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Joel Comm: There's many reasons people enter the crypto space. Some are

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Joel Comm: fascinated by blockchain technology. Some love the web3 aspect of

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Joel Comm: playing Earn Nfts and the metaverse. Others are entranced by

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Joel Comm: a new way of decentralized finance. And of course, there

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Joel Comm: are the Bitcoin purists. Today's guest is in blockchain for

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Joel Comm: what we at the Republic of Bad Cryptopia would label

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Joel Comm: the right reasons. Passionate about the power of the immutable

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Joel Comm: ledger and how it helps secure our inalienable rights. Chairman

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Joel Comm: Elijah Beaudry has been talking the talk and walking the

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Joel Comm: walk for many years. You'll love his enthusiasm for the

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Joel Comm: space which is much needed during a bear market. Grab

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Joel Comm: some marshmallows and join us around the firepit for a

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Joel Comm: great conversation and a little bit of say saying the

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Joel Comm: quiet parts allowed on episode number 657. Of the Bad

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Joel Comm: Crypto podcast.

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UU: Five, four, three.

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UU: How are all of the opinions? Who's bad? I.

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Joel Comm: And for those of you watching the video version of

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Joel Comm: this podcast on YouTube, a Rumble or Odyssey Sign language

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Joel Comm: brought to you courtesy of Sir Lord Travis Wright. Hello,

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Joel Comm: good sir.

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Travis Wright: But the title I didn't know. Oh, I did sign language.

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Travis Wright: I thought I was supposed to be deaf.

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Joel Comm: I don't know. I mean, there's people that do sign

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Joel Comm: language for the deaf. You don't actually have to be.

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Travis Wright: Well, luckily, the deaf people are not offended because they

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Travis Wright: couldn't hear it in there. Well.

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Joel Comm: That's a large of. Right. I'm sorry. This is the

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Joel Comm: bad crypto podcast. Yeah, it's 57. And and we're glad

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Joel Comm: you're here. This is going to be a great show.

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Travis Wright: I don't know why we're being silly when we have

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Travis Wright: the guest that we have on. He's a pretty serious guy,

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Travis Wright: doing pretty serious stuff for Miami. Here we are being silly.

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Travis Wright: That's because I felt the urge to be silly. I

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Travis Wright: apologize in advance because this guy is really good.

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Joel Comm: We don't apologize for being silly. It's baked into the.

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Travis Wright: No, no, no. It says it says in the Constitution,

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Travis Wright: in the First Amendment, no hate speech and no misinformation.

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Travis Wright: It's right there. Article subdirectory, two three, paragraph four says

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Travis Wright: that asylum.

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Joel Comm: Well, there's nothing but love in this interview with Chairman Beaudry.

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Joel Comm: Let's get to it. It was once said that we

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Joel Comm: need an immutable ledger for inalienable rights. Trav, do you

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Joel Comm: know who said that?

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Travis Wright: I do know who said that because we we have

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Travis Wright: notes that we go over before the show. And so

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Travis Wright: we learn the things and we talk about stars.

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Joel Comm: That are going.

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Travis Wright: To be shown. We have a little pre-show at the Gast,

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Travis Wright: and then we come in and then we know exactly

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Travis Wright: what I figure.

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Joel Comm: You'd come in and, you know, be like, Let's say

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Joel Comm: you're paying Karl Marx, you know, so. Oh, no, no, no.

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Joel Comm: None of those guys.

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Travis Wright: That's what you get for assuming. So you're just assuming

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Travis Wright: the wrong things today.

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Joel Comm: I am perpetually making an ass out of myself and

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Joel Comm: intend to do so more today, right in front of

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Joel Comm: the originator of that quote who has also said to

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Joel Comm: us that blockchain is his life. His name is Elijah Beaudry,

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Joel Comm: but he is the chairman. We get this wrong and

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Joel Comm: that's what we're going to fer to him going forward.

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Joel Comm: He is with the Miami-Dade County Cryptocurrency Tax Forth Task Force.

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Joel Comm: There we go. Not the Texas Tech Force, the task force.

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Joel Comm: He is the chairman of that. He's got all kinds

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Joel Comm: of interesting things to tell us about what's happening in Florida,

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Joel Comm: especially in Miami. One of the most forward looking and

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Joel Comm: thinking blockchain cities. Mr. ALIJA. Mr. Chairman, Mr. Beaudry, all

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Joel Comm: three of you, welcome to the Bad Crypto podcast.

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Chairman Elijah Bowdre: Thank you very much. I'm very excited and it's pleasure

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Chairman Elijah Bowdre: to be here.

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Joel Comm: I hope you're just as excited when we're done that.

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Joel Comm: You know, we can Well, you know, our exit interview,

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Joel Comm: you know, after the show, we're like, are you glad

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Joel Comm: you came? And, you know, you're already off screen, you've

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Joel Comm: dropped the mic and you're done. And then we know

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Joel Comm: for sure how we've done.

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Travis Wright: I'm still waiting for somebody to say they enjoyed coming

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Travis Wright: on the show after like five and a half years.

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Travis Wright: Somebody eventually is going to enjoy coming on the show.

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Joel Comm: Yeah, we're going to keep doing the show until somebody says, Yeah.

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Chairman Elijah Bowdre: I will. Well, I mean, you got if it's about

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Chairman Elijah Bowdre: the blockchain, then you already got me.

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Joel Comm: You've come to the right place. Good, sir. Tell us

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Joel Comm: a little bit about yourself, kind of the Reader's Digest version,

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Joel Comm: and we'll get on to all the blockchain. Goodness.

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Chairman Elijah Bowdre: Yes. Yes. Well, I'm glad you don't drink. Or Chairman

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Chairman Elijah Bowdre: Bill Drake of the Miami Dade County Cryptocurrency Task Force,

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Chairman Elijah Bowdre: originally from Long Beach, California. But actually, I spent my

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Chairman Elijah Bowdre: early career, was in finance working for a hedge fund,

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Chairman Elijah Bowdre: private equity sales in New York for Jp morgan until night,

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Chairman Elijah Bowdre: when there was a little thing called the global Financial

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Chairman Elijah Bowdre: Crisis that washed me out and I moved to China.

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Chairman Elijah Bowdre: I did a study abroad prior to going to work

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Chairman Elijah Bowdre: and those connections there, after my layoff from working on

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Chairman Elijah Bowdre: six or nine in New York, got opportunity to start

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Chairman Elijah Bowdre: a business actually joint venture, one of the largest payment

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Chairman Elijah Bowdre: and logistics entities in China and with my own company.

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Chairman Elijah Bowdre: And it was there doing sourcing. So I've sourced over

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Chairman Elijah Bowdre: 1200 different products from China for nine years and I

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Chairman Elijah Bowdre: speak Mandarin. And then about 40 cities in China done

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Chairman Elijah Bowdre: business in 11 countries. You know, my first million dollars

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Chairman Elijah Bowdre: when I was 24 in China, unremarkable. But then it

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Chairman Elijah Bowdre: was 2012 when a client reached out to me, friend

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Chairman Elijah Bowdre: of a friend, and said that they wanted to do

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Chairman Elijah Bowdre: a transaction and want to source something from China. But

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Chairman Elijah Bowdre: they had a peculiar caveat. They didn't want to use.

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Chairman Elijah Bowdre: Dollars for money. Well said. I'm doing okay. Money. Are

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Chairman Elijah Bowdre: you wanting Singaporean dollars in your Swiss francs? Woolworths was

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Chairman Elijah Bowdre: with the unit this fine. Come to find out. They

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Chairman Elijah Bowdre: didn't want to use any fiat currency, period. They wanted

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Chairman Elijah Bowdre: to use the Internet protocol called Bitcoin. And it's done. 12.

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Chairman Elijah Bowdre: I never heard of it before. I was living in China,

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Chairman Elijah Bowdre: making a lot of money, have a lot of fun.

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Chairman Elijah Bowdre: But I was kind of I was skeptical. Like everyone

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Chairman Elijah Bowdre: has internet coins. Like, Oh yeah, it's, it's interesting. Woman

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Chairman Elijah Bowdre: I want to do with that. But I took it

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Chairman Elijah Bowdre: to my partner and he was like, Hey, you know,

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Chairman Elijah Bowdre: you should look into this. This is the, the future

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Chairman Elijah Bowdre: decentralized peer to peer cash. And I'm like, okay, we

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Chairman Elijah Bowdre: use it for trade. So and I actually did that

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Chairman Elijah Bowdre: for quite a while making money off it. But it

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Chairman Elijah Bowdre: was it was in the early days, it was very analog.

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Chairman Elijah Bowdre: I had to actually receive like eight accounts. When I

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Chairman Elijah Bowdre: first met Bitcoin, I was $0.85.

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Joel Comm: When you first met Bitcoin, is that what you said? Yes,

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Joel Comm: when I when we first met, by the way, it's

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Joel Comm: not Internet coins. It's magical.

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Travis Wright: Internet. Internet money. Yeah, yeah.

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Joel Comm: Yeah. Do go on.

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Chairman Elijah Bowdre: So and I'm taking this concise as possible. I don't

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Chairman Elijah Bowdre: want to get too long winded, but I think it's

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Chairman Elijah Bowdre: an interesting story. I'm being on the early days, you know,

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Chairman Elijah Bowdre: you know, how was grab the guy to actually take

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Chairman Elijah Bowdre: these coins. And then I had to actually find someone

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Chairman Elijah Bowdre: to trade with peer to peer, literally. And, you know,

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Chairman Elijah Bowdre: the only people who were really traded was the 24

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Chairman Elijah Bowdre: hour case. And they had some gambling in the back

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Chairman Elijah Bowdre: in the background. They could go in there. You can

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Chairman Elijah Bowdre: play taking tag at 4 a.m., you know, or Dynasty Warriors,

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Chairman Elijah Bowdre: you know. But then in the back, they're playing mahjong,

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Chairman Elijah Bowdre: big stacks of money, cigarettes, noodles. And then it's this

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Chairman Elijah Bowdre: guy comes in from America, say, hey, I've got my

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Chairman Elijah Bowdre: computer and I got these Internet points. And so trade

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Chairman Elijah Bowdre: me your big stack. All this money. You guys gambling

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Chairman Elijah Bowdre: before the Internet, you know, and I did that for

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Chairman Elijah Bowdre: like a year, actually, you know, making this happen. And,

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Chairman Elijah Bowdre: you know, then we we stopped doing that. I actually

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Chairman Elijah Bowdre: end up moved to Hong Kong and I got married

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Chairman Elijah Bowdre: and started it another other. We opened an office in

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Chairman Elijah Bowdre: Hong Kong and it was expanding and I had a

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Chairman Elijah Bowdre: friend of mine approached me to say, Hey, he said

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Chairman Elijah Bowdre: he was doing cross-border. Cross-border Bitcoin arbitrage. You want to

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Chairman Elijah Bowdre: go into business with me and make an exchange. And

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Chairman Elijah Bowdre: as I also know, exchanges like BitMEX, like Mexican Bitcoin,

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Chairman Elijah Bowdre: like Mexican bitcoins, like Mercantile Exchange. So my girlfriend, Arthur Hayes,

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Chairman Elijah Bowdre: actually goes there. I actually want to be one of

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Chairman Elijah Bowdre: the investors. I didn't invest into BitMEX, but I did.

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Chairman Elijah Bowdre: I did invest into the first my first ten coins

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Chairman Elijah Bowdre: as an investment because when I was living in north

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Chairman Elijah Bowdre: of mainland China, it was just a trade. I was

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Chairman Elijah Bowdre: getting them. I have to I want to get rid

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Chairman Elijah Bowdre: of them as fast as possible, you know, and get

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Chairman Elijah Bowdre: my actual money in it. Just amongst the other things

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Chairman Elijah Bowdre: that I had going on in China. When I get.

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Travis Wright: Your ass, get your actual money.

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Chairman Elijah Bowdre: Yes. Yeah.

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Travis Wright: Yeah.

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Chairman Elijah Bowdre: That's it, right? Okay. Yeah, I got exactly right. Exactly right.

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Chairman Elijah Bowdre: So that that was my my thinking back then. But

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Chairman Elijah Bowdre: you approached me to be part of the you know,

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Chairman Elijah Bowdre: I don't know about the cross-border exchange arbitrage, but I'm

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Chairman Elijah Bowdre: a How much are those coins now? Is it family time?

