Surprise AMA March 27, 2021

oh yeah I forgot I had to click a button to turn on sound I was just about to do a whole AMA no sound but thank you guys hi this is Charles hoskinson broadcasting live from warm sunny Colorado today is March 27th 2021 and it has been a very long month it has been a very long week I am exhausted in every way possible but I'm still here because I love you guys and I love doing these and they're a lot of fun just a reason why I'm sometimes mute I actually have to manually push the 48 volt button on the the amplifier with my Linux computer with my Windows computer I don't and so sometimes I forget that I have to push the button until you guys remind me okay well we did marry this month 10 000 plus assets have already been issued a lot of them are nfts and useless things but good to see that people are experimenting and exploring we had the cardano update at the end of the month we announced the tentative dates for Alonso and we kind of walked through what the rollout is going to look I think it's right on target we're feature complete in Q2 and then it's just a matter of making sure that everybody upgrades and is off to the horses tons of things going on with Catalyst hundreds of projects getting funded lots of people doing interesting things it's going to take me a while to read that whole list of everybody funded with fun too fun three excuse me but I will and an enormous amount of development work ongoing right now the pollutist team is overloaded and The Ledger no team is overloaded they're basically integrating everything together and we've added a lot of extra resources surge resources specifically to address and deal with integration problems bugs and concerns a lot of other things that we're modifying and adding and it's just moving along long Africa special with any luck we should be able to do that in April but we'll see things are looking really positive right now we're chugging away moving along I just signed the decision memo to start hiring in Ethiopia we had a small scale office and we're now turning that to a much larger office we'll also start looking at Ethiopian universities to see which one we want to put a lab at but not to be outdone it's a pan-african company not just an Ethiopian company so we're looking at other African nations and in particular Ghana is the next site of our class however the class will be pan-african meaning that people from all across Africa apply and join and learn and we're going to try to teach at least two or three classes per year throughout Africa to train developers now we won't hire all those developers but other people will and my suspicion is that Catalyst will well more than saturate that Pipeline with lots of good talent about thousand plus people have already signed up for the police Pioneers program we just announced it so poor Lars he's gonna have to find a way to train that many people to write Pluto's code so we'll see if he can do it we'll give him as much support and love and grace as we can but it's going to take a bit but there is one thing that I I would like to hang on a second I have to block these Turkish flag guys they come in my channels and just Spam there is one thing that I've noticed that has really started becoming a problem since we started surging there's more notoriety and people are paying more attention to cardano and there's a lot of wonderful Goodwill and positive comments and people have said wow cardano is great we love it they send me great thank you notes and resumes and t-shirts and stickers in fact I got some of them right here so this is some rats stickers for my rat steak pool and that that's really fun in reassuring unfortunately taoism it tells you that for there's a Ying there's a Yang so if you get a lot of positivity you get a lot of negativity and I I spent quite a bit of time this week thinking about the negativity thinking about why people are saying and doing the things that they're doing it's not just internet trolls who are [ __ ] posting they're real people like with reputations and Brands who are saying things that are actually getting to a point where we could sue them for slander if we wanted to and I'm asking myself well why would people throw away their reputation why would they lie why would they say these just outright horrible false things why would they take it this far what's the upside in doing something like that and I think the issue is that there was a narrative about me and about cardano and this came from some of the people who helped found ethereum and that stuck and in those people's minds Charles hoskinson and everything he touches is just a vanity play of pathological lies narcissism and sociopathy there is no cardano it doesn't exist there is no IO Global it's all one gargantuan scam for my ego they just believe that now when we were small they said oh okay well we'll write it off and then now now they see cardano surging and it's getting to a point where there's a real possibility that cardano could become the dominant cryptocurrency smart contract platform within the next 24 to 36 months but if you live in a reality where all the things we've done don't exist then in their mind they're protecting the industry from bitconnect plus plus plus from onecoin plus plus plus they have to tell everybody from the top of the towers that this tsunami scam is going to be an existential risk to everyone and then you show them evidence to the contrary you show them all these research papers the code the fact that we have proof of stake in ethereum doesn't no amount of evidence will convince people who have already drank that Kool-Aid and so they're saying slanderous things we don't have deals in Ethiopia we don't have deals around the world we we don't do this or that or cardano doesn't exist or there's never going to be a smart contract every date is a lie and even after we ship it's not real proof of stake doesn't exist whatever it might be they believe it down to their bones a cult member believes the leader is going to save them and give them immortality or something like that so I'm not sure what to do with that I really am not but it is exhausting it's profoundly exhausting I've noticed a a big uptick in personal threats death threats I've noticed a big uptick in just Relentless and brutal criticism and it's and if it was just directed towards me it wouldn't be so problematic as I said I have a pretty thick skin these days I don't really care what people think about me my life is pretty good but what happens is it's now being directed towards the Agents of my company my employees my contractors our associations and relationships some of our Labs have been bombarded with this negativity and scientists writing papers with us have been cold called and emailed saying don't associate your brand and reputation with this obvious scam they're just using you for your reputation meanwhile they're having academic conversations about zero knowledge cryptography and multi-party computation and we used to be able to laugh it off but it's getting worse and worse the other thing is that there are definitely some scams that are starting to brew inside the cardano ecosystem and we're getting to that point where Predators come in and they try to Prey Upon The Good Will and passion of people now our ecosystem is very different our ecosystem is very smart and so I've begun setting up a group of people within my organization who do nothing but think about scams and software to help ameliorate scams now this used to be things like giveaway scams those are obvious and everybody in the industry knows but there have been press releases about a fund in particular in a project associated with it that have come to my attention and upon further due diligence and digging we legitimately have concerns so what we're going to start doing is systematically looking into this and then we're going to use this as a case study for how we as an ecosystem can come together and have kind of an antibody an immune system that helps vet things that are said and done and scams that are proposed and hopefully that'll help a little bit now we can't stop all of it it no one can but at least this gives people who have a law enforcement background or an investigative background a place to volunteer and perhaps even work with funding to help Target these things and call them out so as our investigation concludes that particular fund will make some announcements about it or share it with an investigative journalists to let that be the way of doxing it but that's just a moment and the problem is that because there are tens of billions of dollars and this is a big ecosystem with lots of people many more will come and we pride ourselves on this concept of self-governance we pride ourselves on this concept of our ability to intervene and solve problems and I'd like to believe that we can come together as a community and resolve these things now for my part I'm a little tired I'm probably going to take a little bit of time off at some point after we're absolutely sure everything we pronounce for Alonso is good to go and there's still just a little bit more of a push and then I'll take a week or two off because to be honest with you there's just only so much mental abuse and emotional abuse and negativity you can absorb as a human being before you say all right I need some time off second we've been going over time now for three and a half months and we just keep adding and the problem is that cardano's hot stuff and people want it so I'm usually one of the guys involved in that commercial Pipeline and I'm trying to get it to a point where we have more people to augment assist