Transcription
One day, to donate 100 bits to say "Italic, he decided he's quite an idiot, he has a bit of genius." I met him in person in 2014, and he came to my office to sell me the project. Seriously, do you think that can be true? Yes, but you didn't buy it either. I think it's a mistake. Look where it is. You think it can be true? That's how it is, man, he's telling the truth. I'd be willing to cut off a finger right now, live, and get on the call. Imagine, we're bringing him in. I can bring anyone into the call. Come on, I don't know what mess we're going to get into. Honestly, this is pure improvisation. A guy said Italic Wood in Kings is stupid, that he can prove it, and he's going to come to talk badly about him and this gentleman. He says he met him, that he went to his offices to present the project, and that he rejected it or something like that. Honestly, it sounds too surreal to be true, but that gentleman claims it's true. I told him to come to Discord, that he wants to come, and he says he's going to talk to us. I warned him, I told him, I don't want [ __ ] because I don't know who I'm bringing in. I don't know if this gentleman, or what he said, is true. I said, I don't want spam, I don't want [ __ ]. If this gentleman comes in right now and is polite and speaks well and gives his opinion on whatever, perfect. If he suddenly says, "Go to this website, buy this, I don't know what," I'm hanging up the call instantly. Understood? And that's that. Let's see what he tells us. We're going to improvise. I'll call him. I hope he doesn't get scared. Hello, hello. Calm down. What are you planning? Like, to see the same thing? It scares you. You think a guy comes and tells me, "They didn't propose the project to me, the red art, Vitalik Weetering, a billionaire dude, in a way that also... God, but if you want, I don't want to steal everything you're doing here and all that, but if you want, I'll give you a bit of context. I'm a guy who knows math, I'm a computer scientist with a doctorate in coding theory, which is related to cryptography. And in 2011, as a result of my doctorate and being linked to photography, I got into the world of crypto by chance through a badge that a guy came to give at my university. So, I left the world of research because I was fascinated by the whole world of Bitcoin. And at that time, neither Ethereum nor anything existed. Bitcoin existed, and I think Dogecoin, and I think Litecoin also existed, and among the projects that came out after Ethereum and we can talk about. So, well, I had the crypto thing. I started with some guys, because it's been 10 years since I've seen them in Spain, whom I met in Ireland. Simply, the entire Bitcoin protocol from scratch, around 2012. I like to say it, okay? So, they made it with the objective of having a language. To have a Bitcoin language is something that is very conservative because there is a lot of money invested in it, and if you mess up, you can destroy the ecosystem and destroy a lot of money, a lot of people. I've seen, I've seen things I wouldn't believe, like bugs, Santiago Parda, in which the bugs or people who program things. Not to go any further, I think it was in The DAO when that happened in 2016, the mythical DAO of Ethereum, they made more smart contracts, which were made with their ass, and all the geeks were making money hand over fist. And someone broke the contract and took everything, took millions, and that's where the fork of Ethereum Classic came from. In fact, those are the reasons why I don't like Ethereum. Doesn't it sound like Chinese to you, all that I'm telling you? Not 100%. I think I understand something, but well, I don't remember if it was in 2016 or 10 or 17, they made a decentralized smart contract, I don't remember the details of what it was going to do, okay? But basically, they looted it, they took everyone's money. And then, what happened here is that Vitalik, who is the benevolent dictator of Ethereum, some of the properties that blockchains have, or cryptocurrencies should have, is that they are immutable. That is, if I make a payment to you, that transaction will be made forever, and no one should have the power to reverse it, okay? So, because there was this massive hack, the [ __ ] of Ethereum said, "Let's fork the Ethereum blockchain and let's reverse the payments of the robbery to return the money to everyone, okay?" And that's what separates Ethereum and Ethereum Classic. Ethereum Classic is the reality where the robbery took place. Ethereum is the reality where the benevolent dictator Vitalik has had the power to reverse the robbery, return the money to everyone, okay? And continue in that reality where this robbery did not happen, okay? So, look how dangerous this is, this edition of the Ethereum blockchain where there's a guy who is the king, who is Vitalik, and based on whatever criteria he feels like, he can decide that some payments are reversed or not. And he can do that, not by compensating