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Casting 2.0 for January 1 2021,
Episode Number 18 we're taking a

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tenant.

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What the hell is he talking
about? Yeah. Yeah,

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first Friday of 2021 I'm Adam
Curry here in Austin, Texas

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and the guy who's already
audible the man who put the D

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and the J in top 40 radio or
Renaissance Man of the 21st

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century. I give you Mr. Dave
Jones.

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We have a renter. Yeah, you said
attendance we got attendance.

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t and e t.

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o 10. Oh

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yeah. We were landlords.

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Yeah, land Yeah, we're slumlords
if anything, slum lords, that's

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where we are. No taking
attendance. If you haven't seen

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the movie, we're doing some
things in reverse. It's messed

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with our heads. We have Denton,
Dan Benjamin from fireside FM

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coming up. Second half of the
show. And we recorded that first

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because Well, honestly, I wanted
to talk with Dave first have our

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regular board meeting. And, and
I have no production assistance.

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I have no way to like call him
and dial him in and set him up

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and I don't want him sitting
there listening for the whole

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show. That's kind of weird. It'd
be weird.

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It's like interviewing James
Cridland and pretending it's

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Christmas day when it's really
not.

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Like, oh,

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was it just me or did Kirtland
chop out all the silences on our

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interview that I did on pod
land?

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I didn't hear it so much with
you as a different with me. Now.

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He may have chopped me because

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I know I think he chops us both
up. No, I think he did a silence

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shortening it also I know we
were long for what he wanted.

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But yeah, but it was funny to
hear the the difference in

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audio. Like I'm Adam Curry. I'm
Dave Jones. And he's like,

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no news.

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We're bluster. us Americans are
whatever you want.

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belligerent blusters?

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Yes.

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braggadocious There you go.
bragging Oh,

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yeah, like that. Yeah,

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there you go. Where does Trump
have podcasting? Orange man bad.

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day the tea bag tells me right
now live righteously and love

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everyone. Oh, it's

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a beautiful thought for the
beginning of the year.

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Yeah. For Brand New Year. Happy.
Happy New Year.

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Happy New Year to you, Dave.
This is gonna be our year, man.

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This is the year of freedom. Oh,

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did you eat collard greens? To
eat greens? No, I

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didn't. It's also I'm supposed
to have jello with carrots or is

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that a different?

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That's a different need. That's
for you tell swingers

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you tossed ringers

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if you if you ever had cornbread
and buttermilk.

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Oh, my goodness. Yeah. It's been
a long time.

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Oh, yeah. I don't know if that's
a southern thing or if that's

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the very Yeah, I

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think it's a thing for sure.
Yeah. But yeah, it was South is

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Virginia loves got all that.

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That's true that we're here in
Texas. I wonder if they do think

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Texas is you'll fall with us
during the war. So you're still

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Southern.

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Look how it turned out. Yeah.
Well,

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I'm impatient.

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Understandable.

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I'm just an impatient kind of
guy. But I'm so excited. I was

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talking with the with Tina. You
know, of course, over the past

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few days, we had Christmas and
we had a new years. And I'm so

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excited about what what is
happening. And I'm kind of

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really excited about what's
happening in the media landscape

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in general. Where every I mean,
first of all, Hollywood is dead.

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They they've got nothing. They
can't bring anything. They can't

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produce anything. They've
twisted themselves in knots.

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They don't know how to really
produce from home. We scan

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through some of the New Year's
Eve celebrations. Oh my god, any

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any douchebag with zoom on a
podcast does better than they

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were doing.

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But did that too is terrible.

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Here's another carcass? Let's
see who do we have? Oh, yes,

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Dionne Warwick who I appreciate
the work I'm being mean about

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it. But you know, then they
can't hear her and she did. She

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can't work them and nothing is
miked. It's all you know laptop

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microphones. It's horrible. No
one

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like thinking we saw like, we've
scanned around too and we hit we

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ended up hitting Don Lemon and
some chicken this Donald

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Brooke Brooke from Did you see
the racist little thing in the

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corner?

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Oh no. What was that

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this was a stage kitchen
obviously. And they had a little

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when I was little sugar pots of
black a black round rolie polie

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cook with a chef's hat and big
red lips. Playing really what

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this is like an Like Angie Mama.

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Yes. Like, holy cow. What is
that? How did that get in there?

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They limit approve of that.
Because I mean, like,

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clearly he didn't it was kind of
the thing that the member

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Elizabeth Warren had something
in her kitchen that people

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spotted was a similar type of
racist racist container,

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Indian cigar statue or whatever

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that was, it was one of these
things where these little little

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black dudes with the big red
lips like holy crap,

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okay, her dream catcher and this
was her dream her dream catcher

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your bed. But know that I think

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it we,

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I want to have I'm going to
diverge into this is completely

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off. I want to diverge for a
second into one of my one of my

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new year's resolutions is to is
to finish up a whole stack of

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books on my did. I've all got
bookmarks in. And I'm so bad

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that there is one book that I
would recommend. It is

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unequivocal it's called city of
sedition. Okay. And it is a book

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by New York historian. And he's
written a couple books before,

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but this one is fantastic. And
the the the the idea of the book

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is that he shows how New York
was basically torn. The fabric

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of New York was torn in half
during the Civil War. So the

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what he was saying, because
there were competing interests,

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you had the huge money being
made from shipping and slavery,

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but essentially New York was
highly dependent financially on

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the institution of slavery now,
they all the money guys did not

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want slavery to go away at all.

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Well, no, it was great
commodities like human

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trafficking. It's great. It's
it's more profitable than

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drugs. Totally. And they were
all dependent on King cotton. So

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they they did not but then you
had this other this other half

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of the city. It was completely
abolition abolitionist. It was

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mostly religious, mostly
religious. And that kind of

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thing. Is the whole This is the
whole back though backdrop of

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the book is all about this. But
the reason I bring it up is

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because I was reading last
night. And I think it's

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important to remember in this in
this new year, and all this

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stuff to ask it does happen. how
things were much worse in the

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past than we like to pretend we
Oh, yeah. Oh, yeah. But you so

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for instance, as with elections,
and all this kind of stuff, we

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want to pretend as if the
institution of

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has always been beautiful, it's
been running smoothly, no

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problem. There's never been any
duels people shooting each

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other. There's never been any
martial law called or anything

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like that.

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They just complete garbage that
we had I was reading last night

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during the election of is the
one that election I can't

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remember who was right before
Abraham Lincoln during that

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election. Yeah. You had guys.
Gangs going around throwing

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Molotov cocktails into the
opposition's? Sure. polling

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place? Oh, yeah. I mean, we're
not about voter suppression.

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We're a violent country. We
just, you know, we don't want to

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admit to it.

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Yeah. And Abraham Lincoln wasn't
even on the ballot in 10.

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States.

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I know. Isn't that great? Yeah.
When you look at those three,

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man, that's and that's, you
know, we're not being taught the

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real history. Now we have to
talk about 1619. You know,

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everything has its place. But
yeah, there's some other things

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that are important to say,
anyway,

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just read just reading that. And
I thought, well, you know, send

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to look

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well, and to realize and allow
me to reciprocate. If there's

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any book and I read this earlier
this year, if there's any book I

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would recommend, for the future
of freedom, I would say the

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Bitcoin standard, by saifuddien.
a moose is one thing that is a

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must read.

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Okay, and this is a technical
book.

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No, no, no, it explains the
history of a little bit of he

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actually has a follow up series,
which is doing this website,

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which is the history of Fiat.
And he's explaining the money

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system and why Bitcoin will
provide freedom in so many more

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ways. I mean, think about it,
without getting too deep into

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it. But, you know, money is
printed to create war, and then

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there's winners and losers. And
ultimately, it's the guys who

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control the money who make all
the money. And, and we're all

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going back to the time of New
York and the Civil War. Except

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guess what side we're on. We're
on the human trafficking side.

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Yeah, we're being trafficked as
as human resources. We're even

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called this such.

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So that's that's an interesting
angle to the war, the money

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printing as as a funding source
of war. That's totally 100%

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Oh, yeah, yeah.

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You can not fight these wars
without inflationary money.

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Yeah,

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debt is the only end and and
what do you get with debt? More

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war? Yeah. It's like a never
ending cycle. So I feel things

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are changing dramatically I've
really been following much more

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of the tech than the technical
aspects have been falling the

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philosophical aspects of Bitcoin
I feel good about it because

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what we're doing is a part of an
overall movement towards

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independence also known as Oh, I
was reading this the other day

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toxic individualism that's

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all that yeah

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toxic individualism. This is a
this is what we're a part of.

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That is a fantastic term that I
love that phrase and

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that great I identify like oh
yeah, yeah my my ruggedness my

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individualism is probably looks
pretty toxic to a lot of people.

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It does to me, gosh, you're

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you're such a horrible man.

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And I love the I love that
phrase. I saw the, the, my

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favorite. My favorite thing
coming out of the, as of last

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month, though, was with with
Bitcoin with Bitcoin and all

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that kind of thing is the NFL
guy who's now get Oh, yeah, half

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his salary in Bitcoin?

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Well, this is, you know, there's
a trend here that I'm actually

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going to mention on on no
agenda. The trend is that a DOS

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I'll say specifically a DOS,
African Americans, the American

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descendants of slavery, they
they figured it out, they are

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stacking SATs, they have said,
okay, you know, let's, let's put

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some savings away in Bitcoin.
And that's really what Bitcoin

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has become, is this way of,
Okay, I'm going to just put a

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little money away or cash app
does it they you can do into the

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buys or whatever, on a regular
basis at all, all of these

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hotep. Jesus, that, and this is
great. This is a great example.

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He has a service that does this
exclusively. And people are

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realizing that, you know what,
it's like I'm saving this

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Bitcoin, and it's going up. And,
yeah, you can't look at it too

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much on a day by day, week, by
week or even month by month

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basis. But overall, the trend
is, is very good. And it seems

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to be some kind of black hole
where now you've got hedge fund

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guys who are borrowing $650
million for almost 0% interest

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buying Bitcoin, and making you
know, 50% on it. So that, I

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guess all to say that a lot of
things are, I think we're going

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to see an acceleration of things
changing. And that also comes

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with the COVID generation who
are just being born now. You

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know, about nine months, I guess
we're we're ready to have some

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COVID babies popping out. And
they are not going to under

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they're not going to look at an
app, a Netflix or an NBC app or

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a podcast app, and they're
really not going to see any

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difference. They're not going to
feel the weight of the NBC News

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Network behind the NBC app,
they're going to see annoying as

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they're going to see canned
stuff, and they may get bored

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with it. And they're probably
going to want to create

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themselves. And they're going to
migrate towards towards the app

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that they can be on.

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Which is what

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I think only podcast apps really
if you didn't know you can

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guaranteed get on a podcast app.
You can't get on the NBC app.

228
00:13:22,529 --> 00:13:26,849
But my point is, they're not
seeing a huge mega Corporation.

229
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The quality sucks. I mean, what
I saw New Year's Eve is any

230
00:13:31,379 --> 00:13:34,859
example shining example of the
the technical and showbiz

231
00:13:34,859 --> 00:13:38,819
prowess of the mainstream Hello.
They don't know how to do people

232
00:13:38,819 --> 00:13:41,729
at home we got all that figured
out we have 15 years of

233
00:13:41,729 --> 00:13:45,269
experience how to turn studio
closets into studios.

234
00:13:46,140 --> 00:13:50,550
So that brings up something that
has you know add it's not a

235
00:13:50,550 --> 00:13:55,050
finalized deal yet but the whole
wonder Amazon thing? Sure. I

236
00:13:55,050 --> 00:13:59,520
know like and this is a this is
something that irritates me and

237
00:13:59,550 --> 00:14:03,840
we talk about it with Dan is
that you have these big I mean

238
00:14:03,870 --> 00:14:07,470
wonder he is VC play. This is
this that's all it was, it is a

239
00:14:07,470 --> 00:14:10,350
way to get away to come in,
produce a bunch of shows, sell

240
00:14:10,350 --> 00:14:12,750
some rights and then get out of
it with an exit strategy. And

241
00:14:12,750 --> 00:14:16,140
that's essentially what is what
was happened and if I may say at

242
00:14:16,140 --> 00:14:18,930
least one of the venture
capitalists invested in my

243
00:14:18,930 --> 00:14:23,820
podcast company pod show 15
years ago, we were 10 years too

244
00:14:23,820 --> 00:14:24,270
early.

245
00:14:24,900 --> 00:14:28,110
They they saw what's happening
and they did it with the with

246
00:14:28,110 --> 00:14:32,010
wanderley they were part of it.
But they we didn't have an exit

247
00:14:33,450 --> 00:14:36,210
we didn't have a beautiful exit
like that. But they saw what was

248
00:14:36,210 --> 00:14:39,090
happening and they retimed and
I'm glad for them because they

249
00:14:39,090 --> 00:14:41,640
made all their investment back
from us. They learned it was

250
00:14:41,640 --> 00:14:42,510
good learning money.

251
00:14:42,929 --> 00:14:46,889
Well they wonder you guys are a
couple of x bucks. Fox

252
00:14:46,889 --> 00:14:53,099
entertainment guys. In that
right there's john with a jet

253
00:14:53,099 --> 00:14:54,059
Jeff Glaser.

254
00:14:54,449 --> 00:14:54,899
Oh yeah.

255
00:14:55,230 --> 00:14:58,260
And Hernan Lopez that mean that
I think they're both Xbox guys.

256
00:14:58,559 --> 00:14:59,999
Now can you name one show on one

257
00:15:01,380 --> 00:15:02,790
Dr. Death, that's the only one.

258
00:15:03,059 --> 00:15:04,439
Well, that's more than I can
then.

259
00:15:04,740 --> 00:15:07,200
Interesting See that? And that's
why I brought it up is because

260
00:15:07,200 --> 00:15:10,650
it it's like, it sets this
standard where if you're going

261
00:15:10,650 --> 00:15:14,280
to be podcast if if you are
going to be a successful

262
00:15:14,280 --> 00:15:17,160
podcast, you know, I guess
Amazon's bought it buying them

263
00:15:17,160 --> 00:15:19,950
for 300 million, which I don't
know how you feel. But I think

264
00:15:19,950 --> 00:15:22,860
that 300 million numbers. I
don't think that's what the real

265
00:15:22,860 --> 00:15:27,480
terms were. I don't, I don't
know, hard to believe that they

266
00:15:27,480 --> 00:15:30,030
would spend 10 times earnings on
that company.

267
00:15:30,750 --> 00:15:35,460
Yes. I mean, I agree. To me,
it's like, good. Just get them

268
00:15:35,460 --> 00:15:37,980
out of the way. Clear the decks
goodbye. Okay.

269
00:15:38,010 --> 00:15:41,310
That's all they reported, they
reported 40 million in revenue.

270
00:15:41,670 --> 00:15:43,770
I mean, and they didn't never,
they never said if they're

271
00:15:43,770 --> 00:15:46,500
profitable or not. And I just
find it hard to believe that you

272
00:15:46,500 --> 00:15:51,390
would spend $300 million on a
company that has 40 million in

273
00:15:51,390 --> 00:15:54,000
revenue and and question mark
profitability.

274
00:15:54,360 --> 00:15:57,930
I don't know you and I just
spent 33 million billion dollars

275
00:15:57,930 --> 00:16:05,490
and sent it to Pakistan. Oh,
yeah. We got

276
00:16:05,490 --> 00:16:06,540
overwritten on that.

277
00:16:07,770 --> 00:16:12,960
I guess. Anyway, it clears the
decks for more for us in but

278
00:16:12,960 --> 00:16:15,690
what it does is it removes
certain things and will actually

279
00:16:15,690 --> 00:16:17,370
just didn't really remove
anything, I guess.

280
00:16:17,939 --> 00:16:20,909
But it just bothers me because
it it gives this perception that

281
00:16:20,909 --> 00:16:24,389
in order to be successful in
podcasting, that your production

282
00:16:24,389 --> 00:16:27,239
value has to be just imminent.
Oh, this

283
00:16:27,240 --> 00:16:30,300
doesn't bother me at all. I
spend not a second thinking

284
00:16:30,300 --> 00:16:33,030
about that. Go away, go over
there, do your do whatever you

285
00:16:33,030 --> 00:16:36,150
need. Go make a whole bunch of
shows that sound the same. I

286
00:16:36,150 --> 00:16:39,390
know what people want. This is
the I'm going to the AOL model.

287
00:16:39,810 --> 00:16:42,810
AOL was nice neat, tidy
everything in its place.

288
00:16:42,810 --> 00:16:46,980
Everything worked. The we wanted
the scary internet. Please give

289
00:16:46,980 --> 00:16:50,310
us the scary web browser. People
want the scary stuff.

290
00:16:50,970 --> 00:16:54,930
The all the successful LSA all
of them. We have you have a

291
00:16:54,930 --> 00:16:58,470
certain crowd, that's probably
the NPR type crowd that wants to

292
00:16:58,470 --> 00:17:01,140
listen to that highly produced
thing and they and they like it.

293
00:17:01,500 --> 00:17:05,100
But then that the the overall
broader, successful landscape of

294
00:17:05,100 --> 00:17:09,810
podcasting is crazy stuff. Like
just it's always just a note to

295
00:17:09,810 --> 00:17:11,580
three people talking to each
other. under the

296
00:17:11,580 --> 00:17:15,180
radar. No one knows what I'm
doing. No one knows no one

297
00:17:15,180 --> 00:17:17,640
cares, because I don't do
advertising. So they have no

298
00:17:17,640 --> 00:17:20,670
idea if I'm successful. If I can
pay my rent, they've No idea.

299
00:17:23,700 --> 00:17:30,090
Anyway, like, I just get old
school podcasting feel is still

300
00:17:30,090 --> 00:17:34,740
just, that's the core to me.
Well, just what I'm trying to

301
00:17:34,740 --> 00:17:35,310
hang on to

302
00:17:35,310 --> 00:17:41,610
Yeah, well, I'm not because I I
want to break out of the mold. I

303
00:17:41,610 --> 00:17:45,870
want to see a pot. I'm partial
to pod friend. And why am I

304
00:17:45,870 --> 00:17:49,200
partial the pod from because the
interface is different, is doing

305
00:17:49,230 --> 00:17:52,140
is doing different things. It's
thinking more like I think it's

306
00:17:52,140 --> 00:17:57,210
not giving me an inbox. You
know, there's so many things

307
00:17:57,210 --> 00:18:01,620
that why can't I? Why isn't
there an app for sermons white,

308
00:18:01,650 --> 00:18:04,800
which is different than than
your traditional podcast app? I

309
00:18:04,800 --> 00:18:09,150
think? Do you think the days of
subscription is dead? You just

310
00:18:09,150 --> 00:18:09,810
kind of go

311
00:18:09,840 --> 00:18:12,690
No, no, no, no subscription, no
subscriptions, not dead? But how

312
00:18:12,690 --> 00:18:17,400
do you present the information?
And what are you showing? I

313
00:18:17,400 --> 00:18:21,720
mean, we all we're always like,
so hung up on? Oh, my gosh, I

314
00:18:21,720 --> 00:18:24,540
haven't, you know, searches and
showing the right stuff.

315
00:18:24,720 --> 00:18:27,270
Alright, well, what are you a
search engine? You know, no one

316
00:18:27,270 --> 00:18:32,070
is few people are giving us new
experiences. We can all emulate

317
00:18:32,070 --> 00:18:38,280
the apple interface. That's why
I loved me I love pod friend a

318
00:18:38,280 --> 00:18:43,560
pod Finder. And what was the
other one? The the random cast

319
00:18:43,560 --> 00:18:49,320
over? Cast coverage? Thank you.
I love these things. Now they

320
00:18:49,320 --> 00:18:54,480
have their own use. But also,
would I want a professor to be

321
00:18:54,480 --> 00:18:59,880
able to put up his, his, his
What do you call them? lectures,

322
00:18:59,910 --> 00:19:03,840
these lectures? Yeah. I want a
kid to start a podcast today.

323
00:19:03,840 --> 00:19:06,450
And it'd be up and running
within an hour and see it

324
00:19:06,450 --> 00:19:09,780
everywhere. wouldn't be possible
to be seen on podcast apps. It's

325
00:19:09,780 --> 00:19:12,060
so much more to me. So I

326
00:19:12,990 --> 00:19:18,750
guess I'll say the fan podcast
app UI is in general, confusing.

327
00:19:20,610 --> 00:19:25,890
Now, some, some are better than
others. But a fine attend. I

328
00:19:25,890 --> 00:19:30,000
tend to find them all sort of
cumbersome. And I think it's

329
00:19:30,000 --> 00:19:33,450
just the nature of what it's
trying to do. Like, take

330
00:19:33,450 --> 00:19:36,840
overcast for instance, the whole
idea of of creating playlists

331
00:19:36,840 --> 00:19:42,840
and that kind of thing is very,
that's that is tedious. If I

332
00:19:42,840 --> 00:19:47,220
what I really want is just a
river of podcasts. That's kinda

333
00:19:47,820 --> 00:19:49,320
Well, that's just like I want a
news feed.

334
00:19:49,440 --> 00:19:53,460
Well, that's what pod friend
has. In fact, only two weeks ago

335
00:19:53,460 --> 00:19:57,540
didn't have it. And we were
talking about and Martin put it

336
00:19:57,540 --> 00:20:00,390
in, so you have your latest
episodes. And it's your River

337
00:20:00,420 --> 00:20:03,150
podcast based on your
subscriptions in chronological

338
00:20:03,150 --> 00:20:03,570
order.

339
00:20:04,320 --> 00:20:06,900
Yeah. See that. That's all I
want. I just want them all

340
00:20:06,900 --> 00:20:08,100
dumped right there. Of course,

341
00:20:08,100 --> 00:20:12,030
it's all you want. If people
wanted an inbox for Twitter,

342
00:20:12,030 --> 00:20:16,020
we'd have an inbox for Twitter.
The Yeah, exactly. It's about

343
00:20:16,020 --> 00:20:18,180
the timelines baby. It's all
about the TL.

344
00:20:20,010 --> 00:20:20,790
You're on the DL

345
00:20:21,120 --> 00:20:27,240
D, I'm on the TL for the DL.
Now, I congratulate today, in

346
00:20:27,240 --> 00:20:31,770
the beginning of the new year
caster pod for being the the

347
00:20:31,770 --> 00:20:35,310
only only tool that I'm aware of
that has implemented every

348
00:20:35,310 --> 00:20:39,180
single namespace even before the
namespace is finalized.

349
00:20:40,980 --> 00:20:42,840
Which I adore.

350
00:20:43,230 --> 00:20:47,940
Yes, it's it's way beyond what
I've done and not even put, I've

351
00:20:47,940 --> 00:20:51,540
not even put location and person
into the avenue finished those

352
00:20:51,540 --> 00:20:52,380
in the index yet.

353
00:20:52,410 --> 00:20:55,560
Well, so you and I have been
discussing this and, and this

354
00:20:55,620 --> 00:21:00,150
goes back to, you know, asking
Martin to do the RSS builder. I

355
00:21:00,150 --> 00:21:06,030
realized my mistake is here we
have who's who's running who

356
00:21:06,030 --> 00:21:09,150
does cast a pod. Do we have a
first name Benjamin Bellamy? Oh,

357
00:21:09,150 --> 00:21:13,050
Ben Benjamin, of course. So
here's Benjamin and he's just

358
00:21:13,050 --> 00:21:16,470
cranking it out. I'm an
independently hosted podcast. So

359
00:21:16,500 --> 00:21:20,070
I'm using the freedom
controller. But you suggested,

360
00:21:20,070 --> 00:21:22,920
hey, you know, why don't we
just, I mean, I've got to be

361
00:21:22,920 --> 00:21:26,430
using all these tags I've got,
yeah, look how much work came

362
00:21:26,430 --> 00:21:30,540
out, or goodness came out of the
chapters. Once once I started

363
00:21:30,540 --> 00:21:33,570
doing chapters, we got some real
heavy traffic on it. Well, we

364
00:21:33,570 --> 00:21:36,570
learned that the API came a bit
under stress, because of the

365
00:21:36,570 --> 00:21:42,090
amount of people you know, apps
loading up the JSON. Found tons

366
00:21:42,090 --> 00:21:48,300
of tons. There bugs in the in
the administration system, you

367
00:21:48,300 --> 00:21:53,430
know, I want to do clips, I want
to do things with location. I

368
00:21:53,430 --> 00:21:57,780
certainly want to do stuff with
people. So all of these things.

369
00:21:59,790 --> 00:22:04,650
I'm ready to do it. I mean, the
the no agenda, and the podcasts

370
00:22:04,650 --> 00:22:08,040
and 2.0 chapter feeds are just
some of the best I've ever seen.

371
00:22:08,850 --> 00:22:12,030
And we've got chapter images, we
got blinked. We got everything.

372
00:22:12,030 --> 00:22:15,450
We have so many per episode.
That's all one guide, Dred

373
00:22:15,450 --> 00:22:16,890
Scott. He's doing it all for us.

374
00:22:17,910 --> 00:22:22,170
Does drip have a Sphinx
invitation yet?

375
00:22:22,440 --> 00:22:24,720
You know, I haven't been able to
create a new node.

376
00:22:25,380 --> 00:22:29,430
I talked to Paul yesterday. And
he he said that they've been

377
00:22:29,430 --> 00:22:32,100
having some trouble with the
invitation stuff. Yeah. And he

378
00:22:32,160 --> 00:22:35,670
and he fixed but he fixed it.
And I was able to get Spencer

379
00:22:35,670 --> 00:22:40,080
in. So there may be, he said
that we're working on it. So

380
00:22:40,080 --> 00:22:42,660
I've got an extra invite that I
can shoot to Dred Scott, because

381
00:22:43,050 --> 00:22:44,640
we need to get him in the mix
here. Yeah,

382
00:22:44,640 --> 00:22:46,560
no, Paul was actually going to
give me a whole bunch of

383
00:22:46,560 --> 00:22:50,070
invites. But yeah, okay. We're
all growing. So and it's also

384
00:22:50,070 --> 00:22:53,670
the holidays. So we'll figure
that I know, I know. They're

385
00:22:53,670 --> 00:22:56,010
working on it. But you know,
there's a lot of stuff they got

386
00:22:56,010 --> 00:22:57,630
it was small, everyone's small
here.

387
00:22:58,080 --> 00:23:00,780
So are we gonna I think we
talked we talked about switching

388
00:23:00,780 --> 00:23:05,610
PC PCs. paquets in 2.0. showed
to be on cast upon.

389
00:23:05,640 --> 00:23:08,490
Yeah, so this is and since we're
doing a board meeting here,

390
00:23:09,180 --> 00:23:14,370
okay. So I've looked at cast the
pod and and I saw the setup. I'm

391
00:23:14,370 --> 00:23:21,780
like, in my eyes when all I know
I can do this. But I have to be

392
00:23:21,780 --> 00:23:24,780
extremely careful. Because we
went through the past three

393
00:23:24,780 --> 00:23:28,860
months, at least two of those, I
have messed up every single RSS

394
00:23:28,860 --> 00:23:33,390
feed, I have caused stress on
people. I've sure we've lost

395
00:23:33,390 --> 00:23:38,790
subscribers, I have skewed the
stats. If anyone's looking at

396
00:23:38,850 --> 00:23:41,880
overall statistics, I mean, I'm
sure I've triggered at least a

397
00:23:41,880 --> 00:23:45,420
million more downloads that
weren't necessary, probably

398
00:23:45,420 --> 00:23:51,570
more. So I need kind of a system
that is ready to go that is set

399
00:23:51,570 --> 00:23:55,530
up and that I can count on and
that I can't screw up. So if I'm

400
00:23:55,530 --> 00:23:58,230
going to install this myself,
I'm a little worried about it.

401
00:23:58,650 --> 00:23:59,850
Now, install it.

402
00:24:00,030 --> 00:24:03,480
I mean, it can't be as bad as
freedom controller. Well, I,

403
00:24:03,810 --> 00:24:05,610
I didn't install freedom control
either.

404
00:24:05,970 --> 00:24:06,660
Well, that's true.

405
00:24:10,050 --> 00:24:12,930
Yeah, once it's like, okay, now
set up your dot environment. I'm

406
00:24:12,930 --> 00:24:13,170
like,

407
00:24:13,200 --> 00:24:14,190
Okay,

408
00:24:14,700 --> 00:24:19,920
if I can't if I can do sudo apt
install.

409
00:24:20,669 --> 00:24:24,119
Go to the identity access
management panel in AWS like,

410
00:24:24,119 --> 00:24:26,759
nope, nope, not doing it. Yeah.

411
00:24:28,140 --> 00:24:31,860
I got to get my PEM files. That
would be really good. And then

412
00:24:31,860 --> 00:24:34,350
can you import all the shit so
that it outputs it so I don't

413
00:24:34,350 --> 00:24:35,340
have to? I mean, I just

414
00:24:36,090 --> 00:24:37,920
I don't even know. I had no
idea.

415
00:24:40,260 --> 00:24:43,590
Yeah, well, because I would love
to use it because then I can be

416
00:24:43,590 --> 00:24:47,760
a shining example. I also need
to get the value block in there

417
00:24:47,760 --> 00:24:50,730
because that's another thing
people like I saw Brian of

418
00:24:50,730 --> 00:24:54,510
London going I don't get it. How
does this work and and this is

419
00:24:54,570 --> 00:24:57,570
this will this will lead us to
the next to another topic, but I

420
00:24:57,570 --> 00:25:02,160
wanted to add that I was
excited. About the IP Fs

421
00:25:02,160 --> 00:25:09,240
conversation coming back. Yeah.
And and specifically IP ns. And

422
00:25:10,050 --> 00:25:15,870
I was thinking, is it time is
that for me, it seems like Casta

423
00:25:15,870 --> 00:25:20,490
pod could get nothing. Now you
can configure it to anything

424
00:25:20,490 --> 00:25:25,050
maybe s3 or whatever, you know,
just whatever, bucket like

425
00:25:25,050 --> 00:25:30,330
system, but is it time to give
ipfs a shot for at least the

426
00:25:30,330 --> 00:25:35,160
feed and have that, you know, in
a quasi immutable place?

427
00:25:39,840 --> 00:25:40,800
I'm,

428
00:25:43,740 --> 00:25:48,630
while I'm thinking about this
play, play I so get the tags or

429
00:25:48,630 --> 00:25:49,080
whatever it

430
00:25:49,080 --> 00:25:50,850
is to get our tags in maybe?

431
00:25:54,630 --> 00:25:55,200
I like?

432
00:25:56,490 --> 00:26:01,650
Yeah, the only thing that
bothers me about IP ns is still

433
00:26:01,650 --> 00:26:03,480
those long strings of company
cook.

434
00:26:04,860 --> 00:26:07,650
So let's just for those who
don't know, we're talking about

435
00:26:07,650 --> 00:26:13,140
ipfs, the interplanetary filing
system, which is a peer to peer

436
00:26:14,130 --> 00:26:19,080
file hosting network. And David,
I've experimented with it a lot.

