The Bitcoin Group, the American original, for over the last ten seconds, the sharpest satosix, the best big coins, the hardest crypto currency talk. We'd like to welcome our panelists, Ben Arck from Ellen Bins. Josh Egold from thestandard.io. Hey everybody, welcome from live from my EWC blockchain days. Ben Eave, the crypto raptor. Oh, let me go. And I'm Thomas Hunt from the World Crypto Network. Moving on to issue one, issue one, Bitcoin, Coinbase stock, and Ripple, soar as the Ripple ruling bolsters crypto optimism. Cryptocurrencies across the board rallied along with stocks as a federal jail ruled that Ripple's sale of tokens on exchanges and through algorithms did not violate federal security laws. Bitcoin prices broke through 31,000, Ethereum through 2000, Ripple went up 80% and Stellar went up 50%. Ben Arck is the bear market over, and more importantly do Bitcoin, Ethereum, and other crypto currencies not have to worry about being called securities anymore. I mean, I don't think Bitcoin is over going to be called security, but I think it's the reaction of all the markets seeing a light to telecoms to regulation and say some of the impressive possibilities more so that we could talk to which could be good to the securities. I think that's the end of the news just before Bitcoin. And absolutely like Bitcoin has like quadrupled in price easily in very short periods of time. And we're still, there's still no one knows much interest in Bitcoin as they should be. So yeah, I think I think it's started. I think I know it's too simple you're going to get that easily. Does this just not that far to go? Because the trading market is so elite. So yeah, we're totally in the book market and you have so good. It is amazing how fast it happens, how fast things turn around. Josh Agala, Ripple was quickly re-added to cracking coinbase other websites. What do you think about suddenly Ripple? Yeah, I mean, I'm not a big Ripple fan. Never have been. It's one of the oldest coins next to Bitcoin. I think it came out just before like when I can't remember it was a long time ago, but yeah, I mean, they've been around for ages. I honestly don't see. I'm not interested in what technology banks used in that decade. I couldn't give a score rat fat. So you know, I wish you all the best. Good luck. I think it's great. I'm glad that there's some clarity in the market. And I think it'll give the market a definite boost and be interesting what I had in Ethereum. But we need to go ahead now from the S&C. You know, they've said in the past, it's not now with the proof of stake. Maybe it is again, a total ridiculous fast human weird. For my point of view, it's like humans come along and go, oh, we're going to put a name on this and do rules and make any sense. Let's see. Let's see. It has been amazing to see Ethereum transform itself to proof of work, to proof of stake. And again, perhaps the way they rolled it out, getting the coins out there will make a stronger proof of stake system than we've seen before where they centralized quickly. They might centralized slowly. Dan, Eve, what do you think about Ripple? They used to call it the bankers cryptocurrency. The one that wanted to be regulated and the one that famously paid the SEC an enormous fine, which then gave them legitimacy at least for a while. How they're back again. It's like the longest running ICO. That's the craziest thing is it's the with all the sketchy ICOs that they're out there and it's the longest running and there's only still raising funds. And what's crazy about that is that when I was finishing off by workplace insurance and banking company, I went to the early blockchain conferences and London, there was like, Ripple is the banking product. And I'd be like, I Bitcoin, like, talked to the Treasury Department and they'd be going, give it, have you heard of Ripple? It's going to, it's going to, it's going to found that it's the foundation of banking. And I'm like, it's nice. I see how Bitcoin's different and they kind of didn't understand. And the whole, like, Ripple is the new banking infrastructure. It's been prevalent for so long. What's, what's called about this is that not only because like the fact that it's kind of, it's in the face of the SEC right. So they've been really hard, really heavy with all the other cryptic ICOs, is it Algo and all the other ones that they've been delisted recently. But the fact that Ripple is like the worst example of an ICO, it really sets the stage for all the other terrible ICOs out there who can go like, yeah, but Ripple, you said wasn't a security. And whether that's a good or a bad thing or not, like the markets and public opinion, that's good. And as much as Bitcoin is nothing to do with Ripple, people still associate Ripple with Bitcoin because of this whole crypto Bitcoin, you know, this analogy, not analogy, but synergy. And so it's ultimately good for Bitcoin because Bitcoin will always prevail. Whatever ICOs are out there, Bitcoin's going to prevail. If a judgment goes in the, in the name of an ICO, it's still going to make Bitcoin look good. And it's going to make Bitcoin look even better because Bitcoin wasn't an ICO. It was a fair launch as we all have to say. Yeah, I mean, it's a bad decision in a way, but a good decision for Bitcoin. It has been interesting to watch as Ethereum and Ripple pretty obviously raised money in front of everyone and then said that they didn't raise money. Moving on to the exit question. Exit question, will the price of Bitcoin be higher or lower this time next week? Ben Arck. I don't think it's solid. Josh Egolyn. Yeah, we are. Although it's already lost all the gains I made yesterday. Dan Eve Bitcoin, Mitchell's grandad, true Boku. And now