As the United States celebrates Thanksgiving, I reflected on the need for censorship resistant Bitcoin. A recent incident with the F2Pool illuminates the need for active participation in what is allowed to flow through a mining pool and the need for constant vigilance by the miners. Remember, Bitcoin is for everyone!
BTC at time of recording: $37,116
Block height at time of recording: 818,129
News and Notes
https://www.coindesk.com/tech/2023/11/22/bitcoins-anti-censorship-ethos-surfaces-after-mining-pool-f2pool-acknowledges-filter/
Music Credits
Protofunk by Kevin MacLeod
Link: https://incompetech.filmmusic.io/song/4247-protofunk
License: https://filmmusic.io/standard-license
Ethernight Club by Kevin MacLeod
Link: https://filmmusic.io/song/7612-ethernight-club
License: https://filmmusic.io/standard-license
Website
Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info
I can be reached by email at [email protected] and on Twitter at McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!
[00:00:01]
McIntosh:
Hey, sat stackers. It's November 23rd, and this is episode 146 of Generation Bitcoin. I'm your host, McIntosh, And today's episode is Happy Thanksgiving. Before we jump into the market app update, just want to wish everybody, Certainly here in the United States, a Happy Thanksgiving, as we celebrate Thanksgiving today. I'm recording this, you know, 10:30 in the morning. We'll be leaving, going over to, family here in another hour and a half. I don't think I'll get this edited before I get out. If I do, it'll be up. If not, it'll be out later this afternoon. Regardless, it's getting recorded on Thanksgiving, and, I am thankful for many For many things in my life, including my listeners, so thank you.
We'll start with our market update. Right now, as I record, Bitcoin is at 37,116. Our block height It's 818-129. That's 818,129. Let me jot that down in my notes. Now that is not very different from our recording on the 19th. But in between, we did take a big drop. It basically, ironically, did exactly what I said. I'm not a genius at this, and and this is not trading advice. Of course, Patterns are patterns. I've done this long enough that I can I can see them, and it's just fun to do this to have a general idea of how things are going? You should never trade based off this. Of course, here at d c at Generation Bitcoin, what do we talk about? We talk about DCA and your Bitcoin.
Just dollar cost average it. Buy it every day. Use something like Strike, or if you could maybe trade for sets at a Bitcoin meetup, this kind of thing. Get that Bitcoin, as frequently as you can and just don't worry about the cost, the price of Bitcoin, I should say. So I'm looking at this chart. So, again, last week, we were talking about an upward channel that's developed developed, which is a bullish flag, Basically, right after I recorded so on Monday, Tuesday, after we recorded, we fell quite a bit, And then Wednesday, we went right back up. And then today, it's just kind of been muddling along. Now interestingly, we are under a Line of resistance at 37,500 that I've had on this chart for I don't know how long.
I do not know. It goes back a long way. I don't remember exactly when I put it there, but it was some time ago. And for 3 days, we have stayed under that other than brief, wicks above as they show on the chart. So this is proving to be a little bit of a resistance. Probably what we'll do Well, we'll see. I'm not gonna predict. I don't I don't want you guys to think that I'm starting to make chart predictions and I don't know. Whatever. People start relying on me and trading on me. Look. I'm not trading on this, just to be clear. So, Anyways, we we are at this point of resistance.
I do think that we'll ultimately get on through. We may go back down onto the bottom of the of the upward channel. I'll go ahead and put this chart up on, on Twitter. I post these occasionally. I'll go ahead and take a screenshot so that you can see what I'm talking about. I'll do that right now. And if you look if you look at this picture, you'll be able to see exactly what I'm talking about. We've spent A few days now well, we're on our 3rd day under this line of resistance at 37,500. And I didn't just arbitrarily draw that line on there. I'd have I'd have to look back to see when I had drawn that and why. I don't remember, to be honest.
[00:04:48] McIntosh:
The yellow gray is hot. I just made it, and I needed it this morning since I'm Recording
[00:04:57] McIntosh:
so early. Let's see. Must be that one. There it is. Got it. And I'm just simply labeling this today's chart action. We'll confuse everybody on Twitter, but you'll know. So you can see thre days well, really four days of resistance at that 35,000, Our 37,500 level, you can see the two sides of this ascending channel, in orange. You can see the Bollinger Bands There as well in light blue, the curvy kinda line that kinda snakes around, and then you see the blue line there of that resistance at 37,500. There's more resistance up above that. As you can see let me look at the bigger chart, at 38284, so 383, and then basically 40,000 up there as well.
You can very clearly see that. And I think what we'll see is we'll drop back down to somewhere around 36, kinda like what we did a couple of days ago. It's possible, but this resistance proves to be strong enough to do that. But until we break this lower Ascending channel, we will continue to grind up. We may go all the way over here in December, early December, To basically wear that 37,500 and that line of resistance or, excuse me, that ascending channel meet and and push on up at that point. I I suspect before then, we will have moved up to the upper part of the Ascending triangle and tried to break out. Well, we'll see. Interesting stuff. Interesting stuff. Next difficulty adjustment, November 25th. So coming up, and we're looking at a 4% adjustment. Man, there's just people are just throwing throwing hash power on the network.
I, as a miner, just man, it's just it's bad. 1.22 gigabytes of transactions. This is our saving grace because there's plenty of transactions. Transaction fees are high, and they remain that way. I've been trying to do some things, and, I may just have to bite the bullet and do it. I'm cheap. I'll wait for a while, but yeah. There you go. 4.05% difficulty adjustment. And if you recall, That last adjustment was 3.55. So we've gone up more than 2% and since just three days in that difficulty estimate. Alright. We'll go ahead and move on from there. Oh, you can follow me on Twitter at McintoshFintech. It's Mcintosh, f I n t e c h. So you can see that chart. Just pop on over there and take a look.
What are we gonna talk about today? I posted something earlier this week that I thought was really important, and
[00:08:12] McIntosh:
we're gonna talk about it.
[00:08:14] McIntosh:
It might be a little obtuse for many of you, but it's important, and I'll explain why. I've talked about this in different angles Over time, but Bitcoin is a censorship resistant, decentralized, Nongovernmental controlled, network. What did I post earlier today? We somebody well, actually, it was in regards
[00:08:45] McIntosh:
to this, so let me just just dig right in.
