Coming up on DTNS hope for solar and wind as battery installations rise We try to make sense of Jack Dorsey's attack on web three and the tech hero you crave may have been with you for decades This is the Daily Tech news for Tuesday December 21st 2021 happy solstice everybody in Los Angeles. I'm Tom Merritt and from studio Redwood I'm Sarah Lane I'm Rogers Roger Chang is just producer and here it is ended up the season your boy big Chris Ashley. What's up my people? We have Chris Ashley Yeah, but folks we got we got some good stuff coming on we were reduced having some fun with Whammy get in and more talking about our favorite holiday songs on good day internet You can get that wider show at patreon.com slash DTNS Big thanks to our top patrons today. They include Dan Boyles Logan Larson and Mike Aikens Let's start with a few tech things you should know Show me announced on its official Waibo account that it will launch the Xiaomi 12 series on December 28th The company started phasing out its me branding earlier this year. So people have been Interested in what's coming up a marketing poster for the new phone features Chinese sprinter Sue Bing Zhang which may point to the 12 series being China's China Market focused at least at first Devices and the lineup may include the Xiaomi 12 the 12 pro the 12 acts and the 12 ultra according to at Gadget 360 AT&T announced it's selling its programmatic advertising marketplace Xander spelled X a NDR to Microsoft terms of the deal were not disclosed Xander has formally been a part of Warner Media and its ad unit going to Microsoft is Kind of contingent on the broader deal of Warner Media merging with discovery in related Microsoft news The European Union has granted unconditional approval of Microsoft's proposed acquisition of Transcription tech and AI company nuance the EU found that the acquisition would not harm competition in its opinion The UK is competition and markets authority has just started its own review. So the deal is not done yet still a few more hurdles Back in 2015 Google launched on hub a $200 smart router and home hub Year later it launched Google Wi-Fi that had fewer smart home features with what was also less expensive And focused on mesh networking the writing has not been on the wall for six years or so And the writing has been scribbled on hub routers will stop receiving updates on December 19th 2022 so there's some time yet, but it's happening After that date the app won't work with it anymore and on hub users can get a discount on a nest Wi-Fi router as a replacement The pixel 6 pro can now support playing g-force now streaming video games at 120 frames per second in 1080p That's the first non Samsung phone to do so This is of course the g-force now plan that supports up to 1440p on desktop and 4k on the Nvidia shield Costs you a hundred bucks for six months and video says pixel 6 users will need to change their quality settings to get that 120 frames per second it won't turn itself on users also need at least a 25 megabit per second internet connection as well DuckDuckGo posted details about its privacy focused desktop web browser that it's developing as a companion to its privacy focused search engine CEO Gabriel Weinberg said that it would be yet again a browser like Brave and Firefox and Vivaldi That aims to give you privacy by default It'll have a fire button already seen on DDG's mobile browser that erases your browsing history Also your stored data and also your tabs in one click All right, let's talk a little more about a Jack Dorsey Twitter rant. Oh, let's do it Tom so web 3 Which a lot of people consider the decentralization of everything is Hot here in the waning days of 2021 web 3 you hear it a lot Whether you care or no or do care or all the other things it is a you know, it's a hot word for Instance Radio Shack just announced its own decentralized finance or D5 venture Letting users trade tokens on the Ethereum blockchain That surprised some people other people said well, you know, it's the person who bought Radio Shack Render networks a decentralized service for 3d rendering of art backed by NTV artist people just raised $30 million and square CEO Jack Dorsey says, you know what this is all a bunch of BS Dorsey stirred the crypto Bro pot on Monday by posting Quote you don't own web 3 the VCs and their LPs do he's talking about limited partners Which is venture capital it will never escape their incentives. It's ultimately a centralized entity with a different label Know what you're getting into? Few hours later Elon Musk posted in response has anyone seen web 3 I can't find it To which Dorsey responded and it's getting silly at this point, but he did it's somewhere between a and z So if you're not already laughing about the crypto Twitter jokes going on here Maybe you're like, what is it? What are they even talking about Musk is joking about the ephemeral and variant definitions of web 3 The one that you could probably figure out Dorsey's response a little bit more of a sub tweet of a VC firm called a 16 z Which funds a lot of crypto projects and has been, you know, very much in the mix as far as crypto projects Go so to go back to what? Dorsey was making as a point The point he was making was VC companies with the normal incentives that VC companies have of making returns on investments That's why they're in business They're making decentralized web 3 projects to the tune of six billion in Q3 of this year alone 2021 Dorsey argues that participants in these projects won't realize the open advantages of decentralization if there is a centralized backer Looking to make more centralized profits. This may sound reasonable to you. You might say well, that's just how capitalism works, right? But calling a crypto enthusiast centralized is a grave insult A lot of people get a bit upset about this Dorsey's contention seems to be that Bitcoin rose on its own merits without any backer and therefore has no controlling entities although Ted crunches Alex Wilhelm points points out that point oh 1% of Bitcoin holders control 27% of the coins and circulation that is a lot of people well a Very few amount of people controlling a lot of money. That's far from a 51% attack But still a concentration Wilhelm also argues Goodness Wilhelm argues that Bitcoin enthusiasts are religious in his tech crunch article It's saying they have unending faith in the original project while what three folks He says are greedy quote in a manner that allows traditional investors to own toll booths and tax collectors throughout the decentralized landscape So really what we're talking about here is this just like like Sarah sort of implied billionaires joking around on Twitter fighting with other billionaires Or is this something worth paying attention to is Jay is Jack Dorsey making a fair point that There are projects like Bitcoin that are truly decentralized no one even though there's a concentration No one organization controls them and these web three projects are are as a lot of people say they're scams They're they're they're ways to fund a venture capitalist pockets and not Truly decentralized if if one group of investors controls it. So I look at stuff like this and I say, you know Oftentimes you find that these conversations are muddled because the wrong person is delivering the message, right? So there's merit in what he's saying if you're starting a company and you're touting that hey, you know We're gonna be part of this decentralized Era, you know that way we don't have to we're not beholden to anybody we can have more open source stuff We want to be a part of that to make the internet free But we need to take money from investors who are gonna want us to adhere to certain numbers There is actually truth in that right you if these guys are giving you money They want to return on their investment and therefore you're gonna have to hit milestones but at the same time you don't know the intentions of the people that are starting these companies and not and also It's like how else are they gonna get started in today's year? So so there is truth in it But it's just like man just be quiet Sometimes you just want certain people to be quiet on certain subjects because it's just like you're the wrong person to deliver this message. I Really don't know if Jack Dorsey and Elon Musk You know have some like personal beef and that's gonna come to fruition in some way that you know We don't know about now That's outside of that, you know both companies Seem to be like they were getting along that that Jack was like, yeah, right Elon like Yeah, because it was more of a coin supporter It there's their in opposition Positioned to a bunch of the the web three pushers out there That they try to to get folks to invest their money in their startup and yeah, I think you're right Chris I think you nailed it Jack May not be the voice that everybody's gonna listen to Because people are going to assume all you you're a CEO of a finance company square, you know, what's you what's your angle? I don't actually think he has an angle in this case I I think he is just trying to say like I think this is better technology because it is truly decentralized But then I don't know what got up his Behind that made him take to the web today right right now. Yeah, call everybody out. Yeah You've already made it. You're there. So people are not gonna look at your your comments and be like he's right Maybe a lot of this is posturing. I mean, who knows, you know, I couldn't pretend to know what What somebody might want to do to manipulate the market by saying something sort of silly and innocuous If you're Jack Dorsey you have the power to do that. Are you gonna do it? Probably not but you know, you do have the power to do it All right, let's talk about something practical bleep and computer reports on a large-scale study of phishing attacks conducted by ETH Zurich over the course of 15 months the researchers sent fake phishing emails to 14,733 participants at their regular work email address along with Deploying a button to make it easy to report phishing attempts so they didn't know these emails were fake But they gave them a button to be like if you see a phishing attempt report it whether it was real or part of the test The study was trying to determine which employees fell for phishing attempts how that vulnerability evolved over time how effective Embedded training and warnings in email clients were and what employees might be able to do to help stop phishing Previously there had been a gender breakdown on this but they found gender not to be a factor in this study Whereas age was the younger and older people in the study were more prone to fall for attacks than those in the middle and People who use software for repetitive tasks were more likely to get phished than those who did not need computers for their day-to-day work The more often people were exposed to phishing the more likely they were to fall for it You just kind of wore down their resistance and people who fell once were more likely to fall for it again Then then people who had not fallen for it Which I guess kind of makes sense because you've fallen for it once But it it was more likely for them to fall for any given phishing email if they had already fallen once before Warnings were effective in the email clients, but increasing the detail in the warnings didn't change it just having the warning was as effective as trying to tell people more info and simulated phishing exercises and voluntary training Actually turned out in this study to make people more Susceptible not less to the attacks kind of tying into that when they saw more attempts it wore down their defenses as to that Reporting button they implemented it was 68% accurate overall and usually submitted in a timely enough fashion that it could provide Increased protection without adding a sizable workload So that seemed to be a good idea as well take away seems to be that warning and Reporting buttons are the best ways to protect people from phishing attacks here Not that education is bad, but some of these training things can do more harm than good if you're not careful Oh, I mean as somebody who I feel pretty internet literate There are phishing attacks that I sometimes I'm like I'm about to press the button. I'm like oh wait a second.  