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, Josh Legala from thestander.io. Ciao. Dan Eve, the crypto raptor. Happy Friday, fools. And I'm Thomas Hunt from the world of crypto network. Moving on to issue one. Goldman Sachs. Cosine's Bitcoin and Ethereum for high net worth clients. Yes, they mocked Bitcoin. They called it a Ponzi scheme. They said that it was rat poison, onward and onward. The banks and investment firms attacked Bitcoin for years. Now they're recommending it and selling it directly, not only to their clients, but to their very important high net worth clients. Josh Legala, your thoughts on Goldman Sachs completely turning around their stance on Bitcoin. Well, you know, the old saying first they ignore you, then they laugh at you, then they fight you, and then of course you win. And that's exactly what's happening here. The banks have been attacking like anyone that's had a Bitcoin business, you know, we've run once since 2014. We launched early 2015, Voltauro. And it's just been a constant battle of banks. You have to like have a full time staff to basically be opening bank accounts because they close them like you just got to keep rolling. And all of us that have been there in the early days, Coinbase, crack and Bitcoin. It's BTC, all these guys, now, they're all constantly opening bank accounts because of this. Then they laughed at you, of course, constantly, oh, Bitcoin, it's for drug dealers, it's for idiots, it's for like constant mockery. And the fighting of course was always the drug dealers and the terrorists and they still doing it. And the environment and all the rest of that. Then eventually you win. And that's exactly what we're seeing now. It's just, it's too late. We've got private money. The cat is out of the bag. We have folks, rare digital assets and they're here to stay. They're not going back into the bottle. I mean, we say this every time, but I want to say it again, I'm sure they're not going to go back and give everyone back their bank accounts. Like Josh said, they're not going to apologize to everybody who they got on the phone and treated them like they were a drug dealer or they were criminal because they were into Bitcoin. They're just going to push this under the rug and pretend they were always open to Bitcoin, always friends with it. And we see this again, constantly with CNBC becoming crypto NBC and they'd mocked us for years and all the other people coming back on board. It's, it's fun to be right. But let's welcome them back on board. It's great that their high net worth clients are finally getting a chance at these digital assets after years of telling them that it was just drug money and they should ignore it and maybe even laugh at it. Dan, eve your thoughts on Goldman Sachs accepting Bitcoin. Yeah, I think it's probably about time you could, you could say that the institutions are here, right? Because they're all dappling in it in, in, in some way. So it hasn't brought the, like the massive pumps that you see with every kind of bank announced in there doing something with Bitcoin, which kind of shows, like actually how, how much the community in Bitcoin is and people want to know Bitcoin and learning about the fact that, you know, man, a bank's adopting it well, you know, banks are shit. But it doesn't sound like they're selling it directly, right? It says that they've arranged a partnership for Galaxy Digital. So it does sound more like they've got like they've got, they're like their phone up Galaxy Digital and we're like, can we have a shill link account? We're going to set up a shill link with you. So instead they're literally just going to, you know, get some commission off of putting them forward to Galaxy Digital. I don't know what they said high net worth clients, but it didn't sort of say, say exactly how much. I think when JP Morgan did it, it was something like in the region of 5 million. So, but they're obviously getting pressure from from from what people that want to buy Bitcoin that, you know, only to stay with golden, golden sacks. Maybe this is actually really a turning point and they end up changing their name to something like Bitcoin and bags instead of golden sacks. Who knows? Yeah, well, like just to interject there, we also have other other people that have been constantly down on Bitcoin, namely Peter Schiff. Schiff, Schiff finally saying, tweeting, I admit it, you guys are right. I am Satoshi, not only am I huddling billions worth of Bitcoin, but I'm still buying. And that's why I constantly bash Bitcoin. I'm hoping that we can't we'll sell so I can buy more. My goal is to learn 21 million. So I have the moon all to myself. I say your fools. That's true, but like the guy is basically being misleading. He's an investment advisor and he's been misleading thousands and thousands and thousands of people that have been following him for years. And it's really, really shocking. I would be absolutely furious if I was listening to him for a long time. And I'm a gold bug myself, you know, I've seen the Bitcoin gold side. I love both of them. They're both rare assets. The common enemy is fiat. And this is what these people don't get it. Yeah, I mean, it's it's a prefuels and all, but, you know, in addition to his fantastic April Fool's joke, which sounds so true, right? It sounds like what he should be coming to in his mind after seeing all of these gains that he's missed out on. But the other thing about Peter Schiff is he had an incredible major nationwide news story recently where he was angry with the president of Ukraine for speaking to Congress in a t-shirt. He thought that he should have put a suit on despite the obvious situation where he's running away from the Russians who have invaded his country. It was kind of a ridiculous thing. And some people said, maybe he just is trolling. He said it on purpose to get a rise out of people. But it was amazing to see Peter Schiff cross over. Usually we're like, oh, that's that guy that says stupid things about Bitcoin. But now we're like, oh, he just says stupid things about everything. Well, he just seems like, you know, like, one of the people that they're like, you know, everyone, everyone sort of experienced them. They're like infatuated with someone. And they pretend that they hate them. And all they do is just moan about them. But they're actually madly in love with them. That's like Peter Schiff. You know that he ultimately he, he, if he's a gold bug, then, you know, his mind had a little paradigm shift at some point to Bitcoin and he's hiding it. You know, he's probably, they think about like this. You don't want as someone who's been so heavily invested in gold and probably has loads of shares in gold businesses and stuff like that. To, to, to, you don't want to trigger a max Exodus Exodus from gold to Bitcoin because you've got other vested interests. So, you know, I don't know. I think I think you can tell in his tone that he's, you know, he's like, oh, I really love Bitcoin, but I can't say, I can't say much. Well, isn't there also isn't his son into Bitcoin? It seems like there might be kind of a Jamie Diamond situation where his daughter was into Bitcoin. And he was like, I hate you Bitcoin so much. And he's like, I'm just giving thousands and hundreds of thousands of dollars to my daughter to go invest because this way the family wins either way, right? Diamonds a big banker, his daughter's a big Bitcoiner, best of both worlds, right? Just hedge your bets. So I could see that also as Dan was saying with the affiliate links, of course you'd send those out to your high value customers. They have more money. You're going to get more money on that sweet affiliate link. So congratulations to Goldman Sachs for joining the affiliate link scam like so many of us before. So moving on to the exit question Goldman Sachs loves the price of Bitcoin. It might be their favorite part about Bitcoin. And now you will predict the price of Bitcoin. What will the price of Bitcoin be this time next week? Josh, you got to hire or lower. It'll be slightly higher. Dan Eve. Yeah, I think I think we're doing a slow tear away actually. Yeah, I'm going higher. Positively from the panel. But what about the ball or shake in the ball? We don't have the camera with us. We're back on the road again. Will the price of Bitcoin be higher this time next week? Outlook not so good. Outlook not so good. The ball is cautious. Is it cautious and a bearish ball? Moving on to issue two. The ball is pulling its own April Fools prank. Yeah, that's right. You can't trust the ball because it's April Fools. Very clever ball. Very clever. Moving on to issue two. YouTube plagued by fake Elon Musk Bitcoin giveaway videos. We've noticed them for quite a while, even seeing them running at the same time as the Bitcoin group, gathering thousands of presumably suckers who are about to give away their Bitcoin and or Ethereum in the promise that their Bitcoin or Ethereum will be doubled and returned to them. Obviously you can see the problem in this scam. You can see how it's not going to work. But YouTube seems unable to stop them. They take a conference video of Elon or Michael Sailor or Vitalik or anyone else like that. I think they used to have these ranjs back in the day. They put a wrapper around it and then they try to scam you out of your Bitcoin or your Ethereum. Dan, Eve, your thoughts on these fake Elon Musk videos that YouTube just can't seem to get rid of? Yeah, they almost need to have like a, if it mentions, if it mentions crypto, maybe it's a bit too far, but have like a, instead of having to go through a report menu, just like have a quick scam button, right? So it immediately flags this video pauses any promotion of it. Maybe