Major bank issuing stablecoin, Visa Ethereum report - The Daily Gwei Refuel #527 - Ethereum Updates

Transcript

hello everyone and welcome to another episode of The Daily gray refuel where you got the latest news in ethereum ecosystem I'm your host the internet is the 19th of January 2023 alright everyone let's get into it so just a reminder here that the ethereum kcg ceremony is ongoing and it is hit just over a 10 000 total contributions so as you can see at the top left here total contributions is at exactly 10 447 uh and it's been about I think a week already since the uh kcg ceremony opened a bit probably a little bit less than uh than a week here so great to see you know such participation within only a week with 53 days left hopefully we can get this up to at least 50 000. I was ideally looking for a hundred thousand

but maybe we won't get there maybe we'll only get the 50 000 but I think that's totally fine and um you know you've got as I said you've got 53 days left to participate here and just a reminder that uh the number you see up where it says the uh 2 300 participants in the lobby currently that is not a queue so when you submit your uh your uh transaction sign your transaction here you don't go into a queue you go into the pool and you're randomly selected from that pool so if it times out you can just try again or if you have to shut your computer down you can just try again later there's no big deal there and as I said you have 53 days left to do it anyway so don't get uh dissuaded by that uh you know you can

just leave it running in the background but if it times out you can definitely try again and you won't lose your place in the queue since there is no cue uh and speaking of the kcg ceremony 100y.eth put together a nice little tweet Thread about how it exactly works so if you're still interested in how the kzg ceremony Works while we need it you know what's this relationship to Erp 4844 and why is it a requirement then you can go check out this thread here from 100y.eth which of course I'll link in the YouTube description below for you to do so all right on to I think one of the biggest pieces of news from the last 24 hours and this gets close to home for me so it's that the National Australia bank or NAB is launching an AUD stable coin on ethereum now for those of you who

don't know uh the bank here NAB is Australia's second largest bank so it is not a small player uh it is uh part of the big four as we're known in Australia there's uh CBA uh which which is the Commonwealth Bank is first NAB uh second I think A and Z is third uh and then Westpac is fourth I'm not sure the three and four order there but those are the big four that dominate most of the Australian um banking industry so yeah not small fish here and the source of this is actually the Australian financial review which is a popular Financial publication uh in Australia here and you can read all about what they're doing but uh they're planning to issue a stable coin called audn which is going to be fully collateralized by

Australian dollars and I think they're planning to launch this by uh mid-year I believe I don't think that this will be available to the public straight away I think they're going to be doing more internal staff and more business to business stuff I don't know if they're going to be using ethereum layer 1 or a a layer 2 or a validium or something like that I I don't know how far along the uh ethereum uh Rabbit Hole they've gone here but it's great to see that they're doing this I mean as I said this is not a small Bank this is uh one of the big four here and you can see uh nab's Chief Innovation officer actually said uh and I quote We Believe well-regulated entities are going to have a massive role here ensuring there is trust in any Financial system that uses digital assets and currencies on a

blockchain so this is just those traditional Finance players moving in more and more to use these technologies that we've been building and you guys know I've talked about this before on the refill that I'm not someone who believes in a full libertarian Utopia where we don't have any centralized institutions and we dismantle the banks and you know we dismantle the governments and everything's amazing right no I I don't believe in that at all I believe that the infrastructure that we're building uh in ethereum and D5 is uh is much better than the existing system both obviously from a decentralization perspective but also from a transparency perspective which I actually think is is big is a bigger deal especially for the centralized entities because then I'll probably they're not probably going to care about decentralization as much they will care about decentralization in that if they

want to use this infrastructure they want to have a relative certainty that they're not going to be using infrastructure that their competitors control or some foreign Nation controls or something like that right so if they're using infrastructure that can be incredibly neutral and and decentralized and they can use it as a sediment layer well that is very powerful for them because it actually opens up the world to um so the world to them to be able to do a cross-border transfers potentially instantly right instead of having to go through the Swift system which is extremely slow whereas you can use ethereum or a layer 2 to do it and it's much faster and of course these banks are obviously going to be interested in making sure that all the transactions that they do are private and we have the technology for that as well we have

