Verdicts From Vegas

Bitcoin is close to becoming worthless.

Now what's the Bitcoin? Bitcoin's like rat poison. Yeah. Oh. The greatest scam in history. Let's get it. Bitcoin will go to fucking zero.

Welcome back to the Bitcoin Brief, the show where me and q and a catch up every two weeks to talk about Bitcoin, privacy, open source, keeping your Bitcoin secure, and the news and software updates that matter.

I just wanted to say a massive thank you to everyone who's been supporting Ungovernable Misfits, and a big thank you to Foundation Devices for supporting the show. If you haven't already checked them out, go to foundation.xyzed.

They make cipherpunk tools for fuckwits, and anyone can use this, even me. If you have any questions or you want to reach out, feel free, and I'll be happy to go through things with you. For anything super technical, I'll pass you on to queue. If you wanna buy one of these incredible passports, use the code ungovernable.

It will get you a discount, and it will let them know that I'm shilling. I'd also like to say a huge thank you to the Cake Wallet team. Not only are they supporting this show, but they're also bringing out some incredible features.

For those of you who actually use Bitcoin and actually care about their privacy and security, Cakewallet make it incredibly simple for you to live outside of the traditional financial system.

You can use Cake Pay within the app to buy gift cards for food, petrol, and whatever else you might need day to day. You can use silent payments, and, of course, you can use Monero. You can connect both Bitcoin and Monero nodes, use coin control, and this team are constantly innovating.

And I'm really excited to be working with them. If you have any questions, you can reach out to me, but check them out at cakewallet.com. Download the APK or start using this today on Mac, Windows, Linux, iPhone, or, of course, your Android device.

Enjoy the show.

Did it again. How many times before we get the five four three t one correct? I just like to make sure that you're extra prepared for to to for to go live or not live. Yeah. Another live but not live.

I think it worked last time. You've just admitted to me you haven't listened back. I didn't admit to you that I haven't listened back, but I just know in my heart that it would have been quality.

Well, I think we should request some listener feedback here whether they did even notice that the last show was live or not live. Maybe they skipped the intros. So let us know what you think if you're listening to this, whether you think you really missed the the the million hours of editing that

Max puts into the shows or whether you didn't even notice on the last show. And if in which case, great. That means that we can save some some cost and a lot of headache for Max for the editing.

Yeah. Let us know. More importantly, The Wanderer returns, How was your trip to Vegas? Was it wild? It it was the opposite of wild. Yeah. Was a good trip. I I say this with all of the conferences that I go to. Great to get to spend time with the team in person.

Obviously, foundation completely remote team. So, you know, it's not very often that a big group of us is gets together in person. So that was great. Go out some team dinners and stuff and spent way too many hours talking talking shop on the on the booth to to all our customers and stuff.

That was good fun. But there was no wild nights to be had. As always, I I'm a little bitch with jet lag. It has a way of bending me over in a massive way. So I was I was getting the grand total of, like, four hours sleep. I was, like, waking up at one, two in the morning and just couldn't get back to sleep because my brain was still on

UK time. So I was like in the gym at like 4AM because I was just rattling around my my room board and thank God they've got twenty four hour gyms and Fair enough. Which is great. Sounds sounds good, you know, I'm being healthy and stuff and

but it's not great when you get to, like, 1PM in the afternoon and you've already been awake for well over twelve hours and you're like, fuck. I've still got another five or six hours on the booth chatting with people. Which again, I'm not complaining. I love that this is my job. I think it's brilliant.

But when you're running off three or four hours sleep, it's it can be a bit tiring. But other than that, it was good. Great great to see the usual the usual suspects. Plenty of the ungovernables were out there.

I won't name any names just in case they don't wanna be as to whether they attended or not, but you know who you are. Great to see you in person as always. Plenty of Ungovernable merch floating around, which is very nice to see. Always nice to see the free samurai t shirts floating around, and there was a huge,

huge presence there for, you know, Lauren. Kionne's wife was there. She had some help from from other people. Again, I I won't name who they are, but she had plenty of help, and there was plenty of support. So that was great. It really promising to see that. She got some stage time as well. There was a bit of a mishap where she got

ejected, albeit very temporarily, by some overzealous security guard who are contractors for the Bitcoin Mac team. Let's be honest. They're not part of the team, they didn't understand. They just thought, from what I heard, that she was there doing, like, an unofficial protest, so to speak. It got quickly rectified. There was a big

pushback on on social media where people that weren't there didn't fully get what was going on and just immediately thought, oh, it's BTC mag just being little bitches and throwing them out. That's exactly what I thought.

Yeah. It couldn't be further from the truth. I immediately thought that, and then

I was just going into the gym. I was on on a call to John, and I was like, these fucking cunts. What a disgusting piece of shit to that poor woman going through all of this terrible stuff she's going through, and you wanna throw her out at the conference. This is absolutely disgusting, antithetical to everything we stand for.

And then I went into the gym after having a monster energy thing and about five coffees. I really slipped on the caffeine thing, and I just fucking went for it. I took all my anger and hate and direct it their way.

And then about halfway through my workout, I saw, oh, she's back let back in and, like, it was misunderstanding and stuff. And I was like, okay. I'll wind myself down now. I'll Yeah. Just just a mix up.

But other than that, conference was a lot busier than I was expecting, actually.

You know, the the vibes on socials with the the price being down and stuff compared to where most people expected it to be. I was expecting a bit of a ghost town. I'm not gonna lie. Mhmm. And it's probably one of the well, it was certainly busier than last year, which very was very much a surprise to me.

Steady stream of people coming over to the booth. Obviously, the first time we're getting to really showcase passport prime in the wild and have them to sell there, which is which is fantastic. So it made the the the demonstrations

at the booth really fun because, obviously, Passport Prime, we've spoken about it at length. It can do so much more than just your typical hardware wallet. So that was good fun to see how all the different kind of

innovations that we've made there kind of resonated with different types of users. So that was great. And so we've got some really cool feedback there as well. Zach was on a panel about self custody. He was on with a a senator, I believe, and another somebody else from the the industry, which is good.

Haven't had a chance to watch that back yet, but it is linked in the show notes. I was also a moderator of a panel. Not sure how or why they thought I was a good example to moderate a panel. But, yeah, they put me on What was the panel? It was basically protecting your privacy and sovereignty

against the digital Panopticon. So I guess I am pretty, you know, a good fit for that. But, yeah, I've never moderated a panel before, so was really nervous for it. But it went really well. I had some pros on with me. Seth was there. Naomi Brockwell was there, who's first time I've met her. She's great, by the way.

