#citizenweb3 Episode link: https://www.citizenweb3.com/coneydaddy Episode name: Tequila, Rock 'n' Roll and Cosmos with Coney Daddy Citizen Web3 This is the man himself, Connie Daddy. God, people, I don't know. I don't know if you're seeing this. Well, you're not seeing this obviously, cause it's an audio podcast, but it's, it's, far as I understand, it's not even daytime yet. And Connie's already has this beautiful drink with, and so do I, by the way, but man, welcome to the show. coneydaddy Thank you for having me, Serge. Yeah, I'm I'm double fisting a cold brew coffee and a tequila right now I'm on my way up. I only have one spot to go I'm so honored to be on a podcast all about Cosmos and blockchain things even though I'm not a developer and I don't I don't really know how to do any of it But I'm here I'm here to party. Citizen Web3 Man, in all seriousness now, in all seriousness, and we can like kind of take it off from here, surely. I mean, you say you're not a developer and I don't know how to do things, but this is like bullshit, man, because I mean, all those layers, we have layer zero and layer zero is the community and you are the fucking community, man. You're building the community. So saying I don't do shit, man, come on. This is like, where is it coming from? coneydaddy I'm learning, I'm learning, all right? I just figured out at a macro level what a ZK rollup is. So, you know, I'm inching my way there. There's a lot of information out there. There's a lot of building blocks, for sure. But I'm figuring it out, one step at a time. Citizen Web3 I've looked at your Cosmos journey and I believe that you did like some video contest, right? That's where it started. coneydaddy yeah, like the prop 3443 video contest, which I was following Cosmos for a while. I actually found Akash first because, you know, I was just trying to get rich quick and I was just scrolling down that list on CoinGecko, just trying to find that hot item, just like everybody else. You know what mean? And I found Akash actually first. And then that led me down the whole Cosmos rabbit hole, which has been a super fun time, but I saw that video contest and you know a lot of blockchain videos are usually like two things. It's usually a recording of a zoom call which might be partially just because of COVID, let's be honest, but it's either a recording of a zoom call or it is like a motion graphic video and those are like the only two things. And to be fair blockchain technology is not It's extremely hard to shoot or do anything with. So I just figured I would make something completely random, only using the things I had available to me at the time, which were me, this microphone, my backyard, and that's about it. So that's where we started. We try to do everything organically over here at Coney Daddy Studios. Yeah. Citizen Web3 Man, man, is the whole mic thing? The whole cord mic thing? I love it, man. mean, being... coneydaddy The whole cord mic thing? I'll tell you about that. I bought a microphone and I had it for years and it was the only microphone I had. This wasn't a design. This was a forced thing. This is just the path of least resistance for sure. Citizen Web3 You Citizen Web3 Is that one of those things where we usually say it's not a bug, it's a feature, but this is a bug? Is that what you're trying to... coneydaddy This is a bug. It's not a bug. It was just there. It was just there at the right time and at the right place. I bought the yellow wire, though, because I thought it was so much more fun than the black one. The black wire is too standard. It gets lost with all the other black wires sitting behind the desk. So I'm a yellow wire guy for life now, hands down. Citizen Web3 Ha ha ha ha! Citizen Web3 Man, I love it. I love it. I love it. The yellow, mean, it's iconic and I'm sure that I'm surprised there are still no NFTs of the yellow wire and the mic going around. I'm surprised. One day. coneydaddy One day. One day. I'm making a Coney Daddy NFT project right now that is completely under wraps that I haven't told anybody else about. And I won't tell you too much about it in full honesty. It's under wraps. Well, Serge, first off, I have to actually get it all the way done. All right? It's only like, probably like an eighth of the way done. Second of all, it's going to be complete shit and have no utility whatsoever. Citizen Web3 Come on! Come on! coneydaddy You know, so it's gonna it's gonna feel right at home. I don't know the floor price is probably like $60,000 or something like that. That's that's what we're trying to shoot for I don't know. I'm just having fun. I'm just hanging out. I'm just having fun the whole cosmos Twitter space is just so much fun Citizen Web3 Right. Who is your favorite person to follow, coneydaddy Who's my favorite person to follow? I feel like I follow everybody. I feel like so many people have supported me on my awkward journey through the cosmos as well. When I first, what? Citizen Web3 Yeah. Citizen Web3 We don't follow each other by the way, you know that. No we don't! coneydaddy Do we not? I'm gonna be honest, there's sometimes I will be on Twitter and there'll be like an account that I know very well and I have like seen a bunch of stuff from them and like retweeted them and I like know them like personally maybe and then like one day like you know five months later I realize I'm not following them and I'm like shit now I have to follow them now they have to get a notification now they have to know I wasn't following them it just seems kind of rude. that, you know, it's taking me this long. It's like if you don't know someone's name and there's like, there's like a time where if you've, if you've hung out with them for too long, you get to that awkward stage where you can't really ask. It's inappropriate to ask what their name is. You have to nudge a friend or something like that to, you know, be on the up and up, but Citizen Web3 Well, well, who's your favorite person to follow? I'm still gonna have the same question, coneydaddy Wait. coneydaddy who's my favorite person to follow? my gosh. I don't even think about it. I'll think about it. Let me come back to that. Okay. Probably Greg Ozuri first off, cause he will just airdrop you some AKT. So you should a hundred percent follow him. That's, that's a given hands down. when I first got on my Cosmos journey to Adrian, I don't know if you know him. Citizen Web3 That's a hard question, that's a hard question, I see. coneydaddy Adrian aka the Louisiana Swamp Brat. He's a very interesting follow. Highly recommend him. Adrian and Greg definitely like, I don't know, supported me in my intro to the Cosmos realm and just told me to keep on making stuff, which was super fun. Greg flew me out to New York. I went to Misari Mainnet and hung out with the whole Akash team. I had never even talked to Greg on the phone. Citizen Web3 Wow. coneydaddy and then met him in the lobby of the Marriott at Times Square for the very first time. Luckily, it went really, really well. Man, would have been awful if everybody on the Akash team was terrible, and I was just stuck with them for three or four days. But it was awesome. I loved it all. Highly recommend. 10 out of 10. Citizen Web3 Nice man, nice man. But let's, I mean, I was going to make a terrible joke and gladly that I didn't have the space for that. So let's just delete that. Well, fuck that shit. let's go serious. I'm joking. We're not going to go too serious, but on a small seriousness kind of scale, how did you come to this phenomenon that is blockchain? mean, one day you woke up like coneydaddy We'll have to edit that out. coneydaddy Not too serious. Citizen Web3 over there at Kony Studios thinking, man, beautiful day. love, I love, I have a cord, have a yellow mic, whatever, I mean, blockchain, really? Like how? coneydaddy I mean, if we want to go, if we want to go way back, I mean, way back, mean, like 2017 way back, you know, you know that, that, that glorious bull run, if there ever was one. I, so I have just done video stuff my whole life. work in commercial post production. So I sit on computers that, you know, usually have pretty beefy GPUs in them. Citizen Web3 Way back, way back. coneydaddy and I worked at a small post house here in Los Angeles and my best friend aka roommate, he was the head IT guy there. So we kind of both started like dabbling into it. We didn't really know what any of it was. We like started to mine. We like downloaded some like awful mining software that I'm sure was like malware. Well, this is the thing. It was this weird software that just like would mine whatever was profitable at Citizen Web3 What did you mind? coneydaddy the time and would just like switch. like sometimes it would be like mining like like ETH, sometimes it would be mining Zcash. And then it was mining a bunch of other things that like I remember like Monero was one of them and the other ones I don't even know at this point and they were all and it would just like flip back and forth. So we kind of just got like dust of like all these different various things. We finally like did our research and we decided to mine ETH, which I'm just so proud of myself for even thinking that was like the right thing to do. And we finally did it and we mined one ETH. We mined an entire one. Which was awesome and it was pure profit because in between me and you and all the people that are listening to this podcast, you know, we, we minded it work, which I probably shouldn't tell people. Don't worry about it. Don't worry about it. So we did that and yeah, we just kind of hung out and then we kind of like just stopped mining because we were like, well, this was a neat adventure and currently this one ETH is worth. Citizen Web3 beautiful. Citizen Web3 them. coneydaddy Not that much. I wonder how much it was at the time, because I remember me and him were talking about cashing it out and just buying a couple cases of Paps. Paps blew a ribbon, just 60 cold Paps. And we were just too lazy to even figure out how to cash it out. And that was kind of the end of the journey for a while. Then suddenly, the bull run happened. That ETH was worth $1,200. We were like buying other things. We were buying some Bitcoin. We didn't know what the hell that we were doing at all. But he let me have the reins. He was like, do whatever