Episode 10 LetsTalkBitcoin

8/13/2019 Episode 10 LetsTalkBitcoin

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Transcription of Episode 10 A Brave, New World

Participants:

Adam B. Levine (AL) Host

Andreas M. Antonopolous (A.A.) Co-host

Stephan Murph (SM) Co-host

Andreas Petersson (AP) - !itcoinupdate.com

"ustice (") Listener #ho !rie$l appears at %&':

AL

Hello ever!od* Adam B. Levine here. + #ant to #elcome ou to this special

episode o$ Lets,alBitcoin. ecorded at the ver end oc the con$erence*

Stephanie Murph and + #ere /oined $or this late ni0ht roundup ! Andreas

Petersson o$ Bitcoin1pdate.com. +n this episode #e discuss our $avorite thin0s*

our thou0hts* our vie#s and our hopes. + hope that ou en/o this episode as

much as #e en/oed main0 it.

SM

2otta have the hat #hen ou #rap up the part.

AL

3ell +4m trin0 to create this anachronistic vi!e #here +4ve 0ot the suspenders

0oin0 on and +4ve 0ot the.. + al#as #ear suspenders a0ain + have this idea that/ournalism is this dead art $rom a past a0e and i$ ou can replicate the vi!e ou

can !rin0 it !ac.

SM

5ou do and ou4ve 0ot our !ad0e on our shirt /ust lie an old school. 5ou loo

lie ou stepped out o$ the 6784s.

AP


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5eah* it4s cra9. +t4s 0reat.

AL

Here #e 0o one last time.

AP

+4ll !e honest a!out it. +t4s oa i$ ou are tired.

SM

+s Andreas Antonopolous comin0

AL

;o he4s not* he4s...

SM


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AL

,he Bitcoin1pdate.com #hich is the #orld4s onl and !est 0erman lan0ua0e and

!itcoin speci$ic podacst and ou 0us are #eel* ri0ht

AP

=>actl. 5eah* eah #e do record #eel as $ar as it4s possi!le. So $ar #e4ve

made it #eel. And #e started out as a ver small podcast in a se0ment in an

open-source podcast #here there4s a lot o$ !eer !ein0 consumed. People lie me

/ust met on the street and taled a!out open-source and the topic al#as circled

around !itcoin. So it #as ind o$ tain0 a (inaudi!le :8:6) podcast so #e

decided to mae a se0ment dedicated to that and spin it o$$ and + thin that4s

!een a 0ood success so $ar.

AL

3ell* + don4t spea 2erman !ut + hear 0ood thin0s. So i$ ou 0us start doin0

transcripts +4ll !e a!le to 0et $eed!ac on our content !ut as it stands ri0ht no#.

So + 0uess #e should pro!a!l insure ourselves at this point. So #hat* it4s a!out

6: on #hat* Sunda the last da o$ the Bitcoin ?estival* Bitcoin Con$erence

86 and #e are all dead e>hausted.

AP

+t4s a #eird $eelin0* ri0ht !e$ore the han0over. +s that correct

SM

+ thin this is the han0over.

AP

,his is the han0over 5ou have to sleep to have a han0over.

AL

So this #as a* this #as a hell o$ a htin0* #asn4t it. 5ou no# + no# that + had

prett hi0h e>pectations 0oin0 into it !ecause + #as thinin0 that this is

somethin0 that4s comin0* the time is ri0ht. ,here4s a lot o$ people comin0 in $rom


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all over the #orld !ut it reall !le# me a#a +4ve 0ot to sa. Andreas so ou #ere

here !oth as a vendor !ut that4s the #ron0 #ord. 5ou #ere here displain0 $or

Mcelean #hich #as reall one o$ the most interestin0 pro/ects.

SM

He #as one o$ the !ooth !a!es. ;o +4m /ust iddin0.

AP

5eah* eah #e had nice !ooth !a!es. And #ere #ere the main sponsors actuall

o$ this con$erence. And #e tried to present our plat$orm to the 0eneral audience

and /ust 0et some $eed!ac on it. So our main product #ill !e the Bitcoin Cart.

