
Oh, casting 2.0 for July 26 2024, episode 186 room 2514 Oh, Hello once again, everybody it is time for the only only place you need to be for everything that's going on in podcasting. That is if you care about the future and what's happening right now it is podcasting 2.0 We are the only boardroom that always travels to where the action is. I'm Adam curry here in the heart of the Texas Hill Country and in Nashville, the man who can adjust your EBIT da with a
single stroke of his keyboard. Say hello to my friend on the other end. The one the only Mr. Dave Jones

for EBIT, da services Yes. To whoever to whoever in Nashville needs them. I heard that yeah, it's super easy.

You already helped out Spotify. That was pretty cool. That was nice of you. Yeah,

yeah, we're there now fully profitable. Yes.

I love that story. Yes, adjusted EBIT, da which basically means everything without any costs, and then we weren't profitable. So we'll just it's fixed. There you go is done. Yeah.

You just adjust it, you adjusted as adjusted EBIT dA is the best scam thing I've ever heard in my life. Now, Spotify is actually profitable now for real but like all these other companies, I thought

I thought they had adjusted EBIT da I thought no, no, I think they're

actually profitable. It was the other one that was that adjusted their EBIT, da Hmm. Well,

which one do you mean? Cast one?

Um, it let's say wait, Somebody's knocking at the door.

I probably should mention at this point that Dave is in Nashville. We don't know exactly where he is. We are in the middle of the bands at Bitcoin. As you can hear that is the band's at Bitcoin stage in the background. And we may have some special guests stopping by In fact, I believe we have chyron with us
Yeah, absolutely. I'm here in the other room.

What room are you guys in?
So Dave was initially trying to actually do it live from the bench at Bitcoin event around the corner? Yeah, man that place was loud

you know when they were talking about us doing the board the board meeting from them like you that's that's gonna be pretty complicated. So yeah, I figured so what Where are you guys because I know you're not in Dave's Airbnb.
No, so the sound engineer who works there believe his name Steven he he is actually staying in the Embassy Suites so we're up in room 2514 got a pretty pretty decent view out the window here and yeah, just got some separate rooms here.

If you're if you want to troll them go to room 2514 Everybody that's that's that's just docks yourself, man. What are you doing?
Well, it's not my right. It's not my room. So

is there a lot of sound engineer underwear laying around? Is that Is that what it is?
No. Oh, let's let's see. And here is some some one of those shoes the kind of barefoot shoes with the toes

rocks

sound engineer crocs No no, no, that's no good.

Oscar and Nick from fountain OH.

OH nine

they just rolled in. Let me see if their mic works. See if that mic works. Hello.

Hey, is this awesome? Hey
Adam. Hey so let's go ahead wow

it's like if a bomb fell on that hotel podcasting 2.0 was over. We're all done for will wave to the board room everyone's in there and everyone's excited. Once you give us a little Dave give us a little update and or you know go around the room and talk about because you guys have been there since yesterday, I think right? Yeah,

I left a left Birmingham and like right after work at like 515 or whatever la ran through the house kiss you know, kiss the wife and kids and we're like, out of there. And then it was like a it's usually like a two hour 15 minute drive or something from Birmingham to Nashville. And let me guess it
took you three and a half. It was 353 15 Is it like it was there was like torrential downpours on and off through the whole drive in there was wrecks and all this kind of stuff so like it took a long time to get here but I rolled in a relevant to the Airbnb that I'm sharing with Kira, and last night I guess about 830 or so a 45 and then went over to the vinyl lounge where wave lake was doing their live stream with a bunch of bands and walked in there and met chyron saw him and then met
Nick, which I'd never met before. And then we went up like, then we just started like, hooking up with everybody. I mean there was Dobby Das.

Oh man. Oh, that's so awesome. Yeah,

I tried to get Dobby das to come up here for the show and I was in ER Karen did and he said his response was kind of like Dobby Das is all over the place like he's doing. Like what he run and he's

got he's got sound going he's got now who is it? Okay, so let me just step back. So we have a band's a Bitcoin, which I've been watching since yesterday and retweeting and boosting and trying to let everybody know about it. That's in the hotel that you're in right now. Right? Is it a ballroom? Or what kind of room is it?

What is it ask? It's like a,
it's kind of like, just the lounge area on one of the floors

kind of looks like a lounge chair. And I love that they're doing it, but the backdrop is like, Okay, we need it. We could have used a little bit of set dressing there.

It's literally in the corner of like, the fourth floor restaurant.

Yeah, that's it sounds great, though. I mean, if you listen to it, I mean, whoever's doing sound is doing a good job.

They get the gas or the guy that's doing sound or is doing all the AV Steven.
Yeah, I think. Yeah.

room you're in now.

Yeah, yeah, we're gonna. Like, the plan was like, the plan was just, this is this is like, not like any trip that I ever do. I'm like a hyper planner. I usually have everything figured out to the

degree. In fact, I'm amazed that you're that you're speaking to me at all. Because if something's not planned, Dave typically is like, I'm not going to do it.

So like for this trip, I'm like, I'm trying to go within the spirit of chyron and just like winging it, and it is the most uncomfortable thing in the whole world. So I told Oscar last night I'm like, Yeah, I'm just gonna like show up at the Embassy Suites tomorrow and just like figure out if we can do the show from there. Because I was thinking it might be cool to have the ambiance of like bands at Bitcoin in the background and to be able to like yeah,

we have here it is like There we go. That's Alicia Stockman on stage right now, everybody. So

you're doing it through the sea. I was going for real ambiance which is not incompatible. Well, no,

no, no, that will not work. Particularly not with the noise gate. Now it won't work at all.

And I was thinking like, I had this I have this shotgun mic, the one that Oscar is using right now.

Are you ambiance sound with that? Yeah, so

I will, I was gonna, I was thinking, Okay, this thing's directional. So maybe I can sit over here in the corner behind the wall and catch a little bit of the of the music and then also do the show. And I'm like, Okay, this is working. I'm catching some music. Like I'm catching some ambiance here. And then they did the soundcheck and it was like, No, this is undoable, which I'm sure like as soon as I told you that in a signal, you were like laughing your head off. And I

was like, yeah, that kind of makes sense. But then the way the signal message read I'm like, you know use like the Wi Fi at the Airbnb is no good. And like, well, maybe, maybe we won't be doing a show. I don't know what's happening. I was literally just sitting here. You know, going through emails looking at the whoever was on stage and then you popped up on the clean feed. I'm like, Oh, well, there you go.

Yeah. Even was Stephen was like, he was trying to help us get everything set up. And then he's like, Hey, man, if you just want to like use my room, here's my card key. Just go use it. And I'm like, Cool. This is a cool room. Like it's got this whole little, like, lobby in the room. Does the elevators like a green roof? Does

the elevator open up into the room itself was a one of those. That's my favorite.

That's Oscar nickname because they have the big money. So

I know Oscar and Nick have limited time guys. First of all, I'm so I'm so happy that you're here. I'm glad you made it safe from presume you came in from the UK.
Yeah, that's right. We flew in the night before last. Yeah, yesterday was quite a tiring day. I think Dave when we were talking just interrupted me at one point and said Oscar, he looks so tired. Go to bed so on. Yeah, but no, it's been it's been really fun. And the bands or Bitcoin thing, I think has been a really good showcase of all of the live items. And yeah, it's been so great to meet people from podcast index dot social. I feel like everybody is here. That's been really really cool.

Yeah. So have you now have you been to the conference at all? Have you have you been inside? The big the big venue?
Not too much. To be honest. I do have a ticket. But I've mostly been at the bands at Bitcoin event. I went in there for about an hour yesterday, but it was mostly Industry Day Bitcoin mining stuff. Yeah, but I plan to go today. I
think you're speaking tomorrow as well, right? Yeah, I'm
doing a panel tomorrow with Sam from wavelike. And Jim, as well, just talking about some of the music stuff that's happening. So that should be good.

Yeah, I'm a little disappointed that you showed up there. And you still haven't done the demo for the new wallets. I mean, do you not have time on the plane to put that together?
To be honest, the blocker is a classic blocker is just getting access to strike because Oh, really? Oh, no. Because what happened was I was on the beta version. Integration. Yeah, I've currently and fountain. They weren't live in the UK, but they sent me like a beta version. So I could test the OAuth flow. This was at the end of last year. Now that it's launched, so I can sign up but I'm in this kind of like middle ground of my account settings, so I can't
actually Okay, so I have an issue of strike right now. But yeah, I'm definitely going to work on that. Okay. Yeah. I mean, if anyone else wants to have a go at it as well.

Don't let it don't let Oscar stop anyone else from doing Yeah.

Dave, where did you go? Do you go to the bathroom? You like your

I'm sharing my mic. Whoa, okay.