437
00:26:19,080 --> 00:26:24,210
And it works. The IP ns is the
naming system. And I'm not

438
00:26:24,210 --> 00:26:29,760
familiar with that. But I, I'm
presuming that you can map a

439
00:26:29,760 --> 00:26:33,480
domain name to something, or you
can just map an existing URL to

440
00:26:33,480 --> 00:26:34,110
something.

441
00:26:34,619 --> 00:26:38,279
It's like it if I understand it
correctly, and the person who

442
00:26:38,279 --> 00:26:49,199
will have to correct us on this
is clay, Clay Ferguson. In in

443
00:26:49,199 --> 00:26:54,239
the mess, Don, is it? if I
understand it correctly, IP ns

444
00:26:54,299 --> 00:27:00,569
IP ns just gives you a hash, but
it's permanent. Oh, a lot of

445
00:27:00,569 --> 00:27:00,959
garbage.

446
00:27:00,990 --> 00:27:03,990
But what's what's the downside
of a long hash? What's the

447
00:27:03,990 --> 00:27:05,550
problem? Well, it's

448
00:27:05,550 --> 00:27:11,250
just not. It's just not as it's
kind of like pushing Bitcoin

449
00:27:11,250 --> 00:27:15,150
lightning addresses around you.
It's such a big string of

450
00:27:15,150 --> 00:27:20,460
garbage. It's really hard to
like, you're never sure if you

451
00:27:20,460 --> 00:27:22,860
got it, right. Like you can't
copy and paste it and think,

452
00:27:22,950 --> 00:27:26,160
okay, you can't spot check it.
Because it's just a bunch of

453
00:27:26,160 --> 00:27:30,450
garbage. And so you're never
real sure. It's like, Oh, did I

454
00:27:30,450 --> 00:27:34,620
copy and paste? I've copied and
pasted two or three of these. Is

455
00:27:34,620 --> 00:27:37,440
this the right like, and then
you to completely lose track of

456
00:27:37,440 --> 00:27:39,420
whether or not it's I don't
know, it's a little bit of a

457
00:27:39,420 --> 00:27:44,280
brain freeze that they there's
another thing called DNS link

458
00:27:44,490 --> 00:27:50,190
MX. It's also being used in
ipfs. I think that is more of a

459
00:27:50,190 --> 00:27:59,340
traditional DNS, like, linkage
over to IP over to ipfs. Mm hmm.

460
00:28:00,000 --> 00:28:03,840
So I mean, that might be usable,
but I don't know. I just saw

461
00:28:03,840 --> 00:28:07,710
that like a couple days ago. But
I think it's more of a link an

462
00:28:07,710 --> 00:28:12,870
actual link to the DNS system.
Okay. And that seems a little

463
00:28:12,870 --> 00:28:15,750
weird. I can

464
00:28:16,740 --> 00:28:20,730
see how that how that develops
that. I mean, it just seems like

465
00:28:20,730 --> 00:28:23,400
an elegant solution. But I don't
know if it works well enough.

466
00:28:23,400 --> 00:28:25,950
And you're you're introducing
things I wasn't aware of that

467
00:28:25,950 --> 00:28:28,620
makes it complicated, which is
not necessarily a good thing.

468
00:28:29,580 --> 00:28:33,180
Yeah, I mean, I think it's do I
think we should play with it.

469
00:28:33,180 --> 00:28:36,120
Because of the way we did it
unfreedom controller was we just

470
00:28:36,120 --> 00:28:41,490
had the ipfs daemon installed.
And then the freedom controller

471
00:28:41,490 --> 00:28:45,150
scripting would interact with
the daemon. Like just sending it

472
00:28:45,150 --> 00:28:48,840
commands and that kind of thing,
which is not that much different

473
00:28:48,840 --> 00:28:53,010
than a way a lot of people
interact with lnd through a live

474
00:28:53,010 --> 00:28:57,150
room, so it's fine, it's a fine
way to do it. And if cast upon

475
00:28:57,150 --> 00:29:00,660
if I understand correctly, is
just, you just install it on a,

476
00:29:01,050 --> 00:29:02,760
you know, on a Linux box. So you
should have

477
00:29:02,910 --> 00:29:05,700
just an RSS feed, good to go.

478
00:29:06,030 --> 00:29:09,930
So we may be able to link these
like some post linkage there

479
00:29:09,930 --> 00:29:12,780
where we're, we're, we're just
interacting with lnd on a cron

480
00:29:12,780 --> 00:29:15,510
job. I mean, excuse me with the
ipfs on a cron job or something

481
00:29:15,510 --> 00:29:19,290
like that, and making those
associations after the fact. I

482
00:29:19,290 --> 00:29:21,780
don't know we can play with
that. I'll get past the pod

483
00:29:21,810 --> 00:29:25,950
install, because I do. It's so
hard bouncing back and forth

484
00:29:25,950 --> 00:29:30,060
between these all these
different code repositories. I'm

485
00:29:30,060 --> 00:29:33,960
doing the namespace. Yeah, no
index, and we podcaster wallet,

486
00:29:34,170 --> 00:29:40,380
a freedom control. It's like, I
can't keep up in order to like,

487
00:29:40,440 --> 00:29:42,750
because once we finalize a
namespace thing, then I got to

488
00:29:42,750 --> 00:29:45,990
put it into podcast, you know, I
got to put it in the podcast

489
00:29:45,990 --> 00:29:48,870
index and then also finalize it
and you know, make sure that

490
00:29:48,870 --> 00:29:52,740
API, namespace documentation
works. And then also bacon in a

491
00:29:52,740 --> 00:29:56,250
frame controller. And then,
right none of time. No,

492
00:29:56,250 --> 00:30:00,360
I understand. So the shoemakers,
kids are barefoot Yeah,

493
00:30:01,110 --> 00:30:05,790
yeah. Okay. I mean, if cast the
cast upon it management's moving

494
00:30:05,790 --> 00:30:09,270
so fast, it may just be better
just to point and say, Okay,

495
00:30:09,270 --> 00:30:10,890
well, we'll just do it that way.

496
00:30:11,220 --> 00:30:15,060
Well, if, if you can install it,
I'll do all the configuration, I

497
00:30:15,060 --> 00:30:18,750
can figure all that out. But if
you can install it, okay. And

498
00:30:18,750 --> 00:30:20,670
then we'll go there, and then
we'll go over it together, make

499
00:30:20,670 --> 00:30:23,040
sure that I'm not going to make
some catastrophic mistake, we'll

500
00:30:23,040 --> 00:30:27,120
do some test output, see what
comes out? Because it's, you

501
00:30:27,120 --> 00:30:32,400
know, seriously the clips clip.
The, it's called clips is called

502
00:30:32,400 --> 00:30:35,460
sound soundbite sound bites? I
mean, that's, that's the feature

503
00:30:35,460 --> 00:30:41,070
clips. I can use the heck out of
that. Yeah. I mean, really, this

504
00:30:41,100 --> 00:30:42,840
is very exciting. And then,

505
00:30:44,160 --> 00:30:47,040
yeah, you can put a button you
can put a bunch of them in

506
00:30:47,040 --> 00:30:48,150
perhaps. So there's no limit.

507
00:30:48,330 --> 00:30:54,690
Yeah. Which brings me to the
next thing. With the now we have

508
00:30:55,080 --> 00:30:58,260
a number of hosting companies
who are, you know, what, we have

509
00:30:58,260 --> 00:31:02,820
buzzsprout. up to speed. We have
a couple others. Of course,

510
00:31:02,850 --> 00:31:07,770
fireside.fm has a lot of the
tags implemented with the new

511
00:31:07,770 --> 00:31:12,630
generation of podcast apps, who
I think pretty much all are

512
00:31:12,930 --> 00:31:17,700
getting there. lookups from the
from the index API. Does it make

513
00:31:17,700 --> 00:31:24,330
sense to just like podcast or
wallet.com to allow people who,

514
00:31:24,570 --> 00:31:30,330
whose hosting company hasn't
provided those tags yet to at

515
00:31:30,330 --> 00:31:33,990
least manage some of those in
the database? Like they're

516
00:31:33,990 --> 00:31:37,740
putting their lightning node in
for the lightning payments? So,

517
00:31:38,190 --> 00:31:38,610
so

518
00:31:39,149 --> 00:31:40,349
that sounds so painful.

519
00:31:40,379 --> 00:31:42,209
Yeah, I know. I know.

520
00:31:42,270 --> 00:31:45,720
I mean, this is like being
Feedburner. But more or less.

521
00:31:45,840 --> 00:31:51,510
Okay. But But ultimately, the
podcast apps, are they getting

522
00:31:51,540 --> 00:31:54,570
all of that metadata from the
RSS feed? Are they looking it up

523
00:31:54,570 --> 00:31:55,440
in the index?

524
00:31:56,010 --> 00:31:58,680
I think it's a mix of both.
Like, I mean,

525
00:31:58,950 --> 00:32:01,740
ultimately, you have to have the
RSS infrastructure in place.

526
00:32:01,740 --> 00:32:03,930
That's our fallback that could
never go away.

527
00:32:04,320 --> 00:32:12,390
Right. Yeah, I think like, pod
station, pod friend. Uh, I can't

528
00:32:12,390 --> 00:32:16,320
remember which ones. Some of
them do. They just, they look

529
00:32:16,320 --> 00:32:19,290
for an update, and then they'll,
they'll read the feed directly.

530
00:32:20,070 --> 00:32:24,060
And then other ones are, like
other ones, like Sphinx, are

531
00:32:24,060 --> 00:32:27,270
pulling all the metadata from
us, just because this means

532
00:32:27,510 --> 00:32:30,150
they're not a podcast. That's
not there. They don't want to

533
00:32:30,150 --> 00:32:32,220
get involved in all that. That's
right.

534
00:32:32,580 --> 00:32:35,490
And that's my point. Why should
they? Hmm.

535
00:32:36,810 --> 00:32:42,630
Yeah. I think that. I think that
when you do things, when you're

536
00:32:42,630 --> 00:32:45,210
doing things like reading the
feed, you're using this, I love

537
00:32:45,210 --> 00:32:51,120
this. Okay. So I love that how
some apps are not going all in

538
00:32:51,120 --> 00:32:53,430
with the index. They're using
the index just for the pieces

539
00:32:53,430 --> 00:32:59,340
they need. And that way, and I'm
a big, I'm a big believer in

540
00:32:59,340 --> 00:33:01,950
doing that. Because if I ran an
app, if I ran a podcast app,

541
00:33:02,040 --> 00:33:03,420
yeah, you don't want to bore

542
00:33:03,480 --> 00:33:06,630
Yeah, yeah, you you want to have
enough of your own

543
00:33:06,630 --> 00:33:09,420
infrastructure where you can
maintain some control, right.

544
00:33:10,200 --> 00:33:13,710
And Ridha and not have to depend
Oh, god pockets index website

545
00:33:13,710 --> 00:33:14,520
went down. So now it's good.

546
00:33:14,520 --> 00:33:17,490
Oh, yeah. No, we don't want that
at all. No. Okay. All right.

547
00:33:17,490 --> 00:33:18,210
Good point. And that

548
00:33:18,210 --> 00:33:20,250
will happen, it will happen.

549
00:33:20,580 --> 00:33:22,860
That just goes back to my
impatience. You know, I just, I

550
00:33:22,860 --> 00:33:25,920
just, I know that it's chicken
in the egg, you got the content,

551
00:33:25,920 --> 00:33:29,340
and the content drives the
adoption. And so I can only hear

552
00:33:29,340 --> 00:33:31,260
so much I can only do so much

553
00:33:31,379 --> 00:33:35,969
this new year has made you is
made you forward looking even

554
00:33:35,969 --> 00:33:39,569
more so than normal. It's
energized that aspect. I'm super

555
00:33:39,569 --> 00:33:40,169
energized.

556
00:33:40,170 --> 00:33:45,120
And I want to talk about the
podcasting 2.0 value for value

557
00:33:45,120 --> 00:33:48,630
pledge model streaming,
streaming money, I just want to

558
00:33:48,630 --> 00:33:50,910
give everybody an update on
where we're at and what we're

559
00:33:50,910 --> 00:33:54,060
thinking about. Because you and
I have been doing a lot of work

560
00:33:54,060 --> 00:33:56,820
behind the scenes, we didn't
want to muddy too much stuff up

561
00:33:56,820 --> 00:33:59,910
and we're trying to figure stuff
out. But now we've had Sphinx

562
00:33:59,910 --> 00:34:02,850
chat working for a couple months
now.

563
00:34:04,350 --> 00:34:06,330
And remember when it first
launched, but it's been going

564
00:34:06,330 --> 00:34:07,230
for a while.

565
00:34:07,980 --> 00:34:12,000
So here's so and it works. This
is what we know it works. The

566
00:34:12,000 --> 00:34:16,470
system works. A lot of polishes
needed, certainly on the process

567
00:34:16,470 --> 00:34:20,670
of of managing you're getting
you're getting everything set up

568
00:34:20,700 --> 00:34:24,030
in your feed at value blocks.
And of course we do have

569
00:34:24,030 --> 00:34:28,380
podcaster wallet.com which
allows you to to put your your

570
00:34:28,380 --> 00:34:32,220
node information into the index
directly which is a beautiful

571
00:34:32,220 --> 00:34:36,570
It's a great hack and and
Goddess goddess moving. The

572
00:34:36,570 --> 00:34:42,720
issue at hand is a Sphinx is not
a traditional podcast app by any

573
00:34:42,720 --> 00:34:46,980
stretch of the imagination. It
has a lot of stuff in there that

574
00:34:46,980 --> 00:34:50,460
I think is great for the future
podcast app, but it's it's

575
00:34:50,460 --> 00:34:54,300
backwards. Here's a great place
for your tribe. It's literally

576
00:34:54,300 --> 00:34:56,730
called the tribe. You've got all
your buddies, people are

577
00:34:56,730 --> 00:35:00,600
listening. And while you're
while you're listening To the

578
00:35:00,600 --> 00:35:08,340
podcast, you're streaming sets.
Fantastic. It doesn't scale as a

579
00:35:08,340 --> 00:35:13,740
typical podcast app. Because in
order to do what Sphinx does,

580
00:35:13,740 --> 00:35:17,580
which is sending messages back
and forth, and also payments

581
00:35:17,580 --> 00:35:19,980
between people back and forth,
you need to have what is known

582
00:35:19,980 --> 00:35:26,490
as a full node that does the key
sin protocol of lightning. So

583
00:35:27,000 --> 00:35:29,550
there's an actual cost
associated with setting up a

584
00:35:29,550 --> 00:35:33,450
Sphinx node. You know, just
getting an account just to be

585
00:35:33,450 --> 00:35:40,200
able to play along. And I think
that's a limiting factor. Right

586
00:35:40,200 --> 00:35:44,490
now, for two reasons. One,
Sphinx has to have the

587
00:35:44,490 --> 00:35:47,940
infrastructure to spin those up
quickly, which has been a bit of

588
00:35:47,940 --> 00:35:51,420
a bottleneck. But also you can't
be given stuff away. You know,

589
00:35:51,420 --> 00:35:54,540
people have to pay for something
somewhere. And since they're

590
00:35:54,540 --> 00:35:59,580
going to be putting money into
stream to stream money to their,

591
00:35:59,610 --> 00:36:02,640
you know, to pledge money to
their podcasts or listening to,

592
00:36:03,240 --> 00:36:06,990
there's a lot of stuff going on.
That is not sad of this very

593
00:36:06,990 --> 00:36:09,690
much a bitcoiners type
experience at the moment.

594
00:36:10,410 --> 00:36:13,320
Yeah, I mean, I can say that
wholeheartedly, but based on

595
00:36:13,350 --> 00:36:17,070
trying to get Spencer set up.
Yeah. Over the last cup, what

596
00:36:17,070 --> 00:36:19,080
did you run into? What were the
problems you ran into?

597
00:36:19,920 --> 00:36:22,980
Well, he said, he said, Well, I
mean, I want to go all in on

598
00:36:22,980 --> 00:36:24,990
this. I believe in the future,
you know, lightning.

599
00:36:26,760 --> 00:36:28,560
What? apathy Piper No,

600
00:36:29,430 --> 00:36:33,870
none of this a pull, I think is
a crossover from no agenda is,

601
00:36:34,170 --> 00:36:36,510
he's a podcast. He's do he wants
to be a podcast.

602
00:36:36,510 --> 00:36:39,720
Okay. Got it. Got it. Yeah. And
he's got a podcast with about 50

603
00:36:39,750 --> 00:36:43,530
episodes, 50 something episodes
in it in, he's like, well, I

604
00:36:43,530 --> 00:36:46,380
want to put it on, I want to put
the podcast on state owned

605
00:36:46,380 --> 00:36:50,670
things so that I can earn earn
money. And then also I want to

606
00:36:50,670 --> 00:36:53,400
listen there. So I can He's
like, I just want to be involved

607
00:36:53,400 --> 00:36:57,240
in this system. I want to be in
the mix. Mm hmm. And because I

608
00:36:57,240 --> 00:37:00,390
believe in it, and so he said,
Well, you know, I want to, he

609
00:37:00,390 --> 00:37:03,810
said, I have a BTC pay server.
And can I use lightning through

610
00:37:03,810 --> 00:37:07,050
it? And I was like, yeah, yeah.
But it is, it really is a pain

611
00:37:07,650 --> 00:37:09,480
to interact with lightning,
because you mean, you start

612
00:37:09,480 --> 00:37:11,850
having to mess with tons of
config files and all that kind

613
00:37:11,850 --> 00:37:15,480
of jazz. And so I was like, you
know, really, you probably want

614
00:37:15,480 --> 00:37:18,360
to go get an non dollar month
lightning light node from

615
00:37:18,360 --> 00:37:22,590
voltage, right. And so he did
that. He got the voltage node,

616
00:37:22,770 --> 00:37:25,170
didn't know, he does not know
very much about lightning in

617
00:37:25,170 --> 00:37:28,500
general. So I was kind of
coaching along the way. And then

618
00:37:30,150 --> 00:37:33,450
got him in, get him into things
which, you know, had, as

619
00:37:33,450 --> 00:37:35,880
mentioned, when Paul had to help
me with the are we

620
00:37:35,880 --> 00:37:36,750
getting to node you

621
00:37:36,900 --> 00:37:40,290
can get the notes to get him
into steaks. Yeah, had to get it

622
00:37:40,320 --> 00:37:42,690
get them over to podcaster
wallet, but that no, it was a

623
00:37:42,690 --> 00:37:48,180
very, it was a very involved, it
was a very involved process to

624
00:37:48,180 --> 00:37:54,060
take somebody from sort of zero
to 100. Like, it was very diff,

625
00:37:54,120 --> 00:37:58,380
it was a challenge, right. And,
and it was, it was such a

626
00:37:58,380 --> 00:38:01,620
challenge that I realized, I
can't even write this up in a

627
00:38:01,620 --> 00:38:03,510
document. Okay.

628
00:38:05,010 --> 00:38:05,520
Well,

629
00:38:06,630 --> 00:38:13,920
back to the pod, the listener
side. So, in order to send

630
00:38:13,950 --> 00:38:17,820
streaming money, you have to
have at least an outbound

631
00:38:17,820 --> 00:38:23,370
sending node that you can use.
The good news is that there's a

632
00:38:23,370 --> 00:38:26,910
lot of different ways this can
be done. And the reason why you

633
00:38:26,910 --> 00:38:30,390
need that is if you This is real
time, money. So when you send

634
00:38:30,390 --> 00:38:33,180
it, the other end has to be
online, or the payment just

635
00:38:33,180 --> 00:38:35,910
fails. It just doesn't happen
just goes nowhere. And it's

636
00:38:35,910 --> 00:38:40,230
done. So if you're receiving
SATs, you need to have a full

637
00:38:40,230 --> 00:38:45,000
node. But just as a podcast app
that has that built in, that can

638
00:38:45,000 --> 00:38:50,550
be something as simple as like,
well, the I think you found that

639
00:38:50,550 --> 00:38:56,160
initially the breeze wallet, it
has key send outbound. And I've

640
00:38:56,160 --> 00:39:00,210
been talking to Roy over there
at breeze for about a month now.

641
00:39:00,570 --> 00:39:03,990
And I expect them to come out
now. You know, they're also

642
00:39:04,050 --> 00:39:06,210
everyone's struggling,
everyone's doing what they can

643
00:39:06,210 --> 00:39:10,290
but they definitely have it on
their roadmap to come out with a

644
00:39:10,290 --> 00:39:14,310
podcast app. Not not a wallet,
but a product, a podcast app

645
00:39:14,310 --> 00:39:18,720
that has a wallet in it to
really deliver deliver a podcast

646
00:39:18,720 --> 00:39:23,550
experience with the the
streaming SATs built in. So I

647
00:39:23,550 --> 00:39:25,320
don't know what issues they're
going to come up against. I

648
00:39:25,320 --> 00:39:31,770
haven't seen a demo. There's a
back end to this that has to be

649
00:39:31,800 --> 00:39:35,730
run. For every half node they
spin up it has to have a router

650
00:39:35,730 --> 00:39:40,500
it has to have channel so they
they say that they are the

651
00:39:40,500 --> 00:39:43,350
inventors of the lightning
service provider and I take them

652
00:39:43,350 --> 00:39:46,680
at their word for that. And
let's see if they can figure

653
00:39:46,680 --> 00:39:51,330
this out and get that working.
While this is going on, you and

654
00:39:51,330 --> 00:39:54,180
I were talking and we had a
couple of different ideas and

655
00:39:54,180 --> 00:40:04,230
then I actually got a note from
From the the developer at

656
00:40:04,230 --> 00:40:08,760
strike, jack Mahler's, who was a
famous name in the Bitcoin

657
00:40:08,760 --> 00:40:15,060
lightning crowd. And he has, and
once I've, since we kind of got

658
00:40:15,060 --> 00:40:18,060
in conversation with him, I
understand what he's done. He's

659
00:40:18,060 --> 00:40:22,050
built Venmo for lightning Venmo
for Bitcoin. And in fact, it

660
00:40:22,050 --> 00:40:25,980
even uses the same Venmo archit
architecture to connect up to

661
00:40:25,980 --> 00:40:29,250
your bank account. plaid and all
that. Yeah. Oh, yeah. plaid

662
00:40:29,250 --> 00:40:32,850
right in the middle. Which I'm
not against. I don't use it, but

663
00:40:32,850 --> 00:40:33,690
I'm not against it.

664
00:40:34,500 --> 00:40:35,940
I do the debit card thing. Yeah.

665
00:40:36,510 --> 00:40:40,050
Well, yeah, exactly. So here's,
here's the idea that came out of

666
00:40:40,050 --> 00:40:44,850
these conversations. And we hope
to pick that up with with jack

667
00:40:44,850 --> 00:40:51,390
in the next week or so. The idea
we had there was to create a

668
00:40:52,140 --> 00:41:00,420
value for value API, so that we
could immediately enable any

669
00:41:00,420 --> 00:41:05,190
podcast app who can talk to this
API with the ability to do the

670
00:41:05,190 --> 00:41:09,990
lightning payments. And the way
that would work is strike would

671
00:41:09,990 --> 00:41:14,970
function both as the podcast
listeners wallet. And it could

672
00:41:14,970 --> 00:41:18,480
also function as the receiving
side, obviously. So if you're

673
00:41:18,480 --> 00:41:22,440
listening, so my idea the way it
came together, and which I think

674
00:41:22,440 --> 00:41:26,100
is possible, which I think
mallards gets, and I know you

675
00:41:26,100 --> 00:41:29,850
get it, is you have it. So let's
just take pod friend, I'm gonna

676
00:41:29,850 --> 00:41:34,530
take that as an example. Because
I use it. And you want to

677
00:41:34,530 --> 00:41:38,910
connect the pod friend
podcasting app, as it is today,

678
00:41:39,030 --> 00:41:41,880
to be able to send lightning
payments in real time when

679
00:41:41,880 --> 00:41:47,460
you're listening. And he would
literally get the stripe wallet,

680
00:41:47,670 --> 00:41:52,950
scan a QR code, and you're done.
And then your payments would

681
00:41:52,950 --> 00:41:56,850
come the way they do it. You can
go under a penny since it's

682
00:41:56,850 --> 00:42:00,000
still fiat money they're dealing
with but for every minute you

683
00:42:00,000 --> 00:42:06,450
listen, that amount will get
deducted from your account. Yes,

684
00:42:06,450 --> 00:42:09,030
and it's a perfect system, it
can totally work.

685
00:42:10,440 --> 00:42:14,490
And that developer, in this
case, Martin or

686
00:42:14,550 --> 00:42:15,750
jack ma or catcher?

687
00:42:15,780 --> 00:42:19,770
No. Yeah. Yeah, the add the
podcast app to them? Yeah, they,

688
00:42:19,800 --> 00:42:23,970
they don't have to bake in any
lightning wallet functionality

689
00:42:23,970 --> 00:42:27,780
at all. It's basically they're
just, they're just saying, okay,

690
00:42:27,780 --> 00:42:31,260
here's, they make a linkage and
initial linkage between the

691
00:42:31,260 --> 00:42:35,970
strike wallet and the app. And
then that part is finished. And

692
00:42:35,970 --> 00:42:40,650
then every time that that person
listens to the podcast that that

693
00:42:40,830 --> 00:42:43,830
did that every time that
listener listens to a podcast,

694
00:42:44,400 --> 00:42:48,120
in which they have said, I want
to donate this much money a

695
00:42:48,120 --> 00:42:53,010
minute that that will trigger.
And there will be an API call,

696
00:42:53,280 --> 00:42:55,560
he could batch them together and
later and say, well, there's

697
00:42:55,590 --> 00:42:58,830
there's 50 of these, you know,
in the past mean an hour, or

698
00:42:58,830 --> 00:43:01,950
whatever, and you just say, he
bet batch them together, make

699
00:43:01,950 --> 00:43:05,340
that API call every going to do
it with with the strike API. And

700
00:43:05,340 --> 00:43:08,340
that just getting the transfer
happens at that point. So you

701
00:43:08,340 --> 00:43:13,530
don't have to, there's really no
lightning, knowledge to ask to

702
00:43:13,530 --> 00:43:16,380
happen. And I think this is
critical, because one of the

703
00:43:16,380 --> 00:43:20,760
things that we had we ran into
one of the things we ran into

704
00:43:20,760 --> 00:43:24,960
was spent with Spencer helping
him set that up was, you know,

705
00:43:25,050 --> 00:43:27,720
getting the lightning nodes and
up and running and all that

706
00:43:27,720 --> 00:43:31,830
stuff. That's just part of the
game. Yeah, the next part is you

707
00:43:31,830 --> 00:43:34,140
got to make he got to have a
balance. He got to make a

708
00:43:34,140 --> 00:43:38,280
deposit in order to be able to
open channels, yes, to do an

709
00:43:38,280 --> 00:43:41,190
initial Bitcoin funding of your
node, and then you and then you

710
00:43:41,190 --> 00:43:44,550
have to wait for the channels to
open. Right? Just because

711
00:43:44,550 --> 00:43:47,550
there's open channels doesn't
mean that there's an open route.

712
00:43:48,810 --> 00:43:54,780
Correct? Correct. So well. But
the routing is interesting. I'd

713
00:43:54,780 --> 00:43:59,460
like to know what problems you
ran into there. But that's, if

714
00:43:59,460 --> 00:44:03,240
you're working with the vendors.
I think that's quite solvable.

715
00:44:03,270 --> 00:44:07,620
So already in my mind, what we
have we have what we have

716
00:44:07,620 --> 00:44:12,060
working 100% right now, if you
can, if you have a podcast app

717
00:44:12,330 --> 00:44:16,950
that can stream SATs with keys,
and you can participate in the

718
00:44:16,950 --> 00:44:19,980
game, the podcaster side was put
that over here for a second

719
00:44:19,980 --> 00:44:24,270
because you need a receiving
node. Yeah. So really the in the

720
00:44:24,270 --> 00:44:27,300
node business at the moment,
it's a very small industry. I

721
00:44:27,300 --> 00:44:31,200
mean, mind you, key sand only
got put into the lightning

722
00:44:31,200 --> 00:44:33,990
stack, what, six months ago?

723
00:44:34,259 --> 00:44:39,119
Yes, the 20 is Yeah, was it 20
even 2019? Or was it 20?

724
00:44:39,150 --> 00:44:41,640
Yeah, I think it was it might
have been 2020. So we're on the,

725
00:44:41,940 --> 00:44:45,960
on the knife's edge here. So
things are just kind of spinning

726
00:44:45,960 --> 00:44:52,320
up, but we have a use case. And
node universe is well Sphinx

727
00:44:52,320 --> 00:44:56,850
nodes. We've got those. I think
there's an outfit called noddle

728
00:44:57,510 --> 00:45:04,260
or nodal in, in Swift. And then
you have strike, which will do

729
00:45:04,260 --> 00:45:07,140
the keys end. At least that's I
don't know if they would

730
00:45:07,140 --> 00:45:12,870
currently but they can. And, to
me, this kind of led to a very

731
00:45:12,900 --> 00:45:17,460
logical next person to approach.
And that's gray and from

732
00:45:17,460 --> 00:45:23,100
voltage, because voltage lets
you spin up a node as you went

733
00:45:23,100 --> 00:45:28,080
through. And it's reasonably
inexpensive. Although that's the

734
00:45:28,080 --> 00:45:32,610
main thing I want to get to.
What I've seen him do it. So he

735
00:45:32,610 --> 00:45:35,310
really spins up a node on
voltage, which is completely

736
00:45:35,310 --> 00:45:39,330
void of any interface, anything,
you have the keys you can't

737
00:45:39,360 --> 00:45:41,790
have, there's no way for him to
even look at anything, do

738
00:45:41,790 --> 00:45:45,600
anything that would be helpful.
But there's a lot of interfaces,

739
00:45:45,600 --> 00:45:48,630
interfaces to different stats,
programs, different wallets,

740
00:45:48,630 --> 00:45:53,700
different ways to basically, at
the end, communicate with lnd is

741
00:45:53,700 --> 00:45:58,170
to tell to tell this one piece
of software what to do. So and

742
00:45:58,170 --> 00:46:00,120
we're talking with him later
today, I'm just going to tell

743
00:46:00,120 --> 00:46:02,040
you right now, because we'll
probably hear this after we

744
00:46:02,040 --> 00:46:04,920
speak to him. But this would be
the same for anybody who has

745
00:46:05,130 --> 00:46:08,340
this type of product. This and I
don't know that maybe many more?

746
00:46:08,340 --> 00:46:11,190
I don't know, I haven't run
across them. My ask would be the

747
00:46:11,190 --> 00:46:17,280
following. Can we implement the
same process with the value for

748
00:46:17,280 --> 00:46:22,710
value API, where you say, Okay,
I want to pledge enable this

749
00:46:22,710 --> 00:46:27,930
podcast app. And if you're new,
it's out now? Do you already

750
00:46:27,930 --> 00:46:30,660
have a podcast app that you'd
like, you're excited about it?

