hi this is Charles hoskinson broadcasting live from warm sunny Colorado always warm Always Sunny sometimes Colorado today is September 19th Sunday Sunday Sunday Sunday 2021 it has been a very long and archuous month we launched Alonso this month we have the summit this month like 50 plus thousand people all kinds of crazy [ __ ] going on announcements and this and that in the other and thousands of smart contracts already deployed and all kinds of things people are doing it's crazy you guys excited you fired up well I sure as hell am I'm tired very tired but you know what a little bit more of a Sprint one last big big sprint that I could take some time off at the end of The Summit I am going up to my Ranch and I'm spending two weeks shut away from the world no Twitter no internet no nothing just me and the Bison that's gonna be fun then mid-october get back to work and then go right to Africa we're going to South Africa Burundi I think Malawi Zanzibar Kenya Ethiopia and Egypt how about that all the way through lots of heads of state to meet lots of ministers to meet lots of Private Business people to meet all kinds of cool [ __ ] coming down the pipe everything is working the way that we thought it was going to work for the most part there's a few more hfc events that are going to be required to clean stuff up so uh what's gonna happen is block size over time will get larger congestion control protocols be put in optimizations that The Ledger put in compression on the script level put in all kinds of syntactic sugar put in PAB is going to rapidly evolve and that's going to be a lot of fun and then we're off for the horses with mithril and side chains and all the Basho agenda and we'll be talking about that at the summit my keynote and the utility track at the summit we have four tracks utility adoption governance and impact tons of presentations in each a lot of musicians have reached out to us I just interviewed Paul oakenfoot and that was fun and before that we had ZZ Top and others and they just call us out and say Hey you know we want to do something cool I said all right that sounds fun uh so uh get to play liaison to rockstars and that's not bad and we've had a lot of other really cool things come down to Pike so it's gonna be a huge event you guys may have witnessed the online world we had a partner called active theory that we worked with on that and they do these big online worlds for conferences because we recognize that because of covet it's very difficult for people to travel and aggregate one location even if that location the covert restrictions are too bad the actual Act of getting to that location and getting back into their host countries made it impossible for us to have a giant event with 20 30 000 people so we said if we're going to do an online event uh where it's not going to be just some shitty Zoom thing it's got to be fun and exciting so we worked and partnered with active Theory and they built an entire collection of online worlds I think about seven of them one of them I helped design I said I want to have the entire world on the back of a giant turtle that's floating through the ocean there you go you know uh what was that movie uh the never-ending story I think is the one that had the giant turtle Island I can't remember which one had it but I brought you as a kid and we wanted to have some fun with it God damn it uh so yeah very busy a lot of things coming along we're learning a huge amount Community is learning a huge amount and um you know yeah we're in the the schlog of it the development continues to come along at a very nice Pace a lot of commercial adoption we have 500 deals in our pipeline about a hundred we're probably gonna have to cut off because we don't have resources to service them but it just keeps growing and uh that's fun but anyway enough about cardano this is an AMA and that means you guys get to decide what the questions are what the agenda is and I got my coffee I'm ready to go bless mama okay a coffee mugs from Goodwill [Laughter] okay all right let's see what you got ta do hey Charles have you always been this articulate and well spoken I find myself having trouble putting my thoughts into words when put on the spot any advice uh so becoming articulate is some people have an easy time with it I didn't I'm just a meticulous editor anytime I write anything I think anything I always revise I always edit so things I really care about sometimes I'll edit it for every hour I spent writing it I'll spend like five hours editing the document going through revising language thinking about it and so forth and I also speak it so uh everything I write I I speak and uh you know some cases I'll do speech the text just to see how it sounds um I've done so much public speaking over my life uh that I've gotten very used to just thinking on the fly all kinds of things but that became from a lifetime of reading a lifetime of writing and a lifetime of revising and speeches Toastmasters and all kinds of things you can do uh to get there but learn how to be a good editor and then you'll actually end up being a good writer and be a good speaker foreign are you attending the Mike novograts podcast well we're just an identity token according to Mike you know we have no adoption five million customers just in one country million plus community members thousands of smart contracts being deployed big ecosystem map billion dollar fund but who the [ __ ] cares right because we're just an identity token let me translate the billionaires speak for you they didn't get a chance to get in early to dump on retail people so it's not a very interesting project other projects are very interesting to the VCS because they got in early card out on a very egalitarian distribution way back in the day and that's why there's a bit of friction with Silicon Valley the other thing is I have no Silicon Valley friends I own 100 of my own company IO Global so you know there was no spread the wealth and love around there you know so I just kind of do what I want that's not something that sells very well New Yorkers sells very well and California so they either leave us off the list or talk bad about us meanwhile you have Mark Cuban come out and say they won't allow defy to exist without identity you can't have Anonymous defy well Mark who the [ __ ] was building prism who had this idea two years ago tested it at scale with millions of people in Africa working with Regulators on it huh yeah it's like it's like they have this block in their brain for stuff but yeah it is what it is what can you do you don't do these things to be loved you don't do these things to be popular you do these things because it needs to get done and if you get it done it changes lives of millions of people eventually billions of people that's why we're here and that's why we do what we do and everybody wrote us off as dead every year every single year either they ignored us or wrote us off for debt and lo and behold they're still doing it coindesk and coin Telegraph and decrypt and all these other guys and we're still here and we're still making progress and we're still growing community's not going away value comes from you the people being here thinking building acting doing that's where value comes from there's millions of you this goes on forever if there are tens of millions of you we change governments if there are hundreds of millions of you we change the world that's how those numbers work saw the Eagles on Friday I tweeted a little bit of that Joe Walsh was there he's got a little Hunchback and he's got the guitar and and he sung the life's been good and he's like my Maserati don't want it at five and I was like damn Joe's still got it man he's still got it and of course they had Deacon fry there so Sean fry was one of their founding members and he died I think in 2015 and so son Deacon came up with kids like 24. he's super young he got all these guys in his 70s and you're gonna Deacon there they're all looking at it I'm like you know we're going to bed after this but you actually have to go and do all the rock star stuff and he's like oh man I got the whole weight of the Eagles on my back I gotta be the young 70s rock star poor kid ah Jax well [ __ ] we got five or six or seven or whatever launch it on cardados they're doing [ __ ] there's meld and Sunday Swap and all these other guys they're gonna compete and do stuff what do you mean by decks Charles how do you feel about any unethical projects getting built on your blockchain is it something you have to deal with no why because it's open infrastructure if it's open infrastructure by definition good people and bad people have equal access to it Community curation regulation and other things will show up to help clean that up and that's the point of Voltaire that's the point of catalyst that's the point of ambassadors and the foundation and point of view guides using your brains you know almost all these scams are not one way okay the difference between a scam and a robbery and a burglary is the burglary is you're not home or you're home someone shows up and takes your [ __ ] and runs off a scam they show up talk to you and convince you to do something with them that ends up having you be the loser in that proposition so you need to vaccinate you need to inoculate your mind against these types of things giveaway scams are the canonical example of that I come almost a weekly basis we are not giving away Ada we are not giving away Ada I tweet it I make videos of it I tell people in person and the community acts as surrogates and they broadcast and they amplify we do everything in our power every day there's no exception I get an email from somebody hey I didn't get my Ada you know it's just extraordinary to me if they did five seconds of Google searching giveaway scams are a scam giveaway scams or scam the videos are there the pins in there all that stuff doesn't matter somehow they just