The Bitcoin Group, the American Original. For over the last ten years, the sharpest Satoshi's, the best Bitcoin's, the hardest cryptocurrency talk. We'd like to welcome our panelists, Ben Arck, from LNBits. Even it all? And I'm Thomas Hunt from the World Crypto Network, moving on to issue one, issue one, David Bailey. David Bailey announced on Twitter, our journey started fourteen years ago when Bitcoin was only ten dollars. Our mission was to make Bitcoin real, something we called hyper-bitcoinization. Roughly a year ago we decided to take that vision to the next level, with a launch of Nakamoto. Today, I am proud to announce that all of our companies, Bitcoin Magazine, the Bitcoin Conference, and something called UTXO Management, are now under one Nakamoto Incorporated. Everyone is now complete, and the next chapter in our mission to Orange Pill of the World begins today is day zero. Thank you. And basically it says that Nakamoto Incorporated will acquire BTC Inc, which includes Bitcoin Conference, Bitcoin Magazine, Bitcoin for Corporations, it says, and something called UTXO Management. This is a very complex and fascinating issue, as we reported on a few months ago, Nakamoto originally launched with many insiders allegedly buying at around a dollar. The price of the release, when they took over the kindly MD, which was listed on the NASDAQ, they took over that company, took their symbol, the price went up to thirty dollars. Then everyone got mad, all of these influencers seemed really well off, and then the price went back down to a dollar and then down to thirty cents. What's interesting about this deal is according to the details which are online and are not exactly clear, it seems like the deal was at a dollar. So they continued to keep the stock price at around a dollar rather than the actual thirty cents. And it seems as though this company, which I believe Nakamoto owns around something around twenty six thousand Bitcoin is still valuable. And they've given that to the BTC Incorporated Company in exchange for their conferences. The only person to vote on this on the board was something like David Bailey, something like that. It's a very complicated issue. There's been much reaction online with some people allegedly saying that David Bailey used a ninety nine percent stock collapse to buy his own empire. Other people saying that David Bailey followed through on what he said he was going to do, which I can confirm being at the Bitcoin conference, not speaking with him personally, but just watching the show. He talked about buying the conference, buying the magazine with the Nakamoto's. He was much more psyched about the price and the potential of Nakamoto's as a Bitcoin Treasury company similar to a micro strategy. This is of course when the price was up now that the price is down. Presumably that's hurt this whole project. Justin Beckler at a bit 110 on Twitter at 1914 ad rights. You can't make this up. Yesterday David Bailey overstated his own company's revenue by twenty eight percent on X spaces. His legal team was forced to file an eight K this morning with the SEC correcting their own CEO. Today Bailey announced his Nakamoto is acquiring his own companies. Then he goes on an X space hosted by Bitcoin magazine, the company he's acquiring, and tells investors that Bitcoin incorporated a new TXO did over a hundred million dollars in revenue. Today Nakamoto issues a correction because the actual number was seventy eight million. He overstated the revenues of the company selling to himself by twenty eight percent on a space's deal hosted by one of those companies one day after announcing the deal. It's very interesting stuff as he says this is the man who compares himself to the Medici's the Morgan's and the Rothschilds. Now he's on spaces during the Aux Chucks routine playing the innocent builder who stumbled into seven hundred and ten million and has no idea how any of this works or the basics of running a public company. Since very strange. There's more comments going on, but we'd like to go to Ben Ark. What do you think about this whole situation? The Nakamoto stock, the Bitcoin incorporated companies being sold and David Bailey himself in the middle of it apparently overstating the value of his companies and then having to force a form as you have to file forms and retractions if you make incorrect public statements on the Nasdaq things like that. I think there's this tiny two versions of this story. It's a nice juicy, salacious one which when you look at it all the events which have happened it seems like it was calculated from the beginning though it was basically a pump and dump so you would have. So they buy a kindly MD which is an Aux Stak listed stock through this reverse merger spec. It's a mechanism which means you can then have a company very easily go public without having to go do the things to go public. You just reverse merge into this what we call the zombie corp. Even though kindly MD wasn't quite a zombie corp at that point. And then it seems really clever, but it also seems suspect. If you just launched the company normally, I don't think they would have got on the Nasdaq but he uses this clever move to get on the Nasdaq then he's at down to a dollar. Nasdaq is talking about delisting him. That's when he does this. I don't know how to understand it yet selling his own companies to him. Well let me go through my exact trainer thought because I don't want to lose it. So there's one version in which there's this very calculated move that they, I mean so that happened. So they do that. They buy the kindly MD. They have a public company which they were able to use as a treasury company. Treasury companies are very hit lots of people getting into our treasury companies. It makes sense to run a treasury company and we covered it on this show. There was some pipe investors. So there's people who were able to invest in the stock before it kind of goes public and people really start investing in it. That includes people like Adam Bagg, James and a lot of those sorts of people. That pushes a price up to about $5 from a dollar. And then when it goes out to just the general retail investor then pushes a stock up to $30 because we had all these influencers saying you should go by NACA blah blah. Right. And then the theory is that Bailey knew that the stock was going to crash and then he would take out a bunch of loans from Crackin and from our house which has happened. And then he used to enrich himself by buying his own two companies back using the Bitcoin which the company owns. Now one of those, there's parts of that which are true and then there's parts of that which are just aren't true. So the reality which is the other story, the other version of the story is Bailey sets up a treasury company. It has issues. It hasn't got Michael Sayler on CNN which is the thing which really pushes a lot of retail investors towards micro-strategy. So it has some issues. The stock drops, the price of Bitcoin drops, confidence and treasury companies drop. And then he, in order to save what's left of NACA Motto, what was Kangli MD, he then sells it Bitcoin magazine and then also the conference company in New Texown management. No, no, I think it's the two companies, I think one of them does two things. He sells those two NACA Motto in a way to bring some confidence back into the NACA Motto stock so it doesn't crash completely. Now I actually think that the second version is what actually happened. When you look back at it retrospectively, well the first version all is very calculated but I know David Bailey was very stressed out when the stock price collapsed of NACA Motto and it traded at 30 cents. And if you trade at 30s under the dollar for things like three or four months then you're at risk of the nasty listing which then really under values, I mean the value just falls out. And the craziest thing is they have enough Bitcoin in order to justify the stock price being at a dollar but the faith in the stock has just dropped so much that it's on the floor. Now I know that was an incredibly stressful scenario for David Bailey and contrary to what some people are reporting they think that these pipe investors who came in and bought the stock at a dollar pushed it to five dollars and went up to 30 dollars they think that they all bailed and sold their stock at 30 dollars and it was basically an elaborate pump and dump for an insider crew of Bitcoiners. Now James has spoken publicly on this he's still holding his equity in NACA Motto because he's you know he's still losing it which means he's made a loss. He's lost a third of the value. It's now a third of a value as what it was before or less. So I think that might be true of some of the other pipe investors as well. The public finding, filings will probably clear that up. But yeah I think the reality is that they started this Treasury company. It struggled and it's had some issues. They've scraped to keep the thing alive which is why they had this craze, this huge loan from Kraken based so the Bitcoin which they own they use is 150% collateral to get a massive two I think it's like $200 million loan or something from Kraken which means that if they default then Kraken would just take 150% of the worth from the Bitcoin which they own. So he tried all these different things to keep NACA Motto alive and then the kind of the last thing he can really do is he has these two companies which are very valuable like the Bitcoin conference is huge. It attracts thousands of thousands of people. People spend a lot of money to go to that conference. It's probably the most successful financial successful conference which exists. He then sells those two NACA Motto and it's effectively on the cheap. So because he's pricing the share price at a dollar he didn't buy it for Bitcoin. He bought it for shares. So he's bought the conference for example. He's bought that via NACA Motto shares but price them at a dollar but then at a dollar they're at like 29 cents or 26 cents or whatever it is. So effectively the NACA Motto company has bought Bitcoin magazine, UTex and management