النص 🔗
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Transcription provided by Podhome.fm
Created: 11/3/2026 1:34:26 AM
Duration: 5132.382
Channels: 1
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Ladies and gentlemen,
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November 2. We've made it into the
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second to last month of 2026.
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It was a nice October.
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Yeah.
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Not so much. October.
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That was air quotes for our listeners.
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Up up vember.
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What do they call it? Blacktober? Because it... I thought that... At first, I was like, Black Friday? Everything's Yeah, on Black Friday. I think that meant everything was breaking. Oh,
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where are we on right now? Pod number 131.
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Damn.
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All right.
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Well,
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2026
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has been a challenging year, but we're still here.
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The internet's still working as of right now.
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October has been a challenging year.
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Yeah.
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Yeah. Yeah. It's only Monday and it's been a very challenging year.
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Despite all the looming threats of
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mass power outages
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and grocery
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stores getting attacked
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and people stockpiling
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food and
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secondary
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power generation measures.
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What's going on you guys?
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What's happening right?
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Yeah, do more people have access to open weight models?
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That's my question.
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And all of a sudden they're like,
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now we attack?
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Everyone just starts breaking everything?
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I don't know.
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Scott, I was going to ask you, what's this
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Linux vulnerability that I saw
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on Twitter yesterday?
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Yeah. Yeah, there was a big Linux vulnerability.
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I forget the exact CVE number, but they assigned the severity at, like,
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99 or something. So it's
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That sounds awful.
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Yeah. No big deal. Right?
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And it's
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it's called a use after free bug. So, like,
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some part of the code or some part of the kernel, I guess, frees some memory,
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and then some
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part of the code tries to use it.
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Maybe it's a use before free. Anyways,
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there's like this this
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disjointed
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flow between processes that are like abandoning
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memory and then try to use it.
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And through some magic, I guess that allows you to do remote code execution
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on Linux servers,
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and it's through TCP.
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So this is the particularly nasty kind where an attacker can do it remotely,
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like, without physical access to a box.
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Jeez.
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So, yeah, I think that
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major Linux... Or the Linux kernel issued
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patches
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and major distributions picked it up.
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Famously, Ubuntu has not. It's been like two days and they haven't.
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That's been Ubuntu has not. Causing some drama around that because Ubuntu is a very popular,
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web server
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distribution,
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Linux distribution.
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I
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picked a website and was like... Told my obliterated agent, I was like, go hack it. Like, use this CVE,
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hack it. And it was like, no, I can't. Like, the agent didn't refuse to do it. It's just like,
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for whatever reason, this server that I picked wasn't susceptible to this vulnerability. So I think there's some
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caveats. It's not just like every web server Right. Is vulnerable.
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I've got a tweet pulled up here from International
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Cyber Digest.
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Oh.
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And it says, Ubuntu and Red Hat still have no fix for a Linux kernel flaw that Anthropix says is unreleased
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says its unreleased AI model turned into a remote root exploit.
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The exploit needs no credentials
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and targets servers with a multi path TCP
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listener,
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which go 1.24
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and later
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open by default. So I think you have to be running go.
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Okay. If you're running like a go like web service or web
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server. Yeah.
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Why does it say Ubuntu
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and Red Hat still have no fix? What does Red Hat have to do with this? Do they have distributions
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of Linux?
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Yeah. It used to be called Red Hat Enterprise Linux.
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I think they changed the name of it recently, but those That's
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Ubuntu Enterprise now, right?
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Was it?
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Okay.
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I see. So Ubuntu
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is a product from Red Hat? I don't know. Know that there's like... Because I run Ubuntu on my laptop
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and it keeps asking me if I want upgrade to Ubuntu Enterprise.
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Obviously, I'm not running a server.
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It's just my little laptop, but still,
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I don't know. I saw another tweet that
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was interesting because it mentions that Anthropic says its unreleased AI model turned it into a remote root exploit. Apparently, Anthropic
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has
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a ninety day public notice
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policy,
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meaning they might have known about this three months ago. Oh interesting.
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I don't know the cadence of all these things but I think again, I mean this has been a topic of conversation a handful of our pods now is like shit keeps breaking,
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it doesn't seem like it's slowing down. No, seems like it's accelerating.
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Anthropic has an unreleased
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AI model that can
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find and do these exploits.
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They're not releasing their model but they're like sharing all the exploits.
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Yeah, they're saying, hey we found this. By the way you can't have the tool that found it. Yeah,
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wow.
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So,
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all right, is this...
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I mean, kind of circling back to where we started the conversation,
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like when mankind
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entered the Bronze Age, were people just destroying society around them with all their newly found and developed tools?
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It says, I looked up a timeline of
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the Linux
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CVE, which is
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nine eight four three two for those who are following along. Its rate is 9.8 supercritical.
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I think that's out of 10.
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The vulnerable code was introduced to the kernel in October 2015.
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And then October
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1,
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so a month ago,
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Eric Dumaset submitted a patch crediting anthropic researchers.
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October 5, the patch was merged into the upstream kernel, so they did. They had at least thirty days
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Mhmm. Notice.
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Who knows how long Anthropic knew about it before this guy, Eric, submitted the patch.
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But
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the first stable kernels were released containing the fix on October 11.
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Linux 7.3
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was released October 18.
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Twenty seventh, Anthropic published the demonstration
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of the
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remote
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root exploitation.
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And then it says October 30, so a couple days ago, Red Hat published the security bulletin and mitigation instructions. AWS published the guidance,
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and the patch rollout is continuing.
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Some major distributions lack fixes.
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It's a use after free
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race condition during I p p... I p v four TCP connections.
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And an attacker could exploit a vulnerable server with a multipath, that's what you said, TCP listener.
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It says that on a vulnerable server, it takes fifty three minutes to get root access on that server.
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Wow.
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Who's in charge
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of ranking
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the threat level of the vulnerability? Yeah, what would have had to change in this
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vulnerability to get those extra point two basis
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points to be a 10. I find that fascinating. Clearly they have some
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ranking mechanism. Yeah.
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Does this affect me? This is Pod 56, Eco and I ask questions and Scott researches.
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Yeah. Go.
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The
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CVSS
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system, Common Vulnerability Scoring System,
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is developed and maintained by FIRST, a nonprofit cybersecurity organization.
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They
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maintain the standard, but they don't do the scores.
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The actual scores themselves
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--> 00:08:45.520
are...
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A bunch of different people put it together, but, NIST does some of it and NVD, the National Vulnerability Database
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in The US,
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in combination with all the big software vendors, Microsoft, Red Hat, Cisco, etcetera.
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And then there's, like,
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these CVE
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numbering authorities that I think just, like,
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they numbered We those
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should rank some Bitcoin mining firmware vulnerabilities according to their
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Yeah. Can we Standards.
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Can we
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do that? I don't know. I mean I'm sure we could... Because... So it's... The ranking is... The score is calculated mathematically.
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Yeah.
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So,
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I would I would think if that is open source, I we think it's a worthwhile exercise. We could run it. It's a measure of
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the vulnerability's
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severity,
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not the probability of exploitation.
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It's like,
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it could be very damaging but only affect like one machine and it could still have a high ranking Right. Or high score.
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Right.
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Are there any known instances of this recent Ubuntu
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vulnerability
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getting
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used in the wild?
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Oh, that's a good question.
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And on the flip side of that,
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like when this all started with Coldcard and
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then we had
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something else, like something broke in lightning right after that. And then there was the
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liquid BTC hack,
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right? Yeah, Bolt shut down. Bolt shut down, and then not long after we had like PHP.
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Treasure customer data. Oh yeah, treasure customer data. The ledger hardware vendor. Yeah, the vendor that was putting that extra chip to
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capture the data going to the display. And then
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Binance.
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Yeah. And then the Binance hack, dude. My gosh. The Binance hack. We haven't talked That since was last Friday or Thursday. That was only the biggest ever exploit by, like, dollar value? In crypto, yeah. Six, like almost $7,000,000,000
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worth? Yeah. But I think like half of it was frozen.
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Yes. Half of it was stablecoins
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on Tether.
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And US dollar coin, and they were able to like freeze those from moving.
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And then the majority of the rest of it has been swept into an Ethereum wallet,
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which I think would be chef's kiss if they rolled back the ETH chain.
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And then the whole thing just got frozen and undone. It was just fiat with extra steps. I don't know if they'll roll the chain back again. I don't know, maybe.
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That was so much drama for Ethereum when they did that the first time, and then we wound up with Ethereum Classic
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and Ethereum.
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Okay. That's where Ethereum Classic is. I didn't know that. Yeah. That was probably for less money.
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Oh, yeah. For sure. Was it a fat finger or an exchange that got hacked? Like a fat finger fee or something? I don't know. I think it was a proper hack. It was in the... Like some Ethereum DAO.
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Yeah. It was a DAO hack. Yeah.
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But this Binance one is fascinating because it... They said it was a senior DevOps engineer's laptop that was compromised.
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Compromised by his
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North Korean girlfriend. Nice. No way. Nice. The rumor, at least, is that he had a girlfriend who turned out to be a North Korean spy, and on the day that the hack happened, he left his laptop
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unattended
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with her supposedly.
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Holy shit.
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That is girlfriends, guys. Dude, talk about betrayal.
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Like Well, didn't they I wonder if they broke up. They also had
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one
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key,
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one master key.
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Could you imagine talking to your girlfriend about that
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at dinner that evening? Yeah,
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that seems like such an awkward conversation.
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Did you know that she peaced out and is back in North Korea, hopefully. Yeah, no, I'm sure she fled for sure.
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She took the money and ran, as they say.
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I think that's,
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mean, it's proof that
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weakest
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link in the chain is
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usually a person. Yeah. It's not even the code. Right.
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Someone... Knowing that,
you need to have
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secure procedures,
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right? It's like Yeah.
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Dude has apparently the keys to the Binance
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To billions of
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on his laptop or some method by which to get it on his laptop. Like, coulda gotten drunk and left it at a bar. He could have gotten wrench attacked.
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A lot He shouldn't have things had the ability to do that
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to begin with.
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It reminds me of that Darknet Diaries episode where they have
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the dark...
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What do you call those marketplaces?
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Dark web?
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Like that dark... Black market? Yeah,
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black market vendor,
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and
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the dude takes every
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precautionary
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measure to ensure that he doesn't get caught.
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He only uses tails
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and he has all of his passwords memorized
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and he's renting an apartment
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that's
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literally just for
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him to have a router
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00:14:22.140 --> 00:14:26.300
that he uses specifically for getting onto the marketplace and selling.
256
00:14:27.580 --> 00:14:28.540
In the end,
257
00:14:29.740 --> 00:14:32.140
his boss ends up getting arrested
258
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and since his boss knew him personally and knew everything about him, just ratted him out.
259
00:14:39.485 --> 00:14:40.925
And so like,
260
00:14:41.325 --> 00:14:43.965
and he beats the purpose. Yeah, he got caught that way.
261
00:14:44.860 --> 00:14:46.220
But yeah, it's like,
262
00:14:47.340 --> 00:14:49.820
you know, you can take all the privacy
263
00:14:49.820 --> 00:14:51.500
and security measures
264
00:14:52.060 --> 00:14:55.260
you want, but if the people around you
265
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are not using
266
00:14:57.945 --> 00:15:02.825
the same level of precautions as you are and you're interacting with them,
267
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you're increasing your attack surface.
268
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What
269
00:15:07.065 --> 00:15:08.185
should people do?
270
00:15:09.225 --> 00:15:11.065
Stay vigilant first and foremost.
271
00:15:12.850 --> 00:15:15.730
I think it comes back to the basics.
272
00:15:17.170 --> 00:15:18.290
Don't
273
00:15:18.290 --> 00:15:18.930
use
274
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KYC exchanges,
275
00:15:21.250 --> 00:15:23.490
they're honey pots and big targets.
276
00:15:24.529 --> 00:15:26.450
Not your keys, not your coins,
277
00:15:27.285 --> 00:15:28.005
right?
278
00:15:28.085 --> 00:15:28.725
Like
279
00:15:29.285 --> 00:15:32.405
if you're trusting a third party, in this case Binance,
280
00:15:33.205 --> 00:15:34.645
to hold your Bitcoin
281
00:15:35.125 --> 00:15:39.685
and something goes wrong at Binance, well they say they're going to cover the loss here,
282
00:15:40.889 --> 00:15:47.290
but you know we'll see. I mean look at Mt. Gox, there's reasons we've learned these lessons in the past, and
283
00:15:48.170 --> 00:15:56.329
I think you stick with the basics, not your keys, not your coins, so just remember that and take that into consideration if you're thinking about
284
00:15:56.865 --> 00:15:59.825
using an exchange or giving someone else unilateral
285
00:15:59.825 --> 00:16:01.345
control over your Bitcoin.
286
00:16:03.745 --> 00:16:06.785
I'm a big fan of self custody,
287
00:16:07.345 --> 00:16:10.705
a big fan of keeping your KYC information
288
00:16:11.105 --> 00:16:11.985
off the lists,
289
00:16:12.440 --> 00:16:13.320
like trying
290
00:16:13.959 --> 00:16:15.480
to use Bitcoin as
291
00:16:15.720 --> 00:16:22.279
privately as possible in terms of... Obviously it's like a transparent and public ledger,
292
00:16:22.680 --> 00:16:25.959
so what I mean when I say using it privately is that
293
00:16:26.455 --> 00:16:28.214
like not associating
294
00:16:28.214 --> 00:16:34.695
your legal name with your bitcoin transactions is what I mean by that. You do got to be vigilant.
295
00:16:35.415 --> 00:16:35.815
Yeah
296
00:16:37.335 --> 00:16:41.415
and just I mean dude like even with like cold card for example,
297
00:16:42.370 --> 00:16:46.529
the really shitty thing about that exploit is so many people
298
00:16:47.089 --> 00:16:48.850
thought they were doing the right thing.
299
00:16:49.730 --> 00:16:51.250
They were
300
00:16:51.649 --> 00:16:53.889
using, they were practicing self custody,
301
00:16:54.455 --> 00:17:00.295
they were doing an advanced form of self custody called cold storage where the private key
302
00:17:00.535 --> 00:17:03.175
never touches an online device,
303
00:17:03.575 --> 00:17:04.615
which I think is
304
00:17:05.175 --> 00:17:06.855
a very sensible approach.
305
00:17:08.669 --> 00:17:10.830
But in their case, was a
306
00:17:11.390 --> 00:17:12.749
bug introduced
307
00:17:13.390 --> 00:17:14.429
with the
308
00:17:15.390 --> 00:17:16.190
firmware.
309
00:17:17.309 --> 00:17:20.110
Yeah, the random number generator was not
310
00:17:20.645 --> 00:17:23.684
generating the private keys randomly enough.
311
00:17:24.645 --> 00:17:25.924
And they ended up,
312
00:17:27.284 --> 00:17:29.044
know, someone figured out
313
00:17:29.445 --> 00:17:34.245
what number space those keys should fall in, and then it was like shooting fish in a barrel.
