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RE: Lion’s Den – September 27, 2024 [Full Episode w/ Subtitles & Transcript]

in Threespeak4 months ago

1406
01:33:08,020 --> 01:33:13,140
I mean, he had real life issues that came up.

1407
01:33:13,140 --> 01:33:16,500
And it's unfortunate, but that's how he did it.

1408
01:33:16,500 --> 01:33:23,420
In fact, his business partner, Blain, he also had real life issues.

1409
01:33:23,420 --> 01:33:25,100
He's no longer around.

1410
01:33:25,100 --> 01:33:29,180
I mean, he had a lot of heavy stuff that he had to deal with.

1411
01:33:29,180 --> 01:33:33,020
But, yeah, I think he's still around.

1412
01:33:33,020 --> 01:33:37,740
Nifty said, taking it further, how many people are still here from the Steam Leo days?

1413
01:33:37,740 --> 01:33:39,180
That's true too.

1414
01:33:39,180 --> 01:33:40,180
That's true too.

1415
01:33:40,180 --> 01:33:43,520
A lot of people joined after that.

1416
01:33:43,520 --> 01:33:44,520
But yeah.

1417
01:33:44,520 --> 01:33:50,020
Ahmad, okay, I'm not in this realm, but Ahmad said this.

1418
01:33:50,020 --> 01:33:57,280
An example for gaming, Steam, S-T-E-A-M, takes 30% of each sale from their store.

1419
01:33:57,280 --> 01:33:58,280
But as a user of Steam.

1420
01:33:58,280 --> 01:34:04,500
I think they're using their earnings from 30% to take from the developers to support

1421
01:34:04,500 --> 01:34:05,500
us gamers.

1422
01:34:05,500 --> 01:34:09,780
Only a few companies are giving as much value to their store as them.

1423
01:34:09,780 --> 01:34:10,780
Yeah.

1424
01:34:10,780 --> 01:34:15,460
Well, whether it's coming from the company or whether it's coming directly from the buyers,

1425
01:34:15,460 --> 01:34:17,980
it's coming from somewhere.

1426
01:34:17,980 --> 01:34:19,780
And that's going to hinder things.

1427
01:34:19,780 --> 01:34:23,560
Now, is 30% too much?

1428
01:34:23,560 --> 01:34:26,180
I mean, Epic Games took a...

1429
01:34:26,180 --> 01:34:27,540
Well, I guess.

1430
01:34:27,540 --> 01:34:33,120
If you have an X premium account and it costs like nine bucks or eight bucks regularly,

1431
01:34:33,120 --> 01:34:37,340
you have to pay 30% more if you're an iOS user.

1432
01:34:37,340 --> 01:34:42,040
So now you're paying 12 bucks.

1433
01:34:42,040 --> 01:34:52,060
I mean, that's $36 a year given to Apple.

1434
01:34:52,060 --> 01:34:54,540
I mean, I guess it's up to each person to figure.

1435
01:34:54,540 --> 01:34:55,540
Is that a raw deal?

1436
01:34:55,540 --> 01:34:56,540
Yeah.

1437
01:34:56,540 --> 01:34:57,540
Yeah.

1438
01:34:57,540 --> 01:34:59,300
It's a raw deal for everybody but Apple.

1439
01:34:59,300 --> 01:35:04,300
I don't know.

1440
01:35:04,300 --> 01:35:07,960
Yeah.

1441
01:35:07,960 --> 01:35:13,300
If the masses come, the recent feed, the latest feed will be flowing so fast without...

1442
01:35:13,300 --> 01:35:14,300
Yeah.

1443
01:35:14,300 --> 01:35:15,300
Without recommending...

1444
01:35:15,300 --> 01:35:16,800
I mean, yeah.

1445
01:35:16,800 --> 01:35:19,700
People need to the latest feed anyway.

1446
01:35:19,700 --> 01:35:23,020
I mean, the For You feed has to be improved.

1447
01:35:23,020 --> 01:35:24,020
You go to Twitter.

1448
01:35:24,020 --> 01:35:27,340
I mean, who knows the Twitter and goes to a latest feed?

1449
01:35:27,340 --> 01:35:32,100
You know, a site-wide latest feed.

1450
01:35:32,100 --> 01:35:36,340
Like BushcraftBites is saying, you try to read that, it'll blow your mind.

1451
01:35:36,340 --> 01:35:37,340
That'd be 500 million.

1452
01:35:37,340 --> 01:35:40,620
Well, I guess I'd have tweets a day, that's tweets and comments.

1453
01:35:40,620 --> 01:35:41,620
But I don't know.

1454
01:35:41,620 --> 01:35:42,620
What is that?

1455
01:35:42,620 --> 01:35:49,460
You know, even if it's 10%, 50 million tweets, that thing would be going a mile a second.

1456
01:35:49,460 --> 01:35:56,100
So the latest feed is ultimately with any activity is worthless.