those people by paying them money, but by erasing it. I mean, they made it reach society because, like Bitcoin, it's a fork of Bitcoin. One day, people, well, there was a group among the people who were doing [ __ ] with Bitcoin, who wanted to increase the block size, and a group who didn't want to increase it. They couldn't agree. So, those who increased the block size created a new chain, and the others stayed with it. They even fought over the name because the dominicals of Ethereum said that the true Ethereum was to go up with it. So, that's how cryptos work, okay? So, you can change it. In fact, tomorrow, you and I and 30 more could come and say we're going to do a fork of Bitcoin where we remove the 21 million limit. My question is, they ask me to explain what a fork is for people who don't know. When a blockchain is a ledger, it's a book where we record all the payments made, and we can say that each block is a page, simplifying a lot. So, the ledger that Bitcoin has today is a very thick book with 600,000 blocks and a lot of transactions in it. So, now imagine that you and I tomorrow say, "[ __ ] it, we don't like that Bitcoin has an upper limit of 21 million. We want infinite inflation." And so, we create a new fork. We copy all the source code of Bitcoin and make a different version where we change these lines of code. And from there, reality bifurcates, and two books appear: the ledger where we make transactions with that extra money that comes out beyond the 21 million, which Bitcoin people wouldn't accept, and therefore, the transactions below, the ones above, wouldn't see them as valid. And the people who continue to say, "We want to use the Bitcoin of all time, and we don't care about this [ __ ]". So, two coins are created that share the entire history up to the day we made the modification. It's a fork, it's a bifurcation because it's to bifurcate reality, let's say, to fork the ledger. And this happens constantly. In fact, it's not entirely true. Well, anyway, Vitalik made a fork, and Ethereum Classic is for the people who said, "No, no, we don't want Vitalik to have the power to reverse transactions," and we'll stay on the blockchain where the robbery happened, and no matter how much we like it, no one has the power to reverse it. And that would be Ethereum Classic. In fact, Ethereum and Ethereum Classic share ledgers up to the day of the fork. Ethereum Classic still exists. If you go to Kennedy, God uses it. So, that's what's happening. I don't know how he didn't pay me. What I'm saying is 50, 10 for that. That's the genius of Ethereum Classic. To go up, because he wrote this. So, you create a crypto tomorrow, and geeks buy it. Everyone who wants to get rich, as has happened, and people buy any [ __ ]. Even Bitcoin Gold, which is the biggest scam in the world, how much is Bitcoin Gold worth? Look up Bitcoin Gold. It's very true. I didn't even know it existed, but it has a billion market cap. Do you know what Bitcoin Gold is? If you want me to tell you what it is, it's a guy who took the source code of Bitcoin and said, "I'm going to do a fork of Bitcoin," which is what I've done. We're going to make a modification, and the modification he made is that he mined 200,000 blocks at once and took them all at once. It's like if tomorrow you take Bitcoin and say, "The modifications I'm going to make are that I'm going to take a million Bitcoins." The people get it, man, it's brutal. It makes me laugh. Everyone in crypto, that's why I've retired from this world. I'm bored of all this stuff. It's brutal, but well, it would help create a Bitcoin rebel. What do you want to do that for? No, please. It's a very lucrative business. People are Pac-Man down. People create [ __ ] and all the people who don't have a clue about anything, hoping to get rich, they go and buy any [ __ ]. And at one point, you, having been there from the beginning of cryptos, what do you really think about cryptos? Do you think it's the future of human economy? Everyone, but they ask me what I think. Cardano is written in Haskell, you see, which is a programming language that I earn a lot of money from, but it's very interesting because the founder of Cardano, Charles Hoskinson, was on the initial team that founded Ethereum. And do you know why he founded Cardano? Because he thought it would be a [ __ ] [ __ ]. Because Vitalik, who is a [ __ ] useless person, and he argued with him because he was useless. Because something good about Ethereum, and bad at the same time, is that it's a mess. Ethereum has the philosophy of "move fast and break things," which is the American startup philosophy. We make a quick mess and keep innovating. This is good because it produces a lot of innovation. I mean, everything that has happened on Ethereum is almost impossible to have happened on Bitcoin. Because in Bitcoin, for example, the scripting they have, Bitcoin allows for multi-signature contracts for pay-to-script-hash, four things, I mean, four payments