00:00 to 1:09:45
Intro: Hi everyone this is Charles Hoskinson broadcasting live from warm sunny Colorado. I have been working all day finally finished but up since early this morning. it's now 1105 and i was gonna go to bed but it i love my community. i love you guys and i figured why not go do a night AMA so the Europeans uh who are enjoying their weekend and the asians who never get to attend these things live can actually attend these things live. How about that? We're gonna have an end of the week update here next week uh and lots to say merry hard fork is coming up in February. Really cool things to do there. Going to enjoy it gonna have some fun with it a huge amount of software updates going through no one is sleeping i thought we'd get back to a sustainable workflow but uh it is what it is and we're getting it done though we're moving as fast as we can and we're certainly getting the updates every week to two weeks something's coming out pretty exhausting right now it's going to be a long brutal few months as we keep turning things on and we get things out i just got my demo today for the native multi-asset experience in Daedalus and i said boy it'd be really cool to take it to the mint network and have people take a look at that see if they like it uh because Daedalus is now going from a single asset wallet ada to a wallet that can contain multiple assets whatever people issue and i i like the interface but i think we can do even better and i said well there's 150 tokens that were issued on the devnet excuse me on the mint network so why don't you go talk to those guys who are issuing those tokens uh and see if they like the experience too and so we're going to be doing a lot of cool stuff with flight in the coming months a lot of smart contract things are coming but overall you know next week you guys are going to get a really great update and uh it's going to be fun ETC i finally had a chance to talk to the Lunatec team they've been getting their feet wet in the new project manager new product manager uh and they should have some cool stuff to report towards the end of the month a lot of improvements optimizations technical debt reductions automated testing uh you know it's it's a big pile of work to get mantis to a production client it's great proof of concept uh but mantis in no way is uh ready for prime time so this quarter is all about doing that all right could go on forever about all these updates but it wouldn't be an ama if i'm just talking be a lot more fun if you guys ask me questions so why don't we get to that i have my atlantic water it's actually alkaline water it's good stuff they say you absorb it fast or whatever i just like the taste of it.
Question: I hope that is vodka in the bottle.
Answer: I wish there's nothing that gets you off more than uh exhaustion and unfortunately i've gotten to the point where it's going to be a little hard to get sleep so i said screw it let's uh let's just talk to you guys.
Question: I just watched your last interview with forecast news amazing as usual
Answer: I think i did that interview two or three weeks ago but sometimes they immediately release it sometimes they sit on it for a little bit and it had been long enough time that i'd forgotten about it and i said oh man that'd be uh yeah and then it just comes out and i said oh yeah okay and then people say i was saying i'm real fun and excited about fortune 500 companies and i don't remember exactly saying that so i'm gonna have to go back to that part of the interview and see uh see what i said but i was making a point that if you want to attract the fortune 500 you probably should get adoption using utility in the developing world because it creates new customer customer base for them you can't just directly approach the fortune 500 but i'll have to go back and watch it again but it was a fun interview i really liked the interviewer i forget her name but i've met her a few times uh and i always run into our conferences and we've done i think three interviews total and they've all been great interviews i've had a lot of fun with them.
Question: Good morning when will you be in Okinawa?
Answer: Um so i'm going to go back to japan and it's kind of a closing of the 2020 contract so we start from where we were in 2015 to what we accomplished in 2020 and part of the tour starting from Hokkaido all the way down to Okinawa is a celebration of what we accomplished and the next part of the tour is to talk about what we'd like to do over the next five years and it's basically an opportunity for people to vote and uh decide if that vision makes sense or if they want to do something else and we'll make the case that there's a lot more to do it's kind of like running for re-election you know you kind of go over what you did over your term and you talk about the things you plan to do with the next one uh that said we are waiting for more news about covid um the united states borders are locked down japan borders are mostly locked down and vaccinations are getting uh into the global commons but they haven't quite gotten to a level yet that is substantively affecting the infection rates so we're right now in the third wave of coping and as a consequence the hospitals are at capacity and it's real tough for a lot of people uh so as soon as that recedes a little bit uh we'll go ahead and go to japan and we can actually have gatherings we'll go to japan so the big thing is going to be the Olympics I'm still waiting to see exactly what happens there and when it's okay to have larger gatherings in japan and when japan has a higher vaccination rate uh so we'll we'll see so we haven't quite planned that trip out I'd love to in June but it might actually take a few more months just depending on vaccine distribution and uh what the Japanese government decides as well as what's going on in the united states and what the u.s government decides at the moment we're on lockdown in terms of international travel i can't fly to Canada i can't fly abroad so even if i wanted to be in Okinawa i can't quite get there yet.
Question: What's in your pocket it's like what's in your wallet
Answer: uh these are Lamy pens i always try to carry two of them.
Question: What is easy to start developing on Cardano i'm a senior computer science and i will be applying to graduate school in the fall.
