The Bitcoin Group, the American original. For over the last 10 seconds, the sharpest Satoshi's, the best Bitcoin's, the hardest cryptocurrency talk. We'd like to welcome our panelists. One arc from Ellen Bitts. Hello all. Dan Eve, the crypto raptor. Drop Bitcoin, not bombs. And I'm Thomas Hunt from the world crypto network. Moving on to issue one, issue one, nuclear war. Russia ceases Ukraine nuclear power plant as it forces, as it forces lay siege to cities. Last night, there was an incredible event as Russia was attacking a Ukrainian nuclear power plant. At one point, it looked like there was a fire, a fire at a nuclear power plant, the largest nuclear power plant in Europe. Such a fire could have caused a disaster similar to Chernobyl spreading a cloud of nuclear waste and dust around the European continent. Fortunately, or unfortunately, Russia seized control of the nuclear power facility and presumably will not light it on fire anymore. Ben Ark, what do you think about this new breakthrough in the Ukraine war where nuclear power plants are now seemingly legitimate military targets? I think you can, to a degree, set nuclear power plants on fire a little bit and they're okay these days. They're a bit more resilient in Chernobyl. I think they've accounted for that. The reporting was interesting because the Russians reported that there was Ukrainians who lit the fire and then the Ukrainians reported in the Russians. Clearly it was the Russians because they were the ones who came in in the Kyrgyn. When you actually saw the buildings which should be attacked, it looked like more than a fire to me. I just feel sorry for the poor civilians who work at that power plant trying to keep the thing safe and stable and going while there's all this conflict happening around them. It's always going to be a major military target if you can take out the countries, take control of the country's power, don't have their power sources early on and that's something we're going to try and target. Obviously the conflict is absolutely horrendous and quite terrifying. I think more and more people are talking about this war becoming potentially a nuclear war and with Putin the way he is at the moment and it's a possibility that nuclear armaments will be used but I do think that the nuclear power plants nowadays are more resilient than Chernobyl so it should be fine from now. I hope Crossfingers. It does seem about 20 years ago Ukraine gave up their nuclear weapons voluntarily and while at the time it was heralded as a sign of peace and even with the start treaties going on the US and Russia both reducing their nuclear arsenal at the same time only to change their mind and build all new nuclear weapons. It almost seems like nuclear power needs to be coupled with nuclear weapons so that you can't be invaded so we can't have one of these things happen. The press was absolutely breathless last night watching the audacity of this attack. Obviously Putin wanted to control the power plant, control the power at all costs not just cut it off at the town or later on on the lines but to have the actual nuclear facility in the same way that he took Chernobyl because he was worried about the Ukrainians blowing it up in his backyard causing a nuclear disaster something that he would likely do but his opponents wouldn't do. It just seems like poor Ukraine has nuclear power, doesn't have nuclear weapons, they should always be paired together the same way that you're rook guards your king after you castle. Dan Eve, what do you think about attacking nuclear power plants in Ukraine? Well, from an objective point of view it's kind of a logical thing to that nuclear power plant specifically. I think it's the biggest in the world right and it's like 25% of Ukraine's power which is a huge amount. If you get control of that and things get nasty and you can start shutting down the power and kill the will of the people, you take out the power and you take out the other facilities like water from a war perspective it's a nasty thing to do if you want to try and beat your opponent on the mental level not just the physical level right, you know, take away their power, take away their water. But yeah, I think it's just it's almost I always think it's a good thing that Ukraine doesn't have nuclear weapons because they could have been brought out by now right so there's still the way I see it is there's still a chance to deescalate this tension before the nukes come out. There are, I mean I was looking a minute ago and there's already reports of kind of rockets on the way to Kiev and not just this huge, apparently 60 km along convoy but actually there are rockets in action at the moment on the outskirts of Kiev so that's not sounding good. I think there was, I can't remember who it was but someone who senior in the Russian Empire was saying that essentially regards to nukes if there's no Russia, there's no Soviets, there's no world, you know, and that's a very worrying thing. It's like it's the, even if we lose, we'll lose by taking out everything and that's obviously it's a bad idea to have. There's more than just Russia and NATO as well, obviously there's loads of other countries in the world that would be affected. So it's just scary to know that people have so much power. I think there was the quote was something like all that there was 500 nuclear warheads on submarines alone which is more than enough to take out the world and that's, again, more scary thoughts of, you know, repeats of the Cold Era, the Cold War era where there were, you know, these real close encounters, the codes almost got, you know, the codes almost got run through and like we almost hit nuclear disaster but it was for, you know, we're lucky that someone didn't have something with them at the time or whatever and it was de-escalated before then. There was actually an issue, you know, there was no issue, there was a miscommunication or something. And that's, I think, the scariest part, right, is that there are a lot of sensible people in but if something happens that a miscommunication happens, it becomes a domino effect, right? When the newt goes off then the other side thinks, right, shit, we've got to fire our nukes and then the other side's like, right, there's already nukes in, we don't know where they're going yet. So we're just going to fire ours to wherever and it becomes this mass kind of domino orgy of nukes and yeah, it's a real scary thing. But there are some funny things coming out of this whole conflict. You've got to see the funny side, in certain. Okay, so Ukraine tweeted, I watched it and it was, it was, Tom, you actually brought it up before the show, but we were just chatting about the Ukrainian lady that approached the soldiers. Now, I'll let you tell them that they're the actual main part, but I've got a screenshot of the official Ukraine Twitter account and some lady with a video with the caption, stupid seawirt. And like, you know, this is the official Twitter account. So it's almost a no-holds bar affair, right? You know, there's everyone's, they're on the social media. It's a war of disinformation, misinformation and information and, you know, it's, yeah, there's just a lot of greatness going on right now and it would just be really nice if everyone just calmed down. We put the nukes down, had a conversation, maybe pulled some tanks back. But if you are a new Ukraine, if you haven't already heard this, a good bit of news is that if you confiscate Russian tanks, you don't need to declare them on your tax returns, apparently. So there's good coming out of it. They also say that Ukraine is launching its own Dow, maybe selling some tokens, maybe some NFTs and of course they're accepting Bitcoin and Ethereum. So there are lots of funny things going on. But I agree with Dan. It's that threat of nuclear war, especially the nuclear weapons on the submarines, which could hit anywhere in the world, anywhere in America that is probably the reason why America, NATO, the world, whichever one you want to pick is not invading Ukraine and standing up to Russia. Now Gary Kasparov, chess, grandmaster, politician now, made some incredible points on his Twitter this morning that if you don't stand up to Putin now, it's going to get worse later. The kind of lessons that he's gotten in Ukraine, even though there has been fierce resistance from the people and I think that'll continue, it hasn't convinced him not to do this. So if he's going to roll into Estonia, Latvia, Lithuania, all these kind of countries everywhere that used to be Russia, Prague, Czechoslovakia, Slovakia, Slovenia, all the countries down there, he's going to roll into all of them because nothing stopped him here. And I was talking to my roommate yesterday, watching this, just the economic disaster of this, all these buildings that used to be buildings, people that used to have jobs, everything