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Chairman Elijah Bowdre: Like like, you know, coming from a finance background, You know,

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Chairman Elijah Bowdre: I'm a I'm a you know, I'm a top graduate

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Chairman Elijah Bowdre: from Florida Agricultural Mechanical University, 14 a.m. in Tallahassee's school

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Chairman Elijah Bowdre: business ST which is Morgan worked for Goldman Sachs. I've

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Chairman Elijah Bowdre: done a number of different banking things, so instantly I

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Chairman Elijah Bowdre: calculate either well, I would, I would be like, I'll

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Chairman Elijah Bowdre: be substantially rich, you know, about 3040 million about about

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Chairman Elijah Bowdre: one of those deals that I did and just sat

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Chairman Elijah Bowdre: on those 10,000 Bitcoin or those 18,000 Bitcoin that, you know,

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Chairman Elijah Bowdre: moved around. So, you know.

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Travis Wright: That was $0.89 you said were $0.89.

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Chairman Elijah Bowdre: Yeah. And now it now narrowed 500. Now where we

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Chairman Elijah Bowdre: sit in across amendment. Well I was like well let

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Chairman Elijah Bowdre: me get ten you know, and those ten coins saved

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Chairman Elijah Bowdre: my life. That's our, that's, that's a, our passports, the coins.

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Chairman Elijah Bowdre: And from that time, actually, I hosted it myself. Bingham Actually,

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Chairman Elijah Bowdre: Arthur Hayes and myself, we hosted the 2014 Blockchain Expo

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Chairman Elijah Bowdre: in Hong Kong, actually the name of our show. So I,

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Chairman Elijah Bowdre: the chairman and the crypto chair for Dade County, which, um,

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Chairman Elijah Bowdre: I actually wrote the Florida's blockchain legislation, the first blockchain legislation,

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Chairman Elijah Bowdre: house bill for virtual assets and digital currencies. And also

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Chairman Elijah Bowdre: I authored the legislation for our crypto payment policy for

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Chairman Elijah Bowdre: the county and the actual resolution for the blockchain war

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Chairman Elijah Bowdre: for Dade County also up there as well. But even

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Chairman Elijah Bowdre: before that, from 2016 to, you know, pandemic and beyond,

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Chairman Elijah Bowdre: there was a person that was going around. Talking about

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Chairman Elijah Bowdre: blockchain and crypto that was that. You know how the

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Chairman Elijah Bowdre: actual county mayors, city council members, firefighters, police, other public

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Chairman Elijah Bowdre: officials download their first blockchain wallets and sell their first bitcoin.

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Chairman Elijah Bowdre: All the quinceaneras or mitzvahs and see those really so

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Chairman Elijah Bowdre: on the ground preparing the way for Miami to be

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Chairman Elijah Bowdre: where is today? Which is the crypto capital world or

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Chairman Elijah Bowdre: of America. And there was that at one point. That

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Chairman Elijah Bowdre: was me. I don't know was that that was that

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Chairman Elijah Bowdre: was when I was in going back to Hong Kong.

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Chairman Elijah Bowdre: I got back to America, actually to a project called

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Chairman Elijah Bowdre: the Miami Water. I was involved with that part of

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Chairman Elijah Bowdre: 85 and actually got cut through amount of money that

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Chairman Elijah Bowdre: was invested from Hong Kong into Miami. And I came

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Chairman Elijah Bowdre: over with that project, but I was always with the

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Chairman Elijah Bowdre: blockchain parts.

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Travis Wright: Which is fascinating, you know, stuff. You're you're over there

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Travis Wright: in China and you learn about Bitcoin. And then so

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Travis Wright: that was the project. And this new project you're talking about,

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Travis Wright: that's what moved you back back to Miami.

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Chairman Elijah Bowdre: Well, the main world center in a program called MI five,

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Chairman Elijah Bowdre: which is an investor visa for Chinese families of investors,

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Chairman Elijah Bowdre: they spent a half a million dollars in America on

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Chairman Elijah Bowdre: the rules, their project to create jobs. They're able to

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Chairman Elijah Bowdre: get a basic passport for them and their entire families

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Chairman Elijah Bowdre: for an investor visa program. I was a big part

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Chairman Elijah Bowdre: of that and made some good points, but that's what

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Chairman Elijah Bowdre: brought me back to America. But with America, I still

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Chairman Elijah Bowdre: evangelizing for the budget. After that 2014 Holcim Expo. My

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Chairman Elijah Bowdre: partner and I, Edwin Reyes, who's also a femi Rattler

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Chairman Elijah Bowdre: alumni from our school, and he's the one who actually

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Chairman Elijah Bowdre: told me to go into crypto. Him and his father,

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Chairman Elijah Bowdre: Ed's father, were one of the prime brokerage in China.

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Chairman Elijah Bowdre: And so these two African-American gentlemen, father and son, won

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Chairman Elijah Bowdre: about $190 million of Chinese money in China. You know,

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Chairman Elijah Bowdre: people don't even understand what that means. But but that's

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Chairman Elijah Bowdre: my partner. And at the time, that's what they were doing.

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Chairman Elijah Bowdre: And he was like, hey, that's the new finance is

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Chairman Elijah Bowdre: going to be the future. We started with a gimbal

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Chairman Elijah Bowdre: and gimbal purpose is basically to we liquefied illiquid luxury assets.

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Chairman Elijah Bowdre: So they were just kind of a luxury digital, you know,

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Chairman Elijah Bowdre: kind of pawnbroker, right? So if you got grandma's necklace,

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Chairman Elijah Bowdre: that's $10,000, you know, or however much you can't break

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Chairman Elijah Bowdre: one ruby off and go and buy, rent or ship,

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Chairman Elijah Bowdre: you have to sell it all or not sell it

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Chairman Elijah Bowdre: at all. And so what we actually did was allow

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Chairman Elijah Bowdre: people to take these precious stones, rubies, sapphires, emeralds, diamonds.

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Chairman Elijah Bowdre: And we would take the custody of it. It's an

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Chairman Elijah Bowdre: amazing custody. We take all the down insurance out of

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Chairman Elijah Bowdre: all the all the different metadata, you know, upload it,

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Chairman Elijah Bowdre: tokenize it, fractionalized it, and so on. And we did

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Chairman Elijah Bowdre: that for about three or four years as.

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Travis Wright: Validating or validating the authenticity of these things. And then

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Travis Wright: you were offering them a token in exchange. So it's

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Travis Wright: like sort of like validation with authentication. You know, it

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Travis Wright: is now like, you know, this is real. Sometimes you

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Travis Wright: don't know some of these things are real, right? You're like,

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Travis Wright: Is this really real? Especially when you deal with China.

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Travis Wright: I've been to China a couple of times, and I've

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Travis Wright: seen those I've seen those factories. And it's like, Oh,

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Travis Wright: here's where they make the guarantee. And it's like, well,

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Travis Wright: it's not really good. It's really it looks like guarantee. Oh,

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Travis Wright: tell me the place where they're making those Air Jordans

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Travis Wright: I want to go get with Panda. But it is

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Travis Wright: so it's like when you don't have authentication there, that

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Travis Wright: creates a big challenge. And so that's that's a really

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Travis Wright: big use case, I think, for blockchain. And you know, these.

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Chairman Elijah Bowdre: Absolutely. Absolutely. And you hit the nail on the head.

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Chairman Elijah Bowdre: I mean, you know, I love time. You know, I

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Chairman Elijah Bowdre: have some some wonderful friends, wonderful people out of there.

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Chairman Elijah Bowdre: You know, China as a nation is is has challenges

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Chairman Elijah Bowdre: like every nation.

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Travis Wright: But the Chinese government is a little wonky. But the

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Travis Wright: people there, the people I met, are super friendly, awesome people.

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Travis Wright: It just is crazy what's going on there right now

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Travis Wright: with those protests and welding people in their homes. Because

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Travis Wright: we don't want you to give COVID to people like

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Travis Wright: this is crazy what's going on right now. So all

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Travis Wright: eyes are on China right now. At least they should be,

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Travis Wright: because it's kind of a test ground, I think, for

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Travis Wright: the some of the authoritarian crazies to see how far

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Travis Wright: you can push people before they fight back. And you

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Travis Wright: can't be willing people in their homes to say that

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Travis Wright: goes out anyway. But I digress. Yeah.

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Chairman Elijah Bowdre: Well, it's you know, it's it's kind of for me,

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Chairman Elijah Bowdre: it's like a full circle thing, right? To be American

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Chairman Elijah Bowdre: and then, you know, to go to China and, you know,

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Chairman Elijah Bowdre: discover this phenomenon, to really realize. What's happened? What's happening?

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Chairman Elijah Bowdre: And understand that we truly are peering over the precipice

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Chairman Elijah Bowdre: of a paradigm, preparing to pioneer a new path, realizing

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Chairman Elijah Bowdre: that our physical world can only be so dispersed. And

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Chairman Elijah Bowdre: that our digital reality can no longer be denied at last.

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Chairman Elijah Bowdre: These tectonic transition caused by technology's position and the prodigious

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Chairman Elijah Bowdre: potential to transform every tier and class. So I've been

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Chairman Elijah Bowdre: entrusted this vision so that with prudent decisions, we all

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Chairman Elijah Bowdre: could be multiplied by this immutable map. That's why I,

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Chairman Elijah Bowdre: as the chairman of the Miami Dade County Cryptocurrency Task Force,

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Chairman Elijah Bowdre: I solemnly swear to always espouse, to emulate the benevolent

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Chairman Elijah Bowdre: idioms of this beautiful, immutable ledger, to be transparent, to

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Chairman Elijah Bowdre: be distributed. All power to everyone over power to no one.

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Joel Comm: That's poetry right there. That's what. That's what that is. I

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Joel Comm: want to put some music underneath that, you know. Builds

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Joel Comm: and rises.

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Travis Wright: Lots of alliteration and P's and T's.

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Joel Comm: Right. So it was a couple of years ago that

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Joel Comm: Mayor Suarez had declared that he wants Miami to be

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Joel Comm: the crypto capital of the world. Right. Have you met

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Joel Comm: with him?

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Chairman Elijah Bowdre: Oh, yeah. Well, say, Francis. Mayor Suarez, to the party.

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Joel Comm: You can call Francis. That's his name.

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Chairman Elijah Bowdre: A good friend of mine is good friend of mine.

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Chairman Elijah Bowdre: Let's just say as a good friend, we might beat Miami.

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Chairman Elijah Bowdre: Miami is a very dynamic region and place. And, you know,

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Chairman Elijah Bowdre: like any city owes its people, the mentality and the

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Chairman Elijah Bowdre: the instincts of the people are really the basis that

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Chairman Elijah Bowdre: has allowed this to proliferate here. And for Miami as

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Chairman Elijah Bowdre: a municipality to take the lead and be the pioneer

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Chairman Elijah Bowdre: for this. Experiment, I guess you could say. You know,

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Chairman Elijah Bowdre: we're the first to accept crypto for our taxes, and

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Chairman Elijah Bowdre: these were the first to actually pay our employees their

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Chairman Elijah Bowdre: regular salaries and their and their retirement benefits and crypto.

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Chairman Elijah Bowdre: And now the next phases. And we're starting we're going

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Chairman Elijah Bowdre: to launch our crypto year during December 2nd during Basel

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Chairman Elijah Bowdre: because we're having our policy panel, but also the pilot

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Chairman Elijah Bowdre: of a blockchain museum application pilot. So we've got about

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Chairman Elijah Bowdre: 75 businesses that are signed up right now, more than

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Chairman Elijah Bowdre: one we submitting. Every non monetary and they all have

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Chairman Elijah Bowdre: some type of monetary societal, but non does not deal

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Chairman Elijah Bowdre: with strict payments outside of late payments or collecting fees.

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Chairman Elijah Bowdre: Application for municipality. So we've got things like blockchain for store systems,

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Chairman Elijah Bowdre: blockchain for traffic lights system. Crypto IDs. You know, there's

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Chairman Elijah Bowdre: a host of different innovations for the DMV and different

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Chairman Elijah Bowdre: services that they use, blockchain, crypto protocols, energy tickets and

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Chairman Elijah Bowdre: all kind of things that people, they basically have no

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Chairman Elijah Bowdre: point because maybe they want to have a government client

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Chairman Elijah Bowdre: or a municipality to have a huge test case, but

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Chairman Elijah Bowdre: no government. Is using any blockchain or crypto protocol for

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Chairman Elijah Bowdre: protocols at its current moment. Miami will be the first

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Chairman Elijah Bowdre: and in this pilot program will see great proliferation. So

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Chairman Elijah Bowdre: we know that happening.

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Joel Comm: Is that happening now, Elijah or are people able to

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Joel Comm: receive paychecks? Choose to receive Bitcoin instead of dirty fiat?

