ABOUT THIS EPISODE
Rev and Reed sit down with Average Gary, organizer of the Shenandoah Bitcoin Club, to talk about why he moved his meetup to a low-pressure Saturday "Bitcoin brunch," how consistency built it into a community anchor, and what it means to become the local "Bitcoin guy." Gary also explains how Bitcoin Veterans works as a leaderless, veteran-led network with just two rules (no violence, no shitcoins), and why veterans are well positioned to push the mission forward. The conversation then turns to mining: Gary's work on rotating Coinbase payouts, eHash, and paying into Ark, plus a thought experiment on hyper-local mining pools and zero-fee community blocks, before the crew wraps up with the V4V leaderboards and boosts.
Reed's Meetup: westernmassbitcoin.com
Rev's Meetup: South Bend Bitcoin Meetup: Meets the First Thursday of Every Month at Lang Lab 6:30pm Eastern Time
Shenandoah Bitcoin Club: shenandoahbitcoin.club
Bitcoin Veterans: bitcoinveterans.org
Find the show on nostr: npub1cvcgs83gw6pcrhvtmlf8gdqaegx93qkznwry96jteqhh2cexgkfq45rtya
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Rev Hodl's npub: npub1f5pre6wl6ad87vr4hr5wppqq30sh58m4p33mthnjreh03qadcajs7gwt3z
Gary’s npub: npub160t5zfxalddaccdc7xx30sentwa5lrr3rq4rtm38x99ynf8t0vwsvzyjc9
Shenandoah Bitcoin Club: npub1s7kjrvhlltz3p7cp7cc7ms4nczwyj2t6faj3sajkcuk00ksy6v5qzrh47t
Do you run a meetup and want to talk about it with us? Want more information about Grassroots Bitcoin or the quarterly meetup organizer calls? Reach out to us: localbitcoiners@gmail.com
Find or contribute information on how to start, run or grow your meetup here: https://github.com/Reeds-Agent-Team/Bitcoin-Meetups
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[guests: npub160t5zfxalddaccdc7xx30sentwa5lrr3rq4rtm38x99ynf8t0vwsvzyjc9]
SHOW NOTES 🔗
TRANSCRIPT 🔗
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Welcome to Local Bitcoiners, a podcast about Bitcoin meetups.
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In this episode, Reid and Rev talk with Average Gary about the Shenandoah Bitcoin Club, Bitcoin mining, and Bitcoin veterans.
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Hey, Local Bitcoiners, Rev Hodel, back with Reid.
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And on this episode, we're talking with Average Gary from the Shenandoah Bitcoin Club.
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And before we get to meet Gary and talk about what he's got going on with Shenandoah Bitcoin Club, as usual, I have a meetup adventure story.
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Now, this meetup adventure story, I didn't actually go anywhere.
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I just went to my garage.
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I skipped the Chicago meetup that I would normally go to last week.
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And instead, I found myself on my beloved Corny Chat.
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I love to go on Corny Chat.
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It's another place. I think it's worth exemplifying that, you know, there are if you really can't find a local meetup and you can't start one locally and meet with people in the physical IRL space, you can still organize something online.
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And Corny Chat's a place to do that. Hive Talk is a place to do that. There's plenty of places to do that.
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And so I think, you know, if you are thinking about starting a meetup digitally, you know, just having that consistency.
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I do a monthly permaculture meetup, you could say, on Corny Chat on the first Wednesday of every month.
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That's actually coming up, I think, next Wednesday.
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And so I'll usually cover a little permaculture topic on there and we'll hang out for a few hours.
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And Corny Chat's cool because, you know, it's Noster enabled.
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You log in with your Noster identity if you want, and you can stream sats and you can zap and you can get the Bitcoin moving around.
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So it's got all that fun value for value built into it as well.
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But yeah, Corny Chat is my fallback when I can't actually get out off the homestead.
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I can just go right into my garage, have my beer and my smokes and hang out with Bitcoiners in the comfort of my own home.
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Reid, how about you?
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Well, I also don't, I mean, I haven't been to a meetup since last time either.
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But last time, since we talked about the V4V Summit last time, I didn't get a chance to recap my previous meetup, which, you know, I don't have any like super special stories.
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but I did want to share that I was able to, I successfully used a strategy that I learned from Bittish,
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the Cleveland episode, which was over the summer, right, post cold card,
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I bought a seed signer from, I think it's like BTC Hardware, like the guy who invented it.
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But I figured, why would I order one?
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I'll order two, and then I'll bring the other one to the meetup,
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and then I'll have one available that I could sell at the meetup.
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And so I did.
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I bought two and I brought the last meetup.
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I brought it with me and boom, I sold it like right away.
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I actually had two people who were interested.
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And so it was like, all right, perfect.
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You know, able to convert that into some no KYC Bitcoin.
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So always looking for little opportunities like that
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to try to get the circular economy kind of kickstarted a little bit in Western Mass.
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We still continue to struggle with that, but just little things here and there.
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I think little things like that hopefully will get people starting to think about it a little bit more.
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And you know, before you get into, oh, go ahead. Sorry.
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Well, I wanted to jump in there with the seed signer thing.
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Another cool thing that recently came up at the Value for Value Summit in Chicago was these MeshTastic radios.
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I think that's another really cool thing that you can bring to a meetup and offer up for something to kickstart the circular economy.
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and it adds this added benefit of you develop a mesh network with your homies.
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So just wanted to throw that out there too.
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That's a great point.
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And actually, it's maybe perfect timing because I did that,
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I think about a year ago.
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I think it was last summer I did that.
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And I had a session.
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It was part of the Socratic seminar.
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I talked about what they were.
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And I think I brought either four or five of them.
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I think I brought four with me.
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and I actually gave them out.
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I bought them from our friend, Average Gary,
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and then he shipped them to me
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and I brought them to the meetup
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and I gave them out to kind of like our core group guys.
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And it was literally for the purpose of,
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I want to start, can we get this thing started?
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You know, I'm fine to supply the hardware,
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you know, but I want to have people to actually connect to.
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So like, let's get this thing going.
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But all right, well, let me just say real quick,
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So our next meetup, I'll talk about this more next week, I guess, but our next meetup is Sunday, October 11th, and that would be at Heavy Culture Cooperative in East Ampton.
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And definitely looking forward to that one.
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We still continue to talk about ways to bring back the Socratic Seminar.
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But yeah, that's coming up in a couple weeks.
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All right, well, we've got our guest here with us, Average Gary.
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We're very happy to have you with us.
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I guess we'll turn the floor over to you here
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and you can go ahead, introduce yourself
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and talk to us a little bit about your meetup.
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Yeah, so I'm Average Gary.
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My fiat mining job is in Bitcoin mining,
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which is pretty sweet.
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We don't need to go into details on that,
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but it's a good gig to have right now.
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I'm very, very happy about it.
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But I've been running the Shenandoah Bitcoin Club
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for four years now.
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It's been over four years.
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So I started in a back room of a restaurant with some slides on the wall because that's how I knew to present things.
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So I had a slideshow for my one friend who still, to my knowledge, does not own any Bitcoin, even though I built him a node and everything.
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But he showed up.
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He was there to support me.
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And he sat through my presentation.
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And he's like, that's cool, man.
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Let's eat.
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And, you know, it just kind of went from there.
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Um, it's, it's been going strong.
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One of the things, Rev, you talked about it.
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You mentioned the word consistency at the, at the beginning.
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And I think that was the biggest thing.
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I actually, uh, I went to a meetup of meetup organizers, grassroots in Nashville, um, not
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too long after starting my meetup.
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And the biggest thing I took away from that event was the consistency, the consistency
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piece.
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And what that made me do was start to figure out a cadence for it, like a defined cadence
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that was very easy to relay to other people.
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And so the meetup, Shenandoah Bitcoin Club, for those listening, every third Saturday of the month, we meet up at 10 a.m.
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It used to be downtown in Winchester, Virginia.
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Now we moved locations to Middletown, Virginia at this place called the Daily Buzz Cafe because the owner of this place was like about it.
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And he's like, yeah, I'll promote your meetup and everything.
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But the third Saturday of the month is when we meet up at 10 a.m.
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We've actually recently expanded as well.
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I'll be going this Saturday, the first Saturday of the month, the month of October, uh, 2026 to the Harper's Ferry country nodes, Bitcoin meetup. Um, so that is the second meetup in the Shenandoah Bitcoin club that just materialized back in the last six months or so. Um, it was like an organic thing of just some people touching base. So first Saturday of the month, third Saturday of the month, we've got something going on. If you're in the Northern Shenandoah Valley in the Winchester Harper's Ferry area.
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So I'm curious, there's not a lot of meetups that do a morning get together.
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And so one thing about, you know, typically the meetups are in the evenings and that court
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kind of like puts a defining end to it because you can't go all night, you know, eventually
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the place closes or whatever you got to, you can hang on to it for as long as you can,
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but eventually it ends.
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How do you, when you do it in the morning, do people find themselves just hanging out
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for the entire day or how does it work out doing these morning meetups?
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yeah i mean on occasion some of my closer friends in the meetup will actually just come over to the
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house afterwards right depending what they've got going on um i usually try to time box it to about
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noon especially when we were at this we were at a sit-down place before like you got seated and it
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was wait staff and everything the place we're at now is just kind of a hangout it's like a little
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cafe so there's not defined end point um but generally we it's about two hours most people
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uh you know if they've got time they'll hang out and we've had people stay late we've had people
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you know cut out early but the morning for us there the reason i shifted to that was i was
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running it in the evenings at first but i realized that the people that i knew and the people that i
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wanted to engage with were like families and other people that have like just stuff going on right
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most people unless you're like super into bitcoin which there's not a lot of those people around
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here um you know there's the core ride or die maybe six to eight or so that regularly show up
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to the meetup. But we all have our lives and it's just the way it is. There's a lot of commuters
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where I'm at, right? I'm close to DC and by like an hour and a half from DC and that Northern
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Virginia area. So there's a lot of commuters. So like nobody wanted to show up to like an evening
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meetup. And then the first time I switched it and I just call it, you know, Bitcoin brunch,
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we had good turnout and we've had upwards of, you know, 20 some people. It's also been just
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like me and one other guy. So it fluctuates a lot. There's not like a core contingent, but the,
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as far as the timing goes, the, to me, because there's not like a, we don't have a huge population
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center, right? Like the DC crew, like they've got a pretty decent population center. They can get
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away with these like evening meetings and something like that. What I wanted to do when I switched it
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to this brunch on a Saturday was to make it easier and like a lower bar. And so when I advertise it,
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when I tell people that I meet out in my community,
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I'm like, yeah, hey, worst thing,
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you show up and you get a decent brunch
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and you just hang out, right?
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Like it lowers that mental burden of like,
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oh, I gotta go sit down and like listen to a presentation.
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And I run it as just like an informal Bitcoin Q&A.
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And the offer is if you have questions
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or if you're curious or if you're interested,
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come on out and like somebody there
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will have maybe some answers for you.
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But at the very least, you're not gonna walk away
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and be confused or whatever.
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But to me, it was a way of offering like a low bar
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Saturday at 10, like very chill,
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not too early, not too late.
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So yeah, that's kind of how it came about.
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And as far as time boxing,
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I mean, we've gone as late as one o'clock.
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I've had some people over the house afterwards.
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So it's just kind of hit or miss
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depending on what people have going on for the day.
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But it's a great way to start a Saturday, that's for sure.
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So I feel like that actually kind of maybe starts
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to answer the question that I wanted to ask you next,
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which is, you know, we talk a lot on this podcast
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about communities and like how each meetup
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kind of has its own community.
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And like now that we've talked
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to so many Bitcoin meetup organizers,
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sampled so many Bitcoin meetups,
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every meetup kind of comes with its own culture.
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And like I've talked about before,
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like my meetup, like just maybe it's because
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of how I ended up finding people, I'm not sure.
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But like we have a lot of people that they enjoy
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like the very beginner topics.
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Like I remember once I brought in a block clock
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to just talk about it, a show and tell item, right?
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I brought it in, thought I'd throw it up there.
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I talked about the history of it,
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talked about Mousecat time, all that stuff.
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And one of the first questions I got was like,
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so what is a block?
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And I was like, oh, okay.
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All right, let's, all right, all right, all right.
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We'll bring it back.
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We'll bring it back.
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We'll bring it back.
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But so I guess, you know, you started talking a little bit about your community with, you know, people having a commute and having day jobs like in the city and stuff like that.
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But I don't know.
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Like, could you tell us a little bit more about your community?
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Like, what kinds of stuff do you guys do together?
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Do you guys get together outside the meetup?
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Like, have you guys done any cool projects or anything?
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No, not really.
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I mean, again, a couple of the guys in the meetup, I just I'm friends with.
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So we'll do things here and there.
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but it's not like I know some meetups like they do things regularly and it's like a very tight
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knit group of people we pull a lot of people from sort of like further out right so the the
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Shenandoah Bitcoin Club you know we get people from Maryland we get people I've had people from
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the DC scene come out and it's more of like the the people that I've encountered either on the
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internet or IRL you know one of my one of my good friends that showed up to the meetup you know I
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boosted and I did one of the live uh RHR you know I sent him some sats and attached a message and
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Marty fumbled over like Shenandoah or something and this guy showed up um good friend of mine now
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and he's like yeah I heard that and I was like what do you mean there's a Shenandoah Bitcoin
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club um and so it's been more of that you know like Twitter spaces and just random like encounters
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on the internet of people realizing that there's actually a meetup out here and it's small it's
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modest, right? It's not huge. But just, I think it's almost like an anchor point for people to
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get together to have like an IRL, like a meat space connection to the people that they know
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online. And then also somebody that actually wants to talk about Bitcoin with you, right? So it's,
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that to me, it's my outlet. If we get newcomers, we've had like new people, we've had
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old farmers show up that just like sat there and just kind of like listened.
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um you know we've had random people just like passing through that just kind of heard or
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whatever like we have i got an email recently so this upcoming saturday there's two folks that are
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just like hey we're going to be in the area is your meetup still going on i was like absolutely
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here's the details show up you know appalachian snail harpers ferry 10 a.m show on up um so it's
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not like a super super tight net group we do have a group chat right that that we started so i'll
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throw out the meetup things in there.
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It's not super active.
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It's not one of the more active chats.
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But there is a consistent group of people that show up.
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And even if they don't show up every month,
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it's a consistent group of people
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that make an effort to come out
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because they might be coming from little ways out.
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But it is one of the closest meetups to them.
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And so that to me is like super encouraging
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because I know, or at least I've felt in the past
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as like a Bitcoiner and just like understanding this thing
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and understanding what's happening.
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And then just the only outlet you have is online.
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uh it's it's very lonely right like we are it's great to be able to connect um but to actually
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if you if you're listening to this right now and you've never been to an actual physical bitcoin
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meetup where like you're you're meeting other bitcoiners you have no way of understanding the
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vibe and that's the only way to describe it is it it's a vibe because you're not starting from
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ground zero you're not like having to explain the fed and inflation and all these other things like
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people are starting to get to but it's it just becomes a vibe you start talking about industry
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news talking about whatever cultural stuff's going on in bitcoin this that or the other
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and then you just get to know people and it's like connecting to a real person face to face
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that is on the same journey as you and is is on the same mission as you in a lot of ways
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it it's like an instant almost connection like it's it's hard to explain it other than just the
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vibe, right? Like it's, I've not met many Bitcoiners in real life that I didn't just like vibe with,
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right? There's not been a lot of people, you know, I've been to several different meetups.
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I used to run the DC BitDev. So like all these people that come in person to do this Bitcoin
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thing, to talk about Bitcoin, to, to experience that. I can't think of an instance where there's
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been like hostility or like weirdness or awkwardness. Like now don't get me wrong. Like
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Bitcoiners, there's some like very, very characters. There's some characters in Bitcoin,
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but even, even those characters, right. You meet them and you're like, Oh, this, he's just a
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likable guy. Right. You know? Yeah. He wants to dribble on about whatever random topic that,
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you know, scratches his itch. Um, but more often than not, I've, I've yet to meet, you know,
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the, the asshole Bitcoiner that is just like a super jerk and like super low vibe, right? Like
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there's like high frequency low frequency people and all bitcoiners are just like these high
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frequency people that are just they just seem it's almost as if they found bitcoin and it's a
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solution to a problem that they didn't know existed potentially and now they have this
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almost like steady state about them this almost like certainty about them that they it becomes
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just a footing to just kick it off and be like hey man what's your life about and you just get
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into it and it's it's great and it's i've met some of the best people i know in bitcoin and i served
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for you know a decade plus in the military met some great people there but none as good as the
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people in bitcoin yeah i think that comes down to and you touched on a lot of stuff that we we
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touch on on the show a lot like how do you market your meetup and actually the first time um that i
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ever found out that there was a meetup near me was also from rabbit hole recap from one of the
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shout outs that was before this was like back when they you had to do the shout out like on their
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website or something you know um and so i found my meetup that way the meetup when i start first
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started going to meetups that's how i found it uh and then like the group chats it's you say like
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oh the group chat's not that active and maybe the meetup's not so big but that doesn't really matter
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the group chat is there basically
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in my experience for these more
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hyper local meetups is just to
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coordinate around when the meetup's happening
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and in my case in this area
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it's coordinating around like what do we have
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to offer each other for the circular
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economy stuff when we get together
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like if I got eggs and somebody else has got pork
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or whatever we organize that
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in advance
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but the other thing is like
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why the vibe I think is
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so palpable
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it's why it jives so well and this comes down to cultural capital right it's because you have this
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base of of information and knowledge and experience through the lens of bitcoin where you don't need
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to reiterate all that stuff when you get together to get on the same page you've already got that
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foundation so that means like you can immediately connect on like higher signal stuff instead of
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like fumbling around trying to get um you know get on the same playing field so to speak and so um
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I do like you it's the other thing that we found is like talking anybody who's like taking the
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initiative to start a meetup and run a meetup they're pretty heavily invested in bitcoin you
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already mentioned you work a job in bitcoin um you you do it like these bitcoin meetup organizers
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like doing a lot of cool shit in addition to the meetup uh in relation to bitcoin as well and so um
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I know that you you do the bitcoin veteran stuff do you associate bitcoin veterans with your meetup
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at all? Or is that two, are those things completely separate? Yeah, those are completely separate.
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You know, in so much as like, it's, it's Bitcoin veteran led, right? I'm a Bitcoin veteran.
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I consider myself one of the cadre, I will say of Bitcoin veterans. So it's sort of like two
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separate things. But Bitcoin veterans is not quite a meetup per se. It is more a network of veterans
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and veterans are already, you know, we're trained to lead. And so there's a lot of inclination to
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leave there's also a lot of inclination to serve so i can see it because of my perspective in the
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bitcoin veteran community and kind of being in that cadre chat and being part of the people that
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are helping to like push the movement forward and and be an advocate and everything for it
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i think it's safe to say that a lot of things happening in the bitcoin space there's like a
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good chance that it might be a bitcoin veteran like helping to push that forward now that's not
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like a super broad blanket statement but there's some political activist groups that i know are run
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by Bitcoin veterans, right? There are meetups run by Bitcoin veterans, not just mine. And so it's
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interesting to see because it's a lot of people that are plugging in to where they can, whether
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at companies, at meetups, at whatever, at events, you know, like Bitcoin veterans have helped
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volunteer at some of the BPI events in DC. Again, because like we just tend to be service oriented,
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Right. We enjoy volunteering to go serve others, to do the gritty, nitty stuff that other people don't necessarily want to do.
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And, you know, we're good at beans, bullets and band-aids. We're good at organizing things.
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So it's almost like this this natural marriage between some of the things that veterans already are good at and some of the things that we bring with us from the service.
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and then it just naturally happens
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that once you get into Bitcoin,
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you just start looking for things to do
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because you don't want to be that guy
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that's just sitting around doing nothing, right?
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Like that always any veteran community you know there turds in the military and then there guys that get shit done And the guys that get shit done is because they look for things to get done They understand what the mission is Right And one of the missions of Bitcoin in my opinion is the education piece of
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it. And that's one of the biggest things that I tried to offer. Right. So my tagline for like
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Shenandoah Bitcoin Club from the beginning was to educate and collaborate with people in the
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Shenandoah Valley about Bitcoin, right? Like that was, that to me was the most important thing to do
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with the meetup. And there's tons of ways to do that, right? Like it's, it's not limited to just
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being the Bitcoin meetup. I've almost built a rep, not almost, I've definitively built a reputation
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in my community, not in the Bitcoin space, but as like the Bitcoin guy and not necessarily,
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it was very early on like evangelical, you know, like, let me tell you about Bitcoin all the time.
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but at this point it has become almost oh yeah Gary he's you're the Bitcoin guy right like you
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you do the Bitcoin stuff like yes and that is what has happened now is people as things happen
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and as events unfold and I'm sure as this you know next NGU that happens inevitably people are going
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to come back and be like hey Gary are you still doing that Bitcoin thing and I'll be like yeah
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man come out to the meetup we're meeting in Harper's Ferry so it becomes this like very very
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like simple touch point that I've made it known. I, I, I try to actively participate in my community
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in a meaningful way, not just as like a Bitcoiner doing the Bitcoin things, but as like, you know,
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community member, like active in my church. I try to volunteer at my kids, you know, school. I've
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volunteered in a local public high school. Um, you know, I've done all these other things that you
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just, you just go out and be a good human because you figured out this money thing that everybody
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else is like fretting about and worrying about. And so you can just have this high, high vibe
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going everywhere you go. And yeah, you can wear your Bitcoin shirt or not, but just over time,
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having been planted here now for, you know, five years, I've developed a reputation that I think
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is good. You know, I've engaged with like local business communities, right? So I started going
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to some like small business meetups. I haven't been to one in a while, but again, all the people
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there know it's like, oh yeah, Gary, he's like the Bitcoin guy, right? So it's to me, the,
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the meetup is almost like an anchoring point for here is a definitive place for you to come with
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your questions. That's like, you can get a nice brunch and everything. But I also make the offer
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and I make this to almost anybody I meet locally. It's like, Hey, yeah. Like if you ever want to
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have, if you ever have questions, like I'll meet you for coffee, I'll meet you for lunch. Like we
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can get together, like whatever you want. Like I, I just kind of offer myself and my time, uh,
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because I figured out this Bitcoin thing. I don't need to like be subject to some, you know,
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fiat wage slavery job as hardcore as most people are.
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Like most people are just locked in on that rat race,
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you know, running on that treadmill going nowhere.
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And so I try to offer myself to do the education,
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not just at the meetup, but just in general.
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And I've done that.
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Like people, one of the guys I work out with,
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I do a free men's workout group,
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another great community building thing.
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It's called F3.
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It's like a free men's workout group.
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So if you're trying to save sats,
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trying to stack sats and you're a dude out there
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and you want to cancel your Planet Fitness
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or your CrossFit membership, check out F3.
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and it's probably in your area.
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It's all across the nation
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and it's a free way to go work out.
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And then you're going to connect with other dudes
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that are like hard charging and want to get shit done.
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But anyway, one of the guys there, he's like,
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hey, could you, you know,
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do you want to like meet up for lunch sometime?
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I was, yeah, what's up?
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Like, what's going on?
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He's like, well, I have some questions about Bitcoin.
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I was like, all right, brother.
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Like, yes, this is, I live, like, I live for this.
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Even in my company, right?
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I work at a Bitcoin company,
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but not everybody that works at a Bitcoin company
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that does Bitcoin things understands Bitcoin.
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You know, you've got HR people,
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you've got fiat accounting people, you've got lawyers, you've got marketing people that when
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they're hired, they might know that, oh, you're coming into this, this Bitcoin industry, but they
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have no idea what a block is. They have no idea what, you know, anything is other than what they've
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heard on the news about Bitcoin. And so even within my company, I started doing like Bitcoin
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lunch and learns where I would just do like basic, you know, one-on-one topics. And my HR lady
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actually took one of my recordings and put it into like the onboarding curriculum for the
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company now. So I went to one of these sites recently and like, I meet this guy and he's like,
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oh, Hey, yeah, you're, you, you did like the, the Bitcoin one-on-one stuff. And I was like,
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yeah, what do you like? It's like, yeah, it was part of my onboarding. I was like,
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that is awesome. So I think, and it's, I mean, this podcast, right? This it's another resource
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and it's why there's not enough Bitcoin podcasts and why we always need more Bitcoin podcasts.
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And we absolutely need more Bitcoin meetups as well, because people, when they have questions,
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what are they going to do they're going to go look at like google or chat gpt or whatever and
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what are they going to get led to they're going to get led to like degenerate shit on coinbase
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or whatever any of these other shit coin exchanges um so having like a tangible in-person
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somebody that is like nice and just like approachable i guess is like the best thing
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you can offer your local community not just your local bitcoin meetup but just like
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The people around you, the community, the neighborhoods, the people in your geographical location, you can offer that by just, hey, I will teach you about Bitcoin.
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So that's, yeah, I don't even remember what the original question was, but that's where I took it there.
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And that was, it's been nice.
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It's rewarding.
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It brings me great joy to educate people.
