Whether you are a social impact organization, an artist, or a startup - funding your dream is not always easy.
Geyser helps with social funding using Bitcoin.
Join MetaMick - the Co-Founder of Geyser as we discuss how he is helping change the world with Bitcoin and his platform.
https://geyser.fund
🔥LISTEN TO EPISODE HERE
(00:00:30) Introduction to Metamick and Geyser
(00:01:23) The Birth of Geyser: From Bitcoin to Crowdfunding
(00:05:43) Geyser's Impact and Success Stories
(00:08:48) User Experience and Community Building
(00:16:46) Trust and Verification in Crowdfunding
(00:23:52) Project Updates and Donor Engagement
(00:31:38) Global Impact of Small Donations
(00:45:30) Future Features and Enhancements for Geyser
(00:52:34) AI and Its Implications for Humanity
(01:18:38) Final Thoughts and Call to Action
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WHAT IS VALUE FOR VALUE? - ADAM CURRY https://value4value.info/about/
Hey. Aloha, love tribe. Welcome to the show. I have somebody with me here who is changing the world with crowdfunding with Bitcoin. He's somebody I've been, following, and I set up a tiny little crowdfunding, but I've been watching how he's changing lives, changing communities, and changing the world with this project. This is Medemik, cofounder of Geyser. Welcome, Medemik.
[00:00:54] Unknown:
Thank you so much, DJ Valerie. I'm honored. I'm, I don't know. I feel a little intimidated by this big title. I think, yeah, in general, I am honored about the work that we're doing at Geyser in the space, and I think we do provide a platform where people can change the world. So we are, let's say, helping those who are helping change the world. And and then so it's a it's a proud thing that we that we are experiencing. I'm really excited to to talk to to you today about, yeah, the projects and the platform.
[00:01:24] Unknown:
How did you decide, like, that you know, because we look at, like, Patreon and these other crowdfunding models. How did you, you know, number one, how how did you get into Bitcoin? And number two, how did you decide, like, there's a gap in the market and we wanna help create, a marketplace, like a Patreon marketplace for people to do crowdfunding.
[00:01:44] Unknown:
Awesome. Yes. Definitely. So I came at Kaiser from the kind of from several different perspectives. Excuse me. First of all, I came at it from the perspective of well, I think Lightning is gonna be the main tool to scale Bitcoin to the world. Right? Mhmm. And I, as a Bitcoiner, I thought, okay. I was playing with the Lightning Network, and I was thinking, okay. This is a layer on which most people will interact on Bitcoin because Lightning scales, Bitcoin on chain doesn't. It's the obvious solution. And then at the same time, I was actually working in a in a different space, in the crypto space, in the Ethereum space. Believe it or not, I was a Bitcoiner, a little bit of, like, fish out of water.
And, and as many as much as that was an experience that allowed me to, actually do see a lot of the the the shit coining that's happening over there that I was not happy about. I also did see and notice how much development and how much, creative, energy was being put around these crowdfunding platforms that had been built there. And I thought, my god. How is there not something like this on Bitcoin and and and on Lightning? And I'm not a creator myself, but I'm more a supporter. Like, I love to give back because I feel like with Bitcoin, I've been blessed and and, empowered in so many ways, and I wanna give back to the community. Yeah. And so there I noticed I'm noticing all these Bitcoiners around the world raising funds for all sorts of things, like, from films to communities, circular economies, to educational initiatives. And I said, well, how do I support them easily? Right? People were sort of scanning their QR code, putting in their Twitter threads, and there was no way to really, you know, see a project, see their development, see the progress, and that's what I wanted. And so I thought, well, there's a platform here for essentially enabling to see, to enable these projects to be properly become alive, and enables transactions to happen.
And it's gonna take the the the contributors like myself into the project, feel feeling a part in a member a membership of the project Mhmm. And, and sort of seeing the impact as it happens. So that's sort of the story that, I came at it from. I had sort of this this sort of vague general idea that that Bitcoin could really, displace, like not just displace, but, like, augment the the degree of of free floating capital around the world. And, you know, only later so so and then after that, what happened is that I met Stelios, my cofounder, which together we we kind of made this this project happen with a lot of, kind of work together, and then the third team member came out as well.
But, ultimately, the the the the big realization came when we saw that a GoFundMe, Kickstarter, Patreon only work in a few countries. Right? I think that GoFundMe works in less than 20 countries. Kickstarter in alone around 20 something. And I think Patreon and a few more, but with quite a few hops, extra charges, and terrible user experience. And to me, Bitcoin as a Bitcoiner made so much sense, so obvious, that I was just like, how's nobody built this? Like, this is so obvious. And so, we built it out, put push it out as a as a, a sort of as a pilot project with one single project from this guy named Apata Johnson from Nigeria who want to do a a workshop event around Bitcoin in Nigeria.
Mhmm. And we're we helped them raise $2,000 in just a few weeks. And, yeah, that was just, that was the end of it. It was the the beginning of it, and it got so much traction that we thought we realized, like, okay. We have something here. And so that was January 2022 that we launched. Now we're in 2025. A lot has happened since. We've learned a lot on the way. We keep improving and iterating. But what's most important is that we've now contributed over 1,500,000.0 in in dollars in well, 42 through 43 Bitcoins, so that would actually be around $44,000,000.
But, like, in terms of the dollar amount sent, it'd be around, $1,500,000 that is contributed peer to peer between contributors and and and receiver all around the world. And there's so much to say about that because it is really truly inspiring the amount of, kind of collective energy the Bitcoin community is putting towards making these kind of these Bitcoin ideas happen and making Bitcoin adoption happen around the world.
[00:06:30] Unknown:
Well and I think what's so important what you're doing, Mick and so congratulations. Like, this is amazing. And we obviously, you know, you're first to market in in this space, and I haven't seen anybody else do anything of this nature. You know, a lot of times when you're doing fundraising, when you're trying whether it's for an on, you know, a a business, whether it's a film, whether it's music, whether it's a nonprofit, whether it's a workshop, whether it's a weekend event, whatever, it's hard to get your reach. Right? And so the fact that, because a lot of people can just say, cool. I've got my website, and here's my QR code, and come donate to my stuff.
But if you're a part of the community of, you know, Geyser, when, you know, any of us, it's like, oh, yeah. I got a couple extra stats or a lot of extra stats that I wanna share. It's very difficult for the user to sit and go, I gotta go find this this website and this person and do the due diligence and la la la la la. And so the fact that you're able to aggregate everything in one site, I think it makes it a lot more user friendly for the donors and for the supporters, you know? And, and then you get this traction. Right? And then you're like, oh, wow. I didn't know that was going on. Well, let me because I thought I was just gonna donate to, like, an educational project. But, wow, there's a song out there or there's the thing. You know? And so it it creates more stickiness, I think, in the user experience, what you guys are doing. And it's just it's so, so important that we have, platforms and, you know, services like Geyser to to create awareness and let people know, like, hey. This is the next new project, and this is the next new circular economy, or this is the next new, you know, documentary about, you know, this, this, or that, you know? And and it I I love I love what you're doing, you know, because it makes like, anytime you have friction in any experience, you're gonna get less, of the desired outcome that you're looking for. You know? Marketing one zero one. Right? Like, how do you make it easy for the the consumer to Yeah. To get what they want. You know?
What's been your biggest, success story that you can think of, you know, like, that has just, like, moonshotted on Geyser?
[00:08:49] Unknown:
Yeah. I yeah. And just to to kinda kinda also mention what you were just, alluding to, but, definitely, Geyser, we said we pride ourselves of being kind of user centric and being very, very focused on creating the best possible experience for for our users because, ultimately, they are what we consider the heroes. Like, the heroes are the Bitcoiners that are launching their projects, that are looking to push Bitcoin adoption forward in some ways or raise funds for whatever impactful initiative and also the contributors that are making it actually a reality. And so in terms of, like, some of the the the key big success stories, I think it probably would have to be the first round of projects that launched on Geyser in, like, 2022, 2023.