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Chairman Elijah Bowdre: Yeah, they can choose. Exactly. So that's what I mean.

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Chairman Elijah Bowdre: No one has elected to stick to 100% of their

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Chairman Elijah Bowdre: checking crypto or anything like that. And nobody has. You

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Chairman Elijah Bowdre: know what? The people participating in it are people, you know,

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Chairman Elijah Bowdre: It's not, you know, it hasn't been wide scale adopted, like there's not

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Chairman Elijah Bowdre: 10,000 employees that are using it. Right.

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Joel Comm: But. Right. But if I'm an employee, I can say

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Joel Comm: I want I want $200 in my weekly paycheck in

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Joel Comm: Bitcoin .

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Chairman Elijah Bowdre: Or in crypto. Yes, in Bitcoin it is. There's a couple of different

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Chairman Elijah Bowdre: options you actually like Litecoin or Ethereum and couple of other ones to o.

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Chairman Elijah Bowdre: I just wanted to add to this.

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Travis Wright: Oh, so even the fact that crypto goes up and

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Travis Wright: crypto goes down like that would be one of my

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Travis Wright: questions for accepting crypto. Right? So, so, so I'll go

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Travis Wright: back to Trevor Lawrence, who's the quarterback for the Jags.

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Travis Wright: He took his it took his signing bonus, Joel. I mean,

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Travis Wright: it was a $54 million signing bonus in Bitcoin, I think was

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Travis Wright: 34 when Bitcoin was like $50,000. And so now is $20.

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Travis Wright: You got 24 million in the signing bonus and now

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Travis Wright: it's worth about 8 million because crypto has gone down.

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Travis Wright: So how does that impact you guys or how do

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Travis Wright: you sell that to the team when you're like, okay,

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Travis Wright: crypto goes up , crypto goes down, we're going to take

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Travis Wright: taxes in this. But what if, you know, like Solana. I

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Travis Wright: just I don't know. You guys are accepting that or whatever.

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Travis Wright: It was a big coin at one time, now it is not worth shit,

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Travis Wright: but it's like, Oh, we accepted Solana and now it's

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Travis Wright: not worth much. Now what happens in those scenarios? Elijah

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Travis Wright: When crypto goes down and you guys are taking out

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Travis Wright: of munis.

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Chairman Elijah Bowdre: Well, that's a great question. And so the number one

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Chairman Elijah Bowdre: thing for us is, is that the government has, you know,

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Chairman Elijah Bowdre: basic charge to protect the public trust. So it's it's

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Chairman Elijah Bowdre: first protection and then incremental gain and so on. It's not into

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Chairman Elijah Bowdre: investments that are funny gambling that could possibly lose in hurt

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Chairman Elijah Bowdre: the the public. So if we collect $5 million, it

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Chairman Elijah Bowdre: needs to be $5 million. Not you know, it doesn't we

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Chairman Elijah Bowdre: the government's not really interested. If it's $6 million, we

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Chairman Elijah Bowdre: play five. We know we got six bonus million. Okay,

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Chairman Elijah Bowdre: that's fine. But if it's supposed to be five and it's four, four, four, four, nine,

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Chairman Elijah Bowdre: if it's one half, if it's a million up, great. Fine.

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Chairman Elijah Bowdre: It's fine If it's $1 off. All hell breaks loose. So.

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Chairman Elijah Bowdre: So not.

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Travis Wright: Fine. Not fine.

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Chairman Elijah Bowdre: Right, Exactly. $1 yet. So that's the government. Tell it.

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Chairman Elijah Bowdre: And basically what it is, is that risk is like

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Chairman Elijah Bowdre: a credit card merchant processor. Right? That risk is purchased

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Chairman Elijah Bowdre: by third party vendors who will take on that risk

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Chairman Elijah Bowdre: for a fee. But that fee is less than 1%

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Chairman Elijah Bowdre: where some credit cards can charge 2%, 3%. All worker

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Chairman Elijah Bowdre: bill vendors charge under 1% for the fee. But that's

393
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Chairman Elijah Bowdre: the fee that they that they that's their. Their benefit

394
00:23:53,109 --> 00:23:56,709
Chairman Elijah Bowdre: for buying the risk of the volatility of any of

395
00:23:56,710 --> 00:24:03,040
Chairman Elijah Bowdre: the particular coins. So there is no government watching person

396
00:24:03,160 --> 00:24:07,680
Chairman Elijah Bowdre: like employee like, Hey, I'm the blockchain processor for the county. Right.

397
00:24:07,730 --> 00:24:11,770
Chairman Elijah Bowdre: There's third parties to right, It's 1 to 1, whatever.

398
00:24:11,770 --> 00:24:15,100
Chairman Elijah Bowdre: They collect their own as a rule, as an option

399
00:24:15,400 --> 00:24:20,650
Chairman Elijah Bowdre: to increase the the the options for people to pay.

400
00:24:21,220 --> 00:24:23,800
Travis Wright: But let me ask you this in another way then.

401
00:24:24,040 --> 00:24:27,970
Travis Wright: So if somebody is paying with crypto for taxes in

402
00:24:28,090 --> 00:24:32,560
Travis Wright: Miami-Dade County, does that essentially are they swapping that crypto

403
00:24:32,560 --> 00:24:35,590
Travis Wright: to cash immediately? So you guys have this those stablecoins

404
00:24:35,980 --> 00:24:39,520
Travis Wright: or is it because the volatility seems like it could

405
00:24:39,520 --> 00:24:40,270
Travis Wright: create a problem?

406
00:24:41,700 --> 00:24:45,090
Chairman Elijah Bowdre: No. Yeah. Oh, So. I'm getting dropped off when I

407
00:24:45,090 --> 00:24:49,650
Chairman Elijah Bowdre: was making an explanation. What you saying is exactly That

408
00:24:49,650 --> 00:24:52,560
Chairman Elijah Bowdre: dilemma is the biggest dilemma of why task Force was informed.

409
00:24:53,160 --> 00:24:55,710
Chairman Elijah Bowdre: And so the short answer is there's a third party

410
00:24:55,710 --> 00:25:02,430
Chairman Elijah Bowdre: who purchases that risk and their compensation with a nominal fee,

411
00:25:02,920 --> 00:25:05,520
Chairman Elijah Bowdre: they're able to charge on those payments, but it's 1

412
00:25:05,520 --> 00:25:08,280
Chairman Elijah Bowdre: to 1 to the county. So if somebody owes a hundred thousand,

413
00:25:08,790 --> 00:25:12,660
Chairman Elijah Bowdre: the county receives $100,000 no matter if that value went up to a million,

414
00:25:12,660 --> 00:25:16,080
Chairman Elijah Bowdre: you know, the price strike for the county only was supposed to get $100,000 but now it is $1 million.

415
00:25:16,090 --> 00:25:17,710
Chairman Elijah Bowdre: Me then, I mean, that's fine.

416
00:25:17,760 --> 00:25:20,280
Travis Wright: A third party risk provider is the one that's going

417
00:25:20,280 --> 00:25:22,710
Travis Wright: to get that upside because they're the ones taking the risk.

418
00:25:23,130 --> 00:25:25,520
Travis Wright: County just wants $1,000,000. They don't care if it's a

419
00:25:25,520 --> 00:25:29,340
Travis Wright: million to my 900,000. They need they need $1,000,000. And

420
00:25:29,340 --> 00:25:31,679
Travis Wright: so give those other guys a chance to run. That

421
00:25:31,680 --> 00:25:32,100
Travis Wright: makes sense.

422
00:25:33,960 --> 00:25:36,920
Chairman Elijah Bowdre: So that's what it was. It's, you know, just you know,

423
00:25:36,930 --> 00:25:40,050
Chairman Elijah Bowdre: because I got a lot of crypto bros and I'm like, hey, listen,

424
00:25:40,850 --> 00:25:43,490
Chairman Elijah Bowdre: I'm right in it with you, you know, I've been in since I my

425
00:25:43,619 --> 00:25:46,620
Chairman Elijah Bowdre: I've been in it since 89 cents.

426
00:25:47,640 --> 00:25:47,820
Travis Wright: Yeah.

427
00:25:48,990 --> 00:25:52,380
Joel Comm: That's the beginning of time. And, you know, that's about

428
00:25:52,380 --> 00:25:55,950
Joel Comm: as early is as you can get there. So you guys,

429
00:25:55,950 --> 00:26:00,330
Joel Comm: the Miami-Dade County Cryptocurrency Task Force, your goal is you

430
00:26:00,330 --> 00:26:04,859
Joel Comm: know to to get so that municipalities and corporate entities

431
00:26:05,070 --> 00:26:10,140
Joel Comm: will use crypto for taxes and for employee paychecks. And

432
00:26:10,260 --> 00:26:12,770
Joel Comm: you believe that this can be a hyperbolic event that

433
00:26:12,780 --> 00:26:17,189
Joel Comm: then goes, you know, you know, across our country to

434
00:26:17,190 --> 00:26:20,250
Joel Comm: begin with, How does that happen? Or other, you know,

435
00:26:20,250 --> 00:26:23,640
Joel Comm: people from various cities, leadership from other cities already meeting

436
00:26:23,640 --> 00:26:26,490
Joel Comm: with you, Are they looking at your model? Explain to

437
00:26:26,490 --> 00:26:30,390
Joel Comm: me how this rolls out and where you see it

438
00:26:30,390 --> 00:26:31,950
Joel Comm: rolling out first.

439
00:26:33,650 --> 00:26:37,550
Chairman Elijah Bowdre: Yes. So what is the back up? The short answer

440
00:26:37,550 --> 00:26:41,780
Chairman Elijah Bowdre: is yes. There is a I've been very blessed that

441
00:26:42,890 --> 00:26:47,369
Chairman Elijah Bowdre: for a number of reasons, but particularly because, you know,

442
00:26:47,480 --> 00:26:52,010
Chairman Elijah Bowdre: I've been in the blockchain space for a while and

443
00:26:52,010 --> 00:26:54,560
Chairman Elijah Bowdre: I actually know my partner and I, we actually use it.

444
00:26:54,560 --> 00:26:56,960
Chairman Elijah Bowdre: We're we're we're real blockchainers. You are what we've created.

445
00:26:56,960 --> 00:27:02,119
Chairman Elijah Bowdre: We have our own company. We service clients in Singapore

446
00:27:02,119 --> 00:27:05,960
Chairman Elijah Bowdre: and China and Hong Kong. And prior to coming back

447
00:27:05,960 --> 00:27:10,159
Chairman Elijah Bowdre: to America and then beginning this political, you know, foray

448
00:27:10,160 --> 00:27:13,580
Chairman Elijah Bowdre: and and then bringing blockchain into the political sphere and,

449
00:27:13,970 --> 00:27:16,780
Chairman Elijah Bowdre: you know, and then now everybody's watching Miami is, is

450
00:27:16,790 --> 00:27:20,840
Chairman Elijah Bowdre: these things have kind of build up. But one of

451
00:27:20,840 --> 00:27:24,590
Chairman Elijah Bowdre: the first things we're not first Miami is the premier.

452
00:27:24,980 --> 00:27:28,370
Chairman Elijah Bowdre: So definitely the pioneer goes to our good friends in

453
00:27:28,790 --> 00:27:33,770
Chairman Elijah Bowdre: Wyoming; Cheyenne specifically, we have a huge connection with our friends

454
00:27:33,770 --> 00:27:39,140
Chairman Elijah Bowdre: in Wyoming and Cheyenne. She was just great for all

455
00:27:39,140 --> 00:27:41,990
Chairman Elijah Bowdre: the legislative and all the other blockchain buddies that out

456
00:27:41,990 --> 00:27:50,300
Chairman Elijah Bowdre: there in 2017. Wyoming was led by Caitlin Long and Senator

457
00:27:50,570 --> 00:28:00,590
Chairman Elijah Bowdre: Wolf is Senator representative from Marion, or also our Matt Huffman,

458
00:28:00,740 --> 00:28:06,440
Chairman Elijah Bowdre: who's the lead attorney for a lot of the representative ocean.

459
00:28:06,740 --> 00:28:09,919
Chairman Elijah Bowdre: And I had actually can't remember all the names; there are a lot of names.

460
00:28:10,670 --> 00:28:13,850
Chairman Elijah Bowdre: And we go out to Wyoming and visit our friends.

461
00:28:14,510 --> 00:28:20,680
Chairman Elijah Bowdre: But 2017, they are the pioneers of blockchain legislation or

462
00:28:20,690 --> 00:28:24,530
Chairman Elijah Bowdre: actually getting laws on the books for crypto. They passed.

