The Bitcoin Group, the American original. For over the last 10 seconds, the sharpest sitoshis, the best bitcoins, the hardest crypto currency talk. We'd like to welcome our panelists, Oscar Geyser from Unchained Convention. That's a pleasure being here again in the late night. I'm Thomas Hunt from the world crypto network, moving on to issue one. Issue one Bitcoin drops below $43,000 on El Salvador's first day using it. Just like the media wanted to, the price of Bitcoin fell by more than 10% on Tuesday below the $4,300 mark. The drop comes after El Salvador made good on its plan announced in June and adopted the cryptocurrency as legal tender, making it the first country in the world to do so. They were rewarded with a 10% drop. The Central American nation had also bought 200 bitcoins, buying 200 more late Monday, and another 150 on Tuesday bringing their public total to 550 bitcoins. They're also giving residents $30 worth of Bitcoin. Oscar, your thoughts on Bitcoin adoption in El Salvador and the sudden price drop? The price drop, okay, that was from my perspective, it was far at its best. Smiles like someone didn't want to screw up, to screw up, to kill us, work, in show. But after all, it was a really small dip. I think Ben Kaufmann posted or tweeted, is it a dip for ants? In the big picture, it nearly looks quite unprofessional, design and operated conspiracy. I personally would have expected more, something like a military approach or whatever, but only like a 10% price dip, proof. That also gave Bukkala like the chance to prove that he possibly owns Diamond Hands. After all, I'm really disappointed of the Fiat regime, like the International Monetary Fund, like the Biden administration, and so on, really bad entertainment. But possibly, they already spent all their resources on creating and spreading all that COVID topic. Maybe we can see first symptoms of Fatigue, they are like good news. But after all, 550 Bitcoin, Salvador owns 550 Bitcoin overall. Imagine, I was reading a tweet, a discussion on Twitter, and they're sure to be like a Bitcoin whale in Germany, owns around a boat like he's not known in person, but he's sold on 300,000 Bitcoin. And that also gives an idea of what happens with nation states. Now they're happy to have 550, as a big issue. And even a 10% drop now. It did happen fast when it went from a single person owning that kind of Bitcoin to a nation state, like you say, and what a big difference the guy with 300,000 compared to El Salvador is 550. But yeah, I agree it was one of those, sell the news event. Somebody bought Bitcoin, they said, well, when it gets adopted as legal tender by El Salvador, that's when I'm going to sell. And they jumped right on it. They say, according to the chart people, they look, they think it might have been one person or one large whale that just decided, this is it. I'm out. And yeah, I agree. Everyone in the Bitcoin space, including it seems the president of El Salvador took it as a buying opportunity and went out there and got it. So I think it's a good day for El Salvador. It's exciting that all the people are getting $30 in Bitcoin. It's neat to see them using the Lightning Network. I would second something I saw on Twitter. I think it was maybe Dan the dark pill or somebody like that who was given the exchange is a hard time. And they said, what's wrong with you crypto exchanges? How has a country adopted the Lightning network before you? And I don't even have to target one exchange at that because they all haven't coin base, crack in Bitfinex. I don't know, bit all the other ones, whatever the exchanges are, they haven't adopted Lightning. They're way far behind. I don't know why. I think it's a political thing. But it's nice to see El Salvador. In closing, exit question, Oscar, which country will be next? We've also got Panama, Ukraine, right on deck. Take your pick. Who's adopting Bitcoin next? No idea, but I think it will be also like a small country and like Adam Beck tweeted, I think he tweeted about Georgia. That was his idea. But yeah, I think like the train is starting and we will see with smiling like the opportunity. And about Lightning, that is really like cool. That's really like great to see the pictures like from the McDonald's or like from the Starbucks. And how fast that implementation works if the people want to do so. Yeah. Great. It was great to see the large corporations accepting it so many times here in the US, we're told that oh, we can't do that or we're just part of the larger corporation. You'd have to talk to the managers manager. Oh, well, apparently in El Salvador, they got things done. They got McDonald's and Starbucks and perhaps a variety of other major American chains to suddenly accept Bitcoin. Moving on to issue two in the similar reign of Bitcoin legal tender is law tender laws. A UGov poll finds 27% support for making Bitcoin legal tender in the United States. Republicans show less support for recognizing Bitcoin as legal tender than Democrats and baby boomers think it's a dreadful idea. Looks like it's falling down on generational lines. Oscar, what do you think about UGov and the idea of Bitcoin legal tender in a major country like the United States or perhaps Germany, the UK, something like that? What do you think? We're still early. We're still early. I think most people just advocate things. They do expect any benefit from. And I don't wonder about that little number of advocates that are mentioned here. In general, the awareness of the