and I think the other company. At a 70% price reduction so he sold them on the cheap and like I think for barely this is like an all on nothing plate. It's a ballsy move. I think it'll be alright because they still have a load of Bitcoin and this is the conference which basically got Trump to like it's a very powerful conference. There's a lot of powerful friends. It'll be alright but I think it's kind of a ballsy move because if NACA Motto now like fails as a company it's going to take down the Bitcoin conference company and UTex and management with it. So to me it seems like the last move a dude can do to breathe some life into the NACA Motto stock and it isn't this big conspiracy where he planned it from the beginning and you know I have some personal info on that. It's all keeping some people where I would think that that's very unlikely from some of the people I've spoken to and including bail himself at certain times. So I just don't think that's true. It sucks because lots of people lost their money but we talked about it on the show like NACA Motto as a treasury company it just isn't micro strategy in the public market because they haven't got the micro sale guy on CNN talking every five minutes. And micro strategy got three or four rounds of free money before they figured out what he was doing. The index fund not adjusting anymore, not being able to go to the private market having to go to retail, he's lost a lot of his magic too and they by being late and copycatting followed him. Yeah, basically they were just copying the model and they thought it would work and we spoke about on the show we said we underestimate the sale effect. So yeah, I mean it's one of the things you look at the other thing is as well like as far as Bayley's because there's so many investors who were annoyed at David Bayley over the NACA Motto Christ Prushing from $30. Now if it does for whatever reason if regulators start sniffing around and it goes to court or some tribunal or something, he can just simply say look I sold these other companies which were profitable and doing well and completely separate to this NACA Motto interest. I sold those cheap you know 70% price reduction to the company for shares to try and keep NACA Motto alive which I would think shows willingness to make the investors in NACA Motto whole at some point. So I, it's because when I first read those, was it just in, was it named just in the guy who wrote the Twitter threads on the whole debacle? Was it named just in Belkbethl. Belkbethl. Belkbethl. Belkbethl. When I first read those tweets I was like oh wow okay well there's something afoot here but then just delving a bit more deeply into it. There's a few in Acrocytes like the price reduction thing. Good luck to Bayley and I hope the investors in NACA Motto are made whole. That's what I don't get and that's what I want to understand is that I don't know if David Bayley is a genius or a fool. Oh man it's not doing my camera again. Oh I assume you're just terrible. I think it was doing the camera. I don't think it shows the close up of me on the thing. I think when I switch to this it's going to show you. Well that's all right. Good to just look at me. I want you to just look at Ben but I'll try to talk anyway. But anyway is David Bayley a genius or a fool. He seems to hit every branch on the tree on the way down. I don't know what he's doing. I think that I agree with Ben that the conference is valuable at the very least the conference mailing list is valuable as we saw just a few years ago. Money 2020 this financial conference that nobody's ever heard of where all these people in FinTech who do payments hang out. Nobody even knows this is a thing. Their conference mailing list was incredibly valuable. Their company sold for tons of money. So if there's value in the Bitcoin conference it's in that mailing list. It's in the people like Ben said that they can motivate to come to their conference and to buy booths and a sponsor and make speeches and all the things. Bitcoin magazine I don't think it's that valuable. I see it at the Barnes and Noble. There's always five copies. There's always ten copies. I always buy one. Then other nine copies remain until the end of the run. Then you know a new copy comes around. I buy one more. It's expensive. It's glossy. It's difficult to read. The articles are increasingly more and more right wing which I guess because they one is okay but I still argued for this middle way of not making Bitcoin left or right but making Bitcoin both and everything. They have gone their own way making Bitcoin right has been said electing Trump backing Trump. And then now look they're going to get returned for at this horrible crypto bill which we're not talking about this week because it's not directly up. But it does seem like the banks have won the crypto companies ripple and coin base etc have folded. The stable coin interest will be no more. So the democratizing power of crypto which started out really big. We're going to do all those things. It came down to making money in your savings account making 4% instead of 0.0001 or whatever the banks offer and we lost that too. We're not going to have that but you can have crypto. Anyway I think there's another thing we should talk about here Ben is a really interesting comparison in my mind between Bitcoin magazine. Let's talk Bitcoin world crypto network slash mad bitcoins. And what's interesting is Bitcoin magazine starts early started by maybe Tony Gallipi some Bitcoin BTC pay guys and as well as Vitalik Booterin who wrote for them and so forth. Sold to David Bailey David Bailey gets rid of his old magazine. I can barely remember the title now but he had an old crypto magazine got rid of that transferred it over took over that then David Bailey buys let's talk Bitcoin says that he's going to use it doesn't use it you know he can make a choice it's not his fault. Everyone can buy a thing and not use it Yahoo does it all the time but let's talk Bitcoin goes away they try to come back there like let's speak about Bitcoin let's discuss Bitcoin some other different name same crew doesn't go anywhere world crypto network mad bitcoins just keeps plugging out normal small YouTube episodes. But David Bailey's up on the stock market doing all this dance to Ben with all this money in the conference what an amazing thing that he's built whatever it is whether it's good or bad loses these people's money it's a massive enterprise of thing that he's built out of nothing. I just don't know if he's a genius or a fool I'm going to check the comments now what do you think Ben? I think he's hopefully my son's back because I've only asked me a bit too loud there. He's a clever guy like he is a clever guy he's a young guy and you know when we're all young we all made mistakes so I'm sure he's not without his mistakes but he's clever guys you're a guy he's always been good to us and despite you know the BTC conference being the biggest corporate conference out there they've always made a space for the free and open source area which is nice and then done things like pay for people's playing tickets and accommodation if they were helping out in the free and open source area so yeah I've got time for him I mean I generally overlook you know I think he's a nice guy seems like a nice guy he is I think he is connected to kind of older finance and money so I think that probably helps when it comes to engaging with the traditional markets and building up these big companies Thomas but yeah good luck to him. Well they say in the chat that Ben is much louder than Thomas in the chat and that's why I won't switch my mic over I don't know but Ben's muted now and it won't still want to switch my camera I'm going to have to go in the settings and double check it again it's been an issue but I don't know what we'll do about the sound I tried to turn mine up but it's making its way way back up that's not he isn't it that what well I don't know what's going on with zoom it's so sad these software things they used to work and then they just break them and they start working I don't want to be crazy loud either so yeah how about now? I'll tell you know he's making his way back up maybe it's oh I know maybe it's like slept with newbs Thomas this is why this is why David Bailey as these big companies because he knows how to work microphones yeah well the software keeps changing that's one thing but it's interesting Ben you say he might be tied to early money also we know that Jack Mallorz and publicly he's talked about this they have direct ties to like the old banking families or the old Chicago mercantile exchange and so forth I don't want to display anybody by saying banking families but yeah it's interesting to see on Twitter there's lots of this is this and that is that upset people with David Bailey and all this stuff it seems it seems really clever I just don't know if it's a I mean legitimately so I mean I think I've changed the saying so it should be right now I order should be bad people are legitimate upset because they you know they they thought that this was a new version of strategy and it was going to follow the same strategy the same strategy you know trajectory of 100x things thousand x and whatever strategy did so people invested large portions of their stack into it they gambled you know like I mean it's public record but some of those pipe investors invested tens of millions into the raccomer so we say you know they made a bunch of money when it was up it's high but someone like a James Sunlop you know reportedly and then to go ahead and say that he kept his stock because he hasn't made that game so I can see why people are annoyed that you know that but this is what happens when you if you know if you invest in something like that company it was also so weird for me Ben with that one because I thought everybody was all in Bitcoin especially some of the people on that list and then this thing comes out oh we're investing in stocks now and we're investing in stock companies and I guess for a while people were investing in micro strategy and I was like reading