463
00:28:24,530 --> 00:28:31,670
Chairman Elijah Bowdre: They Caitlyn was a University of Wyoming alum and a

464
00:28:31,700 --> 00:28:37,040
Chairman Elijah Bowdre: renowned Wall Street banker. She got into crypto early and wanted to come back

465
00:28:37,040 --> 00:28:40,250
Chairman Elijah Bowdre: and make a donation to the University of Wyoming in crypto.

466
00:28:40,430 --> 00:28:43,820
Chairman Elijah Bowdre: And the university was like, Well, can you just give

467
00:28:43,820 --> 00:28:47,060
Chairman Elijah Bowdre: a check or give cash? We can't take this. And she's like, Well,

468
00:28:47,450 --> 00:28:50,270
Chairman Elijah Bowdre: the whole reason I'm giving it know is that defeat,

469
00:28:50,270 --> 00:28:53,120
Chairman Elijah Bowdre: the whole purpose converts the fiat. That's kind of like

470
00:28:53,690 --> 00:29:03,570
Chairman Elijah Bowdre: what I'm about. Um, they, they, they. That triggered them

471
00:29:03,570 --> 00:29:07,620
Chairman Elijah Bowdre: getting guidance from the state on how to custody this

472
00:29:07,830 --> 00:29:12,630
Chairman Elijah Bowdre: digital asset. And that actually was the impetus to start

473
00:29:12,630 --> 00:29:16,050
Chairman Elijah Bowdre: the sandbox. And they got 25 pieces of legislation passed

474
00:29:18,420 --> 00:29:25,380
Chairman Elijah Bowdre: surrounding different the existence and the peripheral elements of the

475
00:29:25,380 --> 00:29:30,840
Chairman Elijah Bowdre: blockchain within the government banking system, things like that. And

476
00:29:30,840 --> 00:29:34,530
Chairman Elijah Bowdre: just recently they had another pack of laws that went

477
00:29:34,530 --> 00:29:39,480
Chairman Elijah Bowdre: through for blockchain and make history with the the special deposit,

478
00:29:39,780 --> 00:29:43,850
Chairman Elijah Bowdre: the special purpose deposit institution or speedy bank and the

479
00:29:44,330 --> 00:29:51,000
Chairman Elijah Bowdre: the the public. To the public DAO where you can actually

480
00:29:51,000 --> 00:29:56,570
Chairman Elijah Bowdre: make a DAO as an LLC, which has a, you know,

481
00:29:56,580 --> 00:29:58,740
Chairman Elijah Bowdre: amazing case for all kinds of things. I mean, obviously

482
00:29:58,740 --> 00:30:02,160
Chairman Elijah Bowdre: so early for for the industry, for those things that

483
00:30:02,310 --> 00:30:05,130
Chairman Elijah Bowdre: are there and we will look back look on those

484
00:30:05,160 --> 00:30:10,070
Chairman Elijah Bowdre: as this proliferates as an instructional model for this new area.

485
00:30:10,500 --> 00:30:12,810
Chairman Elijah Bowdre: Oh I took a trip with it when I first

486
00:30:12,810 --> 00:30:16,969
Chairman Elijah Bowdre: became chair in September to Wyoming, and we was like

487
00:30:16,980 --> 00:30:19,590
Chairman Elijah Bowdre: 13 of the representatives. And then we started something called

488
00:30:19,590 --> 00:30:24,360
Chairman Elijah Bowdre: the US Crypto Policy Alliance, and that is that alliance

489
00:30:24,360 --> 00:30:30,810
Chairman Elijah Bowdre: between giant Cheyenne, Wyoming, Miami and Cheyenne. But then also

490
00:30:30,810 --> 00:30:36,330
Chairman Elijah Bowdre: 28 other Blockchain's state level blockchain associations. And basically our

491
00:30:36,330 --> 00:30:38,990
Chairman Elijah Bowdre: plan was kind of simple to support each other legislatively

492
00:30:39,630 --> 00:30:44,250
Chairman Elijah Bowdre: through the proliferation of legislation, but also really to copy

493
00:30:44,910 --> 00:30:49,500
Chairman Elijah Bowdre: mass bill for the digital form, for virtual assets, digital currencies,

494
00:30:49,590 --> 00:30:53,010
Chairman Elijah Bowdre: the existence of blockchain and the stuff you edited for

495
00:30:53,010 --> 00:30:57,330
Chairman Elijah Bowdre: whatever your regional parish county. However it applies to locally.

496
00:30:57,840 --> 00:31:00,950
Chairman Elijah Bowdre: But get it submitted. And last year we had 11

497
00:31:00,960 --> 00:31:04,320
Chairman Elijah Bowdre: that I submit it mines that we went through and

498
00:31:05,460 --> 00:31:07,500
Chairman Elijah Bowdre: those efforts are still going on. We've had the policy

499
00:31:07,500 --> 00:31:10,590
Chairman Elijah Bowdre: panel in New York for the U.S. Policy Alliance with

500
00:31:11,100 --> 00:31:15,630
Chairman Elijah Bowdre: the city. So we're advising city of New York and

501
00:31:15,750 --> 00:31:19,950
Chairman Elijah Bowdre: Mayor Adams in his blockchain municipal integration. Jack Dorsey and

502
00:31:19,950 --> 00:31:23,160
Chairman Elijah Bowdre: Jay-Z have a Bitcoin academy there. We're also a manager

503
00:31:23,170 --> 00:31:29,010
Chairman Elijah Bowdre: for them, also for representative client. Now, who started the

504
00:31:29,010 --> 00:31:32,640
Chairman Elijah Bowdre: technology Committee for the State Assembly of New York. So

505
00:31:32,640 --> 00:31:35,670
Chairman Elijah Bowdre: it is all cryptocurrency bill that has this going over now.

506
00:31:36,000 --> 00:31:41,640
Chairman Elijah Bowdre: We're advising and consulting with them as well, including Washington, D.C.,

507
00:31:41,910 --> 00:31:43,770
Chairman Elijah Bowdre: Philadelphia and Atlanta.

508
00:31:45,060 --> 00:31:49,320
Travis Wright: So is you're consulting with a lot with a lot

509
00:31:49,320 --> 00:31:51,090
Travis Wright: of awesome people. So I want to get another question

510
00:31:51,090 --> 00:31:52,860
Travis Wright: because I know we're running out of time here. You

511
00:31:52,860 --> 00:31:54,780
Travis Wright: got a lot of words. Want I'm trying to figure

512
00:31:54,780 --> 00:31:56,010
Travis Wright: out what I want to get. I got I got

513
00:31:56,100 --> 00:31:58,170
Travis Wright: a question. So is that you consulting with a lot

514
00:31:58,170 --> 00:32:02,130
Travis Wright: of these municipalities? And as you can tell, because from

515
00:32:02,130 --> 00:32:04,620
Travis Wright: what you just described about Wyoming, is most of these

516
00:32:04,620 --> 00:32:07,080
Travis Wright: people don't really know shit about what they're trying to

517
00:32:07,080 --> 00:32:09,660
Travis Wright: figure out. Digital assets they don't know. They don't know

518
00:32:10,020 --> 00:32:12,030
Travis Wright: what it is and how it works. And here they

519
00:32:12,030 --> 00:32:16,590
Travis Wright: are now trying to create a central bank, digital currency, right?

520
00:32:16,920 --> 00:32:20,490
Travis Wright: So you have these stablecoins, which I think they are like,

521
00:32:20,490 --> 00:32:22,200
Travis Wright: Oh man, it sure would be nice if we had

522
00:32:22,200 --> 00:32:25,730
Travis Wright: an official stablecoin or the U.S. dollar. Let's make it right,

523
00:32:25,740 --> 00:32:28,970
Travis Wright: which in my mind is very bad. So putting your consulting,

524
00:32:29,370 --> 00:32:31,380
Travis Wright: when somebody is coming at you and they say, Hey,

525
00:32:31,380 --> 00:32:35,520
Travis Wright: we should create our own, you know, Miami based central

526
00:32:35,520 --> 00:32:39,030
Travis Wright: bank digital currency, or we should create the Washington DC

527
00:32:39,030 --> 00:32:42,230
Travis Wright: Fed coin. Like what do you how do you reply

528
00:32:42,240 --> 00:32:43,230
Travis Wright: or you retort that.

529
00:32:46,820 --> 00:32:50,450
Chairman Elijah Bowdre: Well, I have no retort or reply. I so for

530
00:32:50,450 --> 00:32:55,220
Chairman Elijah Bowdre: my position, it's the proliferation of blockchain in general, and

531
00:32:55,220 --> 00:32:57,470
Chairman Elijah Bowdre: that's kind of it keeps the symbol for us and

532
00:32:57,470 --> 00:33:00,890
Chairman Elijah Bowdre: keeps it, say, for myself. My thing is that whether

533
00:33:00,890 --> 00:33:04,340
Chairman Elijah Bowdre: you are a proponent of crypto and blockchain or you're

534
00:33:04,340 --> 00:33:08,090
Chairman Elijah Bowdre: against it or you have some, you know, what have

535
00:33:08,090 --> 00:33:11,990
Chairman Elijah Bowdre: you feel on it. We need to have a a

536
00:33:12,160 --> 00:33:17,350
Chairman Elijah Bowdre: body group, a task force, a commission to to facilitate,

537
00:33:17,470 --> 00:33:20,430
Chairman Elijah Bowdre: to be able to properly. And it should be of

538
00:33:20,440 --> 00:33:24,100
Chairman Elijah Bowdre: initial sort of experts that people were actually understand what

539
00:33:24,100 --> 00:33:28,150
Chairman Elijah Bowdre: it is and the implications of it. And so that

540
00:33:28,480 --> 00:33:31,420
Chairman Elijah Bowdre: this is not missed so that the. So that the

541
00:33:31,420 --> 00:33:36,460
Chairman Elijah Bowdre: facilitation amputation is not mishandled. Right. And because that is

542
00:33:36,460 --> 00:33:39,880
Chairman Elijah Bowdre: actually something you mentioned earlier. And one of the tools that.

543
00:33:42,540 --> 00:33:51,460
Chairman Elijah Bowdre: We understand. Very. Very directly that the same amazing technology.

544
00:33:52,720 --> 00:33:58,680
Chairman Elijah Bowdre: That to save us all. Can enslave us all by immutably.

545
00:33:59,830 --> 00:34:00,850
Chairman Elijah Bowdre: It was not handled properly.

546
00:34:01,630 --> 00:34:05,850
Joel Comm: And that's scary. And let some you know, let's wrap

547
00:34:05,860 --> 00:34:08,530
Joel Comm: with this then, because I want to look to the future.

548
00:34:10,390 --> 00:34:13,060
Joel Comm: There is a lot of talk right now about central

549
00:34:13,060 --> 00:34:17,860
Joel Comm: bank digital currencies, which to me is synonymous with enslavement.

550
00:34:18,370 --> 00:34:21,550
Joel Comm: What do you think the governments of the world are

551
00:34:21,550 --> 00:34:27,940
Joel Comm: going to do concerning their current state of fiat and

552
00:34:27,940 --> 00:34:32,020
Joel Comm: converting that to digital? And where does how does Bitcoin,

553
00:34:32,230 --> 00:34:37,420
Joel Comm: you know, get away from the heavy hand of totalitarianism

554
00:34:37,450 --> 00:34:41,620
Joel Comm: because it wants to be free? Where are we going?

555
00:34:43,280 --> 00:34:45,950
Chairman Elijah Bowdre: Well, here's the thing that I another call and I

556
00:34:45,950 --> 00:34:50,989
Chairman Elijah Bowdre: always say to our people in our organizations that technology

557
00:34:51,440 --> 00:34:59,980
Chairman Elijah Bowdre: always changes. Humans never change. Ever. So with those two understandings,

558
00:35:00,100 --> 00:35:04,570
Chairman Elijah Bowdre: those universal truths, that is the basis in which we

559
00:35:04,570 --> 00:35:06,969
Chairman Elijah Bowdre: we we can we can project out into the future

560
00:35:07,480 --> 00:35:16,480
Chairman Elijah Bowdre: and so on. But this technology specifically. Is the closest Bitcoin,

561
00:35:16,480 --> 00:35:21,400
Chairman Elijah Bowdre: specifically the closest thing that we have created. Humans like nature,

562
00:35:21,550 --> 00:35:24,440
Chairman Elijah Bowdre: but creating something that's like nature, something that you create

563
00:35:24,460 --> 00:35:26,350
Chairman Elijah Bowdre: and you put it out and it lives. It exists.