314
00:17:36.560 --> 00:17:38.080
So yeah, I mean even
315
00:17:39.600 --> 00:17:46.399
taking that advice like not your keys, not your coins, keep your KYC information out of
it, practice self custody,
316
00:17:48.000 --> 00:17:49.679
even with that advice you
317
00:17:49.760 --> 00:17:51.040
never know where
318
00:17:51.495 --> 00:17:54.855
the attack is going to come from and it's hard to
319
00:17:55.175 --> 00:17:57.414
defend yourself against something that you
320
00:17:57.895 --> 00:18:02.774
don't know is coming, right? And that's why you just really need to stay vigilant and
321
00:18:03.015 --> 00:18:04.295
keep your head on a swivel.
322
00:18:04.850 --> 00:18:07.169
I saw some commentary
323
00:18:07.890 --> 00:18:08.770
this week
324
00:18:09.090 --> 00:18:14.210
and end of last about how with the cadence that which exploits are being found,
325
00:18:14.850 --> 00:18:17.090
is this an indication that
326
00:18:18.065 --> 00:18:22.544
self hosting might not be for everyone, right? Because that was long the story.
327
00:18:22.785 --> 00:18:25.184
Let's get more people self hosting, but then
328
00:18:25.505 --> 00:18:26.465
that's
329
00:18:26.465 --> 00:18:29.585
more people that are individually responsible for
330
00:18:30.590 --> 00:18:33.470
keeping up with the best security and privacy measures.
331
00:18:34.270 --> 00:18:37.390
I guess through these SaaS models, these hosting platforms,
332
00:18:38.430 --> 00:18:41.470
that's one thing they can claim that they can do is we
333
00:18:41.470 --> 00:18:47.674
hire people full time to be on top of this for you. Have you guys been thinking about that? Well my
334
00:18:48.155 --> 00:18:49.595
argument is that,
335
00:18:50.795 --> 00:18:57.590
and it's related to self custody too, and using bitcoin in a self custodial manner, it's like you're
336
00:18:57.910 --> 00:19:00.550
taking on the radical responsibility
337
00:19:01.030 --> 00:19:02.710
of being your own bank,
338
00:19:03.590 --> 00:19:04.550
and you're
339
00:19:05.350 --> 00:19:06.710
wholly responsible
340
00:19:06.790 --> 00:19:10.230
for all the benefits and all the consequences
341
00:19:10.230 --> 00:19:11.110
of that decision.
342
00:19:13.635 --> 00:19:19.235
Same thing with self hosting, like when you want to self host something, you're taking on that radical responsibility
343
00:19:19.235 --> 00:19:20.354
of being
344
00:19:20.515 --> 00:19:22.354
your own service provider,
345
00:19:22.755 --> 00:19:26.460
keeping up with the security updates, keeping your infrastructure
346
00:19:26.460 --> 00:19:28.140
up to date and online,
347
00:19:28.780 --> 00:19:35.580
and for anyone who's ever spun up a Bitcoin node or tried to host a video server or
348
00:19:36.220 --> 00:19:39.585
some other service that they like to use, you
349
00:19:39.585 --> 00:19:41.345
learn very quickly that
350
00:19:42.145 --> 00:19:49.025
you just wanted your own little service that you didn't have to pay a subscription for. That's
351
00:19:49.025 --> 00:19:53.440
usually where I get started, but then you learn very quickly like okay,
352
00:19:53.840 --> 00:20:07.225
now I'm a fucking IT manager. Yeah, it's like I kind of get what I was paying for. Yeah, in addition to just trying to lead my normal life, now I've fallen down this rabbit hole of like managing this infrastructure.
353
00:20:07.225 --> 00:20:08.825
And so I think
354
00:20:09.785 --> 00:20:14.184
I love self hosting and I love the idea of radical
355
00:20:14.184 --> 00:20:14.985
responsibility
356
00:20:15.580 --> 00:20:17.980
and taking
357
00:20:17.980 --> 00:20:19.100
the trusted
358
00:20:19.420 --> 00:20:21.340
third parties out of the equation,
359
00:20:21.900 --> 00:20:23.420
but people need to understand
360
00:20:24.540 --> 00:20:26.460
that that's a big responsibility,
361
00:20:26.540 --> 00:20:28.140
and there's no
362
00:20:28.380 --> 00:20:29.820
one-eight hundred number
363
00:20:30.325 --> 00:20:34.405
that you can call and get your transaction reversed or a call to
364
00:20:35.285 --> 00:20:41.765
undo the hack, or there's no one coming to save you, so you need to understand what the trade offs are.
365
00:20:43.570 --> 00:20:52.209
That's my take on it. I think there's also this false sense of security when you're using a hosted service that they're just going to do it right too. They
366
00:20:53.169 --> 00:20:56.289
probably have lots of engineers that want girlfriends and
367
00:20:56.545 --> 00:20:59.585
Yep. You know, you you... It's sort of this
368
00:21:01.425 --> 00:21:02.945
counterparty risk.
369
00:21:03.425 --> 00:21:05.425
Right? Because they're bigger targets
370
00:21:05.665 --> 00:21:08.304
Yep. Because they have lots of people's data.
371
00:21:09.105 --> 00:21:12.440
And so while it maybe is harder to exploit them,
372
00:21:12.680 --> 00:21:13.320
maybe
373
00:21:13.720 --> 00:21:19.960
they're a bigger target, so more people are working on it. There's maybe more of a financial interest in doing it versus doing my home server
374
00:21:20.520 --> 00:21:21.640
and just getting
375
00:21:22.200 --> 00:21:23.240
my personal data.
376
00:21:24.735 --> 00:21:29.294
Kind of branching off that I saw a tweet that you chimed in on, I think Scott about
377
00:21:29.775 --> 00:21:32.014
with all these attacks, people are thinking about
378
00:21:33.775 --> 00:21:34.335
security
379
00:21:35.135 --> 00:21:36.095
through obscurity.
380
00:21:36.910 --> 00:21:38.510
Wasn't Yeah, there a tweet about which
381
00:21:40.030 --> 00:21:40.909
is like
382
00:21:41.630 --> 00:21:42.590
kind of a
383
00:21:42.990 --> 00:21:47.630
handful of folks are thinking maybe closed source is the way to go, not open source. Because
384
00:21:48.030 --> 00:22:01.965
when you have open source code bases, if there is a vulnerability, you're just exposing it directly to the world rather than an attacker having to do more hunting to find it. But I think we found with our own red teaming and decompiling and hacking as of late,
385
00:22:03.020 --> 00:22:04.619
just adds more
386
00:22:05.260 --> 00:22:06.779
barriers for the fixes
387
00:22:06.940 --> 00:22:08.059
to be
instituted.
388
00:22:09.020 --> 00:22:13.099
Yeah. Yeah, I think that's right. It comment was that I've seen a lot is that
389
00:22:14.140 --> 00:22:16.059
maybe open source is
390
00:22:16.325 --> 00:22:22.004
another attack factor for hackers if they can see your source so they can see how your program works.
391
00:22:23.365 --> 00:22:25.044
And my comment is that
392
00:22:25.285 --> 00:22:26.004
these
393
00:22:26.485 --> 00:22:27.285
disassembly
394
00:22:27.285 --> 00:22:28.485
and decompilation
395
00:22:28.565 --> 00:22:29.445
tools
396
00:22:30.085 --> 00:22:32.165
are so good now that
397
00:22:32.460 --> 00:22:38.460
just because it's... Your program has been compiled into a binary doesn't mean that it's hard
398
00:22:38.460 --> 00:22:40.460
to extract the information out of.
399
00:22:41.980 --> 00:22:45.019
But what it does mean is that there's less eyes
400
00:22:45.100 --> 00:22:46.860
on your your source,
401
00:22:47.245 --> 00:22:52.445
And I think very... It's very important to realize that if you have a closed source project,
402
00:22:52.924 --> 00:22:55.804
your secrets aren't safe just because it's compiled,
403
00:22:56.365 --> 00:22:59.804
but also there are no people who are actively developing,
404
00:22:59.804 --> 00:23:14.254
you know, besides the the people at your company, there are no people who are actively developing on your code and who are scrutinizing it with an incentive to do so. Right? It's like if I take an open source project and I start a company that uses it, right, I am
405
00:23:14.495 --> 00:23:24.815
very incentivized to make sure that it's working right because Yep. This is like the basis for our company. And so you'll be scrutinizing the code. And the more people that are doing that and are incentivized to scrutinize the code,
406
00:23:25.690 --> 00:23:32.330
the better. Right? Because some of those people will find stuff, and they will want to contribute those fixes upstream.
407
00:23:32.570 --> 00:23:35.130
So the whole ecosystem gets better
408
00:23:35.530 --> 00:23:36.410
versus
409
00:23:37.050 --> 00:23:38.010
it being
410
00:23:38.434 --> 00:23:39.235
reliant
411
00:23:39.235 --> 00:23:44.835
entirely on the people in your company who have the code to be the the white hats and and fix stuff.
412
00:23:45.395 --> 00:23:48.514
And then there's all the people who wanna attack it and are...
413
00:23:48.835 --> 00:23:54.249
Know, who can decompile it and look at it. And they're not as incentivized to report problems.
414
00:23:54.889 --> 00:23:56.649
I think the cold card
415
00:23:57.049 --> 00:23:58.009
example
416
00:23:58.889 --> 00:24:02.889
really underscores that point because they switched from
417
00:24:03.450 --> 00:24:05.849
an open source license.
418
00:24:05.850 --> 00:24:06.169
They were,
419
00:24:06.934 --> 00:24:09.735
what were they originally? Were they GPLv3?
420
00:24:10.294 --> 00:24:15.095
They were originally GPL, yeah. And then they switched to Commons Clause,
421
00:24:15.095 --> 00:24:15.575
which
422
00:24:15.975 --> 00:24:17.654
stated that you can't
423
00:24:17.975 --> 00:24:19.575
create a commercial
424
00:24:19.735 --> 00:24:21.174
product with their
425
00:24:22.220 --> 00:24:23.020
code.
426
00:24:23.820 --> 00:24:27.020
And that was right around the time that Foundation Devices
427
00:24:28.060 --> 00:24:31.580
did exactly that. They took the GPLv3
428
00:24:32.700 --> 00:24:35.740
code base and they made a new product out of it,
429
00:24:36.595 --> 00:24:40.754
which was like the whole point of it being open source to begin with,
430
00:24:41.875 --> 00:24:47.154
or part of the point. The other part is like having the visibility to ensure
431
00:24:48.115 --> 00:24:50.835
the end product is doing what it purports to be doing.
432
00:24:51.840 --> 00:24:52.960
But now
433
00:24:53.200 --> 00:24:58.320
we get into the incentive part because once they introduce the commons clause,
434
00:24:59.680 --> 00:25:04.240
no one can build a commercial product out of their code, so where's the incentive to
435
00:25:05.025 --> 00:25:08.544
really look into it and see what's going on in there
436
00:25:09.105 --> 00:25:10.785
and look at what happened?
437
00:25:11.505 --> 00:25:16.945
The incentive was there if you wanted to hack it? Yeah, yeah for sure. How does it Yeah.
438
00:25:18.730 --> 00:25:22.729
But, yeah, I... You see those comments of, like, people who are
439
00:25:22.970 --> 00:25:48.979
starting to use cold cards again, and their argument is like, well, now this is... They've fixed the the entropy bug, and this is now very scrutinized code, so it must be safe to use cold card. And my argument there is I don't think the underlying issue that caused this problem in the first place has been fixed. Correct. It's still not a proper open source license, so there aren't people who are really digging into it, like, anymore.
440
00:25:49.299 --> 00:25:50.979
So something like this,
441
00:25:51.779 --> 00:25:56.019
while it's not guaranteed, it just seems like the the same type of
442
00:25:56.659 --> 00:25:57.460
situation
443
00:25:57.460 --> 00:26:01.405
that caused this bug could still happen. Right? They have probably
444
00:26:01.405 --> 00:26:04.684
now an even smaller set of developers working
445
00:26:04.685 --> 00:26:05.245
at
446
00:26:05.565 --> 00:26:07.485
CoinKite on the cold card.
447
00:26:08.125 --> 00:26:08.605
So
448
00:26:09.405 --> 00:26:11.245
I agree with you. I don't
449
00:26:11.565 --> 00:26:18.000
think it's a good idea personally to go back to using cold card because this could just happen all over again. Right.
450
00:26:18.880 --> 00:26:20.240
Yeah, the incentive
451
00:26:20.240 --> 00:26:26.480
structure hasn't been changed. And it's like that saying, Show me the incentives and I'll show you the outcome, right?
452
00:26:29.045 --> 00:26:31.524
If they haven't changed that incentive structure,
453
00:26:32.005 --> 00:26:34.005
I think it's going to happen
again.
454
00:26:34.405 --> 00:26:36.804
So now let's say you're building software
455
00:26:37.925 --> 00:26:40.245
in the AI agentic world
456
00:26:40.770 --> 00:26:42.850
from scratch to start,
457
00:26:43.170 --> 00:26:49.970
right? So I guess you could say that you have the tools at your disposal to make more perfect code
458
00:26:50.530 --> 00:26:54.610
that is scrutinized by these genius coding agents.
459
00:26:55.475 --> 00:26:57.635
Some of them might say,
460
00:26:57.955 --> 00:26:59.955
well, should I release my software
461
00:27:00.435 --> 00:27:02.995
product, closed source or open source?
462
00:27:03.475 --> 00:27:12.610
And if we get through this pain point, right, where we're kind of, it's this phase shift where all this human written code is getting scrutinized by a super genius AI
463
00:27:12.690 --> 00:27:14.929
and getting polished to be AI
464
00:27:15.010 --> 00:27:16.770
hardened code. Now,
465
00:27:18.770 --> 00:27:25.255
does it make more sense than ever to just any software project should be released with AI hardened code from the start?
466
00:27:25.655 --> 00:27:31.174
Yeah, it really should be. I think we've gotten to the point that AI is really good at this stuff and
467
00:27:31.335 --> 00:27:32.215
purely
468
00:27:32.215 --> 00:27:35.415
human generated and reviewed code is a liability.
469
00:27:36.049 --> 00:27:41.889
I don't think the code will make it very far in a project's life cycle
470
00:27:42.049 --> 00:27:44.130
unless it's AI hardened
471
00:27:44.130 --> 00:27:49.250
at this point. Yeah. Right? And I think builders and companies just need to assume that
472
00:27:50.265 --> 00:27:51.385
whether your
473
00:27:51.865 --> 00:27:53.785
binaries are accessible
474
00:27:54.425 --> 00:27:59.625
from the package itself or the code is out there, just assume the code's a commodity. It exists.
475
00:28:01.880 --> 00:28:04.999
Anyone who wants to get access to it will get access to it.
476
00:28:05.559 --> 00:28:09.079
Right, which brings us back to the grocery store for example.
477
00:28:09.880 --> 00:28:10.679
That
478
00:28:10.919 --> 00:28:13.079
was like a proprietary
479
00:28:13.080 --> 00:28:14.039
closed source
480
00:28:14.265 --> 00:28:15.705
building management
481
00:28:15.705 --> 00:28:25.945
software system that was Most certainly to, like, save energy when there's no one in the aisle. They could change the temperatures remotely or something of the freezers. Yeah. I got the details on that.
