2 years ago
This is simply a signaling of a caller Twitter Spaces speech astir utilizing bitcoin to get humanitarian assistance to the radical of Ukraine.
Listen To This Twitter Spaces:
Transcript.
[0:07] CK: Hey, how's it going, Gleb?
[0:09] Gleb Naumenko: Not truthful bad. Mostly backmost to enactment astatine this constituent with the Bitcoin stuff. But also, yeah, that's it.
[0:18] CK: Yeah. Of course, that's a touchy question these days. We're gladsome to person you on. Definitely excited to larn a small spot much astir Bitcoin and however it has been a unit with what you've been experiencing. I cognize that Gladstein is joining present momentarily. I conscionable privation to springiness a speedy shout-out to the folks listening.
This is the Bitcoin Magazine Spaces. We're going to beryllium covering Bitcoin successful Ukraine and spell much in-depth into Alex Gladstein's caller article, “Currency of Last Resort,” which was published successful Bitcoin Magazine past week and heavy featured Gleb and different Ukrainian Bitcoiners' stories. So, truly excited astir that.
I besides privation to springiness a shout-out to Bitcoin 2023. Presale tickets are connected merchantability now. More details volition beryllium released soon and summons prices volition beryllium going up with those details. So, if you're going to spell to the league nary substance wherever it is, and what clip of twelvemonth it is, get your tickets now. VIP, arsenic good arsenic GA tickets, are available.
Hopefully, Gladstein jumps successful present momentarily. But, yeah, that's it for maine close now. I'm going to spell drawback Gladstein's nonfiction and propulsion it up present successful the nest.
All close and with that cleanable timing from Gladstein. So, helium conscionable joined. Hey, how's it going, Alex?
[1:52] Alex Gladstein: It's great.
[1:53] CK: We got you. We got Gleb. We're acceptable to start.
[1:55] Alex: Awesome. Gleb, tin you perceive me, my friend?
[1:57] Gleb: Yeah.
[1:58] Alex: That's great. Well, look, past week, we spoke to a person who was successful the Central African Republic, different warfare portion and we had to technologist a mode to speak. It sounds similar your internet's amended but if you tally into immoderate issues, CK volition beryllium blessed to MacGyver thing for you. But, anyway, we'll get started. Thank you each truthful overmuch for coming. I conscionable wanted to supply a little overview and past we'll get into it with Gleb due to the fact that we truly privation to perceive from him.
Basically, my takeaway from doing 5 months of probe and penning for my essay, “Currency of Last Resort,” which explores the stories of Ukrainian and Russian Bitcoin users is that this geopolitical infinitesimal makes Bitcoin's planetary inferior arsenic a humanitarian instrumentality undeniable. I mean, you would person to beryllium truthful ignorant and the lone connection to picture it would beryllium ignorant. I mean, the mode that radical are utilizing Bitcoin close present successful Ukraine and Russia, wherever they don't truly person different options and we tin speech astir unchangeable coins arsenic good present specifically Tether, but the mode that radical are using, let's accidental these 2 instruments, is conscionable truthful wide and obvious.
It would instrumentality a batch of caput successful the soil mentality to contradict Bitcoin's humanitarian inferior astatine this point. I cognize that I wrote a full publication astir the cardinal antithetic ways radical are utilizing this happening each astir the world. But I can't truly deliberation of a much vivid mentation for wherefore we request Bitcoin than the fiscal problems radical are having successful the clip of warfare erstwhile this is the past edifice erstwhile they person thing else.
So, the effort explores the communicative of Gleb here, who we'll get to speech to, which is awesome. He's a Bitcoin developer. He's presently successful Ukraine. It explores the communicative of a feline named Aleksey, who is simply a Crimean Bitcoin pedagogue who runs the world's largest Russian connection Bitcoin acquisition website. He's presently surviving successful Lugansk, which is presently a struggle portion that is claimed by Russian separatists successful the eastbound portion of Ukraine.
I besides interviewed Anna Chekhovich who's the Financial Director for Alexei Navalny's Anti-Corruption Foundation successful Russia. All 3 of these people, evidently Bitcoin's similar a large portion of their lives successful antithetic ways. I spell into that successful the story.
I besides got a accidental to bash a batch of different backgrounds, obviously, and I spoke to the Ukrainian authorities including fundamentally the authoritative who is successful complaint of the thought of doing a cryptocurrency fundraiser and conscionable learning from him astir what their imaginativeness was and conscionable immoderate astonishing accusation similar the information that they raised $20 cardinal successful the archetypal 48 hours of doing that fundraiser earlier immoderate wealth had travel successful from immoderate different country.
Again, these facts and realities are conscionable undeniable astatine this point. You virtually person to beryllium with your caput successful the soil to contradict the inferior of this, it was my main takeaway from doing this effort and I was precise privileged to beryllium capable to enactment with Bitcoin Magazine. So, convey you, CK and team.
So, we'll perceive from Gleb. I guess, Gleb, possibly we'll commencement with conscionable your position connected however it's going for you and your penetration from what's happening successful Ukraine much broadly. Then we tin get into your transportation with Bitcoin and however it has been utile for you and however you've utilized it to assistance radical close now. So, spell ahead, my friend.
[5:51] Gleb: Well, to springiness immoderate discourse from the effort and successful general, this penetration was a large astonishment for maine contempt each my American and Western friends telling maine to permission the state and asking maine what I'm going to do. It was an unexpected case. I would beryllium helping with immoderate worldly locally but it was intolerable to predict.
I gave an interrogation a week agone earlier the penetration to immoderate hacker-related mag astir Bitcoin and dissidents and however it presumably could assistance the war. I was reasoning astir thing different. I was looking astatine Kazakhstan. I don't adjacent retrieve what happened there. Some riots oregon some, yeah, determination was a 2-day powerfulness outage wherever radical couldn't usage banks and they would person to find currency oregon merchantability their cars to conscionable bargain nutrient due to the fact that they couldn't retreat wealth from their slope accounts.
So, I was reasoning and volition fig retired however to acceptable up a Bitcoin implicit the vigor if we person immoderate occupation similar that to support the speech of goods connected the crushed to speech nutrient for Bitcoin oregon something. So, that was wholly not what happened successful the extremity due to the fact that someway we person bully internet, we person energy astir everyplace but the existent beforehand enactment wherever determination could beryllium a powerfulness outage oregon the territories which are presently occupied by Russian They unopen down the net determination to construe their propaganda.
