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Bitcoin tops $66,000 — nears all-time high

Bitcoin tops $66,000 — nears all-time high

Released Tuesday, 5th March 2024
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Bitcoin tops $66,000 — nears all-time high

Bitcoin tops $66,000 — nears all-time high

Bitcoin tops $66,000 — nears all-time high

Bitcoin tops $66,000 — nears all-time high

Tuesday, 5th March 2024
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Episode Transcript

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okay. Konichiwa. Konichiwa.

1:03

Domo Aragato. Domo

1:05

Aragato. That's not just from a song. That actually

1:07

has a meaning in Japanese. That means thank

1:09

you very much. I'm

1:11

preparing for when Kim Kommando

1:13

comes back from Japan and she

1:16

has all her stories. And obviously she's going to

1:18

be fluent in Japanese by the time she gets

1:20

back. Obviously. And I'll be able to relate and

1:22

connect and I'm going to have so many expressions

1:24

in my back pocket ready to go. I

1:26

just have one more. I have those two

1:28

and one more. What's your other one? Super Nintendo.

1:31

But I think that's going to be enough.

1:33

I think that I will have all of my

1:35

bases covered when she gets back. Super

1:38

Nintendo. That works, right? I think

1:40

skip that one. It's Kim Kommando today.

1:43

Kim Kommando is in Japan. She is taking

1:45

a much deserved and needed vacation with her

1:47

family. She's going to be there all week.

1:49

So Allie and I, I'm not confident on

1:51

how to say Allie's last name again, are

1:53

going to be filling in. I

1:56

just can't say it. Just say it, man. How

1:58

do you pronounce it again? Seligman. It

2:00

doesn't it's kind of like a hitch in the middle. There's

2:03

no flow. It's a selling men. You're

2:05

right It's a weird name. It's not

2:07

yours. No, I've taken it you earned

2:09

it. Yes, we're gonna be filling in

2:11

all week Thank you for streaming with

2:13

us. It's the Kim commander today podcast.

2:15

Of course, we're live on YouTube Facebook

2:17

rumble Geocities sites

2:20

Everywhere and if you're watching please

2:22

like share and comment on the

2:24

video that helps the algorithm helps

2:26

people To see us because more eyeballs

2:28

that are on this the longer we're gonna be able to

2:30

do this If you're listening not if you're

2:32

not watching the feed and you're listening to the

2:34

podcast. Thank you as well Leave a comment drop

2:36

a five-star review Anything you

2:38

can do for us is appreciated and we're gonna

2:41

have a full week of us I mean Ally

2:43

I think a little bit in the next week

2:45

to think a couple days next week amazing I

2:47

mean, it's Japan. You just don't go to Japan

2:49

for the weekend. It's a big travel. Yeah, big

2:51

big travel That's a daunting flight. I think like

2:53

15 16 hours. Yeah, it's intense So Kim she's

2:55

taking her well-deserved time off and we're gonna fill

2:58

in I'm gonna start with a story from the

3:00

weekend Actually go back two weeks

3:03

Maddie the show's producer sent me a new

3:05

story about an Apple sports app and

3:07

she was like this may be a throw in at The

3:09

end of the show we may use this as a

3:11

closer just so you're aware. We never actually talked about

3:14

it Okay, but I did download it. I looked into

3:16

it and Apple has a sports app

3:18

I was like, well, this is gonna be cool because I'm a

3:20

sports better I love sports huge

3:22

sports fan and I thought if Apple has

3:24

a sports app then we'll finally have what

3:26

I want a tool a widget To

3:29

where I love that word where you man needs a

3:31

widget Where you can go and

3:34

select on a certain gate let's say I bet on

3:36

the warriors to win tonight, but ten bucks on that

3:38

and $5 on Steph

3:40

Curry to make three three pointers that I

3:42

could select those and my widget would just

3:44

keep rotating that everything I've selected just for

3:46

the day and I would be updated

3:48

without having to open everything It would be right there on

3:50

my home screen. Let's pause for everyone. That's

3:53

like, yeah, what's a widget? You don't know

3:55

what a widget is. I know what a widget is.

3:57

Well, so this app is essentially it keeps track of

3:59

all the scores So you put in your teams, you

4:01

can easily see how all of your people, whoever

4:04

you're betting on are the teams that you follow

4:06

are doing. And then a widget is something that

4:08

lives on the home screen of your phone that

4:10

updates. So what you're saying is, okay, great, I

4:12

would tell the widget, I really care about the

4:14

Warriors tonight. It's just right there without you having

4:16

to open the app. But the app doesn't have that feature. The

4:18

app actually doesn't have any feature. Good,

4:21

good, good. No news stories,

4:24

no videos, no interviews, it's

4:26

just scores. Isn't

4:29

there something kind of nice about that though? No!

4:31

Oh, okay. We have 612 of those already.

4:35

Well, but they're not i-sports or whatever it's called.

4:38

It's the same score no matter where you go.

4:41

Well, no, but they put in pretty boxes,

4:43

rounded edges. So when I

4:45

saw this, I was like, this is so lame.

4:47

There's no need for this. And I kind of totally

4:50

forgot about it. Then I saw a story over the

4:52

weekend. And this is going to shift, it's going to

4:54

take a left turn in about two seconds. From

4:57

the Atlantic, and the Atlantic have

5:00

the headline, is Apple building a

5:02

sports betting app? Hey,

5:05

there we go. I was like, oh, maybe that's what it's maybe they're

5:07

just putting out this meaningless

5:09

sports app, because it's going to

5:11

be connected to sports. But I

5:13

mean, it's really bad. It's just

5:16

scores. It's going to

5:18

be connected to sports betting in the future. So I

5:20

click on the story and I'm reading, I'm very interested.

5:22

And I read a first paragraph and then the second

5:24

and then boom, paywall. Oh, of course.