So the BitcoinCart.or0 ou can see an inspirational video that is sort o$ a vision o$#hat is 0oin0 to come. ,he $irst iteration #e are 0oin0 to sho# is 0oin0 to !e a

ilttle !it do#n to earth.

SM

3hat are the other products Because + #as onl a#are o$ the BitcoinCart.

AP

5eah so the BitcoinCart is the main product and to support it #e #ill create a

#hole !unch o$ additional products that ou can use #ith it so the Mcelean

#allet #il !e in the pla store hope$ull ver soon actuall. And #e #ill have

solutions $or merchants to use !itcoin in a ver eas #a. So ou can sell our

products $or !itcoin ver easil and ou don4t have a currenc ris. And ou4d

have con$irmations and #e 0uaranteed that ou #ill 0et the mone. But that4s

a little !it $ar out in the $uture so ou can4t 0et that ri0ht no#. ,he #allet #ill

pro!a!l !e the $irst thin0 that #ill !e availa!le $or Mcelean.

AL

So #e4re actuall have Ale> the visionar !ehind that product on as soon as he

0ets !ac $rom Mosco#. + spent m entire esterda !asicall !ooin0 our ne>t &

#ees #orth o$ 0uests.

SM

2od* Loo at ou.


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AL

3ell* Stephanie* 2od* ou recorded lie 6@ intervie#s.

SM


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AP

,he thin0 that + #as the most impressed #ith #as the amount o$ ne# innovation

0oin0 on. So ri0ht !e$ore the con$erence + #as reall pumped and said #o#. +4m

so e>cited. +4m looin0 $or#ard to this and this and this pro/ect. So especiall

the... + lie most actuall Llama Soup B,C. ,he !itcoin A,M. + thin the have a

real practical solution to all these inds o$ pro!lems.

SM

+ no# those 0us. ,he live near me in ;e# Hampshire.

AP

+ thin the have a reall convincin0 stor to !rin0 this to the maret.


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AP

5eah* ou have to !e a#are that ou are also 0eneratin0 addresses #hen sendin0

mone and receivin0 mone !ecause ou have to 0enerate the chan0e adresses.

AL

So it4s transactions almost.

AP

5eah* it4s transactions.

AL


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3hat does the H stand $or

AP

Hierarchal eterministic. Hierarchal means that u can create the tree structure.,hen ou 0enerate a !unch o$ private es and pu!lic es. So the most

common use case #ould !e lie* +4m a shop* + #ant to accept !itcoin* and then +

put m master pu!lic e into a pu!lic so$t#are that4s runnin0 some#here on the

net that doesn4t need to !e ver secure !ecause no!od can access our $unds

!ut ou can 0enerate a ne# address $or each customer $or e>ample #ithout an

trou!le on this remote machine that4s not ver secure. 5ou4re receivin0 the

mone and spendin0 $rom our paper* !acup* #hatever ou need. And the

Peter 3heeler the core developer is #orin0 on that. And a lot o$ pro0rams*

hard#are vendors also and hope$ull also the !itcoin card #ill pic that up and

use it. ,hat4s not a promise !ut + hope.

AL

Lie + said #e4re talin0 ver late at ni0ht so tae everthin0 at $ace value here.

So Stephanie* ou4re here #ith /ust a ton o$ di$$erent pro/ects and ou4ve !een

0eneratin0 inc$redi!le content and so ou said ou did intervie#s. 3ho do

ou thin #as our $avorite intervie# + no# it4s lie asin0 to pic our children

#ith the people here.


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AL

3e actuall taleda !out this on ?ree,alLive #hen + #as on $or m !riie$ period

o$ time.

SM

+4m not re$errin0 to the li!ertarian part or an poitical part or anthin0 lie that.

"ust some!od #ho values human $reedom !asciall.

AL

5eah* the la!els do 0et con$usin0.