you want with it. And all my buddies were like, there's this new thing called XRP. There's this thing called Ripple. You got to buy Ripple. So I traded that one ETH for Ripple at like the all time high, at the all time high. And since then, it's just crashed down. So we still have. Citizen Web3 Hahaha coneydaddy We still have the remnants of that one ETH, but that was like kind of the beginning of my crypto journey. and that was like the beginning of me, like mining and I didn't actually buy any for a while. I actually in the middle of this story, while we were like mining and we didn't really know what anything was, I went on a sailboat race, a buddy of mine, he bought a sailboat on Craigslist for like $3,000. It's kind of what? Citizen Web3 Wait, wait, Connie, Connie, Connie, Connie, man, I know this story. I know this story. You lost your ledger on a sailboat. Wait a minute. coneydaddy Yeah, I mean, that part that part happens after I get big. That part happens after I get rich. This is this is a is this is a sailboat race one. But we were like sailing through a literal like storm. And my buddy was telling me about like he's like, yeah, just like you should just start buying a bunch of eats. So I bought my first eat, which was like, you know, super inexpensive at the time. I bought like four, you know, and I bought it on a sailboat just in the middle of open. Citizen Web3 Sorry, sorry, sorry. coneydaddy water while a literal like we're sailing through a literal storm like the very next day we like anchored in the coast guard like pulled up and they kind of scolded us for sailing throughout the night but we made it out alive so i stacked up a bunch of eath and when i mean a bunch of eath i mean i had like 10.5 eath and that was it which wasn't worth a whole lot at the time and then of course the bull run happened and i was like i got fucking twelve thousand dollars and then It all died down and I figured it was over. So I sold them all and I sold them all for like 118 bucks each. And I regret it every day, but what are going to do? What are you going to do? Everybody has to have a story like that, right? Everybody's been kind of almost rich one time. That's like, that's like a rite of passage, I think. I know for a lot of people to probably like, 10, that's like 40,000. That's a shit ton of money to me. $40,000. Hell yeah. Citizen Web3 But, but, but coneydaddy But yeah, that was kind of my first soiree. I didn't know anything about it at the time. I was just kind of like, this one's cool. Do this one. Citizen Web3 And when did the light, when did the light come? When did you discover Cosmos? Yeah. coneydaddy When did the light come? Well, the light, the light came. I, you know what, at my, this is another like side tangent. I also remember the moment I had a friend who was working at my same post house. Cause we were all like kind of just dabbling into it. He like walked back with like his laptop. He's like, look at these things. They're pictures that you can buy. And they're like, you know, a hundred bucks each. And they were crypto punks. And I just remember looking at them all and being like, that's stupid. I'm paying a hundred dollars for that. Hell no. Hell no. Citizen Web3 Was that a punk or a crypto A by any chance? Get out of here. coneydaddy But A punk, a punk, yeah. I feel like it was punks first and then it was like CryptoKitties. What happened to CryptoKitties worth a lot right now? I feel like you don't hear anything about them. Citizen Web3 Man, I actually still have about 16 CryptoKitties. coneydaddy Yeah, are they like worth a lot now? Because I feel like they were like definitely one of the first NFT things and they crippled the network and they have like a pretty big like story behind them. Citizen Web3 We have, we have, I have an episode with, Constantine Lemosuk, who is the P2P validator, leader finance guy. can, this big time fella now and we're friends. We, go years back and I remember 2016, 17, the whole thing, you know, starting out and then, crypto kiddies happened. And I remember we were all, we actually have this story on the episode, so I feel safe enough telling this. we were sitting, coneydaddy Mm. coneydaddy Mm-hmm. Citizen Web3 in one of our offices in Minsk and in Belarus, don't ask why. well, that's a different part of the story. And suddenly, you know, like there is a lot of I think it was actually brought Christmas. was it was was new year. It was Christmas 2017. It was like the 25th, 24th of December, something like that. coneydaddy different part of the story. Citizen Web3 And then Costa calls one of us and says, can you open the gate? we're thinking, why do you want us to open the gate? Because you have no car. And he's like, well, I do have a car. And now can you please open the gate? So somebody actually goes to open the gate and he pulls in an ML and then you Mercedes-Benz ML and what it was. And this is actually a famous story. You can actually Google this story. He sold the CryptoKitty and bought a Mercedes ML for it. CryptoKitty. And he sold it to Igor Barinov. coneydaddy Well done. Citizen Web3 the founder of the XDAI chain. So it's quite a famous story. It's one of the first crypto kiddies. And yeah, man. So those things were crazy, man. But so I think, coneydaddy Yeah! I mean, it's interesting where punks are now because in my like pleb mind at the time, CryptoKitties were like way more hot and like way more of like a bigger ordeal and like punks, I feel like we're not that poppin' when they first came out. Maybe I'm wrong. It's not like I like followed the space immensely. I didn't understand it at the time. You know, and I guess we're all still trying to understand it. Citizen Web3 I'm with you. I'm with you. I'm with you though. mean, all I got out of this NFT hype was a crypto duck. probably, nobody knows what a crypto duck is. it's a crypto duck. There we go. Yeah, a duck, a duck, like a quack quack duck. Yeah, a quack quack duck. Yeah, they're one of those. I'm sorry, my accent is coming out, but hey. coneydaddy I don't know what that is right now. Explain to me like I'm five. a crypto duck, a duck. Quack, quack, Citizen Web3 But anyway, seriously, you head of this whole story, which is quite, guess, in a way it's typical, but it's a cool crypto story with boats and whatnot and then this. And then you kind of discover Cosmos, you say, CoinGecko, all that stuff. But that's cool. And you say you're here to chill. And in my opinion, what you're doing is, like I said, you're building the most important layer, layer zero, the community. But what is the goal of the Crypto Daddy studios? mean, I don't know. mean like a goal as in like a business goal. Fuck that. Right. I mean, like what's, what's, what's, what's your personal kind of motivation to do all this? Yeah. coneydaddy What's my personal motivation? I guess this is my ultimate motivation. When I was younger, I watched the Wayne's World. Do you know what Wayne's World is? You know what Wayne's I don't know how international Wayne's World is. You know what mean? I have no idea. I didn't know if it made its way past Canadian-US borders. But. Citizen Web3 Of I know, of course. Do I know what Reigns Wall is? man, man. Look at me, look at me, look at me. Look at me. Do know what Reigns Wall Look at me for fuck's sake. coneydaddy But I watched Wayne's World and I thought that that was awesome. was like, I want to be just like these guys. Looking back on it, they're all losers. And that was a terrible role model for me. But I was like, these guys are awesome. then when you go to school, when you go to university or whatever and you have to pick a career for the rest of your life is what it of feels like. I didn't know what the hell I was doing. Still don't know what the hell I'm doing. But I especially didn't know then. So I was just like, I kind of like to make videos. So I'll just do that. So I just went down that whole rabbit hole and then worked in. And then I moved to Los Angeles. I just moved out. I packed up all my shit in the back of my shitty ass car and just moved here with no job or anything. And yeah, just like fell into the post-production commercial advertising realm, which is fun, but it also just sucks the life out of you. And it's just grueling and Citizen Web3 That's it. coneydaddy It's so we like start at like 10 hour days minimum. That's like you're like smallest days You have like a 50 hour workweek like minimum and I loved making videos when I was younger with just like Friends and just like shooting something and just like editing it and just like exporting it and being done and like one day and just like moving on and not like worrying about like the small super tiny details like if you work in commercial advertising, you know, I mean if there's like a speck on the wall, you're like rotoscoping that out and like painting that out and stuff So I don't like to do it. It feels like work. It took the fun out of it. But making Coney Daddy videos is very fun and I like it. And it reminds me of why I like to make videos, because it's just quick and it's fun. And I have some friends here in LA that will occasionally help me shoot them and make them, which is super awesome. I wrote my... girlfriend in all the time and I'm like, can you pull focus? Can you make sure I'm in focus and all and all this other stuff? But it's just fun and it's whimsical and I just I like to do it. But also I before any of that kind of started, I was just like constantly researching like blockchain stuff. And it's just it's such a deep rabbit hole. It's such a deep rabbit hole. I still feel like I don't know anything and just so much is happening all the time. So fast, like even Keeping up with everything just in the realm of Cosmos is very hard. Just because things are just moving at the speed of light. It's also tough too because there's all these prominent figures and stuff that you should follow if you want to keep up with updates. But everybody just has a weird NFT as a profile picture and you don't know. It's very hard to tell who's who at times, for sure. But man, it's a fun realm. It's a super fun realm. Citizen Web3 And where, and where is it going, man? Like, where is, mean, I mean, surely for a person who has like a, not, not the market, not the market, not the market. I mean, the whole, the whole Coney daddy