5:26

The Atlantic is paywall immediately. And so

5:28

I do. There's two things I do when I hit a paywall on

5:30

the Internet. People don't take this as legal

5:32

advice. What he's about to tell you might not be legal.

5:35

First thing I do is I quickly

5:37

try and copy and highlight all the text

5:39

and then paste it into a Google Doc

5:41

so I can read it before the blocker

5:43

pops up saying you have to pay for

5:45

it. Classic move. But with

5:47

the Atlantic, it's there immediately. It's right

5:49

there after the second paragraph. So I have to

5:52

do my other method, which is go to the

5:54

Wayback Machine, put in the web Address,

5:57

and then it will pull up an archive.

6:00

The. Free edition of the

6:02

Arts. The Internet Archive basically is

6:04

everything that's on the Internet gets

6:06

captured. On. Sands.

6:08

To pay wall. Eight Hundred

6:10

And Thirteen. Billion.

6:13

Of web sites. Mark.

6:15

Knew that Know her decision internet Archive.

6:17

Love that. Yes so on. Don't for

6:19

the article and unfortunately. I'm

6:21

attorneys salty awareness. It was a boring article

6:24

they really didn't know. See a system like

6:26

I think Peace? Yeah I was asking a

6:28

question him and just ask the question they

6:30

didn't answer it so I some and school

6:32

through. I stopped for a second. I'm like.

6:34

Causes Legal. Is

6:37

this illegal? To the fact that I

6:40

bypassed the pay wall by going through

6:42

the way back machine? I

6:44

mean they're missing out on the possibility of

6:46

me signing up for free trial source for

6:49

getting about it, paying if sort of for

6:51

seventeen months, then signora credit card statement and

6:53

going to cancel plus. The ad revenue on the

6:55

website. Correct How is this

6:57

week? Or. So I went

6:59

into a deep does a weight. So we're not talking

7:02

about apple and sports betting and. More, We're

7:04

not all about getting past paywalls,

7:06

correct? Okay, we're talking about copyrighted

7:09

information on the Internet Caf. When

7:11

did you find in your travel. Because right now

7:13

the Internet Archive is battling

7:15

to lawsuits. The. First one

7:17

is against the music companies. They started

7:20

this project called The Great Seventy Eight.

7:23

Successful. It's called it's all Music. Pre Nineteen

7:25

Seventy Two that son seventy Aids of has

7:27

their copping the music over, clean it up,

7:29

making some really good and the making it

7:32

available for everyone artist that you've never even

7:34

heard of all the way up to. Thanks

7:36

and offseason. And. Are being sued

7:38

the being sued by the record companies

7:40

saying baby actually calculated they was four

7:42

hundred and twelve million dollars because of

7:44

these her net archives backing up. Have

7:46

all these seventy eight records and are

7:48

losing Their losing the battle is still

7:50

active right now. You can go and

7:52

listen to it immediately. Who's losing battle?

7:54

The Internet or.has got it. They

7:57

also during the pandemic opened up

7:59

the now no emergency library yes

8:01

because libraries were closing across the

8:03

country and so they started. Scamming.

8:07

Physical. Books Millions of physical

8:09

books and making them available

8:11

to who ever wanted them

8:14

online. Super. Cool resource. Snow

8:17

rain? Not at all. It's was

8:20

sitting there going exactly. It's really

8:22

cool and. This. Stuff needs

8:24

to be preserved. It's really interesting

8:26

to go back and look at

8:28

the Yahoo you have different at

8:31

home page. July eighth, two thousand

8:33

and two buds. It's someone elses

8:35

stuff. And. I just

8:37

stole someone else the stuff

8:39

minutes ago for without even

8:41

thinking about it was no

8:43

guilty all. On I think we

8:45

all do that night was paying off that especially

8:48

it's hot food and he only trying to let

8:50

me try different browser let me try. Like

8:52

we have. You think we all do you

8:54

think enough people try and bypass it's that

8:56

it does have a financial. I mean we

8:58

just started with yes with that Everly Vices

9:01

out of business. one of the biggest news

9:03

sites that was on the internet is totally

9:05

done because they can support themselves financially. It's

9:07

not just a was to, it's also people

9:10

using ad blockers which lot of web sites

9:12

monetize primarily on ads of you don't show

9:14

any of them. They. Didn't make any

9:16

money off of you and yeah, I absolutely

9:18

think they're losing money. It is a tricky

9:20

thing. know once you get to. Their.

9:23

So much free stuff on the internet. And.

9:25

There has been for so long that I think people.

9:28

Are still has it. has to pay for a lot of

9:30

things. Vary but do our these companies

9:32

right Or these record companies and these

9:34

book publishers. Are they right to sue

9:36

and shut this down? I mean by the letter

9:39

a lot. probably? Will the just view. It

9:41

as the saying is kind of like. That, but.

9:43

Shouldn't we have access? Isn't it better?

9:45

but it's it's not only that it's better

9:47

is that the internet archive if they say

9:49

off a website is only a for a

9:51

one hundred days on average editing and then

9:53

he gets taken down the average website is

9:55

a for one hundred now have you ever

9:57

gone into a website using forbidden for lcs

10:00

Okay. Have you ever seen 451? I'm

10:02

sure. 451 means

10:04

because of legal actions, this

10:07

website was taken down. Okay. And

10:09

there's a lot of that. There's a lot of

10:11

people who build a website, put free stuff that

10:13

they don't own on it, put music on it

10:15

that they don't pay for, and they get taken

10:18

down because of these copyrights. But

10:20

if you're saying it under the

10:22

guise of, we are collecting information

10:24

for the greater good. Right. It's

10:26

preservation of information. Are they? Yeah.

10:30

In some ways it's almost like encyclopedia,

10:32

kind of. But

10:35

it also, in some ways it's stealing and distribution.

