0:03 All right, guys. Welcome my friends. The
0:06 time has come and another community call
0:09 is among us. This time I'm joined by
0:11 more of my friends from the team. We
0:14 have Yago, our co-founder. Um, we have
0:16 Hillary, our CCO and co-founder. And
0:19 then we have Gotti, who's also our CTO
0:21 and co-founder as well. Um, I am
0:23 actually waiting for him to join the
0:26 space. Um
0:29 uh so the purpose of today's call is uh
0:30 obviously to highlight some of the
0:32 incredible breakthroughs that we've been
0:34 having, talk about the boss token, and
0:38 then we will dive deep into ZKBTC
0:40 programmable bitcoin as well as our
0:42 updated road map which is the book of
0:47 boss. Um before we dive into the purpose
0:50 of today's community call, however,
0:52 we've invited Andrew. Um, as you guys
0:55 know, he is the co-founder of Charms to
0:57 come on and address some of the recent
0:59 issues that you guys have been facing
1:02 with the Charms Bro memecoin. Andrew,
1:04 how are you, my friend? Um, hopefully
1:05 you're doing all well. We'd love to hear
1:07 from you.
1:10 >> What's up, aliens? I'm doing great. Uh
1:13 it's been 3 days since the uh bro
1:15 memecoin went live and it's been the
1:18 first chance for a lot of you to uh try
1:20 out the charms protocol which you guys
1:22 have been excited about for a while now.
1:24 So um I've been really excited. Uh
1:26 there's been a lot of interest and I
1:27 really thank all of you for being so
1:29 interested in trying out the protocol,
1:30 you know, mining yourself some bro. It's
1:32 been it's been really exciting and
1:34 awesome. Now, that being said, I wanted
1:36 to just uh put out a message to all of
1:38 you uh this morning, just to make sure
1:41 that you're all aware that we discovered
1:45 a bug within the Charms wallet this
1:47 morning. So, uh just to be clear, this
1:49 isn't a problem with like the broader
1:50 charms protocol or anything, nor with
1:53 the broader boss system, but it's fully
1:55 on the Charms team and it just has to do
1:59 with the Charms uh wallet software. So,
2:03 um, I discovered this morning that some
2:05 people, particularly those who have sent
2:09 BTC out of the Charms wallet, may have
2:12 accidentally destroyed some of their bro
2:13 or even most of their bro in the
2:17 process. Um, now, if you haven't sent
2:20 any BTC out of the wallet, your funds
2:22 are completely safe. Your bro is safe.
2:24 Um, I don't believe this has applied to
2:26 most people either from from who I've
2:28 spoken to about it so far, but it did
2:31 affect me. Uh, and I ended up losing
2:33 most of my bro in the process. So, I'm
2:35 going to tell you guys how I ended up
2:38 doing that. Uh, so that you can be aware
2:40 and also so I can tell you like how
2:42 we're preventing you guys from running
2:44 into the same mistake. So we discovered
2:48 that within some of our updates
2:51 uh the wallet as particularly as we were
2:53 like switching back and forth between um
2:55 some of our node providers in these um
2:58 early stages. Uh,
3:00 one of the wallet updates ended up
3:03 reverting back to a version that allows
3:06 you to spend UTXOs at your Bitcoin
3:09 address that are actually
3:11 associated with your bro tokens or they
3:13 hold bro tokens inside of them, the bro
3:16 that you've minted. And Charm's wallet
3:17 is supposed to be designed so that it
3:19 doesn't let you do that. so that if you
3:21 send BTC out of the wallet, it only
3:24 affects BTC in your wallet sitting at uh
3:26 transaction outputs that are meant to
3:29 hold BTC and aren't holding any charms.
3:31 But um we ended up reverting to a
3:33 version of Lot that wasn't like that. Um
3:37 I sent uh some BTC back to myself within
3:40 the charms wallet to like um consolidate
3:42 some funds just to like clean up my
3:44 wallet a little bit. But then what ended
3:47 up happening was it gobbled up um all of
3:51 the uh bro UTXOs that I had minted up
3:54 until that point. So uh when I came back
3:56 to it, I had only discovered it a little
3:58 bit later when I went and uh revisited
4:00 my address on a blockchain explorer and
4:02 I discovered that all of my 1000 sat
4:05 UTXOs were gone. And then I tried reimp
4:07 importing my charms wallet into uh
4:10 another device and I confirmed that oh
4:12 uh my bro balance on the original device
4:14 it wasn't displaying correctly on the
4:15 new device it was displaying correctly
4:18 and like most of my bro were now gone
4:21 when this occurred. So that stinks for
4:25 me but uh my first concern was to which
4:27 of you this might have affected. So, I I
4:30 let you guys know on the Discord and um
4:32 uh I discovered that most of you haven't
4:34 encountered this problem, but some of
4:35 you did. Some of you discovered that you
4:37 couldn't find any of your UTXO. Some of
4:40 you were talking about it, um uh
4:41 yesterday, like kind of like late
4:43 evening that you'd encountered this. And
4:46 so, uh I spoke to a couple of you and
4:48 this was indeed the issue. This was the
4:49 thing that like had caused you to like
4:52 lose your burrow belt. So, um, for those
4:56 of you who encounter that issue, um, you
4:59 can feel free to DM me on Twitter or
5:00 Discord and I will fully refund you in
5:05 BTC for any of the UTXOs, bro minting
5:07 UTXOs that you ended up losing. So,
5:10 that's I have you fully covered on that,
5:13 fully um, on Charmsing for letting that
5:15 happen. um we've discovered the issue
5:17 and as a precaution just within the
5:19 charms wallet we've grayed out we've
5:22 disabled the sending button so that you
5:23 can't run into that issue again and
5:26 we'll reenable it frankly quite soon
5:28 once the issue has been resolved in the
5:31 background um from now on also when you
5:33 send BTC out of the charms wallet you'll
5:37 be able to view exactly what UTXOs are
5:40 um being sent in that transaction
5:43 through a little drop-own window so Um
5:45 the the wallet is designed now it will
5:47 be designed so that it doesn't default
5:50 to your bro UTXOs, but you'll be able to
5:51 verify that yourself before you send the
5:53 transaction as well. So if there's any
5:56 1,00 SAT UTXO being sent, you know that
5:58 uh that would would be dangerous, but
6:00 that shouldn't be an issue after this.
6:01 So um yeah, I just wanted to clarify
6:06 that. Um any again any of you who uh m
6:08 fear they may have lost bro in this
6:11 manner I recommend you go to your UTXOs
6:14 tab in the charms wallet or you check
6:17 out your um bro minting address on a
6:20 blockchain explorer like meool.space
6:23 and view your UTXOs and make sure that
6:27 you still have one 1,000 sat UTXO for
6:29 every time that you've minted Burough.
6:32 If you don't have that uh and instead
6:34 you notice that like all of those UTXOs
6:36 have been consumed particularly in a BTC
6:39 sending transaction then your bro may
6:41 have been destroyed you you contact me
6:43 and I'll refund you for all of that. So
6:46 again um that doesn't apply to most
6:47 people. Most of you haven't been sending
6:49 BTC out of the wallet. So if you have
6:51 done that if you haven't sent any BTC
6:54 you're bro uh this is only a charms wall
6:56 issue and it does not reflect anything
6:57 on the broader charms protocol or the
6:58 ball system.
7:01 So, uh, with that being said, uh, thank
7:03 you for all to all of you again who are
7:05 participating in this really early.
7:06 Like, we appreciate that you're
7:08 enthusiastic to go and like play with
7:10 the first charm at this stage. Uh, we're
7:12 not perfect. We're going to run into
7:14 some problems like this, but um, uh, we
7:16 really appreciate um, your patience in
7:18 all this and most of you have been very
7:21 patient and um, uh, uh, charitable with
7:24 us during this process. So, uh, thanks a
7:27 lot and, uh, happy mining and, uh, DM me
7:29 if you have any problems.
7:31 >> Thank you so much, Andrew. I appreciate
7:32 that. I know the community's been having
7:35 an extremely fun time, uh, mining. I
7:37 know I have. It's been my first like
7:40 mining experience. So, um, but you you
7:43 guys heard that. Um just to recclarify
7:46 so everybody's clear on this point um
7:48 any issues that's happening with bro
7:50 itself is not a reflection of what's
7:52 happening um within the charms protocol
7:55 nor is it a reflection of the boss
7:57 protocol itself either um again there is
8:00 no correlation between the actual bro
8:02 memecoin and the boss protocol. So I
8:05 just wanted to highlight that. Um, but
8:06 again, Andrew, thank you so much. And
8:08 you know, like he said, if there are any
8:09 issues that you guys are having, if you
8:11 do uh if you did notice that you are
8:14 missing your bro, please DM Andrew. Um,
8:17 he is also known as the solution on
8:20 Discord and he is offering a solution to
8:25 you guys. So, um, yeah, from there, um,
8:30 let's move on to the intros, my friends.
8:31 Um, Andrew, feel free to drop my friend
8:33 if I know you're you're super busy with
8:34 like some of the bug bugs and stuff
8:38 taking place. So, um, yeah. Anyways, um,
8:42 before we get into what's that?
8:45 Okay. Uh, before we get into the main
8:49 discussion, let me quickly introduce you
8:52 to you all to the amazing people that
8:54 you will be hearing from today. Um,
8:57 first we have Derek Matterder, also
9:00 known as Gotti. He is our CTO and
9:03 co-founder. He is the one who is leading
9:05 the technical breakthroughs that's
9:09 making CKBTC and the Grail possible. Um
9:11 Gotti, please introduce yourself, your
9:13 role at Boss, and we'd love to hear a
9:15 little bit more of your background in
9:16 crypto and tech.
9:19 >> Hi guys. Um you can hear me, right?