Answer: Well i don't know what your emphasis in computer science was but i'll assume you had a standard American computer science education. So you took a course in algorithms, you took a course in programming languages, you know a little bit about databases and networks you did all the standard cs courses you did some discrete math, you probably did calculus in these things and so yeah it got a bright enough head that you're capable of handling some level of rigor you're probably pretty proficient developer in a standard language like java or c plus plus or c sharp uh depending upon your curriculum you probably know a little bit about web applications and javascript and you know that got prepared to learn about full stack development and you probably learned a little bit about qa and you know these other things. So if you have a standard imperative cs education meaning you learned object-oriented programming and you learned about a pair of languages like java then probably your best bet is to start with Ethereum and their stack learn a little bit about that so mastering Ethereum is a good book it was co-authored by Gavin Wood and Andreas Antonopoulos uh and there's lots of great guides and tutorials and it gets your head into the whole dap mindset and learn about how to do the on-chain and off-chain stuff and there's great tutorials there then take all of those skills and instead of deploying to the Ethereum test net deploy to the Cardano Ethereum devnet uh and actually build there now if you're really keen to start working with plutus the best thing you can do and it's going to take you probably two to three months to get through it depending upon your schedule is read the Haskell book uh just go to thehaskellbook.com it's like 40 or 50 bucks it's over a thousand pages long and it's an incredibly comprehensive introduction to haskell and as a consequence of that you'll be well suited for plutus after the mary hard fork were all hands on deck focused on the plutus test net that will be the thing we use to get to the plutus main net uh and that's going to move very quickly we're going to be acid testing it i'm trying very hard to get good pedagogy for plutus out. There's certainly a lot of stuff for writing for native assets multi-asset and that's closely related to the whole pollutus development experience so if you're complete neofights a smart contract start with Ethereum and then test that on our stack it's just better faster cheaper if you actually know a little bit about that model and or or you've had uh pre-existing training and functional programming and you feel pretty confident with Haskell then there are some udemy classes that we created for pollutus but we don't quite have that development experience up yet. It's not coming too long from now it's imminent it's like it's within 45 days that's pretty reasonable uh but that pedagogy is not where it needs to be. It's a big focus of ours late Q1 and all throughout Q2 to get that pedagogy where it needs to be and what i'd like is to be able to just have a turnkey solution say go do this go go read this book and then you're good to go but at the moment you can write apps and glow you can write apps in yellow you can write apps in Ethereum and of course at some point you'll be able to write Marlo and Plutus probably start with Ethereum first because it's the broadest reference set. I think there are over 3400 dapps that they're floating around that you can analyze and so good to get some inspiration about what people are doing why they're doing it where they're going with it.
Question: Charles what are your thoughts about Joe Biden being 78 and signing docs you can't even read.
Answer: Most American presidents for a long time have been signing documents that they don't read and other people read for them and tell them it's a good idea to sign it. The prior administration did that for four years and i'm willing to wage the administration before that and the administration before that and the administration before that was also citing documents that they didn't read. There is just no way a human being can read thousands of pages of technical prose every day and parse and understand the implications of all of it and keep it in context of a multi-million page ecosystem. Welcome to the machine
Question: Hi charles have you read the creature from jekyll island.
Answer: it's a very famous book talks about the federal reserve system and some of the history behind it from a very creative viewpoint uh yes it's one of several books the other one is secrets of the temple it's a little old i wish they would create a new edition of it that came out in the 1980s.
Question: Charles are you optimistic about the Biden administration for crypto currencies.
Answer: It's a mixed bag uh Yellen has said some slightly negative things she's 74 years old her prior government role before she left government was the head of the federal reserve where our industry spent quite a bit of a time attacking her and the fed so i imagine her only exposure to us has been negative interactions uh that said she's just getting up to speed and Gensler is a domain expert cryptocurrencies and uh Brummer is uh the other guy he's at the CFTC Gensler is at the securities exchange commission those two roles are very crypto friendly or at the very least crypto aware and i think they understand the implications of attacking our industry on the growth of the American fintech economy. So, frankly i feel that there's going to be some good some bad some policies we don't like some policies actually make sense fenhub now reports directly to the chairman for example uh and there's a lot of activities that are occurring that actually are pretty productive and positive for crypto uh however tax policies probably not going to be very favorable or nice for us and i also do believe there's going to be a tightening of kyc so know your customer regulations are going to be pushed to the extent where identity gets connected to wallets and transactions it is what it is you know you take the good with the bad.
Question: Charles do you speak any other languages?
Answer: No, I barely speak english.
Question: How's your game going?
Answer: I haven't had time to work on it too much but i do actually write part of the plot every day i think i have the thing for that oh yeah on this trusty yellow part right here i i won't i won't show you guys too much of the yellow pad because i have some plot details on it but i try to write one or two pages every day and i'm kind of old school i use chalkboard still and i write things down still and so forth and so uh one of these days i'll transcribe it to a google document start collaborating with a friend family friend who worked with Gary Guygax but i got a really good plot for it i'm very happy about it um and i like the direction it's going unfortunately legends of valor the gameplay mechanics are just terrible there's no leveling system no experience system no skill system a very primitive combat system very primitive magic system no quest system no general system a really primitive mapping system uh there's no notion of armor or protective gear i mean you have it but it doesn't seem to do anything uh yeah it's uh it's a pretty pretty blue sky you know you have a lot of options to do stuff so the problem is i'm not an expert designing gameplay systems um i've looked at some off-shelf things like pathfinder and i really like monty cook's arcana evolved i thought that was a really cool system and there are some open systems like open D20 for example punch third editions dnd and pathfinder were based but to be honest those systems don't port super well to video games um and i don't think that would be the right system for legends of valor so something has to be created that is a little bit more RTSC or a little bit more FPSC uh you know you can think of systems that do that well like uh the elder scrolls series or gothic or these things uh but yeah it's gonna be definitely a long haul and i need to start bringing some domain people in uh working with them but i just think i just haven't had the time i had after it was all sent up 51 hours of meetings just meetings this week a lot of stuff going on and all of them were Cardano related except for two so there you go.