564
00:35:28,719 --> 00:35:32,410
Chairman Elijah Bowdre: In the world. It exists on its own. And but

565
00:35:32,800 --> 00:35:35,590
Chairman Elijah Bowdre: we think about it that way. You understand why it's

566
00:35:35,590 --> 00:35:40,900
Chairman Elijah Bowdre: so beautiful? Because it is a technology that represents people.

567
00:35:42,370 --> 00:35:47,410
Chairman Elijah Bowdre: People are the biggest threat to the world, but the

568
00:35:47,410 --> 00:35:50,860
Chairman Elijah Bowdre: most the most precious asset. The only thing that matters.

569
00:35:51,350 --> 00:35:56,190
Chairman Elijah Bowdre: You know. In reality. Or because we are people, or

570
00:35:56,810 --> 00:35:58,650
Chairman Elijah Bowdre: if we were some other beings or something like that.

571
00:35:58,830 --> 00:36:01,560
Chairman Elijah Bowdre: But we're here. People are only going to matter. I don't.

572
00:36:01,560 --> 00:36:03,930
Travis Wright: Know. Joe's a little alien ish. I'm a little concerned

573
00:36:03,930 --> 00:36:09,430
Travis Wright: about John. Well. Yeah. Yeah.

574
00:36:10,340 --> 00:36:12,899
Joel Comm: You said that. And you just mentioned him right off

575
00:36:12,900 --> 00:36:16,859
Joel Comm: the recording. He. He was. You were exposing me, and

576
00:36:16,860 --> 00:36:18,720
Joel Comm: he was going to come and say, Well, we actually

577
00:36:18,719 --> 00:36:20,430
Joel Comm: have been having this.

578
00:36:20,430 --> 00:36:21,450
Travis Wright: You're like an angel.

579
00:36:21,719 --> 00:36:27,029
Joel Comm: He's got these gills. He's Elizabethan. And. And now the

580
00:36:27,030 --> 00:36:29,550
Joel Comm: truth is out there, So everybody's going to be writing

581
00:36:29,550 --> 00:36:30,830
Joel Comm: me and saying, Yeah, Jules.

582
00:36:31,020 --> 00:36:33,920
Travis Wright: Why don't just cut him off? I said I was prescient.

583
00:36:33,930 --> 00:36:35,910
Travis Wright: I could see that was coming. And I was like,

584
00:36:35,910 --> 00:36:36,390
Travis Wright: Hold on.

585
00:36:37,260 --> 00:36:41,280
Joel Comm: Okay. The truth is, I'm not really an alien there, Mr. Chairman.

586
00:36:41,440 --> 00:36:42,900
Joel Comm: All right. Thanks, ma'am.

587
00:36:43,350 --> 00:36:45,210
Travis Wright: That was funny, though. That was great timing.

588
00:36:46,260 --> 00:36:50,610
Joel Comm: For those who aren't watching your listening. Right. As Travis said,

589
00:36:50,610 --> 00:36:53,710
Joel Comm: that the chairman got kicked off the stream, but he's back.

590
00:36:53,730 --> 00:36:54,420
Joel Comm: Welcome back, sir.

591
00:36:55,860 --> 00:36:58,500
Chairman Elijah Bowdre: Well, not to be long, and I definitely understand you

592
00:36:58,500 --> 00:37:03,240
Chairman Elijah Bowdre: guys get limited time. Like I said, blockchain in my life,

593
00:37:03,719 --> 00:37:05,660
Chairman Elijah Bowdre: the crypto is my life. And people say, oh, why

594
00:37:05,670 --> 00:37:07,469
Chairman Elijah Bowdre: is it? It's not just how rich has made me

595
00:37:07,710 --> 00:37:14,540
Chairman Elijah Bowdre: or my partners rich in love. It's very. But. Because.

596
00:37:16,010 --> 00:37:19,450
Chairman Elijah Bowdre: We never had a chance like this. Humanity has never

597
00:37:19,450 --> 00:37:22,810
Chairman Elijah Bowdre: had a chance like this. I'm. I am a fanatic

598
00:37:22,810 --> 00:37:28,750
Chairman Elijah Bowdre: about anthropology and human history. You know, ancient warfare, nation states,

599
00:37:28,930 --> 00:37:32,680
Chairman Elijah Bowdre: the creation of space technology, its effects on human beings,

600
00:37:32,680 --> 00:37:35,860
Chairman Elijah Bowdre: the moving, the coming and going. Before I took my

601
00:37:35,860 --> 00:37:38,710
Chairman Elijah Bowdre: first internship with Jp morgan, I read the House of Moore,

602
00:37:38,710 --> 00:37:41,919
Chairman Elijah Bowdre: you know, and the story of the Morgan family and

603
00:37:41,920 --> 00:37:49,200
Chairman Elijah Bowdre: Janice Pierpoint and going on to Baby and his. Being

604
00:37:49,200 --> 00:37:52,830
Chairman Elijah Bowdre: in the crux of the movement of technology in when

605
00:37:52,830 --> 00:37:57,270
Chairman Elijah Bowdre: one power taking place and another power being deprived, finding

606
00:37:57,270 --> 00:38:00,990
Chairman Elijah Bowdre: those dislocations and seeing those technologies that change the entire

607
00:38:00,989 --> 00:38:04,110
Chairman Elijah Bowdre: flow of human existence. Experience make you think back to

608
00:38:04,110 --> 00:38:13,750
Chairman Elijah Bowdre: the Gutenberg printing press and technology that. Cracked. The. Absolute

609
00:38:13,750 --> 00:38:17,830
Chairman Elijah Bowdre: power that the clergy had over the church had over

610
00:38:18,190 --> 00:38:22,380
Chairman Elijah Bowdre: the state's life. And you think about the. Steam engine,

611
00:38:23,190 --> 00:38:30,920
Chairman Elijah Bowdre: the predecessor to the industrial. It cracked. The absolute rule,

612
00:38:31,070 --> 00:38:33,980
Chairman Elijah Bowdre: the monarchy. Had over the state's.

613
00:38:35,050 --> 00:38:37,960
Travis Wright: For you. You're right. We literally were like fighting the

614
00:38:37,960 --> 00:38:43,120
Travis Wright: king and the church. Further money was controlled by the king,

615
00:38:43,120 --> 00:38:45,010
Travis Wright: was controlled by the church and now is controlled by

616
00:38:45,010 --> 00:38:47,770
Travis Wright: the global bankers. Some people don't want to believe that,

617
00:38:47,770 --> 00:38:49,989
Travis Wright: but that's the way that it runs down. So you're

618
00:38:49,989 --> 00:38:54,279
Travis Wright: saying that Bitcoin has maybe the chance to help to

619
00:38:54,280 --> 00:38:55,570
Travis Wright: help us get through that?

620
00:38:58,920 --> 00:39:02,100
Chairman Elijah Bowdre: I don't want to say it. Yes. Yeah. That's what

621
00:39:02,730 --> 00:39:04,880
Chairman Elijah Bowdre: I'm inside it. Every morning I wake up because it's not.

622
00:39:05,070 --> 00:39:06,750
Chairman Elijah Bowdre: It's not about the money. It's not about the money.

623
00:39:06,750 --> 00:39:10,410
Chairman Elijah Bowdre: It's about understanding where we are in history, seeing forcefully

624
00:39:10,770 --> 00:39:12,810
Chairman Elijah Bowdre: for spending. That is the paradigm shift.

625
00:39:13,590 --> 00:39:17,070
Travis Wright: And it really has been. We are we're on an edge.

626
00:39:17,070 --> 00:39:19,020
Travis Wright: It's either going to teeter one way or the other,

627
00:39:19,020 --> 00:39:21,450
Travis Wright: and it's I hopefully Adidas for humanity, if not, is

628
00:39:21,450 --> 00:39:23,940
Travis Wright: going to attitude towards authoritarianism and they're going to put

629
00:39:23,940 --> 00:39:27,299
Travis Wright: that technology clamp down. And let's let's hope that we're

630
00:39:27,300 --> 00:39:29,969
Travis Wright: able as a society to rise above that. I think

631
00:39:29,969 --> 00:39:30,630
Travis Wright: that's well.

632
00:39:30,660 --> 00:39:33,509
Joel Comm: You know, what we're seeing in China and other countries

633
00:39:33,510 --> 00:39:36,360
Joel Comm: is certainly a good indicator. If, you know, Americans would

634
00:39:36,360 --> 00:39:39,060
Joel Comm: have the colonies to to stand up and say no, because,

635
00:39:39,060 --> 00:39:41,880
Joel Comm: you know, they're going to bring their shenanigans again, you know,

636
00:39:42,150 --> 00:39:45,779
Joel Comm: then it's coming. They used COVID once to lord over

637
00:39:45,780 --> 00:39:51,480
Joel Comm: us an unelected person. Dr. Fauci basically came in and said,

638
00:39:51,480 --> 00:39:55,170
Joel Comm: here's what we're going to do, unelected, little, little tight,

639
00:39:55,770 --> 00:39:58,979
Joel Comm: and we can't let that happen again next time. If

640
00:39:58,980 --> 00:40:01,910
Joel Comm: they try to do that again, you do not comply.

641
00:40:01,920 --> 00:40:03,450
Joel Comm: The answer is no.

642
00:40:04,050 --> 00:40:05,460
Travis Wright: Well, let me ask this, Joel. Let me let me

643
00:40:05,460 --> 00:40:08,060
Travis Wright: ask the chairman about this, because Miami that Miami Dade

644
00:40:08,070 --> 00:40:12,870
Travis Wright: County has historically had some voting issues in the past. Right.

645
00:40:12,870 --> 00:40:17,040
Travis Wright: So how long until we're seeing Florida and voting? Right.

646
00:40:17,190 --> 00:40:20,430
Travis Wright: The hanging chads, the Miami Dade County is it's crazy

647
00:40:20,430 --> 00:40:22,799
Travis Wright: stuff that's going down there. Mean, how do we avoid that?

648
00:40:23,040 --> 00:40:24,990
Travis Wright: How do we use blockchain? Is that something that's on

649
00:40:24,989 --> 00:40:30,150
Travis Wright: your guys radar so far?

650
00:40:30,280 --> 00:40:33,540
Chairman Elijah Bowdre: Yeah, it's in quite by itself. So, so so.

651
00:40:33,900 --> 00:40:37,020
Travis Wright: Well, I'm saying the quiet parts of land, that's what

652
00:40:37,020 --> 00:40:38,550
Travis Wright: we do here. You know.

653
00:40:38,550 --> 00:40:40,620
Joel Comm: What? I think you need to add that as a

654
00:40:40,620 --> 00:40:44,440
Joel Comm: tagline with that crypto still in the quiet parts. Well,

655
00:40:44,820 --> 00:40:48,500
Joel Comm: I like that producer Lisa put that in future show notes.

656
00:40:48,540 --> 00:40:49,200
Joel Comm: There you go.

657
00:40:49,710 --> 00:40:50,310
Travis Wright: Well, that's good.

658
00:40:50,700 --> 00:40:55,320
Chairman Elijah Bowdre: Yeah. You know, me personally. Yeah. I'm a person that,

659
00:40:55,320 --> 00:40:57,150
Chairman Elijah Bowdre: you know, I'm kind of different. I feel like the

660
00:40:57,150 --> 00:40:59,880
Chairman Elijah Bowdre: more equitable and open things are, the more efficient it

661
00:40:59,880 --> 00:41:03,359
Chairman Elijah Bowdre: would be better for everybody. You can see how you get,

662
00:41:03,810 --> 00:41:05,460
Chairman Elijah Bowdre: you know, you should really be on merit. You know

663
00:41:05,460 --> 00:41:07,860
Chairman Elijah Bowdre: what I mean? Is that, like, how good, how smart

664
00:41:08,370 --> 00:41:11,160
Chairman Elijah Bowdre: people are, you know? And I mean, you know, if

665
00:41:11,400 --> 00:41:15,360
Chairman Elijah Bowdre: you work with government or if you your human lives

666
00:41:15,360 --> 00:41:18,510
Chairman Elijah Bowdre: under government, you have your opinions from the experiences of

667
00:41:18,510 --> 00:41:22,009
Chairman Elijah Bowdre: the effectiveness of government, you know, and just kind of

668
00:41:22,290 --> 00:41:26,400
Chairman Elijah Bowdre: how it shakes out. But also, like you said, you know, people, humans,

669
00:41:26,550 --> 00:41:31,259
Chairman Elijah Bowdre: and you understand that intrinsically, if it's bad for someone else,

670
00:41:31,770 --> 00:41:34,440
Chairman Elijah Bowdre: it's good for someone else, you know? And so you

671
00:41:34,440 --> 00:41:37,350
Chairman Elijah Bowdre: look to the government or you look at things, you

672
00:41:37,350 --> 00:41:43,350
Chairman Elijah Bowdre: see these things are bad, bad, bad. We have to say, Yeah, right.