AP

5eah* + thin la!els are dan0erous. La!els put ou into corners and limit ou in

our ima0ination.

SM

5eah !ut #hat do ou call oursel$ to succinctl descri!e our vie#s

AP

5eah* that4s a $air..

AL

+ 0o #ith $iscall conservative and social li!eral.

SM

,hose are complete opposites.

AP

+ 0o #ith ;oam Choms.


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AL

;oam Choms. tent. 5ou4re out there #herever ou live in the #orld and

ou4re ind o$ alone !ecause there aren4t tons o$ people around ou. Ma!e ou

can 0o to meetups and stu$$ !ut there aren4t a ton o$ people around ou #ho

reall share our interests on a deep level and #hen ou 0o to a con$erence it4s

ind o$ lie a little cit 0ets created - almost lie !urinin0 man + 0uess ou could

sa $or a #eeend or ho#ever lon0. And ou4re suddenl amon0 a !unch o$

people #ho are real visionaries and luminaries #ho totall share our interest.eall cool connections.


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AL


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oh that4s some cra9 internet thin0... actual it4s not so much the oun0 people.

5eah* educated people also.

AL

3ell it depends on our de$inition o$ oun0 is. 3e #ere talin0 a!out this all

throu0hout the con$erence. ,hat the a0e 0roup that is here that is most

impact$ul is pro!a!l the a0e 0roup !et#een a!out 8@* 8* lie @-& on the

upper end. And then !eond that ou certainl have outliers* +4m not sain0 that

ever!od #as !et#een those !ut the people that are doin0 the cra9iest stu$$ are

ind o$ in that ran0e. And + thin that4s reall interestin0.

AP

5eah* the oun0 people actuall...

AL

on4t understand it.

AP

5eah* comin0 to the con$erence is a !i0 hurdle $or man. + mean* 0ettin0 in a

plane* and leavin0...ou have to !e ilie... an #or li$e.. aeh.

SM

o ou thin there #ere an!od #ho didn4t come !ecause the don4t #ant to !e

pu!lic essential Almost lie Satoshi

AL

Ah* no* + thin that ma!e Satoshi #as here 3ho #ould no# 5ou no#* +

mean a0ain* that4s #hat + #ould do. +$ ou4re 0onna mae osmethin0 disruptive

lie this the pla is ou mae it* ou 0et it to the point #here our idea has le0s

and it4s 0onna #or. And then ou #al a#a* thro# a#a that identit. A0ain*

comin0 !ac to the personal cloud concept* it4s a!out havin0 application speci$ic

identities !ecause the realit is these technolo0ies are dan0erous. And it4s not

dan0erous !ecause ou4re 0onna cut o$$ our $in0er. +t4s dan0erous !ecause

the4re disruptive and !ecause the chan0e the #a that the #orld #ors. Andonce ou ind o$ e>trapolate that out there are real implications that come alon0


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15/29

SM

5eah* the 0ot Andreas Antonopolous on camera. And he said he didn4t pimp the

podcast.

AL


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start readin0 the covera0e* + read a stor on C-;=, and some#here else too and

the uoted ma!e t#o sentences $rom the tal* !ut it #as all a!out the $act that

these people #ere investin0 mone into it.

;o#* that !ein0 said* the #a the4re investin0 mone into it is one o$ the ver

$e# #as that + le0itimatel consider hoardin0 !ecause their #hole strate0 #asto !u !itcoins* stic them onto $lash drives* and put them into distri!uted !ans4

sa$e deposits around the countrI #hich is 0reat and all* !ut it maes it

impossi!le $or ou to ever spend it* so there4s not even reall the chance o$ that

happenin0* and + thin that that4s a little !it dum!.

SM

3ell* on the other hand* it drives the price o$ !itcoins up -

AP

+ consider that le0itimate* !ecause ri0ht no# sure* ou can !u our pi99a

online* ma!e* !ut ou4re not !uin0 a 0reat deal o$ propert the can certainltr to invest in !itcoin !usinesses* and that4s -

AL

3ell* the4ve done that.

