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[1834.42 --> 1835.36] $340 million.
[1835.78 --> 1845.74] Though it should be noted that given how much less cryptocurrencies were worth in 2014, that proportionally this is a smaller impact.
[1845.78 --> 1850.86] If you convert up Mt. Gox's theft to what it would be valued at now.
[1850.96 --> 1851.22] Yeah.
[1851.34 --> 1852.48] Or especially a month ago.
[1853.42 --> 1853.70] Yeah.
[1853.92 --> 1854.18] Yeah.
[1855.64 --> 1857.30] So that's a thing that happened.
[1857.30 --> 1866.12] And, you know, as usual, you're going to have people on all sides of this whole crypto thing that's going on here.
[1866.96 --> 1869.06] The bottom line is this.
[1869.26 --> 1871.50] You know, I don't think either of us is anti-crypto.
[1872.62 --> 1873.84] Are you anti-crypto?
[1873.84 --> 1878.52] I recognize a lot of the bad things that are associated with it.
[1879.42 --> 1882.76] Crypto as a whole, I think, is actually really good.
[1882.88 --> 1883.66] I don't know if you've heard what...
[1883.66 --> 1884.60] You mean blockchain technology in general.
[1884.60 --> 1885.58] Blockchain technology, yeah.
[1885.72 --> 1887.64] I don't know if you've heard what the Canadian government's planning on doing with it.
[1887.64 --> 1888.50] I did, actually.
[1888.68 --> 1889.50] That's super cool.
[1889.66 --> 1890.48] Do you want to...
[1890.48 --> 1893.88] So, okay, I only know rough details about this, so I could get some of it wrong.
[1893.96 --> 1895.22] It's not a topic for this week.
[1895.32 --> 1903.70] But the Canadian government has spoken publicly about the interest of adopting blockchain technology for some of its internal spending of tax money.
[1903.80 --> 1903.92] Yeah.
[1904.42 --> 1908.32] So you can see where tax money is being spent and how it's being spent.
[1908.64 --> 1913.52] That is awesome because I have said my entire life that I personally...
[1913.52 --> 1918.22] I'm going to show slight amounts of political alignment here, but I have no issue with...
[1918.22 --> 1918.34] You don't work here anymore.
[1918.42 --> 1918.90] What am I going to do?
[1918.94 --> 1919.30] Fire you?
[1919.30 --> 1919.60] Hey.
[1919.82 --> 1920.06] Hey.
[1920.06 --> 1924.54] I have no issue, really, with taxes, but I would like to know what my taxes are going towards.
[1924.62 --> 1924.74] Yeah.
[1924.80 --> 1930.66] It's annoying having a whole bunch of money taken from you and being like, I have no idea what I just improved.
[1930.94 --> 1934.76] Because it's cool to think of, like, I am contributing to society with this money.
[1934.86 --> 1935.06] Yeah.
[1935.20 --> 1937.60] But it would be nice to be able to be like, oh, there it goes.
[1938.00 --> 1941.80] Oh, it helped fix that road or it contributed to that school.
[1941.98 --> 1943.12] That would be a lot more fulfilling.
[1943.26 --> 1945.98] X percentage of it went to federal issues.
[1946.18 --> 1947.76] Y percentage of it went to local issues.
[1947.76 --> 1954.02] You know, that would really give me a better idea of, you know, what I would want to say at a town hall meeting or whatever else.
[1954.36 --> 1960.18] And like, sure, maybe some of it went towards Trudeau's lunch when he was on a trip.
[1960.24 --> 1961.42] That has to be paid for somehow.
[1961.58 --> 1963.10] I'm not going to feel bad about that.
[1963.18 --> 1964.56] I just want to know what it's doing.
[1964.70 --> 1966.28] It'll feel cool if I can know what it's doing.
[1966.28 --> 1968.64] Mr. Nix's post in chat.
[1968.72 --> 1969.18] This is funny.
[1970.80 --> 1974.80] But I think both of us hold crypto.
[1975.16 --> 1977.56] I'm long a couple of different currencies.
[1978.80 --> 1980.36] So take that for what it is.
[1980.36 --> 1986.00] But Mr. Nix's post here in the forum basically sums up the biggest problem with it right now.
[1986.68 --> 1988.50] Wow, that's worth $100,000.
[1989.00 --> 1991.16] I hope you know what to do with your $47,000.
[1991.66 --> 1994.40] If you want, go ahead and spend that $203,000.
[1998.78 --> 2001.30] The volatility is real.
[2001.54 --> 2001.74] Oh, yeah.
[2001.74 --> 2009.62] And the lack of regulation, something that gets pitched as a benefit of cryptocurrency is also a huge problem.
[2009.78 --> 2009.86] Yeah.
[2010.36 --> 2014.22] Because there's no, well, there's no regulation.
[2014.94 --> 2018.42] And there's great things that come with that and there's terrible things that come with that.
[2018.44 --> 2019.70] There's terrible things that come with that.
[2019.78 --> 2026.10] There's basically no, there's no laws that prevent people from manipulating this much smaller and easier to manipulate market.
[2026.20 --> 2027.60] And oh, damn, has it happened.
[2028.02 --> 2028.42] Yeah.
[2028.44 --> 2028.88] A lot.
[2028.88 --> 2033.08] I mean, there was that recent example with, was it, which one's the bad one?
[2033.18 --> 2033.84] Bitcoin gold?
[2034.44 --> 2036.20] Oh, let's see.
[2036.32 --> 2037.02] Gold or cash?
[2037.10 --> 2039.16] Which one was the one that was particularly brutal?
[2039.26 --> 2042.06] I don't remember which one, but the coin itself wasn't the problem.
[2042.44 --> 2042.68] Yeah.
[2042.68 --> 2050.82] It was how it was set up and how it was promoted and how the other coins were temporarily abused around its inauguration.
[2051.22 --> 2052.60] The coin itself was not a problem.
[2052.88 --> 2056.60] It was the things that would not be legal in normal markets that happened around it.
[2056.70 --> 2057.84] Blah, blah, blah, blah, blah, blah, blah, blah, blah.
[2057.84 --> 2059.52] But I don't, I think it's cash.
[2059.60 --> 2060.32] I don't even remember.
[2060.36 --> 2060.86] I don't remember.
[2061.02 --> 2061.40] Sorry, guys.
[2061.42 --> 2062.86] People are saying it was Bitcoin cash.
[2063.20 --> 2063.50] Yeah.
[2063.96 --> 2064.32] Yeah.
[2064.48 --> 2064.68] Yeah.
[2064.80 --> 2069.46] So, you know, I think we should, we should consider doing our own coin.
[2070.54 --> 2071.22] So this is, yeah.
[2072.30 --> 2072.66] Yeah.
[2073.08 --> 2075.72] We should, seriously, as part of mining adventure.
[2075.72 --> 2077.94] Oh, I just got stress pains in my neck.
[2077.94 --> 2083.82] As part of mining adventure, we should do, we should be like, here's all the ways this can be manipulated.
[2084.84 --> 2085.76] We're doing it.
[2085.76 --> 2086.26] So you should, you should.
[2086.26 --> 2086.88] Don't buy this.
[2087.32 --> 2087.48] Yeah.
[2087.52 --> 2090.26] You should list out, like, these are all the potential things that we could do.
[2090.34 --> 2090.54] Yeah.