but until that happens and we're hiring rapidly we're probably going to hire another 100 to 200 people I'll just have to tank it out that's why I got my couch back there and all the blessings and Goodwills that you guys give me and I'm quite excited to keep hammering away at it and at some point then I can take a nap I'll take a week or two off I'd love to travel again especially given that we're about to make some very significant strategic Investments this year we probably will invest around 15 to 30 million dollars in research and development it's our largest budgetary item for any single thing and that gets me really excited because I get to open up lots of labs that do things that I never thought would have a chance to study like complexity Theory and we can think about systems and we can think about political science and we can really scale up the economics and game theory side of our research portfolio but then also organizational psychology things about how to run a business operating system that's truly decentralized and other things that have been a passion of mine there's some side passions like finally I'm going to start subsidizing mathematical research we're just about to give a grant to Jeremy avogad over at Carnegie Mellon he's a famous logician and he's a big member of the lean space and I'm very excited to start making sure that he can get back to his textbook lean for mathematicians but we have big plans to invest heavily in lean and get that framework where it needs to go so that we can build up the formalization of mathematics in a programming language and I think lean is the perfect language and the perfect project for that endeavor and I believe Jeremy is the perfect Professor to bootstrap and spearhead that work now that's just the beginning over the course of my life I'll probably put in tens to hundreds of millions of dollars in that effort alone because it's unfinished business from a prior life of mine before I entered the cryptocurrency space and I think it's something that would be a good Legacy for mathematical research and for the next generation of math grad students that come and want to solve great problems mathematicians are getting too specialized and they're starting to not know each other anymore or read each other's work and it's about time we bring that back that's an example of a passion project another passion project of mine is micro mechanization many of I'm a farmer and also a Rancher I am finishing up buying a ranch up in Wyoming but getting 400 bison with that and that's going to be fun but on the farm I grow hay and I have a John Deere tractor and a Massey Ferguson tractor and they're horrendously expensive and they're tremendously useful as farm equipment but there needs to be disruption Innovation there in the developing world if we're ever going to mechanize things and so it would be really cool if you could 3D print a lot of this stuff and you could manufacture it local so one of the cool things about having a relationship with the University of Wyoming is that there's a big AG Tech program there and they think about these types of things so I'm going to be visiting that University quite quite a bit and that's another example of a passion side project that I'll be funding is how do you build equipment that's very useful in rough and rugged locations and you can locally manufacture it without a very sophisticated its supply chain now on the Africa side in particular we finally got to a point where we can do more than just push through government relations and as we start closing these foundational government deals really we need to start doing a poll model where we build consumer products we were waiting for both prism and for cardano to reach a certain level of maturity and also Catalyst to reach a certain level of maturity before that made sense and we also wanted to approach that with a partner-driven process so we have our relationship with ice Addis and we're just going to keep deepening that relationship and keep strengthening and keep putting more money in because they have tentacles into 25 different countries in Africa and they've been around for quite a bit of time but above and beyond that I think we're probably going to create a line item around the 10 20 million dollar per year for strategic investments in infrastructure training and project development commercial development and a pan-african sense so this will be the second largest line item in our budget as we enter 2022 so one of the reasons why we were a little resistant to doing that earlier was that covid hit and we were just about to start that tour I was going to go to Uganda and Tanzania and many other places and meet lots of heads of state and begin that process but then everything closed down unfortunately because of policy decisions of the United States from this Administration and prior Administration and the European Union there doesn't seem to be a strategy for how to vaccinate the developing world so that first means coronavirus is here to stay permanently every year it'll come back with a new strain the flu and hopefully year by year we get a little bit more immune to it and hopefully medicine evolves at a nice rapid Pace but this could have easily been solved with a buy one get one free program every developed country that bought a vaccine donated a vaccine to the developing World there would be ample supply for everyone in Africa South America southeast Asia and other places then we could vaccinate the whole world and end this pandemic once and for all it's not going to happen so this is going to hit many nations in Africa particularly hard and there's nothing I can do or no one can do to resolve it because this is the provenance of geopolitical policy and Nation States not entrepreneurs so we'll do our best and I'll still go on a great tour it'll be a little harder and it'll have to be the second half of this year and that's okay but we'll still make these foundational Investments and be strategic and careful about them we just wanted to make sure that we first got a collection of Competency Regional credibility and a lot of operators who exist in those jurisdictions and understand fact and fiction understand timelines can actually help us create realistic strategies or else we end up doing the same thing that Bill Gates did with the Bill and Melinda Gates Foundation where he dumped tens of billions of dollars and got sub-optimal returns you can spend all your money no matter how rich you are running around trying to save the world that's not what we do we try to find business structures that work for everybody that are sustainable and if they are going to stick around they allow themselves to grow and propagate and make the world better for each person okay now wow that's my update not too bad almost 20 minutes of updates let's get to your questions huh right here price obsession is a disease Ada is one of the most stable because the community relax I will comment on this I have noticed an unhealthy obsession with price everybody comes to me as if I have magic levers I can pull to make the price go up or I pull and somehow the price goes down that's not how any of this works these are markets I don't know why the price does what it does but it does second I've noticed an unhealthy obsession with people asking us to try to manipulate the price of data in particular through the process of burning tokens now I don't know why people think there's some giant pile of ADA somewhere that is not distributed that I can just push a button and burn it's not possible all the Ada that is circulating belongs to people literally every Ada that you see on coin market cap when it says total Supply is assigned to a human being so if you want to burn Ada you actually have to go to one of those human beings and ask them to burn it but yet I'm asked every single day over Twitter it's kind of strange favorite Miyazaki movie Spirited Away probably or My Neighbor Totoro thoughts on the Mina protocol or Boris plus snarks they reached out to us and said they were going to be the first to implement orbor's prowse it was back in 2018 they're still not Market with it we were skeptical when we had a call with them I remember if silly zikas was there agalos was there I think Duncan may have been in that call as well everything that they've written is reasonable although recursive snarks are still a deeply theoretical artifact and there are great papers like Halo infinite and others but they also tell you very clearly that there's still a lot of unsettled theory in unsettled application so I always get skeptical when the science is not completely settled about people who Proclaim that they can create the ultimate blockchain for it that said they're doing the standard Silicon Valley thing they've raised a lot of money and of all ravacant I think is one of their investors and they've gotten a lot of Buzz and all and yeah we can't argue with the value proposition they're basically saying you can have full node security for 22 kilobytes forever no matter how big the chain gets how many transactions occur in the chain that's a pretty remarkable value prophecy decision so we think a lot about this topic and we're setting up a stark Lab at University of Edinburgh and this is going to be one of the line items in that 15 to 30 million dollar research agenda probably in the one to three million depending upon the graduate students post-docs and professors associated with it and also the engineering side that's associated with that and recursive snarks is one of the things that's in the research agenda and given that Stanford is now writing about it we're right