482
00:28:27.190 --> 00:28:29.430
Do you wanna hear Go listen. What happened.
483
00:28:31.190 --> 00:28:32.630
So this happened today.
484
00:28:33.990 --> 00:28:38.230
Hackers targeted refrigeration systems across European grocery stores.
485
00:28:39.745 --> 00:28:42.545
Apparently, it was some internet exposed refrigeration
486
00:28:42.545 --> 00:28:43.425
controllers
487
00:28:43.425 --> 00:28:44.465
from a...
488
00:28:45.265 --> 00:28:48.865
They were older models from a company called Danfoss.
489
00:28:49.425 --> 00:28:50.225
Oh.
490
00:28:50.785 --> 00:28:51.825
You know Danfoss?
491
00:28:52.130 --> 00:28:56.450
Sour Danfoss. They make a lot of hydraulic products. Yeah. Okay.
492
00:28:56.850 --> 00:28:58.690
Okay. So apparently they have,
493
00:28:59.010 --> 00:29:00.290
like, an IoT
494
00:29:00.290 --> 00:29:02.530
or some sort of Internet connected
495
00:29:02.530 --> 00:29:03.330
controller
496
00:29:03.330 --> 00:29:05.010
for your refrigeration systems,
497
00:29:07.235 --> 00:29:11.635
which is a really interesting hack. Because you think about... There's there's a ton of value
498
00:29:12.275 --> 00:29:13.555
that is essentially
499
00:29:14.435 --> 00:29:16.355
secured by these refrigerators.
500
00:29:16.355 --> 00:29:20.435
Right? You think about all the stock of all these products, all these
501
00:29:21.070 --> 00:29:27.950
steaks, everything, right, that's super high value and it's super perishable, right, and Dude, being steak is expensive as fuck these days.
502
00:29:28.510 --> 00:29:30.990
Yes. I mean, everything is, but yes.
503
00:29:31.230 --> 00:29:37.994
Right? So everything... There's probably millions of dollars in a single grocery store of products that is only like...
504
00:29:38.394 --> 00:29:40.874
Value is secured by these refrigerators.
505
00:29:41.514 --> 00:29:42.154
So
506
00:29:42.955 --> 00:29:45.834
It's an interesting way to think of it. They
507
00:29:47.674 --> 00:29:50.715
got into the refrigerator's
508
00:29:49.590 --> 00:29:50.470
controller,
509
00:29:50.470 --> 00:29:52.389
and they remotely changed the settings,
510
00:29:52.950 --> 00:29:54.549
and they didn't just turn them off.
511
00:29:55.190 --> 00:29:56.549
They put it into
512
00:29:58.070 --> 00:30:00.149
repeated defrost cycles,
513
00:30:00.309 --> 00:30:14.455
which actually heats it up, right, to defrost the coils. Oh my god. And so they didn't just, like, you know, wait for them to go bad at room temperature. They set the temperature... They were able to drive the temperature of these refrigerators up to a 122 degrees Fahrenheit.
514
00:30:14.535 --> 00:30:15.095
Woah.
515
00:30:17.200 --> 00:30:18.159
700
516
00:30:18.400 --> 00:30:20.639
businesses were affected in France.
517
00:30:20.960 --> 00:30:21.520
Holy
518
00:30:21.760 --> 00:30:26.639
I mean, I Wait. Hold on. This is high stereo level. Yeah. I guess there was a previous hack that...
519
00:30:27.120 --> 00:30:29.679
That number comes from... Some of them were from a previous hack.
520
00:30:30.115 --> 00:30:31.075
Oh, okay.
521
00:30:31.875 --> 00:30:40.914
So that's like 700 over like a longer timeframe? Yeah. Let's see. When does that go back to? Maybe it goes back almost a year, but... Oh, okay.
522
00:30:41.715 --> 00:30:43.955
So some researchers dug in and found
523
00:30:44.840 --> 00:30:53.000
that there are 800 UK retail refrigeration systems with Internet accessible management interfaces using across 15 Danfoss systems.
524
00:30:54.600 --> 00:30:55.559
So they just
525
00:30:55.960 --> 00:31:02.075
probably, like, did a did a scrape for all these Internet connected systems. So this this wasn't necessarily all
526
00:31:03.355 --> 00:31:05.595
that were compromised,
527
00:31:05.674 --> 00:31:07.434
but just found those systems.
528
00:31:09.049 --> 00:31:12.570
Yeah. That's wild. Right? Like, IoT is
529
00:31:14.010 --> 00:31:18.809
really kinda scary in this new era because they are small
530
00:31:19.450 --> 00:31:22.570
embedded systems that typically don't have
531
00:31:23.575 --> 00:31:30.855
as robust to security measures as like a server at AWS or even a server in your house.
532
00:31:32.135 --> 00:31:35.655
Have like because that's not the main function. Know, that's a company that makes
533
00:31:36.500 --> 00:31:42.260
hydraulic systems and chillers. And so just getting some bare bones IoT functionality,
534
00:31:42.260 --> 00:31:43.539
they're like, done,
535
00:31:43.620 --> 00:31:44.580
right? It works.
536
00:31:45.539 --> 00:31:48.659
The security hardening is not top of mind. It's
537
00:31:49.139 --> 00:31:51.139
like this stripped down bare bones
538
00:31:51.985 --> 00:31:57.744
Internet connection on these devices, but it's still, like, connected to the Internet just like any other server.
539
00:31:58.065 --> 00:31:59.984
So it has the same exposure
540
00:32:00.065 --> 00:32:02.304
surface to the Internet as
541
00:32:02.784 --> 00:32:05.985
servers that have, like, gigabytes of RAM, whereas these only have,
542
00:32:06.860 --> 00:32:12.220
like, a megabyte of RAM. So it's just this Yeah. It's very tough, and they
543
00:32:12.860 --> 00:32:13.500
are
544
00:32:14.220 --> 00:32:15.260
almost certainly
545
00:32:15.980 --> 00:32:17.020
not updated
546
00:32:17.260 --> 00:32:28.714
as frequently cause it's just harder to update it. Right? There's not like a computer terminal necessarily and a keyboard. Can be like, you know, run update. Dude, it's probably one guy that works at this company who built that.
547
00:32:29.274 --> 00:32:33.274
And some of them might require, like, physical access to each one to update the firmware.
548
00:32:33.809 --> 00:32:39.250
Yeah, the hot tub pump controller here at the space, it has some archaic 1990s
549
00:32:39.250 --> 00:32:47.730
looking web interface and that's how you know, it's like, you're fucked. Yeah. That's probably not so good. Yeah. This is I think where the Libre board shines
550
00:32:47.895 --> 00:32:49.414
because it helps
551
00:32:49.815 --> 00:32:52.375
remove these auxiliary devices.
552
00:32:52.455 --> 00:32:56.934
Yes. Right? Because the LibreBoard is like the Swiss army knife
553
00:32:57.015 --> 00:33:01.175
of mining control boards. Now that's a great point because that hot tub
554
00:33:01.530 --> 00:33:04.570
has a Bitcoin miner running
555
00:33:04.570 --> 00:33:05.690
some aftermarket
556
00:33:05.690 --> 00:33:06.490
firmware,
557
00:33:06.890 --> 00:33:12.010
managing that part of the system, if we think about it as a system, and then some entire third party
558
00:33:12.250 --> 00:33:14.170
control my spa vendor
559
00:33:14.410 --> 00:33:17.210
with some archaic IoT
560
00:33:16.625 --> 00:33:17.505
platform
561
00:33:17.505 --> 00:33:19.025
to manage the pumps.
562
00:33:19.585 --> 00:33:29.745
Right. And then that's where we threw Home Assistant. Yep. Add another layer, another threat vector, right where we try to marry them in software and you get this whole like Rube Goldberg machine. Yeah.
563
00:33:30.490 --> 00:33:32.889
And I have a feeling that that is actually most...
564
00:33:33.130 --> 00:33:41.450
To your point, Eco, that's probably most building management systems. A 100%. Yeah. It's just a hodgepodge of shitty IoT devices Yep. Married together.
565
00:33:42.010 --> 00:33:45.529
Yeah. I was working at a pretty big office building once, and it was like,
566
00:33:46.195 --> 00:33:50.195
everyone was freaking out because the heater was on in the middle of summer. And so we went down to, like,
567
00:33:50.755 --> 00:33:58.355
talk to the building manager, and he was like, oh, yeah. Let's let's see if we can, like, fix this. And we go, and then he's like, this is the terminal, and it's this, like, old ass computer.
568
00:33:58.595 --> 00:34:02.350
And he gets on there, and it's like... It looks like one of those DOS
569
00:34:02.750 --> 00:34:08.510
GUIs, you know, where it's like the whole, like, thing is made out of text, it's, like, blue and magenta.
570
00:34:08.510 --> 00:34:11.790
And, he's getting in there and, like, changing stuff, and it's like,
571
00:34:12.765 --> 00:34:14.685
man, that stuff... You know, there...
572
00:34:15.244 --> 00:34:20.045
This was this was in the, like, twenty tens, and the thing looked like it was made in, like,
573
00:34:20.605 --> 00:34:22.045
I don't know, the nineties.
574
00:34:22.444 --> 00:34:27.300
Damn. So clearly, hadn't been updating it. Yeah. So you gotta think if
575
00:34:27.300 --> 00:34:33.940
that thing is internet connected or on the local network and something else has a vulnerability that lets people get onto the local network,
576
00:34:34.420 --> 00:34:37.220
how's that? That's where I think about government systems,
577
00:34:37.860 --> 00:34:42.425
traffic lights, like how secure is that? Yeah, this is
578
00:34:42.905 --> 00:34:45.225
stuck next. Do you remember that exploit? Specifically
579
00:34:46.745 --> 00:34:47.625
targeted,
580
00:34:47.625 --> 00:34:48.825
I think it was toward
581
00:34:49.465 --> 00:34:50.345
GE
582
00:34:52.170 --> 00:34:54.170
power plant control systems,
583
00:34:54.170 --> 00:34:54.810
right?
584
00:34:55.849 --> 00:34:57.450
Think that sounds right. Yeah, I
585
00:34:58.810 --> 00:35:01.850
think it was more than just power plants. Wasn't it like
586
00:35:03.450 --> 00:35:06.315
uranium enrichment or something really dicey?
587
00:35:06.395 --> 00:35:07.595
Yeah, it was a...
588
00:35:08.875 --> 00:35:10.715
I'm pretty sure it was for a...
589
00:35:11.195 --> 00:35:11.915
Maybe
590
00:35:11.995 --> 00:35:16.715
it wasn't a nuclear power plant, maybe it was a uranium enrichment facility, I don't know.
591
00:35:17.360 --> 00:35:19.600
They were doing something nuclear,
592
00:35:20.320 --> 00:35:21.760
and it was a very
593
00:35:22.400 --> 00:35:23.600
sophisticated
594
00:35:24.080 --> 00:35:25.520
targeted attack.
595
00:35:26.640 --> 00:35:31.840
Back then I think they probably only could have pulled that off with insider knowledge,
596
00:35:33.704 --> 00:35:35.065
but nowadays
597
00:35:35.065 --> 00:35:36.185
I think
598
00:35:36.825 --> 00:35:40.185
it's looking to me like on this trajectory,
599
00:35:40.825 --> 00:35:42.665
and to your point, yeah,
600
00:35:43.464 --> 00:35:44.905
traffic light systems,
601
00:35:45.545 --> 00:35:48.184
think about like your city's water pumps,
602
00:35:49.760 --> 00:35:51.040
your electrical
603
00:35:51.040 --> 00:35:52.560
grid infrastructure.
604
00:35:53.040 --> 00:35:55.200
Even if you don't go after the power plant,
605
00:35:55.760 --> 00:35:59.920
if there's some way through IoT devices that aren't well secured to just
606
00:36:00.640 --> 00:36:15.815
excessively draw load on the grid, you can cause brownouts. Yeah. Yeah. Yeah. That's a really interesting point because you think about, like, why would hackers wanna, like, change the stoplights in, like, bumblefug nowhere? Right? That, like, doesn't get you anything. But if it's a very wide,
607
00:36:16.455 --> 00:36:16.775
you know,
608
00:36:18.180 --> 00:36:19.940
vulnerable attack surface,
609
00:36:20.099 --> 00:36:32.515
now you can really start to screw things up if you collect all these exploits and where they're all deployed and go after them sort of vulnerable. Was my takeaway with the refrigeration was I would have never thought that's such a creative
610
00:36:32.515 --> 00:36:33.155
way
611
00:36:33.795 --> 00:36:35.155
to cause chaos.
612
00:36:36.435 --> 00:36:37.075
Yes.
613
00:36:38.675 --> 00:36:42.035
Right. I mean, what was their motive
614
00:36:42.035 --> 00:36:45.395
here? Was it just someone who wanted to cause chaos? Was it like
615
00:36:45.960 --> 00:36:47.000
competitors?
616
00:36:47.080 --> 00:36:50.440
What's interesting is last week, the UK government
617
00:36:51.400 --> 00:36:53.080
notified its citizens
618
00:36:53.080 --> 00:36:54.040
to prepare
619
00:36:54.359 --> 00:36:57.080
food and water and power generation for
620
00:36:57.320 --> 00:36:59.000
an oncoming threat of cyber attacks.
621
00:36:59.575 --> 00:37:05.095
My conspiracy theory brain goes a little like, is this a psyop? Is this coordinated?
622
00:37:05.095 --> 00:37:14.055
It's the cyber pandemic. They've been planning it. They have. I mean, Charles Schwab mentioned it like in 2022 at the World Economic Forum. It was the next big thing. But then The US
623
00:37:14.840 --> 00:37:20.760
has also instructed all
of its military bases to have three months of local power generation
624
00:37:21.000 --> 00:37:24.840
and food and water prepared on base. And I
625
00:37:25.400 --> 00:37:26.360
vaguely recall
626
00:37:27.025 --> 00:37:30.785
something about a group of hackers coming out and saying
627
00:37:31.345 --> 00:37:35.665
that they could shut down the worldwide internet by attacking 10
628
00:37:36.065 --> 00:37:37.425
central hubs
629
00:37:38.145 --> 00:37:39.425
or something like that.
630
00:37:40.225 --> 00:37:41.825
Was like a handful of
631
00:37:42.210 --> 00:37:45.490
choke points that could shut the worldwide internet down.
632
00:37:46.930 --> 00:37:51.170
I think that was years and years and years ago too when they were saying that.
633
00:37:51.490 --> 00:37:53.490
Yeah, mean my prediction is
634
00:37:53.650 --> 00:37:59.985
the chaos we've seen in the past two, three months in software land is going to start
635
00:38:00.065 --> 00:38:01.025
impacting
636
00:38:01.745 --> 00:38:03.505
hardware connected systems,
637
00:38:05.105 --> 00:38:05.665
infrastructure
638
00:38:06.465 --> 00:38:07.105
things.
639
00:38:09.110 --> 00:38:12.950
Yeah, now imagine like all the cars are self driving.
