Surprise AMA 12/10/2022

hi this is Charles hoskinson broadcasting live from warm sunny Colorado always warm Always Sunny sometimes Colorado today is December 10th Ada lovelace's birthday you better believe we're doing an AMA lovelace's birthday come on Ada fans and it is the year 2022 it's been a very interesting month it's been a very interesting year years ago people would come up and ask why is it that cardano gets such a bad Shake in the media why is it that ADA cardano you guys are so viciously vehemently criticized in fact I went to a Twitter space a few days ago is a v chain Solana El Gran's faith and the jpeg store guy was there and they're all just hating on them they said oh cardano is a scam coin it's [ __ ] it's all this stuff there's so much programming in the industry and then we discover the block which o has given us such lovely coverage Through The Years vossel shipped after being three months delayed turns out that the CEO is taking bribes from FTX turns out that FTX was trying to pay everybody off to boost their garbage and attack legitimate projects that's the tip of the iceberg when I was sitting there with Ryan selkis and we were at the panel the fireside chat he says why does no one you so because we don't have panzonomics and they do and they need to dump their stuff so we're the enemy and now all the dirty laundry is coming out people are starting to learn about it people starting to see what we've known what we suspected for years and that means we're here to stay they're not cardano's gone through a lot it's been a hard year the markets have gone down from 2.6 trillion at the all-time high to under 900 billion I think eight is down 73 percent in addition to that all of these things you would think would be good counterparties to trade with do business with good partners to build with they're disappearing one by one so there's a consolidation in the industry and what keeps people here is not money it's principles and it's about damn time that we go back to First principles as an industry and ask ourselves why we're here because what if you're here for a 10x or 100x or 200x you just witnessed real time what the end result is if you're here to change the world you're here to make stuff better well okay that's a different story and takes a lot more pain and it's not as fun why because you get criticized you get brutalized you get called ghost chain you get murdered in the media people write horrible things and then a lot of people start believing them and internalizing them and every single time you go and speak to somebody who's not of your tribe different group you have to overcome 20 30 minutes of skepticism resistance because the person they think you are the ecosystem they think you're from is a fantasy doesn't exist you're someone else but we're gonna win we really are because we kept the faith we kept the principles and we're still here December 10th 2022 some of the others are going to prison we're still here still fighting still strong still feeling good still able to keep it real keep it interesting and that's what makes it magical what it's been a hard year we got mithril to a wonderful place Hydra to a wonderful place it was so incredible going to rare Bloom and seeing load wallet and Sunday swap running test Hydra infrastructure it was so much fun to publish sip 1694. it was so much fun to talk about input endorsers for the first time and actually outline a design there's so many good things that are coming the cardano MBO to the summit be able to talk about that how much excitement and interest and passion and fire that people have about these things that means our best years are ahead of us Isn't that cool and so markets up markets down bulls and bears ponzis about we're still here and having said that let's get to your questions because it's an AMA right all right what do we got here what if they don't throw them in prison okay there's two ways this SPF thing ends either one way he goes to prison for a very long time either way SBF didn't kill himself but there's no middle ground here there's too much there too much dirty laundry too many politics foreign you see people ask this question all the time the prices are not correlated to the progress the prices are not correlated to the progress it's a problem with the cryptocurrency market and that's always been the issue it's completely irrational just roll dice slaughter a chicken and read the entrails you're not going to be able to figure it out I can't no one can you see it long term maybe there's some correlation or connection but these markets have always been this way and welcome to crypto it Dogecoin is a great example of that no problem with the Doge Community I have no problem with a lot of the 14 000 cryptocurrency projects for some reason some have value for other reasons other ones have very little value Ergo for example is one of the most Innovative cryptocurrencies in the entire industry okay they're pursuing useful proof of work they implemented NEPA Pals they have real use in adoption they're sitting like two three hundred meanwhile you got Litecoin nothing against Litecoin but it's just basically a fork of Bitcoin with a slightly different monetary policy and a slightly different proof of work algorithm there's it's something expect to see in 2011 2012 because it's that old [Music] why is ergo behind it you see and that's the problem so they're not connected to anything rational they're not connected to the technology in that respect you just have to accept it and it's so great the dishonest media Charles attacks Litecoin it's who these people are and at some point we are going to stop paying attention to them are you planning any cardano burning mechanism congratulations Freedom you win the paint chip of the day award foreign Charles would you consider going on with Paul Barron I don't know who Paul Baron is sorry blockchains are not gdpr compliant for most Enterprise applications what do you say about that are you going to use blockchain dids for that gdpr you'd need to use more than did you need a confidentiality stack and this is actually one of the reasons why we constructed midnight it's a difficult topic because gdpr also mandates a right to be forgotten it's inside that same legislative framework and concept so they may actually say Hey you have to delete something from the blockchain can't so blockchains by definition cannot comply with the gdpr at the moment and I think midnight may actually be something that could be built in a way an application on midnight to have gdpr compliance inside of it that's why we create this type of technology and that's why we have side chains by the way side chains are an interesting thing so I'm saying hey Solana come be a side chain it's tongue-in-cheek for a bit but at the same time I'm being a bit serious and a lot of people are running around and saying oh there's desperation or oh oh it's just a focus on cardano focus on Ada guys since 2016. pay it pay attention pay attention since 2016. why cardano's been out and why cardano outlined cardano SL and cardano cl settlement layer control layer or computation layer okay for six years now we've been talking about this thinking about this pushing this forward this concept that you have one main chain and a family of side chains and each and every one of them does different things at the side chains model of cardano is that if a side chain comes in and connects the cardano that side chain is a partner of the main chain the main chain provides security it provides infrastructure it provides an ecosystem and it provides liquidity okay it's listed on 200 plus exchanges all these types of things so you have all that scale and in exchange for that the partner chain instead of paying its inflation to minors who are Nexus within that chain it pays the inflation the block rewards to the state pool operators and the Ada holders okay because cardano is taking care of the security of the sidechain the side chain can have its own computation model its own notion of data availability its own consensus algorithm it can have its own network stack you can have all the stuff that makes it special so you could take Solana replace the current consensus algorithm with something 25 times faster and doesn't collapse all the time make it a cardano side chain Solano would then be paid to Ada holders to maintain it probably at a lower inflation rate than they're currently paying right now they don't have to worry about security anymore and then all those dapps move over and they get better reliability and security and they get faster and every day to holder benefits every Salon holder benefits that's called a partnership now are they going to do it probably not but at least starts the conversation because some will and as an ecosystem of side chains come out dozens of them hundreds of them suddenly cardano becomes the backbone of a multi-chain ecosystem and every chain has different capabilities different programming languages different dap model different notion of identity different levels of privacy for example midnight it's got snarks at the core so it has a high degree of confidentiality in it much more so than cardano it's a partner of cardano that's the sidechain model that's what people have to think about you see people don't think this way it's so adversarial and they get so distracted and podcasters come on and they just Babble diarrhea out of their mouth and people believe them so it's really important that you have to return to First principles and say what did we tell you we were going to do what are we going to do what did we do we told you in 2016 CL model now it's being rolled out and once it's rolled out all those computation layers are going to tell you that they're there how can Ada get faster don't get me wrong it's pretty fast but I'm talking about 10 seconds to complete a transaction type speed in your instant what would it take well transactions are settled in that kind of time but they don't reach full finality for about 15 blocks give or take depending on the prioritization your trust thresholds so it's a topic we've looked at Ledger combiners is a paper that we wrote and there are plenty ways there's a relationship between throughput and finality so throughput generally speaking when you want to increase it you in these types of models usually increase latency to finality in other words what happens you get more performance but the expenses it takes longer for things to fully settle the holy grail and consensus design is that you can do a throughput increase but a finality increase at the same time so they're one-on-one which is why people are trying to layer bft protocols or clever things with things like or Boris or a conventional Nakamoto style proof of work because bft does have that fast finality in that respect so we've been looking at it and it's something that I think in 2023 is going to get solved on paper there's already a great degree of work and where that's really important is for sidechain communication so the side chains have bft protocols so it's fast from side chain to main chain but going from main chain to sidechain there's going to be a bit of latency unless you want to introduce some trust if you have instant finality the bft protocols do on the side chains then you'd have it on both sides so it can be done it's something that's being thought about but you have to understand that there's trade-offs decentralization finality time throughput of the protocol and also the assumptions that go into the network model are all interconnected with each other and they're a very delicate web and when you pull one of them then sometimes it pulls some this way so certain things you would do to increase finality may require you to go less asynchronous on the network and become more synchronous and that's normally okay but what you're really saying is people making the blocks have to coordinate that's not the Bitcoin assumption that's just an example or if you want to increase throughput you can do things asymmetry asynchronously okay so they're done in different places but then you have to wire them back together and there has to be a Reconciliation step for that wiring and that generally reduces your finality you see so there's a lot of delicacy there in these types of things what story on the mastering cardano book excited to read it whenever it's released I think there is now a team working on it I got to talk to Lars about it because there was a cardano book that's been released but my understanding is there's a group of people now working on that the original person that we picked he had a health issue and wasn't able to complete it is tiered fees transaction prioritization absolutely necessary for cardano as the system gets more adoption yes and that's why it's being bundled with the sips that are being written