AP

,he4ll certainl do that.

AL

But a0ain* the have a real advanta0e it4s one o$ those thin0s #here !ecause

!itcoin is mone* i$ !itcoin succeeds* an!od #ho holds a lot o$ !itcoinsucceeds* so $rom that perspective* + thin it4s valua!le to them* !ut +4m sain0

that as a service to as !ein0 JanK actual part o$ the communit + $eel lie it

almost isolates ou #hen ou sa G* and #e4ll loo at it in $our ears. ,hat means

that those are out o$ circulation - ou4re ri0ht* it drives the price hi0her - !ut it

doesn4t help an!od #ho4s trin0 to !uild the maret.

SM

3ell* !ut it inda does* !ecause it 0ives pu!licit to !itcoin. + don4t thin looin0

at it $rom the perspective o$ Gdoes it help the communit is #here the4recomin0 $rom* !ut that4s $ine* !ecause it4s their mone. 5ou could ar0ue a!out ho#

the 0ot that mone the pro!a!l didn4t reall #or $or it -

AL

3ell* the sued some!od $or it* so that4s valua!le in our societ -

SM

+ thin people reall 0ripe a!out that. But ultimatel* i$ it4s some!od !itcoins*

#hatever the #anna do #ith themI +4m not here to tell them #hat to do.

AL

3ell* the had to !u the !itcoins $rom some!od* so + 0uess #hatever their


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investment meant actuall #ent !ac into some!od4s pocets #ho #as holdin0

!itcoins !e$ore.

S.M: 5eah* and some!od had to a0ree to sell them* so the4ve named their price

and the 0ot it that #as a voluntar transaction* so +4m not a!out to 0et in the

middle o$ that -

AL

?air enou0h.

SM

tent* isn4t

participatin0 in the sstem le0itimisin0 Sain0 that Ges* re0ulators* ou have

authorit over this - is that a positive thin0* or is that a ne0ative thin0* or do outhin that it4s -

SM

chan0es the are de$initel a 0ood pla0round $or the

re0ulators* and ou should stic them to their pla0round and leave the rest o$ us

alone #ho are doin0 use$ul #or.


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AL

+sn4t it almost a lose-lose situation* thou0h* $or those companies Because +

understand #hat ou4re sain0* !ut then* on the $lipside o$ it* let4s sa that the

re0ulations do 0et solidi$ied* and the4re 0ood* and the loo lie it4s 0onna !e

permissi!le then doesn4t that mean that the le0ac !anin0 sstem comes in

and sas Gpectin0 this to happen. So

#hen + see that* + share in that /u!ilation* totall* and + thin this is hu0e it4s a

hu0e deal* o!viousl. +4m also a little cautious* !ecause + no# not all o$ these

!itcoin startups are 0onna succeed some startups do $ail -

AL

Somestartups do $ail* haha. Most startups do $ail.

SM

Most startups do $ail* 7E


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AP

A @ chance o$ e>chan0es $ailin0.

AL

@ ;o# that4s a $ae num!er. ,he cited that num!er* it #as G& o$

e>chan0es $ail and tae mone #ith them* !ut there4s a 8 mar0in o$ error.

SM

So it could !e an#here $rom 8-

AL

=>actl* 8-E

AP

+ have some practical e>perience #ith that. A lot o$ m mone 0ot !lo#n a#a.

AL


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AP

+ thin #e4re not in a !u!!le + thin the potential is hu0e* #e4re 0oin0 to see a

lot more.

AL

Are #e talin0 a!out a price !u!!le* or are #e talin0 a!out a realit !u!!le

SM

+4m inda talin0 a!out !oth* + mean* 4cause the price re$lects the realit and the

attitude a!out !itcoin to a certain e>tent-

AL

;ot here* it doesn4t + didn4t hear one person talin0 a!out the price* this entire

con$erence. id ou

SM

;o* not reall* actuall* e>cept at the Lamassu machine-

AL

chan0es. 5eah* o$ course* !ut outside o$

that* it #asn4t lie people #ere 0oin0 around* 0oin0 Goh man* can ou !elieve it4s

up to 68@* this is so $antastic* #e4re all 0onna !e richE - + mean no* no!od

reall cares a!out that* #e4re all talin0 a!out the companies that are !ein0 !uilt

around it to mae it !etter* and to mae it easier* and to mae it cleaner.