let's people continue watching it. And then they review it quickly and bash bash boss. They go, right, yes, bullshit. Because I think part of the reason why these go on for so long is because, you know, not many people probably go through the process. I'm pretty, what's the word? I'm quite, I'm quite often report if I see something like that because it just kind of contributes to the ecosystem. It like it prevents other people from getting scammed. And although they say that there's like, you know, 10, 10s of thousands of viewers, that's probably like fake kind of bot farm type stuff going on. So hopefully it's that, you know, they're just using general tips, hints and, sorry, tricks to kind of get the out go to, to boost them to, to show us a next play or like while you're watching something to try and take you away from it. But yeah, they're definitely, you know, I've seen one of sailor with Vitalik with Elon. They just pick anyone who's kind of said something big at the time, put a, put a kind of newscast wrapper over it. You can often, if you just scan the QR code for the address, you can see how much they've got in there. Unfortunately, it's not a lot. But I think the worst I've heard is like, I think we just asked it once, the guy who sent 26 Bitcoin to one of one of these like, you know, you'll get double backscams and you just think to yourself, man, I'm fairly, you know, I'm, you know, I'm not an intelligent, I think I've got come some common sense. And how did that person get to 28 Bitcoin only to 26 Bitcoin only to send it to a QR code thinking they're going to get double man like, geez, you know, where's my 26 Bitcoin? I wouldn't have done that. So yeah, it's pretty sad to see that that sort of thing happened. And hopefully it's not people's hopes and dreams worth of Bitcoin that they're sending away. Well, it is an amazing fantasy that people see someone like Elon or Michael Saylor and they say, well, they have too much money for their own good. That's why they're doubling my Bitcoin. They're like, oh, it makes sense. Like if it been, you know, mad bitcoins out there, they're like, of course, he's not going to double your Bitcoin. He's mad bitcoins. But these other guys, maybe the other thing I really like about this story, although I don't like people getting scammed is that it shows the power of the QR code. And I noticed this a long time ago when I started the mad Bitcoin show, I thought it was really clever. You could put the QR code on the end of your video. People could donate five, 10 bucks. You could put the QR code on a poster or a comic book or the back of your product or whatever it is. And people could donate money directly through that QR code. I thought it was incredibly powerful. And just like we've talked about bitcoins, you know, good for the Russians to evade the sanctions. It's good for the Ukrainians to get donations. The Bitcoin QR code is good for legitimate shows like mad bitcoins to get donations, but it's also good for scammers like these fake Elon Musk's to get donations as well. Josh, Shagala, your thoughts about the fake Elon Musk videos? Yeah, not only that on on ATMs, I've seen it where they've put some QR code like at a not ATMs at a restaurant for like pay here, you know, you scan on a piece of paper and someone's just come along and slap their own in front of it. So that happens too, which is unfortunate. So yeah, but these things have been happening for ages. I really think the only way to get past all this is to actually have education and for people to learn. There's no other way around it. People are so dumb, it's unbelievable. And but, you know, hopefully, as the world evolves, that scam will just fall away because people will learn, but some new scam will pop up. So hopefully people will start to understand that how to think critically about whatever's shown to them and learn the different attack vectors. Because at the end of the day, all these scams are very similar in scope. And so yeah, my hope is that once, you know, it just takes time because you can't really regulate this out. There's always going to be criminals. And for these big tech firms to do something about it. Oh, he's gone. He's gone, but we're still alive. Yeah, yeah. That's where life is. Yeah. So it's going to take time, isn't it, Josh, just until until there's people become immune to it. It's kind of like the stories where, you know, an email comes to it says, you know, I'm a lawyer for so and so and I'm bad, you know, deciding on the will. And if you send me money, like then you'll, you'll be able to access that money and slowly, you know, but surely people are becoming to a mean to that sort of scam. Yeah, becoming aware of it. You know, almost becomes the gold standard of what you're taught in like, you know, in, in, you know, basic IT lessons or you're basically, you know, using email lesson. It's like, and here's how a scam works. Yeah, this is fishing. But there's, there's really literally endless types of scams digital ones. And the sad thing is that the really sad unfortunate thing is it's usually older people that get scam with us. So luck like in one way, it's really lucky that older people, this is still out of their ability. A lot of older, very old people to deal with this technology because they're just not ready to deal with the amount of scams that are around. And, and this so easy, so quick, because I fluid and irreversible. So yeah, I just think it'll take time. And I hope the next generation that's coming up now that's pretty much sort of Bitcoin native. We'll know the, the different scam vectors that there are the different. Like with the email thing, it's very, it was very kind of primitive in that it's, it's an email it's done via words. You know, there may be kind of a, you know, an official letterhead that they kind of use initially or something. But with these, these scams, they're quite complex. You know, they, they look official. They have, you know, the people talking on their got sailor on it, you know, and there's got an overlay and it looks really well done. And you think, oh, this, you know, this looks like sort of a professionally done thing. You would, you kind of, you know, you wouldn't expect it to be a scam if you're not really savvy about how easy is to put an overlay on. But it's so unfortunate that it's been this long. Like we all seen them for years and years and years. And these big tech companies are still not put an easy report button in there. It, you still, they're still not actually this is a scam. It's like, this is offensive or this is causing harm or this is, and it doesn't really fit into any category. And you have to like other, but maybe and it's kind of awkward sort of reporting thing. And you don't know. And meanwhile, people are losing the, you know, the chump change of savings. A lot of it's a lot of, it's a lot of new people as well. Because a new person already feels like they missed out on Bitcoin. They missed out on crypto. Then an opportunity comes up where they can double the meager amount of crypto they've gotten together. And they go for it and they lose it all. And they have to start over again. Yeah. I'm surprised that people haven't made like deep fakes of them saying send money here and stuff. It's still very primitive. Not giving anyone ideas here, but like that, that'll all come, you know. So watch out for those. Even if the words are coming out of his mouth, do not do it because it is fake. No one, no one, no matter how rich they are, are going to send you money for nothing. In fact, Elon got some guy was tracking his private jet and would show where he's landing. And Elon reached out and said, hey, can you stop this? This is like getting dangerous for me now. And the guy said, ah, if you send me some, I think it was like, I don't know, X amount of Bitcoin or something. I think that was it or maybe it was a guy. Anyway, and then he said, no, I don't think it's the right thing to pay for that. It seems, it seems like extortion to know. Well, I think after that, the situation got worse. I think he started tracking other celebrity jets and kind of made a website, open sourced his ability and tools. And he said that yes, he gave Elon advice as well. He was like, if you do this and this, I can't really track you, but it comes a lot harder. And you know, Elon did that. And then the guy went to some other technique that he had and kept tracking him. But now since the Russian invasion of Ukraine, he started tracking Russian oligots as well. So you're the same thing. Once you have those skills, you can use them for a funny joke for the lulls to mess with Elon Musk or something valuable like tracking the Russians. As you're saying about the deep fakes as well, Josh, there was a major deep fake released of President Zelensky from the Ukraine, telling his people to give up and to surrender and so forth. And it had lots of errors and it was easily spotable. But it's the beginning of taking this technology that was first used for kind of pornography and revenge porn, things like this and translating it into both political and like you might see in this, if they made a fake Elon Musk, into just straight up money making scams. Yeah, I think this is where I think in the future, what we'll see is kind of watermarks or some sort of ticking time and it'll be constantly, you know, hashing into some into the Bitcoin blockchain maybe or into some sort of fucking blockchain, I don't know, or into some database that's then official to that celebrity or whatever that's probably a more efficient way to doing it than a blockchain. And then they could say, look, this is what I officially released. If it doesn't have this and it's not hashing to my database, then