destroyed this husk of a competent country, even the nuclear power plant, like look at all the power they were using. They must have been doing something. Now they're doing nothing. Putin is not gaining any economic advantage here. It seems this is all about reuniting the Soviet Union because that's the way he remembers it. Ben shaking his head. No, it's not. There was an article that was written before all of this that was leaked because it was on a schedule. And in the article, they again, they exposed the truth of this that they just want to get the gang back together and look at Belarus and Russia working as a team to attack Ukraine. This is good old days. This is the way it ought to be in Putin's mind. No. I'll have to discrease you on that one. The whole Ukraine conflict is based on Ukraine joining NATO. And then the US, Russia, maybe slip up then, Russia perceiving a threat of US encroachment towards their border. It's not about reuniting like the USSR and all these countries which broke away during that time. It's about the neutrality of the Ukraine. The answer to our fact is kind of put it well, which he said that the only way this is going to de-escalate effectively and quickly is it the US and Russia both back down. So Russia got out of Ukraine and Ukraine swear a pact of neutrality and it will remain neutral. Which is not going to happen because obviously there was sovereign nation and they want to join NATO and that's fine. But in the perfect world, politically, that would be the thing which would need to happen to stop this conflict from escalating. Which is quite terrifying because this conflict will escalate. And nuclear war is it. So each in the UK we have our submarines, our nuclear submarines. One of those submarines has more firepower in it than all the firepower which was released in the entire of the second and first world war combined. So the amount of, when we talk about nuclear warheads now compared to the sorts of nuclear armaments which we've seen deployed in somewhere like the second world war, they're so much bigger than they were and they could cause so much more damage. And it's an absolutely terrifying concept for humanity for us to go down that road. Putin is the man who could make this thing happen. But I mean, going back to the taking out the energy grid, this is a good argument for working against central points of failure and why we need to kind of devolve all power from government. So we take energy production, make it more local. This is the sort of anemic anarchist argument. There's only so much they can do if you take their power away. So if you could literally have your own solar panel array, like build your own energy systems and then if the Ukraine had that, if the Ukraine would come all completely off grid and self-sufficient, then there wouldn't be any nuclear power plants to go in and attack. So that's hopefully where eventually we'll end up if we manage to not blow ourselves up as humanity doesn't manage to blow itself up by this type of conflict and all these nukes which everybody has. He's definitely like shown that he's not happy with NATO being right next to Russia. I think there obviously, I think there is a part of him. He's an XKGB. So he's probably got like kind of the old USSR vibes in him. He's an incredibly steady dude. He's a proper sort of state XKGB. Look at the apartment bombings in Russia, which was so excuse to go in and very church near. There's a good body of evidence. This is why Lifan Yanke was killed. It's a good body of evidence that they actually deployed those bombs and those civilian apartment blocks and killed their own people as an excuse that they could go in and cause the church near war. That would have been directly put in Putin's decision. So he's a very scary bloke and I know I should take him too likely. I would urge everyone to watch Putin's address to Russia at the beginning of the conflict. His half hour address to Russia. When you watch that, you think from his point of view what he's saying makes sense. He talks about the US and not needing much of an excuse to go into places like Iraq and then compares that to the future. Those things equal is the US entry into Iraq equal to the Russian entry into Ukraine. He's basically going to go into the country. I don't think they're basically I disagree with his. He's gone and done the same thing with his excuses to stop the US from doing that to Russia. So I disagree. I think that it's the paranoid. It's the insane. It's if you'd stolen $600 billion from a country and you were feeling bad about it, that's the kind of guilt I think you'd project. And again, he's hollowing out Ukraine. Ukraine was an economic power. People had jobs in work. There's no jobs. There's no work there as good as peasants in the field. Now, if you like that kind of thing and you like a country full of peasants in the field and you're maybe looking backwards and romantically imagining when it used to be that way, it's that way again. Like they've ruined this country. I think you're doing a huge. Yeah, so just dismiss the dude as a completely unetic and wanting to bring back the US is I think you're you're doing a discredits. So that's what the article said, the article was to be leaked that they took up and put up and took down. It was very clear about the stupid west and the powerful east. But I think this is then there's an element of that, but you know, he's very, you know, that's the element that's about protecting his own backyard and putting NATO, you know, getting Ukraine who were kind of, you know, they're not in the EU. They weren't in NATO. They've now signed for both, they're trying to get, you know, into the EU quick. So, you know, I think that that there's logic to it, right? But what's interesting is that like isn't the US still buying oil and enriched uranium from Russia? So they've provided all these sanctions, they're confiscating stuff all around the world. Yeah, they're still buying oil and enriched uranium from Russia. So, you know, there's a lot going on under the table that there was a, yeah, there's a few MPs in the UK parliament and like when Boris was saying, you know, they completely condemned Putin and Russia and the actions against the Ukrainians. And then there's a few MPs were like, can we still get the gas from them? It's okay. And he's like, no, we can't. Yeah, we can't. You know, so the stream of that is an attempt to intertwine with them economically, like the Nord Stream 2 pipeline, the idea with both China and Russia that we get enough economic links on the US, what we won't be able to go to war. And that's always been the goal of the US, on the US. Sure. And we all build the other things. And even now, immediately when the war started Finland and others to country started cutting off Russia's supply of rocket materials. So now they can't make any more rockets because they don't have any more materials. So it happens really fast. And unfortunately, I think his pure brutality will carry him through and his ability and willingness to slaughter hundreds of thousands of people will win him the territory. But again, it's a hollowed out territory with no business, no economy. He's got a nuclear plant now, which is nice. But tons of dead people now they have Molotov cocktails, now they're fighting underground. I don't think it's an easy conquest. I don't think it's a successful conquest, unless it's conquest for conquest's sake, which is what it seems to be. As they article said, this was a generational question that Mr. Putin chose not to leave to a further generation. His idea being that if he left power, this Ukraine question would not get solved. Therefore, he must solve it now. The dreams of a 70 year old man trying to close up accounts on his borders. And he's right. If he hadn't amested with this, it probably would have been peacefully solved. There wouldn't be this destruction of the economy of Ukraine, the destruction of the economy in Russia with the sanctions kicking them out of swift. Just series of totally unnecessary destruction caused all over the place. And again, the thing with last night, somehow I mean that nuclear destruction thing, we're not willing to go to war for hundreds of thousands, perhaps millions of dead civilians. But we are kind of willing to go to war if you're going to blow up a nuclear power plant on purpose to cause an environmental catastrophe. See that they interesting kind of fine line that the nuclear question gives, like that they were, I mean, we were pretty much like, is there a way that we could go in there and surround the power plant, you know, just because that could cause a problem. Meanwhile, like a million civilians over there, like not, we can't surround them because that could cause another problem. It's a very disappointing state of affairs for the world. I think everyone's trying to contain