1 00:00:00,480 --> 00:00:05,820 podcasting 2.0 for January 15 2021, Episode 20 we are 2 00:00:05,820 --> 00:00:07,050 mapping the road. 3 00:00:09,510 --> 00:00:11,880 My love Fridays 4 00:00:12,780 --> 00:00:18,120 best day of the week. Not because I got a whole weekend 5 00:00:18,120 --> 00:00:22,320 off never do but that means we get to do another board meeting 6 00:00:23,010 --> 00:00:27,060 a podcasting to foreknows podcast index.org I am Adam 7 00:00:27,060 --> 00:00:31,080 Curry in Austin, Texas. And somewhere there in Alabama the 8 00:00:31,080 --> 00:00:34,680 man who can make an endpoint that changes humanity before 9 00:00:34,680 --> 00:00:40,380 breakfast, ladies and gentlemen, Dave Jones cracked the gavel for 10 00:00:40,380 --> 00:00:41,730 the board meeting. That's right. 11 00:00:43,200 --> 00:00:47,340 We're I like that I like this because I'm I'm in the future 12 00:00:47,340 --> 00:00:50,220 now too. Because you you have always been, you know, you've 13 00:00:50,220 --> 00:00:54,510 always been from the future. Wow. Like, grabbed me, you know? 14 00:00:54,510 --> 00:00:57,960 How like, was it like superheroes where it's like they 15 00:00:57,960 --> 00:01:00,030 can teleport? And sometimes they'll grab somebody 16 00:01:00,960 --> 00:01:03,870 teleport to thinking more like doc and Marty but yeah, okay. 17 00:01:04,230 --> 00:01:09,150 Okay. Like you've given me future powers to now feel like 18 00:01:09,150 --> 00:01:09,840 I'm from the future. 19 00:01:09,870 --> 00:01:13,530 You are You are from the future. And we were in this future. I 20 00:01:13,530 --> 00:01:18,030 think several months ago, maybe even when we started this, this 21 00:01:18,030 --> 00:01:19,350 project this adventure. 22 00:01:19,800 --> 00:01:24,210 Yeah. Yeah, it's like, Man, what is it like? We could not have 23 00:01:24,210 --> 00:01:25,230 had better timing 24 00:01:26,040 --> 00:01:29,760 headline, maybe should tell everybody what, what we 25 00:01:29,760 --> 00:01:35,280 prognosticated first, it's not so easy to to get people to 26 00:01:35,280 --> 00:01:38,730 change from using Spotify as a music app to a podcast app. And 27 00:01:38,730 --> 00:01:41,940 I think they're under estimating the power of the individually 28 00:01:41,940 --> 00:01:46,500 distributed podcast experiences and they think they can capture 29 00:01:46,500 --> 00:01:51,990 that and here is CNBC is where I got it from. Headlines Spotify 30 00:01:51,990 --> 00:01:57,360 is big bet on podcast is failing city says. And I'll just do the 31 00:01:57,360 --> 00:01:59,820 key points your Spotify is multi million dollar bet. And 32 00:01:59,820 --> 00:02:02,730 podcasting may not be working out city analysts wrote in a 33 00:02:02,730 --> 00:02:08,640 note to clients on Friday. Let's go down to that the article is a 34 00:02:08,640 --> 00:02:12,720 little skewed the way that kind of headlining this because 35 00:02:12,720 --> 00:02:17,550 here's the actual quote, the cadence of premium gross 36 00:02:17,580 --> 00:02:23,130 additions, cue third 20. An app download data through q4 of 37 00:02:23,130 --> 00:02:27,810 2020. Do not show any material benefit from recent podcast 38 00:02:27,810 --> 00:02:32,310 investments that began in 2019. The analysts wrote and the firm 39 00:02:32,340 --> 00:02:36,840 downgraded the stock to sell from neutral. Now the way they 40 00:02:36,840 --> 00:02:40,170 position that in this article is 41 00:02:45,300 --> 00:02:48,780 I see they had like a weird. Yeah, Spotify is multimillion 42 00:02:48,780 --> 00:02:51,930 dollar bet on podcasting may not be working out. Yeah, that's 43 00:02:52,020 --> 00:02:54,720 exactly the what they said because the analysts didn't 44 00:02:54,720 --> 00:02:59,700 write that headline. But But what they're seeing is no, and 45 00:02:59,700 --> 00:03:03,060 this is really critical. This is how all these Silicon Valley 46 00:03:03,060 --> 00:03:09,810 companies are are measured. You have your monthly users. 47 00:03:11,250 --> 00:03:14,490 That is a debt den. And daily active user. Yes. 48 00:03:14,790 --> 00:03:19,260 Yes. Yes. Yes, exactly. So dee da us dm us or whatever. Yeah. 49 00:03:19,650 --> 00:03:24,330 Yeah. And then use if, yes, something get some little crack, 50 00:03:24,510 --> 00:03:30,420 or no pay? Yeah. But also for, for Spotify, their premium, you 51 00:03:30,420 --> 00:03:35,250 know, their customer needs to have the app. And and so so one 52 00:03:35,250 --> 00:03:38,100 is an increase in people downloading the app becomes an 53 00:03:38,100 --> 00:03:43,320 important metric for them. Yeah, along with an increase in people 54 00:03:43,320 --> 00:03:46,710 signing up for premium service, or one would presume, although 55 00:03:46,710 --> 00:03:49,830 that's not mentioned that I can see an increase in advertising 56 00:03:49,830 --> 00:03:55,380 revenue. They've misjudged this. And if not, that what they're 57 00:03:55,380 --> 00:03:59,010 trying to do may not be possible. But you can't just do 58 00:03:59,010 --> 00:04:01,950 this in a year and say, okay, four quarters later, you can see 59 00:04:01,950 --> 00:04:05,730 the significant advance in in people coming over to to 60 00:04:05,850 --> 00:04:09,120 experience podcasting on our app, it has nothing to do what 61 00:04:09,120 --> 00:04:11,310 they should have done is built a better app. 62 00:04:12,330 --> 00:04:17,130 That man that is 100% true. Yeah. 100%. Because like, the 63 00:04:17,130 --> 00:04:19,500 problem, the problem with Spotify is is a crappy app 64 00:04:19,500 --> 00:04:23,490 experience. Yes. Like, it's even a crappy app experience for 65 00:04:23,490 --> 00:04:27,390 music. But like, in the end, the podcast, app experience is way 66 00:04:27,390 --> 00:04:33,330 worse. Yeah, it's, yeah. But if Spotify had taken $900 million, 67 00:04:33,690 --> 00:04:36,570 or whatever it is, they spent so far, they've taken that money 68 00:04:36,870 --> 00:04:41,970 and just gone out and like hired the best talent they could find. 69 00:04:42,390 --> 00:04:46,680 I mean, like, they and and forgot about exclusives and all 70 00:04:46,680 --> 00:04:49,230 this kind of jazz. If they did just done that, like they would 71 00:04:49,230 --> 00:04:52,680 have had a killer experience. Yes, but people would want to 72 00:04:52,680 --> 00:04:53,580 use the app 73 00:04:53,580 --> 00:04:56,730 but that still does not guarantee the dominance 74 00:04:56,730 --> 00:05:01,080 dominance comes from something else and you Yeah, this is this 75 00:05:01,080 --> 00:05:03,450 is where I'm from the future because I've always said this, 76 00:05:03,750 --> 00:05:08,700 it comes from me, I don't even know if one single app can do it 77 00:05:08,700 --> 00:05:11,610 all. It's everybody has different tastes, there is, in 78 00:05:11,610 --> 00:05:17,340 fact room enough for everybody. Yeah, I look at it just for 79 00:05:17,340 --> 00:05:19,890 whatever reason, pod friend really works for me. And it's 80 00:05:19,890 --> 00:05:22,890 all in the interface and the features and the functions. So 81 00:05:22,890 --> 00:05:25,950 that works for me, I can use any of these other apps perfectly 82 00:05:25,950 --> 00:05:31,500 fine. I use pod station in the studio, because it's a perfect 83 00:05:31,500 --> 00:05:36,450 little browser extension. And it's exactly what I need for 84 00:05:36,450 --> 00:05:41,700 quick lookups. And it serves a whole different function. You 85 00:05:41,700 --> 00:05:45,540 know, I partially use hyper hyper catcher, because it has 86 00:05:45,570 --> 00:05:50,160 yet another set of functionality to be able to do all of that. I 87 00:05:50,160 --> 00:05:55,650 don't know, I I have never seen any company really do it all and 88 00:05:55,650 --> 00:06:01,740 do it well. And I just think that there's a overestimation 89 00:06:01,740 --> 00:06:04,980 maybe on everybody's part that this market can be captured. 90 00:06:05,250 --> 00:06:09,150 I'll tell you one thing, Apple's probably thinking twice about 91 00:06:09,150 --> 00:06:12,180 their podcasts plus experience where they're gonna have premium 92 00:06:12,180 --> 00:06:12,750 content. 93 00:06:13,290 --> 00:06:14,130 There they are. 94 00:06:14,430 --> 00:06:18,570 I mean, they're really missing missing the point here. Yes, 95 00:06:18,570 --> 00:06:22,650 content is king. But is it really, to me, I've always felt 96 00:06:22,920 --> 00:06:26,160 that the end user and the developers, they're the ones 97 00:06:26,160 --> 00:06:30,570 that determine everything, they determine the ultimate result? 98 00:06:30,720 --> 00:06:35,700 The question is, how many layers of management and and money crap 99 00:06:35,700 --> 00:06:37,530 is inserted between those two? 100 00:06:37,889 --> 00:06:41,369 Well, I mean, a good a good example of that is the pocket 101 00:06:41,369 --> 00:06:43,289 casts. And if you saw that story, so 102 00:06:43,800 --> 00:06:46,050 yes. And I and I saw the discussion on no agenda 103 00:06:46,050 --> 00:06:48,180 social.com. And 104 00:06:49,350 --> 00:06:51,030 where they talking about? I don't know. I mean, I'm sorry, 105 00:06:51,030 --> 00:06:51,270 pod 106 00:06:51,269 --> 00:06:54,479 podcast index that social Sorry, I've got too many communities in 107 00:06:54,479 --> 00:06:58,019 my life. Yeah. And they bleed over. Yeah. So so I don't know, 108 00:06:58,019 --> 00:07:02,729 mastodon, and I thought it was a good app. It's totally a good 109 00:07:02,729 --> 00:07:06,359 app. A, you know, yeah, it takes quite a bit to run the 110 00:07:06,359 --> 00:07:10,409 infrastructure. You know, if you if you make, I've started up 111 00:07:10,409 --> 00:07:14,969 companies, and if you and I had to had to be paid to do this, 112 00:07:15,239 --> 00:07:18,779 you know, already, you can see how much money would go into it, 113 00:07:18,779 --> 00:07:23,279 it'd be 20 fold of what we've actually, you know, even even 114 00:07:23,279 --> 00:07:27,719 brought in on donations and and a higher multiple of what we've 115 00:07:27,719 --> 00:07:29,999 spent, I'm worth at least, 116 00:07:30,360 --> 00:07:33,360 yeah, I'm worth at least 600,000. I mean, minimum. 117 00:07:34,380 --> 00:07:38,670 So well, so there's my other point. So yeah, so we would be 118 00:07:38,700 --> 00:07:41,250 we would be at a very, very low number. And then you need 119 00:07:41,250 --> 00:07:44,280 someone to be administration, someone to be CEO, and then 120 00:07:44,280 --> 00:07:46,590 someone do this and that. And then before you know, you have 121 00:07:46,590 --> 00:07:50,040 12 people, you got a million dollar payroll. And now In fact, 122 00:07:50,370 --> 00:07:53,460 these days, probably even less people will get to that number. 123 00:07:53,850 --> 00:07:58,770 And I don't know exactly, I guess they were I've not 124 00:07:58,770 --> 00:08:01,710 evaluated how they were making money, or what there was it just 125 00:08:01,710 --> 00:08:08,940 pay? Was it advertising data? I have no idea. But the future, 126 00:08:09,030 --> 00:08:18,810 the future no longer has this monolithic lists. The idea that 127 00:08:18,810 --> 00:08:22,140 one podcast is the number one podcast in the world is 128 00:08:22,140 --> 00:08:27,360 ridiculous. It makes it makes no difference. This podcast is 129 00:08:27,360 --> 00:08:30,840 supporting and quite a few listeners all the way down the 130 00:08:30,840 --> 00:08:35,100 line with the podcast index project. And it's just working 131 00:08:35,100 --> 00:08:39,150 and look at how little hassle there is. No, there's no 132 00:08:39,210 --> 00:08:41,760 cooperative, it's a whole, this is a whole different way of 133 00:08:41,760 --> 00:08:42,300 thinking about 134 00:08:42,299 --> 00:08:46,469 business. And then we went into this knowing that, like, we were 135 00:08:46,469 --> 00:08:49,679 gonna try to keep things expenses at the bare minimum 136 00:08:49,709 --> 00:08:53,459 until you know, at least until we found out okay, this is how 137 00:08:53,459 --> 00:08:58,049 much of a baseline that we can expect. So, like he said, the 138 00:08:58,049 --> 00:09:02,039 whole index runs on $300 a month or the posting. Yeah, I mean, 139 00:09:02,039 --> 00:09:04,679 that's it. I mean, the whole thing, the whole thing. Now, if, 140 00:09:04,769 --> 00:09:09,809 if I, if I could have as a, you know, as a planner, as an admin, 141 00:09:09,809 --> 00:09:12,299 or whatever, if I could have everything I wanted, if I could 142 00:09:12,299 --> 00:09:17,009 have every server configuration that I wanted, you know, you're 143 00:09:17,009 --> 00:09:21,779 looking at 500 a month, probably, like, if that's the 144 00:09:21,779 --> 00:09:26,519 case, then then running a podcast app, even with a full 145 00:09:26,519 --> 00:09:33,479 back end and losing $2 million. That's just inexcusable to me. I 146 00:09:33,479 --> 00:09:36,899 mean, and it's obviously a business problem. It's not a 147 00:09:36,899 --> 00:09:37,949 technology problem. 148 00:09:38,280 --> 00:09:43,080 Exactly. And clearly a management issue. So and this 149 00:09:43,110 --> 00:09:45,000 and we'll, we'll get to it later about, 150 00:09:45,300 --> 00:09:49,740 you know, let me let me throw one other thing, please. Okay. I 151 00:09:49,740 --> 00:09:56,040 think this also ties into another story which is pod 152 00:09:56,040 --> 00:10:01,830 chaser, supporting, supporting exclusive Have Spotify podcast 153 00:10:01,830 --> 00:10:05,430 on their platform, you know, they get a $4 million funding 154 00:10:05,430 --> 00:10:10,380 round. And, and I super appreciate those guys with other 155 00:10:10,410 --> 00:10:15,180 thing with the taxonomy project. I mean, they've given back to 156 00:10:15,180 --> 00:10:18,840 the community already to the podcasting world already. But 157 00:10:19,110 --> 00:10:23,820 the issue there though, is that there is way too much of this 158 00:10:24,810 --> 00:10:30,630 sort of VC, VC, exit strategy stuff going on. And, you know, I 159 00:10:30,630 --> 00:10:34,050 don't know much about pod chasers, you know, about them 160 00:10:34,050 --> 00:10:39,120 internally. But all I know is the guys I've talked to it in, I 161 00:10:39,120 --> 00:10:43,140 just think this is a bad idea. Like, I don't think that it was 162 00:10:43,140 --> 00:10:49,470 wise for them to go to go and add support for Spotify 163 00:10:49,500 --> 00:10:55,560 exclusive shows on their platform, like it, it devalues 164 00:10:56,610 --> 00:11:01,980 the whole podcasting open ecosystem is either a terrified 165 00:11:02,190 --> 00:11:07,470 of Spotify, or the thinks that there's that they're ruining it 166 00:11:07,590 --> 00:11:11,640 like that, they're that they're making it worse. So if you know 167 00:11:11,640 --> 00:11:16,170 pod, pod chaser had a really good platform has a really good 168 00:11:16,170 --> 00:11:20,040 platform, their web, the web property is great. And they're 169 00:11:20,040 --> 00:11:22,890 doing all the taxonomy stuff and doing crediting and all this 170 00:11:22,920 --> 00:11:27,000 sort of shorter jazz, I just think that a move like that is 171 00:11:27,000 --> 00:11:30,330 gonna lose you goodwill, I don't think anybody's gonna care. 172 00:11:30,840 --> 00:11:33,930 Nobody's going to use that feature on the site, or not many 173 00:11:33,930 --> 00:11:36,930 people are going to use it to comment in that kind of thing. 174 00:11:37,590 --> 00:11:41,850 And there's, the only reason I see that it could be something 175 00:11:41,850 --> 00:11:47,220 to do as part of your strategy is, is part of the VC play is, 176 00:11:47,250 --> 00:11:53,160 is you want that in order to attract some larger money. And I 177 00:11:53,160 --> 00:11:57,360 just don't, to me, there's too much VC in the podcasting space. 178 00:11:58,799 --> 00:12:02,159 Having had experience with building companies, on sales, 179 00:12:02,159 --> 00:12:06,899 building companies, with elbow grease and building them with 180 00:12:06,899 --> 00:12:11,069 venture capital money. If I were to guess what, what is going on 181 00:12:11,069 --> 00:12:16,109 here is, whoever started this, it doesn't really matter. And I 182 00:12:16,109 --> 00:12:18,149 could be completely wrong, but this is how it feels to me. 183 00:12:19,649 --> 00:12:23,159 Great idea, you know, having this type of information, IMDb 184 00:12:23,159 --> 00:12:27,689 for podcasts, I yeah, of course, that's, that's totally cool. And 185 00:12:27,749 --> 00:12:33,089 they seem to want to interrupt interact. And to do something 186 00:12:33,089 --> 00:12:36,689 like this very well, and to do it as a company, and not as a 187 00:12:36,869 --> 00:12:39,869 kind of open curated project, which is, it's all very 188 00:12:39,869 --> 00:12:44,999 difficult, no doubt about it. You need to have people and 189 00:12:44,999 --> 00:12:48,719 people need to be incentivized. And so what they have to run 190 00:12:48,719 --> 00:12:52,349 money through it. And you know, what is the ultimate business 191 00:12:52,349 --> 00:12:55,679 model? Well, if you're calling yourself the IMDb of podcasts, 192 00:12:55,679 --> 00:12:58,709 then you are automatically positioning yourself to be 193 00:12:58,709 --> 00:13:02,219 purchased as such, which is what the end result is, or one of the 194 00:13:02,219 --> 00:13:06,119 two end results desired by venture capital investment, 195 00:13:06,299 --> 00:13:10,139 either an IPO or being bought by a larger player. So it would 196 00:13:10,199 --> 00:13:13,529 appear to me this was a, an perhaps interesting, 197 00:13:13,679 --> 00:13:19,979 interestingly timed investment to to be there when Spotify 198 00:13:20,459 --> 00:13:22,439 wants this additional information. 199 00:13:23,069 --> 00:13:26,069 Yeah, yeah. And that's what, that's what it looks exactly 200 00:13:26,069 --> 00:13:31,619 like to me. And, and I just don't like imagine if sure 201 00:13:31,619 --> 00:13:35,729 there's lots of VC money everywhere. I mean, imagine if, 202 00:13:36,119 --> 00:13:42,089 you know, any open up, imagine if if TCP IP, all of a sudden 203 00:13:42,089 --> 00:13:44,639 had venture capital money going into companies that were going 204 00:13:44,639 --> 00:13:48,089 to, you know, figure out how to add things to it and monetize 205 00:13:48,089 --> 00:13:52,469 it. Like, there's just an open ecosystem, you're either in the 206 00:13:52,469 --> 00:13:57,089 open or you're not. And this hybrid approach where, where you 207 00:13:57,089 --> 00:13:59,939 say, well, we're gonna either be, you know, we're gonna be, we 208 00:13:59,939 --> 00:14:03,809 want to do all the work in the open ecosystem, but then we, but 209 00:14:03,809 --> 00:14:06,929 we're also going to be pulling in, you know, these other 210 00:14:07,019 --> 00:14:10,619 exclusive things. I mean, like, it just doesn't fit and it makes 211 00:14:10,859 --> 00:14:14,549 it makes your product worse, to me and their product 212 00:14:15,510 --> 00:14:17,910 on its own, but from an experiential, I've never used 213 00:14:17,910 --> 00:14:21,780 it, but why would I care if they also have Spotify stuff there? 