Well then, welcome to the Bitcoin Go episode two. I'm Bruce Wagner. Enjoy the meeting? Many ma'am. And Ed Gell? Ed Gell. Today we're going to talk with Jared Kenna of a new venture. This is Earth Shattering Bitcoin World News called tradehill.com. Tradehill.com is the newest best exchange site for instant Bitcoin purchases. And so joining us live via Skype is Jared Kenna. Hello, Jared. Hello. Where are you, Jared? I am in Chile. I am in Uda Mora, Chile. Is it Chile and Chile right now? Unfortunately, it's hot, and I'm wearing a suit there. So are we? So I want to take a break and just mention today's episode is brought to you by our three sponsors, bitcoinbonus.com, where you're rewarded with bitcoins for shopping online, and ambervertcreative.com. Ambervert Creative will create your identity in print, web, and online. And tradehill.com, which is obviously who we're interviewing today, tradehill.com is the new Bitcoin exchange for instant Bitcoin purchases. So back to you, Jared. So what's happening? Tell us the story. Well, we're going live right now. We're doing a few things differently. We're trying to make it a lot easier to buy bitcoins, a lot simpler and a lot faster, and obviously cheaper. So we're trying to offer as many varieties of deposit and withdrawal methods and currencies. Obviously, I'm in Chile, so Chilean peso was a big priority. Currently, we're offering the US dollar, Chilean solace, Chilean peso, euros, Australian dollars. Brazil's coming really soon. We just confirmed India and Israel. So we're going to have the Israeli shekel and the Indian rupee as well. It says Bitcoin really isn't a world currency. Yes. You're an American guy, right? That's correct. I'm a US citizen. Let's start with that. How did you end up in Chile? I invented Chilean girl. Of course. We're doing good. Yeah. We talked about it before you laughed at me a little bit. We're still together. We're doing great. So yeah, we went on a date or two. And then she moved to Chile. And I pretty much had to decide if I wanted to see her again and fly down. So I flew down and loved the streets. That's great. So now, how long ago did you guys, first of all, who was involved in this new venture? How did you get together? And when did you come up with this idea? Well, I've been following Bitcoin for a while. Unfortunately, I didn't put enough money in my 20 cents. But I've been following it since at that point, which was probably six months ago or so. I really like the idea. I like it from an economic perspective. I like it with perspective and everything. And I really wanted it to succeed. And I wasn't really optimistic in the beginning. I mean, I was optimistic. But part of me said, you know, this is too much. People won't understand it. It's a little bit too much to grasp. And then I saw how hard the community was working. And you know, well, this is a real grassroots effort. And then I thought, hey, how can I get a part of this? How can I make some money? And I looked at what's lacking. MT-Docs, they do a great job. I'm not going to bash MT-Docs at all. I like Tux, he's a great guy. And they've done a great job. But there's a lot of things you can do differently. Also, MT-Docs is a single point of failure with Bitcoin. Sometimes, in Tux, it wouldn't destroy Bitcoin. But it would be a major blow. Yeah. Do you think it's so distributed that you shouldn't have a single point of failure at least, or exchange? And the same with trade, though. I mean, as much as I would love all the Bitcoin volume to go through us, it's not a good idea to be distributed. So everyone agrees. Yeah, definitely. I think everybody agrees that, yeah, the less chance of a single point of failure, the better, all the way around for the whole world, for all of Bitcoin. Yeah, it's almost like a central bank. Exactly. Otherwise, yeah, it's like we rely on the Fed. So are you a developer, or what's your background? What are you doing before this? I'm into computers. I grew up screwing out computers, building them, playing video games, and all that stuff. So yeah, I can go up a little bit, but I've got some guys that are professional developers. And this isn't something that you want to take lightly. So I called up a few friends. We've got one guy who was a leading software developer for SpaceX, I'm going to shift to your familiar SpaceX. I figured if the guy can write a program to put a rocket in space, he'd got to work for it. So I called him up and called another friend who's actually the one that's going to be on the Spanish Bitcoin show, named Francisco Dagnino. And he worked for one of the largest investment banks in the world, and for confidentiality reasons, I don't think it's a lot to mention it. If he is, he'll probably say I'm a Spanish big friend of the other, and I'll do. He also worked for one of the largest US retail banks in the United States, and basically doing this, moving money around according to our code and all that. So how many of you guys are involved? There's three of us, we're the core, but we've brought in some other people as well. We've got, as much as the Bitcoin community might cringe at this, we've got some Wall Street folks. We've got some guys that do derivatives, quantitative finance, that type of thing. None of that's implemented yet, but that's coming soon. Derivatives, quantitative financing? So options, and I don't even know. Margins, margin trading? I barely understand what that is. How would those models fit into Bitcoin, because Bitcoin doesn't necessarily match anything? Exactly, exactly. And the biggest difference is you can't just make it.  Central Bank decides they want to print, you know, 100 billion, then you go ahead and do it. But with when you take it, you can't do that. So, like, so how would that work? I don't quite get it. So if I want to, like, what is a margin, is when I am borrowing money to buy Bitcoin? Is that basically what it is? I knew where I'd borrow it from. Is it? Well, in this case, you'd be borrowing it from us before the one's operating. But it gets complicated, you can get swapped around and everything, but the thing is, there's always going to be a risk for someone. Yeah. Just creating one. So you have to be very careful with it. And before bringing it in and doing this personally for a long time, I'm directly responsible for the collapse of the United States. And I associate that with, I don't know if these are good references or not. They're professional guys who've been in this for a long time. They have all the degrees, qualifications, the regulations. So, which is another big thing, Bitcoin, it's lacking regulation. There's a lot of areas and there's a lot of ambiguities. So we want to bring some regulation to that. I think when it remains unregulated, there's going to be first misconceptions and everything else. Because it's a really powerful currency. It's not like any other currency. You can move the equivalent of a truck full of ash to Brazil in 20 minutes. Yeah. And so a lot of people don't understand that. Yeah. When you say regulation, we want to bring regulation to it. You mean regulation Latin as a sense of a government regulation. You mean just more a standard secure platform? Right, right. I mean, we definitely want to bring a lot of information. I think that's the biggest thing is Latin. A lot of people just don't understand what exactly. The other thing is, the reason for the regulation and the legislation of it is if we can clarify and we can put it in a positive light before it gets billified and looked at as exclusively a tool for money laundering or anything like that, stay one step ahead of it. It's a good law before they put out a bad law to it, you know, make it as literally black. And legislation, you're talking about US, like laws? Exactly, exactly. They're gonna make some laws. The Senate's already talking about it. I haven't had a lot of time to research it, but Bruce, who's selling the article, did he hear the senator before? Schumer, and there were two senators, both Democrats, I forgot their names. Did you see it? I'm gonna read too much into it, but there's two senators, it's a piece of Silk Road, which is, if anybody hasn't heard of it, it's basically a board where people get together and contraband anything that we considered illegal is usually created through there. And just like cash, you can do the same thing with Bitcoin, and now they're targeting Bitcoin specifically because it facilitates it. Well, yeah, it's kind of a combination of the media's tendency to love hysteria. And of course, the government having an opportunity now to pin the dirt on this new thing that they don't like. I mean, I don't know how much of that's going on, but for sure the media loves to talk about the heroin store where you can buy guns and arms and whatever, but to attach it to Bitcoin, I think it's actually our responsibility as responsible Bitcoin community. Obviously cash is used in crime, and we don't outlaw cash. Cars are used as getaway cars, and we don't outlaw cars. It's just absurd, so we have to make sure that the public is educated by us before they get too tainted and they start calling it Silk Road money. We wanna make sure that the word gets out that no, that's not what it is. Right. Exactly. And I think that there's ambiguity there with the anonymity. People think that it's completely anonymous when in reality it's not completely. It's about, I say it's as anonymous as cash in some ways. It can be as anonymous as cash. I mean, you can get into the technical aspects of it to the end, but it's basically like pseudonym anonymous. It's not really anonymous. You can forensically track it back. Obviously, just like cash, there are ways to launder Bitcoin the same ways, I mean not same ways, but similar to the ways you can launder cash. But it's not completely anonymous, but it's as anonymous as email, if not more. And not that anonymous. If you wanna use it, if you wanna keep better records with it, you can. I mean, if you have a bar, it's an apple, and you deal mostly in cash, the government's not gonna be able to track it at all. I mean, they're gonna estimate it and everything. But if you dealt in Bitcoin, they could say, okay, this is your Bitcoin address. Everyone pays you here. Let me give you the records. And they would know how much you made down in the pen. Yeah, but I was gonna say. I've already heard it proposed by developers that are working on point of sale systems where they literally have a stack, like a notepad, where a tear off QR code so that every customer gets a different QR code. Like they literally scan it, send the Bitcoin to that address, tear it off and throw it in the wastebasket.  