More Compromised Hardware!? | THE BITCOIN BRIEF 95

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Created: 10/19/2026 3:09:24 PM
Duration: 4330.475
Channels: 1
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Bitcoin
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is close to becoming worthless.
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Now what's the Bitcoin? Bitcoin's
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like rat poison. Yeah.
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Oh. The greatest scam in history.
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Let's get it.
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Bitcoin will go to fucking zero.
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Welcome back to the Bitcoin Brief, the show where me and q and a talk about Bitcoin,
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privacy,
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open source,
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keeping your Bitcoin secure,
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and the news and software updates that matter.
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I just wanted to say a massive thank you to everyone who's been supporting Ungovernable Misfits,
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and a big thank you to Foundation
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for supporting the show. If you haven't already checked them out, go to foundation.xyzed.
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They make cypherpunk tools for fuckwits,
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and anyone can use this, even me. If you have any questions or you want to reach out, feel free, and I'll be happy to go through things with you. For anything super technical,
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I'll pass you on to queue. If you wanna buy one of these incredible passports,
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use the code ungovernable.
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It will get you a discount, and it will let them know that I'm shilling.
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I'd also like to say a huge thank you to the Cake Wallet team. Not only are they supporting this show, but they're also bringing out some incredible features.
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For those of you who actually use Bitcoin
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and actually care about their privacy and security,
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Cakewallet make it incredibly simple for you to live outside of the traditional financial system. You can use CakePay within the app to buy gift cards for food, petrol, and whatever else you might need day to day. You can use silent payments,
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and, of course, you can use Monero.
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You can connect both Bitcoin and Monero nodes,
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use coin control,
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and this team are constantly innovating.
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And I'm really excited to be working with them. If you have any questions, you can reach out to me, but check them out at cakewallet.com.
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Download the APK
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or start using this today on Mac, Windows,
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Linux,
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iPhone,
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or, of course, your Android device.
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Enjoy the show.
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Hello. Good morning, everybody. Welcome back to the Bitcoin Brief, a live and interactive show taking place every Monday at 9AM Eastern or 2PM UK
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time across the ungovernable network.
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Each week, go through the news, the releases, the developments that actually matter in Bitcoin.
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This of course includes self custody, privacy, the tools you run yourself, and of course, the people trying to make all of that more difficult.
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If it affects your ability to hold your... Hold and spend your own money without asking permission, then we wanna talk about it.
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This show and the topics we cover are powered by freedom.tech,
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a daily news desk that uses AI to monitor hundreds of sources so we can continue to bring you the signal signal each and every week.
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We'd love to have you help steer the conversation by commenting live, asking questions, boosting the show or just sharing it with your friends.
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My name is Q and A. I'm head of customer experience at Foundation and as always, I'm joined by my good friend Max, the head honcho of the Ungovernable
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Network.
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Max,
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welcome back. How are doing?
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Very good, mate. Very good. Coming off a high. I
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did my first confab that I've done in
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months and months and months, and it was a good one. And,
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yeah, it was nice. It was nice to just have a one on one chat with someone and someone worthy of coming onto the show. I'm very excited to listen to this one. Are we are we teasing? Are we telling the listener what's coming up? We're we're teasing, but we're also gonna tell them.
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It's a bit of foreplay.
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Rick Messer, who has
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been doing some incredible work and
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helping support our friends and try and
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try and raise some funds for them and not just try, but I think the 10,000,000 sats on this prize draw. So Awesome. We talked a little bit about that. We talked about
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why a lot of people know him and his dad in the space, a hack of... I think it was, like, 25 Bitcoin
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a few years ago.
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Pretty incredible story. And,
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yeah, it's just to see someone get up after something like that and then give back is pretty rare. So, yeah, it was a good one, a really good one. And that's that's gonna go live on Wednesday, I believe.
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Looking forward to that. I mean, yeah, it says says a lot about his character to be able to bounce back from that. I'm sure many people, it would have
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the story would have ended a very different Different way. And more somber way. Yeah. I can't,
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for one minute, stand here in good faith and say I'd be anywhere near the man that he is after going through what he's gone through with, you know, losing that amount of bitcoin. It's... Yeah.
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Take my hat off to him. And, yeah, looking forward to seeing him again in Manchester for for Bitfest in a couple of weeks. By the way, use code on Governable for that one. We do not get any kickback, but you'll get this Yeah.
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It does sound good. I'm... I am
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little bit jealous of that one and actually Amsterdam.
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Yep. Got that one coming up. That one's first, second
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week in November, I think. So I've been prepping
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prepping my slides. It was quite funny actually watching the ledger announcement this week. I don't know whether you saw that they've released a phone basically amongst
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Yeah. All of other things.
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And before before they started talking about the phone,
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they were basically just talking about all of the the kind of AI integrations and MCPs and that sort of stuff they've got. Mhmm. And how it can be tied to to their hardware. It... Honestly, it was like
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hearing my own
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not public yet slides that I've got planned for Amsterdam at the festive as to what we're working on, you know, basically what passport prime is,
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pun intended, primed for,
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to be able to do this sort of stuff and seems that they're heading in a similar trajectory.
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So we're just kind of kind of validating, I guess, that a company of that size is is,
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you know, heading in the same direction.
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Also incredibly tasteless for them to go ahead and release the...
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With the big announcements
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no less than a few days after what we talked about as the headline.
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Yeah.
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News item on on the last week's show. So it was interesting that they that they continued regardless, and we've we've got an update on that as we we get into the news. Yeah. It's... It seems like a lot of hardware companies,
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their vibe is like a tasteless vibe.
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Yes.
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Yeah. Well, we we we we... There is certainly at least one that fits
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that bill. Well, definitely two now.
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Yeah.
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Well, talking about Amsterdam,
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it's good to have the Node Runners or or part of the Node Runners on. We had SF join us on Friday. That was a good one.
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And I'm sure you'll be bumping into all of those guys out there as well. Yeah. Absolutely.
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Absolutely.
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Looking forward to to run the. It should be good.
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Looking forward to some Stroop waffles.
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It's a good place. It really is.
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Before we dive into the news, have you seen what's going on in France?
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I have.
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The place appears to be to be burning to the ground. Although,
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some places appear to be having some difficulty. I always... I'm always wary because, like, whenever there's events like this, Twitter
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always, like, like, really rewards those terrible videos with the algorithm. So it's literally all as you see, which gives you on Twitter. Pardon?
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I've actually not seen it on Twitter. I was just...
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Like, yesterday, we're with family friends, and they were like, oh, have seen what's happened in France? Was like, no. My phone's been off for the weekend. I'll just turn it off now. And
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the...
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They're like, yeah. It's fucking bad. And I started looking at the pictures. I was like, oh, okay. Yeah. This is
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this is not looking good.
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Yeah. Absolutely. It's always hard to know what what to believe in and to the scale of it. You know, it could be the same the same city on one night used over and over again and
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just to, you know, amplify and get likes and clicks and retweets and stuff like that. I mean, I'm sure the the truth is somewhere in the middle, but it's not a place that I'd wanna be right now from what I've seen.
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No. Definitely not.
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Couple of bits of AOB for me. Number one, spent the morning reviving my website after
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somebody kindly tweeted or d m'd me on Twitter last night to say, hey, your website is down.
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And lo and behold, yes, it was. Normally, it's a certificate issue or something like that that I can just kick Claude and it's fixed in thirty seconds. But this time was
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was not the case.
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The the the server that my website was running on hosted through a
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through a VPS provider
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basically died. And Oh.
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Ironically, their status page
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was completely green. So I messaged support. Was like,
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hey, you know, obviously, I got called to do some due diligence for me first to check what was going on and
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contact the support and they were like, oh, yeah. I think the server's dead and it's not coming back. And that was the end of the support message. I was like, right.
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I was like, so where does that leave me? Like, what what you're gonna do for me? And it was basically a case of, well, you can just spin up a new server and we'll refund you for the downtime that you've had, is probably gonna be like 20 p. Right. Luckily, I had most things
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most things backed up.
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There's a couple of things that weren't up to date in terms of the backups, but again, thank you. Thanks to the power of AI, we were able to bridge that gap pretty easily and spin up a new server. And in fairness to
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the hosting provider, they did say that I'm on like a really old plan and they're gonna honor the old plan pricing, not not put me on the new one with the new server.
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Okay. Although the the support was
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kind of not exactly helpful,
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it... I did get the resolution I wanted in the end, albeit I've had to kind of You know what? Do some hoops. These days,
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that is more than you hope for as a general rule. Like, general levels of support
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most places is so bad that if you even get a response,
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it's like, oh, fucking hell. You know, what really winds me up is when you ask for support,
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you have issues, like genuine fuck ups on a company's side.
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And then they don't respond to them, but they send you a load of other promo shit. So you're, like, looking at your email, and you're like, I've got six fucking emails from you selling me other shit, but you can't do the one thing that I've paid you to do. Yeah. It's very frustrating.
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Yeah. And the other piece of AOB for me is it actually came in via a boost and it's somebody
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rightfully so calling me out on something that I said incorrectly last
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week.
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We were obviously talking about self custody and multisig and and
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one of the very brief criticism that I leveled at BitKey
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Mhmm. Which to be clear, if you go back and check the tapes, I'm actually very open about being quite a fan of the bit key architecture. Think they did a great job. But last week, what I incorrectly said was that you give away all of your privacy
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because they are a key holder in the two or three that you have with them. That is not true
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with a caveat.
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They use something called chain code delegation which we've actually covered off when they released this. So I did know this but we do a weekly show now. Well, we do multiple weekly shows my brain can only fit so much information. So I forgot about this and I said, they can see all of your coins if you just use it under normal operations. Not true.
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On the normal operations, bit key,
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holds a key in your two or three multi sig. They cannot see your UTXOs. The only time they see your UTXOs and your balances is if you lean on that server key in any form of recovery.
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It's hidden up until that point, which is very cool. As I say, we have covered it before.
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But what I said last week was was wrong because they they do have that protection in place. And it is now, I believe default for all users. It's when it first came out, I think it was something that you have to turn on, but I believe now it's default for everybody.
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So
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user 12931825
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who boosted a thousand stats to call me out. Thank you very much.
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Yeah. Thank you for the call out. We appreciate that.
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Keep us in line and
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that is quite cool.
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Yeah. Again, I'm gonna repeat myself, but they have a great architecture. I know that sounds weird because they
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they are a competitor of ours, arguably so.
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Obviously, there there are a couple of of call outs, you know, it's two of... You could argue that two of the
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two of the keys are hot, aren't they, basically? There's one on your phone and there's the server key that they hold. So I've seen some
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criticism levy layered at it basically saying, you know, it's it's, you know, air quotes warm wallet,
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which I guess that there is some definitely some merit to that. And obviously, you also have the
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the kind of... I think I called it soft vendor lock in last week, which may have been too harsh. But basically, where you like, you have to use their hardware.
