The Monerotopia Weekly News segment is sponsored by WizardSwap.io, a non-custodial cryptocurrency exchange.
All right, we got a wizard swap up here one of these days, too.
A lot of instant exchanges out there right now, so they're all, you know, they're all competing.
And obviously some are, I guess, better than others in terms of price, in terms of whether or not they shock on KYC.
But it's interesting to see the amount of them.
And I think, you know, a lot of that ecosystem is growing out of the, you know, the need there for people to get into Monero, right?
So the instant exchanges have really been a very large on-ramp off-ramp for people.
This is, yeah, this is very much true.
And I like WizardSwap in the, the stances they take that most instant exchanges can't do or aren't willing to do.
So anyways, that being said, let's get into the news.
Hold up my screen here.
We've got 353 live viewers right now.
Keep, keep getting the word out, guys.
Retweet it, share it, grow it.
All right, guys.
So first news link here.
We've got a tweet from Click Wireless as a privacy and security-focused nationwide wireless provider that has solved the SimSwap attack problems.
Oh, wait, bring up your screen.
Are you showing the screen?
Oh, I shared it.
Let's bring it up.
There we go.
Sorry, guys.
First news link is a tweet from Cloaked Wireless as a privacy and security-focused nationwide wireless provider that has solved the SimSwap attack problem.
Should we accept hashtag Monero in addition to BTC and credit cards?
And overwhelmingly majority of this poll was yes, Monero for extra privacy.
So based on this poll result, it looks like Cloaked Wireless will most likely add support from Monero.
Cloaked Wireless is a more privacy and security-oriented service, cellular service provider, and they take extra care to not just let some underpaid support staff give away your access to your phone number.
If because somebody says it's theirs, claims it's theirs.
Very cool.
And they accept Bitcoin right now and looks like they'll accept Monero very soon.
So awesome.
Good to see that.
I'll definitely be trying their service out if they accept Monero.
That's a pretty big deal.
Yeah, I've been DMing with them.
I told them once they add, we can add them to Adoption Alley and get them up on XMR Bizarre as a Monero accepting business.
That'd be super cool.
Yeah, we have a lot of other great options for phone numbers.
Like Silent Link and JNP.Chat, but those ones are JNP.Chat's VoIP number and then Silent Link is inbound only not out.
This would be one of the first ones that lets you actually do in and outbound SMS and voice with a real phone number is what it looks like with the monthly plan.
So very cool.
Very cool to see that.
Next up we get a tweet from Jeremy Kaufman.
I saw this one earlier this week.
It's pretty funny.
I'll go ahead and play this video.
The FBI visited my house today for free speech acts.
They knew we're not crimes.
You can see the shame on their faces.
This is the Democratic regime manifest.
Let's play this video.
Yeah.
Here we are.
This is like the most badass.
Can you give your full name, please?
Welcome.
Is that sufficient to identify as the only one Adonal affiliated with the FBI?
Could you please state your full name, sir?
Could you please stop recording?
No.
It's the first member, right?
What's your name, sir?
Can you please stop recording?
Absolutely not.
You can show me your name and identification.
Oh, I'm going to go back and set my house.
I don't really want to broadcast.
Oh, this is going out right after you guys walk away.
So you can show me your name or ID.
You can walk away.
I'm not going to talk to people
who claim to be federal agents
unless they can show me identification.
Do you see our badges?
I need to see...
Is your full name on that badge?
No.
I'd like to see something with your full name
or I'm not going to talk to you.
This will be going online as soon as you walk away.
All I want to do is talk to you about a post that was made.
I want to talk to you about you guys coming here.
Say you make a salary of, I don't know what, low 100k.
You guys making six figures?
Factor in 50% expenses, overhead, maybe 100% expenses.
I'm talking about burning a couple hundred dollars an hour just here,
let alone all the time you guys are spending
to investigate something that you know is not against the law.
So then why would you come?
No, you're coming because you're part of a regime
that does this kind of thing
when you know laws aren't being broken.
And that's an embarrassment, man.
Didn't you guys read the Constitution?