thing. I mean, the whole, the whole crypto Twitter, Coney daddy, Cosmos thing. Where, where are you, where are you going to, mean, making videos, like you say, it's fine. And as long as you enjoy it, man, I mean, I gotta, I gotta get some context out of this, right? So come on. coneydaddy for sure. coneydaddy You think I know? You think I know, Serge? You think I know where it's going? I have no idea where it's going. Not the market. coneydaddy I don't know where it's gonna go. I don't know where it's gonna end up. But I think it's just a fun ride. I like all the people I interact with on Twitter. I feel like everybody else is super fun. I like the entire space too. At least when I went to Misari, one thing that I thought was super interesting, at least compared to a lot of other industries and whatnot, is like, crypto is like so young and so new that there's not like old money in it yet. I mean, I'm sure there's other people that'll be like, there's people that have a ton of money that bought Bitcoin, but sure. Okay, great. But like compared to other industries, like everybody is just so new and so fresh. And like, there's no one yet who's like, my father was a Bitcoin miner. You know what I mean? Like everyone is just so new and young and I feel like it makes the space, just very vibrant and like alive. And I feel like people are like very jazzed to be in it. As opposed to you know, my father was a banker So I became a banker just for the hell of it because keeping up with the family business or whatever, you know nepotism bullshit Citizen Web3 Even the chicks are younger, man, so. We're going to edit that. that. that. No, I'm joking. We'll leave that in. But totally. No, actually, I do hear you because when I started to work in crypto, which was 2016, I started off, sorry, 2015 or 16, did Steam it? 16, I think. Yeah, man. And I started to write off. I like you say, I was writing some articles just for fun on Steam it. coneydaddy Edit that out. coneydaddy It's like a million years in the blockchain world. Citizen Web3 And then suddenly the next thing I know is I'm launching crypto projects. I'm like, you know, so this is why ask you, where is it going? Because like, well, be careful, man, that that's where it might end up, you know. coneydaddy I do have a... do you know the guys from Chandra Station? They're a validator as well. Well, Chandra, there's a guy there named Chalabi. Very, very nice guy. Everyone validate to Chandra Station. Little pop out. I'm not saying don't validate to Citizen Cosmos. I'm not trying to start a war here. Citizen Web3 No, no I don't actually. Citizen Web3 No no, Chandra, no no, Chandra! No, no, validate to Chandra, validate to Chandra guys, no no no no no. coneydaddy But Chandra always tells me I can't learn too much. I always need to stay a little bit below, because he says that's the allure of a lot of my videos, is they're very dumbed down and a little bit more, just speaking to common people. So he's like, the moment you learn too much, it's all downhill. You're too on the inside. You're too on the inside. That might take a while, though. That might take a long time. Citizen Web3 I totally, I can so hear it. As soon as you start to understand, I remember like 2013 or 14, no 13 when we first time we made some money with crypto and then you actually start to research it and then you're like, no, no, no, no, no, no, no, that's too serious. And then it goes way down the hill from there, way down the hill from there. I totally agree. But like on the validation notes, when is Conny that you're going to validate? Cosmos Hub. coneydaddy One day, maybe, when I figure it out, I'm trying, I'm trying. I've thought about it. I actually have thought about it, just like for fun. Just to have a way to, know, perpetually make more videos and just live the Coney Daddy life. Citizen Web3 Come on. Citizen Web3 Well... I'm not, I'm not saying anything, but me and CryptoSitter when we did, I think it was when I, me and CryptoSitter, know, that YouTuber guy, know, I never heard of, nah, nah, I know, I know, I know. So it was this random guy, this random guy on YouTube that keeps talking about Cosmos, which I don't know what it is either. But anyway, so, so this guy, I went onto his YouTube channel and I asked him, when do we see crypto like coneydaddy Who? coneydaddy Hmm, I don't know him. I don't know who he is. Citizen Web3 the validator, think whether he was on my channel or when I was on his and so, and then he did launch it. So I'm just saying, I'm asking, you know, I'm asking, I'm asking, you know, steak daddy steak. Come on, steak daddy. That's beautiful. coneydaddy And then Steak Ceto was born. Steak Ceto. coneydaddy Steak Daddy is a pretty good name. my name was never supposed to be up. This Twitter handle was never supposed to be a public facing name ever. I don't even know if there is much of a story. It was just me just thinking of weird names. It was not supposed to be a public facing name. My face was never supposed to be. It was a Lurker account. True and true. I'm originally from Cincinnati though, which is a small town. I wouldn't say it's a small town. We have a major league ball team. We're kind of big time, I guess. Citizen Web3 Yeah Citizen Web3 I wanna hear the story, come on, I wanna hear the story, I wanna hear the story. coneydaddy We have conies, which there's a variety of conies, at least throughout the United States. I'm sure there's some in other parts of the world. But we have like a Cincinnati cheese cony, which is just like a hot dog, chili cheese, onions, mustard. And that's like the staple of the area. There's more like cony chili parlors than there are like McDonald's or other fast food establishments. So that's the only reason why my name is. Coney daddy it has it has nothing to do with anything else. Should you try one. Should you try one. I think you should but everybody I've ever introduced it to does not like it. They're just in full honesty they just don't like it might just be a nostalgia thing for sure. If you're if you're from the area you love it. You were raised on it. All right. It's it's it has to be a terribly unhealthy food. It's a hot dog which is already unhealthy and then it's a meat sauce. that's like put on, it's like meat on top of a hot dog and then just cheese piled on the top. Citizen Web3 you need a health pass to get into McDonald's, so, you know. coneydaddy you do? Yeah, this is a... Yeah, if you're trying to watch your figure, maybe... Maybe no. Maybe no. Citizen Web3 But I mean, judging from the both of us, neither of us are really... I mean, you might be, I don't know, I'm not, I don't watch my figure. But just saying, just saying. But on a validation note, what is your opinion that Binance recently, well, not that recently, but more or less recently dropped out of the top spot and now is, I think it's 14, 15. coneydaddy I think that's awesome. I feel like that means more people are like, I feel like it takes so much. I know a lot of people that are in the space, but it's not that much work. Read the proposals, vote on stuff. But like normal people that have other like actual fiat paying jobs and have to go live their lives and stuff, they're not like keeping up with stocks or anything like that. So like they're for sure not going to like keep up with like validator calls and all, you know, or not validator calls. What the hell am I talking about? Like keeping up with like governance proposals, and I feel like lot of them are not going to even, I feel like no one even knows what validator to even pick. I know every time I try to stake on a new chain, it's like, who the hell are all these new people? I don't know any of these people on this chain. These are all random accounts. So it's very hard to tell who you align with. I usually just stake to a bunch of people that I know personally and just stake to a bunch of different ones. I feel like that's the safest thing, right? Even though you claim those stake rewards, you really got to hit that right button on that fucking ledger a thousand times. Cause you know, you're like, stake to like 10 different validators, but it's part of the fun. I feel like it's just, it's all part of the fun. It's a very, I do like the whole, it, I do like the whole gamified approach to like blockchain technology. I I do think it like led Legitimately makes it so much more fun than like normal banking and I was never one that like studied finance in any of my I don't know K through 12 or Collegiate studies. I was a video guy. I didn't have time for numbers And and I think the blockchain space and just like studying that has really opened my eyes to just a lot of normal Fiat finance things that I probably should know by my age in all honesty and I didn't I had No idea. I didn't know what fractional reserve banking was. I learned that, and then your mind is just fucked. yeah, it's all downhill. Citizen Web3 You're an 80s kid, right? You're an 80s child, right? coneydaddy I'm a 90s kid. What a... Are you an 80s kid, Serge? Mmm, old man. I'm a young gun over here. Citizen Web3 I am, I am, I am, I am. Well, I look much better. mean, the crypto thing, like, you know, the hardware bullets, they keep you skinned. But... coneydaddy keep you looking smooth, keep you looking smooth. I'm at the edge though, I'm 91. I'm in my 30s now, is, my god. Citizen Web3 It's beautiful. That's beautiful. That's beautiful. But like, you know, like, let's, I mean, I love this validation conversation because, you know, we're talking like fun stuff and we both, and I think most people start off their crypto journey, like for fun. But I tell you one thing, like watching, I mean, I had a validator node, a delegator node or what was it called? Sorry. Another delegator. Sorry. What am I saying? A witness node, a witness node. There we go. in as far as 2016, but that's basically pos, but the old pos. And I tell you that I've seen networks die because of shitty validators. then, of course, this is different time for crypto, but, you know, we did progress and the way the consensus has progressed and the way we view validators and bonded proof of stake in Cosmos rather than just proof of stake, which, you know, kind of makes up the game because as a delegator, you now need to think who you're delegating to. Because you also get punished right