WEBVTT 00:05.260 --> 00:12.840 The Monerotopia Weekly News segment is sponsored by WizardSwap.io, a non-custodial cryptocurrency exchange. 00:14.900 --> 00:18.940 All right, we got a wizard swap up here one of these days, too. 00:19.860 --> 00:23.700 A lot of instant exchanges out there right now, so they're all, you know, they're all competing. 00:24.360 --> 00:32.080 And obviously some are, I guess, better than others in terms of price, in terms of whether or not they shock on KYC. 00:32.720 --> 00:35.280 But it's interesting to see the amount of them. 00:35.480 --> 00:42.260 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? 00:42.460 --> 00:47.860 So the instant exchanges have really been a very large on-ramp off-ramp for people. 00:48.860 --> 00:50.940 This is, yeah, this is very much true. 00:51.500 --> 00:59.740 And I like WizardSwap in the, the stances they take that most instant exchanges can't do or aren't willing to do. 00:59.740 --> 01:05.740 So anyways, that being said, let's get into the news. 01:06.560 --> 01:07.480 Hold up my screen here. 01:08.020 --> 01:10.900 We've got 353 live viewers right now. 01:11.740 --> 01:13.400 Keep, keep getting the word out, guys. 01:13.700 --> 01:15.940 Retweet it, share it, grow it. 01:18.220 --> 01:19.200 All right, guys. 01:19.460 --> 01:20.700 So first news link here. 01:20.820 --> 01:27.360 We've got a tweet from Click Wireless as a privacy and security-focused nationwide wireless provider that has solved the SimSwap attack problems. 01:27.360 --> 01:29.000 Oh, wait, bring up your screen. 01:29.260 --> 01:29.780 Are you showing the screen? 01:30.320 --> 01:31.460 Oh, I shared it. 01:31.600 --> 01:32.100 Let's bring it up. 01:32.200 --> 01:32.440 There we go. 01:32.500 --> 01:32.860 Sorry, guys. 01:34.880 --> 01:43.580 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. 01:43.700 --> 01:47.340 Should we accept hashtag Monero in addition to BTC and credit cards? 01:48.260 --> 01:53.540 And overwhelmingly majority of this poll was yes, Monero for extra privacy. 01:54.220 --> 02:00.580 So based on this poll result, it looks like Cloaked Wireless will most likely add support from Monero. 02:00.740 --> 02:15.720 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. 02:16.580 --> 02:20.000 If because somebody says it's theirs, claims it's theirs. 02:20.640 --> 02:21.320 Very cool. 02:21.560 --> 02:25.740 And they accept Bitcoin right now and looks like they'll accept Monero very soon. 02:26.000 --> 02:26.540 So awesome. 02:26.740 --> 02:27.300 Good to see that. 02:27.620 --> 02:29.900 I'll definitely be trying their service out if they accept Monero. 02:30.060 --> 02:30.700 That's a pretty big deal. 02:31.340 --> 02:33.400 Yeah, I've been DMing with them. 02:33.620 --> 02:41.180 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. 02:41.980 --> 02:42.560 That'd be super cool. 02:42.880 --> 02:45.260 Yeah, we have a lot of other great options for phone numbers. 02:45.720 --> 02:53.560 Like Silent Link and JNP.Chat, but those ones are JNP.Chat's VoIP number and then Silent Link is inbound only not out. 02:54.060 --> 03:02.980 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. 03:03.080 --> 03:03.500 So very cool. 03:03.620 --> 03:04.380 Very cool to see that. 03:06.080 --> 03:08.120 Next up we get a tweet from Jeremy Kaufman. 03:08.220 --> 03:09.180 I saw this one earlier this week. 03:09.300 --> 03:09.760 It's pretty funny. 03:09.960 --> 03:10.960 I'll go ahead and play this video. 03:11.280 --> 03:13.380 The FBI visited my house today for free speech acts. 03:13.480 --> 03:14.420 They knew we're not crimes. 03:14.420 --> 03:16.240 You can see the shame on their faces. 03:16.520 --> 03:18.020 This is the Democratic regime manifest. 03:18.260 --> 03:18.800 Let's play this video. 03:27.480 --> 03:27.840 Yeah. 03:29.260 --> 03:29.860 Here we are. 03:30.780 --> 03:32.880 This is like the most badass. 03:33.220 --> 03:34.160 Can you give your full name, please? 03:34.280 --> 03:34.480 Welcome. 03:37.800 --> 03:41.260 Is that sufficient to identify as the only one Adonal affiliated with the FBI? 03:42.800 --> 03:44.160 Could you please state your full name, sir? 03:44.840 --> 03:46.000 Could you please stop recording? 03:46.340 --> 03:46.560 No. 03:47.140 --> 03:47.820 It's the first member, right? 03:48.420 --> 03:49.080 What's your name, sir? 03:49.080 --> 03:51.580 Can you please stop recording? 03:52.040 --> 03:52.580 Absolutely not. 03:52.980 --> 03:54.080 You can show me your name and identification. 03:54.540 --> 03:55.620 Oh, I'm going to go back and set my house. 03:57.320 --> 03:58.700 I don't really want to broadcast. 03:59.480 --> 04:02.080 Oh, this is going out right after you guys walk away. 04:02.100 --> 04:04.240 So you can show me your name or ID. 04:04.400 --> 04:04.880 You can walk away. 04:07.920 --> 04:09.340 I'm not going to talk to people 04:09.340 --> 04:10.340 who claim to be federal agents 04:10.340 --> 04:11.640 unless they can show me identification. 04:13.600 --> 04:14.580 Do you see our badges? 04:15.440 --> 04:16.800 I need to see... 04:16.800 --> 04:17.800 Is your full name on that badge? 04:18.080 --> 04:18.240 No. 04:18.240 --> 04:20.660 I'd like to see something with your full name 04:20.660 --> 04:22.060 or I'm not going to talk to you. 04:23.420 --> 04:26.260 This will be going online as soon as you walk away. 04:27.720 --> 04:30.720 All I want to do is talk to you about a post that was made. 04:32.060 --> 04:35.080 I want to talk to you about you guys coming here. 04:36.100 --> 04:39.860 Say you make a salary of, I don't know what, low 100k. 04:40.060 --> 04:40.760 You guys making six figures? 04:41.760 --> 04:45.800 Factor in 50% expenses, overhead, maybe 100% expenses. 04:47.080 --> 04:50.120 I'm talking about burning a couple hundred dollars an hour just here, 04:50.120 --> 04:51.940 let alone all the time you guys are spending 04:51.940 --> 04:54.860 to investigate something that you know is not against the law. 04:55.300 --> 04:58.020 So then why would you come? 05:00.620 --> 05:03.980 No, you're coming because you're part of a regime 05:03.980 --> 05:05.420 that does this kind of thing 05:05.420 --> 05:07.400 when you know laws aren't being broken. 05:07.920 --> 05:09.300 And that's an embarrassment, man. 05:09.720 --> 05:11.140 Didn't you guys read the Constitution? 05:11.340 --> 05:12.320 Do you not believe in America? 