And we also had another name who goes by I think it's Open Source The State. Never met him before. Ex government guy that got really fucked off, and now he's, like, anti state, which is cool.

He was a complete name, fully masked up and stuff, so I have no idea who that is, but it seems like a cool cool cool guy. And it went really well. Yeah. It was only 30, and I'm sure that will be posted to the the b c mag YouTube.

As and when that does happen, obviously, I'll I'll drop the link. But as of what we're recording, Monday evening UK time, there's no links yet. So we just have to sit tight. Very good. Very good. Well, you've been in Vegas.

Seth's been busy all over the place. I've been in Fiat land in a big way. I've missed pretty much everything that's gone on. So let's get some news and updates. That makes two of us. Yeah. Just two two very quick other bits of AOB.

Reminder for well, I say that. Prime time is tomorrow, but, obviously, this isn't gonna be out in time. So if you listen to this, make sure you catch up on week four of prime time where I will be Mhmm. Talking about the two FA and security keys apps

for, you know, showing you how to use those on passport prime to secure your online account. So by the time that this podcast goes live, the video recording of that prime time will be on the foundation YouTube, so go and check that out as well.

And then the last one was, don't know whether you've seen any of my recent vibe coding escapades, Max, that happened, I believe, if my timelines are correct, after our last recording of the brief, but before Vegas. It was definitely before Vegas. I know that bit. I have missed everything.

Jordan's been taking the piss out of me because my brain is absolutely nowhere. I have fuck all idea about literally nothing. Like, I'm a proper normie at the moment. I've I've paid no attention. So please fill me in while you've what you've been building.

So just to set the scene, the the the actual engineers at Foundation have been building the the SDK, the developer kit,

which is basically just a framework or a tool kit for smart people to use to build cool shit on top of passport prime. Like, it's not used it's not unique to passport prime. Like, there's developer SDKs for pretty much any project these days if you want people to use it to build.

So I've been guinea pigging it internally, because to be clear, as of right now, Monday May 4 oh, Star Wars Day. Nice. It's not public. It will be in the next couple of weeks, but I've been guinea pigging it with, obviously, the assistant known as Cord.

And I have been absolutely amazed at how powerful the combination of an frontier level model like Opus 4.7 plus an SDK plus a semi dangerous idiot behind the keyboard. Like you can build some really,

really cool shit. And I will caveat this by saying two things. Number one, yes, I do not have the technical chops to know whether the code that's been written is any good. I'm just seeing what's possible. And number two, is anything that I build with AI gonna make it into the

the base KeyOS software? Obviously not. Like, I this is literally just me testing to see what's possible so that I can provide feedback for the SDK and just kind of like stir the pot a little bit to be like, look developers, if this idiot can build something, then imagine what you can do. So in the space of two to three days

on and off, it's it's not two to three days of solid me going back and forth with call. It's just me doing this in and around my day job. I managed to build a completely offline Nosta signing app, so you can plug Passport Prime into your computer.

It's got a companion extension, and you can log in to any of the desktop applications and then basically have any of the actions that you take on Nostice, so likes, posts, retweets, videos, whatever Mhmm. Gated by your offline Passport Prime that's physically plugged into your computer.

So, basically, what that looks like is you type a comment and you say, you know, Max is gay. Hit send in Primal web. That will send a message to Passport Prime for you to then authorize that on on the device. Say, do you wanna authorize this? No. And it'll show you what the the action is, and it'll say, you know, Max is gay on the on the

passport prime screen, and you can just swipe to accept it.

Again, very basic, very rudimentary. Are you gonna wanna do that for all of your master interactions? No. Obviously not. Like, the the the end state for that would be something like you have allowed permissions. Like, I don't need permission to to like something or to, you know Yeah. Yeah. Yeah. Send five stats.

But if you wanna send 5,000,000 stats, then you're downright. You're gonna have to go through passport prime. Yeah. Yeah. Yeah. That makes sense. So that's in. That's working in a very rudimentary way, but I've put some videos as proof of proof of work, I guess, on my Nostre. So if you if you're on Nostre Proof of concept.

Yeah. You can go see a video of me actually doing it in person using the Nostrudel client, which is pretty cool. And then the second one I did was a password manager, but not so to be clear, KeyOS as it is right now, Passport Prime has the ability to import passwords and have them stored offline,

which is cool. It's you know, it's has some use.

But it's not very useful when you wanna go and log in to one of your online accounts on your phone or on your computer. Because right now, the way it works is that you would have to pull up the password, look at it on the passport prompt screen, and then type it into your computer, which nobody's gonna do,

especially if you got an actually secure password. Obviously, there's plans to significantly expand that feature of the default application

native to KeyOS in the future and to do something like what I proof of concept did out in just a second, which I'm gonna tell you about. But right now, that is the basics of how it works. So for me, personally, the password stuff is is lacking, and we have a lot of work to do there.

So what I built or what I vibe, should I say, is a separate application which could, I guess, be rolled into the the existing vault app where it's basically a fully fledged password manager.

The difference being you can do mass imports via text files or CSV files from your Bitwarden or your Proton Pass or wherever you keep your password. So you can just import them all as one.

They're all stored offline. You can view them on the screen if you want to. You can generate new passwords for any given service. And when the Passport Prime is plugged in to your computer,

it talks to, again, its own browser extension, which is unique to to this application that I've I've coded. And just in the same way that the most one does where it kind of speaks to Prime and ask for permission, it does exactly the same for any login page.

So you can literally just be like, go to google.com to log in to your Google account, and then there'll be a little button on this extension that says log in with Prime. You press that, it sends a request through the wire to Passport Prime. Passport Prime pops up and says,

we got you've already got a login for Google here. If you wanna log in, just swipe on the screen. It will send the password through the browser extension, automatically populate it into the password field of Google in this example. You don't have to type anything.

All you have to do is swipe on the passport prime screen to give it that human authorization. Exactly the same for generating passwords as well. So if it's a new account and, you know, it's the first time you've ever logged into, I don't know, Facebook,

you can choose generate with Prime, and that will send a new message to Passport Prime. Say, look, you've got this new website here. We haven't got a login for it. Do wanna generate one? And it'd be like, yep. Great. Swipe. It generates a a new secure password.

I think I think it's, like, 30 digits long, and obviously, that's configurable. Sends it over the wire to the browser extension, also as it populates into Facebook. And then, obviously, that's then stored offline so that the next time, rather than saying generate with Prime, you press log in with Prime, rinse and repeat.

Very nice. Very cool. Very cool. And I guess even though you may not have this folded in exactly as it is in its current working state, maybe it's like this is the start, and then other people can say, oh, well, there's this slight change that needs to be made or I'd adjust this or I'd adjust that. But

you've got it and it's working. That's pretty fucking cool. Yeah. I mean and again, like, the the impetus for this isn't that I produce something that actually makes it to KeyOS. It's just to be like, look developers or people who like Viber coding.