Oh I see what you're doing.  You're gonna regret it It's gonna be a problem is a good thing Yeah, so I looked at this article and the more I read it and re-read it It kind of invoked a couple of different thoughts that were Oh, it made me mad a little bit and first off Let me let me go to the first the biggest one which was the same the part where I said the training was Didn't help and it actually made matters worse and I think that's the wrong Take away from that part of the training right or that part of the study Honestly, if you're saying look at this email, is it good? Is it bad? Look at this email. Is it good? Is it bad? That's not going to help the person because you're asking them to Analyze things that they have no idea about Instead they'll take away should have been their training We're doing is ineffective and we need to find better training to help these people determine Not to click on these type of emails and it really should just get from a Basic starting point don't trust anything you get Right then move on If you're in a you know large enterprise company, right? And you're telling people, you know, you just got to look at the emails more closely and that's not working Then what do you do? Yeah to me? I this is the same advice. I give co-workers I give to my my own family do not trust emails that you get, you know Because inevitably slowly especially if they're out of character for what you get for emails, right? If you look at an email and you get a person Hey, here's a joke for you. Here's the document. You've been waiting for I haven't been waiting for any document Let me click on this document. No, no, no, no, you're not waiting for any document Don't click that email, you know me and I can't tell you how many times in my regular job That I'll send a message to a person like hey, did you just send me a document? Did you just send me an email? No, I did not okay. Check your email check your password I just got a spam message from you right as opposed to you know, yes I did I need you to see this and you know, take a look at it and get your opinion. Okay, then we're good You know what I mean? Just creating better habits for receiving those with it with the people that are supposedly sending the emails, right? If you can have a conversation about But you know, hey, did you send me this and the person's like yes or no Then you're you're kind of it's smooth sailing, but I think so many people don't do that Well, I don't reply to the suspicious email Right. No, we don't do that separately Directly, but you know a lot of these phishing emails are just sent at a bunch of people or Targeted to somebody who may have access to what these people are looking for or they don't know They just want to get and a credentials on the network so they can then span out from there, right? So they're just sending random emails to people and it's like, you know, they may send it in a spoof to header and try to get Somebody is to recognize it, you know, but if you're definitely getting an email from outside You know that it's gonna be easier to recognize that you probably should not click on it, right? But unfortunately, you know, if we're just telling people look at this this looks like fish and just look at this This doesn't look like fishing. I think that's the that's the wrong approach Yeah, and I don't think the the study was trying to say never train people I think that that may be, you know, I didn't think that was a study I thought it was the conclusion in the article, but I but I think what they're saying ETH Zurich is saying is simulated fishing exercises That's not it voluntary embedded training didn't seem to work there. There are other ways of training people that work and Like going back to what Sarah was saying everybody on our best day has a moment where we just almost get fooled, right? Oh, yeah And that makes perfect sense that the more often you're exposed to it the more chances at bat you have To strike out and and fall for it So warnings and other things that are automated to kind of backstop you like, you know The right kind of training and and some backstops That seems like a good takeaway from us. So and the other thing is though is I'm happy That they're actually doing a study on this fishing is is is real, you know, I mean a lot of these companies Get had because one person I remember it was a government agency in the last I think 10 years That got hit pretty hard all because somebody said hey, I'm your network administrator. I need you to send me your password Oh, yeah, no problem. Here's your password I told my mom very simply you when I gave her email I said mom if it doesn't look like an email You don't you're getting on a regular basis contact me. That's it, you know And it's been very effective. My mom has never Whatever you want to do it has never You'll been victim of that because I scared her on those messages, right?  It's like, yeah I just got this message. I'll take a log into her email. It's like a look like now That's not a good one like no, no, this was okay And I think we need to be very diligent about that especially as we continue to see hacks and Network breaches on the rise, you know, we definitely need to be more diligent about Finding ways to break through to our co-workers and to our family members Well, a lot of it, you know as as our financial lives Turn more and more online at least for some of us, you know for me, for example It's like if I get it so somewhat strange email from Ben Moby and like hey I just want to like make sure that your last transaction was kosher, you know, I Sometimes I'm like, okay. Yeah, I did just do that. Okay. Let's make sure it's kosher. Oh good.  Yeah, definitely. All right. Let's let's let's move on to something a little more positive here This is shed some sunshine into this episode Chris. Yeah, Chris. All right, let me let me brighten it up a little bit So back in 2020 the US had less than a gigawatt of a large battery installations That's enough to power about 350,000 homes for a few hours How about now S&P global market intelligence says that US should finish 2021 with seven gigawatts worth of battery installations and looks on pace to add nine more gigawatts by the end of 2023 which would bring the total to 16 gigawatts Battery storage has been long-sighted as one of the limiting factors on renewable energy as the Sun doesn't always shine And the wind doesn't always blow But the installations are finally increasing at a significant pace The Wall Street Journal notes that battery installations often are replacing gas-fired plants that only fire up in times of peak demand So why is it financially picking up finally picking up? Battery costs have fallen steeply a pack that costs $1,200 per kilowatt hour in 2010 now costs $132 and this isn't a regional thing Projects are taking place across the country including Oklahoma, Michigan, Arizona, Maryland Not just California, New York, and Texas. It's not all rosy though higher prices for raw materials could slow down growth Though tax incentives might be able to offset inflation and it's not just industrial That's growing their residential market for home battery installations is expected to grow by more than a billion dollars next year Why are the battery prices dropping so much? phones and EVs we hit that economy a scale and improved technologies for Manufacturing because we needed to make all those batteries for smartphones and those batteries for smartphones kind of drove the price down They got EV adoption electric vehicle adoption has pushed it even farther So that seems to be part of it as well as some subsidies and things here and there in various states and countries Around the world, but yeah, we're we're finally getting the point where this is cost-effective enough It has enough scale that utilities that you see that number like going from one to seven to 16 Like that that's starting to snowball and this has been a long time coming where people are like yeah So there's great, but if you can't use it right away, it's gone And and if you can you can start to add enough gigawatts of this then it's not gone it's amazing to me that that Companies like power plants are not leading the way With this technology and it's like solar technology and batteries back because it behooves them to be able to constantly provide energy They can provide it and charge forward and even for the maintain maintenance of the plants, you know Like here in Maryland, we actually have a lot of power lines that are above ground which is terrible, right? It's a bad storm. They hit you go down and you lose power, you know, and then we've been after Folks, you know these companies for years to bury the line so they stop breaking and you know I was talking to a friend of the family who actually works for a mate who worked for a major power line They're like, you know, people say we want to bury these lines But they don't want to see the cost of that and that cost is gonna get transferred right back to you You know, so the fact that you can actually just do something like let's get this new battery technology going Let's get these solar information technology going because honestly