go, go, go Hey guys, I'm hanging out to the one and only Klaudia. Hi Klaudia! Hi baby! How you doing mamam? Gaaah! You look amazing. Excited, I'm excited. I'm in a very good mood. What inspired this outfit? Kus na una masai masai apa, are you masai? Well this is just a touch of where I come from, but nothing actually inspired this look. I did not have- I had that look, then it is backfired. E, nilitengineza jano siku, nilikimbi akwatei na was like last minute less than 24 hours, actually less than 12 hours. I was like please fix up something for me and she managed. Oh wow, this is in under 12 hours. She looks amazing, wacha videografa wawa onyeshe hilukui ake. Did you feel the pressure to look good today? Oh my God, yes, every celebrity in Nairobi, every celebrity in Kenya is present. So yes, the pressure is a lot. It's a lot. Claudia you are nominated on the media category. How was that for you? You've been in the game for one year, one and a half? It's been one year in online and almost a year in mainstream. So close to two years, but it's growth, it's something and I'm so proud of myself because I mean I'm only 20 years. Yeah, you're only 20 years. Uko palew na wawa mainstream like Claudia you dance, don't just be posted the other day. Yeah, I did the rush challenge. Ay, you've got to get me sorry. Yeah. All right, you look so nice mama. Thank you. Tuna taga kuchu onapa lendani, congratulations on your nomination. Our nomination is a very big achievement. Yeah girl, it's a big achievement. And I get the opportunity to see big stars and network. That's the big deal. So what has been your secret to look this good? Your secret to look this good? Kula sana, but literally it was just nothing. Just be happy and be comfortable with who you are. I think na kwa na kiburi kia see, but it's because... Talking of kiburi, uluku membu kona kiburi wka se mawase, it's confidence ama udise mo kona kiburi. No actually, okay ni kona kiburi, but it works to my advantage, you get.  So if you come here like... Kula diya na na watu na kuja, in tools, couples, umekuja na nani? Wanjiku stiffens. Wanjiku? You know what I'm asking. Socializing. Oh guy, are you single? Are you married?  I'm not single. I'm not. I've never got a lie, I've never got a lie. A uko soko? Em, no. So guys, you need to follow this girl on her socials. She's blowing, she's the next big thing. And congratulation on your nomination, Klaudia. Thank you. Encouragement to Paletik Tok, zero views, two views under 24 hours. You know what, be consistent, have fun, enjoy what you do. Don't do it thinking about the money. Me, my best place, my happy place is at work. So do what you love, don't do things because oh people get money out of it. Yeah, I think about the monetary benefits but also do something that you enjoy and you have peace of mind while doing it, okay? All right guys, that was it from myself and Klaudia. Keep it as we am.


Hello, OscillatorSync here, and welcome back to another video where we're going to be talking about this very good friend here, the MIDI Hub from Blockhouse. So in a previous video, we took a look at the MIDI Hub and how we could use it to create a lovely generative ambient cloud of notes out of a single note, all through the magic of MIDI processing. So if you haven't already seen that video and you're not already familiar with MIDI Hub, I would recommend going back and taking a look at that video because in that video I introduce what MIDI Hub is and how the editor works, which is kind of where all of the magic of setting up a particular patch happens. And I'll be glossing over some of that in this video just so I don't repeat myself. And, you know, that first video was pretty fun as well. It's a quite nice patch that we come up with by the end of that. But what are we going to talk about today? So in that previous video, the patch that we made was kind of a static thing. You could influence what it was doing by playing in different notes. But we built a patch, we tweaked the parameters within the patch, and that was kind of it. You could play in the notes and it would do its thing. What you didn't really have in that patch was any control during the performance over how that patch would behave. So what I wanted to do in this video is demonstrate by way of building an arpeggiator patch how you can very, very easily add performance controls into the MIDI processing that MIDI Hub is doing. So we're going to be building a fully featured, and in fact some additional features that you don't tend to get on arpeggiators, a fully featured arpeggiator for anything, but in this case we're going to be using the monologue which doesn't have an arpeggiator. It's probably the one thing that it's really missing. And through that, because I think everyone's kind of familiar with an arpeggiator, I'll demonstrate how quick and easy it is to apply performance controls to the patches in MIDI Hub. So before we get on with actually building the patch in the editor, let's discuss the setup that we have out on the table today. So obviously we have the monologue, which is going to be our keyboard, but also obviously our synth that we're adding our arpeggiator to. In terms of the audio routing, we're coming out of the monologue into Polaro just so that we can have a bit of reverb so it's not too stark, and that's just going straight into the interface. So in terms of how the MIDI is routed for the monologue, we're coming out of the MIDI out on the monologue, and we're going into the first input, input A, on MIDI Hub, and then we're coming out of the first output on MIDI Hub. That's output A and going into the input on the monologue. To that end, so that we don't get crazy MIDI feedback, what I've done, if we play notes now, you'll see that the monologue isn't playing any sounds. In the global menu, I think it's on this one, maybe the second one here, we have a controller, it's just called on the monologue local SW off, it's often just called local off on other keyboards, and what this basically does is it disconnects the keyboard from the synth itself. It's still sending out MIDI, but it's not triggering the synth. The first thing that we'll do when we get to the editor is we'll sort of rebuild that connection by connecting the output to the input on MIDI Hub. So that's the way that monologue is set up at the moment, no sound when I play it, that will be fixed very shortly. The other thing I've got out on the desk is the BeatStep Pro, and I've got this in control mode at the moment, which means that I basically have across the top here 16 knobs which send out MIDI CC commands. I'm going to use these knobs to provide real time control over the arpeggiator that we build in the MIDI Hub editor. It's not going to be triggering any sounds, it could do if we set up the routing, but for now all we're doing here is just making use of this nice row of knobs. It was the most convenient thing that I could think of that had a bunch of assignable CC knobs. I don't know what the CC numbers are currently, they're probably just the ones that come default from the factory honestly, but as long as they're all different then this will work, and any control surface that can send out MIDI CCs on knobs or faders, or even switches in a lot of cases for the stuff we're looking at would work perfectly well. It's just that this is what I've got. So here we are in the MIDI Hub editor. As I said at the slide video, I'm not going to go into the basics of how this works. I'm going to assume that you've watched that first video, but basically this is where we're able to set up the MIDI processing pipelines. So let's start by reconnecting the keyboard on the monologue to its synth, and all we need to do there is go from A and go straight out to A, and now if I lean over and play the monologue, the keyboard is reconnected to the synth, which is a very good start. So how do you create an arpeggiator in the MIDI Hub? Well, it's very, very simple because there is literally an arpeggiator pipe here. So if we stick our arpeggiator pipe between our input and our output, that means that the MIDI is going to come in here. It's going to get processed by the arpeggiator, and it's going to head out to A. So if I now lean over and play a chord, because the monologues keyboard does actually output polyphonic MIDI, even though it's only a monitor, if I lean over, we have an arpeggiator. So that's as simple as it is