... that are often pictured when you see a news article about bitcoin. there are often be like a pile of casascius coins and they're all gold, and so-

DH-AE1 T-AA1 R-AO1 F-AH0-N P-IH1-K CH-ER0 D-W-EH1 N-Y-UW1 S-IY1 AH0 N-UW1 Z-AA1-R T-AH0 K-AH0 L-AH0 B-AW1-T B-IH1-T K-AH0-N DH-EH1 R-AA1 R-AO1 F-AH0-N B-IY1 L-AY1 K-AH0 P-AY1 L-AH1-V K-AH0 S-AE1-S CH-AH0-S K-OY1-N Z-AH0-N-D TH-EH1 R-AO1-L G-OW1-L D-AH0-N-D S-OW1


... people start to associate bitcoin with gold and then you have litecoins come out and then-

P-IY1 P-AH0-L-S T-AA1-R-T T-UW1 AH0 S-OW1 S-IY0 EY2-T B-IH1-T K-AH0 N-W-IH1-DH G-OW1-L D-AH0-N-D DH-EH1 N-Y-UW1 HH-AE1 V-L-IH1 T-IH0 K-W-AA2-N-Z K-AH1 M-AW1 T-AH0-N-D DH-EH1-N


... their logo is silver with a little l, just like the bitcoin b. and then-

DH-EH1-R L-OW1 G-OW0 IH1-Z S-IH1-L V-ER0 W-IH1 DH-AH0 L-IH1 T-AH0 L-EH1-L JH-AH1-S T-L-AY1-K DH-AH0 B-IH1-T K-AH0-N B-IY1 AH0-N-D DH-EH1-N


... the marketing for these different coins gets associated with different metals. did you-

DH-AH0 M-AA1-R K-AH0 T-IH0-NG F-AO1-R DH-IY1-Z D-IH1 F-ER0 AH0-N-T K-OY1-N-Z G-EH1-T S-AH0 S-OW1 S-IY0 EY2 T-AH0 D-W-IH1-DH D-IH1 F-ER0 AH0-N T-M-EH1 T-AH0-L-Z D-IH1 D-Y-UW1


... the brass was... it was the most sensible.

DH-AH0 B-R-AE1 S-W-AA1 Z-IH1 T-W-AA1-Z DH-AH0 M-OW1-S-T S-EH1-N S-AH0 B-AH0-L


and the idea i had in mind was more of an educational pursuit-

AH0-N-D DH-AH0 AY0 D-IY1 AH0 AY1 HH-AE1 D-IH0-N M-AY1-N D-W-AA1 Z-M-AO1 R-AH1 V-AE1 N-EH2 JH-AH0 K-EY1 SH-AH0 N-AH0-L P-ER0 S-UW1-T


i really just wanted, and excuse me for calling it a-

AY1 R-IH1 L-IY0 JH-AH1-S T-W-AA1-N T-AH0 D-AH0-N D-IH0-K-S K-Y-UW1 Z-M-IY1 F-AO1-R K-AO1 L-IH0 NG-IH1 T-AH0


... gimmick, but i just wanted a gimmick to get in people's minds. i want-

G-IH1 M-IH0-K B-AH1 T-AY1 JH-AH1-S T-W-AA1-N T-AH0 D-AH0 G-IH1 M-IH0-K T-UW1 G-EH1 T-IH0-N P-IY1 P-AH0-L Z-M-AY1-N-D Z-AY1 W-AA1-N-T


yeah. would you ever consider doing this with other altcoins, like making a silver piece that has litecoins on it or something?

Y-AE1 W-UH1 D-Y-UW1 EH1 V-ER0 K-AH0-N S-IH1 D-ER0 D-UW1 IH0-NG DH-IH1 S-W-IH1 DH-AH1 DH-ER0 AE1-L-T K-OY0-N Z-L-AY1 K-M-EY1 K-IH0 NG-AH0 S-IH1-L V-ER0 P-IY1-S DH-AE1-T HH-AE1 Z-L-IH1 T-IH0 K-W-AA2-N Z-AA1 N-IH1 T-AO1-R S-AH1-M TH-IH0-NG


i probably... well, the answer is probably not. i'd probably support somebody else doing it.

AY1 P-R-AA1 B-AH0 B-L-IY0 W-EH1-L DH-AH0 AE1-N S-ER0 IH1-Z P-R-AA1 B-AH0 B-L-IY0 N-AA1 T-IH1-D P-R-AA1 B-AH0 B-L-IY0 S-AH0 P-AO1-R-T S-AH1-M B-AA2 D-IY0 EH1-L-S D-UW1 IH0 NG-IH1-T


i mean, have you kind of stepped back from making the casascius-

AY1 M-IY1-N HH-AE1 V-Y-UW1 K-AY1-N D-AH1-V-S T-EH1-P-T B-AE1-K F-R-AH1-M M-EY1 K-IH0-NG DH-AH0 K-AH0 S-AE1-S CH-AH0-S


i noticed there was some changes to the website, that they-

AY1 N-OW1 T-AH0-S-T DH-EH1 R-W-AA1-Z S-AH1-M CH-EY1-N JH-AH0-Z T-UW1 DH-AH0 W-EH1-B S-AY2-T DH-AE1-T DH-EY1


i don't know. tell me what's going on with that.

AY1 D-AA1-N T-N-OW1 T-EH1-L M-IY1 W-AH0-T-S G-OW1 IH0 NG-AA1 N-W-IH1-DH DH-AE1-T


i'm imposing minimum order quantities, and so the price has gone up because-

IH1 M-IH0-M P-OW1 Z-IH0-NG M-IH1 N-AH0 M-AH0 M-AO1-R D-ER0 K-W-AA1-N T-AH0 T-IY0 Z-AH0-N-D S-OW1 DH-AH0 P-R-AY1-S HH-AE1-Z G-AO1 N-AH1-P B-IH0 K-AO1-Z


although the supply has stayed the same, the-

AO2-L DH-OW1 DH-AH0 S-AH0 P-L-AY1 HH-AE1-Z-S T-EY1-D DH-AH0 S-EY1-M DH-AH0


yeah. that makes sense. basic economic principles.

Y-AE1 DH-AE1 T-M-EY1-K-S S-EH1-N-S B-EY1 S-IH0 K-EH2 K-AH0 N-AA1 M-IH0-K P-R-IH1-N S-AH0 P-AH0-L-Z


but this has turned out to be really lucrative for you. for the... to the-

B-AH1-T DH-IH1-S HH-AE1-Z T-ER1-N D-AW1-T T-UW1 B-IY1 R-IH1 L-IY0 L-UW1 K-R-AH0 T-IH0-V F-AO1 R-Y-UW1 F-AO1-R DH-AH0 T-UW1 DH-AH0


i know, but you're only selling them for bitcoins. is that on purpose?yeah, that-

AY1 N-OW1 B-AH1 T-Y-UH1 R-OW1 N-L-IY0 S-EH1 L-IH0-NG DH-EH1-M F-AO1-R B-IH1-T K-AW2-N Z-IH1-Z DH-AE1 T-AA1-N P-ER0 P-OW1 S-IY0 AH0 DH-AE1-T


that's on purpose and that's for several reasons.

TH-AE1-T S-AA1-N P-ER1 P-AH0 S-AH0-N-D TH-AE1-T-S F-AO1-R S-EH1 V-R-AH0-L R-IY1 Z-AH0-N-Z


purchasing bitcoins, and just adds to the overhead. and then second, i feel.

P-ER1 CH-AH0 S-IH0-NG B-IH1-T K-AW2-N Z-AH0-N-D JH-AH1-S T-AE1-D-Z T-UW1 DH-AH0 OW1 V-ER0 HH-EH1 D-AH0-N-D DH-EH1-N S-EH1 K-AH0-N D-AY1 F-IY1-L


i don't want to even be coming close to exchanging money.

AY1 D-AA1-N T-W-AA1-N-T T-UW1 IY1 V-IH0-N B-IY1 K-AH1 M-IH0-NG K-L-OW1-S T-UW1 IH0-K-S CH-EY1-N JH-IH0-NG M-AH1 N-IY0


... large category of things that i'm not doing.

L-AA1-R-JH K-AE1 T-AH0 G-AO2 R-IY0 AH1-V TH-IH1-NG-Z DH-AE1 T-IH1-M N-AA1-T D-UW1 IH0-NG


is it just you or do you have a staff or?well, i have-

IH1 Z-IH1-T JH-AH1-S T-Y-UW1 AO1-R D-UW1 Y-UW1 HH-AE1 V-AH0-S T-AE1 F-AO1 R-W-EH2 L-AY1 HH-AE1-V


i have some help. i have some friends that-

AY1 HH-AE1-V S-AH1-M HH-EH1-L P-AY1 HH-AE1-V S-AH1-M F-R-EH1-N-D-Z DH-AE1-T


no, i actually operate a payroll business that's separate from-

N-OW1 AY1 AE1-K CH-AH0 W-AH0 L-IY0 AA1 P-ER0 EY2 T-AH0 P-EY1 R-OW2-L B-IH1 Z-N-AH0-S TH-AE1-T-S S-EH1 P-ER0 EY2-T F-R-AH1-M


... but it's separate.


yeah. i've heard that from quite a few people at this conference that they make for great gifts, but i-

Y-AE1 AY1-V HH-ER1-D DH-AE1-T F-R-AH1-M K-W-AY1 T-AH0 F-Y-UW1 P-IY1 P-AH0 L-AE1-T DH-IH1-S K-AA1-N F-ER0 AH0-N-S DH-AE1-T DH-EY1 M-EY1-K F-AO1-R G-R-EY1-T G-IH1-F-T-S B-AH1 T-AY1


how much would you recommend these? i mean-

HH-AW1 M-AH1 CH-W-UH1 D-Y-UW1 R-EH2 K-AH0 M-EH1-N-D DH-IY1 Z-AY1 M-IY1-N


would you recommend them as cold storage for bitcoin or would you just recommend them more on just their-

W-UH1 D-Y-UW1 R-EH2 K-AH0 M-EH1-N-D DH-EH1 M-AE1-Z K-OW1-L-D-S T-AO1 R-AH0-JH F-AO1-R B-IH1-T K-AH0 N-AO1 R-W-UH1 D-Y-UW1 JH-AH1-S T-R-EH2 K-AH0 M-EH1-N-D DH-EH1-M M-AO1 R-AA1-N JH-AH1-S-T DH-EH1-R


... coolness as bitcoin and it's educational?well-

K-UW1-L N-AH0 S-AE1-Z B-IH1-T K-AH0 N-AH0-N D-IH1-T S-IH0 D-AH2 K-Y-UW0 T-EY1 SH-AH0 L-AH0-N


i consider casascius coins primarily an-

AY1 K-AH0-N S-IH1 D-ER0 K-AH0 S-AE1-S CH-AH0-S K-OY1-N-Z P-R-AY0 M-EH1 R-AH0 L-IY0 AE1-N


... educational pursuit, so to answer the question about whether i would recommend them for cold storage-

EH2 JH-AH0 K-EY1 SH-AH0 N-AH0-L P-ER0 S-UW1-T S-OW1 T-UW1 AE1-N S-ER0 DH-AH0 K-W-EH1-S CH-AH0 N-AH0 B-AW1 T-W-EH1 DH-ER0 AY1 W-UH1 D-R-EH2 K-AH0 M-EH1-N-D DH-EH1-M F-AO1-R K-OW1-L-D-S T-AO1 R-AH0-JH


... ultimately, i want people to understand that when they buy casascius coin-

AH1-L T-AH0 M-AH0 T-L-IY0 AY1 W-AA1-N-T P-IY1 P-AH0-L T-UW1 AH2-N D-ER0-S T-AE1-N-D DH-AE1 T-W-EH1-N DH-EY1 B-AY1 K-AH0 S-AE1-S CH-AH0-S K-OY1-N


... which i don't deserve. and so the best way to do cold storage is for someone to print their own paper wallet.

W-IH1 CH-AY1 D-AA1-N-T D-IH0 Z-ER1 V-AH0-N-D S-OW1 DH-AH0 B-EH1-S T-W-EY1 T-UW1 D-UW1 K-OW1-L-D-S T-AO1 R-AH0 JH-IH1-Z F-AO1-R S-AH1 M-W-AH2-N T-UW1 P-R-IH1-N-T DH-EH1 R-OW1-N P-EY1 P-ER0 W-AO1 L-AH0-T


a trustworthy person, but there is no shame in admitting that-

AH0 T-R-AH1-S T-W-ER2 DH-IY0 P-ER1 S-AH0-N B-AH1-T DH-EH1 R-IH1 Z-N-OW1 SH-EY1 M-IH0 N-AE0 D-M-IH1 T-IH0-NG DH-AE1-T


sure, absolutely. yeah. a lot of people ask that question about them, and-

SH-UH1 R-AE2-B S-AH0 L-UW1 T-L-IY0 Y-AE1 AH0 L-AA1 T-AH1-V P-IY1 P-AH0 L-AE1-S-K DH-AE1-T K-W-EH1-S CH-AH0 N-AH0 B-AW1-T DH-EH1 M-AH0-N-D


... you're the man to ask.i have come up with a two-factor scheme-

Y-UH1-R DH-AH0 M-AE1-N T-UW1 AE1-S K-IY0 HH-AE1-V K-AH1 M-AH1 P-W-IH1 DH-AH0 T-W-AA1 F-AH0-K T-AA2-R-S K-IY1-M


... three, eight. it's a technical term... or a system that allows for creation of-

TH-R-IY1 EY1 T-IH1-T S-AH0 T-EH1 K-N-IH0 K-AH0-L T-ER1 M-AO1 R-AH0 S-IH1-S T-AH0-M DH-AE1 T-AH0 L-AW1-Z F-AO1-R K-R-IY0 EY1 SH-AH0 N-AH1-V


and what if the person... not to say that you would.

AH0-N D-W-AH1 T-IH1-F DH-AH0 P-ER1 S-AH0-N N-AA1-T T-UW1 S-EY1 DH-AE1 T-Y-UW1 W-UH1-D


obviously, you wouldn't, but what if somebody knew what the tag-

AA1-B V-IY0 AH0 S-L-IY0 Y-UW1 W-UH1 D-L-AH0-N-T B-AH1 T-W-AH1 T-IH1-F S-AH1-M B-AA2 D-IY0 N-UW1 W-AH1-T DH-AH0 T-AE1-G


adam, for those who don't know, he's kind of like the godfather of-

AE1 D-AH0-M F-AO1-R DH-OW1-Z HH-UW1 D-AA1-N T-N-OW1 HH-IY1-Z K-AY1-N D-AH1 V-L-AY1-K DH-AH0 G-AA1-D F-AA2 DH-ER0 AH1-V


in 2013, and... because that's how bitcoin put out-

IH0-N T-W-EH1-N T-IY0 TH-ER1 T-IY1 N-AH0-N-D B-IH0 K-AO1-Z TH-AE1-T-S HH-AW1 B-IH1-T K-AH0-N P-UH1 T-AW1-T


... this contest back then where they were calling for pilot episodes, and both me-

DH-IH1-S K-AA1-N T-EH0-S-T B-AE1-K DH-EH1 N-W-EH1-R DH-EY1 W-ER0 K-AO1 L-IH0-NG F-AO1-R P-AY1 L-AH0 T-EH1 P-AH0 S-OW2-D Z-AH0-N-D B-OW1 TH-M-IY1


... [inaudible 00:06:00] we were both excited about this, and then there was a conference call-

IH0 N-AO1 D-AH0 B-AH0-L Z-IH1 R-OW0 AW1 ER0-Z S-IH1-K S-M-IH1 N-AH0-T S-AH0-N-D Z-IH1 R-OW0 S-EH1 K-AH0-N-D Z-W-IY1 W-ER0 B-OW1 TH-IH0-K S-AY1 T-AH0 D-AH0 B-AW1-T DH-IH1 S-AH0-N-D DH-EH1-N DH-EH1 R-W-AA1 Z-AH0 K-AA1-N F-ER0 AH0-N-S K-AO1-L


... and there was me, [inaudible 00:06:08], and maybe two other people on there and we decided to do the show together.

AH0-N-D DH-EH1 R-W-AA1 Z-M-IY1 IH0 N-AO1 D-AH0 B-AH0-L Z-IH1 R-OW0 AW1 ER0-Z S-IH1-K S-M-IH1 N-AH0-T S-AH0-N D-EY1-T S-EH1 K-AH0-N-D Z-AH0-N D-M-EY1 B-IY0 T-UW1 AH1 DH-ER0 P-IY1 P-AH0 L-AA1-N DH-EH1 R-AH0-N D-W-IY1 D-IH0 S-AY1 D-IH0-D T-UW1 D-UW1 DH-AH0 SH-OW1 T-AH0 G-EH1 DH-ER0


it turned out very fortunately. so-

IH1-T T-ER1-N D-AW1-T V-EH1 R-IY0 F-AO1-R CH-AH0 N-AH0 T-L-IY0 S-OW1


so we're very excited to have him on, and of course, he's also been-

S-OW1 W-ER0 V-EH1 R-IY0 IH0-K S-AY1 T-AH0-D T-UW1 HH-AE1-V HH-IH1 M-AA1 N-AH0-N D-AH1-V K-AO1-R-S HH-IY1 Z-AO1-L S-OW0 B-IH1-N


... producing for a long time, the-

P-R-AH0 D-UW1 S-IH0-NG F-AO1 R-AH0 L-AO1-NG T-AY1-M DH-AH0


... the longest running and... well-

DH-AH0 L-AO1-NG G-AH0-S T-R-AH1 N-IH0 NG-AH0-N D-W-EH1-L


... certainly among the best known podcasts in the space, so thanks so much for coming on, adam.

S-ER1 T-AH0 N-L-IY0 AH0 M-AH1-NG DH-AH0 B-EH1-S T-N-OW1-N P-OW1-D K-AE2-S-T S-IH0-N DH-AH0-S P-EY1-S S-OW1 TH-AE1-NG-K-S S-OW1 M-AH1-CH F-AO1-R K-AH1 M-IH0 NG-AA1 N-AE1 D-AH0-M


well, i'd say maybe i'm the instigator, but-

W-EH1 L-IH1-D S-EY1 M-EY1 B-IY0 IH1-M DH-AH0 IH1-N-S T-AH0 G-EY2 T-ER0 B-AH1-T


... maker that kind of connected the dots there, but you-

M-EY1 K-ER0 DH-AE1-T K-AY1-N D-AH1-V K-AH0 N-EH1-K T-AH0-D DH-AH0 D-AA1-T-S DH-EH1-R B-AH1 T-Y-UW1


i think brian and i were in very different places in our lives. and-

AY1 TH-IH1-NG-K B-R-AY1 AH0 N-AH0-N D-AY1 W-ER0 IH0-N V-EH1 R-IY0 D-IH1 F-ER0 AH0-N-T P-L-EY1 S-AH0 Z-IH0 N-AW1 ER0 L-IH1-V Z-AH0-N-D


... everything that's happened since then... i think-

EH1 V-R-IY0 TH-IH2-NG TH-AE1-T-S HH-AE1 P-AH0-N-D S-IH1-N-S DH-EH1 N-AY1 TH-IH1-NG-K


... ever. i wouldn't have thought like three and-

EH1 V-ER0 AY1 W-UH1 D-L-AH0-N-T HH-AE1-V TH-AO1 T-L-AY1-K TH-R-IY1 AH0-N-D


... a half years later, we'd still be doing this and-

AH0 HH-AE1 F-Y-IH1-R Z-L-EY1 T-ER0 W-EH1-D-S T-IH1-L B-IY1 D-UW1 IH0-NG DH-IH1 S-AH0-N-D


... have become somewhat successful in this space, and so, yeah.

HH-AE1-V B-IH0 K-AH1-M S-AH1 M-W-AH1-T S-AH0-K S-EH1-S F-AH0 L-IH0-N DH-IH1-S-S P-EY1 S-AH0-N-D S-OW1 Y-AE1


well, it's been great to have you guys on the network, so i'm excited to share some of this stuff with you guys-

W-EH1 L-IH1-T-S B-IH1-N G-R-EY1-T T-UW1 HH-AE1 V-Y-UW1 G-AY1 Z-AA1-N DH-AH0 N-EH1 T-W-ER2-K S-OW1 IH1 M-IH0-K S-AY1 T-AH0-D T-UW1 SH-EH1-R S-AH1 M-AH1-V DH-IH1-S-S T-AH1 F-W-IH1 DH-Y-UW1 G-AY1-Z


... which we've been working on for a long time, talking about for a long time, and-

W-IH1 CH-W-IY1-V B-IH1 N-W-ER1 K-IH0 NG-AA1-N F-AO1 R-AH0 L-AO1-NG T-AY1-M T-AO1 K-IH0 NG-AH0 B-AW1-T F-AO1 R-AH0 L-AO1-NG T-AY1 M-AH0-N-D


... finally, we're ready to get into it. so-

F-AY1 N-AH0 L-IY0 W-ER0 R-EH1 D-IY0 T-UW1 G-EH1 T-IH0-N T-UW1 IH1-T S-OW1


... let's go.so with let's talk bitcoin, you've done-

L-EH1-T-S G-OW1 S-OW0 W-IH1 DH-L-EH1-T-S T-AO1-K B-IH1-T K-AH0 N-Y-UW1-V D-AH1-N


... 323 episodes... i was checking before... which is a ton, right? i guess just about four years since you launched.

TH-R-IY1 HH-AH1-N D-R-AH0 D-AH0-N-D T-W-EH1-N T-IY0 TH-R-IY1 EH1 P-AH0 S-OW2-D Z-AY1 W-AA1-Z CH-EH1 K-IH0-NG B-IH0 F-AO1 R-W-IH1 CH-IH1 Z-AH0 T-AH1 N-R-AY1 T-AY1 G-EH1-S JH-AH1-S T-AH0 B-AW1-T F-AO1 R-Y-IH1-R-Z S-IH1-N S-Y-UW1 L-AO1-N-CH-T


but recently, you guys have been taking a break.