10:37

Yes, 100%. That went to

10:39

copyright and information. So that's why I was sitting

10:41

there and I was so torn because

10:43

I just didn't. I just stole something. But

10:45

also I think, and I know everybody, the

10:48

money grab, blah, blah, blah, big business, corporations,

10:50

I get all of that. I hear all

10:52

of that. But it's also too, these

10:55

78 records that they made with Frank Sinatra, someone

10:57

had to front the money for the recording. Someone

10:59

had to pay the technician and pay the artist

11:01

and pay for the physical copy to be made

11:05

in hopes that in the back end they'll make some of that

11:07

money back. And if we just lit

11:09

it out there for everyone to get for free. Well,

11:11

but, and right, the other side of the argument is

11:13

that no one would hear it in the other...

11:16

There's so many sides. Right.

11:19

Yeah. Has this made you rethink trying

11:22

to get around paywalls yourself? Absolutely.

11:24

Yeah. It really does.

11:26

I was sitting there and going, You're feeling

11:28

bad? There's someone at the Atlantic who's may

11:31

lose their job because when they do the

11:33

quarterly report there's not enough subscribers and they

11:35

need to downsize. Yeah. It's

11:38

real. A lot of sites do have, you

11:42

get the thing that looks like a paywall. A lot of

11:44

them though are make a free account and you get at

11:46

least a certain number of articles. So that is a way

11:48

to support sites if even if you can't pay for it

11:50

or don't want to pay for it, maybe it's not something

11:52

you go to all the time. If you make an account,

11:54

that's at least something, right? Because they

11:56

can sell your information and they're going to

11:58

make money off of that. Well, sure. Use

12:00

your fake email. I don't care. I'm trying

12:02

to think of it in big picture though

12:04

like my favorite director is Quentin Tarantino And

12:07

I make it a point to go to

12:09

the theaters to watch Quentin Tarantino movies Sure

12:11

Because I know success is judged based on

12:13

box office numbers And I love

12:15

his art and I want him to continue to

12:17

be able to make that art and so I

12:19

happily give over my money So

12:22

am I being hypocritical because I

12:24

love Quentin Tarantino I'll pay him, but

12:26

I just wanted to see if Apple

12:28

is building a sports app, so I

12:30

wouldn't pay the Atlantic Yes, I am

12:32

I absolutely am you are yeah, and

12:34

it's oh man. I feel like we've

12:36

talked about this for two hours There's so

12:38

much here. It's weird. It's weird how

12:40

I see absolutely both sides of it

12:43

I say absolutely the record companies and

12:45

the publishers are correct Also,

12:47

the Internet Archive is really cool, and they

12:50

have a bigger purpose than just being Napster

12:53

Absolutely yeah, and all of this stuff, so I

12:56

don't know I don't have an answer I know I'm doing

12:58

the same thing the Atlantic did I asked a question that

13:00

doesn't have an answer But I

13:02

thought it was interesting. Where are you at? I

13:04

would love to know to what other people think about this

13:06

Yeah, you know like if you have an opinion on this

13:08

do you try to get around paywall? Do you feel bad

13:10

about it, or are you like no way everyone just wants

13:13

my money? How could they possibly tell us

13:15

that answer? Oh they could comment on the video

13:17

right below? I always want to do

13:19

that on a video right there right below unless is there

13:21

a website? Where the comments are this way in

13:24

any new direct? No, I think it's always right below

13:26

always below It's always right below drop us a comment.

13:28

We're gonna be Maddie's upstairs. She's collecting all those comments

13:30

We're gonna read them in the final segment of the

13:32

show. What do you have first? Crazy

13:36

every website right now every news website like

13:38

one of the top stories Are we

13:40

back to the time? We're

13:42

on my for you page on tick-tock every

13:45

third video is gonna be telling me to

13:47

buy waffle coins and poo-poo coins Actually,

13:50

unfortunately we are there we're gonna do that

13:52

in the act Alright,

14:00

Kim Kommando. Today, Kim Kommando is in

14:02

Japan. I'm gonna say right now she's

14:04

probably Surrounded

14:07

by Hello Kitty dolls eating an

14:09

entire bowl of sushi Yeah,

14:12

a bowl of sushi. Yeah a

14:14

whole bowl. Classic. Because everyone knows

14:16

she serves in bowls in Japan.

14:18

Yes, little known fact. Thanks

14:20

for joining. I'm Andrew Bovinsky. Allie is

14:22

with me all week. We're filling in

14:24

for Kim Thank you so much for

14:26

listening and watching. We're streaming on YouTube,

14:28

Facebook, Rumble anywhere

14:31

else Everywhere that you can watch

14:33

a video. Oh, okay everywhere else if

14:35

you like Please could like

14:37

share comment on the video. It really helps us

14:39

out We want to keep this going we want

14:41

to build this as big as we possibly can

14:43

so you can enjoy it share it though You

14:45

like this show don't you you're enjoying it I

14:47

mean maybe a little less because kids out here,

14:49

but you're enjoying it So share with some of

14:51

you know so we can keep doing that's an

14:53

extra reason to share Kim needs to

14:55

have faith in us while she's gone. That's true. Share

14:57

away. Let's get these views high So she's like, yeah,

15:00

we need her to come back and say I'm not needed

15:03

No, we need her to be proud of the 18. Gosh What

15:07

do we got? Crypto you know me back in

15:09

2020-2021 Kim used to call me the crypto queen

15:14

Okay, of course she did right so I would do

15:17

segments on the radio show about crypto when it was

15:19

going totally crazy bonkers That's what I got

15:21

into it when it was bonkers bonkers No,

15:24

I didn't I I think Bitcoin

15:27

was in the High 20s

15:29

Wow 28,000

15:31

range when I bought it and it got all the way up to 60 69 yeah,

15:35

and then all the Millionaires

15:37

and billionaires were saying well just keep that in your

15:39

pocket You're gonna be rich in about a week and

15:41

a half and then it Went

15:44

through the bottom, but I also bought a bunch

15:46

of unique coins so many coins that

15:48

I don't even know what they were called To

15:51

find my wallets that they're sitting in. Oh,

15:53

you know what sell it. I can probably

15:55

help you later Okay, bring your laptop or

15:57

whatever you do. I did it on a

15:59

playschool of those things where you spin it

16:01

and does noises with animals like the cow

16:03

says. Yes, I can show you the combination.