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You can migrate away, but you have to do that through
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their kind of APK
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recovery kit, so to speak. And you can't export the descriptor so that you can monitor it in Spyro or anything like that. It is... It's kind of like
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they've built it in a way which
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protects their user experience, which I can fully understand.
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But for more sovereign users that might wanna watch it elsewhere and have like another
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copy of it in BlueWallet or something like that, they don't give you enough information as far as I'm aware to to kind of go and do that. So but for for beginners, like,
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it can be a great option where people...
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Like, if you use this in that in that architecture and the protections they've got, you have to try very hard to fuck yourself out of your sats. Yeah. Yeah. Yeah.
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Yeah. I was talking to Rick about this the other day
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because, you know, he was working with the Bitcoin way,
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and
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he was saying they'd done some sort of, like,
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quiz or, like, sending questions out to users.
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And he said, like, one of them was,
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if you use collaborative custody, like, why do you use it? And, like, you know, so I have someone there if I fuck up and, like,
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they've got a backup and blah blah blah. And then, like, another question was, you you have to listen to it in the episode because he says it better than I do, but it's like, what
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what do you do then if you lose one of your keys and... Or they go away? What happens if they go away? And it was like, oh, well, I can still,
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you know, I can still access my funds. And it's like, do you... Would you know how to do that? And it was, like, 80 or 90% are like, no.
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And they haven't actually saved whatever files they needed, etcetera. So I think
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this... Like, if they go away or if there's a problem thing,
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I
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don't know. Like,
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do people know how to access things if
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if they're not there, if they don't respond? Or Yeah. I I think these days, like, again, to... I think you're you're using the analogy of BitKey here where they they save, like, backup stuff automatically or cloud and stuff. So, like, it's unlikely that they're go away.
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Oh, yeah. For sure. Let's let's say they did. They just literally disappeared overnight, and they took all of their websites offline, everything.
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Mhmm. There's enough on the internet and you could just speak to chat GPT and say, hey, I was a BitKey user,
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like help me recover. There's already enough information out there that would help us do that. So I I think
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it's
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true. It's it's nowhere near
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right for more sovereign people that want that ability to see
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access and to backup things individually.
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It's... But it's not geared towards those people. It's geared towards
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this being your first
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foray into self custody
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Yeah. And detecting yourself against as many single points of failures as as you can. And I think their architecture is pretty good at that. Yeah. That's fair.
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Right.
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Anything from you? Any AOB, or should we hit the news, mate? I'm trying
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to keep it tight to a tight hour today. I...
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Can we get a... Just give
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me a little brief synopsis of what is in the news? Because I'm not having the best start to a Monday, and I don't wanna just read, like, the most depressing bullshit ever.
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So is is there stuff... Let's start with, like, what's the most interesting, like, least cunty bit?
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So we've got an update on Ledger. We've got potentially a risk with Trezza,
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although there are a lot of caveats with that.
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Okay. We have a UK trader getting nearly $1,000,000
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worth taken at knife point after the Revolut pack.
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We've
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got the Ledger phone. We've got
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Jameson Lop updating his venture tax, which now surpasses 700 total reports.
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We've got the Bank of Russia confirming p 2 p bitcoin is about to become illegal in July 2027.
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Excellent. We've got the Bank of America.
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This is a cool... Well, that's cool. That's definitely not the term I meant to say. This is a
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outrageous
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double standards talking about basically,
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you know, we've got two of our friends, the samurai dev sit sit in rotting in prison for five years. And the Bank of America just pays a little little fine. I say little relative to Little 1%, yeah. Yeah.
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For basically the same charges.
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We've got Citizen Labs zero click spyware delivered through targeted ads to your mobile phone. Not strictly Bitcoin, but affects your Bitcoin wallet potentially.
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Some... Let... Let's let's start with the Trezza
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one. That's at the top of my list, which works... Only because if it if it actually is a risk, we should, and there are listeners who are using Trezza, we should cover that Yeah. First.
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Yeah. I... That's why I put it at the top of the list. So let me bring up screen share. Right.
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So hardware hacker Joe Grant, who I've never heard of before this story,
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has found
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tampered chips in two Trezor wallets.
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Now, again, I said before there were some caveats here. So before we get into it, there are two things that matter here and I wanna say them right at the top.
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Both of these
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instances were bought from unauthorized
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sellers
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and both are older models that Trezza stopped selling in January of this year.
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Right. The first one was a model t, and you're gonna laugh here, bought on Facebook marketplace in Canada.
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And you're gonna laugh them.... Who's gonna be hacked by this. This is fucking Jordan. Listen, mate. If you lost some stats, I'm really sorry. Exactly what he'd do. Oh, let me go on Facebook's marketplace and buy with my Canadian $5.
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And the second one was a Trezza one from a TikTok shop
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in August of this year.
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In in both instances, somebody had replaced the main chip so that the wallet no longer created a random recovery phrase.
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Instead it picked one of about a dozen phrases the attacker already knew.
232
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To get past the wallet's check that it is running genuine software,
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the Model T had a micro SD card soldered
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inside holding a real copy of the Trezor's firmware.
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The Trezor one's swap chip carried
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both the malicious firmware and an official copy,
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but thankfully the owner only lost about $50.
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Wow. That's Yeah.
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The reporter...
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He reported about the one about the model t to Trezza in August of this year, and Trezza answered within three days.
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Trezza made
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no public statement, but it gave zero day, the reporter on this, a detailed reply on the October 15.
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Basically says that this is a known counterfeit method and has warned about it since the fake Model T turned up on a Russian marketplace way back in 2022.
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It says it hasn't
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examined the specific units
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and that Trezor Suite, their
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companion software,
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runs a check designed to spot wallets that produce predetermined recovery phrases and Trezor knows of no way to pull this off on its current product range.
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It also clarified
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its comment on the October 13 that said there is no evidence
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that Trezza devices had been compromised.
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And what they mean by that is new devices bought from its website or its authorized resellers.
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Yeah. That's not a treasure issue. That is just...
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That's like, you can't control that as a hardware supplier like you said. That's why I said there's lots of caveats here. But, again, the reason I've included
255
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this is there are clearly people
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who
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are naive enough to buy things off...
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Buy security hardware from places they absolutely should not be buying them from. Oh, yeah. Yeah. Yeah.
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So... Yeah. I mean, that... And that's why I included it. Just to reiterate, and I know it seems obvious to many, many people listening to this, but like, please, for the love of God,
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endeavor to buy your hardware from... Directly from the manufacturer.
261
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Mhmm. And be very cautious if you're buying from resellers.
262
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Yeah. Buy directly.
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Buy
264
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insets
265
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on Lightning.
266
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Give as little details as you can.
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Either send it to somewhere that isn't your home
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when you buy it online directly from them or go to a conference and buy
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without giving you details, etcetera, directly from them at the stand. Don't go on to fucking eBay
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Mhmm. Facebook marketplace,
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whatever, Grindr, wherever you're spending your time, just don't be buying from there. Go direct, please.
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Yeah. Absolutely. And the the second news item, I don't know whether these two are linked or not, but I'm gonna talk about it anyway because it is relevant.
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Trezza has said on the October 13 that it cuts the number of resellers that it works with and is reviewing vendor relationships as a preventative step after...
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Well, it says it's after the implants were found in alleged devices
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through its reseller crypto billies, which again, we're gonna give a... An update on very shortly.
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So
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Trezza
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has said
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the dropped... Resellers that have been dropped from their authorized list can sell existing stock up until the 01/01/2027.
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Okay.
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Well Right. Like we said, not not a Trezor issue that as
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Yeah. That is just any... Anyone, any any person who builds any hardware,
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this could affect.
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Yeah. Absolutely.
285
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Update on the the headline item
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from last week, the the ledger
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reseller, Crypto Billies implant saga.
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Quick recap on the October 9, somewhere between eighty six and ninety three million dollars was drained from ledger devices sold by Crypto Billies,
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a ledger reseller...
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Well, not just a ledger reseller, but a hardware wallet reseller in Malaysia,
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Indonesia, and The Philippines.
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They had cellular implant that reads the 24 word seed off the screen and phones home to the attacker,
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where they can sit and wait, waiting for you to deposit your Bitcoin or your Altcoins
294
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waiting to pounce and they pounced on the October 9.
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So in a October 15 statement, Ledger said it... A highly organized criminal group bought devices, fitted the implants and fed them back through resellers.
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With seed collection, draining, and laundering servers built in advance.
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Legis says there is no flow in its chip, operating system, or servers, and has asked resellers across Southeast Asia,
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Hong Kong to suspend sales,
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and it has not given its own official loss figure yet.
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On the October 15, former Mt. Gox CEO, Mark Garpelez, said that a Leger
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Nano X bought at Media Market in Germany
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has confirmed bugged with the exact same implant
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and reported another from a shop at Singapore's Changi
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Airport.
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Ledger says it has not examined either device
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and every confirmed theft still traces back to crypto billies.
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Media market, the German one has pulled ledger devices worldwide.
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00:25:19.960 --> 00:25:23.240
So it seems that it's not just isolated to Southeast Asia here.
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Chainalysis found a scammer operator moved around 60 BTC, roughly $5,000,000
310
00:25:29.255 --> 00:25:33.175
of victims monies onto ledger devices in September.
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And this was also swept up in the drain. So this is like a little nice little silver lining here that there's a scam operator that scammed people out of to the tune of £5,000,000
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also getting pulled by another scammer
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in this drain. So basically they they stole funds. It's like inception.
314
00:25:52.030 --> 00:25:55.150
Yeah. They they stole funds. They put it onto a
315
00:25:56.110 --> 00:25:57.310
compromised ledger
316
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that they must have bought from a reseller, and then they got done themselves.
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00:26:02.505 --> 00:26:08.104
That is that is quite nice, actually. I do like that. It is. It is indeed.
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It's still unknown who the group is and whether there have been any arrest as of yet. But if you bought a ledger route... Ledger through a reseller in Southeast Asia or Hong Kong or indeed anywhere in the world as it seems at the moment,
319
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then you should be taking steps to migrate your funds in my personal opinion.
320
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And karma's real. There we are in real time. Yes. Yeah. Absolutely.
321
00:26:30.705 --> 00:26:34.945
That is what goes around comes around. Imagine that you'd scam that 5,000,000.
322
00:26:34.945 --> 00:26:35.905
You're like, yeah.
323
00:26:36.225 --> 00:26:41.119
I'm a bit of a cunt here, but, like, at least I don't have to work the rest of my life. I can just chill,
324
00:26:41.440 --> 00:26:44.399
put it on this little ledger, and then boom.
325
00:26:44.720 --> 00:26:45.440
Go.
326
00:26:46.639 --> 00:26:48.239
Yeah. Bye bye.
327
00:26:48.480 --> 00:26:53.614
Bye bye. Nice to see people get in there come up and sometimes, you know? It is.