[00:08:49] McIntosh:
By the way, I I'm not really gonna report on this, but Binance, the CEO of Binance, CZ, has been forced to step down. This was by the SEC, a deal that they made, basically pleading guilty to some charges by the justice Department paying a huge fine, which for him isn't really that big, but it was a significant amount. I don't know. Not really my cup of tea. I didn't wanna mention that, I suppose. I suppose it's news on November 22nd, so just yesterday.
[00:09:27] McIntosh:
That's right. He deleted it. Darn.
[00:09:31] McIntosh:
Okay. Well, I'm gonna have to improvise. I showed a screenshot. Taking a screenshot of it. I did not. Of course, he did. Alright.
[00:09:42] McIntosh:
As everybody knows that listens to this podcast, I use brains mining pool. I mentioned this from time to time. I like brains. It's a great mining pool. It's actually the oldest public mining pool
[00:09:55] McIntosh:
in existence. What a mining pool is Is a way for so with Bitcoin with Bitcoin mining, it's become so difficult to mine a block. Essentially,
[00:10:08] McIntosh:
miners have started banding together, and this happened a long time ago, to pull their resources and mine. And then when somebody in the pool actually does mind that block, they share it. So it's it's cooperative, And it's a way to, you know, potentially not go for years without buying a block of Bitcoin.
[00:10:32] McIntosh:
I'll just pull up bit brains. It's b r a I I I n s. I I always get that wrong. I put 2 n's.
[00:10:42] McIntosh:
And just as a
[00:10:44] McIntosh:
point of reference to give you some statistics, they are showing 9,376 active users, so that's minors. They are showing 70,798 active workers. So that's, like, 8 actual a six per miner, if that makes sense, per person. And then the total aggregate hash rate is 6.297, so 6.3 Exashash. So the amount that you make when a block gets mined varies depending on how many minors that you, how many ASICs that you have running in the mining pool. Now here's the trick. Even with 6.3 Exashash, which is a decent amount, there's a total, by the way, of, like, 450 Exashash. This is, around, like, 1 a half, 2% of the total.
There's a statistic that I've seen recently. It's something like that. It's 1 point something Percent. Not very big, which means basically, one out of a 100 blocks gets mined in the brain's mining pool. And if you look at a chart, you know, even with 70,000 active workers, we still there are days when we don't get a block. We went we mined a block on 17th, and then we mined a block, 2 blocks, actually, on the 21st. Actually, I think we mined three blocks on 17th, but then the 18th, 19th, 20th For 3 days, which is the longest that I've seen, we went without mining a block. So even in a mining pool, It's it's not easy.
It's not easy, but that's okay. This is the life we choose. Right? Here's the point to all this. These mining pools to an extent control things, and they're very important. We don't want, for example, Maybe one country, the United States, for example, having too much mining power. Now that doesn't necessarily mean the Servers are hosted in the United States. It means that the mining pools are. Those mining pools are a centralized point that the government, if you want, or a corporate entity, could seek to control. So these are super important, and we always wanna be careful about them.
So one of the things that we've had going on Is this OFAC compliant transactions list or whatever, Bitcoin list? And what this means is that there's this entity, which I don't even know what OFAC stands for. The office of foreign assets control administers and enforces economic sanctions primarily against countries and groups of individuals such as terrorists and narcotics traders. Oh my gosh. Where did your money come from? You're laundering money for x, y, or z. This bureaucratic body Has come up with a list, Bitcoin addresses that they say Are being used by North Korea, for example.
I know North Korea happens to be on their list because the North Korean government, God forbid is engaged in Bitcoin mining and or whatever, hacking. Let's just make it really evil. And those Bitcoin were illicitly gained. Cue the music. Right? So we're gonna make a list, and then you, mining pool, you're going to
[00:14:36] McIntosh:
you're going to Monitor for those
[00:14:40] McIntosh:
transactions. You see where this is going. Right? And then if that Bitcoin, You're gonna monitor for those Bitcoin in it. And if those Bitcoin are used in a transaction, you are to block it. You are to not allow that in your mining pool. Now first of all,
[00:14:58] McIntosh:
there's 90,000 miners, or what did I say? 70,000 minors. There's 9,000 active miners. It's not the mining pool's responsibility To be censoring, and let's be clear, that's what we're doing, these transactions. The miners can choose to do that. The mining pool should not have that option. And yet earlier this week, that's exactly what we saw. I called it out as soon as I saw it.
[00:15:34] McIntosh:
Satoshifish from the f2 mining pool, which is, I believe, an American mining pool, posted saying Some somebody and people monitor Bitcoin transactions. Somebody noticed that they were not mining certain transactions. They were censoring them, and they called him out on it. And he said, well, yes. I'm not mining Chinese transactions or, I know explicitly he mentioned, North Korea and Xi Jinping. And I hope I said that right. The premier of China. He says, we're not mining terrorists, or we're not transacting terrorist Bitcoin, this kind of thing. And, unfortunately, he's deleted the tweet, of course, because he got such quick backlash from it. But this is the 1st known case of this happening.
And I was frankly pleasantly surprised because a lot of people don't understand the nuance of this. It's just a knee jerk reaction. Oh, North Korea bad. Yes. Ban them. Ban them. Ban them. Russia, bad. Ban them. Ban them. Right? We're gonna engage in economic warfare. That's not what so we're just moving from the physical to the economic. Look. Bitcoin doesn't care, and I've gone over this so many times. It doesn't care what color you are, what religion you are, what country you live in,
[00:17:06] McIntosh:
what your social status is, so on and so forth. Bitcoin doesn't care. If you have electricity, if you have Internet, and if you have an ASIC, you can mine Bitcoin. You can use Bitcoin in a censorship resistant way to make transactions. We're past the point where people like this can stop this stuff from happening. See, the problem is
[00:17:35] McIntosh:
You don't know what's going on there. We know that chain analysis is not perfect. We know that, You know, anybody in North Korea, people are very creative. We've seen this in places where there's harsh regimes. Places like, Venezuela, places like Cuba, where Bitcoin miners are kind of pirating, guerrilla, whatever you wanna call it, style Bitcoin mining and making Bitcoin. Why would we block their Bitcoin just because they live in a place that we don't agree with. How are we ever gonna have free trade And good world relations, if we block countries based on well, I don't agree with you over x, y, or z. I don't agree with North Korea. I don't.