unfortunately, I left the magic eight ball upstairs in the hotel room. So we'll pretend there's a ball. Will the price of Bitcoin be higher this time next week? Got to shake it for bubbles. It says yes. The price will be higher. Yes. All as spoken. Moving on to issue two, alleged crypto cook, Brooke Sam Bankman freed asks judge to allow his close friends to visit. Sam Bankman freed the leader of FTX, robbed hundreds, maybe thousands of people of their life savings. And now he'd like to have this friends over to his parents house, where he hangs out with his dog and plays video games. Josh Egolyn, SBF is still not in jail. The trial hasn't begun and the judge they'd like his friends to visit. Do you think he should? I think this guy, you know, the SEC go around taking everyone down and and do all this sort of thing. And then he's someone that's literally stolen life savings from thousands and thousands of people that really cause suffering. And it's very easy to see that what why isn't this going to trial straight away? And making, you know, I mean, I don't like making an example. I want a fair trial for the guy. But still, like, what why isn't this being done? What's with him being a whole other being able to play video games? It's like their state is treating one like a child. You get in your room and you play video games by yourself. I need probably plays online games. I'm not sure. But so you're seeing his friends anyway. It just seems very strange, very strange to too many, too many turned off spack of the day. It is interesting if you've heard a person, you generally go to jail for it. But if you steal money from thousands of people, they let you stay at your house. Well, it's like if you murder someone, you go to prison. But if you murder 10,000 people, you get a good business part class ticket to the high today. It's a very strange legal environment. Even this week we've seen people posit that if you're running for president, you can't be accrued accused of a crime or habit of trial against you because you're busy running for president. Obviously, Sam Bankman-Fried should run for president. Dan Eve, what do you think about Sam's request? It just wants to have his friends open for a sleepover. Come on, mom. If I was back in the day, if I was grounded, it was like, come on, come on, come on. Just hang out. It'd be like, what's the point of the punishment? No. But I wouldn't have this like, oh, this kid gloves thing. And we've seen this, we've seen this, but heard about it all along. He used to, he was doing interviews, right? He was just like flapping around. He was talking to all sorts of people he was doing. He was almost like made more of a celebrity after he became a, obviously innocent before proven guilty. But when you literally on a podcast or being interviewed go, yeah, I co-migraged funds. Oh, I like it. You probably have met some of the crime there. There should be less of the kid gloves and more of the really think he's just a met to a crime. It's like, if someone's accused of something and we're going to still interview them, you know, because they are still innocent until proven guilty. But if on a previous interview they're like, yeah, I definitely murdered the guy. You'd be like, oh, we better not interview him because it's fucking crazy. And, or not, you know, maybe, sorry. Yeah. But it just seems like, you know, he's paid too many people out. Whether it's both sides of the political spectrum. He's done a lot donations. And if you're a clever guy in that position, you're going to be thrown money everywhere because whoever's in power, you want to know that you're not going to be prosecuted. You're going to have all the nice treatment. You'll have all the nice teas of saying it, I am playing. Like imagine if you're a kid, you seem like quite a kind of, he's obviously very intelligent. You're a young white heart. He probably wants to sit there and play like well and walk prasas for a whole day long, whatever. And they're like, your punishment is staying in your room and playing on the internet. So it's not really a punishment, but ultimately the cause are going to decide. Obviously, he's obviously the mixture between a philanthropist and a sociopath. That would be a philanthropist. There you go. But he's, yeah, I can't see him not doing gel time. But unfortunately in today's climate, I can see him not doing gel time. I think he's going to get away with it. It would have sort of cleared you. Someone else to go down, the legal team will blame up them saying every decision was actually down to them. I ran the coming line of funds, yeah, I ran it by the lawyer. So the lawyer is actually going to go down for it, not me. Then, Art, what do you think? You just want to have his friends over? I think it's just another example that we have produced in this close. It being obvious that the legal importance is in which you have a little bit of it. He's just, he's from an old money family. He's one of the boys. They're going to look after him. Nebitism. Yeah, it's just the nebitism. The nebitism is going to the place where it's the first place. And the usual kind of behavior is that for as long as they can, they will keep them under their wing and take them with all the power. If there's a not public, sort of opinion, we say, so I'm going to say bad guy. Then, you know, you see it with other people, you've been contacted by the inner powers of the sort of like the US that it will turn on them and turn on him as well. It can be made an example of it. So it's just, it's just another example. You just talk about a marginalised board case and just get a check in jail in the US for very minor crimes. And there's effects in few people as well. Yeah, exactly. But