1 00:00:05,919 --> 00:00:09,279 Hello, This is Matt with Start nine, and this is Gary Leland and 2 00:00:09,320 --> 00:00:14,080 you're listening to episode one forty one of the Crypto Cousins podcast. Feed your 3 00:00:14,119 --> 00:00:20,079 interest in bitcoin and cryptocurrencies by joining Hall of Fame podcaster Gary Leland on the 4 00:00:20,160 --> 00:00:25,239 Crypto Cousins podcast. And remember we are all cousins in the world of crypto. 5 00:00:26,879 --> 00:00:31,480 This week's price of bitcoin nine thousand, four hundred and forty four dollars. 6 00:00:31,480 --> 00:00:35,479 This down three hundred and thirty seven dollars a three point five percent over 7 00:00:35,479 --> 00:00:39,719 the last seven days. How how do you, howdy? Matt, Welcome 8 00:00:39,920 --> 00:00:42,399 to the show. I said that every week, how do Howdy, howdy 9 00:00:42,439 --> 00:00:45,159 and welcome to the show. I'm gonna have to come up with something new. 10 00:00:45,280 --> 00:00:47,640 How are you doing, dude, how how howdy? I'm doing good? 11 00:00:47,679 --> 00:00:50,119 Gary, how are you? It's good to see. It's nice to 12 00:00:50,159 --> 00:00:55,799 see you. We met at tone Vay's un Confiscatable conference in Vegas. You 13 00:00:55,799 --> 00:01:00,799 know, he barely got that in before everything got shut down. I think 14 00:01:00,799 --> 00:01:03,959 that had been three weeks later. He'd have been shut down one week one 15 00:01:04,000 --> 00:01:08,280 week later. It was already out at the time, but it hadn't quite 16 00:01:08,519 --> 00:01:14,680 hit the tipping point of fear. But the virus definitely was an issue during 17 00:01:14,760 --> 00:01:18,280 that conference, just not a big one. Yeah, I wasn't even thinking 18 00:01:18,319 --> 00:01:21,120 about it at that conference. I was seeing that it was and yeah, 19 00:01:21,120 --> 00:01:23,760 it's funny. My wife and I talked all the time because I was showing 20 00:01:23,760 --> 00:01:29,120 her posts on YouTube that I was seeing videos in China and stuff of this 21 00:01:29,159 --> 00:01:32,599 post. But I didn't even dawn on me that it would be coming over 22 00:01:32,680 --> 00:01:36,959 here, you know. I just knew it was happening and badly over there, 23 00:01:37,319 --> 00:01:38,439 you know, But I didn't even think about it because she keeps going. 24 00:01:38,439 --> 00:01:42,040 I can't believe we weren't any more prepared than that, not that I 25 00:01:42,120 --> 00:01:45,799 know how prepared we could have been. It was very disruptive, but yeah, 26 00:01:45,840 --> 00:01:49,519 we snuck that conference and right at the last second. So and you 27 00:01:49,640 --> 00:01:52,640 had a booth there for your Start nine. But before we get into start 28 00:01:52,760 --> 00:01:57,400 nine, howbould just give us a little background on yourself? So prior to 29 00:01:57,439 --> 00:02:01,920 Start nine, I was the CT at Salt Lending. Salt Lending is a 30 00:02:01,959 --> 00:02:08,199 cryptocurrency backed lending platform, so essentially a bank that will lend you Fiat currency 31 00:02:08,439 --> 00:02:15,560 while holding a cryptocurrency predominantly Bitcoin, as collateral. I joined that company just 32 00:02:15,759 --> 00:02:23,360 post their utility token Ico as their first developer hire, and from there hired 33 00:02:23,680 --> 00:02:27,719 Keegan McClelland, who is now one of my partners, whose then younger brother 34 00:02:27,759 --> 00:02:30,560 Adan McClelland came on to Salt, who's also now one of my partners, 35 00:02:30,879 --> 00:02:37,400 and together we built Salt's engineering stack along with many others. But you know, 36 00:02:37,479 --> 00:02:39,199 from an architectural standpoint, Keegan and I took care of a lot of 37 00:02:39,199 --> 00:02:43,599 that earlier work and Salt ended up with a very nice technological stack, and 38 00:02:43,639 --> 00:02:46,560 I think that they're doing plenty of loans these days as well. We later 39 00:02:46,560 --> 00:02:50,400 brought on Aaron Greenspan, who's also now one of my partners, so that 40 00:02:50,479 --> 00:02:53,960 rounds out the four of us, and he was working at Salt as well. 41 00:02:53,000 --> 00:02:57,560 Eventually all four of us moved on to do what we're doing now, 42 00:02:57,599 --> 00:03:01,680 which is Start nine. Prior to st I have experience in a variety of 43 00:03:01,719 --> 00:03:06,240 industries. Actually, I grew up in a bagel bakery doing wholesale bread and 44 00:03:06,280 --> 00:03:09,599 bagels, and then after that I was in plastics recycling. Founded a company 45 00:03:09,599 --> 00:03:15,360 in Colorado with my brother to do industrial plastics recycling, which I eventually moved 46 00:03:15,360 --> 00:03:19,479 on from and he has continued to do and is now the largest recycler plastics 47 00:03:19,520 --> 00:03:23,000 materials in the Mid Continent on a monthly basis. Does I think about a 48 00:03:23,000 --> 00:03:25,240 million pounds of plastics a month? This is shredding, grinding, melting. 49 00:03:25,280 --> 00:03:30,479 So my background is quite diversified, but only recently more in the detailed cryptography 50 00:03:30,520 --> 00:03:35,919 space. It sounds like you took a lot of the people who worked for 51 00:03:36,000 --> 00:03:39,560 you are with you from Salt with you when you yeah, I wouldn't say 52 00:03:39,560 --> 00:03:43,879 I took them with me. It's that we all moved on right Salt, 53 00:03:44,599 --> 00:03:47,000 you know, I was doing its thing and we had built some nice technology 54 00:03:47,039 --> 00:03:53,199 there and ultimately, you know, it wasn't for us, and you know, 55 00:03:53,199 --> 00:03:54,560 we were really wanting to do what we're doing now. You know, 56 00:03:54,680 --> 00:04:00,800 Salt is a centralized institution, right, It's essentially a bank, and while 57 00:04:00,800 --> 00:04:03,879 the technology the underpins it was very interesting to us, the idea of being 58 00:04:03,879 --> 00:04:08,719 a bank was not. We very much are in the business of, you 59 00:04:08,759 --> 00:04:15,439 know, fighting the banks and implementing a decentralized financial system and communications infrastructure. 60 00:04:15,639 --> 00:04:18,240 Well, you've come out with the Start nine, which is basically, well, 61 00:04:18,240 --> 00:04:20,879 I guess that's the company. Is the device called a start nine. 62 00:04:21,160 --> 00:04:25,480 No, the device is now called the Embassy Embassy. Yeah, I knew 63 00:04:25,519 --> 00:04:27,720 that. I knew I was calling it the wrong thing. When you bought 64 00:04:27,759 --> 00:04:30,240 it, it was called the S zero Personal Server, the zero being the 65 00:04:30,279 --> 00:04:35,240 prototype version, right, But no, we've rebranded where it's the Embassy and 66 00:04:35,279 --> 00:04:39,879 the Embassy runs our operating system, which we call Ambassador, right, and 67 00:04:40,040 --> 00:04:42,839 Ambassador lives in an embassy, So that made sense to us. And we 68 00:04:42,879 --> 00:04:46,680 think it's pretty cool. And it's basically a Raspberry pie. That's the Corman. 