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Création de contenu crypto éthique, stratégie d’invest et de mining & avenir du BTC avec Monsieur TK image

Création de contenu crypto éthique, stratégie d’invest et de mining & avenir du BTC avec Monsieur TK

S1 E14 · The Polymath Experience
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128 Plays2 years ago

TK mining est devenu une référence dans la vulgarisation des concepts  liés aux cryptomonnaies. Il est aussi un exemple pour les créateurs de  contenu qui veulent vivre de leur activité.  

Dans cette conversation, il nous parle de son parcours, de comment on  peut être payé tout en restant éthique et explore en profondeur le  minage, le Bitcoin, le Proof of Work et d'autres sujets connexes.

The Polymath Experience est un podcast décentralisé qui appartient à ses  auditeurs, rejoins nous sur Discord pour prendre part à l'aventure :  https://discord.gg/PwYt39W95k

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Transcript

Introduction & Guest Welcome

00:00:00
Speaker
Hello everyone and welcome to the Polymath Experience, the experience Polymath.
00:00:04
Speaker
I am Polymath, your host and today I receive someone who is one of the content creators of our sector that we can't love.
00:00:12
Speaker
He could have created himself with the content that he created, probably a complete university on the Web3.
00:00:17
Speaker
He has accumulated a huge amount of knowledge.
00:00:20
Speaker
by his years of research and around the content he created.
00:00:24
Speaker
And the following, it's exposed to new opportunities and also with the good practices, the good practices that he goes with.
00:00:31
Speaker
And he has a positive energy, contagious, and after all, it's a real pleasure to receive him today.
00:00:37
Speaker
I call him Mr. TK.
00:00:39
Speaker
Welcome.
00:00:40
Speaker
Hello and thank you for the invitation.
00:00:42
Speaker
With great pleasure.

From Chemistry to Crypto

00:00:57
Speaker
You told me the first time you had a scientific background, you were going through chemistry studies, and could you relate a little bit the choices and the experiences that followed
00:01:09
Speaker
who made you go there and brought you to here?
00:01:11
Speaker
And how did it happen?
00:01:13
Speaker
It's true that I'm not going to do commercial studies or other studies.
00:01:18
Speaker
I'm from the scientific sector, with the chemistry, I'm a diplomat, I'm a chemist of training.
00:01:22
Speaker
I worked for 10 years in a company, in a research department, in the chemistry.
00:01:27
Speaker
And in fact, if you want, I'm not necessarily...
00:01:38
Speaker
of the way to facilitate the world of blockchain, cryptocurrencies, etc.
00:01:43
Speaker
Because I'm not a developer, I'm not a code, but I think that the fact of having this scientific reflection that englobe cryptocurrencies, I will say, it probably helped me to get into the water.
00:01:56
Speaker
I have also the habit of using the math in general.
00:02:01
Speaker
So it's also true that I'm not too lost when you start calculating the rendements, the percentage of gains, the percentage of pertes, etc.

Making Crypto Accessible to French Speakers

00:02:09
Speaker
So I'm rather a little bit with that.
00:02:11
Speaker
And you have also highlighted a point important.
00:02:14
Speaker
I'm also a little bit at least with the English, which, it's a good point in the crypto money, is part of the main point, if it's not the main point.
00:02:20
Speaker
And now, there are
00:02:29
Speaker
more and more content in French.
00:02:31
Speaker
So it's true that it becomes more accessible for the French community.
00:02:34
Speaker
But when I started at the time in 2016, there was no content in French.
00:02:40
Speaker
It was only English, English English technique, and so it's true that it was a part of the work that I accomplished that was to transpose all this knowledge that came from English to French, to touch the French public.
00:02:58
Speaker
This work was super important.
00:03:00
Speaker
You know, here I recorded with Cryptomath.
00:03:02
Speaker
So Cryptomath, you are a little, I'll say, I don't know, I have done this work, which was super important.
00:03:10
Speaker
Because, effectivement, I had four years before I realized that there was a CTFR.
00:03:15
Speaker
I didn't have noticed because before it was only the Coby and all these people.
00:03:21
Speaker
And you have done a great job for onboarding.
00:03:24
Speaker
And you have done a good job because now, in these two years, it is still been released several times.
00:03:31
Speaker
There is a very beautiful community francophone.
00:03:35
Speaker
So, bravo to you.
00:03:36
Speaker
And just to the scientific side, to the math, you think that it gives you benefits?
00:03:41
Speaker
How do you help you to keep a
00:03:44
Speaker
a little bit of objectivity in how you navigate this ecosystem?
00:03:48
Speaker
I think, in all of a sudden I can't judge it 100% because we are never certain of that, but I think in all of a sudden that was useful, especially for understanding how things work on the level of blockchain and others.
00:04:03
Speaker
I think that it's an advantage, like someone, for example, who would be at a good time with the code, for example, a developer, a person who works in development or
00:04:14
Speaker
dans les réseaux, il sera quand même beaucoup plus à même de pouvoir suivre des informations, comprendre ce qu'il fait aussi, parce que bon, faire des choses, c'est quelque chose, mais comprendre ce que l'on fait, c'en est une autre.
00:04:26
Speaker
Donc, je pense qu'il y a effectivement certains...
00:04:29
Speaker
I can't say domain, but we can have some small advantages.
00:04:32
Speaker
I don't know many people who have launched the world of blockchain, of cryptomoney, who have no money scientific, informatics, developers, all that you want.
00:04:44
Speaker
People who are just issues of jobs, for example, I met a gardener, a maçon, so really people from all horizons.
00:04:52
Speaker
and who have taken pleasure to discover this ecosystem, to learn more about this subject, and who have really put their hands in the cambouis for going further.
00:05:04
Speaker
Just the stage, I understand vaguely what's happening, but really, I think it's a advantage, but it's clearly not closed.
00:05:11
Speaker
Really, nobody can go to this ecosystem.
00:05:15
Speaker
It's true, nobody can go to this ecosystem.

Science vs. Emotion in Crypto

00:05:17
Speaker
I think it's interesting to learn from
00:05:20
Speaker
of each person and the baggage they have and this scientific scientific math and factual is important because it is still a sector even immature and which is very driven by emotional emotional marketing is super important all the projects that we cross are looking for you to buy and there are some who are very good in marketing but who are poor and there are some who are poor but who are very good projects and who are bad in marketing and
00:05:49
Speaker
And so, to bring a little bit of science and to put in place some methods for your own development in the ecosystem, I think it's important.
00:06:00
Speaker
And I'm talking to myself in saying that.
00:06:03
Speaker
There's something that I found super impressive in me looking at a little bit on your réseau, it's this...
00:06:10
Speaker
You keep the height and light even when you're facing your daily life, which is toxic, which is the message of people who attack you.
00:06:19
Speaker
Where do you become it?
00:06:21
Speaker
Is it something you've learned from the top?
00:06:23
Speaker
Is it something you've learned from before and brought you here?

Handling Criticism with Humor

00:06:29
Speaker
A little bit.
00:06:29
Speaker
I think it's an accent, but I'm from Belgium.
00:06:31
Speaker
I think that in Belgium, we have the habit of an auto-durison very high.
00:06:35
Speaker
So I think it's a good thing.
00:06:37
Speaker
And then, yes, when someone is toxic or negative in you,
00:06:50
Speaker
and who attack you without reason.
00:06:52
Speaker
Because as I say always, when there is a critique constructive, it's not a problem.
00:06:55
Speaker
The goal is to improve and to learn.
00:06:57
Speaker
But the critique which is non constructive, where the guy, the person is just there to demolish because he's in his corner and he says, I'm going to cast his feet to someone.
00:07:09
Speaker
You have two choices.
00:07:10
Speaker
So you ignore it, it's actually a very good way to do it.
00:07:13
Speaker
Because if you respond, no matter how you respond, you will bring water to his own and he will continue to take care of it.
00:07:20
Speaker
So I have to say, in a general, haters are gonna hate.
00:07:23
Speaker
So you can't beat a haters because it's his only reason to be.
00:07:29
Speaker
Or you can't answer it, but then you can't answer things with a humorous thing.
00:07:32
Speaker
It's true that I'm part of this idea with the second degree, the gross auto-dérision.
00:07:39
Speaker
And there are often people who tell me, like you said, I don't think you continue to respond to them, while they're just there to bash them.
00:07:47
Speaker
For example, on Twitter, like everywhere, like on all the channels, there are people who are very good with whom you spend an excellent time, you learn something.
00:07:54
Speaker
There are people who are a little less good, it's logical, it represents the world.
00:08:00
Speaker
But I don't block people, I don't block people because you could block people and it's done, it's done, it's done.
00:08:06
Speaker
I prefer to respond to a good way and I think that's always a funny image and it's a funny thing that I'm in reality.
00:08:13
Speaker
I'm like that in the day of the life.
00:08:14
Speaker
I don't create a character for the networks.
00:08:17
Speaker
It's so cool, it's a pleasure to see.
00:08:21
Speaker
There's never a moment where it makes you react and you want to let them go?
00:08:26
Speaker
At first, yes.
00:08:27
Speaker
At first, when you're not used to have enough interest in your own, because, again, when I