16:05

It's like chicken, chicken. Well, I have. We'll

16:08

do it off the air. Here's how pathetic it is.

16:10

I have the passwords. I just don't

16:12

know the name of the coin. It's

16:15

awful. That's great. But to be fair,

16:17

it's worthless. So it really doesn't matter.

16:19

Not all of it is worthless. So Bitcoin at

16:21

its peak was at like $69,000 for one Bitcoin. It

16:26

might hit an all-time high again. It's at 67 right now.

16:29

It's pushing it. Why is it back?

16:31

It's stronger than ever. A big

16:34

part of it is because the spot EFTs

16:36

got approved by the government. So that means any

16:39

person, you don't have to get into the crypto

16:41

world, make a wallet, use

16:44

the blockchain, all that stuff. You can

16:46

just do it through regular stock trading. So it

16:49

is part of regular portfolio. But

16:51

if that's the case, then it's not crypto

16:53

anymore. It's just a regular investment. That's

16:55

what spot EFT is a little strange. Spot EFT is

16:58

essentially like the value.

17:00

It's like value for value. So it represents

17:02

the Bitcoin. It's not actual Bitcoin, but you

17:04

make the money on what the value of

17:07

Bitcoin is. Right. But correct me if I'm

17:09

wrong, for the value of Bitcoin to go

17:11

up, we need it all to be mined

17:13

until we get to the end and there's no

17:16

more Bitcoin. That's how we're all going to be

17:18

gazillionaires. Well, the other thing that changes the

17:20

value is, have you ever heard this term? It's

17:22

called the housing. Of course I

17:24

have, but you can explain it to

17:26

everyone else. I really appreciate it. So it's

17:29

baked into the code of Bitcoin around every four

17:31

years. The amount as so if

17:33

you're a Bitcoin miner right now, you get

17:35

a specific amount if you mine

17:37

one of the blocks. Every four years,

17:39

that gets cut in half. So this

17:42

is kind of what keeps it from, I

17:44

guess you can think of that, think of

17:46

it like inflation. So from over inflating. So

17:48

it gets a little bit harder until all

17:50

the Bitcoin is mined. Like you said, there

17:53

is a finite amount. I think it's 21

17:55

million Bitcoin probably won't happen until like 2140

17:57

or so, which is right. around

18:00

the corner. Sure. Yeah. Start planning.

18:03

But Bitcoin price is going crazy. Like

18:06

I said, almost at the all time high. And almost

18:08

always when one of the big coins like

18:10

Bitcoin or Ethereum is going crazy, the

18:13

meme coins go crazy. These are the ones

18:15

you probably know Dogecoin. Right

18:18

now the big ones are Bonk, which

18:20

is the one I found. You mean the one

18:22

that was just given to you? Yeah. Really?

18:24

Yeah. But now it's the same structure

18:27

as it was during the pandemic where

18:29

it's all around social media. It's all

18:31

around the hype. And there's really no

18:33

tech backing up the coin. It's just

18:35

talk of tech. Yes. Yes. So these

18:38

ones. Oh, yeah. These meme coins generally lose like

18:40

80% of the value, like almost all of them.

18:42

Right. These are really the hype coins. These are

18:44

people getting in trying to make money. So hey,

18:47

can I put in 100 bucks and turn it

18:49

into 100,000 because it's worth it

18:52

for people to take the bet. Right. Unless

18:55

you're the person at the end, right? You bought in

18:57

at the top. Right. Yeah. So these are

18:59

risky. I would say it's a

19:01

dangerous place to put your money. It's

19:04

almost always the like, whoa, glad I did that

19:06

weird thing. And now I made a ton of

19:08

money. When are you going to bounce your Bonk? I'm

19:11

holding onto the Bonk. I so meme coins

19:13

are kind of weird. Like Bitcoin,

19:15

it's worth 69,000 for one, right? These coins are generally

19:18

worth like 0.0000. I

19:20

think if it loses a zero,

19:23

I'm gonna I'm gonna get out.

19:25

Just one zero? Yeah. And that's enough. How

19:27

about pancake house? I know I have now

19:29

I just realized I'm thinking I have pancake

19:31

coins. Are they worth billion dollars yet? I

19:33

don't think so. No, no. Flocky and

19:35

Pepe are the other ones. They're up like

19:38

500%. Those have been around for a while, though. At least

19:40

Pepe has. Yeah. Yeah. So

19:44

yeah, I wouldn't say go spend all

19:46

your money. But again, we gave us a reminder before

19:48

we should get into your wallet and anybody else like

19:50

if you have a crypto wallet, there

19:52

might be some money in there that just kind of

19:54

like popped up overnight, which is pretty cool. But you

19:56

said last week that if you have a coinbase wallet

19:59

or one of the big companies, you're not

20:01

gonna get the freebie stuff. It's just going

20:03

to be. Correct, yeah. But maybe you had, you

20:05

know, if you had bought some of this and forgot about

20:07

it. I think, you know, a few years ago, a lot

20:09

of people did that. It was just like, oh sure, this

20:11

is five cents. I'll buy a bunch. And

20:14

now you might be like a bonkin' heir. I

20:16

have like four wallets out there. Okay. I

20:19

don't know what coins are in them. Okay. No idea

20:21

how to search it. I have a pretty

20:23

good guess, just based on what the big ones

20:25

are, what the wallets might be. Oh, we can

20:27

reverse engineer and search? All right, cancel the podcast.

20:29

We're gonna go see if I am a millionaire.

20:32

No, Mr. Stu down here. So everyone, do you

20:34

see everything for us? I do. Good.