about it and talking about it but not really investing in it because again it was like well I invested in that crazy Bitcoin thing maybe that'll work out but the micro strategy went down the Nakamoto's went down Bitcoin went down I don't know what but I know so with it we say for the strategy for example so I know a couple of legit free and open source developers in our ecosystem where everybody knows who were able so they had you know they worked for Bitcoin company they had there 401k whatever and then one of the or they had equity and then when they switched left a company then they switched the equity and because the strategy was the only Bitcoin company essentially they could switch the equity too they switched it to that and then that was early on the strategy then strategy pumps really hard and they just make a killing on the side selling options for strategy as people holding the equity and they made you know I watered them out of some money which they could retire on and then these are the sorts of people you wouldn't they're not like traders or anything that the source people you wouldn't think were involved in investing in strategy so I mean I never went near the thing but yeah there's a lot of big quenches we made a decent stack off it I'm not strategy and I can see why I mean I think I thought the same thing with the Nakamoto thing and I always tempted I was like well it's the money for you know I can't see why it wouldn't do the same thing as strategy and make it on a minute except that that seems so obvious anytime you're like it'll do the same thing because of this it'll do this because it did it before that's always how it comes before the fall with the obvious investments and still won't show me on a close-up video the strategy says Starship says strategy sorry Starship Starship says that we're more equalized well that'd be good but he also says he paid off his mortgage with master gains last year can't stack stats directly in the tax advantage accounts so there you go there's a good reason to buy micro-strategy and I think it's not able to yeah pay off his mortgage that it was always well because you certainly not investment advice but maybe this Nakamoto's is a buy who knows maybe it's a sell-and-stash short that's good news too because that's an example of somebody who was clearly able to dump some to pay off a mortgage so that's great you know good on him well exit question what will happen next will David Bailey be a big success like a micro strategy in El Salvador were a few years ago and now not anymore maybe even a few months ago or will David Bailey fail horribly these companies collapse Bitcoin magazine be set to the fire the conference sold for their mailing list these other things just kind of burned in a random to tritus and maybe kindly MD makes a comeback what do you think Ben? I think the the biggest risk that Bailey's got because he's quite a public figure and he speaks a lot about these things and then he can easily get himself in trouble which he did with the overvaluation which again you know these companies made 87 million in revenue which is great and in a in a Twitter space as he says he's made over 100 million now that's the sort of spiel which you you know you say in the locker room are they made over 100 million and they are they made 87 million but so he's like he's you know he's just pumping it up when he's begging it up a little bit and it's sort of thing yourself the cuff but actually there's real world financial and you know there's a he then had to they had the company that not come out to then had to list this a common word called an AK or something that's some sort of a form with the SEC to say no it's not actually valued at this so I think that that's probably Bailey's biggest risk I don't think he's going anywhere he's he knows too many people he's too connected you know like as we said he's the guy he basically got trumped that 250 million in investment from Bitcoin as to help him win the election right he's he's not going anywhere and I think it's kind of a balls he play what he's done and hopefully like see an akimoto people hold by incorporating those other companies into it I hate to say it but I think this is one of those smart plays at the bottom he's buying his company cheap he's selling his company cheap he's holding everything if things go back up he still holds these companies he still controls them and now his portfolio or treasury company or whatever we're going to call it is up to so this could save the company but again not investment advice you do what you want to do moving on to issue two issue two sbf reborn sbf is back on twitter quoting that there's 10 myths about him and ftx he's very upset that people think he was insolvent or the money went away he's also very proud of his investment acumen if he had been allowed to hold his investments he says why he had investments in anthropic and they made clawed he had salana at incredibly low numbers as well as other coins however as many people responded to him it wasn't just that because of his investments as it says here anthropic at 7% 58 million salano tokens SpaceX through k5 robinhood all these great investments he made good investments with other people's money and then he couldn't survive a bank run his one interpretation sbf has been pushing this interpretation on social media himself as well as attacking the democrats as he's suddenly a right wing cartoon character version of himself in his profile many people responded that people were unable to withdraw their money because he had converted the customer deposits into bricks of heroin but the street value was highly that substantially higher than their total liabilities so he doesn't understand why he hasn't been pardoned yet people are not buying the sbf transformation story as it said here on master at master xyz you were not convicted for a liquidity crisis for bankruptcy or poor risk management you were convicted for using customer funds without consent giving alameda undisclosed preferential treatment and making statements to customers and investors that did not match the internal reality your thread rewrites the timeline and replaces the legally relevant facts from about november 22nd without comes that exist only after the bankruptcy estate regained value as others have said this is false the definition for solvent for exchanges you have to have the customer assets in the form the customers held them which you can return to the customers at any time they want ftx did not do that according to at austin cambell on twitter they were insolvent guess what go to me tomas hunt what do you think of ftx coming back in the sbf drama or even vice versa well obviously this all just my personal opinion but i don't think his come back is going to be successful i think he's trying to get a pardon from president trump he's trying to reform his image and while i agree with the twitter posters who say that his investments were incredible obviously we always should have invested in an ai company early we wish we had the altcoin that was the winner all of these other things if if as accused he took the customer funds say you invest some money is supposed to be there in bitcoin he's supposed to hold the bitcoin he's not supposed to take the money invested in other random things by a television ad with tom brady whatever it is even if it turns out great the funds are supposed to be held there is my understanding of exchanges although it's interesting to think that banks actually take your money and loan it out over and over and over again using a multiplier and so forth maybe ftx just sbf just thought he was a bank ben arc what do you think is sbf going to get away with it will he get a pardon do you believe he's a right wing cartoon character now so empty gucks for solving i didn't realize that you know when it all kicked off because uh ultimately the bitcoin ended up being worth far more than the debts which they owed their users it's it's it's a terrible argument that the you know i invested in all this crap with users money without their knowledge and one of the things i invested or a couple of the things i've invested in have pumped enough to wish about that we would now be solving but at the particular time at that time he wasn't solving those investments weren't solving and the again we covered on the show like the the actual accounting system they had in ftx was terrible i mean they're more than that they're not going to count success and it's just him moving money and paying off politicians and paying out all these things and invest and all these things so yeah it's I mean he's in jail I mean he's in jail I don't understand how he can be using a phone and tweeting out i like the his new profile picture he's actually using his real face because he's real you know clearly he looks like a corrupt human um yeah there we go there's like he couldn't possibly engineer his actual face to look like that and smile so um yeah maybe he's going for the trump pardon you know maybe there's some back channeling and it's like if i can make a bad public image and they give you some some money you know he's from again he's from old money he's from a rich family um maybe he's maybe saying look if i give you a billion if we can spin the public narrative can i get one of them pardoned so there's trump pardons before you leave and it could happen you know as it could happen um but yeah and it's a good point that um within the exchange world like they have these crazy runs like i think cz said that they survived to think of seven billion dollars in one day or something um everyone on perfect terms that's a good contrast there too Ben that cz is out and free touring the white house running around the world collecting pardons and so forth and his buddy sam at ftx who cz as we all remember stabbed in the back by saying that they were not liquid saying that you should get your money out etc whatever you said back in the day uh and uh that stab pretty much took sam down um he's out he's fine he's doing great so uh it's tough for sam he must be tough to see that well