WEBVTT - Hearing Coinfessions 0:00:00.040 --> 0:00:03.320 The Coin Bureau podcast is a production of My Heart Radio. 0:00:03.880 --> 0:00:07.240 I think it's really important for people to remember that 0:00:07.280 --> 0:00:10.639 the really important things in life are things like you know, 0:00:10.720 --> 0:00:14.240 our family, our friends. You know, crypto is amazing, but 0:00:14.360 --> 0:00:17.520 it should it should never come before your family, before 0:00:17.560 --> 0:00:20.560 your friends, before taking you know, the things that are 0:00:20.600 --> 0:00:36.640 really important. Welcome to the Point Breo podcast. Everyone. My 0:00:36.760 --> 0:00:39.760 name is Guy and I am joined as ever by 0:00:39.800 --> 0:00:44.520 my faithful, long serving and long suffering friend, Mad Mike Mooch. 0:00:45.000 --> 0:00:49.680 We are again recording remotely me from Dubai once more. 0:00:50.479 --> 0:00:55.640 I'm I'm in London, Old gray London and you're in 0:00:56.000 --> 0:01:01.200 in sunny Dubai. That's how you say of it. That's 0:01:01.200 --> 0:01:04.800 how Terry Terry Tips said it. And that's how I 0:01:04.880 --> 0:01:11.680 like to say. Did you blay Terry Terry Tip what 0:01:11.760 --> 0:01:15.480 he was talking about? Um, you've had a busy week. 0:01:16.360 --> 0:01:19.480 I have had a busy week, Yeah, I have. I was. 0:01:19.600 --> 0:01:22.040 I had a busy weekend. Actually I was. I went 0:01:22.080 --> 0:01:25.479 to a I went to an event, a Binance event 0:01:25.800 --> 0:01:28.920 at the Birch as well, sort of looking onto the Burge. 0:01:29.680 --> 0:01:35.600 And it was to celebrate Binance launching a regulated exchange 0:01:35.720 --> 0:01:41.200 in and UM and it was. Yeah, it was. It 0:01:41.280 --> 0:01:43.240 was pretty cool. There was a big old light show. 0:01:43.319 --> 0:01:46.280 There was a swanky sort of meet and greet with 0:01:46.360 --> 0:01:50.080 lots of important people there and well and some unimportant 0:01:50.080 --> 0:01:54.360 people there as well, like myself, And it was it 0:01:54.400 --> 0:01:57.080 was great. Met lots of interesting people and highlight of 0:01:57.120 --> 0:02:00.639 the evening I got to not only meet but also 0:02:00.880 --> 0:02:04.840 chat with c Z, the CEO of Finance or or 0:02:04.880 --> 0:02:08.360 I think c Z as he's referred to in the unit, 0:02:09.600 --> 0:02:14.720 none of this C pronunciation. Yeah, and yeah, obviously c 0:02:14.919 --> 0:02:18.440 Z is Finance CEO, one of the most well known, 0:02:18.760 --> 0:02:24.200 recognizable and let's let's not mince words, richest people in crypto. 0:02:25.440 --> 0:02:29.600 And yeah, and then some and I have to say 0:02:29.840 --> 0:02:33.280 he was lovely. He was a very nice chat very unassuming, 0:02:33.480 --> 0:02:36.520 very modest, very down to earth. You know, there was 0:02:36.560 --> 0:02:40.160 no there was no kind of a big dick billionaire 0:02:40.280 --> 0:02:43.519 energy sort of coming off him. He just yeah, he 0:02:43.639 --> 0:02:46.600 just seemed like a guy on a mission who was 0:02:46.720 --> 0:02:52.240 very much enjoying himself. I think, yeah, wonderful. So yeah, 0:02:52.280 --> 0:02:55.560 it was, it was really cool and I got to Yeah, 0:02:55.560 --> 0:02:57.920 I sort of chatted with him a bit about Dubai 0:02:57.960 --> 0:03:01.440 and about Binance obviously, and I also got to ask 0:03:01.520 --> 0:03:03.200 him a bit about what it was like being him, 0:03:03.240 --> 0:03:05.520 because this is something that's always, you know, I've always 0:03:05.520 --> 0:03:09.160 wondered because I often think like being the CEO of 0:03:09.320 --> 0:03:12.640 a crypto exchange must be one of the most like, 0:03:13.120 --> 0:03:16.320 on the one hand, rewarding jobs in kind of every 0:03:16.360 --> 0:03:18.560 sense of the word, and in the on the other hand, 0:03:18.880 --> 0:03:21.680 stressful jobs of all time because there's just you know, 0:03:22.080 --> 0:03:26.240 constantly stuff happening, stuff you having to deal with stuff. 