hi everyone this is charles hoskinson broadcasting live from warm sunny colorado always warm always sunny sometimes colorado it is 10 10 20 20 october 10th take the first part times by two what do you get you get the year and uh we have yet another surprise ama how about that yay surprise ama so this has been a very interesting work lots of work lots of work lots of meetings tons of things to think about october has been a crazy crazy busy month i've really enjoyed it i hope you have too and i decide hell it's the weekend let's uh let's go ahead and have a surprise anime and normally i do a little earlier but this time i decided to do them a little later so i can get a slightly different demographic i am coming off of a one week fast i stopped eating on sunday last week and i just ate a kind of half meal today i had a salad some yogurt and a protein shake so when you break an extended fast it's never a good idea to go straight into a meal on the day you want to break it usually the day before you kind of get about a thousand calories or so mostly of greens and liquids and things like that and it really helps you otherwise you're gonna be in the bathroom and have bad time so i lost three pounds of fat i feel great it's wonderful to detox whenever you do a week-long fast and i really wanted to to get one done but unfortunately i just had so many things uh that were going on it's too hard to kind of get it do it but this week i did have some time because i was in the office highly focused and i said let's go ahead and do that so i am back tomorrow i get to eat proper meals huzzah i'll see if i can get something really fun and exciting and it is good to see you guys here now updates updates updates updates a lot of marketing stuff happening uh the marketing director lisa she's had a trial by fire and every single day uh she sends me some i talked to her we have a dedicated channel in uh slack and we're working real hard with her uh and uh hopefully we should be able to get some content out uh soon uh featuring david orr our latest hire david is one who does wonderful podcasts we saw him we said boy this guy's great we called him up and said hey you want to come do some stuff for us and he said absolutely i said all right let's go get it done uh so david's on board full-time and he's going to be making some great stuff for us and we are really excited to start doing some product comparison marketing then right on the back of that we're going to start some aggressive campaign marketing in 2021. so marketing is waking up uh we're also seeing quite a bit of people focusing uh a bit on their own marketing and actually we see some marketing proposals working their way into the dc fund almost 3 000 people are participating in catalyst 3 000 people how about that and we we have lots of projects floating through uh wonderful conversations that are happening uh you know a lot of other uh partnerships are occurring too especially on the development side we're starting to bring in some third-party firms to accelerate the development of daedalus and the big news of the day is we finally finished a contract with runtime verification so i signed it it's a seven-figure contract we're bringing them back into the fold they're going to start working on case stuff and yela and a whole bunch of cool things there i will make a dedicated announcement at a later time about specific deliverables and what we're going to get out of that but i just figured i'd share you guys share with you guys the really good news i'm super super excited about the fact that we have rv back in the fold uh yela is just one of my favorite projects it's incredible stuff it's really exciting and i think it's going to open up a whole new dimension to the product and i'd always believe that but you know after the great collapse in 2017 we we had kind of nice to have versus must-have and that was in the nice-to-have column plutus and marlow and these things are in the must-have column but hey you know things are looking better shell is shipped things are opening up a little bit so we can kind of start getting some of those nice to have so pulling them back in uh so i'll uh i'll leave it there and we'll uh we'll keep working on it all right not many more updates to go through uh but uh let's get to your questions now okay one week my god not so bad you stopped getting hungry in about three days hi from new zealand well hello simon good to see you can you walk us through gogan and what we will have this year you guys are great gogan's not a [ __ ] light switch come on now it's a toggle uh gogan's gonna come over a series of updates a series of hard fork events hard fork combinator events and uh each and every one of us can add more functionality to the system now we've already added some functionality we added it recently uh with metadata that was one of the very first gogan era functionality because it actually allows you to have off chain applications start using the cardonal blockchain you say oh well that doesn't matter well yeah prism there are 30 commercial deals we have in the pipeline that we can close as a direct result of having metadata on cardano the credential management deal in georgia 50 000 users per year is a direct result of metadata on cardano no one seems to care but these things are the bread and butter so each and every hfc event is going to result in more capability like multi-asset and extended utxl and gradually you get more programmability so just like shelley we're going to roll it out in stages and we will talk about that at the end of the month at the product update on october 29th so stay tuned for this we're going to announce a few things and i think you guys are going to have uh a lot a really good time there but let's be very clear about something it's not the case you just flip something you see oh gogan's here okay we're done go away when is ethereum done with their smart contract model since launching they've made hundreds of changes to the evm they've added all kinds of new capabilities there's tons of infrastructure around ethereum and so similarly when you release something like this you keep building infrastructure after the facts and we build some other people build so gogan is a spectrum and it's already a part of it has been delivered and we're delivering more parts soon and we will announce those parts some of them at the october update another thing is we're still working on shelley stuff too like for example partial delegation and tuning the economic parameters and these things and that's being done in parallel with the gogen work and in parallel with the voltaire work and in parallel with the basho work so there's a lot going on actually we do many releases every month do do we got a little bit of trolling in the chat this is from alex grim reena rina stands for recursive internetwork architecture so what we did is we took quite a bit of time we understood rena at the uh at the highest level and then we said let's build reena light which is what we did with the cardinal network stack so the cardona network stack you are using today was highly influenced over concepts that we learned from rena and we're very soon going to be turning on the peer-to-peer capabilities and we're going to keep adding to that stack but at the moment we actually have the best self-healing network stack in the business and it's got tons of great features and capabilities under the hood why don't you know about it well because we didn't do a lot of product marketing on it yet