05:13.000 --> 05:14.800 Like how do you do your jobs and go home? 05:16.060 --> 05:17.020 You're walking away. 05:17.440 --> 05:19.240 Because nothing we did is against the law 05:19.240 --> 05:22.760 and you guys are fuckheads that try to act like bullies. 05:22.960 --> 05:24.780 And I hope you go home and are embarrassed. 05:25.100 --> 05:27.800 You can't even say your name on camera 05:27.800 --> 05:30.120 because you know that what you're doing is embarrassing. 05:30.440 --> 05:32.540 You know Americans that believe in the Constitution 05:32.540 --> 05:33.560 think you're laughable. 05:33.920 --> 05:36.260 And you go home and you think about what you did today. 05:36.560 --> 05:38.000 Go home and think about it. 05:38.460 --> 05:39.120 You coward. 05:40.280 --> 05:41.080 Drive away. 05:43.480 --> 05:44.260 Drive away. 05:44.260 --> 05:45.140 Thank you for your time. 05:45.420 --> 05:46.320 You're not welcome. 05:46.780 --> 05:47.640 You should be embarrassed. 05:49.380 --> 05:49.980 Embarrassing. 05:50.420 --> 05:51.500 You guys are embarrassing. 05:55.240 --> 05:56.720 This is insane. 05:59.440 --> 06:01.920 I mean, he really nailed it. 06:02.660 --> 06:05.320 He owned that moment. 06:05.620 --> 06:07.520 We've had Jeremy Kaufman on the show before. 06:08.500 --> 06:13.120 He's the creator of a library, which the SEC went after. 06:13.740 --> 06:14.120 Yep. 06:14.520 --> 06:15.780 And he's one of the original founders 06:15.780 --> 06:16.880 of the Free State Project. 06:17.100 --> 06:17.580 Can I remember correctly? 06:18.340 --> 06:18.520 Yeah. 06:19.720 --> 06:22.060 It's funny how he treated them like little children, 06:22.420 --> 06:24.420 like dad, go to your room. 06:24.660 --> 06:25.860 Don't think about what you've done. 06:26.980 --> 06:27.340 It's great. 06:27.620 --> 06:29.660 They were coming to his house. 06:30.120 --> 06:32.260 The way he owned that conversation, 06:32.500 --> 06:34.460 because they're like, we're here to talk to you about it. 06:34.580 --> 06:36.220 And then he just stopped them right there. 06:36.320 --> 06:38.760 He's like, well, I'm here to talk to you about this. 06:39.180 --> 06:40.220 And that was it. 06:40.340 --> 06:41.740 He just owned it at that point. 06:41.740 --> 06:43.380 And it's true. 06:43.560 --> 06:47.080 Why are federal agents showing up at people's homes 06:47.700 --> 06:51.020 in their black SUVs knocking on their door 06:51.020 --> 06:53.400 and intimidating them about things 06:53.400 --> 06:55.080 they've posted on the internet? 06:55.960 --> 06:56.100 Yeah. 06:56.180 --> 06:58.520 I don't even know what this was relating to specifically. 06:58.780 --> 07:01.100 And they're admitting there was no law broken. 07:01.800 --> 07:01.980 Yeah. 07:02.340 --> 07:04.000 We just came to talk to you. 07:04.220 --> 07:06.500 So now the federal government is just 07:06.500 --> 07:07.520 going to come and knock on our door 07:07.520 --> 07:11.360 and give us advice on how we should be doing things, 07:11.360 --> 07:13.300 even if we're following the law. 07:14.940 --> 07:18.700 That is just, wow, complete overbreach 07:18.700 --> 07:21.380 and a real fuck up on their part. 07:21.440 --> 07:23.020 Because I mean, this thing has gone completely. 07:23.340 --> 07:24.700 I mean, this has been happening for quite a while, 07:24.820 --> 07:27.600 but I'm glad that someone like Jeremy Kauffman 07:27.600 --> 07:29.840 can totally just get in their face 07:29.840 --> 07:31.380 and basically tell them to fuck off. 07:33.340 --> 07:33.980 It's great. 07:34.480 --> 07:35.600 Cecil, tip, 25 cents. 07:35.800 --> 07:37.400 Go home and think about what you did. 07:37.620 --> 07:37.960 This is funny. 07:38.180 --> 07:40.900 I think we had another couple of super chats up here. 07:40.900 --> 07:41.560 I don't know if these are read. 07:41.860 --> 07:42.980 I know UK tip, 25 cents. 07:43.160 --> 07:43.700 Thank you, DevRick. 07:44.340 --> 07:46.340 And XMR PDP, tip $1. 07:46.640 --> 07:47.960 Thank you, Senita, for hosting last week 07:47.960 --> 07:48.880 while Doug was busy. 07:49.740 --> 07:51.840 Doug, he's in the chat for DevRick and Senita. 07:54.880 --> 07:57.220 And yes, Roy, the link will be in the description 07:57.220 --> 08:00.520 once they get uploaded after the stream to all the tweets. 08:01.780 --> 08:02.260 All right. 08:02.420 --> 08:06.880 So next up, we've got a tweet from Mr. Brainship Elon. 08:07.650 --> 08:08.740 Uh, troubling. 08:09.060 --> 08:11.140 Hillary Clinton suggests yelling Americans 08:11.140 --> 08:12.820 for posting misinformation. 08:13.760 --> 08:17.020 Engaged and boosting Trump back in 2016. 08:17.580 --> 08:19.240 But I also think there are Americans 08:19.240 --> 08:24.260 who are engaged in this kind of propaganda. 08:24.780 --> 08:26.960 And whether they should be civilly 08:26.960 --> 08:30.080 or even in some cases criminally charged 08:30.510 --> 08:33.940 is something that would be a better deterrence 08:33.940 --> 08:34.600 because- 08:34.970 --> 08:36.620 I mean, is this even really like 08:37.120 --> 08:37.520 surprising? 08:37.940 --> 08:38.740 Is it even really news? 08:41.400 --> 08:43.340 That Hillary Clinton wants people to go to jail 08:43.340 --> 08:45.700 for misinformation or prosecuted misinformation. 08:46.280 --> 08:46.760 Air quote. 08:47.160 --> 08:48.160 Air quote and misinformation. 08:49.100 --> 08:49.700 Scary, though. 08:50.600 --> 08:51.360 Let's move on. 08:52.240 --> 08:54.000 We've got a tweet from Steven Stone here. 08:54.560 --> 08:55.480 This is a relation- 08:55.480 --> 08:55.920 This is scary. 08:56.240 --> 08:57.060 This is scary, yeah. 08:57.080 --> 08:58.840 To, yeah, I think there's probably more context. 08:59.000 --> 09:00.080 Just I'll go and just play the video. 09:00.200 --> 09:00.520 I'll read the tweet. 09:00.940 --> 09:02.400 Hope you're enjoying the news 09:02.400 --> 09:03.260 that your government can readily 09:03.820 --> 09:04.620 detonate pagers. 09:04.820 --> 09:05.920 Just know that your smartphone 09:05.920 --> 09:08.120 has a lot more potential power than an old pager. 09:08.280 --> 09:10.380 Here's a video of an iPhone being induced to explode. 09:27.520 --> 09:29.180 So this is in reference to 09:29.180 --> 09:32.020 what happened over this past week 09:32.020 --> 09:35.600 where I guess some people, 09:36.160 --> 09:37.380 some Hezbollah people, 09:37.680 --> 09:41.740 people who are a part of Hezbollah 09:41.740 --> 09:42.460 working for Iran 09:42.460 --> 09:44.640 had everyone seen the clip at this point. 