The Bitcoin Group, the American original. For over the last 10 seconds, the sharpest Satoshi's, the best bitcoins, the hardest cryptocurrency talk. We'd like to welcome our panelists, Martin Wismer from General Bites. Welcome, guys. Alejandro De La Torre from Pulin. Adio. Dan Eve, the crypto raptor. Rado, Rado, Rado. Josh Chicala from Valtoro. Well, howdy there, folks. And I'm Thomas Hunt from the World Crypto Network, moving on to issue one. Issue one as much as $365 billion with a B dollars wiped off cryptocurrency market after Tesla stops car purchases with Bitcoin. Tesla CEO Elon Musk tweeted that the electric vehicle maker would suspend car purchases using Bitcoin citing environmental concerns. As much as $365 billion was wiped off of the cryptocurrency market, although it did pair some losses Bitcoin, Ether and XRP are all sharply lower. Musk said that Tesla will not be selling any Bitcoin, huh? And intends to use it for transactions as soon as mining transitions to more sustainable energy. I suppose that's a question we'll start with right there. I've seen when will mining transition to more sustainable energy? Once green electricity is cheaper than excess coal coal, I'm not worried about Elon Musk to be honest. This is just a rinse and rave from madman. He says he's worried about the environment. I think he's really worried about his carbon credits to be honest. He gets lots of subsidies for building cars. It's not that he makes money building them. He just gets lots of subsidies. And since when is he concerned about the environment? Have you seen the smoke? Those rockets turn out. So I think there is more energy wasted with every launch, which will probably never reach Mars, but then all the bitcoins he mines. I think we should have gift-guided attention. It was nice while it lasted. Now it's by by Elon, just like we did in the past with other famous bitcoins, which no longer, well, they fell out of grace. So it's the same thing for Elon. I do advise people to cancel their cyber truck order because it's probably not going to be a good first model. Some have compared what Elon's doing to Roger Veer. What do you think, Martin? Would you go that far? I said I didn't name any names. I just said people that fell out of grace in the Bitcoin community. I don't want to like, for point fingers at that. Very good. Very good. Alejandro, what did you think about Elon's announcements? Pretty clear he doesn't do any research. Most clearly, that's exactly true. So a lot of the mining going on right now, I know since I run the second largest Bitcoin mining pool along with the team. Most of the mining that's occurring right now already uses green electricity, renewable electricity, mostly hydroelectric power plants. Jesus, there's for example, in Europe and Iceland, that's one of the largest mining places in the world. And it's a geothermal, 100% geothermal, so 100% renewable. China, almost 90% of all the mining right now is now in the Sichuan region because the rainy season has begun in China, so they're called a the great miner migration. And that's all being powered by hydroelectric power plant. 60% to 65% of the mining occurs in China, so already you see 60% to 65% of the mining from China's green at this very moment. And you got other places, North America, a lot of the mining occurs also in hydro. And there's also methane capturing methods such as in Texas, where instead of flaring the methane that is being generated by all the power plants, these very smart entrepreneurs are connecting machines that convert the methane gas into electricity to power Bitcoin mining. So that's a net zero gain that's that that's actually taken away carbon gases away from them from the environment from the ecosystem. So yeah, this is a very very I'm not too sure what the reason is, but it's not very well thought out for sure. Dan Eve, the crypto raptor, go ahead. Well, it's interesting that obviously he's you turned since you know, even as it end of April, mid April that Jack was treating about the square report with it was a square and arc invest that was saying that Bitcoin's actually quite a lot of its renewables and it's going to be a driver of the future that incentivizes renewable energy and Elon actually tweeted true about that. But so it's interesting to see him you turn, but I think the carbon credits is obviously a hot topic. He also recently tweeted, I think it was today actually tweeted, it's high time that there was a carbon tax. So he's probably in this this this camp that's like I can put rockets, but I can just pay for trees, you know, and it kind of counterbalances it, which you know, they're obviously got some money to gain from being a green company and doing the green thing, green shareholders, et cetera. And there's obviously a lot of, you know, in the news, there's always a lot of fun and stick about Bitcoin, you know, consuming the world's electricity and boiling the oceans and yada yada yada. Interestingly, the telegraph was shitting a coin. I've never heard of called cheer. They're like, it was all over the side on Twitter. It was like cheer, you know, blah, blah, blah, blah, blah. Elon and Tesla, you know, dumping Bitcoin or not not accepting any more, but maybe there's this cheer because it's growing. It's really green and blah, blah, blah. And it sounds like yes, to be honest. But yeah, difficulty recently was like 25 trees. And there's obviously a lot of mining going on. But I, you know, I think that it does incentivize green electricity because it makes it so much more competitive. If you've got the cheapest electricity, you've got the cheapest, you know, the biggest profit margins for your Bitcoin mining. So yeah, we'll see. Maybe Tesla will actually like, I don't know, start accepting coin, maybe, sorry, Dogecoin maybe. And in fact, even my, one of my friends said, like it, aren't they assessing, don't, Tesla are assessing Dogecoin and maybe from some sort of funny rumor, obviously, a rumor. And I was like, well, at the end of the day, it's still scriptmined. So if it becomes very, you know, much more profitable, become much more competitive to mine. And therefore, the electricity requirement will go up and blah, blah, blah. So it's going to suffer the same issue that Bitcoin would anyway. If you see it as an issue, but it's going to drive a lot of innovation. There's loads of companies moving to green tech. And it's our Android, like a great rundown of, of, you know, some things that are happening at the moment. Now, I think, I think it's highlighting that, that, and prompting companies to come forward and be a bit more green. And, you know, that will only help turn people, you know, sooner than they would have other done otherwise done. Well, if he uses the same research department, he did decide on Bitcoin. He'll have no problem deciding on Dogecoin. Josh, you got it, your thoughts. I'm just dumbfounded, like, how can you be so, so, so, short-sighted? Like, you know, the guy is extremely smart, but I don't think he has much time. And so he relies on people telling him what to do and what to say. And I feel like he uses Bitcoin and cryptocurrency as his sort of way of manipulating some sort of market because he's not manipulating, but steering, maybe put it, some sort of market for shits and giggles. But, yeah, I like how I'm not going to put it perfectly. You know, you need to find, to mind Bitcoin effectively, you need to find cheaper and cheaper sources of energy. And it's wonderful. Humans should be using more energy, not less. We need more energy. It's just we need better energy, cleaner energy. And this heads us into a market that finds that cheaper energy, the better energy, cleaner energy. Because at the end of the day, the cheapest energy you can get is the energy that's in the air that we're sitting on a boiling hot ball of lava. Like, they can't be anything cheaper than that. So it's ludicrous to think that he's going to stop. But Martin, you stole the words right out of my mouth. It's exactly what I was going to say about the rockets and the constant. You know, sometimes you think, okay, this is for the greater good to put rockets into space for a larger vision. And the amount of electricity it costs is also for the greater good to have a free and open source monetary system rather than the amount of, you know, we've mentioned at nauseam on the show as well, is that the amount of energy it takes to run the, a legacy financial system also costs an arm and leg full of energy. So it's a, it's a weird thing to do. I kind of feel like maybe they're trying to buy more and it's a nice little dump. I did hear that he put out a tweet. I hadn't read it, but something like, is there any way I can help those make it more efficient or something like that? There's something like that. So maybe they'll end up like forking to a proof of stake or something. I'm not sure, but, you know, we, we, proof of work is an, it's an absolutely stunning thing. Yeah, sure, it's weird. It's weird when you think about it that we're just trying to solve puzzles at ridiculous levels right now. But those ridiculous levels are there to secure a ridiculous amount of money, a trillion dollars worth of market cap is being locked up and being secured by, by the, this power by this, by this, so it's definitely not being wasted. And, you know, you, there's plenty of cases to be made that buying a Tesla is actually worse for the