WEBVTT - Tech News: Flying Spiders of Mars

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<v Speaker 1>Welcome to tech Stuff, a production from I Heart Radio.

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<v Speaker 1>Hey there, and welcome to tech Stuff. My name is

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<v Speaker 1>Jonathan Strickland. I happened to be an executive producer with

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<v Speaker 1>I Heart Radio, and I also happened to love all

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<v Speaker 1>things tech. And this is the tech news for Tuesday, April. Yes,

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<v Speaker 1>it is four twenty, a number that has significance for

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<v Speaker 1>some reason. I wouldn't know, as I am a boring

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<v Speaker 1>old person. No, I mean I know why the number

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<v Speaker 1>has significance. I just you know, again, the boring old

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<v Speaker 1>person is absolutely true. I will also say, though, that

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<v Speaker 1>I have enjoyed a dose of something recently, that being

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<v Speaker 1>the second dose of the Fiser vaccine. I got the

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<v Speaker 1>first dose a few weeks ago. Turned out that that's

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<v Speaker 1>the only way they would give it to me. I

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<v Speaker 1>had to take the first dose and then the second dose.

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<v Speaker 1>I tried to convince some to reverse that, and they

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<v Speaker 1>said it doesn't work that way. I will say also

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<v Speaker 1>that the shot itself wasn't bad at all. It did

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<v Speaker 1>make my arm really sore both times, and the second

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<v Speaker 1>time I felt a little icky the evening after I

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<v Speaker 1>got my shot. I got my shot in the afternoon.

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<v Speaker 1>By that evening, I wasn't feeling so great. Next day

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<v Speaker 1>I felt great. The next day I did not feel great.

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<v Speaker 1>So it was a real up and down. But I

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<v Speaker 1>have received both of those shots, and a couple of

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<v Speaker 1>weeks I should be fully vaccinated. I'll still be wearing

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<v Speaker 1>a mask. I'll still be socially distancing, because I want

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<v Speaker 1>to be as safe as possible, not just for myself,

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<v Speaker 1>but for others in my community and their loved ones.

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<v Speaker 1>And I urge all of those listening who have the

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<v Speaker 1>opportunity to get vaccinated to do so. I realized it

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<v Speaker 1>can be difficult depending on where you are. It was

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<v Speaker 1>a bit of a challenge here in Georgia. If I'm

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<v Speaker 1>being honest, we are a state that is still ruggling

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<v Speaker 1>to get up to speed with the rest of the US.

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<v Speaker 1>But I like being able to see light at the

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<v Speaker 1>end of the tunnel stay safe. The more we do that,

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<v Speaker 1>the fewer variants we will see, and the better chance

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<v Speaker 1>we'll have of establishing a normal that doesn't involve everybody

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<v Speaker 1>staying at home all the time. All right, got all

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<v Speaker 1>that all the way, Let's move on to some tech news.

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<v Speaker 1>My top story is that ingenuity a k a. The

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<v Speaker 1>little experimental drone helicopter that could has taken its first

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<v Speaker 1>flight on Mars. This was the high risk experiment, meaning

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<v Speaker 1>that there was never any guarantee of success. The engineers

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<v Speaker 1>here on Earth could only try and design an autonomous

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<v Speaker 1>flying vehicle and hope that it would work in Mars'

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<v Speaker 1>thin atmosphere. And it did work. This is incredibly exciting news,

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<v Speaker 1>at least to me, and I assume for at least

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<v Speaker 1>some of you out there as well. Because of the

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<v Speaker 1>distance between Earth and Mars, Ingenuity had actually made its

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<v Speaker 1>flight and landed several minutes before we knew about it.

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<v Speaker 1>It takes time for signals to travel that much distance

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<v Speaker 1>between Earth and Mars, and so Earth celebrated hearing about

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<v Speaker 1>it around sixty six in the morning Eastern Time, but

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<v Speaker 1>Ingenuity had technically set its feet down on the soil

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<v Speaker 1>for more than ten minutes. The delay in signals means

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<v Speaker 1>that it is impossible for a human pilot to guide Ingenuity.

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<v Speaker 1>There's just a ten minute lag is just way too much,

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<v Speaker 1>and that's why it has to be an autonomous device.