20:37

Dog. Biscuit. All

20:40

right, on the other side, the

20:42

Glasgow, Willy Wonka. Oh, can't feel

20:44

Wonka. Sorry. The Glasgow,

20:46

Scotland, Willy, and the

20:48

Chocolate Factory experience. This episode is

20:50

brought to you by Kia's first

20:52

three-roll, all-electric SUV,

20:55

the Kia EV9, with available

20:57

all-wheel drive This episode

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the next visit keya.com/eighty Nine to learn

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availability know system no matter how advanced

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can compensate for our driver error and

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or driving conditions, always drive safely. This

21:29

is Kim Commando today, minus Kim Commando.

21:32

So it's just today. Is this a

21:34

today show? Are we doing the today

21:36

show? This is phenomenal. Cool.

21:38

I finally made it. No Kim is actually in

21:40

Japan. She's gonna be in Japan for the entire

21:42

week. The A team's here. Andrew

21:44

and Allie, we're filling in for

21:46

the entire week and those amazing,

21:48

expensive, comfortable shoes of Kim

21:51

Commandos. And we appreciate

21:53

you joining us. We do live stream

21:55

this on the internet video in video

21:57

form. We started at 10.30 on the west coast.

21:59

1.30 on the east coast. East Coast, we're on YouTube, Facebook.

22:01

If you're watching us there right now, but

22:03

you're like, this is my day off, I'm

22:05

not going to be able to, you can

22:07

always take us with as podcast forum, wherever

22:09

you get your podcast. You know

22:11

where you get your podcasts. I don't have to tell you.

22:14

The Kim Comando Today podcast is there.

22:16

Also the Kim Comando Show, which is

22:18

a totally different podcast. It's Kim Comando's

22:20

huge show on 400 stations. She

22:23

posts on the podcast as well. You can download

22:25

that and we would really

22:27

appreciate it. Also try the newsletter. Oh

22:30

my gosh, getkim.com. We have

22:32

all kinds of smart stuff. If you like this podcast, you're

22:35

going to like it. It's just a podcast and newsletter form.

22:37

Kind of, but like different content, which is

22:39

pretty cool. You get extra smarts. And

22:42

it's one newsletter a day. One

22:44

newsletter a day takes you five minutes or

22:46

so to read through. That's it? I

22:48

have five minutes. Then why haven't you?

22:51

I haven't figured out how to get around the paywall and

22:53

we all know. It's a free newsletter.

22:55

Don't listen. This is misinformation.

22:57

Do not. That's why I haven't signed up

22:59

yet. I need a paywall to then want

23:01

to overcome so that I can get the

23:03

information for free. Yeah, kim.com lands in

23:05

your inbox every morning. It's a great email. So

23:08

in Glasgow, Scotland, I'm sure you saw this,

23:10

right? No. You did

23:12

not see the Willie, can't say Wonka because

23:14

they didn't pay for it. The

23:17

Willie's chocolate experience. Yeah,

23:19

that doesn't sound really sketchy. So here,

23:21

let me pull up my phone so

23:23

I can read to you how it

23:25

was described on the internet. It was

23:27

from a company that is called the

23:29

Illuminati or something. And they

23:31

put together these experiences and

23:33

it's get ready to embark on a

23:36

journey into a world where dreams taste

23:38

like chocolate. As we

23:40

approach much anticipated Willie and

23:42

the Chocolate Factory experience, let's

23:45

explore a celebration of sweetness

23:47

and imagination. It's not just

23:49

an event. It's a celebration

23:51

of chocolate in all its delightful

23:53

forms. So far, I have no idea what

23:56

this is. So basically, it's supposed

23:58

to be like this immersive experience. that

24:00

all centers around Willy Wonka and the Chocolate Factory.

24:02

Am I gonna get dunked in chocolate? 850 people

24:04

bought tickets at $44 apiece. They

24:11

wanted to get dunked, okay. The day

24:14

of the event, and it was

24:16

advertised with all of these AI-generated

24:18

images, the day of the

24:20

event, there was a line around the building. Families,

24:24

children, the young, the old.

24:26

Ready to get immersed. Yearning.

24:28

For chocolate. The Willy

24:31

Wonka chocolate experience. No Wonka. And

24:33

this is what they got. They

24:36

got that sad Oompa Loompa standing

24:38

behind a table. They

24:41

got basically black

24:43

curtains separating a big old

24:45

room. There was a couple

24:48

of, there's the entrance to

24:50

the Willy Wonka Chocolate Factory. If you're looking

24:52

on the podcast, it's about four

24:54

purple lights and a generic factory. It

24:56

doesn't even say Willy Wonka or anything.

24:59

They have a sign stapled to a

25:01

wall. I think we could set up something

25:03

better here in the studio within an hour. If you

25:05

put any effort into it, you could set

25:07

up something. Ooh, they've got a big

25:09

rainbow display. The children were supposed to

25:12

be able to go into the... Think

25:14

of the child. ... jelly bean room,

25:16

which was fully immersed experience of jelly

25:18

beans. Honest to God,

25:20

they had so little jelly beans, each

25:22

child got three. You

25:25

might as well not give jelly beans. That's awful. They

25:28

had to ration them. They were supposed to

25:30

be candies given away. Nobody had anything. The

25:32

guy who put it together, his

25:35

name was Bill Cool. Not

25:37

kidding. Not cool, Bill. The

25:40

night before, he had an AI-generated

25:42

15-page script that he handed

25:44

his workers and expected them

25:46

to memorize and perform the

25:49

day of the experience. This is like

25:51

Fire Festival, but make it Wonka. It absolutely is

25:53

being connected to the Fire Fest.

25:56

The employees, they tried. They tried their best.

25:59

There's videos... of people trying to entertain kids

26:01

in front of a photocopied

26:03

picture of a candy bar. This

26:06

would have been so uncomfortable. Can you

26:08

imagine? It's heartbreaking what happened. Everybody

26:11

started getting upset. Everyone started complaining

26:13

because $44. I mean, think about a

26:15

family of four that is so expensive.