for input endorsers when or Boris Genesis we are tentatively slated for 2023 it's got to get done when is Game of Thrones season 8 should have oh how Game of Thrones season 8 should have ended when are we going to have the discussion I will do a dedicated video at some point and when times are better I'm gonna actually finance a graphic novel to finish it out and then create a Snyder cut style campaign to rewrite the last two of the seasons of Game of Thrones season seven and eight it was abusive what they did DND and they they should be exiled forever from Hollywood how's your Hospital project coming along the clinic is coming along really well we were hoping to get it open here in December but we had some supply chain delays so it looks like January is the time geothermal's in and sewer line is almost dug it had to dig out a sewer line a few miles put heated parking lot heated floors terrazzo floors I also requested coffered ceilings so there's a lot of custom work and it created a little bit of delay because we've had supply chain issues here and there we also had to fire the architect on it and replace him with a different firm because he kept creating systemic delays for us it's been a hell of a project 10 000 square feet to get started the long-term clinic will be about 50 000 square feet for those of you in metric land that's about 4 500 square meters so very large and it'll have a lot of different capabilities from a compound pharmacy to a sophisticated lab to hyperbarics to other such things alongside primary care and we're going to use it for medical research and we're going to really look into things like anti-aging regenerative medicine and start with low hanging fruit like long covet and traumatic brain injuries and so forth especially pairing modalities together like hyperbarics and photobiomodulation and pemf in addition to the usual suspects that you see in anti-aging have you checked out the web 5 stack in other words the overlay stack that has to be built to add the functionality to bitcoin the Bitcoin lacks because somebody's too stubborn to use a real cryptocurrency for this you might as well just build a server and Federate it and make a lot of sense sometimes people in their heads they get they get pretty crazy about stuff and they they go to massive lengths to legitimize a poor design Choice as you see at Facebook like Mark Zuckerberg loves PHP so he created language hack just so they can keep writing in PHP even though it's really not an ideal language for what they're doing very telling the questions he chooses to answer and chooses to ignore what am I ignoring is like questions come in a mile a minute go ahead and tell me what you like oh this one right all right Charles question for you yeah Cardinals at his rules of security by the SEC well the SEC can assert it but then they'd have to sue over it and there'd be a long litigation process the foundation would have to fight go through and regulations regulation it's a hypothetical and there's nothing in the history of cardano that feels security-like from the beginning to where it's at today to the fact that the network is fully decentralized and so forth I would believe that then ethereum and Bitcoin would also be Securities and they'd be in a bigger debacle and this problem with regulations through enforcement there's not much you can do just Any Given Sunday is whoever the regulator decides to pick and then there's a big fight 100 million dollars is spent it's brutal and vicious and a lot of hard feelings and sometimes people win sometimes people don't I've heard rumors that the Ripple case will be settled December 15th and we'll just see and that could have catastrophic implications for the industry one way or the other but you just keep moving forward regardless of what happens it's a decentralized ecosystem that you guys control in the United States of America doesn't get to say that cardano lives or dies you do the world okay that's the point of decentralized ecosystems and we're going to work as hard as we can on our side to make that protocol better but we're just a voice in a course there's 15 other development companies there's an MBO on the way complete on-chain governance with 1694 every single day the dream gets a little bit more real and every single day cardano gets a little bit stronger and crazy people come and go who try to stop you with one means or the other but at the end of the day what we're fighting for is something very simple it's just freedom the freedom to be in charge of your identity and your financial life and the freedom to be able to have access to a platform that treats you as an equal okay because you don't have that right now that's what I focus on are you worried about refeeding syndrome so you understand about fasting so if you read medical literature there there are some studies that have been done for a long-term fasting intermittent fasting extended fasting these types of things and there's a lot of stuff it's usually related either to the Holocaust or to anorexia so the Holocaust what happens they had lots of people that are sitting in camps who had been chronically starved for a long period of time and then what happened is they you see people that are living skeletons the first thing you think is give them food they need it but the problem was that if they gave them food some of the people that they gave it to actually died and they suffered from what was called refeeding syndrome people with anorexia this is also a worry as well because they starve themselves for a very long period of time and then when you try to give them food suddenly they die so there's a refeeding regimen that you have to put into place if people have fasted or starved in a way without proper supplementation so generally speaking if you want to avoid refeeding syndrome what you do is you take fastening salts they're not very expensive unflavored oneself for like 20 bucks and it's sodium magnesium potassium and if you take those every day and you're under a month it's usually not an issue especially given if you have a lot of fat in these types of things see it's okay but when you break it you have to be a little careful and so there's a stage of meals that you do to kind of break that fast so I take bone broth it's about 40 calories it's got about 20 grams of protein you put the fasting salts in it you mix it up you do it once a day it helps a little bit with muscle atrophy because you eat protein as well and the only source is your muscles or dead cells so autophagy does get some of it but you will lose muscle during an extended fast although your primary source of fuel is fat you have 3 500 calories in every pound of fat so you lose a pound it's about a day and a half of operating depending upon your your metabolic rate your level of physical activity if you keep active you work out a bit not vigorously but a bit it does also help with the muscle loss as well if you just stay completely inactive and shut down then the atrophy very quickly so it is a concern for anything over a week and it's why it's not recommended for beginning fasting people to go on extended fast and another thing that you have to understand is that a lot of literature that was done in the 60s 70s about fast they didn't actually fast what they did is they put people on a restricted calorie diet and that restricted calorie diet actually had things in it that would spike insulin if you have high insulin levels actually what happens is your body has a difficult time processing its fat reserves so it starts thinking there's no fat there and what it does is it says well my only other option is lower your metabolic rate in other words you feel cold tired irritable and really out of it so if you're fasting properly psychologically it starts messing with you you think about food all the time and you can Stave it off but you're actually your energy levels are quite high and your metabolic rate doesn't go down I have not eaten food for five days I'm living on about 40 calories a day and that's only because I don't want to take all the muscle loss and I could do just straight up water if I wanted to but I'm doing a little bit of bone broth for that not mostly for Hunger but it does help a little bit and I feel fine I I'm answering questions I'm 23 minutes into this AMA I'm fired up ready to go I exercised this morning meditated this morning I'm feeling good okay and if you took Labs it actually looked better than the labs going into this okay now if I went on a juice fast and lived off of 1200 calories a day and I was spiking my insulin constantly I would be the most miserable son of a [ __ ] in the world I feel terrible and I I would be like oh I feel so cold and tired and and my mental state would be terrible because I wouldn't even be on a ketone metabolism I'd still be on a pseudo glucose with a low metabolic rate so what what goes in is what comes out and there's a lot of careful chemistry in this and there's a lot of people think about these things study these things now you don't use extended fast for weight loss it's not a good idea intermittent fasting is a lot better for that especially if you can pair it with some Diet changes and lifestyle changes and there's actually a special fast you can go on where you can lose huge sums of weight very quickly it's called a protein sparing modified fast it was invented by Cleveland Clinic in the 1970s for diabetics who are bariatric patients and you can do that and there's companies like Ideal Protein and others that they've even turned into a an idiot proof TurnKey solution for people and I know one person that went on it lost 110 pounds in five months watching through the whole process but if you want to go on an extended fast either you're doing it for a religious reason or you're doing it for a cleansing reason the autophagy state eats a lot of old cell senescent cells which are super bad for cancer for aging and a lot of metabolic problems cleans up your gut your whole GI tract rebuilds itself it helps reset your microbiome does a lot for you and it really does purge a lot of nastiness inside the body that you tend to accumulate so you can do that and you're going to lose some fat probably at the end of all this maybe four to five pounds give or take that's good but then I have to regain the muscle and I have to refeed properly I but I did it for a cleanse in that respect I will go on a protein sparing modified fast at some point because I do have about 50 pounds of fat that I've accumulated throughout the years to lose and it's so easy as a CEO you get them a four or five pounds a year it's so subtle it's not a lot it's a half pound a month who sees that but you do for eight years ten years here and it just lasts anyway consult your doctor and nutritionist for I am not one this is just my personal experience heard about those three crypto billionaires that passed away recently do you ever worry about the Illuminati whacking you Uncle Charlie there are secret societies and there are occultic practices if you look at the long Arc of History it's a really fascinating topic if you look at the foundations of the Soviet Union there was all these Masonic lodges and prostocrucians or variants of them who basically were interconnected with the Bolshevik Inner Circle including Lenin and they basically planned the overthrow of the Czar through those lodges Hitler actually had a really interesting history as well so after he got out of the army well after World War one ended the Army kept him on as an intelligence officer and at the time a lot of communist elements and anti-warmark Republic elements were part of these secret lodges so they actually had Hitler join them and he was hanging out with a Thule Society people and these these others the this whole Aryan philosophy came out of volkishism and he did Magic rituals and all this other stuff in fact his book collection was over 16 000 books and there was a ton of occult books inside of it Himmler was a double dose of that the entire SS were modeled on an occultic order in fact his headquarters was was basically a dark Camelot and they would do human sacrifices there and if you were an SS officer and you died they'd take your ring and do a ceremony and bury the ring there so there's all this occultic stuff America is no different we do tons of these things there's a strong Masonic origin with the founding fathers if you look at the design of Washington DC it's quite occultic with the layout of the streets and there's a lot of secret societies and secret orders there's even fraternities that are secret societies like skull and bones for example that are connected to the George Bush and his father both of the bushes John Kerry dozens of people so politics religion there's always some occultic connection even when you don't think about it if you're Catholic there's a ritual