69 00:04:46,759 --> 00:04:51,399 I guess that's the board perhaps. Yeah, we um we're not particularly 70 00:04:51,480 --> 00:04:55,959 hardware people. I mean we're not. We're not dummies either. Our launch 71 00:04:56,000 --> 00:04:59,879 as a company has keep the hardware boring. Stupid hardware doesn't need you know, 72 00:05:00,000 --> 00:05:01,720 ovation right now. I mean I shouldn't say that hardware needs innovation, 73 00:05:01,759 --> 00:05:05,279 but we are not innovating and hardware right. We're trying to be as commoditized 74 00:05:05,519 --> 00:05:11,199 and boring on the hardware front as possible. Our value proposition comes in with 75 00:05:11,279 --> 00:05:17,040 Ambassador OS, our application offerings, and really mostly the way that we pull 76 00:05:17,079 --> 00:05:24,240 it all together into a seamless user experience. Right. We are bringing decentralized 77 00:05:24,279 --> 00:05:30,639 applications and platforms and protocols and technologies to the average person. Right, my 78 00:05:30,079 --> 00:05:34,600 mother is running an embassy that runs a bitcoin full node and cup's messenger, 79 00:05:34,720 --> 00:05:38,879 and she couldn't tell you what a command line is. Well, I'm writing 80 00:05:38,879 --> 00:05:41,240 all that, and I can't tell you what a command line hardly is either. 81 00:05:41,360 --> 00:05:44,639 So it works. Yeah, so it works. So tell us about 82 00:05:44,720 --> 00:05:47,920 the home concept of what we're doing here with the embassy, in the ambassador 83 00:05:47,959 --> 00:05:50,079 software and the cups. We've got a lot of stuff to go through here. 84 00:05:50,079 --> 00:05:53,879 Where do you want to start? Well, I could just do the 85 00:05:53,879 --> 00:05:57,360 embassy elevator pitch. Yeah, let's do that real quick. I've set up 86 00:05:57,439 --> 00:06:00,560 the Costa node, I've set up the hot No, this is the easiest 87 00:06:00,560 --> 00:06:02,920 thing I've said up yet, by far. I mean, not by a 88 00:06:02,959 --> 00:06:08,399 little bit, by a mile. I mean, I plugged it in it 89 00:06:08,560 --> 00:06:13,800 beat, I hooked it up to my router, downloaded an app on iTunes 90 00:06:14,240 --> 00:06:16,680 or on the app store, put in the number that was printed on the 91 00:06:16,680 --> 00:06:21,439 bottom of my embassy, and I updated the app, updated the embassy, 92 00:06:21,480 --> 00:06:24,519 and I was in business. I mean, this was the easiest thing, 93 00:06:24,560 --> 00:06:27,160 by far, I've ever said up. Yeah, that was our goal, 94 00:06:27,199 --> 00:06:30,439 that's our value. Proposition. Again, it's not the hardware. Some people 95 00:06:30,439 --> 00:06:31,519 see what we're selling and they go, oh, I could put a raspberry 96 00:06:31,560 --> 00:06:33,600 pie in a box and sell it too, And I said, you haven't 97 00:06:33,639 --> 00:06:39,079 really looked right. Eight months of four developers cranking on something, I mean, 98 00:06:39,199 --> 00:06:43,879 night and day and we're decent too, does not result in a Raspberry 99 00:06:43,879 --> 00:06:48,079 pie in a box. We built a computing platform, so the Embassy Elevator 100 00:06:48,120 --> 00:06:54,480 pitch right. So the Embassy is a plug in play personal server that is 101 00:06:54,480 --> 00:06:59,720 geared towards the non technical individual. What it does is you plug it into 102 00:06:59,720 --> 00:07:02,199 your all, you claim it, right, and this is a cryptographic key 103 00:07:02,240 --> 00:07:09,759 exchange process where your phone is locally spinning up cryptographic keypair in the form of 104 00:07:09,800 --> 00:07:12,439 a mnemonic phrase, just like you would a bitcoint wallet. Right, it's 105 00:07:12,439 --> 00:07:15,639 going to spit up twelve words. In fact, you could bring your own 106 00:07:15,759 --> 00:07:17,720 twelve words. Right. As long as you are BIP thirty nine compliant, 107 00:07:18,120 --> 00:07:23,199 you can bring your twenty four words seed phrase or twelve word seed phrase to 108 00:07:23,439 --> 00:07:27,720 our products. You don't need to trust us to even generate these seed phrases. 109 00:07:27,920 --> 00:07:30,600 But anyway, once you've generated this phrase, you can now claim your 110 00:07:30,600 --> 00:07:34,720 physical and the seed device over the local area network of your home, so 111 00:07:34,759 --> 00:07:39,160 the device plugs into your router. You can now discover it in the same 112 00:07:39,199 --> 00:07:43,399 way that you would discover a wireless printer and claim it. And by claiming 113 00:07:43,399 --> 00:07:46,120 it, you're registering a public key onto the device, private key words on 114 00:07:46,120 --> 00:07:49,439 your phone and is backed up by a mnemonic phrase which you go shop in 115 00:07:49,160 --> 00:07:54,839 some safe somewhere. So now you are the sole owner, a master of 116 00:07:54,879 --> 00:07:58,360 this hardware device that's sitting in your home. Great. So now you have 117 00:07:58,399 --> 00:08:03,759 a Raspberry Pie running on your home network that is claimed by you your phone, 118 00:08:03,079 --> 00:08:05,439 and what are you going to do with it? So what you do 119 00:08:05,600 --> 00:08:09,199 is you can go to our hosted appropository. And this is the sort of 120 00:08:09,240 --> 00:08:13,279 singular point of trust in our entire infrastructure right now, but it is not 121 00:08:13,360 --> 00:08:18,839 a critical one and will be decentralized and trustless in the near future. We're 122 00:08:18,879 --> 00:08:24,399 working towards that right Another one of our mantras is that you do not need 123 00:08:24,480 --> 00:08:26,959 to trust us. We are not trying to be the trusted company. We're 124 00:08:28,000 --> 00:08:31,279 trying to make it so that you don't have to trust any companies. Now 125 00:08:31,319 --> 00:08:33,399 that you have claimed this device, you go to the host of Appropository and 126 00:08:33,440 --> 00:08:37,600 you can browse and install apps. Apps in the sense we're actually starting to 127 00:08:37,600 --> 00:08:43,840 call them mods now because apps has got a little bit of a conceptual collision 128 00:08:43,919 --> 00:08:46,559 with things that you put on your phone, and it's not what these things 129 00:08:46,559 --> 00:08:50,960 are, right. These are server apps modules, things that you install onto 130 00:08:50,039 --> 00:08:54,559 a server. And the first three apps that we put on the app store 131 00:08:54,919 --> 00:09:01,240 or mods are Bitcoin and Bitcoin Core. Full Node Warden, which is a 132 00:09:01,279 --> 00:09:05,799 self hosted password manager similar to last pass, except you are running your own 133 00:09:05,960 --> 00:09:11,000 server such that all your passwords are not stored on somebody else's third party server. 