Early Days in Web3

00:08:34
Speaker
was launched on the réseau, I didn't say I was going to create a YouTube channel, a Twitter account, which is where the goal is to reunite hundreds of thousands of people.
00:08:43
Speaker
For me, the goal was just to share my experience, my knowledge.
00:08:47
Speaker
So it was that.
00:08:49
Speaker
There are people who are on the réseau with
00:08:51
Speaker
to have a big community.
00:08:54
Speaker
At first, it was not at all.
00:08:55
Speaker
It was very organic because it was done in a progressive way.
00:08:59
Speaker
It was true that at the beginning, when you're not used to it, when you have 20 people who follow you and the 21st person comes completely bash, even before, without critique constructive, just for the pleasure of being frustrated and wanting to discharge someone's hand on someone,
00:09:17
Speaker
At first it's true that you're asking because you're asking yourself to really make something bad or you're making a mess.
00:09:24
Speaker
And then after, as I said, haters are going to hate, there are people who are there only to bash the work of others.
00:09:33
Speaker
And if you follow these accounts, you see that they're not going to criticize not one person in particular, but really all the ecosystem.
00:09:39
Speaker
Just because they don't know what they have, they're ennuyant, they have to do something to kill or something.
00:09:45
Speaker
So I always say, if I was a haters, if I was not at all with a person, rather than losing my time to insult or demolish the person on the show, I always say, build something.
00:09:56
Speaker
If you're not at all with what I say, which is totally logical, there's no problem, we have the right to not be at all.
00:10:09
Speaker
I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know
00:10:35
Speaker
But I'm asking the question, sometimes I'm not even sure, and it's very good like that, but I'm asking the question of how I would react.
00:10:45
Speaker
I would like to invite them and ask them, okay, you want to talk?
00:10:50
Speaker
Come on my live Twitch.
00:10:53
Speaker
And we'll talk about all this and see what the foundation is there.
00:10:58
Speaker
That's a very good idea.
00:11:00
Speaker
I'd be curious to see, on 100 haters, how many people would agree to go into a live or something to discuss.
00:11:07
Speaker
Again, the goal is to have an exchange.
00:11:09
Speaker
In any case, I'd be curious to see how many people you can have.
00:11:17
Speaker
Vas-y, teste.
00:11:18
Speaker
Teste-le et tu me diras, quand tu as quelqu'un qui accepte, tu me dis et je viendrai.
00:11:23
Speaker
Je serais trop, je serais très curieux de voir ça.
00:11:26
Speaker
Mais ça ferait des belles conversations, ça ferait du beau, ça ferait du bon contenu et ouais, je serais très friand.
00:11:33
Speaker
Tu te souviens de tes premiers mois, de tes deux premières années dans le Web3?
00:11:38
Speaker
Tu as dit que tu étais arrivé en 2016.
00:11:39
Speaker
C'était quoi tes premiers moves?
00:11:41
Speaker
C'était quoi tes premières décisions?
00:11:43
Speaker
Tes premiers investissements?
00:11:44
Speaker
Est-ce que tu as été, comme moi, complètement happé par la folie des ICO?
00:11:48
Speaker
Ou est-ce que tu as su garder ton sang-froid?
00:11:52
Speaker
like we said, it goes to 2016.
00:11:53
Speaker
It's a long time and not so long that it was.
00:11:56
Speaker
The guys who started in 2013, they would say that 2016 is recent, but currently we are almost in 2024, so it's true that the time is going.
00:12:02
Speaker
I started a little differently from many people, it's to say that many people
00:12:07
Speaker
who are interested in crypto money and who are interested in investing in their first Bitcoin, their first Ethereum, etc.
00:12:12
Speaker
In all of a sudden, when I started to be interested in crypto money, I explained it to myself.
00:12:18
Speaker
In general, if you want to, I wanted to get a little bit of money on the side.
00:12:23
Speaker
So there was no dream of becoming millionaire, I'm going to win a lot of money.
00:12:28
Speaker
My goal was to gain a little bit of money, a little bit of money, to pay my own little things.
00:12:33
Speaker
A little cinema, video, what you know.
00:12:34
Speaker
At the time, I had 50€ on the month and I was super happy.
00:12:37
Speaker
There was no dream of rich, of folies.
00:12:38
Speaker
And so I realized that at this point, I discovered the crypto money.
00:12:42
Speaker
And at the time, when I started, I realized that
00:12:52
Speaker
It looked a little too much for real.
00:12:54
Speaker
You buy virtual, it can take value, etc.
00:12:55
Speaker
So I was so low to the idea of getting on a site internet.
00:12:59
Speaker
At the time, in 2016, we didn't have exchanges like now.
00:13:02
Speaker
I mean, you have a good Binance, everything is done, you put your little blue card.
00:13:06
Speaker
At the time, it was very mocious.
00:13:17
Speaker
It was really very mocious.
00:13:19
Speaker
I was thinking that I didn't want to put money on a bit obscure platform that I don't know.
00:13:23
Speaker
And I was thinking, is there not a way to do it to get other money to get crypto money?
00:13:28
Speaker
And that's where I discovered the mining of crypto money.
00:13:32
Speaker
That's how I really arrived in crypto.
00:13:35
Speaker
So I was thinking, rather than spending money for buying my first crypto money,
00:13:40
Speaker
I realized that we could turn a computer at home and that in letting this computer turn all the day, there was a possibility of generating a little bit of crypto money.
00:13:50
Speaker
Again, the goal was not to imagine that I was going to do a fair or a fair, it was just that I was going to turn the PC while I didn't use it, because as I said,
00:13:58
Speaker
I'm a fan of video games, I'm a player on PC, so I had a big PC for the game, and I thought I'd be able to turn it on the time I don't use it, the time I'm working, the time I'm working, the time I'm working, the time I'm working,

Staying Authentic in Content Creation

00:14:15
Speaker
And that's how I got my first Ethereum, because at the time, we could have been mining of Ether.
00:14:20
Speaker
So I got mining of Ether at the beginning, without too much thinking about it.
00:14:23
Speaker
Because you say you want to get virtual, but there's not even more euros, you don't have even more euros in the pocket.
00:14:28
Speaker
And then I got a little bit of mining, I tried to revend and I saw that there was a possibility of getting this money on your bank account.
00:14:37
Speaker
And I thought, okay, I had removed this aspect of the scam and I was left in this great adventure which is the crypto money.
00:14:45
Speaker
That's how I made my first steps in the ecosystem.
00:14:47
Speaker
That's great.
00:14:48
Speaker
I love you.
00:14:50
Speaker
the simplicity with which you have to deal with things and the way so organic and natural I'm going to test it, I'm going to see what it does and it works well.
00:15:00
Speaker
We have really this thing of hyper-crowing in our society in general but in the ecosystem also.
00:15:07
Speaker
In fact, you see that in the end, you have to do things well with repetition and in the end it works and it has a look to have worked well for you.
00:15:17
Speaker
Sur the way creation of content,
00:15:20
Speaker
Because there are many people who want to do what you do today.
00:15:23
Speaker
There are niches that will continue to create and you are very generalist.
00:15:28
Speaker
But there is always this need of good content creators.
00:15:34
Speaker
You who know a certain success over a certain time, what do you think, what are the best lessons you've learned these years that have made you someone
00:15:44
Speaker
de bon et d'efficace dans ton activité?
00:15:47
Speaker
Je pense que la première chose, la plus importante, c'est de faire des choses qui nous plaisent.
00:15:55
Speaker
Donc, si tu as envie de devenir un créateur de contenu dans un domaine
00:15:59
Speaker
We're going to talk about crypto-monnaies, but I think it's really applied to any type of content.
00:16:05
Speaker
It's important to create content in a domain that you love and that you want to talk about.
00:16:10
Speaker
Because I think if you want to tell you, at the moment, what I'm talking about is the most trading.
00:16:20
Speaker
But if you're not at all at all that, that doesn't interest you much more than that, if you start creating content on the trading and you force a little bit to do it, even if it's maybe the domain that now for the moment people search for the most, it's not there that you'll be the most at all.
00:16:36
Speaker
I think that when you create content, it's a bit to say, but it's a bit to say, it's a bit to say, but it's a bit to say for you.
00:16:42
Speaker
that it makes you feel pleasure and I think that when you distribute this content to people and that people just see that you take pleasure, that it's fun to share what you've learned, what you've learned with the community, I think that it's much more fun even for the person who watches rather than seeing someone who's forced to explain something they don't know well, they don't care about it and I think that it feels really at the level of the viewer, the person who watches.
00:17:09
Speaker
It's so true.
00:17:10
Speaker
It's so true.
00:17:13
Speaker
And 90% of people who create content should be in the way of thinking.
00:17:17
Speaker
Because the markets will continue to change.
00:17:19
Speaker
And if you try to follow the market, that's not the importance of the niche.
00:17:24
Speaker
What's the difference do you see the content creators today make for you?
00:17:29
Speaker
They put the buttons in the roof.
00:17:30
Speaker
Good question.
00:17:31
Speaker
I think it depends on the content creator.
00:17:34
Speaker
If you try constantly following the trend, the trend of what people want to watch,
00:17:46
Speaker
I think we can very quickly, as a creator, we can very quickly lose our content creation and probably go into, I will not say, areas that we don't have a problem, but rather in domains where we are less at a time.
00:18:00
Speaker
And that's been seen, especially with the bear market, because for the moment, the crypto money is not really at the end, which is a bit logical.
00:18:11
Speaker
It's a bit of a new year.
00:18:14
Speaker
You see, I'm saying, I'm saying,
00:18:18
Speaker
And I think it's really... I mean, imagine that it's been years ago that you create content, for example, on the crypto-money, and you're in the day or the day, I'm inventing, you create content, for example, on the cars, or on the jeux video, or something else, in saying, well, listen, the crypto-money, for the moment, it's not working, I'll pass to other things.
00:18:36
Speaker
I think it's possible to make the transition
00:18:39
Speaker
But I think it's very risky and there's maybe one who will succeed in the transition of passing from one subject to another, but there are eight or nine who will be breaking the figure because it's really a different domain, a different system.
00:18:52
Speaker
And I think that when you've learned over years the code of the system, it's relatively complex to pass to another.
00:19:00
Speaker
And that's what's also in bear market because when you're in a bull and all réuss, you focus on the crypto money because it's what they want.
00:19:07
Speaker
It's what I search for people.
00:19:10
Speaker
There are sponsors at all, so you can pay.
00:19:13
Speaker
Do you think that one day you will create content?
00:19:17
Speaker
Because your content has been enlarged over the years, because there are more and more things that happen.
00:19:23
Speaker
Do you think that one day you will create content on other topics?
00:19:27
Speaker
Well, as you said, my content, if you take my first video, it was really axed on the mining, because it was really the domain that I liked.
00:19:35
Speaker
One year or two later, there was a lot of vague, all the nodes, the masternodes, the staking, which indirectly... Well, it doesn't work like the mining, but the objective is the same, so it's secure a network, to be remunerable for that.
00:19:48
Speaker
So, for me, it was very much interested in the mining, even if it doesn't work like the same way.
00:19:53
Speaker
And it's true that I have a monosujet, if I can say, I'm going to say several subjects, but they are always in line, of course, with the blockchain.
00:20:02
Speaker
As I said, for example, I'm very bad in trading.
00:20:05
Speaker
It's true that it's not too much to me to give a course to people trading, because, well, if they want to lose money, it's possible.
00:20:13
Speaker
But it's true that I've already had the desire
00:20:16
Speaker
of creating content, but in a different field.
00:20:18
Speaker
I didn't have to go on the other side because I was afraid of going on something else.
00:20:22
Speaker
As I said, I'm a gamer gamer.
00:20:23
Speaker
And then you say, I'll try to do a certain field of gaming content.
00:20:27
Speaker
Because it's a subject and a domain that I'm interested in.
00:20:29
Speaker
But I think if I could do that, I wouldn't do it with my current channel because,
00:20:41
Speaker
you make a big deal of the world of finance.
00:20:44
Speaker
I think that if I could do that, I would create a channel explaining that I have another domain.
00:20:50
Speaker
But at the time of the time that I take the channel, I don't see how... The little time I have left, I just pass it to play.
00:21:00
Speaker
So if it's for no longer playing and to make a video, at a moment, it's also worth taking care of the life.
00:21:08
Speaker
At the time, at the time, it's not planned.
00:21:09
Speaker
It's not planned.
00:21:11
Speaker
But in any case, we know where it is.
00:21:14
Speaker
And I'm going to finish on the content creator.
00:21:16
Speaker
But what is your line of driving on not to present?

