Live Video Updates

This recap covers the 118th weekly Honest Money Hour on July 2, 2026 — the first call broadcast live on streamTXC, X, YouTube, and Facebook simultaneously. Bobby Gray unveils Nectar.Pay, TEXITcoin's zero-fee crypto payment gateway for merchants, and lays out the ambassador program built to roll it out nationwide. Key topics covered: - streamTXC goes live: The Thursday call moved off Zoom for the first time, streaming through TEXITcoin's own AWS-backed live infrastructure to X, YouTube, and Facebook in parallel. - Ecosystem shipping updates: Blockchain Mint storefront is live for cold storage coins and hardware; the WTXC bridge is in bug-fix mode; the Beekeeper wallet is being paired to the merchant flow. - Nectar.Pay reveal: A no-fee crypto payment gateway for merchants — a direct swing at Stripe/Square's 2.9%+ take rate. Payments settle straight into the merchant's own cold storage (Beekeeper-linked coin), so TEXITcoin never custodies funds and no money service business license is required. - Cold storage as the on-ramp: Every merchant relationship starts with a physical cold storage coin as a real-time wallet backup — reinforcing the "your keys, your wallet" pitch and giving merchants something tangible on day one. - Ambassador program: A $250 kit gets ambassadors everything they need to demo Nectar.Pay to local businesses. Commission tiers scale from $50 per merchant signed (1–5) up to $150 per merchant (16+), designed to reward passionate community members who go deep in their market. - The bigger frame: Bobby ties the launch back to the "honest money" mission — building real utility instead of chasing influencers, and giving Bitcoin's original promise a second shot through a network people can actually spend into. Notable moments: Extended cold-open as the team wrestled with going live on four platforms at once ("I think we're live… are we live on Facebook?"). Candid riff on why crypto squandered its early shot at replacing broken money, and why utility — not hype — is what earns the next wave. Action items / what's next: - Merchants and ambassadors can sign up for Nectar.Pay through the ambassador kit. - Continued rollout of Beekeeper wallet + cold storage pairing for every new merchant. - Blockchain Mint store is open for cold storage coin orders. - Next Thursday's call will again stream live on streamTXC, X, YouTube, and Facebook.

This summary recaps the 117th weekly 'Honest Money Hour' call hosted by Bobby Gray on June 25, 2026. This week's session, titled "We Did It," serves as a definitive turning point for the TEXITcoin project following months of regulatory scrutiny and quiet development. Bobby Gray details the transformation of the project's digital infrastructure and the health of its "war chest," while setting a bold goal to reach the CoinMarketCap Top 100 by September 2026. Key topics covered: - Transition to X (formerly Twitter): Next week's call will likely move from Zoom to X to leverage public algorithms and increase community reach. - Infrastructure and Web Overhaul: A massive update to the TEXITcoin website was unveiled, including a full white paper, a dedicated mining facility page, and a "Build" section for open-source developers. - Brutal Transparency Strategy: The new "Proof" page on MineTXC.com offers unprecedented access to project financials, including real-time expenditures on legal fees ($1M+), marketing, and retained earnings. Bobby emphasized that while errors were made, they were documented transparently. - Financial Health and War Chest: Gray revealed that despite legal hurdles and market volatility, the project maintains approximately $15 million in retained earnings/assets (including real estate and mining rewards) to fund future growth. - Operational Success: The new mining pool is successfully merge-mining five coins (Litecoin, Dogecoin, Iskander, TEXITcoin, and ZeroChill), generating over $72,000 in monthly revenue from Doge and Litecoin alone to cover electricity costs. - Future Products: Introduction of "Nectar Pay" (a no-fee crypto payment gateway), the "Beekeeper" wallet for cold storage integration, and the "CryptoU" educational platform. Notable Moments: Gray addressed the Texas State Securities Board (TSSB) directly during the call, using AI to live-update the website with a "cheeky" strike-through on a witness list they requested be removed. He described the project's journey as moving from "optimistic" to a state of "inevitability." Action Items / What's Next: - The project is re-engaging Luna PR, embedding a top consultant in the Singapore office for three months to lead a global marketing push. - Aiming for a CoinMarketCap Top 100 standing by the Token 2049 event in Singapore (September 2026). - The Blockchain Mint online store is expected to go live within days, allowing users to purchase physical hardware and cold storage coins. - Users are encouraged to move funds off DexTrade due to mounting platform reliability issues.