i mean yeah but it's also tough for those people who lost all their money in ftx um i think we all knew people who lost money in ftx so there's no more sympathy for that guy um in my how much he tries to spin an narrative so which is why you know i think you know he gets a lot of he's having a lot of backlash from people uh from trying to spin an narrative but i ultimately i don't think it matters i think it the current uh government you have in Thomas if you give them enough money and give them enough of an excuse to pardon someone and they're pardoned someone so perhaps he won't be pardoned he'll be back at it that's why i think it all depends on whether sam hid away or squirreled away some money uh for all we know that's happened with the allegedly with the dread pirate robert maybe he had some money to pay later uh but i'm going to go ahead and go right now forced prediction will sbf get his pardon i'm going to say no uh because of what we said he had all these investments but he doesn't have them now if he had the money from an anthropic if he had the other money i agree with bent he could buy his pardon i don't think he has enough money to buy a pardon unless he has sources of funds that i don't know about bent arc what do you think force prediction does sbf get his pardon yeah oh money they always win suddenly yeah it'd be fun going different way we'll have to see how that turns out moving on check out worldcrypto network dot com we've got 4762 videos including recent shorts with me and ben right here on worldcrypto network dot com moving on to issue three kevin leary mr wonderful kevin o leary wins a 2.8 million dollar defamation judgment against crypto influencer former crypto influencer ben bit boy arms strong uh the case apparently involved an issue where kevin o leary's boat might have struck another boat things might have happened mr arms strong had a very negative characterization of those things which obviously we don't want to be sued for defination we're not going to repeat uh according it says here that uh perhaps mr arms strong accused mr leary of murder uh which is a horrible thing to say uh this uh it says his posts with drew 156,000 views had his oh my goodness they had kevin o leary's private cell phone number along a call for followers to quote call a real life murderer that post resulted in a 12 hour suspension from the platform uh arms strong tried to fight it saying that he had mental health issues and bipolar uh this is a continuation of the bit boy collapse and i don't think you know it's hard to say but it probably doesn't even have the 2.8 million to pay him uh so this could be a real backbreaker for bit boy a huge victory for kevin o leary mr wonderful from shark tank then arc what do you think about the continued bit boy collapse he was a big time commentator he was promoting alt coins he had little graphics that flowed down the screen like pardon the interruption how awesome that was what great graphics he had uh then there was a lot of internal drama alleged problems with uh women in the workplace people's wives uh lamborghini's money alt coins bribery all kinds of alleged things happening with bit boy and then now there's a disastrous judgment first times a bit bit boy highs isn't it um i mean in the UK we're we're kind of used to slander uh in traditional media and that's why for us you know when we see people posting on Facebook and then the police rocking up and knocking on the door and saying oh are you doing that you can't advocate burning people's houses down whatever like for us to start a huge shock like that that happens well i know in the u.s obviously you have much um more light touch when it comes to um free speech or you know just complete blanket free speech as opposed to selected free speech which is what we have basically in the UK um but it seems to me like people are getting a little bit more twitch on the old slander front in in the u.s um i'm hearing more of these core cases where people in the u.s are uh they're running um slander court cases against people and bit boy seems to be one of these people i mean it's a wild thing to do and particularly publishing somebody for somebody's phone number uh you're picking a fight with somebody's rich and influential and has the money and the resources to sue you uh but i think you know in social media people it contorts people to become obsessed with chasing those likes and bit boy did that chase the likes to the point where he hoisted himself with his own retard um and uh 2.8 million there's a lot of money and i don't think he's that rich a man you know blue or one lambo's and whatever else so yeah i mean like it's something we should you would expect to happen if you did that in the UK but i think maybe in the u.s it's a little bit less likely for that to happen so do you find that Thomas do you find that the u.s is becoming a little bit more sensitive when it comes to slander cases i mean i think they want to be i think there's the idea of um like prior restraint they want to make you afraid so you can't say anything that's definitely a trend that's going through the country here as well as with uh rumors about people who discuss or disagree with ice uh having their records drawn and so forth so this idea that there will be some kind of future retribution for speaking out maybe you shouldn't speak out but i don't think this is really the case here with bitboy this is a really childish and teenage and obviously incredibly destructive to Mr. Leary uh thing here posting his phone number accusing him of murder this is beyond the pale uh this isn't just a back and forth like celebrity argument uh it seems that he went at him in directly where there's this unfortunate incident with the boating accident but then to also post his personal details which again who knows how he got those uh details i don't know if they were friends or connected or if it's publicly available or what but uh yeah it's a big disaster and it's the bitboy story is just a horribly sad in its own way sad story but he did kind of destroy himself at every level if you look into it he he were screwed up his business he screwed up his financial and personal relationships he did a bunch of uh questionable things backing all the altcoins so and so forth so it is interesting to see the different options we often talk about how Brian Armstrong and Brian Armstrong and Coinbase went a certain way being a registered and you know controlled and regulated exchange CZ and Binance went another way being an unregulated and you know uncontrolled exchange although i think that's changing now to see bitboy be kind of the unregulated out of control youtuber he really went his own way with that i think he took it about as far as you can not that we're regulated youtubers here but uh we definitely don't have the reach or the the up and the down that bitboy did what uh what do you think Ben what a what a violent up and a violent down for this character like even just as a person like what a horrible ride he had to go on even if he caused it himself and obviously he hurt people people invested in these altcoins people invested in his company they invested things like that i mean i guess it's like it's sort of shitcoin mentality isn't it means like polonia psychology um where you're you're you're addicted to the adrenaline of it all you know this this thing which i'm buying could make me unfathomably rich or i lose everything and that that is you know chic coin land that's what they do um so clearly that type of character maybe the bipolar type of character is attracted to that um but i think this is probably more of a case of somebody just chasing those lights too hard and too far and and it's the you know it's the algorithm shares and it's the things which are baked into traditional social media can talk humans um in a way which Nostda doesn't so he's Nostda and then you won't be chasing the like dragon and putting yourself in it is funny to think about what must have been going through his mind he has probably a feud going on with Kevin O'Leary they're going back and forth message to message and then at some point he decides he's going to you know end the feud with this a ridiculous accusation and then posting the man's personal details uh he must have been out of his mind to to think that that was a good idea especially you know Kevin O'Leary is on tv he's a big investor guy he's he's on CNN actually very frequently now talking about the political situation and i believe he has ties uh as well publicly to president trump so uh yeah a real big risk for a bit boy their real mistake uh going after a giant although i do agree kind of as you say Ben we used to have a more lighter feel here in the united states to see actual money uh be drawn against bit boy it's it's not jail time but it is a life destroying money uh if he has it i don't think he has it it's a funny concept because with with the the promise with trump was that there would be less of that isn't it but it's it kind of feels to me that when i when i hear a lot of people talking particularly about trump or whatever um in the us now they always drop in allegedly and and and these key words so to to just insulate themselves from um repercussions and retribution and it didn't seem to be such a factor before like a u.s always pride at itself on libel or being harder to enact in the u.s so it's it's it's interesting that it's like you know counter to the kind of the the the what trump was promising or i don't know maybe not promising but what people assumed he would be promising which would be um sort of a freest side see when it came to speech yeah only he himself was obviously being suing people at front center the libel the the main thing we we don't seem to have an end of here in the united states and i don't think it's h.l. menkin but it sounds like him is is there's no end to our hypocrisy so the fact that kevin there he could be linked to trump who's part of the uh we have very tough skin faction and at the same time to have this thing pierce his skin and for him have to go to the lawyers and have to go