called transubstantiation so the priest does some stuff and then he converts transmutes the wine and bread into blood and flesh it's kind of a pagan ritual if you really peel the layers back behind it and there's all every sect Islam you have the sufis you have The Rustic Christians with the Christians or the Jesuits were actually founded on occultic foundations and then when you look at the Jews there's the Kabbalah in this respect and the whole point of occultism is is basically discovering the hidden and then when the practitioners do that they usually take in another step of saying now that we know the hidden we are illuminated and that's with the illuminated knowledge we should have power and they start taking things over so it's no coincidence that secret societies and occultic orders tend to also be people in positions of authority and Power and in some cases they actually overtake an entire government and that so there are a lot of people running around that they believe Illuminati exists and why is that well because things keep happening that don't make sense for example this is the United States a country of over 300 million people we have the best and the brightest people here they come from all over the world everybody comes here because it's a powerful country it's a great place to live especially if you're the best and brightest so why is it in a country that has so many amazing people that our leader is an 80 year old person who probably is suffering from dementia how did that happen well it's very easy to explain that if there's a new world order an Illuminati group especially if the leader is not really pro-american is doing a lot of things that you feel from your politics are anti-American so okay the same with the woke stuff the same with the way the media is structured how Black Rock gets a complete pass on everything even though they are worth more than if more assets under management and the market cap of Microsoft Facebook Google Apple combined just a lot of stuff that seems to be moving in directions that are deeply uncomfortable and yet it just happens you see weft where they say you'll own nothing could be happy and they all get together in secret cabals and they kind of plan an agenda for how the world is supposed to roll out and you think to yourself gosh there must be some directionality to that of two minds on it I mean is it possible that there does exist secret societies occultic orders and illuminated people that have enough political power that they can then leverage that to control things absolutely is it the case that the world is deterministic we have no Free Will and all of our hopes and dreams are basically at the mercy of a small cabal I don't think so the world's too nuanced and complicated and I've met a lot of world leaders and if there was a grand plan for them then I I think that they wouldn't be there I do believe there are Trends social credit is one ESG is another Trend that are the tools of tyranny and if they fall into the wrong hands they would be a blueprint to control the entire world but I don't believe these tools are right now ubiquitous in that respect but it's fascinating topic and I think AI will expose it so what you would do is you'd use all these sophisticated large language models and AI stuff that's coming out and you just take a look at everything and you create a prediction engine of the optimal Behavior or optimal decision to make in a circumstance and then you'd see the outcome and you'd see every case where there's a sub-optimal decision that's been made and then what you do is you look for a pattern and you try to find where there's consistently poor decisions that are made but no consequences for those consistently poor decisions this is forensically speaking a great pattern for corruption or some nefarious intent and we do this all time in corporations when they're looking for theft employees theft these types of things they say well on average we should have a four percent theft right or if I'm running a bunch of restaurants my liquor loss you measure your food costs and your liquor loss and these types of things and if it's a little too high that's a strong indication that management is allowing people to steal food or to pouring drinks a little too aggressively or drinking themselves taking the alcohol home you could apply that on a global scale across every nation state especially as open data becomes available and then a web will form if there is indeed a new world order because it's pushing the world in a particular direction and that particular direction does not benefit the masses in that respect is Max Kaiser a tool it's an interesting one so when I started in this industry I knew Max very well we announced ethereum there I know it's cardano there Max had Max coin it is very friendly affable person I had dinner with him and his wife Stacy and they even asked me at one point for subsidy to advertise on their show then a few years back max had a 180 switch and he went 100 Bitcoin and now he Compares every altcoin to evil people who are criminals he goes on shows and like Tucker Tucker Carlson and says that cardano and ethereum are scams he compared me to Epstein because we took PPP money okay and these other things I think Max is a stage performer I don't think the max you see on television or in YouTube is a real person I think he was running out of money in the altcoin side and decided to sell his soul to the Bitcoin side and he has some patrons that are boosting him thus his positions why do I believe that because he was aware of Bitcoin since the beginning and when I knew him in the beginning he was an altcoin guy in addition to a Bitcoin guy and he to Pride in that and he bragged about how he broke the big things on his show people if they have strong philosophical moral connections to something unless they go through a religious experience and Awakening and I don't remember the Peyote trip or Ayahuasca Journey that Kaiser went on usually they only do that when they've been bought so I think somebody bought them and they made him team orange okay and all the power to them but he effectively is a lost cause and there's not much more to say so he's well more welcome to continue doing his Bitcoin baptismals and and other such things I don't really care I just love this comes up and again and again hey Charles what are your thoughts on eight eyes so 222 compliance I've heard conflicting info I'd love to hear more anybody who's trying to sell you on ISO 222 compliance is a fraud it's a standard stack and there's a collection of Standards some of which apply and would be relevant to cryptocurrencies some would not we looked into it you talk about it in reference to an application or something running in the infrastructure but it's not a USP of a product and the absence of it is doesn't mean you're going to be the platform Banks hold Bitcoin and Bitcoin is not technically ISO 222 compliant so it's not a thing it's a non-issue and if it's so important to you go to Catalyst and argue it tell us specifically what you want Charles thoughts on lion's mane for cognitive function and rigorous stem PhD program at the moment well Chris lion's mane there's a few studies that come out of Japan and Asia and they give dementia patients it was double blind placebo-controlled study I don't remember how long it lasted the end was quite small though I think it was a few dozen patients but it did show a substantial Improvement in cognitive function over the placebo group but my frustration in these studies is generally the N is too small and they don't do imaging and the neural tests that they do are substandard so one of the reasons why we built the clinic in Gillette is that we'll have a spec scan an MRI and and other diagnostic equipment in addition to the ability to do a pretty extensive battery of cognitive tests so that when we do a study a lion's main study or Hyperbaric study or photobiomodulation study or a roll-up of these things I'm actually able to look in into the brain and see if there's been neurogenesis and there's been some resolution there or an increase in blood flow or other types of things that's a much stronger especially if paired with genomic medicine where you fully sequence each genome because the people did well for there might be a genetic correlation it's a much stronger study than the studies that have been going out but does look like lions means quite good the problem with lion's mane though is Purity so got the fruiting body and get it fresh I get that because I can grow it and how many people have a hundred and fifty thousand dollars laying around to build an industrial mushroom growing facility that it has staged rooms and proper sterilization and incubation Center and inoculation Center and in a fruiting chamber you guy come on like I do so I get pure lions mane and it's great so the question is is the powder the extract is that still work and these types of things so I think if you're going to do a study what you need to do is segregate it and you have your Placebo but then you'd have different regimens that you'd give to people and you'd see if all of the extracts are the same or if you have to have fresh lines made foreign crypto no all right sip 27 talk about lifetime nft royalties okay so well first thank you for starting hackathon in St Lucia got a lovely medical school there too where's that in St Kitts I know that's probably one of Lucia as well okay so royalties on nfts one of the reasons why we on our side we didn't write a sip for this or think about the best way of doing it is that we have earmarked a planning cycle for security tokens when you have a royalty paid out generally speaking you're starting to push your asset more and more into security territory because the mere purchase of it you're guaranteed a revenue stream okay staking is not that case thinking you have to do work you get Ada only 71 of ADA is staked at the moment 29 is not so 29 get nothing and up to 71 they have to partner with a stake pool or set up their own stake pool and then run it and if they get a block and make the block and deliver the block they get a payment for the services they've provided to the network okay whereas when you buy an nft you do no work and you get a dividend based on some collective Enterprise there you start pushing more into security territory that's fine but you need more information you need an disclosure regime you need potentially more oomph on the identity side of things you need maybe multi-sig transactions perhaps custodians these types of things so to me it made a lot more sense to say let's treat royalty nfts as a subset of an overall security token framework and write a sip that covers all of those use cases and then people can use that doesn't mean they are a security but it just it flows from that because that's the safest thought process behind it now the community is trying to front run this and do it their own way and that's the point of decentralization reasonable people can disagree and I think that a lot of the nft players in the cardinal space are going to create a lot of nft standards and then eventually there's going to be a consolidation and that consolidation is not my decision it's actually commercial adoption so whatever the industry ends up doing that's going to be what we end up following and we're servant leaders you tell us what you want Jesus is the only way to heaven every other religion leads you straight to hell yeah but damn what version of Jesus there's a lot of them right what variant of Christianity too and what what version of the Bible what about all the books the Bible that were thrown out of the Council of nicaea what about all the other people claiming to be Jesus at the time of Jesus as some ambiguity there and and are you really sure that exactly the one unless you're having a Transcendent mystical experience that's telling you which one is the right Jesus and then my question is what if that Transcendent mystical experience tells you to violate the doctrine that's in the current Bible and thus that Bible's wrong okay well which one is right look at the Dead Sea Scrolls they talk about the Lord of Light versus the Lord of Darkness that was a radical Jewish cult that wrote those so we're from boats different floats Charles do you work with personal trainer I'll send you my resume I can bike in Boulder well Lolo if you go ahead and send your resume to let me go ahead and write his email I actually am looking for somebody to help with weight training as of next year so send your email to Jeffrey Seiler and let them know and and your CV and all that other stuff will be happy to interview interview and if you're a local come by the office and we'll talk to you now no guarantee of a job now you gotta you gotta earn it so we'll take a look at the resume yeah but damn which