I don't agree with the regime of North Korea. I think that's pretty straightforward, But why would I block all of their ability to transact with the international Market. If if blockades work,
[00:18:47] McIntosh:
Cuba would be a paradise. It used to be back in the fifties. See, this is this is
[00:18:56] McIntosh:
no, dear listener. I was not around back in the fifties, but it was. When Fidel Castro and I hope I get this history correct. I think I will be. When Fidel Castro took over and buddied up with the Soviets, and that part may I may be not
[00:19:15] McIntosh:
exactly getting correct, but I think this is fairly accurate. That's when we did a blockade, and I believe the rest of the world,
[00:19:26] McIntosh:
like Western Europe, I should say. Went along with it for a while, and then they said no, and they've gone on and done business, but we continued our blockade to this day. We're just now opening up here and there. I know during Obama's Presidency, they opened up airlines for a while, and then I think that got closed. I mean, it's it's crazy. It's like we're punishing these people. In theory, we're punishing Castro or whoever I think Castro's dead. I'm not sure who replaced him. That's sad. I should know that. But, You know, we're we're play we're punishing the government, really. But really what we're doing is we're punishing the people.
Because whoever's in charge, they make deals and do things and and and they do okay. They may do really good, but the poor farmer who can't get fertilizer because of the US blockade, Not to get on a side trail here, but actually, organic farming in Cuba has become very big simply because they could not get artificial fertilizer. Anyways, you know, It didn't help them is my point,
[00:20:46] McIntosh:
but here we are doing it again
[00:20:48] McIntosh:
or at least we're attempting to. So I said f 2 pool cofounder, and he was is the cofounder, ladies and gentlemen. So f2 pool, cofounder, ladies and gentlemen. Looks like f2 pool is now censoring transactions. Time to vote with your miners, fellow plebs. Like I said earlier, come join us over at Braiins Pool, or Braiins Mining Pool. And I Posted something about braiins earlier. I don't even remember. But, you know, it's very easy. Let's say I had a 1,000 minors. I do I do not. God, I wished I did. Let's say I had a 1,000 miners.
[00:21:25] McIntosh:
I could change the pool, you know, very quickly. Just switch.
[00:21:31] McIntosh:
As minors, we don't have to put up with this because I promise you as a as a minor in that f2 pool, that that will not be helpful for you in the end.
[00:21:42] McIntosh:
And in fact, for the pools that do not censor transactions, they will benefit. People will move to braiins. Brains will become a bigger pool, which will make it a little more stable, so to speak.
[00:21:56] McIntosh:
I thought that was important. I wanted to draw that out, actually. I tell you what, guys. I'm just gonna go ahead and stop there. I've been going on for about 15, 20 minutes. I I'm gonna go ahead and, I'm gonna leave it at that. That may be a little more than Kinda what y'all really want. I don't wanna turn this into a mining podcast, but just like nodes, Bitcoin nodes, these miners are a super important part of the network. Sensoring does not need to take place, plain and simple. Just don't do it because it's a very slippery slope, and you do not know who you're affecting.
And regardless of my feelings for whoever the leader of Cuba is currently, which I think is Oh, man. I'm gonna look this up. I think it's Castro's brother,
[00:22:52] McIntosh:
but we're gonna find out. Yes. No.
[00:22:55] McIntosh:
Who is the 3rd and current 1st secretary, so that's like the president. Okay. Yeah. So, no, it was not. It's Alright. Miguel Mario Diaz Conley e Bermudez. Bermudez like Bermuda. Sorry, buddy. I think I butchered that one. Is a Cuban politician an engineer who is the 3rd and current first secretary of the Communist Party of Cuba. So I believe it was Castro, Fidel, and and then his brother, which Maybe Miguel? But, no, I'm probably pulling that from this guy. I do not remember his name. For a brief period of time, they both died if I'm not mistaken. I know Castro did. Fidel. I when I say Castro, I mean Fidel.
I apologize if that's disrespectful. I don't really think it is, but I call Biden our president Biden. Biden all the time.
[00:23:51] McIntosh:
Trump for that matter. I don't care.
[00:23:53] McIntosh:
Yeah. So Castro and then his brother and then I think this guy. So he's now the 1st secretary. Regardless of my feelings for him and, you know, his policies and whatever, I'm more worried about the Cuban people, and I love to see that there is a Bitcoin community that is starting to flourish in Cuba, by the way. I've talked about that a little bit before. Alright. Enough about that. Let's roll right into Supporters. Yeah. Awesome. While I'm bringing this up, just, You know, where does this all lead? I don't I don't know. We know that, you know, these governments, these Bureaucratic, regulatory companies, entities like like OFAC, you know, they're going to be pushing.
We know that. And and and our job really is to push back. So I don't know what form that takes, But my miners and my nodes will not be censoring. And, ultimately, if that means that I have to move them, you know, to a hosting provider, say, In Europe or in South America, then that's what they do. I'm good with that. It's too important. I hope y'all realize that that's kind of the way I'm wired at this point. Maybe maybe you don't, and that's okay. But, these things really are important. So, anyways, Something to keep in mind as we watch this develop. This was all in relation to did Argentina win.
I will be keeping tabs on president, Malay who will take office in early December. I think it's, like, December 5th on his goings on. We had 2 boosts this week, though. We had an anonymous boost. I I I think we've got a regular anonymous listener. It's awesome. 500 sets, boost, no message. Friend, if you ever wanna tell me anything, just, boost away. If you do well, That's kind of public, but, you can always email me at [email protected]. That will change early next year, although I will probably keep that email set up for a while. But, yeah, you can always send me a message if you'd like that way.
So I appreciate that anonymous. And then also, Kyrin at Mere Mortals, sent in, his kinda regular, 2222 row of ducks, boost. And, yeah. I'll I'll read this out. Appreciate this, Kyron. He said I was just playing Macintosh. Balance is never the answer. Respect you greatly for that. Also, a healthy reminder that politicians talk more than they actually do. Amen to that, brother. Hope he can fix some things up. Talking about delay. But individual actions will solve problems more than any politician. I generally I generally Find politics to just be a complete waste of time. I yeah.
I appreciate that. I'm kinda there myself in a lot of ways, And he was listening via podcast guru, by the way, which is I like it. It's pretty good. Pretty good little program, but, In general, I agree. I think as we see the breakdown of fiat in these countries, though, I'm hoping. Let me put it this way. There's y'all may find this hard to believe. I'm actually a positive person inside. Maybe sometimes they don't sound like it. I'm hoping I'm I'm hoping that there are politicians who come along. We need people to take control, and I don't mean like as dictators.
