source: https://x.com/kurtwuckertjr/status/1738289446800252960?s=20

[RealCoinGeek][2312221959] Bitcoin & Blockchain Discussion Holiday Special 🎄🎅 (1PlJQDgRAjDGE) CC.txt

00:19:40 | DevelopingZack: I'll say the same. Thank you.
00:19:51 | DevelopingZack: Yeah, I didn't. I didn't have any affiliation here with Coin Geek until Alex said, hey, do you want to do this? And I was like, yeah, let's do it.
00:19:57 | DevelopingZack: And if it wasn't for everybody listening right now, we wouldn't have kept going. So really.
00:20:01 | DevelopingZack: Thank you to the audience, and that's kind of the most important thing.
00:20:05 | AlexJVidal: No doubt, no doubt.
00:20:09 | BLUVNBU: 3 knots.
00:20:15 | AlexJVidal: So I see we've already got some requests. What's up, Matt? Welcome to the stage. Be love. And be you, my brother from another mother.
00:20:15 | BLUVNBU: What's up?
00:20:17 | BLUVNBU: Hey, Zach.
00:20:20 | BLUVNBU: Yes.
00:20:21 | DevelopingZack: What's up? Do we know each other?
00:20:37 | AlexJVidal: Matt is a musician. Matt is an artist. Matt Welch, you check out his music. Matt has worked with the Crypto Vigilante team and they recently did a summit with Rafaela Verde and Jack Lew which is Zach participated in.
00:20:39 | AlexJVidal: Yep.
00:20:44 | DevelopingZack: Cool.
00:20:48 | BLUVNBU: Yeah, that's that's it. That's that's how I know you, Zach. That's when I first discovered your work and and I love your demeanor and and your attitude and your consistency and that was an awesome summit. I have one for the books.
00:20:49 | DevelopingZack: Thank you. Appreciate that.
00:21:13 | BLUVNBU: Oh yeah, yeah. Thanks for having me up on here guys. You know, it's a pretty cool year in review because it's it's just been a monumental year for blockchain as a whole and especially the Bitcoin community, you know, and we're not talking maximalist, you know, we're talking about Satoshi vision, why we're here, you know, we we want a real solution that works.
00:21:40 | BLUVNBU: And I appreciate that you guys are looking out for like the unfoldings week to week and like sharing the big news. That's like a really huge value. I was, I was like so hyped when you brought that up. I'm like OK because it's things are moving so fast in this space that it's hard to really, you know keep your thumb on on the pulse of these unfoldings And and it got me thinking like how I could add to that news.
00:21:40 | BLUVNBU: And.
00:21:46 | BLUVNBU: It's just that no news is sometimes good news, because ever since that summit.
00:21:51 | BLUVNBU: When I spoke for an hour, I've been pretty quiet.
00:21:52 | BLUVNBU: All around.
00:21:59 | BLUVNBU: And that hasn't at all changed my excitement and my direction.
00:22:10 | BLUVNBU: For the unfolding of Bitcoin's original design, that is this this opportunity that so much of the world is just now discovering.
00:22:11 | BLUVNBU: So.
00:22:36 | BLUVNBU: There's a lot of people like me, like I I'm an example of of how many hearts and minds are invested in this technology and and they just want the right solution to surface and they're contributing in their own unique way as artists and creators and just people just sharing their thoughts and their research. So that was the news that I could bring to the table.
00:22:47 | BLUVNBU: But yeah, I'm also curious what you guys have planned for this coming year, especially in regards to Coin Geek maybe personally and and the work that you're doing. I'd I'd love to hear some more about that.
00:22:56 | DevelopingZack: I think there's probably time and room for that at the end of the show.
00:23:08 | DevelopingZack: Because I I do want to start back in January if we can, because I this has been probably one of the most jam packed years in crypto since I've started.
00:23:29 | DevelopingZack: And you know, that's probably dating back to 2016. And if we just think back, Alex, indulge me here for a second. If you think back to January, what was popular for us like what we were doing, what we were thinking about was basically like pink Donuts and Relay Social. You remember that?
00:23:33 | AlexJVidal: Of course.
00:23:33 | AlexJVidal: Yeah.
00:23:45 | DevelopingZack: Right. So like Relay Social had just come out. The idea was essentially it's a social network that's entirely driven by NFTS.
00:24:04 | DevelopingZack: Where your profile is either the words that you've posted or the NFTS that you posted alongside them. And that was a really cool and novel idea. And later in the year that became a little less cool and a little less novel. But back then, if you remember like even even in the next couple months as ordinals popped off like we were still looking at.
00:24:18 | DevelopingZack: At Relay Club and as the Relay team moved to build org swap like, one of the things I was suggesting to them back then was like, as you're waiting for this thing to confirm, put Relay Club on the screen.
00:24:24 | DevelopingZack: So it just feels like it feels like longer than a year ago for me. I don't know.
00:24:26 | DevelopingZack: What about for you?
00:24:30 | AlexJVidal: What were you saying? As you're waiting for what thing to confirm, put relay X on the screen?
00:24:33 | AlexJVidal: Oh, OK.
00:24:38 | DevelopingZack: Yeah, let's not worry about like, what I was telling him to do. It didn't work out like, but does Relay Club feel like it was just January? Does it feel like eons ago?
00:24:43 | AlexJVidal: No, Yeah, that feels like forever ago. It's it's crazy. It really is wild how much has happened this year and.
00:24:49 | AlexJVidal: It's yeah, we've come a long way for sure.
00:24:57 | BLUVNBU: Was it? Has that Has that idea really been fully executed on and like adopted? Because I still see immense value?
00:24:59 | BLUVNBU: And.
00:25:03 | BLUVNBU: Yeah.
00:25:09 | BLUVNBU: Mm-hmm.
00:25:29 | DevelopingZack: I think we'll come back around to it frankly later later in the year after Friend Tech popped off. There's some other news that we'll like get through once we get to the June. But like you know these are are things that you might have been talking about for a whole year or two years. You know maybe if we were talking like 2020 or 2019 and these things were up and done you know in in months. Now the pace is incredible this year. So we were also like really focused back then on Palco as like surfa
00:25:35 | BLUVNBU: Yeah, Boo. Boost it. Hell, yeah, Yeah.
00:25:35 | DevelopingZack: Good information or like cut the signal through the noise right boost.
00:25:47 | DevelopingZack: And then in February, like I was kind of in my own world because my company launched 2 applications in beta, but then we also got like the first inscriptions on BTC.
00:25:47 | DevelopingZack: And.
00:25:49 | DevelopingZack: Like.
00:25:58 | DevelopingZack: I guess it was February, I wrote. If you think we're stopping at Jpegs, you're crazy.
00:26:20 | DevelopingZack: And that was the first time that I saw ordinals. And that also feels like it feels like longer than a year ago for sure, like in in feeling time space, but it also doesn't feel as long ago as Relay Club did, right? So there's like this dividing line of time where like ordinals didn't exist and ordinals did exist and for me like.
00:26:38 | DevelopingZack: The feeling of just maybe two weeks, you know, February when ordinals existed feels like, yeah, it was a while ago, it might have been more than a year, but like Relay Club before ordinals existed, feels like it was years ago. And I don't know if anybody else is going through that, like weird time dilation too, you guys feeling that?
00:26:41 | BLUVNBU: Yeah.
00:26:46 | GlucoseNot: Absolutely.
00:27:10 | DevelopingZack: All right. So by by March, we had ordinals launched on BSB, right? So we had this kind of 1 to one match, but like Alex said, it really didn't pop off in any meaningful way more than BTC did until much, much later in the year and.
00:27:41 | DevelopingZack: Bitcoin BTC started going like ape shit over partially signed Bitcoin transactions. So this wasn't something that was brand new but was relatively new. And this whole idea brought a lot of people into learning more about Bitcoin. So now we had ordinals on BTC and BTC had a way to put those ordinals up for sale. That was basically all Bitcoin script, and this was new.
00:27:44 | DevelopingZack: For many bitcoiners, but also I think it was awesome.
00:28:06 | DevelopingZack: Because it brought a lot of people who weren't in Bitcoin before who may be in Aetherium or Solana Polygon or whatever the other chain might have been and brought them to the Bitcoin chain. And obviously, you know, I think it would have been better suited for what they wanted to do to be on the BSV flavor of Bitcoin. But I like it when people get brought into Bitcoin generally.
00:28:13 | DevelopingZack: In March, I put on. That's like basically impossible to beat on an ordinal on BSV.
00:28:18 | DevelopingZack: So you can play it. It's almost impossible to beat the pawn.
00:28:27 | DevelopingZack: AII guess the opponent, but there is. By March there was HTML loading in a in a web browser.
00:28:39 | DevelopingZack: So Bitcoin, in this case BSV. But Bitcoin had become a source for the Internet as we think of it, and I started down a whole different path.
00:28:42 | DevelopingZack: That we expanded on throughout the year.
00:28:54 | DevelopingZack: I also put up a meme generation, a meme generator. But it wasn't all good news. In March, Bittrex delisted BSV ahead of shutting down global operations, or rather US operations.
00:29:03 | DevelopingZack: They delisted BSV specifically and that was like a bad month that we were all kind of like sad about, but at the same time.
00:29:23 | DevelopingZack: ChatGPT launched plugins, and so people were able to start doing more things with GPT on Bitcoin. And that just opened up a whole new can of worms, which I don't. I don't think we're even, like close to fully exploring even, you know, eight months later.
00:29:29 | DevelopingZack: Also in March, BSV got its first really global order book, so.
00:29:56 | DevelopingZack: We had seen something kind of close to this on Relay with Run where you could use an order lock that can be found, you know anywhere from anywhere if you were just looking at the chain. But there was really only one place where Ron worked and that was on Relay. And so this same concept started to apply to ordinals on BSV where instead of using partially signed Bitcoin transactions and leaving them in some platforms database.
00:30:03 | DevelopingZack: We wrapped ordinals in a script that allows anybody on the network to find that script right and say hey.
00:30:30 | DevelopingZack: If whoever finds this, if you pay a certain amount of Bitcoin BSV to this specific address that's pre programmed into the script, then we will release this ordinal to you. So we didn't we we kind of broke free from the idea of these walled gardens that had been built up on the BTC version of Bitcoin around ordinals and prove that this could be done in a different way.
00:30:36 | DevelopingZack: April was a really cool month for me personally. I got to go out West and visit Phoenix.
00:30:55 | DevelopingZack: And hang with T38 and Dan and Joe, we shot some big guns in the desert. That was really cool. We spent a whole weekend, you know, basically talking about Bitcoin being bitcoiners with some Bitcoin Bros, and that was just an awesome memory.
00:31:09 | DevelopingZack: AI started to make some really real looking things and I think the big marker from April for the BSV community was that handcuffs finally joined the ordinals ecosystem.
00:31:39 | DevelopingZack: And so prior to this, handcuffs really didn't play well with the type of NFTS that most people were actually making at the time. You had to go through Asset layer, which is a great product actually. They just put out a game that we should probably cover in the December portion of this that I encourage everybody to go try, but you had to jump through some hoops. And so finally, handcuffs started playing well with the types of NFTS that the community was using the most in this case.
00:31:46 | DevelopingZack: That was ordinals, and so I think that was a pretty good development. A pretty awesome development too.
00:32:04 | DevelopingZack: Let's see. By May, BRC 20s had launched on BTC ordinals, and so people had then figured out how to go from just jpegs to something more than just jpegs, In this case, Jason Unchained.
00:32:25 | DevelopingZack: To represent tokens and that kind of the reason that I mentioned earlier in the year that I had tweeted that if you think we're stopping a JPG drill is because you know within 60 days there was more than just Jpegs that had become meaningful, people were launching these these fungible tokens as well.
00:32:29 | DevelopingZack: I launched.
00:32:35 | DevelopingZack: A rare dropper which is a website. A different way to start minting NFTS on BSV.
00:32:46 | DevelopingZack: That was free and fair. Well, maybe not free and fair in the same way, but using the Sigma protocol to sign collections which.
00:33:15 | DevelopingZack: It is a pretty incredible technological advancement if you're a developer understanding how a Sigma is an improvement on AIP so that now BSV has a signature schema that can defend against replay attacks. So you know, there's some technical nuance there, but we launched one of the first collections that followed the spec and we're able to mint that from our custom website that could be set up anywhere and and the orders.
00:33:19 | DevelopingZack: You know, could be moved to any wallet and orders and orders could be placed from anywhere.
00:33:43 | DevelopingZack: And may also we saw Google get into the AI game, which, you know, that's probably outside the BSV and Bitcoin arena. But it was I think a pretty interesting advancement given how it pushed GPT or Open AI to make some changes later in the year that we're all seeing play out right now.
00:33:54 | DevelopingZack: We also started minting once at BSV 20s, so we saw BRC 20s bent and launched and launched on BTC and by the end of the month we were also doing the same type of thing on BSV.
00:34:08 | DevelopingZack: In June we really saw that BTC started to focus on how to put more data on chain and.
00:34:24 | DevelopingZack: I think S script started to rise as you know, the cream of the crop for how people should be considering what can go on chain. And in June we saw at least two.
00:34:53 | DevelopingZack: Tools or products or libraries that could be used to try to store arbitrary data on BTC in a similar way. And both of the creators of both of those libraries were shocked to find out how far as script had come and what was possible on BSV given that all the work they had just put into BTC amounted to like maybe being able to check if all of the values in a number were zero.
00:35:05 | DevelopingZack: Like something really, really arbitrary and small. And so I think Chawei and Ascribe really started to get some of the notoriety that they deserved in that month, which.
00:35:23 | DevelopingZack: Has hasn't really stopped honestly since the middle of the year. I think we've seen a lot of really cool things come out of that that dev can't and looking at how the tools have affected the rest of the things in this list I I I'm pretty confident saying that might have been a changing point for BSV.
00:35:36 | DevelopingZack: Because for one of the first times, it brought independent teams who were working on stuff separate from one another together towards a common goal, which was marrying S script and ordinals together.
00:35:45 | DevelopingZack: In July, the United States basically announces that aliens are real. We have that, you know, huge.
00:35:57 | DevelopingZack: Congressional hearing where the dude tells us that aliens are real and there's two very serious people on both side of a gentleman who's saying things that are maybe far less serious. Who knows?
00:36:05 | DevelopingZack: But you know, it's only been about six months since we found out that aliens are real, so I get it if you're not on board yet.
00:36:29 | DevelopingZack: I've been a believer for a while. You can talk to me about that later, ask me about the aliens. But also in July, I think the even bigger news than aliens was bitmap. Bitmap got launched and immediately some people who saw the potential value in the text, the immutable text on Bitcoin BTC, saw that there could be more value than just words written. So there was a flurry of things that came out around this time.
00:36:39 | DevelopingZack: We saw dot SAT's names. Alex still wears Alex. dot SAT's his moniker. We saw things like dot Lambo and dot Big Club.
00:36:42 | AlexJVidal: It's on sale for 2.22 BTC if anybody out there wants it.
00:36:46 | AlexJVidal: All right. Sorry. Yeah.
00:37:01 | DevelopingZack: It's a steal. It's OK. It's a steal. So there's a lot of these things start to come out where people recognize that the text that they were writing to, Bitcoin, in this case, BTC Bitcoin, but the text they were writing to Bitcoin could be more valuable than the actual text that was written itself.
00:37:09 | DevelopingZack: And for me, Bitmap was something that kind of changed the way that I thought about BTC, but also the way that I thought about Bitcoin.
00:37:31 | DevelopingZack: In that I had seen a number of projects try to take on this idea of the Metaverse in the past, right? I think you guys know I came from the Ethereum world in 2016. Seventeen. There's a lot of hype around these things back then, but one of the biggest problems with any of those projects was being able, I don't even want to say, being able to integrate.
00:38:01 | DevelopingZack: Being able to be seen alongside other projects in the same realm so that people could like look at them kind of side by side and discover new things that might be interesting to them. So when I saw that bitmap sort of innately said to people that here's a numbering system. And based on this numbering system you may be able to find Metaverse experiences or ARVR experiences that are like one another where if you like the one at 1 address, you might actually like the one next door or.