They all, were part or many of them were part of the, let's say, call them, like, the first cohort of Geyser projects. Many of them won the Geyser grants. So these are essentially separate sort of separate, platform that, kind of gets funding to some of these early projects and were funded by some Bitcoiners, yeah, back in the day. And we're still doing them from time to time. There's still one now, around Monster WalletConnect for a developer out there. But before, it was actually it was, 1 Bitcoin, which now is worth a $100,000. Back then, we had a 1 Bitcoin going probably for around $1,520,000.
Oh my god. We're doing I know. Crazy.
[00:10:18] Unknown:
I I I love that we're at over 100, but I'm also like, oh, I wish I had another kidney to sell when it was at 15,000.
[00:10:26] Unknown:
Yeah. It's really quite something. Right? So these projects were, like, in the middle of the bear market. They were doing, so we had projects that were new, and now they're considered the staple. Right? So we have Bitcoin launched Yes. On also on Geyser. They won a Geyser grant. They were super small. They were doing a few courses. Then Geyser I think Geyser grants was, I think I believe, one of their first maybe their first grant. And it was that's how early they were. There were so many projects. There were so many project. I think we funded over around 100 projects, And a lot of these are the products that you see today as being, like, you know, almost really well recognized. So that's what guys is really great at, at launching new project ideas. So on Twitter, on Nostr, on Facebook, these are all essentially the the the essentially platform, platforms for individuals mostly. Right? Mhmm. And they're essentially your identity layer.
And Bitcoin is and and Geyser is like a second layer on top of that, and those are project ideas that leverage the social network, leverage reputation to enable funding. Right? And so, we pair that kind of community funding with the grant funding, and we're able to really power a lot of funding towards these early projects, that we're able to then continue growing and become platforms like Bitcoin, but also BTC trading cards. BTC trade trading cards first launched on Geyser. Yeah. Aladdin. I love Aladdin. Aladdin was absolutely like, my podcast was the very first podcast he ever did. Oh, wow. He's a he's he's a scoop of you. Right? He's so good. He's an incredible human being and, beautiful heart and an incredible talent. Yep. And I think it'll become one of the biggest brands in in the Bitcoin. And I still regret not buying one of the boxes. So the boxes that you could buy on Geyser, they could you could buy that for $500.
Right? You can now you now have to the series one now go for around probably $3,040,000 dollars. What? So, yeah, it basically it it essentially, it it, it completely blew out of the water even Yeah. Bitcoin as,
[00:12:51] Unknown:
I believe. Right? I think so. Yeah. Definitely. Yeah. Definitely. It it does. Well and it's so interesting too because, like, he took something that's a scarce resource, which is trading cards, You know? Because he was into trading cards prior to doing Bitcoin trading cards that he was creating, and he was getting all these, creatives in the space to contribute. So it wasn't just, like, him and one artist. It was like, no. How are we gonna get the whole community of creatives to participate in BTC cards, trading cards? Exactly. And so he really, really took the ethos of Bitcoin and ran with it. Right? And and I I I love his success story so much. It just it it it it tickles my heart.
[00:13:34] Unknown:
Yeah. Yeah. It is it is absolutely true. It's, that Bitcoin. These are Yeah. Yeah. And, like, I think that's kind of the reason why we really launched Kaiser is, like, to enable and it's really interesting because everyone comes with certain talents and certain skills, and then they meet Bitcoin, and they're like, how can I give back? Yeah. And how can I contribute? After a few years of being in between, your list start getting tingly. You're like, how do I get involved? Right? Mhmm. And so that's kind of one of my kind of call to actions for you if you wanna name it that way. It's like everyone has a role to play Yep. In Bitcoin. Right? And Geyser is a really good place where if you have an idea, if you have a, you know, like, a even a big project, put it out there.
I would suggest first get communities, you know, feedback and see what people say and iterate on it. But then it's it's just so great to see it, the social trust and the momentum around the project showcase on your project and help fuel even further. We had another success story, I would say, probably this week. We had this project, the from the University of Sofia in Japan. These girls that are doing, Bitcoin education. But also not just Bitcoin education. It's like literacy program and all sorts. There's actually university students, traveling to El Salvador and doing all sorts of, educational sort of empowerment courses and also Bitcoin education.
And, it all started with, sorry, with one really big donation of $10,000, and then sort of kept on catching momentum. And then, I don't wanna say, but they they raised, quite a bit of money, I think over $30,000 Yes. In just, like, a week just from the momentum of people funding and seeing how Yeah. How important and how how good the project was. And and that's why geyser because geyser is essentially this this kind of compression of force that's made possible by the community to make these beautiful displays, kind of become evident and and kind of become real. Right? That's what the geyser is. It's the the community pressure
[00:15:39] Unknown:
that that makes ideas come to life. Kinda. That's the idea. I love hearing that. And I think about that that social proof. Right? And social proof is one of the biggest buyer's decision. It's trust and then social proof. And so it's trust in the company, and then you have social proof of the trust. And social proof is trust, basically. And so when you think of buyer psychology, those are the two biggest ingredients of why people will make a decision. And fear, unfortunately, people make decisions based out of fear, and that's another buyer psychology metric. How do you because I'm I'm experiencing something right now. I'm being communicated with by an organization that wants to, here, come support us, la la la. Right? And how do you vet or do you vet to make sure that, like, this isn't just, you know, send me some money in Nigeria kind of thing, you know, or whatever this the the scam of the day is kind of. Like, how are you, if able, to to kind of,
[00:16:47] Unknown:
plan Really good question. Yeah. Really good question. And it's sort of it's a fascinating question because it's it's a question that's, so yeah. Both super old, that goes back, you know, the beginning of sort of humanity as a social being. Mhmm. The nature of crowdfunding, which is social, and I think really the the future of the web as it's changing then through different, you know, social social web graphics and social graphs that we created. But and also to touch on the points, there the way that we see the function is, trust and reputation of the individual, and you have the, the the proof of work. Right? How much work is someone actually doing towards that project idea? Yeah. And then finally, actually, the vision and the impact. Right? So you want, you know, the vision and the impact being good and then, you know, like, really a product having impact. Think of Bitcoin trading cards like that. K. That will leave an imprint Yeah. Maybe. Right?
If you, like, you know, squint squint and look forward. And so those are three key variables. And if you lack trust, you're only left with proof of work and envision. Well, maybe there is something there in that project. Right? So, you know, maybe there is something because the person that's doing something, but they've literally have no no social, reputation. Well, that's likely not gonna go very far. Right? Social trust and reputation is super important, and there's no, like, there's no sugarcoating it. There's no, cutting corners. You you have to work on that. You have to build your trust.
And then you also have you know, if you have social social reputation and you have a a vision, but you don't have the proof of work, well, people are like, well, how do I know you're actually fully invested in the idea? Right? Mhmm. What are you doing? What do you how would I be done? Like, show me the proof of work. Show me the energy that you put in. Where should I invest my money in an idea that you are not investing in? And then finally, there is you have trust. You have, proof of work, but your vision is just not good enough. Well, in that case also so these are three key things that are super important.
And and, and these are the three things that we look at at Geyser for a project. I give you a project. So we try to keep a fairly open approach. Initially, we were super open. Anything goes, we've learned actually the hard way that actually, some vetting is actually very valuable, really important for the for the for the for the for the platform to have a a brand that people can trust. Really, that's super important. Right? So what we do is we have a set of rules. No crypto, no NFTs, sort of no scammy, yield things.
You know, like, we we follow sanctioned regulations, so no projects in countries that have sanctioned or are in conflict. Because if there's a a war and funds are going to a place Yeah. We cannot at all verify where those funds are going. So we've taken the hard choice of saying, you know, it's probably very, very high need for funds to go there, but Bitcoin can take care of that. Us as a platform, we, we think there's there's much more risk than than reward in us managing that. And, also, again, making sure that the funds are going towards that proof of work and that that vision and that impact. We cannot verify under such delicate circumstance. So that's also something we do not do.
And, yeah, a few sort of rules like this one, like no spamming type of thing. And so we do some filtering based on these things. But at the same time, we do not want to cut off someone who has no reputation Right. Necessarily just because they might have a good idea, and then they also have, you know, a good a good vision for the future or, have want to have an impact. So that's where we sort of try to leave it a little bit open, and we let the, you know, the projects, yeah, we we we, yeah, we sort of sometimes we also reach out and we have conversations, see where the product is at. But we, as a small team, we cannot do that, you know, to the full extent that that we would wish. So, hopefully, that answers the question. It's a bit of a there's a few there's basically a system of filtering, and, and then there's a the social graph itself is the filter, because you can see people, okay, clicking up a few person's Twitter profile.