134 00:09:11,159 --> 00:09:15,159 You're posting them all on your physical device. And lastly, Cup's Messenger, 135 00:09:15,279 --> 00:09:20,279 which is our own messaging protocol that utilizes the Tour network. We utilize 136 00:09:20,279 --> 00:09:24,879 Tour for a lot of things to relay messages from person to person. So 137 00:09:24,919 --> 00:09:28,559 if I want to message you, instead of that message being encrypted on my 138 00:09:28,639 --> 00:09:33,559 device, sent to some central server and then relayed to you and then decrypted, 139 00:09:33,759 --> 00:09:37,320 right, which is what most encrypted messaging apps offered today, where you 140 00:09:37,360 --> 00:09:43,039 are trusting that middleman to not only you know not have a backdoor, but 141 00:09:43,159 --> 00:09:46,679 also you know they are persisting those messages indefinitely, so you are trusting them 142 00:09:46,679 --> 00:09:50,360 with both the data and the access to that data, whereas with cups. 143 00:09:50,519 --> 00:09:54,519 You know, it encrypts it on my device. My device sends it to 144 00:09:54,639 --> 00:09:56,879 my embassy, my device meeting my phone. My phone sends it to my 145 00:09:56,879 --> 00:10:01,320 embassy. My embassy is what or is it so that I can view it 146 00:10:01,440 --> 00:10:05,240 later and from all my other devices. My embassy sends it to your embassy, 147 00:10:05,279 --> 00:10:07,320 where it also gets storage that you can do it from all your devices 148 00:10:07,320 --> 00:10:09,639 in the future. And then your embassy sends it to your phone. Right, 149 00:10:09,679 --> 00:10:13,000 So it's me to my embassy, my embassy to your bassy, your 150 00:10:13,000 --> 00:10:16,320 emassy to your phone. You and I are now talking. There's no middlemen 151 00:10:16,440 --> 00:10:22,080 involved, and everything is relayed over the tour network and encrypted end to end. 152 00:10:22,360 --> 00:10:26,639 There are also no exit nodes involved in this process, which means you 153 00:10:26,679 --> 00:10:30,960 are not subject to the vulnerability that the tour network has regarding exit nodes. 154 00:10:31,000 --> 00:10:35,559 All traffic stays on tour, nothing leaves. You also tell me though, 155 00:10:35,679 --> 00:10:39,320 because the scenario you just gave me is we both are using cuts and we 156 00:10:39,399 --> 00:10:41,720 both have embassies. But if I remember correctly, you told me in Vegas 157 00:10:41,720 --> 00:10:46,120 that I could be talking to someone who didn't have an embassy or cut. 158 00:10:46,440 --> 00:10:50,799 It's just that only my end would be encrypted, where their end would be 159 00:10:50,320 --> 00:10:54,519 unencrypted. Right. I remember that that was regarding email. So if you 160 00:10:54,559 --> 00:10:58,559 wanted to send an email, right, your end would be all sort of 161 00:10:58,600 --> 00:11:01,919 private. But if you're sending that to someone who has a Gmail address, 162 00:11:01,399 --> 00:11:05,120 and that end of the communication line is still subject to the inspection of the 163 00:11:05,159 --> 00:11:09,360 Google email bots. So that was cups, wasn't cups. I was confusing 164 00:11:09,360 --> 00:11:13,799 it, correct, Yeah, that was just a general conversation about email. 165 00:11:13,799 --> 00:11:16,919 Emails hard right. Email we will be able to do, but there are 166 00:11:16,480 --> 00:11:20,240 concerns and challenges with email that are unique to that protocol. It's very old. 167 00:11:20,279 --> 00:11:24,840 It predates most of the Internet infrastructure today, and so it's very hard 168 00:11:24,840 --> 00:11:28,960 to adapt to things like tour. Cups, however, to address your point, 169 00:11:28,360 --> 00:11:33,639 will be in the near future, usable by people who do not have 170 00:11:33,200 --> 00:11:37,080 an embassy in a couple of ways. So first of all, anyone can 171 00:11:37,159 --> 00:11:41,679 run cups. It's open source software. You don't need an embassy from start 172 00:11:41,759 --> 00:11:45,759 nine to run cups. You can go get the code from get compile it 173 00:11:45,799 --> 00:11:48,759 from source. It's not easy, right, it requires technical expertise and run 174 00:11:48,759 --> 00:11:54,759 it on your own MacBook or vps hosted on Digital Ocean or whatever you want, 175 00:11:54,799 --> 00:11:58,720 whatever degree of trust you're willing to do. Cups is just a messaging 176 00:11:58,759 --> 00:12:03,440 protocol. However, we are implementing a feature called guest accounts on cups where 177 00:12:03,759 --> 00:12:07,519 if you say you have an embassy and you want to chat with your friend 178 00:12:07,759 --> 00:12:11,639 who does not have an embassy and is also not technical enough to go set 179 00:12:11,720 --> 00:12:15,759 up cups on their own and doesn't want to buy an embassy because they don't 180 00:12:15,960 --> 00:12:18,600 see the value, but you still want to talk to them using cups. 181 00:12:18,919 --> 00:12:22,639 You will be able to give them your cups address, just like you'd give 182 00:12:22,679 --> 00:12:26,240 them your cups address if you wanted to chat with them, right, So 183 00:12:26,240 --> 00:12:28,879 you give them your cups address, and then you give them an invite code, 184 00:12:28,159 --> 00:12:33,639 right, a one time password invite code. Now they can actually log 185 00:12:33,840 --> 00:12:39,240 in to your embassy using this guest password. Obviously they don't have full access 186 00:12:39,279 --> 00:12:45,240 to the embassy, just and create a cups account that is only capable of 187 00:12:45,279 --> 00:12:48,039 talking to you, I think, right. So, now you can just 188 00:12:48,120 --> 00:12:50,720 fill up your contact list with all your friends, send out these little invite 189 00:12:50,720 --> 00:12:54,200 codes. They go get the Cups app from the app Store or Google Play 190 00:12:54,200 --> 00:12:58,679 Store. Or just the tour browser right, put in your address, put 191 00:12:58,679 --> 00:13:01,360 in their OTP, and then change their password to whatever they want. And 192 00:13:01,440 --> 00:13:05,480 now you can talk to all your friends over cups and not one of them 193 00:13:05,480 --> 00:13:09,000 loans in embassy except for you. However, they are all trusting you. 194 00:13:09,039 --> 00:13:13,279 Now you have all the data. You are the server now, right, 195 00:13:13,320 --> 00:13:16,159 so they're all logging in with you. So if your embassy goes down, 196 00:13:16,600 --> 00:13:20,519 goes offline, or you just decide to take all those chats and publish them 197 00:13:20,600 --> 00:13:24,360 everywhere, all these people are trusting you. You are now the trusted third 198 00:13:24,399 --> 00:13:28,399 party. Okay, okay, but that's not available yet. No, okay, 199 00:13:28,480 --> 00:13:31,879 but cups is your newest that's the newest thing you've released. Yeah, 200 00:13:31,120 --> 00:13:35,159 I mean, that's your new thing that's out. So y'all are still cups. 201 00:13:35,679 --> 00:13:39,000 The server has been around for a while, but like most things with 202 00:13:39,039 --> 00:13:41,440 the Embassy, it was very hard to use these apps. Right. So 203 00:13:41,600 --> 00:13:48,279 phase one of Start nine as a company was to make running a personal server 204 00:13:48,720 --> 00:13:54,480 and installing open, decentralized protocols and applications easy for the average person. We 205 00:13:54,639 --> 00:13:56,320 did that. We had that done back in February. You saw it, 206 00:13:56,519 --> 00:14:00,639 Yeah, you plugged it in. You hit install and boom, You're running 207 00:14:00,639 --> 00:14:03,679 a full Bitcoin note over tour. Didn't require any expertise at all. No, 208 00:14:03,559 --> 00:14:05,639 no, noll, I mean take me, I said, take minutes. 