environment than running your old car into the ground. There's, there's, you know, there's so many false economies in the green movement. I'm an old greenie. I definitely don't want to live on a planet that's being fucked over by humans and destroyed in the oceans, absolutely decimated and overfished and, and all the rest of it. You know, we, we all want to do good things for the planet, but there's certain, there's certain things in, in this world where the companies run on this sort of green washing nonsense where they feed you this stuff that sounds good to the ear, but it's not, but when you look at the numbers and the data, it just doesn't match up. And, and I fear that Elon's just sort of, I don't know if it's tweeting out stuff at random and I don't, it's kind of like China, it's like China ban Bitcoin, China's now not ban Bitcoin. It's sort of, I think in a few weeks time, it'll be like, ah, yeah, you know what, this single dealer actually still takes Bitcoin, whatever, I don't know. I mean, Tesla don't have dealers, but, you know what I mean, it, it's, it's, ah, I don't care. Elon can go screw himself. Or Elon tries to, it comes up with some news that Tesla have got the most green energy ever and they've saved Bitcoin. Maybe he's going to try and be like a Bitcoin Messiah. Yeah, I mean, there's lots of things you can do, including all this NFT stuff is kind of interesting to, to maybe trade carbon and stuff. You know, if you write into that sort of thing, but I, I don't think that trading carbon is the right way to go because somebody issues the carbon, which is basically printing money out of thin air and we're back to a fiat carbon nonsense that the government's basically print out of thin air and give to their mates and, and then allow them to trade it. It's all a scam. It's a, it's a, it's a government pre-mine. Well, the worst part about this is that it breaks Elon Musk's image. Everyone on the internet wants to believe that Elon Musk is a nerd and that he's our friend and that he built x.com and he built PayPal and he's building SpaceX and he's building Tesla and the boring company and all of these things because he's your friend and he's smart like you. But now I'm not so sure. Maybe he was too busy preparing for satellite live to read about Bitcoin, but this Bitcoin environmental information was available before Tesla accepted Bitcoin. It didn't change after this Bitcoin. Sure, he helped make Bitcoin more popular. He helped drive it up in the media and all those things and maybe he could say, yeah, I made it so popular that people ended up burning more fossil fuel, but it just opens up all of these environmental attacks on Tesla. It opens up the internet to disliking him, which may be more important than he thinks. I know he thinks he's bulletproof and invincible and he has all the money and all these things. But it just seems we have to now look at his motives. I agree with what Josh said, buying an electric car is probably worse for the environment than just using existing cars. We have so many cars. Does Elon Musk's goal of leaving the planet align him with the rest of the human race or put him in his own category of perhaps super villain genius where he's just looking to take resources from Earth? He doesn't care about the environment. He doesn't care about the Earth. He doesn't care about societies, not trying to fix anything here on Earth. He just wants to go to Mars. Martin, what do you think is Elon Musk, part of the human race or is he part of team Elon Musk? I'm muted. I'm muted. I muted you there. Sorry about it. I don't think Elon will be going to Mars as he stated in his own words. People will die. Basically the first people will die. Elon will not be going to Mars as the first people. I think it's like building skyscrapers. You put a rocket into space. If you have a lot of money, this is your thing you do. I found the information Alejandro gave very, very valuable. It's hard to find those statistics. Hearing it from straight from Lorz's mouth is excellent. I think this is very valuable information. I really got past the whole Elon thing after I saw the Bitcoin going up again. This is nice and it's good to have this data to combat any energy for it coming out direction because we will get more of that. Thank you. You're right. You're right. I'm working on doing some good research and telling us some good data on this right now to use it against the mainstream media. Punk's were coming our way. I'm getting the arsenal ready for the war. It seems like one of these things that they could just take zero brain cells to run towards people with this nonsense. Because you hear the easiest thing to say is Bitcoin uses the same amount of energy as Taiwan or whatever. That's just like what? Wow. Then someone else will say something ridiculous. Every time you make Bitcoin transaction, it costs this much energy. First of all, that doesn't make any sense because it's using that much energy, whether you send the transaction or not. With this massive army of idiots running around repeating, and this world is made of repeaters. We've got a society of repeaters because you get further in school, you get further in university when you can repeat something well. There's not one you can think of for yourself. It's like when you can repeat what the teacher said, you get an A. That's fantastic. So we've got this world of repeaters that are fantastic. People that think for themselves, free thinkers or logical thinkers, first of all, they're very rare because it's not rewarded if you can repeat. This is what's happening is that people just repeat the same nonsense garbage all the time. It's really great to hear stuff from Alakandwa about the actual statistics. Hopefully they'll repeat that. It was pretty amazing to see how many newspapers and magazines quickly launched an article saying how bad Bitcoin was for the environment. Just because Elon Musk made this decision a few weeks ago, Elon Musk tweeted something at Jack saying that he agreed with Jack that Bitcoin could be made from renewable energy, that there was other options that it wasn't so black and white and cut and dry. But I guess he forgot about that. It was a few weeks ago. Dan, Eve, your thoughts on Elon Musk? I think I already gave some. But the one thing I will add is that Jackson Palmer, who's turning in his meme right now, he said Elon Musk has always will be a self absorbed grifter. And then he said removing this in one minute is that's all I've got to say and enjoy the quiet life. But yeah, interesting that we were joking like a while back about Dogecoin base, but now there is it's going to be Dogecoin base. But in fairness, banking stocks are a joke as many others. So yeah, it's funny how everyone was behind Elon and when he was positive about Bitcoin. But he knows the score. I think we all know that. There's monetary reasons why he's doing this, whether you even just wanted to mess with everyone and be like in the background have a load of like a non shorting accounts and just short the hell out of it, just for this year, hell of it. But you never know. But it does seem like his probably his arm was probably twisted. They know that they're going to get they've got enough crap to deal with like by putting rockets into the atmosphere, especially if they want to do the kind of New York to London in a SpaceX rocket sort of thing. So they're probably just trying to keep it clean or is using that as an excuse, but there's definitely some other financial reasons why they'll be you know, they're holding off for now. And the end of the day, the good point is that they're huddling the space. So. Pauling off a Jamie Diamond, where he's just fighting it driving down the price and buying more. That's also like it's totally in the routes because he isn't being attacked by the SEC for this sort of behavior. Whereas if he does this with Tesla, he's taken a court and he's fine. So yeah. It could be either one. It could be he just likes messing with markets and he gets in trouble when he messes with the stock market. So he's having really lots of fun messing with these other markets. It could also be like Martin said where he has some kind of a carbon credits thing coming up. He's got some government loan he needs to get and he can't be accepting dirty Bitcoin if he's going to try to get the government loan. But I just think he's a huge hypocrite for not doing any research and for continuing to hold Bitcoin. Like it's okay. You crashed the market. You could have sold the top or you could have waited till after his announcement and then spoken and then sold his Bitcoin taking a loss like everyone else. But instead he's having it's both ways. Tesla says Bitcoin's too dirty to accept, but it's not it's clean enough to hold. It doesn't make any sense. It's a half measure. It looks bad. I hope he doesn't get his environmental loans or whatever. What the government takes him down. Yeah. What about Twitter? Did you guys have any fun on Twitter as Twitter turned into the Elon Musk hate society at least on crypto Twitter, but then on the rest of the Twitter, all the let's call them civilians or normal people or whatever you want to say they were all like this is great. Bitcoin's bad for the environment and Tesla realized it and they're coming back. I saw more just the bad decision making lack of research. Is she washing this? This is a major company. If