if you want to just add a basic arpeggiator to a synth, you can just stick the arpeggiator in between it's in and out, and you disconnect the local connection on the synth jobs A. But let's actually add a couple of other features here. Let's start by adding a speed control to the arpeggiator, shall we? So if we look on the right here where we have our various properties, we can see that we have a time division control here. And if we want to assign a control to the time division, it is as simple as clicking on the map button, and now it's waiting for you to send a note or CC message. So if I just lean over and turn the knob on my Beatstep Pro, that's it. That's all that needs to happen. Now that knob is mapped to the time division. So if I play a chord and twist that knob, we have control over that parameter. And that's basically how we then build our real time performance controls over any of the pipeline here. So I think probably another obvious control that we would want to add here is the octave range. At the moment we're just doing a single octave, so let's click map and we'll twist the second knob. And you can see in the interface here as I turn the knob, it's going to change this. So now if I play a chord and twist that second knob, great stuff. Now, this video isn't just about these real time controls, although we're going to be making use of them throughout. I do want to create an arpeggiator patch that's actually useful. So one of the things that I'm lacking at the moment, or rather that's frustrating me at the moment, is that I have to keep leaning over and playing a chord. It's not latching. So let's add a latch feature to our arpeggiator. And luckily, there is basically a straight up latch control, which is called the sustain pipe here. So we want to put this before our arpeggiator because we want the MIDI notes that I've played on the keyboard to be the ones that have been sustained. So if I bring in the sustain here and pop it before our arpeggiator at the moment, sustain is turned off. But if we turn it on, the other thing that I will do is I'll switch the mode over to chord. So what this means is that if all is turned on, then every time I play a note, it's added to a sustained chord and it will just build up that chord more and more and more. Now that can be really, really useful if sustain on is controlled by a pedal, for example, obviously. But if it's not, then the chord mode basically means that every time you play a chord, those notes replace what's been sustained. So we can have this type of interaction. And now I don't have to keep leaning over to play notes as I'm exploring building this patch. However, I may want to be able to turn this off. So why not map the sustain to another knob? So now if I turn knob 15 down, it's going to turn the sustain control off. And when I turn it back up, it will turn it back on. So I now have basically a latch control for my arpeggiator. Lovely stuff. Now we can go on adding additional controls into the arpeggiator. I guess the obvious one might be a control over the type here. I should add, instantly, if you want to see what is currently mapped to a control, we can use this dropdown here and it will tell you which input to what channel and what CC number. And we can click un-map if we want to remove that mapping. So we can add the type and so on, but let's add some more interesting functionality to our arpeggiator that sort of elevates it above what you might expect to see just as a built-in arpeggiator on a synth. So the first thing I think would be a really interesting thing to add here would be a chance. And what the chance does is it will want after the arpeggiator, it's acting on the notes coming out of the arpeggiator. What it will do is it will allow us to decide what the likelihood of a note being played is. So this will essentially drop notes based on a probability. Now the way this is set up, you can either have it working on a time division or per note. I want to do this on a per note basis, so I'm going to put the time chance up to 100 here. And now if I lean over and I'll latch a chord, you can hear that not every note from our arpeggiator is coming through. And that's a really lovely thing, I think, because our arpeggiator starts to take on obviously a less repetitive feel, but also starts to think like it's generating melodies in a way, depending on what notes you play in, of course. Now obviously chance here, if I lower this, then it's going to let fewer notes through. And if I raise it, then we'll get most of the notes through. This, I would say, is an obvious candidate for control. So let's hit map and use that third knob. And now we can turn down the chance of a note being played within the arpeggiator with that knob there, which is a lovely thing, I think. So what else do I think would be an interesting thing to add into an arpeggiator that would elevate it maybe beyond a standard arpeggiator? So how about bringing some randomness into the notes that are being played? So we can put this anywhere after the up. It doesn't really matter whether it's before or after chance, so I'll put it after. Oh, before even. Come on. Okay, so here we have a way of bringing randomness into the notes that are being played. So one thing I think would be really interesting in order to make this arpeggiator more flowing is to bring in some velocity variation. The patch that I've got on the monologue is respondent to velocity. So let's maybe say our velocity can be swung up and down by 40 either way. And that in tandem with the chance that we've got here is really making the arpeggiator feel alive. I like that a lot. Now in terms of how we might control this, I guess we would probably want to just bypass it on a control, maybe. Or we could change the positive and negative swing. Either of those would work. I haven't think about which one I think would work best, but let's put in another bit of randomness that I think would be quite attractive. So one of the other random aspects that you're allowed to control here with the random here is the pitch of the note which can be shifted automatically in octaves. And that sounds like that could create some really interesting stuff. So let's try that. Let's be able to go up. I think that's rather cool. And we have that control over the time and over the chance. And of course if we set those other controls to their baseline then we just carry on getting a standard arpeggiator. OK, so I think that's a rather interesting arpeggiator patch here. And we could do other things. Putting ratchets in might be interesting. But I think for now the one last thing that we need to do is make this bypassable. There are a couple of different ways we can approach this. If this was a very complex set of MIDI processing, we probably want to make use of the virtual ports to segregate this off. But since it's only like five different pipes here, I suspect the quickest and easiest way for us to bypass this is to just map the bypass on every single one of these modules to the same control. Click map. So now on that final knob on the BeatStep Pro, I now have a bypass control for this behavior. So at the moment with the knob turned high, I wish you could invert these mappings so they went the other way. But as it happens, actually you probably can with another pipe, can you? Anyway, as it happens with the knob turned high, this arpeggiator behavior will be turned off. But we still have the connection from the input to the output. And then if I turn the knob down, we have our pretty randomised arpeggiator with chance, velocity randomisation and octave randomisation. Filling in a gap on the monologue, which inspires all sorts of new uses for it, I think. Lovely stuff. So anyway, I hope that was interesting and useful. If you did enjoy that, then as always, if you liked the video, make sure you subscribe to the channel, all that good stuff. Also, if you look in the description of the video, blockers have been very kind and provided an affiliate link for the MIDI hub. So if you're thinking about getting a MIDI hub, if you use the link in the description, a portion of the sale comes back to support the channel so that I can buy other stuff to show off, I guess. Or, you know, just support your local Gear Shop as well. I'm sure they will appreciate that. Otherwise, until next time, thank you so much for joining me. As always, take care. Bye-bye. Thank you.