9:21 >> Yes, my friend, we can hear you.
9:24 >> Excellent. Okay. So, I'm I'm acting as
9:29 CTO in Bitcoin OS. Um, it's my privilege
9:32 to be the engineer who's responsible for
9:35 the technology. I think it's a hugely
9:39 interesting and challenging role. My um
9:43 my background is in cryptography. Um I
9:45 started I came from military
9:48 intelligence in the 90s and have been
9:49 working in various cryptographic
9:52 projects since then.
9:57 Um, and I think that um um blockchain is
9:59 uh the opportunity to put all of that to
10:01 good use.
10:04 It's probably the most interesting thing
10:06 that happened in the field in the last
10:08 30 years.
10:11 Um, and that's it.
10:15 >> Amazing. Thank you. Um, and uh I know
10:17 Shear was was talking about that you
10:19 have like a husky. Is that your husky uh
10:21 barking in the background? He's a golden retriever.
10:22 retriever.
10:24 >> He's a golden. I got you. We'd love to
10:26 We'd love to see pictures of him.
10:27 >> Oh, okay.
10:30 >> Yeah, we'd love that. Um, but all right,
10:33 let's move on to our next team member
10:36 here. We've got Hillary, who is the
10:39 co-founder of Boss and CCO. Um, she's
10:42 been at the center of driving this
10:44 vision from the very beginning. Hillary,
10:46 please introduce yourself, your position
10:49 at boss, and also give us a short
10:52 history of your crypto journey.
10:55 >> Thanks, uh, Alien. Um, okay. Uh, first
10:56 of all, Gads, I had no idea you had a
10:58 golden retriever. We I guess we're a
11:00 golden retriever team. Um, that just
11:02 made me love you even more. And I don't
11:03 know why I didn't know you had a golden
11:05 retriever considering I've known you for
11:09 quite a while now. Um, as as Gads
11:11 mentioned, he's he's the big brains
11:12 behind the operation. and I'm just
11:15 floating on his coattails. Um, I get the
11:18 the the luxury and the privilege to kind
11:21 of lead our our commercial efforts. Um,
11:25 and so I oversee our our marketing team.
11:28 Um, and the department head there. Uh, I
11:31 oversee Claire as head of community. Um,
11:36 I oversee our BD team. Um, and Calvin
11:38 who's our head of ecosystem as well as
11:41 uh some elements of of Devril. Although
11:43 Gads also shares that responsibility
11:47 with me. Um I've been a marketer for a
11:51 long time. Um I
11:54 got a utterly useless but nonetheless
11:57 lovely degree in poetry. Uh I that's
12:00 where I did my MFA here in New York at
12:03 the New School. Um I can't say it's you
12:05 know done much for me in life. I'm not a
12:08 published poet in the last, you know,
12:10 10, 15 years, but ma made me good at
12:12 narratives, I suppose. I'm a good
12:15 writer. Um, I see the world in a a
12:19 little bit of a more artistic lens. Um,
12:20 up to you if you think that's artistic
12:23 or autistic, to be determined. Um,
12:26 anyway, uh, started off my career in
12:30 cannabis, uh, as a as a CMO. um when I
12:33 when I finally got into got got off the
12:36 park bench being a poet um and did web
12:39 two for you know a couple years and then
12:42 I I really got into
12:45 uh crypto because a friend of mine had
12:49 me help with uh an early
12:53 blockchain media outlet called Blockler.
12:56 Um and that was like 2015.
12:57 But I really really didn't get involved
13:00 in crypto until around 2017 which is
13:04 when I think a lot of the wave 2 uh
13:07 executives and wave wave 2 members of
13:09 the crypto larger crypto ecosystem got
13:11 involved and probably that's because of
13:14 the ICO boom and ICO era. Um the first
13:16 project I was at was a project called
13:19 topple. Um, I was really interested in
13:21 it because what they were doing at the
13:23 time was really using the block train
13:27 blockchain to trace, track and trace uh,
13:30 physical assets, uh, wine, the
13:32 temperature of wine, making sure that
13:34 wine stayed at that temperature. Um, you
13:35 know, it was like when you send a bottle
13:38 of Bordeaux from France to, uh, New
13:40 York, if that wine dips below a certain
13:42 temperature, the value of that wine has
13:44 completely disappeared. And I found that
13:46 to be an actual use case. Uh that was
13:48 interesting. We were just a little too
13:50 early and nobody cared. Um we also like
13:52 tracked COVID test kits to make sure
13:54 that they stayed a temperature etc etc.
13:56 Um one of the coolest things we did and
13:59 what made me continue to stay in crypto
14:01 was that we had developed uh a system by
14:03 which you could track and trace coffee
14:06 beans uh and chocolate. So, we had
14:09 worked with uh uh Tony Chocolone out of
14:11 uh the Netherlands, and you could scan
14:13 the QR code on a on a bar of chocolate
14:15 uh and you could see all the way back to
14:17 the farmer who had created that
14:18 chocolate, and then you could tip that
14:23 farmer uh through uh crypto. Um and so
14:25 for me, I said, "Okay, wow, this is
14:26 amazing technology. It really
14:29 democratizes finance uh when when it
14:32 comes to consumer product goods um to
14:34 the to the to the point where you could
14:36 even go so far back into the supply
14:38 chain as to the original farmer who has
14:40 ultimately the most underpaid but has
14:42 done the most work. That's what kept me
14:45 here. Um, what pushed me into Bitcoin
14:48 was that in 2022
14:51 or 20, yeah, 20, no, 2023, I think
14:54 Bitcoin was like the summer, Bitcoin or
14:55 the summer of 2023, Bitcoin was hovering
14:59 around like 17 19K. Um, I went to go get
15:02 a mortgage and the mortgage lender said,
15:05 "Okay, you know what? Convert all this
15:08 crypto that you have on your balance
15:13 into into cash. sit hold it for 6 months
15:15 in cash and then come back to us and and
15:16 we'll approve your mortgage. And I
15:18 basically said, "Fuck you. I'm not doing
15:20 that." So, I still don't have a mortgage
15:23 to this day. Um, I wanted to make sure
15:24 it was the best decision I made to be
15:27 honest. And I wanted to make sure that
15:29 uh I was one of the participants uh
15:32 actively working to make make it so that
15:34 people could put their BTC to work and
15:36 use it in functional ways. Um, I'll say
15:41 that's me. Um I uh met Yago and and Gods
15:44 um about 2 years ago now and
15:47 uh it's been a really great journey with
15:50 the two of them. Um so thank you for
15:52 having me on and I'm sorry this is
15:53 really the first time you're hearing
15:55 from me. I uh tend to stay in the
15:59 background uh with my with my role but
16:02 um I uh I'll I'll be here more often
16:04 from now on. [Applause]
16:06 [Applause]
16:10 >> Wow. Amazing. Hold on. So, had no idea
16:13 that you had uh a degree in poetry. We
16:15 learned about your cannabis uh
16:17 experience. Incredible. Would love to
16:19 hear more about that later on. And then
16:23 we had a little uh lesson about wine and
16:26 import export and coffee beans. That's
16:29 incredible. Um really appreciated that
16:30 like level of transparency. It really
16:35 set a nice solid tone here. Um, finally
16:39 guys, um, we have Yago. Most of you guys
16:40 have already met him, but we are
16:42 reintroducing Yago because I know that
16:43 we have a lot of, uh, new community
16:46 members here. He is the co-founder of
16:48 Boss. He is an amazing storyteller, as
16:52 you all know. He is our fellow Gigabrain
16:55 and extremely passionate Bitcoin maxi in
16:58 the most positive of ways. Yago, please
16:59 introduce yourself, my friend, your role
17:02 at Boss, and share a little bit more
17:04 about your journey and history in the space.
17:06 space.
17:09 >> Thanks, Alien. And hi, everyone. Um,
17:11 it's great to be on uh on a call with
17:15 you guys again. Um, and there's super
17:17 exciting things happening. So, I think,
17:19 um, I'm going to need to be on these
17:21 calls more frequently from now on
17:22 because things are starting to move
17:25 very, very quickly. So, just a a quick
17:28 um background on myself. Um I kind of
17:32 fell into Bitcoin uh by mistake. Uh 14
17:34 years ago I was working at Carnegie
17:37 Milan University on um AI and machine
17:38 learning sort of in its very very early
17:40 and primitive days and I read the wrong
17:43 white paper by mistake and it blew my
17:48 mind and um I I read a paper which
17:50 described the solution to two not just
17:52 one but two crucial problems that I'd
17:54 been thinking about a lot. One was the
17:56 fact that there were no property rights
17:58 in the digital world, no property rights
17:59 in the internet and as a result no
18:02 economy uh that had been developed by
18:04 this most phenomenal technology and and
18:06 and and people sort of didn't own
18:09 anything. Only the the the owners of the
18:11 platforms owned everything uh which was
18:13 something I'd been very concerned about
18:15 at the time. And then the second thing
18:20 is that um even back then I was very
18:21 worried about where the world was going.
18:26 I saw that um not just one but all of
18:29 the countries of the world were on the
18:32 same track and they and I couldn't
18:33 identify any way that they would get off
18:36 that track and that track was increased
18:39 debt uh more and more demands by
18:41 politicians and the people who vote for
18:45 them um to continuously increase that
18:49 debt and um a a coming debt and fiat
18:52 crisis um And so I I was expecting
18:56 inflation and and indeed I think um I
18:58 back in the day I thought it would
19:00 happen more quickly but but but
19:02 the the the the things that I was
19:05 worried about then are happening now.