26:17

Yeah. Three hours in, the

26:19

employees gave up. They just walked. They

26:21

didn't know what to do. Was Bill Cool there? He wasn't

26:24

there. Okay. So

26:26

the update is... He was counting us. ...a lot

26:28

more about Bill Cool and that this

26:30

isn't his first rodeo. He's

26:32

done this before. Is it his real name? It

26:34

is his real name. During the

26:37

pandemic, he started a pandemic charity to

26:39

where he was collecting government grants and

26:42

community donations to help people who couldn't

26:44

work or couldn't support themselves during COVID.

26:47

Sounds great. Disappeared with all the money.

26:49

Oh, good. Okay. Then

26:52

he opened a business consulting company where

26:54

he said he had two... No, one

26:56

MBA and three PhDs. And

26:59

one of the PhDs was in business

27:01

ethics. I'm not kidding. Bill.

27:04

He also currently has 17

27:06

novels that he's written.

27:09

They're AI? That he's selling on the internet

27:11

that he wrote in one year. Okay. He

27:14

must be S. Scott Fitzgerald to write 17

27:16

novels in one year. That's insane. We

27:18

need to get one of these and perhaps read an

27:20

excerpt this week. I don't know how long they're

27:22

going to be up there because the internet found

27:24

out that instead of giving money to charity or

27:27

helping the community, whatever this Willy Wonka chocolate experience

27:29

was supposed to do, he was

27:31

funding his dream wedding in Turkey. Bill.

27:34

So every time Bill needs some cash, he

27:37

comes up with a new scheme. He's a

27:39

scammer. He's a scammer and a scammer. Big

27:41

scammer, scammer. He actually ran for city council

27:43

in his... Where does

27:45

he live? Village in Scottsdale? Okay. Not

27:48

Scottsdale. Scotland. Okay. A

27:51

bit different. When he put out his

27:53

flyers that he was running for council,

27:55

he misspelled the name of his own

27:57

city because he had AI generate everything.

28:00

generated the scripts, they generated all of

28:02

his novels, they generated his business website,

28:04

they generated the images to sell the

28:06

Willy, can't say Wonka,

28:08

chocolate experience. The

28:10

internet has found out that he's supposed to have a dream wedding

28:13

in Turkey and that

28:15

the money from the Willy Wonka chocolate

28:17

experience, can't say Wonka, was

28:20

supposed to fund this wedding. Wayne, can you

28:22

believe that? Thank you. He has not

28:24

paid a single employee yet. Oh, sure.

28:27

He also said he's refunding every single

28:29

ticket, hasn't refunded them yet. But

28:31

the wedding's off. The

28:34

wedding's been canceled and he's left, he's moved

28:36

out. Wow. I don't know if he's on

28:38

the lamb or if just all

28:40

of the internet pressure surrounding his amazing

28:42

event has collapsed on top of him.

28:45

Or this is another scheme and he's pretending and

28:47

he's really good. Do you think? Could

28:49

have never been engaged to begin with. Right. If

28:52

he was, do you think that she knew he was such a

28:54

scammer? The business is

28:56

called the House of the Illuminati. So yes. I

28:59

would think. Maybe she's a scammer too. The wedding's on

29:01

the wall. The internet is all over this guy. But

29:04

they're also all over all of the employees.

29:07

The employees are being made fun of. They

29:09

are being ridiculed. They are being attacked on

29:11

social media. I mean, that stinks. This just

29:14

seems like people who wanted to make some money and needed a job.

29:16

And they're coming out and they're telling the story saying, we

29:18

weren't part of this. We were just hired. The

29:21

guy who played Willie Johnson,

29:23

because you can't say Wonka, Willie

29:26

Johnson. Nope. You got

29:28

to say that. He came out and

29:31

he said basically this was a train wreck

29:33

from the beginning. That they

29:35

walked in there and they had no idea what

29:37

they thought. He sold them as much

29:40

as he sold the public on what this event was going to

29:42

be like. Yeah. I don't think you

29:44

can be really against these employees unless you're willing

29:46

to say every person who bought a ticket

29:48

to this is also an idiot. Like clearly

29:50

this guy's schemes work well enough to fool

29:52

people. Well, yeah. When you use

29:54

AI genera- now that's all the other point.

29:56

Is there people on saying that AI should

29:59

be regulated and it should not be regulated?

30:01

available to the public because you can do

30:03

more bad than good when it comes to

30:05

this. I don't know like schemer is

30:07

gonna scheme and Bill Cool I

30:09

don't know 30 years ago would have been

30:11

scheming he wouldn't have had this tool but he would have

30:13

found the way like this just makes it a little bit

30:16

easier sure but I mean there's a lot of good. But

30:18

it does allow you to do it

30:20

on multiple levels at a much bigger

30:22

scale. I feel like we

30:24

could say this with any technology. Do you

30:26

think though you would ever be fooled

30:29

if you saw the AI images of

30:31

what Willie Wonka Willie Johnson's

30:34

chocolate experience is gonna look like that

30:36

you would buy pay $44 for a

30:38

ticket and take your family. I

30:41

don't know I mean so I

30:43

think there's a difference I think most of us

30:45

recognize that like okay this is a marketing image

30:47

maybe this isn't exactly what it looks like but

30:50

it sounds cool all the stuff looks really cool

30:52

like yeah I think people get

30:54

fooled by this. I mean definitely would have gotten rid

30:56

of away with it if it wasn't for the

30:58

power of the internet. Yeah and he probably is

31:01

going to get away with it he's not going

31:03

to pay anyone back and he's not going to

31:05

pay employee his employees because he's a crook. But

31:07

then he'll go to jail because this has gotten

31:09

global attention. Yeah yeah. But he's on the lam

31:12

he's not getting married in Turkey. Well

31:14

it's probably gonna be harder for him to continue

31:16

his scheming which is kind of the okay AI

31:18

made it easier the internet made it so that

31:20

this guy can't keep more of it. It's true.