there are many people. Yes, there are people who use the sunbum and freed the fact that like it's, he should be locked up straight. I mean, if you're playing by the same rules, but yeah, it's just an example of an inequality and an ex-e-nebitism or a share to you. I just want to add, like a lot of people want blood and I understand that. But at the same time, being on the side of the side of things, I blame really the fact that the regulators punishing these, you know, other coins where we're building technology and have decentralized exchanges. And the whole point is to decentralise much. But yeah, there's no perfect being like, yes, you can definitely argue that the Ethereum is not decentralized enough. But there's this technology which we have now where we have these liquidity pools. We don't need these central authorities to hold vast amounts of honey pot and screw up the business and whether it's on purpose or by accident or have some sort of corruption like San Magnifruinert, allegedly. It's really, the fault is the community's been using this nonsense over and over and over and over again. And it doesn't matter how many times people lose their money, the next exchange will come to real and people will use it. So we need to build better technology. That's how you fix this. It's not by putting someone in jail and hanging them in front of, you know, a thousand people so everyone can watch and die and re-lock. It'll just happen again. It'll just happen again. It's not helping anyone. What helps people from not losing money is building decentralized exchanges full stock. It's a very good argument. We should be used in war, but they could just say, you know, if you're able to invest in going out and you could just say, well, we don't want to let somebody who can just need to be able to lose money, that's probably what the decentralized exchange is. And that's the idea. They'll be quite a nice way of putting that. One benefit decentralized exchanges, though, I think is a really cool idea, is that the idea could lock the LP tokens as well. So the fact that you can, you know, fair enough, anyone can build a LP currency ball out there and say, there's like a million dollars against, you know, so that it will be traded, but they can pull it at every second. You know, you could lock it and the forever locks, you know, they're still scan coins that have done it. But at the same time, it's still kind of better than an exchange where it's an invisible order, but you've got like, I watched it like, you know, when back in the early days, you'd see on certain exchanges and you'd be like, how are they doing a million dollars of volume where there's like not even like five, five thousand dollars of five, you know, at least you've got a completely transparent liquidity. Or when you lock the tokens in, you know, that someone can't just come on one day and pull the Quince tokens and pull the, you know, pull the, pull the Ethereum. And so it is a bit more transparent, but we need, I think we need more of that. We need less of the, and it also with the decentralized exchanges, it's encouraging people to hold their own coins. It's doing that whole principle of going, you're not sending your points to an exchange where it's a black box, right? You're sending it to a smart contract, which you might not be able to read the smart contract, but there's other people that have reviewed it, ordered it to do it. There is obviously, if nothing's ever can be trustless, you've got to reply on, you've got to rely on the computer to know that it's not going to screw you in some way, but at least it's more trustless than a centralized exchange where Sandbag would free walk around in a Nissan Micron. I do. Well, one thing I was thinking when you give me a talk today here of my yoga blockchain days, Ben, was you were talking about your first decentralized marketplace on our and Beards. I'm seeing you, because Bitcoin that can't build smart contracts on Ethereum in terms of the complexity of being able to have these liquidity pools and all that jazz. But couldn't you build another decentralized system that interfaces with Bitcoin? It says, it's very, very exciting, because a couple of people have said what you could make a little bit of coins on your stuff. Yeah. It takes a really interesting idea, particularly if you're like, you're doing physical buys and stuff. Obviously, we could just sort of record something out. I actually spoke with the founder of Bitcoin with Jeremy, and the last thing I said to him was, can you make a little bit of coins on my stuff? It was like, you're a try. Yeah. That's so cool, isn't it? Yeah. So I hope he does. Well, let's move on to the exit question. Forced prediction, yes or no, the San Bankman Free did to see his friends, Josh Shigal. Yes. Dan Eag. Yeah, he's thinking of the other people. Ben Arck. Yeah, I do. Yes, we all agree. San Bankman Free will see his friends. Moving on to issue three, Satoshi or not, here he comes. An incredibly long article in Forbes today written by Michael Delcasteel, posits that whether or not Craig Wright is or is not Satoshi Nakamoto, may no longer be the point. The point is that now his company NChained and Tulip Trust, among others, have acquired somewhere near the number of 4,000 software patents that Wright may use to attack, not just Bitcoin and blockchain technology, but open source software in general. Dan Eag, what do you think about the return of Craig Wright, alleged Satoshi and his 4,000 patents? I've been to NChain. I've met with two doctors that worked for NChain. And both of them said that people who worked for NChain know that he's poor shit. And I don't care about saying that because I was sat on the table opposite