want to believe it's true and so they go and do it and yeah sure there's liability liabilities to YouTube they make money from this with sponsored videos and all these other things hijack channels if I mention covid in this Ama YouTube will put a little Chiron at the bottom that says covet information okay their natural language processing algorithms are so [ __ ] good that they can do that this video is probably going to have it because I say coping and they just do that automatically it's there it was a priority meanwhile giveaway scam these videos always look the same they have same characteristics same setup and they're across our entire industry like sailor Elon Musk vitalik myself Adam back across the whole industry Steve Wozniak and ripple are both suing you two over it no Kyron giveaway scams are a problem never give away your Ada wonder why you know so that's unethical and that's the Legacy side of things what does YouTube do about that nothing absolutely nothing at least here when we come to the summit we're going to talk about certified daps staff stores all kinds of things there's all kinds of real things in the Utility side and what that allows is both professional and Community curation to help Force projects into a certain mindset there's also a huge conversation about governance governance isn't just about execution it's about auditability and transparency and integrity in these types of things we as a community have to work together to create those standards for our community and for the industry if we're ever gonna get out of all of this and those unethical projects can't survive in that respect if we don't work together you know well then they'll just continue existing um 100 100 I was gonna click wow wow wow Charles are we half a puss or satapus we are half of us today sir it is a half a puss month yeah it's going fry Fray yeah whatever you know the he was one of the founders of the Eagles it's Deacon it's his son I thought it was fry it might be Fray is it fryer Fray you guys remember [Music] how was the crypto Lobby effort going I'm probably gonna sneak away to DC and actually talk to some people about that right after the conference then go on vacation so there's a gonna be like a meet Charles hoskinson at DC but a lot of lawmakers also talked to the attorney general state of Colorado here a few days ago and probably talked to the governor in a bit obviously we engage a lot on state politics in Wyoming and then usually Federal politics through the Senate uh it's progressing uh there's a lot of misinformation there's a lot of unfair uh beliefs structures that exist and it very clear there are members of the Treasury Department that are just saying things that are nuts absolutely nuts so in other words uphill but you know the industry will work together and we'll get it done I keep getting mugged by hashgraph people Charles what is the deal of this hashgraph stuff I don't know you know I've always maintained the same position I know nothing of hash scratch I'm never going to know anything of hashgraph you know they seem to have this bizarre idea that intellectual property is a good thing and it protects the ecosystem which is against the entire ethos of of the floss movement and I said prerogative decision that the principles of the project made and then they'd like to come to our community and cram into her face oh look at all these commercialization projects we do sure okay but I don't care why do you care it feels like a deep insecurity that they have at least members of the community uh you know every tweet every Reddit post everything on telegram hashgraph hashgraph hashgraph look at this thing it's like guys go somewhere else okay if you're so great you're selling why do you need to come into this community and just [ __ ] post and troll why why why do you need to attack me why do you need to do all this stuff I I have a pretty reasonable belief set here I pay attention to open source protocols and projects because that technology allows me to freely use it and collaborate with it and we do research Partnerships all the time with different blockchains that are open source if there are patents or things are closed Source or there's restrictive licenses we just don't work in that domain there's a long history of this in cryptography there's a great signature scheme that came out that was a building block for lattice based crypto it's called ntru and it's patented no one uses it brilliant stuff brilliant technology but no one uses it because it's patented okay if there's intellectual property and you have open source Alternatives go do those open source Alternatives so I'm much more inclined to look at what men's doing in avalanche and their metastable consensus then look at hashgraph someone comparable but Avalanche would be far better and might be why because it's open the ideas are open we can talk we can collaborate we can write papers together there may be things they're doing that we can borrow things we're doing they can borrow that's how things should work and these people they could say well that doesn't matter because we're getting commercial adoptions like sure mongodb has commercial adoption too it's Live and Let Live guys stop being so insecure your community is not my problem what do you think about the discussions of ivermectin as a covid treatment it's an antiviral and anti-parasitic Drug it's been around for a very long time there's an enormous amount of misinformation that exists there's a lot of studies outside of the United States that are showing efficacy in the early treatment of covet I'm not a doctor I'm not a virologist I'm not a medical researcher but I do know that when you say we're going to do an all of the above thing and we're going to look at things as exotic as REM dezavir and we're going to do research there that everything should be on the table pre-approved prescription drugs that can be repurposed should be at the highest of the hierarchy of research because those drugs have already proven to be safe and effective in different domains and contexts and they have a long track record of being used they're cheap to manufacture although there are some issues I think Bayer owns the bacteria that can make Ivermectin so it's not as easy to make as other drugs like hydroxychloroquine but it is something that should have been studied way back in the beginning of the pandemic and we would already have dozens of phase three clinical trials now there are a lot of meta-analysis that I've seen Dr John Campbell presented one that showed that there actually is mortality reduction and there are certainly people on the front line Critical Care pulmonologists and others that swear by it and I know damn well a lot of people take it when they get covered in their recover as an anecdotal is it real who knows complicated condition but what's extraordinary to me is that people with bachelor's degree in journalism that are so far away from medicine they don't even know where your organs are in your body go ahead and Proclaim from the tower that the drug does not work and it's horse Dormer person who discovered it got a Nobel Prize it's not it's used in humans I've taken it once in Africa it's a common drug billions of people have probably taken it through the years so it's extraordinary to me that um they've taken that position as if that's an established fact you know and they say trust the science and you say okay well what scientific stuff has come out that shows that that doesn't work not a lot there are some credible placebo-controlled phase three clinical trials double-blind that are coming out with large enough cohort of patients and we'll probably get an idea of the efficacy of hypermectin yet it's like more likely to work than hydroxychloroquine uh but you know who knows but it's just one of many many many things it goes into treating covet as a condition and you can't put all your eggs in one basket I think the principal argument against Ivermectin is this belief that somehow because ivermectins around if it was to work it would prevent people from getting vaccinated that's another interesting topic 73 I think of the adult population the United States are vaccinated last year this time we had about 9 million active covet cases this year this time we have 9.2 million active covert cases and the unvaccinated population was 100 percent this year lasting because the vaccines were out yet okay there was insignificant amounts of like phase three clinical trial people that had some degree of immunity but okay uh so the vaccines don't stop the spread and they don't stop people from getting infected what they do is they stop the emergence of hospitalization and death which is exactly what we want so if you get infected from any variant of covet post-vaccination there's a very high probability that that the vaccination will combine with the natural immunity give you broad spectrum uh so there's a very famous virologist who was on The Joe Rogan podcast named Vincent Rock and yellow and Vincent is from Colombia he's been doing this for [ __ ] forever he's one and he runs a podcast called this week in virology that I do listen to a lot and you know he mentioned that there's a lot of evidence that if you stack a vaccine with natural immunity these two things together create a broad spectrum immunity that seems to hold up regardless of the variants that are present so if that's the case the second wave we're seeing given that everybody's vaccinated that means we won't see another wave next year which is why it's bizarre to me that we have these booster shots being pushed they're not necessary if the vaccines are protecting the vast majority of vaccinated people with these variants that are in circulation from hospitalization and death if you look at the ICU numbers I looked them up recently 25 000 people in the United States are in ICU with covid out of a capacity about 90 000 and so they're