19:08 And so I read the Bitcoin paper and it
19:10 described a solution for both of those
19:12 things. Both a system which created
19:14 digital property rights and the ability
19:16 for anyone anywhere in the world to
19:18 transact with anyone else in the world
19:21 in a real
19:23 in real economic transactions. Uh
19:28 creating um contracts uh uh which u um
19:31 didn't require a a intermediary in the
19:34 middle in order to enforce
19:37 and at the same time the creation of a new
19:38 new
19:41 um uncensorable and non-inflatable
19:44 asset. And uh so I I wrote an email to
19:47 everyone um that I knew. basically it
19:50 was a send all to everyone that they
19:53 have to pay attention to Bitcoin. Um
19:56 mostly it was ignored. Um but at least
19:57 one of the people who got that email is
20:01 actually working with Boss today and um
20:03 for the last 14 years across multiple
20:05 different projects and having worked
20:07 with some of the exchanges having
20:08 started one of the first remittance
20:09 companies in the space and having built
20:13 in the space um for for 14 years
20:16 including um help helping to build
20:18 sovereign into the the pioneering
20:23 project of of Bitcoin DeFi. Um, I'm now
20:25 in a phenomenally exciting place, which is
20:27 is
20:30 this this vision that I've been um
20:32 entranced by and the and and sort of
20:36 what I've seen as my personal stake in
20:39 in trying to make the world of the kind
20:40 of place that I would more want to live
20:43 in and I would want for my children. the
20:46 ability to to take Bitcoin and turn it
20:50 into a system which can be a
20:52 generalizable ledger for all of the
20:53 property rights of the world, a generalizable
20:55 generalizable
20:57 settlement mechanism that everyone in
21:00 the world can trust and a system through
21:01 which we can connect all of the
21:05 disperate uh fragmented pieces not just
21:07 of the crypto ecosystem with all of its
21:09 chains that right now don't talk to each
21:12 other, but also other pieces of of the
21:13 world like Treadfire
21:16 with DeFi. We we need a we need sort of
21:19 a nexus of trust that can connect all of
21:24 this. And I think for many years the
21:27 myself and the people um who are
21:30 building on boss identified that there's
21:33 really one key piece of the puzzle that
21:35 is missing to make all of that happen
21:36 and that is the ability to bring
21:39 programmability to Bitcoin
21:43 and um and we are now on the very
21:46 precipice of not only have we already
21:48 demonstrated all of this on mainet but
21:51 we're on the precipice of bringing it
21:53 into production in a way that can be
21:55 absorbed by mainstream developers,
21:58 mainstream users, mainstream traditional
22:01 financial institutions and DeFi. So,
22:04 extremely exciting times and um Ellen, I
22:06 I hand back to you, but uh I I'd be if
22:08 you if you want, I'd be very interested
22:11 to talk about why I'm so particularly
22:13 excited right now.
22:15 >> Absolutely. I mean, I was I was about to
22:17 get into that. Obviously, you know, I I
22:19 wanted to obvious take a moment to
22:20 acknowledge like some of the incredible
22:22 progress we've made. Um, you know,
22:24 looking at the bigger picture of what
22:26 we're about to capture, it really
22:29 showcases how far we've come and how how
22:30 much bigger this is than any of us ever
22:32 imagined, right? So, please dive into
22:34 it. Take the lead here. The mic is all yours.
22:35 yours.
22:37 >> Great. So, I you know, a lot of you have
22:40 been following this um for months now.
22:43 um perhaps as much as uh almost a year.
22:47 Um and over the last year we've continuously
22:49 continuously
22:52 um put out pieces of the puzzle, pieces
22:56 of the system. Um but over the last six
23:00 weeks, we are in a bit of a phase change
23:02 and you guys may have seen this in some
23:06 of the the most recent announcements. So effectively
23:09 effectively
23:11 almost all of the components of Boss are
23:13 not just being have not just been
23:17 demonstrated but are actually being used
23:19 in one way or another in their early
23:24 phases um as mainet systems. In other
23:28 words, the boss system um in terms of
23:31 its core functionality already exists
23:33 and that has really come together over
23:36 the last few weeks. Now, um I we
23:38 shouldn't get ahead of ourselves. Um we
23:41 haven't announced a um you know stable
23:44 initial release. We haven't announced a production
23:46 production
23:49 uh sort of v1.0
23:54 um because there's a um there's a gap
23:57 between having the working system having
23:58 it you know all of the plumbing in place
24:01 and sort of having the system being
24:02 movein ready. It's like the difference
24:06 between having the house built uh and
24:08 all the wiring and the plumbing in place
24:10 um and the difference between that and
24:14 having you know the house painted um the
24:17 furniture uh uh uh in place and and and
24:19 and the house actually being movein
24:23 ready. But in terms of the basic uh
24:27 house it's built. Um,
24:29 and so we're getting very very close now
24:33 to being able to, you know, we're we're
24:35 in the the the final stages of putting
24:39 together the pieces which allow for the
24:44 first true version of um programmable
24:46 Bitcoin capable of integrating with
24:49 other systems where Litecoin and Cardano
24:51 are going to be the first um clear
24:54 examples um and the first system which
24:56 allows roll-ups to Bitcoin. All of these
24:59 pieces are in place.
25:03 Um and you can see this I think the most
25:06 dramatic example of this is
25:10 um we uh introduced
25:14 a institutionalgrade version of the
25:18 Grail system um called Grail Pro just a
25:21 few weeks ago and we did this in sort of
25:23 the doldrums of August when people are
25:25 mostly not paying attention but this is
25:30 a system designed from the ground up to
25:34 be able to integrate directly into
25:37 um the existing systems of custodians
25:41 and institutions who today hold some 6
25:51 six uh 600 no 1.2 two trillion dollars
25:56 in in BTC actually um and integrate with
25:58 their existing systems
26:02 um and allow those systems to uh allow
26:04 those institutions to begin to utilize
26:08 their BTC
26:11 without it ever leaving their custody
26:15 um as collateral as yield and at the
26:18 same time will soon also allow them to
26:21 begin to utilize charms for the issuance of
26:22 of
26:25 um institutional
26:28 uh products and institutional assets.
26:32 Truly turning Bitcoin into a platform
26:36 which can um support and act as a ledger
26:38 for all of the world's traditional assets.
26:41 assets.
26:47 Um not only that but um we've introduced
26:50 so the first BTC small amount right now
26:52 only around 90 BTC we we kept it at 90
26:54 BTC and that was taken up immediately
26:58 but the first 90 BTC or around
27:02 um uh uh uh
27:07 uh $10 million um at the time um has
27:09 flowed into the system from these
27:12 institutions in the form of ZKBTC. So
27:16 we've issued the first programmable BTC
27:18 on the Bitcoin network. Um so we
27:21 actually for the first time have BTC
27:24 which is fully programmable on Bitcoin
27:27 and which soon um is going to be
27:30 portable um without the need for
27:34 traditional bridging to other chains.
27:38 And we also have well over a billion
27:40 dollars in this type of institutional
27:44 BTC which has already signed up to gain
27:47 access to the system as we increase the
27:49 limits on how much BTC we're allowing
27:51 into the system. And so as we build
27:54 confidence um with the security and the
27:56 productization of this system, we're
27:59 going to be dramatically increasing
28:02 those limits, allowing first tens and
28:04 then hundreds and then ultimately
28:06 billions of dollars to flow into the system.
28:08 system.
28:12 At the same time, um
28:16 we have um started to see the first uses
28:18 um and the first projects, Charms, Inc.
28:22 being a a a a a clear example of uh
28:25 projects that are building out new types
28:27 of feature sets, functionality and and
28:31 tokens on the Bitcoin network. And we
28:34 are making significant progress on the integrations
28:36 integrations
28:38 um both with Bitcoin roll-ups and with
28:41 significant chains like Litecoin and
28:44 Cardano. So the vision is coming very
28:47 very clear uh clearly into focus right
28:51 now. And I know that um
28:55 not only are uh is is the project
28:56 technology important but also sort of
28:58 the asset and the financial viability of
29:02 the project um and and it's and your
29:05 ability to use it. And so one of the
29:06 other exciting things that is happening
29:10 right now is that most of the final
29:13 components and agreements um that are
29:16 necessary for the token to be launched
29:19 and begin trading on exchanges across
29:22 the world are in place. It's mostly an
29:28 issue of scheduling and some final um um
29:30 uh details that need to be worked out
29:35 but um TGE is also um very clearly in
29:40 view and will be uh um uh just around
29:44 the corner. And so, you know, August is
29:47 usually the month uh uh you know, the
29:49 summer month in which nothing happens.
29:51 But for us, it has been an extremely
29:54 exciting period. And for me personally,
29:57 um, it is
30:04 consumation of what for me has been for
30:05 14 years what I've been working towards
30:08 and and a dream that I have of of what
30:12 what Bitcoin and crypto can truly be um
30:14 is finally becoming a reality. And so
30:16 I'm I'm
30:19 um more hyped than I've been. I I I
30:27 [Applause]
30:30 How exciting, guys. How exciting. I know
30:32 the community is probably ecstatic right
30:34 now because they've been so excited to
30:37 hear um about Boss directly from you
30:39 all. Um you know, and you guys have been
30:41 building in the background. So, it's
30:42 nice to get you guys on the space here
30:45 and then. Um, you know, I'm sure I'm
30:47 sure I've I've just been kind of like
30:49 sounding like a just like robotic as of
30:51 like the last couple community calls cuz
30:53 I just keep repeating myself. So, thank
30:56 you so much, Yago. That is so exciting.
