eager to just go and buy those NFTs but at general bites we're currently working on the project where artists can contact us they can join us on the on the mailing list. And then we send out or we contact them we make a curated selection of block chain or Bitcoin related art that we think is nice and we've almost sold like almost 7000 machines now so there will be 7000 video displays with art all over the world and I think we can help the art movement that way they don't necessarily have to be an NFT or anything but just NFTs for NFTs sake. Reminds me of crypto kitties by the way does anybody know what my crypto kitty is worth now. So expensive to how should you publish your buy for how much do you buy a cookie for I don't know I just wanted to have a bloody crypto kitty and I don't even know where it is so I think I just waste lost you've lost that you've lost your cookie. I am shocked that people are selling JPEGs they don't own Josh Shagalli your thoughts. Yeah no this is a really good point about people just tokenizing whatever they find on the internet and having fun with that but there is a huge huge massive massive collapse coming soon in the NFT world. And please please please be careful folks this is a massive hype now when it comes to something like 69 million dollars spent for the high end art world for those that don't know folks is basically money laundry. The whole thing of art the main the main killer app for art is is laundering money is you get an unknown artist you buy a whole bunch of their paintings and then you make them famous and then you have all of a sudden all this wealth that you've cleaned and there's all sorts of ways of of using art to learn the money. And if you're an artist it's definitely worth your time figuring out how to do that because that's how some of these big artists become very wealthy is that they help people that want to clean money take black money and turn it to white money. And so it's a joke to think that the small normal artist will ever make anything good out of this. I think there is something to say about like collector cards they've always had value in a weird way like like magic the gathering gathering or a baseball cards of the original collectible card and there's you know the NBA decided to take instead of stills. They do little clips of videos that you can buy as NFTs and then people that are basketball mad will be like trying to collect them all of of one season of Jordan slam dunks or whatever. So you know it's definitely an interesting space the funny it's not funny it's kind of unfortunate I was telling a few of my artists friends back in 2014 13 15 all the way along I took a nice your art you know like take a picture of it then then hash it into the blockchain and and something deal there's something there. And they never did it and and now but there are really good projects Adam B. Levine of let's talk Bitcoin he pretty much invented the term token. He was the one I first would hear talking about tokens tokenization and he his project token.fm is really, really interesting it is for artists recording artists is like a Spotify. And instead of instead of paying you know Spotify you actually paying the artists directly and the artists can have an NFT on there to which becomes a key to basically unlock behind behind stage star for extra artwork for for their fans and stuff like that so really, really cool stuff token.fm check it out. I'm built with Bitcoin I think it's counterparty so you know there's some really interesting interesting work that Adam B. Levine's done and and yeah I think that that's very very interesting the other space I really like an fts for is in game items. There's a big use case there of being able to collect your character and walk from game to game and keep the keep those assets and be able to and every time there's a secondary second market transaction that the game. Developers still get to cut without having to give it to steam or these these app stores for games which are pretty parasitic and centralization centralizing force as well as a censorship force. Not that there's too much censorship in gaming but yeah it's it's an interesting interesting world i'm not saying money laundering is good or anything by this stuff I said before i'm just saying that that's the reality of a lot of high and art is that it's purely a mechanism for laundering money. Dan can I get you a token maybe you could do your laundry. I look at it for me like the hardest thing for for me was convincing people into getting to Bitcoin was convincing them that it existed and it wasn't just you know it's something that was out of thin air and you know there's all this discussion knows has been about the intrinsic value of Bitcoin and what gives it value and. You can you used to be calculations on how much the mining cost was and I think that's originally what Satoshi based on wasn't it kind of said you know it cost the so I'm talking about electricity cost and. I think there's a there's a use for it this but you know I think a lot of a lot of art you know crazy a lot of it's amazing a lot of this beautiful a lot of it's like odd and I wouldn't buy it but it's a preference thing it's one person's trash is another person's treasure and and it's the same is you know the same with music is the same. I'm not giving me anything that you have a preference for that yeah why like avocados you don't like avocados cool I'll pay for an avocado and then there's an avocado market because even though that yes some people don't like them there's there's still people that do so I'm kind of game for it I think is I think it's a cool idea and what I want to do I'm going to tokenize I'm going