it's not real. Because this is going to get really tricky. You will not be able to believe what comes out of people's mouths. Well, especially look at the recent news about say actor Bruce Willis, what if you had a convincing deep fake that went on there and said, you know, collecting money for him or collecting money for his charity or something like that. I mean, it's so easy to pick up on the latest news story, make a fake, get one of these websites going, then profit. Yeah. Which blends well into the exit question, exit question, how will YouTube and other platforms stop these obvious scammers in some ways, they're responsible for their users and other not so much. Will they block QR codes? Will they have a better reporting system? Josh Shagallah, what can YouTube do as well as other platforms to block these scammers? Well, we've seen extraordinary moves to to basically pop up COVID-19 warnings for anybody that even murmurs word about vaccine, COVID-19 virus CCP, like you say anything and the algorithm will pop up the follow the official COVID-19 stuff. So they have the technology to basically scan the words that are being talked about and obviously the text on videos too. So I'm pretty sure AI, like if you've played with GPT-3, it's pretty amazing stuff. So I'm pretty sure they have the tech to be able to quickly scan a video as being uploaded or it's live streamed to determine like these people are trying to scan. Like the scans look very much the same every single time. So you know, I don't think it's too hard. So if Google and YouTube aren't doing that, I think they should have to maybe you know, be a little bit responsible because they have the ability to stop it. So well, there's always that technology that the EU uses for cookies. They bring that up at the bottom of every single web page driving you crazy, making you click accept. Maybe they could put that on YouTube and you could say this video is not a scam or this video is a scam and they could test every video. Dan, Eve, how should YouTube and other platforms stop this? Well, easy, making it easy to report is like the first step. I think Josh made a really good point about the Alco like that just basically plaster anything about COVID is like, is you know, to really learn the facts about COVID did click here. They've obviously got departments that work with a lot of general ethical stuff like, you know, the kind of, you know, racial, you know, racism, sexism, that sort of stuff that kind of there's probably different areas that have algos on these and then also follow them up and look into them. So, you know, scabbing is fraud is quite a big thing. So you think that it would be it would be a lot treated a lot bigger. But yeah, I think the main thing is going to be the reporting I think. As well as porn like it's pretty hard to get porn across. I'm sure like I've never seen porn on on YouTube. No, you know, I like I haven't I haven't accidentally come across porn. Twitter, though, on the other hand, man, there's some crazy stuff that goes on on Twitter like you look at some of the people that were comment on stuff randomly and you look at the profile, you're like, how the hell is that video allowed on Twitter? That's incredible. I think Twitter allows pornography or they allow like some level of it. I don't know how far you could go, but it's a problem. Where is YouTube has a problem with it as Josh was saying, not only do not see any as you on YouTube, but I've heard from the Howard Stern show that Wendy the slow adult is having a 24 hour live stream and what people like to do is get into her chat and promptly expose themselves and she's shut down almost immediately. So they must have that hot dog non hot dog filter they were developing on Silicon Valley. They must have some kind of technology about that because if you put a hot dog on the screen, you're out of there. Maybe that's maybe that's what the next level of so obviously like Google captures at the moment, they're like boats and motorcycles and stuff. Maybe like the next batch of Google captures is going to be the sausage, you know, which ones are sausage and which ones are cocked? Click on the click on the squares with a cock in it and that's how they have trained it to figure out what you know, is a sausage or a cock. There you go Dan, there's an AI system you can get in, you can get behind chaining that one. We'll let you take the lead there. Moving on to issue three issue three green piece crypto billionaire lobby to change the Bitcoin code. We've talked about it for years that the only way to change Bitcoin would be get consensus from all the developers then to get consensus from all the miners who then use that software as well as the users who use the results of that software. The billionaire that runs ripple scam, Larsen says that he's provided five million dollars to try to get Bitcoin to change its code to change from proof of work which uses a lot of energy but secures the network to proof of stake which always results in centralized power and control. They've released a video, they're on their way out there, they're now motivated against crypto. Josh Shagallah, what do you think about green piece and the founder of ripple trying to change Bitcoin code? The thing is that like Larsen, he knows what he's doing and Bitcoin is and Larsen, I mean, we've, you know, he was the original Altcoin, like true Altcoin and you know, I kind of have a little bit of respect because he didn't just fork Bitcoin, he created like a different style of something, he tried, you know, but he knows absolutely, he's been around the game a very long time, he knows the fact that Bitcoin is ain't going to do this. So why is he blowing five million? I don't think he's doing it for anything but trying to get green piece over to ripple or something like that because there's no, there's no way that a five million if he was legit, this doesn't touch the edges of anything, like it does nothing and and B, he knows the mentality of Bitcoin is then knock what? So I'm in bad, I want to know what's under the hood of that deal. I think he's trying to basically get green piece to jump over to him. What I think is important about this article and this idea is that they're trying to change Bitcoin through social channels. They're not going straight to the code, they're not going to the developers saying we have a superior version or check out our version of proof of stake that's already written. They didn't do any of that work. They're going through the political channels, they're going through the social channels and again, they're following up on this narrative that Bitcoin's bad for the environment and what's interesting about this is that because they're creating their own propaganda because they're creating their own videos and interviewing themselves and such, they can say that there is a solution to Bitcoin that Bitcoiners haven't considered. So meanwhile, Bitcoiners, all this proof of work stuff don't have anybody saying it back, don't have anybody explaining how proof of work is valuable and we do get something for the money that we spend and it allows them to create this new narrative. So I think this narrative will be successful, it'll be expanded upon, green piece won't be the first international aid society or thing to join this. I think a lot of environmental causes will get on board with this Bitcoin changed the code idea, regardless of the results of that code change. Dan, Eve, your thoughts on green piece? Yes, they're trying to go for the social thing and it sounds really lame. It's almost like they think that by someone like Mary writing a petition because Bitcoin's boiling the oceans and it uses the same transactions as Sweden, then there's going to the Bitcoin people will have like it's see enough and they'll be like, oh, there's 100,000 votes, we'll change the code. It just doesn't even make sense. They're saying they're trying to campaign about changing way Bitcoin, the way they refer to it is just all how it orders transaction. But it's the fundamental security of Bitcoin and if you're like they don't give any, go into the depth of how it secures Bitcoin, and what the difference is, there's no, like this is the reason why proof is they can maybe better if they believe that or whatever. It's the same as going well, purely on the environmental basis, it's like going well bank faults use reinforced concrete, which is bad for the environment. So they should use jelly instead, like no, because it defeats, you know, it literally screws the security as that what a dumb thing to say, like it, and then you know, they last even said it or last and whatever's name is, Ripple-Shill says in five years Bitcoin may consume as much power as Japan. Like, you know, so there's no, there's no, what's the word? There's no like even proper, like, like level to it. They're just picking country names and saying, oh, it's going to be, I don't know, it always seems like it's anti-scientific. They don't explore any of the reasons why proof is the formula they're using to to expend the energy into the future is just multiplying by years. They're assuming that there won't be any technological improvements. There won't be any power improvements like using Bitcoin at a hydroelectric jam or using Bitcoin for renewable energy. None of that can happen. Just a straight line upward. And yeah, I think it's, it's intellectually dishonest. I think they're saying things that are mathematically true. If you multiplied it times 100, you would get that number. But that's not actually what happens in reality. If we look at computer chips, for example, Moore's Law, the processors keep getting faster. The power usage keeps going down. So why would we assume