they're going to accept Bitcoin, they should do a little research on it beforehand. These environmental issues. Josh says we talk about this every week. I mean, everyone's talked about this environmental issue. It was not a secret. And then for them to just change their mind, like I think it looks really bad. I don't know. I doubt the I doubt the whole company now. I don't know if I'd want to get on a SpaceX rocket. What did you guys think of crypto Twitter? Martin, did you see any good stuff besides, of course, Jackson Palmer? The thing is, on Twitter, I'm in my own bubble. I just get the news related to crypto and it's all Elon bad, Elon bad canceled my Tesla cyber truck order. All this type of news. I didn't see a single positive good on you, saving the environment. I didn't see that because I don't follow those people. And if I would, I'd probably block them. It was pretty great to see everybody change their mind so suddenly. Alejandro, what are the state shields came came out as well and the kind of, I think NANO pumped on the news like there were people make, you know, they jumped on the opportunity to be like, oh, he's probably accepting NANO, you know, all the shield masters got involved and everyone got their proof of state coins out. And on there, you know, on the on the on the launch street, there was all the, oh, did you know that my coins green and oh, did you know this coin's green and blah, blah, blah, blah. And so yeah, it was definitely a massive shielding opportunity for non-proofing of what coins. But yeah, that understand eventually. He's really elevating the conversation. I'm glad that he's here to add this to our community. Alejandro, what do you think of Twitter's reaction to Elon Musk? I don't care what the reaction was, but what I do care is that he's made it. He's kind of put this narrative to the forefront, which sucks for people that are working the money side of things. Well, I mean, it was inevitable that we were going to have to work or combat the narrative of it, you know, destroying the balling the oceans. But Elon just accelerated that by a couple of years, I guess. So it was kind of shitty. I don't care what Elon said. I don't care what Elon does. Well, we talk about these environmental issues almost every week here. And again, it's just because it's so easy to make a rough estimate of how much energy Bitcoin uses. You just take a couple numbers and multiply them together and you're a genius, right? But if you want to go see how much the bank system uses, how much energy the Federal Reserve uses, it's so complicated. There's all these different inputs and you have to judge how much is a building worth of people worth, how much is a thousand, 18,000, 10,000 armored trucks and all of this stuff. It gets really complicated. It's not just like multiplying a couple numbers together. So there's some kind of there's a fallacy there where it's easy to calculate. Therefore, they focus on it because they don't want to do any real work or real research. Come on, someone out there do the resources. Good point. Good point. It's too hard. No one's going to do it. Josh Shagalla, what do you think about crypto Twitter's reaction? I'm the same. I don't give a shit. I'm fucking. Everybody's canceling their Teslas. No, cyber trucks. Man, it's a sad group. I don't know. I'd be driven your Tesla since. Yeah, yeah. I still love my Tesla. Every mile it's a big corner's bad. Big corner's bad. Big corner's bad. It's like all that. No, I just don't care. I just don't care about cold of personalities. This cold of personality that he's got around himself. Oh, and people worship him. I definitely look up to the fact that he's runs four companies. How the hell does he do that? I think he's... In a way, I look up to him, but I also think what a weird bad dad he must be because how can you possibly be a good father and run that many companies? So also probably a jerk. So you know, I don't know. I mean, whatever. He's a guy and this whole cold of personality stuff. It doesn't resonate with me. I'm not into it. I wouldn't trust him with a house plan. But it was neat to see everybody make all their Elon memes and celebrate him as if he was a hero of Bitcoin. Meanwhile, the other alleged hero of Bitcoin, Michael Sailor, stayed true, made another purchase, put out more good videos, stuck by his beliefs and his research about Bitcoin being good. So good on you, Michael Sailor. You survived the first round. We'll see about some of the later rounds, especially your board. When Bitcoin goes down 70%, your board's really mad. That's what I'll wait for, Michael Sailor. We'll be back. We'll be back for you. Moving on to issue two, taproot. Bitcoin's mining difficulty has hit a new high and taproot is beginning a second signaling attempt. While the price of Bitcoin may be down, mining difficulty has never been higher. That means you'd need more computers and stronger computers to mine Bitcoin because so many people are actively mining Bitcoin. We're also talking about taproot. Taproot is an upgrade that outfits Bitcoin with new signature and scripting schemes that allow for cheaper, more flexible, multi-signature transactions among other things. Taproot will also pave the way for improvements to lightning, multi-signature wallets, and perhaps even Bitcoin-based smart contracts. So maybe we'll see some Bitcoin ICOs or DAOs or Ethereum type objects on Bitcoin. Alejandro, what do you think about the taproot situation? And I've seen your tweets many times. Are the mining pools supporting it? So this gets activated. Yeah. So I've been working closely with the mine, well, I've been working very closely with the mining pools across the industry and getting their interest a couple of months back with taproot activation. Now what I'm doing is assisting them to update their nodes, not meet only, but do we lose Alejandro? All right. We'll see if we can get him to reconnect with Alejandro and first name paradise. I think this. Yeah. So, I'm interested. I'm interested. Super slow. Sorry, guys. Anything else on this, Alejandro? I think you're back. Yeah. Sorry, sorry, guys. I'm interested. Super slow. I'm in Costa Rica in the beach. So you can imagine it's very bad. The signaling is taking time. Each mining pool has lots of nodes. The nodes require time to update through some firmware issues from some mining. Briggs. The denial of signaling, which would cause some issues with the pool. So we had to contact the firmware company and help them fix it, which we did. We fixed it for them, actually. So after that, it's finance pool to signal by Sunday. And I expect BTC are come to fully signal by end of this week or weekends. But I, yeah, the rest of the pools are most of the pools over 1% of the global hash rate are racing fully, including pooling. And an ampoule, which is a bit main pool, which is a very, you know, very good thing. I expect by I don't mind not happening in this difficulty adjustment epoch. It might not happen in these 2016 blocks, because the signal needs to occur in 2016 blocks. And at the pool to your dustbin epoch, I'm not too sure it's going to happen in this one. But it doesn't matter. We'll get it on the next one for sure. That's my, that's my, that's my, I'm, I'm very comfortable happen soon. Fantastic. So it's not a UASF situation. The miners. It's a M a. It's an M a. It's a minor activated software. Dan, crypto, Raptor, are you excited for taproot? I am. And, you know, it's going to bring, I think smart contracts will allow for like the kind of decentralized lending options that you've seen booming on Ethereum, like that whole defy space and, you know, the ability to actually, you know, borrow against your Bitcoin and lock it into this that and the other without having to peg with you know, you know, another day, other chain. So I think it's got some, some, obviously general privacy and scalability security improvements. So there's a call cycle taproot dot watch, which allows you to track the current progress and it was actually so in the time of writing my show notes, it was 57.87, which is about five minutes before the show. So it's already 59 point, because I was very last minute writing notes is 59.31%. So it's gone up a couple of percent. So, you know, it's, it's, it's, yeah, it, it may make it. But it's, as Alejandro said, it was, you know, it may not just be able to fit into the next sort of the next 2016 blocks. But yeah, I think that combined with your signature is going to bring some really good benefits to the, to the ecosystems in terms of scalability and security there, there you go. And so much, much and anticipated. And, yeah, again, it's not contentious because it's not hard for so, you know, it's called like, you know, mining pools, go to mining pools. Yes, Matt Beckhorns. And, yeah, it's great. Yeah, it's click on mining pools. There you go. 60%. Yeah. As you can, as you can see, as you can see, BTC or calm, as only signal five, the last 23 blocks, they mind this. Epoch, that means that they're like slowly upgrading their nodes. So I expect today, this morning, there was, it was only two. So they're really signal three extra blocks. And, you know, they're not upgrading, they, they told me the wrong technical issues. But I really, I expect them to be fully set by then this week, maybe next week, finance pool, Tommy on Sunday, that by Sunday, that will be fully signaling. Let's hear this help. I