30:59 And, you know, I really genuinely think
31:02 that this is turning out to be so much
31:03 larger, so much bigger than we could
31:06 have possibly ever imagined, guys. So
31:08 very excited for what's to come and very
31:10 excited to finally put an end to
31:13 fragmentation and see the unification of
31:16 the cryptocurrency ecosystem. Um with
31:18 that um Yago you did mention a little
31:21 bit about TGE. Did you want to share any
31:23 more thoughts there or should we move on
31:24 to the
31:26 >> I can say look I mean there's very as as
31:28 I'm sure anyone who's been in crypto for
31:31 more than a few days knows um we can't
31:34 really talk about this um we want this
31:40 to be a um a broad and successful um uh
31:43 event which allows for multiple for
31:44 basically anyone in the world to gain
31:46 access and part of that story is also
31:50 working with um global exchanges ES
31:53 including centralized exchanges. And so
32:00 um we are not uh able uh to speak until
32:01 you know they they have very strict
32:04 rules around um they they get to make
32:07 the announcements and only happens uh
32:10 sometimes a few hours and sometimes a
32:12 day um before. Uh some of the exchanges
32:16 will do three days before. Um so uh we
32:19 won't be able to actually announce any
32:22 uh any time beyond that but um much of
32:25 this work is already behind us and we
32:28 are now in the phase of of finalizing
32:31 scheduling and um um so don't expect it
32:33 to happen tomorrow or the or next week
32:35 or I mean we're still weeks away. I want
32:38 to to be clear on that and we won't be
32:40 able to say exactly when it is happening
32:43 but most of there's been a huge amount
32:45 of work on the part of the team
32:47 fantastic work on the part of of of the
32:50 boss team Hillary's team and the BD team
32:54 and and a huge amount of um excitement
32:56 from the exchanges and a lot of that is
32:59 due to you guys in the community um the
33:00 amount of interest and the amount of
33:04 activity that we've been seeing um and
33:07 um and So, uh, we're we're getting ready
33:10 for that as well.
33:12 >> Fantastic. Appreciate the transparency
33:15 there, Yago. It's always very refreshing
33:17 to hear. Um, all right, guys. Like,
33:20 before we dive into the main core focus
33:22 of today's call, which is the updated
33:24 road map, the book of boss, and then
33:26 ZKBTC, the first ever programmable
33:29 Bitcoin. Um, I wanted to share today's
33:31 secret code with you guys, and that is
33:35 9,000. So 9 0000
33:36 there you go. And then I also did want
33:39 to share that today I am doing a kind of
33:41 like a mini giveaway for you guys just
33:43 as a once again a token of our
33:45 appreciation for your attendance for
33:46 being advocates for being loyal
33:48 supporters of us for being so excited
33:52 about boss. So um I will at random
33:55 pick someone from today's call uh to be
33:56 the winner. But you do have to make sure
33:58 that you're following me as well as the
34:00 team. um that's the only way that I'm
34:01 going to be able to reach out to you
34:03 because I I absolutely will not DM you
34:04 first. I'll just tag you in one of our
34:06 posts. So, please do make sure that
34:09 you're following us all and then um I
34:10 will make that announcement once this
34:13 call ends. With that being said, my
34:16 friends, let's dive into ZKBTC
34:18 ZKBTC
34:22 guys. So, for the first time, we are
34:24 making Bitcoin fully programmable.
34:27 Um either Yago or Gotti feel free to you
34:30 know walk us through this. Uh what is
34:33 ZKBTC and why is this such a incredible
34:42 >> Um Gadia if you want jump in and I'm
34:43 happy to join.
34:48 >> Yeah I'm here. So ZKBTC is a charm.
34:52 Charms is an um is a token standard that
34:55 uses the power of zero knowledge proofs
34:58 to add programmability to Bitcoin.
35:01 Um so what we're creating really is a
35:03 world of applications
35:09 and ZKBTC is the doorway to that world.
35:10 That is the way for people who own
35:14 Bitcoin to go into the world of new
35:15 interesting applications and take part
35:17 in it.
35:20 So, Zik BTC is is a charm. As I said,
35:24 it's a charm that is its value is pegged
35:26 to the Bitcoin
35:30 um with exactly 100% collateral. And the
35:34 way we do this is unlike um most stable
35:36 coins in the world that keep the
35:38 collateral in some bank account or in
35:41 some company account
35:44 um ZKBTC is pegged automatically and
35:48 programmatically in such a way that it
35:51 doesn't rely on the goodwill of any person
35:53 person
35:55 um for the collateral to be turned back
35:58 into Bitcoin. Um, in fact, it's um it's
36:00 permissionless in in such a way that if
36:04 Bitcoin OS goes out of business, if we
36:06 go do something else or disappear
36:08 completely, it doesn't change the fact
36:13 that you can still um redeem your your
36:17 Bitcoin back by burning ZKBTC.
36:20 So, it's um it's pegged to the value of
36:22 Bitcoin and that's what allows you to
36:24 take the Bitcoin that you own and walk
36:26 into the world of uh zero knowledge
36:29 proofs and and Zika applications and all
36:34 of that good stuff that we have planned.
36:37 >> I'd like Yes, I'd like to add a little
36:39 bit on in terms of what this actually
36:41 means uh and sort of what are some of
36:43 the applications.
36:47 So to I think one way to understand this
36:51 is to use the analogy because of of of
36:55 Ethereum. So this is um something that
36:59 most people are already familiar with in
37:02 that um when people think of Ethereum
37:05 they think that Ethereum right ETH is
37:08 programmable fully programmable but ETH
37:11 actually isn't fully programmable. For
37:14 ETH to be fully programmable, it needs
37:17 to be wrapped in programmability, it
37:21 needs to be um wrapped effectively in a
37:23 smart contract.
37:27 And um so every time anyone has ever
37:32 used ETH in DeFi on like unis swap or a
37:35 or anything um what they've actually
37:39 been using is what's known as this sort
37:41 of wrapped ETH this programmable ETH called.
37:44 called.
37:47 Um what's
37:50 um so fantastic about the way that WET
37:52 works is that the vast majority of
37:55 people are actually not even consciously
37:58 aware of this. Right? So it's a fully
38:01 it's a completely seamless experience.
38:04 It's a experience which doesn't add new um
38:06 um
38:11 um uh counterparties. It doesn't add new
38:15 uh trust assumptions and it um
38:19 importantly also doesn't add a tax
38:20 event, right? So it's not like you're
38:23 selling out of ETH or handing your ETH
38:25 over to someone or converting ETH to WE.
38:29 Your ETH now becomes programmable ETH or
38:33 WH. And so what ZKBTC represents for the
38:37 first time is the Bitcoin equivalent
38:42 um of WET. And what that means is that
38:44 what we're building is a system which
38:47 can become as seamless, as transparent,
38:50 move into the background um
38:52 um
38:55 um in the same way that WET is a and and
38:57 as a result they it's a it's a it's
39:00 truly the same asset simply being used
39:03 in a in a different way. And also as a
39:05 result and this is uh important to
39:07 anyone who's using these systems as
39:10 opposed to using
39:12 um what what typically has been called
39:14 like WBTC rep BTC it is not a taxable
39:17 event and while a lot of people can
39:19 ignore the potential tax implications of
39:23 using uh WBTC institutions cannot and so
39:25 for institutional use cases having
39:27 something like with having something
39:30 like ZKBTC is incredibly important but
39:32 it's also just as important important
39:34 for the ability to build true DeFi
39:37 applications, the ability to build
39:38 systems which don't have additional
39:41 trust assumptions and the ability and
39:46 this is key to have a truly seamless UI
39:48 and user experience.
39:51 And so,
39:54 um, what we anticipate this does is it
39:57 opens up the door for creating truly seamless,
39:59 seamless,
40:02 um, efficient and secure
40:06 uh, DeFi applications for Bitcoin on the
40:09 Bitcoin network itself. And because
40:13 ZKBTC has um this powerful property of
40:16 being able to be ported via
40:18 cryptographic proofs, right? And the
40:20 user doesn't need to go to a bridge, but
40:22 can perform this action by themselves.
40:25 Can port into other kinds of execution
40:28 environments, can port their BTC to
40:30 Cardano, can port their BTC to Litecoin,
40:33 can port their BTC to Bitcoin roll-ups
40:37 themselves and port back themselves. Um,
40:39 these systems now merge into effectively
40:43 a deeply integrated system where this
40:46 world of Bitcoin DeFi and and and DeFi
40:48 more generally
40:52 can exist in on the Bitcoin blockchain
40:56 as well as the broader crypto ecosystem
40:59 unifying for the first time these these
41:02 ecosystems. So it's really important
41:05 from the perspective of security, from
41:07 the perspective of UI, from the
41:09 perspective of opening up new use cases,
41:11 and from the perspective
41:16 um of uh tying together Bitcoin with all
41:17 of these other systems. It works
41:19 seamlessly with all other types of
41:21 assets that can be issued as charms and
41:24 then later as CNTs
41:27 uh uh or or or or other types of assets.
41:32 And it is um purpose-built to be able to
41:35 work with what is becoming a
41:37 increasingly important part of the
41:40 market which is sort of like Treadfi
41:47 >> Amazing. That was an extremely
41:51 comprehensive overview of of ZKBTC. Very
41:53 exciting. Um, I do want to say that we
41:55 are slightly running short on time and
41:58 we do have quite a few AMA uh, sorry, a
42:00 lot of questions from the community. So,
42:02 we may need to keep like some of our
42:04 answers on the like more shorter precise
42:07 um, end of the scale. Um, but I did want
42:11 to get into the Grail here, the Grail
42:13 Pro specifically.
42:16 um we kind of announced it with with
42:18 CKBTC kind of didn't really make an like
42:21 an official um highlight overview of
42:25 this product, but um can we just dive
42:28 into the fact that ZKBTZ is obviously
42:31 powered by the Grail Pro. Um you kind of
42:33 already explained about what makes the
42:35 grill uh different from traditional
42:37 Bitcoin bridges in the past, but do you
42:39 mind covering that again? And then can
42:42 you explain why institutions need it?