B-AH1 T-R-IY1 S-AH0-N T-L-IY0 Y-UW1 G-AY1-Z HH-AE1-V B-IH1-N T-EY1 K-IH0 NG-AH0 B-R-EY1-K


andreas and stephanie and i think also you, you sounded a little bit-

AA0-N D-R-EY1 AH0 S-AH0-N-D-S T-EH1 F-AH0 N-IY0 AH0-N D-AY1 TH-IH1-NG K-AO1-L S-OW0 Y-UW1 Y-UW1 S-AW1-N D-AH0 D-AH0 L-IH1 T-AH0-L B-IH1-T


... i don't know, jaded a little bit, kind of disconnected from the community.

AY1 D-AA1-N T-N-OW1 JH-EY1 D-AH0 D-AH0 L-IH1 T-AH0-L B-IH1-T K-AY1-N D-AH1-V D-IH2-S K-AH0 N-EH1-K T-IH0-D F-R-AH1-M DH-AH0 K-AH0 M-Y-UW1 N-AH0 T-IY0


so can you run us through a little-

S-OW1 K-AE1 N-Y-UW1 R-AH1 N-AH1-S TH-R-UW1 AH0 L-IH1 T-AH0-L


... bit what's going on with let's talk bitcoin? what's next?

B-IH1 T-W-AH0-T-S G-OW1 IH0 NG-AA1 N-W-IH1 DH-L-EH1-T-S T-AO1-K B-IH1-T K-AH0 N-W-AH0-T S-N-EH1-K-S-T


what is the current status?

W-AH1 T-IH1-Z DH-AH0 K-ER1 AH0-N-T-S T-AE1 T-AH0-S


sure. yeah, so we did a lot of episodes of let's talk bitcoin. i actually-

SH-UH1 R-Y-AE1 S-OW1 W-IY1 D-IH1 D-AH0 L-AA1 T-AH1 V-EH1 P-AH0 S-OW2-D Z-AH1 V-L-EH1-T-S T-AO1-K B-IH1-T K-AH0 N-AY1 AE1-K CH-AH0 W-AH0 L-IY0


... recorded right now with andreas and stephanie and i talking about some of the stuff that's been happening over the last month while we've been on break.

R-AH0 K-AO1-R D-AH0 D-R-AY1 T-N-AW1 W-IH1 DH-AA0-N D-R-EY1 AH0 S-AH0-N-D-S T-EH1 F-AH0 N-IY0 AH0-N D-AY1 T-AO1 K-IH0 NG-AH0 B-AW1-T S-AH1 M-AH1-V DH-AH0-S T-AH1-F TH-AE1-T-S B-IH1-N HH-AE1 P-AH0 N-IH0 NG-OW1 V-ER0 DH-AH0 L-AE1-S T-M-AH1-N TH-W-AY1 L-W-IY1-V B-IH1 N-AA1-N B-R-EY1-K


but you're not wrong in that the show has gotten harder to do both because the community that when we got started-

B-AH1 T-Y-UH1-R N-AA1 T-R-AO1 NG-IH0-N DH-AE1-T DH-AH0 SH-OW1 HH-AE1-Z G-AA1 T-AH0-N HH-AA1-R D-ER0 T-UW1 D-UW1 B-OW1-TH B-IH0 K-AO1-Z DH-AH0 K-AH0 M-Y-UW1 N-AH0 T-IY0 DH-AE1 T-W-EH1 N-W-IY1 G-AA1-T-S T-AA1-R T-AH0-D


... used to be really aligned, used to be really kind of one entity, has instead become really factionalized. and i got-

Y-UW1-Z-D T-UW1 B-IY1 R-IH1 L-IY0 AH0 L-AY1-N D-Y-UW1-Z-D T-UW1 B-IY1 R-IH1 L-IY0 K-AY1-N D-AH1 V-W-AH1 N-EH1-N T-AH0 T-IY0 HH-AE1 Z-IH0-N-S T-EH1-D B-IH0 K-AH1 M-R-IH1 L-IY0 F-AE1-K SH-AH0 N-AH0 L-AY2-Z D-AH0-N D-AY1 G-AA1-T


... is that people change as time goes on, and that's been true for all the hosts on let's talk bitcoin, and it's also been true for basically everybody in the community.

IH1-Z DH-AE1-T P-IY1 P-AH0-L CH-EY1-N JH-AE1-Z T-AY1-M G-OW1 Z-AA1 N-AH0-N-D TH-AE1-T-S B-IH1-N T-R-UW1 F-AO1 R-AO1-L DH-AH0 HH-OW1-S-T S-AA1 N-L-EH1-T-S T-AO1-K B-IH1-T K-AH0 N-AH0-N D-IH1-T S-AO1-L S-OW0 B-IH1-N T-R-UW1 F-AO1-R B-EY1 S-IH0 K-L-IY0 EH1 V-R-IY0 B-AA2 D-IY0 IH0-N DH-AH0 K-AH0 M-Y-UW1 N-AH0 T-IY0


we all have the goals that we have for cryptocurrency and that we have for bitcoin-

W-IY1 AO1-L HH-AE1-V DH-AH0 G-OW1-L-Z DH-AE1 T-W-IY1 HH-AE1-V F-AO1-R K-R-IH1 P-AH0 K-Y-AH0 N-ER0 SH-IY0 AH0-N-D DH-AE1 T-W-IY1 HH-AE1-V F-AO1-R B-IH1-T K-AH0-N


and bitcoin hasn't necessarily behaved according-

AH0-N-D B-IH1-T K-AH0-N HH-AE1-S-N T-N-EH2 S-AH0 S-EH1 R-AH0 L-IY0 B-IH0 HH-EY1-V D-AH0 K-AO1-R D-IH0-NG


there's no simple answers to any of these things, but the answers are getting progressively more complex-

DH-EH1-R Z-N-OW1 S-IH1-M P-AH0 L-AE1-N S-ER0-Z T-UW1 EH1 N-IY0 AH1-V DH-IY1-Z TH-IH1-NG-Z B-AH1-T DH-AH0 AE1-N S-ER0 Z-AA1-R G-EH1 T-IH0-NG P-R-AA0 G-R-EH1 S-IH0 V-L-IY0 M-AO1-R K-AA1-M P-L-EH0-K-S


... and different people benefit from kind of different paths forward for all of these things. so i think that-

AH0-N-D D-IH1 F-ER0 AH0-N-T P-IY1 P-AH0-L B-EH1 N-AH0 F-IH0-T F-R-AH1-M K-AY1-N D-AH1-V D-IH1 F-ER0 AH0-N-T P-AE1-DH-Z F-AO1 R-W-ER0-D F-AO1 R-AO1 L-AH1-V DH-IY1-Z TH-IH1-NG-Z S-OW1 AY1 TH-IH1-NG-K DH-AE1-T


... cryptocurrency and bitcoin has become a lot more complicated since we started. and at the beginning, it was-

K-R-IH1 P-AH0 K-Y-AH0 N-ER0 SH-IY0 AH0-N-D B-IH1-T K-AH0-N HH-AE1-Z B-IH0 K-AH1 M-AH0 L-AA1 T-M-AO1-R K-AA1-M P-L-AH0 K-EY2 T-AH0-D S-IH1-N S-W-IY1-S T-AA1-R T-AH0 D-AH0-N D-AE1-T DH-AH0 B-IH0 G-IH1 N-IH0 NG-IH1 T-W-AA1-Z


... possible to kind of spend a couple of days a week or your entire life in some cases-

P-AA1 S-AH0 B-AH0-L T-UW1 K-AY1-N D-AH1-V-S P-EH1-N D-AH0 K-AH1 P-AH0 L-AH1-V D-EY1 Z-AH0 W-IY1 K-AO1 R-Y-AO1 R-IH0-N T-AY1 ER0 L-AY1 F-IH0-N S-AH1-M K-EY1 S-AH0-Z


... was a small enough amount of content out there and it was all relatively aligned because the people who are interested were-

W-AA1 Z-AH0 S-M-AO1 L-IH0 N-AH1 F-AH0 M-AW1-N T-AH1-V K-AA1-N T-EH0-N T-AW1-T DH-EH1 R-AH0-N D-IH1 T-W-AA1 Z-AO1-L R-EH1 L-AH0 T-IH0 V-L-IY0 AH0 L-AY1-N-D B-IH0 K-AO1-Z DH-AH0 P-IY1 P-AH0-L HH-UW1 AA1 R-IH1-N T-R-AH0-S T-AH0 D-W-ER0


over time, that's really changed, and instead, it's become very factionalized and people have different interests.

OW1 V-ER0 T-AY1-M TH-AE1-T S-R-IH1 L-IY0 CH-EY1-N-JH D-AH0-N D-IH0-N-S T-EH1 D-IH1-T-S B-IH0 K-AH1-M V-EH1 R-IY0 F-AE1-K SH-AH0 N-AH0 L-AY2-Z D-AH0-N-D P-IY1 P-AH0-L HH-AE1-V D-IH1 F-ER0 AH0-N T-IH1-N T-R-AH0-S-T-S


so from like andreas' perspective-

S-OW1 F-R-AH1 M-L-AY1 K-AA0-N D-R-EY1 AH0-S P-ER0-S P-EH1-K T-IH0-V


... he's now touring constantly, so that both gives him a great perspective, but-

HH-IY1 Z-N-AW1 T-UH1 R-IH0-NG K-AA1-N-S T-AH0-N T-L-IY0 S-OW1 DH-AE1-T B-OW1-TH G-IH1-V-Z HH-IH1 M-AH0 G-R-EY1-T P-ER0-S P-EH1-K T-IH0-V B-AH1-T


... it makes it hard for us to record because-

IH1 T-M-EY1-K S-IH1-T HH-AA1-R-D F-AO1 R-AH1-S T-UW1 R-IH0 K-AO1-R-D B-IH0 K-AO1-Z


... cape town, south africa recording with us at 10 o'clock at night.

K-EY1-P T-AW1-N S-AW1 TH-AE1 F-R-AH0 K-AH0 R-AH0 K-AO1-R D-IH0 NG-W-IH1 DH-AH1 S-AE1-T T-EH1 N-AH0 K-L-AA1 K-AE1 T-N-AY1-T


he's been all the heck over the place through a kind of tor-

HH-IY1-Z B-IH1 N-AO1-L DH-AH0 HH-EH1 K-OW1 V-ER0 DH-AH0 P-L-EY1-S TH-R-UW1 AH0 K-AY1-N D-AH1-V T-AO1-R


so there's that kind of difficulty that has made it just a little bit hard to do recordings from a technical standpoint.

S-OW1 DH-EH1-R-Z DH-AE1-T K-AY1-N D-AH1-V D-IH1 F-AH0 K-AH0-L T-IY0 DH-AE1-T HH-AE1 Z-M-EY1 D-IH1-T JH-AH1-S T-AH0 L-IH1 T-AH0-L B-IH1-T HH-AA1-R-D T-UW1 D-UW1 R-IH0 K-AO1-R D-IH0-NG-Z F-R-AH1 M-AH0 T-EH1 K-N-IH0 K-AH0-L-S T-AE1-N-D P-OY2-N-T


and then for stephanie and i were both in really different places than we where when we got started with this.

AH0-N-D DH-EH1-N F-AO1-R-S T-EH1 F-AH0 N-IY0 AH0-N D-AY1 W-ER0 B-OW1 TH-IH0 N-R-IH1 L-IY0 D-IH1 F-ER0 AH0-N-T P-L-EY1 S-AH0-Z DH-AE1 N-W-IY1 W-EH1 R-W-EH1 N-W-IY1 G-AA1-T-S T-AA1-R T-AH0 D-W-IH1-DH DH-IH1-S


and for me it's because i moved, and for stephanie it's-

AH0-N-D F-AO1-R M-IY1 IH1-T-S B-IH0 K-AO1 Z-AY1 M-UW1-V D-AH0-N-D F-AO1-R-S T-EH1 F-AH0 N-IY0 IH1-T-S


...because she didn't, right? stephanie's expectations have basically remained the same for cryptocurrency, have basically remained the same for bitcoin because the stuff that she wanted from it, the privacy-

B-IH0 K-AO1-Z SH-IY1 D-IH1 D-AH0-N T-R-AY1-T-S T-EH1 F-AH0 N-IY0 Z-EH2-K-S P-EH0-K T-EY1 SH-AH0-N-Z HH-AE1-V B-EY1 S-IH0 K-L-IY0 R-IH0 M-EY1-N-D DH-AH0 S-EY1-M F-AO1-R K-R-IH1 P-AH0 K-Y-AH0 N-ER0 SH-IY0 HH-AE1-V B-EY1 S-IH0 K-L-IY0 R-IH0 M-EY1-N-D DH-AH0 S-EY1-M F-AO1-R B-IH1-T K-AH0-N B-IH0 K-AO1-Z DH-AH0-S T-AH1-F DH-AE1-T SH-IY1 W-AA1-N T-AH0-D F-R-AH1 M-IH1-T DH-AH0 P-R-AY1 V-AH0 S-IY0


...kind of got those at the beginning and they've become much less emphasized as time has gone on. whereas for me,-

K-AY1-N D-AH1-V G-AA1-T DH-OW1 Z-AE1-T DH-AH0 B-IH0 G-IH1 N-IH0 NG-AH0-N-D DH-EY1-V B-IH0 K-AH1-M M-AH1 CH-L-EH1 S-EH1-M F-AH0 S-AY2-Z D-AE1-Z T-AY1-M HH-AE1-Z G-AO1 N-AA1 N-W-EH0 R-AE1-Z F-AO1-R M-IY1


... i've come to need to use the blockchain and need to think about the blockchain in fundamentally different ways than i did-

AY1-V K-AH1-M T-UW1 N-IY1-D T-UW1 Y-UW1-Z DH-AH0 B-L-AA1-K HH-EY2 N-AH0-N D-N-IY1-D T-UW1 TH-IH1-NG K-AH0 B-AW1-T DH-AH0 B-L-AA1-K HH-EY2 N-IH0-N F-AH2-N D-AH0 M-EH1-N T-AH0 L-IY0 D-IH1 F-ER0 AH0-N T-W-EY1-Z DH-AE1 N-AY1 D-IH1-D


... when i was just speculating or i was just using it personally as currency to do stuff.

W-EH1 N-AY1 W-AA1-Z JH-AH1-S-T-S P-EH1 K-Y-AH0 L-EY2 T-IH0 NG-AO1 R-AY1 W-AA1-Z JH-AH1-S T-Y-UW1 Z-IH0 NG-IH1-T P-ER1 S-AH0 N-AH0 L-IY0 AE1-Z K-ER1 AH0-N S-IY0 T-UW1 D-UW1-S T-AH1-F


so that's i think the thing that's changed is everything because-

S-OW1 TH-AE1-T S-AY1 TH-IH1-NG-K DH-AH0 TH-IH1-NG TH-AE1-T-S CH-EY1-N-JH D-IH1 Z-EH1 V-R-IY0 TH-IH2-NG B-IH0 K-AO1-Z


... bitcoin has changed, we've changed, the show's changed, the ecosystems changed back when we started doing the show. like you said.

B-IH1-T K-AH0-N HH-AE1-Z CH-EY1-N-JH D-W-IY1-V CH-EY1-N-JH-D DH-AH0 SH-OW1-Z CH-EY1-N-JH-D DH-AH0 IY1 K-OW0 S-IH2-S T-AH0-M-Z CH-EY1-N-JH-D B-AE1 K-W-EH1 N-W-IY1-S T-AA1-R T-AH0-D D-UW1 IH0-NG DH-AH0 SH-OW1 L-AY1 K-Y-UW1 S-EH1-D


... unified community, that's lacking content. so it was-

Y-UW1 N-AH0 F-AY2-D K-AH0 M-Y-UW1 N-AH0 T-IY0 TH-AE1-T S-L-AE1 K-IH0-NG K-AA1-N T-EH0-N-T S-OW1 IH1 T-W-AA1-Z


... gotten easier, it's gotten harder because there's more -

G-AA1 T-AH0 N-IY1 Z-IY0 ER0 IH1-T-S G-AA1 T-AH0-N HH-AA1-R D-ER0 B-IH0 K-AO1-Z DH-EH1-R Z-M-AO1-R


... competition, there's more interest, there's more all of these things.

K-AA2-M P-AH0 T-IH1 SH-AH0-N DH-EH1-R Z-M-AO1 R-IH1-N T-R-AH0-S-T DH-EH1-R Z-M-AO1 R-AO1 L-AH1-V DH-IY1-Z TH-IH1-NG-Z


so that said, let's start bitcoin isn't going away. i'm-

S-OW1 DH-AE1-T S-EH1 D-L-EH1-T-S-S T-AA1-R-T B-IH1-T K-AH0 N-IH1 S-AH0-N-T G-OW1 IH0 NG-AH0 W-EY1 IH1-M


... very pleased to say that we're-

V-EH1 R-IY0 P-L-IY1-Z-D T-UW1 S-EY1 DH-AE1 T-W-ER0


... where i think the show will be sustainable for at least a year and i hope far beyond that.

W-EH1 R-AY1 TH-IH1-NG-K DH-AH0 SH-OW1 W-IH1-L B-IY1 S-AH0-S T-EY1 N-AH0 B-AH0-L F-AO1 R-AE1 T-L-IY1-S T-AH0 Y-IH1 R-AH0-N D-AY1 HH-OW1-P F-AA1-R B-IH0 AA1-N-D DH-AE1-T


we will be returning to a weekly shows, a weekly episodes, and we have some guests lined up. one of the other things that-

W-IY1 W-IH1-L B-IY1 R-IH0 T-ER1 N-IH0-NG T-UW1 AH0 W-IY1 K-L-IY0 SH-OW1 Z-AH0 W-IY1 K-L-IY0 EH1 P-AH0 S-OW2-D Z-AH0-N D-W-IY1 HH-AE1-V S-AH1-M G-EH1-S-T S-L-AY1-N D-AH1 P-W-AH1 N-AH1-V DH-AH0 AH1 DH-ER0 TH-IH1-NG-Z DH-AE1-T


... was kind of different about the later show compared to the earlier show is that we used to do a lot of-

W-AA1-Z K-AY1-N D-AH1-V D-IH1 F-ER0 AH0-N T-AH0 B-AW1-T DH-AH0 L-EY1 T-ER0 SH-OW1 K-AH0-M P-EH1-R-D T-UW1 DH-AH0 ER1 L-IY0 ER0 SH-OW1 IH1-Z DH-AE1 T-W-IY1 Y-UW1-S-T T-UW1 D-UW1 AH0 L-AA1 T-AH1-V


... interviews with people who had businesses and projects and stuff-

IH1-N T-ER0 V-Y-UW2 Z-W-IH1-DH P-IY1 P-AH0-L HH-UW1 HH-AE1-D B-IH1 Z-N-AH0 S-AH0 Z-AH0-N-D P-R-AA1 JH-EH0-K-T S-AH0-N-D-S T-AH1-F


... like thing happened. it got really hard to do that because it wasn't just about talking to someone about their project anymore,-

L-AY1-K TH-IH1-NG HH-AE1 P-AH0-N D-IH1-T G-AA1 T-R-IH1 L-IY0 HH-AA1-R-D T-UW1 D-UW1 DH-AE1-T B-IH0 K-AO1 Z-IH1 T-W-AO1-S-T JH-AH1-S T-AH0 B-AW1-T T-AO1 K-IH0-NG T-UW1 S-AH1 M-W-AH2 N-AH0 B-AW1-T DH-EH1-R P-R-AA1 JH-EH0-K T-EH2 N-IY0 M-AO1-R


... and that was a position that i always felt very uncomfortable with.

AH0-N-D DH-AE1 T-W-AA1 Z-AH0 P-AH0 Z-IH1 SH-AH0-N DH-AE1 T-AY1 AO1 L-W-EY2-Z F-EH1-L-T V-EH1 R-IY0 AH0-N K-AH1-M F-ER0 T-AH0 B-AH0 L-W-IH1-DH


you seem to get everything back in order so that we can start again strong and-

Y-UW1 S-IY1-M T-UW1 G-EH1 T-EH1 V-R-IY0 TH-IH2-NG B-AE1 K-IH0 N-AO1-R D-ER0 S-OW1 DH-AE1 T-W-IY1 K-AE1-N-S T-AA1-R T-AH0 G-EH1-N-S T-R-AO1 NG-AH0-N-D


... keep doing this thing for a long time.