fire, fear problems is still too little in the Western countries. I think please take a look at which politicians people voted into power in Western countries, for example. So we're still early. After all, I think of course UGov is a nice project. But I keep it also that way, like Winston Churchill said, the only statistics you can trust on are the ones you have far too far to solve something like that, especially in these days. But we're on a good way. Like 27, okay, if you compare it like maybe to other societies, it's little, but I think it's okay. Going with the classics and the Churchill quote there, I think it's an exciting idea for the United States or another developed nation to accept Bitcoin. But like everyone else has said before me, there's not that much of a problem. Credit is pretty available here in the United States. Banking is relatively available. And the currency, while it's fun for the bit corners and everyone to get excited about inflation. And certainly it's true that there is an infinite amount of cash at the Federal Reserve. And there's an infinite amount. And that's quite a lot. So it's terrifying. But it has been relatively stable. If you get paid $100 in cash, you wait till the end of the month to spend it. You don't have any problems in the United States. Whereas in these developing nations, their currency goes up and down Venezuela, El Salvador, places like that. You might actually be safer in Bitcoin. And the appreciation value of Bitcoin might knock you out. Some of the families that successfully hold on to their $30 in Bitcoin might do pretty well in the future, especially in El Salvador. Exit question, Oscar, will the United States adopt Bitcoin as legal tender in the next five years? Yes or no? I was really thinking about there was a fake tweet of Biden that said, since we have to act on all the risks and this policy, we also have to adopt Bitcoin. And it was really like, I saw that I saw that that that tweet in different telegram channels. And the people really discussed about it if it is true or not. So it's not that unbelievable. We would have thought about that like years ago. I want to join you on the overly optimistic train. But I'm afraid it would take a major crash for the United States to consider Bitcoin as legal tender. They'd have to be very desperate looking for a way out and thinking maybe if they could stabilize the currency with something like Bitcoin, they could get their way out. But we're pretty solid for the next five years. So I'm going to say no, I'm going to disagree on that. Check out WCN clips on YouTube. We've got 69 subscribers. So you could subscribe to and join WCN clips get all the clips from your favorite WCN shows. Now with cool thumbnails and short titles, check out WCN clips on YouTube and subscribe. It's free. It's free. Issue three Ukraine has legalized Bitcoin. The Ukrainian parliament passed a law that legalizes and regulates Bitcoin in the country, providing official clarity on the asset, which was not previously clear. The main purpose behind the bill seems to seek clarification on the asset and protect those who own Bitcoin as it was not previously legal or illegal in the country. Though not illegal, Ukrainian law enforcement agencies traded Bitcoin and other virtual currencies as a scam, resulting in Bitcoin businesses getting rated. Now that this bill is passed courts can properly protect individuals and businesses since it provides tax clarity and officially allows Bitcoin businesses to operate in this country. Thomas Hunt, what are your thoughts on Ukraine legalizing Bitcoin? Well, I think it's a great deal for the citizens of Ukraine and it's a contrast with Vladimir Putin's Russia, which is right next door and has also like China and so many others tried to make Bitcoin illegal. As all the Bitcoiners know that fails every time and usually it just draws more attention to the Bitcoin. So Ukraine's going in the right direction here. They are perhaps aggravating their large neighbor to some degree, allowing their citizens to traffic in Bitcoin. This could spread to Russia. This could go over the border, cross border transit of Bitcoin. So there is a risk there could be cited in future invasion documents. But for now, it's good for the people of Ukraine. It seems like a copycat like we could joke. Oh, it's just like El Salvador who cares. But this is a country. This is a country saying that Bitcoin is legal. It's a great step forward. It's great for all the potential businesses in Ukraine. It's great for the people of Ukraine. Oscar, your thoughts on Ukraine legalizing Bitcoin? Totally agree with you. And it would be nice if it not would only like cross the border to the east, that that behavior or that development would also cross the border to the west, yeah, since like we need some competition like that to the regulators and see regulators acting this way like in general is a nice thing and something like a sweet victory for years. It has been the regulator strategy to do not create, to do not create legal security for dealing with crypto. And especially here in Germany, you can see that in best practice about like ATMs, like cash machines and so on. So everything like is in the grey zone and we know we know nowadays that this is like what they're aiming for. And several countries do break with this strategy. No, it's like really like a result of a I think of a long and a hard work by our vital ecosystem. And that shows we are right on track. And we have worked several