42:44 Yeah. So I I I'll try and keep this very
42:47 very short. Um
42:50 at the core of uh the vision for how we
42:52 were constructing bus from the very
42:55 beginning has been Grail. Uh it and
42:58 Grail's ability to provide
43:01 programmability to Bitcoin um both
43:05 Bitcoin the chain and BTC. Um what we
43:07 realized around the middle of the year
43:11 as we started um demonstrating this
43:14 primarily to custodians of of of
43:18 large institutions was that um their
43:21 systems would not play well with uh
43:23 Grail. Grail is really designed to allow
43:26 anyone to to use the system in this way.
43:29 Uh but because of the architecture of
43:31 custodial systems, we needed to build a
43:33 system which was purpose-built
43:37 for uh institutions. And so we spent the
43:39 last few months uh building out Grail
43:43 Pro as a counterpart as a as a a a um
43:46 companion piece basically to Grail. And
43:48 today Grail and Grail Pro Bas are
43:50 effectively the same product but
43:53 represented in their general purpose and
43:55 their institutional
43:59 um forms and we've started with the
44:02 institutional form because for the institutions
44:04 institutions
44:07 by being a Grail Pro operator the system
44:10 for you is truly uh trustless. Um, one
44:12 of the key things that we've uh um made
44:16 a point about is that the cryptography
44:20 allows us to have the system be fully secure
44:22 secure
44:24 uh with a what's called a one of n
44:25 security assumption. In other words,
44:29 that's unless everyone who is using the
44:32 system is corrupted, the system
44:34 maintains its cryptographic integrity.
44:36 But if you are an operator which the
44:39 institutions are
44:43 um two things happen one for them they
44:45 don't have this one of assumption
44:47 because they are the one of end so for
44:50 them they can directly maintain the
44:52 crypto for them the system is is
44:55 trustless but the other thing is that as
44:58 these institutions join the system their
45:01 their level of security
45:04 um is added to the security of the
45:06 Because so long as one of them remains
45:07 secure, the entire system remains
45:09 secure. And so by launching the system
45:11 through these institutional players, we
45:13 basically piggyback off not just the
45:15 security of one of them, but this the
45:17 combined and aggregated security of all
45:20 of them. And they effectively um kind of
45:24 for free are are going to be securing
45:34 [Applause]
45:36 That was a beautiful answer. Absolutely
45:40 beautiful answer. Um, so you mentioned
45:44 that institutions hold about I believe 6
45:45 million in Bitcoin today, which is
45:49 roughly $1.2
45:51 uh trillion dollars, I believe.
45:52 >> Well, I I may have gotten my maths wrong
45:55 there, but but yes.
45:57 >> All right. Well, my my math is not good,
46:00 too. I I failed math 99. So, um right
46:04 there with you. Um how does uh so how
46:06 how does the Grail Pro unlock this
46:07 dormant capital? Obviously, our our goal
46:10 here is to make Bitcoin um as kind of
46:11 like the foundation of the global
46:13 economy like how are we shifting towards
46:15 that with the products that we have? It
46:18 basically opens up the ability for BTC
46:22 to be used directly with DeFi as well as
46:25 the Bitcoin network to host other kinds
46:27 of assets which can interact trustlessly
46:32 with um BTC. To give a um simple example
46:34 because that's an entire world of
46:35 applications to give a simple example,
46:39 what this means is that um let's say uh
46:42 I want to borrow against my Bitcoin. I
46:45 can turn my Bitcoin into collateral. In
46:47 other words, I can say, "All right, um,
46:50 here's BTC in the form of ZKBTC.
46:54 I'm I'm pledging it as collateral, but
46:55 it's not moving. It's not going
46:58 anywhere. I'm not trusting anyone. And
47:00 so long as I keep making my interest
47:02 payments, um, the BTC effectively
47:05 remains mine. And once I've finished
47:07 making my interest payments, the BTC
47:09 automatically unlocks and becomes
47:11 available to me again." And so this is
47:13 the first time that it's possible to use
47:17 BTC as collateral without taking on any
47:20 counterparty risk.
47:22 Wow, amazing, short and precise. Thank
47:24 you so much. Um, with that being said,
47:27 let's quickly move on to the updated
47:28 road map. Um, as you guys know, we
47:31 recently announced the updated road map,
47:33 also known as the book of boss. So let's
47:36 dive into chapter one which is the
47:39 transformation um phase of the book of
47:43 boss. Um so what are some of the key
47:44 upgrades that are happening right now
47:47 with Grail Pro and Charms? Um obviously
47:49 you guys have dived into this uh with
47:50 the previous questions that I asked, but
47:52 could you just give us a quick like
48:00 Uh, Gotti, if you if you'd like to jump
48:03 in there, my friend.
48:06 >> Um, yeah, sure. So, right now we're in
48:08 in the phase that we're testing
48:10 internally, Grail Pro together with
48:15 Charms, and we're um doing um we're
48:19 we're minting um ZKBTC
48:23 in order to represent TVL. Um,
48:30 we're also concentrating a lot on the
48:32 user experience which is now the focus
48:34 for us because we want to have a good
48:37 user experience later when we launch
48:39 these products.
48:43 Um and uh we're working on integrating
48:47 the system with custodians and third
48:50 parties and other blockchains and that
48:55 will allow us later to put into play um
48:58 the ZKBTC that we mean so that it can be
49:00 used on additional systems and blockchains.
49:02 blockchains.
49:05 >> Fantastic. Thank you so much. Um and
49:07 yeah, we're moving a little quick here
49:08 just because uh there's like I said a
49:11 lot of community questions coming in. Um
49:13 let's move on to chapter two, which is
49:16 the production phase. Um what does
49:18 testing and institutional piloting look
49:21 like for the Grail and how does charms
49:23 eventually uh evolve into this like DAP ecosystem?
49:29 >> Well, for for for anything to be a DAP
49:32 ecosystem, there need to be
49:34 applications, right? So that means that
49:37 we have to bridge the gap. I I said I
49:39 I'm not sure I did say earlier, but I
49:41 should have said that charms is a
49:44 blockchain agnostic protocol. And what
49:48 this means is that a charm really exists
49:50 no matter which blockchain it's on. When
49:53 we put it on Bitcoin, it enjoys Bitcoin
49:56 security. And we can then beam it we use
50:00 the the word beam uh bridgelessly and
50:02 trustlessly to other blockchains to
50:03 participate in whatever applications
50:06 exist on those other blockchains.
50:09 So um by institutional pilots what we
50:12 mean is that we want to bring in
50:16 custodians and um third parties to
50:20 integrate with with the Grail Pro and by
50:22 integrating with Grail Pro they increase
50:25 its security because every time somebody
50:28 becomes an operator they increase the
50:30 security of the entire system.
50:33 Um, DAP integrations means that we need
50:37 to be able to beam the charms to other
50:39 blockchains so that people can use them
50:43 on existing DeFi indexes on other
50:48 blockchains such as uh Kadano and EVMs.
50:52 And we want to scale TVL by gradually
50:56 building more value and um
50:59 increasing the availability of Zik BTC.
51:02 Awesome. Thank you so much, Gotti. Um,
51:04 and then the final question for you
51:07 guys, which is for chapter 3, the
51:08 expansion phase. Yago, you might want to
51:11 jump in here. What is the big vision
51:13 here? What does Boss look like when
51:17 ZKBTC, Grail Pro, Charms, all are all
51:28 The big so the the endgame is that um we
51:31 no longer have this distinction between
51:34 traditional finance and crypto between
51:38 crypto and bitcoin and between um you
51:42 know bitcoin crypto and the internet.
51:46 The um end result is that um users will
51:49 be able to log on to applications in the
51:50 same way that they're logging on to
51:55 applications today uh through their um
51:57 you know computer desktop their their
52:01 phone um or you know through whatever AI
52:04 assistant is doing this in the future
52:07 and um they will be able to transact.
52:09 Now, the the assets that they'll be
52:11 transacting on are going to be global
52:14 and censorship resistant and secured by
52:19 Bitcoin. They're going to be um uh able
52:25 to use these systems um without uh uh
52:28 there being the limitations of having to
52:30 choose a specific
52:33 um uh blockchain on which they are
52:34 developed because they will work across
52:36 all blockchains because that's the the
52:39 the power of blockchains integrating
52:43 with Bitcoin and charms being um a uh a
52:46 crossplatform system. And so the assets
52:49 are able to move from one system to
52:53 another seamlessly and still remain um
52:57 um uh programmatically uh tied to the
53:00 same smart contracts that they were
53:03 regardless of what that chain is. Um so
53:08 that um it's easier I think to describe
53:12 how that works and why that's important by
53:13 by
53:17 um drawing the comparison to where we
53:19 are today. So if you're a developer
53:22 today and you want to build a web
53:24 application, you build an application,
53:26 you put it on the internet and everyone
53:27 in the world can access it and you're
53:30 done. Build once access everyone. But if
53:33 you're building in the crypto space, uh
53:39 you have to choose a blockchain, you um
53:42 can build a system, but um any smart
53:44 contracts that you build work only on
53:46 that chain. If anyone has an asset in
53:47 that system and they move it to another
53:48 chain, it can no longer talk to the
53:52 smart contract. And um if you want to be
53:54 able to access everyone, you basically
53:56 need to go and redeploy your smart
53:59 contract in different languages,
54:01 uh different security assumptions and
54:04 across multiple different chains.
54:07 And from the users perspective, this has
54:09 created an extremely fragmented
54:12 experience with worse UI, worse
54:15 security, and worse liquidity. And it is
54:18 also really limited the degree to which
54:22 um crypto can be adopted. Beyond that
54:25 because um this space is very fragmented
54:28 and so much of the activity is happening
54:30 on across all of these you know
54:31 different chains with different assumptions.