So there are a lot of ways, obviously you could do that electronically too with a display, but there are a lot of ways to make every single transaction unique. And you can sort of anonymize it. I mean, as much or as little as you need for your purposes. How would that work for a regulation though? Because if you're tracking how many Bitcoins are being used, you also need to know the value against the US dollar at that specific time. It's so volatile right now. That must be a huge headache. Yeah, can you imagine? You'll be taxed on the purchase of value at the time you purchased it or a year later. The way Bitcoin is going, man, that Starbucks is gonna cost you. You made $5 profit, you're gonna pay a million dollars in tax. Wasn't it the 10,000 Bitcoin pizza, is that correct? Yeah. That was the very first transaction or something. How much is that today? Do the math. $200,000 pizza, better been good. I think that's around $30,000 for that pizza, or even more. Speaking of, I gotta say this, speaking on the sidebar about nostalgia, because we're already talking about the history of Bitcoin. I was telling it, we bought these, the Bitbills that you've seen those. I bought some because I thought that it would be really good. Well, I wanna be the first kid on the block to have one first. But also I thought for my totally, can barely work and I know we ordered some, so that could be why it orders delayed. But anyway, I was thinking if they just continue those, because they'd be like, what is that? Like it's a $5,000 bill now. Like one card, it's a lot of money. So I was telling Ed, I'll bet you anything, someday this card will have numismatic value, because way back when they made a 200 Bitcoin card, because by then who knows what it would be worth. It would be like a million dollar bill. Can you imagine numismatic Bitcoin? Mm-hmm. Well, speaking of security, what are you guys doing for, as far as like securing the Bitcoins that you're transacting and exchanging? I mean, everything's packed up in multiple locations and encrypted. We're being very careful. That's, you know, you've got a really good point. Everything changes with Bitcoin. I think in the future, you might have people robbing data centers like you used to rob banks. Yeah. Physically. Wow. You know, you can steal someone's computer that has 10,000 Bitcoins on it, which is what, $3 million? No. $300,000? And no, that's $300,000. That's it. There you go. All right. We can't think without a calculator. Awesome. Um. Anyways, you can use somebody's laptop and it might have, you know, $30,000 in the Bitcoins on it and you wouldn't know. Or, you know, somebody might break in with data center where the Bitcoins would be stored. Steal up, fill a server. Or you just hack in, you know, that's gonna need. Yeah. I think there's gonna be a whole new breed of viruses that are designed just to steal your wallet. I mean, I haven't heard any reports of it yet, but you just know that's coming. Did you hear the thread yesterday that I did before in the forum about this poor guy? He was a technologist. He knew what he was doing, but maybe he was too tired or something, but he absolutely missed the step, or he actually misinterpreted the way, the technical way the Bitcoin client worked. You need the Bitcoin client over it and that's where the discrepancy. That's what happened. You have to close it this way to like visualize the file or whatever it has to do with the procedures. So the story, I don't know if you heard this Jared, this guy, he created a Bitcoin wallet and then he backed it up and then he installed the app again and created another one. He called one savings, one checking. Then he backed it up and then he encrypted it and intracrypt all this stuff. And then he did a secure wipe of the file and accidentally lost, it was about the equivalent. Well, two days ago, it was like $145,000. Oh my, I wanted to cry. I don't even know the guy. Oh my God. He wrote on there, he's ready to jump off the window or something out the window. Oh, you know, that's, it's funny, but it's not. That's probably gonna happen. Because it's a, people, we got to wrap our mind around the idea that it's not an email, it's not a spreadsheet. It's real money and it could be any amount. It could absolutely be your whole family's generations of life savings or something. What about hard drive sales or something like that? Hard drives fail. And most people really have no clue about how to do it. And this guy did know how to do it. It was a misinterpretation of how the client works, which obviously highlights the need for new generation of clients that have the wallet.at file encrypted from the start, encrypted and backed up, and all the much more sophisticated ways to back it up and secure it. Right. The first generation was really, this whole thing is an experiment that just happened to succeed and go live, right? Yeah, I'm just starting to think of something that now that any trojas or any viruses that would attack a wallet would pretty much be moved. Keyboard loggers, there's nothing, what can protect from that, you know? You're really. There's actually a way to protect against software key logging, but not hardware key logging. And what is Trade Hill doing for that? Like, as far as, you know, obviously, hardware keyboard logging, what are you doing about that? I mean, we've got machines that are completely isolated and, you know, we're not downloading anything that could cause any problems, you know? I mean, if I've got a computer with $50,000 on it, I can definitely afford another computer to go browse on the internet with and just take that one by itself now. Yeah, yeah. So definitely, definitely that's a big step. And just encryption, isolation, standard, you know, a lot of backups. Right. And how about... And we've actually got a guy that specializes in that kind of thing. We probably can do better details, but at the same time, you probably wouldn't want to, just because... Absolutely. Yeah, yeah. You can't expose the secrets. And how about like... I think that's what you were talking about, like the whole security thing is huge, because one of my biggest fears for Bitcoin is people that have no idea how it works and you know at the end of the day, you just get their follow-up, and it's stolen, they lose everything.    It's a new thing, though, people are not used to. Yeah, they just don't know. It actually happens now with credit card fraud, you know?  That's right, yeah. Except it's exponentially more dangerous because it's not credit cards, it's not reversible. That's the thing about Bitcoin, that it's just absolutely cash, it's once it's gone, it's gone. I mean, it's a whole different thing. It's just like, it's like the internet itself. Somebody said, you know, so it's really the most powerful new technology since the invention of the internet itself. I really believe that. Disruptive technology? Yeah, absolutely. I wanted to ask also, Jared, about like, what have you guys done to protect your site from DNS attacks? Because that, or D-E-O-S? D-D-O-S, D-D-O-S. Distributed Denial Service, D-D-O-S, yeah. So once you get the security data out of the map, but we're doing a lot of testing, spoken with several different tests in the swipe form, that it's more in the end that we've got some guys who are testing and they're doing their own testing and it's looking pretty good on the D-D-O-S. Okay, next question. Just the biggest thing is state digital, you know, you're on top of it, constantly testing, we have other machines for development, you know, we're doing 40 things with these. And basically just don't put it out there if we're not confident, like you said, this is something that's very serious. So you're capable of doing thousands of transactions at a time with this kind of system that you have set up?  If you change a lot of volume, it should be, we've actually, I think we've received 10,000 extra in, just starting doing this. We can scale it up, it's like, I can just crank it up. Great, and is it designed like to store your bitcoins there? Or it's really more like an exchange where I go there to exchange and then I store them somewhere else? Have you done anything like that? Well, I mean, we don't really have problems if you slip in there, but that's not, I would say store them or something you can use them. So you can try it if you want to do j-cracking or anything like that. But obviously, when we have a higher risk, in case something goes wrong, it's just kind of on how confident you are, change yourself. Mostly, I used to keep a fair amount of energy costs and I was, I said, hey, they're probably on their own until I understand how the system works, when it was new. How I understand the system, but I don't have it backed up and I don't have it encrypted, I don't have to do all this stuff. So now I'm confident I can keep it in my own theater and my own backers. I've got a million more questions, I know we all do. But I want to take just a break, really quick to thank again our sponsors who are bringing this show to you today. Yes, thank you. Bitcoin Bonus is a site, it's called bitcoinbonus.com. Have you heard of that, Jared? Yeah, I have actually. And they signed up after our first episode and said we want to sponsor the Bitcoin Show in English and Spanish. We're all about Bitcoin, obviously. But then the next day I got an email from somebody, a completely different random person who was telling me about this thing because he loves it. He, bitcoinbonus.com is the site.   And you get rewarded with Bitcoin.  And so he would sign up for hosting accounts like several times a week. And every time he'd sign up for a hosting account, he got 50 Bitcoin and he's like thrilled. He's like, this is the best thing he's ever seen. Forget the Bitcoin faucet. This is like really the Bitcoin fire hydrant. So yeah, he loves it. Every time you buy something, whether it's whatever, you know, all the different shopping sites Dr. Frugal will talk about how to save money. And big name stores too. It's not just middle stores. Yeah, and hosting, probably the things that you're buying anyway. You just go there, just don't forget, right? Before you buy it, go there and... Cashback was Bitcoin. Exactly, Bitcoin back. Better than coupons for sure. What could be better? Cashback. So anyway, check it out, bitcoinbonus.com. And Daryl's awesome. He's the guy who started, well he had the world's first meetup at meetup.com here in New York, but he started one right after that, the next weekend in D.C. And he's an awesome guy. So he's doing really well with that and we're really happy. So anytime you're shopping online, go to bitcoinbonus.com. Then also we want to thank Ambivert Creative. And I'm going to spell it. It's A-M-B-I-V-E-R-T Creative.com. Ambivert Creative.com. And what this outfit does is they say we design your identity in web, print, and logos. Like your logo, your entire website, images, stationery, everything from beginning to end. So they pull it all together with a real corporate identity so that you look really professional to have a corporate image. From bottom to top. I mean, if you go to their webpage, you'll see some of the examples of what they're doing and it's very slick, modern, very, very high tech. Do it as right as you're selling. Exactly, yeah, and that's going to be it. We have a show called Build A Brand Too which is exactly about online marketing and promotion and things like that. But it's very, very important. Everybody knows.  