09:44.940 --> 09:45.780 They had a pager 09:45.780 --> 09:47.700 and it just basically blew up in their hands 09:47.700 --> 09:48.840 very violently. 09:49.400 --> 09:50.660 And people are 09:51.400 --> 09:53.860 figuring out exactly how that happened. 09:54.500 --> 09:56.140 What was going on there? 09:56.380 --> 09:58.240 Was it that they blow up the battery? 09:58.660 --> 10:01.600 Was it, like, did it have bombs inside of it? 10:03.860 --> 10:07.080 And I'm not the person to be able to speak on that. 10:07.740 --> 10:09.800 I think in the current research, 10:10.080 --> 10:10.980 it's kind of been determined 10:10.980 --> 10:12.740 that it was a supply chain hack. 10:13.200 --> 10:15.180 I think that's what it looks like. 10:15.860 --> 10:19.060 The phones are coming out of Hungary. 10:19.600 --> 10:20.280 I mean, the beepers. 10:20.280 --> 10:21.820 The beepers were, like, produced in Hungary. 10:22.160 --> 10:24.540 So, you know, like, the state, whatever, 10:24.820 --> 10:26.240 the agents involved in this, 10:26.320 --> 10:29.640 sounds like they overtook this production, right? 10:29.840 --> 10:30.900 The production of beepers. 10:31.140 --> 10:32.120 They somehow, you know, 10:32.240 --> 10:33.800 whether they took over the entire company 10:33.800 --> 10:36.640 or own it and started producing. 10:36.660 --> 10:37.760 Very impressive nonetheless. 10:38.160 --> 10:38.980 Very impressive nonetheless. 10:39.300 --> 10:42.180 Now, this people saying that it was the battery 10:42.180 --> 10:44.740 that blew up, it's almost certainly definitely not. 10:45.240 --> 10:46.600 I mean, as you can see in this clip here, 10:46.600 --> 10:50.020 yeah, they caused this phone to violently explode. 10:50.620 --> 10:53.580 Maybe not quite as badly as it did in the, 10:53.720 --> 10:55.460 what actually happened over this past week. 10:55.940 --> 10:57.940 But they're using probably, 10:59.320 --> 11:02.440 they're using a tool to induce heat into the phone, 11:02.660 --> 11:04.700 causing the battery to rapidly heat up 11:04.700 --> 11:05.740 is what it looks like to me. 11:06.180 --> 11:08.500 I don't have any other context around this clip. 11:08.660 --> 11:09.980 There's a couple other tweets here. 11:10.700 --> 11:12.640 You can't just make a phone's battery 11:12.640 --> 11:13.500 just blow up like that. 11:13.560 --> 11:14.960 You need some kind of external source, 11:14.960 --> 11:17.800 like making it rapidly heat up to do that. 11:18.220 --> 11:20.200 The only other way is if there was 11:20.200 --> 11:22.920 pre-planted explosives inside the device. 11:24.180 --> 11:24.880 So yeah, I don't know. 11:25.020 --> 11:27.460 I mean, can't you like overclock these things potentially? 11:27.740 --> 11:30.800 Override systems and no, I mean, the phone itself. 11:32.360 --> 11:35.620 I doubt that there's a way that the phone itself can 11:36.160 --> 11:38.160 cause itself to heat up that rapidly 11:38.160 --> 11:40.020 in order to make the battery explode 11:40.020 --> 11:41.380 like we just saw in this clip. 11:41.560 --> 11:44.240 Now phone batteries can overheat and catch on fire. 11:44.960 --> 11:47.860 Which we've seen with phones like the Galaxy Note 7. 11:48.260 --> 11:49.640 But that's a very different situation 11:49.640 --> 11:50.820 where it's not exploding. 11:51.060 --> 11:53.440 It's more of like catching on fire, right? 11:53.660 --> 11:57.060 How about a Tesla or, you know, these motorcycles, 11:57.620 --> 11:59.620 these electric bikes that blow up already on their own? 11:59.900 --> 12:01.960 I mean, there's so many devices. 12:02.280 --> 12:04.640 I mean, the real eye-opener here is, 12:04.720 --> 12:06.600 all right, so maybe they're not being hacked 12:07.240 --> 12:09.100 and then caused to blown up. 12:09.440 --> 12:14.440 But this concept of taking over the supply chain, 12:14.440 --> 12:17.920 manipulating the supply chain to put a bomb in it, 12:18.100 --> 12:21.140 like small bombs has been proven. 12:22.080 --> 12:23.220 So, you know, if we see it here, 12:23.340 --> 12:25.300 they could probably do it to many more things. 12:25.600 --> 12:28.480 And it's like, then how cheap could they potentially make it? 12:28.800 --> 12:30.820 Could it be monetized to the point where 12:30.820 --> 12:33.500 like everybody's refrigerator can blow up at will 12:33.500 --> 12:34.620 when they want to blow it up? 12:34.980 --> 12:36.740 Like, I mean, who knows, right? 12:37.300 --> 12:39.940 I mean, it's just showing proof of concept. 12:40.180 --> 12:41.460 It's pretty scary stuff. 12:43.620 --> 12:47.320 You got a super chat from definitely not body, $1. 12:47.760 --> 12:49.720 This is reminiscent of what's happening in the UK. 12:49.940 --> 12:51.800 FBI trying to normalize having conversations with your tweets. 12:52.040 --> 12:57.940 Yes, I've seen a lot of clips of police or, you know, 12:58.160 --> 13:02.120 federal agents in the UK coming to people's houses to, 13:02.360 --> 13:04.200 oh, we just want to chat, we just want to have a talk 13:04.200 --> 13:06.520 about these things that you said 13:06.520 --> 13:08.780 or this thing that you believe in that, you know, 13:08.840 --> 13:10.540 we don't want you to, you know, 13:10.920 --> 13:12.300 just want to have a talk, you know? 13:14.000 --> 13:14.720 Pretty dystopian. 13:15.140 --> 13:17.200 And yeah, they're trying to do that in the US as well. 13:17.240 --> 13:21.000 But I think they're going to be met with at least some more 13:21.000 --> 13:24.780 amount of resistance in the United States than in the UK 13:24.780 --> 13:25.780 with that happening. 13:26.760 --> 13:29.660 Let's move on to the next story. 13:30.940 --> 13:34.280 Wow, we've just got terrible people after terrible people. 13:34.380 --> 13:35.440 A tweet from Gavin Newsom. 13:35.540 --> 13:36.900 I just signed a bill to make this illegal 13:36.900 --> 13:37.880 in the state of California. 13:38.080 --> 13:39.440 You can no longer knowingly distribute 13:39.440 --> 13:42.000 and add or other election communications that contain 13:42.800 --> 13:45.120 materially deceptive content, including defects, 13:46.740 --> 13:49.660 meaning manipulating a voice in an ad like this one 13:49.660 --> 13:50.500 should be illegal. 13:50.720 --> 13:52.220 I'll be sending a bill a matter of weeks 13:52.220 --> 13:53.500 to make sure this Elon Musk retweets 13:53.500 --> 13:55.160 altered Kamala Harris campaign ad, 13:57.780 --> 14:00.400 which this as far as I understand is just a parody 14:00.400 --> 14:02.780 and probably obviously a parody. 