Sponsored Content & Transparency

00:21:22
Speaker
What is your process of due diligence?
00:21:25
Speaker
How do you deal with this subject to live, to live, to live and to preserve your community and to preserve the people who trust you?
00:21:37
Speaker
Yes, it's a very good question.
00:21:39
Speaker
Before all, it's really important for the coup that the project interests.
00:21:44
Speaker
It's to say that, honestly, every day I receive, not to say tons, but every day I receive proposals of creation of content sponsored.
00:21:51
Speaker
And at the end, I accept very very few because it's a subject that I don't concern or that I don't touch.
00:21:57
Speaker
Because there are plenty of times where I say, well, I'm going to say, in fact, we would be both a two-perdant.
00:22:02
Speaker
Because I, one part, I'm going to do a video on a subject that I don't care about,
00:22:06
Speaker
So it will be a feeling.
00:22:08
Speaker
Second, my community, she follows me for some very precise subjects.
00:22:11
Speaker
Like I said, I don't do trading, but the people don't come to me for trading.
00:22:16
Speaker
It's true that if tomorrow I start doing a few videos, the people would be a bit lost.
00:22:18
Speaker
Because again, it doesn't matter what I do.
00:22:22
Speaker
So there are a lot of content that I refuse, because it doesn't matter what I do on my channel.
00:22:29
Speaker
And in fact, the content that I'm going to produce, for example, is the content that I'm talking about.
00:22:36
Speaker
For example, I've been talking about crypto-money projects where the goal was to talk about a project, but it was already interesting because it was already interesting.
00:22:46
Speaker
So at this moment, it's a win-win because you say, I'll have to talk about my community because it's a project that I like.
00:22:52
Speaker
And so if in addition to that you can be remunerable for the creation of content, it's a advantage.
00:22:59
Speaker
Because it's true that if we talk about creation of content and revenue, it's necessary to know that 100% of our content is free.
00:23:04
Speaker
Because that's a bit of a point that we have to note.
00:23:08
Speaker
I don't want to do a training.
00:23:10
Speaker
So in general, for very simple, when you are a creator of content, at a moment if you want to really live in a living, you will choose a economic model.
00:23:18
Speaker
So there's the model of training, the model of the content payable, the model of exclusive things.
00:23:24
Speaker
I wanted to make 100% of my content be all the time free, all the time free, all the time free to be available to everyone.
00:23:30
Speaker
So there's no exclusivity for certain members.
00:23:33
Speaker
But in counter-partition, I wanted to make a really sponsor, the fact of having a sponsor
00:23:40
Speaker
in the video or on a tweet who will be remuner for the occasion.
00:23:46
Speaker
But it's a choice that I made.
00:23:48
Speaker
There are others who make other choices and are all at all respectable.
00:23:52
Speaker
I mean, there's not a better, there's not a better.
00:23:55
Speaker
It's really everyone who does it.
00:23:57
Speaker
Everyone does it.
00:23:58
Speaker
On you already did it in order to do that?
00:24:01
Speaker
Yeah, because there are people who understand it very well.
00:24:04
Speaker
At a moment, there are people who understand it very well.
00:24:07
Speaker
At a moment, if you want to live, again, we talk about the activity.
00:24:10
Speaker
Because it's true that if you do that, you have a job on the side and you do that in more, to get to the side.
00:24:18
Speaker
at this point, you can pass it.
00:24:19
Speaker
In my case, it's become my real work, I do to live.
00:24:24
Speaker
And so at a moment, if I do to live, unfortunately, all of which YouTube, Twitch and others payed quite much nothing.
00:24:31
Speaker
So in my case, you're almost obligated to sponsorize or to have a payable content payable, etc.
00:24:36
Speaker
So if you want to live, you have to have that.
00:24:39
Speaker
And so there are people who understand it very well and who say, well, if you want to eat in the end of the month, it's good to sponsorize your video.
00:24:47
Speaker
But there are, for example, who don't accept it because, and I can understand it all, they consider that you can be influenced by the sponsor.
00:24:56
Speaker
They say, for example, you wouldn't want to talk freely about a project because you're sponsored.
00:25:02
Speaker
This is actually a problem.
00:25:04
Speaker
Now, I always say, in all cases, when I talk
00:25:07
Speaker
of video videos, especially for projects.
00:25:09
Speaker
Generally, it's part of the condition I put with the sponsor, it's that I can speak freely about the project, about what it is.
00:25:17
Speaker
I made a video for a store that allows me to deliver... Helium.
00:25:20
Speaker
Yeah, Helium.
00:25:21
Speaker
And in the video, I tell you clearly, I told you I didn't pay it.
00:25:24
Speaker
So, the sponsor me offered the store, I didn't pay it for any case, I just received the store.
00:25:33
Speaker
And I said, just like that, you're clear, I'm transparent, there's no bad stuff.
00:25:37
Speaker
And at the end of the video, I made the plus and the moins, where I said, at the level of inconvenience, that it was a system closed, that we were totally dependent on the stuff.
00:25:46
Speaker
And the people from Helium, well, it was LynxDot, they told me that they were very happy because when you only show the good side of a thing where everything is wonderful, the people are saying that there's a problem at a moment.
00:25:59
Speaker
It's a very complicated topic because when you create content becomes your job and you give you value constantly, there is a moment where you have to find it.
00:26:10
Speaker
And the sponsoring is a model like another.
00:26:12
Speaker
And it's important that it is done in the good conditions with the good mindset.
00:26:17
Speaker
But it's very delicate.
00:26:18
Speaker
In fact, the system which would be... I think it's really... It's really... It's not me.
00:26:24
Speaker
I'm talking for myself.
00:26:28
Speaker
For me, the system that would be the top of the top, it would be to be directly paid by the community.
00:26:35
Speaker
With, for example, all the Tipeee or other things, many creators of content have that, Patreon, or whatever.
00:26:43
Speaker
Where, it's directly the community who will finance it with each other.
00:26:47
Speaker
It's not even a big deal, people will put 1 or 2 €, but when you have an important community, it can quickly represent something.
00:26:53
Speaker
Ça, pour moi, ce serait clairement le modèle idéal parce que là, tu n'es dépendant que de ta communauté.
00:26:58
Speaker
C'est vraiment le top du top.
00:27:00
Speaker
Mais pour avoir essayé de mettre ça en place au départ, quand j'avais essayé, les gens ne donnent pas.
00:27:10
Speaker
The people say, I take the content because it is free and if the content becomes payable, I will take the content ailleurs because I don't want to pay.
00:27:20
Speaker
So at this moment, you say, okay, the model financed by the community, in my case, it doesn't work.
00:27:26
Speaker
So there was a training, but it wasn't something that I was interested in.
00:27:32
Speaker
At the time and even now, it wasn't a domain that I was interested in.
00:27:36
Speaker
So if you don't do the training, if you don't do the payment by community, you can do the sponsoring, or the brand that I came to see.
00:27:46
Speaker
And I feel like it's one of the most expanded models.
00:27:49
Speaker
I mean, when you're on YouTube, you're always on Red Shadow Legends, all these mobile games, War Thunder, what you know.
00:27:56
Speaker
I think it's a model that's already developed.
00:27:58
Speaker
So it's not surprising to see it in the crypto-money market.
00:28:02
Speaker
Completely.
00:28:03
Speaker
And if it's the one who resonates with you, continue.
00:28:07
Speaker
But like you said earlier, the intuition is super important in our career, because there are things where someone will tell you what you should do, and maybe objectively it's true, and maybe for them it's true.
00:28:23
Speaker
But for you, it doesn't work and it doesn't work.
00:28:25
Speaker
And it's something that we forget.
00:28:27
Speaker
And especially, there's a proliferation of gurus on the internet that makes you all a lot of things like this, like this, like this.
00:28:34
Speaker
And at the end, no, not necessarily.
00:28:38
Speaker
It depends on where you're at.
00:28:41
Speaker
Do you think about regulation of this activity?
00:28:43
Speaker
Regulation vis-à-vis of the activity of the creators of the crypto-money, you talk about?
00:28:48
Speaker
Yeah.
00:28:49
Speaker
I'm not directly touched on the French rule, but I apply the new rule, the new influence influence which comes from France, because a large part of my content is in the destination of the French countries, and France represents a large part.
00:29:06
Speaker
But it's true that with the regulation which has been put in place, especially with the fact of not being able to do that promotion in some cases of projects which have an enregistrement or a validation PSAN which respond to X or Y conditions, it's true that it has already been reserced, in all cases it has already been recadrated in part by the
00:29:27
Speaker
the legislator, the regulator.
00:29:29
Speaker
Is it still to

Regulations and Creative Freedom

00:29:32
Speaker
go further?
00:29:32
Speaker
I think there is a limit.
00:29:34
Speaker
I think we could go further further to avoid some arnaques or other.
00:29:39
Speaker
But at a moment, I think Owen Hasher had very well said that if at a moment, we encadre a lot of
00:29:45
Speaker
the ecosystem as compared to others like I don't know, I don't know, the makeup, beauty, etc.
00:29:51
Speaker
If we restrain, pardon, much more than the ecosystem, we will end up with the kill also.
00:29:56
Speaker
And I think there is a just a place to have an equilibrium between letting the place to the content creators, but still to encadrer to avoid doing everything and anything.
00:30:05
Speaker
because already we are going to put the side of the entrepreneur on these subjects, if we are going to put the side of education on these subjects, it's done, everyone will go to France and Europe.
00:30:17
Speaker
Passons to your...
00:30:21
Speaker
Enfin, à une de tes spécialités, en tout cas.
00:30:23
Speaker
Passons sur la direction un peu plus crypto dans ton expertise.
00:30:27
Speaker
Moi, il y a une question que je me pose en regardant des choses que tu fais.
00:30:31
Speaker
C'est, est-ce que tu penses qu'une personne normale, elle doit forcément comprendre ce qui se passe en dessous?
00:30:37
Speaker
Et je précise, tu vois, j'utilise tout un tas d'applications.
00:30:40
Speaker
Je n'ai aucune idée sur le fonctionnement technique, technologique de ces choses-là.
00:30:47
Speaker
Mais est-ce que tu penses que...
00:30:49
Speaker
blockchain has spécificités which make us think we should be able to creuser, we should be able to understand how it works, we should be able to understand how it's sécurised.