K-IY1-P D-UW1 IH0-NG DH-IH1-S TH-IH1-NG F-AO1 R-AH0 L-AO1-NG T-AY1-M


it's true that what you say there is that the ecosystem has morphed into something that is exponentially larger than what it was-

IH1-T-S T-R-UW1 DH-AE1 T-W-AH1 T-Y-UW1 S-EY1 DH-EH1 R-IH1-Z DH-AE1-T DH-AH0 IY1 K-OW0 S-IH2-S T-AH0-M HH-AE1 Z-M-AO1-R-F T-IH0-N T-UW1 S-AH1-M TH-IH0-NG DH-AE1 T-IH1 Z-EH2-K-S P-OW0 N-EH1-N SH-AH0 L-IY0 L-AA1-R JH-ER0 DH-AE1 N-W-AH1 T-IH1 T-W-AA1-Z


... back in 2013 when we started-

B-AE1 K-IH0-N T-W-EH1-N T-IY0 TH-ER1 T-IY1 N-W-EH1 N-W-IY1-S T-AA1-R T-AH0-D


... doing this. the number of projects has exploded, the number of currencies,-

D-UW1 IH0-NG DH-IH1-S DH-AH0 N-AH1-M B-ER0 AH1-V P-R-AA1 JH-EH0-K-T-S HH-AE1 Z-IH0-K-S P-L-OW1 D-AH0-D DH-AH0 N-AH1-M B-ER0 AH1-V K-ER1 AH0-N S-IY0-Z


... significant number of currencies are now gaining traction. from a content producers point of view, i see-

S-AH0 G-N-IH1 F-IH0 K-AH0-N T-N-AH1-M B-ER0 AH1-V K-ER1 AH0-N S-IY0 Z-AA1-R N-AW1 G-EY1 N-IH0-NG T-R-AE1-K SH-AH0-N F-R-AH1 M-AH0 K-AH0-N T-EH1-N-T P-R-AH0 D-UW1 S-ER0-Z P-OY1-N T-AH1-V V-Y-UW1 AY1 S-IY1


... it as a great opportunity to produce content about all these different things. now, on the other hand,-

IH1 T-AE1 Z-AH0 G-R-EY1 T-AA2 P-ER0 T-UW1 N-AH0 T-IY0 T-UW1 P-R-AH0 D-UW1-S K-AA1-N T-EH0-N T-AH0 B-AW1 T-AO1-L DH-IY1-Z D-IH1 F-ER0 AH0-N-T TH-IH1-NG Z-N-AW1 AA1-N DH-AH0 AH1 DH-ER0 HH-AE1-N-D


i also agree with you that it's hard to pick and choose because there's a lot of economic incentives for these projects-

AY1 AO1-L S-OW0 AH0 G-R-IY1 W-IH1 DH-Y-UW1 DH-AE1 T-IH1-T-S HH-AA1-R-D T-UW1 P-IH1 K-AH0-N-D CH-UW1-Z B-IH0 K-AO1-Z DH-EH1-R Z-AH0 L-AA1 T-AH1 V-EH2 K-AH0 N-AA1 M-IH0 K-IH0-N S-EH1-N T-IH0-V-Z F-AO1-R DH-IY1-Z P-R-AA1 JH-EH0-K-T-S


... to get on the air a lot of times. you have to choose which ones you want to,-

T-UW1 G-EH1 T-AA1-N DH-AH0 EH1 R-AH0 L-AA1 T-AH1-V T-AY1-M Z-Y-UW1 HH-AE1-V T-UW1 CH-UW1 Z-W-IH1 CH-W-AH1-N Z-Y-UW1 W-AA1-N-T T-UW1


... i wouldn't say endorsed, but have on the show because there is so much light riding on that-

AY1 W-UH1 D-L-AH0-N-T S-EY1 EH0-N D-AO1-R-S-T B-AH1-T HH-AE1 V-AA1-N DH-AH0 SH-OW1 B-IH0 K-AO1-Z DH-EH1 R-IH1-Z S-OW1 M-AH1 CH-L-AY1 T-R-AY1 D-IH0 NG-AA1-N DH-AE1-T


... if you endorse a project that's-

IH1 F-Y-UW1 EH0-N D-AO1-R S-AH0 P-R-AA1 JH-EH0-K-T TH-AE1-T-S


... not struggled with, but try to be-

N-AA1-T-S T-R-AH1 G-AH0-L D-W-IH1-DH B-AH1-T T-R-AY1 T-UW1 B-IY1


... vigilant about what types of projects-

V-IH1 JH-AH0 L-AH0-N T-AH0 B-AW1 T-W-AH1-T T-AY1-P S-AH1-V P-R-AA1 JH-EH0-K-T-S


... we're going to talk about. and a lot of the projects that we've talked about-

W-ER0 G-OW1 IH0-NG T-UW1 T-AO1 K-AH0 B-AW1 T-AH0-N D-AH0 L-AA1 T-AH1-V DH-AH0 P-R-AA1 JH-EH0-K-T-S DH-AE1 T-W-IY1-V T-AO1-K T-AH0 B-AW1-T


... throughout the years have a lot of them have disappeared or cease to exist.

TH-R-UW0 AW1-T DH-AH0 Y-IH1-R-Z HH-AE1 V-AH0 L-AA1 T-AH1-V DH-EH1-M HH-AE1-V D-IH2 S-AH0 P-IH1-R D-AO1-R S-IY1-S T-UW1 IH0-G Z-IH1-S-T


... and you mentioned that the show is going to... you'll keep doing the show at least for another year.

AH0-N D-Y-UW1 M-EH1-N SH-AH0-N-D DH-AE1-T DH-AH0 SH-OW1 IH1-Z G-OW1 IH0-NG T-UW1 Y-UW1-L K-IY1-P D-UW1 IH0-NG DH-AH0 SH-OW1 AE1 T-L-IY1-S-T F-AO1 R-AH0 N-AH1 DH-ER0 Y-IH1-R


is there a transformation from let's talk bitcoin before the break and let's talk bitcoin after this will pause."

IH1-Z DH-EH1 R-AH0 T-R-AE2-N-S F-ER0 M-EY1 SH-AH0-N F-R-AH1 M-L-EH1-T-S T-AO1-K B-IH1-T K-AH0-N B-IH0 F-AO1-R DH-AH0 B-R-EY1 K-AH0-N D-L-EH1-T-S T-AO1-K B-IH1-T K-AH0 N-AE1-F T-ER0 DH-IH1 S-W-IH1-L P-AO1-Z


i hope that the difference between the two is more frequent reliable episodes,-

AY1 HH-OW1-P DH-AE1-T DH-AH0 D-IH1 F-ER0 AH0-N-S B-IH0 T-W-IY1-N DH-AH0 T-UW1 IH1 Z-M-AO1-R F-R-IY1 K-W-AH0-N T-R-IH0 L-AY1 AH0 B-AH0 L-EH1 P-AH0 S-OW2-D-Z


... less of me leaning on prerecorded stuff because just-

L-EH1 S-AH1 V-M-IY1 L-IY1 N-IH0 NG-AA1-N P-R-IY2 R-IY0 K-AO1-R D-IH0-D-S T-AH1-F B-IH0 K-AO1-Z JH-AH1-S-T


... really that's what it's become. i put myself into a situation where i've-

R-IH1 L-IY0 TH-AE1-T S-W-AH1 T-IH1-T-S B-IH0 K-AH1 M-AY1 P-UH1 T-M-AY2 S-EH1-L F-IH0-N T-UW1 AH0 S-IH2 CH-UW0 EY1 SH-AH0 N-W-EH1 R-AY1-V


... continued to try and do everything for the show, and it's just a fail. it's-

K-AH0-N T-IH1 N-Y-UW0-D T-UW1 T-R-AY1 AH0-N-D D-UW1 EH1 V-R-IY0 TH-IH2-NG F-AO1-R DH-AH0 SH-OW1 AH0-N D-IH1-T-S JH-AH1-S T-AH0 F-EY1 L-IH1-T-S


... just like when i was not doing something else full time,-

JH-AH1-S T-L-AY1 K-W-EH1 N-AY1 W-AA1 Z-N-AA1-T D-UW1 IH0-NG S-AH1-M TH-IH0 NG-EH1-L-S F-UH1-L T-AY1-M


... and when i was doing something else full for a while, it-

AH0-N D-W-EH1 N-AY1 W-AA1-Z D-UW1 IH0-NG S-AH1-M TH-IH0 NG-EH1-L-S F-UH1-L F-AO1 R-AH0 W-AY1 L-IH1-T


... become completely impossible for you to do that.

B-IH0 K-AH1-M K-AH0-M P-L-IY1 T-L-IY0 IH0-M P-AA1 S-AH0 B-AH0-L F-AO1 R-Y-UW1 T-UW1 D-UW1 DH-AE1-T


you guys do a really great job of systemizing your show. you've got a-

Y-UW1 G-AY1-Z D-UW1 AH0 R-IH1 L-IY0 G-R-EY1-T JH-AA1 B-AH1-V S-IH1-S T-AH0 M-AY2 Z-IH0 NG-Y-AO1-R SH-OW1 Y-UW1-V G-AA1 T-AH0


... process and all of this stuff. we continue to be after even three and a half-

P-R-AA1 S-EH2 S-AH0-N D-AO1 L-AH1-V DH-IH1-S-S T-AH1 F-W-IY1 K-AH0-N T-IH1 N-Y-UW0 T-UW1 B-IY1 AE1-F T-ER0 IY1 V-IH0-N TH-R-IY1 AH0-N D-AH0 HH-AE1-F


... years, four years completely seat of our pants.

Y-IH1-R-Z F-AO1 R-Y-IH1-R-Z K-AH0-M P-L-IY1 T-L-IY0 S-IY1 T-AH1 V-AW1 ER0 P-AE1-N-T-S


we pull somebody on, there's no prep questions,-

W-IY1 P-UH1-L S-AH1-M B-AA2 D-IY0 AA1-N DH-EH1-R Z-N-OW1 P-R-EH1-P K-W-EH1-S CH-AH0-N-Z


... we edit out a little bit of stuff for fl-.

W-IY1 EH1 D-AH0 T-AW1 T-AH0 L-IH1 T-AH0-L B-IH1 T-AH1-V-S T-AH1-F F-AO1-R F-EH1-L


so that's easy to do-


... if you're super plugged in.

IH1 F-Y-UH1-R S-UW1 P-ER0 P-L-AH1-G D-IH0-N


working on this other stuff, and you have to just block everything else out, if you want to try and be productive.

W-ER1 K-IH0 NG-AA1-N DH-IH1 S-AH1 DH-ER0-S T-AH1 F-AH0-N D-Y-UW1 HH-AE1-V T-UW1 JH-AH1-S-T B-L-AA1 K-EH1 V-R-IY0 TH-IH2 NG-EH1-L S-AW1 T-IH1 F-Y-UW1 W-AA1-N-T T-UW1 T-R-AY1 AH0-N-D B-IY1 P-R-AH0 D-AH1-K T-IH0-V


over the last couple of years, i've definitely shifted the balance in my life from-

OW1 V-ER0 DH-AH0 L-AE1-S-T K-AH1 P-AH0 L-AH1 V-Y-IH1-R Z-AY1-V D-EH1 F-AH0 N-AH0 T-L-IY0 SH-IH1-F T-AH0-D DH-AH0 B-AE1 L-AH0-N S-IH0-N M-AY1 L-AY1-F F-R-AH1-M


... treating myself as a journalist on the one side, treating myself as an entrepreneur on the other side. and the downside, good news, bad news is i still retain the ethic-

T-R-IY1 T-IH0-NG M-AY2 S-EH1-L F-AE1 Z-AH0 JH-ER1 N-AH0 L-AH0-S T-AA1-N DH-AH0 W-AH1-N S-AY1-D T-R-IY1 T-IH0-NG M-AY2 S-EH1-L F-AE1 Z-AE1 N-AA2-N T-R-AH0 P-R-AH0 N-ER1 AA1-N DH-AH0 AH1 DH-ER0 S-AY1 D-AH0-N-D DH-AH0 D-AW1-N S-AY2-D G-UH1 D-N-UW1-Z B-AE1 D-N-UW1 Z-IH1 Z-AY1-S T-IH1-L R-IH0 T-EY1-N DH-AH0 EH1 TH-IH0-K


... of all the guilt complexes with helping people-

AH1 V-AO1-L DH-AH0 G-IH1-L-T K-AA1-M P-L-EH0-K S-AH0 Z-W-IH1-DH HH-EH1-L P-IH0-NG P-IY1 P-AH0-L


... who are wind up then betraying the trust and all of that's-

HH-UW1 AA1 R-W-AY1-N D-AH1-P DH-EH1-N B-IH0 T-R-EY1 IH0-NG DH-AH0 T-R-AH1-S T-AH0-N D-AO1 L-AH1-V TH-AE1-T-S


... lacking the time to do that due diligence.

L-AE1 K-IH0-NG DH-AH0 T-AY1-M T-UW1 D-UW1 DH-AE1-T D-UW1 D-IH1 L-AH0 JH-AH0-N-S


i mean i wish we could, i wish we had the band-

AY1 M-IY1 N-AY1 W-IH1 SH-W-IY1 K-UH1 D-AY1 W-IH1 SH-W-IY1 HH-AE1-D DH-AH0 B-AE1-N-D


... width, but it's just not what we've done. and luckily, shows on the network have picked up that slack for us.

W-IH1-D-TH B-AH1 T-IH1-T-S JH-AH1-S T-N-AA1 T-W-AH1 T-W-IY1-V D-AH1 N-AH0-N D-L-AH1 K-AH0 L-IY0 SH-OW1 Z-AA1-N DH-AH0 N-EH1 T-W-ER2-K HH-AE1-V P-IH1-K T-AH1-P DH-AE1-T S-L-AE1-K F-AO1 R-AH1-S


such a bad thing that we had stopped doing that simply because it was creating opportunity for everybody else.

S-AH1 CH-AH0 B-AE1-D TH-IH1-NG DH-AE1 T-W-IY1 HH-AE1-D-S T-AA1-P-T D-UW1 IH0-NG DH-AE1-T S-IH1-M P-L-IY0 B-IH0 K-AO1 Z-IH1 T-W-AA1-Z K-R-IY0 EY1 T-IH0 NG-AA2 P-ER0 T-UW1 N-AH0 T-IY0 F-AO1 R-EH1 V-R-IY0 B-AA2 D-IY0 EH1-L-S


... is just as big a problem.

IH1-Z JH-AH1-S T-AE1-Z B-IH1 G-AH0 P-R-AA1 B-L-AH0-M


you feel bad as opposed to you're a bad person.

Y-UW1 F-IY1-L B-AE1 D-AE1 Z-AH0 P-OW1-Z-D T-UW1 Y-UH1 R-AH0 B-AE1-D P-ER1 S-AH0-N


but ultimately enabling any of it is still a net negative for everybody. and i think we've seen this from the amount of projects that are-

B-AH1 T-AH1-L T-AH0 M-AH0 T-L-IY0 EH0 N-EY1 B-AH0 L-IH0 NG-EH1 N-IY0 AH1 V-IH1 T-IH1-Z-S T-IH1 L-AH0 N-EH1 T-N-EH1 G-AH0 T-IH0-V F-AO1 R-EH1 V-R-IY0 B-AA2 D-IY0 AH0-N D-AY1 TH-IH1-NG K-W-IY1-V S-IY1-N DH-IH1-S F-R-AH1-M DH-AH0 AH0 M-AW1-N T-AH1-V P-R-AA1 JH-EH0-K-T-S DH-AE1 T-AA1-R


... actually, especially through the cryptocurrency stuff, but have-

AE1-K CH-AH0 W-AH0 L-IY0 AH0-S P-EH1 SH-L-IY0 TH-R-UW1 DH-AH0 K-R-IH1 P-AH0 K-Y-AH0 N-ER0 SH-IY0-S T-AH1-F B-AH1-T HH-AE1-V


... light coin was for a long time and feather coin too were for a long time-

L-AY1-T K-OY1 N-W-AA1-Z F-AO1 R-AH0 L-AO1-NG T-AY1 M-AH0-N-D F-EH1 DH-ER0 K-OY1-N T-UW1 W-ER0 F-AO1 R-AH0 L-AO1-NG T-AY1-M


... the most innovative cryptocurrencies out there besides bitcoin,-

DH-AH0 M-OW1-S T-IH1 N-AH0 V-EY2 T-IH0-V K-R-IH1-P K-AH0 Y-ER2 AH0 S-N-IY0 Z-AW1-T DH-EH1-R B-IH0 S-AY1-D-Z B-IH1-T K-AH0-N


... because they solve the problem of-

B-IH0 K-AO1-Z DH-EY1 S-AA1-L-V DH-AH0 P-R-AA1 B-L-AH0 M-AH1-V


... getting transaction sizes, even lower than bitcoin was able to with more numbers of tokens.

G-EH1 T-IH0-NG T-R-AE0-N Z-AE1-K SH-AH0-N S-AY1 Z-AH0 Z-IY1 V-IH0 N-L-OW1 ER0 DH-AE1-N B-IH1-T K-AH0 N-W-AA1 Z-EY1 B-AH0-L T-UW1 W-IH1 DH-M-AO1-R N-AH1-M B-ER0 Z-AH1-V T-OW1 K-AH0-N-Z


i mean this is not different where we are now, right?

AY1 M-IY1-N DH-IH1 S-IH1 Z-N-AA1-T D-IH1 F-ER0 AH0-N T-W-EH1 R-W-IY1 AA1-R N-AW1 R-AY1-T


it's just that the pitch has gotten a little bit more sophisticated instead of saying, "oh well, the problem here-

IH1-T-S JH-AH1-S-T DH-AE1-T DH-AH0 P-IH1-CH HH-AE1-Z G-AA1 T-AH0 N-AH0 L-IH1 T-AH0-L B-IH1 T-M-AO1-R S-AH0 F-IH1-S T-AH0 K-EY2 T-IH0 D-IH0-N-S T-EH1 D-AH1-V S-EY1 IH0 NG-OW1 W-EH1-L DH-AH0 P-R-AA1 B-L-AH0-M HH-IY1-R


... is that bitcoin only has 21 million tokens while feather coin has 21 billion tokens."

IH1-Z DH-AE1-T B-IH1-T K-AH0 N-OW1 N-L-IY0 HH-AE1-Z T-W-EH1-N T-IY0 W-AH1-N M-IH1 L-Y-AH0-N T-OW1 K-AH0-N Z-W-AY1-L F-EH1 DH-ER0 K-OY1-N HH-AE1-Z T-W-EH1-N T-IY0 W-AH1-N B-IH1 L-Y-AH0-N T-OW1 K-AH0-N-Z


now they're saying, "oh well, the problem now is that...-

N-AW1 TH-EH1-R S-EY1 IH0 NG-OW1 W-EH1-L DH-AH0 P-R-AA1 B-L-AH0-M N-AW1 IH1-Z DH-AE1-T


i just wrote an article.

AY1 JH-AH1-S T-R-OW1 T-AE1 N-AA1-R T-AH0 K-AH0-L


the way that you make money right now in cryptocurrency is you pick a large vertical, right? that has-

DH-AH0 W-EY1 DH-AE1 T-Y-UW1 M-EY1 K-M-AH1 N-IY0 R-AY1 T-N-AW1 IH0-N K-R-IH1 P-AH0 K-Y-AH0 N-ER0 SH-IY0 IH1 Z-Y-UW1 P-IH1 K-AH0 L-AA1-R-JH V-ER1 T-IH0 K-AH0-L R-AY1-T DH-AE1-T HH-AE1-Z


... a blockchain opportunity associated with it. and you don't actually try to solve the problem-

AH0 B-L-AA1-K HH-EY2 N-AA2 P-ER0 T-UW1 N-AH0 T-IY0 AH0 S-OW1 S-IY0 EY2 T-AH0 D-W-IH1 DH-IH1 T-AH0-N D-Y-UW1 D-AA1-N T-AE1-K CH-AH0 W-AH0 L-IY0 T-R-AY1 T-UW1 S-AA1-L-V DH-AH0 P-R-AA1 B-L-AH0-M


... but then somebody else who wants to solve the problem can build on top of and do that. and that's a great thing to do because then success-

B-AH1-T DH-EH1-N S-AH1-M B-AA2 D-IY0 EH1-L-S HH-UW1 W-AA1-N-T-S T-UW1 S-AA1-L-V DH-AH0 P-R-AA1 B-L-AH0-M K-AE1-N B-IH1-L D-AA1-N T-AA1 P-AH1 V-AH0-N-D D-UW1 DH-AE1 T-AH0-N-D TH-AE1-T S-AH0 G-R-EY1-T TH-IH1-NG T-UW1 D-UW1 B-IH0 K-AO1-Z DH-EH1-N S-AH0-K S-EH1-S


... is not your problem. all you had to do, all you told people you would do-

IH1 Z-N-AA1 T-Y-AO1-R P-R-AA1 B-L-AH0 M-AO1 L-Y-UW1 HH-AE1-D T-UW1 D-UW1 AO1 L-Y-UW1 T-OW1-L-D P-IY1 P-AH0 L-Y-UW1 W-UH1-D D-UW1


... is just build out the underlying rails and it's not your problem, and it's not your fault if nobody then comes and builds on it.

IH1-Z JH-AH1-S-T B-IH1-L D-AW1-T DH-AH0 AH2-N D-ER0 L-AY1 IH0 NG-R-EY1-L Z-AH0-N D-IH1-T S-N-AA1 T-Y-AO1-R P-R-AA1 B-L-AH0 M-AH0-N D-IH1-T S-N-AA1 T-Y-AO1-R F-AO1-L T-IH1 F-N-OW1 B-AA2 D-IY2 DH-EH1-N K-AH1-M Z-AH0-N-D B-IH1-L-D Z-AA1 N-IH1-T


we're just using blockchains.even we found that when you just build the infrastructure,-

W-ER0 JH-AH1-S T-Y-UW1 Z-IH0-NG B-L-AA1 K-IH0-K S-AY2 N-IH0-N S-W-IY1 F-AW1-N-D DH-AE1 T-W-EH1 N-Y-UW1 JH-AH1-S-T B-IH1-L-D DH-AH0 IH2-N F-R-AH0-S T-R-AH1-K CH-ER0


... nobody cares because the people who are big enough to actually have a problem that could be solved by the infrastructure-

N-OW1 B-AA2 D-IY2 K-EH1-R-Z B-IH0 K-AO1-Z DH-AH0 P-IY1 P-AH0-L HH-UW1 AA1-R B-IH1 G-IH0 N-AH1-F T-UW1 AE1-K CH-AH0 W-AH0 L-IY0 HH-AE1 V-AH0 P-R-AA1 B-L-AH0-M DH-AE1-T K-UH1-D B-IY1 S-AA1-L-V-D B-AY1 DH-AH0 IH2-N F-R-AH0-S T-R-AH1-K CH-ER0


... don't want to be first movers. and the people who are too small to be really useful to-

D-AA1-N T-W-AA1-N-T T-UW1 B-IY1 F-ER1-S T-M-UW1 V-ER0 Z-AH0-N-D DH-AH0 P-IY1 P-AH0-L HH-UW1 AA1-R T-UW1 S-M-AO1-L T-UW1 B-IY1 R-IH1 L-IY0 Y-UW1-S F-AH0-L T-UW1


... the infrastructure, but who liked the idea are the wrong people to make it successful. and so you wind up with-

DH-AH0 IH2-N F-R-AH0-S T-R-AH1-K CH-ER0 B-AH1-T HH-UW1 L-AY1-K-T DH-AH0 AY0 D-IY1 AH0 AA1-R DH-AH0 R-AO1-NG P-IY1 P-AH0-L T-UW1 M-EY1 K-IH1-T S-AH0-K S-EH1-S F-AH0 L-AH0-N-D S-OW1 Y-UW1 W-AY1-N D-AH1 P-W-IH1-DH


... this chicken egg problem or even after you build the infrastructure, it's still not enough-

DH-IH1-S CH-IH1 K-AH0 N-EH1-G P-R-AA1 B-L-AH0 M-AO1 R-IY1 V-IH0 N-AE1-F T-ER0 Y-UW1 B-IH1-L-D DH-AH0 IH2-N F-R-AH0-S T-R-AH1-K CH-ER0 IH1-T-S-S T-IH1-L N-AA1 T-IH0 N-AH1-F


... because nobody who is worth moving first-

B-IH0 K-AO1 Z-N-OW1 B-AA2 D-IY2 HH-UW1 IH1 Z-W-ER1 TH-M-UW1 V-IH0-NG F-ER1-S-T


... is going to move first. and so that's where i have a project a little later. i'll talk to you about-

IH1-Z G-OW1 IH0-NG T-UW1 M-UW1-V F-ER1-S T-AH0-N-D S-OW1 TH-AE1-T S-W-EH1 R-AY1 HH-AE1 V-AH0 P-R-AA1 JH-EH0-K T-AH0 L-IH1 T-AH0-L L-EY1 T-ER0 IH1-L T-AO1-K T-UW1 Y-UW1 AH0 B-AW1-T


... that is our attempt to solve that problem using tokens.

