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02:45:08
first choice it's entrained shits in
02:45:11
level 3 chain jog that only speaks
02:45:13
German and jumps through fire and
02:45:14
ignores gunshots and will rotate from
02:45:17
biting one arm to the ball so the other
02:45:18
arm on command is what I would ideally
02:45:20
choose but a girl I knew had this and so
02:45:25
now I have this so I think the person
02:45:28
just just just hold it and now go like
02:45:31
this good like Oh mini me like the one
02:45:35
trillion bitcoin hex I you the only way
02:45:41
that you could so you're still going to
02:45:43
want to borrow these coins if you want
02:45:45
to short them right so the staking of
02:45:48
the tokens will lock up supply and lock
02:45:52
it up in a way superior to any other
02:45:53
system where it's on a schedule you know
02:45:55
when those coins are
02:45:56
my off supply you do not know when
02:45:59
someone's gonna dump their Bitcoin you
02:46:00
do not know when someone's gonna dump
02:46:02
their masternode and Bitcoin hacks you
02:46:04
know when they're able to dump because
02:46:06
you see their expiration date and you
02:46:08
know they don't want to get hit on the
02:46:09
principal doing it earlier than half of
02:46:11
that date and you don't know they don't
02:46:12
want to lose their mad gains they've
02:46:14
waited so long for by doing it after the
02:46:16
half date right that's when they're
02:46:17
getting into their sweet super sweet
02:46:18
profit zone so if you're gonna have a
02:46:25
more predictable supply in the system
02:46:26
because you've got better intelligence
02:46:28
to show when coins will become available
02:46:31
on the market because any coin that's
02:46:33
not likely to hit the market would
02:46:36
obviously by a rational actor be staked
02:46:38
right so let's think in the beginning if
02:46:40
this doesn't list on exchange on week
02:46:42
one wouldn't you rather be staked than
02:46:44
just sitting and not getting gains right
02:46:46
so you've got a guess okay how many
02:46:48
other people are gonna stake when are
02:46:50
they gonna unstick - maybe dump when is
02:46:52
it gonna hit exchange
02:46:53
good luck homie good luck figuring that
02:46:56
out cuz I have no idea I don't know I
02:46:59
don't know the optimal way to make
02:47:01
optimal profit on the system yet I hope
02:47:03
that through the testing I can see some
02:47:04
really cool charts that can maybe allow
02:47:06
me to see some cool pattern that says
02:47:08
alright maybe this is the ideal way to
02:47:10
like ladder a stake right I'm not sure
02:47:14
whether it's profitable for me to tell
02:47:16
anyone what that ideal way is it's
02:47:19
probably not because then they'd
02:47:20
front-run you if you were ever gonna
02:47:22
sell anything right like she'd ever want
02:47:24
anyone to know you were trying to buy up
02:47:25
all the houses on a block you don't tell
02:47:28
anyone cuz the last guy is gonna charge
02:47:30
ya an unimaginable out right so it seems
02:47:34
like staggered stakes makes a good idea
02:47:36
maybe spreading your stakes across
02:47:38
different addresses
02:47:39
seems like a good idea although I don't
02:47:41
know how well anybody works on a theorem
02:47:43
I don't think it works that well what
02:47:47
are some other good ideas yeah like so
02:47:50
you asked about lending market you're
02:47:51
gonna need to borrow these coins to
02:47:52
short the market right so if if we list
02:47:55
on Finex which I hope we do right I hope
02:47:57
we list on all the big exchanges because
02:47:59
that is the most useful to the users my
02:48:01
opinion unless one of them turns out to
02:48:03
be evil and then we wouldn't want to
02:48:05
list on them but I don't think any of
02:48:06
them is evil today like crackin finex
02:48:09
bass Jack's polo tracks finance maybe
02:48:15
crypto Pia you know maybe maybe hit bit
02:48:21
haven't heard great things about them
02:48:23
lately
02:48:24
but you know hey it's the users problem
02:48:27
right like if if you if you have the
02:48:31
opportunity it's like what I told you
02:48:33
about that that it's something's true
02:48:35
and false at the same time so a good
02:48:38
exchange could be good early like hip it
02:48:40
was the first exchange to actually let
02:48:42
you sell your Bitcoin cash and open a
02:48:44
market for it before anyone else and
02:48:45
then a public market there was a private
02:48:49
market that opened on tracks if you
02:48:52
already had Bitcoin there they would
02:48:53
have credited you your Bitcoin cash and
02:48:54
you could dump there early without even
02:48:56
having to do it a transaction to send
02:48:58
the coins okay I can't feed you I'm
02:48:59
doing work right now baby you gotta wait
02:49:01
Oh bud sounds nice kick poor duck I want
02:49:06
a feeder so if if you if you want to
02:49:13
short the coins you're gonna need to
02:49:14
borrow them from somewhere right or have
02:49:16
a fake market that's just like
02:49:18
cash-settled you know I prefer not to
02:49:19
see because then it just creates extra
02:49:22
volatility which is unnecessary if you
02:49:24
want to see why naked shorting sucks you
02:49:26
can watch not Robert Byrne from
02:49:30
overstock he runs a website called Dark
02:49:36
capital but captured captured regulation
02:49:40
or captured regulatory or something
02:49:42
puppy I can't feed you come back here
02:49:43
cook barking he doesn't care this is
02:49:46
round off all right
02:49:48
so naked shorting isn't that great right
02:49:51