Understanding Blockchain Basics

00:30:59
Speaker
Yes and no.
00:30:59
Speaker
It's a half-time answer.
00:31:02
Speaker
In fact, I'm going to take a simple example of the car.
00:31:05
Speaker
You don't need to understand how a motor works, how it works for a car to use your car daily.
00:31:08
Speaker
You can go from a point A to a point B without never understanding how it works.
00:31:13
Speaker
But
00:31:18
Speaker
I don't want to break the subject at a point, I don't want to understand how, for example, Bitcoin, the algorithm of hachage SHA-256 works, we don't care about it, there are people who understand it, but there are people who don't care about it.
00:31:30
Speaker
But to understand the big lines, again, vaguely understand how the motor works, vaguely understand how the motor works, vaguely understand how the motor works,
00:31:40
Speaker
I think that for a lambda person, it can only be an advantage of understanding a little bit what she does.
00:31:47
Speaker
And especially when she makes a transaction, I envoie from the crypto-money of my portfolio A to the portfolio B to an ami.
00:31:56
Speaker
You don't need to understand how the process works, so to minage, so to staking.
00:32:00
Speaker
But it would be even to understand that
00:32:02
Speaker
My transaction will be introduced in a block, this block will be validated, sealed by miners, for to be envoyed from the other side, etc.
00:32:08
Speaker
The strict minimum, I think that can't make any worse.
00:32:12
Speaker
It can only be more interesting.
00:32:15
Speaker
Now, we are okay, if you don't want to take the head and just say, I'm going to put it on the other side, I don't take the head.
00:32:20
Speaker
Yes, it will work.
00:32:22
Speaker
And so much, much better for that.
00:32:24
Speaker
But...
00:32:26
Speaker
I think it comes from the scientific side of the fact that we want to understand what's happening behind it, a little more than just that it works, it's cool.
00:32:36
Speaker
I think it's always a plus, but it's not obligatory.
00:32:39
Speaker
It's super interesting.
00:32:40
Speaker
And it's true that particularly today, we're still on the...
00:32:45
Speaker
Sur la courbe, on est encore sur les early adopters quand même, sur les innovateurs.
00:32:50
Speaker
Et c'est vrai que le fait de creuser, le fait d'aller chercher ces informations-là, ça t'ouvre à des choses, ça t'ouvre à des opportunités, ça t'ouvre à des possibilités pour vraiment bénéficier de tout ça.
00:33:02
Speaker
Toi, personnellement, c'est quoi ta stratégie d'investissement global?

Generating Passive Income

00:33:06
Speaker
Globalement, en fait, moi, il faut savoir que je suis...
00:33:10
Speaker
I'm a, between guillemets, a gros fainéant.
00:33:12
Speaker
Okay.
00:33:13
Speaker
It's like that, in all of a sudden, I attacked the ecosystem of the crypto monnaies with the mining, the staking, the nodes, etc.
00:33:21
Speaker
In fact, I'm part of the principle that I have time to do this at the level of my investment in the crypto monnaies, but I don't want to do all my time.
00:33:31
Speaker
And so if there were methods, techniques, for example,
00:33:35
Speaker
which would allow me to generate crypto money in a passive way without constantly looking at it every day if everything is going well, it would be ideal.
00:33:45
Speaker
And luckily for me, in the ecosystem of crypto money, as I said, there is one part the mining
00:33:52
Speaker
the proof of work and the proof of stake which are two consensus of validation and function of the blockchain, in operating on the one like the other, you can generate passive crypto money and so indirectly a revenue.
00:34:09
Speaker
It will require you to work at an instant T to put everything in place.
00:34:13
Speaker
But once it's done,
00:34:14
Speaker
Apart from a surveillance of 1-2 minutes, the morning and the evening, it doesn't need more than that.
00:34:20
Speaker
And I was something that was interesting.
00:34:21
Speaker
That's why I'm very bad at trading.
00:34:23
Speaker
For example, I didn't want to follow the course all the day, to see if it all changed, etc.
00:34:30
Speaker
The experts in trading will say that it's not that.
00:34:32
Speaker
But in all, it's like that I see.
00:34:33
Speaker
And so...
00:34:36
Speaker
So I didn't want to lose my time behind the screen.
00:34:41
Speaker
I wanted to be able to pass time on something.
00:34:43
Speaker
But once it turns out, if there is a problem, an inconvenience, there is a moment to put a little hands on the cambouis.
00:34:50
Speaker
But it's true that if it can work all alone, it's all what I'm interested in.
00:34:55
Speaker
And it's so for that I'm very interested in this domain, particularly of the cryptocurrency and blockchain.
00:35:03
Speaker
C'est intéressant.
00:35:05
Speaker
Moi, je ne sais pas du tout comment ça se passe.
00:35:06
Speaker
J'ai un peu cette notion de... Il y a la complexité qui évolue, il y a des nouveaux tokens qui deviennent disponibles en minage, en staking.
00:35:14
Speaker
Depuis que tu as commencé, comment ça a évolué pour toi?
00:35:18
Speaker
Comment est-ce que tu passes d'une crypto à une autre?
00:35:21
Speaker
Comment est-ce que tu passes d'un système à un autre?
00:35:25
Speaker
Et c'est quoi les décisions que tu prends au quotidien pour justement le tour du minage?
00:35:31
Speaker
The most important in the work that I've done is the analysis fundamental.
00:35:37
Speaker
The analysis fundamental is to understand what is hiding behind a crypto-money project.
00:35:41
Speaker
It's to understand who is the team, how are the team, how the project works,
00:35:51
Speaker
I think the first thing to do is to try, because again, nothing is never guaranteed, otherwise it would be too simple, but to try to do a project that, in my sense, but to my eyes, could have an interest and could have an interest to people in the future.
00:36:13
Speaker
Because in general, I started from the principle that if I was going to put on the good horse... Well, the goal was to put on the horse on the long term.
00:36:22
Speaker
I always said that the goal was not to get quickly and for example, you have 1000€ and in two months, you have 2000€.
00:36:28
Speaker
The goal was to say that I put 1000€ and then after an or two, it represents an important sum of money.
00:36:34
Speaker
I want to have 10.000€, for example, like that.
00:36:36
Speaker
And if you want to have this kind of
00:36:38
Speaker
perspective and evolution, it is before all to turn it towards a good background, something that will allow to evolve on the long term.
00:36:48
Speaker
Typically, a meme coin, whether it is Doge, Shiba, PPcoin, for example, it doesn't depend on anything if it is hype.
00:36:57
Speaker
The interest of these crypto-monnaies is on their community.
00:37:01
Speaker
So if there's no hype, the project doesn't go anywhere because there's nothing behind it.
00:37:06
Speaker
In other words, the projects have very interesting fundamentals to solve the problems that we have at the moment, I have to say in the everyday life.
00:37:16
Speaker
How is it going to happen?
00:37:17
Speaker
You are miners?
00:37:23
Speaker
and you decide, you change regularly of tokens that you want to min?
00:37:29
Speaker
You have several in parallel?
00:37:33
Speaker
In this moment, you min what?
00:37:35
Speaker
To do the same thing, the first thing is that you can, between guillemets,
00:37:41
Speaker
to organize it like you want.
00:37:42
Speaker
You can, for example, mine for a month a crypto money at all.
00:37:45
Speaker
You can dispatch all your machines, if you have several machines, on a different crypto money.
00:37:50
Speaker
And it's a bit to you, in terms of the strategy you envision, to do what you want.
00:37:56
Speaker
There are people who will focus on Monocoin and try to have a maximum because they are
00:38:00
Speaker
I'm ultra-convaincu by the project.
00:38:02
Speaker
There are people who say, I'm not going to put all my own in the same panier, I'm going to diversify at max for all of them to go on different domains and see what there is.
00:38:10
Speaker
So, it's really proper to each other.
00:38:12
Speaker
I mean, there's a little bit of everything.
00:38:14
Speaker
And in terms of the moment, it's evolving.
00:38:16
Speaker
I mean, you don't have to mine, for example,
00:38:19
Speaker
in the same way as in the water, because it's not the same way.
00:38:23
Speaker
There are also big major events like the transition of Ethereum from Proof-of-Fort to Proof-of-stake, which puts all the questions in the game.
00:38:32
Speaker
And regarding the mining at the moment, I have two machines that are turning on a small project, Alethium, which is a project that I analyzed and studied, which I thought the principle was very interesting,
00:38:48
Speaker
So it's a small project not known, and it's just that the interest is that, as it is small and not known, there are very few miners who are present on it.
00:38:55
Speaker
So it means that when you mine, the quantities that you will obtain are more important.
00:38:59
Speaker
Because I always take the example of a gâteau.
00:39:01
Speaker
A gâteau, it's the same size.
00:39:03
Speaker
If at a moment, we are 10, we are 10.
00:39:04
Speaker
If we are 100, we are 100.
00:39:05
Speaker
And so we understand that if we are 100, the part that comes back is much smaller.
00:39:10
Speaker
So it's all the interest of turning towards this project.
00:39:13
Speaker
But this project I found after analysis, after research, after, in a way, study of what was behind the project.
00:39:22
Speaker
It's funny because everything you describe... In fact, the mining is really an investment strategy, but in order to invest in the money, you invest in the money and electricity.
00:39:31
Speaker
because you do the same process, you do the same due diligence, you do the same research and you do the same risk also because your project Alethium arrives early, you take a bigger part of the cake and if no one wants to do it later, if the project doesn't succeed, you spend this time and this energy.
00:39:48
Speaker
Exactly.
00:39:49
Speaker
So it's a completely different approach.
00:39:51
Speaker
And so, beyond Alethium, what do you mean in this moment?
00:39:57
Speaker
For the moment, I'm only on Alethium because I'm focused on this project.
00:40:01
Speaker
But in a few months, I was on Flux, another crypto-money that I know very well and that I am from their start.
00:40:11
Speaker
As I said, I had to min the Ethereum when it was still possible.
00:40:16
Speaker
I had to min the Firo, a crypto-money called Zcoin, which was a anonymous crypto-money, a little like the Monero.
00:40:23
Speaker
I had to min the crypto-money,
00:40:27
Speaker
I don't have to have mined 100% but as you said, on 100% they did not perform all the way.
00:40:32
Speaker
There are some who have ended up in the bubble and never rapport.
00:40:35
Speaker
There are some who have been a little bit higher and you have to wait for a higher increase.
00:40:42
Speaker
You have to have a little bit of money but it's not extraordinary.
00:40:47
Speaker
And then there are projects on which it works better.
00:40:50
Speaker
And where you were working well at the beginning, and where the crypto money is actually being part of it, because as you said, it's part of the game.
00:40:56
Speaker
All the crypto money that you mine are not going to be top crypto where you will be able to gain money.
00:41:04
Speaker
And that makes me feel like a question that's not completely related to that.
00:41:09
Speaker
Because today, the Bitcoin is quite centralised around grosses firms.
00:41:13
Speaker
It's a bit of a hypothesis that was made at a moment.
00:41:18
Speaker
I don't know how much it is still going to be found today.
00:41:20
Speaker
I imagine that, in the normal normal things, it would be always true.
00:41:23
Speaker
You confirm?
00:41:25
Speaker
Regarding the centralization of the firms, it's not centralised around the firms.
00:41:29
Speaker
It's especially the pools of mining.
00:41:31
Speaker
So for two seconds, what is what is a tool?
00:41:33
Speaker
It's an entity that will centralize, just one, several miners, on we'll say, for him, it's a server, where the miners will put their power of mining in common.
00:41:44
Speaker
And in fact, if we can talk about centralization on Bitcoin, it would be rather than the tools of mining, which are, just one, joined by these firms of mining, where we have, actually, some very big tools of mining, some very big entities,
00:41:58
Speaker
which is a important part of the power of the calculus on Bitcoin.
00:42:04
Speaker
The biggest advantage, if I could say, of mining and particularly on Bitcoin, is that if tomorrow the mining firm that we talked about, it's not going to be able to go to the big, but it's going to be able to go to his concurrent who is a little bit smaller,
00:42:17
Speaker
I mean, I mean, it's not very complicated.
00:42:20
Speaker
If he has a lot of machines, it will take a little bit of time because it will just reprogramming some things, but it's still a little