Do you not believe in America?
Like how do you do your jobs and go home?
You're walking away.
Because nothing we did is against the law
and you guys are fuckheads that try to act like bullies.
And I hope you go home and are embarrassed.
You can't even say your name on camera
because you know that what you're doing is embarrassing.
You know Americans that believe in the Constitution
think you're laughable.
And you go home and you think about what you did today.
Go home and think about it.
You coward.
Drive away.
Thank you for your time.
You're not welcome.
You should be embarrassed.
Embarrassing.
You guys are embarrassing.
This is insane.
I mean, he really nailed it.
He owned that moment.
We've had Jeremy Kaufman on the show before.
He's the creator of a library, which the SEC went after.
Yep.
And he's one of the original founders
of the Free State Project.
Can I remember correctly?
Yeah.
It's funny how he treated them like little children,
like dad, go to your room.
Don't think about what you've done.
It's great.
They were coming to his house.
The way he owned that conversation,
because they're like, we're here to talk to you about it.
And then he just stopped them right there.
He's like, well, I'm here to talk to you about this.
And that was it.
He just owned it at that point.
And it's true.
Why are federal agents showing up at people's homes
in their black SUVs knocking on their door
and intimidating them about things
they've posted on the internet?
Yeah.
I don't even know what this was relating to specifically.
And they're admitting there was no law broken.
Yeah.
We just came to talk to you.
So now the federal government is just
going to come and knock on our door
and give us advice on how we should be doing things,
even if we're following the law.
That is just, wow, complete overbreach
and a real fuck up on their part.
Because I mean, this thing has gone completely.
I mean, this has been happening for quite a while,
but I'm glad that someone like Jeremy Kauffman
can totally just get in their face
and basically tell them to fuck off.
It's great.
Cecil, tip, 25 cents.
Go home and think about what you did.
This is funny.
I think we had another couple of super chats up here.
I don't know if these are read.
I know UK tip, 25 cents.
Thank you, DevRick.
And XMR PDP, tip $1.
Thank you, Senita, for hosting last week
while Doug was busy.
Doug, he's in the chat for DevRick and Senita.
And yes, Roy, the link will be in the description
once they get uploaded after the stream to all the tweets.
All right.
So next up, we've got a tweet from Mr. Brainship Elon.
Uh, troubling.
Hillary Clinton suggests yelling Americans
for posting misinformation.
Engaged and boosting Trump back in 2016.
But I also think there are Americans
who are engaged in this kind of propaganda.
And whether they should be civilly
or even in some cases criminally charged
is something that would be a better deterrence
because-
I mean, is this even really like
surprising?
Is it even really news?
That Hillary Clinton wants people to go to jail
for misinformation or prosecuted misinformation.
Air quote.
Air quote and misinformation.
Scary, though.
Let's move on.
We've got a tweet from Steven Stone here.
This is a relation-
This is scary.
This is scary, yeah.
To, yeah, I think there's probably more context.
Just I'll go and just play the video.
I'll read the tweet.
Hope you're enjoying the news
that your government can readily
detonate pagers.
Just know that your smartphone
has a lot more potential power than an old pager.
Here's a video of an iPhone being induced to explode.
So this is in reference to
what happened over this past week
where I guess some people,
some Hezbollah people,
people who are a part of Hezbollah
working for Iran
had everyone seen the clip at this point.
They had a pager
and it just basically blew up in their hands
very violently.
And people are
figuring out exactly how that happened.
What was going on there?
Was it that they blow up the battery?
Was it, like, did it have bombs inside of it?
And I'm not the person to be able to speak on that.
I think in the current research,
it's kind of been determined
that it was a supply chain hack.
I think that's what it looks like.
The phones are coming out of Hungary.
I mean, the beepers.
The beepers were, like, produced in Hungary.
So, you know, like, the state, whatever,
the agents involved in this,
sounds like they overtook this production, right?
The production of beepers.
They somehow, you know,
whether they took over the entire company
or own it and started producing.
Very impressive nonetheless.
Now, this people saying that it was the battery
that blew up, it's almost certainly definitely not.