214 00:14:22,260 --> 00:14:26,790 If I if I happen to use one show on Spotify, or am I not happy 215 00:14:26,790 --> 00:14:30,750 that I can also get it over there? As a as an end user? I 216 00:14:30,840 --> 00:14:34,560 don't think that's a downside is where their focus is. That's 217 00:14:34,560 --> 00:14:36,990 what that's what will be important. Are they building 218 00:14:36,990 --> 00:14:39,450 something to be attractive to Spotify? are they building 219 00:14:39,450 --> 00:14:41,370 something for something people want? 220 00:14:41,820 --> 00:14:44,580 That's Yes, that's the question. I it's To me, it's a goodwill 221 00:14:44,580 --> 00:14:46,590 issue. It really is just to get 222 00:14:47,100 --> 00:14:52,410 man you got You're too far down south Dave Jones. People don't 223 00:14:52,410 --> 00:14:55,590 care about goodwill anymore. Oh, okay. I'm 224 00:14:55,590 --> 00:14:57,360 just dead. No loyalty. 225 00:14:57,930 --> 00:15:00,150 That's you and me old school. No, that's the I'm 226 00:15:00,929 --> 00:15:02,339 here in Alabama with a sweet tea. 227 00:15:05,339 --> 00:15:06,629 I'll give you my example. 228 00:15:07,049 --> 00:15:08,669 All right, you 229 00:15:09,719 --> 00:15:13,859 built the people search endpoint, which is some kind of 230 00:15:13,889 --> 00:15:20,189 sorcery that you have baked in. And it is so incredibly 231 00:15:20,189 --> 00:15:25,979 effective and so beautiful. And you build something that people 232 00:15:25,979 --> 00:15:29,159 wanted and even I didn't even really care about it. And it 233 00:15:29,159 --> 00:15:33,569 popped up and and I said, How did I live without this? Yeah, 234 00:15:33,569 --> 00:15:37,739 truly, I was looking for the guy who wrote a Bitcoin in black 235 00:15:37,739 --> 00:15:42,539 America. Isaiah Jackson. Yeah, I don't know this guy. Right. And 236 00:15:42,539 --> 00:15:46,379 so I just typed in Isaiah Jackson, because I knew he was 237 00:15:46,379 --> 00:15:48,719 gonna be on a podcast somewhere. So I want to hear him speak. He 238 00:15:48,719 --> 00:15:52,919 wrote a book, and nothing on the regular podcast search by the 239 00:15:52,919 --> 00:15:56,279 people search. And there's like, boom, six episodes. Oh, there's 240 00:15:56,279 --> 00:15:59,459 one that he did with the, with my buddy, Gary Leland, oh, I 241 00:15:59,459 --> 00:16:04,739 delight cam click boom. And then I heard. Yeah, he mentioned his 242 00:16:04,739 --> 00:16:09,419 podcast, I had the title. And it was and it was all within an on 243 00:16:09,419 --> 00:16:10,769 a web app in the car. 244 00:16:12,780 --> 00:16:15,960 Let me let me say, oh, that ties back into the pocket cast, you 245 00:16:15,960 --> 00:16:19,440 know, losing money thing, because that that cert there, 246 00:16:19,470 --> 00:16:23,430 that server that holds that index for the people search cost 247 00:16:23,430 --> 00:16:24,210 $10. 248 00:16:25,049 --> 00:16:29,369 Yes, but you spent weeks and weeks and weeks thinking, 249 00:16:29,459 --> 00:16:34,799 conceptualizing and ultimately building it. less true. Yeah. So 250 00:16:34,829 --> 00:16:37,499 you value that in company time. And it's invaluable. 251 00:16:37,890 --> 00:16:41,460 Yeah. I mean, if if I, if I build it out at 1500 an hour? 252 00:16:41,460 --> 00:16:45,270 Yeah, that's Yeah, that's a lot of money. Yes, I got that. No, 253 00:16:45,270 --> 00:16:47,970 that's just but you know, the infrastructure and everything, 254 00:16:48,300 --> 00:16:52,980 is it, you can run this stuff without, without all that? And I 255 00:16:52,980 --> 00:16:57,450 just, I don't know that. It just to me, it's inexcusable. To look 256 00:16:57,450 --> 00:17:01,920 your investors in the face and say, we, we run a podcast app. 257 00:17:02,460 --> 00:17:07,380 And we lost $2 million? Nothing. Jesus, Oh, my God. I mean, like, 258 00:17:07,440 --> 00:17:11,640 most, most podcast app developers would be, like, our 259 00:17:11,640 --> 00:17:14,070 dream, a dream of having that kind of money. Yeah, 260 00:17:14,100 --> 00:17:17,700 but but really, you know, as you already said, Yeah, you can buy 261 00:17:17,700 --> 00:17:20,610 more machines and a couple more things. But really, you just 262 00:17:20,610 --> 00:17:24,360 want that kind of money to put in the bank or in Bitcoin or to 263 00:17:24,420 --> 00:17:27,480 you know, do a spend a little bit on hookers and blow? That's 264 00:17:27,480 --> 00:17:30,480 really it. I mean, what do you really need? And now I've been 265 00:17:30,480 --> 00:17:33,990 drinking the kool aid on Bitcoin, like the truth of it 266 00:17:33,990 --> 00:17:37,590 all, and what it what his possibilities are? And, you 267 00:17:37,590 --> 00:17:40,350 know, signal is down, or is it going up and down today? 268 00:17:41,700 --> 00:17:44,130 That that's an interesting thing, because I heard a lot of 269 00:17:44,130 --> 00:17:49,980 people talking about signal as if, as if the WhatsApp Terms of 270 00:17:49,980 --> 00:17:52,890 Service change was the reason everybody's diving into signal. 271 00:17:53,160 --> 00:17:56,580 I don't think that's true at all. I think the reason of 272 00:17:56,580 --> 00:17:59,460 everybody's going into signal is because of the deep platforming. 273 00:17:59,940 --> 00:18:04,590 Well, it's it's a viral wave, it's a viral truth wave. And a 274 00:18:04,590 --> 00:18:07,050 lot of this is happening if we have anything to thank President 275 00:18:07,050 --> 00:18:13,380 Trump for, besides the exposure of China, fake news, and, and 276 00:18:13,380 --> 00:18:17,640 the tracking and what Silicon Valley is really doing. And, you 277 00:18:17,640 --> 00:18:20,760 know, it's the scales fall slowly from people's eyes. But 278 00:18:20,760 --> 00:18:24,330 once the truth goes viral, and then it's Yeah, so part of it to 279 00:18:24,330 --> 00:18:28,560 hear about, I mean, it's, it's equally like we're, for many 280 00:18:28,560 --> 00:18:32,790 times, this is cyclical. And I haven't been on Facebook, or I'm 281 00:18:32,790 --> 00:18:37,020 not on Instagram, just Twitter, but Facebook would do the 282 00:18:37,020 --> 00:18:40,290 rounds. Oh, I'm posting this, this is a legal statement, you 283 00:18:40,290 --> 00:18:43,830 don't have the right to use my content, and under Section three 284 00:18:43,830 --> 00:18:46,890 B of the law, whatever. And it's like something that someone 285 00:18:46,890 --> 00:18:49,230 said, Yeah, you got to post this or that your content is 286 00:18:49,230 --> 00:18:52,050 protected from Facebook's Terms of Service, and millions and 287 00:18:52,050 --> 00:18:55,110 millions and millions of people will send this and shuttle it 288 00:18:55,110 --> 00:18:59,880 around. And so now the truth is out. And they were told go to 289 00:18:59,880 --> 00:19:05,490 signal. And part of it is Moxie appearing on the Joe Rogan show, 290 00:19:05,550 --> 00:19:08,430 right? Just before this all happened. Part of it is people 291 00:19:08,430 --> 00:19:12,450 just having more awareness, and they flock over to something. 292 00:19:12,750 --> 00:19:16,950 And all the claims are sort of signal may be true, it may be 293 00:19:17,400 --> 00:19:21,150 completely safe, effective, anonymous, whatever. It's still 294 00:19:21,150 --> 00:19:24,930 centralized. This is the next step people have to understand. 295 00:19:25,050 --> 00:19:28,560 And like the index, there's so much you and I want to move away 296 00:19:28,560 --> 00:19:34,560 from us or have replicated for all the right reasons. And we'll 297 00:19:34,560 --> 00:19:38,880 get there, but it's an obvious weakness, but it's not as bad as 298 00:19:38,880 --> 00:19:42,840 a corporate entity any so there's doing the rounds now 299 00:19:42,840 --> 00:19:50,100 with matrix.org matrix.org is to protocol I would categorize it 300 00:19:50,100 --> 00:19:55,320 as kind of a mastodon for chat. And we've seen all kinds of 301 00:19:55,320 --> 00:20:00,000 different versions of this and they may even have something on 302 00:20:00,000 --> 00:20:03,360 Their own chain, but they still have some centralized API stuff. 303 00:20:03,360 --> 00:20:06,330 And ultimately, there's a company involved. When there's a 304 00:20:06,330 --> 00:20:11,940 company involved, it's with the best intentions, stuff can just, 305 00:20:12,120 --> 00:20:16,710 you know, go awry, certainly if there's payroll, etc. Yeah, that 306 00:20:16,710 --> 00:20:20,280 has to be paid from something. And so I'm always wary of that. 307 00:20:20,610 --> 00:20:24,600 And then, you know, I've seen the alternative possibilities. 308 00:20:25,440 --> 00:20:28,980 And we're gonna get to that. And I think podcasts that can 309 00:20:29,790 --> 00:20:32,850 interesting enough help people get to understanding that I 310 00:20:32,850 --> 00:20:35,400 mean, we've all heard web 3.0 it's all going to be on the 311 00:20:35,400 --> 00:20:38,220 blockchain. Yes. You heard that a million times. 312 00:20:38,550 --> 00:20:42,720 Yeah. And that well, on this date on the signal thing, I had 313 00:20:42,720 --> 00:20:48,300 five people that, you know, like five friends of mine that popped 314 00:20:48,300 --> 00:20:52,140 up on signal in the last week. And these guys were not these 315 00:20:52,140 --> 00:20:55,470 are not listening to Joe Rogan. They were never on WhatsApp. 316 00:20:55,830 --> 00:20:59,250 They weren't they they I know exactly why they popped up on 317 00:20:59,250 --> 00:21:03,060 there is because they saw the wave of D platforming with the 318 00:21:03,060 --> 00:21:05,280 parlor stuff. You know, we didn't we had Martin on the 319 00:21:05,280 --> 00:21:07,290 show. Last week, we didn't even talk really about any of the D 320 00:21:07,290 --> 00:21:10,650 platforming stuff. Right. Like, we know all the all the D 321 00:21:10,650 --> 00:21:13,500 platforming that happened. All this, you know, there was just 322 00:21:13,500 --> 00:21:16,380 this sort of shutter. Yeah, that went through everybody where 323 00:21:16,380 --> 00:21:21,510 they're like, Oh, crap, you know, app, apple, took this app 324 00:21:21,510 --> 00:21:25,500 off the App Store, and they're in here's a spot and Amazon de 325 00:21:25,500 --> 00:21:30,510 Lis, you know, kicked them off a TBS, and then Spotify removed 326 00:21:31,260 --> 00:21:35,490 more, another, another show this pay Devin show, then it's like, 327 00:21:35,730 --> 00:21:38,280 it's like, boom, boom, boom, boom, boom, all these series of 328 00:21:38,280 --> 00:21:41,400 things happened at once. And everybody is just like this, 329 00:21:41,580 --> 00:21:44,220 this shiver that went through, and then all of a sudden, 330 00:21:44,220 --> 00:21:48,510 everybody's looking for an alternative to the main, the 331 00:21:48,510 --> 00:21:49,440 main players, 332 00:21:49,500 --> 00:21:55,380 right? And may I may, or may I theorize that when you see 333 00:21:55,380 --> 00:22:00,540 corporations do this, apple, Spotify, but also, there's been 334 00:22:00,540 --> 00:22:04,470 a lot of certainly, after January six, many big 335 00:22:04,470 --> 00:22:08,100 corporations have been virtue signaling, then what they are 336 00:22:08,100 --> 00:22:11,490 going to do, and the people are dropping clients and lawyers are 337 00:22:11,490 --> 00:22:16,800 leaving. And this is all part of the canceled culture pressure 338 00:22:17,130 --> 00:22:20,790 system in which the mainstream media is complicit. But they're 339 00:22:20,790 --> 00:22:25,080 also trapped in it, because it's all the same organizations. 340 00:22:25,110 --> 00:22:28,740 It's, you know, why do people get d platformed? for saying 341 00:22:29,070 --> 00:22:33,660 hydroxychloroquine, which, you know, just as a as an example, 342 00:22:33,870 --> 00:22:36,840 you know, Anthony Fauci himself wrote a paper about how well it 343 00:22:36,840 --> 00:22:40,110 works against it. What why were videos taken down, why are you 344 00:22:40,110 --> 00:22:43,140 not allowed to link to anything? But because the pharmaceutical 345 00:22:43,140 --> 00:22:46,980 companies are the biggest advertisers, the evil is not 346 00:22:46,980 --> 00:22:51,810 even in the people executing it, they have no choice. No choice. 347 00:22:52,170 --> 00:22:54,330 That's interesting, because I've got at least two things done. So 348 00:22:54,330 --> 00:22:58,980 I've got the largest advertisers outside of the political cycle, 349 00:22:59,640 --> 00:23:01,320 which kind of doubles everything. You know, there's 350 00:23:01,320 --> 00:23:06,720 another couple billion that flows in is pharmaceutical and 351 00:23:06,720 --> 00:23:11,160 telecoms, Verizon, at&t, T Mobile, that's really your top 352 00:23:11,160 --> 00:23:14,520 right there. And then you get into financial services, 353 00:23:14,520 --> 00:23:21,300 insurance credit, mortgages. But the number one and we're unique 354 00:23:21,300 --> 00:23:24,000 in the United States is is pharmaceuticals, 355 00:23:24,780 --> 00:23:27,780 that in this, I think it's important to know that or to 356 00:23:27,780 --> 00:23:31,080 remember that this is not new, like that one of my favorite, 357 00:23:31,350 --> 00:23:33,930 one of my favorite things to do anytime there's a big sort of 358 00:23:33,930 --> 00:23:41,520 event like this, is to go and do a Google search for you do site 359 00:23:41,520 --> 00:23:47,490 colon, ny times.com. And then you get before colon a certain 360 00:23:47,490 --> 00:23:51,120 year, and then you do have your search term. So you're gonna get 361 00:23:51,120 --> 00:23:53,820 all the New York Times all the results from the New York Times 362 00:23:53,820 --> 00:23:58,890 website before a certain year in, like I put in freedom of 363 00:23:58,890 --> 00:24:05,490 speech, ACLU. And I got articles going way, way back in, like 364 00:24:05,490 --> 00:24:14,490 1989 is in an article about how campuses are having to deal with 365 00:24:14,490 --> 00:24:19,590 this issue of speech and how they were already in 1989. 366 00:24:19,950 --> 00:24:23,730 Trying to figure out what they were going to do about 367 00:24:24,210 --> 00:24:28,950 harassment in these kinds of things. And this says, one of 368 00:24:28,950 --> 00:24:35,460 these guys, I think, discuss from the ACA Oh, yeah. for 369 00:24:35,460 --> 00:24:38,910 colleges that for the college's not to deal with the racial 370 00:24:38,910 --> 00:24:41,850 prejudice on campus, is an abdication of their 371 00:24:41,850 --> 00:24:45,210 responsibility in a free society. Set Hourglass OR 372 00:24:45,210 --> 00:24:48,180 executive of the American Civil Liberties Union. They've got to 373 00:24:48,180 --> 00:24:51,270 address those things, but not this way. Both because it 374 00:24:51,270 --> 00:24:53,730 doesn't work and because it's incompatible with freedom of 375 00:24:53,730 --> 00:24:57,240 speech and religion. When you pass a rule which represses 376 00:24:57,240 --> 00:25:00,000 speech you are avoiding dealing with the underlying problem. 377 00:25:00,000 --> 00:25:02,610 Boom, you're passing a rule whose sweep is going to be 378 00:25:02,610 --> 00:25:06,720 broader than the things you're trying to contain. In the rule, 379 00:25:06,720 --> 00:25:11,610 there was just was expulsion and that kind of thing for people 380 00:25:11,610 --> 00:25:14,460 who, who are found to have done racial slurs. And 381 00:25:15,540 --> 00:25:16,290 that was when 382 00:25:16,649 --> 00:25:23,879 1989 April 25. Well, this is not new. The difference though. It's 383 00:25:23,879 --> 00:25:28,679 not new. But what the reason is that what's different now is 384 00:25:28,679 --> 00:25:33,299 that we is this, millions of people have a voice in the 385 00:25:33,299 --> 00:25:35,549 public square that they've never met. They never had. 386 00:25:35,970 --> 00:25:42,960 Well, slight counter to that. Okay, after the Civil War cities 387 00:25:43,350 --> 00:25:46,740 had some of them had 1000 newschool that had 1000 388 00:25:46,740 --> 00:25:50,760 newspapers, even before and during the Civil War. It was in 389 00:25:50,760 --> 00:25:54,390 somewhere, just a pamphlet, you know, not all were for profit, 390 00:25:54,390 --> 00:25:57,270 but people were publishing it was a revolution and people were 391 00:25:57,720 --> 00:26:02,430 publishing little newspapers. After the Civil War, takeover, 392 00:26:02,430 --> 00:26:07,920 they went from 1000s per city, to maybe 10. Because those 10 393 00:26:07,950 --> 00:26:12,090 that had, you know, bigger readership. They said, Well, 394 00:26:12,120 --> 00:26:15,840 those guys a bunch of slaveholders. Yeah, it's the 395 00:26:15,840 --> 00:26:19,170 same thing. The technology's changed and made it so everybody 396 00:26:19,170 --> 00:26:23,160 is is one of the publishers because you are publishing your 397 00:26:23,160 --> 00:26:29,130 opinion and sometimes fact and research and journalism. But you 398 00:26:29,130 --> 00:26:33,570 know, just call someone racist. It's good. That's, that's, 399 00:26:33,570 --> 00:26:35,550 that's our Achilles heel with America. 