him when he said Satoshi is probably dead anyway. And I've said that a few times. But what else can you go on? This guy is walking around the earth. He's got 4,000 patents. And he's a patent troll. He's been doing it from the real early days. And he's going to continue doing it. And unfortunately, patents, you've got to have a huge legal case to go and open to patent. That's a bad thing. But it's going to happen. They'll be like, he's not going to hold all these all these patents for long. He doesn't even understand the MIT license. Do you think anyone argument recently where he didn't even understand the MIT license properly? And I don't know. I think it's an abuse of power. And the fact is that as long as you don't run out of money, you can create the case against anyone, especially in the UK where the library laws are completely horse crap. This is very ancient. So it's all on the person. It's a really good book by Ben Gaul and Aka. He was actually sued by that. I think he was one of the, I don't know if it was any really good book called Bad Medicine. But the fact is, like the law is especially in the UK, I think it's very bright, taking advantage of wherever you can, like trying to someone until they run out of money. But ultimately, the Bitcoin community's got more money because they kept their Bitcoin, whereas he sold it all for BSA. So they bought it. We bought it. Then, Eric, what do you think about Satoshi or not Satoshi's army of 4,000 patents? I think the amount of money he has, and then all these patents, I think it's more that he's challenging for an open source license system. And I actually don't think the three open source licenses have been challenged properly enough. So that's where the real danger is in the three open source communities. We tend to just trust that these licenses have been tried and tested in the legal course. And I think that it might not be the case. And this is where we do probably try and force dimension. The reality is that those licenses just will have to be upheld because you will have to show the damaging impact on software industry. Every time the Craig Bright School is called, and I've actually gone through the court process, he's just really made full of work. He's got to do it himself. And it's embarrassing to be able to trust him. So if any of this stuff does eventually go to court, then we continue to do that. The month's not going to show you. I mean, I don't know about you process. But even when he won the case right game, did he win kind of win the case game? No, he won it. He lost it, right? It was like a lost it. It was like you got one pound of wards, one pound of damages. Oh, yeah, he won it. So he won it, but they were like going, you literally talk out of your ass like everything you've done is about the case. So you kind of win this case on a diffact like a policy, a policy, a policy, a policy, a policy, that's what. That's your time. Well, that's a bin. It's gotten to the point where this guy is just a software tool, a paid control, and it's really awful. It's just such a bad actor, bad actor in space. And anyone that's really close to that community, we can only see that he's just being a bad actor. And the trouble is they're financially motivated to basically lift him up because if he goes around suing everyone and what an alarm BSV to do it, they're basically, I could, it's just proving that he's not such a, because it's just something that such it wouldn't do. Yeah, everything that I knew of the guy and I was around back then reading the forest when he was still around. It's not his murder somewhere around it. Whatever. It was, you know, he, yeah, it just doesn't seem right. So this whole software trolling, patent thing is just so disgusting and really something that, you know, that was the whole battle when the pirate party launched and Napster was out there and Spotify was trying to battle to get, you know, it's something with the Jeep from music. This was the whole battle, right? The whole paid control and people just trolling new softwares and trying to pull them out, especially in specifically in the music industry at that point. But we've, we really, I don't know, it's popcorn time. It's popcorn time. It's a big part of what you just keep on going. It doesn't matter. We'll see Craig Wright has a lot of lawyers and a lot of money. We'll have to see how the patent cases turn out, but it's an excellent article in Forbes. Very detailed. Although perhaps does give right who is an alleged con man by a lot of people allegedly, of course, he gives him a lot of credibility and the article seems to believe a lot of the statements that Wright has made at face value with no evidence or backing such as his claims of 20 university degrees and so forth. So it is a little generous perhaps for Forbes. Moving on, we'd like to thank everyone at Mayorka Blockchain Days, where they're right now, we're on the island of Mayorka, Mediterranean Sea, Shoutout to Chris, everybody that works so hard to make this conference possible. Thanks for letting us use your stage in the middle of the night. Moving on to issue four, the US government is preparing to sell Silk Road Bitcoin again. Yes, the US government has $300 million in Bitcoin worth more now and they intend to sell it because it's dirty Silk Road Bitcoin. Ben, what do you think? Should the US government sell this Bitcoin or should they use it to build 50 Smithsonian companies? One in every state. Yes, there's a good use of the money, but they should definitely sell it off slowly. We just don't want them to dump in the bar care with huge $1 million. But it's a lot of these days, I still haven't seen it. But yeah, they should probably knock dollar price down. You