and guess what we will uh you know there's so much magic in cardano and it's real exciting to actually see us roll out that magic talk about that magic explain that magic and a lot of it is already in your daedalus you just don't know it and you're using it every day so rina is here in a spiritual successor to use full arena you actually need hardware for it and we're not going to be able to replace the hardware of the internet anytime soon so you got to make compromises here and there and i think we made enormous progress it took over two and a half years to design that network stack and it was influenced by many different things from cloud haskell to arena itself to other concepts from the functional programming world and that code is a work of art and it's some of the most advanced haskell you'll ever see have you ever been to jamaica charles yes i have and they have a lovely bioluminescent bay there have you had a chance to try baldur's gate three not yet actually the larian guys um they did um they did divine divinity uh whatever it is divinity original sin a great series wonderful developers they're based in belgium and if there were any group of people i'd have faith in outside of perhaps the bioware people themselves to make a spiritual successor or a successor for baldur's gate definitely would be that studio and i hear very good things from it but i'm incredibly busy i don't even have time to read books i want to read uh so i i really haven't for been able to uh to play that so i will at some point when i have time off but not today i work for you spakra voting is done over the cardano blockchain did you know that cardano 24 i did and i'm so excited because we didn't do that they did that themselves it is incredible to see that progress the fact that cardano's already able to support that kind of innovation and actually it makes me so excited to see uh staking gills forming this is one of the areas that's going to help not only decentralization but evolution of the business model of staking charles can you tell us what's being done to stop pool scammers thank you regards from bolivia uh we have smash the stake pool metadata aggregation server ship with daedalus 2.3 we'll keep updating it and we're going to eventually deprecate it instead of having it as a dbsync plug-in we're going to pull it into prism and a later release but it's going to take a little bit of time but yeah smash should definitely solve that problem and there will be multiple versions of smash for people to use and we finally got it in it took quite a bit of time to get that done more than i wanted but that's just how it got done charles hoskinson as it pertains to the 98 plus commercial projects in the pipeline why wouldn't i want to release a press release regarding who they are i think i know the answer but i'd love to hear thoughts these are 90 uh potential deals where we're actually in talks and negotiating when we close deals we we do press releases a lot of the cases if we don't do a press release it's because it's not noteworthy like it's an mou or it's a pilot and there's nothing really significant there or the client specifically asks us not to uh or in other cases that there are some freezing periods in the communication like for example the united nations relationship took quite a bit of time before we were allowed to even talk about it even though we had been massaging these types of things for years but we i think are going to close a major deal in africa that's seven figures and i'm so excited about this one uh it's not yet closed but i'd say there's an 80 20 chance on that maybe 85 15 chance and we will see what happens with that but you know we announced them when they come like singularitynet for example or new balance or these types of things and just you guys tend to miss it which is my fault charles where's the label for no giving away ada i have it pre-programmed i just click a button it'll pop up but i i don't want to put it on right now you know i decided to hold off a bit and what else we got here crystal love from prague prague is a lovely city love going there they have these amazing pork knuckles just the bread butter the pork there is so good the fast has been good to you looking good to penci feeling good feeling great you know there is never a better time than right when you had to fast you just cleanse a lot of toxins in your body you burn a lot of fat i lost three whole pounds of fat and you know what um on monday i'm gonna hit the gym start working out you know i uh really excited about what i can accomplish i kind of tapered off there for bed and got a little depressed with the whole world being shut down and all the isolation but things are opening up again and things feel better so i feel great [Music] charles have you thought about redoing your studio like joe rogan did i think a spaceship theme would be great and you could have william shatner on if your first guest no i i don't want to have that uh uh studio i hate the new studio for the uh rogan's show and actually i don't know if this spotify thing is going to work out with him there's just there's there's a different feeling with what he's doing since he moved and since uh he went on spotify then since he was there in uh california and that made me really sad because joe's content is some of the best in the game and it'd be a shame to lose them so i hope for the best this is a great question charles what do you think about how projects handled their stolen coins with the recent kucoin hack uh from lupnum well it's actually an interesting thing to really dig into so one of the magic superpowers of what we're doing with cardano above and beyond the fact that we're going to be lower cost and higher performance and better software like cycle and security and okay settle that aside for a moment when you create an application or a token there is a notion of control how do you upgrade it how do you make changes to the monetary policy how do you do refunds or reimbursements or recover from theft events every single time these things come up some beneficent leader or leadership steps up and says let's do this and gosh that only works when you are a small movement but what happens if your token super successful and it scales to millions of users and the founders uh you know they've gone to nantucket they're gone what do you do who's in charge how do you figure that out well what if all the things that we're building for catalyst and the voltaire that whole framework all that stuff we're one day going to say hey you can reuse that voting system that governance system for your token issued on cardano would that be something interesting to you what does that mean it means that cardano effectively can act as a governance as a service layer for your tokens it's another added value and benefit that comes through so to your specific question do you do how do these projects handle their stolen coins with kucoin i would much rather that each and every one of these projects they have clear voting systems with high participation and it is blockchain enforced as opposed to something meta outside it's usually not done that way because it was never built that way and it's too hard to do that way on a case-by-case basis and look we're spending millions of dollars in a huge engineering team and 3 000 of you guys are participating with the dc fund governance is super hard so let us figure out a lot of those things and build tools and apis and services that when you issue something on ada you get