400 00:26:35,910 --> 00:26:40,260 Well, that's, you know, I get a kick out of looking at when I 401 00:26:40,260 --> 00:26:43,170 looked into the Pete Evans thing being being duelist. I don't 402 00:26:43,170 --> 00:26:46,230 know anything about Pete Evans. I mean, they, they said they 403 00:26:46,230 --> 00:26:51,780 delisted in all Spotify because of saying false information 404 00:26:51,780 --> 00:26:56,280 about COVID or something like that. And so, you know, look, I 405 00:26:56,280 --> 00:27:00,480 just fire up Spotify. And I looked up, news typed in Pete 406 00:27:00,480 --> 00:27:04,320 Evans course he's gone. And then I type in New York Times 407 00:27:04,320 --> 00:27:08,310 caliphate. And it's still on there. Even though that even 408 00:27:08,310 --> 00:27:12,450 though that entire series has been completely debunked every 409 00:27:12,510 --> 00:27:16,890 it was all a lie. Every bit of it was a lie. I think I sent you 410 00:27:17,010 --> 00:27:21,120 did you get my clips? I did. I did. Okay. You know, we talked 411 00:27:21,120 --> 00:27:23,640 about this, we, we talked about this when it first happened a 412 00:27:23,640 --> 00:27:25,860 few months ago. And there's Gosh, this was back in 413 00:27:25,860 --> 00:27:28,560 September, I think, or something like that. So the New York Times 414 00:27:28,560 --> 00:27:33,750 Caliphate, which was part of the daily podcast, it was, I think, 415 00:27:33,750 --> 00:27:37,230 like a special report that lasted, like a couple months 416 00:27:37,980 --> 00:27:42,000 that they interviewed this guy who's from Canada, he said that 417 00:27:42,000 --> 00:27:45,150 he went over and participated in a terrorism with like ISIS or 418 00:27:45,150 --> 00:27:49,470 somebody, right. And if you want to play the clip in there about 419 00:27:49,470 --> 00:27:52,590 the caliphate, that'll just give everybody out sort of glimpse of 420 00:27:52,590 --> 00:27:53,400 what that was. 421 00:27:54,690 --> 00:28:01,530 The blood was just, it was warm, and it sprayed everywhere. And 422 00:28:01,650 --> 00:28:06,720 the guy cried, was crying and screaming. He did not die after 423 00:28:06,720 --> 00:28:17,430 the first time. The second time, he punched over those. It's 424 00:28:17,430 --> 00:28:23,670 hard. I had to stab him multiple times. And then can we put them 425 00:28:23,670 --> 00:28:30,780 up on a cross and I had to leave the dagger in his heart. And 426 00:28:30,780 --> 00:28:37,140 then there was a sign that said it had a code on it. And, like 427 00:28:37,140 --> 00:28:41,370 166 drugs and alcohol offense 428 00:28:48,660 --> 00:28:54,810 just at the time, it just felt disgusting but numb at the same 429 00:28:54,810 --> 00:29:00,120 time. Like gloomy ish. I just instantly thought I'm a psycho 430 00:29:00,120 --> 00:29:08,640 killer now. And he thought the hell did I just do that night I 431 00:29:08,640 --> 00:29:11,580 just I couldn't sleep at all. I stayed up all night. I got 432 00:29:11,580 --> 00:29:19,950 really sick again. I kept thinking of the guy. I love I 433 00:29:19,950 --> 00:29:22,560 can always I can still feel having my hand on his shoulder. 434 00:29:27,000 --> 00:29:30,780 holding him I was pushing him into the knife too. I could 435 00:29:30,780 --> 00:29:35,610 still feel that I get you know, stabbing someone in the heart 436 00:29:35,610 --> 00:29:39,900 like that. I just kept replaying the hand action in my hand going 437 00:29:39,900 --> 00:29:44,940 there. I just kept thinking different things as a rush of 438 00:29:44,940 --> 00:29:48,450 thoughts in my head. I stabbed in the blood was just 439 00:29:48,480 --> 00:29:51,270 everywhere. What the hell did I just do? I'm a psycho killer 440 00:29:51,270 --> 00:29:54,720 now. I didn't give him a chance to repent stabbed him. If I die 441 00:29:54,780 --> 00:29:57,510 after doing something like this. I will if he's gone on on what 442 00:29:57,510 --> 00:29:59,850 the hell did I just do then I started thinking of my family. 443 00:29:59,850 --> 00:30:03,300 What If they were here to be my Dad, you're basically killing 444 00:30:03,300 --> 00:30:07,020 your own parents in a way. Maybe that Jihad that I'm doing right 445 00:30:07,020 --> 00:30:14,460 now is the wrong type of jihad. Maybe? No, this isn't this isn't 446 00:30:14,520 --> 00:30:15,570 the right light for me. 447 00:30:19,980 --> 00:30:22,110 So this, like, yeah. 448 00:30:23,460 --> 00:30:27,780 Yeah, I'm glad. I'm glad you brought this one. This is good 449 00:30:27,780 --> 00:30:28,260 to hear. 450 00:30:28,590 --> 00:30:32,100 what's what's worse, somebody's saying that they think COVID is 451 00:30:32,100 --> 00:30:38,820 bullshit or that. I mean, that's like, fully produced the 452 00:30:38,820 --> 00:30:42,030 intensity of it, the guys, I mean, the emotions of that may 453 00:30:42,030 --> 00:30:48,690 just sucked you in to this guy's story and into this whole false 454 00:30:48,690 --> 00:30:52,860 narrative. And it's completely made up. Well, can you? 455 00:30:53,010 --> 00:30:56,070 Well, let me give this, then we get this a stab. But it's still 456 00:30:56,070 --> 00:31:04,740 on Spotify. Yeah. Okay, so the New York Times who, in my 457 00:31:04,740 --> 00:31:11,250 opinion, print the mainstream medical narrative, as determined 458 00:31:11,250 --> 00:31:14,970 by the pharmaceutical industry, who have put us in the 459 00:31:14,970 --> 00:31:20,550 biosecurity state, that is their job. And they cannot be 460 00:31:20,550 --> 00:31:24,300 discredited. If they are discredited as being full of 461 00:31:24,300 --> 00:31:29,070 crap and very good at fear porn and death porn and gore porn, 462 00:31:30,120 --> 00:31:35,520 then that, that will, they will be no longer credible, because 463 00:31:35,520 --> 00:31:38,970 it's the new york times in the Washington Post, that everything 464 00:31:38,970 --> 00:31:42,840 is funneled through every story. I mean, you have to believe as I 465 00:31:42,840 --> 00:31:47,490 do, that, pretty much everything you read needs to be questioned. 466 00:31:47,520 --> 00:31:53,040 And certainly when it comes to this to COVID. So they cannot be 467 00:31:53,040 --> 00:31:56,370 discredited. And it's it's a huge, you know, so they take 468 00:31:56,370 --> 00:31:59,790 away the the award and a couple other things, but from what I'm 469 00:31:59,790 --> 00:32:02,940 reading, there was some actual coercion to tell people to shut 470 00:32:02,940 --> 00:32:05,460 up about it inside the the daily group. 471 00:32:07,260 --> 00:32:10,290 Like some public radio stations are now taking them off, yeah, 472 00:32:10,290 --> 00:32:11,400 off of their stations. 473 00:32:11,430 --> 00:32:17,250 So this is, in my mind, a great thing. Forget justice. There's 474 00:32:17,250 --> 00:32:20,310 no justice and who's d platformed. or not, I'm not 475 00:32:20,310 --> 00:32:23,700 interested anymore. Personally, this is a bug in the system, 476 00:32:24,030 --> 00:32:30,330 just like the internet was obviously architected to be an 477 00:32:30,330 --> 00:32:35,190 autonomous thing that could survive a large scale physical 478 00:32:35,190 --> 00:32:39,150 destruction and would continue to function and, and in routing, 479 00:32:39,150 --> 00:32:42,240 etc, which is really what everything we're doing is based 480 00:32:42,240 --> 00:32:45,420 on can be kind of either repaired quickly, some of its 481 00:32:45,420 --> 00:32:49,800 automatic, so and that was why the the US metal military 482 00:32:49,830 --> 00:32:52,800 concepted it and probably for a lot of other reasons, we're not 483 00:32:52,800 --> 00:32:56,610 maybe now starting to understand. So just like that 484 00:32:56,610 --> 00:33:01,080 layer, the layer on top, for me personally, if I can, if you 485 00:33:01,080 --> 00:33:05,460 take ego out of it, because that's people are stuck in an 486 00:33:05,460 --> 00:33:10,080 Instagram, ego, world of likes, and etc. But if I want my voice 487 00:33:10,080 --> 00:33:13,980 to be heard, for anyone who's interested, I have alternatives 488 00:33:13,980 --> 00:33:17,190 to the social media companies, search is a little different 489 00:33:17,190 --> 00:33:23,190 searches is harder, but for the stuff that I really need. Mainly 490 00:33:23,190 --> 00:33:25,620 I can get from our own search, which has been put together 491 00:33:25,620 --> 00:33:28,830 collaboratively. So it's just a bug, you just route around it. 492 00:33:28,860 --> 00:33:34,830 All these things are bugs. And Spotify is just a bug. It really 493 00:33:34,830 --> 00:33:39,240 does a twit it, it doesn't matter. Spotify is not keeping 494 00:33:39,240 --> 00:33:42,690 Joe Rogan's secret. I mean, how many times we have to delete a 495 00:33:42,690 --> 00:33:46,470 rogue feed in the feed in the index, or how many other video 496 00:33:46,470 --> 00:33:51,000 proxies and websites. It's a bug. It's just if people want 497 00:33:51,000 --> 00:33:53,700 it, they're going to get it. So it's much easier to work 498 00:33:53,700 --> 00:33:57,930 directly with what people want. Give that to them, and try and 499 00:33:57,930 --> 00:34:02,340 base it on things that that give everybody a stake in it and 500 00:34:02,340 --> 00:34:06,570 everybody some responsibility and you know, I'm going to sound 501 00:34:06,570 --> 00:34:09,300 like a broken record for now for the rest of my life. But I 502 00:34:09,300 --> 00:34:13,530 really think that particularly with lightning, the idea that 503 00:34:13,530 --> 00:34:18,240 you can decentralize all forms of communication, money just 504 00:34:18,240 --> 00:34:22,680 being one of them. But that it comes with a network transfer 505 00:34:22,680 --> 00:34:28,110 associated costs is very appealing. 506 00:34:29,490 --> 00:34:33,030 Well, they're good, they're, they're going at day. The 507 00:34:33,030 --> 00:34:38,520 magical day. Again, there they are go whoever they use is going 508 00:34:38,550 --> 00:34:42,240 they're going after Bitcoin. It may be starting now. Because 509 00:34:42,240 --> 00:34:46,950 yes, sir. Yes, sir. That was it. The Yahoo came out with a story 510 00:34:49,440 --> 00:34:52,290 largely large Bitcoin payments to right wing activists one 511 00:34:52,290 --> 00:34:53,670 month before capital right 512 00:34:53,700 --> 00:35:01,950 now of course, of course. So That what it may I mean, they've 513 00:35:01,950 --> 00:35:05,520 been saying that about crypto and Bitcoin for 10 years, and 514 00:35:05,520 --> 00:35:09,480 it's still here. So, right, who knows? Who knows? Possibly? 515 00:35:09,510 --> 00:35:13,380 Okay, we'll see. But what I what blows me away? 516 00:35:13,830 --> 00:35:17,640 I guess I would say is I don't think the Bitcoin guys maybe are 517 00:35:17,640 --> 00:35:21,420 prepared for the hate that they're gonna get. 518 00:35:22,740 --> 00:35:24,900 I have the I think they are? 519 00:35:25,380 --> 00:35:26,100 And he did, 520 00:35:26,160 --> 00:35:30,360 yes. So what I see is, let's just call it the people that 521 00:35:30,390 --> 00:35:35,610 I've interacted with on our project are 25 to 30 years old, 522 00:35:36,330 --> 00:35:41,190 predominantly men. I don't know why. But it seems it seems to be 523 00:35:41,220 --> 00:35:45,000 male oriented. And they have their Bitcoin and they have 524 00:35:45,000 --> 00:35:50,640 their lightning. And they are disillusioned by what they've 525 00:35:50,640 --> 00:35:57,030 grown up in so far, you know, being a second grader at 911, 526 00:35:57,030 --> 00:36:01,020 and everything that's happened since then. And they believe 527 00:36:01,020 --> 00:36:04,710 that through success of adoption, they will win. On the 528 00:36:04,710 --> 00:36:09,780 other side, you have the central bankers, governments, all all 529 00:36:09,780 --> 00:36:14,010 corporations and an army to backup back in an army, 530 00:36:14,220 --> 00:36:16,590 right? which cannot be discounted, but 531 00:36:16,710 --> 00:36:21,990 no, no, you cannot discount the guns part. But this is the 532 00:36:21,990 --> 00:36:27,960 moment. And then and this goes for. Let me just, I'm trying to 533 00:36:27,960 --> 00:36:30,780 get this all out. It's fresh in my mind, but to me, a lot of 534 00:36:30,780 --> 00:36:34,260 things will fall into place. So this little spat going back and 535 00:36:34,260 --> 00:36:37,230 forth about what Rob Greenlee did or didn't say about 536 00:36:37,230 --> 00:36:40,290 supporting podcasting index in the namespace. You know, 537 00:36:40,290 --> 00:36:42,750 actually hold on a second, we should do this properly this 538 00:36:44,460 --> 00:36:48,000 time for some hot space. Yeah, 539 00:36:48,000 --> 00:36:51,210 we got mud wrestling in the namespace hot corner today, 540 00:36:51,660 --> 00:36:52,200 gentlemen, 541 00:36:52,410 --> 00:36:53,370 get my cigarettes. 542 00:36:55,500 --> 00:37:00,960 So it's, it is to me, it is completely irrelevant. who 543 00:37:00,960 --> 00:37:05,100 supports the tags, who doesn't support the tags, there is a 544 00:37:05,100 --> 00:37:11,790 movement underway that is bigger than those discussions. And, and 545 00:37:11,790 --> 00:37:16,800 the adoption is coming very, very fast. And you're seeing it 546 00:37:16,800 --> 00:37:20,970 pop up on the mastodon, you're seeing ipfs. Coming back, again, 547 00:37:20,970 --> 00:37:24,000 you're seeing how gateways can be utilized. You're looking at 548 00:37:24,090 --> 00:37:26,820 people who are very serious and have some experience in 549 00:37:26,820 --> 00:37:31,920 distributed systems. My my personal mission is to introduce 550 00:37:31,950 --> 00:37:37,020 lightning network into that. Because I believe that idea can 551 00:37:37,020 --> 00:37:43,170 solve so many things. And it is just a way to route and I'm not 552 00:37:43,170 --> 00:37:46,500 looking at it as money. Really, it's a utility, when you look at 553 00:37:46,500 --> 00:37:49,680 the micro payments that we're talking about small, you know, a 554 00:37:49,680 --> 00:37:54,000 10th of a penny. But that will guarantee that you can get 555 00:37:54,000 --> 00:37:56,880 something from A to B, and there's a record of it, and 556 00:37:56,880 --> 00:38:00,750 everybody can see it. And thus you're also recording history, 557 00:38:00,990 --> 00:38:04,350 which is a whole nother thing philosophically, we can talk 558 00:38:04,350 --> 00:38:10,290 about this is very, very powerful. There's a log of 559 00:38:10,290 --> 00:38:15,870 transactions out there that can contain contain a payload. And 560 00:38:15,930 --> 00:38:21,600 the concept of a blockchain is, the more payload you utilize, 561 00:38:21,600 --> 00:38:28,260 the more you pay. It's literally about size. So it's a very fair 562 00:38:28,260 --> 00:38:33,240 system. And it will work for and it works today. I mean, in every 563 00:38:34,890 --> 00:38:39,750 lightning node wallet manager, do Hickey there's a chat 564 00:38:39,750 --> 00:38:40,410 function. 565 00:38:41,129 --> 00:38:42,599 Yeah. Yeah. 566 00:38:42,810 --> 00:38:47,190 You can chat with someone else who has a node. It's universal. 567 00:38:47,550 --> 00:38:52,920 It's a it's, it's mind blowing. And it's synced and it's timed. 568 00:38:52,920 --> 00:38:56,010 And you know, when it occurred and you know, which IDs 569 00:38:56,010 --> 00:38:59,880 participated in it, you can build huge applications on top 570 00:38:59,880 --> 00:39:00,300 of that. 571 00:39:01,230 --> 00:39:05,040 And it's bet and it's backed by by Bitcoin which is currently 572 00:39:06,330 --> 00:39:10,410 undergirded by Oh my god, how much processing power is there 573 00:39:10,410 --> 00:39:16,110 now? It's it's, it's ungodly. How many? Like, just that place? 574 00:39:16,110 --> 00:39:18,840 You went to an Austin? Yeah, I guess is near you. 575 00:39:20,250 --> 00:39:23,190 60,000 bitmain machines running in a shed? Yeah, 576 00:39:23,220 --> 00:39:27,450 that's just like 1% of the network probably. Yeah. It's 577 00:39:29,460 --> 00:39:34,800 like it's not everything can be taken down. Anything can be 578 00:39:34,800 --> 00:39:38,070 taken down. You know, we if you're, if you don't believe 579 00:39:38,280 --> 00:39:42,510 that, I mean, because let's just say they wanted to take the 580 00:39:42,510 --> 00:39:45,330 Bitcoin network down, it could take they could do it. They 581 00:39:45,330 --> 00:39:50,040 could do it all they just go just cross the cross border at 582 00:39:50,040 --> 00:39:54,180 the at the edge at the edge of country borders of internet 583 00:39:54,180 --> 00:39:58,410 service backbones. They just put in an application layer, let you 584 00:39:58,410 --> 00:40:02,880 know, layer three or four. layer three or four? Can they just 585 00:40:03,450 --> 00:40:10,230 block it? And it can be done and but the if you want to get 586 00:40:10,590 --> 00:40:13,320 everything can be blocked, ultimately there has to be some 587 00:40:13,320 --> 00:40:16,170 realization of that. But then you also have to think well, 588 00:40:16,560 --> 00:40:21,210 that requires globe that requires a global coordinated 589 00:40:21,210 --> 00:40:26,490 effort. And the last, the only couple of times in the past that 590 00:40:26,490 --> 00:40:29,340 there has been a global coordinated a truly global 591 00:40:29,340 --> 00:40:35,340 coordinated effort. where two world wars, right, if it comes 592 00:40:35,340 --> 00:40:38,940 to that point, we probably have bigger issues. Or maybe, you 593 00:40:38,940 --> 00:40:41,340 know, maybe that's at the root of bigger consequences. 594 00:40:41,970 --> 00:40:47,160 Okay, so in my mind, the beauty of, and I like Bitcoin as the, 595 00:40:47,220 --> 00:40:51,270 it's just, I just want to focus only on Bitcoin, I think there's 596 00:40:51,270 --> 00:40:53,940 no company associated with it, that's good enough for me. 597 00:40:54,510 --> 00:40:59,670 That's, that gives it more chance than most. So, you know, 598 00:40:59,670 --> 00:41:03,300 no more coins can be created. And it's a simple inefficient 599 00:41:03,300 --> 00:41:08,250 system for what we want to do. But the second layer, which is 600 00:41:08,670 --> 00:41:12,780 of which lightning network is an example seems to seems to be 601 00:41:12,990 --> 00:41:20,430 very, very functional. The beauty of so so I just can't 602 00:41:20,610 --> 00:41:25,110 work for within my life with anything by saying they might 603 00:41:25,110 --> 00:41:28,620 take it down, or it's useless. So I find that may be. So it's 604 00:41:28,620 --> 00:41:32,640 not how I work, I just go ahead. But I may be totally wrong. And 605 00:41:33,060 --> 00:41:37,140 that's why namespace arguments about who supports tags, hey, we 606 00:41:37,140 --> 00:41:41,070 may be totally wrong. See you later, he catch up. And we hope 607 00:41:41,070 --> 00:41:43,680 that we really, really hope to have everybody on board. But 608 00:41:43,680 --> 00:41:46,260 that only means that we can drive it and we don't drive it 609 00:41:46,470 --> 00:41:50,730 app developers drive it with the people who use their apps. That 610 00:41:50,730 --> 00:41:55,260 is that is the bottom line. That is it. Yes, of course, the 611 00:41:55,260 --> 00:42:00,450 content is important. But as you see, you can't get back to what 612 00:42:00,450 --> 00:42:04,500 Citigroup says. It looks like just buying content isn't the 613 00:42:04,500 --> 00:42:07,530 only way you have to go if you want to capture this market. 