This is the Daily Tech news show for Thursday December 24th 2015 on Tom Merritt and I'm alone, but I'm not alone In fact, I have the entire year with me because this is our best of 2015 show Wait, what what it's Darren doing here. I thought I would be doing this alone just to myself. Mmm This is the first Daily Tech news show of 2015 And the show's now a year old I'm Tom Merritt happy new year and that's how 2015 began with DTNS contributor Darren Kitchen who showed up on his day off It was a fitting start for what turned out to be the year of the contributor You know welcome to 2015 every brand wants to be cool The the packets don't care and then Veronica you got sent the emoji English Dictionary The more people I know the more I love dogs Which is up dot dot dot two people up heart dog dog dog dog And I bet you Phil Spencer could produce a pretty good album I hope he has nothing else in common Gaming on mobile however much people say is the next big thing is Not as big as well It doesn't attract the gamers that enjoy gaming as a specific hobby It attracts gamers at that that do this as a pastime of sorts. I got to finish my laundry Really just tell us you have to wash your hair Len. Gee I like the meatloaf and fish fry excuse is better. You're losing your creativity as always the year in tech began at CES We actually are gonna have the three stages of CES on this show Got me avoiding it Molly on her way to it and Tim You wouldn't believe the lengths that Patrick Norton has gone to to help Jenny Josephson get this going Alive from CES, but you guys are there. Thank you so much. It's awesome It's It's a pleasure to watch you work tapes and tools and General tinkering involved it was insane our first new DTNS contributor of the year Patrick Beja had some strong things to say about the Internet of Things. I am really unimpressed by Samson's vision and the way they're selling it. It seems to me they're sort of doing things in a Futurologist way like they're showing us fancy videos with tomorrow is now and Tomorrow is beautiful in the future You will be able to sit on a chair that talks to your monitor the future They're selling us is really expensive and it's not simple and even stronger things to say about pretty much everything else if you take a step back Microsoft is in the media at least way more important than it was under Balmer and that's already in itself something that's really important We're hearing about Microsoft doing bold things that Some people have questions about them But I don't think anyone is saying this is completely ridiculous and he's gonna sink the company the next DTNS contributor Justin Robert Young showed that his intelligence was far from artificial when talking about artificial intelligence when you Read some of this and you talk about like making sure that this form of life is Subjugated and and docile You can't bring it close to human understanding without Thinking of other times where we have talked about human beings being subjugated and and docile and better for us And and not for themselves. Although what themselves would be is something that is unquantifiable right now, so it's it's fascinating but Really terrifying when when really smart people are kind of worried about this and and in the midst of Elon Musk having a huge Moment for his his SpaceX company the next tweet he writes about is Another pet issue for him, which is the danger of the coming AI Now the fascination is not we can save everything. It's what can we delete? You know snapchat is You know becomes popular at least in its initial offering because it because it is ephemeral I feel like there are a lot of assumptions that we made six months ago with this conversation Including let's go back to January when that first Verizon ruling came down and now all the headlines were Congratulations, welcome to the doomed internet the only person who can stand in the way of Total destruction now is this pawn lackey bought and sold a puppet commissioner in Tom Wheeler Is Tom Wheeler's future in the senator in the White House? I mean this is either he had this huge change of heart or he is a far more skilled Politician than any of us had really initially when we were calling him a puppet lackey sell-out suck up I had any concept of he is this is Frank Underwood level smart and I personally believe he'll be our president in a year and a half Because here's the problem is is you know, that wasn't the place at the time I can't just come on the Daily Tech news show You've entrusted me to show a different element of my personality that I don't really get a chance to do one a lot of Shows where I could dust off my degree from the SI Newhouse School of Public Communications located in Syracuse, New York But when when you really break it down what you got to focus on is the fact that Taylor Swift Okay writes a Tumblr right about Apple music So here we go Taylor Swift Apple music Taylor Swift Apple music and you think that that's a connection. Uh-uh, uh-uh It's on it. It's on a tumblr, right? What's tumble log? What what tumblr is with their own by Yahoo Marissa Meyer runs Yahoo What did Marissa Meyer do today Marissa Meyer went and said that they're gonna have their search in with JavaScript So now where does JavaScript get worked in you think that maybe it's just gonna be Marissa Meyer Taylor Swift got into a room and said hey How's this Apple music gonna thing go down me while JavaScript comes in and says I think that we need to make sure that all These indie artists get paid because I like to enjoy music that every here at a bar one day Okay, so JavaScript comes in and says that's what's gonna go down some Marissa Meyer goes back Taylor Swift She writes on a tumblr log next thing you know any cues halfway through a run runner and his phone goes off And he says what the hell's going on falls into the pool wakes up and says okay Let's go ahead and get Taylor Swift on Apple music.  Yeah Do you know what happens? It's murder. It's like yes It is it is it's absolutely like I then it's like a great disturbance in the network as if millions of packets Suddenly cried out in terror and then we're suddenly silenced or dropped Yes, they just prop to the floor. I'll always remember the watching wrath of Khan and Just not believing that a character like spot could die And now we're reliving it for real. So I just thought it was very fitting for me to draw What I what I took out of that what I take out of this entire thing of course his last words his last tweet and then this image of Not really it's not Kirk, but it's just anybody actually it was it's supposed to be your hand Tom That's how I worked yourself in there, but But it says any any of us who are reaching out and you know, he's behind this glass Just kind of a poignant image For today's show So I just thought it was very fitting and all the while we got tantalizing hints about what DTS could be with a Full set of contributors like this discussion about Cuba with Veronica Belmont I mean, we've known about this for a while because we've heard about these things I called a picket they some and all the USB drives that are delivered each week to to Customers or to distributors where they basically plug in a bunch of TV shows movies Newspaper articles magazines pretty much any media you can think of from the outside world bring it into Cuba I think they probably someone has a connection a decent connection to the outside world who is then putting it on to a USB drive that is then being disseminated throughout the country Because internet is a major problem there, of course, we've had they do not have easy access to the outside internet Internet connections are available at cafes around the country, but it is very expensive people have been setting up Nodes internet nodes throughout the country now. This is not technically legal But the government kind of lets it slide a little bit because they have they self-regulate. It's especially Fascinating because they're making it happen on their own You know, they're not having the big support of a company like a Google or a Verizon or an AT&T None of that has happened yet though now that the sanctions have been taken away Hopefully that will start happening though a lot of people are gonna lose this source of income They have by creating these packet they seminars to to pass around information on or the people who are being paid to manage the Nodes as we climbed closer to our Scott and Veronica goal. We were joined by an amazing roster of DT and S guests Let's punch Monday in the face Because I used to hate unboxing videos and I still do but I hate I hate the Overproduced that's take 20 minutes to take something out of a box because of the plastic like I can't stay in those kind of videos But but but we we like like looking at other people take stuff up box It's a it's a real phenomena like yeah, it doesn't matter what it is if you got a good personality People just like you're seeing your experience. Well, you're un-boxing and subsequent stabbing of the Alexa was one of my And I think it is unfair to say that the telcos don't want free and open internet What they want is the freedom to put in their own Money-making opportunities in other words they invested into laying these lines and they want the right to make money off them However, they want they see themselves and this is what it comes down to they see themselves as an information service an information service Like a cable television company says we have information that a customer wants and we will dole out that information to the customers We deem appropriate and that is that is where the opposition is going to come they're gonna say the internet is not a Telecommunication service. It's an information service. I'm not sure I buy that Simply because the information isn't being provided by the telecommunication service It's being provided by lots of other people openly in other words a cable company doesn't create the channels But the cable company goes and makes deals and says okay We have these channels and we will now provide them in the case except in the case of Comcast where they own NBC Universal Right where they're providing it. So they're saying look we're information Well, and in the case of Time Warner as well, I mean you almost wonder was that the long game all along Was the long game to just go ahead and get into content so that they could be a little bit of both We need a lot of bandwidth, right? Like I just wrote a big story about virtual reality and the possibility of streaming virtual reality video to the home now Compression techniques are gonna get a lot better and so on and so forth But that's a big video super big video if a truly unexpected use case comes along like Multi, you know dozens of gigabyte-sized virtual reality files that people suddenly can't live without on Facebook We want the ability to say hey Facebook. You need to you need to pay us a little extra for that when you think about it You just you spent you know pretty much I'm sure 99% of the folks that listen to this show and any podcast tech show are the support the Administrators for their families and their friends and you tell them don't open emails that you don't trust Don't just give away your password don't change your password update your machines And it just doesn't it's really starting to realize that it doesn't matter anymore because they're just a you're being attacked