to use that for your coin so you get great governance as well and then people are going to be able to have a much easier time uh handling these types of case by case basis like stolen coins for example or recovering lost coins or these types of things what's up rick rick in the house dub dub charles do you think the federal reserve will go to negative interest rates 100 100 train is barreling down the tracks towards the cliff guys now you elect one president it goes a little slower you elect the other president it goes a little faster but at the end of the day it tracks only going one way and nobody can turn that train around it is not sustainable charles are you a green chili guy a little bit past the best season in colorado and new mexico k ross they are still selling green chilies on the side of the street my friend and yes i am i love green chiles i even grow jalapenos and other things out my my garden i love chilies in general charles is there any way i could help with cardano would love to help with marketing or coding i lived down at arvada arvada is great nevada center's a lot of fun too i took a pottery class there once if you ever wanted to get in contact i would highly recommend that you go and learn about idea scale and good idea scale and submit a ballot or at least talk to people see what's floating around their projects that you're interested in you know even if you don't have your own idea look at what other people are doing contact those people if you find it really interesting and say hey you need some help that's how i became a co-founder of ethereum i was dragged into a slack chat a skype channel that's exactly what you need to do rick asks did twitter ever take you up on the offer to build signed tweets rick we both know the answer to this one uh no jack dorsey did not no jack sometimes we talk over twitter uh and uh i think twitter's an interesting organization i think their platform is 15 years out of date 2005 called they want their website back there are so many things that can be done to dramatically improve the quality user experience and security of that platform and they're just not doing it because monopoly going to monopoly that's why so how do we beat them you build a better twitter which i'll inevitably do and i will have a blue check mark there charles from maurice samuels what do you think about the venus project by jacques frasco with cardinal providing governance for their resource-based economy concept actually jacques actually once came to my alma mater years ago uh cu boulder and i believe he recently died but the venus project's a really interesting thing and his whole concept is we're eventually going to converge to a post-scarcity economy where the machines and technology can make all the things we need to live so why the hell do we work so hard and perhaps we can live a little differently so there were some futurist concepts there especially when jacques was young but nowadays there is a clear path there and the spiritual successor to the venus project really a lot of these ideas floating and converging to the ubi projects so i encourage you look at universal basic income in general um one of the things i'm going to do that's somewhat in junk's wheelhouse my brother is a doctor in wyoming but he's also a licensed general contractor for some damn reason he likes doing construction and real estate all these other things in addition to practicing medicine my brother and i probably start a construction company in particular i would love to do 3d printed homes um i talked to so many infrastructure ministers all around africa and other places and i'll say we need affordable housing we need affordable housing and i remember years ago going to south africa into the townships uh and talking to the guys from the indloo project where they built these beautiful concrete homes that were well constructed for thirty thousand dollars each with electricity and plumbing i was like wow how'd you guys do that it would be super cool to take the latest and greatest state-of-the-art 3d printing and marry that with manufactured home techniques and kind of put them together and replace the conventional manufactured home with a 3d printed home you'll have a massive cost reduction in assembly because you just have to come in and finish it and i think that you'd have much stronger structures comparable things like icf for example insulated concrete forms so uh ubi is one direction and you know the manufacturing of the molecular machines i guess 3d printing is a way to go and jacques was a really visionary guy an example of what happens when you think well and outside of the box charles is i which k working on a privacy coin well obviously if we were we'd keep that a secret or else it wouldn't be a privacy coin i had to answer that come on uh can you tell us which tech will launch first which pool node pure discovery come before gogan or will a gogan type tech show up first i assume they are independent of each other part of gogan already shipped with the metadata and actually peer-to-peer does not require a hard four combinator event so we are currently testing peer-to-peer on the test net we just shipped a huge huge thing for that and it'll take a month or two for the profiling and testing to go through and then what we do is we'll gradually roll peer-to-peer over the network so the when we did the shelley hfc event we shipped the peer-to-peer governor with it it's just certain parts of it weren't turned on or fully refined to a point where we responsibly could flip the switch and so that's what we're doing right now with that team and uh i think that uh more likely not that they'll kind of collide a little bit at the round the same time but they're orthogonal to each other there's different teams that work on these things and there are no dependencies in that respect however full peer-to-peer will occur before d hits zero i know that much um what kind of fast are you on i just ended a seven day water fast the responsible way so just water and coffee and every now and then unsweetened iced tea no calories from monica wiley charles got jokes tonight i do quantum computing resilience of cardano when we ask for the renewal we will include an entire quantum agenda so that cardano will be completely end to end quantum resistant it was a research item that we did in the initial scope but we didn't actually implement those protocols a because it wasn't in the original agreement and uh it was just a research item so we kind of understood what is a quantum adversary and post quantum signatures and these things and we wrote some papers and we actually explored signature schemes like xmss sphinx and uh also lattice-based crypto like crystals for example uh but uh the problem is quantum resistance requires more than that for example the orborus we would require a post-quantum vrf and we'd actually have to rebuild our snark structures like sonics for example because they're not quantum resistant if we were able to use them for private assets or other things in cardano we'd have to redo that so there's about two to three years of solid work on theory prototyping and application to make cardinal quantum resistant perfect thing for the next five years but not something for the last five years just understanding how to do that and what needs to be done is what we accomplished and i think that was a great mission the good news is there is absolutely no demand for quantum resistance at the moment because there aren't any quantum computers that