Surprise AMA 06/08/2025

Opens June 8 2025 from Colorado after his brother's 40th birthday in Wyoming, reflecting on growing up homeschooled in Makawao, Hawaii, and being 37 turning 38, born in 1987.

Cardano is moving through governance with lots of drama, having started with strong executive function and Genesis keys that unified the roadmap for years.

The 2022 pivot to decentralized governance built strong legislative and judicial functions but so reduced the executive that Cardano now has no recognized executive branch.

Executive function like roadmaps, KPIs, and budgets is now fragmented across Intersect, the Foundation, IO, and the community, and can be added back at the legislature's consent.

The 2025 budget is nearly done whether by one vote or 39, and IO will run an after action review to make the 2026 budget process better for everyone.

IO kept shipping through the governance churn on Ouroboros Leios, Plutus, Babel fees, Bitcoin DeFi, Ouroboros Peras, Midnight, Lace, and Reality, though the team is exhausted after seven months.

Cardano went from no constitution to one with hundreds of DReps and coming constitutional committee elections, making 100 percent of the government elected, with a v1.1 already proposed.

You cannot keep everybody happy, that 70/30 or even 50/50 plus one vote is enough now, and hopes factions disagree without becoming disagreeable as Elon fights Trump.

Addresses the Mad Bull apology request over a 2022 Rare Evo incident at the Operand Hotel in Colorado, where his security and hotel security evicted him and he filed a police report.

His security detail acts professionally and only on perceived threats, since people mob him and there have been death threats, mailed items, and attempts to attack him.

Apologizes man to man for any injury the Operand security caused Mad Bull, saying his detail follows him across 60 countries from Burundi to Singapore and he is the accountable party.

He worries about kidnapping after his friend who runs Ledger was kidnapped in France and had a finger cut off, plus an exchange founder's granddaughter and a chainsaw crypto robbery in New York.

Having security is hard after a life as a man of the people, since some exploit his accessibility and he fears every chat log or email ending up on Twitter.

His detail becomes family and he shares it with employees in dangerous places like Guatemala and Burundi, with no perfect answer in the world as it is.

Changing the world with Cardano threatens billionaires and trillion dollar monopolies who start wars over profit, citing the 300 billion spent on Ukraine and Iraq.

Recounts meeting Dutch Prince Constantijn, a smart well read man keen on synthetic biology, alongside IO president Tamara Haasen, who spoke with him for two hours.

Trustless Bitcoin Cardano integration needs a bridge, but taproot means you avoid the wrapped Bitcoin trust model using recursive snark proofs at the cost of slow finality.

An operator with MPC, multisig, and trusted hardware enables sub second cheap transactions bundled into an aggregate Bitcoin proof, tying BlockFrost, Hydra, and a Hydra plus Lightning idea called Thundercloud.

Fairgate is the whole stack using BitVMX from RISC-V to Bitcoin script, letting the user choose full Bitcoin security or faster cheaper transactions, with BlackRock scale moves using Bitcoin.

He had dinner with the Franklin Templeton CEO and Dan Loeb at the Milken Institute in 2022, and is glad the CF picked up that contact, since Midnight, Cardano, and Bitcoin form a triumvirate.

The Midnight airdrop will be the largest distribution of any chain despite a smaller cap, with videos, a tokenomics paper, and a marketing campaign ahead of the TGE and Midnight Foundation.

Fahmi Syed leads the Midnight Foundation, introduced at Consensus and Money 2020, turning on over the next two months as potentially the biggest economic event in Cardano history, and StarStream gives Plutus co-routines.

On the Bitcoin block size war he sided with Roger Ver on big blocks as a time parameter, but scaling also needs better proof structures and script expressiveness, with taproot the compromise.

The Gillette medical center opens July 4 and he wants to host conferences there, inviting people to come up to Wyoming.

Shows the CAKE DeFi working group from Frontier Research, noting Ethereum's 50 plus rollups and the mediocre multi-chain user experience of bridges, RPC, and gas.

Maps the CAKE chain abstraction layers of application, permission, solver, and settlement, noting Babel fees is an intent and Midnight solves the mempool and private computation pieces.

The Cardano DeFi kernel takes the same idea from a UTXO centric world, sharing universal pieces with CAKE while adding Cardano specific ones for Bitcoin and UTXO DeFi.

The working group will fuse the CAKE and UTXO DeFi approaches, pulling in Midgard, intent languages, StarStream, and BlockFrost for indexing, sequencing, and decentralized deployment.