to tokenize the crypto rap at some point when I figure out how Ethereum fees go down or maybe you can do on Binance channel that's double blast from the. Yeah I don't know but fucking good to do something exit question will the NFT investors be successful yes or no martin. I think well the thing is with art if you have to ask yourself is this art then usually you can consider it. So yes some might be successful and you know even if it's not you still have a nice Rt Rt image which you can be monoval with a projector so if you like it if you like the art I'd say go for it but yeah don't don't expect to sell it for even more in the short run. Josh a gola are you buying now. Yeah. You're buying NFTs right now. No I'm not buying NFTs I'm waiting for certain use cases I'm not I'm not buying NFTs I'm staying. And Arck are you buying NFTs. I think crypto rap does one like that needs to happen why has not happened already. But it's very bubbly at the moment actual art has you know an ROI return investment you get to look at it on your wall this and sometimes it's the best kind of return investments if he's a soul and in the future then you know if it's a whenever I've spoke to actual you know. People with art galleries and that's what the best piece of art is to invest in they say we'll just buy something you like you know and then you likely there's going to be people out there who also like as well and also you've got something which you enjoy looking at and there I have seen some pictures which you know I've wanted to go that extra mile to own on a wall and just look at because it's the beautiful the gorgeous I can't imagine getting that same feeling from. Something on the computer just you know for me it doesn't work this doesn't work as well is not my material world is just in that digital world but I do think NFTs like particularly in gaming stuff has has a lot of way to go. So yeah I mean so like half any wrote this game with Mattel the bench to tron and in it tron he has to jump along in a digital world and collect tokens. Why is he collecting those tokens if there's loads of them why do you want to collect them this guess so he has NFTs so you know how many was thinking about this back at Mattel 1982 when you wrote this game likes you know upon a table chair back and you're thinking about scarcity and the digital world and different types of tokens and here we are. Yeah that's the interesting thing is why would you want to spend your precious fungible tokens for one non fungible token. Yeah see a point. Let's see do we do we go to everybody I think it's time for the magic eight ball will be investors in NFTs make lots of money. You may rely on it. Should have asked if they lose their money better deal let's move on to the next issue all were out of issues let's see if anyone sent us any messages to read on tally coin using the lightning network remember you can donate now you just select two dollars or whatever you'd like to say you can type it in. And then you just click lightning and we can also shock benefit more times but everyone needs to get ready with their lightning wallet for the show. You might need to upgrade it to see if that's the eight gig model you've got to get the 16 because I can't even open Photoshop with the eight gig and one Mac it's awful. Yeah copying and pasting it even crashed on now as well. So there's not a fam yeah. Do often they'll buy such okay so you can type it in slapping Ben was so much fun so much smoke the new South Park. Yeah it was all right I liked it was a fantastic pandemic special is the vaccine special so that's about it all we have issue six it just keeps going Bitcoin could prevent society from functioning and is an extreme form of libertarian anarchism. And then there's this fund manager Tim Bond portfolio manager at O day asset management begin believes Bitcoin could prevent society from functioning in an efficient and ethical matter Josh segala is Bitcoin going to destroy society as we know it bonus issue for the end of the show. Yeah let's hope so don't worry folks nothing's under control. That's what we paid Bitcoin for right then our little Bitcoin destroy everything. Yeah that's yeah that's why we're here because it can all be a lot better and I'm not sure the alternative he's proposing but we need to take the power away from that one percent and just the best way to do it so whatever. I'm surprised he's not getting on board with it you know get the memo. Martin you're not Bitcoin being the destroyer of all things. Well it's a old money guy telling that new money saying that new money will destroy the world but you know it's similar to the origins of the internet the internet at first people said well the internet will destroy the world because now everybody can start a radio station and it's no longer just state radio. We still have state radio but we also have the world crypto network which is free and you know we can share it and everybody can join and this is the same with money the internet took away the monopoly of information away from governments and Bitcoin removes the monopoly of money printing from those same governments so they just have to watch their spending a bit better. And then all will be okay but I think it's good it's it's people money money by the people for the people so yeah Bitcoin will totally destroy the old banking system but for the better in my opinion. Dan Eve is Bitcoin going to ruin all the things. I'm going to take a slightly different angle to this and the legal approach that usually the prosecution or whatever do with the witnesses like destroy their credibility so I'm going to say who cares about Oday because they're currently in a