Mhmm. We in case it isn't already clear by now, we cannot stop you from introducing or load sideloading applications. So if you wanna go and put your clawed at the KeyOS repo so that, you know, when the SDK is available, it'll tell you how to build it in the app in the right format.

Just go and build whatever you want. Like, if if you're happy with the code and you've had your AI inspect it or you're a developer and you've actually inspected it yourself, obviously, the latter is is preferable. Just go and install it. Like, we wouldn't even know if you're doing it.

You wanna go and sell it and make some money off it? Be our guest. Like, every everybody's a winner in this this ecosystem. And the point of me doing this sort of stuff is to be like, look.

This idiot can do it. So, like, it's open to anybody. Either? Have lost you? Are you there? No. Just just taking it all in, mate. Nice. Just

thinking about it. The the password manager thing, I'm gonna try and polish that up a little bit this week if I get time, and I'll post a video of the proof of concept again just to to get the ball rolling. I think what I might do is make a make a little thread on x and Nosta.

And every time I build something new, I'll just add to that thread to be like, look look what I built today because it really is so easy.

Okay. Right. Let's let's dive into the new show, mate. I'm gonna I've got a little section here, which I obviously, I don't normally do, but we we are recording the the immediate week after after Vegas. And as with any big conferences, there are

some big product announcements. So wanna quickly cover off that sort of stuff first because it is some of it's relatively big news, comparative to what else we've got to talk about. Mhmm.

So the block team, courtesy of mister Jack how have I forgotten his name? Dorsey. Thank you. They announced the brand new BitKey. Not a massive headline, although it is good to see that they have listened to their customers or main critic, should I say.

And they've added a screen onto the back of it. Form factor is exactly the same. Still got the the the fingerprint reader on the top, no screen on the top. And then you turn it over, and it's got what looks to be like a a smartwatch

screen baked into the back of the device. So it's in fairness, they've done a pretty good job of the design.

And that and again, that enables you to do all of the usual stuff that you would expect from a a hardware wallet with a screen on it. You can just verify all your transaction details, blah blah blah blah blah, all that good stuff, which was the main criticism that most more technical users levied at at the original BitKey.

And they have significantly jacked up the price, I believe. I was quite shocked to hear that it's I think it's like $260 now, which is fairly punchy considering it's, you know, a relatively simple device. But I guess you're kind of buying into

into that kind of multisig platform, aren't you? Which is, you know, is the only way that you're able to to use that ecosystem and, you know, that's the the main feature for their their customers, I guess.

Yeah. It's quite slick, especially for someone who's not too nerdy. Like, it does I've never actually held one in my hand, but from what I've heard, it's well built, feels like quality. Now that it's got the screen, that's quite nice, simple setup. I I can see the appeal for people. The only thing I really don't like is the fingerprint

scan thing. I think that is a personally, I think that's a really fucking stupid thing to have on a device, but to each other. I mean, it's it does make you kind of wrenchable, doesn't it?

It's it makes you extremely wrenchable. Like Yeah. There's no way around that. It's it seems like a massive oversight to me. I know, like, you can do multisig blah blah blah. But at the end of the day, it's like, they have you there. They have your fingerprint.

There's no way of putting in, like, a duress pin or or not having access to it. There's there's no, like there's no way around it. It's like, we've got you. We've got your fingerprint. You're gonna fucking give us the Bitcoin now.

I think, obviously, with their two or three architecture, if they if they're in your home able to persuade you to put your finger on the fingerprint reader, then the chances are the second key, your phone, is also nearby. So, you know, you've got the quorum there. So it's yeah.

I I I tend to agree with that one. Yeah. Other than that, though. Yeah. There's there's more announcements from the the block ecosystem. Cash App, Bitcoin enhancements. The Cash App has introduced seven new Bitcoin features, including the ability to automatically convert incoming peer to peer payments into Bitcoin

and Bitcoin back and a Bitcoin back program offering 5% rewards in Bitcoin on eligible Square merchant transactions. Both pretty cool in my opinion. If you're a Cash App user, which is not something that's I don't even know if it's available in The US sorry, in The UK, but I know it's pretty big in The US.

But, like, say you and I were both in The US, like, and you're not a Bitcoiner at all. And we went out to dinner and, you know, it was a $100 and you paid me about $50.

You don't have to know anything about Bitcoin, but I can choose to get that Bitcoin or a percentage of that that $50 that you're sending me automatically converted into into Bitcoin, which is a pretty nice feature if you're already in that ecosystem.

Yep. Obviously, it goes without saying KYC, blah blah blah, you know our stance on that. Yeah. And then the Bitcoin backed program as well. This is pretty good because, again, it's pushing people to use the Square terminals

and get Bitcoin back whenever you do that from and and you pay in Bitcoin, which is pretty cool. So it's pushing merchant adoption again, which I don't think anybody is against. So that that's great to see as well.

Oh, and this was this was a there is one final update from the Cash App. They've been notoriously stingy on their withdrawal limits for years and years and years. I think it's something stupid like a thousand dollars a day or something or excuse me. It was a thousand dollars a day, which if you've

been, you know, stacking stats through through cash out for years and it's gone up significantly, you could have, like, I don't know, couple $100,000

stuck in there and you'd be like the maximum you could access as a withdrawal is like a thousand dollars a week or whatever that the original limit was. You can pull it out. It's just all it's gonna take is a year. Exactly. Yeah. Very Doing it every day. Very slowly.

But they've now booked that limit to $10,000 a day, which, you know, is gonna cover off a vast proportion of their users. Yeah.

Yeah. But, I mean, if you are just again, word of warning. If you are gonna be Yep. Investing or stacking or whatever you wanna call it, that amount, then probably don't do it on that platform and certainly don't leave it on there. You know? Just just stack and take it off into cold storage would be wise.

Couple more things coming out of the the block ecosystem. They've announced the new proof of reserve system, which I believe is similar to the ones that the guys at River do, and they've been commended for for doing that for for a number of years where it it uses on chain signatures to allow anybody to independently verify

you know, if I'm a Cash App user and I've got, I don't know, a Bitcoin in there, there's they they provide, a a signature proof on chain to prove that they have my balance. And the idea being that if anybody,

obviously, that doesn't give me the whole balance of what they've got. But if anybody goes to check their own and it's not there, then you know that something's not going quite right and that they're not being truthful.

But apparently, as of the 2026, Block reported a total of approximately 28,355 Bitcoin. Bloody hell. Jeez. And oh, and they've got and they've sorry. That's held on behalf of their customers.

