Episode Transcript
[00:00:00] Out of Cycle Update.
[00:00:03] No, I'm not suggesting we call him Dick The Boozer. CryptoTalk FM. My name is Leister. I'm your host again.
[00:00:10] There's so much content out here. I get the sense that it's like a fishing expedition. And I'm not doing a swag on Block Dag that rhymes. I'm not. I'm only responding to this gentleman's comments about said Block Dag. Because you know what sucks? There's so many out. I can tell just looking at him, I can tell he had very humble beginnings.
[00:00:38] He grew his platform and after he got to a level, he started being inspired by Coffee Zilla. You could tell because he's doing that zooming crap that Coffee Zilla kind of made famous.
[00:00:50] He started emulating all of these people that he finds to be the stars in the business. And I don't criticize his hustle.
[00:00:59] But now he's got a major platform. He's got crazy amounts of followers. He's got. He's got respect. I know that.
[00:01:07] So it's disappointing to me to see him use his platform in such a way that he could have. He could really have been a voice for the voiceless, to use the term Binance stuff commented on the channel. And I. I don't see that comment anymore. So I'm assuming it's either hidden or deleted.
[00:01:26] When I saw that happen, that pissed me off. That really bothered me because all Binance stuff asked was, do you still think it's a scam?
[00:01:37] And he said essentially what I echoed, which is that Binance stuff, doesn't he. At this point he's shifted a little bit where he's. He feels now he doesn't think. He thinks it started as a scam, but now it's just basically a poorly run project. I don't even know that I would go that extreme yet. But is it poorly run? Absolutely. Is it not a scam? I don't know that we can really say yet. So I'm still on the fence. And I said in response, I think something will launch. And I'm fascinated by what I'm seeing. Like, I think the both of us are that he is.
[00:02:13] He has come a little bit shifted towards the centrist view, although he's still skeptical, which I think is the perfect view for something like Block Day.
[00:02:25] He has not complete, like the absolute cuss out one. He has not gone to that extreme like he used to. And so Vos Coin has done. He's claimed, I've not watched his content, nor do I care to, but he's claimed that he's done copious different, you know, reviews of hardware, different things. And, and I'm not questioning it because I don't plan to go watch it. I'm simply going to comment on some of the stuff that he said.
[00:02:54] First he talked about how, you know, the miners and it looks like a router. I said, yes, it did. Absolutely. Nobody can dispute what that was.
[00:03:04] We have to flip back though, and understand that a lot of times these companies that don't have a product, they'll just simply make something up. Okay, this is like a concept. It's called wireframing. In some, in some industries you're just making something up that's kind of a visual, putting a visual on it. Then he overlaid the fact that existing hardware, same hardware is what blocked that is putting out with a vinyl wrap on it. I don't see that as a negative because in the vast majority of cases, a lot of these mining machines are rebrands, OEMs. This is a common thing in the business. So perhaps Vosk doesn't know that. But I'm not going to fault them simply because they put their own brand on hardware that was already preexisting. It could been they could have created some agreement to do that. We don't know.
[00:03:50] And the thing I'm critical of him about is at no point did he say what I think he should have said, which is this is known hardware. That's a fact. You can see it in the images. This is hardware that is trustworthy, as in what it was. That's fair. Call that out and say this is known trustworthy hardware. So if, if that's. If so, you're talking in conditionals. If this is what they're going to launch, there's no concern about the reliability per se of the hardware. There's known power consumption. To me, these are valuable traits that he should have used his platform to emphasize about what we see.
[00:04:32] Then he should cover his ass. Like I told believes, cover your ass and say, we don't know what they're going to launch. We're going off what they showed us.
[00:04:41] I'm a little bit skeptical because X, Y, that's fair. But we don't know what they're going to really launch. We don't know what's going to show up. We don't know what it really is going to be. If it's going to be. This is trustworthy hardware. And perhaps Vosk doesn't understand that. Yes, there could have been some Sort of OEM agreement that could have been some sort of resale agreement. We don't know. Okay.
[00:05:03] It's not unusual. Unusual. We don't know. But it's not unusual to think that it might be the case. We're not doing that to defend them. We're doing that to give them a fair chance to fall on their sword or fall on their shield. We have to do that because let's again. And I called this out in my response that was allegedly deleted or muted.
[00:05:26] And I'm going to say that here. That's why I want to put out an episode this weekend.
[00:05:30] PI Network was called a scam for years.
[00:05:34] Never going to launch. It's never going to be a thing. They did a pre sale like crazy. They did a bunch of hype and marketing like crazy. To the point I got dropped a bunch of scam tokens around PI network. That was 2022.