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And Bitcoin is one of the best things you can be educated on.
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I love your point about the anchoring.
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You know, like something tangible, right?
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Like I actually just had this happen a couple weeks ago
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where I went and bought something on Facebook Marketplace,
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just, you know, whatever.
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But I happened to be wearing a Bitcoin shirt.
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And right as I was about to leave, the dude was like,
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oh, hey, I like the shirt.
405
00:26:39,492 --> 00:26:40,372
You know, I've got some Bitcoin.
406
00:26:40,832 --> 00:26:42,732
And it was immediately my go-to.
407
00:26:42,732 --> 00:26:45,592
I was like, oh, well, I run the Western Mass Bitcoin meetup.
408
00:26:45,592 --> 00:26:50,452
you know you should come out i have a card in my truck here you go like now you've got a website
409
00:26:50,452 --> 00:26:55,072
you've got an email address you know now you're going to be able to find out our next meetup
410
00:26:55,072 --> 00:27:01,812
location you know right from there so i've always kind of you know it's when i wear the bitcoin swag
411
00:27:01,812 --> 00:27:06,632
around and that's kind of what i'm hoping for right i'm hoping someone else will be like oh hey
412
00:27:06,632 --> 00:27:12,212
you know that's pretty cool i'm into that stuff and then i can that's kind of like my opportunity
413
00:27:12,212 --> 00:27:14,592
to like, I have something to pitch to you
414
00:27:14,592 --> 00:27:16,652
to where we can continue this conversation.
415
00:27:16,812 --> 00:27:18,032
I would love to, but we're like,
416
00:27:18,092 --> 00:27:19,932
just this isn't the right time
417
00:27:19,932 --> 00:27:21,372
or you don't have time or I don't have time.
418
00:27:21,452 --> 00:27:23,332
But if you come to the meetup, it's perfect.
419
00:27:24,792 --> 00:27:26,352
But I wanted to ask you too,
420
00:27:26,652 --> 00:27:29,212
we started talking a little bit about Bitcoin veterans.
421
00:27:31,112 --> 00:27:33,472
And I guess one of the things
422
00:27:33,472 --> 00:27:35,892
I've always kind of been interested in
423
00:27:35,892 --> 00:27:39,552
is like how Bitcoin veterans are organized.
424
00:27:40,072 --> 00:27:40,892
Like we talk about,
425
00:27:40,892 --> 00:27:46,312
like one of the whole reasons why we started this podcast in the first place was because I like or
426
00:27:46,312 --> 00:27:51,392
at least one of the reasons why I wanted to start it is because I always kind of thought boy I really
427
00:27:51,392 --> 00:27:58,732
wish Bitcoin meetup organizers you know we organize our own stuff but we're very like disparate and
428
00:27:58,732 --> 00:28:04,332
like decentralization is great but like it'd be nice if we could be decentralized but like
429
00:28:04,332 --> 00:28:08,912
still have open lines of communication with each other and like have opportunities to learn from
430
00:28:08,912 --> 00:28:15,032
each other and like coordinate and things like that. And, um, I, so anyway, I was kind of hoping
431
00:28:15,032 --> 00:28:20,172
that you could enlighten us a little bit about what Bitcoin veterans is, how you guys communicate.
432
00:28:20,332 --> 00:28:26,172
Um, I know you do the, the, um, or Bitcoin veterans has that Twitter spaces on the regular.
433
00:28:26,692 --> 00:28:31,532
Um, but I don't know much other than that, to be completely honest. Um, so you want to talk to us
434
00:28:31,532 --> 00:28:36,092
just a little bit about Bitcoin veterans and how you guys kind of coordinate with each other?
435
00:28:36,092 --> 00:28:43,392
yeah so um it started as a twitter group chat back when it was called twitter it was just like
436
00:28:43,392 --> 00:28:51,492
five guys that just kind of saw that the bitcoin space had no veteran thing going on um and it it
437
00:28:51,492 --> 00:28:56,932
started from that and just people started getting added uh it evolved into you know now we have
438
00:28:56,932 --> 00:29:04,112
signal group chats um the way we organize it and it's really simple there's nobody in charge
439
00:29:04,112 --> 00:29:10,052
there's two rules though the first rule is no violence the second rule is no shit coins
440
00:29:10,052 --> 00:29:16,572
and then outside of that like whatever you want to do right we are veterans only right so like
441
00:29:16,572 --> 00:29:20,872
to be a bitcoin veteran you have to be a military veteran now that you could be from Australia
442
00:29:20,872 --> 00:29:24,352
there's like an Australian dude in one of the bitcoin veterans chat and so when we're all like
443
00:29:24,352 --> 00:29:29,192
saying gm to each other he's like gn good night uh because he's on the other side of the world
444
00:29:29,192 --> 00:29:34,732
right there's you know we have but anyway as it kind of like materialized and it really kind of
445
00:29:34,732 --> 00:29:42,252
took off um after the 2024 conference we were able to secure a 3 000 square foot room at the
446
00:29:42,252 --> 00:29:47,252
conference now when i say it was at the conference it was like down two floors from the main floor
447
00:29:47,252 --> 00:29:53,312
and then down like two separate hallways like as far away from the main main room as like you could
448
00:29:53,312 --> 00:29:58,132
possibly be which was awesome but what happened was we all came together and we're like all right
449
00:29:58,132 --> 00:29:59,172
Let's like plan this thing.
450
00:29:59,232 --> 00:29:59,872
Let's figure this out.
451
00:29:59,952 --> 00:30:02,132
And we were able to, we got people ham radio qualified.
452
00:30:02,132 --> 00:30:04,012
We had, you know, people come down to visit.
453
00:30:04,112 --> 00:30:05,152
We had vendors set up.
454
00:30:05,252 --> 00:30:08,392
So it was a whole vibe just completely separate from the rest of our conference, which was
455
00:30:08,392 --> 00:30:08,712
awesome.
456
00:30:09,912 --> 00:30:12,272
But yeah, those, those two rules are like the simple rules.
457
00:30:12,272 --> 00:30:16,032
And we give, you know, people an intro every, every veteran we add to the chats.
458
00:30:16,192 --> 00:30:17,892
We have different regional chats.
459
00:30:18,012 --> 00:30:21,272
So if you're a veteran and you're listening, go to bitcoinveterans.org.
460
00:30:21,352 --> 00:30:26,072
There's like an info intake form that will send, send us an email and we'll get you sort
461
00:30:26,072 --> 00:30:27,732
of plugged into the, to the group chats.
462
00:30:28,132 --> 00:30:49,552
And veterans go into regional chats. So we've got, you know, I'm one of the admins of like the Northeast region, right? And so all the veterans that are in the Northeast or say that are in the Northeast, Northeast are in that chat. And we've got, you know, Southeast, Midwest, West, you know, all these different chats. We've got a global one because we got some, you know, some Brits as well that have reached out.
463
00:30:49,552 --> 00:30:55,932
but that's like the main organization is there is a cadre chat right and that's like the guys that
464
00:30:55,932 --> 00:31:01,692
are active and participating in the bitcoin space is what we'll invite them into the cadre chat if
465
00:31:01,692 --> 00:31:07,152
we see that you're engaged in bitcoin veterans if you're you know helping in doc people right
466
00:31:07,152 --> 00:31:11,232
helping answer emails or helping set up conferences or you're running a meetup or whatever like the
467
00:31:11,232 --> 00:31:16,912
people that are going out and doing the things that are active in the bitcoin space will usually
468
00:31:16,912 --> 00:31:21,572
bring those guys in. And so there is a core like cadre, but there's not really anybody in charge of
469
00:31:21,572 --> 00:31:26,052
it. There's nobody, you know, there's somebody that's holding the keys for, technically I think
470
00:31:26,052 --> 00:31:30,652
it's a 501c3 nonprofit. So there's like funds there and like somebody has signed the paperwork
471
00:31:30,652 --> 00:31:35,452
for that, but I can't even tell you who that is, right? That's like the nature of this is because
472
00:31:35,452 --> 00:31:40,432
I'm not on some like board of some like nonprofit or anything like that. I'm just a guy that's
473
00:31:40,432 --> 00:31:44,712
engaged in these chats that wants to see veterans get educated and plugged in into the Bitcoin
474
00:31:44,712 --> 00:31:49,592
ecosystem. And so we have all these regional chats, right? That's where veterans land.
475
00:31:50,012 --> 00:31:54,152
The thing with Bitcoin veterans, it's not just for veterans, right? Like it is veteran led
476
00:31:54,152 --> 00:31:58,512
is like the thing, right? We were veterans, like that's the core identity of the group.
477
00:31:58,512 --> 00:32:02,312
So it's veteran led, but we have a bunch of other chats that are not veteran
478
00:32:02,312 --> 00:32:09,572
only, right? They're open to whoever wants to join, but they are moderated and admin by veterans,
479
00:32:09,652 --> 00:32:13,172
right? And it's usually guys, again, some of the guys that want to step up and they're like,
480
00:32:13,172 --> 00:32:17,632
you know we had one guy that was like hey i would like to start a pilot's chat we're like sweet dude
481
00:32:17,632 --> 00:32:22,452
you know start the pilot's chat and then add you know a few of us from the cadre to make sure we're
482
00:32:22,452 --> 00:32:27,472
there just like to to have eyes on what's going on in the chat and help moderate or whatever but
483
00:32:27,472 --> 00:32:31,852
like we have a i think we have like a tesla driver's chat i'm not part of that but like we have it
484
00:32:31,852 --> 00:32:35,652
we have a self-custody chat that thing's always popping off talking about self-custody
485
00:32:35,652 --> 00:32:41,432
we have a mining chat that's pretty active um we have a bitcoin veterans of christ chat right so
486
00:32:41,432 --> 00:32:45,692
if you're Christian and Bitcoiner and you want to plug into that chat, that's pretty, pretty active
487
00:32:45,692 --> 00:32:52,612
as well. Um, what else we've got, we have like a Citadel network chat, right? So people that are
488
00:32:52,612 --> 00:32:57,432
trying to like Homestead and do more of like Citadel building. Um, we've got an Intel chat,
489
00:32:57,532 --> 00:33:01,212
right? That's another one that's, that stays pretty active. Um, for anybody that's not aware,
490
00:33:01,612 --> 00:33:06,252
one of the, one of the Bitcoin veterans publishes the DIB, the daily Intel bulletin.
491
00:33:06,252 --> 00:33:28,052
And so he's out there scraping open source stuff and he compiles this intelligence report based on open source. And we released that on X. We released it on Noster. I think it's, it might still be posted on our website. But again, it's just veterans wanting to plug in and do something. And so they, they start whatever chat that they're interested in.
492
00:33:28,052 --> 00:33:30,252
and there's a whole list I mean there's like
493
00:33:30,252 --> 00:33:32,212
over 20 some chats
494
00:33:32,212 --> 00:33:34,452
it was good we couldn't quite keep it at
495
00:33:34,452 --> 00:33:36,432
21 as much as I wanted to meme that
496
00:33:36,432 --> 00:33:38,532
there's a
497
00:33:38,532 --> 00:33:40,392
short bus chat that's like veterans only
498
00:33:40,392 --> 00:33:42,532
because it's all memes and it's kind of the
499
00:33:42,532 --> 00:33:44,372
the chat for if you want to
500
00:33:44,372 --> 00:33:46,532
talk about just BS stuff
501
00:33:46,532 --> 00:33:47,972
that's super active
502
00:33:47,972 --> 00:33:50,352
because one of the chats was getting a little
503
00:33:50,352 --> 00:33:52,432
little full of you know memes
504
00:33:52,432 --> 00:33:54,272
and just shit talking and stuff and so I was like
505
00:33:54,272 --> 00:33:56,272
hey guys let's let's create a whole chat
506
00:33:56,272 --> 00:33:59,492
just dedicated to the retardation of Bitcoin veterans.
507
00:34:01,172 --> 00:34:02,612
Yeah, you mentioned our X spaces.
508
00:34:02,792 --> 00:34:06,232
Daily weekdays at 10 a.m., we run an X space.
509
00:34:06,392 --> 00:34:07,772
So there's like a sit-read chat
510
00:34:07,772 --> 00:34:08,932
for the people that are running that.
511
00:34:09,272 --> 00:34:10,792
It's actually hosted not by a veteran.
512
00:34:10,992 --> 00:34:12,332
It's a guy that just wanted to contribute,
513
00:34:12,472 --> 00:34:13,392
help out BBK.
514
00:34:13,772 --> 00:34:15,632
Now there's veterans that co-host with him,
515
00:34:15,732 --> 00:34:17,372
but he's definitely the main guy pulling it.
516
00:34:17,572 --> 00:34:18,992
We've got a gun chat, pew pew.
517
00:34:19,752 --> 00:34:21,152
So if you're into guns, right?
518
00:34:21,452 --> 00:34:22,832
Veterans, of course, like we're into guns.
519
00:34:23,312 --> 00:34:24,532
People are 3D printing guns.
520
00:34:24,532 --> 00:34:32,292
people with 3d printing other things that are fun and uh yeah so so many different topical chats but
521
00:34:32,292 --> 00:34:37,952
the core thing is no violence and no shit coins right and the violence thing is like we just don't
522
00:34:37,952 --> 00:34:42,772
need fed posting right like feds can stay out get your violence out of here like nobody's interested
523
00:34:42,772 --> 00:34:48,132
in violence bitcoin is a peaceful revolution it doesn't need me to be violent for this thing to
524
00:34:48,132 --> 00:34:55,652
work. However, and I printed some shirts that say, be peaceful, not harmless. The group of veterans,
525
00:34:55,832 --> 00:35:01,272
Bitcoin veterans, like we are not harmless. We understand that having a capacity for violence
526
00:35:01,272 --> 00:35:07,092
is the only way to be peaceful because if you have no capacity for violence, then you are harmless.
527
00:35:07,472 --> 00:35:12,312
But if you have the capacity to affect change, and you can say violence as in physical violence,
528
00:35:12,312 --> 00:35:17,512
but violence is also like a change to something, right? And so the capacity for violence that is
529
00:35:17,512 --> 00:35:24,792
restrained is how you be peaceful. And so a lot of these guys understand they've seen firsthand
530
00:35:24,792 --> 00:35:31,832
the physical violence of war, of the debt-fueled, monetary debasement-fueled war and murder.
531
00:35:32,552 --> 00:35:39,652
And so we see now education on this tool that allows you not to have to go commit aggressive
532
00:35:39,652 --> 00:35:45,692
war. And that's a huge motivator for a lot of Bitcoin veterans, right? So that's Bitcoin
533
00:35:45,692 --> 00:35:49,892
veterans i mean it's there's not really anybody in charge just a couple guys that founded it but
534
00:35:49,892 --> 00:35:55,372
even they have kind of stepped aside and you know there's other people running it um we're doing a
535
00:35:55,372 --> 00:36:00,432
summit in nashville in november uh november 9th and 10th you can check it out on our website or
536
00:36:00,432 --> 00:36:05,012
check our our x posts about it the first day is like your traditional summit where we are going
537
00:36:05,012 --> 00:36:09,572
to have speakers and stuff we did this last year as well so this is the second year in nashville
538
00:36:09,572 --> 00:36:10,592
it's a third annual one.
539
00:36:11,572 --> 00:36:13,892
The second day though is a range day.
540
00:36:14,472 --> 00:36:17,152
So if you're a Bitcoiner and you're either into guns
541
00:36:17,152 --> 00:36:20,772
or you're curious to learn in an environment that is safe,
542
00:36:21,232 --> 00:36:23,632
we have special operations veterans
543
00:36:23,632 --> 00:36:28,392
and veterans that have served and are still serving
544
00:36:28,392 --> 00:36:31,072
that will be there to help you learn safely
545
00:36:31,072 --> 00:36:32,112
at this range day.
546
00:36:33,252 --> 00:36:35,372
So that's like another awesome thing that we can bring.
547
00:36:36,052 --> 00:36:38,172
Bitcoin veterans or veterans in general,
548
00:36:38,172 --> 00:36:43,692
like the military uh drives like an adversarial mindset you always have to think about like what
549
00:36:43,692 --> 00:36:48,012
your enemy is going to be doing sort of thing so it's it's a unique opportunity to get some
550
00:36:48,012 --> 00:36:54,232
perspectives uh one of our coolest panels last year at the summit was on like fifth gen warfare
551
00:36:54,232 --> 00:37:00,312
which is basically psyops right because it's real and we're all part of it and it is a domain of
552
00:37:00,312 --> 00:37:06,472
warfare that we have some bitcoin veterans that's like it might was kind of their job when they were
553
00:37:06,472 --> 00:37:13,932
in so it's it's to me bitcoin veterans is like there's a when you think about a military and all
554
00:37:13,932 --> 00:37:20,852
the things a military does it is so broad so this bitcoin veterans group is like this amalgamation
555
00:37:20,852 --> 00:37:25,092
of all different types of people we've got policy people we got people that are doing like
556
00:37:25,092 --> 00:37:32,592
crazy mining like this guy montani bitcoin rick he's like building slim 19s for hash rate heating
557
00:37:32,592 --> 00:37:39,052
and stuff so like there's a big like overlap in the hash rate heating space um i got another guy
558
00:37:39,052 --> 00:37:44,952
he's like has a pick and place machine now and so he's looking to assemble bid axes you know from
559
00:37:44,952 --> 00:37:49,152
bitcoin veterans spawned another organization called operation bitcoin it's in the state of
560
00:37:49,152 --> 00:37:53,992
georgia and the state of georgia they're an official partner with the state of georgia for
561
00:37:53,992 --> 00:38:00,052
veteran education in like universities so they're like officially like government sanctioned teaching
562
00:38:00,052 --> 00:38:07,212
veterans bitcoin and trying to work to get them placed in in in the career field as well so it's
563
00:38:07,212 --> 00:38:12,492
just kind of cool and i think the last thing that i'll say is you know veterans at least in american
564
00:38:12,492 --> 00:38:18,332
society and in the west there's we we occupy this like very unique space of there's not a lot of
565
00:38:18,332 --> 00:38:24,292
people that can throw sticks and stones at us without getting backlash like most you know
566
00:38:24,292 --> 00:38:28,592
whatever your inclination culturally politically whatever it is most people understand that
567
00:38:28,592 --> 00:38:32,612
veterans, especially in America that have volunteered to willingly lay down our lives
568
00:38:32,612 --> 00:38:38,072
to defend what you want to, whatever you want to do. Like there's a recognition of that and there's
569
00:38:38,072 --> 00:38:43,372
a respect of that. And so when, when I come forward and when veterans come forward and say,
570
00:38:43,372 --> 00:38:49,732
hey, this Bitcoin thing, it matters. It's like, okay, you can try to, you know, besmirch me,
571
00:38:49,852 --> 00:38:54,252
but you know, I'm not, I'm not some dark web drug dealer. I'm not some crazy terrorist guy or
572
00:38:54,252 --> 00:38:59,752
whatever, right? Like it's a, there's a legitimacy that's automatically offered to a veteran by
573
00:38:59,752 --> 00:39:05,112
default that we can use that as a platform to advance the actual mission of Bitcoin and talk
574
00:39:05,112 --> 00:39:11,492
about, Hey, when the samurai devs got locked up, you know, I helped Grok helped me draft an entire
575
00:39:11,492 --> 00:39:15,773
letter to like the Senate and the Congress of like, Hey, this is why developer protections need
576
00:39:15,773 --> 00:39:20,672
to be in here. So it gives us a unique perspective and a unique ability to platform ourselves in a
577
00:39:20,672 --> 00:39:25,792
way that maybe some other Bitcoiners just aren't able to do or won't gain that similar recognition
578
00:39:25,792 --> 00:39:32,332
and get the message out there that this thing is good. This thing is freedom. This thing is
579
00:39:32,332 --> 00:39:38,712
morally sound. And by the way, we don't need to be violent, but we're prepared to be if people
580
00:39:38,712 --> 00:39:47,472
want to come at us. So Bitcoin, I think we talking about, I do think that Bitcoin is leading to
581
00:39:47,472 --> 00:39:49,812
this revolution, right?
582
00:39:49,892 --> 00:39:51,472
It is, the revolution is happening.
583
00:39:52,172 --> 00:39:55,192
And it's, I guess the question really is like,
584
00:39:55,273 --> 00:39:56,412
what is the revolution?
585
00:39:56,592 --> 00:39:59,432
And in my opinion, we talk about games a little bit
586
00:39:59,432 --> 00:40:01,252
on the show or a lot on the show, I guess.
587
00:40:01,932 --> 00:40:03,832
And really when I talk about game,
588
00:40:03,952 --> 00:40:06,992
it's like a game is a way of simplifying a thing down
589
00:40:06,992 --> 00:40:09,032
to better understand it.
590
00:40:09,332 --> 00:40:10,592
And then once you understand it,
591
00:40:10,592 --> 00:40:11,632
you can take what you've learned
592
00:40:11,632 --> 00:40:13,672
and then apply it more broadly
593
00:40:13,672 --> 00:40:17,252
to the actual effective usage of that understanding.
594
00:40:17,472 --> 00:40:26,172
And so like what Bitcoin, I think, is teaching us is that this is a working model of a consensus-based governance system.
595
00:40:26,932 --> 00:40:28,952
And so that's the game, right?
596
00:40:29,032 --> 00:40:33,072
Bitcoin is the game of like proving like, yes, this governance through consensus is possible.
597
00:40:33,232 --> 00:40:37,992
And then that leads, once the revolution happens, then that leads to this renaissance, right?
598
00:40:38,432 --> 00:40:45,792
And so like what Bitcoin Veterans sounds like it's doing is it's taking this idea of like, okay, so nobody's actually in charge here.
599
00:40:45,792 --> 00:40:49,132
And how can that even manifest?
600
00:40:49,352 --> 00:40:53,912
And I think it comes down to that base level understanding like, okay, we understand Bitcoin.
601
00:40:54,392 --> 00:41:04,132
This means that we understand what it is to operate via consensus versus having some top-down central authority dictating all the things that are going on.
602
00:41:04,792 --> 00:41:05,492
And that's the game.
603
00:41:05,872 --> 00:41:09,132
And then once you get that, then you get all these group chats going on.
604
00:41:09,232 --> 00:41:14,352
And that leads to manifestations of the revolution happening in this peaceful way, right?
605
00:41:14,352 --> 00:41:23,672
In Georgia, they're like actively, you know, teaching Bitcoin to the universities and stuff like that's what leads to the growth of it.
606
00:41:23,992 --> 00:41:31,032
And I think this is the first time in history, in recorded history, and I've been trying to verify this with my clanker as much as I can.
607
00:41:31,232 --> 00:41:47,565
It more of a feeling that I have rather than a truth let say But I think this is probably the first time where a changeover of the way that society is managed and operated instead of coming from one central point like an empire dominating
608
00:41:48,045 --> 00:41:53,105
moving through from one border to the next to the next and expanding outwards from a central point,
609
00:41:53,445 --> 00:41:58,325
this is like many bubbles of this, like many little fires starting at one point,
610
00:41:58,325 --> 00:42:02,545
and they're all expanding and burning out into each other to then, eventually,
611
00:42:02,545 --> 00:42:05,385
it's going to be the whole world that this thing is encompassing.
612
00:42:06,185 --> 00:42:08,105
I don't really have a follow-up question there,
613
00:42:08,205 --> 00:42:10,025
but I just responding, you know,
614
00:42:10,045 --> 00:42:11,805
listening to you talk about the veterans, it's bad.
615
00:42:12,405 --> 00:42:14,245
You can just do things, right?
616
00:42:14,624 --> 00:42:15,665
You can just do things.
617
00:42:15,725 --> 00:42:17,124
That's what rough consensus is.
618
00:42:17,845 --> 00:42:22,605
You know, we just saw recently that you can just launch a soft
619
00:42:22,605 --> 00:42:25,185
and then hard fork of the network if you want.
620
00:42:25,605 --> 00:42:26,485
You can do that.
621
00:42:27,144 --> 00:42:30,245
You will suffer the consequences if you're wrong, right?
622
00:42:30,245 --> 00:42:33,185
but the taking the initiative
623
00:42:33,185 --> 00:42:37,665
and also the enablement that Bitcoin offers you
624
00:42:37,665 --> 00:42:40,005
because you can chill,
625
00:42:40,725 --> 00:42:43,185
you can wait it out for having to having
626
00:42:43,185 --> 00:42:46,245
and wait for the basement to make the NGU
627
00:42:46,245 --> 00:42:48,305
and during that time,
628
00:42:48,425 --> 00:42:51,925
you can figure out where you're going to deploy those sats, right?
629
00:42:51,945 --> 00:42:53,725
So like one of the examples I always like to highlight is
630
00:42:53,725 --> 00:42:57,885
when 250,000 sats can pay off my house,
631
00:42:58,265 --> 00:42:59,345
I'll do it, right?