DH-AE1 T-IH1 Z-AW1 ER0 AH0 T-EH1-M-P-T T-UW1 S-AA1-L-V DH-AE1-T P-R-AA1 B-L-AH0 M-Y-UW1 Z-IH0-NG T-OW1 K-AH0-N-Z


just in general, it's gotten so much harder to winnow through the content because the people who are in the space now are-

JH-AH1-S T-IH0-N JH-EH1 N-ER0 AH0 L-IH1-T-S G-AA1 T-AH0-N S-OW1 M-AH1-CH HH-AA1-R D-ER0 T-UW1 W-IH1 N-OW2 TH-R-UW1 DH-AH0 K-AA1-N T-EH0-N-T B-IH0 K-AO1-Z DH-AH0 P-IY1 P-AH0-L HH-UW1 AA1 R-IH0-N DH-AH0-S P-EY1 S-N-AW1 AA1-R


... wanting to start a company, patenting and monetizing that awesome idea.

W-AA1-N T-IH0-NG T-UW1-S T-AA1-R T-AH0 K-AH1-M P-AH0 N-IY0 P-AE1 T-AH0-N T-IH0 NG-AH0-N D-M-AH1 N-AH0 T-AY2 Z-IH0-NG DH-AE1 T-AA1 S-AH0 M-AY0 D-IY1 AH0


... year or so, it's gotten much more competitive at the application layer.

Y-IH1 R-AO1-R S-OW1 IH1-T-S G-AA1 T-AH0-N M-AH1 CH-M-AO1-R K-AH0-M P-EH1 T-AH0 T-IH0 V-AE1-T DH-AH0 AE2 P-L-AH0 K-EY1 SH-AH0 N-L-EY1 ER0


that's a line i don't want to cross with epicenter is for example, advertising-

TH-AE1-T S-AH0 L-AY1 N-AY1 D-AA1-N T-W-AA1-N-T T-UW1 K-R-AO1 S-W-IH1 DH-EH1 P-AH0 S-EH2-N T-ER0 IH1-Z F-AO1 R-IH0-G Z-AE1-M P-AH0 L-AE1-D V-ER0 T-AY2 Z-IH0-NG


... many years ago when they had this whole [crosstalk 00:09:24] wallet and they didn't deliver. it was sort of...-

M-EH1 N-IY0 Y-IH1-R Z-AH0 G-OW1 W-EH1-N DH-EY1 HH-AE1-D DH-IH1-S HH-OW1-L K-R-AO1-S T-AO1-K Z-IH1 R-OW0 AW1 ER0 Z-N-AY1-N M-IH1 N-AH0-T S-AH0-N-D T-W-EH1-N T-IY0 F-AO1-R S-EH1 K-AH0-N-D Z-W-AO1 L-AH0 T-AH0-N-D DH-EY1 D-IH1 D-AH0-N-T D-IH0 L-IH1 V-ER0 IH1 T-W-AA1-Z S-AO1-R T-AH1-V


... especially because you can't really talk about-

AH0-S P-EH1 SH-L-IY0 B-IH0 K-AO1 Z-Y-UW1 K-AE1-N T-R-IH1 L-IY0 T-AO1 K-AH0 B-AW1-T


... the risks properly, right? if you could give...-

DH-AH0 R-IH1-S-K-S P-R-AA1 P-ER0 L-IY0 R-AY1 T-IH1 F-Y-UW1 K-UH1-D G-IH1-V


it feels wrong to do an ad on that.

IH1-T F-IY1-L Z-R-AO1-NG T-UW1 D-UW1 AE1 N-AE1 D-AA1-N DH-AE1-T


it's certainly a challenge that you're also pointing out that people...-

IH1-T-S S-ER1 T-AH0 N-L-IY0 AH0 CH-AE1 L-AH0-N-JH DH-AE1 T-Y-UH1 R-AO1-L S-OW0 P-OY1-N T-IH0 NG-AW1-T DH-AE1-T P-IY1 P-AH0-L


... certainly a problem, but at the same time...-

S-ER1 T-AH0 N-L-IY0 AH0 P-R-AA1 B-L-AH0-M B-AH1 T-AE1-T DH-AH0 S-EY1-M T-AY1-M


what is the killer application for blockchain at this point?

W-AH1 T-IH1-Z DH-AH0 K-IH1 L-ER0 AE2 P-L-AH0 K-EY1 SH-AH0-N F-AO1-R B-L-AA1-K HH-EY2 N-AE1-T DH-IH1-S P-OY1-N-T


then i think still bitcoin, and that's as this store-

DH-EH1 N-AY1 TH-IH1-NG-K-S T-IH1-L B-IH1-T K-AH0 N-AH0-N-D TH-AE1-T S-AE1-Z DH-IH1-S-S T-AO1-R


... value, even though maybe it's not working so great, but-

V-AE1 L-Y-UW0 IY1 V-IH0-N DH-OW1 M-EY1 B-IY0 IH1-T S-N-AA1 T-W-ER1 K-IH0-NG S-OW1 G-R-EY1-T B-AH1-T


... still, people value that. and the other thing is crowdfunding. i think-

S-T-IH1-L P-IY1 P-AH0-L V-AE1 L-Y-UW0 DH-AE1 T-AH0-N-D DH-AH0 AH1 DH-ER0 TH-IH1 NG-IH1-Z K-R-AW1-D F-AH0-N D-IH0 NG-AY1 TH-IH1-NG-K


... that has had a massive impact.

DH-AE1-T HH-AE1-Z HH-AE1 D-AH0 M-AE1 S-IH0 V-IH1-M P-AE0-K-T


as a financial vehicle, i agree with you. i think that-

AE1 Z-AH0 F-AH0 N-AE1-N SH-AH0-L V-IY1 HH-IH0 K-AH0 L-AY1 AH0 G-R-IY1 W-IH1 DH-Y-UW1 AY1 TH-IH1-NG-K DH-AE1-T


... cryptocurrency's killer use case so far has been bitcoin value transfers.

K-R-IH1-P K-AH0 Y-ER2 SH-AH0-N S-IY0-Z K-IH1 L-ER0 Y-UW1-S K-EY1-S S-OW1 F-AA1-R HH-AE1-Z B-IH1-N B-IH1-T K-AH0-N V-AE1 L-Y-UW0 T-R-AE1-N-S F-ER0-Z


and there are a lot of other interesting use cases out there and speculation.

AH0-N-D DH-EH1 R-AA1 R-AH0 L-AA1 T-AH1 V-AH1 DH-ER0 IH1-N T-R-AH0-S T-IH0 NG-Y-UW1-S K-EY1 S-AH0 Z-AW1-T DH-EH1 R-AH0-N-D-S P-EH2 K-Y-AH0 L-EY1 SH-AH0-N


to be totally clear, speculation is what really drives a lot of the- [crosstalk 00:00:51]

T-UW1 B-IY1 T-OW1 T-AH0 L-IY0 K-L-IH1-R-S P-EH2 K-Y-AH0 L-EY1 SH-AH0 N-IH1 Z-W-AH1 T-R-IH1 L-IY0 D-R-AY1-V Z-AH0 L-AA1 T-AH1-V DH-AH0 K-R-AO1-S T-AO1-K Z-IH1 R-OW0 AW1 ER0-Z Z-IH1 R-OW0 M-IH1 N-AH0-T S-AH0-N-D F-IH1-F T-IY0 W-AH1-N S-EH1 K-AH0-N-D


... value transfer use case at all, but that's okay because once you have-

V-AE1 L-Y-UW0 T-R-AE1-N-S F-ER0 Y-UW1-S K-EY1 S-AE1 T-AO1-L B-AH1-T TH-AE1-T S-OW2 K-EY1 B-IH0 K-AO1 Z-W-AH1-N S-Y-UW1 HH-AE1-V


... money, you can do other stuff with it.

M-AH1 N-IY0 Y-UW1 K-AE1-N D-UW1 AH1 DH-ER0-S T-AH1 F-W-IH1 DH-IH1-T


so i don't really know what the killer application is. i-

S-OW1 AY1 D-AA1-N T-R-IH1 L-IY0 N-OW1 W-AH1-T DH-AH0 K-IH1 L-ER0 AE2 P-L-AH0 K-EY1 SH-AH0 N-IH1 Z-AY1


... think that we're on the right path with the token stuff that we're working on and, like i said, i'm happy-

TH-IH1-NG-K DH-AE1 T-W-ER0 AA1-N DH-AH0 R-AY1-T P-AE1 TH-W-IH1-DH DH-AH0 T-OW1 K-AH0-N-S T-AH1-F DH-AE1 T-W-ER0 W-ER1 K-IH0 NG-AA1 N-AH0-N D-L-AY1 K-AY1 S-EH1 D-IH1-M HH-AE1 P-IY0


... is that, anybody who tells you that they know is totally lying. because even if you're working on something, you might hope that it's the killer application, but-

IH1-Z DH-AE1 T-EH1 N-IY0 B-AH0 D-IY0 HH-UW1 T-EH1-L Z-Y-UW1 DH-AE1-T DH-EY1 N-OW1 IH1-Z T-OW1 T-AH0 L-IY0 L-AY1 IH0-NG B-IH0 K-AO1 Z-IY1 V-IH0 N-IH1 F-Y-UH1 R-W-ER1 K-IH0 NG-AA1-N S-AH1-M TH-IH0 NG-Y-UW1 M-AY1-T HH-OW1-P DH-AE1 T-IH1-T-S DH-AH0 K-IH1 L-ER0 AE2 P-L-AH0 K-EY1 SH-AH0-N B-AH1-T


... there's no use case for cryptocurrency that actually has any sort of meaningful number of users besides the speculative value transfer thing.

DH-EH1-R Z-N-OW1 Y-UW1-S K-EY1-S F-AO1-R K-R-IH1 P-AH0 K-Y-AH0 N-ER0 SH-IY0 DH-AE1 T-AE1-K CH-AH0 W-AH0 L-IY0 HH-AE1 Z-EH1 N-IY0 S-AO1-R T-AH1 V-M-IY1 N-IH0-NG F-AH0-L N-AH1-M B-ER0 AH1 V-Y-UW1 Z-ER0-Z B-IH0 S-AY1-D-Z DH-AH0-S P-EH1 K-Y-AH0 L-AH0 T-IH0-V V-AE1 L-Y-UW0 T-R-AE1-N-S F-ER0 TH-IH1-NG


i hope that we change that, and other companies out there change that, by-

AY1 HH-OW1-P DH-AE1 T-W-IY1 CH-EY1-N-JH DH-AE1 T-AH0-N D-AH1 DH-ER0 K-AH1-M P-AH0 N-IY0 Z-AW1-T DH-EH1-R CH-EY1-N-JH DH-AE1-T B-AY1


... creating applications, that rather than trying to be-

K-R-IY0 EY1 T-IH0 NG-AE2 P-L-AH0 K-EY1 SH-AH0-N-Z DH-AE1 T-R-AE1 DH-ER0 DH-AE1-N T-R-AY1 IH0-NG T-UW1 B-IY1


... elegant technical solutions, are practical, real world solutions that use cryptocurrency in places where it really adds a lot of value-

EH1 L-AH0 G-AH0-N-T T-EH1 K-N-IH0 K-AH0-L S-AH0 L-UW1 SH-AH0-N Z-AA1-R P-R-AE1-K T-AH0 K-AH0-L R-IY1 L-W-ER1-L-D S-AH0 L-UW1 SH-AH0-N-Z DH-AE1 T-Y-UW1-Z K-R-IH1 P-AH0 K-Y-AH0 N-ER0 SH-IY0 IH0-N P-L-EY1 S-AH0 Z-W-EH1 R-IH1 T-R-IH1 L-IY0 AE1-D Z-AH0 L-AA1 T-AH1-V V-AE1 L-Y-UW0


... but they don't force people into the ecosystem for ideological reasons, basically, because, at least in our- [crosstalk 00:01:49]

B-AH1-T DH-EY1 D-AA1-N-T F-AO1-R-S P-IY1 P-AH0 L-IH0-N T-UW1 DH-AH0 IY1 K-OW0 S-IH2-S T-AH0-M F-AO1 R-AY2 D-IY0 AH0 L-AA1 JH-IH0 K-AH0-L R-IY1 Z-AH0-N-Z B-EY1 S-IH0 K-L-IY0 B-IH0 K-AO1 Z-AE1 T-L-IY1-S T-IH0 N-AW1 ER0 K-R-AO1-S T-AO1-K Z-IH1 R-OW0 AW1 ER0 Z-W-AH1-N M-IH1 N-AH0 T-AH0-N-D F-AO1-R T-IY0 N-AY1-N S-EH1 K-AH0-N-D-Z


... experience, we have seen that when you try to do that, you lose.

IH0-K-S P-IH1 R-IY0 AH0-N S-W-IY1 HH-AE1-V S-IY1-N DH-AE1 T-W-EH1 N-Y-UW1 T-R-AY1 T-UW1 D-UW1 DH-AE1 T-Y-UW1 L-UW1-Z


so you want-


... people for whom it presents a better option.

P-IY1 P-AH0-L F-AO1-R HH-UW1 M-IH1-T P-R-IY0 Z-EH1-N-T S-AH0 B-EH1 T-ER0 AA1-P SH-AH0-N


because that's how you actually get real people to use this, not by saying-

B-IH0 K-AO1-Z TH-AE1-T-S HH-AW1 Y-UW1 AE1-K CH-AH0 W-AH0 L-IY0 G-EH1 T-R-IY1-L P-IY1 P-AH0-L T-UW1 Y-UW1-Z DH-IH1 S-N-AA1-T B-AY1 S-EY1 IH0-NG


... "but buy it now, because it will be worth more later, even though it's at all... near all time highs."

B-AH1-T B-AY1 IH1 T-N-AW1 B-IH0 K-AO1 Z-IH1 T-W-IH1-L B-IY1 W-ER1 TH-M-AO1-R L-EY1 T-ER0 IY1 V-IH0-N DH-OW1 IH1-T S-AE1 T-AO1-L N-IH1 R-AO1-L T-AY1-M HH-AY1-Z


instead, it's just the most convenient thing for them to use, and so they just use it.

IH0-N-S T-EH1 D-IH1-T-S JH-AH1-S-T DH-AH0 M-OW1-S-T K-AH0-N V-IY1 N-Y-AH0-N-T TH-IH1-NG F-AO1-R DH-EH1-M T-UW1 Y-UW1 Z-AH0-N-D S-OW1 DH-EY1 JH-AH1-S T-Y-UW1 Z-IH1-T


and that accomplishes the same goal, but instead of having the argument about why this is valuable from these technical and monetary-

AH0-N-D DH-AE1 T-AH0 K-AA1-M P-L-IH0 SH-IH0-Z DH-AH0 S-EY1-M G-OW1-L B-AH1 T-IH0-N-S T-EH1 D-AH1-V HH-AE1 V-IH0-NG DH-AH0 AA1-R G-Y-AH0 M-AH0-N T-AH0 B-AW1 T-W-AY1 DH-IH1 S-IH1-Z V-AE1 L-Y-AH0 B-AH0-L F-R-AH1-M DH-IY1-Z T-EH1 K-N-IH0 K-AH0 L-AH0-N D-M-AA1 N-AH0 T-EH2 R-IY0


... reasons, instead, you just say, "this is useful, use it because it's a product."

R-IY1 Z-AH0-N Z-IH0-N-S T-EH1 D-Y-UW1 JH-AH1-S-T S-EY1 DH-IH1 S-IH1 Z-Y-UW1-S F-AH0 L-Y-UW1 S-IH1-T B-IH0 K-AO1 Z-IH1-T S-AH0 P-R-AA1 D-AH0-K-T


so that's the strategy we're taking.

S-OW1 TH-AE1-T-S DH-AH0-S T-R-AE1 T-AH0 JH-IY0 W-ER0 T-EY1 K-IH0-NG


yeah, and i think that's a good segue into the topic of lt- [crosstalk 00:02:35].

Y-AE1 AH0-N D-AY1 TH-IH1-NG-K TH-AE1-T S-AH0 G-UH1-D S-EH1 G-IH0-N T-UW1 DH-AH0 T-AA1 P-IH0 K-AH1 V-L-EH1-T-S K-R-AO1-S T-AO1-K Z-IH1 R-OW0 AW1 ER0-Z T-UW1 M-IH1 N-AH0-T S-AH0-N-D TH-ER1 D-IY0 F-AY1-V S-EH1 K-AH0-N-D-Z


... bcoin, because with ltbcoin you really try to do that, right?

B-OW0 K-AY1-N B-IH0 K-AO1 Z-W-IH1-DH-B-L T-AY1 K-N-AW0 Y-UW1 R-IH1 L-IY0 T-R-AY1 T-UW1 D-UW1 DH-AE1 T-R-AY1-T


you try to create something that's useful for-

Y-UW1 T-R-AY1 T-UW1 K-R-IY0 EY1-T S-AH1-M TH-IH0-NG TH-AE1-T S-Y-UW1-S F-AH0-L F-AO1-R


... your average podcast listener and ltbcoin-

Y-AO1 R-AE1 V-ER0 IH0-JH P-OW1-D K-AE2-S T-L-IH1 S-AH0 N-ER0 AH0-N-D-B-L T-AY1 K-N-AW0


... i was always super excited-

AY1 W-AA1 Z-AO1 L-W-EY2-Z S-UW1 P-ER0 IH0-K S-AY1 T-AH0-D


... until recently. and then people weren't really using that and people-

AH0-N T-IH1-L R-IY1 S-AH0-N T-L-IY0 AH0-N-D DH-EH1-N P-IY1 P-AH0 L-W-EH1 R-AH0-N T-R-IH1 L-IY0 Y-UW1 Z-IH0-NG DH-AE1 T-AH0-N-D P-IY1 P-AH0-L


the new flagship hardware wallet, by ledger. i'll [crosstalk 00:03:01] ...

DH-AH0 N-UW1 F-L-AE1-G SH-IH2-P HH-AA1-R D-W-EH2 R-W-AO1 L-AH0-T B-AY1 L-EH1 JH-ER0 IH1-L K-R-AO1-S T-AO1-K Z-IH1 R-OW0 AW1 ER0-Z TH-R-IY1 M-IH1 N-AH0-T S-AH0-N D-W-AH1-N S-EH1 K-AH0-N-D


... eric larchevêque, tell you all about how simple the nano s makes it to securely store all your private keys.

EH1 R-IH0 K-L-AA0-R K-IY0 V-EH1-K T-EH1 L-Y-UW1 AO1 L-AH0 B-AW1-T HH-AW1 S-IH1-M P-AH0-L DH-AH0 N-AA1 N-OW0 EH1 S-M-EY1-K S-IH1-T T-UW1 S-IH0 K-Y-UH1-R L-IY0-S T-AO1 R-AO1 L-Y-AO1-R P-R-AY1 V-AH0-T K-IY1-Z


ledger nano s is our latest generation hardware wallet-

L-EH1 JH-ER0 N-AA1 N-OW0 EH1 S-IH1 Z-AW1 ER0 L-EY1 T-AH0-S-T JH-EH2 N-ER0 EY1 SH-AH0-N HH-AA1-R D-W-EH2 R-W-AO1 L-AH0-T


you have the ethereum app, and you have the fido u2f-

Y-UW1 HH-AE1-V DH-AH0 EH1 TH-R-IY0 AH0 M-AE1 P-AH0-N D-Y-UW1 HH-AE1-V DH-AH0 F-AY1 D-OW0 Y-UW1 T-UW1 EH1-F


... off your first order. we'd like to thank ledger for their support of epicenter.

AO1 F-Y-AO1-R F-ER1-S T-AO1-R D-ER0 W-EH1 D-L-AY1-K T-UW1 TH-AE1-NG K-L-EH1 JH-ER0 F-AO1-R DH-EH1-R S-AH0 P-AO1-R T-AH1 V-EH1 P-AH0 S-EH2-N T-ER0


what are your main take aways takeaways from ltbccoins? what went-

W-AH1 T-AA1 R-Y-AO1-R M-EY1-N T-EY1 K-EY1 W-EY2-Z T-EY1 K-W-EY2-Z F-R-AH1-M-B-L T-EH1 K-N-OY0-N Z-W-AH1 T-W-EH1-N-T


... badly and what's next for the-

B-AE1 D-L-IY0 AH0-N D-W-AH0-T S-N-EH1-K-S-T F-AO1-R DH-AH0


... project?so i've talked about this a couple of times and my takeaways haven't changed so-

P-R-AH0 JH-EH1-K T-OW0 AY1-V T-AO1-K T-AH0 B-AW1-T DH-IH1 S-AH0 K-AH1 P-AH0 L-AH1-V T-AY1-M Z-AH0-N D-M-AY1 T-EY1 K-W-EY2-Z HH-AE1 V-AH0-N-T CH-EY1-N-JH-D S-OW1


... much since last time i discussed, so if this is old, i apologize.

