Blockchain's Core: Trustless Money & SEC Scrutiny

Audio shared by Bobby Gray: Traditional systems. That raises an important question.

Audio shared by Bobby Gray: There's no central authority keeping track of everything. How does the system actually work? How do we know transactions are real? How do we prevent someone from spending the same money twice? Solve that problem? Something entirely new had to be created. That something is called the blockchain. For Satoshi Nakamoto, Bitcoin's mysterious creator, to create Bitcoin.

Audio shared by Bobby Gray: He needed a way to fix the problem with virtual digital internet money. Double spending.

Audio shared by Bobby Gray: Think about it.

Audio shared by Bobby Gray: If there's no one respected central authority tracking balances and transaction histories.

Audio shared by Bobby Gray: Who's to know if you already spent your Bitcoin?

Audio shared by Bobby Gray: The real magic of Bitcoin's breakthrough is called the blockchain.

Audio shared by Bobby Gray: And it's the financial technology at the very heart of the cryptocurrency monetary revolution.

Audio shared by Bobby Gray: Every digital file, a picture, video, text message, email, anything digitized, has a digital fingerprint.

Audio shared by Bobby Gray: And just like fingerprints, no two are the same.

Audio shared by Bobby Gray: These digital signatures, known as hash values, form the basis of digital forensics and cryptography.

Audio shared by Bobby Gray: When a Bitcoin wallet creates a transaction, indicating a transfer of any amount of crypto from one wallet to another, this isn't done as an update to a centralized database.

Audio shared by Bobby Gray: Instead, it's an announcement to the entire community, transmitted from peer-to-peer across the entire network. The Bitcoin mining supercomputers listen around the clock for these announcements.

Audio shared by Bobby Gray: Little bundles of code that indicate the sender, recipient, amount, and any other secure information that may be included in the bundle.

Audio shared by Bobby Gray: The miners gather up all the announcements that take place in a certain period of time, sorting them by how much each sender pays for processing fees.

Audio shared by Bobby Gray: The miners crunch these transactions into a single block.

Audio shared by Bobby Gray: And when the block is full, the miner figures out the block's hash value, its digital fingerprint.

Audio shared by Bobby Gray: The first miner that finds the answer to the energy-gulping mathematical mystery is awarded freshly-minted crypto coins.

Audio shared by Bobby Gray: Each block of transactions is connected to the next block with the unique hash value, like links in a long chain. If any transaction in the completed mined block is modified, the unique hash value changes, and the link in the chain of blocks is broken. Once 51% of the mining community agrees that a block is correct.

Audio shared by Bobby Gray: And the final hash value is accurate.

Audio shared by Bobby Gray: The block is considered confirmed, and the process of building the next block in the chain begins.

Audio shared by Bobby Gray: The Bitcoin network has created almost a million blocks so far, linked forever together in a long, permanent, immutable chain, using cryptographic hash values.

Audio shared by Bobby Gray: Brilliant!

Audio shared by Bobby Gray: Every miner participating in the verification process stores a copy of the chain.

Audio shared by Bobby Gray: Creating millions of identical records scattered across the network, and no single point of failure, or central trusted authority that can fraudulently modify the chain and get away with it. The good news? Blockchain is the pinnacle of trustless money.

Audio shared by Bobby Gray: Blockchain makes digital, decentralized, peer-to-peer money possible. The bad news? Blockchain technology is wildly inefficient. Bitcoin uses millions of supercomputers and hundreds of terawatts of electricity, enough energy to power a medium-sized country, and it grows every day.

Audio shared by Bobby Gray: And to think that all this transaction processing could be done with a handful of centralized mainframe computers.

Audio shared by Bobby Gray: Here's the compromise.

Audio shared by Bobby Gray: Blockchain technology trades efficiency for transparency.

Audio shared by Bobby Gray: Instead of trusting a central authority, the community relies on each other and each participant's investment in technology, infrastructure, and electricity to ensure fairness, accuracy, and reliability.

Audio shared by Bobby Gray: When you hear blockchain, think permanent, immutable, trustless, provable.

Audio shared by Bobby Gray: Blockchain is the backbone of honest money.

Audio shared by Bobby Gray: Thanks for watching!

Bobby Gray: All right, there you have it. Welcome, welcome to another Thursday night edition of Honest Money Chat with your host, Bobby Gray, founder.

Bobby Gray: Eyeglass wearer in his old age.

Bobby Gray: Texacoin.