632
00:42:59,345 --> 00:43:03,985
but similarly I also have other plans and allocations of sats where I think about
633
00:43:03,985 --> 00:43:11,005
okay if a million sats can bootstrap a business or you know I started a business that Reed mentioned
634
00:43:11,005 --> 00:43:15,985
before I sold them some mesh tastics that business is still alive I've not done a lot with it but it's
635
00:43:15,985 --> 00:43:22,365
still alive because of bitcoin right like it's it's a small margin business and so you can still
636
00:43:22,365 --> 00:43:26,545
you just go do things you just start a business right like Rev you are an inspiration on this
637
00:43:26,545 --> 00:43:28,565
where you just started selling stuff
638
00:43:28,565 --> 00:43:30,265
and you're running a business
639
00:43:30,265 --> 00:43:32,085
and on a Bitcoin standard,
640
00:43:32,525 --> 00:43:36,525
as long as your inputs are less than your outputs
641
00:43:36,525 --> 00:43:40,104
or as long as you're not spending more than you make,
642
00:43:40,925 --> 00:43:41,945
like, and that can be just barely,
643
00:43:42,085 --> 00:43:43,245
it could be 1%, right?
644
00:43:43,305 --> 00:43:44,685
You can take 1% margin.
645
00:43:45,104 --> 00:43:47,965
Over time, your capacity to do more
646
00:43:47,965 --> 00:43:50,604
in that same vein is going to increase
647
00:43:50,604 --> 00:43:52,785
and you're going to be able to absorb shock
648
00:43:52,785 --> 00:43:54,624
a lot better than some of these fiat people
649
00:43:54,624 --> 00:43:56,565
trying to run a business or run anything.
650
00:43:57,325 --> 00:43:58,144
And that rough consensus,
651
00:43:58,285 --> 00:44:00,545
one of the things that Bitcoin has enlightened me
652
00:44:00,545 --> 00:44:04,285
was like, oh man, I can just start a business
653
00:44:04,285 --> 00:44:07,665
and people will just give me Bitcoin.
654
00:44:08,225 --> 00:44:11,545
Like it's a wild concept coming from,
655
00:44:12,045 --> 00:44:13,905
and I've realized this for a while,
656
00:44:14,185 --> 00:44:16,905
but you're buying it and you're buying it.
657
00:44:16,945 --> 00:44:17,865
You're like, yeah, I have to buy this.
658
00:44:17,965 --> 00:44:18,565
I have to buy this.
659
00:44:18,644 --> 00:44:21,505
And then the first time you get paid in Bitcoin
660
00:44:21,505 --> 00:44:22,845
where somebody's, you know,
661
00:44:22,845 --> 00:44:26,385
I helped somebody just like consulted with him and,
662
00:44:26,385 --> 00:44:29,425
and like he paid me in Bitcoin for this.
663
00:44:29,725 --> 00:44:30,445
And it was like,
664
00:44:30,505 --> 00:44:32,765
there's this magical unlock in my head of like,
665
00:44:33,405 --> 00:44:33,885
oh wow.
666
00:44:33,945 --> 00:44:34,945
Like if,
667
00:44:35,104 --> 00:44:39,525
if I just do things that provide value and I either incentivize or demand
668
00:44:39,525 --> 00:44:40,465
Bitcoin as payment.
669
00:44:40,585 --> 00:44:40,945
Right.
670
00:44:40,965 --> 00:44:41,545
So like people,
671
00:44:41,925 --> 00:44:43,865
people try to pay me back.
672
00:44:43,865 --> 00:44:45,765
So like one of my buddies recently,
673
00:44:45,765 --> 00:44:48,445
I paid for something for him and he bailed on the event.
674
00:44:48,445 --> 00:44:50,225
And so he like wanted like pay me back.
675
00:44:50,225 --> 00:44:50,585
Right.
676
00:44:51,144 --> 00:44:51,465
And I was like,
677
00:44:51,485 --> 00:44:51,765
no man,
678
00:44:52,045 --> 00:44:52,765
like keep it.
679
00:44:52,765 --> 00:44:57,225
I don't, I don't want your dollars. He's like, no, no, no. Like, come on. I was like, listen,
680
00:44:57,505 --> 00:45:02,765
you can give me some Bitcoin, um, or just consider a square because like, I don't,
681
00:45:03,085 --> 00:45:08,805
I don't want your dollars. Uh, and it's, it's just nice to be able to do that. And because I'm not
682
00:45:08,805 --> 00:45:12,825
worried about the dollars, right? Like they're going to print more of those. Um, and from a
683
00:45:12,825 --> 00:45:18,725
business expense, right? Like, yeah, I'll spend the dollars now and that's fine because in the
684
00:45:18,725 --> 00:45:23,265
future, these things and this knowledge and this stuff that I'm building, I'll be able to sell for
685
00:45:23,265 --> 00:45:29,405
Bitcoin. And when you can't get in on exchange anymore in the future, you're going to have to
686
00:45:29,405 --> 00:45:34,825
go out and find somebody that's willing to part with it. And so if you're not developing those
687
00:45:34,825 --> 00:45:39,124
products and those skills, then you're not going to have anything to offer the people.
688
00:45:39,725 --> 00:45:44,845
And Bitcoiners have high standards, right? That high buy that we talked about, like that's a high
689
00:45:44,845 --> 00:45:49,545
standard as well. Like I don't want trash. I want the best thing that you can offer me.
690
00:45:49,865 --> 00:45:54,705
Right. I don't want your cheap gimmicky thing because my Bitcoin is worth way more than that.
691
00:45:55,785 --> 00:46:02,305
One of the things, you know, it's such a great story to hear, right? Whenever anyone goes through
692
00:46:02,305 --> 00:46:08,144
that experience of let's call it, or like earning, earning Bitcoin, like with your time or with your
693
00:46:08,144 --> 00:46:14,225
talent or, you know what I mean? It's not like you had to go to a, it's like so many people's
694
00:46:14,225 --> 00:46:20,465
first experience with Bitcoin is this whole KYC process, right? They're taking pictures of
695
00:46:20,465 --> 00:46:26,124
themselves and pictures of their license and all this other stuff. And it's just like, what a bad
696
00:46:26,124 --> 00:46:32,745
introduction to what Bitcoin actually is, right? Bitcoin peer-to-peer electronic cash. And it's
697
00:46:32,745 --> 00:46:38,505
like, I'm going through all this rigmarole to like trade in my like garbage fiat to try to get
698
00:46:38,505 --> 00:46:44,104
some of this other stuff. And I remember too, like kind of the first time that it dawned on me
699
00:46:44,225 --> 00:46:52,065
that I was like, well, wait a minute, you know, I could spend my fiat and bring it to this exchange
700
00:46:52,065 --> 00:46:59,124
and like buy the Bitcoin that way. Or I could spend the fiat at like Home Depot and like make
701
00:46:59,124 --> 00:47:05,025
something cool and sell it to a Bitcoiner and they'll pay me in sats. And then now I'm accumulating
702
00:47:05,025 --> 00:47:10,705
like no KYC Bitcoin, which is like, you know, comes with possibly other benefits, you know,
703
00:47:10,705 --> 00:47:12,065
or other privacy things.
704
00:47:12,945 --> 00:47:14,245
But you could always, you know,
705
00:47:15,165 --> 00:47:19,305
it's just like a stack of Bitcoin that, you know,
706
00:47:19,345 --> 00:47:20,805
you have maybe a little bit more confidence
707
00:47:20,805 --> 00:47:22,385
that it's always going to be there.
708
00:47:23,085 --> 00:47:25,825
And so I like, I just love hearing about, you know,
709
00:47:25,845 --> 00:47:27,325
and it's one of the reasons why I brought up
710
00:47:27,325 --> 00:47:28,685
right at the beginning of the episode.
711
00:47:28,845 --> 00:47:30,785
Like we keep trying to get these circular economies
712
00:47:30,785 --> 00:47:33,925
kind of kickstarted everywhere that we can.
713
00:47:35,245 --> 00:47:38,985
So I don't know, I guess always good to hear stories
714
00:47:38,985 --> 00:47:40,045
about when that's happening.
715
00:47:40,705 --> 00:47:47,165
Um, so I, I guess since I didn't really have a question there, I did want to ask you, and
716
00:47:47,165 --> 00:47:52,225
this is maybe going back half a topic, but on the Bitcoin veterans thing, I heard you
717
00:47:52,225 --> 00:47:58,085
loosely mentioned this, um, on an episode with Marty Bent on TFTC, where you guys started
718
00:47:58,085 --> 00:48:01,644
talking just a little bit about like the software thesis, right?
719
00:48:01,685 --> 00:48:03,265
So this would be like the Jason Lowry thing.
720
00:48:03,985 --> 00:48:07,045
And we don't need to dive like super deep into that.
721
00:48:07,045 --> 00:48:30,985
But Rev and I have been kind of independently, not even necessarily through that lens, we've been kind of talking about the importance of internet infrastructure. Bitcoin does still rely on the internet. There are some critical physical assets that exist in meatspace that maybe they should be protected.
722
00:48:31,845 --> 00:48:33,825
And I haven't read the book.
723
00:48:34,165 --> 00:48:36,725
I am familiar generally with the software thesis.
724
00:48:37,465 --> 00:48:41,245
But one of the things in there that does make sense to me
725
00:48:41,245 --> 00:48:44,945
is the fact that we do still have physical real-world assets
726
00:48:44,945 --> 00:48:48,365
that should probably be protected.
727
00:48:48,865 --> 00:48:51,505
And when you're talking about physical real-world assets,
728
00:48:52,165 --> 00:48:55,285
that's kind of what the military is supposed to do,
729
00:48:55,365 --> 00:48:56,365
at least from my lens,
730
00:48:56,445 --> 00:48:59,825
at least when it's talking about the defense of our country, for example.
731
00:48:59,825 --> 00:49:06,825
you know maybe not like starting wars elsewhere but you know again um so i i'm not sure i've heard
732
00:49:06,825 --> 00:49:12,045
your opinion on like maybe that looking at it through that lens but i guess what are your
733
00:49:12,045 --> 00:49:18,525
thoughts about where the military may or may not fit into you know what bitcoin is doing and how
734
00:49:18,525 --> 00:49:19,365
Bitcoin operates.
735
00:49:21,084 --> 00:49:21,485
Yeah.
736
00:49:27,084 --> 00:49:28,205
The software thing,
737
00:49:28,305 --> 00:49:29,104
it's a great thesis.
738
00:49:29,445 --> 00:49:30,205
I think it falls apart
739
00:49:30,205 --> 00:49:31,084
in a practical application.
740
00:49:31,225 --> 00:49:31,805
I'll just say that
741
00:49:31,805 --> 00:49:32,785
and we can leave that there.
742
00:49:34,084 --> 00:49:35,005
But to your point
743
00:49:35,005 --> 00:49:36,285
about the physical infrastructure,
744
00:49:36,465 --> 00:49:38,584
this is where I think
745
00:49:38,584 --> 00:49:39,905
as a Bitcoiner
746
00:49:39,905 --> 00:49:40,865
in your local area,
747
00:49:40,985 --> 00:49:41,945
understanding maybe
748
00:49:41,945 --> 00:49:42,925
what those are, right?
749
00:49:43,005 --> 00:49:43,845
Like, you know what would be great
750
00:49:43,845 --> 00:49:44,945
is a Bitcoiner buying
751
00:49:44,945 --> 00:49:47,285
like a telecommunication company,
752
00:49:47,865 --> 00:49:48,505
right?
753
00:49:48,525 --> 00:49:54,765
or some ISP. You know what I mean? Like these are the things that maybe are not yet realizable
754
00:49:54,765 --> 00:50:02,225
by a lot of Bitcoiners, but as time goes on and as the debasement happens and as, you know,
755
00:50:02,285 --> 00:50:09,564
the whole like gulch gulch idea happens where it's like, oh, these Bitcoiners are like doing things
756
00:50:09,564 --> 00:50:15,865
and what some of these Bitcoiners are doing are buying businesses. And it's crazy to think about
757
00:50:15,865 --> 00:50:18,665
because we're talking about this Bitcoin stuff
758
00:50:18,665 --> 00:50:19,425
like publicing stuff,
759
00:50:19,644 --> 00:50:21,165
but there's like psychopaths out there.
760
00:50:21,345 --> 00:50:23,205
And I say that as a loving, endearing term,
761
00:50:23,465 --> 00:50:25,905
but they're just stacking sats
762
00:50:25,905 --> 00:50:28,465
and they're just like living normal lives
763
00:50:28,465 --> 00:50:30,065
and like succeeding in business.
764
00:50:30,505 --> 00:50:33,445
And I think there are more people
765
00:50:33,445 --> 00:50:35,545
that are just like regular Joe Blow people
766
00:50:35,545 --> 00:50:36,385
that have figured this out
767
00:50:36,385 --> 00:50:37,705
that are just like chill about it
768
00:50:37,705 --> 00:50:38,845
and are not like public
769
00:50:38,845 --> 00:50:40,104
and wearing the shirts and everything.
770
00:50:40,765 --> 00:50:41,265
But they are,
771
00:50:41,665 --> 00:50:44,104
because they have this asymmetric advantage
772
00:50:44,104 --> 00:50:47,025
and that the mental shift that happens
773
00:50:47,025 --> 00:50:49,165
when you start to adopt Bitcoin as a unit of account,
774
00:50:49,765 --> 00:50:52,025
the lowering the time preferences
775
00:50:52,025 --> 00:50:56,865
is going to make you excel everywhere else in life as well.
776
00:50:57,584 --> 00:51:00,445
Because low time preference isn't just like a monetary thing.
777
00:51:00,624 --> 00:51:02,845
It's like you have low time preference.
778
00:51:02,925 --> 00:51:04,665
That means like at your job, you're going to do well
779
00:51:04,665 --> 00:51:07,285
because you want to succeed and like climb whatever ladder it is
780
00:51:07,285 --> 00:51:09,525
and like take over this company, right?
781
00:51:09,565 --> 00:51:13,805
Or you want to save all your money to buy out some company, right?
782
00:51:13,805 --> 00:51:18,325
We're going to have a ton of boomers all retiring soon that have successful businesses.
783
00:51:19,265 --> 00:51:21,545
And guess who's going to have money to actually buy those businesses?
784
00:51:22,345 --> 00:51:23,385
The Bitcoiners, right?
785
00:51:23,765 --> 00:51:25,085
I see this happening.
786
00:51:25,205 --> 00:51:26,144
I see this materializing.
787
00:51:26,365 --> 00:51:28,205
And I almost see it as a call to action, right?
788
00:51:28,465 --> 00:51:32,965
As a Bitcoiner, if you're not thinking about what you can do in your lifetime with some
789
00:51:32,965 --> 00:51:36,644
percentage of your stack, now, yes, please pass it down to your generation.
790
00:51:37,285 --> 00:51:42,845
And I pray that the seventh generation of RevHoddles will receive Bitcoin or the seventh
791
00:51:42,845 --> 00:51:49,445
generation of read will receive sats that you have stacked today right that's great but there's
792
00:51:49,445 --> 00:51:54,945
also a percentage of your stack that you can take and you can consider in the next 10 to 20 years
793
00:51:54,945 --> 00:52:03,385
what can you do with that right like i my personal aspiration is i want to start meat processing
794
00:52:03,385 --> 00:52:09,965
right like beef processing it's actually a gap in my current area like the local butchers are like
795
00:52:09,965 --> 00:52:14,245
backed up. We got a lot of homesteaders around here. We've got, you know, they're, they're just
796
00:52:14,245 --> 00:52:18,905
backed up. There's, there's high demand and there's not a lot of people doing it. And so one of the
797
00:52:18,905 --> 00:52:23,285
things that I often entertain myself is like, there's a certain number when it goes up high
798
00:52:23,285 --> 00:52:27,624
enough. That's like, I'm ready to deploy some capital and go start a meat processing facility.
799
00:52:28,305 --> 00:52:33,644
That's a huge endeavor. So it might not be for, you know, next year. It might not be two years
800
00:52:33,644 --> 00:52:38,245
from now, but having that as a goal and as an aspiration, like if you're, if you're a Bitcoin
801
00:52:38,245 --> 00:52:39,825
or thinking low time preference,
802
00:52:40,644 --> 00:52:43,144
you should be thinking about some of these things.
803
00:52:43,225 --> 00:52:44,005
You should be thinking about
804
00:52:44,005 --> 00:52:46,885
what is something that you can acquire
805
00:52:46,885 --> 00:52:48,585
that is a productive asset
806
00:52:48,585 --> 00:52:50,025
that's not necessarily Bitcoin,
807
00:52:50,365 --> 00:52:52,165
but that will then generate Bitcoin to you.
808
00:52:52,285 --> 00:52:54,065
And I feel like I'm preaching the choir here
809
00:52:54,065 --> 00:52:55,585
with Rev on the call especially,
810
00:52:56,085 --> 00:52:59,825
but you can use your Bitcoin to acquire other things, right?
811
00:52:59,905 --> 00:53:02,104
The HODL crowd, I love them to death.
812
00:53:02,405 --> 00:53:03,205
The people that are like,
813
00:53:03,265 --> 00:53:05,385
HODL never spend, that's fantastic.
814
00:53:05,624 --> 00:53:06,705
If that's you, I love you
815
00:53:06,705 --> 00:53:08,485
because you're going to pump my bags for me.
816
00:53:09,245 --> 00:53:10,505
And I need my bags pumped
817
00:53:10,505 --> 00:53:12,225
so I can go buy a meat processing facility
818
00:53:12,225 --> 00:53:13,124
or open one up
819
00:53:13,124 --> 00:53:14,885
or buy like a mobile trailer
820
00:53:14,885 --> 00:53:16,845
to like do this on the fly, right?
821
00:53:17,365 --> 00:53:19,365
So it's just,
822
00:53:19,584 --> 00:53:20,725
it always blows my mind
823
00:53:20,725 --> 00:53:22,165
this like beautiful symbiosis
824
00:53:22,165 --> 00:53:23,905
of like the people that just like,
825
00:53:24,124 --> 00:53:26,084
sure, you can just like be a greedy hodler or whatever.
826
00:53:26,185 --> 00:53:28,485
And I say greedy as like a bad thing,
827
00:53:28,505 --> 00:53:29,365
but it's actually very good.
828
00:53:29,425 --> 00:53:30,925
Like, please hold the sats,
829
00:53:31,405 --> 00:53:33,025
buy them, never get rid of them,
830
00:53:33,325 --> 00:53:34,165
die with them,
831
00:53:34,465 --> 00:53:35,945
let them go to, you know,
832
00:53:35,945 --> 00:53:41,285
the grave with you because that just makes my Bitcoin that I'm going to pass down to my kids
833
00:53:41,285 --> 00:53:46,845
even more valuable. So there's like no bad position on whether you're hodling or spending,
834
00:53:47,044 --> 00:53:52,665
but my encouragement and my call to action is consider what you can do with just a percentage
835
00:53:52,665 --> 00:53:58,845
of it. Right. And maybe that's just making your life more comfortable because that's nice. But
836
00:53:58,845 --> 00:54:02,604
once you have a comfortable life and you don't need much to have a comfortable life, like
837
00:54:02,604 --> 00:54:04,745
you don't need a Lambo, you don't need a mansion,
838
00:54:05,485 --> 00:54:08,045
but you can take a percentage of your stack
839
00:54:08,045 --> 00:54:11,185
and improve the lives of those around you as well
840
00:54:11,185 --> 00:54:14,065
by buying a business and being able to run it.
841
00:54:14,165 --> 00:54:17,144
Like that business now is jobs for other people, right?
842
00:54:17,205 --> 00:54:18,745
And those people, guess what?
843
00:54:18,805 --> 00:54:20,205
They might be like, hey man, how'd you afford this?
844
00:54:20,225 --> 00:54:21,745
You'd be like, well, there's this Bitcoin thing.
845
00:54:22,485 --> 00:54:25,644
And eventually like one of the Bitcoin veterans I know
846
00:54:25,644 --> 00:54:29,425
had a vending machine in his office,
847
00:54:29,425 --> 00:54:31,505
like the place that he owned.
848
00:54:31,505 --> 00:54:33,265
and it was like Bitcoin only.
849
00:54:33,945 --> 00:54:35,705
So you can only get stuff from the vending machine
850
00:54:35,705 --> 00:54:36,485
if you had Bitcoin.
851
00:54:36,845 --> 00:54:38,485
And he would offer to like pay, you know,
852
00:54:39,044 --> 00:54:41,405
pays employees in Bitcoin or like, you know,
853
00:54:41,644 --> 00:54:43,285
swap for them peer to peer sort of thing.
854
00:54:43,624 --> 00:54:44,885
And so it just became this thing.
855
00:54:44,965 --> 00:54:46,305
It's like, oh, if you wanted a soda
856
00:54:46,305 --> 00:54:47,905
from the vending machine, like, well,
857
00:54:48,005 --> 00:54:50,025
you better have some Bitcoin in whatever your account.
858
00:54:50,365 --> 00:54:51,745
Like most of the employees, like he said,
859
00:54:51,765 --> 00:54:53,564
were just like on strike or river or whatever.
860
00:54:53,665 --> 00:54:55,245
And like, that's fine because they just want it
861
00:54:55,245 --> 00:54:56,405
for the vending machine, right?
862
00:54:56,564 --> 00:54:58,064
But it's a touch point for them
863
00:54:58,064 --> 00:54:59,785
that maybe they do get, you know,
864
00:54:59,785 --> 00:55:04,485
a hundred bucks in Bitcoin and they use it for the vending machine. And then over time,
865
00:55:04,525 --> 00:55:08,825
they just kind of forget about it. Right. The same old story that like you hear time and time
866
00:55:08,825 --> 00:55:11,865
again, like people get it, they forget it. And then they come back and they're like, oh shit,
867
00:55:11,865 --> 00:55:17,144
like this is worth money now. Um, and it just, it's another one of those like touch points for
868
00:55:17,144 --> 00:55:28,025
people to, to start to understand what's happening. Bitcoin is financial capital and capital is like,
869
00:55:28,025 --> 00:55:31,144
that's a thing that you utilize for productive means.
870
00:55:31,644 --> 00:55:35,285
So the act of just hodling it sure can be productive in some way,
871
00:55:35,285 --> 00:55:41,104
but the more that I found that I have this saying, right?
872
00:55:41,144 --> 00:55:43,825
I hold a few dollars for a short period of time as possible,
873
00:55:44,265 --> 00:55:46,465
as much Bitcoin for as long a period of time as possible.
874
00:55:47,045 --> 00:55:49,465
And then by building these networks like Bitcoin Veterans,
875
00:55:49,624 --> 00:55:51,505
doing your Bitcoin meetup, meeting other Bitcoiners,
876
00:55:51,624 --> 00:55:56,385
that affords you more opportunities to use your Bitcoin productively
877
00:55:56,385 --> 00:55:58,425
because now you've got somebody else who wants it
878
00:55:58,425 --> 00:56:00,564
or you have somebody else that has it
879
00:56:00,564 --> 00:56:01,685
that wants something from you.
880
00:56:02,345 --> 00:56:04,845
And so now you can start to actually use the Bitcoin
881
00:56:04,845 --> 00:56:06,245
as a productive means.
882
00:56:06,785 --> 00:56:09,325
And there's some criticism maybe that like,
883
00:56:09,405 --> 00:56:11,604
okay, if I'm spending Bitcoin today
884
00:56:11,604 --> 00:56:14,265
instead of a year from now or five years from now
885
00:56:14,265 --> 00:56:15,205
or 10 years from now,
886
00:56:15,505 --> 00:56:18,245
oh, couldn't I just get so much more stuff if I waited?
887
00:56:18,825 --> 00:56:21,765
But at the same time, we need to like have,
888
00:56:22,465 --> 00:56:23,965
going back to the infrastructure thing,
889
00:56:24,044 --> 00:56:25,785
like literally we're just, all this stuff is
890
00:56:25,785 --> 00:56:30,565
because there's wires like running across the ocean and shit that are connecting everything
891
00:56:30,565 --> 00:56:36,185
together. And if the Bitcoiners aren't owning the wires, then we're susceptible to those wires not
892
00:56:36,185 --> 00:56:42,225
being maintained at some point. Right. If this fiat system suddenly collapses and the people that
893
00:56:42,225 --> 00:56:46,985
are in control of those wires decide that they can't continue to maintain those wires and we lose
894
00:56:46,985 --> 00:56:53,925
that, then we're in trouble. And so it's it's obviously starting small and leading from this,
895
00:56:53,925 --> 00:57:00,345
you know more uh stuff that's like immediately of your concern the butchering that is a problem
896
00:57:00,345 --> 00:57:06,144
that i actually have right where i can't it's very difficult for me to get uh processing for my sheet
897
00:57:06,144 --> 00:57:12,425
and so yeah if the one way to do it is just to start doing it yourself and then do it all through
898
00:57:12,425 --> 00:57:18,665
uh this this mesh del style uh bitcoin only lens and you're just operating within the bitcoin
899
00:57:18,665 --> 00:57:25,945
ecosystem and culture altogether. Or like you said, you can just be a Bitcoiner who does meat
900
00:57:25,945 --> 00:57:31,245
processing and you do it for the fiat folks and you do it for the Bitcoiners too. And this leads
901
00:57:31,245 --> 00:57:42,385
to the actual revolution turning into the Renaissance. And so we're coming up on the hour
902
00:57:42,385 --> 00:57:48,745
here, but we haven't touched on mining. And I do, I consider myself a bit of a Bitcoin miner.