00:38:19 | DevelopingZack: You know, bump one up that these number dot bitmap text inscriptions hold a lot more excitement inside of the text than would be represented by the. You know, however many characters, I mean 24 Max characters that could be written there.
00:38:34 | DevelopingZack: And I think right around that same time we saw that the number of ordinals on BSV actually flipped the number of ordinals that had been created on BTC. So that was July and I made a quick video from the The Citadel.
00:39:04 | DevelopingZack: You know, all excited about this, but that trend didn't stop and the bitmap trend didn't stop. I think also the Champions TCG game minted on BSV in that month as well, their first month. So we saw ordinals get in additional real world use where the card is used in the game. And I really like that principle too, right? I'm a I'm a fan of the game. I'm not really a big player of Magic or Pokémon like, for real, but.
00:39:05 | DevelopingZack: I've spent a lot of hours playing.
00:39:17 | DevelopingZack: Champions. I really like the principle and I like the strategy in it, frankly. So you know, it got me from ordinals and NFTS and it kept me because it was a good game.
00:39:27 | DevelopingZack: But moving into August, I wrote a post and as we get to talk about the year and review, I'll share some of these posts. Again, I wasn't prepared to do this for my phone right away.
00:39:38 | DevelopingZack: But in August, I came to realize that Segway was potentially A chosen A Trojan horse to cripple Bitcoin. So as ordinals grew and the adoption grew and the excitement grew.
00:39:51 | DevelopingZack: That growth kind of started to show some of the cracks in the BTC flavor of Bitcoin. So I started to rethink some of the things that we had, you know, thought previously.
00:39:56 | DevelopingZack: And consider maybe a little bit more malicious intent at that moment.
00:40:11 | DevelopingZack: But in August, I think what was more important to Bitcoin is that BSV created the idea of locking as a signal. So we talked about Powell being all the rage in January, but you know, within seven months we had a different version of this.
00:40:14 | DevelopingZack: Filter the the noise.
00:40:36 | DevelopingZack: Filter through the noise mechanism where you didn't have to burn your Bitcoin in order to make this vote. You could lock your Bitcoin and basically say I'm making a commitment to the network in order to send this signal. And that was also really, really interesting to me. Incredibly innovative and I think might have been one of the turning points of the year.
00:40:45 | DevelopingZack: In August, BSV hit 128,000,000 transactions in a day and in other words, you know, argument or articulation about whether those were real or test or whether that matters.
00:40:52 | DevelopingZack: But the point is that it handled 128,000,000 transactions in a day and that was a network benchmark.
00:41:13 | DevelopingZack: It didn't. The network didn't fall over. A bunch of services didn't even go offline because they were prepared for the test. Because it was a test. But what we proved was that BSV can handle far more transactions than any other flavor of Bitcoin, and probably more in a day than most of us I thought was capable at that moment.
00:41:17 | DevelopingZack: In August also, the Lightning Network was kind of formally and officially declared dead.
00:41:30 | DevelopingZack: Like I said, ordinals kind of clogged the Memphis so much that people realized it couldn't close networks, rather couldn't close channels anymore, and that money was getting locked and lightning that they didn't intend.
00:41:46 | DevelopingZack: On the less exciting side for the BSV camp, Friend Tech launched and there was a lot of negativity around that launch because like I mentioned in early January, we were on this whole Bitcoin is social Bitcoin social idea before Friend Tech came out.
00:41:58 | DevelopingZack: And I I frame it that way because even the day that Fronttech launched, we were on spaces with people like Jack and you know, I was a little more.
00:42:12 | DevelopingZack: A little less excited about it maybe than everybody else, because it really did look to me like the launch was funded by Coinbase. And as it turns out, it was funded by Coinbase in order to promote their Layer 2.
00:42:27 | DevelopingZack: And we really just kind of saw that, you know, since between August and now, who the hell is still talking about fun tech, right? So there's some things that started in February and everybody's talking more about them, but this one started much later in the year, and I don't really even hear people bring it up anymore.
00:42:48 | DevelopingZack: In September, I got the opportunity to go to Wisconsin and for the first time I got to speak in front of a special session of their congressional subcommittee. But also, I think it was the end of September, end of August, beginning of September that Hotel Locker launched. So Locks is a concept.
00:43:14 | DevelopingZack: Launched in August, but by September, Bitcoin BSV had already built a network thanks to the the hard work of 0, which was really just one person building a social network that could be viewed and ranked by how much Bitcoin was locked to the network and filtered by how long this Bitcoin was locked to the network.
00:43:17 | DevelopingZack: And and so for me, you know, when that launched, I was actually in Wyoming.
00:43:30 | DevelopingZack: Use it as much as I liked, but by the time I got back I was a long term locker high on the leaderboard and I recognized that locking was probably something that was going to be here to stay.
00:43:43 | DevelopingZack: Hotel Locker had already spurred a couple of other ideas just from people who had put their idea on Hotel Locker and and locked it. And to me that is like so Bitcoin that it's perfect.
00:43:49 | DevelopingZack: Within the first month of it being launched, so by October, Total Locker had locked over 5000 coins.
00:43:55 | DevelopingZack: Which meant bitcoiners were saying with 5000 coins, it's like a quarter million dollars.
00:44:03 | DevelopingZack: I'm making this commitment to the network, to the people on this network and to the content that's being posted to the network.
00:44:38 | DevelopingZack: We started seeing lots of Satoshi tweets again, right? So there's some ramping up of this. Satoshi's voice Panda wallet launched, which was the first really I think open source, fully non custodial wallet that we've seen on Bitcoin BSV. And it worked as a browser plugin that anybody could use on their own whenever they wanted. And that also started to change and shape how we thought about Bitcoin to be used within the community. I think for the first time there was a wallet that allowed you to i
00:44:49 | DevelopingZack: So that you could just totally custodially manage those things on your own without those third party services like relay like Ayn?
00:44:59 | DevelopingZack: Aim right like once at ordinals and panda became sort of that hub for managing the accounts you had created in in all of those places.
00:45:08 | DevelopingZack: And because of that, I think we saw sort of an explosion of people who were building on the same base tools that enabled Panda Wallet to exist.
00:45:12 | DevelopingZack: Which we know of now is jungle bus and group.
00:45:29 | DevelopingZack: Through the hard work of of Kurt, Dave and Luke, who gave and Kurt have both been guests on the show. Luke will be at some point in the future, but he's always working on something that's incredibly important and you know, frankly we give him a pass on that.
00:45:43 | DevelopingZack: By November, some of the old school long time BTC fans were starting to recognize that high fees are bad. That includes Peter McCormick, who a bunch of us responded to and.
00:46:14 | DevelopingZack: By November, this was about 60 days after locking really took off. I started locking or writing about lock economics. I also wrote a slash mentor so that anybody from the network could post text from anywhere on the network and lock from anywhere on the network and something would get minted. So you didn't need to use a single service like Panda Wallet or hold a locker in order to engage with Bitcoin. You can see why I'm saying that these things, these ideas, allow us to more deeply engage direc
00:46:26 | DevelopingZack: That's up right now, and actually serves as a foundation for how people can build indexes on their own for the types of things they might want to see. Gorilla Pool or Jungle Best index.
00:46:30 | DevelopingZack: Aren't indexed today by those services.
00:46:54 | DevelopingZack: Alex and I had a personal highlight probably of our career. We got the opportunity to interview George Gilder for you know close to three hours with him, technological hurdles to get through in the beginning, you know, dealing with somebody who hadn't been on spaces before. But the interview was great. I took a lot of way and you know it was, it was great to hear him remind us that.
00:47:07 | DevelopingZack: Innovation and information is surprise, and so you can't really plan for surprise, but you can plan to be surprised by seeking out what that surprise is and focusing on it.
00:47:36 | DevelopingZack: Personally, I got to, I got to visit my mom for Thanksgiving. So you know, it was a highlight for me. I don't get to see her as often as I would like. So that was nice. Alex started by saying, you know this show by saying that he's going to go see his family this this week. So I'm a little bit jealous of him for that. But by the end of November, we saw that these partially signed Bitcoin transactions were getting sniped out of the men pool on BTC. So people have figured out, you know, how to bas
00:48:03 | DevelopingZack: On a listing. And so they would started waiting for people to try to buy a listing from a from a marketplace, read that listing out of the men pool, submit a transaction with a higher fee and get the listing that somebody else tried to buy. And that caused a whole slew of problems but also started to expose, you know some of the reasons why the global order book was better as a as a design choice than a partially signed Bitcoin transactions.
00:48:14 | DevelopingZack: S Script launched a couple of new standard contract types for working with onesat ordinals in November in November. I don't think we quite quite understand the implication here, but.
00:48:42 | DevelopingZack: Actually one of them came later, but we saw like options and partial fill transactions. I know we started talking about things that could come from those base contract types. But like I said earlier in the year, we saw once that ordinals and S script kind of find a perfect marriage. November was one of the first products of their their marriage in terms of like new babies and.
00:48:49 | DevelopingZack: Crypto kind of got shook by what may or may not happen to finance as CZ got arrested in November.
00:49:07 | DevelopingZack: By December, I think everything that takes the cake was really on on BSVI. Don't think there was any competition here. So by December we had locked him in. So the first one of those was a lock to Mint with a new fundable token protocol called Huddle.
00:49:11 | DevelopingZack: That built on top of Josh's shoe wallet.
00:49:22 | DevelopingZack: By somebody who's basically an Anon, who's a great developer, who I've spoken to in back channels now but I didn't know to begin with and put together a mint that released some fungible tokens if you locked.
00:49:51 | DevelopingZack: Some bit of Bitcoin for a certain period of time within a day. We had a numbered ordered scheme, a lot like Bitmap, but we call it OG that does the same thing. And the lock parameters were a little bit different, right? So we were building on each other's shoulders here. The lock parameters for that make you lock a little bit of Bitcoin for an entire epic of Bitcoin. And if you're not sure what an epic is, that's probably something to go look up. But it's one of the longest time frames and on th
00:50:12 | DevelopingZack: And then a day or two, I think it was a day after that we saw the Lock to Mint contract, which is a lot like the Hotel Mint, the LRC 20, except it's managed by a smart contract built by a script and Dave case where the smart contract works to distribute coins.
00:50:24 | DevelopingZack: As an individual locks up their Bitcoin so in in the first version it was much more like BRC 20 where like at the end of the mint some people may be fighting for that last valid spot.
00:50:56 | DevelopingZack: And may over mint a little bit. Now, in the case of lock to mint, it's all good because you're going to get your lock back after a year or however long the lock time is on BTC. You spent that network transaction fee. So if you didn't get in in time, you kind of burned your Bitcoin. But with the contract, that stuff doesn't happen. And so now, even within two weeks of that launch, we're seeing new flavors of this contract be built right now as we speak, that either won't make people lock, so it'l
00:51:01 | DevelopingZack: Or will only issue a certain amount of token per spend? There's a few variations coming out on this.
00:51:15 | DevelopingZack: That have been spurred in the last 10 days. Even in December, BSV ordinals reached 1 billion. So it's like 200 times more ordinals than were minted on BTC all year. We're now minted on BSV.
00:51:39 | DevelopingZack: Script made a lock to mint contract that locks BTC in order to mint on BSV. So we have cross chain locking mint now and to wrap this all up somebody went and minted AB SV20 that wants to put 210 billion individual satoshi's on their own outputs and broke a whole bunch of the indexers.
00:51:49 | DevelopingZack: And services that were built on top of BSB, which put people into scramble mode and made us upgrade our technology probably by 2 1/2 years in 10 days.
00:52:19 | DevelopingZack: And so the reason I wanted to end on that note is because just before we jumped on this call the infrastructure, I was on a call with the one side ordinals team and saw that the new infrastructure is stood up and running. And so I can say confidently that we have taken that leap now and so whatever orange juice breakfast club gets thrown at BSV again in the future, these standard applications are just going to keep chugging along with the same way that BSB Bitcoin has.
00:52:34 | DevelopingZack: Behind the scenes, tick tock next block. So I tried to pack that in as fast as I could. That was 2023 from the point of view of Zach Wins and 30 to 40 Minutes.
00:52:35 | DevelopingZack: Let's fucking go.
00:52:37 | GlucoseNot: That was amazing.
00:52:45 | DevelopingZack: Once a year. I'm allowed it once a year.
00:52:46 | AlexJVidal: Let's freaking go, alright? We can say fucking on the show. Let's fucking go. OK, Not too much. Not too much. I'm sorry. Let's not get carried away. Let's freaking go. That was amazing.
00:52:53 | DevelopingZack: For sure.
00:53:08 | AlexJVidal: We all get excited every now and then. Zach, if you can DM me that list in the back channel so that I can gather my questions. But thank you so much for that recap. That was perfect. I know that we've got Matt and our buddy Ketones, not glucose on stage. You probably want to respond a little bit and chime in. I'm going to go ahead and start accepting anybody else to the stage.
00:53:16 | AlexJVidal: Who wants to respond? What were your favorite highlights of those that Zach went over so far?
00:53:26 | GlucoseNot: That that was an incredible year in review. Thanks Zach. But what about in terms of where you see it going over the next six months? I mean where, where do you see it going?
00:53:50 | DevelopingZack: You know, I think that's a great question, and I've been terrible at spotting that spontaneity, right? So while I saw Bitmap, because it made sense to me, I didn't see the fungible token already because it didn't make sense to me. And I actually probably wrote on Twitter like, who's going to spend 20 bucks, 10 bucks to send this?
00:54:02 | DevelopingZack: But where I see this going that I can confidently say is there is now a pattern and a trend that Bitcoin is absorbing talent from other places.
00:54:36 | DevelopingZack: And other chains. And with that talent comes momentum. So I think if we look at the idea and the concept of Bitcoin as being maybe bigger than BSV right now, just for the umbrella of people being attracted to the idea that these things can be done on Bitcoin. That the one trend I'll confidently say about 2024 is that more people who didn't care about Bitcoin last year will care about Bitcoin in the coming year then we saw happen in 2023.
00:54:52 | DevelopingZack: And that was a huge growth. So I'm really bullish on how many people care. And that leads to other metrics, right, like the Google search thing that people care about or I can't say the number of transactions because these blocks are packed.
00:55:06 | DevelopingZack: But it leads to the Halo effect of these other types of things that get ordinary people thinking about Bitcoin again in their ordinary lives, the way that, you know, maybe a monkey picture or an Ordi or bitmap doesn't.
00:55:15 | DevelopingZack: Just because their friends are talking about these things, right? So that Halo effect effects all of us, and I don't think that's stopping in 2024.
00:55:21 | GlucoseNot: Especially with Terranode, right? Like that's just going to, I mean it's going to be bonkers.