mean, I'm buying us does what by nice once. So, you know, I can only, I can only, I can only, I'm just a messenger here. So, the one that I'm a bit concerned about is BTC top. They haven't signal, they did mention to me that they were okay with taproot when I was working on taproot activation.com. So, yeah, I mean, if anyone listening to your knows anyone on BTC top, then please ask them is the CEO's name is, G Young, you were Chinese gentleman. Yeah, we should pressure BTC on top if we can because I don't know why they're not, they haven't say anything to haven't talked to me. I've contacted them through all my resources and they've been saying anything. So we have to pressure them, but I don't think they will, I don't think they will go against the grain. I think, I think it's just a matter of time. I mean, they're not going to go, they're not going to be the only one. And if they are the only one that's not sending me to taproot, it literally takes a minor five, maybe five minutes max to switch pools. So I assume and actually I am pretty certain, 100% certain that a lot of miners will switch to pools that are signaling if they, if they don't play the game. So it will be kind of very many UASF in the MASF. So that seems pretty good. Is there a threshold? Does it have to get to 75 or 90% does it lock in? Correct. It has to be 90% to lock in. And the reason why I say we might not hit in this difficulty epoch is because there has to be a certain amount of, yeah, the percentage needs to hit and there's only a set amount of blocks. So there's like a, there's like a point where it, if there's not enough blocks, it won't hit. So, but nonetheless, if all the pools switch now in this difficulty epoch, then the next one, it will switch, it will reach the threshold without a problem. So we have to pressure them. Again, I don't think it's much of an issue because the BTC, let's say, I don't know, I'm not sure. This is just a, it's just, it's not me saying that BTC atop won't do it, but if they don't, let's say, then yeah, a miners can easily switch to and I, and I do, I do want to say that that should be something you should consider as a minor ability. If the pool is not pushing for taproot, switch to someone else pool in, of course, I would think, but of course, there's all, there's all these other pools that they can choose from. Alakano, did, do mining pools need to switch off to like turn that switch on the signaling? Is that a big problem is? Yeah, there's, there's, there's, there's, there has to be a reset of all the nodes basically. And then there's some firmware that don't, don't, don't recognize the new signal, which would then knock them off the pool. So there are some small issues that we fixed, we fixed the firmware issue that was like the most, most use widely used the had this issue. Of course, there might be some firmware that we don't know if there has a big, another issue from another pool. Maybe that's what's going on and now BTC atop. I can't really say it was, I don't know what was going on. I mean, I'm in contact with them, but they, you know, that's their operations and they don't talk that. But yeah, that's, that's how it works. You have to upgrade the nodes and then you have to turn them off and on. Yeah, so people scared of once they do that, then there might be an energy spike. They blow out some sort of problem out that side. Oh, no, no, no, but the miners, the miners don't need to do anything. This is the mining pool. Oh, so yeah, the miners don't need to, the miners, if you're a miner listening to this right now, and a pool six starts signaling for taproot, don't worry, your pool will continue its operations without a doubt. And if your hesitancy is too pool, it's already signaling. Go for pool and. Well, and respect to BTC top. I hope they start signaling and maybe if the internet asks them nicely, they'll get to it. But again, let's be polite. Let's welcome them in. This is the chance for us to all work together. I think it feels much less contentious than the last time. Yeah. Josh, should go all your thoughts on this. I mean, you know, anytime there's a soft fork, I just start getting excited because I think this, this is really what Bitcoin's. I just love seeing this decentralized protocol having to work together to decide on an upgrade that we're all happy with. And taproot is taproot is definitely something very, very cool that the thing is that you have to be fairly technical to understand what the benefits are. I think Dan put it well when he said, I look, you can, you know, run some smart contracts and do some defy stuff on Bitcoin. That'll be pretty dope. But I think the, I think the size of the blocks will help the block size as well, especially with Schnur. I think there's a whole bunch of stuff that's coming in Gregory Maxwell is the one that's sort of pushing this and. And yeah, I've always looked up to that guy is, I think he's really, really clever. Part of the part of the entire ecosystem and, you know, anytime he's pushing something up this, it's, it's, it's got to be good. Martin, your thoughts on taproot activation. Yeah, I'm not aware of this. I'm not aware it that it will not happen or anything. The previous time we had an upgrade to the network that was with segway turned out to be a big disaster. But that was primarily I'd, in my opinion, because there were financial benefits of not upgrading. There was a sick boost at the time. And that was like becoming difficult to do with segway. So it makes sense now that everybody is on board. It's a good upgrade for the network and more people using it. It will not be any missed revenue for, for miners. So there's no real reason for them not to do it, except that you know it takes a bit of work. And I'm personally very excited as Josh said, I'm all like, oh, great, great. It's like, you know, there's not that many upgrades on the Bitcoin network. So when there is an upgrade, I'm like all excited. Yeah, I read articles by Adam from where them. He always has nice write ups and work like technical, the benefits of this because I do think the enhanced privacy features are severely over. And I think that's why people, some of the people I met on like from the community, they think that this upgrade will turn Bitcoin into some sort of monero, which is just not the case. So it will help, you know, multi signature type of transactions. It's both the signature more private correct, but also putting some funds in your your lightning wallet will be will be a supposed to be more private from what I understood might be wrong. So yes, any upgrade for Bitcoin is good news. I don't mind at all that it takes some time. There's a lot of money involved and I'd rather like threat carefully and you know, make no mistakes. Then go the Ethereum route and just like run fast and break things and just roll back the entire chain if it doesn't work. So I do, I do like the approach. I think the input from Alejandro is really valuable. If people at home want to want to have a look to look again, the website would just looked at this taproot dot watch and the pool with all the page with all the miners is just mining miners option in the top navigation menu. Very interesting, super exciting, you know, I even dream about the green blocks now. So I can't wait for this thing to get activated. One more question, Dan, if you've got a dose in your background, will those coins be activating the taproot upgrade? They activate segred, right? So I think I wouldn't surprise, but in fact, haven't they stopped even light? I think they're not going to stop. Like coin did. Oh, like coin did. Those coins just been static from the start, right? Still on the old Bitcoin Qt wallet and that's it. I think the last thing they did is they moved it over to be merged mind with like coin because it would be attacked. Yeah, okay. Oh, well, I don't know. I think it wouldn't surprise me if there was a fork of it, right? I think it would be a great thing to see that the end of the month, you know, a green fork that maybe must come and is also think crazy like that. He kind of rides into the into the blockchain world on riding to she made in his own, I don't know, with taproot activated, but maybe not. It was great to see on Twitter. Musk had talked about fixing does coin and Adam back himself wrote back explaining that the coin was a joke that it hadn't been worked on in three years. The coin was substantially better. It's a I don't know Elon Musk used to be this untouchable person. Then he promoted those coin went on sound at live and betrayed Bitcoin. It doesn't look good. I wouldn't get on one of those rockets. I wouldn't do it. And I think there's too much distractions in the Tesla's they should turn off that screen while you're driving. It's out of control. You can do the fart machine while you're driving. You can do car karaoke while you're driving. He's trying to kill everyone, but again, they just need to go to Mars. Everyone on earth. People on Mars. Good. People on earth. Bad. Moving on. Check out the WCN clips channel on YouTube. It's got all the greatest WCN clips from this show and others like it. Will Bitcoin lose to Ethereum? JP Morgan's bashing Bitcoin, but selling it. And Musk is creating a doge failure. Is it going to go up anymore? Find out at WCN Clips and be sure to subscribe and share. Thanks so much. Moving on to issue three. Binance faces pro by US money laundering