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<v Speaker 1>Ingenuity spun its rotors at around revolutions per minute. Helicopters

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<v Speaker 1>back here on Earth average out at around four hundred

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<v Speaker 1>to five d rpm, and that was just to generate

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<v Speaker 1>enough lift to carry this very light device through the

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<v Speaker 1>thin Martian atmosphere. The flight lasted about thirty nine point

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<v Speaker 1>one seconds. It re an altitude of around ten feet

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<v Speaker 1>or three meters, and NASA may conduct as many as

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<v Speaker 1>four additional test flights if Ingenuity is up for it.

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<v Speaker 1>The little chopper hitched a ride with the rover Perseverance,

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<v Speaker 1>but unlike the rover, Ingenuity isn't carrying any scientific equipment.

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<v Speaker 1>It has a camera so it can take pictures, and

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<v Speaker 1>it has the sensors it needs to achieve flight and

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<v Speaker 1>maintain flight, but that's about it. So this is really

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<v Speaker 1>the beginning of something really exciting. It means that NASA

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<v Speaker 1>and other space agencies could potentially design other autonomous aircraft

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<v Speaker 1>that can perform actual scientific observations in Martian atmosphere down

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<v Speaker 1>the road, which is pretty darn neat if you ask me.

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<v Speaker 1>Over the weekend, a couple of cryptocurrency stories lead to

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<v Speaker 1>Bitcoin's value dropping fairly quickly, almost like I picked the

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<v Speaker 1>wrong week to invest in cryptocurrencies now. For one, the

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<v Speaker 1>Nation of turn Key has banned crypto payments arguing that

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<v Speaker 1>cryptocurrency represents possible transaction risks and could lead to irreparable damage.

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<v Speaker 1>As such, the country's government forbids the use of cryptocurrencies

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<v Speaker 1>to pay for goods or services in the country of Turkey.

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<v Speaker 1>The lack of regulation was really the big sticking factor apparently,

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<v Speaker 1>and I have some thoughts on this now. It's no

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<v Speaker 1>secret that I think bitcoin is a pretty lousy currency

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<v Speaker 1>because the value of the coin is so volatile. It

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<v Speaker 1>would be like waking up to find that one day

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<v Speaker 1>a dollar bill could buy you a candy bar, and

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<v Speaker 1>the next day you find out that dollar bill could

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<v Speaker 1>buy you a dozen candy bars, and maybe in a

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<v Speaker 1>year or two, that dollar bill would be able to

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<v Speaker 1>buy you an entire candy store, all with just one dollar.

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<v Speaker 1>The dollar didn't change, it's it's purchasing value changed. But

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<v Speaker 1>this is an issue that could potentially work out much

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<v Speaker 1>further down the road and the future, should the value

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<v Speaker 1>of bitcoin stabilize. And there's no reason that you'd ever

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<v Speaker 1>use a single bitcoin for purchase. You're far more likely

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<v Speaker 1>to use just a tiny fraction of a bitcoin to

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<v Speaker 1>do it. In fact, the vast majority of bitcoin owners

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<v Speaker 1>don't own a whole bitcoin anyway. That's a different matter

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<v Speaker 1>than to suggest that the transactions themselves are risky. And

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<v Speaker 1>I know I've talked about bitcoin exclusively, but this really

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<v Speaker 1>applies to all cryptocurrencies. They just aren't all as volatile

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<v Speaker 1>or valued as Bitcoin happens to be. I would say

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<v Speaker 1>that the blockchain approach is actually very much not risky.

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<v Speaker 1>I would argue it's incredibly stable and visible. I suppose

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<v Speaker 1>you could argue that it would be risky if, for

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<v Speaker 1>whatever reason the value of the coin drops drastically, but

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<v Speaker 1>that can happen with fiat currencies, that can happen with anything,

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<v Speaker 1>So this move seems a bit disingenuous to me. Maybe

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<v Speaker 1>it's more that if it's outside the control of the government,

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<v Speaker 1>it's scary that kind of thing. After the announcement, Bitcoin's

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<v Speaker 1>value took a hit and it dropped about four percent

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<v Speaker 1>in value. However, it was still above sixty tho dollars

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<v Speaker 1>for the moment. Now that leads to the next story,

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<v Speaker 1>because I mean it got worse for bitcoin. On Saturday.