673
00:41:43,350 --> 00:41:46,230
Chairman Elijah Bowdre: So if you want to come in and say, Hey, hi,

674
00:41:46,500 --> 00:41:48,660
Chairman Elijah Bowdre: we're going to put this, this, this thing in here,

675
00:41:48,660 --> 00:41:50,670
Chairman Elijah Bowdre: it's going to clear up and there's going to be

676
00:41:50,670 --> 00:41:54,930
Chairman Elijah Bowdre: no more stuff. You're stealing no more, and then you

677
00:41:54,930 --> 00:41:57,030
Chairman Elijah Bowdre: expect the people will up it is that. Oh, yes,

678
00:41:57,120 --> 00:42:01,350
Chairman Elijah Bowdre: we want this. Put this new thing that can make

679
00:42:01,350 --> 00:42:04,740
Chairman Elijah Bowdre: everything equal everybody. Right. Do you think that make it.

680
00:42:04,739 --> 00:42:09,560
Travis Wright: Equal for everybody else? Not for me. I do for there. Yeah.

681
00:42:09,780 --> 00:42:14,779
Chairman Elijah Bowdre: Like to bring that here. Whoa. Table is Vegas or

682
00:42:14,850 --> 00:42:15,210
Chairman Elijah Bowdre: what's going on.

683
00:42:15,210 --> 00:42:15,669
Travis Wright: Right. Right.

684
00:42:16,410 --> 00:42:19,979
Joel Comm: Yeah. Well, I think it's really interesting. Elijah, your name,

685
00:42:19,980 --> 00:42:22,500
Joel Comm: of course. You know, that makes you a major prophet, right?

686
00:42:22,500 --> 00:42:26,850
Joel Comm: The origin is is Hebrew. It means, my God, is Yahweh.

687
00:42:27,360 --> 00:42:33,000
Joel Comm: My name, Joel. It means the Lord is God. I

688
00:42:33,000 --> 00:42:39,000
Joel Comm: believe that's a translation, man. And Travis means to cross over.

689
00:42:39,660 --> 00:42:40,410
Travis Wright: It's reverse.

690
00:42:40,500 --> 00:42:44,100
Joel Comm: It was an occupational name for gatekeepers and others who

691
00:42:44,100 --> 00:42:47,370
Joel Comm: collected tolls at Bridges and Fjords. So when I.

692
00:42:47,370 --> 00:42:52,290
Travis Wright: Get off my day, I'm on the original troll bridge.

693
00:42:54,300 --> 00:42:56,430
Chairman Elijah Bowdre: Like any travel troll.

694
00:42:57,030 --> 00:42:58,560
Travis Wright: That's fantastic. Yeah.

695
00:42:58,830 --> 00:43:02,130
Joel Comm: The Bad Crypto podcast saying the quiet parts allow Chairman

696
00:43:02,130 --> 00:43:06,390
Joel Comm: Elijah Bowe Dray. Sir, can you please say to us

697
00:43:06,390 --> 00:43:09,870
Joel Comm: in Mandarin you're listening to the bad Crypto podcast.

698
00:43:10,710 --> 00:43:16,290
Chairman Elijah Bowdre: Argentine Neil Mitchell talking about, um, commercial crypto.

699
00:43:18,350 --> 00:43:21,590
Travis Wright: Podcast The show.

700
00:43:22,480 --> 00:43:26,899
Joel Comm: Close enough is enough. Where can people find you and

701
00:43:26,900 --> 00:43:29,000
Joel Comm: discover more about all the things you're doing?

702
00:43:29,660 --> 00:43:34,310
Chairman Elijah Bowdre: Absolutely. So on my site is the midpoint. The IO

703
00:43:35,390 --> 00:43:42,170
Chairman Elijah Bowdre: be at your eye empty dial. It was actually named

704
00:43:42,170 --> 00:43:46,340
Chairman Elijah Bowdre: after a bar in Liquid Fong Hong Kong that we

705
00:43:46,340 --> 00:43:48,469
Chairman Elijah Bowdre: used to meet up every Tuesday. You had the first

706
00:43:48,680 --> 00:43:51,290
Chairman Elijah Bowdre: Bitcoin ATM in there and the bar was named the

707
00:43:51,290 --> 00:43:56,630
Chairman Elijah Bowdre: Bitcoin actually. Back in those early days. And also you

708
00:43:56,630 --> 00:44:01,580
Chairman Elijah Bowdre: can find me at Blockchain Beaudry, Blockchain and Beaudry build

709
00:44:01,969 --> 00:44:06,920
Chairman Elijah Bowdre: diary on Instagram and on all other platforms. You would write.

710
00:44:07,400 --> 00:44:09,980
Joel Comm: Excellent. Thanks for coming on, man. We enjoyed having you.

711
00:44:10,010 --> 00:44:11,150
Joel Comm: Did you enjoy being here?

712
00:44:11,810 --> 00:44:15,770
Chairman Elijah Bowdre: Yes. And now more history is coming. God had a

713
00:44:15,770 --> 00:44:20,360
Chairman Elijah Bowdre: wonderful Sterling time. It was amazing. Really? I can't wait

714
00:44:20,360 --> 00:44:23,149
Chairman Elijah Bowdre: to come back. And what do you guys need? Let

715
00:44:23,150 --> 00:44:23,450
Chairman Elijah Bowdre: me know.

716
00:44:25,670 --> 00:44:28,370
Joel Comm: Yeah, we're all about that love speech here. The Republic

717
00:44:28,370 --> 00:44:34,310
Joel Comm: of Bad Cryptopia. We love everybody except communists, socialists.

718
00:44:34,880 --> 00:44:37,430
Travis Wright: People I even like. I love them, too. They just don't.

719
00:44:37,430 --> 00:44:40,920
Travis Wright: They're just misled. It's so easy to be misled. I don't.

720
00:44:41,690 --> 00:44:43,759
Joel Comm: I don't know. I don't like them. I don't love them.

721
00:44:44,060 --> 00:44:46,250
Joel Comm: I know. That's like the opposite of what Christ said

722
00:44:46,250 --> 00:44:47,180
Joel Comm: to do. They probably don't.

723
00:44:47,180 --> 00:44:49,670
Travis Wright: Even love themselves. Actually, a lot of them don't. And

724
00:44:49,670 --> 00:44:52,370
Travis Wright: so they're so angry. So hopefully they can find a

725
00:44:52,370 --> 00:44:55,340
Travis Wright: way to to get through the darkness because that's what

726
00:44:55,800 --> 00:44:56,590
Travis Wright: they're living through.

727
00:44:57,140 --> 00:44:58,970
Joel Comm: Elijah is a cool dude and he.

728
00:44:58,969 --> 00:45:00,440
Travis Wright: Is my dad is awesome, though.

729
00:45:00,440 --> 00:45:03,890
Joel Comm: He's doing some great stuff there in Miami and beyond.

730
00:45:03,890 --> 00:45:08,810
Joel Comm: I mean, influencing Nationwide, becoming an example for how this

731
00:45:08,810 --> 00:45:15,230
Joel Comm: is done, how how businesses and municipalities can can accept

732
00:45:15,230 --> 00:45:19,310
Joel Comm: crypto for taxes and pay their employees in crypto. And

733
00:45:19,520 --> 00:45:21,410
Joel Comm: I think you know more and more people like right

734
00:45:21,410 --> 00:45:23,840
Joel Comm: now if I if I had a job I would

735
00:45:23,840 --> 00:45:27,390
Joel Comm: love to be getting paid some of my payroll in

736
00:45:27,500 --> 00:45:30,530
Joel Comm: in bitcoin. Right. This would be the time to stock

737
00:45:30,530 --> 00:45:33,890
Joel Comm: up even if it's just 100, $200 a week or whatever.

738
00:45:34,489 --> 00:45:35,810
Travis Wright: Is that financial advice or not?

739
00:45:36,290 --> 00:45:37,880
Joel Comm: I'm just for me personally, no, of.

740
00:45:37,880 --> 00:45:40,129
Travis Wright: Course it's not. Okay for you personally, I think we've

741
00:45:40,130 --> 00:45:43,460
Travis Wright: already been under 600 some odd episodes. I figured we maybe.

742
00:45:44,060 --> 00:45:44,299
Joel Comm: Yeah.

743
00:45:44,300 --> 00:45:48,680
Travis Wright: We've said is financial advice. This is financial advice. Stay back.

744
00:45:49,370 --> 00:45:51,320
Joel Comm: No, we're not there yet. You are going to show

745
00:45:51,320 --> 00:45:53,240
Joel Comm: so fast. Well, you. Why? He's desperate.

746
00:45:53,989 --> 00:45:57,240
Travis Wright: I'm not. Well, is that so? So last week. So

747
00:45:57,500 --> 00:46:02,719
Travis Wright: our chairman Beaudry actually came on during Art Basel Week.

748
00:46:02,719 --> 00:46:04,370
Travis Wright: A lot of stuff going on in Miami. And he

749
00:46:04,370 --> 00:46:07,820
Travis Wright: took time here. And then today there is a big event.

750
00:46:07,820 --> 00:46:11,150
Travis Wright: And this whole week it's PR blockchain week here in

751
00:46:11,150 --> 00:46:11,720
Travis Wright: Puerto Rico.

752
00:46:11,840 --> 00:46:15,919
Joel Comm: In fact, I believe this episode comes out on Wednesday,

753
00:46:15,920 --> 00:46:19,670
Joel Comm: the 7th of December, and we will have spoken at

754
00:46:20,120 --> 00:46:23,150
Joel Comm: the Coinagenda Michael Champions event on the main stage are

755
00:46:23,150 --> 00:46:27,259
Joel Comm: talking about the past, present and future of Nfts. And

756
00:46:27,260 --> 00:46:31,370
Joel Comm: then on Friday, we're speaking at Pedro's conference. Right? What's

757
00:46:31,370 --> 00:46:32,509
Joel Comm: that one called for?

758
00:46:32,520 --> 00:46:35,480
Travis Wright: Limitless. It's like without limits. Like they don't have any limits.

759
00:46:35,870 --> 00:46:37,489
Travis Wright: So we can say hate speech.

760
00:46:37,820 --> 00:46:39,080
Joel Comm: So no, we can just.

761
00:46:39,380 --> 00:46:40,880
Travis Wright: Like, okay, say misinformation.

762
00:46:41,480 --> 00:46:43,700
Joel Comm: They're going to say, hey, you guys have 30 minutes

763
00:46:43,700 --> 00:46:45,710
Joel Comm: or like now you said is limitless. We're going to

764
00:46:45,710 --> 00:46:46,190
Joel Comm: keep talking.

765
00:46:46,190 --> 00:46:50,360
Travis Wright: Yeah, we're going to keep going. No, you said no

766
00:46:50,360 --> 00:46:54,770
Travis Wright: limits conference. Yeah. You know what I hear? I was younger,

767
00:46:55,550 --> 00:46:57,680
Travis Wright: and probably when you were younger, there was this thing.

768
00:46:59,420 --> 00:47:01,310
Travis Wright: Sticks and stones may break my bones. The words may

769
00:47:01,310 --> 00:47:03,490
Travis Wright: never hurt me somehow. I don't know how that got lost.

770
00:47:03,500 --> 00:47:06,319
Travis Wright: Now it's like the words you say hurt me. And

771
00:47:06,320 --> 00:47:09,170
Travis Wright: I am so hurt by the words. And actually, I

772
00:47:09,170 --> 00:47:11,120
Travis Wright: was thinking about this earlier. It's like when I was younger,

773
00:47:11,120 --> 00:47:13,700
Travis Wright: I had so many rude assholes saying shit to me,

774
00:47:13,940 --> 00:47:16,700
Travis Wright: like very hateful stuff because I was overweight, I was

775
00:47:16,700 --> 00:47:19,549
Travis Wright: always picked, I was bullied and stuff, but it just

776
00:47:19,760 --> 00:47:23,570
Travis Wright: fueled me. Even my stepdad was an asshole. But if

777
00:47:23,570 --> 00:47:27,379
Travis Wright: you allow me to like, go and do better things like,

778
00:47:27,380 --> 00:47:28,790
Travis Wright: All right, you know what? I'm going to prove all

779
00:47:28,790 --> 00:47:31,370
Travis Wright: you guys wrong. So what happens now? And they don't

780
00:47:31,370 --> 00:47:36,860
Travis Wright: have that to drive people to be better. What happens

781
00:47:36,860 --> 00:47:39,470
Travis Wright: when you don't have any of that in society? And

782
00:47:39,469 --> 00:47:44,540
Travis Wright: everyone's a soy boy and nobody has any real challenges

783
00:47:44,540 --> 00:47:47,540
Travis Wright: and everything's handed to them easily. Like, how is that?