614 00:42:08,070 --> 00:42:10,380 He Oh, that was one of the things you said at the very 615 00:42:10,380 --> 00:42:14,850 beginning, when we first started this thing is you. You convinced 616 00:42:14,850 --> 00:42:21,030 me that apps were that's where the podcasting lives and dies by 617 00:42:21,030 --> 00:42:22,680 the apps. That's 618 00:42:24,000 --> 00:42:29,220 That's today's consumer. And I prefer to look at people who I 619 00:42:29,280 --> 00:42:32,220 listened to me as you know, as interactive on it, but the 620 00:42:32,220 --> 00:42:36,930 mainstream in general looks at people as consumers. They don't 621 00:42:36,930 --> 00:42:39,570 see that really the difference between two apps, okay, it's a 622 00:42:39,570 --> 00:42:42,930 red app for Netflix. It's a smiley face app for amazon 623 00:42:42,930 --> 00:42:47,370 music. It's Spotify is this app, and then I who I have this app, 624 00:42:47,550 --> 00:42:51,210 it's apps, they don't really feel the the the hugeness of 625 00:42:51,210 --> 00:42:54,210 what's behind it, a very small company can make a big impact. 626 00:42:54,210 --> 00:42:56,940 They don't know anymore. They do know, it's annoying that 627 00:42:57,030 --> 00:42:59,370 everyone has different rules, and you have to do different 628 00:42:59,370 --> 00:43:02,820 things, and you have different billing cycles. My point about 629 00:43:03,570 --> 00:43:06,960 working with Bitcoin, and specifically the lightning 630 00:43:06,960 --> 00:43:12,240 network, is that our work makes it more valuable just by us 631 00:43:12,240 --> 00:43:13,020 doing it. 632 00:43:14,370 --> 00:43:15,150 Okay, yeah, 633 00:43:15,750 --> 00:43:19,950 the more people use it, even though it will be it will not be 634 00:43:19,950 --> 00:43:24,210 measurable necessarily. We might be I think we already measure 635 00:43:24,210 --> 00:43:27,960 something. Here, let me let me we'll do an maybe an update. But 636 00:43:27,960 --> 00:43:31,380 Sphinx has been looking at how to scale Sphinx chat, who is the 637 00:43:31,380 --> 00:43:35,670 first ones to implement the value block in real time 638 00:43:35,670 --> 00:43:40,800 streaming payments, in the value for value philosophy, they had 639 00:43:40,800 --> 00:43:45,240 an issue scaling, they had that issue because of podcasting. 640 00:43:45,540 --> 00:43:51,810 Because of that, now, lightning labs has decided that a few 641 00:43:51,870 --> 00:43:54,480 tweaks, I'm not sure if it's something that goes all the way 642 00:43:54,480 --> 00:43:57,300 down the line, or can be done individually, but they have re 643 00:43:57,300 --> 00:44:04,440 architected how nodes work to provide for virtual nodes. So 644 00:44:04,440 --> 00:44:08,160 very much like, you know, now I only have one node with one node 645 00:44:08,160 --> 00:44:12,420 address, but I can have 100 of my friends or maybe 1000, or I 646 00:44:12,420 --> 00:44:16,200 don't know, it could be a business with virtual nodes that 647 00:44:16,200 --> 00:44:20,820 you in effect, if you have the node, your public key and your 648 00:44:20,820 --> 00:44:24,840 seed, you can get even back what you might have otherwise lost in 649 00:44:24,840 --> 00:44:28,260 a channel all that's technical doesn't matter. podcasting has 650 00:44:28,260 --> 00:44:30,900 moved that forward. We have had that impact. 651 00:44:31,770 --> 00:44:32,400 Already. 652 00:44:32,430 --> 00:44:37,350 That's mind boggling to me. Yeah. And so not so things are 653 00:44:37,350 --> 00:44:40,920 changing, and we're doing it and ultimately that will have 654 00:44:40,920 --> 00:44:44,490 response if people use it. You know, I don't I don't know. I 655 00:44:44,490 --> 00:44:46,620 don't know what money is anymore. I'm not quite sure but 656 00:44:46,620 --> 00:44:49,950 I see value in something and it goes up and I can exchange it 657 00:44:49,950 --> 00:44:54,000 over here. I don't really get it anymore. But I can see that if 658 00:44:54,000 --> 00:44:58,740 we put the energy into it. And that's really what Bitcoin is is 659 00:44:58,740 --> 00:45:05,040 storing energy. If we put energy into it, I think it will move 660 00:45:05,490 --> 00:45:09,210 the value of everything forward and everybody should be able to 661 00:45:09,210 --> 00:45:14,400 win. But more importantly, it's everybody. And the sooner we get 662 00:45:14,400 --> 00:45:18,900 over the, it has to be free people will never do that. Okay. 663 00:45:19,500 --> 00:45:20,430 We'll keep pushing. 664 00:45:21,989 --> 00:45:23,789 By the way, I'm glad you mentioned lightning lightning 665 00:45:23,789 --> 00:45:27,539 labs. Because if you want to see diversity, look at their boat. 666 00:45:27,539 --> 00:45:30,899 Look at their Oh, yeah. Executive Leadership. Yeah, I 667 00:45:30,899 --> 00:45:34,469 mean, that that is a it looks like this sinner. It's like the 668 00:45:34,469 --> 00:45:36,779 centerfold of a Richard scarry book. 669 00:45:36,810 --> 00:45:38,640 I mean, it's like Benetton commercial. 670 00:45:38,760 --> 00:45:42,600 Yeah, it is. I mean, it's got every you know, nationality and 671 00:45:42,600 --> 00:45:44,820 gender and everything you could want on the boy, I mean, like 672 00:45:44,820 --> 00:45:49,830 take technology does not. I guess the reason I was impressed 673 00:45:49,830 --> 00:45:55,920 by that is because when you combine freedom, like True, true 674 00:45:55,920 --> 00:46:01,200 freedom, with money, diversity follows that. Yes, it follows 675 00:46:01,200 --> 00:46:06,510 freedom. It does not follow contraction and control. 676 00:46:06,690 --> 00:46:07,650 Now you're so right. 677 00:46:08,130 --> 00:46:10,530 And you throw some money in there. And that, then you're 678 00:46:10,530 --> 00:46:13,290 talking, you know, some serious diversity because everybody 679 00:46:13,290 --> 00:46:14,010 likes money. 680 00:46:14,759 --> 00:46:17,249 And that's a it's kind of interesting, the universal 681 00:46:17,339 --> 00:46:19,949 again, I've just been interacting with so many, so 682 00:46:19,949 --> 00:46:24,209 many people in the who are small group, really, when it comes to 683 00:46:24,209 --> 00:46:30,059 the lightning network. It's also inherently a political, the only 684 00:46:30,059 --> 00:46:32,999 politics is freedom. The only politics is freedom. And that's 685 00:46:32,999 --> 00:46:36,119 not America first. magga. It's none of that. It's just freedom. 686 00:46:36,119 --> 00:46:43,619 It's just freedom. Just, I want freedom. Freedom. Where's our 687 00:46:43,619 --> 00:46:45,809 future? President? Hold on? Where is she? Where's our 688 00:46:45,809 --> 00:46:47,819 future? Present? He or she is? 689 00:46:51,480 --> 00:46:56,160 You? By the way? you texted me? I don't know why this. He texted 690 00:46:56,160 --> 00:46:58,770 me and said, Is it just me and you on the pod today? 691 00:46:58,800 --> 00:47:03,960 Yeah. Oh, excuse me. all uppercase, I could have done it 692 00:47:03,960 --> 00:47:08,400 in quotes. Can't beat them, join them. 693 00:47:09,150 --> 00:47:12,960 That is a that is a yellow card right there. That's not 694 00:47:12,960 --> 00:47:19,950 acceptable. So I did notice, though, that GitHub, I think, 695 00:47:20,010 --> 00:47:25,020 maybe brandable ended posted it to GitHub now says you can run a 696 00:47:25,020 --> 00:47:28,020 few commands and change the name of your branch from master 697 00:47:28,020 --> 00:47:29,400 branch to main. 698 00:47:29,489 --> 00:47:32,309 Oh, yeah, of course. Yeah, some of that shifts creeping in 699 00:47:32,309 --> 00:47:32,579 there. 700 00:47:32,819 --> 00:47:36,479 Well, that the only reason I'm bringing that up is not I don't 701 00:47:36,479 --> 00:47:38,519 really care, I think it's fine. If they want to do that I can do 702 00:47:38,519 --> 00:47:41,249 whatever they want. And, and I really don't have a problem with 703 00:47:41,249 --> 00:47:49,739 it. But it struck me really on a on a different note, is that 704 00:47:52,139 --> 00:47:56,459 that's a good example of, of language sort of losing its 705 00:47:56,459 --> 00:47:58,679 context? Because 706 00:47:59,580 --> 00:48:02,250 he has absolutely, how about masterbedroom has also been 707 00:48:02,250 --> 00:48:05,910 changed for the same reason. Oh, is it? That Yeah, the National 708 00:48:05,910 --> 00:48:09,360 Association of Realtors, they've got all these crazy rules in 709 00:48:09,360 --> 00:48:09,960 place. 710 00:48:10,379 --> 00:48:14,489 Well, you know, Matt, Master, if, like if he like 711 00:48:14,489 --> 00:48:18,569 traditionally in a massive like, in a SQL Server context, you may 712 00:48:18,569 --> 00:48:22,469 have them or us, or hard drives or anything like this in 713 00:48:22,469 --> 00:48:24,179 technology, you have a master and a slave 714 00:48:24,750 --> 00:48:26,580 that shows the dominance position. 715 00:48:27,180 --> 00:48:30,930 Now I can see I can see changing that terminology. And I have no 716 00:48:30,930 --> 00:48:33,900 problem with that. I think it's fine, primary, secondary or 717 00:48:33,900 --> 00:48:38,610 whatever. But the note, but the term that the problem I have 718 00:48:38,610 --> 00:48:44,940 here, though, is not is that master doesn't always is not 719 00:48:44,940 --> 00:48:51,390 always ordinal master is a word that means other things. Like 720 00:48:51,420 --> 00:48:57,840 you can master a skill. Or, you know, you can, like the idea of 721 00:48:57,840 --> 00:49:03,060 a master branch isn't is not inherent. It's not inherent in a 722 00:49:03,060 --> 00:49:07,800 master branch to have a slave branch. Right? It just means in 723 00:49:07,800 --> 00:49:11,940 that context, it just means that that's the one that everybody is 724 00:49:11,940 --> 00:49:14,670 supposed is supposed to use, because it's considered to be 725 00:49:14,670 --> 00:49:21,180 the best in the option like there's no some that some of 726 00:49:21,180 --> 00:49:24,540 this stuff is like I said, I have no problem with changing 727 00:49:24,540 --> 00:49:27,540 master slave. I actually think that's probably a good idea. But 728 00:49:27,750 --> 00:49:31,710 the but the you got to be careful when you're like this 729 00:49:31,710 --> 00:49:35,040 language is so critical to understanding things if we're, 730 00:49:35,340 --> 00:49:39,300 if we're changing things because it reminds us of something 731 00:49:39,300 --> 00:49:44,490 hurtful. Then if you in this context, you're going to lose, 732 00:49:44,820 --> 00:49:49,710 like, what do you did? This is not that. I know I'm trying I'm 733 00:49:49,710 --> 00:49:55,650 being fusing here like, but master in this context is not a 734 00:49:55,650 --> 00:50:00,000 master slave relationship. Okay, it's just it just means first. 735 00:50:01,500 --> 00:50:03,030 It just means like the 736 00:50:03,570 --> 00:50:09,360 primary I understand. The point is, why does this have to 737 00:50:09,360 --> 00:50:13,710 happen? And you kind of touched on it. People who are over 738 00:50:13,710 --> 00:50:18,090 socialized get triggered by shit like this. The problem is not 739 00:50:18,090 --> 00:50:22,680 with the words, it's the problem with people who have decided or 740 00:50:22,680 --> 00:50:26,430 who have authority over the usage of these words, that it 741 00:50:26,430 --> 00:50:30,540 triggers them doesn't trigger me. And it is good or bad. I'm 742 00:50:30,540 --> 00:50:33,630 like, Oh, that's horrible slavery, or, Oh, I love having 743 00:50:33,630 --> 00:50:37,770 some slavery stuff in there. Now, neither way. So the context 744 00:50:37,770 --> 00:50:42,150 is, it's people forcing their own contextualization on others. 745 00:50:43,410 --> 00:50:46,230 And so I think that's what they fear and fear 746 00:50:46,230 --> 00:50:50,970 a fear of people being afraid to say, well, that's dumb. Oh, oh, 747 00:50:50,970 --> 00:50:54,630 you have white guilt. white privilege. Yeah, you come on 748 00:50:54,630 --> 00:50:58,140 this is I have no I have no patience for that. The only 749 00:50:58,140 --> 00:51:02,250 truth is a numbers. And therefore the only record of 750 00:51:02,250 --> 00:51:05,400 truth is the blockchain. Well, orange pill. 751 00:51:06,810 --> 00:51:07,440 Orange pill. 752 00:51:07,530 --> 00:51:10,140 Hey, we're burying the lead. Now, what's 753 00:51:10,140 --> 00:51:10,590 the lead? 754 00:51:12,090 --> 00:51:13,890 The API we're working on. 755 00:51:16,680 --> 00:51:17,670 Which is 756 00:51:18,000 --> 00:51:18,840 ln PE. 757 00:51:19,620 --> 00:51:23,340 Oh, oh, yeah. But we changed. We changed our strategy on that. 758 00:51:23,760 --> 00:51:26,280 Like, we're like, I'm not baking that in anymore. Right. We're 759 00:51:26,280 --> 00:51:30,900 doing we're doing that with we're taking a different 760 00:51:30,990 --> 00:51:31,800 different route. 761 00:51:31,830 --> 00:51:33,480 What are we doing? Well, you 762 00:51:33,480 --> 00:51:36,570 mean like, cuz we talked we talked about not Brett, you 763 00:51:36,570 --> 00:51:39,870 know, not brokering it or whatever. And yet, let him do 764 00:51:39,870 --> 00:51:41,790 it. We're trying we've been, we're still gonna 765 00:51:41,850 --> 00:51:44,070 we're still gonna hand off the splits, right? 766 00:51:44,730 --> 00:51:46,710 Yeah, yeah. Yeah. So yeah, definitely that 767 00:51:46,739 --> 00:51:50,789 but no one knows what we're talking about. My point would be 768 00:51:50,789 --> 00:51:54,269 Hello, app developers. This is what I mean by burying the lede. 769 00:51:55,169 --> 00:51:58,469 Remember all that sexy stuff we showed you with? With Sphinx 770 00:51:58,469 --> 00:52:03,539 chat with sending satoshis per minute. We're about to give you 771 00:52:03,539 --> 00:52:05,399 a way to put that in your existing app. 772 00:52:07,710 --> 00:52:13,620 Yet, yeah. Well, Elon, okay. So if nobody knows what Elon pay 773 00:52:13,620 --> 00:52:14,130 is, no one 774 00:52:14,130 --> 00:52:16,740 knows what that is. No one cares. What are we doing? Are we 775 00:52:16,740 --> 00:52:19,890 gonna enable these developers to be able to send money with every 776 00:52:19,890 --> 00:52:21,270 minute? Yeah. 777 00:52:22,860 --> 00:52:25,830 I guess and the minute I don't know about minute, okay, I don't 778 00:52:25,830 --> 00:52:28,860 know if we can handle that. But we can we own an interval? Yeah, 779 00:52:28,860 --> 00:52:37,200 sure. Like, so. Ellen pay is the is this API that a guy named Tim 780 00:52:37,500 --> 00:52:43,080 manages, or he wrote it. And it allows you to create just spin 781 00:52:43,080 --> 00:52:48,900 up wallets, lightning wallets, and he's got key send outbound. 782 00:52:50,100 --> 00:52:57,000 And it's super simple API. So the way it works is you just you 783 00:52:57,000 --> 00:53:00,540 get keys from him, and you can spin up and these are custodial 784 00:53:00,540 --> 00:53:05,550 wallets. So each got to know that you would spin up a wallet, 785 00:53:05,550 --> 00:53:09,570 it's basically one command to the API, it's I think it's just 786 00:53:09,570 --> 00:53:14,340 wallet slash wallet API, v one slash wallet, I think you just 787 00:53:14,340 --> 00:53:19,560 create a wallet with a with a rest call. And then it hands you 788 00:53:19,560 --> 00:53:26,250 back, the wallet ID and three access keys is there's the three 789 00:53:26,250 --> 00:53:28,080 access keys or three different permission levels 790 00:53:28,110 --> 00:53:31,350 could actually connect, you can ask your question. Yes, sir. Can 791 00:53:32,220 --> 00:53:40,830 Can you? For me really, can you describe how the system works, 792 00:53:40,830 --> 00:53:43,830 but not from the technical level? Just the flow. So we 793 00:53:43,830 --> 00:53:46,290 understand that first and then and then we understand how it 794 00:53:46,290 --> 00:53:50,490 works? Because This to me is extremely exciting. But I want I 795 00:53:50,490 --> 00:53:53,280 want it I want people to understand who have no idea what 796 00:53:53,280 --> 00:53:53,940 you just said. 797 00:53:55,230 --> 00:54:02,430 Okay, so I'm talking about like, the flow from the loading us and 798 00:54:02,430 --> 00:54:03,060 all that jazz. 799 00:54:03,090 --> 00:54:05,610 Yeah, but also just so the user has an app. 800 00:54:06,090 --> 00:54:09,690 Oh, okay. Okay. See that? That is me just being full nerd. Not 801 00:54:09,690 --> 00:54:09,930 not. 802 00:54:10,830 --> 00:54:14,640 No, I love you. I love you. I mean, you're dreaming up this to 803 00:54:14,640 --> 00:54:17,760 man, this is not my dream. This is you and me banging this shit 804 00:54:17,760 --> 00:54:19,050 out for hours on end. 805 00:54:19,500 --> 00:54:23,970 Okay, so here's the flow. Imagine you're 806 00:54:26,040 --> 00:54:28,950 in a world where you want to send money to your favorite 807 00:54:28,950 --> 00:54:30,000 podcaster. 808 00:54:30,900 --> 00:54:36,870 So you're in an app. And you you pull it up on your phone is the 809 00:54:36,870 --> 00:54:41,430 first time you've used it. Where's your existing app? Okay, 810 00:54:41,430 --> 00:54:42,210 yes, usually, 811 00:54:42,270 --> 00:54:45,780 it's your own. No new app you can use, you can keep your 812 00:54:45,780 --> 00:54:46,560 doctor, 813 00:54:47,010 --> 00:54:51,240 you keep your doctor. Okay, so you can keep your app and your 814 00:54:51,240 --> 00:54:52,110 app developer 815 00:54:52,739 --> 00:54:54,899 and your app developer. That's it. 816 00:54:55,170 --> 00:55:00,780 You can keep your your app developer releases in version of 817 00:55:02,160 --> 00:55:11,520 pod, pal. Next to us is pod ESL. pod buddy. Okay, pod buddy. 818 00:55:11,550 --> 00:55:16,050 Yeah. Okay, so you so pod buddy is a new version that's released 819 00:55:16,050 --> 00:55:23,250 and it now supports podcasting 2.0 payments. And the first 820 00:55:23,250 --> 00:55:26,820 thing that happens is it pops up says, Hey, you can now pay your 821 00:55:26,910 --> 00:55:29,100 favorite podcaster. Do you want to do that? And you say, yeah, 822 00:55:29,100 --> 00:55:33,570 hell yeah, I want to do that. You hit, you hit go. And it 823 00:55:33,570 --> 00:55:40,110 says, alright, I just spun you up a wallet, a podcast wallet, a 824 00:55:40,110 --> 00:55:44,220 podcast wallet. And then you say, Okay, great. And then it 825 00:55:44,220 --> 00:55:52,830 gives you a QR code, which the QR code is is an invoice for 826 00:55:53,250 --> 00:55:58,200 where to send your where to send some Bitcoin in order to deposit 827 00:55:58,200 --> 00:56:02,370 money into your podcast wallet. So you flip over to something 828 00:56:02,370 --> 00:56:08,040 like strike, or another or breeze or another podcast while 829 00:56:08,070 --> 00:56:12,870 another lightning wallet, that you've got funds in. And you 830 00:56:12,870 --> 00:56:17,580 paste that qR in there, and it fires off. Let's just say you 831 00:56:17,580 --> 00:56:23,460 chose $20, it fires off $20 to your podcast. Your podcast app 832 00:56:23,790 --> 00:56:29,040 now shows that you have $20 balance in your wallet. And then 833 00:56:29,040 --> 00:56:32,640 it says, okay, who do you want to support? Which podcasts Do 834 00:56:32,640 --> 00:56:36,990 you want to support? Can you say, oh, pod news? Hold 835 00:56:36,989 --> 00:56:40,259 on, hold on, hold on. Where did this step come from? 836 00:56:42,180 --> 00:56:44,220 Which was the what? What 837 00:56:44,220 --> 00:56:47,610 podcast? Do you want to support? I thought it was per podcast, 838 00:56:47,610 --> 00:56:49,110 you can set a value per minute. 