751
00:46:30,660 --> 00:46:33,480
You don't need to change
anything. I like this part. It's

752
00:46:33,480 --> 00:46:36,390
like, okay, I like I don't want
to get another podcast app. I

753
00:46:36,390 --> 00:46:40,200
like the one I'm using right
now. There's this you know, I,

754
00:46:40,500 --> 00:46:44,610
it's almost like saying, We're
Spotify, we've got Joe Rogan

755
00:46:44,610 --> 00:46:47,730
Come over here. Turns out, it's
really hard to get people off of

756
00:46:47,730 --> 00:46:52,470
their podcast that they love
them. It is it is religion to

757
00:46:52,470 --> 00:47:00,270
many people. So we're gonna
lightning Ify your your app. And

758
00:47:00,270 --> 00:47:06,180
here's how it works. You buy $10
worth of Bitcoin lightning

759
00:47:06,180 --> 00:47:12,690
Bitcoin from voltage. And here's
how it works. Okay, I want to do

760
00:47:12,690 --> 00:47:16,500
this view, click in your
existing podcast app, I want to

761
00:47:16,650 --> 00:47:20,460
participate, I want to send
streaming money, you click it,

762
00:47:20,490 --> 00:47:25,050
that's going to talk to the the
node API, the voltage API, like,

763
00:47:25,050 --> 00:47:30,630
okay, new node needed. And and
this is the this is really we

764
00:47:30,630 --> 00:47:33,450
have to talk about is, you know,
what is the base cost? What is

765
00:47:33,450 --> 00:47:38,100
the absolute minimum that we can
charge or that we have to charge

766
00:47:38,100 --> 00:47:43,110
or that is needed to run a very
small basic node that is only

767
00:47:43,110 --> 00:47:47,130
going to send about 20 bucks a
month in in lightning payments

768
00:47:47,130 --> 00:47:53,790
to different podcasts. So, in an
ideal world, it's, you're good

769
00:47:53,790 --> 00:47:57,060
to go, Okay, you ready, you want
to want to enable your podcast

770
00:47:57,060 --> 00:47:59,580
app, okay, let's get your credit
card or you know, whatever

771
00:47:59,580 --> 00:48:04,260
payment method, and he put that
in, and then within 45 seconds

772
00:48:04,260 --> 00:48:08,280
says, Okay being and the voltage
notice is set up a bit is

773
00:48:08,280 --> 00:48:12,120
authenticated with your app with
the app that you're using, it

774
00:48:12,120 --> 00:48:17,790
has loaded you up from the get
go with $10, maybe there's

775
00:48:17,790 --> 00:48:22,800
packages, $5 $10 $20 2550,
whatever, which you can top up

776
00:48:22,800 --> 00:48:25,710
in a number of ways. But you're
good to go from the minute that

777
00:48:25,710 --> 00:48:30,930
happens. So the node is created
with $10 worth of satoshis on it

778
00:48:31,350 --> 00:48:38,490
from the get go. I like it. I
think this can work. But the

779
00:48:38,790 --> 00:48:42,390
question is, what is the
proposition? Do we give the do

780
00:48:42,390 --> 00:48:47,670
we do we build into it? Okay,
you're. So now we have two

781
00:48:47,670 --> 00:48:51,360
players in the on the app side,
we have the podcast player that

782
00:48:51,360 --> 00:48:55,080
you're using. And then we have
the wish you're already using.

783
00:48:55,680 --> 00:48:58,140
And they need to get a piece
because that's the promise we've

784
00:48:58,140 --> 00:49:01,860
made. And then you have the
voltage or the node, which has

785
00:49:01,860 --> 00:49:08,670
to be paid for. And I presume
that this is very, very small in

786
00:49:08,670 --> 00:49:12,510
cost and resources. But it
either has to be paid a piece up

787
00:49:12,510 --> 00:49:17,790
front, so you pay $10 and you
get $9 worth of value

788
00:49:17,790 --> 00:49:22,380
constrained and and the node has
to take a percent. It can't be

789
00:49:22,380 --> 00:49:22,860
free.

790
00:49:23,520 --> 00:49:27,450
Right? Can't be free. And it
also can't be so expensive that

791
00:49:27,900 --> 00:49:30,120
did if it lies dormant for a
while that it's just going to

792
00:49:30,120 --> 00:49:31,590
become become an anchor.

793
00:49:31,800 --> 00:49:35,430
Right, which so the couple
things I like is you can do your

794
00:49:35,430 --> 00:49:38,190
voltage node by month if you
don't pay, it disappears, it's

795
00:49:38,190 --> 00:49:42,420
gone. Over and out you if you
want a new one, you start over

796
00:49:42,420 --> 00:49:50,370
again. Part two is we could make
this a beautiful experience. So

797
00:49:50,700 --> 00:49:54,570
someone who you said I want you
to pay money for these podcasts.

798
00:49:54,570 --> 00:49:58,410
I'm asking you, here's the way
you do it. They've already

799
00:49:58,410 --> 00:50:02,220
decided they're going to do it.
So then it's the offer, you

800
00:50:02,220 --> 00:50:04,980
know, so they know that money's
coming out of their pocket. And

801
00:50:04,980 --> 00:50:09,150
so if the author is put 10 bucks
in right now, the first month,

802
00:50:09,180 --> 00:50:14,220
it's $10, you get to spend all
$10. We're taking one percentage

803
00:50:14,220 --> 00:50:18,780
point off of every, every
payment you make. And I think

804
00:50:18,810 --> 00:50:22,950
there's a lot of ways that fees
can be built on the back end of

805
00:50:22,950 --> 00:50:28,410
a node business. But also, I
don't know if Graham or anyone

806
00:50:28,410 --> 00:50:32,970
is doing Fiat conversions, to
Bitcoin to lightning, there's

807
00:50:32,970 --> 00:50:36,030
all kinds of fees there. There's
ways to make money, but the

808
00:50:36,030 --> 00:50:39,630
experience has to be, you want
to do it good. It's going to

809
00:50:39,630 --> 00:50:42,930
cost you money. And here you go.
But everything else should be

810
00:50:42,930 --> 00:50:45,600
transparent. And I think it's
possible.

811
00:50:47,160 --> 00:50:50,700
Yeah, that the transparency,
really, the transparency is the

812
00:50:50,700 --> 00:50:55,440
key. Because if you're going to
everybody, everybody needs in

813
00:50:55,440 --> 00:50:59,490
the chain needs to make these
two needs to get peace. And if

814
00:50:59,490 --> 00:51:01,500
you if your tray, as long as
you're transparent about what

815
00:51:01,500 --> 00:51:05,610
that piece is, I mean, that's
fine. I mean, I think it's much

816
00:51:05,610 --> 00:51:10,170
more transparent than it is. If
you look at something like a, I

817
00:51:10,170 --> 00:51:14,760
don't know, Patreon fee or some
subs, or something like that,

818
00:51:14,910 --> 00:51:19,500
you know, and it's just like, he
says, fee. You know, it's,

819
00:51:19,800 --> 00:51:22,650
here's what I'm concerned about?
Well, I am concerned and not a

820
00:51:22,650 --> 00:51:27,960
concern. I really like the idea
of enabling existing apps. I

821
00:51:27,960 --> 00:51:36,120
think I think that's a huge, a
huge step forward. Just just for

822
00:51:36,120 --> 00:51:38,850
the reason that it's very
difficult to get people to try

823
00:51:38,850 --> 00:51:42,180
something to get someone to try
a new app and put money into

824
00:51:42,180 --> 00:51:45,480
this new app. Because that's how
they'll see it, they won't see

825
00:51:45,480 --> 00:51:50,400
the lightning node. You know,
they'll see a wallet indicator

826
00:51:50,520 --> 00:51:54,840
in their podcast app. I see no
reason for this. And you can't

827
00:51:54,840 --> 00:51:58,410
there's nothing voltage is
nowhere to go. So so the app

828
00:51:58,410 --> 00:52:00,300
then becomes your interface to
the wallet.

829
00:52:01,230 --> 00:52:06,450
Well, and then there's also this
aspect that wallet, lightning

830
00:52:06,450 --> 00:52:11,370
wallet developers are not going
to necessarily be good podcast

831
00:52:11,370 --> 00:52:15,810
app developers. Because podcast
app developers are focused on a

832
00:52:15,810 --> 00:52:20,340
good podcasting experience. Yep.
And and lightning node.

833
00:52:20,580 --> 00:52:24,000
Lightning app developers are
concentrating on a good

834
00:52:24,000 --> 00:52:26,430
Lightning Experience. Yeah,
those two things really don't

835
00:52:26,640 --> 00:52:30,570
mesh very well. Yeah. And so I
mean, it's really big. From a

836
00:52:30,570 --> 00:52:34,740
podcasting perspective, from
having a good podcasting app.

837
00:52:35,640 --> 00:52:38,730
You really want the podcast app
developers to be the ones

838
00:52:38,760 --> 00:52:42,810
designing the app. And then the
lightning stuff really shouldn't

839
00:52:42,810 --> 00:52:43,530
be secondary.

840
00:52:43,560 --> 00:52:50,040
I agree. And I think once and
this is where I think we pay

841
00:52:50,070 --> 00:52:54,750
play an important role. Because
we are in the we are directing

842
00:52:54,750 --> 00:52:58,200
traffic, we are a part of the
system. And I think it has to

843
00:52:58,200 --> 00:53:01,980
work that way with with an API.
But the good news is no one

844
00:53:01,980 --> 00:53:05,220
touches the money, the money
goes straight from the listener

845
00:53:05,460 --> 00:53:09,390
into the designated wallets of
the recipients it no one has to

846
00:53:09,390 --> 00:53:13,170
hold on to money or keys or
anything like that. But what

847
00:53:13,170 --> 00:53:17,220
excites me is now all of a
sudden, if we can get our API

848
00:53:17,220 --> 00:53:22,890
in. Now we can add stuff like a
boost button, which is synced to

849
00:53:22,890 --> 00:53:25,710
the timeline, you know, now
you're giving now you're giving

850
00:53:25,770 --> 00:53:30,540
our app developers all kinds of
fun stuff to work with. And I

851
00:53:30,540 --> 00:53:33,870
think community chapters will
also come out of it. Because now

852
00:53:33,870 --> 00:53:38,850
you have, you know, I can go
back to, you know, six weeks

853
00:53:38,850 --> 00:53:43,470
ago. And I can pull out every
single connection that that the

854
00:53:43,470 --> 00:53:47,340
podcast index got from the
Sphinx infrastructure. I mean,

855
00:53:47,340 --> 00:53:51,210
it's a beautiful database, it's
there to pull, just data sitting

856
00:53:51,210 --> 00:53:54,720
there, to pull out and to do
timeline stuff, and all kinds of

857
00:53:54,720 --> 00:53:58,470
fun things with and community
chapters. I mean, there's so

858
00:53:58,470 --> 00:54:01,050
many different things that I
think can be solved with this.

859
00:54:01,380 --> 00:54:04,500
I would love to be able to have
like a community chapter system,

860
00:54:04,740 --> 00:54:10,200
where when it pops up in the
app, you can boost the guy that

861
00:54:10,200 --> 00:54:14,850
made the chapter image or like,
you go Yeah, visual chapter.

862
00:54:14,850 --> 00:54:15,840
Yes, yes,

863
00:54:15,870 --> 00:54:16,890
yes, yes. Yes.

864
00:54:17,130 --> 00:54:19,950
I mean, it's just not just Dred
Scott. But like you could you

865
00:54:19,950 --> 00:54:24,060
know, if it's community
chapters, if this other guy got

866
00:54:24,060 --> 00:54:26,490
in the mix, and put a put a
chapter marker here with some

867
00:54:26,490 --> 00:54:29,220
cool art in it or something like
that, yeah, in drips, God

868
00:54:29,220 --> 00:54:32,040
approves it, you know, then they
both get a ticket book, get a

869
00:54:32,040 --> 00:54:33,840
paying on that ticket pace.

870
00:54:34,259 --> 00:54:37,229
Now enter the next piece of
business, which I think voltage

871
00:54:37,229 --> 00:54:40,919
could also provide or another
node node provider, and that's

872
00:54:40,919 --> 00:54:43,889
the podcaster side because now
you need some stuff on the back

873
00:54:43,889 --> 00:54:48,929
end. So I'm receiving stuff.
This is where I'd love for, you

874
00:54:48,929 --> 00:54:55,889
know, in an accounting system, a
rewards based system. You can

875
00:54:55,889 --> 00:55:01,049
also you know, this is where a
potential chat server would

876
00:55:01,049 --> 00:55:06,929
live, it can all be on the same
podcaster receiving system.

877
00:55:07,919 --> 00:55:13,829
Okay, now, here's the code
already exists. You know, this

878
00:55:13,829 --> 00:55:17,909
is the my my raspy Blitz, which
is a Raspberry Pi where I'm

879
00:55:17,909 --> 00:55:22,559
running a full node here in the
in the studio. I can already set

880
00:55:22,559 --> 00:55:26,729
up the Sphinx chat and interact
from my node to the Sphinx nodes

881
00:55:26,729 --> 00:55:28,349
in the same chat environment.

882
00:55:29,700 --> 00:55:33,240
Well, that brings up something
that did I know that I saw the

883
00:55:33,240 --> 00:55:37,320
other day in the news. I mean,
there's a lot of proposed

884
00:55:37,320 --> 00:55:41,040
regulations, it was in the
nation using a lot of Bitcoin

885
00:55:41,040 --> 00:55:43,560
regulation. Do you know anything
about that? And how? Because I

886
00:55:43,560 --> 00:55:46,740
know there's a there's a lot of
trepidation within the Bitcoin

887
00:55:46,740 --> 00:55:50,640
world about some of these new
regulations. And the tracking is

888
00:55:50,640 --> 00:55:55,140
supposed to be happening even
where it's something like I

889
00:55:55,140 --> 00:55:59,820
forget the limits, but they
still are fairly aggressive. I

890
00:55:59,820 --> 00:56:01,830
mean, maybe Do you know anything
about that?

891
00:56:02,399 --> 00:56:05,729
Well, I know a little bit about
both sides and both sides is one

892
00:56:05,729 --> 00:56:11,819
is, for obvious reasons. The
entire financial world does not

893
00:56:11,819 --> 00:56:15,509
like what's happening. Every
country wants their own central

894
00:56:15,509 --> 00:56:18,419
bank digital currency, it's a
whole nother conversation as to

895
00:56:18,419 --> 00:56:23,309
why the protectionism of the US
dollar is always done with a

896
00:56:23,309 --> 00:56:27,629
huge military force. So if you
think that you can go against

897
00:56:27,629 --> 00:56:32,639
the US dollar, go look at the
Middle East, and, and tell me

898
00:56:32,639 --> 00:56:36,299
what your future looks like that
I think they're attacking it.

899
00:56:36,299 --> 00:56:39,719
And first of all, there's no
attacking it, I can, we can be

900
00:56:39,719 --> 00:56:44,759
shuffling pieces of paper with
the with transaction IDs, with

901
00:56:44,969 --> 00:56:48,929
the sneakernet, and it would
still work. So there's no way to

902
00:56:48,929 --> 00:56:54,509
really stop it, what can be
stopped is taxation. So the

903
00:56:54,509 --> 00:56:57,839
minute you take the money out of
the Bitcoin system, which is

904
00:56:57,839 --> 00:57:00,479
what they will be doing, they
will be, and they have been,

905
00:57:00,689 --> 00:57:03,869
they'll be looking at when you
acquired it, and you'll have to

906
00:57:03,869 --> 00:57:06,359
have good records, luckily,
that's available that's built

907
00:57:06,359 --> 00:57:11,009
into the system. And, and he
will have to declare capital

908
00:57:11,009 --> 00:57:15,989
gains on any increase that came
along the way, which is fair, or

909
00:57:16,019 --> 00:57:19,679
reasonably fair within the
confines of the system that we

910
00:57:19,679 --> 00:57:26,399
live in. So that's one mechanism
of control. And the obvious

911
00:57:27,869 --> 00:57:31,979
mission is to have people all
using Bitcoin internally, and

912
00:57:31,979 --> 00:57:36,269
not, you know, making some money
spending it in in fiat currency.

913
00:57:36,629 --> 00:57:40,589
But keeping that within the
within the ecosystem, and we're

914
00:57:40,589 --> 00:57:43,079
not there yet, people right now
they're in the stack and SATs

915
00:57:43,079 --> 00:57:44,999
business, which is good, because
they're saving, and they're

916
00:57:44,999 --> 00:57:48,179
making money, but there's got to
be a way for it to be spent. So

917
00:57:48,179 --> 00:57:53,009
the cryptography is what they're
trying to do by saying, You

918
00:57:53,009 --> 00:58:00,209
can't have a cryptographic
wallet or system on your device.

919
00:58:01,259 --> 00:58:04,499
And I think that's what they're
trying to do that. And, and

920
00:58:06,270 --> 00:58:06,960
personally, I

921
00:58:06,960 --> 00:58:11,400
think the whole conversation
about we can't check on a

922
00:58:11,400 --> 00:58:15,150
terrorist iPhone, we need to
have the private keys. I don't

923
00:58:15,150 --> 00:58:18,540
think it's about terrorism at
all. I think it's it's about

924
00:58:18,540 --> 00:58:21,780
money. And it's about Bitcoin
and total control.

925
00:58:23,580 --> 00:58:27,750
Yeah, that's, I think you're
right, of course, but then I

926
00:58:27,750 --> 00:58:31,110
just wanted to bring it up,
because there's a fee, people

927
00:58:31,110 --> 00:58:35,850
need to know when they get in to
this to the Bitcoin ecosystem,

928
00:58:36,780 --> 00:58:42,240
then now you do have, it's not
like it's just free of any

929
00:58:42,240 --> 00:58:45,000
regulation or anything like
that. I mean, you when you're in

930
00:58:45,000 --> 00:58:48,000
big, just cut just like when you
if you make if you're making

931
00:58:48,000 --> 00:58:50,880
money off advertising in your
podcast, right now, you have to

932
00:58:50,880 --> 00:58:54,390
pay taxes on the income. Yeah,
and the same with the same with

933
00:58:54,390 --> 00:58:58,230
Bitcoin, when you've got, it's
still money. And it's still

934
00:58:58,470 --> 00:59:01,620
you've made a gain. So you still
have to, you know, there's,

935
00:59:01,860 --> 00:59:06,210
there's a lot of people that
there's a lot of people out

936
00:59:06,210 --> 00:59:09,780
there that misunderstand that
Bitcoin is, is a completely

937
00:59:09,780 --> 00:59:13,950
unregulated financial
instrument. And it's not. So you

938
00:59:13,950 --> 00:59:16,380
just need you need to make sure
that when you get in there,

939
00:59:16,800 --> 00:59:18,930
like, I guess what brought me
and brought it up, because you

940
00:59:18,930 --> 00:59:20,790
were talking about the
reporting, you know, that kind

941
00:59:20,790 --> 00:59:23,670
of thing. If you're a podcaster
and you're, you're making money

942
00:59:23,670 --> 00:59:27,300
in Bitcoin, if your local
regulations say that you're, you

943
00:59:27,300 --> 00:59:32,250
know, that that's a, an equity
or taxed in this way. You got to

944
00:59:32,250 --> 00:59:32,940
keep up with it.

945
00:59:33,029 --> 00:59:37,349
Right. Which is and and that's
relatively easy. I mean, the

946
00:59:37,349 --> 00:59:40,769
tools are there to track it and
the actual transactions

947
00:59:40,770 --> 00:59:44,400
are there forever. It's actually
easier than today. This is much

948
00:59:44,940 --> 00:59:47,820
easier than PayPal. I'll tell
you that much. Straight up.

949
00:59:47,850 --> 00:59:54,690
Yeah. So So that's, that's my
mission I for myself, and of

950
00:59:54,690 --> 00:59:56,670
course it whichever way and
we're going to talk to Dan

951
00:59:56,670 --> 01:00:00,900
Benjamin in a moment about you
know, that The current state of

952
01:00:00,900 --> 01:00:03,690
the industry with with
statistics and, and how that's

953
01:00:03,690 --> 01:00:06,750
working or not working, and he
has some interesting ideas about

954
01:00:06,750 --> 01:00:11,340
moving that forward. In my mind,
all the things we've come up

955
01:00:11,340 --> 01:00:17,640
against in the past three months
can be solved by by the

956
01:00:17,640 --> 01:00:24,060
lightning network, and by the
really by the ledger. So if we

957
01:00:24,060 --> 01:00:26,940
can make it stick, we can make
it work. And we can make it easy

958
01:00:26,940 --> 01:00:33,180
for the podcast app developers
to bake right in, man that that

959
01:00:33,180 --> 01:00:34,470
would be beautiful.

960
01:00:35,040 --> 01:00:40,380
Did we ever find out whether or
not you can put the timestamp

961
01:00:40,410 --> 01:00:42,360
into a lightning transaction?
Well, it's

962
01:00:42,360 --> 01:00:43,800
timestamp by default.

963
01:00:45,150 --> 01:00:48,390
But I'm talking about like, if
you let's just say that a

964
01:00:48,390 --> 01:00:52,950
podcast app didn't didn't have
very good bandwidth at the

965
01:00:52,950 --> 01:00:55,320
moment, you're listening, and
they needed to batch those

966
01:00:55,320 --> 01:00:59,580
transactions for later when you
come back online. Can you

967
01:00:59,580 --> 01:01:03,960
timestamp metadata into those
transactions so that it still

968
01:01:03,960 --> 01:01:08,880
tracks? Like where where it
should have been looking for

969
01:01:08,880 --> 01:01:12,930
stats something for stats
purpose? I don't know ever got

970
01:01:12,930 --> 01:01:13,680
an answer to that.

971
01:01:15,090 --> 01:01:16,620
So like an offline mode, you

972
01:01:16,620 --> 01:01:20,370
mean? Yeah. So like, if I'm, if
I'm on a plane, and I'm

973
01:01:20,370 --> 01:01:24,810
listening to a podcast, and it's
caching, it's building up these,

974
01:01:25,050 --> 01:01:28,770
like, 10 sets per minute on this
podcast, I'm listening to them

975
01:01:28,770 --> 01:01:33,150
on a land and reattached to LTE.
It now sends all those things as

976
01:01:33,150 --> 01:01:37,440
batch. Yeah, one trend, you
know, could Is there a way to

977
01:01:37,800 --> 01:01:40,680
timestamp those and with
metadata in some way to say,

978
01:01:40,680 --> 01:01:42,450
Okay, here's these transactions

979
01:01:42,480 --> 01:01:45,360
delays are delayed send to
delayed send, I think will be

980
01:01:45,360 --> 01:01:49,980
possible. Something like that.
Yeah. By the time we fix that 5g

981
01:01:49,980 --> 01:01:53,280
will be so prevalent, you'll be
fried from the radiation on the

982
01:01:53,280 --> 01:01:57,690
plane anyway. You won't need to
fix it. You'll be 5g everywhere.

983
01:01:57,780 --> 01:02:02,430
You just funnel your stats into
your health care costs for food

984
01:02:02,430 --> 01:02:03,120
and your brain can

985
01:02:03,300 --> 01:02:06,630
tell you I've gone pretty deep
on the on the whole Bitcoin

986
01:02:06,630 --> 01:02:12,750
maximalist thing, and I really
see the why wouldn't you just be

987
01:02:12,750 --> 01:02:17,130
a sovereign individual with a
node ID? And because you know,

988
01:02:17,130 --> 01:02:19,770
this splits thing that we've
come up with, which is like a

989
01:02:19,770 --> 01:02:23,190
royalty payment, why wouldn't it
all be so direct, we don't need

990
01:02:23,400 --> 01:02:25,380
I mean, you need some
government, but I can pay

991
01:02:25,380 --> 01:02:29,310
directly in real time for the
services I want. I can be a

992
01:02:29,310 --> 01:02:33,330
citizen of a of a country, just
bring my Bitcoin or just, you

993
01:02:33,330 --> 01:02:37,170
know, open, reopen my wallet on
the other side of the world. I

994
01:02:37,170 --> 01:02:39,840
mean, it really changes things
quite drastically.

995
01:02:41,010 --> 01:02:43,980
Yeah, I don't know if anybody's
ever bought and sold, like

996
01:02:43,980 --> 01:02:47,970
precious metal coins, like gold
coins. Like anything. Sure. And,

997
01:02:48,030 --> 01:02:54,180
you know, you, if you, if you go
if you get into that world, it

998
01:02:54,180 --> 01:02:58,260
really is sort of an eye opening
experience, because you go, you

999
01:02:58,260 --> 01:03:02,610
go into your local coin shop.
And, and so let's just say, you

1000
01:03:02,610 --> 01:03:06,060
know, you bought the 20 Silver
Eagles, and you go in there and

1001
01:03:06,060 --> 01:03:09,000
you say, Oh, I want to sell
these 20 Silver Eagles. So I

1002
01:03:09,000 --> 01:03:13,860
will have, you know, offer you
the offer you this much less.

1003
01:03:14,160 --> 01:03:17,490
Yeah, well, you're like, Okay,
sure, yeah, I'll take that. And

1004
01:03:17,490 --> 01:03:20,550
so they, they A lot of times,
the guy just reaches his pocket

1005
01:03:20,550 --> 01:03:24,660
and just write down off $100
bills in his hands. And you

1006
01:03:24,660 --> 01:03:27,480
think it's like, oh, there's no
receipt. It's like, No, no, it's

1007
01:03:27,480 --> 01:03:28,050
just money.

1008
01:03:28,109 --> 01:03:31,139
Yeah, just your exchange money.
It's a beautiful thing.

1009
01:03:31,470 --> 01:03:34,950
Yeah, it's crazy. It's years
ago, I sold something. I was

1010
01:03:34,950 --> 01:03:38,730
like, Oh, wait, what? It was
such a shocking experience that

1011
01:03:38,760 --> 01:03:42,090
Yeah. But that is kind of that
way in the in the Bitcoin world.

1012
01:03:42,090 --> 01:03:44,850
It's like, Well, okay, these
transactions just happen. And

1013
01:03:44,850 --> 01:03:45,240
they're done.

1014
01:03:46,800 --> 01:03:48,720
It's it doesn't doesn't there's
no step three.

1015
01:03:49,020 --> 01:03:50,280
Yeah, exactly.

1016
01:03:51,390 --> 01:03:53,580
Anyway, so I'm very excited
about this. I said, we're gonna

1017
01:03:53,580 --> 01:03:57,210
be talking to Graham from
voltage later today. And, and

1018
01:03:57,210 --> 01:04:00,420
run this by him. But I did want
to get it out there because

1019
01:04:00,420 --> 01:04:04,950
this, this should be an
industry. And once you've got

1020
01:04:05,070 --> 01:04:09,000
people comfortable with the idea
of flashing an app they already

1021
01:04:09,000 --> 01:04:12,960
use and and I just have this
vision of a QR code. You know,

1022
01:04:12,960 --> 01:04:16,590
it's like you, you've got the
app on your phone, and you go to

1023
01:04:16,590 --> 01:04:20,430
a website, scan the QR code,
you're done. You know, unless of

1024
01:04:20,430 --> 01:04:23,970
course you have to, you're in
startup mode and you got to put

1025
01:04:23,970 --> 01:04:27,690
your put your credit card in to
get it up and running. But

1026
01:04:28,470 --> 01:04:30,570
otherwise, that should be
completely transportable.

1027
01:04:31,770 --> 01:04:36,210
Yeah, yet this this fix app is
such a new, it's almost it's

1028
01:04:36,210 --> 01:04:41,940
such a radical rethink of, of
any thing that resembles a

1029
01:04:41,940 --> 01:04:47,580
podcast app, but it's so forward
looking. Did it it's almost just

1030
01:04:47,790 --> 01:04:49,860
it's almost too much. I mean,
like you get in there you're

1031
01:04:49,860 --> 01:04:52,260
like when you trying to get
somebody into the ecosystem.

1032
01:04:53,610 --> 01:04:57,240
Eventually they get it like they
get it on like day tours, but

1033
01:04:57,240 --> 01:05:00,960
it's the the paradigm is
reversed. That's because they

1034
01:05:00,960 --> 01:05:04,710
have a different paradigm. Their
paradigm is we chat. This is how

1035
01:05:04,710 --> 01:05:07,650
you talk to your friends. This
is how this is all encompassing

1036
01:05:07,650 --> 01:05:11,760
all in one Super Chat. And
they've added podcasting to it.

1037
01:05:12,240 --> 01:05:16,620
What the way it's just interface
Really? What would be nice if

1038
01:05:16,620 --> 01:05:19,830
it's podcast app, and then oh,
my goodness, look at all this

1039
01:05:19,830 --> 01:05:23,400
stuff. I can chat, I can add
chapters, I can do all these

1040
01:05:23,400 --> 01:05:27,090
other things. And and then even
the concept of a tribe makes

1041
01:05:27,090 --> 01:05:28,230
super sense. You know?

1042
01:05:29,880 --> 01:05:32,640
Did you see the discussions on
the index the other day about or

1043
01:05:32,640 --> 01:05:38,670
on the social mastodon about
doing that open discussion

1044
01:05:38,670 --> 01:05:42,000
system type deal? Because yes,
that would be great. Yes, if you

1045
01:05:42,000 --> 01:05:45,570
have an app, like, you know,
hyper catcher that's sitting,

1046
01:05:45,600 --> 01:05:49,500
this sitting there, allowing you
to chat in those chats are

1047
01:05:49,500 --> 01:05:53,310
showing up in in sinks, like,
right, but there'll be so

1048
01:05:53,310 --> 01:05:53,760
killer,

1049
01:05:53,820 --> 01:05:59,310
it's totally doable, as long as
everybody has a node. And if you

1050
01:05:59,310 --> 01:06:02,220
have the node for paying, then
you also have the node for doing

1051
01:06:02,220 --> 01:06:07,560
that kind of stuff. And the back
end code is already there. It's

1052
01:06:07,560 --> 01:06:09,510
done. You can install it right
away.

1053
01:06:10,530 --> 01:06:16,230
That the channels, the channels
get frustrating that, you know,

1054
01:06:16,410 --> 01:06:21,030
because I tried to send Spence
Spencer, I tried to send him

1055
01:06:21,840 --> 01:06:27,540
some test SATs just after we got
him set up and everything. And I

1056
01:06:27,540 --> 01:06:31,830
could send it from one look from
one node, I could stand fine.

1057
01:06:31,830 --> 01:06:35,580
And from another node, it just
said, No, no route.

1058
01:06:35,850 --> 01:06:38,220
Yeah, you will, you're already
three levels deeper than I want

1059
01:06:38,220 --> 01:06:42,210
anyone to ever go. Yeah, I mean,
see that that's, and that's what

1060
01:06:42,420 --> 01:06:47,400
a lightning service provider
like a breeze, like strike, like

1061
01:06:47,400 --> 01:06:52,290
a voltage. And also, like
Sphinx. That's their job. They

1062
01:06:52,290 --> 01:06:55,890
have to make sure that your that
that there's routing on the back

1063
01:06:55,890 --> 01:07:00,000
end, they have to I mean, any
any lightning wallet you get

1064
01:07:00,000 --> 01:07:05,070
from an app store, they're
allocating funds into a channel

1065
01:07:05,070 --> 01:07:05,940
for your app.