Question: will you ever purchase a soccer team with ben gortzel?
Answer: I didn't know that ben was in my mood to do that i'm going to be doing an interview with him very soon i think the topic is going to be about decentralized social networks he wrote a coin desk op-ed uh and uh i was thinking about buying a soccer team down in Uganda uh the Jinja hippos and we were very close to the acquisition then corona hit and i said all right let's hold off until next year and then we'll see where everything's at because that kind of decimated that whole industry but um it's a a curious passion of mine because it's a great way of testing on fungible assets advertising a great way of looking at cool use cases and applications uh for uh sports and the cost was incredibly low i think forty thousand dollars or fifty thousand dollars or something like that and okay that's not you know insignificant money but let's be honest here sports teams are generally in the millions or tens of millions minimum so when you talk about being able to acquire something at that price point and then come in and introduce a whole crypto layer to it uh it's a great proof of concept as a product stub for how uh cryptocurrencies could be applied to sports in general and all dimensions of sports from concessions to uh advertising to player tokenization to trading uh and uh and so forth so i thought it would be really really cool to do something in Africa with that and if it was successful then actually make some deals with people to build a pan-african crypto soccer league uh and then have them kind of play up against each other and and hopefully people could watch and then uh we could record all the games in 4k and very least have some fun with that. I after American football got so political i decided to exile um if Brady gets to the super bowl i might watch that because he's grandfathered in but i don't want to watch football anymore basketball anymore i'm just done with it so i said i gotta go do something else and you know soccer seems to be a pretty global sport so i think i can get into that but no i haven't um haven't done it yet i was going to do it last year and i'm sad we haven't gotten around to it the island is misfit toys
Question: Thoughts on hacking tractors to avoid subscription fees on the product you own yeah actually i just found out my hp printer has a subscription and they can remotely disable my uh printer cartridges there's a great movement here called right to repair and it's definitely an issue it used to be when my grandfather was around uh he would fix anything like he had a toaster or an oven or an appliance like a vacuum cleaner they would come with schematics and diagrams and there was a whole industry around repairing things and that was just kind of how it worked and now we're moving to the age of buy and throw away so your cell phones your computers your tablets your cars much more difficult to fix and in some cases impossible to fix by design uh or you have to use a very specific authorized center to do so and now we're seeing this extend where uh tractors and other such things which were very commonly maintained and built up by farmers they now can be remotely disabled or you have to pay a cloud service fee to be able to use things or you can't replace parts that are non-genuine it's uh it's a really tough situation right now and there's a whole right to repair movement if you guys are curious about it i i would go to youtube and type in right to repair introduction and there's some great videos that talk about the movement what's going on and it's just an extension of what happens when companies decide to be anti-consumer and there's not proper regulation but i do believe that competition can get our way out of it it's actually a competitive edge to say that you have the right to repair it's a feature of a product kind of like sustainable or carbon neutral you put right to repair on that.
Question: Charles quick one tesla or edison?
Answer: Both of them, i love them both, Edison was the business guy Tesla was the genius if they had found a way to work together productively they could own half the world but because they separated it was like when the Beatles broke up. It was a loss to everybody.
Question: Soccer is an awesome sport.
Answer: You know, a lot of people tell me that i grew up in Hawaii you know it's not exactly a big soccer place we we were really good with football we had the Hawaii warriors and watch those and when i was a little kid the high school that i grew up nearby had the sabres and they went to the state championship and did very well i really enjoyed watching those games they were a lot of fun i was i was only like five or six years old so a lot more football friendly and the American football friendly but soccer definitely is a hell of a sport and i guess i have to learn everything about it and then i'll have strong opinions about players and everything i'll just i'll just get random fights with people at the airport it's going to be fun.
Question: When Africa special
Answer: We're putting together a pretty good show schedule but we're waiting on certain government actors in order to make an announcement so some of it's us some of it's them and we'll just see where we're at it's a patience game when you do business in Africa it is a there's something called Africa time so i'll i'll tell the story i was in Rwanda one time years ago and i was supposed to meet a guy at um one o'clock and he said yeah i wanted one o'clock and he's and i said okay so i'm sitting there at a cafe just honestly i show up 15 minutes early because i didn't want to be late for the meeting because the person was pretty prominent and i'm sitting there i'm waiting and i'm waiting and i'm waiting and it goes to two o'clock and it goes to three o'clock and four o'clock and i'm thinking god how did i miss this time i mean he certainly couldn't have blown me off at five o'clock and i didn't really have a ride back you know until later so eventually 6 30 i'm just about to leave and he shows up and and he says hey hey you're glad i caught you and sits down and i said well you're a little late he said oh no that was one o'clock africa time [Laughter] so i guess he's early um they just do things a little differently there and it sometimes takes a little longer but that's okay good things come to those who wait so i really enjoy it other countries are super schedule conscious like japan they tell you one o'clock you show up at 12 30 and you apologize for being late.