640
00:38:13.270 --> 00:38:14.070
Yeah.
641
00:38:14.310 --> 00:38:18.230
Right? You know, these are like the types of kill switches that
642
00:38:18.470 --> 00:38:22.230
the paranoid and conspiracy theorists among us have been warning about,
643
00:38:23.115 --> 00:38:27.595
and it just seems like society is just barreling toward this
644
00:38:27.835 --> 00:38:28.875
inevitable
645
00:38:29.515 --> 00:38:32.235
end where everything is susceptible
646
00:38:32.235 --> 00:38:34.875
to getting controlled remotely
647
00:38:34.955 --> 00:38:38.315
and not in a good way. Dude, how many people have
648
00:38:38.990 --> 00:38:42.430
ring door locks on their house? Oh, fuck. Yeah.
649
00:38:45.069 --> 00:38:46.110
Yeah. That's
650
00:38:46.510 --> 00:38:47.150
is...
651
00:38:48.510 --> 00:38:54.965
That's bad news. I feel like it's it's not just your privacy at risk here. Right? It's these
652
00:38:56.085 --> 00:39:01.925
IoT smart devices, man. I'm telling you, they're they're not well secured. They're not easy to update, and they're
653
00:39:02.725 --> 00:39:06.085
potentially on the Internet as first class web servers. So
654
00:39:07.059 --> 00:39:11.859
I would expect companies like Ring and Google with their Nest ecosystem
655
00:39:11.859 --> 00:39:12.500
are...
656
00:39:13.299 --> 00:39:16.740
They're very software native companies and platforms,
657
00:39:16.740 --> 00:39:22.305
and, you know, slick user experience and interface is is a core product and offering from them.
658
00:39:22.705 --> 00:39:23.585
Where I get
659
00:39:24.065 --> 00:39:34.785
worried is these niche companies like the chiller, the hot tub pump controller. That shit is not updated. What's the last update for that firmware? Probably five years ago, whatever. You know
what I mean? And
660
00:39:36.250 --> 00:39:37.770
are those companies even
661
00:39:38.090 --> 00:39:40.090
remotely aware of what's going on?
662
00:39:40.890 --> 00:39:44.090
Yeah. I mean, it's probably installed by third party contractors.
663
00:39:44.250 --> 00:39:45.770
They're like, install this system.
664
00:39:46.010 --> 00:39:58.675
Literally. Then you're like Solar inverters, random shit. You're like, okay, cool. It works. But you're not going to keep paying that guy to come back every month and run the updates and check it for vulnerabilities and stuff, right? It's like once the job's done, you're like, cool,
665
00:39:59.234 --> 00:40:00.035
that's done.
666
00:40:01.555 --> 00:40:08.000
It's working, let's just let it ride. Meanwhile, these exploits are being developed against it. It's a pretty frightening situation.
667
00:40:08.480 --> 00:40:15.440
So the hackers I was thinking of says here on 05/19/1998,
668
00:40:16.320 --> 00:40:20.205
seven members of the hacker group LOFT Heavy Industries
669
00:40:20.365 --> 00:40:25.164
testified
670
00:40:25.164 --> 00:40:30.924
before the U. S. Senate Committee on Governmental Affairs stating that any one of them could make the internet
671
00:40:31.820 --> 00:40:33.900
unusable for the entire nation
672
00:40:34.300 --> 00:40:35.900
within thirty minutes.
673
00:40:36.700 --> 00:40:39.260
The threat was based on a discovered vulnerability
674
00:40:39.260 --> 00:40:41.580
in the Border Gateway Protocol
675
00:40:43.494 --> 00:40:47.655
the core routing protocol that directs traffic across the internet.
676
00:40:47.895 --> 00:40:54.855
The flaw would allow a cascading failure where one router's crash would send faulty routing information to the next,
677
00:40:55.095 --> 00:40:58.375
knocking systems offline in rapid automated chain reaction.
678
00:40:59.220 --> 00:40:59.860
So
679
00:41:00.260 --> 00:41:07.540
there's a hacker, super cool dude, Joe Grand. He was part of the LOFT, and there's a cool... He he wrote a book about this whole,
680
00:41:07.940 --> 00:41:11.460
work that they did and testifying before congress about it. Anyways, Joe Grand
681
00:41:11.865 --> 00:41:12.905
demonstrated
682
00:41:12.985 --> 00:41:14.345
the ledger
683
00:41:15.065 --> 00:41:16.745
hack, supply chain attack,
684
00:41:19.065 --> 00:41:23.065
a few months ago. That was the same dude? Same dude. Crazy.
685
00:41:23.225 --> 00:41:24.825
Yeah. What a G.
686
00:41:25.065 --> 00:41:26.425
Yeah. Yeah. Cool dude.
687
00:41:26.990 --> 00:41:27.790
There's
688
00:41:27.790 --> 00:41:30.030
an old magazine. I don't know if you guys...
689
00:41:31.790 --> 00:41:32.750
No offense,
690
00:41:33.630 --> 00:41:38.350
you're probably too young for this one. Magazine? You might know. 2600?
691
00:41:38.829 --> 00:41:42.695
Yeah. Do remember that magazine? Yeah, thousand six hundred is awesome. So
692
00:41:43.575 --> 00:41:44.695
there was like this
693
00:41:45.495 --> 00:41:46.775
Captain Crunch
694
00:41:47.015 --> 00:41:48.375
cereal box,
695
00:41:48.695 --> 00:41:49.735
the cereal,
696
00:41:49.895 --> 00:41:57.540
and they had like a whistle, like the cereal boxes used to include toys for the kids, and so there was like a whistle that Captain Crunch
697
00:41:57.780 --> 00:42:00.420
was including with their breakfast cereals,
698
00:42:01.140 --> 00:42:02.980
and this whistle
699
00:42:03.299 --> 00:42:06.020
had a very specific frequency
700
00:42:06.420 --> 00:42:07.940
and it was 2,600
701
00:42:09.345 --> 00:42:10.465
if someone
702
00:42:10.465 --> 00:42:20.545
figured out if you pick up a phone and blow the Captain Crunch whistle into it, it was the frequency the tone was waiting to hear to connect
703
00:42:20.705 --> 00:42:22.945
long distance calls for free.
704
00:42:24.020 --> 00:42:24.900
So if
705
00:42:25.380 --> 00:42:29.060
you did that, you could make long distance calls without having to pay.
706
00:42:29.460 --> 00:42:31.780
That's funny. Yeah, and so anyways,
707
00:42:32.099 --> 00:42:34.420
magazine, 2600 magazine,
708
00:42:34.500 --> 00:42:34.580
has
709
00:42:36.285 --> 00:42:37.085
just
710
00:42:37.565 --> 00:42:40.045
they were quarterly publications,
711
00:42:40.924 --> 00:42:46.045
but it's just like articles upon articles upon articles of all sorts of neat
712
00:42:46.045 --> 00:42:47.885
tricks and hacks and
713
00:42:48.300 --> 00:42:52.940
just interesting things you can do with tech. And it dates back.
714
00:42:53.340 --> 00:42:55.260
That is cool. Yeah, it's
715
00:42:55.500 --> 00:42:56.940
a really neat magazine.
716
00:42:57.100 --> 00:42:58.940
So the 2,600 Hertz
717
00:42:59.900 --> 00:43:01.820
hack that was discovered with the whistle,
718
00:43:02.735 --> 00:43:13.215
once they realized that that was the thing, they started making boxes that would emit the specific frequency tone onto the phone line to take over. It was called the trunking system. It's like the switches that control
719
00:43:13.375 --> 00:43:15.615
how your phone was connected back in the day.
720
00:43:16.580 --> 00:43:21.140
And so they made these boxes that could do that. Were called blue boxes. They just named them that for some reason.
721
00:43:21.620 --> 00:43:23.380
But fun history
722
00:43:23.460 --> 00:43:26.900
fact, that is what Steve Jobs and Wozniak,
723
00:43:27.220 --> 00:43:33.435
that's what they were building before they started Apple, was building No way. And selling Blue boxes? Blueboxes.
724
00:43:33.435 --> 00:43:35.035
And they have a very
725
00:43:35.275 --> 00:43:36.155
famous about
726
00:43:36.955 --> 00:43:37.995
how they
727
00:43:39.755 --> 00:43:40.715
called,
728
00:43:40.875 --> 00:43:41.915
like from
729
00:43:42.075 --> 00:43:43.755
California presumably,
730
00:43:43.755 --> 00:43:44.235
called
731
00:43:45.119 --> 00:43:47.040
and got ahold of
732
00:43:47.440 --> 00:43:48.240
the
733
00:43:48.960 --> 00:43:49.760
Queen
734
00:43:49.760 --> 00:43:50.720
of England.
735
00:43:50.880
--> 00:43:52.000
No way.
736
00:43:52.480 --> 00:43:53.440
That's awesome.
737
00:43:54.240 --> 00:43:56.400
That's insane. What did they say to her?
738
00:43:57.055 --> 00:43:57.935
They just
739
00:43:58.175 --> 00:44:00.735
talked to some assistant, and it was on the
740
00:44:03.455 --> 00:44:08.175
public phone number. Right? It was like... Right. They got ahold of the internal phone number,
741
00:44:08.735 --> 00:44:10.095
I'm
742
00:44:10.095 --> 00:44:11.775
trying to remember when. I think that
743
00:44:12.400 --> 00:44:14.880
it was like, she's asleep
744
00:44:14.960 --> 00:44:18.000
and like... They're like, this is important. Wake her up.
745
00:44:20.080 --> 00:44:26.000
And then I think they whisked out at that point, if I'm remembering the story correctly and like hung up or something. But like they they like
746
00:44:26.424 --> 00:44:29.305
it was going to happen. Dude, that's crazy.
747
00:44:30.744 --> 00:44:36.825
I think that's effectively what the hackers are doing today. They're just playing around, seeing what they can probe. Yeah. I mean,
748
00:44:38.920 --> 00:44:39.880
the same
749
00:44:40.360 --> 00:44:41.080
story,
750
00:44:41.320 --> 00:44:43.000
but yeah, if there's a
751
00:44:43.240 --> 00:44:44.120
weak point,
752
00:44:44.280 --> 00:44:45.800
someone's going to find it.
753
00:44:47.000 --> 00:44:49.000
Especially now. You don't even have to
754
00:44:49.880 --> 00:44:57.245
put in as much time, right? We have these incredible tools that especially with obliterated models, right? You can just
755
00:44:58.125 --> 00:45:03.565
you don't have to necessarily have this great financial incentive to try hacking something, right? Just the curiosity.
756
00:45:04.059 --> 00:45:04.700
Right.
757
00:45:05.099 --> 00:45:07.500
Don't don't make your $1,000,000
758
00:45:07.660 --> 00:45:09.820
stake collection dependent on
759
00:45:10.700 --> 00:45:12.300
some IoT device.
760
00:45:13.020 --> 00:45:13.820
Have good
761
00:45:14.220 --> 00:45:17.660
network security at your house. Change your default Wi Fi password.
762
00:45:18.305 --> 00:45:24.225
Yeah. Store all your company documents on an encrypted hard drive and don't put it on the Internet.
763
00:45:24.705 --> 00:45:25.345
Yeah.
764
00:45:25.985 --> 00:45:29.425
Yeah. The the IoT thing is really crazy because it's just been so
765
00:45:30.480 --> 00:45:31.280
ignored
766
00:45:31.280 --> 00:45:37.840
for so long. Like, we had the the TVs, the Hisense TVs that were just... First of all, they were snooping on you
767
00:45:38.080 --> 00:45:39.360
Yeah. And recording
768
00:45:39.360 --> 00:45:41.360
what you watched and all sorts of
769
00:45:42.000 --> 00:45:47.075
personal details, but they were uploading them to Hisense's server,
770
00:45:47.395 --> 00:45:48.755
which was totally
771
00:45:49.234 --> 00:45:50.115
insecure.
772
00:45:50.115 --> 00:45:52.355
Right? That server was wide open.
773
00:45:52.595 --> 00:45:54.915
We talked about this a
little bit last time, but, like,
774
00:45:55.315 --> 00:45:57.155
you know, they just didn't even think that, like,
775
00:45:58.070 --> 00:45:58.790
because
776
00:45:59.110 --> 00:46:06.230
it's closed source firmware in this TV and we have the URL in there and it's in a binary and no one can see it, that
777
00:46:06.790 --> 00:46:10.150
we don't need to secure the server, which is actually kinda hard to do
778
00:46:11.015 --> 00:46:14.055
because you need to have the credentials in the TV also. But,
779
00:46:14.535 --> 00:46:19.255
yeah, there's... I think there's gonna be... We're gonna see more and more and more vulnerabilities,
780
00:46:19.335 --> 00:46:21.975
especially in that, like, IoT stuff.
781
00:46:23.190 --> 00:46:25.510
Well, you know what'll fix them for sure
782
00:46:25.910 --> 00:46:26.630
is
783
00:46:26.790 --> 00:46:28.150
more KYC
784
00:46:29.430 --> 00:46:31.270
and more centralization.
785
00:46:31.910 --> 00:46:41.455
Yes. Definitely going to be... Do not resist. Yeah, don't resist. Definitely, yeah. Just get the ID of everyone who legitimately uses your service and you'll be fine. Yeah,
786
00:46:41.775 --> 00:46:49.375
what could go wrong? You know what we haven't talked about? It's been two weeks now, but we got so sucked into all of the critical vulnerabilities is
787
00:46:50.170 --> 00:46:51.370
the Bitwater.
788
00:46:51.530 --> 00:46:52.970
Our friends at Heatbit,
789
00:46:54.570 --> 00:47:02.410
water heating element Bitcoin miner they made. You guys saw that I'm sure? It's like a direct replacement to a typical
790
00:47:02.535 --> 00:47:03.815
heating element. Legacy
791
00:47:04.214 --> 00:47:06.295
hot water heating element, right? Yeah.
792
00:47:06.694 --> 00:47:07.895
What do you think of it?
793
00:47:08.375 --> 00:47:12.695
I think it's super cool. You're right. It's squarely in your wheelhouse. It is in my wheelhouse.
794
00:47:14.055 --> 00:47:14.855
So those
795
00:47:15.095 --> 00:47:19.730
electric hot water heaters which are quite prevalent in The US, it's like half of them,
796
00:47:20.050 --> 00:47:22.050
they use these nickel chromium
797
00:47:22.050 --> 00:47:31.890
resistive elements and that's their job is they suck current and they have a lot of resistance so they get glowing red hot and they heat up your water and they're upwards of
798
00:47:32.685 --> 00:47:34.765
four to 6,000 watts.
799
00:47:34.925 --> 00:47:43.485
And then a 50 gallon tank, they don't have to run that long. You like a lot of wattage because they call it a high recovery time. That way, you use your 50 gallons of hot water,
800
00:47:43.725 --> 00:47:47.085
it heats for thirty minutes or whatnot and you got hot water again. Right.
801
00:47:48.920 --> 00:47:51.160
Which I really liked are the
802
00:47:51.480 --> 00:47:53.880
on demand water heaters. Those are sweet.