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<v Speaker 1>It dropped again in value. A massive amount of bitcoin

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<v Speaker 1>was sold off, and that meant that there was a

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<v Speaker 1>flood of bitcoins into the market. And that dropped the

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<v Speaker 1>value of bitcoin compared to the US dollar. And it's

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<v Speaker 1>a basic supply and demand thing. When supply ends up

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<v Speaker 1>suddenly increasing, then you typically see the price dropped because

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<v Speaker 1>the demand is now overshadowed by supply. So now that

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<v Speaker 1>sixty five thousand dollar bitcoin is down to about fifty

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<v Speaker 1>six thousand dollars, it's a nine thousand dollar drop. Amusing

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<v Speaker 1>estimates because the value change just so much, and a

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<v Speaker 1>nine thousand dollar drop is a lot of money, but

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<v Speaker 1>fifty six thousand dollars is a lot of money. However,

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<v Speaker 1>it means that if you were someone who had been

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<v Speaker 1>investing in bitcoin just as it was hitting sixty dollars,

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<v Speaker 1>now you would see the value of that investment has

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<v Speaker 1>just dropped a pretty significant amount. Some outlets have used

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<v Speaker 1>the word plunge to describe bitcoin's value, but I think

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<v Speaker 1>that's a bit too alarmist and extreme. So you might ask,

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<v Speaker 1>why was there this big flood of bitcoins sold back

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<v Speaker 1>into the market, why were they converted over? Well, the

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<v Speaker 1>the answer for that is not entirely clear, but there

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<v Speaker 1>are a few theories, and one is that investors who

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<v Speaker 1>were attempting to buy bitcoin on margin had their margin.

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<v Speaker 1>Called buying on margin is when an investor puts up

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<v Speaker 1>some money as collateral for a loan of more money

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<v Speaker 1>in order to make an investment. So, for example, let's

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<v Speaker 1>say I wanted to invest ten thousand dollars in bitcoin,

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<v Speaker 1>but I've only scraped together five thousand dollars. Well, I

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<v Speaker 1>could buy on margin by putting up my five grand

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<v Speaker 1>as collateral and then getting a loan for the ten

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<v Speaker 1>thousand dollars, which then I put into bitcoin. But the

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<v Speaker 1>lender at any time could end up calling my margin

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<v Speaker 1>and they demand I repay their loan of ten thousand dollars.

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<v Speaker 1>Now that five thousand dollar collateral will go to some

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<v Speaker 1>of that, but I have to cover the rest. And

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<v Speaker 1>if the price of bitcoin has dropped significantly, it would

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<v Speaker 1>mean that I'm out a good deal of money. So

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<v Speaker 1>sometimes people who lend on margin are asking for the

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<v Speaker 1>payment back if they perceive a drop in value. So,

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<v Speaker 1>in other words, Turkey says, we don't want to use

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<v Speaker 1>cryptocurrency in our country. Bitcoin's value takes a hit, the

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<v Speaker 1>lenders say, I don't want to lose money on this,

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<v Speaker 1>so I'm gonna call in my margins now. And then

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<v Speaker 1>you have a bunch of investors who are selling off

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<v Speaker 1>bitcoin in order to cover their margin, uh and not

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<v Speaker 1>to lose too much money. That would in turn mean

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<v Speaker 1>that you get this flood of bitcoins, saying the market

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<v Speaker 1>and the value could take another hit, dropping like fi

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<v Speaker 1>Insto just four. But that's just one possible theory. Another

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<v Speaker 1>is that it may be that a couple of major

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<v Speaker 1>cryptocurrency owners, which the current the community tends to refer

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<v Speaker 1>to as whales, sold off a lot of coin in

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<v Speaker 1>the hope of making that price drop. And here's the

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<v Speaker 1>logic behind that. Okay, you are a fat cat whale,

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<v Speaker 1>which I realized is combining a lot of animals. But

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<v Speaker 1>you've got a ton of bitcoin, is what I'm trying

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<v Speaker 1>to say. And for the scenario, let's say that the

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<v Speaker 1>bitcoin is valued at sixty five thousand U S dollars

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<v Speaker 1>per bitcoin. You've got tons of these things, so you decide, hey,

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<v Speaker 1>I'm gonna really make some money, and you convert your

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<v Speaker 1>bitcoins into US dollars. You're effectively selling your bitcoins back

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<v Speaker 1>into the market. You make billions of dollars because you've