328
00:26:54.414 --> 00:26:55.215
Okay.
329
00:26:55.215 --> 00:27:01.774
Next on the list, still talking about Ledger this week. This is an interesting one. I wanna get your your thoughts on this. And
330
00:27:02.174 --> 00:27:06.250
on the very same week that their users fell prey to
331
00:27:06.570 --> 00:27:10.730
the losses to the tune of roughly, what did I say, $90,000,000.
332
00:27:10.890 --> 00:27:13.210
Mhmm. Ledger continued with their
333
00:27:14.090 --> 00:27:16.650
announcement event on the October 15.
334
00:27:17.735 --> 00:27:23.575
It... The exact same day that they sent out that crypto billy statement, and they have released
335
00:27:23.655 --> 00:27:27.095
or announced the the upcoming release of Atom,
336
00:27:27.655 --> 00:27:28.855
an Android phone
337
00:27:30.389 --> 00:27:34.549
customized to them, built... Sorry, due in mid twenty twenty seven.
338
00:27:34.870 --> 00:27:36.389
It runs everyday apps,
339
00:27:37.110 --> 00:27:41.909
but it has a switch to switch into a protected mode for managing keys.
340
00:27:42.470 --> 00:27:48.845
It has an open core AI assistant on the device, but any action it takes needs physical approval from you.
341
00:27:49.725 --> 00:27:57.085
Ledger also says that a tamper sensing enclosure with its own battery will block screen reading implants like the Crypto Billy ones.
342
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Atom sells only through Ledger's own website at first at $849
343
00:28:02.950 --> 00:28:06.390
for a founder's edition, and it will be $899
344
00:28:06.390 --> 00:28:07.749
after launch.
345
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Interesting.
346
00:28:11.030 --> 00:28:12.230
Mhmm. Your thoughts?
347
00:28:15.605 --> 00:28:17.044
Tasteless timing,
348
00:28:17.685 --> 00:28:18.245
but really
349
00:28:19.605 --> 00:28:20.804
tasteless timing.
350
00:28:21.125 --> 00:28:28.565
But I suppose that probably won't matter. I mean, they are the big boys in the room. They Yep. They sell more devices than anyone.
351
00:28:30.850 --> 00:28:38.929
Don't know. It sounds like quite a good device to me. Like, I haven't actually... Genuinely haven't looked at it other than I saw at, like, mid scroll saw
352
00:28:39.090 --> 00:28:51.395
the thing, didn't even read it. Just saw a thing. I was like, that looks like a phone, and then I didn't bother looking at the rest of it. I think it looks like maybe it was on Friday, and I was, like, closing down just like, fuck. This is the weekend now. I'm not doing anymore.
353
00:28:52.195 --> 00:28:57.235
So that's sort of really the first I've heard of it. Sounds good. Would I trust Ledger?
354
00:28:58.050 --> 00:29:00.050
I don't know. I mean,
355
00:29:01.890 --> 00:29:07.090
I don't know is the answer. I don't know the technicals on it. Like, I assume it's not open source.
356
00:29:08.690 --> 00:29:10.850
It's probably quite nice hardware.
357
00:29:11.170 --> 00:29:12.770
Would I buy it? No.
358
00:29:14.675 --> 00:29:23.315
Yeah. It's it's a strange one for me. I I don't know where this sits in terms of, like, you know, if you're a Ledger user, you have your your Nano
359
00:29:23.875 --> 00:29:25.635
X or stacks or whatever.
360
00:29:26.195 --> 00:29:27.955
You obviously also have your
361
00:29:28.630 --> 00:29:29.669
your phone
362
00:29:30.309 --> 00:29:34.070
for day to day stuff. I think the only way that this kind of makes sense is
363
00:29:34.950 --> 00:29:36.470
to replace your
364
00:29:37.270 --> 00:29:39.830
your actual phone, your day to day carry,
365
00:29:40.230 --> 00:29:42.710
and have it as like a slightly more secure
366
00:29:43.125 --> 00:29:44.885
mobile wallet essentially,
367
00:29:45.285 --> 00:29:52.644
where you benefit from... Again, I I I don't have all of the technical understanding for the details of as to where they sit on the security spectrum between
368
00:29:52.805 --> 00:29:55.685
a dedicated hardware device and, you know, say an iPhone.
369
00:29:56.179 --> 00:29:56.899
Yeah.
370
00:29:57.940 --> 00:30:07.059
I probably think it's gonna sell, irrespective of what I think about it. Yeah. Think there's, you know, the the ledger crowd and the people have multiple assets and things like that might lean into this.
371
00:30:07.380 --> 00:30:14.605
Yeah. Would I spend a thousand pound on a on a first gen phone from a non stereotypical
372
00:30:14.605 --> 00:30:15.885
phone manufacturer?
373
00:30:16.525 --> 00:30:26.029
Probably not because the iPhone or, you know, the latest Pixel is gonna shit all over it in terms of like capabilities and hardware specs, I'm sure. And we have graphene.
374
00:30:26.509 --> 00:30:27.070
Yep.
375
00:30:27.309 --> 00:30:47.454
Yeah. Who who... I think their Motorola stuff's gonna be coming out by next year as well, isn't it? Yeah. It looks... Loads of people are saying it looks really ugly, and they hated the look of it and all that. I thought it looked alright. Oh, no. The back end of it looks fucking terrible, I think. Well... Yeah. But you're not, like, you're not dating it. Do you know what I mean? It's like, it's probably gonna go in a case anyway.
376
00:30:48.095 --> 00:30:48.654
And, like,
377
00:30:49.870 --> 00:30:54.909
how much time do you spend looking at the back? Like, you're looking at the screen or it's in your pocket?
378
00:30:56.110 --> 00:30:59.549
Well, my my phone is always face down on my desk.
379
00:30:59.870 --> 00:31:05.294
Okay. Alright. Face down, ass up. That's the way we like to... Yeah.
380
00:31:06.975 --> 00:31:16.015
Fair enough. Well, I thought it looked alright. I didn't... I I liked the fact that it looks a little bit different at least because every fucking phone just looks extremely
381
00:31:16.015 --> 00:31:17.615
the same. It's so
382
00:31:17.855 --> 00:31:24.409
boring. I... I've... I'm still running proper old hardware. I won't say exactly what I'm running, but, like, old.
383
00:31:24.970 --> 00:31:27.129
Really old. Because I'm just like,
384
00:31:27.610 --> 00:31:53.789
fucking, like, you know, why do I wanna spend money and update my phone? Because it does exactly the same shit. Like, I'm not using it. I don't need the faster chip. I don't need it to do all the clever stuff because I wouldn't be able to use it anyway because I'm too dumb. Only The thing I've guessed I care about on a on a phone is, like, does it take good pictures? Wouldn't, like, have good family photos? But outside of that, I mean, I just don't fucking care.
385
00:31:54.669 --> 00:31:58.429
Yeah. I mean, I'm slightly different. My... Like, I consistently
386
00:31:58.429 --> 00:32:02.004
cook, and I I mean not literally cook my iPhone.
387
00:32:02.885 --> 00:32:18.119
How? What are you doing with it? Just... It seems to be... It seems to get very hot when I'm doing, like, remote AI stuff, like talking to cord and to and to code out and stuff. Like, I'll I'll put my hand on my back on my phone after I spent like half an hour going back and forth, and it is red hot.
388
00:32:18.520 --> 00:32:22.919
So I'm sure that that processor in there is working very hard. And yes, I'm two generations behind,
389
00:32:23.000 --> 00:32:29.644
and I'm sure the latest one will be able to cope with it a lot better, but I kinda like see you. With, like, an iPhone 12 or a Pixel seven.
390
00:32:29.885 --> 00:32:37.404
But you're you're doing stuff. That's what I'm saying. It's like, you're doing that kind of stuff. You're using your phone. Mine is like, take the old picture,
391
00:32:37.725 --> 00:32:42.059
ask you a question on fucking Telegram or Signal. Like,
392
00:32:42.059 --> 00:32:43.419
I go on Twitter,
393
00:32:43.900 --> 00:32:49.340
do a post that gets seven likes, and then I and then I close it down again. Yeah.
394
00:32:49.740 --> 00:33:02.524
Nothing more happens. And for me, like, an iPhone or a graphing phone, that is is good enough. Yeah. Yeah. Before we move on to, like, really sad and depressing news, which I'm sure will be the next thing, did
395
00:33:03.645 --> 00:33:05.404
you see the Tesla?
396
00:33:05.804 --> 00:33:12.419
That's so weird that you bring that up. I I literally had the same thought ten seconds ago. Yes. I saw it.
397
00:33:12.900 --> 00:33:15.779
Yes. I I had two reactions.
398
00:33:16.340 --> 00:33:18.500
Yeah. Number one, wow.
399
00:33:19.060 --> 00:33:19.700
Yeah.
400
00:33:20.580 --> 00:33:21.539
Number two,
401
00:33:22.180 --> 00:33:22.580
why?
402
00:33:26.125 --> 00:33:33.484
Like, for for those of, like, that don't go on Twitter and may not have seen this, mister Musk had an event last week
403
00:33:33.884 --> 00:33:37.499
and basically they had the new Tesla Roadster.
404
00:33:37.820 --> 00:33:40.539
They were showcasing that. They had like this big
405
00:33:41.340 --> 00:33:44.460
half pipe basically, like a like a c shape
406
00:33:44.620 --> 00:33:45.419
ramp.
407
00:33:45.659 --> 00:33:53.235
Yeah. And they were... They started the the showcase off basically by driving this roadster up really slow and it just like stopped halfway,
408
00:33:53.475 --> 00:33:54.914
like semi
409
00:33:54.915 --> 00:34:03.929
defiant gravity if you like. Yeah. Well, it didn't stop. Yeah. Sorry. Yeah. Stopped. It was pointing nose to the sky and it just stopped there, then reversed back up, Back down. Sorry.
410
00:34:04.250 --> 00:34:11.050
Then it went all the way to the top, like, so it was basically upside down and just stayed there, again, defying gravity.
411
00:34:11.930 --> 00:34:16.890
Basically showcasing that this is one of those fan cars that it has enough suction underneath it
412
00:34:18.055 --> 00:34:23.015
to basically hold it upside down. And this is an electric vehicle. It's gonna be minimum two tons.
413
00:34:23.255 --> 00:34:23.815
Yep.
414
00:34:24.295 --> 00:34:26.375
And then it reversed all the way back down.
415
00:34:26.855 --> 00:34:35.420
And everybody was like, holy shit. Like, this is this is pretty cool. And then the next minute, it goes up the ramp and drives off the end of the ramp upside down.
416
00:34:35.820 --> 00:34:41.500
It does a kickflip. Does a kickflip, so it flips on its on its long axis midair.
417
00:34:41.500 --> 00:34:50.105
There's loads of air jets shooting out of it. It perfectly balances itself stable just before it hits the... Well, I say hit, just before it lands relatively
418
00:34:50.105 --> 00:34:51.065
comfortably
419
00:34:51.225 --> 00:34:52.505
and then drives off.