and tax sleuths. The Justice Department and the IRS seek information about the crypto exchange. The federal agencies haven't accused Binance of wrongdoing. They're just looking into it. Binance has been pretty questionable for a long time. They ran a massive ICO. They originally based in I think Hungary, something like that. They moved to Malta. Then it turned out they didn't really move to Malta. According to this article, they're incorporated in the Cayman Islands, but have an office in Singapore and claim that they lack a single corporate headquarters. That would make them hard to sue. Josh, Shagalla, your thoughts on Binance and the tax probe. Is this the beginning of the end for the great magnificent Binance? Ah, no. It's a really interesting company, Binance. I really find them fascinating because they move around. They're very, very liquid. They don't really know where they are. They do run a very good service. They have a very, very good trading platform. It hasn't, you know, it's been fairly saffol. Up to now. I'm pretty impressed with what they've done to be honest. And, yeah, I mean, you can say what you want about the cold of personality of CZ and all of this stuff. But I, yeah, I think what will happen is they'll dance around this. If anything happens, they'll, they'll maybe give up one or two records, but they can't do what they, what the, the are stood to coin base, which is basically demand all records. Usually these sorts of companies, what they can do, especially with European laws are pretty intense. So if they're, if they've registered somewhere over here. What, what usually do governments do is they'll basically start to put pressure on the banks that Binance might use. And, and that starts to force the hand. But the thing is that by, there's, Binance is so big, the other banks are willing to work with them very quickly. It's not like the early days where it's very hard to get a bank on board. Now it's like, oh, you don't want to work with us. All right. Well, we'll take our billions somewhere else. And so it'll be tricky for the US government. So the thing is, yeah, like I was saying in Europe, what usually happens is they'll get a court order and they'll go after one particular person and the court needs to file for that for the data of that single person. But yeah, being able to just pull all records like they did with coin base is probably very, very unlikely. Binance reminds me of that old Steve job quote. Why join the Navy when you can be a pirate. Alejandro, your thoughts on Binance and this attempted investigation. I, Binance's business model is kind of like this blitzkrieg sort of business model open up as fast as we can get as many people as fast as we can break all the rules and then worry about it. And when we're filthy filthy rich and it's been working for them. I don't think I don't think Mr CZ will be easily. I'm not just I'm not going to happen. I just want them to to to signal for taproot. That's all I care. So I don't know. I don't know. I hope them well. I hope they hope whatever it is, but they've done a very good job building their businesses. You had me at blitzkrieg World War two to my heart. Martine, your thoughts on Binance. I was a bit late to the party with Binance. I always thought it was just a shit coin casino and not a real proper exchange. But I changed my mind some time ago. I found a time very good. I even recently got one of those Binance cards and I'm super impressed. So I hope they will hang around. I do know some people that work there and they're not nice people to and fairly transparent. They do a lot of volumes. So that's pretty cool. I recently learned they also do a mining pool. I wasn't even aware of that. So I thought there were only an exchange. So they're there. They're pretty huge and they're forced to be reckoned with. I think Josh is right. If governments put pressure on them and they'll just and close the bank accounts, they'll just take the money elsewhere and there will be many, many banks happy to serve them. Yeah, I did notice recently, like, you know, we run a many of our clients at General Bites and run their own server to connect their ATM still, but some of them run in the cloud. And those clouds are usually hosted in the US because then they're closer to our clients. We did notice that Binance is actively blocking like US clients to certain websites. You have to go through another website a US website. If you want to connect to Binance or there was causing some issues with the API that was running on the cloud server. So that's it's interesting to see the other play on these games and it's interesting to see how it turns out. But I do wish them well. Even though it wouldn't be my first exchange of choice for trading. I was impressed with the nice black stylish cars that actually works very well. So yes, I hope they they will succeed. I don't think they will be too impressed with the IRS coming after them because you know, just pick up the stuff who go elsewhere. In many ways, Binance is almost like the perfect Bitcoin company like Joshua saying they'll move jurisdiction to jurisdiction, play them off against each other, keep moving till they have to maybe move to Mars or the moon or something like that. As long as there one step ahead of the investigators, it's going to keep working. I just I worry about that. That would stress me out being one has one step ahead. Dan, you have your thoughts on Binance and the investigation. Well, maybe this has all been stirred. Well, in fact, it's probably to recent, but they're, you know, the recent Bitcoin fog sort of investigation. Maybe this underneath or I've got to come down heavy on these exchanges. Although it does seem like the article mentioned the Binance has been playing ball with US prosecutors for a while. There was like a fentanyl traffic trafficking and ransomware case. They weren't accused of any wrongdoing. And you could kind of infer for that that it was arguably a ball that they weren't found to be like negligent or gross negligent otherwise there would have been, you know, investigated much sooner. But they have been a company that's tried to play ball that you know they've tried to do the right thing. I think Q does on the mining pool. Also that the fact that, you know, they got the safe roof fund for protecting people's funds. They're kind of transparent when there's like a security issues and hacks and stuff. And let's face it, all the like the shit tokens that they were out there. Binance had utility like it, you know, people wanted it for different stuff. I wanted to just for someone says I never actually used it for anything. But you know, people are like, I want it for cheap trading fees. And I wanted it to get into an ID April and I wanted it because of this lending rate. So, you know, they kind of smashed it in that respect by making it a total Swiss army knife. And yeah, they cut corners in the start lots of lots of companies do and they've probably reached that kind of too big to well, I don't want to say it but too big to fail, you know, status. But yeah, there's this even they're saying crack and recently we're getting around twisted over giving information to the IRS and good old and I just I researched this and I believe I'm think I'm the first person to potentially chain this term. Chain Alice, Niche. You like it? Oh yeah, baby. So, uh, chain Alice and H obviously have been been cozy enough to the regulators and also try to stitch on everyone. And so yeah, I think I think I think I'm kind of on finance side. I didn't know that it might important till today and I think that's cool that they're switched on and they're contributing. It's not just about, you know, correct coins for them. It's about, you know, kind of it seems to me like it's about doing. Well, they should contribute a bit more on the mindful side and activate taproot signal definitely. See enough of that. So, come on, ZZ, you definitely watching this, but please, someone tell him to. Well, and just a quick shout out to the audience, we have about 80 people watching now on YouTube because we fixed it and made it public. So, if everyone could give us a thumbs up, we didn't get to tell you earlier because we broke the YouTube, but now we fixed it. So, give us a thumbs up, say hello in the chat and subscribe down below if you haven't been here before we've done 250 weekly episodes of this show. So, it's pretty cool. But moving on to the exit question, will finance be taken to trial by a major government within six months, three years or never go to Alejandro first? Six months, three years or never? Three years. Three years, three years, we've got to start. You could have gone with the safe political answer just said never. We would have accepted that. So, you've been working with the team for 13 year thought six months, three years or never how long will finance is luck hold out? I think within a year, sorry, there was not an option. So, three years that they will have some serious problems, but they will manage, they will move, they will update their IP blocks and they'll do survive this. There's so many people are using it that I don't see them failing anytime soon. So, it's really important to have both awesome and terrifying Dan Eve. I think they're playing ball enough to just, you know, with the IP blocking at least that you know that it's showing showing signs that they're trying there were