1457
01:35:56,100 --> 01:35:58,280
It's worthless.

1458
01:35:58,280 --> 01:36:05,000
So other feeds need to be developed, not only by the platform, but by individuals, the For You

1459
01:36:05,000 --> 01:36:07,600
feeds, the following feeds, all of that stuff.

1460
01:36:07,600 --> 01:36:11,340
It's funny, on log form, we use like on PTE, or at least I do, we use the following feed

1461
01:36:11,340 --> 01:36:12,340
and we go through.

1462
01:36:12,340 --> 01:36:19,600
There's a following feed on here.

1463
01:36:19,600 --> 01:36:22,860
Do people use the following feed?

1464
01:36:22,860 --> 01:36:24,100
Then you can set up lists.

1465
01:36:24,100 --> 01:36:25,100
Yeah.

1466
01:36:25,100 --> 01:36:26,100
Yeah.

1467
01:36:26,100 --> 01:36:27,100
Yeah.

1468
01:36:27,100 --> 01:36:28,100
I think so.

1469
01:36:28,100 --> 01:36:29,100
Yeah.

1470
01:36:29,100 --> 01:36:30,100
Yeah.

1471
01:36:30,100 --> 01:36:31,100
We have to do that.

1472
01:36:31,100 --> 01:36:34,100
Chat GPT, Lama, and other LMs will put the blockchain content on themselves in the future,

1473
01:36:34,100 --> 01:36:35,100
I'm sure of it.

1474
01:36:35,100 --> 01:36:36,100
Well, yeah, it's going to scrape it.

1475
01:36:36,100 --> 01:36:38,400
They're going to scrape it if it's open.

1476
01:36:38,400 --> 01:36:45,140
And I don't care if they do, as long as a startup wants to build a model, they got

1477
01:36:45,140 --> 01:36:54,440
themselves a little GPU, and they need data, well, go scrape Hive, now you're in business.

1478
01:36:54,440 --> 01:36:55,440
That's the point.

1479
01:36:55,440 --> 01:37:01,500
democratization of data this is why I'm such a hard ass on it it's not only for LEO it's for

1480
01:37:01,500 --> 01:37:08,340
humanity the more we put on the Hive database the more it's permissionless anybody can scrape it

1481
01:37:08,340 --> 01:37:14,440
anybody can download it anybody can take it and set up an api and pull from it no permissions

1482
01:37:14,440 --> 01:37:22,180
required you cannot do that with facebook now people have I'm sure and people scrape twitter

1483
01:37:22,180 --> 01:37:26,140
but they're locking that down drop locking down the robot.txt

1484
01:37:26,140 --> 01:37:35,980
so the more we get placed on the blockchain the more that's out there for humanity

1485
01:37:35,980 --> 01:37:43,040
and you know if you do a prompt on ChatGPT it's on open ai servers

1486
01:37:43,040 --> 01:37:48,760
now if you hit the copy button you take the result of that and you throw it on

1487
01:37:48,760 --> 01:37:51,680
on threads now it's on LEO

1488
01:37:51,680 --> 01:37:52,160
you

1489
01:37:52,180 --> 01:38:16,720
see again ahmed ahmed said premium for having x number of LEO token I don't know if this good

1490
01:38:16,720 --> 01:38:22,160
if it is really good or really bad but it'll be good for the economy but I'm not sure about users

1491
01:38:22,180 --> 01:38:30,240
why why see it's amazing how people believe they don't they shouldn't have any

1492
01:38:30,240 --> 01:38:35,540
skin in the game they want the financial benefits without any skin in the game this is the problem

1493
01:38:37,380 --> 01:38:41,300
it's a gimme gimme gimme I don't have any skin in the game but I want to be wealthy

1494
01:38:42,740 --> 01:38:47,060
I want this I want this I want this I want access but I want no skin in the game I don't

1495
01:38:47,060 --> 01:38:51,300
want to pay for it we had people leave threads when premiums was introduced because they thought

1496
01:38:51,300 --> 01:38:52,140
Kimmy gives em a lot of money but Global auf juice is GDPPR.com has $6.5 slut

1497
01:38:52,140 --> 01:38:57,660
well I got to pay to use this fuck you they left so they don't want to pay and

1498
01:38:57,660 --> 01:39:04,460
now oh well I don't want to have any skin again I want to be given everything

1499
01:39:04,460 --> 01:39:13,140
no you have skin again you're not have some skin again you can show up here for

1500
01:39:13,140 --> 01:39:23,520
free you're given all these tools and people bitch you have the opportunity to

1501
01:39:23,520 --> 01:39:28,980
earn money from your first thread it gets an upvote you make money you don't

1502
01:39:28,980 --> 01:39:32,020
have to do a thousand threads or ten thousand threads or a hundred thousand

1503
01:39:32,020 --> 01:39:38,900
threads your first thread if it gets up voted you get money in seven days your