M-AH1-CH S-IH1-N S-L-AE1-S-T T-AY1 M-AY1 D-IH0-S K-AH1-S-T S-OW1 IH1-F DH-IH1 S-IH1 Z-OW1-L D-AY1 AH0 P-AA1 L-AH0 JH-AY2-Z


the thing that we didn't know when we started ltbcoin, and that became increasingly obvious over time, there were two things.

DH-AH0 TH-IH1-NG DH-AE1 T-W-IY1 D-IH1 D-AH0-N T-N-OW1 W-EH1 N-W-IY1-S T-AA1-R T-AH0-D-B-L T-AY1 K-N-AW0 AH0-N-D DH-AE1-T B-IH0 K-EY1 M-IH0-N K-R-IY1 S-IH0 NG-L-IY0 AA1-B V-IY0 AH0 S-OW1 V-ER0 T-AY1-M DH-EH1 R-W-ER0 T-UW1 TH-IH1-NG-Z


one is that, if you give away something for free, then you create a kind of problem for it.

W-AH1 N-IH1-Z DH-AE1 T-IH1 F-Y-UW1 G-IH1 V-AH0 W-EY1 S-AH1-M TH-IH0-NG F-AO1-R F-R-IY1 DH-EH1 N-Y-UW1 K-R-IY0 EY1 T-AH0 K-AY1-N D-AH1-V P-R-AA1 B-L-AH0-M F-AO1 R-IH1-T


where, unless you have a lot of money just kind of sitting there waiting to make it valuable-

W-EH1 R-AH0 N-L-EH1 S-Y-UW1 HH-AE1 V-AH0 L-AA1 T-AH1 V-M-AH1 N-IY0 JH-AH1-S-T K-AY1-N D-AH1-V S-IH1 T-IH0-NG DH-EH1 R-W-EY1 T-IH0-NG T-UW1 M-EY1 K-IH1-T V-AE1 L-Y-AH0 B-AH0-L


we, if the network was selling a lot of advertisements-

W-IY1 IH1-F DH-AH0 N-EH1 T-W-ER2 K-W-AA1-Z S-EH1 L-IH0 NG-AH0 L-AA1 T-AH1 V-AE1-D V-ER0 T-AY2 Z-M-AH0-N-T-S


... if the network had been able to effectively help podcast monetize and things like that=.

IH1-F DH-AH0 N-EH1 T-W-ER2-K HH-AE1-D B-IH1 N-EY1 B-AH0-L T-UW1 IH0 F-EH1-K T-IH0 V-L-IY0 HH-EH1-L-P P-OW1-D K-AE2-S T-M-AA1 N-AH0 T-AY2 Z-AH0-N-D TH-IH1-NG Z-L-AY1-K DH-AE1-T


... then we could have seen an ecosystem start that would have recirculated that back into it, and you could have seen a really functional system, but-

DH-EH1 N-W-IY1 K-UH1-D HH-AE1-V S-IY1 N-AE1 N-IY1 K-OW0 S-IH2-S T-AH0-M-S T-AA1-R-T DH-AE1 T-W-UH1-D HH-AE1 V-R-IY2 S-IH0 K-R-UW1 S-AH0-L T-AO2-R-JH DH-AE1-T B-AE1 K-IH0-N T-UW1 IH1 T-AH0-N D-Y-UW1 K-UH1-D HH-AE1-V S-IY1 N-AH0 R-IH1 L-IY0 F-AH1-NG-K SH-AH0 N-AH0-L S-IH1-S T-AH0-M B-AH1-T


... actually, we didn't really have the ability to do that. and now-

AE1-K CH-AH0 W-AH0 L-IY0 W-IY1 D-IH1 D-AH0-N T-R-IH1 L-IY0 HH-AE1-V DH-AH0 AH0 B-IH1 L-AH0 T-IY0 T-UW1 D-UW1 DH-AE1 T-AH0-N D-N-AW1


... in the life cycle of tokens built on bitcoin,-

IH0-N DH-AH0 L-AY1-F S-AY1 K-AH0 L-AH1-V T-OW1 K-AH0-N-Z B-IH1-L T-AA1-N B-IH1-T K-AH0-N


... there are services out there which existed. so this is what led, to essentially the creation of tokenly-

DH-EH1 R-AA1-R S-ER1 V-AH0 S-AH0 Z-AW1-T DH-EH1 R-W-IH1 CH-IH0-G Z-IH1-S T-AH0-D S-OW1 DH-IH1 S-IH1 Z-W-AH1 T-L-EH1-D T-UW1 IH0 S-EH1-N SH-AH0 L-IY0 DH-AH0 K-R-IY0 EY1 SH-AH0 N-AH1-V T-OW1 K-L-AH0 N-IY0


... was creating the vending machine, and we had an auction machine-

W-AA1-Z K-R-IY0 EY1 T-IH0-NG DH-AH0 V-EH1-N D-IH0-NG M-AH0 SH-IY1 N-AH0-N D-W-IY1 HH-AE1 D-AE1 N-AA1-K SH-AH0-N M-AH0 SH-IY1-N


the people who were willing to play the game were not the people who actually wanted to buy the advertisements.

DH-AH0 P-IY1 P-AH0-L HH-UW1 W-ER0 W-IH1 L-IH0-NG T-UW1 P-L-EY1 DH-AH0 G-EY1 M-W-ER0 N-AA1-T DH-AH0 P-IY1 P-AH0-L HH-UW1 AE1-K CH-AH0 W-AH0 L-IY0 W-AA1-N T-AH0-D T-UW1 B-AY1 DH-AH0 AE1-D V-ER0 T-AY2 Z-M-AH0-N-T-S


and the people who wanted to buy the advertisements, they-

AH0-N-D DH-AH0 P-IY1 P-AH0-L HH-UW1 W-AA1-N T-AH0-D T-UW1 B-AY1 DH-AH0 AE1-D V-ER0 T-AY2 Z-M-AH0-N-T-S DH-EY1


... the price was cheaper if they went through the auction or if they could get a...

DH-AH0 P-R-AY1 S-W-AA1-Z CH-IY1 P-ER0 IH1-F DH-EY1 W-EH1-N-T TH-R-UW1 DH-AH0 AA1-K SH-AH0 N-AO1 R-IH1-F DH-EY1 K-UH1-D G-EH1 T-AH0


... bonus by using ltbcoin. they just wanted a predictable price that they could pay with money that they understood and-

B-OW1 N-AH0-S B-AY1 Y-UW1 Z-IH0-NG-B-L T-AY1 K-N-AW0 DH-EY1 JH-AH1-S T-W-AA1-N T-AH0 D-AH0 P-R-IH0 D-IH1-K T-AH0 B-AH0-L P-R-AY1-S DH-AE1-T DH-EY1 K-UH1-D P-EY1 W-IH1 DH-M-AH1 N-IY0 DH-AE1-T DH-EY1 AH2-N D-ER0-S T-UH1 D-AH0-N-D


... to learn the system, but everybody else, and a lot of those people were people who we really needed to make the system work in an-

T-UW1 L-ER1-N DH-AH0 S-IH1-S T-AH0-M B-AH1 T-EH1 V-R-IY0 B-AA2 D-IY0 EH1-L S-AH0-N D-AH0 L-AA1 T-AH1-V DH-OW1-Z P-IY1 P-AH0 L-W-ER0 P-IY1 P-AH0-L HH-UW1 W-IY1 R-IH1 L-IY0 N-IY1 D-AH0-D T-UW1 M-EY1-K DH-AH0 S-IH1-S T-AH0 M-W-ER1 K-IH0 N-AE1-N


... economical way, were not willing to use the system just because, again, it was so new and because it was very different from what they had done before.

EH2 K-AH0 N-AA1 M-IH0 K-AH0 L-W-EY1 W-ER0 N-AA1 T-W-IH1 L-IH0-NG T-UW1 Y-UW1-Z DH-AH0 S-IH1-S T-AH0-M JH-AH1-S-T B-IH0 K-AO1 Z-AH0 G-EH1 N-IH1 T-W-AA1-Z S-OW1 N-UW1 AH0-N-D B-IH0 K-AO1 Z-IH1 T-W-AA1-Z V-EH1 R-IY0 D-IH1 F-ER0 AH0-N-T F-R-AH1 M-W-AH1-T DH-EY1 HH-AE1-D D-AH1-N B-IH0 F-AO1-R


so that was a big problem with ltbcoin. and then the other problem we ran into is that different people-

S-OW1 DH-AE1 T-W-AA1 Z-AH0 B-IH1-G P-R-AA1 B-L-AH0 M-W-IH1-DH-B-L T-AY1 K-N-AW0 AH0-N-D DH-EH1-N DH-AH0 AH1 DH-ER0 P-R-AA1 B-L-AH0 M-W-IY1 R-AE1 N-IH0-N T-UW1 IH1-Z DH-AE1-T D-IH1 F-ER0 AH0-N-T P-IY1 P-AH0-L


... especially as it became worth less in later...

AH0-S P-EH1 SH-L-IY0 AE1 Z-IH1-T B-IH0 K-EY1 M-W-ER1 TH-L-EH1 S-IH0 N-L-EY1 T-ER0


... and as the value of bitcoin went up, the price of ltbcoin went down,-

AH0-N D-AE1-Z DH-AH0 V-AE1 L-Y-UW0 AH1-V B-IH1-T K-AH0 N-W-EH1-N T-AH1-P DH-AH0 P-R-AY1 S-AH1-V-B-L T-AY1 K-N-AW0 W-EH1-N-T D-AW1-N


... a weekly ltbcoin distribution. and so even if it's just a buck or-

AH0 W-IY1 K-L-IY0-B-L T-AY1 K-N-AW0 D-IH2-S T-R-AH0 B-Y-UW1 SH-AH0 N-AH0-N-D S-OW1 IY1 V-IH0 N-IH1 F-IH1-T-S JH-AH1-S T-AH0 B-AH1 K-AO1-R


... people just hold on to these, because i don't actually care about that much money, but somebody-

P-IY1 P-AH0-L JH-AH1-S-T HH-OW1-L D-AA1-N T-UW1 DH-IY1-Z B-IH0 K-AO1 Z-AY1 D-AA1-N T-AE1-K CH-AH0 W-AH0 L-IY0 K-EH1 R-AH0 B-AW1-T DH-AE1 T-M-AH1 CH-M-AH1 N-IY0 B-AH1-T S-AH1-M B-AA2 D-IY0


... from indonesia has basically a huge incentive because their cost of living is so different-

F-R-AH1 M-IH2-N D-OW0 N-IY1 ZH-AH0 HH-AE1-Z B-EY1 S-IH0 K-L-IY0 AH0 HH-Y-UW1 JH-IH0-N S-EH1-N T-IH0-V B-IH0 K-AO1-Z DH-EH1-R K-AA1-S T-AH1 V-L-IH1 V-IH0 NG-IH1-Z S-OW1 D-IH1 F-ER0 AH0-N-T


... to take that dollar worth of ltbcoin, go to the exchange and sell the ltbcoin for-

T-UW1 T-EY1-K DH-AE1-T D-AA1 L-ER0 W-ER1 TH-AH1-V-B-L T-AY1 K-N-AW0 G-OW1 T-UW1 DH-AH0 IH0-K-S CH-EY1-N JH-AH0-N-D S-EH1-L DH-AH0-B-L T-AY1 K-N-AW0 F-AO1-R


... bitcoin, which they then convert into their local currency and actually make a decent amount.

B-IH1-T K-AH0 N-W-IH1-CH DH-EY1 DH-EH1-N K-AH0-N V-ER1 T-IH0-N T-UW1 DH-EH1-R L-OW1 K-AH0-L K-ER1 AH0-N S-IY0 AH0-N D-AE1-K CH-AH0 W-AH0 L-IY0 M-EY1 K-AH0 D-IY1 S-AH0-N T-AH0 M-AW1-N-T


making the token useful. secondly, the people who were-

M-EY1 K-IH0-NG DH-AH0 T-OW1 K-AH0 N-Y-UW1-S F-AH0-L S-EH1 K-AH0-N D-L-IY0 DH-AH0 P-IY1 P-AH0-L HH-UW1 W-ER0


... in the game, technologically, but didn't actually have the money or products that they wanted to spon-

IH0-N DH-AH0 G-EY1-M T-EH2 K-N-AH0 L-AA1 JH-IH0 K-AH0 L-IY0 B-AH1-T D-IH1 D-AH0-N T-AE1-K CH-AH0 W-AH0 L-IY0 HH-AE1-V DH-AH0 M-AH1 N-IY0 AO1-R P-R-AA1 D-AH0-K-T-S DH-AE1-T DH-EY1 W-AA1-N T-AH0-D T-UW1-S P-AA1-N


... wherever, and they're using this and they're getting a dollar, and they're actually... per week and they're selling that, and they can like buy two meals or something... well, that's awesome.

W-EH0 R-EH1 V-ER0 AH0-N-D TH-EH1 R-Y-UW1 Z-IH0-NG DH-IH1 S-AH0-N-D TH-EH1-R G-EH1 T-IH0 NG-AH0 D-AA1 L-ER0 AH0-N-D TH-EH1 R-AE1-K CH-AH0 W-AH0 L-IY0 P-ER1 W-IY1 K-AH0-N-D TH-EH1-R S-EH1 L-IH0-NG DH-AE1 T-AH0-N-D DH-EY1 K-AE1 N-L-AY1-K B-AY1 T-UW1 M-IY1-L Z-AO1-R S-AH1-M TH-IH0 NG-W-EH1-L TH-AE1-T S-AA1 S-AH0-M


so is that, is that really something that happened-yes.... in any significant amount?

S-OW1 IH1-Z DH-AE1 T-IH1-Z DH-AE1 T-R-IH1 L-IY0 S-AH1-M TH-IH0-NG DH-AE1-T HH-AE1 P-AH0 N-AY2-D Z-IH0 N-EH1 N-IY0 S-AH0 G-N-IH1 F-IH0 K-AH0-N T-AH0 M-AW1-N-T


yeah?yes. yeah, actually it was very interesting. what we saw... one of the real data points that we pulled out of the ltbcoin system-

Y-IY1 HH-AY2 Z-Y-AE1 AE1-K CH-AH0 W-AH0 L-IY0 IH1 T-W-AA1-Z V-EH1 R-IY0 IH1-N T-R-AH0-S T-IH0 NG-W-AH1 T-W-IY1 S-AO1 W-AH1 N-AH1-V DH-AH0 R-IY1-L D-EY1 T-AH0 P-OY1-N-T-S DH-AE1 T-W-IY1 P-UH1-L D-AW1 T-AH1-V DH-AH0-B-L T-AY1 K-N-AW0 S-IH1-S T-AH0-M


... was a large increase in user accounts from indonesia, from russia, from ukraine.

W-AA1 Z-AH0 L-AA1-R JH-IH1-N K-R-IY2 S-IH0 N-Y-UW1 Z-ER0 AH0 K-AW1-N-T-S F-R-AH1 M-IH2-N D-OW0 N-IY1 ZH-AH0 F-R-AH1 M-R-AH1 SH-AH0 F-R-AH1 M-Y-UW0 K-R-EY1-N


there are a whole bunch of places in eastern europe and asia-

DH-EH1 R-AA1 R-AH0 HH-OW1-L B-AH1-N CH-AH1-V P-L-EY1 S-AH0 Z-IH0 N-IY1-S T-ER0 N-Y-UH1 R-AH0 P-AH0-N D-EY1 ZH-AH0


... where the audience just went way the heck up. and you notice it in comments, too, because there would be people asking for you to spell the magic word-

W-EH1-R DH-AH0 AA1 D-IY0 AH0-N-S JH-AH1-S T-W-EH1-N T-W-EY1 DH-AH0 HH-EH1 K-AH1 P-AH0-N D-Y-UW1 N-OW1 T-AH0 S-IH1 T-IH0-N K-AA1 M-EH0-N-T-S T-UW1 B-IH0 K-AO1-Z DH-EH1 R-W-UH1-D B-IY1 P-IY1 P-AH0 L-AE1-S K-IH0-NG F-AO1 R-Y-UW1 T-UW1-S P-EH1-L DH-AH0 M-AE1 JH-IH0 K-W-ER1-D


on the... in the way that you described it there, i agree-

AA1-N DH-AH0 IH0-N DH-AH0 W-EY1 DH-AE1 T-Y-UW1 D-IH0-S K-R-AY1-B D-IH1-T DH-EH1 R-AY1 AH0 G-R-IY1


... that allows people to actually monetize. it's a real use case.

DH-AE1 T-AH0 L-AW1-Z P-IY1 P-AH0-L T-UW1 AE1-K CH-AH0 W-AH0 L-IY0 M-AA1 N-AH0 T-AY2 Z-IH1-T S-AH0 R-IY1 L-Y-UW1-S K-EY1-S


there's no incentive for them to go out and buy it.

DH-EH1-R Z-N-OW1 IH0-N S-EH1-N T-IH0-V F-AO1-R DH-EH1-M T-UW1 G-OW1 AW1 T-AH0-N-D B-AY1 IH1-T


and that was the problem is that, what winds up happening is you get this spiral where the people who are-

AH0-N-D DH-AE1 T-W-AA1-Z DH-AH0 P-R-AA1 B-L-AH0 M-IH1-Z DH-AE1 T-W-AH1 T-W-IH1-N-D Z-AH1-P HH-AE1 P-AH0 N-IH0 NG-IH1 Z-Y-UW1 G-EH1-T DH-IH1-S-S P-AY1 R-AH0 L-W-EH1-R DH-AH0 P-IY1 P-AH0-L HH-UW1 AA1-R


... economically incentivized to sell it, go to the market, sell it.

EH2 K-AH0 N-AA1 M-IH0 K-L-IY0 IH0-N S-EH1 T-AH0 V-AY2-Z-D T-UW1 S-EH1 L-IH1-T G-OW1 T-UW1 DH-AH0 M-AA1-R K-AH0-T S-EH1 L-IH1-T


at the same time, the people who might want to buy it under normal circumstances are probably already- [crosstalk 00:08:10]

AE1-T DH-AH0 S-EY1-M T-AY1-M DH-AH0 P-IY1 P-AH0-L HH-UW1 M-AY1 T-W-AA1-N-T T-UW1 B-AY1 IH1 T-AH1-N D-ER0 N-AO1-R M-AH0-L S-ER1 K-AH0-M-S T-AE2-N S-AH0 Z-AA1-R P-R-AA1 B-AH0 B-L-IY0 AO0-L R-EH1 D-IY0 K-R-AO1-S T-AO1-K Z-IH1 R-OW0 AW1 ER0 Z-EY1 T-M-IH1 N-AH0-T S-AH0-N-D T-EH1-N S-EH1 K-AH0-N-D-Z


... getting it for free, and they don't have an incentive to sell.

G-EH1 T-IH0 NG-IH1-T F-AO1-R F-R-IY1 AH0-N-D DH-EY1 D-AA1-N-T HH-AE1 V-AE1 N-IH0-N S-EH1-N T-IH0-V T-UW1 S-EH1-L


so they're just banking it every week over time, and-

S-OW1 TH-EH1-R JH-AH1-S-T B-AE1-NG K-IH0 NG-IH1 T-EH1 V-ER0 IY0 W-IY1 K-OW1 V-ER0 T-AY1 M-AH0-N-D


... sellers who are always ready to sell, because they're happy with the money that they're getting, even if it's very small.

S-EH1 L-ER0-Z HH-UW1 AA1 R-AO1 L-W-EY2 Z-R-EH1 D-IY0 T-UW1 S-EH1-L B-IH0 K-AO1-Z TH-EH1-R HH-AE1 P-IY0 W-IH1-DH DH-AH0 M-AH1 N-IY0 DH-AE1-T TH-EH1-R G-EH1 T-IH0 NG-IY1 V-IH0 N-IH1 F-IH1-T-S V-EH1 R-IY0 S-M-AO1-L


and so through that dynamic, over the course of about a year and a half,-

AH0-N-D S-OW1 TH-R-UW1 DH-AE1-T D-AY0 N-AE1 M-IH0 K-OW1 V-ER0 DH-AH0 K-AO1-R S-AH1 V-AH0 B-AW1 T-AH0 Y-IH1 R-AH0-N D-AH0 HH-AE1-F


... bitcoin get pushed down very substantially. and you could see it because every time we would do a saturday distribution, you'd.

B-IH1-T K-AH0-N G-EH1-T P-UH1-SH-T D-AW1-N V-EH1 R-IY0 S-AH0-B-S T-AE1-N SH-AH0 L-IY0 AH0-N D-Y-UW1 K-UH1-D S-IY1 IH1-T B-IH0 K-AO1 Z-EH1 V-ER0 IY0 T-AY1 M-W-IY1 W-UH1-D D-UW1 AH0 S-AE1 T-ER0 D-IY0 D-IH2-S T-R-AH0 B-Y-UW1 SH-AH0 N-Y-AH1-D


so i think that from an experiment...

S-OW1 AY1 TH-IH1-NG-K DH-AE1-T F-R-AH1 M-AE1 N-IH0-K-S P-EH1 R-AH0 M-AH0-N-T


... and also, it's not over yet.

AH0-N D-AO1-L S-OW0 IH1-T S-N-AA1 T-OW1 V-ER0 Y-EH1-T


we didn't actually stop doing magic word...