SM

3ell* + 0uess #hat + #as re$errin0 to #hen + said G!u!!le #as /ust the amount o$

venture capital mone that4s $lo#in0 into !itcoin startups ri0ht no# some o$that is not 0onna succeed* some o$ those companies are 0onna 0o !ust $or

#hatever reason* ri0ht

AL

But a0ain* to that point* the #hole venture model #hen it comes to this-

SM

-eah* it !uilds in ris-

AL

-#ell eah* it !uilds in a hugeamount o$ $ailureI the standard model $or this tpeo$ compan is: ou #ould mae si>teen investments* $i$teen o$ them are

supposed to $ail* and the one that succeeds is the one that maes ou cra9*

cra9 rich !eond our #ildest dreams. So on the venture side* #e certainl did

see some o$ that* and there #ere a lot o$ people #anderin0 around* looin0 into

places* trin0 to $i0ure out #hat #as 0oin0 on + thin it4s the attitude that4s

most important. 3e had a venture 0u come to our $irst meetup on ?rida* and it

#as reall interestin0 talin0 to him !ecause he had /ust le$t his compan and

a0ain* #e4re not 0onna 0et into names !ut he had a couple o$ hundred

thousand dollars that he #as #antin0 to thro# at pro/ects* and #hen + taled to

him on his #a out a couple o$ hours a0o* he4s lie Gthe thin0 + realised is that a$e# hundred thousand dollars is /ust not enou0h to !e a!le to do pro/ects and


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spread the ris around. So #hat he #as 0oin0 to do #as* he #as $lin0 !ac

immediatel to his old venture $irm* and #as 0oin0 to sa Ghe* let4s thro# a

couple o$ million dollars at this pro/ect - and a0ain* even $rom the venture space*

a couple o$ million dollars is nothin0* that4s lie a couple o$ people chippin0 in on

that side* #hereas ou have these 0iant $unds.

AP

Stephanie* ou #ere comparin0 that to the dot com !u!!le. + thin the dot com

!u!!le onl reall too o$$ once everthin0 #as traded on the ;e# 5or Stoc

=>chan0e* and + thin #e are #a* #a* $ar apart $rom havin0 that in the !itcoin

space* so there is no mass appeal spie #hen everone4s thro#in0 mone at the

!itcoin stocs.

AL

And the other thin0* o$ course* that4s di$$erent $rom the dot com era is that the

moneti9ation #ith !itcoin is !uilt in so a0ain* ou have this pro!lem #here #ith

the dot com* everone #as so e>cited a!out 0ettin0 the ee!alls that that #as

the $ocus* and so it4s lie ?ace!oo it4s lie* G#e /ust need to 0et the users* and

then #e4ll #orr a!out ho# to moneti9e it later - !ut the pro!lem is that #hen

ou !uild our !usiness around not moneti9in0* #ith the idea that ou4ll do it

later* #hat ou #ind up doin0 is JthatK as ou tr to moneti9e* ever sin0le thin0

ou do pushes users a#a $rom ou* !ecause the service is 0ettin0 #orse instead

o$ 0ettin0 !etter* so #ith !itcoin a0ain* it has other pro!lems + thin that the

re0ulator ris is meanin0$ul !ut it doesn4t have that pro!lem. ,he moneti9ation

is actuall there $rom minute one* !ecause it4s mone.

APA!solutel.

SM

Mm* !ut there are people #ho speculate on !itcoin !ecause it4s also a

commodit.

AL

chan0e* !ut !ecause !itcoin is mone* it4s $loatin0 value* relativel speain0.