stuff in the early days that, you know, people were saying that, that Binance were encouraging people to go outside the VPN, but I don't, I doubt Binance were themselves. It was probably people just saying, you know, you can get around it. I've managed to scoop it scoop scoop scoop, wait, sorry, it's digit, you know, CZ the digital nomad red gate will evade the authorities forever. Turns out CZ might be the real dread pirate Roberts. Josh, Shagall, your thoughts on Binance six months, three years or never. I'm going to say with never the reason being that what they will do is they will use the regulations that are slowly solidifying around the world. And they'll build new entities in those world, those new entities will be bought, will buy out the crazy pirate entities, they'll be molded in. And they'll say, oh, look, we've been regulated the whole time. We just bought this section. I think this company is companies within companies within in this and that it's a really complex structure. The accountants must be going insane and same with the legal department must be slightly there's a lot of stuff going on there. But yeah, I think they're clever enough. I mean, it's the whole the whole Bitcoin business game, you know, a Votary, a large Votary in 2015 and and we're building since 2014 and and then done some other crypto stuff before that. You know, the whole business along the way has always been regulatory arbitrage and they've played the regulatory arbitrage game super well, super well. And like like Alejandro said, Blitzkrieg that where you just come in, make a whole lot of money and deal with the regulators later. You know, there's a few ICOs that did the same thing like the EOS block one one where they just raise four billion and then you know, oh, well, you're going to charge us what 25 million here you go. What apps. So yeah, there's certain certain people in this space that have managed to play that play that game pretty well. I agree with Martin. I think they'll be in trouble within three years, but they'll wriggle out of it because they're just so clever. Meanwhile, Josh is the only one who can be hired by CZ. We all have failed. Alejandro, you should have said never you're so close. Never. All right. Just I mean, it's probably it's probably going to be never. It's probably going to be never. There you go. There you go. You're on never. I changed the list. You changed your back in. No, we like finance. It's been fun. Like I agree with Martin. Like at first, we were very questionable as an ICO and all these things, but the service has been there. They've been good for the market. Although I'm always reminded of what they said about sheep marketplace, which was one of those after the Silk Road drug markets. And everyone's like the service at sheep marketplace was so great right up until the last weekend when they exit scammed. Oh, service it all after that. But let's move on to the next issue issue for colonial pipeline paid 75 Bitcoin or roughly five million dollars to hackers. We've all heard of the trouble at colonial pipeline. Their system was hacked. They couldn't send gas through the pipelines, thus leading to a potential gas shortage in the United States. Prices are rising. People are allegedly filling up trash bags and laundry containers full of gasoline. All those videos are actually from 2019. So that's fake. But it's nice to pretend that's what the media helps us do whenever they need footage for something. But they did pay to recover their stolen data. They paid five million dollars in Bitcoin, roughly 75 Bitcoin. However, according to the information reported here, it looks like the company is still going to restore from backup servers because the tool provided by the hackers was inferior. It was not a good tool and it was too slow. So they paid this money, but they didn't really get anything. It is a good example of ransomware and an issue we talk about all the time. Dan Eve is its bitcoins fault did Bitcoin enable this pipeline to have such bad security for such an important service that they were easily hacked and their data encrypted. Is this all due to Bitcoin? Well, I'd say it's obviously Bitcoin's fault and it's obviously the idea of the computers fault and then obviously it's electricity is full. And then if we didn't have humans, it wouldn't have happened. So, you know, we can just take it back to square zero. But ironically, the fear money actually holds the world to ransom. But we're going to hear the same old arguments that like, you know, it's that it's a new tech and it can be used for something just because it makes it better. I mean, there's still ransoms that are happening with cash because obviously cash is really good for laundering and stuff. You know, you can see the still lots of techniques and I've seen the wash it and stuff in the movies and they've actually clean it and hang it on the washing lines and in the bathroom of the hotel. All of that stuff. But I think I think I think crypto really hasn't hit it until dose coin is used for ransom until that point then, then, you know, it's just, you know, it's just run of the mill stuff. But obviously I still get you and you guys have got watch out for this too. It's not just Bitcoin talk, but it happened with me with but the I still get the emails now from like, you know, from the bit the hacked Bitcoin talk where it says like. We've got we've got all these new to view and we and they show you your password what your password was at the time and I'm like, you know, I delete it after I've paid them they still keep coming back. I did make a lot of new but no, obviously ignore any of that sort of stuff because they they won't get it. It's just change makes you change your passwords and stuff, but yeah, it's just a technology upgrade in whatever illegal activity it is and that's just going to happen with everything, you know, like it did with the internet making fraud a lot easier. So, you know what, once we have a classic Chevy chase line from dirty work, he says, you know what's funny about bookies even after they break your legs, you still owe them the money. Josh, Sugala, your thoughts on 75 Bitcoin paid to hackers. You know, the the weird thing is that the media is so stupid that they still say, oh, Russians, it's the Russians or it's the and they make it sound like it's a government attacking when it's really just a very profitable business model. In fact, these ransomware is so profitable. I mean, it's very unethical, absolutely, but it's some, you know, these people are so professional that they'll give you helps help lines and look at these guys, these guys offered to fix their database issues or whatever the hell can give the better software. So, five million bucks is pretty cheap, little sort of, you know, penetration testing costs. You know, I'm seeing a lot of chatter about that governments need to enforce and this is unlike also libertarian style news, you know, I'm hearing this where people even in that those circles are demanding that government put more regulation on companies to force them to be more secure if they're if they're dealing with with large scale infrastructure. But the fact of the matter is that these sorts of attacks are are are a way to harden infrastructure as shit as it is the worst part is when they hit hospitals and things like this. But a pipeline, you know, it's a I can't, you know, one thing I also find weird is that you can say this got hacked, but, but, you know, voting machines totally safe can't get hacked totally safe. Don't worry about it. I mean, you know, they're just anything that's connected to the internet is open to vulnerabilities and it's not just everything safe, you know, running a running a crypto exchange you got to be on the ball the whole time. And you know, I think all too about security and and it's it's it's extremely extremely hard. Yeah, there are these companies out there that run really critical infrastructure and they do need to be on top of their game and they will be eventually ransomed if they aren't on top of the funny thing is some of these places are so old school. And there's still running sort of green and black screens and things, you know, because they just haven't upgraded forever. So hackers don't even know how to, you know, code in in machine language or something. So get in there. But yeah, I think it'll just play out where these these companies have to keep paying and ransomware people don't want to make it too much because then people don't pay and they usually actually do unlock your unlock your data because they want to be known as look if you pay it does it does helps. It's it's a weird weird world and and folks for those folks that think this is a Bitcoin problem. I'm old enough to remember ransomware before Bitcoin believe it or not. And there's even an audiobook I was listening to a there's a very famous audiobook called three the three question marks, dry fragmentation in German. And and they talk it is I think it's early 80s audiobook about a ransomware that told them to drop cash in a certain bin or whatever. Of course, Bitcoin makes it a lot safer for that business model on the attacker side. But yeah, it's it's look get better at backing up your data. And and get and get hot in your security. They used to just include their address. You could send the money at the PO box. But I agree with what Josh said, a $5 million penalty