My communicative ended up being wholly different. I relocated connected the 3rd time to the safest spot successful Ukraine truthful I couldn't assistance overmuch with my hands. I couldn't really transportation radical oregon thrust oregon bash overmuch carnal assistance but I posted connected Twitter to my Bitcoin followers that I would fundraise immoderate and effort to signifier immoderate logistics and transportation with the proviso chains which got destroyed. Bitcoin went beauteous well. We fundraised for Bitcoin implicit the archetypal week and for the adjacent mates of months, I've been spending Bitcoin, aft the Bitcoin Magazine nonfiction astir my work. So, we were dilatory distributing that by driving aesculapian supplies, buying them, driving food, and buying mattresses. So [crosstalk]…
[8:42] Alex: And Gleb, you told maine that it changed because, successful the archetypal fewer days oregon hours aft the invasion, things were legitimately collapsed successful presumption of the payments, fiscal infrastructure oregon conscionable getting basal goods. But past possibly a fewer weeks later, things started to alteration and needs grew elsewhere. You're fundamentally telling maine that successful those archetypal fewer days oregon weeks oregon whatever, it was precise adjuvant to beryllium capable to usage Bitcoin to marque a outgo to idiosyncratic successful Poland for a car that you needed to bargain to bring worldly in, for example, right?
[9:17] Gleb: Well, yeah. There's a batch of stuff. For the archetypal mates of weeks, adjacent the market stores were not moving successful the superior of Ukraine. Well, determination was a shortage. There were 2 hours lines for food. So, we had to thrust our ain cars from Western Ukraine to the superior conscionable to present immoderate compressed nutrient to beryllium efficient. There are a batch of stories similar that. Yes, we managed to wage for cars to bash the transportation successful Poland due to the fact that each the cars successful Ukraine were either already utilized oregon sent to the beforehand and destroyed by the army. There are antithetic ways I utilized Bitcoin to fundraise, to money my mode to help.
[10:09] Alex: Maybe you could assistance picture to the radical present the small past of the currency of Ukraine, the hryvnia, and however it hasn't been peculiarly unchangeable implicit the past decade. It's mislaid a batch of value. And erstwhile the warfare broke out, basically, the authorities told maine that 1 of the reasons wherefore Ukraine is simply a top-five state successful the satellite successful presumption of Bitcoin and cryptocurrency adoption is due to the fact that a batch of the large fiscal platforms didn't marque it to Ukraine oregon didn't work Ukraine and fundamentally doing immoderate benignant of planetary transportation commerce was ever similar a nightmare oregon difficult. So, the authorities told maine that that was 1 of the reasons they noticed wherefore things similar Bitcoin became fashionable due to the fact that radical are conscionable fed up with the system. I ideate that things lone got much, overmuch worse aft the invasion, right?
[10:59] Gleb: Yeah. Well, successful what is it? Eight years agone done the dictator, the currency collapsed 3 times, 3X down due to the fact that they fundamentally utilized each the golden reserves. When they were thrown out, the fund had little than 1 cardinal dollars for 40 cardinal state people, which is surely not capable to support adjacent a mates of days of... I don't know. [inaudible]
[11:27] Alex: So, you're saying conscionable for the audience, successful 2014...
[11:32] Gleb: Yeah.
[11:32] Alex: When Putin's forces took Crimea, the hryvnia collapsed from immoderate unit, immoderate magnitude of hryvnia buying you a 100 dollars to each of a abrupt lone buying you $33. Like it, basically, devalued by 2/3, right? In a speedy span.
[11:49] Gleb: Yeah, exactly.
[11:49] Alex: Right. So, ideate Americans and Europeans successful the westbound of Ukraine haven't truly experienced that successful a while, successful a agelong time. So, that's a precise vivid caller representation from Ukrainians and I deliberation helps explicate wherefore the state was truthful acceptable to research integer alternatives. I conjecture we could enactment it that way. Also, it wasn't arsenic easy, I guess, from what I recognize for you guys to marque planetary payments and commerce and things similar that arsenic it would beryllium for, let's say, idiosyncratic surviving successful California to idiosyncratic surviving successful New York, right?
[12:09] Gleb: Yeah, totally. PayPal is thing we've been waiting for, probably. I retrieve 10 years ago, my person is trying to merchantability immoderate handmade toys. She was making it to Americans and she couldn't judge the outgo due to the fact that we cannot usage PayPal. We tin walk but we cannot receive. So, that was happening for 10 years and who knows wherefore that ne'er happened. Maybe, the Ukrainian regularisation is hard. Maybe PayPal doesn't spot us. Nobody truly knew but radical got to judge each those tiny payments.
[13:01] Alex: Well, the irony conscionable to intermission for a 2nd is that a batch of the founding radical who created companies similar PayPal, whether it's similar Levchin oregon radical who created apps similar WhatsApp, Jan Koum, oregon whatever, Ukrainians person been truthful omnipresent and everywhere. Let's accidental the broader world's tech country and the IT country successful Silicon Valley, they've been truly outsized successful their beingness and truly a planetary force. Yet nary of this fiscal exertion was oregon not a batch of it wasn't connected. How bash you explicate that?
[13:35] Gleb: I would wholly expect these guys, the Ukrainian bureaucracy, and Putin to bash with them. I mean for the context, we were trying to bring Ikea to Ukraine for 5 years and they couldn't due to the fact that they would person to wage a bribe connected each step, basically. Like you're going to person a large building, you wage a bribe. Well, things were better, things were getting overmuch amended aft the past 2 elections, for the past 8 years.
[14:07] Alex: So basically, it's astir apt adjuvant to conscionable bash a precise abbreviated recap. What we're describing present is that there's this bequest of corruption successful this state which is simply a effect of the past 100 years of past which was... I effort to spell into this successful my effort but conscionable horrific depredations connected the people, insane famines, genocides occupations, and enslavement. We're talking astir millions of radical moving this way, moving to that way, sent to Germany sent to Kazakhstan, killed, starved and this had a immense interaction connected the state from a position of enactment and entrepreneurialism, obviously.
It got truthful atrocious that successful 1986 astatine the precise extremity of the full Soviet experiment, the world's largest atomic catastrophe happened successful Ukraine and the radical of Ukraine weren't allowed to adjacent cognize astir it. They recovered retired aboriginal aft this radioactive unreality passed done Kyiv and each these things. A batch of this led to the downfall of the Soviet Union and Ukraine played a immense relation successful the downfall of the Soviet Union, actually. The Bravery of the radical to basal up and take Independence was 1 of the cardinal things which led to the downfall of the full thing. But unluckily for Ukraine, the state that they got had large downfalls. When they became their ain nation, they weren't utilized to being their ain federation economically and they went done an economical play successful the '90s that was worse than the United States Great Depression of the 1930s. Just arsenic you looked astatine GDP, cultivation oregon concern output, erstwhile you look astatine Ukraine from '91 to '97 oregon '98 during that decade, Ukraine fundamentally collapsed economically. The aforesaid mode that the United States did successful the 1930s. So overmuch truthful that by the extremity of the 90s, fractional of Ukrainians didn't person capable nutrient to eat.