Question: Does Cardano need roll ups or dk roll ups?
Answer: Well eventually we'll get them. All cryptocurrencies will get them at some point and uh you know there's some good work that's being done on Ethereum and Starkware with stark decks and these other things are doing some really interesting things. We do some work as well.
Question: Did you end up upscaling that interview into 4k i tried i got a 4k upscale application and it was 360p and so i ran it and said oh it'll take 16 hours and i was doing this on my Ryzen system my 3950x with 256 gigabytes of ram and this really powerful graphics card a 2820 ti so really top spec computer and still said 16 hours i said well okay it's an upscale from 360 to 4k. So i left the computer on overnight i come in the morning in the office i open up the video and i look like um the rock from the scorpion king you know the really bad cgi and i was like okay this 4k upscale did not work at all. So i called a friend of mine who does av work and and he's like you know that's a very complicated thing 4k upscaling and i was like really i thought it was just you put in the app you click a button and it's done he's like no no no there's like 12 algorithms and you usually have to mix and match them and then you sometimes have to walk it up so you go through 360 to 480 then you do some polishing and touching and then you go from 480 to 720 and it takes days to be able to do a 4k job man days and i'm still skeptical i still think there exists a application that i can put it in or i think what'll end up happening is there's going to be a cloud service i can find that is mechanical turk where i upload the video they use ai and they have some guy in the Philippines do it and they charge me a hundred bucks or something but it was such a good interview i'd love to uh upscale it that'd be a lot of fun.
Question: Best island to visit Hawaii?
Answer: uh that is the island of maui i was born on maui grew up in this little town right in the east side.
Question: Would you go on Joe Rogan?
Answer: You know of course if invited we often say rogan after Gogan we need to get a little bit more process.
Question: Hey Charles are you a fan of Tool?
Answer: No, Tool to me sounds like transformers having sex with garbage cans
Question: Da Vinci or Michelangelo?
Answer: Da Vinci
Question: What on earth are you doing on that computer?
Answer: Well obviously i am upscaling videos from 360 to 4k and not having a good time with it.
Question: How are the discussions with celsius going?
Answer: Yeah, great, We actually had a meeting with Nuke today who's the CTO and it was an all hands on deck thing. Jerry was there, i was there and uh Mashinsky was a little busy but we got a chance to talk to their team and there are certainly a lot of things to discuss. So, like all of these things uh it's like with singularity for example there's a lot of things under the iceberg that we have to kind of go through and it'll be weeks or months before you see an output. Uh, but i really like that team they're very nice guys uh we shared our love of tel aviv uh and i think this is gonna be a very good collaboration we're both gonna learn a lot from each other.
Question: Android or apple
Answer: Android i'm a note user.
Question: Playing any games right now?
Answer: No, i have not had the time to really get into that um the last game i actually played briefly was outside of legends of valor i replayed the game just to make notes about certain things the last thing i played with arcanum i love that game i really do and it's a shame that troika went out of business because they were going to make a sequel and i'm very sad about that.
Question: We love Ron Paul
Answer: I love him too 85 years old still going strong post stroke he's a tough guy and he's one of the greatest Americans of the 20th century and it's gonna be real real sad when he dies.
Question: IOTA
Answer: i'm still waiting on a call with Dominic we'll see what my schedule looks like next week maybe we do maybe baby.
Question: Check out the game mechanics on hyperescape sounds close to what you're looking for
Answer: well thank you so much.
Question: Ferrari, Lambo or Porsche the cross the girls or the cars?
Answer: Uh, Lambo. It's the way to go.
Question: What do you think of the comparison between you and Steve Jobs?