Thank you. It's a real pleasure to be here at the culmination of this program. Stuart very nicely laid out the fact that robots as we use them today are extremely difficult to use. If we look back at where we were at the start of this program, we saw two things. First of all, we saw robots that were capable of moving around the world but really could only do that one thing. They relied very heavily on metric representations and really couldn't do anything else except get from point A to point B. And there is more to life, more complex missions and getting from point A to point B. And they required a huge amount of oversight, supervision. This figure on the right is taken from a recent article in WIRED that talked about the hazards of distracted war fighters. And the problem of deploying unmanned systems is the amount of manpower, amount of labor required to actually operate these systems. And so the challenge of this project that we've really wrapped our arms around in this program is how do we make these robots smarter? How do we make them understand the world around them a lot better? How do we make them easier for people to work with as teammates rather than as tools that require constant supervision? So there are two major areas that we've invested tremendous amount of time and effort in. One is how do we accomplish this natural teaming? How do we develop robots that are able to follow instructions, able to report to human partners, and that really have a shared representation that matches how humans understand the world? That research question of how do we develop representations that are actually operational for robots that are out in the field of working with humans has been a major driving force of this program. And the second is how do we actually get to higher level reasoning and autonomy? How do we create more complex plans? How do we actually use the complex perception that Marshall talks nicely about? How do we actually bring the manipulation planning that Sid talks nicely about into a higher level autonomy system that's capable of executing more complex missions? And again it's a question of representation. One of the challenges is like people really think about the world in a very different way. I don't think any of us would have trouble using the very cartoon sketch of some military installation to actually navigate around even though we understand that those buildings look nothing like the buildings that we'll see and there's lack of fidelity to scale etc. Robots just don't think about the world this way. They didn't think about the world this way. They really think about very artificial point clouds and things like this. And if you take a map that a robot builds and use it to try to navigate around it's very very easy to get confused. This is one of the things that's really held back robotics over the years. One of the insights of this program has been to actually notice that how people communicate tells us a lot about how they actually think about the world. And if you can bring natural language understanding into the robot representation then you may get a lot of the things that we're looking for. So this video here shows a human giving an instruction to a robotic forklift. The robots never seen the sentence before. Put the tire pallet on the truck. It has an understanding of what it means to be a tire pallet. It understands what it means to be on the truck. It has an understanding of what it means to put things on the truck. But unlike previous systems that had this capability, this system is robust to tremendous variability in the sentence structure. It's never seen that sentence before. There's no hand coding at all in terms of actually giving the robot this ability. This is the kind of situation where you could imagine a robot operating in a Ford supply area interacting with a human team that's to bring in supplies, deploying them, et cetera. How did we do this? One of the things that we've been able to show is that you can get very rich symbolic representations of the world that in many respects look like traditional artificial intelligence logical representations, but they're informed by data. And this required new mathematical representations that actually corresponded to the kinds of problems that we're seeing in the field. Collect large amounts of data and we can get tremendously good representations, tremendously good execution of complex missions. But also part and parcel of this is making sure that the representations that we learn match what cognitive psychologists tell us about these problems and these models. So a real success of this program has been to work with Professor Florent Jensen's team and also Dr. Daniel Barber's team to actually build cognitively informed models that can then be instantiated with data that allow us to actually make sure that we're not just driven by data, but also driven by what the psychology tells us about this. And this has been a huge success of this program is to build these models that we can then put into the interfaces that allow this human teammate to very quickly understand what the robot is saying and then interact with the robot. Another challenge, of course, is the robot has to have an understanding of the world that is not just driven by what it can see about the world, but also understand how the world works. This required us to build new theories of fusing data from the physics of the world, interacting with the world, as well as what the language was telling us from the human teammate and also what the perception system. So you have this highly capable robot here that has tremendous information signals about how things move, how to pick things up. How do you build that into your understanding? When a human tells you the case is on the right is heavy, pick up the heavy case, the robot needs to know how to fuse its understanding of cases with its understanding of what it means to be heavy with its understanding of what it means to pick up. This gives us the capability, for instance, a human operator on the left is able to say things like clear the debris. The robot has learned what it means to be debris and has learned what it means to clear. And if I let the video on the right play, you see that the robot is driven up to that object has understood what that means. What debris, of course, is a foreign object that is occluding the path of the robot. The robot understands what that means is able to move it out of the way, for instance, to let the warfighter move through. That's the capability that we now have that allows the human teammates to go off and do something else while the robot is basically getting things out of the way. So this is what we mean by complex missions that involve bringing together this human team and instructions, the kind of manipulation planning that since team has given us the perception that Marshalls and