54:33 assumptions.
54:36 It's significantly limited the degree to
54:38 which traditional finance and
54:40 traditional assets can migrate into this
54:43 world because the world just feels
54:47 unsteady uh constantly uh changing um
54:51 and and extremely immature. And so what
54:53 we are
54:56 building here is what we see as the
54:59 ultimate opportunity in using
55:01 cryptography and and securing property
55:03 rights by cryptography which is to build
55:07 a single cohesive world where all assets
55:09 can interact with all other assets. All
55:11 people can transact with all other
55:14 people and the experience is seamless.
55:16 Not because
55:19 um there's a huge amount of bridges and
55:21 and and and and and meta protocols that
55:23 are built in between, but because the
55:26 the fundamental
55:29 architecture of the system is logical, unchanging,
55:31 unchanging,
55:35 simple, and secured by Bitcoin.
55:37 >> Incredible. Um, you know, one piece of
55:39 information that's stuck with me that
55:40 you've shared in previous calls and and
55:42 with the community as well is that you
55:44 can have this incredible piece of
55:47 technology, but you know, without an
55:49 operating system to come in and manage
55:51 resources, create this seamless user
55:54 experience to create interoperability
55:56 interoperability between apps, you're
55:57 going to be kind of left with this state
55:59 of like chaos, which is ultimately where
56:02 we're at with crypto today, right? So I
56:04 think that's you know that's the
56:06 ultimate goal here once again is to end
56:08 fragmentation to create unity to create
56:10 oneness and with that we can kind of
56:13 take cryptocurrency take Bitcoin take
56:16 the global economy to that next level to
56:20 that next step. Um so with that um let's
56:23 dive into the community questions. Um
56:25 I'm going to try and get through as many
56:27 as I can here. Again we're probably
56:28 going to have to like keep it short and
56:31 precise with the answers. Um, I did want
56:32 to mention once again, guys, for those
56:33 of you that are just joining, that I
56:36 will be doing a small giveaway today. I
56:38 will be giving that out randomly to one
56:41 of you. Um, but you do need to be
56:44 following me as well as the team here
56:45 because that's the only way that I'm
56:46 going to be able to um actually like
56:48 reach out to you. I will not be DMing
56:50 you. I will be tagging you if you are
56:52 the winner. So, that will be announced
56:55 after this space. Um,
56:57 let's move on to the questions. So,
57:00 Stormfister asked about TGE, but we did
57:02 mention that. I will still give you some
57:05 XP for Zilly there, my friend. Uh, let's
57:09 see. Lord Whitefire. Um,
57:12 how will the Book of Boss address high
57:15 Bitcoin network fees to make ZKBTC
57:17 practical for everyday DeFi use like
57:20 lending or trading?
57:24 >> In two ways. um first uh the ability to
57:26 utilize your ZKBDC across um
57:28 multiplicity of chains that integrate
57:32 with Bitcoin via Boss and second by
57:35 taking um transactions and being able to
57:39 aggregate these transactions so that um
57:41 you and perhaps a thousand other people
57:45 making thousands of transactions can um
57:49 behind the scenes convert that those
57:51 transactions into a single transaction.
57:54 uh on Bitcoin and so you the benefit of
57:58 Bitcoin security is still maintained uh
58:00 but you're sharing the cost of that
58:02 Bitcoin transaction with potentially
58:05 thousands of other transactions.
58:09 >> Thank you Yago. Uh this next question is
58:12 surrounding the pre-sale. Sudi said, "I
58:14 would like to ask a somewhat critical
58:15 question regarding the pre-sale. The
58:18 pre-sale was supposed to end a few weeks
58:22 ago at TGE." um referring to Q2.
58:24 However, it was left open with two main
58:26 arguments. One, more people should have
58:28 the chance to participate and the
58:31 postpone postpone postponement or rather
58:35 not all 5% has been sold yet. You are
58:36 currently releasing a lot of cool
58:37 announcements that are keeping the hype
58:39 going. Unfortunately, this generates
58:41 less FOMO because everyone can still
58:43 buy. How do you ensure that there will
58:46 be a high demand at TGE when you are
58:48 already making so many fantastic
58:52 announcements about products? Um
58:54 early buyers did get a better price but
58:56 the differences are relatively small in
58:58 the stages. Um
59:01 >> yes I'm happy to address that. Um the uh
59:04 from the very beginning prim
59:08 it was uh clear that we would leave the
59:15 um uh pre-sale open until TGE and um the
59:19 reasons for that uh are um uh primarily
59:22 to do with um regulatory con
59:26 considerations. Um the
59:29 um reality is that we are keeping it
59:32 open but as you guys have probably
59:34 observed there isn't a significant
59:36 marketing push around it. That is not
59:38 the goal right now. the goal is to get
59:46 to TGE and the primary um opportunity is
59:52 that this suddenly opens up um the the
59:54 there there's a moment where suddenly
59:57 Boss token and the Boss system become
60:01 available to the world um across a huge number of uh platforms that people are
60:04 number of uh platforms that people are already familiar with. Um and so um
60:09 already familiar with. Um and so um there will be a a marketing effort in
60:12 there will be a a marketing effort in the leadup to TGE.
60:15 the leadup to TGE. Um it will not be focused on uh the
60:19 Um it will not be focused on uh the pre-sale and um and uh I would say that
60:26 pre-sale and um and uh I would say that there there's effectively two things
60:28 there there's effectively two things here. One is that our goal is um not to
60:33 here. One is that our goal is um not to build hype for the purposes of uh the
60:36 build hype for the purposes of uh the the day of TG the the the day of TGE is
60:40 the day of TG the the the day of TGE is going to open up the ability to be part
60:44 going to open up the ability to be part of BOS to the world anyway. We don't
60:47 of BOS to the world anyway. We don't need to make extra efforts there. And
60:49 need to make extra efforts there. And second, this is not a a project which is
60:52 second, this is not a a project which is aiming for uh you know as its most
60:55 aiming for uh you know as its most important day uh the when the bus token
60:58 important day uh the when the bus token is launched and when it begins trading
61:00 is launched and when it begins trading that is in many ways the least important
61:02 that is in many ways the least important day. What happens and what is important
61:04 day. What happens and what is important is what happens afterwards. Over the
61:07 is what happens afterwards. Over the next few years, we will be building uh
61:12 next few years, we will be building uh what we believe and I think with good
61:15 what we believe and I think with good reason believe is a fundamentally
61:18 reason believe is a fundamentally critical part that has been missing not
61:20 critical part that has been missing not just from Bitcoin but from all of crypto
61:22 just from Bitcoin but from all of crypto which is the operating system which
61:24 which is the operating system which allows crypto to truly become uh a
61:28 allows crypto to truly become uh a mature system and be used by um the
61:32 mature system and be used by um the world for all of finance, all of
61:34 world for all of finance, all of property And um and we're doing this at
61:38 property And um and we're doing this at a time when the world is becoming so
61:41 a time when the world is becoming so interested in being able to use um
61:44 interested in being able to use um Bitcoin and to use crypto for what has
61:48 Bitcoin and to use crypto for what has up until now been uh Treadfi. So, we're
61:51 up until now been uh Treadfi. So, we're introducing this technology and this
61:54 introducing this technology and this critically important OS just as the
61:56 critically important OS just as the world is demanding
61:59 world is demanding exactly this because the the the world
62:01 exactly this because the the the world of Treadfi is now merging or seeking to
62:04 of Treadfi is now merging or seeking to merge with Bitcoin and crypto.
62:08 merge with Bitcoin and crypto. >> Well said, my friend. Well said. Uh this
62:11 >> Well said, my friend. Well said. Uh this next question comes from Cutless. you um
62:14 next question comes from Cutless. you um expressed excitement for the AMA,
62:16 expressed excitement for the AMA, appreciation for everything that we've
62:17 appreciation for everything that we've been doing, appreciation for always
62:19 been doing, appreciation for always answering your questions. Thank you so
62:21 answering your questions. Thank you so much, my friend. That's what we're here
62:23 much, my friend. That's what we're here for. Um however, you your question was
62:26 for. Um however, you your question was surrounding the bro um sorry, the charms
62:30 surrounding the bro um sorry, the charms bro mecoin. Um I if I could just ask you
62:33 bro mecoin. Um I if I could just ask you to please uh reach out to uh the
62:37 to please uh reach out to uh the solution who is also Andrew uh in
62:40 solution who is also Andrew uh in general chat to help you out there. Um I
62:44 general chat to help you out there. Um I I would appreciate that my friend. I
62:46 I would appreciate that my friend. I will still give you XP though for
62:48 will still give you XP though for participating. Um so Steve Hoppy here
62:53 participating. Um so Steve Hoppy here said,
62:55 said, "Could you please describe the flow of a
62:57 "Could you please describe the flow of a basic DeFi transaction with ZKBTC and
63:00 basic DeFi transaction with ZKBTC and how long it would take for the
63:02 how long it would take for the transaction to be finalized on the
63:03 transaction to be finalized on the actual blockchain?"