can be made. Because they don't want things to break. Because when you introduce things, you introduce attack vectors and possible messes. Ethereum doesn't give a [ __ ] if everything breaks. They say, "Let's make a [ __ ] of the scripting language, Solidity. It's a terrible language. Let's start making smart contracts, and hackers will hack them, and they'll be looted, and they're made in the ass." Let's go to hell. If people lose money, we'll see what we do. We'll do a little bit. If not, to hell with the world. That's the Ethereum philosophy. And that's why I don't like Ethereum. Because I'm a guy who believes that the world of cryptos is a very serious world, and software should be made very calmly and very carefully, because there's a lot at stake. The point I'm going to make is that thanks to going all out like that, all of DeFi, all the innovation in the crypto world has happened on Ethereum, because it would have been impossible for it to have happened so quickly on Bitcoin. Because Bitcoin's corset is so rigid, you wouldn't have been able to do all the crazy things that have been done on Ethereum. So, I understand Ethereum as the "eBay" of the crypto world. It's where people get hurt, so we move forward, and we'll see. So, Charles Hoskinson, who is the founder of Cardano, took the opposite extreme. He said, because, of course, you have to think that Vitalik is a type of information, Vitalik is a loser, a 18-year-old kid, who may be more or less smart, but in other information, and to do these things, he doesn't have the information. And he's a guy who, well, he put in the effort, got in early, by luck, whatever, and by teaming up with other people, they ended up building the project in a messy way and moving forward. So, Charles Hoskinson is a mathematician and comes from the world of research. He's a much more formal guy. How do you define Charles? Charles Hoskinson, mathematician. He's the first one that comes up, and this gentleman is the one who founded Cardano, and he's the founder of, well, among other things, he's the most visible head of Cardano. At the bottom, Input-Output HK, which is the company that's more or less behind all that stuff. But this guy is a super formal type. So, with Vitalik, he argued because he saw the messes Vitalik made and said, "But what is this [ __ ]? We're going to mess things up big time here." So, he left and founded the Cardano project. And look, they chose Haskell. Haskell is a programming language, part of Smith, and it's very formal. It's almost more like doing math than programming. You can almost prove that the programs you write do what the specification you propose. So, these guys teamed up with the University of Glasgow, with a lot of people, started writing papers, proving that Proof-of-Stake had the same guarantees as Proof-of-Work, [ __ ] and all that. So, of course, that's the totally opposite way of what they do. These guys go step by step, write scientific papers, try to prove that everything they do is safe. But of course, they never, ever release anything. You know why? Because they want to do everything so perfectly that they never finish. For example, now, to release the smart contract platform, how many years have they been saying they'll release it? It's a meme, right? They say they'll release the smart contracts. The reality is, why? Because they don't want to mess it up. And these things are very delicate. So, my personal preference is the approach Cardano takes over the one Vitalik takes. But that doesn't mean that Ethereum is much more successful commercially or that you'll make much more money with Ethereum. Because in the end, it's like companies. If you want to make a perfect product and never go to market, you never make money. Maybe I'm a bit in the cryptos, in the future. We, the cryptos. Look, I'm a guy, and I'll tell you again, I left my entire scientific career and everything to dedicate myself fully to cryptos when people laughed at me. My old man said, "What are you doing playing video games with Rambo?" Back in 2011-2012, he'd say that. It's a bit like the history of YouTubers, but different. Because now I'm retired, and with a message of support, and now my father tells me, "Well, the gamble paid off." And besides, I had a lot of fun learning all this stuff. This excites me a lot. The first day I read a Bitcoin paper at university, it fell into my hands by chance. Because at that time, I was dedicated to distributed systems. I have a doctorate in coding theory, as I said before. And this is basically how to prepare information before sending it through a channel to correct errors. For example, language is an error-correcting code. Because when I tell you, "My name is Haskell," the "I" and "my" are the first person, both. And in redundancy, if you lose the "I," you say, "My name is Haskell." You know I'm talking about myself because of the verb conjugation, for example. Even if you've lost part of the message, you can correct the