W-IY1 D-IH1 D-AH0-N T-AE1-K CH-AH0 W-AH0 L-IY0-S T-AA1-P D-UW1 IH0-NG M-AE1 JH-IH0 K-W-ER1-D


bring out the rewards program. so that was another experiment, actually, to see-

B-R-IH1 NG-AW1-T DH-AH0 R-IH0 W-AO1-R-D-Z P-R-OW1 G-R-AE2-M S-OW1 DH-AE1 T-W-AA1 Z-AH0 N-AH1 DH-ER0 IH0-K-S P-EH1 R-AH0 M-AH0-N T-AE1-K CH-AH0 W-AH0 L-IY0 T-UW1 S-IY1


... what happens? do people still do the magic word? if you aren't paying them ltbcoin-

W-AH1-T HH-AE1 P-AH0-N-Z D-UW1 P-IY1 P-AH0-L-S T-IH1-L D-UW1 DH-AH0 M-AE1 JH-IH0 K-W-ER1 D-IH1 F-Y-UW1 AA1 R-AH0-N-T P-EY1 IH0-NG DH-EH1-M-B-L T-AY1 K-N-AW0


... even though ltb coin is basically worth nothing at this point, and the amount that we're giving out is absolutely tiny?

IY1 V-IH0-N DH-OW1 L-EH1-B T-IY1 K-OY1 N-IH1-Z B-EY1 S-IH0 K-L-IY0 W-ER1 TH-N-AH1 TH-IH0 NG-AE1-T DH-IH1-S P-OY1-N T-AH0-N-D DH-AH0 AH0 M-AW1-N-T DH-AE1 T-W-ER0 G-IH1 V-IH0 NG-AW1 T-IH1 Z-AE2-B S-AH0 L-UW1 T-L-IY0 T-AY1 N-IY0


and i think that we did see that even though they're... it's... something is still a better incentivizer than nothing, right?

AH0-N D-AY1 TH-IH1-NG-K DH-AE1 T-W-IY1 D-IH1-D S-IY1 DH-AE1 T-IY1 V-IH0-N DH-OW1 TH-EH1 R-IH1-T-S S-AH1-M TH-IH0 NG-IH1-Z-S T-IH1 L-AH0 B-EH1 T-ER0 IH0-N S-EH1 T-AH0 V-AY2 Z-ER0 DH-AE1-N N-AH1 TH-IH0 NG-R-AY1-T


i'm curious... i'd be curious to see it... to know how much of a drop you guys experienced since we did that.

IH1-M K-Y-UH1 R-IY0 AH0 S-IH1-D B-IY1 K-Y-UH1 R-IY0 AH0-S T-UW1 S-IY1 IH1-T T-UW1 N-OW1 HH-AW1 M-AH1 CH-AH1 V-AH0 D-R-AA1 P-Y-UW1 G-AY1 Z-IH0-K-S P-IH1 R-IY0 AH0-N-S-T S-IH1-N S-W-IY1 D-IH1-D DH-AE1-T


no, i actually checked, because i heard your episode debate-

N-OW1 AY1 AE1-K CH-AH0 W-AH0 L-IY0 CH-EH1-K-T B-IH0 K-AO1 Z-AY1 HH-ER1 D-Y-AO1 R-EH1 P-AH0 S-OW2-D D-AH0 B-EY1-T


... and then i checked and there was only...

AH0-N-D DH-EH1 N-AY1 CH-EH1-K T-AH0-N-D DH-EH1 R-W-AA1 Z-OW1 N-L-IY0


... words a minute and we used to have like a thousand or something. so-

W-ER1-D Z-AH0 M-IH1 N-AH0 T-AH0-N D-W-IY1 Y-UW1-S-T T-UW1 HH-AE1 V-L-AY1 K-AH0 TH-AW1 Z-AH0-N D-AO1-R S-AH1-M TH-IH0-NG S-OW1


buzzing gun. it's a really cool listening metric, but it's, it's very interesting that you guys experienced such-

B-AH1 Z-IH0-NG G-AH1 N-IH1-T S-AH0 R-IH1 L-IY0 K-UW1-L L-IH1 S-AH0 N-IH0-NG M-EH1 T-R-IH0-K B-AH1 T-IH1-T S-IH1-T-S V-EH1 R-IY0 IH1-N T-R-AH0-S T-IH0-NG DH-AE1 T-Y-UW1 G-AY1 Z-IH0-K-S P-IH1 R-IY0 AH0-N-S-T S-AH1-CH


to drop. that's like 120 of the people kept doing it.

T-UW1 D-R-AA1-P TH-AE1-T S-L-AY1 K-W-AH1-N HH-AH1-N D-R-AH0 D-AH0-N-D T-W-EH1-N T-IY0 AH1-V DH-AH0 P-IY1 P-AH0-L K-EH1-P-T D-UW1 IH0 NG-IH1-T


it's very interesting. so anyways, as an experiment, ltb coin has been really fantastic and it's taught us a lot about this-

IH1-T-S V-EH1 R-IY0 IH1-N T-R-AH0-S T-IH0-NG S-OW1 EH1 N-IY0 W-EY2 Z-AE1 Z-AE1 N-IH0-K-S P-EH1 R-AH0 M-AH0-N T-L-EH1-B T-IY1 K-OY1-N HH-AE1-Z B-IH1 N-R-IH1 L-IY0 F-AE0-N T-AE1-S T-IH0 K-AH0-N D-IH1-T-S T-AO1 T-AH1 S-AH0 L-AA1 T-AH0 B-AW1-T DH-IH1-S


... and now it's time to do the next thing with it.

AH0-N D-N-AW1 IH1-T-S T-AY1-M T-UW1 D-UW1 DH-AH0 N-EH1-K-S-T TH-IH1 NG-W-IH1 DH-IH1-T


so you mentioned that one of the things that-

S-OW1 Y-UW1 M-EH1-N SH-AH0-N-D DH-AE1 T-W-AH1 N-AH1-V DH-AH0 TH-IH1-NG-Z DH-AE1-T


... giving advertisers a discount on their advertising rates and on-

G-IH1 V-IH0 NG-AE1-D V-ER0 T-AY2 Z-ER0 Z-AH0 D-IH1-S K-AW0-N T-AA1-N DH-EH1 R-AE1-D V-ER0 T-AY2 Z-IH0 NG-R-EY1-T S-AH0-N D-AA1-N


... our side, we never... i think in the beginning for some-

AW1 ER0 S-AY1 D-W-IY1 N-EH1 V-ER0 AY1 TH-IH1-NG K-IH0-N DH-AH0 B-IH0 G-IH1 N-IH0-NG F-AO1-R S-AH1-M


... in retrospect, are there things that... perhaps now you've learned that.

IH0 N-R-EH1 T-R-AH0-S P-EH2-K T-AA1-R DH-EH1-R TH-IH1-NG-Z DH-AE1-T P-ER0 HH-AE1-P S-N-AW1 Y-UW1 V-L-ER1 N-IH0-D DH-AE1-T


yeah, i think the... like i said, it's all about-

Y-AE1 AY1 TH-IH1-NG-K DH-AH0 L-AY1 K-AY1 S-EH1 D-IH1-T S-AO1 L-AH0 B-AW1-T


... creating the opportunity for frictionless economic activity to happen, right? you want to-

K-R-IY0 EY1 T-IH0-NG DH-AH0 AA2 P-ER0 T-UW1 N-AH0 T-IY0 F-AO1-R F-R-IH1-K SH-AH0 N-L-AH0 S-EH2 K-AH0 N-AA1 M-IH0 K-AE0-K T-IH1 V-AH0 T-IY0 T-UW1 HH-AE1 P-AH0 N-R-AY1 T-Y-UW1 W-AA1-N-T T-UW1


... make it so that people can do stuff that they want to do it when they want to do it.

M-EY1 K-IH1-T S-OW1 DH-AE1-T P-IY1 P-AH0-L K-AE1-N D-UW1-S T-AH1-F DH-AE1-T DH-EY1 W-AA1-N-T T-UW1 D-UW1 IH1 T-W-EH1-N DH-EY1 W-AA1-N-T T-UW1 D-UW1 IH1-T


when we first did this like the auctions, for example, you couldn't spend-

W-EH1 N-W-IY1 F-ER1-S-T D-IH1-D DH-IH1 S-L-AY1-K DH-AH0 AA1-K SH-AH0-N-Z F-AO1 R-IH0-G Z-AE1-M P-AH0 L-Y-UW1 K-AW1-L D-AH0-N-T-S P-EH1-N-D


... and we at the time thought that this essentially making it so ltb coin had a monopoly on our ecosystem-

AH0-N D-W-IY1 AE1-T DH-AH0 T-AY1-M TH-AO1-T DH-AE1-T DH-IH1 S-IH0 S-EH1-N SH-AH0 L-IY0 M-EY1 K-IH0 NG-IH1-T S-OW1 L-EH1-B T-IY1 K-OY1-N HH-AE1 D-AH0 M-AH0 N-AA1 P-AH0 L-IY0 AA1 N-AW1 ER0 IY1 K-OW0 S-IH2-S T-AH0-M


... would be a net positive because it would force people into doing this and in practice.

W-UH1-D B-IY1 AH0 N-EH1-T P-AA1 Z-AH0 T-IH0-V B-IH0 K-AO1 Z-IH1 T-W-UH1-D F-AO1-R-S P-IY1 P-AH0 L-IH0-N T-UW1 D-UW1 IH0-NG DH-IH1 S-AH0-N D-IH0-N P-R-AE1-K T-AH0-S


so over time, i've come to recognize this and almost everything about my earlier opinions is that being an ideological purist-

S-OW1 OW1 V-ER0 T-AY1 M-AY1-V K-AH1-M T-UW1 R-EH1 K-AH0 G-N-AY2-Z DH-IH1 S-AH0-N D-AO1-L M-OW2-S T-EH1 V-R-IY0 TH-IH2 NG-AH0 B-AW1 T-M-AY1 ER1 L-IY0 ER0 AH0 P-IH1 N-Y-AH0-N Z-IH1-Z DH-AE1-T B-IY1 IH0 NG-AE1 N-AY2 D-IY0 AH0 L-AA1 JH-IH0 K-AH0-L P-Y-UH1 R-IH0-S-T


... has advantages from an ego point of view. and from a... i felt good about it. and i felt like i was on the right side of things.

HH-AE1 Z-AE0-D V-AE1-N T-IH0 JH-IH0-Z F-R-AH1 M-AE1 N-IY1 G-OW0 P-OY1-N T-AH1-V V-Y-UW1 AH0-N-D F-R-AH1 M-AH0 AY1 F-EH1-L-T G-UH1 D-AH0 B-AW1 T-IH1 T-AH0-N D-AY1 F-EH1-L T-L-AY1 K-AY1 W-AA1 Z-AA1-N DH-AH0 R-AY1-T S-AY1 D-AH1-V TH-IH1-NG-Z


but in practice i've seen that it causes so many more problems than that value is worth that...

B-AH1 T-IH0-N P-R-AE1-K T-AH0 S-AY1-V S-IY1-N DH-AE1 T-IH1-T K-AA1 Z-AH0-Z S-OW1 M-EH1 N-IY0 M-AO1-R P-R-AA1 B-L-AH0-M-Z DH-AE1-N DH-AE1-T V-AE1 L-Y-UW0 IH1 Z-W-ER1-TH DH-AE1-T


so i think that it's just another example of that. so now-

S-OW1 AY1 TH-IH1-NG-K DH-AE1 T-IH1-T-S JH-AH1-S T-AH0 N-AH1 DH-ER0 IH0-G Z-AE1-M P-AH0 L-AH1-V DH-AE1-T S-OW1 N-AW1


... my suggestion is in continuous to be-

M-AY1 S-AH0-G JH-EH1-S CH-AH0 N-IH1 Z-IH0-N K-AH0-N T-IH1 N-Y-UW0 AH0-S T-UW1 B-IY1


... that you accept every form of value that someone is willing to give you, and if you want to have preferential pricing-

DH-AE1 T-Y-UW1 AE0-K S-EH1-P T-EH1 V-ER0 IY0 F-AO1-R M-AH1-V V-AE1 L-Y-UW0 DH-AE1-T S-AH1 M-W-AH2 N-IH1 Z-W-IH1 L-IH0-NG T-UW1 G-IH1 V-Y-UW1 AH0-N D-IH1 F-Y-UW1 W-AA1-N-T T-UW1 HH-AE1-V P-R-EH2 F-ER0 EH1-N CH-AH0-L P-R-AY1 S-IH0-NG


... then you give discounts for the stuff that you want and you don't force people to do it-

DH-EH1 N-Y-UW1 G-IH1-V D-IH1-S K-AW2-N-T-S F-AO1-R DH-AH0-S T-AH1-F DH-AE1 T-Y-UW1 W-AA1-N T-AH0-N D-Y-UW1 D-AA1-N-T F-AO1-R-S P-IY1 P-AH0-L T-UW1 D-UW1 IH1-T


... you just give them the option. and even then, i don't think many people wind up taking it because again, there's this-

Y-UW1 JH-AH1-S-T G-IH1-V DH-EH1-M DH-AH0 AA1-P SH-AH0 N-AH0-N D-IY1 V-IH0-N DH-EH1 N-AY1 D-AA1-N-T TH-IH1-NG K-M-EH1 N-IY0 P-IY1 P-AH0 L-W-AY1-N D-AH1-P T-EY1 K-IH0 NG-IH1-T B-IH0 K-AO1 Z-AH0 G-EH1-N DH-EH1-R-Z DH-IH1-S


... training that has to happen, right? and most of the people who are willing to do that training are not the same people who actually want to give you-

T-R-EY1 N-IH0-NG DH-AE1-T HH-AE1-Z T-UW1 HH-AE1 P-AH0 N-R-AY1 T-AH0-N D-M-OW1-S T-AH1-V DH-AH0 P-IY1 P-AH0-L HH-UW1 AA1 R-W-IH1 L-IH0-NG T-UW1 D-UW1 DH-AE1-T T-R-EY1 N-IH0 NG-AA1-R N-AA1-T DH-AH0 S-EY1-M P-IY1 P-AH0-L HH-UW1 AE1-K CH-AH0 W-AH0 L-IY0 W-AA1-N-T T-UW1 G-IH1 V-Y-UW1


... money or have money to give you for things that are good.

M-AH1 N-IY0 AO1-R HH-AE1 V-M-AH1 N-IY0 T-UW1 G-IH1 V-Y-UW1 F-AO1-R TH-IH1-NG-Z DH-AE1 T-AA1-R G-UH1-D


i mean, it's the same thing. advertisers are even worse than having guests on, right? because they're paying you-

AY1 M-IY1 N-IH1-T-S DH-AH0 S-EY1-M TH-IH1 NG-AE1-D V-ER0 T-AY2 Z-ER0 Z-AA1 R-IY1 V-IH0 N-W-ER1-S DH-AE1-N HH-AE1 V-IH0-NG G-EH1-S-T S-AA1 N-R-AY1-T B-IH0 K-AO1-Z TH-EH1-R P-EY1 IH0 NG-Y-UW1


... right? so, i did an experiment-

R-AY1-T S-OW1 AY1 D-IH1 D-AE1 N-IH0-K-S P-EH1 R-AH0 M-AH0-N-T


... and the first part, during one of the co, i mentioned in the show notes that when he was talking about bitcoin-

AH0-N-D DH-AH0 F-ER1-S-T P-AA1-R-T D-UH1 R-IH0 NG-W-AH1 N-AH1-V DH-AH0 K-OW1 AY1 M-EH1-N SH-AH0-N D-IH0-N DH-AH0 SH-OW1 N-OW1-T-S DH-AE1 T-W-EH1-N HH-IY1 W-AA1-Z T-AO1 K-IH0 NG-AH0 B-AW1-T B-IH1-T K-AH0-N


... he was our first sponsor, right?

HH-IY1 W-AA1 Z-AW1 ER0 F-ER1-S-T-S P-AA1-N S-ER0 R-AY1-T


and from that, i got four or five comments from people. it was about half the comments saying that-

AH0-N-D F-R-AH1-M DH-AE1 T-AY1 G-AA1-T F-AO1 R-AO1-R F-AY1-V K-AA1 M-EH0-N-T-S F-R-AH1-M P-IY1 P-AH0 L-IH1 T-W-AA1 Z-AH0 B-AW1-T HH-AE1-F DH-AH0 K-AA1 M-EH0-N-T-S S-EY1 IH0-NG DH-AE1-T


... years ago, that we couldn't really talk to him about this stuff-

Y-IH1-R Z-AH0 G-OW1 DH-AE1 T-W-IY1 K-AW1-L D-AH0-N T-R-IH1 L-IY0 T-AO1-K T-UW1 HH-IH1 M-AH0 B-AW1-T DH-IH1-S-S T-AH1-F


... because it was... we were conflicted. and, he had actually offered to sponsor the show with-

B-IH0 K-AO1 Z-IH1 T-W-AA1 Z-W-IY1 W-ER0 K-AH0-N F-L-IH1-K T-IH0 D-AH0-N-D HH-IY1 HH-AE1 D-AE1-K CH-AH0 W-AH0 L-IY0 AO1 F-ER0-D T-UW1-S P-AA1-N S-ER0 DH-AH0 SH-OW1 W-IH1-DH


... pretty decently large amount of-

P-R-IH1 T-IY0 D-IY1 S-AH0-N T-L-IY0 L-AA1-R JH-AH0 M-AW1-N T-AH1-V


... money before we had done this stuff. and i said, "no," because i assumed that this would-

M-AH1 N-IY0 B-IH0 F-AO1 R-W-IY1 HH-AE1-D D-AH1-N DH-IH1-S-S T-AH1 F-AH0-N D-AY1 S-EH1 D-N-OW1 B-IH0 K-AO1 Z-AY1 AH0 S-UW1-M-D DH-AE1-T DH-IH1 S-W-UH1-D


... be the case, but it continues to be the case, so that not really is the problem is that-

B-IY1 DH-AH0 K-EY1-S B-AH1 T-IH1-T K-AH0-N T-IH1 N-Y-UW0-Z T-UW1 B-IY1 DH-AH0 K-EY1-S S-OW1 DH-AE1 T-N-AA1 T-R-IH1 L-IY0 IH1-Z DH-AH0 P-R-AA1 B-L-AH0 M-IH1-Z DH-AE1-T


... people who have money to give you when it comes to advertising, a lot of times are not projects that you actually want to advertise. and there's this unfortunate-

P-IY1 P-AH0-L HH-UW1 HH-AE1 V-M-AH1 N-IY0 T-UW1 G-IH1 V-Y-UW1 W-EH1 N-IH1-T K-AH1-M-Z T-UW1 AE1-D V-ER0 T-AY2 Z-IH0 NG-AH0 L-AA1 T-AH1-V T-AY1-M Z-AA1-R N-AA1-T P-R-AA1 JH-EH0-K-T-S DH-AE1 T-Y-UW1 AE1-K CH-AH0 W-AH0 L-IY0 W-AA1-N-T T-UW1 AE1-D V-ER0 T-AY2 Z-AH0-N-D DH-EH1-R-Z DH-IH1 S-AH0-N F-AO1-R CH-AH0 N-AH0-T


... reality that if a project is a scam-

R-IY0 AE1 L-AH0 T-IY0 DH-AE1 T-IH1 F-AH0 P-R-AA1 JH-EH0-K T-IH1 Z-AH0-S K-AE1-M


... that's effective, right? it's not just an obvious gamble-

TH-AE1-T S-IH0 F-EH1-K T-IH0 V-R-AY1 T-IH1-T S-N-AA1-T JH-AH1-S T-AE1 N-AA1-B V-IY0 AH0-S G-AE1-M B-AH0-L


... than a, you won't be able to tell, and b, they'll actually have a lot of money to pay you to do whatever you're going to do because they're a scam.

DH-AE1 N-AH0 Y-UW1 W-OW1-N-T B-IY1 EY1 B-AH0-L T-UW1 T-EH1 L-AH0-N-D B-IY1 TH-EY1 L-AE1-K CH-AH0 W-AH0 L-IY0 HH-AE1 V-AH0 L-AA1 T-AH1 V-M-AH1 N-IY0 T-UW1 P-EY1 Y-UW1 T-UW1 D-UW1 W-AH2 T-EH1 V-ER0 Y-UH1-R G-OW1 IH0-NG T-UW1 D-UW1 B-IH0 K-AO1-Z TH-EH1 R-AH0-S K-AE1-M


so they don't actually have many of the costs associated. so we wound up just-

S-OW1 DH-EY1 D-AA1-N T-AE1-K CH-AH0 W-AH0 L-IY0 HH-AE1 V-M-EH1 N-IY0 AH1-V DH-AH0 K-AA1-S-T S-AH0 S-OW1 S-IY0 EY2 T-AH0-D S-OW1 W-IY1 W-AW1-N D-AH1-P JH-AH1-S-T


... completely walking away from advertising after a certain point and just not-

K-AH0-M P-L-IY1 T-L-IY0 W-AO1 K-IH0 NG-AH0 W-EY1 F-R-AH1 M-AE1-D V-ER0 T-AY2 Z-IH0 NG-AE1-F T-ER0 AH0 S-ER1 T-AH0-N P-OY1-N T-AH0-N-D JH-AH1-S T-N-AA1-T


... advertising continues to be very difficult for me, just because of that disconnect between people who you want to advertise with you, versus people who have the money to [inaudible 00:03:59].

AE1-D V-ER0 T-AY2 Z-IH0-NG K-AH0-N T-IH1 N-Y-UW0-Z T-UW1 B-IY1 V-EH1 R-IY0 D-IH1 F-AH0 K-AH0-L-T F-AO1-R M-IY1 JH-AH1-S-T B-IH0 K-AO1 Z-AH1-V DH-AE1-T D-IH0-S K-AH0 N-EH1-K-T B-IH0 T-W-IY1-N P-IY1 P-AH0-L HH-UW1 Y-UW1 W-AA1-N-T T-UW1 AE1-D V-ER0 T-AY2 Z-W-IH1 DH-Y-UW1 V-ER1 S-AH0-S P-IY1 P-AH0-L HH-UW1 HH-AE1-V DH-AH0 M-AH1 N-IY0 T-UW1 IH0 N-AO1 D-AH0 B-AH0-L Z-IH1 R-OW0 AW1 ER0-Z TH-R-IY1 M-IH1 N-AH0-T S-AH0-N-D F-IH1-F T-IY0 N-AY1-N S-EH1 K-AH0-N-D-Z


is there any value to it anymore?