Sorry. 19,000 is held on behalf of their customers and 9,000 is in its corporate treasury. Yeah. It's fine, but it's still sort of information in a vacuum. Like, it sounds nice, but it's not useless, but it's doesn't give you the full picture. Like, if they have other debts or Exactly. Problems, it's like it's it's

better than not having it because you know they don't have 0 Bitcoin, but you don't know anything else outside of that. And so you could go to bed and rest your pretty head on your pillow thinking, oh, I'm safe. And, actually, you're not.

So still, don't don't trust other people with your money. That doesn't give you the full picture. Just be careful. Absolutely. And the the final one from the block guys, they've been busy. They demonstrated the new tap to pay solution. This was available in Vegas and, basically, it uses NFC.

So like you would do with your card if you've got it on your phone, you just tap. Mhmm. It's the same sort of thing, but rather than having to find the app, you just tap your phone and it pops up an an NFC link and that automatically opens the

the Cash App so that you can then go and pay with Lightning or or whatever you choose to pay for. Mhmm. But they do it. So you you tap your phone, it brings up that little that URL. You press that, and it just takes you straight to the app with the all the payment information.

Populated, and you just press send, which I thought was pretty neat. Yeah. I like that. Didn't actually get a chance to try out. I didn't buy any swag, unfortunately, but

I should've tried. Buy anything, I imagine you're the sort of person, and this isn't to throw shade because I'm exactly this person as well, who would just see what shit you can get for free and actually spend as little money as possible throughout the conference. I I assume you you bought nothing.

Literally nothing. Literally. I I've got I've got a drawer full of Bitcoin t shirts that never ever come of drawer. Because I'll be honest, with the exception of Ungovernable Misfits, and, yes, I'm biased. I'm part of the team, obviously. I just don't like any of it. I just I just think most of it's

a little bit cringey, and I I, like, I don't wanna walk around with a Bitcoin logo on my T shirt. It's a nice $5 wrench attack, like, for Yeah. Follow me home and and beat me and force my finger onto my BitKey.

They are good, though, the free T shirts and, like, stuff like that for just general I use stuff like that for around the house, gardening, like Painting. Shit like that where it's just, like, useful.

So it doesn't go to waste. It is still nice, but, yeah, I wouldn't be wearing it outside. Is yes. It's not cool. Yeah. Agreed. Next announcement was from. Blockstream. They've announced a new Blockstream Jade called the Jade Core,

which looks like a like, the next iteration of the the Blockstream Jade essentially. I think it's got a slightly bigger screen. Still the same sort of USB dongle style design. I believe the internals are are pretty similar. So it sounds like more of a of a kind of, like, product line

bump, if you like, going from iPhone 15 to iPhone 16 as an example. Still uses all the existing framework like the the blind Oracle open source hardware firmware. So it seems like it's just more of a of a spec bump than anything to actually you know, in terms of changing their their architecture.

But looks a bit bigger, especially the screen, if I'm being honest. But, yeah, it's still got Bluetooth, bigger displays, still got the security verification. So, yeah, didn't get a chance to try that one or even see it, actually. I've only seen it after the fact when I was doing some research for the show. So,

yeah, if you're a trade user, check that one out. Next one from Vegas was the Lightspark team. Their CEO launches the Grid Global Accounts at Bitcoin 2026. It's a dollar denominated payment layer built entirely on Bitcoin that connects to a 175,000,000 Visa merchants across 33 countries and reaches 65 nations in real time.

What have we got here? Yeah. The platform allows users to hold bitcoin, dollars, and stablecoins in a single wallet while enabling real time conversion to global spending supported by the Lightspark.

Oh, they're now a principal member of the Visa network. So sounds like more fiat things. Mhmm. Oh, yeah. This was baked into that wallet that got

teased a few weeks ago, probably over a month ago now, the way time's flowing. Was that bread wallet? Did you see that get teased? They've they've got some pretty good marketing, I'll be honest, but that's easy when you've got, like, all the money in the world. Did you see it? I did not see it. I've heard of it, but I did not see it.

Yeah. Okay. So check that one out. I'm not sure whether this actually facilitates. It seems like it does, like, you having Bitcoin in an account and then being able to spend it at Visa terminals, which could be pretty cool if if my understanding correct.

From what you just said, I assume it auto converts to fee Yeah. And then pings across the Visa network, which again isn't isn't useless to people who wanna spend it in that way. But I presume it's full KYC, all that stuff. I would imagine so knowing knowing Lightspark and Visa.

Yeah. It's gotta be, but it doesn't doesn't mean it's not useful for some people. And it does sort of, I guess, bring people in to the ecosystem to some degree, and then they can make their own decisions once they work out what Bitcoin is.

Yeah. Definitely. Oh, there was a tag on to to this announcement as well. David Marcus intro introduced agent delegation features that let AI agents execute financial tasks within user wallets under strict permission controls,

which is very on vogue at the moment, isn't it? It is. The mashing together of of AI and letting them loose. Well, letting them loose is probably the wrong terminology, but, like, giving them financial access to then be able to where.

You're letting them on a on a short leash or a measured leash would be the would be the correct terminology. That that is useful, like Yeah. Being able to have some sort of control. Because, yeah, it's like,

yeah, we're all talking about it and blah blah blah. But, actually, it's fucking useful, and you can see the amount that you're using these tools. And in the last two or three weeks, my usage has probably tripled again.

Like Wow. The amount that I'm using this stuff is for different stuff. Like, I'm not being a code monkey and, like, building cool stuff like that. Mine's all Fiat stuff, but it's so fucking useful. Like, I'm doing things that I couldn't possibly I'm doing things that now alone I'm capable of that before I would have needed a team of

10 people with different skill sets, and, like, I can do it alone. Mhmm. So, you know, we're we're both mongs in different ways, but we're being able to create some amazing stuff. And, like, the the idea that this goes back into a box and people don't need to spend with AIs and have, like,

have them have the ability to spend for them, etcetera. I can't see that. Like, I can't see that not happening. Yeah. It's definitely heading in that direction. And I'm I'll be honest. I'm excited about it. I know there's a lot of fear mongering around, like, job losses and stuff, and that that is without a doubt happening.

But I guess, you know, it it's happened many times before and, you know, the world hasn't exploded when, you know, when the the industrial revolution came around. Like, I view it as No. Something similar to that. And, you know, people just do all this shit, don't they?

They, you know, they Well they get used to the new status quo, and then, you know, more industries open up and and that opens up more jobs. It's just I think there will be some some short term pain for some people. There will be.