So they're really pros. And you know, if you're starting a business, you don't have time usually to do all that yourself or maybe not the skills, you know. They just let- Or the creativity. Just give it to them and they do really, really good work.  Product design, everything. Colors, everything, make it really, yeah, that's right. Do labeling, like there were some product prototypes where they did labeling for beverages. And different forms of bottles for these beverages. You got to see it, it's great. And they accept Bitcoin, of course. They're a Bitcoin merchant. So we definitely want to support them because they're supporting the Bitcoin community as well. So it's ambivertcreative, a-m-b-i-v-e-r-t-creative.com. And finally, last but not least, tradehill.com, instant Bitcoin exchange. Obviously we're interviewing Jared. You can do your own commercial. But tradehill, by the way, I will mention that you have to correct me if I'm wrong because I'm learning all this too. But it's something like 20-some currencies. How many currencies are there that you're accepting now? Let's see, right now we've got eight right now. But we're gonna give out 25 in the next week or two. 25 currencies in the next week or two. So it doesn't matter where you are, if it's Russian Ruples or Mexican pesos, you're gonna cover the globe. And we're gonna basically convert all... We're looking for partners. We're looking for other established businesses from a world that would like to participate with us. And we've got a partner group. And I think it's something that a lot of people would be interested in. And hopefully it can be 50 or 100 countries within a month or two. So the main benefits of tradehill.com over the existing options are the so many different currencies and also so many different ways to get your money in instantly today. You can do a bank wire transfer if you're in the US, a domestic wire transfer today. Get it in there immediately. By the time this shows over, your money can be in there and credited. And you're buying bitcoins now. In all these different currencies, no matter where you are in the globe, and the fees are less than competitors. What else? Oh, you were telling me, can I disclose what you were telling me about what you can do with your bitcoins after you? Yeah, actually, tell you what. I'll just go give you a rundown real quick on some features and you can finish up with that one. That sounds good. I think I know which one you're talking about. So yeah, like Bruce said, you can deposit with domestic or international wire transfers. We accept wallet, which I like wallet.  I think that's gonna speed up though. Yeah, I know it's slow. But it can't be price. 25 cents. I mean, the banks are really ripping us off and targeting anywhere between $10 and $30.  The Dual of People called me when I created my account the first day. They're probably too busy to call people now, but they welcomed me to it. And one of the things that they told me was very RSN, as we say, real soon now, they're gonna have this new technology called FISync. And as soon as they get the banks all tied in with the FISync, which is supposed to be real soon, then it will work the same exact way it does now. 25 cents, but it'll be instantaneous. No more bank wiring. So now the problem, if you have money in Dual, great. It's instantaneous, but if you don't, it's gonna take you several days to get it through. But with this instantaneous thing, wow, that's gonna be slick. Exactly, that's gonna be huge. So we're offering a few other things like Liberty Reserve and then desperate deposits. For withdrawals, we have a lot more options.  I know a lot of people use bitcoins, play video games. So we're offering options to withdrawals and game cards. You play Warcraft, Air Quest, any of those games, A-N-O, BIF, whatever. You can withdraw to that. Also, there's the ultimate game card which has like 1,000 games on it. You can withdraw to that as well. I don't play Farmville, but I know a lot of people do. You want to cash out the Farmville account? Wow, you can go Bitcoin to Farmville, it's a fine way. We're also accepting donations. Not to us, of course, but to our profit play. I think the EFF is gonna be huge because Bitcoin is not gonna just be accept. There's gonna be people opposed to it for a variety of reasons. I think the EFF is gonna be huge in the end of Bitcoin. I think there's a lot of people that have already donated to the EFF with Bitcoin. Also, we're gonna see a lot of people that are suddenly very rich and they're not gonna have a problem cashed out 10 or 20 or 100 Bitcoins. Are you from Russia? I don't know what you're talking about. I'm sure I have, I'm just a journalist. Yeah, so anyways, you can send bitcoins to us, sell them on the exchange, and then transfer the EFF, and then we transfer the dollars to the EFF for the Red Cross. Those are the two that we're currently offering. It's kind of an experiment. I think it's gonna work out. I've seen, I was involved with the Bitcoin community when the disaster in Japan hit, well, that three months ago. And there was a lot of people instantly that just said, hey, how do we give money to Japan? How do we give money to Japan? So we want to be there. We want to be a legitimate way to do that. Obviously with Bitcoin, like you talked about earlier with the Transparence, you can be sure that your money is going to the Red Cross or to the EFF. You can see us change the money over, you can see your block allocated and everything. So you don't have to worry that we're gonna just say we're donating and then pocketing it. You know, I don't know if you heard this, but the EFF recently stopped accepting donations via Bitcoin. They said they're gonna do an evaluation.  I think they're doing the right thing to really analyze it through and through, which actually is good for all of us that they do that before they, you know, so they've stopped, they've at least temporarily suspended donations via Bitcoin. So that's all the more reason why if Trade Hill can accept, that's all that matters. So that's a good way, because the EFF is so important what they're doing, their work is so important. That's great because we can still donate via Bitcoin. You know, if we go to Trade Hill and donate that way and it's good, we know it's gonna get there even if they don't accept Bitcoin directly. Exactly, they're taking our people. Yeah, that's right. They're gonna get it. They don't have a choice. That's right. That's great. Yeah, and also iTunes gift cards. So if you want to buy $100 on iTunes, we can just instantly email you. Now, the big one that's I think had a lot of people excited is we have the option to purchase on amazon.com through us. So it's actually incredibly simple. This is also an experiment if it works well, which I think it will, will expand. Basically, go to amazon.com, you have that on account, and then you make a wish list, which is pretty simple. Buy some products you like, click add to wish list, and then once you've got your wish list, you can take it public. So there's a bunch of them in public. And then there's a link to your wish list.  And then you paste that in the block bottom, you put your address, and then you put your pickpoints in this office. And then you hit the button, and then within four hours, your order is processed, and whatever you bought from there is going forward. How many hours? Okay, that's not good. You broke up just a little, within how many hours? 24. Oh, okay, okay. So basically, it's Amazon accepts Bitcoin now, through Trade Hill. If they want, it's like here. They don't have a choice. That's great. Can you do that for every website on the internet? We'll work on it, see what we can do. Like I do. When they say 24 hours on a lot of these things, that's basically to make sure we have time. By now, a lot of things on that link, just make sure it's secure, safe, and also there's a lot of coding involved in making it on that. So right now, a lot of that's being done manually. The good thing is, we're sitting there fitting, and you can see that Amazon.com will come in, we'll hop on it, we'll put out the transfer of the information, and there you go. So it could be out in 20 minutes. Cool, that's great. And are you planning to add others, other shopping sites to that list? Definitely, definitely. Creating a new thing, a little scared to be made in the cat. Wanted to buy some of eBay, wasn't an actual, I don't want to do that, but definitely a site that you can take, I heard, right, up on the most, certainly the biggest and easiest to handle. Those sites for computer parts should really be popular for all the miners. This way they can take the bitcoin that they're earning through mining and buy better mining. Buy better mining gear, yeah, exactly. Definitely good computers and electronics. I'm not a fan of eBay, and especially not PayPal, but it would be ironic if they'd benefit from this, but. Yeah, that's definitely true. But I think they had intentions in getting NHS stuff. Yeah. Just weigh on it, put it in. Way back when. Turn it into something we don't like. Exactly, Frankenstein. The, what was I gonna ask you? I forgot. Well, I know that we've said it's instant trading. I did see an option when I did briefly go in there where you could instantly cash out or instantly buy bitcoin. Oh yeah. How does that work? That's a new feature, right? Yeah, that's a feature. I think it's gonna be you. Instant buy, instant sell, right? Exactly, what it's really used for is the people that don't get involved in a bid or an ask for a lot of bid and ask yes. They simply say, hey, I wanna buy 20 bitcoins. How much does it gonna cost? Make it fun, and make it fun. They like it, they accept, and then trade is done, 20 bitcoins in your account, which they can transfer out. Currently, it only works if you need to put not a bitcoins you want, and it tells you to don't buy it. We're gonna have it very soon, so you can say, I have $1,000, how many bitcoins can I buy? Who was it that suggested that improvement?  