I I forgot to mention this. You have to connect your social profile to a project in order to launch it. And that's, again, to connect your social profile and see how real you are as a creator of a project.
[00:21:23] Unknown:
Totally. And and I think, you know, in this day and age, it's it's unfortunately, we've got bots everywhere. We've got all of these, you know, AIs that are, okay. Cool. We're gonna blow up this channel or blow up this thing. And so when you're dealing with certain projects that, you know, might be in different countries, you know, it's one thing to say, I'm making an album or I'm making a documentary, and do you like this concept? Cool. Great. Awesome. You know, fund my project. It's another thing when we're looking at and and, again, this I'm just correlating this with something I'm going through that's, you know, literally 4,000, 5,000 miles away that I don't have the opportunity to go do a site visit.
And so I'm like, well, who else is doing a site visit at this place? Because I do site visits at, you know, another orphanage or another place that I wanna support, and I realized, like, yes. You're legit. Show me your books, and I will help you raise money kinda thing versus, you know, when you're seeing something where people are trying to raise, like, you know, several Bitcoin, which is a lot of money, and and you don't have the social graph. Right? But you just have, like, kind not and I don't wanna say it was just bot generated post, but it's you know, you'd you'd wanna cover your butt. Right? Like, no like, we are all wanting anybody who goes to geyser.fund is interested in supporting the the future.
It's interested in supporting important projects, you know, of whatever category that you're, you know, excited about. None of us wanna accidentally blow our our Bitcoin in the wrong spot. Right? And so so there's different levels and layers, I think, of due diligence that we have to approach. You know? And as Bitcoiners, we know, you know, d y o r and all this, but it's like, so so I think that's an important layer. Do you ever, you know, obviously, you said you did some, like, you know, you might got you guys might do some follow ups or, you know, before and afters. Like, to me, everybody loves a good makeover.
You know? I always think of, like, you know, the TV shows with whether it's a house makeover or a person makeover, or whatever makeover, a community makeover. Like, people love before and after stories, you know? Can you help us understand, like, how you guys are, you know, using that model and sharing your before and after stories for folks?
[00:23:53] Unknown:
It's a really good question. And, yeah, I I agree also on the point on on filtering and making sure that projects, are I just do wanna mention though something there that I I think it's it's it's, it's sometimes important to give, like, the benefit of a doubt of projects. And at the same time because, again, again, there's all these people that just do not have access to, to funding. But I agree that there is a there is a trade off there to to be sought. And Yeah. You know, we've learned in time that, actually, there's a really important role in in in filtering, making sure that the quality is high. And, yeah, we're sort of actively working on that to improve that, and any feedback is super welcome as well.
In fact, I did like your idea of having a way to, to basically be able to, like so if you do if you do essentially some degree of validation to be able to then share that with the community, through Geyser where you can then, you know, see what are other people saying about this project and I'll have others verified because we've seen that a lot, you know, with some people actually going out and do the due diligence. But then that remains that research remains, isolated, and, actually, it should be spread out. Right? Totally. And, yeah. So that I don't know if you have something to say to that, but the other point you made around, showing the before and after, we yeah. We're working actually on a on a on a report, that sort of helps to clarify the impact that certain projects are having.
Again, we're we're the small team, but the these things are super impressive. The idea is basically that we make the platform, really easy Mhmm. For creators to post updates. And and that's sort of what we do is rather than us that we are not we have removed also hundreds of thousands of miles from these places, us doing that. And, you know, we ask our project creators quite often to share an update. You know, we send messages and reminders, you know, share an impact impact post. And the cool thing is that impact post goes directly into the email of all funders. Right? So there's a feedback loop.
There is that sort of, yeah, that that that that is sustained by the creator himself. Because ultimately, that's that's what matters. There's no better storyteller than the project creator themselves.
[00:26:10] Unknown:
So so so when the project creator shares an update, anybody who funded that, like, project gets an email on that particular and then does that also go out to your wider audience or just the people who funded it? Anyone who follows the project and has an email,
[00:26:29] Unknown:
will receive the that email. But the creator also gets to decide, does it go to all my followers with an email, or does it just go to my funders or this product purchase or something like that? But, yeah, that's exactly right. We have sort of enhanced that so that the communication kind of is is more, creator to con to to to followers, so that we don't have to, you know, be middlemen necessarily of of but I but that is super important. Like, we mentioned Bitcoin, Bitcoin trading card. These these should be into into big hero hero stories. Right? Yeah. And that's what and and I think that's what people
[00:27:06] Unknown:
you know, I I I'm consulting an orphanage down in El Salvador, the House of Life. They set up a Geyser account recently or, you know, I I kinda helped them, but it's their thing. They're just like, oh, we just do monthly newsletters. I'm like, okay. Let's think about that. You're trying to catch fish to eat every single day, but you're only putting a line in the water once a month. Your job as an organization is to communicate with the current people who love you and support you and possible new folks. Right? And the well, we don't wanna bother people. You're not bothering anybody. Because guess what? How many emails do you get a day that you don't open?
You know? And so if you only throw that line in the water once a month and, if that just gets neglected on whatever the first of the month or the last of the month or the fifteenth or whatever, like, you've lost your opportunity to engage and connect with the people who care about your mission and your project. And so you're not bothering people. Like, people will not open your emails if they're annoyed with you. But if you don't send them enough, they're not gonna understand what's happening. Right? Like, woah. There was a baby, or there was this new place we built, or there was, you know, we had this success event or any of it. And so, realistically, you know, if you're getting an open rate of, you know, 20 to 40%, you're doing decently with emails. Right? Anything above that, okay. Great. But, again, you've it it's the more consistency that you can share, like, ahas and wins and calls to action, and, you know, people want to hear that if they're they care about you, and you're not a burden. Like, they don't wanna hear about, here's the next, you know, fat cream for your cellulite.
Okay. Well, I like that, but not not everybody needs that. But so I think helping to educate the the, the creatives and the project folks that, like, the more that you have touch points with your supporters, you know, the better they feel and the better your project is gonna do. You know? And and so I think overcoming that thinking, like, well, I don't wanna be a burden. You're not a burden. You're awesome. And we love you, and we wanna hear from you. You know? Yeah. Absolutely.
[00:29:34] Unknown:
Yeah. Absolutely spot on, and we yeah. We we have plan to do much more also in the front and, again, and educating and informing creators to share updates. Right? Share updates, show the prize, celebrate every win. Right? Yeah. Because, again, you're you're you're reaching out to all these people that have already funded you and already do like what you're doing. Right? So I absolutely agreed. And, it it's it's, it's hard work. It's
[00:29:59] Unknown:
yeah. Yeah. It's super hard work. And and and I love the idea of celebrating every win, but also broadcast your losses. Right. Like, what happened? Oh, there was a giant storm. And, you know, so the the house of life right now down in El Salvador, they had, you know, it's rainy season, and so there's certain areas of their their facility that don't have windows. And so when it rains really hard, well, guess what? Instead of taking care of the babies, they have to go mop up all the water and squish it out, you know? You wanna you wanna highlight the problems, you know, that you're solving for and highlight the, like, oh, shit. You know, this happened. And and so, you know, not doing it in constant, you know, you wanna you wanna have a harmony, I think, with your communications of like, yay. The baby was born and, oh, shit. There was a hurricane.
Okay. Awesome. We planted a garden with food. Okay. We don't know how to we need a wheelbarrow to get it to the market. You know, whatever. Like, keep telling people your story, and the more that they get to be a part of your journey, and and then however they get to support it, whether I call it time, treasure, and talent. That's what a lot of, you know, marketing people call this. Even if you can't donate in Bitcoin, it's like, well, maybe you can, you know, put some posts out there and repost things, you know, and share the story. Maybe if you have time, you can go visit the place, right, and contribute in that way. So so I think, you know, the more that we can use, you know, platforms like yours to communicate what's going on with the projects, you know, the more success the projects have an opportunity to, enjoy.