error. And this, language does it naturally. It helps us communicate. No one designed it, but language has evolved to do these things so we can talk. And in computer science, this is studied to transmit, so you can talk on the phone, or so you can access it when in network systems where there are nodes that can regenerate information from those that are missing, and so on. So, Bitcoin, in essence, is also a distributed system because each node in the Bitcoin network is a system that creates a copy of the blockchain and so on. So, one of the improvements that Ethereum is actually making, which I think they call "sharding," that should be added to the Bitcoin network, is to reduce the fact that everyone has a copy. It's very redundant. You could do more or less the same thing, and the nodes would only have part of the information, and somehow it could be regenerated. But anyway, I'm going off on a tangent. You're boring me, and you're giving me a speech, but you're not answering me. So, the guy doesn't know who his friend is who fixed his life. He has the payment, he has a paper, and you have to invite him to more results. First, I'll go to a talk, and after the talk, I think he was the director, among the papers he gave me, because he had the paper by Bill, who told me, "This is a distributed system, what we're talking about, but a real-world application. Read it, see what you understand." The first time I read it, I understood nothing, and I said, "These fields too." Then I forgot everything, and I think I spent three or four months ignoring the topic. And one summer, when I was back in August, bored and fed up, I said, "It's bothering me." I said, "This paper I read that I didn't understand anything, I'm going to read it again, see if I understand something this time." So, the second time, I understood it. And then, in the crypto rabbit hole, I said, "This is the [ __ ] that's going to change the world." It was there right now, and as a result of that, I said, "I'm leaving everything, I'm done with research, and I want to dedicate myself to this." And at that time, I was living in Singapore. I told my wife, "We're going to Ireland," because we didn't want to stay in Singapore anymore. For a passport, etc., we can go there easily because we're Europeans. Ireland is a city with a lot of tech people. I thought, "stupidly," and "Let's see if I meet someone there who knows about cryptos." And I think I arrived on Monday in Dublin, and on Tuesday, there was a talk at the university about cryptos. I went up and talked to a couple of guys, and I met some people who were implementing the entire Bitcoin protocol from scratch. And I was a person from the audience. I started talking to him, and the guy said, "Oh, why don't you join us?" And this guy had been in cryptos for about two years at that time, and I joined this group. I spent a year and a half every day in a workspace next to this guy, who was an encyclopedia, who taught me the entire Bitcoin protocol, how it works, and so on, without charging a single dollar. Your wife is super bullish, the bitch says, "This seems cool. Dedicate yourself to this." I already told you, and I'll pay the bills, and even if you don't get paid, you dedicate yourself to it, boss. Your wife. I'm very grateful for that. She always allowed me to spend a couple of years learning cryptos without getting paid, and she took care of everything. And then, do you want to be a Bitcoin creator? You know that. I think one of the geniuses, the first one, live, one of the geniuses of Bitcoin is precisely this. Because, you see, when you know who the creator is, attacks can be made. I mean, imagine tomorrow they catch Vitalik, and his whole family loves him, and they say, "Brother, or you do this, your whole family..." No, no, no. I mean, discrediting. Imagine tomorrow, I don't know, Vitalik does something very shady. Like, they put him in jail, or he's involved in a scam, any nonsense. Then people would attack Ethereum and say, "No, it's because we had this scammer, we don't know how many." There would be a very strong attack on the currency by attacking the person. I think that's a guy, or a girl, or a group, or whatever, extremely intelligent. Because by removing himself from the picture first of all, it removes a lot of problems for him. And second, you can't attack Bitcoin by attacking its creator. Because you don't know. I vote for Hal Finney, who is a guy who died in 2013 of ALS. He's the first guy who transacted with two Bitcoins, who was paid. The guys from Stratos paid him, and he paid a guy. Well, everyone started transacting with Hal, and no one else. People who exchanged Bitcoin. And this guy was a cyberpunk. He had the knowledge to do something like that. It could be, I don't know. Honestly, I don't care. I prefer that it's not known, and I prefer not to know, for the reasons he gives. So, you don't have a single euro in Ethereum? Well, I have Ethereum because you're saying all sorts of things about