IH1-Z DH-EH1 R-EH1 N-IY0 V-AE1 L-Y-UW0 T-UW1 IH1 T-EH2 N-IY0 M-AO1-R


... there will be an exchange opportunity-

DH-EH1 R-W-IH1-L B-IY1 AE1 N-IH0-K-S CH-EY1-N JH-AA2 P-ER0 T-UW1 N-AH0 T-IY0


... into a project that i've been consulting on. it's a reinvention of a proof of existence in a method that-

IH0-N T-UW1 AH0 P-R-AA1 JH-EH0-K-T DH-AE1 T-AY1-V B-IH1-N K-AH0-N S-AH1-L T-IH0 NG-AA1 N-IH1-T S-AH0 R-IY0 IH0-N V-EH1-N SH-AH0 N-AH1 V-AH0 P-R-UW1 F-AH1 V-EH0-G Z-IH1-S T-AH0-N S-IH0 N-AH0 M-EH1 TH-AH0-D DH-AE1-T


... btcmedia.org, which is the parent company of bitcoin magazine and the parent company of [why bitcoin 00:04:33] and parent company of i believe-

CH-M-EY0-N T-IY1 D-IY0 AH0 D-AA1 T-AO1-R-G K-AA1 M-AH0 W-IH1 CH-IH1-Z DH-AH0 P-EH1 R-AH0-N-T K-AH1-M P-AH0 N-IY0 AH1-V B-IH1-T K-AH0-N M-AE1 G-AH0 Z-IY2 N-AH0-N-D DH-AH0 P-EH1 R-AH0-N-T K-AH1-M P-AH0 N-IY0 AH1 V-W-AY1 B-IH1-T K-AH0-N Z-IH1 R-OW0 AW1 ER0-Z F-AO1-R M-IH1 N-AH0-T S-AH0-N-D TH-ER1 D-IY0 TH-R-IY1 S-EH1 K-AH0-N-D Z-AH0-N-D P-EH1 R-AH0-N-T K-AH1-M P-AH0 N-IY0 AH1 V-AY1 B-IH0 L-IY1-V


... a chinese publication as well.

AH0 CH-AY0 N-IY1-Z P-AH2 B-L-IH0 K-EY1 SH-AH0 N-AE1 Z-W-EH1-L


i'm continuing to do last stock pick one show that continues to be entirely my thing.

IH1-M K-AH0-N T-IH1 N-Y-UW0 IH0-NG T-UW1 D-UW1 L-AE1-S-T-S T-AA1-K P-IH1 K-W-AH1-N SH-OW1 DH-AE1-T K-AH0-N T-IH1 N-Y-UW0-Z T-UW1 B-IY1 IH0-N T-AY1 ER0 L-IY0 M-AY1 TH-IH1-NG


but what's happening here effectively is i've been working with david bailey, who's the-

B-AH1 T-W-AH0-T-S HH-AE1 P-AH0 N-IH0-NG HH-IY1 R-IH0 F-EH1-K T-IH0 V-L-IY0 IH1 Z-AY1-V B-IH1 N-W-ER1 K-IH0 NG-W-IH1-DH D-EY1 V-IH0-D B-EY1 L-IY0 HH-UW1-Z DH-AH0


... founder of btcmedia.org-

F-AW1-N D-ER0 AH1-V CH-AE0-M B-IY1 D-IY0 ER0


... and who's been a longtime fan of the show and network, and-

AH0-N-D HH-UW1-Z B-IH1 N-AH0 L-AO1-NG T-AY2-M F-AE1 N-AH1-V DH-AH0 SH-OW1 AH0-N D-N-EH1 T-W-ER2 K-AH0-N-D


... as you guys know, i don't really intend to start a network. i thought-

AE1 Z-Y-UW1 G-AY1 Z-N-OW1 AY1 D-AA1-N T-R-IH1 L-IY0 IH0-N T-EH1-N-D T-UW1-S T-AA1-R T-AH0 N-EH1 T-W-ER2 K-AY1 TH-AO1-T


... winter of 2013 and kind of early 2014

W-IH1-N T-ER0 AH1-V T-W-EH1-N T-IY0 TH-ER1 T-IY1 N-AH0-N-D K-AY1-N D-AH1 V-ER1 L-IY0 T-W-EH1-N T-IY0 F-AO1-R T-IY1-N


... which was to 21300, had changed the dynamic of things and that it was going to be even easier than it had before to monetize and so we could bring in-

W-IH1 CH-W-AA1-Z T-UW1 T-W-EH1-N T-IY0 W-AH1-N TH-AW1 Z-AH0-N-D TH-R-IY1 HH-AH1-N D-R-AH0-D HH-AE1-D CH-EY1-N-JH-D DH-AH0 D-AY0 N-AE1 M-IH0 K-AH1-V TH-IH1-NG Z-AH0-N-D DH-AE1 T-IH1 T-W-AA1-Z G-OW1 IH0-NG T-UW1 B-IY1 IY1 V-IH0 N-IY1 Z-IY0 ER0 DH-AE1 N-IH1-T HH-AE1-D B-IH0 F-AO1-R T-UW1 M-AA1 N-AH0 T-AY2 Z-AH0-N-D S-OW1 W-IY1 K-UH1-D B-R-IH1 NG-IH0-N


... couple of times, we hired a team-

K-AH1 P-AH0 L-AH1-V T-AY1-M Z-W-IY1 HH-AY1 ER0 D-AH0 T-IY1-M


... and kind of tried to make the network useful because that really what i wanted from it was to not have to focus-

AH0-N-D K-AY1-N D-AH1-V T-R-AY1-D T-UW1 M-EY1-K DH-AH0 N-EH1 T-W-ER2 K-Y-UW1-S F-AH0-L B-IH0 K-AO1-Z DH-AE1 T-R-IH1 L-IY0 W-AH1 T-AY1 W-AA1-N T-AH0-D F-R-AH1 M-IH1 T-W-AA1-Z T-UW1 N-AA1-T HH-AE1-V T-UW1 F-OW1 K-AH0-S


... on monetizing the podcast. i just wanted to focus on making the podcast, on having the resources to having editor constantly and have a producer on the show.

AA1-N M-AH1 N-AH0 T-AY2 Z-IH0-NG DH-AH0 P-OW1-D K-AE2-S T-AY1 JH-AH1-S T-W-AA1-N T-AH0-D T-UW1 F-OW1 K-AH0 S-AA1-N M-EY1 K-IH0-NG DH-AH0 P-OW1-D K-AE2-S T-AA1-N HH-AE1 V-IH0-NG DH-AH0 R-IY1 S-AO0-R S-IH0-Z T-UW1 HH-AE1 V-IH0 NG-EH1 D-AH0 T-ER0 K-AA1-N-S T-AH0-N T-L-IY0 AH0-N-D HH-AE1 V-AH0 P-R-AH0 D-UW1 S-ER0 AA1-N DH-AH0 SH-OW1


and i just was never able to make it work because that's not my skillset, and i was trying to do too many things at once.

AH0-N D-AY1 JH-AH1-S T-W-AA1 Z-N-EH1 V-ER0 EY1 B-AH0-L T-UW1 M-EY1 K-IH1 T-W-ER1-K B-IH0 K-AO1-Z TH-AE1-T S-N-AA1 T-M-AY1-S K-IH1-L-S T-AH0-N D-AY1 W-AA1-Z T-R-AY1 IH0-NG T-UW1 D-UW1 T-UW1 M-EH1 N-IY0 TH-IH1-NG Z-AE1 T-W-AH1-N-S


so, essentially for-


... the last year, i've been talking with david bailey-

DH-AH0 L-AE1-S T-Y-IH1 R-AY1-V B-IH1-N T-AO1 K-IH0 NG-W-IH1-DH D-EY1 V-IH0-D B-EY1 L-IY0


... about whether or not, and how we can work together-

AH0 B-AW1 T-W-EH1 DH-ER0 AO1-R N-AA1 T-AH0-N-D HH-AW1 W-IY1 K-AE1 N-W-ER1-K T-AH0 G-EH1 DH-ER0


... in order to make it so that they can bring a lot of the success that they've had in monetizing and creating a sustainable enterprise with bitcoin magazine which-

IH0 N-AO1-R D-ER0 T-UW1 M-EY1 K-IH1-T S-OW1 DH-AE1-T DH-EY1 K-AE1-N B-R-IH1 NG-AH0 L-AA1 T-AH1-V DH-AH0 S-AH0-K S-EH1-S DH-AE1-T DH-EY1-V HH-AE1 D-IH0-N M-AH1 N-AH0 T-AY2 Z-IH0 NG-AH0-N-D K-R-IY0 EY1 T-IH0 NG-AH0 S-AH0-S T-EY1 N-AH0 B-AH0 L-EH1-N T-ER0 P-R-AY2 Z-W-IH1-DH B-IH1-T K-AH0-N M-AE1 G-AH0 Z-IY2 N-W-IH1-CH


... was pretty much a basket case before they bought it.

W-AA1-Z P-R-IH1 T-IY0 M-AH1 CH-AH0 B-AE1-S K-AH0-T K-EY1-S B-IH0 F-AO1-R DH-EY1 B-AA1 T-IH1-T


and another thing's essentially-

AH0-N D-AH0 N-AH1 DH-ER0 TH-IH1-NG Z-IH0 S-EH1-N SH-AH0 L-IY0


... to make it so that-


... we all have the resources to do this, and most importantly-

W-IY1 AO1-L HH-AE1-V DH-AH0 R-IY1 S-AO0-R S-IH0-Z T-UW1 D-UW1 DH-IH1 S-AH0-N D-M-OW1-S T-IH0-M P-AO1-R T-AH0-N T-L-IY0


... the network rather than being just kind of-

DH-AH0 N-EH1 T-W-ER2 K-R-AE1 DH-ER0 DH-AE1-N B-IY1 IH0-NG JH-AH1-S-T K-AY1-N D-AH1-V


... is what it's been to this point-

IH1 Z-W-AH1 T-IH1-T-S B-IH1-N T-UW1 DH-IH1-S P-OY1-N-T


... pushing forward, growing the audience, useful structure for all of the podcasts and podcasters that are on it.

P-UH1 SH-IH0-NG F-AO1 R-W-ER0-D G-R-OW1 IH0-NG DH-AH0 AA1 D-IY0 AH0-N S-Y-UW1-S F-AH0-L-S T-R-AH1-K CH-ER0 F-AO1 R-AO1 L-AH1-V DH-AH0 P-OW1-D K-AE2-S-T S-AH0-N-D P-AA1-D K-AE2-S T-ER0-Z DH-AE1 T-AA1 R-AA1 N-IH1-T


and that was always the problem that we had is just that-

AH0-N-D DH-AE1 T-W-AA1 Z-AO1 L-W-EY2-Z DH-AH0 P-R-AA1 B-L-AH0-M DH-AE1 T-W-IY1 HH-AE1 D-IH1-Z JH-AH1-S-T DH-AE1-T


... frankly, have a lot of money to do it and got very poor results as a result so-

F-R-AE1-NG K-L-IY0 HH-AE1 V-AH0 L-AA1 T-AH1 V-M-AH1 N-IY0 T-UW1 D-UW1 IH1 T-AH0-N-D G-AA1-T V-EH1 R-IY0 P-UH1-R R-IH0 Z-AH1-L-T S-AE1 Z-AH0 R-IH0 Z-AH1-L-T S-OW1


... big infusion of money and resources into the network-

B-IH1 G-IH0-N F-Y-UW1 ZH-AH0 N-AH1 V-M-AH1 N-IY0 AH0-N D-R-IY1 S-AO0-R S-IH0 Z-IH0-N T-UW1 DH-AH0 N-EH1 T-W-ER2-K


... that will then go towards growing the audiences of the podcasts towards improving monetization and making it so that this can be a sustainable thing for everybody.

DH-AE1 T-W-IH1-L DH-EH1-N G-OW1 T-AH0 W-AO1-R-D-Z G-R-OW1 IH0-NG DH-AH0 AA1 D-IY0 AH0-N S-AH0 Z-AH1-V DH-AH0 P-OW1-D K-AE2-S-T-S T-AH0 W-AO1-R-D Z-IH0-M P-R-UW1 V-IH0-NG M-AA2 N-AH0 T-AH0 Z-EY1 SH-AH0 N-AH0-N D-M-EY1 K-IH0 NG-IH1-T S-OW1 DH-AE1-T DH-IH1-S K-AE1-N B-IY1 AH0 S-AH0-S T-EY1 N-AH0 B-AH0-L TH-IH1-NG F-AO1 R-EH1 V-R-IY0 B-AA2 D-IY0


i mentioned that the name is changing towards the beginning of this episode. maybe that would-

AY1 M-EH1-N SH-AH0-N-D DH-AE1-T DH-AH0 N-EY1 M-IH1-Z CH-EY1-N JH-IH0-NG T-AH0 W-AO1-R-D-Z DH-AH0 B-IH0 G-IH1 N-IH0 NG-AH1-V DH-IH1 S-EH1 P-AH0 S-OW2 D-M-EY1 B-IY0 DH-AE1 T-W-UH1-D


... basically what this is, the network is going to be in about three or four months rebranded and relaunched-

B-EY1 S-IH0 K-L-IY0 W-AH1-T DH-IH1 S-IH1-Z DH-AH0 N-EH1 T-W-ER2 K-IH1-Z G-OW1 IH0-NG T-UW1 B-IY1 IH0 N-AH0 B-AW1-T TH-R-IY1 AO1-R F-AO1-R M-AH1-N-TH S-R-IY0 B-R-EY1-N D-AH0 D-AH0-N D-R-IY0 L-AO1-N-CH-T


... and we're going to see it expand beyond just cryptocurrency and into basically all disruptive technology.

AH0-N D-W-ER0 G-OW1 IH0-NG T-UW1 S-IY1 IH1 T-IH0-K-S P-AE1-N-D B-IH0 AA1-N-D JH-AH1-S-T K-R-IH1 P-AH0 K-Y-AH0 N-ER0 SH-IY0 AH0-N D-IH0-N T-UW1 B-EY1 S-IH0 K-L-IY0 AO1-L D-IH0 S-R-AH1-P T-IH0-V T-EH0 K-N-AA1 L-AH0 JH-IY0


there's a lot of other stuff.

DH-EH1-R Z-AH0 L-AA1 T-AH1 V-AH1 DH-ER0-S T-AH1-F


i'm very excited about it. like i said, there's going to be a lot of resources coming into the network and-

IH1-M V-EH1 R-IY0 IH0-K S-AY1 T-AH0 D-AH0 B-AW1 T-IH1 T-L-AY1 K-AY1 S-EH1-D DH-EH1-R-Z G-OW1 IH0-NG T-UW1 B-IY1 AH0 L-AA1 T-AH1 V-R-IY1 S-AO0-R S-IH0-Z K-AH1 M-IH0 NG-IH0-N T-UW1 DH-AH0 N-EH1 T-W-ER2 K-AH0-N-D


... the show, i'm very excited to have kind of some more stability and a more professional organization behind us-

DH-AH0 SH-OW1 IH1-M V-EH1 R-IY0 IH0-K S-AY1 T-AH0-D T-UW1 HH-AE1-V K-AY1-N D-AH1-V S-AH1-M M-AO1-R-S T-AH0 B-IH1 L-IH0 T-IY0 AH0-N D-AH0 M-AO1-R P-R-AH0 F-EH1 SH-AH0 N-AH0 L-AO2-R G-AH0 N-AH0 Z-EY1 SH-AH0-N B-IH0 HH-AY1-N D-AH1-S


... that's the thing that i was really waiting on is... it was just killing me editing the show. it's kill-

TH-AE1-T-S DH-AH0 TH-IH1-NG DH-AE1 T-AY1 W-AA1 Z-R-IH1 L-IY0 W-EY1 T-IH0 NG-AA1 N-IH1 Z-IH1 T-W-AA1-Z JH-AH1-S-T K-IH1 L-IH0-NG M-IY1 EH1 D-AH0 T-IH0-NG DH-AH0 SH-OW1 IH1-T-S K-IH1-L


... me, editing and producing the show. and we were just putting out worse and worse content, and i really hate that. i hate putting out stuff that's low quality and i know-

M-IY1 EH1 D-AH0 T-IH0 NG-AH0-N-D P-R-AH0 D-UW1 S-IH0-NG DH-AH0 SH-OW1 AH0-N D-W-IY1 W-ER0 JH-AH1-S-T P-AH1 T-IH0 NG-AW1 T-W-ER1 S-AH0-N D-W-ER1-S K-AA1-N T-EH0-N T-AH0-N D-AY1 R-IH1 L-IY0 HH-EY1-T DH-AE1 T-AY1 HH-EY1-T P-AH1 T-IH0 NG-AW1-T-S T-AH1-F TH-AE1-T S-L-OW1 K-W-AA1 L-AH0 T-IY0 AH0-N D-AY1 N-OW1


... so, this is an opportunity for me and everybody else will be contacted within the next couple of weeks-

S-OW1 DH-IH1 S-IH1 Z-AE1 N-AA2 P-ER0 T-UW1 N-AH0 T-IY0 F-AO1-R M-IY1 AH0-N D-EH1 V-R-IY0 B-AA2 D-IY0 EH1-L S-W-IH1-L B-IY1 K-AA1-N T-AE2-K T-IH0 D-W-IH0 DH-IH1-N DH-AH0 N-EH1-K-S-T K-AH1 P-AH0 L-AH1 V-W-IY1-K-S


... by the management to go through this whole process that we've been going through as well-

B-AY1 DH-AH0 M-AE1 N-AH0 JH-M-AH0-N-T T-UW1 G-OW1 TH-R-UW1 DH-IH1-S HH-OW1-L P-R-AA1 S-EH2-S DH-AE1 T-W-IY1-V B-IH1-N G-OW1 IH0-NG TH-R-UW1 AE1 Z-W-EH1-L


... but, yeah. that's basically where we are right now is... the ltb network is going to be rebranded as let's talk.

B-AH1 T-Y-AE1 TH-AE1-T-S B-EY1 S-IH0 K-L-IY0 W-EH1 R-W-IY1 AA1-R R-AY1 T-N-AW1 IH1-Z DH-AH0 L-EH1-B T-IY1 N-EH1 T-W-ER2 K-IH1-Z G-OW1 IH0-NG T-UW1 B-IY1 R-IY0 B-R-EY1-N D-AH0 D-AE1 Z-L-EH1-T-S T-AO1-K


we've been acquired by btc media-

W-IY1-V B-IH1 N-AH0 K-W-AY1 ER0-D B-AY1 T-IY1 B-IY1 S-IY1 M-IY1 D-IY0 AH0


... that's not exactly certain at-

TH-AE1-T S-N-AA1 T-IH0-G Z-AE1-K T-L-IY0 S-ER1 T-AH0 N-AE1-T


... this point. so that's the long and the short of what's happening there. happy to answer any questions.

DH-IH1-S P-OY1-N-T S-OW1 TH-AE1-T-S DH-AH0 L-AO1 NG-AH0-N-D DH-AH0 SH-AO1-R T-AH1 V-W-AH0-T-S HH-AE1 P-AH0 N-IH0-NG DH-EH1-R HH-AE1 P-IY0 T-UW1 AE1-N S-ER0 EH1 N-IY0 K-W-EH1-S CH-AH0-N-Z


okay. well, this is a live announcement.

OW2 K-EY1 W-EH1-L DH-IH1 S-IH1 Z-AH0 L-AY1 V-AH0 N-AW1-N S-M-AH0-N-T


so, i have some questions. i mean maybe-

S-OW1 AY1 HH-AE1-V S-AH1-M K-W-EH1-S CH-AH0-N Z-AY1 M-IY1-N M-EY1 B-IY0


... now's not the place because we have a lot of other things to talk about, but-

N-AW1 Z-N-AA1-T DH-AH0 P-L-EY1-S B-IH0 K-AO1 Z-W-IY1 HH-AE1 V-AH0 L-AA1 T-AH1 V-AH1 DH-ER0 TH-IH1-NG-Z T-UW1 T-AO1 K-AH0 B-AW1-T B-AH1-T


... if you already know for content producers on the network.

IH1 F-Y-UW1 AO0-L R-EH1 D-IY0 N-OW1 F-AO1-R K-AH0-N T-EH1-N-T P-R-AH0 D-UW1 S-ER0 Z-AA1-N DH-AH0 N-EH1 T-W-ER2-K


so content producers on the network are going to be contacted by both myself and essentially the team that will be running david bailey-

S-OW1 K-AH0-N T-EH1-N-T P-R-AH0 D-UW1 S-ER0 Z-AA1-N DH-AH0 N-EH1 T-W-ER2 K-AA1-R G-OW1 IH0-NG T-UW1 B-IY1 K-AA1-N T-AE2-K T-IH0-D B-AY1 B-OW1 TH-M-AY2 S-EH1-L F-AH0-N D-IH0 S-EH1-N SH-AH0 L-IY0 DH-AH0 T-IY1-M DH-AE1 T-W-IH1-L B-IY1 R-AH1 N-IH0-NG D-EY1 V-IH0-D B-EY1 L-IY0


... is not going to be running it to essentially go through a negotiation process to figure out what types of service.