the conflict because as soon as Russia has conflict, any sort of conflict with NATO countries, then it will all kick off on you and go with the world war. I mean, I'll want that, including Russia, they don't want a world war. I urge you, if you haven't listened to it, listen to Putin's half hour address to Russia, because then you'll see his point of view and you'll see that this isn't some lunatic trying to just bring back the USSR. This is someone who is the Massachusetts players, you know, is the reason there's a reason within 20 years he went from like an unemployed KGB officer to one of the most powerful people on the planet. So yeah, but funny thing is it's hard to find. But this is the speech which started the war and potentially the third world war, which is actually quite hard to get hands on, but have a look for what you'll find at Putin's address to Russia. And you'll see from his point of view, what he's saying about how if Ukraine were to join NATO, then I mean, the worry is, I suppose, that if you have a big empire, it's called a slippery slope fallacy. The worry is the worry is the worry is the man has a paranoid slippery slope fallacy and you're like, I buy it. No, no, no, I'm not buying it. I'm just saying. Like this is you need to look at both perspectives in order to, you know, anyway, so objectively and not just, you know, characterise somebody. So the worry is that if you create a comparte of NATO and then if US loses its control and loses its superpower, which it has, and then it has some bad economic problems, then it may make sense for it to then start to try and encroach in on Russia or cause some conflict itself. That's his point. That's what he thinks. I mean, you're not saying that's going to happen, but that's what he actually thinks. And what's the, what's the video? What's the address? And then I remember when Saddam Hussein invaded Kuwait and he said the same kind of thing Kuwait was encroaching on his territory and there would be problems in the future with Kuwait. So Saddam Hussein settled the Kuwait question. We just don't allow this in Europe. Not since the Second World War do we allow larger countries to invade smaller countries for arbitrary reasons? Is that just for the United States to do? Not bad, man. He had like some stand in his bed and he was like there is sand in my bed. I must invade Ukraine. So when the same thing happens in Latvia, Lithuania, it already happened in Crimea, it happened in Georgia. So we're up to the third one. So we're pretty much, we did it in Iraq. In recent, here in St.IN, I know real reasons for watching so much Putin television. No, it's the ideas of invading in Iraq. We can't leave your subscription to Russia today. It's pretty hard to use the subscription. He also invaded, we England and, sorry, the UK and the US. We invaded Iraq and found a grounds. We just wanted that oil. Both the Soviets and the United States and faded Afghanistan. I like wars from the past are fascinating, but here it was. It wasn't a war from the past. He invaded Ukraine for no reason. He went into those two republics. He said they were breakaway republics. Then suddenly two days later, he was attacking the country from all sides. It's one of the long-gathered, the reason was he wants it back, because it looks good on the blob. Remember what the blob used to look like? The big pink blob that had spread out from everywhere, has Siberia and everything? It looks better when it's bigger. I think we need Germany to build up a massive army and go marching through Poland and to take on the US. They saw. There was actually a legitimate news source where they said that Putin had waited until Merkel left power to do this, meaning that Putin probably thought Merkel might check him on this. While the German response has been very strong, sending weapons for the first time in their history, it hasn't been sending troops strong. Maybe Putin thought Merkel would send troops. She's about us. Go, bless her. Yeah. Yeah, that's his resting. Well, that's what Kasprov was arguing for. You guys got to check out the Kasprov tweet. It's on the Madbit Coins Twitter account. There's a whole string of them. And basically Kasprov goes through the classic dictatorship argument where we didn't stop him in Crimea. We didn't stop him in Georgia. We're not going to stop him in Ukraine. So are we really going to stop him when he rolls into Estonia? Oh, that's not really Latvia, Lithuania, Poland. It's Prague. Check all these places. You want them back? I like the latest tweet or article from Babylon B taking the piece out of all the other sort of the company sanctions. And they're saying that Russia has now been removed from Apple Maps. And it's just been replaced with the intertheistic education. But it is interesting. All these Ikea, there's lots of companies that are now taking their services out of Russia. So it's going to be hitting them pretty hard, like the average person. But what's sad is that if you're a Russian living outside of Russia, and even those living in that are powerless, there's a lot of people that are reports of people taking businesses that are being beaten in and stuff like that, which is a pretty easy thing to do. Obviously, what's bad, that's happening is bad. What's happening in Ukraine? Some companies have some huge factories in Ukraine. And Ukraine are actually the biggest export of sunflower, which is very important ingredient for a lot of production lines. So I think the whole world economy is going to suffer from this conflict. And as well as the sanctions on the Russia itself, it's also going to impact us, because obviously, Russia is a huge export as an energy, for example. I think the central something of Europe's energies originates from Russia, something crazy. So yeah, we're all going to be impacted by this. There's also a major crisis in wheat. Ukraine produces most of the wheat for the Middle East, and there's definitely going to be bread shortages and so on. But we could just let the people eat cake, right? Moving on to issue two, shake shack is offering Bitcoin rewards for customers using blocks cash app. Yes, you can get 15% back on your burgers, hot dogs, shakes, and fries. And more at Shake Shack. Isn't that nice? Dan Eve, what about Shake Shack offering this incredible offer? There's also word. I will just talk about Shake Shack first. Then we'll talk about Lugan. Good, Dan. What about... I think it's awesome. There's always been this fantasy. I remember like, I think Starbucks was kind of was picked as one or one of the big sort of chains where it would, you know, Bitcoin could be pitched as a reward for, you know, a cashback reward. And it's a great way of getting people into Bitcoin, right? Especially, you know, when they're like the thing that I, that got people into Bitcoin, you know, when I've shield it, is you give them some Satoshi's and then you watch them, watch the price go up and down and get excited and they jump, you know, it's like pushing them onto the roller coaster and helping them onto the roller coaster. They're consented to go on roller coaster by downloading an Apple Webber. But this is a great way of doing it. So it's like a risk-free way, you know, you go to Shake Shack, you buy whatever it is, you have their app, you get Satoshi's, and you take a seat on the Bitcoin roller coaster. And then you start to learn about it, then you start to know about the hard money and all the other, you know, the own confiscated bonus of Bitcoin. Obviously, if you're owning your own private keys. So I think it's a, it's a great thing. And again, any, any nationwide rollout of something that's accepting, not accepting Bitcoin, but, you know, giving people Bitcoin is a great idea. The, the I could didn't say anything about them accepting Bitcoin, though, right? It didn't say that you can... It did say that this is going to be kind of like a test, just to see if you want to accept Bitcoin. And so if a lot of young people that target dynamic go there and get a lot of Bitcoin rewards, I'm sure the company will be waiting there on the other side to take those Bitcoin rewards back for some delicious burgers and hot dogs. Very sensible, yeah, yeah. No, definitely. They're testing the water as a big company. They don't have to put, you know, put themselves at risk too much by accepting Bitcoin right now. They're, you know, a lot of these companies, they don't want to be seen by their shareholders to be putting, you know, Bitcoin's still known as this nefarious thing, right? It's still known as this. It still gets called by, you know, what's his name? Charlie Munga, Minga Munga. Minga Munga and the other crew, the old school crew still call it like, you know, rat fee season, all that. So it's difficult for a company to dive in whilst, you know, relatively respected people of the old system are still dissing it. So I