Dev & Kyle Interview Sid

What the Hell?  A BONUS EPISODE?!?!?!  Dev & Kyle sneak in an episode on an off-week to interview their new friend Sid about all the parts of Crypto that you didn't know but were afraid to ask.  As well as being our first interview, this is also our first Patreon bonus!  This episode is the 1 hour abridged version, but there's nearly 40 more minutes of Sid & Dev & Kyle & tangents available by visiting our Patreon page and becoming a sustaining Apocalypto at patreon.com/devandkyle

 

00:00  Mr. Chase never gets old
01:40  16 rings to rule them all
02:10 Even when you squirt, they will knock
03:00  patreon.com/devandkyle for the full unabridged version
04:00 Apocalyptos are beautiful people
04:46 If we're not funny this time, it is on purpose
05:55 Sid, our brand new friend
06:10 Specifically about Crypto, Sid is not a crazy person
07:00 A nuanced take on crypto
07:30 The very first interview show
08:00 what is a blockchain
08:46 Ol' Bob Cratchit was the first blockchain
09:25 Dev is outvoted
10:21 You don't have to use a blockchain for money
10:44 "Whatever information you are transmitting is true and is accepted by everyone else participating in the network"
11:30 Of course, no one on the internet would lie about their name
11:45 Fungible - Kyle's favorite word
12:25 For example, Dev & Kyle are Fungible...
12:45 Слава Україні! Sláva Ukrayíni!
13:08 Weird people out trading quid
13:45 Low blow, monkey traders
14:30 NFT Art is no more fucked up than real world art
15:50 Keep it secret, keep it safe
16:30 The internet age is infinite duplication
17:00 The crypto age allows for a real definition of truth
20:00 There is freedom of information and NOT freedom of truth
21:00 Crypto onboarding is very difficult
22:00 the iPhone was laughed out of the building
23:00 a dumb phone with a big screen and no buttons
23:50 A phone first life is not just achievable, it is normal to many
24:50 Scams are real and are a problem
25:16 Crypto is like a new language.  Knowledge of it unlocks opportunities
26:46 Blockchain is the iphone, Ethereum is the AppStore
28:00 LPT: Recessions come out of nowhere
28:30 Bitcoin was the first and the most famous
29:00 The breakthrough of 
29:37 13,000 coins listed on coingecko.com
30:00 Just by hanging out and not fucking up, people start to think of Bitcoin as having stability.  Stability brings value
31:00 Bitcoin allows transfers of fixed data
31:30 Ethereum and the EVM transfers lines of code inside the blockchain
32:45 Middle-out, Dev
32:55 You had the opportunity to keep a secret, Dev
35:20 High chance you heard of Bitcoin first
36:00 What is stopping any other currency from adding cool new ideas?  Nothing.  Have a cool idea
37:45 You might disagree with Sid's opinion, but you'd be wrong
39:00 My bank isn't in danger of disappearing.  Not everyone can say that
39:20 True story where cryptocurrency was required
40:30 Cross border payments are a real thing
41:00 Currency fluctuations in 'real world' currencies are very real, too
42:00 Unbanked population is 1.9 billion people
42:30 A bank account is a good thing, but loans & other financial tools are step 2
42:50 The world is burning to death
44:00 Why would I want the upstart technology to be just as bad?  I don't
44:30 The old world model from....  2007
44:50 What is proof of work?
45:10 Proof of Work is Proof of Math
45:48 Proof of Work is the coal powered steam engine
46:16 Proof of Steak
46:35 When 999,999 children agree, we have Consensus of Minors.  They have chosen candy
48:00 Big bag of money means I win
49:00 The blockchain includes the popular vote
50:00 Elon Musk Money
50:40 Proof of Stake gives you access to veto but in public
51:40 We did not get the episode out by then.  Sorry🙂
54:10 The world's first $48 billion dollar Fungible Token
54:50 The only reason you wouldn't do it is because it is a bad idea
55:42 Attention:  We're at the new cool school
56:00 Prove a normal amount of participation, not a maximum amount of participation
56:50 You can't even buy a big bag of money
57:30 But I bet they have fucking smartphones...
58:00 Smart Contracts, the most powerful
58:37 Kyle breaks his cardinal rule
59:20 There is nothing so expensive in America as being poor
59:50 Just grow a heart
1:00:00 The fees don't have to go away as long as they become equal for everyone
1:02:00 Everyone knows you know
1:01:30 What the fuck is a Smart Contract, Sid?
1:02:40 Dev's Basketball OnlyFans
1:03:20 Both parties get satisfied, huh?
1:04:45 A program inside the blockchain
1:05:15 The money is in digital escrow
1:06:15 You only need the Ethereum blockchain to be running to verify the Smart Contract
1:07:35 Bitcoin has more value but Ethereum has more participants
1:08:10 Bitcoin is digital gold and is as inconvenient as real gold to buy a sandwich
1:09:20 I've seen the Grotto...
01:10:00 Sid casually identifies with the Monopoly Man and all his hotels
01:11:15 On the flipside, Kyle shows that people who don't own stuff might like NFTs, too
1:12:05 Kyle totally lives here
1:12:55 Dev & Kyle & Sid wants to burn down the DMV
1:13:40 We're going to clean up the internet with NFTs
1:14:20 You can go look in the trash and find the dick
1:15:00 The JPGs aren't actually on the blockchain, the metadata is
1:16:45 "Is your boy misbehavin' dot com"
1:17:40 Kyle can't quit you, Sid
1:18:10 devnkylesta@gmail.com
1:19:09 Yeaaaaahhhhh