as and before you didn't so and the validators didn't care about the network and the reason why I'm asking you like why you know, or like why I asked a crypto Cito and Why I will ask anybody who in my opinion is contributing to the to to the network is man guys I mean, I think that that look at it I mean you said like you don't know how to validate you and in my opinion validators Okay, if a blockchain is like a city or a country so the validators are like the businesses, you know coneydaddy yeah. Citizen Web3 And the delegators, we are the VC, we are the users, we actually delegate money, we get something back. And I think if those people who delegate, validate the network actually improve the city, you know, they do something like, you know, well, make it famous, you know, start a TV or, you know, build a theme park or whatever. This is the people who should be, in my opinion, be more rewarded than, well, again, this is why I ask people like yourself, man, when is we're going to see. Daddy's steak steak steak steak daddy steak daddy. Man, I would delegate the steak daddy. I mean, come on. coneydaddy Steak Daddy. coneydaddy One day soon, I hope. You know, one thing I do love about the Delegator or like Validator business model though, is it just feels so much less like slimy than like other business models as far as like, like stake your funds to me, you're still getting something out of it. You know what I mean? It's not, it doesn't feel just like it's like straight up like send me money. You know what I mean? It feels a little bit more, what's the appropriate word? Like reciprocal, don't know, symbiotic. Citizen Web3 Ha Citizen Web3 Donate, donate, donate, donate. I'm joking, I'm joking. coneydaddy Symbiotic. Yeah, right. Yeah, yeah. It feels like just a little bit less slimy and less just like, me money. But no, think what's hard too is when you look down a list of validators, it's very hard to tell who's doing what within the community, especially if you're someone that's new and you don't know who's personally attached to all the individual validators. Citizen Web3 Through. Completely. coneydaddy or like who they are. Like Jack, Jack is in charge of a strange love, right? I know that because I hang around Twitter all the time, but if you're like somebody that's completely new and you're like very new into the whole thing, you might not know who Jack is. You don't know that he's associated with strange love. So I think it's just hard. I mean, I've definitely like redelegated bags to people that I know. And a lot of people that I've met because I also feel like if anything happens I can be like yo Yo Crypto Cito what what what's going on? Citizen Web3 But, but coneydaddy He's never done anything bad. I'm just using this as an example, but he's never done anything bad. You should steak to steak, Cito. Citizen Web3 I mean, he does not say where his dad is for a long time now. I mean, we still been looking for his father, but, and if steak daddy comes along, maybe, maybe just maybe so, but, but, but you, bring a good point. bring an excellent point. I mean, you're saying that, and, that's actually a good question. Maybe like, how do people, how should they find out who does what or who, who's this, whatever that name is, strange love or. coneydaddy Dick daddy. Citizen Web3 I'm sorry, we're picking on you, Jack, or I don't know, Chain Flow, whatever. Let's pick on anybody else, Sentinel, whatever. Can you think in Sentinel is easier because the name of the project, but with others. Maybe this is because the whole POS industry is still young, man. coneydaddy Yeah, yeah. coneydaddy I mean, I think it's a lot of it's because it's so young. I do wish when you were like going down the staking Kepler interface or whatever, like I do wish everybody had like a little bio just that's like what they do. Just, you know, like 140 characters. And I know that you can put a link to like a site, but some people don't have anything on the site or don't have a link at all, which is, I don't know, I guess should be an alarm maybe. Citizen Web3 What would be the, what would be the stake that is 140 character introduction? coneydaddy let's see. don't. Citizen Web3 It's gonna be 140 characters, I'm counting man. coneydaddy Guy with microphone talks a lot. Citizen Web3 Haha Come on, you can do better than that. But no, but seriously, it is a great thing, think, that less centralized exchanges, there is still a lot validating the network. But hopefully that we will see more and more people that are actually like yourself building the network to join and validate it. coneydaddy yeah! coneydaddy I feel like it's a great sign too, because I think it shows that a lot of the active participants in the network are becoming aware of the rewards that you get without staking to a centralized validator and are just becoming more in tune with the decentralized ecosystem. Because most people that I know on a personal level own a little bit of crypto in some form, but they have no idea what it does. They bought it on Coinbase, and they're just attempting flip it in like I guess like a short amount of time and they're all buying like $100 worth $300 worth 500 you know what I mean somewhere in that kind of realm but none of them will ever export or you know they're not gonna take their assets out of the sex it's it's not going to happen anytime soon I have converted a few friends over to osmosis for sure and that's probably one of the reasons why I kind of fell in love with the cosmos ecosystem is probably just because I tried so many times to play around with the Ethereum ecosystem and I tried to do things on it, but I just don't have enough money to do things on it. It's just like cut and dry. Because like when you, if you're new, you're kind of like nervous about dumping any form of money into something that you have no idea what it is, right? It's, it's, it's for a lot of people, they get very hung up on it. and then when you're in the space long enough, you don't even know what money is anymore. And doesn't, it, it's just like a weird abstract of value, but I feel like people get very like hung up on it. They get very scared of like putting money into it. And then when you go to use all these like, daps on the theory of a network and they're asking you for a gas fee, that's like outrageous. it makes it very hard for like a common person to explore and very get comfortable. and really like dip their toes in and it makes it like hard for them to get like experience. cause every single move that they make is costing them so much. whereas with like osmosis and cosmos in general, can buy, you can buy one atom and you can do all of it. You know what I mean? You can like buy one Adam, you can send it to a, self custodial, whoop, whoop, whoop, all that. You can take it to osmosis. You can swap it for something. You can LP, like you can do all that with just one Adam of value. coneydaddy and just gain so much experience. And arguably, once you learn how to do that, then when you move over to Ethereum or some other blockchain, all of it is more or less similar in some capacity. So I feel like it's a great intro to the blockchain space, if anything. know what I mean? It's just a great way to get your feet wet. And I think new people should dive into that. Citizen Web3 But judging from what you're saying, you don't, I mean, would you say you're, I hate stigmas and tags, but would you say you're a cosmos maxi then? Or. coneydaddy Yeah, mean, I suppose so. I suppose so. Yeah. Citizen Web3 Because I'm not, I'm not, man. I'm not. people hate when I say that. Bro, this is the thing. People hate it. And I'm sorry, I have to say that though. The thing is, I'm not sure if it still says it on my Twitter handle, but my personal Twitter, but I'm a blockchain maxi. I'm a decentralization maxi, even on a blockchain maxi. I'm a decentralization maxi. coneydaddy Citizen Cosmos Surge isn't a Cosmos Maxi- I mean- coneydaddy That's fair. Well, I think it's never a good idea to be a maxi in anything, because then you are walling yourself off from change and new things to come. And it's only 2022. man, it's weird even saying that number. But who knows what the future is going to behold? Think of all the chains that have come and have died. I sold all my ETH in 2018, which in hindsight was obviously a terrible idea. Citizen Web3 You're right. You're right. You're right. Citizen Web3 Yeah coneydaddy But at the time, you're like, this is done, and someone's going to make something that's better, and this one's going to go to zero. And it's a weird. I mean, it's all moving so fast all the time. It's very hard to peg anything. Citizen Web3 I in five, 10 years time, you will remember this conversation and we will laugh because I don't think people will question what's underneath blockchain there. It's all going to be talking to each other. I think it's so close. We can breathe it already with IBC, obviously. coneydaddy Right? coneydaddy I mean, I think the more I learn about blockchain, the more regular fiat, like regular banking just confuses the hell out of me. Like I had to go pay my rent the other day, but my landlord wants me to mail him a paper check, which like don't even get me started on a paper check and how confusing that is at all. And... Citizen Web3 Wow, wow. coneydaddy So he, for some reason, wasn't able to get the check, because he was out of the country. So he wanted me to walk down to the bank and deposit the check directly into his account, which was a pain in the fucking ass, because now I have to go to a fucking bank. But I get there. I accidentally write down his account number on the back of the check. then I hand it to the bank teller, and they just input it and just say, OK. I don't know. But I accidentally wrote a number down wrong, and I was cross-j- tracking it with like the email that he sent me. So I was like, shit, I wrote down this number wrong. So I like scratch out the number and I rewrite a new one. And like the bank teller was like, my God, I don't know if I can accept this. Cause like you scratched it out. was like, well, why does that matter? She's like, okay, just hold on. They went, they got a manager. had me initial, you know, next to the, crossed out number and they were like, okay, it's fine. Now it's fine. Now he initialed. next to