think, yeah, great. Go for it, Shake Check. Epic little move, I think. And yeah, we might see some others doing it as well. Ben Arck, do you want some rat fee season on your burger? Isn't like I couldn't work out whether it's just like some sort of, how much involvement Shake Shack actually had. And it's not just cash up. And part of like with a block cash card that you get this 15% Bitcoin back every time you make a purchase in some companies, such as Shake Shack. And then somehow this has just kind of been some press has been piggybacked. I agree. I was really, I was impressed with Coinbase's reporting here. They put the word report on the article. Then they took the word report off. I'm very surprised they didn't use the word breaking in the headline for this kind of avar lingus, this kind of infotainment. It was, it was a beautiful distraction. It was, it was wonderfully, wonderfully paid promotion. So what it was and do you think it's just a case if like people reporting on other people's reports and there's not too much substance underneath it? Like if you actually said to the Shake Shack CEO, oh, you're not giving Bitcoin back as a sat spot for people making payments. Would they be like, huh? What are we? Are we just sort of partnered with those guys and that's something they do? Yeah, I don't, I don't even think they'll be a sign at the store. I think this is an internal cash app promotion that's been written up into an article. Oh, Seth. I think it's a great distraction from nuclear war, right? Like Shake Shack, nuclear war. You were picturing the burgers and the hot dogs and hamburgers. Just, just, just, just, just, just, just, yeah. Shake, you know, that's, that's, that's cool. I mean, sat spot is a very good way to people first engaging with Bitcoin. And, yeah, the lock cash card giving sat spot school. They're not real sat, I suppose, because it's just little database flips in their database. So take them out. If you can, I don't know if you can from the cash shop, isn't that, isn't that hard to take this? That's how I think it is. Please play around with this software more. They probably go into your account, but pop quiz. If you got a coin base card and coin base offered you 1% back in Bitcoin, or 4% back in stellar, which would you take Dan Eve? I'd say the, well, okay, it depends on the conditions, right? Because I'd take the 4% back in stellar, and then I'd sell it for Bitcoin. Boom. Fish, fish, posh. Yeah. That's exactly what I did. Ben, how about you? I would do that too. It's good idea. Yeah, sell it for Bitcoin. I figured there's no way the stellar can go down enough in the time from where I don't have it to when I have it that I couldn't flip it for more than 1% to 2% of Bitcoin. But that's a true story. If you get the coin base card, that will happen to you. And you'll be like, but, but, but, but I'm a Bitcoiner. And then you'll be like, dammit, I'm earning returns in stellar. Did you, did you, what you did that you did that thing and then you lost money because you didn't sell it in time or something? I haven't done it at all yet, but I did get the card. And then part of the card was like, oh, you get your Bitcoiner rewards. And then they were like four times the rewards. Yeah, yeah, yeah. A big, big fan of stellar, I guess, closet stellar user. Moving on to issue three, Lugano, Switzerland will make Bitcoin legal tender. Following the footsteps of El Salvador, literally quoting them and directly following in their footsteps in an attempt to increase their GDP and tourism as the GDP and tourism of El Salvador increased. The city of Lugano, Switzerland, famous for the Olympics, is now accepting Bitcoin. They're going to have a convention and they're going to try to launch some bonds. They might not have a volcano, but you get the idea. Ben, Ark, Lugano, Switzerland, the new home for Bitcoin or following in El Salvador's footsteps almost exactly as if the music man had been there. Yeah, no, I mean, I've been to Lugano and it's a beautiful little town, like Saitown. Got a lot of money. A lot of money, a lot of Italian money ends up in the garden. There are lots of little banks. So they've got some sort of interesting localized financial stuff going on. So it's a good thing that they're all having contact with Bitcoin because they are going to try and make the whole town Bitcoin friendly. From what I hear, there was, I reached out to a local, but I wouldn't say who that is because I don't want to dox them. But a Bitcoin everyone knows and loves and then tried to get the inside scoop. And I think the, I'm just saying that just because I'm not, I'm not sure whether everyone knows where they live. So I don't want to say where they live because they live near that region. No doubt a possible Swiss banking tie-in. They were going to allow, was it taxes to be paid in Bitcoin and then also for real estate to be paid for in Bitcoin. But I think it, they saw all the great ambitions for what they were going to be able to do with Bitcoin. In fact, I could, I could quickly, let me, clearly lists bar as the number one thing. I'm looking at it. Yes, but I like that. It's just bar. I mean, there are a lot of bars in Lagana. It's part of the old Hoads Savoy region, which is, historically a very rich region of the world in the upsets. Very pretty. So originally, the city would have accepted Bitcoin directly for any entry, taxes, fines, etc. They've got a, they've got a, Lugana, Shitcoin. And they were going to, they were going to get rid of that with this new thing. They were going to announce a 10% of treasury, 60 treasury in Bitcoin. So they were told 10% of the city's treasury in Bitcoin. And then they were going to create bilateral deals to onboard 99% of local merchants. So they were going to get almost everybody onto Bitcoin. However, that all got clawed back. So they're not killing the Shitcoins. There is still a Lugana Shitcoin going on, which is the shame. They didn't mention in this event anything about the 10% of the city holding their treasury. They're holding 10% of their treasury in Bitcoin. And I imagine the Gana has a big treasury, because it's a very fancy little town. And I think they're only, they've only, well, they, I mean, they're only, but they've, they've made deals onboarding 200 local merchants. So not the 99% more, probably like a few percent, but it's still, it's not bad. You know, still positive net positive, I would say. And a good, a good place to start from. They are in the article as well. It did say that they're going to, they're building relationships with local academia, which is great. I want to see more of that. I mean, I'm part of the reason we built Alan Bitson Python, we're most to try and make it more accessible for students when they want to like experiment and build on top of, of lightning, Bitcoin, lighting stuff. So no, I'm, I'm, I'm, I'm generally quite excited about it. I think we should go there. They're having a, another conference in October, where I think they're going to sort of readdress how it sort of worked out. So yeah, I'm going to really, I'm surprised I want to have more coverage of this in sort of Bitcoin Twitter. I'm not sure why you kind of got overlooked, but I think it's a pretty big deal at this very wealthy little town in Switzerland, which has a lot of this Italian money in it and has all these little local banks, safe haven type banks and it's now becoming very Bitcoin friendly, because it's quite a, yeah, it's quite an influential little town. And I look forward to traveling to it and spending some sats in in bar. It certainly sounds like a nicer place to visit than El Salvador. We could also check out this Simpsons clip I went ahead and pulled up the actual clip this time. Here we go. And with money, it's like a mule with a spinning wheel. Don't know how I got it and dang if he knows how to use it. Yes, it's an exciting event, I suppose, but it does just seem like they're following on. There was already great Italian city of Bitcoin from years ago and they tried to, there was, there was suck as well. Socks in Switzerland, they're shit coin, Folly of shit coins. Isn't that that's why I say it? I like how they, I like how we can support them and applaud them and it's like, it's great. They're doing Bitcoin, but they're also doing a shit coin. And then it's like next week, they're doing it. They already had two weeks now, they're doing NFTs. And it just, it just seems like a town that's read the tech newspaper is following the new tech trends. We got the new XR7s in boss. We're going to mind for some Ethereum next week. I think it's, I think we're in a different, so when sucks up, I mean, we're in a very different landscape culturally and technically, technologically. And the very fact that they call it plan B means that it's going to be kind of hard to escape from that and go shit coin here. And the Laguna coin, I think