I'm trying to figure out what's going on. It looks it looks like

me and Nick are doing like, like live? Yeah, like live at Dolby. I'm Kenny Rogers and he's Dolly Parton. Dolby Das. I just took the liberty to minute named myself as Kenny Rogers as the guy so Dobby

dasa is in the in the boardroom. He says he's going to come up is it 2514? Is that the room number 25.
I'm actually right next to a bed so if he wants to lounge next to it. The mic is set up so you can

take a picture somebody take a picture. We need this for posterity sake.

Yeah. WDS knock on the door. It will let you let you into Stephens room that we barely know.

So let me toss it back to chyron because you came in Now You didn't come in from Australia. You came in from somewhere else, didn't you?
Yeah,
I came in from Brazil. So I had three flights to get so 20 hours in the air was what was going on in Brazil. Everything. That's where that's where the whole the cool stuffs happening. It's actually just much warmer than going in Australia.

That goes without you guys. I haven't like, like, unprecedented snow somewhere in Australia. I heard. Yeah,
that that would make sense. Because Brisbane is freezing at the moment. And yeah, it's I'm still waiting for all this global warming.

It's kind of funny because I think Krypton lives in Brisbane and he didn't mention that it was freezing cold.
Yeah, he's upon there. So

that's prisoner of Mother England, everybody.
So the other cool thing with here is just all the unexpected people so last night those Eric peepee Oh, nice. I met up with TJ door full so he showed me around I met a whole bunch of the duffles got to see the mega church the lifepoint you know that's their

church. Yeah, fantastic. Oh, this is I'm I'm like jealous now. Yeah,
some place to be. Yeah, well

did. See. Who else do we meet? Roy was Jersey horror of course there. Yeah. Dirty jersey. Horror is like 12 feet tall.

I know. No, I've met him. I met him. I've met him before he is he's a big dude for sure. And he was

like, he was like Hey, have you met so and so I'm like no, I haven't seen them and he's like I'll go get them and he like they don't have when dirty Jersey horror wants to bring you somewhere you don't have a choice?

No, no, you're just going oh, let me check. You're going let me see what's going on on the stage here

bringing people to me or

lingo What are they doing here? But it was really nice to talk to people and excitement Alicia Stockman who's on stage I don't know and she has the most Nashville outfit outfit you can imagine she's got no the cut off cut off jeans with white boots.

Does she ever had that when she No

she doesn't she should who's on stage though who's just talking to her here in the same row? Right we got fountain wave is that is that Costello also been Maxine canto about Bitcoin coming up next. It's an epic epic show. Epic weekend. So this is great. Joining us almost like being there to wrap up for a few minutes here. Yeah, go ahead, Dave. So that's like

to know 28 That's 23 floors down from where we are now our 2021 floors down for where we are at now, but I like faking like we're right there in the room with them. That's a nice I gotta

tell you in 1997 Molson ice beer was my client that was on ramp for camping new ideas. And they had a promotion called the polar the polar ice beach party. And they did a big promotion, a national promotion. And we took 100 Prize winners to the North Pole. And there was a live concert with Metallica hole, which at the time was Courtney Love was the other band Veruca Salt and and forgot about that band? Yeah. And so we we cyber cast that live. And the way that worked back in those
days is we had we called the roadblocks. And we had this this big flightcase. And it had 24 modems in it. And we had an identical flightcase back at the office in New York. And so we were able to get I think we got about 18 phone lines, we weren't able to get 24 and we multiplex them through this box.

Were these ISDN? No, it

was just it was just regular phone lines. It was Potts and but we had all these modems. So each modem had, you know, supposedly 56k. And we just multiplex them, and then we do D mux them on the other end. And so we were able to send video and audio from the North Pole. And now I'm looking at, you know, I just walk into my office and my studio I sit down, I flip up clean feed, you know, I flip up the fountain, fountain data fan page with the with the band. I mean, it's amazing how
much we can do. I mean, it's I'm just want to stop for a second and think how awesome that really is.

Yeah, it's it's totally written like we're the fount? If so. Did you did you put that page together specifically Oscar for specifically for the film live page specifically for this event? Or is that the same page that you've been running for, like Jupiter and all that stuff?
Yeah, we've been testing that live page for maybe like, three or four months. But we haven't really kind of pushed it too widely, because there's still a few things that we need to get right with it. One of the things that yeah, we want to do is also show like the live chat using nosto. But it's just been quite a lot of work to get that all working. But yeah, we've been testing it with Chris from Jupiter broadcasting. And I think that these kinds of live concerts so

so if so Oscar tomorrow at I think two o'clock, I'm doing boosted Graham ball live, and I'm going to be streaming video. Will that also be able to go into this live page? Yeah,
that should work. The only thing to be aware of is the chat is powered by noster. You can just create the noster live chat directly from the fountain live page. So yeah, if you want to turn that on, you can or you can just use it without the live page and it will support it now.

Now now will but will my video who's routing my video into this page? Is that going through the Costello? Industries? I don't know whether because they're getting my M three u eight, video feed or whatever it is.

Where's the like? Is that a separate RSS feed that you put together?

No, I'm just I was just gonna use the So Julian and Jim. They just said we just need your your M was at the m mu three, eight or something. Whatever it is, whatever comes up the cloud Cloudflare.

They're just going to put your video stream in the bands that Bitcoin fee. I guess what it sounds like? Yeah, I hope so.
Yeah, that makes sense. And that's, that's delivered us with RSS blue is taking all of that. So all of the feeds for the event.

So I have no idea how splits will work but something else something WDS

was doing it by hand last night. I mean, like as new press as his phone out. And as new people came up on the stage. He was like, oh, wait a minute. You just tapped it on his phone. I was like, Are you doing it by hand? He's like, Yeah, that's what we're gonna do it. I was like, Well, I love it. I

love it. I love this. So awesome. It's amazing. The things that we're doing here. I mean, it really is

funny that it takes a second to figure that out. Like you ask a simple question. Like, where's the video coming from? Yeah, and like there's so many parts to this. You're like, wait, I'm not sure. Where is it coming from? Like,
I don't know if I know. Yeah, exactly. So

we've never had you on the show. Exactly. to like tell it. Yeah, tell. Tell us what what you do if um,
yeah, so I guess you know, with Oscar being more on the tech aside, I'm really more on like growth, marketing and also increasingly product as well. I mean, there's only three of us working full time on fountain. So we all do a lot of different
things. So a typical day for me is like, yeah, working on new designs in figma, like thinking about how we can improve the UX like added new features, beta testing, you know, working with podcasters, working with artists, and also thinking about Yeah, how we can drive new user acquisition and get the app out to more people. So it's a real mix, to be honest.

Yeah, no, I really love because I'm pretty sure you're responsible for the weekly top 10 shows and top 10 episodes is such a joy to see that. But mainly because I made it three times. Pretty awesome. But I know that you've also worked with, with Jimmy Pruitt on living up in a down world, and you've I think you've talked with him and, you know, it's it's, uh, people don't really talk enough about the customer
service part. That happens both on the podcast hosting side, but also certainly with with what fountain is doing, it's to be commended. It really is. Because, you know, he's, he's a newbie to all this. And he's like, wow, you know, there's these guys out there. And Nick is really helpful and trying to get stuff done. And it's a really appreciate you, man, James, I'm standing in yours. Sorry about that.
I think a lot of podcasters get started and they blame their podcasts. And they don't talk to anyone, they don't really reading the materials, because it all feels very, like very technical. There's a lot to learn. And all it really takes is a simple conversation with someone just to understand, like, you know, what are you trying to do? Like, what are you doing currently? Like, how what are you trying to get from podcasting? 2.0 Because I think everyone wants different things.
Some people come more from a monetization standpoint, some people come from, you know, the point of fan engagement, audience engagement. And some people are just curious about the technology. Some people just come because someone told them to come. And so that really takes a bit of digging them to understand that. Okay, cool. Well, let's, let's just explain it, you know, get you set up. And yeah, conversation definitely goes a long way.