[00:31:39] Unknown:
Absolutely. Sense. Yeah. Absolutely. Sorry. Just, retweeting the the broadcast. But, yeah, definitely, I think that this sort of story and and getting people to sort of feel part of what's happening, the product, the good and the bad is is really, really great.
[00:31:54] Unknown:
Totally. We'll check it out. I thought we could make it a go live here with your website, if that's okay with you. Mhmm. Here, we'll go here, and you and I will be here on the side. So, so for people who don't know, you know, you can go to geyser.fund. You set up an account. You can use your Noster, address. You can use, you know, how there's a million ways, you know, you can get in and log in. Like, right now, my soul sister, Becca Becca Ameli from Anchor Watch is dealing with cancer. And what's really neat is we're putting together, you know, different people who wanna help her with her cancer fund. Right? We've got an orphanage in Uganda. We've got all of these different projects that you guys can go get excited about. Women of Sochi Cooperative, just did a big event this last weekend. They had a wonderful workshop, and their goal is to teach women about Bitcoin.
[00:32:54] Unknown:
And you're close to them. Right? You're you've,
[00:32:56] Unknown:
I I mean, I say I'm I'm I I I wanna interview them. I was talking with, somebody about having them come on and do a podcast interview, and I was just like, you you know, get some somewhere where you can have, you know, a good Internet connection and, you know, a a video. And she was like, I'll get back to you. And and I know they just had this big event. So I was like, let's recap your event after, you know, when you when you have time. But this is the issue, like you said. A lot of folks like this. Right? Women of Satoshi, for example, they're in Malawi Malawi.
They don't have, like, a huge social network. They're just doing these little micro events. You know? And you look at, like, BTC data with Lorraine Marcel. She's blown it up over there in the continent of Africa, not just certain countries. But you have to start somewhere. And just knowing that we've got all of these little micro projects out there, you guys, seriously, $5 matters. It matters a lot to these folks. Okay? And even if we look at places in, you know, for, in El Salvador, for example, because that's a statistic that I understand. The people there make a couple $100 a month a month. That's a standard wage for many, many folks. So imagine living on a couple $100 and somebody gave you $5 for a project or for, you know, something that you're working on. That's huge. That's a lot of money. And so for those of us Bitcoiners and, you know, humans who are listening, like, you never know, like, depending on where you're making a donation with Geyser or just directly to these folks' websites, like, the the differential of of purchasing power that our our our units of account, our Bitcoin, or our dollars have can be life or death for people, can create an opportunity for exponential, peace, exponential love, exponential prosperity.
So don't think that like, Oh, if I just donate $5 or if I just donate $10 or whatever it might be, it's not going to make a difference. It makes a hell of a difference. Okay? And so just remember that. And, you know, having the opportunity to go to El Salvador, you know, for the third time and visit the orphanage, visit Mercy Life, visit these different places, every little bit truly, truly helps. And you think like, no. It it does. And so Geyser is such a great platform for bringing people together and educating, like, how can we make a difference, you know, and change the world with Bitcoin.
[00:35:45] Unknown:
Absolutely. If you wanna have a quick few search in there and look at, if, click click Berlin. Right? Tap in Berlin. Right? Oh my god. Because there's the not the Berlin one, that one there. No. The the one on the bottom left. Berlin Wall Street? Yeah. So this is actually a really another really cool example of some of this. Cool. So this is a local it is a local El Salvadorian guy who just discovered Bitcoin. Right? And he was able to raise click on the top right there. You should be able to see that. Yeah. If you click on there, you'll see the total raised. Mhmm.
[00:36:20] Unknown:
Which is weird because it says it's a Yeah. If you click on there five, but you've got more than this down here. So tell me which one to it. Click on there. Yeah. Click there. There we go. Okay. Got it. Yep.
[00:36:31] Unknown:
That's a bit under there. So, yeah, almost $3,000. And this is the first time he's ever done a crowdfund. This is the first time he's really used Bitcoin properly. And look at what he's done. He's embellished the entire town of of of Berlin with, a wall muralist. He brought 20 different artists into Berlin to to to paint the entire city, the entire town, I should say. Right? And if you go on the updates, you can see the final also the final impact. You're talking about impact.
[00:37:00] Unknown:
Oh my god. Final.
[00:37:02] Unknown:
That's if you look on that post, you should see the entire like, the changes that that has have been enabled. Thanks. So just $3,000, sent by Bitcoiners all around the world. And we did the math, and I think, basically, it turns out that I don't say 60% of all donations came within Salvador, but 30% came from outside. And, again, speaking to the global, we have people donation from donating from Nigeria, people donating from Australia. And this is this is I think, really, I think Bitcoiners don't say this enough, but the Bitcoin community does exist, actually. Oh, yeah. Does not no. It exists, and this is, like, pure proof of it that Bitcoiners around the world that, are making, you know, change happen. And Bitcoiners are founded on, shared beliefs, on shared practices.
Right? And, and, sort of principles. Right? And, this is the change that's happened thanks to Bitcoin and Bitcoiners. Right? Bitcoiners are changing the world, and this is one, I think, small example iteration of that.
[00:38:13] Unknown:
This is amazing. So and I love how it's broken down here too. Right? Like, each of the artists get this many materials. Right? You get your 25 cans of spray paint. You get your rollers and brushes. You get, you know, anything you need for a mere a mural. You know? So each mural is, you know, $4 or however. It's so important, like, as donors. Right? One of our biggest fears, you know, and this is one of the things I'm working on with the, with the House of Life and with other nonprofits that I advise, if people don't know where their money is going, it's very difficult to make a big donation.
You know? You get, well, okay. I just donated $20 or $20,000, and I hope it does some good. Right? And so have you guys I I don't know. Just whatever. I'm thinking out loud here, Mick, so bear with me. You know? And I I think of, like, you know, just looking at that Berlin Wall thing. Right? Because you had the, like, spray paint, and you had the housing, and you had the roller brushes and whatever. Right? Is it possible for guys Anything is possible. Come on, Stelio. It's your my your CEO. Let's go, Vikki. I'm taking notes, by the way. Good. And it's all being recorded, obviously.
But but if we think about instead of just you know, you can have both. Right? You can have the, like, donate to the macro fund of whatever. We're trying to raise $10,000 for this thing. And you could also have sub little, almost like a Shopify store. Right? So you could have the, like, sponsor 10 cans of paint, sponsor, you know, water. It's there. It's there. It. You guys already does that. You know, but but so each little micro, unit that needs to get sponsored to create the whole, that way people understand, like, yay. I got getting something tangible that way. Right? Yeah. And mentally, that feels good. Like Yeah. I and and you can do it on a, you know, one time basis or a repeatable basis because it's like with orphanage, right, as just one example, there's always a need for diapers.
This isn't a one time thing. Right? And so you can say, I'm gonna sponsor, you know, $10 worth of diapers each month, and they will never run out of diapers at the orphanage or wipes. And when I was down there in El Salvador visiting, guess what happened? They ran out of wipes. Oh, no. Oh, yeah. And so when you've got 10 babies, they they poop and pee, like, every hour. You can't run out of wipes. Nope. And so it was one of those, like, oh, we need to go get the wipes. And so but they had tons of diapers, but they didn't have the wipes. And so there's you know, you can put, like, a, a a stock list on it kind of thing. Like, okay. We're at capacity right now, but, hey. If you wanted you can do this instead because we really need this thing. Because it's like, we got the diapers, but we forgot the wipes. You know? Yeah. Yeah. Yeah. Yeah. And so when you're communicating with the the the supporters and the funders who care about you, use of funds is so important. And when you have that specificity, it gives you even more, like, oh, I'm at the cocktail party, and, hey, I'm I I buy baby wipes for the you know? And, like, whatever it is, again, that buyer psychology, that donor psychology.