almost at capacity of the icu's right now almost 98 are unvaccinated and of the two percent who are vaccinated there's usually more to that story there so this is really a crisis of the unvaccinated in that they're the ones at risk but I don't believe there's any evidence at all that the unvaccinated prose and existential risk to the vaccinated there's and they if they make this argument well but we need to because if we don't there's going to be lots of mutations and those mutations will come back let's be clear here we could have a hundred percent vaccination rate in the United States 100 and that argument still holds because we don't have vaccination globally so the only way of stopping that would be to restrict all travel in the world and have quarantine zones at the borders like like the black death is coming out so unless that's the mindset there's no logical consistency in this argument that the unvaccinated or an existential threat to the vaccinated they're not when you look at the numbers and all and when the vaccinated contract covid they have usually a milde symptomatic case that's what all the evidence and data are showing us from the CDC and then after they contract it they have broad spectrum immunity which is another thing that we've seen and studied so you don't need the boosters you don't need vaccine passports it'll burn itself out you'll have hurt immunity here and hurt immunity without mortality and it's okay for people to get sick we accept that every year with influenza and all kinds of other communicable respiratory diseases it's not okay for people to be hospitalized it's not okay for people to have permanent damage as a consequence of that and that's really what the vaccines are doing um but you know this is just a medical industrial complex thing what our government is the United States has done is it it has done the most immoral unlawful thing I can imagine they've let private companies take no risk and gave them billions of dollars to develop a product that that private company gets to own and then sell at an enormous markup Pfizer made 33 billion dollars off of covet and then with mandates and passports they create a Perpetual Market where every year everybody has to buy that product that we the taxpayer paid for if this wasn't some bizarre fascistic corporatistic thing a reasonable well thought out government they were doing this would have nationalized the vaccines because we paid for them using the defense production Act and it would have also uh taken the liability protections away and so if you get harmed from the substance you can sue the government because they nationalized it and they take that liability it would have removed a lot of the nepotism and Corruption instead they're going to blend the flu vaccine and they're going to blend the covet vaccine together and their Nano flu is already one platform for that but Darren is working on a platform for that and it's going to be a yearly occurrence and now we're papers please because of vaccine passports and travel will continue to be restricted into 2023 and more likely than not which is just extraordinary it's not a free Society this is not a free world this is medical tyranny in my view and it's not backed by science or evidence you can see it in the numbers you can see it through Israel all of these other places uh and they say open up the icus are filled they're filled with unvaccinated people be [ __ ] real about it and again 100 vaccinated people we still have unvaccinated countries where's the vigilance to get vaccines there well this whole allowing private companies to own these these things that are connected to National Security kind of prevents that because a CEO of a private company gets to decide instead of the world with open source vaccines going back to patents which I hate so much it's a [ __ ] joke by the way where did the flu go 35 million people in 2019 2700 people in 2020. where's the story on that we've never defeated the flu before but it just disappeared private companies made it Chucky no they received first money from Barda the vaccine challenge then they received enormous government subsidies and then they were removed all liability from it you didn't make a product if I paid for your product I created a guaranteed market for your product and I de-risked the product if there's any defect or problem with it you have no liability that's not free market okay I don't know what the [ __ ] that is but that's not free market and if you think that is you're not very smart ape Pfizer didn't accept the money but my narrative hold but they did bioin Tech got a [ __ ] ton of money from the German government and biotech was the one who made it and Pfizer has a built-in guarantee in their distribution there was a in the operation warp speed a purchase of 100 million units of it so they pre-bought it and the money was upfront guaranteed and all they r d was subsidized by the European Union through partnership that's clever marketing laughs uh you guys guys you're so [ __ ] brainwashed turn off CNN actually okay this is an interesting question right here so how do you feel about saying that money does not make you happy as long as you're healthy I personally think that wealth makes Better Health okay I have a story about this so when I first came into the cryptocurrency space there was a person who came from a very prominent family he's actually the descendant of two prominent banking families in the United States and he was worth probably over a billion dollars he had 14 trust funds uh and so every time I go to New York I'd see him and he was always surrounded by a posse of people and most of them were sycophants and deeply unhappy guy very smart very talented but deeply unhappy guy and he ended up dying of a drug overdose in a in rehab uh and you know he was a champion scuba diver and um he started fashion labels he did all this stuff but he wasn't a very happy guy he was always chased by his demons why because he had all his money but it came from this Legacy and the money didn't validate or Justify him it was a burden of responsibility that he didn't really want to sign up for he was born into that responsibility we have this mistaken belief that wealth somehow gives you health happiness all these other things it doesn't do any of that you see if you are just given something and there's no skill involved in that it's like that Twilight Zone episode where the dude always wins and he finds out he's in hell that's that's literally what that is and even if you've earned it you're not defined by the wealth it's an after effect of the things that you did I build ethereum with vitalik and I was there for five months okay I did cardano you know I've done all these things in my life oh and and you can read articles and books and blog posts and you see all the videos and the journey and the progression and the people I've met and see the hair fall off my head you know the belly get bigger it's a shared experience it's the Journey of a lifetime 52 countries in a handful of years just about to go meet five heads at state next month go see the tombs of in Egypt you know it's going to be a lot of fun is what matters is the journey the experiences the the things you do the people you meet along the way the things you accomplish and build now you might get fabulously wealthy doing that or you might end the entire Journey absolutely abject poverty and broke there's been a few American presidents who were poor when they retired and died but there's an amazing journey there so there's something beyond the raw acquisition of wealth and power that creates meaning in life and you have to get to that the purpose of life and it's very personal it's connected to your lifestyle your values your culture your legacy some people they live through their children and the whole Arc of their life is to sacrifice for those children so those children can have a significantly better life we see this a lot with immigrants in America when they come they say it's it's not my place to be the rich guy and it's not my place to live well it's my place to create a foundation so my kids can never know the [ __ ] that I knew in my host country for other people it's academic accomplishment for other people it's musical accomplishment for other people it's just religious Awakening okay but the point is it's meaning that's the key and as you do that if it happens that those things are commercially beneficial to society almost always you'll generate as an after-effect value money from that if they're not commercially beneficial to society then you'll generate something else but you're not doing that for the wealth you're doing that because whatever that is it creates meaning for you and you can optimize around that and in terms of better health wealth oftentimes doesn't lead to that you get surrounded by sycophantism quackery you get surrounded by lifestyle diseases you get a lot of toxicity in your life The more stress you have in your life the more effect the stress has on you and almost always and wear you down there was a founder of a Silicon Valley startup I run into them every now and then he died in the shed burnt to death after inhaling nitric oxide and I think it was only 140 150 pounds super nice guy but the lifestyle all these other things around him it made it made things much worse off and so in many cases wealth can actually deteriorate destroy Health uh and lottery winners are a great example of that if you follow people who win the lottery most of them end up broke within 10 years and a lot of them the whole life gets destroyed one guy happily married grandfather everything is life going fine small business owner wins like 100 million 200 million dollars I can't remember how much it is within 10 years he's divorced his granddaughter died of a drug overdose he's lost all the money and he's got a criminal record everything went to hell the wealth destroyed