Vitalik and talking too much about Ethereum. Well, because I'm also a miner, and I also wanted to make money. I have much more influence in Ethereum. And in fact, when Vitalik came to the office of Blockstream, where the landowners were... I should have said no, because he wasn't offering me to buy. I mean, when I was there programming my [ __ ] for equality, and I was the only technical guy in the London office, because at that time Blockstream had 10 employees and they were spread all over the world, and I didn't live in London at the time, but I went that week to be in the office and get to know them, because I had recently been hired, and to meet the CEO and little else. So, the Ethereum guys were looking for funding because they hadn't launched the project and didn't have any [ __ ] [ __ ]. And Blockstream, which was one of the companies with the most money at the time in the crypto world, Ethereum didn't exist yet, mining existed, [ __ ] [ __ ]. And they had managed to get a lot of funding. So, the Ethereum guys, who were desperately looking for money, came to the Blockstream offices to ask Blockstream, as a company, to fund them, not to give them money like a startup. They said, "We have the project, and we need someone to give us money." So, the CEO, who was technically a [ __ ] useless person, roped me in and said, "Two geeks are coming today to explain the Ethereum project. I don't understand anything about the technical side. Can you come to the meeting with me and see if you understand anything they say?" So, I said, "Okay, I'll go." So, Vitalik and another Russian, who was quite a bit older than him, who I don't know who he is, surely he must be known at the time, and I didn't care either. And they both wrote in front of me with their laptops, showing me, they wrote a smart contract with Solidity, which they hadn't even launched Ethereum yet. And they told me all this stuff about it being Turing complete, that smart contracts for singers, children, would be able to do smart contracts, and none of this existed. And I didn't have to buy anything. And simply, when the meeting ended, my boss asked me, "What do you think of this?" I said, "Well," I said, "Ethereum is going to lose a lot of money for your people, right?" Because not even... In fact, my boss bought quite a bit. And I told him, "To me, it seems like [ __ ]." Because of the approach, the messy approach, that it's going to go up, that you'll make money, I don't know when, I don't know exactly what they wanted to achieve from Blockstream as a company. They wanted them to give them 5 million to keep going in exchange for, I don't know how many Ethereum. In fact, the presale of Ethereum, I think for one Bitcoin, they gave you 2100. So, before launching, they gave you 2100. That's nothing. Like the presale, so to speak. It's one of the mistakes I could say I've made in my life, among others. Because at that time, I had quite a bit of Bitcoin, and I could have bought 10,000 Ethereum for 5 Bitcoins. I didn't do it. I didn't do it. But well, I don't know. I haven't done badly either. I mean, if I were to think about every crypto I haven't bought that has multiplied by 10 or 100 in front of my eyes, I could shoot myself. But you can't think that you'll have these markets in front of you and always make the best decisions and always buy everything low and sell everything high. It's unrealistic to think that this will happen. So, the ones I don't believe in are the future. They are not the future. I mean, I think the future is the university. Have you seen that university professor again? Yes, she's my thesis advisor, and I have a very good relationship with her. She's also a millionaire. In fact, she didn't get into crypto at all, and she didn't even pass me the paper. She bought a small apartment in Mallorca. Oh, don't kid me. I don't know the details with our lady, and each one is free to discard everything. Everyone out there, everyone. The lady who gives you a paper, thanks to another, a small apartment in Mallorca, which is going crazy, and we're talking to another person, and I feel a bit bad because it's like that. I'm going to tell you something. What do you think of all this that's happening? Well, his personal opinion of Vitalik is totally respectable, but his smart contracts, Ethereum, and Cardano, practically all of crypto is built on Ethereum, and there's nothing on Cardano. And the first thing I've done is that Vitalik's personal opinion has nothing to do with the project being successful. Not even more so. The fact that the project is a mess doesn't mean you can't make a lot of money, whether it goes well or badly. And the first thing I told you too is that the fact that Ethereum has been a mess has allowed them to have a lot of innovation, and that's what has led them where they are with all of DeFi and all the smart contracts. Well, that's what I'm telling you, that despite the failures there have been, I remember something quite famous. I