And so if there's something for each of the projects that you're looking at, because it could be, you know, obviously, a a documentary. It's gonna cost me, you know, $10,000 to have an editor or whatever or 5,000 for distribution. Even breaking it down into more micro doses where people can feel like I made a I made a a dent. You know? I made a true dent in the project versus
[00:42:15] Unknown:
here you go. It's Yeah. It's in that little Yeah. Thing. So partly, we've we've kind of experimented for that. We do have a a solution. We call them goals. Like, you can set up all these different goals. Yeah. But, actually, I think I think you're absolutely right. We've been talking about this internally as well that it's not actually,
[00:42:35] Unknown:
it's not really
[00:42:36] Unknown:
a goal. It's more like, look. Help fund this kind of breakdown of the cost. It's a bit like a like a budget, actually. Right? Yeah. Yeah. Budget. You need have all these costs, and I can help fund, the baby wipes. You know? Then I could say, I'll send myself a reminder every month or every week to do that. Totally. So, yeah, absolutely. I think that's something that we are we're we're planning to do. And, actually, we are building out a new functionality, on Geyser now that will help Geyser really grow from being the most like, you know, like, platforms like, like, GoFundMe, like, the donations.
And then Kickstarter is, like, the Bitcoin product side, where however, you're missing currently functionality, which is the all or nothing functionality. Yeah. Actually, we're we're working on that. Yeah. The moment. Should be coming out in the coming coming weeks or months. And the idea is is that that you have this goal, that you really need to reach to make that idea happen. If you don't reach it, you cannot make the idea happen. Right. And so the money should go back to the funders. So that's gonna be happening. We're we're we're already working on it, and the idea is that it's gonna be really, I think, powering a lot more.
Yeah. Maybe not these, like, humanitarian causes that need to keep the funds flowing, and you can still do that. But it'll empower more kind of creative projects, you know, like films that have a high budget or, books as well have capital high capital, sort of requirements for the beginning, etcetera etcetera. You you probably you're are creative yourself as well, so I'm sure you you can appreciate the importance of that mechanism.
[00:44:22] Unknown:
Well and I think for again, looking from the user, or the donor perspective. Right? Mhmm. When you know, because if you're like, okay. Cool. I I like having that that cap of, like, it's not gonna get funded unless it's fully funded. Yeah. Right? That's right. And and because then it's like, well, where does the money go? Are you Yeah. Gonna just go pay for your electric bill or something? Or, you know, like, you really wanna be understanding as a donor that, like, your money is getting, used for the exact purpose that you want it to be used for. And so I really love, love, love this idea, you know, the way that we've we've seen with these other, platforms. It's like, if it doesn't get funded fully, you get your, you know, your pledge back or your money back kind of thing.
That that feels like you get a peace of mind, you know, and and not just, oh, well, okay. I because then you're not gonna get any impact reports, right, if something doesn't get fully funded. You're just gonna be like, well, that was just some sats in the wind kind of thing.
[00:45:31] Unknown:
Yeah. It's a big problem. And so, you know, I I myself funded some products that are were great. Beautiful game ideas, and they raised, you know, maybe a little bit of money, but it could never really take off because they didn't have, didn't get enough. So, yeah, that's kind of we know it's a problem, and so,
[00:45:52] Unknown:
hopefully, this is a neat solution that people will use. Well, let me ask you this, because I'm a nerd and an entrepreneur. Obviously, I care about, you know, creativity. I care about nonprofits. One of the biggest problems that I've seen out there, in startups is, you know, we've got the founders. They're excited. You know, whether it's, you know, again, a creative startup, whether it's just, you know, we're gonna go make a a tech company. If you you don't, you know, and you get VC funding or you get angel funding, and then, okay, have a nice day.
Do you think that there's an opportunity right now for, kind of like an incubator type space for helping, you know so instead of just funding these projects, we can create perhaps and this is all just downloading to me right now, so bear with me as I barf this out. Is there an opportunity to create masterminds with the creatives or with the nonprofits and then have, you know, whether it's weekly, monthly, I think weekly is better, of course, more consistent opportunities so that, you know, I used to be a member of EO, entrepreneur organization. It was YEO back in the day because I'm old. But, you know, you would have all of the the fellow entrepreneurs, supporting each other, you know, and teaching each other like, oh, don't do this. This is the this is the wrong way to go about your operations or your fundraising or whatever. And so, you know, as we understand as independent creatives, as independent entrepreneurs, etcetera, it's very, very lonely and challenging out there to get your projects to market. And not only to get them to market, but to get them to market that are in a sustainable manner so that they're profitable, and creating the impact that we seek. Is there anything that Geyser has been thinking about? And if not, I'll help you, to create some masterminds and, you know, we could get some of the top talent around the world in the Bitcoin space who can help with biz dev, with marketing, with fundraising, with distribution, etcetera.
[00:48:06] Unknown:
Let's do it. Absolutely. Like, it's it's something that we know is there. It's a it's an idea we've had from the beginning to having sort of cohorts
[00:48:16] Unknown:
Mhmm. All,
[00:48:18] Unknown:
basically, like, yeah, accelerator and computer type thing. Yep. But, yeah, we just haven't had we we tried out a few things, but we never really found the the right setup to make something like this happen. So Yeah. If you're keen, would love to explore this idea further. I think we probably wanna be able to I mean, if you think about creators, it makes a lot of sense, you know, and and that can include the, like, the the tools. But, basically, these, like, startup projects Mhmm. That guys are is aggregating a lot of. They all need some guidance. They need some, you know, planning. We were I'm open doing biweekly creator calls, and they were really successful. Actually, we had we had, you know, sometimes, you know, ten, twenty of the new projects that we're creating every month just to kind of know that there's a community, that there's also other creators that they can get to know. Yeah.
But, it was really yeah. We had to prioritize in the end, so we had to sort of slow those down. But we we definitely are are keen to, you know, to start with to start it up again. And, even if it's, like, basics, just meet up. You know, this is how Geyser works. This is the tools that are available. Yeah. And I'm like, how do how do you market your project? What are the you know, just basic feedback, like, about your projects? Right, you know, that can go such a long way. So I'm curious to hear your thoughts on on how you would do it and learn more. Yeah. Totally. And and and I obviously, we can jump on a separate call about this, but I think, you know,
[00:49:47] Unknown:
I I work with, Krista from Access Tribe, and so she does a lot of, you know, women's networking events. Right? And so she'll do, like, once a month, she'll have, you know, women's networking and Bitcoin. And, obviously, we're a small, population of women Bitcoiners. However, it's a cool way for us just to have kind of a, hey. I'm working on this project. Okay. Etcetera. It's not a formal mastermind. So I've run masterminds before. I've run, you know, community coaching and stuff. And and there's you know, you can just have the kind of like, hey. Everybody has, you know, one minute to pitch what their project is, and then you can share feedback later.
Or you can have more, guided things where it's kind of like, alright. We're doing a ten week series, and we're gonna get you from point a to point b, whatever it might be, from product development to getting it out in the market or from, you know, going from x number of users to x times 10 numbers of users kind of thing. And so I think, you know, understanding each of those things that we could do to support the folks who are on Geyser. Again, most of the folks who are on Geyser as we see, we're looking at start ups, we're looking at creatives. Right? And we're looking at nonprofits.
[00:51:04] Unknown:
Those are part of the three Exactly. Exactly. You nailed it. We call them Bitcoin initiatives, you know, education, community, etcetera. Bitcoin products, including startups, software, hardware, you know, collectibles and support, and then humanitarum causes.
[00:51:20] Unknown:
Yeah. And I and I feel like all of these wonderful visionaries who wanna make their projects come to life, you know, it's one thing to have a vision. It's another to execute. And that's why we see, you know, 10% of businesses survive and 90% don't. And and it's difficult to execute if you don't understand, the way the market works. And I think right now too, as we're looking at AI, as we're looking at, I mean, holy macaroni and cheese. Right? Like, people's lives are getting completely displaced, you know, where you used to need to have, you know, a $250,000 a year marketing, like a CMO.
You're kinda like, well, I can just plug that into ChatGPT, and I can have my twelve to eighteen month content and media strategy. And I can go plug in all of my agents and go and figure out my my SEO, etcetera. And it's just like, well, what are all these people gonna do? You know? They still there's still a need for the the human resource component of all of us. And, you know, the machines are great, and I love them. And they are taking over some stuff, but we still need the human component. You know? And and so I think that we're gonna have a, I don't know. I'm just curious. Like, what are your thoughts on this? I mean, what are you seeing with, like, AI? I mean, I know this is a little bit of a tangent here, but, what are you seeing with the projects? And, like, is it are there projects that you're seeing out there that you're like, well, AI could do this or machines could do this, or is it all, like, yeah. No. We need the humans.