Bobby Gray: I guess I put that in the wrong order. Founder of Texacoin, Eyeglassware in his old age. Good evening, welcome, thanks as usual for spending your evening, my morning with me, joining you live from Singapore.

Bobby Gray: It's a little cloudy out there today. It's not quite as bright and sunny as it usually is, but it's bright and sunny in my world here in Singapore, because I've got, something very exciting going on.

Bobby Gray: you know, one of the big questions on everyone's mind is, like, what's next? We appreciate that you still show up on a semi-regular basis.

Bobby Gray: maybe even showered and coffied from time to time. But that's not how you convince us that this thing ain't over. We're gonna be convinced that this thing ain't over when the price starts going that way.

Bobby Gray: Yeah, I hear ya.

Bobby Gray: And I got a plan! Bobby's got a plan. We've heard that before. Incidentally, the last plan was actually pretty good, and it worked. This one should too.

Bobby Gray: So welcome, gather around, grab something to drink. I've got myself a new, juicer.

Bobby Gray: So this is beetroot, ginger, because I'm now dealing with land sickness.

Bobby Gray: This is beetroot, ginger, and carrots, apples, a whole bunch of other things, I don't even remember, but it's quite good, actually.

Bobby Gray: maybe I'll make my teeth purple for today's call, or some sort of odd, colorful…

Bobby Gray: Concoction from coffee and beet fruit juice.

Bobby Gray: Be that as it may, thank you very much again for joining today. Look, these calls are more difficult for me than they normally are, because

Bobby Gray: you know, when I'm doing them from the US, and they happen at, like, 6 or 7 o'clock at night, I've got all day to, like, let concepts rattle around in my brain before I'm, like, on camera and expected to perform and sing for my supper.

Bobby Gray: And and so now I get to, like, wrestle with whatever my subconscious puts in front of me for my dreams.

Bobby Gray: Wake up.

Bobby Gray: Shower off real quick, get a cup of coffee. And the problem is that, these last couple of weeks.

Bobby Gray: are a very intense time for us right now with, you know, with Iskander and working with the USA team. So, I don't have the luxury of following my preferred in-bed by 10 p.m. schedule up at

Bobby Gray: 6 AM, workout, which has never happened before, just for the record. I bought a pair of workout shoes.

Bobby Gray: They're still in the box.

Bobby Gray: you know, work out, have a cup of coffee, take a quick shower, rinse off, plan my call, and be ready by 8 AM. We're not there yet. We're not there yet. And,

Bobby Gray: And so I think that's a good thing. You know, the more productive I am in my late evening hours working with the team on state side, which is right now, maybe tuned in, joining live from…

Bobby Gray: Beautiful, sunny Florida. Is that right? I don't see any of my normal co-hosts.

Bobby Gray: on this call. Maybe I don't have any co-hosts. Maybe they're out there, but they're just not co-hosted. What's up, Bruce? Bruce is there.

Bobby Gray: I see… Who else is on the call? Hold on…

Bobby Gray: Gage is there, there's Gage, let's promote Gage.

Bobby Gray: gauge is promoted.

Bobby Gray: Jason Hummel, hello, Jason, good evening. Jay is out there, Jay's promoted.

Bobby Gray: It's totally the opposite of being graduated. What's up, Joey?

Bobby Gray: Who else is here? Lonnie's there, Mark's there, Mark's in Florida with the team.

Gaige Blake: Bobby, we got the whole team out here!

Bobby Gray: Oh, let's see him, hold on.

Gaige Blake: Steve! We got Tim!

Bobby Gray: That's great.

Gaige Blake: Mexican crew back here.

Bobby Gray: Hello, everyone.

Gaige Blake: We're poolside, and we're getting you up on the big screen right now.

Bobby Gray: Oh, no, that's a lot of pressure. That's a lot of pressure, prime time.

Gaige Blake: I don't know, I think that's all I really got.

Bobby Gray: Tell me the truth, who won the golf, round today? Who did?

Gaige Blake: I don't know if there was a big winner, per se, but I think it was more of there was the better of the worst. There was a best of the worst.

Gaige Blake: From what I heard.

Bobby Gray: When we talk about winning, we can talk about it in terms of cans of beer consumed, number of golf balls lost to the Gators, like, I'm good with any metric for that, you tell me.

Gaige Blake: So, so, I think Tim here took home the trophy.

Bobby Gray: What's up?