its health and the wealth destroyed his life remember that lesson see there's another misconception right here money is an necessary tool no no people are necessary everything you want to do in life there's a person either to make the product that you need to do that thing or a person that you need to work with to do that you have this bizarre idea that money is the universal currency to compel people to do that that's true but if that was the case ask yourself this question how much money would you take to go and participate in a suicide mission like 911 just recently uh the 20th anniversary of 9 11. a lot of people don't know this but Flight 93 as it was flying in the sky the Air National Guard sent a fighter jet on an intercept mission but they didn't have time to arm the fighter jet that they were sending for The Intercept mission and they knew that the flight 93 was headed to go hit a building and kill lots of people the two pilots that were in that fighter jet uh they uh they knew that the only way they were going to be able to down the plane was to collide into the flight is suicide mission so you tell me how much money would you accept to go on a suicide mission the answer isn't I wouldn't accept any because I can't use the money oh well but why were those Pilots then willing to do that there must be some sort of higher inspiration or ethic that inspired them to go and do that preservation of life or nationalism or a belief that that's their Duty in that role but then why would people volunteer and sign up for something that they have to sacrifice for others and that sacrifice is not monetary think about it so the key is when you have a passion and you have meaning in life the necessary tool is the ability to spread that passion and that meaning and find like Minds in that and they'll connect with you work with you and give you the shirt on their back if they need to in order to get that done that's the necessary tool in life you think money is everything in your life is going to be so little and not satisfying every relationship will be transactional every event and experience is always a price tag and you'll always lose because money's rigged are you self-made yes sir oh we have another we have another propaganda thing here hang on a second foreign I got that damn Joel Walsh song in my head now life's been good food water transport and rent costs money our national credit debt is growing daily we need more money to repay those in power well yeah they cost money but you also can just get them for free too people give them to you right with extended etxl will you be able to build your stable coin algorithmic stablecoin yes in fact we're building a beta of it to show people the Jed coming soon what projects on cardano have pleasantly surprised you well I'm surprised by the level of proxivity and quality that I've seen from some of the thinking behind the dexes and I think there's a lot of great potential technological collaboration there you know creating a unified view of how to emulate an account model and a unified view of how to assist them with scaling they all have different ideas of that but you know it'd be nice to actually create some Consolidated standards there I think there's a big misconception about what blockchains are for with applications and this comes from either people not really understanding how software works or from Bad marketing that came out of ethereum uh back in the early days when they were pushing that whole world computer thing and you see other protocols like we're the world computer okay vitalik himself will be the first person to tell you that ethereum was not meant to be some server in the sky with unlimited elastic resources he'd say hey it's like a hand calculator it doesn't have a lot of power it doesn't have a lot of computational ability memory doesn't have a lot of storage and that's by Design because it's a replicated system it'll take 10 20 30 40 50 years to figure out all the protocols necessary to create a truly decentralized giant paralyzable computer that has ethereum like properties okay that's not the point of these ledgers the point of these ledgers are that you have programs and you want properties in those programs that run you'd like censorship resistance you'd like tamper resistance you'd like inclusive accountability meaning you can check the outputs and verify that they're being honest you want Global accessibility with these types of things you want transparency with these types of things you want equal consideration in the application of the rule set with these types of things meaning that Alice is treated the same way as Bob is treated okay you don't want Alice to have to stand in line to go to the front door but Bob gets to go around the back door and hang out with the band backstage everybody has to stand in the same line when you want those properties the point of the blockchain is to somehow take a collection of the business logic of your application and run those things in a way so that we get those guarantees you don't have to trust the vendor so here's a great example a poker game okay how do you know that the game is provably fair doesn't matter to you that the game is running on Bob's server versus running this great decentralized Utopia the Crux of it is the Players I'm playing aren't robots and that the deck of cards is a fair deck of cards and there's not collusion occurring so that a certain set of actors always get better cards than me okay so you want provably random numbers so you have a provably random shuffle and you want human actors playing against you not Bots okay you can include that logic with a blockchain and then you can run the GUI on your client side and the server can do all the other stuff and the player matching and all these other things the point is the blockchain is acting as an audit layer an enforcer and you know it's basically the the validator in Chief it's the judge that's making sure that you have honest consideration also what do you want to know when you win you get your winnings there's nothing worse in the world than fighting a hard fight you've win and then you have all this money that you're supposed to redeem they say oh so sorry uh we've decided not to pay you so you'd like guarantee that upon Victory and loss the losers lose and the winners win and the money flows accordingly that's what the blockchain does for you to connect it's an identity store you can do proof of human things and random captions and all these things you can act as an audit accountability layer as a source of Randomness it can ensure that front running doesn't happen all kinds of things if it's designed properly now does it then need to record every single event of your poker game every hand all these other things scale that to 10 million players every single day eight hours nine hours a day terabytes of noise of the history of the game no don't need to record any of that it's just there to ensure that the elements of those particular games are done fairly so what does this mean it means that that ledger is going to work with uh off-chain infrastructure that's running in people's servers or in some sort of other network like a layer 2 Network or something like that and you trust the other people servers and layer 2 networks because the validation predicates give you that utxo is perfect for this it's not running stateful event-driven programs that are in a loop waiting for input it's basically executing units to transform State value from one to another and each time it does that you have determinism and predictability and you don't need some notion of a global order or anything like that so what's surprising me is that a lot of people are starting to realize that I thought it'd be a lot harder of a fight to undo the profound damage that was done with that garbage marketing about world computer that came out eight years ago and people are starting to realize that there's more to the picture more to the story and there's an enormous amount of creativity with that proof carrying code ZK Roll-Ups layer 2 Solutions like State channels all these things where people are starting to figure out how do we create a hosting layer but keep the hosting later audit and accountable on the layer one what does that mean that technology can scale to that billions of people is it censorship resistant of course because while you can censor a clique of the network you can shut down let's say the American stake pools or something like that you can't do it for every country in the world and it's the Smart Cow effect you just need one to escape and the network is self-propagating it's a virtual resource and privacy technology will scale up and that work comes so I'm very surprised about that quality of thought and how people are approaching the problem and it's something that's really been a great um a great Boon for everybody in industry um thoughts on the Rick and Morty finale holy [ __ ] well you know Justin royland is a fan of um cardano so from time to time I'll like Ping him on uh private messages on Twitter like when they did the first episode they had Mr Nimbus I just sent them like Mr nimbus which was pretty funny it was a weird season um Rick was so characteristically off uncharacteristically off this season so for the first few seasons um Rick was like a God and he was a misanthropic tragic Greek god and but a very powerful and undefeatable and then season by season that power curve has gone down to a point where he's getting his ass kicked on a regular basis like I think that the great Turning Point episode was when he fought uh that Zeus like God when he was having affairs with planets uh and he lost the Rick of season one that probably wouldn't have happened and it was oh wow Rick lost interesting it's all throughout season five of getting his ass kicked and it led me to believe that maybe we were actually witnessing the backstory of evil Morty so I