from Everywhere from stuff that you can't even control It's being attacked. I'm glad to see Microsoft taking some steps They've been traditionally so bad that it's a good sign I've got a good friend who's in a wheelchair and has accessibility problems from a from a mobility standpoint And when when Windows 8 came out it was completely and entirely inaccessible to him where Windows 7 was accessible to him He makes his living on Windows and and they had all these references still to things like the start button So they very clearly didn't even look at the accessibility features before putting out Windows 8 What has happened as a result of the technology in our lives and I hear a lot of people say well It's ruined your local your friendships and I realize for me it has fallen into three categories categories Because of the technology I have friends. I wouldn't have if it were for the internet I would not be friends with Tom Merritt if it were for the internet, right? And then in May our contributor roster was complete Joining me today in his first time as an official co-contributor co-conspirator and Co-awesome guy mr. Scott Johnson to the frog pants network I could not be happier to be here. Thank you so much and huge. Thanks to the patrons who made it possible Join me today in her first day as a newly minted DTNs contributor co-host of Sorton laser and regional parallel parking champion Veronica Belmont Hello, I'm excellent tower you Tom. I am well. We did it Or they did it actually we didn't do anything they the bosses did it I think that there's definitely still Situational use for emojis. I think that you know We're not going to be writing novels in emoji for real other than to be like a cute kind of kitschy thing Not at least in the next 10 to 20 years. I hope not the current emoji state You know that the way emojis are now maybe you know calm 358 Not you know gum 7 or 8 if it can have a keyboard at this point It's going to have emoji and we're standardizing them and we're adding to them all the time and I think that's that's a good thing I think it's good to have that common language set across all different types of technology But it is it makes you laugh and it's kind of cheesy because they are so cutesy and they are so You know, they're they're meant to be fun But so people don't take them seriously But I think there are a lot of interesting implications on what it can mean for language down the line with the drone thing I feel like we're going to get more amateur Drone photography taking place in these previously unpopulated areas where bears perhaps You know kind of go to chill out So, you know just a reminder if you have a drone and there's a fire burning nearby Land your drone. Just land your drone. Hold on. I'm gonna say it one more time If you are flying your drone near a wildfire Land your drone and just for the heck of it call the fire department You know if you see a fire with your drone land the drone call the fire department Let the professionals handle it You don't need photos of the fire more than the firefighters need to put the fire out There's no equity when it comes to user experience and there can't be is there also It's also impossible to say that someone might really like the way Facebook does their interface and people might really like the way Google Plus do does and then and the never the twain shall meet so because I could be a web designer and make a really crappy user Experience and somebody else makes a better one and pulls in my feeds and content from there It's impossible for me to do much about it except build a better experience So what we have here is a big 900 pound gorilla with an experience people are used to and that they hang around in a lot And then you go over to I don't know New York Times or somebody who's Maybe that's not a terrible experience But it's certainly not the same and they're less comfortable with it and they don't want to go out to it Wait for it to load and everything else as a user makes perfect sense as Publishers and and and aggregators and sites and news organizations. That's where it gets a little bit hairy So I gave you an example earlier I think I still stand by I've thought about it a bit since we talked and that is this But when steam came on the scene in the in the early odds and said here's what we're gonna do here at Valve We have this idea. We're gonna unify gaming experiences on PCs where right now it's just kind of scattershot and all over the place and The same fears were expressed. Oh, no You won't be be visiting my site where we built a site to support our game instead You're gonna go to this Unified one place this platform you're gonna get our game there and we're gonna have to give a share to them Those guys and you're never gonna come to see us again and it's bad for publishers It's bad for everybody and players turns out complete opposite happened PC's never seen so much growth largely in part because of what valve did with with steam and its continued success I've got the actual line Scott It was we're working closely with valve to make Windows 10 the best platform for VR gaming Okay, so that's their turn. That's their terminology and that's a thing to say I suppose But did anyone in their right mind anywhere on this planet think that we wouldn't be able to run The Vive or the Oculus Rift or any other PC focused Device on a Windows machine like I understand it's 10 and I understand them saying well We want it to be the best it can be and that's a lot of PR talk But that was like announcing that We want an announce today that every HP laser printer you buy is gonna have drivers and windows Like of course, it's gonna work. We had a blast at Nerdtacular and Dragon Con I will translate all the time because people send me messages on Twitter, and I don't know what they mean I'm learning a lot of language that way Encryption and security concerns were topics that recurred early and often on DTNS in 2015 Even if everybody agreed, okay, we'll have a backdoor for legitimate governments to look in with a warrant You know at certain times that backdoor Will be exploited by people that you don't want to explain what I cannot abide is the disregard for Fundamental freedoms that the ministry of the the minister of the interior is showing here and I think what it Shows is that? he does Realize that there is an issue with the law because he understands as that that people would care if they they knew that If they realized that all of this constitutes an infringement on fundamental freedoms So he's saying no fundamental freedoms are okay It's just privacy that we're touching and you know He's trying to have his cake and eat it too. Yeah, if he was saying We need to attack fundamental freedoms in order to be safe At least we could have an honest debate and I would be okay with that and if people still choose to agree with the law then Fine not fine, but you know I wouldn't be as outraged as I am right now the Apple watch and the coming of virtual reality were recurring topics, too It's always a possibility You know people predict doom and gloom for each new product and in each time Apple proves is wrong I do think this will do well, but I think it will follow a fairly slow trajectory In fact, I think the trajectory will probably be similar to the original iPhone Because this is the kind of thing that people are going to need to see see other people using before they really think That this fits in their lives and it was pretty much the same way with With the iPhone because people had smartphones before and people saw them They were clunky and they have styluses and you know, you wore them clipped on your belt and nobody wanted that So but then when people started to see the iPhone floating around this or say oh, this is this is a very different sort of thing But you know this year I think it'll be a pretty niche thing. I think it'll be pretty limited sales To me the interesting thing is that we are on the cusp of another real push For VR and it took 30 years to get here, right? Because the last time we saw this happen There was this expectation that VR was going to be the the next Iteration of computing that it was going to become the way we would interact with computers moving forward That's why if you watch those movies from the 90s It always had people being put into a virtual representation of the computer like hackers Are actually going through a physical maze and encountering a skull and crossbones. Oh, that's a firewall If only viruses were so easy to see Little little nasty objects on the screen, but exactly But but there was that thing where where we had this idea of what the experience was going to be like And then if you actually went out and pursued the experience You saw what a huge gap there was between our expectations and what we could truly deliver So basically the simulation I did was just you know, I put on the headset and the gloves so I can you know do this whole bit and see astronaut hands and it's kind of like being picked up by the scruffy neck really and They just flew me around the International Space Station And so, you know, I can kind of look down and look how there's there's the earth and over my shoulder I can look far back in the distance and there's the moon Yeah, what are the graphics like like? What does it actually look like through that thing? Does it look like the best video game ever or does it look like when you're looking at the blue marble? It's it's you know the way that I put it so and I put this in the story Um, I mean it it's not like a hundred percent photoreal, but it's so close You can really just suspend, you know believe for a second and they actually have this poster That's like outside of the lab That's like very large and it's sort of this you know this image of the earth and part of the space station and So the public affairs officer I was with was telling me that you know It took him a really long time to realize that that wasn't a photo And I just had this moment where I was looking at it and I just I got really close up to it And I was like oh my god, that's not a photo, you know So it's sharp. It's really sharp getting our weekly contributors met We could start to book special guests like Dr. Lisa Zhang Do you also speed up the process of getting the data because you're you're making the request for the data And because it doesn't have to go let's say to a server in Japan To get it because that's where the file is Sitting on a server that you've had to call through the browser instead You're saying oh a copy of this an exact copy of this or this exact file is somewhere in texas It's much closer in a server that's more, you know closer to your network Therefore it's going to pull from the closest one Are we saving bandwidth as well as as well as increasing the speed at which we get our data back You are exactly right. Yes, there's a savings in multiple friends So we leave the freedom like I said to the network to decide And uh, this reduced the complexity Reduced resource consumption as well as increase the security Now I agree with you Reading about this and information centric networking Which was van jakemsen who's working on name data networking his his theorization His famous speech a few years ago that makes me think that if it's not this it's something very like this or something that comes out of this That helps us figure out how to solve I mean we didn't even get into it, but there are implications on net neutrality that make it less of an issue There's obviously the things about security that we talked about so I I will be following this as well And I know uh, there's folks out there who have the skills to contribute to this And I encourage you to do so named data dot net now I don't do a lot of high-end cinematography using drones. Um, you know, they're definitely Heavy lifters that you can put red cameras on or DSLRs But my so so from photography stuff, that's mostly what I do. But what I do have here Is some of the drones that I've built which are used for different purposes.  