Someone was asking me about this the other day, and I we were, like, going into, well, how could this play out? And I was thinking it kind of flips on its head the way things were sort of, I don't know, fifteen, twenty years ago where kids at school were just learning to remember information,

not think. They just had to take in a load of information, memorize it, and then be able to recall it when questioned. And they were the people who'd be the lawyers and, you know, like, finance pros and whatever else.

And they weren't necessarily smart in terms of, like, they couldn't think of things. They couldn't create things. They could just memorize. And those type of jobs where they were quite well paid, but they didn't actually produce anything. They didn't create anything. They were just kind of like calculators, like gay little calculators,

shit haircuts usually. They will lose their jobs, And the creative types who could actually think about products or design or find creative solutions to problems, often they didn't make money, and I think that's what flips on its head. And so in a way, it could be the starving artist

starts to thrive and the twat dies. And I don't know that that's necessarily a bad thing. I don't know that, like I'd probably rather have the money concentrated in the hands of the people who can think rather than the ones who can memorize what they've been told in a school that's controlled by people that we don't like.

Isn't that better? I I'm personally very excited about it. You know, it won't take a a genius to work out. I've very much gone down this rabbit hole significantly in the last couple of months. And, yeah, I I think you're right. Like, that's one thing that I've always struggled with is is creativity,

and I've had to learn, like, new skills of you know, obviously, now I'm not even attempting to write code. It's I've trying to learn a new skill of being able to

explain what I want in a certain way to get the best type of results from, you know, in my example, it would be Claude. And and that is it's a skill in itself, isn't it? It's being able to clearly communicate what you want.

And don't get me wrong, depending on what you're trying to build, then having some knowledge of the thing that you're trying to build, like, the the there's probably a a million different ways that I could have built, you know, the the things that I mentioned earlier where I've been vibe coding stuff for prime.

And would a an a seasoned engineer be able to do that quickly in a more stable manner? Yeah. Of course. But like it's like you said, it's it's enabling people

that ordinarily wouldn't be able to do certain things to do new things and create new products that would may never have even existed before because you've got more creative minds able to to bridge that gap and bring their creativity into the technical realm and birth new things.

So that's what I'm personally most excited about is, like, there's gonna be a whole host of, you know, new products and stuff that may never have existed if these tools didn't exist, if you know what I mean.

Yeah. I think the next couple of years is gonna be really interesting for this. We're already seeing it. Like Mhmm. Since we started having these conversations, we've already seen so much cool shit. Like, just within our little industry, which is so niche,

we're seeing people build some incredible things where before it'd be like, oh, yeah. Wouldn't it be cool? Well, let's let's see if one of the, like, handful of people who could actually do this might get around to it at some point, but they're already fucking busy.

We are Yeah. We are literally seeing it play out in front of our eyes. So, yeah, it's cool. Pretty wild. Pretty wild. Next on the Vegas announcement list, AVEN or AVEN, a v e n. I'm guessing it's gonna be AVEN.

A new fintech company launched a Bitcoin backed Visa credit card that allows users to borrow up to 1,000,000 against their crypto holdings without selling them, featuring interest rates starting at I'm sure there's a little asterisk there, 7.99% APR, which is pretty low compared to a lot of these, you know, prior existing

crypto backed lending. Yeah. It's like card. It does say it does say starting out. So I'm guessing this Yeah. You know, that's probably is for, like, up to a million dollars. And if you're doing smaller amounts for a short time, then I'd imagine that APR rate rises significantly.

Mhmm. But no annual fees and 2% cash back cash back rewards. Mhmm. So this seems this seems interesting. I wanna get your thoughts on this because I the the whole bitcoin backed loan things kind of I've never really seen myself in a use case where I would need to use that service or want to use that service because, yes,

like, everybody listens to this, and I'm sure you're you and I are no different. Like, Bitcoin slash crypto is a significant, like, portion of our wealth, if not most of it. Let's be honest.

But, like, if I'm gonna borrow some money from against that, like, yes, that's great. And if I've got a shit credit rating, maybe that's the the niche there is, you know, I can borrow against it because I've got that hard collateral where my credit rating meant that maybe the bank would never lend me some money.

But, like, you still gotta pay that back. So if, like so where's the where's the payback coming from? It's like that versus, you know, I can I can go and borrow, I don't know, £30,000 tomorrow from my bank, you know, probably a lower interest rate than that or maybe close to that? Like, I I still

don't know. Just I wrestle with the fact of like It's niche. How is it better? Like, what why why would somebody wanna do that? I guess maybe I've answered my own question by saying, you know, if you've got a terrible credit rating.

It I would say it's it's a niche use case because, yeah, you would get a better rate if you have good credit score, but not everyone does. And if you don't and this could work for you anyway, then it might be another option.

Someone might wanna borrow because they might look and they go, okay. Well, let's say that it's 8% or even if it's 10%. Generally, holding Bitcoin is gonna do better for you than that 8%.

As a as a general rule, and it isn't, like, year on year, you could be down considerably. But over the course of, a four year period, generally, you're you're better off holding the Bitcoin.

But the problem a lot of people will have if they don't have the good credit scores and they aren't fully settled in the fiat world is someone like me, for example, if my coins have been through Whirlpool, and I want to say, alright. Well, I'll put those up as collateral, and I wanna borrow because of x y zed.

Good luck. That's not gonna happen. Yeah. So I I don't know is the answer. Like, I think if if you have KYC'd coins that are worth a substantial amount that you could put up as collateral, then

you would be fine probably to do this. But then you'd also probably be fine to get the the normal bank loan because everything's in Fiat land and KYC anyway, so you look good on paper anyway.

So it's kind of I don't know. I don't know who particularly this works for. And I also think that, like, depending on what age you are and what responsibilities you have Yeah. The the article This whole, like, mindset that people have of borrow, borrow, borrow, and

put that into Bitcoin and and, like, over leverage yourself because it generally goes up, etcetera, etcetera. Yeah. Maybe. And maybe it's fine if you don't have kids and you're young and all of that. But as you get older and you have more responsibilities, it's not just the cost of the interest. It's the cost of the peace of mind.

And when Bitcoin goes upside down and suddenly you're in real trouble, it stops you from being able to think and do anything else properly, and that is a real cost. So I would just say, well, at least for me, I couldn't do it anyway because

they wouldn't accept my coins. And even if I could personally, it wouldn't be for me because the stress, and worry is not worth it.

Well, I'm looking at which, again, as always, will be linked in the show notes. It doesn't mention, like, LTV, loan to value limits. I'm guessing they'd probably got sensible limits so that you, you know, you don't need to, you know, put yourself up.