# Marathon Week Day 5: Recap & Housekeeping * Bobby Gray hosts the final day of the 5-day marathon call series, post-SEC interview and a 4-month quiet period. * Acknowledges declining attendance over the week but thanks the dedicated community members. * Announces a return to the regular schedule of Tuesday and Thursday night calls after the marathon. # Website & Transparency Upgrades * **Information Archiving:** All community calls are now archived and transcribed on the TEXITcoin.org website, creating a searchable index for the community and search engines. * **Proof System Overhaul:** The proof system is undergoing a massive upgrade to provide radical transparency. * It will move beyond simple charts to include detailed, verifiable transaction records for all project expenses. * The system is currently in migration, showing incomplete data (e.g., it incorrectly shows zero spending on promotion, overhead, etc.). * Users are warned that the numbers are not yet accurate and to not jump to conclusions. * The goal is "full disclosure," including records of ASIC purchases with transaction IDs and even Bobby's own compensation (~$6 million). * Bobby defends this level of transparency against community and legal concerns, stating it's foundational to the project's integrity. # The Core Question: "What Are We Doing?" * Bobby initiates a soul-searching discussion about the project's purpose, prompted by the personal and financial toll it has taken. * He reflects on the challenges: depositions, legal fees, online attacks, and personal sacrifices like missing his daughter's 21st birthday. * The central theme is to pause, reflect, and re-evaluate the mission and motivations behind TEXITcoin. # The Origin and Evolution of the TEXITcoin Mission * **The Pivot from Physical to Digital (2023):** Bobby recounts his decision to leave the physical coin manufacturing business due to physical strain, changing market dynamics (JM Bullion dropping a key product), and a feeling of stagnation in his "honest money" quest. * **The "Lightbulb Moment":** Inspiration for TEXITcoin came from hearing Michael Malice discuss "Texit" (Texas secession) on a podcast. This connected three key elements: 1. **Technology:** Cryptocurrency. 2. **Marketing Strategy:** Network Marketing. 3. **Mission:** A cause people could rally behind. * **Phase 1 - Texas Secession:** The initial, explicit mission was the "immediate secession of Texas from the crumbling United States," capitalizing on the political climate of 2023. * **Phase 2 - The Post-Election Shift:** Following the November 2024 election of Donald Trump, the secession narrative was "backburnered" as the focus shifted to "Make America Great Again," making secession a less urgent or relevant goal for the community. * **Phase 3 - Honest Money:** The mission evolved to be about an "exit from financial tyranny," with "Honest Money" becoming the central theme. # Motivation, Money, and The Path Forward * **The Motivation Spectrum:** Using a whiteboard analogy, Bobby discusses the spectrum from pure altruism to pure selfishness, placing TEXITcoin in the realm of "personal benefit" while still considering "ecological consequences." * **The Role of Money:** Bobby is candid that he is personally motivated by the financial opportunity, arguing it's a virtuous and powerful incentive that keeps the project moving forward. * **Community Polls:** 1. On the current U.S. administration: 79% felt they got "more" than expected. 2. On funding Texas independence: 82% voted "Absolutely not." * These results suggest the community has moved on from the original secessionist mission. * **The Plan to Win:** Bobby reiterates the project's foundational bet: building a 100M megahash mine will result in a billion-dollar coin. This is achieved by building a high-quality network and using the project's massive financial resources for promotion. # Conclusion: Redefining the Mission Together * Bobby concludes that the mission is what holds the community together, especially during tough times, and it needs to be clearly defined. * He calls for the community to reflect on what the mission should be now: Is it still Texit? Is it Honest Money? Or something else? * A new, clear plan is being developed to help TEXITcoin recover and succeed, and this requires a unified mission. * He reassures everyone that the project is strong, with great people, significant resources, and a bright future with upcoming projects like Crypto U, CryptoPop, and StreamTXC.