if my power company says pay extra five bucks a month But we can guarantee you more uptime because we're investing in solar power with battery backups I don't have to put stuff on my roof, right? I can just rely on them and to me It's it just seems like you know them car dealerships. Why are they not leading the way on? EVs and stuff like that. It's just I never I never understand this stuff Well folks if you understand it and can explain it to Chris, please get in our discord You can you can you can do that by Lincoln do a patreon account at patreon.com slash DT and s For a while now we have bemoaned the Centralization of the internet and the rise of a handful of tech giants that dominate our tech choices more than once I have wondered who the next company might be that could rest power away from alphabet meta and Amazon the way they arrested it away from the IBM's HPs and oracles of the past We've looked at tiktok bite dance tiktok parent company other Chinese companies Is that gonna be it is it gonna be Spotify is it gonna be snap? But the answer may have been under our nose for a while protocols David Pierce has an article up today called can Matt Mullenweg save the internet now if you recognize that name you probably think of him as the WordPress guy and rightly so Mullenweg developed and continues to help develop wordpress, which is still a fully open source project his company Automatic does not own wordpress though It uses the open source project as the basis for a web hosting service called wordpress.com Daily Tech news show has been on the open source version of wordpress for all of its life And in recent years began being hosted by wordpress.com itself What you may not realize is automatic also runs an e-commerce plug-in called Woo commerce a private personal journaling app called day one The analytics tool parsley cloud note taking service simple note the classic simple blogging service tumbler That's owned by automatic now and more recently podcast app pocket casts It's quite a collection Mullenweg has said that his goal is to build the quote Berkshire Hathaway of the internet made up of what he considers are the most important products and services in tech and each one is Built with open source software and a commitment to the open web as a priority This isn't just idealistic automatic is a seven point five billion dollar private company and get this 43% of websites on the internet run on wordpress's open source platform if that was alphabet There would be constant antitrust investigation into the works right now But automatic doesn't exercise control over all those installations. They're open source automatic isn't controversy You don't hear about it in the rage-filled corners of the internet and it's a private company Controlled by Mullenweg so you don't hear about it in the hype filled money-making corners of the internet either a Lot of pierce's protocol article is about Mullenweg's belief that the pendulum always swings between closed and open And we're just at the end of one of those swings right now He sees web three as a manifestation of that swing back towards openness. He told Pierce There's an inevitable gravitational pull towards open source affecting literally every field finance health politics But that doesn't mean that he thinks that every web three project is good in a recent yearly company address Mullenweg warned for every project which is asking for your money Dollars for you to pay the cost of a house for a picture of an ape You should ask does it apply the same freedoms which wordpress itself does how closely Does it apply to increasing your freedom and agency in the world so there you go Jack There's the way to decide if a web three project is good or not ask Matt Yeah During their conversation for his article Pierce says Mullenweg sent him an email which Pierce thinks sums up what Mullenweg believes in It's a quote from Albert Camu the only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion That is better than don't be evil that is better than move fast and break things What do you think? Well, it makes a lot more sense. But yes Chris, please win So I when I read this article it actually invoked quite a bit of emotional thought in me because I Was at first I was very Skeptic I was like, oh, come on dude You're not living in the real world and I got mad at myself because I was like man This guy's got so much hope for the internet. So why are you, you know looking down at him? Look down at yourself. Let this dude be him but as I got to the end of it and started realizing I Think it's great what his standpoint and I love the fact that he is Maintaining it and living his truth But I think the biggest problem we have is it's not that it the folks that listen to this podcast and podcasts like this Are educated in these things and they understand why people are mad at Facebook and Twitter for their Use of our data and our use of our information and the monetizing that information and how they you know Any company that comes up with an ability to gather more information? They snatch that company up as quickly as possible But the majority of the users that are providing this information have no idea What is wrong with Facebook and Google and Microsoft and all of these companies? In fact, I would be willing to bet that if you ask the majority of people, what is wrong with Facebook? What is wrong with Twitter? They'll say they're stifling our spree speech Not they're taking our data and monetizing it and so they're too big some kind of vague Yeah, and they can continue to do that and they can put themselves in this position to continue to do that So I love this article because it does provide some hope for Making a better internet But I think one of the things we need to do is we need to figure out how can we get more people to understand? Why this is important? Why would he saying is important what I what I like about this is mullen wags answer to that seems to be build it So that there is a compelling thing for them to go do Don't shout at them and hope you change their mind. Yeah, and you know when you spread stuff like that You're like, oh, man, this guy really is hopeful and I really appreciate that You know and so I love the article and I love what he mullen wig is doing You know and there's a couple of other platforms I would love to see because it really seems like he's laid out a path, right? You you create this one platform I'm gonna buy this other platform and keep it open source. You take this one. I'm gonna go buy the opposite If he goes after YouTube That's I think that's something that can have like a big You know impact, right so people to start paying attention, but like he said, I would also be totally crazy, but yes It would but it would make noise make waves But you know the guy has a plan and I love the fact of that too, right? He's like I can't take on every aspect of the internet, right? I gotta do it in in pieces where it makes sense But I really love, you know, how we in an article about peace by peace the companies that he Chooses to invest in or have him join, you know, they don't all just join in the same manner, right? Some of them are partners some of them become subsidiaries But he's he really seems to have some thought process of how he wants to achieve his goal And I think you know when one of the best things that I saw my company do that I work without a work at is like they started come out with these plans from The top level and then they said, okay, here's my agenda. How can you? Contribute to helping me achieve that goal, right? So it started from the top down and it seems like he has that same mantra, right? Here's a company that I want to get to keep the internet open and free and and open source How can this company help me achieve that? Do you want to be a part of this dream? And I love the fact of somebody the company that he purchased pocket cash and all of them Had that same aspect in that same inspiration So it's really hopeful at the end of this article about what he's trying to achieve And you know now I'm thinking how can I support this cat to make sure that he achieves his goals? I really love what he's doing But I think it really starts with making sure more people understand what's truly going on In the internet and you know the monetization because I don't think it's just gonna bounce back or it's gonna level itself out So easily right because these companies put themselves in a greater greater position To keep themselves in that in that in that pole position. And so we got a bigger It just takes time every every time a company looks too big to fail Just wait Well speaking of things We'd like to extend a special thanks to Jerry Tolbert one of our live top lifetime supporters for DTNS Thank you, Jerry for all the years of support Also, thanks to you Chris Ashley. You were on fire today. I'll let folks know where they can keep up with all of your Great musings in in the rest of the world First off. Thank you guys for having me this year I had a great time on every single episode folks if you want to check me out Always come check me out me and my homies on SMR podcast We just may talk about anything on there, but also check us out on our new venture barbecue and tech rod and I Are having a blast sharing our conversations about barbecue and the tech that we use to facilitate it You know could be something is using a spoon to take the Membrane off a ribs all the way up to a controller to keep the perfect temperature on your smoker So just having a blast talking that stuff and sharing some of our cutting boards and the new lane board is up on the store Some of our favorite people out there. So, yeah All right, I was so excited to see that today. Well, thank you Chris Ashley for being with us We are live on the show Monday through Friday all Weekdays 4 30 p.m. Eastern 21 30 UTC and you can find out more at daily tech news show comm slash live We're gonna be back with it all again tomorrow. It's got Johnson. I'll do that I'm a club hopes you have enjoyed this program