that Bitcoin chips would be different than, you know, normal computer chips? It doesn't make any sense if you think about it that way. Yeah. And I, it's kind of like saying, we're going to lobby with five million bucks LG to change close-dryers, close-lines, LG close-lines way better for the environment. And, you know, like what five million to LG, they're really going to, you know, it just destroys your entire your entire dryer business. Like your entire dryer business needs to shut down, go to close-line. Yeah, but so far, the people in the old engineers will invent new line types. And, you know, it's basically good for the environment. Also, I love to, I love Dan's example about the bank vaults. That really is it. They're like, oh, we just need to change the way that you're expensive, fancy software that nothing like this has ever existed before. No one's ever made a network that's gone on as long as Bitcoin, all the different people attacking it, all of this. And they're like, we've been, we've been riding along in the back seat with you. And we made a bunch of money on Ripple, right? I'm sure you know us Bitcoin, right? You know, Bitcoin, Ripple or friends. And we think you should totally change everything that you do from our position in the back seat. It's just insane. I can't believe they put only five million in. They're not going to get anywhere with this, but it's going to be a thing in the future. I think we'll take for it to change. Well, billions, I mean, you have to buy out so many people like, and you have to really like, trusty, the clown said, they drove a dump truck full of money up to my house, a dump truck. So yeah, and that would just get you some thought leaders, because if you could get some of these big Bitcoin people and give them all the money and like, Adam back starts getting out there and he's like, you know, proof of stake is pretty good. I invented proof of work, but you know, proof of stake is perfectly good. We could have just used that. And you're not going to see that. Like, even if you give him billions of dollars and stuff. So, no, I don't know what they're going to have to do to get the support they want on this. It's not going to work. Well, I think they're a bit disillusioned, because I think last, and also said, like the campaign believes that 50 key miners, crypto exchanges and core developers, 50, just 50, have the power to change Bitcoin's code. So it's just so dumb. It's like so stupid. It's clearly a cheap marketing voice. Well, and remember, this is the same mistake that Barry Silver, Barry Silver, and then made the same mistake with no 2x and with the 2x, Segwit 2x thing they wanted to do. Everyone underestimates how difficult it will be to change Bitcoin's code. And then they make a huge mistake like this. I just, they should have spent more than five million. It seems like it's more like a $25 million. Not even. I don't know. $100 million. Not going to happen. And if it's such a big deal to the environment, he should be able to willing to spend all of his ripple money. I got this ripple money for nothing. It's a big deal for the environment. I can save Bitcoin. He should campaign for this for years and years and years. But I think Josh is right. I think there's going to be some kind of a ripple deal with green piece. They're going to come out of this looking pretty, getting a sweet new contract worth well more than $5 million. Some sort of ripple effect. Just to clarify as well, based on Bitcoin's current market cap of $880 billion. So his $5 million contribution is 0.0.56%. I don't think that's really going to have much of an impact on the power of actual Bitcoin. I hope the next time we talk about ripple that we're talking about that fantastic, de grateful, dead song that ripple name themselves after rather than ripple the currency. Moving on, check out WCN clips on YouTube at WCN clips. We're up to 95 subscribers. That's two more than last week. So if you just Google WCN clips and then press the subscribe button, we could get to 100. We only need five more people. So you could be one of those people. Check out WCN clips on Google and YouTube. Moving on to issue four, L Salvador, Marshall law. The legislative assembly decreed Marshall law with 67 of 84 votes. President Bukheli called for the measure last night after the country registered at least 76 homicides from Friday to Saturday, the highest spike in 20 years. For the next 30 days, the legislator is suspending multiple constitutional guarantees, including the right to reunion, criminal defense, presumption of innocence, protection from wiretapping without court order, and habeas corpus. Constitutional experts warn that the measures in fringe on critical due process rights that cannot be suspended, even during a period of Marshall law, according to an advisory opinion from the Inter-American Court of Human Rights. Dan Eve, we talked about L Salvador and their backwards hat wearing CEO of L Salvador many times how he was a dictator and you can't trust dictators with your rights. They can do whatever they want. What do you think about L Salvador engaging not only Marshall law, but taking away people's rights, including wiretapping, habeas corpus, criminal defense protections, and so forth? Well, it obviously, you know, sounds very hardcore. Marshall laws a strong word. It does seem like I think Elfaro posted a follow-up saying that Marshall law was a bit of a kind of an exaggeration. It was actually called state of exception, you know, the equivalent. But obviously, it's still, you know, they're still increasing their powers hugely, you know, which they say is to try and stop the flow of these murders that are happening. It sounds like, you know, it's obviously very hardcore right, taking away people's rights. It sounds like what kind of what kind of did it to the peaceful protesters, but they're doing it to murder. So it's probably slightly slightly different. Bad, bad, bad equation then. But I think it does, I don't know, it's starting to seem like maybe, you know, they're kind of stretching a bit too much. Obviously, the gang situations pretty hardcore at the moment and they're now using the amount of murders to kind of use this as an extension to powers. It's, you know, the end of the date, if they're trying to become a kind of Bitcoin kind of ethos, then reducing people's privacy and their own personal independence and financial independence seems, you know, like a different, you know, take on what we usually expect from Bitcoiners. But I think I've read anything about whether they're putting any financial restrictions in or anything like that. And Bekelly did say that that for the vast majority of people that that life would continue as normal, life goes on as normal, except if you're a gang member, although it's not if you're a gang member, it's if you're a suspected gang member. So there's probably going to be, you know, Bernamine, their intelligence maybe, it could be amazing, but there's still going to be people that are going to be wrongly investigated, held without, you know, without reason and all of that stuff that's just not really good for your personal freedom and rights. So yeah, it'd be interesting to see how it plays out and whether, you know, these become permanent temporary, you know, powers or, you know, how it always kind of happens, that's slow creeping of power from the government. And what will be most interesting is if they provide any form of kind of financial sanctions on the people that are arrested as well, because obviously Bitcoin's about financial freedom. So that would be a bit of a controversial move. In many ways, I think the L Farrow correction was, this is so different from martial law because it includes taking away so many extra privileges. Martial law is mainly closing down the streets, kind of a military order, having a curfew, something like that. But this is like, you also get a curfew for all of your legal rights and we can spy on you and other stuff like that. So it's a very, they've gone very far. We all want to stop murders. We don't want people murdered in El Salvador or anywhere, but it does seem like they've gone very far. And as we've been saying here at the Bitcoin group, many countries are going to be interested in Bitcoin. We don't get to choose which country at which point likes Bitcoin, but we don't have to marry the first one that comes along. There were several things in this courtship of El Salvador that seemed wrong to anyone that read the Wikipedia page about Bukkele and how he came to power and how he nominated people, the Supreme Court, and used the military inside of the Congress to seize power that just kind of stood out as red flags. And I've seen a lot of very excited pro El Salvador, Bitcoiners, start to walk it back and start to realize that yes, we were excited. We got, we know, we had a sweet time with El Salvador, but we didn't have to marry them. There are many other countries coming along. I also, I'm not sure about the status of the Bitcoin bond last week. We talked about Binance getting involved, kicking the can down the hill six months or whatever. And the most recent article I saw said that they're hoping that crypto whales will buy the bond for them and solve their problem. Again, the crypto whales are probably going to want their privacy, probably going to want their legal rights and going to be curious about a country that doesn't offer those. Josh Tagalog, what do you think about the declaration of, I don't know, martial law or something similar in El Salvador? I mean, this is, it's always these talking points that are put out there to basically, and you don't know where these talking points come from. So obviously, it's a bad thing. I don't