can actually do anything to us that said by 2030 i feel that this will become an emerging threat to legacy systems the problem is right now with quantum systems uh all of the post quantum crypto it is simply too slow you're talking about signatures that are 10 20 30 times larger than the eds esa signatures that we used twisted edward [ __ ] stuff uh and a lot longer validation time and a litany of other little issues here and there and also we don't have a postgrf so you have to do random number generation differently so uh no way to do it and the tr even if it could be done at the moment uh the trade-offs are simply too high so part of an agenda would be gradually mitigating those trade-offs in creative ways but this does require new crypto and the good news is huge amount of people are thinking about this the bad news is it's not blockchain friendly at the moment so it needs to be translated charles did you ever play any sports are you a fan of any uh when i was a kid i grew up in hawaii i was a big fan of judo and that was one sport that i practiced later on life i did taekwondo and tangsudo and i really enjoyed that as well even competed and won a few medals then i got fat and old and mathematically and so stopped doing that but i was not one of those soccer kids or anything like that do you fear the federal government will tax cryptos so dramatically it becomes unattractive for mass adoption the us isn't the entire world obviously just speaking for us if the us government taxes it as they do they tax it like anything else they tax an income event and there's a tax regime for that don't matter if it's wheat or gold or silver or stocks or bonds there's a tax rate and if you want those taxes to be low vote for politicians who lower taxes if you want those taxes to be high vote for politicians who make those taxes really high for example joe biden wants to treat capital gains as ordinary income so so your tax rates there will go significantly up and that would mean all your crypto gains would go significantly up elections have consequences as to political ideologies and by the way those who say fair share they never stop the highest income tax got in the united states was well over 90 percent tal a says bite and talk i'm just literally reading off of what he said in his tax plan on his website and as analyzed by the washington post and the wall street journal he said he wants to treat capital gains as ordinary income and raise the top tax rate from 35 to 39 percent and remove the payroll exemption above 400 000 okay for many of us who are in the top brackets that means effective tax rates especially in places like colorado or other states with state income taxes would go above 60 percent that's exactly what he said in his tax plan that's not political that's his statement my broader point is well aren't we worried about crypto being taxed out of oblivion if crypto is an investment for you instead of a daily asset then you are affected by changes to tax policy in the way investment law works and there will be no special carve outs or provisions for cryptocurrencies because if you could do that why wouldn't microsoft do that for their stock why wouldn't the bond dealers do it for themselves they're going to tax everything all as one thing why is jeff bezos so rich today i bought three things three things on amazon yesterday i bought two things on amazon how many of you bought something on amazon if you create a company that employs hundreds of thousands if not millions of people and hundreds of millions of people every single day buy their stuff every day along with streaming services and dozens of other uh sets of things then uh jeff bezos is gonna make a lot of money from that that's just how america works he's a very rich man and you know what he dies one day and that wealth goes somewhere else big fan of the estate tax intergenerational wealth probably shouldn't happen bad for society um um half went to his ex-wife already i think she got like 20 to 30 billion dollars or something like that he has already made it all back and and more with the recent appreciation i don't know of any person who could take a 30 billion dollar hit and be like yeah you know parking ticket whatever uh the world's a little crazy right now charles it's jacob from ghana ghana is an incredible country by the way accra is so beautiful the countryside is so beautiful love the food everybody's real friendly especially the women uh is there a private key for the treasury uh if yes and who holds it you guys do the treasury basically spends funds based on threshold permissioning so money's moved over to a special account and it only gets distributed based upon success of ballots you guys vote and if a ballot gets past the threshold it authorizes the movement of the funds to that address that's on the ballot so yes in a sense there is a private key and who controls those keys the voters who participate in catalyst [Music] in that sense when will you get the greenhouses up and going i am right now working on the mycological endeavors growing mushrooms lion's mane rishi and few other things like that and i'll probably sell them as supplements because you can make about 16 times as much money per pound if you make them supplements and lion's mane is pretty hot right now people are starting to take it okay well you do 100 fruiting bodies for your shrooms interesting question i don't know yet but when i do the shrooms i'm gonna do a live stream and show you guys the entire setup that i have and all the cool things that we're doing how often do you fast i try to fast once a quarter for a week although the last six months have been very difficult for that how many hours you work a day i try to work an eight-hour day some weeks no and uh and sometimes it's like 16 hours and sometimes it's like two hours on take a break two hours here take a nap two hours here when you're a ceo you don't really work nine to five you kind of work whatever is necessary and it's a process sebastian says i hate you hacker we have another one kids another one of the paint chip brigade that doesn't seem to understand that my videos are taken wrapped around with a giveaway scam and people usually in russia and india or eastern europe or other places that's where we've tracked a lot of these down to uh you basically impersonate me vitalik elon musk bill gates and dozens of other people pretending to be me and keep all the money that people foolishly sent there are two way scams first violates me second almost all the channels that they broadcast these things through are hacked channels okay so the hackers get access to a channel and then they use that access to run these videos until eventually youtube takes them down then the paintship brigade people like sebastian here and hundreds of others go to my twitter feed to reddit to telegram to youtube and then they call me a hacker a horrible human being down vote the video say [ __ ] you hacker and blame me sebastian you have no brain you can't understand normal things i've explained this dozens of times as of other people if you don't believe me google steve wozniak sues youtube the co-founder of apple your ripple sues youtube okay look at those events start there and figure it out what you're doing is deeply offensive it's wrong and i'm just tired of the harassment but it's another collateral damage of the things that people do and it gives me less hope for humanity in general you know i trust people to be in charge of their lives to be able to think