things like Aztec Network which as I've mentioned before I believe uh much more focused on the Enterprise and our corporate clients than they are on the on the retail side and I think they're going to have a lot of success there so just great to see this I I I think that this is the sort of stuff that I've been saying with regards to real world assets bringing in these traditional uh Financial players into our world and having them play by our rules so to speak because I mean it doesn't matter if uh NAB issues a stable coin on ethereum and they want to control ethereum they can't right they don't have any sway over the ethereum network at all the ethereum network remains decentralized and credibly neutral but of course their own stable coin they can do whatever they want with I'm sure it's

going to be totally centralized with centralized controls everywhere but that's fine right it doesn't affect the rest of of the network here it's just like the existing USD stable coins that we have though the existing USD stable coins that we have have not been issued by a bank right like usdc is issued by Circle in partnership with coinbase and circle is not a bank it's a financial player obviously but it is not a bank tether is issue well usdt I should say issued by tether which is definitely not a bank right uh binance USD or busds issued by paxos which is a financial services player but not a bank so Banks actually getting involved themselves and issuing their own stable coin I think makes a lot of sense as well because they're they're living kind of money on

the table by not doing this right they're paying out the yield to third parties here even though they get the deposits which is still good for them right it's still good for them to bank the stablecoin issuers because they get the depositors and they can do whatever they want with that and obviously the yield that they're paying out I mean if they do if they play their cards right it's going to be less than what they make from having those deposits but I think that cutting out that it's middleman so to speak probably is attractive to them and not and it's not just issuing the stable coin uh itself it's also being able to have to play in in the new infrastructure the new D5 rails instead of having to use the old Band-Aid you know written trans uh traditional Finance system which is just

it's so broken I mean I've had the experience lately with this over the last few days I've been having trouble with my with my bank I've been trying to do a bunch of different things and I I call up customer service I wait on hold for like half an hour and I talked to someone and they're like oh I don't know I don't see anything on my end I can't really help you uh you'll have to call this other player or I get I guess this other call center tomorrow when they're open and I'm like oh my God right and I have no recourse here I can't do anything uh I have to wait and talk to the bank about this which just pisses me off and I'm sure uh the reason is something got to do with some Legacy infrastructure whereas on ethereum I

have full visibility over what's happening I know why something's not working yes okay if for some reason I I'm not able to access my funds on a hard robot that I have or some other world that I have I'd have to troubleshoot that Ryan there's not really anyone that you can go to to troubleshoot that but for me the way I am I I prefer that because at least I have some control over at least I'm not relying on a third party uh I I still have some control over it myself or most of the control over it myself but I guess that's just a an anecdotal example for me uh but generally yeah as I said like a very very positive development here I hope this eventuates into something more than just like a pilot program or whatever but you can read this article on the AFR which I'll link

in the YouTube description below it'll give you more details uh about this and what's Happening Here all right so speaking of traditional uh Finance entities getting involved with ethereum Visa has been a long-term supporter of ethereum they've actually been building a bunch of different things so I've been building a payments Network layer 2 payments Network on ethereum they were using State channels but I think that after they announced that people told them hey you know State channel is a relatively old technology now why not look at Roll-Ups and I believe that they probably did that I I saw some signals from uh Hugh Sheffield here who actually is the head of crypto at Visa signaling that they might look into that but today they shared a research piece on the merge itself so This research piece went out to Visa's

mailing list and on their blog and everything and obviously this will be hitting a lot of the Trad fire inboxes a tradify people inboxes and and coming from Visa obviously people are more inclined to read it but this is very very cool because it's not just about the merge actually it's also about the upcoming up upgrades that are coming soon to ethereum as well so I just thought this was really great and you can actually see this on Visa's blog and read it for yourself and they've actually got like a timeline here right you can see the timeline from ethereum Genesis to the merge and how it all happened what is proof of stake you know uh what's ethereum 2.0 actually mean you know what's funny I haven't heard the eth 2.0 terminology since we merged like no one says it's 2.0 anymore right this

is actually the first time I'd seen it said in quite a while because now it's not eth 2.0 anymore right it's just ethereum like there's there's no uh major upgrades like the merge coming it's all just the major upgrades for ethereum the one chain right so it's kind of funny how I didn't even notice that I hadn't seen the term E2 used in quite a while maybe you haven't either but it's definitely a dated term at this point but still it makes sense I think in this context for visa to put put it in here and describe what this is and they also got like a looking forward section as well so it's not a a long kind of piece here it's it's relatively short but as I said uh it's definitely going to a different audience than than what I guess like people watching the