think it's a good thing. Governments be governments, they do it. But I quite frankly have been locked down and stopped from shopping and stopped from all sorts of stuff purely because I haven't taken an experimental gene therapy over the last two years. And so, you know, I haven't been up to anything. I've literally been martial law almost. You know, so there's also other things that play like, let's look at the inflation. We have record oil prices globally. And this hits the bottom line of very, very poor people. And when poor people get desperate, they have to, they start robbing because it's, it's either my daughter gets fed or, or we die. So I'm going to take it. And this is what people's mentality get to. So rather than just going, wow, full lockdown and he stayed, try lifting the middle class. Now, some would say in the Bitcoin community, well, he's trying with Bitcoin, he's trying to change the economy. And it's a slow process. But there's a whole bunch of things that play in different ways that that like I'm not a big fair in the government. I'd rather less. I'd rather fix stuff with markets, have more, have more businesses, have more entrepreneurs. And I guess that's being attracted. I don't know the full truth of what's happening over there. And I'd like to get some more insider on the street knowledge of what it's like to live in El Salvador. If they're having a record, numbers of murders, it's terrible. No one wants to live in that because that's really, really terrifying. You just want to live. You want to eat. You want to have somewhere where your children can learn and grow up in peace. And yeah, these, these quick sort of talking points, you don't know where they're coming from. Who's, who's gaining from this? It's kind of hard to make it come in. I agree, Josh. You definitely can't stop the murders by taking away the rights from all people. They're likely in a desperate situation. They don't know what to do. They're grasping at straws and the straws that they found are the take away the rights from all people. So it's not a good deal. It's not good for El Salvador. We'll have to see how it turns out for the Bitcoin bond and the volcano city and so forth. Moving on to issue five. Issue five, crypto gaming's biggest success story has been scammed out of $600 million. The NFT-based Axi Infinity, which allows players to buy and trade portable monsters similar to Pokemon that then they could battle with each other similar to Pokemon, but allowed people in other developed countries such as the Philippines to make a lot of money, a very popular game, has been hacked for $600 million. The money's gone. Dan Eve, your thoughts about Axi Infinity being hacked? First of all, there's the knee jerk reaction of the press, which is a huge scam. Crypto is the thing that's wrong. I say crypto is the underlying whether it's proof of work or proof of state, but that's hackable and that's the thing that's fundamentally bad and wrong and failed. Mocking the code is law ethos. Obviously, this goes down to the fact that this is a big screw up from Ronin. It sounds like they granted Axi Infinity access to the signing of blocks. Essentially, there's only nine signatories as well in the multisegle however it functions. There's nine signing nodes. They just conventionally hacked out of the nine and just sent away the funds, like some of them have even gone to Hobie and all sorts. Obviously, now Axi and Ronin, they're embarrassed by this. They've gone to the appropriate law enforcement, which again, it makes obviously you've got to attach the fact that this is human error. This isn't proof of work going wrong. Obviously, it's not still on Ethereum, for example, those sidechain networks, so it's not proof of work that's actually gone wrong. It's the fact that people have made security screw-ups and they've made their own software vulnerable. But is ironic now how the code is law is going to have the law to go, hey, guys, please help us find these people now that they've got all this money. But there's even XRP, which only turned out, I haven't really heard much about XRP. Apart from the lawsuit, which really has been still quite quiet, but apart from last time turning up and shitting on Bitcoin, I haven't seen many XRP shields, but there were a few in this threat going, XRP's never been hacked, which is just really interesting. But it's just like putting 620 million into a Bitcoin address with a multi-sig and just hacking those people. You're not hacking Bitcoin, you're hacking the individual people that hold the private keys. So if you've only got nine signing nodes, which sounds like a quite a small number for a federation of signing nodes, especially when holding such massive amounts of funds, you're going to run into problems. So, unfortunately, this is a human error. It's a bad security decision. I think they were meant to revoke the access around Christmas. And so they're even late in doing that. So yeah, this is all human error, sadly. And it's just another example of how code actually is law. However, humans operating is the bad part. That's still the weak linking the chain. I love doing you said, Dan, they should contact the proper authorities. I was like, what do you mean the NFT police? Oh, they should have been holding more of those NFT cards. If you hold enough cards, you can contact the police and they'll help you. This goes by Winking Donkey. I know there's been so many of these people there. I love this amazing technology that allows us to trade anything anywhere and send it over the networks and then they're like, but not my stolen ones. Bring me back my stolen ones. It's the same thing. We can't help you on that. It was also interesting, like Dan said, that they had allowed the Axi Infinity Company to have a special signing key and then sign their own transactions and they didn't revoke it. This is a lot like what happened to BitFinex. BitGo was supposed to confirm all their transactions, but then they're like, oh, it's too hard or it takes up too much time. Let's just put in a thing where it doesn't bother confirming and we'll just assume everything goes fine. And then the hacker gets in there finds it, realize that there is no signature on the exit and just exits with all the money. Josh and Gala, what do you think about Axi Infinity and their $600 million hack? It's amazing about this entire industry now is like, you know, I never even heard of this game and all of a sudden you hear about it because it's been hacked. You think, what? And then you go have a look at it and it just looks like the shitest game you've ever seen and you think, how? How did they have three billion or whatever? Like they've traded $3 billion worth of assets on this rolling and wallet. I like, you think, man, what? This space has gotten so big that $3 billion marketplace can run past you and you don't know it. Yeah, look, it's these contracts. It's a crazy, crazy world and where us humans have had thousands of years at securing physical assets. This is why I really like what we did with Voltaur to be able to allow people to trade gold, Bitcoin for gold and gold back to Bitcoin. Physical allocated stored in a Swiss high security voting facility fully insured, fully ordered fat doors, old school Swiss vault. So like we know how to secure this stuff. Crypto, in smart contracts, there's there's clowns out there. There's absolute clowns out there knocking this stuff out. They've literally done a year of JavaScript go, oh my, try my hand at solidity and they knock out something. They don't have a clue what they're doing. They have a good artist on board that makes really cool trading cards. People jump on it. It's just blah, blah, blah, blah. Someone goes, my my read the code. Oh, I'm going to hack this boom gone. Like this will happen until a years go by and people get very, very good at solidity and these auditing companies get better and there's proper rating agencies that are decentralized and people say, oh, that's got a trusted brand. It's got rating agency XYZ stamp on it and they know what they're doing with security. Even that isn't a fat, isn't totally secure, but it takes time to mature this market. This is all very new technology. And yeah, it's it's scary. And what's scarier about it is other businesses are securing their like they get funding and then they deploy their funding in contracts like that to try to earn more yield and they lose everything in their business. So you have these knock on effects of other businesses as well. But yeah, it's crazy. It's crazy. It's a crazy industry, but it is a large experiment. And if you're going to get in here and play around with some of these wacky contracts, yeah, don't don't bet the farm on it. You know, really, it's play you should treat play money with play money and keep the rest in Bitcoin on a hardware wallet away from prying hands. It is an interesting decision for the company to keep this $600 million online in cryptocurrency relatively steelable. They had other choices, right? Unless they were using this money actively all the time using it to trade. And but I think the pro the probably unfortunately the answer is they have tons more money. If you look at a platform like OpenC, I think that OpenC or crypto crypto punks either one of they've been taking in tons of Ethereum and just leaving it there in a big giant pile maybe even in the same wallet because they don't need it. They don't need that money. They have tons more. If they cared more about this money like Josh says they could have secured it. They could have put an international accounts. There's no business reason that I can think of to keep all of this money connected to the network except just laziness or not caring. Wasn't