A.P. And it4s an =,? on the #hole !itcoin space.

AL

5eah* that4s e>actl ri0ht. ,hat* o$ course* is the other thin0* is that i$ ou4re

looin0 at this $rom a ris perspective* solel* !uin0 !itcoin is such a sa$er

investment* !ecause i$ ou4re investin0 in companies* and !itcoin $ails* all the

!itcoin companies $ailI !ut i$ ou4re investin0 in !itcoin* it doesn4t matter i$ the

!itcoin companies $ail* it /ust matters i$ there4s adoption overall* and ou still

have that e>ponential multiplier e$$ect that ics in. A0ain* it4s /ust one o$ those

thin0s #here !ecause o$ #hat is is and ho# it operates* it !reas a lot o$ the rules

!ecause the moneti9ation is alread !uilt inI ou don4t need to #orr a!out that

part o$ them all ou need to #orr a!out other thin0s* !ut not that.


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AP

So no# #e4re talin0 a!out the price all the time* ri0ht

SM

5ou no#* + haven4t checed the price in a couple o$ das* +4m 0onna 0o to m

!itcoin Paranoid app + did notice that a$ter the 2i0acitin0.

,he other thin0 that /umped out to me is that it #as so much less a!out the tals*and so much more a!out the attendees. ;earl ever sin0le person that + taled

to and reall* to#ards the end o$ it*+ realised that + #as missin0 out ! not

introducin0 msel$ to ever sin0le person that + sa# !ecause ever!od has a

pro/ect* even the people #ho #ere here as attendees #ere $unctionall not

attendees* the should4ve !een speaers.

AP

A!solutel* eah. So people came to our !oothI almost everone could mae a

speech o$ their o#n a!out #hat the are doin0 in the !itcoin space* and + thin

there #ere onl one or t#o people #ho /ust said G#ell* +4m interested in the #hole

thin0* !ut a hundred people-


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SM

+ thin that4s it* it attracts curious* active-minded people* and the all then* as

a result* once the understand enou0h #ant to have their o#n pro/ects* and

the do* !ecause nothin04s stoppin0 them* !ecause it4s so eas to /ust start one

o$ our o#n.

AL

And there4s so much to doE 5ou can loo at this $rom so man di$$erent an0les*

and ever!od loos at it and sees somethin0 a little !it di$$erent* !ecause

comin0 $rom our o#n conte>t* ou4re a!le to /ust appl it to #hatever the hec

ou4re alread doin0 and see the #as it maes it easier* or !etter* or more

e$$icientI it /ust chan0es thin0s* and it4s reall po#er$ul.

SM

Another thin0 this is 0onna !e ind o$ meta* !ecause #e4re doin0 a podcast

a!out the podcast* !ut /ust to toot our o#n horn a little !it + #as stunned at the

num!er o$ people - #e4ve onl !een podcastin0 $or a month* Adam -

AL

5eah* /ust a month.

SM

-and + #as stunned at the num!er o$ people #ho a) had heard o$ our sho#* !)

had listened to our sho#* c) reco0nised me #ithout me no#in0 #ho the #ereE

id ou have the same e>perience

AL

5eah* + did.

AP

+ thin our podcast #as #a overdue.

do an =n0lish podcast all the time. 3e #ere ased multiple times* Gs#itch to

=n0lishE 5ou #ill 0et such an audienceE ,here is no =n0lish podcast* #hat4s 0oin0

on - and ou #ere /ust ri0ht $or the time.

AL

,han ou $or sain0 that* Andreas. periences that + had

here #as !ein0 a!le to meet all these people #ho* +4ve !een readin0 their stu$$$or ears* and + have no idea #hat the loo lie + o$tentimes didn4t no# their

real name !ut ,#itter #as such a tool $or $i0urin0 out #ho people #ere*

coordinatin0 #ith that* and then schedulin0 the meetup. + 0ot to meet one o$ m

personal heroes* "e$$re Paul* #ho 0oes ! Snea online he4s the 0u #ho did a

tal at CCC !ac in 86* + thin it #as-

SM

3hat4s CCC

AL

CCC is the Chaos Communication Con0ress.