Okay, go ahead, go ahead. Yeah, I was just gonna talk about why people suggested it. Oh yeah, okay, you made me feel good. You made me. I just wanna look at it and say, okay. This needs changed, yeah. You've been in this mindset, you've been in the site for maybe 30 seconds, so. That's because everybody all day long they say, I wanna buy $1,000 worth. They don't think $1,000 bitcoins worth, they think $1,000 worth, because we always, we're trained to think in dollars, so. Yeah, I've been living in Chile for three years and I still think in dollars for the most part. Yeah. Cool. It enters when you can dollars in coins because it changes the, you know. I know. So you can't actually think of coins. Yeah, I know Bitbills was like, you know, something like 30 bit cents for, you know, premium for the card, for one Bitcoin card. And that was, and that's something that's really kind of a weird thing about Bitcoin is they, everybody, every merchant has to constantly be lowering their prices. You know, because the value keeps going up, they gotta quickly lower their prices. Especially today. Somehow I think that there's gonna have to be, somebody's gotta create an API where it's tied to the value of Bitcoin so that the price is just fluid. Like it's fluid at that moment. Some people have made some scripts and whatnot, so you can see, you can put your price in dollar and then, you know, a lot of them can play in Bitcoin based on, I don't need the last transaction on GX. I just remembered, speaking of that, that's an important question. I've been meaning to ask, and I wanted to save it for the show. And that is, because we start talking and we can't shut up. And we're like, oh, we gotta tape this and make a show. But this is the question I haven't asked you. What do you think, what do you all think is gonna happen to the price, the Bitcoin price with a new market opening up that has so many more features than Mt. Gox?  What do you think is gonna happen to the price of Bitcoin over the next 48 hours of the week because of this?  But I think, I think we're gonna help it go up and we're gonna increase the speed that it goes up because transactions can happen faster. You put your money in quicker and pull out quicker. So if you look at a lot of the big press hits of Bitcoin as God, there's been a lack between, if you look at the Google searches that are done for Bitcoin, every time the volume of searches goes up, it lies a little bit behind the point of value because a lot of people, they're taking three days or five days or a week to buy their Bitcoins. Part of that is just the knowledge diffusion. You know, they hear about it and go, I don't know if this will really work. I don't wanna lose my money. And then they go, man, if I would have bought it last week, I would have done plenty of money. And then they say, oh, I'm gonna put my money in. And then they go, oh man, I'm not gonna open this mall account. I gotta verify that. I'm not gonna send that money in. Anyway, you do it. You know, I'll send the price triple. So I believe the more exchanges and the faster the exchanges are, the quicker the price is gonna go up. Yeah. Anyway, somebody sell a whole bunch on Monday for $10 and then now buying them back for like almost 30. I mean, it just happens over and over, right? And yeah, it's liquidity. Liquidity is gonna make it more a better utility. So that's always good for it. I think it's, I think you're right. So the trade hill opening up, how do you think this is gonna affect our ability to measure the price of Bitcoin? Are we gonna have to sort of do- Check two places or three places? Yeah, multiple exchanges and then sort of extrapolate that together into one single price. How's that gonna affect because at Mt. Gots it might be $30, that trade hill it might be $40. Well, we've already solved that problem, by the way, Jared, I haven't told you this. But our meetup we have here, we hosted right here. It only went to TV every Saturday. We have a hack, well, we actually have three. We have a hackathon, a promotathon, and then a legal think tank all about Bitcoin. But the hackathon guy, Andrew Schaff actually, is kind of like the de facto team lead of the hackathon. He's what? He's a beast. He's a beast, yeah, he is, yeah. So he was here. You talked to him when we were talking originally. So he's been in on this secret of trade hill launch. And we were talking about it and he's come up with an idea of taking the top several exchange sites and then taking the value and then weighting it by the volume. So the trade site value weighted by the volume and then coming up with an average, so a whole nother thing that he's talking about. Like just a simple little website, super, super simple that takes that information and compiles it. Then that also plays very well into the whole concept of Bitcoin. Bitcoin derives its value like any fiat currency from hard trust in it. So it would take the Bitcoin community to sort of trust the fact that it's doing it, sort of like regulation where there's a problem with that. So the more they trust that trade, that exchange site, the more weighted that price will be as far as what the real value is. It's an interesting concept. It'll be interesting though to see what happens. And then you've got, you know, like, with these, there's so many different currencies.  Yeah, Chilean peso. Right, I mean, like if it's like undervalued for Bitcoin, you know what I mean? They're gonna buy them in dollars and or buy with dollars and then sell them back and in and out and like to keep the equilibrium among all the currencies. Yeah, I mean, when you start talking about forex, there's a lot of regulation you get to and I mean, we're not a forex company, you know? But yeah, you have a good point. There's gonna be a lot of arbitrage between different currencies. And I think there's gonna be a lot of money to be made there. I think the situation, I can be honest, but I think the situation is kind of gonna take care of itself because anytime there's a potential for a lot of profit, people with a lot of money are gonna come in and they're gonna lock in these prices and they're gonna take advantage of that little difference. And then the more people that are selling on both of them or all three of them or all eight of them or however many currencies we're talking about, the closer the value will be. So I think people are gonna realize how much money can be made there. And we've already talked with some, they want to remain anonymous now. But when you hear about them, if you're into the finance and all that stuff, you're gonna say, ah, yeah, this is a pretty serious company you're working with, but they're gonna handle that. So there's gonna be some people that are a lot smarter than us and we're pretty smart guys, Bruce. So they're gonna definitely take care of that. But there's gonna be a lot of money to be made in. What about automated trading, like robots and things? I know that like Mt. Grox, before they had a fee, like originally they had no fee and there was a lot of robot automated trading so there's kind of two questions.  Cause obviously trade-hills gonna charge a fee, although it'll be less than the other exchange sites. And also, what is the fee, by the way? What is the fee that trade-hills? We've got a .6% on the price, but we have a lot of discounts and things like that. Also, I'm pretty sure we're gonna see an exchange war before too long and those fees are gonna drop quick. Really, it's different on Bitcoin, .6 is nothing.  And then when you compare it to things like PayPal, it's great, you know, that's .6 compared to 3% or whatever PayPal charges you depending on how you move. Right, right. But on the currency exchange world and in high volume, .6 is really high. So I think we're gonna see it drop a lot. But by that time, the volume will be so high, exchanges will still be profitable and people will tend to continue. And then we'll be partying on your yacht.  Well, well, a communal yacht. It'll be the communal Bitcoin community yacht. It'll be a free open source yacht. I have a two-part question myself. Tell us the fastest and easiest way to get US dollars to Bitcoins and also keep in mind that the second part is, how do you navigate through, is it the same route that you take if you have euros or Rupals or whatever? Well, it definitely depends on the currency. For example, here in Chile, I can go online and I can do a transfer to any bank free out of my personal account instantly. In that respect, the United States is really far behind. For real, I can do the same thing. A lot of the world can do online, instant free transfers to any bank in the country. So for South America, that's gonna be the case. It's great. In Chile, you could have funded your account already, just like that. The euro, it's gonna be really similar because within the EU, you can transfer money online, you can hear. Unfortunately, dollar is the one that's real pain, which is one of the reasons that Bitcoin is so popular. I think the easiest way is to just do a wire because most people that are buying Bitcoin are not buying $10, $15 worth and they're not making deposits for 10 and 15. If you're gonna deposit $2,000 or $5,000 or even $500, then just do the wire transfer. If you're with IG Direct, which I'm definitely not paid by them, but I would highly recommend them. I'm really happy with their services. I think they're a great bank. They even buy free incoming and outgoing wire transfers. Oh, that's good. That's great to know. So I would highly recommend. And actually, there's a way to get a referral code. You know what I should be using a referral code. Yeah, you should. Get it to me. They'll be a sponsor soon. And I think Bitcoin can cause them to grow, not like Waller, not like Bitcoin Waller grow, but also with HSBC. We have an HSBC account for international transfers. So you have an HSBC or IG Direct account, it's gonna be fast. We would like to accept PayPal just because of the simplicity and speed and how many people have PayPal. Right. But one, we don't really like PayPal. And two, they have been shutting down people's accounts in with Bitcoin. Exactly. They don't fall under banking regulations. They don't fall under banking regulations. They won that. And I mean, they've closed my account and seized all my money twice. They're just like, if you Google PayPal, you'll see how many sites are saying PayPal is evil. PayPal, scam, and all that. So I would say, if you wanna accept PayPal, make sure that you allow six months for it to clear because they can reverse the transactions within six months, you know?  