Centralization in Bitcoin Mining

00:42:25
Speaker
easier.
00:42:25
Speaker
So it's true that it's a little bit of a thing.
00:42:27
Speaker
But we have a centralization around some big pools of mining.
00:42:30
Speaker
Well, already, do you see that as a problem for the viability,
00:42:39
Speaker
I don't think so.
00:42:56
Speaker
They have no vocation to nuire to the internet because they gain money if they play the game.
00:43:01
Speaker
So for a pool of minages, it would be stupid to go against the Bitcoin network in doing something illegal on their network.
00:43:11
Speaker
And if it was already seen in the past, I think it was in 2013 or 2014, when there was a pool of minages who had more than 50% of the total of hash on their network network, it would have just closed its doors to the new miners
00:43:24
Speaker
which they wanted to join.
00:43:26
Speaker
So they had no possibility of rejoicing this pool.
00:43:28
Speaker
And they had increased the price they were able to push the mineurs, well, a part of the mineurs out, just the time that we're doing the network.
00:43:36
Speaker
And that's done in a few days.
00:43:37
Speaker
So it's not a problem.
00:43:39
Speaker
It's not a problem, but it's not a problem.
00:43:44
Speaker
So it's a little bit of a second question that I had, which was liable, which was, is it for other networks who are naissants and who would use
00:43:55
Speaker
It would be interesting to push the users to make the miners themselves, which is their machine.
00:44:07
Speaker
It happens very often.
00:44:08
Speaker
In fact, on the very small projects, imagine that you have only 50 miners on a small project.
00:44:14
Speaker
You can very quickly have a centralization.
00:44:15
Speaker
It even suffit that there is one in the mineur, which is quite a machine, for example, a farm of mining, that will directly drain a huge part of the power of H. So the network, at the beginning, could be centralized.
00:44:32
Speaker
But the more the one is adopted and the more the one is used, the more it will be decentralized.
00:44:37
Speaker
Again, if the project is good, if you have a pure coin, but generally it's what happens.
00:44:42
Speaker
At the beginning, you have a lot of centralization because you don't have a lot of mine.
00:44:46
Speaker
And as soon as you have mine who join the réseau, the decentralization is bigger.
00:44:50
Speaker
As far as it's the same concept.
00:44:52
Speaker
You talk about tokenomy, you talk about mining, it's a bit the same thing.
00:44:57
Speaker
And so why are the projects continuing to embrace the proof of work, despite the problems we see, despite Ethereum, which is why they are detached?

Proof-of-Work vs. Proof-of-Stake

00:45:07
Speaker
I think there are two things, two main points.
00:45:12
Speaker
The proof of work, in all of a sudden, if we take on Bitcoin, it will take 15 years that it turns.
00:45:19
Speaker
It has never been done in default.
00:45:21
Speaker
So we have 15 years of experience.
00:45:24
Speaker
We have nothing too long as that in the crypto ecosystem, without the moindre fail, the moindre hack, the moindre problem.
00:45:30
Speaker
I mean, the blockchain Bitcoin has never stopped, has never been stopped with its blockchain.
00:45:36
Speaker
So it proves
00:45:37
Speaker
that the proof of work is serious and solid and that it is going well.
00:45:42
Speaker
And then I think that the proof of work has its advantages and its inconvenience.
00:45:47
Speaker
You mentioned it, there is the consumption of electricity which is directly liable to the fact that we use machines for that.
00:45:53
Speaker
But the proof of stake, the direct concurrent proof of work has its advantages, but also some inconvenience.
00:46:00
Speaker
And what comes very often in proof of stake is the centralization.
00:46:05
Speaker
We talked about the pool of mining with the fact that the miner can very easily change pool to decentralize the new network.
00:46:12
Speaker
It's something which is much more complicated to do on the proof of stake because even the principle that more you have to generate money, because you have to put this money in cash for gaining, the rich become more rich and that's a bit of the problem that we have on the proof of stake.
00:46:31
Speaker
So it has advantages, it consumes much less energy, it has other inconvenience, the centralization is mainly what we reproach the most
00:46:39
Speaker
or coin or proof of stake.
00:46:41
Speaker
There's no solution perfect.
00:46:46
Speaker
I wasn't aware of how it could pose a problem on the proof of stake.
00:46:50
Speaker
I didn't know.
00:46:52
Speaker
For you to tell, there's a proof of work, proof of stake, and there's a project that combines the two technologies to try to
00:47:02
Speaker
to be able to be the best of the world.
00:47:04
Speaker
It's not always a very good thing, but you have projects that are both in proof of work and in proof of stake, where it's really a mechanism where we have two systems that work together.
00:47:16
Speaker
You have two advantages at the same time, but you also get the inconvenience of the two.
00:47:21
Speaker
Because, effectively, the centralization is a bit more discutible because, as you have a part of the minage, your chain, which works in proof of work, will consume energy and you will not know anything to do.
00:47:29
Speaker
Even if you have a proof of stake, you will reduce it, but you will always consume energy.
00:47:33
Speaker
In any way, it's like that.
00:47:34
Speaker
In the technology, there are always compromises to do.
00:47:36
Speaker
One of the things I'm looking forward to see in the years, is that, in my opinion, there are solutions to energy that are not yet too much known,
00:47:51
Speaker
I don't know the name in French, Zero Point Energy Field.
00:47:54
Speaker
That's something?
00:47:56
Speaker
Like that, no.
00:47:57
Speaker
It's the technique that used Tesla to create its tour, which would be able to generate energy to infinity.
00:48:05
Speaker
Okay.
00:48:06
Speaker
I was not sure.
00:48:07
Speaker
And who had been... You should have seen it.
00:48:09
Speaker
It's pretty crazy.
00:48:12
Speaker
And who had been... It was JP Morgan at the time who had made him foyer his project.
00:48:19
Speaker
And there's a guy called Dr. Stephen Greer who has released a documentary recently and who talks about UFOs, about potentially...
00:48:33
Speaker
which technology they could use.
00:48:35
Speaker
The first part of his documentary is focused on all the projects that were annihilated by the American administration and which, in general, were in this sense.
00:48:48
Speaker
In general, rather than looking for energy in the physical, by the wind, by the sun, by the sun, you will search for energy in the quantic.
00:48:59
Speaker
And at this moment, if we get to go there, the proof of work doesn't cause any problems.