14:05.160 --> 14:08.620 And I guess Gavin Newsom wants to make this illegal 14:08.620 --> 14:10.940 in California, so no more parodies, guys. 14:11.160 --> 14:12.040 You can't be funny anymore. 14:13.960 --> 14:17.580 That is like one of the most important aspects 14:17.580 --> 14:20.480 of free speech is protecting the ability to parody. 14:21.140 --> 14:23.480 If you can't parody things, you can't make fun of things, 14:23.600 --> 14:24.700 you can't comment on things. 14:25.880 --> 14:27.800 You've been silenced in terms of being able 14:27.800 --> 14:29.720 to speak out against shit you don't agree with. 14:31.700 --> 14:34.140 We got a tweet from Minera Bowl here. 14:34.140 --> 14:40.300 Lightning is over and we're showing a picture of a graph 14:40.300 --> 14:45.040 of nodes, channels, network capacity, and capacity per channel. 14:45.760 --> 14:50.500 So I guess the amount of channels suddenly dropped off 14:50.500 --> 14:54.120 for some reason and the amount of nodes 14:54.120 --> 14:56.660 has also quit rapidly dropped off. 14:57.060 --> 15:00.340 I imagine this is due to the closing of several. 15:01.020 --> 15:04.020 If this is true, probably the closing of several 15:04.860 --> 15:08.280 lightning apps that people have had to migrate away from 15:09.360 --> 15:11.220 and network capacity has gone way down. 15:11.940 --> 15:14.620 And I guess this chart comes from this website, 15:15.200 --> 15:16.080 bitcoinvisuals.com. 15:17.380 --> 15:19.540 Not sure how they're measuring stuff or if it's accurate. 15:20.760 --> 15:24.180 I think we got a reply from Seth here. 15:24.300 --> 15:25.300 Pretty sure that's a bug on the side. 15:25.440 --> 15:26.120 Doesn't seem to make sense. 15:26.240 --> 15:28.120 It doesn't match other Ellen metrics like this. 15:28.240 --> 15:29.660 So maybe it's not true. 15:32.920 --> 15:34.660 As Memphis without space reporting, 15:34.820 --> 15:37.000 something totally, totally different results 15:37.000 --> 15:40.720 where we actually have a large spike in lightning network nodes. 15:40.880 --> 15:42.500 So whichever one it is, I have no idea. 15:43.680 --> 15:44.720 But who cares? 15:45.060 --> 15:45.380 Ellen sucks. 15:45.580 --> 15:45.660 Who cares? 15:46.580 --> 15:48.940 That's kind of my take. 15:49.180 --> 15:49.720 I'm just like whatever. 15:50.920 --> 15:51.820 Just use Minera. 15:52.360 --> 15:52.800 Yes. 15:53.280 --> 15:56.120 Next up, I got a tweet from Hakan. 15:56.780 --> 15:58.480 Prosecutors appear to be able to 15:59.660 --> 16:01.580 ashtrix, ashtrix, de-anonymize Tor 16:01.580 --> 16:05.520 by tapping servers for years and doing timing analysis. 16:06.200 --> 16:07.480 I don't think this is anything new. 16:08.060 --> 16:10.520 In one case, Ricochet related to CSAM, 16:10.660 --> 16:12.460 they did this four times or to telco provider 16:12.460 --> 16:14.280 to an end of customer connecting to entry node. 16:15.840 --> 16:17.880 This isn't really anything. 16:18.240 --> 16:18.380 Okay. 16:18.420 --> 16:19.020 This is all German. 16:19.300 --> 16:20.520 I don't even know if I can open this. 16:20.640 --> 16:21.900 Maybe Brave will translate for me. 16:25.580 --> 16:27.280 I don't think this is anything new. 16:27.500 --> 16:29.180 I mean, this has been known about for a long time 16:29.180 --> 16:31.460 is that you can do network timing attacks 16:31.460 --> 16:34.900 and you can obtain the IP of someone entering 16:34.900 --> 16:37.980 via an entry node 16:39.060 --> 16:41.880 and try to correlate with timing attacks. 16:42.380 --> 16:43.700 I mean, it's the same thing with VPNs. 16:43.780 --> 16:44.780 It's just a lot harder with Tor. 16:46.180 --> 16:48.600 If Devrick's still around when we get the viewers on stage, 16:48.600 --> 16:51.300 I think he has some good insights into Tor. 16:52.260 --> 16:54.180 I mean, maybe if you want to chime on that. 16:55.380 --> 17:00.220 Let's go to, oh, yay, a clip from Michael Saylor. 17:00.920 --> 17:02.720 You're imagining a world where the governments 17:02.720 --> 17:04.600 and the banks aren't going away. 17:04.800 --> 17:06.000 They aren't going away, Saylor. 17:06.360 --> 17:10.040 My point is, wouldn't you like for JP Morgan 17:10.040 --> 17:15.060 to just pay you 5% of your Bitcoin value risk-free? 17:15.560 --> 17:17.400 I mean, ideally, I'd like 500%, 17:17.400 --> 17:19.960 but I want to keep my Bitcoin more 17:19.960 --> 17:23.320 than I want the 5% or the 500% chasing after that. 17:23.600 --> 17:26.060 No one's going to pay 500% interest on a loan. 17:26.440 --> 17:28.460 Yeah, and I think the 5% as well. 17:28.660 --> 17:30.600 I mean, if everybody's got their Bitcoin in 5%, 17:30.600 --> 17:32.240 well, how are you going to make more Bitcoin? 17:32.320 --> 17:34.460 Eventually, you're going to have more Bitcoin needs 17:34.460 --> 17:36.720 to be paid than there is Bitcoin in existence. 17:37.300 --> 17:38.680 I'm not talking about issuing more Bitcoin. 17:38.860 --> 17:43.040 I'm saying that the current risk-free rate, 17:43.320 --> 17:44.900 if you have money at JP Morgan, 17:45.360 --> 17:48.080 you put in a money market that pays 550 basis points. 17:48.080 --> 17:51.060 So wouldn't you like to get 550 basis points 17:51.060 --> 17:54.240 on your Bitcoin balance without converting it to dollars, right? 17:54.300 --> 17:56.380 Right now, you have to convert it to US Treasuries 17:56.380 --> 17:58.220 to get 550 basis points. 17:58.380 --> 18:00.380 But if you do it, it's effectively risk-free. 18:01.100 --> 18:02.880 I mean, it's pretty close to risk-free. 18:03.640 --> 18:05.880 It's not. I don't think it's risk-free. 18:06.040 --> 18:08.120 I think it's, it works with... 18:08.120 --> 18:09.380 Yes, the US government fails. 18:10.020 --> 18:12.640 I mean, the US government's not going to let JP Morgan fail. 18:13.340 --> 18:15.660 Yeah, but the US government has already failed several times 18:15.660 --> 18:16.480 over the last century. 18:16.480 --> 18:18.440 In 1934, they defaulted on gold. 18:18.560 --> 18:20.440 In 1971, they defaulted again on gold. 18:20.520 --> 18:21.140 Okay, well, fine. 18:21.320 --> 18:23.280 So now you're going all maxi on me. 18:23.340 --> 18:25.200 But if that's the point, let me just make the point 18:25.200 --> 18:27.440 that there's no way that El Salvador is going 18:27.440 --> 18:30.540 to pay their expenses without selling their Bitcoin 18:30.540 --> 18:34.500 if no one's willing to give them yield on Bitcoin, right? 