1066
01:07:07,020 --> 01:07:09,780
I wonder how strike one strike
does it? I mean, surely

1067
01:07:09,780 --> 01:07:13,050
everybody that opens a strike
wallet doesn't also have a note

1068
01:07:13,050 --> 01:07:15,360
the one to one note, customer
ratio?

1069
01:07:15,720 --> 01:07:19,620
strike? Yeah, no, no, they're I
think they're basically one big

1070
01:07:19,620 --> 01:07:20,340
supernode.

1071
01:07:21,060 --> 01:07:23,580
Yeah, yeah. So that that seems
easier to manage.

1072
01:07:24,000 --> 01:07:26,940
Yes. But it's a central point of
failure. There's a lot of

1073
01:07:26,940 --> 01:07:30,840
downside. You can easily be de
platformed in that in that

1074
01:07:30,840 --> 01:07:35,700
scenario. There's a lot of
things that I can see being

1075
01:07:35,700 --> 01:07:37,980
problem, but you know, we
haven't really spoken to jack in

1076
01:07:37,980 --> 01:07:39,450
detail about it. So I don't know

1077
01:07:40,260 --> 01:07:42,540
that that's one good thing that
that like sir Spencer, he was

1078
01:07:42,540 --> 01:07:46,530
like, I want to be in this game.
I want to be I want I want to be

1079
01:07:46,530 --> 01:07:48,600
an ecosystem. But I want to do
it the right way from the

1080
01:07:48,600 --> 01:07:49,080
beginning.

1081
01:07:49,080 --> 01:07:51,540
Right. Right. Right. Well, and
we're discovering that so I

1082
01:07:51,540 --> 01:07:55,740
appreciate his boldness to jump
in, and, and not worry about

1083
01:07:55,740 --> 01:07:56,730
getting scraped. And

1084
01:07:58,290 --> 01:08:01,380
that's what he said. He told me,
he's like, I had not real good

1085
01:08:01,380 --> 01:08:03,180
at this kind of stuff. I'm not,
I'm not.

1086
01:08:04,080 --> 01:08:06,030
Yeah, that's good. You're gonna

1087
01:08:06,030 --> 01:08:08,100
He's like, you had to hold my
hand through the whole thing as

1088
01:08:08,430 --> 01:08:09,000
well.

1089
01:08:09,900 --> 01:08:12,270
So he does, so he has a node up
and running right now. That's

1090
01:08:12,270 --> 01:08:12,870
all working.

1091
01:08:13,290 --> 01:08:15,900
Yes. And he's got to travel and
things with his podcast in it.

1092
01:08:16,200 --> 01:08:16,680
And

1093
01:08:17,340 --> 01:08:19,650
go like, What? What podcast is
it?

1094
01:08:20,910 --> 01:08:24,210
Oh, a bowl after bowl I think is
what is called.

1095
01:08:25,440 --> 01:08:26,640
Okay. Oh,

1096
01:08:27,120 --> 01:08:28,650
God. Oh, yeah.

1097
01:08:28,650 --> 01:08:30,930
I'll have to look that up on the
tribes. It's another one of

1098
01:08:30,930 --> 01:08:33,990
those things. You got to go to
tribes in the web browser first.

1099
01:08:34,259 --> 01:08:38,279
Yeah. You know, he was having
trouble joining podcasting. 2.0

1100
01:08:38,549 --> 01:08:39,269
tribe.

1101
01:08:39,330 --> 01:08:44,310
There's there's issues. I mean,
there's there's also just issues

1102
01:08:44,310 --> 01:08:48,420
with you know, it's it's big
infrastructure. waymon trot

1103
01:08:48,450 --> 01:08:52,350
tribes dot Sphinx chat is not
Yeah, I'm not getting anything

1104
01:08:52,440 --> 01:08:53,070
for it was

1105
01:08:53,070 --> 01:08:54,690
there? It was down this morning.

1106
01:08:54,720 --> 01:08:56,610
Oh, okay. So they're working on
it. Got it.

1107
01:08:56,639 --> 01:08:57,479
Yeah. Yeah.

1108
01:08:59,160 --> 01:09:00,690
Well, yeah. Anyway, so.

1109
01:09:01,620 --> 01:09:04,680
So I'm just gonna be clear with
you, Dave, my, and I know, you

1110
01:09:04,680 --> 01:09:09,240
know it, but my vision is if we
can get the lightning in. So

1111
01:09:09,240 --> 01:09:12,780
many other things fall into
place. Yeah. And it's the

1112
01:09:12,780 --> 01:09:16,230
future. It's where it's where
it's where it's like everyone

1113
01:09:16,230 --> 01:09:19,980
said, Oh, that's web 3.0. Well,
yeah, let's build it. Everyone's

1114
01:09:19,980 --> 01:09:22,560
talking. Yeah, everyone's
talking.

1115
01:09:23,160 --> 01:09:26,790
Well, with the web, the
lightning is the future and the

1116
01:09:26,790 --> 01:09:29,970
things that are holding, the
things that make it difficult

1117
01:09:29,970 --> 01:09:32,100
are the same things that make
anything that the beginning

1118
01:09:32,100 --> 01:09:37,200
difficult. It's, there's all of
the all of the all beginning

1119
01:09:37,200 --> 01:09:41,880
technologies are like this.
Yeah. And so you have to step

1120
01:09:41,910 --> 01:09:45,660
over the box, and you have to do
all these kinds of things to get

1121
01:09:45,660 --> 01:09:50,160
it to work because the lightning
network itself is so new. Yeah,

1122
01:09:50,220 --> 01:09:54,060
that you know, but it's got all
the pieces so I mean, we can

1123
01:09:54,060 --> 01:09:56,790
marry them together. It's just,
it'll be a bumpy ride for a

1124
01:09:56,790 --> 01:09:57,210
little while.

1125
01:09:57,630 --> 01:10:02,340
So So once we figured out If we
can get a partner on the other

1126
01:10:02,340 --> 01:10:06,540
side to talk to the API, how
long What do you think it'll

1127
01:10:06,540 --> 01:10:09,810
take to get to get the the
payment, the value for value API

1128
01:10:09,810 --> 01:10:10,440
up and running?

1129
01:10:11,670 --> 01:10:14,970
I don't think that will take
very long. All the pieces are

1130
01:10:14,970 --> 01:10:15,150
there.

1131
01:10:15,150 --> 01:10:16,860
Good answer, Dave Jones?

1132
01:10:18,330 --> 01:10:21,630
Yeah. No, and don't answer

1133
01:10:21,720 --> 01:10:28,410
no more questions. Period.
You're hilarious. No, it's it. I

1134
01:10:28,620 --> 01:10:31,680
mean, famous last words. And I
really don't think it would take

1135
01:10:31,680 --> 01:10:35,790
that long. Because once you
have, we're indexing the value

1136
01:10:35,790 --> 01:10:42,000
block. And so for for apps that
just need if we're interfacing

1137
01:10:42,000 --> 01:10:43,830
with lightning service
providers, we would just be able

1138
01:10:43,830 --> 01:10:48,000
to give them that. I mean, yeah,
it's just there. Yeah. And so

1139
01:10:48,000 --> 01:10:51,720
they and they, and we were doing
all this stuff already, like

1140
01:10:51,720 --> 01:10:54,750
making sure that the value block
is coming from an HTTPS feed,

1141
01:10:54,780 --> 01:10:58,410
make sure the district gets
valid, all that kind of jazz. So

1142
01:10:58,470 --> 01:11:00,780
I think I mean, I don't see how
there would be it would take

1143
01:11:00,780 --> 01:11:05,550
very long on our side. Yeah. All
right. Famous last word.

1144
01:11:05,910 --> 01:11:08,370
Well, next week, we'll have an
update, we'll let everybody

1145
01:11:08,370 --> 01:11:12,090
know, after we've spoken, and
maybe someone out there has an

1146
01:11:12,090 --> 01:11:15,030
idea. Or maybe they're like,
hey, I've got this stuff in my

1147
01:11:15,030 --> 01:11:18,330
head, I think I can do this. Or
here's another way of looking at

1148
01:11:18,810 --> 01:11:21,810
offsetting the cost or here's
how I can get the cost lower. I

1149
01:11:21,810 --> 01:11:25,830
don't know. But it has to scale.
And I'd rather push people

1150
01:11:25,830 --> 01:11:29,670
towards a invisible full node
that they don't really have to

1151
01:11:29,670 --> 01:11:33,180
know about. Because once they
have that, then the whole world,

1152
01:11:33,240 --> 01:11:35,190
the whole world will open to
them.

1153
01:11:35,970 --> 01:11:39,330
Well, that really is the beauty
of things. Things to you are

1154
01:11:39,360 --> 01:11:41,670
your hand. Do you have a nose?
Yeah, and you don't

1155
01:11:41,670 --> 01:11:44,250
know it? Really? That's I agree.
It's beautiful.

1156
01:11:44,640 --> 01:11:47,460
Yeah, they really have a
beautiful product. It's brain

1157
01:11:47,460 --> 01:11:50,850
twister on the pot for a
podcaster to get into. But it is

1158
01:11:50,850 --> 01:11:55,110
a beautiful product. Do we want
to thank some donors?

1159
01:11:55,140 --> 01:11:57,390
Yes. And then we got to get Dan
on because it's gonna be an

1160
01:11:57,390 --> 01:11:58,380
eight hour episode.

1161
01:11:59,850 --> 01:12:00,780
We're kicking off

1162
01:12:00,780 --> 01:12:03,570
the new year just right,
everybody. Yes, this is a value

1163
01:12:03,570 --> 01:12:06,780
for value, the whole everything
we're talking about. And I'm

1164
01:12:06,780 --> 01:12:09,420
going to do a lot more work
myself. And this year on

1165
01:12:09,720 --> 01:12:13,050
reminding people re explaining
maybe refining the value for

1166
01:12:13,050 --> 01:12:16,800
value store a story, the value
for value model the successes of

1167
01:12:16,800 --> 01:12:21,900
it. And this is a perfect
example. We started this on our

1168
01:12:21,900 --> 01:12:26,820
own dime. And but you know, just
putting the work into it, and

1169
01:12:26,820 --> 01:12:31,890
have asked anyone who likes what
we're doing. derive value from

1170
01:12:31,890 --> 01:12:34,110
it. You might be an app
developer, you might be a

1171
01:12:34,110 --> 01:12:36,420
hosting company might be a
podcast listener, you might be a

1172
01:12:36,420 --> 01:12:38,820
podcast, you might be someone
who just likes moving the world

1173
01:12:38,820 --> 01:12:41,640
forward. whatever value you get
from it, turn that into a

1174
01:12:41,640 --> 01:12:45,120
number, go to podcast. index.org
scroll down at the bottom,

1175
01:12:45,120 --> 01:12:48,060
there's a big red Donate button
you can also donate with with

1176
01:12:48,060 --> 01:12:53,040
lightning, Bitcoin, lightning.
It keeps everything running. It

1177
01:12:53,040 --> 01:12:57,450
keeps all the machines whirring.
It keeps us moving forward. And

1178
01:12:57,600 --> 01:13:00,300
well, one day, we hope to have
everybody participating in a

1179
01:13:00,300 --> 01:13:05,880
nice value flow. And we love to
thank our contributors who gave

1180
01:13:05,880 --> 01:13:08,130
us their time, their talent and
their treasure today.

1181
01:13:09,540 --> 01:13:14,610
And we got a good group. It's
starting off with Victor Victor

1182
01:13:14,610 --> 01:13:20,130
Gonzalez Faria and know that I
tried to channel my inner Alex

1183
01:13:20,130 --> 01:13:26,850
Trebek there. He would drop it.
It's it's a rock wall.

1184
01:13:30,510 --> 01:13:32,430
Or like hilarya Baldwin.

1185
01:13:34,110 --> 01:13:35,940
What do you say how you called
to come up to come?

1186
01:13:38,010 --> 01:13:40,350
Got from Boston, but I can't say
cucumber.

1187
01:13:40,710 --> 01:13:45,300
Okay. Is Victor gave us $100

1188
01:13:45,330 --> 01:13:47,550
Wow. Thanks, Victor.

1189
01:13:47,850 --> 01:13:50,760
short note he just says Great
job guys. Keep it up.

1190
01:13:50,790 --> 01:13:52,950
No, thank you. We will we will.

1191
01:13:55,020 --> 01:14:00,810
This is a long note from let me
scan to the end and make sure

1192
01:14:00,810 --> 01:14:03,030
it's not supposed to be
anonymous. Surely. No, it is

1193
01:14:03,030 --> 01:14:08,970
not. From Lauren ball. I don't
know if Lauren is a boy or a

1194
01:14:08,970 --> 01:14:17,370
girl. We will find out. Lauren
ball gave us $24.20 and it says

1195
01:14:18,600 --> 01:14:22,830
Happy New Year stats and sets.
This donation is the first of

1196
01:14:22,830 --> 01:14:26,700
what will become a recurring
reoccurring monthly. Adam if you

1197
01:14:26,700 --> 01:14:30,060
could please queue up the RTD to
karma jingle which I would like

1198
01:14:30,060 --> 01:14:33,600
to have as a de fragmenting this
I have been wanting to donate

1199
01:14:33,600 --> 01:14:37,950
for several months. In the
fragmenting I like that. Is that

1200
01:14:37,950 --> 01:14:38,850
look at D douchey.

1201
01:14:38,940 --> 01:14:42,660
I guess yeah, it makes sense.
defrag that person? Yeah, he's

1202
01:14:43,140 --> 01:14:44,520
different. All right, here we
go.

1203
01:14:46,830 --> 01:14:47,640
You've got

1204
01:14:50,160 --> 01:14:50,700
karma.

1205
01:14:53,790 --> 01:14:54,660
You've been a fragment.

1206
01:14:54,780 --> 01:14:56,220
You've been defragmented

1207
01:14:57,060 --> 01:14:59,550
since I have been wanting to
donate for several months and

1208
01:14:59,550 --> 01:15:02,940
finally freed up some extra cash
to support a movement I fully

1209
01:15:02,940 --> 01:15:03,630
agree with.

1210
01:15:03,990 --> 01:15:04,440
Oh good

1211
01:15:04,470 --> 01:15:07,200
if there if there is an extra
machine available for my monthly

1212
01:15:07,200 --> 01:15:10,500
donations to cover to cover and
this is not bad juju in the tech

1213
01:15:10,500 --> 01:15:15,570
community. May I have a machine
named ID? 10? t? No. No, you

1214
01:15:15,570 --> 01:15:17,940
can. That is not acceptable.
What

1215
01:15:17,940 --> 01:15:21,990
is I'm not familiar with ICD 10
T. That's an ID 10 t error.

1216
01:15:22,530 --> 01:15:26,880
If you write it out, Id one zero
T. Yes, late. It's leet. Speak

1217
01:15:26,880 --> 01:15:27,480
for idiot.

1218
01:15:29,580 --> 01:15:32,610
I got it. Yeah, that's no
sysadmin

1219
01:15:32,610 --> 01:15:35,880
jokes. Yeah. That's like, like
we used to talk to our clients.

1220
01:15:35,880 --> 01:15:39,120
And we talked about the locally
managed network operating

1221
01:15:39,120 --> 01:15:39,810
protocol.

1222
01:15:41,280 --> 01:15:43,980
lmnop Yes, yes. Nothing.

1223
01:15:46,500 --> 01:15:49,110
They go Oh, yeah, yeah, it does
that come with your advanced

1224
01:15:49,110 --> 01:15:52,290
statistics analysis package.
ASAP.

1225
01:15:53,790 --> 01:15:56,970
Okay, tell me real quick as I
interrupt this note, what was

1226
01:15:56,970 --> 01:15:57,840
data barn?

1227
01:15:58,440 --> 01:16:02,640
Oh, data barn mentioned that the
other day? Yeah. I with a bunch

1228
01:16:02,640 --> 01:16:05,790
of guys, when we had a whole
bunch of.com money. We put

1229
01:16:05,790 --> 01:16:12,450
together a data, a data colo
facility in Amsterdam on the

1230
01:16:12,450 --> 01:16:18,090
Amsterdam internet exchange.
This was in 2000. We had

1231
01:16:18,090 --> 01:16:21,990
everything the generators, the
unit, the whole thing all set

1232
01:16:21,990 --> 01:16:27,960
up, and was very capital
intensive. And for obvious

1233
01:16:27,960 --> 01:16:31,650
reasons, but that wasn't the
problem. The problem is I had a

1234
01:16:31,650 --> 01:16:35,850
50% partnership. And my part we
also had a helicopter,

1235
01:16:35,880 --> 01:16:42,420
fractional ownership company,
and and the data barn. And he

1236
01:16:42,450 --> 01:16:47,490
not only went broke, he left the
country turns out and I'd known

1237
01:16:47,490 --> 01:16:52,470
him for 10 years. He had a fake
identity. He was wanted by the

1238
01:16:52,470 --> 01:16:59,640
Scotland Yard for Grand Theft
Auto and trafficking MDMA. Oh,

1239
01:16:59,640 --> 01:17:05,310
yeah. Oh, this is really this
was I had a full on like, I had

1240
01:17:05,310 --> 01:17:08,760
to go away for a week and just
read you just collect my

1241
01:17:08,760 --> 01:17:13,170
thoughts, the betrayal of
someone you really know. Yeah.

1242
01:17:13,620 --> 01:17:18,180
And this was all in Amsterdam,
was I mean that that, that took

1243
01:17:18,180 --> 01:17:21,420
me out. I was just like, what?
And yeah, we had another

1244
01:17:21,420 --> 01:17:25,080
business called Jambi just
anarchy made by you, which was a

1245
01:17:25,080 --> 01:17:28,350
very early YouTube. And we had
we had taken a different route.

1246
01:17:28,350 --> 01:17:32,730
We had clients who were paying
broadcast clients. And the

1247
01:17:32,730 --> 01:17:36,060
minute this came out in the
press, they were like, okay,

1248
01:17:38,700 --> 01:17:42,720
we're no longer customers. So I
had to unwind everything. It was

1249
01:17:42,720 --> 01:17:47,670
very nasty. very nasty. Well, a
lot of experience and a lot of

1250
01:17:47,670 --> 01:17:49,800
experience in how not to do
stuff. That's

1251
01:17:50,940 --> 01:17:53,850
my secret identity is much
better. You will never find out

1252
01:17:53,850 --> 01:17:54,630
about us. Don't worry about

1253
01:17:56,310 --> 01:18:04,290
it. Is it Anthony Quinn? No, no,
no, no, no, no. Don't even

1254
01:18:05,640 --> 01:18:11,490
see. Well, I lost my place in in
Laurens. Yeah, I didn't hear

1255
01:18:11,550 --> 01:18:18,510
okay. For PE BK AC. I don't know
what that means. CAC. Me? I

1256
01:18:18,510 --> 01:18:20,850
don't know he'll have to explain
that to you. As an avid listener

1257
01:18:20,850 --> 01:18:23,700
to podcast this show has helped
me really understand that many

1258
01:18:23,700 --> 01:18:26,190
gears in the machine and
technological challenges it

1259
01:18:26,190 --> 01:18:29,970
takes to make podcasting
possible. sincere thank you to

1260
01:18:29,970 --> 01:18:33,060
all persons responsible for
pushing the experience forward.

1261
01:18:33,600 --> 01:18:36,510
Spotify has not been on my phone
for several months now because

1262
01:18:36,510 --> 01:18:42,900
of my poor quality of experience
in too many fucking ads. Said

1263
01:18:43,380 --> 01:18:47,700
personally I am tired of being
sold to. We experienced too many

1264
01:18:47,700 --> 01:18:51,840
ads in our daily lives. So I run
pod so I run pod verse podcast

1265
01:18:51,840 --> 01:18:55,290
addict and podcast guru now. I
love what these app developers

1266
01:18:55,290 --> 01:18:58,320
are doing to earn their
podcasting 2.0 certified bad

1267
01:18:58,320 --> 01:19:02,970
yeah, slap it on. Wow, yours.

1268
01:19:04,080 --> 01:19:07,290
Shortly I plan on buying some
Bitcoin to play in this new

1269
01:19:07,290 --> 01:19:09,300
methodology of direct support
are all

1270
01:19:10,110 --> 01:19:10,860
beautiful.

1271
01:19:11,220 --> 01:19:14,670
Admittedly, I do not fully
understand all of digital

1272
01:19:14,670 --> 01:19:18,120
currency. This show has educated
me about it far more than I ever

1273
01:19:18,120 --> 01:19:19,980
anticipated. The long note

1274
01:19:20,340 --> 01:19:21,240
it's no

1275
01:19:22,320 --> 01:19:26,070
fun idea. Imagine a podcast that
raises money for charity and

1276
01:19:26,070 --> 01:19:29,670
being able as a listener yes to
stream money directly to the

1277
01:19:29,670 --> 01:19:31,650
charity listening to the
podcast.

1278
01:19:31,679 --> 01:19:34,589
This is you know what Tina said?
I want

1279
01:19:35,340 --> 01:19:36,390
to share it again.

1280
01:19:36,450 --> 01:19:39,570
Oh yeah. No, she said I want to
foundation so when when when

1281
01:19:39,570 --> 01:19:42,360
your magic money machine as she
calls it, when it when it's

1282
01:19:42,360 --> 01:19:49,650
running? Whatever we have coming
in to our nodes like no agenda,

1283
01:19:49,650 --> 01:19:52,680
etc. Now you and I we get a
split off of this show as well.

1284
01:19:52,890 --> 01:19:55,980
She wants to take a split of
that and go into a wallet for

1285
01:19:55,980 --> 01:19:57,510
foundation. She wants to start

1286
01:19:58,950 --> 01:20:02,610
it seems was like, yeah,
fantastic. Let's do it. I love

1287
01:20:02,610 --> 01:20:03,810
it. I love that idea.

1288
01:20:04,140 --> 01:20:06,780
Okay, so you know how you go to
the grocery store sometimes and

1289
01:20:06,780 --> 01:20:09,090
they're like, you get to the
register and they say, Oh, do

1290
01:20:09,090 --> 01:20:12,060
you want to pitch in and a
$1 $3 $5

1291
01:20:12,120 --> 01:20:15,450
to support our troops? Cancer
breast cancer? Yep, sure. I do

1292
01:20:15,450 --> 01:20:18,480
it all the time. I'm always the
$5 guy. I always knew

1293
01:20:18,480 --> 01:20:22,830
that in Perth, you could you
could say, Okay, this, this

1294
01:20:22,830 --> 01:20:27,090
week's episode is going to be a
10% split to this charity and

1295
01:20:27,090 --> 01:20:27,210
all

1296
01:20:27,210 --> 01:20:31,440
you need is a node. Yeah, just
give me your note. Hey, charity,

1297
01:20:31,440 --> 01:20:32,430
what's your node ID?

1298
01:20:33,030 --> 01:20:35,520
Yep, should be on your website
should be on your on your

1299
01:20:35,520 --> 01:20:39,060
business cards. In is permanent.
If somebody listens to that

1300
01:20:39,060 --> 01:20:43,080
episode 10 years from now, it
will work. Yep.

1301
01:20:44,760 --> 01:20:50,640
Yes. So yes, yes, Lauren. You're
living the future. He's cracking

1302
01:20:50,640 --> 01:20:52,530
the code. Totally.

1303
01:20:52,920 --> 01:20:55,680
Several other ideas have come to
mind about the implementation of

1304
01:20:55,680 --> 01:20:59,070
your current tags and stuff too.
I should just join the social

1305
01:20:59,070 --> 01:21:02,970
already. Yes, you should. Oh fun
side note just last week I was

1306
01:21:02,970 --> 01:21:06,480
working I was at work listening
to a note into episode look down

1307
01:21:06,480 --> 01:21:09,060
at my phone during the cover our
segment and was able to actually

1308
01:21:09,060 --> 01:21:12,930
see the images of art john and
Adam were talking nice

1309
01:21:12,990 --> 01:21:16,920
nice effing rad stuff that is
being developed. I'm excited

1310
01:21:16,920 --> 01:21:21,210
about that. Cool. I'm excited to
be ahead of the curve in this

1311
01:21:21,210 --> 01:21:24,450
major development that is now in
motion. Apologies for the

1312
01:21:24,450 --> 01:21:27,000
rambling long note Happy New
Year to everyone peace and

1313
01:21:27,000 --> 01:21:29,580
prosperity Lauren, PS go
podcasting.

1314
01:21:31,230 --> 01:21:36,930
You know, I've been using pod
friend in the car. And it does

1315
01:21:37,020 --> 01:21:43,800
he really does a good job of
displaying the show name etc.

1316
01:21:44,940 --> 01:21:49,890
But no album art yet. And I am
so excited about the day when

1317
01:21:49,890 --> 01:21:55,410
I'm playing a show in the car
and then the the chapter images

1318
01:21:55,410 --> 01:21:58,740
will change on the display. I
don't know if it's possible, but

1319
01:21:59,190 --> 01:22:00,960
my goodness, wouldn't that be
beautiful?

1320
01:22:05,220 --> 01:22:08,910
The whole idea that you have a
web app that is interfacing to

1321
01:22:08,910 --> 01:22:11,610
your car stereo is just blowing
my mind

1322
01:22:11,610 --> 01:22:17,070
and you know, I've been using
graphene Oh s okay kicks ass

1323
01:22:17,070 --> 01:22:20,610
when it comes to whether you
just regular in the browser or

1324
01:22:20,610 --> 01:22:25,740
if I've saved it as a as a web
app. It works. You know, it pops

1325
01:22:25,740 --> 01:22:29,220
up on the lock screen so you can
pause it you know, it's always

1326
01:22:29,220 --> 01:22:33,060
playing it doesn't crap out in
the background. Phenomenal

1327
01:22:33,060 --> 01:22:34,530
difference with iOS.

1328
01:22:34,889 --> 01:22:37,889
So the pw a fully baked in
there.

1329
01:22:37,920 --> 01:22:41,310
Yeah, it's great. Yeah, it
really is very cool.

1330
01:22:43,170 --> 01:22:46,980
Get a new you have a new
automatic payment profile from

1331
01:22:46,980 --> 01:22:53,490
Christopher reamer. We've got
he's $10 a month and

1332
01:22:53,520 --> 01:22:57,840
subscription. Thank you Chris
Radek couldn't find in a wait

1333
01:22:57,840 --> 01:23:02,160
here. Yeah. didn't have enough,
actually. Thank you. Dave loves

1334
01:23:02,160 --> 01:23:04,650
listening on the in on the board
meetings. You guys make me laugh

1335
01:23:04,650 --> 01:23:05,460
and I learned stuff. It's

1336
01:23:05,460 --> 01:23:08,190
great. Yay. It's success. Yeah.

1337
01:23:08,400 --> 01:23:12,870
What bought Now tell me what
company what media company has

1338
01:23:12,870 --> 01:23:16,740
board meetings a that you can
attend be better enjoyable.

1339
01:23:17,340 --> 01:23:18,780
And see that you learn things?

1340
01:23:20,580 --> 01:23:21,840
Where does that ever happen?

1341
01:23:22,140 --> 01:23:26,460
Yeah. Thank you, Chris. We have
a peerage problem, by the way,

1342
01:23:26,460 --> 01:23:29,400
because we're out of we're out
of servers.

1343
01:23:29,760 --> 01:23:32,730
Oh, well. Well, you know, what's
next? We have to start naming

1344
01:23:32,730 --> 01:23:33,660
lightning nodes.

1345
01:23:34,440 --> 01:23:39,330
Oh, yes. You in the US service
have sponsored lightning node

1346
01:23:39,330 --> 01:23:40,260
304.

1347
01:23:41,550 --> 01:23:45,180
The whole node? Well, you can
actually name the node IDs. Oh,

1348
01:23:45,210 --> 01:23:48,480
that's me. every node can have
and it it carries through the

1349
01:23:48,480 --> 01:23:52,980
network. So you see curry cash.
That's me. And you see podcast

1350
01:23:52,980 --> 01:23:53,580
index.

1351
01:23:54,450 --> 01:23:55,080
Yeah, that's true. I

1352
01:23:55,110 --> 01:23:58,890
think it's m m one.com. Or
whatever. Whatever that website

1353
01:23:58,890 --> 01:24:03,360
is. You can explore the Explore
the network, find all the nodes.

1354
01:24:04,170 --> 01:24:10,140
If anybody has an idea for
peerage that play it yeah, it

1355
01:24:10,140 --> 01:24:16,080
can we say this if if somebody
if somebody donates, like, some

1356
01:24:16,380 --> 01:24:21,390
obscene level of money like
$5,000 I mean, we just announced

1357
01:24:21,480 --> 01:24:23,370
spin up a server just to name it
for

1358
01:24:23,400 --> 01:24:27,930
No, no, no. I'll come over
there. I will cook for you and

1359
01:24:27,930 --> 01:24:28,380
blow you.

1360
01:24:30,120 --> 01:24:30,930
martinis.

1361
01:24:32,310 --> 01:24:34,560
That's value for you. My friend

1362
01:24:34,890 --> 01:24:38,310
is too much like Hollywood is
way too much Hollywood,

1363
01:24:38,640 --> 01:24:40,890
and our next supporter day.

1364
01:24:42,030 --> 01:24:44,100
Here, Matt, Matthew.

1365
01:24:45,360 --> 01:24:50,190
Paragon Paragon. I could not
find a note from Matthew but

1366
01:24:50,190 --> 01:24:54,750
he'd gave us $10. Thank you.
Thank you, Matthew. And then we

1367
01:24:54,750 --> 01:24:58,350
had a blow through this one
first, even though it's about a

1368
01:24:58,350 --> 01:25:03,810
border. This one has been Martin
castle. And Martin gave us $5.

1369
01:25:04,440 --> 01:25:11,910
Thank you. And the last one was
somebody who's anonymous, and

1370
01:25:11,910 --> 01:25:16,470
they cleaned out a bunch of gift
cards at PayPal and so just they

1371
01:25:16,470 --> 01:25:19,320
gave us like the leftovers off
of a few different gift cards,

1372
01:25:19,320 --> 01:25:24,120
which was ended up being $8.90
Hmm. And I don't know, they it

1373
01:25:24,120 --> 01:25:27,600
came through as Jhansi Dvorak
was the name and then in the

1374
01:25:27,600 --> 01:25:30,180
note though, it just said this
is one of four donations

1375
01:25:30,180 --> 01:25:32,820
totaling 890 I'm not the real
Johnson

1376
01:25:34,140 --> 01:25:36,660
surprise Thank you.

1377
01:25:37,019 --> 01:25:40,709
Yeah, thank you. That was just
that's a good group.