regulators already down, more to come and let's work on this way. Exit question, if Bitcoin is successful in Ukraine and businesses and people flourish, will Vladimir Putin change his mind and allow Bitcoin in Russia? Thomas Hunt. I'm going to say no on this, even if Bitcoin is successful in other places and even if it's wildly successful, we're talking a whole startup culture takes off in Ukraine, tons of Bitcoin businesses and action, the banks go out of business, even then Vladimir Putin and I'm going to go ahead and throw China in there as well, will not legalize Bitcoin, they'll not go towards Bitcoin. They've been on this stage long enough. They know the importance of having control of your own currency, which is something that Bitcoin could take away from them. Anything that could take that away, they must avoid and this goes for the United States as well. Oscar, your thoughts will Vladimir Putin accept Bitcoin if Ukraine is successful. For him and his willingness to pay the price to invade the country even more. So I say again, we lost the beginning of that. Go ahead. No, no, I think it's possibly it is the way that he is willing to pay a higher price for the invasion of Ukraine. Who knows? Could be, he'd have to pay him Bitcoin to take over the country if they do. Do you know how many Bitcoin's the Ukrainian government owns so far? I do not know. Do you know? I don't know. I don't know. But the thing I know, they started very early to shut businesses down like from O.R. Friends here from folklore, one of the biggest Russian speaking crypto media sites and they confiscated also Bitcoins and Monero and so on. So they started collecting holdling coins from other people quite early. So I think they must have, they must have like, they're holding quite more than then I'd sell the doors already. Well, let's hope they collected it and didn't burn it in a fire or run it over with a steam roller like they did in Malaysia, destroying those Bitcoin miners. Moving on to issue four, issue four, L Salvador's new Bitcoin wallets could cost Western Union and similar countries, four hundred million dollars a year. In 2020, L Salvador received nearly six billion dollars in remittances, which accounted for about 23% of its gross domestic product. President Bukheli estimates that money services providers like Western Union and MoneyGram will lose four hundred million dollars a year in commissions for remittances thanks to the country's Bitcoin adoption. Some 70% of the L Salvadorian population receives remittance payments. Oscar, we talked about this a long time ago on the Bitcoin group. Ah, Ah, Andreas was always going on about the power and the importance of remittances yet another category of payments that most Americans have no idea about. What do you think about this story that a money gram in Western Union could lose four hundred million dollars thanks to the Bitcoin proposition? This is the catastrophe like the media is saying but in fact like it's a beautiful thing for the people since they are saving money, sending money from their hard work to other people and like yeah it's a beautiful thing and yeah and I also think about like the Bitcoin experience is the best driver of that remittance like aspect. There are several like business cases who try to be on top on just like transferring Bitcoin or want to provide a layer solution for doing such services and it is not needed. If the people onboard it it is quite easy really to do so and we don't need banks anymore, we don't need these players that that remittance cartels anymore. That is the message but it's also quite interesting like that that the media is also only like writing from the perspective of that of the big industry players and that they say it's a catastrophe like people are losing money. No the opposite is the case here. Freedom of transaction has returned to these people. Well I've been mean to Western Union for a long time and I think a lot of Bitcoiners have as well and I've also offered constructive criticism to them on many occasions and I will continue to do so. There's still hope for you Western Union. Most of your stores you could probably replace with a series of Bitcoin ATMs with better instructions and manuals and things than the current ATMs. Maybe hire some people to stand next to the ATMs teach people how to use them. Some of your stores you might still need that window with the cash and all that kind of thing but in general if Western Union money gram any of the competitors can take this idea converted to a Bitcoin and now we'll just adopt the new language a lightning network solution they could send payments for cheap they could probably still take a few pennies off the people with the machine and they could survive as a business and maybe this isn't important to you Western Union. I know you're as old as telegrams and telegraphs so maybe you don't care but I really thought right up until the very end that Netflix could have used a blockbuster that Netflix could have bought them and you could have returned your videos there you could have browsed for videos they could have sold you stuff physically and we even now see that this happening with Amazon where they're going backwards and they're buying malls they're using the malls for distribution centers but Amazon is also building physical real world stores to sell you sodas and things they've built bookstores where they're selling you used bookstores so there is a need for what you have Western Union you have property all over