839 00:56:49,830 --> 00:56:52,530 Yeah, yeah. So like, which one do you want? Which one do you 840 00:56:52,530 --> 00:56:55,200 want to pay? Which ones do you want to pay? Because some you 841 00:56:55,200 --> 00:56:57,300 may have in your podcast app, do you don't care? Think about 842 00:56:57,419 --> 00:57:01,319 Okay, is this a step we hadn't had before? I just I was I 843 00:57:01,529 --> 00:57:04,979 personally, I would rather have the default be at some low 844 00:57:04,979 --> 00:57:08,339 number, let's say 10 satoshis a minute, which you are asked to 845 00:57:08,339 --> 00:57:14,339 configure to your value, which is adjustable per podcast. So 846 00:57:14,339 --> 00:57:17,099 that everyone has it. By the way, if that podcaster doesn't 847 00:57:17,099 --> 00:57:20,099 have a podcast or wallet, you don't lose any money, it just 848 00:57:20,099 --> 00:57:25,799 doesn't get sent. Or you can set it to zero. I just find the idea 849 00:57:25,799 --> 00:57:28,559 of Which one do you want to support? No, I think you either 850 00:57:28,559 --> 00:57:29,729 in on the game or not. 851 00:57:32,790 --> 00:57:33,990 So you're saying we don't have 852 00:57:33,990 --> 00:57:35,130 that step right now? 853 00:57:36,900 --> 00:57:41,940 Yeah, but they all default to zero, right. In Sphinx, when I 854 00:57:41,940 --> 00:57:44,760 joined the new when I joined a new tribe, it's it's zero I have 855 00:57:44,760 --> 00:57:45,270 to get set. 856 00:57:45,299 --> 00:57:48,149 Right? Okay. Well, that's different to saying Which one do 857 00:57:48,149 --> 00:57:51,839 you want to support? It's fine. If it's set at zero. Okay, 858 00:57:51,839 --> 00:57:54,449 that's fine. It's set to zero. In fact, I like that better, 859 00:57:54,899 --> 00:58:01,079 instead of zero. And then when you go to listen to a podcast, 860 00:58:01,349 --> 00:58:04,679 it'll either remind you asked you or some tickler that will 861 00:58:04,679 --> 00:58:08,699 say your settings, number zero SATs so that you are asked to 862 00:58:08,699 --> 00:58:11,879 configure that, okay, that's better than tick boxes, I'll 863 00:58:11,879 --> 00:58:15,839 support these and then I put the value in. I think that's missing 864 00:58:15,839 --> 00:58:19,079 out I just from a user experience. I think we'll set it 865 00:58:19,079 --> 00:58:20,159 at zero. That's fine 866 00:58:20,730 --> 00:58:24,270 as the default, but the app has to have some way of telling you 867 00:58:24,270 --> 00:58:26,640 that you're a douche, though. Like 868 00:58:28,020 --> 00:58:31,620 you're ahead of the game, let's get them to pay first, then. The 869 00:58:31,620 --> 00:58:33,510 douche nudge flag, we'll get that. 870 00:58:33,930 --> 00:58:39,150 Okay. Okay, so you now you now have to have a wallet with $20 871 00:58:39,150 --> 00:58:41,850 in it and the app knows that you have a wallet with $20 in it 872 00:58:41,850 --> 00:58:45,750 because it has the linkage to the app to the to the wallet. So 873 00:58:45,750 --> 00:58:52,530 now, your pot your podcast app, as you listen to podcasts. It is 874 00:58:52,530 --> 00:58:58,680 now streaming Kissin payments, at the rate that you chose at 875 00:58:58,680 --> 00:59:02,820 the amount of sets that you chose automatically. And then 876 00:59:02,820 --> 00:59:06,270 when it hits when your balance is zero. It pops up the dish 877 00:59:06,270 --> 00:59:10,680 flag or the dish nudge and it says you know, hey, you're out 878 00:59:10,680 --> 00:59:13,740 of money do you want to do you want to refill your your wallet 879 00:59:13,800 --> 00:59:16,230 and you say yeah, and it pops up another qR and you go and you 880 00:59:16,230 --> 00:59:17,250 fill it, fill it back up. 881 00:59:17,279 --> 00:59:21,899 And you mentioned strike, which is kind of cool because strike I 882 00:59:21,899 --> 00:59:25,499 will describe that very easily as Venmo for Bitcoin, you hook 883 00:59:25,499 --> 00:59:29,549 it up to your bank account the exact same way with the exact 884 00:59:29,549 --> 00:59:33,269 same system that Venmo uses, which I'm not a fan of, but I'm 885 00:59:33,329 --> 00:59:37,679 just saying it's out there. And then when you connect you can 886 00:59:37,709 --> 00:59:41,549 with strike I believe you'll be able to connect your wallet to 887 00:59:41,549 --> 00:59:46,709 strike when we integrate with them. So your payments can go 888 00:59:46,709 --> 00:59:49,139 directly from your bank account. You don't even have to put it 889 00:59:49,139 --> 00:59:53,309 into a wallet first. But in in in initial instance, strike is a 890 00:59:53,309 --> 00:59:56,819 really easy way to just top up your podcast wallet. 891 00:59:57,390 --> 00:59:59,970 Yeah, it's the way that I do. It's the way that I top up 892 01:00:00,000 --> 01:00:02,730 Things wallet right now. Yeah? And if you do it that way, too? 893 01:00:03,210 --> 01:00:04,950 No, I just send it from my own node. 894 01:00:05,550 --> 01:00:08,490 Oh, yeah. Well, I, I put, I mean, I'm 895 01:00:08,490 --> 01:00:11,970 already living in the in the Bitcoin world, like I'm buying 896 01:00:11,970 --> 01:00:14,130 and selling stuff in Bitcoin and lightning. 897 01:00:14,610 --> 01:00:18,570 But so the way the way I do it is I have a, I have my debit 898 01:00:18,570 --> 01:00:21,990 card linked to my strike account, so I just buy, I just 899 01:00:21,990 --> 01:00:26,700 bought, you know, 50 bucks worth of Bitcoin every, every so often 900 01:00:26,700 --> 01:00:28,920 just shove it right in there. And then I just pay it with an 901 01:00:28,920 --> 01:00:30,270 invoice straight to my Sphinx node, 902 01:00:30,540 --> 01:00:33,840 and there's no fees, right? So and what I like doing is just 903 01:00:33,840 --> 01:00:36,690 calling these things like podcasts wallet and call it 904 01:00:36,690 --> 01:00:42,450 payments. And, you know, I'm not a jihadist when it comes to 905 01:00:42,450 --> 01:00:47,010 calling it satoshis and Bitcoin, that, in fact, my friend, the 906 01:00:47,010 --> 01:00:50,220 former New York banker who hates Bitcoin with the passion, 907 01:00:50,520 --> 01:00:54,540 because he sees the men with the beards and and the vision and 908 01:00:54,540 --> 01:00:58,920 the passion. And he's on the central bank and gun side. Even 909 01:00:58,920 --> 01:01:05,730 he says, what you're doing here is, is revolutionary. And as 910 01:01:05,730 --> 01:01:08,250 long as I don't have to hear the word Bitcoin all the time, it 911 01:01:08,250 --> 01:01:12,900 says it was like, get this thing and top it up over here. So get 912 01:01:12,900 --> 01:01:16,470 your strike, and top up your podcast wallet. And maybe for 913 01:01:16,470 --> 01:01:18,990 him, we just keep it all in dollars, of course, people will 914 01:01:18,990 --> 01:01:22,500 eventually have to learn satoshis. But for me, it's like 915 01:01:22,500 --> 01:01:25,230 baby steps, you know, I don't have any religion about that and 916 01:01:25,230 --> 01:01:29,520 just call it dollars for all I care to show both. Okay, I'm 917 01:01:29,520 --> 01:01:31,710 sorry, I interrupted you. But this is good, because we're 918 01:01:31,710 --> 01:01:33,390 hammering out the last bits of the flow. 919 01:01:33,930 --> 01:01:37,560 Now that that's, that's the, that's it. That's the story. 920 01:01:37,590 --> 01:01:38,730 That's the fairy tale. And 921 01:01:38,730 --> 01:01:43,140 that will hopefully be your favorite podcast that may also 922 01:01:43,140 --> 01:01:46,740 have a boost functionality. So if you want to send an extra 923 01:01:46,770 --> 01:01:50,970 amount of payment, like, boom, that was so funny. And it'll be, 924 01:01:51,210 --> 01:01:53,250 you know, and then we can get into all the beautiful features 925 01:01:53,250 --> 01:01:56,700 where that's time coded. And podcasts are can understand it. 926 01:01:56,970 --> 01:02:00,870 Okay, so now now the technical side of that, that sounds pretty 927 01:02:00,870 --> 01:02:06,660 easy, Dave? It did, Adam, it is easy. And we need some non 928 01:02:06,660 --> 01:02:09,180 offensive venture capital, pitch music. 929 01:02:09,960 --> 01:02:15,630 Let me say one other thing. We've had ongoing conversations 930 01:02:15,630 --> 01:02:19,410 with some of the smartest people in this industry. You know, it's 931 01:02:19,410 --> 01:02:24,690 Tim at lm PE, it's Wayne and buck. It's Ryan, it's Paul and 932 01:02:24,690 --> 01:02:29,370 Evan. I mean, and these are super smart people. We've been 933 01:02:29,370 --> 01:02:35,040 down many of these roads. And, yes, we understand that we are 934 01:02:35,070 --> 01:02:42,510 talking about a custodial based wallet system, we understand all 935 01:02:42,510 --> 01:02:46,620 of the possible issues, what we're not going to do is pull a 936 01:02:46,620 --> 01:02:51,360 podcast or pull a podcast industry and chat about it 937 01:02:51,360 --> 01:02:54,810 forever. If we fail, we fail, we'll push this something will 938 01:02:54,810 --> 01:02:57,480 change, someone will have a better idea. We're small, and 939 01:02:57,480 --> 01:03:01,470 we're flexible. So not overlooking all kinds of 940 01:03:01,620 --> 01:03:05,010 security issues, which are actually quite small. But of 941 01:03:05,010 --> 01:03:08,340 course, there's some trust issues that may or may not be 942 01:03:08,340 --> 01:03:11,700 solvable. But we're just moving forward to get it done. And I 943 01:03:11,700 --> 01:03:15,210 think everybody's saying, Hey, this is pretty good. That 944 01:03:15,210 --> 01:03:18,480 particularly in light of the infrastructure changes that are 945 01:03:18,480 --> 01:03:20,850 coming that will make it much more efficient and cost 946 01:03:20,850 --> 01:03:26,580 effective for people to have just a virtual node that they 947 01:03:26,580 --> 01:03:29,250 can share the cost with with other people, which would bring 948 01:03:29,250 --> 01:03:34,230 it down to a penny a month maybe. But also opens up 949 01:03:34,260 --> 01:03:38,520 opportunity for larger systems who want to who can make money 950 01:03:38,550 --> 01:03:43,260 providing these services. So everybody can make money. And 951 01:03:43,320 --> 01:03:45,480 can receive value would be more fair to say. 952 01:03:46,500 --> 01:03:49,860 Yeah, so we're, you know, we're, and we're an example of that, 953 01:03:49,860 --> 01:03:53,910 too. So we would make, you know, we would make money off that by 954 01:03:55,500 --> 01:04:01,500 by providing an API for the value for the value blocks. And 955 01:04:02,520 --> 01:04:11,250 that's so that, here's, here's the issue with with the value, 956 01:04:11,280 --> 01:04:16,890 the value block in XML space, is the right way to go. It 957 01:04:16,890 --> 01:04:23,010 specifies in an open way that everybody can see the payment 958 01:04:23,010 --> 01:04:27,150 addresses. It says, here's the people that need to get paid as 959 01:04:27,150 --> 01:04:32,850 people listen to this podcast. That is the correct, open, 960 01:04:32,850 --> 01:04:39,210 transparent way to do it. Now, translating that into the 961 01:04:39,210 --> 01:04:46,980 technical back and forth between an app and the and the API or 962 01:04:46,980 --> 01:04:53,220 whatever they're doing. That gets can get sketchy. So if you 963 01:04:53,220 --> 01:04:57,480 have let you know, let's just say that pod buddy is you know, 964 01:04:57,630 --> 01:05:01,950 gets gets their car there. Let's just say they get compromised. 965 01:05:03,000 --> 01:05:07,560 Well, then, now they can all of a sudden drain everybody's 966 01:05:07,560 --> 01:05:14,640 wallet to some unknown Bitcoin address. So the danger, the 967 01:05:14,640 --> 01:05:19,110 danger is within is giving the app too much power. And that's 968 01:05:19,110 --> 01:05:26,190 what we have gone back and forth on is, is how much putting it in 969 01:05:26,190 --> 01:05:30,000 the XML, again is the right thing to do. But it's, it's step 970 01:05:30,000 --> 01:05:34,080 two, that gets tricky. So if you have, if you just say, Well, 971 01:05:34,110 --> 01:05:38,070 okay, apps, all these apps, here's an API that allows you to 972 01:05:38,070 --> 01:05:43,770 send your customers funds anywhere you want. That's 973 01:05:44,070 --> 01:05:49,590 sketchy. But at the same time, if we interject ourselves into 974 01:05:49,590 --> 01:05:53,370 the middle of that, and say, Well, okay, why don't you send? 975 01:05:53,850 --> 01:05:55,830 Because this is one thing we thought of, we thought, well, 976 01:05:55,830 --> 01:05:58,500 the way to solve that issue is, what we'll do is we'll say, 977 01:05:58,770 --> 01:06:02,130 well, we'll build the API for the lightning. And then we'll 978 01:06:02,130 --> 01:06:06,600 say, okay, the app can tell us that they want to send in the 979 01:06:06,600 --> 01:06:11,520 payment, we'll double check with the feed and see where the value 980 01:06:11,520 --> 01:06:16,890 block splits are in Wilson, the payment for them. But now, now 981 01:06:16,890 --> 01:06:20,700 you have a real central point of failure. And you have us having 982 01:06:20,700 --> 01:06:25,800 to deal with all the headache of being a money broker. And it's 983 01:06:25,800 --> 01:06:29,520 like, No, no, no, no, no. We're just like, no, that's just too 984 01:06:29,520 --> 01:06:36,840 much. So the sort of what we're settling on right now is there's 985 01:06:36,840 --> 01:06:41,280 an a, you know, Elon pay is this API that is out there and 986 01:06:41,280 --> 01:06:48,240 available. And one thing we can do is be a sort of trusted, 987 01:06:48,540 --> 01:06:52,350 trusted party in that transaction, to where we can 988 01:06:52,350 --> 01:07:00,120 say, okay, you're going to send, you're going to send payments to 989 01:07:00,120 --> 01:07:05,040 this to these recipients. But you'll have to get your you'll 990 01:07:05,040 --> 01:07:10,470 need to get the feed splits from us, is returned, still trying to 991 01:07:10,470 --> 01:07:16,950 figure out exactly what that looks like. But that the, the 992 01:07:16,950 --> 01:07:19,590 bottom line is there, we're trying to figure out some way if 993 01:07:19,590 --> 01:07:23,820 we can get some like a, like a receipt, or something that shows 994 01:07:23,820 --> 01:07:25,290 that the payments went to the right place. 995 01:07:25,319 --> 01:07:28,979 Right. So the way it ended, this is what the index really does at 996 01:07:28,979 --> 01:07:37,349 its core, is routing and resolution. So the podcaster 997 01:07:37,349 --> 01:07:43,739 always has control at the at the core base level, over what their 998 01:07:43,739 --> 01:07:47,399 payment split is, how many different people what 999 01:07:47,399 --> 01:07:50,639 percentages go to each one, or entities because you know, it's 1000 01:07:50,639 --> 01:07:55,529 just a node. So they have ultimate control. value. 1001 01:07:55,709 --> 01:07:58,949 proposition number one for the index is what we already do for 1002 01:07:58,949 --> 01:08:03,479 the, for the next generation of apps as we provide a shortcut to 1003 01:08:03,479 --> 01:08:08,459 aggregating all that stuff. And, you know, that is an obvious 1004 01:08:08,639 --> 01:08:13,139 advantage, but also an obvious disadvantage, which we know has 1005 01:08:13,139 --> 01:08:17,789 to be solved. Right now we, you can get a dump of the database, 1006 01:08:17,789 --> 01:08:20,339 and someone could resurrect us, if we fell down, at least at 1007 01:08:20,339 --> 01:08:22,619 least there's that but that's obviously not the best way to 1008 01:08:22,619 --> 01:08:26,759 go. But that, but we know that for efficiency sake, and for the 1009 01:08:26,759 --> 01:08:30,659 type of developer that we have. And you know, it's like, you can 1010 01:08:30,659 --> 01:08:33,389 do it off of Apple, you can do it off of us. Everyone has 1011 01:08:33,389 --> 01:08:36,659 problems. Yeah, but you, you have a lot more influence over 1012 01:08:36,659 --> 01:08:42,659 here. The second part is making it drop dead simple for app 1013 01:08:42,659 --> 01:08:46,829 developers to input implement this, that you really only have 1014 01:08:46,829 --> 01:08:50,189 to focus on what the API is asking. You shouldn't have to 1015 01:08:50,369 --> 01:08:53,489 store user accounts and all kinds of things you would be 1016 01:08:53,489 --> 01:08:59,849 thinking of, I believe to have a central authority, because I see 1017 01:08:59,849 --> 01:09:03,839 these payments, not as payments, I see this split as the future 1018 01:09:03,839 --> 01:09:08,489 of a royalty system. And, and it kind of fell into our lap but 1019 01:09:08,489 --> 01:09:14,849 this is extremely important for value flow in future creative 1020 01:09:14,849 --> 01:09:21,839 and current creative endeavors. So for royalties of payments, in 1021 01:09:21,839 --> 01:09:27,899 the, in the in today's world, we have the antiquated music is 1022 01:09:27,899 --> 01:09:33,359 easier to explain. But you have ASCAP BMI, any of your actors, 1023 01:09:33,359 --> 01:09:36,209 you have AFTRA, maybe that's another way to look at. And so 1024 01:09:36,209 --> 01:09:40,559 these are huge nonprofits with hundreds of millions of dollars 1025 01:09:40,559 --> 01:09:43,679 running through them huge overhead, when really all they 1026 01:09:43,679 --> 01:09:49,139 have to do is figure out who, how many people enjoyed a piece 1027 01:09:49,139 --> 01:09:52,229 of entertainment, and what people in that piece of 1028 01:09:52,229 --> 01:09:54,959 entertainment are supposed to get a piece of the money that 1029 01:09:54,959 --> 01:09:58,439 was raised for that human being to enjoy it, and then send it 1030 01:09:58,439 --> 01:10:02,459 all the way down the line back To the Creator, which as you 1031 01:10:02,459 --> 01:10:07,259 know, rarely happens that way. And it takes, you know, 24 to 36 1032 01:10:07,259 --> 01:10:10,289 months, this is why musicians are always in debt to their 1033 01:10:10,289 --> 01:10:13,379 record company, because they get an advance until the money comes 1034 01:10:13,379 --> 01:10:17,879 in. So I'm simplifying it, but that piece needs to be trusted. 