Yes, not a fence. There's no most Yeah, most of our listeners are on audio. So it was a quadcopter with four Uh propellers on it. Yeah, right. No no animals are kennels dog. Right. Right. There's no right exactly aerial dog fighting kind of like robot wars in the air Okay, it's never saying eddie is the michael vick of He is definitely not we got one more contributor this year the man who takes the tech news and makes it thoroughly Disreputable in the best possible way mic range with the weekly tech views blog posts on saturday even made a book out of it Everybody got quiet Oh, sorry all the fun people left It's just us regulars now. No, this is grumps I'm gonna get grump No, I speak for myself only in tom.  Oh, are we still live? I'm sorry. Yes, we are Wait a minute. Boom goes the dynamite headshot That's rather insulting It wouldn't be a best of show without a little bit of the post show where we pick the show titles and generally blow off steam Wow, I in it. Good show you guys. What should we call it? That was a great show. What should we call it? Great show. What should we call it? So really darth vader brings out the poetry in our chat room because we have I find your lack of wi-fi disturbing And my favorite this is too long, but connect to me and we can rule the internet as father and son Oh connect to me and we can rule the internet as quiet as server Yeah, oh my god minor minor edit. Woo come on. I am your wife father I know that is amazing Lenin, I am your statue. Okay. Yeah come to the wi-fi side come to the wi-fi side The thing is like I don't just pick the one with the most votes I combine like votes and as a tiebreaker on the ones we like So just like artificially inflating the number of votes isn't going to help you. No, this is a meritocracy not a democracy It's a merit merit Yeah, it's a merit. It's not changarchism either I mean if you want to come to a house to kill that spider, that would be awesome But don't do you have a car because you get right here. Oh, well then yes Text me or text me your address. I'm not even joking about this What I'm thinking we do is we take one of those glazed doughnuts and then we hooked like four rotors to it And then we fly it Then we crash it Crash it into my mouth crash. Yes omg Actually, what if all of the propellers like what if the propellers were made out of like sugar, right? And then like it lands and it's like it's you know forget the drone delivery What if the drone delivery is the edible and actually, you know what? I feel like we could just do away with the expensive electronics because it's going to make it more As long as we make the sound when we pick up our coffee cup and go I feel like the the rc model community is missing out because typically we're using things like carbon fiber But it's it's not as good. I actually have a pole in my house, but that's because my wife is polish It's absolutely we didn't even go racial I mean, I don't know why you guys have the kids poles. My wife's awesome It was the second week of the show or and I do I demand I demand a 60% stock and you gave it to us And I'm rich All the thousands hundreds of dollars insurance you are paying me actually thank you I have to have stretch goals for Veronica's because uh Lamar's gold plated By the way, I'm going almost walking by the way, did you see that while this was all going on? No, because I'm editing. I'm not seeing I'm missing her first steps Hmm. I know can you imagine if ellie walks for the first time on this show live it would be like the truman show Our track that's Oh star trek four. I just rewatched four the other day. It's the best movie Oh, so we can fight about that too. No, no, no, it's not the worst sky Worst time travel is going to check five is the worst. Okay, you're right Giant five for bed. I'm sorry six. I wait. No wait five is the is where they go find god, right? Oh, is that I thought that was No, six is okay. I need my baby. This is good. Well, someone asked you if you're gone.  You gotta agree with me here You can't be shot around the sun and turn time backwards. I'll agree with you there You put you know what that's the thing though that that actually established that whole thing for the rest of the star trek universe So if they've done it since then Worst was red matter. You know, what's fake going faster than the speed of light in the ship that looks vaguely like a vulture But it's possible It's a warp bubble roger. So the shape of the ship doesn't matter Yeah, it doesn't actually it doesn't matter if you go in the dilithium crystal interact with the answer So this is the thing I don't understand about the slingshot around the sun We could go back in time. We go faster, but you're already going faster when you hit warp speed, right? Is it warp one? Yeah, but then you add speed No, but you're going faster through normal space not through warped space Well, so it's very important to mention and this is a big problem. That's a that whole movie featured Not one enterprise ship. It was all the Vulcan ship. That's it It's not a vulcan It's a Romulan or Romulan. No, it's bird of prey, right? Cling on bird of prey. Yeah. I'm also another thing to keep in mind fictional I can still do most of the Animaniacs.  See like it's all what you learned Don't you hope somebody too Washington out of Jefferson Madison Monroe Adams Jackson Van Buren Harrison Tyler poke Taylor film or Pierce Buchanan Lincoln Johnson Grant Hayes Garfield Arthur Cleveland Harrison McKinley Roosevelt Taft Wilson Harding Hoover Coolidge Roosevelt Truman Eisenhower Kennedy Johnson Nixon Ford Because I learned it in 76 Nobody came after Ford After Ford I could do it, but I have to think I mean Ford Carter Reagan Bush Clinton Bush Obama Wow, that's that's impressive. Oh shoot. I meant to watch it in 3D wait Those are so cool Are they you like these? I was I saw Eileen Uh, I like I like those the bb-8 brand. Yeah Well, so they had captain phasma kylo Ren storm trooper and bb-8 Did you see in 3d? It's the only light side of so I went for bb-8 I think that's good Do you saw it and see you saw it in 3d then? Yeah, what do you think in 3d 3d or 2d or does it matter? Uh, it I don't think this movie in any way changes what your opinion of 3d versus 2d is normally, okay Yes, it was like should I see nine max 3d? Like can you see it nine max without 3d? Yeah, I mean if you like 3d then you should probably see it in 3d But if you normally are like I don't really care about 3d. There's nothing here that would change that Also, is it it's hard to cry into 3d glasses? Oh, I can cry anywhere anytime any glasses any hat You just need to get better crying. I've been trying to like, um, manage how much I'm gonna cry in the opening by listening to the repeated Star Wars opening game like all right. Here's here's the one thing I will say Here's one thing Oh So that was 2015 the year of the contributor and we couldn't have done it without Your contributions. That was the most important part. Thank you for your emails your voicemails your medical minutes your tech and trades Your patreon support your PayPal contributions and just generally being the best audience That we could possibly ever hope for you're the smartest most supportive audience in podcasting And we couldn't do it without you extra special. Thanks go to rich straffolino and phil shane They logged this whole year and found all these great clips for us huge Thanks to brice castillo for editing this and of course never ending Thanks to my producer jenny josephson for the blood sweat and tears that went into organizing all of this That is it for 2015's best of our email addresses feedback at daily tech news show.com You can call us 51259 daily Although we won't answer the phone until after the first of the year catch the show live Monday through friday After the first of the year at 4 30 p.m. Eastern on alpha geek radio dot com and diamond club dot tv and visit our website At daily tech news show dot com back on the next show with our quarterly analyst check in talk to you then This show is part of the frog pants network get more at frog pants dot com Hope you have enjoyed this bro


greetings, my esteemed audience, a sensitive poet here, checking in from a beautiful Hyperborea. I'm checking in with a valuable insight. I hope it will be valuable to many of you at least So as you see in the title of the video How to stop worrying about the future. Now perhaps many of you, you've already read Demigod mentality so this teaching will be familiar to you, but I will Say it again, and that is that your thoughts shape reality. I can't stress this enough This will be I will repeat this many times because it is a Very powerful insight that you will the sooner you understand it the better So you've probably heard many wise men have said the following as well That is that your problems are often bigger in your mind than they actually are when you encounter them And if you place your thoughts if you believe that a problem will be bigger it will become bigger as well so if you want to reduce the size of your problems don't give them so much of your Mental attention simply put so another example from Demigod mentality I share in the book a little story from the military service. We had to repel down a cliff Very scary stuff indeed now since we were all exhausted and it took time for each Soldier to repel down.  