1504
01:39:38,900 --> 01:39:43,140
first post if it's up vote you get money in seven days

1505
01:39:43,140 --> 01:39:53,060
we don't charge for accounts because people are claiming account tokens so

1506
01:39:53,060 --> 01:40:02,780
they get into the door for free but now give it give everything away I'm at still

1507
01:40:02,780 --> 01:40:08,760
thinking like a crypto purse he's not he actually understands us but again it's

1508
01:40:08,760 --> 01:40:12,740
if I've gotten the other way

1509
01:40:13,140 --> 01:40:19,260
why is Mercedes so it's successful why is Rolex so successful why are these

1510
01:40:19,260 --> 01:40:28,380
brands so successful do they cater everybody no it's exclusive perhaps in

1511
01:40:28,380 --> 01:40:37,620
the future when you have networks that are abundant maybe the exclusivity is in

1512
01:40:37,620 --> 01:40:40,960
what you're offering on the network

1513
01:40:41,860 --> 01:40:43,060
screw you

1514
01:40:43,060 --> 01:40:43,120
you

1515
01:40:43,140 --> 01:40:47,820
we're not gonna let everybody involved no not everybody can be have a

1516
01:40:47,820 --> 01:40:56,840
subscription you want our money off our user base why should we allow to do that

1517
01:40:58,960 --> 01:41:07,380
people say well that's crazy is it is it you think different

1518
01:41:07,380 --> 01:41:13,060
organizations allow everybody to be involved in them no they're exclusive

1519
01:41:13,060 --> 01:41:15,220
so if you're having a little difficult and you don't want to become the

1520
01:41:15,220 --> 01:41:17,440
sole proprietor of really the most familiar with these to the most familiar

1521
01:41:17,440 --> 01:41:19,920
brands now you have to have a warm front of the

1522
01:41:19,920 --> 01:41:24,460
get a smart profile you have to be a teacher you have to be a published

1523
01:41:24,460 --> 01:41:28,840
author to be college level athlete you have to have been in the US military or

1524
01:41:28,840 --> 01:41:35,400
in whatever military you have to meet these requirements you want to use this

1525
01:41:35,400 --> 01:41:42,900
you have to have this much Leo buy it earn it borrow it steal it the whatever

1526
01:41:42,900 --> 01:41:49,820
Evergreen content over disposable content always support evergreen.

1527
01:41:49,820 --> 01:41:55,540
Well, BushcraftBites, it's a fine line because disposable content, I would put in disposable

1528
01:41:55,540 --> 01:41:56,960
content news.

1529
01:41:56,960 --> 01:41:59,000
But news is extremely important.

1530
01:41:59,000 --> 01:42:03,060
In fact, I put out a thread and said, why doesn't somebody make shorts just on news

1531
01:42:03,060 --> 01:42:04,060
headlines?

1532
01:42:04,060 --> 01:42:08,540
You could make easily 10 shorts a day just on, it doesn't even have to be general news.

1533
01:42:08,540 --> 01:42:12,380
It could just be on crypto headlines or news headlines.

1534
01:42:12,380 --> 01:42:18,500
Go to whatever your favorite news site is, pull the 10 headlines and just create a short

1535
01:42:18,500 --> 01:42:21,540
about each of them.

1536
01:42:21,540 --> 01:42:23,840
News is very important.

1537
01:42:23,840 --> 01:42:29,460
One of the biggest problems with Leo is drawing people here and you don't know what the hell

1538
01:42:29,460 --> 01:42:31,280
is going on in the world.

1539
01:42:31,280 --> 01:42:32,280
And so what happens?

1540
01:42:32,280 --> 01:42:37,040
Well, if I want to find out what goes on in the world, I have to go back to Twitter to

1541
01:42:37,040 --> 01:42:39,460
find out what took place.

1542
01:42:39,460 --> 01:42:42,260
There's no news on Leo or very little.

1543
01:42:42,260 --> 01:42:42,380
Yeah.

1544
01:42:42,380 --> 01:42:47,020
And right now, what is there, you can't find.

1545
01:42:47,020 --> 01:42:54,060
That's why the Threadcast for news, that was at least a step in the right direction.

1546
01:42:54,060 --> 01:43:03,060
So having that disposable content is crucial because that's what people need.

1547
01:43:03,060 --> 01:43:09,940
But you're right, from the long-term building, you need that green content because if you

1548
01:43:09,940 --> 01:43:12,260
are starting out as a content creator.

1549
01:43:12,260 --> 01:43:22,920
Every day from zero, that's a tough slog because that means everything you created before has

1550
01:43:22,920 --> 01:43:26,500
very little value.

1551
01:43:26,500 --> 01:43:31,440
And let's be honest, that's what news organizations, that's why news organizations, they're being

1552
01:43:31,440 --> 01:43:37,740
written off because even though they have these huge libraries, they're worthless.

