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WY_KVOW_2024_12_29_05_00 | 289 | 1,082.231 | 1,083.872 | It's like, what just came out of his mouth? | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 290 | 1,083.892 | 1,084.873 | That was hilarious. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 291 | 1,087.194 | 1,088.755 | So I like that you have a sense of humor. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 292 | 1,088.795 | 1,101.764 | I like that you keep things light, and I also like that you put things in layman's terms for us because you're talking digital currency, and a lot of people think of you with your CloudCoin image, | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 293 | 1,102.484 | 1,104.766 | in the world of cryptocurrency. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 294 | 1,105.126 | 1,107.027 | Cryptocurrency is on the blockchain. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 295 | 1,107.667 | 1,108.568 | Yours is not. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 296 | 1,108.768 | 1,110.509 | And you have the perfect money. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 297 | 1,110.589 | 1,112.23 | So tell us about that. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 298 | 1,113.731 | 1,115.492 | Well, I certainly like to keep things simple. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 299 | 1,116.232 | 1,119.034 | But don't ask me about crypto key exchanges. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 300 | 1,119.654 | 1,126.679 | But we have a very simple currency that instead of having this blockchain and all of this encryption going on, it's just a file. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 301 | 1,127.139 | 1,128.68 | And the file has a bunch of passwords in it. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 302 | 1,129.358 | 1,130.939 | And it's got a serial number in there as well. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 303 | 1,131.459 | 1,134.24 | So if I want to pay you some money, I'm going to send you this file. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 304 | 1,135.04 | 1,136.801 | And now we both have these passwords. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 305 | 1,137.341 | 1,145.904 | And anybody that has the passwords can just go to all these servers around the world, change them, and now you're the new owner because you have the passwords and I don't. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 306 | 1,146.484 | 1,147.705 | And so it's much simpler. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 307 | 1,147.725 | 1,148.985 | It's easy for people to use. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 308 | 1,149.025 | 1,151.006 | You don't have to have an account or sign up for anything. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 309 | 1,151.866 | 1,156.528 | And you don't have to worry about losing your crypto keys and just losing all your money. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 310 | 1,156.548 | 1,158.209 | So it's designed to be much better. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 311 | 1,159.008 | 1,162.27 | And this is the CloudCoin, right, which is actually even a picture. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 312 | 1,162.45 | 1,163.771 | It's like a JPEG, isn't it? | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 313 | 1,164.932 | 1,173.697 | Yeah, often we take the passwords and the serial number and we hide them into files such as PNG images. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 314 | 1,174.138 | 1,178.861 | So you get this PNG image and you don't even know that it has money in it. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 315 | 1,178.881 | 1,180.442 | We could put it in any kind of file format. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 316 | 1,181.482 | 1,182.563 | Okay, okay. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 317 | 1,182.943 | 1,184.084 | So that's CloudCoin. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 318 | 1,186.187 | 1,186.527 | Okay. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 319 | 1,186.848 | 1,187.108 | All right. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 320 | 1,187.448 | 1,191.291 | And it's not cryptocurrency. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 321 | 1,191.611 | 1,192.332 | It's digital currency. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 322 | 1,192.392 | 1,193.632 | It doesn't use any electricity. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 323 | 1,194.373 | 1,197.816 | It's very just a password swap. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 324 | 1,197.956 | 1,199.837 | It is the fastest payment system in the world. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 325 | 1,200.417 | 1,202.659 | We can do millions of transactions per second. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 326 | 1,203.059 | 1,205.721 | We can finish a transaction in half a second. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 327 | 1,205.841 | 1,206.862 | No electricity, no fees. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 328 | 1,206.922 | 1,210.745 | So it's probably the best for the environment if you care about that. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 329 | 1,211.798 | 1,216.259 | So the cryptocurrency deals with a lot of electricity. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 330 | 1,217.739 | 1,221 | Yeah, it's kind of the basis of Bitcoin and some other ones. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 331 | 1,221.72 | 1,228.722 | They believed when they set them up that money should be like gold, and that means that you should have to mine it. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 332 | 1,229.222 | 1,238.264 | And basically when they mine it, they just kind of pretend like you've got a bunch of a field with square feet that are empty, and you have to dig up them by guessing numbers. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 333 | 1,238.905 | 1,240.685 | And if you get the right number, you'll find the gold. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 334 | 1,241.534 | 1,243.975 | And it's really just a big, giant waste of electricity, I think. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 335 | 1,245.855 | 1,247.496 | That's why you created what you created. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 336 | 1,247.516 | 1,248.896 | That's right. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 337 | 1,249.897 | 1,250.437 | That's right. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 338 | 1,250.517 | 1,252.438 | So how's it been going with the CloudCoin? | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 339 | 1,253.798 | 1,255.078 | Well, it's going very good. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 340 | 1,255.138 | 1,258.92 | We're on to our – we just are releasing our third version. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 341 | 1,258.94 | 1,260.98 | And it's like three times as a charm. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 342 | 1,261.441 | 1,263.961 | This one has just excellent characteristics. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 343 | 1,265.262 | 1,265.422 | And – | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 344 | 1,266.394 | 1,272.376 | We're getting ready to plug in other cryptocurrencies into it so you can go in and just change from one to the other. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 345 | 1,273.116 | 1,274.897 | So it's building an exchange into it. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 346 | 1,275.117 | 1,281.239 | And exchanges have a problem in that they can be a choke point and a point where everybody can be surveilled. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 347 | 1,282.459 | 1,283.72 | Nobody wants to be surveilled. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 348 | 1,284.72 | 1,294.103 | So we've got a system in which you can trade without being surveilled and you don't have to pay any... Well, we're probably going to have a little bit of exchange fees, but not very much. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 349 | 1,295.379 | 1,299.524 | All right, now I've got to ask you something because this sounds like inside information. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 350 | 1,299.604 | 1,303.709 | Does that mean if I buy some, I'm going to be in trouble because you just gave me some information? | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 351 | 1,303.729 | 1,305.331 | Because this sounds huge. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 352 | 1,305.751 | 1,308.374 | I'm just now hearing about this with you right now. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 353 | 1,308.715 | 1,310.857 | So that sounds huge, right? | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 354 | 1,310.877 | 1,312.86 | I think it is huge. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 355 | 1,313.55 | 1,317.351 | And this, keep in mind, is a global information system. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 356 | 1,317.791 | 1,321.471 | The servers are in like Russia and Australia and Argentina, you name it. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 357 | 1,321.831 | 1,328.473 | They're all spread out so there's no systemic risk of failure and no government can come in and shut the whole system down. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 358 | 1,329.433 | 1,337.134 | So I'm not really worried about they could put me in jail and probably the coin would even do better because they would see that the founder is in jail and it's still working. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 359 | 1,337.714 | 1,342.075 | So the idea is it's a libertarian concept and | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 360 | 1,342.975 | 1,355.04 | It has the goals of allowing people to trade freely without the oppression of government, I should say. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 361 | 1,355.1 | 1,356.401 | Now, you call it perfect money. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 362 | 1,356.561 | 1,369.247 | So is this something that, let's say, anybody in charge, whether it's the president or whoever it would be, they would say, hey, okay, here's the money that would work forever. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 363 | 1,370.543 | 1,371.244 | for everybody. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 364 | 1,371.264 | 1,373.789 | Is that what that is designed to do? | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 365 | 1,375.071 | 1,377.556 | Yes, it's actually designed so that nations could | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 366 | 1,378.621 | 1,390.75 | pick it up as well because if the United States of America was to use that technology, it would make the dollar absolutely powerful because it is basically a cash version that's digital. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 367 | 1,391.25 | 1,395.093 | It has the same properties in that nobody knows you have it. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 368 | 1,395.253 | 1,397.955 | Nobody knows that you're trading it because it's traded outside of the system. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 369 | 1,398.616 | 1,402.559 | All they could monitor is just authentications and that really doesn't tell them anything. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 370 | 1,403.119 | 1,405.181 | So it's just like the, um, | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 371 | 1,405.942 | 1,411.385 | the physical dollar, except we can send it in a second overseas and all around the world. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 372 | 1,412.606 | 1,414.287 | So that's what gives it real strength. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 373 | 1,414.367 | 1,425.915 | And if the United States did that, they would be – in fact, I actually interviewed for what's called the Central Bank Digital Currency Director of Software Engineering for the Federal Reserve Bank. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 374 | 1,426.555 | 1,429.277 | But unfortunately, they were woke. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 375 | 1,429.577 | 1,433.92 | And so I think the Federal Reserve is not going to be much help when it comes to – | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 376 | 1,435.294 | 1,436.874 | freedom and not being surveilled. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 377 | 1,438.015 | 1,442.555 | See what I mean about his personality and little, little, little things come in that you start laughing about there. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 378 | 1,442.595 | 1,443.576 | There's one of them right there. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 379 | 1,444.096 | 1,445.236 | Okay. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 380 | 1,445.756 | 1,453.877 | So let's, let's get down to, um, before you give some of your predictions, just want to get some credibility, some people to understand a little bit more about you. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 381 | 1,454.418 | 1,456.198 | So what, what is money? | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 382 | 1,456.338 | 1,457.638 | What, what is money? | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_05 |
WY_KVOW_2024_12_29_05_00 | 383 | 1,457.658 | 1,461.939 | So money is an information system that we use | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 384 | 1,462.802 | 1,472.209 | to track who created value for other people with the idea that if you created value for other people, then other people should give you value in return. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 385 | 1,473.13 | 1,487.101 | And it inadvertently makes it so that we are productive and we are efficient because if the people that get the most value are the ones that are going to be the most efficient and productive, | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 386 | 1,487.958 | 1,490.2 | And it allows us to go to the store and we see eggs. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 387 | 1,490.68 | 1,493.522 | And the eggs all look the same, even though they're from different farmers. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
WY_KVOW_2024_12_29_05_00 | 388 | 1,494.082 | 1,497.425 | So we can make decisions based on price, who's the most efficient. | KVOW | 2024-12-29T05:00:00 | WY | SPEAKER_18 |
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