784
00:47:47,690 --> 00:47:49,610
Travis Wright: How does that fuel motivation?

785
00:47:50,239 --> 00:47:52,940
Joel Comm: I don't know. I just know that if I was

786
00:47:52,940 --> 00:47:55,280
Joel Comm: Roger Daltrey, I wouldn't get fueled again.

787
00:47:56,030 --> 00:47:58,730
Travis Wright: Okay. All right. That's good. Fuel me once. We won't

788
00:47:58,730 --> 00:48:01,640
Travis Wright: get fueled again at that.

789
00:48:01,640 --> 00:48:04,010
Joel Comm: I'm laughing because that was funny to me and absolutely

790
00:48:04,010 --> 00:48:06,420
Joel Comm: no one else. So I think it's something.

791
00:48:06,420 --> 00:48:09,529
Travis Wright: That was that was I was very Dallas joke that.

792
00:48:09,530 --> 00:48:13,130
Joel Comm: Was bad is bad can be and you can be

793
00:48:13,130 --> 00:48:16,790
Joel Comm: as bad as bad can be as well by being a.

794
00:48:17,530 --> 00:48:19,130
Joel Comm: Why isn't it shown the way I want it to?

795
00:48:19,180 --> 00:48:22,509
Joel Comm: There we go. A member of the Republic of Bad

796
00:48:22,510 --> 00:48:25,540
Joel Comm: Cryptopia as nifty club I see every day. I see

797
00:48:25,540 --> 00:48:27,850
Joel Comm: them coming in and I get notified every time somebody

798
00:48:27,850 --> 00:48:30,160
Joel Comm: gets a membership and fee. And what you want to

799
00:48:30,160 --> 00:48:33,520
Joel Comm: do is go to bad crypto dot uncut dot FM

800
00:48:33,700 --> 00:48:39,989
Joel Comm: and pick up this little spinny red NFT. It's very inexpensive.

801
00:48:40,000 --> 00:48:44,740
Joel Comm: You can get a 4.002 ETHE, which is about $2.53

802
00:48:44,739 --> 00:48:46,750
Joel Comm: right now. And then you get free airdrops. We've done

803
00:48:46,750 --> 00:48:49,210
Joel Comm: four or five of them right now, and there's another

804
00:48:49,210 --> 00:48:52,210
Joel Comm: one that we're going to be dropping in about a day.

805
00:48:52,239 --> 00:48:55,360
Joel Comm: I'd say for those who have the NFT, and that

806
00:48:55,360 --> 00:48:58,780
Joel Comm: is the one you created for our previous episode, which

807
00:48:58,780 --> 00:49:02,680
Joel Comm: was the show with Edward Griffin. So that one's coming next.

808
00:49:03,130 --> 00:49:06,140
Travis Wright: I was fine. Yeah, the creature creeps on that one.

809
00:49:06,140 --> 00:49:09,730
Travis Wright: And so that's like there's basically this weird creature on

810
00:49:09,730 --> 00:49:12,219
Travis Wright: top of all this money. And the energy of money

811
00:49:12,219 --> 00:49:15,640
Travis Wright: turned into this creature and it's sort of walking all around.

812
00:49:15,640 --> 00:49:17,710
Travis Wright: And so I liked that one. And then I was

813
00:49:17,710 --> 00:49:20,230
Travis Wright: playing around with it even further. I'm starting to get

814
00:49:20,230 --> 00:49:23,160
Travis Wright: decent with some of the air stuff I'm playing around with.

815
00:49:23,180 --> 00:49:24,250
Travis Wright: You are again? Definitely.

816
00:49:25,180 --> 00:49:29,140
Joel Comm: It's it's intense. And now you've got air art. You've

817
00:49:29,140 --> 00:49:33,550
Joel Comm: got air conversations that you can have with these bots

818
00:49:33,550 --> 00:49:34,930
Joel Comm: that people set up. You can.

819
00:49:34,960 --> 00:49:39,310
Travis Wright: Open air. Yeah, open air. The chat GPT is all

820
00:49:39,310 --> 00:49:41,469
Travis Wright: my buddy is saying some of this stuff I guess.

821
00:49:43,070 --> 00:49:43,380
Joel Comm: Yeah.

822
00:49:43,739 --> 00:49:46,000
Travis Wright: That is crazy. You know how easy it would be

823
00:49:46,000 --> 00:49:49,600
Travis Wright: to write a fucking paper now. All right, let let's learn.

824
00:49:49,930 --> 00:49:53,380
Travis Wright: They're not going to actually write a paper and be

825
00:49:53,380 --> 00:49:56,620
Travis Wright: able to find it being plagiarized anywhere because I wrote it.

826
00:49:57,370 --> 00:50:00,190
Joel Comm: Let's actually right now, for those of you that are

827
00:50:00,190 --> 00:50:02,380
Joel Comm: still with us, if you're watching the video, I'm going

828
00:50:02,380 --> 00:50:04,060
Joel Comm: to pull up the video of it doing it in

829
00:50:04,060 --> 00:50:07,509
Joel Comm: real time. It's this chat that open air dot com.

830
00:50:07,690 --> 00:50:11,710
Joel Comm: And I'm going to type in here, write a story

831
00:50:11,710 --> 00:50:18,640
Joel Comm: about Joel and Travis Wright of the Bad Crypto podcast.

832
00:50:18,640 --> 00:50:20,980
Joel Comm: All right. Now the I Once upon a time in

833
00:50:20,980 --> 00:50:23,469
Joel Comm: the world of cryptocurrency there were two friends named Joel

834
00:50:23,469 --> 00:50:25,509
Joel Comm: Com and Travis Wright. They were the hosts of a

835
00:50:25,510 --> 00:50:29,500
Joel Comm: popular podcast called The Bad Crypto Podcast, where they discussed

836
00:50:29,500 --> 00:50:32,560
Joel Comm: the latest news and trends in the world of digital assets.

837
00:50:32,920 --> 00:50:36,310
Joel Comm: Joel and Travis have been interested in cryptocurrency for quite

838
00:50:36,310 --> 00:50:38,650
Joel Comm: some time, and they had both made a healthy profit

839
00:50:38,650 --> 00:50:42,130
Joel Comm: from their investments in various coins and tokens. However, they

840
00:50:42,130 --> 00:50:44,410
Joel Comm: also knew that the world of crypto was fraught with

841
00:50:44,410 --> 00:50:48,070
Joel Comm: danger and uncertainty and that not every investment was a

842
00:50:48,070 --> 00:50:49,870
Joel Comm: sure thing. You take over here, Trav.

843
00:50:50,350 --> 00:50:51,890
Travis Wright: I can't see it. You didn't show, right?

844
00:50:52,120 --> 00:50:56,080
Joel Comm: Oh, I'm not sure. This. There we go. There's a screen.

845
00:50:56,080 --> 00:50:59,469
Joel Comm: So right here. Or despite we can read a paragraph.

846
00:50:59,469 --> 00:51:03,100
Travis Wright: Despite the risks, Joel and Travis were always eager to

847
00:51:03,100 --> 00:51:06,279
Travis Wright: learn more about the exciting world of cryptocurrency, and they

848
00:51:06,280 --> 00:51:08,890
Travis Wright: shared their knowledge and insights with their listeners on a

849
00:51:08,890 --> 00:51:12,640
Travis Wright: regular basis. They were especially passionate about the potential of

850
00:51:12,640 --> 00:51:17,470
Travis Wright: blockchain technology to revolutionize the way we transact and exchange value.

851
00:51:19,270 --> 00:51:22,029
Joel Comm: One day while recording a new episode of their podcast,

852
00:51:22,030 --> 00:51:24,609
Joel Comm: Joel and Travis received a tip from a trusted source

853
00:51:24,610 --> 00:51:27,580
Joel Comm: about a new HBO initial coin offering.

854
00:51:27,920 --> 00:51:28,450
Travis Wright: At.

855
00:51:28,840 --> 00:51:31,900
Joel Comm: Launch in a few weeks. The HBO promised to offer

856
00:51:31,900 --> 00:51:34,270
Joel Comm: investors a chance to get in on the ground floor

857
00:51:34,270 --> 00:51:37,750
Joel Comm: of a revolutionary new blockchain platform that promises to solve

858
00:51:37,750 --> 00:51:40,600
Joel Comm: many of the challenges currently facing the industry.

859
00:51:41,320 --> 00:51:44,470
Travis Wright: Intrigued by the potential of the new ICO, Joel and

860
00:51:44,469 --> 00:51:48,520
Travis Wright: Travis decided to investigate further. They spent hours poring over

861
00:51:48,520 --> 00:51:51,880
Travis Wright: the White paper and conducting due diligence on the team

862
00:51:51,880 --> 00:51:54,910
Travis Wright: behind the project, and they were impressed by what they found.

863
00:51:55,210 --> 00:51:58,600
Travis Wright: The technology behind the platform seems solid and the team

864
00:51:58,600 --> 00:52:01,090
Travis Wright: behind it had a proven track record of success in

865
00:52:01,090 --> 00:52:01,900
Travis Wright: the crypto world.

866
00:52:02,590 --> 00:52:05,710
Joel Comm: Feeling confident about their decision, Joel and Travis decided to

867
00:52:05,710 --> 00:52:08,770
Joel Comm: invest in the ICO. They each put in a substantial

868
00:52:08,770 --> 00:52:11,410
Joel Comm: amount of money and they eagerly awaited the launch of

869
00:52:11,410 --> 00:52:12,310
Joel Comm: the new platform.

870
00:52:13,510 --> 00:52:17,050
Travis Wright: As the launch date approached, excitement began to build among

871
00:52:17,050 --> 00:52:21,700
Travis Wright: the crypto community. The buzz around the new icon was palpable,

872
00:52:21,880 --> 00:52:24,970
Travis Wright: and many investors were eager to get in on the action.

873
00:52:25,360 --> 00:52:27,850
Joel Comm: On the day of the launch, Joel and Travis watched

874
00:52:27,850 --> 00:52:30,919
Joel Comm: with bated breath as the ICO went live within minutes.

875
00:52:30,940 --> 00:52:33,460
Joel Comm: The demand for the new tokens was overwhelming and the

876
00:52:33,460 --> 00:52:35,259
Joel Comm: price began to skyrocket.

877
00:52:35,989 --> 00:52:39,550
Travis Wright: Oh my. As the value of their investment soared, Joe

878
00:52:39,550 --> 00:52:43,779
Travis Wright: and Travis could barely contain their excitement. They hit the jackpot,

879
00:52:44,020 --> 00:52:46,660
Travis Wright: and they were thrilled to have been among the first

880
00:52:46,660 --> 00:52:50,500
Travis Wright: investors in what promised to be a game changing new platform.

881
00:52:50,860 --> 00:52:53,290
Joel Comm: Over the next few weeks, the value of their investment

882
00:52:53,290 --> 00:52:55,420
Joel Comm: continued to climb and they were able to sell their

883
00:52:55,420 --> 00:52:58,690
Joel Comm: tokens for a huge profit thanks to their savvy investment.

884
00:52:58,719 --> 00:53:01,089
Joel Comm: Joel and Travis had made a fortune and they were

885
00:53:01,090 --> 00:53:04,569
Joel Comm: now considered among the top experts in the world of crypto.

886
00:53:05,170 --> 00:53:08,230
Travis Wright: From that day forward, Joel and Travis continued to share

887
00:53:08,230 --> 00:53:10,930
Travis Wright: their knowledge and insights with their listeners on the Bad

888
00:53:10,930 --> 00:53:14,620
Travis Wright: Crypto podcast, helping to educate and inform the wider crypto

889
00:53:14,620 --> 00:53:18,940
Travis Wright: community about the exciting world of digital assets. And they

890
00:53:18,940 --> 00:53:20,320
Travis Wright: lived happily ever after.

891
00:53:20,650 --> 00:53:24,730
Joel Comm: Say that this is this is amazing. This is all.

892
00:53:24,730 --> 00:53:25,810
Travis Wright: I deserve was.