Now, of course, there wasn't any any danger of Any true danger because all of the safety mechanisms they were in place But it was still the the the fear of shame should I do something silly upon my descent down because you know the cool Officers they were watching and everything like that and the rest of the platoon or most of the platoon at least they were watching But at least the main point the main teaching I wanted to share there is that I'm so fortunate in that I fell asleep before because that meant I didn't have So many minutes beforehand to worry about it because if I had worried about the descent It would have been a lot worse then I would have been Paralyzed with fear maybe who knows it was very good that I managed to sleep So that is one teaching you can have in mind and the the lesson here is that if you don't think about it It will be easier So if you have a big problem ahead of you the more you worry about it the bigger that if you call it a demon You have a big demon in front of you The the more afraid you are of the demon the more powerful it gets So the private of its power by simply don't by simply not worrying too much about it at all now This is absolutely not to say that there is anything wrong with fair fair is good and normal because you can use it as motivation And it's you know a sign of intelligence that you're afraid as well because if you aren't afraid that means you Yeah, you simply don't know what you're up against especially when it comes to Certain things so if you live in Gotham City, it's normal to be a bit afraid But that fear will leave you will lend you some motivation to better deal with the situation So for example, if you live in Gotham City, you feel a bit uneasy Then it's good to use that fear to put you into a state of being a bit more alert and you know train MMA or Anything like that and this also leads me to a second teaching I also share in the rune chapter of them a God mentality and that is in regard to the rune Pertho, which is the rune of the word of fate of gaming as well actually so you can view the teaching as a dice and You throw the dice and you see okay, which side does it show me does it show a particular side? That means one path you will be or a Challenge or an issue you will be presented with and then you have from one to six Something happens and now the main teaching here is that there are things That are always good to have no matter what side the the dice Shows you so you roll Certain number that indicates a certain challenge a certain problem a certain path in front of you Then there are things you can prepare for all of these outcomes. So no matter what happens. It's always good to be healthy It's always good to be socially Skilled it's always good to be strong. It's always good to Be knowledgeable everything like that. So for example, as you know, I always have a lot of different projects going on I always need my mind to be as sharp as possible. So I know that Whichever side the dice Shows me I need to be as sharp as possible. How can I ensure that yes by sleeping? Well, so it doesn't matter if I have you know if I want to train a hard gym session or if I need to write something or even make a video or a podcast or something like that or if I have to do some business stuff that requires my Mental attention, then I know that I need to sleep as good as possible If I don't sleep then I will not be able to handle any of these issues that might Arise in the morning. So I know that no matter what life throws at me. I need to sleep Well, then I have you know, it doesn't matter which side the the dice shows me I will be able to handle it anyway So that is one thing you can bear with you the teaching of the rune of a pair throw that no matter which path You need to take the better equipped you are in every aspect with you life in a holistic manner, so Whatever challenge comes to you you will be able to deal with it because you have prepared in in every way Same thing when it comes to whatever it might be really So if you are good if you're trained in one thing you probably will be good in another way as well So for example, I sleep well and then it doesn't matter if I have a physical challenge ahead of me or a mental Challenge or whatever it might be. I'm fully ready to take on the challenge So anyway long story short do sleep optimize your sleep now to respond them to the question in the title How to stop worrying about the future? Yes, the best way is to be too busy to be able to worry So if you are too busy optimizing your Everything in the now then you won't have the time to worry about the future So if you are afraid of illness later on in life, yeah, do what you can now to reduce the risk of sickness later So do a 24 hour fast then you will Magically transport your problems in the future where they are a lot bigger to the now where they are a lot smaller So for example, I'm afraid of I'm afraid of a lot of different things I will admit to you my dear supporters and subscribers and viewers. I'm afraid of a lot of things Completely normal for me to be afraid of a lot of things about the future But I'm also too busy optimizing my my own power and presence in the now to be able to Even have the energy to focus a lot on the future So I've taken all of these troubles in the future. I'm bringing them to the present and now I can deal with them So no matter what it is. I work tirelessly in the now So I'm planning what do I do tomorrow to make myself more robust for the future So I don't sit around idly worrying about Will Sweden collapse in 20 years? Okay, what can I do now? Yes, I can work Metapolitically I can try to help as much as possible shifting the overton window so we can attain regime change. I Can network with like-minded individuals. I can be as robust and healthy myself as possible Then I will be better equipped dealing with the future So the mental technique the magical technique here you need to do is you take your problems From the future you bring them to the present and say, okay, how can I deal with this right now? So for example if you are an 18 year old guy and you look at black filling content on the internet about women Etc. And you worry that perhaps I will never get a wife. Perhaps I will never get a girlfriend anything like that Take that problem that is in the future because you don't need a girlfriend now when you're 18 You need to get as jacked as possible in the gym So you take that problem from the future bring it back to the present and ask yourself What can I do tomorrow that will enable me to maybe find a wife in 10 years just to take an example Yes, then you go to the gym get as jacked as possible. This is usually the Teaching at hand because when you understand the holistic nature of the gym It all makes sense and also if you do feel worried about stuff do try to go to the gym Squat heavy because when you're squatting heavy you don't have any problems in the future because you're too busy trying to survive in the now So go and spar some MMA some Thai boxing Train hard in the gym do some heavy squats because again when you're under the bar You don't have the energy or time or capacity to worry about anything else Anything else than not being crushed by the bar. So it's a very easy way for you to Simply banish all of the demons of uncertainty in everything like that So if you squat heavy in the gym, most of your problems will evaporate So that was the teaching for the day main point be too busy Be too busy optimizing yourself in the present to worry too much about the future and again all of your problems They are most likely bigger in your imagination and they gain strength that demon if you will it gains strength When you yield your energy to it so focus on something positive focus on the greatness of my teachings and or something else positive, and then you will be better for it. So hopefully that was Helpful to you and yeah, do check out all the links in the description box below XO


My name's Howard Diner. In case you're wondering about the title for this, it might be a little bit enigmatic, let me try to explain. There's a saying that I used to grow up with, you know, with doctors, you know, you call the doctor, the doctor says, take due aspirin and call me in the morning, right? Well, there's another part of this presentation that we did yesterday in the open space, you'll see a little bit of it here, called red bead experiment. So I want you to take two beads, call me in the morning. This is one way that we can get to manage software projects better. I first, oh yeah, here's the whole thing. I first want to talk about what it's like, what you usually experience as you go through and put together a piece of software, do a project, do a product. What does it look like? Well, for me at least, I find that as things keep on falling in, it's like, you know, things falling out of the sky, all the what's, all the when's, all the why's, they keep on changing and at the same time, the who's and the how's of making this stuff happen, they also change and we have to stay current with that or, you know, the stuff that we do becomes inefficient, very hard to do. So when you do it right, at best, it kind of feels like an organized chaos is taking place. Of course, if you're not doing it right, we get into this cycle, a bad cycle, a very bad reinforcing cycle where we somehow plow through the stuff, we get it done and just about the time we're about to wipe our heads, we do it again. Okay, so it's kind of like the Toils of Sisyphus. So, how did we get there? What went wrong along the way? My feeling about this is that we tried to look at how we produced things. 20th century was all about how we can produce things efficiently. We looked at guys like Henry Ford. We looked at Taylorism. We looked at the scientific way that we can improve the production of goods and thought that we could actually apply this to software. Now, what you're seeing here is a picture of what's called Rouge River. It was built by Henry Ford in Detroit between 1907 and I'm going to say 1918 or so. The plant itself was a mile long. At the one end of the plant, the idea was to take in raw steel ore, raw rubber, and other raw materials, build a car on a long, long assembly line, and at the end roll it off, start the engine, and drive it away. They got very good at that. Okay, we engendered a whole middle class that can now consume those things. Unhappily, we tried to apply those same kinds of principles. We started breaking down the work that we needed to do into small little pieces. We started employing people, giving them titles. Okay, and saying, your job is to do this, your job is to do that. Rather than the way they used to build cars, which was to employ craftsmen that understood the entire process from the beginning to the end. So, Taylorism came to play. With car making, a lot of it has to do with blueprints. I've figured out this stuff. I've done the engineering, everything works, and I can give it to somebody and stamp it out. Time after time after time, it reduces the cost. It doesn't work with software, does it? So, it doesn't work with software because we never really build the same piece of software twice. When you look at software, instead of the type of process that we use, a predictive process, we need to do something that's more adaptive. Something where you employ it with guided missiles. If I want to put a missile on target, there are physics that define the path, second order differential equations that will define the path. I can aim the missile at where I think it needs to go. But the missile itself is going to be subject to forces of chaos, tiny manufacturing defects, small currents in the air, things that change. If I don't take that to an account, I'll never be able to hit my target. I need to be able to correct course, which is what we do with iterative development. If you look at software, the development of software, it's actually a kind of a wicked problem. Wicked problems are defined as those problems where small changes in either requirements or the way that we get to a solution have nonlinear effects. In this case, those nonlinearities will be on the resources and or the schedule. So, if you look at this diagram, what you're seeing is that I don't know everything in the beginning. My solution is going to be something from the requirements that I know now and the requirements that I have to learn. And somehow, I have to cover everything inside there. And this is why we have those nonlinearities. In any case, this is an example of a nonlinear problem. There's a bridge in Seattle that was built called the Tacoma Narrows. And engineers didn't understand some of the hidden requirements inside that problem. And this is what happened when they built the bridge. Well, we have another problem