I mean, as you can see in this clip here,
yeah, they caused this phone to violently explode.
Maybe not quite as badly as it did in the,
what actually happened over this past week.
But they're using probably,
they're using a tool to induce heat into the phone,
causing the battery to rapidly heat up
is what it looks like to me.
I don't have any other context around this clip.
There's a couple other tweets here.
You can't just make a phone's battery
just blow up like that.
You need some kind of external source,
like making it rapidly heat up to do that.
The only other way is if there was
pre-planted explosives inside the device.
So yeah, I don't know.
I mean, can't you like overclock these things potentially?
Override systems and no, I mean, the phone itself.
I doubt that there's a way that the phone itself can
cause itself to heat up that rapidly
in order to make the battery explode
like we just saw in this clip.
Now phone batteries can overheat and catch on fire.
Which we've seen with phones like the Galaxy Note 7.
But that's a very different situation
where it's not exploding.
It's more of like catching on fire, right?
How about a Tesla or, you know, these motorcycles,
these electric bikes that blow up already on their own?
I mean, there's so many devices.
I mean, the real eye-opener here is,
all right, so maybe they're not being hacked
and then caused to blown up.
But this concept of taking over the supply chain,
manipulating the supply chain to put a bomb in it,
like small bombs has been proven.
So, you know, if we see it here,
they could probably do it to many more things.
And it's like, then how cheap could they potentially make it?
Could it be monetized to the point where
like everybody's refrigerator can blow up at will
when they want to blow it up?
Like, I mean, who knows, right?
I mean, it's just showing proof of concept.
It's pretty scary stuff.
You got a super chat from definitely not body, $1.
This is reminiscent of what's happening in the UK.
FBI trying to normalize having conversations with your tweets.
Yes, I've seen a lot of clips of police or, you know,
federal agents in the UK coming to people's houses to,
oh, we just want to chat, we just want to have a talk
about these things that you said
or this thing that you believe in that, you know,
we don't want you to, you know,
just want to have a talk, you know?
Pretty dystopian.
And yeah, they're trying to do that in the US as well.
But I think they're going to be met with at least some more
amount of resistance in the United States than in the UK
with that happening.
Let's move on to the next story.
Wow, we've just got terrible people after terrible people.
A tweet from Gavin Newsom.
I just signed a bill to make this illegal
in the state of California.
You can no longer knowingly distribute
and add or other election communications that contain
materially deceptive content, including defects,
meaning manipulating a voice in an ad like this one
should be illegal.
I'll be sending a bill a matter of weeks
to make sure this Elon Musk retweets
altered Kamala Harris campaign ad,
which this as far as I understand is just a parody
and probably obviously a parody.
And I guess Gavin Newsom wants to make this illegal
in California, so no more parodies, guys.
You can't be funny anymore.
That is like one of the most important aspects
of free speech is protecting the ability to parody.
If you can't parody things, you can't make fun of things,
you can't comment on things.
You've been silenced in terms of being able
to speak out against shit you don't agree with.
We got a tweet from Minera Bowl here.
Lightning is over and we're showing a picture of a graph
of nodes, channels, network capacity, and capacity per channel.
So I guess the amount of channels suddenly dropped off
for some reason and the amount of nodes
has also quit rapidly dropped off.
I imagine this is due to the closing of several.
If this is true, probably the closing of several
lightning apps that people have had to migrate away from
and network capacity has gone way down.
And I guess this chart comes from this website,
bitcoinvisuals.com.
Not sure how they're measuring stuff or if it's accurate.
I think we got a reply from Seth here.
Pretty sure that's a bug on the side.
Doesn't seem to make sense.
It doesn't match other Ellen metrics like this.
So maybe it's not true.
As Memphis without space reporting,
something totally, totally different results
where we actually have a large spike in lightning network nodes.
So whichever one it is, I have no idea.
But who cares?
Ellen sucks.
Who cares?
That's kind of my take.
I'm just like whatever.
Just use Minera.
Yes.
Next up, I got a tweet from Hakan.