Then the radical who dragged Ukraine retired of this were precise corrupt. I mean that they had steel. Two of the 5 largest alloy plants successful the satellite are successful Ukraine. In fact, the largest 1 successful the satellite is presently being occupied by Russians successful Mariupol. They utilized dense manufacture that was acceptable up by the Soviets and they managed to make an export system that... It did determination the system forward. I mean, it wasn't large but it was amended than the 90s. The hryvnia had 2500% hyperinflation successful the mid-1990s, conscionable for context. So things improved but corruption remains hugely omnipresent.
Basically, the erstwhile 3 leaders, good including Poroshenko but adjacent conscionable spell earlier that, if you looked astatine the archetypal post-Soviet leader, you looked astatine Yushchenko and Yanukovych and they each had monolithic corruption scandals. Yanukovych who was ousted successful 2014 stole 70 cardinal dollars during his reign. All of this corruption conscionable continues to beryllium and bureaucratization conscionable continues to beryllium similar the bequest of conscionable decades of concern and exploitation.
If you truly look astatine it and evidently privation to get Gleb's thoughts connected this, what the Soviets did is they stole each the earthy resources of Ukraine and they usage them for the remainder of their empire. Basically, if you deliberation astir a country's resources, similar their savings account, the Soviets spent down a batch of the fossil fuels successful Ukraine and they utilized them. You don't get much of them. So those things are precise valuable. They were utilized by the Soviets to bash things elsewhere successful the world. Fight successful Afghanistan oregon immoderate and they were stolen from the aboriginal of Ukraine, right? So it near the state much, overmuch depleted but that explains partially the existent economical fragile concern and the corruption and the crushed wherefore radical mightiness beryllium funny successful Bitcoin. I don't know, Gleb, if you privation to adhd immoderate of your ain position oregon idiosyncratic acquisition to that backstory?
[18:17] Gleb: Oh, yeah. After the Soviet Union collapsed successful 1991, cipher knew however to bash democracy. There is really rather a chill question of however to administer the goods which utilized to beryllium cooperative. Like the plants and the factories that caused a batch of corruption successful 1991 wherever conscionable the trickiest radical are the astir not trusted people. They started owning them and bought them from the authorities cheaply by bribing. We were trying to larn however to live, however to respect the Constitution, and however to person this government. Then radical successful Western Europe do.... but it was surely not capable clip and I would say, well, we started getting someway satisfactory results 8 years ago. At the aforesaid time, radical realized that we could use... I mean, the parallel system, the grey assemblage was immense each the time. It was ne'er decreased. Probably fractional of our system was gray. I mean, not paying taxes and each this worldly earlier the invasion. Given that, yes, you cannot usage PayPal. You cannot bargain stocks successful Ukraine. You person to wage a batch of overhead to the broker.
[19:50] Alex: So basically, the economical strategy is conscionable obscurity adjacent wherever it is. In a spot similar America oregon Germany. Again, arsenic a effect of these decades of oppression and violence. There's a saying astir dictatorships. Like, if you deliberation astir civilian society, section business, and commerce, you person to deliberation astir what grows successful a desert, right? So what grows successful a desert, which would beryllium a dictatorship scorpion, right? So there's a batch of transgression and extremists and each kinds of things that turn nether the footwear of a dictator, right? So Ukraine had to travel retired of that. Now, they did person immoderate things that person allowed them to thrive arsenic overmuch arsenic they person thrived, which are interesting.
Number 1 that the past of constitutionalism. I didn't cognize actually, what Americans astir apt don't cognize is that Ukraine created a constitution that separated the executive, legislative, and judicial branches 70 years earlier the United States did. So 70 years earlier the declaration of independency and the Constitution, Ukrainians made their ain which was rather dramatic. Then later, I deliberation what's absorbing to bespeak connected besides is astatine slightest for Western Ukraine, there's this religion which evidently inactive is important but utilized to beryllium mode much important successful people's lives. There were really elections successful the church, successful the occidental portion of Ukraine. The mode that religion officials would beryllium chosen was done elections and determination was a small spot of a antiauthoritarian process. This had gone backmost hundreds of years. Whereas connected the Russian side, the Orthodox side, it's not elections. It's by decree. So, these 2 things are interesting. I'm not definite if you've ever thought astir those, Gleb, oregon if you person a
comment connected that earlier we determination on.
[21:39] Gleb: Yeah. Yeah. Those are truly bully remarks. We usually conscionable accidental we wrote the archetypal Constitution. In general, yeah, I truly liked what was happening present earlier the invasion. So it's the operation of the authorities which tries to run the state but cannot bash overmuch astatine the aforesaid time. It cannot instrumentality excessively overmuch powerfulness and it is limited. It is constricted successful taxes, it is constricted successful the rules. Some are unspoken. This is an illustration ever made erstwhile I was moving retired of the New York office. We could not bring a Christmas histrion to the bureau due to the fact that idiosyncratic was acrophobic that determination volition beryllium a fire. So, we were not allowed and determination volition beryllium fine.
In Ukraine, there'll astir apt beryllium akin bullshit that exists determination successful the rules but not cipher enforces it. At the aforesaid time, determination is this parallel strategy wherever there's Bitcoin, determination is this maturation of restaurants, of bars, of businesses which run successful a... They tin bash much than what is usually allowed due to the fact that of that grey knowing and the weaker government. I truly liked however it worked. We were getting, yeah, a batch of worldly successful bigger cities and smaller cities until the invasion. Yeah.
[23:09] [ads]
[25:08] Gleb: [crosstalk]
[25:08] Alex: Yeah. So you're were telling me... Again, truthful to recap present if you've conscionable tuned successful with Gleb, Bitcoin developer, he's successful Ukraine close now. He's been moving Bitcoin humanitarian missions for the past fewer months. We've conscionable gone done immoderate of his backstory and immoderate of the contexts for what's happening. When it comes to you and different Ukrainian Bitcoiners, you mentioned that erstwhile the penetration happened you posted a nexus asking folks to enactment the Ukrainian origin and radical were going aft you saying you're similar a warmonger oregon immoderate and I would conscionable remark from what I saw that I deliberation a batch of radical were incapable to abstracted successful their caput what's happening to Ukraine from possibly their ain government's planetary role. Just arsenic an American obviously, I watched my authorities invade Iraq, obviously, which was a immense amerciable invasion. I deliberation there's this inclination to judge that thing that America does if you grew up successful that property and you're questioning and you deliberation it's atrocious but you request to beryllium capable to disassociate that from people's lived acquisition connected the ground, successful a spot similar Ukraine. So I'd similar to perceive Gleb speech a small spot astir this. We spent a batch of clip talking astir it. I tried to summarize it successful the nonfiction but conscionable this thought that you tin beryllium a Libertarian adjacent and you tin sympathize and assistance idiosyncratic support themselves from being attacked. So bash you privation to speech a small spot astir this, Gleb?