here. Now, the reason I chose that clip is in our releases, when we have late changing releases, many times things actually fall apart right at the very end, which is exactly what we don't want. We have these kinds of collapses. So, let's talk about how we can get things better. I'm going to start with the quote that everybody remembers. Those that cannot remember the past are condemned to repeat it. This was done by a guy named William Edwards Deming. Show of hands? Good. Okay. If you know about his background, he was actually a statistician. He actually worked in the predictive process arena originally. He was tasked with helping the US government produce goods for the Second World War. He was very good at it. Unhappily, after the war was over, he couldn't find a job. And he ended up finding a job in Japan, helping the devastated industries there rebuild. And he did stuff that was kind of interesting. This is a picture of the Red Beads experiment. Right? It was a great analog to help people understand what he was talking about. Deming worked with a lot of the people like in Toyota helped them understand things like the build the Toyota production system. You know, those were the original thoughts that went on before it. These sort of analogs were very illustrative. Now, what I want to show you is a short clip from training that I did last year. This happened to be at AT&T in Seattle. And let me just show it to you first. Hopefully it's humorous. Now, the reason for this clip is the process that we put upon ourselves, the extreme ceremony, the forms, all of the pieces that are supposed to go, the gates that we are usually associated with are replicated in what we did what we did it yesterday too. Okay. And some of the takeaways from that is that too much process kills the things that we're trying to do. There's something adaptive about it. We can't put process on top of it. And in fact, the biggest thing that we're producing is not just software, but software that has quality. Right. We can't incentivize the stuff away. And I'll talk more about that too. And I want to give you one thing before we get into the rest of it that kind of explains it. The iron triangle of development. Couple. Okay, for those that aren't familiar, we can describe the physics of software development. I don't want to draw on the board because I think it's kind of set in its ways. A triangle. So this triangle has vertices at features, at resources, and in time. And given a setting of two of those vertices, the other vertex is going to be fixed. So if I have a set of resources, and a certain amount of time, then the features that I can put together are determined. If I try to move those features around, I can't do it because the iron triangle will break. The reality is that the iron triangle isn't quite descriptive enough. It's actually a tetrahedron. There's a fourth vertex that connects the other three. That fourth vertex is quality. So when we're when we're stressed, we're trying to get something done and our managers yelling at us, you got to get this done by law, what will we do is we lower the quality vertex. Let me talk now, which is what this talk is really about, about those 14 obligations of management us, given the time, I'm going to be brief and some and I'm going to go into depth in the others. Okay, but it's all kind of there. Okay, this was from a book that he wrote. Oh, I should give you the name of the book. Back in 1993, called the New Economics. Right. Again, nothing about software. It's all about people all about organizations. Deming was talking about forming a constancy of purpose. Okay, uses the word improvement of product and services. Why? Because we have to stay competitive, stay in business, provide jobs. In an agile world, what does that mean? In an agile world, what it means is that we provide stuff like the wise. Right, what what do product owners do? They specify what we need. They kind of prioritize it and say when we need it. And they tell us why we when we tell our teams and involve them for that constancy of purpose, people will react better. It's why the values of transparency, openness, those are those are really important. I happen to believe that a lot of what we do in agile and scrum in particular has to do with team formation. Okay, and in sense, that's why people wouldn't understand at first, how scrum could scale. Because it's about forming those teams. And we'll talk about that as we go. Yes, and it's all about how we reason with them. If we're honest, we're going to expect honesty back. Right, easiest policy. Then it goes on to talk about cooperation. Okay, we have to be able to involve everybody in his world. This was employees, customers and suppliers. What is it in our world with software development? Well, it's about working with the people that we need to work with, working with them in a way that doesn't say, here's what I do. Here's my card. This is what I do. Instead, it's what can I do for you? We're going to do this whole thing. We're going to figure it out. Okay, so we have to remember that the team can do more than the whole than any individual. And that we have to get away from heroism.  Deming says, forget about dependency on inspection for achieving quality. Okay, instead improve process. What do we think about in an agile setting that says the same sort of things? Where does this come from? Well, in an agile world, if you recall, most of the engineering practices that we want to use are from the XP area. Okay, the reason for that is that software is inherently complex. Okay, testing, the quality aspect of it, we don't produce quality software, we haven't produced software at all. So how can we do that and accept new requirements, make changes quickly? To do that, we have to bacon the quality from the beginning. It's something that you can't do with control. In fact, too many organizations confuse, you know, the QA role, right, quality assurance with the QC role, quality control. Remember, quality control is more about having that assembly line, looking at little pieces and flicking them off when they don't, when they right. Instead, what was that, what change was made by companies like Toyota? Teamwork, the insistence of quality from the beginning, stopping the line when things go wrong. We do the same sort of stuff in agile. Deming says, stop using price to give business. Right, don't reward contracts just on the price tag alone. Instead, talk about a long term vision. You've heard a lot of people around here talking about people like Bezos. Okay, and the idea of the long haul. Right. In agile, we also have that concept. Sustainable engineering. The idea that education and skill upskilling is important. Companies that are out there, I bet they're here too, that have, you know, the 20% rule, who works for a company that says like on Fridays, do what you want. And what happens? Okay, they're spending time on activities that they're interested in. Right, does that, what does the business get out of that? Right. And so what happens is that the people get involved in things that they're interested in, they grow in that Maslovian scale. Right, we start off at the bottom, you know, with physiological needs and work our way up, you know, the scale with love and trust and safety and all these things eventually come up to self actualization, which is what we do on Fridays. And then these people then bring this into the company. So those those kind of activities pay off very, very quickly. I hope you see find out. Okay, continuous improvement is important. Okay, Deming is talking about it in terms of production and service. Right, we talk about it. In terms of how do we improve our process? How do we improve our skills? We in a scrum world always do this like every other week. Right, and we take a retrospective. Interesting thing about retrospectives are the things that went wrong. Not the things that went right. The things that didn't work out so well. What was the root cause of those? Alright, let's not blame the person. Let's look at the system. Right, we saw this yesterday with red bead. Right, it wasn't just a matter of making more process to get better results. It was a matter of people saying, I think I understand why the and we don't know this when we start. Okay, we have to learn, learn about the products, right, one type of knowledge, learn about the project, project knowledge, how to do it, different things. And and once we do that and start employing a feedback loop, we can start solving the problem. Deming says Institute training for skills. Wow. For those people building forts, building cars. He's talking about people on an assembly line, which by the way is like skilled or semi skilled or unskilled or semi skilled labor. Right, he's saying these people need to be invested in. Right, well, if those need investment, then imagine what it should be for people that are working in a highly technical highly competitive, constantly changing workplace. Now, I don't know about you. But when we start thinking about the organization, and start recognizing this kind of equality, it has something to say about the way that we hire people. Right. Most people, when they apply for a job, company wants them to give them a resume. I've done this, I've done that, I've done this other thing. I did it here, I did it there. Here's why I did it over here. Right, company looks at the resume and says, ah, you're a good fit. Well, to me, that sounds like Taylorism again. Okay, we've predefined all the things that they can do.  It's exactly the wrong thing to do. Right, what you really want to do is to look at the person, understand their capacity for learning, not just their capacity for delivering or making very nice looking resumes. Deming starts talking about the idea of leadership. Okay, and he says institute leadership for the management of people. Right. Not saying how to manage people, but how to lead people. They have to understand abilities, capabilities, aspirations. Wow, that sounds pretty soft. Those are the sorts of things he never says in here, you know, recognize how fast they are at producing code or how fast they are at working on the assembly line. Okay, the idea about this is to help people do better jobs. So we forget that Agile is really about leadership. I like the way that Fred George is starting to put this and talking about not having managers for people, not even having leaders for people, but describing them as concierges. Okay, how can I have somebody that can get things done for the team, make them more than just we used to term servant leaders, have the team employ them basically. Now, there's more to it than that. Okay, people that are out there that, you know, have a business card that says management on it someplace, have to learn what it means to lead, have to understand what leadership is. They have to learn how to coach, how to improve people along the way. And it's not easy. It's much easier to be taught how to give orders and how to measure compliance. Alright, that's an easy thing to do. I like the way that Wayne Strider puts this. He's a management type consultant. He says managers use people to accomplish work. I think assembly line workers. Leaders use work to grow people. Upskill them, make them more valuable, be part of this sustainable engineering that is everybody's business within the company, driving out fear and building trust so everyone can work effectively. This is probably the biggest reason that agile transformations fail. Now, they may not fail in words. We may still have things that say agile all over them. Right, but they fail in spirit. And the reason that they fail is actually because of this trust factor. When people are afraid for their jobs, and they're afraid they're being graded, and that they're, you know, they're looking for compliance, they want to make sure that you make a commitment. You made, you know, you keep to it. Right, that's the way that we grade people. Then, of course, they're going to respond by making sure that they give you estimates that are high. Okay, they're going to respond by not trying to reach for a brass ring. Okay, they're not going to try to do the things that will, you know, that will really make, distinguish us, but rather they're going to make safe decisions all the way along the line. So, this is one of the most damning problems that we have is building teams where people aren't afraid. And where does fear, by the way, show up in Maslow scale? Right, two levels up from the bottom. I mean, right above like breathing, and I think safety, like having a home. Okay, fear is a very potent thing, and it's bad. You see this hard. Yeah, I shouldn't have said this. The sorts of things that we talk about, you know, where the lies, how did Craig Lorman put this, turning reds into greens, the green shifting that occurs?  