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<v Speaker 1>got so many bitcoins. But by offloading all those bitcoins,

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<v Speaker 1>it causes the value of bitcoin itself to drop down

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<v Speaker 1>and it ends up settling around fifty six thousand dollars

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<v Speaker 1>per bitcoin. Now you buy back all those bitcoins you sold,

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<v Speaker 1>plus some extra because you've made a lot of US dollars,

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<v Speaker 1>and now the bitcoin compared to the US dollar is

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<v Speaker 1>worth slightly less than it was before, so you can

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<v Speaker 1>actually buy more of it, and then you just wait

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<v Speaker 1>for the bitcoin value to grow again. So occasionally you

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<v Speaker 1>might dump a ton of cryptocurrency, dropping the value of

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<v Speaker 1>the currency as the in the process, then buy it

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<v Speaker 1>back and make it into a long term investment. That

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<v Speaker 1>means like you'd be safe from stuff. I mean, if

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<v Speaker 1>worst case scenario, you you just get out of the market,

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<v Speaker 1>you've got billions of dollars which you can, you know,

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<v Speaker 1>do whatever you want with, but other investors could end

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<v Speaker 1>up suffering, at least in the short term. So it's

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<v Speaker 1>it's a move that a lot of people in the

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<v Speaker 1>cryptocurrency community considered to be um dirty pool, I guess

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<v Speaker 1>you could say. Meanwhile, one problem that bitcoin has, whether

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<v Speaker 1>the value is high or low, is that the process

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<v Speaker 1>of mining bitcoins requires a lot of electricity, and this

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<v Speaker 1>is directly tied to bitcoin's value. So we have to

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<v Speaker 1>talk about how bitcoin mining works from a very very

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<v Speaker 1>high level. So essentially, the way bitcoin mining works is

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<v Speaker 1>that computers all connected to the Bitcoin network compete against

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<v Speaker 1>each other in an effort to guess a really big number.

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<v Speaker 1>Now I'm oversimplifying a bit here, but that's the basic idea.

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<v Speaker 1>So the computer that does guess the correct really big

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<v Speaker 1>number first effectively verifies a block of transactions for the

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<v Speaker 1>blockchain and is rewarded in return with a certain or

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<v Speaker 1>of bitcoins. The number of bitcoins gradually decreases over time,

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<v Speaker 1>but right now it's at six point two five bitcoins

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<v Speaker 1>per block, and about a hundred forty four blocks get

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<v Speaker 1>mined every single day. And since each bitcoin is worth

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<v Speaker 1>more than fifty thou dollars, that adds up to a

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<v Speaker 1>lot of money. So if you buy a really fast computer,

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<v Speaker 1>like Screaming Lee Fast, even if that means you're sinking

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<v Speaker 1>thousands of dollars into buying that computer, you could potentially

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<v Speaker 1>make all that back through mining, as long as your

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<v Speaker 1>computer is faster than all the others on the Bitcoin

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<v Speaker 1>network at guessing that really big number. Except we are

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<v Speaker 1>well beyond talking about just fast computers. Were now up

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<v Speaker 1>to fast computer networks and server farms running multiple graphics

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<v Speaker 1>processing units in parallel trying to guess these numbers, and

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<v Speaker 1>these networks require an enormous amount of like tricity as

0:14:00.720 --> 0:14:02.760
<v Speaker 1>they try to be the first to get to that

0:14:02.840 --> 0:14:06.920
<v Speaker 1>solution before any other computer can manage it. As the

0:14:06.960 --> 0:14:11.280
<v Speaker 1>price of bitcoin goes up, the competition gets more fierce. Now,

0:14:11.320 --> 0:14:14.360
<v Speaker 1>at some point we should reach a stage in which

0:14:14.400 --> 0:14:17.240
<v Speaker 1>the rewards you get from mining a block will be

0:14:17.320 --> 0:14:21.120
<v Speaker 1>small enough that the computer systems will drop off the

0:14:21.160 --> 0:14:24.200
<v Speaker 1>network because it would actually cost more money to run

0:14:24.320 --> 0:14:28.120
<v Speaker 1>the systems than you would make in mining, so you

0:14:28.160 --> 0:14:30.080
<v Speaker 1>would be it would be a losing proposition. You'd be

0:14:30.120 --> 0:14:33.680
<v Speaker 1>spending more money just paying for electricity. Then you would

0:14:33.720 --> 0:14:38.160
<v Speaker 1>get out of the successful blocks that you mind. At

0:14:38.160 --> 0:14:41.280
<v Speaker 1>that point, the number that computers have to guess will

0:14:41.280 --> 0:14:44.840
<v Speaker 1>actually be easier to guess. The guessing game gets harder

0:14:45.240 --> 0:14:49.040
<v Speaker 1>as more computational power is directed at getting the right answer.