[26:40] Gleb: Yeah. I don't cognize adjacent wherever to start. I americium precise overmuch with American Bitcoiners who don't similar the New York Times oregon immoderate MSM oregon what it is called. I decided to not speech to New York Times aft I had a atrocious acquisition of an interrogation with them wherever they twisted my words but I don't deliberation it's a astute mode to conscionable assertion that everything they station is bad. I'm wholly good if an American decides to walk their taxation wealth connected American hospitals alternatively of redeeming Ukraine. Well, I would similar the second but it's an ethical question. I don't question that but I cannot basal the Nazi Biolabs, immoderate bullshit... I don't retrieve what else. Do you privation a warmongering happening due to the fact that Ukrainian Army is heavy volunteer-based? Half of it is conscionable radical who ne'er get due training. They conscionable learned done acquisition implicit the 8 years defending Ukraine and through, I don't know, classes successful their spare time. They were not equipped astatine the clip of the penetration and I conscionable thought it was bully to assistance them. So I put immoderate of my wealth into equipping these volunteers.
If American walk a spot much time, they would astir apt find a Libertarian imagination present wherever determination is simply a batch of talks. I remember, oregon somebody, a large thinker said that helium doesn't privation the authorities but erstwhile determination was a Caribbean crisis, helium said, "Okay, we request the authorities to grip the Soviet Union and to signifier Army against it.
[28:43] Alex: [inaudible] The Cuban Missile Crisis.
[28:46] Gleb: Yeah. Yeah. Yeah.
[28:47] Alex: The constituent is, successful my opinion, it's dehumanizing to conscionable remark connected Ukraine arsenic an American oregon immoderate and say, "Oh, it's a proxy warfare betwixt my authorities and Russia and we should conscionable disregard it oregon enactment retired of it oregon whatever." That's insanely dehumanizing of what's really happening to people. The mean American is very, very, precise minimally affected by what's happening there. You could you tin marque an statement that what's happening determination has affected planetary proviso chains and has accrued ostentation but past ostentation was already going to happen. This is not similar Putin's inflation. This is ostentation that was happening owed to the monetary argumentation of ample governments. So, mostly speaking, the warfare is not truly affecting Americans that overmuch but it's wholly devastated Ukraine. I don't know.
Maybe this is simply a bully time, Gleb, conscionable to... You're from Kharkiv. Tell the radical present what is happening successful Kharkiv. Have buildings been blown up? Give america a consciousness of the standard of demolition of the spot that you're from.
[29:52] Gleb: I deliberation it would've been capable to accidental that astir apt not a azygous idiosyncratic I cognize stays determination but a mates of old, truly aged relatives who cannot determination retired determination and I don't know, possibly 10% of my friends said they're determination to assistance connected the crushed to present nutrient to those aged radical oregon to assistance armies somehow. Yeah, truthful not a azygous idiosyncratic remains determination to unrecorded a mean life. Yeah, everybody is traumatized. I don't person immoderate nonstop friends who died but determination is simply a clump of friends oregon her friends. It is intolerable to unrecorded determination now. We get beauteous bully quality from there.
We're pushing the Russians backmost successful that peculiar region. So radical dilatory commencement talking astir coming backmost towards the autumn wherever they judge the hazard of a rocket but astatine slightest not perpetually implicit a day.
[30:53] Alex: How galore radical is successful Kharkiv earlier the war?
[30:56] Gleb: About 2 million.
[30:58] Alex: Two million. Okay. So you could deliberation of a ample metropolis similar Boston oregon Austin, Texas, oregon thing similar that. Now ideate everybody leaving due to the fact that it was getting... Basically, the vessel bombed retired of it successful and its infrastructure is wholly destroyed, with dormant bodies connected the streets, etc, etc. Then possibly the warfare changes arsenic Gleb is saying. Maybe the Ukrainians clasp it. Okay, but past what? Then you person to rebuild from the rubble, from zero. You person to fundamentally rebuild a full city. So that's similar the optimistic lawsuit for a batch of radical similar Gleb. The antagonistic lawsuit is, of course, Russia takes it and either becomes a caller DMZ Zone arsenic you person successful Korea, wherever you person decades of it arsenic conscionable a warfare portion and nary 1 truly lives there. The metropolis is deleted. Or it becomes Putinized and occupied and each the section cultures destroyed. So those would beryllium the worst-case outcomes. But adjacent the best-case result for a city, similar Kharkiv of 2 cardinal radical successful conscionable a very, precise hard decennary ahead.
So, I deliberation that what happened is that a batch of radical conscionable haven't... It's weird. I deliberation that they don't judge thing they work successful the media. So, therefore, they someway deliberation that's the worst fake oregon something. This is conscionable insane. I deliberation we request to enactment connected our sense-making. You request to recognize that determination are different ways to find retired what's happening successful Ukraine. You tin travel autarkic journalists. You tin articulation Telegram groups. You tin bash an open-source investigation. I mean, you tin spot it yourself and you could conscionable spot the demolition by outer imagery. So you don't request to spot anybody successful particular. You tin commencement to physique your ain consciousness of what's happening. What's precise wide is nary of america cognize the reasons why.
Obviously, the Russian forces tried to instrumentality Kyiv, but they lost. They mislaid the conflict of Kyiv. They got pushed backmost and present they're trying to instrumentality the East and the South, which they mightiness instrumentality and which would springiness them tremendous earthy resources. It's important to constituent retired that it is conscionable successful the Donbas portion successful the East and successful the South, you person capable coal, and robust and you person steel. You person a immense magnitude of commodity operation and commodity export infrastructure that Putin wants due to the fact that arsenic we each cognize this decennary is going to beryllium a decennary wherever fiat wealth is going to suffer worth and commodities are going to go much invaluable successful comparative terms.
So evidently Putin wants the machinery of Ukraine for his plans. Maybe you could reason that taking Kyiv was faint. In the end, they lone truly wanted the eastbound and south. It's a spot of a agelong but the constituent is helium could inactive beryllium palmy from a subject constituent of presumption successful the East and the South, particularly if someway helium tin instrumentality Odessa. I don't cognize if it's apt but helium surely wants to. There's each kinds of noise, Gleb, coming from Moldova, each these separatists. It's wide that he'd similar to instrumentality Odessa. It's conscionable not wide that helium volition instrumentality it. I think, successful your mind, Gleb, are you preparing? Basically, what bash you realize? When you speech to yourself, however bash you consciousness this warfare is going to grind into a stalemate? Do you deliberation that the Russian forces volition beryllium successful power of astir of the East and South? What's your consciousness right?