asked Justin he's like no there is an evil Morty part but now okay didn't get it right and there was all these Reddit conspiracies and everything and they were trying to piece it together because the timelines weren't matching and so forth and there's a lot of that stuff but anyway um you know Season uh season five episode ten where they had the Citadel with the second half after the whole uh Samurai Rick head [ __ ] where you think it's going to be like an anime episode with uh with the crows um they basically revealed everything Rick's entire backstory and uh the fact that mortys are like fungible and then you realize that like Morty's not even c1's 37s uh you know Morty c-137 Rick never even had a Morty because he lost uh Beth early on when she died from the other wreck uh and this whole finite curve plot line is kind of interesting because it's an externalization of emotional trauma of the character where the character basically constructs a wall around the Multiverse where he can't be hurt and he's always going to win in that because he's the most powerful being in that Multiverse wall so it's like a cradle and what's great about a hero's journey which is what um the the show writers of Rick and Morty are are so in love with Joseph Campbell hero's journey is that you have to leave the [ __ ] you have to leave the the the you know the the the village you have to leave the Shire if you're Bilbo Baggins and go on this crazy adventure and deal with the dragon and so forth in order to be able to get the gold and have growth and so forth It's Over The Arc of the entire show nothing mattered and Rick had stacked the deck where he would always in the end win and then suddenly Morty destroys evil Morty destroys the finite curve and creates a reality where Rick is no longer the smartest most powerful man and no longer guaranteed to win so in other words you have Stakes so it's kind of like going from the Holodeck where you you have uh you know safety protocol enabled to turning off the safety protocols you can actually die in the Holodeck okay there's no more tutorial level there's no more training wheels so what does this effectively mean it means that Rick for the first time since the original event when his family was killed has Stakes and he actually live and deal with those Stakes so it's actually a brilliant narrative Arc that they constructed with that whole finite curve plot line uh the other thing is that uh it it set up a a even greater villain than evil Morty which was another beautiful bait and switch that uh that existed you know because um basically uh what Dan Harmon did and the other writers is that there's now the ultimate villain which is Rick the evil Rick who killed his family he spent a big chunk of his life in existence chasing this evil Rick who tried to kill who killed his family and killed tons of Ricks and built the Citadel as a consequence and everything so that was really like the impulse that knocked him out of a peaceful happy life and made him the nihilistic depressed giving up Rick but what's interesting is it's a very high probability if they're writing correctly uh that that evil Rick is actually outside of the finite curve that Rick had constructed which means that leaving the Cradle may actually put him closer to his end goal of getting rid of that now the other really [ __ ] up thing is there's like uh like when Beth was in froopy land or whatever it was the Rainbow Land uh he said oh I'm a horrible father well actually it wasn't true he was a great father you know he was actually prepared to set aside all this stuff to raise death as a real dad so by injecting himself in a different Rick's life he accepted the sins of that Rick because he was so lonely he'd rather be with somebody but he never got the chance to actually be a proper dad and so now uh now that finite curve is gone and the whole world is open it's going to completely change all the Dynamics and so forth so it was actually a beautiful season finale and I was very surprised because there were some weak episodes in the season but you know that's what Rick and Morty does you know they they always find a way it gets a little dry and they just gets you back in with an amazing episode last season was the vat of acid episode where Morty likely this entire life and gets in a plane crash and has this amazing relationship and finds true love and then you know Jerry Roots it had the click of a button so that's that's pretty cool and these are not all new tropes I mean uh you know start Star Trek the Next Generation did that with the Inner Light you know Patrick Stewart Picard uh he gets hit with the probe and he lives an entire lifetime in like 30 minutes and then you know he comes out and he's playing the flute and it has huge formative arc on him as a captain and the greatest writers they they work with that they connect to that and they come back to it and they understand it it's why Star Trek Picard is an unmitigated dumpster fire of a show you have the show writers saying well Picard's never been a dad he's never been a father and you know that's why he has difficulty with children guys the Inner Light he literally raised a family from start to finish and lived a whole lifetime [ __ ] you man it was more than a daddy like walking his daughter down the aisle and all this how can you forget that it was the one of the most formative episodes in the entire show and there's just thousands of little things like that that a good writer can take and can work with and subvert expectations in a very positive way I didn't expect anything in that episode to go the way that it did if you evil Morty is this Machiavellian super villain and it turned out to be just an enabler to reveal something that Rick had done to himself into the universe as a consequence of Eternal pain and his whole resident Detra was just simply to remove himself from an abusive situation they talked they foreshadowed it brilliantly in season uh in the prior episode when they were talking about toxic relationships and abusive relationships Rick was kind of playing with that with Morty going with the Ravens the crows uh but then it turned out that evil Morty was he was foreshadowing what evil Morty was attempting to do wow and they went back to the Phoenix project where like the Clone Ricks are there and they all get retriggered and so forth and little things like that a call back to the tampered portal fluid that they did with the Hacked portal gun uh and the Citadel of Rick season seven a season three episode seven I think it was Tales from Tales From The Citadel little stuff like that so um it shows you that Dan Harmon and his crew are absolutely genius writers and they thought very very carefully about the show and I I appreciate that as an audience you know I get so frustrated when you go and do some experimental things as a show writer and you work really hard for one or two seasons you get a wild success and then you're like okay it's coasting time let's just you know conveyor belt episode after episode and there's no aim or direction to these types of things that's what the Simpsons effectively did they had these Masterpiece seasons in the first nine seasons and now they've just been phoning it in has a show you know and there's there's no Arc there's no purpose there's no growth the originally episode you saw growth and the character no growth the characters it's just an episodic thing of you know Monster movie of the day you know this type of stuff yet there's profound growth with the character of Morty a character of Rick and so forth and they touch topics in such a beautiful way so um great show great great finale and I really look forward to seeing where they take it uh it was a very ambitious thing to do to kind of destroy all that and open it all up and it's going to be fun to see where it goes what's also interesting is the Jerry Beth relationship they said hey that whole relationship is just to create an endless supply of this very particular type of kid there's a very low probability that if Jerry if uh Beth was raised by Rick c-137 and not killed that that Beth would have married Jerry there's no determinism or fate for that there's an infinite amount of possibilities where that didn't happen but for some reason they keep trying to manufacture mortys as a commodity and use them that's not as explored as it needs to be inside the show so it'd be interesting to see what they do with that foreign Charles talks more about Rick and Morty than Hydro well we released a video a blog post we have a whole presentation uh and uh you know there's lots of stuff going on with it there's a whole dedicated team there's probably some beta [ __ ] to show you guys show up at the conference the Mas are about everything and I love this right here shut the hell up Charles and talk about ongoing development Ada the point of the AMA is you can ask anything you asked about woolly mammoths you can ask about aliens you can ask about music you can ask about art you can ask about television shows you can ask about cardano the big Turtle Island iohk posted on Twitter is that a new video game on cardano no that's the conference we literally created a digital world just for the conference for those who can't attend a person and I love this too Charles instead of watching Rick and Morty all the time please do something about the project why because you bought at a certain price point you're not happy with that and somehow my job to control the world all right and we tell everybody what we're doing we tell them the deadlines we make progress towards it we launch bloody Alonso this uh this month it was the hardest launch we've ever done we did it just like it was Sunday no problem at all exactly one week from uh yes from today and uh you know you don't care why because you want the next thing you want the next thing it's my AMA you don't like it [ __ ] leave what's the most stressing thing