to the courts and have to ruin this other man's life because of this accusation and this phone number posting which again is it you know you can write somebody's phone number on a bathroom wall it's a it's a horrible crime as a destruction of their phone number but it's not really the same as like killing someone or removing the finances from their entire life which presumably bit boy will be in debt or bankrupt because of this uh it just seems very um where they call it snowflake it seems like he's crying out his yeah exactly that's the term the term which is a hypocrite right i mean every all these people like if if you go on to you mean you're like oh no more snowflakes you know you should do that they're always the same ones that go back and then would be suing and then would be uh you know happy about this verdict and you know able able to accept it i mean even even if he won okay so let's say i was mr wonderful okay it's great we we won we ruined bit boy i would kind of just drop the money part because i don't think he needs it but i think the whole like you shouldn't post that you shouldn't post the man's stuff that's fine but the the money part just cripples him so and i don't even know care for the guy whatever but it's just very vindictive but that's also the American system he won the case says he gets the money he gets the money so well let's move on to the exit question i don't want to forget and go to the end of the show and then have everyone say you didn't do the ball i don't know how to predict my money this week i'm gonna have to ask the AI or something so exit question ben arc predicting against the greatest source of all truth in this or any other known universe will the price of Bitcoin be higher or lower this time next week we are as i've said i'm not being right we are in a bad market we're in the post harbing bear market now and this one's different to the other bear markets and i'm not puffing on the hope you there's just so many eyes on Bitcoin and there's so many people who know what it is an institutional finance as well there's these companies with which people can access Bitcoin through but yeah we're looking of course at like a two to three year bear market usually um when we eventually come out of it i don't know what the price will drop to maybe say grand whatever um when we do eventually come out a bit it will be that the pump it'll be the pump which pushes Bitcoin to being the world reserve currency the back part of the world's finance because it just makes sense there's so many people who have eyes on Bitcoin now but yeah two to three years of bear maybe if something happens in year and a half two years maybe it might end earlier if you have bread and woods 2.0 but yeah down down down down it's so funny with all the Bitcoin stories it's always the hero's journey it's always it's darker before the dawn all we have to do is go through the mountains of moria come out the other side and everything will be fine is always what i hear so that's disappointing to see that still valid and that we're still on that track but i remember it last time and it turned out last time all right but it did take years and years and you know we lost a lot of dwarves and elves this two to two to three years and it's it's the the point when Bitcoin has bombed is when this bloat on the streets people aren't talking about Bitcoin no one ever mentions the price i know whenever it says worth it we've hit the bottom when that's gone and there's an expectation that it's going to go lower that is the bomb and that's where you buy your Bitcoin and hold it because it's going to pump like crazy all this dark pessimism from Ben I'm still optimistic about Bitcoin but i guess i'm kind of an idiot but let's see what the magic eight balls says because it is the source of truth will the price of Bitcoin be higher this time next week outlook good outlook good so at least short term the ball is positive moving on to issue four killing Satoshi Bitcoin biopic starring Pete Davidson and Casey Affleck set to use AI for locations and to quote adjust performances indie film from director Doug Lyman director of go the borne identity a few other movies and producer Ryan Kavanaugh disclosed in the united kingdom casting notion notice the intent to use advanced tech tools in production well i'm going to take this first this is quite a radical story first i think it's funny to call it a biopic or as people say biopic it's really weird about a person who has no face no identity and no biography we don't know where Satoshi grew up where he went to school or she or they or it or them or space alien or whatever it is so it's funny that it's a biopic but beyond that AI for locations that's a little interesting maybe they're using computer graphics backgrounds to be cheap maybe they're using the volume like the the mandalorian the famous star trek show and many other computer graphic generated background shows they use unreal engine to create a background that moves with the characters that makes sense that's not that strange to you as use AI this last one is a little hard to swallow and goes far beyond the Bitcoin group adjust performances actors don't even like it when you read the lines to them and say do the line like this as famous rob riner story they keep talking about jack Nicholson and he tells them do the line like this and jack's like i'm not going to do the line like you tell me to do and i'm not a monkey i don't just repeat things back um but for kacy afi computer david's going to be fine with this for it to quote adjust the performances it's one thing to edit a scene or take a reaction shot or cut miscut things there's many things you can do with tricks and i suppose it could just be one new trick or one new tool and that's to say nothing about whatever the plot of this movie is going to be about bitcoin and quote killing Satoshi or something about that some kind of cia spy thriller type thing i imagine uh ben arc what do you think there's a pretty dramatic thing the the AI adjusting performances and what do you think about that there was a really interesting court case and it was christmas galover um for back to the future too well they didn't have him back because because he demanded mom Monix he said he was based to level the third most most important character which he probably was to be fair christmas galover might not be wrong there but the court case was um because he asked for mom and he said okay we just want you use you they used a different actor and if you if you remember in about the future too the dad Michael j fox not the dad when he came in um he was upside down but he also had a uh prosthetic mask on to make him look like christwin galover so christwin galover took the studio took um some ecstasy and it's even worse than the the mask i think was made on the first back to the future yes it was actual face yeah it was the actual face of the other actor that they used even beyond him you know doing a characterization or a parody or whatever imitation of of christmas performance and and christwin galover that i mean he's i mean i i think that guy is incredibly underrated actor uh i think some of his performance have been outstanding um he's done over the years and a very colorful character um and at the time he's kind of written off as this eccentric and was he really you know what's this the point in this he's a young guy what's the point in this um uh he's going to court was a mechus but but but ultimately it was it was very it was just kind of insightful as to where the industry would be going which is where they aren't now which is where they're you know they're able to use somebody else's face um without their permission but no with their permission and it's like them what can you do with that face um so it's it's sort of something which will inevitably happen i guess but uh yeah i think that the that initial because that was the first example of of somebody suing for using the lightness i think kacy i mean Pete davidson's from san at live no disrespect he's not really an actor's actor kacy aflick i think is one an oscar at this point uh been aflex brother do you think they're like satisfied as like happy to hear that their performances will be improved like perhaps if you were maybe less professional like maybe perhaps davidson you'd be like i think they're like any other industry but if you're like aflick you're like insulted you're this artist type character presumably i don't know and i think that like any of the any uh anyone else in this world they're thinking well you know how will a i impact our industry and all of these people are rich and they've done well for themselves so they're not so worried about the impact we'll have on up and coming actors and um they can probably like since they're likeness or something uh but i mean because of the people who are in it i can only because of the name killing satoshi um as a biopic i think it's probably going to be a comedy and it'll probably be funny as well um i'm really looking forward to seeing it yeah i just think they kind of see the writing on the wall when it comes to a i and rather than do what the rest of hollywood was doing which was pretending they don't use a i they're just like okay we'll embrace it and we'll sign this thing which says they can impose production alter us um but yeah i mean it's clearly uh you know it's a a new case of people's likeness then being out to be reused we have had incredible things happen recently luke skywalker the young luke skywalker came back for a scene in the mandalorian i think that he sold his uh marquamble sold his likeness to disney so that's going to happen again carry fisher heirs and for i know james rill jones did a deal where they recorded his voice as Darth Vader they're going to generate his voice from that and other ai things in the future so it is a very exciting time to be alive i agree band they might not have had much of a choice it might not be that bad obviously i mean dug lineman looking at his filmography here and just remembering some of his films really great filmmaker made swingers