0:03:26.280 --> 0:03:28.720 And it's one of these things, isn't it. Like the bigger, 0:03:28.760 --> 0:03:32.240 you know, the bigger the organization gets, the more the 0:03:32.280 --> 0:03:35.240 more eyes, the more scrutiny. Yeah, and just the more 0:03:35.320 --> 0:03:38.440 things to deal with, the more people wanting stuff, you know, 0:03:38.640 --> 0:03:41.360 and it's um so, but I mean again, you know, 0:03:41.520 --> 0:03:45.080 he seemed c Z seemed very sort of calm. He didn't, 0:03:45.160 --> 0:03:49.200 you know, he didn't didn't seem like someone um who 0:03:49.320 --> 0:03:52.440 was you know, sort of meeting dozens and dozens of 0:03:52.440 --> 0:03:55.440 people a day and having to keep so many plates 0:03:55.440 --> 0:03:58.040 spinning or balls in the air or whatever metaphor you 0:03:58.040 --> 0:04:01.520 want to use. And yeah, it was great, and I mean, 0:04:01.640 --> 0:04:05.160 he he had some interesting insights. He said, he's basically 0:04:05.200 --> 0:04:10.320 he basically now practice sort of five minute meetings, which 0:04:10.960 --> 0:04:13.480 was pretty good, you know, none of this sort of preamble, 0:04:13.520 --> 0:04:16.120 let's just get it done, five minutes, right out the door, 0:04:16.400 --> 0:04:20.320 off we go, next thing. Um. And he did reassure 0:04:20.360 --> 0:04:22.520 me that he manages to chill as well, you know, 0:04:22.640 --> 0:04:25.919 get some get some sort of time off. He's a billionaire, 0:04:25.960 --> 0:04:29.920 of course he's of course he's manages the chill. Well, yeah, 0:04:30.000 --> 0:04:32.400 you say that, but I mean again, I think he 0:04:32.440 --> 0:04:35.200 doesn't have to come home and do the laundry, do 0:04:35.240 --> 0:04:36.599 you know what I mean? He doesn't have to come 0:04:36.600 --> 0:04:40.440 home and go, what am I going to cook? Oh? Yeah, 0:04:40.600 --> 0:04:44.880 my cook will do that. I'm a billionaire. Um. And 0:04:45.160 --> 0:04:48.080 he's just he's reduced all his meetings down to five minutes. 0:04:48.400 --> 0:04:49.880 So it's kind of like I'm assuming that's in his 0:04:49.960 --> 0:04:52.359 personal wife as well. So it's like, speak to his wife, 0:04:52.400 --> 0:04:57.680 you've got five minutes. Five minutes just cuts her off, right, 0:04:57.680 --> 0:05:02.880 that's it? Yeah, well, you're right, but I mean I 0:05:02.920 --> 0:05:05.640 often think like that, the richer someone gets, the more 0:05:06.120 --> 0:05:09.360 the more demands there are on their time. Surely, you know, 0:05:09.440 --> 0:05:14.960 and I'm being silly obviously, but but no, I he yeah, 0:05:15.320 --> 0:05:17.440 I think he I think you're right though, because at 0:05:17.520 --> 0:05:20.599 some point you go hang on a sec I'm a billionaire. 0:05:20.760 --> 0:05:24.000 I don't have to do I'm no, I'm going to 0:05:24.040 --> 0:05:27.680 the beach or I'm taking the private buying a beach. 0:05:31.839 --> 0:05:33.919 I'm gonna I'm gonna go and build a space rocket 0:05:33.960 --> 0:05:36.600 for a little bit um, have you. That's why I 0:05:36.640 --> 0:05:39.760 want to know how does he fritter his money? Because 0:05:41.040 --> 0:05:45.360 how people spend their disposable income and and and you know, 0:05:46.040 --> 0:05:49.719 waste it to to degree, there's always an indication of 0:05:49.760 --> 0:05:51.600 the type of human being that they aren't, you know 0:05:51.600 --> 0:05:53.240 what I mean? And I want to know what does 0:05:53.320 --> 0:05:56.960 he do with you know, like, how does he enjoy 0:05:57.240 --> 0:05:59.479 spending money? Or how does he what? What? What is 0:05:59.560 --> 0:06:02.880 his outlook for it? Is he got you know? Does 0:06:02.920 --> 0:06:05.960 he like to gamble? Is he like like does he 0:06:06.160 --> 0:06:09.919 collect handbags? Is he a warhammer enthusiastic? I want to 0:06:09.960 --> 0:06:13.720 know these things. And I don't think you ask those questions. 