Bible the Bible has not cannot be disproven okay well I I can write a whole bunch of things about mystical experiences that happened 100 000 years ago can't prove it can't disprove it does it make it true and what Bible there's King James Bible the Mormon bible Catholics have extended errata what about all the Bulls that have come out you got to give me more there what about those snake handlers think about them they think that you're only worthy if you get bit by the snakes and survive it's kind of occultic there was even a Christian tradition that had a whole bunch of seances it was really popular in the 1880s and 1890s in fact some of the US presidents got dragged into it and had seances in the white house how about that Lincoln got dragged into a freaking seance that was the 1860s hey Charles any books you recommend related Buddhism or meditation anything from John cabotzin Jeff Warren is also really good and he's partnered with calm calm is a good onboarding [Music] Charles can you give me your opinion on psychedelics I think if they're used correctly I'm a big fan of Michael pollan's book how to change your mind I think if they're used correctly they can have an enormous impact on things like PTSD depression anxiety and life issues in fact there's a researcher named Roland Griffiths who's out at Johns Hopkins University who's been studying these things for quite some time and the juries jury's back end and it's very clear that Silas Simon in particular can be a wonderful treatment for a lot of things that hurt people generally what they do is they reset the default mode Network it's part of your brain and they clear out a lot of Gunk and they allow you to see and experience things a new way so psychedelics have to be paired with set and setting it's you just don't take a psychedelic and you get a magical effect you need a guide that's connected to the Psychedelic that takes you on a journey and if it's done the right way it seems it has a dramatic Improvement in a long-standing Improvement in a lot of things and this is the old Shaman tradition that's why people go on Ayahuasca Retreats and peyote Retreats and why they're taking the mushrooms and doing these things but you have to have the guide and the knowledge and the right set and setting so I'd encourage you to read Michael pollan's book it's a good entry point but there's a boatload of additional things to think about there don't just go to the street and buy some DMT in call yourself shabala Oliver just greetings from Switzerland gritzy Morgan gritzy what do you use for meditation readings in your posts I use a muse s headset it has a heart rate variability scanner a Stillness scanner and comma scanner now I would the technology to be better and actually I have someone on staff who's an expert in neural feedback and eegs and these types of things and we talk every day about how to improve that technology nothing would make me happier than a roll-up of dry EEG sensors that cover the entire head along with an FDR's battery and putting them together and having the ultimate AI driven meditation program we are not even close to that at the moment it's pretty sad do you trust any health podcast love Andrew huberman he's great Peter attire is another one that's really good too how does your note-taking system look like transitioning to zetelcasting slowly but there are other things to do too the great book called How to take start a smart notes yeah and Fentanyl is bad yeah there's tons of fentanyl phenol is terrible I don't understand why anybody would lace stuff with it just kills people fit in all these cocaine fentanyl waste everything can't even handle it I'm gonna kill you why Snowden is wrong in your opinion I did a whole video on it you really want me to go back into that watch my video I explain it why two pens because just when you need to write something your pen goes dead that's why two pens have you ever spoken to Lane Norton about autophagy no hey Charles when real five Whiteboard video I'll do it next week why the lobster mic well Lobster his name is Logan you guys named him I'll never sell Logan he's very special to me what subject are you least educated about oh there's a ton of them I know next to nothing about gender studies astronomy is one actually that I surprisingly know little about and one of these days I'm going to learn a lot about it what do you worry most about in life well I think the thing that haunts me is that I have made a lot of commitments and obligations in my life and I would love to make sure that all those commitments and obligations get satisfied in terms of myself and my own experiences if I was obligation commitment free and I got hit by a bus tomorrow I'd Die happy because I've done pretty much everything a person could do I've known love I've been to 72 countries I've traveled everywhere you can imagine met heads of state built a multi-billion Dollar business met millions of people through my through cardano gained a lot of wisdom along the way I mean there's plenty of side quests amazing things to go on new things to do and I'm entering new Industries like synthetic biology and biotechnology and medicine and also ranching and agriculture these types of things and I discover new things all the time like Inspire and motivate me and push me through but you can't live a life of worry the goal ought to be is to live a life where you have an empty slate where no matter what happens it's okay and you don't sweat the small stuff if you're obsessed all the time about how people perceive you or if your brand reputation or there's something unfinished or you've failed something you're just not going to live a good life self-forgiveness is so incredibly important we all make mistakes we sometimes hurt people we say the wrong things we screw up sometimes we screw up for a long time and sometimes we never get to say we're sorry because people you heard disappear or die and if you carry that with you you're taking poison that will hurt you for the rest of time and I don't really believe in that eye for eye where your suffering has to be proportional in exchange for it to be right you just have to make a commitment to grow up and be wise and move on and do things differently so I don't tend to worry as much as I used to I still do have a lot of commitments and I'm trying to make sure that those get a nice bow tie on them but all things considered Charles is at peace okay okay okay Javier Mr Molina ever since the Snoop Dogg Twitter space I've been very upset with you Chuck in that space you said Five Guys was better than in and out I need an explanation you go into five guys they got real fresh nice fries all the hamburgers they're they're quite Savory they're quite delicious and it's just good old-fashioned burgers that you would expect and Fries you'd expect from a 1950s burger joint okay they're cooked in real lard and they're good now in and out is good as well I'll give you that I just have a preference of Five Guys over in and out and the reasonable people can disagree what did you think of House of the Dragon I haven't watched a single episode The Last Jedi destroyed my love of Star Wars and season 8 of Game of Thrones destroyed my love of the entire game of thrones universe so I have no idea about the it could be great show it could be a terrible show I don't know don't care it destroyed my love of it sorry there's not a lot of forgiveness there you guys just keep bringing this up you're brainwashed look at the end of the day he swore an oath to the United States and was given enormous amounts of secret information he decided that he didn't like what he saw and so he decided to selectively disclose a huge chunk of things to the media and then run to America's enemy now he lives in Russia the country that's invaded Ukraine in the country that kills journalists the country that has no freedom of expression and speech in a more pervasive spy State than us and sworn oath to protect them now to be fair he doesn't seem to be very good at oath keeping so Russia probably should be a little worried in that respect but by no means is he a hero we should look up to there's plenty of things that happen every day by the United States and other countries that are pretty [ __ ] terrible and people with security clearances see them every single day and disagree with them and they get sick to their stomach but they swore an oath of secrecy in this respect if he wanted to really be a martyr and a whistleblower then he should have revealed the truth and then became a political prisoner because that's what Nelson Mandela did and that's what every other person who's a freedom fighter for what they feel is the truth is willing to do they're willing to put their life and personal freedom on the line how effective would Mandela have been if he fled to Switzerland and wrote essays about how evil South Africa apartheid is how effective would Martin Luther King been if he took residence up in Toronto and wrote about how the South punishes the black man we wouldn't look up to them we wouldn't venerate them we venerate them because they had the courage to stay where the crisis was and take the injustice and March in the case of Mandela 27 years in prison as a political prisoner no he didn't want to do that instead he wants to sit in Russia and lecture all of us while in a state that does not have any freedoms at all and is more uncomfortable killing anybody that disagrees with it with poison some cases radiate radioactive substances like polonium about how bad the American spy state is which by the way is a lot less worse than Facebook and a lot less worse than Google and a lot less worse than any of these things that you choose to use every day knowing full well in the back of your mind how much they know about you they can predict when your daughter is pregnant better than a doctor can they know probably when you're worried about cancer know all these things you tell them every day you walk around with a tracking device and a microphone in your [ __ ] pocket I'm sorry there is no justification for violation of those Oaths if he really had an umbrage become a political prisoner or run for office and tell people as much as possible and it didn't change the dialogue at all all it did is it moved the things that were in the government into the private sector where they're ten times worse because they have no oversight at all and no constitutional control at all but please do lecture us about how Brave a person who swore felty to Russia who has our nation's Secrets is and how great of a hero is how courageous he is writing those multi-million dollar books and appearing at every conference in these types of things having his girlfriend live with them and I guess they got married in these types of things no you want to look up to a person look up to a person who sacrificed something don't look up to a person who fled to another country and lobs grenades at my country about how bad we are when the country he's residing in is worse that he just swore a [ __ ] oath to foreign and that's why I meditate Charles how can you ensure the wokies will never take over iog as they did with Twitter because I'm not a publicly traded company that's how you avoid that foreign he didn't swear an oath to the United States he wasn't entrusted with classified information and swore to protect it he's a journalist and he runs a disclosure website apples to Orange is completely different situation what's being done to him is wrong and I can believe that and support him whereas Snowden did swear enough betrayed his country why are you so angry at God I'm not quite at peace actually I just am not a guy who believes in dogma and Doctrine there has to be either an experience or an Evidence source and if such a creature exists you don't need doctrine written by people thousands of years ago to convince you it's something that will come inside of you and you'll have an experience and it'll wake you up unfortunately these things end up being used to control people what is cardano Constitution so that you need three pillars of good governance and if you don't have them you're not going to have a good government so first you need consent of the government doesn't necessarily mean direct democracy where you vote on everything but you have to have some mechanism upon which the people who are in the club consent to the things that happen within it that can be done by voting representative democracy direct voting giving your votes to other people that's called liquid feedback so in sip 1694 we have a whole system of liquid feedback that's inspired by the delegated representative system that we came up with with Catalyst and what we in turn took from the liquid democracy crowd second you need institutions now institutions are your thing to deal with complexity so tons of super complicated things