okay guys here we are back with our first daily drawing in our kids arts and crafts video series while we're all asked to stay sheltered at home right now i'm sure you're all doing what you need to your due diligence and doing your schoolwork and minding mom and dad or grandma and grandpa whoever is home with you that you're practicing your letters and your numbers and your reading if you're older that you're doing your math and your algebra i'm sure you are but in the meantime rather than just sit in front of the tv which i guess is this is the one circumstances maybe circumstance that maybe you can do that maybe you would like to do something creative some arts and crafts which is why i started this series to begin with so we're going to start doing some daily drawings in the video just before this we showed how to make this little little daily drawing little sketchbook if you don't have a little notebook to sketch in and you want to just make one with some stuff that you have around the house that you have mom and dad's permission to use um i showed you how to make this you will notice that i glued some of our um embellishments we made in one of our first videos we made a whole bunch of these and um then we made a card with them and then in another video we did a journal page um i took some of my extra ones and i put them here on my cover which i really like the way that looks i usually always do something to my covers here's one of my other ones from downstairs i put stickers or something on them i do have usually a piece of hard plastic that i put between my pages when i'm drawing because i do kind of sometimes tend to press really hard and i don't want to make marks on the other paper you don't have to have this but if you have a hard piece of plastic or maybe um like you could totally use this this is a piece of a tissue box um so if you've had a cold or a flu you've probably got a lot of these around you can just grab a piece of that tissue box or cereal box or something before it goes in the trash you just need a little piece that's about the same size as your piece of paper um you probably want straight edges on it so you might want to have if you're younger you might want to have somebody help you cut the edges like that just fits a little bit better and then put it underneath a piece of paper that you're going to draw on and it just it gives you a harder surface to draw on you're also going to want a couple pieces of scrap paper of the same kind of paper uh as your notebook if you made your notebook this is kind of it's not super important but um it for me it is um my notebook's not quite dry because i'm filming this the same day i made it so we're going to just do that um so for me what these are important especially if i've made a notebook out of a new kind of paper other than i'm used to is i want to know before i do my drawing what pencils pens and markers are going to show through the other side because i usually like to do a drawing on the front and then i like to turn the page and do another one on the back but i don't necessarily want the marks from this side to show through that side so for instance if you just take a colored pencil and make some marks you don't really show through right but if i took let's try the ballpoint pen this is just a big pen but any ballpoint pen they're pretty good too but if i take one of my crayola markers what's that going to do that kind of shows it's not too bad now if you're old enough to use a sharpie this is going to be bad it's going to be it's just going to be see the sharpies bad so you want to know what's going to show through and what isn't you may not mind the marks when they show through but it might bug you um so i recommend a little tester piece of paper or two in your stash okay so our first word on our list word number one is breakfast now i'm a grown-up so i usually just have coffee and maybe a banana for breakfast or a cup of yogurt or something so the first thing i do is i write the word at the bottom i don't know why i do that because the words are here but i just always have written the words at the bottom probably because i do um two three or four different little sketchbooks every day and i usually write all the words and then i have them all stacked up and then i just work at them one at a time i don't know all right so we're going to draw a little picture of my breakfast now whatever you had for breakfast you want to draw something like that but i had like i had a bowl of yogurt so i'm going to draw a little bowl i'm going to draw like an ovally shape here you could totally do this in pencil if you if you want to draw some lines for the sides and they're curt they're tilted in just a little bit and the bottom here is curved just a little bit it's not straight i'm going to draw that handle of a spoon sticking out and in the back we'll do a cup of coffee so it's a similar shape you start with this like funny oval i'm going to have one side of the cup go straight down so look at the look at what you had for breakfast pull out the bowl and take a look at it look at the cup that you had your juice um i i sometimes will take a picture of it while i'm eating if i'm not going to do the drawing right away and then i will go back and i will look at the picture on my phone so if you're old enough to have a cell phone one thing you can do is while you're sitting there at breakfast take a picture of your breakfast then eat your breakfast then when you're ready to do your drawing look at what you see in the picture and draw what you see don't try to try to draw all the details it doesn't it's not about drawing the details okay i'm going to put a handle on my cup add some shadows by putting some lines in now if you're not sure what to draw for some of the prompts take your word whatever the word is go to google or go to Pinterest if you're old enough to get on a computer type the word in and then type simple drawing now if you're not sure how to spell that so you're going to type the word in and today's is breakfast right so take the word off of the list hopefully they're spelled correctly my spelling is not the best but i think they are right and then type simple and then drawing type that into google images or Pinterest and see what pops up and then take inspiration from what pops up for an idea of what to draw i'm going to draw some steam coming off my coffee so i like the shapes of that so now i'm going to darken some of them by just pushing a little harder with my pen now some of the lines that's pretty good now i want to add a little bit of color color for me really makes the drawings pop so what do i want to use for color looks like i can use my crayola markers because as long as they don't get them wet they don't show through too much now when you're using color in your drawings let's do this first so let's take out the black one and the silver one and the brown one all right so we've got gold which is kind of a yellow we've got a blue kind of a bluey purple a ready purple and a green right so and you also can show this maybe a little better with the crayons so the colors that are warmer that make you think of sunlight and summer the beach would be the yellow the red the lighter green the gold right maybe sometimes the light blue the colors that make you think of shadow and cold would be that's a red one would be your darker blue purples and your dark purples and your darker greens so their shadow colors these are highlight colors suggesting lightness and brightness and warmth so when you're coloring your items i want you to think of using your cooler shadow colors in the darker places the shadow places on your drawing and the lighter brighter highlight colors in the other parts so i'm going to actually grab the yellow crayon and the paper is yellow so i don't need to do too much of this i also almost never color in the entire drawing when i'm doing these i just add a little bit of color to emphasize and highlight my drawing to accent my drawing so i'm using two different colors of purple this one's warmer than the other one and i would leave it at that that's cute so that's my breakfast drawing i would encourage you to give this a try and see what you think our next drawing will be face we've done faces yeah so try doing these every day i would love to see what you do if your parents give you permission to share with me that would be great you don't have to i will be trying to do one or two of these daily drawings every day for right now going forward so it'll keep us all occupied hopefully and add a trouble right out of mom and dad's here all right that's it for right now go out and have a good day do your schoolwork mind your parents and do something creative it'll help you pass the time and i'll keep you occupied i hope don't forget to go out and do something nice for yourself and maybe mom and dad you know you deserve it and so do they that's it for right now see in the next video bye guys


Why is the narcissist so mean to you? There comes a point in your relationship with the narcissist Where they become very mean to you often after an argument or disagreement Or when you don't do what they want or Think the way they want you to think Which can happen in a healthy relationship But it doesn't mean that you have to become enemies In a healthy relationship You can talk to the other person and you can end the relationship on good terms This doesn't happen with narcissistic relationships When you don't do what they want Or think the way they want you to think They will do everything they can to hurt you They will be mean They will become aggressive Because they're narcissists They lack empathy They cannot share your experience They're self-absorbed They're only concerned with their own feelings and needs Which is why it should be no surprise that they are mean to you a Person with this type of personality Doesn't know how to be kind or considerate There's nothing motivating them to be that way towards you They can only pretend They can only imitate what they have seen from other people or movies and They will only do that when they are trying to manipulate you But if you are no longer susceptible to them in relation They will be very mean to you There's no incentive for them to pretend anymore Because they know that you know what they really like So that is when the mask comes off That is when they don't even try to conceal who they really are When you're still in the dark on what you're really dealing with They will pretend to be nice to make you think that they're good So that they can keep you as their source of supply But when you start to figure them out they're not even going to bother pretending anymore That is when they will start being mean to you That is when you will see how selfish they really are They will blame you for everything They will never reflect on their own faults or mistakes Or anything that they might need to work on they will make you feel like everything is your fault They have to do this to protect their false self They are shame-based people who are doing everything they can to avoid reflecting on their shame And they don't want to deal with the consequences of their actions So they have to see you as being the cause of all of the problems in the relationship Which they can then use to justify them being mean to you Because when you pull away from the narcissist In their minds, it's unfair In their