00:55:51 | DevelopingZack: I don't even know what to say about that, man. I'm unfortunately not Privy to any of the testing that's gone on with Terry nodes. Like I wish I could say that was a 2024 thing confidently. And you know, that's one of the reasons why I don't want to make predictions. The the level of spontaneous formation of this last year has showed me that anything I'm going to predict about next year is probably going to be wrong and whatever the biggest best things are about next year are not something I'm go
00:55:59 | GlucoseNot: The sky is the limit.
00:56:09 | AlexJVidal: Yo, Zach, when you pointed out the one of the highlights of our careers being interviewing George Gilder, like, yeah, that's true. But I thought you were going to say Org post. To be honest, no mention of Org Post.
00:56:25 | DevelopingZack: Actually it's funny Alex, because because I couldn't fit everything in and then I didn't know what I missed. So like that was a good call out. But this is one of those things where like Bitcoin changes so fast. We put Ord post up and within three weeks total locker was up.
00:56:28 | AlexJVidal: Yeah, for sure.
00:56:45 | DevelopingZack: Right. So, like, Bitcoin changed so fast that it basically just like made what we were doing less sexy. And people, Bitcoin stayed on the thing that was more sexy. It had this locking mechanism that people loved more than potentially being able to sell whatever they posted.
00:57:17 | T_C_the_creator: Well, I like that you mentioned at least to an extent something about AI because it's hard to even predict where things are going to go with AI also changing in a parallel fashion or or coinciding. So I mean Bitcoin technology is going to coincide with AI technology. It already has to an extent And so it's only going to continue and grow from there. So when you talk about the even six months out after seeing this past year.
00:57:45 | T_C_the_creator: And even the past three years, six months, it's almost like we did get kind of our time back in some ways like your dilation of time, like the older you get, the the shorter a year seems by relative experience. But because the world has been changing so fast and because there's so many new experiences and opportunities, time slows down again because you have to, you have to focus and you have to learn if you want to participate. And I I feel like even six months out.
00:57:52 | T_C_the_creator: I'm sure people can make general assumptions about what's going to go up and what's going to go down, but in terms of new technologies or new apps?
00:57:54 | T_C_the_creator: I bet we'll be surprised.
00:57:59 | DevelopingZack: I hope that we are surprised.
00:58:04 | BLUVNBU: Well, didn't you guys still leave the world behind? It's gonna be a cyber attack, apparently.
00:58:07 | BLUVNBU: That might affect crypto.
00:58:13 | DevelopingZack: Crypto dead. Call it now. RIP 2023.
00:58:35 | BLUVNBU: Uh, yeah, I All jokes aside, I California. What I can add from a technical analysis standpoint, 'cause I I love the charts. Study the charts. Umm, so far crypto's looking really strong. I think everyone's saying it now, but I've I felt that the SEC spot Bitcoin ETF news come January 10. Ish around there.
00:58:49 | BLUVNBU: I think it's gonna be more of a buy the rumor, sell the news event, Galaxy Digital projected. Not a whole lot of market cap flowing in from these ETFs even if they got approved. So whether it's approved or not approved.
00:58:51 | BLUVNBU: I am anticipating somewhat of.
00:58:57 | BLUVNBU: A more sizable correction in the markets and then I see that as a good place to really.
00:59:21 | BLUVNBU: You know, invest in in the the projects and the networks that you believe in, take a position, write it up and then see what happens. But there's a lot of potential scenarios next year and not just the presidential election in the US, but we've got the having in April for BTC and then BSV having I believe is the following month in May.
00:59:21 | BLUVNBU: And.
00:59:47 | BLUVNBU: We've also got the Fed doing likely going to pivot. So this might mean the end of raising interest rates thank God. But typically historically I have this chart of of all the the Fed pivots. Shortly after the Fed pivots there is a nasty market crash but overall I'm I'm anticipating like a really.
00:59:50 | BLUVNBU: A really bullish and optimistic.
00:59:53 | BLUVNBU: 2024 A lot of change. A lot of.
01:00:03 | BLUVNBU: You know people are going to need to pivot and adapt and they're going to be looking within and and seeing what's actually working because what worked before?
01:00:07 | BLUVNBU: Doesn't seem to be working as well as it did.
01:00:10 | BLUVNBU: And these exponential.
01:00:21 | BLUVNBU: Air age, Aquarian technologies that I call them, it's just changing the world really fast. So I I think more people are going to see that and start turning to to networks like like like Bitcoin SV.
01:00:30 | BLUVNBU: And you know, I'm optimistic, all Black Swan events aside, I'm, I'm pretty optimistic for next year.
01:00:44 | BLUVNBU: And right now it's it's just so fascinating to me that it's like, it's not easy to get BSVI, you know, like if if I could get my future, it's not like.
01:00:45 | BLUVNBU: Yeah.
01:00:47 | DevelopingZack: It's not right. Like that's why I mentioned Exodus shutting down. That was like the bastion we all had in the United States.
01:01:17 | BLUVNBU: Yeah man, but you know what Zack? That makes me bullish on BSV because what? Why would it be so hard to get if it wasn't so highly coveted? You know? So I I I think my belief is that there's a divine plan behind blockchain of course, but especially Bitcoin. Despite being the 1st, it's still proven to be the best and has the largest infrastructure network effect. I I don't see any competing cryptocurrency, surely not Ethereum.
01:01:21 | BLUVNBU: Or any proof of stake blockchain that's that's going to be able to compete with Bitcoin?
01:01:43 | BLUVNBU: In terms of of that infrastructure and also the potential and the touring complete computing power of it, like we've only just scratched the surface that this last year, your whole recap which was like so helpful for me just to I loved every second of it. It just shows how fast this is moving now that people are waking up to the tech.
01:01:48 | BLUVNBU: I believe there's a divine plan and and BTC is that shiny object that.
01:01:56 | BLUVNBU: Be it the masters of this realm, or they're they're blowing it up on purpose so that the world can take notice and start looking into this thing called Bitcoin.
01:02:28 | BLUVNBU: And I hope that they are and if they go far enough and they challenge their mind enough and they open their mind enough, this is where they're gonna land they're gonna land on on these Twitter spaces brought to you by Coin Geek and you guys awesome co-host. You know staying steady and building the community. So yeah I'm I'm so optimistic but I what what I could say is that I I am starting to accumulate Bitcoin SV just as.
01:02:29 | BLUVNBU: A. An investor, a believer in the tech.
01:03:00 | BLUVNBU: Umm, but my future projection is that these application interfaces are going to start creating these order apps where artists and creators can can enter this new Bitcoin economy and they can just start sharing their we call it content, but really it's your art, it's your heart and and they're gonna start sharing it on these platforms and actually get rewarded for it without middleman, without high fees as seen on ETH and BTC. And that's I that's how I think people are going to start accumulating
01:03:09 | BLUVNBU: They're Satoshis, you know, and and and sharing them, you know and investing in the other artists and creators that they believe in.
01:03:19 | BLUVNBU: But for right now I I do think it's it's pretty smart, you know not to back up the truck but to just to just like try to accumulate BSV like because it's not easy.
01:03:25 | BLUVNBU: So if if the world was ever to catch on and some big players.
01:03:31 | BLUVNBU: Started publicly talking about this as it's starting to happen. You're at least going to have some bags because.
01:03:46 | BLUVNBU: If it's a mad rush to get it and it's not easy to get, good luck. Uh, not financial advice, but that's that's personally what I'm doing and that's my projection. Umm, just to tie in with with uh, the recap of of this year. I, you know, I think that's valuable.
01:03:54 | DevelopingZack: Thank you for that Alex. I I just sent you the link to my list.
01:04:06 | kurtwuckertjr: Yellow.
01:04:10 | AlexJVidal: Awesome. Thanks Zach. And thanks, Matt. Yeah, I see we got a few people on stage. Crypto Voyager 7000. Shout out to Kurt Walker, junior chief Bitcoin historian in the House. Fundamental fundamental analysis is more important than technical analysis. Am I right, Kurt?
01:04:20 | kurtwuckertjr: That has always been my the the thing that I posit, but I have been wrong before.
01:04:40 | kurtwuckertjr: So especially, you know, talking about fundamentals, man. Actually something that I've said for many years is that at the end of every bull market, the person who made the most money was your dumbest friend. And it's because like every once in a while, man, there's just that rocket and it's like, I don't know, man, I put 500 bucks.
01:04:59 | kurtwuckertjr: Here's a Here's a great example. If you put 500 bucks into Shiba Inu at at launch, I think that 500 bucks could have been some, just some ungodly number of money at the top, like 10s of millions of dollars off of a $500 investment. So.
01:05:09 | kurtwuckertjr: I think in the long run, fundamentals do actually matter. But I mean, you couldn't have charted Sheba either, So you know that kind of thing.
01:05:21 | AlexJVidal: Yeah, exactly. Like, tell that to the guy who. So for those of you who know, I have a Shiba Inu dog and I take very much pride in owning the the dog that this meme coin freaking.
01:05:38 | AlexJVidal: Bonanza has spurred. But like you know what I don't appreciate is every now and then this happened more than once. It happened again recently. I'm walking my dog and some guy stops me. He's like, is that a shibuya Boo? They can't even pronounce it. Shishu Yidu. And I'm like, yeah, it's a shibuyu. She knew. She I can't say it now either. She.
01:05:39 | kurtwuckertjr: Here we go.
01:05:40 | T_C_the_creator: Shishu Deku.
01:05:43 | AlexJVidal: Shiva, you knew is I lost a lot of.
01:05:43 | kurtwuckertjr: Shish Kabob, emu.
01:05:44 | AlexJVidal: And they say.
01:05:55 | AlexJVidal: You know, I lost a lot of money off it on that dog. I go. What are you talking about? He's such a good boy. You should have done your research, bro. You had nothing to do with it. So yeah, like.
01:06:07 | AlexJVidal: I you know, I, I probably should have bought Shiba Inu and Dogecoin when it came out. Being as I, you know, I I've always been into the memes and and the culture. But like, you know, again, fundamental analysis, right, Kurt.
01:06:16 | kurtwuckertjr: Absolutely. I I mean, so I don't talk about it a lot, but I I still trade like I've I've traded.
01:06:51 | kurtwuckertjr: Basically well I traded full time from like 2016 into 20/20/18 and but I still I mean I swing trade I think it's pretty silly not to trade like you know I I was including stocks and and other things too so I I made a good chunk of money on like enphase the the solar company and and stuff like Tesla and then you know I I I trade some crypto stuff too. So I mean by all means get get decent at technical analysis and when these bull markets start to heat up which it does kind of look like.
01:07:06 | kurtwuckertjr: The bulls are are coming back here like honestly you can start throwing darts at altcoins and you know make a few, you know 50X gains kind of by accident. Now obviously that's extremely risky also, but.
01:07:21 | kurtwuckertjr: You know I I don't know I've I've I've always thought it was silly not to not to have a little bit going on in your portfolio but I mean I've I've had like a shoot I probably got my first E*Trade account 15 years ago or something so I mean I've I've always been kind of.
01:07:24 | kurtwuckertjr: Pro like swing trade and or you know.
01:07:43 | kurtwuckertjr: Your term like buy something, hold it for 12 or 18 months even and then you know when it pops off like get rid of that thing, take, take your take your gain, walk away. So, so yeah, I I missed the beginning of the call. I don't know if you guys have been like crapping on on technical analysts or something for the whole call.
01:07:49 | kurtwuckertjr: Nice.
01:07:54 | DevelopingZack: No, no, no, no, no. I gave like a 40 minute year in review. I tried to make it as fast as possible and then our first guest, you know started talking price action, so.
01:08:16 | BLUVNBU: I.
01:08:22 | kurtwuckertjr: You know what, Honestly, it's like that. That's what a lot of people show up for, frankly, everybody I know that that got into Bitcoin. Other than maybe shoot two or three of the old guys that I got involved with, like they show up in the bull markets, man, 'cause they're like, hey, you know, is it is there money for me to make here? And and you know, as someone who's hosted meet ups for, I don't even know, 6-7 years now, maybe even more. Gosh, and.
01:08:53 | kurtwuckertjr: But that's that's the people that show up. But a lot of those people, you know, the the 10 or 20% of people that show up because they want to make money and stick around because they're like wow, this is really fascinating technology. I mean those those people, they they become lifers when they get it. If you, if you explain it to them just right, all of a sudden you've got, you know allies and business partners and all kinds of things. So you know, the price, you know, for some reason became ta
01:08:54 | kurtwuckertjr: It's. It's definitely part of the equation.
01:09:01 | T_C_the_creator: Yeah, really good, stable coin.
01:09:05 | DevelopingZack: Because praise doesn't go up. That's why it's taboo, right? Like, if we're being honest, BTC is not like 200%.
01:09:16 | kurtwuckertjr: Well, yeah. Yeah. You know, I don't. I don't, I don't. I don't talk about. Right. I don't. I don't talk about all my losses in the universe. Like I'm I'm a competitive athlete or you know, occasionally I'm a competitive athlete. And you know, when I show up and lose in the first round, I don't exactly brag about it either.
01:09:17 | kurtwuckertjr: So.
01:09:23 | DevelopingZack: Yeah. I mean, I have that at the top of the at the top of the list, right? Like just your review pricing.
01:09:31 | DevelopingZack: BTC is up close to 200% and BSV is up like 12% but.
01:09:43 | DevelopingZack: While that's probably not great for BSV enthusiasts, you know, Fiat related value bag. That's why I harped on the idea that like ordinals brought so many people into Bitcoin.
01:09:52 | DevelopingZack: Right. Bitcoin absorbed value from other places. And what we see is that when people want to bring their value onto Bitcoin, BTC is not a place that can handle all of that.
01:09:57 | kurtwuckertjr: Absolutely, man.
01:10:06 | DevelopingZack: So I'm. I'm less disappointed by that fact. You know, by the price today, then maybe the chart should suggest that I that I should be or the chart would suggest that I should be.
01:10:39 | kurtwuckertjr: I I think you know, plain and simple man, Bitcoin. Bitcoin's a popularity contest and BSV is is A not popular and B difficult to get. Like even if you go convince you know your friends here, like let's say you host a meet up and 50 people show up and and you convince them all that BSV is awesome, like where the hell are they gonna go and buy it. So I mean those those kind of price metrics you can start a Coinbase account and I don't know probably 15 minutes at this point but you know you've gott
01:11:09 | kurtwuckertjr: Part of the issue, but it's also nobody, nobody cares about the utility until you've gone down the rabbit hole of like, hey man, all my popular friends say like, I should be, you know, inscribing stuff on Solana this week, right? That's the big deal. I think they're doing bitmaps or something like that on Solana this week and people are making money. But then Solana breaks and then you you you go looking for OK, what's what's the next blockchain that I can hop to that's not gonna break And then 
01:11:11 | kurtwuckertjr: Until you get to the point where saying OK like.
01:11:25 | kurtwuckertjr: Maybe scaling matters like all the geniuses say that it doesn't, but it it seems to. I really would have liked to have just stayed on Solana and kept making the money I was making, but I have now had to pivot.
01:11:35 | kurtwuckertjr: You know so it's it's I don't know it's one of those things that like you just have to learn by fire that you know hey maybe the maybe the popular kid wasn't the smartest kid and.
01:11:38 | kurtwuckertjr: I mean.
01:11:39 | kurtwuckertjr: Yeah.
01:11:46 | DevelopingZack: Ain't that the truth? But so Kurt, just just to just to put us back on course here for a second, reflecting on the year that we've just lived through, like what were the highlights for you?
01:11:50 | kurtwuckertjr: Aw, man.
01:11:55 | kurtwuckertjr: I mean it's it's it's hard to point to anything in the blockchain space that doesn't have something to do with ordinals.
01:12:26 | kurtwuckertjr: Which I'm I'm sure you talked about a lot, but I I think bringing bringing to the table that Bitcoin was always capable of doing tokens and higher level computation and and being able to attest to the ownership of digital property on layer one, like that's a huge victory. Like that is something I staked my reputation on many, many years ago and it literally got cast out of.
01:12:27 | kurtwuckertjr: Lots of tribes.
01:13:00 | kurtwuckertjr: For saying like, no, I am not going to back down on that point. And now it's like maybe the most popular opinion in BTC for the first time in like a decade. So that from like a rhetorical standpoint or like narrative shifting, that's a massive victory. And that's, you know, that's one of those things that gets people saying like hey, what? You know what, why, why are we just hearing about this now? Who else has been saying, has anybody been saying this for, you know, for more than the last, you 