# Opening and Personal Note Bobby opens from Singapore with a heartfelt birthday message to his daughter, then pivots to why he's abroad: focus and legal prudence. Working outside the U.S. enables uninterrupted productivity and mitigates risks tied to current U.S. regulatory actions. # Legal and Location Update - Texas: An emergency cease-and-desist from TSSB is live on the site (served via the project's IPFS gateway). It outlines four specific prohibitions, including offering securities and acting as unregistered dealers/agents. Allegations include "fraud by concealment" related to past bankruptcy; Bobby disputes the characterization. - SEC: The matter is a civil investigation. A London interview (not a U.S. deposition) was conducted under oath; Bobby retained the right to decline certain technical-law questions. No criminal charges; if actual crimes existed, DOJ referral would be required. A Wells notice would be the next step if the SEC moved toward litigation. - Rationale for staying abroad: avoid any appearance of violating orders (citing lessons from a 2013 TRO experience) and remain fully focused. # Market, Listings, and Communications - Market cycle: Price is "obnoxiously low," below the value of project-held assets, by his account. The team will not pay influencers or artificially pump. - Listings: MEXC delisted following price rules. BitMart US is possible but requires top-200 CMC/CG rank and a $300k fee—premature at present. - CMC status: TXC is now CoinMarketCap-verified, a prerequisite for rising into higher tiers. - SEO/archives: Calls, transcripts, and summaries are being centralized on the website (Live Zoom Updates) and pinned to IPFS so AI/search can correctly index the project's own source-of-truth. # Network Status and Policy - TXC runs a public, permissionless network: anyone can run a node, inspect mempools/block explorers, and fork the code. Average block time ~3 minutes. Recent upgrades emphasize reliability. - Mining policy: Primarily Texas-based; consideration to allow home miners outside Texas may go to a community vote. - Context: Bitcoin is congested and costly per transaction, while even top coins like Litecoin show underutilized blocks. TXC aims to fill blocks with real utility, not speculation. # Utility Roadmap: Layer 2 and Apps - StreamTXC (live): On upload, videos are transcoded (360/480/720) and timestamped to the TXC chain via OP_RETURN, establishing provenance. Storage lives on IPFS and decays unless extended by micro-payments (e.g., ~3.087 TXC/month). Viewers can also pay to comment (min 0.01 TXC), deterring spam. Bobby demoed sending 15 TXC to extend a video's life. - CryptoPop (live): A proof-of-participation token minted on TXC Layer 2 (Omni). Event sign-ups automatically issue POP rewards on-chain—being used to grow the audience for Token 2049 Singapore and future engagements. - Mining payouts: Daily rewards to ~50,034 recipients are visible in mempools; payout batching is moving from manual to automated. - fair.money (in progress): NFC-based payments for fairs and festivals to showcase real-world throughput. A public demo is planned soon. # Messaging, Compliance, and Culture - Language matters: Replace hard predictions with "aspirational" framing. The project will not pay influencers; growth will come from utility and positive PR once legal clouds clear. # Calls to Action - Explore Build on TXC resources, run a node, or build atop Layer 2. - Try StreamTXC (timestamp content, extend storage, post paid comments). - Claim CryptoPop at events and share feedback. - For support, use help.honest.money. - Watch the SEC update replay and AI-generated summary via Live Zoom Updates.