Quantum Threats to Blockchain Security

00:49:03
Speaker
However, if we do a lot of advanced quantum mechanics, not necessarily energy, but informatics, there is another problem that is posed on the proof of work.
00:49:12
Speaker
And that, I wanted to ask you, because I didn't have any questions that I was really satisfied, what happens once the quantum computer has really advanced?
00:49:22
Speaker
I asked a question to a professor of university who was specialized in the domain.
00:49:28
Speaker
He is a professor at university, he works in the quantic, but it's an opinion among others.
00:49:33
Speaker
He explained that, contrary to classical computers, the quantic computers are programmed to work in one way.
00:49:45
Speaker
and especially in a single way of calculating.
00:49:47
Speaker
At the moment, the quantum computers that we are developing are not designed or designed to be able to decode the algorithm of Bitcoin.
00:49:55
Speaker
We are talking about the SHA-256.
00:49:57
Speaker
They are not done at all for that.
00:50:08
Speaker
It's to say that at the time, if we wanted to have an computer quantum computer, for example Bitcoin, the computer computer, it would be necessary to take everything from the beginning.
00:50:19
Speaker
So, we have to forget everything that we have programmed for the computer quantum computer.
00:50:22
Speaker
We forget everything, we have to forget everything, and we have to rebuild everything.
00:50:25
Speaker
So that's the first case.
00:50:27
Speaker
So, we saw that we have this security where we don't calculate the right way for this kind of task.
00:50:33
Speaker
That's a bit what we save.
00:50:34
Speaker
But we told him, between other words, that if we had people who said that we would really do it for decoding the SHA-256 and that's it,
00:50:46
Speaker
He explained that it was much more interesting to do than to attack Bitcoin at the moment, because the SHA-256 is a cryptic method, or in any case, which is used in many domains, and especially in all of the finance, cards of credit and other.
00:51:02
Speaker
So he explained that if you were a bad entity with a quantum computer, it would be much more interesting and much more profitable for you to attack the traditional system and for example, to be able to make all the security of the blue cards, rather than to attack Bitcoin, where you will take a lot of money, but it will be at Bitcoin, while you really attack the system.
00:51:25
Speaker
So he explained that he gave me this as explanation.
00:51:29
Speaker
It's worth what it's worth.
00:51:32
Speaker
I'm not an expert in quantics, but the way he explained things, I wanted to give him confidence for it.
00:51:37
Speaker
Okay.
00:51:38
Speaker
And if it's been said that in 15, 20, 50, 100, we have an computer quantic developed and could do it, is there a way to make it evolve the system of hash?
00:51:53
Speaker
Because it seems that it was an element of response.
00:51:56
Speaker
Do you know more about this side?
00:51:57
Speaker
In general, Bitcoin was built to function with this hash in SHA-256.
00:52:03
Speaker
It is used in many other domains.
00:52:07
Speaker
Since the birth of Bitcoin, this algorithm has always done its job and it very well.
00:52:14
Speaker
But it's not at all... It's seen in many other crypto-monnaies.
00:52:16
Speaker
Bitcoin has never done it, but there are many crypto-monnaies who have changed their function.
00:52:22
Speaker
The most famous one is Monero.
00:52:25
Speaker
Monero, I will not say that he changes his time, but he changes it regularly to keep an aspect decentralized because in fact, we have companies that create specialized machines for the mining of Monero and the team of Monero refuses to really get ASIC, so these machines are not supposed to be specialized, so until the machine is ready, they change the algorithm and the machine is, between guillemets, it's good to go to the bubble because we can't reprogram it.
00:52:49
Speaker
And so, we could envision, it would be an enormous consensus to make it accept the Bitcoin community.
00:52:56
Speaker
So, it's something else if they want to accept it.
00:52:59
Speaker
But we could say, if we guard the SHR256, we have a quantum computer which is ready to decode, is it not the best moment to change an algorithm?
00:53:08
Speaker
We can do it.
00:53:09
Speaker
If we want to do it, it's another thing.
00:53:11
Speaker
But we can do it.
00:53:11
Speaker
We can do it.
00:53:12
Speaker
It would just be an accord of the majority of the community around Bitcoin.
00:53:17
Speaker
That would be funny.
00:53:18
Speaker
Because we don't know who these Bitcoins will be from there.
00:53:22
Speaker
With everything that happens with Microsoft and all the ETFs will have a place.
00:53:28
Speaker
It's not exactly the function of the ETF.
00:53:37
Speaker
I don't know the regulation on the backing there to create an ETF.
00:53:41
Speaker
How many bitcoin do you have to create?
00:53:44
Speaker
Aucune idea.
00:53:45
Speaker
It would be interesting to... I'll go to that.
00:53:47
Speaker
Let's change a little bit of format for a few minutes.
00:53:49
Speaker
And I have a fire side questions, a few questions to answer in a few seconds.
00:53:54
Speaker
If you were to buy a NFT, what would you hold a crypto kitty?
00:53:56
Speaker
Because it was the first time I started.
00:54:06
Speaker
Pareil, on est de la même école, premier NFT acheté en 2017.
00:54:12
Speaker
Si tu devais acheter une seule crypto, que tu garderais à vie?
00:54:15
Speaker
Bitcoin.
00:54:16
Speaker
Facile.
00:54:17
Speaker
Si tu avais 10K pour te faire un portfolio, il ressemblerait à quoi?
00:54:20
Speaker
50% sur Bitcoin, 25% sur Ethereum et les 25% sur des plus petits coins.
00:54:27
Speaker
Il y aurait probablement Atom Cosmos, il y aurait Flux, il y aurait comme ça de tête.
00:54:33
Speaker
Qu'est-ce que je mettrais bien dedans?
00:54:36
Speaker
Morphous Network, when I speak.
00:54:37
Speaker
Okay, too much.
00:54:39
Speaker
If you could do a flight in space, would you do it?
00:54:41
Speaker
Yes.
00:54:42
Speaker
Would you do it?
00:54:46
Speaker
No, not in the immediate.
00:54:48
Speaker
Okay.
00:54:49
Speaker
The three people with which it matches the most in the ecosystem?
00:54:52
Speaker
I'm with much more than three people.
00:54:54
Speaker
And the problem is that when you're citing people, you always forget them.
00:54:58
Speaker
Yeah, but I'm sure they understand.
00:54:59
Speaker
I'd say that the people with whom I'm hearing the most, it's those with whom I share the most of things.
00:55:06
Speaker
I'll put the coin of mine, Elan Flux, and Kaiser or Jean-Jean Labricole.
00:55:09
Speaker
If you want to add two or three, you can add.
00:55:12
Speaker
I'll put it.
00:55:12
Speaker
Carek, No lol.
00:55:28
Speaker
The guy who's on Twitter and he's doing all the list of people who follow you.
00:55:32
Speaker
What are you doing in the online world?
00:55:33
Speaker
The time I spend playing on the PC.
00:55:40
Speaker
And one thing that people in line think about you and which is not true.
00:55:44
Speaker
Etonemly, there are a lot of people who think that I'm French.
00:55:48
Speaker
But you talked about your accent earlier.
00:55:50
Speaker
Sometimes it goes a little bit, but I think you're in the mass.
00:55:53
Speaker
Honestement, yes.
00:55:54
Speaker
I think that, on the hear a little bit, but compared to others, it's much less strong.
00:56:00
Speaker
And now, we can return to the technique and I have a little challenge for you.
00:56:04
Speaker
If you could present the bitcoin to a child of 5, it would look like a what?
00:56:09
Speaker
It's hard, it's super hard.
00:56:12
Speaker
I think... You can test it?
00:56:14
Speaker
I can, but I know there's a game of the plateau, I forgot the name of the person who invented it, there's a person who made a game of the plateau,
00:56:23
Speaker
to explain to children how to explain Bitcoin, where you have cards with a blockchain, a Nazi, a thing of mining, and it's super well done.
00:56:33
Speaker
And I think if I could explain to children 5, I would use it because it's so well done.
00:56:37
Speaker
I saw surfing Bitcoin last year, I think, in 2022.
00:56:40
Speaker
He was present and he was present to his game.
00:56:44
Speaker
And honestly, it was so well done that I would say that it would be the top for explaining to children 5.
00:56:49
Speaker
I would refer to that.
00:56:52
Speaker
You make me think of something in 2018-2019.
00:56:58
Speaker
I gave a course in a school of commerce on crypto.
00:57:04
Speaker
And so it was going to explain why Bitcoin is the example.
00:57:09
Speaker
I had read an article there-dessus that I would like to read, which is the best article to explain why the interest of the decentralization.
00:57:18
Speaker
And it was with the metaphor of four people who are on a desert island and who want to create an economy between them.
00:57:27
Speaker
I don't remember really.
00:57:28
Speaker
They want to create an economy between them without having to make sure they're confident.
00:57:32
Speaker
Okay.
00:57:32
Speaker
So they have put in place a rule where they have a common ledger, so they have a registrant exchange that's made.
00:57:39
Speaker
They have each 25 pieces at the beginning.
00:57:42
Speaker
And for
00:57:45
Speaker
to validate that person A has given a piece to person B, it needs to be at least a third pair of four who is there to verify and to show their signature.
00:57:58
Speaker
To avoid that two people say that they have generated 50 pieces and so they recover.
00:58:02
Speaker
The article is much more complex, but they visualized, they understood the intérêt and it was really good.
00:58:14
Speaker
In any case, the few explications that you gave me, it was very interesting and actually, I was thinking about it with the fact that there are people bloqués on a hill and they have a system between them for that it is functionally.
00:58:27
Speaker
I tried to make it out of the article.
00:58:30
Speaker
So, I had planned to ask for other ages if you wanted to get to experience or we passed to the next?
00:58:39
Speaker
It's going to be complicated.
00:58:40
Speaker
I prefer to pass to the next because I have really fear.
00:58:43
Speaker
It's a little complex.
00:58:45
Speaker
I was thinking, let's go to a challenge.
00:58:47
Speaker
But I didn't have any time.
00:58:49
Speaker
I'm going to ask you this question until someone... I'm the man for the job.
00:58:53
Speaker
For you...
00:58:59
Speaker
What is the role and the future of Bitcoin in our ecosystem, in the global ecosystem, in the society?

