Surprise AMA 09/17/2022

Opens September 17th 2022 with Logan the lobster, his first AMA in a while, trying a capsaicin nasal spray he compares to snorting wasabi.

The COVID vaccines are a mixed bag, effective against the wild type then not, and questions making new ones when people do fine, since they make the pharmaceutical industry money.

A Gillette newspaper covered the clinic, a 10,000-square-foot footprint with about 35 employees in 2023, physicians, a compounding pharmacist, a clinical pathologist, and genomic-medicine researchers.

The clinic covers primary care in Campbell County, develops hyperbarics, then moves to concierge care and evidence-based anti-aging protocols with clean rooms for stem cells.

It was built from an old restaurant with easements for a sewer line and fiber, offering advanced diagnostics like early cancer detection akin to Grail and full genome sequencing for a 360 care plan.

The plan follows American College of Lifestyle Medicine foundations of eating, sleep, and exercise, then allopathic and naturopathic interventions and neural optimization like mindfulness, hyperbarics, TMS, and photobiomodulation.

A first study will be a placebo-controlled double-blind hyperbaric trial with SPECT and MRI imaging to test whether it reverses traumatic brain injury damage, opening late 2022.

Daedalus shows ADA value, and token value needs an oracle feed from DEXes or a CoinGecko listing.

Clarifies he never said Vasil would not come, only that the FUD bomb would make people believe it, since 1.35.3 is what they are forking with and nothing materially changed.

The Africa project is going well via the Possession relationship that raised 11 million dollars, with a RealFi plan combining identity, wallet, and application stack coming in November, and World Mobile doing well.

Says he did not attend the WEF and is not on board, and explains he is friends with Silvio Micali, whom he first met at Financial Cryptography in Malta, distinguishing the Algorand Corporation from the Foundation.

The Algorand Foundation CTO poached his employee John Woods at an inconvenient time with a king's ransom, and that IO never poached from Algorand out of respect, which was not reciprocated.

He heard the Cardano Foundation was disinvited from events at the Algorand Foundation's request, and that the pettiness hurts collaboration on things like a post-quantum VRF and threshold signatures, given Algorand poached IBM's Tal Rabin group.

Stacy tweeted that questioning the Algorand Foundation's integrity means you should sell your currency, and that you do not liquidate a protocol over disliking one member, like abandoning a party over one politician.

Protocols should be bigger than a foundation, that he respects Silvio and John Woods and sees Algorand as a good third-generation protocol, so personalizing it is counterproductive.

Diffusion pipelining is enabled and that SPOs and Daedalus 5.0 users are already doing it.

Atala Prism is being integrated with Lace via Prism 2.0, with an identity center and identity-based wallet in 2023 starting with human-readable addresses and premium wallet recovery, then travel-rule integration.

He is working with HydroGreen on fodder production for the bison, plus small-scale vertical hydroponic and mushroom farming with FarmBox Foods.

He sees a huge surge of Twitter bots in the comments to demoralize and degrade, part of a psyops campaign by traders.

Newcomers should know Cardano is an evidence-based, peer-reviewed third-generation cryptocurrency bringing economic identity and banking to the unbanked, led by its community.

Reads a viewer's email about being vaccine-injured in April 2021 and recovering via hyperbarics, and says he would love a hyperbaric clinical trial once the center opens around June 2023.

Epigenetic reprogramming where genes are hardware and the epigenome software, since high pressure and oxygen turn over 800 genes on and off per a 2008 paper, one of the first things to validate with the chamber.

IO has nothing to do with Luna or Luna Classic, a broken Ponzi that Djed fixes, and that Do Kwon dissed Cardano and is a nasty person the space is better without.

Brilliant crypto VCs invested in obvious Ponzis chasing money until they lost everything, creating 600 billion dollars of losses that guys like him must clean up amid White House reports and regulatory fallout.

He is still reading the roughly 400-to-500-page White House digital asset framework, having gotten advance notice through working with NIST.

He wants a certified-versus-uncertified wallet world with an open standard, endorsing any certified wallet so Lace and others get certified.

He reads research papers by starting with the title and authors, since affiliations and names like Yehuda Lindell, Dan Boneh, or Jonathan Katz versus Andrew Miller tell you the rigor and style to expect.