you got things you got things like post Quantum crypto you got input endorsers which makes you have to do parallel data structures and all this weird stuff and you have all these new things that are coming normal people They don't have the domain expertise to be able to understand is this this just technobabble [ __ ] or if this is something real okay and so for the real thing you have to have an institution help you sort it all out and give an opinion on that because that has the domain expertise to be able to do that so that's the point of places the foundation iohk things the MBO these are all examples of institution the Edinburgh decentralization index is another institution because it helps you guys understand is cardano decentralized or not and they have the domain expertise to do that it'd be nice to create a standards body as well for the wallet standards the smart contract standards these types of things then finally you need a Constitution and the Constitution is something there to protect you when there are times of mob Rule and instability so institutions could be co-opted or silenced and democracy can be co-opted to a point where people enter a group think where they try to Rob good ideas for the passions of the moment to remove your freedom of speech to remove your guns do all these things look at Canada for example it's almost completely banning all the weapons because they don't have a constitution that protects it and I guarantee in America we don't get completely rid of freedom of religion and freedom of speech I had that not been in the Bill of Rights so the point of a constitution is to protect things that you signed up for that you think are always going to be true so an example could be the monetary policy of cardinal like Bitcoin cardano has a deflationary monetary policy there will only ever be 45 billion Ada technically with a governance system you could change that so a constitution would be an example of something that could preserve and protect that and override the whims and wills of the mob that said you have within the whims of the wills of the mob if there's enough desire over a long enough period of time with enough consent you can update modernize a constitution but it's hard it has to be a really important thing so the balance of those three things the health of your institutions and the quantity and quality of them the mechanisms of consent and the Constitution itself if you have those aligned you have a government and that is what we're seeking in Voltaire foreign hey Charles can you confirm a relationship between ihk and BMW any potential partnership I don't know if our commercial teams reached out talked to them but nothing's got to my level that I've signed an mou or anything like that there was a time a way back that Mercedes-Benz wanted to do something but they ended up building on on ethereum midnight why did you keep it secret for four years and then announce it before it's finished we announced it when we had the programming model in place so we're now at a point where third party participation actually makes sense so the four years was deep r d and we weren't sure if we could actually do the things that we wanted to do once we got certainty we could we didn't want to make the mistake of plutus where plutus sat for a long time in r d and then got rolled out with Alonso and then through a live mainnet you kind of go through a long beta to make plutus better we wanted with midnight that the programming model be really sharp understood a good Dev ecosystem and good launched apps before launching the main chain the goal of cardano is different we wanted to build the consensus algorithm and then use that engine to build up an ecosystem so we chose consensus and decentralization first over programmability but because Midnight's getting consensus and decentralization from cardano its primary problem it has to solve right now is programmability so it makes sense to announce it have hackathons and then start building a large group of midnight developers and then add the blockchain component because you get that from cardano it seems Eli never responded to Quantum Doge so when Quantum husky I'll get back to you guys does all the crypto research come from the military no but a big chunk of it does although it's become a big enough field that the universities are keeping their own 42 days in a float tank can do it well Daniel tell me your experience Man 42 days in a float tank that's that's a commitment how'd you not become a living raisin are you going to spend the entire ma talk about a meditation and food wow you missed the whole Snowden part the midnight part and all the other stuff New World Order stuff it's like selectively paying attention man you go to sleep you wake up go to sleep wake up you're playing Xbox right now come on be honest with me you're only like half listening coming in every now and then okay let's keep going let's keep going we're getting it done little by little little by little you do [Music] oh you might win it's called Donald going but you're worth a lot of US dollar a days yo what are your thoughts on the open Wallet Foundation yeah I saw this I think they're out of the the Linux Foundation group and it was announced in September we'll reach out to him because it'd be really nice to get some open Wallet standards we talk about certified wallets and that would be a good place to house it foreign Charles All You Need Is Love Charles do you use obsidian yes ma'am I do I love obsidian that look was very telling Mr H well thank you Brian I appreciate that as appreciate you Ryan I got you back man all major cities have replicas of the arch of ball little Paul is not a good God it's like Pazuzu the old Sumerian deity Old Testament Gods lots of rules no mercy Stanford is scrubbing sbf's parents from the web it's kind of like Harvard with the whole Epstein thing right squeaky clean squeaky clean see you name things after people I'm just sad you kind of you kind of own it what story behind the dust name okay get some dust in your hand you go what happens goes into the air and then it disappears just that simple where's a nice place for a vacation well you got to give me some more naughty potty been all around the world I'll tell you where you want to go what's your budget and where you're at where can you go can I get some proof of work hi please well if it's useful proof of work you can otherwise it's a scam oh my God this is cammies will you debate Richard Hart what would we debate about the nature of cardano he's never really commented on it outside of [ __ ] on it from time to time I know next to nothing about hex and pulse chain half the space seems to think he's an arrogant piece of [ __ ] [ __ ] scammer and the other half they seem to defy him a cultist so what are we just gonna commiserate over the fact that we got a lot of haters talk about watches he seems to have a large collection we talk about jaguerlecute the nice gyro turbian or jacquietro the automatons that they have okay sure honestly what value is there in that conversation what are we really going to talk about I I'm happy to have a debate to defend the industry I did it with the Ft I did it with Congress I do it all the time and I'm happy to have the debate to defend the fundamentals of cardano and the things that I think are important but just two personalities coming together that are radically different people very very different people and having a conversation unless there's something productive about the conversation it doesn't make any point there's there's no there's nothing of value there laughs mushrooms okay talk about lace lace is a portal we just launched the beta we'd love for all you guys to sign up December 10th it came out today Ada lovelace's birthday and we'll run it for a little bit on pre-production and then what we'll do is we'll launch it on mainnet q1 it's our best attempt to build adapt store lots of different centers together and just be that place where you can store your assets your identity and safely utilize cryptocurrency space there's a lot of love that went into it and it's one of my favorite products and so I'd highly recommend you check it out play around with the beta foreign thoughts on openai chat GPT yeah I mean things are growing exponentially there was a really cool video game that came out just a few years ago it was called event zero so you play an astronaut and Your Vessel blows up and you escape by getting to this abandoned space station and when you get on the space station the only thing there is an AI that runs the space station so you have to talk to the AI and convince it to help you to get off the station and to get home well this is a unique game it's kind of like Zork where you could actually ask questions on terminals and have a real life human conversation with the AI so if you watch the trailers you can kind of see see it in action and it was fun but it was very clear that the AI was not a true Ai and it was a chatbot well just in a few years time I have chat GPT and it feels an order of magnitude more lifelike and there's a companion called replica or over 15 million people have signed up to try to have an AI girlfriend or boyfriend and build intimacy with an AI so I think within about three to five years if this technology increases we're going to have ai chat Bots that pass the Turing test and at that point it's going to be a a big deal now the other thing is it talks about AI assisted Works flows so for example Google search do you go to Google just to search and no you go to Google because there's something you want to know do see and you're using Google as your agent to help you find that thing so for example let's say there's a piece of pottery that you saw at a convention and it's really cool and you don't know what it's called you don't know its name and if you had a domain expert in Pottery you describe it to that domain expert and they'd be like all that was made Ming Dynasty 16th century I know exactly what you're looking for it's one of those Oracle bone pots yeah yeah this is this is it right here that's assassin's teapot talk about the thing with a little hole that you put your finger on it has another chamber so you can pour two different fluids one has the poison one doesn't it's like oh okay and so chat GPT as it evolves will become that so instead of going to Google what you're going to do is what you want to find you talk to the AI and you kind of describe it and ask you a bunch of questions a friend would and then it goes to Google and does a whole bunch of magic pulls a bunch of things together and comes back to you and says this is what you're looking for that changes everything because it's basically always having the Antiques Roadshow in your back pocket they know everything about everything and it's going to pull it up together and help you kind of figure these types of things out and build a Marketplace for it now imagine that with law imagine that with research you're a lawyer and you're saying there's some case law on this there's there was a court case on I can't remember look through the whole thing pulled back and said I think this is what you're looking for well how would you do it paralegal you go to your paralegal and you'd say hey look up everything in this area come back to me let me know if there's anything on it paralegal spend a few hours come back and say yeah here you go well now it's instant it's there it's a big deal in the knowledge economy is what Gary Kasparov calls the centaurs so you combine humans and AI together to accomplish a task in his case he was thinking about Chess playing but in this case we're thinking about anything in the knowledge economy what is going to happen to the Genesis multisig after Voltaire well it's already been elaborated in 1694 is gone he's gone man he's gone go high on energy Charles I'm high on ketones yeah got all this fat melting it away and when you're on ketones your brain works about 20 faster how about that five days no food look how much energy I have you got to do it right yo the development of the offline ship's still alive no it's been furloughed that was at University of Wyoming and that team is not working on it I'd like to do it still and actually risk five would be perfect infrastructure to build on but you got to cut somewhere cdc's I think you mean cbdc's SI chains and yes we wrote a paper about that it's good paper when discussion with Andreas Antonopoulos I've talked to him before did some work together on the Bitcoin education product project Charles paper wallet yes next year what's for dinner bone broth and I'm gonna put a little bit of garlic salt in it and mix it up real nice cut the beef Chipotle there we go it's 40 calories 20 grams of protein maybe that'd be 80 over the [ __ ] now it's nothing hey hey [Music] yeah Charles do you remember