209 00:14:05,799 --> 00:14:09,000 I mean yeah. The problem then was what do I do now? 210 00:14:09,200 --> 00:14:11,559 That was the question people put out to us. Say, Okay, I 211 00:14:11,600 --> 00:14:13,440 got bitcoin running on my own embassy, in my own living room. How 212 00:14:13,440 --> 00:14:16,559 do I use it? I got cups running right on my embassy in my 213 00:14:16,559 --> 00:14:20,039 living room. How do I use it? Will? Phase two of start 214 00:14:20,120 --> 00:14:24,200 line is to make all of the applications running on your embassy. These background 215 00:14:24,279 --> 00:14:30,279 processes usable from clients applications. These are apps that you could put on your 216 00:14:30,360 --> 00:14:37,240 iPhone or Android phone and more. More predominantly PWA's progressive Web applications, meaning 217 00:14:37,320 --> 00:14:41,360 that you can use the cup's instance on your server. You can use the 218 00:14:41,480 --> 00:14:46,679 engine right the Cup's engine simply by going to a Tour browser or Firefox browser 219 00:14:48,120 --> 00:14:52,919 and plugging in the Onion URL of your cups instance. So you don't need 220 00:14:52,960 --> 00:14:56,120 to go to the Google play Store the App store to use our apps. 221 00:14:56,559 --> 00:15:01,000 It's convenient. It's nice to have those icons on your phone, but all 222 00:15:01,000 --> 00:15:03,879 you really need is a Tour browser, so there's no way to stop this. 223 00:15:03,240 --> 00:15:05,679 Even if Apple is just like screw you're not allowed to have cups on 224 00:15:05,720 --> 00:15:09,039 the app store. We go, okay, just go use the tour browser. 225 00:15:09,360 --> 00:15:13,039 Right. So, cups will be improving, and that's y'all's new project. 226 00:15:13,080 --> 00:15:15,519 That's what y'all working on a lot. There's a lot of things that 227 00:15:15,519 --> 00:15:18,559 are going to happen to make that easier and better and more useful. Yeah, 228 00:15:18,639 --> 00:15:20,440 it's going to get better. It's not our focus. Our primary kind 229 00:15:20,440 --> 00:15:24,960 of initial trajectory as a company, as a niche computer company, is bitcoin 230 00:15:26,080 --> 00:15:28,759 and bitcoin related technologies. Right, So, coming soon is going to be 231 00:15:28,840 --> 00:15:33,559 an electrom personal server. That one quick install. Now you're running an electron 232 00:15:33,559 --> 00:15:37,519 personal server on your embassy. Next is coming Lightning, right Sea Lightning will 233 00:15:37,559 --> 00:15:41,559 be shortly after that. Do you have any timelines estimated for those? No, 234 00:15:43,000 --> 00:15:45,840 we do internally, but I don't like to communicate this. That's fine. 235 00:15:45,840 --> 00:15:46,639 I didn't know if you're going, yeah, we're definitely going to have 236 00:15:46,759 --> 00:15:52,399 it by this data we like to build, launch and then announce. Cups 237 00:15:52,480 --> 00:15:54,720 is important to us, though not because we think everyone's going to be using 238 00:15:54,759 --> 00:15:58,200 cups in the future as their primary messaging app. Cups is important to us 239 00:15:58,240 --> 00:16:03,120 because it is a demonstration. It was a sandbox source. Right that we 240 00:16:03,159 --> 00:16:07,879 are not a bitcoin node. Right, We too often get confused as something 241 00:16:07,000 --> 00:16:11,000 like a mind node, btcre or a COSA node which is no longer in 242 00:16:11,039 --> 00:16:17,080 production, but right, which are great products. But they are Bitcoin nodes 243 00:16:17,159 --> 00:16:18,960 and lightning nodes. Right. They are designed to be plug and play. 244 00:16:19,000 --> 00:16:22,360 You plug it into the wall and boom, you have a Bitcoin node running. 245 00:16:22,480 --> 00:16:26,840 Right. We are a computer company. We are a computing platform, 246 00:16:26,120 --> 00:16:33,080 right for all sorts of applications and decentralized protocols that have been traditionally very difficult 247 00:16:33,159 --> 00:16:37,480 to run. Right, everything from I mean take bitwarden, just a password 248 00:16:37,480 --> 00:16:41,879 manager, right, you can't do bitwarden on your plug and play Bitcoin node. 249 00:16:42,080 --> 00:16:47,120 Right. Those are very bespoke products to bitcoin. Bitcoin is at the 250 00:16:47,200 --> 00:16:51,559 center of our culture, of our ethos, and our product roadmap. But 251 00:16:51,600 --> 00:16:56,039 we are a generalized computer company and a demonstration of that. So let's go 252 00:16:56,080 --> 00:17:00,240 over real quick. Now. When you say bitcoin corn, we talk about 253 00:17:00,240 --> 00:17:03,079 that that's a pruned version a Bitcoin Core. I guess that's why an uploads 254 00:17:03,119 --> 00:17:07,599 so quickly or update so quickly. Yeah, I mean we buy default set 255 00:17:07,640 --> 00:17:11,119 pruning quite high, Right, because our physical devices that we're selling don't have 256 00:17:11,160 --> 00:17:15,000 a lot of storage. Right, We're selling devices with one hundred and twenty 257 00:17:15,039 --> 00:17:18,359 eight gigabytes of storage that can't even fit the whole blockchain. But it's not 258 00:17:18,400 --> 00:17:22,960 like we prune just to accommodate the storage. It's that we prune because there's 259 00:17:22,079 --> 00:17:27,440 very few reasons to run a full archival bitcoin mode. Right. The average 260 00:17:27,480 --> 00:17:32,839 person does not need every block in every transaction that has ever happened. They 261 00:17:32,880 --> 00:17:37,079 just need to validate them. Right, we start at genesis. It sinks 262 00:17:37,119 --> 00:17:40,839 the entire blockchain, but as it goes, it throws out the data that 263 00:17:40,920 --> 00:17:45,400 it doesn't care about. Right, which a full bitcoin node. It's still 264 00:17:45,440 --> 00:17:48,480 a full bitcoin node, it's just not a full archival node. That's the 265 00:17:48,519 --> 00:17:51,960 difference. A full Bitcoin noode can be very heavily pruned. And what it 266 00:17:52,000 --> 00:17:56,200 does is it allows you to process and relay transactions. It allows you to 267 00:17:56,359 --> 00:18:00,119 validate transactions, It allows you to validate blocks, It allows you to broadcast 268 00:18:00,160 --> 00:18:03,880 your own transactions. It allows you to do all of this in privacy. 