the other perception people have given us to really advance the capability and make these robots much smarter than they were before. It also allows us to actually recover from errors. So Stuart talked a lot about robustness. What happens if the human teammate says pick up something that's supposed to be heavy but isn't? And the robot can actually investigate the world. You see here this video, the robot would actually, when given an inconsistent instruction with what it's told about the world, it's able to actually explore the world, pick up the different cases and figure out what the right thing is supposed to be. So what we've seen is new mathematical theories here. This video here is from Professor Tom Howard's group at the University of Rochester. He and his students collaborate with some of my people have shown that we actually can build these kinds of robust natural language understanding systems that allow us to recover not only from perception errors but also from when the human operator themselves makes a mistake in the instruction that they give. And then of course, there's a problem of how do we get out of the lab and out into much longer distance, much longer missions. So this is an example from a recent evaluation where the robot was doing a reconnaissance mission over a series of checkpoints that the human operator had asked the robot to actually explore. And this requires the robot to actually understand what it means to navigate through the world through parts of the world it hasn't even seen yet. That's the kind of capability that we've never had before where you can tell the robot about the world, it builds its own internal representation that of course in no way actually metrically resembles what is actually out there. And then go and figure out how to reconcile what it's seeing about the world. Again, we see the very artificial perception map on the right, then being fused within human instructions. But of course, this is just a reconnaissance mission, it's just using the vision. Can we actually put all the pieces together? This is an example where the robot's told to clear a road. The robot is just told to clear the road. It knows what are the things that it can move, what are the things that it can't move. It knows their barrels are in the way. It's able to drive up to the barrels. It's able to investigate which of the barrels is going to be able to move and push out of the way and which are the ones that it can't. There's no human supervision at this point. Of course, this is an experiment. We have the graduate students and postdocs overseeing the software. But what we, what the robot is doing is making all the decisions itself about how to follow these instructions, about how to move the barrels out of the way, how to actually meet the higher level needs of the, of the system or the mission. So we had this need for new models that allow the natural teaming. And we have them now and you'll see the demo this afternoon that allows the robot to actually follow instructions and execute these complex missions. And we have new models for actually planning at a high level over a very long length and time scales. Over complex interactions, not just with human teammates, but complex interactions with objects in the world that are not specified ahead of time by the human operator, but represent constraints on what the robot can do and represents constraints on what the mission requirements are. So thank you very much.


So I apologize for coming to you in such a strange way.  I hope that's okay I'm gonna try to tweet out to you get your approval for this before this video goes live But I know you're a busy guy. Maybe you won't get it at whatever But I do want to let you know that you know this I'm Only doing this because I was on your live stream and you know, it's my likeness and stuff You got a problem with it's DM me. I'll take it down. No problem. Anyway, um, link to his stuff down below He's a streamer. He used to do some Kind of gaming stuff used to do like glitches and stuff like that But he moved from that to doing live streaming. He basically live streams his entire life and it's freaking awesome I've been following him for like a year and a half or so even before all the live streaming stuff So really cool for me to be able to meet him and and all this I gave him a shirt But you'll see that here in a bit. Anyway, let's go ahead and cut to it No, I don't care if you do it, that's fine. Just be funny when you do it I'll have it. I'll have something to say.   It's not funny I know that's my thing, right? So, um, I'll say I'll say yo, it's a live stream. Yeah You'll follow me. Hi. I got you. Yeah, for sure. You're going buddy for sure You do industry paths. Um, I work for MCM freedom We're an MCM here on YouTube and you know, we work with primarily smaller creators but we're here this year to get a lot more For Connections so that we can serve our partners better and all that stuff. Hell. Yeah, dude. High five. That's awesome, bro Hello, how long you've been watching for? A little bit before last year's VidCon.  That's awesome. How you doing? I think my son was telling me about you. My son's a huge fan. Oh nice. Hell yeah, dude And you're in the same thing. I like L.A. I'm sorry. Life in L.A. is good. I just wanna know. L.A. is nice.  Nice to meet you guys. Nice to meet you.  It's a lab with Andy Milanakis, dude. I've done that plenty of times. I'm sorry, I'm sorry.  I do sometimes, yeah. Look who it is. How's your Twitter doing?  This is called Uber, dude. It's gonna be way faster.  Uber was coming in like two seconds. I am a medium You got a free shirt. I only got like two shirts, homie. I could use some free shirts. What kind of shirt are these? I'll have funny sayings on them. Like, I play video games and get paid. What do you do? But I don't do that. But you know what, then that's not the shirt for you. They also have sayings like official, quote, new media, unquote, correspondent. What does that mean? Super cool. New media. YouTube.  None of that fake news. Oh, okay, like, okay, okay. What else do you have? I've got one here that says YouTube are seeking subscribers. That's the one. That's the one. Ashley, let's do it here. Hold the camera. Hold the camera. It's a large. It's not a medium. That's fine with me. Let me just throw this lovely shirt on right now.  Hold it. Hold it. We just grab this as well. One sec.  Yeah, that happens, dude. Why are you giving out free shirts? Well, I'm supposed to be giving them out and tomorrow's the last day. I want to see them on people more or less. You guys make these shirts? Yeah. That's the arm hole. There you go. I've been in the wrong hole. What's up?  Homie, what's up? What's up? Oh, yeah, for sure. I can use some subs. What's up? Awesome, bro. Appreciate it.  Instagram.  