1553
01:43:37,740 --> 01:43:40,940
I mean, does anybody give a crap about a CNBC episode?

1554
01:43:40,940 --> 01:43:41,940
When Kramer was recognized?

1555
01:43:41,940 --> 01:43:42,140
Yeah.

1556
01:43:42,140 --> 01:43:43,140
Yeah.

1557
01:43:43,140 --> 01:43:44,140
Yeah.

1558
01:43:44,140 --> 01:43:45,140
Yeah.

1559
01:43:45,140 --> 01:43:46,140
Yeah.

1560
01:43:46,140 --> 01:43:47,140
Yeah.

1561
01:43:47,140 --> 01:43:48,140
Yeah.

1562
01:43:48,140 --> 01:43:49,140
Yeah.

1563
01:43:49,140 --> 01:43:50,140
Yeah.

1564
01:43:50,140 --> 01:43:51,140
Yeah.

1565
01:43:51,140 --> 01:43:52,140
Yeah.

1566
01:43:52,140 --> 01:43:53,140
Yeah.

1567
01:43:53,140 --> 01:43:54,140
Yeah.

1568
01:43:54,140 --> 01:43:55,140
Yeah.

1569
01:43:55,140 --> 01:43:56,140
Yeah.

1570
01:43:56,140 --> 01:43:57,140
Yeah.

1571
01:43:57,140 --> 01:43:58,140
I mean, does anybody give a crap about recommending a stock in 2016 that is no longer even publicly

1572
01:43:58,140 --> 01:43:59,140
traded or the company's no longer in business?

1573
01:43:59,140 --> 01:44:00,140
No.

1574
01:44:00,140 --> 01:44:01,140
Does somebody give a crap about a weather report from 2019?

1575
01:44:01,140 --> 01:44:02,140
No.

1576
01:44:02,140 --> 01:44:03,140
Does anybody give a crap about the sports course from 2020?

1577
01:44:03,140 --> 01:44:04,140
No.

1578
01:44:04,140 --> 01:44:07,200
Does anybody give a crap about the political headlines from the 2016 US presidential election?

1579
01:44:07,200 --> 01:44:08,200
No.

1580
01:44:08,200 --> 01:44:09,280
It's dead data.

1581
01:44:09,280 --> 01:44:10,380
Now, contrast to the last one.

1582
01:44:10,380 --> 01:44:11,380
Yeah.

1583
01:44:11,380 --> 01:44:13,660
Contrast that with a film.

1584
01:44:14,600 --> 01:44:16,820
Contrast that with an episode of Seinfeld.

1585
01:44:17,300 --> 01:44:20,500
Contrast that with a motivation video.

1586
01:44:21,120 --> 01:44:25,360
A motivation video that was made 10 minutes ago or 10 years ago has the equal impact.

1587
01:44:27,780 --> 01:44:29,220
That's evergreen content.

1588
01:44:29,620 --> 01:44:31,160
And that's what he's talking about.

1589
01:44:31,680 --> 01:44:32,900
And he's absolutely correct.

1590
01:44:32,900 --> 01:44:40,520
If you really want to get serious about building your own personal library of content, do stuff that is pertinent.

1591
01:44:41,380 --> 01:44:44,080
Do stuff that has stickiness, that has longevity.

1592
01:44:49,800 --> 01:44:52,500
I mean, an analysis of history.

1593
01:44:53,860 --> 01:45:00,980
I mean, if I do an analysis of the Eisenhower administration today, or I did it a few years ago, it's going to have the same value.

1594
01:45:02,120 --> 01:45:06,960
Anybody who's interested in history in the Eisenhower administration, they can watch that video.

1595
01:45:07,300 --> 01:45:09,540
And 10 years from now, that video will be just as valid.

1596
01:45:10,740 --> 01:45:11,020
Why?

1597
01:45:11,020 --> 01:45:14,760
The Eisenhower administration was what, like 85 years ago or something?

1598
01:45:15,280 --> 01:45:16,080
80 years ago?

1599
01:45:17,000 --> 01:45:18,860
I guess it was in the 50s, but whatever.

1600
01:45:19,200 --> 01:45:20,060
75 years ago.

1601
01:45:23,300 --> 01:45:24,260
Think about that.

1602
01:45:25,040 --> 01:45:27,480
Think about that when you're just talking about the price of Bitcoin.

1603
01:45:29,220 --> 01:45:32,180
I mean, you do a thread about the price of Bitcoin.

1604
01:45:32,280 --> 01:45:33,700
10 minutes later, it's a wasted thread.

1605
01:45:34,480 --> 01:45:38,920
I mean, not only because you can't find it on threads, but because the price of Bitcoin changed.

1606
01:45:38,920 --> 01:45:42,620
Every second for the last 10 minutes.

1607
01:45:43,620 --> 01:45:44,940
Hell, it might be up 3%.

1608
01:45:44,940 --> 01:45:45,920
It might be down 3%.