01:13:05 | kurtwuckertjr: Anybody that's curious that you know, I think, I think you know the the arc of history is long but it it.
01:13:35 | kurtwuckertjr: Trends toward justice. And I think a lot of us will end up being vindicated when people realize, like, hey man, I want my property on Bitcoin. And then when the Bitcoin they like BTC is pushing them out of the economy because they can't afford the fees or whatever else, then all of a sudden they start looking and saying, OK, like I thought Bitcoin was supposed to stop me from getting censored. And then you know, this stuff cycles back. So I'm, I'm, I'm very optimistic going forward because.
01:13:37 | DevelopingZack: But that's not an answer to what your highlights were.
01:14:07 | kurtwuckertjr: Well that's that is the highlight though. It's that narrative shift, man. Like how like I can't even tell you how many people you know have sent me Adm to be like bro. Like I can't even believe this is happening right now and and it is that's that cultural shift. It's the it's the that little bit of people starting to realize Oh my God this amazing thing is possible. So just seeing that for me, like that's the that's the huge victory in in 2023. So that that's got to be the highlight.
01:14:11 | DevelopingZack: I'll take it.
01:14:44 | AlexJVidal: Let's go. We told you guys there might be some surprise guests in the house. Kurt Walker Junior has the first surprise guest in the house, Jack Lew, up on stage. Surprise guests keep on flowing in. You guys got a few more minutes? Actually, no. You got one more minute before the cutoff of this retweet contest to share the space to be entered to win the 420 giveaway, which we'll announce in 7 minutes. So welcome to the space all of our speakers up on stage. Happy holidays to everybody. We hope yo
01:14:49 | AlexJVidal: Crypto Voyager has been patient with his hand up and then we're going to go to X token and then we'll go to Jack Lew.
01:15:03 | cryptovoyager: Yeah. Hi everyone, Merry Christmas, happy holidays and and and all the greetings, all the good tidings that we bring and that we have brought not only this year but all the other years before that too.
01:15:12 | cryptovoyager: So, so on the Shiba Inu front and the people that cannot even spell Shiba Inu and.
01:15:33 | cryptovoyager: And and the most stupidest farmers get the biggest potatoes. So that's a saying in German how do we get, how do we get BSV? How do we get people to understand BSV in that regard? Like what's the, what's the left curve explanation of of PSV so that we could have some kind of like.
01:15:55 | cryptovoyager: Inkling of of a semblance of of what has happened in some bull markets on BSV. That would be nice and I hope that that is really a confirmation that the OJBK is ready and and doable now with the indexes already up and running. That would be cool.
01:16:00 | DevelopingZack: What was the question?
01:16:05 | kurtwuckertjr: Something about.
01:16:07 | cryptovoyager: How do we get, how do we get this shapa, you know, energy to PSV?
01:16:10 | cryptovoyager: I want cheaper, you know, energy on PSV.
01:16:12 | RatingsKick: I mean, do you want that? Do you really want that type of vibes?
01:16:15 | cryptovoyager: Well, well that that type of organization in a nutshell.
01:16:17 | kurtwuckertjr: It's it's just hype.
01:16:29 | cryptovoyager: It's either us. It's it's either us, just us here, sitting around the campfire, sitting around the Christmas tree saying how cool this year was, or we invite also the Shiba Inu crowd.
01:16:36 | kurtwuckertjr: What's up, Jimmy?
01:16:38 | RatingsKick: Nah, man. I think that you know what's happened to everybody. How's it going? I think one of the biggest What's popping, baby? How you doing?
01:16:48 | RatingsKick: Yeah man. I think that one of the biggest issues that I've seen in crypto, Bitcoin, whatever, like is there are less people.
01:16:52 | RatingsKick: In crypto than there are humans on planet earth.
01:16:54 | RatingsKick: Just let that sink in.
01:17:10 | RatingsKick: The user base is not just the crypto aficionado, the degen, the artist. It's every human that's in the world that has never interacted with the chain.
01:17:19 | RatingsKick: So if we spent more time building useful shit, you would imagine that people would have A use for it.
01:17:43 | RatingsKick: But that's not what seems to happen. Over and over Every year we're trying to sell to the same user group. The people in BSV wanna get the Dojinites, and the Dojinites want the Shibaites, and the Shibites want the BTCites, right? At what point do we say let's build useful shit?
01:17:52 | AlexJVidal: Amen.
01:17:59 | kurtwuckertjr: Yeah, I'll keep posting that 100 emoji.
01:18:04 | kurtwuckertjr: I'm not sure if.
01:18:08 | AlexJVidal: Next Tokens, Welcome to the space you've had your hand up. Thank you for joining us. What's on your mind?
01:18:39 | TokensMagazine: Hey guys, thank you for letting me, a newbie listener, join in. But I couldn't resist. The conversation is compelling. I loved hearing that year in review. That was like boom, boom, boom, boom, boom, you know, but the last speaker talked about the amount of people that are outside the online and the crypto space. So that's one of the drums that I've been beating because my audience is like, I have a radio show, unreal broadcast radio signal.
01:18:45 | TokensMagazine: I teach a Bitcoin class formerly at a university, in person as well as online, but like on the ground.
01:19:08 | TokensMagazine: Host Bitcoin conferences at the university campus at my home. You know, I'm like, there's if there's 100 people in the world, there's only one big one person online. So we got to go get the other 99 people. And that's what I've been doing. So that's point #1.
01:19:16 | TokensMagazine: The second point I want to make is the narrative, and I kind of posted a couple comments here, so I've been beating this drum.
01:19:20 | TokensMagazine: Of bundling Bitcoin.
01:19:22 | TokensMagazine: With real estate on title.
01:19:43 | TokensMagazine: And that's what I'm trying to push. And you know, every time I get a chance to speak, that's what I push. It's like, so the ETF is kind of taking up a lot of, you know, ear space and people are talking about that. But what's the next narrative? Real estate is bigger than ETF and besides real estate.
01:19:43 | GlucoseNot: Amen.
01:19:58 | TokensMagazine: Yes, and besides real estate, there's energy. Energy is bigger than real estate, which is bigger than ETF, which is bigger than crypto. So energy.
01:20:24 | TokensMagazine: Bitcoin is going I I posted a thing you can look at my post. But Bitcoin is the biggest power plant because it's it can suck up all the unused, all the curtailed energy. It can soak up so much energy. Not just Bitcoin but all the other blockchains that need to be mined and sustained those networks. So once the people who wear the energy hat.
01:20:33 | TokensMagazine: Once that tinfoil comes off and they start receiving the signal that Bitcoin is energy, Bitcoin is the biggest power plant. Can you imagine?
01:20:52 | TokensMagazine: That Warren Buffett, who is the biggest owner. He owns the most power and gas companies in the entire world. I used to work for one of his energy company called Pacific Corp, which is Rocky Mountain Power.
01:21:04 | TokensMagazine: Well, Warren Buffett says Bitcoin is rat poison, but he's at the front of the line in collecting payments for for kilowatts that are running the the Bitcoin network. So even the people.
01:21:32 | TokensMagazine: Who are wearing that tinfoil hat, who don't understand that you're basically the creator of Bitcoin because you're supplying the energy that runs it. So to say, to say what you're saying is like means you need to come around and and listen and learn. So those are the next two narratives is the real estate play and the energy play. And then we're going to be talking about like complete blow up.
01:21:38 | AlexJVidal: Love it. Love it, Love it. Tokens magazine. I just followed you back.
01:22:04 | AlexJVidal: Let's talk about what you just brought up, but real quick. It is officially 4:20 PM Eastern Time and I just pinned. Congratulations Tony Lane Music. You are this week's winner DM developing Zach to claim your prize. That is the weekly non fungible token of our appreciation. To all of y'all who reposted the space within the first hour and tuned in, listen live.
01:22:37 | AlexJVidal: Tony Lane, you've got some sort of cool Bitcoin NFT waiting for you just shoot Zach a DM. And yeah, again, thank you Tokens. So when you talk about real estate, I can't help but think about bitmaps. But I know you're not talking about bitmaps. But I know Jack Lew's gonna want to talk about bitmaps. And I just brought up somebody else who's gonna want to talk about bitmaps. But yeah, tokenization. Where's Garrett Krauss in the house? Who wants to tokenize gold? There's a lot going on this week. W
01:22:37 | AlexJVidal: What do you guys think?
01:22:51 | AlexJVidal: Who wants to jump in? I guess it's it's Jack Lew's turn if he if he wants to go ahead and respond to anything that's been said or.
01:22:56 | DevelopingZack: Yeah, let's give the floor to Jack. You're in review. Quick response to anything you just heard. Quick, what's up, bro?
01:23:04 | AlexJVidal: Welcome Jack. Merry Christmas and Happy Holidays to you and thank you for all the alpha this year. We appreciate you, Mr. Lou.
01:23:11 | liujackc: Yeah, Merry Christmas everyone. I almost had to drop out of this space because of the dribble I was listening to the last 10 minutes, but I'm happy to stick around.
01:23:17 | AlexJVidal: All right. Well, then give us the flip side, please.
01:23:24 | RatingsKick: I.
01:23:29 | liujackc: Yeah, it's very clear. I was listening to some people who were not actually following anything that happened in the space this year. It's like watching.
01:23:32 | liujackc: It's like watching Jim Cramer, to be honest.
01:23:37 | liujackc: On CNBC, talk about crypto. Yeah, What do you guys want to talk about?
01:23:39 | hashtagzmedia: Hey, map.
01:23:50 | DevelopingZack: Yeah. So I went through a quick year review before you jumped on. Obviously the big news of the year is ordinals, but like, what were the highlights of the year for you? I mean, I guess they include already in bitmap.
01:23:57 | liujackc: Yeah, so I famously passed on the.
01:24:01 | liujackc: ETH ICO in 2014.
01:24:09 | liujackc: It was very close to putting in about $10,000, but I was talked out of it by.
01:24:12 | liujackc: A. My roommate at the time, who's now the.
01:24:29 | liujackc: Chief Investment Officer of OK X, which is great, but they remind me of that moment for sure. Like nine years later there was this moment again on Bitcoin and this year I didn't pass so.
01:24:34 | liujackc: From my vantage point.
01:24:52 | liujackc: BSV people need to clear out and await the arrival of people that want to do something with BSV properly. So I think what what was the highlight for me personally was obviously just like.
01:24:59 | liujackc: The fact that BTC now is not digital gold, it is a thriving on chain economy.
01:25:10 | liujackc: And BSV is kind of neither digital gold or thriving launching economy. I certainly was buying BSV the whole year.
01:25:14 | liujackc: To the detriment of my.
01:25:25 | liujackc: Ordinals gains actually in many cases. I don't think there's a single obviously marked market is not a single BSV purchase I made that that is up right, but I'm certainly buying and.
01:25:27 | liujackc: I just think that.
01:25:52 | liujackc: It is disappointing to see that there was no lessons learned from Ethereum or BNB or Solana. This is now Solana Cycle Two and they're still whipping BS VS Ass. This is now on Chain economy on BTC layer one, which with only four MB blocks and they're still whipping our ass.
01:26:05 | liujackc: And then when I hear things like real estate or something, it's like, bro, the entire world economy is tiny. Like, I don't care about these 1 billion homes that you wanna tokenize. Who cares about these homes, right?
01:26:36 | liujackc: Like, I don't care. Like what? What's gonna change after you tokenize the homes? Like, OK, so the $2,000,000 house is now $2.2 million houses. Or even fractionalize them. I own like one 100th of the house. I don't wanna own the house. I wanna own the Metaverse. OK? And then when I wanna make so much money from the Metaverse, I'll go buy any house I want. Tokenize or not. You know what I mean? Like, you can't focus on tokenizing the horse. You're focusing on making the car. Yeah. So.
01:26:43 | liujackc: The the thing that people don't understand about BSV, OK?
01:27:26 | liujackc: To be quite clear is that it is going to turn every single person in the world into a what you guys call a D Gen. which I don't like that word, but the whole world will be a Dijon, so it's not. Hey guys, you know there's like 8 billion people and there's only 3 million people in Solana or BTC. Like what Jimmy was saying. Like, what about the rest? What about the rest? How can we build things for the them? It's like, no, how about we turn them into the 3 million people, right? The reason why mayb
01:27:26 | liujackc: Deployed a ticker in China.
01:28:03 | liujackc: And entrepreneurs are now racing to Minta. So it's just BTC and Solana, but bigger. So it's not, hey, let let DJs be DJs over here. I'm working on this other thing. No, there's no gold. There's no tokenized gold. There's no tokenized. There's no tokenized real estate. No, we're not doing that, OK? We're doing what's happening on those other chains, but at greater scale. And so the fact that we have people perpetuating A narrative opposite to what I'm saying equals we might have to wait a few mor
01:28:04 | liujackc: No problem.
01:28:32 | TokensMagazine: Can I respond to what you're saying? I think you, I didn't really explain, so I don't want you to think. I'm trying to say tokenize real estate. That's not what my agenda was. So I apologize if you misunderstood me there. So think about right now the financial climate, people cannot afford a mortgage. Nobody. Well, maybe some some of you, some of you. So. So if.
01:28:34 | liujackc: Good, Good. Good. Dolphin mortgage then go ahead.
01:28:44 | TokensMagazine: So if you cannot afford a mortgage and you have 3 bitcoins, you can say to the seller, hold my Bitcoin, sell me the house.
01:28:59 | TokensMagazine: You still retain first position on the title, plus you have my 3 bitcoins as soon, because right now you'd have to go and sell your Bitcoin in order to buy the house. So we're going back to that peer-to-peer.
01:29:03 | TokensMagazine: Transaction where we're saying to a person that's selling the house, forget the banks.
01:29:21 | TokensMagazine: Forget the credit score system. Here's my BTC. Sell me the house you're going to appreciate in the Bitcoin. Hopefully you can cash. You can back out. As soon as the Bitcoin rises to the value of the property you can exit.
01:29:53 | TokensMagazine: But you can also stay on as long as you want, and we can split that appreciation in the Bitcoin. Like this is new. Nobody's talking about this concept. And so I'm going back to saying right now, I'm doing exactly this kind of contract in some property that I'm trying to acquire. But these people have no idea what I'm talking about because they don't understand crypto, they don't understand Bitcoin. I'm saying don't make me sell my Bitcoin. You keep the the Bitcoin.
01:30:03 | TokensMagazine: In a in some kind of custodia bank that like Kathy Wood just opened up or Caitlin Long, I mean, or some other escrow.
01:30:12 | liujackc: Yeah, so this is, this is so, this is so, this is so Boomer, why don't you turn your three bitcoins into a trillion dollars and then you don't have to worry about, like, this whole conversation?
01:30:17 | TokensMagazine: Well, I can do it. I I mean, anybody can do that like.
01:30:24 | TokensMagazine: I could go and gamble mine through Bitcoin anywhere, but what I'm saying is if you need a place to live right now.
01:30:31 | TokensMagazine: And you need some. And you need a house, a roof, a shelter like.
01:30:36 | liujackc: Yeah. Then go play check coins, go go DJ into some meme coins, OK? And then buy a house. Like basically you.
01:30:39 | DevelopingZack: I think we're getting off topic for the year review here.
01:30:39 | liujackc: OK, OK.
01:30:46 | liujackc: Can we get back on topic? Can we talk about something more relevant? But thank you very much. Merry Christmas.
01:30:46 | DevelopingZack: Andy, what's up?
01:30:54 | hashtagzmedia: Big big bitmap. You could go buy $300.00 homes right now that are going to turn into $3,000,000 homes one day.
01:30:59 | liujackc: Yep.
01:31:22 | hashtagzmedia: I I just you guys can do the year review. Thank you for having me up. I followed Jack the other day and turned on notifications so I saw him pop in here and speak and so I just I I really appreciated the take he had the other night on the Ordinal show about bitmaps and how important it's gonna be for what I interpreted to be like every business in the world because.
01:31:31 | hashtagzmedia: They can build their immutable shop, people can build their immutable Etsy's and instead of getting paid through Etsy, they can earn.
01:31:41 | hashtagzmedia: Their VRC whatever token they decide to deploy and then ultimately end up making BTC.
01:31:45 | hashtagzmedia: That that. Sorry I kind of hijacked, but I think the the topic should be bitmap.
01:32:15 | liujackc: Yeah, agreed. Let me let me just make one final point. Let me tell you what's happening right now in this space. OK Someone is making Instagram OK where everyone can upload pictures and have a great time. Might have his own issues like little high school girls committing suicide because they have like self esteem issues. I don't ignore that. But like obviously viral acquired by Facebook for a billion dollars, Instagram online, the people in BSV are the equivalent of like.