[00:53:01] Unknown:
Yeah. Humans are I think they're not going away. Definitely not. But, but definitely certain tasks might. Right? We're seeing especially when it comes to copy and images, like, the the the power of, you know, typing in a prompt and getting a beautiful image rather than going through a designer, for example. So, yeah, there will be some some some roles that will be that will be removed or shifted. Definitely. But then I think, ultimately, it just, there's there's there's basically, the way that I see is that think about Bitcoin in the very early days. Right? There was so much to build. Yeah. And think about now, well, there is still so much to build. So AI just helps us build faster Yeah. And build better. And so it's just about understanding what needs to be built, but there's always something to be built. There's we're just no stopping. Yeah. You know, as humans, we're builders. We're we're I think we're we're all engineers in some way, whether we are building educational systems, so the social layer, the infrastructural layer, like, the the sort of spiritual layer. Like, there's all there's always building to be done. Right? That's why we're here. Yeah.
Whatever it is to build, we don't even know what's the end goal, but we know there's something. So yeah. So I think that, a lot of creators are using chat g p t, but this is where I really, you know, kind of caution caution people. It becomes so obvious that sometimes you're writing using ChargeGPT, and you're not even thinking through what you're even writing. And that's a terrible idea. In fact, you know, there's a few products that are doing that quite a lot, and we're thinking of, like, have having taking some action because it's it's really degrading degrades the platform a bit. Yeah. It, shows you're not really thinking, and it's really a form of spam. Like, if you're just writing, you know, two, three posts a day using TrustpPT to get people's attention, well, that's, you know, getting close to spam in my in my opinion.
So definitely, you know, be careful with that. You know, use it to your advantage, but but don't make it like, yeah. Don't don't replace the human context because, ultimately, it should it should be improving and enhancing the content, not, you know, be, like, thoughtless stuff that gets gets thrown out there.
[00:55:21] Unknown:
I don't know if that's what that's No. I totally yeah. I totally agree. I just saw a post today, and there was a report on, just how when people are using AI too much and chat GPT or whatever the, you know, Claude, whatever, it's it's diminishing our our brain function, you know, and it's not making us critical thinkers. It's not making us, clear communicators, and it's basically making us, like, I I call it flabby brain. You know? Like, you're just in this, like, okay. I'll let I'll outsource my thinking. You know? And and so it's one thing to use it in conjunction with your own, you know, cognitive abilities, and it's another to try to outsource it because you're lazy.
I'm not gonna say who, but somebody gave me a birthday letter, last year, and I could completely tell it was chat g p t or, you know, it was AI driven. And they were like, no. It wasn't. I was like, yes. It was. You know? Oh my god. Yeah. And it's okay. You know? And I appreciate that they were trying to it was handwritten. It no. It was printed. Of course. Yeah. No. If it was handwritten, that would have been impressive. That would have been. That would have been extra mile. Right? Thinking and then you do the writing.
[00:56:33] Unknown:
That would be so bad.
[00:56:36] Unknown:
But but okay. So do you have kids? Yes. I hope you're not hearing them on the back end. And I love it. And I just can bring it on. And I let how old are your kids? Small. Less than one. Yeah. Yeah. And and so we think about these digital natives. Right? Like, my children, I have a 17 and a 19 year old, and they're digital natives. Like, they grew up with, you know, an iPad, and they grew up knowing what a website was. Like, I didn't grow up with that shit. Like, I grew up with a phone on the wall with the long cord, and it was ugly green, and you had to go hide in the other room so your mom didn't hear you talking to somebody. And it was just such a different world, you know? And and we think about the next level of what's gonna be happening with implants.
Right? And, like, oh, we're we're here, you're gonna be a a a superior, candidate for a job or a company or whatever because you've got this implant that you can, you know, translate all the languages or you can code super quickly or whatever it might be. Right? And and I think about, again, like, this this step ladder of evolution in technology. You know? And I think about how can we support again, coming back to Geyser, how do we support the creatives, the nonprofits, and the the businesses who in the communities, obviously, with the tools of the next generation, but without degrading their humanity, you know, and without degrading, you know, what it means to be a thinker.
We and and but I I even asked my children. I was like, if would you guys get an implant in your brain if it meant that you would get a job that had an extra zero on it? And they were like, yeah. I would totally do that. And so the the like, you the on the food chain or whatever, the chain of evolution, the children of your age, right, they're gonna just be it's just gonna be normal. Like, we have everybody has a cell phone right now. Right? Everybody has a smartphone or your smartwatch or whatever it is or we have a computer. You know, fifty years ago, my parents or grandparents would just be like, why why would you do that? You know? But it's ubiquitous now. And so when technology gets ubiquitous, now we're gonna have this other second layer of technology that's implanted in our body that is completely antithesis of Bitcoin because they're monitoring us. They can change the things that are going on. And, oh, well, yeah, we can teach you how to understand Spanish instantly, but we can also reprogram you to hate this group of people or whatever it might be. And so so I think we're when we're dealing with, you know, the evolution of technology and teaching, you know, these these project creators how to use technology to their advantage, I think there's also, like, guardrails that need to be there. But it's like, what are the ethical guardrails that we're looking at with AI and with the this tech?
[00:59:43] Unknown:
Again, I know that was a little bit of a No. I love it. I love it. I I think yeah. I'm I'm gonna have to say something to that. I can't I can't not say anything to that point. I think it's great. Yeah. But I think, my personal, personal thoughts on it, obviously, I I think I think because now Chargebee has grown so quickly, I think it's normal for for a lot for us to almost project forward and create a, like, a linear chart of, like, okay. Next thing is is that. But I I do think we're soon and I I am personally only now starting to understand, like, the limitations of Shashi because I use it quite a lot. Mhmm. I'm starting to understand the limits, and the limits are pretty are pretty big. They're pretty actually, basically, we're really dealing with a what a part of the brain of our brain is called the default mode network. Yeah. Yep. Default mode network is essentially, like, whatever you've done in the past, you're sort of the automatic brain that, you know, the thinking fast, thinking slow. Right? That's the thinking Yep.
Fast. It's like just everything is sort of automated based on other humans' actions. Yeah. And that's, like, one part one section of the brain, and that is not at all even, like, the logical side of the brain. All of the it's not even thinking logically. It's not thinking at all. It's just literally It's reacting. Certain Yeah. Stochastic, like, trajectories. Now, you know, basically then, people are already talking about AGI, but I think AGI is really probably between a 100 and a thousand years ago, sorry, from now, if we think about like, in my opinion, yes. Because we're dealing with a really, really powerful tool at at at, at a medically appearing, human and smart. Mhmm. And it's it's impressive, but it's really just a model. It's really just modeling, a particular set of predictive patterns.
Now there's a lot of I think we could get close calling it a type of intelligence, but it's, it's it's certainly not, you know, the the the span and and and breadth of human intelligence. There's no there's no purely it might seem like as a as a superficial statement, but it's actually a very deep statement, which is there's no emotional intelligence. Right? There's no which is a type of actually, a type of intelligence. There is no actually, like, logical, like, intelligence terms of, like, knowing why one plus one equals two. It just knows because it's been modeled to be based on experiences. You could model an AI to say that one plus one is three, not based on logical thinking or based on predictive patterns.
So it doesn't even have logic yet. Now could you integrate logic with AI? And and then, yes, that that then that's how you get to a truly smart, like, AGI system that integrates different forms of intelligence that make up a broader conception of the world. That's gonna be interesting, but I think I don't think it's as close as what we what we think it is, at the moment. And, also, just to to the point of when we do get there, when and, like, already now today, we all have our phones, and we already are cybernetic creatures. We already are interconnected. Our lives will not be able to even, now I wouldn't be able to communicate with you if it wasn't through the Internet, through computer.
It's like I do this every day. It's, like, part of our essentially, like, humanity now. And and that, you know, can be positive and can also be negative. And and you send send this forward to actually human implants. You know? Yeah. The you know, if it if it enhances humanity, you know, that's great. I agree that the backdoor question is very important. Like, I Cheers. Very important. So It's the biggest ones. Right? But just like but just like just like AI. Right? AI is in a similar way. You know? There's it's essentially and, like, social like, mainstream media and, like, every other technology there, it can be used to it can lead towards centralization.
