"Welcome to the state podcast. And uh so Arjun, you are 22. >> I'm 19. >> You're 19. Okay. So 19 means you were born in 2006. So you were born 5 years after 9/11. The financial crisis, you were only li..."

"know that kind of life >> it's like if it's only a canalized path you want to have some options that's yeah so anyway I got completely radicalized I guess I would say and then um >> you got woke no ex..."

"think privacy is super important. Like I don't dox my location anymore. You know I used to when I was a kid, right? >> Uh didn't really realize >> the downside of it. >> Yeah. Yeah. But then now you k..."

"paper MIT published something that said um that China killed a bunch of American spies in 2010. Japan could never do that. So that's why China, that's another way of looking at it. So, you know, obvio..."

"sympathetic to them but they've basically been saying oh lightning lightning is going to be there any day now for 10 years literally 10 years of Lightning. And the thing about it is when you press the..."

"uh it could be offchain or it could be a very quick Coinbase Binance like you know daily or nightly or whatever hourly settlement, however they decide to do it. But if they have an agreement, they hav..."

"that though the thing is L2s were fine as a hack they were more successful on Ethereum than they were in in Bitcoin like base and polygon were actually quite important are important but really the sal..."

"And it seemed for a long time like people could do without privacy or or rather it wasn't like it wasn't as important as scalable so people thought. But now we have all of these attacks on people for ..."

"advance to jump on a flight to go. So mean it takes away all spur of the moment. It's like this enormous tax of time and energy. You can get rejected for that visa. It's often not awarded. >> So havin..."

"also, right? And there was it was good in a lot of ways. They nailed the cryptography. They were very smart. They were playing the long game. All that kind of stuff. But you need the right equilibrium..."

"it's actually >> interesting question. Yeah. So the thing is I mean one thing to not underestimate is like Bitcoin has like an insane brand right it has been I mean one way of putting it is there's a ..."

"and privacy are actually both useful things right and for Kelly to be able to prove that he has this amount of bitcoin reserves is actually useful for him at times right um if he can secure the privat..."

"could show a script that just simple just showed how many BTC there were. You can't say how many ETH there are, right? You can say how many transparenc there are. Um, and certainly that's an upper bou..."