01:32:27 | liujackc: Well, I want pictures in the real world. You know, like, you know, remember, like you take pictures of the Kodak and stuff. So like, how do you make sure this technology works in the real world and you guys are making these like, stupid.
01:32:45 | liujackc: Photo frames that you put in your living room that can connect to the Internet so that when you take pictures on your iPhone, you can see like a real photo, a digital version of a real photo on the frame in your in your bedroom. It's like, bro, we don't want that shit, OK? We want Instagram. We don't want pictures that are like, like digitally.
01:33:23 | liujackc: Printed on the table, you're like, well, people want that. People want that. It's like, yeah, they want that, but it's like one 100 millionth the size of like an Instagram, etcetera. So the lack of willingness to just say I want to live on chain, I want to live interoperable and let's go and let's have a trillion tokens right now on chain is this lack of imagination. I don't know how many cycles of crypto you have to live through to see it like the ETH cycle, the the 2021 Solana cycle and now th
01:33:27 | liujackc: This move is insane to me, but let's let's talk about bitmaps.
01:33:54 | liujackc: You understand that analogy, right? It's like, oh, I don't like bitmaps. I want like real real estate where like, like, I can guess something on a real mortgage and a real tokenized apartment. It's like, bro, just like, can you accept their digital pictures? OK, we don't care about the idea of like some physical world printer print out of your digital We don't care, OK? We don't care about that market. We can care about that later.
01:33:57 | liujackc: Like, you know, I mean.
01:34:27 | liujackc: Like like if the Instagram founder wants to buy the best Canon DSLR, the best Leica, whatever is not that. I don't know that business. I know that go ahead, go take your billion dollars, you cash that from Facebook and go take real photos. But as far as the business is concerned, it's about fake photos or it's about online virtual photos. So Bitmap has the momentum, and it's if you want to kill the Bitmap momentum, here's a new bar for you. Please deliver more than 200 X in six months. Otherwise
01:35:01 | liujackc: Right. Because people run on dopamine. Yeah, Like, it's not that like, oh, there are DJ and kids who are on TikTok scrolling 6 second video, but for the rest of the world, for the people who are not DJ video consumers, let's make them like another kind of, like app that's more for regular folks. No. How about we turn it every single regular folk into a DGN Tik Toker, OK. Such that every single Gen. Z person no longer has a dopamine or the attention stand to even take the bus or the train to work
01:35:03 | GlucoseNot: Play.
01:35:21 | liujackc: To work at 9:00 to 5:00, what do you call a real job? How about we turn all these Gen. Z people into making videos about why the fuck am I still working 9:00 to 5:00? Why am I still in college? That is what is Tiktok did, whether you like it or not. You think that's terrible for society? Go fucking ride a horse, OK?
01:35:38 | AlexJVidal: More fire. OK, Jack Lew, you recently changed your updated your bio to a phrase that you basically coined at some point this year, which?
01:35:53 | AlexJVidal: Again, you updated your bio a couple days ago, but I actually used that phrase like a week ago in a group chat. I said I studied at Jack Lew University and learned to inscribe first, ask questions later, which is by the way we're developing. Zach teaches.
01:36:18 | AlexJVidal: Lock anomic. So can you just elaborate on this phrase briefly, please, for those who sort of maybe missed the entire ordinals wave in 2023 and they've heard about like this idea of like aping in maybe to NFTS but inscribed first, ask questions later.
01:36:19 | AlexJVidal: What does that mean?
01:36:22 | liujackc: Yeah.
01:36:25 | liujackc: It means that.
01:36:26 | liujackc: You know.
01:36:33 | liujackc: Inscribing is kind of similar to like registering yourself on the company registrar.
01:36:34 | liujackc: Hello.
01:36:35 | GlucoseNot: These people are insane.
01:36:43 | AlexJVidal: Sorry, go on, Jack.
01:37:04 | liujackc: Before you fade this idea of inscribed first, ask a question later. Why don't you change the BSE blockchain to wipe out the 1.2 billion, whatever 2 billion inscriptions? Because there's a lot of inscribing first ass collection later going on on the very BSV chain. OK, so why don't you go ask a court to remove that if you don't like it? OK, secondly.
01:37:20 | liujackc: The act of inscribing is the same as registering your name on a company and registering your shares before you go waste the next 10 years of life doing your startup OK? I don't know anyone who like, doesn't register the name on a shares, OK?
01:37:58 | liujackc: So all is scribe and chill means is like, well, we now work at group companies. Companies that you don't have to decide who you wanna hire and who's on your cap table and what amount they should be on your cap table. It is now a new meta, which is why don't we just each decide who wants to be on the cap table? And So what deployments of BRT 20s and deployments of standards mean is, Hey guys, I'm forming a quote company. The company's called this Ordi. The company has this many shares, OK? And ea
01:38:04 | liujackc: And this company's mission is to do XYZ like fungible tokens or digital land or?
01:38:22 | liujackc: UH Company's mission is to be a art exhibit of like pictures of frogs. 10,000 frogs OK after the company formation. It's like being able to view their live stream of all their companies being registered in the Cayman Islands, all the companies being registered.
01:38:34 | liujackc: In Delaware, right. But this is not using the blockchain to keep a copy of the Delaware companies. This is, like I said, we don't mix with the physical world. That's too boomer. I don't. I don't have no time for wearing a suit.
01:38:42 | liujackc: And having business dollar meetings, OK, that that should have been going on for 10 years, OK, if like Masters a former.
01:39:07 | liujackc: Chief head of the desk at credit derivatives CDOs, Credit default swaps, Right at JP Morgan. Life Masters. Lovely lady with beautiful daughters. OK, if she cannot get deals done with $100 million in funding, I don't want to hear about, you know, James Belding with $5,000,000 that is already spent down. OK? Like, I don't want to hear that that's not, that's what happened, OK? That's not going to happen.
01:39:18 | liujackc: So it's a back to the on chain inscribing part. Inscribing is like incorporating is like incorporating yourself into registering yourself into shares. OK?
01:39:37 | liujackc: And so we're asking you, would you like to put yourself on the company cap table to 1% of the company, 10% of the company and and this is what a company does and you're asking me questions like what's your go to market strategy? What if you have a competitor that like beats you at this business?
01:40:02 | liujackc: It's like, bro, can you ask me questions after you inscribe the shares? 'cause, like, if you're not even gonna inscribe the shares right now, then you must be so dumb that I cannot possibly want to have a conversation with you on this topic. OK, And so at the time, I knew that, like, I spoke to Domo within 25 minutes of him tweeting, OK. And.
01:40:08 | liujackc: Not 'cause I'm connected to some crypto cabal. Or maybe I am OK, maybe I am. Maybe this is all set up OK.
01:40:11 | liujackc: But anyways.
01:40:30 | liujackc: Umm, within 25 minutes understood how to describe I hadn't inscribed myself and then I threw into both the company chat and I threw into the relay X telegram like the idea of inscribe XYZ whatever already.
01:40:46 | liujackc: Ask questions later, because what my point is, is it doesn't. It's not that I'm not willing to answer your questions. Is the payoff. Like like basically it's so risk free to inscribe first that there's no reason to ask questions until after.
01:41:08 | liujackc: And quite frankly, on that day, I can't tell you. I can't tell you all the other things that would come out like, whoa, whoa, who's gonna make an exchange? I don't know. I don't know. Someone, someone like if you ask Casey Baltimore, who's gonna make the first marketplace for BDC or no, he would not have sent me. He doesn't know who I am. OK.
01:41:21 | liujackc: So if you look at the history of the blockchain industry, right, you know who should be your idol. You should be the idol. Like how Finny or or Craig Wright or or Satoshi Nakamoto.
01:42:09 | liujackc: OK, it could be the same person, OK? Or it could be the pizza guy. But if you want to be the pizza guy, if you're like, Oh my God, did you know this pizza guy? 10,000 bitcoins. Oh, my God, he's sitting on, like, $420 million. Oh, my goodness. I wish I heard about Bitcoin. No, you don't. No, you don't wish you heard about Bitcoin, 'cause you'd have too much questions. You would be the one asking questions in 2010, fading until now. OK, like if you ask. If you ask. Well, what's the use case for Bi
01:42:13 | liujackc: Asking questions, right Asking questions about like what can what can Bitcoin do?
01:42:53 | liujackc: Are there like a replace visa payments? I get. I get there are some there are some brilliant people talking about that. But I hope they were talking about that after they acquired a whole bunch of bitcoins from CVS or wire money to Japan. Like the The learning lesson is not we need real exchanges. Mount Goss is shady. Wiring money to Japan. It's like you shouldn't you lost all your money. No. How about I'm really glad to be rugged for 50% of my money. I hope I got 50% out. I still got Bitcoin at
01:42:56 | liujackc: 'Cause that thing is now selling me bitcoins at 40 dollars, $40,000.
01:43:08 | liujackc: So if you like real institutional grade ETF, BlackRock, great. Happy for you to buy my bags at $50,000. OK, but if you want.
01:43:32 | liujackc: BTCBCHBSV at 1 penny each. OK, 110th of a penny each. There is no room for you to ask questions. The whole point is that this thing is clunky to use, right? If you want to wait until Openc validates ordinals, you don't wait until phantom wallet makes ordinals. You're going to wait until finance list already. Be my guest. But if you want the the the cheapest stuff.
01:43:37 | liujackc: That's gonna return 10,000 X. Well then, sorry, you should have been using or swap.
01:43:43 | liujackc: Play.
01:43:43 | AlexJVidal: Let's go this is the holiday special.
01:43:47 | hashtagzmedia: Hey, what's the? What's the? What's the BRC for Ordswap layer? Was there cast layer for there or no?
01:43:52 | liujackc: The Horse Shop was the first marketplace on.
01:43:54 | liujackc: On BTC ordinals.
01:44:00 | liujackc: But yeah, let's go.
01:44:03 | liujackc: Next year is going to go be crazy, yeah.
01:44:05 | hashtagzmedia: What do you what do you think about? What do you think about unit? What do you think about?
01:44:07 | hashtagzmedia: Unisat and and SATS sticker.
01:44:38 | liujackc: Oh, I think that's brilliant. I think they learn from me. I had dinner with the the Unistack guy. I was like, why do you even run a company? Why are you even meeting with VCs? Why don't you just take all your profits from the inscribing tool? I think, I think Ordinal's wallet jumped on this too. During the Unisat Mint. They turned the slider all the way up to 1000 where you can mint. That's 1000 at a time. And the whole point is like, why would you get corporate registry service charging 1 or 2%
01:44:41 | liujackc: And then you watch all these companies.
01:44:45 | liujackc: Facebook Uber Stripe.
01:45:18 | liujackc: And it's like, why? Why don't you just, if you were charging 2% to stripe shareholders and 2% to Uber shareholders equivalent, right. And again, I don't have to use these dumb analogies 'cause I'm in a BSV talk, OK? We have to actually make some analogies to the real world, 'cause you guys think this is all fugazi. And oh, if you like to trade some technical analysis, yo bro, this is not technical analysis, this is not DJ. No one's getting in. This is I am inscribing my shares for free. What the
01:45:50 | liujackc: So you are the corporate free service and you were saying, would you like to put like 20% of your revenues that the Stripe teammates has paid you that the Uber teammates just paid you? And would you like to inscribe some Uber yourself, inscribe yourself or would you like to take your corporate company, corporate regulatory company public or and sell shares in yourself? Nobody. I don't want shares in the corporate registration company. That could be any company. The value is in the stripe is in t
01:45:58 | liujackc: What Unisat basically did properly is they're like, OK, I made $5 million from helping people inscribe stats, Why don't I spend $2,000,000 of this inscribing stats myself?
01:46:11 | liujackc: OK, so let me get myself 2,000,000 Sats, 10% of Sats, and now Sats is worth 1.3 billion. Oh, I guess I'm worth one point $136 million. I don't. OK, that's that's what That's what should happen.
01:46:37 | AlexJVidal: Yo, happy holidays everybody. Crypto Voyager has been patient with his hand up. We know you guys have been looking forward to this holiday special where we've got surprise guests have been advertised. And now the third surprise guest is on stage. Randy of Ordinals Wallet, welcome to the show. We're going to get to him right after Crypto Voyager, who's been patient with his hand up. What's up, Crypto Voyager?
01:46:56 | cryptovoyager: Hi everyone. Hi Jack. So basically what you're saying is, if we go back to 1999, digitizing my old VH eight VHS tapes is a stupid idea in comparison to me building up an online shop where I can sell books. Is that what you're saying?
01:46:59 | cryptovoyager: OK.
01:47:18 | liujackc: Correct. It's because you're because if you're in BSV, it's because you're irrelevant in the real world and you want to become relevant in the real world. So you're holding on to some kind of weird recognition, like you want to be on Joe Rogan, you want to be on Fox News, you want to be on Bloomberg. I want to fucking bankrupt all three, OK? I don't give a fuck while to be on those shows, but go ahead, Randy.
01:47:22 | nondualrandy: Good morning, everybody.
01:47:23 | AlexJVidal: Good morning.
01:47:28 | nondualrandy: Happy holidays Alex. Thanks for having me up here.
01:47:31 | AlexJVidal: What's up? What's up with Twitch, bro?
01:47:34 | nondualrandy: What's up? What's up we're we're having.
01:47:34 | DevelopingZack: Coming out hot, bro.
01:47:37 | nondualrandy: Holiday season, you know.
01:47:39 | AlexJVidal: This is a PSP space, you know? We want to know what's up with Twitch.
01:47:44 | AlexJVidal: Let's go.
01:47:45 | nondualrandy: Is on fire, bro. Twitch is ripping.
01:47:52 | nondualrandy: I see Kurt posted Jack Lew repeats what I say in spaces and then pretends. I didn't say it first.
01:47:54 | nondualrandy: Kurt, what did you mean by that?
01:47:57 | DevelopingZack: Spicy.
01:48:01 | kurtwuckertjr: What? What? What language would you like it translated into, boys?
01:48:04 | DevelopingZack: Woof.
01:48:28 | kurtwuckertjr: Well, I mean, so I spent 3 minutes talking about throwing darts at rockets and why ordinal trading is pretty great and why technical analysis is useful and why people should learn such things. And then Jack basically spent 30 minutes saying the same thing. So that's an efficiency problem.
01:48:31 | liujackc: I've never seen a chart. If you think this is technical analysis, you have no clue what you're talking about.
01:48:44 | liujackc: I inscribed already within 30 minutes of the existence. There was no charge, there's no trading. OK, what do you want? OK, same with bitmap, same with whatever else.
01:48:46 | GlucoseNot: Fight. Fight.
01:48:47 | RatingsKick: Can't we all just get along?
01:48:50 | liujackc: So if you can get the same, you. You don't, you don't, you don't. You don't understand English, OK, you don't understand English.
01:48:54 | hashtagzmedia: Oh my God, you're the most bass motherfucker I ever met.
01:49:23 | AlexJVidal: Oh man, usually we we, we save this level of spiciness for the after party you guys. So hopefully you guys will everybody will follow us there because like I said earlier in the show, I'm packing for Atlanta and flight I'm taking off in a few hours. So this space is not going to go as long as it typically goes. But now I'm tempted to just keep it rolling because we've got an All Star panel up on stage. So thank you all for tuning in. Happy holidays, repost the space.
01:49:31 | AlexJVidal: Listen, let's celebrate all of the biggest accomplishments of the year, where you know, we've all been.
01:49:40 | AlexJVidal: Navigating from our own unique positions and umm, I think Ketones wants to chime in. Uh, Ketones has been up on stage for a little bit.
01:49:43 | liujackc: Now can we go back to Randy? Can we go back to Randy? Thanks.
01:49:43 | AlexJVidal: Of course.
01:49:53 | nondualrandy: Yeah, I had a few comments actually about some of the stuff Jack brought up. One of them is Jack is is seems to be unhappy with the direction of the.
01:50:14 | nondualrandy: Development, the general development I would say of BSP especially within like the coin geek circle as far as looking for real world recognition instead of like you know, Internet growth, I guess you could call it the way that ordinals and Solana has done it. And and another key point that I thought was interesting was that.
01:50:18 | nondualrandy: We are looking at Solana cycle #2.
01:50:20 | nondualrandy: And BSV is.
01:50:23 | nondualrandy: Is stagnant.