Recommends securing ADA with Lace plus a hardware wallet like Ledger, Trezor, or Keystone, bought direct to avoid supply chain attacks, and a PGP encrypted paper wallet; StarStream runs best in a Hydra head.

His old Python Scrapy web scraper that built a daily PDF report has been replaced by an AI weather report, showing how far AI agents have come.

Partial centralization is fine when a decentralized government delegates to a firable working group, alt season is not canceled, and the Midnight glacier drop comes earlier than November.

JJ has a 70 plus item commercial spreadsheet and is overburdened in Argentina, and Laos is in prototype phase with monthly rollup live streams building toward a CIP and simulation.

World Mobile node talks in Gillette are tough over a board seat, and he wants WM as a partner chain to build a decentralized ISP across Wyoming, South Dakota, and Montana, praising tough negotiator Mickey.

The partner chains framework is maturing with trustless recursive snark bridges and Jolteon, started from Substrate, and World Mobile suits a hybrid consensus of SPOs plus its hardware.

World Mobile tried Cosmos and Substrate and needs something bespoke, and they are family who were at the 2018 summit.

The Hoskinson Center for Formal Mathematics is adjacent to Microsoft's MSR AI proof generation and the Lean project, with CMU aware, expecting huge impact around 2030.

He would work with Elon on the Bitcoin DOGE code, but Elon has everything and traded his personal life for success, becoming a hollow person filling the void with kids and drugs.

Musk is hard to partner with reliably, citing gone Neuralink cofounders, OpenAI, Tesla, Starship delays, and the DOGE Trump fallout as a pattern of overextension.

Musk should use a half billion to a billion dollars to found an AI native governance center instead of criticizing government, but he dabbles and never finishes the story.

Musk could make DOGE the currency of X with an algorithmic stablecoin and bring 550 million users, but he is not serious enough to commit.

There is no upside in burning down Musk when Neuralink could let crippled people walk and the blind see, but he has become odious and needs a break.

Midnight started on Cardano but the code base is a monolith hard to modularize, with OBFT designed Satoshi style, making it hard to swap the consensus algorithm.

After trying Fabric, Cosmos, and Substrate they chose Substrate and normalized it to fit Cardano hand in glove, with shared SPOs and a trustless bridge.

The partner chain framework is batteries included for multi thousand TPS low latency chains with free Substrate pallets and a dual token model of a capacity unit plus a Cardano native token.

Liquidity, governance, and value stay on Cardano while you monetize via a capacity exchange, ideal for adtech, AI, and private computation like Midnight, and to talk just mention JJ.

The first partner chain is Midnight, which already has over 100 partners including Brave, and the BTC bridge shown working mainnet to mainnet at Bitcoin 2025 is not ready to discuss.

He is mostly happy but suffering burnout after a 10 year death march, needing to finish Midnight, governance, and Laos, praising Phil on Midgard and Seba on StarStream.

He hopes for six months off after crossing the Rubicon, is losing weight at his anti aging clinic, and is healing a burst peroneus brevis tendon with PRP and stem cells.

Reflects that nothing is free and youth hides the trade-offs, so as you watch people die you learn relationships are not fungible and to invest time in yourself.

Quantum Hoski as a hyperdimensional simcraft game with hypervoxels, AI agents, brain computer interfaces, dish brain computing, and quantum beacons, still in ideation.

Projecting a 4D spatial world is hard, using 4D Miner and 4D golf as a base, working with Trim, Michael Yagi of Icky Guy, and Seba toward a game design document.

Human neurons excel at vision and pattern recognition, and Cortical Labs has built the best organoid level interface to dish brain computers.

His Gillette biotech center will get two CL1s and culture neurons, program them via Cortical's language, and connect them to Minecraft, part of a competitive organic neuromorphic field with Intel and Valve.

A doctor using naturopathic substances may join his clinic to help opioid and fentanyl addicts detox without extreme pain, a big underfunded problem in Gillette.

Laos disk space centralization trade-offs will be known by September, starting conservatively at 10 to 100x current throughput, dialing up input blocks so there is never a TPS problem.

Haskell is a great research language they improved with libraries, formal methods, and GHC core work, but recommends learning Rust then dependent types in Coq or Agda, with Agda to Rust extraction underway.

