The Bitcoin Group, the American Group, the American Original, for over the best bitcoins, the hardest, the talk. And this is a Friday news update. I'm Thomas Hunt from the World Crypto Network. Issue 1. Just another day reading Mark Carpellus's Twitter account. I'm sure you all remember Mark Carpellus, the disgraced CEO of Mount Gox, who had the exchange that lost all the bitcoins. Oh, so long ago, he's checking out one of those Satoshi statues. Everything's going good. a cow that runs he likes the cow he says there's a nano hardware he says comes with a free a sim inside that's interesting for example i can guarantee you that this generic nano x sold on amazon japan comes with a free e sim inside he continues need free data buy a cheap ledger off a dodgy seller pull the e-sim out of the spot implant and enjoy it while you can.
Law enforcement may visit you thinking you are the one making these. Yes, that's right. CEO of Mount Gawks, Mark Carpellis unleashed a disaster on ledger when he revealed that there was perhaps a spy chip inside of the ledger sending your chip, sending your private key away to someone else. It was confirmed a few days later or actually within the hours as $86 million in stolen funds were then stolen from ledger users after Carpellus' exciting announcement about the free cellular data. As everyone's saying here, it's not all the ledgers that got hacked. It seems to mainly be ledgers that came from a shop in Malaysia called crypto bills that allegedly sells hardware wallets.
They've been an official author resalear since 2022 for Malaysia, Indonesia, the Philippines. It was a legitimate shop with real devices, years of normal customers. The founders sell it. The deal comes with an NDA. They can't tell anyone about the sale until October 19th. By August, the company registry shows one owner with 100%, some guy from China. The shop keeps running like nothing happened. The site, the name, and the authorized by Ledger Badge all stay up. Then, on October 8th, Mark Carpellis, aka Magical Tux, tweets photos of a ledger. He cracked open. Hidden under the screen, there's a little extra board with an LTE modem and an e-sim. It just watches the display.
You set up your wallet, your 24 words show up, and they get sent out on mobile data. Ledger's genuine trek doesn't catch it because the actual ledger chip is real. His device came from Malaysia. Obviously, it's another disaster for hardware wallets just weeks after the cold card disaster where a cold card was not using the randomizer on their device. They were instead using a backup JavaScript, less random, randomizer, which someone figured out and then was able to take the money. In this case, according to the news that we have, the information available at this time, a small chip inside of the ledgers, then sold the ledger with the chip that would phone home when you create your wallet.
What's interesting to note, though, is that they didn't steal any of the money until after Mark Carpellis posts his dissection of the ledger. It is unfortunate that Mark Carpellis chose to lead with need-free data on October 8th. critique probably could have been everyone should take their money off of ledger or some kind of an announcement to the background of the ledger boards he then goes on to talk about reverse engineering other things he starts to get into the same thing realizing that's an investigation and crypto bills do you want to crack open some of your ledgers he continues to spread the word other people are finding spy implants in their ledgers mark carton continues to spread the word but still the uh the leak was there the information was spread in kind of an irresponsible way uh with his announcement for free data on the ledger and his later bragging that removing a spy implant from a crypto wallet is probably the most cyberpunk thing i've done all year i'd say i say it was not telling anyone not telling anyone uh first not trying to spread the word now i don't know know, maybe he went to the mailing list, told the developers, maybe he talked to the people who run ledger, maybe he did a more responsible disclosure.
But from the outside, it looks like, and the way I certainly heard about this story when I was on Twitter and everything, first I heard free data. And it sounds like kind of a cool story. You're like, hey, I'm going to get a free cell phone out of this. And then you start to realize that what Mark's saying is you can get free data because the way that the scammers set up the ledger hack, according to available information, is that they put a little cell phone chip inside of the ledger. So when your 24 words come through, it captures your 24 words and send some off on the little cell phone chip. So that's what happened to the $86 million in stolen funds from the ledger this week.
Thomas Hunt, what do you think about the ledger hack? Well, obviously, I agree with the narrator there that the Mark Carpella should have done a better job disclosing this. I don't know what the right way to disclose this is. Everyone gets mad at everyone I remember years ago. They were mad at JJ. On the stage live that he would be, you know, he would be taking down the information. All my things stops working every time you talk. well they should say that in the manual for the roadcaster that stops working every time you talk anyway jj revealed live from the stage in paris a problem with the lightning network and he said he wouldn't and he did anyway mark carpellis in the same way reveals this hack bragging about free data i don't really agree with his uh choice of revealing money although i talked to someone else and they told me that this again is very on brand for mark carpellis this is the way he does things he costs people money if you look at the mount gox hack he costs people money if you look at this new ledger hack he's involved he's a researcher he's exposing it but in the same way just days after he exposes it the timeline is october 8th carpelis posts about the hidden spy chip software october 9th he publishes further details about a tampered ledger from malaysia october 9th hackers or attackers coordinate a major theft on compromised wallets stealing approximately 102 million dollars update from 324 wallets october 10th through 15th ledger confirms the physical implant attack and publishes further investigation findings so again irresponsible disclosure by carpellus unfortunate attack on on ledger.