Answer: i think it's a very unfair comparison i you know i'm Charles Hoskinson i'm a completely different person and you know i just wake up every day and i try to do good job. And, I love what i do. I love my company. I love my employees. I love our contractors and I love you guys the community and what gets me up every morning is the chance i have to innovate and the chance i have build things and do things and think and i i have so many papers to read so many things to accomplish well just the other day we had Kevin Buzzard come and give a lecture at our um company and he was talking about you mechanizing mathematics and lean i'm actually not going to go to bed after i finish this AMA even if it ends up closing at 2 a.m i have one more email to write it's the last thing on my long to do list i was in the mailing group of the lean mailing group and i said hey i'm very interested in financing a textbook for undergraduate math students to formalize mathematics using lean and i'm willing to pay a expert in the lean community with a math background to work with some people in my company probably Jared and Paulina and Lars to write that textbook it'll take six months to 12 months it's a side project and the textbook will be released under a creative commons license. The common thread that Steve and i have is that we both wore eyewear and he wore his passions on our sleeves and we follow the things that we love and we don't apologize for that and of course we have our fair share of critics who harshly criticize us but that's about it where personalities are totally different goals and means are totally different i would like before i die to see the foundations of mathematics reconstructed and for math to be computer understandable and for mathematicians to write computer proofs aided by uh right proofs aided by computers i'd like before i die to see the birth of a world financial operating system to say that i had a meaningful role in the creation of that i'd like before i die to see all of the developing world merge with the develop world and for everyone to have equal access to financial services and i'd like before i die for libertarian principles to become more commonplace and for us to avoid the the social credit dystopia. There's a lot of side projects like love video games and it'd be fun to tell great stories through that medium and there's plenty of good games i could make. You know i really enjoy agriculture i had so cool to see firms like plenty and these incredible vertical farming experiences and all the ag tech stuff that is going on and i love growing things i enjoy owning a farm i grow hay every year and i raise bed gardens and so forth. So there's hundreds of little things like that and those are deeply meaningful to me and i'm sure that Steve Jobs had tons of things that were deeply meaningful to him. But we all find our own meaning purpose in life and he certainly did and i certainly have for me and i'm not here to be him and i'm here to be me and enjoy my life and it just so happens every now and then i do things that are useful to you guys and that's a good thing.
Question: What's in your garden?
Answer: uh right now artichoke i've planted some pumpkins and watermelons the pumpkin harvest was great had a pumping uh cutting party for uh for halloween that was a lot of fun pumpkin uh carving party excuse me. Uh I got some i think it was cucumbers in there eggplant and uh some onions lettuce yeah there was a whole cacophony of things i had a bunch of pepper plants that i grew jalapeno peppers that i grew hydroponically and then i took them from the hydroponic setup and planted them and i was actually surprised they survived. Then i had to put a bunch of buggies in there so put some worms in the soil some ladybugs gonna get some praying mantises next year that'd be a lot of fun.
Question: What do you think about the new corvette c8 design?
Answer: I assume you're talking about the mid-engine corvettes yeah they said boy we got to get in on that Lamborghini action so it's basically a poor man's Huracan probably as fast too great cars i like gm they make good stuff
Question: Is Daedalus compatible with the new m1 macbooks.
Answer: I actually have one right there bought it testing it out um maybe i don't believe officially though we have to talk about it there's some Haskell to ARM stuff that has to be worked out but uh over time i believe so yes there's a large enough Haskell arm community that develop on MacBooks that everything should work and i believe through their um i think they also call it rosetta uh that you can run a legacy mac application it'll run on the m1 notebook so yes probably through emulation but i don't believe it's native compiled yet so you should be able to run it as a traditional x86 application and it should run but uh i'll install it at some point on that MacBook and we'll see if it works but i don't see any reason why it wouldn't it's just it's not compiled to uh to natively run.
Question: Is there a dependent type version of ADA
Answer: That depends on what you mean one of these days we should rewrite everything in interest just to make you bastards happy. Yeah, you always get haunted as a CEO of all the decisions you've made and what could you have done differently and you know it is what it is.
Question: Have you seen the new hybrid electric Lambo Seon?
Answer: I have and well at least over the internet i haven't seen it in person yeah usually you see them at car shows and i used to go to them back in the day um. It's not worth it you know here's the thing Tesla at the end of this year is releasing the new model s plaid edition it's 1100 horsepower 0-60 in a four-door sedan that's over 4 000 pounds in 1.8 seconds a Huracan is three seconds and it's tiny car compared to a big car that's game has changed it's like Tron legacy the game has changed the game's changed. uh so it's going to take about three to five years for the hyper cars to catch up and we're gonna see 1500 1200 horsepower carbon fiber hyper cars those are going to be crazy and we're going to get to the limits of human reaction time and stability at those speeds and then you'll have to introduce a whole AI assisted driving and then you're starting to get real g-forces on the people driving them when you talk about acceleration like that so uh yeah no it's uh not worth it by any sense to me and it's beautiful car it's like 2 million dollars i think they went the full reviton and i would not buy a Lamborghini Ferrari or other car right now that transition is going to be brutal and a lot of these older models are going to be hit with a huge price decline because four-door sedans are twice as fast as them the battery-powered cars really change the game and rightfully so
Question: How's the collaboration with ergo going?
Answer: Well Ergo is made by which IOHK alums like Alex Chirpinoy and the rest of the gang and uh it's quite a productive collaboration we talked to them they talked to us at some point they want to launch a stable coin and there's already a Dex and they got big plans for a small team and i love the code love the ideas and one of these days i'll take a larger position in Ergo and you know build up the ecosystem. It is really shame that that's not a top 25 top 50 project it's really a shame because frankly the ideas in that project are significantly better uh than the ideas in but it is what it is markets behave in mysterious ways.
Question: Do you code?
Answer: As an amateur i write a little bit of code here and there uh mostly python these days because i write scripts for things that i want to do occasionally a shell script every now and then haven't written anything professionally in a very long time the language i was most comfortable with wasn't actually Haskell scala it's one of my favorite languages it's a little bit of everything and i like the flexibility of that.
Question: Question, what happens when ADA runs out 45 billion is a lot but not enough forever.