refuel or listening to bank list or being on crypto Twitter they definitely don't do that right their parts people that would be reading something like this from Visa but still very cool to see a Visa putting this out there and just I guess like continuing to be involved with ethereum because as I was talking about when with with NAB I think that it's very important not just for these traditional Finance players whether they be institutions or corporates or whatever else to get involved with crypto to get involved with ethereum I think it's really important for them to also educate both their existing customers and the existing businesses that they interface with why they're actually doing this because if you think about crypto's image right in outside of I guess like the crypto Inner Circle it's not a good image I mean I'm sure you guys you guys

have seen the comments especially around things like nfts from the quote-unquote normies right we call them normies that's just the term that we use for people who aren't uh in the industry like we are the um the comments aren't nice right they think all of crypto is a scam I think it's just a Ponzi they think that uh uh it's you know there's nothing good coming out of it they think that everything I mean they still think that everything's a currency right like every crypto asset is a currency they get the wrong ideas about things and obviously the energy use as well from from Bitcoin only now is still a a much debated issue in that Circle as well as in in crypto too but I think that to change that that narrative it's going to take a little while but it will change I

actually do believe it will change and one of the parts or one of the ways that we're going to be changing that is by having these big financial institutions that have built up a lot of legitimacy and credibility and trust with people and a lot of brand awareness with people I mean everyone not everyone but like a lot of people have a Visa card right or a MasterCard uh debit or credit card right I mean same with like American Express which I think is also working with ethereum or polygon they're working with polygon as well all these players getting involved will just more give more and more legitimacy to crypto especially in the eyes of the older folks who from what I've noticed the older folks definitely Outsource their trust so to speak to these institutions and they're definitely much more reliant on these institutions than maybe younger

people are so them seeing that is a very positive signal as well and the narrative will slowly change over time I definitely believe that's going to happen and as and the key word here is slowly it's not going to happen overnight it's not going to happen in a few months time or a year's time or anything like that it's probably going to take quite a while and even more so um it's gonna it's sorry it's even it's gonna take even longer probably to see these things deployed at scale like there is nothing that exists on ethereum today that would be able to handle visas throughput scale I mean the commonly quoted number is 40 000 transactions per second uh and it you not only have to handle 40 000 transactions per second you have to handle all the spikes in the demand as well without falling over so

for example around Christmas time around Easter time around the holiday shopping periods around things like Black Friday the TPS so to speak spikes way higher than 45 thousand so you need to be able to handle those spikes you need to be able to offer resiliency you need to be able to offer those uh near instant settlement guarantees for well not settlement guaranteed but like near instant transaction confirmation for the end user so we're quite a while away from that but I reckon we will get there eventually and I think one of the biggest things that will happen is if Visa or some other payment provider starts replacing some of their existing infrastructure with crypto infrastructure that's what gets the ball rolling because then we can get more and more uh players uh tapping in or

connecting into this network and the network effects grow exponentially from there it's kind of like how we had everyone adopt the internet and Connect into the internet and then it obviously obviously the network effect expanded from there that's what's happening with crypto over time but it's a slow process and it it may it'll feel slow especially if you're plugged into the ecosystem like we are but if you were to I guess so I have I have a kind of strong prediction here but if you were to just go to sleep today go into a comrade or ignore crypto for 10 years when you come back in 10 years I reckon that blockchain technology and crypto generally would be a really big part of the financial system in 10 years time from the technology point of view it already is a relatively big part especially with the amount of stablecoin

volume that exists on chain but I think in 10 years it's going to be much much crazier because as I said before I think I said this last year and the year before we've entered like this scalability era of crypto where we're actually getting real scalability and and it's obviously being built on ethereum and I think that that's only going to accelerate from here we've seen growth in a bear Market we're above the ultrasound money barrier in a bear Market with ultrasound barrier in a bear Market which is which is pretty awesome obviously uh we completed the merge you know execution risk is very low right now for ethereum upgrades we're just kind of in that golden age of ethereum and I think we're all going to be in that golden age of adoption there as well but anyway enough about that you can go read Visa's report for yourself