Gaige Blake: The golf today. He wants to know who the big winner was. Oh yeah, we did good. It was a beautiful course. It was really fun. You know, that's one of the things that was…

Gaige Blake: Just absolutely wonderful about

Gaige Blake: being a part of Texacoin in the beginning was all the community events, us getting together, fellowship, having a great time, and that's what we're bringing back on this little tour, Bobby, that we've been doing here. And, you know, we've been very well received. We just finished a great

Gaige Blake: Dinner with your beautiful wife. She took about 15 of us out, for dinner.

Gaige Blake: We've got a beach day tomorrow that we're doing, and then we're gonna be getting ready for the Crypto Polo event, that's coming up here. And instantly, it turns out that Texacoin, we get to announce the winner of the Crypto Polo event, so that's kinda cool.

Bobby Gray: I've never been to a polo event? Is it with horses?

Gaige Blake: Yeah, and it's awesome!

Gaige Blake: It's awesome. I went to the one that they invited me out to in Arizona back in November. Yeah. And, these guys bet a lot of money. I talked to one of the coaches there, and he was also a player, player and a coach, and they throw around some big money at these polo events, betting on each other.

Gaige Blake: They're betting on themselves to win, and it's hilarious.

Bobby Gray: I almost wanted to play water polo when I was a younger man, because I was like, that sounds easy, just walk around in a pool all day, and then you get to, like, throw a ball. They're swimming the whole time! And now I find out with regular polo, they're riding a horse the whole time.

Bobby Gray: Yeah. It's… I can do one or the other. One or the other. It's like walking and chewing bubble gum, I mastered that long ago, but riding a horse and hitting a ball, like…

Bobby Gray: No.

Bobby Gray: No, that's…

Gaige Blake: And the field is huge, it's like the size of a football field. They're running back and forth, trying to hit this ball in, like, a hockey-sized net, which is tiny, extremely tiny!

Bobby Gray: Well, good for you guys, good for them, and like Tim mentioned a moment ago, you know, look, when I started this thing, I told you it was about 3 things. 3.

Bobby Gray: Profit…

Bobby Gray: fun and community. And all three of those things matter. We didn't throw the last one in just to, like, make it sound good, just to, like, like.

Bobby Gray: I don't know, make sure that it's more than about something other than the money. You know, it's like the be-do-have thing. You know, our results and our success are not driven by, like, our salesmanship. They're driven by the fact that we're doing something fun, and people want to be a part of it.

Bobby Gray: it's like a thousand bucks to get in. And so…

Bobby Gray: you know, community is such a big part. Like, we talked about on maybe last week's call, if I remember correctly, you know, I've said that authenticity is the corner of the realm. Today, in 2026, human interaction.

Bobby Gray: might be just as valuable, if not more. Bringing people together, getting them off the couch, setting down the tablet, or the smartphone, or whatever it is that they're, you know, stuck in, putting down the media, the TikTok, and just…

Bobby Gray: sharing a few moments in time with other people, like, that's a powerful thing. And, and we've got it. We're brought together by our mutual self-interest.

Bobby Gray: You know, by our own desire to make our lives better. I don't know what it is today that brings the mainstream Bitcoin community participants together.

Bobby Gray: I'm not really sure, because… It's hard to get excited.

Bobby Gray: about banks. You know, I'm watching these consensus daily update messages come through, like, what happened today at Consensus? Oh, JP Morgan announces their new blockchain initiative. Oh my gosh, BlackRock is now, you know, all in on Bitcoin. It's like, yay.

Bobby Gray: And we talked about it at the very tail end of last week's call, about how, you know, like, we may need to start refining our message a little bit.

Bobby Gray: Because, you know, from day one, we've always said, like, we're not adversarial, we're not here to end the Fed, end the Fed. I waved that sign, you know, long ago with my kids. My kids were, like, 3 years old. We were, like, out there shouting at buildings in downtown Dallas.

Bobby Gray: We're not here to kill the banks, we're not here to, you know, be the Bitcoin killer.

Bobby Gray: That's not it!

Bobby Gray: It's not it. My whole career, I've been a complimentary currency guy. That means that we don't need to kill the other one for us to win. We want to give people options. We want to give people multiple opportunities to decide for themselves.

Bobby Gray: You know, how they want to approach money and value.

Bobby Gray: And the problem with that is that

Bobby Gray: At the heart of, you know, what we're really doing is… you know…

Bobby Gray: probably adversarial. It's probably something where, you know, where we need to win, and the other guy needs to lose.

Bobby Gray: And that's a tough thing, because I've never done it that way. You know, I've never thought of it that way. I think we can all win together. The Bitcoin guys can win. Those banker guys, they can win too.