Answer: Well transaction fees will run the network at that point 100 years in the future when we get close to that 45 billion there should be billions and billions and billions of transactions being processed which should be well-mourned enough for fees to pay for the maintenance of the system if not you can continue inflation through voting if you guys wanted to just at a sufficiently high threshold.
Question: Will Cardano bridge with polka dot or cosmos?
Answer: who knows.
Question: would you rather fight one horse-sized chicken or a hundred chicken-sized horses?
Answer: Always fight the bigger creature because it's easier to handle a hundred creatures can swarm and surround you also chicken sized horses i don't know i mean am i just on foot am i in a car i mean i need more context to this chicken horse situation and actually a horse-sized chicken those were terror birds looked them up very scary they were around 10 000 bc and before they were very very scary animals they're like a super ostrich and they ate humans.
Question: Why do you support Ethereum classic
Answer: Well because someone has to despite what the Ethereum community has to say about me the books and the founders and all these other things about how horrible human being i am and all this stuff the end of the day we raised money and we raised money with two promises and we didn't make it clear there was a code is law component and there was a world computer component split somebody had to make sure that dakota's law had proper support and that those people got a fair shake because they weren't going to be taken care of by the Ethereum foundation so i put my money where my mouth was and i came in and helped them out got them to a certain point other people came and got them to a certain point and then left four years later come back and ecosystem's not really in good hands and so we're making a proposal to do something different and we'll see what happens and the community will decide one way or the other and maybe they want to do something maybe they don't want to do something and they'll be given a fair choice now if they want to do something then we get to go explore Koda's law the only other cryptocurrency that can do that is bitcoin and they're not going to do that so that's really cool and if we win the proposal we're going to hire a full-time philosopher to work just alongside the development team and actually write a whole corpus of knowledge about this very idea this is totally different from anything we're doing with Cardano or other projects it's exploring a very philosophical viewpoint about how cryptocurrencies ought to work and we can innovate inside that space. I think that's a pretty cool thing to do who knows what the value and size of that is going to be if it's small or large in the market appetite but that's the point of being an innovator and that's the point of creating things and exploring things and building a community a distinct community that does things differently and i'd like to change the name if we go to a new standard it makes no sense to be called Ethereum classic throw all that past and toxicity away go do something novel and new and be your own man.
Question: What do you think about the bill to remove the electoral college do you think it will pass you can't remove the electoral college with a piece of legislation you can only remove it through a constitutional amendment so no it will not pass.
Question: Terrorbirds went extinct 1.8 million years ago?
Answer: Are you sure they weren't around in like 10 15 000 years ago maybe they did i i thought for sure they had giant birds that would eat humans uh you know not too long ago in the age of saber-toothed tigers and woolly mammoths or maybe that was just common lore and i'm completely off base someone fact checked that did the terror birds really die out two million years ago makes me sad if they did i want to live in a world where like really badass primitive men with spears had to fight these giant birds.
Question: This is an example of what happens when a meme gets so strong it absorbs into people's minds and it becomes impossible for people not to politicize things it says Charles is that a Donald j trump uh on the painting uh on the floor too with uh people handshaking?
Answer: So, No, that's a the album cover of wish you were here from pink floyd back in the 70s is but you've been just thinking trump trump trump trump trump for so long this is anybody who remotely looks at front like trump and you're not familiar with the album cover boom it has to be trump and it's a political statement i don't think about trump anymore he he's a nobody anymore he's done he's gone of course the democrats want to hold a cadaver sanad and try his corpse okay this 74 year old guy is no longer president he has no power he's a private citizen he's a priya. Why the @#$% do we care move on life has moved on there will be different leaders different politics it's now president Biden and in 2022 there's going to be a big important election we'll see if he can hold or not and then 2024 probably won't run again and it's going to be Kamala Harris versus someone else a new person so there's no trump anymore get him out of your mind he's living rent free he's been propagandized and so much hate let it go.
Question: You grew up on a farmer in the countryside
Answer: Grew up in Hawaii so a little bit of a hybrid maui of all these things but i lived in a house not a farm we had a big backyard about half an acre for a kid that's a lot of room.
Question: Where do you get your news?
Answer: All over the place i read a very diverse set of news from mainstream mass media to alternative media to social media sources to just friends i can pick up the phone and call who are in the know and i aggregate it all together and i try to figure out what the average truthiness is of an event.
Question: What type of doctor was your father and grandfather father's still a doctor he hasn't retired quite yet he retired in Colorado moved up to Wyoming and started practicing medicine again he's an internist so he does primary care my grandfather was an OBGYN.
Question: Hi Charles, would it be possible to set up an interview?
Answer: Yeah just ping me over twitter and i'll give you Michael's email and we can talk.
Question: Do you own a private jet?
Answer: No.