1378
01:25:41,339 --> 01:25:44,129
That's the whole group is
beautiful group. Yeah, I'm just

1379
01:25:44,129 --> 01:25:46,859
I'm just I'm looking at the
troll room the no agenda troll

1380
01:25:46,859 --> 01:25:52,859
room. And it appears that comic
strip blogger is reporting to

1381
01:25:52,859 --> 01:25:58,349
everybody all the feed IDs of
the pirated Joe Rogan feeds

1382
01:25:58,349 --> 01:26:00,449
which apparently there's about
11 of them

1383
01:26:01,080 --> 01:26:04,170
Oh, I'm trying to keep them out
of the index because I don't

1384
01:26:04,170 --> 01:26:08,070
want that I don't hate right I
wonder if any of them are in

1385
01:26:08,070 --> 01:26:09,810
there. There was one the other
day that I pulled out

1386
01:26:09,840 --> 01:26:17,550
yes ram sexy dot XYZ Whoa, yeah.
That that XYZ top level domains

1387
01:26:17,550 --> 01:26:20,010
don't even get through my
piehole this like this like

1388
01:26:20,010 --> 01:26:24,090
persona non grata if you go to n
dot XYZ I'm not dealing with you

1389
01:26:25,020 --> 01:26:28,980
know that I need to I need to go
check those out and make sure

1390
01:26:28,980 --> 01:26:30,330
yeah, don't have any of those
and then yeah,

1391
01:26:30,360 --> 01:26:32,700
WooCommerce or blogger
apparently knows him. But I

1392
01:26:32,700 --> 01:26:34,560
don't know if he wants to
divulge them so we can

1393
01:26:36,510 --> 01:26:39,930
he stays on forum for personal
use I guess yeah, now I

1394
01:26:39,930 --> 01:26:43,770
can just I just don't want that
I mean, come on. Like it Joseph

1395
01:26:43,770 --> 01:26:46,980
friends like I'm gonna look like
a heel or something. Oh, look at

1396
01:26:46,980 --> 01:26:49,320
podcast index there. We're doing
so yeah.

1397
01:26:49,320 --> 01:26:52,140
Don't want to be known as the as
the people that help you pirate.

1398
01:26:52,200 --> 01:26:55,050
No, that's not. That's not
that's not cool.

1399
01:26:55,110 --> 01:26:59,280
Not cool. And we're not the
people who are enabling it is

1400
01:26:59,310 --> 01:27:03,810
damn a cast. And what's the
other one? The Spotify guys

1401
01:27:03,810 --> 01:27:05,040
themselves? What's the

1402
01:27:05,610 --> 01:27:06,780
via anchor?

1403
01:27:06,809 --> 01:27:09,719
They're enabling get themselves
fools. We're

1404
01:27:09,720 --> 01:27:11,820
fighting the good fight against
pirates. And

1405
01:27:11,820 --> 01:27:13,320
we are doing we are.

1406
01:27:14,010 --> 01:27:17,460
It's the pirates fighting the
pirates. Yeah. podcast.

1407
01:27:17,460 --> 01:27:20,430
index.org. Thank you to our
supporters once again. But

1408
01:27:20,430 --> 01:27:23,070
really thank you to everybody.
For your time, your talents and

1409
01:27:23,070 --> 01:27:25,470
your treasures is all the app
developers. This is all the

1410
01:27:25,470 --> 01:27:29,160
people on podcasts index dot
social people in the GitHub, any

1411
01:27:29,160 --> 01:27:32,040
podcast are interested. Thank
you. You're all contributing

1412
01:27:32,040 --> 01:27:34,290
towards something and we'll get
there. This is going to be our

1413
01:27:34,290 --> 01:27:40,170
year, I have a very good feeling
about it. It really do. And it

1414
01:27:40,170 --> 01:27:44,070
particularly because Bitcoin is
is back on everybody's radar

1415
01:27:44,100 --> 01:27:49,530
just because of its price point.
But a great use case, man we can

1416
01:27:49,530 --> 01:27:55,470
take off. Yeah, we can. I mean,
this is like CNBC would be

1417
01:27:55,470 --> 01:27:58,500
reporting on it. And if you can
show the house is a simple

1418
01:27:58,500 --> 01:28:02,400
process with an existing app.
And that's how I would position

1419
01:28:02,400 --> 01:28:06,030
it. It's like, Oh, your app. Oh,
it's not podcasting. 2.0 Hold

1420
01:28:06,030 --> 01:28:06,240
on.

1421
01:28:06,870 --> 01:28:08,190
Yeah. Yeah,

1422
01:28:08,280 --> 01:28:10,410
you don't have a badge. You
don't have bad scouts. And you

1423
01:28:10,410 --> 01:28:14,370
just scan this QR code, boom,
you could get done. And then you

1424
01:28:14,370 --> 01:28:17,040
have all that process in there.
I mean, we might as well make

1425
01:28:17,040 --> 01:28:20,130
subscribing to shows with QR
codes. I mean, I can see a whole

1426
01:28:20,130 --> 01:28:23,490
future of style, I can see so
much so much.

1427
01:28:23,820 --> 01:28:26,940
And it's all open, we'll build
everything in the open. It's all

1428
01:28:26,940 --> 01:28:30,750
open standard saving, nothing's
hidden and nothing siloed. It's

1429
01:28:30,750 --> 01:28:36,510
fast. Anybody can recreate it.
It's just, it's it's beautiful,

1430
01:28:36,720 --> 01:28:38,280
beautiful system, the whole
thing.

1431
01:28:39,210 --> 01:28:41,970
We get to our guests, anything
else that we need to talk about

1432
01:28:41,970 --> 01:28:47,370
before we step into the step
into the stats, we go from SATs

1433
01:28:47,370 --> 01:28:48,270
to stats,

1434
01:28:48,570 --> 01:28:51,780
I guess the only thing else I
was thinking about is just we

1435
01:28:51,780 --> 01:28:55,530
had great that last week's show
with James

1436
01:28:55,589 --> 01:28:57,899
was great. That was great. fun,
wasn't it? Yeah. Like

1437
01:28:58,710 --> 01:29:02,250
he had, he was a little
concerned that we spent time

1438
01:29:02,250 --> 01:29:04,260
talking about the freeze free
speech stuff. He was a little

1439
01:29:04,260 --> 01:29:07,800
concerned that, you know, that
wouldn't play well, because he's

1440
01:29:07,800 --> 01:29:10,770
not not an American and that
kind of thing. And the speech

1441
01:29:10,770 --> 01:29:12,900
laws are different in different
countries and stuff. But I was

1442
01:29:12,900 --> 01:29:15,930
like, you know, I shot him an
email back I was like, This

1443
01:29:15,930 --> 01:29:19,500
knows. To me, that was a
fantastic topic because we

1444
01:29:19,500 --> 01:29:23,010
don't, we don't really get to
get and we spend a lot of time

1445
01:29:23,010 --> 01:29:25,920
talking about technology techie
stuff, and we don't spend enough

1446
01:29:25,920 --> 01:29:28,920
time talking about the other
side of our mission, which is

1447
01:29:28,920 --> 01:29:33,990
the free speech angle, and it is
a complex topic. So I I really

1448
01:29:33,990 --> 01:29:37,710
enjoyed getting to talk about
it. Number one, number one, just

1449
01:29:37,710 --> 01:29:40,830
talk about it at all, because we
don't spend too much time

1450
01:29:40,830 --> 01:29:44,640
talking about it but then number
two, enjoyed having him there to

1451
01:29:44,640 --> 01:29:51,240
push back from from his side of
things, because you you sharpen,

1452
01:29:51,270 --> 01:29:53,070
you know, is it the iron
sharpens iron type of thing. I

1453
01:29:53,070 --> 01:29:56,460
mean, you you really, it helps
to have somebody push back on it

1454
01:29:56,460 --> 01:29:59,130
so you can refine your own
thinking about stuff, and then

1455
01:29:59,130 --> 01:30:02,310
everybody else gets To sit back
and listen and make up their own

1456
01:30:02,310 --> 01:30:02,790
minds, I

1457
01:30:02,790 --> 01:30:05,880
thought it was great. James
Cridland is very important to

1458
01:30:05,880 --> 01:30:10,440
this overall project. Everybody
plays an important role. But I

1459
01:30:10,440 --> 01:30:15,090
see stuff showing up like CBC,
talking about the future of

1460
01:30:15,090 --> 01:30:20,100
podcasting were mentioned.
That's because of James. People

1461
01:30:20,100 --> 01:30:22,320
go into James like, Hey, you
know what's happening, give us a

1462
01:30:22,320 --> 01:30:25,170
couple quotes. And he's very
kind and he, but he also gives

1463
01:30:25,170 --> 01:30:27,270
us what he really sees. So I

1464
01:30:27,270 --> 01:30:31,800
think that's really important to
have some somebody. I think it's

1465
01:30:31,800 --> 01:30:34,260
important to have people and
that's one thing I've enjoyed

1466
01:30:34,260 --> 01:30:37,920
about the mastodon is, you know,
everybody speaks their mind.

1467
01:30:37,950 --> 01:30:41,130
They're not just tiptoeing
around trying not to, they're

1468
01:30:41,130 --> 01:30:44,220
trying to walk on eggshells and
not offend somebody. They speak

1469
01:30:44,220 --> 01:30:47,670
their mind, they tell what they
really think, no matter how it

1470
01:30:47,670 --> 01:30:51,390
may be perceived. But then the
other person says, you know,

1471
01:30:51,390 --> 01:30:54,090
well, I just disagree with you,
that's that's Bs, or I don't

1472
01:30:54,090 --> 01:30:56,430
like that at all. And then it's
just, everything's fine.

1473
01:30:57,420 --> 01:31:00,360
There's no algo to mess you up.
There's no algo to throw anger

1474
01:31:00,360 --> 01:31:01,260
back in your face. I

1475
01:31:01,260 --> 01:31:04,440
know. If you don't have you
don't have weeks long flame

1476
01:31:04,440 --> 01:31:07,140
wars. Everybody's just like,
Okay, fine. We're moving on.

1477
01:31:07,170 --> 01:31:07,560
That's good.

1478
01:31:07,680 --> 01:31:12,510
One of the cool things of
podcasting 2.0 is that all these

1479
01:31:12,540 --> 01:31:16,770
other issues that have kind of
been hiding, or maybe not even

1480
01:31:16,770 --> 01:31:21,330
hiding, but have been unresolved
and kind of stuck in the same

1481
01:31:21,330 --> 01:31:27,720
chicken in the egg, you know, in
irons for the past 10 years? Oh,

1482
01:31:27,750 --> 01:31:33,390
you understand my nautical term,
that's the only one I have. In

1483
01:31:33,390 --> 01:31:37,050
one of those discussion threads,
and I really love that, you

1484
01:31:37,050 --> 01:31:41,040
know, we have podcasting index
dot social, because, you know,

1485
01:31:41,040 --> 01:31:45,030
people just feel free to talk,
it just seems to work has been a

1486
01:31:45,030 --> 01:31:48,300
discussion about stats. Now,
while it doesn't. Statistics,

1487
01:31:48,300 --> 01:31:53,310
while that doesn't necessarily
pertain to podcasting, 2.0 in

1488
01:31:53,310 --> 01:31:57,540
the namespace and the lightning
stuff that we're looking at and

1489
01:31:57,540 --> 01:32:01,680
implementing, it's something
that we might be able to help

1490
01:32:01,680 --> 01:32:04,560
solve, or at least facilitate
the conversation. Dave, you've

1491
01:32:04,560 --> 01:32:08,340
been talking to, I think a
number of people about this, and

1492
01:32:08,340 --> 01:32:10,860
and it gets into technical
details where I understand

1493
01:32:10,860 --> 01:32:13,890
what's being said, but the, the
nuances are too close for me to

1494
01:32:13,890 --> 01:32:18,570
understand necessarily without
really focusing on it. And I

1495
01:32:18,570 --> 01:32:23,130
know you've had what we've been
talking about Dan Benjamin, who

1496
01:32:23,220 --> 01:32:29,730
has some ideas on this, on this
front, and holy moly. He's with

1497
01:32:29,730 --> 01:32:33,300
us here. As if I didn't know Dan
Benjamin. Happy New Year to you,

1498
01:32:34,320 --> 01:32:37,050
guys. Thanks for having me back.

1499
01:32:37,080 --> 01:32:39,270
He already you already gave
yourself away laughing in the

1500
01:32:39,270 --> 01:32:39,930
low earlier.

1501
01:32:40,350 --> 01:32:43,800
Yeah, no. I laid it out
perfectly, though. So that was a

1502
01:32:43,800 --> 01:32:48,540
perfect execution on day sport.
Yes. Because I said I did not. I

1503
01:32:48,540 --> 01:32:53,460
did not say, who gave who gave
me the idea for the stats thing.

1504
01:32:53,670 --> 01:32:58,170
On on the on that episode. So in
case it was a dismal failure, I

1505
01:32:58,170 --> 01:33:00,690
could just blame somebody else.

1506
01:33:00,690 --> 01:33:02,820
I see. I see. That's a good
plan. Yeah.

1507
01:33:02,850 --> 01:33:06,120
But if it was a raging success,
I didn't have to give credit. I

1508
01:33:06,120 --> 01:33:09,630
could just keep it. Yeah, I
could say, Oh, I was just

1509
01:33:09,630 --> 01:33:12,510
kidding. It wasn't. It was me
the whole time.

1510
01:33:12,870 --> 01:33:16,980
Dave Jones, is is Dilbert come
to life, ladies.

1511
01:33:18,690 --> 01:33:20,910
office politics. 101, baby.
That's right.

1512
01:33:20,940 --> 01:33:25,110
Dan has been on the show before.
And he is the founder of

1513
01:33:25,110 --> 01:33:30,090
fireside FM fi as founder CEO.
The man.

1514
01:33:31,710 --> 01:33:32,550
Welcome back, Dan.

1515
01:33:33,990 --> 01:33:36,450
Thanks for having me back. Now,
this is a this is a really cool

1516
01:33:36,450 --> 01:33:39,390
topic. And it's something that,
you know, Dave, we had talked

1517
01:33:39,390 --> 01:33:42,750
about a little bit. And I you
had mentioned, you said how I

1518
01:33:42,750 --> 01:33:45,180
want to talk about it on the
show, but I don't, I won't. I

1519
01:33:45,180 --> 01:33:47,790
won't go into too much detail
about where it's from. And then

1520
01:33:47,910 --> 01:33:51,450
maybe we can come back and talk
about us and share. Sure. But I

1521
01:33:51,450 --> 01:33:54,240
thought you did a pretty good
job decent job of explaining it.

1522
01:33:54,870 --> 01:33:59,130
Thank you. Thank you very much.
I did not want to, if I

1523
01:33:59,130 --> 01:34:03,690
butchered it. I did not want to
make you look bad. So I kept it

1524
01:34:03,690 --> 01:34:07,920
to myself, but I think I think I
mean, I think there was some

1525
01:34:08,160 --> 01:34:11,490
some interest in it. But there's
also some misunderstanding some

1526
01:34:11,490 --> 01:34:16,410
sort of fundamental stuff that
was misunderstood about about it

1527
01:34:16,410 --> 01:34:19,200
initially, like a couple, like
one thing was immediately was

1528
01:34:19,200 --> 01:34:23,130
okay, this is tracking. And, you
know, the other thing is, are

1529
01:34:23,160 --> 01:34:26,730
you know, like, personalized try
were some somehow you could know

1530
01:34:26,730 --> 01:34:30,300
who it was. Right? You know, and
the other one was, we were

1531
01:34:30,300 --> 01:34:32,490
already well, we were we've
already done this before,

1532
01:34:32,490 --> 01:34:36,180
because you know, adding an
identity adding some sort of

1533
01:34:36,180 --> 01:34:41,340
unique ID to every download.
And, but it's sort of the

1534
01:34:41,340 --> 01:34:44,040
differences. A little is a
little subtle, though. Can I

1535
01:34:44,070 --> 01:34:44,940
maybe can do a better job.

1536
01:34:44,940 --> 01:34:47,580
Can I can I jump in for one
second as the guy who, who

1537
01:34:47,580 --> 01:34:51,450
doesn't understand much about
this, and so maybe that will

1538
01:34:51,450 --> 01:34:57,450
help with the simplicity of it.
Yeah. So the overall issue is

1539
01:34:57,960 --> 01:35:01,950
what do we know if someone When
downloaded a podcast and

1540
01:35:01,950 --> 01:35:06,330
episode, do we know if someone
listened. And I guess

1541
01:35:06,330 --> 01:35:09,360
preferably, and I'm thinking as
an advertiser or from the

1542
01:35:09,360 --> 01:35:17,190
advertising side, we'd love to
know if the person listened, you

1543
01:35:17,190 --> 01:35:19,410
know, where they listened, where
they didn't listen to all these

1544
01:35:19,440 --> 01:35:23,040
all these different nuances, we
need to know that the messaging

1545
01:35:23,040 --> 01:35:28,860
has been delivered. And so
there's an ongoing attribution

1546
01:35:28,860 --> 01:35:31,260
conversation, which I think is
it comes into that privacy

1547
01:35:31,260 --> 01:35:33,570
thing. It's like, Okay, are we
are we being tracked how we're

1548
01:35:33,570 --> 01:35:37,620
being tracked? Who has the
information? And then there's, I

1549
01:35:37,620 --> 01:35:41,430
think there's just seems like
fundamental differences because

1550
01:35:41,430 --> 01:35:47,790
of the type of advertising that
may be inserted, or? I don't

1551
01:35:47,790 --> 01:35:53,610
know, it just seems like, like,
it's a huge problem that no one

1552
01:35:53,610 --> 01:35:57,510
really can get past because all
of these are competing issues.

1553
01:35:57,990 --> 01:36:01,170
You're absolutely right. I mean,
so everything you said is

1554
01:36:01,170 --> 01:36:04,710
correct. So let's take a step
back. And if you look at the way

1555
01:36:04,710 --> 01:36:07,800
we used to count podcast
downloads in the early early

1556
01:36:07,800 --> 01:36:12,810
days in the, you know, in in
2006 2008, you know, early

1557
01:36:12,810 --> 01:36:15,900
times, we just treated them
almost the same way that we

1558
01:36:15,900 --> 01:36:19,590
treated, it's on a webpage is
that Oh, there's, you know,

1559
01:36:19,800 --> 01:36:23,340
there's someone goes to download
it, and and there's a record in

1560
01:36:23,340 --> 01:36:26,640
the log. And so we were actually
parsing our log files, right?

1561
01:36:26,640 --> 01:36:29,550
Like, we were looking at the log
files and counting up the number

1562
01:36:29,550 --> 01:36:34,050
of hits for an individual
episode, for example. And, of

1563
01:36:34,050 --> 01:36:36,810
course, now we can look back and
know that that was the wrong way

1564
01:36:36,810 --> 01:36:40,200
to do it. Because there's
something called range requests.

1565
01:36:40,230 --> 01:36:44,340
And so the HTTP 1.1 spec allows
for something called a range

1566
01:36:44,340 --> 01:36:47,220
request. And so behind the
scenes, what's happening is,

1567
01:36:47,220 --> 01:36:49,380
let's say you've got your
podcast client on your phone,

1568
01:36:50,040 --> 01:36:53,820
and you go to download the
latest episode of this show.

1569
01:36:54,330 --> 01:36:57,630
When that happens, your podcast
client goes to the server and

1570
01:36:57,630 --> 01:37:00,210
says, Hey, I want you know, I
sorry, guys, I don't know what

1571
01:37:00,210 --> 01:37:03,360
episode you're on here. But
let's say it's Episode 50. So it

1572
01:37:03,360 --> 01:37:06,750
was episode number 50. And the
server says, oh, how do you want

1573
01:37:06,750 --> 01:37:10,530
it? And the podcast client, the
app on your phone says, You know

1574
01:37:10,530 --> 01:37:14,640
what, it's 30. Meg's in size. So
we better break that up into

1575
01:37:14,640 --> 01:37:18,570
like, five megabyte chunks, and
give me six of those and send

1576
01:37:18,570 --> 01:37:23,400
them all to me at once. And so
what is technically one download

1577
01:37:23,460 --> 01:37:26,820
of the episode, if you are
looking at the log files,

1578
01:37:26,820 --> 01:37:29,970
there's going to be six, seven
requests for it. One is like the

1579
01:37:29,970 --> 01:37:32,850
initial request, then there's a
head request, then there's it

1580
01:37:32,850 --> 01:37:35,250
breaking it up into those
different chunks, there's a bit

1581
01:37:35,250 --> 01:37:39,420
of back and forth. So it might
actually look like 5678

1582
01:37:40,200 --> 01:37:43,770
downloads or requests for that
file. But that's for one person,

1583
01:37:43,920 --> 01:37:48,660
right? So we know that that's
not really seven downloads, it's

1584
01:37:48,660 --> 01:37:51,810
just one Well, how do we know
that we have to analyze the log

1585
01:37:52,080 --> 01:37:55,350
in a special way. Back in the
old days, I'd released an

1586
01:37:55,350 --> 01:37:58,500
episode of Oh, my God, we did
100,000 downloads is a brand new

1587
01:37:58,500 --> 01:38:01,740
show, this is amazing what
really, we got 15,000 downloads

1588
01:38:01,740 --> 01:38:05,760
and, and maybe not even that,
and that was because of this

1589
01:38:05,760 --> 01:38:11,850
range request problem. So as the
podcasting stats, segment of the

1590
01:38:11,850 --> 01:38:14,730
industry kind of evolved, they
realized this. So they tried to

1591
01:38:14,730 --> 01:38:19,350
come up with we tried to come up
with ways to resolve this issue.

1592
01:38:19,350 --> 01:38:22,620
And one of the ways is by
looking at IP addresses. And so

1593
01:38:22,620 --> 01:38:24,870
of course, it's a little
background for people who don't

1594
01:38:24,870 --> 01:38:28,380
know what the heck that means.
Every computer or device on the

1595
01:38:28,380 --> 01:38:30,450
internet, whether it's your
computer in front of you on your

1596
01:38:30,450 --> 01:38:33,180
desk, your iPad, your phone,
whatever it is, they all have an

1597
01:38:33,180 --> 01:38:36,600
IP address associated with them.
And you go when you make a

1598
01:38:36,600 --> 01:38:39,630
request for something, and it
logs that IP address. So when

1599
01:38:39,630 --> 01:38:42,060
you browse a web page, your IP
address gets logged, when you

1600
01:38:42,060 --> 01:38:45,030
download a podcast episode, your
IP address is locked somewhere.

1601
01:38:46,260 --> 01:38:48,360
And that seems fine. So you
could say okay, well, an

1602
01:38:48,360 --> 01:38:52,650
individual IP address that map's
to a single person. So if

1603
01:38:52,650 --> 01:38:54,990
there's a whole bunch of
requests from this one IP

1604
01:38:54,990 --> 01:38:58,230
address, well, then that's one
person downloading that one

1605
01:38:58,230 --> 01:39:01,950
episode, right? Wrong. That's
not how it works either because

1606
01:39:01,950 --> 01:39:05,160
of something called network
address translation. So every

1607
01:39:05,160 --> 01:39:09,150
single household, every single
business company, library,

1608
01:39:09,150 --> 01:39:14,580
coffee shop, you name it,
airport, they have one external

1609
01:39:14,580 --> 01:39:18,060
IP address. But within their
network, they might have

1610
01:39:18,060 --> 01:39:20,340
hundreds or even 1000s,
depending on the size of the

1611
01:39:20,340 --> 01:39:24,150
organization. But to the outside
world, any request that comes

1612
01:39:24,150 --> 01:39:28,110
from that. That company, let's
say let's say you work, let's

1613
01:39:28,110 --> 01:39:30,480
say work at a company, and
you're on a floor, and there's

1614
01:39:30,480 --> 01:39:32,700
100 other people on that floor,
and maybe that's your whole

1615
01:39:32,700 --> 01:39:37,740
company, 100 people. Well, every
single request that goes out to

1616
01:39:37,740 --> 01:39:40,710
the internet is going to come
from one IP address regardless

1617
01:39:40,710 --> 01:39:43,500
of which 100 people that are
there, but those 100 people

1618
01:39:43,500 --> 01:39:47,310
don't just have one device each
they all have a phone, maybe

1619
01:39:47,310 --> 01:39:51,240
two, right? They all have a
computer, maybe three. So if you

1620
01:39:51,240 --> 01:39:54,540
have let's say you subscribed on
your computer, in Apple podcasts

1621
01:39:54,540 --> 01:39:57,810
on your computer and on your
phone, you're using, you know,

1622
01:39:58,710 --> 01:40:03,060
downcast. Let's say what Doesn't
matter. Those are both going to

1623
01:40:03,060 --> 01:40:04,950
look like they're coming from
the same IP address to the

1624
01:40:04,950 --> 01:40:07,860
outside world. But not only
that, so it all the other 100

1625
01:40:07,860 --> 01:40:08,970
people on that floor,

1626
01:40:09,059 --> 01:40:13,349
understood. But here, here's the
here's the crux of the issue,

1627
01:40:13,349 --> 01:40:17,969
which I think if we're, maybe
we're just in this realm, but

1628
01:40:17,969 --> 01:40:21,509
really, if someone listened at
all, is what you want to

1629
01:40:21,509 --> 01:40:25,319
understand. Yes. So downloading
just is meaningless,

1630
01:40:25,409 --> 01:40:27,749
right? Download isn't even
enough. But let me just let me

1631
01:40:27,749 --> 01:40:29,939
just finish with this part to
just show you how complicated

1632
01:40:29,939 --> 01:40:34,139
this still is. Now, let's say
that 20 of those people are on

1633
01:40:34,139 --> 01:40:36,449
the software development team,
and they all listen to this

1634
01:40:36,449 --> 01:40:40,949
show. Now you're gonna get not
20 requests for this podcast

1635
01:40:40,949 --> 01:40:43,769
episode, you're gonna get 20
times however many range

1636
01:40:43,769 --> 01:40:45,779
requests that got, but they're
all gonna look like they're from

1637
01:40:45,779 --> 01:40:48,719
the same IP address. So what do
you do? Do you say, Oh, well,

1638
01:40:48,719 --> 01:40:51,809
that's one download? No, no,
it's not one download, because

1639
01:40:51,809 --> 01:40:54,599
there were 20 different people.
So it's actually 20 different

1640
01:40:54,599 --> 01:40:58,079
lessons. But you can't tell
that. You can't tell any of

1641
01:40:58,079 --> 01:41:01,139
that. And that that is the crux
of the problem. So the way that

1642
01:41:01,139 --> 01:41:03,929
they've tried to get around this
is by coming up with different

1643
01:41:03,929 --> 01:41:06,389
methodologies to say, well,
there were different user

1644
01:41:06,419 --> 01:41:09,029
agents, they happen within a
different time period, they

1645
01:41:09,029 --> 01:41:12,029
should have happened within a
certain time period. And all of

1646
01:41:12,029 --> 01:41:14,219
this other stuff that I think
places like if

1647
01:41:14,819 --> 01:41:17,579
it's a big grep, regex string.

1648
01:41:17,759 --> 01:41:22,349
Yeah. And that's exactly that is
exactly how we we have there are

1649
01:41:22,379 --> 01:41:24,899
regular expressions regex is
that are out there that are

1650
01:41:24,899 --> 01:41:28,079
updated all the time, whenever a
new user agent comes out, and

1651
01:41:28,079 --> 01:41:31,379
they're they're doing things
with it trying to ignore certain

1652
01:41:31,379 --> 01:41:32,129
IP addresses.

1653
01:41:32,549 --> 01:41:36,689
This explains a lot of what I'm
seeing Cridland and yes, Daniel

1654
01:41:36,689 --> 01:41:38,789
J. Lewis do okay. Now? Yes.

1655
01:41:38,790 --> 01:41:42,540
And so they are they are
involved in this open podcast,

1656
01:41:42,540 --> 01:41:46,770
working groups back trying to
keep up with all the new regular

1657
01:41:46,770 --> 01:41:50,700
expressions in different formats
so that we as like fireside as a

1658
01:41:50,700 --> 01:41:54,300
podcast host, I use those to
parse those downloads and figure

1659
01:41:54,300 --> 01:41:56,880
out Oh, this is the latest
version of this client. And this

1660
01:41:56,880 --> 01:41:59,130
is the other version of this
client. And they're changing all

1661
01:41:59,130 --> 01:41:59,910
the time anyway.

1662
01:41:59,910 --> 01:42:03,690
And so hold on, Dan. And so the
entire industry runs on this,

1663
01:42:04,050 --> 01:42:09,330
this grip regex. That's what Oh,
yes. But but it's still not

1664
01:42:09,330 --> 01:42:12,000
telling you if someone's
listening, I feel so much

1665
01:42:12,000 --> 01:42:13,590
better. It still doesn't.

1666
01:42:13,590 --> 01:42:19,170
But it's worse than that, Adam,
because not only don't we know,

1667
01:42:19,170 --> 01:42:23,160
if they're listening, we don't
even really know if a download

1668
01:42:23,160 --> 01:42:25,800
has occurred from a real person
or not, or whether it's been

1669
01:42:25,800 --> 01:42:29,040
scraped, or whether it's this
situation where there's 20

1670
01:42:29,040 --> 01:42:32,820
people and it looks like one or
one person in 20. So yeah, or a

1671
01:42:32,820 --> 01:42:35,310
bot. So the way that the way
that we address that first part

1672
01:42:35,310 --> 01:42:38,370
of the issue and my idea for
this, the IAB internet

1673
01:42:38,370 --> 01:42:40,980
Advertising Bureau, they came
out with a spec and that that's

1674
01:42:40,980 --> 01:42:44,790
the thing if you hear this term
called IAB compliance, or IAB

1675
01:42:44,790 --> 01:42:48,210
certified, if you're IAB
compliant, it means that you're

1676
01:42:48,210 --> 01:42:51,990
following their guidelines and
recommendations with your log

1677
01:42:51,990 --> 01:42:53,820
analytics algorithm. Do

1678
01:42:53,820 --> 01:42:57,900
they have a fancy badge that you
get when you're certainly if

1679
01:42:57,900 --> 01:43:01,830
you become certified? And my
understanding is that it is

1680
01:43:01,830 --> 01:43:06,330
something like, I'm not sure.
But I've been I've heard a bird

1681
01:43:06,330 --> 01:43:10,380
told me that it's something like
$50,000 to become certified.

1682
01:43:10,410 --> 01:43:14,220
Okay, so hold on. So the open
statistics Working Group, like

1683
01:43:14,220 --> 01:43:15,030
what was the name again,

1684
01:43:15,330 --> 01:43:19,020
I think it's called the open
podcast, working group

1685
01:43:19,020 --> 01:43:19,530
analytics,

1686
01:43:20,430 --> 01:43:21,060
analytics.

1687
01:43:21,839 --> 01:43:26,369
Thank you. So they're doing all
the work. And I B is charging

1688
01:43:26,369 --> 01:43:27,539
everybody 50 grand,

1689
01:43:27,990 --> 01:43:31,860
they charge 50 grand to certify
that the way that you are

1690
01:43:31,890 --> 01:43:34,860
analyzing your logs and
downloads are correct.

1691
01:43:35,070 --> 01:43:39,000
I need to certify apps 2.0
compliant for 50,000.

1692
01:43:39,240 --> 01:43:39,810
I know you do.