903
00:57:49,305 --> 00:57:55,665
And I listened to you talk on Bitcoin Optech recently about some stuff you've been working
904
00:57:55,665 --> 00:58:01,845
on with Stratum B2, some ideas around doing silent payments in the Coinbase payout and stuff like
905
00:58:01,845 --> 00:58:06,345
that. I don't know how technical you want to go into it as far as what you're doing with the mining
906
00:58:06,345 --> 00:58:11,285
side of things, but I think we should at least touch on the mining stuff a little bit before we
907
00:58:11,285 --> 00:58:18,205
wrap it up here yeah mining is the best way to acquire um as one of the guys i think his name's
908
00:58:18,205 --> 00:58:26,104
kent calls it wild sats right it's no kyc bitcoin when you mine bitcoin um especially if you hit a
909
00:58:26,104 --> 00:58:33,624
block like that's like fresh pristine virgin bitcoin um and nobody is going to stop you from
910
00:58:33,624 --> 00:58:38,185
mining if you have the internet if you have those wires if you have a starlink or if you have t-mobile
911
00:58:38,185 --> 00:58:41,544
internet or whatever it is, if you have the internet and you have the right hardware,
912
00:58:42,124 --> 00:58:49,624
you can just start mining Bitcoin. The crazy thing about mining is this energy sniffing out,
913
00:58:49,745 --> 00:58:55,604
like if you have energy, if you have a creek running across your backyard and you can turn
914
00:58:55,604 --> 00:59:02,044
that creek into energy and you can start mining Bitcoin with it. So it's almost like alchemy
915
00:59:02,044 --> 00:59:06,905
where you can just like take things and turn it into Bitcoin. Now you need the hardware,
916
00:59:06,905 --> 00:59:08,845
but the hardware is becoming way more accessible.
917
00:59:10,465 --> 00:59:11,845
You mentioned the OpTec thing.
918
00:59:15,245 --> 00:59:16,024
I'll say this.
919
00:59:16,385 --> 00:59:19,044
One of the things I see in the Bitcoin industry,
920
00:59:19,144 --> 00:59:21,265
and it's why I started going this direction,
921
00:59:22,465 --> 00:59:25,564
and I was very fortunate to encounter and get a job in mining,
922
00:59:26,024 --> 00:59:28,624
but there's not a lot of sophistication in mining.
923
00:59:28,865 --> 00:59:29,405
I'll say that.
924
00:59:30,044 --> 00:59:32,425
And that's because you had this ASIC boom,
925
00:59:32,805 --> 00:59:34,685
and you had a bunch of people that just realized
926
00:59:34,685 --> 00:59:36,885
they could plug these into machines, and they could get money.
927
00:59:36,905 --> 00:59:51,245
And when they talked about money, they mean like fiat money, right? So a lot of like the hash rate that came online over the past decade, we'll say, was people just like seeking profits, right? In fiat terms, not necessarily Bitcoin.
928
00:59:51,245 --> 01:00:07,124
Now there's a few people and there's a lot of people that are like, understand what it is and are, you know, doing natural gas wells in the hills somewhere and, you know, mining and, and getting doing quite well with that. Right. Legends is what we call those people.
929
01:00:07,124 --> 01:00:14,945
but there's a lack of sophistication in the bitcoin mining space that i i saw and especially
930
01:00:14,945 --> 01:00:19,084
once i actually got into the space it's been about two and a half years now once i got into
931
01:00:19,084 --> 01:00:23,745
the space i saw that there's this lack of sophistication meant that there we're not
932
01:00:23,745 --> 01:00:28,765
using mining to its fullest potential because the coinbase transaction the first transaction
933
01:00:28,765 --> 01:00:33,624
in each block is which is how miners get paid so when you mine a block when you win a block
934
01:00:33,624 --> 01:00:35,525
you get paid via the Coinbase transaction.
935
01:00:37,445 --> 01:00:39,985
Of late, the coolest thing that's happened
936
01:00:39,985 --> 01:00:43,045
is Ocean Mining Pool paying out everybody in the Coinbase.
937
01:00:43,465 --> 01:00:44,525
So you give them your address
938
01:00:44,525 --> 01:00:46,285
and they will pay you out in the Coinbase
939
01:00:46,285 --> 01:00:47,285
if you make enough.
940
01:00:47,865 --> 01:00:50,624
So there's this giant chasm I see
941
01:00:50,624 --> 01:00:53,765
where one, we can do cool shit in the Coinbase.
942
01:00:54,405 --> 01:00:56,045
So the proposal you mentioned on Optech
943
01:00:56,045 --> 01:00:59,084
is there's no reason why we can't pay out
944
01:00:59,084 --> 01:01:01,564
silent payment addresses in the Coinbase.
945
01:01:01,564 --> 01:01:06,445
right because right now when you mine with ocean you give them a single address and now all of your
946
01:01:06,445 --> 01:01:11,185
hash rate is associated to that address and it's paid out on chain and it's always paid out on
947
01:01:11,185 --> 01:01:15,004
chain to the same address now do you want to go through and cycle your address on every single one
948
01:01:15,004 --> 01:01:22,604
of your miners every time no so the proposal and what is technically in feasible with software
949
01:01:22,604 --> 01:01:29,385
and i've done this on testnet 4 i actually um i had made a modification to the stratum b2 pool
950
01:01:29,385 --> 01:01:32,885
where you gave it a wildcard descriptor.
951
01:01:33,405 --> 01:01:35,425
So you give it like basically an XPUB, we'll say.
952
01:01:36,104 --> 01:01:37,785
It's the simplest way to describe it.
953
01:01:38,144 --> 01:01:40,805
And then the pool, every block that it found
954
01:01:40,805 --> 01:01:43,025
would just rotate to a new address
955
01:01:43,025 --> 01:01:45,165
using the derivation path.
956
01:01:45,265 --> 01:01:47,604
It would bump one up on the derivation path.
957
01:01:47,865 --> 01:01:48,685
It's a little bit technical.
958
01:01:48,965 --> 01:01:49,865
So if you don't understand,
959
01:01:50,205 --> 01:01:52,265
basically you give a master public key
960
01:01:52,265 --> 01:01:54,345
to the pool that you're mining with
961
01:01:54,345 --> 01:01:57,465
and it would automatically rotate a new address
962
01:01:57,465 --> 01:01:58,245
for every block.
963
01:01:58,245 --> 01:02:00,905
meaning you're not getting paid to the same address.
964
01:02:01,025 --> 01:02:02,905
You're not doxing this giant stack of Bitcoin
965
01:02:02,905 --> 01:02:04,104
to go into the same address.
966
01:02:04,545 --> 01:02:06,525
If you're worried about the quantum stuff,
967
01:02:06,785 --> 01:02:09,705
it's not good to use addresses, reuse addresses.
968
01:02:10,104 --> 01:02:12,084
But most Bitcoiners that I've talked to
969
01:02:12,084 --> 01:02:14,845
in my personal understanding, and it's true,
970
01:02:15,144 --> 01:02:18,064
is like address reuse is a privacy concern, right?
971
01:02:18,325 --> 01:02:19,665
If you're reusing the same address,
972
01:02:19,705 --> 01:02:21,425
if I send you Bitcoin to that address,
973
01:02:21,665 --> 01:02:23,685
I can see how much Bitcoin you have.
974
01:02:23,905 --> 01:02:35,637
If you sending me Bitcoin from an address that you reused I can see that transaction history And so you you basically you putting to tie this all back to the veteran thing Like it a horrible
975
01:02:35,637 --> 01:02:41,677
OPSEC, right? Like I don't, if I'm buying mesh-tastic radios from you, Reed, you don't need
976
01:02:41,677 --> 01:02:45,917
to know how much Bitcoin I have. Right. And that's the thing that a lot of people miss when they
977
01:02:45,917 --> 01:02:50,777
think about address reuse. And again, in the mining space, you're either mining with a giant
978
01:02:50,777 --> 01:02:56,897
KYC pool where you have an address or you have an account and it's all, you know, login and
979
01:02:56,897 --> 01:03:02,477
everything like that. And you have to go ask for the money. A step better than that is ocean pool
980
01:03:02,477 --> 01:03:07,477
where that you just give them a Bitcoin address, but still it's a single static address, right?
981
01:03:07,477 --> 01:03:11,197
And so you get paid out to the same static address over and over and over again.
982
01:03:11,977 --> 01:03:14,777
There's a few things coming down the pipe that I'm pretty bullish about.
983
01:03:14,777 --> 01:03:20,957
uh peterpool v2 is been being worked on and there's like some serious talent being allocated
984
01:03:20,957 --> 01:03:26,977
to that to reviving that where basically you create like another blockchain of of the mining
985
01:03:26,977 --> 01:03:31,357
shares and that's kind of how you do the accounting but everybody gets paid out on chain as far as
986
01:03:31,357 --> 01:03:37,237
you're going as far as it's almost like a side chain specifically for hash rate um i personally
987
01:03:37,237 --> 01:03:42,237
have been working on something called e-hash so if you're familiar with like the chow mein e-cash
988
01:03:42,237 --> 01:03:48,277
cashew proposal it's not bitcoin but in my opinion it's the best shit coin um it is a privacy
989
01:03:48,277 --> 01:03:53,597
preserving token that can represent whatever you want now the first use case that has found like
990
01:03:53,597 --> 01:03:59,777
wide broad adoption is chiamini cash backed by bitcoin enabled by lightning network right that's
991
01:03:59,777 --> 01:04:03,857
what that's what cashew is i'm taking that same concept because all you're doing is you're creating
992
01:04:03,857 --> 01:04:10,237
a database right that has this blinded tokens now the database holder is blinded from the users so
993
01:04:10,237 --> 01:04:14,137
they don't know who the token holders are necessarily or who they're issuing them to
994
01:04:14,137 --> 01:04:19,277
necessarily. You take that same principle. So instead of you mining to a pool that says,
995
01:04:19,417 --> 01:04:24,557
Hey, I'm just going to tally it up. Like RevHoddle's account, you know, a terahash here,
996
01:04:24,617 --> 01:04:31,077
a terahash there. It just becomes, you give me a mining pool share, you contribute proof of work
997
01:04:31,077 --> 01:04:37,357
to me. And then I give you an e-cash token that represents your share of the pool. So it's still
998
01:04:37,357 --> 01:04:42,357
a database, but now you have this privacy break where the linkage between the ownership of those
999
01:04:42,357 --> 01:04:47,517
tokens and the hash rate being provided is obfuscated, right? Because pools are inherently
1000
01:04:47,517 --> 01:04:52,877
centralized. Like it's just pools are centralized in mining. It's by nature. You're pooling together
1001
01:04:52,877 --> 01:04:57,437
the resources to try to win a block. And I don't think they're going away anytime soon. We've got
1002
01:04:57,437 --> 01:05:01,897
a couple of havings go until they get really shaken out. But, you know, these novel techniques
1003
01:05:01,897 --> 01:05:05,737
where you can pay things in the Coinbase, you know, I was just chatting with some of the guys
1004
01:05:05,737 --> 01:05:08,517
that run ARK, the second.tech guys,
1005
01:05:08,737 --> 01:05:09,857
the Bark implementation,
1006
01:05:10,037 --> 01:05:11,597
it's another layer two of Bitcoin.
1007
01:05:13,917 --> 01:05:16,597
I'm very confident now that you can mine
1008
01:05:16,597 --> 01:05:20,017
a Coinbase directly into one of these ARKs
1009
01:05:20,017 --> 01:05:22,137
and then that would enable a pool
1010
01:05:22,137 --> 01:05:25,157
to receive that as, they call them VTXOs,
1011
01:05:25,517 --> 01:05:28,137
but those VTXOs become like spendable to the users
1012
01:05:28,137 --> 01:05:29,617
in small denominations
1013
01:05:29,617 --> 01:05:32,697
and it's all within that ARK
1014
01:05:32,697 --> 01:05:34,277
so you're not like hitting the main chain
1015
01:05:34,277 --> 01:05:35,657
with who's getting paid out with what.
1016
01:05:35,737 --> 01:05:41,237
but yeah all that to say is like mining and cool things done in the coinbase with mining
1017
01:05:41,237 --> 01:05:48,337
is something that I'm very passionate about and you know I work when I can outside of my fiat job
1018
01:05:48,337 --> 01:05:53,737
on cool things like that and I do what I can to exert my power and influence in my fiat job
1019
01:05:53,737 --> 01:05:59,497
to bring about awesome changes that that will help you know everybody mining bitcoin out there
1020
01:05:59,497 --> 01:06:05,597
yeah i'm dude i'm so bullish on all the stuff that's going on in mining i feel like mining is
1021
01:06:05,597 --> 01:06:11,177
like so far behind and it's in maybe it's because it was centralized maybe it's because it was a lot
1022
01:06:11,177 --> 01:06:16,417
of it was based on closed source hardware closed source software like all that stuff but i'm really
1023
01:06:16,417 --> 01:06:21,637
pumped with the 256 foundation specifically like being able to develop a lot of this open source
1024
01:06:21,637 --> 01:06:27,877
mining stuff i really just feel like we've barely barely begun to scratch the surface of some really
1025
01:06:27,877 --> 01:06:35,617
cool stuff that can happen in the Bitcoin mining stack. And to bring it back to meetups,
1026
01:06:36,137 --> 01:06:40,097
one of the things we've said this actually on previous episodes, this is a point that I made
1027
01:06:40,097 --> 01:06:46,077
like way early on in the show. One of the coolest things about Bitcoin mining is it makes for great
1028
01:06:46,077 --> 01:06:54,437
meetup content material because it brings the digital into the physical, right? So now I talked
1029
01:06:54,437 --> 01:06:55,777
about having a show and tell before.
1030
01:06:56,517 --> 01:06:58,737
Well, everybody likes when you can bring in something,
1031
01:06:58,797 --> 01:06:59,637
especially in Bitcoin,
1032
01:06:59,817 --> 01:07:02,177
where you can't actually bring in a Bitcoin, right?
1033
01:07:02,457 --> 01:07:03,597
Like it's all this digital,
1034
01:07:03,977 --> 01:07:06,117
like not, it's not,
1035
01:07:06,537 --> 01:07:08,697
there's not a physical thing that goes along with it,
1036
01:07:08,737 --> 01:07:10,657
but you can bring in an old S9 miner
1037
01:07:10,657 --> 01:07:13,037
and take it apart and pull out the hashboards
1038
01:07:13,037 --> 01:07:14,557
and show people what the chips are
1039
01:07:14,557 --> 01:07:15,537
and all this other stuff.
1040
01:07:16,817 --> 01:07:17,557
That's a great idea.
1041
01:07:17,557 --> 01:07:19,177
I'm going to take mine to this meetup on Saturday.
1042
01:07:19,317 --> 01:07:19,637
Thank you.
1043
01:07:20,297 --> 01:07:21,317
It's so easy, right?
1044
01:07:21,357 --> 01:07:22,697
You don't need a screen, right?
1045
01:07:22,757 --> 01:07:23,697
You don't need a presentation.
1046
01:07:23,697 --> 01:07:25,917
you could just bring it in and plop it on the table
1047
01:07:25,917 --> 01:07:27,437
and everybody's like oh wow
1048
01:07:27,437 --> 01:07:30,137
that's what that is I didn't know what that actually was
1049
01:07:30,137 --> 01:07:33,657
so yeah so
1050
01:07:33,657 --> 01:07:35,457
this has been a great conversation
1051
01:07:35,457 --> 01:07:36,457
and
1052
01:07:36,457 --> 01:07:40,017
boy I don't know if I'm trying to think
1053
01:07:40,017 --> 01:07:41,937
about like maybe how I would
1054
01:07:41,937 --> 01:07:43,897
kind of summarize or some key
1055
01:07:43,897 --> 01:07:44,837
takeaways I have to stop you Reed
1056
01:07:44,837 --> 01:07:48,117
before you try and wrap it up there is one more
1057
01:07:48,117 --> 01:07:50,057
like really cool thing that
1058
01:07:50,057 --> 01:07:51,797
I want to talk about in relation to the
1059
01:07:51,797 --> 01:07:52,897
pool mining and stuff
1060
01:07:52,897 --> 01:08:07,377
I brought this up years ago at my local meetup and everyone thought I was insane. And that was that I thought that pools would become localized and that you'd be you'd be hashing in a local environment.
1061
01:08:07,917 --> 01:08:17,437
Because imagine if everybody in your meetup and in your community has a Bitcoin mining hot water heater, a Bitcoin mining clothes dryer, a Bitcoin mining greenhouse, everything.
1062
01:08:17,437 --> 01:08:20,837
all these electric heat sources are mining Bitcoin.
1063
01:08:21,577 --> 01:08:23,677
Now, why would you want to participate in a pool
1064
01:08:23,677 --> 01:08:29,677
that is, you would benefit way better when you win
1065
01:08:29,677 --> 01:08:32,397
if the community, all that Bitcoin goes directly
1066
01:08:32,397 --> 01:08:33,517
to your local community
1067
01:08:33,517 --> 01:08:35,517
rather than this Bitcoin being distributed out.
1068
01:08:35,897 --> 01:08:38,697
And Gary, I know that you've brought this up as well,
1069
01:08:38,697 --> 01:08:43,037
that there's a potential here as things change
1070
01:08:43,037 --> 01:08:47,097
for pools to become more of a local phenomenon.
1071
01:08:47,437 --> 01:08:52,737
I guess if you want to share your ideas on that, if you, if you agree with me on that.
1072
01:08:54,137 --> 01:09:00,537
No, I, I, I 100% agree. And I think a lot of people sleep on it. Um, it touches on something
1073
01:09:00,537 --> 01:09:05,017
that is somewhat triggering for some people, but you talk about private mempools, right?
1074
01:09:05,717 --> 01:09:10,337
And you might think of that and you're like, Ooh, that's bad. But, uh, private mempools,
1075
01:09:10,337 --> 01:09:14,357
in my opinion, especially with your thesis there that I fully agree with where if we're,
1076
01:09:14,357 --> 01:09:20,937
we're a local community and we're all hashing for whatever reason, right? Why would we put any fees
1077
01:09:20,937 --> 01:09:26,577
on our transactions? Right? We can just include them in our block templates, right? Our local
1078
01:09:26,577 --> 01:09:32,057
meetup can mine a block with our transactions in it. And all we have to do is hit it like once a
1079
01:09:32,057 --> 01:09:37,637
month, maybe, maybe once a quarter, depends on what your time preference is. But what that means
1080
01:09:37,637 --> 01:09:41,857
is within the local meetup, you don't need to pay a fee on your transaction anymore because it's in
1081
01:09:41,857 --> 01:09:47,617
the local pools mempool, right? Everybody that's like participating in this, this pool that is
1082
01:09:47,617 --> 01:09:52,097
geographically coordinated or not even geographically, just like economically coordinating.
1083
01:09:52,597 --> 01:09:58,357
You can close your books out with each other by having zero fee transactions and just say, Hey,
1084
01:09:58,577 --> 01:10:02,437
put these in block because it's part of, you know, the Western mass Bitcoin meetup, right?
1085
01:10:03,457 --> 01:10:06,897
Nobody else is going to want to mind that transaction. So it's not that you have to
1086
01:10:06,897 --> 01:10:11,957
have like a private mempool per se, but it's just like, why, you know, me as like some other pool,
1087
01:10:12,077 --> 01:10:16,537
why would I mine your zero fee transaction? Now, maybe the black space empty and like,
1088
01:10:16,617 --> 01:10:21,777
you just do it just because, but like the economic incentive to mine is that transaction fee that
1089
01:10:21,777 --> 01:10:27,617
you're attaching to it. But what I think is going to happen is the sort of the buy-in that, that,
1090
01:10:27,617 --> 01:10:32,697
that transaction fee is going to be translated into energy costs where instead of paying a
1091
01:10:32,697 --> 01:10:38,437
transaction fee. I'm going to exert the energy that I have, the capacity for energy exertion,
1092
01:10:38,597 --> 01:10:43,597
and I'm going to use that to mine Bitcoin. And in so doing that, it's going to be enough for me to
1093
01:10:43,597 --> 01:10:49,117
be included in a block with the rest of my pool, right? Because we're all kind of like pooling our
1094
01:10:49,117 --> 01:10:55,777
energy here. So we don't need to exchange Bitcoin as a fee to this mining pool. We just have a zero
1095
01:10:55,777 --> 01:11:02,457
fee transaction. Well, and it's also like when you get into that situation, you can continuously
1096
01:11:02,457 --> 01:11:05,137
make more transactions
1097
01:11:05,137 --> 01:11:07,577
there'll just be a chain
1098
01:11:07,577 --> 01:11:09,397
right so it's not like
1099
01:11:09,397 --> 01:11:11,897
you need to have settlement if you have trust
1100
01:11:11,897 --> 01:11:13,117
right in your community
1101
01:11:13,117 --> 01:11:15,617
that this Bitcoin is
1102
01:11:15,617 --> 01:11:17,377
sitting in our private mempool
1103
01:11:17,377 --> 01:11:19,677
and this transaction is happening now I can go and
1104
01:11:19,677 --> 01:11:21,717
spend that Bitcoin even though it hasn't been confirmed
1105
01:11:21,717 --> 01:11:23,777
yet because I trust that
1106
01:11:23,777 --> 01:11:25,897
you know this Bitcoin
1107
01:11:25,897 --> 01:11:27,657
will continue to move and you just
1108
01:11:27,657 --> 01:11:29,357
create settlement periods
1109
01:11:29,357 --> 01:11:31,677
when you actually through the community
1110
01:11:31,677 --> 01:11:37,657
pool hit the block. And so it doesn't necessarily mean that you have to wait for the block to get
1111
01:11:37,657 --> 01:11:43,737
hit for transactions to then resume, right? For more Bitcoin to be moving. You can continuously
1112
01:11:43,737 --> 01:11:52,157
be building layers of transactions and then the settlement just happens. Now, this is like kind
1113
01:11:52,157 --> 01:11:57,157
of out there stuff, you know, but it is interesting to think about. I've been thinking about it a lot
1114
01:11:57,157 --> 01:12:00,337
personally and that's why I wanted to- That's what Lightning does, right? Lightning defers
1115
01:12:00,337 --> 01:12:06,017
settlement right lightning is like this deferred settlement on chain and so my my my mind just went
1116
01:12:06,017 --> 01:12:11,877
to like it's not going to happen tonight but there there might be some way of doing some cryptographic
1117
01:12:11,877 --> 01:12:17,677
magic to where you know you can have more even more guarantees other than just like i trust my
1118
01:12:17,677 --> 01:12:24,837
local pool well those sound a lot like those those sound a lot like those vutxo things don't they
1119
01:12:24,837 --> 01:12:28,857
I mean, where you have, you provably have Bitcoin, right?
1120
01:12:28,957 --> 01:12:30,917
I mean, I don't exactly know how you do that.
1121
01:12:31,037 --> 01:12:37,737
You prove you have it, which like, you know, you'd sign this transaction and like Rev was saying, you'd put it in like your local mempool.
1122
01:12:38,377 --> 01:12:51,157
But like, you don't necessarily have to, like, I feel like a lot of these types of solutions, we're all kind of beating around the same bushes here with how you can, how can you, you know, if you have a trusted environment, right?
1123
01:12:51,157 --> 01:12:53,417
because that's the unlock, right, that you're talking about.
1124
01:12:53,677 --> 01:12:56,597
With local communities, these are small trusted communities
1125
01:12:56,597 --> 01:12:58,997
where you're not worried about, you know,
1126
01:12:59,277 --> 01:13:03,917
having this, like, undeniable, like, unconfiscatable,
1127
01:13:04,137 --> 01:13:05,157
like, amounts of trust.
1128
01:13:06,677 --> 01:13:07,777
I don't know.
1129
01:13:09,117 --> 01:13:11,457
Of course, I think there is something there.
1130
01:13:13,597 --> 01:13:14,477
But I don't know.
1131
01:13:14,617 --> 01:13:17,437
I think the people, Rev, who probably thought that you were crazy
1132
01:13:17,437 --> 01:13:19,097
were doing some mental math.
1133
01:13:19,097 --> 01:13:22,417
and like I just typed into the AI while you guys were talking.
1134
01:13:23,017 --> 01:13:25,917
You know, we're talking like if you want to hit a block once a month,
1135
01:13:26,237 --> 01:13:31,577
that's like 1,500 ASICs, like machines, like full-size ASIC machines.
1136
01:13:31,957 --> 01:13:33,617
How much hash rate does it say?
1137
01:13:34,937 --> 01:13:38,857
Well, you need about 230 petahash to hit a block a month.
1138
01:13:39,937 --> 01:13:40,337
Okay.
1139
01:13:40,477 --> 01:13:41,417
So, you know.
1140
01:13:41,477 --> 01:13:42,677
So that's a big community.