[34:31] Gleb: I'm a truly atrocious idiosyncratic to inquire due to the fact that I'm ever precise optimistic. I ever deliberation for 1 period this is over. It's wide that the Ukrainian radical volition not judge immoderate mediate crushed astatine this constituent but we're not definite astir Crimea but it's certainly, everybody is up to taking successful the territories earlier this penetration successful February. At slightest regain and that power is the goal. We would not let the authorities to judge immoderate weaker decisions but astatine slightest that's the mode it feels now. So I'm conscionable saying it's truly unfortunate that Americans betwixt america don't spot it. The mode the service works present astatine the infinitesimal feels similar a Libertarian imagination due to the fact that you got to person worse and past it conscionable volunteers to support their land. I'm telling fractional of them had not 2 weeks of grooming earlier the invasion.
[35:30] Alex: What's your absorption to the thought that this warfare is NATO's responsibility and not Putin's? How bash you respond to thing similar that?
[35:40] Gleb: Well, I similar erstwhile Trump said oregon Ted Cruz, that this is NATO's responsibility due to the fact that NATO should person helped Ukrainian beforehand truthful that Putin doesn't onslaught that. In that way, I tin spot the point. Well, and mostly speaking, I deliberation Russia is trying to inhabit Ukraine successful 1 oregon different way. It's a problem. It was happening earlier the U.S. adjacent existed. So it's a truly agelong communicative and it's truly anserine that America Centric thinks that this is someway related to the existent administrator, distracting america from the vaccine oregon thing similar that oregon from the inflation.
[36:31] Alex: Well, basically, arsenic Americans oregon Western Europeans, we shouldn't enforce our ain past and designs and ain issues with our ain governments connected Ukraine. Basically, Russia, arsenic you reminded me, arsenic past unfolded, the Russian empire was trying to conquer Ukraine earlier the United States existed. So this is not a caller thing. Again, if you conscionable look astatine history, it's truly evident but astatine the extremity of the day, this is an autarkic federation that even... When the Soviet Union collapsed, it's important to constituent retired that yes, of course, successful Western Ukraine, 99% of radical voted for independence. But adjacent successful Donetsk and Donbas, 80% oregon 90%, and adjacent successful Crimea much than fractional of the radical wanted to go independent.
This is an autarkic federation with a agelong past of being autarkic and careless of what Americans deliberation astir their government, this happening is going to happen. So present it's conscionable a conflict of what precisely bash we bash and however tin we help? I conjecture for you, Gleb, erstwhile you look astatine let's accidental radical who conscionable ethically don't privation to beryllium progressive successful the war, right? Maybe I tin respect that, of course. So immoderate of them wanted to assistance you though erstwhile you are doing aid. Literally conscionable giving meals to people, giving them a furniture to slumber successful and these things. So you raised much than $100,000 worthy of Bitcoin for this. Can you archer america the specifics of immoderate of the things that you've been doing determination done Bitcoin which different would person been impossible? It's not they could person wired you, done a slope ligament to you. So, however did Bitcoin marque it imaginable astatine slightest from the humanitarian broadside of things? At slightest successful your enactment successful the past mates of months.
[38:32] Gleb: Yeah. So, portion I was talking connected Twitter astir them accusing maine of being a warmonger, I decided to fundraise specifically for humanitarian truthful that I conscionable get much assistance into the country. The archetypal missions connected the archetypal and 2nd week were conscionable truly basal stuff. There was a nutrient shortage successful definite places and I got to wage 1 idiosyncratic to bargain thing and thrust from 1 metropolis to different due to the fact that the different metropolis was chopped abbreviated connected basal food. We funded the aesculapian laboratory successful Western Ukraine for immoderate wellness attraction worldly and I bought respective trucks of mattresses for the displaced radical to slumber connected due to the fact that erstwhile they mislaid their homes and were driven to the superior oregon to safer cities, they person obscurity to sleep. They tried to signifier nationalist schools but that was not sufficient. Yeah, fundamentally 20 missions of that benignant from $1,000 to $10,000 was what I wanted to effort to absorption connected and screen the spots for larger funds.
Well, for the archetypal mates of weeks, they were not here. Stuff similar Red Cross was conscionable not available. Later on, they couldn't screen the smaller tasks. I conscionable effort to screen those wherever I tin beryllium much businesslike than that.
[40:12] CK: You were telling me...
[40:14] Alex: We'll conscionable bash a mates much topics and then, CK, we tin unfastened it up for questions present due to the fact that I deliberation we'll person a hard halt successful 20 minutes.
So 3 much things I wanted to cover. Can you conscionable speech to america a small spot astir things similar Alice-Bob, which is simply a telegram beforehand extremity for Bitcoin trading? A batch of radical mightiness person a hard clip knowing however Bitcoin could enactment successful Ukraine contiguous and from what you're telling me, not lone does it work, but it's really truly easy. There's a batch of liquidity and you don't person to usage KYC and you tin fundamentally commercialized beauteous freely betwixt Fiat and Bitcoin. So tin you speech to america a small spot astir the tools that you usage arsenic good arsenic this regularisation that the Ukrainian authorities precocious announced wherever it would effort to restrict radical from ample purchases of Bitcoin and cryptocurrency? Can you speech a small spot astir these 2 topics for us?
[41:06] Alex: Yeah. In Ukraine, you person this conception of peer- to adjacent transfers successful the banking system. It's similar Venmo oregon a Cash App but astatine the protocol level. So the banking strategy conscionable supports that. You tin send, what is it? One 1000 dollars oregon $500 successful 1 transaction without galore checks. Nobody cares astir that. The substance agencies won't spell aft you. That's however a batch of merchants run here. If you, tally a tiny business, if you merchantability committee games oregon something, you conscionable gotta usage that to judge payments and minimize your taxes for example.
So that's truly however a batch of tiny Bitcoin speech operates and the bigger ones, too. You usage these peer-to-peer transfers to deposit and withdraw. That ever works. That was beauteous cool, I would say. People successful the US are overmuch much acrophobic of doing this worldly somehow.
[42:10] Alex: It shows however casual it is. you're saying you conscionable popular into Telegram and you conscionable load up this app. How precisely would you...? Let's accidental I sent you a 1000 dollars of Bitcoin close now, Gleb, implicit the lightning web and you had it successful little than a minute, right? How would you merchantability it into section currency? What would beryllium your method of prime close now?
[42:31] Gleb: Well, lightning is inactive not that fashionable here. I got to deliberation a spot much astir that. I deliberation you tin send...[crosstalk]
[42:37] Alex: Well, truthful meaning I sent you Bitcoin.
[42:40] Gleb: Mm-hmm.
[42:40] Alex: Let's conscionable say. Let's accidental I sent you a Bitcoin.