minds, you are just using them Because everything has to be about them They always have to be the victim And when they're being mean to you To them, they're just protecting themselves against this horrible person who took advantage of them You may not have done anything wrong But once you've been around the narcissist long enough They will be looking to punish you They will do everything to hurt you Because they want to watch you go in through it So that they can feel better about themselves They will do anything to make you miserable They will sabotage anything that makes you happy Anything that is good in your life Because this is also a way for them to control you Anything outside of them that has an influence over you Is a threat to their control So they have to gain authority over it They have to bring it into their realm When you disagree with them on anything And you have your own ideas or opinions about something Or you refuse to do what they want you to do They feel like they are losing control So they will find another way to gain control When they are being mean to you They feel like they have control over you They can influence your emotions They can get you to react to what they're saying or doing And it makes them feel powerful It gives them satisfaction They're sadistic They derive pleasure from inflicting pain, suffering and humiliation on you As long as they can make you feel bad They don't feel bad It makes them feel better And they don't care about how it's affecting you Because they lack empathy They have an inability to feel or understand your emotions Which is why it may seem like they have no concern for you Which is why they're so cold towards you When the narcissist is mean to you You may take responsibility for it And think that it has something to do with you But really It has everything to do with them It has everything to do with where they are in the mind They're self-absorbed They only care about themselves And they're very cruel So naturally They will be mean to you That's just who they are If you experience the same situation With someone who is healthy It wouldn't have a very different outcome or result It would not result in them being mean to you They would respond to the situation In a mature and responsible way Rather than being directed by their emotions Because that is why narcissists are so mean It all comes from their emotions And they are using you to feel better about themselves Thank you for watching I hope this video resonated with you Please like, comment, share and subscribe If you would like to donate My paypal link is in the video description Coaching Inquiries You can email me at coaching.narc-survivor.uk Thank you for watching and I'll talk to you soon


Okay, so I'm Kate. I lead partnerships and tiny technologists. A world's most trusted. What you see is what you get component for each text editing. And I'm also holding a certification from Nielsen Norman Group. It's a usability certification. And I've been working in branding content for more than 15 years. I hold other certification. Also won multiple awards in branding content, including cons lines, webbies. I've been on cons lines, jury ones. Also was named one of most influential women in native advertising and by Native Advertising Institute in 2019. And my work have been featured in Harvard Business Review, Financial Times, TechCrunch and many publications. I'm really, really passionate about content creation and all that surrounds it. And this talk was inspired by our dilemmas, our internal dilemmas as we've been figuring out how to best integrate AI capabilities into our product that didn't have AI capabilities before. And what kind of research-backed guidelines can we follow? Do they exist? And how do we do that to best, you know, to implement AI in a way that is not disruptive and is actually useful for our users? So first off, I'd like to share that Microsoft recently distilled lots of research, like 20 years' worth of research of human computer interaction. And they gathered 150 different recommendations that came out of all these studies. And they narrowed them down to 18 guidelines and then tested them out to be practical and applicable, which is really important. And this paper kind of sums this up and we will explore some of those guidelines during the talk. And the other really interesting recent articles by Nilsson that is called Articulation Barrier. And this recent article is about how written prompts that are often used in generative AI tools are dangerous in terms of inclusivity just because literacy is an issue. Even in highly developed countries, it can be a big percentage of the population can have issues with literacy. And if you're asked to write extensive prompts, it can be actually not very inclusive and therefore Nilsson advocates for a combination of UIs that have prompts that have, you know, commands over just relying on written prompts. So let's dive in. The guidelines give you several cases of interacting with AI functionality initially as you just start during interaction when you are already engaging with an AI capability. And the next one is if AI is wrong, if it makes a mistake and over time, how does it evolve over time? And here we'll try to figure out how it all can apply to Moodle and learning experience and how you add any AI capability into Moodle following those guidelines. So let's start with initial phase. It's important to set expectations because AI can do it all and it's important to explain to the user where are the limitations, what AI can and cannot do. For example, we just discussed plagiarism detection. It's important to explain where are the limitations, what's possible, what is accurate, what is not accurate potentially. And this gives you some expectations so you can figure out if you can rely fully on AI or you have to mind the limitation that are out there. So during interaction, a few important guidelines is to ensure that you adopt your services based on the context. You show relevant information. So for example, there could be AI capabilities that are adapting to learners' progress or specific interests or challenges. You need to also match relevant social norms and definitely mitigate social biases. I think some of the Nielsen's recommendations that I just mentioned related to literacy barrier could fall into this category as well, making AI-capable tools more inclusive. So the next stage is when the system is wrong. As we all know, AI is often wrong. There are many mistakes and hallucinations that can stem from just training data issues, biases, maybe just a mismatch between what user is trying to do, what AI is trying to do. So it's important to figure out how to react when AI is wrong. So first off, we need to support efficient invocation, make it, you know, ensure that you can actually trigger it on purpose and it's not done just by default. Support efficient dismissal, so you can ensure that AI is easily kind of dismissed when it's unhelpful for any reason, efficient correction. And then also important guideline, ensure that you explain why a system did what it did. And then over time, and there are multiple guidelines on how to approach AI capability over time as it trains and becomes more adjusted to use cases or specific scenarios. And I wanna highlight guideline number 14, update and adapt cautiously. I think it's really important just because AI system can accelerate really fast and they can quickly adapt to certain specific use cases. For example, if we add capabilities of adapting curriculum to learners' progress, it can go too fast and this could actually cause disruption because users need to understand if, you know, why changes are happening, what's going on, it should happen but it can't be that disruptive. So as mentioned, we added AI assistant, a capability in TinyMC that's powered by GPT-3 by OpenAI. So this capability is helping to enhance human writing but at the same time it follows the principles that I just shared. It definitely combines UI prompts, written prompts with commands that you can actually customize to your specific use cases and it can be easily dismissed. It definitely shares the limitations and it kind of part of a familiar interface. So just, I'm not sure, we have five minutes, okay. So I don't think we have time for that but just thinking about benefits of human-centered design, I just wanna highlight that I think that if we, there is a ton of research that is already out there that has been developed over 20 years, super valuable and at the same time, some of those papers are actually not about AI but they can definitely inform how we approach AI-enabled platforms to make them more trustworthy and if users can trust them then adoption will be much easier and more safe even in spaces like education that definitely require more caution about everything related to AI. And I encourage you to take a look at this paper. It has a lot of useful recommendations and also just the Nielsen's recommendation about prompts is also, I think, super important to know just because prompts are difficult to write for anybody but for some people it's impossible. So yeah, thank you so much. We can... Thanks very much. I think we have time for, I can't read that far away. Three questions. Okay, we have time for three questions. Three minutes. Three minutes, one minute per question. So if you want to put your hand up and Anna will come around with the microphone. Thanks a lot. I have a question on the, let's say, forward looking. I see at the beginning that you weren't Nielsen certified in order to ask you, do you think that AI or the integrations in the system of interaction is going to change standard heuristics or an activity like information architecture for the design of user experience? For sure.  Yeah, thank you for the question. I think that it definitely will change the whole certification process and definitely the learning materials. Unfortunately, I got my certification before AI but at the same time I'm sure that, you know, based on what I know, some of the modules are updated as they were, for example, updated some point for mobile design that completely changed how we approach usability in many ways. But I don't think that we have enough data. Even this article that I referenced, Nielsen's article, he himself talks a little bit about how he doesn't have enough data to actually back this up except for percentage of literacy all over the globe. But I think that, you know, as we progress we get more data and then this becomes easier to certify based on more research backed, you know, information because certification by Nielsen Arm Group are all research backed, usability research backed, it's very important, I think. Thank you.