for themselves and be capable of things and i see people comment like this it takes effort it really does it really takes effort people have to wake up and be like holy [ __ ] charles is live streaming i'm going to join the live stream i'm going to type stuff and be completely convinced of this it literally takes less effort to investigate these scams than it does to do what these people do especially when they do it over and over and over again and they're just so convinced and you tell a person like sebastian that they're wrong and you give them the evidence and they go nini they don't listen because that's the world we live in now there's so many people like sebastian if cardano was to work don't be like sebastian someone please make me a t-shirt saying i am not sebastian okay please make me a t-shirt for that it's an example of who you cannot be in the thoughts you cannot have if you want to succeed in life why do you have those tribal masks why not how will i appease the spirits if i don't have the masks i mean come on animism here we go please confirm that you will never leave cardano i can't confirm that because you guys are in charge of that at the end when we finish everything we set out to do we're going to say we want another five years and here's all this incredible great stuff we're gonna do with all these allies who want to do it with you and you guys have to vote for it and if you don't well then you know you want to go in a different direction in which case you don't need me cardano grew up and moved on it's like a kid you want them to stay at home forever but if they grow up and they say we want to move out and go to north carolina or somewhere else then you let them go hope they come home for christmas similarly we're going to make a big proposal and it's up to you guys to decide love you from peru i love peru too especially the llamas if i was there i just you know put hats on them [Music] um he says what is your opinion about vitalik buterin do you honestly believe i'm gonna actually answer that question do you honestly believe that come on hemp concrete the gauls were one of the first to actually do that in fact caesar wrote about it uh hemp concrete's been around for a while it's not quite as strong as regular concrete but it's a great building material all things considered and throughout europe there are still bridges made out of hemp creek and actually the hippies they're making hemp concrete structures all over again and you know what there are some really really cool things about hemp crete that potentially if you work on it a bit i might actually use it for a future project especially if i do an icf home because that's uh you need some form of concrete in it and hemp is cool charles how do you know so much and been all over the place and only 32 it is nuts i don't watch television that helps a lot just stop that i and travel is cheap you can find ways to do it cheaply if you're clever about it [Music] charles why would you put hats on llamas christine i want you to google llamas with hats and watch all 12 of them you get back to me on the next ama that's your homework for the day canada loves you charles oh canada likes me but canada loves their prodigal daughter tamara hassan my chief of staff there's a few others who work for me from canada as well like our marketing director lisa andrea we have about a dozen canucks and i truly do love canada i love vancouver not a huge fan of toronto although there's jacobs and co that's a great steakhouse there and uh there are certainly a lot of things there i like canada a lot aloha charles mahalo what do you think of jack's decentralized twitter project good for him why would his shareholders allow him to build something that competes with his entire business model don't get that one we have another member of the paint ship brigade hi charles looking back do you think you would have changed the amount of ada circulating would you have ever considered burning maybe one to three billion of data which would allow the value to increase so marco i don't understand and this is something for three years now i've been dealing with it actually surprised me the amount of data in circulation has absolutely nothing to do with overall the use utility and value of the project if i have a thousand eight and circulating supply and lots of decimal points if i have 10 billion data in circulating supply and fewer decimal does it really matter the price per unit is lower or higher but act at the end of the day it'll still be worth 3 billion it's just the unit price will be a little higher lower as for burning whose aida am i going to burn is it going to be your ada ricky still here can i burn some of your aida rick you want me to burn some of yours or maybe maybe we should burn felipe ada or i i don't know let's just pick somebody marco you let me know whose aida are we going to burn for that 1 to 3 billion ada another thing is there is market data a burn event stellar burnt a massive amount of their supply it killed years of road map from their governing body years and they had a 20 boost short-term speculators came in gobbled all of it and left and the price went down and now we're what 2x over them so we should destroy the entire future of the project or the core people who worked in the project or rob money from people so short-term speculators can go and make a little bit of money for a perceived event also how do you actually know how much is in circulating supply for example bitcoin there's only ever going to be 21 million and i think what 14 15 million have been minted i don't look on coin market cap you tell me now tell me how many of those coins that are actually in circulation are still alive some people think more than half of the bitcoins in circulation are lost so is that reflected in the market price if somebody announced tomorrow we have discovered 5 million of the bitcoin that have been minted are lost what would happen do you think the price would suddenly go up and people say holy [ __ ] there's only ever going to be 16 million bitcoin wow let's massively increase the price it wouldn't go up because it happened people announced that study they said all these bitcoin are not in circulation you guys this is the paint chip question it comes every now and then and they're less frequent today because our community's so smart but then somebody comes on in and really firmly believes that why because scammers and marketers and manipulators who have nothing to sell you they don't have daps they don't have vision they don't actually have technical skills or science and they're a copy and paste coin the only thing they can sell you are gimmicks and one of the gimmicks they love is proof of burn so there we go thank you rick i appreciate it he said coin boiling burns don't work charles you're still driving your truck in your lap but lambo's still in the shop and if you're a lamborghini owner are real it's like it's like that old saying fake rich people tell you how rich they are real rich people complain about taxes fake lamborghini owners tell you how great the lamborghini is real lamborghini owners complain about their damn car being in the shop three weeks now three weeks i was just about to pick it up and they called me up and they said hey while we were cleaning it we accidentally broke something so i said [ __ ] okay and they said well can you fix it oh yeah no problem at all the part will be in tomorrow a week later it'll come in next week tuesday we'll see and i drive a ct6's