63:05 actual blockchain?" >> Yes. Um so I'm going to once again use
63:08 >> Yes. Um so I'm going to once again use the very very simple example which I
63:10 the very very simple example which I consider the basic the most simple
63:12 consider the basic the most simple primitive
63:14 primitive uh for using BTC in uh DeFi which is I
63:19 uh for using BTC in uh DeFi which is I can now come I can um uh
63:23 can now come I can um uh turn my BTC into collateral
63:26 turn my BTC into collateral um if I'm an institution I can turn my
63:28 um if I'm an institution I can turn my BTC into collateral while it still
63:30 BTC into collateral while it still remains within my wallet at the
63:31 remains within my wallet at the custodian so it doesn't even leave my
63:32 custodian so it doesn't even leave my wallet
63:34 wallet um
63:36 um and I can borrow against that so that I
63:38 and I can borrow against that so that I can generate yield or so that I can
63:40 can generate yield or so that I can start seeing some of the value of that
63:42 start seeing some of the value of that bitcoin without taking on any
63:44 bitcoin without taking on any counterparty risk and where there are
63:47 counterparty risk and where there are very clear
63:49 very clear predefined and automated rules about how
63:51 predefined and automated rules about how I get my my my bitcoin to no longer be
63:54 I get my my my bitcoin to no longer be collateral and the reason I would want
63:56 collateral and the reason I would want it to no longer be collateral is because
63:57 it to no longer be collateral is because I would uh want my bitcoin uh to be
64:02 I would uh want my bitcoin uh to be completely free right I can use it in
64:04 completely free right I can use it in any other way I don't only want to use
64:05 any other way I don't only want to use it as collateral. And so from the user's
64:07 it as collateral. And so from the user's perspective, they would come to some
64:10 perspective, they would come to some kind of application. They would say,
64:12 kind of application. They would say, "All right, I want to borrow against my
64:13 "All right, I want to borrow against my Bitcoin.
64:15 Bitcoin. I borrow uh I put in a bitcoin. I borrow
64:19 I borrow uh I put in a bitcoin. I borrow um you know,
64:21 um you know, Bitcoin uh $70,000 and um I pay back
64:26 Bitcoin uh $70,000 and um I pay back that $70,000 over the next five years
64:29 that $70,000 over the next five years and now my Bitcoin is unencumbered
64:32 and now my Bitcoin is unencumbered again." And so it's a completely
64:33 again." And so it's a completely seamless experience without any uh third
64:37 seamless experience without any uh third party being required in the middle. Now
64:40 party being required in the middle. Now from there much more complex and
64:43 from there much more complex and interesting things um like yield
64:46 interesting things um like yield programs like um uh staking like uh uh
64:51 programs like um uh staking like uh uh managing inheritance um can all be
64:55 managing inheritance um can all be built. And the best way to think about
64:58 built. And the best way to think about what it will look like in the early days
65:01 what it will look like in the early days is to look at what DeFi looks like in
65:04 is to look at what DeFi looks like in the rest of crypto as as sort of like a
65:07 the rest of crypto as as sort of like a a test example or an early example of
65:09 a test example or an early example of what uh of of how Bitcoin will be used.
65:17 >> Thank you, Yago. Appreciate you diving into that. Um do you feel like you have
65:20 into that. Um do you feel like you have a couple more minutes or should we come
65:22 a couple more minutes or should we come to an end here? I think I we could do a
65:25 to an end here? I think I we could do a couple of more minutes.
65:26 couple of more minutes. >> Okay. Um, with that being said, guys,
65:29 >> Okay. Um, with that being said, guys, I'm going to have to just pick through
65:30 I'm going to have to just pick through some like random questions here to give
65:32 some like random questions here to give fairness to everybody, but like I always
65:34 fairness to everybody, but like I always tell you guys, you know, if you want
65:35 tell you guys, you know, if you want your question answered, make sure that
65:36 your question answered, make sure that you get those out um as as soon as the
65:39 you get those out um as as soon as the community call gets announced because
65:41 community call gets announced because otherwise your questions get left behind
65:43 otherwise your questions get left behind and then we'll have to like address them
65:45 and then we'll have to like address them on next week's community call. But I
65:47 on next week's community call. But I will say somebody did ask here, will we
65:49 will say somebody did ask here, will we have another AMA to follow if we run out
65:51 have another AMA to follow if we run out of time to answer questions? Of course,
65:52 of time to answer questions? Of course, my friend, we have an AMA or a community
65:55 my friend, we have an AMA or a community call every week, so don't worry about
65:57 call every week, so don't worry about that. I will give you XP for that. Um,
66:00 that. I will give you XP for that. Um, let's see here. I'm going to pick at
66:02 let's see here. I'm going to pick at random, my friends. Um,
66:06 random, my friends. Um, all right. Uh, Hamid asked, "What
66:08 all right. Uh, Hamid asked, "What partnerships are being planned to drive
66:10 partnerships are being planned to drive Boss adoption? What incentives exist for
66:13 Boss adoption? What incentives exist for developers building on the Boss
66:14 developers building on the Boss platform?"
66:17 platform?" >> Um, so we've already discussed a lot of
66:19 >> Um, so we've already discussed a lot of that um previously. Um people are aware
66:22 that um previously. Um people are aware I think of the fact that um uh we've got
66:26 I think of the fact that um uh we've got um Litecoin and VM Cardano as major uh
66:32 um Litecoin and VM Cardano as major uh systems that are being used on Cardano.
66:35 systems that are being used on Cardano. We've got um Sundial being utilized. Uh
66:39 We've got um Sundial being utilized. Uh recently um we seen a coalition of
66:43 recently um we seen a coalition of projects in the Cardano space including
66:44 projects in the Cardano space including wallets and DeFi applications um also uh
66:49 wallets and DeFi applications um also uh um joining um this coalition as well as
66:54 um joining um this coalition as well as um custodians. Um there are other things
66:58 um custodians. Um there are other things that are happening as well. One uh
67:01 that are happening as well. One uh interesting um and important target um
67:04 interesting um and important target um recently has been digital asset uh
67:07 recently has been digital asset uh treasury companies and in particular
67:09 treasury companies and in particular Bitcoin treasury companies seeking to be
67:12 Bitcoin treasury companies seeking to be able to u put their Bitcoin to work
67:14 able to u put their Bitcoin to work without taking on counterparty risk.
67:16 without taking on counterparty risk. that is going to um take time. And as
67:19 that is going to um take time. And as you guys are aware, there's also a large
67:21 you guys are aware, there's also a large number of other types of institutional
67:22 number of other types of institutional players like hedge funds um uh uh
67:27 players like hedge funds um uh uh uh firms, family offices that hold
67:30 uh firms, family offices that hold Bitcoin that um have been looking to
67:33 Bitcoin that um have been looking to sign on. So none of this is going to
67:35 sign on. So none of this is going to happen overnight. Some of it is already
67:37 happen overnight. Some of it is already happening. And so what we're expecting,
67:39 happening. And so what we're expecting, what we're already starting to see is
67:41 what we're already starting to see is the incremental
67:43 the incremental um increase of two things. One, the um
67:47 um increase of two things. One, the um parties who are using the system um are
67:51 parties who are using the system um are growing in number and two the degree to
67:53 growing in number and two the degree to which they trust the system and are able
67:55 which they trust the system and are able to use the system is growing um as their
67:58 to use the system is growing um as their confidence grows and their familiarity
68:00 confidence grows and their familiarity grows.
68:03 grows. >> Thank you Yago. Um so Earl said um no
68:07 >> Thank you Yago. Um so Earl said um no question just a comment for the team. My
68:09 question just a comment for the team. My perspective is that this is a new
68:11 perspective is that this is a new product and by using it and identifying
68:12 product and by using it and identifying issues we are helping to improve it.
68:14 issues we are helping to improve it. Congratulations to the team for the hard
68:16 Congratulations to the team for the hard work and long hours to build our future.
68:18 work and long hours to build our future. So Earl, I do believe here that you are
68:21 So Earl, I do believe here that you are referring to Bro, um, which is Charms's
68:24 referring to Bro, um, which is Charms's product. Um, I just want to make it
68:26 product. Um, I just want to make it clear, um, again, just very clear for
68:29 clear, um, again, just very clear for you guys, that
68:30 you guys, that Boss is a stack and Charms is a layer
68:34 Boss is a stack and Charms is a layer within that stack. Um, and Bro is
68:38 within that stack. Um, and Bro is Charms's new product, right? It's one of
68:40 Charms's new product, right? It's one of their products. It's a kind of like a
68:43 their products. It's a kind of like a community experiment, which is what
68:44 community experiment, which is what they've highlighted um whenever they've
68:46 they've highlighted um whenever they've talked about it. But I do want to
68:47 talked about it. But I do want to highlight there's actually no
68:49 highlight there's actually no correlation between Bro and the
68:52 correlation between Bro and the efficiency um of the BOSS protocol
68:55 efficiency um of the BOSS protocol itself. Um and also just no correlation
68:58 itself. Um and also just no correlation with the Boss token either because I
68:59 with the Boss token either because I know a lot of you were kind of um you
69:02 know a lot of you were kind of um you know making the that correlation. So
69:04 know making the that correlation. So again, I just really want to make that
69:06 again, I just really want to make that clear today. Um the whole purpose of you
69:09 clear today. Um the whole purpose of you know the the X space that we had on
69:11 know the the X space that we had on Tuesday um the whole purpose of you know
69:14 Tuesday um the whole purpose of you know this the conversations that are taking
69:16 this the conversations that are taking place within um our discord is simply
69:20 place within um our discord is simply because you know we want you guys to
69:22 because you know we want you guys to have a firsthand experience of what
69:24 have a firsthand experience of what charms feels like what charms looks
69:26 charms feels like what charms looks like. Obviously once again this has been
69:28 like. Obviously once again this has been an experiment so there's going to be ups
69:30 an experiment so there's going to be ups and downs highs and lows. Um, but I know
69:32 and downs highs and lows. Um, but I know for a fact that the Charms team is doing
69:34 for a fact that the Charms team is doing everything they can to help address
69:35 everything they can to help address those issues and um, guide you guys
69:37 those issues and um, guide you guys through it. Uh, with that being said,
69:40 through it. Uh, with that being said, let's move on to the next question here.
69:44 let's move on to the next question here. Um, so He-Man said, "Will Boss offer
69:46 Um, so He-Man said, "Will Boss offer staking options for token holders who
69:49 staking options for token holders who may not have the resources to run a slam
69:51 may not have the resources to run a slam node allowing them to earn rewards?"