I'll link it in the YouTube description below all right so the ethereum.org team put together their 2022 Highlights today so just looking back on what happened in 2022 for ethereum.org and they have 2022 in numbers for the translation program which was a big effort for uh the ethereum.org team in 2022 here so you can see that the number of ethereum.org non-english percentage of page views is at around 28 I think it spiked at in December of last year so almost 30 percent here with uh 3 000 new translators joining 4.6 million words translated and as I said 28 of visits in a language other than English which is

double 2021's High absolutely awesome to see that guys like that's almost one third right of all visitors to the um ethereum.org website uh uh visiting it in a language other than English which is very very cool and you can help them translate ethereum.org if you're interested in that there's a link here for that uh Community engagement so the ethereum.org is a work of thousands of credible contributors in 2022 they hit 37 000 Discord members uh seven thousand crowded members and a milestone of a thousand total contributors on GitHub which is very very awesome as well you know I sometimes look at these numbers and I think are people just joining here because uh they might get you know they think they're gonna get an airdrop or something and then I think to myself like why other people think they're

gonna get an airdrop for contributing to ethereum.org it makes absolutely no sense because ethereum.org is part of the ethereum foundation and the ethereum foundation's not going to do an airdrop because the token they have so to speak is Ethan they already did the sale faith and everything like that so I would put stock in these numbers actually being real numbers right at least for the most part there'll be some people who might be thinking oh if I just join maybe I'll get an airdrop for some reason I don't know people think the darndest things when it comes to money but or potential of of earning money but I would put stock in a lot of these numbers being very real especially the numbers of total contributors on on GitHub here uh But continuing on they go over their open design system which they launched in May of 2022 and as I've said before

ethereum.org has one of the best designs of a website that I've seen I love the Viper vets the new pages that they launched you can read all about this here uh the wallet revamp page uh learn Hub I mean there's so much going on here guys I'm not going to read it all out you can check out the blog post for yourself which will be linked in the YouTube description below but massive massive kudos to the ethereum.org team for this uh I I just I can't give them enough kudosia because as you guys know ethub was originally started because ethereum.org just what hadn't been updated in such a long time and then the ethereum foundation put a team on it and it's just been kicking goal after goal after goal and they've done such an absolutely amazing job I use the site almost daily pretty much just to look up

different things to link the pages to different people asking me questions I've learned so much from it I love that it's all there for me to to play around with I love as I said I love the design of the website it makes me feel like I'm just jumping into a different culture so to speak and you can see the art here right on on my screen this is basically what it is is this this bizarre of ideas is what ethereum has always been known of instead of a Cathedral of like a top-down approach it's a Bazaar where everything's decentralized there's no one leader everything's kind of chaotic but it all comes together to form a beautiful thing known as ethereum while the ethereum.org website is like that as well because they have contributors from all over the world uh contributing in different languages and then uh you come

together with all this information and you put it onto the website and people can read about it they can edit it if they want they can change it they can consume what they want it's all absolutely awesome here so yeah kudos to the ethereum.org team for 2022 and a big uh I guess like I guess I hope they have a big year in 2023 as well all right so something very cool that uh sismo launched uh or I guess like ZK drop.io launched uh by using sizmo's technology is something called the merger merger pass ZK Dash SBT which is now live so what is this well this is a uh nft uh this is a badge basically uh Soul bound token as vitalik has called

them before that goes to uh all the people that contributed to the ethereum merge and what this soulbound token does or this Soul bound badge so to speak does is it basically gives access to all the events hosted by the ethereum foundation including Devcon eth Global events efcc and edcon well okay sorry the ethereum foundation only hosts one of these but it gives uh access to all the people that contributed to the merge uh to these events so in they basically automatically get tickets to these events by showing their badge and this is being done in a privacy preserving way as well uh and they can claim it here so none of you will probably be uh eligible for this if you're not a court of Alba I mean I'm not even eligible for it because I didn't contribute to the

merge um so yeah unless you are a core developer I mean hopefully there are some cool devs watching this and cool researchers watching this that'd be very cool but uh yeah that that's the only people that can claim it and I believe there's probably at least on the website as well for this that you can go check out but what I like about this is two things so the first thing is that it's one of the better use cases of Soul bound tokens I think and doing it in a privacy preserving way is very cool as well and it's using sismo which you guys know I'm an investor in but I've also been a very big proponent of them for quite a while and it's showing the real utility of being able to issue a privacy preserving Soul bound token to uh people that contributed to the merge and then

the utility utility they get out of it is being able to show this to the organizers of these events and say hey I've got this badge uh can I please have some tickets basically because I mean I strongly believe that all of the people that contributed to the merge should be able to get tickets to every single of it no matter what they shouldn't have to miss out because the tickets ran out they are definitely somewhere people that I would prioritize having at the events as well I mean they are some of the smartest people in ethereum right so it's great to see that this says uh kind of it happened here because this was actually talked about I believe maybe a few months before the merge something similar to this or maybe just as we were approaching the merge and it's great to see that it eventuated into an actual uh