803
00:47:54.119 --> 00:48:00.920
Where you don't have this massive reservoir. It's just heating the water as it's passing through. And those work great with gas
804
00:48:00.920 --> 00:48:04.425
because the flames are so hot. So you have a really high temperature
805
00:48:04.585 --> 00:48:05.545
heat source.
806
00:48:05.945 --> 00:48:08.665
For electric tankless, you need like 50
807
00:48:09.305 --> 00:48:13.465
amps or something. Oh damn. They have smaller ones, right? The InstaHot,
808
00:48:13.545 --> 00:48:21.280
right? That'll like go below your sink, right? It can't do your whole house, but it can do like a sink. Like a coil for just that flow.
809
00:48:21.600 --> 00:48:23.520
Or the old school suicide showers.
810
00:48:24.640 --> 00:48:29.760
Old school suicide showers. What's that? They're really popular in the developing world,
811
00:48:30.160 --> 00:48:33.520
but it's basically an attachment that goes on your showerhead.
812
00:48:33.954 --> 00:48:43.555
Yes. And it's wired into mains power, usually in a sketchy ass way. But it basically heats the water at your showerhead by just pumping a bunch of current through, and it's called a suicide The
813
00:48:44.994 --> 00:48:51.140
exposed wires are right there and it's... Yeah. Yeah. I traveled to South America
814
00:48:51.859 --> 00:48:52.660
like
815
00:48:52.660 --> 00:48:54.340
early 2000s
816
00:48:54.420 --> 00:48:55.140
and
817
00:48:55.220 --> 00:48:56.020
experienced
818
00:48:56.020 --> 00:48:59.460
that firsthand and it was super sketchy. Was the water warm though?
819
00:49:00.145 --> 00:49:01.345
It
820
00:49:01.345 --> 00:49:02.305
was all right.
821
00:49:02.865 --> 00:49:03.345
Right.
822
00:49:03.825 --> 00:49:05.985
It was better than just like cold
823
00:49:05.985 --> 00:49:08.465
room temperature water. Yeah. Well,
824
00:49:09.185 --> 00:49:12.945
HeatBit product is interesting because, okay, you can't really fit.
825
00:49:13.940 --> 00:49:16.579
This is the difference, those nickel chromium
826
00:49:16.579 --> 00:49:23.140
resistive elements they get really hot like 800 degrees and you can't get an ASIC chip that hot, right?
827
00:49:23.700 --> 00:49:24.099
No,
828
00:49:25.555 --> 00:49:30.835
I forget what it is in Fahrenheit, we're talking what like 80 degrees Celsius? Yeah, so
829
00:49:31.075 --> 00:49:31.875
way
830
00:49:32.035 --> 00:49:33.075
lower temperature.
831
00:49:33.955 --> 00:49:43.690
And then the other thing is just your space constrained to flow that much current, not that much current is flowing through the chips, Scott would know. And so if you have a form factor that's just the same size element,
832
00:49:44.089 --> 00:49:48.890
heat bits is like 600 watts. So 10 times, eight times less.
833
00:49:49.290 --> 00:49:50.890
And what does that mean?
834
00:49:51.290 --> 00:49:53.369
It means it's running way more often,
835
00:49:54.155 --> 00:50:20.650
but it also takes way longer to heat the 50 gallons. But the cool thing of it running way more often is you're mining Bitcoin way more often. That's why the water heater has kind of been this hard one to solve
because if it only ran for fifteen minutes a couple times a day, it's like, why did I buy the expensive Bitcoin miner? You know, it has little bursts of mining. So they had an interesting strategy, which I'm excited to test out. It's like, it's a 600 watt miner. I think it's like 35 terahash and it basically is running all the time.
836
00:50:21.525 --> 00:50:25.045
And depending on how many people are in your household, how much hot water you're using,
837
00:50:25.765 --> 00:50:29.525
it may or may not work. Most electric hot water heaters though, they do have
838
00:50:29.845 --> 00:50:31.285
two element ports.
839
00:50:31.684 --> 00:50:35.845
And so you would replace the bottom one with the heat bit water
840
00:50:36.369 --> 00:50:37.410
and that
841
00:50:37.490 --> 00:50:44.770
convection, that hot water rises and then if you need to top it off before it goes out, have the 6,000 watt one as a backup
842
00:50:45.090 --> 00:50:47.490
for your quick recovery time. How
843
00:50:48.770 --> 00:50:50.210
hot can
844
00:50:52.775 --> 00:50:54.055
what's it called bit water?
845
00:50:54.295 --> 00:50:55.974
How hot can that thing get
846
00:50:56.135 --> 00:50:57.734
50 gallons of water?
847
00:50:58.055 --> 00:51:01.335
I think they tweeted somewhere like 140
848
00:51:01.335 --> 00:51:05.575
degrees Fahrenheit. You don't want much hotter than that. There's some kind of range too where
849
00:51:06.309 --> 00:51:09.510
you're trying to avoid certain bacteria growth and then also
850
00:51:10.150 --> 00:51:12.950
the scaling of the calcium buildup in the minerals.
851
00:51:13.109 --> 00:51:13.830
If
852
00:51:15.030 --> 00:51:17.590
the bit water is only capable of doing like,
853
00:51:17.990 --> 00:51:21.030
is that like what an ASIC runs at? Like 140 degrees?
854
00:51:22.355 --> 00:51:31.315
What's 80 degrees Celsius? The chips will be hotter and then the heat sinks will be slightly cooler and then the water is slightly cooler because heat transfers from hot to cold. It's like a gradient. But
855
00:51:32.515 --> 00:51:37.040
if they can get the water to 140, then the chips are something above that. Interesting.
856
00:51:37.040 --> 00:51:42.560
Okay. Yeah. You could probably get an ASIC up to... An ASIC chip up to
857
00:51:43.520 --> 00:51:44.960
a 190,
858
00:51:45.520 --> 00:51:47.760
maybe almost 200 degrees Fahrenheit.
859
00:51:48.095 --> 00:51:52.175
Yeah. They're close to boiling almost. Wow. Yeah. They're really close to boiling.
860
00:51:54.015 --> 00:51:54.655
That...
861
00:51:55.454 --> 00:51:58.734
So that's plenty hot for water. I mean, I guess there's...
862
00:51:59.214 --> 00:52:01.135
Chip surface temperature doesn't exactly
863
00:52:01.980 --> 00:52:07.580
mean that's what the water temperature will be, but there's some room there. It's
864
00:52:07.820 --> 00:52:11.180
cool though because that's like a fifteen minute replacement. Rip
865
00:52:11.180 --> 00:52:12.460
out your whole hot water heater.
866
00:52:14.075 --> 00:52:19.515
The flip side here is those heating elements are like $25 at Harbor Freight or Supply House.
867
00:52:19.755 --> 00:52:22.635
It's just a really inexpensive disposable
868
00:52:23.674 --> 00:52:26.395
piece of equipment. How much is the bit water?
869
00:52:27.115 --> 00:52:27.994
900
870
00:52:28.350 --> 00:52:32.990
Damn, introductory 900. I think they said it was 1,200 after the
871
00:52:33.470 --> 00:52:34.350
price. I
872
00:52:34.750 --> 00:52:39.550
did some napkin math like if you have below I think 14¢ power it's effectively free heat
873
00:52:39.790 --> 00:52:45.015
so for your hot water. There's some arbitrage there. It's cool to see though. I think there's
874
00:52:45.095 --> 00:52:50.855
at least a Zetta hash of electric hot water heaters already out there waiting to be converted to
875
00:52:51.015 --> 00:52:53.255
from zero hash rate to hash rate.
876
00:52:54.000 --> 00:52:55.920
There's a little bit of a catch though because
877
00:52:56.880 --> 00:53:01.120
they... I think they said it was 20 chips in their BM 13 seventies.
878
00:53:01.360 --> 00:53:02.320
And if
879
00:53:03.360 --> 00:53:08.705
you're running that at at its nominal hash rate, which would be the highest efficiency
880
00:53:09.025 --> 00:53:11.585
miner, that's only going to be 400 watts.
881
00:53:12.225 --> 00:53:12.865
So
882
00:53:13.185 --> 00:53:20.865
you would have to really overdrive them to get up to the 600 watts they're talking about, and that's going to have lower efficiency. So less bitcoin
883
00:53:20.865 --> 00:53:21.265
per,
884
00:53:22.240 --> 00:53:22.640
I'm input
885
00:53:24.080 --> 00:53:26.400
curious to see how the software works
886
00:53:26.960 --> 00:53:31.520
and how it all plugs in as an IoT device in the home.
887
00:53:32.000 --> 00:53:33.200
Well, speaking of which,
888
00:53:35.694 --> 00:53:38.415
is this an open source product? Was it
889
00:53:39.055 --> 00:53:41.375
forked from an existing project?
890
00:53:41.855 --> 00:53:44.655
It's certainly their own PCB design because
891
00:53:44.974 --> 00:53:46.415
it looks like a rod,
892
00:53:47.055 --> 00:53:54.500
but I haven't heard word on the source for the hardware or the software. I think it's pre orders right now just announced. Didn't they just released
893
00:53:54.980 --> 00:53:59.380
some hardware source, right? Was that the Bitwater or something That's the Bitair.
894
00:54:00.100 --> 00:54:04.100
Okay, Bitair. What's the Bitair? Scott will describe it best.
895
00:54:04.795 --> 00:54:05.595
BitAir
896
00:54:05.595 --> 00:54:06.555
is a...
897
00:54:07.435 --> 00:54:10.555
It's like an air filter, like a small...
898
00:54:10.875 --> 00:54:15.595
It's like this. I don't know. It looks like maybe a slightly taller paint can.
899
00:54:17.515 --> 00:54:18.155
And
900
00:54:18.395 --> 00:54:19.835
it
901
00:54:19.410 --> 00:54:21.010
is a Bitcoin miner,
902
00:54:21.410 --> 00:54:25.330
and it has some... I don't know
exactly how it works, some sort of air filtration
903
00:54:25.970 --> 00:54:29.090
aspect to it. So the idea is that you can
904
00:54:29.490 --> 00:54:32.210
filter your air and mine Bitcoin at the same time.
905
00:54:33.089 --> 00:54:33.490
And
906
00:54:33.935 --> 00:54:35.775
So it's similar to the...
907
00:54:36.175 --> 00:54:36.735
They
908
00:54:37.295 --> 00:54:40.335
sent one to Bitcoin Park and I set it up. That's
909
00:54:40.335 --> 00:54:45.695
the Heatbit Trio. The Trio, yeah. And that has a HEPA filter as well, but it's
910
00:54:45.695 --> 00:54:53.000
way more wattage as in it can heat a room. This is what, like it's tiny wattage. It's meant to be a solo miner. Yeah. Yeah. It has...
911
00:54:53.320 --> 00:55:00.360
It's based on the Bidax Gamma, and it has one BM thirteen seventy in it. It's gonna be Just one ASIC chip. Yeah. So it's gonna be
912
00:55:01.875 --> 00:55:09.235
20 watts or so of Bitcoin mining. I mean, there's also some electrical power that's gonna be used to run the the big fan to
913
00:55:09.635 --> 00:55:13.155
to do the electricity. You're not noticing it on your power bill at all? Yeah.
914
00:55:13.730 --> 00:55:21.010
Yeah. I assume it will warm the air a little bit, but I think the thought is they're moving so much air through it that it's it's not gonna warm it up that much.
915
00:55:21.490 --> 00:55:23.490
So they released the the board
916
00:55:24.289 --> 00:55:24.770
source.
917
00:55:25.425 --> 00:55:27.745
They did. They did. They released the the
918
00:55:28.145 --> 00:55:28.945
Yeah. I files,
919
00:55:29.665 --> 00:55:32.865
like, it's it's really cool. They released the source
920
00:55:33.345 --> 00:55:35.185
for the the mining
921
00:55:35.505 --> 00:55:37.265
board in there, which is
922
00:55:38.079 --> 00:55:44.079
got... It... It's a little bit different, like, PCB shape, but it... For the... For all intents and purposes, it's,
923
00:55:44.319 --> 00:55:46.400
very similar to the Bidax Gamma.
924
00:55:47.040 --> 00:55:50.400
So this is an example of a company
925
00:55:50.705 --> 00:55:52.545
making a derivative
926
00:55:53.265 --> 00:55:59.905
product out of an open source project and commercializing it and
927
00:56:00.545 --> 00:56:03.505
doing so in a way where they're complying with the license
928
00:56:04.865 --> 00:56:05.985
and
929
00:56:06.620 --> 00:56:07.820
making profit.
930
00:56:08.940 --> 00:56:09.500
Absolutely.
931
00:56:10.060 --> 00:56:14.940
Win win win across the board, right? It's almost like we've been saying that for a long time.
932
00:56:15.660 --> 00:56:20.775
Yeah, would hope that this allowed them to get it to market a lot sooner
933
00:56:21.015 --> 00:56:23.735
because the whole hardware design is there.
934
00:56:25.335 --> 00:56:25.975
Also,
935
00:56:27.095 --> 00:56:27.815
firmware
936
00:56:28.215 --> 00:56:29.095
is there.
937
00:56:29.494 --> 00:56:31.255
They have yet to release the firmware,
938
00:56:32.180 --> 00:56:35.300
which they are obligated to do. Okay,
939
00:56:35.300 --> 00:56:39.540
their tweet today said they're intending to, so hopefully that does come soon.
940
00:56:40.500 --> 00:56:42.340
Yeah, yeah, I think they
941
00:56:42.740 --> 00:56:45.780
I've been I've been talking with
942
00:56:45.115 --> 00:56:50.875
a couple people at HeapIt, and they they do intend to do it. If I had my...
943
00:56:51.595 --> 00:56:59.275
If if this were done perfectly in my opinion, the... Both the hardware and the firmware source would have been released before they started shipping them, but,
944
00:57:00.540 --> 00:57:02.220
you know, baby steps there.
945
00:57:02.940 --> 00:57:06.860
Well, it could have been a lot worse. Right? They could have just said,
946
00:57:07.100 --> 00:57:08.060
fuck off.
947
00:57:08.780 --> 00:57:10.380
We we took your
948
00:57:10.620 --> 00:57:13.340
project and commercialized it, and
949
00:57:14.325 --> 00:57:16.085
if you don't like it, sue us.
950
00:57:16.405 --> 00:57:17.045
Yeah.
951
00:57:17.445 --> 00:57:21.685
Yeah, that's right. And there certainly have been people that have done that and that is,
952
00:57:23.205 --> 00:57:24.005
in my opinion,
953
00:57:25.299 --> 00:57:26.980
well, it's illegal.
954
00:57:27.140 --> 00:57:29.940
It is illegal copyright infringement.
955
00:57:30.260 --> 00:57:32.180
But then also you are just...