1693
01:43:42,570 --> 01:43:45,000
support this board meeting I
fully support

1694
01:43:46,110 --> 01:43:51,540
getting a journal. But so my
idea was I don't want to do

1695
01:43:51,570 --> 01:43:55,110
because I don't have $50,000 to
spend on being certified. So

1696
01:43:55,140 --> 01:43:59,370
fireside is compliant with IB.
We follow those methodologies,

1697
01:43:59,370 --> 01:44:01,860
but they're flawed also because
of some of the problems that

1698
01:44:01,890 --> 01:44:03,930
that you talked about on the
last show and what we just

1699
01:44:03,930 --> 01:44:06,630
talked about now as far as
looking at downloads and things

1700
01:44:06,630 --> 01:44:10,620
like that. It's not a perfect
system. And so my idea, which is

1701
01:44:10,620 --> 01:44:17,550
what Dave talked about, a couple
episodes back is if and I'm I

1702
01:44:17,550 --> 01:44:19,950
would like I'm working on a
little website for this I

1703
01:44:19,950 --> 01:44:25,560
haven't named yet maybe you guys
can help me name it. But I I

1704
01:44:25,560 --> 01:44:28,620
want someone to tell me why this
won't work because I've thought

1705
01:44:28,620 --> 01:44:30,420
it through I've thought about it
a lot. I thought about it for a

1706
01:44:30,420 --> 01:44:33,540
couple years. And I in anyone
I've

1707
01:44:33,540 --> 01:44:34,650
told it to that you have yet

1708
01:44:34,650 --> 01:44:38,730
to tell me Oh, that won't work
because but here's my idea. And

1709
01:44:38,730 --> 01:44:43,440
again, Adam, this does not
address listens, plays. He just

1710
01:44:43,440 --> 01:44:48,480
addresses the download part. But
here's my idea. The download

1711
01:44:48,480 --> 01:44:51,990
client, whether that's a podcast
app, or Apple podcasts on a

1712
01:44:51,990 --> 01:44:55,950
computer, or whatever, you can't
do this with a browser but but a

1713
01:44:55,950 --> 01:45:00,660
dedicated podcast client of some
kind when a download going to

1714
01:45:00,660 --> 01:45:03,510
happen when it knows that it's
supposed to download an episode.

1715
01:45:03,930 --> 01:45:08,280
What it will do is it will tack
on to the URL of the episode, a

1716
01:45:08,340 --> 01:45:12,360
query string, that could be
called something I probably tied

1717
01:45:12,360 --> 01:45:15,330
into the name. It could be good.
It could be token, it could be

1718
01:45:15,330 --> 01:45:15,900
some, you know,

1719
01:45:15,990 --> 01:45:17,910
oh, let's just call the spy.

1720
01:45:18,750 --> 01:45:23,400
What does that stand for? OSI?
No, it's not fine. Because and

1721
01:45:23,400 --> 01:45:26,160
I'll tell you why. That's fine.
So what it does is the client,

1722
01:45:26,190 --> 01:45:35,160
the client, john, underscore.
Nice. I'm sorry, I apologize.

1723
01:45:35,490 --> 01:45:39,480
So what what this what this
token does is it would be a

1724
01:45:39,510 --> 01:45:45,300
probably like a 32. character,
unique ID, it's generated, and

1725
01:45:45,300 --> 01:45:49,620
it's thrown away immediately. So
it's used only for this one

1726
01:45:49,620 --> 01:45:54,900
podcast client, downloading this
one episode, this one time, it

1727
01:45:54,900 --> 01:45:58,260
does not contain any other
information. It's not reusable.

1728
01:45:58,260 --> 01:46:02,430
It's not stored. It's not saved.
It's just generated once by the

1729
01:46:02,430 --> 01:46:06,210
podcast client, for this
individual request of this one

1730
01:46:06,210 --> 01:46:08,850
mp3 file. So if they want to
download the latest version of

1731
01:46:08,850 --> 01:46:12,660
this show, they're going this
one podcast client will generate

1732
01:46:12,660 --> 01:46:16,170
this ID and use it just for the
download of that episode, and

1733
01:46:16,170 --> 01:46:18,930
then throw it away. Never use it
again. It's never used again. Mm

1734
01:46:18,930 --> 01:46:22,590
hmm. It can't be tied to an
individual person it yes, you

1735
01:46:22,590 --> 01:46:25,470
could say, well, this token was
used for this IP. But that

1736
01:46:25,470 --> 01:46:27,570
doesn't tell you anything,
because the tokens never used

1737
01:46:27,570 --> 01:46:28,950
again, it's thrown out.

1738
01:46:29,490 --> 01:46:32,640
So it's okay. So maybe maybe
this is where I messed up. So

1739
01:46:32,700 --> 01:46:35,010
tell me if I messed this up,
then. Because what my

1740
01:46:35,010 --> 01:46:38,100
understanding was that you you
generate the token, you attach

1741
01:46:38,100 --> 01:46:41,820
it to the to the URL of that one
episode. But then if you as the

1742
01:46:41,820 --> 01:46:45,360
user download that, that
episode, again, let's just say

1743
01:46:45,360 --> 01:46:48,360
for some crazy reason you wanted
to download that same episode

1744
01:46:48,360 --> 01:46:52,350
four times it within a one hour
period, you would get a unique

1745
01:46:52,350 --> 01:46:55,140
ID a different ID every time or
would that one stick?

1746
01:46:55,440 --> 01:46:58,920
Well, you know that that's
actually a really nice little

1747
01:46:59,340 --> 01:47:02,700
improvement to it. I think. I
mean, if the client wants to

1748
01:47:02,700 --> 01:47:06,120
save that, and associated with
that download it could I don't

1749
01:47:06,120 --> 01:47:08,940
see a problem with that, that
would be fine. I hadn't really

1750
01:47:08,940 --> 01:47:09,810
thought about because

1751
01:47:10,230 --> 01:47:12,360
because I have it that works.
That works. I implemented it

1752
01:47:12,360 --> 01:47:15,750
because I implemented it on our
side and in the Web Player. And

1753
01:47:15,750 --> 01:47:19,650
it's doing it now. Like we're in
the Web Player and what it

1754
01:47:19,800 --> 01:47:23,820
generates new and every 24 hours
for that day. So like I see it.

1755
01:47:24,300 --> 01:47:27,660
It's very, very cool. Okay, and
that. So that still fits with

1756
01:47:27,660 --> 01:47:28,470
your program, right?

1757
01:47:28,800 --> 01:47:31,830
Yeah, absolutely. That would
work. But the point is, we're,

1758
01:47:32,010 --> 01:47:34,980
the reason that we throw it
away, is because we're trying to

1759
01:47:34,980 --> 01:47:39,720
provide anonymity for it. But
what we would never do what we

1760
01:47:39,810 --> 01:47:42,510
so I guess that token could be
saved indefinitely by the

1761
01:47:42,510 --> 01:47:45,540
podcast client associated with
that episode. Sure. That doesn't

1762
01:47:45,540 --> 01:47:49,200
hurt. The point is, it's not
used for multiple episodes, it's

1763
01:47:49,200 --> 01:47:53,520
not used for multiple podcasts.
It's only used once for that one

1764
01:47:53,520 --> 01:47:55,890
individual episode. So in
theory, it could it could stay

1765
01:47:55,890 --> 01:48:00,540
for 24 hours or, or forever, but
there is not going to ever be

1766
01:48:00,600 --> 01:48:06,030
any cross association with that
ID. And that keeps it so you

1767
01:48:06,030 --> 01:48:08,850
wouldn't be able to say the
person who downloaded this

1768
01:48:08,850 --> 01:48:12,030
episode is the same person who
downloaded this prior episode.

1769
01:48:12,030 --> 01:48:14,400
We don't care about that. And we
don't want to track that we want

1770
01:48:14,400 --> 01:48:18,060
to make it stay private. We want
to keep it anonymous, because

1771
01:48:18,360 --> 01:48:20,550
the whole thing that people
complain about, about things

1772
01:48:20,550 --> 01:48:23,760
like Spotify and other places
are they're they're selling our

1773
01:48:23,760 --> 01:48:26,250
listening data. This is one of
the big complaints that I've

1774
01:48:26,250 --> 01:48:29,850
heard about the latest Spotify
is buying wondering, you said

1775
01:48:29,850 --> 01:48:32,400
you said something really
important. They're selling your

1776
01:48:32,400 --> 01:48:35,550
listening data, right? That's
correct. They are selling your

1777
01:48:35,580 --> 01:48:40,140
they have your listening data.
And so you're never going to win

1778
01:48:40,290 --> 01:48:43,530
with downloads over listens. But
I think there's something even

1779
01:48:43,530 --> 01:48:48,660
worse at play. And I was
involved in the early early days

1780
01:48:48,660 --> 01:48:52,650
of internet advertising. We made
all the hits mistake. So I know

1781
01:48:52,650 --> 01:48:57,090
I know a lot about the In fact,
when statistics have always been

1782
01:48:57,090 --> 01:49:01,050
inherently so poor, that and
this was what think new ideas

1783
01:49:01,050 --> 01:49:06,630
there was a company that I took
public on NASDAQ. We branded it

1784
01:49:06,630 --> 01:49:09,930
what was what was that? That
basic stats package. It was like

1785
01:49:09,930 --> 01:49:12,690
everyone was using it. It was
kind of a desktop thing. Just

1786
01:49:12,690 --> 01:49:16,050
run your log through it. Can't
remember it. Oh, it

1787
01:49:16,890 --> 01:49:18,900
patchy it did your Apache stats
or whatever?

1788
01:49:18,900 --> 01:49:22,260
Well, it was literally a desktop
app. And it was called web

1789
01:49:22,260 --> 01:49:26,700
stats, I think, yeah, web stats.
And it was it was Windows app.

1790
01:49:27,300 --> 01:49:29,760
And so we'd print that out and
it would have all the basic

1791
01:49:29,760 --> 01:49:33,600
information. And but we did two
things. We branded it. We call

1792
01:49:33,600 --> 01:49:37,500
the ASAP, the advanced
statistical analysis program.

1793
01:49:37,800 --> 01:49:41,130
And it was a program because you
didn't just get this printout

1794
01:49:41,130 --> 01:49:44,940
and a dashboard. You got an
analysis with a professional,

1795
01:49:45,750 --> 01:49:50,130
which would be made and explain,
and I explained a number of

1796
01:49:50,130 --> 01:49:52,560
these things. But here's what I
learned because I worked with

1797
01:49:52,560 --> 01:49:56,820
the biggest brands, the biggest
advertising agencies that they

1798
01:49:56,850 --> 01:50:02,370
owned 18% of my company, in
fact, Omni comm The dirty secret

1799
01:50:02,370 --> 01:50:08,430
is, nobody really wants to know
the real truth. We don't really

1800
01:50:08,430 --> 01:50:11,190
want to know how many people are
listening or watching or

1801
01:50:11,190 --> 01:50:16,800
reading, because that would fuck
up the system. And that and

1802
01:50:16,800 --> 01:50:20,040
that's why you have this barrier
to entry is dinner, it would be

1803
01:50:20,250 --> 01:50:23,730
would be too low numbers. Yeah,
then First of all, the numbers

1804
01:50:23,730 --> 01:50:27,120
would fluctuate way too much.
And I think they would be much

1805
01:50:27,120 --> 01:50:30,930
lower than everyone has been
selling them at much lower. And

1806
01:50:30,930 --> 01:50:35,580
and and the same way Nielsen
Nielsen, they don't also really

1807
01:50:35,580 --> 01:50:39,360
want anyone to know it's it's a
big magic sauce, mumble and why

1808
01:50:39,360 --> 01:50:42,900
can No One No One Else ever
really get in the game? Is

1809
01:50:42,900 --> 01:50:47,490
because it's a lock in. And it's
a scam statistics like this,

1810
01:50:47,520 --> 01:50:50,580
which we know are inherently
very difficult. Otherwise, here,

1811
01:50:50,970 --> 01:50:55,980
if you look at, okay, so we have
by everyone's measure 50% of all

1812
01:50:55,980 --> 01:50:59,490
podcasts clients used is Apple.
That's what I'm seeing. That's

1813
01:50:59,490 --> 01:51:04,740
just minute between 40 and 60%.
Yeah, Apple has, for every

1814
01:51:04,740 --> 01:51:10,080
podcast, a beautiful chart of
people listening on on the on

1815
01:51:10,080 --> 01:51:14,040
their devices, of course, and
how long they listened and where

1816
01:51:14,040 --> 01:51:17,280
they listen, and I enjoyed
looking at these charts. Now, I

1817
01:51:17,280 --> 01:51:21,000
don't have my full statistics.
But I can see that, you know, we

1818
01:51:21,000 --> 01:51:24,810
do a donation segment and I can
see this blip, I can see a dip.

1819
01:51:24,990 --> 01:51:27,600
And I can what I've always
enjoyed is what it comes back

1820
01:51:27,600 --> 01:51:30,150
up. So people are fast
forwarding, and they're not

1821
01:51:30,150 --> 01:51:33,390
interested in that. But they
come back and it's a slope that

1822
01:51:33,390 --> 01:51:35,670
just goes off down to the right.
And you know, less and less

1823
01:51:35,670 --> 01:51:40,470
people are listening. But you
can extrapolate with that base,

1824
01:51:40,500 --> 01:51:45,030
it's much easier to say okay,
well, this is 50%. So let's make

1825
01:51:45,030 --> 01:51:48,600
it 25% and say it's a quarter of
all of this stuff. And here's

1826
01:51:48,600 --> 01:51:52,200
how much exposure your ad got.
No one is doing that. No one is

1827
01:51:52,200 --> 01:51:55,530
saying, hey, look at my apple
stats. Ah, because they're true.

1828
01:51:56,340 --> 01:52:01,410
And they're not that great.
Would you consider that that's

1829
01:52:01,410 --> 01:52:04,290
part of the issue, and that you
can only get into the exclusive

1830
01:52:04,320 --> 01:52:07,800
approved club if you got 50
grand? Yeah, I

1831
01:52:07,800 --> 01:52:11,460
mean, it might it might be and I
think I think there's something

1832
01:52:12,630 --> 01:52:15,300
you know, I think I think it's,
well, it's a really tricky

1833
01:52:15,300 --> 01:52:21,120
problem, because there are, you
know, apple, even even if Apple

1834
01:52:21,120 --> 01:52:23,610
let's say apples 50% of the
industry,

1835
01:52:23,639 --> 01:52:26,039
they are I mean, we're seeing
we're seeing the numbers, that's

1836
01:52:26,039 --> 01:52:27,119
what everyone's reporting.

1837
01:52:27,540 --> 01:52:32,040
So when you look at what Apple's
showing you, that's 50% of your

1838
01:52:32,040 --> 01:52:35,910
downloads, essentially, right
that, that or it might be more.

1839
01:52:35,970 --> 01:52:38,220
And so that's where these
download stats and the user

1840
01:52:38,220 --> 01:52:41,490
agents that Cridland and those
guys are working on is important

1841
01:52:41,490 --> 01:52:43,830
because one of the things that
we show you in fireside and I

1842
01:52:43,830 --> 01:52:46,050
imagine all the other hosts
should be showing this with

1843
01:52:46,050 --> 01:52:48,330
stats too is you can look at an
individual episode or your

1844
01:52:48,330 --> 01:52:52,290
podcast as a whole. And we show
you like essentially a donut pie

1845
01:52:52,290 --> 01:52:55,680
chart showing the breakdown of
all of the different clients and

1846
01:52:55,680 --> 01:52:57,990
who's using what and if you're
on the pro plan, you can click

1847
01:52:57,990 --> 01:53:01,170
and it'll actually break it down
into individual numbers as well

1848
01:53:01,170 --> 01:53:05,520
as percentages. So you can say
Oh, like 35% of this episode was

1849
01:53:05,520 --> 01:53:09,510
downloaded by Apple podcasts and
8% was overcast and 13% was

1850
01:53:09,510 --> 01:53:14,070
whatever. So you can actually
see that breakdown. And, and

1851
01:53:14,070 --> 01:53:17,850
that's useful. But then let's
say 30% of your downloads on

1852
01:53:17,850 --> 01:53:21,780
that individual episode of
whatever the podcast is. 30% was

1853
01:53:21,780 --> 01:53:26,250
from Apple, you can then look at
your Apple analytics over on

1854
01:53:26,280 --> 01:53:31,200
Apple podcasts and see what that
30% did. I understand but No One

1855
01:53:31,200 --> 01:53:31,410
No

1856
01:53:31,410 --> 01:53:34,680
One sells ads on that formula
you just mentioned exactly why

1857
01:53:34,680 --> 01:53:36,030
not? Exactly. And why not?

1858
01:53:36,179 --> 01:53:37,109
Because right.

1859
01:53:37,440 --> 01:53:42,870
I am. I've been in this scam
club, my friend. I have I've

1860
01:53:42,870 --> 01:53:46,470
been in it. I've seen it. That's
why I walked away from my own

1861
01:53:46,470 --> 01:53:52,470
company, podcasts of the pod
show later meevo which was just

1862
01:53:52,470 --> 01:53:55,530
an unfortunate turn of events
because I might have been able

1863
01:53:55,530 --> 01:53:58,650
to sell that silly network for
300 million these days. I was,

1864
01:53:58,770 --> 01:54:01,830
of course 10 years. 10 years
early. That's too early my

1865
01:54:01,830 --> 01:54:05,490
middle name. But I'm not bitter
about it. Because I've you know,

1866
01:54:05,520 --> 01:54:10,110
I made a perfectly beautiful
salary for 10 years. Everything

1867
01:54:10,110 --> 01:54:15,030
was fine. But I had to walk away
because at a certain point, the

1868
01:54:15,030 --> 01:54:18,060
content all of it had to be
brand safe for the real

1869
01:54:18,060 --> 01:54:21,540
advertisers, even BMW that's who
I'm talking about specifically,

1870
01:54:21,840 --> 01:54:25,650
Johnson Johnson, Procter and
Gamble, automotive pharma, oh my

1871
01:54:25,650 --> 01:54:26,340
gosh pharma.

1872
01:54:28,110 --> 01:54:28,860
Banks, all

1873
01:54:30,150 --> 01:54:33,000
telecoms, these are billion
dollar spenders on an annual

1874
01:54:33,000 --> 01:54:38,940
basis. So it had to be
guaranteed brand safe. And what

1875
01:54:38,940 --> 01:54:44,190
you result the result is poorly
produced content which has to be

1876
01:54:44,190 --> 01:54:47,970
done as cheaply as possible
because of the fluctuating cpms

1877
01:54:48,180 --> 01:54:53,790
which is also based on your
content and your brand safeness.

1878
01:54:54,060 --> 01:54:59,460
Right. And it's basically like
driving a NASCAR race but all

1879
01:54:59,460 --> 01:55:03,930
the stickers are On the
windshield, and I hated it. Like

1880
01:55:03,930 --> 01:55:06,930
I'd rather I'd rather not be
involved in advertising it just

1881
01:55:06,960 --> 01:55:11,580
it's, it's not. That's
advertising. So all I'm saying

1882
01:55:11,580 --> 01:55:16,500
is that the actual there's many
ways and I think personally, if

1883
01:55:16,500 --> 01:55:20,400
I were to just try and solve
this, I would build

1884
01:55:20,910 --> 01:55:21,450
a,

1885
01:55:22,560 --> 01:55:28,770
I would have a system that
tracks the actual listening. And

1886
01:55:28,770 --> 01:55:32,190
I think that you could, and that
would not go to a third party

1887
01:55:32,190 --> 01:55:34,680
necessarily, but that would be
the podcaster. And it would be

1888
01:55:34,680 --> 01:55:38,430
verifiable the podcasters own
data, okay, here's how many

1889
01:55:38,430 --> 01:55:40,860
listens I have. And here's where
they listen, here's where, you

1890
01:55:40,860 --> 01:55:44,460
know, for every, every 30
seconds, I think you could do

1891
01:55:44,460 --> 01:55:48,540
that and get a much higher CPM.
Much higher, you'd have to go

1892
01:55:48,570 --> 01:55:52,020
outside of this wonky system,
that everyone's just kind of

1893
01:55:52,020 --> 01:55:53,310
waiting for some innovation.

1894
01:55:53,910 --> 01:55:58,320
But here's a quick here's a
question, though. So when it

1895
01:55:58,320 --> 01:56:01,890
feels like this is probably sort
of scammy on both sides of the

1896
01:56:01,890 --> 01:56:04,410
equation. And it's not. When you
I guess when you first hear

1897
01:56:04,410 --> 01:56:06,630
about it, you think your your
natural inclination is to think

1898
01:56:06,630 --> 01:56:10,230
okay, well, the podcaster, or
the network or whatever, they're

1899
01:56:10,230 --> 01:56:14,010
the ones that want inflated
stats, is probably also the

1900
01:56:14,010 --> 01:56:15,750
advertiser wants inflated stuff.

1901
01:56:16,500 --> 01:56:20,520
But the advertiser is not the
customer. It's the agency, it's

1902
01:56:20,520 --> 01:56:24,690
the buying agency. It's the
exchange, no, no, if the

1903
01:56:24,690 --> 01:56:28,890
advertiser B, what are we saying
advertising? 50% of my money is

1904
01:56:28,890 --> 01:56:33,120
working. I just don't know which
half? And and that's, that's the

1905
01:56:33,120 --> 01:56:33,870
big joke.

1906
01:56:34,259 --> 01:56:38,069
You're absolutely right. Yeah,
it's the I mean, the sales guys

1907
01:56:38,069 --> 01:56:41,969
within the advertising arena,
they need inflated numbers just

1908
01:56:41,969 --> 01:56:45,989
as much as anybody else does.
And it's me, it's not, I don't

1909
01:56:46,229 --> 01:56:50,159
Well, I guess, but then the
truth cuts like a knife, though.

1910
01:56:50,159 --> 01:56:55,019
So if, let's just say you have a
more accurate way to do stats,

1911
01:56:55,409 --> 01:56:59,939
and somebody is doing it. You
know, Apple's doing some version

1912
01:56:59,939 --> 01:57:03,629
of that right now. And then an
open, more open standard could

1913
01:57:03,629 --> 01:57:07,829
exist that does that, well, then
at least the the truth at that

1914
01:57:07,829 --> 01:57:12,299
point begins to get so apparent,
that it may be hard to put it

1915
01:57:12,299 --> 01:57:17,429
back in the box, so to speak. So
I guess that could be, you know,

1916
01:57:17,429 --> 01:57:22,049
a way that it's like, well, I
see I see over here an app, if

1917
01:57:22,049 --> 01:57:24,959
you got Apple stats on one side,
and then you've got sort of an

1918
01:57:24,959 --> 01:57:29,249
open standard set of stats that
are supported by maybe four or

1919
01:57:29,249 --> 01:57:33,599
five other apps over here. And
then you begin to make that now

1920
01:57:33,599 --> 01:57:36,119
you have a lot of numbers to
work with. And you can say,

1921
01:57:36,119 --> 01:57:40,679
Well, now we can get some pretty
good ideas that we're at these

1922
01:57:40,679 --> 01:57:46,559
levels. And so then, then that
becomes hard to ignore. And I

1923
01:57:46,559 --> 01:57:48,689
don't know what ends up
happening from that. I mean,

1924
01:57:49,439 --> 01:57:54,359
maybe everybody, maybe the money
goes down initially. But then it

1925
01:57:54,569 --> 01:58:00,119
ultimately though, isn't that
better for everybody involved,

1926
01:58:00,119 --> 01:58:01,859
that everything's just more
accurate,

1927
01:58:01,860 --> 01:58:05,370
but what we need is a price
discovery mechanism. And that's

1928
01:58:05,370 --> 01:58:06,360
what we don't have.

1929
01:58:07,200 --> 01:58:08,670
Yes, okay. Yeah.

1930
01:58:09,300 --> 01:58:12,540
Or an honest price discovery
mechanism, right. There's too

1931
01:58:12,540 --> 01:58:16,920
many layers. There's too much
technology that, you know, bid

1932
01:58:16,920 --> 01:58:23,190
and ask in in AD exchanges, and
the ad exchanges on both sides

1933
01:58:23,190 --> 01:58:26,670
of the equation, which is, I
mean, if that happened on Wall

1934
01:58:26,670 --> 01:58:29,280
Street, there would be a revolt.
So

1935
01:58:29,760 --> 01:58:32,520
Well, here's what I was. I've
been thinking about this for the

1936
01:58:32,520 --> 01:58:36,000
last few weeks. There was an
article that was it came out

1937
01:58:36,540 --> 01:58:41,220
about or somebody wrote about
the New York Times The Daily

1938
01:58:41,280 --> 01:58:45,480
Show. Hmm. And it said that that
the daily generated $42 million

1939
01:58:46,020 --> 01:58:54,630
in revenue a year okay, $42
million from one podcast. If

1940
01:58:54,630 --> 01:59:00,570
supposedly the industry is up,
about 800 million total. Didn't

1941
01:59:00,570 --> 01:59:06,510
that means you have a humongous
chunk of ad spend? In the top

1942
01:59:06,510 --> 01:59:10,560
let's say 15 to 20 podcasts.
Yeah, by the time by the time

1943
01:59:10,560 --> 01:59:12,990
you get below that you're
getting into pennies.

1944
01:59:13,980 --> 01:59:19,530
Also also if I may, these buyers
Now, the last time I was in the

1945
01:59:19,530 --> 01:59:24,810
game was a little bit ago, a hot
minute, but the buyers were all

1946
01:59:24,870 --> 01:59:31,080
young people. I would say a lot
of the buyers came in word came

1947
01:59:31,080 --> 01:59:34,380
in as interns worked in the
agencies because I met with a

1948
01:59:34,380 --> 01:59:40,020
lot of them on the on the go
around with with me vo and so

1949
01:59:40,020 --> 01:59:46,590
now they're, you know, late 20s.
Just about hitting 30 and they

1950
01:59:46,590 --> 01:59:50,850
are in that position. Because
they understand the internet.

1951
01:59:50,880 --> 01:59:53,670
They understand Instagram,
that's that's how they came into

1952
01:59:53,850 --> 01:59:59,970
positions. And they have not had
the traditional branding school.

1953
02:00:02,760 --> 02:00:07,650
Some of the real basics of
advertising, and they're much

1954
02:00:07,650 --> 02:00:10,140
more interested in Oh, you got
me some Lakers tickets? Yeah,

1955
02:00:10,140 --> 02:00:14,070
no, we got to buy for you to the
whole system. And that's my

1956
02:00:14,070 --> 02:00:20,340
point that we'd have to blow up
the entire system. And I'm very

1957
02:00:20,340 --> 02:00:23,970
willing to do it, I think it'd
be very interesting if we can

1958
02:00:23,970 --> 02:00:28,020
connect the advertisers. And
this will happen in one degree,

1959
02:00:28,020 --> 02:00:30,660
the other the advertisers
directly to the listening

1960
02:00:30,750 --> 02:00:34,740
statistics. And in my mind, it
should be the same as someone

1961
02:00:35,040 --> 02:00:38,280
doing a value for value pledge
payment with with lightning.

1962
02:00:38,610 --> 02:00:41,220
It's like, Oh, I got this many
people listening. This is how

1963
02:00:41,220 --> 02:00:44,580
much money is going to the
podcaster? It can be that

1964
02:00:44,580 --> 02:00:48,180
honest. Right? It really can't.
Now, what is the impact one?

1965
02:00:48,390 --> 02:00:51,600
This is what I think would be
really, the way it would be

1966
02:00:51,600 --> 02:00:55,680
successful is so once we've gone
from, okay, the inflated number

1967
02:00:55,680 --> 02:00:58,350
said I had 1000 people
listening, but turns out really

1968
02:00:58,350 --> 02:01:03,570
it's 100. But guarantee these
100 people heard your message.

1969
02:01:04,320 --> 02:01:07,560
Now we want to look at an impact
study and recall and all of that

1970
02:01:07,560 --> 02:01:11,280
stuff. That's when you that
science is pretty real. Let's

1971
02:01:11,280 --> 02:01:15,180
understand exactly what the
recall is of an ad for someone

1972
02:01:15,180 --> 02:01:18,990
we know actually listened. And
not just a sampling of people

1973
02:01:18,990 --> 02:01:20,130
who might have listened.

1974
02:01:20,310 --> 02:01:23,070
Yeah, because if you have 1000
listeners, if you have

1975
02:01:23,070 --> 02:01:26,730
supposedly, if you have if you
have 1000 listeners, and they in

1976
02:01:26,910 --> 02:01:32,130
10 of them care about anything
involving your host read, or you

1977
02:01:32,340 --> 02:01:35,550
versus 100 listeners, and most
of them care about your host

1978
02:01:35,550 --> 02:01:38,310
read. I mean, that's a more
valuable audience at lower

1979
02:01:38,310 --> 02:01:39,450
levels. Mm hmm.

1980
02:01:40,230 --> 02:01:43,410
You would think so you would
think so? Yeah.

1981
02:01:45,000 --> 02:01:45,930
makes sense to me.

1982
02:01:46,410 --> 02:01:50,910
So. So, Dan. Yeah. I'd love for
you to consider that. I mean,

1983
02:01:50,940 --> 02:01:54,570
because I think you are onto
something. And there's

1984
02:01:54,570 --> 02:01:58,650
definitely a way to get a much
better handle on the downloads,

1985
02:01:58,650 --> 02:02:01,950
it doesn't solve the ultimate
problem. I just see all this

1986
02:02:01,980 --> 02:02:05,010
excitement and energy in you and
like, man, I want that in the

1987
02:02:05,010 --> 02:02:06,450
system. That's for the future.

1988
02:02:07,980 --> 02:02:11,700
And I totally agree. It's just
it's the hard part. The tricky

1989
02:02:11,700 --> 02:02:15,180
part what what we want it let's
just take a step back and say,

1990
02:02:15,180 --> 02:02:19,980
What do we want? We want to
know, really, I although we want

1991
02:02:19,980 --> 02:02:23,370
it to be anonymous, we want to
understand our listeners better?

1992
02:02:23,430 --> 02:02:25,920
I don't want to know, I'm just
going to stop you. I don't

1993
02:02:25,920 --> 02:02:29,820
believe that. No, no, I don't
believe you say we want to know

1994
02:02:29,820 --> 02:02:33,450
Yeah, I'm interested. I want to
know, I don't know, but I'm not

1995
02:02:33,480 --> 02:02:37,260
Yes. But the industry doesn't
want to know the industry wants

1996
02:02:37,260 --> 02:02:41,010
to make a lot of money based
upon an approved standard that

1997
02:02:41,010 --> 02:02:44,370
has a nice base. Okay, now let's
go up to a trillion or whatever,

1998
02:02:44,370 --> 02:02:48,090
we're pushing for a billion
dollars. So I just have to

1999
02:02:48,090 --> 02:02:51,750
interject that when you say we
want to know, I don't. Yeah, you

2000
02:02:51,750 --> 02:02:56,250
do? Sure. Cridland does?
Absolutely. Right. I think you'd

2001
02:02:56,250 --> 02:02:59,100
love to know more exactly what
your listeners are doing by

2002
02:02:59,100 --> 02:03:02,790
listening. That's what you
really want. Correct. You want

2003
02:03:02,790 --> 02:03:06,750
to know what your listeners are
listening to? Yes. Okay. So then

2004
02:03:06,870 --> 02:03:08,370
that's not downloads?

2005
02:03:08,759 --> 02:03:11,579
No, it is not downloads. It's
it's I guess listener behavior.