at the right time Dan Bonnet kind of stands out and just Waits a little bit it comes in a ninja and right when it's getting good you saw that with homomorphic encryption and a lot of other things and so the fact that he's entered the space tells you that the next 24 months the 36 months we're going to see a systematic series of breakthroughs on both engineering and also on Theory so I don't think anything they're doing is unreasonable and I understand the team is doing a borrow instead of build strategy which is why they like or worse the same for polka dot and there's nothing wrong with that but having dealt with this technology ourselves I will give a little bit of caution that be careful with timelines and proclamations we're one of the few companies in the world that actually has implemented a snark we created something called Sonics and we implemented rust that exercise took us 18 months with a team of rust engineers who are very good doing nothing but that so it is really hard to do this code well and implement it at a standard where it actually works foreign is there going to be a public test net for developers so that any dap developer can get started yes that's exactly what I announced I thought people would be super excited unfortunately we saw multiple articles right after the announcement that Gogan was delayed if I could ever say go [ __ ] yourself in the loudest tone I I mean that was a moment for it we were so proud and happy everybody was incredibly excited and then we just see the garbage and yeah it's coming in May that's the whole point of the Pioneers test that it's public you guys can use it to pull your applications I wish I could give you more time on that test net because people legitimately need time to build up these things so that's that's the point that's the intention all right how was the call with Nova gats novograts reached out to me over Twitter he said you will talk to me on Monday I and I said well I'm busy guy talked to my secretary and let's see if we can schedule a time we're right now in the middle of a lot of leases so we haven't had the phone call yet but we will I'm happy to talk to him and talk about ADA or anything he's interested in you guys take a bit too much stock here novocratz was Joe lubin's roommate in Princeton he's an ethereum guy there's that's through and through so maybe we can convince him that cardano's an actual real project I think he's probably drinking from the ethereum Kool-Aid and thinking that we're a scam and I'm a pathological liar and a horrible human being he's read the books that I've read foreign hello from Iraq we love you Charles rock is one of the prettiest places it was actually the home of Babylon and the ruins are there I actually have cuneiform tablets right there foreign hi Charles did the mic that you're using the same mic that Michael Jackson used to record the vocals on Thriller I did not I pray I don't suffer the same fate as him that's a nice piece of trivia how is the supply chain chip research going for those of you who don't know that's a trusted Hardware platform and actually we're trying to see if we can couple it with risk five and that's currently a project out of the University of Wyoming so we're at the stage where we went as far as we could go with the local faculty and we said we should hire somebody to bring them into the lab so we found a great gal and I believe they're still in negotiations for her to come and start and actually part of that 15 to 30 million dollar budget will be setting up an Industrial Research Center that does something like that but we're also likely going to use the University of Wyoming for a smart contract engineering Institute but we're not quite where we need to be for that so I'll wait a little bit of time you need to get on Lex and then Rogan battle all these credibility attacks I'm going to be on Lex Friedman he's asking me to come on as soon as April and I told him June I'm actually got to email him back great guy and I'm excited to go on a show and Rogan we can get on it's just a question of strategy and timing I want to wait for the Rebrand of iohk to iog and also just a little bit more done in cardano in our projects so that we can actually have a nice funnel for all the people to come into that's a 20 million person audience and so you have to be a bit strategic about the best way of handling that foreign have you ever been to Poland yep Krakow and Warsaw Charles woodlight coined partnership looking I'm waiting for a lip to be written the team that was going to do that they left and started their own company we went to that team and said Well we'd love to give you guys some business and they wanted to charge me an astronomical amount of money after I'd paid for their phds and had them work at my company for years so we said we'll just do it ourselves unfortunately that slowed us down a little bit for writing the lip but I do have somebody for it it'll just take a little bit longer and then the Litecoin Community can discuss it and we'll use that same internal team to go and write one for Bitcoin cash and for other ecosystems and that's on the NEPA Pals side that's the life of a CEO you never forget the good things you do for people Mr hoskinson what video game ipd you on and plan to work on one day I own Legends of Valor I bought the IP for that I'm also going to create some original titles and I'll license some things in the Pathfinder world and so forth we're gonna have a lot of fun what I'd like to do is Resurrect The Gold box engine and clean it up for like gateways traffic Frontier and treasures the Stafford Frontier and keep it in a retro sense so keep that same taste and feel but then make it obviously ready for 4K and really beautiful and nice visuals and music and obviously you can have a much better user interface because there's 30 years of modernization and it'll be a lot of fun to do gold box style games in the Pathfinder setting so we'll see what we can do there but it honestly is just not a a priority of mine I'm just so damn busy with everything else all right foreign from Dr Michael lesser Charles it's my birthday could I get a happy birthday wish yes Dr Lester happy birthday to you Charles I grew up with Sierra games any love well yeah Freddy Farkas right Sierra games online and they did a lot of adventure games and I think Sierra also was the publishing studio for Lords of magic when and where might someone apply for your coming game development studio it'll be based in Wyoming I haven't named it yet but I already have several projects that I really want to get started unfortunately I put it on hold because I had the cardano stuff but also because my brother wants to start a biotechnology company and so we're right now starting that and setting that up as a Wyoming based C corporation and getting all the IP and all that other stuff and that that'll be set up around May so the game company had to take a back seat but we'll get around to it what sort of practices do you do to maintain yourself amongst all the [ __ ] just to show you how bad things have gotten I also use float tanks isolation tanks and I tell you it's one of the best things you can do to de-stress the facility that I use for float tanks and isolation tanks is literally next door to the king supers where 10 people were brutally murdered I almost went that day to go flow it was isolate is the name of the center and it's like right next to the king supers like where 10 people got brutally murdered and then you tell people 10 people have been brutally murdered and then you have people on Twitter yell at you about it and say when Moon and [ __ ] you and cardano's bad and you're a scam while you're giving condolences to 10 people dying there is some seriously [ __ ] up and wrong with the world and no social consequences the people who do these things none whatsoever we live in an age where everybody just says stuff and it doesn't matter if it's true they get away with it and I don't know what to do about it I really don't they say don't let it bother you but then it escalates and it escalates and eventually people get deranged and we see the outcome violence are we just going to live in a world of mass shootings are we just going to live in a world where death threats are okay when people mail you white powder and say it's Anthrax that's okay are we going to live in a world where people half the people in the world hate the other half the people for reasons that aren't even true this is honestly where we're gonna go turn the other cheek doesn't work in this scenario there's something just seriously amiss and wrong foreign gaming companies utilize cardano at all oh absolutely I mean everything we do there's always going to be some Pitch I'm a sales machine guys I I tell people to [ __ ] off on Twitter I can sell that for seven thousand dollars I mean come on let's do it this right here is Chateau cardano so there's this guy named ed he lives out in Napa Valley in California and he's a big cardano fan so Ed said hey I'm just gonna name my wine after cardano how about that so we had a call with him and then I'm like Ed we need to get your wine on the blockchain man we need to get a QR code right here and let's do a supply chain and Link it to what we're doing in Georgia how about that so of course everything we do there's going to be something the game company I'd love to do nfts and in game currencies and other things and connect them to assets on the Cardinal blockchain on the biotech side we may do EMR it might be something we get into but I'm not sure but anything we do that involves a supply chain will almost certainly be blockchain based but yeah