He enjoys Phil Wadler's, Silvio Micali's, and Adi Shamir's papers as great writers, reading the intro and conclusion to orient before going section by section extracting the major results.

A math-heavy cryptography or distributed-systems paper takes a week or two to understand enough to reproduce the protocol in pseudocode, though full proofs are often only sketches left in appendices.

Groups proof of stake into BFT-style like Algorand versus Bitcoin-like families, and zero-knowledge by class groups or other primitives, then asks whether it is better-faster-cheaper or a new capability like quantum resistance.

Medical research is different, with statistics, experimental construction, and confounding factors, versus cryptography's adversarial models and simulation-based proofs.

A DID from Atala Prism with a reputation system could bridge Possession's proprietary credit scoring to an open system in 2023, noting their non-performing-loan rate is 2 percent versus 40 percent.

Realizes Chico Crypto is doing engagement marketing by challenging him, which explains the alt accounts, and mentions taking the cup of a carpenter to Petra.

He likes Crypto Crow, who is working on new social media, wargaming, and building on Cardano, and that a podcast studio is being built downstairs, not looking like Joe Rogan's original studio.

He filters criticism by asking what incentive or perspective the person has, since nine times out of ten misaligned incentives mean it is not personal and the tenth time they are just an ass and a nobody.

He knew Max Keiser for years with a cordial relationship before he went total Team Orange, comparing him to Epstein for taking PPP money and predicting jail, which stung because of the relationship.

Building a secure, decentralized, fair consensus algorithm is extremely hard, and that Ethereum will now live it in proof of stake, hopefully understanding why Ouroboros was designed the way it was.

He owns a little Ergo from Alex Chepurnoy's IO legacy and would love to collaborate as the perfect testbed for Ouroboros and useful proof of work, but is committed to Cardano first.

Contrasts Ethereum Classic's skepticism and toxicity with Ergo's welcoming open arms, calling it a great small-cap currency reminiscent of early Bitcoin.

ISO 20022 is not a switch but a collection of interoperability capabilities for open banking, mostly unrelated to crypto, best rolled out in an Enterprise framework via a Firefly integration for ATMs and legacy banking.

Is perplexed that the SEC implies Ethereum could be a security only after the merge, when for three years the community, heads of state, Governor Polis, Google's countdown, and Coinbase's S1 all knew the plan.

Hopes for a Hegelian synthesis via the Lummis-Gillibrand Financial Innovation Act plus the White House executive order, resolving asset classification, the CFTC and SEC roles, custody, tax, and KYC and AML standards.

Nothing has passed because Congress is waiting for the 2022 midterms, and that a likely split Congress will calm things and pass something in 2023, though it may be good or bad.

He is tired of the adversarial nature and using regulation as a cudgel against competitors, warning that applying an 80-year-old framework will destroy value, offshore the industry, and make it less safe.

Recalls his Congress testimony got very different questions than expected, that he represented the whole industry mentioning Cardano once, and cleaned up his beard and wore a suit.

The industry would be unstoppable if it worked together since it sells freedom and fair markets, but inane tribalism polarizes everyone.

He called Ethereum the Hotel California of crypto because when you stake you lock it with no clear exit, a tongue-in-cheek reference to the song.

The industry cannot tell regulators to trust it as adults after losing 600 billion dollars over Celsius and Luna, and must be welcoming and stop the attacks calling everyone a sociopath and criminal.

Cardano does not use cryptographic sortition, a BFT technique Algorand uses, but a different selection mechanism.

Layer zero usually refers to the network stack, seldom separated since it is bundled with layer one, but it is meaningful.

Billionaires get lonely, which is why he buys mini donkeys, and that Mr Tibbers got a mini horse named Guskus.

Calls the Elon Musk Twitter situation one of the most interesting business shotgun weddings, where Elon decided buying Twitter was a great idea while riding high as the world's richest man.

The Twitter board worried Elon running six companies would harm shareholders, so he offered 44 billion dollars with no backsies, like Microsoft buying Mojang for 2 billion.

Speculates Elon would do a private-equity play and take it public in three to five years, or use it for political cover with the GOP to unblind Twitter's Democrat dealings before the election, a power play like Bezos and the Washington Post.