was already there. So the idea was to try and kill it with the Bitcoin, but they're not killing it. So I don't think it's going to be another shit coin, Vali. I hope. So what they only need to do is make the the shit coin backed by Bitcoin and then have some kind of an accounting thing like X where you have to lock up your shit coin for 10 years. And then if it's Tuesday, you get to cash them out, but only every other Tuesday and you have to stand on one foot. There are a lot of rules. Dan Eve, a town in Switzerland is taking Bitcoin. You can even pay your taxes and your speeding tickets and so forth with Bitcoin. Your dreams are coming true. I think it's a cool idea, right? The, I think, Zoug has been accepting Bitcoin since 2020 for taxes, but obviously not accepting it as legal tender. But obviously there's the LVGA, you know, city shit coin or shitty shit coin as South like, I do would say. But also, they're also making USDT illegal tender. So it's like making a shit coin of a shit coin, a legal tender, which is a bit odd, but obviously, you know, other than they've probably got some payoffs from from Teveta kind of helps out the infrastructure. So, you know, why not? If it helps promote Bitcoin, that's the, that's the main thing. It's a small town like 60, what, 64,000 inhabitants. So it's kind of a nice little test bed as well. And they said they're going to get into the mining sort of, the mining. So it wonder, I don't, you know, wonder how they're going to do that, whether it's going to be like, I don't know, but maybe solar panels rights on the mountains. There's always mountains in Switzerland. So maybe they put a load of solar panels up and they can do some Bitcoin mining and because of, it's all cool out there as well or up there, you know, high altitude and they don't need to, you know, worry about energy going into cooling down the miners. So that's kind of quite positive. But yeah, I think nice, you know, it's always good when a country accepts Bitcoin in some way or as a city or whatever. So yeah, I think it's a nice little step up from accepting Swiss francs, which I respect or listening, but not as much as Bitcoin for obvious reasons. I like the way it's always Bitcoin and it's like they're accepting Bitcoin and they think, they think those coins pretty cool, they're accepting Bitcoin and they're running their own Dow on Ethereum and printing NFTs. It's always, it's always both. What if they have no true friends? We have, we have failed temporary friends who blow in the wind and care not which direction they come up. Every house was NFT top it up, and they're printing Bitcoin bonds. They're making a complex financial instrument to enrich themselves. Yes, they're building a whole city off the back of the Bitcoin. They can't even fix up the loan. It is like you said, ha, ha, would you like more clips like this where we say, ha, check out WCN clips. We've almost got a hundred subscribers. Everyone should just stop what they're doing right now. Google with the Google machine, WCN space bar. That's the big one, clips. And then if nine more people could survive. Now I know there's only 50 people watching. So give us a thumbs up. Prove me there's more than 50 because it says 500 watching, but every week it says 50 thumbs up. So if there are 50 people watching now and they all went and subscribed to WCN clips, we could break a hundred. So say that's what advertising is. Waiting and giving you a chance to like go click it. Come back. Okay, they say they all paused it. Moving on to issue four. China says domestic Bitcoin trading is plummeting after the crackdown crackdowns. My favorite headline would break down crackdown. All those things. Yes, trades in the people are a public of China has diminished from 90% of Bitcoin transactions to 10% of Bitcoin transactions after the country successfully kicked the Bitcoin miners and their energy using mining machines out of the country. We're still in the short term where China celebrates their victory over a decentralized currency, which could have brought them competition with the US dollar and perhaps parity in the world. Then, Ark, what do you think about China's short term victory over Bitcoin? Yeah, they, I mean China, China don't need to want to think to compete with the US at this point in time for the production capacity. But I mean it makes sense. The reason they've been so successful and it's not absolutely it's a terrifying thought. Actually, there was someone on the commentary of the Russia thing and they were saying don't think of Russia as a failed democracy. Think of Russia as a succeeding authoritarian state. And it's similar with China like, you know, don't think of it as a share. The scary reality is that that concoction of a free market with central control for some aspects may be the most efficient way to do things. And if it is, then why wouldn't all these other countries gravitate in that same direction? And why don't we just eventually start losing democracy? Which always annoys me when these Bitcoin say attack democracy. It's democracy is such a hard thing to defend. You don't need more people attacking, but whatever. So it's quite a terrifying thought and they don't want Bitcoin because Bitcoin is the free and open source money. It gives people another option. They want control. They want, I mean most countries want this in fact. But in somewhere like the US where people are freer than this, they're, it's harder for the US to turn around and say, right, we're just going to ban Bitcoin. They could do it, you know, they, they have the power to do such things. But I mean, they're not going to because people would say, what, this is something we should be free to use. And they would kind of, you know, they would, as citizens, they would, they would make a stand. Whereas in a country where people have kind of been treated more like subjects for a long period of time, they're less likely to, you know, revolt against the authoritarian state in which the living in and in China, China want complete control over the currency so they don't want something like Bitcoin to exist. And the best way to not have it exists is just to say, you know, I'll have to use it and have the crackdowns and have the crackdowns on mining. But I mean, the, the, the Chinese still find a way of contributing to the Bitcoin ecosystem. One example is, you know, these little points of sale, which people have been making at the conferences, which I've been going to. I made like a point of sale. It did quite well on Twitter. And then the Chinese manufacturer manufactured the microcontrollers, I contacted them and said, can you build like a little hat so we can just easily plug in this keypad to the microcontroller. And they said, yeah, sure. And because, you know, they could see that, clearly, there's a market for, for these things and people are buying them, Bitcoin is buying them. So they're manufacturing these points of sale, which we're going to use in the Bitcoin world. And actually comes pre-flashed with the, my old Bitcoin point of sale higher software on, so there's, you know, some people in China, which you're experimenting with Bitcoin software and Bitcoin hardware. And so the economy, wealth and the people who are interested in Bitcoin will find a way of contributing to the Bitcoin space. But the Chinese authoritating government make it hard every day and they have more and more crackdowns. But it's a losing battle. Obviously, we all know that. But this idea of perhaps one of those authoritarian states being more successful in the long term than a democratically-run state, I think I find that quite scary personally. On that is the big fear that all of the democracies end as authoritarian dictatorship states, because it is so fragile, this democratic period and keeping it together, especially with an uninformed populace, intentionally perhaps that yes, we might lose all of them. I also agree with you Ben as you're talking about the United States. It doesn't ban Bitcoin, but it does kind of a soft ban on Bitcoin. It's so strange for me to now to watch CNBC every morning. They're talking about Bitcoin or crypto as they like to call it here on the world crypto network. We thought of that in 2014. And it's always this soft ban where it's like, Bitcoin's only used by dirty criminals on the silk road. And so that turned off a lot of people. A lot of people who could have gotten into Bitcoin were like, well, I'm not a dirty criminal. I'm not even going to look at that thing. And years later, they look at their like, you know, it's kind of a lot more like math and computer programs than a lot less like dirty criminals only. And the same thing now where Bitcoin is for terrorists or people that want to evade sanctions, people that want to destroy the world order and cause chaos and so forth, which is a great way to get a lot of people to not get