0:06:14.520 --> 0:06:17.320 I didn't ask those questions. I didn't feel it was 0:06:17.360 --> 0:06:19.600 the time of place to ask him if he was 0:06:19.640 --> 0:06:23.120 a gambler or a collector of handbags. But do you 0:06:23.120 --> 0:06:26.599 know what You're right? What are your ultramarine collections? Like 0:06:27.520 --> 0:06:30.919 in Warhammer three thousand or whatever, we do you know 0:06:30.960 --> 0:06:33.240 what like the worried, the worrying, That sort of situation 0:06:33.400 --> 0:06:35.320 is that you ask someone a question like that, you know, 0:06:35.400 --> 0:06:37.960 kind of tongue in cheek, and it then turns out 0:06:38.000 --> 0:06:40.479 they're a massive Warhammer fan or something, and you get 0:06:40.520 --> 0:06:43.599 stuck in the discussion. And I mean, I know I 0:06:43.680 --> 0:06:46.680 know nothing about Warhammer. Do you know what my next 0:06:46.680 --> 0:06:49.160 time I get the opportunity to speak to someone like that, 0:06:49.480 --> 0:06:51.400 you know, to speak to someone at that kind of 0:06:51.720 --> 0:06:55.240 level of wealth, which I hope I will. I will, 0:06:55.320 --> 0:06:57.840 I will try and I will try and ask that 0:06:57.960 --> 0:07:01.680 question in a in a slightly more nuanced way. You know, 0:07:01.760 --> 0:07:06.599 how do you? How do you? Or what you could 0:07:06.600 --> 0:07:09.279 do is just put them on the spot and just say, hey, 0:07:09.320 --> 0:07:11.760 look I need a million dollars. I've got a very 0:07:11.840 --> 0:07:15.840 very sick puppy and this he needs an operation that's 0:07:15.880 --> 0:07:17.760 it's going to cost a million dollars? Can I can 0:07:17.840 --> 0:07:20.400 I borrow that off you? In front of everyone who's 0:07:20.440 --> 0:07:22.880 going to have like be like yeah, cool or no, 0:07:23.400 --> 0:07:26.120 just just make This is why people don't ask me 0:07:26.200 --> 0:07:28.480 to interview them. I think this is why you get 0:07:29.080 --> 0:07:34.840 interviews with ces and I'm interviewing you basically, you've got 0:07:34.840 --> 0:07:37.640 the You've just got the scraps from Caesar to table. 0:07:40.560 --> 0:07:43.440 I don't get interview Caesar, but I did get to 0:07:43.480 --> 0:07:46.320 speak the guy who has spoken to so I can 0:07:46.360 --> 0:07:50.760 get it a second hand. Um. Yeah, yeah, no. But 0:07:50.880 --> 0:07:53.480 perhaps you're just perhaps you're just too direct for your 0:07:53.480 --> 0:07:57.080 own good Mike. You need nuances, you need to be 0:07:57.120 --> 0:07:59.720 able to know they can't handle the scrutiny of my 0:08:00.000 --> 0:08:03.000 of views. I asked the tough questions. You're the sort 0:08:03.040 --> 0:08:09.280 of Jeremy Paxman of the space that's grand inquisitor um. Anyhow, 0:08:09.520 --> 0:08:12.000 I was I was very conscious at the end of 0:08:12.520 --> 0:08:15.480 last week's episode, Mikey, that I'd kind of bummed you 0:08:15.520 --> 0:08:18.680 out a little bit with all my sort of talk 0:08:18.760 --> 0:08:24.239 about post merge problems for Ethereum and the crypto market 0:08:24.320 --> 0:08:27.440 in general and just the world in general. You were 0:08:28.000 --> 0:08:30.960 I I felt by the end that I managed to 0:08:31.040 --> 0:08:33.640 bleed a lot of the enthusiasm out of you. Well, 0:08:33.679 --> 0:08:35.800 I've forgotten about it until you just brought it up 0:08:35.880 --> 0:08:40.320 right now, So thanks again for bringing that darkness back 0:08:40.320 --> 0:08:46.120 into my psyche. I'm just I'm relying on your goldfish 0:08:46.160 --> 0:08:51.160 leg attentions man gotten in about five minutes time. Was 0:08:51.240 --> 0:08:54.840 that my my, my, my acute a d h D. 0:08:55.440 --> 0:08:57.079 What are you going to cheer me up with this week? 0:08:57.160 --> 0:09:00.440 What we got? What we're talking about? Well, I we'd 0:09:00.920 --> 0:09:03.560 I thought we'd take a little bit of a different 0:09:03.600 --> 0:09:08.040 direction this week. Um, there is a Now, as as 0:09:08.080 --> 