269 00:18:03,920 --> 00:18:08,039 The average person will never notice the difference between a pruned Bitcoin note and an 270 00:18:08,079 --> 00:18:11,960 unpruned Bitcoin note. They don't write and it's it's more scalable too. Well, 271 00:18:12,079 --> 00:18:15,519 sure uploads a hell of a lot faster than a full note that's the 272 00:18:15,599 --> 00:18:18,319 name show. The sync process is still going to take a while, right, 273 00:18:18,400 --> 00:18:21,599 It didn't seem to take very long to me, not to what it 274 00:18:21,720 --> 00:18:23,599 was like calling the cost. And we don't do precinct either, right, 275 00:18:23,640 --> 00:18:27,400 we don't believe in shipping somebody a precinct blockchain for the sake of convenience. 276 00:18:27,400 --> 00:18:30,920 It's like, if you can't wait, you know, a few days for 277 00:18:30,279 --> 00:18:34,079 your node to sync, you got a patient's problem, Like this is real 278 00:18:34,079 --> 00:18:37,759 privacy and you got to be a little patient. So right now we have 279 00:18:37,880 --> 00:18:41,119 the core, we have a bit warden, we have cuts yeah, planned 280 00:18:41,319 --> 00:18:48,680 um Lightning Lightnings coming, yeah, and then Electron electrom is coming, Lightning's 281 00:18:48,680 --> 00:18:53,440 coming. BTC pay server is on our roadmap. And then we have a 282 00:18:53,480 --> 00:19:00,319 whole suite of sort of non Bitcoin related applications, including messaging protocol calls. 283 00:19:00,680 --> 00:19:06,759 So Matrix is one that's front and center on our radar. Matrix is a 284 00:19:06,799 --> 00:19:12,000 messaging protocol that allows for group chats, video conferencing, peer to peer chats, 285 00:19:12,039 --> 00:19:15,319 and it's very robust. We use it internally, we use the synaps 286 00:19:15,400 --> 00:19:19,799 implementation of Matrix and the front end clients. I think we use Riot to 287 00:19:21,279 --> 00:19:23,440 communicate internally as a team, and it's all self hosted, right, So 288 00:19:23,480 --> 00:19:30,279 we try to walk our walk and not use posted services whenever it is practical 289 00:19:30,359 --> 00:19:34,880 to do so. Obviously we are currently using hosted services. We shopify to 290 00:19:36,000 --> 00:19:40,000 sell embassies, and that's not something that we like or are going to be 291 00:19:40,039 --> 00:19:42,279 doing for very long, but it was expedient, right. It allows us 292 00:19:42,359 --> 00:19:47,599 to ship product very quickly without having to take the time to set up our 293 00:19:47,599 --> 00:19:51,599 own payment rails and infrastructure. However, we are setting up currently our own 294 00:19:51,599 --> 00:19:53,680 BTC payer. For instance, you'll be able to buy embassies with bitcoin in 295 00:19:53,720 --> 00:19:56,640 the coming days. So since we're going there, how are they selling? 296 00:19:56,880 --> 00:20:00,759 Are you happy? Are you? Are you sad? Or about what you 297 00:20:00,799 --> 00:20:04,200 expected? Or it's about what we expected actually, so the numbers, there's 298 00:20:04,480 --> 00:20:08,880 you know, full transparency here. We launched a prototype, right, which 299 00:20:08,880 --> 00:20:14,920 are engraved an inaugural edition of the prototype. I think mine has that it 300 00:20:14,960 --> 00:20:17,599 has the number on it. Or we're pretty low too. You were one 301 00:20:17,599 --> 00:20:19,839 of the very first five thirty or something, I think, yeah, and 302 00:20:19,920 --> 00:20:25,119 so we we did one through one hundred of the initial prototype, and those 303 00:20:25,160 --> 00:20:29,480 are almost gone. We have I think a couple dozen left, so twenty 304 00:20:29,680 --> 00:20:33,519 twenty five of those are left, and so we've sold what seventy seventy five 305 00:20:33,799 --> 00:20:37,240 units so far? Are those at two hundred a piece, So we're significantly 306 00:20:37,319 --> 00:20:42,000 under the market for a full bitpoint node. Right. I'm not sure exactly 307 00:20:42,000 --> 00:20:45,079 what the prices are out there, but I know they get as high as 308 00:20:45,079 --> 00:20:48,319 like six seven hundred dollars some of them, and so we're very under the 309 00:20:48,359 --> 00:20:52,480 market. And we do the same thing and ten times more. Yea hear 310 00:20:52,519 --> 00:20:55,799 you say you have a lot more features for a lot less money. Yes, 311 00:20:55,920 --> 00:20:57,039 So the price point is it is not going to stay that well. 312 00:20:57,279 --> 00:21:02,160 We came in low because people were taking a risk on an unknown product, 313 00:21:02,440 --> 00:21:07,599 which we further incentivized by doing the numbered addition, because if we do our 314 00:21:07,680 --> 00:21:10,720 job and things go well, who knows, maybe they'll be worth something something. 315 00:21:10,799 --> 00:21:15,160 So we wanted to incentivize our early users are alpha users really to buy 316 00:21:15,200 --> 00:21:18,440 one of these, So we put the price point really low. We don't 317 00:21:18,440 --> 00:21:21,759 make a dime on them, and we engraved them, and we asked for 318 00:21:21,839 --> 00:21:25,160 honest feedback and a gentle hand, right, and we got that, and 319 00:21:25,200 --> 00:21:30,680 we have been very very happy with this sort of initial rollout of a very 320 00:21:30,839 --> 00:21:36,359 radical product that has almost no comparison in the world. And so now we're 321 00:21:36,400 --> 00:21:40,599 sort of entering phase two. Right following the sellout of the initial one hundred 322 00:21:40,680 --> 00:21:45,960 units will be a new device that we have yet to unveil. It is 323 00:21:47,079 --> 00:21:52,359 not our sort of flagship product that will be coming next year, which will 324 00:21:52,400 --> 00:21:55,359 be a much bigger and cooler unbail way do you see what that looks like? 325 00:21:55,599 --> 00:21:59,279 But the sort of we'll call it the V one point five is coming 326 00:21:59,440 --> 00:22:04,400 very soon. We'll be selling that in the meantime before the major product flagship 327 00:22:04,480 --> 00:22:07,079 comes out next year. Price points will be a lot higher, by the 328 00:22:07,079 --> 00:22:11,759 way than what you have right now with a flagship one. Yes, yeah, 329 00:22:11,799 --> 00:22:14,480 well it does a lot more. Where would people go to see? 330 00:22:14,559 --> 00:22:17,720 Would they just start nine dot com if they want to see these or inches, 331 00:22:17,759 --> 00:22:21,920 then minees start nine labs dot com starting in labs dot com. So 332 00:22:22,000 --> 00:22:23,400 y'all ship them right now? I mean you have them in stock. Yeah, 333 00:22:23,440 --> 00:22:27,279 we have the remaining you know, inaugural editions one ready to roll. 334 00:22:27,599 --> 00:22:30,240 We usually