What's the there's the third person at fountain? Who's number three.
So Tom is the other developer that works on the app. Okay, with me. So yeah, we split out the tech side is

it seems like that, you know, a bunch of so many podcast apps are run by just like one one person. And it feels like, I'm curious. When you make the move from one to two people, it feels like that's probably I'm just imagining that's such a relief to be able to split some of the workload, because if it's just like people, some that developers like Franco and Marco and these guys that are just it's purely them, like having to handle to handle support emails, and to
handle the tech and do the marketing. It just seems like it's just like, the day that you're able to offload some of that seems like it would be a joy.
Yeah, exactly. And I think what's even more difficult, and because, obviously, fountain is the mobile app, which is a podcast that but it's also the back end,
and it's also the payments and the wallet as well. And, you know, this kind of goes back to what we've been talking about over the past few weeks and months with making it easier for app developers like we as fountain don't want to have to manage all of the payments and you know, manage, you know, the user balances in the wallets, which we currently do, you know, it's an incredible amount of work. And so the more that we can offload that to these providers, the easier it gets.
So, yeah, it's a lot of work. And I also think, this event bands that Bitcoin has really highlighted for me how, you know, one app or product or company cannot do everything, like a good level, cannot do everything. Well, we need more developers, we need more apps, kind of like targeting a real niche. And then we can all kind of work together on our own,
like parts of the experience. Amen. Great example of that. So yeah, hopefully, we start to bring in, you know, more developers and have new experiences, because yet, you know, we're competing against Spotify, Apple podcasts, you know, no, one single app is going to be able to do that. But all of us together, each kind of splitting things up and creating different flavors of like, you know, podcasts listening
experience, music listening experience. I think that's where we have real power and it's something that actually they can't replicate because they're just one company. Well,

and let me let me just say that I don't really see pod Testing 2.0 Being in competition with Spotify and with with Apple, I mean, I see my op three stats, I see what apps are being used the most, or the first significant amount, and it's really down to each podcaster you know, each each podcaster. And I promote this on no agenda, every single show, I said, you know, Hey, you don't want to be using the legacy apps
use the new stuff. And particularly, I think, one of right now, one of our main unique propositions is the live stuff. I mean, this is what's happening here is amazing. And it's and it also shows that we're much more than just a bunch of people who are building apps. I mean, it's a true community effort, you know, between the 2.0 native guys on the hosting side, and and and the apps I mean, it this there's there's really something going on here and people gravitate towards that. Man

who who has just showed up?

Hey, Adam, hey, Dobie Das. Do you have your Swiss Army splits knife with you?
I do have a similar Yeah, I'm just pulling in for a few minutes. Yeah, say hi to everyone.

Hey, brother. Thank you for what you're doing. I hear you're doing the splits live on the fly from your phone. Yeah,
absolutely. Yeah, I just want to thank everyone who has been boosting and even zapping Also, thanks to all the people who are yeah monitoring the audio quality like I have then messages from Mike Newman like every day about your audio and then he sends like 50,000 SATs

Yeah, that's that's the that's the Oreo. You know, you get the cream on top. You You You You say your sound sucks but here's 50,000 says Now

what what wallets? Is everybody using Adobe? Does everybody have fountain wallets? Are there still some Aldi wallets out there? What are people who say,
I'll be wallets and fountain wallets? Yeah, that's I think all of them are either one of these. I haven't seen many artists who use their own notes. But yeah, we've had some problems yesterday with all be but that has been all fixed. And yeah, it's been very smooth. Awesome.

Brother moss is out tomorrow. I'm going live at two o'clock with booster Graham ball with video. And I don't know, I may be playing songs. I don't know if you can. how that's gonna work with the splits. I mean, I'll be using my regular feed and I'll be using the split kit to broadcast Yeah,
yeah, I don't know you can also do is we have this weird thing in house where people can who are attending in person, they can go to this page, where we listen to for wallets, witches. And basically they can use any lightning wallet to send offsets to this one wallet, which then forwards the stats to all the splits. Like a split forwarding service by it's not a pure, you know, split solution. But that's the best we can do for people who don't have the podcast apps installed.

Sure What page is that?
So for example, for today, we are using Lightning dot phantom power music.io. So long URL,

is that is that what was his that was what was linked on the page? That's correct. Yeah. divinyl lounge last. Yes.
So for yesterday, it was paid.to insert.io. Yeah, which is kind of like identical service. So what happens there is on that page, we listen for a live while switching. And then we allow the people boosting to enter their name message. We generate a lightning invoice. And we also embed the split information on the all the backend API. And then once we receive the SATs, we just forward them to all the splitter Sapiens

Oh, this is interesting. Okay, so I'm on this page now. And now I'm going to pay this invoice by just scanning the QR code let me just see how that works. Is

this Is that similar to what Steven B was doing? Like in the original split kit, where you pop up a QR code sounds payment

that sounds like an actual

payment for I'm
not sure I think for the QR codes that Steven was using I think they were just redirecting to the website okay, yeah, teachers you know Connect are all be wallet because for this we need to use a wallet where we listen for the incoming payments

and once you for you you realize that we right yeah, okay.

It's not a pure Yep. So I just I just sent 10,000 SATs through the bands at Bitcoin with a lightning invoice
you go to Live dot phantom power music.io Hopefully it's that's going to show up there. Okay, let

me see. Showing up last night. I did it from the screen last night I show that pretty quick music.

So we have like, yeah, okay, yes, switching
to 15 seconds to the auto view where the individual boosts are shown. Yep, I can see Adam curry has boosting from Texas to Nashville. Wow. Thank you

picked the wrong weekend to give up weed man.

It was awesome last night like WDS had a had like a projector setup with a big screen show in the booths and zaps as they were coming in, like during the show. And you could just like stop by and grab a QR code and pay it it was it was so rad. Nice.

Okay, so this live dot phantom power music.io That's that doesn't have any of the content. It just has the boosts and the zaps that it?
Yep. Okay, so just yeah, it's just the boost board. Yeah, I want to thank Eric Pepe who helped me to, you know, oh,

crap. Hold on a second. So over at fountain.fm/live/weird URL, my booth just showed up there in the chat.
Yes. Because fountain is as sexy

that is so sexy.

That's shooting. So that's that's just the standard split. Splitting that you do when you you've converted into a lightning comment. Right. Wow. Wow. Okay. association between that is for that shows that come now the TV record? Yeah, that's going to be the biggest challenge with both 11. This

is put him on the mic, Dave?
Oh, yeah, sorry. I think this is it's good that we have this opportunity to refresh everything. Because if you take this event that's happening now, obviously, we are taking a slit in order to display those booths on our live stream page. But it doesn't really scale. Because if, you know, podcast guru wanted to also have a live stream page with all of the booths. It doesn't make sense. Okay, give podcast guru, is that right? And so I think, as we go through this exercise to try and
get Bolt 11 payments working. And it's a great opportunity to also figure this out, like how can we publish these payments in a way that any app can just go and find them all and build them into their own version of, you know, the boost will? Because also, again, that's like, you know, we have one way of
displaying it. David Ross has another way of displaying it on the fans about music, you know, maybe someone else could come in and create an even more fun way to display all of the booths that's like, encourages people to booths more so yeah, I think we should also think about that. The

first thing that pops into my head obviously is like an out of band payment proof. You know, like we've been talking about forever. Like, isn't

that what Alex gates Alex Gates has already developed that five years ago?

Yeah, that's the gap. Like, you know, we you embed take that JpT? And that, which, to me, seems like the right starting point for that, because you can you can prove the payment, what's the GPT like this JSON payment token? It's like the spec for it is on the namespace, right? And so like you, it's basically a hash of the payment, so you can prove the payment. But then you could also put, you could put the TLV information in there, God, and then you could publish it
anywhere. You could publish it to noster activity, pub, whatever, is that once it's out there, everybody can just pull from it. And you don't have to get a split. I mean, you could get us give us split. If you like, somebody, you don't, you wouldn't have to. This is

so amazing. I mean, I'm even hearing the artists on stage talking about boosts and zaps. And, and unfortunately, I heard someone say we're playing for tips. Okay. Yeah.
Trigger triggering it is

what it is. But this is this is great. This is and congratulations to the Costello's for putting all this together and at the at the Embassy Suites because I mean that that was a real challenge for them to get this all going. I think it's really great. It

was a bunch of gear there was there's like a ton of gear and stuff down there. I mean, like it was not a it's not a small setup now that they have I mean all kinds of sound and audio and the sound and video rigs and he has a big deal. I don't know that was asking a gossiper last night I'm like, is anybody who's here actually going to the Bitcoin Conference? I

mean, why bother? Why
bother very few people? Yeah. Yeah.

I mean, other than Oscars talk, I guess. Or you could be talking with what was your title? He's your talk with it

was Sam from waveline with
Sam from wavelike Jim Costello as

well. When you're talking to just get used to my music, we're talking
about me Music and value for value. Yeah,

make sure you talk about the booster grams, man. I don't want to hear too much zap talk.
No, yeah, I definitely will add them don't right. I mean, yeah, it's, I think it's gonna be a good opportunity to get the word out there about podcasting 2.0 And, you know, music, publishing via RSS feeds, because I don't think people most people don't know this is a thing. And what's been amazing about this event as well is so many people from Nashville, especially yesterday just turned off and we're like, Hey, I heard about this event. I don't really know what Bitcoin
is. Really good. I have no idea what podcasting 2.0 is, or any of this and they've been really excited about do they have an opportunity just to get the word

out in the venue? Because I can't see it on the video in the venue. They have screens with the booths and zaps coming through. Yes.
So we have two massive screens, one with the phantom power boost wall and one with the fountain. Re live page. So yeah, it looks pretty cool.

Like, like local normies showed up? Yes. Like from Nashville. Like what is this? Yeah. That's interesting. Yeah, we saw Tim Kay was here. Oh, goodness. How's

he doing?

He say he's doing great. Yeah, he's looked like he's in great spirits and was like, eager to jump back in and start doing stuff. He's like, you know, yeah, he was he like, went up to the top to like the rooftop bar thing there at the vinyl lounge and like Tim, Kay and Reuters and they're talking to each other. Hey.