956
00:57:32.500 --> 00:57:35.619
Especially if you're making like a home Bitcoin miner, I think you're really
957
00:57:36.500 --> 00:57:36.980
leaving
958
00:57:37.715 --> 00:57:41.235
a lot of potential on the table for people to
959
00:57:41.555 --> 00:57:42.675
get involved
960
00:57:42.755 --> 00:57:45.395
and improve on this project to
961
00:57:46.435 --> 00:57:54.980
work on it. And I think especially with small home miners, there will be a non zero amount of people who will buy it because it's open source and they
962
00:57:55.540 --> 00:58:09.335
want to hack on it. They want to play with it. They want to learn from it. But even if you're not going to hack on it, I think it's worth emphasizing that, okay, what does this little device do that they made? It's an air purifier and then it uses some negligible
963
00:58:09.335 --> 00:58:13.255
amount of electricity flowing through it to mine Bitcoin solo mining.
964
00:58:13.895 --> 00:58:14.455
It
965
00:58:15.575 --> 00:58:16.615
is providing
966
00:58:17.335 --> 00:58:18.535
work to the network.
967
00:58:19.050 --> 00:58:23.050
If someone were to solo mind a block with their BitAir, the fact that the firmware
968
00:58:23.050 --> 00:58:26.650
will be released soon and then the device is open source, it allows
969
00:58:26.810 --> 00:58:27.850
the individual
970
00:58:28.170 --> 00:58:31.370
when something is big on the line as like a solo mind block
971
00:58:31.825 --> 00:58:39.345
to go inspect, validate, verify that there is no funny business going on. And so that's where it's like, yeah, it's just a little tiny,
972
00:58:39.425 --> 00:58:44.225
whatever 50 watt air purifier. But the second you're playing around with the neutral
973
00:58:44.705 --> 00:58:48.020
peer to peer electronic cash monetary protocol, that
974
00:58:48.180 --> 00:58:54.100
the status quo should be open source for that part of it. Right. I think that was an important distinction is like,
975
00:58:54.500 --> 00:58:57.700
I have less interest in the way the air purifier
976
00:58:57.859 --> 00:59:04.695
hardware works being open source. But the second you're fucking around with the global monetary system that we all believe in, open source.
977
00:59:05.655 --> 00:59:07.975
Yeah. It really... It is it is
978
00:59:08.694 --> 00:59:09.815
intrinsic
979
00:59:11.255 --> 00:59:15.015
to Bitcoin that it'd be open source. Right? Because this... We are
980
00:59:15.540 --> 00:59:16.660
breaking down
981
00:59:16.900 --> 00:59:18.420
the the legacy
982
00:59:18.740 --> 00:59:19.620
financial
983
00:59:20.100 --> 00:59:21.780
money, right, which is
984
00:59:22.020 --> 00:59:23.380
designed to,
985
00:59:24.580 --> 00:59:30.805
not sort of enable your your self sovereignty, to not allow you to be in charge of how it works. Bitcoin
986
00:59:31.925 --> 00:59:34.325
smashes all that and that it
987
00:59:34.565 --> 00:59:45.630
does that in a number of ways. But one of the big ones is open source. Right? You can really own it. You can understand how it works, and you can make sure that it's working for you. And so
988
00:59:45.870 --> 00:59:48.110
that's why I think open source is
989
00:59:49.870 --> 00:59:51.230
just nonnegotiable,
990
00:59:51.390 --> 00:59:53.470
in my opinion, in in Bitcoin.
991
00:59:54.190 --> 00:59:55.550
And
992
00:59:55.224 --> 00:59:56.345
worth reiterating,
993
00:59:56.345 --> 00:59:57.945
I think that hopefully,
994
00:59:57.945 --> 01:00:01.785
I'm sure the fact that they were able to derive this
995
01:00:02.025 --> 01:00:18.560
design from an open source project saved them so much freaking time. I hope I mean, this is what we... This is how kind of been the thesis is. Right. The references are out there. You don't have to go reinvent the wheel. It becomes that much easier to go build your product, your company, your services
996
01:00:18.640 --> 01:00:20.320
around those devices.
997
01:00:20.400 --> 01:00:20.800
And
998
01:00:21.280 --> 01:00:24.480
I think we're going to see a bunch more unique use cases.
999
01:00:25.085 --> 01:00:26.605
It's pretty cool.
1000
01:00:27.404 --> 01:00:28.285
Yeah. I mean,
1001
01:00:30.845 --> 01:00:31.724
BitAir
1002
01:00:31.805 --> 01:00:37.005
uses the BitX Gamma design and it uses that voltage regulator that's in there. And there have been
1003
01:00:37.510 --> 01:00:45.670
you know, a thousand hours of engineering time that has gone into making that voltage regulator work really well. Like, it's a complicated one.
1004
01:00:45.990 --> 01:00:48.070
ASICs have very specific
1005
01:00:48.870 --> 01:00:51.030
power demands that are not
1006
01:00:52.085 --> 01:00:53.445
necessarily standard,
1007
01:00:53.605 --> 01:00:54.484
and all
1008
01:00:54.484 --> 01:00:56.085
that work has been done for you.
1009
01:00:56.645 --> 01:01:02.565
So you can use it, and just the the deal here is that you open source your changes.
1010
01:01:03.684 --> 01:01:05.605
Did Heap Bit contribute any
1011
01:01:07.100 --> 01:01:09.100
pull requests or modifications
1012
01:01:09.100 --> 01:01:12.780
back to the code or the hardware designs?
1013
01:01:15.180 --> 01:01:16.700
They haven't yet.
1014
01:01:17.020 --> 01:01:18.060
That's not required.
1015
01:01:19.265 --> 01:01:20.145
Right,
1016
01:01:20.145 --> 01:01:23.985
yeah, I wasn't suggesting it was required. I was just curious if they maybe
1017
01:01:24.305 --> 01:01:26.785
found something while they were developing and
1018
01:01:27.265 --> 01:01:28.305
wanted to Yeah,
1019
01:01:29.025 --> 01:01:30.225
haven't and
1020
01:01:31.265 --> 01:01:39.140
I don't know if... I haven't looked into it enough yet to know if they made any improvements on it, but publishing the source
1021
01:01:39.300 --> 01:01:40.020
is
1022
01:01:40.820 --> 01:01:43.700
what's required, and that's fine too. Right? It's Well,
1023
01:01:44.740 --> 01:01:49.275
if they made it somehow better to that voltage regulator analogy,
1024
01:01:50.155 --> 01:02:02.180
Yeah. You and other people put in the thousand hours to get it to where it was, heap it, took it as a starting point, might have polished it a little bit better. They then released that and then that's how you just get this stable rock solid
1025
01:02:02.900 --> 01:02:04.420
AI hardened
1026
01:02:05.220 --> 01:02:07.060
snowball effect. Yeah, really.
1027
01:02:08.339 --> 01:02:10.980
Yeah. Yeah. Actually, do want to go and look at it and see because
1028
01:02:11.460 --> 01:02:14.339
see how they're doing the power delivery to it. And
1029
01:02:15.085 --> 01:02:19.885
if anything has been added there. The cool thing is that they published the source so you can go and look at it.
1030
01:02:20.685 --> 01:02:22.525
And I am sure it would be a lot easier
1031
01:02:22.605 --> 01:02:23.325
if
1032
01:02:23.885 --> 01:02:25.965
they didn't have to desolder chips but
1033
01:02:26.940 --> 01:02:28.060
that's the longer
1034
01:02:28.380 --> 01:02:33.100
goal. That's the longer goal. That's right. That's right. I think we'll get there, but,
1035
01:02:33.500 --> 01:02:34.460
yeah, right now,
1036
01:02:35.420 --> 01:02:36.140
that's
1037
01:02:36.380 --> 01:02:39.500
I'm sure a big headache for their production
1038
01:02:39.500 --> 01:02:42.619
line, right, is that you can't buy those BM 13 seventies
1039
01:02:43.125 --> 01:02:46.325
new. Or you can, but it's through sort of sketchy
1040
01:02:46.325 --> 01:02:47.685
third party means.
1041
01:02:48.565 --> 01:02:49.045
They
1042
01:02:49.365 --> 01:02:50.405
producing
1043
01:02:52.645 --> 01:02:55.685
this commercial product with
resoldered chips?
1044
01:02:55.925 --> 01:02:57.845
Like they're harvesting the chips to make this thing?
1045
01:02:58.910 --> 01:03:01.870
I don't know for sure. I've had a couple of conversations
1046
01:03:02.270 --> 01:03:03.630
in that realm,
1047
01:03:04.030 --> 01:03:04.830
so I
1048
01:03:05.070 --> 01:03:07.470
think so, but I don't know for Wow.
1049
01:03:08.350 --> 01:03:11.965
Wild. Man, we need an ASIC manufacturer
1050
01:03:11.965 --> 01:03:14.685
like anti miner to just
1051
01:03:17.405 --> 01:03:18.445
sell chips
1052
01:03:18.605 --> 01:03:19.085
a I la
1053
01:03:19.645 --> 01:03:20.525
was at
1054
01:03:21.085 --> 01:03:22.605
a happy hour last week
1055
01:03:23.440 --> 01:03:44.025
and I was talking to this guy that I met who does PCB design for one of the defense companies out here in Colorado. There's a lot of aerospace companies and I alluded to what we do and the reverse engineering that Scott has to do to talk to chips, no data sheets, no reference designs. He was like, this is the most insane thing I've ever heard. How is this a real industry?
1056
01:03:44.505 --> 01:03:46.025
That's
1057
01:03:46.025 --> 01:03:49.625
awesome. And I was like, wait till you hear how high up in the
1058
01:03:50.120 --> 01:03:56.360
order quantity they are at Samsung or TSMC too. It's not like a niche small thing. That's the weird part to me.
1059
01:03:56.920 --> 01:03:59.800
These are giant companies with huge orders.
1060
01:04:00.280 --> 01:04:02.280
Yeah, that rival Apple
1061
01:04:02.280 --> 01:04:03.080
silicon
1062
01:04:03.080 --> 01:04:07.875
production space at these shift boundaries, right? Yes, and then they just
1063
01:04:08.355 --> 01:04:11.875
totally behave like not the rest of the industry. Yeah.
1064
01:04:13.235 --> 01:04:14.195
It's
1065
01:04:14.195 --> 01:04:17.555
so weird. It is weird. It is weird. But
1066
01:04:18.920 --> 01:04:23.000
this is what we are going to fix, right? Because we have this tough problem.
1067
01:04:23.480 --> 01:04:24.359
I'm sure
1068
01:04:24.680 --> 01:04:27.400
if you rolled into Bitmain and you were like,
1069
01:04:28.039 --> 01:04:35.095
I want to order a billion dollars worth of your ASICs, and I want them brand new. I want the data sheet. They'd be like, alright.
1070
01:04:35.494 --> 01:04:38.455
But no one's gonna order a billion dollars worth of chips
1071
01:04:39.335 --> 01:04:40.135
without,
1072
01:04:40.135 --> 01:04:40.775
like,
1073
01:04:41.095 --> 01:04:42.855
having this this business,
1074
01:04:44.160 --> 01:04:46.160
you know, proven out.
1075
01:04:46.880 --> 01:04:52.400
I feel like they'd still, like, just shit the bed on the data sheet part of it.
1076
01:04:53.119 --> 01:04:57.440
Yeah. Probably. They probably have a terrible data sheet if they even have one at all. But,
1077
01:04:58.644 --> 01:05:18.980
you know, money talks, so I'm sure you could make it work, but no one's gonna have a billion dollars to do this until this market segment
is totally proven out. Right? And so that's where we come in. That's where two fifty six comes in. Right? It's just like the tools and it's the the resources you get to start these businesses, to start small, to prove this out, to grow, to be bigger, and then,
1078
01:05:19.300 --> 01:05:20.020
you know,
1079
01:05:20.580 --> 01:05:23.220
hopefully by then there'll be manufacturers
1080
01:05:23.220 --> 01:05:25.335
who will do, a
1081
01:05:25.335 --> 01:05:27.095
million dollar order or whatever.
1082
01:05:27.815 --> 01:05:29.335
It's exciting. Yeah.
1083
01:05:29.975 --> 01:05:32.455
What's up with this Learjet that crashed?
1084
01:05:33.015 --> 01:05:33.575
Man,
1085
01:05:33.975 --> 01:05:46.030
that's crazy. Did you guys listen to the audio in the last few Yes, I wish I didn't, but yes. I did too. I got the pro tip not to, did not do it. Yeah, it's pretty sad. Very.
1086
01:05:46.590 --> 01:05:47.630
That's brutal.
1087
01:05:48.030 --> 01:05:52.350
Yeah, I'm wondering like do we have any idea like what went wrong that
1088
01:05:52.590 --> 01:05:54.670
caused this plane to start nose diving?
1089
01:05:55.695 --> 01:05:58.095
I think it lost its vertical stabilizer.
1090
01:05:58.815 --> 01:06:05.855
So it just became a lawn dart. That so that's the part like on the tail. It was a T wing. So it lost
1091
01:06:06.015 --> 01:06:07.775
this part of the T. Yeah.
1092
01:06:08.015 --> 01:06:08.575
Which
1093
01:06:08.850 --> 01:06:10.290
elevation control.
1094
01:06:11.170 --> 01:06:15.410
And it just turned the plane into a long dart. How do they lose that stabilizer?
1095
01:06:15.410 --> 01:06:16.370
I don't know.
1096
01:06:16.690 --> 01:06:19.970
I saw something about that particular jet had
1097
01:06:20.865 --> 01:06:23.425
an issue with that stabilizer.
1098
01:06:23.425 --> 01:06:25.345
I think I saw that too, like in
1099
01:06:25.985 --> 01:06:27.665
certain turbulence and stressful
1100
01:06:28.625 --> 01:06:29.505
conditions.
1101
01:06:30.945 --> 01:06:34.145
So it's not looking like this airplane was hacked in midair?
1102
01:06:34.590 --> 01:06:40.110
No. I I saw some speculation that there was some updraft kind of thing that they went through.
1103
01:06:40.510 --> 01:06:42.430
I guess the pilot was pretty young.
1104
01:06:42.670 --> 01:06:45.310
It was awfully close to Mar A Lago.
1105
01:06:45.710 --> 01:06:47.550
Really? Yeah, it was like
1106
01:06:48.185 --> 01:06:50.025
six minutes away. Wow.
1107
01:06:50.425 --> 01:06:51.145
I
1108
01:06:51.305 --> 01:06:51.945
wonder,
1109
01:06:52.185 --> 01:06:54.105
just wonder what's going on here.
1110
01:06:55.305 --> 01:06:57.225
Well, my first thought was,
1111
01:06:58.185 --> 01:07:00.905
which Epstein key witness just got silenced?
1112
01:07:02.160 --> 01:07:06.560
We still don't know who was on them. Apparently little jets are pretty dangerous.
1113
01:07:07.119 --> 01:07:11.280
Yeah. I've never been on one. I don't really have interest nor helicopters.
1114
01:07:11.920 --> 01:07:14.400
I mean, I've been on some small planes, but they were like,
1115
01:07:15.405 --> 01:07:21.325
I don't think they were jets, right? Like what did we take in Kenya out to the... I think that was a turboprop.
1116
01:07:21.805 --> 01:07:25.165
It's like a little bit of jet, little bit of prop. Yeah, best
1117
01:07:25.405 --> 01:07:27.005
of both worlds. No turbo?