0:14:49.200 --> 0:14:52.920
<v Speaker 1>It's a dynamic system, which is pretty cool, But this

0:14:53.000 --> 0:14:56.640
<v Speaker 1>means that more electricity goes into mining bitcoins right now

0:14:57.120 --> 0:15:00.040
<v Speaker 1>than is used by some countries on a day a

0:15:00.080 --> 0:15:04.000
<v Speaker 1>league basis. That blows my mind. Well, China recently responded

0:15:04.040 --> 0:15:09.120
<v Speaker 1>to this problem. Inner Mongolia is the world leader when

0:15:09.120 --> 0:15:12.320
<v Speaker 1>it comes to bitcoin mining. It's responsible for eight percent

0:15:12.440 --> 0:15:17.480
<v Speaker 1>of all bitcoin mining, largely because Inner Mongolia is an

0:15:17.480 --> 0:15:20.600
<v Speaker 1>industrial region within China. You've got a lot of fossil

0:15:20.680 --> 0:15:25.680
<v Speaker 1>fuel mining and UH power companies located in Inner Mongolia.

0:15:25.960 --> 0:15:30.000
<v Speaker 1>So electricity in Inner Mongolia is significantly cheaper than it

0:15:30.080 --> 0:15:32.760
<v Speaker 1>is in other parts of the world. So that means

0:15:33.200 --> 0:15:37.920
<v Speaker 1>that your profit margins of running a mining cryptocurrency operation

0:15:38.400 --> 0:15:41.840
<v Speaker 1>in Inner Mongolia are much better. You're spending less money

0:15:41.920 --> 0:15:45.160
<v Speaker 1>just to run the systems. UH. The United States, by

0:15:45.160 --> 0:15:47.280
<v Speaker 1>the way, is that seven point two percent of all

0:15:47.320 --> 0:15:50.200
<v Speaker 1>bitcoin mining, So that shows you Inner Mongolia, just one

0:15:50.240 --> 0:15:54.120
<v Speaker 1>region in China, is responsible for more bitcoin mining than

0:15:54.240 --> 0:15:58.800
<v Speaker 1>the entire United States. Well. Now, China has banned cryptocurrency

0:15:58.880 --> 0:16:02.280
<v Speaker 1>mining in Inner Mongol y because the electricity requirements have

0:16:02.400 --> 0:16:06.560
<v Speaker 1>led to increased fossil fuel consumption. China has also struggled

0:16:06.840 --> 0:16:10.040
<v Speaker 1>between supporting cryptocurrency is a potential way for the country

0:16:10.120 --> 0:16:14.200
<v Speaker 1>to generate wealth versus the fact that as a deregulated,

0:16:14.280 --> 0:16:20.000
<v Speaker 1>decentralized commodity, the Chinese government doesn't really have regulatory authority

0:16:20.120 --> 0:16:23.240
<v Speaker 1>over the currency itself. And man, this just shows that

0:16:23.360 --> 0:16:28.880
<v Speaker 1>it's tough when your greed does battle with your authoritarian sensibilities.

0:16:29.520 --> 0:16:32.840
<v Speaker 1>My heart goes out to China. Over in the UK,

0:16:33.280 --> 0:16:36.520
<v Speaker 1>a regulatory body called the c m A, which focuses

0:16:36.560 --> 0:16:41.320
<v Speaker 1>on preventing, you know, anti competitive practices, raised concerns about

0:16:41.360 --> 0:16:46.400
<v Speaker 1>in Vidio's acquisition of microchip designer ARM. Now. According to

0:16:46.560 --> 0:16:49.760
<v Speaker 1>c m A, the concern is that the sale of

0:16:49.840 --> 0:16:54.520
<v Speaker 1>ARM could potentially create national security issues for the United Kingdom. Arm,