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SM

+t4s C&.

AL

An#as* it4s a 2erman earl seminar that4s !asicall on in$ormation securit

and stu$$ lie that. +t4s inda 0ee* it4s actuall super reall-technical 0ee* and+4m not that technical* as $ar as !ein0 a!le to loo at code and sa Gactl ho#

it #ors* !ut it4s lie a dollarI ou don4t need to understand ho# a dollar #ors in

order to no# that it4s use$ul* in order to no# its purpose. So that side o$ it #as

reall e>citin0* 0ettin0 to tal to these people and then on the other side o$ it*

havin0 people come up to me and sa G+4m here !ecause o$ ou* + came to this

sho# !ecause o$ our sho# and the ideas that it spared in m head - !ecause

that4s lie m dream. M dream is to help people have ideas a!out this* !ecause +

have so man ideas a!out this* and + no# that +4m not the onl one* and that4sver e>citin0 to me.ist.

So* other people #ho #e met... actuall* +4m not even 0onna tr to list them*

there4s too man to list.

SM

5eah* there are too man too list.

AL

,oo man* + don4t #anna leave an!od o$$.

SM

So man o$ them #ere reall ama9in0. + $elt lie startin0 at our meetup on ?rida*

#hen #e had listeners come and meet us* + reall connected #ith a lot o$ people

there* and then $ollo#in0 that* at the con$erence* J+K met a lot o$ cool people that

+ $elt lie + had a lot in common #ith* so that #as a#esome.

AL

,his #as an incredi!le e>perience* and + do not travel. ,hat is not somethin0 that

+ en/o doin0. + didn4t have to travel an#here near as $ar as most people that4s

the onl reason #h + came !ut a$ter this e>perience* i$ this is #hat !itcoin

con$erences are 0onna !e lie* then +4m 0onna 0et on a plane and +4m 0onna $l#herever the hec #e need to 0o ne>t time somethin0 lie this happens.

AP

So then* ou should come to Nienna.

AL

+ no#* + no#* + don4t #anna 0o to 2erman* + don4t #anna 0o to =urope...

SM

3ell* ou don4t have to 0o to 2erman* !ecause Nienna4s in AustriaE


25/29

AL

+ don4t #anna 0o to =1


26/29


27/29

competition movin0 into the space* !ut at the same time* /ust !ecause #e have a

month4s head start* it4s such an advanta0e. +t4s cra9 ho# much o$ an advanta0e

doin0 the sho# $or a month has !een* !ecause it4s 0otten us into so man

peoples4 heads. + have a $eelin0 that over the ne>t couple o$ months* #e4re 0onna

!e a!le to levera0e this into some reall incredi!le* insi0ht$ul intervie#s that are

0onna !lo# peoples4 minds* and it4s cra9. ,he people #ho are developin0 thesetechnolo0ies and developin0 these plat$orms have so much vision* and it4s reall

eas to 0et stuc in an echo cham!er and sa Goh man* that4s a 0reat idea no*

that4s a 0reat idea no* that's a 0reat idea !ut to a certain e>tent* the are.

Lie + said in the !e0innin0 o$ this* #hen ou thro# oursel$ entirel into

somethin0* and ou mae it all that ou are* it4s hard* !ecause ou can $eel

alone. And #hat this sho#ed us is that there4s at least o$ the 6 attendees

here #ho are doin0 e>actl the same thin0* and #ith so man people uittin0

their /o!s and $ocusin0 all o$ their creative e$$ort and all o$ their time onto these

properties and pro/ects* + don4t no# #hat4s 0onna happen* !ut it4s 0onna !e

ama9in0.

AP

+ thin #e #ill see a #orld #ith ne# services* and that4s 0reat* that4s evolution.

+ndustrial revolution &. or somethin0.