18:34.620 --> 18:36.180 And you're a world, if you have expenses, 18:36.500 --> 18:39.140 you're going to have to sell the asset. 18:39.380 --> 18:40.520 But you're going to have incomes. 18:40.880 --> 18:42.500 So you cover your expenses from your income 18:42.500 --> 18:43.520 and you keep stacking sats 18:43.520 --> 18:44.960 and you grow up your stack forever. 18:44.960 --> 18:50.000 Well, the point is, if the capital doesn't generate a return, 18:50.700 --> 18:52.520 it's a non-performing asset. 18:53.320 --> 18:56.640 So you need to address the issue. 18:56.800 --> 19:01.140 If I put $100 billion into Bitcoin and I get 0% yield, 19:01.560 --> 19:04.200 that's just as bad as I have $100 billion 19:04.200 --> 19:06.860 in US bonds that pay 0% yield. 19:07.040 --> 19:09.440 In both cases, they're non-performing assets. 19:09.920 --> 19:12.700 I'm going to have to sell my house, my kids, 19:12.700 --> 19:15.700 my whatever to pay my hospital bills 19:15.700 --> 19:18.980 if I don't get any yield off of my assets. 19:19.260 --> 19:20.580 It's non-performing. 19:20.860 --> 19:22.900 Look, I'm not saying there's anything wrong with it 19:22.900 --> 19:24.420 and I'm not saying you shouldn't do it. 19:24.540 --> 19:26.060 I'm just saying that in a world in which 19:26.060 --> 19:26.860 the money supply is fixed 19:26.860 --> 19:28.340 and there's no lender of last resort, 19:28.780 --> 19:29.880 in a world in which JP Morgan 19:29.880 --> 19:31.200 doesn't have a magic money printer 19:31.200 --> 19:32.440 because JP Morgan prints money. 19:32.560 --> 19:33.380 It's not just the US government 19:33.380 --> 19:34.800 and the Federal Reserve that print money. 19:35.200 --> 19:36.740 JP Morgan is also able to print money 19:36.740 --> 19:38.980 and they can borrow from the Federal Reserve 19:38.980 --> 19:39.680 at the lowest interest rate. 19:40.240 --> 19:43.200 So in that kind of fiat privilege system, 19:43.360 --> 19:45.240 they are able to offer you 5% 19:45.240 --> 19:46.880 because they are printing that money. 19:46.900 --> 19:47.800 They're going to be able to pay you. 19:47.900 --> 19:50.260 They make the billion dollars that they lend you 19:50.260 --> 19:51.480 in the first place out of thin air 19:51.480 --> 19:54.420 and then they get money from the interest 19:54.420 --> 19:57.160 that they make on other people's billions of dollars 19:57.160 --> 19:58.040 that they made out of thin air. 20:00.120 --> 20:01.960 That game stops in Bitcoin. 20:02.500 --> 20:03.760 There's no lender of last resort. 20:04.060 --> 20:05.720 So now if you're a 22-year-old 20:05.720 --> 20:06.580 and you have a business idea, 20:06.840 --> 20:08.260 you need to find somebody to get you equity 20:08.260 --> 20:09.600 and I don't see that as a problem. 20:09.720 --> 20:10.300 Why is that a problem? 20:10.420 --> 20:10.860 You get equity. 20:11.040 --> 20:11.900 You share in the upside. 20:12.040 --> 20:12.740 You share in the downside. 20:13.420 --> 20:14.740 10 years from now, we're not, 20:14.840 --> 20:15.780 we're still going to have the dollar, 20:16.160 --> 20:16.840 say, Fideen. 20:16.940 --> 20:17.880 We're still going to have banks. 20:18.160 --> 20:19.600 We're still going to have governments, right? 20:19.920 --> 20:21.160 You're imagining a world 20:21.160 --> 20:23.240 where the governments and the banks go away. 20:23.720 --> 20:23.950 It's not... 20:27.300 --> 20:30.100 Seller is the opposite of a crypto-anarchist. 20:32.140 --> 20:33.680 He just doesn't get it. 20:33.780 --> 20:34.580 He never got it. 20:34.720 --> 20:36.760 He was a complete laggard. 20:36.760 --> 20:38.900 He didn't get into Bitcoin until what, 2020? 20:39.800 --> 20:41.760 I mean, the guy, he never understood it. 20:41.820 --> 20:42.700 He never got it. 20:42.780 --> 20:43.600 Me or you guys, 20:43.660 --> 20:45.600 you're going to hit up my buddies at JPMorgan, 20:45.740 --> 20:47.620 just add a couple zeros to the money supply. 20:48.600 --> 20:50.220 I mean, he did get it in that, 20:50.380 --> 20:53.020 ultimately, that is what Bitcoin offers, right? 20:53.120 --> 20:55.440 It's digital property and that's what he sees it as. 20:56.420 --> 20:58.620 And he doesn't see it as money because it's not. 20:58.740 --> 20:59.740 It doesn't function while it's money. 21:01.300 --> 21:02.540 Safe Fideen, on the other hand, 21:02.560 --> 21:04.620 wants it to be what Monero is, 21:05.120 --> 21:07.960 use, people live off of it, spend it. 21:09.060 --> 21:11.200 But it doesn't function well for those purposes. 21:12.100 --> 21:13.780 Got a super chat from Nihilist. 21:13.920 --> 21:14.280 50 cents. 21:14.660 --> 21:16.040 We've had tour timing to actually putting a VPN 21:16.580 --> 21:17.500 in front of it. 21:17.580 --> 21:18.540 This will mix you with other users. 21:19.580 --> 21:20.940 Yeah, I agree. 21:21.400 --> 21:23.520 This is a surprisingly controversial opinion 21:23.520 --> 21:25.280 to have in subspaces. 21:25.420 --> 21:27.580 But yeah, I think it can benefit you 21:27.580 --> 21:29.120 using a VPN in front of Tora 21:29.120 --> 21:34.160 if you're extra targeted for whatever reason. 21:36.280 --> 21:40.380 Anyway, let's go ahead and see we've got 21:40.380 --> 21:41.320 a couple more here. 21:44.420 --> 21:45.560 All right, we've got... 21:45.560 --> 21:46.720 Hey, Tux, Tux, 21:46.900 --> 21:47.940 you're going to be given a workshop 21:47.940 --> 21:49.200 down at Monero Topia, right? 21:49.980 --> 21:50.680 That's correct. 21:52.000 --> 21:52.440 Fantastic. 21:52.800 --> 21:53.480 And it's going to be... 21:54.800 --> 21:55.440 Graphino S. 21:55.720 --> 21:56.700 Graphino S, yeah. 21:57.080 --> 21:58.300 Yeah, another cool one would be just like 21:58.300 --> 22:01.360 how to use the internet anonymously, right? 22:02.100 --> 22:03.000 Like best practices 22:04.080 --> 22:04.800 I don't know. 22:04.980 --> 22:05.480 That could be cool. 22:05.780 --> 22:06.780 Cool concept too. 22:07.640 --> 22:09.560 I mean, part of the reason why it's 22:10.280 --> 22:12.200 the using VPN in front of Tora 22:12.200 --> 22:13.180 thing is controversial 22:13.180 --> 22:17.340 is because the people who set up Tora 22:17.340 --> 22:18.880 and want people to use Tora, 22:18.960 --> 22:21.720 they want it to be normal users using Tora. 22:21.860 --> 22:22.760 But if everyone's using a VPN, 22:22.980 --> 22:25.820 then it kind of, I guess in a way, 22:27.240 --> 22:29.420 devalues the air quote, 22:29.500 --> 22:30.680 normal user using Tora. 22:31.380 --> 22:35.740 But in reality, using a VPN does can improve. 