31:23

But he'll be easy to catch. She's just the guy who's

31:25

gonna be followed by my girlfriend. This

31:56

requires gold for one year from first match must be by

31:58

rate for five years match on transfer subject additional and

32:00

conditions Robert at Financial LLC member SIPC. All

32:05

right, welcome back to Kim Commando

32:07

today. Minus Sans, I've

32:09

never used that. Sans Kim

32:11

Commando. She's in Japan. I'm

32:13

jealous. I'm so jealous. I mean, I'm normally

32:16

not a jealous person, but come on. If

32:18

one of my top would love

32:20

to go their destination. Is your number one? Maybe

32:23

for like, yeah, maybe. I mean,

32:25

it's great. It's not there's no bad number

32:27

one list of where you want to travel.

32:29

I don't have a formal number one. You need to.

32:32

But in this moment, yeah, because Kim

32:34

is there and I'm mad about it. It's not

32:37

fair. I'm going to pout about it. Allie

32:40

and I are here for the rest of the

32:42

week. We are of course streaming Kim Commando today

32:44

on Facebook. Thank you so much for watching and

32:46

thank you for like, commenting and

32:49

sharing. We have some comments.

32:51

We do. Liz says

32:53

the A-Team is doing an amazing show. Yeah,

32:56

thanks, Liz. And Liz, you're doing an

32:58

amazing job. As a commenter. Yes. And

33:00

a watcher and a friend. If it was

33:02

a bad comment, we wouldn't have read it.

33:04

But obviously, A plus. I mean, I'm probably

33:06

going to read a bad comment. No, our

33:09

viewers don't leave bad comments. All right, let's

33:11

be fair. The haze. Those

33:13

are bad comments. You know

33:15

what? I think no comment is a bad comment because

33:17

it tells the algorithm people are interacting. People

33:19

like this show. So even if you just drop a

33:22

hey or an emoji or whatever it is, you know,

33:24

we're probably not going to read it because not that

33:26

exciting. But it is good for the show. I stand

33:28

corrected. You're absolutely right. Comment. Hey. Hey,

33:31

Zach said, please send me some bunk crypto

33:33

Zach. I appreciate the audacity. I will not

33:35

be doing that. Share the bulk. Dear

33:39

pastor, I understand the basics of Bitcoin but

33:41

can't figure out mining. How can that happen

33:43

in the closed system? My

33:46

friend, I'm not going to explain this on this podcast because

33:48

it's too boring and too technical and nobody wants to hear

33:50

it. No, real quick, though. If

33:52

I'm sending you a Bitcoin, we need

33:54

someone to process it. That person is

33:57

processing it is a miner is a

33:59

Bitcoin. minor. Yes, that is

34:01

part of the miners. The miners are also the

34:03

people that discover the coins.

34:05

So there are that finite number we said

34:07

the 21 million, they all have

34:10

to be found to be in the system. So think about

34:12

it if there was like a

34:14

treasure chest, right, and you had to

34:16

find all the crypto. Well it is,

34:19

it's hidden in math. Yes, math. So

34:21

computers, really powerful computers are doing complex

34:23

math. Whoever can solve it the fastest

34:25

wins that coin. There

34:28

you go. I just explained Bitcoin

34:31

mining in one minute. Amazing.

34:36

Jackson Max said, wonder if Kim is in Japan

34:38

wearing high heels? I am sure. Absolutely. She's

34:40

not wearing hey dudes, we know that. God, do

34:42

you think she packed her hey dudes? I know

34:44

she didn't. She's giving them away. Oh,

34:46

that's true. Break time 101,

34:49

you really can't say Wonka anymore? Just

34:51

because this event is not a sanctioned

34:53

Wonka. The reason why we couldn't say Wonka

34:55

is because the guy wouldn't fork over the money to

34:57

pay for the Wonka copyright. Because it was all a

34:59

scam? Yes, it definitely was a scam. Yes. Lisa

35:02

C. Oh good, I just walk away from paywalls. The

35:04

information they charge for are not worth the fees, not

35:07

to mention they end up selling your data and also

35:09

make money off of my visit to their site. She

35:12

makes some good points here, one that you made too about the

35:14

information. I think there's just

35:16

also so many places to find stuff,

35:20

right? And most stories are

35:22

multiple places. They're putting a paywall

35:24

on everything though. We talked

35:27

about it last week, you're gonna have to have a

35:29

subscription to your printer. I hate that. I

35:32

thought it was so laughable that HP wants

35:34

to charge you $7 a month or whatever

35:36

it's going to be for 20 prints

35:39

on a printer. It's hilarious. Horrendous.

35:42

Arturo Torres. Arturo Torres.

35:45

Sorry, I couldn't do it. How will the

35:47

new AI search results work with copyright since

35:49

they're basically plagiarizing what they obtained from the

35:51

internet? That's a good question and

35:53

we don't know yet because this is the basis

35:55

of a lot of lawsuits against OpenAI. Yeah,

35:59

essentially they took... everything on the internet. That's

36:01

why the New York Times and lots of authors,

36:04

really, so many people are

36:06

suing because, hey, you took our stuff

36:08

to make your bot. So I don't

36:10

know. I hope as a publisher,

36:13

right? So here we publish content

36:15

on the internet. Yeah,

36:18

I think we should be compensated if our

36:21

original content is adding to those results. Do I

36:23

think it'll ever happen? Probably not. No,

36:26

no. Okay, one more. Oh, another

36:32

Arturo. I first heard about James Howells, the guy

36:34

who lost a hard drive of Bitcoin to the

36:36

dumpster that is worth like $4 million today. That

36:38

Bitcoin will be lost to land. This

36:40

story is nuts. Do you know this? No. This is

36:42

a guy from San Francisco who

36:44

had one last password attempt. Yeah. Unless

36:46

and if he got wrong, he's, but

36:49

I thought it was worth like billion.