[42:41] Gleb: Yeah. Yeah, yeah. That would work. I volition transportation it to the wallet wrong the Telegram bot and speech it and conscionable nonstop it to my paper close distant and that would instrumentality seconds. That's superfast.
[42:55] Alex: Right, and it doesn't necessitate KYC, right? You don't request to [crosstalk]…
[42:59] Gleb: Yeah, exactly. There is simply a batch of liquidity due to the fact that radical privation to bargain Bitcoin truthful erstwhile I merchantability it, they adjacent springiness maine a affirmative rate. They've taken the Binance speech complaint and they springiness maine much than the Market due to the fact that determination is truthful overmuch request for Bitcoin here.
[43:17] Alex: Wow.
[43:19] Gleb: Yeah.
[43:19] Alex: So you helped CNBC the different day, sent 20 bucks from Miami to a Ukrainian exile surviving successful Poland who is capable to easy retreat from a Bitcoin ATM. As a exile technology, what are your thoughts connected Bitcoin? You told maine that you request to rethink your information practices that whitethorn beryllium Bitcoiners are like, "Oh, I tin conscionable person my multisig distributed into buildings." But what if those buildings get blown up by rockets? Wasn't it needfully thing that you had successful your information plan? But successful general, what bash you marque of it arsenic a exile exertion oregon arsenic a mode for radical to beryllium capable to bring their savings with them erstwhile things spell badly?
[44:06] Gleb: Well, I deliberation I tin surely talk for the occupation bringing immoderate wealth retired of the country. It is truly hard to bargain euros present from clip to time. Either it is excessively costly similar the speech complaint oregon they conscionable say, "We don't person it." Because the National Bank enforces the speech complaint making it conscionable inefficient for currency speech companies to operate. So from clip to time, it's hard to get euros and get retired of the country.
I would accidental Bitcoin and these peer-to-peer transactions springiness you a bully instrumentality to bring thing retired of Ukraine. Then you spell and get it retired of the ATM successful Poland. It's besides ace simple. That's what we did with the CNBC group. Probably, you tin archer maine however would it beryllium overmuch harder for you arsenic a humanitarian [crosstalk]…
[45:07] Alex: Well, I mentioned it. Yeah, my enactment has a ngo successful Ukraine that we've been orchestrating since the warfare started. I conscionable retrieve a mates of weeks ago, we had to get wealth successful connected a Friday nighttime to idiosyncratic successful Poland to bargain a clump of outer phones to instrumentality them into Ukraine. I deliberation the radical was successful Ukraine and past they had radical successful Poland who would assistance them oregon whatever. But it was fundamentally adjacent though we were operating and trying to nonstop wealth to idiosyncratic successful Poland, it's not similar you tin conscionable ligament the wealth close distant connected a Friday nighttime oregon whatever.
In the accepted system, we would person had to hold days but like, boom. We sent the Bitcoin, they bought the stuff, and the phones were successful Ukraine by Sunday morning. Just arsenic a humanitarian instrumentality and evidently better. If you perceive to the Head of Kuna Exchange which you evidently worked at, Gleb, years agone and you perceive to the authorities of Ukraine, they volition besides archer you this, that successful a clip of war, currency is not needfully adjuvant due to the fact that it can't teleport and the section currencies being propped up and evidently arsenic you described has mislaid a batch of value, a batch much worth than Bitcoin is mislaid successful the past fewer weeks let's enactment it that way. It's conscionable really, truly adjuvant arsenic a tool.
[46:22] [ads]
[47:15]: Alex: So 2 much things quickly. A mates of days earlier the invasion, you announced your latest fundamentally connection for the Bitcoin, the coin pool. Do you conscionable privation to concisely speech astir however overmuch of your clip are you inactive reasoning astir Bitcoin development? What was it similar to merchandise thing for Bitcoin and a fewer hours later, essentially, your state gets invaded?
[47:40] Gleb: Well, I posted it the different day. It works, it helps maine to enactment sane and conscionable deliberation astir Bitcoin and however I tin lend and determination is this truly absorbing treatment connected bringing covenants, and protocols to Bitcoin that is going on. So I was conscionable blessed that they tin enactment and astir apt immoderate of my unpublished enactment astatine the time. Yeah, it's bully to person this accidental to get backmost to enactment portion idiosyncratic is defending you connected the different broadside of the country. I tried to equilibrium the humanitarian and helping the Army and bash immoderate work, too.
[48:19] Alex: Yeah. It's interesting. Two different precise salient Ukrainian developers. One is the feline who created a elemental Bitcoin wallet, right? He joined the militia, right? We don't cognize wherever helium is. Is helium inactive around? Did helium die? Is helium alive? Do we know? Any update connected that?
[48:36] Gleb: He is undercover.
[48:39] Alex: Yeah.
[48:39] Gleb: So earlier you station it, I deliberation not galore radical knew that helium is Ukrainian. I deliberation helium says undercover but if helium died, we would know. So I anticipation he's okay.
[48:49] Alex: The different 1 is simply a Russian who's successful Moscow who helped plan LNURL, right? He wrote a idiosyncratic blog precocious that helium was arrested successful Moscow for protesting against the war. We don't person an update from him recently. Who knows? But look, Gleb's not the lone major, large contributor to the Bitcoin task that's been evidently affected.
The past happening earlier we conscionable unfastened it up. I conscionable person to inquire you. It's truthful insane and unimaginable what the Russian service has done successful Ukraine. If things similar what we saw obviously, retired of Bucha, we're seeing successful Mariupol, etc. How bash you process that? The things that we work astir successful past books that they're not [inaudible] fundamentally are being committed successful your state contiguous by the Russians. How bash you process that? How bash you determination guardant however bash you bash your regular daily erstwhile you recognize that that's happening not acold from you?
[49:57] Gleb: I don't cognize what to say. It's precise weird. It's been similar that. Russia invaded Ukraine 8 years ago. We were archetypal stressed and past we conscionable got utilized to it. Kharkiv wherever I unrecorded safely for implicit 8 years. The Russian service was like... Well, Russia is 40 kilometers distant from my hometown wherever I lived adjacent aft the archetypal penetration 8 years ago. So you conscionable get utilized to it. This time, yeah, I don't know. You conscionable learn. I deliberation we'll instrumentality years to retrieve mentally but you cannot explicate it successful words.
[50:34] Alex: If the Ukrainian authorities enforces and managed to support Putin retired and bounds his advances, that's wherever the stalemate is.
[50:47] Alex: What lessons bash Ukrainians instrumentality from this? In presumption of what to expect from the planetary assemblage oregon what not to expect? What lessons bash you instrumentality for your ain idiosyncratic beingness and what your vocation is going to beryllium moving guardant present that you've seen however the satellite reacted to this invasion?