It's not cash. You can't buy cash with a credit card anyway, anywhere else. I mean, unless you go, what I say is, you can buy Bitcoin with a credit card, just go to the bank and it's called a cash advance. Now you have cash. You know, by the way, I wanted to say this about the cost of wire transfers. I mean, in the old days, yesterday and the day before, and it would cost like 40 bucks here and 38.50 on their end, it's like 75, 80 bucks, but it was absolutely worth it. And we did the math because you put it in the duala. It was taking an average of about six calendar days, which is not good when the thing is doubling so fast. We did the math and figured out that over the, you know, even in just the last few weeks, the weight has grown that it only took $55 for it to be cost justified to pay $80 in wire transfer fees at the way it's growing. So forget the cost of the wire transfer, just get your money there as fast as possible. Duala's great if you already have money in there, but who does, you know? So I think that, and that's another kind of interesting little sidebar, we're saying, if I were in the boardroom of duala right now, I'd be saying, this is a real love-hate relationship here. First of all, there are probably more transactions going to buy Bitcoin than all the other duala transactions combined, which is kind of weird because Bitcoin is gonna be like the competitor that might, who knows, who knows, it is a different thing. So there's that. And then the other thing is that, you know, all of those people who bought Bitcoin through duala will buy them exactly once until they figure out that it takes six days, or until they get that FI sync. On the other hand, when they get the FI sync thing, this could be a godsend for everybody in Bitcoin because we can, no matter where you bank, you can get it there instantly for 25 cents. You can get it day trading, like you're listening. Day trading, yeah, I don't recommend that, though. You're gonna do that, go to Vegas, I always say. Free drinks and dancing girls, if you're gonna do that. One of my friends is a Microsoft millionaire, one of the original Microsoft millionaires, but he got hooked on the day trading and it's like a drug, it's just absolutely gambling. I don't recommend it, but yeah, buying Bitcoins instantly, that's really gonna help. Exactly, and I think going to all of those rooms, I think that's awesome, I think that's great. I think that US banking system needs, I think to me it's embarrassing, you know, when I tell people in Chilean, they say, oh, did you watch Login in your US account and send some money in your bank? Sorry, I can't do that. Right. They say, you know, and I look at Chile, it's not a third world company and Chile's doing good, you know? But the US should be ahead of Chilean banking, you know what I mean? It's something wrong here. I don't know what the reason is. I don't know if they want it to go faster. It's just greed. It's greed, yeah. Greed and they sort of, everybody's in cahoots together, so it's always just right, so they actually have greed. Monopolies, greed, greed, greed, yeah. It's not that we need some technology. No. It's just greed. It's not a financial thing. It's also political. Yeah. And that's where the. Political, financial, corporatology, controlling government and all, yeah. You know that. I mean, yeah, thank God for the internet. And so many levels, so many levels, thank God for the internet. For educating, every 20-year-old knows more than the 50 and 60-year-olds will ever know about how this stuff really works just from Google video. You know, just they learn about this stuff. And you could, I mean, talking to a 15-year-old, and they're like, you know, we went to, this was like several months ago, maybe four or five months ago, and we went to, of all places, we went to Outback, and I was there early, and I was the only one there. And I heard these two bus boys, like junior high kids. That's why the value of the money is going down, and people are actually buying like blocks of gold. And these are two bus boys, you know, it's like really reaching a tipping point in our culture that everybody, kids are educating their parents. And I don't know how many times this week I've heard people around me and, you know, calling their parents saying, listen, mom and dad, you gotta trust me, just trust me on this, buy Bitcoin. No, it's not a stock, you know, and it's kind of crazy, but you're there, I mean, so many people, and they're, you know, it's amazing, but they're convincing their parents and, you know, whatever, now that it's in Forbes, you know, Smart Money did an article this morning, and yeah, CBS News had a video blog, recently I just discovered it. But there's so many, so many things happening so fast, it's really, really hitting a mainstream media, you know, frenzy. Well, it's from Train Hill now, it's gonna lower sort of the entry to get into the actual, exchanging Bitcoin for US dollars, whatever currency it is. So that alone in itself, it's gonna allow, I'm sure there's been a demand, and that demand couldn't be fulfilled because of the barriers involved, and so hopefully I've knocked down some barriers, and the value of the increase because of that. Exactly, we've run out of time, and we still have 100 million questions. I wanna say that, you know, thank you, Jared, so much for joining us, we're just gonna continue this for another hour in Spanish, I'll show the Bitcoin, and we have decided the other day that the Bitcoin show is gonna be coming, is going to be, starting today, a daily show, every day Monday through Friday. So thank you, Jared, and thank you guys, and we will- Yeah, one thing with Bruce, we didn't mention the referral program, I just realized- No, my gosh. I don't know what that is. Referral program. Which, you know, I think a lot of people are gonna come to Train Hill because of this. Yeah. And I don't know, you got a referral code, right? Yeah, what's our referral code? You've got it there. TH- TH- R- 1, 4, 1. TH- R- 1, 4, 1. Got it. Okay, so type that in. When you go to tradehill.com, type in the referral code, TH- What is it? R-1, 4, 1.  So there you go. There's your gift from Trade Hill. And everyone that opens their account has a referral code, so feel free to hand it out. Tell people about Train Hill, spread the word, and then you can earn a part of the commission's generated from the people you recruit. It's like the ultimate, ultimate multilevel marketing system. And Uncle Bernie Madoff is going to be so happy that we only have to sign up three more people and we get a toaster oven.  It's what's, it's brilliant. It's really brilliant. Great design. Does that actually like go into like deeper levels? Like if I refer somebody and they refer somebody, do I get it? How many levels deep does that go? Yeah, no, we've actually been talking about that. We're probably going to implement that. We see both sides of it. I mean, we like the idea, but on the other hand, it kind of has almost a tons of work to it, which is definitely a little avoid, but it's legit. You know what you're getting out of it when you do it. So it's definitely not a tons of scheme. We're definitely going to research and some more and see about implementing that. But we like the idea. And one level deep is still a quantum leap. So we got to go. We're out of time. Great. We'll see you all tomorrow. Great job over there. 2 p.m. Eastern. See you live tomorrow. Thanks for joining us. Thanks for joining us. Thank you.


Welcome to the session, I am Deepika here. Let's discuss the question which says, find the general solution of the following differential equation, x plus y into dy by dx is equal to 1. Let us first understand, how to find the general solution of the differential equation of the form dx by dy plus p1y is equal to q1. Now this is a first order linear differential equation here, p1 and q1 are constants or functions of y only. Now the integrating factor is given by e raised to the power p1dy and the solution of the given differential equation is given by x into integrating factor is equal to integral of q1 into integrating factor dy plus c. So this is a key idea behind our question. We will take the help of this key idea to solve the above question. So let's start the solution. Now the given differential equation is x plus y into dy by dx is equal to 1 or this can be written as dx by dy is equal to x plus 5. Again it can be written as dx by dy minus x is equal to 5. Let us give this equation as number 1. Now according to our key idea, this is a linear differential equation of the form dx by dy plus p1x is equal to q1. Here p1 is equal to minus 1. Therefore integrating factor is equal to e raised to the power minus 1 dy. This is equal to e raised to the power minus 5. Now on multiplying both sides of equation 1 by the integrating factor e raised to the power minus y we get e raised to the power minus y into dx by dy minus x into e raised to the power minus y is equal to y into e raised to the power minus 5. Now left hand side of this equation can be written as d by dy of x into e raised to the power minus y is equal to y into e raised to the power minus 5. Now integrating both sides with respect to y we have integral of d by dy of x into e raised to the power minus y. dy is equal to integral of y into e raised to the power minus y dy. Now this can be written as x into e raised to the power minus y is equal to i plus c where i is equal to integral of y into e raised to the power minus y dy. Let us give this equation as number 2. Now we will integrate this by parts. So we have i is equal to y into integral of e raised to the power minus y dy minus integral of d by dy of y into integral of e raised to the power minus y dy and this is equal to y into minus e raised to the power minus y plus integral of e raised to the power minus y dy. Again i is equal to minus y into e raised to the power minus y minus e raised to the power minus y on substituting the value of i in equation 2 we have. Therefore from equation 2 we have x into e raised to the power minus y is equal to minus y into e raised to the power minus y minus e raised to the power minus y plus c. Now on multiplying each term of the above equation by e raised to the power y we get x is equal to minus y minus 1 plus c into e raised to the power y or x plus y plus 1 is equal to c into e raised to the power y. Hence the general solution of the given differential equation is x plus y plus 1 is equal to c into e raised to the power 5. So this is our answer for the above question. I hope the solution is clear to you and you have enjoyed the session. Bye and take care.