01:50:43 | nondualrandy: In regards to the price and an interest, I think in general people are more interested in BSV now than ever because I think of LULAC and all these locked stuff that's going on, but still no one's putting their money there. And there's the excitement is just not nearly as high as you can see it is on Solana and Bitcoin.
01:50:48 | nondualrandy: So I'm wondering kind of like what do you, what is the plan to move things?
01:50:57 | nondualrandy: Into some kind of a BSV cycle, if that even is possible and what is like the next 12 months really look like to you, Jack?
01:51:12 | liujackc: Wow, thanks for calming me down. You're so gracious with the the way you talk, so I wanna be kind. This is holiday spirit. Everyone's having a good time for the holidays so don't wanna hear me screaming.
01:51:19 | liujackc: Yeah, let's talk about that. So my plan is to take the indexing cost so high that the current indexes leave.
01:51:31 | liujackc: My plan is to take the node costs so high that we're the only node left hopefully, and if other people are are left, it's 'cause they can afford to run a node.
01:51:34 | liujackc: Basically, umm.
01:52:05 | liujackc: What I think is the most bullish thing going on is this OJBK Mint. OK, Because not only is it something where if we wanted to, we can AirDrop OJBK to every single person that's ever touched crypto at all on all ecosystems to bring them all into one shit coin, one meme coin together at free and get airdrops. But it's also like you can also give people airdrops to a different degree. If you if you value meta mask users more than phantom users you you can go ahead as an entrepreneur.
01:52:40 | liujackc: An individual developer like Josh Hensley, he's free to go inscribe as much as he wants using his own tools. And so it's like a multidimensional mint going on that can bring all of crypto together on chain. So already I'm hearing people like on one step ordinals website saying, yeah, I need a donation about the indexes. Well then fine, get off, get off the stage. We're not, we're not using the website anymore. I'm already seeing other websites like Panda Wallet saying, yeah, I'm not gonna work f
01:52:42 | liujackc: The fact that you don't wanna charge money.
01:53:12 | liujackc: That's your problem, right? So you telling me that you're not gonna work on it anymore? It just sounds like you don't know how to make money. OK. And then the fact that, like other people like, Oh yeah, we have an index already, but like a gorilla pool, We're not sure. Like we're just figuring out the business model. It's like though if you don't know business models, you shouldn't even be in the gorilla pool business in the 1st place. The fact that you can get wrecked from a from a from like a 
01:53:26 | liujackc: And we weren't even in BSV. If you look at, if you look at what happened with our team, we just trolled the hell out of everyone even though we were trying to help you. We're like, hey, if you, if you're the ones building, lock to mint, OK? If you're the ones building.
01:53:44 | liujackc: Like like once that ordinals, you should go and scribe all of it. But I should never see like under 1,000,000 inscriptions. Like I should never have that chance. You should go inscribe all of it. Feel like, well, I'm a nice guy. I don't want to do that. I that's not the way I do it. I just wanna build technology. Yeah, well then why don't you wanna keep on building technology? Why do you need a donation?
01:54:07 | liujackc: Why do you need to shut down now? OK, so don't talk to me about that, right? So basically we need to mostly like bankrupt this existing crop of entrepreneurs, get off the stage, OK, and bankrupt this existing group of Hodlers by making BS, BTC, Solana, everything. I think next year's been a great year for ETH again.
01:54:18 | liujackc: By making all that go up so much that you have to eventually leave because you want to provide for your family. You want to eat food you want to like. Actually I don't know how you provide for your family if if you could have made money in this last thirteen years in crypto.
01:54:23 | liujackc: Good luck going to get a real job so like.
01:54:45 | liujackc: So we need to bring the the, the, the, the people onto a mint. So I think that I think this SNL formula actually fits OJBK really well because you don't have to think about your own ticker, you don't have to think about which coins will go up, which one should I inscribe like we can have the whole world inscribing the same thing for the next 3456 months.
01:54:52 | liujackc: And and I think that's like like how I would do one. One other thing I would say is this.
01:55:03 | liujackc: The mistake that we all made and some people have made it consciously and recognize their mistake. And some people still think that they're right and they're right and they're right, is that.
01:55:37 | liujackc: The auto industry went for 200 years before they were electric cars, OK? And now Elon Musk is saying that they're gonna beat the the gas cars, right? But because crypto goes much faster, it's almost like multiple visions happening in real time. So the advantage that you make is that if you're in BSV, it's because you believe in electric cars, and if you're in the rest of crypto, it's 'cause you believe in cars. Both have been innovative. Maybe one started with Henry Ford and let's say Elon Musk 
01:56:08 | liujackc: At this moment in time, it's like, well, I'm upgrading from a horse. I love driving a car. I don't really care if it's electric or not. So the the gas cars take off first, OK? We are like the people who are like, yo, you. It can run on electricity, yo-yo, yo. We know the theory that it can run on electricity. So we believe in electric cars and we faded gas cars from the beginning. So we're in a scanning debate. OK, Then once we forked off and we actually did have the ability to do electric cars,
01:56:43 | liujackc: Going to Waterloo and seeing that they have a demo of electric car and the demo is running. So we have proved it. This is equivalent to xiaohui proving that bitcoin's turn complete. Craig Wright is correct about Bitcoin. La La La La la. So it's like we're like, yo, there is like actually electric cars running at the campus of MIT. Why is anyone buying gas cars? Why is anyone buying gas cars? Clearly extra cars in the future. Clearly extra cars future. But to the mainstream, people who need to dr
01:56:54 | liujackc: And Elon is the guy who's like, and I'm talking about me, I'm not talking about talking about just the analogy, right? I'm talking about like that's the concept of I need to make.
01:57:13 | liujackc: An actual proper electric car company that can compete with Ford company and whatever, and everyone fades him. And like, what's wrong with you? We all exited PayPal. One guy, one of us went to make YouTube. One of us went to make LinkedIn. One of us meant went to make Yelp. We're all fabulously rich. What is wrong with you? Why are you doing Tesla? You're you're about to go bankrupt in 2008.
01:57:45 | liujackc: What the hell is going on? But eventually, the moment Tesla passes gas cars, no one in the world can look at gas cars the same. And what is the act of passing? The act of passing gas cars is when Elon showed provably that my freaking electric car, the Tesla roaster, actually drives faster than any other car in the freaking world. Like, not in the not in the experiment, not in a stress test, but like actually in real usage, real drivers driving it.
01:58:19 | liujackc: Is faster. That's the moment that the public it wasn't because you could save me on cost versus gas cars. It wasn't because you can save the environment if I drive electric. It wasn't because the government gave me a $5000 grant to switch electric. Is the moment that you gave me an actual better car And a faster car is the moment that mainstream recognizes it. So I think right now what we're saying is almost like we don't want cars in general we that's degenerate or or like I don't want to I don
01:58:34 | liujackc: Where they're like, but I know electric cars is best, so that's why they, like BSVI, still believe in BSV. But the way we win is when we can, when we can become the platform of choice for DGNS, the platform of choice for.
01:59:04 | liujackc: The whole world to be deejays. And it's up to the world to be like, hey, maybe I shouldn't learn, I shouldn't design so much, OK? That's when we win. And unfortunately, the reason why we have to always restart and restart and restart is the people who start these protocols, they don't have a business model. To continue that business model is to inscribe and chill like if if I am Satchmo, if I am David Case and I have bags and bags and bags and bags and bags, and I'm intentionally.
01:59:33 | liujackc: Architecting bags when I started this protocol, OK, and while I'm doing protocol, I use my talents to go inscribe and chill on dogecoin and Litecoin. Because again, if you were writing once that ordinals in March, in February, in April, OK, you had every opportunity since you know how to code to go grab already bitmap. Bitmap wasn't even around when there's one set or not. OK, you're the experts that gained that such that you can fund yourself for going forward, OK.
02:00:03 | liujackc: Instead, if you're like, OK, I need to stop working on Panda Wall. I need to stop working on this, stop working on that. That's why we have to keep on restarting and restarting and restarting because like we now need to go wait for you to go raise money in the boomer world and go ask for donations and whatever else. And now we're not getting the best, we're not getting the best output from you. So I I said a long thing. But Randy, I hope I answered your question. But we we are the Tesla, we are 
02:00:20 | liujackc: But you have to be in the phone business. You have to be in the car business. You can't be used to be in some other business. The people have told you, I want, I want markets. I want to trade every single coin. I want digital metaverse type stuff. I don't want what you're telling me about real world business, putting on a suit. I don't want that.
02:00:25 | liujackc: Go ahead.
02:00:26 | shruggr: So can I respond to that a little bit just because?
02:00:32 | liujackc: I'm not.
02:00:35 | AlexJVidal: David, case in the house Welcome struggle as our 4th Surprise Special guest. Let's go. Happy holidays, everybody. OK, let's go, David.
02:00:50 | shruggr: I guess I just a lot of the things that you are saying that you sound like is antagonistic to how you think I feel about a lot of this stuff or we feel about all this stuff, I actually.
02:00:50 | shruggr: Like.
02:01:03 | shruggr: I want to like my work is not oh, I need to get paid for this, it is. I need to figure out how to solve this such that people can actually use this.
02:01:20 | shruggr: And some of that, for right now, I can't make a market on everything overnight. I can't snap my fingers and say, Oh yeah, I can just support everything. Now what I can do is I can work at how can I support what I can support right now so that I can later on say how can I support everything. And I think that like.
02:01:51 | shruggr: All of these things he inscribed, inscribed, inscribed, none of it does anything unless someone builds something to let people take advantage of it. And that doesn't have to be me. And in fact, I'm strongly encouraging at this point right now that says other people build other things. I want to use what I can in my unique position, close to a bunch of data and with services that are trying to support this stuff. I want to build stuff to support you. I want to see what takes off and what what peo
02:01:58 | shruggr: Is a great, great thing. It makes everyone who's just assuming that things can stay in a certain way realize, no, I got to do it differently.
02:02:01 | shruggr: That's a good thing.
02:02:02 | shruggr: Yeah.
02:02:34 | kurtwuckertjr: Well, yeah, I mean, I'd, I'd like to point out, I mean that's we created this stuff because we wanted to encourage this stuff to, to take off. So we created a bunch of proof of concept and a bunch of tooling and a lot of it sat there for a while not getting any volume and then all of a sudden volume explodes and that's allowed us to iterate. I mean, we're on version three, version four of a lot of this stuff in what since March. So I mean we're already 4 versions deep in just like a little more 
02:03:08 | kurtwuckertjr: I mean that's that's the opportunity that's what we're hoping for when we create infrastructure. And you know I I've been crystal clear too like man snag this stuff like if you're if you're going to build any of it and not get yourself a bag of what you're building like that's you know that that kind of thing. And I'm not talking to Dave specifically because Dave is is literally the guy building it. But you know we're we we have these crash sessions where we plan it out and talk about the econom
02:03:39 | kurtwuckertjr: You know, again, like I said in in my tweet, like man, this stuff just gets repeated like I did, I didn't say at 1st and you know I've I've been out here talking Bitcoin tokens now since probably 2015. Like that's the that's the goal. Like tokens are the thing that that makes this matter. Like every every bit of value even in the old world is totally like dollars are tokens your titles for shit as tokens. Like all of that is tokens. Tokens are the primary thing that made Bitcoin click for me the
02:03:42 | kurtwuckertjr: And then realizing that you could build them.
02:03:46 | liujackc: OK. That's a lot. That's a lot that. That's a lot of fluff. How many, how many ordinals did you describe this year on BTC?
02:03:50 | AlexJVidal: Come on, Jack, you know better than the doctor bags. That's not nice.
02:03:52 | kurtwuckertjr: First of all, I'm I'm not doxxing my bag.
02:03:55 | Supplydeman: Like can I just jump in there?
02:04:19 | kurtwuckertjr: So the day ordinals came out real no real quick when ordinals came out like when ordinals wallet popped up like I was huge supporting ordinals wallet out there inscribing. I'm not I'm not dropping you know any numbers on anybody. But Randy can attest to the fact that I I was out there tweeting about ordinals, the protocol ordinals wallet, the tool, as well as a bunch of the other wallets that were created in BTC.
02:04:49 | kurtwuckertjr: And it was powwow sessions that I had with the BSV people down here in South Florida saying guys, this is the thing and you know what, it's going to bounce to other chains. And then it started, it started going to like Litecoin and doge and stuff. And and we put together the the tooling necessary to bring the ordinals concept over to PSV because that's it's so clearly the future and to act like we're not both advocating for basically the same thing. We're trying to create discord where there abs
02:04:59 | kurtwuckertjr: You know, we we don't have to be friends, but to pretend like we're not allies and and and like the exact same battle here is is totally absurd.
02:05:05 | AlexJVidal: Yeah.
02:05:06 | RatingsKick: What happened, Jack? Why? Why so much animosity? What's the What's the beef?
02:05:33 | Supplydeman: Just to jump in there, right, guys, I think, I think there's very two different differences that you need to think about here. You've won the ordinance camp and then you've to the locking camp. And I think like the whole locking thing really needs to be looked at like, yeah, do it whatever you want, do it. But I just don't see any value in that. And whereas the ordinals, I do see a lot of value. So I think that's two very separate things you need to be talking about. It's great. Or look, if you 
02:05:37 | Supplydeman: You know, I think everybody else knows what's going on there.
02:05:46 | AlexJVidal: Alright, let's go to Crypto Voyager, who's been really patient. Uh, welcome back, Crypto Voyager. Happy holidays.
02:05:51 | cryptovoyager: How, How, How? Happy holidays. How, How, How. This is the Christmas spirit over here.
02:06:09 | cryptovoyager: We all want big, happy family. Jack, you were saying something about Orange Juice Breakfast Club going on to anybody that has ever touched any kind of crypto What What is your technical vision for that? How? How is that possible?
02:06:41 | liujackc: So you know how remember orso you can log in with meta mask to like do things instead of creating a new or swap wallet, There's a. And then you know how like the developers behind BMPBRC, they have like a login with like unisex. I think ordinals will do this too. Like where you log in with the wallet and then you can claimlikefor.com tokens, etcetera. Like there's a world where you can have people log in with any wallet they've ever interacted with the blockchain with. OK X Web 3, Binance wallet
02:06:53 | liujackc: And if they have done certain behaviors in the wallet, they qualify for a million OJBKS or half million OJBKS or 10 million OJBKS. And the great thing about this AirDrop is that like.
02:06:55 | liujackc: It is free to inscribe.
02:06:59 | liujackc: A basic free to describe and then the price cannot go up until it's minted out.
02:07:07 | liujackc: And so you get to onboard people onto the seed round of your company essentially and then its analogy.
02:07:09 | liujackc: At the bottom of the floor.
02:07:14 | liujackc: And then once they all have a bag, you've onboard all of crypto.
02:07:17 | liujackc: You could have like.
02:07:34 | liujackc: Then when the secondary market hits, right, then they're obviously gonna have to trade against BSV, right? So then like they have to get BSV even they don't want BS even though, even if they just want to cash out, but you've brought them over the border first.
02:07:39 | liujackc: So like the idea is that instead of worried about how to bring people.
02:07:40 | liujackc: To BSE via credit cards.