0:09:10.839 I've said many times before, and I'm sure you're aware 0:09:10.880 --> 0:09:15.720 as well, crypto Twitter is kind of is, you know, 0:09:15.960 --> 0:09:19.599 is the big sort of meeting spot, towns Square or 0:09:19.600 --> 0:09:23.200 whatever they call it for the crypto industry. And you 0:09:23.240 --> 0:09:26.040 know this, it's it's kind of central to I guess 0:09:26.040 --> 0:09:28.600 the agenda of the crypto industry in a way. You know, 0:09:28.800 --> 0:09:30.080 if you want to if you want to have an 0:09:30.120 --> 0:09:32.800 idea of what's going on in crypto, you need to 0:09:32.840 --> 0:09:37.320 be on crypto Twitter. Okay. Now, the problem is that 0:09:37.440 --> 0:09:42.120 there's kind of there's a there's a few problems with this. Basically. One, 0:09:42.320 --> 0:09:44.880 crypto Twitter is like a lot of other places of Twitter, 0:09:45.080 --> 0:09:48.439 it's uh, you know, it can be an absolute cess 0:09:48.480 --> 0:09:51.640 pool sometimes people going out of their way to be 0:09:51.679 --> 0:09:55.040 their very worst selves. So there is that, So there 0:09:55.120 --> 0:09:57.280 is you know, that kind of downside to it. Although 0:09:57.440 --> 0:09:59.719 it has to be said, there are lots of very 0:09:59.760 --> 0:10:02.920 cool and you know, very smart, very opinionated people there, 0:10:03.600 --> 0:10:07.080 but sometimes it does descend into a bit of a uh, 0:10:07.559 --> 0:10:12.280 you know it all gets modest, Yeah, exactly. Yeah. And 0:10:12.520 --> 0:10:15.560 of course Twitter itself, the app, I don't know. I 0:10:15.559 --> 0:10:18.599 don't know if you find this in comedy Twitter or 0:10:19.160 --> 0:10:23.679 whatever other sort of incarnations of Twitter that you're on. Um, 0:10:23.720 --> 0:10:27.520 but the app itself is so full of bots and 0:10:27.679 --> 0:10:30.559 spam at the moment that it can be it can 0:10:30.559 --> 0:10:33.600 be almost unusable at times. I think this may be 0:10:33.800 --> 0:10:37.360 a problem that's particularly acute to crypto. But I mean, 0:10:37.400 --> 0:10:40.520 how do you find using Twitter these days? Um? Well, 0:10:40.559 --> 0:10:43.400 I I no one, No one engages with me. It's 0:10:43.440 --> 0:10:47.480 just like shouting into an empty room. Really, But I 0:10:47.520 --> 0:10:50.040 think no, I think I think you're on on on 0:10:50.040 --> 0:10:54.000 on on accounts such as yours, where there are people 0:10:54.080 --> 0:10:57.559 who are looking to it all the time for you know, 0:10:57.800 --> 0:11:02.160 for for update and news and stuff like that. You 0:11:02.200 --> 0:11:04.480 are going to be targeted by the bots, which are 0:11:04.600 --> 0:11:10.160 definitely only five and after Twitter and definitely not not 0:11:10.320 --> 0:11:14.560 more than than that. Then then yeah, you're gonna you're 0:11:14.559 --> 0:11:17.400 gonna get get stuff like that all the time. And 0:11:17.480 --> 0:11:19.720 I suppose it's it's it's a testament to your success. 0:11:19.800 --> 0:11:22.160 Really if you don't have a lot of bots after 0:11:22.200 --> 0:11:25.160 you know, what is a crap about what you say? 0:11:26.360 --> 0:11:29.160 That's that is the price of success. You can either 0:11:29.240 --> 0:11:32.160 be you can either be ignored or you can just 0:11:32.240 --> 0:11:35.920 be botted and spammed into into oblivion. That there there 0:11:36.000 --> 0:11:40.800 is no middle ground. Yeah, um, you know, it's you're 0:11:40.920 --> 0:11:42.880 you're you're right in in a lot of ways day, 0:11:42.920 --> 0:11:46.040 you know. And and obviously it's anyone with anyone with 0:11:46.080 --> 0:11:49.480 a sort of largest following on on Twitter, I think 0:11:49.480 --> 0:11:52.840 probably experiences this in one way or another. But yeah, 0:11:52.840 --> 0:11:56.120 crypto Twitter, I think is is can be particularly bad 0:11:56.200 --> 0:11:58.199 from a sort of botting and spamming point of view, 0:11:58.240 --> 0:12:02.560 obviously because of the