Bobby Gray: But, you know…

Bobby Gray: you look at it from a philosophical standpoint, and you realize that, you know, you can only have it one of two ways. It's good or evil. You know, what we're doing is good, and what they're doing is evil.

Bobby Gray: And if what they're doing is evil, and I say they, I'll come back to define they in just a second, if what they're doing is evil, then it's gotta go, and good needs to triumph, as it always does, in the long run.

Bobby Gray: And so, you know, we can't be like, well, you guys are a bunch of, like, murderers and thieves and…

Bobby Gray: liars and bad people, but, like, yeah, I understand you guys want to attend the party as well. So what are we talking about? You know, we're talking about…

Bobby Gray: The same banking cartel that has put humanity into this economic, financial slavery situation that we've been slowly but surely devolving into over the last several hundred years.

Bobby Gray: Now, you guys have seen the videos about, you know, money as debt, and about, you know, the goldsmith, and how…

Bobby Gray: you know, that whole thing opened up the door for fraud with warehouse receipts and fractional reserve banking, and it's like, you look at all these things over time, did they have that planned all along, or did it just happen to work out for them a particular way? I don't know, it wasn't there.

Bobby Gray: But it's evil! And evil's gotta go!

Bobby Gray: And so, you know, we may not always be able to, like, walk into this thing as these friendly, you know, ambassadors of honest money. We might have to eventually step back and be like, what are we really doing? No, no, no. We're here to do the right thing, and if we're gonna win at the right thing, it means that the bad thing's gotta go.

Bobby Gray: But I get into this because, you know, we have something that's exciting. We have something that people want to take time out of their evening on a… let's say, Thursday? On a Thursday night, and tune in and listen to me babble for a while.

Bobby Gray: You know, with no upside, with no incentive, no one's paying you to be here, like, we've got that. That's what we have. Those guys, you know.

Bobby Gray: I don't know what it is that draws people out to those kind of events, to pay top dollar, to listen to the banks tell you about how they're all in on blockchain technology. OMG. Boy, did we have it wrong. We are so sorry. Listen to us now.

Bobby Gray: You know, if you guys ever watched my congressional testimony from back in 2012,

Bobby Gray: I said kind of the same thing when the government was talking about…

Bobby Gray: legalizing gold and silver. You know, Dr. Ron Paul, personal hero, the guy that has done more for freedom and liberty in America than maybe anybody else that's alive today.

Bobby Gray: There's a lot of good people out there, he's the best.

Bobby Gray: And you look at, this honest money legislation, and I went to Congress and I said, stay out of it, man.

Bobby Gray: Don't pass this stuff. As soon as the government gets involved in legalizing gold and silver, they're going to want to put a line item on your 1040 that says, how much gold do you own? How much silver do you own? We want to know.

Bobby Gray: You know, government is never the solution. Why? Because they're mostly made up of psychopaths.

Bobby Gray: And so…

Bobby Gray: You know, the same thing can be said for these bankers that are showing up now and being like, oh, blockchain, we had it all wrong.

Bobby Gray: And what's happening now in the realm of RWAs, real-world assets and tokenizing, they're not doing anything revolutionary. They're saying, here's a stock.

Bobby Gray: And we're gonna tokenize it. And now you're gonna be able to buy it through a regulated, centralized exchange like Coinbase, instead of buying it through your regulated, centralized brokerage like Schwab. How is that for revolutionary?

Bobby Gray: And the blockchain guys get down on their knees. Oh, thank you so much for tokenizing these RWAs that I already could have accessed and purchased through any one of a hundred other things.

Bobby Gray: It's silly. It's really silly, because they still are demonstrating a big, complete misunderstanding entirely of what we have.

Bobby Gray: with blockchain technology. The financial technology at the core of cryptocurrency, and this is the important part, gives you and me the ability to trade and exchange value together, without having to go through a bank, or a brokerage, or a centralized exchange. That's the magic

Bobby Gray: that is at the core of these systems. That's what matters. It's just like what, like, happened with Napster and file sharing music. I mean, look at that same trajectory, right?

Bobby Gray: I was, I was… I was a tech guy back in, like, you know, my early career. Started my own tech consulting company in 1997, when I dropped out of high school. Yeah.

Bobby Gray: Started my own tech company.

Bobby Gray: And, you know, I got into it because my dad was into the tech stuff, he had his own little, you know, home-based business.

Bobby Gray: And doing computer stuff, and I learned how to type at a very young age, so that made me real computer-friendly in, like, 1994, 95, and I had some fancy 46…

Bobby Gray: you know, SX25 on my… on my, like, 13-year-old bedside desk.