I mean, mainly still, I'm with treasurer. A lot of people I know from the old days, they trust the treasor. It's a good wallet. I don't know if it's the next to go. Obviously, there's a paranoia now with cold card, then ledger. If you had one of these dirty ledgers, and again, dirty like you bought it from an official source, you just happened to be in the wrong country when the wrong guy had taken over this resalear of ledgers and began implanting or allegedly planting chips in them. So I don't know what's going to happen. I think hardware wallets are probably on their way out. I think a lot of people are going to be afraid of hardware wallets or they're going to be doing two of three hardware wallets, harder, more difficult combinations of hardware wallets in case one of them gets hacked.
But still, poor disclosure by Carpellus. Shake my finger at you. You are the Carpellus of Carpellus. Moving on to the exit. question with the price of bitcoin slightly up and down will the price of bitcoin be higher this time next week i remain bullish but what about the magic eight ball here we go remember shaking it can cause bubbles will the price of bitcoin be higher this time next week and it is very hard to read stuck in all directions going to the flashlight here as i see it yes as i see it yes the price of bitcoin will be higher this time next week moving on to issue two breaking richard hart arrested in istanbul turkey with an interpol red notice richard hart friend of the show used to be on our shows also went on to create the hex cryptocurrency or uh income insurance thing whatever it was uh you could get money if you bought hex then they turned it into something called pulse chain along the way they made a documentary called the highest of stakes when the documentary ended the price of pulse or hex was 41 cents when i checked it when i actually watched the documentary it was seven-tenths of a cent so less than a penny as it says here the intelligence agency and police detained hart and his wife during a dawn raid in istanbul per turkish media the news agency reports that authorities seized large amounts of cash digital devices jewelry and firearms Hart previously faced SEC allegations involving over one billion dollars in unregistered crypto offerings and the alleged misuse of 12 million dollars in investor funds pulse chains PLS has fallen around 45 percent amid reports of the arrest Here's a photo from Richard Hart in the past.
You see that he's wearing four watches of incredible value. You see it. Now we see this is part of the seized photos released by the Turkey Istanbul government. We see an incredible amount of incredible watches, all on special little pillows, some cash, some gold belts, diamond necklaces, other things. And here we see the Interpol logo. here's mr heart let's see what else we've got uh heart arrested do we have the video here we go copyrighted song but you know it it says bad boys bad boys what you're going to do when they come for you and uh you can see here the watches again the gold chains uh they found cryptocurrency mining devices uh they found a gun with uh 1,365 rounds of ammunition which it was funny in the chat someone or the comments said that's actually not a lot of ammo so that's fair but here's richard hart uh allegedly being let out here um richard in the neighborhood they called him belina james which means whale james uh so whale james was arrested in istanbul turkey uh we've of course been covering this richard heart situation for quite a while uh the last richard heart story was mainly about uh how richard was found not guilty and was taken off of the interpull list he was mainly wanted in Finland for an alleged assault.
I know nothing about this, of course, but it's interesting to see how Richard's troubles keep going. The articles seem to repeat over and over again that he raised $1 billion in unregistered securities, which is almost unfathomable, and that he's alleged of using or misusing $12 million, which seems like nothing. If you raised a billion, that's $1,000 million. But here's where it all went. $600,000 in cash, 24 wristwatches, 20 gold bracelets and seven gold necklaces, seven firearms and 1360 rounds of ammunition, 12 mobile phones, six laptops, 20 graphics cards and 14 SSDs, alleged he's mining here, I suppose, and two drones, maybe just for fun or maybe for security.