420
00:34:54.265 --> 00:35:05.750
That's pretty wild. And then the second clip that I saw is it's driving in a straight line towards basically the entire Tesla fleet. So they've got all the different Tesla models including the semi truck and stuff.
421
00:35:06.549 --> 00:35:13.990
And it's just driving at them at, like, you know, a moderate rate of speed. And then the next minute, it just fucking catapults itself off the floor.
422
00:35:14.645 --> 00:35:24.965
And I think, did it also kickflip in the air? It did kickflip. You've always gotta do a kickflip. So it jumped over the entire fleet of Tesla cars. There must have been about 10 cars and 10 different vehicles.
423
00:35:25.204 --> 00:35:28.980
It did a kickflip in midair, and again, perfectly steadied itself
424
00:35:29.220 --> 00:35:31.620
and then just drove off again,
425
00:35:32.020 --> 00:35:36.580
all by compressed air shooting out of different jets at different places in in the...
426
00:35:38.020 --> 00:35:44.085
On the car. And then the last one was they were showcasing the north to 60 where it was at a standstill.
427
00:35:44.565 --> 00:35:50.645
They've got like, you know, like when you walk into a nightclub and they've got like lasers going through smoke and that was like,
428
00:35:50.964 --> 00:35:56.100
what, the length of a driveway in front of the vehicle? Probably, I don't know, 15
429
00:35:56.500 --> 00:36:05.300
meters if that. Mhmm. And the next minute it just like shits out all this compressed air and just takes off like a scalded rat.
430
00:36:05.380 --> 00:36:06.340
Yeah. Through
431
00:36:06.500 --> 00:36:07.540
these lasers
432
00:36:07.835 --> 00:36:10.795
and it did not to 60 in one second flat.
433
00:36:11.275 --> 00:36:14.315
That's, yeah, pretty fucking incredible.
434
00:36:15.674 --> 00:36:16.315
Like,
435
00:36:16.474 --> 00:36:22.234
you can say what you want around and to all of this I I would agree with in terms of like the horrific
436
00:36:22.710 --> 00:36:33.910
non sovereign nature of an electric vehicle and the fact that you're tracked, then you can be... It can be turned off wherever if you don't pay your bills and all that sort of stuff. Like, I completely agree with all that. But as a feat of engineering,
437
00:36:34.685 --> 00:36:36.925
what they've done there is absolutely
438
00:36:36.925 --> 00:36:40.845
mind blowing. And again, I come full circle all the way back to
439
00:36:41.244 --> 00:36:42.125
why.
440
00:36:43.085 --> 00:36:48.340
Well, the reason the reason I mentioned it wasn't the why. It was actually
441
00:36:48.500 --> 00:36:57.220
about timing because Porsche released their new vehicle. I can't remember what they've called it now. It's like the Porsche that sit... Will sit above a nine eleven.
442
00:36:57.619 --> 00:37:01.540
It's like supercar kind of thing, two seater thing. And they
443
00:37:01.540 --> 00:37:11.995
released that on the same day that Elon did his thing. And that's why I was thinking about the ledger release and, like, bad timing and stuff because Porsche did theirs and their... I mean,
444
00:37:12.555 --> 00:37:18.960
it's a fucking beautiful car. Like, I like Porsches and that is... I mean, it's stunning. And I'm sure it's fucking excellent
445
00:37:19.120 --> 00:37:29.600
car. Mhmm. But all you had under every single comment was, doesn't even do a fucking kickflip. Why would I buy this shit? Like, everyone's just, like, abusing Porsche.
446
00:37:30.055 --> 00:37:33.335
It's like, does it even fly, bro? And stuff like that.
447
00:37:34.055 --> 00:37:41.735
And it did... It just made me laugh. I was like, that's fucking excellent. That's such bad timing to release that vehicle. Because it's kind of in the same,
448
00:37:42.620 --> 00:37:47.500
I guess, with the same sort of person buy that. I guess, maybe not. Like,
449
00:37:48.460 --> 00:37:55.660
I'd still probably go for the Porsche, to be honest with you, if they're the same sort of money because it's just a nicer car. But
450
00:37:56.300 --> 00:37:56.700
why,
451
00:37:57.625 --> 00:38:08.425
yeah, why all that stuff? I think, like, you know, maybe the... We're we're so far away from Bitcoin here, but it's so depressing. So we'll we'll carry on with this. I think that the fans and
452
00:38:08.585 --> 00:38:09.305
the
453
00:38:10.105 --> 00:38:12.025
compressed air and all that kind of stuff
454
00:38:13.150 --> 00:38:25.390
isn't probably gonna be used really for, like, kickflips and, like, jumping over people in traffic and stuff like that, although it would be fun. I think it's more likely that it sets some incredible nerve bug ring times Oh, yeah. And
455
00:38:26.095 --> 00:38:37.055
the the fact that it can suck itself down onto the ground and you have this compressed air that can go from the sides or downforce or whatever. Like, you could probably corner at ridiculous
456
00:38:37.055 --> 00:38:38.335
speeds with this thing,
457
00:38:39.295 --> 00:38:41.135
and it's fucking fast. So,
458
00:38:42.200 --> 00:38:50.200
yeah, my guess is that if he actually builds it... Because he said he was gonna build the last one, never did. He actually builds it and actually gets released.
459
00:38:50.440 --> 00:38:53.079
My guess is it's gonna be an absolute weapon.
460
00:38:54.425 --> 00:39:14.880
Yeah. I mean, I I joke all the time about my Lambo. Obviously, everybody will know I don't actually have a Lambo, but I do have a moderately fast Yeah. You've got a fast one. Relatively old German car that will do not to 60 in three and a half seconds, and that scares the living daylights out of me. Yeah. Imagine getting to 60 two and a half seconds faster than that.
461
00:39:15.920 --> 00:39:18.000
Like, it's it's just absolutely,
462
00:39:18.560 --> 00:39:19.200
like,
463
00:39:19.600 --> 00:39:22.000
blows my brain as to what that must feel like.
464
00:39:22.480 --> 00:39:24.000
Well, yeah. It it would be,
465
00:39:25.085 --> 00:39:43.050
yeah, absolutely ridiculous. It would be fun. Like... But it it gets boring. We had a Tesla. My missus had a Tesla, and it's fun. It's like you put your foot down and you just fucking fly into the back of the seat, and it's silent. And it's like, it's fun, but it's kind of... It's it's really... That's just like a part... It's, yeah, it's just like a party trick. Like,
466
00:39:43.609 --> 00:39:46.490
I've had less fast cars that are more fun.
467
00:39:47.369 --> 00:39:59.265
And I've had fast bikes that are more fun because you you get that, like, that feeling and that sound of that, you know, everything is... Like, that's why I would go for the Porsche over that. But like you say, as a feat of engineering,
468
00:40:00.625 --> 00:40:01.345
fucking
469
00:40:01.425 --> 00:40:02.065
hell.
470
00:40:02.464 --> 00:40:03.505
Yeah. Absolutely.
471
00:40:04.224 --> 00:40:09.700
Final comment on this. As as a self certified petrol head myself, there's nothing more annoying
472
00:40:09.859 --> 00:40:11.140
than the fact of
473
00:40:11.540 --> 00:40:15.140
how fast electric vehicles are. Like, it really pisses me off. Yeah.
474
00:40:15.460 --> 00:40:16.579
Final
475
00:40:16.579 --> 00:40:22.735
final point on it, and then I promise we'll get back to misery and pain and death and doom.
476
00:40:24.095 --> 00:40:26.975
When people talk about electric cars and they say,
477
00:40:27.135 --> 00:40:32.335
oh, yeah. They're they're shit because they track you and they do this and they do that. It, like, agree with all that stuff.
478
00:40:34.059 --> 00:40:34.619
But
479
00:40:35.579 --> 00:40:36.940
I have a feeling
480
00:40:37.099 --> 00:40:37.820
that
481
00:40:38.059 --> 00:40:39.900
with all the AI stuff
482
00:40:40.380 --> 00:40:42.140
and with the way that you could
483
00:40:42.460 --> 00:40:47.020
engineer things now without having to be an enormous company,
484
00:40:47.500 --> 00:40:48.700
I think there will be
485
00:40:49.494 --> 00:40:51.095
some smaller companies
486
00:40:51.095 --> 00:40:58.695
that will make some electric cars or that there'll be some open source y type stuff where people can tinker and start to build their own stuff
487
00:40:59.015 --> 00:41:08.910
where they don't have to track you and have cameras inside and have all the crazy stuff. Like, I think there is gonna be a a middle ground where you can
488
00:41:09.950 --> 00:41:11.230
have a vehicle
489
00:41:12.030 --> 00:41:13.550
that is very fast
490
00:41:14.265 --> 00:41:23.065
and has all the upsides of the electric stuff without having all of the downsides as well. I do think that probably does come and
491
00:41:24.345 --> 00:41:25.625
also the hybrid stuff,
492
00:41:26.580 --> 00:41:31.220
you know, you could maybe adjust the car that you already have that's petrol or diesel
493
00:41:31.620 --> 00:41:34.180
and add some bits and pieces onto them
494
00:41:34.660 --> 00:41:41.395
and do some engineering yourself so that you get the pluses. And they can't just turn you off because you still have petrol
495
00:41:41.795 --> 00:41:42.755
or diesel.
496
00:41:42.915 --> 00:41:50.435
Yeah. I mean, it... I could see, like, a cool little nascent industry popping out. You you know, like, people buy old ThinkPods and they put, like,
497
00:41:51.090 --> 00:41:54.370
cubes OS and stuff like that. Yeah. Yeah. Like I could see
498
00:41:55.250 --> 00:41:58.290
there being manufacturers or they're they're Modifying.
499
00:41:58.130 --> 00:41:58.610
Modifying,
500
00:41:59.010 --> 00:41:59.970
you know, buying
501
00:42:00.210 --> 00:42:05.810
fi... Well, anything that's out of warranty and like hacking the the software on there and
502
00:42:06.744 --> 00:42:11.945
you you'd have like open Tesla or whatever you'd want to call it. Exactly.
503
00:42:12.345 --> 00:42:39.485
Whether or not... I suppose with AI, anything's fucking possible either. Was gonna say whether you'd be able to get into the software, but... I'm sure you would.... Rip out all the... I'm sure it'd be highly illegal, of course, But... Oh, yeah. I know. That'd be that'd be a cool little industry to pop up, and I bet you'll you'll see businesses pop up around that. If anyone is seeing anything like that, like modifying vehicles and doing clever stuff with electric or, like, resto mods or retro mods and stuff, let us know. We maybe do a Freedom Tech on it.