it, it's okay. it's like instances like this where I just like, I am just so baffled by like the regular fiat world in the blockchain world just makes like so much more economical. Citizen Web3 So basically what happened in the crypto way is basically when you pressed copy pasted the address into the ledger, well into the whatever, the MetaMask, it took so much time to check the address that it pretty much crushed the system. coneydaddy I was just baffled that like, all right, just put your initials by it. That's fine. That's fine. No one else could have hijacked this check and stolen it. And they couldn't have put your, you know, first letter, your first name and the first letter, your last name on it. No one else could have done that. This is, this is good. This is good. Citizen Web3 Ha ha ha. Citizen Web3 Is it if you put, I don't remember, I think if you put like two lines on one at the front page of the check, and it has to be like two lines or an X, I don't remember. That means that the check cannot be passed to another person because you can pass checks, right? Or something like that. coneydaddy you can like sign off checks to other people, which is I've never done that. And it also sounds like just an incredibly confusing thing. Like I can write a check to somebody else. And then that person I think can like right on the back and be like, give this to surge. And it like, makes no sense. I don't know how checks work. See, this is the thing. I didn't really knew how, I never really knew how money in general worked. And then I feel like I learned about like Bitcoin and blockchain. And then I feel like I kind of like went backwards and learned about fiat money. And my mind is blown away by fiat. Citizen Web3 All right. Citizen Web3 Wow. Wow. Ugh. Citizen Web3 Mm. coneydaddy I just don't understand how how it works at all. Like a check is mind-boggling, right? It's a mind-boggling thing. It's like a piece of paper and and then if you It is like an NFT, right? It's got a little number on it. It's I mean, yeah, I guess it isn't fungible with another check I guess Yeah, checks are mind-blowing. I don't understand them. I never will I think I have to order some Citizen Web3 Man, it's beautiful. It's beautiful. It's like NFT. coneydaddy new one soon because that's the only way I pay my landlord and he hasn't raised our rent a little bit and I'm terrified too. I'm not even going to open that box. I just don't want to mention. Citizen Web3 Imagine if he listens to this podcast, man. Imagine he's just like, he listens to that. coneydaddy He might, who knows, who knows? He started talking about blockchain one day and I was just like, I'm not talking to this guy. Citizen Web3 And we went quiet. Citizen Web3 Ha ha ha! Citizen Web3 But this is the thing. is a good subject you bring man, like about blockchain and about fiat money and how mind blowing that... I tell you the thing. I I found about blockchain in 2011 and over the past almost 11... coneydaddy Look at you, 2011, you're doing fine. You're doing fine. Citizen Web3 Okay. Like, but, but like, you know, in all seriousness, like, you know, I, I, it took me a while to understand what the hell was going on. But anyways, that's, that's not the point. Like, I just want to get back at your point here that, I realized over the course of like the 10 years that, if I want to explain to somebody, what blockchain is and, and for them to really understand and to use it, then I don't say anything about blockchain. All I have to talk about is just the. current fiat system and the way it works. And then when people listen to that and then they're like, my fucking God, is that, that, that, that's how it works. And you're like, yep. Yeah, man. People don't know. People don't know. coneydaddy No one knows. No one really knows. We just kind of accepted it. You kind of just accept it. You kind of just like move like tokenomics. I would have never considered the quote unquote tokenomics of the US dollar in any form or fashion had I not had another chain or token to compare it to. You know what mean? I just kind of accepted it as like these are the dollars. We need to get more of these. And that's about it. And then, you know, when you compare it to existing. tokenomics, guess, insane COVID stimulus inflation. Citizen Web3 Well, if you think about the US dollar tokenomics is very similar to the story of Tether where it was supposed to be backed by something, then kind of, it's not backed by anything anymore. We already can accept that and we still carry on using it. coneydaddy supposed to be. coneydaddy Well, and that was confusing too. So I am originally from, mean, hopefully I'm not really like too much myself. So I'm from Cincinnati, right? Cause that's my name, Coney Daddy. I actually live on the Kentucky side of the river. I don't know if you know what Kentucky is. Don't worry about it. You don't have to know. So in Kentucky, we have Fort Knox, which is a military fort that supposedly houses gold, like all the gold, like all the United States gold. that's supposed to back up everything. And I feel like that's what you were told when you were like a little kid going on a field trip there in like the fucking third grade. And then you go down this rabbit hole and you realize that, you know, the U S dollar hasn't been backed by gold since like 70, God knows what. And, just, yeah, the, the, the entire rug is just pulled out from underneath your feet. I'm definitely, as I progress more into the blockchain space, I get much more comfortable with like holding. More of my assets in crypto because at first I was not right. mean at first nobody is right Everyone's like inching their way in But kind of as you get more in the space I feel like you're just kind of like yeah This will probably drop by half at some point and that'll probably go up at some point and you just accept it for what it is and No, no, just kind of hang out. I feel like my ultimate goal is just to not work that much I don't want to be a rich guy. I just don't want to work that much. That's like my it's like my ultimate goal Citizen Web3 It's a beautiful goal. coneydaddy I'm a simple guy, okay? don't need a whole lot. I just don't want to have to work forever is really the only thing. And I think if you have that kind of mindset, then it's very easy for you to just stash a bunch of value in crypto and just go for the ride because you don't need to immediately extract that value for anything, which is like a, you know, it's a good space to be in. I realize not everybody's like has. money that they can more or less like have cut in half at a moment's notice. I get that. But yeah, it's like a wild ride for sure. Do you have a lot of friends that are like pretty full in on crypto? I feel like my friends are still like, I'm buying $100 like we're like small amounts, which is fine and fun. And I think they should. And I think that's all you have to do to dabble and to get into it for sure. Citizen Web3 It took me six years to completely change to crypto, but it's been now five years that I've not had any other hello IRS, that I have only live off crypto and the world around it. And it's been about five years now. Yeah. coneydaddy that's awesome. I mean, I'm still not all the way there yet. I still have a fiat job. I still get fiat money to pay for rent and things of that sort of nature. But yeah. Citizen Web3 I still do have sometimes fiat income but that income will also be always crypto related. just that the people choose for some reason to do it via the whole system. yeah, I guess that's... coneydaddy Are they just paying you in like stables or something like that? Citizen Web3 No, it's not like I don't work for anyone, but sometimes when I do certain things, like, I don't know, I did used to do some consulting, for example, and, you know, we used to design some systems to work as an ecosystem developer for other projects as well. And sometimes they would choose to pay in fiat money via the banks and you know, you would have to go and throw the whole hell of that like, yeah, but coneydaddy They're doing it professionally. They're doing it professionally. Citizen Web3 Yeah, that's crazy. I mean, what do you think that or do you even think, I if we are on the subject of like adoption, I guess, right? And like kind of getting completely into crypto, what do you think will bring people closer? I mean, you said that the Cosmos ecosystem is much easier to use as an example to the existing like ether DeFi. What else do you think could help on board or do we even need to onboard more people? That's the first question, I guess. coneydaddy I mean, I guess that's the ultimate goal is right on board as many people into it and get as many people popping over into it. I think for me too, it's not even that like Cosmos is easier than Ethereum. It's that such gas fees are so cheap. You can do more and make mistakes and learn and get your feet wet, like a lot easier. You know what I mean? You can just, you can just dive into so many things and not have to like stress about how much it costs just to like move. money around and like use daps and stuff. And I feel like it's important for people to just like do a bunch of that and get as comfortable as possible. And then once you're kind of over that threshold and you've done it a bunch and all your items are still there, right? They haven't like vanished into zero dollars. I feel like that's when you get a little bit more comfortable and you just start to like throw in more hunks and like do all that. I wish there was an easier way to like, how do you, how do you like... What's your like Fiat on and off ramp? use Coinbase Pro. I don't really cash out very often. I'm gonna be completely honest. People have paid me in a lot of various crypto tokens and I have not cashed out on any of them. I just hold all of them and I just use Fiat money that I get to pay for Fiat things and everything else just kind of sits there. I probably should be a smart guy and like take some profits at the top and stuff. That would be the adult thing to do, but I don't do it. Citizen Web3 Here is... Here is... Here's something crazy for you, And I am not going to say the project because I don't like advertising, but there is a project in the IBC ecosystem that issues cards, which you can actually IBC money from osmosis