[00:05:49] That. That was sitting in my wallet. I still have the things. I was watching it like why is this here? And is it connected to the upcoming PI Network? So my point is PI Network is the same garbage. It was out for ages in. In chatter. It was out for ages. And then all of a sudden they're getting close to saying, we're going to launch the Bybit CEO. The Bybit CEO came out and to this day swears that PI Network is a scam that scams elderly people.
[00:06:19] PI Network launched, okay? PI Network is still around. It never shut down. PI Network never got on all the exchanges they claimed, but they did get on a lot of freaking exchanges.
[00:06:32] I'm not saying that Block DAG will do the same thing. I'm saying that there's precedent. PI Network did it. Dogechain freaking did it. Dogechain is still a thing.
[00:06:43] Nobody needed it. Nobody used it. It's still a thing. Shido in you is still a thing.
[00:06:48] There are countless examples. Freaking sign a chain coin, which is now the resurcrat that's scamming you.
[00:06:56] Just because it's a scam doesn't mean you can't make money. And just because you make money doesn't make it not a scam. Which I want people to understand.
[00:07:05] There's one basic measure we have to think about with this.
[00:07:10] Does the damn thing launch? We need to answer that question. And nobody can answer the question. In Vosk doesn't have a viable answer either because he doesn't know. It's fine not to know. Use your platform to fairly say I don't know what this is going to be.
[00:07:27] And Then call out the red flags properly that you see, but call them out fair. The hardware appears to be known hardware. Maybe they rebranded it. Maybe they OEM it. Da da da da, da, da da.
[00:07:39] Here's where I think Voss got it right and why I'm coming at him. Because he had smatterings of good information buried amongst bullshit.
[00:07:50] He called out that there were certain exchanges on some of the. There was like slides or whatever, and they were talking about what they were doing. And they had certain exchanges on the side.
[00:08:04] Here's the thing, they've made multiple missteps around exchanges.
[00:08:11] Putting the name of the exchange. And he called this out partially, but putting the name of the exchange gives the impression you're guaranteeing you're going to launch on said exchange.
[00:08:22] These changes don't like when you do that.
[00:08:25] So it's possible.
[00:08:27] It's possible that they screwed themselves early on with getting something and then improperly announcing it and then screwing themselves. That is absolutely possible.
[00:08:40] We can't hold and say you said it's going to be on that and it didn't launch.
[00:08:45] No, because you said yourself, dude.
[00:08:48] So this is going back to where you're trying to do fair analysis about this.
[00:08:54] It's possible that. No, they didn't lie, that they did. They fucked up. Right? They put it out and they were not supposed to. And since they did, the exchange yanked it, and we don't know that's what likely happened.
[00:09:11] Think about why that's likely the case.
[00:09:14] Look at what happened on this whole June 13th chaos.
[00:09:19] A launch reveal. 20 exchanges, you get five.
[00:09:24] Okay. It's possible they got told, you're not announcing this.
[00:09:30] Do not, you will not, cannot.
[00:09:34] And they had to back off. But they're just kind of going forward. They're not even talking about it. They're not addressing it, which is making people sketchy and nervous, especially because allegedly people are getting banned in the Telescam. Now, of course I'm telling people to avoid Telescam. That's a separate thing.
[00:09:51] He called out some of the algorithm stuff.
[00:09:55] He called and he was talking about some of the early marketing, which that's. This is an older stuff.
[00:10:00] He called out some of the older marketing I don't see, because I wasn't going to look that he has addressed this. But in the older marketing, Block Dag was making claims that their miner machine was going to be able to mine Bitcoin and Casper. Along with Block Dag, I had a back and forth with somebody on YouTube who said, it's impossible. You're not going to do that with that algorithm. You can't, it's not possible. Casper's on, I think it's K heavy hash and Bitcoin's over here. You can't, it's impossible. I said here's this site. And because what I'm doing is I'm trying to get people to get into dialogue, conversation, think it through.
[00:10:37] We're not saying yes, we're not saying no on my end. We're saying let's have a conversation.
[00:10:43] Here's a site that has been around for ages that makes the claim that you could do this kind of mining, referring to multiple algorithms on the same device. This device seems to claim that you can theoretically mine Casper and Bitcoin, etc.
[00:11:03] And he's just arguing. It's like, how about you go to the site? He then eventually goes to the site, he comes back and he says oh, that's just marketing. This was not a marketing site. This is a technical site that does analysis around the hardware and the capabilities of the hardware. The fault, the flaw, the fallacy. And Vosk has this same.
[00:11:24] They're going off of current known state, current known capabilities and ignoring the theoretical because it is not put into practice.
[00:11:34] You can't, because it. Okay, if it's theoretically possible, that means it's worth investigating. And all I'm saying is maybe that's what they did.