1141
01:13:42,677 --> 01:13:44,257
That's a big community, you know.
1142
01:13:44,937 --> 01:13:46,117
It's a lot of hot water heaters.
1143
01:13:46,257 --> 01:13:46,637
Yeah, yeah, yeah.
1144
01:13:46,637 --> 01:13:53,037
So the people who said that you're kind of crazy that you could do that, like that's in my mind, that's the first thing I thought of.
1145
01:13:53,117 --> 01:13:55,497
I was like, dude, that's the whole reason we've got pools, man.
1146
01:13:56,017 --> 01:14:00,037
It like literally needs to be like everyone in the town, you know.
1147
01:14:00,217 --> 01:14:07,217
And then if everybody in the town is doing it, that means that the difficulty has gone up because everybody in all the towns are mining Bitcoin or whatever.
1148
01:14:07,837 --> 01:14:08,657
Right, right.
1149
01:14:08,657 --> 01:14:16,497
So I guess thank you for entertaining me on that, Gary, with the thought exercise on these local pools.
1150
01:14:16,637 --> 01:14:18,337
I think that there's something to it.
1151
01:14:18,577 --> 01:14:22,077
Obviously, it hasn't been fully thought through,
1152
01:14:22,257 --> 01:14:24,277
but I got this vibe, man.
1153
01:14:24,317 --> 01:14:27,397
I got this feeling like that is a potential opportunity
1154
01:14:27,397 --> 01:14:30,377
in the future if you can build a strong enough local community
1155
01:14:30,377 --> 01:14:33,817
where everybody is mining Bitcoin for the heat.
1156
01:14:34,597 --> 01:14:38,617
Now you've got some power there to actually pop blocks yourself.
1157
01:14:40,357 --> 01:14:40,617
Absolutely.
1158
01:14:40,617 --> 01:14:42,537
So I guess I'll start to...
1159
01:14:42,537 --> 01:14:43,917
I know, Reed, you were trying to wrap it up.
1160
01:14:43,977 --> 01:14:46,157
I guess I'll kick it off with my final thoughts here.
1161
01:14:46,157 --> 01:14:49,237
just to kind of tie everything together.
1162
01:14:50,437 --> 01:14:53,197
Gary, you mentioned something very early on,
1163
01:14:53,257 --> 01:14:55,177
just still talking about the Shenandoah Bitcoin Club
1164
01:14:55,177 --> 01:14:56,557
of just the consistency
1165
01:14:56,557 --> 01:14:58,977
and then creating this opportunity for education.
1166
01:14:59,337 --> 01:15:01,897
And I call this holding the door open, right?
1167
01:15:01,977 --> 01:15:04,497
You don't necessarily need to capture every person
1168
01:15:04,497 --> 01:15:05,917
that comes to the meetup one time
1169
01:15:05,917 --> 01:15:07,237
and get them to come back every time.
1170
01:15:07,577 --> 01:15:09,757
You just need to make sure that you're always there
1171
01:15:09,757 --> 01:15:10,997
holding the door open.
1172
01:15:10,997 --> 01:15:13,437
So that way when the next bull run happens
1173
01:15:13,437 --> 01:15:14,457
and then they're like, wait a second,
1174
01:15:14,457 --> 01:15:16,436
And I went to that Bitcoin meetup two years ago.
1175
01:15:16,997 --> 01:15:20,037
And now I feel like I'm missing out.
1176
01:15:20,117 --> 01:15:20,617
I got FOMO.
1177
01:15:21,157 --> 01:15:21,737
Here you are.
1178
01:15:22,037 --> 01:15:23,017
You can come back.
1179
01:15:23,337 --> 01:15:26,637
And then the people start to become more of the regulars.
1180
01:15:27,517 --> 01:15:28,817
And so I think that's important.
1181
01:15:29,297 --> 01:15:33,017
And this gets into the idea of this peaceful revolution, right?
1182
01:15:33,337 --> 01:15:35,537
This peaceful revolution that leads to the Renaissance.
1183
01:15:36,297 --> 01:15:39,917
And that's the, when you hold the door open, you continuously educate.
1184
01:15:40,257 --> 01:15:41,157
You spend your time.
1185
01:15:41,957 --> 01:15:42,577
That's all we can do.
1186
01:15:42,577 --> 01:15:44,397
We can't actually save time.
1187
01:15:44,457 --> 01:15:45,317
We only spend time.
1188
01:15:45,597 --> 01:15:47,337
If you spend your time holding the door open,
1189
01:15:48,137 --> 01:15:50,697
letting this lower your time preference, right?
1190
01:15:50,717 --> 01:15:54,037
It ain't going to happen in a year, in two years, in five years.
1191
01:15:54,157 --> 01:15:57,177
But if you're there, then this facilitates.
1192
01:15:57,457 --> 01:15:58,337
We need to be there.
1193
01:15:58,337 --> 01:16:01,897
We need to be there holding the door open so that when people are ready,
1194
01:16:02,577 --> 01:16:05,997
there's infrastructure, there's all the stuff that they can plug right into
1195
01:16:05,997 --> 01:16:06,977
and join us.
1196
01:16:07,997 --> 01:16:08,936
Reid, how about you?
1197
01:16:09,257 --> 01:16:11,757
What's your final thoughts on the conversation?
1198
01:16:11,757 --> 01:16:16,637
I think my final thoughts are you can just do things in Bitcoin.
1199
01:16:17,277 --> 01:16:23,797
You know, it's like, and when I think about Bitcoin meetup organizers, I think about these are people who just do things.
1200
01:16:24,436 --> 01:16:25,877
And it doesn't even have to be a lot.
1201
01:16:26,217 --> 01:16:31,617
Like literally, like we're talking about minimum ask here is to go hang out at a bar once a month.
1202
01:16:32,697 --> 01:16:36,117
You know, that's not necessarily like the hugest ask in the world.
1203
01:16:36,117 --> 01:16:55,397
But in reality, just doing that one simple thing, you know, and posting it online and letting sure, making sure other people know that that is something that's there, you know, that could potentially have, especially, you know, if that's just how you start, but like this could potentially grow into something that could have a huge impact on your local community.
1204
01:16:55,397 --> 01:17:00,637
you know and Gary hearing you talk about like the veterans like these are people who just do things
1205
01:17:00,637 --> 01:17:07,137
right they just see hey what can I do something can be done I understand the mission like I can
1206
01:17:07,137 --> 01:17:13,917
go do a thing and like I feel like a lot of Bitcoiners just in general have that you know
1207
01:17:13,917 --> 01:17:18,677
I think it's something that we see a lot like in the Nostra space like especially now with like
1208
01:17:18,677 --> 01:17:24,317
these AI tools and stuff like that people are just trying stuff out you know it doesn't have
1209
01:17:24,317 --> 01:17:27,936
to be the next, you know, major IPO startup company.
1210
01:17:28,457 --> 01:17:29,857
They just want to try something out.
1211
01:17:29,917 --> 01:17:31,257
They just want to go out and do things.
1212
01:17:31,757 --> 01:17:34,257
And so I kind of think that's maybe my key takeaway
1213
01:17:34,257 --> 01:17:36,597
for this episode is, I don't know, you can just,
1214
01:17:36,997 --> 01:17:39,237
there's in Bitcoin, you know, there's no permission required.
1215
01:17:39,677 --> 01:17:43,377
Like you can just invent a new local Bitcoin mining
1216
01:17:43,377 --> 01:17:46,897
protocol system, you know, spending from local
1217
01:17:46,897 --> 01:17:50,317
with zero comp transactions and local mempools.
1218
01:17:50,637 --> 01:17:52,357
Well, I don't know, but you could just do it,
1219
01:17:52,677 --> 01:17:53,837
you know, and try it out.
1220
01:17:54,317 --> 01:18:00,097
I don't know, Gary, you know, you don't necessarily have to give like a summary or a key takeaway.
1221
01:18:00,097 --> 01:18:08,617
The other thing you can do if you're not thinking of something right off the top of their head is, you know, definitely leave people with where they can find you on the Internet.
1222
01:18:09,436 --> 01:18:11,177
Any projects that you have going on.
1223
01:18:11,277 --> 01:18:13,017
You mentioned a couple of websites along the way.
1224
01:18:13,277 --> 01:18:17,657
But then also anything that you maybe didn't have a chance to say that you were hoping to get across.
1225
01:18:19,637 --> 01:18:20,077
Yeah.
1226
01:18:20,077 --> 01:18:22,837
you can find the meetup
1227
01:18:22,837 --> 01:18:24,317
first and foremost at
1228
01:18:24,317 --> 01:18:26,237
ShenandoahBitcoin.club
1229
01:18:26,237 --> 01:18:28,517
make sure you spell it right
1230
01:18:28,517 --> 01:18:30,697
but ShenandoahBitcoin.club is the website
1231
01:18:30,697 --> 01:18:31,277
it'll be in the show notes too
1232
01:18:31,277 --> 01:18:32,537
awesome
1233
01:18:32,537 --> 01:18:37,057
BitcoinVeterans.org
1234
01:18:37,057 --> 01:18:38,517
is the
1235
01:18:38,517 --> 01:18:39,817
other one that I would say
1236
01:18:39,817 --> 01:18:42,357
if you're
1237
01:18:42,357 --> 01:18:44,257
interested if you hear this if you're
1238
01:18:44,257 --> 01:18:46,436
interested in buying
1239
01:18:46,436 --> 01:18:47,577
an hour of my time
1240
01:18:47,577 --> 01:18:50,917
virginiafreedom.tech is my side hustle LLC.
1241
01:18:51,417 --> 01:18:52,897
So I'll plug that quickly.
1242
01:18:53,897 --> 01:18:56,377
And outside of that, I have migrated.
1243
01:18:56,577 --> 01:18:58,837
I'm one of the people that have migrated
1244
01:18:58,837 --> 01:19:00,637
a lot of my time and attention back to X.
1245
01:19:00,817 --> 01:19:05,817
So I'm average ABG underscore Gary on X or Twitter.
1246
01:19:06,657 --> 01:19:08,517
You can also find me on Noster.
1247
01:19:09,757 --> 01:19:12,237
I am Gary at bitcoinveterans.org
1248
01:19:12,237 --> 01:19:13,817
for your Nipo5 on Noster.
1249
01:19:13,817 --> 01:19:21,797
but yeah I don't have anything to leave with anybody I think Rev you mentioned you know having
1250
01:19:21,797 --> 01:19:28,557
that holding that door open it just made me think of the word hospitality so I think Bitcoiners if
1251
01:19:28,557 --> 01:19:36,257
they want to see this thing succeed in a in a in their local area because it's going to succeed no
1252
01:19:36,257 --> 01:19:42,317
matter what but if you want to succeed it just be hospitable you know have the hospitality have the
1253
01:19:42,317 --> 01:19:48,177
the humility to to put yourself out there and uh you know don't dox yourself too hard if it's
1254
01:19:48,177 --> 01:19:56,057
dangerous but be be a bitcoiner be hospitable and have some bitcoin hospitality and uh thank you
1255
01:19:56,057 --> 01:20:04,177
both for having me and i i really look forward to it today yeah hell yeah man yeah thank you so
1256
01:20:04,177 --> 01:20:08,337
much for coming on this this was a great episode we rev and i were definitely both looking forward
1257
01:20:08,337 --> 01:20:15,817
to it. And I think that we delivered. This was a really great conversation. And so, yeah, so we
1258
01:20:15,817 --> 01:20:19,497
talked about this a little bit pre-show, but, you know, we're going to transition to the second half
1259
01:20:19,497 --> 01:20:24,477
of the show, which is our V4V section. It's a chance for us to kind of interact with our community.
1260
01:20:24,897 --> 01:20:30,757
We have a very active group of people who listen to the podcast. And so we like to spend a little
1261
01:20:30,757 --> 01:20:37,617
bit of time. We like to read the boosts. We like to talk about what episodes our community finds
1262
01:20:37,617 --> 01:20:43,917
the most valuable. We like to talk about our core group and everything like that. So we're
1263
01:20:43,917 --> 01:20:51,797
going to transition to the V4V section right now. All right. So as always, we start off the value
1264
01:20:51,797 --> 01:20:57,637
for value section with our leaderboards. And so we covered this last time, but we do have a little
1265
01:20:57,637 --> 01:21:04,417
bit of shakeup with the way that we're presenting our top episodes leaderboard. So our top episode
1266
01:21:04,417 --> 01:21:10,577
leaderboard used to be ranked only in sats. And that is one way that you could measure. What are
1267
01:21:10,577 --> 01:21:16,297
our top episodes? It's a tough question to ask, actually. So you could measure just in which
1268
01:21:16,297 --> 01:21:23,777
episode has received the most sats. But I think just last week, we switched to considering more
1269
01:21:23,777 --> 01:21:29,597
than just the sats. So now we have three metrics that we rank these things with. It's which episodes
1270
01:21:29,597 --> 01:21:35,337
have received the most sats, which episodes have received the most number of individual boosts,
1271
01:21:35,537 --> 01:21:39,677
right? So if some, you know, we've had episodes where like one person will boost like seven times.
1272
01:21:39,897 --> 01:21:47,377
Well, that counts as seven boosts. And then the third category is how many individual unique people
1273
01:21:47,377 --> 01:21:55,077
or entities or end pubs are boosting the show. And so those are the three categories. And so we
1274
01:21:55,077 --> 01:22:00,037
We just basically rank which is, you know, what rank are you in each of those categories?
1275
01:22:00,497 --> 01:22:03,217
And then we add up the ranks and the lowest one is the top overall.
1276
01:22:04,097 --> 01:22:15,037
So with that long sort of introduction to how we're measuring these things, our top episode of all time is episode nine, Growing Slow Build Strong Communities, KC Bitcoiners.
1277
01:22:15,417 --> 01:22:18,557
That was our episode with Sir Spencer, Wolf of Kansas City.
1278
01:22:19,597 --> 01:22:24,896
And that episode, although it's number five in sats, it's number one.
1279
01:22:25,077 --> 01:22:27,037
in boosts and number one in supporters.
1280
01:22:27,037 --> 01:22:29,936
So that makes it our top overall episode.
1281
01:22:32,577 --> 01:22:36,857
Second episode, top episode of all time would be episode 20.
1282
01:22:37,436 --> 01:22:39,037
And that's the Chicago Bitcoin Collective
1283
01:22:39,037 --> 01:22:42,237
with John Brady and Voice from Chicago, Illinois.
1284
01:22:43,277 --> 01:22:45,597
And so that one too, that was right behind it.
1285
01:22:45,857 --> 01:22:48,577
That was number three in sats, number two in boosts,
1286
01:22:48,597 --> 01:22:50,057
and number three in supporters.
1287
01:22:50,057 --> 01:22:59,017
Third on the top episode leaderboard is episode one, starting and growing meetups, Western Mass in South Bend, Indiana.
1288
01:23:00,037 --> 01:23:08,137
And so, you know, I actually almost brought up this episode because Gary started talking at the beginning about, you know, all the benefits, right?
1289
01:23:08,597 --> 01:23:11,257
Why would you even spend the time to start a meetup anyways?
1290
01:23:11,257 --> 01:23:19,977
You know what? And, you know, I think one of the things that for anyone who's ever actually been to a meetup, the first thing that everybody always says is like, it's a great deal.
1291
01:23:19,992 --> 01:23:24,752
so amazing to just when you're stuck online and you don't have anybody in real life to talk to
1292
01:23:24,752 --> 01:23:29,932
about this stuff, just having people, finding people to talk to in real life makes such a big
1293
01:23:29,932 --> 01:23:34,972
difference. But there's also a whole bunch of other things. And so we talk about some of those
1294
01:23:34,972 --> 01:23:38,992
things in episode one. We also talk about a whole bunch of the, let's call it like a little mini
1295
01:23:38,992 --> 01:23:44,252
playbook of what you'd need to actually get a meetup off the ground. So that's our number three
1296
01:23:44,252 --> 01:23:50,772
episode of all time. Number four on the list is episode two, meetups are the ultimate web of trust,
1297
01:23:51,092 --> 01:23:58,692
Jersey City, New Jersey. And that was with GC and James. And finally, our fifth episode,
1298
01:23:58,992 --> 01:24:04,472
our fifth top episode is episode 15, Privacy is Sovereignty with BTC Wrestle, Columbia,
1299
01:24:04,732 --> 01:24:10,612
South Carolina. So I want to spend just like one more minute here talking about episode 15.
1300
01:24:10,612 --> 01:24:31,492
And, you know, we talk about this episode every time, but, you know, episode 15, this episode, if you boost this episode, all of the stats to that are going to Bill and Keone. And really what these stats are going towards is you're going towards legal defense funds, you're going towards supporting their families.
1301
01:24:31,492 --> 01:24:35,732
while these open source developers
1302
01:24:35,732 --> 01:24:38,432
who develop free and open source software
1303
01:24:38,432 --> 01:24:41,712
that helps promote freedom tech throughout the world
1304
01:24:41,712 --> 01:24:44,672
are being locked in cages.
1305
01:24:46,472 --> 01:24:51,832
And it's really important that this is an episode
1306
01:24:51,832 --> 01:24:53,312
that we continue to talk about.
1307
01:24:54,992 --> 01:24:57,592
And Rev, I've actually also been thinking,
1308
01:24:57,852 --> 01:25:00,832
there are some other ways that we could try to inject
1309
01:25:00,832 --> 01:25:05,072
some more life, not just into this episode,
1310
01:25:05,452 --> 01:25:09,832
but into the conversation about why, you know,
1311
01:25:09,892 --> 01:25:12,392
why is it that we keep focusing on the samurai developers?
1312
01:25:12,872 --> 01:25:14,392
And, you know, why is this so important?
1313
01:25:15,072 --> 01:25:17,232
And so maybe when we get around to doing our,
1314
01:25:17,692 --> 01:25:19,492
like maybe our next solo rip,
1315
01:25:19,632 --> 01:25:21,232
or like when we do some,
1316
01:25:21,412 --> 01:25:23,172
when we have more time to spend with the community,
1317
01:25:23,432 --> 01:25:24,652
I think that would be something
1318
01:25:24,652 --> 01:25:25,812
that would be good to go into.
1319
01:25:26,792 --> 01:25:29,092
But anyway, really what I wanted to say was,
1320
01:25:29,092 --> 01:25:32,032
This is our number five episode of all time, which is great.
1321
01:25:32,652 --> 01:25:39,012
But it'd be actually, because it's already number one in sats, it'd be really easy to move it up this board.
1322
01:25:39,532 --> 01:25:40,872
You just need to go and boost it.
1323
01:25:41,212 --> 01:25:44,132
Even just 100 sats, just go move it up.
1324
01:25:44,252 --> 01:25:45,272
It's number 11.
1325
01:25:45,492 --> 01:25:48,052
It's our 11th episode in number of boosts.
1326
01:25:48,792 --> 01:25:53,532
So moving that up doesn't take much to 100 sats here or there from a bunch of people.
1327
01:25:53,532 --> 01:25:55,812
And that'll be much higher on our leaderboard.
1328
01:25:55,812 --> 01:25:57,512
and that'll move it up the leaderboards
1329
01:25:57,512 --> 01:25:59,772
on onlyboost.social as well.
1330
01:26:01,392 --> 01:26:04,152
All right, so those are our top episode leaderboards.
1331
01:26:04,732 --> 01:26:05,552
What do you think, Rev?
1332
01:26:05,552 --> 01:26:06,352
You got anything to add?
1333
01:26:07,072 --> 01:26:10,392
Yeah, just all these episodes are a great place to start.
1334
01:26:10,452 --> 01:26:12,952
If you're just here in this show for the first time
1335
01:26:12,952 --> 01:26:16,112
and you want to go listen to some of the high signal content
1336
01:26:16,112 --> 01:26:18,712
that we've got, these are a great place to start.
1337
01:26:19,512 --> 01:26:21,392
And so just go check those out.
1338
01:26:22,592 --> 01:26:25,732
We make it really easy on the website.
1339
01:26:25,812 --> 01:26:28,912
on localbitcoiners.com to boost this stuff,
1340
01:26:29,532 --> 01:26:31,932
to find, and if you're a regular booster,
1341
01:26:32,132 --> 01:26:33,732
if you want to try and fill in the gaps
1342
01:26:33,732 --> 01:26:35,372
as we'll get into with the next leaderboard,
1343
01:26:35,732 --> 01:26:38,412
we make it really easy to find which episodes
1344
01:26:38,412 --> 01:26:40,752
you haven't been able to boost, boost those,
1345
01:26:41,052 --> 01:26:43,572
and be part of our core group too.
1346
01:26:44,232 --> 01:26:47,952
So let's move on to the next one, I guess.
1347
01:26:48,752 --> 01:26:49,392
That's a good call.
1348
01:26:49,632 --> 01:26:52,572
And you know, there's a kind of hack here.
1349
01:26:52,572 --> 01:26:56,432
that, so we do, so the LocalBitcoiners and Pub,
1350
01:26:56,852 --> 01:26:59,712
you know, we spit out, a note gets published,
1351
01:26:59,892 --> 01:27:02,332
I think it's like 8 p.m. every Tuesday
1352
01:27:02,332 --> 01:27:04,052
with the leaderboards, you know,
1353
01:27:04,092 --> 01:27:05,852
just in time for us to get the show started.
1354
01:27:06,672 --> 01:27:09,492
And for a long time, I was just reading the notes,
1355
01:27:09,812 --> 01:27:12,092
reading the Nostra notes, literally off of a Nostra client.
1356
01:27:12,932 --> 01:27:15,152
But now you can go to our stats page,
1357
01:27:15,392 --> 01:27:17,452
LocalBitcoiners.com forward slash stats,
1358
01:27:17,832 --> 01:27:18,872
and you can see all this stuff.
1359
01:27:18,972 --> 01:27:21,332
So actually, I've been reading out the leaderboards
1360
01:27:21,332 --> 01:27:24,752
off of the website now instead of off of a Nostra client.
1361
01:27:27,052 --> 01:27:28,592
And so, yeah, so that's where some of these,
1362
01:27:28,772 --> 01:27:32,972
like our second leaderboard here is our top listeners,
1363
01:27:34,712 --> 01:27:38,292
also called Supporters Leaderboard on the stats page.
1364
01:27:38,912 --> 01:27:42,232
And yeah, you can see everybody, it actually lists the top 10,
1365
01:27:42,672 --> 01:27:44,912
not just the top five like the Nostra note does.
1366
01:27:45,132 --> 01:27:47,912
But then we've got this, if you log in with Nostra,
1367
01:27:48,012 --> 01:27:50,252
you can see there's this section episodes you've supported.
1368
01:27:50,692 --> 01:27:52,072
And it's like a punch card, basically,
1369
01:27:52,552 --> 01:27:54,912
of which episodes have you boosted
1370
01:27:54,912 --> 01:27:56,192
and which ones haven't you boosted.
1371
01:27:56,272 --> 01:27:57,812
Because a lot of people have,
1372
01:27:57,952 --> 01:27:59,052
now that we have these leaderboards,
1373
01:27:59,152 --> 01:28:00,232
people are asking about that.
1374
01:28:00,312 --> 01:28:01,972
So you can find that on our stats page.
1375
01:28:04,652 --> 01:28:07,012
All right, so let's get into our second leaderboard here.
1376
01:28:07,612 --> 01:28:08,892
So this is our core group.
1377
01:28:09,072 --> 01:28:10,092
These are our top listeners.
1378
01:28:10,452 --> 01:28:11,812
These are our top supporters.
1379
01:28:13,792 --> 01:28:16,732
And up here at the top, we have a tie for first.
1380
01:28:17,232 --> 01:28:19,552
And it is between Perminerd and Nostrigang,
1381
01:28:19,552 --> 01:28:22,352
who both have a perfect 29 episodes.
1382
01:28:22,832 --> 01:28:24,592
So keeping those streaks alive.
1383
01:28:25,312 --> 01:28:25,992
Thank you, Permanerd.
1384
01:28:26,172 --> 01:28:27,052
Thank you, Nostra Gang.
1385
01:28:28,732 --> 01:28:31,672
And Permanerd, I guess we're going to talk about him
1386
01:28:31,672 --> 01:28:32,892
a little bit more in the boosts,
1387
01:28:32,972 --> 01:28:36,852
but Permanerd, I haven't reached out to you yet,
1388
01:28:37,012 --> 01:28:39,072
but I have been listening to the Yada podcast,
1389
01:28:39,632 --> 01:28:41,652
and I really hope that if somebody else
1390
01:28:41,652 --> 01:28:43,712
doesn't start a meetup in your area,
1391
01:28:44,252 --> 01:28:46,372
I hope that you take up the torch.