Markets tanked after Russia's invasion, cutting Elon's wealth so a luxury acquisition became a big commitment, and that taking over a 98-percent-Democrat San Francisco company means rebuilding it from the ground up.

Elon complained Twitter is full of bots as if it were news despite being impersonated daily for crypto giveaways, and is now trying to exit while the board sues him to buy it for fiduciary reasons.

Wonders if Elon is playing 3D chess to build a decentralized social network after crippling Twitter and gaining proprietary info, or if it was a hare-brained idea he did not think through when he had spending money.

Says if Elon really wanted to innovate, a pack of crypto guys plus Brave's 40 million users and Doge as the unit of account could launch a decentralized social protocol for 50 to 100 million dollars and rival Twitter in three years.

44 billion dollars is rich even for the richest man, versus vanity purchases like Larry Ellison buying Lanai or Walton buying the Broncos for 4.5 billion.

There was never a concurrency issue so Vasil fixed it, another lie, and clarifies that by Twitter's integrity he means the functioning organization, not moral virtue.

Acquiring Twitter means a mass exodus of the board and executives so it runs on a skeleton crew needing rebuilding, since large acquisitions are usually mergers with a management harness that SpaceX or Tesla cannot provide.

He will not help Truth Social because it is a perverse parody with no innovation, a carbon copy of the platform Trump was banned from with no different information curation.

Recalls his decentralized-social YouTube video to Jack Dorsey covered veracity bonds behind claims, verified credentials to segregate bots, curation incentives, reputation systems, and stochasticism to break echo chambers.

The problem with Truth Social is that if the system disagrees with Trump it is called a cult, since he built an echo chamber like Craig Wright's BSV where the prophet is always right.

Argues a properly built censorship-resistant system would expose a globalist agenda's lies rather than being embedded in a partisan network beholden to one leader with a poor relationship with truth.

He is a free thinker in no political party, called both a Biden lover and a Trump supporter, which shows how polarized people are.

Advises not starting a 9-year-old with blockchain but buying a kids' Raspberry Pi to fall in love with hardware and software, then teaching Austrian economics and systems theory so blockchain becomes native.

Corrects Chico that he never climbed in Nepal, but a community member climbed Mount Everest with a Cardano flag, showing the community are real, tough people who set and achieve goals because they are inspired.

Says a Crypto Bison announcement is likely at the Cardano Summit, and admits he is tired of the criticism at 10:30 on a Saturday spent with the community.

He recorded a music video with Champ, and that Snoop Dogg will be in it but could not make the ranch, out in 2022.

He is not ready to fight Jason since he is out of shape, and that it was a chance to make peace for charity rather than two fat old guys fighting at a barbecue.

He would have the same crypto enthusiasm if he were not rich, since he was poor entering crypto with as much or more, as it is the only place to change the world.

Says preliminary input-endorser CIPs are being written for the November Summit and might slip, and recalls exploring an open-source trusted hardware module for currency, identity, and supply-chain chips.

He funded a University of Wyoming blockchain lab and explored a RISC-V roll-up for trusted hardware, but COVID, talent shortages, and the lab head's problems stalled it after the New Balance deal with ScanTrust and Tangem.

He is getting back into piano with two Yamaha Clavinova weighted digital pianos, but that Yamaha bows to no one on delivery dates, not even Elton John.

Emergent behavior from complex smart contracts stays within the original composable security model, since you would still need a dishonest majority to overcome the ledger, though DeFi protocols carry their own assumptions.

He likes neither Lord of the Rings nor Game of Thrones anymore, since Amazon owns and turned Lord of the Rings into a woke mess and Game of Thrones died after season eight.

America is his home where he will die, and that you should make your community and nation better since there is nowhere to escape to if America falls into social-credit chaos, the last bastion against tyranny.

He did not like the healthcare system so he is building a better one in Gillette, and the financial system so he is building one from Wyoming, standing up for what matters even when hard.

Expects hard times ahead, probably another Great Depression as the credit bill comes due, but notes his grandfather lived through worse, so keep your optimism and spirit high.

Closes that making America more peaceful, honest, and transparent transitively makes the world better as a model against totalitarianism, and that is the rest of the story.