Right, so those kinds of dashboards are like, gosh, you know, talk to me about truths, you know, don't make up lies in statistics. Let's keep on moving. Breaking down barriers, avoid, abolish competition, and start talking about win-wins. To me, all of this stuff has to do with the ideas of abolishing titles and establishing roles. Understanding that we need everybody on the team to be able to contribute so the ideal teams that we have will be generalized specialists. Where we don't have generalized specialists, what are we going to do? We're going to look to develop the people to give them the skills that the team needs. So if I have a QA person, I don't want to just stamp them like, QA, you do testing, that's all you do. Make sure that they start understanding their developers too. They're developing different things. They're using scripts maybe instead of C++, but they have the capability of learning, okay, and mentor them into better things. We need high performance teams. It's very hard to go out there and just buy that kind of talent, especially in a domain that's specific to you. The most amusing one, of course, has to do with demnings, talk about eliminating slogans and targets and whatnot.  When I do that, I know that we're in trouble. We can't inspire people to have innovations on Monday morning. What we can do is create an environment where when those things happen, they're rewarded. Need to eliminate the goals, numerical quotas. This all has to do with metrics, right? Now, agile doesn't really have much to say about metrics. If you read like the manifesto and whatnot, there's really nothing in there about this. But that's not to say that metrics are bad, okay? Measuring are things that we need to do. If we're going to improve, we need to know where we are so we can understand if we got better. Okay, but the sorts of metrics that we use are not the sorts of things that just respond to a state or measure the wrong thing, right? I once worked, the first commercial product I did was extremely bug-ridden. We couldn't even release this to our friends, okay?  Every time we find a bug and fix it, guy fix it gets $100. And instead of our defect count like trailing down, it went up enormously. You know, some brainiac just figured that out. But anyhow, true story. Joy, remove the barriers about, take that raw people of joy. Again, think back with the assembly line. Think back at some of the silent films, okay? Buster Keaton's. Okay, where they have like the mechanized world and there's some beautiful science fiction stuff in the twenties or metropolis about that. It's assembly line thinking got us into a lot of trouble. Instead, start thinking about creating outcomes, right? Let's not, let's not measure behaviors and reward on behaviors. Let's think about outcomes. Team has a good release. Team finds that, you know, that they can get the features in that the customers actually need and do it on time. Well, instead of going back and giving out individual, you know, $100 bills or equivalent. I used to say take the team to Disneyland, but the equivalent here. Now an interesting thing, I just work with a client in New York and they replaced a scrum master for whatever reason. I don't, I don't even remember why. Under the old scrum master, things were going well. The product owner came to me and said it looks like it used to be funner around here. And the new scrum master was kind of a task master. He wanted to take a agile project management tool and create more reports and more statistics and thought that that would be better. When we concentrated, did the coaching on making things funner in the office. We got much, much better results. Education, self-improvement. I've kind of said this a lot, talked about the difference between product knowledge and project knowledge. We're looking for more than commodity resources. We're trying to build high performance teams to get the stuff that we need done. Finally, everybody in the company has to accomplish the transformation. He wasn't talking about agile transformations, I am. It shows in your training. You don't have training for just the scrum master and expect that the entire organization is going to get fixed. Everybody comes in. The guy who started Starbucks, a general owner of a name of Schwartz, and he had a saying which was everybody in the company has to learn how to make coffee. So when leaders start understanding what the implications are of doing things, and the people that are doing things understand the implications of what the business is all about, you'll get much, much better results. So as you can see, we're looking at the end and available for questions and comments. I know that we ran over a couple minutes here. We have a way to start. We happen to connect with you guys. You can link in as a best way, and thank you very much.


Welcome to Digital Asset News, the top stories in crypto, current digital assets, and break them down into bite-sized pieces. Today, we're going to go over some important things. It's a reminder of what you agreed to do, which is an exit strategy. Now right now, I know everybody's talking about how fantastic Bitcoin is doing and it's going to go to the moon and everything else, but just remember, if you have a plan in place, you need to follow it because like my man, Jaco says, discipline equals freedom also. We have Alex Moshinsky from Celsius on the show tomorrow. We're asking him some questions, so it'll probably air on Friday, and we really need to get to the whole basis of what is going on over there. And finally, we'll take a look at Q of the Day, where we have an interesting tax question. So we'll get to all that, but first take a look at what's going on in the market. So today, it is November 18th, it is 9 a.m. Texas time, trying to get things done early, so what do we have? So Bitcoin did touch 18K, and that's pretty fantastic. Now it has retreated a little bit to the 17.7 mark, but look, it's been a fantastic week, let's be honest. It's at 60% up for the week, 3% for 24 hours, and everything is looking pretty darn good. Now yesterday, I talked about don't FOMO in and dump all your money into Bitcoin. People are like, wait, this is different than 2017. This is going to be totally a new aspect of cryptocurrency assets. We're going to go to the moon and nothing's going to stop us.  Yes, 2017 was a little bit different. It was a lot of retail investors. Yes, it is true, we've got a lot more institutional investors, but here's the thing, these institutional guys, they've been doing this for a long time.  If you don't think that they're going to do those types of things and tricks that they do in the traditional market, I think you're mistaken. I could be wrong, but really what I think is going to happen, and this is just pure speculation just like this entire market, is that we're not going to go to 65 or 150K overnight. It's going to take some time. We're going to go up. We're going to go down and up and down. It's going to be two steps forward, one step back, sometimes one step forward and three steps back, but we're going to keep going at an increase where it's going to go. I have no idea. The first thing is to hold on to some of your money when you are buying in dollar cost average in because it is the safest opportunity. I don't know what's going to happen. I don't know what's going to happen tomorrow. I don't know what's going to happen next week or a month from now. We don't know if we're going to have another situation come up that really bottomed us out in March. I don't know if you guys remember, but in March we went from a Bitcoin price of around 10K to like 4K in 48 hours or less, I think it was, because of the COVID-19. I don't know what's going to happen in the future, but those days, those options that if they do come about, you're going to be happy when you didn't dump every single dime that you had into cryptocurrency assets because you're like, hey, I'm just waiting for some big dips. The opposite is true. Yes, it's true. You could catch the tidal wave. You could be at the very beginning of the massive tsunami that is coming, but does that happen? Statistically not. I'm not here to tell you to just put it all in and just let it ride. Really just be disciplined. Just be an intelligent investor, and sometimes you're going to miss out on some opportunities, but for me personally, and you can do whatever you want to, me personally, I think to myself, I'm going to miss out on some opportunities, but I'm going to try to play it as safe as I possibly can for the maximum amount of gains. And look, from outsiders looking in, we're the crazy one. So when I say like play it safe, people like, I would never put my money into Bitcoin. It doesn't even exist and blah, blah, blah, blah, right? Which is the things that we talk about on here. But for me, I have a plan. I'm going to stick to that plan, and I'm going to keep going forward. So Ethereum 470, not real much movement, so that's okay. Chain lengths up 3%, above 13, so pretty happy about that. Look at Litecoin, $70, not too shabby, 3% down. Actually everything is down. Bitcoin, 2.2, da, da, da, da, da. 5% for, oh, I guess, okay, everything's pretty much down. Except for Celsius, hey, Celsius above $2. Congratulations to all you Celsius holders. Pretty good week for you guys. We're going to have Alex in here to answer some questions, so that'd be good. 10% up for Yurn, I don't know why, sure. 2.7 for Waze, got to look into that project, it looks pretty good. Compound down, actually everything's down. My friend Jerry Hall, over on his channel, he doesn't get a massive amount of views, but he says some really great things, pretty smart, and he had this comment today, I was listening to his video very early, and he said, you know what, we talked about institutional investors coming in, and how great it's gonna be for the crypto market, he goes, but you gotta remember, they're not coming for, you know, coin