Unchained product here so yeah very cool to see this you can actually oh that's right the list is here on GitHub of the merge contributors um the merger pass nfts also on uh on openc here there's the contract on GitHub and there's a documentation on how to prove with a sizmo here as well which you can go check out um but yeah first very nice practical use case of Soul bound tokens that I've seen in acquire in quite a while if ever to be honest since vitalik started talking about Soul bound tokens and for those of you who don't know soulbound tokens are basically tokens that you get or nfts that you get that you can't move from the wallet that you get on so for example if I had a soul bound token issued to sasol.heath that was always uh

sorry that's stuck on my address I can't move that anywhere it's always going to be on that address and the concept of Soul bound comes from uh World of Warcraft where essentially when you picked up an item that was a soul-bound item you couldn't trade that item to another player or you couldn't do anything with it you could sell it of course but you couldn't trade it to a uh to another player or anything like that so it's the same thing here you can't move this token from your ethereum address it is bound to you which means that you can't go ahead and sell it to someone else and say Hey you know here's uh here's the um the token uh that gets you access to all the events you can't do that I mean the way you could do that I guess is selling the ethereum account

that it belongs to but then you would still have access to it and there's no way to guarantee that you don't have access to it because you could just have the private key anyway so that doesn't really work either so it's all about tokens are an interesting idea there's a lot of debate about them but I'm I'm glad to see something like this get issued to the merge contributors because they are obviously play such a massive part in the ethereum Bro map so far in the ethereum ecosystem so far and a lot of them are still working on the ethereum core protocol today so kudos to them for that and I hope they enjoy all the conferences uh or the Priority Access to all of the these conferences listed here all right finally just a shout out that I'm going to be on a live

stream tomorrow with Hudson Jameson a super Fizz Kane Warman and just bar from the rockapool community and we're going to be watching Hudson set up his own rocketpool nerd now this live stream is happening at 8 30 p.m eastern time in the US and it's happening at 12 30 p.m Australian uh eastern daylight time so Melbourne slash Sydney Brisbane time in Australia here I'll be on the live stream for about an hour um and yeah as I said it is happening uh tomorrow uh tomorrow today today sorry the 19th so it's tomorrow for me but today for probably most of you uh at that time there I'm not I think uh that time doesn't work for you Europe I'm pretty sure Europe's asleep when that

happens when this is happening but you can obviously re-watch the video once it's done on YouTube uh I think the stream will probably go for about an hour anyway um but yeah I'm excited to see Hudson Jameson do this for those of you don't know who Hudson is he has been in the ethereum ecosystem since basically day one he worked at the ethereum foundation for quite a while he was the uh coordinator for hard forks and the awkward Debs call he was doing a lot I mean he honestly he's like as OJ as they come when you talk about ethereum ogs and to see him get involved with rockapool warms my heart because you guys know that took me quite a while to come around to rockapool uh not for any I guess like bad reasons but just because it's very hard to convince me to

actually dedicate time to a project these days other than ethereum uh so it's great to see Hudson putting his legitimacy in his uh name behind this as well and it's just another great player that we have in the rocker pool ecosystem here which is absolutely awesome to see so if you want to watch that live stream I'll link it in the YouTube description below it'll be happening today the 19th at 8 30 PM eastern time not tomorrow not just today uh tomorrow is just for me okay I always get confused with the with the time zones yeah all right so I've got a few minutes left here and I I got one thing I want to speak about now this thing has been on my mind for a little while now I go back and forth about talking about this with a more public audience it's something I talk

about with my friends a lot but with a more public audience it becomes a bit I don't know it becomes a bit funny to talk about and maybe I should actually mention what I'm going to talk about it's talking about some of the really shitty players in this ecosystem that still exist today that have kind of survived the Fallout of 2022 and I'm not going to name them right I'm you probably know who I'm talking about but I'm not going to name them they still exist today they still they're still poisoning the ecosystem today right they're still doing a lot of grifting a lot of uh borderline scamming they're still they've still got some fans for some reason they're still uh tweeting as if nothing happened and me saying that probably starts ringing alarm bells in your ear for who I'm talking about but