1609
01:45:47,000 --> 01:45:56,480
Humans have a hard time actually considering what an exponential growth curve.

1610
01:45:56,740 --> 01:45:57,680
Our brain is linear.

1611
01:45:57,820 --> 01:45:58,080
Yes.

1612
01:45:58,600 --> 01:46:00,320
Yes, Walter J., our brain is linear.

1613
01:46:01,960 --> 01:46:03,900
MoreTea put an exponential growth curve.

1614
01:46:03,900 --> 01:46:05,600
He put a number of them.

1615
01:46:05,860 --> 01:46:08,900
Actually, it was just one video, and it just shows the eventuality.

1616
01:46:08,920 --> 01:46:11,540
And the mathematics behind it.

1617
01:46:12,120 --> 01:46:15,040
And that is absolutely correct about how that works.

1618
01:46:16,320 --> 01:46:17,900
It's also people talk about with compounding.

1619
01:46:18,480 --> 01:46:20,440
Compounding can be an exponential growth curve.

1620
01:46:24,940 --> 01:46:26,460
The fallen feed InLeo doesn't work.

1621
01:46:26,580 --> 01:46:27,840
It's essentially Lay's feed.

1622
01:46:27,980 --> 01:46:28,260
Okay.

1623
01:46:30,780 --> 01:46:31,500
All right.

1624
01:46:31,620 --> 01:46:33,180
I mean, I use the For You feed.

1625
01:46:34,240 --> 01:46:38,060
For You feed is actually, it's not awful.

1626
01:46:38,060 --> 01:46:38,160
It's not awful.

1627
01:46:38,160 --> 01:46:38,220
It's not awful.

1628
01:46:38,220 --> 01:46:38,280
It's not awful.

1629
01:46:38,280 --> 01:46:38,320
It's not awful.

1630
01:46:38,320 --> 01:46:38,340
It's not awful.

1631
01:46:38,340 --> 01:46:38,380
It's not awful.

1632
01:46:38,380 --> 01:46:38,400
It's not awful.

1633
01:46:38,400 --> 01:46:38,460
It's not awful.

1634
01:46:38,460 --> 01:46:38,480
It's not awful.

1635
01:46:38,480 --> 01:46:38,740
It's not awful.

1636
01:46:38,920 --> 01:46:38,980
It's not awful.

1637
01:46:38,980 --> 01:46:39,000
It's not awful.

1638
01:46:39,000 --> 01:46:39,020
It's not awful.

1639
01:46:39,020 --> 01:46:39,080
It's not awful.

1640
01:46:39,080 --> 01:46:39,100
It's not awful.

1641
01:46:39,100 --> 01:46:39,280
It's not awful.

1642
01:46:40,480 --> 01:46:43,820
I mean, my For You feed is actually pretty accurate.

1643
01:46:53,620 --> 01:46:54,300
I agree.

1644
01:46:54,420 --> 01:46:55,240
Staking is important.

1645
01:46:55,320 --> 01:46:59,080
Not only to show that you are serious, but to add value by taking off the market.

1646
01:46:59,180 --> 01:47:03,560
We need to get rid of reputation and start using stake by itself instead.

1647
01:47:04,760 --> 01:47:07,380
Or there's other ways to develop reputation.

1648
01:47:07,380 --> 01:47:15,060
It's always hard to quantify, you know, especially since reputation is subjective.

1649
01:47:16,320 --> 01:47:18,580
I mean, if you think about it, we each can.

1650
01:47:19,000 --> 01:47:20,280
I mean, think about Khal.

1651
01:47:20,660 --> 01:47:24,740
How I view Khal and you view Khal may be two different ways.

1652
01:47:25,840 --> 01:47:28,160
And it's not that, you know, a good or a bad.

1653
01:47:28,260 --> 01:47:32,860
It's just you may have one impression and I might have a slightly different impression.

1654
01:47:33,420 --> 01:47:36,580
You may be basing it upon one set of factors.

1655
01:47:36,580 --> 01:47:39,120
I might be basing it on a different set of factors.

1656
01:47:39,580 --> 01:47:40,420
So it is personal.

1657
01:47:41,280 --> 01:47:44,660
And that's why I said about reputation, it's not what you think you value yourself.

1658
01:47:44,720 --> 01:47:46,060
It's what others are thinking about you.

1659
01:47:47,420 --> 01:47:51,740
And if you think you're just doing something good, but other people think you're a spammer,

1660
01:47:53,400 --> 01:47:54,580
you're viewed as a spammer.

1661
01:47:57,320 --> 01:48:01,440
If you think you're serious about something, but other people view you as not serious,

1662
01:48:02,360 --> 01:48:05,440
especially in a monetization or a monetary environment,

1663
01:48:06,580 --> 01:48:11,940
if they don't view you as serious, that's the only opinion that matters.

1664
01:48:12,400 --> 01:48:13,780
Because they're not going to give you money.