associateations that the crypto industry has. 0:12:02.760 --> 0:12:05.240 How I was going to ask you about I was 0:12:05.240 --> 0:12:07.160 going to talk about the pound as well, but I 0:12:07.200 --> 0:12:09.440 think I think we just better not go there, head 0:12:09.440 --> 0:12:12.839 we It's just it's just we don't want to start 0:12:12.840 --> 0:12:17.160 depressing ourselves again. But yes, so anyhow crypto Twitter. Now, 0:12:17.320 --> 0:12:20.199 I follow obviously a lot of people on crypto Twitter, 0:12:20.280 --> 0:12:22.360 a lot a lot of different accounts, but one of 0:12:22.400 --> 0:12:25.520 my absolute favorites and one that I think one of 0:12:25.520 --> 0:12:28.840 the few that I religiously look at every day is 0:12:28.880 --> 0:12:34.000 one called coin fesshions um and it is, according to 0:12:34.040 --> 0:12:38.360 its own bio, anonymous crypto confessions. And it's curated by 0:12:38.360 --> 0:12:42.360 another account called illustrate Alpha, which is kind of trading 0:12:42.679 --> 0:12:45.480 more of a kind of trading focused account. UM. So 0:12:45.800 --> 0:12:49.280 for anyone interested at coin fessions is the handle of 0:12:49.440 --> 0:12:52.319 this particular channel. Now it does very much what it 0:12:52.360 --> 0:12:55.240 says on the tin anonymous crypto confessions. So this is 0:12:55.280 --> 0:12:59.520 a place where people go and you know, they can 0:12:59.679 --> 0:13:04.240 they confess, they talk about things, um that they talk 0:13:04.280 --> 0:13:08.240 about their experiences in crypto that they wouldn't normally, you know, 0:13:08.400 --> 0:13:11.320 they wouldn't share with the wider world. Um. And obviously, 0:13:11.400 --> 0:13:14.160 as I say, they're anonymous as well, it's you might 0:13:14.200 --> 0:13:16.040 be I don't know, you might be familiar. I think 0:13:16.040 --> 0:13:18.120 there's a there's a sort of more mainstream one on 0:13:18.160 --> 0:13:23.640 Twitter called the First Hole. Yeah, yes, yes, there's a 0:13:23.720 --> 0:13:27.199 there's a few like that. There's there's First Hole. But yeah, 0:13:27.559 --> 0:13:29.640 over two coin fashions. There's loads of these on the 0:13:29.679 --> 0:13:32.559 on on the Internet, and some of them are hilarious. 0:13:32.720 --> 0:13:36.440 I always wonder about the validity and the the you know, 0:13:37.040 --> 0:13:39.960 the origin of these is it's one guy making these up. 0:13:40.160 --> 0:13:41.920 Some of them are so detailed and it's so so 0:13:42.679 --> 0:13:46.480 so niche that the kind of thing maybe maybe they 0:13:46.480 --> 0:13:49.960 are maybe they are real. Yeah, yeah, it's it's an 0:13:50.000 --> 0:13:53.600 interesting point because yeah, like I say, I I check 0:13:53.679 --> 0:13:55.439 this account every day and obviously it pops up in 0:13:55.480 --> 0:13:58.679 my feed all the time. But yeah, you do sometimes 0:13:58.679 --> 0:14:02.160 think like that, can that really be true? Or is 0:14:02.200 --> 0:14:04.840 that you know, is that someone is that somewhat sort 0:14:04.840 --> 0:14:07.600 of just kind of saying what they think and all 0:14:07.640 --> 0:14:12.160 this sort of stuff. But yeah, yeah, it's it's it's people, 0:14:12.520 --> 0:14:16.920 It's it's why it's certainly moderated coin fessions. I think 0:14:17.000 --> 0:14:19.360 probably things like fest hole and stuff are as well. 0:14:19.400 --> 0:14:23.640 But yeah, I think the moderators of coin fessions seem 0:14:23.720 --> 0:14:26.960 to have I think a pretty good eye for you know, 0:14:27.000 --> 0:14:29.160 for for the for the fake stuff as well. But 0:14:29.520 --> 0:14:31.280 that said, you know, I think we have to treat 0:14:31.320 --> 0:14:33.480 everything that that we see on it with a with 0:14:33.520 --> 0:14:36.760 a pinch of salt, if not more. But do you 0:14:36.800 --> 0:14:40.000 know what, it's something that the reason I like it, 0:14:40.040 --> 0:14:42.160 there are kind of a few reasons why I like it. 0:14:42.200 --> 