market cap of 287, they're mostly coming for Bitcoin, and that's why we're gonna see a pretty big increase. And again, some people will say, well, a Bitcoin goal and blah, blah, true. Well, you know what, it's older, it's over a decade old, it's battle tested, it's never been hacked, there's been no 51% attack for some of the things that people talk about, how great they are. So you just have to remember that these institutional guys and gals, they're coming, they're looking for, what's the biggest upside with the least amount of risk? Sonya, that's it, let's move on. So before I get into the exit strategy, I'm really excited to have Alex on, they actually reached out to us and said, hey, would like to be on answers to questions, probably because I decreased my portfolio from 30% to 10%, not that I'm a big whale or something, but I do talk about it, and I guess people also talk about it. So it'll be interesting. I watched his last AMA to see all the questions, and of course, yes, they did answer the questions about the DNS propagation and the website and the app and everything else, but there was one in particular that really sparked my interest, which was the comment at 1556 to 2256, which was about six, seven minutes or so, which is how is yield created? And that's the big question for me, how is yield created? How are they able to get a yield of 5% to 18% or whatever the interest rates are today from all the different cryptocurrencies that we put on there? And really it was Alex just going round and round. He didn't really answer the question. I'll just be honest with you. You can listen to it, maybe I'm incorrect. I'll link it in the description, but it's the Celsius AMA Friday, November 13th, and 8,000-some-plus views. So I didn't really get the answer, but in one of those things he did say that he answered it in detail on a podcast called Magnates. And he said, look for Magnates and look for its finance magnets. Do a Google search with finance magnets and MECO. And this is the only one that I found, and it was an hour and 11 minutes long. And he goes, I answered the question about yield. I listened to the whole thing. I didn't hear anything about yield. I heard a lot of great things about concepts, about where the bank industry is gonna go, water kind of moves around the banks and into it. MECO, if you guys haven't watched this, he's an extremely smart guy, especially about finance and the way that he talks about parallels. But again, I didn't hear exactly about how is yield created for really anything, especially for Celsius. Again, I could be wrong. I'll link that in the description as well. So when he gets in here, that's one of the questions I have. Now, whatever questions you have, please put them in the comment section and we'll find out. I will say one thing though, as far as like yield, if grayscale, and this is from Y charts, if grayscale can have a premium, which the premium that people are paying are for grayscale to custody these digital assets, it's at 22%. So I'm thinking myself, well, if grayscale can get 22%, why couldn't Celsius do the same thing? So if Celsius is getting 22, or if Celsius is loaning out the cryptocurrency that we give them to someplace else and they're loaning it for 22%, then they could definitely do that. But the question really then becomes is, how sustainable is it? And then I think to myself, well, even if it's not sustainable, it is right now. So I'm just thinking to myself, these are just questions that only Alex can really answer and I'm excited to have them on. So let's jump into the exit strategy. So first up, before we get into that, check out this book by Jaco Willink. And Jaco, if you don't know him, he's an ex Navy SEAL commander, does a lot of different podcasts and books and has a lot of good information out there and the Twitters and the YouTubes and just a good guy. And I like to listen to him. I liked his books. And one of the things that he says that resonates I think with a lot of people is discipline equals freedom. Because the things that we have, the things right now, FOMO is, it's like just a small nine thing that eats away at us slowly but surely. And it caused us to break down the fundamentals of what we are here for and what we plan to do. So when you have discipline and you say to yourself, no, I'm not gonna do this. I had a plan in place. I'm gonna do this plan because all the other things are noise. It gives you the freedom to feel like you are not controlled by your emotions. And that is one of those things where I'm trying to get away from 2017 when I was in and also in 2018 as well. So these are one of those things that we talk about. I have a Bitcoin, Ethereum and XRP strategy. I'm gonna go through all three because one is pretty ridiculous. And I will just say this that if you look at any of my videos in the descriptions, there's going to be an exit strategy to scroll down.  You don't have to do this. This is just something that I feel I'm going to do. I'm going to explain to you why I'm gonna do this and why I'm gonna hold on to it. So first thing you have to understand is that I will never, ever, ever sell all of my Bitcoin. However, at some point you have to take profits. And this is one of those hard things that people really run into is taking profits because they look at the charts like, wait, Bitcoin was just $12,000 just like a month or so ago. Now it's at $18,000. It'll keep going up forever. It doesn't go up forever. And sometimes there are small corrections. Sometimes there are big corrections. So you have to take profits along the way because it's just for the best. Now, I am not saying to pull everything out and sit there and stable coins and go, well, waiting for that dip to go down to $1,600. That's not happening. That's probably not gonna happen. I mean it could, but it's not gonna happen. So I will just say this, this is my strategy, follow it if you want to. That's just what I'm going to do. So first things first, you have to understand, first you have to think yourself, where do I see Bitcoin going? So to me, I thought a reasonable Bitcoin would be $200,000. I thought it was reasonable. Now I think reasonable could be $250,000. Maybe even $500,000 is reasonable. But I think $200,000 is very conservative. So I'm gonna go with that. So let's say it's at $200,000. So I'm gonna start to sell at $19,900. And this is basically the easiest one that I could think of. And I have actually two, because one is all about percentages and not really rounding up or down. And the other one is just more simple, all the one down here. So just take it with a grain of salt. So my selling point is $19,900. Why is it $19,900? Well, I learned this from Mr. BXRP. And Mr. B talked about, he goes, don't sell for round numbers, even those kind of round number. Sell at some really crazy numbers, like $19,874 and whatever cents. And the reason is because everybody's gonna sell at $20,000. Everybody's gonna sell at $25,000, $30,000.  So you want your price to be filled. And if you're trying to fill it on Coinbase, you wanna do it on Coinbase before it actually crashes. Just saying.  You can set your watch to it. Coinbase will go down. That's why I'm always talking about, make sure that you actually check out this link here, all exchange fees and wallets recommendations. Because you're gonna want to sign up for as many different crypto exchanges and wallets as you can get your hands on before things start to crash. Cause don't rely on Coinbase only. That is a fool's errand. Or a Kraken or Gemini or anything else. They could all go down. You never know. So get as many as you possibly can. So just as a disclaimer, there are affiliate links right there. So you don't have to use these links. You can go right to Celsius, right to Kraken, right to Coinbase or Gemini. But if you use my affiliate links for like Gemini, 10 bucks goes to you, 10 bucks goes to me. Kraken, actually I don't think there is one. Celsius is 20 for you and 20 for me and so on and so forth. So again, you don't have to use it, do whatever you want. Say okay, so 19,900. I'm gonna sell before everybody gets in there, right? Maybe 19,7. And I'm gonna put it at 10%. So I'm gonna sell 10% of my total Bitcoin. And I just said, I have two Bitcoin, right? So I have two Bitcoin. So if I have two Bitcoin and maybe, I'm not gonna say exact how much I have. Maybe I have 100 Bitcoin. Maybe I have 1,000. I don't. But let's say I just have two, right? And I'm just gonna say, well, 10%, I'm just gonna sell 0.2. And the amount remaining is 1.8. So I'm gonna make a profit, hopefully, of $4,000 depending on what I bought, right? Great, so I have a little bit of money in the bank in case there's a massive dip, right? So then I'm not gonna sell until 50,000 because I'm just stubborn. So at 50,000, I'm gonna sell another 10%. So 10% of 1.8, I'm gonna sell 0.18 Bitcoin. I'm gonna have 1.62 left. So I'll make a profit of 9,000. And so on and so forth and so on and so forth down I go. But just know, I will never sell on my Bitcoin. And then if you wanna just make it super simple, same type of thing, but instead of really, I just round up or down. So 1.75. And then if you look at it, I'll make 155,000 if I do it this way, 141,000 if I do it this way. So this is probably the easiest one, actually. But there is one of these caveats. Well, someone could say, well, why don't you just wait till 200,000 and then sell just one. And then you get 200,000. You can do that, but the chance that's gonna happen, I don't know. And that's why I play it safe. And I'm playing it safe in a market that is pretty volatile. So these are just the things that I think about you can do any way you want to. All right, so that is my Bitcoin exit strategy. Again, you can find that in the description of all my videos. It looks just like this and off we go. So let's take a look at Ethereum. Here's my selling points. I think at $1,000, and let's just say I have 40, all right? I could have a thousand Ethereum, but let's just say I have 40, right? This is just numbers. I, in my head, I believe that Ethereum is a 10,000 coin. I've said that last month, I said that eight months ago. I said that a year ago. I think Ethereum is a $10,000 coin. So I'm a little more conservative than that because I think it's gonna go up. Everything's built in Ethereum, looking pretty good. The only hiccup I see is Ethereum 2.0. If it actually gets off the ground, how long is it gonna take? That's the only problem I see with it. They have the smartest people, not the smartest, but a lot of the smartest people out there. So the selling point for me, $1,000. So how much am I gonna sell? Just 5%. So 5% of 40 Ethereum, I'm gonna sell two whole Ethereum and I'm gonna have 38 left. So I'm gonna sell $2,000, or $2,000 worth of Ethereum. That's a profit. Let's say it goes down to 800. Well, great, now I can buy back in if I want to. Again, let's say it doubles. Let's say it's $2,000 worth of Ethereum, which is pretty easy, I think, to hit. So 10% of the remaining amount, which would be 3.8, let's just round up to four. I got four. And I'm gonna sell four at $2,000. I'm gonna make $8,000 profit and I'm gonna still have 34. And then 4,000, 6,000, and so on. And I'm gonna make around $158,000 out of the 40 Ethereum that I have. But remember, I'm still going to have 12 Ethereum left. And let's just say that it goes to 15,000. Well, great, maybe I'll sell another one. I don't have a plan in place for that one right now, but I will take it as I see fit because I'll have $150,000 in the bank and I'll be okay with that. I will probably buy land, honestly. I'm just telling you right now, I'll probably buy some more land or more real estate because that's just what I do. So that's it. Now, the other question that people always ask me is like, well, how do you do this? How do you get the whole ball rolling?  