into Bitcoin or to say things like Ethereum's better than Bitcoin because it doesn't destroy the world, etc, etc. It's a soft ban. It's a quiet. You're not supposed to be involved. Not, you know, the harsh 100. That's right. Sure. Actually, there's a lot of bad press at the moment on Bitcoin with the sanction thing. Isn't there with it? Oh, it helps the Russians get a sanction that their money around the sanctions, the US against the war thing. So, pro Bitcoin pro war seems. It's always the same as that great movie that Ricky Jervais put out the invention of lying where he's talking about God and he's like, God does all the good things, but God also does all the bad things. And they're like, God, you know, gave my cousin cancer and they're like, yes, but God also cured your cousin's cancer. They're like, oh, it's like Bitcoin can collect donations for the Ukrainians. Yes, but it can also help the Russians evade sanctions. It's like, oh, it's not, you know, it's this neutral thing. And that's very hard to understand. Dan, Eve, your thoughts about China cracking down on Bitcoin? Well, then, you know, what when Bitcoin was, Bitcoin's always been volatile to random bits of news, but, you know, back in sort of 20, 2013, when I started learning about Bitcoin, it was all about China. It was all about China banning and unburning and will they ban it? And, you know, and it kind of the impact has been lost in Zon now about 2018 or something has become less of a real issue. It didn't really impact on the hash rate, the fact that, what, but info charts, right, it was breaking records right last week. I haven't actually checked up on it. I usually do have a little look to what we're looking at now. The difficulty is 27.55 trillion, which is crazy. And yeah, 198 exerhaches, which is flirting around like they're kind of all time highs. I think the all time I was at something more like about 229. But it's certainly bigger than anything else pre 2022. And so really, the banning of mining hasn't had that much of an impact. And we all know why they started cracking down a bit more, which was because they're the PBOC's introducing their CBDC, frames of acronyms in there, you know, in, you know, quoting South Park, a welcome to Shittycoin. But I even had like, so some of the dudes I used to show Bitcoin to in the Treasury team of one of the finance companies I worked out texting me actually last year or more the year before the end of 2020. And actually saying, hey, I've heard that China are bringing out their own crypto currency, you know, you can, you know, how to get hold of any. And so words obviously spreading that that China are bringing out their shit going. And I don't know what people seem to think it's going to, it's going to move like it like Bitcoin did. But maybe that's what China wants people to think, right? That's why they come down all the PBOC anyway, trying to make people think that and the CCP that you buy into their into their crypto currency and it's going to do better than Bitcoin. But the actual banning of mining did a good thing, right? It didn't harm Bitcoin mining in the long term. And if a lot of the articles before the Bitcoin mining ban were saying, well, you know, 50% of more than 50% of mining power comes from China alone. And now it's actually, that's helped the Bitcoin mining distribution. It's now like spread out a lot farther and wider than being concentrated, you know, quite heavily in just in not just China, but in a lot of a lot of the power hash power was coming from China. So banning it actually did a good thing for the whole Bitcoin mining infrastructure. So, you know, something's it's like, is it not quite the same analogy, but the strisen effect like by doing something like you end up making your own situation worse? So I think by China banning mining, they made the situation better for Bitcoin mining being more decentralized, which is ultimately worse for China because they now don't have any Bitcoin and they're not even mining it. So, who are for the PBOC? Great move. It did improve Bitcoin's decentralization, but it might have made Bitcoin less environmentally friendly. As a lot of times in China, it was able to use that legendary extra leftover energy from hydro power and other facilities that run out of battery source. So we win some and we lose some. But there was also, but a lot of the thing, you know, China still does have a lot of cat coal power plants, right? So even though like the Bitcoiners knew that renewables were being used, the non the no-coiners were still reading all these mainstream articles that were just going, oh, well, China opens like five new coal plants every second, therefore Bitcoin mining uses that. So at least it did good in that respect that that that argument can no longer be used because you know, it was out of China where these seven trillion coal plants, coal plants were being introduced every five minutes. It'd be interesting to see what the central bank coins are actually like because I imagine the Chinese one will be picked to people's financial citizenship IDs or something. So I'm not even sure it'd be able to be traded out in the wide world unless people start buying Chinese identities. But even then, I think I imagine that the price volatility should be managed centrally in some ways, use some mechanism, but all central banks are exploring what do you call them? I call them digital native currencies. What do you call them? BBDC, central bank digital currency. What's it called? It's like that place that the top-of-the-sale is going to play. BBDC. BBDC. Well, ACDC, but with CBDC. These DPD. Okay, well, the DPDDCs, they're all looking into them. European bank bank, England, the Fed. So, obviously they'll have all different ways of doing them. And then ultimately, they're not going to compete with Bitcoin. How would they? Possibly they just haven't got the... Yeah. But anyway, it would just be interesting to see how China did it because, like you say, if it floats out in the wider world, then people could speculate on the currency compared to the currencies, which I don't think China would want either. They won't control. I want to go out on a limb and predict that China's currency will be just like Facebook's currency, but I think it'll actually come out. They've put too much work in into it, to not put it out. And they also... They don't have the option like Facebook to just call it a college-dead project and sell it on the back market for $300,000,000 or whatever it was. They don't have a... There's not a way for China to get out of this thing other than releasing it. Moving on to the exit question. Force prediction against the Bitcoin predictor ball, the source of all knowledge and truth, which all traders of Bitcoin... There's this new thing, a Bitcoin magazine, the HODL index or something. You can follow that. You can follow Plan B. You can follow the Rainbow Chart, or you can follow the Bitcoin predictor ball, which has never, ever been wrong ever. Then arc the price of Bitcoin this time next week, higher or lower, keeping in mind that you are competing against the prognosticator of prognosticators, the predictor of predictors, the Bitcoin ball. I know I'm a we're in our little Bitcoin bubble, a little Bitcoin world, so obviously it seems Bitcoin related, but I do think that impressions, just Bitcoin's getting a lot of impressions. Let you say on both sides, getting around sanctions, then office over the Ukrainians, being able to get some money as well, and then more, you know, recently, but pretty recently, those the trucker stuff, and that involved a lot of Bitcoin as well. So I remember back in when was it 2016 or 2015, POMPOM, I wasn't POMPOM, 2015 was the one which was off the back of those a hack to all the computers which had Windows 95 running on them in like a near NHS, and there's the WannaCry, was it WannaCry? Hack. Anyway, there was all this press about, and it just mentioned, you know, in each article Bitcoin, just keep saying that word Bitcoin, the hackers are using Bitcoin, they're requesting Bitcoin. And even though it was used for a bad thing, I was like the amount of impressions which Bitcoin is getting right now is going to put the price in a positive direction. And I just think even though it's for horrible circumstance that people are using Bitcoin, and the sort of circumstance you don't, I mean, you do want them to be using Bitcoin in the Ukrainian position obviously, but ideally, people wouldn't have to be resources to Bitcoin. Whatever, there's just quite, there seems to be quite a lot of impressions currently on Bitcoin and how Bitcoin being used for real world use cases. So I just think that that's going to push the price up. Up is the answer. You've very convoluted way. Let's go ahead and go to the original hotler. This was the original post on Bitcoin talk. Let's see, where's the