0:14:44.760 I mean, sometimes it's just outright funny. I have to 0:14:44.800 --> 0:14:48.200 be honest with you. Sometimes it's just outright bleak as well. 0:14:48.400 --> 0:14:52.400 Some of them are really you know, a bit a 0:14:52.400 --> 0:14:55.880 bit distressing. But it's I find it a really kind 0:14:55.920 --> 0:15:01.880 of helpful dose of reality sometimes, um, because I'm I 0:15:01.920 --> 0:15:05.280 think I'm like most people in that when you know, 0:15:05.320 --> 0:15:07.680 when you get stuck on Twitter and you just find 0:15:07.720 --> 0:15:10.400 that time has evaporated and you've been on there an 0:15:10.440 --> 0:15:13.080 hour or something and you only went on to check 0:15:13.280 --> 0:15:17.600 and your sudden you suddenly just immersed yourself far too 0:15:17.720 --> 0:15:20.840 much in this world. And I I find coin fessions 0:15:20.880 --> 0:15:22.880 can sort of help drag you out of it sometimes, 0:15:23.120 --> 0:15:26.240 and especially when you know it's perhaps most pertinent when 0:15:26.320 --> 0:15:29.480 it is it is your knar can to to the 0:15:29.520 --> 0:15:35.200 Twitter fent and all world. Yeah, exactly exactly. Um. So 0:15:35.360 --> 0:15:37.280 I do find it a good sort of dose of reality. 0:15:37.360 --> 0:15:40.640 It's it's particularly good when you know, when markets are pumping, 0:15:40.680 --> 0:15:42.920 when everyone's you know, when there's too much kind of 0:15:42.960 --> 0:15:47.880 irrational exuberance around, um, and everyone's kind of losing their 0:15:47.920 --> 0:15:50.160 mind a little bit. The coin fessions is good for 0:15:50.240 --> 0:15:52.880 kind of dragging you back to earth. But anyhow, like 0:15:53.000 --> 0:15:55.560 I've been kind of. I was scrolling through it because 0:15:55.560 --> 0:15:57.960 I thought we we could touch on some today, and 0:15:58.000 --> 0:16:01.480 I thought, actually, some of these are I think there's 0:16:01.480 --> 0:16:03.680 a lot that we can learn from them. I think 0:16:03.680 --> 0:16:05.560 there's a few lessons that you can take from some 0:16:05.640 --> 0:16:08.800 of these, and you know, as well as as well 0:16:08.800 --> 0:16:12.240 as sort of a bit of comic relief in places. Um, 0:16:12.360 --> 0:16:16.680 I think, I think, yeah, we can we can definitely 0:16:16.720 --> 0:16:19.200 take some take some good els from some of these. 0:16:19.280 --> 0:16:23.040 So I thought we'd just go through a few, um 0:16:23.160 --> 0:16:25.920 and yeah, and see what see what we can learn? 0:16:26.360 --> 0:16:28.920 What do you reckon? Yeah, okay, well let's do it. 0:16:28.960 --> 0:16:31.080 I like, I like stories, and these are all little 0:16:31.120 --> 0:16:42.200 mini um captions characters, characters, stories. Yeah, that the way 0:16:42.240 --> 0:16:44.000 they do it, they do it with, they do it 0:16:44.040 --> 0:16:48.040 with a sort of Obviously, the tweet itself is limited 0:16:48.160 --> 0:16:51.240 in characters, so that tweets will generally be a little 0:16:51.400 --> 0:16:55.080 you know, a summation is this longer than I'm out, 0:16:57.480 --> 0:16:59.200 But they post them in a you know, in a 0:16:59.240 --> 0:17:02.720 picture box, are written out in so but yeah, the 0:17:02.800 --> 0:17:06.040 accompanying tweet is usually sort of a very pithy, you know, 0:17:06.440 --> 0:17:08.760 a very pithy round up off the tweet itself. Anyhow, 0:17:08.920 --> 0:17:11.360 I just sort of went back in went back in time, 0:17:11.440 --> 0:17:13.879 starting with some of the most recent and then you know, 0:17:13.880 --> 0:17:16.720 back to a few from earlier this year. UM and 0:17:16.760 --> 0:17:19.040 I thought, we just go through and and and see 0:17:19.040 --> 0:17:21.159 what see see what we can learn from them. So 0:17:21.240 --> 0:17:25.800 this this is from one day ago. My body had 0:17:25.840 --> 0:17:29.040 his entire wallet and n f T collection stolen via 0:17:29.119 --> 0:17:32.359 a fraudulent minting contract. He was super