the hippie house with you in vitalik and all I know all of her Swiss so I can do this history was made there then the small office in the East yes I do remember it haunts by dreams [Music] what are your thoughts on polka dot I it it's good ecosystem good people gam Woods done a good job no problem with them electric car or gas one I wanted the hydrogen economy to win out it made so much more sense to me and I it will just battery power cars they don't make a lot of sense they've never made a lot of sense so our entire energy infrastructure was built around extraction Transportation transformation storage and then distribution to the end consumer so we pull out a hydrocarbon natural gas oil we refine it to a point where it's useful then we transport the distillates like Diesel and gas to a station People pump it into their car they drive on battery power cars don't work that way you have batteries you plug them in and that energy is made somewhere else ideally you'd it to be made from alternative energies but it's still difficult okay the batteries they don't last very long they have a lot of issues with cold and heat and they tend to explode when they get hit burst into flame so Tesla has done a phenomenal job of solving a lot of really super hard problems and gradually building out an economy in fact it blew me away how magical what Elon Musk did was and they have charging stations now and all these other things and it's it's really incredible we still have that range issue a few hundred miles and it doesn't augment onto the existing infrastructure we have it completely replaces it so you have to build separate charging stations and a completely different model of how people experience this so to me it makes a lot of sense if you have a recyclable battery supply chain like graphene batteries that you can recycle and enough energy density where you have a few thousand miles before you have to charge the car at that point you can do road trips you don't have range fatigue and you charge your car at night everything's great so I see me in 2035 is probably where batteries are going to be there right now it doesn't make a lot of sense when you take the subsidies out you take a look at it it really is on a carbon basis not a good play now hydrogen on the other hand hydrogen you can make in a lot of different ways take Natural Gas you can break it apart sequester the carbon almost no carbon enters the atmosphere you get enormous amount of hydrogen this way it has the exact same supply chain Dynamics as the existing hydrocarbon business you pump it into your gas tank you pump gasoline in and your fuel cells convert it to water that's what comes out of your tailpipe water vapor okay so it's not really that bad and the efficiency keeps going up year after year so I thought for sure that that was a much more reasonable economy because you're not relying on Miracle new battery technology or fundamental changes in the grid you just retrofit the people already doing stuff and there's ways to retrofit it where you can minimize the carbon output and now you have no output from the vehicles and those fuel cells are much more friendly than batteries and that technology can evolve at a rapid rate as well and there's a lot of recycling and other things that can be done there they lost battery powered cars look they won okay so the electric Revolution is here and it's coming in many different ways and every car manufacturer is embracing a Cadillac I'm a big fan I have a ct6 and an Escalade they're all moving electric by 2035.

Lamborghini I have a Huracan and an invented RS the next models the seons and the The Replacements for those they're moving to a hybrid system the Porsche 918 so it's very clear that the industry is embracing battery at an astounding rate and it does make sense from a mobile Computing perspective our desire for the batteries here to be better faster cheaper charge faster lighter that is a synergistic investment into the automobile industry and good things are coming and there's a really a lot of cool stuff that is hitting the market like there's these Nano tube capacitors Ultra capacitors that are coming in and I think it's like spectral or something like that I'll have to look up the name of the company it's led by this Ginger German guy or I guess he might be Estonian and there's a lot of these new Next Generation things coming and I expected that I expected the demand for these types of things from the mobile Computing industry and government subsidies to have a thousand flowers of Battery Technology and then in the 2030s these would become consumer products that then you could have practical electrical vehicles from I guess we just decided to do a little sooner we do not have a clean lithium supply chain it's still very dirty and there's a lot of E-Waste and it's causing a lot of problems and I think that is a huge issue foreign diesel vehicles are way better than dangerous electrical vehicles that blow up while being charged sometimes occupants the vehicle when they blow up yeah I mean there's like clean diesel now they even do this DEF fluid which has been hell on all the diesel any diesel mechanics in the in the audience you guys could probably tell your deaf fluid horse stories I've had so many problems with my GMT trucks GMC trucks Afghanistan is a huge source of lithium didn't the military steal it for corporations no we never took it out of the ground we wanted to but what requires the country to stabilize first Chinese are going to get it yeah this is the exact point it's like all these Eco hippies they they fly on their private jets to these conferences like Davos and they lecture us on ESG and then they're like oh yeah the batteries are going to save all of us and they say okay well did you really think about the E-Waste supply chain come on now it's not cheap not cheap single best alternative energy we could invest money into if we're really serious about alternative energy that's carbon neutral carbon negative is geothermal these Ultra deep bore radiator conduction systems and if you use laser spalling you can actually make a casing free geothermal you don't have to put steel casing in there's several companies that are looking into this and they do some really cool work ever is one and then there's one out of MIT that's been drilling for a bit and it's there the Earth is nuclear powered and there's so much energy that's underneath our feet we just don't tap into it and any place I can use geothermal I do I'm using geothermal for the heating of my clinic so we just poured 19 holes and we have this entire system and the whole parking lot and the entire structure all 50 000 square feet is heated and cooled from a geothermal HVAC system and a geothermal heat system heat Source pump think about that and almost no energy just have to pump the the ethylene glycol through the system and it's a closed loop system so and I get that for free come from the Earth so when it snows don't have to shovel the snow big blizzard in Gillette no no it's not it's geothermal it's amazing stuff by the way it's base load and you have dispatchability with these with these power and if it's conduction system you don't have parasitic load on the pumps so much better than solar or wind so much better and there's no visual artifact as you call these beautiful places now the huge hills and mountains and they put wind turbines everywhere chop up the birds and they really make places look terrible I go to the beach and you see all these wind turbines out in the waters do I really want to see that come on just one geothermal to replace all those [Music] Viva La France saw your Tweet heart rate was high during meditation take care of yourself yeah I just got done working out really hard the last meditation the day before I was resting heart rate is 61. so that was a little bit better what do you think of Gavin Newsom and what he's doing in California I think gav Newson really loves controlling every aspect of your life from Cradle to grave and I think California is a socialist Paradise except for the times it's not mm-hmm when will mithril be added to lace we're going to see if we get Pi planning six but it's definitely on the road map and mithril is getting very mature spos are doing a good job with it and things keep evolving so it's gonna it's gonna happen pretty quickly and it's a high high demand of me it's a high priority because to me a light wallet really needs this we are so far beyond Trust we designed Oro doors to that you should light your fireplace well all right sir just for you I'll do it how about that is AI going to replace programmers no it's going to make them centaurs programmers are going to use AI to write better code what do you think about the world economic Forum I've gone there a few times but honestly law this is the hand motion for weft right here right here every place you go you spend a hundred thousand dollars to get in and everybody's like yeah we are so amazing oh yeah we are so amazing let's tell everybody else how bad they are and how good we are we have all these Swiss ruts in cardano and so I get invited we have a lot of connections and I can get in cheaper and these types of things but guys it's just a bunch of extremely wealthy people believing they're better than everybody else I played the game for a little bit I got so tired of it and so disgusted of it and there's nothing of value there there really isn't ugh lace looking good so far or where do I submit bug reports GitHub yes get up create a good issue and thank you for beta testing how dare you sometimes I do those things so the meme makers have a sound clip and a reference point and they can use it this is going to be a fun video to cut up who keeps the names the things in cardano ecosystem like mithril and Hydra is it just you well sometimes me sometimes others but I did name mithril anhydra Charles all I want for Christmas is a follow from you on Twitter it might happen this is a great idea Jack thank you for mentioning it Charles would you ever make a book with a bunch of topics and ideas that people can look into similar to Andreas the iom but instead it covers different topics such as farming health care and systems so I funded part I participate in Kickstarter funding for something called the book the civilization reboot manual and basically it's a book that has instructions in it that if apocalypse happens that you'd be able to rebuild civilization so it has ton of knowledge inside of it it's really really cool stuff and it gave me an idea to do just like that of the different areas that I really do enjoy whether it be AI or agriculture or medicine or crypto to write kind of a book in chapter by chapter go through all of them and then it would be nice to have a meta component where you have a theme that unifies all that knowledge so there's like this topical meta discussion that occurs of a universal principle do that would take about a year to two years and I did not have the time but I will in the future Charles looking a young Santa Claus ho ho ho Charles can you explain what a glacier drop is so Glacier drop is a subset of air drops where if you hold an asset and a glacier drop targets it you're entitled to that for a period of time and to redeem it you have to solve a puzzle and that puzzle generally speaking is some form of a proof of elapsed time a vdf or something like that or a computation or potentially even a proof of human if you don't solve it then it gets Swept Away into another account you lose it so what's nice about this is that from a tax perspective you don't have custody you don't own that asset until you redeem it and if you don't redeem it you lose it so it doesn't look a glacier drop or at least it's a fair interpretation that a glacier drop probably doesn't trigger a tax event for the user the other thing is that if you add a kycml component to a place you drop Redemption process you can Blacklist people in certain jurisdictions from receiving it so it's a generic term for doing a modified airdrop where you have to do something to redeem the thing foreign what are some of the reasons that you believe the mainstream crypto media tends to avoid cardano news in a Time spread hate and lies towards it because they don't make money from it somebody hates you it's either because they're crazy they have legitimate beef or they don't make money or they're all three it was so nice to see you well thank you so much Miss Claus so nice to see you too Love YouTube Rockstar I am the founder of enough for profit state-of-the-art neural rehab center called VIP neural rehab in San Diego have extensive experience in motion analysis would love to help you out with your project well Brad you're another person that has won the Jeffrey Seiler Lottery and so I'm going to type his email one more time and I would love for you to send