ship them within an hour or two of an order, so you 335 00:22:30,359 --> 00:22:34,039 got like fifteen left or something like twenty twenty five. Okay, so yeah, 336 00:22:34,039 --> 00:22:37,160 if you get twenty five orders in the next month, you had a 337 00:22:37,200 --> 00:22:38,720 business. Though. Now one comes out. Oh no, no, no, 338 00:22:38,720 --> 00:22:41,880 no, we're ready to ship the one point five right now too. 339 00:22:41,960 --> 00:22:45,799 Okay, okay, yeah, no again, but we're boring hardware right The 340 00:22:45,839 --> 00:22:48,720 one point five is all commodity stuff, nothing custom made. The V two 341 00:22:49,319 --> 00:22:52,599 is going to be the real flagship product, and that's a twenty twenty one 342 00:22:52,920 --> 00:22:57,720 launch date right sometime next year. Now you're gonna be showing these that You've 343 00:22:57,720 --> 00:23:02,920 got a table a bit block Boom, so people come into bit block Boom 344 00:23:02,960 --> 00:23:04,640 will be able to see these. And for those who are not aware, 345 00:23:04,640 --> 00:23:08,000 a bit block Boom is a bitcoin conference I put on in Dallas. This 346 00:23:08,079 --> 00:23:11,240 will be our third year. It's going to be really great. Gosh, 347 00:23:11,519 --> 00:23:15,119 we probably would have been sold out already if it hadn't been for those two 348 00:23:15,160 --> 00:23:18,559 months A ticket stop selling because people didn't know what was going on. But 349 00:23:18,680 --> 00:23:22,559 now they started selling like crazy again. Because I think that everybody realizes down 350 00:23:22,599 --> 00:23:26,480 here in Texas where like I think, our restaurants started seventy five percent occupancy 351 00:23:26,559 --> 00:23:30,000 starting Friday, so we're pretty much back on track, but we're fifty for 352 00:23:30,039 --> 00:23:33,200 a while. But that's if you're interested. Anyone's interested in bit block boom. 353 00:23:33,240 --> 00:23:37,680 It's a bitcoin conference, it's not an apcoin conference. All we talk 354 00:23:37,720 --> 00:23:41,160 about is a bitcoin and bitcoin applications. You can find out more about it 355 00:23:41,160 --> 00:23:44,720 at bitblock boom dot com. Check it out. But also, like I 356 00:23:44,759 --> 00:23:48,160 said, you'll be able to Matt and his crew will be there. They'll 357 00:23:48,200 --> 00:23:52,599 have a table set up showing the well you have to start nine and the 358 00:23:52,680 --> 00:23:56,279 new one there by then or at the one point five will be there. 359 00:23:56,319 --> 00:23:59,240 For sure. We're going to sell out of the prototypes that, yeah, 360 00:23:59,240 --> 00:24:00,920 you'll be out of the I didn't mean to start nine the embassy. Yeah, 361 00:24:00,920 --> 00:24:04,079 we're starting to get some recognition right now. And again by design, 362 00:24:04,279 --> 00:24:08,519 we weren't hiding. Like we understand. I've had enough startups, this is 363 00:24:08,519 --> 00:24:14,440 my fifth startup and experience to know that you don't just We're not a marketing 364 00:24:14,440 --> 00:24:18,319 company, right. We want sales to scale with the quality of the product 365 00:24:18,400 --> 00:24:22,240 and not any faster, not any slower either. It's starting to curve a 366 00:24:22,279 --> 00:24:25,960 little bit, so we're gonna sell out. We'll be selling the one point 367 00:24:26,000 --> 00:24:29,440 five at bit block boom. The inaugural editions will be gone, and we 368 00:24:29,480 --> 00:24:32,079 are really looking forward to this conference. Scare. I mean, everyone's been 369 00:24:32,079 --> 00:24:34,039 cooped up and there is a hunger to get after it. And I think 370 00:24:34,119 --> 00:24:40,319 you're you are going to be the first major bitcoin conference. You're gonna hockey 371 00:24:40,359 --> 00:24:44,119 stick. Yeah. I think we'll be the first one for sure. That's 372 00:24:44,160 --> 00:24:47,160 in person. We've got to start platinum sponsor this year. We've got another 373 00:24:47,200 --> 00:24:49,880 sponsor I was talking to today, So all of a sudden people are contacting 374 00:24:49,880 --> 00:24:53,519 me. Where last year, our second year, I couldn't get a platinum 375 00:24:53,559 --> 00:24:56,279 sponsor. I hardly get anyone to talk to me. But we did real 376 00:24:56,319 --> 00:25:00,319 good last year and everybody was real excited about it this year. Now, 377 00:25:00,079 --> 00:25:03,079 I still think it's funny Meadowdell Post Segary is going to look like a genius 378 00:25:03,119 --> 00:25:07,799 posting a conference and in the August and then hot as hell Texas. But 379 00:25:07,960 --> 00:25:11,440 it turns out to be the greatest timing of all times. Maybe yeah, 380 00:25:11,599 --> 00:25:15,480 No, I think this is going to be the conference. This is gonna 381 00:25:15,480 --> 00:25:18,759 be the one you're gonna hockey stick towards in the last month leading up to 382 00:25:18,759 --> 00:25:22,440 it. Yeah. The thing about it is if you're really into mick coin. 383 00:25:22,880 --> 00:25:26,160 You're around people who are into what you're into. I mean, you 384 00:25:26,200 --> 00:25:29,319 know, you don't have you know, these sections that are in the one 385 00:25:29,359 --> 00:25:32,680 thing or sections in the other thing, and you know, maybe there And 386 00:25:32,720 --> 00:25:37,160 it's not a gigantic conference of two thousand people where it's just such a nightmare 387 00:25:37,200 --> 00:25:40,559 to go to. You know, it's a nice size conference. Everybody is 388 00:25:41,400 --> 00:25:44,440 sounds corny to say, top notch, but they really are. They're good 389 00:25:44,480 --> 00:25:47,400 people that are there. Everybody's into the same thing at a high level. 390 00:25:47,640 --> 00:25:51,319 And we have a great group of speakers that like coming to our event. 391 00:25:51,599 --> 00:25:52,759 You know so, But I don't want to get on my event. That 392 00:25:52,839 --> 00:25:56,359 wasn't the goal there. I just wanted to do a little mention there. 393 00:25:56,839 --> 00:25:59,680 So tell me what else we want to talk about with Start nine, because 394 00:25:59,680 --> 00:26:00,960 this is your chance to tell me stuff about it. I want to make 395 00:26:02,000 --> 00:26:04,319 sure I get out everything about the embassy Start nine. I mean, I 396 00:26:04,319 --> 00:26:07,799 want to tell people what they need to know. I think it's a great 397 00:26:07,839 --> 00:26:11,599 idea to make a personal server instead of just a node that runs a Bitcoin 398 00:26:11,720 --> 00:26:18,160 node. There is still a lack of understanding as to the magnitude of the 399 00:26:18,160 --> 00:26:22,720 technological transformation taking place on Earth right now, that was started by bitcoin. 