02:07:53 | liujackc: You actually just get them in for free by giving this token for free and now they're already in and then when this thing like pumps, which by definition it has to pump because like.
02:08:22 | liujackc: The initial cost is just the inscribing cost. A single satoshi per inscription. Like it can't be worth less than that. I guess it could technically be worth 0, but like you get what I'm saying, then then they're already in the BS ecosystem. And then by then hopefully you have a thriving marketplace that now trades every other thing as well. So I would not pour over BDC ordinals. I will not pour over real world economies. I don't care how big I like I said, I told you the real world's very small.
02:09:05 | liujackc: Like it? It's like saying that, like, we need to use Industrial Revolution to build tooling for the agriculture economy. No. How about no? How about no? How about you become a lawyer, Become accountant. How, How? How about I build, like, widgets? I don't care about the agriculture economy. OK. And you're like, well, how can I eat? How can I eat? Well, we seem to be able to eat just fine right now, with everyone working as a banker, as a lawyer, as an accountant in some office downtown at these c
02:09:18 | liujackc: We'll have another. We'll have a population growth. We'll have people so fucking rich all around the world that would have 12 billion people as a population. Those new people can go farm. OK. We're not farming. Thank you.
02:09:20 | Supplydeman: And where does the money come from?
02:09:27 | liujackc: Yeah, see, this is the problem. You don't know where it might have come from. You know, money, all money in the world has come from the same.
02:09:30 | DevelopingZack: I I appreciate that you guys want to challenge each other, but I feel like we're losing the threat here.
02:09:34 | liujackc: What what thread do you want? If you want different threads, like some kind of.
02:09:51 | cryptovoyager: We're talking about how 2024 can look like. We now understood that 2023 was completely different than we would what we would have thought on Christmas Eve in 2022. So, so just somebody just bouncing ideas over here for 2024, I welcome that.
02:09:58 | cryptovoyager: My my two cents. I mean sorry 2 satoshis.
02:10:02 | liujackc: But what were you saying earlier, Crypto Voyager? What was your question originally?
02:10:26 | cryptovoyager: Well, OK, fine. So I understand. I understand your aversion to to Old World stuff. That's why I'm saying that you are completely opposed to to to digitizing VHS tapes. I understand that. And we can see that in Instagram. Out of 1000 videos or whatever we get from Instagram, maybe half of it is a digitised old VHS tapes. So I'm with you on that one.
02:10:34 | cryptovoyager: I understand that a lot of people here in the BSV community kind of like have an outreach program to laggards, even though we're still not there yet.
02:10:51 | cryptovoyager: Whatever. So yes, orange shoes became would be a nice experiment if that works. However, what you're saying basically means that we could only reach anybody that is already in the crypto space on chain on whichever chain.
02:10:54 | cryptovoyager: Which? Which there's quite a lot of people.
02:11:00 | liujackc: Yeah, it's it's like I'm telling. It's like I'm telling you I'm gonna make youtube.com and you're complaining. Well, what about people haven't bought computers yet. I don't give a fuck about them.
02:11:13 | liujackc: You will buy a computer as a result of YouTube. OK, so I don't, I'm not worried about what about making a version of YouTube for cable? No, no, no, thanks. OK, No thanks.
02:11:30 | liujackc: You see what I'm saying? Like you keep on thinking that like you, you don't understand which is the dog and which is the tail dragging the dog. You're like, well, what about the people that are not degenerate? It's like, well, I don't know. I don't, I don't know what to do about them. They they need to get a Bitcoin wallet soon.
02:11:33 | liujackc: You know.
02:11:44 | Supplydeman: I think, Jack, genuinely I think that what you're talking about only has a limited amount of time to run. I think like you're talking about degenerates and whatnot, but like only that surely has a short time span.
02:11:58 | liujackc: Literally anyone who opens onto Tiktok instead of watching a History Channel documentary is a degenerate OK for content consumption. Tiktok is the most degenerate thing I can think of. How many users does Tiktok have?
02:12:02 | Supplydeman: OK. And and how?
02:12:08 | Supplydeman: How should I put it? Like how how can you port that over to BSV where they generate?
02:12:13 | Supplydeman: Activity, productivity.
02:12:14 | Supplydeman: Productivity on the chain.
02:12:17 | liujackc: Do you feel like people twerking is productivity?
02:12:23 | Supplydeman: No, but you can advertise them, OK. Where do we, where do you do that on chain?
02:12:29 | Supplydeman: Mm-hmm.
02:12:40 | liujackc: Did you not understand what I said? I said to a historian? To a movie filmmaker, this tiktok bullshit. 6 seconds is a fad. It's dumb. It's not for real movie connoisseurs.
02:12:40 | Supplydeman: Absolutely. It's attention grabbing.
02:12:45 | liujackc: Is attention grabbing so it was able to scale for the whole world, correct?
02:12:47 | Supplydeman: Sure.
02:12:48 | liujackc: The whole world ended up on Tiktok, yeah?
02:12:49 | Supplydeman: Yeah.
02:12:57 | liujackc: So why would the whole world not be in like minting 800 tokens per day and then scribbling and chilling?
02:12:59 | Supplydeman: Entertaining because it's not entertaining.
02:13:01 | liujackc: You like to be broke.
02:13:02 | liujackc: Into.
02:13:06 | Supplydeman: Like some niche people think it's entertaining, but like the vast majority of the world doesn't.
02:13:15 | liujackc: Bugatti thinks it's entertaining. Christie thinks it's entertaining. I mean, whatever, yeah.
02:13:23 | liujackc: No, bro, you're you're. You're the niche. You're the niche. You're the one on a blockchain space.
02:13:30 | liujackc: No, no, no, no, no, no.
02:13:31 | liujackc: You're broke.
02:13:32 | Supplydeman: OK, yeah, that might buy stuff to Christie's, might think it's entertaining, but like, dude, now dude like you're talking about Tiktok. OK, that's a massive market like that. The whole world watches dancing videos. OK, you're talking about minting coins on a blockchain that like 10 people do.
02:13:47 | liujackc: Yo bro, bro, bro. I'm saying that you will be the same guy Fading Tiktok as a real thing seven years ago. Now you think it's massive, just like it's seven years later. After I build you the world. You will think it's massive too. But right now you can't see it. So you have you have a lack of vision. You can't see it.
02:13:48 | Supplydeman: OK, OK. OK, cool.
02:14:02 | nondualrandy: Right. So so the idea isn't that we're gonna put Tiktok on VSV, it's that Tiktok is this. Everybody saw Tiktok as this stupid thing where everybody goes to Twerk and no one's ever gonna use it. And then it turned out to take over the whole world. That's what he's saying.
02:14:08 | Supplydeman: Yeah, yeah, but it's entertaining. So like, where's the entertainment in pressing the button and and encrypting a billion tokens?
02:14:11 | nondualrandy: Well, there's nothing more entertaining than, like, flipping shit coins and making tons of money. I mean, look at.
02:14:13 | RatingsKick: That's awesome.
02:14:14 | Supplydeman: Do you really think that that's what the world thinks? Like, really.
02:14:19 | nondualrandy: Look, look at your Twitter feed. Do you see every single post is? I made $1,000,000 off with.
02:14:21 | Supplydeman: Your Twitter feed like your Twitter feed? Isn't the fucking world like?
02:14:22 | nondualrandy: Well, you're on Twitter right now.
02:14:30 | Supplydeman: Like if you do not understand what I'm saying, like you do not know what the fucking mass market is anything about like.
02:14:33 | nondualrandy: Do you think that people have more fun making money or watching girls twerk on Tiktok?
02:14:38 | Supplydeman: Oh my God. Like Seriously. Seriously.
02:14:43 | nondualrandy: Well, you're not. What are you? What's your what's your question? What's what's your response?
02:14:57 | Supplydeman: Right. So you think that the rest of the world will prefer to press buttons and inscribe shit on BSV or any blockchain for that instance, rather than watch people twerk. Is that what you're saying?
02:15:00 | nondualrandy: Yeah, if if they're making money.
02:15:02 | Supplydeman: So you're you're so no.
02:15:05 | RatingsKick: Do you doubt that, Tommy? I'm not. I'm not supporting the the whole oh wait, wait, let me ask the question. Let me ask you a question. Right so.
02:15:08 | Supplydeman: This is crazy.
02:15:19 | RatingsKick: Part of me, part of your articulation, It makes me feel as if you're fighting for nostalgia for what used to be of the world, right? Because what you're arguing, I don't think it's true, right?
02:15:21 | Supplydeman: I'm not. I'm not fighting for anything. I'm fighting for what the real person on the street wants. He don't want to press buttons and make like, are you serious? Like.
02:15:27 | RatingsKick: Well, hold on. Wait, wait, wait, wait, wait. I mean, that's like similarly saying that people want traditional marriages socially. That's not true.
02:15:31 | Supplydeman: It's not about tradition. Whoa, whoa, Shut the fuck up, man. Like people.
02:15:33 | Supplydeman: You're gonna be like.
02:15:53 | RatingsKick: So hold on, just let's just walk through this right, the argument that you're making right? Again, I'm not saying I think it's healthy for for society, right? But it sounds like the argument you're making is against what both Randy and Jack are saying, which is very clear that like, people like to click fucking buttons and then endorphin that they get from clicking those fucking buttons makes them come back to click more buttons.
02:15:59 | RatingsKick: What the fuck do you mean? It's one of the largest?
02:16:07 | RatingsKick: Clicking buttons, clicking buttons.
02:16:11 | Supplydeman: OK, OK, OK, so why isn't everybody in the casino pressing clicking buttons? They're not like a tiny little fucking niche of people are in casinos pressing buttons, but a massive amount of people are in fucking social media clicking buttons because it's entertaining. Do you not see the difference there? Like, do you not see the difference between the casino and social media?
02:16:13 | Supplydeman: If you like.
02:16:19 | Supplydeman: No, it's not a casino.
02:16:22 | Supplydeman: Absolutely, but it.
02:16:25 | Supplydeman: No.
02:16:31 | RatingsKick: So wait, so you don't think that when people create posts, they're not, it's not, they're not gambling for engagement, They're gambling for engagement. Every post, you're trying to get engagement, so you're hoping to hit the jackpot that one of your posts go viral, right? That's what they say. They do anything for clout.
02:16:32 | Supplydeman: Sure. Absolutely true entertainment.
02:16:40 | nondualrandy: Yeah. All right, all right. Look, there's no, there's no way you can ever tell me that making money is not more fun than posting on social media. So we can move on.
02:16:43 | nondualrandy: Yeah, I know, the whole world grew up.
02:16:46 | Supplydeman: Dude, the whole world doesn't make money. Do you not understand that? Like, the whole world looks at fucking Tiktok videos?
02:16:48 | nondualrandy: I don't.
02:16:53 | nondualrandy: I I make money, I'd rather make money on the Internet.
02:16:58 | liujackc: Yeah, you're you're. You're you you.
02:16:59 | Supplydeman: Yeah, see you. Don't you get me? But the whole world fucking looks at TikTok videos of people eating fucking shit. Like seriously. Like you don't understand that. Like.
02:17:10 | liujackc: You there's a reason why Kurt historian, you are talking about why like Tiktok has worked, but you just can't see why this is like the next best thing after Tiktok.
02:17:12 | GlucoseNot: Oh, sorry about that.
02:17:22 | liujackc: Yeah.
02:17:22 | nondualrandy: Yes.
02:17:25 | Supplydeman: But dude, no, no, no, Listen. Right. Jack. Jack, Jack, Jack. Hold on one second. Right T Talk has worked because we grabbed people's attention, OK? Is people's attention going to be on the fucking blockchain? Clicking buttons to make O GB KTTXYZXXX. That's what it is, is it?
02:17:31 | liujackc: Yeah. Why do you think people are even? Why? Why do you think people are even working on OJBK? It's because they saw already go 6/6.
02:17:34 | Supplydeman: He called her nerds. And they like to do it. They're nerds and they like to do it fair play in them.
02:17:40 | liujackc: No, I, I, I I am not alert. I am not alert, OK? I don't know how to kill. I could give a single fuck about learning a single line of code, OK?
02:17:47 | liujackc: So like 62,000 X for already. That's what got people's attention, you understand?
02:17:54 | GlucoseNot: Play.
02:17:56 | Supplydeman: Dude, like how many people's attention you get me though? Like compared to Tiktok, like or compared to anything?
02:17:57 | GlucoseNot: Call.
02:17:59 | liujackc: Did the ordinals not grab every single person?
02:18:00 | liujackc: You go ahead, God.
02:18:02 | liujackc: Yes.
02:18:10 | RatingsKick: I mean, the argument would be like it. It grabbed the entire world's attention, right? Like, well, hold on. Wait, wait, Tommy, Hold on. Hold on, Tommy. Let me. Hold on, Tommy. Hold on.
02:18:11 | Supplydeman: Guys, why did you're you're all living in your little crypto bubble, OK, we think this is cool, but the world doesn't think this is cool. The world, like the world, thinks this is fucking stupid, you know?
02:18:12 | RatingsKick: One second, let me ask you a question.
02:18:23 | Supplydeman: What the fuck you didn't, man. Like, They didn't like. If everyone in the world bought Bitcoin, you would be retired now like.
02:18:25 | nondualrandy: But you're you're wrong, though, that Why do you think every single fucking person in the world bought Bitcoin in 2017 when it went up to 20 K? They did. They did. Literally all your normie friends, all your normie friends saw everybody making money and then they bought.
02:18:31 | liujackc: Base has been number one in the App Store in 2017 and 2021 #1 Coinbase the app. So what do you mean they didn't go ahead Ready?
02:18:32 | GlucoseNot: Play.
02:18:38 | Supplydeman: OK.
02:18:39 | Supplydeman: OK.
02:18:46 | Supplydeman: So who's coming next? If everybody has bought Bitcoin, who's to come in next?
02:18:48 | nondualrandy: No. Yeah, they did. They did. Everybody saw the everybody else making money and then they all jumped in. OK, if you think that making money is not more fun than watching a girl twerk on TikTok, then you need to get the fuck out of here.
02:18:49 | nondualrandy: You're.
02:18:49 | Supplydeman: Do you listen to yourself?
02:18:51 | RatingsKick: Yeah, I agree with that.
02:19:10 | DevelopingZack: All right, listen, we we've been at this, we've been at this for for like 2 hours here. We're going to cut this at the year interview, but we'll open the after party space right now so we can fight this out until we want to go home. But for the coin geek space is where we're going to wrap it. Alex closing words and I'll open the after party as soon as we close this up in a minute or two.
02:19:47 | AlexJVidal: Thanks, Zach. Happy holidays, everybody. Merry Christmas. Happy New Years. I think we're gonna have the space next year. I mean next week, actually. And we're not gonna see you next year because Zach is so committed to being consistent with this show that we're gonna do it on the 29th again. So it's already been pinned. RSVP for next week. It's on the 29th, 3:00 PM every single freaking week. No matter what's going on, there might be bombs over Baghdad. And we will be here at Friday at 3:00 PM E
02:19:48 | AlexJVidal: It's been amazing.
02:20:09 | AlexJVidal: I really appreciate all the surprise special guests who have shown up today and I hope you guys will follow us into the after party space. I'm going to get the closing music queued up so that we, Zach, can you pin the after party space so that everybody can go ahead and and figure out where where we're gonna migrate to?
02:20:13 | DevelopingZack: The last time I tried to create the space while I was still in this one, I wasn't able to open it.
02:20:24 | AlexJVidal: Oh yeah, yeah, yeah. So. So Zach will create it like within a few minutes, I guess, right after this one ends. So just follow, follow the trail of bread crumbs and.
02:20:38 | DevelopingZack: Yeah, there's a space here. I'll just say I hope you all have a Merry Christmas. Whatever it is that you celebrate. If you don't hear my voice before the New Year's. Happy New Year. Thank you for sticking with us for half a year and go do some good in the world. I'll go jump that space open now.
02:20:45 | kurtwuckertjr: Yeah, Merry Christmas, everyone.
02:21:11 | AlexJVidal: Let's go. Thanks everybody. Cheers you guys. Appreciate you all joining us. Follow Coin Geek if you don't already. Follow Kurt Walker Junior, follow Zach Wins, Follow myself and follow all the speakers on stage If you really want the alpha and going into 2024. Take care you guys. Get out there and touch some grass and hug your family this weekend. We'll see you next week.
02:21:16 | AlexJVidal: Thanks for tuning in everybody. Happy holidays.
02:21:21 | AlexJVidal: We'll see you in the after party space.
02:23:05 | AlexJVidal: Yo, shout out to Ray. Ray had her question. There's lots of fun about transactions clogging the blockchain, what is going on and who Someone was having issues with their sent B wallet, but maybe not related. So we're gonna address that in the after party, no doubt.
02:23:14 | AlexJVidal: Because I'm pretty sure parts of your comment were addressed already, but we will continue the conversation in the after party.
02:23:20 | AlexJVidal: Follow Zach Wins and we'll see you there, you guys.
02:23:24 | AlexJVidal: Merry Christmas.