it a bridge though? So it had to be kind of it was a bridge so it was liquidity. It was just sort of life. So they had to they had to have this money online to provide the liquidity for the network. I think I think yeah, I think so. But then you've made a good point which is like surely surely there's there's you know you could you could have some sort of cold storage. Can you have a cold smart contract? That'd be interesting so that you can only actually hack a certain amount of time. I don't know maybe there's there are ways that it could have been prevented in the code. But that's the freedom of like these the smart contracts and it's just for saying like you know there's going to be all sorts of seals of approval that will come more like stamps right there aren't official regulation. Maybe really regulation. Effort falls. But no I think it will come with time right there. You know people that I think even CoinMarketCap in fact CoinMarketCap I know it's recently. I don't know how long it's been there for but they they they have the or is it Coin Deco I'm not sure they actually have a link to the audit report of the smart contracts. So although that's not a complete you know 100% safety measure because there could be issues with you know the the smart the audit the smart contracts could have been on an old commit and they're they're using a proxy contract and they're agreeable or something but you know at least it's a step in the right direction that people will start looking for the fact you know at least this is code this code is approved and this process is approved and blah blah blah yeah the more bells and whistles you have with assurance the better but yeah. What's crazy if you go to the the Axi sub stack or their blog or their website there's not a single word about the hack. You can scroll you can look everywhere I can't find anything they just don't talk about it and that's to me really really disingenuous it's really horrible they should be a bit more open I think. Apologizing like the BP guy in South Park we're sorry we're sorry we're sorry that does make it all better I want to agree with what Josh said earlier it's amazing to see how quickly these games grow it seemed like it was probably about a year ago one of the Kiro card artists is from the Philippines and he was getting really into it all of his friends they were forming a guild they were drawing pictures of the monsters and so forth and and apparently making good money people even talking to me they're like you should talk to those people and then woof they're so big that I probably couldn't talk to them and now this story about them losing the money and again it's the same thing is with Axi Infinity or with Alien Worlds the games aren't that good the games are very basic and I think something about the games though is that you can pound the clicker button and get a penny and I think that there's just legions of people that want to play this get a penny and it's also kind of like a slot machine maybe you could win a dime or a dollar you know I don't know and I think they're just into that very simple very time based goes back to the BBSs they used to have door games you could play once a day stuff like that and they never got to play those and they're excited and they want to make those pennies moving on to the next issue unbelievable issue you won't believe let's see issue five mark car pellis writes on twitter mark car pellis previously the CEO of Mt. Gox which went out of business crushed everyone's dreams hundreds of Bitcoin thousands of Bitcoin lost forever locked away the court case has been going on for years no one's gotten any of their money from the Japanese and their bankruptcy courts but fortunately everything's going to be fine because mark car pellis is going to give you an NFT if you have a Mt. Gox account you can now get the greatest NFT in the world proving that you're an OG cryptocurrency user Josh Jagala what do you think about mark car pellis's plan to launch the Mt. Gox NFT I mean you know for those that you know me long enough know that I've lost a hell of a lot of money on Mt. Gox and yeah I mean like we we we had Bitfinex basically tokenized their losses which was an interesting way of dealing with it back then everyone's like skeptical but they managed to actually pay back everyone somehow or they they bought everyone off and then they dumped and they bought themselves back the stock they they just played it like crazily you know it's interesting to see mark trying something else yeah like I you know in a way I I feel sorry for mark he was a young kid he bought pieces shit he was way over his head I don't know if there was any malice there I think he was just incompetent and but I have no proof of that so you know I'm a victim of that thing but I don't I try not to hold grudges because we all make mistakes and this this life is part of you know learning and moving forward and you know seeing this hey let's see whatever like let's see and you know here the the court cases are moving ahead it's slow it's always slow this is why you never this is why Bitcoin's important and multi-six important and even smart contracts are important because trying to do business international business and then there's a bankruptcy or whatever it takes years in fact most people die probably in fact probably the before anything gets settled because it's such a long and expensive process to do international court settlement of any dispute it's it's a terrible thing so yeah let's see what happens okay so Josh won't hold a grudge but I will so let's go right after this guy I think that it's time for him to leave the industry you've lost a lot of people a lot of money everyone's been pretty good to you no one's you know taking care of you or anything like that like we all thought would happen so I think it's time to just kind of go on and get a new job it wasn't too long ago that Mark Carpellis' friend who runs the private internet access company hired him to be a vice president a major executive at the VPN company he could have had a I don't know his status there but he could have had a good career continuing on in technology and VPNs and so forth he doesn't have to come back to crypto he doesn't have to do this again this is only badly trawled waters if he had released an NFT back in the day that would have been a valuable thing but now it just looks like he's copying the latest trend I'm reminded of the McCarthy hearings at long last sir have you know sense of decency have you lost all sense of decency just move on Mark move on do something else don't why would you want to do this anyway like remember that company that I ran into the ground and lost everyone's money well I'm giving everyone trinkets everyone can have a key chain from my dead company he was even joking with the light coin guy with Charlie Lee about the Midas engine he was like oh yeah it's going to be out in two weeks which is not a funny joke none of this is funny Dan Eve tell us something funny about car palace and his plans to make an NFT make us laugh well what won't be laughed at was your you're almost Freudian slip in in you said come and I thought you were going to save company but it's something like you're going to say something else but I don't know I think personally that I never I know I've lost any money but I know people that they have and and I think it's kind of two things that the first is that probably for a lot of the people that that did have Bitcoin even if they get some back now I mean what's the price back then in what 2020 2013 so what less than $1,000 easily less than $1,000 like I mean in 2013 it was as low as like 50 right 50 75 so so you know I think a lot of the people then would have would have had would have sold on their Bitcoin right and if they get some back now it's probably going to be worth more than what they had I don't know maybe that that's certainly a lot of you know you speak to a lot of hardcore old school Bitcoiners and they used Bitcoin because the whole you know the whole thing was that you had Bitcoin you used it is instant money you transacted with it the whole thing didn't come really until sort of what 27th was it well so 2017 didn't become a real big thing until until then so you know I used Bitcoin back then I didn't I didn't have it obviously on exchanges or whatever I tried to avoid that but possible apart from trading terrible terrible shit coins which is a bad bad idea should have just held the Bitcoin but but I think the one thing is that you know Mt. Gox was one of the biggest things in Bitcoin it was what really kind of put it on a bit of a center stage right that whole that whole scandal and so that's going to go down in history is one of the events that drove the public knowledge about Bitcoin and so by doing an NFT I think that that's probably actually going to turn out quite successful because although it's not an early collectible it's something that's by someone who's you know quite pivotal in what in that and it's four years into Bitcoin but who early in the adoption phases of Bitcoin so I think it's going to get some people back some compensation and you know it's better than nothing right it's better than a kick in the teeth Dan's right we've been mean we've been mean to mark we've been mean to marks NFT but bottom line end of the day will the Mt. Gox NFT be valuable we talk in $10 $100 $1000 more Josh Shagalla will his collectible maybe cheesy maybe in bad taste maybe he should just leave the industry and let us enjoy ourselves will his collectible be valuable man I've been surprised at the crap that people collect probably um oh man like damn some of these NFTs are so rubbish and people are like buying them like the