Or you can you can kind of hedge against, like, you know, the usual 80% drawdowns that Bitcoin loves to do by only borrowing a a certain portion of that. And obviously, that's down to the user.

And I I can hear people already scream, well, cute, you fucking idiot. Like, people do it so they can access their collateral without without triggering a a taxable event. Obviously, I'm well aware of that. But but, like, the example you gave of, okay, well, yeah, Bitcoin generally goes up over long long,

you know, five plus years if you, you know, zoom out a little bit. Like, even if it does that and you've got the loan over that amount of time, if you need to then sell some of that to pay back, you know, to service the the payments, then that is a taxable event. So it's like, that's the bit that I would wrestle with. I'm just like,

I don't know. I just I've never you know what I mean? Then the loan to value that would have to be at the right amount. You'd have to look at it and say, well, I'm not gonna have to sell unless Bitcoin does something it's never done.

Do you know what I mean? Like, then then I'd be okay and be conservative in the way you set this up so that you don't have to sell. And if you are in a place where you are gonna have to pay taxes on what you sell, then it kind of it does make sense,

but it only makes sense if you're in that KYC world. That's that's kind of that that's where the problem is always gonna lie is, like, most of the people that we're speaking to have been told, you know, use this as cash, no KYC,

keep it separate to everything else, blah blah blah blah blah. And then all of these things don't work for those people. They only work for the people who are in the, like Yeah. Let's say, white listed coin base y ecosystem, and they're just two separate worlds.

Yeah. I think we're we're fairly aligned there. Alright. Last one from the Vegas list. Strike CEO, mister Jack Mallers, has unveiled a couple of product updates, including the launch of lending proof of reserves for collateral verification and a new quote, and then this triggered me, this did, volatility proof.

Going back loan structure developed in tandem with Tether that eliminates forced liquidation risks during market drops. Alongside securing a $2,100,000,000 credit facility, presumably from Tether because they have all the money in the world, to support lending growth and cutting interest rates to as low as 7.49 APR 70.49%

APR for large loans. Jack Mall has endorsed a strategic proposal by Tether Investments to merge Strike with twenty one Capital and Bitcoin miner, Electron Energy, aiming to create a unified publicly listed platform that integrates mining, treasury management, and financial services under a single entity dedicated to expanding Bitcoin. So

sounds to me, reading them through the lines, Zach Zach. Jack Mal is is is cashing in. You know what? I can't say I blame him. Like, you know, most of his products are not for me because they, again, involve heavily, you know, within the KYC regime.

But, you know, I guess hats off to him for for building something and it seems like getting bought out by the the titans at Treather. Tre what the? Tre Tre Trevor from Trezza, who also likes Tethr.

Yeah. Well, you know, fair play. I Yeah. The the volatility was the bit that triggered me. I I don't know the bloke, so I don't wanna, like, cast too much shade. I'm just going on complete gut feeling for many years now is, like, perfect, perfect example of suit wearing a hoodie.

Suit wearing a hoodie and saying, yo. And, like, that on the face of it, I don't know him. Could be a really nice guy, but on the face of it, it does frustrate me a little bit because it does feel like a bit of a comedian.

And, maybe maybe that's not fair, but that's what it feels like. Yeah. Indeed. I again, I'm reading from a Bitcoin Magazine article here, but they they've used the quote of volatility proof, but they don't explain how it's volatility proof. So I guess Just trust me, bro. It's it's proof.

Listeners, you're gonna have to go and listen to his his keynote speech on the Bitcoin Mac YouTube if you wanna get all the gory details. Yeah. Don't do it. Just just have a comfortable life where you don't stress yourself out, and don't trust that type of stuff. Just, you know, tread carefully.

Yeah. I mean, my guess, if I was a betting man and maybe one of the listeners can go and do the legwork for us here and and confirm whether or not I'm right, my guess is that they've probably just got a really low loan to value

threshold so that, you know, Bitcoin would have to, you know, nuke by, like, 99% or something stupid like that that Yeah. You would actually get liquidated. I don't know. Maybe I'm wrong. Who knows?

Yeah. We'll see. Okay. Onto the the main bulk of the the news list. We have another Bitcoin fork proposal. Bitcoin developer Paul Storch of Drivechains, I guess, notoriety has planned hard fork that he's gonna call e cash with a plan to reassign Satoshi Nakamoto's coins.

Thoughts before I dive in? I'm guessing you're triggered. Not really. I'm, like, just pointless and gay. I'd like all of this stuff. There's something every week that's just goes into, like, my, don't really give a fuck. Just see what happens draw at the moment. Yeah. And that that would very much be filed there.

Don't it doesn't trigger me. Don't care. I don't see it going anywhere. Just, like, I don't have the energy to give it any real thought. It doesn't interest me. Yeah. So he set the hard fork date for block 964,000, which is due to land somewhere in August, so not that far into the future.

Every BTC holder at the time of the fall would automatically receive an equal amount of e cash, not to be confused with e cash. The other e cash. Yeah. The other e cash, which is, you know, a scaling a custodial scaling solution kind of built Bitcoin native.

They're gonna bring out a coin splitter tool to release will will be released to help users cleanly separate their holdings from the current chain to the new proposed chain. The new chain will run on a near copy of Bitcoin Core software using the same sha two fifty six hashing algorithm, which RIP to that fork.

But with a reduced initial mining difficulty and seven seven layer two scaling networks called drive chains, a technology that Paul Stokes proposed way back in 2015, has been trying to get merged into Bitcoin Core ever since.

So basically, the hard fork, the the primary goal is to implement drive chains, which he's been beaten and drunk for quite some time, mainly to, you know, zero fanfare. The funding mechanism for e cash, however, has the Bitcoin community up in arms.

Paul Stalks intends to manually reassign, quote, fewer than half of Satoshi Nakamoto's estimated 1,100,000 BTC, currently worth $40,000,000,000 at current prices, to investors in the new chain before the fork goes live.

The goal is to give early contributors a tangible incentive to build momentum before the launch. Quote. This is a quote from Paul Storch. This will no doubt be a controversial decision, but I think it is necessary and in fact ideal.

Yeah. As you can imagine, most people think this is a terrible fucking idea, myself included. And again, I'm a bit like you, Max. I I think it's I'm not gonna pay much attention. It's probably gonna go nowhere, and it'll just be yet another failed fork in Bitcoin's history.

You don't wanna give it the oxygen. It's just like, let it let it die out. It's you don't feed the fire. It's yeah. I don't care. In the interest of fairness, the the end of this article, again, linked in the show notes, does say that after the pushback,

Paul has posted a second version of the proposal that does not involve Satoshi's coins, though the final structure has not been confirmed. No miners, exchanges, or any major ecosystem participants have yet signaled they will support the chain. Yeah. No shit.