22:36.540 --> 22:38.960 So it hurts the network security overall? 22:39.260 --> 22:40.260 Like reducing the latency? 22:40.620 --> 22:41.080 Not necessarily. 22:42.600 --> 22:45.200 I do see an improvement on an individual use though 22:45.200 --> 22:46.460 for using a VPN over Tora. 22:47.260 --> 22:48.380 Yeah, I mean, it's a VPN. 22:48.700 --> 22:52.300 And if they get the VPN on IP, 22:54.380 --> 22:56.560 VPN companies can be subpoenaed 22:56.560 --> 22:57.880 to give information and all that, 22:57.940 --> 22:59.260 but it's an extra layer 22:59.260 --> 23:00.740 that helps ultimately 23:00.740 --> 23:04.020 and it helps to solve the timing attack a bit better. 23:05.860 --> 23:08.140 We had that guy on last week 23:08.140 --> 23:09.460 who was all about Tora. 23:09.620 --> 23:12.120 He gave a really good talk on it. 23:12.920 --> 23:15.200 And I think he's going to be coming down to Monarotopia. 23:15.400 --> 23:16.720 Maybe we'll have him run a workshop. 23:17.540 --> 23:18.080 All right. 23:18.220 --> 23:20.020 We got a tweet from Myra Hurley. 23:20.360 --> 23:21.560 Trump did a Bitcoin transaction. 23:22.180 --> 23:25.020 No, we just showed everyone how bad Bitcoin's UX is. 23:25.220 --> 23:26.600 Let's walk through what happened. 23:26.600 --> 23:29.400 Air quote Trump did a Bitcoin transaction. 23:29.680 --> 23:30.920 What do you see in the video? 23:31.340 --> 23:33.280 Everything is pre-filled on the phone, 23:33.280 --> 23:34.860 which is then handed to Trump. 23:35.280 --> 23:38.240 All you need to do is scan the QR code right there. 23:38.440 --> 23:39.400 Something goes wrong. 23:39.540 --> 23:41.880 So the person next to Trump takes the phone 23:41.880 --> 23:42.760 and tries to scan. 23:43.200 --> 23:46.420 Someone did a Bitcoin transaction in front of Trump. 23:46.760 --> 23:47.900 Something else goes wrong. 23:48.200 --> 23:49.860 So yet another person takes over the phone 23:49.860 --> 23:50.920 to scan the QR code. 23:51.140 --> 23:51.900 What do we see? 23:52.300 --> 23:53.740 The app being used is strike, 23:54.300 --> 23:56.040 not the Bitcoin base layer. 23:56.600 --> 23:59.520 Someone did a lightning network transaction 23:59.520 --> 24:00.540 in front of Trump. 24:01.160 --> 24:02.540 Only even that is wrong. 24:03.060 --> 24:05.000 Strike is not a self-custodial wallet. 24:05.660 --> 24:07.060 A custodial wallet is a wallet 24:07.060 --> 24:08.580 where a trusted third party manages 24:08.580 --> 24:10.780 the private keys on your behalf, like strike. 24:11.360 --> 24:13.140 Someone used a trusted third party 24:13.140 --> 24:14.800 to do a lightning network transaction 24:14.800 --> 24:15.600 in front of Trump. 24:16.060 --> 24:16.800 The video continues. 24:17.120 --> 24:18.540 After taking over the phone and scanning, 24:18.940 --> 24:19.700 the guy partly says, 24:20.040 --> 24:21.520 and fantastic, it went through. 24:22.120 --> 24:23.660 Only it didn't. 24:24.220 --> 24:26.260 Cash only shirt guy takes the phone 24:26.260 --> 24:28.000 and the tablet tries to figure out 24:28.000 --> 24:28.660 what went wrong. 24:28.960 --> 24:30.300 Scans the QR code again. 24:30.680 --> 24:30.940 Waiting. 24:31.660 --> 24:33.120 Oh, it did go through. 24:33.720 --> 24:34.320 But did it really? 24:34.840 --> 24:36.520 First of all, this wasn't on chain. 24:36.780 --> 24:38.660 It wasn't even using a self-custodial 24:38.660 --> 24:39.200 lightning wallet. 24:39.600 --> 24:40.860 It used custodial strike. 24:41.500 --> 24:42.380 Where is strike available? 24:42.880 --> 24:44.560 Strike is available to all U.S. residents 24:44.560 --> 24:45.960 and residents of Puerto Rico, 24:46.160 --> 24:47.660 including New York and U.S. 24:47.740 --> 24:49.400 other territories and possessions. 24:49.740 --> 24:51.120 Please note that it isn't possible 24:51.120 --> 24:51.900 to create an account 24:51.900 --> 24:53.440 if you live in an unsupported region. 24:53.660 --> 24:55.460 Someone used a trusted third party 24:55.460 --> 24:56.820 to do a lightning network transaction 24:56.820 --> 24:57.500 in front of Trump 24:57.500 --> 24:58.880 using an app the people in the bar 24:58.880 --> 24:59.660 can't even install. 25:00.720 --> 25:02.540 Even the eventual completion 25:02.540 --> 25:04.140 of the transaction is doubtful. 25:04.580 --> 25:06.020 The guy quickly puts away the tablet 25:06.020 --> 25:07.640 or phone rather than proudly showing 25:07.640 --> 25:08.860 off the completed transaction. 25:09.400 --> 25:11.120 Yes, I'm being very cynical here. 25:11.260 --> 25:12.640 I'm happy at how far we've come 25:12.640 --> 25:13.620 to have a presidential candidate 25:13.620 --> 25:14.860 interested in crypto. 25:15.360 --> 25:17.040 But this was a terrible showing for crypto. 25:17.280 --> 25:18.180 Is this what people expect 25:18.180 --> 25:19.100 from the future of money? 25:19.340 --> 25:20.920 This was presumably a scripted event 25:20.920 --> 25:22.060 with people thinking through 25:22.060 --> 25:23.500 the very best way to show off Bitcoin. 25:24.040 --> 25:25.240 Yet the best we can do 25:25.240 --> 25:26.540 is a minute long video 25:26.540 --> 25:28.320 of someone trying to pay on his behalf 25:28.320 --> 25:29.440 using a custodial wallet 25:29.440 --> 25:31.200 that isn't available to the people of New York. 25:31.680 --> 25:31.900 Come on. 26:16.200 --> 26:18.740 We needed me to bust through the door at that moment. 26:22.020 --> 26:22.920 Oh, it did go through. 26:23.600 --> 26:24.440 All right, we're done. 26:24.700 --> 26:27.680 First transaction by a president 26:28.380 --> 26:29.880 on the Bitcoin protocol. 26:30.460 --> 26:31.200 That's great. 26:35.180 --> 26:37.120 Hello, everybody. 26:37.580 --> 26:38.860 I got to go back and see them. 26:39.080 --> 26:39.660 Well, let's go. 26:39.900 --> 26:40.180 Come on. 26:40.200 --> 26:40.720 Right this way. 26:43.220 --> 26:44.340 Thank you, everybody. 26:44.680 --> 26:45.620 Sir, what's your reaction 26:45.620 --> 26:47.360 that's an interest rate set? 26:49.540 --> 26:51.560 So that was pretty much it. 26:54.240 --> 26:58.660 He was not the first Bitcoin transaction on the Bitcoin. 26:58.660 --> 26:59.780 He wasn't an actual Bitcoin. 27:00.080 --> 27:02.420 Yeah, it was a custodial, right? 27:02.640 --> 27:04.520 custodial lightning transaction. 