directly to your card and use that in a shop. That's pretty crazy, man. coneydaddy That's fair. coneydaddy what? Wait, so I can just wait. Do I just convert to UST and can just spend it? Citizen Web3 Well, you don't use T, their token is traded on, I just don't want to do any advertisement, but their token is traded on osmosis and you use that token. coneydaddy Is it a centralized exchange that potentially bought the Staples Center here in Los Angeles? Can you give me a hint? Is that a big hint? Citizen Web3 That's the one, man. That's the one. But that's crazy, right? I I get my rewards from, let's say, I don't know, whatever from staking on one project. Let's say I sent in a cyber or whatever. I BC them to osmosis, put them into LP, then sell part of that rewards for that and transfer it onto a car. Like what? coneydaddy I'm still confused as to how, like sometimes I feel like, you know, everyone on Twitter is always like, we're so early, everyone's so early. And like, I get that and I agree with that to like a large point. But then I was driving down the 10 the other day. I don't know if you know, Serge, the 10 is a very congested highway that goes through Los Angeles. Very congested freeway. I don't know what the difference would be to freeway or highway. Someone else can comment on that. Citizen Web3 Mm-hmm. coneydaddy But now the staple center is now the crypto.com arena. There's branding all over, there's ads all over. It feels like it's very here, but then I talk to my friends and I'm like, do you guys own anything? And for the majority, it's no. I have a few friends too that are more or less, I won't say they're like against crypto. I would just say they are still fairly uneducated on it. And a lot of them are very hung up on the proof of work, environmental dilemmas. A lot of them are very hung up on that. And that's their biggest factor as far as don't dabble into it. And I understand why that's concern for sure. On the other side of the coin, also a lot of these people that I know work at companies that are terrible for the environment, absolutely terrible for the environment. So I'm just like, I I that we shouldn't be just using a bunch of power to do X, and Z. I understand that environmental concerns need to be taken into account, but also it just feels weird that you're working at a company that is just trashing the environment and you seem fine with that. You seem fine with that, but the moment other people do anything else, you seem very concerned. I don't know. I feel like that's one thing that... Proof of Stake chains do advertise, I would argue should maybe be advertised more. I just feel like lot of common people get very hung up on the environmental impacts, and that's all they hear about is Bitcoin mining and how that's more or less bad. And I feel like they staple that to just all crypto things, for sure. I feel like you also know you've been in the space long enough when you read POS as proof of stake and not piece of shit. cause I feel like that's what I knew what POS was for so long. And I would like read all these papers and be like, piece of shit. What are they talking about? Is this, is this a bad chain? This is a bad chain. but I finally have converted. I finally have mentally converted. feel like POS, I feel like that's what everyone says when they're, politely trying to say piece of shit. Right. I'm sure there's going to be some. Citizen Web3 next. Citizen Web3 You Citizen Web3 I never thought about that. Citizen Web3 You've just started it for a lot of people, I'm sure about it. coneydaddy Proof of work, like maxi people that are like, yeah, it is a piece of shit. Citizen Web3 I have definitely know a few proof of work maxis who listen to the show so they will be like, yeah, piece of shit. coneydaddy I'm not, I don't think I'm educated enough to make a firm proof of work versus proof of stake. Yeah. Don't ask me. It did take me a lot longer to understand proof of stake though. feel like mentally I could understand proof of work a lot easier. Proof of stake is a little bit more confusing. Well, cause it's like money is just like protecting other money. Like kind of like, like value is protecting other value, which I feel like is a much harder concept to like. Citizen Web3 Why? coneydaddy I don't know, deal with in my mind, I guess, as opposed to, I feel like proof of work is just so much more visual. And I feel like that like helps a lot of people as far as like, look at all these computers, mining Bitcoin, helping protect the network, know, warehouses all around the world. Citizen Web3 Hmm. Citizen Web3 There is this huge old debate in the proof of stake, proof of work about the inception of tokens. And if in proof of work, we kind of understand where the token come from, right? Like somebody does... coneydaddy It comes from the coin base. It's not an exchange. It's a word for the coins incepted from the mining. I'm kind of a smart guy. I know a thing or two. Citizen Web3 So, but in proof of stake, like, well, the tokens just kind of appear out of thin air. So, and you know, this is the whole like one of the huge debates of, and actually I'm gonna ask you about that, about, I've noticed that in a lot of the episodes of the show, people that we talk about crypto, sooner or later come to talk about this. The initial kind of... coneydaddy Yeah. Citizen Web3 What's the correct word? Who has the tokens? Sorry, I just lost the words completely out of my head. So, know, like who gets the tokens and how often they get them, basically the basic tokenomics. And I don't know, what do you think about it? How do you think like initial distribution should happen of a token? How to make it fairer than it is now? coneydaddy hell do I know, God, I have no idea. I mean, I feel like there's like two sides to everything. And that is like, you want it to be decentralized as fuck, right? Like one, but like two, like you need to pay developers and you need to pay them well and you need to get good developers and you need to have money to spend to pay said developers that should bring value to the entire ecosystem and developers not free. And they're very like sought after. Citizen Web3 Ahahaha! Citizen Web3 All right. coneydaddy resource and that's a hard job. It's a good paying job. It's an in-demand job. You know what I mean? So you need to have enough cash flow to get people at competitive rates and bring them in and pay them and have them make amazing stuff. Sometimes I feel like on various social media threads, feel like people get very hung up on how much money is being spent to implement X, Y, or Z on certain block chains and whatnot. And at the, the, but at the end of the day, like you have to dump money into things to like, to like, to like make stuff to like pay people and there, and there needs to be like some funds. And I guess, I mean, I don't, I don't really know. I guess it depends on like how those funds are locked up and how they're being allocated and how they're being used. And it is a very like fine line in between like, like, like, Citizen Web3 Hahaha! Citizen Web3 All Citizen Web3 You say, you say, you say, but, but, but look, look, look, you say, you're saying like, I mean, your initial reaction, like how the hell do I know? But I mean, if, I mean, right now in proof of stake chains, we have community pools, right? Which are run by the token holders. So technically the community is in charge of a lot of money and well, we should kind of. coneydaddy rug pool and dump and... coneydaddy I guess the community is always fighting, right? Which I would argue is kind of healthy. think the community should be fighting and should be arguing and should be making sure that the good stuff gets through. I guess I'm more on the team of all these projects are so new, so we should just spend a lot of the community pool to make them better. I know a lot of people in reference to Citizen Web3 haha coneydaddy Cosmos I'm being implemented on to osmosis. I there was some people like this is too much money and blah blah blah Which like I get and I do I know how much it takes to implement those things like no I'm not an authority on that but also like fuck. Yeah, pay the people. Let's implement the Cosmos and let's get this shit rolling. Let's let's make it awesome Like I it takes money to make money. That's what this whole thing is summed up in so I think that you know We need to incentivize people to make awesome stuff and money makes the world go round. you you gotta throw it on out there. You gotta take some risks. You gotta get good people to make things, you know? For sure. Obviously these people should be like semi-vetted, but Ethan Fry and those guys, I feel like they have a pretty good resume. I feel like they're doing good. Citizen Web3 I totally agree. totally agree. Totally, man. Citizen Web3 for sure for sure for sure for sure coneydaddy feel like we should let them implement the Cosmwasm. Buy them the club Montes. Citizen Web3 No, coneydaddy the incentivize the space, that one. Citizen Web3 We're talking prop in Cosmos, Cosmos Hub, prop 26 or 25. What number was it? God knows. But anyways, it was when Cyber came to Cosmos Hub in, was it spring 2021? Right? No, 2020. And they asked for some atoms. I think it was 10,000 atoms. coneydaddy forever ago, a millennium ago. coneydaddy We're at what? Where are we at now? I don't even know. Citizen Web3 in exchange for some future tokens via IBC. coneydaddy Which at the time, much was the atom in 2020? It was probably like $6. Citizen Web3 I it was 50k. Was it 50k or something like that? Yeah, yeah, yeah, yeah, yeah. And it was like the first that kind of like in DeFi, nobody did back then, like DAOs would not be buying DAOs yet. And that prop was essentially rejected, though many people, many of the big validators who voted no has since then publicly has said either on the show, I don't know, maybe just hold the gun to the head, but coneydaddy That's not much. That's not much money, right? Citizen Web3 or either like in other places that, no, we should never voted no, we should have voted yes. And yeah, we fudged up. in my opinion, it is because like, this is exactly what you're saying. You're paying developers kind of to develop something in order to grow the ecosystem and essentially make the city bigger and make everybody more profitable in my