Doesn't seem like it worked, as he was known as Whale James in the community. So he's not keeping a cover very well at all, Mr. Hart. It's interesting. I mean, I look at it, you know, from the outside as a normal guy, you know, has normal problems like paying rent and such. And I'm like, what was it all for? Like Richard seemed like he started out. He was in his basement somewhere. He had this candelabra. He had this, you know, cabinet full of crystals. And he was here for something in the cryptocurrency community. like many people he came in looking for something and in the end I think this was probably always going to be the end for Richard Hart he started out allegedly in the past I've heard rumors and stories that he would you know install a stolen car stereo in your car in his father's garage if you'd like then I've heard rumors and stories allegedly that he was the spam king and that he would sell you spam and you know Those spam things, they work, like one out of every 100,000 or whatever.
So you send millions and millions of messages, and then somehow you make money. And he was that guy. From what I know about him, from the cryptocurrency, he started out with just a few YouTube videos talking about his addiction to video games and that he had cured it and that he had quit video games. And now he was here for cryptocurrency, it seems. Before too long, he was on some Bitcoin news show. shows with Vortex and Adam Meister. And then he became on some World Crypto Network shows with the Bitcoin Group and others. Never really got to plug Hex or Pulse on our channels. We're not really fans. But it was always interesting to hear what he had to say about Bitcoin and cryptocurrency.
He would talk about a lot of things. As you can see here, we had 11 appearances and nine years of talking about him. What's interesting reading through the AI report is that see if we got the summary no not yet but people always like him there are people are always like I think he's a scammer but he's a really nice scammer you know or he talks really good for a scammer one of the things that I'll say about the legend of Richard Hart is we're writing perhaps the closing chapters here today I love the way he would go on other people's shows He would go on other people's shows, but really he would have them on his channel. And he would do it like this, where I have the big screen here, and he'd have a little itty-bitty screen with them, and then he could mute them, or he could take over the show, and he would keep talking afterwards if he disagreed with what they said, and really was quite a character taking over other people's shows and putting it on his own channel.
So his people wouldn't go over and watch whoever show it was. He wouldn't promote their show. have more content for his channel. That was very smart. Interacted with him a few times on Twitter through the years. He had good travel advice. He told me about the 90-day Shenzhen zone in the EU, and that's something to keep an eye on, and suggested a light jacket as something that would be useful for European travel. Still, I never really understand the luxury watches. and the necklaces and all the money. I mean, the lasting image of Richard Hart is that image of him coming out of the, I don't know, Louis Vuitton, Prada, whatever it was, one of those fancy stores.
And he's got four bags on each arm, two on each arm, he's can't even carry. And then he's got one more bag, you know, because the excess never stops. He puts the one more bag in his mouth and then goes out of the store, four bags, one in his mouth, as if that was luxury. It seems more gauche. Nuvu Risch and you wonder just what was all the watches for like I don't understand why you have a watch worth more than someone's house I guess it's fun it's a nice way to travel value like he's moving a lot of value around I guess in his little safe with his little watch pillows but no I'll never really understand it and I guess that's why I don't have any fancy watches so but there it is Richard Hart in a lot of trouble right now and that's our issue two but there's more wait there's war uh we have a report from a i and again this is not real do not send money to this uh but we do want to report to you there's an a i richard heart uh this is from pedro minister of propaganda at feb r o c as p t februca's pt and he says breaking news is this too soon we've got bail x coin and uh we're going to check it out maybe just a little but it is pretty funny we might watch it all here's a little of Richard Hart.
Hello, everybody. Richard Hart here. Coming to you live from the Turkish correctional ecosystem. Guys, huge announcement. We're launching Bail X, the world's first decentralized proof of innocent sacrifice. By the way, your sacrifice funds are extremely safe. Nobody controls them, except maybe the Turkish government and the prison work. And this gentleman named Ahmed who keeps asking for my private keys. Lovely guy. But look, zero expectations of profit. Zero expectations of freedom. You are sacrificing for the freedom of bail, okay? And the tokenomics? Amazing. Every day I'm incarcerated, supply goes down because the guards confiscate my hardware wallets. Best sacrifice.
Best prison. Best Future Freedom. Two more weeks, guys. Just two more weeks. I mean, I feel like he's here. Like it's eerie. I've got goosebumps. I mean, that was so good. The AI is just getting so good. The content was spot on. The idea he'd be selling a coin from prison, the sacrifice, the two more weeks, all the kind of things. I mean, what a brilliant work. Shout out to Pedro or whoever made the work on that probably some computer but still somebody typed it in brilliant work bail x coin i've got a little more the bitcoin therapist at btc therapist writes if you would put ten thousand dollars into richard hart's hex token at the twenty twenty one all time high which would be very bad timing uh you would have only eleven dollars left and you would be down 99.9 percent so it does seem like hex coin was a bad investment and i'm pretty sure we told you so as eric wall writes on twitter welcome home sweet king the throne was always yours let's zoom in on this this is pretty cold stuff uh we've got you know all the hosts of all the things z and other exchange owners jin yang from uh bitman mark cuban um Mark, Sam Bankman Freed, the Celsius guy over here.