1665
01:48:15,360 --> 01:48:19,220
And again, if you're not looking for money, then you're not in a monetized environment.

1666
01:48:19,560 --> 01:48:20,340
You don't give a crap.

1667
01:48:20,820 --> 01:48:28,180
But if you're looking for money, you know, I don't know how it is around the rest of the world.

1668
01:48:29,120 --> 01:48:35,160
But in the United States, lawyers spend a fortune on their offices.

1669
01:48:36,580 --> 01:48:37,360
A fortune.

1670
01:48:39,260 --> 01:48:41,440
They spend a fortune on their attire.

1671
01:48:42,440 --> 01:48:44,480
This is literally images everything.

1672
01:48:47,860 --> 01:48:49,600
You don't see accountants do this.

1673
01:48:51,380 --> 01:48:53,400
You don't see real estate agents do this.

1674
01:48:53,400 --> 01:48:54,700
No, they look nice.

1675
01:48:54,760 --> 01:48:55,740
They have nice offices.

1676
01:48:56,160 --> 01:48:58,340
But they're not spending a fortune.

1677
01:48:58,760 --> 01:48:59,420
Lawyers do.

1678
01:49:00,160 --> 01:49:00,500
Why?

1679
01:49:01,580 --> 01:49:04,520
That is how they present their reputation.

1680
01:49:05,860 --> 01:49:06,560
That's part.

1681
01:49:06,560 --> 01:49:07,500
That's part of their reputation.

1682
01:49:08,840 --> 01:49:12,080
And it's become acceptable.

1683
01:49:14,140 --> 01:49:22,040
You walk into a law office, and it's a small one-office, two-room office,

1684
01:49:22,500 --> 01:49:24,720
and the furniture's 15 years old.

1685
01:49:25,060 --> 01:49:26,920
There's files sitting all over the place.

1686
01:49:28,200 --> 01:49:31,640
You're saying to yourself, this guy or woman is a crap attorney.

1687
01:49:33,160 --> 01:49:36,440
That's just, that's where part of the reputation.

1688
01:49:37,440 --> 01:49:38,660
It's part of the pie.

1689
01:49:39,780 --> 01:49:42,080
What are you doing with your pie?

1690
01:49:42,380 --> 01:49:43,420
How are you baking it?

1691
01:49:43,460 --> 01:49:44,140
What are you presenting?

1692
01:49:45,680 --> 01:49:51,660
And so, yeah, I think the idea of staking is also part of your reputation.

1693
01:49:51,660 --> 01:49:53,480
It shows that you're a part of an ownership.

1694
01:49:53,980 --> 01:49:55,060
Serious about this.

1695
01:49:55,980 --> 01:49:56,160
You know?

1696
01:50:06,560 --> 01:50:25,940
But, but, but, what I keep saying, butterflies.

1697
01:50:26,740 --> 01:50:31,760
BushcraftBites explained what he meant by disposable content.

1698
01:50:36,560 --> 01:50:44,940
If you did one or two.

1699
01:50:44,940 --> 01:50:45,600
All right.

1700
01:50:45,620 --> 01:50:47,440
Well, that about sums it up.

1701
01:50:47,460 --> 01:50:48,940
We've gone through the questions.

1702
01:50:49,000 --> 01:50:51,440
We went a little longer today, like we did last week.

1703
01:50:51,440 --> 01:50:55,040
But hopefully, this going back to the original.

1704
01:50:56,200 --> 01:50:57,140
To a quick recap.

1705
01:50:57,820 --> 01:51:06,300
Adding tokens is important and think through how adding tokens.

1706
01:51:06,560 --> 01:51:13,520
re-threading does not add tokens re-threading is basically just a link to a previous thread

1707
01:51:16,160 --> 01:51:23,120
dropping videos from youtube is not adding tokens now again I'm not saying don't re-thread

1708
01:51:23,920 --> 01:51:27,680
re-thread can be good for engagement if there's something you find valuable

1709
01:51:28,960 --> 01:51:35,200
but let's be honest re-threading them Threadcast is pretty waste pretty pretty useless the damn

1710
01:51:35,200 --> 01:51:39,280
threadcasts are right at the top of the page and yet I see people they re-thread you know

1711
01:51:39,280 --> 01:51:46,400
the the Threadcast uh you know all I mean if there's a particular threat that it's going live

1712
01:51:46,960 --> 01:51:54,640
you know like the ama and it's up there and it's going live and you know I mean if Khal

1713
01:51:54,640 --> 01:51:58,960
puts up the Threadcast an hour early okay you re-thread it and say this go live wonderful

1714
01:51:59,680 --> 01:52:03,920
no big deal but to take every re-thread Threadcast and just re-thread them

1715
01:52:05,200 --> 01:52:10,880
they're right there you know maybe once throughout the day you drop a Threadcast

1716
01:52:10,880 --> 01:52:20,400
that you're involved in or you put up great but again a youtube video put the transcript