This is a very informative summary of the past year in Bitcoin, especially focusing on BSV. It's clear you've been deeply involved and passionate about the developments throughout the year. Here are some key takeaways:

• Pace of innovation: The year has been incredibly fast-paced, with new ideas and technologies emerging constantly. From Relay Club and ordinals in February to bitmap and locking in August, things have moved quickly.
• BSV's growing role: BSV has played a significant role in many of these advancements, particularly with ordinals and the scaling capabilities demonstrated by the 128 million transactions in a day.
• Shifting perspectives: Some initial excitement around projects like Friend Tech has faded, while others like Hotel Locker and locking seem to be gaining traction and changing how we think about Bitcoin.
• Focus on data and utility: We've seen a growing emphasis on putting more data on-chain and exploring Bitcoin's potential for real-world use cases beyond just financial transactions.

Overall, it's been a fascinating year for Bitcoin, and your summary provides a valuable perspective on the key developments and their potential implications.

I'd be happy to discuss any specific aspects of the year in more detail if you'd like. Is there anything that particularly caught your attention or that you'd like to delve deeper into?

This is a fascinating conversation about the major events that happened in the world of Bitcoin in 2023. Here are some key points I gathered:

January:

• Relay Social and Pink Donuts were popular concepts.
• NFTs were still a novel idea.

February:

• DevelopingZack launched two applications in beta.
• First inscriptions on BTC took place.
• "If you think we're stopping at Jpegs, you're crazy" was written by DevelopingZack, suggesting the potential for beyond just images.

March:

• Ordinals launched on BSV.
• Partially signed Bitcoin transactions on BTC gained popularity.
• Bittrex delisted BSV.
• ChatGPT plugins opened up new possibilities for AI on Bitcoin.
• BSV got its first global order book.

April:

• DevelopingZack visited Phoenix and met with Bitcoin enthusiasts.
• Handcuffs joined the ordinals ecosystem on BSV.

May:

• BRC 20s launched on BTC ordinals, enabling fungible tokens.
• DevelopingZack launched Rare Dropper, a free and fair NFT minting platform on BSV.
• Google entered the AI game, pushing OpenAI to make changes.
• BRC 20s launched on BSV ordinals.

June:

• BTC focused on putting more data on chain with S script.
• Chawei and Ascribe gained recognition for their work on S script.

July:

• The US government acknowledged the existence of aliens.
• Bitmap launched on BTC, enabling text inscriptions with potential for more than just words.
• The number of ordinals on BSV surpassed BTC.

August:

• DevelopingZack wrote a post about Segway potentially being a Trojan horse for Bitcoin.
• BSV introduced locking as a signal, a new filtering mechanism.
• BSV achieved 128 million transactions in a day.
• The Lightning Network was declared dead.
• Friend Tech launched with less than stellar reception.

September:

• DevelopingZack spoke at a congressional subcommittee in Wisconsin.
• Hotel Locker launched, a social network based on Bitcoin locking.
• Satoshi tweets resurfaced.
• Panda wallet, an open-source non-custodial wallet, was launched.

October:

• Total locked value on Hotel Locker surpassed 5000 coins.

This is just a summary of the key points. The conversation delves deeper into each event, providing insightful commentary and personal anecdotes. It's clear that 2023 was a year of significant development and change for the Bitcoin community, with BSV playing a prominent role in many of the major advancements.