2006
02:03:11,579 --> 02:03:14,279
I mean, look at what you get,
look at what you get. When you

2007
02:03:14,279 --> 02:03:18,449
post a YouTube video. you post a
YouTube video, you can see not

2008
02:03:18,449 --> 02:03:21,029
just how many people watched it.
You can see how long they

2009
02:03:21,029 --> 02:03:23,669
watched averages, but you can
see individual things if

2010
02:03:23,669 --> 02:03:26,009
somebody are all if they're all
leaving your video at a certain

2011
02:03:26,009 --> 02:03:28,079
point or skipping through. So
yeah, but

2012
02:03:28,080 --> 02:03:30,660
I'm just going to push back.
That's all trickery. This is

2013
02:03:30,660 --> 02:03:34,890
lying with statistics. I saw how
Facebook went from Oh, three

2014
02:03:34,890 --> 02:03:37,560
seconds. That's view pay up
advertiser.

2015
02:03:39,960 --> 02:03:40,860
Yeah, you're right.

2016
02:03:40,980 --> 02:03:44,820
So So what do we do? And then
you, I'm giving you the answer.

2017
02:03:45,900 --> 02:03:50,850
The problem is we have a
podcaster. And the podcaster is

2018
02:03:50,850 --> 02:03:55,230
three levels removed from the
advertiser, maybe more. That's

2019
02:03:55,230 --> 02:04:02,100
the main problem. Now is not
every podcaster is equipped to,

2020
02:04:03,180 --> 02:04:06,810
to do the direct sales. And you
know, there's certainly a place

2021
02:04:06,810 --> 02:04:10,110
for an intermediary, but that
intermediary has to have

2022
02:04:10,110 --> 02:04:13,770
something real to differentiate.
I think that you can go to the

2023
02:04:13,770 --> 02:04:15,870
advertising companies say, Oh,
look, here's what we've done.

2024
02:04:16,080 --> 02:04:18,960
We've got the real listening
numbers for real listening

2025
02:04:18,960 --> 02:04:21,960
numbers. This is exciting, isn't
it? Yeah, that's exciting. Okay,

2026
02:04:22,140 --> 02:04:26,340
so here's what the real numbers
are. Okay. But you think these

2027
02:04:26,340 --> 02:04:29,340
numbers are lower? In fact,
they're even better and we're

2028
02:04:29,340 --> 02:04:31,830
gonna charge you more from them.
And here's why. And then you

2029
02:04:31,830 --> 02:04:35,400
roll out your recall and all
which I'm sure works, but then

2030
02:04:35,400 --> 02:04:40,050
you're dealing with real data.
And otherwise, to me personally,

2031
02:04:40,860 --> 02:04:43,890
you're just fighting against
something which is you have no

2032
02:04:43,890 --> 02:04:48,030
chance. You can't even pay the
barrier to entry to join the

2033
02:04:48,030 --> 02:04:54,810
club. They don't want you I
don't want to you know, pissing

2034
02:04:54,810 --> 02:04:59,070
your cornflakes but you're so
smart and and I'd love to work

2035
02:04:59,070 --> 02:05:04,890
with you on Making a new system.
Let the IAB run around with this

2036
02:05:04,890 --> 02:05:08,670
one, then they're the only game
in town. We could be something

2037
02:05:08,670 --> 02:05:09,270
different.

2038
02:05:09,450 --> 02:05:10,770
I mean, I'm all in.

2039
02:05:11,849 --> 02:05:20,579
All right. Well, here's a crazy
idea, though. So no in circles

2040
02:05:20,609 --> 02:05:24,539
that it is not. I'm not gonna
say this.

2041
02:05:25,290 --> 02:05:27,450
This is Dave being political?
No,

2042
02:05:27,870 --> 02:05:28,320
I'm trying.

2043
02:05:29,760 --> 02:05:34,710
I'm trying. Okay. Clear.
Clearly, we are all on board

2044
02:05:34,830 --> 02:05:38,850
with, with privacy, no tracking,
all these kinds of things. I

2045
02:05:38,850 --> 02:05:43,020
mean, these are all
fundamentals. It's why we love

2046
02:05:43,020 --> 02:05:48,930
things like lightning, Bitcoin,
all these things. But so here's,

2047
02:05:48,960 --> 02:05:52,650
here's the thing that probably
would piss everybody off. But it

2048
02:05:52,980 --> 02:05:58,920
is. I mean, what about an open
an open listening? tracking

2049
02:05:58,950 --> 02:06:00,240
standard? Yeah,

2050
02:06:00,269 --> 02:06:03,839
yeah, I'm all for that. But why
not? I mean, there's easy,

2051
02:06:03,929 --> 02:06:05,849
there's easier ways to do it, I
think, but

2052
02:06:06,660 --> 02:06:11,340
I don't really care. I don't
care risk so much. If If I'm

2053
02:06:11,340 --> 02:06:12,600
tracked, if I'm,

2054
02:06:12,600 --> 02:06:16,440
if I'm going to, I have a couple
of ways to support my podcast.

2055
02:06:18,330 --> 02:06:23,070
Okay, I sit through some ads,
sometimes I think I usually fast

2056
02:06:23,070 --> 02:06:27,990
forward through a lot of them. I
want to make donations, I want

2057
02:06:27,990 --> 02:06:32,130
to make pledges. As long as I
know, it's happening. I get

2058
02:06:32,130 --> 02:06:35,550
options all the time. You know,
try, you know, do you want this

2059
02:06:35,550 --> 02:06:38,100
app to track you to make it
better? No, I say no to

2060
02:06:38,100 --> 02:06:43,140
everything. But I think enough
people would say okay, you know,

2061
02:06:43,170 --> 02:06:45,420
that's, you know, we all
understand.

2062
02:06:46,710 --> 02:06:47,730
Okay, backtrack.

2063
02:06:49,290 --> 02:06:52,050
Free turns out to be really
expensive. That's what that's

2064
02:06:52,050 --> 02:06:55,050
what I think everyone is
starting to realize. So you got

2065
02:06:55,050 --> 02:06:58,170
to do something, give something
and if it was more like, Oh, I

2066
02:06:58,170 --> 02:07:00,810
just want to know, if you're
listening, and I'm not tracking

2067
02:07:00,810 --> 02:07:04,350
everything else you're doing,
what your what, who you're

2068
02:07:04,350 --> 02:07:07,470
emailing how you're holding your
device. I'm not doing any of

2069
02:07:07,470 --> 02:07:11,910
that. Because I don't have that
information. I truly only have a

2070
02:07:11,910 --> 02:07:17,880
listening metric from you. And
if you make it, you could say if

2071
02:07:17,880 --> 02:07:23,550
you really don't want that, turn
it off. That's fine. I'm all for

2072
02:07:23,550 --> 02:07:27,090
it. I'm all for an open listen
standard. In fact, it's kind of

2073
02:07:27,090 --> 02:07:29,790
infuriating that hasn't been
created before, as long as it's

2074
02:07:29,820 --> 02:07:34,260
open and transparent. Yeah, it's
the secret shit that everyone

2075
02:07:34,260 --> 02:07:35,220
gets mad about.

2076
02:07:35,639 --> 02:07:37,889
It's that Yeah, just say I think
that's right. It's this. It's

2077
02:07:37,889 --> 02:07:40,259
the secret stuff. It's like if
you had, you know, an

2078
02:07:40,259 --> 02:07:41,099
anonymized?

2079
02:07:41,190 --> 02:07:43,980
Well, this is why I like the
lightning idea that we had Dave.

2080
02:07:44,490 --> 02:07:48,960
Right. If you're just counting
one, Satoshi, per minute that is

2081
02:07:48,960 --> 02:07:52,830
being sent. I mean, yeah, I'm
sure you can figure out through

2082
02:07:52,830 --> 02:07:55,890
a number of ways who that person
is everything's technically

2083
02:07:55,890 --> 02:08:00,750
possible. But it'll be unique
from a node, which, by

2084
02:08:00,750 --> 02:08:04,800
definition is not, you know, not
connected to somebody. So it's,

2085
02:08:04,830 --> 02:08:07,800
it's unique. You can have you
can add your identifiers, and

2086
02:08:07,800 --> 02:08:13,650
whatever you need to do, as to
you know, why this came in? And

2087
02:08:13,860 --> 02:08:16,530
the only people who have this
data is the person who was

2088
02:08:16,530 --> 02:08:19,860
listening, or the person who was
anyone basically, who was on the

2089
02:08:19,860 --> 02:08:22,680
payment list? Well,

2090
02:08:24,750 --> 02:08:27,180
yeah, I mean, ultimately, the
down download, we're trying to

2091
02:08:27,180 --> 02:08:31,470
improve downloads, because I
think let me say it this way, I

2092
02:08:31,470 --> 02:08:35,070
think we're trying to improve
download stat accuracy, because

2093
02:08:35,070 --> 02:08:41,430
we're afraid of the, of what we
really requires to be to be

2094
02:08:41,430 --> 02:08:43,110
truly accurate. We're afraid of

2095
02:08:43,110 --> 02:08:44,040
what will reveal

2096
02:08:44,759 --> 02:08:48,359
privacy, right? Yeah. privacy,
tracking all these kinds of

2097
02:08:48,359 --> 02:08:52,259
things. But maybe, you know,
maybe that that issue is just to

2098
02:08:52,649 --> 02:08:56,279
me, it's more overblown them
than we thought it is me because

2099
02:08:56,399 --> 02:09:00,209
most people like I don't care if
somebody knows that I get, you

2100
02:09:00,209 --> 02:09:04,889
know, skipped a donation segment
in a podcast. I mean, like, it

2101
02:09:04,889 --> 02:09:08,459
just doesn't bother me that
much. And even if you say, oh,

2102
02:09:08,459 --> 02:09:11,579
they're gonna be some podcast
apps out there that say, Hell

2103
02:09:11,579 --> 02:09:16,079
no, there is no way on Earth.
We're going to give back stats

2104
02:09:16,289 --> 02:09:18,959
to the host about what about
what the listener behavior was.

2105
02:09:18,959 --> 02:09:19,949
That's most most of

2106
02:09:19,950 --> 02:09:20,970
them most of? Yeah,

2107
02:09:21,510 --> 02:09:24,330
that's fine, though. If you had,
wait, Apple's already doing it,

2108
02:09:24,630 --> 02:09:26,370
and if they're 50% of the
market, why is

2109
02:09:26,370 --> 02:09:29,370
everyone complaining if Apple's
already doing exactly that?

2110
02:09:30,059 --> 02:09:33,509
Yeah. So like, if you had an
open standard that did that,

2111
02:09:34,139 --> 02:09:39,029
then because he Okay, so here's,
here's what's bothering me. The,

2112
02:09:39,419 --> 02:09:43,469
um, if I look through my
overcast app on my phone right

2113
02:09:43,469 --> 02:09:48,539
now, I've got, oh my gosh,
hundreds of episodes of

2114
02:09:48,539 --> 02:09:51,539
podcasts, that I will never
listen to just sitting there.

2115
02:09:51,929 --> 02:09:53,939
They're just, they're gonna be
sitting there. They'll never

2116
02:09:53,940 --> 02:09:56,550
be late. You're gonna have a new
phone, and you'll never listen

2117
02:09:56,550 --> 02:09:57,780
to those episodes. I know.

2118
02:10:00,000 --> 02:10:04,140
So in doing so, because I just
don't have the time. And so they

2119
02:10:04,170 --> 02:10:07,110
all every one of those counted
as a download legitimate or not

2120
02:10:07,110 --> 02:10:11,430
accurate or not, it did count as
a download. And so, but I never

2121
02:10:11,430 --> 02:10:16,380
actually listened to it. So it
doesn't matter whether or not

2122
02:10:16,920 --> 02:10:20,550
the accurate see if the
downloads worked. I mean, it's

2123
02:10:20,880 --> 02:10:21,300
the guy

2124
02:10:21,330 --> 02:10:24,540
trickery is is right in front of
everyone's eyes. But no one ever

2125
02:10:24,540 --> 02:10:26,790
talks about it. It's the
elephant in the room.

2126
02:10:27,269 --> 02:10:32,189
And it wasn't malicious on on my
part on anyone. Yeah, it's just

2127
02:10:32,459 --> 02:10:35,699
set it up and thought I might
like this podcast two years ago,

2128
02:10:35,699 --> 02:10:38,999
and I've really listened to half
of one episode and it never

2129
02:10:38,999 --> 02:10:41,969
unsubscribed. Yeah, because I'm
like, well, maybe I'll listen to

2130
02:10:41,969 --> 02:10:42,059
it.

2131
02:10:42,269 --> 02:10:47,339
By the way, as an aside, wow, so
much great work could be done in

2132
02:10:47,339 --> 02:10:52,109
podcast apps for managing your
subscriptions. So many good

2133
02:10:52,109 --> 02:10:53,609
things could be done with that.

2134
02:10:56,970 --> 02:11:02,010
So all that being said, What?
Tell us more about that as well.

2135
02:11:02,010 --> 02:11:02,100
I

2136
02:11:02,100 --> 02:11:06,750
mean, sorry. No, I mean, it's,
it's it's like, it's one step,

2137
02:11:06,780 --> 02:11:09,270
it's one step in the right
direction. And what it does is

2138
02:11:09,270 --> 02:11:13,470
it allows people who, who we
would The problem with this is,

2139
02:11:13,500 --> 02:11:18,510
of course, we need support and
buy in from all of the major

2140
02:11:18,510 --> 02:11:23,280
podcast apps, and we need it
from from, you know, really even

2141
02:11:23,280 --> 02:11:27,450
more than that. But the
platforms like fireside where we

2142
02:11:27,570 --> 02:11:30,330
are hosting the files and
gathering the statistics would

2143
02:11:30,690 --> 02:11:34,260
see something with this unique
ID of requests that's been made

2144
02:11:34,260 --> 02:11:38,220
with the unique ID and we would
right away be able to say, just

2145
02:11:38,220 --> 02:11:41,760
count those up. Now, again, this
only addresses downloads doesn't

2146
02:11:41,760 --> 02:11:44,550
address listener behavior. But
we could just say, well count up

2147
02:11:44,550 --> 02:11:47,460
how many of them came in and
find just the uniques. That's

2148
02:11:47,460 --> 02:11:51,180
how many downloads you have. And
those could be even segregated

2149
02:11:51,180 --> 02:11:54,360
as trusted downloads, because
there's still going to be other

2150
02:11:54,660 --> 02:11:57,780
systems and clients that don't
have that. Let's say Apple

2151
02:11:57,780 --> 02:12:01,230
doesn't implement adding the,
you know, the token to their the

2152
02:12:01,230 --> 02:12:04,470
key to the to that for a while,
well, we already know, there's a

2153
02:12:04,470 --> 02:12:07,710
huge chunk of downloads that
come from Apple podcasts app,

2154
02:12:08,010 --> 02:12:10,020
those are not going to be
included in your trusted

2155
02:12:10,020 --> 02:12:12,510
downloads, but you can go and
look at their stats for them.

2156
02:12:12,660 --> 02:12:16,800
But what it does let us do is it
does let us see that if there's

2157
02:12:16,800 --> 02:12:20,250
three people in on your floor on
your team, and they all use

2158
02:12:20,250 --> 02:12:22,800
their phones to download an
episode of your podcast, it's

2159
02:12:22,800 --> 02:12:25,050
not going to be counted as just
one download, it's also not

2160
02:12:25,050 --> 02:12:27,420
going to be counted as 20, it's
going to be counted as three

2161
02:12:27,450 --> 02:12:31,290
because three people had unique
identifiers associated with that

2162
02:12:31,290 --> 02:12:33,960
download. So right away with
your stack, it's perfect. You

2163
02:12:33,960 --> 02:12:36,930
can say boom, that's three
downloads, or that's 3000 or

2164
02:12:36,930 --> 02:12:40,890
30,000. And at least you know,
that there is a segment of your

2165
02:12:40,890 --> 02:12:44,310
downloads that are trusted, that
are real, that are actual

2166
02:12:44,310 --> 02:12:47,010
people. Now what they do after
they download it, we still don't

2167
02:12:47,010 --> 02:12:51,120
know that sucks. But at least
now we have real numbers around

2168
02:12:51,540 --> 02:12:54,840
around those downloads. And we
are not beholden to something

2169
02:12:54,840 --> 02:12:59,430
like the IAB been and and
hosting companies like mine are

2170
02:12:59,430 --> 02:13:02,790
not beholden to the IAB to write
them out a big check and go

2171
02:13:02,790 --> 02:13:05,490
through the certification
process to get what are

2172
02:13:05,490 --> 02:13:09,090
considered to be trusted.
downloads, we now know what

2173
02:13:09,090 --> 02:13:12,240
trusted downloads are, even if
they only represent a segment of

2174
02:13:12,240 --> 02:13:16,500
your total downloads, we really
do know. So it's something

2175
02:13:17,850 --> 02:13:19,800
that so here's how

2176
02:13:19,800 --> 02:13:21,780
easy to implement. So we
implement

2177
02:13:22,230 --> 02:13:24,840
it. Yeah, it's dead simple to
implement. Oh, I already did it.

2178
02:13:25,020 --> 02:13:29,940
And that apoc friend already did
it. Right. Um, so the the other

2179
02:13:30,150 --> 02:13:35,340
the biggest pushback I saw, and
I can't, the one that made that

2180
02:13:35,430 --> 02:13:40,890
this seemed to be the most legit
is that this lowers the bar for

2181
02:13:40,890 --> 02:13:49,110
for download fraud. So
currently, with IB, stats, they

2182
02:13:49,230 --> 02:13:54,180
may not be accurate. Clearly,
you know, they're not but they,

2183
02:13:54,570 --> 02:13:59,190
in order to do fraudulent
download, so to speak, you have

2184
02:13:59,190 --> 02:14:03,510
to go to some some bigger links,
like you have to set up a cell

2185
02:14:03,510 --> 02:14:07,410
phone farm, or something like
that. And in order to pump that

2186
02:14:07,410 --> 02:14:09,000
out, I'm sure there's other ways
to do it, you just

2187
02:14:09,030 --> 02:14:14,790
auto generate a new code, a new
a new unique ID every x number

2188
02:14:14,790 --> 02:14:17,190
of minutes. That's that's the
pushback that

2189
02:14:18,810 --> 02:14:21,600
could you definitely could but
it's not like we would be

2190
02:14:21,600 --> 02:14:24,690
abandoning the old techniques,
either. It's not like we would

2191
02:14:24,750 --> 02:14:27,630
throw out all of the other
things that we do, this would be

2192
02:14:27,630 --> 02:14:31,590
additional. So if we're looking
at what you know, we have IP

2193
02:14:31,590 --> 02:14:34,950
addresses that are considered to
be bad because they're known

2194
02:14:34,950 --> 02:14:38,490
farms or data centers, we still
throw those out. If we see,

2195
02:14:38,610 --> 02:14:43,710
yeah, if we see 100,000
downloads over a 24 hour period

2196
02:14:43,710 --> 02:14:46,890
from one IP address. It's
probably not real. So we still

2197
02:14:46,890 --> 02:14:49,740
use those guidelines and
recommendations. We just add

2198
02:14:49,740 --> 02:14:52,680
this as a layer on top. It
doesn't replace it necessarily.

2199
02:14:52,680 --> 02:14:55,320
We still have to do the
diligence that we've been doing

2200
02:14:55,320 --> 02:14:58,920
all this time for our stats, but
now we have a segment that gives

2201
02:14:58,920 --> 02:15:02,310
us even additional assurance
that this was a real person or

2202
02:15:02,310 --> 02:15:05,190
this was an individual person?
Well, yeah, you're you're it

2203
02:15:05,190 --> 02:15:08,370
could be circumvented, just like
everything can be done. It

2204
02:15:08,370 --> 02:15:14,130
seems to me that people have no
problem implementing this. We've

2205
02:15:14,130 --> 02:15:17,160
already had a couple
implementations, we should have

2206
02:15:17,160 --> 02:15:19,590
you back in a bit and tell me
what you see what you're seeing

2207
02:15:19,590 --> 02:15:24,330
on your server. And, and more
importantly, is anyone

2208
02:15:24,330 --> 02:15:33,840
interested? Will I be it to me,
it's like I likely scenarios I

2209
02:15:34,050 --> 02:15:36,570
would say, this is great. All
right, we're going to implement

2210
02:15:36,570 --> 02:15:44,160
this and now you pay $75,000 to
join. So I understand the

2211
02:15:44,160 --> 02:15:46,050
plight, I really do.

2212
02:15:48,450 --> 02:15:50,160
This is the hostess dilemma.

2213
02:15:50,490 --> 02:15:54,930
Well, it's it's a big part of
it. And, you know, you're what I

2214
02:15:54,930 --> 02:15:58,080
heard you say is, is the
important crux of the problem?

2215
02:15:58,800 --> 02:16:02,160
Will Apple do it? And I
understand you can blend it all

2216
02:16:02,160 --> 02:16:06,750
and all that, but it's just more
IAB crap, I really appreciate

2217
02:16:06,750 --> 02:16:09,480
the thinking that's gone into
it. But I would, I would love to

2218
02:16:10,440 --> 02:16:14,490
see a write up of an an open
listening statistic standard,

2219
02:16:15,090 --> 02:16:17,850
even if it's just what we've
done now that, you know, to get

2220
02:16:17,850 --> 02:16:23,850
you on on the way, but for just
as a podcaster, myself, I would

2221
02:16:23,850 --> 02:16:27,060
like to know, when people are
listening or not, I'm not going

2222
02:16:27,060 --> 02:16:31,500
to sell ads. I don't think ever,
I'll never say never, but I

2223
02:16:31,500 --> 02:16:37,290
don't see a need for it. But I'm
very interested as a producer,

2224
02:16:37,290 --> 02:16:40,800
I'm interested in understanding
where people are dropping off or

2225
02:16:40,800 --> 02:16:43,440
what's working or what's not
working, and just some some

2226
02:16:43,440 --> 02:16:47,280
basic things. And I'd love to
work on creating that. And I

2227
02:16:47,280 --> 02:16:49,560
think I think somewhere along
the line that'll fall out of the

2228
02:16:49,560 --> 02:16:55,080
bottom. But we have to consider
zigging to the zag, you know, is

2229
02:16:55,080 --> 02:16:58,830
always the same. And we spend
1015 years finally coming up

2230
02:16:58,830 --> 02:17:02,040
with a standard. And now we have
a standard is not great, but

2231
02:17:02,040 --> 02:17:05,910
everyone agrees on it. And then
Who's this? Who is this annoying

2232
02:17:05,910 --> 02:17:11,700
group of people? Shut up. We
know it's not accurate. So I'm

2233
02:17:11,700 --> 02:17:15,480
just saying that, you know, the
advertisers that we need to go

2234
02:17:15,480 --> 02:17:18,390
after the advertisers
frustrated, advertisers are

2235
02:17:18,390 --> 02:17:20,610
getting hosed. They're not they
know about it. They're going

2236
02:17:20,610 --> 02:17:23,040
back to Google and Facebook and
saying, Hey, hold on a second.

2237
02:17:23,310 --> 02:17:25,890
What happened here and Facebook
has to admit to stuff and to

2238
02:17:25,890 --> 02:17:31,290
getting refunds. And so they're
there. They're not stupid. Is

2239
02:17:31,290 --> 02:17:33,870
this sophisticated people and
they're going to understand what

2240
02:17:33,870 --> 02:17:37,200
works for them and what doesn't
work for them. But we have to go

2241
02:17:37,200 --> 02:17:39,720
around all these organizations
that are sitting there just

2242
02:17:39,720 --> 02:17:40,890
picking off bucks.

2243
02:17:41,550 --> 02:17:46,320
One thing I noticed is that in
the stats, in you'll see these

2244
02:17:46,320 --> 02:17:51,270
were a look, I looked at Lipson
stats that they published for

2245
02:17:51,270 --> 02:17:56,820
November. And then buzzsprout
stats, yeah, they published and

2246
02:17:56,880 --> 02:18:01,710
the they're completely
different. Like in Lipson shows

2247
02:18:01,710 --> 02:18:05,520
Apple podcast is 64% of the
total total downloads.

2248
02:18:05,910 --> 02:18:12,150
buzzsprout shows 32%. I mean,
that's, that's half. And then,

2249
02:18:12,570 --> 02:18:12,960
yeah, what's

2250
02:18:12,960 --> 02:18:15,270
going on? And why is that?
What's the explanation?

2251
02:18:16,019 --> 02:18:23,969
Yes, like that. So Tom said that
it buzzsprout they listen, they

2252
02:18:24,029 --> 02:18:27,119
they split out apple core media
from Apple podcasts, they make a

2253
02:18:27,119 --> 02:18:31,799
difference. Okay. In C, and I
don't understand it. That seems

2254
02:18:31,799 --> 02:18:37,199
like such an obvious thing to
do. I don't understand why, why

2255
02:18:37,619 --> 02:18:41,789
this reluctance to do that. Do
you? Do you know why that may be

2256
02:18:41,789 --> 02:18:45,179
done? Why would somebody be
reluctant to be to split that

2257
02:18:45,179 --> 02:18:45,539
out?

2258
02:18:46,920 --> 02:18:51,480
I really don't know. I mean, it
has to go back to what Adam was

2259
02:18:51,480 --> 02:18:55,410
saying. I think that that the
more that this is a mystery, the

2260
02:18:55,410 --> 02:18:58,470
more of a mystery it is. And if
we know that, you know, because

2261
02:18:59,130 --> 02:19:03,090
it's like you said, if those I
remember, when we figured out

2262
02:19:03,120 --> 02:19:06,300
range requests back in the day,
you know, you know, 10 plus

2263
02:19:06,300 --> 02:19:09,720
years ago, and we were looking
at our downloads, and we're

2264
02:19:09,720 --> 02:19:12,840
like, oh, I guess they're not
what we've been selling them

2265
02:19:12,840 --> 02:19:15,600
for. What do we do? Because
like, you're you know

2266
02:19:15,600 --> 02:19:16,140
it,

2267
02:19:16,349 --> 02:19:19,979
what do you do? What do you do,
right? Like, where's the money

2268
02:19:19,979 --> 02:19:22,319
that we are supposed to be
making from this? It's not

2269
02:19:22,319 --> 02:19:24,929
right. And so we had to, like
reboot everything. And I think

2270
02:19:24,929 --> 02:19:28,349
that's how would that affect
this whole industry, if the

2271
02:19:28,349 --> 02:19:32,639
shows that are supposedly
getting 10s or even hundreds of

2272
02:19:32,639 --> 02:19:35,849
1000s of downloads or more, all
of a sudden, it's half of that.

2273
02:19:35,880 --> 02:19:42,120
Here's the good news. Even
though Spotify has everything

2274
02:19:42,120 --> 02:19:45,960
the advertiser wants, they've
got it all. They know who you

2275
02:19:45,960 --> 02:19:48,540
are. They've got your credit
card, they can tie it to real

2276
02:19:48,540 --> 02:19:52,170
world behavior. They've got your
listening behavior, they've got

2277
02:19:52,200 --> 02:19:55,920
everything they can insert
recommend test stuff with you.

2278
02:19:56,970 --> 02:20:00,810
Spotify is not going to win with
advertising. They Do not have

2279
02:20:00,810 --> 02:20:07,170
the market. So all this IAB
stuff is really not even for you

2280
02:20:07,170 --> 02:20:10,860
damn, they just taken money from
you just shut you. Seriously,

2281
02:20:10,860 --> 02:20:14,820
I'm saying what I feel I may be
wrong, but to me it feels like,

2282
02:20:14,970 --> 02:20:17,160
Alright, well just take money
from these guys. But really we

2283
02:20:17,160 --> 02:20:20,280
know who has the data. We know
who the real guys are. They've

2284
02:20:20,280 --> 02:20:22,560
got it all. And I don't know if
they're sharing it if they're

2285
02:20:22,560 --> 02:20:26,310
IAB certified, I have no idea.
It's Spotify may be selling

2286
02:20:26,340 --> 02:20:29,760
outside the whole system direct
to their existing advertisers.

2287
02:20:29,910 --> 02:20:33,900
Are they are they IAB compliant?
Because you know that they're

2288
02:20:33,900 --> 02:20:37,110
not reporting downloads to their
to their advertisers, their

2289
02:20:37,110 --> 02:20:41,160
buyers, their reporting
profiles, and real listening

2290
02:20:41,160 --> 02:20:44,280
behavior, random graphics. So
you guys are in a whole

2291
02:20:44,280 --> 02:20:49,200
different playing field with
square wheels. So let's leapfrog

2292
02:20:49,200 --> 02:20:54,360
over that and give them an open
open way. At least start with

2293
02:20:54,360 --> 02:20:57,810
your unique ID. But let's build
for something for the future.

2294
02:20:58,170 --> 02:21:03,300
I'm not against advertising.
It's got to be appropriate. And

2295
02:21:03,300 --> 02:21:06,000
it has to be fair, and
advertising is inherently

2296
02:21:06,000 --> 02:21:11,580
dishonest. It's hard for me,
it's hard for me to see how how

2297
02:21:11,580 --> 02:21:12,360
it will ever

2298
02:21:12,360 --> 02:21:17,460
really, really work. To me the
quest for big for the biggest

2299
02:21:17,460 --> 02:21:23,190
numbers in order to attract the
biggest farce. Yeah, if you're

2300
02:21:23,190 --> 02:21:27,510
if you're a podcast, wouldn't
you rather have? I think James

2301
02:21:27,510 --> 02:21:30,330
mentioned this a few couple
weeks ago, if you're a podcast,

2302
02:21:30,330 --> 02:21:35,460
wouldn't you rather have 70
advertisers for you know,

2303
02:21:35,460 --> 02:21:39,900
smaller amounts than three for
big amounts, because at least

2304
02:21:39,900 --> 02:21:44,340
then you have some, you don't
feel as much pressure sensor

2305
02:21:44,370 --> 02:21:47,370
data. That's not even what a
podcaster wants a podcaster

2306
02:21:47,370 --> 02:21:51,480
wants to pay the podcasters
rent, right? That's the bot, I

2307
02:21:51,480 --> 02:21:54,180
don't want to have to understand
advertising. I really don't want

2308
02:21:54,180 --> 02:21:57,540
it in my show at all. You know,
but it's I've been told I can

2309
02:21:57,540 --> 02:22:00,720
make money if I get numbers. And
then here's all these numbers

2310
02:22:00,720 --> 02:22:03,810
and the advertising doesn't come
and I'm left with 25 bucks at

2311
02:22:03,810 --> 02:22:06,750
the end of the month. I'm a
little disillusioned. Where and

2312
02:22:06,750 --> 02:22:10,020
I've said it before you can you
can make a living off of a high

2313
02:22:10,020 --> 02:22:13,170
quality podcast with high
quality listeners with 1000

2314
02:22:13,170 --> 02:22:17,100
listeners. They will support you
no matter what Avenue you

2315
02:22:17,100 --> 02:22:20,340
choose. But if you're just going
for numbers, numbers, numbers,

2316
02:22:21,480 --> 02:22:25,740
it's it's it's not like the old
world. This is not how it's

2317
02:22:25,740 --> 02:22:30,210
gonna work anymore. There will
be no more 1015 20 million

2318
02:22:30,210 --> 02:22:34,470
download Joe Rogan's piece a
piece in every single podcast

2319
02:22:34,470 --> 02:22:36,360
app, everyone's subscribed. I
don't know, if they're all

2320
02:22:36,360 --> 02:22:39,300
listening. I certainly don't hit
every single episode. Well, on

2321
02:22:39,300 --> 02:22:44,520
Spotify, of course, I don't
download any. So it's now it's

2322
02:22:44,520 --> 02:22:48,810
all about how valuable is your
tribe? How valuable is the

2323
02:22:48,810 --> 02:22:52,590
listenership that you have? And
as a if I were to start a new

2324
02:22:52,590 --> 02:22:55,350
podcast, I'm like, Okay, I need
to have some commercial things

2325
02:22:55,350 --> 02:22:59,040
in here. Whether it's
advertorial host read or

2326
02:22:59,040 --> 02:23:02,550
inserted ads, I think it would
be better to say, look, here's,

2327
02:23:02,580 --> 02:23:06,270
here's these people, they're
cool with me doing some ads,

2328
02:23:06,300 --> 02:23:09,330
maybe we need to turn it around
and audition advertisers. But

2329
02:23:09,330 --> 02:23:12,060
you have to show your valuable
first. And the way to do that is

2330
02:23:12,060 --> 02:23:17,190
to show what's really true. So
here's the here's these 1000

2331
02:23:17,190 --> 02:23:23,850
people, they listen to 75% of
the entire show, right? And

2332
02:23:23,880 --> 02:23:27,480
here's what I know about them.
Because there's only 1000. I

2333
02:23:27,480 --> 02:23:31,830
know, I'm real well. You know,
there's a lot more you can do,

2334
02:23:31,830 --> 02:23:36,030
we once did a no agenda listener
survey just on a Google Doc. And

2335
02:23:36,030 --> 02:23:40,170
people put their salaries in
there, and they're what job they

2336
02:23:40,170 --> 02:23:44,790
have their age everything. and
years and years and years ago.