can do that. You can do that out slowly. Yeah, they should probably do that. The price goes up. You're getting more and more every time you sell it. Yeah, and it seems kind of ridiculous to what you're doing. Yeah. But yeah, they should do this in some way. Congratulations, US. Easy money. It does seem like they've been irresponsible with the previous amounts of Bitcoin that they've sold, allowing the profit to go to someone like Tim Draper instead of the American people or even the Smithsonian museums. Why does no one care, Josh? Why has the US government not been punished for selling these Bitcoin where it's worth 10 million, and now it's worth 100 million. It was worth 20 million. Now it's worth 200 million. I mean, why do they keep doing this? Because governments are full of shit. If they actually wanted to punish drug marketplaces, they would at least use the funds that they have been offered to help victims of drug marketplaces or something like that. Instead, they just keep it and dump it. It's just totally ridiculous. The system is just a bit stupid, but I really see it so clearly about that. It's unfortunate. And it's the same with the SEC where the SEC takes down something. It's not like the victims of one coin get anything. The victims of Bitcoin ads. They just take a fine and then that work fight goes to the state and whatever. Nothing really. The victims are totally overlapped, of course, so they're really hurt. Dan, what do you think about the government selling so-called Bitcoin again? So when Draper bought it, was it something that was still hyped? $40 million of Bitcoin in 2017, which was early 2017. So it was like $3,000. It's now 30. So that's $400 million now. Surely you'd think that they'd have learned their lesson. But there's also the conspiracy, right? That the CIA invented Bitcoin. They're saddened to touch its millions. And they're like, well, what's $300 million of Bitcoin? Because we already have a million Bitcoin, which is one in 21, essentially, the final problem. Obviously, it would be great if they built, if they built museums around the world. But I think the governments are very short-sighted on the thing. The people, you know, not saying every government, but it kind of seems like many governments. They only see the short-term value and they don't care about what's being passed on. And so, although you always think about what, you know, I think my favorite, my favorite, analogy about passing odds of future generations is about, what's the guy for the Rolling Stones, the racist? No, not Jack. The other guy. The Seth Richards. He Richards, like, it's a really funny meme. It's like, think about the world that we'll be leaving for Keith Richards. Sure. But people don't think about the immediate future. You can look at their own kids. They think about the profit they're not paying. We see that in government all around the world. And so they're making very short-term decisions. And was it Serbia that actually held Bitcoin and Raveman to pay off national debt? Was it? People who they allegedly lost the Bitcoin, they acquired it from a credit card. They don't. And it was incredibly valuable, perhaps even more than the economy. Is it Bulgaria? Yeah. I think it might have been administratively lost. So she's some kind of voting accident loss. Well, lost on a yacht. But it is. But I do think Dan is nailed in here that the reason that the US government would sell their Bitcoin is because they have so much more of it. And they don't care. The CIA reason, because obviously if you had tons of Bitcoin, you're selling 300 million. You don't care. There's nothing. And that's the only possible reason you could really explain their answers. But even 300 billions are drop in the ocean. So what the natural spending is isn't that? What the national spending is in America, it's like, it dwarfs in the UK and any other government. It's, it's tree. Isn't it like, isn't it over like 1.6 trillion that goes into the army if you're a community in the US alone? You know, such a small amount. Just hold on to it. Like, it seems like it's, this is a play on the future. Bitcoin has been around for 14, 13, 14 years now. But Dad, they fucking print the money man. They don't even care. They don't even care. They just make their own. They just make their own. They just make their own. That's all right. Because they just thought, we're going to sell, okay, what about this? We're going to sell 300 million dollars of Bitcoin. But tomorrow, we'll print a trillion dollars. And we'll buy the dark markets for my 600 million dollars. It really, it really is to a lot of money. To a garment that size, it's more like a rounding error. It's pretty funny. But still think it's an act of war. Printing money has to be an act of war in general. You think about, if we're all on the level playing field, right? And like, you've got one of something, you've got one of something, you've got one of something, I've got one of something. But I can just make three of that. Like, should you be going, what, how many you just make three? You know, you could just buy a small amount. Like, that's an act of war in terms of how international negotiation is. I think it's really bad that the general obviously money printing things horrendous. But hold on to the Bitcoin, just like, you know, then it pung. The SEC obviously failed the failing eggs, like the, about gauge Ripple. Don't make the announcement now, you're going to sell a bunch of Bitcoin. Hold it, especially when Ripple is pumping because Bitcoin is going to be. I guess the problem is them holding it, they just don't know. It doesn't, it doesn't. Oh, yeah, yeah. So they have to double that. Yeah, because if they see it as an investment, then