[00:27:57] McIntosh:
But we need people to stop fooling around,
[00:28:01] McIntosh:
And, you know, making a bunch of money while they're in their 4 or 8 year time frame or 12 years or whatever, And in general, screwing the public, excuse me for saying that, but yeah. I don't know if Milei will be that. I'm not even convinced that Bukele in El Salvador is that. He has done a lot of good things. It remains to be seen how he will respond in the coming years. Now I believe he's running for reelection, which there's even controversy about that. I do know that a lot of good things have happened down there. Now I'm not one to say, well, the good things are gonna outweigh any bad Things that that person does. So we will just have to wait and see.
But I do hope because these countries are, I mean, just and I I talk about the United States a lot because it's where I live, but but there's countries all over the world that are a mess. The The EU is a mess. Let's be honest. It's a mess. Now that particular pickle, I don't know how they're gonna get out of because it's Such a bureaucratic tangle of countries that are together. In my opinion, and you may disagree with me on this, and that's fine, but The only way out of that is to disentangle those countries and dissolve the EU or at least Countries start pulling out of that like Britain did because they'll never get consensus in an EU that It's beneficial for the average person. They will just continue to enrich themselves. Now that's my opinion, and I I even hope I'm wrong because I don't see countries pulling out of the EU.
Although, like I said, Britain did, but, Yeah. I mean, we've got these situations developing in one way or the other all over the world. Not to spend too much time talking about this, but This is kind of the point of all of this stuff that's going on. Fiat is dying. Countries are exploding in debt. How are they gonna deal with it?
[00:30:09] McIntosh:
Argentina, 144%.
[00:30:12] McIntosh:
What Milei ran on is he's gonna go in there and gut the government. He's going to go in there and Dollarized country. He's going to open up the markets. He's gonna stop blaming businesses for their problems, which I think is a very interesting idea. I didn't realize it was like that with the who were the people who were in power previously. But on the other hand, individual actions do solve problems. And in countries Like the United States that are stuck in a 2 party quagmire where real change is not gonna take place anytime soon in my opinion. Yes. Individual actions will speak louder than anything else. And that's why I'm willing to say things like, well, if you're going to force me to Since their Bitcoin transactions, I'll move my servers somewhere else even though that may cost me money and time and stress.
[00:31:11] McIntosh:
Absolutely.
[00:31:13] McIntosh:
That's why I'm willing to say things like, even PayPal. Just as simple as that. I don't take PayPal. I used to. And they were rejecting someone's business, or shut down their account. I don't remember the details. They've done it a number of times over the years. And the last time I heard about it, I'm just like, I'm fed up. I'm shutting down my account. I will no longer use them, and I no longer accept Fiat through PayPal even though that's the easiest way in the world to have it on your website. That cost me. These things are important, and I I appreciate that. I know you were not being serious, actually, just as another note.
Yeah. I got it. It just I don't know. It's the way I get roll, man. Just I don't know. I I felt I when I recorded that, I'm like, man, should I put that in? I almost didn't. I almost just kinda just let it go. It's not directly relevant to this Bitcoin content, and I I don't know. I just, it's just I chose to leave it in because sometimes I do try and kind of help y'all to understand where I'm coming from. So alright. Enough about that, but thank you. Thank you both for your support. Alright. Let's jump into the news. I need to get this wrapped up because I gotta get cleaned up to go to the family. So I thought we've already covered kind of the big news item of the week, at least in my opinion. Now a lot of people didn't talk about it, and that's okay.
So, right, they're blaming Binance. I will say this about this whole Binance. They're using that to funnel money to Hamas and blah blah blah. I I don't know.
[00:32:58] McIntosh:
I don't know. It's a mess.
[00:33:01] McIntosh:
I think, like I said about Argentina, they're making it very clear they're going to be moving very quickly to the dollar. They're going to kill their central bank. It may be gone before the end of the year.
[00:33:15] McIntosh:
That may have actually been it. Looks like it. I mean, I did only record a few days ago, but I did wanna draw this out.
[00:33:26] McIntosh:
Alex Gladstein, he wrote oh, what's that book? I've talked about it. He writes about the IMF World Bank. He writes about, oh, human rights a lot. He's the founder of the Human Rights Foundation, I think it's called. The Oslo Forum.
[00:33:43] McIntosh:
Anyways,
[00:33:45] McIntosh:
this was posted about a interview that he did with Peter McCormick recently, I think. It's Peter McCormick here. In 1970,
[00:33:54] McIntosh:
total debt owed by poor countries, and I don't know what poor countries means, but, whatever, was $46,000,000,000.
[00:34:03] McIntosh:
Today, they owe $8,700,000,000,000. That's a 189 x. So times increase in 5 decades. For every $1 of aid that developing countries receive, they lose $24 in that outflow. Argentina is opting out of IMF and World Bank debt slavery. I Believe that last statement is absolutely correct. I believe that is something that, Milei has already, Indicated, that the talks that they were already having with the IMF or and and the World Bank are are out the window. They're not doing that. So glad to hear that. Congratulations, Argentina, for taking that very Important step towards national sovereignty, which is what they need.
These countries that owe the IMF, the World Bank, You know, they they are not sovereign. They are they are in debt. Put it crudely, they are slaves to the IMF and World Bank, and I'd I'd so not a whole lot of news. No news about these ETFs other than I don't know who somebody updating their paperwork. I mean, we're literally to that point where people, oh, they updated their paperwork. It will happen. It will probably be Q1. I don't think it will happen this year, but yeah. Generation Bitcoin supports podcasting 2.0. It's a value for value podcast With no sponsors and no advertising, you can support the podcast in 3 different ways, time, talent, treasure. If you wanna support the podcast that has some time or talent, Hey. While I'm taking this break in December, I could use some extra help with lots of things. So just reach out, [email protected] to, let me know. I could use help with things like transcripts, website move, other things, treasure is just what it sounds like. If you find the content valuable, you can support the podcast by streaming sets or boosting like our supporters did today from a podcasting 2.0 app. You can get the podcasting tool point o apps if you do not already have one from new podcast apps dotcom. I like fountain. I like podcast guru.
Those are the ones that I have tried. Podverse, not Castamatic. Sorry. Fountain Podcast Guru and Podverse are the ones that I have done oh, I do have Castamatic, and I have used those are the four that I've used, and they've all been pleasant. You just need to figure out which one you like, so go try them. Connect one of those up to maybe an Albie wallet, for example, or your lightning wallet, and then you can then stream and boost, the podcast that you're listening to, you know, we call this value for value. If we're providing value to you, then You can provide value back and help support this show. And there's so many ways of doing it beyond just the sats. Right?