it's just just who I am it's what I do Italia CCC what's amazing to me especially with these live streams we have people come in and say my project in this case h bar which is a centralized garbage because it's patented is far outperforming Ada and scalability and TPS so is Amazon web services you're about the same and they're already working with the biggest African Bank what are your thoughts this is a Charles hoskinson AMA and a cardano Centric thing right what the [ __ ] do you think I'm gonna say honestly honestly why are why are you here what is your what do you want to accomplish like like let's have an existential moment okay you take a step back from the keyboard and really just look at yourself in the mirror and say what did I accomplish today congratulations you got me to talk about you was that what you wanted to accomplish is is that what you wanted to do are you going to go to the coffee shop now and order your latte and tell all your friends I cannot believe I got Charles to talk about me and my project boy that's exciting I did good so many people are going to support my project now and buy my tokens and I'm Gonna Be A Millionaire because they're buying my tokens because I got Charles to talk about it I mean honestly what do you want people is this really life for you you could ask any question we could talk about anything I could talk about this beautiful 3D rendering of Mr pinsky's triangle that's that's an in a pyramid we can talk about all kinds of stuff but what you want to talk about is a coin I have no interest in no desire to talk about because it's patented and I've already told you that's my position now you can disagree with that position that's great and they obviously do so you hold it good for you but why do I care Microsoft has a lot of great government relationships they have lots of intellectual property and patents when they open source truly open source like Microsoft did with.net then I took.net seriously I said yeah I'd be willing to do a.net project when it was proprietary I didn't know how anything about that ecosystem didn't I'd never written a single line of F sharp or c-sharp the minute they went open source I actually wrote an F sharp program so think that through and ask yourself why does one person in the world have the ability to stop someone from using that product defensive I've never applied for a defensive patent I don't get it sometimes I really don't what people want to achieve what they want to accomplish just bought hbar thank you you are welcome good for you have fun why do you think that affects me why do you think that bothers me you people say I sold all my Ada or I bought Ada or I bought this compare and contrast I don't make money if you buy Ada I don't lose money if you sell Ada okay you're not buying Ada from me it's not I have a vending machine with a big Ada symbol on the side you go put a dollar in you buy your Ada and then somehow I get that dollar that's not how this works and if you buy hbar it has no impact on my life at a sky none oh my Lord people Charles can you solve a Rubik's Cube yes but not as fast as a mantis shrimp what are your thoughts about dfinity and Dominic Williams I've called Dominic way back in the day we used to talk on Skype years ago and then he raised a bunch of money for dfinity and then they decided they were going to be a Haskell science shop and so they started hiring Haskell developers and they started hiring scientists what really pisses me off about Divinity is they've been trying to poach some of my people and so they're on my [ __ ] list forever if you try to actually poach my scientists or Engineers we're not on good terms so I'm sorry Dom I'm going to now try to poach your people and that's just the way it is my people don't leave usually because they like working at the company we do interesting work but it's a discourtesy to attempt to do these things and I have no idea why you do that you're out there in California living the valley dream you raised 150 million dollars why would you do that but nothing but nice foreign yeah this right here was the tweet I sold that one for seven thousand dollars and that was a reply to a person that mocked the death of 10 people at the supermarket where is your complaint against that person Bobby where is it why am I the bad guy in this one fighting for people who had been murdered why is that acceptable what social consequence will that person face yeah I'm sorry we we live in a world where there needs to be reciprocity so where is it Bobby it's not there you friends with Elon I've met him a few times but no I'm not friends with him I barely know the guy he barely knows me I lived in Austin or California I think we'd rub shoulders more interesting guy how will you celebrate D equals zero I'll do a live stream with you guys we'll celebrate it together where did the sales proceeds go I did a live stream this is another thing I do a live stream I donated it to the people who were murdered alongside two thousand dollars of my own money so I donated nine thousand I raised seven thousand and then people said I sold the tweet for profit and I didn't donate even though I live streamed the actual donation this is the world we live in you can see how frustrated I've become Totoro exactly that is a Totoro I purchased at Narita Airport I flew back with it came with me business class sat in that little table they almost made me buy another ticket because it's Totoro so this is the Boogeyman that isn't I'm scared of investing money in the power of quantum Computing being able to attack and take funds in the future your thoughts on Quantum Computing and how it could be a POS or negative in the space so I assume you're saying positive or negative in the space I'm not concerned at all next five years we'll clean all that up hey Charles have you ever ever owned an Oliver tractor I do have one actually Charles what's happened with the quad stamp on it I think it's already out actually let me ask Charles Morgan right now I think they're done with the audit and the report should have already been publicly released but I am going to ask our director of cyber security and chair during this live stream just got to open up Slack and it's virtualized so it just takes a second to open up okay scrolling over see this is some real-time prodding right okay direct message Charles Morgan all right and then Jerry moroney all right whatever happened with the Quant stamp opted could you send me oopsie could you send me the final report okay so as soon as Jared and Charles get back to me and it's Saturday so I don't know if they will I will reply back with the report and if it was never publicly released I'll make sure it is but my understanding was that it was released because we tend to release those reports about a month or two after reconciliation [Music] much love for you here in Germany well thank you Game Dude I love Germany Charles you play any instruments yes I do I play the piano poorly what to do what's your favorite genre music all over the place I love classic rock especially Boston and CCR and so forth getting a lot into country these days because I'm doing a lot of farming and ranching stuff and you just absorb that through your tissue because that's what happens and I also listened to like in the lambo synth wave and things like that yeah foreign how do you find investors for a project actually really interesting questions so two days ago three days ago we had a VC meeting with the art Tano guys they came on in and they actually came in about a week or two ago and I said come back when how to do a business model canvas and I actually gave them a class on Coursera I said take this class it'll teach you how to do a business model canvas do a canvas let's talk around the whole thing so they came back and they did their presentation again and I had my VC people there and Pam was there and chair was there and others and we were quite aggressive in that meeting because here's the thing when you apply for money from a VC the thing you must know is where is your Market going to go and why are you going to win so for nfts for example I it's not my job to know who's going to win or fail in nfts and it's not my job to know where that Market's going to be if you're in trying to ask money from me you want me to invest in you you're a Storyteller and what you're doing is you're coming in and you're telling a story about where the world's going to be in five years or ten years and then you include in that story why you're the guy or the gal who's going to figure it out and get that done now there's a lot of execution details there's legal questions there's Founders agreements shareholder agreements valuations there's where's your budget at how much you spend on Market what's your customer acquisition cost your turn the case of nft marketplaces it's a multi-sided market okay so you have to have the producers and the consumers and then there's unique questions in every industry for example when you create an nft what the [ __ ] are you buying when I converted those two tweets the do who I am tweeting go [ __ ] yourself tweet one sold for seven thousand the other sold for twenty three thousand it is not clear to me what the person actually purchased I created something okay so we took a tweet we Associated it with a token this now lives on the ethereum blockchain and somebody showed up and bought it okay and it's for a good cause I'll use the money for microfinance and I donated it to shooting victims and so forth great but in abstraction in general when you purchase these things what are you buying I got art back there I got art here I I have a Vladimir