Let's do this. Yes, Vicky Amigos de los Animales Beardies here how the heck did that happen? Hello if you guys an energy hog. Hey Dan fam hit the likes Yeah, Julian's right all the banks that was happening so fast because it's slowly then suddenly And here we are right so like I mean everybody's so everybody asked me like Well, where should I put my my money? I mean nothing safe. Let's be honest I mean crypto is pretty volatile, but you know what's great about crypto I think this is the big thing and when I screwed up in the beginning, which is self-custody Self-custody is so important.  Well, you can't pay your bills What happens when you can't pay your bills and? You know, I had to work with the ledger company the water company your mortgage your bank It's just a big cycle the only good thing the only good thing that happens about this is people can understand a little more about why They should probably Diversify a little bit in the crypto and digital asset because you say they can say oh, well, that's so risky Oh, really? It's risky FTX and SPF is risky.  Let's see even risky to keep on actually yeah, even fiat rescue human exactly Just wanting who masterworks banks with I don't know I don't know for sure. That's what's great masterworks, I Mean the bigger question would be you know how safe are those paintings? That's the bigger thing which we actually there is a playlist and I had Scott Lynn on and he answered those questions Also, there's a great video for from upper echelon gaming Which takes a look at if masterworks is a scam and he really goes hard. It's a good one I linked that in the description. I mean in the playlist as well and the the playlist is in the description Let's see Bank of America. I don't know if that's gonna fall Snowman says the Fed has planned closed door meetings monthly. Yeah, but I don't know if it was For that Monday, you know, was it just a coincidence that perhaps I'm not for sure But it would seem like this would be the case for an emergency meeting if you're gonna do one Memes got a good point Remember what we talked about? Well, I said this before in the chats before we got going for For every catastrophe there is an opportunity The people that I know that got the richest ever were the ones that Just waited for the collapse of the housing market in 2008 2009 and they picked up houses condos duplexes Apartment complexes for pennies in the dollar pennies in the dollar, you know who else did a really good job with that was Dave Ramsey He talks about how he was just getting offers left and right from banks because they couldn't keep on the balance sheet So the same thing here memes says the tons of startups affected by the collapse because you know They are becoming they are becoming illiquid because of There's just no liquidity right now. They'll get it back. But who knows when Mark Cuban is salivating over the chance to pick up some bargains in these startups And you know when ben from one of the cryptivores says cash is king. He's right If you can keep it on and you're not in a bank that's that's shut down with trolls But he's right if you could just keep your hands on fiat You're doing pretty good If so if you can get out of it That is a weird time, isn't it? It's crazy. It's crazy. It's exciting. This is good times Ah, yeah, I suppose I got six figures on Celsius too. It's not how much you make it's how much you keep Hey, that's okay in the long run. We'll be just fine I know it Well, I got a good I'm not a hundred percent on everything but right Yeah, exactly. Bill Ackman has his short positions in Out of this they can't trust that guy He says Harry Dent is also calling for bitcoin to go sub 5 000 At which point he says you will back up the truck. You know what gear the soloway said that he thinks that the worst case scenario Is 3500 or something like that? I don't see that happening But look, I thought the bitcoin's going 150k and I was wrong on that one.  Yeah Yeah, seven four four eight than celsius.  Yeah, I lied right to my face. It's true But I remember people saying robby should take a loan for your crypto on celsius and then buy more crypto I was like that sounds ridiculously dumb And uh didn't work out for some people. Sorry. I didn't I actually rolled into this house I was able to pay the house off. So yeah, they kept a lot of my a lot of my uh Ethereum a lot But uh, I mean hey, I got a house out of it. So worked out. I mean it's still an asset assets or assets It's not bad. I'm down 2,722.7 thousand in usdc I know some other people are down big time on on uh usdc, but I gotta tell you some people are like some people They were buying usdc up at 91 cents 90 cents and now they're You know, wherever they're selling it Maybe that's in the finance futures. They're like, hey now. It's at uh, 96 almost 96 97 cents Sherry Lebanck says my employees didn't get paid on friday. Holy smokes We are only a small business. This is see this is the thing. I'm talking about This is what causes panic. This is what causes angst and problems And this is why cash is can you even hold on to it? I gotta tell you I'm not gonna sit here all high and mighty and say that I've got 30 banks all up to 250 000 I don't and this is a great lesson to spread things around Because those banks or those companies that had like which one uh roku had millions in there 10 or 80 000 is it? So that's why That's why Jim Bianco said we should do it unlimited. Can I do that? I don't know Sounds interesting I feel bad for the small businesses. We're all small businesses, right? Yeah, shoot Just thinking about some things I need to make some moves But yeah, see like even me. I'm just thinking right now. How much money should I take out? I got to take a lot bank runs on monday. Bitcoin is running now This is true Digital woody says 16 7 bitcoin perhaps Are you a millionaire possibly? Uh, I'm just more happy that I'm healthy and my wife loves me and Kids and grandkids are safe. So That's really all I care about. I can pay my bills. That's the bigger. That's a big thing too Harry dent will be a reasonable person to have on the show as far as interviews go I got to meet him person first Doge is the next bitcoin Maybe Dip your eggs as look as back here as someone look You know The money that you have is it's not a big deal. I mean, I've made a lot a lot I've lost a lot what really matters and I'll always say this a thousand times Healthy people have a thousand wishes and a sick person only has one And it doesn't matter how much you have you'll never be happy as long as you can pay your bills And you don't feel the pressure. That's all that matters anything over a certain amount and there's been studies 75k a year in the united states is pretty much like the top out after that doesn't really happen This doesn't really go up too much so No, the only thing that makes me The happiness aspect is just you know Constant improvement improvement and trying to help those around you and improve those around you. That's the big thing Why did you have usdc instead of fiat? Good question So usdc like I have a Diversification pinwheel. I guess you can call it And this is mine per se see I'm here And this is how I Play things out as far as diversification And you can see that I have cash in multiple banks, which I need to spread around now I think about it 24 1% is in usdc And I said and there's a little x right there but it's tether because I'm always harping on tether Because I don't really know but hey jokes on me because who's uh, who has never lost their peg tether and usdc has So I just have it at 1% it's not even that much. It's just if I want to do some crazy gambling on some other crazy crypto exchange sites to get some innocuous Crypto that's out there because I want to do some degen play or something and that's about it 5% on degen 4% of masterworks 5% is land 35% is properties amazon business Which i'm going to sell actually 15% and staking 1% in ira and 5% in stocks and the rest is in crypto This is just outside of crypto what I have So yeah, I try to diversify and some people will say well, why do you why do you diversify, you know because That's where people don't know what they're doing. I'm like, well I mean you can you can concentrate to build wealth like Like charlie munger and warren buffett say but in my personal opinion Unless you really are locked in and knows that what you're doing Uh, you still Are opening yourself up to some serious damage. Look how look how How many people were so sure about luna was gonna be the next big thing You know And then just go into stock market and take your pick of how many people said this is the next greatest thing I put all my money into it I just I don't have that level of conviction It's because I don't know I'm I'm not that smart and I just know that I'll mess it up. So I got to diversify Ah Broncos got a good point by golden silver. I listened to uh, lin alden And uh, she was talking about I think it was on ben's channel and I think it was into the what bitcoin did And she said, you know It's all about time horizons and when you get into it She said, I'll she said I'll be honest I think that gold is going to have a nice little run coming up here commodity supercycle. So that could be a big one I know cto talks about uranium too. So I own gold. I own silver. I don't see why the golden silver bugs hate us so much I don't think they do. I just think there's just some whack job that Says you can only do big or uh, golden. That's it, but he's insane Yeah, that guy, you know, this guy is just loving this moment in time. Of course he is In the long run though The person who laughs last laughs best Oh, everybody's a celebrity here tom crown I don't know if you don't know tom crown You should follow him because I don't do any trading and that guy does a lot of it And that's what he's talking about. So just follow tom tom. You want to come back on the show? We'll talk about some things Maybe you can help these people with their trades Cool. All right Uh tarp 2.0 Ah This is a great question. He says rob. Do you think it's coincidental? The potential black swan is facing us exactly one year before next bitcoin having event And are you and you know what happens to bitcoin that you're looking up to having that? I gotta tell you I think it's just scary How the time frames are going I I look at i'm like this is just too damn perfect and what i'm talking about is this so like There was an inversion of trade of t-bills that the 10 and 2 and that happened on uh, june 2022 Which means if you have an inversion of the t-bills, Jesus, cry me christmas. Just tell I should just show you Look at this This this will get to you or his question So when you have an inversion for the 10 and 2 your treasury spreads Uh, this usually represents a recession incoming six to 24 months before the recession happens and this happened back in Oh, no, sorry july, excuse me july 2022 So that means that in july one year time frame july 2023 will be roughly a year and you can see it's still inversion It's still inverting I had a thought to myself. Well, that's interesting because if the recession happens Say in july And we are in the four-year cycles like we see right here And we've got oh, you know Everything starts with the halving 12 doesn't 13 all-time high 14 15 dip reset, right? Oh, okay, I'll do this way Same thing happened in 2016. You have a halving or nothing's really happening Then you get an