by daily driver for now how much is a lambo oil change twelve hundred dollars if you have a deal normal two thousand for a huracan okay alex i love where you're going with this okay in fact you should go to the dc fund right now go to idea scale [ __ ] check that [ __ ] out man alex grimm asks what about a dating app with no fake by using prism let's go beyond that prism will not only allow you to authenticate that you are a real person but with threshold proofs once zero knowledge stuff gets into the prism framework you can show how old you are without necessarily revealing your name uh you can perhaps give a regent without necessarily revealing a town and definitively prove that you've been in certain places you could potentially reveal information like sdd std test results you could reveal other such things too like size of certain body parts all these things without necessarily de-anonymizing the person all these things are possible for the decentralized tinder 2.0 that will inevitably be viral depths and bring millions of users active engaged users into our system by the way it also has payment system with it use your imagination on that these are the things that decentralization bring you and better identity system gives you no more hackers verifiable information from health information to physical information to wealth information all of these things okay so if you're interested in that you really are excited about it go to idea scale talk to the community sell something how is that possible magic and also trusted authorities because for example you can create identities in the system your web of trust for known actors like hospitals and clinics and other things like that you have certified medical records and you can reveal sub-components of a certified medical record if you want it in your chart you can get it in there and you can prove these details and facts about you with some timeliness and know they haven't been counterfeited and they are indeed associated with your name but you don't have to reveal the name you just know the records right that is the magic of zero knowledge proofs combined with a did system combined with a blockchain combined with decentralization what color is the huracan it is black and yes i did play the rolling stones charles how's the litecoin chain link relationships going we are writing a lip uh we're still working on a guy to do that and for chain link we had a several conversations with sergey and at some point we'll at least be supporting but actually i have something in the oracle side that no promises it's just talks right now and early early days but if we do it it will make chain link look like a toy and we never even speak their name again so we'll we we're still talking to them we're a neutral platform we'd love all kinds of people come there's oracle pools we'd like chain link to be in there there's something here i'm thinking about it's good i'm not going to say anything about it right now because very early days and you guys can reference this video for when i announce it if we announce it and i'll say was that what you're talking about on 1010 and i'll say yes absolutely this is really cool it says i'm not putting the size of my penis on the blockchain you don't your did is associated with a did document which potentially can be associated with additional stores of data a zero knowledge proof will only prove it to the asker so if an outside party gets there they can't actually verify if that information is correct but the person asking can't so that's not a permanent record that would live on your blockchain forever just the did but the associated data is verifiable but not necessarily ubiquitously available nor immutable that's the beauty you can have your cake and eat it too charles are you a dreamer john lennon told me that through a song um ioh k development team is partnering with the global humanitarian organizations the un launching a hackathon to end poverty hunger and solve climate changes what is ada's role there cardona will be the platform solutions are proposed and deployed upon that is our preference that is what we want to do i'm not sure why the touchscreen is not working that makes me sad can i scroll through no no well maybe i'll close and reopen there we go ah here we go perfect were you a fan of van halen actually i was not never got into van halen it was one of the very few bands that i never got into not saying he's bad but i was just never into him fleetwood mac yes i've seen stevie nicks multiple times love that girl i love the whole fleetwood mac experience okay mick fleetwood is amazing i once saw him 70 years old 11 minute drum solo like seven minutes into it the lights go out and i'm like whoa oh my god this is crazy and then they come back on and there's these weird japanese guys with their shirts off like banging taiko drums and he's just with a hand drum like that they are artists in the truest form fleetwood mac highly recommend stevie nicks is also quite good hang on let me put my phone on vibrate because i don't know why i keep getting these there we go no more buzzy buzzy clockwork orange do you guys remember the lead actor in clockwork orange he was also in star trek generations he played soren his name is malcolm mcdowell and for real nerds you'll recognize he was the name of john henry eden the robot president the com e.i prison president in fallout 3. the all president john henry eaton [Music] hmm ergo on your roy exciting times ahead what are you most excited for charles ergo amergo virgo america very exciting together right i am most excited for the launch of gogan and for voltaire to fully wake up and to have 10 000 20 000 people every time we do around talking and hundreds of projects getting funded and that means every month we're gonna have hundreds of projects funded we talk about adoption we're gonna blow everybody out of the water once this is all done charles what astrology sign are you i am a scorpio i was born november 5th 1987 at 11 11 a.m in hawaii you can now steal my identity [Music] hmm don't forget planet of the apes you bastards blew it up bastards charlton heston rocks man that was a great great movie do you like classical music well i was a classically trained piano player i absolutely love classical music love beethoven love chopin love list proms all these guys there are so many interesting people like debbie say bach is interesting you know the mathematical mind you say hey bach all right let's go uh but a lot of cool classically trained musicians i'm most excited about algorithmic music and algorithmic music generation assisting in the composition process so you take a talented composer you give them a machine that they can work with to give them ideas on things that they can do and i think that's going to result in symphonies that we just have never imagined before and a renaissance for classical music very excited about that and maurice revell that's another one i really enjoyed leopoldowski also did a lovely uh recomposition reimagining of chopin's work and quite uh quite technical too hard to play give us some extended fasting tips man from glen glad bernard glad uh my recommendation is start with intermittent fasting do sixteen eight okay so skip breakfast eat twelve to eight it's easy peasy super simple two larger meals instead of multiple meals throughout the day keeps the insulin level pretty low gets you used to the whole fasting experience do that for about a month if you're really cool with it then go on a fat fast