[00:11:44] Maybe they decided to go after something experimental. Maybe they were successful at doing it. All you got to do then is call them out on it and say as of what we know right now, such a thing is not possible. We can even say nobody solved that problem because of abc. All that's fair, but let them. They made the claim, they put it up on the site. They put millions and billions of dollars behind the claim.
[00:12:10] Let them launch something, then test them, hold them to it.
[00:12:15] All these people that are just naysaying it without just letting them fall on their sword or their shield. Because at the end of the day, Dogechain freaking launch. Cytochain COIN freaking launch. PI Network freaking launch. ICP freaking launch. World Coin freaking launch. Countless things freaking launched.
[00:12:35] So there to me, Block DAG has a two, two simple things that they have to achieve in order to not be effectively a scam. Because the bar has been lowered. And that's what I'm trying to get people to understand, the bar has been lowered.
[00:12:53] Number one, you have to launch.
[00:12:56] Number two, no funds lock up. There's going to be some partial lockup. I'm talking a permanent funds lockup if they don't have a funds lockup and they launch a blockchain, you know the block that they launch that business and they do not have a funds lockup. What I'd love, which I know I won't get, but what I'd love is for all of those jacks who were over there naysaying, without giving them a chance to sink or swim, to come out and say, we got it wrong, we were too close minded, we didn't give it a shot. Because here's the thing. You've never heard leister@CryptoTalkt FM say that that is or isn't a scam. You heard Leicester say, I have no fucking idea. You heard Lester say, I ordered an X30, so we'll see if the damn thing shows up. You heard Lester say, I'm going to test that machine and I'll know for sure.
[00:13:48] That's what you heard me say. Okay? Because that's what you're supposed to do for people listening to. And again, I don't have anywhere near the coverage, listener coverage of a VOS or Binance stuff or any of them. I've not advertised it to that degree. I'm not pushing that. I'm saying you guys have larger platforms and you have a responsibility to the truth.
[00:14:12] You can go off what you think is the truth, but you need to blend that in there with the things you don't know. There's things you don't know. You don't know what they are or are not doing. You're going off what they're claiming, which we've already proven was faulty.
[00:14:27] Call them out for faulty claims.
[00:14:29] But if you don't know it's faulty, you can't.
[00:14:32] You don't know that they did or didn't have a conversation with the exchanges and got their wrist slapped. Boom. And so they had to yank that later and just didn't talk about it. You don't know that they did or didn't have an OEM agreement with these to have their wrap deal. You don't know. You don't know what they're doing with the algorithms, really. Because you yourself said, Voss, that they didn't send you a unit. First of all, I don't think they should send you a unit for free. I think you should buy it like everybody else and then wait for it to arrive like everybody else. Stand in line like everybody else and say what? Like Leister's doing at crypto. Talk to them. Just say, you know what? I'm gonna buy it. I'm gonna buy that thing and I'm gonna see what happens because I know you have enough money where you could just simply put your money where your mouth is. Right? Like I am doing. I put in at the time. It's 400 bucks. Fine, whatever. I'll do that. Because I want my listeners to have it's. It's fair. Shake. They didn't pay me nothing. They. They're not. I'm not advertising for them. I'm not bigging them up. I just want to give them a fair chance to sink or swim, that's all. And the reason I'm so adamant that we gotta do it here.
[00:15:43] Binance stuff made a good point.
[00:15:45] He made a good point. There's so much money collected, allegedly, it's almost unthinkable for them. And, and, and the names and the faces and we're not talking fake people here. Anthony Turner himself, Dr. Hurley. Dr. Hurley has a freaking Wikipedia page. Brown University, crazy credentials. He's written books. He's legit. He's been on video. He's on their channel.
[00:16:08] Some of this you can't. Okay, you. You can be skeptical. I want you to be skeptical. I also want you to be realistic. There's stuff you don't know. There's stuff we don't know.
[00:16:20] You shouldn't just naysay the unknown. Let them sink or swim. Let them prove it out. I don't even think it's a problem if somebody bought into the pre sale. Because if you only put throwaway money, that's what we tell people. We should be telling people all the time, make sure it's money you can afford to lose. And then who cares? Maybe you do win, but it's money you could afford to lose and it's whatever, right? But suggest it does launch. Suggest it does go crazy. Look at what the hype is doing to the damn thing.
[00:16:48] It's amazing what could happen. It could be life changing for certain people. I just said the funds lock up is a real risk because that's what pre sales usually do.
[00:16:59] They lock up your funds.
[00:17:01] The fact that I had another YouTuber, he's like, well, they accept credit cards. That's not normal. Yes, it is. What are you talking about?