So what actually matters when it comes to getting your very first job out of college? Because I know that first job, that's the toughest one.  It's that whole catch-22 situation of you need two years of experience to get the job, but in order to get two years of experience, you have to get a job. So what advice do you have to someone in terms of the most important things for getting that first job, in terms of internships, grades, work experience, projects, volunteering, skills, et cetera? Yeah, that's a good question. So I think that the most obvious thing that comes to mind is gonna be grades. And so getting good grades, you know, and I think that obviously everybody who's going to college, for the most part, everyone is trying to get the best grades that they can. And I'll say as a hiring manager that grades are hugely important for those who are still coming out of college.  But for the first job and the second job perhaps, your grades are gonna matter hugely. So I really advise everyone to put a lot of effort into getting the best grades and getting a great point average that's something that you feel proud of when you put it in your resume, right?  But I advise you to get it high enough that you wanna put it out there and showcase it. And then secondly, I think that joining clubs and societies in school can get you in a position where you can get an internship or an entry-level role much faster. And the story with that, that I'll tell you is that in my fourth year of college, you know, both me and my wife were studying to be accountants. She was part of the, I forget the name of the club, but it has to do with Latino accountants or aspiring Latino accountants. And so she was invited, both of us were good students for the most part had really good GPAs. She was invited to interview with, you know, a couple of big accounting firms, Ernest and Young, PWC and the third one, I forget which one. I, on the other hand, wasn't part of any of these clubs and I didn't get invited to any of these events. So you can see right there, and my grades were better than hers, but I wasn't invited to any of it because I wasn't part of these clubs. What I did instead is when they had an event in the campus of the school, I just walked in and sort of like introduced myself, even though I wasn't even invited. And it's a funny story that's how I actually got my first job at PWC, but this shows you the importance of joining clubs and societies in college. It may be, you know, extra work that you may not feel like doing, but it's really important just getting that first job where you'll learn, you know, get a good foundation in accounting. Hey guys, Shane from the future here. I really quickly wanted to mention because for some reason I forgot to in the video, Bill has some phenomenal resources for anybody who wants to become an accountant. I'm going to include those at the top of the description down below. So definitely check those out. And so I guess we talked about, you know, the importance of grades, joining clubs and societies. And also, you know, related to clubs and joining clubs and societies is networking in general. Like I've, you know, I've known people who've gotten their first entry jobs or internships through their professors in college.  Sometimes you just hear of new opportunities. So it's at the end of the day, when it comes to getting your first job, it's going to be about your grades and who you know. So networking, whether it's offline, like on campus or through, you know, online or like a LinkedIn, it's really important. So grades, societies, clubs and societies and networking, these are really important. Got it. Kind of expanding upon that, what you just said. I am a little bit surprised at what you just said. A lot of the time, you know, I talked to different professionals and they'll tell me that their grades actually didn't matter. Like they wasted a lot of time doing their grades. And it's interesting to hear that. So that's really great insight for the audience. I would like you, this is going to be a little bit difficult. Sorry about this, but I would like you to rank from order of least, actually most important to least important grades, clubs, leadership positions, internships, work experience, networking, skills, projects, and then the school that you actually go to from most important to least important in terms of getting your first job. So specifically for getting your first job out of college. Yep, yep. Listen, I think it's a great question, but I'll tell you what this is like. This is like the ingredients to a great meal, right? It's cliche to say you need all of the above, but I'll say that any experience, the thing is that the thing that is lacking when you're a college graduate is experience. That's your problem, right? That you have no experience, right?  So I'll say out of all of these experience is key. If you get some experience during college, you'll try to get that.  Now it's probably done online, but back then it was actually an actual book, so like the yellow book, and you go through the job advertisements and apply to them. I got some work in accounting during college, and that has proven to be hugely important when I went to apply for my first job, right? So having some experience is really good. On top of that, so this is the most important out of all the things you mentioned. And then secondly, I'll say grades. If I work my way backward and say the least important, I'll say leadership positions. And that's because simply when you're applying for your first job, you're not expected to be a leader. So that's not hugely important. I'll put that at the bottom of the list. I'll focus more on grades and getting some experience. Skills is gonna be a byproduct of all of that. So if you get some experience and you focus in your studying and becoming a good student, you're gonna acquire the skills. It's gonna be there. And like we mentioned in the previous question, joining clubs and societies is just like a, why wouldn't you do it? It's just gonna help you to do it. So yeah, I say it's important to kind of focus on all of these things and tackle your grades and your skills and your experience. But I'll just put on top of the list experience and getting some experience during college, whether it's an internship paid or not paid. And focus on getting good grades. That's really important. Awesome, okay. So are there any pitfalls that people should know about going into accounting? Yeah, so one of the things that, and this is something that you'll learn when you, if you go to college and you take accounting classes, one of the pitfalls that I've seen people do is they get into accounting thinking that it's more like math, like just adding sort of being a number monkey and like being counter, it's really not. It's way beyond that. It's more of being able to read a pronouncement or a guidance from one of the several accounting bodies and being able to see how that relates to the business that you're working in. It's becoming more and more of reading sort of legal or literature language that is issued for accounting and applying it to the business or reading a contract that you wrote with a customer or with a vendor and figuring out what could be the problems that could arise from this kind of contract or is it really good for the business or not? So this is one of the things that steam people focus too much on the math side of things when it comes to accounting while they just realize later on that it's more of a, and it's sort of a business. This is more of a business major, more than a math major. The second thing I'd say when it comes to the pitfalls is the amount of stress. When you're working in accounting, just comes with the territory, you'll be issuing financial statements, right? And like, who are the readers of financial statements? These are investors and like these are like some of the most aggressive people out there, right? So inevitably you'll end up with a level of stress. It's not a unmanageable level of stress, it's manageable compared to other careers, but some people are just surprised by that, the amount of stress that you have, especially if it's a publicly traded company, right? There'll be a lot of pressure. You know, however, like I said, it's manageable and also you'll get paid for it. You'll be rewarded for the level of stress that you put into your work and it's seasonal.  It's manageable and it's seasonal. All right, so I guess the third, you know, one of the pitfalls that I've seen people, you know, think or have a misconception about accounting is something that they realize later on in their career where accounting is not a glamorous sort of work. A lot of times when you speak to family or friends about what you do, you know, they just glaze over and just not really, you know, care that much. So, and this is okay, like this is something that I got accustomed to. It's not as sexy as working as an engineer or as working in an ER room as a doctor. So this is something that you need to know beforehand before you get into it. It's not a negative, but it is what it is, right? It's the perception of society of what an accountant is, you know, someone may not perceive your what you do as glamorous, but it's okay. You might be making twice as much as they make, right? It's fine, but it needs to be something that is addressed and understood by someone who's getting into accounting before they begin their journey. And so just to summarize the pitfalls, you know, accounting is not mass. They're different, to be in math is different than being in accounting. The stress level is there, but it's manageable. And then finally, it's not the glamorous sort of type of work that you can be sitting with a group of friends and discussing and people will be kind of glued to the conversation. It's not as sexy as that. So just realize that before you get into it. Yeah, I would say these are like the pitfalls of, you know, of accounting.


Hi, my name is Pastor Mark Brashear with Cornerstone Baptist Church in Orlando, Florida, and we want to spend the next few minutes talking with you about the gospel. The gospel means good news, good news, and as a doctor might enter the room and say, I've got good news. There are probably bad news proceeding that we understand the gospel the same way. There is a context or a backdrop of bad news that gives us understanding of biblically what the good news is. The Bible says that you and I were made, that we were created, and God created us. Despite what an evolutionist might say or despite what an atheist might say, the truth of the Bible is that you and I were made, and we understand that we were made. The Bible says fearfully and wonderfully made. Being made by God, we are not our own. We were created to live for God. We were created to glorify Him with our lives. We were created to bear His image. But the truth is that from the beginning we have failed to do that. The Bible says that in sin my mother conceived me and brought me forth in iniquity. The Bible says that God, being good, is also just and holy and is of purer eyes than to even behold evil and cannot look on wickedness. The truth of scripture is that you and I, although we were created in God's image and created to glorify Him, have from our birth lived for ourselves and rebelled against Him, sinned against Him. The very bad news, the very terrifying news, is that you and I will one day die and that we will face judgment. We'll have to give an account before a very holy, very just God. We'll have to give an account for our lives. The Bible says that we'll stand before Him and books will be open. The book of His law will be open and will be judged according to our works and we'll have to give an account for what we've done. We've offended God with our sin. The Bible says that God is angry with the wicked every day. That's the terrifying news. God is just, God is holy and we are not and we are wicked. As such, God, intending to punish sin says that the wages of our sin is death. Understanding that bad news is very important to understanding the good news. The good news is that in addition to being just and holy, God is also forgiving. God is loving. God is kind. God is compassionate. God is long-suffering. He's patient toward us, not willing that any should perish but that all should come to repentance. And so God in His grace and in His mercy to us has made provision for our sin, made provision for us in His Son, Christ Jesus. That's what this video is about. This video is about the gospel, the good news.   You'll be paying that punishment for eternity. The truth is from Scripture that you don't have to. You don't have to. God in His loving grace, His loving kindness towards you has made provision for your sin in the person and work of Jesus Christ's own Son, God in the flesh. So this video is about the good news. If you listen, we'll talk about what sin is.  I'm a sinner. We have to come to grips with our sin. We have to confess it as sin, understand it as sin, and understand how it has offended God. The Bible says that God is angry with the wicked every day. As a result of sin, there's judgment. In order to understand the loving kindness of God, in order to understand the context of the good news, you have to understand the very bad news of judgment.  And we must contend with that terrifying reality. But then you'll hear about the person and work of Jesus Christ that God makes provision in His Son, in the death of His own Son, for sinners. If you're a sinner, you qualify for that. Beyond Jesus Christ, you'll need to know how to respond rightly to the Gospel. So many false Gospels in the world today.  The Bible tells us exactly what we must do to be saved. And I encourage you, listen to what we must do to be saved so that you yourself may flee the wrath of God, may escape the judgment of God, and be adopted into the family of God and be saved.