hotcakes well I saw recently this guy that tried to get a curio card back in the day some kind of thing X copy very famous artists now sold like 15 pieces for $23 million in like half an hour or something so crazy things are happening out there Dan will this NFT be valuable and successful well I think timeline is is the way to judge that right and maybe you know that it will follow the curve that normal projects taken that that ranges huge right of what's what the point you could have bought it from and the point they went up to the point is back down to but let's face it the next cycle the point where it's going to go up to then so you know maybe we're kind of in between ball runs really like what we're in 2022 so we're about half way through to the next harbing so we kind of I don't know maybe during the next it might be different further like they might sell off initially because people be pissed off kind of like however long got Bitcoin cash back in 2017 and you know there was a very a very short dump then actually I think it went very briefly on the day up to like point four Bitcoin like Bitcoin cash but obviously it went straight back down and it's shocking now but I think that they make it may have a little bit of a drop when the initial dump has dumped because it's like an air drop for them that will be like fuck you Mark like screw you I'm not having your NFT but I think ultimately it's going to have a lot of value because of the significance of the event of Mt. Gawks and the history of it you can hate the player but you can't hate the game Mt. Gawks collectible will probably be worth something unfortunately moving on to issue six kraken exchange integrates bitcoins lightning network better late than never years after the lightning networks become a commonplace everywhere kraken is the first exchange to start using it many had hoped coin base would have adopted this with their billions of dollars and their advertising maybe crypto dot com maybe ftx but no it's kraken that's going to allow you to use lightning to send around your Bitcoin with almost no fees Josh Gala what do you think about kraken finally joining the lightning bus I think it's just fantastic I'm proud to say the Voltau was the very first exchange in the world to implement the lightning network network probably like three years ago now it's we were and that was that was back when it was reckless that was I was going to say yeah totally man it was totally reckless but we didn't lose anything we have our genius engineers in there he just made it work and yeah we need to reimplement it actually because we then upgraded and stuff but I'm really really happy to see a major exchange kraken my good friends over there do this I think it's wonderful kraken have always been really ahead of the game for a lot of stuff and I'm just glad that just did this I really feel like if we can push the lightning network quicker now with this sort of adoption of major exchanges then a lot of these arguments from the media going about about how Bitcoin is so bad for the environment because it's hardly any transaction every transaction called these transaction cost maths become a lot harder because what are you considering a transaction one hop or is it 10 hops until the final destination is that one transaction now and by the way there's like millions of transactions and there's all sorts of stuff going on in the lightning network I think it's I think it's a huge step so congratulations kraken get out there folks use it show them some love with this this is great well and this is a huge positive for consumers for people that use exchanges and want to move their money from their exchange to their personal wallet or hopefully like Josh is saying from exchange to exchange you can do it quickly cheaply fast with lightning network it seems like it should have happened years ago I'm glad they're finally with us but I don't know what took them so long Dan you're security yeah that's what took them yeah but you know everyone can buy security with a pile of money and they certainly have a pile of money they just weren't willing to part with it they're like smog they're like they just love the gold they want to see an innings or whatever that game was infinity had a pile of money they just didn't have a big enough dragon you've got to have a big enough dragon and that's why kraken has the kraken Dan Eve what about kraken and lightning network but I think is I think is also right um but obviously they they you know they've taken a while I think because um it's to it's a risk like to accept you know when lightning first came out um yeah when in fact I think I think you when like the first novel I bought um was uh if you if you turned like if you powered off your box you've actually lose the bitcoin that was in the you know in the early days obviously it was what it was uh very kind of emerging right so um it's taken a while for them to to implement it actually tricky as well the hotel platform that we used to work on accepted lightning as well and um that was in 2019 uh and I did a booking like a cool video idea it was a booking in one minute flat booking a hotel um and then Travaler implemented I think I think it was December but everyone was like oh Travaler hotel platforms it's a bit light and I was like oh we had that two years ago um so uh but kudos to them implementing it anyone who implement lightning is you know doing a favor to their network they're taking transactions off chain unfortunately um the you know the people are still going to moan about the in terms of the environment they're saying oh bitcoin only processes x number of transactions but you know it's just point out they don't take into account it's it's it's easy for them to just count the actual bitcoin uh like a bitcoin transactions and not include lightning and other other you know and other um uh transactions so state change for example so they they they laziness is just going to leave them to just use bitcoin specifically and so we don't really have a good picture of how many transactions are being processed because no one's bothering to to kind of um to do the research unless uh or certainly not the mainstream sort of articles um so yeah I think it's awesome that Kraken have uh have implemented it there's still a lot of exchanges to go um like you know coin base you would have thought would have implemented it by now it's complaining about this so um ultimately it's a good thing and it's and it's you know using a second layer bitcoin transactions are still what sub-satoshi so um yeah it's all good news yes the extra complications of the lightning network do make it difficult to do that multiplication where you say bitcoin transactions cost this much and in the future if they keep going up they'll cost this much but then you're like then the transactions all disappear and became lightning network transactions never predicted in my original multiplication but they never apologize they just come out with a new multiplication they had one a few years ago they said bitcoin will use all of the world's energy by 2022 and we're still waiting still hasn't happened multiplication fails again but we're running out of time let's go to predictions Josh Shagalla are you ready with a prediction predict the future I've printed not I don't really have a prediction but I did want to mention with the Mt. Gox thing uh just quickly I don't know if this is real like has map has mark up Alice's Twitter been hacked is the same because you go to the Mt Mt. Gox NFT.net and they want you to sign in to your Mt. Gox through that website like hmm I don't know like are people's site OGs signing into this now and they're getting the credential stolen and then the addresses swapped out so when the rehabilitation does happen like be careful folks that's what I'm saying that's what it is it is a very dangerous game he's playing with those credentials those credentials let you into the Mt. Gox bankruptcy but now he's saying those credentials also let you into the NFT but I agree Josh we have no idea if his account was hacked or sold or anything could be anything yeah yeah and what's worse it's April fools day unfortunately I don't think that it was all designed as an elaborate joke if it was that would be a hats off to Carpella's moment where we would then welcome him back in a Bitcoin we're like that is so funny that joke that you may and especially if you then published everyone's login details or something that would be just all around funny joke but that's kind of above Carpella some afraid Dan Eve do you have a prediction Josh and more on that now I'm hoping the open see if I got to open see the NFTs are still hidden and it says content not available yet so I'm hoping that maybe open sees doing it proper due diligence on this now nobody nobody does due diligence anymore they just say that Dan Eve do you have a prediction I don't have a prediction but I have remembered about because I was thinking you know I thought as soon as Josh said it is it really real I checked in the Carpella Street was from right in the 30th so it was a few days before April so you know you've always probably got your wits about you this I don't remember seeing any today any amazing April falls jokes apart from a peak shift in his paradigm shift in to Bitcoin again saying he was all wrong or whatever but I just my story of the week was actually where I remembered how April well so a while ago a few years ago probably about 10 years ago now I was just sat with my mates one day and and I had a cinema ticket in my pocket and I said to my mate I don't know what possessed me to do I just said here's his ticket show me this in two weeks but it's got to be in exactly two weeks