Question: Will cardano come on coinbase please read my question my wife has challenged me no comment you happy you guys ask about coinbase every ama you know if we ever do get on coinbase what the hell are you going to ask about like whether it's a win gemini when gemini when paypal when nysc uh you guys love you too thank you for talking to us well thank you guys for listening i only do this because you guys listen and you guys participate i really do enjoy it you are the best community and each and every one of you special in your own way you know that one of my dreams years from now after i have spare time i just don't i hate that there's only 24 hours in a day i would absolutely love to learn how to paint well and go and do bob ross style paintings and actually resurrect the joy of painting and do a live ama with you guys and just sit down and just paint beautiful landscapes that i've seen you see bob ross he was a master sergeant air force and he trained and was stationed in alaska so there's that's why all of his paintings kind of look like these big beautiful foresty mountainy areas well i've been to 52 countries i've been to the deserts into the oceans into the badlands good countries bad countries uh and so i've seen them probably a little bit more than bob did and it would be so cool to do a bob ross style painting but do it for deserts and do it for all the different landscapes i've seen in some cases people he very rarely painted people and then you guys who would be able to watch me paint i'd be able to say put a little happy tree here a little happy vitalik put some bernie sanders mittens on him and you'd be like ah okay this is so relaxing now of course my demographic would change a little bit i'd go from crypto people to crypto stoners but you can't win them all it'll be a lot of fun uh but that is definitely a life goal you know hashtag life goals we'll get there play musical instrument charles the piano badly i'm curious about coding how would you motivate inspire a person to code coding is a means to an end if you're interested in coding for the sake of coding there's an aesthetic thing there you're probably a pretty proficient programmer and you're trying to build beautiful things like mathematics and pure mathematics it's useless you're never going to run into an algebraic geometer doing super useful things to society often than not they're really worried about stuff that's just out there that you've never heard of nor can you pronounce the names okay and the symbols look like word salad so you know you take a step back that's not what it's about when you say code you're really saying well i want to analyze this data set i want to build a web scraper i want to automate this form there's this task that normally requires 500 clicks and i want to speed it up so i'll give an example how i learned auto hotkey okay i wrote a macro with it i was playing this game called eve online and they have these things in eve where you can buy special mining ships you can take them to the asteroid belts and you can mine a substance called ice and ice is used as a fuel source for space stations that's a very labor intensive process and it's really boring your ship flies out to the asteroid belt floats around the belt finds a big glacier of ice starts biting until the cargo hold fills up takes about 10 minutes and then you fly all the way back to the space station you unload it you sell it and you repeat the process rinse and repeat rinse and repeat rinse and repeat great so that's an automatable process and i i got so tired of doing it i have more important things to do in life i learned how to write you know hockey a bot that would actually manually automatically pilot the hulk from the space station to the asteroid belt mine the ice take it back and then pirates would show up npc pirates that attacked the ship so i said i need to do something about that so i had to write some stuff about what to do if it gets attacked and etc etc and i kept iterating the program and then i had to introduce some stochasticism to it randomness because it turned out that uh ccp the company that runs eve online was starting to ban people running bots so i needed to make it look like i was a human player so the program continued to grow on complexity now every time i had a problem to solve it was because i wanted to continue playing the game the way i was playing it i and so i had to learn a lot more about programming and i had to learn a lot more about these things and eventually got so good i was running four bots at the same time on two different computers and after just a few days i'd make enough isk to buy plex cards so all four accounts i was getting for free then i learned a little bit about networking because i was consuming so much bandwidth and i kind of stole some other guys wi-fi for some of the computers okay so when you have a particular problem you're you're trying to solve that's what teaches you how to code because you learn to code to solve that problem so find that that's all you got to do whatever it is for me it was i just wanted the ice to flow i even created a corporation that was called a rakus corp and tagline was the ice must flow how about that uh who would you like to be interviewed by in 2021 your best choice i think the interviewer i'd have the best rapport with would be lex friedman and it'd be really a lot of fun to go on lex's show not ready for it yet though that's that's a real special thing and it would be a great honor lex is a brilliant guy and he's deceptively smart and he's done so many incredible interviews and i think that we would have this ability if we just got in the right flow to really get some stuff out there and it would be quite special did you used to write for political no that was the other charles hoskinson who is a conservative writer who's about 20 years older than me and when you used to google charles hoskinson it would never show anything about me it would only show his work and then i got more famous and so now it shows me and not him but i do know him because years ago i emailed him and said hi this is charles hoskinson from colorado emailing charles hoskinson if you can't remember the publication he was writing for at the time but uh there are two at least two charles hoskins there's probably very many but he's a political writer watch the avilo podcast with lex recently yes you learned about the alien asteroid probably a solar sail how about that barbara walters mike walters or katie kirk i was interviewed by larry king that and he tops all of them i don't yeah who cares about these people did you talk about gogan already yep yep yep he missed all of it and we lost the recording so it'll never be discussed again sorry it's gone forever never talk about it again do not pass go do not collect two hundred dollars who are your favorite companions from baldur's gate and why you sir win the question lottery holy moly that is great well are we talking ballers gay 1 or bald earth gay 2 boy okay so for balder is gate 1 and 2 minx is one of the favorite right go for the eyes boo crazy rashem and berserker uh dan era i never really attached to and obviously the players didn't either because they killed her in the sequel uh so there you go viconia