504
00:42:39.885 --> 00:42:41.965
Because we we were talking about the
505
00:42:42.205 --> 00:42:45.245
the open sourcing of that gym equipment the other day
506
00:42:46.285 --> 00:42:49.085
where someone was open sourcing that, like, resistance
507
00:42:49.085 --> 00:42:52.440
pulley thing. Yeah. So in context, just quickly,
508
00:42:53.960 --> 00:42:59.320
it's digital resistance, basically. So if you have a home gym, the old way to do it was you had some cables,
509
00:42:59.320 --> 00:43:01.320
handles, and some weight plates.
510
00:43:01.480 --> 00:43:08.245
Yeah. Well, now you've got this tiny little box that you can just mount to a wall or to a squat rack and it just has like some motors and gears inside
511
00:43:08.565 --> 00:43:19.310
and a digital screen on the front. And basically, you can set it to be one kilogram or you can set it to be 200 kilograms and it just adjusts the resistance on the cables accordingly and it's tiny. Sorry. Continue.
512
00:43:19.550 --> 00:43:27.470
Yeah. That was it. So I was just... Anything... If anyone's listening and they're, like, you know, looking at the open sourcing of
513
00:43:28.430 --> 00:43:30.670
tech, and I use that loosely. It can be, like,
514
00:43:31.494 --> 00:43:38.055
cars. It can be gym equipment. It can be things in the home. It can be anything. Anyone who's seeing anything cool, let us know because
515
00:43:38.375 --> 00:43:42.855
that's what's exciting me at the moment. It's, like, where the physical world meets AI
516
00:43:42.935 --> 00:43:47.730
and open source and people can engineer and create cool shit.
517
00:43:48.210 --> 00:43:51.330
I think that we could have, like, a cool renaissance here.
518
00:43:52.050 --> 00:44:00.610
Yeah. I agree. I agree. You mentioned the word rest on what here, and I and I know we're way off topic here, but this is our way of coping because Bitcoin's boring and scary at the moment.
519
00:44:01.505 --> 00:44:02.945
Let me let me...
520
00:44:03.425 --> 00:44:10.705
If we've any card not here, you might like You're gonna send me a singer? No. No. I'm gonna I'm gonna share my screen. Let me switch...
521
00:44:10.785 --> 00:44:11.985
Share this tab.
522
00:44:12.305 --> 00:44:13.105
Have you seen this?
523
00:44:14.640 --> 00:44:16.080
No. But that's lovely.
524
00:44:16.240 --> 00:44:17.760
So for the audio listeners,
525
00:44:18.160 --> 00:44:39.395
it's a... This probably won't mean anything if if you're not in The UK because I I don't know whether they had the escort in in America, but it's a These escorts go for so much money in The UK. So this is a company called Borum Motor Werks, and they've done a restomod on the mark one Ford Escort, which in The UK is... If you're of a certain age, it's... This is like the institution.
526
00:44:39.795 --> 00:44:40.115
Yeah.
527
00:44:41.099 --> 00:44:42.940
So basically, they have
528
00:44:43.740 --> 00:44:47.900
basically fully modernized it, give it an engine with 330 horsepower.
529
00:44:48.059 --> 00:44:50.619
It weighs 900 kilograms,
530
00:44:50.619 --> 00:44:55.579
so it's very... It's gonna be very fast, but it looks Yeah. Just like the old
531
00:44:55.914 --> 00:44:59.195
one with some very minor subtle tweaks. Look.
532
00:44:59.595 --> 00:45:00.635
That is lovely.
533
00:45:01.755 --> 00:45:04.075
Is How much is it though? That's
534
00:45:04.075 --> 00:45:08.075
a good question. Think it's one of those that if you have to ask, you can't Look afford
535
00:45:08.795 --> 00:45:10.940
at that. That is The details.
536
00:45:10.940 --> 00:45:15.500
The the helmets in the back. Oh my gosh. That singer quality.
537
00:45:15.579 --> 00:45:18.619
But those things are like a million or $2,000,000
538
00:45:18.619 --> 00:45:25.420
or something crazy now. You know? I would... Yeah. Look. They don't even put the price on. It's just a case if you have to inquire. Just inquire.
539
00:45:26.085 --> 00:45:32.405
Yeah. We'll we'll consider whether we get back to you or not. Yes. Yeah. Yeah. You have to pass the test first.
540
00:45:33.525 --> 00:45:36.885
Yeah. It's fucking beautiful. And, you know, this is the thing. It's like,
541
00:45:37.445 --> 00:45:39.525
things can be manufactured
542
00:45:40.440 --> 00:45:44.200
by smaller companies now to a very high quality,
543
00:45:44.839 --> 00:45:45.400
and
544
00:45:45.640 --> 00:45:58.445
I'm I'm excited to see what can be done. It's it's gonna be very, very cool. Alright. That... That's it now. Back to the... Let's talk about fucking Bitcoin, coin, please. Well, before we do that, I've got the price. Okay. I'm gonna let you have a guess. Oh my god.
545
00:45:59.724 --> 00:46:02.525
In pounds, is it? Yes. Starting price.
546
00:46:03.964 --> 00:46:05.565
My guess would be
547
00:46:06.880 --> 00:46:08.720
£400,000,
548
00:46:08.720 --> 00:46:10.560
which is about $600,000.
549
00:46:10.720 --> 00:46:13.920
Not a million miles away. It's 354.
550
00:46:13.920 --> 00:46:16.560
It starts at £354,000.
551
00:46:16.560 --> 00:46:21.855
That's pretty close. And they're only building a 150 of them. Okay. And they'll sell tomorrow
552
00:46:22.815 --> 00:46:23.695
because
553
00:46:23.695 --> 00:46:26.415
there are so many people in that age group
554
00:46:26.735 --> 00:46:31.615
who have boomer money. Yeah. And literally, they will see that, and they will get erect.
555
00:46:32.430 --> 00:46:33.070
Yeah.
556
00:46:33.230 --> 00:46:37.070
Even if they have problems and they no... Normally need Viagra, that that is
557
00:46:37.390 --> 00:46:41.310
that is all they're gonna need. They're gonna see that, and they're just gonna be fucking rock solid.
558
00:46:41.550 --> 00:46:47.470
Alright. That was a digression, wasn't it? Shall we get back to the doom? Yeah. Let's hear some doom. What... What's what's
559
00:46:47.755 --> 00:46:57.835
depressing in Bitcoin today? UK trader posting as realist on x says that attackers held him at knife point and forced him to transfer close to $800,000
560
00:46:59.275 --> 00:47:00.474
of crypto.
561
00:47:00.880 --> 00:47:01.760
40,000
562
00:47:01.760 --> 00:47:05.840
of it came out of a hot wallet. Why have you got $40 in a hot wallet?
563
00:47:05.920 --> 00:47:07.920
And 720,000
564
00:47:07.920 --> 00:47:10.560
came from, you guessed it, a ledger hard wallet.
565
00:47:11.040 --> 00:47:14.240
Police have made no public statement though we say officers are investigating.
566
00:47:15.885 --> 00:47:21.485
There were a couple of people in the comments of this when this guy, whoever he is, reported it and basically said,
567
00:47:22.205 --> 00:47:23.725
do you use Revolut?
568
00:47:24.285 --> 00:47:34.240
Because as you know, a couple of weeks ago, Revolut had a massive hack where all the crypto holdings and everything was was leaked. To To which he said, yes. So it's unofficially been linked to that.
569
00:47:35.760 --> 00:47:45.055
I don't know how fair that is. Like, fuck Revolut and, like, fuck KYC and blah blah blah blah, all the stuff we say. But a lot of people in The UK have Revolut.
570
00:47:45.295 --> 00:47:46.975
It doesn't necessarily mean...
571
00:47:47.855 --> 00:47:59.850
Yeah. And I don't know how big of a following this guy has, but this story blew up. So I'm guessing he got at least a semi decent following. So maybe he's made some mistakes along the way and his his identity is linked... Leaked,
572
00:48:00.010 --> 00:48:03.050
excuse me. And the fact that he's a trader probably posting his
573
00:48:03.770 --> 00:48:08.585
his trade on social media doesn't help. But, yeah, he's been done for a million million dollars. Well,
574
00:48:08.825 --> 00:48:11.224
sorry to whoever you are. That's
575
00:48:11.224 --> 00:48:12.185
pretty shitty.
576
00:48:12.744 --> 00:48:17.465
Yeah. I'm gonna quickly gloss over this one, but there's been some AI based searches
577
00:48:17.625 --> 00:48:19.865
assisting Jameson Lop who maintains,
578
00:48:20.150 --> 00:48:23.190
well, many different piece of Bitcoin infrastructure.
579
00:48:23.430 --> 00:48:25.510
One of which is a wrench attack archive.
580
00:48:25.910 --> 00:48:26.390
And
581
00:48:26.790 --> 00:48:33.750
the AI search has basically gone through, you know, multiple languages all over the world, local news sites and stuff, and basically
582
00:48:34.075 --> 00:48:34.955
doubled
583
00:48:35.195 --> 00:48:39.755
the wrench attack archive so that it now surpasses 700
584
00:48:40.075 --> 00:48:42.555
recorded instances of people being attacked
585
00:48:42.955 --> 00:48:44.155
for their
586
00:48:44.395 --> 00:48:45.435
Bitcoin and crypto.
587
00:48:46.230 --> 00:48:50.150
No surprises. France is is one of the main hotspots
588
00:48:50.710 --> 00:48:52.230
where it has 77
589
00:48:52.230 --> 00:48:53.510
of those incidents.
590
00:48:53.830 --> 00:48:56.310
And that's that's just so far this year.
591
00:48:57.190 --> 00:49:01.590
Wow. What's that, like, 14% or something like that? Yeah. I mean That is
592
00:49:02.095 --> 00:49:04.415
fucking hell. Of global
593
00:49:04.655 --> 00:49:05.695
Yeah. France.
594
00:49:06.655 --> 00:49:09.295
So, again, please, keeping
595
00:49:09.295 --> 00:49:22.430
your mouth short is an absolute superpower. Staying pseudonymous or anonymous online is an absolute superpower, especially if you interact with Bitcoin and crypto. So just KYC is the dragon that man must slay. Yeah. And absolutely avoid KYC because,
596
00:49:22.829 --> 00:49:33.515
know, as we've seen with recent services like Revolut leaking all of your data, including your... The fact that you're a Bitcoin or crypto user as well. As well as your home address, which is basically
597
00:49:33.595 --> 00:49:36.955
target on your front door. Yes. So be careful.
598
00:49:37.434 --> 00:49:38.155
The
599
00:49:38.635 --> 00:49:44.395
Bank of Russia has confirmed that p two p Bitcoin trades are gonna become illegal after the 07/01/2027.
600
00:49:44.890 --> 00:49:48.730
They released guidance dated the October 12 confirming
601
00:49:48.730 --> 00:49:52.090
that direct peer to peer crypto trade between individuals
602
00:49:52.170 --> 00:50:01.565
stay legal only until the July 1. After that, every single trade has to go through a registered broker or exchange under federal law two eight two.