Kush painting right here and this is a soul in hell and it's a 19th century painting I know what I'm buying when I buy those things copies or Originals I know what what that is but when you buy that tweet what are you buying okay so you have to talk about that whole thing how do you win why is what you're doing going to fundamentally disrupt or change whatever industry you're in and you're telling me that story now if I'm an investor if I'm excited and captivated with that story then what ends up happening is we become companions we want to live that story together so even if you have deficits those are just challenges but I want to go on the journey so okay who cares if we have to find a place to sleep who cares that there's going to be abandons who cares about all these things that's what makes it fun and exciting but I want to go on that Journey because the world you've told me is amazing and magical and exciting so that's how you raise money now everything else is a risk and your job as a post-funded entrepreneur is to play the game of de-risking and companionship you bring companions in and those people have complementary skill sets so I look at other things are you greedy or not I will never invest in a company if one of the founders has 90 or 95 I just won't do it I say you're all friends now but what happens when everybody gets rich and you get nine dollars for every one dollar every other person the company gets come on that just makes no sense it's not a sound and stable solid business structure it doesn't make any sense to me so in addition being good Storyteller you have to demonstrate the camaraderie and companionship of the people who want to go on this crazy Journey okay and you can't say well I will only quit my job if I'm going to get funded great so you're not willing to take a risk but you want to take my money to take a risk so where's your skin in the game that's the other side of raising capitals you have to have skin in the game every time I've ever gone out there and done something risky I was in a position where I made zero money and I was only doing that and the only way I wasn't going to starve to death and the only way I was ever going to have a bank account that wasn't negative was if I succeeded it's the moral equivalent of you're going to go fight some enemy you meet on an island and you set your ships on fire you see the only way we're cut getting off this island going home is killing the other guy and taking his ships okay if you can't put yourself in that position you're not an entrepreneur you're a entrepreneur you want the money you want the fame you want the success but you don't have the rigor the the drive I'm a little tired right now but make no mistake after I rest and recharge I'm gonna come back and I'll be ten times more competitive and vicious and Relentless as anybody else on the field I don't like to lose and no amount of money Fame respect ever ever gets me to a point where I lose that drive it's just who I am it's what I am and I it's what I'm I'm forged in myself it was not easy building cardano I had to travel 200 250 days a year I had to build a company while traveling I had to build a research group while traveling we had to write code and release it while traveling I had to deal with all kinds of things you'd never imagine again and again and again and I couldn't complain I couldn't wake up and oh woe is me no because people relied upon me either got done or didn't get done so you have to demonstrate that as an entrepreneur and where you can find investors they're easy to find there's a thousand accelerators there's a thousand incubators there's 10 000 VCS Catalyst alone has quarter plus billion dollars of funding but at the end of the day whether you get a check and a chance or you don't is whether you can demonstrate you're an entrepreneur or entrepreneur and entrepreneurs are great storytellers they tell you where they're going to go they demonstrate their grit they show that they can get great Companions and take them along with the ride and it's a fair arrangement for along with a ride and they demonstrate they're willing to do what's necessary to win foreign the Broncos well I don't watch football anymore Avalanche used to be huge Broncos fan loved football but just got too political and I said what it's great sport but you guys have fun with it the last games I watched were the super bowls with Tom Brady that's it when he retires he retires that's it there's no more connection to football for me ever again most delicious fruits stay healthy star fruit that's true Tom Brady is not retired but I only watch him in the big games he'll retired here or two there's no way the guy can just keep going Charles have you ever been to Iceland yep Blue Lagoon the volcanoes it is one of the prettiest places around there's some places in Iceland look an alien planet I love those glaciers they're a lot of fun to pair motor around finally a real question favorite League of Legends pro team I haven't followed League of Legends in a while either but I used to play League of Legends I was zareath and cassid and mid and boy I had fun and I love doing zillion bot zillion is actually if you can play zillion well and I used to be able to it was one of the funnest things in the world most fun Charles why Lambo you don't seem a materialistic person to me because I really like driving very fast I used to have a motorcycle I enjoyed that it's a bit too dangerous now so the Lamborghini is a nice compromise I got one for a Consulting gig that I did and I enjoyed it so much that I kind of stayed in the family and you can track race it you can do all kinds of crazy stuff and one of these days will get me killed but not today got a lot more living to do thank you longest car ride you've ever been on I drove from Colorado to Virginia and I drove through West Virginia at two o'clock in the morning and I have some stories about stuff that happened 32-hour Drive and I had XM Satellite Radio bought a subscription right before I drove and I listened to a lot of Howard Stern and I think they still had Playboy Radio at the time not materialistic LOL look at all the cool [ __ ] in his office the everything in my office has a story It's associated with something either they were gifts or things I had built because I I mentally or emotionally connect to them it's not I have giant gold bars sitting down there and if I lost these things I'd lose them I wouldn't really mourn it I've after getting pushed out of ethereum and other things it showed me how ephemeral everything is I've been broke to Crazy rich and there and Back Again a few times and so you enjoy the times as they are but they don't Define you you're defined by the people that you help the ideas that you have in the things that you do and never think that just because you hold a particular credential or an office or happen to have more of an arbitrary number of X whether that be dollars or crypto or whatever somehow that validates you as a human being I assure you at the Perkins I get treated exactly the same as everybody else and that's the way it should be and I'll tell you what the ultimate equalizer is have horses they'll [ __ ] on you whether you have a billion dollars in the bank account or no dollars in the bank account and they don't care how do you handle such a busy company in a farm in parallel I have Farm hands and just the company you have delegation you can't delegate you can't get it done so I enjoy having farm hands it works quite well you're a chill billionaire I tell you one thing that can make me so chill I I'm going to restart The Joy of Painting you see once you get to a certain level in life you just do whatever the [ __ ] you want so I'm gonna take painting lessons when I have time which I don't so I'll have to find it or rearrange my schedule in some way or hire some guy to help me but the painting thing will come into the office and sit down and I'll do drawing so I don't have to do stick figures anymore and I'm going to learn how to do Bob Ross style paintings now if I can I can get there and I promise you'll take a long time maybe a year two years and I'm not going to tell you that I'm doing it I'm just going to surprise you guys just like with the people of iog suddenly you just see a live stream and it's gonna say hi this is Charles hoskinson live from warm sunny Colorado Welcome to The Joy of Painting of course for copyright reasons I'll probably have to change it but I will look like Bob Ross I almost got the beard the afro probably not going to come because I'm losing my hair but I'm going to sit there and I'm going to paint with you guys and I'm gonna put a little happy cabin it's going to be great and we're gonna have a forest and that's the cabin that Dan Larimer moved into after he left EOS where he's considering his next project I'll paint a little something for vitalik he likes fishing it's going to be great we're gonna have so much fun together but that's how you get chill is you follow your passions and your hobbies take yourself too seriously and you don't be so intense Nothing in life there are so few things in life outside the loss of life that call for the occasion to be tense you should have fun and enjoy what you do and enjoy the work that you do and laugh a little bit I can I remember I walked into a really tense meeting the other day and I said guys I have spent 20 minutes this morning I should be working but I spent 20 minutes this morning looking at pictures on Google of armadillo and not armadillos but anti-eaters in t-shirts seriously Google this [ __ ] look at anteaters wearing shirts and you'll see the cutest damn anteaters that