Like, who who's gonna do that? Anyway, yeah, you you you're literally, like, just nuking one of Bitcoin's main properties of, like, your money is always your money. So, yeah, Paul, go fuck yourself. Yeah.

Yeah. Pretty much. Never gonna happen. Alright. Next one from our pals over at the rage and talking about well, again, throwing some more shade at the DOJ and their attacks or repeated attacks on open source developers.

So in Vegas, acting US attorney general, Todd Blanche, announced that you'll love this. Developers will no longer be targeted by prosecution, but with a critical caveat that leaves the door open for future legal actions.

So he declared Todd Blanche declared, we are no longer going to regulate by prosecuting developers who didn't know their software is being used for illicit activity. The exemption applies only if developers are not third party are not the third party users and don't know their software is being used for criminal activity.

This exemption contradicts the DOJ's previous prosecutions of non custodial developers like the Samurai team and Roman Storm. The quote, knowing standard is extremely narrow with evidence suggesting even receiving emails about misuse or Google searches about hacks can create liability.

So basically, he's paying lip service trying to get an applause in Vegas, which it seems like he did. Again, I haven't watched it. And that he leaves a massive carve out to basically nullify the initial statement of we're no longer going to regulate by prosecuting.

Because Yeah. Let's be honest, like, anything doesn't it doesn't have to be a piece of Bitcoin software or crypto software. Like, anything can be used for malintent. And you can if you build a tool, you can bet your bottom dollar. There's probably a criminal out there that will use it in the way that you didn't intend for it to be used.

Yep. So we're just going full circle and basically everything that you said is complete bollocks. So, like, we we haven't changed position. And the whole point of of the rage article that, again, linked in the show notes, just basically summarizes what I just said of, like,

it doesn't mean anything what he said. Like, it's just complete bull. Well, as to be expected. Yes. Yeah. I I mean, the the article goes on to summarize, you know, critical questions of, you know, what constitutes helping or knowing in their in their terms?

When should a developer stop a project after becoming aware of misuse? Like,

I guess, from the legal stuff, like, you know, if the caveat here is that as soon as you become aware of somebody's misusing your product, you you have to take your life's work offline or prevent people from using it. Again, that's a completely different stuff that I haven't even thought about until now. Like,

you know, are you are you gonna get a a knife manufacturer shut up shop because their knife featured in a a stabbing in London? It's like, no. Of course not. So why should it be any different for software?

It's so fucking retarded. And even within software, because it's it's easy to use, like, the the knife or, like, someone driving a car into a crowd of people or that kind of stuff. That's, like, more obvious. But even within, like, the digital realm and software, they're not gonna apply these sort of things to,

I don't know, image creation or to, like, some sort of AI tool where someone uses it to do something that is illegal or, like, build something that is illegal. So they're not gonna go and shut Claude down.

You know? They're not gonna go and imprison the people who are behind that. So it's just nonsense. Again, it's just absolute nonsense. And and until until they let our friends out of prison who are innocent, it is all just fucking words and bullshit.

I can't it better myself. Next on the list, we have, another letter from q and a. This is letter number six, believe it or not. I can't believe he's written six letters already. Yeah. This one is is titled two years in.

I haven't read it yet, but I've got a quick summary here, basically, where he's he's arguing that, you know, the Trump administration has begun to dismantle the aggressive regulatory tactics or posture around it at least. You know, see the last article we've just been talking about that

was prevalent in the Biden era, specifically citing the the the the Blanche memo that we've talked about a few shows back where it was basically just repeating what he said on stage where we're not gonna prosecute you for building open source tools.

And, yeah, it's, you know, Q and A says that the the war is only half formed because key figures like himself, William Hill, Roman Storm, they're still in prison. They're still behind bars. They're still losing days of their life day by day, locked up away from their families.

And all of this just posturing is is exactly that. It's just posturing. It's it's just Yeah. And that's the the the crux of of the letter, I believe, which I'm gonna go and read this evening. But once again, linked in the show notes. And We've got the first five Okay. Cool. On on the feed. We haven't done this one yet. So

if another listener wants to step up and read one of these and I can edit it and we can get it online, let me know. If not, I might push John again. We'll see. Yeah. I I wouldn't mind doing one of these, by the way. So let's let's give the listeners a chance first.

But yeah. I mean, I'm sure this he's not gonna stop at six. He's, you know, got nothing but time on his hands. I'm sure there'll be more. So yeah, let me know. You know you know, I'll support in any way I can, happy to do one.

If anyone reaches out, then fantastic. If not, then queue. If you can do one, that would be brilliant. And then what I do is I take the raw audio and just edit it up so it's as clean and nice as possible, and then we post it. So,

anyone who's thinking about it, don't worry. Like, the what I get raw from people is, you know, five, six attempts, you stumble over your words, there's a problem, just repeat it, and I'll just piece it all together nicely and make you sound really handsome and cool.

There you go. You managed it with me listeners, so I'm sure we can do it for you as well. It's a real story. Not not for the last this show or the last show, actually. So maybe you could hear the difference.

Next one on the list, another one from the rage titled SDNY, Southern District Of New York versus the technological facts appendix. So this is more coverage of the Roman storm case. We we talked about this on the last brief around it. The fact that it's again kind of been pushed back, I believe, for October.

The latest news here is that the SDNY has formally rejected the defense's proposed, quote, technological facts appendix in the Rome storm trial, arguing that the document incorrectly equates privacy with anonymity and fails to acknowledge that a system can be private even if a central authority can access user data. Okay.

The prosecution contends that the defense's glossary misrepresents trial evidence by ignoring expert testimony that limited user information could be collect collected without destroying privacy interests, asserting instead that there is a critical legal distinction between protecting users' privacy and providing the anonymity

necessary to facilitate money laundering. Consequently, the SDNY requested that the court disregard the appendix as an incomplete view of the evidence that conflates these distinct concepts, maintaining that privacy does not inherently require the total absence of oversight or the ability to block transactions.

Hard disagree.

Yep.

Alright. Last on oh, sorry. Second to last on the list. There's been a a hack of the Vercel platform. The crypto industry is once again on alert following a fresh security scare amid a surge in crypto hacks during April.

So what have we got here? So, yeah, the latest security incident involving Vercel, a web three infrastructure provider, may have exposed sensitive API keys. Thus, it has prompted web three teams to act fast. They have rotated credentials and reassured reassessed their security setups before any real damage can be done.

So it seems as though there is no funds lost to this one, but they confirmed that environment variables are secure and highlighted the risks associated with third party integration like GitHub and Linear.