1035 01:10:18,299 --> 01:10:22,259 And I want us to be that trusted piece. And I want to do that 1036 01:10:22,469 --> 01:10:28,499 with truth in numbers, and mathematical numbers. So to be 1037 01:10:28,859 --> 01:10:32,639 able, so we can prove that this is the intended and it's 1038 01:10:32,639 --> 01:10:35,489 important because people's money depends on this. It's sure it's 1039 01:10:35,519 --> 01:10:39,779 it's tenths of a cent now, but who knows. So this is the 1040 01:10:39,779 --> 01:10:44,369 intended split. And I think down the line, they will be multisig 1041 01:10:44,489 --> 01:10:48,539 agreements for projects where, where that split may not be 1042 01:10:48,539 --> 01:10:52,919 changeable, because unless multiple signatories agree to 1043 01:10:52,919 --> 01:10:56,309 change that, I mean, I can see all this coming, I can see it as 1044 01:10:56,309 --> 01:11:01,679 clear as day. So that money has to be distributed. And so we 1045 01:11:01,679 --> 01:11:05,399 need to make sure that there's agreement amongst the parties, 1046 01:11:05,459 --> 01:11:09,929 ultimately, who are part of the split, as well as that that was 1047 01:11:09,929 --> 01:11:15,239 paid. And today, we will be able to manage the Okay, here's the 1048 01:11:15,269 --> 01:11:20,039 345 different addresses that are getting this payment, of course, 1049 01:11:20,039 --> 01:11:22,409 it's split up into five payments, but and what 1050 01:11:22,409 --> 01:11:27,119 percentages, and then please send us the receipt. So we can 1051 01:11:27,119 --> 01:11:31,109 match that with the chain. So everybody knows, this payment 1052 01:11:31,109 --> 01:11:34,469 took place it went to now you can call it tracking or just 1053 01:11:34,829 --> 01:11:38,129 receipts. Because we of course, don't really know who that note 1054 01:11:38,129 --> 01:11:40,709 is, you know, we don't know what has all the pieces, but 1055 01:11:40,709 --> 01:11:45,089 everybody should get the main receipt all the way around. And 1056 01:11:45,089 --> 01:11:46,469 we can say okay, paid. 1057 01:11:47,100 --> 01:11:51,480 Yeah. Well, and so the, the other aspect of that is sort of 1058 01:11:51,480 --> 01:11:56,790 where this is going is because because we're going to be sort 1059 01:11:56,790 --> 01:12:04,770 of a trusted like verifier of this stuff is there's probably 1060 01:12:04,770 --> 01:12:08,040 going to be another permission key level 1061 01:12:08,070 --> 01:12:14,340 level and API. So we will have to have a, a known relationship 1062 01:12:14,340 --> 01:12:17,460 with our, with the app with our app developers. Yeah, of course, 1063 01:12:17,460 --> 01:12:20,550 and they want it to because you know, oh, and as an addition. 1064 01:12:22,440 --> 01:12:24,780 And I'm just putting these rules in place. And we can always 1065 01:12:24,780 --> 01:12:29,280 argue about it later. But for the service, the index, we'll 1066 01:12:29,370 --> 01:12:33,660 add our node for 1%. And we'll add the app, the app that the 1067 01:12:33,660 --> 01:12:38,190 request is coming from for 1%. And just be I'm not ashamed to 1068 01:12:38,190 --> 01:12:43,200 say that that's the whole point. And if an app fa, which is also 1069 01:12:43,200 --> 01:12:46,230 key for the payment, so we need to know which apps the apps 1070 01:12:46,230 --> 01:12:49,440 themselves need to be able to feed that back to the podcaster. 1071 01:12:51,510 --> 01:12:56,100 Because we were talking to Tim and we're at Elon pay, we were 1072 01:12:56,100 --> 01:12:59,190 kind of bouncing ideas back and forth of how how can we make 1073 01:12:59,190 --> 01:13:02,670 this work? Because you know, the ecosystems open and all that 1074 01:13:02,670 --> 01:13:05,940 kind of stuff. But how can we make this where everything is 1075 01:13:05,940 --> 01:13:10,200 transparent, because we've said from day one that needs to get 1076 01:13:10,200 --> 01:13:14,520 paid, the you know, the podcaster needs to get paid. And 1077 01:13:14,550 --> 01:13:16,770 you know, everybody down the chain, wait, you know, we want 1078 01:13:16,770 --> 01:13:20,160 to get paid to all this stuff needs to happen. Everybody in 1079 01:13:20,160 --> 01:13:23,490 the chain needs to get paid. But really Ground Zero is the app, 1080 01:13:24,030 --> 01:13:28,350 the app, developers need to get paid if if pod kit if pocket 1081 01:13:28,350 --> 01:13:32,250 cast, integrated this, they wouldn't be going broke written 1082 01:13:32,250 --> 01:13:36,330 Exactly. Now, they also wouldn't need that many people believe it 1083 01:13:36,330 --> 01:13:39,540 or not, you need to hold to people to manage your venture 1084 01:13:39,540 --> 01:13:40,560 capital people. 1085 01:13:40,830 --> 01:13:43,620 But it's got to be transparent. And that's the deal. Like it 1086 01:13:43,620 --> 01:13:47,310 can't be it has to be transparent to where you know, 1087 01:13:47,310 --> 01:13:54,210 what's in the feed is one is one guy 111 woman who says I'm the 1088 01:13:54,210 --> 01:13:56,940 creator, I'm the host of the podcast, and here's my here's my 1089 01:13:56,940 --> 01:14:04,230 note ID that's what's in the XML. But then, at some point, in 1090 01:14:04,230 --> 01:14:09,000 the, perhaps the hosting company, perhaps a directory 1091 01:14:09,000 --> 01:14:16,080 like us, and for sure, for sure, the app, the those one, each one 1092 01:14:16,080 --> 01:14:22,650 of those is going to take 1% and so the that 1% though, that that 1093 01:14:22,680 --> 01:14:25,770 activity needs to be transparent, it can't be that 1094 01:14:26,130 --> 01:14:29,340 people are just silently sucking money out everywhere, that it 1095 01:14:29,340 --> 01:14:31,800 has to be known. And so that's what we're talking to Tim about. 1096 01:14:31,920 --> 01:14:36,030 And that that would be where this stuff kind of comes into 1097 01:14:36,030 --> 01:14:39,870 play where we're gonna say, okay, we're gonna hand the 1098 01:14:39,870 --> 01:14:44,370 splits back, but only to known apps. So like, what what that 1099 01:14:44,370 --> 01:14:49,860 would look like for somebody like, pot, you know, pot station 1100 01:14:50,280 --> 01:14:53,790 is you would just go in there and just like you would ask for 1101 01:14:53,790 --> 01:14:57,540 rewrite permission. You just go in there and ask for a you know, 1102 01:14:57,540 --> 01:15:00,090 some other thing I know it'd be called, but you asked for Or 1103 01:15:00,090 --> 01:15:03,150 some other permission level on your API value for value 1104 01:15:03,150 --> 01:15:06,810 payments, value payments, yeah, value payments. And then you ask 1105 01:15:06,810 --> 01:15:10,380 for that permission level. And then it just comes to us to, to 1106 01:15:10,380 --> 01:15:15,360 approve it. And we have to make sure you know, like, I get, we 1107 01:15:15,360 --> 01:15:21,030 get, I get tons of approval requests for read for write 1108 01:15:21,030 --> 01:15:24,510 permission API keys that I just throw in the trash, because I 1109 01:15:24,510 --> 01:15:27,540 have no idea who you are. It's just some random gmail address. 1110 01:15:27,570 --> 01:15:31,800 And I'm not in and if you, I just trash it. And then if you 1111 01:15:31,800 --> 01:15:35,310 come back to me and say, send me an email and say, Hey, here's, 1112 01:15:35,670 --> 01:15:38,130 here's what I'm doing. I would like to read write permission 1113 01:15:38,130 --> 01:15:42,750 key for from my app, and it's called this, then I'll say, 1114 01:15:42,750 --> 01:15:47,340 Yeah, absolutely. I'll put it right in. But I'm the same, 1115 01:15:47,340 --> 01:15:51,180 it'll be the same way with this. It'll be you asked for a 1116 01:15:51,180 --> 01:15:54,420 different permission level. And the key, if we ever known if we 1117 01:15:54,420 --> 01:15:58,020 know who you are, you're trusted all that kind of jazz. That gets 1118 01:15:58,020 --> 01:15:59,700 approved, you're good to go. And we 1119 01:15:59,730 --> 01:16:06,990 and along with this comes another piece that that podcast 1120 01:16:06,990 --> 01:16:10,950 index is doing for you that you don't know, people listening. 1121 01:16:11,940 --> 01:16:15,030 And we haven't seen but I know what's happening. In the 1122 01:16:15,030 --> 01:16:19,530 background, we have a third member of this team, Eric, and 1123 01:16:19,830 --> 01:16:26,700 he is doing all of this regulatory taxation. How do we 1124 01:16:26,700 --> 01:16:30,720 report keys working all these things? From a back office 1125 01:16:30,720 --> 01:16:34,290 perspective? He's doing it for us for the for the index, but 1126 01:16:34,290 --> 01:16:37,920 he's really doing it for everybody. And so that piece is, 1127 01:16:37,950 --> 01:16:42,120 you know, is also being worked on in real time, in a real time 1128 01:16:42,120 --> 01:16:45,810 manner. Like, okay, where are the pitfalls? How do you treat 1129 01:16:45,810 --> 01:16:51,360 this? So we're not just like cowboys? Yeah, we had a Chuck 1130 01:16:51,360 --> 01:16:54,930 Wagon back there. So it's a few miles back, but the Chuck Wagon 1131 01:16:54,930 --> 01:16:55,590 is coming up. 1132 01:16:55,860 --> 01:16:58,950 Yeah, Eric's been doing a ton of work on that, because this is 1133 01:16:58,950 --> 01:17:02,550 really a new paradigm. I mean, like, this is a new market. And 1134 01:17:03,420 --> 01:17:06,990 it's, I mean, he, he's had to do a lot of research to figure out 1135 01:17:07,680 --> 01:17:12,330 if what's Okay, and what's not. And that's going to be that is 1136 01:17:12,330 --> 01:17:14,820 going to be valuable to apps that choose to participate in 1137 01:17:14,820 --> 01:17:17,550 this so that we can also all have some level of protection. 1138 01:17:17,760 --> 01:17:20,970 Yeah, understand what agreements need to be in place. And it's 1139 01:17:20,970 --> 01:17:23,550 not, it's not crazy stuff. You know, what it's gonna be, you 1140 01:17:23,550 --> 01:17:26,040 know, ultimately, it's a box that says Terms of Service, a 1141 01:17:26,040 --> 01:17:28,920 lot of all caps and some small ones, you click OK. And then 1142 01:17:28,920 --> 01:17:32,190 we're all screwed. We all get sued by Amazon. 1143 01:17:33,660 --> 01:17:39,420 They the other part of a like, the, the biggest reason why this 1144 01:17:39,420 --> 01:17:44,700 is a is an issue is not for the guy who has $20 in a wallet, 1145 01:17:44,910 --> 01:17:47,940 it's that there's people out there that will put 10 grand in 1146 01:17:47,940 --> 01:17:52,860 a wallet, right? And that's a big deal. I mean, if I if I put, 1147 01:17:53,070 --> 01:17:57,150 you know, $10 in my, in some lightning wallet, and the 1148 01:17:57,180 --> 01:18:00,150 lightning wallet screws up in a lizard, I mean, it's okay, I'll 1149 01:18:00,150 --> 01:18:04,590 skip lunch one day, but I mean, there are going to be people who 1150 01:18:04,620 --> 01:18:09,540 send podcasts $20 a minute. Yeah, I mean, like, Yes. 1151 01:18:10,680 --> 01:18:16,140 Absolutely. And and and so, along with this comes education. 1152 01:18:17,010 --> 01:18:19,680 You've probably seen the stories crop up, it always happens when 1153 01:18:19,680 --> 01:18:23,550 Bitcoin has a rally, guy has $200 million worth of Bitcoin 1154 01:18:23,550 --> 01:18:27,780 lost the password. So yes, you do have responsibility, there is 1155 01:18:27,780 --> 01:18:31,620 no helpdesk for Bitcoin. So you need to learn and it's really 1156 01:18:31,620 --> 01:18:34,230 once you learn, it's quite simple. But even to this day, 1157 01:18:34,230 --> 01:18:37,650 I'm still like, Am I doing it right? Because I know that, you 1158 01:18:37,650 --> 01:18:40,830 know, it's not hard to do. But if you don't have some simple 1159 01:18:40,830 --> 01:18:44,910 backup things, which most people are bad at, then you could lose 1160 01:18:44,910 --> 01:18:52,320 money, but it's a great way to learn how to use it. And this 1161 01:18:52,350 --> 01:18:57,270 our same system will function in the architecture of tomorrow, 1162 01:18:57,270 --> 01:19:01,110 which is these virtual nodes, which will have a very much 1163 01:19:01,110 --> 01:19:04,350 safer proposition for someone putting more money on that. 1164 01:19:06,240 --> 01:19:09,690 Yeah, and it goes back to it. It's so exciting, because it 1165 01:19:09,690 --> 01:19:12,540 goes back to something that I mentioned before, where I need 1166 01:19:12,540 --> 01:19:15,600 to polish on her show, had interviewed that guy from Africa 1167 01:19:15,600 --> 01:19:19,470 who had been d platformed. Off YouTube and Twitter. I mean, 1168 01:19:19,530 --> 01:19:24,930 like, that's a perfect use case for this. It's It's perfect. I 1169 01:19:24,930 --> 01:19:30,300 mean, here's a guy from a third world country who is who can 1170 01:19:30,300 --> 01:19:35,400 make a podcast and make money. Yeah. And it's International. 1171 01:19:35,460 --> 01:19:38,730 It's diverse. It's all the things we want. 1172 01:19:38,880 --> 01:19:40,620 Yeah. It's really 1173 01:19:40,830 --> 01:19:45,690 facilitated by, by claim free money, or 1174 01:19:45,690 --> 01:19:47,190 value, whatever you want to call it. 1175 01:19:47,520 --> 01:19:48,510 Yeah, yeah. 1176 01:19:49,110 --> 01:19:54,540 And, and we're just, I mean, it's been such a, an exploratory 1177 01:19:54,600 --> 01:19:57,360 road that we've gone down to figure all this out and we've 1178 01:19:57,360 --> 01:20:01,980 hit many guards. corners, what? Oh, we might as well back out of 1179 01:20:01,980 --> 01:20:04,590 this one. That's not so good. Yeah, yeah, hit a lot of that. 1180 01:20:05,370 --> 01:20:11,970 But I am so excited. Because this will allow us to at least 1181 01:20:11,970 --> 01:20:18,150 test to the scale. Because the scale is really very different, 1182 01:20:18,390 --> 01:20:23,850 very different at doing it this way. Without the full node, so 1183 01:20:23,850 --> 01:20:28,350 we can really test a couple of, you know, bigger shows, get some 1184 01:20:28,350 --> 01:20:32,220 scale, but most most importantly, I think it will be 1185 01:20:32,220 --> 01:20:36,450 for many of the devs will be relatively easy to incorporate 1186 01:20:36,450 --> 01:20:40,050 this and really have the ability to spend more time on how do you 1187 01:20:40,050 --> 01:20:45,330 want to present this? And what what's your you? What's your UX, 1188 01:20:45,900 --> 01:20:49,830 UX? What's your user? What's your user experience? And you 1189 01:20:49,830 --> 01:20:53,310 all have different ideas. And I and I love all the different 1190 01:20:53,550 --> 01:20:59,910 user experience ideas across the board on how people do chapters, 1191 01:21:00,210 --> 01:21:03,240 I mean, it's not every I don't like everything, but who gives a 1192 01:21:03,240 --> 01:21:06,720 shit someone else does it perfect. That's good. That's 1193 01:21:06,720 --> 01:21:10,710 diversity, diversity in code is important too, in that manner, 1194 01:21:11,010 --> 01:21:11,490 just like 1195 01:21:11,490 --> 01:21:14,010 everything else. And just like everything else we're doing with 1196 01:21:14,010 --> 01:21:15,720 the namespace. And all this stuff, you know, with the 1197 01:21:15,720 --> 01:21:19,650 namespace is, it's just, it's open. If you if you don't want 1198 01:21:19,650 --> 01:21:21,990 to use podcast index, you don't have to, you can read the XML 1199 01:21:21,990 --> 01:21:24,480 directly. And you can just say, screw you guys. Yeah. And that's 1200 01:21:24,480 --> 01:21:28,530 fine. And it still works just like it always does. And that's 1201 01:21:28,530 --> 01:21:34,470 fine. But we're, that's the money issue has to be has to be 1202 01:21:34,470 --> 01:21:36,480 treated carefully. And so 1203 01:21:36,540 --> 01:21:40,350 what you need, you need some, right now, we still do need some 1204 01:21:40,350 --> 01:21:43,500 authority, because we just don't have supercomputers in our 1205 01:21:43,500 --> 01:21:47,610 pockets yet. Yeah, they're fast, but they can't index you. 1.5 1206 01:21:47,640 --> 01:21:50,220 million feeds and maintain everything. It's slow and 1207 01:21:50,220 --> 01:21:55,050 laborious. And I have no doubt the whole podcast index project 1208 01:21:55,050 --> 01:21:59,730 one day will fit on a USB stick. Yeah, why not? 1209 01:21:59,760 --> 01:22:01,920 Sure. Your 50 terabyte USB stick? 1210 01:22:02,400 --> 01:22:09,330 What do you hate? That's Jeez, that's so 2000 Dave Jones. My 1211 01:22:09,330 --> 01:22:12,090 petabyte stick is way beyond your terabytes thick, 1212 01:22:12,150 --> 01:22:17,550 petabyte stick show title. By the way, I have the perfect name 1213 01:22:17,550 --> 01:22:19,020 for your for your future dog. 1214 01:22:19,320 --> 01:22:24,060 Oh, whoa, okay. Yes, this is Tina and I are now officially 1215 01:22:24,060 --> 01:22:28,590 empty nesters. We have no kids even living in the state. And so 1216 01:22:28,590 --> 01:22:29,940 we're thinking about the dog. 1217 01:22:30,990 --> 01:22:33,960 Okay, are you ready? I'm ready. But that one's 1218 01:22:36,450 --> 01:22:39,960 so we got the only that is not the two dogs one is Paul Anka, 1219 01:22:39,960 --> 01:22:41,400 and the other is Buck Owens. 1220 01:22:41,580 --> 01:22:44,910 Yeah. BDB DVD. I mean, 1221 01:22:45,960 --> 01:22:47,550 a little robot on Buck Owens. 1222 01:22:48,300 --> 01:22:53,400 I know you're thinking of Buck Rogers. Oh, and country singer. 1223 01:22:54,690 --> 01:22:55,500 That's you know, I 1224 01:22:55,500 --> 01:22:57,960 like Buck Rogers better now. All of a sudden I don't know what's 1225 01:22:57,960 --> 01:22:58,260 wrong. 1226 01:22:58,350 --> 01:23:02,280 Oh, no buckle is the country singer from he'll, you 1227 01:23:04,170 --> 01:23:07,050 know, I grew up in Amsterdam, and we weren't I was smoking 1228 01:23:07,050 --> 01:23:10,050 weed. I wasn't watching heat off. Make it our own way. He 1229 01:23:10,050 --> 01:23:10,380 Hall. 1230 01:23:12,390 --> 01:23:14,610 He's the guy with the red white and blue guitar. 1231 01:23:16,350 --> 01:23:19,470 We'd never that's not my No, I didn't get that. It was just the 1232 01:23:19,470 --> 01:23:21,570 wrong age. I was growing up somewhere else with no 1233 01:23:21,570 --> 01:23:23,910 television or government controlled television. 1234 01:23:24,300 --> 01:23:26,220 And depressed now thought it was a beautiful name. 1235 01:23:26,249 --> 01:23:32,129 I'm sorry to disappoint. I don't I still like GOG. Everyone seems 1236 01:23:32,129 --> 01:23:32,879 like God 1237 01:23:32,880 --> 01:23:35,730 oggi that. No, no, no. 1238 01:23:36,570 --> 01:23:39,150 I think I'm sticking with dlg. That. 1239 01:23:39,690 --> 01:23:43,020 It reminds you too much of that. That lame. crypto coin that 1240 01:23:43,020 --> 01:23:43,590 everybody? 1241 01:23:43,650 --> 01:23:44,550 Dogecoin. 1242 01:23:44,640 --> 01:23:46,980 Yeah. Hey, speaking 1243 01:23:46,980 --> 01:23:49,200 of crypto coins? 