2337
02:23:45,270 --> 02:23:48,300
And, and we learned a lot and
they loved it. They loved

2338
02:23:48,300 --> 02:23:51,000
helping out with the whole idea.
It's like, Okay, well, you know,

2339
02:23:51,000 --> 02:23:53,370
you're all over the map. And
here's, here's the spikes that

2340
02:23:53,370 --> 02:23:56,760
we see. And it was their own
little demographic survey. And I

2341
02:23:56,760 --> 02:24:00,090
know if I'd said look, we want
to use some of this to, to get

2342
02:24:00,090 --> 02:24:03,330
some advertisers to, to pay for
the for the show here, we're

2343
02:24:03,330 --> 02:24:06,330
going to go to we're going to
approach these people. I mean,

2344
02:24:06,360 --> 02:24:09,270
there's a whole different way of
doing it, that it's just never

2345
02:24:09,270 --> 02:24:13,860
been explored. And hosting
companies came into it came to

2346
02:24:13,860 --> 02:24:17,220
life because of their lack of
tools to create an RSS feed.

2347
02:24:17,910 --> 02:24:21,960
And, and a lack of server space
and bandwidth available to the

2348
02:24:21,960 --> 02:24:26,160
consumer. And then to a large
degree, it I think, is still

2349
02:24:26,190 --> 02:24:29,880
more bandwidth game than
anything. And the supplement

2350
02:24:29,880 --> 02:24:33,450
that has kept every one a lot or
a lot of companies alive, small

2351
02:24:33,450 --> 02:24:37,380
these smaller companies has been
the advertising game. And I

2352
02:24:37,380 --> 02:24:41,190
understand the reluctance not to
fuck with it, because that's the

2353
02:24:41,190 --> 02:24:44,370
lifeblood. And I think there's
probably people angry just

2354
02:24:44,370 --> 02:24:48,630
hearing me on the show. And they
I don't know what I'm talking

2355
02:24:48,630 --> 02:24:51,210
about, etc. But I think the
elephant in the room is clear.

2356
02:24:51,210 --> 02:24:55,320
And I all I'm saying as I'll
just repeat it last time, let's

2357
02:24:55,320 --> 02:24:59,370
look for a new way forward to
deliver something that's honest

2358
02:24:59,370 --> 02:25:03,150
and let's not Be afraid of what
truth comes up, because that

2359
02:25:03,150 --> 02:25:06,150
truth will only be more
valuable. That's my that's my

2360
02:25:06,150 --> 02:25:09,450
vision on it. Your mileage may
vary.

2361
02:25:11,070 --> 02:25:15,180
That the open listening stats,
opening listener, but sort of an

2362
02:25:15,180 --> 02:25:20,700
open listening behavior
standard. I mean, I think that

2363
02:25:20,700 --> 02:25:23,430
that, yeah, and like I said,
Everybody thinks it's gonna be

2364
02:25:23,430 --> 02:25:26,730
okay, as prophecy is tracking.
But I don't know that that's

2365
02:25:26,730 --> 02:25:29,100
really Yes, there are people out
there that are gonna have a

2366
02:25:29,100 --> 02:25:31,680
problem with with they're going
to have a specific problem with

2367
02:25:31,680 --> 02:25:35,670
that type of thing. But I feel
like, you know, the the

2368
02:25:35,730 --> 02:25:39,360
emergence of things like ad
blockers, and things like that

2369
02:25:39,360 --> 02:25:41,490
have less to do with tracking

2370
02:25:42,060 --> 02:25:46,890
and more to do with annoyance
annoying noise? Yes. Yes, spot.

2371
02:25:47,610 --> 02:25:52,350
It's annoying. Like it makes the
only reason I use an ad blocker

2372
02:25:52,860 --> 02:25:59,070
on on my phone is because I keep
because it makes it slow. And I

2373
02:25:59,070 --> 02:26:02,580
can't read the page, because
there's so much junk all over

2374
02:26:02,580 --> 02:26:06,210
it. Right? If If all that I
really don't care if people

2375
02:26:06,210 --> 02:26:09,420
track me that much. I mean, I'm
just not it doesn't bother me

2376
02:26:09,420 --> 02:26:13,470
that much. But so and that being
said, I mean, I don't really

2377
02:26:13,470 --> 02:26:16,650
think anybody would care. As
long as it's not, not anybody, I

2378
02:26:16,650 --> 02:26:21,150
don't think a lot of people
would care as long as they could

2379
02:26:21,150 --> 02:26:26,940
opt into it. And they could be
assured that it was not going to

2380
02:26:26,940 --> 02:26:28,920
impact the quality of their
Listen,

2381
02:26:29,130 --> 02:26:32,130
I agree with you, Dave. And I
think that this is a contract, a

2382
02:26:32,130 --> 02:26:37,860
social contract that has to be
presented between the listener,

2383
02:26:37,860 --> 02:26:42,030
the creator, and all the
advertising people in the

2384
02:26:42,030 --> 02:26:46,290
middle. Which I'm going to
include the hosting companies in

2385
02:26:46,290 --> 02:26:51,210
there. And hey, you know, what,
how about this, like the verge.

2386
02:26:51,600 --> 02:26:54,750
Now I have pie holes and all
kinds of blockers, but you go,

2387
02:26:54,810 --> 02:26:58,440
you go to the verge to test. I
mean, there's there's megabytes

2388
02:26:58,440 --> 02:27:01,740
of stuff flying back and forth,
just loading one page. It's

2389
02:27:01,770 --> 02:27:05,190
insane what they're doing. And
you're right. It's people, it's

2390
02:27:05,190 --> 02:27:08,820
become annoying to people. My
wife said the same thing, man,

2391
02:27:08,820 --> 02:27:10,890
there's so many ads on
everything's popping up

2392
02:27:10,890 --> 02:27:14,610
everywhere. And, and she, she
recognizes the tracking. But

2393
02:27:14,610 --> 02:27:17,280
you're right. It's more the
annoyance, the slow loads, all

2394
02:27:17,280 --> 02:27:19,890
the stuff that just popping up
everywhere. It's obfuscating

2395
02:27:19,890 --> 02:27:25,020
stuff you can't get through it.
And paywalls on websites is

2396
02:27:25,020 --> 02:27:28,110
another thing which just needs
to be solved. But they don't

2397
02:27:28,110 --> 02:27:30,990
want to solve it. Because they
know that it's far more

2398
02:27:30,990 --> 02:27:33,990
profitable to get people to
subscribe with a credit card.

2399
02:27:34,260 --> 02:27:38,250
And their usage might even go
down. Or they may not show up at

2400
02:27:38,250 --> 02:27:41,040
all. It'll be months before they
cancel it. I mean, these it's

2401
02:27:41,040 --> 02:27:48,360
dishonest all of it is that if
we try some honesty, which is my

2402
02:27:48,360 --> 02:27:53,520
motto for 2021. Try some
honesty. What have you got to

2403
02:27:53,520 --> 02:28:00,450
lose at this point? Yeah, try
some honesty. Try honesty. It

2404
02:28:00,450 --> 02:28:01,260
tastes great.

2405
02:28:02,460 --> 02:28:05,580
What do you think, Dan? What do
you think would be the obstacle

2406
02:28:05,580 --> 02:28:10,290
to any? What do you think would
be the obstacle to a proposition

2407
02:28:10,290 --> 02:28:13,020
for a for an open listening
behavior standard?

2408
02:28:13,830 --> 02:28:18,450
I mean, I, I think it's, it's
the inevitable future. And I

2409
02:28:18,450 --> 02:28:23,340
think it will take, it will take
people like us working on it for

2410
02:28:23,340 --> 02:28:26,250
it to happen, because it's not
going to come out of the IB,

2411
02:28:26,250 --> 02:28:30,540
it's not going to come out of
Spotify. It's something that

2412
02:28:30,540 --> 02:28:33,360
needs to be independent. It's
something that needs to be

2413
02:28:34,140 --> 02:28:39,180
independent, because it goes
against what you guys are just

2414
02:28:39,180 --> 02:28:42,870
talking about. It goes against
the nature of the old way of

2415
02:28:42,930 --> 02:28:47,790
doing ads, we really do want to
know, those kinds of things and

2416
02:28:47,850 --> 02:28:51,570
the main obstacle. I don't know,
I think there's lots of

2417
02:28:51,570 --> 02:28:55,080
obstacles. I think there there
is a whole segment that doesn't

2418
02:28:55,080 --> 02:28:59,850
want this. I think there's going
to need to be a lot of buy in

2419
02:28:59,850 --> 02:29:03,780
and support from podcasters
we'll get that but the people

2420
02:29:03,780 --> 02:29:06,360
who make the apps, that's that's
going to be tough, don't you

2421
02:29:06,360 --> 02:29:06,780
think?

2422
02:29:08,250 --> 02:29:13,410
I do. I do. But then if you look
at the stats, you have apple at

2423
02:29:13,410 --> 02:29:16,470
the top, which they've already
shown that they're willing to

2424
02:29:16,470 --> 02:29:19,350
do, you know, listening,
listening behavior. Yeah,

2425
02:29:19,350 --> 02:29:23,760
standard Google podcasts that
they have no trouble tracking

2426
02:29:23,760 --> 02:29:24,510
people's behavior.

2427
02:29:24,810 --> 02:29:27,600
Alright, so let me just stop you
this there's a difference the

2428
02:29:27,600 --> 02:29:30,930
apple listener stats do not go
to a hosting company, they do

2429
02:29:30,930 --> 02:29:34,680
not go to a third party. They do
they so choose upon and go to

2430
02:29:34,680 --> 02:29:39,750
the podcaster. So so I think
that's where your magic is, is

2431
02:29:39,780 --> 02:29:43,350
the podcaster has this
information. It's easily

2432
02:29:43,350 --> 02:29:47,730
verifiable, and I have thoughts
about it. And you can deliver

2433
02:29:47,730 --> 02:29:51,390
that maybe in aggregate or maybe
you check a box and say okay,

2434
02:29:51,390 --> 02:29:54,570
share this with my advertising
agency share this with my

2435
02:29:54,570 --> 02:29:56,910
hosting company, etc. Hmm.

2436
02:29:57,449 --> 02:29:59,399
Is it buildable? Can we build
this?

2437
02:29:59,430 --> 02:30:01,500
Yes. We've already we've already
built it.

2438
02:30:02,970 --> 02:30:06,330
Because that that the the
download the download stats, I

2439
02:30:06,330 --> 02:30:09,150
think what I think what you
proposed with the with the good

2440
02:30:09,150 --> 02:30:12,510
and neck and that kind of thing
would would improve accuracy of

2441
02:30:12,510 --> 02:30:16,380
downloads by a huge margin. But
then at the end of the day,

2442
02:30:16,380 --> 02:30:19,440
you're still just left with more
accurate versions of something

2443
02:30:19,440 --> 02:30:20,850
that isn't accurate to begin
with,

2444
02:30:20,880 --> 02:30:22,440
which makes everybody less
money.

2445
02:30:22,859 --> 02:30:25,379
And that did that isn't
necessarily insightful, either

2446
02:30:26,039 --> 02:30:29,129
better, it's an improvement, but
it's not the fix.

2447
02:30:29,910 --> 02:30:35,550
So I mean, I'm totally in his
like, again, you know, we just

2448
02:30:35,550 --> 02:30:39,060
because we are free speech, anti
censorship, types of folks

2449
02:30:39,060 --> 02:30:42,600
doesn't mean doesn't mean that
that every you know, that I'm,

2450
02:30:44,280 --> 02:30:49,200
you know, going to be against
every idea that could possibly

2451
02:30:49,200 --> 02:30:53,010
be used to do anything like
this. I mean, this is not an ad,

2452
02:30:53,040 --> 02:30:56,130
this is not a free speech
censorship issue. This is just a

2453
02:30:56,310 --> 02:31:00,210
trying to be more accurate issue
in a way that doesn't, it's not

2454
02:31:00,210 --> 02:31:03,810
harmful to anyone. And and I
think that's explainable, I

2455
02:31:03,810 --> 02:31:08,490
mean, and defensible to really
do and, you know, they're all

2456
02:31:08,520 --> 02:31:11,490
they're always going to be,
let's just say, overcast, I

2457
02:31:11,490 --> 02:31:15,180
mean, Marco is probably never
going to implement such a thing

2458
02:31:15,180 --> 02:31:20,220
like this. And that's completely
fine. But that, you know,

2459
02:31:21,600 --> 02:31:25,350
what, why I agree with you, I
agree with you. And I mean, I

2460
02:31:25,350 --> 02:31:28,470
know Marco, right. You know, I,
we haven't talked in a while,

2461
02:31:28,500 --> 02:31:31,320
but I mean, we did a show
together for a long time. And,

2462
02:31:32,520 --> 02:31:36,960
and, and he's, you know, he and
I have talked about these kinds

2463
02:31:36,960 --> 02:31:40,590
of things, why wouldn't he
implement this? Why do you think

2464
02:31:40,860 --> 02:31:42,000
I'm not disagreeing with you?
I'm

2465
02:31:42,000 --> 02:31:44,580
agreeing, but I'm saying Why do
you think he would say he never

2466
02:31:44,580 --> 02:31:49,830
would Why? Just based on what he
said in the past that he's been

2467
02:31:49,860 --> 02:31:54,330
asked millions of times for, for
greater access to his to the

2468
02:31:54,330 --> 02:31:59,670
status of his listeners, and he
is never gonna do it. And, but

2469
02:31:59,760 --> 02:32:05,490
there again, that was just a,
you know, but but maybe that's

2470
02:32:05,520 --> 02:32:08,460
maybe the thing is just not the
right thing. If a private

2471
02:32:08,460 --> 02:32:11,250
company comes to you and says,
Hey, we want to pay you for

2472
02:32:11,250 --> 02:32:15,180
stats, that feels a little
gross. But then if there was an

2473
02:32:15,180 --> 02:32:18,540
open standard that said, Okay,
here is how we're going to

2474
02:32:18,540 --> 02:32:22,200
deliver listener behavior stats.
And here's the privacy stuff

2475
02:32:22,200 --> 02:32:25,350
that we have baked into it. And
here's the way everybody

2476
02:32:25,380 --> 02:32:29,580
everybody can see it is
completely transparent. In that

2477
02:32:29,580 --> 02:32:34,920
situation, maybe somebody maybe
a person like Marco or Xavier,

2478
02:32:35,250 --> 02:32:38,520
podcast addict, maybe in that
scenario, they would say, well,

2479
02:32:39,420 --> 02:32:43,020
this, if this is helpful to the
podcast industry overall, which

2480
02:32:43,020 --> 02:32:46,560
is a thing we love. And we love
podcasting, and we love

2481
02:32:46,560 --> 02:32:50,040
podcasters. Maybe this is
something that we can support.

2482
02:32:50,670 --> 02:32:53,910
If it's open and not shady
behind backroom deals.

2483
02:32:54,240 --> 02:32:56,550
I think we should leave it at
that, because we're going to

2484
02:32:56,550 --> 02:33:01,200
start going in circles. But I
think the the, the opinions are

2485
02:33:01,200 --> 02:33:07,440
very clear that if we can
improve this for the industry in

2486
02:33:07,440 --> 02:33:10,710
general, absolutely. I'm not
going to drive it. But I think

2487
02:33:10,710 --> 02:33:15,030
there's a lot that can be done.
But someone has to write it up,

2488
02:33:15,240 --> 02:33:18,060
someone's got to write it up,
someone's got to get going put

2489
02:33:18,060 --> 02:33:21,060
some stuff on the GitHub, I
don't know exactly what it is.

2490
02:33:23,490 --> 02:33:27,180
Because I think that these
types, this type of information

2491
02:33:27,180 --> 02:33:29,310
is going to fall out of
podcasting in the future.

2492
02:33:29,310 --> 02:33:33,240
Anyway, I think I think that the
date is just going to be there.

2493
02:33:33,510 --> 02:33:36,870
But the more I hear this, and
the more I've convinced myself,

2494
02:33:37,380 --> 02:33:40,110
that advertising is not
necessarily the way to go for

2495
02:33:40,110 --> 02:33:45,810
the future. I I've even I'm even
less bullish on the industry in

2496
02:33:45,810 --> 02:33:50,970
that regard, as a whole unless
everybody starts to talk openly.

2497
02:33:51,330 --> 02:33:55,080
And it's, it's we haven't gotten
there yet. And the people

2498
02:33:55,080 --> 02:33:57,420
missing from the equation are
the listeners and the

2499
02:33:57,420 --> 02:34:00,240
advertisers. They're the two
people that we're all in the

2500
02:34:00,240 --> 02:34:04,170
middle of trying to connect. So
we need to ask them,

2501
02:34:04,710 --> 02:34:08,400
I think more and more accurate
statistics in this regard. are

2502
02:34:08,970 --> 02:34:13,350
they're important for maybe a
weird for maybe a weird two step

2503
02:34:13,350 --> 02:34:17,400
reason. And that is with looking
at the things that are happening

2504
02:34:17,400 --> 02:34:21,510
like wondery wondery being
bought for 300 million megaphone

2505
02:34:21,510 --> 02:34:24,660
being bought for 200 something
million all these humongous What

2506
02:34:24,660 --> 02:34:27,570
are essentially venture capital
exit strategy plays within the

2507
02:34:27,570 --> 02:34:33,810
podcasting space. That is all
driven by by phony statistics,

2508
02:34:33,840 --> 02:34:38,250
phony numbers. Yeah. And and
that that process of VC money

2509
02:34:38,250 --> 02:34:42,660
coming in, pop, you know,
popping a bunch of shows out and

2510
02:34:42,660 --> 02:34:45,150
then getting sold for hundreds
of millions of exit strategy

2511
02:34:45,300 --> 02:34:48,330
that is detrimental to
podcasting as a whole. Thank you

2512
02:34:48,330 --> 02:34:48,600
very

2513
02:34:48,600 --> 02:34:49,320
much. You're right.

2514
02:34:49,350 --> 02:34:50,070
I believe that

2515
02:34:50,190 --> 02:34:52,770
you're right, you're right.
Absolutely right.

2516
02:34:53,790 --> 02:34:56,340
Because it changed. It changes
the nature of what podcasting

2517
02:34:56,340 --> 02:35:00,600
is. I mean, look at Sirius XM,
they announced Reno The last

2518
02:35:00,600 --> 02:35:02,310
couple of days that they're
going to start doing a bunch of

2519
02:35:02,310 --> 02:35:05,970
podcasts, quote, unquote,
they're not podcast, they're on

2520
02:35:05,970 --> 02:35:11,790
their app. That's not a podcast.
And I know I keep harping on

2521
02:35:11,790 --> 02:35:13,860
this. And I sound like a broken
record. And some people, some

2522
02:35:13,860 --> 02:35:18,990
people don't agree with me. But
that that's just a show. Why is

2523
02:35:18,990 --> 02:35:23,850
it but the name podcast is being
dumped is being used up to show

2524
02:35:23,850 --> 02:35:24,120
it

2525
02:35:24,120 --> 02:35:27,090
excited about a podcast, if it's
called a podcast, and they that

2526
02:35:27,090 --> 02:35:29,730
was a podcast, I want to get
like that. The other day I saw

2527
02:35:29,730 --> 02:35:33,510
somebody was talking about
something that was it. I don't

2528
02:35:33,510 --> 02:35:36,600
even remember where it was. But
it had some celebrity actor type

2529
02:35:36,600 --> 02:35:39,870
people in it. And they're like,
listen to this amazing

2530
02:35:39,870 --> 02:35:43,080
fictionalized, you know,
podcast, it's a story and the

2531
02:35:43,080 --> 02:35:46,080
person retweeted it and said,
Yeah, they've just invented the

2532
02:35:46,080 --> 02:35:50,160
radio play. I mean, it's, it's,
it's like everything that's been

2533
02:35:50,160 --> 02:35:52,620
done before you just call it a
podcast now. And suddenly,

2534
02:35:52,620 --> 02:35:55,800
there's interest in it. And
that's why that's the reason is,

2535
02:35:55,800 --> 02:36:00,060
yes. It's it calling it a
podcast makes Sirius XM is doing

2536
02:36:00,060 --> 02:36:01,320
podcast. Wow, that's

2537
02:36:01,320 --> 02:36:01,950
amazing. We

2538
02:36:01,950 --> 02:36:04,380
got to, you know, we got to sign
up for that thing

2539
02:36:04,380 --> 02:36:05,280
they've been doing right, I'm

2540
02:36:05,280 --> 02:36:08,160
bored. I'm sorry, I can't, I
can't do this anymore. I

2541
02:36:08,160 --> 02:36:08,610
can't,

2542
02:36:08,940 --> 02:36:13,650
I am fucking anxious, I want to
move forward, things are not

2543
02:36:13,650 --> 02:36:17,400
going fast enough for me, I will
do everything we can to help you

2544
02:36:17,400 --> 02:36:21,870
with this, Dan. But I'm going to
focus more I'd like the I would

2545
02:36:21,870 --> 02:36:26,220
like to have listener behavior
for myself for my end, and I

2546
02:36:26,220 --> 02:36:28,830
want my listeners to know that
I'm looking at when they listen

2547
02:36:28,830 --> 02:36:30,870
to me, and I don't need to know
them individually. But I'd like

2548
02:36:30,870 --> 02:36:34,620
to know, on a trend. And I think
that's valuable, it's valuable

2549
02:36:34,620 --> 02:36:36,600
to me, if it's valuable to me,
it's going to be valuable to

2550
02:36:36,600 --> 02:36:42,300
somebody else. And we'll do
that. But the last thing I want

2551
02:36:42,300 --> 02:36:45,750
and this is my cautionary
warning. I don't want statistics

2552
02:36:45,750 --> 02:36:49,350
talk all day on podcast index
dot social, because that's just

2553
02:36:49,350 --> 02:36:52,350
going to ruin all the momentum
we have. It's it is backward

2554
02:36:52,350 --> 02:36:52,800
looking.

2555
02:36:54,450 --> 02:36:56,190
Bird fare,

2556
02:36:56,340 --> 02:36:59,280
and and i and i love your
skills. And I love your

2557
02:36:59,280 --> 02:37:03,450
enthusiasm. And I want you in I
want you in as much as possible.

2558
02:37:05,190 --> 02:37:08,820
And this goes for all the
hosting companies. But I know

2559
02:37:08,820 --> 02:37:11,400
you're selling right now it's
hard you're selling statistics

2560
02:37:11,400 --> 02:37:15,210
to your clients. Because they
have been told this the story

2561
02:37:15,210 --> 02:37:18,720
that dog The more I get, right
The more I can make I'm going to

2562
02:37:18,720 --> 02:37:23,220
be Joe Rogan. You know there's a
there's a number of hosting

2563
02:37:23,220 --> 02:37:26,370
companies who use it who are in
the advertising business, that's

2564
02:37:26,370 --> 02:37:27,780
all fine. But

2565
02:37:28,800 --> 02:37:32,280
why here I hear hostess is
saying all the time that it's

2566
02:37:32,280 --> 02:37:35,910
just such a hard conversation to
have with with their customers

2567
02:37:35,910 --> 02:37:38,670
where their customers get to a
certain to the customer just

2568
02:37:38,670 --> 02:37:41,160
chomping at the bit on the
stats, stats, I want to sell

2569
02:37:41,160 --> 02:37:42,300
ads, I need to get money.

2570
02:37:43,380 --> 02:37:46,230
They do. No one says I want to
sell ads, they want to make

2571
02:37:46,230 --> 02:37:49,830
money. And this. This is my
mission. This is an excellent,

2572
02:37:49,830 --> 02:37:52,950
excellent point. The podcast
index mission is to make you

2573
02:37:52,950 --> 02:38:01,380
money. And you know if we can
help the legacy, sure. But I

2574
02:38:01,380 --> 02:38:05,760
don't want to become the RSS
industry chat group over this.

2575
02:38:07,380 --> 02:38:14,760
Do you know what I mean? I don't
great. Sounds great. All right,

2576
02:38:14,760 --> 02:38:14,970
Dan,

2577
02:38:14,970 --> 02:38:17,370
what else do you have planned
for? 2021 my friend.

2578
02:38:17,850 --> 02:38:20,040
This is it. Just this one thing?
This is one I'm gonna be

2579
02:38:20,040 --> 02:38:23,910
focusing on 100 No. There's
there's a lot of there's a lot

2580
02:38:23,910 --> 02:38:26,910
of stuff a lot of stuff
happening. You know, but you'll

2581
02:38:26,910 --> 02:38:29,730
you guys, maybe you'll have me
back and I can talk about of

2582
02:38:29,730 --> 02:38:29,970
course

2583
02:38:29,970 --> 02:38:31,470
we're gonna have you back. Yeah.

2584
02:38:31,470 --> 02:38:34,830
How many new shows how many new
shows you started in? 2010?

2585
02:38:34,830 --> 02:38:35,280
Really?

2586
02:38:35,550 --> 02:38:37,020
The 60 by 60 network?

2587
02:38:39,840 --> 02:38:41,970
Ooh, two. Wow.

2588
02:38:42,630 --> 02:38:47,850
Did you did you launch the
listen to Dan. Read a book while

2589
02:38:47,850 --> 02:38:48,270
you sleep?

2590
02:38:48,900 --> 02:38:50,970
recording. I'm recording the
books. I'm recording the books

2591
02:38:50,970 --> 02:38:53,070
right now to do it because I
want to have them I want to come

2592
02:38:53,070 --> 02:38:56,850
out of the gate really strong
some I'm almost done. recording.

2593
02:38:56,880 --> 02:38:59,550
But that's coming this thank you
for asking. Okay, yeah,

2594
02:38:59,550 --> 02:39:03,690
I'm looking forward to that one
that's also want a podcast of

2595
02:39:03,690 --> 02:39:05,280
only your monster truck
announcements.

2596
02:39:05,670 --> 02:39:07,140
Oh, you like that?

2597
02:39:07,950 --> 02:39:09,330
We need one for this show. We

2598
02:39:09,330 --> 02:39:12,330
need you won't let me do one.
Did you hear it out? And I send

2599
02:39:12,330 --> 02:39:12,810
it to you.

2600
02:39:13,350 --> 02:39:14,250
Oh, did

2601
02:39:14,250 --> 02:39:16,710
you send it send it to him? Then
it's Marvel. Oh,

2602
02:39:16,740 --> 02:39:19,290
I'll send it to him in a second.

2603
02:39:19,950 --> 02:39:20,700
Yeah, it's it?

2604
02:39:20,730 --> 02:39:23,970
I do. I do kind of crazy voice
stuff. And I want to do it. Let

2605
02:39:23,970 --> 02:39:26,190
me do the intro for the show
with that. Well, yeah, I'll send

2606
02:39:26,190 --> 02:39:29,070
it to you, Adam, if you approve
of it. Give me a script. And

2607
02:39:29,430 --> 02:39:29,880
you're done.

2608
02:39:29,880 --> 02:39:32,580
Dude, we'll play anything. We
have no production on this show.

2609
02:39:34,140 --> 02:39:38,400
I'm still using Martin's fiber
Ender five render center.

2610
02:39:38,699 --> 02:39:40,979
Yeah, I will. I will

2611
02:39:40,980 --> 02:39:43,290
say I will just tell me what to
say. And I'll say I'll send you

2612
02:39:43,290 --> 02:39:43,860
a sample

2613
02:39:43,890 --> 02:39:48,630
and I really appreciate you
being open and and, and you

2614
02:39:48,630 --> 02:39:52,290
know, trying to push everything
forward as well. It's it's very

2615
02:39:52,290 --> 02:39:54,360
much appreciated. Absolutely.
I'm

2616
02:39:54,360 --> 02:39:56,520
thanks for having me on. And
thanks for letting me be

2617
02:39:56,520 --> 02:40:00,930
involved. I love what you guys
do here and I'm As much as

2618
02:40:00,930 --> 02:40:02,910
possible for me to support it, I
want to do it.

2619
02:40:03,570 --> 02:40:04,080
Awesome.

2620
02:40:04,350 --> 02:40:10,860
And Benjamin fireside.fm and
have a great 2021. Man we'll be

2621
02:40:10,890 --> 02:40:14,310
we'll be talking to you on
podcast index dot social and

2622
02:40:14,370 --> 02:40:17,070
definitely we'll have you back
on we'll get an update and who

2623
02:40:17,070 --> 02:40:20,790
knows what'll be going on. I
feel good about this year. guys.

2624
02:40:20,790 --> 02:40:21,180
Thank

2625
02:40:21,180 --> 02:40:22,830
you. Thank you. Thank you. Thank
you. Thank you

2626
02:40:22,890 --> 02:40:26,760
are my brother David. Dave,
we'll see you. Friday.

2627
02:40:27,210 --> 02:40:30,510
Yeah, yeah, nothing, nothing.
The board. Yeah. Perfect.

2628
02:40:31,920 --> 02:40:36,090
podcasting. 2.0 and we'll be
back next week as we move

2629
02:40:36,090 --> 02:40:38,100
podcasting into the next phase.

2630
02:40:54,840 --> 02:41:00,360
been listening to podcasting 2.0
to visit podcast, Zach. org for

2631
02:41:00,360 --> 02:41:01,770
more information.