all-time high dip reset 17 18 19 then in 2020 it happened again. You had a halving Right, it happens every four years. Then you had an all-time high 16 7 I always think it's 69,000. Maybe I'm wrong Then 2022 was just brutal and we had a drop off to 15 7 2023 who knows But again, if we have a recession starts in 2023, cool, great Or these black swan events and then, you know, we figured all out with the federal reserve and what they want to do And fdic insurance and banks failing great sort this nonsense out now Before we get into the halving because guess what happened over the halving in 2025 We got room to run Me personally, I'm like, is this really happening like this? It just seems like it's too Played out or too perfectly timed And again, how long do recessions last? Yeah, 10 to 14 months So with this and you can find these charts and everything else There's a link in the description And go from there. So Igor I think it's I don't think it's a coincidence. I think just things repeat And uh when people say this time is different sometimes it's just It's not different like people were telling me that you know in 2021 They're like, well, this is different things are going to go off to the moon in 2022 And I was like and I kind of fell into that narrative. I've been honest with you. I was like, maybe I'm wrong But it's didn't work out like that And yeah, so there we are I don't know How much bitcoin escaped the rat race great question really it comes down to I don't know if bitcoin's going to get everybody over that's where they want to be. It's the safest bet I think in the most unstable Volatile market, which is crypto and digital assets, but the question you have to ask yourself is Well, this is why I can't give a financial advice. It's not a financial advisor I don't know what what you want to do But if you're younger Maybe you say, well, maybe I want to take some more risks Maybe I want to get into this thing called ethereum Or dogecoin or a cardano Or avalanche or near or this new thing called flappy bird coming out Or whatever And you want to gamble a little bit. There's more of an upside. However, there's a heck of a lot more risks So I don't know for sure how much bitcoin to escape the rat race I think the real question is is how much diversification to escape the rat race. That's the bigger question That's a good point Darth Mike's got a good one if the if the banks all collapse due to over leverage And mismanagement. This is a massive opportunity for defi shows that humans are fallible whereas algorithms are king Yeah, but we got a We could actually do that We just have to get over the hump of the problems with the defi hacks and wormholes and things like that That is the bigger thing because people will say well Do I really want to go into this where everything's collapsing or do I want to go over here where everything's being hacked? Because let's be honest. How many how many bridge hacks have we had? We're not perfect. That's for sure I think there's a long way to go before that, but I do believe defi will do quite well Just time That's right That's that's also right I will be happy to lambo. I don't know why people like lambos.  I don't can't do that with a lambo.   So whatever It doesn't matter Is I trust capital say, you know So with me I haven't taken anything off the question that I have was for I trust because they have moved providers they got away from Not fire blocks.  They're debating But it's the one that actually oversees that but The thing is the bigger thing is this You know, I like with ftx. They co-mingled the funds and you know how like with the Celsius They pretty much has straight ripped you off allegedly So with this one at least in the terms of conditions, they say it's very specifically. We don't co-mingle funds So if they go down They let's say that the operating business goes down Then you just move custody providers and that's pretty much it so that's what they say and uh, but The thing I like about I trust first of all is that you can't put your entire Life saving into a Roth IRA from one to the other you're gonna say like well, I'm only got a Roth IRA That's one thing. What if you're building it right now? It's uh, it's you only put in $7,000 per year in America So for me, I just say like this. It's not so bad now For them for someone to go, you know what? I got everything in a Roth IRA. First of all, why did you do that? If you have everything in a Roth IRA and you want to say I just want to go right to I trust you like Do you really want to do that? Maybe you just start up another one. That's for me. So if you're looking for that That's what I specifically did and I still have Hmm Probably the latest news uk submit for silicon valley bank in the u.s. Considering bail bailing out silicon valley bank look Some people would say Well, the question is are they bailing out the bank? Are they are they bailing out the depositors the people that have deposited their money into the bank? Because like well, we just took a look at Which was this nonsense right here If you're talking about selling of the shares, well, no, they shouldn't be bailed out But the depositors the people that have their funds there. Yes, they all should be bailed out. Absolutely. I know like the uk is looking at Using their funds too, but it was an article that I saw. Let's see. I just let me I'll find it right here quicker That's from paul Cardinal paul uk uk to help for tech firms after silicon valley bank collapse and this is what it says The government says this is uk it's working at pace on a plan to prevent uk tech firms caught up in the collapse of silicon valley ah, maybe later From running out of cash treasury said I want to minimize damage some of our most promising companies in the ua That's the thing strategically where these funds are. This is these are all growth companies and if you can't pay Your employees Or you can't pay the overhead or you can't pay to innovate. Where are you going to go? You're going to collapse and that's a big problem So I think um, I applaud this decision. Hopefully it works out again. Should the insiders be bailed out? No, but the depositors should There you go Ah Gunnar does have a point We all know anything from 2008. That's what keep repeating the same mistakes I repeat the same mistake of Centralizing my crypto by keeping on celsius and voyager and those types of things When I got in all the bitcoin maxis told me, you know mount gox Uh, you shouldn't keep it on exchanges. I'm like whatever maxi.  So they just use different exchanges. So they'll never go under Who's laughing now? So what I'm trying to say is Is that mistakes are made and you only have learned through pain You have to learn from mistakes. They don't want it to be yours warm buffet. So just the same thing here Try to learn from the problems that you see in front of you and try to Avoid them as best you can but I know a lot of you won't and you'll have to go through it And you'll have to fail and just how it is Let's see Lynn is the best Robert say you're gonna sell your land now the amazon business. It's quite boring. It's profitable, but it's just Not something I want to do have done it for like Nine years now. So yeah And remember, uh, this show also will stop at some point When does it stop the plan is this show will stop And during the next bull run When I sell and there is a link as a matter of fact In the description It's called when and why i'm selling eight percent of my crypto And I use a lot of different indicators. One of those Looking to bitcoin. Another one is uh, ben's website into the crypto verse Which there's a link down here Ben's having a sale. So check that out But uh, yeah, once that bull run comes when I start selling I will step away from this channel and tell the bear market and the reason for that is Is because I need people to understand that it's super easy to buy But it's super hard to sell. I know some people do pros at selling But I think a lot of us miss the boat on that and um, I'm going to No, I'm again. I'm not selling all my crypto But I want to do is not have people just listen to me and And say well, you know rob still around so maybe I should hold on I want to make a point that at some point you should sell before the next bear market comes Just an example Yeah, that's right tom crown crypto youtube link Or just look at tom crown crypto Dippy eggs tom crown is great He is great Francisco Perez Nine bears on coke Ah Let's see It's a good question nimron says You show the CEO selling history. Do you have information about other CEOs of other banks? You know what if I was inclined to so much I might want to take a look at the different shares that are being sold by their banks because maybe you could tell Which one was going to Be collapsing next not collapsing. You know what I mean They uh run in the bank and see And dorth mike money the money money printers turn back on that's this is a conclusion a lot of people are saying They're like well look If this happens and there's a run in the banks, which there will be because of the psychology of people we've already felt Those problems with worn ukraine raising rates pending recession Fed doing whatever they're doing quantitative tightening And now of course you see that a bank has a run on it So what come belly? So people are going to say look I don't want to have that happen to my business I'm taking everything out and in these days. It's a lot easier to take money out of the bank than standing in line, right? So you can see that Now they're saying is what is what the fed will do is they're going to pivot And they're going to start turning on the printers If they start pivoting right now, I think that's a mistake And a lot of people some people will disagree some people will agree I just think that inflation will go up if they pivot too fast happened to vulgar Or actually happened to burns vulgar did kind of buddy. He corrected As far as the fed reserve And then other people say well now they're going to start quantitative easing because the liquidity is going out people are locking up their funds into t-bills at a At a rapid rate. I like to see the data on that because everybody I talked even me. I'm like you should do those So you're running on that then people say well, we need more liquidity. Let's start turning the printers maybe but if it does that then That'll be good for bitcoin. I'll tell you that. I don't know if it's going to be good for the economy, but Let's see. I think that's good Yeah, that's a good point Mr. Wolf they were laughing while ftx sells Houston voyager went bust Oh, people were laughing. I think people felt bad some people were evil and laughing at us But I think the most part people would have felt bad like people got screwed over And now I think we should be doing the same for those poor people who aren't traditional finance and they realize wait Not everything's safe So how do I do this go to another bank? Hold on if I do another bank they could also Become insolvent is more run in the banks. So how do I self-custly? Well, if you just have you know what I think most people are like, here's what we're going to do First we're going to go get a nice fat mattress And the second thing is we're going to take all our cash out and fiat and stick it under that mattress Or maybe People say, you know what maybe I'll just stick into something Like a crypto or digital asset and diversify a