the world much like McDonald's or blockbuster or anyone else and this property can be used to distribute Bitcoin if you don't do this every small business all over the world is going to put a Bitcoin ATM machine in their store they're going to get the couple of pennies they're going to get your cut and you're going to go out of business like blockbuster and we're going to be buying Western Union signs at close out auctions and all the Bitcoin is going to be wearing yellow Western Union shirts as a joke and they're going to be dragging around like a carcass behind our Teslas the name of your good business that's delivered telegrams and telegraphs and money all over the world for 100 years probably more unless you change Oscar exit question what do you think about money gram Western Union will they last three years five years forever quite difficult to quite difficult to to to to estimate I've never used these services but I can see like on on German streets it's there they're long cues at the stores I haven't seen these long cues before doing years and at the moment there's really like a demand for these services but but if you have a wallet if you see how easy that that works I think it can be an exponential function that that takes away their customers it's definitely going to wipe them out unless they change I still think there's hope for them they have a lot of staff they have a lot of big lake locations but we've seen other stores like blockbuster came art all kinds of other major retailers who once dominated the US and even the world completely disappear because of technological changes that they were not prepared for moving on to issue five issue five Biden's SEC is ready to regulate cryptocurrency coin base has gotten the government's attention coin bases attempting to launch a new product called lend where they would pay you for providing liquidity for their market and other people could then borrow that liquidity to bet on Bitcoin and other cryptocurrencies coin base was doing the right thing they were filling out all the forms and signing up to be a traditional and proper business that's where the SEC stepped in using the same evidence that coin base had been submitting to try to get their license and do everything properly the SEC stepped in saying that the lend product would be considered to be a security through the decades old howie and reaves court case considering that the lend would be a security and thus regulated by the SEC more broadly the article claims that this should be seen as a shot across the bow and that the Biden administration is intending to regulate cryptocurrency perhaps cryptocurrency exchanges and maybe more Oscar your thoughts on coin base getting in trouble for creating a lending product no first and let's start with another question you said are you red coin base was doing the right saying my question is did they really do the right thing asking the SEC for permission I think this is the main question that of course was my that coin base saying was my favorite topic of the week I got through that through on that through a three tweet from Eric for East and yeah what the US administration the SEC is doing from my perspective is like like a mother abusing her own child yeah this is what happens if you choose a business model that has to serve the interests of the regulators of the free act regime like being a conference host I've seen so many business models and startups acting this way and and failing this way and my idea is like a clear message to everyone can only be don't ask regulators for permission don't do that choose an approach Satoshi would have chosen like setting up a decentralized exchange or or he didn't ask the SEC for permission to create Bitcoin either so don't comply that way and and yeah I think this is the best case learning and thanks coin base for for for making it that transparent well I want to start off by once again reminding everyone that coin base is on a quest to steal everyone's business model right first it was trading then it was alt coins like cryptocurrency then it was fancy trading then it was just they just keep going they're stealing everyone's business model they finally come back to the startup that I worked for in San Francisco BTC jam we were lending out Bitcoin years ago so that was our idea you're stealing our idea you're no good at it either I agree with what Oscar is saying coin base might have made a mistake here by going the regulatory way but again this was our there are regulatory example right they're already on the rails of regulation and they're on the rails of wanting to be a monopoly wanting to have those regulations rise up protect them from other competitors and give them access to the market so they can slowly jack up their fees making all of their investors happy right they're already our example on that path and it is interesting them that to see them hit such a roadblock and then to react to the roadblock and the way they did Brian Armstrong claims he's not political claims you can't discuss politics at coin base especially when it comes to race and even fired employees who wanted to continue discussing politics now suddenly when the company's products in trouble he goes full politics he's out on Twitter attacking the Biden administration saying they're going too far asking for the communities help to save them and what a what a bad position they find themselves in I just want to contrast that with CZ and Binance who I think is taking what Oscar would