opinion. And that's the end. coneydaddy We fudged up. coneydaddy Hell yeah! coneydaddy Yeah, I know there is. I saw some like Twitter drama about like Kepler wallet was like charging people to be like featured on their wallet. But like they gotta keep they got it. You know, update that shit. They gotta make some shit better. They gotta keep that rolling. Yeah, yeah, I mean there should be. I I understand that people want this utopia of free work and open source things and like I get that, but also. Citizen Web3 Totally. coneydaddy We gotta eat. We gotta make things better. We have to have time in our day to divert all your attention to one thing. So it's just a fact of life. Citizen Web3 I definitely think competitiveness is like, yeah, it's competitiveness. you say, I mean, you know, the community's got to fight, they got to produce something from those fights. And it's the same thing. mean, isn't it like competitiveness? coneydaddy Bring the good people. We want the best. We want the best. Citizen Web3 We want the lambos now. coneydaddy I have with me a blank check right on it any amount. realize you don't want the check. I realize you're not interested in fiat money, but eh. Citizen Web3 So man, but I'm still gonna ask you the sort of Traditional I guess question but we can make it as fun as you it's just like as fun as you want I mean this show itself. I don't know how many of the episodes you haven't listened to coneydaddy traditional question. coneydaddy I have listened to a good amount. I mainly download them all before an airplane ride. I downloaded a bunch. I listened to podcasts, Cosmos podcasts, all the way to Lisbon, because I was like, need to know who some of these people are so I don't sound like just a jerk off when I meet them. Citizen Web3 No, no. Citizen Web3 But anyways, anyways, thank you for that. anyways, and like the show is about like people who build web web tree and who play a part in building web tree. And amen. Amen. Hallelujah. And what motivates them? Like what makes them? coneydaddy God bless all of them. Citizen Web3 do what they do. So the question that we come up at the end of the season, not the end of the season, what am I saying? Jesus. And is what motivates you to do what you do in your case, make cool videos and build a community? Yeah, yeah, man. What motivates you to in your daily life? I mean, is it something? I don't know. Whatever. coneydaddy What motivates me? coneydaddy I don't know really what motivates me. I think I just have fun. Just downright, I just have fun making Coney Daddy videos and hanging out. mean, there's a lot of other ways that I can go work at commercial post houses and make more money each day, but I don't like to do that. It doesn't feel very productive. It doesn't feel like I'm really doing the world any good. by any means, but yeah, I guess I would just say it's more just like I'm just having a fun time, but also I love, truly love researching the space and learning more about the space. And I actively do it all the time in my downtime, which is not something I do with really any other subject at all. So I guess I kind of like doing Coney Daddy things because it, you know. ties back in with stuff that I genuinely like and enjoy learning about. And I do think are going to change the world and change business models and mix things up for sure. Hopefully, Coney Daddy moves past Twitter. This is just a Web 2 lifeboat that we're on right now. We need to get on the Web 3 ship. It's almost here. We're waiting for it. We've sent out the flare. We sent out the rescue beacon. It's going to. It's going to pop our way for sure. I think it's going to be here before we know it with just how fast the space is moving, at least in my non-developer eyes. You know what I mean? I think it's going to be here so fast. I love following the Akash team for sure. And I'm very bullish on that squad. Because I think. I don't know. I think all of that decentralized cloud compute is going to play such a big role in our up and coming lives before we know it. think right now, I think we are still early. I think we're on the inside. I think it's a very small group of people. think not a lot of people understand any of it at all. I think it's a very hard thing to explain to other people because any time you try to explain... coneydaddy crypto to anybody, it's like, let me take you back to Bitcoin. They have to learn Bitcoin first. You truly have to know the basics of Bitcoin before you like move on to anything else. Cause everything else is just like built on top of it. And it can be a very confusing subject for a lot of people, especially people that are not tech savvy. and I consider myself, I think I'm a fairly tech savvy individual. I'm a post production guy. can tell you a lot about images that appear on screens. as far as like, you know, I work with a lot of software that has a GUI, that has a graphics user interface. Yeah, I'm not a coder, like by any means at all. So I think we have a long way to go kind of like in that realm and just getting like the main people involved. But it's happening. It's happening fast. Citizen Web3 interface. coneydaddy My mom told me the other day she would like a Bitcoin for her, for her birthday. It's probably not going to happen. but she's aware of it. You know, she's aware that it, that it exists and she's I think 60. She brought us, won't we saying that out loud? but yeah, you know, it's going to be here. It's going to be here. So for now we just stack, we just chill and we just stack. think that's the game plan. One day I'll learn how to day trade. I feel like there's this whole other, I feel like there's like crypto web three, like Citizen Web3 you coneydaddy building this whole thing. And then there's like day traders that are surrounding the whole thing. I have no idea how to day trade. I don't know how to read a chart. I don't know any indicators. like, I barely know what a candlestick chart is. And I sure as hell don't know how to like predict the future with it. If I did, I would be sitting in a much more lavish office right now talking to you. I guarantee it. I'll learn. I'll learn one day. I don't do day trade or you do like, Citizen Web3 you coneydaddy trade back and forth. I do literally zero. like, just like, like everything I have is staked. If like the market crashed, I wouldn't be able to do anything because everything would be locked up for 21 days for sure, which probably isn't the smart thing to do, but you know, I'm here to party. Citizen Web3 I'd say I day trade, I certainly say to people when I talk to anyone who asks me like what would you do and part of it is I guess trading or investing, when you're so long in the market like for 10 years, you kind of like, well, you kind of start to... coneydaddy Swing trade, swing trade. Citizen Web3 look at it from a different perspective, I guess, you kind of understand certain things. Like, I mean, if you spent 20 years in the production market, I mean, you would understand a lot about it. So, right. So you would understand what's worth more money than more in production and what's going to be the next big thing in production. And that's exactly the same thing with crypto, I think. I mean, if you spend 10 years in the market and in crypto, you kind of start to, well, more or less, you kind of involved in that. I You get involved in it. You get involved in it. coneydaddy You get an eye for it. You get an eye for it. I do find myself, I have like some friends that, I'm not gonna say they trade stocks, I'm gonna say they attempt to trade stocks. And I just don't know anything about that realm, I definitely feel much more comfortable in the crypto world, like for sure. For sure, I don't know anything about stocks. Stocks, don't know. What even are they? I don't even know. The market closes? I don't even know what the hell that means. I like to wake up and see what happened while I was asleep. Citizen Web3 it's not interesting. No, no, no, no, it's like checks, it's like checks. coneydaddy Sometimes it's exciting, sometimes it's depressing. Citizen Web3 What resources do you recommend? You said before that you like to time to research the space. And so you spend... coneydaddy I feel like when I first dabbled, I feel like when I first got into it, I mean, when I first got back into it in like 2017, I know it's like not that long ago, but at the time the resources were like limited, right? There wasn't a whole lot out there. Like ETH was so fresh and so new. No one knew like too much about it. I did in like, I'm trying to remember whenever it like went online, but like probably like a year and a half ago, I did like the Gary Gensler MIT Bitcoin class. I feel like, however you feel about Gary Gensler, just put those feelings aside, I guess. I realize that's a hot topic. So we don't have to dive in there. But I feel like if you're completely new, I feel like you have two options. Take the Gary Gensler MIT Bitcoin class, which is going to get you through a lot of the macro subjects. And I feel like it does it in a pretty digestible manner. Or I feel like you're going down the rabbit hole of just like researching endlessly on the internet like sideways and going to random like YouTubers and I feel like that way it takes a lot longer and it's much more confusing like for people that are just new and just like don't know anything. I realize everybody that's here on like the Citizen Cosmos podcast. I would rely I would I would argue a lot of these people are very literate. I feel like you have to get to Bitcoin and then you have to get to ETH and then by the time you get to Cosmos I feel like you're a little bit more like in the know. For sure. So I feel like everybody that's like here at this pocket. I guarantee they're smarter than me. I guarantee it For sure. So I would probably ask them but I've like I feel you kind of get to a point and I I would argue maybe not there but I feel like you get to a point where like Twitter really becomes one of your best Resources of just like learning about like new things and like researching new projects when I first got into Everything again this like past year. I would just go down on like coin get go and I would I would scroll down because I'm trying to find those hidden gems obviously but I would just like click on something I would go to