an email talk a bit more about your Center and if it's interesting to us what we'll do is we'll go ahead and connect you to the Health and Wellness Center that I have and we can take the conversation from there so there you go you have it please send us an email thank you okay I got an Amsterdam story for you guys it's a good story time it's Saturday come on would you ever come to the Netherlands cardano Summit so I went to Amsterdam years ago and when I was going there a friend of mine said hey if you're ever bored jet lagged and you need something to do and late at night go to dewalem and get some waffles it's like what is the wall and they say it's the red light district yeah yeah it sounds a good way to get robbed or scammed or something he's like no I'm serious man they open up these waffle stands at like 10 o'clock and they stay open late at night and they're the best waffles you'll ever have in your life all right just blew them off so I'm in my hotel it's only like half a mile mile from the wall I'm laying in bed staring at the ceiling I have terrible jet lag I can't fall asleep it's like 11 30. and I was like all right I'll go try these waffles out so I get up I walk over to one and sure enough there's these waffle kiosks there's these guys selling waffles and there's long lines and I was like wow he wasn't lying to me apparently these waffles are pretty popular so I wait in line and I go and I get one of the waffles there and oh my God is the best [ __ ] waffle I've ever had in my life Belgian [ __ ] waffle got the powdered sugar on it got all this other [ __ ] on it's so good they even do the chicken waffles but the waffles are just so good so I ate those waffles I ate way too many of them I go back fall asleep the next day whole day I'm jonesing for those waffles I'm just sitting there just like oh man I want some of those waffles man so I'm waiting I'm waiting and waiting 10 o'clock on the dime I go ahead and go to the wall and I'm I'm waiting in line waiting for them to open up and then while I'm waiting in line someone runs into me hits me I nearly fall overnight look at him he's drunk he's got a beard and he says I'm the Iceman I'm the Iceman and just walks off who the [ __ ] is that guy six months later I'm at a hotel again and this time in Singapore on sleepless night I got my phone out just scrolling through YouTube looking for something to watch to fall asleep to and there's a vice documentary about the Iceman Wim Hof and I click on it it's the first time I'd heard of Wim Hof and I see him and I say that's the guy the waffle guy who ran into me and called himself the Iceman so there you go there's two things I know about Amsterdam they have amazing waffles and the ice man will run into you from time to time you guys didn't see that coming out did you Frosty reception Charles hello from Nostradamus good to see you Terry and thank you for the meditation email did you do or see anything interesting when you were in Scotland oh absolutely I went to the Loch Ness man but all up and down that Loch Ness looking for Nessie the restaurant nessie's what do you think about Jordan Peterson now that's an interesting one Jordan Peterson is a brilliant man absolutely brilliant guy and he spent a huge amount of time in the intersection of narratives storytelling occultism and philosophy and psychology so he's kind of pulling those things together and it's maps of meaning was like this long incomprehensible book and if you look he's almost a union but but he would never call himself that but he's he's in this circle where he thinks a lot about narratives and storytelling and and how people go through Rites of Passage in society is deeply principled guy and he has strong feelings about how people can co-opt Society with narratives and control structures to remove freedom so in general when you take a look at a subversive philosophy that wants to come and Conquer a society there are four stages to it the first is indoctrination you find some group of people and those people you indoctrinate to your philosophy then they get really excited and fired up about it you make sure they're young people so usually you do it through educational institutions then those people when they grow up they get political power so they they go into the institutions okay the government Fortune 500 companies and now being in positions of power because they believe in that philosophy they institutionalize that philosophy then once the institutions believe in the philosophy once they get to a critical mass they criminalize any attempt to not adhere to the philosophy and usually they criminalize it in a soft way to start through control of language through control of culture social norms and a concept of de-platforming to the other Exile these types of things and then what happens is the criminalization increases increases increases increases until there's actual imprisonment and then the final stage is gulagging the areas of society you can't convert or punish you put them in camps and get rid of them so this is a model that the KGB used for communist aversion and if you take a look at the woke movement there's a lovely book called madness of the crowds where a lot of the Communist stuff and post-modernist stuff they just stop writing about that and the same people started writing or their students started writing about the woke stuff and so it's just a there's an intellectual direct arrow that Murray wrote down and shows between how that philosophy connects to that so Peterson he collects stuff from the Marxist Revolution and he looks at the Soviet Union the same way Israel looks at Nazi Germany he looks at it as the evil empire and rightfully so tens of millions of people were systematically perched and killed like more than six Holocaust worth of people over a 90-year period 80-year period excuse me and there was just a systematic destruction of people the Soviet system was so pernicious that they would venerate children who tattled on their parents and got their parents arrested or executed there's even statues they put up for that so the the state was God it's always Supreme and you could never overcome the state so any philosophy that tends to use the same tools and techniques as Marxism to try to get its way through indoctrination institutionalization criminalization gulagging Peterson because of the way he's programmed is going to be radically hostile to that so he looked at the woke stuff in particular subset of it the trans stuff and they're trying to get control over language and in Canada he perceived it to be criminalized and so that's the hill he wanted to die on and it made him famous and since he's become famous he's had this difficult transition where he's gone from an academic that no one cared about or listened to to an international figure that has inspired or been reviled by millions of people with best-selling books a thought leader invited to speak has podcasts and every time he goes on millions of people listen to him so it's a huge transition for him on his own personal Heroes Journey obviously it's caused him a lot of harm he's had a lot of difficulty with that transition the criticism the fame and he's had stumbles along the way you said drug issues and these things I he was going through a lot of family issues and he started taking a few substances through a prescription and like many people who get hooked you don't just get hooked from Street dealers you can also get hooked from your lab coat dealer your doctor he got on stuff that was hard to get off and it really hurt him and it's tough to be in his position because when you strip him down to his layers he's an understandable a bit difficult a big academic who's very careful with his language and thinks about things in a very nuanced complicated layered way that involves personas and archetypes and and psychology and and myths and stories and these types of things and he's in love with a certain way of living that wasn't so controversial not too long ago and sees the new way as something that is basically a gateway drug to A system that killed 30 million people when you look at them through that lens you say I kind of understand where he's coming from there's probably some kernels of Truth here let's let's sift through it and figure out what to keep and what not and let's engage in an intellectual argument and debate the problem is that the people who hate him believe him as basically a high priest of fascism and alt-rightism and feel that he's going to go and Destroy Society if he's allowed to exist and so they want to de-platform him looks a lot the criminalization doesn't it after you've been indoctrinated people you can't Silence You Gulag or criminalize and you you kick out so he's just an interesting figure and the fact that he exists tells you how bad things have gotten Jordan Peterson would have not been popular or existed at all in 1980. but the dawn of social media and the absence of Hope or meaning in a lot of people especially young men has created this phenomena and there was a lot of people that feel he broadcasts straight to them and gives them structure and order in their lives which is why he wrote the 12 rules and these other things and I could definitely see how people use movements in religion to subvert and take over Society if you go back to the Nazi party for example all the inner circle of the Nazis were occultists and they created a new religion Nazism was not just a political philosophy it was a physical religion it had rights and rituals and passages and it had prescriptions for your children the Hitler's Youth the the SS were the high Priests of this thing they took the Thule society and roster Christian ideas and they took ideas from the volkish ideas that post Bismarck reunified Germany and pull these things together they took some Viking philosophy in fact Jung even wrote an essay in 1936 he attended the Nuremberg rallies in the 30s and the one that he attended had over 800 000 people and he looked at it a gigantic ritual and he equated Hitler to Odin being possessed by that spirit and and that connection there so there was a lot of neo-paganism that was Blended in into a very racist philosophy that became effectively a state-sponsored religion and death cult that's why the Nazis were so incredibly dangerous in fact going back to the old Vikings you had the Berserkers in the so the wolf men and the bear men they take drugs and fight in battle with bears against wolfscrones naked with axes very terrifying people well the Nazi soldiers took pervatin which was meth and the whole Army was just taking tons of [ __ ] math that's why the Blitzkrieg was so effective they just they could stay up and fight for days until their hearts stopped working okay so they had a Berserker culture inside the Nazi culture as well so there was a lot of influence there in these things so generally speaking when you want to try to change the social order you have to go beyond just a political ideology or philosophy generally you create some form of a pseudo-religion wokism is a suit of religion it has high priests it has Rites of Passage it has special coded words special language and vocabulary consequences for disobeying it ways to get Redemption check your privilege these types of things Doctrine like CRT and anti and the fragility training and all this other stuff that they do and if you are a guy like Peterson when you see that you deconstruct it to those roots and you say this is a subversive pervasive thing and because its roots come from Marxism and they push in that particular direction that if they are allowed to take over they're probably going to do what the marxists do that's what he thinks and that's why he takes it so seriously it's not an ego trip there's certainly some ego there and he has difficulty with it which is why he's had troubles and struggles but there's deep down inside a worry that consumes him in that respect so and you see these things the response ought to be like any other thought leader you read Jung's essay on Hitler being Odin in 1936. it's not an endorsement it's a discussion and it tries to make sense of how can an entire nation-state get caught up in a Mania that makes them comfortable with genocide it's the same in the 90s with the Hutu in the Tutsi in Rwanda how can a nation-state just be comfortable with killing hundreds of thousands of people so quickly in a hundred days and you ask why and it's too easy it's a cop-out to say well those are evil people okay yeah there's plenty of evil people out there we have multiple times sociopathic murderers you got Jeffrey Dahmer's running around Jeffrey dahmers don't take over countries and rally a country and Inspire loyalty and belief and get such a strong fervent religious connection to somebody that you that you're willing to die for that person they're loners who live on