and go the born identity uh even the edge of edge of tomorrow uh which should be called like live die repeat or something like that that tom cruise movie um great filmmaker so many like who is making the foam sorry uh dug lineman dug lineman is the director from go and swingers uh born identity good stuff and of course as you mentioned christmine glover i have to completely fanboy out here a huge christmine glover fan gigantic i love uh he's great in rivers edge he i just looked it up he plays looking at a screenshot of the character brought him back instantly he's kind of a pale punk rock character in a leather jacket and he's just so detached and just so weird and uh kiana reels is in the movie too but you remember christmine and then of course uh rubin and ed the quest to bury a dead cat uh that's a hard to find film you'll have to find that on phs i mean in like in american gods and whatever it is in that wasn't the uh um there's mystic lo mystic lobe and um i think i just saw him yesterday actually in the uh i watched uh all of her songs the doors again and he plays anti warhol very small role yeah and he's just he's he's even if he plays a small role or he's not the main character he just you just you just you just you just can't stop watching him uh no incredible incredible actor very and right it's too bad that he didn't bring him back for a back to the future two and three uh he was so great in the first one he really brings it brings it up but yeah i'm also interested been in in the plot of the film i i go a different way with killing satoshi i see it as like the cia in vents pit coin and satoshi's you know inventor but he goes rogue and now they have to kill him like i guess i take it very literally in like murdering satoshi or perhaps killing the idea of satoshi like that it was supposed to be a thing and then they're like no it'll be an invisible thing and to make it an invisible either way i mean it could be very spy thriller-y um lineman you know like more like born identity uh i like your version too i it could be like swingers or go be like an independent laugh riot kind of a silly light film like return to that uh it's definitely going to be cheap if they're using a i for locations and to quote adjust performances i mean i can do that on my computer right like come on guys um but but these are people who are involved these the people who are involved seems to be pretty serious people who you they wouldn't get involved in a project if they didn't think i had some legs so um you know one of the guys there is the um sat in a life sat a not life guy come over his name so like and he's generally in funny stuff so i could imagine it being funny killing satoshi um and a quote peace david so was in my favorite one of my favorite snl clips ever the the nft rap uh that he did to the tune of an m&m song i once had a can i talk about this without being a libel hopefully i can so it's when we were doing the race for Alan bits and um um we were in medir and it's me and the Alan bits boys like all the people who work on Alan bits we were well we know the main people who work on Alan bits we we had this airbnb and we were just there there was like a party like a big party um let the conference in medir and uh you could see it like on the horizon like all the lights and everything and then we were joking around because we're on a few bits and we were trying to raise money and we were saying what if we just kidnapped Jeff booth and hold him to ransom and that's how we raised up money and then we came up with this whole film plot about these goofy people who have uh attack company in the bitcoin space or any space and then rather than try and get the money from the vc legitimately they just kidnapped them um and uh you know we had we we like played out the whole film of like kidnapping Jeff booth and holding it to ransom for the money said if that's not great and they can have a whole conference it's just a Potemkin conference the whole conference is just a trick people to go there so you capture them and then get their keys or whatever and they and the tagline something likes you know you only thought you were investing or investing like goofball goofball tech guys trying to pre-gangsters kidnap in a vc trying to shake some money out of them again Ben you pictured the comedy version i pictured the serious thriller they can take these people down and it would be like Olympus has fallen or like die harder still gonna be good uh checking out the check out the check out the chat they're mainly talking about the length of the bear market everybody wants to know if it's gonna be two years three years one year uh nobody really knows but some people they have the charts and they say they know so uh but that'll be interesting we'll have to see this movie killing Satoshi uh we'll have to see if it's a comedy or a drama uh we'll have a bet on that Ben we'll have to see how that goes uh but um we're running out of time uh Ben do you have a prediction or a story of the week for the end of the show uh i was gonna like shell some stuff and share some things but i can't even bother to be honest but basically we're we're doing the 1.5 fell in bits um and i did a whole load of merchant videos i use Alan bits in the shop so i call it gondola development where if you're building something you should be doing the thing and i was very aware that we were building a lot of merchant tools but not actually doing it so i made a shop specifically to kind of work on Alan bits and i've been working on it and then i transitioned the entire shop to Alan bits um because it also supports theater payments so big kind of a controversial in a way but it's also sought to have two different systems running like i was running O do and i was running Alan bits for the bitcoin payment side and had multiple itineraries uh sorry inventories for for stock um which is fiddly so now i'll just i can run it all on Alan bits and i've got a whole bunch of great tools for managing orders and inventory and everything so i'll be dropping those probably next week and we're also doing Alan bits 1.5 so we've been working very hard on that and then also updating our sass and we've also integrated sparkl2 into Alan bits um and that's pretty cool like it's a state chain uh which is bitcoin and um you can have a lightning you know do lightning payments and it takes like 30 seconds to sell so it means you can go to our sass you'll be able to like spin up Alan bits and then have it um accepting bitcoin payments on on lightning and it takes seconds and the fees are very cheap so that's a great solution so i'll be dropping all that stuff but the thing which i was kind of interested in over the past i guess it was last week uh was the news with discord um and how pittil started getting involved in discord and i think that's pretty huge for the nostril space that one of the alternatives when it comes to you know non-stitial social media could be there was a kind of an attack factor those are way in which traditional i don't know systems of oppression and whatever else could get into it um and that's happened with discord and nostres a little bit more resilient to that so i think that's a big pump for nostre so just excited man to be working in the the area in which we're working in i think is it's so cool is permissionless development area and it's it's so important and needed in this world particularly as more and more controllers seems to be being pushed down onto human beings like we need these these these free systems where we're not beholden to uh CEOs and whoever else so yeah just enjoy what i'm working on and i think nostril do well off the back of the discord stuff well it's interesting to say this week but Ben i've been coding as well i've been vibe coding like many other people i bought a mac mini to try out open claw i haven't had that much success with open claw yet uh what seems to be working really well for me is clawed for desktop i use clawed for desktop on the mac mini because it's not my home machine i'm more comfortable giving it control so i let it use the web browser i let it use the terminal um now all of a sudden clawed for desktop is installing web servers writing uh code for webpages php react apps all kinds of stuff and i'm having a pretty great time uh there was a major paper released recently by university they said writing one big prompt at the beginning is better the machine seems to lose it as we go back and forth in the conversation i have had good success like debugging programs in the conversation fix this move this to here and it really is like talking to a programmer or a design team that actually listens to you i remember if you're working at a startup you'd say something like this button needs to be centered and they'd make you full out a gira form for that and you'd get added to the spec and then you get added to this list and then someday the programmer would fix it for you if you're lucky uh working with clawed or presumably any other ai developer it's it's pretty great to say fix this and then they fix it sometimes they don't fix it sometimes we go on long loops all kinds of other things as far as going back to the open claw uh quick notes uh when i hooked open claw up to clawed my french friend uh it ate api tokens it ate like five dollars worth of tokens it ate another five dollars worth of tokens is not good you need to configure it to a different model that runs locally and then seems really stupid and not good so uh i've used uh clawed for desktop to configure open claw that seems to be working pretty well that's exciting stuff when the computer talks to itself and configures itself i have a lot of projects going uh none of them are really great or production level so i don't want to share them here for attacks or whatever but uh there's a lot of interesting things i think you can do with it uh a lot of old stuff like taking my old webpages and bringing them back to life taking old sequel files that i've saved dumping them in there i don't even have to explain to it because it's easy to read it's like oh articles summary stuff