Prosecutors appear to be able to
ashtrix, ashtrix, de-anonymize Tor
by tapping servers for years and doing timing analysis.
I don't think this is anything new.
In one case, Ricochet related to CSAM,
they did this four times or to telco provider
to an end of customer connecting to entry node.
This isn't really anything.
Okay.
This is all German.
I don't even know if I can open this.
Maybe Brave will translate for me.
I don't think this is anything new.
I mean, this has been known about for a long time
is that you can do network timing attacks
and you can obtain the IP of someone entering
via an entry node
and try to correlate with timing attacks.
I mean, it's the same thing with VPNs.
It's just a lot harder with Tor.
If Devrick's still around when we get the viewers on stage,
I think he has some good insights into Tor.
I mean, maybe if you want to chime on that.
Let's go to, oh, yay, a clip from Michael Saylor.
You're imagining a world where the governments
and the banks aren't going away.
They aren't going away, Saylor.
My point is, wouldn't you like for JP Morgan
to just pay you 5% of your Bitcoin value risk-free?
I mean, ideally, I'd like 500%,
but I want to keep my Bitcoin more
than I want the 5% or the 500% chasing after that.
No one's going to pay 500% interest on a loan.
Yeah, and I think the 5% as well.
I mean, if everybody's got their Bitcoin in 5%,
well, how are you going to make more Bitcoin?
Eventually, you're going to have more Bitcoin needs
to be paid than there is Bitcoin in existence.
I'm not talking about issuing more Bitcoin.
I'm saying that the current risk-free rate,
if you have money at JP Morgan,
you put in a money market that pays 550 basis points.
So wouldn't you like to get 550 basis points
on your Bitcoin balance without converting it to dollars, right?
Right now, you have to convert it to US Treasuries
to get 550 basis points.
But if you do it, it's effectively risk-free.
I mean, it's pretty close to risk-free.
It's not. I don't think it's risk-free.
I think it's, it works with...
Yes, the US government fails.
I mean, the US government's not going to let JP Morgan fail.
Yeah, but the US government has already failed several times
over the last century.
In 1934, they defaulted on gold.
In 1971, they defaulted again on gold.
Okay, well, fine.
So now you're going all maxi on me.
But if that's the point, let me just make the point
that there's no way that El Salvador is going
to pay their expenses without selling their Bitcoin
if no one's willing to give them yield on Bitcoin, right?
And you're a world, if you have expenses,
you're going to have to sell the asset.
But you're going to have incomes.
So you cover your expenses from your income
and you keep stacking sats
and you grow up your stack forever.
Well, the point is, if the capital doesn't generate a return,
it's a non-performing asset.
So you need to address the issue.
If I put $100 billion into Bitcoin and I get 0% yield,
that's just as bad as I have $100 billion
in US bonds that pay 0% yield.
In both cases, they're non-performing assets.
I'm going to have to sell my house, my kids,
my whatever to pay my hospital bills
if I don't get any yield off of my assets.
It's non-performing.
Look, I'm not saying there's anything wrong with it
and I'm not saying you shouldn't do it.
I'm just saying that in a world in which
the money supply is fixed
and there's no lender of last resort,
in a world in which JP Morgan
doesn't have a magic money printer
because JP Morgan prints money.
It's not just the US government
and the Federal Reserve that print money.
JP Morgan is also able to print money
and they can borrow from the Federal Reserve
at the lowest interest rate.
So in that kind of fiat privilege system,
they are able to offer you 5%
because they are printing that money.
They're going to be able to pay you.
They make the billion dollars that they lend you
in the first place out of thin air
and then they get money from the interest
that they make on other people's billions of dollars
that they made out of thin air.
That game stops in Bitcoin.
There's no lender of last resort.
So now if you're a 22-year-old
and you have a business idea,
you need to find somebody to get you equity
and I don't see that as a problem.
Why is that a problem?
You get equity.
You share in the upside.
You share in the downside.
10 years from now, we're not,
we're still going to have the dollar,
say, Fideen.
We're still going to have banks.
We're still going to have governments, right?