As an example, if you like the content, I would love it if you tell your friends about Generation Bitcoin. That is one of the best ways to keep our numbers growing and moving in an upward direction. Thanks for being here. I hope this has been helpful. I would love to hear from you. I'm on Twitter at McintoshFintech. Again, on email at [email protected]. Stay humble, friends. Go out. Make it a great week. Again, have a happy Thanksgiving if you're here in the United States. Take some time to reflect in on what you're thankful for. Have a great week.
Hey, sat stackers. It's November 23rd, and this is episode 146 of Generation Bitcoin. I'm your host, McIntosh, And today's episode is Happy Thanksgiving. Before we jump into the market app update, just want to wish everybody, Certainly here in the United States, a Happy Thanksgiving, as we celebrate Thanksgiving today. I'm recording this, you know, 10:30 in the morning. We'll be leaving, going over to, family here in another hour and a half. I don't think I'll get this edited before I get out. If I do, it'll be up. If not, it'll be out later this afternoon. Regardless, it's getting recorded on Thanksgiving, and, I am thankful for many For many things in my life, including my listeners, so thank you.
We'll start with our market update. Right now, as I record, Bitcoin is at 37,116. Our block height It's 818-129. That's 818,129. Let me jot that down in my notes. Now that is not very different from our recording on the 19th. But in between, we did take a big drop. It basically, ironically, did exactly what I said. I'm not a genius at this, and and this is not trading advice. Of course, Patterns are patterns. I've done this long enough that I can I can see them, and it's just fun to do this to have a general idea of how things are going? You should never trade based off this. Of course, here at d c at Generation Bitcoin, what do we talk about? We talk about DCA and your Bitcoin.
Just dollar cost average it. Buy it every day. Use something like Strike, or if you could maybe trade for sets at a Bitcoin meetup, this kind of thing. Get that Bitcoin, as frequently as you can and just don't worry about the cost, the price of Bitcoin, I should say. So I'm looking at this chart. So, again, last week, we were talking about an upward channel that's developed developed, which is a bullish flag, Basically, right after I recorded so on Monday, Tuesday, after we recorded, we fell quite a bit, And then Wednesday, we went right back up. And then today, it's just kind of been muddling along. Now interestingly, we are under a Line of resistance at 37,500 that I've had on this chart for I don't know how long.
I do not know. It goes back a long way. I don't remember exactly when I put it there, but it was some time ago. And for 3 days, we have stayed under that other than brief, wicks above as they show on the chart. So this is proving to be a little bit of a resistance. Probably what we'll do Well, we'll see. I'm not gonna predict. I don't I don't want you guys to think that I'm starting to make chart predictions and I don't know. Whatever. People start relying on me and trading on me. Look. I'm not trading on this, just to be clear. So, Anyways, we we are at this point of resistance.
I do think that we'll ultimately get on through. We may go back down onto the bottom of the of the upward channel. I'll go ahead and put this chart up on, on Twitter. I post these occasionally. I'll go ahead and take a screenshot so that you can see what I'm talking about. I'll do that right now. And if you look if you look at this picture, you'll be able to see exactly what I'm talking about. We've spent A few days now well, we're on our 3rd day under this line of resistance at 37,500. And I didn't just arbitrarily draw that line on there. I'd have I'd have to look back to see when I had drawn that and why. I don't remember, to be honest.
[00:04:48] McIntosh:
The yellow gray is hot. I just made it, and I needed it this morning since I'm Recording
[00:04:57] McIntosh:
so early. Let's see. Must be that one. There it is. Got it. And I'm just simply labeling this today's chart action. We'll confuse everybody on Twitter, but you'll know. So you can see thre days well, really four days of resistance at that 35,000, Our 37,500 level, you can see the two sides of this ascending channel, in orange. You can see the Bollinger Bands There as well in light blue, the curvy kinda line that kinda snakes around, and then you see the blue line there of that resistance at 37,500. There's more resistance up above that. As you can see let me look at the bigger chart, at 38284, so 383, and then basically 40,000 up there as well.
You can very clearly see that. And I think what we'll see is we'll drop back down to somewhere around 36, kinda like what we did a couple of days ago. It's possible, but this resistance proves to be strong enough to do that. But until we break this lower Ascending channel, we will continue to grind up. We may go all the way over here in December, early December, To basically wear that 37,500 and that line of resistance or, excuse me, that ascending channel meet and and push on up at that point. I I suspect before then, we will have moved up to the upper part of the Ascending triangle and tried to break out. Well, we'll see. Interesting stuff. Interesting stuff. Next difficulty adjustment, November 25th. So coming up, and we're looking at a 4% adjustment. Man, there's just people are just throwing throwing hash power on the network.
I, as a miner, just man, it's just it's bad. 1.22 gigabytes of transactions. This is our saving grace because there's plenty of transactions. Transaction fees are high, and they remain that way. I've been trying to do some things, and, I may just have to bite the bullet and do it. I'm cheap. I'll wait for a while, but yeah. There you go. 4.05% difficulty adjustment. And if you recall, That last adjustment was 3.55. So we've gone up more than 2% and since just three days in that difficulty estimate. Alright. We'll go ahead and move on from there. Oh, you can follow me on Twitter at McintoshFintech. It's Mcintosh, f I n t e c h. So you can see that chart. Just pop on over there and take a look.
What are we gonna talk about today? I posted something earlier this week that I thought was really important, and
[00:08:12] McIntosh:
we're gonna talk about it.
[00:08:14] McIntosh:
It might be a little obtuse for many of you, but it's important, and I'll explain why. I've talked about this in different angles Over time, but Bitcoin is a censorship resistant, decentralized, Nongovernmental controlled, network. What did I post earlier today? We somebody well, actually, it was in regards
[00:08:45] McIntosh:
to this, so let me just just dig right in.
[00:08:49] McIntosh:
By the way, I I'm not really gonna report on this, but Binance, the CEO of Binance, CZ, has been forced to step down. This was by the SEC, a deal that they made, basically pleading guilty to some charges by the justice Department paying a huge fine, which for him isn't really that big, but it was a significant amount. I don't know. Not really my cup of tea. I didn't wanna mention that, I suppose. I suppose it's news on November 22nd, so just yesterday.
[00:09:27] McIntosh:
That's right. He deleted it. Darn.
[00:09:31] McIntosh:
Okay. Well, I'm gonna have to improvise. I showed a screenshot. Taking a screenshot of it. I did not. Of course, he did. Alright.