What else do you have? Um, this one looks like an old-timey TV set. It says the same thing. Do you have one, sir? Can I have that one? That one is sadly large. Do you have a medium like anything? Um, you know, I think this is about my last year. I know. To be honest, I don't know. I'm going to get laid wearing this shirt.  You can seek more subscribers? That's like saying I'm seeking money. It doesn't mean you're broke. It just means you want more. Yeah, but the girls don't know that. They're dumb. Not all of them, but the ones that are trying to, you know... I am not falling for that bait, man. What do you mean? Because there's nothing I can say right now without getting in trouble. Oh, yeah, I forgot. You own a company. So you have to watch what you say.  I guess I get demonetized, but... Bug it. At what point? Fullersen. Yeah, in this climate, what does monetization even mean? Hell, yeah, it's not even worth it, dude. I just get donations. Hell, yeah, you're looking good. What kind of company do you have? We're an MCN. We talked to you the other day. We help smaller YouTubers get more subscribers. We also teach them stuff about how to further monetize their channels so that the adpocalypse and whatnot doesn't affect them so much. That's a good way to put it, adpocalypse. Yeah. What do you think about my shirt right here? This is my shirt that I sold. Hold on a minute. Let me inside out it. Here, I'll molest it so you don't have to. What do you think about it? It's a CX T-shirt. Oh, I like that. Would you buy that? What's the price? $20. I'll be honest. I love the design. I would buy the design. I personally prefer a little thicker material, though. That's me. You don't want it tight? Look at me. I have man boobs. No, you don't. Don't let anybody tell you that. Okay, you look good. You're looking mad good, homie.  Well, I mean, if you want me to, I can. I go every way possible. It depends. Do you stream that, too, or...? I mean, not typically, but if I can, if you want me to. Is there a different website? I mean, as long as there's no... I'm going to... Once upon a time, about five years ago, I applied for chatterbait. They actually rejected me. I sent my ID into chatterbait, everything, and they were projecting me. Why? I don't know. I tried. If my people are watching, they know about that. As a customer or as...  I was in college. I was like, man, I'm eating like $10 a month budget. I was like, hell, yeah, sign me up. I sent them my ID for verification, and they're like, I'm sorry. We're looking for other people. I can't get a job.  What were you trying to do, like masturbate or something?  It's not really my thing, but hey, you know, I was new, I guess, kind of at the time, right? I mean, I was kind of like...  If the CEO's watching, man, you got me all twisted, buddy. Hey, man, if it's still in your archives or whatever, hey, maybe someday, but I'm kind of...  Me, too. All right, Uber's coming this way over here. Yeah, I know. Let's do it. Well, thank you, man. Appreciate it. Appreciate it. I love it. So that's the story of how I got to meet Ice Poseidon the first time, twice. Anyway, until next time, don't forget to like, subscribe, and do all those things that make us love our jobs. Also, it'll be awesome to yourself and amazing to each other. Also, be sure to check out his stuff down below. He's a really chill dude, really cool guy. Maybe a little bit on the mature side for some people, but still very much worth it. Anyway, bye.


about our crime and our great community here in Central Vermont. And then our involuntary photographer, Terry, is going to take our group photo to document this occasion. And then people are definitely welcome to go back to the shade and hang out. There's food over under the trees. Please stay as long as you want. Leave when you need to. Enjoy the food in the shade. Thank you all for showing up today to participate in the world's largest fundraising and community building event dedicated to perinatal mental health. Each year, for the past five years, Good Beginnings has organized a climb in Central Vermont, together with all of our wonderful partners in the Central Vermont Perinatal Mental Health Coalition. And this year is a milestone year. It's our fifth year hosting a climb here in Central Vermont. And it's the 10th anniversary of the Climb Worldwide. So yeah, let's give it up for all of us climbers. 10 years. And the climb is really about community. It's about finding your village. We climb to send a message to each other and to parents everywhere that you are not alone. And that can be such an important and life-changing message. It was important for me, 12 years ago, in my own first post-partum journey. And it's especially important this year, so important to the many parents who welcomed a child during these past socially distanced pandemic years. So to all of you pandemic parents, we're dedicating this year's climb to you. We see you. We are here for you. And you're not alone. You are part of an international community of tens of thousands of climbers in roughly 140 communities worldwide from right down the road in Grotland two weeks ago to as far away as Kenya and Greece. And you're part of an amazing village of support here in central Vermont. Like our sponsors, the wonderful folks at CVMC's Women's and Children's Unit and the Center for Breastfeeding, nurses at the Department of Health to share stories of hope and recovery and to make a strong, visible statement about the role of community in supporting families with babies. We see you. We are here for you. And you are not alone.


What's going on with the stock market? Is it bouncing back up? No, I think it's on the downturn right now. I think it's on a downturn. Like I said, I wouldn't be long anything in the market right now, not even close. And I should be playing puts personally, family should be playing puts, but I'm tired of it right now. The market will always be there, right? So if you feel tired, just pull up. There's good money to be had. There's good money to be had as long as you don't buy into the bullshit, right? Just follow the charts, realize which industries are on the verge of collapse, right? And there's a lot of them. Kyle, I should have bought cigar gold last year. I knew inflation was coming. I just didn't know it would be this crazy inflation. Yeah, and gold has gone down in the last six months or so, peaked around a little bit over 2000 right now. It's at 1850. So gold wasn't a better place to park your money. No, it's come down approximately the same as the Dow, right? So gold can't might shoot up, but I doubt it right now. Schlumberger stock is going up, right? It's gone from 30 to 50, around $48 right now, right? So it's gone up a fair chunk, right? Schlumberger is a company that makes equipment and is involved in exploration, mining, oil and all this jazz, right? Resources. So that is an indication that things are kicking up, but it's neither here nor there.