downbeat as it 0:17:32.400 --> 0:17:34.760 was a lot of money, and watched as the scamma 0:17:34.800 --> 0:17:38.560 began listing his n f T s on marketplaces. Then 0:17:38.680 --> 0:17:41.080 a creator of one of the n f T projects 0:17:41.119 --> 0:17:43.439 he brought into purchased a bunch of the lost n 0:17:43.480 --> 0:17:46.199 f T s and returned them to my friend, throwing 0:17:46.200 --> 0:17:48.920 in an additional free one for good measure. It makes 0:17:48.920 --> 0:17:51.359 me feel so much better about this space, knowing that 0:17:51.400 --> 0:17:54.359 there are good people building and trying to do the 0:17:54.440 --> 0:17:59.800 right things. That's That's a lovely story, man. Yeah, it's not. 0:18:00.000 --> 0:18:02.200 This isn't it. There's a lot to take from that though. 0:18:02.240 --> 0:18:04.159 I think there's there's there's a lot contained in that. 0:18:04.560 --> 0:18:08.760 UM And I think, firstly, yeah, it's absolutely right. There 0:18:08.800 --> 0:18:11.639 are I think I think there are the majority of 0:18:11.680 --> 0:18:15.200 people in crypto are good intentions. They are there there 0:18:15.240 --> 0:18:18.119 for the right reasons, and they want to make the 0:18:18.160 --> 0:18:21.320 world a better place. And you know, people building these 0:18:21.400 --> 0:18:24.360 n f T projects or these other crypto projects coins 0:18:24.440 --> 0:18:28.359 or tokens or whatever it is. I think the majority 0:18:28.440 --> 0:18:32.320 of them have have you know, are doing it for 0:18:32.600 --> 0:18:36.239 doing it to do good. And unfortunately the fact that 0:18:36.280 --> 0:18:39.679 there are bad actors out there tends to that obviously 0:18:39.720 --> 0:18:42.320 tends to hog the headlines. So for me, it was 0:18:42.359 --> 0:18:44.760 really nice to be reminded that there are good people 0:18:44.760 --> 0:18:48.720 out there. Yeah, I mean it's yeah, it's like the 0:18:48.760 --> 0:18:50.800 real world really, isn't it. It's just the real world. 0:18:50.840 --> 0:18:55.000 It's just a it's just a a section cross cross 0:18:55.040 --> 0:18:57.760 section of the real world. Um. And yeah, I'd like 0:18:57.840 --> 0:19:00.400 to know who that guy was, who that that an 0:19:00.400 --> 0:19:02.520 FT artist was, because I'd like to to go and 0:19:02.560 --> 0:19:05.200 support them. Things like that are lovely and it's kind 0:19:05.200 --> 0:19:08.320 of like it's like you get sort of Facebook pages 0:19:08.359 --> 0:19:10.440 like that, the Dodo and stuff, and they just they 0:19:10.520 --> 0:19:12.800 do nice things and you end up just crying into 0:19:12.880 --> 0:19:16.400 your smartphone thinking about how lovely some people are. It's 0:19:16.440 --> 0:19:19.440 like when you see those deaf kids, uh, and then 0:19:19.480 --> 0:19:22.680 they they get a hearing it for the first time, 0:19:23.359 --> 0:19:25.440 and and then they can start hearing and you see 0:19:25.440 --> 0:19:30.520 their their eyes just light up and they know it's amazing, lovely, lovely. Now. 0:19:30.560 --> 0:19:32.840 It is nice to be I think, because you look 0:19:32.840 --> 0:19:34.840 at the news so much and you just see, I 0:19:34.840 --> 0:19:36.879 don't know the news at the moment. The news all 0:19:36.920 --> 0:19:39.280 the time just seems to be people being dicks to 0:19:39.280 --> 0:19:43.000 each other in various inventive ways. And it is nice 0:19:43.040 --> 0:19:44.960 to be reminded that there are good people in the 0:19:44.960 --> 0:19:47.960 world and not everyone is not everyone is bad intentions, 0:19:47.960 --> 0:19:53.639 it's just just people, and people in the news are um. Yeah, 0:19:53.680 --> 0:19:56.200 and I think it does say it does have some 0:19:56.280 --> 0:19:58.919 pertinent stuff to say, you know, to remind us about 0:19:59.040 --> 0:20:02.280 just unfortunate really how many scams there are out there, 0:20:02.320 --> 0:20:05.080 you know, and you know these scams are getting more 0:20:05.200 --> 0:20:09.840 and more sophisticated, and even kind of experienced crypto users 0:20:10.040 --> 0:20:14.040 are and sometimes even developers are getting almost caught out. 0:20:14.080 --> 0:20:18.720 I saw I saw a really scary Twitter Twitter thread 0:20:18.760 --> 0:20:21.480 a couple of weeks ago from a developer on a 0:20:21.520 --> 0:20:27.399 crypto project, and they were basically targeted by scammers, and 0:20:27.520 --> 0:20:31.200 they laid out in this thread, except the scammers whole 0:20:31.280 --> 0:20:35.840 emm O and it was so sophisticated and so realistic. 