[00:09:42] McIntosh:
As everybody knows that listens to this podcast, I use brains mining pool. I mentioned this from time to time. I like brains. It's a great mining pool. It's actually the oldest public mining pool
[00:09:55] McIntosh:
in existence. What a mining pool is Is a way for so with Bitcoin with Bitcoin mining, it's become so difficult to mine a block. Essentially,
[00:10:08] McIntosh:
miners have started banding together, and this happened a long time ago, to pull their resources and mine. And then when somebody in the pool actually does mind that block, they share it. So it's it's cooperative, And it's a way to, you know, potentially not go for years without buying a block of Bitcoin.
[00:10:32] McIntosh:
I'll just pull up bit brains. It's b r a I I I n s. I I always get that wrong. I put 2 n's.
[00:10:42] McIntosh:
And just as a
[00:10:44] McIntosh:
point of reference to give you some statistics, they are showing 9,376 active users, so that's minors. They are showing 70,798 active workers. So that's, like, 8 actual a six per miner, if that makes sense, per person. And then the total aggregate hash rate is 6.297, so 6.3 Exashash. So the amount that you make when a block gets mined varies depending on how many minors that you, how many ASICs that you have running in the mining pool. Now here's the trick. Even with 6.3 Exashash, which is a decent amount, there's a total, by the way, of, like, 450 Exashash. This is, around, like, 1 a half, 2% of the total.
There's a statistic that I've seen recently. It's something like that. It's 1 point something Percent. Not very big, which means basically, one out of a 100 blocks gets mined in the brain's mining pool. And if you look at a chart, you know, even with 70,000 active workers, we still there are days when we don't get a block. We went we mined a block on 17th, and then we mined a block, 2 blocks, actually, on the 21st. Actually, I think we mined three blocks on 17th, but then the 18th, 19th, 20th For 3 days, which is the longest that I've seen, we went without mining a block. So even in a mining pool, It's it's not easy.
It's not easy, but that's okay. This is the life we choose. Right? Here's the point to all this. These mining pools to an extent control things, and they're very important. We don't want, for example, Maybe one country, the United States, for example, having too much mining power. Now that doesn't necessarily mean the Servers are hosted in the United States. It means that the mining pools are. Those mining pools are a centralized point that the government, if you want, or a corporate entity, could seek to control. So these are super important, and we always wanna be careful about them.
So one of the things that we've had going on Is this OFAC compliant transactions list or whatever, Bitcoin list? And what this means is that there's this entity, which I don't even know what OFAC stands for. The office of foreign assets control administers and enforces economic sanctions primarily against countries and groups of individuals such as terrorists and narcotics traders. Oh my gosh. Where did your money come from? You're laundering money for x, y, or z. This bureaucratic body Has come up with a list, Bitcoin addresses that they say Are being used by North Korea, for example.
I know North Korea happens to be on their list because the North Korean government, God forbid is engaged in Bitcoin mining and or whatever, hacking. Let's just make it really evil. And those Bitcoin were illicitly gained. Cue the music. Right? So we're gonna make a list, and then you, mining pool, you're going to
[00:14:36] McIntosh:
you're going to Monitor for those
[00:14:40] McIntosh:
transactions. You see where this is going. Right? And then if that Bitcoin, You're gonna monitor for those Bitcoin in it. And if those Bitcoin are used in a transaction, you are to block it. You are to not allow that in your mining pool. Now first of all,
[00:14:58] McIntosh:
there's 90,000 miners, or what did I say? 70,000 minors. There's 9,000 active miners. It's not the mining pool's responsibility To be censoring, and let's be clear, that's what we're doing, these transactions. The miners can choose to do that. The mining pool should not have that option. And yet earlier this week, that's exactly what we saw. I called it out as soon as I saw it.
[00:15:34] McIntosh:
Satoshifish from the f2 mining pool, which is, I believe, an American mining pool, posted saying Some somebody and people monitor Bitcoin transactions. Somebody noticed that they were not mining certain transactions. They were censoring them, and they called him out on it. And he said, well, yes. I'm not mining Chinese transactions or, I know explicitly he mentioned, North Korea and Xi Jinping. And I hope I said that right. The premier of China. He says, we're not mining terrorists, or we're not transacting terrorist Bitcoin, this kind of thing. And, unfortunately, he's deleted the tweet, of course, because he got such quick backlash from it. But this is the 1st known case of this happening.
And I was frankly pleasantly surprised because a lot of people don't understand the nuance of this. It's just a knee jerk reaction. Oh, North Korea bad. Yes. Ban them. Ban them. Ban them. Russia, bad. Ban them. Ban them. Right? We're gonna engage in economic warfare. That's not what so we're just moving from the physical to the economic. Look. Bitcoin doesn't care, and I've gone over this so many times. It doesn't care what color you are, what religion you are, what country you live in,
[00:17:06] McIntosh:
what your social status is, so on and so forth. Bitcoin doesn't care. If you have electricity, if you have Internet, and if you have an ASIC, you can mine Bitcoin. You can use Bitcoin in a censorship resistant way to make transactions. We're past the point where people like this can stop this stuff from happening. See, the problem is
[00:17:35] McIntosh:
You don't know what's going on there. We know that chain analysis is not perfect. We know that, You know, anybody in North Korea, people are very creative. We've seen this in places where there's harsh regimes. Places like, Venezuela, places like Cuba, where Bitcoin miners are kind of pirating, guerrilla, whatever you wanna call it, style Bitcoin mining and making Bitcoin. Why would we block their Bitcoin just because they live in a place that we don't agree with. How are we ever gonna have free trade And good world relations, if we block countries based on well, I don't agree with you over x, y, or z. I don't agree with North Korea. I don't.
I don't agree with the regime of North Korea. I think that's pretty straightforward, But why would I block all of their ability to transact with the international Market. If if blockades work,
[00:18:47] McIntosh:
Cuba would be a paradise. It used to be back in the fifties. See, this is this is
[00:18:56] McIntosh:
no, dear listener. I was not around back in the fifties, but it was. When Fidel Castro and I hope I get this history correct. I think I will be. When Fidel Castro took over and buddied up with the Soviets, and that part may I may be not
[00:19:15] McIntosh:
exactly getting correct, but I think this is fairly accurate. That's when we did a blockade, and I believe the rest of the world,
[00:19:26] McIntosh:
like Western Europe, I should say. Went along with it for a while, and then they said no, and they've gone on and done business, but we continued our blockade to this day. We're just now opening up here and there. I know during Obama's Presidency, they opened up airlines for a while, and then I think that got closed. I mean, it's it's crazy. It's like we're punishing these people. In theory, we're punishing Castro or whoever I think Castro's dead. I'm not sure who replaced him. That's sad. I should know that. But, You know, we're we're play we're punishing the government, really. But really what we're doing is we're punishing the people.