consider more a direct approach more of independent approach they were in Malta Malta was going to regulate them they move to Estonia they might even still be in Malta I don't know where they are I don't even think they're in a single country right now they're claiming a stateless organization but if Binance wanted to launch this lend product and they probably have something similar or working on it now they wouldn't go through regulators they would see if it was technically possible if they can get the software to work if they can get the spreadsheets to work and the numbers work out they're going to make money they would do it and it's a big difference between the way coin base operates and it must be incredibly frustrating to Brian Armstrong who was so early to this you know regulation ideas so early to this exchange idea at any point he could have said enough I'm done with the US and he could have went the Binance way but he didn't and now he's trapped and they just keep pulling him down but he's on the stock market but they're pulling him down ask your exit question do you think that coin base will launch their lend product anyway taking on the fees taking on the legal case or will they give up and not offer the lend product for markets but I guess or I think there are players who don't have these regulations given and so even if coin base will start to implement a kind of business that can be like tunnel there's decentralized finance there's no way for like for real competition and so so I don't think they have a chance like to to succeed in that market at the moment here but it's also a question of how much violence is the regulator accepting to to to to to to sharp decentralized finance products down yeah since like yeah that's right what you said about finance but like they are also feeling I think the pressure or the the the heat the heat of of the regulation and yeah and we still have to see how how like exciting projects like Haudenville, Bluewallet etc like are evolving yeah since like most of these decentralized exchanges like the user experience is still poor or it's it's really like a ticket thing and yeah and like I think this this this case should like motivate these players like to work harder since that has really like a unique selling proposition not to go in bed with regulators. I think coin base goes against the grain here I think they launched the program anyway they get sued they fight it in court and they believe that they will win I don't think they would have gone with this public political approach if it was the other decision if they were going to try to walk away I think that they probably feel they're in an existential battle against Binance that it's all or nothing they get this lend program they get margin happening on coin base they get all the coins on coin base they copy everything that Binance does even BTC jam from four years ago and they go forward with it so it could be pretty exciting here Oscar might be surprised to see Brian Armstrong out there with the pirate hat on going around doing this but again it could get stranger Jack Dorsey from Twitter could ask for the communities help to write an open API any minute now just like the Twitter API that he used to have before he closed it down it shut down all the programs so once again open source all the way never trust these people moving on to issue six block stream to partner with Australia's Macquarie for green Bitcoin mining block stream mining the blockchain firm set on Thursday to partner with Macquarie group to develop mining facilities that use renewable energy Bitcoin is the world's biggest cryptocurrency as cryptocurrencies gain more popularity there's more environmental impact block stream is seeking to counter this by creating Bitcoin mining facilities that use reusable energy the first project will be based in North America that's a big continent could be anywhere Oscar your thoughts on block stream moving into mining and specifically renewable environmentally friendly Bitcoin mining oh talking about that green washing the green green that strategy like to to sell yourself with with green engagements like I'm being tired being a German hearing about this yeah everyone is screaming for it especially also the European banks and our regulators and and yeah it's it's nice public relation work I think for status I'm I'm not sure if we the Bitcoin community do really need this kind of engagement and marketing PR but it is fun to see shooting back on regulators and and and and fat media topics with their own weapons yeah and I don't have all detailed information like to to to really say to go into details here but that is my first impression I'll agree with you a little bit I do think that if if dirtier is faster and cheaper somebody's going to go with dirtier and they're going to undercut these guys there is a possibility with renewable that some sources could just be better like the way that a hydroelectric plant keeps going even when their batteries are full at that point they could switch on the Bitcoin miners get energy that's not being used put it into mining that'd be good the way the the sun's always on the winds always on things like this course sun's off at night but uh that kind of thing could work of course we have to acknowledge the German irony that Germany shut down their nuclear plants for the good of the environment but ended up burning more coal bad for the environment so it's a bit difficult to see how these propositions are going