400 00:26:22,960 --> 00:26:26,440 Right. Even bitcoiners do not fully understand the depth of the change here. 401 00:26:26,440 --> 00:26:32,519 And I use that lightly because some do, but nobody, Nobody fully grasps 402 00:26:32,559 --> 00:26:37,079 the magnitude of the tectonic shift that's taking place here. We believe that what 403 00:26:37,119 --> 00:26:41,200 we are doing is a natural extension of the movement started and that continues to 404 00:26:41,200 --> 00:26:45,119 be led by Bitcoin and will always be by the way Bitcoin is the beating 405 00:26:45,200 --> 00:26:49,480 heart, is the battlecry of this revolution. But it needs help, right, 406 00:26:49,559 --> 00:26:55,720 even heroes needs support. We're building that infrastructure right. Start nine is 407 00:26:55,799 --> 00:27:00,000 not a node company. We are not a chat company or a computer company. 408 00:27:00,160 --> 00:27:03,720 Right. We are building personal devices, not one per home, one 409 00:27:03,759 --> 00:27:07,200 per person. Everyone has a phone in their own pocket. Families don't share 410 00:27:07,279 --> 00:27:11,599 phones, right. They don't share phones because everyone wants to be on it. 411 00:27:11,640 --> 00:27:15,200 At the same time, everyone wants the sort of privacy that comes along 412 00:27:15,240 --> 00:27:18,039 with having your own chat history. You don't want your parents going through your 413 00:27:18,079 --> 00:27:22,799 stuff, right. So these are a personal device and it is your gateway. 414 00:27:22,200 --> 00:27:27,119 Two and sovereign territory in the Internet, the new Internet, right, 415 00:27:27,480 --> 00:27:33,359 And it's necessary for Bitcoin to survive if we don't have full node operators in 416 00:27:33,400 --> 00:27:40,480 abundance. Bitcoin is vulnerable. The full user and economic modes are critical to 417 00:27:40,519 --> 00:27:45,000 the health of the network. Take messaging, for instance, Bitcoin is vulnerable 418 00:27:45,400 --> 00:27:49,119 if you and I are messaging on I message and I say, hey, 419 00:27:49,160 --> 00:27:52,480 send me some bitcoin, and you go, okay, I'll send you some 420 00:27:52,519 --> 00:27:55,240 bitcoin. Bitcoin can be as private as it wants to be, but if 421 00:27:55,240 --> 00:28:00,640 that message is not private, then we are still subject to the physical dangers 422 00:28:00,960 --> 00:28:07,319 associated with you know, interrogation or right like the whole thing is private or 423 00:28:07,359 --> 00:28:11,839 none of it is private. Any crack or vulnerability in the communications and digital 424 00:28:11,839 --> 00:28:17,839 infrastructure is a vulnerability to not just bitcoin, but to human liberty, right 425 00:28:17,880 --> 00:28:22,880 to freedom, which of which privacy is a necessary prerequisite. So we are 426 00:28:22,960 --> 00:28:29,200 a computer company who with privacy as an uncompromising core principle. You will not 427 00:28:29,359 --> 00:28:33,359 need to trust us for this to work. Currently there's a little bit of 428 00:28:33,359 --> 00:28:34,960 trust. There won't be. Well, let's go five years in the future. 429 00:28:36,279 --> 00:28:38,839 What do we see coming from you guys, and where will you all 430 00:28:38,839 --> 00:28:44,039 be in this space? What do you foresee as start nine's place in five 431 00:28:44,119 --> 00:28:47,519 years? Do you have security cameras in your home? Do you have a 432 00:28:47,559 --> 00:28:51,000 smart doorbell? And a smart thermostat. No, not a smart stormostatt. 433 00:28:51,000 --> 00:28:52,920 But I do I have a camera at the door, but not a smart 434 00:28:52,960 --> 00:28:56,920 doorbell. How about like an Alexa or a Google Home Speak. Yes, 435 00:28:57,079 --> 00:29:02,240 definitely is Alexa listening? And Gary, yeah, well not now not in 436 00:29:02,279 --> 00:29:03,920 my office here, but sure as shit is at home because it comes on 437 00:29:04,160 --> 00:29:07,559 sometimes it says I didn't understand what you said. No one was talking to 438 00:29:07,680 --> 00:29:11,400 you, bitch, right, And the cameras is nest watching. Right. 439 00:29:11,680 --> 00:29:17,519 So here's here's the danger that we're getting ourselves into right now as a world, 440 00:29:17,880 --> 00:29:22,039 as the Internet of Things comes into play, as hardware devices become more 441 00:29:22,079 --> 00:29:26,759 prominent in our lives, the data that is right, the censors on those 442 00:29:26,799 --> 00:29:30,640 things, and the data that is collected are dangerous, potentially dangerous. Right. 443 00:29:30,680 --> 00:29:34,559 I know a lot of people who don't have cameras in their owns or 444 00:29:34,599 --> 00:29:40,960 own an Alexa simply because it feels like an invasion of privacy. The idea 445 00:29:41,000 --> 00:29:44,359 that there's a hardware device in my home that has a direct connection to Google 446 00:29:44,359 --> 00:29:48,240 servers and is listening to everything that I say is quite frankly unacceptable, right, 447 00:29:48,319 --> 00:29:53,200 It's scary, and most people don't recognize the repercussions of that, because 448 00:29:53,200 --> 00:29:57,319 it hasn't been leveraged against us in a severe manner yet. Right, But 449 00:29:57,400 --> 00:30:03,440 go ask some people you know in less fortunate regimes than America, if you 450 00:30:03,480 --> 00:30:07,559 know, if they're afraid of their corporations or governments spying on them in their 451 00:30:07,559 --> 00:30:11,799 homes, and it's much more of a concern. And who knows what America 452 00:30:11,839 --> 00:30:14,599 is going to look like in the next few decades. Right, We don't 453 00:30:14,640 --> 00:30:18,519 want to take that risk. We want to build technology and infrastructure that protects 454 00:30:18,519 --> 00:30:22,920 the individual, regardless of the political future. And so that's the direction that 455 00:30:22,960 --> 00:30:25,279 we are going in. Right. There will come a day in the next 456 00:30:25,279 --> 00:30:27,920 five years where you will be able to buy a camera, either a open 457 00:30:27,960 --> 00:30:33,200 source hardware camera off the shelf or directly from start nine. You'll be able 458 00:30:33,200 --> 00:30:34,839 to put it up on your ceiling. You'll be able to walk up to 459 00:30:34,920 --> 00:30:40,400 that camera with the same phone that you use to register your embassy and tap 460 00:30:40,480 --> 00:30:44,119 it to the camera. That's the setup process. You will walk up to 461 00:30:44,160 --> 00:30:47,079 the camera, you will tap your phone to it. The phone will give 462 00:30:47,079 --> 00:30:51,759 a little vibration, and the camera will wake up, recognize you as its 463 00:30:51,799 --> 00:30:56,759 master, and immediately find all of its brothers and sisters on the distributed Internet 464 00:30:56,839 --> 00:31:00,759 using their tour addresses, because that information was passed using the public keys from 465 00:31:00,799 --> 00:31:06,319 which we derive the public addresses. Okay, so I tap my camera with 466 00:31:06,359 --> 00:31:10,480 my phone and suddenly the camera knows that it has a sibling