like that the computer understands it instantly and uh it's pretty exciting yeah we should have i mean like the claw bot topic is it's very topical at the moment there's all these like i think it's mostly mainly just these influences pushing out videos so they can get a bunch of views um there's a lot of hype and fad like there's there's a lot of risks to people installing in claw but even if they're like not installing it on their own machine you know i know and like you're running out sometimes people are running on their own local area network and it's just a minute amount of back doors you giving this like unhinged AI that occasionally hallucinate things and then when it comes to code quality like and with Starship what Starship said about um vibe code and like it's fine for front end stuff you know but when it comes to anything critical like you need some you need you kind of slop you need something which humans can verify um and uh more often than not the code that a lot of these things produce a slop uh i've been very impressed with code i think something codex is pretty good now bend did you hear the recent story that spotify their developers haven't written any code in the last six months they have some kind of an AI system the developers communicate through that maybe they review the code or they test it and then they publish it i do think it's going to lead to spaghetti but i do think that a lot of people might just take this task they'll say hey well i think it depends yeah it depends on how it sandboxed like for us with Alan bits anything like you know if you're doing money software or anything critical you kind of want it to be quite dumb like the way in which you're spending it like i would definitely not advise someone to spin on claw but tell it to install Alan bits bcpc whatever else and run a node for you start doing bitcoin shit because it's gonna it's gonna lose you lose funds um but if if perhaps with spotify they have multiple layers and the layer in which user authentication happens and that's what critical stuff happens perhaps that's detached enough from the the front end experience that they can just five code slop on that um but yeah we're i mean it's a brave new world the change is coming i was very underwhelmed with claw bar i tried to do the claw bar thing and i spanned up a big fat vps and i made Alan bits um i was gonna get him to like review p.h.s and everything he made him a get hub account and he was just really lazy so i thought maybe he needs to want to like give him a nudge apart from me so i made barbra who was Alan bits his wife on another vps and i was like okay this is your wife and you both work together you love each other um and uh she's gonna give you a little nudge every now and then to make sure you're still working uh and then he just like nored barbra and barb and this way ended up killing barbra first but then it killed Alan and i thought for the cost of it all as well i was like you could actually probably just hire a human to do some of that stuff so um yeah i was kind of underwhelmed when i went down the claw claw bar or open claw whenever you call it uh wrap it whole um yeah that that seems so i find another one that's what i want is i want all these agents talking and going around and it like i keep doing this thing where i'll be in in clawed or i'll be in chat gbt and i'll use that to like kind of prototype or describe the thing that i'm going to build so i'll give it a paragraph and it'll give me pages and pages like reading out my paragraph and one of the things it said it was like yeah they'll they'll be an editor and they'll be a writer and they'll be a board director and they'll have meetings and you can read the meetings and all this stuff and i do all this stuff like copy and paste and i put it into open claw and it comes back and it's like it seems like it then i paste the output into the other ai and it's like it seems like the the ai thinks that it is trying to make the thing so it's described another way to make the thing rather than actually making the thing so then it then it keeps saying oh i'll make it simpler and then the one ai is trying to talk simple to the other ai and i'm going back and forth on this a lot it's not i'm running olamma uh locally if people are curious i don't know how strong or could that is it seems open source and free um i think anybody out there who's running this open claw thing is running to the same thing of running out of tokens like whatever your cool project is a lot of people are putting tons of money in and maybe they're the happy ones i also think Ben like you've been saying all these posts on twitter and x that are so exciting about open claw i think they're all fake i think they're all written by uh chachi bt or or or or clawed and they're all like oh open claw did this and then it opened up this and then it connected my life together and then it did this and it gets everybody all jazged but then like you or me or anybody a normal coder normal average coder person tries to install this thing and it doesn't do that much and then on the other side like you're saying i keep hearing about horrible skills that take over your computer you know this things inside your network you know it doesn't necessarily have your data but maybe it could get it or it could sniff it or who knows how smart it is or what it what's really doing so yeah it's a lot of fun though that's a lot of like cutting edge stuff so i more and more people i know are like yeah let's let's go get a mac mini let's go get a little pc uh just so it has a little environment has a little home can you know crank away its problems uh so let us know in the chat in the comments if you're talking out open claw or clawed or any of these things go ahead Ben we had it so we've been working on the sass i know and a bit sass for like two months like updating it and we've built this really beautiful system um so we could manage the the different parts of when people were in instances and then i had this kind of existential moment because someone was in the chat they were just saying well you just use open claw and you get it to install everything can you don't need sass anymore sass is dead um and uh not only is there the you know how much can you trust this thing um particularly if people aren't running models locally and all that data is being fed back to open i or whoever um but there's also like i was listening to a conversation and it was someone that it was like an older person they were talking about um uh they were they were they were reading out their email and then the person on the phone who was offering support was saying is it all lower case and then the person on the who's who's on the phone they were like yes it's all lower case the emails all lower case are you sure it's all lower case most humans like there's a lot of humans you don't even know that email is all it isn't case sensitive like they're still not there yet so we're miles away from people being out to run um open claw and run all their own stuff and like some of us tech dogs playing around with that okay maybe we get some success with it but yeah for for regular normal people it's not the the it's not going to disrupt the tech industry in the way we think it's going to disrupt the tech industry i have heard successes people but not necessarily with open claw even the um molt book which is really cool because um the guy who wrote it is a you know bitcoiner and he used to do follow the coin and i met him in Santa Clara and stuff so it's pretty cool match like and he's cool guy and all that uh but it seems like a lot of the posting on there was people saying like okay AI go post on molt book go post about our daily activities together rather than the AI is coming alive and talking to each other which everybody thought which was really fun uh so it's a lot of that kind of thing and the same for all these posts i think all these posts have had such success with this although on the other side i do see people having different kinds of success although i really do think again with like clawed for desktop maybe chat gbt uh somebody wrote like an Epstein podcast recently and they they digitized or created the whole thing like this weekend and it's it's killing it it's getting like 500,000 views and it has a computer voice reading it i heard there's a local model now uh that can do your voice so if you have say five seconds of you know this is my passport verify me of your voice um the computer can then just talk as you which at first seems not that useful but i was like well it can make myself into Alexa that'd be kind of fun and then i was like well i could read my book aloud without having to read my book that sounds pretty cool and then i could have me reading other famous books just using my weird computer voice but it's still just a computer voice so why not use snoop dog or jfk or whatever i don't know um so that's really interesting and that's a thing that used to be like a company would own your voice or a company would control it but now just locally you could do that let's check the chat that is pretty useful so like when i do the tutorials i'm not i'm not a great speaker and then i i often trip over my words particularly from doing tutorials because i kind of feel the pressure so i tend to record things about ten times before i can actually make something usable so the idea just been able to record my voice and then type some stuff in and then have it read that out while it's while i run the demo i thus the useful tool useful you know that is fun to use the computer demo and just yeah script it and then have the computer read the script yeah i might do that but it's so disingenuous but it's a disingenuous cheap and easy it's the same as like having the computer write the script i guess it looks like a pretty good script but then it's disingenuous when you read it it's not as accurate but uh i think we're getting to a lot of that stuff but uh everybody let us know in the comments if you're running these things what success you're having uh i built a little moon patrol game uh with