rebranding because unfortunately crispy no day has got indecent assault sexual assault charges against one of his staff so who gives a shit about what any of their company says because they're not they're going to be not called Oday for long by the sounds of it. All right I think I think we've sent enough smoke and slaps at Ben for today but I call that. I'll take it to Ben for building this little thing Ben why don't you tell people again how this works go really slow you say okay I'll go I'll go really slow but 50. I like what I love about us lot we're all in a technology which is on the forefront doing new things and in this show for the first ever time in history in the universe somebody sent a transaction through the computer through the screen anonymously for a small amount you can't even do on visa network is so such a small amount to trigger. A physical device you know on the other side of the world to attack somebody and slap them or blow smoke in their face so this is a first ever you know for we first ever time in history somebody's I don't know sent a private transaction through the internet to slap someone in the face or you know through the internet so blow smoke in their face first time ever in history it's great. And you know thank you audience for joining us on that journey if you want to build your own versions of this I can't squeeze out because I wanted to be on my phone at most of our computer messing about hacking away but if you are if you're interested in building your own device which can be triggered by sending a lightning transaction a Bitcoin transaction. Then if you go to my Twitter Benark you'll be able to find a look for the Ellen URL trigger post or if you go on my GitHub which is a PC look for the Ellen URL trigger project on there it's a very simple device like four pounds to make on a with it you can just plug it into any anything which turns on for a period of time. And then get it's put on for a period of time when someone pays a pace and Bitcoin it's using Ellen URL which is great because it means we have a static your code as opposed to have to constantly generate invoices because as we all know as much we love lightning the UX kind of sucks when you have to keep have a screen for a device just to you know if we were doing this on on vanilla lightning we would have to have a new invoice for repayment and that was suck so Ellen URL gets around that. As a sort of standard for wallets to do get a post requests for invoices if you go on the Ellen bits Ellen bits.com and then you look you running Ellen bits yourself if you got on brawl or blitz and Raspberry Blitz and we can just run it yourself quite easily just you know if you go into the Ellen bits repose pretty easy to to install on the server or install on your computer. You can connect it to a funding source and then one of the great things about them bits as all these little extensions where you can do all these things like mint Allen URLs you can you know make points to sell for shops shops so fact while I'm on that topic for Jeff just made new extension which is great and it's called offline shop so think of a market stall users and your own pay and what's great about it is. I don't know if people would be noticing but when you pay to slap me or pay to close smoke in my face it sends a little success message saying thank you for slapping Ben thank you for blowing smoke and Ben face well the offline shop extension you can have a static you are code for a product in your market stall someone pays they get right they get a word okay and if that word is part of the word list you set you preset in the offline shop extension then you can confirm that that's not going to be a good thing. Payment is a legitimate payment to you so you can receive Bitcoin payments without having to have any internet connection or anything and you can verify validate it's probably was waste a hack round it but it's good enough for kind of a market stall kind of scenario you can verify payment by the person who's made the payment receiving this this word which they can they can say to you. And then the words you kind of scrolls around the word list of someone comes as the same word to you be like another person before that already said that word so I know it's going to be the next word on this word list I pre did so yeah so it sounds very complicated it's not complicated go on a little bit some little play round dick about you can go on a bits.com don't point your liquidity on there maybe just put a few certain she's on there then take them off because if not then eventually one day I'll just run away with all your funds. And where can people follow you on Twitter? ARC BTC is it ARC BTC now? It is a ARC I don't know what direction it was so I was going to ask you. I mean I used to be BTC BTC Socialist but I was a bit controversial. It was a lot of talking of triggering or libertarians out there but I think I changed it because like my projects weren't again enough coverage and they're more important than my silly political views. ARC BTC ARC BTC if you go on there then you can like yeah I'll do some tutorials actually for this crap particularly this slacking machine because it's great let's have a little one last little look at the old slacking machine. So this is the slacking machine it's a 12 volt battery with a this is a motor from a a windscreen a car windscreen connect salitate to the 12 volt battery with a relay that if you can see it there's the relay. Okay and then the relay is put into an SB 32 so that's like four pounds you know those two little devices there and then that's just waiting for payments on them and then when it receives a payment slash me in the