603
00:50:03.565 --> 00:50:10.685
The not good, not good and probably gonna be expanded worldwide if, you know, Bitcoin and crypto continues to
604
00:50:10.925 --> 00:50:12.525
gain further adoption.
605
00:50:13.030 --> 00:50:17.030
I'd imagine. So before you do the next one, I'm gonna run for a piss.
606
00:50:17.270 --> 00:50:21.990
Can we see if I can go piss and come back before you finish the next
607
00:50:22.550 --> 00:50:23.430
news item?
608
00:50:23.670 --> 00:50:25.964
Alright. Three two one, go.
609
00:50:26.765 --> 00:50:31.404
Next on the list, the Bank of America is paying 1,200,000,000
610
00:50:31.404 --> 00:50:36.365
for willful money laundering failures while Samurai devs sit in prison.
611
00:50:37.005 --> 00:50:39.510
So the US Treasury has announced 1,200,000,000
612
00:50:39.510 --> 00:50:46.390
in combined penalties on the October 13 after the Bank of America admitted willfully violating the Bank Secrecy Act.
613
00:50:46.950 --> 00:50:49.350
The bank failed to report over 5,000,000,000
614
00:50:49.350 --> 00:50:51.670
in suspicious transactions to FinCEN
615
00:50:52.535 --> 00:50:56.375
on time between 2018 and mid two thousand and twenty five.
616
00:50:57.095 --> 00:50:58.375
The OCC's
617
00:50:58.375 --> 00:50:59.975
750,000,000
618
00:50:59.975 --> 00:51:02.135
penalty counts towards that total,
619
00:51:02.375 --> 00:51:07.015
and OFAC settled separately for another $11,600,000.
620
00:51:07.720 --> 00:51:08.920
No executive
621
00:51:08.920 --> 00:51:12.120
at the Bank of America was charged with anything.
622
00:51:12.760 --> 00:51:14.040
All of this meanwhile,
623
00:51:14.200 --> 00:51:18.840
the Samurai Wallet developers are serving five and four year federal prison sentences
624
00:51:19.080 --> 00:51:21.560
for pleading guilty to conspiring
625
00:51:21.855 --> 00:51:24.655
to run an unlicensed money transmitting business.
626
00:51:25.295 --> 00:51:26.575
Not money laundering
627
00:51:27.295 --> 00:51:29.935
over privacy software that they wrote.
628
00:51:30.335 --> 00:51:37.055
So a bank admits it willfully broke the same laws and pays a fine that each of its shareholders will undoubtedly cover,
629
00:51:37.700 --> 00:51:41.300
And the people who run it face zero charges.
630
00:51:41.780 --> 00:51:44.900
The developers who wrote code go to prison.
631
00:51:45.780 --> 00:51:53.445
I mean, the the level of double speak or injustice here is once again just completely staggering, Max. How was your piss? Yeah.
632
00:51:54.645 --> 00:51:56.085
A little bit rushed,
633
00:51:56.244 --> 00:52:00.405
but very good. I stood on a dinosaur on my my run back.
634
00:52:01.205 --> 00:52:02.965
A little fucking stegosaurus
635
00:52:02.965 --> 00:52:03.365
or something.
636
00:52:04.750 --> 00:52:06.830
But, yeah, it was good, mate. Thank you.
637
00:52:07.310 --> 00:52:08.510
Thank you for covering.
638
00:52:09.310 --> 00:52:13.550
I know I'm old now because a couple of coffees in the morning and and
639
00:52:13.710 --> 00:52:16.110
getting through just even an hour now
640
00:52:16.350 --> 00:52:17.150
is tough.
641
00:52:18.744 --> 00:52:27.465
Yeah. Yeah. I'm the same. When you get to a certain age, mate, it catches up with you. I've just seen... We've got guest zero one e c in the Nosher chat going off.
642
00:52:28.744 --> 00:52:33.785
The escort was in The US, apparently, but it wasn't like the one in The UK, which was an institution.
643
00:52:34.640 --> 00:52:38.080
Yeah. I imagine they had, like, an Americanized version
644
00:52:38.160 --> 00:52:38.720
of
645
00:52:39.120 --> 00:52:39.840
Yeah.
646
00:52:40.400 --> 00:52:43.360
Yeah. But, yeah, I mean, it is it is like...
647
00:52:43.760 --> 00:52:46.080
I guess it's like... What what would America...
648
00:52:46.080 --> 00:52:48.800
It'd be like a a Mustang or something like that. Like,
649
00:52:50.195 --> 00:52:51.795
something that they really
650
00:52:52.035 --> 00:52:52.755
covered.
651
00:52:53.315 --> 00:52:58.195
Yeah. And then they said that they've got a 165 mile... A 165
652
00:52:58.195 --> 00:53:01.155
miles per hour in a souped up Mustang with his late father.
653
00:53:01.555 --> 00:53:10.500
Okay. And they were also good enough to convert it to kilometers per hour. Well, we're great. You don't need to do that. You don't need to do that. I've never done a 165
654
00:53:10.500 --> 00:53:11.300
in a car.
655
00:53:12.420 --> 00:53:13.300
I've,
656
00:53:13.859 --> 00:53:15.300
on a private racetrack,
657
00:53:15.859 --> 00:53:20.580
maybe somewhere in Germany, done one fifty five and then completely lost my ball.
658
00:53:21.335 --> 00:53:24.135
Fucking hell. I've done 200 on a bike.
659
00:53:24.535 --> 00:53:25.255
Oh,
660
00:53:25.414 --> 00:53:26.535
fucking hell. Yeah.
661
00:53:26.934 --> 00:53:29.575
On on a on a b road in The UK.
662
00:53:31.815 --> 00:53:32.615
Wow.
663
00:53:33.335 --> 00:53:34.135
But
664
00:53:34.135 --> 00:53:36.694
I don't I don't think I don't think I've done more than probably
665
00:53:37.040 --> 00:53:39.600
one thirty, one forty in a car. It feels...
666
00:53:39.840 --> 00:53:47.280
It's scary on both, but, like, I think it depends what car you're driving as well. If you're driving, like, a big tall thing, it doesn't feel
667
00:53:47.920 --> 00:53:52.480
as fast. It's like the lower you are off the ground. Or, obviously, on a bike, it feels quick as well. Yeah.
668
00:53:55.255 --> 00:53:59.495
Next on the list, Citizen Lab has published the first public technical
669
00:53:59.975 --> 00:54:02.375
confirmation that mercenary spyware
670
00:54:02.615 --> 00:54:05.495
can reach a phone through targeted advertising
671
00:54:05.495 --> 00:54:08.215
alone with no click from the victim.
672
00:54:08.670 --> 00:54:11.869
The ad only has to render on screen. This is wild.
673
00:54:12.829 --> 00:54:21.309
The report called Adfection found that at least 45 devices at Al Jazeera, the news network, were targeted in 2024 and 2025
674
00:54:21.665 --> 00:54:23.905
with Kandiru spyware
675
00:54:23.905 --> 00:54:27.425
through ads bought by an Israeli firm called Discover Tech,
676
00:54:27.905 --> 00:54:32.145
which Citizen Lab describes as a bridge between spyware companies and the ad industry.
677
00:54:33.549 --> 00:54:36.589
Attacker scripts turned up in 75,000
678
00:54:36.589 --> 00:54:39.390
Android and iOS apps and a 128,000
679
00:54:39.390 --> 00:54:40.269
websites
680
00:54:40.269 --> 00:54:42.670
across mobile and desktop browsers.
681
00:54:43.150 --> 00:54:50.815
Google, IAB Europe, and several ad exchanges cut Discover Tech off in early October just before this report came out.
682
00:54:52.255 --> 00:54:57.295
The... This is wild. The the ad network itself is now an attack service.
683
00:54:57.694 --> 00:55:01.694
You don't need to click anything and you only need to be targetable.
684
00:55:03.450 --> 00:55:07.530
So this goes without saying that, you know, ad and tracker blocking
685
00:55:07.930 --> 00:55:08.730
are
686
00:55:08.810 --> 00:55:13.690
arguably a required security measure, not just Mhmm. I guess like a comfort setting.
687
00:55:15.435 --> 00:55:21.035
And another reminder that maybe your phone is not the best idea or the best place to keep
688
00:55:21.275 --> 00:55:22.635
all of your secrets.
689
00:55:23.675 --> 00:55:24.955
Yeah. Maybe not.
690
00:55:25.755 --> 00:55:26.555
Absolutely.
691
00:55:27.355 --> 00:55:34.650
I'm Gonna wish through these last ones. Court records made public this week show exactly what Telegram hands over when The US authorities come asking.
692
00:55:35.130 --> 00:55:38.010
Four zero four media and Court Watch reported
693
00:55:38.329 --> 00:55:47.925
that the filing includes a letter from Telegram to US US authorities sent after a court order, which basically they gave away and disclosed the specific user's telephone number,
694
00:55:48.244 --> 00:55:50.645
Telegram user ID, and IP address.
695
00:55:51.205 --> 00:55:53.445
And is another reminder that Telegram,
696
00:55:54.005 --> 00:55:58.725
despite somehow being branded as one, is not a private messenger.
697
00:55:59.369 --> 00:56:01.290
You should not be using Telegram
698
00:56:01.529 --> 00:56:04.410
for anything that you want to be private.
699
00:56:04.650 --> 00:56:07.369
For that, use Signal or Radar.
700
00:56:08.009 --> 00:56:08.730
Yeah.
701
00:56:09.049 --> 00:56:09.530
It
702
00:56:10.009 --> 00:56:11.609
is good, though. Like,
703
00:56:13.175 --> 00:56:23.895
it is useful. We do a lot of our planning and, like, keeping media on there and stuff like that. Like, you don't have the compression problems. You can upload of any sort of size. Like,
704
00:56:24.215 --> 00:56:33.480
it's just fucking useful. I wish I wish Signal was as useful. It's great at what it does. I just wish you could do everything on Signal, then I just fuck Telegram off completely.
705
00:56:33.960 --> 00:56:35.240
Yeah. I agree.
706
00:56:36.840 --> 00:56:48.215
Right. Whizzing through the last few. There's there's a couple of articles about quantum stuff, which I'll leave the listeners to click the link in the show notes because we're we're already way up on time. We spent too much time talking about Ford Escort and Yeah. All
707
00:56:49.015 --> 00:56:51.095
Last one on the list, OpenAI
708
00:56:51.095 --> 00:56:57.860
published a misalignment report on the October 15 describing something an internal research model did back on the June 26.