Never actually used Vercel, but I thought I'd just throw this in there just in case there are people that do use this in and around the the web three world to maybe just go and have a check of your account and make sure that you've got all of your dicks in a row from a We have dicks in a row.

Yes. Yeah. Listen, guys. Get all your dicks in a row. It's important. Yep. I think we've just got our show title. Okay. Dicks in a row. Get your pics in a row. What have we got next? Well, yeah, nice. Nice segue. Last one on the list. Thought it'd end on a bit of a positive. And I I I will preface this

with Max sent me this. I know Max has been a big proponent of this, Max Tannehill. I haven't had chance to read it in in great detail, but they have announced bit 47 d b, a decentralized on chain directory for bit 47 payment codes.

So bit 47 DB is a protocol designed to solve, I guess, a vulnerability in Bitcoin's privacy infrastructure. The bit 47 standard allows you to share a single payment code. I does it start with pay 47? I can't remember how the payment code look now, but it's a long string, a bit like a Bitcoin address.

And that enables you to generate an unlimited list of unique addresses between you and the person that's paying you or vice versa. The directory that maps these codes to user identity previously relied on a centralized server known as the PayNim server that was run by the the Samurai Wallet team. There's since been a a new implementation

of that PayNim server caught by the Ashikaru team. I forget what they called it now, But it basically the same thing, but run by a different team. Right? Mhmm. The centralization proved fragile, obviously, when the Samurai Wallet team was taken down, all of the websites and servers were seized. And so that

user readable payments or pay NIM mapping to the the underlying payment code, which is what's defined in the BIP and what's actually drives it all under the hood, basically disappeared overnight, which made BIP 47

wallets a bit more difficult to use because you didn't have that, you know. I could go to my contact list and choose Max or Max's pay name, whatever it was, and pay to him. Now I would have to paste his actual payment code. So we'd have to have, like, an out of band conversation.

I'll be like, Max, give me your payment code. You send it to me over signal, then we can go and do what we want. It didn't kill the protocol. It still worked. It just the the user interface on top of it with the short names was lost because it was centralized.

Mhmm. So to fix this, bit 47 d b has been proposed and released, and it moves the data directory onto the Bitcoin blockchain itself using and prepared to be triggered, some of you, ordinals inscriptions.

So instead of relying on a web server, like the one that the Samurai Wallet team ran or the the one that the Ashikawa team currently run, anyone can now publish batches of payment codes into a permanent and immutable record on the Bitcoin blockchain.

The protocol uses an efficient compressed binary format, allowing thousands of payment codes to be stored for just a few dollars, Assuming, you know, one stop per by essentially. It also includes a quote canonical deposit address that any wallet can query to find this data. Meaning users don't need specialized ordinals indexes

to access the directory. The result is a censorship resistant, seizure proof directory that ensures users can always recover their outgoing payment connections even if all centralized services go offline.

Pretty big. That is So a very cool and clever use of Ordinals. Yes. Absolutely. The best one I've seen so far. It's actually useful. It is very useful. That that, like, I I would struggle even the real spam tards.

I would struggle to find a way that they could complain about that. I'm sure they would, but I just can't think how you could have a problem with that or think of a better solution. It's very, very clean.

Yeah. So I I hope it gains massive adoption. There's already a pretty big adoption of Bit 47 itself through BlueWallet, SamuraiWallet, Ashigaru, Sparrow, StackWallet. I hope I haven't missed anybody there, but, like, you know, we're we're talking tens of thousands, if not a lot more users Mhmm. Already in the Bit 47 ecosystem.

Yep. So having a decentralized alternative to the decentralized pay name directory that Samurai previously ran and Ashikaru currently run is very cool. Very cool indeed. So I I hope I guess the next natural step for this would be that it needs wallet adoption to be able to kind of I guess,

the smart way to do it would be monitor for low fees, which pretty much all of the time at the moment. And be like, you know, do you wanna create a backup? Great. You know, send this transaction to yourself or will you know, the wallet framework will then kind of etch in or or inscribe, I guess, would be the right term, all of the the

the connections. What's unclear to me and I well, I I say it's unclear. I'm guessing that this needs to be almost like a periodical thing that a wallet would need to do because your

backup is only as good as how recent it was, if you know what I mean. So if you've got a 100 connections and then you go make 200 more over the course of the next twelve months, you can only fall back on the most recent backup, which, you know, may include just a 100 connections. So it it seems to be something that

needs to be done periodically. But again, if the wallets build this in smartly, you could just do this as part of the normal send flow. So Max, if I'm paying you back for dinner, like, there's no reason why a wallet couldn't automatically see, oh, great. It's one stop a bite. As well as paying Max, I'm gonna do this inscription

and do that automatic backup. No user interaction required. As long as you've Yeah. You know, set that threshold as in, you know, in the wallet settings or or whatever to be like, you know, if it meets these transactions and I'm making a transaction anyway, just do it.

I like it. I like that a lot. I think that's very clever. Hats off to to everybody that's got involved in this. I'm I'm not entirely sure who there is besides Max Danhill. I know he's been a big proponent of it. But Mhmm. Very, very, very detailed documentation at bit47db.org.

And you can go there's actually a tool there as well. There's a there's you got an app that you can launch where you can go and inscribe your stuff manually. I guess this is like a stop gap until wallets start to adopt it. So you can go and do it all just from a web browser. Presumably, it will create a

it'll create a transaction fee to sign, I'm guessing. I've not tried it. And then you can go and use it as a browser as well, which is which is pretty cool. Okay. We are gonna have to start wrapping things up very soon because I'm about to be descended upon by screaming children and just noise and

pain and suffering. So I'll tell you what I'll do. I won't go through all of the releases. All I'll say is there's some pretty cool stuff from Zeus with LDK node, big release version 13. Go and check that out.

What else have we got? Updates from Envoy, Ball Wallet, BTC Pay Server, Umbrella, Cake Wallet, Start nine, updated beta, LNbits, Dojo, BitKey software, and then Chuck have all got minor releases as well. And finally, linked in the show notes will be a link to the Bitcoin Magazine

YouTube channel where you can go and catch up on all of the talks. And hopefully, my panel will be there pretty shortly, if not already by the time that this gets released, this podcast. Very nice. That's perfect, mate. I love that. There you go. Alright. Very good. Well, I will catch up with you on Friday anyway.

You will. And we're not gonna edit this one, so it should be out in a day or two. I'll send it over to the the grumpy Canadian. He's very grumpy at the moment. Let us know, listeners, if you're liking the the unedited versions or you want us to to go back to to the old ways.

Yeah. Alright. Speak to you soon, mate. Cheers, guys. Bye.

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