36:51

It is worth billion. Okay, it might be

36:53

$4 billion. I don't know exactly, but it is

36:55

billions. Yeah, this guy

36:57

had Bitcoin that was on a drive. He encrypted

36:59

it. He lost the password.

37:01

He can't access it. So these Bitcoin could

37:03

just disappear. And that further

37:05

drives up the price, right? Because it's like

37:08

taken out of circulation. Right. Makes it

37:10

even more rare. Exactly. So on the

37:12

opposite, though, I have the passwords. I

37:14

just don't know where to put them. We're gonna find

37:16

it. And we're gonna do a big update for everyone.

37:18

After the, I have a question because

37:20

I don't want to, but there was a coin that was

37:22

backed by the founder of YouTube. It's

37:26

a video like, I think

37:28

we remember this, but I don't know what it was called. That

37:30

one I have a lot of money in. And if

37:33

you can figure that one out, I will

37:35

give you upwards of 1%. So

37:38

our last story of, it's

37:40

something. Okay. Our last

37:42

story today is the flying car. Ooh.

37:45

There, the FAA has

37:47

given a company to go ahead to

37:49

start testing their flying car. It's a

37:51

two passenger vehicle that can

37:54

go 110 miles

37:56

in the air. And all of their

37:58

promo and hype videos. show this

38:00

car driving on the highway. There's a

38:02

wreck ahead. It's animated. Trust me. There's

38:04

a wreck ahead and the car lifts

38:07

up off the ground, flies over the

38:09

semi truck and lands on the

38:11

other side. Yeah. The dream. Here's the

38:13

crazy part. 8,250 people have preordered

38:19

this vehicle that costs

38:21

$300,000. I mean, if you have

38:23

$300,000 to just burn, you're gonna,

38:29

yeah, flying car, sign me up day one.

38:31

So I'm reading this this morning.

38:33

I'm like, I can't believe this.

38:35

It's not going to be available

38:37

for years and people are forking

38:39

over $300,000. Wait, so they paid

38:41

the full amount. It's not just like a... No. 150 bucks. I'm

38:46

going to do it with

38:49

my mom. I'll get everyone

38:51

one. You imagine going in to

38:53

pay for a $300,000 car

38:56

there. What are we going to need to deposit? Okay. How much? $30,000,

38:58

$50,000. No, 150 bucks. Because

39:02

they're trying to get as much interest in this as

39:04

they can. Here's the thing though. I got to

39:06

give them credit is that you can pull your

39:08

name in the line at any time. Oh, nice.

39:10

You don't have to let it sit there for

39:12

a year. They're not taking your money and reinvesting

39:14

it. Yeah. If you decide at some point the

39:16

flying car is not just not for you. You

39:20

have a change of heart. You can just hit one

39:23

button on your account and they'll send your 150 bucks

39:25

back right away. If you had

39:27

$150,000, would you... No, but really,

39:31

would you drive one of these flying cars or

39:33

be a passenger in one? If money was not

39:35

an object, would you try it? Yeah. Theoretically, it's only

39:37

going to go 30 feet in the air. What? The

39:43

thought is to just get over traffic.

39:45

Huh. Okay. We have helicopters.

39:48

We already have flying cars,

39:50

right? Yes. Neil

39:52

deGrasse Tyson does this great thing on

39:54

the flying car. He says that

39:56

we already have flying cars because all you're trying

39:59

to do is... get to

40:01

travel in another dimension. And

40:03

we've already done that with tunnels and overpasses

40:05

and multi-lane highways. You know at one point

40:08

roads were just one going east, one going

40:10

west, and then as fast as you could

40:12

go would be behind the slowest

40:14

car on the road. Then we

40:16

widened them, that's another dimension. Then

40:19

we put overpasses, another dimension. Tunnels,

40:21

another dimension. Flying cars, we

40:23

already have flying cars because all you're trying

40:25

to do is travel. And the minute

40:27

we get real flying cars, we're just

40:29

gonna complain that the traffic above our head

40:32

is too much. Oh and then imagine

40:34

like you get in a crash in

40:36

the air. And then you land on

40:38

somebody. Your carburetor follows on someone standing in the

40:40

corner because you're 30 feet above. I

40:43

love the prospect of it, I think it's

40:45

cool. I love the future. As

40:47

a concept. Correct. I

40:50

don't think it's ever going to be a

40:52

reality. I think it will be a nice

40:54

niche, taxi cab thing. Maybe government vehicles will

40:56

be able to fly but nobody else. Well

40:58

they are working on the ones that are basically like you

41:01

go from the airport and it can take you home or it can

41:03

take you to different areas. And that got licensed as well. Yeah

41:05

and I think that's a really awesome use. Do I want like

41:09

you and everyone else having

41:12

their flying car, probably not. Flying above? Imagine

41:15

someone drops a drink and lands around

41:17

the top of your car. People are bad

41:20

drivers on the actual road. Imagine

41:22

them in the air, I don't wanna think

41:24

about it. It could be just two years away and if you wanna

41:26

be part of it, all it takes is 150 bucks. 150

41:29

bucks. Help Andrew when he finds

41:31

his YouTube coin. Oh yeah, when I

41:33

find that, I'll pay for one I'm never going

41:35

to. So I'll pay for one for everyone listening.

41:37

Everyone who commented, you're getting a flying car deposit

41:39

thanks to me. Thank you so much for being

41:41

here. We'll be back tomorrow. We will. 1030,

41:44

CIFFIC 130 on the East Coast. This

41:47

is Kim Kymando. This

41:50

program is a copyrighted production of

41:52

Westar Multimedia Entertainment and protected by

41:54

the copyright laws. Any rebroadcaster use

41:56

of this program for commercial, business,

41:58

economic or financial. without

42:00

the information of Westar Multimedia

42:03

Entertainment.

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