you've ever seen in your life wearing shirts and sweaters and I just had to show everybody at the meeting I said I know we're supposed to be doing work but we're going to spend two minutes in this meeting this very tense meeting talking about legal stuff and other things I don't care about any of that we're gonna look at anteaters in their nice little sweaters and so forth and what happened it was one of the most productive meetings we had after we got out past the anteaters why because everybody was stressed their shields were up they were defensive they were like tense we brought in the anteater with the magical shirts that people were like wow that's so cute that's so cool and then suddenly they couldn't remember that they were stressed you de-escalated they couldn't they didn't want to think about the adversarial stuff they're like okay yeah if that anteater can wear a shirt and be happy and ride around in one of those little mop buckets then I can be happy right that's the key to life and that's the key to surviving you're going to have ups and downs and there's always things that come and hit you and and every time you reach a new level you have a lot of challenges and you're a little uncomfortable it's the fresh black belt all the other black belts kick your ass out of principle but at some point life you get to a steady state and then what you do is you relax you feel comfortable and you're in flow and that's the key so I'm gonna learn how to paint we're going to do the joint painting and we're going to do it together and I'm going to master stand up comedy from it it's going to be great through painting you guys will watch because you want to and I will get an anteater one day and I will put a shirt on it see he took the bait so happy now looked at the anteater whenever you have a bad day or someone is having a bad day take several pictures on your phone of anteaters and shirts and try that experiment say I hear you and I understand you're having a bad day but I want to show you something and you'll show them the anteater and the shirts and they'll be like wow that is so cool that can't be real that has to be Photoshop you're like no no no they like wearing sweaters foreign There's an actual Facebook page with anti-eaters wearing clothes holy [ __ ] tell me about it right you didn't know that until today just now that's why you watch the AMA how can schools develop the next generation of cryptographers when math skills are so bad it's the same question for physicists Engineers applied mathematicians bioinformatics people it's a it's a difficult one right mathematical competency is not where it needs to be I think the big issue is that math is not taught correctly and there's a big big debate in the mathematical Community about the proper pedagogy for mathematics and when and how to introduce things and how do you transition from arithmetic to algebra to calculus and so forth and also when do you do abstract problem solving for example most high school students who have never read a book called How to solve it from George poya and ironically that is the book that many Eastern Europeans when they went to high school read because it was the canonical book on problem solving for high school students and it gives you a completely different view of mathematics than just solving a linear equation or zeroing out a matrix or something like that so it's a difficult question in general but I think the key is having a pedagogy that encourages people to look at mathematics as not just adding things and subtracting things or solving an algebraic equation but in mathematics as a collection of mental tools cognitive tools that allow you to think about how to solve problems and I think the the the first part of surveying the damage that's done by modern pedagogy is just asking people how much do they like story problems and pull them in eighth grade or ninth grade or something and if they love them you're doing something right if they hate them then you're doing something fundamentally wrong in the way that you're approaching teaching mathematics now getting to the level of being a proper cryptographer very few human beings do that it's just a lot you have to know a lot of Applied computer science theoretical computer science and then you have to know a lot about certain topics of mathematics like number Theory and accommodatorics and probability Theory and so forth at least comfortable enough to actually manipulate these things and work with those abstractions that takes a gargantuan amount of passion and most people won't get there now that said most people don't need to be cryptographers in fact the vast majority of people who are interested in information security don't go and become proper academic cryptographers like our chief scientists they go get a a bachelor if you're a master's degree in information security and they become a players and they think about the whole space and they think about how do I keep something secure and physical security theoretical security software security Hardware security these types of things infosec is a completely different thing than cryptography and it is a consumer of cryptography no doubt but that's mostly a black box to a lot of the infosec people they just assume the algorithms are correctly implemented and they assume the security proofs are right and they think much more about the human elements and basically how do you deal with social engineering and how do you build systems that are secure despite the fact that they will fail and they have redundancies built in and so forth and we have from Bill Gates why is cardano always cardano except for when it's sometimes Colorado and never Colorado sorry one more time why is Colorado always Colorado except for except when it's sometimes Colorado and never Colorado God that's a tongue twister right well bill I don't know you tell me foreign what's your favorite whiskey Charles depends on my mood but hibiki is pretty damn good did you ever try running did you ever end up trying out Microsoft mesh I got my hololens right here let me show you it's a really cool device it's self-contained and IT projects Holograms about this far in front of you and use your finger like this to tap them so you put the device on your head so and then it will project the Hologram out and then what you can do is you can lift the helmet up when you're done so this is a full computer it's about thirty five hundred dollars I which is really remarkable when you think about all the stuff that's going on the field of view is a box about yay big and then if you move your head you lose the field of view so this is the hololens 2 I think when they hit the three that's going to be the Breakthrough consumer product and Apple's working on a comparable AR device now we have yet to actually get all the mesh stuff working because we've been so busy but that's actually something we're going to do next week foreign do you play Warhammer 40K enough to remind you that a moment of laxity spawns a lifetime of heresy and an open mind is a fortress with its Gates unbarred and open whiskey and gout therein lies the rub my friend yes hey Charles what will you reveal the card on a 2025 roadmap can you give a teaser about it yeah a lot of stuff is in it a lot of stuff to think about if I had a proper Windows box running I could actually draw some stuff out right now we'll do it when we get closer to the DCF announcement and we'll talk about that probably at the golden Summit Microsoft Ion on bitcoin mainnet yeah that's an example of Bitcoin is the safe chain used to be the anarchistic Rogue Rebel thing right now Bitcoin is safe laughs yeah and we're interoperable with it because they used to did standard and we do too any advice for computer scientists not approaching or trying to learn blockchain in the crypto sphere well tell me a little bit about your background what field of computer science do you come from and I can give you a series of papers that I think will help you out mm-hmm longevity escape velocity this actually comes from Aubry to Gray and actually it's something that Hoskins and biotechnologies is looking at we're looking at regenerative medicine and regenerative biology and anti-aging technology so I will have a very strong opinion on these things next year and of course we'll have some product or project that we're working on and I think there's very few places to better spend my money then in something like that the reality is that we all die and whether we die with Alzheimer's and Parkinson's and no dignity or we die are reasonably comfortable is completely dependent upon lifestyle and genes and the luck of the draw right now the point of regenerative medicine and biology is to try to blunt mute a lot of these chronic disorders that make the tail end of life deeply uncomfortable and if we ever get lucky to slow down the aging process enough that eventually we reverse it we could live for a very long time that's the Holy Grail but even if you don't get there I'd like to die with some dignity because I watched my grandmother die from Parkinson's my grandfather died from Alzheimer's and my other grandmother died from Lewy Body dementia that was not pleasant and I'd rather not suffer that fate all right Charles can you please tune Us in about when the smart contracts be officially launched watch the cardano 360 episode we had yesterday are you getting startling for your Ranch no I'm going to build some 5G Towers and while I'm connecting to them I'll be shooting up vaccines and bathing and orphan blood while eating pizza in the basement you [ __ ] conspiracy theory people Charles can you see a little bit more