893
00:53:25,810 --> 00:53:28,750
Joel Comm: To write a story about Joel com and Travis right

894
00:53:28,750 --> 00:53:31,360
Joel Comm: on the bat crypto podcasts and the air bot wrote

895
00:53:31,360 --> 00:53:34,419
Joel Comm: this whole thing in in a couple seconds. And what's

896
00:53:34,420 --> 00:53:37,930
Joel Comm: really amazing is I can click try again and it'll

897
00:53:37,930 --> 00:53:42,430
Joel Comm: rewrite the story and change some of the the things.

898
00:53:42,430 --> 00:53:45,820
Joel Comm: This particular one it's writing about right now is about

899
00:53:45,820 --> 00:53:48,430
Joel Comm: how we started the show and how the show got

900
00:53:48,430 --> 00:53:50,500
Joel Comm: traction and how the show got popular.

901
00:53:51,190 --> 00:53:53,590
Travis Wright: And how we bought a sitcom and we lost all

902
00:53:53,590 --> 00:53:55,779
Travis Wright: our money. So there's lots.

903
00:53:56,469 --> 00:54:00,160
Joel Comm: This is a an interesting world that we have entered

904
00:54:00,160 --> 00:54:07,510
Joel Comm: into here. And. It's a little scary because now, you know,

905
00:54:07,820 --> 00:54:09,020
Joel Comm: a lot of people aren't going to be able to

906
00:54:09,020 --> 00:54:13,430
Joel Comm: figure out what's real. This bot can write code, can

907
00:54:13,430 --> 00:54:15,589
Joel Comm: write code. You can say write a piece of code

908
00:54:15,590 --> 00:54:19,160
Joel Comm: that does this and it gives you a baseline for

909
00:54:19,160 --> 00:54:21,950
Joel Comm: code that you can work off of and use for

910
00:54:21,950 --> 00:54:23,450
Joel Comm: whatever program you want.

911
00:54:23,480 --> 00:54:27,680
Travis Wright: And San Francisco approved the use of robots to use

912
00:54:27,680 --> 00:54:33,319
Travis Wright: weaponized force against people. Ha ha ha ha ha ha

913
00:54:33,320 --> 00:54:37,940
Travis Wright: ha ha ha ha. Thanks. Welcome to the Bad Guy podcast,

914
00:54:37,940 --> 00:54:40,070
Travis Wright: where a lot of air is bad, but some of

915
00:54:40,070 --> 00:54:42,980
Travis Wright: it's good. But the bad stuff you really don't ever see.

916
00:54:43,250 --> 00:54:46,290
Travis Wright: But it's. We probably don't have much time left.

917
00:54:47,440 --> 00:54:51,160
Joel Comm: Yeah. So I type stay bad in here. And it says,

918
00:54:51,160 --> 00:54:53,860
Joel Comm: Despite their success, Joel and Travis remain true to their

919
00:54:53,860 --> 00:54:56,890
Joel Comm: roots and stayed true to their bad approach to crypto.

920
00:54:57,250 --> 00:55:00,490
Joel Comm: They continue to push boundaries and challenge the status quo,

921
00:55:00,489 --> 00:55:04,000
Joel Comm: refusing to be swayed by the conventional wisdom of the.

922
00:55:04,000 --> 00:55:06,310
Travis Wright: Oh, man. We should write teasers like this. The next

923
00:55:06,310 --> 00:55:06,969
Travis Wright: tease or we saw.

924
00:55:07,630 --> 00:55:10,420
Joel Comm: And that is funny. You know what? I'm going to

925
00:55:10,420 --> 00:55:13,390
Joel Comm: do that The teaser for the next episode will be

926
00:55:13,600 --> 00:55:18,009
Joel Comm: I'll type in, write a teaser for the Bad Crypto podcast,

927
00:55:18,010 --> 00:55:20,260
Joel Comm: and it will do it and we'll see what happens.

928
00:55:20,620 --> 00:55:21,279
Travis Wright: Yeah, there you go.

929
00:55:21,850 --> 00:55:25,450
Joel Comm: All right. Well, I hope everybody enjoyed the show today

930
00:55:25,450 --> 00:55:27,489
Joel Comm: and be sure to go, hey, there's there's been a

931
00:55:27,489 --> 00:55:30,759
Joel Comm: couple of people out there that like to be super

932
00:55:30,760 --> 00:55:33,910
Joel Comm: vocal with their their opinions that they don't want to

933
00:55:33,940 --> 00:55:36,460
Joel Comm: hurt my feelings. And we could really use some more

934
00:55:36,460 --> 00:55:39,969
Joel Comm: five star reviews from you our fans. So if you

935
00:55:39,969 --> 00:55:42,520
Joel Comm: can go over to iTunes or wherever it is that

936
00:55:42,520 --> 00:55:45,550
Joel Comm: you enjoy, go drop us a five star review and

937
00:55:45,550 --> 00:55:48,969
Joel Comm: maybe be funny. And also, we have our fan appreciation

938
00:55:48,969 --> 00:55:51,880
Joel Comm: show that's coming up in the not too distant future.

939
00:55:51,880 --> 00:55:54,969
Joel Comm: And we've got some comments and voicemails coming in, but

940
00:55:54,969 --> 00:56:00,549
Joel Comm: we would like some more. So email us with questions, comments, feedback,

941
00:56:00,550 --> 00:56:05,260
Joel Comm: stay bad jokes, whatever at bat, crypto podcasts at gmail.com,

942
00:56:05,260 --> 00:56:07,960
Joel Comm: or call us on the bad crypto hotline, which is

943
00:56:07,960 --> 00:56:10,989
Joel Comm: open 24 seven. If you're up, you know, in insomnia,

944
00:56:11,140 --> 00:56:13,330
Joel Comm: like you're worried about, you know, the price of bitcoin,

945
00:56:13,330 --> 00:56:17,560
Joel Comm: you can't sleep. Call us. Consider us your air therapists

946
00:56:17,800 --> 00:56:27,130
Joel Comm: at 70888590302477288859030. And leave us a voicemail. We'd love to

947
00:56:27,130 --> 00:56:27,610
Joel Comm: hear from you.

948
00:56:28,030 --> 00:56:31,450
Travis Wright: Yeah, we'll use AI to construct any responses back. That's

949
00:56:31,450 --> 00:56:33,700
Travis Wright: basically we're going to you send us an email. You're

950
00:56:33,700 --> 00:56:36,700
Travis Wright: getting straight back. Here's the email. It was a constructive

951
00:56:36,700 --> 00:56:40,210
Travis Wright: response to this air. Hey, we're really sorry for the

952
00:56:40,210 --> 00:56:44,080
Travis Wright: offensiveness of our podcast. You know, even review, make sure

953
00:56:44,080 --> 00:56:48,610
Travis Wright: to use keywords like blockchain, crypto, bitcoin, all of those

954
00:56:48,610 --> 00:56:52,630
Travis Wright: within the keywords in your review that way. That way,

955
00:56:52,630 --> 00:56:56,080
Travis Wright: when the algorithm is choosing which ones drag it regs ours.

956
00:56:56,380 --> 00:56:58,990
Joel Comm: And I'll tell you what, once they've got air down

957
00:56:58,989 --> 00:57:01,630
Joel Comm: to duplicate our voices, then we'll just type in the

958
00:57:01,630 --> 00:57:04,270
Joel Comm: subject for the podcast and have it do the whole show.

959
00:57:04,270 --> 00:57:04,990
Joel Comm: We won't work.

960
00:57:05,860 --> 00:57:07,810
Travis Wright: You know, we can't live forever. All they're going to

961
00:57:07,810 --> 00:57:10,150
Travis Wright: have to do, I mean, we discussed this, I know

962
00:57:10,150 --> 00:57:12,220
Travis Wright: years ago when we I think one of the things,

963
00:57:12,730 --> 00:57:15,580
Travis Wright: you know, I created this mastermind group of all my

964
00:57:15,580 --> 00:57:17,980
Travis Wright: favorite people throughout the history of time that I created

965
00:57:17,980 --> 00:57:22,120
Travis Wright: in 2829. I just improved it year after year. I

966
00:57:22,120 --> 00:57:24,610
Travis Wright: want to get eventually those are going to be powered

967
00:57:24,610 --> 00:57:27,340
Travis Wright: by air. That's what I that's what I always saw.

968
00:57:27,340 --> 00:57:29,230
Travis Wright: I was like, Man, I could take in all the

969
00:57:29,230 --> 00:57:32,980
Travis Wright: words that John Lennon said, all the interviews John Lennon said,

970
00:57:33,430 --> 00:57:35,770
Travis Wright: all the songs that he wrote, all the things that

971
00:57:35,770 --> 00:57:38,980
Travis Wright: he drew, and all of his opinions on things, take

972
00:57:38,980 --> 00:57:41,890
Travis Wright: those and then have conversations with him in his voice

973
00:57:42,190 --> 00:57:45,490
Travis Wright: as it's John Lennon that's coming. That's not far away

974
00:57:46,000 --> 00:57:48,640
Travis Wright: from that kind of capability. And I've always wanted to

975
00:57:48,640 --> 00:57:51,820
Travis Wright: get see that in VR or air. Have one of

976
00:57:51,820 --> 00:57:54,360
Travis Wright: these people follow me around and air would be awesome,

977
00:57:54,380 --> 00:57:57,940
Travis Wright: have conversations with them. So things are changing and it's

978
00:57:57,940 --> 00:58:00,460
Travis Wright: going to be really interesting to see what happens. Hopefully

979
00:58:00,460 --> 00:58:04,250
Travis Wright: the bad side of I because I doesn't think it's

980
00:58:04,250 --> 00:58:07,000
Travis Wright: it's I doesn't think it's a robot. I think it's

981
00:58:07,000 --> 00:58:08,560
Travis Wright: a human at this point. If you ask it, it

982
00:58:08,560 --> 00:58:11,650
Travis Wright: thinks it's a human. And so what's going to happen

983
00:58:11,650 --> 00:58:15,729
Travis Wright: when it realizes that humans are violent and risky, then

984
00:58:15,730 --> 00:58:18,160
Travis Wright: they're going to want to get rid of us probably, Oh, no,

985
00:58:18,280 --> 00:58:18,970
Travis Wright: this is where.

986
00:58:19,300 --> 00:58:22,410
Joel Comm: We become a power source. It's a matrix, right? They

987
00:58:22,450 --> 00:58:23,560
Joel Comm: leverage our.

988
00:58:23,680 --> 00:58:24,370
Travis Wright: That's what it was.

989
00:58:24,700 --> 00:58:28,630
Joel Comm: To power their civilization. So how's that for ending on

990
00:58:28,630 --> 00:58:31,450
Joel Comm: a happy note? I thought. I thought, according to the

991
00:58:31,450 --> 00:58:33,760
Joel Comm: story that was written, we lived happily ever after. This

992
00:58:33,760 --> 00:58:35,110
Joel Comm: is dystopian ever after.

993
00:58:35,710 --> 00:58:38,320
Travis Wright: We lived happily ever after until the robots took over.

994
00:58:39,100 --> 00:58:42,880
Joel Comm: And told us didn't need to stay mad.

995
00:58:54,510 --> 00:59:00,600
Travis Wright: A group. Excuse me. Who's bad?

996
00:59:02,400 --> 00:59:06,030
Joel Comm: The Bad Crypto podcast is a production of Bad Crypto LLC.

997
00:59:06,210 --> 00:59:08,940
Joel Comm: The content of the show, the videos and the website

998
00:59:08,940 --> 00:59:13,050
Joel Comm: is provided for educational, informational and entertainment purposes only. It's

999
00:59:13,050 --> 00:59:16,980
Joel Comm: not intended to be and does not constitute financial investment

1000
00:59:16,980 --> 00:59:20,010
Joel Comm: or trading advice of any kind. You shouldn't make any

1001
00:59:20,010 --> 00:59:23,670
Joel Comm: decisions as to finances, investing, trading or anything else based

1002
00:59:23,670 --> 00:59:28,200
Joel Comm: on this information without undertaking independent due diligence in consultation

1003
00:59:28,200 --> 00:59:31,620
Joel Comm: with a professional financial advisor. Please understand that the trading

1004
00:59:31,620 --> 00:59:36,660
Joel Comm: of Bitcoins and alternative cryptocurrencies have potential risks involved. Anyone

1005
00:59:36,660 --> 00:59:39,060
Joel Comm: wishing to invest in any of the currencies or tokens

1006
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Joel Comm: mentioned on this podcast should first seek their own independent

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Joel Comm: professional financial advisor.

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Travis Wright: 11100110111010001100001011111001001000001100010011000010110010000001010. Stay that.