Roger Ver, this isn't really fair, but, oh, that's Razzle Khan. This is a great collection of heroes here. And here's Richard Hardin, one of those jumpsuits from the fancy store with a big coin thing around his neck joining the list. Oh, it says Bukle's there. So there's some mean stuff in there, but still, welcome home, sweet king. The throne was always yours. Check out world crypto network at world cryptonetwork.com where we're up to 5,098 videos, including a whole bunch of these really cool shorts that you could send around and then they'd go viral. And then we'd have more shorts to send around so that they could go viral at world crypto network.com.
Issue 3, MSCI finalizes index rules that put strategy crypto treasury firms at risk of exclusion yes they're back again mc i they make the indexes and what they say about the indexes is if your company has more than 50% cryptocurrency holdings such as say micro strategy which for all i know is 90% or more bitcoin and cryptocurrency holdings you can't be on the index because you're i don't know not a real company now we've talked about this before it's really obvious that if you're a company out there, there's no reason to do anything anymore. According to Michael Saylor, right? Michael Saylor went on at the Bitcoin conference. We were way up. And he said, get your family and friends, get all their money, put it in some coin, buy some more Bitcoin, get some money.
He basically said what we've been saying that perhaps, and I don't know, not financial advice, Bitcoin is the golden goose that just keeps laying eggs. So there's no reason to make any widgets. If you're Microsoft, there's no reason to publish any software. It's like the Midas touch. You just buy the Bitcoin, put it in your treasury company, hold it and do nothing. The micro strategy turns out to be very small indeed, right? It doesn't even need any anymore. It just calls it strategy. There's no more any micro. Anyway, I think MSCI is on to this. They see the existential destruction of all industry. just as AI and these drugs, the GBT1 drugs, give you the GLP drugs, give you the power to not want anything anymore.
Bitcoin gives your company the ability to not want to build or make anything anymore. Nothing is worth doing. It's the triumph of nihilism. Yes, and I don't know. I don't think they're against that. I think they're maybe worried about the Bitcoin Treasury companies outshunders. shining them and out shining the real companies and pounding home this point that I'm speculating here that it's not worth making widgets anymore, right? If you just hold the Bitcoin, you don't have to make the widgets. And yes, this extends to your own economy as well. But unfortunately, you're not as well set up as Michael Saylor. You don't have mansion after mansion or fancy financial things where you can borrow against your Bitcoin and not sell them and not lose on interest and all these things.
So blah, blah, blah, it might not work for you. But it does seem like we're starting to get to one of these like recursive loops in finance where why does your company even do anything? And MSCI is trying to cut this off at the head, which could be a real problem for strategy and metaplanet and other Bitcoin treasury companies that do nothing but hold the coin, which again seems like a really good idea. It was not so great on the way down, but seems like a good idea again on the way up. Moving on to issue four, it can take years. Coinbase presses for Bitcoin quantum migration to start now. In a detailed technical post, the exchange argued that Bitcoin's multi-year migration to quantum-resistant cryptography must begin before any Q day, laying out requirements spanning block space, custody, and dormant coins.
And I didn't want to talk about quantum encryption. and Q-Day, but we have to talk about it. Now, Google has released yet another post where they're saying, we're getting closer, we're getting closer to quantum encryption. They're shooting missiles off the bow of the quantum destruction, which again, breaks everybody's encryption, breaks military encryption, breaks bank encryption, breaks Bitcoin encryption, right? Breaks email encryption. Breaks all the encryptions, right? So big problem. for everybody, but mainly a big problem for Bitcoin because there's money there. So the first thing you hack on anyone's computer is Bitcoin. Therefore, the first thing you hack on the internet is still Bitcoin.