1717
01:52:20,960 --> 01:52:28,800
now if it's a song or if it's just a video of a cat or or something obviously there's no transcript

1718
01:52:29,680 --> 01:52:35,120
okay that's an engagement tool somebody might enjoy the cat video okay cool

1719
01:52:35,680 --> 01:52:36,800
people like cat videos

1720
01:52:40,160 --> 01:52:42,560
but if you're just putting up nothing but cat videos

1721
01:52:44,560 --> 01:52:49,200
or worse you're you're putting up two hour or hour and a half long videos

1722
01:52:50,320 --> 01:52:53,680
I mean how many times has somebody posted a video that's an hour long

1723
01:52:53,680 --> 01:52:56,080
from youtube on threads and you sat there and watched it

1724
01:52:59,440 --> 01:53:03,360
I'll be honest with you I I see videos on youtube and they're an hour long I don't watch them

1725
01:53:06,160 --> 01:53:11,040
so start putting text into the database

1726
01:53:12,640 --> 01:53:19,440
your articles obviously do that your blog works but do threads do threads on

1727
01:53:20,400 --> 01:53:28,000
topics that are in interest to you do this on you know the chat bots are great because that's

1728
01:53:28,000 --> 01:53:33,920
newly generated information synthetic you take that you put it on threads and if humans start to

1729
01:53:33,920 --> 01:53:39,440
to comment on it and engage with it now you synthetic with human data that makes

1730
01:53:39,440 --> 01:53:46,280
it even that much more valuable use Leo linker if it's working for you I've

1731
01:53:46,280 --> 01:53:52,260
started on my transcripts running them through Leo linker on my shorts I just

1732
01:53:52,260 --> 01:54:00,140
started that today adds a little bit of context and the more we put in then we

1733
01:54:00,140 --> 01:54:06,560
get the next phase of when this rolls out then we could start utilizing that

1734
01:54:06,560 --> 01:54:13,160
and we could start pushing and saying okay now instead of doing all of all

1735
01:54:13,160 --> 01:54:23,600
these chats on ChatGPT do it only because that gets fed back in and with

1736
01:54:23,600 --> 01:54:27,440
so many people from different countries different likes different interests I

1737
01:54:27,440 --> 01:54:29,660
mean I focus on technology

1738
01:54:30,140 --> 01:54:34,040
somebody else can focus on history somebody else can focus on geography

1739
01:54:34,040 --> 01:54:41,000
somebody else can focus on whatever interests them I mean it's amazing how

1740
01:54:41,000 --> 01:54:45,080
where you have all these crypto people yet we don't seem to have it many crypto

1741
01:54:45,080 --> 01:54:49,260
shorts how come people aren't making shorts about crypto seems that people

1742
01:54:49,260 --> 01:54:54,980
want to talk about crypto but they're not even making shorts about crypto how

1743
01:54:54,980 --> 01:54:58,620
come there's not a Threadcast for crypto

1744
01:55:00,140 --> 01:55:05,960
I mean you know the AMA I I lose my because they can't help but to talk about

1745
01:55:05,960 --> 01:55:08,720
the crypto markets we don't have a trick that's about crypto

1746
01:55:11,240 --> 01:55:14,600
how about a new strike cast Lucille puts it up once in a while

1747
01:55:20,660 --> 01:55:23,000
I mean it's a way for people to find information

1748
01:55:24,380 --> 01:55:26,840
and it's a way for people to go in and fill the database

1749
01:55:28,700 --> 01:55:30,080
there's plenty of news articles

1750
01:55:30,080 --> 01:55:35,440
out there about crypto you could start to post some of those news articles in the crypto Threadcast

1751
01:55:36,640 --> 01:55:39,840
you know coyote correlation sets up one for sports

1752
01:55:43,440 --> 01:55:52,240
well these are just little things to add more data at the end of the day the way things are going

1753
01:55:52,240 --> 01:55:58,400
those exponential charts that morty put up go find out go read some of the here I think I got it

1754
01:56:00,480 --> 01:56:04,640
I'll drop this link because I got tab open because I didn't finish reading the article

1755
01:56:07,360 --> 01:56:10,880
you want to have some fun here's some of the pace of

1756
01:56:10,880 --> 01:56:15,440
ai go read through that article that I just dropped in the Threadcast

1757
01:56:18,480 --> 01:56:23,680
that'll show you how fast things are going and what the exponentials are it's enormous it goes

1758
01:56:23,680 --> 01:56:28,480
through only the the frontier models it goes through compute it goes through data it goes

1759
01:56:28,480 --> 01:56:29,840
through all the paces

1760
01:56:30,080 --> 01:56:38,000
that that stuff that's why jensen wong said jensen wong said this and then I'll then we'll sign off

1761
01:56:38,960 --> 01:56:45,280
moore's law which most people are familiar with in a decade that creates about a hundred percent