Because whoever's in charge, they make deals and do things and and and they do okay. They may do really good, but the poor farmer who can't get fertilizer because of the US blockade, Not to get on a side trail here, but actually, organic farming in Cuba has become very big simply because they could not get artificial fertilizer. Anyways, you know, It didn't help them is my point,
[00:20:46] McIntosh:
but here we are doing it again
[00:20:48] McIntosh:
or at least we're attempting to. So I said f 2 pool cofounder, and he was is the cofounder, ladies and gentlemen. So f2 pool, cofounder, ladies and gentlemen. Looks like f2 pool is now censoring transactions. Time to vote with your miners, fellow plebs. Like I said earlier, come join us over at Braiins Pool, or Braiins Mining Pool. And I Posted something about braiins earlier. I don't even remember. But, you know, it's very easy. Let's say I had a 1,000 minors. I do I do not. God, I wished I did. Let's say I had a 1,000 miners.
[00:21:25] McIntosh:
I could change the pool, you know, very quickly. Just switch.
[00:21:31] McIntosh:
As minors, we don't have to put up with this because I promise you as a as a minor in that f2 pool, that that will not be helpful for you in the end.
[00:21:42] McIntosh:
And in fact, for the pools that do not censor transactions, they will benefit. People will move to braiins. Brains will become a bigger pool, which will make it a little more stable, so to speak.
[00:21:56] McIntosh:
I thought that was important. I wanted to draw that out, actually. I tell you what, guys. I'm just gonna go ahead and stop there. I've been going on for about 15, 20 minutes. I I'm gonna go ahead and, I'm gonna leave it at that. That may be a little more than Kinda what y'all really want. I don't wanna turn this into a mining podcast, but just like nodes, Bitcoin nodes, these miners are a super important part of the network. Sensoring does not need to take place, plain and simple. Just don't do it because it's a very slippery slope, and you do not know who you're affecting.
And regardless of my feelings for whoever the leader of Cuba is currently, which I think is Oh, man. I'm gonna look this up. I think it's Castro's brother,
[00:22:52] McIntosh:
but we're gonna find out. Yes. No.
[00:22:55] McIntosh:
Who is the 3rd and current 1st secretary, so that's like the president. Okay. Yeah. So, no, it was not. It's Alright. Miguel Mario Diaz Conley e Bermudez. Bermudez like Bermuda. Sorry, buddy. I think I butchered that one. Is a Cuban politician an engineer who is the 3rd and current first secretary of the Communist Party of Cuba. So I believe it was Castro, Fidel, and and then his brother, which Maybe Miguel? But, no, I'm probably pulling that from this guy. I do not remember his name. For a brief period of time, they both died if I'm not mistaken. I know Castro did. Fidel. I when I say Castro, I mean Fidel.
I apologize if that's disrespectful. I don't really think it is, but I call Biden our president Biden. Biden all the time.
[00:23:51] McIntosh:
Trump for that matter. I don't care.
[00:23:53] McIntosh:
Yeah. So Castro and then his brother and then I think this guy. So he's now the 1st secretary. Regardless of my feelings for him and, you know, his policies and whatever, I'm more worried about the Cuban people, and I love to see that there is a Bitcoin community that is starting to flourish in Cuba, by the way. I've talked about that a little bit before. Alright. Enough about that. Let's roll right into Supporters. Yeah. Awesome. While I'm bringing this up, just, You know, where does this all lead? I don't I don't know. We know that, you know, these governments, these Bureaucratic, regulatory companies, entities like like OFAC, you know, they're going to be pushing.
We know that. And and and our job really is to push back. So I don't know what form that takes, But my miners and my nodes will not be censoring. And, ultimately, if that means that I have to move them, you know, to a hosting provider, say, In Europe or in South America, then that's what they do. I'm good with that. It's too important. I hope y'all realize that that's kind of the way I'm wired at this point. Maybe maybe you don't, and that's okay. But, these things really are important. So, anyways, Something to keep in mind as we watch this develop. This was all in relation to did Argentina win.
I will be keeping tabs on president, Malay who will take office in early December. I think it's, like, December 5th on his goings on. We had 2 boosts this week, though. We had an anonymous boost. I I I think we've got a regular anonymous listener. It's awesome. 500 sets, boost, no message. Friend, if you ever wanna tell me anything, just, boost away. If you do well, That's kind of public, but, you can always email me at [email protected]. That will change early next year, although I will probably keep that email set up for a while. But, yeah, you can always send me a message if you'd like that way.
So I appreciate that anonymous. And then also, Kyrin at Mere Mortals, sent in, his kinda regular, 2222 row of ducks, boost. And, yeah. I'll I'll read this out. Appreciate this, Kyron. He said I was just playing Macintosh. Balance is never the answer. Respect you greatly for that. Also, a healthy reminder that politicians talk more than they actually do. Amen to that, brother. Hope he can fix some things up. Talking about delay. But individual actions will solve problems more than any politician. I generally I generally Find politics to just be a complete waste of time. I yeah.
I appreciate that. I'm kinda there myself in a lot of ways, And he was listening via podcast guru, by the way, which is I like it. It's pretty good. Pretty good little program, but, In general, I agree. I think as we see the breakdown of fiat in these countries, though, I'm hoping. Let me put it this way. There's y'all may find this hard to believe. I'm actually a positive person inside. Maybe sometimes they don't sound like it. I'm hoping I'm I'm hoping that there are politicians who come along. We need people to take control, and I don't mean like as dictators.
[00:27:57] McIntosh:
But we need people to stop fooling around,
[00:28:01] McIntosh:
And, you know, making a bunch of money while they're in their 4 or 8 year time frame or 12 years or whatever, And in general, screwing the public, excuse me for saying that, but yeah. I don't know if Milei will be that. I'm not even convinced that Bukele in El Salvador is that. He has done a lot of good things. It remains to be seen how he will respond in the coming years. Now I believe he's running for reelection, which there's even controversy about that. I do know that a lot of good things have happened down there. Now I'm not one to say, well, the good things are gonna outweigh any bad Things that that person does. So we will just have to wait and see.