like if you look at the price chart and
02:49:52
you look at yeah three point three three
02:49:55
X margin on max you can short 100x right
02:49:59
so with the same stack you can create 30
02:50:02
you can make a order 30 times larger
02:50:04
which makes them all to a much larger I
02:50:06
haven't decided like so I haven't
02:50:08
decided whether listing on max would be
02:50:10
good or bad I don't know
02:50:13
it's about that but all the shorts have
02:50:15
to be matched by lungs right
02:50:21
[Music]
02:50:22
kind of so there's different kinds of
02:50:26
shorts and lawyers right so in the
02:50:27
futures market every short has a
02:50:28
corresponding law but on a market we
02:50:30
actually have to borrow coins to short
02:50:32
you run out of coins to borrow and
02:50:34
people can still keep longing and you
02:50:36
can't defend yourself with shorts
02:50:37
anymore because you've run it across the
02:50:38
barrio so in a cash shuttled product
02:50:40
show it's always equal Long's puppy I
02:50:42
can't feed you I sort of go hold on a
02:50:46
second I choose a buddy of mine says
02:50:54
that we're offline let me check I mean
02:50:56
our stream is good so we shouldn't be
02:50:57
offline someone in chat saying that the
02:51:01
website that Robert Byrne started is
02:51:04
called deep capture and has to do with
02:51:06
the regulatory capture of equity
02:51:08
settlements and naked shorting in the
02:51:10
United States and certain parties that
02:51:13
are a little unclean I want to make sure
02:51:16
that we're online so everyone's telling
02:51:19
me to take a break you [ __ ] you
02:51:20
[ __ ] I'll do an eight-hour stream I
02:51:23
don't need to drink pee nothing but done
02:51:26
it I actually got to go through some
02:51:28
errands do but I'm down for another one
02:51:29
what I did all right
02:51:31
oh it's they said we came back online
02:51:34
well look um I'll summarize the project
02:51:37
for you
02:51:37
we're supposed to get around the OPSEC
02:51:39
on how to protect your coins it's gonna
02:51:41
be another one I guess he has a product
02:51:43
Li that he sells it teaches you that
02:51:45
stuff from the front page of the site it
02:51:48
looked nice
02:51:48
well shall it go ahead yeah yeah so I
02:51:52
started this workshop I mean I've been
02:51:53
doing this for three four years with
02:51:55
private clients you know and for myself
02:51:58
paranoid as I'm paranoid and basically I
02:52:01
put it together into a workshop and I'm
02:52:03
gonna do the first of this version of
02:52:06
the workshop at an hour capaco that's
02:52:08
February mid-february this year in
02:52:11
Mexico Acapulco Mexico Vegas
02:52:13
anarcho-capitalist conference in the
02:52:15
world they got Ron Paul Judge Napolitano
02:52:17
Doug Casey and a bunch of others
02:52:19
libertarians celebrity Rian's
02:52:22
never heard that before that's new yeah
02:52:26
like it
02:52:26
it's it's hilarious and I mean Jeffrey
02:52:29
Tucker celebrity Rhea number one oh yeah
02:52:32
oh yeah
02:52:33
Jeffrey Tucker is gonna be there I
02:52:34
wanted to base all the
02:52:35
our life dude this is the place that's
02:52:38
where I debated Roger last year and it
02:52:40
was basically one of the best expanding
02:52:42
crypto a lot of good yeah that was very
02:52:44
good it was nice to see actual oh geez
02:52:46
like I'm usually the Omaha Bitcoin og
02:52:49
when I go somewhere it's like nice to
02:52:50
meet a couple others so hard it's so
02:52:53
weird that was the only guy defending
02:52:55
Bitcoin there that died years yeah like
02:52:58
I'm still more than happy to defend
02:53:00
Bitcoin it is very easy to defend
02:53:02
it's also just very exact she's like
02:53:04
aetherium I know everything that sucks
02:53:05
about it and it's a lot and I also know
02:53:07
this the best for what I want to do and
02:53:09
I know Bitcoin sucks for a lot of
02:53:11
reasons and it's also the best for a lot
02:53:12
of reasons like that's what that's it's
02:53:15
why it sucks cuz like so if you're
02:53:17
traitor right in your room you're in a
02:53:19
room with a bunch of other traders and
02:53:21
you're chatting and you're like here's
02:53:22
why we could go long and get react or
02:53:24
here's what you feel short and get rekt
02:53:25
everybody hates your perspective because
02:53:28
it it hurts them more to hear how it can
02:53:31
go wrong then the feeling of it going
02:53:33
right and then you just like [ __ ] I'm
02:53:35
gonna stop sharing my perspectives
02:53:36
because I just basically make both sides
02:53:40
hate me right so I feel that same way
02:53:42
about talking about a theme of respect
02:53:43
clean the Bitcoin maximalist here me
02:53:45
should talk on there baby and then they
02:53:47
don't hear the good things I say right
02:53:48
after right and then they could hear him
02:53:50
guys I don't know maybe they're more
02:53:52
friendly so truth I met a lot of nice
02:53:53
guys I think it's a federated you know
02:53:56
not that censorship resistant coin since
02:53:58
I've already brought back and taking
02:54:00
people's coins by design yeah puppy all
02:54:03
right I'm gonna feed my dog yes I swear
02:54:05
to god I'm gonna feed you guys go to
02:54:07
Bitcoin hex calm put your email in there
02:54:09
it's never been emailed the list yet but
02:54:11
I'm actually gonna email it soon go to
02:54:13
TM a forward slash straight big chatroom
02:54:15
TDMA for slash Bitcoin hacks we got a
02:54:18
cool bunch of gifs awesome looking you
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