that you have to deal with daily and how do you think we can reduce the stress I think Louise the most stressful thing is the unfairness of unrealistic expectations you know you tell people okay we're gonna go do something it's going to take years to decades to fully realize here are the rules here's how we're doing it this is how we're building if we want to be part of it join and if we were judged whether we're achieving those expectations or not there's no stress in that because you know you're either delivering you're not delivering but then what happens is that people imprint unrealistic expectations on top of this like this project will make me unbelievably wealthy yeah or make people like me or somehow it's going to transform my entire life tomorrow now you never told them that you never did that yet they hold you accountable to those unrealistic expectations and then when they're not met they viciously attack you and if it's one person but it's a lot of people over Twitter Reddit telegram many other channels and they become distractions to your ability to execute what we did this month is we launched as a project smart contracts and this is a completely new model for how to build the centralized applications and it's a very Advanced model and it's an incredibly well thought out model but then what's happened is that immediately people in industry came in and they applied an expectation of well it's out where are the 25 000 depths uh where where's all the commercial use where's all this stuff it didn't happen tonight all right scam it's over everything you've done is wrong you didn't solve the concurrency issue there is no concurrency issue yet you see dozens hundreds of tweets about this people talk about it I've had musicians messaged me over private message and Twitter asking is cardano okay I've been hearing really nasty things and you just like what is going on this is so nuts that's the most stressful thing because you can't win you can't make those people happy and then when you don't make them happy they they personally attack you and they say that you're the world's worst human being and it just creates so much toxicity so it's a constant challenge to just keep your nose to the grindstone and keep building and building and building and building and you'll notice it's never enough no matter what Milestone you accomplish when coinbase when this when Shelley when Gogan when that when this when this when that when government deal when cardano nation when this when this there's always the next one after you've done it and it's never ending and then when you try to do anything to show diversity of thought like demonstrate that you have other interests outside of cardano then you get accused of somehow hurting the project or not making people money or these other things they treat you like a slave in that respect it's a it's this bizarre notion and it's more endemic of the people who believe this way they're just looking for some hope I guess I don't know but it's very stressful and it's very grating and um it wears you down it drains you you don't get the feel the winds you don't get to feel like the Ops you just get the downs and there's only so many days it Downs before you need to just take a break and recharge and you know get back to it please talk about tokenized woolly mammoths on the Cardona chain so I reached out Ben lamb and he's partnered with George Church who runs a they just announced their project and hopefully we'll find a way if we can do something together very early days you know we got to get ndas in place and all these other things and a lot a lot to discuss but that's a very personal partnership for me because there's you know woolly mammoth is a nice stunt but really what you're talking about is the whole concept of de-extinction the reality is because of the way that we are conducting ourselves we're burning the planet out and every day a lot of species go extinct so if you can take an animal and pick a nice symbol like the woolly mammoth because we've never seen one in person before and you know it's part of the prehistoric history of humanity and you can resurrect that animal then what you've done is you've proved out an entire chain of Technology that'll enable the extinction of any species that you have DNA for it advances artificial womb technology God said to women whose reproductive organs have been damaged or older women where it might be a little dangerous to have children they can use that technology to deal with all the gene editing technology bringing back the holy Mammoth has I and it's a godsend to all kinds of genetic experimentation that can be done so it's a phenomenal company when you look at the bioethics the science and what it can do for environmental considerations and there's a lot of incredibly passionate people there now where that can meet our industry is we can create all kinds of new business models to make that a more viable Venture for example uh one of the ways you could fund a business like that is a lease system for uh mammoths to zoos China leases out their pandas they make a lot of money every year from that you could basically create a system where you have 50 slots whatever these want them they agree to the bioethics of it the habitat requirements of it and they can buy on year by year a lease system and it's an auction system and highest bidder wins crit price Discovery ended up making hundreds of millions every year doing that which that funding would then go to in creating larger herds that have great utility for global warming and ultimately improving the technology for all the extinction all those mechanics can be beta tested and experimented with in a matter of weeks to months on a smart contract system and don't require any permission to use so this is the kind of intersections that can be used the same for nfts the same for fractionalized ownership uh you know all kinds of things that you can do and you know it's very early days who knows there are other people connected with that but you know I just want to show I have moral support to it and that's why we reached out and hopefully we can figure out something the coming months or years that that makes sense but one thing that's undeniable if it's not us it'll be someone else in the industry and if that can be done it'll probably mean that that project has an enormous amount of non-dilutive capital at its disposal to be able to exercise such a mission and that's a collective achievement for Humanity it's not a company's achievement it's like going to the Moon yes it's America's achievement our flag is sitting on there but that's a human achievement in many respects it's something every human being gets to say our species has stepped on a different planetoid on a moon we've left Earth to the extent that we went to another Heavenly Body if we bring back the woolly mammoth then we know as a species we have the capacity to resurrect the dead at a certain respect if you can get DNA out of one of these mummies that's in Egypt or other places you literally can bring them back with this technology if we could find Alexander the Great's body we could bring him back same for Genghis Khan or other people if we can get a good enough DNA sample that's a pretty incredible thing to participate in as a species and then there's questions about the ethics of it there's questions about the intellectual property considerations there's questions about whether this should be a public technology or a private technology or who should be the custodian of these things and what happens when you have designer babies or other such things a venture like this invites that kind of 21st century conversation of thought which is sure as hell a lot more important than what is the tax rate [Music] Charles being based in Wyoming Colorado are you ever worried about the Caldera erupting if we have a a super volcano erupt in Yellowstone uh is game over for America and probably the whole world that's an extinction level event guys vei level 7 event um that makes temboa look like you know or Krakatoa look like a chicken Walker Park and uh and so I'm not worried about it I'd rather be on the dying side and die quickly because if I somehow survive in that that's like some Walking Dead [ __ ] all right is everyone in crypto anti-vax seems like a weird cost of admission I'm not I'm vaccinated got the visor vaccine as somebody in crypto who's not hmm [Music] Charles thoughts on jpeg selling for millions of dollars okay this one's interesting so uh a JPEG is selling for lots of money uh is a situation where either it's irrational exuberance uh or it could be money laundering so here's how that money laundering works so you create an nft so you take a picture of a rock you created put on one of these platforms the platforms a lot of them don't require kycaml or any registration because they're non-custodial so you create your rock picture you say I'm going to make big money from this rock picture so let's say you have a lot of unreported crypto you know or you got crypto from a nefarious Source or something like that then what you do you have this rock picture is you sell it to yourself through your other account which you know it's some other person and then that other person buys that rock nft and you've effectively just transferred money from an illegitimate source to now a legitimate store I've sold artwork huzzah he sees a lot with political corruption so you know some president's kid may sell artwork oh some Anonymous buyer bought my artwork for half a million dollars or you see this a lot with like speaking fees you know they'll go oh well yeah we'll pay you a hundred thousand dollars to do a 30-minute speech or something like that yeah you coming yeah I don't care what you talk about you talk about the weather come up there I like Al Gore you are hearing me talk you use your hundred thousand dollars guys nothing at all to do with how