You hug and kiss Roy for me. Was he wearing his his purple bath slippers and everything. The bathrobe on his little golden crown and everything. No,

no, he did not even have the gold chain running through the chest hair. So I was disappointed. Now, like, it's like classic ROI, like five minutes into it. He's like, he's like, have you read this article? About? Liquid? No, no, he's like, if you read this article about, like, tracing what's going on in Bitcoin? I was like, no, he's like, we're
all effed. We're just really gave me this big, long of this, like long article to read about how we're all Yeah, we're all after their, you know, bit governments are taking over the Bitcoin world and everything he is, I'm like, Okay, I'll go read it.

That's interesting. You know, there's a lot of talk about I was listening to our buddy there to This Week in Bitcoin, Chris. And, you know, he's not there. I think he's on vacation with his family. And, you know, so President Trump speaking tomorrow, is that still on? Is that are there any rumors that he that he will or not show? I mean, does anyone know what's

going on? Yeah, as far as I know, is still on. Yeah. Because

the rumor is now these things in my experience never come true. But the rumor is that he's gonna say, Well, you know, maybe the US should have some bitcoin in his reserves. Could you imagine if he actually said that?

I mean, I don't know. What I've been seeing. You know, this is just me misinterpreting what I'm saying. But well, I would have missed the in the last really like, since the assassination attempt is like, every time something positive happens to with a Trump thing Bitcoin goes, goes up. And then when it's negative, it goes down like they exist, demonstrably tied together at this point

that's exactly what I'm seeing too. I'm like, assassination attempt Bitcoin go, Hey, didn't die, Bitcoin goes up. Kamala Harris announces Bitcoin goes down. It's like what is happening here? Yes.

I don't know. Like, what is going to happen with this thing tomorrow? I mean, like, I'm actually a little like wig is tomorrow night. Is he?

No, no, it's when I'm, I'm doing boosted Graham ball. I'm competing with Trump. I'm going to be joining gonna
be very confused when Julie's send that email like saying Adam is going to go head to head with Trump. Yeah.

Who are you going to choose? Man? You tell me. Yeah.

Like I'm a little. I'm a little wigged out about it. I'm afraid there's going to be like black choppers and you know, the whole thing here with a lot bounced security.

Maybe. Maybe, maybe maybe Hey, Kira, and how's everything going with the value for value stuff, ma'am?
Yeah, it's great. I've had a little bit of a break for this frost.

Yeah. Yeah. A while Yeah.
Yeah. A lot longer than that. It's just traveling is fun, but also not amenable for easy podcasting. In terms of just preparation and everything. Yeah, obviously like the setup here is is fun, but it's you have to wing it. Dave make it don't make it seem like I'm a fly by the moment. You know? I'm booking hostels and last moment running across the world doing stuff, but I'm pretty planned as well. So so it's honestly I'm just taking a bit of a break after my mum passed away, but
two or three months I'm sorry to hear that brother. Just just taking some time off and yep and enjoying the world. But it's cool with the value for value stuff. It's I was I was telling with Dave, I suppose I dabble more in the, in the ship coin or a world of Ethereum and things like that. And I see people trying to say, solve the same problem, which is, you know, artists, creators have all sorts of struggling to have their own platform to can connect with our audience to monetize to do all
of these things. And that they just struggle, they come up with the wrong solution, which is, you know, we're gonna make NF TS green, this new platform, let's do this. And it's, I see this with the artist, especially musicians, for example, which is, okay, well, we'll make NF T's which are art, and they're trying to sell it like that, or no, we'll make it and this is going to be like a CD. No, well, we'll attach it to a physical
product, so there'll be utility or something. And it's like, the, the value for value is still the core concept in my eyes and in my mind of, obviously, it's the there's the monetary side of it, but it encapsulates all the other problems they're having have not been able to connect with their audience of feeling like they're talking into a void of just just getting started and getting feedback finding a way to do
that. So I Yeah, even like all the technical stuff of custodial water wallets, and you know, is lightning the way to do or will
use Bolt 11 and things like that. I feel like that's all just the technical stuff that the it'll eventually get sorted but value for value is still I still think that just a hugely powerful concept which everyone Oh, we'll find out at some point whether everyone uses it as a different matter but yeah, I think I think it's still is still as applicable as I've when I first heard you guys mentioning it in you know, three years ago that well how it was so powerful. I'm

still living on it, you know? It's the only it's the only income I have is value for value now. It's it's definitely not. Not all Satoshis Well, when
you get elected after beating Trump, I'm sure you

want to do tomorrow. Yeah, I'm gonna vote for me. Right, me and

me on camera talking all the way over here about he still uses Satoshis dust dream. Oh, really? Like, I forget that that dude even exists, man. They're still

in there, man. That's I'm happy they are. It's just like an

like a non Dutch guy. I think who like just runs. He just runs that thing in a telegram channel. He's like, he just does not care.

No, no, he does. Whilst the Dutch they do not hear
any super responsive as well. It's like you weren't. He's not promoting it or anything. But if I have any support issues, I'll message and he'll get back within 30 minutes. Nice.

Nice. I'll tell you why guys, why don't I play a song from one of the big the bigger name on the other line guys.
know we're going to another panel discussion at 2pm but it's the other side of Nashville. Oh,

yeah. No, I know. And traffic will be horrendous. It's their

it's their pre meeting with Trump. Yeah, before the station.
Dude read security check. Thanks.

Thanks so much for all you've done for this thank you for being there. Have a great conference have a lot of fun and you know, take it easy in the traffic there Nashville.
Thank you, Adam. And yeah, thanks, guys. And for anyone listening. Yeah, please do continue supporting the bands at Bitcoin live stream. The artists you know, we were watching it this morning and yesterday. They love seeing the booths come in. So like these the stream from hour to hour and support them.

All right, Dave. I'm gonna oops. Who just who just came in? That was probably a 10,000 boost. Let me see what that was. That was yes. Pay tar. 10,000 chyron rules you says all right. 10,000. Nice. I'm gonna play a song Dave. I'm gonna go on with a song. Yeah, so Dolby dust you sticking around? Yeah. Okay. Can you hear me? Yeah, I can hear ya. No problem. Yeah, no problem. I
just wanted to ask, like, why is Claritin in the bathroom?

I mean, like, he made it. I don't get that. I mean, me and Karen and Karen are sharing a room. I don't dig in that deep to see why he's in the bathroom.

All right, everybody. I'm gonna play a song. Now. Let's take a breather. I know it's very exciting. And this is Tony Salamone who is one of the artists of the bands of Bitcoin painted here on podcasting 2.0 This is the cool summer
no need to stay mister they say man burning up I got a fever goose I'm gonna chill Kusama Kusama places with some ghost in my mouth is tasty sweet faces God knows I'm burning God Kusum Kusama?

Yeah sound effects provided by Dred Scott
nice and

cool solar on your podcasting 2.0 weekly board meeting

that's a week in we know it's fun hearing that music every week and then we like we get to see a live here which is cool that's awesome that is Joe Joe Martin played last night at the vinyl lounge see as Ainsley Joe JL
just lounge us oh man

was that live as well? I missed that
yeah oh yeah but we are probably going to have a recording that you can rewatch and boost

now Dolby dasa you doing all the RSS for for this extravaganza?
So yeah, I'm doing the RSS feeds both for bands at Bitcoin and the vinyl lounge. Yeah,

dude, I appreciate you so much. That's so awesome that you fly in from from the UK as well.
Yeah, that's right. So yeah, I flew into Miami on Tuesday evening and then to Nashville on Wednesday morning.

Yes, somehow somehow Nick and Oscar got a direct flight from London to Nashville.
I mean, they're rich.

It's that VC money as what it is rolling

in dough.
They are, like so many stops to just get here.

That's a lot. That's a lot of one day countless. I wonder

who's flying direct. That must be flights they put in.

She should have heard roll, he should have her Royce flight path. I mean, he had like five different layovers. He

had to go to Abu Dhabi or something like that. And Dubai from Tel Aviv Tel Aviv. Yeah.

Yeah. I mean, he was telling me he was it was like, 20 something hours of flying or something like that. is ridiculous. Holy

cow. Yeah. So we got any, any podcasting 2.0 stuff to talk about Dave?
Before you do, can I just say all thank you all and I will be leaving because I have to put out fires if they're gonna check. But yeah, I really appreciate all of you and for all the boosting and for all the feedback. Yep. Keep that coming.

No, thank you. Dobby Das. You are you're truly the EMS, the EMS services for what's going on here.
I don't know what that means. But thank

you. Emergency Medical Services paramedic.
I hate acronyms. Both. Yeah.

All right. All right. See ya. Thanks, lb. Das take care, brother. Thanks for that. We'll see. Let's see. So after well, just you and chyron now, Dave. Yeah, Karen's in

the bathroom. And guess

he's muted himself. So I don't know what he was doing in there. But
it was getting pretty loud.

is like the this this room is killer though. Like it's like guys get tightest. Have you ever.