it's an investment. Also, I think there's pretty specific laws on how they treat a stolen or what's it called? It's more probably like on. And, you know, if they take a yacht or they take a boat off a drug dealer, they just sell it. It's not a matter of that's a collector's yacht. That's a great yacht that will go up in value. It's more where the government we don't really own. We don't really own Bitcoin. It's a gold or something else. They'd sell it as well, but they wouldn't do that with dollars. If they find the dollars, they will, they just want those to be kept. But they can also print more dollars, which is great. Let's move on to the last issue issue five. The Bitcoin family has a special algorithm that tracks moon cycles, and it's helped them gain 50% since the bear market bottom. We've talked many times about the Bitcoin family out of the Netherlands, famously sold their house and all of their possessions back when the price of Bitcoin was $300, which should give them enough money to not have to worry about anything. But somehow they keep writing these articles in CNN, CNBC about the Bitcoin family. I would have walked away years ago from this nonsense. Josh Shagall, what do you think about the latest claims that not only did the Bitcoin family allegedly buy early in the year? They simply buy early, hold till the top. But now they're just casually jumping in and out of the market with their amazing ability to predict the price based on moon cycles. It's just a clickbait at like. It's a clickbait family, I think. I mean, it's a beautiful story. It's one of these stories that it's a heartwarming but family puts everything on the line. Oh, they did really well. Wow. What a wonderful family you are unreal. Imagine if it were in South like El Salvador, which is this is reckless. You put your children's schooling into the Japanese or whatever. Let's see. I hope it does well and start looking at the moon. Well, they lived in a campground. They sacrificed everything. If you really think about it, having they already made enough, do they really have to time the market? They left a claim that they're timing the market. It seems a little absurd and I wonder if perhaps they don't have the Bitcoin that they've claimed that perhaps through their ridiculously complicated, but they've all sold storage procedures which they've previously and unwisely described in the media, separating their keys to five locations and so forth. If they lost enough of those keys, they lost the money and maybe that's why they're so good at gambling and timing the market. What do you think Danny's using moon cycles and flowers? It just seems like recycled astrology because there's certain events where you could kind of, you know, you, you, there's an event where if you acted quick enough, like when when the SEC decision came out, if you went long on on rip all the notes and you make money, but those are meant to soak you and far between the, you know, that is and usually it's more that bad news. The market reacts faster than good news. If it's someone who has bad sales, they release their annual results and you get the quick enough, you can make a few bucks out of it dropping and the market is going to drop more than if they had good results usually. It's if you percent, but you know, doing it 200% in the market is a lot more. But the problem with these predictive kind of, you know, we can sell these cyclists is that and I try to look at what was that app? It was like it was like a app where you could buy algorithms and it would give you these these sorts of indicators. But what what you'd see is that they would they would update them. So if you took a screenshot and then update into the latest version of that algorithm, they would they would pretend that they predicted the previous history better. And but if you compared to the screenshot, they fucking changed the history, they changed the history and their predictions. So so this is the problem and and whilst I am really admire them, they're incredible like they're the fact that they took that huge risk. And I even said to like when I was when I was being made redundant, I was like, if I'm a shy sell my house to my boss, I was like, and I was like, she doesn't have a house in but into Bitcoin. This was a big or is like 600 dollars. He was like, no, that's crazy talk. Obviously, you know, but even if I had and I done the dive that this family had done, there would have been a thing that I would have needed to sell my Bitcoin for. And and and I would end up, you know, using just the money and this is the risk that people take. Like a lot of people I've known when they go, they dive into hedge first Bitcoin, like I'm Bitcoin only they forget about the day job and income. And then they go, I'm going to rely on the Bitcoin when Bitcoin drops, they then have to sell the Bitcoin and then they end up going through this bear market with the lower price Bitcoin and then nothing when the outcome. And it kind of seems like I hope it's not because they took such a dime. It kind of seems like what they're doing is they sold all their Bitcoin off. And now they're going, what can we do? Oh, we know a lot of contacts who interviewed us and we sold everything. We're going to try and pretend that we predicted the markets. I hope they get it right. I hope that they make everyone. Dave, what's this show for the magic able? I don't know. Down the right. I think what they really want is a reality show and they have no money and they want to be famous because like you guys are saying, I group for these people to they made a big investment. They were super early. They should be well off and relaxing. They shouldn't be trying to time the market. Like you