for three days where you have a high fat intake low carbs low protein that'll get you deep into ketosis you get used to ketosis you might have a keto flu you might have lethargy all these things but once you're there your body's used to that your brain knows how to operate on ketones you're okay okay because you kind of primed yourself with the intermittent fasting if you can survive all of that then you can do an extended fast and try about four days first the first three days suck on a water fast the fourth day opens up if you feel great then carried out a few more days and the day before you break your fast eat a salad nice big salad protein shaking yogurt right when you want to break it and i'll get you restarted uh of course check with your doctor before you do any of this if you have a lot of medical problems like diabetes the other things you know there's a lot more to think about and ask and the best book you can buy on it's from dr fung fung and he's an expert on intermittent fasting he's board certified nephrologist charles what are the benefits of conducting an extended fast from your own experience there's actually some joe rogan episodes on this and all these other things where he interviews some nutritionists and doctors who do these things the primary benefit is that after a few days your body goes through autophagy eats a lot of the old cells so basically you need two macronutrients to survive you need well you need all three the proteins the lipids and the carbohydrates but your brain can't run just off of fat your brain actually needs a little bit of glucose so how that works is the brain will uh will actually the body will actually manufacture the glucose you need through a process called gluconeogenesis so go and eat all those old cells even if you extend it that's a really long time it'll eat your scar tissue all these other things uh and it'll convert it to glucose you need to rot so you'll get mental clarity uh you'll lose weight a lot of weight half of which or more will be water weight you'll gain it back after the fat in the fast and about 70 30 for most people fat protein so the fat side that's actual body fat actually gets rid of visceral fat really nicely as well and on the protein side i will you will lose a little bit of muscle mass if you go beyond three days you lose a little bit but it's very easy to gain that back you just drink protein shakes and work out a little bit you'll get it back in a week or two after that fast the fat stays off okay so it'll reset a lot of things now a lot of the naturopathic people they say well detox the body and cleanse the body you know and that may be true but i won't go so far on that that said if you have food allergies and most people in america and other places do there's at least one food you're allergic to or have sensitivity to and you happen to consume but for me it's avocado i love avocado and sushi and i feel like crap after i eat it and actually molasses is another thing and it what is molasses in barbecue sauce and i love barbecue so i still eat it but it does cause me some problems so by getting off of that all your allergies tend to go away so immediately you'll notice your nose gets a lot more clear you can breathe a lot easier and your body just feels better okay now this is assuming your body is keto adapted and you can be in a fasting state and it's okay if you've never done it before and you just go cold turkey into it you will feel horrible in your first fast extended fast horrible so i don't recommend that but if you want to tough it out okay it's going to be super tough but you'll notice that you'll you'll have a lot of mental benefits your skin gets a lot better it slows down aging you get something called bdnf brain derived neurotrophic factor there's tons of cool things there's a great video that summarizes all these benefits on youtube it's from a youtuber called what i learned and just type in what i've learned fasting and there's a whole series of videos about sugar and fasting and these other things highly highly recommend that and put honey on crust i do bojo's pizza man put that honey on the crust it's good i'm actually going to get into epiculture i'm going to start raising bees here next year how did you pinpoint the avocado a very good question i had a genetic test and an allergy test done and actually they can now just by reading your genetic code and some other tests they can give you a breakdown of food groups that you have some sensitivities to uh geno palliate geno paleo i think or palette is i can't remember the exact name if you have a 23andme dataset you can give it to them and they can analyze it and tell you all kinds of interesting things who will win the nba finals used to watch tons of nba loved basketball have not watched a single game in a long time i just don't care for it anymore any sport that goes political goes woke i don't watch and you know what fine it's entertainment there's plenty of other things entertained there's great books youtube videos there's all kinds of wonderful shows and plays and other things that you can do so much art and culture out there sports is just one outlet and there are many sports out there go be a rugby fan go watch mma fighting go watch thai kickboxing we tie those tournaments are amazing watch them break coconut trees with their shins they're crazy man charles how do you like your neo rhythm headband hate it stopped using it no benefit however i have a mendy coming and i also just bought something from heart math and i will try that out i'm really getting into heart rate variability and flow training and this concept of coherence apparently people say it's great talk to my dad he read about it when he was in medical school back in the 1980s so there you go this is a great question i love you bro i'm trying to really emphasize how we wrote the question you're just answering questions which is nice but why the [ __ ] are we asking a mathematician creator of kryptos about diet what a waste of everyone's time why because life is more than just one thing life is the composite of all things it's as much about love in art and music and diet as it is about math and science and business and the point of these amas is that you guys are in charge not me which means you can ask anything got it from rush limbaugh years ago he said fridays with rushing friday you can call in and ask whatever you want of course it's not true because there's a call screener and all this stuff but guess what i don't have a call screener so better than rush schwa would you skydive oh yeah i've done a lot of that what is your favorite video game well obviously legends of valor because i own it well ah yeah i have many favorite games we'll get into gaming at a different part of the ama god i am having fun open line friday that is it that's right i haven't listened to russian years too i used to work at a cat rescue when i was a young kid i was like 11 12 years old and this crazy woman woke up and just said i'm gonna live with 90 cats in my house and adopt them out and so my mom got in her head it was a good idea for me to volunteer there so my job was to clean the cat cages and medicate the cats and she was a big rush limbaugh fan so every time i'd go there there'd be rush limbaugh blaring and i'd be cleaning cat cages and then i had to give them pills and shots especially when distemper came through you ever try to inject a cat with saline you ever try to give a cat a pill and i and i had that job for a damn year and the