AL

So that4s a!out all the time #e have $or toni0ht. 3e4re 0oin0 on eleven o4 cloc

and + certainl have to 0et to !ed. And + no# that Stephanie4s pro!a!l still on

;e# Hampshire time* so-

SM+4m on 3est Coast ,ime even #hen +4m on the east coast. + sta up late.

AL

Have ou ad/usted et Andreas

AP

+ thin + #ill /ust sip a $e# ni0hts* ma!e* that #ill !e $ine.

AL

3ell* 0reat* this #as the most $un +4ve had in a lot o$ ears. And +4ve covered a lot

o$ con$erences !e$oreI #e4re doin0 this at the San "ose Convention Centre. +covered 2C* 2ame evelopers4 Convention here $or a num!er o$ ears* and

there #ere e>ponentiall less people here* and it #as e>ponentiall more

interestin0 than +4ve ever seen it !e$ore.

So that4s a!out it $or this episode o$ Let4s ,al !itcoin.

SM

5our poor voice* Adam. +t sounds lie ra0. So tiredE

AL

+ have !een talin0 non-stop $or das. +t4s cra9* !ecause ou4re !ouncin0 $romhour-lon0 conversation to hour-lon0 conversation #ith each person.


28/29

"

+4m 0onna /ump in* out o$ the peanut 0aller. + can4t resist.

AL

+t4s "ustice here* "ustice-

"

(Incomprehensible, likely surname),he secret to con$erences is to sip all o$ the

tals. on4t #atch them - the4ll !e on 5ou,u!e. Mae the personal connections*

tal to people - 0et ?ace,ime. All these tals the4re a !ait and s#itch* the4re

an e>cuse $or us to all come and han0 out to0ether. And it4s the personal

connections that reall mae these con$erences valua!le.

AL

5eah* + totall a0ree.

AP;o# ou4ve spoiled it. 5eah* + a!solutel a0ree. And ou should come to our

!ooth* Mcelium.

"

5ou have to have ne# users #ho don4t no# that secret* so that there #ill !e an

audience $or the speaers* !ut the real secret is Gdon4t 0o to the tals. ,al to

people. Meet people.

AL

+ cau0ht our panel* Stephanie* + cau0ht "ohn Li0ht4s tal* + cau0ht the alt coin

tal or the alt coin panel* #hich #as prett interestin0I it had some reallinterestin0 characters on it. And then + 0ave m tal on content moneti9ation !ut

+ thin !esides that* + didn4t see anthin0. But* ou no#* 5ou,u!e is a 0reat thin0.

AP

5ou can reall see the evolution o$ !itcoin a little !it in the con$erence evolution.

+ #as at Pra0ue in 866* there #ere* + thin a hundred and $i$t people there* and

there #ere people comin0 $rom all over the #orld and then London* and then

here* so it4s reall 0ettin0 o$$. eall e>citin0.

AL

a#n o$ a !rave ne# #orld.

AP

A!solutel.

AL

2oodni0ht.

,hans $or tunin0 into this special episode o$ Let4s ,al !itcoin. 3hether ou lied*

loved or hated the sho#* #e #anna no# #hat ou thin. Please send all listener

male to adamOletstal!itcoin.com. Content $or this episode #as provided !

Stephanie Murph* Andreas Petersson* and listener "ustice. Music $or this episode#as provided ! "ared u!ens. ?or lins to his #or* visit
mailto:[email protected]:[email protected]


29/29

letstal!itcoin.commusic. 3e4ve 0ot lots o$ content comin0 up* !ut + can4t $or the

li$e o$ me tell ou #hat4ll !e out ne>t so +4ve decided to stop main0 0uesses here

until #e 0et the editorial calendar up and $unctional. ,hans so much $or our

support. +$ ou4d lie to donate to the sho#* please visit ###.letstal!itcoin.com.

See ou ne>t time.
http://www.letstalkbitcoin.com/http://www.letstalkbitcoin.com/

Documents

Episode 10 LetsTalkBitcoin