But I do hope because these countries are, I mean, just and I I talk about the United States a lot because it's where I live, but but there's countries all over the world that are a mess. The The EU is a mess. Let's be honest. It's a mess. Now that particular pickle, I don't know how they're gonna get out of because it's Such a bureaucratic tangle of countries that are together. In my opinion, and you may disagree with me on this, and that's fine, but The only way out of that is to disentangle those countries and dissolve the EU or at least Countries start pulling out of that like Britain did because they'll never get consensus in an EU that It's beneficial for the average person. They will just continue to enrich themselves. Now that's my opinion, and I I even hope I'm wrong because I don't see countries pulling out of the EU.
Although, like I said, Britain did, but, Yeah. I mean, we've got these situations developing in one way or the other all over the world. Not to spend too much time talking about this, but This is kind of the point of all of this stuff that's going on. Fiat is dying. Countries are exploding in debt. How are they gonna deal with it?
[00:30:09] McIntosh:
Argentina, 144%.
[00:30:12] McIntosh:
What Milei ran on is he's gonna go in there and gut the government. He's going to go in there and Dollarized country. He's going to open up the markets. He's gonna stop blaming businesses for their problems, which I think is a very interesting idea. I didn't realize it was like that with the who were the people who were in power previously. But on the other hand, individual actions do solve problems. And in countries Like the United States that are stuck in a 2 party quagmire where real change is not gonna take place anytime soon in my opinion. Yes. Individual actions will speak louder than anything else. And that's why I'm willing to say things like, well, if you're going to force me to Since their Bitcoin transactions, I'll move my servers somewhere else even though that may cost me money and time and stress.
[00:31:11] McIntosh:
Absolutely.
[00:31:13] McIntosh:
That's why I'm willing to say things like, even PayPal. Just as simple as that. I don't take PayPal. I used to. And they were rejecting someone's business, or shut down their account. I don't remember the details. They've done it a number of times over the years. And the last time I heard about it, I'm just like, I'm fed up. I'm shutting down my account. I will no longer use them, and I no longer accept Fiat through PayPal even though that's the easiest way in the world to have it on your website. That cost me. These things are important, and I I appreciate that. I know you were not being serious, actually, just as another note.
Yeah. I got it. It just I don't know. It's the way I get roll, man. Just I don't know. I I felt I when I recorded that, I'm like, man, should I put that in? I almost didn't. I almost just kinda just let it go. It's not directly relevant to this Bitcoin content, and I I don't know. I just, it's just I chose to leave it in because sometimes I do try and kind of help y'all to understand where I'm coming from. So alright. Enough about that, but thank you. Thank you both for your support. Alright. Let's jump into the news. I need to get this wrapped up because I gotta get cleaned up to go to the family. So I thought we've already covered kind of the big news item of the week, at least in my opinion. Now a lot of people didn't talk about it, and that's okay.
So, right, they're blaming Binance. I will say this about this whole Binance. They're using that to funnel money to Hamas and blah blah blah. I I don't know.
[00:32:58] McIntosh:
I don't know. It's a mess.
[00:33:01] McIntosh:
I think, like I said about Argentina, they're making it very clear they're going to be moving very quickly to the dollar. They're going to kill their central bank. It may be gone before the end of the year.
[00:33:15] McIntosh:
That may have actually been it. Looks like it. I mean, I did only record a few days ago, but I did wanna draw this out.
[00:33:26] McIntosh:
Alex Gladstein, he wrote oh, what's that book? I've talked about it. He writes about the IMF World Bank. He writes about, oh, human rights a lot. He's the founder of the Human Rights Foundation, I think it's called. The Oslo Forum.
[00:33:43] McIntosh:
Anyways,
[00:33:45] McIntosh:
this was posted about a interview that he did with Peter McCormick recently, I think. It's Peter McCormick here. In 1970,
[00:33:54] McIntosh:
total debt owed by poor countries, and I don't know what poor countries means, but, whatever, was $46,000,000,000.
[00:34:03] McIntosh:
Today, they owe $8,700,000,000,000. That's a 189 x. So times increase in 5 decades. For every $1 of aid that developing countries receive, they lose $24 in that outflow. Argentina is opting out of IMF and World Bank debt slavery. I Believe that last statement is absolutely correct. I believe that is something that, Milei has already, Indicated, that the talks that they were already having with the IMF or and and the World Bank are are out the window. They're not doing that. So glad to hear that. Congratulations, Argentina, for taking that very Important step towards national sovereignty, which is what they need.
These countries that owe the IMF, the World Bank, You know, they they are not sovereign. They are they are in debt. Put it crudely, they are slaves to the IMF and World Bank, and I'd I'd so not a whole lot of news. No news about these ETFs other than I don't know who somebody updating their paperwork. I mean, we're literally to that point where people, oh, they updated their paperwork. It will happen. It will probably be Q1. I don't think it will happen this year, but yeah. Generation Bitcoin supports podcasting 2.0. It's a value for value podcast With no sponsors and no advertising, you can support the podcast in 3 different ways, time, talent, treasure. If you wanna support the podcast that has some time or talent, Hey. While I'm taking this break in December, I could use some extra help with lots of things. So just reach out, [email protected] to, let me know. I could use help with things like transcripts, website move, other things, treasure is just what it sounds like. If you find the content valuable, you can support the podcast by streaming sets or boosting like our supporters did today from a podcasting 2.0 app. You can get the podcasting tool point o apps if you do not already have one from new podcast apps dotcom. I like fountain. I like podcast guru.
Those are the ones that I have tried. Podverse, not Castamatic. Sorry. Fountain Podcast Guru and Podverse are the ones that I have done oh, I do have Castamatic, and I have used those are the four that I've used, and they've all been pleasant. You just need to figure out which one you like, so go try them. Connect one of those up to maybe an Albie wallet, for example, or your lightning wallet, and then you can then stream and boost, the podcast that you're listening to, you know, we call this value for value. If we're providing value to you, then You can provide value back and help support this show. And there's so many ways of doing it beyond just the sats. Right?
As an example, if you like the content, I would love it if you tell your friends about Generation Bitcoin. That is one of the best ways to keep our numbers growing and moving in an upward direction. Thanks for being here. I hope this has been helpful. I would love to hear from you. I'm on Twitter at McintoshFintech. Again, on email at [email protected]. Stay humble, friends. Go out. Make it a great week. Again, have a happy Thanksgiving if you're here in the United States. Take some time to reflect in on what you're thankful for. Have a great week.