they didn't seemingly get washed out by 2022 um and I just kind of find it very ridiculous that this is still the case here I I get disappointed that the ecosystem isn't Mass shunning these people to the extent where they shouldn't be able to post anything without being shunned for what they've done and what they continue to do so that's one part of it and then the second part of it as well is related to this is is the Fallout from last year still continuing I forgot to mention it earlier in the refuel today but Genesis uh the um company or the The Lending desk that's part of uh digital currency group that's been troubled for quite a while announced today uh that they're going to be doing some form of bankruptcy filing

because obviously they have that massive debt that just kept ballooning that they owe um and I don't I wouldn't say that that I would put that into the same category as these other players I'm talking about but there are these players that the Fallout is still hitting as time goes on and they didn't manage their risks like they should have and that's hurting more and more people and I really hope that the people that work with them in the past the honest people that work with them in the past just cut ties with them and don't actually work with them again because the worst thing for me in this ecosystem is when people do bad things they go away for a little while to let the heat die down then they come back and then the honest or the people that I thought were honest people in this

ecosystem get into bed with these people again either willingly uh sorry either knowingly or unknowingly because maybe they didn't know what happened in the past yeah but as as an ecosystem you need to do a better job of keeping the pressure on off keeping the education up if you see someone that you consider to be an honest actor in this ecosystem getting into bed with dishonest actors or promoting dishonest actors uh you should bring it up with them say Hey you know why are you promoting this person this is what they did this is what they didn't did in the past this is why they're a bad person this is why I think they're a bad person and let them know because we if you're if you're very active in the ecosystem it's kind of easy to tell and easy to remember but if someone's relatively new or someone

doesn't pay much as attention as you do then they may not be aware of things so it's always good to give a friendly nudge to these people and that can actually help everyone and help uh just users or regular people in general because it means that these bad players don't get as much legitimacy as they otherwise would off because what actually propped up FTX and SPF a lot but in specifically and Terra who specifically was all of these otherwise honest and legitimate players pumping these things up right like think about the amount of people and and companies that backed Terror and FTX just those two I'm not talking about any of the other ones and you could even just look at Terror there were so many legitimate players that backed Terror and they kind of have egg on their face for a couple of months and then they're just back to

normal now I don't like that I personally am avoiding any of the I guess uh people or companies that were heavily involved in Terror I don't care how much they apologize or how much they say that they were wrong it doesn't matter to me the fact that the writing was on the wall and the warnings were there and it was very obvious what was going to happen to me who like I'm I'm an idiot I'm not a genius I'm not a gigabrat I don't have a team of researchers behind me I'm an individual and the fact that it was just obvious to the individuals and and it wasn't obvious to these people I don't want to work with them I I want to support them I don't want to be anywhere near them because they to me are not honest actors they became dishonest actors by

promoting this crap right Tara is probably the worst example FTX is a pretty bad example as well and there were a lot of legitimate players there too but with FTX not to say that people were were necessarily um can be forgiven for this but with FTX the fraud was less obvious right the fraud was was definitely less obvious uh until it actually happened like they did a very good job of covering their tracks for a long time they being the Alameda crew right the inner circle there but with Terror everything was transparent you knew that what was happening you you knew what was happening with uh with UST and there were some parts that weren't transparent like the lfg foundation with the BTC they were buying but that should have raised red flags for all these other people but instead even just like

a month prior or two months prior to Terror blowing up you had some of these really big companies and VCS and funds and individuals pumping the out of Terror because Luna was going up right because UST growth was going up and there was just no kind of I guess self-awareness there and now they've they waited a few months and they came back they're like oh you know we were wrong on terror but hey we're still Along on crypto and we're gonna go with this ecosystem and that ecosystem fair enough I guess do it do what you want to do but I'm not going to support that and I'm going to tell people that you were involved in this and not to support you either I'm just gonna straight up say that because I don't think that that is going to lead to a healthier ecosystem

going forward anyway I went on a bit of a rant there but I'm going to end today's episode on that note so thank you everyone for listening and watching be sure to subscribe to the channel if you haven't yet give everybody a thumbs up subscribe to newsletter join the Discord Channel and I may catch you tomorrow I may not be able to do a refuel just a heads up so if I don't catch you tomorrow I'll catch you next week but I will announce in the Discord Channel if I'm not able to do a refuel tomorrow so yeah thank you everyone