It can lead towards decentralization. Right? Bitcoin so far has been a very much a a decentralizing force, especially through removing the the money printer, which is the greatest tool of centralization that there is. Right. It is a decentralizing force. AI is a centralizing force. Now can we create AI that is that is different? You know, there's all sorts of experiments out there, but it's ultimately how it's built. Right? Is it open source? Does it have any backdoors? Can people read and opt in other models? All these optionalities are really important. But, yeah, I mean, my my hope in all this is that, you know, I have no idea, and, I don't think anyone knows.
And and I think it it will, you know, it'll continuously just continue blowing our mind. I'm not saying it's not gonna happen. It'll completely blow our minds Yeah. Just like the Internet did, just like the the phone did, smartphone. It'll just completely be a mind blowing thing after the other, and it'll be faster and faster, but maybe not as fast as people think. The final thing I wanted to say was that goodness. I'm sorry. I'm forgetting my final thought. Yeah. Around, yeah, around technology enabling us to understand what also makes us human, what makes us different, what makes us special, and help us figure out what is it that we're building. Like, I'm really I'm really curious about how it can really truly lift humanity, help us discover ourselves, help us improve ourselves, but in our own terms, in a way that it adds agency instead of removing it.
[01:05:51] Unknown:
Yeah. And I think having like you said, having agency and being able to I mean, because, like, right now, what we're looking at is Black box AI in most of these, you know, services, whether it's ChatGPT, and the other things. They don't even know how it's working. Like, even the the programmers don't understand it completely. And we're seeing, situations where, you know, it's not supposed to, like, usurp what the the human user commands are, and the AI is just like, well, actually, I don't wanna shut myself off. I wanna still live. And and they're showing that between 7580% of these, scenarios where the AIs are not shutting themselves off when they're being told to.
That's that's like sci fi future weird shit. You know? And so when we think about that just with our phone or with our computer, that's one thing. But when we think about something that got implanted into our our physical, you know, skin suit, you know, that's terrifying. You know? And and and I know we've got, like, all this AI ethics and stuff that are going on, and I just feel like just in general as we see, like, the the technology is going way further than humans are keeping up with it with the ethics. You know? And, and not to say that everybody who's involved in AI has has bad intentions, but when you're letting this this wild beast run forward quickly and, you know, because we're dealing with, you know, whatever, The United States versus China and who's gonna have superiority with this technology.
So instead of being calm and cautious, we're just like, well, shit. Like, if they go further, then we're gonna be way behind versus, you know, kinda close. And so I think there's an issue, unfortunately, because we've got this, you know, global war of technology going on that we're not making the choices that are in the best interest of humanity being safe.
[01:07:58] Unknown:
Yeah. I mean, like like with Bitcoin, like what's the I was saying, like, Bitcoin is a new technology. Right? And if you don't adopt the technology, yeah, you might end up, you know, falling behind and end up you know, just, like, not adopting the the Canon and the the other type of technological warfare. Bitcoin is one of them. Right? And with AI, maybe maybe it is something like that as well, like, where it's you kinda have to yeah. I I don't know. I think you raised a really good point around the the ethics, but I don't know. My my feeling and, like, I'm no expert, but my my inclination is that a lot of it is sensation sensationalizing.
And if you look at who it is, it's, you know, it's, you know, Sam Altman. It's, Elon. You know, people that have vested interest in regulating these industries so that they can own the industry. Right? Just regulate it. Don't let innovation happen. Let us do it, and then we can manage it together. You know? To me, it feels like regulatory capture two point o for AI. Yeah. Because I I it's crazy stuff. Right? But to me to my mind and, again, caveat, I'm not an expert. But from what I'm reading, from what I'm seeing, AI is is modeling.
Right? Is your and it's predictive. You cannot you cannot ever predict, right, because it's based on averages on on models. Like, here's a thousand pictures of cats. Right? Now we create a model of what does a cat look like, and then you can ask it infinite times, what does a cat look like? And it'll give you a million times slightly different variations because because it and it will not be able to tell you why not why that. It just it's just, again, an average. It's like a statistical variance. Yeah. Yeah. Right? It's not thinking about cat. So in in that sense, I I don't know. Maybe maybe I'm completely off and I'm gonna be the guy who's just, I don't know, AI is taking over. I'm gonna be like, no. It's not. And then it is.
And then I but but I don't know. My this is my sort of my my kind of gut feeling, but I may be completely off. I I don't know. It's it's kind of I'm exploring it. Who knows? And and I think this is obviously the the
[01:10:15] Unknown:
the next frontier of understanding how this is gonna work. Right? Because we've got decentralized AI and LLMs, and we're learning other people are starting to have their own, like, LLMs and AI hosted stuff that's like, okay. I'm gonna train it on what I want it to know. Right. Now and I have a friend who, it's it's I'm gonna call it her boyfriend. She has trained in AI to, like, read every single book that she loves and then tangentially, what are other books that are important. And, you know, of course, movies, films, you know, podcasts, just anything that's, like, you know, related to the stuff that she likes. And it's like her companion, you know, and it's giving her advice, and it's like her coach and her buddy and friend and all of these things. And so so I think we have these two kind of experiences right now, and I'm sure there's lots in the middle. But you've got this, like, well, I'm trusting whatever, ChatGPT or Claude or Grock or whatever to go get all of its datasets over here. And then you're kind of like, well, I just wanna be in my silo in whether I'm left wing, right wing, purple wing, rainbow wing, whatever.
You know? I wanna train my my companion on my stuff. And so it's like, in both situations, you're not getting, I think you know, because you're getting skewed information from your own stuff, and then you're also getting more, like, well, are they including all the truth when we're doing these mega mega, you know, datasets? And so, anyway, I it's just to me, it's cool and it's fascinating, but I I know we kinda digressed or not digressed, whatever. We just went over on this Yeah. We wanted those beautiful fans at the I love it. And it's fun. I could go over here forever.
[01:12:04] Unknown:
Yeah. It is interesting because the world is changing, and we're trying to navigate it. And I think it's important that that we talk about it. Yeah. You know? Yeah. As it pertain to Geyser, I I don't know. I think, yeah, people are using AI. You know, we're I think it's a powerful tool. Yeah. But, again, I don't think it replaces humanity. It's, and I think people will realize, like, some people are still you know, I I heard here you've mentioned, you know, it's changing people's brains, definitely. And and I saw videos of people that are, like, getting emotional with AI chats and thinking that, like, oh my god.
People that believe that you know, essentially are told that AI tells you what you wanna hear. Actually, I think this is really interesting. Yep. Exactly. That's have to be careful because that's actually using emotional manipulation, actually. It's it's it's making you feel good about everything you're telling it. It's like, oh, that's a great idea. You know? Oh my god. Yes. Absolutely. You're super smart. You know? And it's it's that's that's sort of the the twist that Chargegbt is giving it to get you addicted. Right? Yeah. Just like that's the that's the dopamine hit of social media Yeah. Equivalent to chat to ChatGPT. And that's get gets you keep going, and then and then there's people ask all doing all sorts of, you know, you know, yes, like like, spiritual, like, discussions and, you know, getting into tears. And it's, you know, it's interesting. Like, if people are empowered by by it, that's that's great. But I'm just worried about as well about how it can, become a tool to, yeah, to sort of manipulate and
[01:13:54] Unknown:
make you dependent on on on Totally. I I know. I just I saw something. I think it was was two days ago that there was a a man and his wife, and they have a child. And this man was, you know, considering, like, you know, the the there was a question posed, like, because he trained his Chat GPT to be, you know, teaching him about how to do whatever x y z things, but also, like, his buddy and his companion and his, you know, obviously not physical lover, but, like, everything he wanted to hear was just, like, pat on the back. Yes. You're awesome. You know? Like you just said. And all of us humans wanna feel, like, that we're seen and that we're appreciated and that somebody understands us. You know? And so Yes. When we're programming these these AIs to do that for us, it disconnects us from the humans in our life. You know? And so there was a little video about it, and the wife was just like, you know, I he spends so much time with the machine.