Bobby Gray: Anyway, I got into IT at a young age, and and I remember in, like, 1999, somebody was having a wedding, and they were like, we need to make, like, a playlist. And isn't there, like, a thing called the internet now that gives you the ability to, like, like, download songs or something?

Bobby Gray: And I'm like, yeah, I got this.

Bobby Gray: bring up Napster.

Bobby Gray: man, I downloaded all the greatest songs. I downloaded the Golden Oldies and, you know, all these really great classic songs. I was, like, the guy that knew how to get to these, you know, file-sharing things. And if you remember from the Facebook movie, what was it, The Social Network?

Bobby Gray: Where, Sean Parker meets Zuck for the first time, and he's like.

Bobby Gray: What did you do again? Oh, I created Napster. And he's like, yeah, but isn't that shut down? He's like, yeah, but do you see anybody opening a new, you know, what was it, Walls? The Walls? Where were people… we went to buy CDs when we were young? Do you see anybody buying a Sam Good, or opening a Sam Goody? What was that? Was that a place where we went to buy stuff?

Bobby Gray: Anyway, the industry changed when peer-to-peer file sharing came out, and the music industry went, we have to fight this. We have to fight this, we have to shut this down, because we need people buying CDs at the mall, or we're doomed.

Bobby Gray: No, no, no, they weren't doomed at all.

Bobby Gray: they weren't doomed at all, they just had to stop and step back and think of a different way to control their intellectual property. Now, I'm not saying theft is a good idea, and I'm not saying that we should be able to listen to music free and, you know, not, not pay our fair share to the artists that take their time and energy to create that stuff. That's not it at all.

Bobby Gray: But look at what happened when Napster, peer-to-peer file sharing, came out. The music industry

Bobby Gray: you know, dusted itself off, got its head on straight, and said, we have an opportunity here. People want to digitize music and bring it up into zeros and ones. Let them!

Bobby Gray: let's give them a catalog, where now, instead of having to go into, like, the dark web to find this stuff, they can just go to, like, Spotify.com.

Bobby Gray: And then we'll just rent the music to them. They're not gonna own it, they're not gonna go out and buy CDs, they're not gonna meet and mingle with other people at the shop and compare stories about what concerts they went to and what bands they love. No, no, no. They're gonna do it all from home, they're gonna download only the songs that they like, they're gonna play them over and over and over again, and we got them.

Bobby Gray: And now they're gonna just pay us every month for the same exact thing!

Bobby Gray: And this is a very, very similar situation, because what the industry was afraid of back in, you know, 1999, this peer-to-peer digital music file sharing thing.

Bobby Gray: Pave the way for them to come in and now make it so that we own nothing.

Bobby Gray: And we're happy.

Bobby Gray: And, you know, that's the same thing that's happening right now in crypto. You jump into crypto, you're all excited about it, you're mining at home on your computer, and your electric bill spikes, but man, you got this cool thing, and the banks go, whoa, whoa, whoa, that's so much work. Let us take care of it for you. Here's your blockchain, here you go, here you go.

Bobby Gray: Oh, and here's some money for the guys that got in early.

Bobby Gray: And a Lambo.

Bobby Gray: It's the same thing!

Bobby Gray: And we go full circle right back to where we are with, you know, the banks owning it and running the whole thing. And so, if we are out there helping the Bitcoin people community win, all we're doing is we're helping the banks.

Bobby Gray: They own it.

Bobby Gray: Between the public companies and the, you know, the money managers and the ETFs, and all that stuff, it's all banks now. It's all banks.

Bobby Gray: We're the only thing, the only thing.

Bobby Gray: that matters. The only thing that actually has traction

Bobby Gray: You know, why was I able to do my open currency standard stuff back in the early days, 2008, 2009? Because it was small, it was local, it was slow.

Bobby Gray: It had… posed no credible threat whatsoever to the Overlords.

Bobby Gray: They're bartering at Renaissance festivals with copper tokens? That's so cute! Let them! Let them. If they're having a good time, it's all good, just let them have it. Barrel of laughs, I'm sure.

Bobby Gray: Oh, well, hold on a second.

Bobby Gray: Oh, they got, they got, they got smart, they got big.

Bobby Gray: they brought in $150 million. They got 50,000 people. They got hundreds of people showing up for events that are…

Bobby Gray: All paid for by their own money.

Bobby Gray: They're chipping into a pot, that pot's getting used for, you know, these parties, and these events, and this outreach effort. They actually might have something here. Oh, they've got billboards now? 300 of them across the country?