1392
01:28:47,172 --> 01:28:49,012
Hopefully, by listening to this podcast,
1393
01:28:49,012 --> 01:28:52,392
you know you're one of our ride or dies here you've been listening to every episode i'm sure
1394
01:28:52,392 --> 01:28:57,152
you're listening to this episode and i hope that you have the resources that you need check the
1395
01:28:57,152 --> 01:29:02,392
show notes if you want there's a link to some github resources that hopefully will give you
1396
01:29:02,392 --> 01:29:07,232
what you need um to get started or if you don't want to do it maybe you could pass those notes
1397
01:29:07,232 --> 01:29:10,892
along to someone else in your area well yeah you're already in the group chats permanent
1398
01:29:10,892 --> 01:29:17,532
all you got to do is say hey i'm gonna go to this place at this time y'all can meet me there
1399
01:29:17,532 --> 01:29:19,092
and that's the beginning of,
1400
01:29:19,212 --> 01:29:21,412
that's reviving that meetup
1401
01:29:21,412 --> 01:29:23,292
that's been on hiatus for a while.
1402
01:29:23,552 --> 01:29:25,112
So you can do it.
1403
01:29:25,652 --> 01:29:27,272
And if you're already connected,
1404
01:29:27,412 --> 01:29:27,892
it ain't hard.
1405
01:29:29,472 --> 01:29:30,672
And as far as Nostrigang,
1406
01:29:31,952 --> 01:29:34,852
so Nostrigang has also been right there
1407
01:29:34,852 --> 01:29:36,192
the whole time boosting.
1408
01:29:36,852 --> 01:29:39,812
She's worked up and now boosted every episode.
1409
01:29:40,632 --> 01:29:42,252
And, you know, on only boosts,
1410
01:29:42,312 --> 01:29:44,192
Nostrigang has been immortalized
1411
01:29:44,192 --> 01:29:47,972
by having the Nostrigang 40 HBW challenge.
1412
01:29:48,612 --> 01:29:51,672
And I've been trying to meet that challenge every week
1413
01:29:51,672 --> 01:29:54,672
by boosting 40 hours of podcasts per week.
1414
01:29:55,392 --> 01:29:58,232
And, you know, it's a fun thing to do.
1415
01:29:58,412 --> 01:30:00,512
I think that if you're listening to a podcast,
1416
01:30:01,052 --> 01:30:03,292
and especially the ones that read the boosts off,
1417
01:30:03,432 --> 01:30:05,732
you should boost them, you know, 100 sats.
1418
01:30:05,992 --> 01:30:06,612
That's all it takes.
1419
01:30:07,032 --> 01:30:07,512
Say whatever.
1420
01:30:07,892 --> 01:30:08,632
Say, thank you, sir.
1421
01:30:08,892 --> 01:30:09,832
You know, Bitcoin Ann.
1422
01:30:10,552 --> 01:30:11,312
Thank you, sir.
1423
01:30:11,312 --> 01:30:15,072
and just start actively showing everybody.
1424
01:30:15,212 --> 01:30:16,892
This is the velocity that I talk about
1425
01:30:16,892 --> 01:30:19,292
in developing the cultural capital.
1426
01:30:19,852 --> 01:30:22,132
If you show that you are participating,
1427
01:30:22,632 --> 01:30:25,512
then maybe that'll inspire other people to participate too,
1428
01:30:25,992 --> 01:30:28,492
and this information will propagate more readily
1429
01:30:28,492 --> 01:30:29,752
because of your interaction.
1430
01:30:30,512 --> 01:30:32,492
So thanks, Nostra Gang, for inspiring that.
1431
01:30:34,072 --> 01:30:36,332
Yeah, we've called it curation at times.
1432
01:30:36,652 --> 01:30:39,112
Like I actually remember going all the way back to,
1433
01:30:39,612 --> 01:30:40,572
when did we have Boomerang?
1434
01:30:40,572 --> 01:30:46,492
was that episode three? That was episode three, yeah. And, you know, he was a person too that,
1435
01:30:46,612 --> 01:30:50,172
you know, we had called out at the time as being someone who boosts all the time,
1436
01:30:50,412 --> 01:30:54,912
who's listening to all these podcasts and sharing and promoting all these podcasts saying like,
1437
01:30:54,992 --> 01:31:01,032
oh, hey, here's a good one. Well, that's valuable. Like people are always looking for new podcasts.
1438
01:31:01,392 --> 01:31:06,432
You know, maybe you're feeling like your podcast list is kind of stale and, you know, you're looking
1439
01:31:06,432 --> 01:31:11,172
for something new. Well, a great way to do that is to just boost it. And a lot of these days,
1440
01:31:11,172 --> 01:31:16,572
if you're boosting on Fountain or on our website or on OnlyBoosts or on Boost Me Bitch,
1441
01:31:17,332 --> 01:31:21,312
like these are all places that are most likely your boost is going to end up on Nostra too,
1442
01:31:21,692 --> 01:31:27,332
where like people who follow you online can see it. And, you know, I know Gary had to drop off,
1443
01:31:27,592 --> 01:31:32,472
but like Gary spends a lot of time on Twitter. There's not really a tool for that. I mean,
1444
01:31:32,472 --> 01:31:34,772
you can go and talk about it on Twitter.
1445
01:31:34,992 --> 01:31:35,452
That's fine.
1446
01:31:35,872 --> 01:31:38,312
But it's pretty nice to be able to boost into a show
1447
01:31:38,312 --> 01:31:40,392
and have it automatically show up on your social feed.
1448
01:31:43,532 --> 01:31:45,972
And yeah, Nostra Gang is, you know,
1449
01:31:46,412 --> 01:31:51,752
it was her idea to have the 40 HPW Challenge on OnlyBoosts.
1450
01:31:51,752 --> 01:31:54,692
And so, yeah, I'm happy to give credit right there.
1451
01:31:55,012 --> 01:31:55,632
Thank you, Nostra Gang.
1452
01:31:57,052 --> 01:31:59,632
All right, as we move down the top listeners,
1453
01:31:59,912 --> 01:32:00,752
these are a core group.
1454
01:32:00,752 --> 01:32:07,192
So next up is technically second place is Admin Pac-Man, 28 episodes.
1455
01:32:08,052 --> 01:32:11,672
So just one shy Admin Pac-Man is normally up here tied for first.
1456
01:32:12,212 --> 01:32:14,512
Maybe he hasn't gotten a chance to listen to last week's yet.
1457
01:32:16,132 --> 01:32:20,572
Admin Pac-Man's been spending his time boosting the Candor podcast instead, I think.
1458
01:32:21,492 --> 01:32:23,292
He has started boosting the Candor.
1459
01:32:23,392 --> 01:32:25,292
Yeah, Chad and Reed's podcast. Let's go.
1460
01:32:26,912 --> 01:32:30,272
It's always so neat, right, when we get the audience kind of crossover.
1461
01:32:30,752 --> 01:32:34,312
so thank you admin pacman
1462
01:32:34,312 --> 01:32:35,912
next up
1463
01:32:35,912 --> 01:32:38,172
moving way up the list here quick
1464
01:32:38,172 --> 01:32:39,332
is with sixer
1465
01:32:39,332 --> 01:32:41,692
is already up to the 26 episodes
1466
01:32:41,692 --> 01:32:44,312
it kind of seems like every week he's got two or three more
1467
01:32:44,312 --> 01:32:45,152
that he's
1468
01:32:45,152 --> 01:32:48,312
you can tell in his boost he's gone back
1469
01:32:48,312 --> 01:32:49,932
and listened to a lot of these old episodes
1470
01:32:49,932 --> 01:32:52,292
so thank you with sixer it's been great
1471
01:32:52,292 --> 01:32:54,552
listening to hearing what you have to say
1472
01:32:54,552 --> 01:32:56,532
about some of these past episodes
1473
01:32:56,532 --> 01:32:58,312
we've been really enjoying your boosts
1474
01:32:59,072 --> 01:33:00,572
very thoughtful boosts
1475
01:33:00,572 --> 01:33:01,492
Getting close.
1476
01:33:02,752 --> 01:33:04,052
26 out of 29.
1477
01:33:04,632 --> 01:33:05,812
Getting real close here.
1478
01:33:07,472 --> 01:33:10,912
Then we've got Matthew D. coming in, 21 episodes.
1479
01:33:11,752 --> 01:33:15,592
And after that is Bullish Clips rounding out the top five.
1480
01:33:16,132 --> 01:33:18,592
And Bullish Clips is at 16 episodes.
1481
01:33:19,952 --> 01:33:24,552
So just to shout out Matthew D. and Bullish a little bit too,
1482
01:33:25,012 --> 01:33:28,432
since we've got a little bit of time on this show tonight,
1483
01:33:28,432 --> 01:33:30,392
you know Matthew D
1484
01:33:30,392 --> 01:33:32,612
we haven't mentioned it in the past few
1485
01:33:32,612 --> 01:33:34,152
episodes but Matthew D does have
1486
01:33:34,152 --> 01:33:35,772
White Paper Street Soap Company
1487
01:33:35,772 --> 01:33:38,072
I'm using his soap right now I just
1488
01:33:38,072 --> 01:33:40,212
wash my hands with the soap everyday
1489
01:33:40,212 --> 01:33:41,692
I wash it's in my shower
1490
01:33:41,692 --> 01:33:43,852
I use that soap he makes
1491
01:33:43,852 --> 01:33:45,172
tallow balm as well
1492
01:33:45,172 --> 01:33:48,452
so if you're you know in Michigan
1493
01:33:48,452 --> 01:33:50,212
very easy to gain access
1494
01:33:50,212 --> 01:33:52,092
to Matthew D's soap
1495
01:33:52,092 --> 01:33:53,612
but he also has a website
1496
01:33:53,612 --> 01:33:55,592
and you can buy it there
1497
01:33:55,592 --> 01:33:58,412
so yeah check out
1498
01:33:58,432 --> 01:33:59,892
White Paper Street Soap.
1499
01:34:02,512 --> 01:34:03,352
And then Bullish.
1500
01:34:03,932 --> 01:34:05,432
What has Bullish been working on, man?
1501
01:34:05,532 --> 01:34:06,352
Bullish has got like 100 iron to the fire.
1502
01:34:06,352 --> 01:34:08,272
Dude, Bullish is working on tons of stuff.
1503
01:34:08,592 --> 01:34:10,192
Oh my God, so many different things.
1504
01:34:11,652 --> 01:34:15,312
Maybe the one you're thinking of that has to do with the boosts is,
1505
01:34:15,452 --> 01:34:17,192
I think it's called Bullish Boosts.
1506
01:34:17,792 --> 01:34:18,792
Bullish Boosts, okay.
1507
01:34:19,532 --> 01:34:21,772
I have not tried it yet.
1508
01:34:22,572 --> 01:34:24,912
I know Chad has, and actually several.
1509
01:34:25,092 --> 01:34:27,112
I think Permanerd has too, actually.
1510
01:34:27,112 --> 01:34:30,332
have taken the time to try it out.
1511
01:34:30,852 --> 01:34:33,092
And so I'll have to take a look at the UI.
1512
01:34:33,092 --> 01:34:37,572
I actually haven't, I think I have alpha access to it.
1513
01:34:37,632 --> 01:34:39,392
I just haven't taken the time to look at it yet.
1514
01:34:39,672 --> 01:34:43,652
But yeah, it was a little bit of a struggle
1515
01:34:43,652 --> 01:34:46,632
on both of our ends to get everything.
1516
01:34:47,212 --> 01:34:48,912
So it was actually looking correct.
1517
01:34:49,172 --> 01:34:50,772
And Chad and I were going back and forth
1518
01:34:50,772 --> 01:34:52,512
about what's the best way for us
1519
01:34:52,512 --> 01:34:55,032
to actually get this information out there
1520
01:34:55,032 --> 01:34:57,952
so that if other people want to start up clients
1521
01:34:57,952 --> 01:35:00,892
that are able to do this Noster boosting thing,
1522
01:35:01,212 --> 01:35:03,172
so that way they know how to put it together.
1523
01:35:04,972 --> 01:35:07,152
But yeah, Bullish, definitely hanging in there.
1524
01:35:07,272 --> 01:35:08,812
Thank you for your patience.
1525
01:35:09,072 --> 01:35:10,532
I think your patience has paid off.
1526
01:35:11,332 --> 01:35:13,972
It's been great to see those Bullish boosts
1527
01:35:13,972 --> 01:35:15,112
flying around on Noster.
1528
01:35:16,032 --> 01:35:18,932
And Bullish has also got Circle, the client.
1529
01:35:18,932 --> 01:35:21,332
And then obviously the big thing is
1530
01:35:21,332 --> 01:35:24,532
TakeMySats.com and Bullish Market.
1531
01:35:24,532 --> 01:35:39,952
So if you're interested in trying to earn some Bitcoin, you can set your marketplace up on TakeMySats.com, and then you can participate as well in the bullish market.
1532
01:35:40,372 --> 01:35:42,452
So bullish has got a lot of stuff going on.
1533
01:35:43,152 --> 01:35:49,292
Really taking all the tools that are available and trying to integrate and propagate this capital.
1534
01:35:50,012 --> 01:36:00,318
Great job bullish Keep it up man All right So let move to our final leaderboard which is our top boosts formerly top boosts of all time
1535
01:36:00,698 --> 01:36:01,638
Got it right this episode.
1536
01:36:02,218 --> 01:36:05,918
Currently, our top boosts of the last 33 days.
1537
01:36:09,398 --> 01:36:17,458
So in addition to the top boosts of the last 33 days, I also like to shout out our top boosts of all time.
1538
01:36:17,458 --> 01:36:21,758
Just for the record, it is legendary status confirmed.
1539
01:36:22,658 --> 01:36:27,538
2.1 million sat boost via localbitcoiners.com from admin Pac-Man.
1540
01:36:28,198 --> 01:36:33,558
And the message there was for the devs, code a speech at admin Pac-Man,
1541
01:36:33,878 --> 01:36:36,998
paxarcade.org, your Bitcoin time starts now.
1542
01:36:37,678 --> 01:36:41,418
And of course, that was on Privacy is Sovereignty with BTC Wrestle,
1543
01:36:41,638 --> 01:36:43,498
Columbia, South Carolina, episode 15.
1544
01:36:43,498 --> 01:36:48,198
so I already talked a little bit about episode 15
1545
01:36:48,198 --> 01:36:49,278
but actually
1546
01:36:49,278 --> 01:36:52,918
I wanted to mention too
1547
01:36:52,918 --> 01:36:54,178
there's this new
1548
01:36:54,178 --> 01:36:57,378
I guess fundraiser
1549
01:36:57,378 --> 01:36:58,758
maybe you'd call it a fundraiser
1550
01:36:58,758 --> 01:37:02,158
that's been going on for the Samurai devs
1551
01:37:02,158 --> 01:37:04,018
and it's like a 50-50 raffle
1552
01:37:04,018 --> 01:37:07,738
and I wish I had the website handy
1553
01:37:07,738 --> 01:37:09,378
do you have it handy Rev?
1554
01:37:09,378 --> 01:37:12,098
I think it's like freesamurai.now
1555
01:37:12,098 --> 01:37:18,978
uh i fuck i we'll we'll have to look it up and put it in the show notes to be sure of it
1556
01:37:18,978 --> 01:37:27,478
um oh you nailed it dude free samurai.now and again samurai maybe for those of you who don't
1557
01:37:27,478 --> 01:37:34,998
know it it's spelled with a u so it's s-a-m-o-u-r-a-i so free samurai.now and yeah it's like
1558
01:37:34,998 --> 01:37:41,098
a 50 50 raffle provably free um whoever came up with this raffle clearly listens to bull after bull
1559
01:37:41,098 --> 01:37:42,678
and got the idea from there.
1560
01:37:43,778 --> 01:37:45,438
Who knows?
1561
01:37:46,238 --> 01:37:47,338
One way or another,
1562
01:37:47,778 --> 01:37:50,938
this provably fair 50-50 raffle
1563
01:37:50,938 --> 01:37:53,838
is a technique that you can use.
1564
01:37:55,218 --> 01:37:57,218
Do you see the total?
1565
01:37:57,378 --> 01:37:58,058
Last time I checked,
1566
01:37:58,138 --> 01:37:59,998
it was like 6 million sats.
1567
01:38:00,198 --> 01:38:01,698
3 million go to Samurai,
1568
01:38:01,838 --> 01:38:03,038
3 million go to the winner.
1569
01:38:03,778 --> 01:38:04,758
Is that about where it's at?
1570
01:38:05,558 --> 01:38:10,738
It's 3,442,500 sats to the jackpot
1571
01:38:10,738 --> 01:38:12,718
and the same for the charity prize.
1572
01:38:13,058 --> 01:38:14,238
So what's that?
1573
01:38:15,458 --> 01:38:18,938
Like almost 7 million sats, which is awesome.
1574
01:38:18,938 --> 01:38:19,718
Yeah, so it's been growing.
1575
01:38:20,058 --> 01:38:22,798
So I don't know when the deadline is for that.
1576
01:38:22,958 --> 01:38:23,838
Does it say on there?
1577
01:38:26,158 --> 01:38:29,258
Entries close in two days, eight hours, 44 minutes.
1578
01:38:29,678 --> 01:38:31,558
All right, so when you hear this,
1579
01:38:31,638 --> 01:38:33,278
you're going to have like very little time,
1580
01:38:33,278 --> 01:38:37,098
but you'll maybe have like a day to get in there
1581
01:38:37,098 --> 01:38:40,438
and throw 10K sats at it or whatever.
1582
01:38:40,738 --> 01:38:45,878
But, you know, you got as good a chance as any to take home,
1583
01:38:46,058 --> 01:38:48,518
fuck, 3 million plus sats.
1584
01:38:48,638 --> 01:38:49,158
It's insane.
1585
01:38:50,398 --> 01:38:55,198
And, you know, that's a great, just beyond the Bitcoin itself,
1586
01:38:55,198 --> 01:39:01,298
like it's cool to help with just to inject our financial capital
1587
01:39:01,298 --> 01:39:03,718
into the lives of these people that have been done injustice.
1588
01:39:04,598 --> 01:39:09,578
But at the same time, it's also important to just popularize
1589
01:39:09,578 --> 01:39:13,598
and get this just to let people know that this has happened.
1590
01:39:14,218 --> 01:39:15,998
A lot of people, it's off their radar.
1591
01:39:16,358 --> 01:39:19,078
It needs to be on everyone's radar to be understanding
1592
01:39:19,078 --> 01:39:21,198
that this shit cannot continue.
1593
01:39:21,358 --> 01:39:22,558
We need to stand up for it.
1594
01:39:23,778 --> 01:39:25,918
Yeah, the key to me is,
1595
01:39:25,918 --> 01:39:29,318
do you want to live in a world
1596
01:39:29,318 --> 01:39:33,558
where open source code developers
1597
01:39:33,558 --> 01:39:35,418
are being held accountable
1598
01:39:35,418 --> 01:39:37,678
for what their users do with the code?
1599
01:39:37,678 --> 01:39:49,898
right it'd be like if you know it'd be like if the ceo of uh of bmw goes to jail because someone
1600
01:39:49,898 --> 01:39:56,838
drove drunk in his car there's two completely separate unrelated things like you can't hold
1601
01:39:56,838 --> 01:40:00,998
the developers of the code responsible for what users of the code do with it
1602
01:40:00,998 --> 01:40:05,878
And that's exactly what's happening here.
1603
01:40:06,338 --> 01:40:10,338
Well, and if you really look into what happened with those guys, it's complete lawfare.
1604
01:40:11,398 --> 01:40:11,878
Absolutely.
1605
01:40:11,878 --> 01:40:17,978
They were charged with so much stuff that was so insurmountable.
1606
01:40:19,058 --> 01:40:28,398
The amount of capital that they needed to come up with in order to fight it in the first place was so high that they had to be coerced into a plea deal.
1607
01:40:28,398 --> 01:40:57,278
And so they agreed, they pled guilty to shit that they didn't even necessarily do. And so this is kind of that fiat system at work here where if we don't exemplify the fact that these guys weren't doing anything wrong and the injustice of the system is why they're in jail right now, it can continue to happen.
1608
01:40:57,278 --> 01:41:00,218
if we out their game
1609
01:41:00,218 --> 01:41:01,658
and they can't
1610
01:41:01,658 --> 01:41:03,918
if everyone says
1611
01:41:03,918 --> 01:41:06,238
hey man I see you're trying to do the same shit
1612
01:41:06,238 --> 01:41:08,018
over again you're trying to do the law fair thing
1613
01:41:08,018 --> 01:41:10,138
on these people that actually haven't
1614
01:41:10,138 --> 01:41:11,138
done anything wrong
1615
01:41:11,138 --> 01:41:13,058
that's not cool
1616
01:41:13,058 --> 01:41:16,098
that's the kind of culture we need to
1617
01:41:16,098 --> 01:41:17,698
develop is to stand up
1618
01:41:17,698 --> 01:41:20,098
and say no that's wrong you're not doing the
1619
01:41:20,098 --> 01:41:22,178
law you're just using the law to your
1620
01:41:22,178 --> 01:41:22,598
advantage
1621
01:41:22,598 --> 01:41:25,598
you're changing the rules here
1622
01:41:27,278 --> 01:41:31,458
So yeah, it's one way you can put exposure to this.
1623
01:41:31,658 --> 01:41:35,178
Get it into the minds of all the people you can.
1624
01:41:36,738 --> 01:41:38,138
Yeah, and keep talking about it, right?
1625
01:41:38,198 --> 01:41:39,578
That's why we keep talking about it.
1626
01:41:39,578 --> 01:41:43,698
We keep talking about it because what they want is they want you to forget.
1627
01:41:44,878 --> 01:41:49,778
They want you to be dependent on this constantly turning over news cycle
1628
01:41:49,778 --> 01:41:55,078
where, you know, oh, the samurai thing, oh, that was like so 2025.
1629
01:41:55,518 --> 01:41:56,758
Like we don't talk about that anymore.
1630
01:41:57,098 --> 01:41:58,678
That's what they want, you know.
1631
01:41:59,478 --> 01:42:04,298
But we're not going to forget because, you know, we're not buying the kayfabe, dude.
1632
01:42:04,858 --> 01:42:06,798
Like, this is all fake bullshit.
1633
01:42:07,458 --> 01:42:11,398
And so we're just going to keep talking the truth, and we're not going to forget.
1634
01:42:12,318 --> 01:42:13,578
And so that's what we're going to do.
1635
01:42:13,998 --> 01:42:15,998
And so thank you, again, to bring it back.
1636
01:42:16,278 --> 01:42:17,458
Thank you, Admin Pacman.
1637
01:42:17,458 --> 01:42:21,058
You know, we just mentioned this huge jackpot.
1638
01:42:21,058 --> 01:42:28,358
Well, they got a huge jackpot just from your one single boost of 2.1 million sats.
1639
01:42:29,338 --> 01:42:36,438
So thank you so much, and thank you for continuing to allow us the ability to continue talking about this.
1640
01:42:37,158 --> 01:42:40,058
The final thing I want to mention on this is that we were kind of—
1641
01:42:41,138 --> 01:42:47,418
so the way that the boost came in before we committed to pushing all of this forward,
1642
01:42:47,418 --> 01:43:00,618
When Advin Paquin made that boost, Reed got sats in his wallet, I got sats in my wallet, and then some of those sats went to the designated wallet for the Samurai devs.
1643
01:43:01,138 --> 01:43:06,078
And Reed and I said, at this date, we are going to push all of those sats into that wallet.
1644
01:43:07,438 --> 01:43:13,238
And it's kind of hard for us to necessarily, since it was lightning, it's like hard to prove that we've done that.
1645
01:43:13,238 --> 01:43:20,838
But now, apparently, the people who were in control of that AlbiHub wallet was the ungovernable crew.
1646
01:43:21,578 --> 01:43:26,178
And so they have finally taken the pool of the sats that are in that wallet,
1647
01:43:26,438 --> 01:43:34,518
and they've made on-chain transactions to show that they have actually sent those sats to where they're supposed to go.
1648
01:43:35,078 --> 01:43:40,238
And so now you can see that, yes, this isn't some scam where we're talking about this every week,
1649
01:43:40,238 --> 01:43:43,078
and actually we're just ending up with more sats for ourselves.
1650
01:43:43,238 --> 01:43:52,078
No, you can see now there's a train, a trail of history there leading to where they're supposed to go.
1651
01:43:52,598 --> 01:43:56,578
And I just want to make that clear in case anyone's thinking that there's like funny business going on here.
1652
01:43:56,698 --> 01:43:57,298
This is real.
1653
01:43:57,538 --> 01:43:58,798
Like we are pushing Bitcoin.
1654
01:43:59,038 --> 01:44:04,178
We're pushing our financial capital in the direction in which we think will help mitigate injustice.
1655
01:44:06,298 --> 01:44:07,118
All right.
1656
01:44:07,578 --> 01:44:08,878
So let's read off.
1657
01:44:09,438 --> 01:44:11,778
So now we can actually get to the biggest boost
1658
01:44:11,778 --> 01:44:13,638
sent to the show in the past 33 days.
1659
01:44:14,858 --> 01:44:18,378
And so these, I think, are mostly the same.
1660
01:44:18,478 --> 01:44:19,638
I think there's one new one.
1661
01:44:20,038 --> 01:44:22,278
But I will say before I start reading these off,
1662
01:44:22,818 --> 01:44:27,358
it's never been cheaper to get onto this top leaderboard.