day i left she bought this cat bag where you put the cat in the bag and their head sticks out you zip them up so you can give them pills and inject them without them clawing the hell out of you i was like i was here for a year i have scars all down my [ __ ] arms because of because these cats you buy it the day i leave judy quillivan was her name recycled critter rescue i wonder if that's still around her husband was a chain smoker and he just lived in the garage and smoked cigarette extra cigarettes for cigarette that's where all the bags were memories memories jason asher did you milk the cats that is a fucker's rec uh reference and i ask you how do you meet how do you milk a cat tiny nipples [Music] when are you going on the joe rogan experience rogan after gogan charles have you watched wim hof not only i've watched him i've met him i ran into him it was the waffle amsterdam 3am story and i'm gonna do some iceman training with him i was scheduled to do it march this year but then the great rona came so next year [Music] what are you using to show the questions in the stream i'm using a service called stream yard it's nice to get to know a person not a waste of time lol i could not agree more you know people are composition of all things and you really need to get to know people the most unfortunate people in the world are people who hyper-specialize just one thing and they allow everything else to die you know i grow things i right over here hydroponically grown flowers and then in the next room i have a whole bunch of plants and i'm learning how to grow mushrooms i have raised bed gardens almost every day when i'm not fasting i have food i've grown in my own gardens i can thin slice it cook it and butter and it's amazing to be able to have that skill set that's something i just learned i have donkeys right outside i have horses right outside got dogs running around you know i got three owls that live on the property you know i try to talk to them but they don't give a hoot you know the point is that you have all these different things and the key to life is to be in touch and in tune with all those things and allow them together because once you've done that then you have achieved a state uh where you kind of just enjoy every day and you know what the other great part about it is everything in life no matter how much you believe it's permanent is ephemeral you have a wife or a husband they're gonna die one day or maybe you split up you have a great career that you truly enjoy and love at some point you retire or get fired as a ceo of ethereum could have done great things there it only lasted six months six months gotta move on if you're attuned to all the things you're resilient because you can lose one of those things and you can wake up and say it's okay because i have all the other things and i'll find something else if you only have one thing and you lose that one thing you're going to be tying the noose what is your dad's medical specialization my dad was a cardiologist my dad does a lot of cardiology work like treadmills and these other things he is a trained internist board certified internist and has been so for over 30 years will polka dot make cardano obsolete no especially since they're borrowing cardano stuff anyway i like gavin uh we have a unique relationship uh and uh i like the polka dot team actually the web 3 guys have been very nice to us crypto crow has been arrested like eight times steer clear of him unless you want to sink i wasn't aware of that and you know what i'm gonna keep talking to crypto cru i don't care about the personal stuff i talk to him over youtube you know i talk to him through interviews you know i'll talk to anybody i don't care about their background stop trying to de-platform people what is your favorite subject in mathematics i truly enjoy number theory although lately i've become very interested in set theory logic and philosophy of mathematics dare i say that i may one day become an ultra finitist yeah right you know people just say [ __ ] all i know is what i've seen and i've been treated with respect and dignity and kindness every time i've come on his show and we have a good rapport is hydera hashgraph still relevant if they get rid of their patents i would agree charles do you watch formula one i do not watch car racing but i do participate in car racing because i own an exotic car lamborghini huracan lp 610 i can race it and i do and i'll take it to tracks and race mclarens and ferraris and porsche 911s and all these other things and get it up to ridiculous speeds sometimes over 150. it's better to play than watch true in sex and true in racing charles have you ever broken any bones many my x-rays light up like a [ __ ] christmas tree oh yeah and i pay a lot more than trump i'll tell you that paid seven figures in taxes this year when girlfriend you are you auditioning but you race alone no no no no you race in the track you race against other people it's amateur races and actually you're interconnected with the other people when you do these things why because you feel them on the track you can actually get a peripheral sense of where they're at and if you really get into flow and you're really into it when they move you can feel them moving because you're going 150 miles an hour or faster russell's paradox or any other real logic propositional calculus what floats your boat russell's paradox that's a cool one involving the definition of a set and why categories were created turns out if you allow sets to contain themselves creates all kinds of problems namely the barber of seville paradox the barber's paradox which means infinity has some problems any tips on productivity yes uh read david allen's uh book uh he is an expert time management and the name will come to me in a second but basically uh he invented all these different schemes for how to organize your time and learn a lot about mind maps learn a lot about visual literacy these things alone will have a huge impact love the new daedalus desktop update works really well oh geno more to come my friend more to come of all the things that you learned about ben gore's soul what was the most interesting too he never took off the hat the entire time getting things done thank you scotty i have the best audience you guys are great oh yeah right here pomodoro method is another thing to learn about as well helps you it's very complementary to getting things done for deep focus also be extremely aware of context shifting okay there's shallow focus and deep focus anytime you're in deep focus and somebody comes and distracts you and says it's not just the time that you have to spend dealing with the distraction getting back into the deep focus is not trivial reduce those wherever possible hey charles you said that jacques fresco visited you no i said he visited my alma mater c boulder he did a presentation there right now reading wednesday is indigo blue from dr cydowick it's about synesthesia i'll let you guys know when i finish it baby yodel we all know where that's going guys baby yoda is yattle and yoda's son that's why there's a 50-year time period between the phantom menace and uh the uh mandalorian and yaddle disappeared in the clone wars where did she go she was pregnant with yoda's baby come on all makes sense come on come on kathleen kennedy do not let us down is all right guys we'll cut it here thank you so much for attending the ama i really enjoyed it always fun and this is charles hoskinson signing off from warm sunny colorado