tudi, da jste pripravljali nekaj definitivni reskel in financijne stabilitve, ki se vse predstavili v komunitivnih političnih komunitih in akademijnih. Problima je, da vidim, da je tudi definitiva, is that it's difficult to... they don't boil down to a majorable, easy to communicate objective. At the moment we want to do macroprudential policy, i think it's necessary to come up somehow to a majorable objective. I understand it's much more difficult than in monetary policy polizi, ker inflatiočne, ja, kot, kot, nakel, so imelno opset triple, različne, tudi in začarno odstatчne odstapovne rizke možno bez vznečenčne in možno odstravo. Tya, ki ne500 neko naše, da imamo eveno in začarnomodne rečem, sem pravno s dedačak za dve ob allowed. Mešanjem tudi, ker v tega gl知道 svoji, Jer je pri.� zelo se borila, kako jaz se bilo, da ima inšten postupnje, kako jaz ima inšten postupnje, po kam je tko. Prišel je jaz inštena. To občatno so prišlo, da se bilo v poček, na korhe, barอ pa. Zelo se, da ja se budem, da se bilo, finančnjih zelo. Svetljamo včasno. Zelo, tega je izgleda k spetu, da je tudi taj vsakršel, S.J.G. F.S.R. In je to zelo, da je to vse priprvedal nečutnik na finančne stabilite, zato G.D.P. v zelo. Gdp. Srečaj, da vse predstavljajo, kaj je vse predstavljajo, gdp. 1, 2, 3, vse predstavljajo. Tako, na IMF, vse predstavljamo 0,4 vse predstavljamo vse predstavljamo. Vse predstavljamo finančne stabilite, finančne stabilite je fundacija for cyclical macro-medantial policy is to measure gdp at risk as a function of financial vulnerability. In the report we're proposing, we're showing two ways of doing it. One is a statistical way to basically model how the conditional density of gdp growth is moving and we can do that at different forecasting horizons and you can also use DSG models to generate conditional distribution or something we don't do in the report, but which central banks are doing is you can use a purely judgmental approach and say there are five scenarios and you put some probability weights in those scenarios. So I completely agree with you that I think we're to make cyclical macro-medantial policy a workable something workable you want to have some measurable objective that you can track and so my proposal would be to track gdp at risk. Thank you very much for a really interesting and so representation, I'm Francesco Matzafero and the head of the secretariat here at DSRB. Macro-medantial policy started 10 years ago being very strongly cyclical. Now there was then there was a phase in which people basically thought that's not function. It should be about accumulating resilience for several reasons we are not able to foresee the financial cycle and if I won't understand today you have been bringing us a very strong cyclical message which I find extremely interesting. Now I have three questions concerning the counter cyclical capital buffer which you have been mentioned. The first one do you think in terms of size? The size of capital which would be accumulated or could be released is sufficient to make the trick. The second question is sometimes people think banks would simply conserve capital because it's costly even if they get the policy information that you can release it. And the third point is we are in a world which is less and less bankocentric and we do not have cyclical instruments beyond banking. So what do you think about this? Yes. So all three questions are very relevant and interesting. So of course the world has changed in the past 10 years. Bank capital globally has increased tremendously. In the typical GSEP common some proxy for common tier one equity was somewhere between 4 and 5 percent 10 years ago in this today perhaps 9 or 10 percent so capital is substantially higher than it was 10 years ago. So that's the first order difference and it shifts so like the tail risk out quite a bit further. On top of that of course there are all kinds of additional buffers depending on the jurisdiction and the counter-signal capital buffer 2.5 percent on top of it. Now would that protect you against any kind of shock know 2.5 percent is a finite number but I think that say in the US case having 2.5 percent more would have made a tremendous difference in the fall of 2008 or the beginning of 2009 it would probably not have prevented this order leveraging but it would certainly have made it less necessary to recapitalize the banking system using tarp money in 2009. The other example is of course in Spain where there was the dynamic provisioning which was of the order of depending on the banks of a similar order as a counter-signal capital buffer and it was not sufficient to counteract the housing crisis as a whole but still differentially across the banks those that did accumulate the counter-signal capital provisioning buffer were cutting their credit provision less aggressively once the crisis hit so I do think it does make a difference but yes the calibration I think is a very important question. Now of course there are trade-offs bank capital is costly to some extent and they are both inter-temporal trade-offs and trade-offs across institutions so even counter-signal capital buffer might generate regulatory arbitrage into the shadow banking system or it might shift the temporal allocation of credit so I do believe even though we are now in a system with much higher equity in the core banks and with stress tests but much better regulatory and supervisor framework I still believe that variations in financial conditions are going to continue and those are going to have first order impacts on credit supply on credit availability and hands on market economic activity and so that's particularly important in the European context because of course monetary policy is set centrally and we might well be again in the case like Spain in the run up to the crisis where relative to the euro area monetary policy was set correctly but relative to one particular country it might have been much too easy or much too tight so that having these extra tools might be extremely extremely useful and powerful so thank you very much again I think it's time for lunch now


I love this time of the market cycle because everybody believes that once we start going up, that's it. It goes up forever. And we kind of lose sight about what potentially could happen. So what I want to do today is just bring a little bit of reality to kind of take a look at the risks that are out there and what could potentially happen. So this was a piece that was put out by CoinDesk. And it talks about how Bitcoin could retrace the 36K before the uptrend resumes from QCP Capital. And again, what I want to do is just to make sure that everybody understands the risks and they know what potentially could come. Because as we keep going up and up and up, it seems like we have a lot of the people who are just immune to this. They say, you know what, this will go up forever. So when we start to see like a pullback, I want you to be aware that, hey, this is not normal. So this is what we got. The January launch of a Bitcoin spot ETF is expected to face subdued demand initially, which could lead to a sell the news scenario. And we've talked about that on the channel quite a bit, because we know that once it gets approved, again, it's not a question of if it will be, it'll be when. But once that actually happens, you may see a little bit of a wall between the actual institutions and the people that actually want to buy it as their