their site if their site looked like shit I immediately just like exit out of it and then I kind of just like worked backwards from there so I found a few sites that I thought that looked good you got to have a good site right you're your blockchain developer you gotta have a good you gotta have a good site Citizen Web3 You Citizen Web3 It must have been hard for you. mean, you're in the whole business, right? So I mean, it must have been hard for you to find a good website. coneydaddy I do video stuff. I don't know anything about website stuff. I work within a 16 by 9 container. Citizen Web3 You said you like interfaces. You like things to be pretty, right? coneydaddy True. Yeah, yeah, I'm not, can't, I can't read. White, white papers are hard, all right? I'm a light paper guy. Cause they're POS. Yeah. Sometimes I feel like I would like read like a white paper. I'd be like, I'm following this is cool. And then all of sudden like some parallel about curve graph would pop up and I would be like, I'm out, I'm out. I don't know what's going on. This is too hard. Citizen Web3 You Cause they're proof, cause they're POS, right? That's... coneydaddy They're giving me math with formulas that doesn't have numbers and it has letters. It's too hard. Yeah, I'm not about that life. I can't do that. I will have to admit, okay, this isn't a plug for this project at all, but it'll be a plug for this project. But Celestia, Celestia Cosmos Place Blockchain. So one thing I love that they did that I encountered on their end is someone just made a Google doc that just had all the educational information on it. Just like a Citizen Web3 I like Celestia actually, I really like Celestia. coneydaddy Google Sheet doc that you could just go through and just click through everything. And it just made it so digestible and so easy. And it's like an Excel sheet. So it's like a formula you're very familiar with. And you didn't have to dig too much for it. We need that for everything. I need that for everything. It's so hard. There's so many projects. It's very hard to understand what they all do. There's so many. I just don't know what they do. You know what I mean? I'm still kind of in the dark on. Citizen Web3 yeah, yeah, coneydaddy a lot of them just because they take a lot of like time and research and energy to kind of like dive into. And it's all, it's all just so layered for sure. mean, even when I was like learning about osmosis and stuff, or not when I was learning about when I was making my little osmosis video that I made, if you're trying to describe to somebody what like a DEX is and what like an automated money market maker is an automated market maker, right? An AMM. That's a lot of information that builds upon a lot of things and is very hard to digest if you're kind of starting from square one. So I think making educational tools for people that just digest this content like a lot easier is gonna be one of the biggest things in getting like just more people into the space and more familiar with it. I feel like the more you learn about it, the more you like trust the whole space as well. It makes you much more. Citizen Web3 for sure, for sure coneydaddy confident, dumping money into things. And you're like, there's a ton of different computers around the world that are running these algorithms and checking the list, checking it twice, making sure it all checks out, making sure everybody has it. Yeah, I think you need to learn all that simultaneously. makes me freak out about my normal fiat life, because I'm like, there's no, wait, you're telling me there's not a million computers? Making sure this is good? There's no, it's just. Citizen Web3 life. Citizen Web3 Well, remember your Check story. Remember your Check story. It crashed the system. That's what happens when you don't have a million computers. It's like YouTube. No, I mean, we cannot accept that. But on a kind of wrapping up note, this is, think, beautiful with all the... I totally agree with the education thing. coneydaddy Just chase. Citizen Web3 We need to update the game because that's just really not close to the way that... It's hard. It's hard to get into the space. It's hard. There is not enough entry points. coneydaddy It is starting to get, it's getting easier though. It's getting far easier. It's getting easier every single day. I think we have a lot of people to thank for that too. Citizen Web3 Yeah, well... But- For sure for sure for sure and on a wrap-up note woman You had a video recently and I must ask you that But with done with done, I mean we had done on the show a couple of times and and I just have to ask Wait, wait a minute. Wait a minute. Wait a minute and You've talking about using a VPN all the time and not all the time and you've you've you've said coneydaddy Wait, Don, who's Don, who? coneydaddy Dan, you're here! Citizen Web3 And I just want to know, do you still use a VPN at all times? coneydaddy Do I say, yeah, I use a VPN. I will, we're on a VPN right now. Just let you know. yeah, I use a VP and it also I hung out with, okay. So when I went to Lisbon, so Dan, DVP and Dan, DVP and Dan is what I call him affectionately. Deedle, everybody should follow him on Twitter. He's the CEO of Exidio. Yeah. Yeah. Dan's awesome. I talked to Dan, I think after I made my first Coney daddy video, Dan, Citizen Web3 You Citizen Web3 Use the VPN you use the VPN in Lisbon Yeah, it's cool it's coneydaddy called me up and me and him like talked for like two hours just about like just random stuff, shot the shit, didn't really talk about probably anything productive, super awesome guy. I was hoping he was gonna be in New York for Misari when I went with the Akash team, but I ended up finally meeting Dan in Lisbon and hung out with Dan a very large amount for sure. So I'm hoping to work more with the Exidio team. Citizen Web3 you coneydaddy overall and do some more fun Exidio things and it dvpn things. but yeah Citizen Web3 But remember to wear a VPN. Use VPN, use VPN. I'm sorry, I'm sorry, I'm sorry. Use, but I'm sorry, I'm sorry. I just, just, I just, I just spoiled it, but like, you know, but. coneydaddy Use a VPN at all times use protection at all times coneydaddy I switched over, I used to have a Nord VPN on my phone, so I switched over to the official Exidio app. I had the Sentinel app before, but now we're on the Exidio app. Citizen Web3 my God, my God. Citizen Web3 Do you feel that you feel safer? coneydaddy Do I feel say, I feel more anonymous. Actually fun story about this. When I started my whole crypto journey, I feel like everyone's like, got to have your email that you only use for crypto things. You got to have your VPN. And I was like, all right, I'm going to do this right. All right. I'm going to get a VPN and I'm going to do it anonymously. So I paid for a Nord VPN with Ethereum. cause I didn't know that Sentinel existed and I don't, I I don't know. I don't even know it was like a working. product at the time in full honesty. So maybe it didn't exist. So I paid for it in Ethereum because I was like, all right, this is going to be awesome. No one's going to know who I am. I want to do it fully incognito. And then like the, at the moment you pay for it, they're like, so we need an email address and your name and your phone number and like all this other stuff. So, kind of defeated the whole purpose of paying for it in Ethereum. Also Ethereum at the time was like very cheap. So that was probably very expensive. Citizen Web3 Ha coneydaddy VPN service at this point in time, whereas using the Sentinel network is like what? Pennies on the dollar in comparison. So I would probably say if you're looking for a VPN, for sure switch over to them hands down. It does, it's a little hypocritical now, like looking back onto it. As far as the whole VPN service goes, as far as like you're using a VPN. for privacy, for not sharing your data. And if you're using a centralized VPN, the very first thing they ask you for is like, all right, so what's your name and your email address? And can you give us a credit card number to continue billing you each and every month? If anything, I'm gonna use Exideo. I'm not even trying to flex Exideo in the Sentinel DVPN service. I'm just saying it's pretty awesome they don't auto bill my credit card every single month and just take money out of my account without asking me. That's pretty cool in its own right, let alone the fact that they're selling you a service that's, you know, advertising privacy and they're not asking for my name. Citizen Web3 Wait, what do you do that you don't want the credit card company to know? That's... Yes. well. coneydaddy You think I would say that out loud on a podcast, Serge? You think I would say that out loud right now? I'm not going to name myself in a way. coneydaddy Keep it wrapped. Citizen Web3 Keep it wrapped. on that note, on that note, on that note, but in all fairness, can actually pay for centralized VPN with Monero, for example. You can. coneydaddy Do they still ask you for an email and all that other stuff though? I mean, guess I could have made a fake email. It just kinda seemed like it feeded the... Citizen Web3 You can, you can, in all fair, you can make a fake, fake email. Yeah, you can make a fake email. Of course, of course. I know, of course, of course, of course there's a big difference between the way the architecture set with the servers. And this is the main point. coneydaddy But I feel like XIDEO is so much easier. I feel like I just download the app and I'm like, boom. coneydaddy especially since I can just get all that DB piano and osmosis so fast. Citizen Web3 Man, for sure, for sure. And I'm sure that these guys are going to grow. I really like to see what would like a lot of more teams to build around Cosmos. I'm hoping that we're going to see more and more projects. And I think it is happening already with the amount of like in last half a year, just like bam, bam, bam. Yeah. coneydaddy yeah. They're multiplying like crazy. coneydaddy Well, serj. Thank you for having me on. I hope I was able to enlighten people with my simpleness. I'm learning more. N Citizen Web3 I think it was beautiful Outro: This content was created by the citizen web3 validator if you enjoyed it please support us by delegating on citizenweb3.com/staking and help us create more educational content.