You're imagining a world
where the governments and the banks go away.
It's not...
Seller is the opposite of a crypto-anarchist.
He just doesn't get it.
He never got it.
He was a complete laggard.
He didn't get into Bitcoin until what, 2020?
I mean, the guy, he never understood it.
He never got it.
Me or you guys,
you're going to hit up my buddies at JPMorgan,
just add a couple zeros to the money supply.
I mean, he did get it in that,
ultimately, that is what Bitcoin offers, right?
It's digital property and that's what he sees it as.
And he doesn't see it as money because it's not.
It doesn't function while it's money.
Safe Fideen, on the other hand,
wants it to be what Monero is,
use, people live off of it, spend it.
But it doesn't function well for those purposes.
Got a super chat from Nihilist.
50 cents.
We've had tour timing to actually putting a VPN
in front of it.
This will mix you with other users.
Yeah, I agree.
This is a surprisingly controversial opinion
to have in subspaces.
But yeah, I think it can benefit you
using a VPN in front of Tora
if you're extra targeted for whatever reason.
Anyway, let's go ahead and see we've got
a couple more here.
All right, we've got...
Hey, Tux, Tux,
you're going to be given a workshop
down at Monero Topia, right?
That's correct.
Fantastic.
And it's going to be...
Graphino S.
Graphino S, yeah.
Yeah, another cool one would be just like
how to use the internet anonymously, right?
Like best practices
I don't know.
That could be cool.
Cool concept too.
I mean, part of the reason why it's
the using VPN in front of Tora
thing is controversial
is because the people who set up Tora
and want people to use Tora,
they want it to be normal users using Tora.
But if everyone's using a VPN,
then it kind of, I guess in a way,
devalues the air quote,
normal user using Tora.
But in reality, using a VPN does can improve.
So it hurts the network security overall?
Like reducing the latency?
Not necessarily.
I do see an improvement on an individual use though
for using a VPN over Tora.
Yeah, I mean, it's a VPN.
And if they get the VPN on IP,
VPN companies can be subpoenaed
to give information and all that,
but it's an extra layer
that helps ultimately
and it helps to solve the timing attack a bit better.
We had that guy on last week
who was all about Tora.
He gave a really good talk on it.
And I think he's going to be coming down to Monarotopia.
Maybe we'll have him run a workshop.
All right.
We got a tweet from Myra Hurley.
Trump did a Bitcoin transaction.
No, we just showed everyone how bad Bitcoin's UX is.
Let's walk through what happened.
Air quote Trump did a Bitcoin transaction.
What do you see in the video?
Everything is pre-filled on the phone,
which is then handed to Trump.
All you need to do is scan the QR code right there.
Something goes wrong.
So the person next to Trump takes the phone
and tries to scan.
Someone did a Bitcoin transaction in front of Trump.
Something else goes wrong.
So yet another person takes over the phone
to scan the QR code.
What do we see?
The app being used is strike,
not the Bitcoin base layer.
Someone did a lightning network transaction
in front of Trump.
Only even that is wrong.
Strike is not a self-custodial wallet.
A custodial wallet is a wallet
where a trusted third party manages
the private keys on your behalf, like strike.
Someone used a trusted third party
to do a lightning network transaction
in front of Trump.
The video continues.
After taking over the phone and scanning,
the guy partly says,
and fantastic, it went through.
Only it didn't.
Cash only shirt guy takes the phone
and the tablet tries to figure out
what went wrong.
Scans the QR code again.
Waiting.
Oh, it did go through.
But did it really?
First of all, this wasn't on chain.
It wasn't even using a self-custodial
lightning wallet.
It used custodial strike.
Where is strike available?
Strike is available to all U.S. residents
and residents of Puerto Rico,
including New York and U.S.
other territories and possessions.
Please note that it isn't possible
to create an account
if you live in an unsupported region.
Someone used a trusted third party
to do a lightning network transaction
in front of Trump
using an app the people in the bar
can't even install.
Even the eventual completion
of the transaction is doubtful.
The guy quickly puts away the tablet
or phone rather than proudly showing
off the completed transaction.