1244 01:23:49,710 --> 01:23:51,090 Yeah. Yeah. Can 1245 01:23:51,090 --> 01:23:55,680 we thank a few few people for supporting the project before 1246 01:23:55,680 --> 01:23:57,240 the satoshis are really flowing? 1247 01:23:57,510 --> 01:24:00,270 Yeah, yeah. Let's do it. 1248 01:24:00,330 --> 01:24:04,710 This is a value for valid love. The whole show has been a lot 1249 01:24:04,710 --> 01:24:10,260 about value for value. You heard what it costs. There's real 1250 01:24:10,260 --> 01:24:12,870 money involved. Dave and I are not taking any salary, Nores, 1251 01:24:12,870 --> 01:24:17,280 Eric, we hope that we can get value in the future. But to get 1252 01:24:17,280 --> 01:24:20,610 it going to grease the machine. Everything does need to be keep 1253 01:24:20,640 --> 01:24:24,960 running. And I could see a future where we might have to 1254 01:24:24,960 --> 01:24:29,070 pre fund some some channels and liquidity things on the chain 1255 01:24:29,070 --> 01:24:31,530 level. There's a lot of things that we can do just the fact 1256 01:24:31,530 --> 01:24:36,030 that I've been able to offer in some cases, some of our I'll 1257 01:24:36,030 --> 01:24:39,120 call them loose, loosely named partners, like hey, do you need 1258 01:24:39,120 --> 01:24:41,400 us to chip in and help you with that? And the answer has been 1259 01:24:41,400 --> 01:24:45,990 no. But it's been very powerful to be able to say that. It's 1260 01:24:45,990 --> 01:24:49,800 very, very powerful. And even you know, I've asked other 1261 01:24:49,800 --> 01:24:52,020 people yeah, we'll pay you for this not I don't want any money. 1262 01:24:52,410 --> 01:24:55,050 That's your time, talent and treasure. That is the that is 1263 01:24:55,080 --> 01:24:58,230 what value for value is driven on if there's any value get out 1264 01:24:58,230 --> 01:25:01,440 of this show and out of the project. itself, podcast 1265 01:25:01,440 --> 01:25:07,140 index.org Please help us by going to podcast index.org. We 1266 01:25:07,140 --> 01:25:11,460 take the the COC bucks through PayPal, look for the big red 1267 01:25:11,490 --> 01:25:14,400 Donate button, but we have a lightning invoice system on 1268 01:25:14,400 --> 01:25:17,370 there, that all that needs to be upgraded. And hopefully one day 1269 01:25:17,370 --> 01:25:20,460 we can do away with it and we'll just be part of the value flow 1270 01:25:20,460 --> 01:25:24,210 that would be the ultimate way to go. And we love thanking 1271 01:25:24,210 --> 01:25:27,750 people who are participating in the project who are certainly 1272 01:25:27,750 --> 01:25:28,950 helping us with their treasure 1273 01:25:30,870 --> 01:25:36,420 that starts with Ben from our buddies@rss.com 1274 01:25:37,980 --> 01:25:40,170 just they donated not too long ago. 1275 01:25:40,380 --> 01:25:44,790 Yeah. Oh, yeah. Yeah, they Yeah, they they, they chipped in for 1276 01:25:45,600 --> 01:25:50,460 Christmas. For in New Year's. But they there? They gave us 1277 01:25:50,460 --> 01:25:51,210 $500 1278 01:25:51,240 --> 01:25:55,170 holy crap. Yeah, really? Hey, 1279 01:25:55,890 --> 01:25:58,650 Dave, and Adam. Thanks again for all your hard work from your 1280 01:25:58,650 --> 01:26:01,770 friends and admirers@rss.com. And we're gonna have them. 1281 01:26:01,950 --> 01:26:05,490 They're gonna be on the podcast with us. Two weeks from now. Oh, 1282 01:26:05,520 --> 01:26:06,030 excellent. 1283 01:26:06,060 --> 01:26:07,620 I look forward to it. Yeah, we 1284 01:26:07,620 --> 01:26:08,010 got. 1285 01:26:08,370 --> 01:26:11,190 What do they do? again@rss.com. So everybody knows. 1286 01:26:11,670 --> 01:26:18,210 podcast Host. Yeah. A podcast host. And they they've been 1287 01:26:18,210 --> 01:26:22,620 really contest. They sponsored us on pod news. managed and so 1288 01:26:22,620 --> 01:26:25,470 much. They're just, they just been great. And they also have 1289 01:26:25,530 --> 01:26:29,400 my favorite domain name. RSS doc. Yeah. I mean, holy crap. 1290 01:26:29,730 --> 01:26:30,180 Yeah. 1291 01:26:30,540 --> 01:26:32,850 Cool. I want to hear the story about how they got 1292 01:26:32,880 --> 01:26:36,750 Yes, yes. We can swap out some domain name stories. No doubt. 1293 01:26:38,070 --> 01:26:41,460 Yeah, we'll have we're gonna have blueberry. We're gonna have 1294 01:26:41,460 --> 01:26:45,900 Todd and Mike from blueberry on next week. And then we'll have 1295 01:26:45,960 --> 01:26:48,660 RSS have been banned on the week after that. 1296 01:26:48,690 --> 01:26:54,750 Wow. Don't we have David coming up from hyper catcher and some 1297 01:26:54,750 --> 01:26:55,440 other people? 1298 01:26:55,650 --> 01:26:59,160 Yeah, he'll be in the I think he's the David will be David 1299 01:26:59,160 --> 01:27:01,440 Norman is going to be on with us. I think the second week of 1300 01:27:01,440 --> 01:27:02,430 February. I have to 1301 01:27:02,430 --> 01:27:05,550 look. Firstly, nice. Nice. Nice. Nice. 1302 01:27:06,990 --> 01:27:13,260 The so thanks. Thanks, Ben. And gazzard RSS comm says, here's 1303 01:27:13,320 --> 01:27:19,110 this is a donation for an anonymous donation for $200. For 1304 01:27:20,820 --> 01:27:23,880 no credit is needed or wanted. just glad I can help. 1305 01:27:23,910 --> 01:27:25,560 Thank you very much anonymous 1306 01:27:26,250 --> 01:27:32,190 says and not just a thought. Well, he says just a thought 1307 01:27:32,190 --> 01:27:34,230 there's not need to be voiced on the show since it's a real 1308 01:27:34,230 --> 01:27:39,210 downer about gun voices anyway. It says does not need to be 1309 01:27:39,210 --> 01:27:42,090 voice. It doesn't mean it shall be voice. 1310 01:27:42,090 --> 01:27:44,400 Yes. The Constitutional reading of the note. 1311 01:27:44,610 --> 01:27:50,100 Yes. I am for total free speech. Free Speech says to me from a 1312 01:27:50,100 --> 01:27:53,880 summarized quote, I forgot who said it. I may disagree 100% of 1313 01:27:53,880 --> 01:27:56,970 what you say. But I will defend to death. Your right to say it 1314 01:27:57,600 --> 01:28:00,450 says parler is being de platformed from AWS hosting 1315 01:28:00,450 --> 01:28:03,630 company and apps removed from Apple and Android. How can you 1316 01:28:03,630 --> 01:28:07,200 stop this from happening to podcast index. Even if you were 1317 01:28:07,200 --> 01:28:10,260 to host in another country, the IP addresses can be blocked or 1318 01:28:10,260 --> 01:28:13,920 DNS entry can be taken over? Is this now a hopeless task to 1319 01:28:13,920 --> 01:28:18,150 achieve your mission and goal? Adam, I will take a stab at 1320 01:28:18,150 --> 01:28:18,480 that. 1321 01:28:19,740 --> 01:28:22,620 There's i don't know if i sent that to you today. But there's a 1322 01:28:22,710 --> 01:28:31,230 new domain naming protocol based on on blockchain that has come 1323 01:28:31,230 --> 01:28:35,280 out actually send it to void zero to mark because he's way 1324 01:28:35,280 --> 01:28:38,850 into that stuff DNS sec and all this. And he says Holy crap, 1325 01:28:38,850 --> 01:28:41,130 this could be very useful. So that usually means he's going to 1326 01:28:41,130 --> 01:28:43,200 dive in and give me a full report later. 1327 01:28:44,520 --> 01:28:45,450 But the 1328 01:28:47,370 --> 01:28:54,840 I hate to say it, it's that everyone has such a such passion 1329 01:28:54,840 --> 01:29:00,060 for building these spaces for people to you know, convene. But 1330 01:29:00,060 --> 01:29:03,930 ultimately, it does not matter what how good your intentions 1331 01:29:03,930 --> 01:29:06,870 are. And this is for us, too, by the way, how good your 1332 01:29:06,870 --> 01:29:10,200 intentions are, it has to decentralize, and it's just a 1333 01:29:10,200 --> 01:29:12,930 cycle. And I think with every cycle we're seeing more and more 1334 01:29:13,140 --> 01:29:17,910 where that has to go. And the companies can charge people 1335 01:29:17,910 --> 01:29:22,080 fairly real money, it can be little little bitty bits for the 1336 01:29:22,080 --> 01:29:25,530 experience they provide but I think the future will all be on 1337 01:29:25,530 --> 01:29:28,710 top of now. I hope it's lightning. It may be something 1338 01:29:28,710 --> 01:29:31,770 else. I mean, I'm again, not religion, religious about it, 1339 01:29:31,770 --> 01:29:37,320 but I'm putting my my eggs in that basket. All of these right 1340 01:29:37,320 --> 01:29:46,440 now today with I would say minimal work, really. group 1341 01:29:46,440 --> 01:29:50,040 chat, all of this can all be done. It's all there. It's just 1342 01:29:50,040 --> 01:29:52,500 you know, what are the choices you make and what is the 1343 01:29:52,500 --> 01:29:57,180 audience you're going after? If you're trying to build something 1344 01:29:57,180 --> 01:29:59,670 where you meet the business models don't work. None of them 1345 01:29:59,670 --> 01:30:04,140 do it. So you can't have advertising. It has to be some 1346 01:30:04,140 --> 01:30:07,170 part of network effect. And I just see no other way than the 1347 01:30:07,170 --> 01:30:11,340 truth, which is a blockchain. It has the truth of who said what, 1348 01:30:11,340 --> 01:30:16,410 when, where and how you connect it. I Am I boring now? 1349 01:30:16,920 --> 01:30:19,800 No, no advertising is censorship. It just goes back to 1350 01:30:19,800 --> 01:30:20,490 that same idea. 1351 01:30:20,520 --> 01:30:23,490 And also, if you have to pay something, especially if it's 1352 01:30:23,490 --> 01:30:27,150 really really small, the psychological effect makes you 1353 01:30:27,150 --> 01:30:30,540 much more efficient and what the hell you're doing. People won't 1354 01:30:30,570 --> 01:30:34,470 just vomit all the time with words 1355 01:30:38,460 --> 01:30:39,150 Thank you. 1356 01:30:39,420 --> 01:30:41,970 Thank you anonymous. Does that answer your question? anonymous? 1357 01:30:41,970 --> 01:30:42,570 All right, who's 1358 01:30:42,570 --> 01:30:43,530 next on the phone? 1359 01:30:46,320 --> 01:30:52,920 See, sir, sir Pete for $43.21 a good numerological is 1360 01:30:52,920 --> 01:30:54,360 that sir Pete snakes 1361 01:30:55,410 --> 01:30:59,010 is says it just says sir Pete Serpico i don't know 1362 01:30:59,010 --> 01:31:00,780 i think that's repeat from the Netherlands I 1363 01:31:00,780 --> 01:31:02,220 believe. Don't Okay. 1364 01:31:03,540 --> 01:31:07,500 Thanks, gents. Sir Pete here like Adam introduced me to the 1365 01:31:07,500 --> 01:31:09,660 term soundtrack of our lives. Oh, yeah. 1366 01:31:09,690 --> 01:31:11,250 This is sir Pete. He goes back. 1367 01:31:11,670 --> 01:31:15,240 Okay. I see so many applications of this giant leap podcasting is 1368 01:31:15,240 --> 01:31:19,800 making, among others what I like to call the narrative of my life 1369 01:31:19,800 --> 01:31:24,270 as Dave Adam, as Dave, Adam make me smarter. As Dave and Adam 1370 01:31:24,270 --> 01:31:27,150 make me smarter and excited about podcasting and nerding 1371 01:31:27,150 --> 01:31:30,690 out. Stephen Fry sues me with this art with his audio books. 1372 01:31:30,870 --> 01:31:34,290 The voices of devore and Horowitz, somehow are both the 1373 01:31:34,290 --> 01:31:37,440 cure for both a cure and entertainment in the financial 1374 01:31:37,440 --> 01:31:40,890 markets. Sure. My remark for makers would be considered the 1375 01:31:40,890 --> 01:31:45,180 usage of podcasts. To me listening to podcasts is about 1376 01:31:45,180 --> 01:31:49,050 getting fitter and smarter. listening to you brainiacs, and 1377 01:31:49,050 --> 01:31:53,970 moving about on bikes in parks, so no screen, no way to bookmark 1378 01:31:53,970 --> 01:31:57,510 my audio life and no way to stop and reward that golden insight. 1379 01:31:58,110 --> 01:32:02,730 Also, I wonder how can we make rewarding producers and makers 1380 01:32:02,730 --> 01:32:07,050 alike easy and still control listener expenditure? Patreon 1381 01:32:07,050 --> 01:32:09,960 doesn't work because it's too opaque. digital currency is 1382 01:32:09,960 --> 01:32:13,710 invisible. So who's making sure payments? payment doesn't feel 1383 01:32:13,710 --> 01:32:17,700 like a slot machine. But like appreciation for great products. 1384 01:32:18,540 --> 01:32:22,080 Anyway, excuse my random thoughts. Bottom line, love the 1385 01:32:22,080 --> 01:32:25,230 show and see a bright future for producers, makers, participants 1386 01:32:25,230 --> 01:32:28,110 and listeners alike. Keep it up now. Take my money. 1387 01:32:30,180 --> 01:32:33,750 Wow, that's beautiful. Yeah, let's do it. Sir. Pete, thank 1388 01:32:33,750 --> 01:32:34,530 you so much. 1389 01:32:34,950 --> 01:32:36,000 Yeah. Well, you 1390 01:32:36,600 --> 01:32:37,830 want an appropriate note? 1391 01:32:38,340 --> 01:32:39,390 Yeah, perfect. Exactly 1392 01:32:39,390 --> 01:32:40,350 what we're talking about. 1393 01:32:42,120 --> 01:32:47,220 Let's see. Yeah, this one's not enough. Yeah. Okay. This is Mike 1394 01:32:47,220 --> 01:32:50,430 Dell. Yeah. Mike Dell from blueberry. Blueberry. Nice. 1395 01:32:50,610 --> 01:32:51,240 Yeah, Mike's. 1396 01:32:51,570 --> 01:32:54,600 He's active on the mastodon. I see him popping in all the time. 1397 01:32:54,930 --> 01:32:58,830 Yeah, he gave us $20 a day, keeping podcasting free as in 1398 01:32:58,830 --> 01:33:02,220 free speech. He's going to get a lot more important in the next 1399 01:33:02,220 --> 01:33:03,690 couple of years. Go podcasting? 1400 01:33:04,830 --> 01:33:05,520 Oh, wow. 1401 01:33:05,640 --> 01:33:08,220 I wish you'd cued me and I should have had that lined up. I 1402 01:33:08,220 --> 01:33:09,900 should probably have this one in our 1403 01:33:11,070 --> 01:33:12,240 rotation here. Here. Let's 1404 01:33:12,240 --> 01:33:13,530 try it here. Here we go. 1405 01:33:16,410 --> 01:33:19,200 We need to defragment Mike to Oh, yes. 1406 01:33:20,910 --> 01:33:24,780 There you go. Mike. I thought he had donated before actually. 1407 01:33:25,080 --> 01:33:28,380 I don't think so. If he donated before then that's a 1408 01:33:28,380 --> 01:33:29,640 defragmenting for sarpy. 1409 01:33:30,090 --> 01:33:32,310 Oh, they Oh, well. masterpiece. 1410 01:33:32,610 --> 01:33:36,810 All the way back at the chain. Yeah. See appreciate is trying 1411 01:33:36,810 --> 01:33:42,420 to make sure is not anonymous. It's not. Okay. Raphael and 1412 01:33:42,420 --> 01:33:50,880 Agron say he's he gave us $19.84 sweet Ah, no, I appreciate the 1413 01:33:50,880 --> 01:33:54,990 ideas. This is interesting that I appreciate the ideas presented 1414 01:33:55,050 --> 01:33:59,430 with James Cridland about pot about policing podcasting. He 1415 01:33:59,430 --> 01:34:01,500 made it very clear that y'all are just about creating the 1416 01:34:01,500 --> 01:34:04,860 infrastructure for free speech with podcasting. 2.0. And that's 1417 01:34:04,860 --> 01:34:08,220 it. We're all adults here with God given free will. And we 1418 01:34:08,220 --> 01:34:10,860 truly believe that the best way to kill a bad idea is with a 1419 01:34:10,860 --> 01:34:14,970 better idea. Yep. Big Tex should have really stopped itself when 1420 01:34:14,970 --> 01:34:17,340 it decided to become the thought police and to protect us from 1421 01:34:17,340 --> 01:34:21,600 fallacies, racism and flat earthers. appreciate what y'all 1422 01:34:21,600 --> 01:34:23,880 are doing here. And I love the technical jargon even though I 1423 01:34:23,880 --> 01:34:28,620 barely know what is being talked about. 60 namespace Talk. Thank 1424 01:34:28,620 --> 01:34:31,560 you for all the hard work and entertainment keep conquering 1425 01:34:31,560 --> 01:34:35,160 the lane with the better. Hey, I 1426 01:34:35,160 --> 01:34:37,020 like these notes. This is good. 1427 01:34:37,079 --> 01:34:43,049 It's a good notes man. conquer the lane with the better. Thank 1428 01:34:43,049 --> 01:34:45,059 you for $19 and 84 Cs 1429 01:34:45,060 --> 01:34:47,670 very Machiavellian, you know, love that. 1430 01:34:48,090 --> 01:34:53,760 And our last day? Yep. Okay, he's good. Our last donation is 1431 01:34:53,760 --> 01:34:59,610 from Christopher Christopher Christopher battles. He says 1432 01:35:00,000 --> 01:35:03,990 podcasting. Thank you for your service. So more people have the 1433 01:35:03,990 --> 01:35:12,900 ability to hit others in the mouth. All right. That's our 1434 01:35:12,900 --> 01:35:15,300 that's a lot of man. That's a good note. Yeah, great 1435 01:35:15,300 --> 01:35:19,680 notes and super donations. Thank you all so much. And if we 1436 01:35:19,680 --> 01:35:22,260 missed anybody, or, you know, sometimes these recurring 1437 01:35:22,260 --> 01:35:24,750 donations come in, which are great for the server farm. 1438 01:35:25,770 --> 01:35:29,130 Really, it's a it's a server. It's a server vegetable garden, 1439 01:35:29,160 --> 01:35:32,040 I guess, really? Is it really a server farm? 1440 01:35:33,210 --> 01:35:34,080 Victory Garden, 1441 01:35:34,170 --> 01:35:36,720 hey, whatever happened to Farmville people still play 1442 01:35:36,720 --> 01:35:37,080 that, 1443 01:35:37,829 --> 01:35:41,219 man, all that crap. I was watching. I was rewatching. The 1444 01:35:41,219 --> 01:35:46,199 IT Crowd? Show. And we were I was going back and watching it. 1445 01:35:46,199 --> 01:35:50,579 And they were doing this, you know, their mock show on friend 1446 01:35:50,579 --> 01:35:53,249 face? And the take off of Facebook? 1447 01:35:53,310 --> 01:35:54,330 Oh, yes. Yes. 1448 01:35:54,750 --> 01:35:57,960 They were all into all the little games that you could play 1449 01:35:57,990 --> 01:36:01,170 all the I guess all the stuff went away. Is it 1450 01:36:01,950 --> 01:36:03,600 an irony? No idea? 1451 01:36:03,660 --> 01:36:04,830 I don't know. I 1452 01:36:05,550 --> 01:36:08,310 logged into Facebook and over a year, 1453 01:36:09,090 --> 01:36:11,490 years and years for me. Yeah. 1454 01:36:11,610 --> 01:36:12,360 I don't know if any of that? 1455 01:36:13,500 --> 01:36:22,200 No, that was a no, no time for that. So anything else? Well, 1456 01:36:22,200 --> 01:36:26,580 I'm very excited about about where we're at. And I guess my 1457 01:36:26,580 --> 01:36:30,810 question would be thinking as a very, very impatient man. 1458 01:36:32,130 --> 01:36:33,360 When it's new for you, 1459 01:36:33,869 --> 01:36:40,709 I know, right? When do you think we can have people start trying 1460 01:36:40,709 --> 01:36:46,589 this this payment system out? As in? When can developers do it? 1461 01:36:46,799 --> 01:36:47,369 Put it in? 1462 01:36:47,880 --> 01:36:50,820 Yeah, well, lm pays. You know, it's, it's just a service. You 1463 01:36:50,820 --> 01:36:52,260 can go you can go Yeah, but we 1464 01:36:52,289 --> 01:36:56,339 Yeah, but that's not ever gonna work. We need to present the 1465 01:36:56,369 --> 01:37:00,539 payments thing and yeah, and help people. We need a reference 1466 01:37:00,539 --> 01:37:04,109 implementation. What do we do? Yeah, this is your part of the 1467 01:37:04,109 --> 01:37:07,229 partnership. Dave, tell me what we're doing. When is it? Who's 1468 01:37:07,229 --> 01:37:08,189 on first? 