1118
01:07:28.460 --> 01:07:31.580
I guess it probably has a turbo in it somewhere. Know
1119
01:07:31.900 --> 01:07:34.140
how it works, but it definitely had propellers.
1120
01:07:34.220 --> 01:07:35.500
Two. Well,
1121
01:07:35.660 --> 01:07:37.260
that one had just one, but
1122
01:07:37.819 --> 01:07:41.420
yeah. I've been in some Cessnas with like a single propeller in the front.
1123
01:07:42.895 --> 01:07:43.535
Dang.
1124
01:07:44.015 --> 01:07:46.335
You haven't done that? No. I've been
1125
01:07:46.895 --> 01:07:47.935
skydiving,
1126
01:07:48.015 --> 01:07:53.295
that was in a very small plane, and then the plane was perfectly fine and I jumped out of it anyways.
1127
01:07:57.240 --> 01:07:59.880
What do you guys think is gonna be
1128
01:08:00.440 --> 01:08:03.960
exploited by Pod two fifty six episode 132?
1129
01:08:04.600 --> 01:08:07.640
Man, alright my prediction for this week is that
1130
01:08:08.360 --> 01:08:12.265
we see a hydro dam get attacked.
1131
01:08:12.745 --> 01:08:13.785
It
1132
01:08:14.105 --> 01:08:16.585
does seem like they're going after lower value targets
1133
01:08:16.985 --> 01:08:17.945
more and more.
1134
01:08:18.425 --> 01:08:22.745
See, because the canary in the coal mine is the cryptocurrency stuff, right? Because
1135
01:08:23.800 --> 01:08:25.400
it's final settlement,
1136
01:08:26.520 --> 01:08:28.199
they're bearer assets,
1137
01:08:28.840 --> 01:08:32.280
most of them can't get frozen except when
1138
01:08:32.360 --> 01:08:33.880
you're talking about stable coins.
1139
01:08:35.895 --> 01:08:38.054
So yeah, I mean it's pretty instantaneous
1140
01:08:38.935 --> 01:08:42.215
return on your exploit if you can pull it off.
1141
01:08:43.095 --> 01:08:46.695
Whereas like some of this other stuff, like with the grocery store for example,
1142
01:08:49.190 --> 01:08:52.310
I think it'd be a hard case to make to suggest that
1143
01:08:52.790 --> 01:08:57.350
someone was just really mad at the grocery stores and targeted
1144
01:08:57.750 --> 01:08:58.390
them
1145
01:08:58.550 --> 01:08:58.790
for
1146
01:08:59.955 --> 01:09:03.554
something specific. I think it was more like an opportunistic
1147
01:09:04.115 --> 01:09:06.035
exploit that was found,
1148
01:09:06.835 --> 01:09:08.195
or an opportunistic
1149
01:09:08.195 --> 01:09:09.315
vulnerability,
1150
01:09:09.875 --> 01:09:13.475
and then they just decided to see how far they could go with it, right.
1151
01:09:14.100 --> 01:09:19.139
So I think what we see going forward is a lot of these
1152
01:09:19.699 --> 01:09:20.979
opportunistic
1153
01:09:21.619 --> 01:09:25.060
exploits popping up where it's like not necessarily
1154
01:09:25.060 --> 01:09:25.780
a
1155
01:09:26.020 --> 01:09:28.340
targeted attack with like
1156
01:09:28.885 --> 01:09:30.085
a predetermined
1157
01:09:30.085 --> 01:09:40.965
outcome or a desired outcome, but just more like people fucking around with stuff and finding things that have weaknesses and then just trying to break things.
1158
01:09:42.650 --> 01:09:50.170
Putting into the defrost cycle is particularly mischievous, right? It wasn't just like, let's kill the fridges. It was like, let's ruin
1159
01:09:50.250 --> 01:09:52.730
their contents as quick as possible.
1160
01:09:53.530 --> 01:09:54.250
Let's
1161
01:09:54.650 --> 01:09:56.650
do the opposite of keeping the food cold.
1162
01:09:57.405 --> 01:09:58.124
Yeah,
1163
01:09:58.364 --> 01:10:00.044
yeah, that's pretty gnarly.
1164
01:10:01.085 --> 01:10:02.764
Yeah, I think something
1165
01:10:03.165 --> 01:10:04.524
that will put load
1166
01:10:04.684 --> 01:10:06.044
or add load
1167
01:10:06.445 --> 01:10:07.564
to the grid.
1168
01:10:08.605 --> 01:10:09.965
So it would cause a brownout?
1169
01:10:10.510 --> 01:10:12.590
Like, I I think back to
1170
01:10:13.070 --> 01:10:15.070
Schnitzel telling me that in Switzerland,
1171
01:10:15.310 --> 01:10:20.830
this is when he was telling me about the the the solar setup there. They all have, like,
1172
01:10:21.390 --> 01:10:24.989
basically one solar inverter company manages the whole country.
1173
01:10:25.310 --> 01:10:25.950
Goddamn.
1174
01:10:27.275 --> 01:10:40.074
So what could possibly go wrong? Yeah. Right. Yeah. There's all kinds of things. If you could just command all these, like, grid connected inverters, right? You could put them all into a bad state, and
1175
01:10:41.070 --> 01:10:45.310
that would have a pretty disastrous effect on the grid, I think. Mhmm.
1176
01:10:45.630 --> 01:10:47.790
And probably a bunch of upstream
1177
01:10:49.870 --> 01:10:50.830
dependencies.
1178
01:10:51.310 --> 01:10:55.710
Do you know what? Alright. So here's my prediction. Maybe not next, but coming soon.
1179
01:10:56.425 --> 01:10:57.224
The next
1180
01:10:57.625 --> 01:11:00.505
scary as fuck hack is going to be cars.
1181
01:11:00.985 --> 01:11:01.784
Cars?
1182
01:11:02.105 --> 01:11:10.824
Cars, man. We got Internet cars everywhere, and some of them are old. Right? Some of them are... Even the gas ones, they're all, like, remote software update now. Yeah. Oh, yeah.
1183
01:11:11.680 --> 01:11:14.000
Supposedly cars since like the 2010s
1184
01:11:14.000 --> 01:11:15.440
just basically had
1185
01:11:16.080 --> 01:11:19.280
persistent cellular connections, right? So you think that's
1186
01:11:19.600 --> 01:11:20.320
like
1187
01:11:20.960 --> 01:11:21.760
fifteen
1188
01:11:22.320 --> 01:11:23.520
years or so.
1189
01:11:24.000 --> 01:11:25.520
Wow. And
1190
01:11:26.325 --> 01:11:28.325
Who's how secure
are
1191
01:11:28.325 --> 01:11:30.405
paying the data subscription fees?
1192
01:11:31.364 --> 01:11:38.645
The car companies that are harvesting all your personal data via the... Yeah, the OnStar button that's listening to you. They just prepay?
1193
01:11:41.020 --> 01:11:43.900
Mean, they don't do their Wi Fi networks. They're not high Yeah, data
1194
01:11:44.860 --> 01:11:47.900
but any data that's getting sent from the car.
1195
01:11:48.540 --> 01:11:53.740
I think probably ten years ago, I was in a friend's car that he had just got and he was like, Look, I got this app
1196
01:11:55.205 --> 01:12:06.485
that controls the car. And we were like on a road trip and we opened the app and it was like all these buttons of things you can do. And we're like, oh, roll down the windows and like honk the horn and like all kinds of stuff like while we were driving.
1197
01:12:08.020 --> 01:12:11.300
So all that's going from the cell phone to some server,
1198
01:12:11.940 --> 01:12:18.420
and then the server's communicating back to the vehicle Yeah. And causing the window to roll down. Yes.
1199
01:12:18.980 --> 01:12:19.460
Yeah. Mean,
1200
01:12:20.500 --> 01:12:21.460
there... There's gonna be...
1201
01:12:22.675 --> 01:12:36.355
Our only hope there is that there's so many different car makers that it's not like a totally, like, apocalyptic event because you can't target all cars at once. But Well, it's worse than window switches now because now they're like steer by wire, brake by wire,
1202
01:12:37.630 --> 01:12:43.389
throttle by wire has been the standard for a while. I don't think we'll see it by next week,
1203
01:12:43.710 --> 01:12:44.190
but
1204
01:12:45.390 --> 01:12:47.870
there's
1205
01:12:47.870 --> 01:12:49.150
gonna be
1206
01:12:49.935 --> 01:12:52.415
a mega mining company
1207
01:12:52.575 --> 01:12:54.975
where something just goes haywire.
1208
01:12:55.455 --> 01:13:00.175
To your point about it being connected to maybe they're scheduled for a
1209
01:13:00.575 --> 01:13:02.255
curtailment and
1210
01:13:02.830 --> 01:13:06.590
things are not shutting off when they're telling them to shut off or like
1211
01:13:07.469 --> 01:13:10.190
the hash rate gets pointed somewhere else
1212
01:13:11.230 --> 01:13:12.110
or
1213
01:13:12.670 --> 01:13:16.429
That's the thing about the large miners. It switches to Bcash.
1214
01:13:17.165 --> 01:13:18.125
They have
1215
01:13:18.364 --> 01:13:19.165
one,
1216
01:13:19.325 --> 01:13:24.045
many of them are publicly traded companies with a fiduciary responsibility,
1217
01:13:24.045 --> 01:13:25.244
but also they have,
1218
01:13:25.565 --> 01:13:30.285
they are upstream and close to the power generation source
1219
01:13:30.760 --> 01:13:36.360
At at large scale. And that's the part where it's like, how is the status quo?
1220
01:13:36.920 --> 01:13:37.880
Just seem like sitting
1221
01:13:38.520 --> 01:13:41.960
ducks. Like they're like, someone's gotta be looking at that. Like,
1222
01:13:43.175 --> 01:13:47.255
Let's figure out what we can fuck with in here. Is Forman open No,
1223
01:13:48.935 --> 01:13:50.614
I don't think so. And is
1224
01:13:50.935 --> 01:13:52.935
that on prem or is it cloud service?
1225
01:13:54.570 --> 01:14:05.130
I imagine it's a cloud service. Yeah. Think it's a cloud service, but my guess. I don't know. But don't worry. They have SOC two compliance. Nothing can go wrong. It's perfect. That seems like a honeypot.
1226
01:14:05.369 --> 01:14:06.730
SOC two compliance is a joke.
1227
01:14:07.715 --> 01:14:08.355
Yeah.
1228
01:14:09.555 --> 01:14:12.675
Yeah. I wonder how much hash rate these monitoring
1229
01:14:12.675 --> 01:14:13.554
softwares...
1230
01:14:13.715 --> 01:14:15.074
Well, and then Luxor,
1231
01:14:15.875 --> 01:14:18.275
like two weeks ago, three weeks ago, they added
1232
01:14:19.230 --> 01:14:22.270
account creation What's for the Luxor
1233
01:14:22.270 --> 01:14:23.470
up with that dude?
1234
01:14:24.190 --> 01:14:27.230
Like you have to have an account to run their firmware?
1235
01:14:27.870 --> 01:14:32.430
They claimed it wasn't for all users. I don't know if that how they're distincting between
1236
01:14:32.645 --> 01:14:38.485
I have a site and I'm just tinkering with LuxOS on my Slim 19
1237
01:14:38.565 --> 01:14:40.885
that's converted to run off 110.
1238
01:14:41.685 --> 01:14:44.085
Are they going to implement age verification now?
1239
01:14:45.440 --> 01:14:51.520
I mean, I think that the... We didn't even mention that fun hack that totally destroyed SSL
1240
01:14:51.520 --> 01:14:53.680
and encrypted communications over the Internet.
1241
01:14:54.560 --> 01:14:55.280
The
1242
01:14:55.840 --> 01:14:56.800
EMUDRA
1243
01:14:56.800 --> 01:14:57.440
certificate?
1244
01:14:57.695 --> 01:14:58.575
EMudra,
1245
01:14:58.575 --> 01:15:04.735
right? I didn't try it, but I'm pretty convinced that that would allow you to use third party firmware
1246
01:15:04.815 --> 01:15:06.335
and not pay the dev fee.
1247
01:15:06.815 --> 01:15:08.095
Oh, interesting.
1248
01:15:09.375 --> 01:15:21.400
This is kind of fun to be a part of alive during this time. Mean it's kind of stressful, but because we're aware of it, ignorance is bliss, think the average person is like, what? My Wells Fargo account works. Right.
1249
01:15:21.800 --> 01:15:25.400
Yeah, we have a front seat to the end of the world. It's like get out the popcorn.
1250
01:15:26.125 --> 01:15:29.485
I wonder what LinkedIn is like right now, because my
1251
01:15:29.485 --> 01:15:34.045
Twitter feed is just like, Oh, another vulnerability, another vulnerability. But I'm sure LinkedIn is like,
1252
01:15:34.845 --> 01:15:38.525
Here's what KimmyK3 taught me about B2B SaaS sales.
1253
01:15:39.565 --> 01:15:41.565
Yeah, not my thing, but
1254
01:15:42.780 --> 01:15:46.300
best of luck to the rest of you out there. Well, I think
1255
01:15:46.940 --> 01:15:48.860
the next Kimi is
1256
01:15:49.420 --> 01:15:52.380
supposed to release their open weights in
1257
01:15:52.380 --> 01:15:55.420
early November, so that's coming right up. That's going to...
1258
01:15:56.395 --> 01:15:58.635
Because Nice. When they release the open weights, then the
1259
01:15:59.114 --> 01:16:02.954
obliterated models can be made, so that's going to open up a new wave of attacks.
1260
01:16:03.275 --> 01:16:04.394
Yes, more And
1261
01:16:05.114 --> 01:16:07.914
aren't the midterm elections tomorrow?
1262
01:16:07.915 --> 01:16:08.235
Yep.
1263
01:16:09.000 --> 01:16:11.080
There's got to be some voting
1264
01:16:11.080 --> 01:16:12.280
machine hacks
1265
01:16:12.520 --> 01:16:19.800
coming up in the next twenty four hours then. I wonder how many vendors there are for those. I think it's one. Dick Cheney's company DieBold.
1266
01:16:20.440 --> 01:16:23.320
And you don't even need AI to hack that, right? Those are notorious.
1267
01:16:23.925 --> 01:16:28.324
Yeah. They probably have a super, super talented software team. Yeah.
1268
01:16:28.565 --> 01:16:32.885
Right? I think it's an Israeli foreign ministry company.
1269
01:16:34.565 --> 01:16:35.365
We shall see.
1270
01:16:36.100 --> 01:16:38.340
We shall see. I'm going on a
1271
01:16:38.980 --> 01:16:43.700
Bitcoin Magazine TV tomorrow to talk about $2.56. Oh really? Really? Congrats.
1272
01:16:43.700 --> 01:16:44.820
Yeah. Alright.
1273
01:16:45.780 --> 01:16:50.580
How do you tune in? I didn't know Bitcoin Magazine had a TV channel.
1274
01:16:50.660 --> 01:17:01.525
Yeah, it's pretty recent, end of the summer I want to say. They have a whole studio in Nashville where they've done some in person interviews. It kind of just looks like a newsroom. I've
1275
01:17:01.525 --> 01:17:03.525
been to their office out there in Nashville, it's nice.