THE GIST We took the West Coast Tour on the road and proved the lights are very much on. Colorado packed out (Lakewood was a home run), Sacramento ran two strong sessions in one day, and Phoenix filled the room. The vibe has shifted from “are you still alive?” to “who’s in?”—face‑to‑face, hard questions, clear answers, and people re‑engaging, upgrading, and enrolling in Iskander. I laid out what the Iskander Digital Mining Cooperative actually is and why we built it this way: a Wyoming DUNA (decentralized, unincorporated nonprofit association) that runs as a true cooperative. Not an MLM, not a security—counsel‑vetted. Our constitution is posted on‑chain/IPFS, and a 7‑person Board of Administrators (Eddie, Tim, Gaige, Thomas, Corey, Jay, and me) now steers with open access and committees for enrollment, comp, tech, sales/marketing, mining, regulatory/compliance, and finance. Members participate, vote, and help build. Full transparency is live—money in, money out, docs linked (yes, you can click the BitMart agreement) so everyone sees the engine working in real time. We baked in three big changes: 1) diversify mining beyond Texas to de‑risk and chase the best power globally; 2) remove the old 10% international cap so we can actually scale (hello, Bangladesh and friends); and 3) a hybrid promo model—TEXITcoin stays utility‑first with no pump games, while Iskander turns on curated micro/mid‑influencers (met at Crypto Polo Cup) to add reach without flash‑in‑the‑pan nonsense. We’ll deploy budgets now, not “someday,” and show the velocity weekly. Quick hits: prioritize Pionex for a US‑friendlier ISK pair; steer clear of DexTrade; MEXC will delist TXC for price‑rule reasons but can relist later; Conroe containers are set and near go‑time; ISK cold storage coins are minted and headed to Batam for laser; TXC miners still pay daily; IDMC is the growth engine. This isn’t get‑rich‑quick—it’s roll‑up‑your‑sleeves, build, and win. What’s next: Wichita on 6/24, Benton, AR on 6/27, and Fountain Valley, CA on 6/30. If you can fill a room, we’ll show up. We’re seeking committee chairs (finance and regulatory/compliance are hot—Joe Jaquint is in the mix for finance). SEC status: ongoing investigation, no action; TSSB hearing is Aug 17–20, so TXC sales in Texas remain paused. Bottom line—community, transparency, and execution. We’re alive, we’re not quitting, and the Honest Money ecosystem is moving fast.

THE GIST Well howdy folks, it has been a crazy few months of radio silence, but we are back and firing on all cylinders. This call is a massive tech update showing how we took a nasty web wallet exploit in May, fired the old developers, and used AI tools to rebuild our entire TexitCoin ecosystem from the ground up. The walled garden is officially torn down, our code is public, and we are handing the building tools directly to you. KEY TAKEAWAYS We had a right nasty security incident with our web wallet between the 17th and 28th of May. Instead of slapping a band-aid on it and hoping for the best, we flat out fired the old development team and decided to rebuild every single thing they ever touched so we could do it the right way. My buddy Cory showed me what these new AI coding platforms like Lovable can do, and I spent a solid month living in front of my Mac, just coding morning to night. Instead of begging gatekeepers for updates and waiting months, we took total control and built a vastly better, faster suite of tools ourselves. We made this network entirely permissionless. Everything is public now, meaning you do not have to ask me for a node key ever again. We placed our core code on GitHub, spun up new polished block explorers, and built a node spinner so you can build on our chain without waiting on the suits to give you the nod. Transparency is the name of the game, especially with the SEC peeking over our fence lately. We built a new Open Books system that puts every single payroll expense, receipt, and ASIC miner purchase right there on the blockchain for the whole wide world to see and verify. We are not stopping at just block explorers and ledgers. Cory has put together a downright incredible gamified learning platform called CryptoU, complete with an animated owl, and I am finishing up StreamTXC, an on-chain video service that proves ownership of your content. We are handing you the full Honest Money toolset so you can start creating right alongside us. TIMELINE OF THIS PAST YEAR I started out way back in 2008 trying to save the world with old-fashioned physical gold and silver, which blew up in my face spectacularly in 2013 and gave me a nice long beach vacation in Thailand to think about my transgressions. Fast forward to this crazy year. February and March of 2026 had me buried deep in legal headaches and SEC stress. By April, Cory showed me the Lovable AI tools and I got absolutely hooked on building. Then, right between May 17th and 28th, we got hit with that brutal web wallet exploit. But that disaster became our cleansing moment. We spent the last month quietly coding our entire ecosystem from scratch, bringing us right here to mid-June with a totally open network ready to change the world. WORTH FLIPPING TO When Cory shows off his gorgeous new crypto wallet design, proving how a little UI polish makes our decentralized tools look and feel like a million bucks. My little tangent about how HD wallets work, and how our new EVM browser wallet automatically rotates receiving addresses so Ledger can't track your life story. Our walkthrough of Lovable AI's remix feature, where I show exactly how anyone in our community can clone our production code and build their own custom decentralized apps without starting bare. Cory giving a sneak peek at CryptoU, featuring Wiley the Owl and our new tiered freemium onboarding that makes learning about honest money a whole lot better than public school. My wrap-up of the new open financial books system, showing exactly how we timestamp every single dollar spent directly to the blockchain to keep things perfectly transparent for regulators and our community.