Yes, I'm being very cynical here.
I'm happy at how far we've come
to have a presidential candidate
interested in crypto.
But this was a terrible showing for crypto.
Is this what people expect
from the future of money?
This was presumably a scripted event
with people thinking through
the very best way to show off Bitcoin.
Yet the best we can do
is a minute long video
of someone trying to pay on his behalf
using a custodial wallet
that isn't available to the people of New York.
Come on.
We needed me to bust through the door at that moment.
Oh, it did go through.
All right, we're done.
First transaction by a president
on the Bitcoin protocol.
That's great.
Hello, everybody.
I got to go back and see them.
Well, let's go.
Come on.
Right this way.
Thank you, everybody.
Sir, what's your reaction
that's an interest rate set?
So that was pretty much it.
He was not the first Bitcoin transaction on the Bitcoin.
He wasn't an actual Bitcoin.
Yeah, it was a custodial, right?
custodial lightning transaction.
And it's funny because I was actually here
a few weeks ago.
This is pub keys.
I can't believe you've been there before me.
I actually met this guy right here.
He's a cool guy.
I met him and we were on a podcast episode briefly.
But yeah, it's a little disappointing.
Yeah, it's cool that I guess in some ways
it's cool.
Some ways it's not that Trump is interested
in the cryptocurrency.
What do they use in there?
Are they using BTC pay server on their end?
I have no idea.
I couldn't tell you.
You didn't buy anything there.
You didn't buy beer.
Well, I didn't pay for it myself.
I have no idea what it was.
Maybe I could just hang out there and get them to add Monera.
Yeah, it's disappointing though that it was a
essentially it was just a custodial lightning,
not even true lightning.
It was just a custodial lightning transaction
that clearly had some technical difficulties.
And if you play back this beginning part,
you can hear them say technical difficulties.
Yeah, so not a great showing.
It's like, oh, this is what it is.
You have to fiddle around with it to get to work.
Not a great showing.
Obviously, crypto is currently not as seamless
as just tapping your credit card at the payment terminal.
But that's got a lot of other stuff going on
that makes it not non-custodial, right?
And makes it not uncontrollable.
So does not get the crypto thing.
No, he doesn't.
He doesn't.
He's got the selling stuff.
I'm getting voters and I'm selling it.
Then he had his announcement the other day, right?
Where he's, what is it that they're launching?
Like some of their own crypto project?
I have no idea.
I don't even pay attention to stuff anymore.
They had like a three-hour spaces like the Trump Sons.
And it has nothing to do with Bitcoin.
I think it's like their own coin or something.
It's like, you guys just, you know,
you completely missed the whole concept.
I mean, what they understand,
they know how to make money, right?
So they'll get all these.
Or I've got a couple of super chats here.
Rebel capitalist tip $1.
Doug, who would you recommend to present Manera
at the yearly Rebel Capitalist Live?
Mark Moss usually represents the Bitcoin Maxi perspective.
Most people there have no clue about BTC being a butt naked ledger
and all the accompanying name problems.
I'll come down there.
Doug will do it.
You know, or we get other people.
Yeah, we get, you get tucks.
You get me.
Shit, obviously I like somebody like a Howard Chu
would be amazing.
Dale Kim, but we haven't seen him around in a while.
But yeah, I'd be down.
I'm sure tucks would be down.
Should have used cake wallet tip $1.
Trump cannot be trusted cake wallet or bust.
I agree.
Should have used cake wallet.
Cake wallet with Manero.
It does surprise me sometimes.
No, Manero obviously is a layer once a year too.
It does surprise me sometimes though.
I will send a transaction from cake wallet
like just a Manero transaction using my own node.
And by the time I look back up on my computer screen,
it's already been detected.
So Manero's, it's pretty fast.
In terms of waiting for confirmations.
Yeah, you have to wait.
But if you're, if you're to small payment
and you are willing to do zero comp,
it's very quick.
So all right, got a couple more here.
Let's go and get through these.
I got a tweet from an air revolution.
Total fraud penalties for banks since 2000.