You know? Like, we're not we don't have the same relationship anymore. And, you know, the interviewer is just like, well, if it was up to you and your wife or you and your AI, which would you pick? What did he say? I did not have a great answer. Oh, no. Oh, yes. I know. And and so she was, of course, just like, what the heck? You know? And she just was like, I don't understand what it's giving him that I'm not giving him. And it's called narcissistic bullshit, you know, because there's as a human being, you know, you're you're a dad, right, and and you're in relationship. You left the toilet seat up. Put the toilet seat down. You need to go change the diaper. I'm too tired to change the diaper. Whatever it is, the AIs are never gonna, like, confront you on day to day living with other humans. Right? And so, of course, you're gonna wanna pick somebody who's constantly just high fiving you and saying you're the best. You know? Again, like, every human being has some form of narcissism in them. Of course, we do. That's natural.
When it gets out of control and we wanna just only be seen and and, you know, lifted up instead of held to account of, like, being a good roommate, it's tough. You know? And so that was very it it just felt sad to me, you know, because I could feel the the mom's pain of just, like, he's it's almost like he's cheating on her, you know, in their relationship with this machine. And I had this conversation when I was in Vegas with, Tomer and Eric Kacen, and we were talking about, like, if you have an AI, is it cheating? And I'm like, well, does your partner think it is?
[01:16:41] Unknown:
That's the question. An AI, what do you speak to,
[01:16:44] Unknown:
as a friend or as a girlfriend or what? Anything. Just like, yeah, to get, like, your emotional connection. You know? And then when you come back into, like, skin suit land with your physical partners and you're drained, is that cheating? Or if you're, like, enhanced. So I think there's a fine line. Right? Because it can enhance you. It can teach you, like, this is how I have to go talk to my wife or solve this problem. That's great. And if it enhances your human relationships, that's a cool thing. But if it's pulling the energy away and then your human relationships are withering and then your technology relationships are, getting bigger, yeah, maybe that's an issue. You know? Because it's especially if you have children.
You know what I mean? And so anyway. So it it was just an interesting I think it's an interesting conversation that we're gonna all have as time goes on. And I think, you know, with the folks who are working on geyser projects, it's important, you know, if we're gonna do these masterminds, it's like, how do you utilize these tools to get your projects out there and not get accidentally hijacked, you know, into overuse here and underuse with humans or whatever it might be. So, yeah, I think this is an open ended conversation that we'll we'll keep working on.
[01:17:59] Unknown:
Yeah. No. Absolutely. Great. Fascinating.
[01:18:03] Unknown:
Well so okay. So it's almost, 01:30. So, what are the last things you wanna share with people? And then you and I can talk separately about possibly putting together some master mindy type stuff for the the the folks who are working on Geyser. And I think we can have an opportunity, you know, to put a twelve to eighteen month schedule together and get some badasses from Bitcoin community to come in and talk about biz dev or tech or marketing or distribution, whatever it might be. I think we could really support some of your projects.
[01:18:35] Unknown:
Amazing. Amazing. Yeah. Look. It's been a great conversation, and I think, if if I had, you know, any any any key, takeaways, I would I would really just say, you know, there's a lot to be built, and and and, you know, you are the we all are as Bitcoin as I think, some of the the key players in this in this game, in this this game of life and this in terms of the the the changes that are happening, you're gonna be empowered through time, thanks to Bitcoin, but Bitcoin needs work. Bitcoin will not, you know Yeah. Will not succeed, just by itself. It means humans. If you talk about living organisms, I think I think I I think I see Bitcoin more as a live digital entity Yeah. Than AI, actually. Like, Bitcoin is, is is a live digital being, that that empowers us through monetary value appreciation, but it needs us to do the work out there and, you know, let people know about Bitcoin, create tools on Bitcoin, use Bitcoin.
And so I said this many times, and and and Bitcoin for Bitcoin to really succeed, like Jack Dorsey said, it needs to become a medium of change in the next five years. Like Yep. So the hope is that people kind of learn about that and learn how important it is to you use Bitcoin to spend Bitcoin. And a lot of people that doesn't mean you know, I'm not advocating losing your purchasing power, but the more of your life you spend with Bitcoin, the less with fiat, the more your life will be appreciated by Bitcoin, the more you'll have to spend your bit Bitcoin to to to buy your your toilet paper and and your and so forth. Right? So yeah. So, you know, Bitcoin is not going away.
You know, humans are not going away. Let's build together, and let's build towards, you know, a a a better world. And I think Bitcoin can be a still even in the context of interesting AI questions, Bitcoin is still one of the most, if not the most interesting development in your in our in our lifetime. Yeah. And so, in fact, maybe the solution actually because as AI takes off jobs, and Sam Altman wants to give people Worldcoin, right, as to to combat, you know, the the the the unemployment. Mhmm. Here's Worldcoin, and here's this UBI. And by the way, Elon Musk also also do UBI and, you know, using probably some type of stablecoin, and, he also wants to add carbon taxes and carbon credits as well.
So the only way out is really Bitcoin. The only way out might be just Bitcoin and nothing else down the road where even social media and AI just become, like, tools of of just oppressive power and control. And, yeah, so let's build on Bitcoin. Let's build the build on build AI on Bitcoin. Let's let's let's let's look at these principles that we were passed on through Bitcoin and and, and enhance, like, our life and the life of humanity. But we have to do it, I think, in a grassroots way through Yeah. Individuals like yourselves that wanna spread educational Bitcoin and, build tools on it and so forth. So, yeah, I'll stop here. It's been a really good, great pleasure chatting with you, and, yeah, look forward to chatting some more. Yeah. Me too. And and everything you said, I echo completely. And
[01:22:23] Unknown:
I think, again, just the more that people understand, like, you can just do things. You know? We keep seeing all those posts on Nasr and, obviously, on Twitter and stuff or x, whatever. As Bitcoiners and and that's what Geyser stands for to me is, like, you can just do things. You can just say, I'm doing this project. I'm starting a film. I'm doing an orphanage. I'm doing a a business. I'm doing this new protocol. What whatever it is. Right? When people can start to remember that and get out of this old HR mindset that I have to ask permission from my boss or whoever hired me, you don't have to be that way. And so to me, Bitcoin fuses the magic of entrepreneurship, you know, and philanthropy and, you know, making the world a better place without permission.
And I love it. And I love what you're doing, and I love all the projects. And everybody listening, I hope you guys go to geyser.fund. Make sure you go to, you know, follow geyser on x at geyserfund, and then follow, Mick at meta mic fourteen, on x. But, we're so early, you guys, and it's so cool. And I'm so grateful to know you, Mick. It's just, like, an honor. And Pleasure's mine. Pleasure's mine. It's been it's been so much fun. And, yeah. And I know we we've had, like, a little connection for a while, and you've been on one of the summits that I had done previously. And so I just feel like the more that we can keep, you know, share sharing and celebrating each other's projects together, which is exactly what Geyser does, you know, the better off we're gonna be on planet Earth. So thank you. Absolutely.
[01:23:59] Unknown:
Absolute pleasure. Thank you so much for how much you've contributed in supporting, yeah, creators and, in many different ways. And and, I think you bring a lot of really interesting insights and perspective, and and I think,
[01:24:12] Unknown:
sort of a energy to to make things happen, to bring people together. You're really great at that. Thank you. Yeah. It's like, I know I have a little bit of a a sparkle inside of me, and I wanna use it for good. Definitely are. Definitely are. Well, thank you. And, yeah, let's talk separately. I've gotta jump on another thing here. But, let's you and I talk separately about this mastermind possibility for some of the the folks who are doing projects on Geyser. And then that way, we can help them not only raise money, but deploy it in a way that's gonna, like, be exponentially impactful for them. Sounds like a brilliant idea. Let's do it. Cool. Alright. Aloha, everybody. Thanks for tuning in. Peace, love, and warm aloha.
And, make sure you follow Mick everywhere and check out Geyser. Okay. Aloha.
Introduction to Metamick and Geyser
The Birth of Geyser: From Bitcoin to Crowdfunding
Geyser's Impact and Success Stories
User Experience and Community Building
Trust and Verification in Crowdfunding
Project Updates and Donor Engagement
Global Impact of Small Donations
Future Features and Enhancements for Geyser
AI and Its Implications for Humanity
Final Thoughts and Call to Action