1276
01:17:04.570 --> 01:17:09.610
So are you going to Nashville? No, just calling in but we're talking about they
1277
01:17:10.090 --> 01:17:10.730
asked,
1278
01:17:11.370 --> 01:17:14.890
what do you think is going on in mining? And we mentioned it earlier, I
1279
01:17:16.025 --> 01:17:28.265
think I'm just going to talk about how I think the whole industry is dying and burning down and being rebuilt and it will come out stronger and better. The Phoenix that rises from that. Not to say that we're trying to kill it, we're trying to make it better,
1280
01:17:31.305 --> 01:17:32.710
but it ain't going to be painless.
1281
01:17:33.030 --> 01:17:34.630
People should be able to
1282
01:17:35.190 --> 01:17:35.989
verify,
1283
01:17:36.310 --> 01:17:37.190
inspect,
1284
01:17:37.429 --> 01:17:38.309
modify
1285
01:17:39.030 --> 01:17:42.789
their Bitcoin mining hardware and software freely,
1286
01:17:44.265 --> 01:17:46.344
just and like the rest of the ecosystem
1287
01:17:46.824 --> 01:17:50.505
and right now they cannot do that for the most part.
1288
01:17:50.905 --> 01:17:51.545
Yeah,
1289
01:17:51.784 --> 01:17:52.905
yeah exactly.
1290
01:17:53.864 --> 01:17:55.545
Yeah we had two
1291
01:17:55.864 --> 01:17:58.425
relatively big difficulty adjustments upwards,
1292
01:17:59.030 --> 01:18:00.949
right? The last one was
1293
01:18:01.350 --> 01:18:02.390
5.5%
1294
01:18:02.390 --> 01:18:05.510
and the one before that was 5.9%.
1295
01:18:07.510 --> 01:18:11.670
The next one is looking like it's going to be a downward adjustment of 2.8%.
1296
01:18:12.535 --> 01:18:15.655
You think that's just colder weather
1297
01:18:16.615 --> 01:18:21.175
bringing hash rate up? Or do you think people are getting more efficient machines?
1298
01:18:21.415 --> 01:18:25.335
I don't think more companies are deciding, oh my gosh, Bitcoin mining is profitable.
1299
01:18:26.350 --> 01:18:28.750
I mean, there was a massive drop in...
1300
01:18:29.070 --> 01:18:31.230
This looks like it was back in February.
1301
01:18:32.510 --> 01:18:36.030
Yeah, but here since October, it's been up. Yeah,
1302
01:18:36.430 --> 01:18:37.550
there's your October.
1303
01:18:38.925 --> 01:18:57.990
October, so yeah, people are plugging machines. You're probably right. It's probably the weather is it starts to get cool. I know I I plugged in like three bit axes here, so yeah, it's probably mostly me. Is it nice and toasty in there now? Yeah, it's actually toasty because it hasn't cooled off enough to really warrant the number of miners that I plugged in.
1304
01:18:58.390 --> 01:18:59.030
Yeah,
1305
01:18:59.270 --> 01:19:03.110
we've certainly turned ours on from the cool weather. I think that's a big part of it.
1306
01:19:04.725 --> 01:19:08.644
Because those s 23 air cooled still don't exist, right? No one has those?
1307
01:19:09.045 --> 01:19:13.284
No, I don't think that those have shipped yet, just the s 23 hydros.
1308
01:19:13.764 --> 01:19:15.925
And I don't think that many sites run hydros.
1309
01:19:16.500 --> 01:19:22.099
I don't know. I don't know. But, I mean, I think what this is kinda showing is we haven't seen
1310
01:19:23.300 --> 01:19:32.465
all of the large miners that are pivoting to AI. They have not been unplugging their miners in mass. Right? I think we would see a much more significant drop.
1311
01:19:32.785 --> 01:19:36.704
It's kinda seems to me, like, my hand wavy analysis here is that they
1312
01:19:37.265 --> 01:19:37.824
are
1313
01:19:38.225 --> 01:19:39.025
pivoting
1314
01:19:39.265 --> 01:19:42.305
to AI, but not necessarily out of Bitcoin mining.
1315
01:19:42.900 --> 01:19:43.699
Probably
1316
01:19:44.260 --> 01:19:47.780
because it's... You can raise a lot of money if you're getting into AI.
1317
01:19:49.140 --> 01:19:54.179
I think a lot of them sold a bunch of their Bitcoin. BitDeer is down to zero Bitcoin. They sold it all.
1318
01:19:55.395 --> 01:19:57.155
Didn't the country of,
1319
01:19:57.395 --> 01:19:58.675
was it Bhutan,
1320
01:19:58.675 --> 01:20:00.034
just sell like
1321
01:20:00.595 --> 01:20:01.235
the
1322
01:20:01.875 --> 01:20:03.395
majority of their Bitcoin?
1323
01:20:03.715 --> 01:20:05.795
I still think hash rate's gonna go down.
1324
01:20:06.195 --> 01:20:06.995
I think no one,
1325
01:20:08.010 --> 01:20:08.809
I think
1326
01:20:09.369 --> 01:20:11.369
the sites that will survive
1327
01:20:12.010 --> 01:20:14.090
won't want 20 kilowatt,
1328
01:20:14.090 --> 01:20:15.050
dollars 30,000,
1329
01:20:15.530 --> 01:20:17.849
four eighty volt hydro miners.
1330
01:20:19.050 --> 01:20:20.489
Yeah, that just doesn't,
1331
01:20:22.265 --> 01:20:23.225
Yeah, don't.
1332
01:20:23.545 --> 01:20:26.025
It doesn't really seem like a good product.
1333
01:20:26.425 --> 01:20:34.265
I mean, it's as far as a miner goes, it's significantly better. It's like way quieter and yeah,
1334
01:20:34.505 --> 01:20:35.625
they're over a petahash.
1335
01:20:36.139 --> 01:20:39.899
Mean, it's a much better miner and I think it just sort of
1336
01:20:40.300 --> 01:20:41.099
industrial
1337
01:20:41.820 --> 01:20:43.579
wise, it's significantly better.
1338
01:20:44.300 --> 01:20:46.619
I think if you have the capital for that,
1339
01:20:46.940 --> 01:20:48.300
you're just going to switch to AI.
1340
01:20:49.195 --> 01:20:51.835
Right, because you're going to get more bang for your buck, right?
1341
01:20:53.115 --> 01:20:55.115
They were saying at TENS that
1342
01:20:55.995 --> 01:20:56.795
if
1343
01:20:56.795 --> 01:20:59.515
Bitcoin mining pays like $6 a megawatt hour,
1344
01:21:00.795 --> 01:21:03.275
HPC is like $60 a megawatt.
1345
01:21:03.515 --> 01:21:04.980
Right. It's like 10 times more.
1346
01:21:05.860 --> 01:21:08.500
I'm sure the electric bill is different but...
1347
01:21:09.300 --> 01:21:12.500
Maybe not $24.07 like Bitcoin. Right? You gotta
1348
01:21:13.780 --> 01:21:16.020
gotta find a buyer for your AI compute.
1349
01:21:16.645 --> 01:21:19.125
Should I shout out some hashers?
1350
01:21:19.445 --> 01:21:20.085
Yeah.
1351
01:21:20.485 --> 01:21:22.805
Let's see. 827
1352
01:21:22.805 --> 01:21:23.925
terahash.
1353
01:21:24.485 --> 01:21:31.365
We did have over a petahash for a while today courtesy of click here in case of mine block. He gave us a hash pump.
1354
01:21:31.860 --> 01:21:32.580
Yeah.
1355
01:21:33.540 --> 01:21:38.100
Let's go shout out to click here in case of mind block mad props.
1356
01:21:38.500 --> 01:21:39.860
We've got read
1357
01:21:40.260 --> 01:21:44.260
fact seven seventy seven longtime supporters as well as Zarka
1358
01:21:44.885 --> 01:21:46.645
Canadian Hash and Coin.
1359
01:21:47.045 --> 01:21:49.845
That logger going Yeah, I do have a couple machines on now.
1360
01:21:50.165 --> 01:21:51.445
Yeah, I turned on a few.
1361
01:21:51.925 --> 01:21:53.365
Bitcoin Park,
1362
01:21:54.245 --> 01:21:55.045
Eco,
1363
01:21:55.685 --> 01:21:57.205
hardestblocks.org,
1364
01:21:57.205 --> 01:21:57.845
Agent P,
1365
01:21:58.969 --> 01:21:59.929
Pizzandy,
1366
01:22:00.250 --> 01:22:01.050
myself,
1367
01:22:01.929 --> 01:22:02.730
Dylan,
1368
01:22:02.810 --> 01:22:05.690
D plus plus Satoki, P. Botweiler,
1369
01:22:05.690 --> 01:22:07.050
Clear, Nuclear,
1370
01:22:07.130 --> 01:22:08.329
and Schnitzel.
1371
01:22:08.650 --> 01:22:10.250
The difficulty leaderboard.
1372
01:22:10.250 --> 01:22:13.210
I noticed there is a change on the difficulty leaderboard.
1373
01:22:14.405 --> 01:22:16.725
It's not loading for me. Did we reset it?
1374
01:22:17.925 --> 01:22:22.005
Because now Zarka is in first place with
1375
01:22:22.245 --> 01:22:26.165
only 165,000,000,000
1376
01:22:26.405 --> 01:22:33.920
difficulty. No trillion, yeah maybe that got reset to SD because previously it was electron with like 5,600,000,000,000
1377
01:22:33.920 --> 01:22:34.719
or something.
1378
01:22:35.840 --> 01:22:41.280
Shout out to the legendary D plus plus the difficulty checkerboard doesn't seem to be working. Well, ask her
1379
01:22:41.775 --> 01:22:42.894
And, yeah,
1380
01:22:43.775 --> 01:22:46.414
we're gonna be running telehash number five.
1381
01:22:46.895 --> 01:22:50.974
I got my save the date this morning from the Bitcoin Park team.
1382
01:22:51.695 --> 01:22:52.695
January
1383
01:22:52.695 --> 01:22:53.695
22,
1384
01:22:53.695 --> 01:22:54.895
I wanna say. Okay.
1385
01:22:55.910 --> 01:22:57.590
January
1386
01:22:57.590 --> 01:22:59.269
21
1387
01:22:59.270 --> 01:23:05.110
will be the telehash. '21 is a good number. Thursday January 21 is telehash
1388
01:23:05.110 --> 01:23:06.790
number five. Okay.
1389
01:23:07.350 --> 01:23:08.790
Fifth time is a charm guys.
1390
01:23:10.425 --> 01:23:14.665
This will be the fourth time since the first time we wanna block. Right.
1391
01:23:15.385 --> 01:23:20.185
Yes. Get your miners revved up. If you wanna if you wanna test
1392
01:23:20.665 --> 01:23:22.585
pointing them to 256,
1393
01:23:23.145 --> 01:23:26.105
you can get all the details at
1394
01:23:26.640 --> 01:23:28.000
256f.org,
1395
01:23:28.000 --> 01:23:30.400
or is it -.256f.org?
1396
01:23:30.400 --> 01:23:32.960
Yeah. Dash.256f.org.
1397
01:23:32.960 --> 01:23:34.640
So, yeah, make sure you're...
1398
01:23:34.800 --> 01:23:37.680
You've tested it out. You're ready on
1399
01:23:38.160 --> 01:23:39.680
the twenty first to go.
1400
01:23:40.505 --> 01:23:43.465
Point your hash to a good cause so that we can
1401
01:23:44.105 --> 01:23:44.985
save
1402
01:23:44.985 --> 01:23:46.024
Bitcoin mining.
1403
01:23:46.185 --> 01:23:49.064
Someone's got to do it. I'm feeling confident.
1404
01:23:49.224 --> 01:23:53.945
The proprietary mining empire is not going to dismantle itself. We'll probably hit two blocks.
1405
01:23:55.040 --> 01:23:55.680
Yeah.
1406
01:23:56.080 --> 01:23:59.600
We'll probably hit all the blocks in a 20... We'll hit 144
1407
01:23:59.600 --> 01:24:04.720
blocks Five in a row. Every day. Just like Foundry. Yeah. We'll just pull up Foundry, just a clean sweep.
1408
01:24:06.415 --> 01:24:09.695
Man, Yeah. Wonder, is foundry's network infrastructure good?
1409
01:24:10.335 --> 01:24:12.574
It's got to be, dude. They have SOC two compliance.
1410
01:24:14.815 --> 01:24:17.374
I mean, yeah, they have what, like
1411
01:24:18.094 --> 01:24:19.455
28,
1412
01:24:19.455 --> 01:24:21.455
30% of the hash rate
1413
01:24:21.760 --> 01:24:24.159
on the network. 26.46
1414
01:24:24.320 --> 01:24:25.439
according to
1415
01:24:25.840 --> 01:24:26.719
mempool.
1416
01:24:26.719 --> 01:24:28.320
Space pool rankings.
1417
01:24:29.679 --> 01:24:34.320
Everyone at Foundry the last week double check the background of your girlfriend.
1418
01:24:35.675 --> 01:24:37.834
Yeah. Yes. Be careful.
1419
01:24:38.474 --> 01:24:39.195
Sounds
1420
01:24:39.434 --> 01:24:42.794
like she's out of your league. You might want to think about this. Yeah.
1421
01:24:43.114 --> 01:24:45.274
If it seems too good to be true,
1422
01:24:45.675 --> 01:24:47.594
she's probably a North Korean spy.
1423
01:24:49.110 --> 01:24:50.630
Don't let her have your laptop.
1424
01:24:52.070 --> 01:24:52.790
Alright,
1425
01:24:52.950 --> 01:24:54.150
until next week.
1426
01:24:54.630 --> 01:24:55.910
Alright, well,
1427
01:24:56.150 --> 01:24:57.750
yeah, I guess that's a show.
1428
01:24:58.070 --> 01:25:02.470
Let's go. Alright. Alright, right on guys. Stay vigilant out there, don't get hacked.
1429
01:25:03.505 --> 01:25:04.864
And then keep hacking.
1430
01:25:05.105 --> 01:25:06.625
Yeah, you do the hacking.
1431
01:25:07.505 --> 01:25:10.784
Don't let them hack you. Hack them first. Yeah.
1432
01:25:11.025 --> 01:25:14.625
He who hacks does not get hacked. Hack or be hacked.
1433
01:25:14.785 --> 01:25:17.585
Hack or be hacked. Hack onto them as they hack onto us.
1434
01:25:18.360 --> 01:25:19.079
Yes.
1435
01:25:19.239 --> 01:25:20.519
The golden rule.
1436
01:25:21.480 --> 01:25:23.159
When in Rome,
1437
01:25:23.880 --> 01:25:24.360
hack
1438
01:25:25.159 --> 01:25:27.159
The throne. The throne.
1439
01:25:27.639 --> 01:25:28.440
Alright.
1440
01:25:28.840 --> 01:25:29.719
Peace.
1441
01:25:30.600 --> 01:25:31.719
No. You hang up.