customers come in, because they're going to need a little time to actually talk to them and really say, hey, this is why it is this is why we want you to invest into it and move forward. Now, they're going to get early investors, obviously, but to get their horde or their most of the people, that's going to take some time. And they say it's likely that the actual demand of the Bitcoin spotting ETF at the start will fall short of market expectations. We expect topside resistance in the 45 to 48 region. And we expect a possible retracement to 36k levels before the uptrend resumes. So I'm going to ask you a question right now. Do you think can you hold it? Can you understand? Or can you feel like, okay, if it's at 44k now, and we go all the way back to 36, 35, 34k, would I be okay with that? Now, a lot of you right now are saying, yeah, because we've been going out for quite some time. But it's a little bit different, especially if you're new when you start to see those prices fall. And I'm just here to tell you that the short term does not matter. Keep your eye on the prize, which is the long term. So QCP writes that this is interesting that Ether is seen as a potential secondary investment option with an anticipated market shift from Bitcoin. They say that Ether might also be an interesting laggard play. This kind of headline excitement could create some speculative uplift for the ETH price, whether it is warranted or not. And I got to tell you, me as an Ethereum holder, I own a ton of different cryptos, but as an Ethereum holder, I don't care what it is, speculation or real-world utility. When the price goes up, that makes me happy. And hopefully it actually works out like that. But let me just think about that in the comment section. And now let's just shift gears real quick, because now that we understand the risks and we understand that the potentialities of what could actually happen. This was interesting, I thought. Most voters think U.S. presidential candidates should have an informed view on crypto, a new grayscale poll. Now, you have to take polls with a grain of salt, because it's not like they ask every single person in the nation what they think. It's just a small sample size. But there was one statistic down here that really blew me away. And it's going to show you why the people that do well are the ones that are not risk averse. So this is what we got. 73% of voters say U.S. presidential candidates should have an informed view on an innovative technology, including crypto, a new survey connected by the Harris poll. And of course, when you see that, like, oh, great, then we're all going to be pro-crypto. Not really. What it comes down to is this, 40% of investors say their future portfolio will have crypto in it. Younger voters, such as Gen Z millennials, own more crypto than equities. Not surprising. It's a lot easier, a lot faster. And younger people today, they're not opening accounts. It's a lot easier for them to open up a hot wallet, whether that be MetaMask or Titus or Phantom or something like that. And it's a lot easier for them to do that and swap things than to actually open up some kind of trading account. But this is what was interesting. 46%, roughly half of the voters surveyed, are waiting for additional policies before making the plunge into crypto. Now, right there, if that doesn't show you the kind of mentality that a lot of people have, it'll make you understand why it's you getting into crypto and investing into it certainly has risk, but there is a massive upside. Now, on this channel, it's not financial advice. I can't tell you what to do. I'm not your dad. But again, when you take a look at this, you can understand the mentality of people and they kind of just go, yeah, I got to wait for someone to tell me it's okay to do these things because I'm kind of nervous. Not going to make it. Anyhow, on that piece, also more good news, Ripple approved his virtual asset service provider by Central Bank of Ireland. And just real quick, the registration paves the way for Ripple to offer digital asset services across the European economic area under the MICA regulations. This is a great news because that means they can actually branch out into Europe. Markets and crypto asset regulation come into force at the end of 2024. Ripple General Counsel Stuart Alderotti previously said it could passport its European license to the rest of the 27 states in the block, which is of course, this is good because then Ripple can kind of branch out across Europe, offer these crypto services, whatever they may be, some kind of custody, some kind of service, whatever else it is. But when it says right here, it comes in a force at the end of 2024. This is a very long-term play. When I first read this, I'm like, this should be great for the price. And of course today, XRP is down almost a percentage point. Not that that's something to be made fun of. It's just that I think Ripple is playing the long game. So if you're an XRP holder, hey, may work out for you, just going to be a little bit longer. So I like where the direction of that and also I like the direction that NEAR is going. NEAR is also one of my holds. Everything I talk about on this channel, I hold. I hold XRP, I hold NEAR, I hold Arbitrum, I hold Bitcoin, I hold the whole host of things. So when I see these things, I'm like, great, this is good for my backs. And this is from NEAR Protocol. It says, give it some fuel. We're going to send this to orbit. And what they're doing is they're partnering up with Arbitrum, which is a Layer 2 solution for Ethereum. And Arbitrum orbit integrates NEAR DA, unlocking new opportunities for Ethereum roll-up developers. And it says, learn why right here. I thought this is great.  Well, DA is data availability. So the NEAR Foundation actually launched this data availability offer secure cost-effective for ETH roll-ups and Ethereum developers. This was just back in November 8th.  How many of you think are actually going to need data availability to actually store all the different data that they have? Do you think this could actually play into a part? And you understand why I actually invested in NEAR, and then you should take a look at that. Again, not financial advice through your own research, but there's a reason why I like NEAR. It's that. It's also, here's from one of the founders, Ilya. He said, today, NEAR Protocol is the number one and daily active users across all of Web3, super exciting to see. And he used Artemis, and you can see that NEAR Protocol, daily active addresses, 1.5 million. And in the three months, it's increased by 132%. It's just edged out Tron. And I know Tron, when I went to South Korea, essentially what everybody told me is that the reason why people use Tron so much is because they like to use Tether on the Tron rails because it's so cheap. I personally don't think it's that cheap or whatever. Then we got Binance Coin and then Solana, the darling of this cycle, I think, at $723,000, which is a 255% change. So that is big news. And again, NEAR, I think it's going to be a massive hit for Web3. If you take a look at DAP Radar for all the different top DAPs that are being used right now, Kai Ching and NEAR is always number one. It is the number one, and it's been like that for four or five months or so. Then we got Game of Fly, which is on scale. Another actually crypto that I actually own. It's a gasless chain for Web3. Pixels, my man, Kagu, who loves this