What is up everybody? This is Chris from the Rewired Soul where we talk about the problem but focus on the solution. And if you're new to my channel, my channel is all about mental health and addiction and all that stuff to try to help you or maybe even somebody you know. All right? So if you're into that, make sure you subscribe and ring that notification bell. Now for all of my loyal Rewired Soldiers out there, formats a little bit different. I'm just going to talk to you about the science of addiction.  So kick back, relax, get your popcorn or drink, you know, your morning cup of coffee or afternoon cup of coffee, depending on when you're watching this video. All right? So yeah, anyways, those of you who know, I worked in an addiction treatment center for over three years. This was after I had three years of sobriety already and I never had the luxury of going to treatment when I got sober. So I reached a point in my life where, you know, the disease of addiction was in my head and I'm just like, why? Why? Why? Why me? Why not these other people and all that stuff? Right? So I had to educate myself about the disease of addiction. So I ended up, you know, buying books and looking up stuff and trying to educate myself more. And while working at the treatment center, I actually put together a group. All right? So the groups I did were about an hour to an hour and a half. And this was actually a group that I did over the course of two groups. All right? Because I found it was so beneficial to me to understand why I was biologically different than other people, why the disease of addiction affected me and not others. So I wanted to teach people about that when they came to treatment. And basically, you know, I go through in this, you know, group or course, if you will, about first off the risk factors, like what makes somebody more prone to addiction. So there's everything from genetics to the age you started drinking or using. There's also the environment that you're in.  And that's one of the reasons why it's so important that we understand what can lead somebody to this, this life where drugs or alcohol or food or sex or gambling completely consumes their life. All right? And then I go on to the neuroscience of this thing, how it affects the brain, why the addicted brain is different than the normal brain. And then I give some solutions because that's what I do, baby. But anyways, after doing this group for a while, I kept having just dozens upon dozens upon dozens of clients just saying, oh my God, this makes sense. Like a lot of people are asking the question, why? Why me? Why me? So since so many people loved it, they started asking me, they said, Chris, my mom, my dad, my husband, my wife, my kids, they don't understand addiction. Can you teach this to them? And I'm just like, yeah, sure. So we did a family weekend once a month where families would come down and you would do family therapy and all sorts of stuff. And I had a part in that. So I would teach families this as well. And family members would thank me and say, oh my God, I understand. And this is important for especially parents because a lot of parents think they are the reason that their child became addicted. And while there are some components like environmental and genetics and stuff like that, it helped them understand. And it helped, you know, the parents and family members understand that the person with an addiction is not a bad person.  All right. So the family members started loving it as well. Now, since the treatment center I worked at, most people flew in from out of town, out of state to come to our facility. People were like, Hey, my family member cannot come to this group. Like, can you do something? Right. So what I ended up doing was I ended up recording this whole thing and putting it online. All right. And this is like two years ago before, before my YouTube channel was even a thing, right, like before any of that stuff. So I ended up like a buddy came over, Tristan was there and we recorded it. We just put it up. Right. So what I would do is I offer all of my clients, I would give them a coupon code to give to their family members. I'm like, if your family member wants to learn more about addiction, here you go, have them check it out on the website. Now, I am the type of person who's always wanted to be my own boss and not have to work for the man or the woman, if you will. And so I put this course up online and I was charging for it to hopefully bring in some extra money so I can end up leaving my job and do my own thing because I wanted to help out more people by my own rules. Right. So I put this course up.  It just sat there and it wasn't until it wasn't until people started to expose me and talk about this course that I'm charging for. By the way, this course that I taught in a treatment center that costs $30,000 a month. Right. So they started talking about this. I'm like, oh yeah, I have a course app. Right. Like how many of you, how many of you who have been subscribed to my channel even knew I had a course? Most of you didn't because I never talk about it because I forget about it. So I'm like, oh, okay. So if you want some proof, here is my analytics for the last year. Do you see that zero, zero dollars? I've made no money off this course because it's just like whatever, because most of the stuff I teach, I put on, you know, my YouTube channel for free when I talk about addiction. All right. But anyways, because I'm not selling this thing because I'm not trying to sell this thing because it's not bringing any money, all these things, I'm like, you know what, there is an addiction epidemic out there. Like, why don't I just give this thing away? Like, you know what I mean? Like this is something I taught to people in rehab, in a fully accredited rehab. Why don't I just make this course free and give it to as many people as possible? So that's something that I've been talking about for the last day. Like if you follow me on social media or you're signed up on the mailing list, you know that this course is now free. Okay. So I really, really, really, really hope you check it out. Like if you're, if you're somebody in active addiction, check it out. It will help. If you're somebody in recovery from addiction, check it out. It will help to strengthen your recovery. Addiction affects one out of every 12 people on average. So if you know 12 people, you have an addict in your life. Like I said, whether it's substances, whether it's food, whether it's sex, whether it's gambling, whatever it is, you know somebody who is an addict. So please educate yourself. We need to have people educated about the disease of addiction so we can start ending the stigma and help more people. So please do yourself a favor and get educated about this thing, even if you're not somebody who struggles with addiction, because it may help you to help somebody else. All right.   Addiction isn't going away. We need to understand how this thing works. So do me a favor and share this with people, you know, share it with everybody you know. Okay. I'm not trying to make any money off this thing. Go and share it with people, educate people. Let's help end this stigma and fight the disease of addiction together. All right. So just share this link, say, Hey, here you go. The freaking thing is only about an hour and a half. All right. And like the amount of knowledge that you'll gain from this thing is going to be just incredible. All right. So please go check it out. Sign up. If you have any questions, let me know. I might do some like webinar type things for anybody who asks questions. So if you have questions about anything that I cover, because usually when I'm doing a group, I have people raising their hands and I can answer questions. So there's a little bit different. So I might do webinars just to kind of go over this thing maybe once in a month, I'll just like talk about it in like a live stream or something. So if you have questions, write them down. If anybody you know has questions, write them down, whatever it is. All right. So again, go check out the course 100% free. Doesn't take too much time and you can help all of us end this addiction crisis that we got going on. All right. So that's all I got. Thanks to everybody supporting the channel on Patreon. You're all awesome and I'll see y'all in the next one.


whole 72 mile network you may be able to do it with you know 510 miles you know to get you know i'm my personal opinion i'm labeling as such nice like person but i think i have a lot of people i don't really have to wear with all to support a lot of people who are in some expensive homes so they can get get cheaper service than they do now i'm i'm very concerned when we have a poor person who their kid has to go somewhere to do their lessons which comes to the equity issue exactly and i have brought information on the equity issue i think they sent it to you yeah i asked her i'm happy to read to the group because again her town meeting why i said linda questions and she responded that my questions were does this have any miles serve all households and want to break desks and logistics on the grant timing for service construction 9 to 24 again i don't agree but the biggest question i said linda is in one sense is this very compelling sense and to her grant that says the select board can specify how the fund should be used you know i guess i would say so big picture this is my personal view so matter of hearing it internet is an important utility and i'm not saying that there isn't folks who chose to live in a place that was going to be wildly hard to start to do you know that going in so is that necessarily you know our problem but i think if there's folks who are trying to get internet and there's a $30,000 per house barrier for something that wasn't really simply anything understood and there's an opportunity to leverage it i agree i mean i think bill you brought up a great point it might not be the most efficient system to do it i don't necessarily see a world where we as a municipality are taking on this work otherwise i just don't see us having the expertise in the staff and so that's why i'm not saying it's the best model it's the model that's in front of us right and so so that's so that's why i think it's interesting to explore then my follow-up to these around as a select board member information i would want to have is i thought this number of connecting households was really interesting camps and campgrounds i don't know that necessarily like that isn't the top of mind but single family dwellings very interesting so and then it becomes a question of so should in a hypothetical scenario if we supported funding should it be for general construction up the network should it be this you chose to have a five mile drive why did now allocate $30,000 so that was the equity piece i said to lisa around and i'm like in one sense it's very nice that you offer that the select board was to have funding you could decide what to do with it but i don't feel like i have that expertise or work with all the figure out how to distribute that terribly but i think us as a board we need to have a question of like what do we think our role might be and you know what you're saying like who needs the fiber and is it a game we want to get involved in and again i'm not saying i think cp fiber is the most efficient but i would say one you know thank you for your service in that like you know again it might not be the most efficient but i just don't see a way that we're serving it otherwise so that's the piece that keeps me intrigued um i do think we have some more time to have one of my other big concerns is paying for redundancy in internet infrastructure that's already there and taking away from our arpa money that we could be using for other needs in the town you know what i'm saying and draining that draining that because if you're getting 1.5 and the arpa money is for the first of two years right isn't that what you're getting if you're asking for 75 this year and if there's other grants that come through that we have to match you know i'm just i don't know what that is and i'm not you know i'm not denying that we shouldn't match those monies but i'm saying you know is this a i thought i read that this is a four-year build out or is it a five-year build out do you recall everything's going slower especially for the fact that the final up to that point as well so if it's a four or five-year build out i think it's i think it's you're slated for 24 or 25 so if every year and this arpa money has to be has to be appropriated by 2024 and has to be spent by 2026 okay so we've got we've got four years so between so if the timeline for this and the timeline so i'm just i'm curious as to how much because obviously the 75 000 isn't going to be the end of the line for this you may end up coming back to us again next year for more uh to finish it up because also we're we're facing inflation issues you know supply change shortage issues all kinds of different issues that are probably going to drive this cost even higher so there's to everybody's point here there's a lot of the questions that need to be looked into in the answer one way you can follow that i mean linda has explained very eloquently that even if you wanted to cannot by law use cash dollars to pay for this so if you appropriated 75 000 of arpa money to cv5 or now or at the next meeting or in june whenever you do it and then you decided how to use the rest