little bit and then I can do custody on this thing called A ledger. Well, that's crazy a ledger. Well, how do I do that? This is website Called dan teaches crypto.com. It's free. It's 100 free and I show you exactly how to do it How to order and all that good stuff and then because bitcoin has finality for every transaction that you do It's instantane. Well, not instantaneous every 10 minutes. Like wow, that's pretty cool. I can shouldn't probably get into that That's what I would do Cash and king bitcoin is going you could be right I don't know man. If if more people took bitcoin it sure wouldn't would be although my The plumber that's working on our on our facility our sports facility took bitcoin So I'm pretty happy about that. It saved me a Nonsense problem with venmo or no zeal. Excuse me. All right guys. Well, I miss Like that's it Hold on. I know. I'm sorry. I missed a bunch Uh defy is dead. You as if you see usdc dies. Perhaps. I don't see usdc dying. I I expected to I expected to repig on monday and people will say ah, well, you know, there's a lot of A lot of people that will transfer it out and put into bitcoin. Okay But uh, you know again From what and I did the math wrong yesterday as everybody told me in the comment section so usdc had 3.3 out of 40 billion and that was locked into svb silicon valley bank And that would be like 8 8.2 8.4 forget what it was. I said 12 math was wrong but it's Not everything so I still do think that they'll be just fine And if they can essentially get 50 back instantaneously and wait for that with 50% they should be good Like me. I got 1% of usdc. I'm not going to transfer it out I don't think it's going to go to zero and if it does go zero. Well, guess what? It's only 1% not going to crush me Ah, thank you Bowdan grooves rob on time follow up and stay connected with you forever. Thanks Because I know we have a stake pool for cardano. Check this out Hey, robert age. Did your investing journey begin? I was old it was like in my 30s um It was uh, I was military first the medical And then I did a education website and that was in my 30s 30s. Yeah, and then uh Real estate lands facility sports facility and then uh Then finally crypto in 2017. So it can be done. It's just it's not like you got to start today. I mean if you're like To 16 years old 18, you know, you got to start like right now But it'd be better What was my choice? It was uh all an education platform So I did a I did a website where I helped nursing students and and medics passed their clinical exam That was the first thing I did And then went into a real estate actually then went into sports facility And then it was real estate. Well, no real estate in the sports facility then amazon crypto quite yeah What francisco is talking about here is a discussion that was that was had Uh between the powers that be which talks about a bailout versus a bail in and a bailout is where the government comes in Just like we saw in 2008 9 and 10 essentially and they bailed out the banks Because they were too big to fail with taxpayers money, but a bail in is a little bit different What they do is they use the money from the banks themselves to To make everything solvent yet again And they just start to pay themselves And they lock up the funds and they use that to bail themselves in over time I think and francisco correct me if i'm wrong here. You're able to get some type of equity in the bank itself In some way shape or form, but it takes a long time So that's a bail in versus a bail out and that's the things they're talking about Moving forward, but this is just this has actually been done actually Actually, actually but the question is will they keep doing it from everywhere else? That's a good question What is flappy the project you're taking time for so? I'm involved in a project where we bought the intellectual property for that stupid game flappy And we're going to take that from We're going to put it back on Android and ios the official one and we're going to launch in a web 3 Now we've been talking from everybody from file coin to scale and we just had a meeting with uh polygon And we'll decide which chain we go from next, but it's looking pretty good for polygon. I'll tell you that those guys I'm telling you we've met a lot of places and uh when we're talking with polygon. It was like look Here's Here's the first part Do you guys have the technicals? So what's a slide deck? Okay, we got that information. Here's your team looks really solid Here's your next step one two and three. You're going to talk to the tech They're going to talk to marketing you're going to talk to finance and we get through those steps Then we'll go the next part of the phase and it was just like Bing bing bing bing bing like they know exactly what they're doing There's a lot of confidence in the fact that I own a lot of polygon Hmm Yeah, it says why call your bank to transfer money out and that one's we just do the be the internet It depends Because on some internet platforms like in some banks you can like on some some one of my bank accounts I can do A lot online another bank account. I gotta actually call them And say I need to transfer this amount and if you're going to transfer out Let's just say for example You're going to transfer out a million dollars or two million or three million You can on some places if you haven't set up you can do that If you do that regularly, but if you don't the banks will be like, hey I want to make sure this is you and we want to you know have some safeguards in place Which I got to tell you is actually pretty smart So if you're moving a massive amounts of money, they will probably want you to call in and you can You can This great story which I linked in the description From alexander. That's exactly what happened to him Uh for this bank run in silicon valley bank. It's pretty good All right I'm learning from bubba's mistake in not investing crypto Buffett also look bubba the smart guy and he's going to miss a lot more opportunities than he's going to take Because that's what investors do but remember he also I remember this well, there's two things he also passed on google because he didn't understand it which I can I can get that but I remember I had uh scaramucci anthony scaramucci the mooch on the show one time and he told us a story About how he was sitting at a conference and jeff bezos was talking about this was like in the early 2000s And jeff bezos was was giving a presentation about his company and what it was and and he's and he was like ready to just Signed a dotted line because he's like that's a great company And warren buffett goes up to the podium and says thank you, mr. Bezos. That was very interesting that she said that he goes I gotta tell you that makes absolutely no sense. I don't see exit. I don't see how that company could ever thrive I will probably pass And scaramucci is like I could have bought this for pennies and you just scratch it off on his tablet Yeah, what are you gonna do these things happen They're gonna save from the banks true take profit lessons true Well, yeah quiz so like I'm gonna tell you when I'm gonna sell I'm gonna tell you The percentage I'm gonna sell I'm gonna tell you how I sold So but when I do that I'm like, uh, I've sold so now it's up to you so you won't see me as a reminder I'll be back in the bear market and that's it a lot of people do the exact opposite of what I do Usually like like youtubers, they'll like disappear during the bull during the bear market and then all of a sudden they'll come back It always happens. I'm gonna do the exact opposite I just want you guys to be To think about it Nobody everyone broke taking profits, right person go from tom crown yeah Aristotle says rob cherry picking famous people quotes is not good Millions believe what they say and they're not only works for individuals so many lose everything listening to be filled with hope And it's a good point and it's a point that like I remember There was a good one Warren Buffett says, you know, you shouldn't you shouldn't diversify You should concentrate Uh, you're a wealth because diversifications for people don't know what they're doing But the other part of that quote is he goes for the majority of people Diversification is actually smart and good because we know exactly what we're doing when we get into these companies We look at a lot of fundamentals TA company And we've got a dialed in but for other people they should diversify So like there's a there's an example of a quote that's uh gets chopped off and uh, Aristotle is correct If you're broke, you don't have to worry about banks We've all been broke sometime, baby Ah Bo dance is Rob thoughts on awaiting ripple statement involving svb collapse Don't know. I don't know if ripple banks with them or something Not for sure the bigger question is uh, what are they gonna? Settle on their case with the sec. I'd like them to win badly But every every day you always have the same thing.  It's going to conclude very soon. There's gonna be a Hearing there's gonna be everything's going to uh end It seems like it never ends Okay, so that's how does the only winner. I'm not for sure if that's true Tizen coin bank run is good for crypto long term Bell out is good for crypto bitcoin long term. The christen cracks are showing.  What's gonna happen is the feds gonna swoop in they're gonna try to save the day and um People are gonna forget that's usually what happens because people have the memory of a goldfish and I'm just i'm part of that problem too It's a good question juggernauts. It's a great question. Can banks do clawbacks? For everyone who was drew before svb goes bankrupt like voyager. It depends Because Bankruptcy is a little bit different when you have bankruptcy per se not insolvency or not if you're Being sued by the government when you have bankruptcies You are prone to clawbacks instead of especially insider clawbacks. We had Deb on she is part of the celsius legal team for urn and Some forms of custody and she said yeah, usually with with clawbacks retail it goes back 90 days But for insiders it goes back one or two years So in that case, yes, but for banks it's a little bit different The companies themselves because when the government swoops in and goes, okay, we're you know the Brawler the company not for sure banks themselves can say we are in chapter 11. I think that's the big issue that was with Celsius and voyager is that they acted like a bank, but they weren't a bank And of course since there was no concrete regulation because gary ginsler can't get off the couch They're like, well, we're gonna be chapter 11. We get to be protected and you know, so sorry suckers Yeah, it's pretty bad And with that I will leave you this bullish on ted lasso third season. I am too on apple plus. I love that show and uh season three finally comes out so i'm pumped And that's it.  It's a beautiful day Well in portorico. I don't know where you're at but get out of the house don't get too concerned about Um Deal with the things that you can and uh, let the other ones follow the way side But that's it for today.  We give it a like apparently that's really helpful youtube algorithm. They tell me Uh, also consider subscribing a lot of things we talk about are very time sensitive as you can rightfully tell That's it for today. Thanks so much for stopping by. I appreciate it and I'll see you guys on the next one Adios have a good one