IH1 Z-N-AA1-T G-OW1 IH0-NG T-UW1 B-IY1 R-AH1 N-IH0 NG-IH1-T T-UW1 IH0 S-EH1-N SH-AH0 L-IY0 G-OW1 TH-R-UW1 AH0 N-IH0 G-OW2 SH-IY0 EY1 SH-AH0-N P-R-AA1 S-EH2-S T-UW1 F-IH1 G-Y-ER0 AW1 T-W-AH1-T T-AY1-P S-AH1-V S-ER1 V-AH0-S


so, you guys probably will need less service from the network than most people-

S-OW1 Y-UW1 G-AY1-Z P-R-AA1 B-AH0 B-L-IY0 W-IH1-L N-IY1 D-L-EH1-S S-ER1 V-AH0-S F-R-AH1-M DH-AH0 N-EH1 T-W-ER2-K DH-AE1-N M-OW1-S-T P-IY1 P-AH0-L


... but i've talked with a lot of the other podcaster-

B-AH1 T-AY1-V T-AO1-K T-W-IH1 DH-AH0 L-AA1 T-AH1-V DH-AH0 AH1 DH-ER0 P-AA1-D K-AE2-S T-ER0


... whose who, like me, have been struggling to really keep producing good quality content on a regular basis and not really-

HH-UW1-Z HH-UW1 L-AY1 K-M-IY1 HH-AE1-V B-IH1-N-S T-R-AH1 G-AH0 L-IH0-NG T-UW1 R-IH1 L-IY0 K-IY1-P P-R-AH0 D-UW1 S-IH0-NG G-UH1-D K-W-AA1 L-AH0 T-IY0 K-AA1-N T-EH0-N T-AA1 N-AH0 R-EH1 G-Y-AH0 L-ER0 B-EY1 S-AH0 S-AH0-N D-N-AA1 T-R-IH1 L-IY0


... let's give me a little different for everybody. but the bottom line-

L-EH1-T-S G-IH1 V-M-IY1 AH0 L-IH1 T-AH0-L D-IH1 F-ER0 AH0-N-T F-AO1 R-EH1 V-R-IY0 B-AA2 D-IY0 B-AH1-T DH-AH0 B-AA1 T-AH0 M-L-AY1-N


... is that things will be getting settled in the-

IH1-Z DH-AE1-T TH-IH1-NG Z-W-IH1-L B-IY1 G-EH1 T-IH0-NG S-EH1 T-AH0-L D-IH0-N DH-AH0


... next couple of weeks. there's going to be no changes on the network. you-

N-EH1-K-S-T K-AH1 P-AH0 L-AH1 V-W-IY1-K-S DH-EH1-R-Z G-OW1 IH0-NG T-UW1 B-IY1 N-OW1 CH-EY1-N JH-AH0 Z-AA1-N DH-AH0 N-EH1 T-W-ER2 K-Y-UW1


the only reason the crypto show made it on was because they literally bothered me so many times-

DH-AH0 OW1 N-L-IY0 R-IY1 Z-AH0-N DH-AH0 K-R-IH1-P T-OW0 SH-OW1 M-EY1 D-IH1 T-AA1 N-W-AA1-Z B-IH0 K-AO1-Z DH-EY1 L-IH1 T-ER0 AH0 L-IY0 B-AA1 DH-ER0 D-M-IY1 S-OW1 M-EH1 N-IY0 T-AY1-M-Z


... but i was just like, "okay, fine. we'll put you guys on early, but i'm still-

B-AH1 T-AY1 W-AA1-Z JH-AH1-S T-L-AY1 K-OW2 K-EY1 F-AY1 N-W-EH1-L P-UH1 T-Y-UW1 G-AY1 Z-AA1 N-ER1 L-IY0 B-AH1 T-IH1-M-S T-IH1-L


... in this negotiation." so-

IH0-N DH-IH1 S-N-IH0 G-OW2 SH-IY0 EY1 SH-AH0-N S-OW1


... things might change after a certain point, but yeah.

TH-IH1-NG Z-M-AY1-T CH-EY1-N JH-AE1-F T-ER0 AH0 S-ER1 T-AH0-N P-OY1-N-T B-AH1 T-Y-AE1


that kind of goes beyond what's being offered right now on the network.

DH-AE1-T K-AY1-N D-AH1-V G-OW1-Z B-IH0 AA1-N D-W-AH0-T-S B-IY1 IH0 NG-AO1 F-ER0 D-R-AY1 T-N-AW1 AA1-N DH-AH0 N-EH1 T-W-ER2-K


we're going to take in pilots and hopefully put on a lot of stuff. but some of the more exciting things from my perspective are-

W-ER0 G-OW1 IH0-NG T-UW1 T-EY1 K-IH0-N P-AY1 L-AH0-T S-AH0-N-D HH-OW1-P F-AH0 L-IY0 P-UH1 T-AA1 N-AH0 L-AA1 T-AH1-V-S T-AH1-F B-AH1-T S-AH1 M-AH1-V DH-AH0 M-AO1 R-IH0-K S-AY1 T-IH0-NG TH-IH1-NG-Z F-R-AH1-M M-AY1 P-ER0-S P-EH1-K T-IH0 V-AA1-R


... btcmedia.org folks, and for-

CH-AE0-M B-IY1 D-IY0 ER0 F-OW1-K S-AH0-N-D F-AO1-R


back in 2013, we put together a pilot with juan llanos and-

B-AE1 K-IH0-N T-W-EH1-N T-IY0 TH-ER1 T-IY1 N-W-IY1 P-UH1-T T-AH0 G-EH1 DH-ER0 AH0 P-AY1 L-AH0 T-W-IH1 DH-W-AA1 N-L-AA1 N-OW0 Z-AH0-N-D


... rodolfo from the argentinian bitcoin embassy-

R-OW0 D-AA1-L F-OW0 F-R-AH1-M DH-AH0 AA2-R JH-AH0-N T-IH1 N-IY0 AH0-N B-IH1-T K-AH0 N-EH1-M B-AH0 S-IY0


... and one other gentleman whose name escapes me. we put-

AH0-N D-W-AH1 N-AH1 DH-ER0 JH-EH1-N T-AH0-L M-AH0-N HH-UW1 Z-N-EY1 M-IH0-S K-EY1-P S-M-IY1 W-IY1 P-UH1-T


... together a pilot episode of hablemos bitcoin-

T-AH0 G-EH1 DH-ER0 AH0 P-AY1 L-AH0 T-EH1 P-AH0 S-OW2 D-AH1-V HH-EY1 B-AH0-L M-OW0-S B-IH1-T K-AH0-N


so, i wound up just kind of banging my head against that wall for about-

S-OW1 AY1 W-AW1-N D-AH1-P JH-AH1-S-T K-AY1-N D-AH1-V B-AE1 NG-IH0-NG M-AY1 HH-EH1 D-AH0 G-EH1-N-S-T DH-AE1 T-W-AO1-L F-AO1 R-AH0 B-AW1-T


... two days, and then we kind of moved on and there-

T-UW1 D-EY1 Z-AH0-N-D DH-EH1 N-W-IY1 K-AY1-N D-AH1 V-M-UW1-V D-AA1 N-AH0-N-D DH-EH1-R


... moved on. but i think there's a huge opportunity and an increasing opportunity to have-

M-UW1-V D-AA1-N B-AH1 T-AY1 TH-IH1-NG-K DH-EH1-R Z-AH0 HH-Y-UW1 JH-AA2 P-ER0 T-UW1 N-AH0 T-IY0 AH0-N D-AE1 N-IH0-N K-R-IY1 S-IH0 NG-AA2 P-ER0 T-UW1 N-AH0 T-IY0 T-UW1 HH-AE1-V


... shows that are targeted at the chinese market, that are targeted towards minors specifically and focus on that type of news-

SH-OW1-Z DH-AE1 T-AA1-R T-AA1-R G-AH0 T-IH0 D-AE1-T DH-AH0 CH-AY0 N-IY1 Z-M-AA1-R K-AH0-T DH-AE1 T-AA1-R T-AA1-R G-AH0 T-IH0-D T-AH0 W-AO1-R-D Z-M-AY1 N-ER0-Z-S P-AH0 S-IH1 F-IH0 K-L-IY0 AH0-N-D F-OW1 K-AH0 S-AA1-N DH-AE1-T T-AY1 P-AH1 V-N-UW1-Z


... and really to kind of go niche on a lot of these things. i think there we're probably going to wind up having a show entirely on licensing-

AH0-N D-R-IH1 L-IY0 T-UW1 K-AY1-N D-AH1-V G-OW1 N-IH1 CH-AA1 N-AH0 L-AA1 T-AH1-V DH-IY1-Z TH-IH1-NG Z-AY1 TH-IH1-NG-K DH-EH1 R-W-ER0 P-R-AA1 B-AH0 B-L-IY0 G-OW1 IH0-NG T-UW1 W-AY1-N D-AH1-P HH-AE1 V-IH0 NG-AH0 SH-OW1 IH0-N T-AY1 ER0 L-IY0 AA1 N-L-AY1 S-AH0-N S-IH0-NG


... called thinking with tokens. that is basically-

K-AO1-L-D TH-IH1-NG K-IH0 NG-W-IH1-DH T-OW1 K-AH0-N-Z DH-AE1 T-IH1-Z B-EY1 S-IH0 K-L-IY0


... out the system and just kind of get the ideas flowing, because that's been the real problem that we continue to see is that-

AW1-T DH-AH0 S-IH1-S T-AH0 M-AH0-N-D JH-AH1-S-T K-AY1-N D-AH1-V G-EH1-T DH-AH0 AY0 D-IY1 AH0-Z F-L-OW1 IH0-NG B-IH0 K-AO1-Z TH-AE1-T-S B-IH1-N DH-AH0 R-IY1-L P-R-AA1 B-L-AH0-M DH-AE1 T-W-IY1 K-AH0-N T-IH1 N-Y-UW0 T-UW1 S-IY1 IH1-Z DH-AE1-T


... people don't know how to think about this stuff. they don't really know what it's good for, and they just kind of are-

P-IY1 P-AH0-L D-AA1-N T-N-OW1 HH-AW1 T-UW1 TH-IH1-NG K-AH0 B-AW1-T DH-IH1-S-S T-AH1-F DH-EY1 D-AA1-N T-R-IH1 L-IY0 N-OW1 W-AH1 T-IH1-T-S G-UH1-D F-AO1 R-AH0-N-D DH-EY1 JH-AH1-S-T K-AY1-N D-AH1 V-AA1-R


... "hey, you could use tokens or smart contracts or another example."

HH-EY1 Y-UW1 K-UH1 D-Y-UW1-Z T-OW1 K-AH0-N Z-AO1-R S-M-AA1-R-T K-AA1-N T-R-AE2-K-T S-AO1 R-AH0 N-AH1 DH-ER0 IH0-G Z-AE1-M P-AH0-L


you could use smart contracts for that without really thinking-

Y-UW1 K-UH1 D-Y-UW1-Z S-M-AA1-R-T K-AA1-N T-R-AE2-K-T-S F-AO1-R DH-AE1 T-W-IH0 TH-AW1 T-R-IH1 L-IY0 TH-IH1-NG K-IH0-NG


... is a smart contract a good vehicle for this, or is it just something i can technically do-

IH1 Z-AH0 S-M-AA1-R-T K-AA1-N T-R-AE2-K T-AH0 G-UH1-D V-IY1 HH-IH0 K-AH0-L F-AO1-R DH-IH1 S-AO1 R-IH1 Z-IH1-T JH-AH1-S-T S-AH1-M TH-IH0 NG-AY1 K-AE1-N T-EH1 K-N-IH0 K-AH0 L-IY0 D-UW1


... stuff, but not a lot of the good use stuff.

S-T-AH1-F B-AH1 T-N-AA1 T-AH0 L-AA1 T-AH1-V DH-AH0 G-UH1 D-Y-UW1-S-S T-AH1-F


well on that, i'd be glad to do a panel on bitcoin, french-

W-EH1 L-AA1-N DH-AE1 T-IH1-D B-IY1 G-L-AE1-D T-UW1 D-UW1 AH0 P-AE1 N-AH0 L-AA1-N B-IH1-T K-AH0-N F-R-EH1-N-CH


got this idea a while back then to do podcasts in french, but-

G-AA1-T DH-IH1 S-AY0 D-IY1 AH0 AH0 W-AY1-L B-AE1-K DH-EH1-N T-UW1 D-UW1 P-OW1-D K-AE2-S-T S-IH0-N F-R-EH1-N-CH B-AH1-T


the thing is that with resources, everything gets so much easier, right?yeah.

DH-AH0 TH-IH1 NG-IH1-Z DH-AE1 T-W-IH1 DH-R-IY1 S-AO0-R S-IH0 Z-EH1 V-R-IY0 TH-IH2-NG G-EH1-T-S S-OW1 M-AH1 CH-IY1 Z-IY0 ER0 R-IY0 T-AY1 HH-IY0


so, it shows that one i produced and send the... there would be an exchange there. so-

S-OW1 IH1-T SH-OW1-Z DH-AE1 T-W-AH1 N-AY1 P-R-AH0 D-UW1-S T-AH0-N-D S-EH1-N-D DH-AH0 DH-EH1 R-W-UH1-D B-IY1 AE1 N-IH0-K-S CH-EY1-N-JH DH-EH1-R S-OW1


... money for those services. so-

M-AH1 N-IY0 F-AO1-R DH-OW1-Z S-ER1 V-AH0 S-AH0-Z S-OW1


... perhaps salespeople selling ads and if you want to partake-

P-ER0 HH-AE1-P-S S-EY1-L-Z P-IY2 P-AH0-L S-EH1 L-IH0 NG-AE1-D Z-AH0-N D-IH1 F-Y-UW1 W-AA1-N-T T-UW1 P-AA0-R T-EY1-K


that's right.... pride network.that's basically the idea here. and the other thing that's very important-

TH-AE1-T S-R-AY1-T P-R-AY1 D-N-EH1 T-W-ER2-K T-AO2-F-S B-EY1 S-IH0 K-L-IY0 DH-AH0 AY0 D-IY1 AH0 HH-IY1 R-AH0-N-D DH-AH0 AH1 DH-ER0 TH-IH1-NG TH-AE1-T-S V-EH1 R-IY0 IH0-M P-AO1-R T-AH0-N-T


... that was one of the real reasons that kicked me over the edge to do this versus not, is that the marketability of shows-

DH-AE1 T-W-AA1 Z-W-AH1 N-AH1-V DH-AH0 R-IY1-L R-IY1 Z-AH0-N-Z DH-AE1-T K-IH1-K T-M-IY1 OW1 V-ER0 DH-AH0 EH1-JH T-UW1 D-UW1 DH-IH1-S V-ER1 S-AH0 S-N-AA1 T-IH1-Z DH-AE1-T DH-AH0 M-AA2-R K-IH0 T-AH0 B-IH1 L-IH0 T-IY0 AH1-V SH-OW1-Z


... like advertising gets-

L-AY1 K-AE1-D V-ER0 T-AY2 Z-IH0-NG G-EH1-T-S


... much better at 10,000 listeners per episode. and basically all of our shows-

M-AH1-CH B-EH1 T-ER0 AE1-T T-EH1-N TH-AW1 Z-AH0-N D-L-IH1 S-AH0 N-ER0-Z P-ER1 EH1 P-AH0 S-OW2 D-AH0-N-D B-EY1 S-IH0 K-L-IY0 AO1 L-AH1 V-AW1 ER0 SH-OW1-Z


... including let's talk bitcoin and-

IH0-N K-L-UW1 D-IH0 NG-L-EH1-T-S T-AO1-K B-IH1-T K-AH0 N-AH0-N-D


... you guys, too. you occasionally will get a show above 10,000-

Y-UW1 G-AY1-Z T-UW1 Y-UW1 AH0 K-EY1 ZH-AH0 N-AH0 L-IY0 W-IH1-L G-EH1 T-AH0 SH-OW1 AH0 B-AH1-V T-EH1-N TH-AW1 Z-AH0-N-D


... listens if something goes a little bit viral someplace.

L-IH1 S-AH0-N Z-IH1-F S-AH1-M TH-IH0-NG G-OW1 Z-AH0 L-IH1 T-AH0-L B-IH1-T V-AY1 R-AH0-L S-AH1-M P-L-EY2-S


but the vast majority of episodes are in like the four to 6,000 range. so-

B-AH1-T DH-AH0 V-AE1-S T-M-AH0 JH-AO1 R-AH0 T-IY0 AH1 V-EH1 P-AH0 S-OW2-D Z-AA1 R-IH0 N-L-AY1-K DH-AH0 F-AO1-R T-UW1 S-IH1-K-S TH-AW1 Z-AH0-N D-R-EY1-N-JH S-OW1


... there's kind of a necessary growth that has to happen for all of the shows-

DH-EH1-R-Z K-AY1-N D-AH1 V-AH0 N-EH1 S-AH0 S-EH2 R-IY0 G-R-OW1-TH DH-AE1-T HH-AE1-Z T-UW1 HH-AE1 P-AH0-N F-AO1 R-AO1 L-AH1-V DH-AH0 SH-OW1-Z


... in order for it to actually make economic sense for them to do this. so again, the commitment from their perspective is they have to get these shows to that-

IH0 N-AO1-R D-ER0 F-AO1 R-IH1-T T-UW1 AE1-K CH-AH0 W-AH0 L-IY0 M-EY1 K-EH2 K-AH0 N-AA1 M-IH0-K S-EH1-N-S F-AO1-R DH-EH1-M T-UW1 D-UW1 DH-IH1-S S-OW1 AH0 G-EH1-N DH-AH0 K-AH0 M-IH1 T-M-AH0-N-T F-R-AH1-M DH-EH1-R P-ER0-S P-EH1-K T-IH0 V-IH1-Z DH-EY1 HH-AE1-V T-UW1 G-EH1-T DH-IY1-Z SH-OW1-Z T-UW1 DH-AE1-T


... and so they're very incentivized to advertise and very incentivized to do kind of all these other things-

AH0-N-D S-OW1 TH-EH1-R V-EH1 R-IY0 IH0-N S-EH1 T-AH0 V-AY2-Z-D T-UW1 AE1-D V-ER0 T-AY2 Z-AH0-N-D V-EH1 R-IY0 IH0-N S-EH1 T-AH0 V-AY2-Z-D T-UW1 D-UW1 K-AY1-N D-AH1 V-AO1-L DH-IY1 Z-AH1 DH-ER0 TH-IH1-NG-Z


... because it makes the network much more marketable to people who would advertise with it.

B-IH0 K-AO1 Z-IH1 T-M-EY1-K-S DH-AH0 N-EH1 T-W-ER2 K-M-AH1 CH-M-AO1-R M-AA1-R K-AH0 T-AH0 B-AH0-L T-UW1 P-IY1 P-AH0-L HH-UW1 W-UH1 D-AE1-D V-ER0 T-AY2 Z-W-IH1 DH-IH1-T


so, hopefully, we'll see.

S-OW1 HH-OW1-P F-AH0 L-IY0 W-EH1-L S-IY1


and i didn't actually talk to anybody-

AH0-N D-AY1 D-IH1 D-AH0-N T-AE1-K CH-AH0 W-AH0 L-IY0 T-AO1-K T-UW1 EH1 N-IY0 B-AH0 D-IY0


... but david bailey. he was really the only person who i felt-

B-AH1-T D-EY1 V-IH0-D B-EY1 L-IY0 HH-IY1 W-AA1 Z-R-IH1 L-IY0 DH-AH0 OW1 N-L-IY0 P-ER1 S-AH0-N HH-UW1 AY1 F-EH1-L-T


... kind of grokked what i was trying to do with this and could also help us with the business development side that i had personally had my failings in.

K-AY1-N D-AH1-V G-R-OW1-K T-W-AH1 T-AY1 W-AA1-Z T-R-AY1 IH0-NG T-UW1 D-UW1 W-IH1-DH DH-IH1 S-AH0-N-D K-UH1 D-AO1-L S-OW0 HH-EH1-L P-AH1 S-W-IH1-DH DH-AH0 B-IH1 Z-N-AH0-S D-IH0 V-EH1 L-AH0 P-M-AH0-N-T S-AY1-D DH-AE1 T-AY1 HH-AE1-D P-ER1 S-AH0 N-AH0 L-IY0 HH-AE1 D-M-AY1 F-EY1 L-IH0-NG Z-IH0-N


so yeah. i'm... like i-


... said, i have high hopes for the network. i intended-

S-EH1 D-AY1 HH-AE1-V HH-AY1 HH-OW1-P-S F-AO1-R DH-AH0 N-EH1 T-W-ER2 K-AY1 IH0-N T-EH1-N D-AH0-D


short break to talk about jaxx. jaxx is your wallet. your comp-

SH-AO1-R-T B-R-EY1-K T-UW1 T-AO1 K-AH0 B-AW1-T JH-AE1-K-S JH-AE1-K S-IH1 Z-Y-AO1 R-W-AO1 L-AH0 T-Y-AO1-R K-AA1-M-P


... all your blockchain needs. i've been using it and i've been loving it. jaxx support-

AO1 L-Y-AO1-R B-L-AA1-K HH-EY2-N N-IY1-D Z-AY1-V B-IH1 N-Y-UW1 Z-IH0 NG-IH1 T-AH0-N D-AY1-V B-IH1 N-L-AH1 V-IH0 NG-IH1-T JH-AE1-K-S S-AH0 P-AO1-R-T


there's a lot of different crypto coins it supports bitcoin, ether, lightcoin, ethereum classic, zcash, augur rep-

DH-EH1-R Z-AH0 L-AA1 T-AH1-V D-IH1 F-ER0 AH0-N-T K-R-IH1-P T-OW0 K-OY1-N Z-IH1-T S-AH0 P-AO1-R-T-S B-IH1-T K-AH0 N-IY1 TH-ER0 L-AY1-T K-AW2 N-EH1 TH-R-IY0 AH0-M K-L-AE1 S-IH0-K-S K-AE1 SH-AO1 G-ER0 R-EH1-P


... and they're adding many more, keep responding to user's needs. now with jaxx, nice thing is that you've managed-

AH0-N-D TH-EH1 R-AE1 D-IH0-NG M-EH1 N-IY0 M-AO1-R K-IY1 P-R-IH0-S P-AA1-N D-IH0-NG T-UW1 Y-UW1 Z-ER0 Z-N-IY1-D Z-N-AW1 W-IH1-DH JH-AE1-K S-N-AY1-S TH-IH1 NG-IH1-Z DH-AE1 T-Y-UW1 V-M-AE1 N-AH0-JH-D