69:55 node allowing them to earn rewards?" >> That's a great question.
69:56 >> That's a great question. >> That yes, so that is the intention. it
69:59 >> That yes, so that is the intention. it won't be part of the um first release.
70:02 won't be part of the um first release. We're going to um be focusing on uh the
70:05 We're going to um be focusing on uh the core functionality at security and
70:07 core functionality at security and productization as well as UI and
70:09 productization as well as UI and accessibility early on and then we will
70:11 accessibility early on and then we will be adding in um the ability to
70:15 be adding in um the ability to participate in staking and security
70:17 participate in staking and security secure securing the system even if you
70:19 secure securing the system even if you are less technical. Um after that
70:25 are less technical. Um after that >> thanks Yogs. Um Bitcoin boss asked is
70:29 >> thanks Yogs. Um Bitcoin boss asked is ZKBTC denominated in SATs like Bitcoin?
70:34 ZKBTC denominated in SATs like Bitcoin? >> Yes,
70:36 >> Yes, >> it is one to one guys. It is one to one.
70:40 >> it is one to one guys. It is one to one. Um let's see here. One final question
70:42 Um let's see here. One final question before we wrap up here today guys. Um,
70:45 before we wrap up here today guys. Um, trick a asked what about litm and what
70:49 trick a asked what about litm and what is its relation to boss?
70:51 is its relation to boss? >> Lithvm is a really interesting story.
70:53 >> Lithvm is a really interesting story. Litm is a rollup being built on litecoin
70:56 Litm is a rollup being built on litecoin which was definitely not what we were um
70:59 which was definitely not what we were um initially envisioning uh when we started
71:01 initially envisioning uh when we started working on boss. But the same
71:04 working on boss. But the same capabilities that we've built for
71:05 capabilities that we've built for bitcoin also make other chains like
71:08 bitcoin also make other chains like litecoin potentially doge uh monero um
71:13 litecoin potentially doge uh monero um programmable as well. And so LitVM is a
71:15 programmable as well. And so LitVM is a really exciting project. It's the first
71:16 really exciting project. It's the first ZK rollup being built on Litecoin
71:20 ZK rollup being built on Litecoin utilizing the Boss network and the
71:22 utilizing the Boss network and the technology built by Boss.
71:26 technology built by Boss. >> Awesome. Thank you so much. Um much much
71:30 >> Awesome. Thank you so much. Um much much major shout out to the team here. Thank
71:32 major shout out to the team here. Thank you guys for taking time out of your day
71:34 you guys for taking time out of your day to come on the community call and speak.
71:36 to come on the community call and speak. Um I know for a fact that the community
71:38 Um I know for a fact that the community has been so so excited to directly hear
71:40 has been so so excited to directly hear from you guys. Um obviously you guys are
71:42 from you guys. Um obviously you guys are on the tech side of things. you're on
71:43 on the tech side of things. you're on the infrastructure side of things. So
71:45 the infrastructure side of things. So you guys, you know, have all the latest
71:46 you guys, you know, have all the latest updates. You you guys see all the
71:48 updates. You you guys see all the progress that's being made. So, um, I
71:50 progress that's being made. So, um, I know for a fact that they are so so
71:52 know for a fact that they are so so grateful and so excited as well of of
71:54 grateful and so excited as well of of all the breakthroughs that we've been
71:56 all the breakthroughs that we've been having. Um, so and and of course you
71:58 having. Um, so and and of course you guys are amazing storytellers. You guys
72:00 guys are amazing storytellers. You guys know how to really highlight the vision
72:03 know how to really highlight the vision and um, you know, really showcase like
72:06 and um, you know, really showcase like what, you know, what we're trying to do
72:08 what, you know, what we're trying to do with Boss, what we're trying to do with
72:09 with Boss, what we're trying to do with Bitcoin, the global economy. um create
72:12 Bitcoin, the global economy. um create this you know seamless internet with
72:14 this you know seamless internet with value as you like to say Yago. So um
72:18 value as you like to say Yago. So um with that being said my friends um it is
72:21 with that being said my friends um it is Friday. Uh as you all know we end these
72:24 Friday. Uh as you all know we end these faces with just some good vibes. Uh
72:26 faces with just some good vibes. Uh Hillary actually did me message me
72:28 me message me message me message me message me message me message me on
72:28 message me message me message me on Slack and she said that the reggae was
72:31 Slack and she said that the reggae was uh making her ears bleed. Uh but uh
72:34 uh making her ears bleed. Uh but uh which is kind of uh questionable for a
72:37 which is kind of uh questionable for a poet. I I feel like a poet would very
72:39 poet. I I feel like a poet would very much like reggae, but um
72:41 much like reggae, but um >> Hillary is a boomer's boomer.
72:45 >> Hillary is a boomer's boomer. >> I'm going to tell her you said that. I'm
72:47 >> I'm going to tell her you said that. I'm going to tell her you said that. Um but
72:50 going to tell her you said that. Um but yeah, with that being said, guys, we'll
72:51 yeah, with that being said, guys, we'll end we're going to end on a good note
72:52 end we're going to end on a good note here. Like I said, you know, we're doing
72:53 here. Like I said, you know, we're doing a little bit of a mini giveaway here. Um
72:55 a little bit of a mini giveaway here. Um so I will be announcing that after the
72:57 so I will be announcing that after the space and um anybody who actually did
73:00 space and um anybody who actually did have their question answered, you will
73:02 have their question answered, you will be entering a raffle to win 30 engage
73:05 be entering a raffle to win 30 engage points. As you guys know, we recently
73:07 points. As you guys know, we recently launched our engage marketplace where
73:08 launched our engage marketplace where you can take those engage points from
73:10 you can take those engage points from Discord and exchange them for rewards.
73:13 Discord and exchange them for rewards. Um, and of course, you know, like I
73:14 Um, and of course, you know, like I mentioned to you guys, as we approach,
73:17 mentioned to you guys, as we approach, you know, TGE, like Yago said, in the
73:18 you know, TGE, like Yago said, in the coming weeks, um, there will be an
73:21 coming weeks, um, there will be an abundance of new exciting rewards
73:23 abundance of new exciting rewards available to you guys. And again, this
73:25 available to you guys. And again, this is just a simple token of our
73:26 is just a simple token of our appreciation to you. You guys have been
73:28 appreciation to you. You guys have been incredible. You guys have been
73:29 incredible. You guys have been supportive as always. You guys have been
73:31 supportive as always. You guys have been this amazing advocates of Boss. We
73:33 this amazing advocates of Boss. We couldn't do this without you. the
73:34 couldn't do this without you. the community is the backbone and so any way
73:37 community is the backbone and so any way we can give back as always we absolutely
73:39 we can give back as always we absolutely will. Um so with that being said my
73:41 will. Um so with that being said my friends uh have a fantastic weekend. Go
73:45 friends uh have a fantastic weekend. Go touch grass, hop off your devices. Go be
73:48 touch grass, hop off your devices. Go be in the present moment and I hope that
73:51 in the present moment and I hope that you guys have an incredible weekend.
73:53 you guys have an incredible weekend. Much love to you all.
74:38 [Music] And also quick shout out to Lord Dre.
74:42 And also quick shout out to Lord Dre. Always coming in with that alpha for his
74:44 Always coming in with that alpha for his community. Uh you know he always comes
74:47 community. Uh you know he always comes up uh on the speaker panel to get
74:49 up uh on the speaker panel to get exposure for his community. Big shout
74:50 exposure for his community. Big shout out to you my friend. You are always
74:53 out to you my friend. You are always Yes. Let's go.
74:55 Yes. Let's go. >> Let's go. Let's go. You're always, you
74:57 >> Let's go. Let's go. You're always, you know, once again, I always highlight
74:59 know, once again, I always highlight this, but you're giving your community
75:00 this, but you're giving your community the tools and resources they need to
75:02 the tools and resources they need to successfully navigate this space, which
75:04 successfully navigate this space, which we need more of. We need more leaders um
75:07 we need more of. We need more leaders um in the space that are operating with
75:08 in the space that are operating with this mindset and this approach. So,
75:10 this mindset and this approach. So, always much love to you, my friend. It's
75:12 always much love to you, my friend. It's always love. And again, shout out to
75:15 always love. And again, shout out to everybody here. Um you know, we got a
75:17 everybody here. Um you know, we got a lot of regulars and a lot of new people
75:19 lot of regulars and a lot of new people as well. And it's amazing to have you.
75:21 as well. And it's amazing to have you. And you know, we look for forward to
75:23 And you know, we look for forward to being on this beautiful journey
75:24 being on this beautiful journey together. Guys, take care again. Have a
75:26 together. Guys, take care again. Have a fantastic weekend. Uh we do have a movie
75:29 fantastic weekend. Uh we do have a movie night that's coming up in two hours as
75:30 night that's coming up in two hours as well. Would love to see you there. We're
75:32 well. Would love to see you there. We're watching Castaway, which is, as you guys
75:35 watching Castaway, which is, as you guys know, uh an incredible movie. It was our
75:37 know, uh an incredible movie. It was our first little kind of exposure to, you
75:41 first little kind of exposure to, you know, what it would be like if we got
75:42 know, what it would be like if we got stranded on an island. Madness.
75:44 stranded on an island. Madness. Absolutely madness. The human experience
75:46 Absolutely madness. The human experience is very interesting because we
75:48 is very interesting because we absolutely all love that movie for some
75:50 absolutely all love that movie for some odd reason. Um, but I'll see you guys
75:52 odd reason. Um, but I'll see you guys there. Take care, my friends. Much love
75:54 there. Take care, my friends. Much love as always and we'll see you on the next
75:56 as always and we'll see you on the next one.