for not running Windows update is actually pretty cheap. They got off light. Although the shutdown on the pipeline, that might cost them a fortune. Alejandro looks like you've moved from the beach to a undisclosed mining location. What do you think about colonial pipeline paying the hackers? Well, I think I think that you I mean, I don't know, I don't know what I think. I don't know what's going on. I mean, there could be some a lot of people say it's not. But I'm sure there's some dual political tensions in there somewhere. I know that the I read that that hacking group or that group that ransom. The pipeline immediately shuts off if it it scans the computer. If it finds anything in Russian or computers somehow Russian is shut off it by itself. It doesn't attack Russian language computers, which is itself is interesting. I don't I'm not I'm not mentioned about narratives and stuff. I don't care about that stuff. But I think it's interesting. I mean, if you think about Russia is also blocking. I mean, the United States is blocking Russian Germany from their pipeline Nord Stream 2. So it's kind of funny that all of a sudden. I don't know. Yeah, it's a big one. It's a big one is the best currency. There is that you can do these things that's a privacy and focused internet coin that works wonderful for legitimate case. It's a case and sometimes not so legitimate, but it works exactly as intended to do so. It is great for testing all these obscure servers. We get to really see if the security is up to snuff now. It's a competition everywhere. Martin, your thoughts on the colonial pipeline hack. Unfortunately, I think this is the thing things to sign off things to come. I don't know about the political background in this. But it's a business model. And as you guys said, you know, they have perfect customer service. They help you their responsive. They usually better customer service their cable company. So there's definitely the business model there and cryptocurrency is not the one to blame. It's just a sign. It's historically known that utility companies in general. So not just the pipeline oil company, but also electricity companies and phone companies have terrible security records. They're more focused on just keeping stuff running than they are on protecting it. And this is just the type of business. And I've seen this before, you know, you smart meters that allowed to be can be hacked and stuff like that. Phone companies that don't really protect any data. I mean, just look at how easy this to do. Sim swap still even after all those people got sim swapped. You can still do sim swaps quite easily. I think it's just a. It kind of just makes it easier. And you know, if that would have been clever, they would have asked for Z cash or money, you know, but no, they asked for Bitcoin. So I guess. They asked for Monero or Bitcoin. Okay. Okay. But they it was interesting that they paid in Bitcoin because they obviously thinking, oh, then we can follow a little bit easier. Yeah. Yeah. How do you how do you move so much money? Like everyone's watching that address. I wonder how hard must be to move to move Bitcoin mixer. But it's still chain us is. It's able to pick up every mix. That's really good. You mix it and you mix it in small batches. You send it up some to some decentralized exchanges. Yeah. The other thing is the court's like law works with the concept of a shadow of a doubt. And the thing that mixes to it, even though you know, I think that's pretty much that this is that person through channel. There's still the shadow of a doubt. Well, are you 100% sure or is there a shadow of a doubt? Well, there's a shot. Well, then the whole thing's thrown out. I also think. Perfect. I just want to wait until the laws change until the climate changes. Maybe there's a country that becomes a Bitcoin criminal haven and you can just go there and suddenly cash out all of your hacks. Probably difficult to keep the crew together. And I don't know how you pay the other hackers and all that. I'm sure you can. I'm sure you can probably. This is me speculating, but I'm sure you're part of flight to North Korea right now. It's a big point if you're really. I wouldn't recommend it. But I'm sure that one's a lot by it. A place with a beach. I'm just I'm just speculating. I don't want to talk about this. This is me just my opinion. It's not financial advice. It's just a career advice. It should be just playing around having a good time. If you like that, you can run the exit question exit question. They've just hiked it. They've just hacked a gasoline pipeline. What can they hack next? What's bigger than a gasoline pipeline that the hackers can take down for ransom? Dan Eve named something bigger. But they've got a lot of business in the world. Disney world. We were all of all of the things start talking and they start cursing huge hacker. Unless they also pay a Disney would have to pay like. Pay an NFT's they would have to pay an NFT of the splotown NFT of Mickey and Minnie and all that. You killed Mickey the bastards. You killed Mickey bestards. even better than getting the Disney Bucks is getting the NFTs. Let's go to Josh Shigala. Well, they hack that's bigger than a pipeline. Elon's nathicts rocket launch. I was going to say that too, but it's kind of like wishful thinking. I just hope they're safe with it and they crash it in a safe area and that it doesn't damage the environment. Maybe they could crash it somewhere outside of the environment into another environment, something like that might work. That's the front fellow. That's the front fellow. Isn't it? Watch the great documentary about that guy recently. It's fantastic. Clark and Dawes. Martine, your thoughts, what will they hack? That's bigger. Not giving them any ideas. Just suggestion. I think the next thing or one of the next things will be a large scale hex of smart meters because those meters, they're very smart, but they don't serve any smart purpose for the person paying for the electricity. It's just the electricity company. And they've been rolled out. It's such a high speed everywhere. And there's just a few brands. So it only needs one vulnerability. That is like a zero-day vulnerability in one model of the meters. And you can like switch off an entire country. And just switch off all the electricity. And just make sure that you keep it switched off. Like, you know, sent the off-comount like 60 times per minute or something. So that's even if they switch it back home, it will be switched off again. So I think this will be very realistic. It's also the reason I reject it. Smart meter in my home. Hacking the electrical kit. It's getting like super genius, evil genius around here. Alejandro, you don't have to give any advice. But what will they hack? No, none of this was advice. I was just having a good time. Just jet. Oh, my God. It's probably you can, I think, hack in the PlayStation network will be everyone. PlayStation. It'll be good to do a lot of good things. Knock those guys off. I'm going to go follow Josh said I thought the rockets would be good. But let's go further. Let's hack Elon Musk's personal Tesla and be very safe with him. Don't hurt him. But just make it do fart sounds all the time. It already makes fart sounds. But just really, really hit him with the fart sounds. I think it'd be fun. And of course, film it because we'd love to see that. But again, don't hurt anybody. Don't hack anything negative. But interesting, interesting question, interesting thing to think about. At home, you guys could ride into the chat. What do you think they'll hack next? And don't go and do it. Don't make us look bad. Just hack something else. I want everyone to check out this tweet by Alejandro. We've got this on the Mad Bittcoins Twitter and on World Crypto Network. If everyone could just retweet this and ask BTC top to activate Taproot. We've got 20 retweets, 21 retweets on this already. But if you guys could just join in, go to Mad Bittcoins or World Crypto Network on Twitter. And let's try to activate Taproot. Let's do something. You posted in the chat. Yep, we'll post in the chat here and it's on the Twitter's. But I think we're running out of issues. Just remind everyone once again to go to WCN Clips and to start sharing these clips and subscribing. And this is a great way to spread the word about the show. We've also got shop.worldcryptonetwork.com where you can get World Crypto Network t-shirts and the treasures don't float mug and the howl finish shirt. All kinds of great stuff at shop.worldcryptonetwork.com and obviously if you buy stuff there, it benefits us. But it's also good just to give us a thumbs up and to subscribe down below. That's a great way to help us out. We're going to go towards predictions or a story of the week. Martine, are you ready with a prediction or a story of the week? Prediction, price prediction. I really don't know. It's a bit scary to do any price predictions. But the story of the week is that we launched our partner program on general bites recently and we have a massive influx of new users at the everytrade.io accounting app. Maybe because people are doing the taxes and they have to report it or maybe they're just curious how much is left of their douche and Bitcoin holdings after Elon Musk tweeted. I don't know, but numbers are going up through the roof. So and it's free. So it's easy to get a lot of users if the service is