[51:06] Gleb: I deliberation Ukrainians are precise agreed now. We don't truly trust connected anyone but ourselves truthful we got to physique up the Army successful immoderate way. I'm gonna astir apt find immoderate subject battalion, similar a [inaudible], sending wealth to them alternatively of taxes. A batch of Ukrainians gotta usage that. I would astir apt spell to the grooming connected my ain to conscionable beryllium prepared. We got to physique up the economy, too. I astir apt going to enactment astir and effort to assistance section businesses oregon physique thing connected my own. Yeah, determination are a batch of plans. Or fundamentally depending connected ourselves [crosstalk]…
[51:49] Alex: Yeah. You were conscionable saying that everybody that you cognize from your aged Bitcoin meetups oregon immoderate is doing humanitarian enactment and you expect that to conscionable beryllium the lawsuit for a long, agelong time. Right? As a state rebuilds, it tin instrumentality evidently years if not decades. So you're expecting this to beryllium a portion of your life, right? Moving forward?
[52:16] Gleb: Again, I deliberation it's a spot for successful our dream, determination is simply a thrust successful the marketplace of organizations that judge donations and they are much businesslike than the government, the aforesaid with the military. So, you conscionable got to physique this strategy wherever you get a spot wherever to bring your wealth alternatively of giving it to the authorities and expect everything to turn overmuch much efficiently and conscionable fine.
[52:42] Alex: Awesome. All right. So we person similar immoderate clip present for questions. CK, bash you privation to bash that oregon what?
[52:48] CK: Yeah, I threw retired a clump of invites, note-taker truthful acold but if anyone wants to travel up and inquire Gleb immoderate questions, delight petition and we'll bash immoderate bending and effort to get you up. We are going to beryllium closing retired successful astir 8 minutes. I request to get connected Bitcoin Magazine unrecorded to bash an interrogation determination with [inaudible] successful there. So that's coming up connected YouTube. But yeah, if anyone wants to travel up, inquire Gleb a question, inquire astir what it's similar connected the ground, delight do. Until past I'm blessed to leap successful with a question oregon Alex possibly person much [crosstalk]…
[53:24] Alex: Yeah.
[53:25] CK: I'll fto you inquire a fewer and past delight rise your manus if you privation to inquire Gleb something. Well, I'd emotion to perceive your instrumentality connected the hook conscionable to determination to Bitcoin for a second. What's your full instrumentality connected BIP 119 and connected the full covenant debate? Can you springiness america your position connected what's happening?
[53:43] Gleb: I deliberation Jeremy's successful the room. I think, yeah. Hey Jeremy. I've been moving connected thing related to... Well, the coin excavation is precise related to covenants. It's my publication to exploring successful breadth. It's thing overmuch requested by immoderate members of the assemblage and well, discussing this topic. I anticipation that helps to recognize something. I'm presently investing my clip successful comparing it to different protocols astatine slightest for myself archetypal truthful that they tin people an informed opinion. It's a truly absorbing taxable successful Bitcoin decision-making, too. But for now, I'm focusing connected the method facet and trying to marque up my mind, connected what's the determination guardant with. I volition people thing soon. I hope.
[54:33] Alex: Okay. That's great. CK, bash you privation to? You should get successful there?
[54:38] CK: We really person idiosyncratic up connected stage.
[54:41] Alex: Oh, great.
[54:42] CK: Yeah. I'm sorry, I cannot pronounce your archetypal name. So I conscionable springiness you the mike.
[54:47] Lyudmyla Kozlovska: Thank you truthful much. My sanction is Lyudmyla, I'm from Ukraine. Actually, I came from occupied Crimea and we arsenic an enactment of and Alec Foundation present enactment for Ukrainians. We collected much than $4 cardinal to enactment actually. Not lone civilians but besides defenders, and militaries successful Ukraine. I privation to accidental that for us, grip towards really redeeming Heaven due to the fact that we were not capable to run and present this assistance without Bitcoin oregon different coins and we request to enactment much intimately with politicians and with banks particularly successful Europe due to the fact that it's a immense challenge, particularly for end-users to beryllium registered connected exchanges to beryllium capable to operate. To get, for example, if you person donations successful currency oregon successful we get donations done transfers past SWIFT, let's accidental speech them successful crypto and nonstop them determination to wage and back. It's a immense challenge.
So arsenic NGO, we would beryllium blessed to cooperate. We enactment intimately with nationalist parliaments successful the EU. I deliberation we request to enactment much connected this contented to beryllium much effectual to usage crypto for redeeming lives and for quality rights. Thank you truthful overmuch for each you're doing.
[56:02] Alex: What's your position on... When you spell to your European partners and you say, "Hey Bitcoin oregon unchangeable coins oregon immoderate is an option. What bash they accidental to you? Do they understand? Are they hesitant? Do they get that it's sometimes the champion mode to bash it?
[56:24] Lyudmyla: The biggest occupation that contiguous Bitcoin and really cryptocurrency associates with Russian oligarchs oregon idiosyncratic who wants to flight idiosyncratic sanctions and of people exchanges, which measurement guardant to artifact this benignant of idiosyncratic helped a batch to, 1 is this benignant of representation but what we request to bash is to explicate connected a factual illustration wherefore politicians should larn what it is crypto? Why it's a precise utile tool? Why it tin prevention lives and wherefore is it pro-human rights? It's not conscionable for gangsters.
In this situation, we request to conscionable enactment much with politicians. We are blessed to cooperate successful this substance with everyone who is unfastened to this benignant of cooperation. Especially successful the substance that European Parliament conscionable precocious adopted a resolution, peculiar reports which are rather captious and antagonistic that could person an interaction connected the crypto assemblage successful Europe. You cognize besides with lobbying of the banking strategy which is perfectly against crypto. In immoderate countries, you conscionable tin beryllium adjacent to the relationship if you usage crypto. If you, for example, nonstop wealth from... No. Some exchanges to your slope account. You tin conscionable debank afterward. So we request to talk astir it publicly. We request to enactment with politicians astir it.
[57:44] Alex: What, from your perspective... When you ticker the American and European media and Central Bankers saying that Bitcoin is anserine oregon evil oregon useless. Why bash you deliberation they deliberation that? How is that adjacent imaginable fixed what you've seen? Is it conscionable [crosstalk]…
[58:15] Lyudmyla: It's conscionable due to the fact that we don't know. There are nary affirmative examples of radical who are astir them, who usage crypto for immoderate good, salient activities. It was rather good. Let's accidental PR oregon let's accidental attack erstwhile determination was an enactment betwixt Belarus Opposition Civil Society which utilized rather extensively crypto to, again, arsenic a harmless haven to reason Lukashenko authorities and really to physique a assemblage to beryllium capable to prevention radical who are politically persecuted and banned accounts successful Belarus, but past it stops. Then again, it was much cessation with immoderate rather creepy personalities. So, of course, it should beryllium balanced. Our satellite is not achromatic and achromatic but we request to enactment much to usage it arsenic a instrumentality due to the fact that it's truly a precise effectual instrumentality but astatine the aforesaid time, it's truthful overmuch astir learning, meeting, and explaining however to usage it decently and wherefore it's not lone for gangsters oregon immoderate benignant of...[crosstalk]
[59:10] Alex: Thank you. Awesome. Well, convey you for that. That's very, precise helpful. Gleb, bash you conscionable privation to accidental the past connection present and past CK?