to actually turn on I think it's it's good for the community that blockstream is making their own asics block streams a very smart company maybe they can make better asics but I do think we need to keep an eye on them there's a potential vertically integrated monopoly here where blockstream has their own second layer with liquid they have their own asics they have their own mining facilities uh it's there was always that conspiracy by the bee cashews and the other people during the fork and the split and all the scaling drama that blockstream was a secret evil conspiracy uh but let's not forget that if they move towards vertical integration although I think it right now it's just too small there's too many other miners and the same thing for the renewables there's too many other miners there's too many other people that are going to do it anyway they can faster dirtier cheaper it doesn't matter exit question Oscar will bitcoin mining go green will the most of bitcoin mining be green in three to five years could be could be I also I also read the articles like I said we wrote that we wrote that one that that that that bitcoin goes like also for especially like for for hidden energies and lost energies and so on was a glad steam I don't know exactly but but that that that sounds quite quite logical for me or to me and of course I think like bitcoin is some of the smartest and most innovative brands and we are like I think the core community is really like from a from a from a sustain has a sustainable perspective that is what that is why we are in bitcoin and that totally corresponds with approach like to to choose the best sources of energy like to run our network and for that reason I can quite optimistic that that that we will that we will find the best ways given to to to run the network a lot of the times we all just say that the problems with bitcoin are fud and they're fake or whatever but if you look at the scaling debate scaling was a problem we had a debate and we solved it I think everybody kind of agreed and on imid was the next problem to solve but it's looking like because of media pressure maybe we'll also have to solve the energy problem as well I agree with Oscar I think we can continue to mine bitcoin using cheaper energy using more renewable energy but at the same time everyone's going to keep mining it anyway it's like the goose that lays gold and eggs everyone in every country is going to want one and they're all going to wire them up to whatever power system they have whether it's coal or nuclear or anything right they're just going to burn that energy similar to the larger environmental debate the larger problem of China and inner and India being developing nations using a lot of energy building inexpensive cars and things that pollute more the same thing for bitcoin mining the same countries the same imbalance between many countries will naturally lead to these countries doing dirty and cheap mining the question is if there's a subsidy or something that goes in and pays them to do better or protects the industry in some way I don't think will go as far as software to say whether the bitcoins are green and clean or not but I'm not I'm not saying that won't happen so we'll have to see how it goes I think that's it we made it through all the issues everyone check out the WCN clips channel you can subscribe to WCN clips on YouTube just google WCN clips we're going to go to predictions or story of the week Oscar are you ready with a prediction or a story of the week I take whatever you choose you have to say something so is there anything going on in your life I know you're working on a nightclub is it open do you have any we have opened that one month ago but in fact like we are we are like we are like deputies know so we have to check like the personal ideas of the people and so on so that's quite really tough that is also the reason why we postponed our conferences yet because we think it it cannot correspond with the philosophy of like of of a bitcoin event that people go on enumos to to a place and and so on and so on so yeah tough times yeah but but everything is okay yeah I think like we we have we have started like to to hold and don't trust the government about like or being independent been from an economical perspective being independent and now we have to we have to convert that hold mentality like on on other aspects of life and and socialization yeah and doing business and yeah we have to we have to keep a long breath but if we can't do so we as being like all us like where should we do well for for me this week has just been all about Kerio cards as you guys know Kerio cards are going to be sold by Christie's auction house on October 1st so everybody in the community is really exciting excited about they've been putting out some great tweets I put out a fun video yesterday that I edited together from the Hugh Grant movie Mickey blue eyes fun movie and I I went ahead and I thought about that classic quote from Heist and I said well what would someone smarter than me do and I made an NFT of the video that I made to advertise the NFTs that I made four years ago so how fun is that you could buy the NFT I think it's like 500 bucks you would own it you could probably do what everyone else does turn around list it for a thousand bucks see if it sells I don't know I'm also putting out some photography NFTs I'm having a good time with that a lot of these are on my open-sea account open-sea slash mad bitcoins something like that