date? These horrible web pages. March 4, 2022, that's today. Anyway, this guy says I'm hotling December 18, 2013. Why do I type that title because I was wrong the first time still wrong? Girlfriends out at a lesbian bar. Bitcoin crashing. Why am I holding? I'll tell you why because I'm a bad trader. I know I'm a bad trader. Yeah, you good traders can spot the highs and the lows. Pit pat, piffy wing, long wing, just like that and make a million bucks sure. No problem, bro. Likewise, the weekends are going, oh no, it's going down. I'm going to sell and he he he and they they're like, oh my God, asshole, when the smart traders who know what the fuck they're doing buy back in, but you know what? I'm not part of that group. When the traders buy back in, I'm already part of the market capital. So guess who you're cheating day traders? Not me. Those taunt treads saying, oh, you should have sold. Yeah, no shit. No shit. I should have sold. I should have sold moments before every sell and bought moments before every buy, but you know what? Not everybody as as cool as you. You only sell in a bar market if you're a good day trader or an illusioned noob. The people in between hold in a zero sum game such as this traders can only take your money if you sell. So I've had some whiskey actually on the ball. It's spelled whiskey with a sue me, but only payable and BTC. And this is I am hotling. This was the original post for HODL, which is not an acronym. And just like this guy, I'm not a smart man. I don't know anything. But when the times get tough and Bitcoin, I always think back that it's locked in at 21 million units. And I think of it as a collectible like baseball cards. And I'm like, if I could get my hands on maybe one out of 21 million, you know, that's that's a bigger share than I have an apple. That's a bigger share that you could get in Microsoft or IBM or any of these companies. So if you believe in Bitcoin as a product and you can get that collectible share, then maybe it'll go up someday. As the guy says, I am hotling. And it worked out for him because when was that 2014, 13, so now. 2018. December 28, 2013. The thousand dollar peak, I think. When was it 20, 20 what? 13, 13, 13, December, close to 2018, 2013. Yeah, so that would have been like December 2013, right? That's like about 600 depends on where, about 617 dollars, but it was on the decline from a thousand. It peaked to, yeah, it peaked to the third of December as the thousand dollars, one 10, 78, I think something like that. So yeah, so it dropped like 300 dollars and everyone starts to shit their pants. It always makes me sick, when an article makes fun of Bitcoin and they mention the word Hoddle and they go, which stands for Hollywood. Oh, don't do it live. Yeah. It doesn't. Don't be a twat. How can you possibly report on something that you didn't even do your own fricking research idiot? That's in nothing. That's not just in like, crappier little articles as well as in like Bitcoin documentaries. They'll say, and it means hold on for their life. And you're like, no, it doesn't. It's some if you do drunk keyboard on Bitcoin talk. What's he boy? On I love his is angry. He's like, he's mad at everyone. He's mad at the sellers. He's mad at the buyers. He thinks the game's rigged against him and his only choice out of desperation is this HODL. Still about you. Higher or lower? So my predictions last week because I'm starting to try and track him now. So I said, Bitcoin would be up and war would be down. And I was wrong. Bitcoin was up only slightly. It was up real loads actually or like, you know, quite a lot 10% or something. But now it's only slightly up from last week's prediction. And war down is definitely incorrect because war seems to be going up. So this time, because I keep on getting the war part wrong, I'm going to say Bitcoin up because if it's up, I'll be happy. And if it's down, I won't be, you know, it's going to be down. It's always it's always down. It's always up. And I'm going to say war nuclear because I'm wrong on the war part. So I said then hopefully I will be wrong on the war part this time and war won't be nuclear by next week. And so I'll either see you or won't see you next week. What a fascinating game. The only way to win is not to play. You've got to show you. Can you show the result? Propagaly once it's propagals. I can't because of the way that cameras work. If I show you sideways like this, it doesn't show you anything. Of course, because it points up. Yeah, we need a whole separate camera to like really even even I have a hard time reading it. But here we are. Will the price by here? It's just time having a separate camera. Can you get a mirror? Use a mirror. You get a mirror. Let's see. Yes. It says yes. So that's to the Bitcoin, not to the you know, price the price will be higher for Bitcoin next week. Will there be a nuclear war? Oh, no. All trends towards yes. So this is not really a good question to ask you. You're really hoping for a try again later or something here. Here we go. Nuclear war on the ball. My reply is no. Oh, there we go. I mean, it's like it's like 7030. Yes. So we really dodged a bullet there. So no nuclear war. We've got one more topic moving on to issue six, maybe crypto superpower. India's young investors prefer Bitcoin to gold and boring stocks. Well, China has banned Bitcoin next door in India. They're starting to get into it. Many young people have invested in Bitcoin and saying that they find the stock market boring. And they love the thrill and recklessness that comes with investing in volatile currencies. Dan Eve, what do you think about India as the next big Bitcoin super center? Well, I think it's a I think it's a real good candidate, right? Like it's, yeah, it's not quite banned and it's not quite allowed. And it's been it's been taxed, which means that it's not banned and they're kind of wondering how to deal with it. But taxing doesn't mean necessarily a good thing because the tax rate that's been given is 30%, which is double the cap gains that's normally given. And 30% is reserved for like gambling. So they do see it as a kind of volatile bit of a yeah, not not a kind of secure kind of asset, like a property or something like that. It's more like a, you know, a spread betting sort of trading sort of thing. But we mentioned, I can't remember if it was last week or the week before about this little plant that's floating around on the internet that Indian rural home makers are having about 11% of the world's current gold in circulation and things like, you know, dowries and stuff are paid in gold. So imagine if that starts migrating to Bitcoin, right? Like imagine if you know, you, the new trend is that rather than like, rather than these traditions being in gold, they're in Bitcoin. And the natural step right from, you know, as we said before, about Trace May, for example, gold to Bitcoin and Peter Schiff, even though he, he absolutely like hates Bitcoin, he definitely loves Bitcoin, their space shift loves the Bitcoin. He's like, you know, he's always sending out his little fishing liais like, you know, he loves chatting with Bitcoiners. And I bet when I bet, you know, when like when when Peter Schiff's drunk, right, when Peter Schiff's drunk, he's one of those guys that's like, you know, like the people that shouting people's ears, they're pissed as a far and they're shouting in people's ears like about, and he's chatting about Bitcoin instead of gold. And I can't do a Bitcoin, he's like, yeah, this is, I'm sorry, gold, gold bug. And he's like, yeah, this Bitcoin. Anyway, so I think the natural path is the evolution of gold bugs is to go into Bitcoin. So I think it's a great thing. And I think that India is a big technological powerhouse. And very tech savvy. Was it 700 million on the internet over there? So it seems like a great, a great country to start adopting Bitcoin. And for the remaining 7, 7, 800 million that are fully on the internet. And I'm not even sure what the amount is, I should have researched, but the amount of unbanks to the end of the year is, but this is a great step to just complete the bypassing the banks altogether, get on the internet, get on Bitcoin, and yeah, get, get sat, get stacking stats. I agree with Dan, the world's largest democracy, India, very tech literate, very unbanked, a perfect match for Bitcoin. I've always thought so and I'm glad to see them get involved. Ben, arc your thoughts on India and Bitcoin. 