to you know two weeks from today and I'll give you a surprise and then he showed it to me like two weeks and I'm gonna sat there and I completely forgot about it and he went oh here's that cinema ticket what's my what's my prize and I was like oh shit I was like you sure it's two days two weeks and he said yeah and we checked it and I went oh look is April falls how convenient how your surprise is an April falls and yeah so that's a very terrible story about terrible April falls and since it is April fools day I'd like to make a prediction as well that's both true and not true I think that the price of Ethereum is going up whether it works or not the Ethereum conversion from proof of work to proof of stake will result in a lot of media articles which will result in a lot of people saying maybe I should buy that thing doesn't matter what that thing is lots of articles lots of things the price goes up now am I saying that for real am I saying that because it's April fools day you'll never know and it's not financial advice also interesting side note and I don't know what to think about this but Vitalik Booter and released a paper this morning called what's good about Bitcoin maximalism or something it was like a positive defensive maximalism he talked about the singular focus of working on money other things that he found lottable about Bitcoin max list it's a really long and complex paper which seems like I think he's being authentic but then he released it on April full stay so we don't know if he's being authentic or if it's just really really complicated joke that we're supposed to get because you read this in the texture you read that in the text so I don't know but there's a lot of well I don't think they're very fun anymore I'm tired of April fools day but there's a lot of jokes out there that you can enjoy today so everyone enjoy your April fools day jokes Josh do you have a story of the week good story of the week is we're moving on with the standard very strongly it's really exciting and get over there onto the discord because we want more community members chatting more people talking we've got like two thousand members and they're all lingering so we want more talkers so if you're into new projects that have a serious team behind them and working on a really cool project come visit us over at the standard. I know and click on the discord link and what's neat about that Josh is it's not just like programmers or coders or investors artists other people can be involved in the standard you showed us a really fun sticker pack that someone made there's all kinds of opportunities like that when you get into a new project apply your skills and try to find a fit and then maybe I don't know you can get rewards or something I don't know what would happen to them but yeah yeah and that's the thing like it's one of the hardest things is yeah I've got plenty of friends in the VC space and for them to find crypto and crypto VCs and they've got all this money to deploy and they're like we can't find solar projects it's one of the hardest things and you know they're working for us and a couple of these people but and like that was the hardest thing is to you get all these people coming out of the woodwork and they have no idea what they're doing and either it's a really terrible team working on a really good idea or it's a crappy idea with a brilliant team and it's just really hard so I you know I know it's it's our project but we you know we're a bunch of well as Mark would say OGs that really understand the space understand the problems of the space we've run an exchange since 2015 launched in 2014 after Mt. Gox thing and we you know we know what we're doing and we've never been hacked the exchanges have been hacked we're a very solid team and we've been through the thick and the thin of it and we're still together so that's that's tough as well you know having a team that that sticks together so and we're building this out so it's and it's really fun and so great project it's it's you know the standard in stablecoins we're building so it's a really interesting project coming to you know it's great when you say OGs you're like we're a bunch of Mt. Gox NFT carry-in MFers you know we're all g's out there we got the old NFTs and stuff so but it is great that user interaction it can really help a project I enjoy the sticker pack and I know back in the day on CurioCards of Robeck and Max and some of the other people were drawing raccoons and sending them in and just that right there you know when you're working on a project that at the time CurioCards is very unsuccessful we couldn't get anyone to pay attention to have that one person sending us art and applying their skills and maybe have different skills or whatever but you could apply them to a project that you enjoy and you can make a difference and you'd be surprised because that kind of interaction like people that are willing to make a sticker pack willing to draw some cartoons willing to you know make a web page or whatever it is any kind of thing it's really valuable really helps you yeah and we're so early with just designing the whole bounty program and stuff now so you know getting there and help us so we're growing down we're a community and it's fun yeah I've seen a bunch of great stuff with a Mackie and handshake he's been giving out a lot of bounties and talking about how he's positively improving the project with these bounties and everyone who gets the bounties they all happy and they all work on more projects for the project so it really works out the the bounty type systems Dan Eve do you have a story of the week go ahead all right no I don't big pressure you got I know you have some major announcements that are coming up oh my car okay my very crypto based my car got broken into my by someone and right literally while I was about two meters away according to the the neighbors door cam the regional don't live in El Salvador that's all I'm saying yeah and it was like it was one of the yeah and it was one of those moments where I was like I had like 30 quid on my pocket and I kept some you know taking it around with me all week and and then I thought I'll just put it in the glove box because I'm sure I use it and the key the the god damn key thing I press it every now and then and sometimes it doesn't register the clothes or whatever and I you know got into the car first thing in the morning in the door slightly a jar and I was like Dan you're an idiot you know I didn't think any of the of it and then I noticed that I'm a girlfriend which is like rifling through loads of stuff and I was like oh you know you know you just didn't think anything of it and then I'm I mentioned to him but actually something about putting something away and she was like oh it was all over the car when I got in and yeah and then we realized that some some bastard had some crack head had broken into my brother break into it they they took advantage of my own stupidity of not closing you so I was kind of misleading unfortunately a bit there a bit like the old slip up between Marshall Law and and state of power or whatever it was but no no no I that was my own mistake there you go the car lock work so this is a great analogy of Bitcoin is the car lock worked but I didn't so the human error caused the the cacke the crack head to steal from me not not not the security of the car itself I definitely see a connection between Dan Stolen 30 quid and Axi in Fintety who lost 600 million dollars I'm seeing a right right together right there so excellent story Dan bring it bring in everything back together back to the Axi story my story of the week it's kind of interesting I'm in Las Vegas right now we're watching TV and they said that this local show it's kind of a dance troupe at the mjm called jabber walkies was making the first NFT ticket slash collectible on the Vegas strip you get the NFT you hold it in your wallet you use it as admission to the show after the show the NFT then becomes a collectible that you could sell on the market or collect and enjoy as proof that you own the ticket and you attended the show we've predicted this for years we talked about these ideas for years and it's super exciting to see it actually happening right here in Las Vegas being innovated so shout out to jabber walkies I've never seen the show sounds cool and respect for being the first NFT ticket slash collectible on Vegas at least anyway so oh well that's a good point you've just reminded me that coinfest in in November what was because I was chatting to the adam the organizer and what was meant to happen was that anyone that came to watch me sing slash rap comedy sing like it's all for joke it's not serious but anyone who came to to watch me we'd get an NFT but we never ended up doing it so we almost could have been the one of the first well there's there's a similar story this week with people where people had released during his Genesis launch or something a hundred one dollar NFTs that were called politics is bullshit and at the time that's all you got is this kind of phrase and the token that represents the NFT he said that now you know six months later whatever he had more time he was producing a physical look like a political yard sign that said politics is bullshit and that he was then going to send this out to everyone who held the NFT and he talked about how the NFT was kind of like a subscription kind of like a club and it's great to see these different ideas developed by different people and again eventually everyone will be able to use this kind of technology so that's cool and I think with that we're running out of time so be sure to give us a thumbs up down below press subscribe and until next time