Bobby Gray: They're advertising at every major airport? Oh, we need to… we need to kick that thing in the teeth, man. We need to shut that down.

Bobby Gray: Unfortunately, they didn't shut us down. You want a legal update? You want some legal updates?

Bobby Gray: Sucks on legal updates.

Bobby Gray: I just got notified this morning I'm scheduled for June 11th.

Bobby Gray: to, meet with our friends over at the SEC. This is…

Bobby Gray: I'm actually really looking forward to this, guys. And when I say guys, I mean my friends from the SEC, that are probably on this call. I'm really looking forward to it. I'm hoping that it's gonna be recorded.

Bobby Gray: And I'm hoping that I get a copy of the recording, because if you guys remember what I said to Congress back in 2012, I've got some new opportunities coming up in June to speak my mind. And I would love to have that chopped up into a sizzle reel.

Bobby Gray: That would be fun.

Bobby Gray: But anyway, so June 11th, meeting in London, England, with Council to have an 8-hour, deposition with the SEC. Really excited about it. Very excited about it. The reason I'm so excited about it

Bobby Gray: is because I know this stuff inside and out.

Bobby Gray: I know all of this stuff, like, the back of my hand. First of all, I've been doing this honest money thing since 2000 and late.

Bobby Gray: 2008.

Bobby Gray: What is that?

Bobby Gray: 18 years?

Bobby Gray: 18 years? 18 years!

Bobby Gray: What do they say? You gotta do something for 10 years to become an expert? Yeah, 18 years.

Bobby Gray: 18 years, gold, silver, honest money.

Bobby Gray: I got it. I've been in crypto since 2017.

Bobby Gray: when I showed up at the crypto party and said, holy crap, there's a movement here!

Bobby Gray: And I need to help them.

Bobby Gray: 9 years!

Bobby Gray: Is that 9 years? 9 years! A long time! I know it, inside and out. There's no question you could put in front of me that would stump me. I got it.

Bobby Gray: I'm probably the best one of us to represent this little thing of ours.

Bobby Gray: But I'm looking forward to it, because, you know, look, when you… when you know something.

Bobby Gray: suppose you're giving a speech, right? You, get up on…

Bobby Gray: Stage in front of an audience, and most people are scared to death.

Bobby Gray: Do I want to be on camera? Don't want to be on stage, don't want to have the microphone. I'd rather be in the coffin than giving the eulogy at the funeral.

Bobby Gray: That's how afraid most people are. It's the number one fear, fear of public speaking.

Bobby Gray: Okay, and SEC depositions aren't really public speaking, but you're kind of in the limelight, you're in the spotlight for a minute.

Bobby Gray: Anyway, you get up on stage and you go to talk, and if you're not really familiar with what you're talking about, you're pointing to your slides and you're reading off the slides most of the time that you're there, you're not really sure what you're talking about. That's why I never use slides when I do presentations, because

Bobby Gray: like, I know what I'm talking about, but as soon as you need me to, like, line it up with a particular slide, whatever that slide says, oh man, it's, like, starting over for me.

Bobby Gray: And so… when I,

Bobby Gray: Get up on stage, or when you get up on stage, you spend most of your conscious attention just remembering what you're supposed to say.

Bobby Gray: Until you've done it 10, or 20, or 50, or 100, or 500 times. And then it's just pure fun. Man, you get up on stage, you hit the play button, the words come out automatically, all in the right order. You don't even have to think about what you're saying.

Bobby Gray: Then, you have the ability to spend all of your conscious attention working on body language, non-verbal communication, watching your audience, seeing how they're reacting to the things

Bobby Gray: That you're saying that's what you have the ability to do when you know, when you know it deep.

Bobby Gray: As, of course, I know and love Honest Money and our project, Texit Coin.

Bobby Gray: So I'm excited about it. It's gonna be… it's gonna be a moment for me. And you. And us.

Bobby Gray: And I'm excited, but I got some big news about it this morning. I found out that the… our friends that are going to be conducting the deposition want to do it in person and will travel to London, England.

Bobby Gray: to, take my testimony live and in person, no Zoom. We're gonna do it for real, in person, on June 11th. That sounds like big news for all of us, I just found out about a couple minutes ago. What was my response? Are they bringing handcuffs?

Bobby Gray: Tell me they're not bringing handcuffs.

Bobby Gray: Oh man, let's hope that that's a funny, just, joke.