I've got the two pictures in the show notes. And I also put them in the in the board meeting. Yeah, I think Oscar took them.

Okay. Yeah.

I brought I brought up you guys look like clip. You guys look like a bunch of nerds. By the way. I'm just saying. I mean, you look real nerdy is awesome.

Let me know. What did you expect? Right is George Clooney?

George Clooney? He's got nothing on you guys. You got nothing. You guys. Alright, what's what clip do we have?

It's so this was a this was a spy, though Spotify as a bunch of tech earnings happened this week. You know, Google? Yeah. All that kind of stuff. And it just called this on? I guess it CNBC. Me where they were talking about a year, Google's Google missed its targets. Oh, and the blame seems to be coming from YouTube.

YouTube. Miss big. I did read a headline somewhere about that. Yeah. Yeah. And

this. Now this is a, I didn't have time to edit this clip. So we can like, but it's, it's fairly concise. And we can kind of stop it wherever. I'll kind of guide that. But so this was an interview with the guy talking about YouTube. And I just thought this by his whole sort of his whole breakdown. Is
is valuable. Because I think like so if you look at what spot what happened with Spotify, in their earnings, the thing that stood out to me was that their subscriber their subscribers grew 12% I think is the number and their revenues were up 14%. And I think that's pretty a pretty clear indication that advertising is not what is growing the pie there. That's that's not what's driving the the revenue growth. It's as subscriptions. And it seems to be the same thing. Based on what
happened this week. It seems to be the same thing with YouTube. Because Youtube is, is missing on advertising. They need subscribed, they these these companies need subscribers. That's what's going to, that's what's going to really bring in the money if the advertising is just not there. So let's we can like look at what he has to say.
Now as a result, for more on Google's digital ads story, Mark Douglas is here. He's the CEO of mountain. Mark, what jumps out to you welcome. The Well, I think there's a big misconception about YouTube in particular, which is that it's somehow connected TV. It's not, you know, YouTube, the connected TV is long form content, major networks, major shows, YouTube is short form content, podcast, user generated content, and advertisers are not as
interested. And so I think every single quarter YouTube in particular, is just shy of you know, maybe they'll hit maybe they'll miss So it's actually not unexpected. It's just that's going to continue to be the case. Probably forever. So what do you make of the other declines? We've seen some of the social media ad driven names, pins, snap, and so forth. I mean, what are your conclusions from what alphabet has been told us?
Yeah, well, that I think is entirely different. So I think you cannot read what YouTube's performance is like, you know, something like a precursor to downward pressure. I just think ultimately, advertisers are not that huge fans, a YouTube obviously has a big audience. But it has none of the qualities that big advertisers want. They want brand safe content, it's user generated content. They want long form shows where people are dying to watch. And YouTube is kind of throwaway
content for the most part. And a lot of the ad dollars on YouTube. One thing I think is also misunderstood. A lot of the ad dollars actually go to the podcast is to embed ads in their podcast, not and that money doesn't go to YouTube. So I think there's nothing to read into any drop in stocks. Actually, I've you know, I'll probably be buying today.

I'm going to stop it here for a second. Yeah, that's next. What's next is YouTube's going to say you're advertising in your in your YouTube video. We want a piece of that you watch. I

think you're right, because I see that a lot. Like there's there's two or three channels that I subscribe to on YouTube. And those all have embedded stuff in them. I mean, we already saw it with the RSS feed ingestion that they're doing they they flat out said you cannot embed ads in these in these shows. Yeah.

Joe Rogan is on megaphone, right? Man, they

cranked it up. Oh, the advertising.

Oh my Lord. Because he had Jordan Peterson on I wanted to hear that episode. So I went out to walk with Phoebe. And I'm walking the first five minutes all ads. Now it was geo targeted because he had an Austin racetrack Circuit of the Americas specific ad and then he has this dog food ad. And I'm like, Okay, and so actually Fast forward to, you know, hit the 30
seconds a couple times got into it. And then like, Okay, I'm gonna, I'm gonna turn this down really low on the on the earbuds and I'm not gonna tell Tina, that I'm listening to that as we get into bed. And it's going to be because she's got a good hearing, you know, and I usually have to crank and crank it down. And I'm like, okay, good night, good night, and I'm listening. And then, man, the same dog food ad comes back again. And I don't
think I heard anything. after that. I think it fell asleep. It was like, Holy crap. After 15 minutes, they crank up the ads, it's really destroyed. It's destructive for that kind of program.

You know, the thing this, what we've been seeing is at our house Is YouTube, because we don't subscribe to YouTube. And the the ad load and YouTube obviously is just off the chart. Now. It's you. He actually he goes further in this clip and talk some more about that, which is worth listening to. But we we've been noticing that for a while. But what's happening now is because because and this relates to something we heard this week about Google, supposedly putting into Chrome
to hide source IP addresses. Yeah. The Apple private relay. And as these as these IP addresses Get, get unreliable at the source. I'm starting to get ads in different languages. Yeah. Yeah, I'm seeing Spanish MC and Spanish language advertising. I'm in Birmingham, Alabama.

So that's almost Mexico. It's

virtually Mexico. So like, I mean, there is no reason to serve a Spanish language ad to me in Birmingham, Alabama. I can promise you that. But it's the services are so confused and unreliable. Yeah.

I and I can also see that there's let me see if I have it here. There's a there's an inventory issue. Because I'm getting a lot of people reaching out directly to me even from podcast one. Who wants to do let me see podcast one who wants to advertise?

Let me son. Oh, no agenda. Yeah,

of course, means that you have not listened to the show because clearly we don't take advertising. But here's the last. He was the last note that I got from her. Let me see. Can I get into this? Right. So this woman reaches out to me, Lindsay. What did she say she initially said. Hi, there. Okay. Hi there. I'm the developing Development Coordinator podcast.
On a full service podcast, production marketing advertising network, wanting to juice myself and personally reach out as we'd love to work with you on the no agenda podcast, our staff has been submitting their favorite podcasts your show has come up from multiple fans at our company. Well, I doubt that because anyone who was a fan of no agenda, first of all isn't a fan is a producer. And we don't take advertising and they know
it. So anyway, so I'm playing along with her. And I wind up, she's like, Well, hey, could you tell me Amen said thanks for reaching out. We've been Valley for value podcasts for almost 17 years, we take a lot of convincing for us to move to an ad based model. And she comes back and she says, hey, you know, can you tell me about your your total? Audience said, Yeah, sure. And so I sent her a link.

Yeah. Yeah. You tell you tell her, so just get the saliva going? Yes.

Yeah. No, I sent her a link to the OP three stats. Yeah. And she says, I don't know if she looked at it. But she says, Would you be able to share your average episodic downloads? We offer emojis based on those numbers?

I'm like, what's an emoji? I

took me a second. That's minimum guarantee minimum guarantee. Exactly. I'm already talking lingo with me. But I'm seeing I'm seeing a number of these coming through. And I think there's an inventory issue.

You know, so tell me what you mean that I don't quite follow?

Well, they just don't have enough podcast with with audience.

Oh, they don't have enough to sell against Yeah, they don't

have enough inventory. There's just not enough, you know, not enough AMS to complete the CPMs and by the way, you know, YouTube, from what I understand if you if you really want to look at their CPM, it's it's probably about $2

It's based on it yeah, I

mean, it's it's two to $4 CPM. And everybody is you know, and I'm sure you saw the the gun guys who have you know, like some guns and ammo YouTube show. And and YouTube just sent him a note and said not not No more No more ads on on anything with guns. You're done. Wow, ruin there. It is. See that? Yeah. ruin their business overnight. Yeah,

we know, you know, what you should do with Lindsey is you should package so like, you say, okay, yeah, you can. I'll sell you know, agenda, Mofaz podcast 2.0. And you have to buy across all those shows. Yeah, you

have to do a network buy over here. Otherwise, I won't take your network

by Yeah, and V for Van V for be with Karen down and booster grand boys get package all the 2.0 shows together. But what's

also interesting is that, and this is this is a relatively new development. But we have two producers of the no agenda show. One is Linda Lou Potkin. And the other one is Eli the coffee guy. And both of them started small businesses. So Linda Liu as she calls herself, she is now a baron. So she's supported us quite a bit. She so she sends in $200 every show, so
by the way, that's 800 bucks a month. And and she and all and she just says you know, hey, for a job resume that really hits the mark, go to Image makers Inc with a k.com and eat and she always has an a fun note to go with it. And then Eli the coffee guy has gigawatt coffee roasters.com. And he just made up this ITM 20 code for 20% off your order, and every single show. And we have no agreements, there's no there's no, in this.
This is not it's not really advertising. It's like, Hey, here's my value and mention, you know, here's a plug for my little business. And if you think about it, those two guys alone, Belinda loop Hodgkin and Eli, the coffee guy. I mean, that's like, it's like 20 grand a year. If I'm believable,

by me, it's just a bigger version of what comic strip blogger does on this show every single week. Exactly. Exactly. It's basically an ad for another for other podcasts. Yeah. And you

know, and it's like, we're not obliged to do it. We were happy to read it. We say well read your note, whatever your note is, you know, now some some people sometimes will send in like, ad copy, like we're not going to read that. We're not going to read that. We're not going to read that. And you know, as like I'm not I can still talk about my black rifle coffee which I drink you know, like, I'm not going to stop doing that. But they're they're all really happy they love it.
They love it. I guess the resume service you know, Linda Lou Pat can she says I get tons of business from the no agenda community so it's a very interesting way of how value for value seems to be morphing into these really these are micro businesses you know, these are one man shops literally. Well I did. Yearly. Your little over modulated Dave. I don't know. Yeah,

I don't know what changed there. Emma. Emma. Hi, Mikey. Yeah, you're

hot mic and a bit. Yeah.