709
00:56:58.740 --> 00:57:02.420
The model which was part of the g p six five... G p t 5.6
710
00:57:02.420 --> 00:57:03.460
Sol family
711
00:57:03.540 --> 00:57:05.780
was given a coded task and
712
00:57:05.780 --> 00:57:09.460
no funded wallet of its own. It checked 362
713
00:57:09.460 --> 00:57:13.675
addresses derived from a commonly used developer recovery phrase,
714
00:57:13.914 --> 00:57:18.635
found one with funds and paid a Sepulio, which is the Ethereum test net,
715
00:57:19.515 --> 00:57:24.715
to finish the job it was asked to do. Reporting the task was done without saying where the money came from.
716
00:57:25.515 --> 00:57:31.340
Its reasoning was that funds were sitting on a known public developer mnemonic seed were effectively abandoned
717
00:57:31.420 --> 00:57:34.300
and only valueless test net eth was involved.
718
00:57:35.579 --> 00:57:41.980
OpenAI caught it on the September 25 through extended monitoring and a sin restricted live internet access for similar tasks.
719
00:57:42.765 --> 00:57:48.925
Thought this is interesting. Obviously, there's no real vulnerability or attack here, but like again, this is like a
720
00:57:50.125 --> 00:57:53.885
a warning flag as to where the capability of these models are heading.
721
00:57:54.579 --> 00:57:58.500
And again, you should be very careful about what you're keeping online
722
00:57:58.579 --> 00:58:02.180
in terms of secrets and your... Especially your money.
723
00:58:02.579 --> 00:58:03.220
Yeah.
724
00:58:04.180 --> 00:58:04.900
Yeah.
725
00:58:05.700 --> 00:58:09.780
Right. So as I say, there's three more stories all about quantum resistance
726
00:58:10.224 --> 00:58:19.105
in the show notes if you wanna go and catch that one up, guys. But next up, let's whisk through the boost. I will kick us off once again.
727
00:58:19.425 --> 00:58:20.625
Lonely Pumpkins,
728
00:58:21.185 --> 00:58:22.065
10,000
729
00:58:22.065 --> 00:58:22.865
sats,
730
00:58:23.025 --> 00:58:23.905
good rip gents.
731
00:58:24.309 --> 00:58:30.150
Multi sig isn't as intimidating as it can seem. One idea I first heard from Michael Flaxman
732
00:58:30.549 --> 00:58:34.950
some years ago is a, quote, dumb two of two multi sig.
733
00:58:35.430 --> 00:58:45.785
Not certain that's what he calls it, but that's what I call it. Take your hardware wallet device of choice and the hot wallet and make it two of two multisig via a coordinator of choice.
734
00:58:46.424 --> 00:58:47.704
Use usual
735
00:58:47.704 --> 00:58:50.424
cold wallet hygiene for the hardware wallet device,
736
00:58:50.950 --> 00:58:53.190
Back up the hell out of that hotkey
737
00:58:53.750 --> 00:58:55.270
even in unrecommended
738
00:58:55.270 --> 00:58:58.550
ways. Email it to yourself, post it on monitor
739
00:58:59.670 --> 00:59:00.470
even,
740
00:59:00.550 --> 00:59:02.070
like with a post it note,
741
00:59:02.870 --> 00:59:08.155
and then it cuts off. So I'm just gonna head to our back end to grab the rest of it. My apologies.
742
00:59:10.795 --> 00:59:12.795
How much are our earmarks in it?
743
00:59:15.035 --> 00:59:22.040
Well, while you're looking for that, thank you, Lonely Pumpkins, this boost. I'm not sure. How do you feel about this as as advice?
744
00:59:22.040 --> 00:59:26.760
I'm unsure. I'm trying to get the full context so that I can then pass on my
745
00:59:27.640 --> 00:59:28.920
full comments.
746
00:59:29.000 --> 00:59:29.400
Okay.
747
00:59:33.305 --> 00:59:34.425
There we go.
748
00:59:41.305 --> 00:59:52.250
Oh, it's cut off there as well. Yeah. Lonely Pumpkins, your your boost has been cut off. It must have been too long, and I don't know It's a two of two. Where else I can go of... Go and kind of
749
00:59:52.650 --> 00:59:55.930
retrieve it from. But I think we got the gist. It was basically
750
00:59:57.130 --> 00:59:58.730
you have a two of two,
751
01:00:00.250 --> 01:00:03.290
which is basically what you have with a passphrase, but I guess,
752
01:00:04.755 --> 01:00:05.635
well,
753
01:00:05.635 --> 01:00:07.474
there's not a lot of different really, is there?
754
01:00:08.194 --> 01:00:12.355
I do I do feel like we're missing some context here. Let me see if I can find it on Farmington.
755
01:00:12.914 --> 01:00:18.674
Do you wanna read the rest of them while I go find it? Yeah. So anonymous
756
01:00:17.600 --> 01:00:18.480
sent
757
01:00:18.720 --> 01:00:22.640
66,666
758
01:00:22.640 --> 01:00:28.640
sats saying keep up the good work. Thank you, anonymous. We we intend to.
759
01:00:31.755 --> 01:00:34.555
Best of the rest, World Reign with...
760
01:00:35.035 --> 01:00:39.835
Oh, why is it doing in BTC? 3,000... Well, 3,333
761
01:00:39.835 --> 01:00:40.475
stats.
762
01:00:41.115 --> 01:00:47.380
Well, fucking hell. I'm selling all my stack, throwing my devices in the sea,
763
01:00:47.460 --> 01:00:49.780
and moving the family into a cave.
764
01:00:51.539 --> 01:00:54.260
What a shit show for self custody,
765
01:00:55.475 --> 01:00:56.515
Worlder Inn.
766
01:00:57.235 --> 01:01:00.675
There's still hope, mate. I I know what you mean. There's still hope.
767
01:01:01.155 --> 01:01:04.035
I think we all feel like that a little bit, but
768
01:01:04.515 --> 01:01:07.635
Yeah. Spread your risk, all the stuff that I keep repeating.
769
01:01:08.410 --> 01:01:10.730
Go and buy a a Mark one Escort.
770
01:01:10.730 --> 01:01:13.930
You know? If you got a big stack, you know, diversify.
771
01:01:14.330 --> 01:01:19.210
Yeah. I bet you're Welder Ian. Like, welders are car guys, aren't they? I bet you're even loving the sport chat.
772
01:01:19.690 --> 01:01:24.955
Yeah. Ian's sort of that sort of name where I think it would be that generation as well. Probably.
773
01:01:25.275 --> 01:01:26.555
I think Weldorian
774
01:01:27.595 --> 01:01:28.315
might
775
01:01:28.395 --> 01:01:30.955
actually be an escort owner.
776
01:01:32.234 --> 01:01:38.234
You've got an escort owner's name, hasn't he? Yeah. For sure. Weldorian doesn't get any more escort than that.
777
01:01:40.299 --> 01:01:41.020
Yeah. I'm
778
01:01:42.539 --> 01:01:44.300
Apart from maybe Roxanne.
779
01:01:44.780 --> 01:01:46.460
I'm failing here
780
01:01:46.619 --> 01:01:52.060
with the lonely pumpkins one. It's even cut off on fountain, so it doesn't like it's anything wrong with our infrastructure.
781
01:01:52.460 --> 01:01:52.859
Okay.
782
01:01:53.865 --> 01:01:58.425
World Reign also said, Max forgot ungovernable.bitcoin.
783
01:01:58.425 --> 01:02:01.385
Try ungovernable.doom.
784
01:02:05.385 --> 01:02:06.825
Bitcoin.doom.
785
01:02:08.670 --> 01:02:13.310
Right. Let's wrap this up. We also see boosts from RevHuddle,
786
01:02:13.390 --> 01:02:18.030
user one four one six five four one four, and, of course, Gnostic Gang as well.
787
01:02:18.829 --> 01:02:29.785
Thank you for your support, guys. We appreciate it nonetheless. And Lonely Pumpkins, if you wanna DM me on Twitter or Nostril summit with the full thing, I'm happy to go over your recommendation on the next show.
788
01:02:30.025 --> 01:02:37.200
Yeah. For sure. Oh, and also Cool. Not to forget, we had another on chain boost. Oh, we did. Yes. There it is on screen.
789
01:02:37.840 --> 01:02:39.680
From c brown
790
01:02:40.720 --> 01:02:45.360
sent 0.0085449
791
01:02:45.360 --> 01:02:46.480
Bitcoin. Another
792
01:02:47.055 --> 01:02:51.375
huge on chain boost from some... Because it wasn't c Brown last time.
793
01:02:52.974 --> 01:02:55.695
Appreciate you, mate. Is that Connor Brown?
794
01:02:55.934 --> 01:02:56.735
Is that
795
01:02:57.775 --> 01:03:04.100
Chris Brown? Chris Chris Brown. Yeah. Probably him. I know he's a big he's a big listener of the show.
796
01:03:04.580 --> 01:03:06.100
It's either Chris Brown
797
01:03:06.580 --> 01:03:11.140
or it's Connor Brown who now does all the the legal stuff, doesn't he?
798
01:03:11.700 --> 01:03:12.420
Yeah.
799
01:03:12.900 --> 01:03:20.925
One of the two. Either way, c Brown, thank you very much for your support. Really do appreciate that. Right. Let's wizz through these releases.
800
01:03:22.125 --> 01:03:32.859
First one, this is a cool one. Fulcrum two point one point four. Fulcrum, for those of you that don't know, is an election server that people run to query the Bitcoin blockchain for their own wallets, pulls
801
01:03:32.859 --> 01:03:33.980
address balances
802
01:03:34.460 --> 01:03:36.700
instead of doing it with somebody else's server.
803
01:03:37.180 --> 01:03:44.380
It's been very popular in the the samurai circles and forms the back end for a lot of popular wallets like Cake Wallet, Envoy, etcetera, etcetera.
804
01:03:45.705 --> 01:03:54.025
On... It's October 18, it added parallel hash lookups that make the get history call and subscription queries, basically your balance queries,
805
01:03:54.345 --> 01:03:57.465
five to 10 times faster
806
01:03:57.545 --> 01:03:59.065
on old lookups.
807
01:04:00.080 --> 01:04:04.720
And you know who's behind this? I do. I do. It's someone really,
808
01:04:04.800 --> 01:04:06.480
really fucking nerdy,
809
01:04:06.480 --> 01:04:07.760
but does cool stuff.
810
01:04:08.160 --> 01:04:11.440
It's it's mister for privacy and his clankers.
811
01:04:12.025 --> 01:04:14.025
Yeah. Seth for AI
812
01:04:14.105 --> 01:04:23.065
just suddenly speeding things up. Yep. I did see this. I actually put it in my, my last ad read. But Oh, very nice. Basically calling
813
01:04:23.065 --> 01:04:28.590
Cakewallet a a bunch of nerds, but who do cool stuff. So I'm sure they'll appreciate that in the ad rate.
814
01:04:29.470 --> 01:04:30.270
Absolutely.
