Episode Transcript
[00:00:00] Out of cycle update.
[00:00:03] I have used the word semantics quite a bit this week. CryptoTalk FM. My name is Leister. I'm your host. A quick 101, very quick 101, because a person commented on a recent update that we did on Block Dag that I'm not doing a swag that rhymes the context of what they're saying.
[00:00:21] It's semantics because it ignored the content of what was being stated. The content of what was being stated is read off the site for Block Dag. The flaws of the site of Block Dag are not the fault of Crypto Talk Radio, founded at CryptoTalk FM. It is the fault of the Block Dag team. But because you have a form of Stockholm syndrome with some people, I am strongly sensing a form of Stockholm syndrome, because unfortunately, these people, all, they're gamblers, okay? Roll the dice and hope this thing rolls and they're sold. And they're convinced that just like Terrarium, just like Cryptonomy, just like all these other ones that had aggressive marketing, they're sold on it. And despite my every effort, they still fall into the same traps where they'll do anything to defend their project, they'll do anything to shield their bag. At no point has Leister ever said blocked acts a scam. I said, the marketing sucks because it does. I said, the market's a failure because it is. I. I said, you're not going to make $600 million because at this point, I don't know if you're paying attention, but the rate of increase has dropped roughly 99% where they're only getting.
[00:01:28] Every now and then it goes up by like 1 ticks up 1. You could do the math yourself in terms of how many years it would take to get to 600 million, and that's because of a loss of sentiment. And I'm trying to share the message of why that is. But the person said, well, I stopped listening because he said tokens, they do. And the flaw again is that, number one, it doesn't matter. Number two, I figured I would clarify, okay?
[00:01:51] If something's going to be a coin, you've heard token, you've heard coin. If something's going to be a coin, the blockchain must exist. The blockchain doesn't exist. I'm talking the mainnet. It does not exist. By their own admission, since it doesn't exist, there are no coins. The only thing they can offer you are tokens until it exists. So if there are miners, which is what they said, what are you mining? The only thing you could be mining are tokens, because the blockchain doesn't exist yet.
[00:02:18] This is the lack of awareness.
[00:02:21] But the thing is, it doesn't matter. My point is, if miners are out in the wild, what are they mining? Somebody else said, I got $65. $65 what? It's not traded. There's no trade prices. There's no actual value. It's fake, it's phony. That's assuming you're mining something. But there's no mainnet.
[00:02:40] You can't be mining something that's real if there's no mainnet. That's the point. If there's no main net, there are no coins. They might be mining some sort of tokens, maybe Ethereum, Binance or whatever. Solana, There are no coins, so ultimately it doesn't matter. Come back at me with evidence that you have a miner, as in video or photo evidence.