and I've also put out some NFTs this week on Rare Toche that's the Bitcoin NFT platform that's run using liquid Bitcoin again block stream but it's a great little platform they allowed me on there and I'm selling some mad bitties there's this great project in there called bitties you should go buy the bitties they're fantastic they're little pixel art of Satoshi pixel art of way die or Adam back or David Chalm bunch of early bitcoins and I was like wow those are so cool is the name of that projection is called Rare Toche might be able to bring it up here but I really want to show the hashtag bitties because these were just so cool so I went out and you know I tried to bid on them and get some on search engine is less than satisfactory uh bringing me up everything okay guys it's one way to go okay here we go I scroll down forever it's a very new platform we all need to give them time to grow but these are the bitties and these are on the liquid networks so they're similar to Bitcoin they're on Bitcoin so sidechain or a second layer of Bitcoin and I just thought these are so cool but that they were missing something so I went ahead and made them into the mad bitties here you can see some of the mad bitties and I just thought they're fun and I wanted to bring attention to Rare Toche and I want to bring attention to the other artists on there so I sold these for I forgot something like a hundred bucks a piece and somebody bought a couple of them and they're trying to list them for a hundred K so I don't know how that's going to go but check out Rare Toche it's a great little NFT platform for Bitcoin and they have a lot of Bitcoin art on there you can get your Bitcoin avatars this really nice one it's like a citadel on the back of a space whale reminds me of a doctor who episode but yet check out Rare Toche from the guys at Block Stream not a plug I'm not paid to say that but I think it's cool and they let me on there to make some art I thought that was fun I also I'm trying to sell some of my pictures on there of early Bitcoin stuff that I have an early Bitcoin things let me see if I find one of those in the big scroll and again I you know you can buy these if you want their NFTs I think they're fun but here here's one of them you can see on the right there mad bittcoins Lego art pretty cool so I made a Lego art of me back of the day and I took a picture in 2014 here you can see me wearing my first Bitcoin hat in 2014 the original mad bittcoins concept art a picture of my first Bitcoin hat I don't know I think photography NFTs are the next big thing but we'll have to see how that goes and in general I'm just super excited about Curio cards the whole NFT community people collecting things people that like art people that want to buy art and flip art it's great either way it's super fun and I'm looking forward to Christie's Oscar I think that's about it anything else you want to say in closing it's your audio stops right away but then it goes okay go ahead yeah yeah no no what's a pleasure like like every time I will just take a rush into look where ratoches yeah I'm really really excited like to especially to have a look for the mad bitties and here yeah that's but that is of course that is incredible like I also I I bought like a like a collection of cards I think in the middle or at the beginning of the year from from Theo Theo Whitman's auction and it's unbelievable what it is worth now I think one of these cards like when when when when an open sea like I just spend at some parts like but now for 15 ether and like the community is saying you have to I'm believable yeah but I'd like to convert to convert it like that you can put it like an open sea or something like that I really have to spend like two to three full-time days yeah to get really like in inside it so we are still early even with NFTs we are still early but it's exciting of course and and the NFT is yeah like people around me like I'm talking about NFTs they don't own any bitcoin yeah but they started with like with their with their with the basketball cards and so on and that is also like it not we should not underestimate the power of that and NFTs also as thriving forces for also for all purpose yeah yeah and shout out to Theo Goodman Theo was incredibly early on rare pepays he told us all about it I thought they were they were cool but I didn't buy any I didn't I didn't really listen it's just like bitcoin everyone tells you about it but you don't buy any now you're like gosh I wish I bought that bitcoin same thing with the rare pepays they're doing great now and it's just been fantastic to see the way the at first I wasn't sure NFTs were real because I thought it was just people buying their own projects and pumping them but then as it got out there and it got all the way to Curio cards to Rare Pepe to Spells of Genesis all the old projects that I always liked are being appreciated now by these new NFT collectors and I'm more and more I'm like NFTs are real that means and then it goes crazy it's all concert tickets and collectibles and all kinds of fantastic things that will be made in the future access tokens everything that NFTs can be so we don't usually talk about all coins here whatever but they're also on bitcoin now they're on Rare Toshi they're liquid so it's there for everybody now you don't have to be platform specific but I think it's super fun that artists can make money and that NFTs exist and with that I think we're gonna end the show so until next time bye bye bye