in the other 467 00:31:10,559 --> 00:31:14,039 room which is monitoring that room, that it has a doorbell outside, that 468 00:31:14,079 --> 00:31:17,440 it has a little drone flying around the house, that the embassy is the 469 00:31:17,519 --> 00:31:19,559 sort of brain of the whole operation, which is storing the majority of the 470 00:31:19,680 --> 00:31:23,279 data. However, it's also sharing that data with other embassies around the world 471 00:31:23,279 --> 00:31:29,720 and encrypted charts right using Lightning network for micropayments. Okay, we envision the 472 00:31:29,839 --> 00:31:37,400 future where human beings individuals have entire fleets of IoT devices, drones and otherwise 473 00:31:37,680 --> 00:31:41,519 serving them on a very personal level, with no third parties or trust involved 474 00:31:41,559 --> 00:31:45,400 whatsoever. If I buy a little vacuum cleaner, that little vacuum cleaner should 475 00:31:45,400 --> 00:31:49,359 not be uploading data to Google. It should be uploading data to my embassy 476 00:31:49,440 --> 00:31:53,519 in my living room, which then stores backups on my mom's embassy, totally 477 00:31:53,640 --> 00:31:57,119 encrypted and broken up by the way, all serving my needs. Well, 478 00:31:57,200 --> 00:32:02,240 that sounds pretty interesting. So no longer will anyone have your information, the 479 00:32:02,319 --> 00:32:05,960 size of your house, inside, where your furniture is, what you're saying, 480 00:32:06,039 --> 00:32:08,039 what you're doing, where you've been. It'll be just on your personal 481 00:32:08,920 --> 00:32:13,200 server. And guess what, you don't need a blockchain for it. Yeah, 482 00:32:13,359 --> 00:32:15,400 yeah, you don't need a blockchain for a lot of things. Personal 483 00:32:15,599 --> 00:32:21,839 army, robot armies of the future will not need a blockchain. All they 484 00:32:21,839 --> 00:32:24,720 will need is bitcoin and the Lightning network for micro pants. Very good, 485 00:32:24,920 --> 00:32:28,839 the short and the long of it. Right, the short term, we're 486 00:32:28,880 --> 00:32:30,519 a plug and play Bitcoin full node. Push a button, you're running a 487 00:32:30,559 --> 00:32:35,039 full bitcoin node, pruned and overtour. Push another button. You're running a 488 00:32:35,039 --> 00:32:37,880 private messaging protocol without any third parties. That's the short term, right. 489 00:32:37,920 --> 00:32:42,039 The long term, tap your phone to a security camera and get your home 490 00:32:42,039 --> 00:32:45,400 monitored without trusting a single person on Earth. And this is at start nine 491 00:32:45,440 --> 00:32:47,240 labs dot com. Yeah, yea. So take a look at it, 492 00:32:47,400 --> 00:32:53,319 and it was pretty impressively display at tones confiscatable. It was pretty impressed with 493 00:32:53,359 --> 00:32:55,240 it. And like I said, I picked one up and set it up. 494 00:32:55,279 --> 00:32:58,000 Took me a while to get around to setting it up, and I 495 00:32:58,039 --> 00:33:00,200 did, but it takes me a while to do any damn thing. It 496 00:33:00,240 --> 00:33:01,279 seems like I can find the time. Also, like I said, you 497 00:33:01,279 --> 00:33:05,480 can find them at bit block. When where can be people follow you at 498 00:33:05,599 --> 00:33:08,079 or follow Starting nine Labs and they want to keep up with what you guys 499 00:33:08,079 --> 00:33:12,319 are doing. Twitter. Twitter is the main access point. We also have 500 00:33:12,359 --> 00:33:15,000 a mailing list which you can subscribe to the main website. But yeah, 501 00:33:15,000 --> 00:33:20,480 I mean Twitter at Start nine Labs is where you're going to get the conversations 502 00:33:20,519 --> 00:33:22,160 and the announcements. It's a very new Twitter handle. We don't have a 503 00:33:22,200 --> 00:33:25,720 lot of followers. Like I said, we have not been a marketing first 504 00:33:25,759 --> 00:33:29,839 company, but it's coming time. We're starting to get out there. I 505 00:33:29,880 --> 00:33:32,640 appreciate what you said in the pre talk we were having. If you ought 506 00:33:32,640 --> 00:33:37,119 to sold five thousand of these earlier near you'd had four thousand, nine hundred 507 00:33:37,119 --> 00:33:38,920 and fifty people who wouldn't like what they had, Yeah, because you weren't 508 00:33:38,920 --> 00:33:42,759 ready for those kind of numbers. No, No, we want to deliver. 509 00:33:43,160 --> 00:33:45,160 Our customers are happy. We want to keep them that way, right. 510 00:33:45,200 --> 00:33:49,200 I mean, this is where in the hardware business that's not easy. 511 00:33:49,400 --> 00:33:52,400 Hardware is hard, which is why we want to be boring on the hardware 512 00:33:52,440 --> 00:33:54,839 front at least for now, and ship software. We're a software company. 513 00:33:54,880 --> 00:33:59,279 But this isn't your first rodeo either though, so I mean as far as 514 00:33:59,279 --> 00:34:02,200 creating a company from scratch. So that helps you too, just that you 515 00:34:02,240 --> 00:34:06,640 have that experience. I'm going through this before. Yeah, we're being prudent, 516 00:34:06,880 --> 00:34:10,320 measured steps, slow growth, and you know what we will if it 517 00:34:10,320 --> 00:34:14,679 starts to curb on us, we'll handle it. Okay. Well, Matt, 518 00:34:14,719 --> 00:34:16,199 thanks for coming on the show. I look forward to seeing you again 519 00:34:16,320 --> 00:34:22,280 at bit block Boom follow Matt follow Start nine Labs. Check out the start 520 00:34:22,360 --> 00:34:24,280 nine labs dot com. Thanks Matt, I appreciate it. Can't wait for 521 00:34:24,280 --> 00:34:28,639 the conference, scary. I hope you've enjoyed today's show, and I want 522 00:34:28,639 --> 00:34:30,440 to give a big thank you to all my cousins out there for listening and 523 00:34:30,519 --> 00:34:35,639 subscribe. If you haven't subscribed yet, just go to Crypto Cousins dot com 524 00:34:35,679 --> 00:34:38,079 and you'll see the links for all the places you can subscribe. You want 525 00:34:38,079 --> 00:34:42,360 to take a second, leave a great review or four star rating even while 526 00:34:42,360 --> 00:34:45,119 you're at it. I also recommend you go to Crypto podcast dot com and 527 00:34:45,159 --> 00:34:51,000 see all my other podcasts and websites. For the world of bitcoin. There's 528 00:34:51,000 --> 00:34:54,519 a lot of the look at. Thanks for listening to the Crypto Cousins podcast. 529 00:34:54,760 --> 00:34:58,920 Please share the show with your friends. They can subscribe by going to 530 00:34:59,039 --> 00:35:04,280 Cryptocusins slash subscribe, And if you want to know more about Gary, just 531 00:35:04,360 --> 00:35:07,440 go to Gary Leland dot com. Make sure and join Gary in all the 532 00:35:07,519 --> 00:35:15,000 Cryptocusins every week for a new episode of the Crypto Cousins podcast. 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