0:16:54.720 --> 0:16:58.120
<v Speaker 1>I should point out, originated in the UK, and the

0:16:58.240 --> 0:17:03.480
<v Speaker 1>Digital Secretary Oliver Dalton has issued an intervention notice, essentially

0:17:03.520 --> 0:17:06.159
<v Speaker 1>putting the acquisition on hold, so that the c m

0:17:06.240 --> 0:17:09.800
<v Speaker 1>A might ponder whether there would be any national security

0:17:09.840 --> 0:17:14.000
<v Speaker 1>issues should the sale go through. But and Video was

0:17:14.040 --> 0:17:17.520
<v Speaker 1>to purchase ARM from the Japanese mega company soft Bank,

0:17:17.800 --> 0:17:22.600
<v Speaker 1>which first acquired ARM back in so I guess the

0:17:22.640 --> 0:17:26.359
<v Speaker 1>concern is that a non UK company might purchase a

0:17:26.520 --> 0:17:31.120
<v Speaker 1>UK based company from a different non UK company. I mean,

0:17:31.160 --> 0:17:35.520
<v Speaker 1>if if soft Bank could acquire ARM and there were

0:17:35.560 --> 0:17:39.879
<v Speaker 1>no national security issues stopping that acquisition, why does that

0:17:39.960 --> 0:17:45.680
<v Speaker 1>potentially change when the company doing the acquisition is in Video. Still,

0:17:45.800 --> 0:17:50.080
<v Speaker 1>I think it's appropriate to scrutinize big acquisition deals because

0:17:50.119 --> 0:17:52.359
<v Speaker 1>there's always a chance that such a deal will reduce

0:17:52.400 --> 0:17:56.040
<v Speaker 1>competition in the market, which gives consumers fewer choices. It

0:17:56.119 --> 0:18:00.280
<v Speaker 1>leads to some pretty lousy consequences for everybody apart from

0:18:00.320 --> 0:18:04.159
<v Speaker 1>whatever company holds the monopoly. I just didn't anticipate the

0:18:04.240 --> 0:18:07.119
<v Speaker 1>national security angle. I think there's a good reason to

0:18:07.160 --> 0:18:09.960
<v Speaker 1>look into it. I just I mean, I don't see

0:18:09.960 --> 0:18:12.800
<v Speaker 1>where national security comes in. However, I also admit I

0:18:12.840 --> 0:18:15.600
<v Speaker 1>am not an expert on these matters, and I could

0:18:15.640 --> 0:18:22.080
<v Speaker 1>really be missing something really obvious. Finally, starting today, certain

0:18:22.359 --> 0:18:26.680
<v Speaker 1>Xbox Cloud Ultimate subscribers who have a Windows ten PC

0:18:27.080 --> 0:18:29.879
<v Speaker 1>or an Apple phone or tablet will be able to

0:18:29.960 --> 0:18:33.199
<v Speaker 1>stream a selection of about a hundred Xbox games to

0:18:33.320 --> 0:18:37.760
<v Speaker 1>those devices over browsers like Google Chrome, Safari, or of course,

0:18:37.960 --> 0:18:43.159
<v Speaker 1>Microsoft Edge. The company is opening this up gradually, and

0:18:43.240 --> 0:18:45.320
<v Speaker 1>so the first folks who will get a chance to

0:18:45.400 --> 0:18:48.879
<v Speaker 1>test this out will be a limited selection of Xbox

0:18:48.920 --> 0:18:52.160
<v Speaker 1>Game Pass Ultimate subscribers, who should be on the lookout

0:18:52.200 --> 0:18:56.119
<v Speaker 1>for an email notification from Microsoft. Players will need a

0:18:56.160 --> 0:18:59.520
<v Speaker 1>game controller that can connect to their computer via USB

0:18:59.800 --> 0:19:04.920
<v Speaker 1>or lue tooth. Fun fact that includes PlayStation four controllers,

0:19:05.000 --> 0:19:09.560
<v Speaker 1>so you can finally play Xbox games on the inferior

0:19:09.640 --> 0:19:14.240
<v Speaker 1>PlayStation game controller. Yeah. I know that's an opinion, it's

0:19:14.280 --> 0:19:17.840
<v Speaker 1>not a fact. A lot of folks probably disagree. They

0:19:17.920 --> 0:19:21.439
<v Speaker 1>love the PS four controller. But while I felt the