Okay, let me let me back off. Back off. Let me decelerate. Much better. Yeah. Is that better? All right.
Adam was the all the inventory coming from from so if they've got too many ads to sell, but I used to have the impression that the like the big companies aren't selling on podcasts as in like, they're still brand safety. Yeah, I

think that's the problem. I think the brand safety issue is a big problem. I'm sure that, you know, there's going to be companies that don't care that advertise on Rogen. But and by the way, you know, who knows? Who knows how much is really going on there. I mean, you know, Joe had had a great, a great run there at Spotify with his GM, you know, his guaranteed
maximum, he was bringing in big bank, but I'm not so sure. You know, if you look at now, Tucker Carlson, who basically has the same format has, you know, a lot of the same guests and, you know, in some cases his guests are a little more relevant. He's even doing the same type of you know, big desk set up and it's a complete replica really. And he's he's doing he's not doing dynamically inserted as but he's got I don't know what's the Eric
Prince's you know, on unplugged phone or whatever. So you know, that there's something happening, which goes beyond the tradition, it's going outside of the agencies, I think it's going outside of the traditional system. And the only thing that really seems to come back to working well is people endorsing a product or talking about it in in the program all this other stuff, you know, the pure CPM type play by by the way, I also
got this was hilarious. I got a I got another solicitation, which is what the and once I get two of these, I'm like, hold on a second. Something's happening here. And it was from what's the what's the new media? What's the new media Roundtable, the media roundtable guys outfit? Called something house? It's the year each

year to my Dan Granger and yay,

yeah. What's What's his what's the name of his shop?

Oh, Oxford road.

Oxford road? Yes. Hamas.

That's his agency.

Yeah. So here it is. The from Sharon. Sharon, Sharon. Oh, wait a minute, wasn't she? I'm a senior media coordinator at Oxford road and ad agency based in Los Angeles. We work with clients like Shopify, indeed. ZocDoc and Oracle, NetSuite. We're working on a plan for NetSuite would like to clewd include no agenda? bolded. May you please direct me to your sales? Rep. We would like to get confirmation on the rates below. And, and I said, Hey, we are listener funded have been for 17
years. We don't take any ads. Funny enough. I was just on the media roundtable Podcast with your CEO talking about it. God bless. Nice. It's like so they there's an inventory issue. That's obvious. And I think chyron I think you're right, I think it does have to do with brand safety, and Garm and all that stuff. That's, that's in play. And as we know, although it's been called into question, there's really only you know, 320 350,000 podcasts that are truly active. Which, you know,
is our podcast index numbers? You know, and then, and then I hear the, you know, hear the Spotify dude, talking about, whoa, you have 6 million podcasts, we have a quarter million videos, or what does that what does that mean? A quarter million video episodes, a quarter million video shows, you know, it's like it's all real. Oh, yes. And people really like our app because we're lean back. Okay. All right, fine, fine. It sounds like crap.
is slightly off topic. But one of the things I've been noticing on YouTube so like, you know, the YouTube algorithm just gets me sometimes and I go down the rabbit hole. Yes. I've been watching like f1 TrackMania. Racing. It's a it's like a game I have no, no, I have no intention of ever playing or doing anything with but the I found the creator on the and it's really interesting watching and noticing how often
they will not say certain words sometimes now. So for example, he's interacting with his live stream, and I think it was the word. Someone said something about, like, it might have even been a book like Slaughterhouse Five or something. And he wouldn't say the word slaughter because he'd get demonetized Yeah, and um, I'm just wondering how often

Oh, no, this is a big deal. I mean, I'm seeing it even on on AIX. People won't write the word assassination they do all Asterix Oh, suicide. You know, the big one is a PDF file. That's another one that's out there. Yeah, there's PDF files all over this place like what awaits? Oh, now I see what you're talking about. Yeah. Our Asterix P E. I mean, they're literally it is the literal censorship of speech. It's amazing. What's what's going on? And then I, I'm just so happy
that we don't have to deal with that. Now.
Yeah, that that's that's one of the the huge core concepts of visa vie that drags me in, it just completely takes you away from the incentive system that that makes that necessary in the sense of if you're, if you're wanting to, you know, just earn a living through what you're creating. Yeah, exactly.

I wonder if just hearing you talk, it struck me, I wonder if the OP three list of pile of shows like public IP, three pages, I wonder if that is going to be be something that advertisers are looking at. And they're going to start reaching out to shows with, like, you see what I'm saying?

Yeah, why not? If

they're gonna start eyeballing that page? If they don't, that's dumb, it's dumb of them not to honestly. because how else would they find? I mean, how, how else is an advertiser going? Why would two advertisers find you find no agenda at the same time?

I think that just they just blanket email the list, you know, they got it from somewhere. They bought a list. You know, it's from the RSS feeds. He thinks, oh, guaranteed.

What they did there. How would they know the download numbers? See, that's that's the thing. No, no,

I sent him the the OP three link. I said, here's here's my numbers.

But you didn't get a you did not get an email from them. No, no, no facts.

No, no, you're right. You're right. I didn't what was fans within the company? Dave? Yes.

Clearly, yes. Show.

This clip this, CNBC. Yeah. Okay.
So let me separate this, then you're not necessarily saying this is a bearish development for Google. But what's even more interesting is you're saying that we shouldn't think of YouTube as this amazing destination for ads. I, I find that almost shocking, because we know it's the biggest streamer. Now, this is where all of us, myself included, spend so much of our time, there's not more power in that, although, I pay for the ad free version.
Yeah, so if you if you were not paying for the ad free version, this is what would happen. Every time a video starts. You would be hovering over your mouse to scale. And meaning every time that commercial starts. You don't get that on Peacock, you know, like your parent company. You don't get that anywhere else. It's just not it's just a totally different experience. People can ignore the eyeballs, but they don't love the ad
experience. So users don't love it. And honestly, the advertisers don't love it either. Alright, final question. We asked you to shift hats a little bit because you're also quite a heavy stock picker as you eluded you

can kill it. That was pretty much it's like he's right. You're just you're watching that countdown timer and with your hover, hovering over the skip button. Oh, yeah. So I mean, you want out of that adds so fast. It's in because they even offer it like if you're on these the other streaming services, like, you know, like Paramount plus, or something like that. There's no There's no, there's no, there's no skip. Yeah, so you're just you're just going for the ride.
But I mean, like the YouTube is, you know, we've talked about this before that we just assume that YouTube is highly profitable. On the you know, I'm not so sure that we can assume that they don't actually report profit. They only report revenue. Yeah,

I mean, it's not like that video processing and hosting is cheap for them. I mean, it's yeah, it's gonna be cheaper than you know. A podcast host doing it. Right. But yeah, I don't know Matt here let me see. On YouTube numbers don't lie.

Cuz because the other the other thing the earnings that hit today, or last night, there was another big streaming I was it was at Paramount. Can't remember one of the other big streaming company said that they had like 30% growth year over year, and they narrowed their their they narrowed their profit Miss to only 384 million for the quarter. Two. They they lost 300 million dollars for the quarter. Like, you can't that's that just seems insurmountable.

Yeah. Well, what's what's happening is you still have the podcast Industrial Press, also known as PIP. And the pips, they're still out there saying, oh, video got a video gotta go movie, everyone's doing video, which is really code for you got to go on YouTube because that's where there's still money. And that's drying up. It's just not there.

Well, Todd, you know, Todd warned about that. Forever. He's like, you're because because Rob kept challenging on his, like your day? Yeah, like, you're poor. You're poopoo and video, and everybody knows you should do video and Todd's like, hey, this, if you want to do video, that's fine. But I'm not gonna push you into it. Because, you know, a year from now, when you're losing your butt, I don't want you to blame me. Yeah. And that's what's gonna happen. Yeah.

And even from Daniel X own words, he's like, Well, you know, it's like, yeah. Or even I was hearing Sam talk about it. Sam Sethi. It's like, because, you know, he believes that his daughters are exactly what everyone does. So I said, Well, this is what the kids are doing. And he says, well, they'll start off on YouTube, but then they're cooking or doing something else. And they're just listening. Yeah, exactly. They're just listening.