1762
01:56:45,280 --> 01:56:51,520
a hundred x impact hundred times the impact at the end of the decade from the beginning

1763
01:56:53,600 --> 01:56:56,640
he says ai is moore's law squared

1764
01:56:57,920 --> 01:56:59,920
one hundred thousand

1765
01:57:00,080 --> 01:57:09,280
x in his opinion he said a hundred thousand x is the pace in a decade and if you look at there's

1766
01:57:09,280 --> 01:57:18,080
a chart that they created of the the the power per compute and was like an 86 000 x improvement

1767
01:57:18,080 --> 01:57:23,280
in like eight years on video chips and that's just one one area

1768
01:57:25,600 --> 01:57:30,000
how many tokens are you creating let's create more tokens and then when we have

1769
01:57:30,480 --> 01:57:37,600
the ability to process these tokens whenever LEO rolls out then we do that

1770
01:57:39,040 --> 01:57:45,920
brando starting from now my mission is to bring crypto talk back to LEO and LEO more charts and

1771
01:57:45,920 --> 01:57:54,320
greener candles fellow djns join me let's push crypto back to the trending page well you can do

1772
01:57:54,320 --> 01:57:55,520
that

1773
01:57:55,520 --> 01:58:00,860
I thread Threadcast for two reasons show up on my profile and for once currently

1774
01:58:00,860 --> 01:58:04,880
running show up on latest feed for people to jump in to them well again

1775
01:58:04,880 --> 01:58:10,100
they're already at the top and once a while if you're sending it through it's

1776
01:58:10,100 --> 01:58:17,720
fine but you know the idea that I'm just going to grow and I'll forward every

1777
01:58:17,720 --> 01:58:27,740
Threadcast there again think about what you're doing play with the

1778
01:58:27,740 --> 01:58:32,240
tokenizer if you if you don't I've dropped the link to number of times I'm

1779
01:58:32,240 --> 01:58:39,220
not going to pull it up it's just just type in open AI tokenizer and it'll

1780
01:58:39,220 --> 01:58:44,360
bring it up and take your your threads take your articles drop them in there I

1781
01:58:44,360 --> 01:58:47,600
showed you what it looks like

1782
01:58:47,600 --> 01:58:47,700
you

1783
01:58:47,720 --> 01:58:51,200
just drop it in there it'll figure it out it'll calculate it and you'll get a

1784
01:58:51,200 --> 01:58:55,040
feeling and sit there and say okay I want to do five thousand tokens a day

1785
01:58:55,040 --> 01:58:58,480
and you don't have to get an exact figure but you get a feel for it you

1786
01:58:58,480 --> 01:59:06,520
know if you do if I do ten ten ten videos with transcripts ten shorts I

1787
01:59:06,520 --> 01:59:12,840
know I'm gonna be around twelve hundred tokens give or take you had in my my

1788
01:59:12,840 --> 01:59:17,600
blog posts I know a little bit about where I'm at then you know certain

1789
01:59:17,600 --> 01:59:24,860
threads I know now I can't tell you whether I did fifteen thousand yesterday

1790
01:59:24,860 --> 01:59:31,600
or thirteen thousand I have no idea or eight thousand but you have an idea and

1791
01:59:31,600 --> 01:59:39,360
it all feeds in so with that we will be back again next week just keep adding

1792
01:59:39,360 --> 01:59:47,480
tokens keep adding it up it is going to grow this is cumulative and I don't

1793
01:59:47,480 --> 01:59:49,940
want to leave any information behind that I will be back back block it I will

1794
01:59:49,940 --> 01:59:53,540
see you guys next week be well and keep it untinated

1795
01:59:53,540 --> 01:59:57,500
but have some potemate come in and I will see you guys next week

1796
01:59:57,500 --> 01:59:59,060
it'll be right back

1797
01:59:59,060 --> 02:00:00,380
bye

1798
02:00:00,380 --> 02:00:00,880
page

1799
02:00:00,880 --> 02:00:02,180
I'm losing a project

1800
02:00:02,180 --> 02:00:13,620
were our

1801
02:00:13,620 --> 02:00:16,480
way

1802
02:00:16,480 --> 02:00:16,980
done

1803
02:00:16,980 --> 02:00:17,360
bye

1804
02:00:17,360 --> 02:00:17,380
bye

1805
02:00:17,380 --> 02:00:17,460
bye

1806
02:00:17,460 --> 02:00:25,740
the New York Yankees whatever it is when the recommend engines come out you may

1807
02:00:25,740 --> 02:00:32,400
find yourself getting more page views and that will help you with the ad

1808
02:00:32,400 --> 02:00:40,740
revenue so with that we will lock this one up another one in the book and I'm

1809
02:00:40,740 --> 02:00:51,560
sure Mightpossibly will have the transcript up pretty shortly so have a

1810
02:00:51,560 --> 02:00:53,900
good one