0:20:35.880 --> 0:20:38.199 And this this guy, as he was going along, you know, 0:20:38.359 --> 0:20:41.200 just he just kind of spotted a couple of things 0:20:41.240 --> 0:20:43.960 that weren't quite right. You know. I think there was 0:20:44.000 --> 0:20:46.840 a spelling mistake in there somewhere, and there was something, 0:20:46.920 --> 0:20:49.119 you know, something, there's something about the tone of one 0:20:49.160 --> 0:20:51.840 of these people that said it was a really really 0:20:51.880 --> 0:20:56.159 sophisticated attack. And this guy was this guy said, you know, 0:20:56.240 --> 0:20:59.639 I only I only escaped it by the skin of 0:20:59.680 --> 0:21:02.399 my tea. It was just because you know, there's this 0:21:02.640 --> 0:21:05.880 couple of little errors went off and something didn't feel right. 0:21:06.000 --> 0:21:07.840 It's good to be reminded firstly that there are good 0:21:07.840 --> 0:21:10.320 people in the space who, you know, who want other 0:21:10.359 --> 0:21:13.320 people to have a good experience and who want to 0:21:13.320 --> 0:21:16.520 push back against these these scammers. And also it's it 0:21:16.680 --> 0:21:21.040 serves as a good reminder that scam scammers are unfortunately 0:21:21.480 --> 0:21:23.560 so prevalent at the moment, and the only way that 0:21:23.600 --> 0:21:26.400 we can be um, the only way that we can 0:21:26.440 --> 0:21:29.359 battle against them is by is by being wise to 0:21:29.400 --> 0:21:31.639 what they're doing. And also, you know, the good people 0:21:31.800 --> 0:21:35.639 sticking together as well. Yes, so I thought that was 0:21:35.840 --> 0:21:37.240 that was a nice one to start off with, a 0:21:37.240 --> 0:21:41.480 fairly kind of a fairly recent one. Let's go on, 0:21:41.560 --> 0:21:44.360 and now we'll see a few through lines. I think 0:21:44.400 --> 0:21:46.600 through some of these tweets as we go along, because 0:21:46.840 --> 0:21:49.840 this one from a couple of days ago, or from 0:21:49.880 --> 0:21:52.080 you know, a couple of days from when we're recording this. 0:21:52.400 --> 0:21:56.280 Uh so, this one also involves n f T s. 0:21:57.240 --> 0:22:00.439 Last year I made around one hundred thousand dollars just 0:22:00.560 --> 0:22:03.600 by copying a well known influences and f T picks. 0:22:03.960 --> 0:22:06.680 Bought my parents a new car, gave money to my brother, 0:22:06.840 --> 0:22:09.840 helped friends make money the same way, brand new stuff 0:22:09.880 --> 0:22:13.360 for myself, and made three n f T projects which 0:22:13.400 --> 0:22:17.560 I've dumped around twenty dollars into. All of them failed miserably. 0:22:17.800 --> 0:22:23.920 I have one left in my metal mask. Well, I mean, 0:22:24.000 --> 0:22:29.320 look that, like, there's a lot to be learned from failure. 0:22:30.160 --> 0:22:33.560 There's a lot to be learned from Look, he's still up. 0:22:33.800 --> 0:22:38.280 He's he made a hundred thousand dollars and then he 0:22:39.440 --> 0:22:43.080 you know, bought lovely things for himself and his family, 0:22:43.119 --> 0:22:45.960 and you know, gave his brother some money in and 0:22:46.040 --> 0:22:49.800 you know, his parents still have that car. And he's 0:22:49.880 --> 0:22:53.640 gambled again. Or or invested and taken another risk on 0:22:53.840 --> 0:22:59.040 some projects. And you know, he's not lost anything. He's 0:22:59.160 --> 0:23:03.760