about the African announcement delay others it's on their side we're ready to go in fact I signed a decision memo last week specifically to hire more than 30 people in Ethiopia the big issue was that it had to go because it wasn't tendered properly through a special committee and that special committee finally signed off give me the exact date it was actually this week that committee signed off as of looking at my back and forth with John Thursday March 25th so now go straight to the minister to sign so we'll have more to say about that but that's the last Mile right there and the committee was very onerous in a lot of requirements they wanted certain minutes done a certain way and certain things to appear in a certain thing and a lot of government bureaucracy that said we got to a point where we were very confident with because everybody wanted the deal to go through and there was no one else involved in it so we said all right setting bureaucracy aside let's go ahead and start scaling and building and what we're going to do is because we promised some people an exclusive we're not going to say too much about that but all of that is bundled together with the Africa special so when you see Africa special you'll see all that stuff but I feel very confident in it I was a bit I was a bit perplexed because back in October everything was good and then it wasn't and I was like okay and then we felt very solid in January then we felt very solid in February and then what happens is there's more and more bureaucracy and more and more people got involved and more and more things happen but it got to a breaking point where we're like guys come on and March 25th was really the date that kind of pushed that through and so now it's more formality than anything else but that's the nature of business with governments not just African governments but governments in general especially when you do things that are a little unorthodox is that you have to sometimes tolerate that when other actors come in it slows things down and bureaucracy gets involved because at the end of the day they represent their people and they want their people to get the best outcome and I live and eat and sleep and breathe this stuff I wake up every day with this stuff and we're fired up and ready to go but some other guy out there this is the first time they've seen it and thought about it and so it's scary and it's a lot to think about it's a lot to do it's a big commitment and if you get that guy comfortable what happens when the new guy comes in you got to get that guy comfortable and it's a process and it's a finite process because you run out of guys eventually you get through all of them it's like bosses but you have to be patient and that's the downside of the push model with public-private Partnerships but on the other side if you get it done you get access to millions of people and you usually have strong barriers to exit and long Arc deals that you do but we are going to start moving to a poll model as well and doing consumer products in 2022 in Africa that are in the payments and in the identity space and I think both prism and hydro people have matured to a point as well as obviously smart contracts deck of cardano where that's a viable strategy but it's going to be very expensive it's going to cost me at least 10 to 20 million dollars a year for several years at a loss to get to a point where we can get a sustainable Market but what the hell else am I going to do come on it's fun I love these deals I love these markets I love running around Africa it's a lot more fun than being in Silicon Valley all right what model of all of our tractor do you have also what are your thoughts on EI on the blockchain I will take a picture of it and post it for you Kryptonite because it came with the farm it's a very old tractor and I need to refurbish it and bring it up to speed and I think it's from the 1960s or late 50s and I've never used it I've never turned it on it just kind of sits there as a lawn ornament and the prior owner that I bought the farm from he had when he was a kid in the guys in his 80s when he was in a kid his dad ran that so it gives you a sense of how old it is okay that's a really good question too for Africa plans any concern with political regime changes for example what if the new guy gets elected sees his power decides he doesn't want his people having decentralized Finance so first off whenever you do a deal where there's a lack of rule of law or there's a little bit of shakiness on the political infrastructure what you have to do is you have to build a deal where the economic incentives regardless of the regime that's in place are such that the deal is stable because nobody wants to cancel it because you're firing everybody's cousin you're firing everybody's you're taking money out of everybody's pocket and that means you care a little less about the contract you care a lot more about the economics and the deal structure and you also have to be willing in many cases to be a minor party even though you could be a major party because that's what's good for the stability of the deal so for example let's say you just two companies could do the entire servicing maybe you add one or two local companies and create a lot of local jobs and you go and do this in several different jurisdictions and okay it adds a cost overhead of an extra five percent or ten percent but then once you've done that any politician that comes in that cancels that fires people in like six different places it's like no one wants to be that guy this happens in America with the defense contractors look at Boeing they make sure every place in America there's somebody somewhere same for Northrop Promenade and Raytheon that's creating a job in some congressional district especially swing districts and you go and cut their funding they they of course have to pull out of those districts and there's political consequence to it so Game Theory oftentimes aligns people much better than contracts and rule of law contracts in an ideal world are about common understanding they're about aligning people and say okay this is what we're doing but there's ambiguity there and also you're dealing with emergent technology and all kinds of things can happen Civil Wars can break out and new president comes in like every understanding the US government had is under scrutiny because Biden is president now so anything Trump did the Biden Administration is saying do we keep it or kill it so you could have in 2020 in September had the best meeting ever with Pompeo in the U.S state department and then all of a suddenly there's a new state department a new president and there's a huge amount of uncertainty even though you're best friends with all those people the new regime is in and so they say yeah maybe we do things differently this is the problem with representative democracy and government changes that are sudden is that there's a little bit of consistency issues and not quite the durability you need now Biden won't cancel anything that's politically damaging even if there's stuff with operation warp speed that he probably hates and doesn't like that are just bad idea if it would interrupt with the vaccine supply chain and the totality of the distribution of vaccines and be politically damaging for him he's not going to do it no politician the right mind will do it they kept that infrastructure mostly in place if you actually peel back the layers and you look at what's happened there because it was in everybody's best interest just to get this done even though there's corruption and nepotism and maybe novovach shouldn't have gotten all the money that they got and there there's not a lot of questions asked about the fact that when Johnson Johnson got approved they promised to have 100 million doses ready to go and they'd barely made 4 million doses when I thought they were going to pre-manufacture the vaccine whether it was approved or not so why didn't they we all kind of swept that Under The Rock right because politics so that's one dimension and that's not Africa that's the world and let's be adults that's how the world works and human beings work we're not rational actors now where and when you can get rule of law and where and when you can get contractual advantages that's great and that's awesome when you're dealing with companies but if your counterparties are sovereign governments they never play fair ever and you can't sue them even if you try and you win ask everybody who's tried to go down that road unless you're a big multinational company a Microsoft or an Exxon Mobil or something like that and you have certain powers that we as a small company don't have so I look at these things in a game theoretic sense and that's why it does take quite a bit of time to get a lot of these things done sometimes when you're talking about a PPP but it's a good anchoring point and then it gives you a foundation to work with and usually the customer base is something you can grow with and then the pull model is better because that is decentralized and that's not permission full it doesn't matter who's in charge if it runs on your phone you can't stop your people from doing that even if it's inconvenient to you so you need kind of a mixture of both those things and together I think you can affect a lot of change at least that's the way I think about it as from my personal experience I've seen a lot of problems and all things that opened up things that closed I remember when we were just about to bid on a hurricane relief thing with the U.