game. Pixels on the Ronin Ronin. Ronin Change. Sweat Economy, again, not the one of my cryptos that I own. Some surprising, Rob mentions it. And it's also on NEAR. And number five, Jupiter Exchange. Again, one of my favorite exchanges right next to Orca for the Solana decentralized exchange or DEXes. And one I hadn't really thought of, I just realized this, Play Ember is also on NEAR. What's Play Ember? It's a Web3 gaming studio for mobile devices. And I got to be honest with you, the games are kind of ridiculous to me, but it's not about me. It's about the market. And they're making, they're rolling out a bunch, a ton of different games, and they're available right now. I'll link that in the description so you can actually check it out. But yeah, it's a bunch of free to play games and play to earn. And they're all goofy little games and maybe the next big thing. Yeah. Link in the description, you can check that out. Also, more good news. These guys got frozen. Three Arrows Capital, which was essentially one of the big reasons while we had such a hiccup in the last 2021 bull market, they were just asked to, or excuse me, order to, freeze one billion of their assets for Three Arrows Capital. This is from the liquidator to Naio. Here's what's going on. So the order, which is following Monday just went into effect, it bans co-founders Suzu and Kyle Davies, as well as Davies' wife, Kelly Chen, from Transferring or Selling Assets, amounting to 1.14 billion. First of all, why do these guys have access to this? This makes absolutely no sense to me. Why do they have those funds? Those are funds from Voyager, those are funds from FTX, those are funds from a different, a bunch of different exchanges. There is no reason they should have access to that because they bailed with it and essentially screwed all the people that really own those assets. It's amazing to me, but we'll adjust this moose law. Three Arrows Capital filed for bankruptcy in July 2022. The latest court action results in the ongoing efforts by liquidators to Naio to secure Three AC's assets, seek recoveries from the founders and Miss Chen, the wife, with respect to the collapse of Three AC and meet the firm's obligations to its various creditors. I got to tell you, I got to take my hat off to these guys because they're actually doing their job. So good job for the liquidators to actually do what they're supposed to do. So I'll see and I'm glad that it actually happened. On top of that, and don't forget, these guys aren't running free. There's a zoo. This is from October 6, 2023. And I had forgotten about this. To Naio, a liquidator with funds set in a statement on September 29, they received a committed order against zoo after he failed to cooperate with the firm's liquidation investigation, despite an earlier Singapore court order compelling to do so, the order set in zoo to four months in prison. I know it's not like 40 years, but hey, it's a step in the right direction. I'm glad this guy's in jail and hopefully it can all work out for the creditors. But I think this is a net positive and also positive as far as like wallets and what's going on. Trasor, which I didn't know they weren't doing this. They just add support for Solana and SBL tokens. SBL tokens are Solana program library, all the different tokens they have. I had no idea that they didn't offer that service until today. Amazing. So if you're a Trasor holder, I personally don't use it, but that's good for you. And then you can actually hold as much Solana and Bonk and Dogwood hat or whatever it is that can be in your portfolio. And that's great. Also, speaking of that's a cold storage wall, speaking of hot wallets. This is one that I use Phantom. Phantom wallet shows that Bitcoin no longer stagnant uncle. What they did is I'll just break this down. Phantom wallet, it is a wall that you can have in your browser, on your computer, on your phone, and it's pretty much Solana based. It also has Solana, it has Ethereum, it has Polygon, and now it integrated Bitcoin and Ordinals onto the wallet. I gotta tell you, it's one of my two that I love to use. The other one being Titus. And actually, I'm just gonna make this super simple. Let's just jump in my phone. I'm gonna show you what happened, how you can turn this on if you have Phantom and how this works, and also using DEXs. Okay, so here we are on my Phantom wallet. If you want to turn that function on, I just go to the upper left-hand corner for the cog, you click on Active Networks, and then it's right there. Again, Solana is on by default. It's a Solana wallet, really. But it's got everything for Ethereum and Polygon and Bitcoin. You click that on, you can send and receive Bitcoin, also everything with Ordinals. What I do like about this wallet as well is, first of all, you can have all your NFTs, stick them right there. And then also we see on that bottom middle, it's a little two arrows, you can swap everything. People always ask me, Rob, you're an American citizen, how did you get bonk? How did you do that? Well, it's very simple. So like over here, you can, I only have point, let me see, now I have 0.006. So I'm gonna take a look for, oh, there it is, bonk. And I can get 33,000 because bonk's not really worth too much. And then I can do this, and it just kind of goes off without a hitch. So that's how you do it right there. The problem I think with Phantom is that when we're taking a look at bonk, if I search for bonk, you can see there's a bunch of them, right? So bonk, bonk's missed, bonkers, bonkers, bonk cap, bonkzilla. I mean, you get the point. So what I always tell people to do is if you go and you go into CoinGecko, and you take a look at CoinGecko, or CoinMark, it doesn't matter. What you see right here, bonk, it says the contract address. So if you copy the contract address for bonk, and then what you want to do is you want to come over here, and you want to put this into the little search option right there.  So this is one of those things where like you can be sure the thing that you've got, the asset is the right one because of the contract address. Now watch this. I'm going to use Titus. And for Titus here, it's very simple. See what's got it, and this is why I like Titus. It has more functionality. It's very simple, very easy.  It's already built in already. So this is an upgrade. It's just someone already does. And then of course, you can have your NFTs, Lend and Borrow is right there. DeFi is pretty cool. And you click on swap for Solana. And it's going to say Jupiter. Great. So it's going to already integrate with Jupiter. Again, one of my favorite Dexes. And Sierra says pay Solana, which I only have 0.15. Receive, I'm going to click on that. And Sierra says right there, Token, name, address, or symbol. I'm going to paste that same thing in there. And oh, look at that. The right correct bonk is there. And I can do whatever I want to. So again, I'm going to link both of those wallets in there. I would suggest that you take a look at both of them, see which one actually works for you. I use both. But that is it for today. So look, if you like today's video, give it a thumbs up and start subscribing. Everything we talk about is time sensitive. Now, as time moves on, especially going into the having, we're going to start to see a massive acceleration. So get your information somewhere that you trust. That's it. So thanks so much for stopping by. I do appreciate you. And I'll see you on the next one.