1469 01:37:08,460 --> 01:37:12,090 Well, I've got I've got the I've worked out the postman stuff. 1470 01:37:12,480 --> 01:37:14,070 For the API examples. What 1471 01:37:14,070 --> 01:37:15,090 is what does that mean? 1472 01:37:15,360 --> 01:37:21,660 That postman is a popular API tool on your, on your desktop, 1473 01:37:22,410 --> 01:37:25,080 he's just held it, you can just do API calls with it and save 1474 01:37:25,080 --> 01:37:31,260 them. And it's a good way to, to test API calls and make sure 1475 01:37:31,260 --> 01:37:33,660 they work. And then you can package them and distribute 1476 01:37:33,660 --> 01:37:38,760 them. Okay. So that's why I was testing the API the other day, 1477 01:37:38,910 --> 01:37:42,210 and I've got a couple of PHP functions, and that I can use to 1478 01:37:42,210 --> 01:37:44,880 show you, for example, code. And so 1479 01:37:45,390 --> 01:37:52,170 yes, we need we need a flow, what someone's like a value 1480 01:37:52,200 --> 01:37:59,820 payment, integration for poets. Did you try your coffee there? 1481 01:38:02,700 --> 01:38:08,280 Yeah, most it almost came up my nose. But the so what I'd like 1482 01:38:08,280 --> 01:38:11,910 to do is write all this up. Yeah. In a white paper or 1483 01:38:11,910 --> 01:38:16,110 something. And then just like, anybody who's interested, 1484 01:38:16,110 --> 01:38:19,110 because there's some people, the other Swimmy podcast apps and 1485 01:38:19,110 --> 01:38:21,330 developers that are not there's gonna be podcast developers that 1486 01:38:21,330 --> 01:38:24,240 don't, they're not interested in this, they they're like that. 1487 01:38:24,300 --> 01:38:26,640 They don't have to, that's fine. You know, I'm not interested in 1488 01:38:26,640 --> 01:38:28,590 the money part. I don't want that. I don't want to deal with 1489 01:38:28,590 --> 01:38:33,780 that. And so that's fine. But if you are interested, then what I 1490 01:38:33,780 --> 01:38:36,540 think the best way to do it is just do like a zoom or something 1491 01:38:36,540 --> 01:38:41,730 like just do a new zoom call, and just kind of go over the way 1492 01:38:41,730 --> 01:38:44,220 it works. Because Do we have our side 1493 01:38:44,220 --> 01:38:48,240 ready with with a feeding back? So I guess the pieces that are 1494 01:38:48,240 --> 01:38:53,460 needed? is a, I presume a separate API permission level? 1495 01:38:53,460 --> 01:38:59,670 We talked about that? Yeah. And then we need to. So the apps 1496 01:38:59,730 --> 01:39:02,340 Well, they also need to have wallets, which is minor detail. 1497 01:39:03,720 --> 01:39:08,880 So we need to be able to complete some of the we have all 1498 01:39:08,880 --> 01:39:12,060 the pieces for handing back the split and being able to add in 1499 01:39:12,060 --> 01:39:15,630 the app ID as well. Yeah, yeah, that's 1500 01:39:15,630 --> 01:39:15,990 all there 1501 01:39:16,470 --> 01:39:19,290 is. I'm sorry, no one sent me the memo is someone 1502 01:39:20,460 --> 01:39:23,490 that's always that's always been there. That's best. That's the 1503 01:39:23,490 --> 01:39:27,330 default that change will be that we won't hand back the splits 1504 01:39:27,600 --> 01:39:30,090 unless you have the other permission level. 1505 01:39:30,119 --> 01:39:32,849 Right. And but when we have the way to hand back, the 1506 01:39:32,849 --> 01:39:36,239 appropriates splits and then I guess, as you already announced 1507 01:39:36,239 --> 01:39:40,859 the work on podcaster wallet, has to we got to do something 1508 01:39:40,859 --> 01:39:44,549 with that to make it easy for podcasters to get going because 1509 01:39:44,609 --> 01:39:48,869 basically they're just going to need a wallet and the splits, 1510 01:39:48,869 --> 01:39:50,849 right. They just need a place for it to go. 1511 01:39:51,450 --> 01:39:54,660 Yeah, which which will be lm pay, and I'll show everybody how 1512 01:39:54,660 --> 01:39:55,410 to use that 1513 01:39:55,530 --> 01:39:58,110 and that will leave from the get go be able to put in a different 1514 01:39:58,110 --> 01:39:59,100 note if they wish. 1515 01:40:00,000 --> 01:40:01,080 Do you mean a different news? 1516 01:40:01,320 --> 01:40:05,460 podcast or not? Not the listener the podcaster. So though, so 1517 01:40:05,460 --> 01:40:08,340 yeah, so I'm saying a fresh podcasts or shows up, I'm 1518 01:40:08,340 --> 01:40:11,880 jumping the gun a little. Okay, I want to get that I want I want 1519 01:40:11,880 --> 01:40:15,150 this for my podcast, go to podcast a wallet.com. Do you 1520 01:40:15,150 --> 01:40:18,630 have a wallet? No, you have one created. Click here to learn 1521 01:40:18,630 --> 01:40:21,180 more about getting your own node and the advantages, you know, 1522 01:40:21,300 --> 01:40:22,530 learn that on your own time. 1523 01:40:22,920 --> 01:40:28,500 Yeah, so the what the podcaster wallet site is it's a, it's a 1524 01:40:28,500 --> 01:40:33,120 dumpster fire, it's a pile of garbage, like it is, it's 1525 01:40:33,120 --> 01:40:37,860 something that we had to bake really quick in order to get 1526 01:40:37,890 --> 01:40:43,920 space. Yeah. But then thinks had this thinks had scalability 1527 01:40:43,920 --> 01:40:46,080 problems. So they couldn't fire up nodes, because the original 1528 01:40:46,080 --> 01:40:49,320 intent there was that you get a podcaster wallet, you would 1529 01:40:49,320 --> 01:40:51,600 verify your podcast, which is 1530 01:40:52,230 --> 01:40:54,210 what that process works, that part works. 1531 01:40:54,480 --> 01:40:58,410 Sometimes, sometimes it works. That's the other part, like 1532 01:40:58,410 --> 01:41:01,920 James Cridland had trouble because it's it? Well, that's a 1533 01:41:01,920 --> 01:41:05,730 whole different deal. It, I'm gonna make that better, I'm 1534 01:41:05,730 --> 01:41:11,550 gonna fix it. This, like I said, it was all half ass. So you, you 1535 01:41:11,550 --> 01:41:14,700 go, you go through there, and you just verify that you own the 1536 01:41:14,700 --> 01:41:18,120 feed. And then the idea was that you can either put in your own 1537 01:41:18,120 --> 01:41:21,540 node in that works, you put in your own node ID, right, or you 1538 01:41:21,540 --> 01:41:24,360 could click a link as things link, and it would fire up a 1539 01:41:24,360 --> 01:41:28,410 tribe for you, and then hand us back your new node ID, right. 1540 01:41:28,410 --> 01:41:32,760 And that would get straight into index, right? Because most, 1541 01:41:33,150 --> 01:41:36,810 because the the value, the value tag is not supported by the host 1542 01:41:36,810 --> 01:41:39,090 yet. So you got to be able to wait to get have a way to get it 1543 01:41:39,090 --> 01:41:43,920 in the index. Right. And, and by and by the way, this permission 1544 01:41:43,920 --> 01:41:48,060 level for the API. And that's open for anybody, you don't have 1545 01:41:48,060 --> 01:41:54,000 to be a podcast app. So if a podcast host wants to use that, 1546 01:41:54,150 --> 01:41:56,430 and that's fine, too, then they can get it, they just you just 1547 01:41:56,430 --> 01:42:00,750 set it would have to ask for a different key, just you know, 1548 01:42:00,750 --> 01:42:03,570 different key but a different, you'd have to ask to have your 1549 01:42:03,570 --> 01:42:07,410 permission, your API key upgraded. So that that's 1550 01:42:07,410 --> 01:42:11,340 available to anybody. But the that was the original intent, 1551 01:42:11,340 --> 01:42:15,120 but then the link broke because they couldn't scale because they 1552 01:42:15,120 --> 01:42:17,970 were not able to spin up nodes. And so you would click this 1553 01:42:17,970 --> 01:42:20,850 fixed links link and it would just mom, right. So it didn't 1554 01:42:20,850 --> 01:42:26,520 work. The whole idea didn't work. But so on the and then the 1555 01:42:26,520 --> 01:42:30,030 podcaster wallet.com thing is purely for if you are the owner 1556 01:42:30,030 --> 01:42:33,870 of a podcast, right, exactly. And so hopefully we're you know, 1557 01:42:33,870 --> 01:42:37,200 we're also working with granite voltage, we're gonna try to get 1558 01:42:37,200 --> 01:42:37,560 some. 1559 01:42:38,520 --> 01:42:41,040 Yeah, good podcast, podcast videos. 1560 01:42:41,070 --> 01:42:45,240 Yep. Yeah. So we just want to have a couple options for people 1561 01:42:45,240 --> 01:42:48,360 to be able to spin spin up nodes, if you're a podcast 1562 01:42:48,360 --> 01:42:51,720 owner, is then the Ellen pay that. So that's the podcaster. 1563 01:42:51,720 --> 01:42:56,010 side. Ellen pay side is for the podcast app. And that's for the 1564 01:42:56,010 --> 01:43:01,230 listener side. And then so anyway, this, this will 1565 01:43:01,230 --> 01:43:04,050 hopefully what I'm going to be doing over the next few weeks is 1566 01:43:04,050 --> 01:43:08,520 trying to get all this stuff pulled together. And, and I'll 1567 01:43:08,520 --> 01:43:12,000 just communicate with everybody on the mastodon instance on 1568 01:43:12,090 --> 01:43:15,150 like, I'll just give everybody updates and what I'm doing and, 1569 01:43:15,420 --> 01:43:18,300 and then at some point, I'll schedule, anybody who's 1570 01:43:18,300 --> 01:43:21,690 interested in any of the podcast app developers, y'all can all 1571 01:43:21,690 --> 01:43:24,750 just say, yeah, hey, I'm interested in we'll just do a 1572 01:43:24,750 --> 01:43:27,780 big group, like zoom call, and I'll just kind of run through 1573 01:43:27,780 --> 01:43:30,330 everything and show how the flow works. Oh, 1574 01:43:30,330 --> 01:43:31,800 my God, I'm tingling. 1575 01:43:33,270 --> 01:43:34,350 I love this. 1576 01:43:35,130 --> 01:43:37,860 You run it down your leg? Yes, 1577 01:43:37,920 --> 01:43:38,640 yes. I'm 1578 01:43:38,640 --> 01:43:39,420 Joe Biden. 1579 01:43:40,140 --> 01:43:42,570 No rats running up your leg down. 1580 01:43:43,980 --> 01:43:45,870 As two different ladies. That's your 1581 01:43:45,870 --> 01:43:49,620 political humor for the show this week. All right. 1582 01:43:50,940 --> 01:43:51,990 that I think will happen. 1583 01:43:52,020 --> 01:43:56,220 So that's that's all I got. I'm, I'm super pumped. I cannot wait. 1584 01:43:56,940 --> 01:44:00,600 I cannot wait. I'm so excited about this. Yeah. 1585 01:44:01,410 --> 01:44:06,030 I'm just, I'm pumped to because I'm, I just think this if people 1586 01:44:06,030 --> 01:44:10,050 can get paid. It just changes the whole if people can get paid 1587 01:44:10,050 --> 01:44:12,570 without advertising, it just changes the whole game. 1588 01:44:13,080 --> 01:44:17,250 And yes, it does. And the idea that, and this is why I've 1589 01:44:17,250 --> 01:44:19,530 always tried to stick to that one minute, you know, payment 1590 01:44:19,530 --> 01:44:22,380 per minute. When you're looking at your wallet and you just see 1591 01:44:22,380 --> 01:44:25,710 these, you know, literals fractions of a penny. It doesn't 1592 01:44:25,710 --> 01:44:27,840 matter. You see it come in. It's like, Oh my god, someone's 1593 01:44:27,840 --> 01:44:32,820 valuing this. Yeah. This is how they're valuing. And, you know, 1594 01:44:32,820 --> 01:44:37,710 and especially on like, in Spinks chat, I get half of this 1595 01:44:37,710 --> 01:44:41,190 and I see payments come through, like, oh, seven SATs, and it's 1596 01:44:41,190 --> 01:44:44,880 like 20 SATs sometimes and that boosts the boosts are Whoa, 1597 01:44:44,880 --> 01:44:49,020 that's bank right there. Yeah. The more I say the more the more 1598 01:44:49,020 --> 01:44:52,500 features you can build that let people boost which is you know, 1599 01:44:52,500 --> 01:44:56,490 can be a it could be 10,000 SATs at one time and people do all 1600 01:44:56,490 --> 01:44:59,430 kinds of stuff. You have no idea how they are someone else value 1601 01:44:59,430 --> 01:45:03,390 stuff. That's money in the bank for everybody. Oh, yeah, there's 1602 01:45:03,870 --> 01:45:07,200 crazy town when you see that happen. It's like, wow, whoever 1603 01:45:07,290 --> 01:45:08,700 just got $1 like, hey, 1604 01:45:08,700 --> 01:45:11,220 transistor. Oh, you know transistor? Oh 1605 01:45:12,840 --> 01:45:14,310 3333 1606 01:45:14,610 --> 01:45:17,700 Yeah, that guy's dropping 30,000 cents in the time like, boom, 1607 01:45:17,700 --> 01:45:18,330 boom, boom. 1608 01:45:18,989 --> 01:45:24,239 Yeah. Which is what 30,000 SATs is 10 bucks? 1609 01:45:24,660 --> 01:45:27,300 Yeah. I mean, like, man, he'll do he'll just hit it. He'll 1610 01:45:27,300 --> 01:45:28,680 have three four times. I know. 1611 01:45:28,710 --> 01:45:31,680 Yeah. That's what I'm saying. That's what I'm saying a while 1612 01:45:31,680 --> 01:45:33,660 ago. I mean, there's gonna be people that are gonna drop big, 1613 01:45:33,720 --> 01:45:37,410 big money into into their wallets, because they, they have 1614 01:45:37,410 --> 01:45:41,010 the money. And they want to support you. Yes, 1615 01:45:41,580 --> 01:45:44,760 yes. And this benefit when they are supporting everything. I'm 1616 01:45:44,760 --> 01:45:47,730 supporting the whole, I'm supporting the app, the index, 1617 01:45:47,730 --> 01:45:50,580 maybe the host. I'm supporting this. Oh, yeah, it's great. 1618 01:45:51,060 --> 01:45:57,540 Is it wrong to think that? Is it? I'm not trying to say this. 1619 01:45:58,650 --> 01:46:08,010 I just don't think that a pod caster should get paid. Without 1620 01:46:08,010 --> 01:46:13,050 the app getting something? Absolutely. I just it's like, 1621 01:46:13,470 --> 01:46:17,490 it's our mission. It's it's the we we put the rules of the road 1622 01:46:17,490 --> 01:46:20,760 in place. We get to determine we're building the road, we get 1623 01:46:20,760 --> 01:46:24,120 to determine it. If people want to build another road, okay. 1624 01:46:24,150 --> 01:46:27,150 might be better. We'll see. They have to be linked together. 1625 01:46:27,780 --> 01:46:29,280 Otherwise, otherwise, every 1626 01:46:29,280 --> 01:46:35,070 everybody goes away. Yeah, I think I think the one thing I 1627 01:46:35,070 --> 01:46:38,370 can I did back to the beginning of the show, President Trump has 1628 01:46:38,370 --> 01:46:45,120 shown people intentionally or not a lot of how the value 1629 01:46:45,120 --> 01:46:49,170 proposition works. So many people now understand. If you're 1630 01:46:51,060 --> 01:46:54,540 if it's for free, then you are the product. I think this is now 1631 01:46:55,140 --> 01:46:59,220 regular parlance. People say this and the same. But now 1632 01:46:59,220 --> 01:47:04,530 they're seeing the downside to that. And I'm very happy I'm I 1633 01:47:04,530 --> 01:47:07,410 think really, it's been a beautiful period for us. It's 1634 01:47:07,410 --> 01:47:09,900 like, oh, my goodness, look, could you see it now? People do 1635 01:47:09,900 --> 01:47:15,030 see where the answers are and aren't. Yeah, and and people you 1636 01:47:15,030 --> 01:47:17,250 know, they go I'm going to signal Oh, that's not the answer 1637 01:47:17,250 --> 01:47:20,130 either. So eventually, they'll come in. And once we have 1638 01:47:21,000 --> 01:47:25,440 lightning network, running through some apps, then all the 1639 01:47:25,440 --> 01:47:30,150 questions will be answered. How do we do a centralized chat? How 1640 01:47:30,150 --> 01:47:33,330 do we do community chapters all these questions will be 1641 01:47:33,330 --> 01:47:37,860 answered. And it's not in the it's not a left right thing 1642 01:47:37,860 --> 01:47:42,270 because we only remember back we have short memories, but 1643 01:47:42,270 --> 01:47:45,810 remember back in the 60s when everybody was protesting 1644 01:47:45,810 --> 01:47:48,990 Vietnam, oh, and the and the right was trying to shut 1645 01:47:49,590 --> 01:47:50,790 the left down. Oh, yeah. 1646 01:47:50,850 --> 01:47:54,870 Oh, yeah. And and Matt Taibbi has a fantastic set of articles 1647 01:47:54,870 --> 01:47:58,020 right now called meet the censored Yes. He's chronicling 1648 01:47:58,050 --> 01:48:01,110 people on the left that are being d platformed. And other 1649 01:48:01,110 --> 01:48:03,270 guys, just go ahead. 1650 01:48:03,330 --> 01:48:04,140 No, please. 1651 01:48:05,010 --> 01:48:09,150 No, I was just saying just like for every Alex Jones, there's 1652 01:48:09,180 --> 01:48:15,570 some buddy who is a who is in the anti Israel Israeli 1653 01:48:15,570 --> 01:48:18,240 occupation movement. Who's equally getting silenced. Yeah. 1654 01:48:20,790 --> 01:48:23,250 So it's, 1655 01:48:24,690 --> 01:48:29,670 it's, I'm full of passion for this. I really am. Alright, 1656 01:48:29,670 --> 01:48:33,870 Dave. Is everything done yet? So it working No, but 1657 01:48:36,150 --> 01:48:39,480 it'll be okay baby. I love 1658 01:48:39,480 --> 01:48:42,960 doing this with you. Dave Jones, we have we have been preparing 1659 01:48:42,960 --> 01:48:48,900 for this for 10 years. Yes, we have admitted This is we knew we 1660 01:48:48,900 --> 01:48:52,350 knew one day we do something that meaning for more than just 1661 01:48:52,350 --> 01:48:52,800 us. 1662 01:48:53,010 --> 01:48:57,570 Yeah. When one day, it feels good to have something that 1663 01:48:57,570 --> 01:49:01,200 works. That you don't have to spend 45 minutes explaining to 1664 01:49:01,200 --> 01:49:02,310 somebody how to install it. 1665 01:49:04,440 --> 01:49:08,160 That is a nice feeling. All right, buddy. You have yourself 1666 01:49:08,160 --> 01:49:11,430 a great weekend. Man. We're doing a What do you want to call 1667 01:49:11,430 --> 01:49:16,470 tomorrow? Right? Yeah, well, we'll get on the time that's, 1668 01:49:16,800 --> 01:49:19,950 that's our actual quarterly meeting. That's all hush hush 1669 01:49:19,950 --> 01:49:21,210 and secret. We don't talk about that. 1670 01:49:22,710 --> 01:49:25,800 That's it everybody. Enjoy your weekend. Can't wait to get some 1671 01:49:25,800 --> 01:49:29,460 sides flowing and value sliders. We'll see you next week right 1672 01:49:29,460 --> 01:49:30,480 here on podcasting. 1673 01:49:47,460 --> 01:49:52,020 You have been listening to podcasting 2.0 visit podcasts 1674 01:49:52,050 --> 01:49:56,550 index.org for more information. podcasts are cool.