you make decisions what you do right so there's a soft corruption there and I think there's a little bit of that and that was certainly something that's been brought up by Treasury Department and other officials as a potential concern uh but in general I I think that it's a market like any other it's a surging market and it's trying to find its place in price it's going to go through a big bubble burst collapse but there's real value there with the concept of nft so that's going to increase over time and inevitably it's going to result in in finding a stable place and purpose and become part of the business experience thank you would you support a flat 10 income tax for everyone filing taxes I hate the income tax I think we should go to a fair tax and just have national sales tax really really believe that's the way to go it's crazy an income tax because then suddenly it's the government's business about how much money you make and then how much you get to keep depending on who you are what's going on politically and the size of your lobby consumption tax says the more you interact with the market the more you pay government's the regulator of the markets they have every right to put a surcharge for that they don't own me and they don't own my money I'm a slave if they think that should Tom Brady retire he's the last football player I know anything about and watch football in a long time I completely checked out when they went so political uh you know I was like I watched this game to be entertained I don't watch this game to confront the great challenges of society it's a sport and the minute that they went down that road I said well you know it's for someone else it's just not for me yeah but I respect enormously Brady's Talent his ability and his consistency throughout his entire career and when he retires then that's the last link I have to uh football and I'll just move on completely any suggestions on what to read after learn new at Haskell for great good for high school students the Haskell book just Google the Haskell book do you have any words for Norm McDonald do you like comedy uh yeah I I miss Norm uh he was a great comedian I enjoyed him on Saturday Night Live I had a long and illustrious career and it was real sad apparently he was suffering from cancer for almost a decade but he kind of kept it hidden it was consistent with a lot of his statements and he was a Titan in comedy he wasn't one of my favorite comedians but he had a dry sense of humor that I did enjoy and it was a lot of fun and I never met him Charles what are your thoughts on universal basic income I think it only works when you have a sovereign wealth fund otherwise it's just inflation Fest Hydra is just a slightly better lightning Network which Bitcoin already has you don't even [ __ ] know what you're talking about what's an isomorphic State channel do you understand that at all uh I know you are a Mycologist no I am not a Mycologist let me tell you something my colleges are scary scary invested okay I am an amateur mushroom fan at best these guys who are into mycology they they will write book after book after book and dedicate their entire existence to everything fungi related they will go and live in a forest and spend months looking for some fruiting bodies somewhere and they'll study The Beetles and the bolites and all these other things they're they're hardcore man uh when uh when you go all in in mycology There's No Going Back never go full mycology so no I'm not a Mycologist and to answer your question I haven't looked too much into algae when I get alcoponics I definitely will all right [Music] where is Hoskins and bison hitting the market got 500 of them they keep reading I had 400 now I got 500. bison just populate like rabbits uh we'll have a whole bunch to say about crypto bison at The Summit Coke Zero or Diet Coke neither I'm drank a soft drink in five years you like KFC when I was a teenager I worked at a KFC it was a KFC Taco Bell didn't even have the Dignity of being a full Cassie so the extra crispy chicken if you're ever curious about how they make it and with the fryer with the original recipe the lid goes down and they fry it in the pressure cooker and the extra crispy the lid is actually up during the entire time finger looking good do you have any children yet uh none that I know of how was Freya full size take a picture for you guys one of these days I've already answered this one would you rather fight five Ducks eyes horses or a horse-sized duck always fight the bigger animal the horse-sized duck all right did you ever meet Colonel Sanders no Colonel Sanders unfortunately had already met his demise prior to the time I was born in 87. however a statue of Colonel Sanders during a very tense game involving the Osaka Tigers was stolen and thrown into the NABA channel in Japan and it took years to find him how's your secret love affair going uh pretty good has its ups and downs are you going to relocate to Miami no yellow status we should have more to say at The Summit [Music] you are so funny love from Malawi I'm actually going there I'll be there next month Mimi is the samurai suit in your office real yes it was made by a Japanese armorsmith shipped here from Tokyo see you on September 25th see you too what do you recommend for a beginner for programming I started with job on python I'd do python hey Charles can any improvements be made make the wallet faster oh yeah I'm gonna yeah I tell you what you don't believe me I'm gonna hire the Kool-Aid guy and he'll just break through the wall and be like oh yeah with Macho Man Randy Savage in the bowl oh yeah yeah that's how much of an oh yeah we can do to speed it up it's gonna get done mm-hmm are you ever going to California I do go to California from time to time that state is uh completely lost it's pretty sad actually it's one of the prettiest states in the union and and politically unsalvageable people thoughts on meditation do it thoughts on thinking I'll have to give it a thought can we start burning Ada for scarcity yay congratulations everybody we have a winner of the paint chip Brigade of the day and today's winner is diesel Kane and Diesel Kane I really appreciate how much effort you put into your Creed and stupidity and displayed it across everybody here in the Ada field diesel come on give us some words today tell the audience how proud you are to win the paint chip Brigade of the day we are so glad you can tell us that we gotta destroy other people's money so that you can make a little extra money and then sell the Ada and move on to someone else we're just so happy that you want to steal from everybody in this ecosystem I I don't understand how you get up in the morning being so awesome and so amazing wow wow it's it's just an honor that you're here my friend it's just an honor so so glad to have you here ah ah I I gotta get a button that I can just push and like lights will come down and confetti and it will automatically send an email to your mother telling us how proud We Are that she raised a a son who's like that or daughter it's hard to know you just have a little Bitcoin logo although you're probably a guy if we're looking at statistics but God God thank you for telling us to to steal money from people and destroy that money so that you can get a little small value appreciation in in your your Ada got it I mean what other things will you suggest perhaps uh every you know when you go to the supermarket you don't have to pay for groceries or you know maybe when you go to the gas station that we can just take gasoline out of other people's cars and put it in your car diesel or maybe you drive a truck because you got diesel right so maybe you can take the diesel out of other people's trucks and put it in your truck so you don't have to pay for the diesel and you know what you know you know why even have to date or have relationship if you see some guy's wife that you like we should just grab her and give her to you why not there you go that's how Society should work oh man thank you thank you foreign did it ever get a name Wellness cook that's a very good question we have a lobster naming contract uh over 300 votes so far out of 500 for version one we're already in discussions about improving the contract for lobster version two so perhaps we'll have a uh an announcement about that you never know Charles are you happy very happy foreign [Music] has anyone who publicly admonished you ever reached out to apologize no never do they say horrible things they write horrible things they sometimes even go so far call me a sociopath a narcissist pathological liar uh you know all kinds of stuff scammer criminal should be in jail and then when we prove them wrong time it again there's never an apology there's never a hey maybe we got it wrong so sorry about that um and that's why you don't look for an apology because they are never wrong in their own head especially him molten tar monster number three but jokes on him because I want to create an nft series and sell it for millions of dollars ah I love getting back at these bastards ah I'm a piece of [ __ ] human he just spent two minutes insulting a man for not knowing how the blockchain works I know I spent two minutes because the person is fully aware that what he's asking for is the destruction of someone else's property and value to enrich himself you're projecting you're projecting to get that looked at they sell projectors [Music] all right Charles you got to get healthy bro I'm feeling good Soul's clear bruh feeling great bruh former radio guy would love to do a voiceover for cardano whom should I contact well Gino Norman make some videos send them my way if you're good might have a job for you [Music] foreign should we colonize that their planets well of course we're going to colonize other planets and at mandatory viewing we'll be having everybody who's going to other planets uh play the game Dead Space oh do