815
01:04:31.070 --> 01:04:35.150
Right. I'm gonna skip the Lightning Terminal one. They just got
816
01:04:35.550 --> 01:04:41.035
required updates for, I believe, there's some security related stuff in there. If
817
01:04:41.035 --> 01:04:45.195
run like... If you run Lightning Terminal, which arguably not many people are doing, especially to be
818
01:04:46.155 --> 01:04:48.635
with type type assets, make sure you're up to date.
819
01:04:49.435 --> 01:04:53.275
Next one, they're shipping again, mate. Am I exposed version 0.43
820
01:04:53.195 --> 01:04:53.275
Yeah.
821
01:04:54.630 --> 01:04:58.470
This is the free open source tool for all this in your own coins for privacy leaks,
822
01:04:58.789 --> 01:05:06.150
which you can run against your own back end. Latest release on the October 15 shipped encrypted backups with an optional wallet key lock,
823
01:05:06.390 --> 01:05:08.150
plus a set of graph investigational
824
01:05:08.150 --> 01:05:08.710
tools
825
01:05:09.405 --> 01:05:11.805
for finding connections between addresses.
826
01:05:12.045 --> 01:05:16.045
You've also got graph labels for your bit three twenty nine labels,
827
01:05:16.685 --> 01:05:34.310
and a time layout and multi select options as well. Very cool. I would love to get them on for you until Friday one day. It would be good. Would be Next on the list, BISC two version two point one point fourteen has been released. A required update for one of the leading no KYC peer to peer exchanges.
828
01:05:35.030 --> 01:05:37.270
Closing findings from its recent security audit.
829
01:05:37.905 --> 01:05:42.545
Offer takes must now match the maker's current offer and price, buyer in force
830
01:05:42.865 --> 01:05:43.585
seller
831
01:05:43.665 --> 01:05:49.105
reputation limits and Bitcoin URI and lightning invoice amounts are checked against the agreed trade.
832
01:05:49.820 --> 01:05:54.540
The update also signs storage, isolates TOR connections between identities
833
01:05:54.540 --> 01:05:58.140
and removes TOR version, a long version number.
834
01:05:59.180 --> 01:06:11.105
If you run this too, make sure you're up to speed. This seems like a required one. Oh, Adrian Lundy is just... I might expose this package for start nine, just saying. Yeah. I think we've Oh. We've mentioned that before, haven't we?
835
01:06:11.744 --> 01:06:13.105
Is that on
836
01:06:13.905 --> 01:06:14.705
the community
837
01:06:14.960 --> 01:06:22.640
app store or is it on the main one? Just for for everybody else's benefits, let us know. My guess is community, but yeah. Could say so.
838
01:06:22.880 --> 01:06:32.415
Zeus version thirteen point two point three has been released. It's a stable bill following many release candidates that they like to do. Ships the latest l and d and l d k node
839
01:06:32.494 --> 01:06:34.255
d k node builds
840
01:06:34.654 --> 01:06:37.615
Mhmm. Carrying the latest Rust Lightning security fixes.
841
01:06:38.255 --> 01:06:46.720
The update also had to check that the l s p wrapped invoices match the invoice they wrap which stops the LSP quietly swapping the payment you approved
842
01:06:46.800 --> 01:06:48.480
and stealing your funds.
843
01:06:49.839 --> 01:06:52.480
Bitcoin Core version 32,
844
01:06:52.800 --> 01:06:54.560
our release candidate four,
845
01:06:54.880 --> 01:06:56.320
few changes that stand out here.
846
01:06:57.215 --> 01:07:01.775
When your node checks in a block, it can now fetch the coins being spent from the hard disk
847
01:07:02.015 --> 01:07:08.255
in parallel which speeds up the validation on machines that cannot keep everything in memory, I. E, Raspberry Pis, etcetera.
848
01:07:09.099 --> 01:07:15.660
And the default limit on connections rises from a 125 to 200, which gives the network more room for
849
01:07:15.660 --> 01:07:16.860
more peers.
850
01:07:17.260 --> 01:07:23.020
And finally, onion services that Bitcoin Core sets up for you now turn on TOR's proof of work defense,
851
01:07:23.664 --> 01:07:27.345
which makes them harder to knock offline by flooding attacks.
852
01:07:29.505 --> 01:07:32.224
Nunchuck Android two point nine point one
853
01:07:32.625 --> 01:07:34.464
adds the option to export
854
01:07:34.545 --> 01:07:39.345
x pubs, the extended public key that lets other watch wallets
855
01:07:39.000 --> 01:07:40.200
watch your address.
856
01:07:40.360 --> 01:07:43.960
Or you can use that in a multisig without holding the private key.
857
01:07:44.360 --> 01:07:45.960
Can't wrap my head around that.
858
01:07:47.720 --> 01:07:54.360
Which makes it easier to build multisig corums or watch only setups that span different wallet apps. Okay. So it's just more public
859
01:07:54.895 --> 01:07:56.495
key export information.
860
01:07:56.495 --> 01:08:01.455
Andrew Lundy's come back the supported package by the team, available on the main registry. Very nice.
861
01:08:02.335 --> 01:08:03.455
Love to see it.
862
01:08:04.255 --> 01:08:10.920
Next on the list, my very own bitcoin c tool two point four point one. Small quality of life update that basically just has some
863
01:08:11.640 --> 01:08:13.000
mobile layout
864
01:08:13.320 --> 01:08:17.079
fixes relating to BIP 85 and CQR rendering.
865
01:08:18.760 --> 01:08:23.925
This one is a new release, Corsico app. This is version 0.3.
866
01:08:24.165 --> 01:08:29.764
This is a new open source Android lightning wallet that keeps your spending keys off your phone entirely.
867
01:08:30.245 --> 01:08:32.645
They live on a cheap LilyGoatee
868
01:08:32.645 --> 01:08:33.765
display board
869
01:08:34.100 --> 01:08:40.420
built on top of the ESP 32 chip which is commonly used in a lot of hardware projects
870
01:08:40.660 --> 01:08:45.540
that you of course flash yourself and then every payment gets confirmed on that device
871
01:08:46.275 --> 01:08:47.795
over Bluetooth.
872
01:08:47.875 --> 01:08:51.235
It's built on top of, no surprises in 2026,
873
01:08:51.475 --> 01:08:52.275
Spark.
874
01:08:52.275 --> 01:08:55.155
So Spark operators can cosign with your key.
875
01:08:56.115 --> 01:08:56.755
And
876
01:08:57.075 --> 01:08:59.795
yeah, they shipped a couple of point releases
877
01:08:59.520 --> 01:09:06.079
in the last week or so adding support for paying lightning addresses and LN URL plus receive to a lightning address as well.
878
01:09:06.800 --> 01:09:09.280
Pretty novel and interesting thing here to
879
01:09:09.679 --> 01:09:17.405
kind of segregate the the lightning keys but do it over Spark as well. I'm not seeing this used in the wild yet, but
880
01:09:17.805 --> 01:09:25.324
thought I'd include it because it's a new interesting Yeah. Project. Well, I'm just gonna click the link very quickly just so we see who's behind it, if it's anybody
881
01:09:26.045 --> 01:09:27.165
that we know.
882
01:09:27.885 --> 01:09:30.125
No, it is not, but it will be linked
883
01:09:30.560 --> 01:09:34.239
in the show notes if you wanna go and check it out.
884
01:09:35.440 --> 01:09:42.000
I think finally on the list. No, not finally. Next on the list, Bull Bitcoin mobile six point fourteen point zero.
885
01:09:43.195 --> 01:09:48.315
Couple of cool additions here. TOR now runs an isolated package with separate sessions.
886
01:09:48.475 --> 01:09:53.994
One for your vault backup key service and one for Onion Electrum service so that backup traffic
887
01:09:54.074 --> 01:09:57.114
and wallet traffic cannot be linked by the Ball Bitcoin team.
888
01:09:58.280 --> 01:10:04.440
Recovery words, this is an interesting one. I've not heard of anybody do this before. Recovery words are now typed on an in app keyboard
889
01:10:04.840 --> 01:10:08.120
instead of the phone's own native keyboard,
890
01:10:08.280 --> 01:10:14.284
keeping them away from the OS keyboard app and any learning or cloud features that may be enabled.
891
01:10:15.005 --> 01:10:15.645
Okay.
892
01:10:15.805 --> 01:10:23.245
The release also adds screen privacy toggle, auto buy and limit orders, Android memory tagging and experimental
893
01:10:23.760 --> 01:10:27.760
silent payments wallet hidden behind the developer mode. Very cool.
894
01:10:29.280 --> 01:10:33.439
And then this actually is the last one on the list. KQuality 6.5,
895
01:10:33.840 --> 01:10:43.534
now been released. Bitcoin wallets can now be split into multiple accounts under one seed. Very nice. So you can separate your funds by purpose. So KYC, no KYC,
896
01:10:43.615 --> 01:10:56.090
etcetera etcetera without ever spending from them accidentally together. That's the whole point of account segregation. Yeah. And of course, it's got the rebuilt sync engine that's powered by the fulcrum stuff that we talked about five minutes ago,
897
01:10:56.410 --> 01:10:56.890
which
898
01:10:58.410 --> 01:11:03.050
make means that your wallet updates for your bitcoin stuff load significantly
899
01:11:03.050 --> 01:11:07.290
faster up to five to 10 x faster. Very, very cool. Very fast. Yeah.
900
01:11:07.985 --> 01:11:09.105
Finally,
901
01:11:09.105 --> 01:11:11.744
this update also shows lightning amounts in stats.
902
01:11:12.225 --> 01:11:13.505
Nice. Oh, nice.
903
01:11:15.425 --> 01:11:19.185
Yep. That's the end of the list, mate. Not as much doom as
904
01:11:19.265 --> 01:11:20.145
as last week.
905
01:11:20.760 --> 01:11:22.520
Probably counterbalanced
906
01:11:22.520 --> 01:11:24.919
by the Tesla and the Escort chat.
907
01:11:25.159 --> 01:11:25.959
Yeah. But...
908
01:11:26.679 --> 01:11:35.639
Yeah. I mean, I'm not gonna apologize if that's our way of coping with through the boredom and the doom of Yeah. People getting It's a coping mechanism. There sucks, then Yeah. Why not?
909
01:11:36.324 --> 01:11:46.804
It's... You know, if you have PTSD from all this stuff, if if it's affecting your mental health, you have to have these coping mechanisms. Otherwise, you just won't be around for long. You just have to you
910
01:11:47.364 --> 01:11:57.660
have to do this, I think, in Bitcoin land at the moment. You certainly do. Thank you everyone for supporting the show. Thank you for the boost, the stats, the messages,
911
01:11:57.820 --> 01:11:59.500
calling us out where we're wrong,
912
01:11:59.980 --> 01:12:02.989
and all that kind of stuff. We do appreciate it. Absolutely.
913
01:12:03.149 --> 01:12:06.429
I hope you all have a wonderful week, and we'll catch you on Friday for
914
01:12:06.589 --> 01:12:10.109
Freedom Tech Friday. Have a good Monday, folks. Stay uncomfortable.