Bitcoin as a Financial Revolution

00:59:06
Speaker
I always said that in all this, I don't see Bitcoin as a payment, even if we can transform it as a payment, especially with the Lightning Network, we can use it.
00:59:17
Speaker
For me, Bitcoin is above all the proof
00:59:21
Speaker
alternative exists and is functionally so we have always known the management of the money by the states by the governments at the time even by the roes and others it was they were made up there and there we have satoshi nakamoto who sort of his chapeau a alternative or
00:59:43
Speaker
people Lambda, as you said, who don't know, who never met, can use a system that is functional, without fail, and especially without having to trust each other, since the system is thought and conceived like that.
00:59:56
Speaker
For me, this is the real revolution of Bitcoin, to prove that there is an alternative.
01:00:08
Speaker
And then, in being more rational and less on the side of the way it's beautiful, it's cool, I think in all that Bitcoin at the end will become a reserve of value, a system, a bit like we did with the physical or, the precious metals and other.
01:00:24
Speaker
I think Bitcoin will become a form of reserve value, a way to protect rather than secure his finances, his investments, vis-à-vis other things.
01:00:32
Speaker
But it's true that the best success is to have shown that an alternative existed.
01:00:38
Speaker
I love the reaction.
01:00:45
Speaker
When we talked about the last time, we talked very quickly about mining and as we said earlier, it could be seen as one of the weak points of the network.
01:00:54
Speaker
But you told me about proof of useful work.
01:00:57
Speaker
How does it work and how do you see the impact that could have on Bitcoin if it could be implemented or on other money?
01:01:07
Speaker
So, the proof of useful work is a constat that when we do the mining, we consume energy to make the machines, the computers, and the calculations, which are made by these machines, even if it's not really the calculations, but for simple, we'll say that it's the calculations,
01:01:29
Speaker
They don't serve as much if it's actually to take off the next person who will validate the block and then push the recompense.
01:01:36
Speaker
It's to say that we turn thousands of machines across the planet for the pleasure of doing it.
01:01:42
Speaker
It's secure the network, it's not a participant, but it doesn't matter.
01:01:46
Speaker
It's the critique that we do often on Bitcoin.
01:01:47
Speaker
The people who are not in Bitcoin say that
01:01:52
Speaker
You always consume this to the country, it's Holland, it's Germany, it depends on the studies, it changes at each time.
01:02:00
Speaker
You consume more than for a thing that nobody cares.
01:02:06
Speaker
In fact, there are people, Vitalik Buterin, founder of Ethereum, who said that the mining is a lot, I'm going to try an alternative with the staking, in passing Ethereum from Proofwork to Proofstake, to reduce the energy consumption.
01:02:19
Speaker
And there are others who have another vision, who have said that the mining works super well, it's super interesting because we have a lot of machines with a lot of power of calculus, but rather than just to use it for a person, we could use this power of calculus
01:02:34
Speaker
to make a good calculation in the everyday life.
01:02:38
Speaker
For example, the replication of proteins for all the biology.
01:02:43
Speaker
We can use it for the predictions meteorologicals, because typically, the meteorological predictions consume the malades resources
01:02:52
Speaker
how the winds, the clouds, the clouds will move.
01:02:54
Speaker
Also for the calculation of objects stellar, for following the trajectory of a meteorite or a comet, and to see how they could move on.
01:02:56
Speaker
So all these domains are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they are, they
01:03:22
Speaker
rather than making a calculation of which we serve to do anything, we would use this calculation to develop this kind of technology.
01:03:29
Speaker
And in the meantime, the people who participate in this would, like for the minage, be remunered in the crypto-money in question.
01:03:36
Speaker
And there are several projects that are already on the coup.
01:03:39
Speaker
There are already several projects that propose more or less functionally this technology.
01:03:44
Speaker
And you think that it would be implemented for Bitcoin at the end when it's really mature?
01:03:50
Speaker
I think it would be very complicated to implement it on Bitcoin because as we said, at the time, the power of work works extremely well.
01:03:59
Speaker
And I think Sebastian Guspiew, who is a French-American professor, would say that the energy energy of Bitcoin is significant compared to other types of consumption and that in itself it is not a problem.
01:04:16
Speaker
So, as I said, the only thing that could change the process of Bitcoin would be the computers, and again, we would change the algorithm, but we would rest in proof of work.
01:04:26
Speaker
So, I think Bitcoin will never implement other technologies that it has already, and it will say that it works very well.
01:04:33
Speaker
No, but it's clear that it has its proof, because mine of nothing, Bitcoin is the most vulnerable years.
01:04:38
Speaker
the first year, the first year, the first year, the first year, the first year, the next year, it's there that the potential attacks were the most easy to do.
01:04:47
Speaker
Yes, it was at this point in any case.
01:04:49
Speaker
If you wanted to attack Bitcoin, it was before.
01:04:51
Speaker
Now, in fact, it's a little late.
01:04:53
Speaker
It's going to be complicated.
01:04:54
Speaker
Yeah, it's clear.
01:04:55
Speaker
One of the things that is the most beautiful with the blockchain and the decentralization for me, it's the interoperability.
01:05:00
Speaker
And the idea of being able to say, well, we're going to make a financial system or a smart contract on a mechanism of calculating
01:05:13
Speaker
to the medicine, to the health, to the businesses to have positive impact, which will not have the way to turn... It's fantastic.
01:05:24
Speaker
It's fantastic.
01:05:26
Speaker
It's clear.

Sustainability in Blockchain

01:05:27
Speaker
It's a new technology.
01:05:29
Speaker
And as you said,
01:05:33
Speaker
It doesn't even have its own proof, it's not yet to be able to do the public, but as you say, there are a lot of small entities who are interested in it because they have clearly needed it.
01:05:43
Speaker
Well, a founder of projects or a magician of mathematics, if you could find a way to implement it, it will be very reconnaissant.
01:05:53
Speaker
And you can contact Mr. Tika who will be able to invite you to his channel.
01:05:59
Speaker
For a little bit.
01:06:00
Speaker
Do you think that one day it will be easier, it will be possible to do mining in a way that it will be more accessible technically for everyone and that it will be a little bit more and that it will be a little bit more rentable even if it's not a million and a hundred.
01:06:19
Speaker
I will answer in two parts.
01:06:22
Speaker
First, everything is about the rentability.
01:06:24
Speaker
Because the rentability is another subject.
01:06:26
Speaker
But the fact of making it accessible to anyone, it's already the case.
01:06:30
Speaker
Because now you have a software mining
01:06:36
Speaker
You recommend what for that?
01:06:57
Speaker
It depends on what you want to do.
01:06:59
Speaker
For example, if you want to do, for example, you have a software, like NiceHash, which allows you to do a few clicks.
01:07:04
Speaker
It's automatic, but it's not the
01:07:12
Speaker
the most interesting, the most functional, but it's really you click and it's mine.
01:07:17
Speaker
You have even, at the level of the exploitation, you can see for the minage.
01:07:19
Speaker
When you see an iOS, it's an exploitation system that was pensé for the minage.
01:07:24
Speaker
The interface is super sexy, it's done with a system almost automatized where you just go just the case where you could go to everything.
01:07:34
Speaker
It's becoming extremely accessible.
01:07:37
Speaker
So it's really the access to the minage
01:07:41
Speaker
for me, the biggest effect
01:07:43
Speaker
But the second point, which is the question with the rentability, it's a different problem, especially in Europe, because in Europe, we have our electricity which is fortly increased and which is actually problematic for the ménage.
01:07:58
Speaker
It's true that it's the big frein that we can have, especially in Europe.
01:08:02
Speaker
If you're at the United States or Canada, it's a bit more simple.
01:08:08
Speaker
But for the rentability at the current moment in Europe,
01:08:13
Speaker
It's very complicated.
01:08:14
Speaker
At least you have a good price because you're an old agent EDF or that the house of your house is covered with panneaux photovoltaïques.
01:08:24
Speaker
It's extremely complicated to have a rentability in Europe.
01:08:28
Speaker
It's still possible by moment.
01:08:30
Speaker
It's possible when the market is at the highest because there, we are at the highest, so it's difficult.
01:08:34
Speaker
But the rentability is really a part of a different area.
01:08:38
Speaker
And at the moment, it's difficult.
01:08:41
Speaker
And how, to, to, to, to consider it a little bit more long-term, of, okay, I'm not in profit in the immediate, but I'm in crypto who have potential.
01:08:54
Speaker
or you still have to do it?
01:08:55
Speaker
At the moment, it's only that.
01:08:57
Speaker
It's only that.
01:08:57
Speaker
After that, you can see the mining of different ways.
01:09:00
Speaker
I know, I first, a lot of people who say, well, my installation of mining, we'll be able to do it.
01:09:04
Speaker
I have a radiator that consumes 2000 watts in summer, not in summer.
01:09:07
Speaker
Rather than turning the radiator of 2000 watts, which, he, never never will,
01:09:23
Speaker
I prefer to put up to 2000 watts and maybe have a chance, maybe, that it will bring a little something.
01:09:30
Speaker
It's a bit like that the vision that people have, to say that if you have to spend energy to heat up, why not do it with the minage?
01:09:38
Speaker
But it's clear that when you don't take the aspect of using it as a chauffage, at the moment, the only solution that you have to do is to put up in the hopes that
01:09:47
Speaker
the coins take value in the time because at the time, you have no rentability on the coins that we have at the time.
01:09:56
Speaker
We pass from proof of useful work to useful proof of work because you mine for your chauffage.
01:10:03
Speaker
I have already heard.
01:10:04
Speaker
Maybe one day, we will be able to make an immeuble where in the foundations, in the way it is built, it's integrated the fact that in the summer, it's chauffe by the minage and it's going to make
01:10:16
Speaker
It's already the case.
01:10:17
Speaker
You have some places.
01:10:18
Speaker
I know Canada, they have a little town of the city which is just a little bit of a carter, which is just a little bit of a carter, so a machine that is going to build the Bitcoin.
01:10:28
Speaker
where they use the water, they use the water, they use the water, they use the water, they use the water, I think that Texas, where there are many farms of minage, they use a part of the water produced for heating the water, so we get this water with exchangeers and we can heat the water.
01:10:51
Speaker
In Holland, the Pays-Bas they used it to heat the serres.
01:10:55
Speaker
So you had an azizik at the entrance of a serre where they would push the tulips and for heat the serre in the summer they used it.
01:11:01
Speaker
And in fact the fact that the same is that when you spend the electricity, so the money for the heat,
01:11:10
Speaker
Well, the chauffage will only cost.
01:11:13
Speaker
With a machine of mining, you have a minimum gain, but you will always have a small gain.
01:11:18
Speaker
You have a company that I know well, I've often discussed with them, it's Waste Mining, which is the Sato, which is a for the particulars, so that any person can install it at home.
01:11:28
Speaker
And in fact, you have a heat with a ballon of water, where you have a Bitcoin, I think it's going to be directly in their exchange system.
01:11:36
Speaker
And so in fact, the Azic, they turn, they take away, okay, the water supply of Bitcoin, but your water of water classic, it doesn't only consume the current and so on the other.
01:11:48
Speaker
So even if you have a gain which is very weak, you have a little gain.
01:11:52
Speaker
That's great.
01:11:52
Speaker
You think that in using this heat, it would be how much time for a Bitcoin today?
01:11:58
Speaker
I think that... I'm going to look at it.
01:12:00
Speaker
If you say that it's... What do you think?
01:12:02
Speaker
I'm going to say that they're going to take a S19 to the current.
01:12:07
Speaker
I'm going to look at it on the S19.
01:12:11
Speaker
I'm going to say that it's the big one.
01:12:17
Speaker
It's not bad already!
01:12:40
Speaker
for one single ASIC.
01:12:41
Speaker
So, I don't know what they put in it, but it would be a look.
01:12:45
Speaker
So, you would have 0-1 BTC.
01:12:46
Speaker
I wouldn't expect that.
01:12:51
Speaker
I didn't expect that because I didn't expect you to tell me 50 or 100 years.
01:12:57
Speaker
That would be ridiculous.
01:12:58
Speaker
That would be like 10 years.
01:12:59
Speaker
You have a BTC.
01:13:00
Speaker
But again, if nothing changes, if not the difficulty of mining increases, if there's not... Yes, but... Restons in the dream.
01:13:06
Speaker
Restons in the dream.
01:13:07
Speaker
We're not too scientific, when we're...
01:13:11
Speaker
It would be 10 years to obtain a BTC entire with this machine.
01:13:15
Speaker
In part of the principle, the machine doesn't fall in rad.
01:13:19
Speaker
We're not the best investors.
01:13:21
Speaker
We're there for the thun.
01:13:22
Speaker
We're there for the thun.
01:13:24
Speaker
We say that in 10 years, we'll have a bitcoin.
01:13:27
Speaker
And maybe in 10 years, a bitcoin will be 1 million.
01:13:30
Speaker
And we're a millionaire with our chaudière qui chauffe-lo.
01:13:33
Speaker
Exactly.
01:13:33
Speaker
So, thank you.
01:13:34
Speaker
The name of the company was?
01:13:36
Speaker
It's Wise Mining.
01:13:37
Speaker
And the chaudière, it's Sato, I think.
01:13:39
Speaker
Eh bien, achetez vite la chaudière Sato et dans 10 ans, vous serez millionnaire.
01:13:44
Speaker
This is not financial.
01:13:45
Speaker
Voilà, il faut toujours le dire.
01:13:48
Speaker
All right, we'll finish on a little note, some questions, because we're talking about gaming, and before we talk about what's going on, Starfield, what's going on?
01:13:58
Speaker
I love it.
01:13:58
Speaker
I'm doing a pause, when we're done, I'm going to turn on.
01:14:02
Speaker
I love the RPG, I love the space, I love the video video, so clearly, I'm happy.
01:14:18
Speaker
I don't know what it is, you don't have to talk about it, I'm not going to watch it.
01:14:23
Speaker
It's an open world?
01:14:25
Speaker
Yeah, it's an open space for the case, for what's happening in the space.
01:14:30
Speaker
In fact, it's done by Bethesda and the creators of Skyrim and Fallout.
01:14:35
Speaker
If Skyrim and Fallout are talking about it, Starfield is the combination of the two, if I can say.
01:14:44
Speaker
Except that it's not heroic fantasy, but you put it in space.
01:14:47
Speaker
Ah, it's on Steam, so maybe on Mac, I'll be able to access it.
01:14:51
Speaker
Yes, it's on Steam and on another launcher, but I forgot the other, but I'm on Steam.
01:14:56
Speaker
Okay, okay.
01:14:58
Speaker
Well, it's good to know who it is.
01:15:02
Speaker
I'm not a gamer, I'm always open to test things.
01:15:05
Speaker
But you said you were a critic of gaming in the Web3, and it's a subject that I'm interested in.
01:15:12
Speaker
I'm a fan of tokenomy.
01:15:14
Speaker
When it comes to take tokens to get to the economy to get to the economy, I find it absolutely fascinating.
01:15:22
Speaker
And it's true that the game is an application and an application is incredible.
01:15:26
Speaker
Why are you critical of the web 3?
01:15:28
Speaker
I don't think it's a critique that I am.
01:15:32
Speaker
In fact, what I find just strange is that at the time, the games that we created with this vision web 3, with all the aspects of token economic and other, are limited to
01:15:45
Speaker
I'm not sure that there are things that start to be created, but we are very far from the AAA, which is called the middle, so there are very big games that sort.