you think the Ripple case can affect the crypto Market absolutely um have you seen Dune I just heard it came out and it's like six weeks early it comes out in Europe but not here in America makes me pretty sad but I'll watch it when it comes out it's dude come on the smice must flow mm-hmm [Music] what about the radiation Charles that's the goggles do nothing question uh we'll figure it out they got cool new spacesuits genetic engineering can also solve that they got like fungus and bacteria that actually eat radiation now we're finding it in Chernobyl look it up pretty cool what sort of drunk are you not drunk at all drinking coffee right now my name is Giovanni Georgio but everybody just calls me Georgia Magic the Gathering on the blockchain this is a literal case study of the power of blockchain and collectibles for card games uh it's not if but when and that's going to happen for somebody in our space did you read Karl Marx yes you know Reagan used to say a communist is someone who reads Karl Marx a capitalist is someone who understands Karl Marx mm-hmm from James Hazard doesn't the cardano hardcore combinator make the network somewhat centralized no hfc is in complete control the community now does it something that that gradually moves its way there and that makes me a one blessed mama [Music] what will be engraved on your tombstone here lies Charles hoskinson he was eventually right you ever met Michael Jordan no I've never had pleasure why were you so harsh on that guy I thought you were looking for a Target to get off on all these haters wanted to get back at very disappointing Behavior Charles seriously oh no call us pay to Spade guys life isn't about safe spaces and padded cells and everybody getting along all the time eggs must be broken egos must be challenged you should call out bad behavior when you see it you know a world of difference between people asking honest opinions honest questions out of ignorance uh and you're you know you walk them through versus somebody who's exhibiting mercenary transactional Behavior and uh you never reward mercenary transactional Behavior you just don't do it oh come on guys you gotta ask this I graduated from high school early uh if you had to star on a 90s TV show which one would it be Doogie Howser and Neil Patrick Harris is awesome [Music] yeah that's why Charles needs to get fit got that mashed potato look wait thank you this belt of protective fat is here to keep the radiation off of me I'm working on a guy that I got a personal trainer I've lost 10 pounds uh it's one of those things that's a high priority goal for next year and I get all in shape you all think I have cancer or something because I'll look trim and fitness oh Charles is losing all this weight oh no diesel lives matter create an nft for that and then we can burn it [Laughter] oh [ __ ] don't take life too seriously too ah do you believe in communities in the future no communism is probably the most evil governmental system ever Divine killed 100 million people it's worse than any other systematic destruction of honesty objectivity truth the deification of government and the destruction of humanity everything that makes you an individual gets taken from you in a communist system don't believe me talk to all the people who logged mm-hmm I like fat Charles that's the Fat Albert of 2021. hey hey you guys remember Fat Albert come on now and I'll say that nobody channels pretended to be older than he actually is and yeah Charles is saying I mean oh [ __ ] you foreign bothers me is driving me nuts that's why I can't wait this damn vacation you can't do anything right I dress this way that's how I dress I think dresses that way to cosplay an old math Professor yeah I have two pens in the pocket why because pen runs out so you have to have redundant ten you also can change colors you have a red pen or a blue pen or a black pen and you can always spice it up a little bit you also have different points on the pen you can have a fine point for signing and uh you know one of those medium points for writing right you know so it makes sense to have two pets it's a very important thing foreign just can't win everything you say and do somebody has an opinion on case in point and case in point are you and Gavin wood still on good terms I I don't even think we ever were on good terms from the day we met although that said I respect the work he does in the polka dot community and at some point we'll probably do something uh at some juncture it's bound to happen oh ever experienced ink leakage yes the worst part is when you have the pen open and you put it in your pocket you get the little bit of ink there so what I always do is uh I always feel the tip before I put my shirt I I haven't gotten to the pocket protector level have you read Murray rothbard yes sir and Hayek and nieces and all the other Austrian economists mm-hmm [Music] how do you read these comments so fast a fast reader are those glasses real or for intellectual effect now I just wear glasses you know just just because right we just get my wheelchair over there you know it's also for a fact take my crutches somewhere [Laughter] oh my God ah what's your ah hear this one what's your giraffe's name chips chips the giraffe I'm gonna see him by the way in South Africa ah visit Sweden yes I have I've been to Stockholm is iohk hiring yes there we are and Charles you're crashing the market if I had that power guys Jesus it's hard to get through this chat you're telling me man oh Lord yeah I saw this one too novograts compared us to anti-vaxxers he absolutely did I don't know what's up with that guy I really don't uh you live in New York you live in that bubble you know it is what it is can't take it too seriously though you really can't all right Charles what's your biological age 29. do you lose your hair for intellectual effect this guy gets it thank you Jim you [ __ ] get it thank you uh okay Aardvark will you ever answer one of my questions what was your question I missed it the the chat's moving too quickly um as reality a simulation if it is I want my money back oh oh oh oh oh I got I got one that I Really Wanna I really want to answer here I'm gonna move too damn quickly Avalanche consensus is actually patented is that true is it ah God damn it I'm gonna look that up now I thought the paper was open source and the code was uh under Apache I'm just gonna be I just couldn't give up and go home God damn it because I remember the Team Rocket paper came out first they wrote it under a pseudonym so how could they patent it and say it's prior art hmm interesting that was the whole issue with tazos is Arthur uh Arthur worked for I think it was Morgan Stanley or one of those investment shops while the paper for kazos came out so it was published under a pseudonym LM Goodman I think he did that because he probably had a deal where his work belonged to the Investment Bank that was one of those interesting artifacts can you explain the problem with patented consensus yeah one person or one entity has a monopoly over something and can prevent other people from doing something with it so let's say you have a Founder the founder disagrees with what the community wants to do they hard Fork against his wishes to a different configuration of the system but because the founder has that anyone who then uses that hard Fork can say that his intellectual property has been violated and sue them if you don't believe me could you imagine the damage Bitcoin could have happened to bitcoin had Craig Wright had Bitcoin patents at the beginning any person who disagreed with sv's vision would then get sued by that litigious person the point of a patent is it gives a monopoly to somebody for an invention for a period of time and that person acts as a gatekeeper for deciding who could use it now they can say well we're not going to do that well I'm not going to do that why do you have the patent why just open source it oh we have to protect you know competition well why do you get to decide what's competition for that thing so if 95 of the community disagrees with you and moves in a different direction then what you want wouldn't that be competition because you think that they're wrong and you have the patents so you get to decide think about it it's a it's a hyper centralization around an entity or a person whoever runs the IP hyper centralization so that's why I have a problem with it it's the antithesis of everything I've ever seen and and uh in a floss world ah there we go what character for Diablo 2 resurrected well obviously the Druid and when are you making that game company we're working on it will you consider remote employees for Canada we might all right thank you oh you does cardano survive if you died tomorrow yeah and some people would even argue that cardano would be doing better you never know it's decentralized guys could you see proof of History coming to cardano in the future no no you've been analyzing the protocol it uh there's ways to improve it but it's not terribly novel right now laughs all right everybody I think I'm gonna call it a day don't you I got somebody I gotta pick up from the airport here in a little bit anyway uh normally we do the uh micro Finance uh stuff on Kiva but what I'm going to do is push that to the next AMA we'll do two people instead of one because I don't have time to go and select a candidate been fun as always love all you guys uh you know and until next time and I'll see at the summit here on the 25th and 26th and then there's the Africa tour and you know I'm going to be tweeting and broadcasting and do all kinds of crazy things I got to come up with cool slogans you know so Wyoming is rough and rugged Wyoming and then we have uh you know warm and sunny Colorado but what should we do for South Africa what should we do for Burundi what should we do for Zanzibar I gotta come up with pithy things on the Jet right over all right cheers everyone