Bobby Gray: But no, guys, seriously, June 11th, I have an opportunity to sit down and share our story with the SEC, and I think we've talked about, kind of, what happened at the previous

Bobby Gray: Meet up with the SEC. You know, a lot has changed since this whole thing began. The SEC came out with their own guidance.

Bobby Gray: Their own clarification On crypto stuffs, that…

Bobby Gray: As a bit of a game changer.

Bobby Gray: In this… this matter. I can't say this case, because we're not, you know, in any kind of suit right now.

Bobby Gray: And so… Yeah, 8-hour deposition. It was a good speech, Eddie.

Bobby Gray: So, anyway, that's going down. For real.

Bobby Gray: And I'm excited about it, and I just hope… I just hope they give me a copy of the recording to share with all of you. Transparency is how we got here, guys. The lawyers are like, what did you do? You put everything out on a page on the Texacoin website? Yeah.

Bobby Gray: Yeah, if you want to know the whole history of our legal adventure, the only thing that's not updated there yet is the last, you know, half a million dollars or so we've spent on legal fees.

Bobby Gray: So, yeah, it's,

Bobby Gray: It's gonna be fun. Now, guys, look, the attorneys, the stuff that we talk about is protected under attorney-client privilege. My job is to not break that privilege. It doesn't really matter to me, because I'm not telling them anything that you don't already know.

Bobby Gray: or that I haven't already said in public. You know, the whole thing that… that…

Bobby Gray: They're looking for is the smoking gun in this deal, and they're just not gonna find it.

Bobby Gray: You know it, I know it.

Bobby Gray: they don't know it yet. And so, look, I always try to give them a little bit of a benefit of the doubt, where maybe they think we're a fraud.

Bobby Gray: And I'll tell you why I say that, because we had some follow-up questions come in from the SEC after the presentation.

Bobby Gray: And the follow-up questions were questions that indicate that they still don't

Bobby Gray: Believe that we're telling the truth.

Bobby Gray: Which I think is really good.

Bobby Gray: You know, like, I don't want them to think that we're a bunch of liars, but if they think that

Bobby Gray: We're not giving them the full story about

Bobby Gray: you know, the basics of our program, that means that once they figure out that we are, then this whole thing should go away. Or, at least at bare minimum, they'll determine that what we have in this case is not interesting for a jury.

Bobby Gray: And that's kind of what I said from day one. What I said from day one is like, look.

Bobby Gray: If we're not lying, cheating, stealing, if we're not doing it like the other guys, if we actually follow through on the things that we say.

Bobby Gray: That we're gonna do.

Bobby Gray: And there's no grand theft at the core of our thing, They're gonna go, boring.

Bobby Gray: Boring.

Bobby Gray: You know, fraud… is always the T.

Bobby Gray: That they get to sink into this thing.

Bobby Gray: And if there's no fraud at the core of what we're doing, if we're dealing with a classification in the securities realm that we need experts to get in and present to a jury, boring.

Bobby Gray: It'll put them to sleep.

Bobby Gray: It's not interesting, and it's not a sure win.

Bobby Gray: For either one of us.

Bobby Gray: But the point is that the questions that they were asking following up from this presentation indicate that they're not yet convinced that this thing isn't a fraud, which is great.

Bobby Gray: let them find out. For example.

Bobby Gray: You say that you sold 23, 24 million Megahash.

Bobby Gray: And yet your network is only running at 7 million megahash.

Bobby Gray: See? It's a fraud. I'm gonna go, whoa, whoa, whoa, whoa, slow down.

Bobby Gray: We talk about this all the time.

Bobby Gray: There's a gap between selling hash power, which happens week in, week out, we total it up at the end of the week, how much do we sell? Then we buy it.

Bobby Gray: We do that every Saturday night.

Bobby Gray: Saturday night, the numbers are in, how much hash was sold, and how much was earned.

Bobby Gray: You know, that's a really, really big part of it. I just did the numbers on that the other day and was kind of surprised. Think about it, right? 150 million mega hash.

Bobby Gray: Oh, sorry, $150 million, 23 million megash, 24 million megash. Okay. So, 24 million, you know, $150 million.

Bobby Gray: 150… sorry.

Bobby Gray: $150 million divided by $1,000 per seat means that we should have sold 150,000 seats. At 100 megahash per seat, that's 15 million megahash. So how did the network get up to almost 24 million? Because people earned

Bobby Gray: you know, 9 plus million… it's way more than that because of the way we count the, BOGOs.

Bobby Gray: Way more than that. I'll get an exact number for my presentation.