It's that right now on the exchange on Coinbase Pro, I have a little bit of Ethereum to get the whole ball rolling. I have two Ethereum sitting right there. Also on Coinbase Pro, I think it has Coinbase Pro. I have 0.2 of Bitcoin sitting there waiting to be sold for the limit order and also an XRP. And the reason I have just a little bit on the exchanges because people say, well, not your keys, not your crypto, that's true, it's true. But here's the thing. I need to take the emotions out of it. And if I don't have something on there to get the ball rolling, I am afraid that I will look back and go, you know, I think you can go up some more. So I'm taking the emotion of the equation. I am making sure that I am regimented and that I have a plan in place and I am disciplined because that will equal freedom because I will just say, I've already got it there. The ball is rolling, everything's in motion. Next one, it's easier to do.  So I get the ball rolling by having there on the exchanges.  So that's Ethereum and Bitcoin. That's pretty reasonable, I think, right? Just looking at it. Let's take a look at my awesome XRP plan. Nothing against XRP. Somebody asked me yesterday, hey man, why are you so bitter? Like, well, I'm bitter because I bought it at like $2 and $1.78 or something like that and then $2.46 or something. So not too happy. It's just an underperforming. That's all it is, it's an underperforming. Could it make big gains? Yeah, I think it could. I mean, there are is, there are is. There is a massive opportunity for a cross-border payment. So is XRP gonna be the one? I don't know. They have to get regulation in place which is exactly what Brad Garlinghouse talked about. But again, people will say, you need to sell XRP and get something else. No, I'm too stubborn and I'm still sticking with this. So you know why? Because I'm super stubborn. And that's just how I am. So my selling point for XRP, well, if you want to, I don't care. 318, 318 is my selling point for XRP and I will wait till the cows come home or I'll write it to zero. I do not care. I've already lost a ton, 80% plus, 90% in some situations.  So again, 5% on my XRP. Let's say I have 30,000 XRP. I'm gonna sell 5% on my total amount, 1,500. I'm gonna have 28,500 left. I'm gonna make $4,500. Great. Next price point, below $10. Remember, everybody's gonna sell at the all-time high for XRP, I think it was like 345, 335, someone fact-checked me. So at $10, everybody's gonna have their limit orders in. I'm not, I'm mined at 992. I'm gonna sell 10% of the total amount, 20,500, 20,50, and off and off and off we go. So one thing before I go, I'm gonna make 904,000 if XRP gets $200. Was that gonna happen? I don't know. It was pretty unlikely last bull run for XRP to go to next to nothing to three bucks. So you never know. I have no idea. But this is what I got. Even if I hit here, even if it goes to three bucks, I'll be pretty happy. Honestly, I'll be happy and that's good for me. And then one more thing I will make mention is that some people in the comments have said, hey, bro, your percentages don't add up because you got 2020, that's 60. My math is correct. Plus 25, that's 85%. Plus 10 is 95%. Plus 10% is 105%. That doesn't add up. Well, it does because remember, this is just the percentage that I'm gonna sell of my remaining Bitcoin. Not I need to equal up to 100%. So just be aware of that. And that's it. Also remember, this is two Bitcoin, not one Bitcoin, just the way that I put it together. But it's all up to you how you wanna do it. But this is my exit strategy. And the question I have been receiving is, hey, Rob, you still gonna take that exit strategy? Because things are going up so much. Yes, 100%, yes, this is exactly what I'm doing because I have a plan in place. And once I have things in my brain, that's the direction I'm gonna go. And that's really how it works out. So let me know what you think in the comments section and that is it for that part. Let's just go over the quick cue today, which is a tax question, which is mostly US people, but really it comes down to, hey, can I gift all my Bitcoin to somebody else or at least some of it and then not pay taxes? Now, let's jump right in. So everybody, welcome back to the office in the Houston home area. I will be going back to pass in a couple of weeks to the hotbed of activity for the coronavirus. But today there's a question that was pretty good. It's all about taxes. So it's actually a way that could potentially save some money, but we'll see. So this is from Ryan and he says, hey, I'm just gonna paraphrase this question. He says, hey, can I gift somebody, send a gift of 15,000 in crypto, whatever that is, to somebody else and then they can gift their cryptocurrency back to me as like in 15K. So it'd just be like a swap and then neither of us would have to pay taxes. That's pretty much what he's saying. I just wanna gift somebody 15K. They're gonna gift me 15K and we don't have to pay taxes at all. Is that how it works? And the second question is, he's talking about since I'm following the BCA approach, how does this work for long-term and short-term capital gains? The example was if I bought Bitcoin in May, 2020 and then I sell Bitcoin in May, 2021, how does it all work? If I buy half of Bitcoin in May, then June, then July, would I have to like stagger them as I sell them because long-term capital gains are better than short-term. And I'll answer the second one first. Yes, that's pretty much it. So long-term and short-term, it's just that long-term capital gains is anything that you make after a year of holding that whatever asset that you have that could be a land, it could be a stock, it could be cryptocurrency, it has to be over a year. So if you bought half of Bitcoin in May, you gotta wait in May, 2020, you have to wait a full year, like May 2nd, May 15th, somewhere around there to actually sell it to not get put in that short-term capital gains territory. That's all you gotta do, right?  So like, you don't even think about it. It's like, it's right there. So Gemini is doing a pretty good job. The second one is about the gifts, because it's like, well, I'm just gonna give 15,000 to somebody and they give me 15,000, I don't want to pay any taxes. And I was like, no, it's not how it works. I actually even reached out to my man, Shi Han, Chandra Sagar, if you don't know him, he is a crypto-specific CPA and I just asked him, is that, can we do that? And he says, no, we can't. He goes, you can gift someone a crypto of 15,000. The recipient doesn't pay taxes, no reports it anywhere. The sender has to file a form seven and nine with the IRS, only if the amount exceeds 15,000. So here's the rub. If you're gonna send somebody as a gift, 15,000 in Bitcoin, and he sends you or she sends you 15,000, you've already purchased that and you've already gotten taxed on the money that you did it with. So however you pay for that Bitcoin, right? If you have a nine to five job, right? You've got your salary, you've got your check and you just say, okay, I'm gonna take this much money that I have and I'm putting in Bitcoin. Well, you've already gotten taxed on that. So there's really nothing you can do about that. And then, well, some people say, well, what if I just do like, I put it into a theorem first, then I do an XRP and I do a Bitcoin, do all these transfers and then I put in a Bitcoin and then I send it away. Like, well, every single transaction you just did, you got taxed for it, right? And the next question was, well, what if I go to just immediately sell it? Well, you can immediately sell it, but it's the same thing, right? And if you immediately sell it, you don't really pay any taxes, but you've already gotten taxed on the front end. And then if you wait, let's say it's at 15K, you bought 15K worth of Bitcoin back in May, let's say it was worth 10,000. Now it's worth 20,000 and you go to sell it, you're like, ah, I got this nice gift. Still doesn't matter because you're gonna get taxed on the gains from 10K to 20K, even if you wait a year or more and you're in the long-term capital gain. So that is the big thing. And that's really what it comes down to. Now, as far as like tax deductions, again, if you are looking for a way to minimize your taxes, did a video, talked about the different legal ways you can minimize taxes using a Roth traditional or SEP IRA and I'll link that at the very end, looks like this. And that is it for Q of the Day. So it sounds like a good idea at first, but again, there's all these different laws and it's very hard to get away from taxes. Although I did hear one thing before I sign off.  Well, that works out pretty well right now because everything is going up, right? But what goes up will come down. So if you keep doing that for time over time, you're gonna have to eventually pay the piper because it's gonna go up and then it's gonna start to come down again and maybe down below what it is right now. So if you take that loan, you have to pay it back and I guess you could do it. It's just going to be a little bit of a Robin Peter to pay Paul, I guess. All right, so that's it for today. Let me just name the comments section and now let's jump back. So I have to answer your question about all those things. Thanks to Sheehan for again answering my questions. I really appreciate it. I gotta get them on the show. But before we take off, just wanted to give a quick shout out to everybody who has signed up for Digital Asset News, the YouTube channel. I really appreciate it and let's just do some random shout out. So Juno No, Dubnet, Keith Noir, Eric Larson, DJ Vinberg in Trust, nice. Eric Mitko, Steve Erlich. Yeah, Steve from Voyager. Juan Pablo Esperanza, Jamie Watson. Dad Beame, that's pretty funny. Jess Zadra and Patrick Mai and Frank Weinhammer. So everybody, thanks for signing up. Really appreciate it. If you like these types of videos, it'll be two months going to pop up on your left and right, not really sure exactly because YouTube does their magic and that is it. So thanks for watching. Appreciate it. Good luck on this bull run. We're going to see some pullbacks just remember and I'll see you on the next one.


Dvabindranath was here. Everyone was expecting him. It was an evening, just like this. The river Gaurai, Shilayidha, her village on its banks, the nearby Padma river. Yes, and all the village folk of Bengal, they were waiting for him. Today, after yawns, if anyone stands at the mouth of this river, he will hear the village of the river, the blue sky. All cry out in unison. Dvabindranath was here. What happened after that? There is no answer. Only clues such as these contained within the pages of two handwritten notebooks. Copies of 252 personal letters exist within them. Written by Dvabindranath to his niece Indira Devi between the November of 1889 and the 15th of December 1895. At a time when he was travelling, the length and breadth of the rural Bengal on a houseboat.