Cardano will always keep a Haskell node but the industry is shifting, proposing a trinity of Unison for distributed code, Rust for the core, and a formal methods language like TLA+ or Lean.

The Wyoming stablecoin was ready to go until they excluded Ripple and Cardano and chose the Ethereum and Circle ecosystem, after nearly two years of work.

Marlowe was ahead of its time without product market fit, and could be reintroduced as a simplifying language within a DeFi kernel, while Lace mobile ships in 2025 from a growing Argentina team.

Clarifies Hydra and Laos are not at risk without treasury backing since he will do them anyway, but IO cannot work for free forever now that he has ceded the executive function.

He is an entrepreneur, not a 200 dollar an hour employee, thinking in 10 billion then 100 billion then trillion dollar terms, and Cardano needs aligned equity incentive models like Lisa Su's at AMD.

Basho needs cleanup and the next generation Cardano roadmap must offer shared equity to young builders who are not Charles Hoskinson so they can earn too.

There is a subtle shift from building Cardano to building on Cardano, with core infrastructure perhaps becoming an unprofitable government bureaucracy without the old layer 1 returns.

He wants to stay an entrepreneur bringing millions of users in, and more TPS from Laos is to attract builders to fill blocks, and governance needs an executive layer to align KPIs.

For stablecoin liquidity the treasury could convert 100 million ADA into USDM and hire market makers for 5 to 10 percent returns to buy ADA back and donate to the treasury.

People beating up on Intersect miss that it was set up to administer funds and liquidity for the ecosystem, including creating stablecoin liquidity and attracting VCs.

A fund with Pantera or a16z at 25 to 45 million a pop could route aggregated returns to the Cardano treasury, but people feel helpless and stall the treasuries with 39 votes.

The CF could have secured Circle in five minutes by committing to mint 100 million and put it to work, and Cardano would have had it two years ago.

Intersect is the members based, community controlled organization the Foundation was meant to be, versus the self appointing Swiss Foundation board no one can vote on or join.

Holding crypto for profit without being a developer is as fine as holding gold without being a jeweler.

Political derangement lets people connect any event, like Peanut the Squirrel's death, to the current politician in power.

Recounts Peanut the Squirrel as a beloved Instagram star seized and killed for a rabies test despite never being outside, showing how empowered bureaucrats cause emotional harm.

Trump loves the bureaucracy when it is loyal to him and is no Javier Milei, the chainsaw wielding chosen one making real cuts in Argentina.

The big beautiful bill should have cut government 5 percent a year, merging the 16 intelligence agencies and consolidating financial regulators to shed 100,000 jobs and tens of billions.

US healthcare costs 13,000 per person versus 6,500 for neighbors and education costs more than Singapore for a worse product, but no real conversation will happen under current regimes.

Depicts Musk's DOGE team of high 25 year olds getting unrestricted federal data access and finding waste like a 2 million dollar Iraqi Sesame Street and USAID schemes.

The big beautiful bill adds 2.5 trillion in spending but Trump wants its 180 billion for the border wall, DHS, and deportation, with tax cuts and no real DOGE cuts.

Musk's brand collapsed with Tesla sales down 30 to 70 percent in Europe and his popularity halved from DOGE, a fire your CEO situation the board will not act on.

A wounded narcissist tweets escalating insults, and after Musk's deleted Epstein tweet he must do rehab and an apology tour like the poopy face to pedophile escalation.

The art of PR crisis forgiveness, warning that refusing to apologize turns you into a permanent villain archetype like George Soros or Howard Hughes who spiraled.

Forced vaccination logic that the government can decide for your body without consent auto consents you to geoengineering the entire planet.

Planet wide actions should be voted on, not left to unelected consequence free bureaucrats, noting England is experimenting with dimming the sun.

Praises Thomas Massie for keeping his word and voting against unbalanced budgets despite the backlash.

His clinic does stem cell research with autologous and allogeneic adipose derived mesenchymal stem cells but is not yet allowed to sell them.

The bull run feels boring amid a presidential memecoin and World Liberty Finance, since crypto cannot escape the macro, but the giga chad bull will come.

India will not participate meaningfully until it drops the 1 percent transaction tax and reforms its laws, after which it could become the largest crypto market and make 100 billion.

Jokes his pet conspiracy is the Paul McCartney replacement theory, and mocks Terrence Howard's one times one equals two as a cloud of Dunning Kruger.

Says he may talk to Conor McGregor soon, and jokes about his single Black Angus cow named Gimli who thinks he is a yak and will never be eaten.