So I agree with Coinbase. It's time to get started. And unfortunately, this brings up the great debate. What will be the great debate about quantum encryption? because I know you're sitting there and you're saying, well, if our coins are unsafe, we should change the encryption, right? We should update them, right? Which works for anyone who's around to update their coins. As long as you can update your coins and you have access to them, blah, blah, blah. If you don't have access to not really your coins, it's all good. But what do we do about the Satoshi coins? What do we do about the dormant coins? The coins they've just been left there for five years or 10 years.
owned or they could be lost and they're probably going to be stolen so this is the debate that coin base is now starting they think it'll be a multi-year debate and that we'll be able to come to some kind of a conclusion it's a very fun and libertarian debate on one side you could say don't steal the sotoshi coins that's his property but if you don't steal them they get hacked right so the hacker comes in free bitcoin the hacker upgrades them to the quantum network not satoshi so if you steal satoshi's bitcoins maybe you just turn them off make them non coins right no one can spend that value good for existing holders good for bitcoins really bad for satoshi right really bad if he thought he was coming back in 11 years and he should have come back in 10 whatever it was right you know really bad bad for private property bad for your idea that you can't freeze bitcoin right because somehow everyone came together at one time and said well let's freeze that sotoshi's guys bitcoin and we don't really know i mean we assume i think that the early coins are mined by sotoshi but we don't really know maybe there's some other bitcoins that get in there that also get frozen is that fair that was the only ones they had so on and so forth about property and values and the future.
I mean, people, myself included, ragged on Ethereum for years for rolling back the chain to undo the Dow and creating Ethereum classic. But it turned out it didn't matter if you roll back the chain just one time in your existence. They didn't start rolling back the chain every week as we like to make fun of them. They did it once. So in the same way, if Bitcoin changed everything, changed all the rules, just once and stole or froze or whatever you want to do with them, the Satoshi coins, then we could all go forward with our new quantum Bitcoin just as soon as everyone in the world upgrades their Bitcoin to quantum Bitcoin or has them stolen by hackers who will then upgrade them to quantum Bitcoin probably for us or they'll trade them or sell them or hide them or whatever.
But it's an interesting time coming up as we get closer to Q-Day and i agree with coinbase let's give them a clap clap we barely say anything good about coinbase anymore but we do need large industry leaders like coinbase who have thought leaders and money basically uh to lead forward the solution for changing bitcoin's equip encryption uh to fight quantum day we got a couple more stories let's check it out constance wang or sorry w a i and g if i'm pronouncing it wrong uh writes on twitter so many people have dm to me about this trailer and i'll be honest watching it made me physically throw up i was c o from before f tx even had a name it was my baby and i was the last one out of the bahamas after sam got extradited i lost everything i had on it and it took me a long time to get over it so i have zero interest in defending the people who caused this The media loves the story that FTX blew up because we were all partying in the Bahamas, but the place I worked looked nothing like that.
We had 200 people in the core company at its peak, not counting subsidiaries, when other exchanges our side has thousands. So a lot of us were doing 16 to 8 hour days for over three years and barely had time to sleep. And whenever we walked in day or night, Sam was at his desk. I worked with Caroline and never once saw her get aggressive like she does in this trailer she's quiet and mild and often lost in her own thoughts most of us didn't even know she and sam were dating until we read about it after the bankruptcy and i never saw him so much as put an arm around anyone ft x's collapse ruined so many people's lives including ours and netflix decided to make it a love story Adams writes, SBF in private describing why he publicly pretended to be an altruist.
It's a dumb game. We woke westerners play where we all say the right shibboleths, and so everyone likes us. Netflix, he was an altruist who made a mistake. Let's check it out a little bit of the trailer for the Netflix TV show, The Altruists, which quote is based on events. The altruist premieres November 19th. Give you a brain teaser. You'll better percentage of your chips. So the game's about analyzing risk. All in. You could lose everything. Going all in every time is the mathematically optimal strategy. That's her. He's the girl. She's really cool. Oh, it's a heavy romance. I was said that I am going to make a difference. I believe you. He's a real altruid.
What if we built our own cryptocurrency business? We can call it FTX. Do you know anything about crypto? It's the Wild West out there. Whoever gets there first has the opportunity to do some real good. A crypto fund that earns to give. We are going to change the world. And this campus, and these people, are going to help us do that. You and I are side by side all the way. Oh, my God. We are making a million dollars a day. If we reinvest all in every day, how can we possibly lose? You and Sam are the two smartest people I've ever met. but sometimes i can't fathom how you can both be so stupid all in we have a judy now again according to what we know in the public sphere and again i don't want to speak out of turn and get sued here but allegedly and all that blah blah blah they were taking customer funds like you deposit money it's supposed to be bitcoin it's supposed to be a savings account whatever it is the bank i e f tx in this case according to information publicly available allegedly was scooping into the customer funds and using it to pay for advertisements with Tom Brady, weekends and the whatever, lunch for the crew, whatever it was.