The State of Web3 Gaming

01:15:55
Speaker
I mean, tomorrow you would have, although I'm not a fan of the license, but tomorrow you would have the equivalent of Call of Duty
01:16:03
Speaker
on the web 3 with all aspects, maybe with NFT, for having cards, which represent equipment, weapons, etc.
01:16:10
Speaker
I think that would be so advanced the ecosystem in this case, rather than we would sort out all these little games.
01:16:19
Speaker
After you say, yes, things are happening little by little, it's logical, we can't have a big game with all the stuff, but at the moment
01:16:29
Speaker
I'm not found.
01:16:30
Speaker
I'm a gamer, I've tried several games, I've tried Axie Infinity and others.
01:16:35
Speaker
It's a nice game, it's fun, but it's not that it will be a good thing for me during hours and hours.
01:16:40
Speaker
You play a little, you play a little, you play a little, you play a little.
01:16:44
Speaker
But it's that I apologize even if I can't get all of it from the beginning.
01:16:49
Speaker
Sortez-moi un AAA or something very gros compared to what we have in the video video traditional.
01:16:58
Speaker
And that's why it's very well.
01:16:59
Speaker
I'm not a fan of all the MOBA, League of Legends and so on.
01:17:06
Speaker
But as it's with characters, you do it in form of cards to collect, in form of NFT, but with the system as League of Legends, you have a thing that is with a little onion.
01:17:16
Speaker
And clearly, you can bring people to the world.
01:17:18
Speaker
But to make cards to collect for something in a metaverse where there's nothing to do, I don't see the interest at the moment.

Future of Web3 Gaming

01:17:29
Speaker
But I ask, as a gamer, I ask for a surprise and ask for a game that shows exactly the same thing, which is super good at points.
01:17:38
Speaker
And now, I might change my opinion.
01:17:40
Speaker
But at the actual moment, it's still too early to me as a gamer.
01:17:43
Speaker
Yeah, I understand.
01:17:47
Speaker
I understand, because the thing that comes in mind is that if today we were able to get a game game, I'm ready to pari that because we don't even know the tokenomics to apply to that, it wouldn't be viable and so we would find out in 5 years with a super game but that
01:18:07
Speaker
which is a real economy.
01:18:10
Speaker
So we can't change it, we can't really change it.
01:18:14
Speaker
And I think... You know Treasure Dow?
01:18:17
Speaker
It's not a little bit.
01:18:19
Speaker
They're a Nintendo Nintendo 3.
01:18:21
Speaker
And so they're created a sort of a studio centralised video.
01:18:25
Speaker
They're entering video games in their ecosystem.
01:18:27
Speaker
And I have the impression that every time I take the word, I'm talking.
01:18:30
Speaker
There's one of the games, for example, in their ecosystem where I find very intelligent.
01:18:35
Speaker
It's called Tales of Valeria.
01:18:36
Speaker
Yeah, I'm going to say it.
01:18:39
Speaker
You are right, I was looking at it, but I'm going to leave it.
01:18:41
Speaker
They're really great because they've taken the approach Lean, so Lean Development with Minimum Variable Product.
01:18:49
Speaker
They've made Minimum Variable Economy.
01:18:51
Speaker
So they start with a token, they start with NFT of characters, with NFT of potions and all these things.
01:19:01
Speaker
They keep the hand on how the supply is distributed.
01:19:06
Speaker
They sometimes re-equilibrate.
01:19:08
Speaker
and they do it in a wide-open feedback loop with community.
01:19:12
Speaker
They create their games.
01:19:15
Speaker
When their games develop, they continue to create their economy, to adjust their new tokens, to reduce their new... I think there are two ways to do it.
01:19:24
Speaker
There are people who create big games and put an economy.
01:19:28
Speaker
There are some who work, there are some who don't work.
01:19:32
Speaker
And there are some who will do like them and who will work in trail-in and who will say, okay, we accept to do 500 players the first year, 2000 the second, 5000 the second, for being at 500,000 and 1 million in 7-8 years.
01:19:49
Speaker
I think it's something where it will be a little patient.
01:19:53
Speaker
I think.
01:19:54
Speaker
For example, for the aspect web 3.0, there is Ultra UOS, which is a platform concurrent to Steam, the equivalent of that.
01:20:06
Speaker
And at the moment, at the moment, in the current state, this project speaks much more, because we know in the video game on PC how much Steam has the main focus on the ecosystem.
01:20:14
Speaker
It's part of the other people who
01:20:23
Speaker
They're going to be a big game store, which is the equivalent of Steam.
01:20:28
Speaker
They're two great actors to share it.
01:20:30
Speaker
And then you have all the little ones with Origin, EA, Uplay, Ubisoft, etc.
01:20:39
Speaker
To have an actor who does the same thing, but with the same thing, it's about them.
01:20:45
Speaker
But they have the same problem.
01:20:47
Speaker
Actuellement, their launchers only offer that little bit of a game.
01:20:51
Speaker
It's starting to gross.
01:20:53
Speaker
But we're still very far from having the next Call of Duty, Battlefield, or whatever.
01:20:57
Speaker
We're there.
01:20:58
Speaker
But it goes in the right sense.
01:21:00
Speaker
Yeah, it's a little bit.
01:21:03
Speaker
It's a patient.
01:21:04
Speaker
Because after, the world, our global economy will lose a lot of productivity.
01:21:11
Speaker
When we have a great great great games and working on which there is a real economy.
01:21:18
Speaker
Our workforce will be completely decimated.
01:21:20
Speaker
TK?
01:21:22
Speaker
Thank you very much.
01:21:23
Speaker
With pleasure.
01:21:24
Speaker
Did you have some last words to share?
01:21:26
Speaker
The scene is to you before we leave.
01:21:32
Speaker
I think that, globally, we've talked about a lot of topics, but just continue to be curious, continue to be interested in the blockchain, in the cryptocurrency, in general, and continue to learn, because I think that even when we think about everything we've learned, there are still new things, so there's largely what to do.
01:21:52
Speaker
Thank you very much for coming.
01:21:53
Speaker
If you are still here, you have listened to all this conversation, thank you very much.
01:21:59
Speaker
Don't forget to follow us, don't forget to leave a comment.
01:22:03
Speaker
You know the value that it has for a minimum effort.
01:22:05
Speaker
In any case, don't hesitate to follow TK also.
01:22:08
Speaker
Super person if you haven't even heard it.
01:22:11
Speaker
He's a very good interest.
01:22:13
Speaker
He's someone who is very aligned, who is very intègre.
01:22:17
Speaker
and it is to preserve these important actors and ecosystem.
01:22:21
Speaker
Thank you and see you next time for a new episode.
01:22:25
Speaker
Thank you, bye-bye.