said, there's only a couple of big news events. And if you don't get on in the first 10 minutes, which means that you're on the internet 24 seven looking for those big news events, that's not not by the idea of a vacation or relaxing thing. All we kind of hear from these people is they move to the country with the lowest taxes or the no taxes and they're avoiding things. I'd like to just to hear the story about the mother and the father sitting on the beach reading books, the children going to wonderful universities and working in the fields that they choose to work in and having that freedom to choose that. That's a winning like this. Addict into the market and you can protect it. That's not really winning. That's just more stressed. And I think they want a reality show. Then I want to think about the Bitcoin family's ability to protect the market with moon cycles. I think they should think that. I think there's probably truth that they want the. They click back that they want the likes and the chasing the likes and then I'll have to be there 15 minutes of fame. They want 15 minutes of fame every six months. I am how I'm going to say completely the opposite stance when it comes to the moon once one it's higher than the different life I worked in a. I was out for kids with severe emotional difficulties and I was the house parent about 12 kids on this take the unit. Whenever we had full moon we would have extra members of staff because the kids would go fucking nuts humans think about humans before this stuff before life before synthetic lights. If you're just sitting in the dark it's you go to sleep you wake up all your time is spent at labor when you have a full moon humans like throughout hundreds of thousands of years. Billions of years when you have this rare occasion where you can't stop a little bit later and you can buy you can breathe you can you know you can do all the fun things you can do at night. Humans behavior just changed. Yeah, on a lunar cycle. That's what it's called. Exactly exactly because you can't because that they're lunatic here. So I can't say can the opposite point here and I think that it kind of makes sense to me that if you can if you're going to. There's all these traders on the computers and then there's this inbuilt mechanism. Yeah they see a full moon outside and they're like maybe I just start a little bit later or maybe I'll be a little bit more reckless with my boys. I think it's I think it's probably good. I'm going to get to trade them throw through through chat GbT's code is to offer to get to church. Toilet chat is very quickly so I asked chat GbT the other day if it thinks break up right is so she is. Basically went no. So I'm afraid so the I was early on with the I star. This is the some of the big corners of anything we pay the light. I think you ask a question like this is well before the church. You do think and they made this part of a hack day and we were like, I want to ask him. I was just a touchy so it's that's who is the touchy because it was just great thing to the internet. It went freight right to touch you. So glad that the LML LN and a I to figure that out. I'm just glad that one person on the panel took up and stood up for the moon cycle predictions. Priced it was been the most technical among us next to be talking about astrology. I can also predict the price and choice. Well kids like all going nuts in the middle of the night. Yeah, you're tired to do it a night shift. And then there will stop beating each other. It's three in the morning. Yeah, please. It's hot. Yeah, and then somehow somehow I find out what the price is going to be and somebody gets it for a ride. Well, I definitely believe with my wife she's she goes on because we're out of the woods. The only thing is is it is a self-fulfilling prophecy because like I so my mom was like that. Apparently I was diagnosed with ADHD like years ago. My mom was like I didn't tell you I went to the doctors never like sound like ADHD when I was like 21. I was like I didn't tell you because I thought you could act upon it. And then I went back to uni. I was like, boom, fucking idiot. You want to go? And I was doing all sorts of crazy stuff. So as soon as I found out about it, it was like the full moon. It was like it's a full moon. I can be crazy. So is it like the they make it's almost like the myth of the full moon. And they're like it's a full moon. You know, it's crazy. I think if you do, if you just send yourself back to that area of history. Yeah, it makes sense. It's not like I think it's quite a bit more. We might then have, they didn't have computers. They didn't have anything. So you think about how they track the star cycle. It's anything. That's crazy how they notice these things. But when all you do do. What in a day is go find some food. Eat the food and that's it. Lie down and look up the sky. You will, you will notice every single star. I know you now you remember things like where do I store something on Google? What's in my show. We use all these different apps. But when back in the day, they didn't have any of this stuff. So all they did was look at the stars and go, Oh, they've changed. And it's not right. You know, they had, they were able to focus up 100 times more. And so. Up from where there was a full moon. And then they would go. Oh my gosh. Oh my gosh. I think we reached the end of the show. Ready for predictions of story of the week. Then I'll go ahead with the prediction or a story of the week. Just being here, but it's nice to hang out in the real space with you lot. And it's good to catch up with that when a meal. We're calling. We all have been calling days. You know, it's the last. That's the last. That's the last. A trendy