27:05.160 --> 27:07.760 And it's funny because I was actually here 27:07.760 --> 27:09.000 a few weeks ago. 27:09.320 --> 27:10.480 This is pub keys. 27:11.080 --> 27:13.560 I can't believe you've been there before me. 27:13.560 --> 27:15.140 I actually met this guy right here. 27:15.220 --> 27:15.860 He's a cool guy. 27:16.440 --> 27:20.280 I met him and we were on a podcast episode briefly. 27:21.720 --> 27:23.360 But yeah, it's a little disappointing. 27:24.760 --> 27:28.620 Yeah, it's cool that I guess in some ways 27:28.620 --> 27:29.000 it's cool. 27:29.120 --> 27:30.900 Some ways it's not that Trump is interested 27:30.900 --> 27:31.540 in the cryptocurrency. 27:32.780 --> 27:35.240 What do they use in there? 27:35.340 --> 27:37.340 Are they using BTC pay server on their end? 27:37.800 --> 27:38.360 I have no idea. 27:39.540 --> 27:40.400 I have no idea. 27:40.560 --> 27:41.260 I couldn't tell you. 27:41.420 --> 27:42.700 You didn't buy anything there. 27:42.840 --> 27:44.020 You didn't buy beer. 27:46.060 --> 27:47.760 Well, I didn't pay for it myself. 27:48.700 --> 27:50.520 I have no idea what it was. 27:51.560 --> 27:54.080 Maybe I could just hang out there and get them to add Monera. 27:57.540 --> 27:59.860 Yeah, it's disappointing though that it was a 28:00.480 --> 28:02.400 essentially it was just a custodial lightning, 28:03.160 --> 28:04.420 not even true lightning. 28:04.560 --> 28:06.280 It was just a custodial lightning transaction 28:06.280 --> 28:09.000 that clearly had some technical difficulties. 28:09.180 --> 28:10.720 And if you play back this beginning part, 28:10.820 --> 28:12.340 you can hear them say technical difficulties. 28:13.100 --> 28:14.800 Yeah, so not a great showing. 28:15.320 --> 28:16.720 It's like, oh, this is what it is. 28:16.980 --> 28:18.960 You have to fiddle around with it to get to work. 28:19.300 --> 28:20.160 Not a great showing. 28:22.600 --> 28:25.880 Obviously, crypto is currently not as seamless 28:25.880 --> 28:30.320 as just tapping your credit card at the payment terminal. 28:30.960 --> 28:35.140 But that's got a lot of other stuff going on 28:35.140 --> 28:39.360 that makes it not non-custodial, right? 28:39.780 --> 28:43.940 And makes it not uncontrollable. 28:44.420 --> 28:46.840 So does not get the crypto thing. 28:47.400 --> 28:48.320 No, he doesn't. 28:48.480 --> 28:48.760 He doesn't. 28:49.060 --> 28:51.020 He's got the selling stuff. 28:51.920 --> 28:53.720 I'm getting voters and I'm selling it. 28:53.720 --> 28:56.080 Then he had his announcement the other day, right? 28:56.160 --> 28:57.940 Where he's, what is it that they're launching? 28:58.340 --> 28:59.980 Like some of their own crypto project? 29:00.460 --> 29:01.200 I have no idea. 29:01.740 --> 29:03.560 I don't even pay attention to stuff anymore. 29:04.580 --> 29:07.540 They had like a three-hour spaces like the Trump Sons. 29:07.800 --> 29:08.940 And it has nothing to do with Bitcoin. 29:09.120 --> 29:10.840 I think it's like their own coin or something. 29:11.100 --> 29:14.260 It's like, you guys just, you know, 29:14.820 --> 29:16.140 you completely missed the whole concept. 29:16.280 --> 29:17.740 I mean, what they understand, 29:18.120 --> 29:19.460 they know how to make money, right? 29:19.460 --> 29:20.660 So they'll get all these. 29:21.900 --> 29:24.240 Or I've got a couple of super chats here. 29:24.440 --> 29:25.520 Rebel capitalist tip $1. 29:25.620 --> 29:27.600 Doug, who would you recommend to present Manera 29:27.600 --> 29:29.300 at the yearly Rebel Capitalist Live? 29:29.840 --> 29:31.860 Mark Moss usually represents the Bitcoin Maxi perspective. 29:32.220 --> 29:35.420 Most people there have no clue about BTC being a butt naked ledger 29:35.420 --> 29:37.560 and all the accompanying name problems. 29:38.500 --> 29:39.680 I'll come down there. 29:40.600 --> 29:41.420 Doug will do it. 29:41.460 --> 29:42.900 You know, or we get other people. 29:43.060 --> 29:45.340 Yeah, we get, you get tucks. 29:45.720 --> 29:46.100 You get me. 29:47.940 --> 29:50.660 Shit, obviously I like somebody like a Howard Chu 29:50.660 --> 29:51.520 would be amazing. 29:54.060 --> 29:56.840 Dale Kim, but we haven't seen him around in a while. 29:58.220 --> 29:59.560 But yeah, I'd be down. 29:59.760 --> 30:00.620 I'm sure tucks would be down. 30:01.660 --> 30:04.360 Should have used cake wallet tip $1. 30:04.760 --> 30:07.880 Trump cannot be trusted cake wallet or bust. 30:08.100 --> 30:08.320 I agree. 30:08.620 --> 30:09.340 Should have used cake wallet. 30:10.020 --> 30:11.300 Cake wallet with Manero. 30:12.120 --> 30:13.440 It does surprise me sometimes. 30:14.240 --> 30:16.660 No, Manero obviously is a layer once a year too. 30:17.220 --> 30:18.960 It does surprise me sometimes though. 30:19.200 --> 30:23.200 I will send a transaction from cake wallet 30:23.200 --> 30:25.400 like just a Manero transaction using my own node. 30:26.180 --> 30:29.000 And by the time I look back up on my computer screen, 30:29.200 --> 30:32.000 it's already been detected. 30:33.320 --> 30:35.140 So Manero's, it's pretty fast. 30:35.900 --> 30:37.500 In terms of waiting for confirmations. 30:37.740 --> 30:38.380 Yeah, you have to wait. 30:38.460 --> 30:40.020 But if you're, if you're to small payment 30:40.560 --> 30:42.380 and you are willing to do zero comp, 30:42.380 --> 30:43.520 it's very quick. 30:45.800 --> 30:48.420 So all right, got a couple more here. 30:48.640 --> 30:49.780 Let's go and get through these. 30:50.100 --> 30:51.520 I got a tweet from an air revolution. 30:52.160 --> 30:54.480 Total fraud penalties for banks since 2000. 30:56.620 --> 31:03.660 $389 trillion, no billion, $345,231,111. 31:04.640 --> 31:06.000 So that's a lot. 31:07.080 --> 31:10.180 And that's penalties that banks have paid 31:10.180 --> 31:11.840 probably just in the U.S. 31:12.380 --> 31:14.420 or maybe well, that's the way we should bank. 31:14.900 --> 31:15.980 Just banks in general. 31:17.380 --> 31:20.920 Top 10 current parent companies, top total penalty. 31:22.160 --> 31:25.280 So that's, so they've paid almost $400 billion of penalties 31:25.280 --> 31:30.580 since 2000 banks for doing what banks do. 31:31.840 --> 31:33.180 Third of a trillion dollars. 31:33.360 --> 31:34.080 Yep, crazy. 31:35.200 --> 31:36.700 But Manero's for criminals, right? 31:36.900 --> 31:38.260 Yes, Manero's for bad boys. 31:38.500 --> 31:40.140 You have to be a bad boy to use Manero. 31:43.100 --> 31:46.000 Hey, we got a tweet from our beloved Vic Sharma. 31:46.480 --> 31:48.980 Hey, look what's on that XMR Bazaar. 31:50.200 --> 31:52.380 2017 rolls, Royce Wraith. 