codex that was pretty cool i might try to make another version with uh clawed um but it's interesting stuff and uh it's just about iterating i think and about messing with it so i definitely tried out uh if you have i would say that i would say i'm here on the AI vibe coding stuff i would say that most success i've had and the thing which i've been most impressed by is um codex 5.2 i think is they've done 5.3 more recently and it's bonkers but 5.2 was pretty good um and not for you know big tasks but you know can you clean this up and can you build this and then small enough chunks that you can go and verify what it's done like yeah codex 5.2 is pretty good sounds like skeptic had an interesting link he dropped a while ago about uh Gemini about the bot assimilating the bitcoin blockchain uh it is interesting i about them using it i know there's some people they said they're they're gonna use bitcoin they're gonna use lightning obviously i'm in favor of that i think that's a good idea uh also though i think it could be the same thing as using molt book where it's like you know computer use bitcoin because it's the greatest currency in the world you know said bitcoin supporter to AI no it makes sense it's like we have um uh someone sent me a message of the day in like um Alan bits is a skill on on clawbot um as is uh noster like when you install clawbot like you see the noster one of the default options for communicating with clawbot is you know have telegram what's that whatever but then you also have noster um nippo 4dms and it kind of makes sense because they're permissionless development environments so you know if you are just creating things like what better thing to use than something where you don't require permission you can just build something and they have a lot of contacts too like with not to have all the nips they're pretty easy to read and implement bunch of great libraries uh with Alan bits you got like you know we've got like a hundred extensions out there which the the AI can kind of reference so uh i think in some it's not something we should be able to publish and share i don't think but maybe something if you're just building it for yourself like yeah um it's kind of cool that is really cool Ben if they have the noster and Alan bit skills in in clawed that's really cool yeah that's really cool um let's see Jack says in the chat he had the time of his life building an applet with replete uh i looked at zero code and launched it in ten days of work that sounds awesome i'd like to do that to building an app uh for the phone would be really cool um i built that little like game in javascript and it was really interesting and informative to think about really how difficult it is to to build a game like you're playing moody patrol and you're like it hops perfectly over the things you know what a great game you try to make your own moody patrol it doesn't hop right it doesn't move right it doesn't shoot right you have to go through and describe all these things but again it was really fun to describe it all and it was like something i'd always wanted to do uh to make a game or or to make some of the websites i've making or to bring in my old documents and and you bring them back to life uh stuff like that so there's a lot of cool stuff and then at its very core even though they say it doesn't work that well uh in that research paper just talking conversationally to the AI talking to your your computer and being like computer do this computer do that and speaking to it even if it's not that successful in uh normal human language it is really exciting it's what we've wanted for a long time uh it's it's magical right you gotta get it is it is but then also we shouldn't lose sight that sometimes sometimes you want to computer to be clever and and use a i whatever else and then sometimes and then more often the night in Bitcoin stuff you want it to be as dumb as possible you want to be running nicks on some really throttled system and it can't mess up there's not the you just limit the amount of variables so you lose money um and that's quite often the way we compute it i tried to i tried to explain the AI to my brother because he's he's gonna try it too and he's he's great but he's a little less tech than me and i was like if you left a a bunch of donuts on the counter the AI will eat all your donuts in general just have that idea and say same for tokens same for Bitcoin same for trading or horse racing or whatever you're getting involved in uh the error will likely be the one that eats all your donuts uh and that it won't be like an evil malicious AI trying to control things unless you get hacked of course and then that's a whole nightmare to think about hackers saying to your AI like you know let's listen to this guy's network let's crack all his shit you know whatever that's that's horrible um and that's also what somebody was saying to me recently she had watched that um the thing with the Chinese robots and they're all jumping and doing karate and kickboxing and the idea that she thought of is that now you could have those robots rob banks you can have those robots commit crimes etc etc for you and now you know did you really do it i mean you program the robot maybe it's even an AI layer in the robot where you're like robot we really are out of money we need to buy soup and then the robot goes and steals money because buying soups weren't any logical arguments i was kind of thinking that maybe there's probably someone out there who's came there open close up to you know go get me bitcoin here's some bitcoin go trade it go on LM market it's do whatever you need to go into the internet with this bitcoin you have and create more of it and then with the right AI and with the right prompt it would then just go and hack exchanges and do loads of cry and then the person goes on their computer they're like oh cool I got more bitcoin and then what came from maybe it's other markets but actually it's like hacking all the exchanges and i heard about another story and i think it's apocryphal where the person's like yeah i told the computer about my diet and it ordered me some sushi but it stole the credit card to make the order and like did the person really you know say that they said well we're broke but our diet would be improved if we had fresh fish and the computer just steals you some fresh fish kind of your fault kind of not and yeah i definitely think it's a it's a lot of stuff that could go wrong to be interesting and but i was gonna say earlier been the most enticing posts are the ones they put on twitter and they're like the the AI found a super thing for me to invest in on polymarket or calishe or whatever the prediction market is and it's always these kind of edge cases or it researches the market or it finds like the last percent of every yes and it's like oh the last percent's always yes but we only get this much and then it stacks up all these slivers and you're rich like Richard prior and superman 3 those stories those get me and i think they're fake i think they're totally fake i think every single one's fake i think all the oh it's doing my life for me and it started scheduling my stuff all of those seem fake and that's the hardest part about the open clause at this levels of hype but but then somebody must be getting it to work right somebody must be or it's just all hype i don't know this is all hype man like it's it's basically the cool innovation as you can talk to your AI through WhatsApp or telegram and then that's less like the innovation and it's all okay yeah that's what it doesn't work that way because i my open clause dumb my cloud bought is smart and i i can't interface properly well i may well reset that i'll talk to cloud bought directly because it seems much better but um starship says people are definitely asking lm's to do trading for them they're mostly losing money and again it's that that thing where people don't publish their losses like if you went out there and lost a thousand on lm you're not going to be all excited like hey guys you won't believe what i did this weekend i lost a thousand bucks on a stupid computer i don't cost me $2000 to sub the bloody stupid computer in the first place and your whole weekend went to but i do think a good point to close as as skeptic says bots don't need permission to communicate on the chain immutably sky net uses the blockchain and mempool for corporate's colosseum quantum cyborg entangling humans it's like the new uh the new godwins law of everything in world war two references you know and it's become uh sky net references the ai conversation is over when someone mentions sky net um additionally my story of the week is that you still have a chance to check out andiwears excellent book as it says here author of the martian project hail marie uh unlike his sophomore book Artemis which wasn't that good his third book project hail marie is excellent and as it says here soon to become a major motion picture starring ryan gaustling so this is kind of your last chance to read the book with characters that you create in your mind uh i had this opportunity before lord of the rings came out i can barely remember them but i did go through the books and have my own characters uh before the popular actors take it over in the lord of the rings uh as far as the movie with ryan gaustling it comes out next month i'm super psyched it looks graphically wonderful i think they took the story seriously uh this is similar to the martian it's a very sciency science fiction story uh about trying to save the world and uh it's about aliens and all kinds of great stuff i don't want to spoil it uh but you still have a chance to read the book so check out project hail marie by Andy weir uh been anything else you'd like to say before we close the show uh not really i think it's a brave new world i'm gonna have fun out there but be safe with those uh with those agents just be careful with them don't run them on your local air network or on your own computer let it be careful all right well thanks so much to bend for joining me and until next time bye bye um