The accounting of this company on its face from far away was absolutely ridiculous, right? So this altruism idea, this was it, effective altruism, like the idea that you could make a pile of money, like any way you want, destroy the world, then take that money and help people like Bill Gates. It's just so ridiculous. And it's so interesting to see Netflix the way they're going to try to explain it and the way that we could only possibly understand this. And this is sad because this was a spicy story when I heard about it. When you read about it and you heard about the FTX thing, they called it a polycule, right? That's a sexy word. This is a love story, right?
This is clearly a boy meets a girl and they try to change the world. they whoopsie do and it all goes wrong but they weren't whoopsie doing right they had her on that other podcast and you guys can go pull the clip and she says uh something along line she's like yeah we don't have any insurance we don't have any backup for our trades we don't have any uh counterbalance where if our trade goes bad like it sinks 10 percent you know we get out right away they don't have any of those they don't have stop losses and she was all he he he and it seemed as though from the outside allegedly that they transferred money into one company from the other company, and then that company owed that company money, and there was an alt coin and all kinds of things and things tattered down.
But this Netflix version, and again, it's not like it's ancient history here. All the people who allegedly did this are still alive pretty much. Like they could be found. Their emails could be read. And they always have to do this based on a true story, which I don't feel improves anything. I don't see a story and say, oh, it's based on a true story. That means it's going to be better. make up a story is fine but when you're going to do based on a true story and allegedly history and already the people who work there are having a cow it just doesn't look good let's just watch a little bit more of the trailer they're probably going to take our ad rights or whatever which is ironic because Netflix wants to advertise their show and we're advertising it here we're commentary and discussion which is protected by fair use to invest responsibly we couldn't lose everything Or I'm out.
Lying isn't bad for a good cause. But what if the Wall Street Journal finds out what you're hiding? You were the one who did it! There's no such thing as criminals. It's just people get caught. Dude, you gotta promise me you won't say anything, okay? Sam and Caroline stole $8 billion from customers. What? I fucked up. Agreed. We're the good guys. Remember? I don't know. I can trust. You trust me, right? Oh, oh. Always forever. And no. All right, well, I don't know. I think I want to watch it. It looks interesting. Let me know in the comments and the chat down below. Are you going to watch the altruists allegedly about Sam Bankman-Fried, but seems to be about quite a lot of other stuff.
Thanks so much for everybody for joining us. Just a quick news update, recapping the news that Mark Carpellis broke the news in a very irresponsible way, offering everyone free data, which leads to the ledger hack. The free data would have come from an e-sim chip planted in only some ledgers, only sold by some, quote, authorized resellers, perhaps turning out to be a bad deal. Carpellis later bragged about it, saying removing a spy implant from a crypto wallet is probably the most cyberpunk thing I've ever done this year. Could have told people first. A ledger lost 86 million in stolen funds similar to the cold card hack of just a few weeks ago. Allegedly, a shop called Cryptobillis in Malaysia sells hardware wallets may or may not have been sold to another company and then perhaps someone added the sneaky chips into there we also talked about richard hart and his many many watches being arrested in turkey richard hart is accused of creating one billion dollars in uh security offerings and misusing a mere 12 million it doesn't you've seen that bad but who knows what he's up to he had guns he had money he had crypto miners and they found it all in Turkey including a soundtrack that says bad boys bad boys see there some of the money some of the jewels and bubbles what is it in all these watches what is it worth what does it even matter I have no idea we talked a little bit about Richard Hart on our shows he was a guest 11 times and then we talked about him forever so there you go.
We had again fun breaking news. We talked to show a little more of this. Nobody controls them. There's a Richard Hart AI that is selling a coin from jail. So that's fun stuff. The internet is making jokes right away. Hex price would have lost you 99.9% from the peak. That's bad. They welcome him home to the king of scammers. We talked a little bit about MSCI finalizing their index rules. putting strategy at list of exclusion if you have more than 50% of your company just holding cryptocurrency you can't be in the index this is bad for micro strategy and meta planet and finally we talked about coinbase pressing for bitcoin quantum migration to start we agreed with coinbase and welcome their industry leading support and money and brains and then we finally closed by talking about the Netflix TV show, The Altruists, quote, based on true events.
Looks pretty soap opera-like and based on romance that may or may not have existed. Certainly crime that seems to have existed or perhaps just whoopsies. They were trying to be altruists. I don't know. But thanks to everybody for joining us. Thanks for giving us a thumbs up down below. This was a quick news update version of the Bitcoin Group. week with more guests and more Bitcoin group so thanks for joining us and until next time bye bye