word. Well, we've got anyway. The conference we all got chain days. It's a fantastic conference and they do an amazing job. It's very small. Very intimate. So real heavyweights like you don't usually see in the. It's the guy the economist you coined the phrase once and easy. He was here to talk in a set like. A couple of dozen of us in the room. So it's nice to go to hang out with those people and talk to them and pick their brains. So the next year when you see this meal, what chain days pop up. We're talking about it. I can take it. Me all because lovely cheap flights to milk. And it's a little high signal about. Yeah, a lot of them. Josh Shegol. Yeah, I just have to back that up. It's been really great. I look forward to the good thing about my local blockchain days is always a boat trip at the end. Where you can bring your treasure. And. But it's a there's a boat trip. All these people just hang out. We all hang out on this boat and head out and go swimming in little spots around the. It's absolutely gorgeous. Chris does an amazing job. What do you guys on? It really is speakers talking to speakers. So you're getting the high grade talks. And the latest sort of state of the union kind of things on some of the technology and the philosophy around big coin and crypto as well. But yeah, fantastic conference. Definitely recommend. I'm going to go completely against the grain and say that there's something real cool that's called New York of blockchain days. It's amazing. Like, and you go to some of these conferences and there's like a VIP area. And you're like, really want to go and chat to the speakers, but they get whisked away like in this in this sort of like. Yeah, if it's missed of people, there's an entourage and they they just disappear. But here you can chat to people and you can find out just the most incredible thing. And this is my favorite thing like so so better to talk early. It's like activating the lightning light using using like lighting. Now this is just so cool. And you can go and chat to any speaker. It's really personable. And yet you've got this huge conference. I've been to Miami, but I've been to things like what show you're into the what was that huge one to block blockchain week in New York. And everyone's got there like, you know, I tried to talk to our page and I was like, hey, there's like 100 people around him. You can't get to chat to it. Yeah, it's bullshit isn't that. And then you get all these tools that have come out of the woodwork in the last like year. Like Mr. Wonderful, they didn't get treated like, yeah, he's been quiet like, yeah, they're like, just go away with these people. It was funny. I did go to that Mr. Wonderful conference in Vegas. And he walked down the center of the thing, pushed me right out of the way. And all these people are following him all. And you're right. He went from one speech to one speech to speech to the back via the room and then he was gone. He was not drinking and eating with us at the rest of the conference. That is something which they like some conferences they actively create that dynamic where they hold speakers away. They have a special people that they settled they sell on it at the Miami coverage. You can buy on whale pass 20 grand. Yeah, 20 grand. I was going to say 10. I can't go out well past this and run from doing it. I was like, hey, you have the way to get to hang out with the speakers. Ben wanted to tell him just a little bit about the lighting ball and how it works. And then we're going to end the show. Yeah, cool. So we was, I just had a bunch of spiral electronics. So I did like an atop workshop where we made a non-stop sign twice, Bitcoin hardware wallet, and point of style, island point, lighting point of self ATM thing. And then also this Bitcoin switch project. So we just picked up a couple of these cheap lighting balls. So like six or eight from Amazon. And I love them because they look like the other bits logo in there. They're the same. And he was super simple. We just get the SP32, which is kind of a little relay. And the SP teacher has a website with Alan Vicks. When it has, when there's a payment that sends data to the SP32. So what pin to turn on for how long? And then it just turns on the cheap. Or on the status, the lighting part on. And yeah, it's really nice. So we're going to do it again and think it was cheap materials probably about like 10 pound of head or something. And everyone loved it. They thought it was cool. So I made them so it was great. And so they again, it's very space to be able to just do like an atop workshop. One one tiny bit. So I get from saying, I was like last year will be here before it's like, you know what? I'm going to write new tune for for for 10 days. And then last year I worked too hard and I was like, I didn't get it. So now I've written one. I'm really proud of it. Hopefully I'm going to try and get in front of everyone. And then it's going to be soon. But it comes. Everything. Yeah. Well, I can't do that. I have a sleep peak. I'm flipping it. Well, I need it. Come. I need to go. Wait. It's time to use your first thing. There you go. I love it. I love it. So. And so you can do crypto after wrap coming your way. Very cool. And once again, thanks to everybody at the Orca blockchain days for having us and letting us have the room. Sorry to everybody we're unable to upload this episode live or have the zoom thing with the graphics and all that stuff. Basically, there's no internet. So we managed to record the. We hope we can upload this soon. And you guys can watch it when it comes out. Be sure to give us a thumbs up down below. Thanks for commenting in the chat and leave us a comment below later on. Until next time. Bye. Bye. Bye.