the drought priestess great romance option wonderful character good story arc uh there you go uh but actually not as good of a companion just from game mechanics wise as arya the winged of ariel elf but boy that's a great question yan yanson the gnome fighter a mage uh thief is another great companion the only thief you can bring on because they dual-classed emoon and you lose yoshimo halfway through the game so boy ceravoc was a cool companion a surprising companion they should have also brought aranicus back if they were going to bring sarah bach back especially if you want to learn more about the motivations of aeronicus that would have been really cool but they made him somewhat irredeemable and threw him in the depths of hell who else i never really liked edwin too much hmm yeah i have to give that more of a thought but yeah jeff definitely the nomian and uh definitely faconia i think everybody of that age liked her there were special assets i have no idea what words you're speaking yeah that's uh that's a special one if you played baldur's gate you'd understand if not just go to sleep for 30 seconds and wake up charles what type of woods do you like uh snake wood and iron wood are both very very cool zebra wood is also very cool as well snake wood is so pretty small trees though so you can't do much with it working on any projects in south africa we've gotten a few offers in lou was one that we tried to work with and we invited him to the ihk summit miami back in april of 2019 i actually went out to the townships with them but we could never come to terms on a deal that made sense for both parties uh then we also have been for years talking on and off with tamela ramaphosa for the studx project and one of these days we'll do something with toomey i like that guy it's just uh it's not where it needs to be yet so hopefully we'll bring him on the africa special and it'd be fun to uh see what we do there south africa says just a great place though i really enjoy going there did you vote for biden no i endorsed brock pierce and i voted for him what do you think is satoshi nakamoto i've been very vocal lately on this i think that first it doesn't matter but second it's probably adam back if you look at the preponderance of the evidence occam's razor applies and the most likely answer usually is and there's no mystique or magic there but he just fits the profile you're looking for somebody who was in their 40s to 50s uh who created bitcoin in 2008 that would fit adam english education grammar all that stuff the right computer science background exactly the right credentials you'd look for you probably can get pretty far with code stolometry towards validating that but even if there was great evidence that it was him because satoshi's become an icon it's physically impossible for anyone to be satoshi because a clique of people would always disagree with that and say no no no he's an imposter or she's an imposter so satoshi's become effectively untouchable at this point no one can become that person but real life probably adam back thoughts on the bitcoin copyright bs just shows you those who claim that copyright are not very bright um we have something called a promissary stoppal and it says interconnected to copyright law with um software licenses if you release something a piece of work under an mit license you can't retroactively change that license later on and say okay you're now violating my copyright no no no no because that would be problematic for all the people downstream of that who already built on the infrastructure with a promise that that would be open source uh so it's a prior art no ip and no core in the world would think differently but i'm not a lawyer consult your lawyer please come and fix italy how can i contribute and spread the cardano ecosystem i will come out to italy mazie i will come out to italy we'll talk about it i love italy it's one of my favorite places miyamot italia it's a beautiful place you need moderators charles hoskinson well want to be luke skywalker snowden holding a flag youtube guy you are right but your free speech matters so no moderation today except for the times we do it why not half any hal and adam back knew each other and it's no coincidence that satoshi reached out to hal the code quality for bitcoin was not so good and also the code was written likely in a windows development environment hal was a very famous programmer and used linux it's very unlikely he would have used visual studio to be compiling c plus plus code however an academic who used to work for microsoft probably would happens to be adam back he created hashcash under microsoft's dollar see how the dots connect what's with the masks in the background i put them on my face that's the reason you have a mask why would you have a mask if not for that charles have you visited the philippines any chance you would someday yes i have i spent most of the time in manila and i haven't spent too much time running around the philippines but i grew up in hawaii and hawaii in the philippines very very close filipinos are the mexicans of hawaii they they map very well there and my uncle's actually married to a filipino gallon the first thing you learn when you marry a filipina woman is you have to bring the family over so as i got older more and more family members started coming in a very large filipino family in hawaii and other places why did you collaborate with greece i love the food to be satoshi he would only need to move bitcoin from the wallet really think that one through really think that one through are you sure because what happens if satoshi is a person who's now dead and a survivor got access to the private keys and decided to impersonate that person so think it through how did you meet vitalik through anthony diorio bitcoin's biggest flaw its innova is inability to upgrade if it could upgrade we'd all be done but it can't the dog agrees with barking please answer you well luke what were you asking i'm sorry i missed your question barking this late yeah i live on a large farm and uh there's owls outside there's three of them that live in the farm and the dog's favorite thing to do is go out at midnight and bark at the owls you know what they don't give a hoot how are my dad jokes are they getting better i think they're getting better you know what happens when moore's law ends in 2025 we invent something new and exciting uh what can't bitcoin upgrade they it's not a matter of physically impossible to upgrade it's that they won't they've known about smart contracts they've known about proven proof of work thousands of things that can be done to improve bitcoin and those upgrades just don't happen move super super slowly at a glacial pace and as a consequence it gives everybody a chance to catch up and pass them which will happen this is the nature of monopolies and fair markets uh that particular dog what breed of dog do you prefer to have is a great pyrenees i see you're listening when painting with charles that'll be the joy of painting crypto edition hello listeners we're going to run the colors underneath the ski screen right here we got a little titanium blue metallic white of course my favorite dan larimer red now we're going to beat a little devil out of the brush