imagine you remember it, and you were there from the beginning. In BitMEX, when trading was stopped on Ethereum. For this reason, what they've said, you've done some things obviously very badly. I personally don't know him, but I think everything that Ethereum has achieved will not be achieved by any other currency. Obviously, and things like that. When people say Vitalik is a genius, in what sense? Because, I mean, Vitalik hasn't had any great idea that you'd say, "Wow, this guy came up with it." Of course, but in the end, when you look at Ethereum, you're looking at Vitalik, who created it. And nobody has deep knowledge, maybe like you do, they don't know that behind it, you know. That's why they say he's a genius, because it's the second largest crypto after Bitcoin. And I think that's like saying the guys who made YouTube before Google bought it were geniuses. They had an idea that no one could have thought of. Visionaries, yes. So, yes, they were the first to do something that no one else had done, or almost no one did. Obviously, there's a crypto that gained traction. I don't know, the right movement at the right time. That's it. That's being in the right place at the right time for success. But there were many people who tried to do something like YouTube before YouTube, but it probably wasn't the time because internet connections were [ __ ] for streaming video. And so, if you made a YouTube before YouTube existed, it probably had little use because the conditions for it to exist weren't there. So, many people were understanding this. And at the moment when the optimal conditions were there, market groups, consumer base, number of consumers, because the internet in '96 was [ __ ] for God's sake, no matter how much YouTube did. So, it's being in the right place at the right time. So, what can be attributed to Vitalik is the idea of making a language, I mean, a cryptocurrency with a Turing-complete scripting language. It's a revolutionary idea. It's an idea that anyone could have had, but he was the first to implement it at the time it needed to be implemented to design what matters. But I, for that reason, don't want to take away his merit in the sense that it's good that they did it, but I don't think he's a genius for me. Because they are people who have ideas that no one else has, and they are not people who have taken advantage of the moment or had luck. I don't want to say luck either, because in the end, luck is sought, and you have to be there. I don't want to sound too much like a hater of Vitalik. What he has is Ethereum. He bought Ethereum. So, yes, I have Ethereum. And well, if you trust, you trust. You trust that Ethereum will be useful for the world that is developing and that it will grow. But how could you have two accounts? It's a [ __ ] [ __ ]. It's made with its ass. In fact, the nodes of Ethereum, they don't hold up because they weren't maintained before. Well, maybe now that it exploded this year, maybe some people have started working on Ethereum. But I worked at a company that, after Blockstream, which is very small, what they did was collect data from all the cryptos. We connected to all 200 different crypto networks and got all the market data, trading, prices, from everywhere. We packaged them and sent them to people who bought them. So, Bloomberg bought that, or Fidelity. In fact, I knew that this year there would probably be a boom because of the institutional aspect. Because when I worked there, I was seeing how institutional companies like Fidelity, Fidelity is one of those funds that serves people who want to make money in investment funds, and so on, they invest money there. It's global, it's brutal. And when these guys, nobody knew, they were investing in cryptos. I knew they were buying our data. So, it was clear that they would offer crypto products for the masses. Therefore, there would be an injection of capital in the coming years, and so it has been. So, when we worked with them, we had many problems, for example, working with Ethereum nodes, because Ethereum is [ __ ] [ __ ] and they don't scale, and they are [ __ ] [ __ ]. Ethereum nodes crash 2, 3 times, and we had incredible problems. So, I can perceive the quality of a crypto. For example, when I was working doing these things, and that doesn't mean that you, who are a [ __ ] meme, and that all the geeks on the internet can buy Dogecoin like crazy, and that more comes and says, "Dogecoin, it's talking to you," and that Dogecoin offers a big jump. In the end, the quality of things doesn't have to be correlated, not at all, with the price of things. So, it's not because, of course, when you have a meme, it's not because of quality, it's because of that. But what's important is utility. The important thing is hype, and people buy things because of the [ __ ] hype. And the more you spend on marketing, on all this [ __ ], and the more you appear out there, because in the end, you'll tell me, of all this chat here, of the three thousand people here, how many are capable of doing a technical analysis of what they're buying? Nobody. People buy things because someone tells them, because he's a streamer, because the name is cool, or because many people talk about it. Period. 