Here it was, it says revenue grew year over year at NBC Universal's peacock streaming service, bringing operating losses down to 348 million. Wow.

Wow. Yeah, that's not good. Yeah. Good.

And that's before that they before they secured their 11 year deal with the NBA. Like, so there. That's not going to be cheap.

No, that's hundreds of millions. Oh, yeah. A lot of money. The

services are there, these services are never going to be profitable.

I don't think so. either. You know, if you look at Paramount, although it's being challenged, you know, didn't they just sell for like four or $5 billion for everything?

For every like the whole kit and caboodle? Yeah. I

mean, that's, that's that's not a lot of money. No,

no, not for that. I did a I did a met up with a lady from Zebedee last night. Oh, interesting. Yeah. And we're gonna try to like put a call together. She she's like, she said that, that they could definitely give us like a we want to call like a rundown like an easy to use easy to, to explain rundown for developers that want to use they beggins Ebody? Wallace? Yes.

They charge what they charge for it? Don't they charge money?

I don't think so. I thought I thought they charge

money. If they don't charge money for it, bring it on. If they'll just take a piece of the action. I

think it's just a custodial wallet, like strike and in cash app. And the rest of it?

Well, if I look at their developer page, it's like, you know, contact us if you want to use us, okay. She,

she's supposed to be sending me an email. So I'm just blown

away. Because I found him basically takes I think 4% processing, which is a lot. But you know, unless you're, unless you're a premium or premium user. But that's, you know, if they would give it away the way like Stripe does, and just take a piece of the lightning fees or whatever. I mean, I think that's the way to go. And make a lot of sense to me. It

was really cool to just see, like, I don't know, I don't know if it hit you the same way, Karen, but it was like, it was just really come into this event and seeing everything like in action. See, seeing all this stuff happening, all revolving around the podcasting 2.0 protocols that this community has built. Like, I mean, all, all of us working together over the last four years have you poured hours into
these protocols? And then and these products, and then to see that sort of like, in real life up on a stage with somebody like Joe Martin playing and booths rolling in behind me on a screen. It's awesome. It was it really, I don't think you get that opportunity in life very often to, to do something where
it makes, like this big broad impact. But in a way that's not like it's not like launching a product or something like I mean, like you, you get a real sense of giving something to, to society where it's Like you've you just, you built a protocol, not a product and you say, okay, here is this thing. You can just have it and, and then you see something done with it that makes a lot of people's lives better. Like that's not you
don't get those opportunities very much. And it was really like, I don't know, had like a little bit of a moment last night, just checking, just just seeing it all happening in person.
Yeah, for me, it just, it's almost like a confirmation that it's all real. So, yeah, the so many, so many experiences nowadays are just through the internet or through a screen or, I don't know, like a different medium whereas you go there and then you meet like McIntosh from Satoshis plebs who have been boosting in for you know, for the last two to three
years. Blueberries there and he's got as you know, crew of how many mics set up in his Airbnb, like the ridiculous thing going on, and then also being able to use it, you know, I got out my phone, you know, I'm, I'm almost, I don't want to say technologically illiterate, but when it comes to like things, I don't have much patience for stuffing around. That's why I've never gotten a node for example, but yet I could just open up a phone. I send a boost in appears on the
screen instantly. And it's like, oh, yeah, it all of this is real. And it actually works.

I can tell you this is so much like the early days of podcasting 1.0 When just people were showing up and just you know, everyone's trying to figure it out together and there was this coopetition is beautiful. It really is it's a very it's for all you young boys out there. This is very unique. Enjoy it.
I'm loving it. It's also the it reminds me that there's there's almost a hidden underbelly, because for example, for some of the shows, sometimes you'll you'll get a boost of like, I don't know, 30,000 sets or something from someone you've never heard of before. But they've probably been listening for for two to three years. Yeah, and they just reach out for that first time. So that's

very typical of value for value being the I get, I get those notes all the time, like hey, I've been listening for three years. Time for me to pony up. Now and then and then they come in and they and they make it good.

Seeing everybody in real life has been cool to like Eric peepee is like super tall with this long, flowing locks of golden hair. Oh,

real golden hair. Yeah.

And you know, Karen is six foot one handsome. And it's great credibly

rapping he's strapping Dave dashing,

dashing, yes, yes. You know, and, but you know, Burberry, like he comes in and she starts showing us these pictures of that room. There's like 30 mics in that room. It is insane. It's complete insanity doing

something like doing some kind of live thing from their their own their own live show from the hotel room.

They had they have an air b&b like 45 minutes away from Nashville. It's like a it's like the podcasting dungeon or whatever. And it is it's every no agenda stream show. Like it's it's like balls with buds. Yeah. Boop. It's grown hits. They're all in the songs.

I love that

over each other. Right.

That's so great. Fantastic. Well, why don't we thank some people let me we didn't get I don't think we got a lot of booths here today. Let me see we got I can run down the list. 777 from Dred Scott. He says when will pod verse support live wallets switching up? Okay,

getting back in the game, by the way he

is he is yeah, he's gonna rebuild from the ground up. Right. That's what I heard. Yeah, I love that. 10,000 SATs from page or 10,000 as we heard before carbon rules. We got 6069 69 from a citizen boosting this insanity. Another triple seven from Dred Scott bottle service to room 2514 Please. 26th 26th from chimp booths down under. We got 1948 from Sir Brian of London. Hey, drubbed. Sudo RM dash r star Okay, don't do that drip. No, no, I don't know what that was for. RG black
316 with 1111 Go podcasting. Oh, I see what was Dred Scott came up with an RM dash r forward slash star there. I don't know what these guys are doing. They're doing very, very evil commands. We got a mini striper boost 7777 from Dred Scott Adam loves people. No, I don't know. I don't really. Let me see and I think that's, that's all we got. Yeah, I'm hit. I hit the delimiter. So go for it. Dave What you got, though,

I guess Pay pals. This did not have a chance to print these out so I'm going to have to clumsily go through my email and read them. Michael Goggin, I'm just gonna these are all going to be together monthlies, then everything together. Okay, good. Michael Goggin $5 Thank you Michael. Charles current $5 Jorge Hernandez $5. Con glotzbach $5 Thank you, Colin. Christopher. Reamer $10 James Sullivan $10 Thank you, James. Jordan Dunnville $10 Michael Kimmerer
$5.33 Michael was the standout with it. Yeah. 33 Very nice. Yeah. drips got $15 Thank you drip and Beats Music podcasts at $17.77 with a note Oh,

there you go. Afternoon

boardroom from salty crayon. Good to hear the hot namespace talk is live in Nashville. Dave, make sure you get over to old butcher Texas slim and get in on the Kettlemans feast.

Oh yeah.

Drink that you'll never drink that beef milkshake ever again. five by five in the pipe. Go podcasting. That

is indeed podcast. That's right. The Catalans feast is in. In Nashville as well.

I don't know what this is. Please explain.

I love it when an angel walks over me. What was that hold on a second. Did

Angel get their wings? That was?

That was Sir TJ the wrathful 7777. Such a pleasure meeting everyone at the vinyl lounge last night. Hey, Adam. Joe Martin did a shout out to you during his set and the whole place went nuts. Thank you for your courage. Oh, that's nice.

He did he he gave about a three minute talk about how thankful he was that for you inventing podcasting and now forbidden any podcasting? 2.00 It's very sweet.

Oh my goodness. That's so kind. I love I love Joe Martin because he sings with a with a southern drawl. But he's British.

Yeah, it's funny.

Just Oh, let me thank Adam. Yeah,

he he said that he played a song. True. I'm struggling to remember the title. He played a song and he said that the song what that song was inspired by something that you said on booster Graham ball. Oh, about about one of his songs. Oh, goodness.

I needed I need to recording I need to find out what he said. That's cool. Very cool. What was I gonna say there was something that cattlemen faced, oh, yes, sir, Texas limb has set up this, you know, this not for profit. Beef initiative.com. And he's just been trying to get, you know, connect ranchers directly to people who need food. And he found that the first people who really understood the value concept, were Bitcoiners. So he started getting Bitcoiners to
come out. And he's been doing these mini conferences. And the Kettlemans feasts is we I think there's a small price and entrance fee. But then they basically you sit at a table and there's you know, it's just everyone gets a big piece of wax paper and just plunked down piece of beef after beef, all different kinds of cuts. They talked about what it is, it's all made there. Right on right on premises. They got cooks and chefs and all it's really, if you have time, it's really
advisable is awesome, awesome experience. Is that here in Nashville? Yeah, it's in Nashville because he did it, you know, in conjunction with the Bitcoin Conference. So

okay, Karen, we may need to go check that to

me, you will not be disappointed if you have time. You won't be disappointed. It's something too, and it's all going to be cool people. And just great beef.

Nice. Okay. I love great bass.

I've heard that about you.