[00:17:07] What the hell are you talking about?
[00:17:09] Is it common? No, but pink scam does it. What are we talking about here? So at the end of the day, I think Vosk is a. I. I can tell he's a nice young man. I'm not criticizing him as a person. I'm saying that you have a Platform where you should do a better job of sharing information and distilling and separating your personal feelings about something from what you don't know. If you don't know, call it out. Don't try to come across like a perfect expert. None of us are. With something where you know, you don't know, you know, you don't know. You don't know what's going on in their stuff. You're going off what they're claiming. They've already made significant missteps in what they've claimed. So have many other projects that actually did launch. And in some of those cases, people took a risk, they gambled, they rolled their dice and they struck it big. And that's what it's about. Okay, this is not to suggest that people should throw crazy amounts of money at it. If it's throw away money and you're looking for something that might go somewhere, Block Dag might be it because PI was it because World Coin was it as much as these are garbage projects, as much as ICP was it like countless, countless projects that did that leash and so on, that you didn't expect anything from it, and they turned into something.
[00:18:34] We also have to look, and this is my clothes.
[00:18:37] We also have to look at what's going on at the wide scale. Solaxi is getting the hype now.
[00:18:46] Are we suggesting that Solaxi somehow is legit simply because they didn't claim to do a bunch of algorithms and a bunch of mining and a bunch of daggers? It's a garbage. It's literally a garbage Solana based copy of what Dogechain did. That's all it is. And yet I don't hear people, significant people, calling that a scam. We gotta be consistent here, because if you. I'm telling you from direct evidence, okay, Block Dag set up an actual enterprise level help desk software. I used it because I was testing them. See, I. I'm taking the stance of testing them.
[00:19:23] This is a help desk. You put in a ticket on a regular website, like regular human beings do. You get a response from an actual human with actual instructions. And these are not. This was not AI in the response. It was actually a human that typed the response back. Because I'm a technologist, I can sense the difference on what I see. And the question I asked, I got a response back. The ticket closed. It came back and said if there's any additional help, that's an. That's an automated response. That's fine.
[00:19:51] The point is there's no other crypto out there that has an actual enterprise level help desk to help you with stuff. This is not. This is. They've for whatever they're going to do, they've put money in this as. As a result, I am willing to let them sink or swim.
[00:20:07] And the thing is, if people like you and me and Binance stuff and others call out negatives and they actually course correct based on our critical feedback, how can that not be good for everybody else? That's the other piece. I'm looking at it like I don't like the astronauts and shit. I don't. But they're gonna do it because they want to get a bunch of stuff. I don't like the bonus stuff. I think the code stuff is crazy. There's all sorts of stuff I don't like. But they're just gonna do those because they're trying to get as many tokens sold. I got it. That's why I said they're gonna probably do a burn mechanic because they're not gonna read the number that I think they are. There's no way. I don't see it. I don't see it. By October, unless they get some VCs in, I don't see it's going to happen.
[00:20:51] But I'm willing to let them sink or swim. Fall on your sword. You. You made a lot of claims here, dude. And you put yourself out there and you put names out there, you put faces out there. You exposed a lot of people on this business.
[00:21:06] Okay? Now I want to let you sink or swim. I also am curious how it's perceived.
[00:21:14] If it does wreck, right? If it does go south, okay, it's squid game level. I want to see what happens. What's the fallout? What happens as a result of that? Or do we just keep on pushing on and more people get wrecked on this garbage known as slack? See, that's the real question. That's my fascination.
[00:21:34] It's going to be something or it's going to be nothing. And if it's something, it could be life changing for some people.
[00:21:43] If it's nothing, we have to look, okay?
[00:21:47] Are people smarter now? That's all it is. We just dust it under the rug.
[00:21:53] Or do they rush over to slacksy crap and get really wrecked all the way down?
[00:21:58] That's where it's headed. I don't know.
[00:22:01] And I'm willing to let them sink or swim. That's what we all should do. It does not mean you stop warning about red flags. You can warn about red flags that you know about.
[00:22:14] Not the stuff you don't know about, or that you're guessing, or that you're speculating about, you can say it concerns you. That's great. Don't call it out as definitive we don't know.
[00:22:26] So for now, anybody listening to me here, you will never hear me say definitively it's a scam, like I did with side of Chain, Coin and Reserve for many years, because it was obvious these were obvious things. None of that's the case here.
[00:22:45] I want to let them prove that they are scammers or they're not scammers, and I'm willing to give them the benefit of the doubt until they do something a little bit more egregious. And once I see the X30, I'll know, because I'll have the X30 before the alleged launch date. So I'll know straight up, because I'm willing to put my money where my mouth is, like some folks.