100% perfect match. They're the reason it's 11% of the world's gold is around the next of India Housewives effectively. They're used to not trusting local currency and they want a bare asset which they can hold and cash in if they need to in like, you know, in bad times. So it's kind of like the, which is why they they have an affinity with gold, why they like gold, why they wear gold. And historically as well, what people would keep gold, because they didn't trust that they're local currencies and they wanted something which they saw as stable, which they could fall back to. So it makes sense that especially in India, they had that incident recently where they declared the $20 bill to be invalid. So a lot of people were saving this 20 pound note similar to the gold, but the 20 pound note just evaporated and completely lost its value. Bitcoin, much more in line with their gold savings where you really can hand it down from generation to generation like an heirloom rather than those cursed $20 notes. Yeah, that's, that's a very good point. I'm sure that was, you know, an extra mark for Bitcoin and like you were saying, very tech savvy, very good with money and finances a lot of them, their finances can be quite small. But I mean, these a lot of these people know how to use money. This is what's exciting when you have a market with no like on board requirement for a tab like a high, high, be a high income. So it gives the only worry is that the whales can kind of like fiddle the price and screw people out of their money. But when, like in El Salvador, for example, that the street lady selling fruit on her head suddenly gets Bitcoin over lightning, gonna, you know, and she's able to accept Bitcoin just with a phone. And then suddenly she's got access to all these digital asset markets, which you can play around and invest in on a very small scale. But she's a sort of person with a honest subsistence way. She's incredibly good with money and we'll do her due diligence before investing. And so I imagine a lot of these Indian investors are the same. They appreciate bear asset. They're going to do their due diligence on projects. They're going to talk about the projects technically, they're going to understand how the project a lot of these projects work because like we've already said a lot of them are very technically competent. So yeah, that's a great candidate for Bitcoin adoption. And if I could imagine that being something between Brace by the government, not just the people on a local scale, just because it could also bring in a lot of investment and tourism and whatever else. It is interesting for how much we all agree that India is a great place for Bitcoin. India didn't agree right away. This was a long time coming. I talked to a lot of people that were working on startups there in India and I rooted for them and I thought they were awesome. And then I watched as India shut them down and rated their offices. And I was like, these are legit startup people. They're not doing anything wrong other than running a startup. And then now they're going back the other way, finally seeing this for what it is. So it's sad to see India wait so long, go so slowly and lose their advantage. It reminds you an article I read recently about Tesla. And apparently the brother of Elon Musk is spilling the beans and saying they knew nothing about Bitcoin when they started to accept it. And maybe they should have done back of the cover research. Maybe they should have done any research at all. And the same thing for India, whatever research they did was probably the wrong kind of research leading to them to these silk road, these terrorist criminal sanctioned decisions, rather than maybe we could have a whole thriving economy here. Maybe we could have young people investing in something other than stocks and holding something other than gold. So missed opportunity, but it's not completely missed. There's still a chance. So we're heading towards the end of the show looking for a prediction. Ben Ark, are you ready with a prediction? Go ahead. No, sorry. I'm not. I've had Covid, so I didn't get to go to, I suppose it's a story of the week, maybe, but I don't know. A fancy Bitcoin is just finished. And it looked like a great conference as always. It's in London. And it's a technical conference, but I mean, I think anyone who would go there would find value in it. Great people. And they've all had a great time, but I couldn't go because I got the vid. So my prediction is that I'll recover from the vid. And then I'll be able to start tackling the mountain of PRs. We've got in Ella bits at the moment. And he start reviewing and reading through some of those and actually getting some of the merge because I feel bad because it's been sat there for a while while I was in Istanbul and while I've had the vid. He got the vid, but you got to go to Istanbul, even Constantinople. Dan Eve a prediction. Well, my mind was, so my mind was, was, it sounds worse now when there's no story as it was, but it was that that war would go nuclear. But there was obviously, I'm not, that's not like a hopeful thing. That's just saying that because I'm usually, I've been wrong about the war part for the last three weeks. And therefore, if I say war nuclear, then hopefully it doesn't go nuclear. I mean, if you can't predict the price rate, you just want to go out and predict hundreds of thousands of people being wiped off the earth in a matter of seconds, like just go for broke, right? Oh, yeah, well, but it's not because I want it, it's because I think it may, I don't think it will happen. The problem is it's the reverse psychology with the universe. That's what I'm doing. So if I say that I'm predicting it, the universe will be like, that perhaps never right. There's definitely going to be nuclear war. So that's the logic behind that. Dan's taken the fall for the rest of us. Ben Arck, do you have a story of the week? I have a prediction. Maybe your story of the week will be about the father of podcasting and a little something that he said about Ben. Oh, that was nice. Yeah, there was a good thing about Alan Bitts with Adam Curry. Yeah, got a good, good, good, good little sound by. That was pretty cool. He's talking about how he got, he's interested in Bitcoin, but then, and then he heard about lightning. So then he installed a Raspberry Blitz. And then he was like in the podcast, he's like, and then I installed Alan Bitts. And I was like, look at all the shit you could do with this Alan Bitts. So it's a really nice little sound bite. We're going to put in the repo. If anyone does anything to us. Programable money. He got it right away. He's like, programmable money. It's a super good quote. Yeah, so now that was, that was a good, in fact, yeah, that can be my story. I've actually had a story. That's my story of the week. Dan, if you're right next week, we're all just going to be looking at you with disappointment. And inside of you part. We'll have to get one of those board ape things and convert it into a mutant ape. And then, Dan, I hope you the mutant ape. What was your prediction? What was your prediction then, Thomas? Oh, I don't know. Oh, the, your prediction was me saying that I could actually. Yeah, I predicted that. I nailed it. Got the COVID limit, right? Okay. Thank you, Thomas. Yeah. All right. And Eve, do you have a story of the week? Hopefully not nuclear? Nothing, nothing, nothing crazy going on over, over these parts. Yeah, no, I work in, I work undercover. So I can't really talk about my work until I'm able to not be undercover. To a certain extent, I mean, there's certainly sounds very mysterious. Shout out to the conference in London. That would have been a great time. I hear there's a conference going off in Vegas soon. That would have been great too. But I just wasn't in the right place with my gear. My gear was here and I was there and back and forth. And just couldn't pull that one off this time. Need a little bit more notice. Just didn't quite have enough notice to pull that one off. It's uncomfortable. It's uncomfortable. Is it? I've heard. Yeah. And also, it's like, I needed more people like I usually have, you know, Dan's there to sit with me on the couch. And it just, we didn't have my team. I didn't have my gear. And it was just, it wasn't the right time to, to have that great comeback that return to conferences that we all want. Miami bit. Coimami going to be coimami. Maybe. I don't know. We all think they all think Miami is like right next to California, but it's very far. All Americans go to Miami. I mean, you live in Washington. You know, come on. Like, just come to Miami. It's only just as long as my flight. But we'll see how it goes. Thanks to everybody in the audience for giving us those 50 or so thumbs up. There's about you're in a unique group of 50 people who watch this show. And there's about 500 other people who consider watching it, but don't, you know, push that thumbs up. You also push subscribe. Go subscribe to WCN clips. Give that guy some support. It's over there making those clips each week. You could even share them with your friends. And hopefully we don't have a nuclear war. And we're all here next week. But we'll see how it goes. Keep watching the news and see what happens. Until next time. Bye.