of your arpa money if there's no more arpa money to be to be spent then you can't there's no other money that you can get from because can't use town tax money so you know i i think you know if you wanted to use it you could read judicious and say you know given all the work that they've done this might be an investment that we're willing to make they can leverage money for this we'll have input about how it can be used and express these concerns but i think that there's probably a reasonable way that you could just say this this is all there is you know and the rest of your arpa money to use for other things i'm not sure that i'm just not i don't think a resolution's gonna happen tonight and seeing that it's 10 15 i wonder if there's anything that's really important to say now and then if we can talk about putting it on future agenda whether it's next meeting or the one after and then maybe we can all work to we all really have a lot of questions and if we have come you know prepare with those or you know someone to lend that at a time i mean i know religious to be turned into the following for the grant and i i was really worried about the fact that if we had to do a special meeting that that was going to really right move us pretty far out you know mid summer before some kind of decision with me and that's when it's going to start and dice into the other towns and are going to be putting in your stuff because they already know their select board can make decisions but linda i don't even think there's among the five of us a real strong consensus on one way or the other right now yeah no and i don't we're not gonna i don't think yeah i don't want to put this off for three months but i it's not going to be tonight so i'm happy to ask that it's next meeting i don't think jenna might look like but that's i'm not available next next week sure but i will be glad to answer any questions that you sent to me i'll be at a stake there next time which is another reason i was going to get on this totally understand that's one thing maybe all the board members if with questions email you and you could answer that questions and there's one more point i would like to make sure um and i didn't mean how to the process to go to the process yet but from an equity issue there are a lot there are some uh homeowners in town who could never afford to connect themselves and could never afford uh 75 dollars a month subscriptionary so they will they will never get anything more than uh died and they if they have kids in school or they are trying to be working remotely these people are a big disadvantage how do we we look at these 86 addresses and how do we decide which ones are just wealthy people that uh moved in not like up on ring road and built these million dollar homes and they can afford that's one of one of them told me to put the four thousand dollars in to have a pass connect to yourself as opposed to the others who will never be able to afford anything more than there's an equity issue here i would love to see the right data on that first great um because what i came with is um i'm on the policy committee i'm the vice chair of the policy committee okay and there is a equal access to broadband ead that is going through a feasibility study in ec viper and um we went to a presentation on that there's a woman right her name is Holly brochner and it's it's on broadband availability and affordability and they're trying to put together basically a program where the people who want to get subsidized basically uh can apply to get lower rates and to get help to get committed to get connected which means out of this 86 single-family home there probably isn't a lot of people from what i saw on ring road that would qualify for this social program okay so in water barrier we have a pile of 112 camps and camp rounds we have 86 single-family dwellings which are not all going to qualify for a subsidy right when we have two commercial industrial places we have four state parks community recreations they're probably not going to qualify those it would have to be on this list for the town to to connect if they wanted to make high speeds three utilities one government one national guard army for a total of two women so you as a select board can make decisions about where you want this money to go which ones are these households addresses do you want to connect the camps do you know do you want to connect camp rounds i would say no i know it's nice to have at your campground to have internet but i don't think it's really a second thing if you want it i mean camping means for that purpose to get away with that like if you wanted to bring it to other deliverable that might be helpful to us as i understand i think cd fiber has a like i would buy cd fiber if you put it in front of my house i don't know if that information is confidential we are doing service is that right yeah well i could it be useful to i have heard a handful of comments from folks broadly saying that they supported this and you share the petition signatures which i appreciate i think in thinking about this would be an important priority hearing from folks saying i'm not served and i've tried everything in creation to get served to me would be a compelling argument in support of some manner of municipal intervention you put me on the front of the agenda all the people that are here to say that left yeah you got i would like to hear your 86 homeowners that really need internet what's the income profile you don't give but we can't ask that yes we can't ask that yeah we can ask if you are interested and you have no income would you like to apply it seems as though there are a couple of different issues here because one is that if this cd fiber network happens to come into existence then we may have a lower cost option for fiber connection throughout the time right well and that would require the network right right so and i guess i don't agree with any where we don't have enough information yeah any real decisions here so why don't we just agree to submit our questions and when the team can try to get us the answers that we're looking for and then we have a more important discussion when the folks who are here i assume the people you're in touch with could um if if they're willing to send us an email so that they didn't get an opportunity to speak tonight um i don't know if i was asking a lot but it would be it would definitely be helpful i don't have their email okay that's enough i think i can't ask for that no i mean the folks who were here physically tonight that we're going to speak i didn't know if you were people you're in contact with that's fine okay basically i put out a call right and just show that show up there if you'd like to say something before i understood things so put this back on the agenda in a month though yes linda can't be here thank you and this earlier in the agenda um i didn't expect you guys to make a decision about it seriously yes i did not um this is it's it's not a lot of money to tell you to choose what i'm asking for considering that you spent you gave $100,000 to the ice link you know so i mean this is gonna um i don't look at what 75,000 i'm more concerned with a couple like i think chris this 75 is going to become another 75 and who knows what i'm just concerned about i just can't see necessarily recreating the wheel on that whole another system where cv5 or maybe put five or where it's needed and then i would have to make a dollar fee um yes where it owns the line for the service because i know there's been a lot of discussion about how to do this over the course three years but i was not privy to the the discussion so if it makes you guys feel more comfortable that you think there would be another option that we put it it's kind of late in the game to the action swap um they've already spent all i know of everything getting the design up and running and ordering the fiber paper when everything so i don't know how useful this and it just to make you feel better i can have somebody come and talk to you but but i don't see them at changing course at this time okay and i don't see them asking for three million dollars from water here i don't see them asking for that they will go to a bond get you know and to cover whatever cost doesn't come down anymore grants i do expect that the government will provide more grants it's all of us i don't look at just where it's grant grant grant that you know if it's a grant someone's paying for it and it's all our main street is really nice this big problem with me and i've seen it time and time again in my industry is this here's your suggested price to do this but by the time the project's done it's great oh boy yes so we are going to leave this to death one more okay one more thing how do i apply no i'm just gonna and i i mean this is 19 because i will refer to it i don't think it's going to change anything tonight yeah and i think we would be happy to follow up is about agenda planning for future meetings so i think you'll be more well-served by us discussing how did it discuss it okay for the next meeting but thank you i just want to accommodate you i know you're right at the end but at the last moment it was hard to get you anywhere else i really appreciate getting in because um i could probably answer questions and stuff and we found out a whole month ago again people you know i think we'll take our chances yeah so thank you for coming in thank you for listening thank you for putting me on the agenda agenda agenda well i just want to pass our policy just my annoying added item um that said that those who wish to be added should contact manager select word chart template i didn't know if you all just had a practice in terms of like you know my cc bill like is there just in terms of like coordinating obviously this was meaning and we didn't have a chair so i knew nothing about what to do but we think we're very what have you all done that this work so could you just ask if you had an issue how do you get it on yeah just what's the best part if like i asked for if you even want to discuss something should i email you all of you with the agendas together and the agenda great um and then the two specific things that again you know how to discuss because we can't talk between but was just that i did want to raise a if at the future meeting we want to do some i know i passed first like what meeting's bill you mentioned like planning for the year i mean judging from tonight's agenda we have a really cool slate so i'm not trying to close that we would take out a bunch of other projects but just to have some time for a general conversation and then the self-interested but not pieces that let's probably know i was on the planning commission Steve was nice enough to call the municipal attorney he said i can do that until they appoint someone else but i think we'll record it if probably it's good to get someone sooner i went to a meeting one day and planning commission members feel stronger about let's get someone in as soon as possible we talked about um someone can certainly come to meetings if they're interested whether they're a member or not um so that's one he said just that timeline for boards and committees and then also as someone who's so excited about more meetings about planning i would you know in all seriousness we still be interested in gazing with the planning commission as that needs sense and so i think that's also a more general just select for a conversation about how we connect with our boards and committees so i just wanted to throw those out there as things i'm thinking about us discussing and i want to just put them on the agenda other than to raise the plan and mission issue just because it seems i think we could have that but i think let's maybe let's talk to them if you raise it as a perfect like i said i didn't know the protocol you can also i've emailed carlin asked how full the agenda is depending on how i have a priority the item is and she'll say doesn't want a thing or it's too full so we have on the thing a parking lot that we have some things that we can't get to and eventually we've been pretty good about getting to a lot of those items but sometimes they're either bigger items and you have to kind of push it off a little bit so i think one of the underlying concerns is you know because of partially because of this meeting tonight is you know what what are what board members expectations of where this art money might end up the next couple of years i think that's a huge part of our future planning because it gives us the availability to perhaps catch up on some things the week that's behind us you can't it's nice to have broadband to everybody's house but if you can't get them if you can't get back home and use it there's there's a problem there you're driving to actually need money the appointments of delegates and alternates with cb fiber happens in april uh when in april okay and we do it at the april or april fourth meeting we usually do appointments with april eight weeks because their terms go through okay there okay you'll be here not mean okay and christopher said the same thing okay sounds good you both have done a great job right here okay consistency is key right yeah can i entertain a motion to adjourn so early what are we gonna do for the rest of the night i thought we were so close point though we got to the cb five or we make it if it was like 15 to 20 minutes but i'll second that let's do it second then all in favor say hi