0:19:21.440 --> 0:19:25.720
<v Speaker 1>PS four was an improvement over earlier PlayStation controllers, I

0:19:25.760 --> 0:19:28.440
<v Speaker 1>still don't like those controllers very much. I find them

0:19:28.440 --> 0:19:31.639
<v Speaker 1>really cramped. Anyway, It's been a couple of years since

0:19:31.680 --> 0:19:35.920
<v Speaker 1>Microsoft really invested heavily in game streaming with the Xbox

0:19:35.920 --> 0:19:40.119
<v Speaker 1>Cloud service, which was previously called Project x Cloud. Uh,

0:19:40.240 --> 0:19:43.920
<v Speaker 1>subscription models bring in a guaranteed revenue month after month.

0:19:44.000 --> 0:19:46.680
<v Speaker 1>I mean, typically you can only sell a video game

0:19:46.840 --> 0:19:51.359
<v Speaker 1>once to each customer, unless you're me and you happen

0:19:51.440 --> 0:19:53.560
<v Speaker 1>to be one of those people who buys the same

0:19:53.600 --> 0:19:57.240
<v Speaker 1>game multiple times for different platforms. I have done that,

0:19:57.520 --> 0:19:58.919
<v Speaker 1>but most of the time you can only sell a

0:19:58.920 --> 0:20:01.240
<v Speaker 1>game once. If you do have a game that has

0:20:01.240 --> 0:20:04.320
<v Speaker 1>a subscription model, you know, like some online games, is

0:20:04.359 --> 0:20:07.080
<v Speaker 1>a little bit different, but this is a way for

0:20:07.200 --> 0:20:11.000
<v Speaker 1>Microsoft to generate an enormous amount of revenue month after month.

0:20:11.040 --> 0:20:15.720
<v Speaker 1>It becomes a kind of guaranteed income source. And when

0:20:15.720 --> 0:20:18.320
<v Speaker 1>it comes to the Ultimate subscription. You're looking at a

0:20:18.400 --> 0:20:23.040
<v Speaker 1>fifteen dollar per month fee. I am an Xbox uh

0:20:23.400 --> 0:20:27.840
<v Speaker 1>gain Pass subscriber, but I don't have the Ultimate subscription.

0:20:28.240 --> 0:20:30.040
<v Speaker 1>I think I have the Basic, so I will not

0:20:30.080 --> 0:20:33.240
<v Speaker 1>be part of this initial round. I will have to wait.

0:20:33.800 --> 0:20:36.199
<v Speaker 1>But in return for your subscription, you do have access

0:20:36.240 --> 0:20:38.360
<v Speaker 1>to a hundred titles that you can stream to your

0:20:38.520 --> 0:20:42.159
<v Speaker 1>Xbox console or starting today for some of y'all just

0:20:42.240 --> 0:20:46.800
<v Speaker 1>not me, a browser which is Bring nifty. Okay, So

0:20:46.880 --> 0:20:49.919
<v Speaker 1>that's all the news I have for you for Tuesday April.

0:20:50.720 --> 0:20:52.320
<v Speaker 1>That's kind of a lie. I actually had a couple

0:20:52.320 --> 0:20:54.280
<v Speaker 1>of other stories, but I didn't want to run too long.

0:20:54.640 --> 0:20:57.440
<v Speaker 1>But stay tuned this week. You will get another news

0:20:57.480 --> 0:20:59.640
<v Speaker 1>episode later in the week. And if you have any

0:20:59.640 --> 0:21:02.160
<v Speaker 1>suggest questions for topics I should cover on tech Stuff,

0:21:02.160 --> 0:21:04.919
<v Speaker 1>reach out to me on Twitter. The handle is text

0:21:04.920 --> 0:21:07.879
<v Speaker 1>stuff H s W and I will talk to you

0:21:07.920 --> 0:21:16.920
<v Speaker 1>again really soon. Text Stuff is an I Heart Radio production.

0:21:17.160 --> 0:21:19.960
<v Speaker 1>For more podcasts from my Heart Radio, visit the I

0:21:20.080 --> 0:21:23.320
<v Speaker 1>Heart Radio app, Apple Podcasts, or wherever you listen to

0:21:23.359 --> 0:21:24.280
<v Speaker 1>your favorite shows.