S state department and that was under Rex Tillerson and we thought for sure we were going to get it we'd talk to several people at the U.S state Department we were all fired up ready to go and then that week Tillerson was fired and they brought a new guy in I was so that's still going on they're like yeah just wait a little bit until we figure out what we're doing and then it just we never talked about it again it was so frustrating too because I was really excited about that one but you live you learn these things happen all right Charles when do you want the Gogan Summit August in person it'll be online and likely September and we'll announce we'll announce that at a later date it just the world is still where it's at next year will be better mm-hmm [Music] what are your responsibilities after the Voltaire era those will be decided by the community we'll make a proposal you guys will vote and if we don't pass well then you'll counter and we'll come to an understanding I think we have a pretty clear vision of what we can do on the science and engineering side and I'd like to broaden it to about 20 to 30 different companies from the core three and we can make much more progress in parallel what's the solution for people are not connected get them connected through micro isps or use cryptography that works online offline and off chain and we're doing both one through partnership and the other through direct research any comments on the F delays well they would comment on the cardano delays wouldn't they if I commented on the F delays I oh my only comment is this shit's hard complicated business what if the United States government banned the Bitcoin what would happen to cardano that ship has sailed Bitcoin is not getting banned Charles which Lambo do you have I currently have out there a Huracan Evo Matt Black and I love it it's got titanium tailpipes and it's loud one of these days I'll go death do you own dogs if so which breeds I got four dogs two tiny ones two big ones actually well I yeah I know well three big ones now one tiny one I had two little ones but one died placed it with another big one well when Lambeau paid with cardano that Lambo was paid with Bitcoin it would be fun to do a deal with Lamborghini I like that company I want to share ideas with you okay well send me an email all right [Music] is the lambo hard to drive no the Huracan Evo drives very well and strata you drive it an Audi in sport you drive it a Lambo and in Corsa you drive it a track car do you believe in Free Will I will comment if I'm ever on Sam Harris's show we'll have a long conversation about it great Peppa wallet pepas you look at the pepas the pepper wallet haha we will definitely have a statement about that I really want my [ __ ] QR code paper wallet I made the video about that in September of last year and I really want that wallet that'd be a lot of fun Charles glow-in-the-dark driveway how's that coming along still thinking about it I'm going to put probably a paver stone driveway in and either do glow-in-the-dark crowd or have some of the paper Stones be glow in the dark but I have to rev up the whole driveway so I'm waiting for the geothermal to come in because the geothermal can give me radiant heat then if I have radiant heat I have a snow melt paver driveway and then you can do the glow in the dark then yeah yeah how is the farm doing probably gonna get some alpacas here in a little bit it's doing good do you watch MMA yeah I do people come over we talk about it hello look British my man well Ishmael I'm glad you're British are we living in a simulation yes it's my nightmare Charles did you grow up in a religious home yeah yeah we all worshiped Odin unfortunately not many people do anymore so it was hard to to socialize but we got it done we got it done that's why I still have that beautiful wood cut of Odin fighting fenrir on schlib near with his two Ravens Eugen and Noonan the world wolf will devour us all during Ragnarok mm-hmm please try Scottish accent it's much better than all the others let me tell you especially when I'm tired and worn down I'll be like what you doing what are you doing the squish you got the whiskey and the Haggis no we beat that often tumble eh and a nice sheep stomach dear Charles what programming language would be the best to learn well depends on where you're starting but python is probably the way to go what else come on come on you ever watch Billy Connolly huh let's see here do you get many funny prank calls or do you do them yourself I get a lot of prank calls a lot of people send me notes or reach out to me or do things and actually recently I've had a lot more people drive by my farm shouting my name I hope it's for good reasons probably should invest more in cameras and security you've got some cameras I recently put up and we're scaling up the security as well have you ever eaten a Venus schnitzel yes I enjoy the Schnitzel Charles do you think any of Peter Schiff or Mike Green's criticisms of crypto are fair when Peter Schiff can run an investment fund that actually makes money I'll listen to them sorry Peter I've known you for years man I've seen you many times back from the Ron Paul days on Ford get on the [ __ ] Bitcoin train come on it's all right All Is Forgiven Peter he's like that Japanese soldier who kept fighting World War II and like was hiding in the jungles of the Philippines into the late 70s and they had to find his old commanding officer to go and convince him that Japan had surrendered this is where Peter Schiff is at he's going to be on the anti-bitcoin train in 2050. all right that'd make a good nft by the way can you guys do a Peter Schiff hiding in the jungles of the Philippines fighting World War II nft trying to avoid Bitcoin finding him like living in the jungle trees foreign tractor it's either Lambo tractor or fent I might actually get a Lambo tractor for the the ranch up in Wyoming I need a much larger platform the Massey's just not going to cut it that elusive jungle dwelling Peter Schiff always running from Bitcoin Luke Miller hey Charles what's your favorite Ethiopian coffee actually if you actually go to Ethiopia it turns out that the coffee that they drink in Ethiopia is a lower grade than the coffee that they export so everybody's thinking about this mecca for coffee and it's true there's tons of great coffee shops although I'm a little biased because I used to live in Indonesia and we had all the Javanese coffee and you get straight from the plantation it was so good but now I'm gonna have to give that a thought I'm I like Ethiopian coffee but there's certain Blends that I a little bit more in Colombia and Indonesia and actually I've become a good fan of what is that elephant coffee there's this brand of coffee it's like Black Ivory or whatever it's called where the elephants eat the coffee beans and they [ __ ] them out and then you then they roast them and they taste actually really really good it's like Kopi Luwak Coffee and when you buy it actually supports elephant conservation five bet you didn't know about that elephant poop coffee did you yeah he didn't just the anteaters and the sweaters buy your friend some elephant poop coffee they'll drink it and then tell them where it came from Charles what about the mycology how's that going yeah we're gonna actually start growing some lion's mane here in a little bit I've been sending Lexi all around the the world to all these mushroom seminars to become the world's best Mycologist and we're talking about using shipping crates to actually do the mycological culturing but eh we'll figure it out Philippines represent I was just on a call with Governor Garcia and we were talking about Tarlac City I the Philippines it's a beautiful place I'd like to do something there too ever been to Toronto I have I have very fond memories in Toronto foreign coffee shop and Plantation in Indonesia Charles you're always welcome well thought Hill where are you actually based what island foreign cannot notice you until you notice yourself Landon or McCartney I think I've ended up as blockchain McCartney all right ever been to Okinawa virtual hug virtual hug virtual hug yes and actually we're trying to right now work out a deal with a local University in Okinawa we've been in conversations there's an economic development Zone there and it might be a good entry point for my company to finally start scaling up in Japan so we'll see what we can do there everything [Music] have you ever been to Greece come on now the answer to that all right we're gonna cut it Loose here in just a second and how we always do that is by going to Kiva yay Kiva woo and doing a microfinance transaction Okay so click [Music] share screen all right all right so for those of you who are not familiar with this what I've been doing lately is going to Kiva every time I do an AMA and we give out a microfinance loan so I haven't picked anybody yet and I'm going to go ahead and sign in so hang on let me stop sharing and we'll go ahead and sign it down okay all right so we're gonna go ahead and share cam so first things first let's take a look at our current portfolio so I've done several loans and Rosa from Kenya she's she's paying back she's already paid back how much 51 a dollar so far about nine percent of the loan we have a nice balance of female to male so we try to keep it 50 50. so let's go ahead and do one guy and let's go and we'll make this an interactive process so you guys let's go ahead and take a look where should we lend regions North America Central America South America Africa Eastern Europe Middle East Asia and Western India a lot of people don't know the United States actually has a large population of unbanked people so let's take a look what's in the Kiva portfolio for the U.