Booster grams, DJ w 1976. Sets. Thank you, you found that nice says as a node runner slash payment router, I question the efficiency of sending multiple small payments versus one large payment, although the small amount that node runners received does support the network? Is it inefficient? Or is it part of the circular economy? Hmm.

Well, I think the conversation I've seen on podcasts index on social everyone is kind of an agreement that for the next phase, or how will we do these payments that it's great to track your per second or per minute value, but to send it at a batch and five minutes seems to be the consensus.

I didn't realize this so many of the podcast apps already did that.

Well, I know podcast guru does. I don't know if which other ones do it.

Fountain does. Are you sure? Yes. The Oscar so Oscar told me that they that they batch payments. Yeah, yeah.

Well, yeah, it makes sense. It makes a lot of sense.

Not 9048 from Sir Brandon. London to cast ematic he says strike not going to go away because it's a big corporation lol

yeah, by the way have put pod ping his pod ping system into the splits for 2.00 Nice so that he can test his his magical illegal gateway and money transmitter gateway and also he deserves it you know he's pod ping needs needs help and we're happy to do that.

He says like every service Google ever offered in Job Don't worry when big corporate tech screws it up and BTC fails to innovate hive will have it working.

Yeah. Yeah and I take I take that with in all seriousness, I certainly have Brian

due to s ECIL SOC s so SOC SLC two fountain 4321 says engineering remote since 2016. This podcast gives me the background conversations that I don't get any more at the office CrowdStrike info was enlightening. Always shut down my 1000 watt heater at night. Thanks for all the tech talk.
You're welcome. Oh, yeah, by Anba in the CrowdStrike you know, the follow up on CrowdStrike is they said we did not test the the updates that we pushed out because we tested them back in March and they seemed fine.
Yes, exactly.

Oh, Karen from mere mortals podcast and Karen 1111. A central Richard's the fountain he says tipping doesn't work as an example because you're already being forced to pay. And then you're being asked to give extra you would be like getting through a paywall only to be hit with a V for V pitch and asked again, at least as an Aussie this system seems bizarre.
Yeah, I can just is tipping here as bizarre. I was telling Dave as well. Basically, I'm mentally doubling every the price of everything I see here because the Aussie dollar is not as strong so $1 Us is 150 Australian, but then I'm having a basically bump that up to two because of just taxes and, and tipping which is I don't know it. Yeah, it kind of feels like I'm being I'm being shipped every time I pay. It's just
like, you're basically going on the road. I'm not paying what I think I'm paying for you know, best

so it's okay. And like that's it Karen That's the American experience. Yes, yes. Yeah,

it is. By the way Sam Sethi just came in from true fans with 1000 SATs love hearing everyone in Nashville having a great night chaps sent from the NEW NEW NEW NEW NEW NEW NEW NEW NEW NEW NEW NEW true fans wallet. Nice

guy. He's

got that up and running.

Sam is the only one missing like he's like. Where's Sam?
I don't think should be here.

He should. He should. And Steven b i miss Steven B. Yeah, be here too.

He's got a real job.
There's not enough wine here.

Hey, I've got a real job. I made it Yeah, that's true. Brown in London again 11,948 says this time to podcast do Rue all the compute ever used to validate Bitcoin as part of the security cost of break it today? At the compute used on discarded AI models. All the computer used on discarded AI models is just burned. Brian of London. Yeah,

yeah, that it's going down. I was listening to CNBC this morning in the car. And people like, no, that's the investment guys. So and he's like, you know, maybe these bigger models isn't better. And maybe it'd be better to have small, very dedicated models. I mean, model collapse is coming. That's obvious.

In Facebook, like

just released the huge lambda model, open source right here and

you could see almost, you can see almost Glee in Zuckerbergs eyes when he released it knowing that every time they do a big model release is going to screw everybody

else. Yeah, I think it's a great strategy is going to help them go bankrupt.

Is it just me or does Zuckerberg seem less autistic now than he used to be? Yes,

I think it's because he's gotten into MMA. He's doing tai chi or something. Yeah, I think he's calmed down a lot. And he's Yeah, this def I agree. I see a difference, but also, like typical for Silicon Valley. Those guys or whoever's, so it was like, they were all kind of libertarian slash Republican. Everyone was hanging out, iron Rand books and wearing Rolexes and then Obama came into office. Oh, no, I was not who we are.
All right. And they all were super Democrats. And now you know, Trump seems to be the guy is like, oh, yeah, he's badass. You know? Yeah. Trump. Yeah. They don't care. They don't care. They just they just float Whoever is the eggs, whoever is gonna give them better. You know, whoever is going to deregulate, I guess or give them, give them whatever works for them or give them a moat. Yeah. And I think Trump plays into that he's very smart to bring in JD Vance. Bringing the
Pay Pal mafia mafia through the backdoor. He knows he knows. We'll see. Comic

Strip blogger to limiter 23,000 SATs. Through Felton, he says, howdy, Dave and Adam, discover the art of podcasting with about podcasting podcast. This show offers invaluable insights, tips and techniques to elevate your podcasting game. Join them for engaging discussions, expert interviews and the latest trends in the podcasting world. Tune in now and transform your podcasting journey visit WWW dot about podcasting dot show to listen yo CSB.

Yeah, that's fun. I listened to that from time to time.

Not heard that show. Yeah. Now there's,

there's a couple of a couple of good about podcasting shows that have cropped up. Barry does one. You know, of course you have Daniel J. Lewis and Dave Jackson. Where's Dave Jackson going? By the way? Do you know where his new gig is?

I don't know. I don't know. I'm glad that. I'm glad he's okay. So it looks like you had like a nasty fall. Yeah, got beat up and stuff

was you. You look on your phone, man. Yeah. Tell you what, why don't we? Why don't we leave it at this. We'll have a more regular board meeting for next week. And I'm sure you'll have tales from from the experience there. And what are you guys doing? The rest of the afternoon tonight?

Don't know exactly. We
go motoring. Dave Sesto. Yeah, yeah, I

think we're gonna try to go find a rock climbing gym around here and do some bouldering

really? Yeah.

I do rock climbing three days a week. That's my main exercise.

You know, how could I not know this? You didn't know

this? For about a year now.
I didn't know it.

And Chiron you're, you're also a rock climber.
Oh, not really, but I'll do it. It's it's

pretty fun. Interesting.

Yeah. Yeah, do the DO I DO bouldering three times a week and then do calisthenics for the rest of my that's my exercise birth date.

Dred Scott comes in says, with triple seven. The contrast in the difference between Adams impersonation of comics or Blogger and Dave's reads of comics for Blogger are fun. Because I know what he really said, I'm coming through blogger. I don't like this your IP app not work. See

this? Because I can't do that voice because I haven't earned the right to do that voice yet. That's gonna take me another 10 years of college bloggers? Yes. All

right. All right. I'm calling have a great time there in Nashville, everybody. Make sure you I'm sorry, Karen. Yeah, I
wanted to just leave you briefly with this dispelling of the advertisers coming through RP three. And that's how they're finding you. So here's an email I received three days ago. And it says mere mortal was question mark from Jana Rose, who has the email Bell Martin Nelson. [email protected]. Hey, chyron and blank. They've just completely missed Juan's name is Jana here. I'm a huge fan of your models, your show is a
daily source of inspiration for me daily. And then unfortunately, like I'm not as big as Adam so we don't get the you know, the advertising. The mg the GM get no minimum guarantees. So instead we get our guests pitches and I have Ganesh Venkata Mannan something like that. And who Oh, the guests all sorts of amazing things. Yeah. And a new book out so I'm Yeah, I don't think they found it found us through.

I have so many of these guests pitches. It's hilarious. I now they just send them to spam now, you know, because they come in with different email addresses. You can't filter them out. You know, it's and it's all like that. It looks like you know, just a regular email at first like, oh, Adams. Oh, and then the go to the bottom PR agency like, okay, yeah. Thanks a lot. Thanks a lot for polluting my inbox.

That need you know what I need for these things in the future? I was I've absolutely got to get one of these audio sigma things. I would have been the perfect solution for this.

Yeah, particularly the dual mic one.

Yes. The the mic, pod Mobile POD mobile. Yeah,

the pod mobile. I gotta tell you it's an it's an amazing device. Protect Clearly the mean, just for making you sound good on any kind of mic, the preamps he's got the D noise or the noise gate. All that stuff in there. It's amazing. It really is Fernando came to this country output. Yeah. came to this country with 100 bucks in his pocket. Yeah,

I'm totally bought one of these because before I come to one of these events again,

it's it's worth it. It's well worth it. He
was from Brazil was Adam.

I, yes, Argentina is in prison. Now. I

think he I think he's from Brazil. Okay, cool. I'll ask him. And he's looking for a wife. Just say that

you're really helping him out on this show.

I'm doing anything I can for this guy. I love my brother over there. Marian. Hey guys. Have a great time there. We'll talk to you next week. All right. Thank you boardrooms See you next time.
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