95% of people, if I give a percentage here, it's a bit of a guess, but sometimes it doesn't matter what you think. What's important is that you're capable of doing a bit of a surreal analysis. Honestly, all this for those of you who are new to Immortals, I don't feel like an hour has passed. All this has been due to apologies, because we know we've been chatting, you and I, improvising. We were talking calmly, Immortal, and I, well, I would never dedicate myself to trading. That's a big thing in trading, Immortal, you surely know much more about it than I do, because I'm always a technical guy, and the only trading strategy I've done has been holding. In fact, I've bought, I mean, what I earned working, I've put it away. I've avoided trading at all costs. I remember once, when I was starting, well, I don't think it was in the Christmas crash of 2013, when all that happened with Mt. Gox. It was going from 800 to 300 bucks in seconds, and then back to 700. And I was with a friend, and we thought we were too smart. "Let's double our Dogecoins here with the tip of our fingers." And we bought at the very top, all the work of everyone, and we went home with our asses red, and with incredible stress. And I told them, "Look, I'm not going to do this. I'm a technical person. I'm done with this stuff. I believe in cryptos in the long term, so I don't care, and I'll keep it, and that's it. And I prefer to sleep peacefully at night and not even look at the price of Bitcoin." So, yes, it's true, it makes you think. We're not talking about things in the future. I answered. I think so. I think that the reason cryptos are important is because of their censorship resistance. I mean, if I live in Australia and I want to send you a million bucks, and you live in Spain, I can do it in Bitcoin without asking anyone's permission and without anyone being able to prevent it. And for you to participate in this financial system, neither you nor I have to ask for permission. We can create a program that generates a Bitcoin address and starts receiving payments. Imagine creating a program that has a bank account and having to go to the bank to beg for a bank account to be created for the program because you say you want to play God. If you want to create an entity that can receive payments and you don't control it, the bank will kick you out. So, the most important property that cryptos have for me is this. And from there, all the DeFi madness, all the Wild West of innovation in the financial world, which no one can stop. What I don't know is if people value it. I don't know if cryptos will be successful in the sense that people don't even understand or value this. I mean, most people don't leave the country they live in, so they don't understand how difficult it is to move money around the world, nor is it a problem for them. They say, "I'll do a Bitcoin with my friends, and why do I want Bitcoin?" That's what most people tell you. And I don't know, it seems like the years are proving us right, and it seems to be going somewhere. And then there are the scalability problems. Crypto is very difficult to scale. And tomorrow, if Bitcoin becomes the world currency, it's impossible. Any other, Solana, they say, "X thousand transactions per second," and so on. I'd like to see them. I'd like to see them with the volume of load. And everyone promises the moon, but so far, in 10 years, I haven't seen anyone who has given me a crypto where the fees don't go through the roof and that really has scalability and the same guarantees they claim. Brutal. I don't know. I'm here for the ride, and then as a spectator, to have fun. For the ride, and for the risk of riding, let's say. You're not here riding, riding the whole thing, raiding someone who came from there. Well, as I said, I don't fail. I think it's interesting. I think there's been some pretty cool content for the few who have enjoyed it. Someday we can talk. We have contact. We'll see. Maybe someday we'll do a little chat when we have a bit of time. Okay. Come on. Navajas, he has a deadline. Today, I'm not going to cut off a finger, but I believed you. It seems like everything you say is true. You seem to dominate this system quite a bit, and you've been in it for a good time. I wouldn't have to invent this whole story, but in the end, I don't give a [ __ ] if people create it. Well, each to their own. If people, I think they want you to come back. In fact, if you want to pass your Twitter privately, and then I'll leave it in the chat, and whoever wants to follow you or whatever, they can have it on your profile. I prefer to remain anonymous. My Twitter is my real person, and I don't like being a public person. Angel, really. A hug. See you. [Music] No. [Music]