free. So that was my story of the week. People want to check it out. They can check it out at everytrade.io. If people have a website and they want to promote a service, we are giving like a dollar for every sign up. So if you have a website with a lot of users go to partners. Sorry, partners.generalbites.com. Okay, that's all shameless pimped this time. And you're running out of time to pay your taxes. You still got a chance, I think. I don't I forget the day, but you're running out of time. We've got 24 retweets. Let's keep retweeting that. Come on. Dan Eve prediction or a story of the week. Go ahead. Well, I am going to predict that Bitcoin because I'm ever going over the obstacle. So Bitcoin is going to go up and my prediction, my prediction. It baits and I think this is given all the events we've discussed recently. I think this is actually one that's quite likely to happen unlike Greta suddenly going for Bitcoin like previous ones. I know there's been out there. But okay, so my prediction is that Tesla gets hacked and the ransom demand must be paid in Dogecoin. Oh, poor Elon. His only love turns into his only hate. A real Romeo and Juliet situation there. Also since Dan mentioned it, we'll go ahead and predict the price of Bitcoin for you. I know a lot of you guys like to read charts and that kind of thing. But we have our own predictor ball right here that is always right. So will the price of Bitcoin be higher this time next week? Got to shake it if you really want it to work. Says most likely, most likely. So there it is. Bet the house. Bet the wife. Bet the kids. You're already Josh should call it. Do you have a prediction or a story of the week? Go ahead. No, I mean, the story of the week is that we've been cranking out the articles on Valtora.com slash learn to help the noobs in the space really. We've got lots of articles as beginner tags. Because I just kept on getting really newbie questions. And I think they're the ones most vulnerable in this space to dodgy schemes and investing in doge when they just really shouldn't be at all-time highs. Just because Elon's going on SNL or some crap. So these articles are really good very well. There's a lot of effort being put into them. And so yeah, I'd appreciate it. Check it out on Valtora.com slash learn. And yeah, that's my news. All right, I put out another tweet. That's how much I want you to retweet this. I put out two tweets now. Alejandro, do you have a prediction or a story of the week? Go ahead. Prediction is you know, stack your sets. Dollar traffic costs averaging, right? You know, I have to buy all the Bitcoin in the world. You can just buy some slowly. So don't worry too much about the price. Think of it a long term. If you look at if you're new and you look at it on the past, if you would have just taken a long term point of view with Bitcoin, you would have been doing well. So that's probably going to continue forward in my opinion. Will story of the week we have synthetic mining now at Poulin. So we have tokenized hash rates. Bitcoin tokenized hash rate. We just released a new patch of tokenized hash rate. You can easily mine with these these are to these represent one-trash of a real a-sick mining computer. So it's the easiest way to get into mining and it's straightforward. So if you want to look into that, check out Mars.poulin.fi. Thanks. Awesome. Also Alejandro, we have to make you do a forced prediction. When will taproot activate? So like one week, two weeks, months, what do you want to go with? I think in three to four weeks. Three to four weeks. Pretty good. And we don't have to split into two coins and half the people don't have to leave. No, no, no, no. No, no, no, no. No, no, no, no, no. That's going to happen. Trust me. You can leave it. You can leave it on me. I'll take care of it. That's fantastic. I'm looking forward to it. It's much better than the last time the upgraded Bitcoin. That was way too long. Yeah, yeah. You know, this also helps with a lot of post-traumatic stress disorder that we all have from less support. Yeah, that was, that was having a lot of. We can't do it in the upgrade unless I have to buy a hat and put stuff in my Twitter handle. I was thinking, I was thinking I'm making a hat. Hey, I'm a minor activated software. What do you think about that? I think I'm a giant. I'm a giant. I'm a giant. I'm a giant. I'm a giant. I'm a giant. I'm a giant. I'm a giant. Okay, I'm a giant. I'm a giant. I'm a giant. Instead of the military style of the UASF, you could do some kind of a peace-themed task. Yeah, like some, some like peacetime in the back. Maybe some like rapes of shit. Yeah, like the peacetime. I'm a giant. Like hippest stuff. Yeah, like the peacetime. Yeah, you can't see it. You're just talking about it. It's not. It's not. That sounds great. Well, now it's on you. You got to get us a hat. We look forward to it. So thanks to everybody for watching. Thanks for giving us the thumbs up. We should have go retweet that tweet. It's not too late. Even if you're watching later. I think we had about 80 people watching live. I don't know. The Elon Musk story is pretty popular. People like Dogecoin. But you just want one on a one on a mention. Sorry for this for this week. I'm sure you guys must have heard of it. But it's obviously with Elon and the rise of Dogecoin became the came the saga of like the copy past ERC 20 like Shibu coin and Shibu Kishu. You know, all of these different days. That was pretty fun. Dan, tell us what happened. Just, you know, people haven't heard of it. There was a Shiba in you coin. And I heard they trusted something like 50% of their issuance with Vitalik Booterin. Not to tell us you knock a moto, the invisible man. But Vitalik Booterin, like a person we've met, a person who exists in the world. How did that go for them, Dan? I think so that they gave, they gave their liquidity pool tokens, I think from UniSwap. And so basically Vitalik got a bit fed up with it all and like liquidated the lot and donated a billion dollars to the India COVID relief fund. Which is pretty much boss man level. We've got to say for you know, he was a human like shit. A billion dollars in Shiba in you coin. One billion dollars. I think after some other one called or something, apparently there was a key. So yeah, those coin copies that trusted their money with Vitalik because I don't know why. I can't imagine they had a reason. But yeah, I trusted their money with Vitalik. They said in their tokens, it's a burning them. They were like, yeah, they said they were like, yeah. Yeah, they said they were like them. They just sent them to faith Vitalik. And it's like just don't them on. Yeah, because he doesn't care about that. But I don't I do think that if the Indian COVID relief funds tries to cash in on those shit coins, the value will like don't do zero or something. You know, because there's just so much of it. Like 50% of all the tokens generated. Well, again, the guy just sees all the angles. He's probably getting attacks right off for donating the billion dollars. But when they try to cash it, it'll be like a million dollars. So yeah. Yeah, I think he's still like, it's still in the top like 50s. 26, it just came out of nowhere because of the whole Elon thing, Elongate. And yeah, and then that completely crashed him out. There was the other coins that did it as well. They gave their liquidity pool tokens. That it was just like a complete wave. If you just went with that savage. It was hilarious to watch to the screenshots on Twitter. They in their little chat rooms. They are all saying, who is Vitalik? Who is Vitalik? I didn't even heard. I mean, he's pretty well known, I think. And the really smart ones though, the smart ones got on Twitter right away. And they were like, this is good. We just donated a billion dollars to Indian COVID relief. Let's, you know, let's wave this flag. The new coin is a positive thing. This is even better than giving a million dollars to or a billion dollars to Vitalik who already has lots of billions of dollars. Yeah. It's a great line from the Simpson. The circular. It's a plan. Too much. Hardly fits on the coin market cap. It's like, I don't even know what that number is. I think it's trillion. Yeah, there's like, there's some of them like, the key she's like a hundred quadrillion. There's like hardly like, they can't even fit the numbers on the page. They're just everywhere. And they just they're popping up everywhere. Every dog. Why is Satoshi picked 21 million is because it was like the last number that you could do before they start putting that name thing and all the like, exponent thing that you have to start doing the math and that would still look nice. Something like that. But I was reminded here, of course, that you could trust Vitalik of that great quote from the Simpsons where Homer is trying to give away Lisa's elephant. And he says or Bart's elephant and Homer says, we can trust this guy because he has a lot of ivory as opposed to another man whose ivory supplies are insufficient. That was great. But I think we've gone a little too long today. So thanks again to everybody for watching. Be sure to give us a thumbs up, subscribe down below. I have a lot of interviews that I've done, but I haven't edited. So I hope to get those out and start scheduling some regular interview content on here again. So thanks so much for watching. Until next time. Bye. Bye. Bye.