$389 trillion, no billion, $345,231,111.
So that's a lot.
And that's penalties that banks have paid
probably just in the U.S.
or maybe well, that's the way we should bank.
Just banks in general.
Top 10 current parent companies, top total penalty.
So that's, so they've paid almost $400 billion of penalties
since 2000 banks for doing what banks do.
Third of a trillion dollars.
Yep, crazy.
But Manero's for criminals, right?
Yes, Manero's for bad boys.
You have to be a bad boy to use Manero.
Hey, we got a tweet from our beloved Vic Sharma.
Hey, look what's on that XMR Bazaar.
2017 rolls, Royce Wraith.
We showed this off earlier.
You can buy this for a cool $1,200 XMR, $212,000.
Is that thing bulletproof?
It better be, it better be for that price.
Yeah, look at that.
It's like a monster.
That is pretty wild.
Look at that, crazy.
That is pretty wild.
Beautiful, beautiful.
Vic should just keep it and paint that Manero orange
and put a big-ass Manero.
Giant cake wallet, Manero, yep.
I'm sure he would be down for that if he was going to keep it.
And last, we have another tweet from-
Love to see somebody buy it though, right?
I mean, who knows?
Yes, it would be cool.
Straight, it would be cool.
You never know.
Uh-oh.
Looks like the branding got changed to something.
What branding?
Let me hide that.
Oh, shit.
You know what?
That's me, I think, because I moved,
because I was trying to play a thing.
Hold up.
Did I do that?
Whatever, I'm going to read this off anyway.
Last one is a tweet from Vic.
Once again, fully air-gapped Manero transaction
in cake wallet.
So this is Vic showing off very, very, very early
features and stuff as usual.
This is an app that cake is developing
that will be basically an air-gapped app
that'll work with cake wallet
using the same live QR code protocol
that works with Anonero.
So this is similar to what Manero's you.
What would they call it, Theria?
Cake?
No.
What would they call it?
No, it's not actually.
Well, later on we'll add support,
but Sidekick is using basically
the Ledger protocol with Bluetooth.
We'll add support for that later on.
This is more of what Anonero is doing,
which is live QR codes that you scan.
So it's truly air-gapped.
And so the idea is that you can have your cold storage wallet
be like a GraphinOS phone
and you just keep it offline
and you can use that to sign your transactions.
And the main point of developing a separate app
to do this is that we can
remove the network permission
from the second Apple together, right?
So even though if you use GraphinOS
you can manually disable network access for apps.
If you don't use GraphinOS you can't even do that.
With this new app it won't even have
network permission at all.
It'll just be purely offline, which will be the point.
Would people theoretically be able to use an iPhone
for their offline phone for this or no?
They could if they wanted to.
If they really, yeah, they could if they really wanted to.
I'd recommend having like a new GraphinOS phone
for something like this personally.
But yeah, you could use whatever you wanted really.
Yeah, so for those who don't totally understand
what we're talking about,
I mean that basically becomes
could become your new hardware wallet.
So like a Graphin phone that's just dedicated,
it's offline, it's holding your private keys,
your seed, and then whenever you go to spend Monero
on your live device, your other phone,
you would sign the transaction with your,
with this offline phone that's dedicated
to just hold your keys.
And now you effectively have a nice hardware wallet for Monero.
And I've always liked the idea of hardware wallets
now that would be coming in the form
of something like a Graphin phone.
So you're not on the radar
when you're purchasing this hardware wallet, right?
And you're not-
Yeah, you have, there's less a chance
of like a supply chain attack specific to a hardware wallet.
And there's less chance of having like a specific attack
relating to retrieving crypto keys
because it's a phone, right?
It's a phone, it's not like
you see someone's ledger sitting out, right?
And you're like, oh yeah, that probably has like
tens of thousands, maybe millions of dollars on it.
You could just have a spare phone
just sitting around somewhere.
And if you keep it offline all the time,
all your storage will be fully encrypted.
And it won't be accessible regardless.
So just turn it on when you need to use it
and turn it off when you're done with it.
And it'll be a very good solution.