31:52.560 --> 31:53.820 We showed this off earlier. 31:54.320 --> 32:00.000 You can buy this for a cool $1,200 XMR, $212,000. 32:00.080 --> 32:01.720 Is that thing bulletproof? 32:02.620 --> 32:04.940 It better be, it better be for that price. 32:06.000 --> 32:07.200 Yeah, look at that. 32:07.400 --> 32:07.980 It's like a monster. 32:08.180 --> 32:08.580 That is pretty wild. 32:08.880 --> 32:09.220 Look at that, crazy. 32:09.220 --> 32:09.920 That is pretty wild. 32:11.000 --> 32:12.280 Beautiful, beautiful. 32:12.500 --> 32:15.300 Vic should just keep it and paint that Manero orange 32:15.300 --> 32:16.240 and put a big-ass Manero. 32:16.440 --> 32:19.100 Giant cake wallet, Manero, yep. 32:20.560 --> 32:23.320 I'm sure he would be down for that if he was going to keep it. 32:26.080 --> 32:28.220 And last, we have another tweet from- 32:28.220 --> 32:29.620 Love to see somebody buy it though, right? 32:29.780 --> 32:30.440 I mean, who knows? 32:30.620 --> 32:31.220 Yes, it would be cool. 32:31.340 --> 32:31.820 Straight, it would be cool. 32:31.960 --> 32:32.280 You never know. 32:33.060 --> 32:33.580 Uh-oh. 32:33.920 --> 32:37.920 Looks like the branding got changed to something. 32:39.920 --> 32:40.360 What branding? 32:40.840 --> 32:41.080 Let me hide that. 32:41.600 --> 32:42.120 Oh, shit. 32:42.780 --> 32:43.220 You know what? 32:43.420 --> 32:45.200 That's me, I think, because I moved, 32:45.780 --> 32:46.920 because I was trying to play a thing. 32:47.060 --> 32:47.420 Hold up. 32:48.280 --> 32:49.180 Did I do that? 32:52.740 --> 32:55.280 Whatever, I'm going to read this off anyway. 32:56.220 --> 32:58.000 Last one is a tweet from Vic. 32:58.180 --> 32:59.840 Once again, fully air-gapped Manero transaction 32:59.840 --> 33:00.700 in cake wallet. 33:01.360 --> 33:04.080 So this is Vic showing off very, very, very early 33:04.080 --> 33:06.040 features and stuff as usual. 33:06.660 --> 33:09.660 This is an app that cake is developing 33:10.560 --> 33:13.500 that will be basically an air-gapped app 33:13.500 --> 33:14.420 that'll work with cake wallet 33:14.960 --> 33:17.140 using the same live QR code protocol 33:17.760 --> 33:18.980 that works with Anonero. 33:20.500 --> 33:23.140 So this is similar to what Manero's you. 33:23.460 --> 33:24.600 What would they call it, Theria? 33:24.940 --> 33:25.040 Cake? 33:25.260 --> 33:25.500 No. 33:25.700 --> 33:26.140 What would they call it? 33:26.160 --> 33:27.260 No, it's not actually. 33:27.620 --> 33:29.420 Well, later on we'll add support, 33:30.300 --> 33:32.960 but Sidekick is using basically 33:32.960 --> 33:34.460 the Ledger protocol with Bluetooth. 33:35.240 --> 33:36.920 We'll add support for that later on. 33:37.220 --> 33:38.920 This is more of what Anonero is doing, 33:38.920 --> 33:41.660 which is live QR codes that you scan. 33:42.040 --> 33:42.940 So it's truly air-gapped. 33:44.960 --> 33:49.160 And so the idea is that you can have your cold storage wallet 33:49.160 --> 33:51.760 be like a GraphinOS phone 33:52.360 --> 33:55.780 and you just keep it offline 33:55.780 --> 33:57.620 and you can use that to sign your transactions. 33:58.080 --> 34:00.940 And the main point of developing a separate app 34:00.940 --> 34:02.600 to do this is that we can 34:02.600 --> 34:04.180 remove the network permission 34:04.180 --> 34:07.320 from the second Apple together, right? 34:07.320 --> 34:09.400 So even though if you use GraphinOS 34:09.400 --> 34:11.960 you can manually disable network access for apps. 34:12.240 --> 34:14.160 If you don't use GraphinOS you can't even do that. 34:15.640 --> 34:17.700 With this new app it won't even have 34:18.220 --> 34:19.700 network permission at all. 34:20.000 --> 34:24.180 It'll just be purely offline, which will be the point. 34:24.920 --> 34:28.420 Would people theoretically be able to use an iPhone 34:28.420 --> 34:30.280 for their offline phone for this or no? 34:31.520 --> 34:32.960 They could if they wanted to. 34:33.260 --> 34:35.360 If they really, yeah, they could if they really wanted to. 34:35.920 --> 34:39.760 I'd recommend having like a new GraphinOS phone 34:39.760 --> 34:41.500 for something like this personally. 34:41.940 --> 34:44.040 But yeah, you could use whatever you wanted really. 34:45.100 --> 34:47.000 Yeah, so for those who don't totally understand 34:47.000 --> 34:47.500 what we're talking about, 34:47.580 --> 34:48.960 I mean that basically becomes 34:48.960 --> 34:50.500 could become your new hardware wallet. 34:50.880 --> 34:53.440 So like a Graphin phone that's just dedicated, 34:53.800 --> 34:56.880 it's offline, it's holding your private keys, 34:57.040 --> 34:59.580 your seed, and then whenever you go to spend Monero 34:59.580 --> 35:02.400 on your live device, your other phone, 35:02.400 --> 35:04.940 you would sign the transaction with your, 35:05.140 --> 35:07.140 with this offline phone that's dedicated 35:07.140 --> 35:08.280 to just hold your keys. 35:08.580 --> 35:13.420 And now you effectively have a nice hardware wallet for Monero. 35:14.020 --> 35:17.680 And I've always liked the idea of hardware wallets 35:17.680 --> 35:19.420 now that would be coming in the form 35:19.420 --> 35:20.640 of something like a Graphin phone. 35:20.740 --> 35:21.660 So you're not on the radar 35:21.660 --> 35:23.620 when you're purchasing this hardware wallet, right? 35:23.760 --> 35:24.440 And you're not- 35:24.440 --> 35:25.980 Yeah, you have, there's less a chance 35:25.980 --> 35:29.860 of like a supply chain attack specific to a hardware wallet. 35:29.860 --> 35:33.320 And there's less chance of having like a specific attack 35:34.440 --> 35:37.080 relating to retrieving crypto keys 35:37.080 --> 35:38.920 because it's a phone, right? 35:39.100 --> 35:41.680 It's a phone, it's not like 35:41.680 --> 35:43.760 you see someone's ledger sitting out, right? 35:43.860 --> 35:45.400 And you're like, oh yeah, that probably has like 35:45.400 --> 35:47.900 tens of thousands, maybe millions of dollars on it. 35:48.260 --> 35:50.680 You could just have a spare phone 35:50.680 --> 35:51.980 just sitting around somewhere. 35:52.460 --> 35:54.860 And if you keep it offline all the time, 35:56.960 --> 35:59.280 all your storage will be fully encrypted. 35:59.280 --> 36:01.080 And it won't be accessible regardless. 36:02.580 --> 36:04.400 So just turn it on when you need to use it 36:05.560 --> 36:06.820 and turn it off when you're done with it. 36:06.880 --> 36:08.280 And it'll be a very good solution.