face. It's never ending comedy. But there's lots of as there was said before there's lots of applications I'll let you mind when wild but there's a hell of a lot of applications people being able to make payments on a screen and then have something happen somebody. Martin prediction or story of the week go ahead. We almost sold 7000 machines so I think that was our big news yeah 7000 that's a lot so yeah it being completely focused on that and there's some some new developments I can't I can't tell you yet or I can't tell you but I can't tell in the show yet but for me 7000 is the big milestone coming. I think in a two day time we'll have 7000 sold yes. 7000 Bitcoin ATM's fantastic a Josh she gola prediction or story of the week go ahead. Yeah well I thought I'd just show you guys quickly this the the the new way of Valtteri direct on Valtteri just quickly if you can see the screen. If you want to buy a trade between gold silver here we have some Bitcoin we've got three grand Bitcoin nine grand of gold and thinking all right my trade my gold back to Bitcoin so click over to Valtteri direct I'll hit I want to buy Bitcoin with my gold on a sell you know 50 grams of gold 0.50 of a kilo. I'll go that's half a kilo and hit go you get all the prices confirm and there I've got more Bitcoin so I've just sold gold back for Bitcoin and yeah so that's that's that and it's it's just such a nice way of bank independently. I'm not getting not not going back to fear you know hedging massive price spikes in Bitcoin if you think you're at the top going to fully allocated gold it's fully insured and audited sitting in a high security vault vault in Switzerland vaulted by Brinks and and yeah insured by Helvet's here so there's it's just it's just such a nice thing I'm really proud of the team what we've done there what you can also get silver and trade back and forth the silver and stuff like that as well so yeah check it out pretty proud of it and also a bunch of other new features coming really soon which we're working hard to do. Very cool you can try that out at vaultoro.com Dan Eve prediction or story of the week. There's literally nothing interesting going on in my life or worth looking at right now in terms of yeah I know maybe maybe go and just do some research on Bitcoin just like just just go and go look at just Bitcoin stuff I don't know do do something like that productive yeah. Like this show like watch it like slapping likes as well as Ben on on the show. I'm gonna watch all the time just like watch it over and over again get a second computer and like watch it over and over again and just you know really dedicate yourself that also spam that like button go ahead and hit it and you can also scan these QR codes to send smoke or slap in. That's pretty fun to my to that one more time before we go I have news I've been hanging out with everybody on a on a Twitter faces this week so we're gonna be trying it out the combo combo yeah that's multiple people working together because I can't quite but uh yeah we're gonna try out doing some live talk radio this weekend so if you're around Saturday and Sunday we're gonna be on Twitter spaces it's kind of like clubhouse but for Twitter it's an odd. Twitter it's an audio only chat all you need is an Android or an iPhone and the latest version of the Twitter apps you might have to upgrade update your Twitter app and what are we going to be doing oh well I got me one of these computers in a bag look at that they say there's a computer in there I think it's just a plastic bag full of stuff but we're gonna try to build a Bitcoin lightning full node. Cool and got a hard drive it's an SSD even nice it's really light I don't think you put a whole hard drive in there but um we'll see plugs into some other thing I'm gonna put it all together we're gonna follow BTC sessions instructions we bought the stuff on his list so shout out to BTC sessions great YouTube channel he's got a fantastic video on this and we're just gonna follow that and take suggestions from the crowd and see if we can build a Bitcoin from the Amazon. Full node so that's our exciting plans for the weekend it's not quite as good as bone smoke at Ben or are slapping him with a machine I do that one more time but thanks to everybody for watching. Yeah please please share this amazing technology on on your Twitter's let people know yeah tell Reddit and stuff they've got a slapping machine on the Bitcoin group I don't know if we'll have one ever but I guess fun right now for Ben taking it in the thing. I think we all we all need something to happen to I might build a few Thomas is one of those boxing gloves on the spring just just comes on it's your thing. Oh again Ben wants to do this to everyone else but he hasn't figured out he's the only one that he was second away from taking electrical shocks so yeah it was at that part I'm glad that didn't work. Yeah yeah same I think I think that is what Bill Gates can rile against because that is a huge waste of electricity. I had it working as well but it just like the device I've got was just powering off because he couldn't because when it when the relay's not on it it couldn't make a circuit so it's just as a safety feature is powering off so I need to. Small by. I was going to drill a hole into my head it's a good idea that would have worked if you hadn't stopped me so. But thanks so much everybody for watching we're going to go and end the show it was pretty long we had a lot of people today so it always goes longer but be sure to give us a thumbs up subscribe down below tune in live next week to shock Ben with more stuff it'll be fun so thanks so much for joining us until next time. Bye bye.