His favorite unsolved math problem is the binary Goldbach conjecture, which haunted him and inspired the Hoskinson Center.

An idea is the most worthless thing in the world because everyone has one, and asking someone to review and execute your idea means asking them to do all the work.

Any good idea has 150 people already executing it, which is why he shares his own freely, since execution not the idea is the hard part.

Execution as a daily grind for years where everyone calls you insane, then a genius, then a has been once imitators copy you.

He became a self made billionaire at 33 and built multiple ten to twelve figure ecosystems, yet people still say he is incompetent and got lucky.

Aspiring entrepreneurs they now have ChatGPT, accelerators, and legitimate crypto he never had, but must ask if they can endure the lifestyle.

The entrepreneur lifestyle means missing birthdays and funerals, divorce, weight gain, and bed bugs, the hardest and most thankless job even after success brings a wealth tax debate.

His relationship with Gavin Wood is a respectful awkward nod, and the bad blood with Vitalik is one directional since Vitalik thinks he is the worst person alive.

Names the Baldur's Gate series his favorite video game of all time.

Lays out a JFK assassination theory where the mafia, resentful after helping via Chicago ballot boxes and Joseph Kennedy's bootlegging ties, turned on Kennedy over RFK's crackdown.

The CIA of the MK Ultra and Northwoods era wanted JFK dead after Bay of Pigs and his move to abolish the agency, in its maximum kill and manipulate mode.

A cabal formed like a heist over JFK's stances on Israeli nukes and a joint Soviet space program, missing the Zapruder film, in an era of MLK and RFK assassinations.

Says the audit is underway and expensive with no apology coming, but promises to livestream reading the whole thing even if it takes eight hours.

He believes the US government likely possesses extraterrestrial technology but finds no evidence for Bob Lazar's convincing Area 51 story.

The Lace wallet will launch as an NES game launcher using NESFab, including a game from his and his brother's company Husk Brew, with a homebrew marketplace planned.

Ouroboros Genesis is code complete and merging into the protocol, fully turned on by the end of 2025, crediting Tweag for great work.

Jokes his favorite scary movie is the SEC starring Scary Gary Gensler, who will become a character in Quantum Hoski along with everyone from his crypto journey.

Names Arnold Schwarzenegger his favorite action hero, admiring how he clawed from an abusive Nazi father's home to bodybuilder, actor, and governor by sheer force of will.

Arnold owned his affair and now spends time with his bodybuilder son, arguing people make mistakes and what matters is recovery, not being burned to the ground.

Shows Pope Paul V, born 1552, as his lookalike, a friend of Galileo who opened the first embassy in Japan and financed St Peter's Basilica.

Jokes about wanting a Filipino Popeino with JJ, and welcomes the American Pope Leo the 14th.

Riffs on a conspiracy that he time traveled to become Pope Paul V, working with Galileo to leave messages for the future.

Predicts Fed rate cuts probably will not come in June 2025 though Trump wants them, and confirms XRP support is coming to Lace.

He wrote 150 pages remastering the game Legends of Valor, finding its guild structures too surface level, and marvels at the depth of 90s writing.

Calls Planescape Torment one of the best written games ever, an example of the 90s golden era where limited technology pushed developers into deep plots.

He saw the Eagles from front row seats at the Sphere in Vegas, praising a still touring Joe Walsh.

Jokes that FAA rules require playing CCR's Fortunate Son when his Blackhawk takes off, and insists the best Pink Floyd album is not Dark Side of the Moon.

Names Mike Tyson and Manny Pacquiao his favorite boxers, and picks a chill Jack Dorsey over Michael Saylor for a locked room.

As a libertarian a Palantir story made him sick, comparing it to the Patriot Act era total information awareness and the 2002 DARPA Information Awareness Office.

The IAO plan to warehouse everyone's emails, calls, and medical records without a warrant using biometric surveillance, defunded in 2003 but continued under other names per Snowden.

Trump revived it via Palantir and Alex Karp with an executive order to share data across agencies, spending over 113 million plus a 795 million contract.

Warns that while everyone watches the Musk Trump drama, Palantir is building an AI enhanced panopticon worse than China's social credit, which he will fight as unconstitutional.

Closes that if TIA is granted democracy dies, so systems must move from don't be evil to can't be evil with resilience and constitutional protection built in, thanking 13,000 live viewers over 2 hours 44 minutes.