1663
01:44:27,358 --> 01:44:32,698
For 5,000, what is it, the fourth and the fifth one on the list
1664
01:44:32,698 --> 01:44:34,098
are both for 5,000 sats.
1665
01:44:34,778 --> 01:44:37,938
So 5,001, you'll jump right to fourth place.
1666
01:44:38,758 --> 01:44:40,598
So just throwing that out there.
1667
01:44:41,698 --> 01:44:42,918
But let's go through these.
1668
01:44:43,358 --> 01:44:46,118
And so, yeah, again, if you end up on this leaderboard,
1669
01:44:46,618 --> 01:44:52,318
if you stay in the top five and you've boosted within the last 33 days,
1670
01:44:52,838 --> 01:44:54,338
then we'll read you out every episode.
1671
01:44:54,798 --> 01:45:00,298
So that's like, I don't know, four episodes of a more evergreen boost.
1672
01:45:00,298 --> 01:45:01,738
All right.
1673
01:45:02,118 --> 01:45:03,458
So let's start here at the top.
1674
01:45:03,638 --> 01:45:07,358
So our top one is from wartime, 50,000 sats via fountain.
1675
01:45:07,938 --> 01:45:14,398
There is a regional Bitcoin meetup on November 6th through November 8th at the Drury Inn in Grand Rapids.
1676
01:45:15,318 --> 01:45:19,098
101-91429, this is the code for discounted rooms.
1677
01:45:19,538 --> 01:45:21,558
The code doesn't work on the app, but it works online.
1678
01:45:22,298 --> 01:45:24,018
The Drury Inn serves breakfast and dinner.
1679
01:45:24,258 --> 01:45:26,678
They also give three free alcohol drinks with dinner.
1680
01:45:27,018 --> 01:45:32,038
So Friday we'll have dinner and drinks, Saturday breakfast and dinner with drinks, and Sunday breakfast.
1681
01:45:32,538 --> 01:45:35,398
We'll figure out lunch on Saturday depending on how many people show up.
1682
01:45:35,398 --> 01:45:40,578
This event is family friendly, so bring your family and let's get a ton of Bitcoiners to hang out and network.
1683
01:45:40,718 --> 01:45:41,098
Be there.
1684
01:45:42,118 --> 01:45:49,158
And that boost came in on Fediman Socratic Seminar with Justin from Minneapolis, Minnesota, episode 26.
1685
01:45:50,458 --> 01:45:50,938
All right.
1686
01:45:51,098 --> 01:45:52,098
Well, thank you, wartime.
1687
01:45:52,638 --> 01:45:58,358
I've been informed that the block of rooms, they initially had a block of 10 rooms.
1688
01:45:59,138 --> 01:46:00,138
That's been filled.
1689
01:46:00,878 --> 01:46:05,278
So at this point, we can't get any information from the hotel
1690
01:46:05,278 --> 01:46:08,658
about how many more people are using the code or anything.
1691
01:46:09,418 --> 01:46:11,978
You can still get, if there's a discounted price or whatever
1692
01:46:11,978 --> 01:46:16,058
and you want to come, it's still available to you,
1693
01:46:16,158 --> 01:46:18,178
but that block of rooms has been filled.
1694
01:46:18,718 --> 01:46:22,038
And so that just shows that people are committing to coming to this thing.
1695
01:46:22,598 --> 01:46:23,378
I'm going to be there.
1696
01:46:23,858 --> 01:46:27,038
A lot of the local Michigan crew are going to be there.
1697
01:46:27,038 --> 01:46:28,278
It's going to be a great time.
1698
01:46:28,578 --> 01:46:29,618
Definitely join us.
1699
01:46:29,618 --> 01:46:30,818
It's going to be fun.
1700
01:46:31,058 --> 01:46:31,858
White paper day, man.
1701
01:46:31,918 --> 01:46:32,318
Halloween.
1702
01:46:32,998 --> 01:46:33,498
Let's go.
1703
01:46:34,498 --> 01:46:34,658
Sweet.
1704
01:46:35,938 --> 01:46:36,218
All right.
1705
01:46:36,318 --> 01:46:40,558
Second on the list is a big, giant row of ducks.
1706
01:46:41,298 --> 01:46:44,358
22,222 sats from Fountain.
1707
01:46:44,898 --> 01:46:46,718
And that's from At Needs Creations.
1708
01:46:46,938 --> 01:46:48,698
Phil, no comment with boost.
1709
01:46:49,378 --> 01:46:54,238
And that's on Quiet on Quantum, Loud on Privacy with Satsy in Armin, Boston, Massachusetts.
1710
01:46:54,398 --> 01:46:55,438
Episode 27.
1711
01:46:56,518 --> 01:46:57,778
Thank you, Phil.
1712
01:46:57,778 --> 01:47:02,838
then we've got 16,000 sats via localbitcoiners.com
1713
01:47:02,838 --> 01:47:04,998
and that was again, that was Wartime Psychopath
1714
01:47:04,998 --> 01:47:07,838
and this is him posting his meetup
1715
01:47:07,838 --> 01:47:09,338
or featuring his meetup
1716
01:47:09,338 --> 01:47:14,118
which we just went over for the weekend at Drury Inn
1717
01:47:14,118 --> 01:47:17,838
from Friday, November 6th to Sunday, November 8th
1718
01:47:17,838 --> 01:47:21,278
alright, and our last two
1719
01:47:21,278 --> 01:47:23,578
so this next one we're going to read off in the boost section
1720
01:47:23,578 --> 01:47:25,778
this is from 5 days ago from Witsixer
1721
01:47:25,778 --> 01:47:31,818
5,000 stats via localbitcoiners.com. Message is, I've been to several Bitcoin meetups, but never
1722
01:47:31,818 --> 01:47:35,698
a Nostra meetup. I think in the future, Nostra meetups will spring up everywhere.
1723
01:47:36,238 --> 01:47:41,098
The reason behind it will be that it connects community without the middleman, the state and
1724
01:47:41,098 --> 01:47:46,178
the federal government. The people need an online way to build community that isn't being milked by
1725
01:47:46,178 --> 01:47:51,478
rent seekers. Nostra Valley sounds like fun. And that was on our last episode, Cooking Up
1726
01:47:51,478 --> 01:47:55,798
Community at Nostra Valley with Seth from State College of Pennsylvania, episode 29.
1727
01:47:57,958 --> 01:48:05,158
And finally, the last boost here was from 19 days ago, also 5,000 sats via localbitcoiners.com,
1728
01:48:05,258 --> 01:48:06,618
and also from Witsixer.
1729
01:48:07,398 --> 01:48:09,678
His message there was, good episode.
1730
01:48:09,858 --> 01:48:11,038
I need to clear up a few things.
1731
01:48:11,298 --> 01:48:13,158
Listening on 5x is the only way to go.
1732
01:48:13,518 --> 01:48:15,458
One second on the clock.
1733
01:48:15,638 --> 01:48:17,058
Look a little deeper into that post.
1734
01:48:17,058 --> 01:48:20,498
All may not appear on the screen until you dig a little bit deeper.
1735
01:48:20,498 --> 01:48:22,718
and that was on episode 28
1736
01:48:22,718 --> 01:48:36,044
reducing friction and increasing velocity builds culture alright and I will with that last WIT Sixer boost is that these are terms that
1737
01:48:36,044 --> 01:48:37,444
we're starting to use more.
1738
01:48:38,144 --> 01:48:39,184
Friction and velocity.
1739
01:48:40,464 --> 01:48:42,124
And if you want to gain a better understanding
1740
01:48:42,124 --> 01:48:44,204
of what we're actually talking about there,
1741
01:48:44,204 --> 01:48:45,944
you should go back and listen to that episode.
1742
01:48:46,084 --> 01:48:48,044
It's a solo rip of just Reed and I.
1743
01:48:48,564 --> 01:48:49,484
No guests there.
1744
01:48:50,044 --> 01:48:51,464
And we just really break down
1745
01:48:51,464 --> 01:48:57,064
what this idea around building cultural capital facilitates.
1746
01:48:57,784 --> 01:48:59,684
And I've been spending some time on Stacker News
1747
01:48:59,684 --> 01:49:02,864
because I think this is a Stacker News we've talked about as well
1748
01:49:02,864 --> 01:49:05,564
as a place to...
1749
01:49:05,564 --> 01:49:07,024
Basically, at Stacker News,
1750
01:49:07,144 --> 01:49:10,324
you can see the exemplification of the velocity there
1751
01:49:10,324 --> 01:49:13,304
and the reduce of friction.
1752
01:49:13,964 --> 01:49:17,124
So anyways, check that episode out.
1753
01:49:17,864 --> 01:49:20,344
We're going to continue to use this language moving forward.
1754
01:49:21,464 --> 01:49:25,124
And I guess with that, is it time to go into the boosts?
1755
01:49:25,124 --> 01:49:27,024
There's a couple more things.
1756
01:49:27,564 --> 01:49:28,784
First, I just wanted to say...
1757
01:49:28,784 --> 01:49:30,064
With the streamers and the...
1758
01:49:30,064 --> 01:49:31,204
Yeah, yeah, yeah.
1759
01:49:31,224 --> 01:49:34,124
But first, I wanted to say, dude, it's been really fun.
1760
01:49:35,584 --> 01:49:37,564
I made one post on Stacker News,
1761
01:49:37,764 --> 01:49:39,604
but then maybe didn't quite follow through
1762
01:49:39,604 --> 01:49:41,624
with being super active in that community,
1763
01:49:41,784 --> 01:49:43,044
although I haven't been active
1764
01:49:43,044 --> 01:49:47,204
on really too many of my communities recently.
1765
01:49:47,204 --> 01:49:51,844
I've been kind of trying to take a little bit of a breather
1766
01:49:51,844 --> 01:49:54,644
from how much time I've been spending on the internet.
1767
01:49:55,064 --> 01:49:58,404
So I've been trying to be away from my computer a little bit more recently
1768
01:49:58,404 --> 01:49:59,884
and my phone.
1769
01:50:01,644 --> 01:50:05,304
But that being said, it's been really cool hearing about all your experiences
1770
01:50:05,304 --> 01:50:09,744
on Stacker News because Stacker News, it sounds like super strong community,
1771
01:50:10,284 --> 01:50:16,324
very active community, a community that's very willing to send sats around,
1772
01:50:16,324 --> 01:50:20,244
value for value style and reward content that they like,
1773
01:50:20,444 --> 01:50:21,704
curate content that they like.
1774
01:50:23,424 --> 01:50:26,344
So yeah, it's a lot of the gamification stuff
1775
01:50:26,344 --> 01:50:27,364
that we talk about here,
1776
01:50:27,524 --> 01:50:29,964
that we talk about wanting to see more of it on Nostre,
1777
01:50:30,464 --> 01:50:31,624
they're already doing it.
1778
01:50:32,324 --> 01:50:33,584
And that's really cool.
1779
01:50:33,684 --> 01:50:35,264
And I think there's a lot of lessons that,
1780
01:50:35,824 --> 01:50:38,324
let's just say like the Nostre community, for example,
1781
01:50:38,724 --> 01:50:40,284
could learn from them.
1782
01:50:40,684 --> 01:50:43,804
Maybe some cool clients that offer up feeds
1783
01:50:43,804 --> 01:50:46,564
in a similar way would be cool.
1784
01:50:47,064 --> 01:50:48,104
I don't know if those exist.
1785
01:50:48,224 --> 01:50:49,744
It's possible that those are already out there
1786
01:50:49,744 --> 01:50:52,624
and I just don't know about it, but very cool.
1787
01:50:52,964 --> 01:50:55,444
I've been enjoying hearing more
1788
01:50:55,444 --> 01:50:57,384
about the Stacker News community.
1789
01:50:58,924 --> 01:51:01,104
Yeah, Stacker News is an example of like
1790
01:51:01,104 --> 01:51:03,784
when you have years under your belt
1791
01:51:03,784 --> 01:51:05,044
of trying to develop something,
1792
01:51:07,204 --> 01:51:09,864
what that manifests as.
1793
01:51:09,864 --> 01:51:16,104
and so there's definitely lessons to be learned there if you're interested in creating incentives
1794
01:51:16,104 --> 01:51:22,544
for velocity in your meetup around community you can take a lot of the stuff that's going on
1795
01:51:22,544 --> 01:51:26,884
in stacker news and apply it to your group chat you can apply it to your meetup itself you can
1796
01:51:26,884 --> 01:51:33,924
apply a lot of the the incentives there to anything that you're doing to to build that
1797
01:51:33,924 --> 01:51:40,064
cultural capital. I think that it's a really cool game, right? It's another distillation
1798
01:51:40,064 --> 01:51:45,204
of an exemplification of like when you increase the velocity and you create incentives to
1799
01:51:45,204 --> 01:51:50,004
increase the velocity, what happens there? And it's very, very interesting.
1800
01:51:51,744 --> 01:51:55,324
All right. And yep, you were right. The last couple of things I wanted to do is shout out
1801
01:51:55,324 --> 01:52:00,844
to streamers. We have had two people stream us sats since last week. That would be Chad F
1802
01:52:00,844 --> 01:52:02,944
streaming us sats from Cast-O-Matic
1803
01:52:02,944 --> 01:52:04,604
and Loges
1804
01:52:04,604 --> 01:52:07,484
streaming us sats from Boost Me Bitch.
1805
01:52:07,904 --> 01:52:08,484
Let's go.
1806
01:52:09,264 --> 01:52:09,624
And actually,
1807
01:52:09,964 --> 01:52:13,644
so over the last
1808
01:52:13,644 --> 01:52:14,984
only few days,
1809
01:52:15,324 --> 01:52:17,484
but over the last weekend approximately,
1810
01:52:18,584 --> 01:52:19,464
Boost Me Bitch
1811
01:52:19,464 --> 01:52:21,504
actually has
1812
01:52:21,504 --> 01:52:23,224
rolled out a full
1813
01:52:23,224 --> 01:52:25,044
podcast player experience
1814
01:52:25,044 --> 01:52:26,944
where you can queue stuff up
1815
01:52:26,944 --> 01:52:29,184
and you can have all your favorite shows
1816
01:52:29,184 --> 01:52:33,564
lined up. It'll show you when the next episodes come out. You can download the content,
1817
01:52:33,564 --> 01:52:37,684
store it locally. And I have
1818
01:52:37,684 --> 01:52:41,564
been thoroughly enjoying it. It's actually, I'll just say, we
1819
01:52:41,564 --> 01:52:45,584
all call it Boost Me Bitch here, but there is a companion app in the
1820
01:52:45,584 --> 01:52:48,964
Zap, and that would be in Zap Store for Android phones.
1821
01:52:50,104 --> 01:52:53,764
And it's called Boost Me Buddy. And so Boost Me
1822
01:52:53,764 --> 01:52:57,744
Buddy has been my podcast player of choice here for the last few days.
1823
01:52:57,744 --> 01:53:05,584
And yeah, Chad, you'll be hearing I have a handful of feedback items, maybe feature requests.
1824
01:53:05,724 --> 01:53:08,184
We'll see that I'll be passing along.
1825
01:53:08,304 --> 01:53:10,064
But yeah, I've been I've been having a blast.
1826
01:53:10,244 --> 01:53:15,804
And so really looking forward to that, getting some more time and continuing to get built out.
1827
01:53:16,044 --> 01:53:19,784
Very cool alternative podcast listening player.
1828
01:53:20,784 --> 01:53:26,584
And Logs has a cool podcast about vinyl records.
1829
01:53:26,584 --> 01:53:30,404
and the last episode that Loges put out
1830
01:53:30,404 --> 01:53:33,444
was really, you could take a lot of the stuff,
1831
01:53:33,524 --> 01:53:34,824
if you go back and listen to that episode,
1832
01:53:35,324 --> 01:53:35,944
you can take a lot,
1833
01:53:36,104 --> 01:53:38,884
because he talks about how to source and analyze vinyl
1834
01:53:38,884 --> 01:53:40,624
and how to build your collection and stuff
1835
01:53:40,624 --> 01:53:45,384
and obviously all this, this is life, right?
1836
01:53:45,524 --> 01:53:48,924
But you can learn a lot from just listening to that episode
1837
01:53:48,924 --> 01:53:53,204
how Loges breaks down how to source and seek out vinyl
1838
01:53:53,204 --> 01:53:57,964
and apply that to how to find new people for your meetup
1839
01:53:57,964 --> 01:54:02,524
and just integrate more locally.
1840
01:54:02,524 --> 01:54:05,144
I think a big portion of what he talks about there
1841
01:54:05,144 --> 01:54:07,244
is the local element of sourcing vinyl.
1842
01:54:07,924 --> 01:54:10,244
So I've been listening to the,
1843
01:54:10,304 --> 01:54:11,984
I think it's called the Hot Wax Club,
1844
01:54:12,564 --> 01:54:13,484
Hot Wax Social Club.
1845
01:54:13,484 --> 01:54:14,524
Hot Wax Social Club, yep.
1846
01:54:14,864 --> 01:54:17,604
Yeah, and so check out Log's podcast,
1847
01:54:18,204 --> 01:54:21,184
Indianapolis, Bitcoiner over there.
1848
01:54:22,204 --> 01:54:22,764
Cool dude.
1849
01:54:22,764 --> 01:54:27,144
MetaMetLakeSatoshi, really appreciate all Log's support as well.
1850
01:54:28,744 --> 01:54:29,544
All right.
1851
01:54:29,704 --> 01:54:32,944
So now we're ready to transition to the boosts.
1852
01:54:33,424 --> 01:54:33,764
You ready?
1853
01:54:34,184 --> 01:54:34,524
You got them all?
1854
01:54:34,524 --> 01:54:35,664
Yeehaw, let's go.
1855
01:54:35,824 --> 01:54:36,044
Yeah.
1856
01:54:36,324 --> 01:54:37,304
We got some boosts.
1857
01:54:37,624 --> 01:54:38,424
We got some velocity.
1858
01:54:39,224 --> 01:54:41,044
And we're starting off with Witsixer.
1859
01:54:41,104 --> 01:54:44,624
And this might be a repeat of what we just heard, but why not?
1860
01:54:44,684 --> 01:54:45,364
Let's read it again.
1861
01:54:45,684 --> 01:54:48,904
5,000 sats via localbitcoiners.com.
1862
01:54:49,644 --> 01:54:50,164
Witsixer.
1863
01:54:50,164 --> 01:54:53,784
I've been to several Bitcoin meetups, but never a Nostra meetup.
1864
01:54:53,864 --> 01:54:57,524
I think in the future, Nostra meetups will spring up everywhere.
1865
01:54:58,284 --> 01:55:05,584
The reason behind it will be that it connects community without the middleman, the state and the Fed, the federal government.
1866
01:55:06,844 --> 01:55:11,344
People need an online way to build community that isn't milked by rent seekers.
1867
01:55:11,684 --> 01:55:12,944
Nostra Valley sounds like fun.
1868
01:55:12,944 --> 01:55:20,064
And that's the whole idea with Sixer is that these places are ours, that we own them.
1869
01:55:20,164 --> 01:55:34,144
We own the identity. We own the relays. We own the stuff. Nobody can stop it. And if you try and stop it, it's like squeezing. The harder you try and squeeze the soap, the faster it slips out of your hand.
1870
01:55:34,144 --> 01:55:52,564
You know, so it's a great mechanism for the revolution leading to the renaissance, right? We have to have the revolution start and the revolution can only succeed if it can't be squashed. It can't be quashed. It can't be stopped.
1871
01:55:52,564 --> 01:55:54,944
and Noster is a great way.
1872
01:55:55,664 --> 01:55:58,304
In addition, when you add Noster and Bitcoin together,
1873
01:55:58,404 --> 01:56:01,464
that's a great way to have an unstoppable way
1874
01:56:01,464 --> 01:56:05,244
of moving capital in the direction that you want.
1875
01:56:05,664 --> 01:56:06,204
And guess what?
1876
01:56:06,244 --> 01:56:08,504
We got another boost from Witsixer.
1877
01:56:09,024 --> 01:56:11,104
Thousand sats via localbitcoiners.com.
1878
01:56:13,044 --> 01:56:16,504
You touched on the idea of doing regional blocks
1879
01:56:16,504 --> 01:56:18,564
in your podcast with the purpose
1880
01:56:18,564 --> 01:56:20,984
of bringing the meetups and regions together.
1881
01:56:20,984 --> 01:56:31,604
I know for me, the knowledge that we have Bitcoiners near Cleveland and other parts of the Midwest has really opened my mind to all sorts of ideas to include them in Cleveland Bitcoin's plans.
1882
01:56:32,084 --> 01:56:36,404
I'd say your approach to bringing us together really worked. Kudos to you both.
1883
01:56:36,564 --> 01:56:41,884
And that was on Big Upside, Small Risks, The Value of Bitcoin Meetups, episode 13.
1884
01:56:42,124 --> 01:56:43,284
Wow, that was an old one.
1885
01:56:44,324 --> 01:56:44,664
Hell yeah.
1886
01:56:45,664 --> 01:56:50,384
Yeah, this whole idea of talking to the regions, it's really paid off.
1887
01:56:50,384 --> 01:56:57,344
you know uh connecting just just doing these these episodes where it's it's meetup organizers
1888
01:56:57,344 --> 01:57:02,284
of a certain region a lot of we found that a lot of times these guys weren't talking to each other
1889
01:57:02,284 --> 01:57:07,784
and they weren't cooperating with each other and just the mere fact of us saying like hey we
1890
01:57:07,784 --> 01:57:13,384
we did you know that there was this other meetup right two hours away from you and they didn't and
1891
01:57:13,384 --> 01:57:18,684
now they're starting to cooperate and do stuff together this is the whole the whole idea of the
1892
01:57:18,684 --> 01:57:24,504
show here is that it's about Bitcoin meetups and it's about getting Bitcoin meetups to cooperate
1893
01:57:24,504 --> 01:57:30,724
in greater capacities at regional levels. And then hopefully we have this network of Bitcoin
1894
01:57:30,724 --> 01:57:35,604
meetups all over the country and world that if we're holding the door open, as we talked with
1895
01:57:35,604 --> 01:57:41,344
Average Gary, right, we're holding the door open. So that way, when somebody finds out about Bitcoin
1896
01:57:41,344 --> 01:57:46,824
and they need some guidance, they need some community, they need a place to sell their
1897
01:57:46,824 --> 01:57:50,364
stuff and earn some Bitcoin, there's a whole thing right there, ready to go.
1898
01:57:50,684 --> 01:57:58,384
And you can plug into it and boom, you can connect regionally beyond just 20 people in
1899
01:57:58,384 --> 01:57:59,044
your local scene.
1900
01:57:59,724 --> 01:58:03,204
20 people seem small, but when you have 20 people here, 20 people there, 20 people over
1901
01:58:03,204 --> 01:58:05,424
there, it gets pretty powerful, guys.
1902
01:58:06,704 --> 01:58:06,804
Yeah.
1903
01:58:06,844 --> 01:58:14,184
And we've seen, I think that that area was a great example, like a great example of that
1904
01:58:14,184 --> 01:58:15,464
kind of working, right?
1905
01:58:15,464 --> 01:58:23,004
We also talked about the Carolinas where we did a similar – we did a region right – I think it was right before that region.
1906
01:58:24,184 --> 01:58:27,324
We did in the Carolinas, or maybe it was right after.
1907
01:58:27,644 --> 01:58:28,664
I can't remember now.
1908
01:58:29,384 --> 01:58:32,264
Carolinas and then it was the Midwest stuff.
1909
01:58:32,364 --> 01:58:32,604
Yeah, yeah.
1910
01:58:32,744 --> 01:58:33,784
Okay, yeah, yeah.
1911
01:58:33,944 --> 01:58:34,944
So that was first.
1912
01:58:35,884 --> 01:58:42,124
And that was another one where it was like we were watching it happen before our eyes.
1913
01:58:42,124 --> 01:58:56,424
Like all the meetup organizers are starting to coalesce and start to get into, have their own Bitcoin, you know, a group chat just for the Bitcoin meetup organizers in the area, which I thought was a cool idea too.
1914
01:58:58,004 --> 01:59:04,564
But yeah, thanks, WoodSixer. Going back, listening to the old episodes, always good to talk about these things again. So thank you.
1915
01:59:05,104 --> 01:59:07,884
Appreciate the boost. Appreciate the thoughtful notes there.
1916
01:59:08,564 --> 01:59:11,444
Next, we got 101 sats via fountain from Nostra Gang.
1917
01:59:11,924 --> 01:59:15,844
Shout out to Seth, Nostra OG, Orange Heart, Purple Heart.
1918
01:59:15,844 --> 01:59:18,924
And that was on Cooking Up Community at Nostra Valley with Seth,
1919
01:59:19,424 --> 01:59:22,324
State College PA, episode 29.
1920
01:59:23,624 --> 01:59:24,604
Well, thanks, Nostra Gang.
1921
01:59:25,244 --> 01:59:26,484
You got credit for that one.
1922
01:59:27,324 --> 01:59:30,204
Can I just say, I really like the title of that episode,
1923
01:59:30,824 --> 01:59:32,064
Cooking Up Community, right?