the dredges of society Exiles who take advantage of being able to hide within it to cause harm but when discovered we we hate them revile them and kill or imprison them so philosophies religions these types of things they do tend to do these things the good ones tend to treat everybody nicely the bad ones tend to say that there are special people who get into heaven and very bad people everybody else is a very bad person and it's okay to do bad things to them Viking philosophies in particular if you look at the old Pagan beliefs that they had they had this idea of the inner and the outer and the inner belief is your tree your village and the things that happen there you have one moral code and the things that are on the outside the outer has a different moral code that's why it's okay to get in a boat and go into the outer and rape and murder in pillage and collect slaves because you're not doing that to the inner that's a pagan Bronze Age philosophy you see and today we see that we say well that's terrible the Romans had a similar concept it was more institutionalized but people forget that Julius Caesar killed two percent of the world population in its purges of Gaul two percent whole world it was just a genocide perched all of it for Glory nobody in Rome batted an eye about it you see and so these are ancient philosophies they should stay in chat the Nazis resurrected it the Communists also resurrected it they created a social order of inner and outer and anybody who was connected to the Past was outer look at generation zero with Pol Pot as an example or how Mao purged 50 million people you see so it's very dangerous anytime a philosophy materializes that has a concept of a club and if you don't be pure and live within that club you must be exiled de-platformed and hated because you're very close an inch away from that moving a little bit over to now we must use Force because they're too dangerous to exist that's why you see the hate speech stuff and these other things it's very subversive from that perspective so interesting guy and there's just tons of these interesting things you see them throughout history and the more you look the The More Everything Rhymes and by no means is the only thinker there's plenty of them floating around and it's always fun to listen and hear you don't have to agree with everything in many cases you may agree with very little are you a Sam Harris fan actually this is interesting Peterson then Harris I used to listen to Harris all the time but I think Harris has become co-opted by indoctrination in the left to a point where he's no longer credible like when he left Twitter his position on hate speech his anti-trumpism and how fervent that is to the point where he's deranged a bit and it's a shame because I read waking up I listened to his podcast I even downloaded his app and there's a lot of good there he's a brilliant guy and he has a incredible thinking skills but just because you have incredible thinking skills doesn't mean you can't be co-opted by an ideology to an extent where you start applying those thinking skills towards that ideology and use it to justify like Thomas Aquinas for example there's a lot of logical contradictions and Christian Catholic Doctrine and he went to gargantuan lengths to try to construct elaborate structures so that effectively these contradictions went away the thermo theologica and these other things like why for example do you get punished in Hell infinitely think about that you have a finite time on Earth regardless of the sins you've committed why should you for finite crimes receive an infinite punishment and so he has to construct a house of things to to be able to justify that Doctrine brilliant guy very few of us could ever stand Toe to Toe with a modern Thomas Aquinas it is just it's just one of those guys and he would not want to get into that fight and I put hair I don't necessarily put Harris at that level but I do believe he's invested a gargantuan amount of time into thinking and being effective in that respect but I do believe it's the well has been poisoned a bit and it's pretty sad too because we've lost a great mind why do we the Massey why the Massey hat well because I own a Massey Ferguson tractor Charles you love the talk well you're the one in my AMA listening to me talk it's it's a dialogue right you ask questions and I answer them that's the point of an AMA maybe you don't understand that definition let's it's okay go to Google read about it and then once what an AMA is come back is fully homomorphic encryption on blockchain consistent with current AML legislation it could be but it does need a did everybody involved has to be involved and you have to have some form of view key to be able to verify the transactions foreign those pretzels love yourself I bought them for the office I'm not going to eat them or I'll I'll eat a few of them but I bought them for the office they're going over there the snack room the office and everybody else they have them okay but it's what I do when I'm fasting okay I don't actually eat I just buy food about a thousand dollars worth of cakes and gift baskets and chocolate Delights for Christmas for my family send them to my mom and dad they're in the mail okay I just I just needed I just needed the shop for food give me that give me that [Music] mm-hmm [Music] thoughts on Monero the Monero Community seems to think a lot about midnight even though they don't actually know anything about it I don't know too much about Monero in its current state about Ring signatures and all the other things where it came from but I haven't really looked too much in Monero for several years so I'm not going to comment on Monero and maybe the Monero Community could give us the same luxury about midnight maybe just maybe foreign the best beer you've ever had okay I was in Greece in Athens and there's this restaurant that's nearby the Acropolis Museum it's called God's restaurant it's a tourist trap and I at every Greek okay a lot of Greeks work for my company yeah and every Greek's like why you go there instead of strap don't grow there only malakas go there and I was like no I love their food it's good and they have this big thick Mythos beer that they serve hot in the summertime the sun's all over you go to the Acropolis and you come on down and you're sweaty you sit down and you have your miso spear and you get your saganaki you get your octopus okay get these things and they just take them out eat them you drink them ethos beer is the best the best and you have an acropolis View I didn't say this at all but that's your problem that's your problem you see this is the problem everybody's so divided right now they can't hear what people are actually saying they can't see what actually people are doing when you take a language and you open it up and you start making arbitrary changes to that language very rapidly without any consistency or objectivity to it at any time people can co-opt that process and use it to control people it's what the Communists did it's what the Nazis did it's what many people have done it's a dangerous thing to do and sometimes you have to do it sometimes it's not a good idea but don't just assume that it's always a good idea and there's no consequences for it and don't just assume that the structures that are put in for equity and fairness or your perception of it won't be abused that's the point and that's the dialogue but what's happened is one movement's come in and it said that it's already been decided and anyone who opposes us is evil that's a fact it's happened and it's being institutionalized at the moment in the debate never got actually had we went from zero to 100 and it makes some people uncomfortable and if you can't see that you're the victim of propaganda that's the point you have to accept that this is a nuanced society and there's plenty of people floating all around who have different viewpoints and different beliefs and all of those people are human beings you and they deserve dignity respect and accommodation just as much as you deserve dignity and respect and accommodation and if we're all going to get together in a mixed Society with different religions and viewpoints and philosophies we have to figure out a way to have conversations with each other and dialogues with each other it doesn't always mean we're going to agree and it doesn't always mean that we see eye to eye on things but at least we can respect some fundamentals of dignity okay and believe it or not if you do that more often than not you make friendships and connections and people you thought were enemies or against you actually support you and want to fight for you and give you something you see and that's our option civil rights movement did this the 1960s and 70s there were people like Malcolm X that said burn it all down black panthers burn it all down and there were other people like Martin Luther King who said let's show them our Humanity kill him with love and it turned out that that worked Civil Rights bill 1964 and there was many more Milestones along the way but every time you go and show your humanity and you're willing to engage in a dialogue and inspire people and raise people up every time you form a beacon to do that you find out that there's more people who are willing to love you and be with you and and treasure you and and connect and understand your movement and it allows you then to overcome the injustices that you perceive if you go to war with people it's Sub-Zero for you to win they lose you're taking something from them you're hurting them and you're the enemy and what do you do with that where do you go with that so you can hear what you hear but there is an objective reality about these things and there's an arc and Nuance of history and believe it or not we're not the first country to go through problems we're not the first era Our Generation isn't the first generation to have existential challenges every generation has one every era of humanity has one in a few Generations time we're going to have transhumanism and it's going to be a big issue because people are going to start augmenting themselves with genetic engineering nanotechnology and cybernetics and then suddenly you're going to have a group of human supremacists superhumans that are around the wealthy and these people will have abilities that most people could only dream of and thus will be more competitive in a capitalist Society so those augmentations will make them in their inner circles forever overlords over Society how does capitalism account for that how does capitalism account for AI killing a third or fourth of all the jobs in America all the long-haul Truckers all the knowledge economy workers that are in an administrative role the paralegal that I just mentioned earlier how does capitalism deal with that that's what Andrew Yang has been talking about right so that's going to be a bigger issue for us than what we're going through right now the problem is that you get to that from where we are today so if we have the wrong foundations that those foundations will build up the wrong structures and people have very different opinions so for the sake of the argument say the Nazis survived and they managed to get peace with everybody and keep their empire in Europe imagine how transhumanism would fit into eugenics it wouldn't just be we're gonna have augmented and non-augmented to be everybody's augmented and there's no non-augmented left because they're the Neanderthals let's purge them there were more than 20 species of hominids in addition to the homo sapiens they're all gone because we are the ones who are smarter and we used that to eradicate all of them so that could have happened had they existed because the foundations allowed that so people who think about the foundations are very valuable and the debate in conversation about foundations are very important and this has everything to do with blockchain as well because what blockchain does is encode these belief structures your level of privacy your fundamental human rights behind your money your identity the your right to vote your right to access a Marketplace your freedom of Association your freedom of expression all those things that we take for granted because we think they're permanent turns out for all of human history they haven't been it's a very rare blip in the enlightenment where we've had them and even still there are people trying to take them away every day you can use these systems to preserve and protect them or you can use these systems to guarantee that you don't have them the next generation is going to have to deal with a lot of really crazy [ __ ] AI is being smarter than us that transhumanism stuff and it's tough and people write about it like Nick Bostrom and and Ai and the problem of control there's all kinds of great books life 3.