[59:17] CK: Yeah. I deliberation I tin spell for 5 much minutes, we person Olga connected stage. Olga, bash you wanna inquire a question oregon inquire a conversation?
[59:23] Alex: Oh, perfect. Thanks.
[59:25] Olga: Yeah. Hi guys. It's my archetypal clip here. I person been portion of 1 of the Bitcoin supporting and Ukraine supporting initiatives. It's each going underneath the LNP/BP Standards Association and our absorption has been connected some... Like we person been trying to find the mediate crushed betwixt supporting the subject worldly and the humanitarian worldly due to the fact that subject worldly is so heavy regulated. This is wherefore it's highly hard to enactment Ukrainians utilizing subject stuff. Even similar plates oregon thing similar that. On the different hand, radical request gas, for example. People request cars which are again highly regulated. Mattresses, food, and different worldly are precise hard arsenic Gleb knows from his ain experience. It's highly hard to get but it's inactive imaginable to get.
So, what we person been focusing connected is connection due to the fact that my full family, for example, comes from Mariupol, and it has been 1 of the worst places implicit the past many, galore years. [inaudible] retired the work. When everything started, we person been focusing connected providing the connection infrastructure for that. Starlinks, mesh networks, and each that. Because adjacent if you person mattresses, adjacent if you person food, yes, you tin past for a mates of days. But if you bash not person immoderate communication, particularly if this connection is secure, if it's private, and if your force cannot way it, this is the core. It's 1 of the cores that you request to clasp connected to. So this is what we person been doing.
Regarding what Lyudmyla said. Yes, of course, galore radical deliberation that Bitcoin is conscionable astir wealth and nary 1 thinks astir it arsenic a protocol. As a protocol of communication, arsenic a protocol of receiving and sending the data. I deliberation that this is 1 of the problems here. No 1 thinks astir that. We person been utilizing Bitcoin and the Lightning Network arsenic a protocol to communicate, send, and person information.
I deliberation astir apt dissimilar [inaudible] I deliberation that really starting to speech with the regulators astir this, it is simply a downfall and is simply a precise incorrect prime to marque due to the fact that Ukraine arsenic a full has been 1 of the archetypal flags. One of the archetypal countries that person been driving Bitcoin adoption passim each these years. Since 2000, astatine slightest 13, and close now,
the much you're talking with regulations, the much you're talking with the regulators, the much restrictions you get. In times of war, it really does not payment you overmuch but it tin really trim your power. It tin trim your possibilities, and it tin trim immoderate ways that you tin assistance mean radical and regular people. The much you speech to regulators, the much regulations they volition enforce connected you, and frankincense the little assistance you tin really supply to those people.
I cognize it's a precise unpopular sentiment but it [crosstalk]…
[62:55] CK: No, I deliberation it's a precise fashionable sentiment for radical successful this country astatine least. I deliberation that's precise valid. Thank you some for sharing your very...[crosstalk]
[63:05] Gleb: Yeah. I mean...
[63:06] CK: Yes, spell ahead. Yeah.
[63:07] Gleb: Their inaugural is truly good. Well, I don't cognize galore details. I was similar it covered by Bitcoin Magazine oregon thing if that's possible. Because astir apt each different day, I archer however it's a occurrence that the net inactive works present and successful Mariupol and successful different places. They tin pass with the outer world. It's precise awesome and a large portion of the... I'm gladsome that they did a much originative attack than maine conscionable buying nutrient for displaced radical successful the aboriginal times.
[63:42] Olga: Yeah. Sorry for interrupting, I saw 1 of the flaws erstwhile my firearm really got caught. I understood that. Yes, determination were you and immoderate different initiatives that were trying to supply immoderate quality bid to assistance similar food, shelter, oregon thing to Mariupol but I recognize 1 of the flaws due to the fact that radical were not capable to pass due to the fact that 1 of the main connection stations were destroyed. This is wherefore we fundamentally raised much than 100,000 successful Bitcoin of course, successful bid to enactment this, successful bid to enactment the connection field, of the full warfare resistance. We understood that we request guys similar you to pass with radical successful Mariupol, Kharkiv, Kyiv, and everyplace astir the bid but you needed to pass with those radical that are successful request close now. So we saw this accidental and we saw this occupation and we are inactive trying to screen that happening successful bid to supply immoderate benignant of span betwixt your assistance and those that are successful request due to the fact that otherwise, determination would beryllium immoderate achromatic container and you would not beryllium capable to scope the radical that are successful request close now.
[64:57] Gleb: Thank you. Yeah, I'm precise gladsome you're doing that. Thank you. With the authorities stuff, well, I'm gladsome Olga is here. I'm a spot little critical. I'm gladsome that idiosyncratic tries to speech to them and possibly distracts them oregon wastes their time. Well, I'm conscionable trying to lend to a parallel strategy wherever I don't person to inquire support to usage Bitcoin here.
I don't privation to impact successful politics. I deliberation Libertarian parties are stupid. I deliberation we should physique a parallel strategy wherever we don't person to pass with them. While it's not possible, possibly we could usage immoderate advocacy. I don't know. I deliberation it's a harder taxable but I conscionable invitation everybody to the project, trying to physique a parallel system.
[65:42] Alex: Awesome.
[65:43] CK: All right.
[65:43] Alex: Well, I deliberation that's a large mode to close. Thank you truthful much, Gleb. Thank you, CK for hosting. You each tin cheque retired my article, “Currency of Last Resort.” If you privation to scope retired and enactment 1 of these groups, determination are 3 radical present connected signifier who are doing astonishing work. So thanks. Thanks again.
[66:00] CK: Yup, Please travel each 3 of these, travel Gleb, and cheque retired each of what they're doing. This signaling volition beryllium connected Twitter arsenic good arsenic posted to Bitcoin Spaces Live and connected Bitcoin Magazines. YouTube volition besides beryllium transcribing it. So get each of that connected Bitcoin Magazine. Thank you to Alex for the clip and for organizing this. Thank you, Gleb for answering each of our questions. Read Alex's nonfiction and beryllium well. Thanks. Bye.
[66:33] Gleb: See everybody. Thank you.
English (US) 