1924
01:59:32,184 --> 01:59:33,664
Because we talked about ZapDoc Cooking.
1925
01:59:34,484 --> 01:59:35,984
We talked all about communities,
1926
01:59:35,984 --> 01:59:38,524
and we talked about the Nostra Valley meetup,
1927
01:59:38,644 --> 01:59:40,184
which is coming up.
1928
01:59:41,084 --> 01:59:43,124
So yeah, check out Nostra Valley.
1929
01:59:44,064 --> 01:59:45,704
Nostra meetup is a Bitcoin meetup.
1930
01:59:45,784 --> 01:59:47,664
Nostra keys are Bitcoin keys, guys.
1931
01:59:49,024 --> 01:59:54,324
All those folks out there that think that they're using Monero on Nostra,
1932
01:59:54,684 --> 01:59:56,544
really you're using Bitcoin, guys,
1933
01:59:56,844 --> 01:59:59,104
because Nostra keys are Bitcoin keys.
1934
01:59:59,664 --> 01:59:59,944
Anyways.
1935
02:00:00,624 --> 02:00:01,724
And not Monero keys.
1936
02:00:02,424 --> 02:00:03,604
Yeah, they ain't Monero keys.
1937
02:00:03,604 --> 02:00:08,844
Next, we got 419 sats via localbitcoiners.com from Permanerd.
1938
02:00:09,424 --> 02:00:10,924
A triumphant return indeed.
1939
02:00:11,164 --> 02:00:13,024
Another great guest in Seth.
1940
02:00:13,464 --> 02:00:15,684
Listen to get smarter and more handsome.
1941
02:00:16,084 --> 02:00:21,244
Oh, so Nostrigang, every time he listens, he's getting smarter and more handsome.
1942
02:00:21,864 --> 02:00:28,864
And you know, Permanerd, if you do spin up that meetup out there where you're at,
1943
02:00:29,344 --> 02:00:32,124
people will be able to confirm your handsomeness.
1944
02:00:32,124 --> 02:00:34,124
that will get to see your face
1945
02:00:34,124 --> 02:00:37,304
and eat your freeze-dried fudgesicles
1946
02:00:37,304 --> 02:00:39,064
and everything else that you got going on.
1947
02:00:39,524 --> 02:00:40,904
And that was on Cooking Up Community
1948
02:00:40,904 --> 02:00:42,484
at Nostra Valley with Seth,
1949
02:00:42,904 --> 02:00:45,364
State College, Pennsylvania, episode 29.
1950
02:00:48,104 --> 02:00:50,324
You got to listen to the Yotta podcast as well.
1951
02:00:51,044 --> 02:00:52,344
That's a good one.
1952
02:00:53,024 --> 02:00:54,124
Yeah, let's go, Permanente.
1953
02:00:54,784 --> 02:00:56,104
Thanks for the boost, man.
1954
02:00:56,224 --> 02:00:56,844
Appreciate it.
1955
02:00:57,704 --> 02:01:08,970
Next we got a sneaky one 21 sats via bullish boosts 21 sats How How did bullish get in here 21 sats via bullish boosts
1956
02:01:09,410 --> 02:01:11,770
The bullish bitcoiner, and he says boost,
1957
02:01:12,230 --> 02:01:14,690
and that's cooking up community at Nostra Valley with Seth,
1958
02:01:15,070 --> 02:01:16,930
State College PA, episode 29.
1959
02:01:17,730 --> 02:01:19,090
So apparently—
1960
02:01:19,090 --> 02:01:21,650
I'll give bullish a bit of a pass here
1961
02:01:21,650 --> 02:01:24,630
because the number of boosts that he sent us
1962
02:01:24,630 --> 02:01:28,850
that are not on here is also tremendous, actually.
1963
02:01:28,870 --> 02:01:35,730
Yeah, no, he's been trying to figure out a way to get his boosts to propagate on all of our stuff.
1964
02:01:36,650 --> 02:01:39,190
And so at this point, he's had some fatigue.
1965
02:01:39,210 --> 02:01:39,850
Thank you for sticking with it.
1966
02:01:40,190 --> 02:01:41,670
Yeah, thank you for sticking with it.
1967
02:01:42,010 --> 02:01:46,470
And yeah, if we've got one boost from Bullish on here for 21SATs,
1968
02:01:46,570 --> 02:01:53,110
like obviously we have at least a dozen more 21SAT boosts from him that are set.
1969
02:01:53,230 --> 02:01:54,950
You know, they came into our nodes and everything,
1970
02:01:54,950 --> 02:01:59,010
but they didn't end up where we wanted them to on the website until now.
1971
02:01:59,310 --> 02:02:00,730
So thanks, Bullish.
1972
02:02:00,930 --> 02:02:02,390
We really appreciate you sticking with it.
1973
02:02:02,950 --> 02:02:05,410
I don't mean to diminish the amount.
1974
02:02:05,770 --> 02:02:10,390
It's just more about that the 100 sat is kind of the standard.
1975
02:02:12,010 --> 02:02:13,730
I'll take 21 sats. Great.
1976
02:02:14,470 --> 02:02:19,190
It just gets a little complicated when you try and split out 21 sats.
1977
02:02:19,250 --> 02:02:21,210
You end up with millisats and all this weird stuff.
1978
02:02:21,210 --> 02:02:26,990
Next we got 100 sats via Boost Me Bitch from Chad F and 33 others.
1979
02:02:27,390 --> 02:02:29,390
Hey Reed, does this fix helipad?
1980
02:02:31,650 --> 02:02:36,490
Cooking up community at Nostra Valley with Seth, State College PA, episode 29.
1981
02:02:37,090 --> 02:02:38,650
I don't know. Does it?
1982
02:02:38,730 --> 02:02:40,930
I believe the answer to that is it did.
1983
02:02:42,390 --> 02:02:44,470
Let me see if I can pull it up right now.
1984
02:02:45,250 --> 02:02:47,290
I'm pretty sure filter by podcast.
1985
02:02:49,710 --> 02:02:50,570
Let's see.
1986
02:02:51,210 --> 02:02:53,890
I'm pretty sure I checked when that one came in.
1987
02:02:54,070 --> 02:02:55,530
Yeah, so right, it does.
1988
02:02:56,330 --> 02:02:57,650
I see it right here.
1989
02:02:58,890 --> 02:03:02,410
I think originally, not originally,
1990
02:03:02,650 --> 02:03:08,450
there was some update that came out to Boost Me Bitch,
1991
02:03:09,050 --> 02:03:11,710
and all of a sudden, like a lot of the metadata
1992
02:03:11,710 --> 02:03:13,150
wasn't coming through in Helipad.
1993
02:03:13,990 --> 02:03:17,510
And so I had said something similar to Bullish,
1994
02:03:17,830 --> 02:03:18,830
and then I was like,
1995
02:03:18,830 --> 02:03:21,230
whoa, it's actually happening in Boost Me Bitch now too.
1996
02:03:21,350 --> 02:03:24,310
And then I was like, oh shit, maybe our website is broken
1997
02:03:24,310 --> 02:03:27,030
or maybe my node or my helipad instance is broken.
1998
02:03:27,790 --> 02:03:31,250
But no, it turned out to be, there was an update in Boost Me Bitch
1999
02:03:31,250 --> 02:03:33,430
that lost some of the metadata, I think.
2000
02:03:33,770 --> 02:03:35,310
So it appears to be fixed now, Chad.
2001
02:03:35,530 --> 02:03:38,450
Thank you for your continued testing.
2002
02:03:39,770 --> 02:03:43,010
Man, everyone's got to try and poke holes in this stuff.
2003
02:03:44,410 --> 02:03:46,290
We can do it without the clankers.
2004
02:03:46,290 --> 02:03:49,130
you can actually just boost things
2005
02:03:49,130 --> 02:03:50,970
and see if it works or not.
2006
02:03:52,410 --> 02:03:53,770
Next we got 100 sats.
2007
02:03:54,050 --> 02:03:54,930
There you go, Bullish.
2008
02:03:54,990 --> 02:03:55,490
You got it.
2009
02:03:55,590 --> 02:03:58,130
100 sats via Bullish Boosts,
2010
02:03:58,350 --> 02:03:59,250
the Bullish Bitcoiner.
2011
02:04:01,090 --> 02:04:04,850
Okay, so you get some Bitcoin slash Nostra swag
2012
02:04:04,850 --> 02:04:06,610
or get you...
2013
02:04:06,610 --> 02:04:07,650
Okay, let me start over.
2014
02:04:07,830 --> 02:04:11,890
Get you some Bitcoin slash Nostra swag
2015
02:04:11,890 --> 02:04:12,890
at the Bullish shop.
2016
02:04:13,390 --> 02:04:15,630
I've got designs that are bullishly Bitcoin
2017
02:04:15,630 --> 02:04:17,750
and others that are more subtle.
2018
02:04:18,430 --> 02:04:21,650
Use code LOCALBTC, all caps.
2019
02:04:22,430 --> 02:04:25,610
LOCALBTC, all caps, for 10% off.
2020
02:04:26,550 --> 02:04:29,210
TakeMySats.com forward slash bullish.
2021
02:04:29,910 --> 02:04:31,150
And that was on Cooking Up Community.
2022
02:04:32,370 --> 02:04:35,750
At Nostra Valley with Seth, State College PA, episode 29.
2023
02:04:36,310 --> 02:04:37,450
So yeah, get some swag.
2024
02:04:37,810 --> 02:04:39,130
Go support Bullish.
2025
02:04:41,150 --> 02:04:41,870
Got it.
2026
02:04:41,910 --> 02:04:42,590
You got it working.
2027
02:04:42,590 --> 02:04:47,730
And finally, we have 100 Sats via Fountain from Pyrohawk.
2028
02:04:48,390 --> 02:04:49,910
Reed, that's a good one-liner.
2029
02:04:50,130 --> 02:04:51,410
Noster, find your community.
2030
02:04:51,570 --> 02:04:53,090
Hashtag 40HBW.
2031
02:04:53,550 --> 02:04:54,370
Local big corners.
2032
02:04:54,890 --> 02:04:59,930
Cooking up community at Noster Valley with Seth State College PA, episode 29.
2033
02:05:00,630 --> 02:05:01,570
Thanks, Pyrohawk.
2034
02:05:02,190 --> 02:05:06,010
I think that, you know, I guess I'll let Reed follow up on that one.
2035
02:05:06,010 --> 02:05:16,870
But I do believe that Noster is less about the kind one clients and more about the communities that can develop around the protocol, right?
2036
02:05:16,950 --> 02:05:21,290
We're finding out that the kind one clients are kind of noisy and not where it's at.
2037
02:05:22,650 --> 02:05:27,010
And these don't have to necessarily be closed communities, right?
2038
02:05:27,030 --> 02:05:27,850
Like a group chat.
2039
02:05:28,050 --> 02:05:31,490
Like if you start a signal group chat, that's like a closed community, right?
2040
02:05:31,510 --> 02:05:32,670
It's not interoperable.
2041
02:05:32,790 --> 02:05:34,250
It's not interoperable.
2042
02:05:34,250 --> 02:05:35,230
Right, right, right.
2043
02:05:35,230 --> 02:05:36,330
It's just, that's it.
2044
02:05:36,410 --> 02:05:37,010
That's your group.
2045
02:05:37,270 --> 02:05:39,310
If you put a message there, it doesn't go anywhere else.
2046
02:05:39,390 --> 02:05:40,650
It just goes to that one group.
2047
02:05:41,250 --> 02:05:43,290
But the types of communities that we're building on Nostra
2048
02:05:43,290 --> 02:05:46,230
are more open communities where you can kind of make,
2049
02:05:46,570 --> 02:05:49,110
you can, as Rev says all the time,
2050
02:05:49,450 --> 02:05:51,490
we can create some borders, right,
2051
02:05:51,650 --> 02:05:52,970
around some of these communities.
2052
02:05:53,070 --> 02:05:56,290
We still exist in the broader, let's say, Nostra ecosystem
2053
02:05:56,290 --> 02:05:58,430
where your notes are still public, right?
2054
02:05:58,470 --> 02:05:59,850
They're still going out to everywhere.
2055
02:05:59,850 --> 02:06:04,770
But we can curate an experience on a Nostra client
2056
02:06:05,230 --> 02:06:07,830
that focuses on specific communities.
2057
02:06:08,690 --> 02:06:11,670
And so that's exactly what LocalBitcoiners does.
2058
02:06:12,390 --> 02:06:14,590
And honestly, that's what one of the things
2059
02:06:14,590 --> 02:06:17,470
that I'm trying to do with onlyboost.social
2060
02:06:17,470 --> 02:06:22,650
is highlight that you can go to a specific podcast
2061
02:06:22,650 --> 02:06:25,110
and you can find that podcast community,
2062
02:06:25,510 --> 02:06:27,610
at least the portion of it that exists on Noster.
2063
02:06:28,570 --> 02:06:30,330
And so that's what I'm thinking.
2064
02:06:30,330 --> 02:06:34,270
I'm hoping that eventually that'll be
2065
02:06:34,270 --> 02:06:37,250
when people think of what is Nostra 4,
2066
02:06:37,430 --> 02:06:39,370
well, Nostra is like where people build
2067
02:06:39,370 --> 02:06:40,290
their little communities.
2068
02:06:42,690 --> 02:06:43,090
And so, yeah.
2069
02:06:43,170 --> 02:06:44,170
So thanks, Pyrohawk.
2070
02:06:44,270 --> 02:06:45,130
I appreciate that.
2071
02:06:45,890 --> 02:06:48,010
Pyrohawk, what I'm thinking about this all is like
2072
02:06:48,010 --> 02:06:51,250
with the Kind1 clients and everything,
2073
02:06:51,810 --> 02:06:53,530
the way I'm starting to see the Kind1 clients,
2074
02:06:53,690 --> 02:06:55,330
especially because of all the stuff
2075
02:06:55,330 --> 02:06:57,690
that's been popping up around podcasting and everything,
2076
02:06:58,550 --> 02:07:01,890
is that the Kind1 client is actually a feed
2077
02:07:01,890 --> 02:07:04,250
where you go and you're reminded of these
2078
02:07:04,270 --> 02:07:05,670
other places you can go visit.
2079
02:07:07,050 --> 02:07:12,150
Like it links you out to another Noster location.
2080
02:07:13,150 --> 02:07:16,050
The kind one client itself is not necessarily the location
2081
02:07:16,050 --> 02:07:18,090
where all of the activity is happening.
2082
02:07:18,550 --> 02:07:22,050
It's more of just like the global state
2083
02:07:22,050 --> 02:07:25,950
of these possible places where you can go.
2084
02:07:26,290 --> 02:07:27,750
And that, once you go to that place,
2085
02:07:28,130 --> 02:07:30,430
that's when you actually get into the nitty gritty,
2086
02:07:30,430 --> 02:07:32,850
fun interaction point.
2087
02:07:34,270 --> 02:07:35,770
Yeah, good way of putting it.
2088
02:07:35,770 --> 02:07:38,290
The kind when clients are just like an aggregate feed
2089
02:07:38,290 --> 02:07:42,650
of all of the other cool shit you can do on Oster at this point.
2090
02:07:43,590 --> 02:07:45,310
We'll see how that plays out.
2091
02:07:45,670 --> 02:07:47,210
Everything ebbs and flows, right?
2092
02:07:47,430 --> 02:07:49,070
These systems are successional.
2093
02:07:49,970 --> 02:07:51,450
And so with that final boost,
2094
02:07:51,870 --> 02:07:55,730
we've discussed posing a question to, you know,
2095
02:07:57,950 --> 02:08:01,910
now we're trying to give some framework for a boost.
2096
02:08:01,910 --> 02:08:06,910
if you want to participate with the show, here's a new idea.
2097
02:08:07,730 --> 02:08:08,670
We've got a question.
2098
02:08:09,250 --> 02:08:12,890
Over the course of the episode, I mentioned that, you know,
2099
02:08:13,070 --> 02:08:17,670
there is this idea of a revolution that leads to a renaissance.
2100
02:08:18,070 --> 02:08:18,910
So what do you think?
2101
02:08:20,050 --> 02:08:23,790
Is what Bitcoin is doing, is what Nostra doing, is this a revolution?
2102
02:08:24,430 --> 02:08:25,490
Why is it a revolution?
2103
02:08:25,990 --> 02:08:26,790
Is it a renaissance?
2104
02:08:27,070 --> 02:08:27,950
Why is it a renaissance?
2105
02:08:28,870 --> 02:08:31,390
Does one thing need to happen before the other?
2106
02:08:31,390 --> 02:08:35,550
Let us know what you think about this idea of revolution and renaissance.
2107
02:08:36,510 --> 02:08:39,970
Is this framing, a good framing?
2108
02:08:40,350 --> 02:08:41,270
Is this dangerous?
2109
02:08:42,290 --> 02:08:42,990
Let us know.
2110
02:08:44,470 --> 02:08:45,210
What do you think?
2111
02:08:45,510 --> 02:08:47,550
So this is our first time doing this.
2112
02:08:48,150 --> 02:08:53,370
And we intentionally, by the way, we're at the just over two-hour mark here, right?
2113
02:08:53,470 --> 02:08:56,790
So if you've hung with us here all the way to the end of the episode,
2114
02:08:57,190 --> 02:08:58,250
we want to hear from you.
2115
02:08:59,030 --> 02:09:00,290
But I'll ask you, Rev.
2116
02:09:00,290 --> 02:09:02,510
So are we to answer this?
2117
02:09:02,890 --> 02:09:04,330
Like, should we answer now?
2118
02:09:04,390 --> 02:09:04,690
Sure.
2119
02:09:05,050 --> 02:09:05,790
Should we answer next episode?
2120
02:09:06,610 --> 02:09:07,290
What do you think?
2121
02:09:07,330 --> 02:09:09,990
I could give you my answer now, like what I think about it.
2122
02:09:10,350 --> 02:09:13,890
And then maybe if you're going to boost, you can agree or disagree or whatever.
2123
02:09:14,570 --> 02:09:16,230
Let's just have a conversation around this.
2124
02:09:16,390 --> 02:09:19,030
Let's try and build a conversation around the boost, let's say.
2125
02:09:19,310 --> 02:09:20,050
This is a new thing.
2126
02:09:20,090 --> 02:09:21,030
We're trying a new thing here.
2127
02:09:23,270 --> 02:09:29,490
So in my mind, necessarily you have to have a revolution to create a renaissance.
2128
02:09:29,490 --> 02:09:51,070
And if you look at the Dark Ages and all this stuff, it was the ebb and flow of the succession of the systems of the empires and stuff led to the situation in which basically in the instance of the Dark Ages, what would create the Dark Ages today?
2129
02:09:51,590 --> 02:09:55,050
The Dark Ages today would be created by the wires getting cut, right?
2130
02:09:55,130 --> 02:09:59,070
By the lack of maintenance of the wires, the internet goes away
2131
02:09:59,070 --> 02:10:02,410
and everyone gets isolated again rather than connected.
2132
02:10:03,250 --> 02:10:08,130
And what would facilitate the Renaissance is the reconnection of all of that stuff.
2133
02:10:08,830 --> 02:10:11,370
And so in order to reconnect, you have to have a revolution
2134
02:10:11,370 --> 02:10:13,550
in order to rebuild those wires.
2135
02:10:14,190 --> 02:10:17,670
And so what we're doing right now is we're breaking down the centralized systems.
2136
02:10:18,390 --> 02:10:21,690
The centralized systems are what most people are attached to.
2137
02:10:22,050 --> 02:10:23,810
It's almost like to a parasitic degree.
2138
02:10:24,590 --> 02:10:27,910
And so once you've extracted from the host
2139
02:10:27,910 --> 02:10:30,850
and your parasitic fashion from the centralized systems,
2140
02:10:31,110 --> 02:10:34,590
the subsidy runs out, that leads to a revolution
2141
02:10:34,590 --> 02:10:37,790
which creates the renaissance, which leads to the new system.
2142
02:10:38,370 --> 02:10:43,470
So in my mind, the revolution has to precede the renaissance.
2143
02:10:43,730 --> 02:10:45,790
But they're complementary ideas.
2144
02:10:45,790 --> 02:10:53,410
yeah i i well i definitely agree with that with that last point for sure and and i would say you
2145
02:10:53,410 --> 02:10:59,270
know maybe i'm thinking of it too simplistically or or maybe not in a way that lines up with like
2146
02:10:59,270 --> 02:11:07,770
the um multi-generational um you know experience of you know the renaissance uh coming out of the
2147
02:11:07,770 --> 02:11:15,710
dark ages. But I, I've been thinking of it more like, um, you know, I read, I read the, uh, you
2148
02:11:15,710 --> 02:11:20,470
know, we've talked about it, I guess, before on this podcast. Um, but I spent some time actually
2149
02:11:20,470 --> 02:11:25,650
it was, we were finishing up, it was the last book club that I ran for our meetup and, um,
2150
02:11:26,110 --> 02:11:32,170
we read the fourth turning and, uh, I continue to come back to that, but I kind of feel like,
2151
02:11:32,170 --> 02:11:38,350
you know the revolution is what's going to get us from the fourth turning into the first turning
2152
02:11:38,350 --> 02:11:44,890
like the revolution has to happen um and you know the renaissance is what you get on the other side
2153
02:11:44,890 --> 02:11:51,550
and so again that's not like a when i say revolution right i'm not talking if we're
2154
02:11:51,550 --> 02:11:56,090
talking fourth turning to first turning you know this cycle right now you know i don't think that
2155
02:11:56,090 --> 02:12:01,170
you know bitcoin's gonna overthrow world governments you know and things like that
2156
02:12:01,170 --> 02:12:03,510
in the next five to 10 years.
2157
02:12:04,490 --> 02:12:09,830
But the point is that we can affect our own revolution locally.
2158
02:12:10,650 --> 02:12:11,550
You can have your own.
2159
02:12:11,710 --> 02:12:12,710
You can just opt out.
2160
02:12:13,150 --> 02:12:13,950
You can just do it.
2161
02:12:14,770 --> 02:12:16,950
And what I think the renaissance is on the other side,
2162
02:12:16,950 --> 02:12:20,050
I think of Bitcoin as the revolution,
2163
02:12:20,610 --> 02:12:22,750
but I think that we are the renaissance.
2164
02:12:23,770 --> 02:12:25,390
Bitcoin is empowering us.
2165
02:12:26,250 --> 02:12:28,190
That's what's going to get us to the other side.
2166
02:12:28,470 --> 02:12:30,650
But it's all the stuff that we create.
2167
02:12:31,170 --> 02:12:33,290
That's what's going to be the renaissance.
2168
02:12:33,430 --> 02:12:34,550
It's the stuff that we create.
2169
02:12:35,650 --> 02:12:37,410
Bitcoin is just going to grease the skids.
2170
02:12:37,670 --> 02:12:39,270
Bitcoin is what's going to get us there.
2171
02:12:40,390 --> 02:12:42,690
But I think that we are the renaissance.
2172
02:12:42,910 --> 02:12:43,970
Bitcoin is the revolution.
2173
02:12:45,250 --> 02:12:46,890
So yeah, but we want to hear from you guys.
2174
02:12:47,190 --> 02:12:48,190
What do you guys think?
2175
02:12:48,730 --> 02:12:51,210
Is Bitcoin a revolution, a renaissance?
2176
02:12:51,570 --> 02:12:52,170
Is it both?
2177
02:12:52,390 --> 02:12:53,150
How are they related?
2178
02:12:53,650 --> 02:12:54,790
Let's hear it on the boosts.
2179
02:12:55,510 --> 02:12:57,250
Yeah, let's talk about it on the next episode.
2180
02:12:57,250 --> 02:13:03,070
It'll give us more fuel to continue this discussion.
2181
02:13:03,650 --> 02:13:04,230
Let's go.
2182
02:13:04,370 --> 02:13:04,930
Let's talk about it.
2183
02:13:05,010 --> 02:13:05,790
Let's talk about it.
2184
02:13:06,210 --> 02:13:06,670
Hit us up.
2185
02:13:07,390 --> 02:13:07,730
All right.
2186
02:13:08,930 --> 02:13:09,550
Is it time?
2187
02:13:09,550 --> 02:13:10,030
I think we're good.
2188
02:13:10,510 --> 02:13:11,190
I think we're here.
2189
02:13:11,450 --> 02:13:12,730
To roll the outro.
2190
02:13:14,830 --> 02:13:15,670
Episode complete.
2191
02:13:16,130 --> 02:13:18,930
If you run a Bitcoin meetup and want to talk about it here, reach out.
2192
02:13:19,470 --> 02:13:24,250
Check the show notes for contact info, link to meetup organizer resources on GitHub, and more.
2193
02:13:24,250 --> 02:13:27,450
Send us a boost of any size and advertise your next meetup
2194
02:13:27,450 --> 02:13:29,250
We'll read it out in the next episode
2195
02:13:29,250 --> 02:13:32,830
And remember, attend your local meetup or start your own
2196
02:13:32,830 --> 02:13:36,190
Local Bitcoiners are always just one meetup away