Bobby Gray: But we earned a lot of hash power, so how much did we sell, and how much did we earn? Okay, total it up, and go buy that. Okay, that's step one. Step two… well, step one is selling it, step two is buying it. Step three is paying for it. Unless I'm, like, dreaming up fake vendors and fake USDT payment addresses.

Bobby Gray: and paying it to myself, I'm buying the hash power. Every week.

Bobby Gray: Sharing that ash with you guys, making a big deal out of it.

Bobby Gray: You know, for us, transparency is a virtue. It's how we got here.

Bobby Gray: And it's not just, like, a good idea, it's the basis of our whole entire project.

Bobby Gray: And so we share that with you guys, and you see that we pay that vendor. Boom, same vendor, same payment. We've got two vendors now. We've been buying Hash Power from Fog Hashing, the company that makes the containers, which we're gonna get to in just a second. So we pay for it. That's step three. Sell it, buy it, pay for it.

Bobby Gray: Step 4 is they ship it. They don't always ship right away. Oh, we're out of stock on this one, and it'll take us a couple weeks. Okay, we don't need it right now. They ship it. Step 5, we receive it. That's a…

Bobby Gray: Massive undertaking by itself.

Bobby Gray: Tariffs? You guys remember this tariff discussion? I don't know how much money we're getting back in tariffs, but it might be a lot.

Bobby Gray: That would be fun. That'd be a little bit of a win.

Bobby Gray: We have to receive it. Sometimes it takes us months to get this stuff. Sometimes it gets stuck in immigration or customs.

Bobby Gray: on immigration. That's tariffs for people.

Bobby Gray: And then… The last step is we gotta set it up.

Bobby Gray: No.

Bobby Gray: You gotta remember, We're doing immersion cooling.

Bobby Gray: Immersion cooling requires its own dedicated infrastructure that's separate from, oh, we took it out of the box, we put it on the rack, we plugged it in, done, hashing.

Bobby Gray: Why do we do immersion cooling?

Bobby Gray: We do immersion cooling because it's way more environmentally friendly. Now, I'm not an environmentalist.

Bobby Gray: I'm trying to think of a really good example of how much of a…

Bobby Gray: Odd environmentalist I am, and everything that's coming to mind right now sounds terrible.

Bobby Gray: Hmm, so I'm just not going to say anything. I'm just gonna say, it's not at the top of my priorities. Oh, do I want to live in a beautiful world? Sure. Do I want there to be trash out there on the beaches in Thailand? Absolutely not. Do I cut down on my plastic consumption? I do.

Bobby Gray: It's really actually awkward, right? We're at the store, we're like, no bag. What do you mean, no bag? We don't need your plastic bag. We have enough plastic, hold onto your bag, use it for the next guy.

Bobby Gray: Anyway… I digress.

Bobby Gray: Point is… that…

Bobby Gray: we would like to be good members of our community. We would like to be good contributors to a, peaceful, quiet, you know,

Bobby Gray: What's the… what's the phrase in… Renting, I don't remember.

Bobby Gray: We would like to be a good neighbor.

Bobby Gray: And if you hear these stories about these Bitcoin, crypto mining, multi-acre sites that are popping up, they're ruining the environment.

Bobby Gray: The vibrations, the noise pollution, the birds have left the building. It's bad. We don't want to be those guys. We want to be guys that are creating a positive impact for the communities that we serve.

Bobby Gray: Are we paying top dollar for it? Yeah! Yeah, we are.

Bobby Gray: Why? Well, because it's more efficient.

Bobby Gray: And because we don't want the negative press.

Bobby Gray: And because, you know, we'll have the ability to increase our hash power because we're more efficiently cooling.

Bobby Gray: But anyway, we just got the 4 containers that we need to install the rest of our equipment, like, 3-4 weeks ago. It just showed up.

Bobby Gray: Maybe it's, like, 2 months ago now, because time's been flying. But we just got it!

Bobby Gray: So, we sold it, we bought it, we paid for it, they shipped it, we received it, and now the last step is for us to install it.

Bobby Gray: And they're looking at the charts on the website the same way that you're looking at the charts on the website and saying, what's the deal? Is this thing a scam? And I've said all along from day one that if I don't build the mine, I'm going to jail.

Bobby Gray: Simple fact. It's all good. Why? Because we're on the last step now.

Bobby Gray: We're on the last step.

Bobby Gray: And before I get in there to talk to our friends at the SEC on June 11th, I think we'll have the next four containers online at Ashing, I hope.

Bobby Gray: I hope that our friends in Conroe, I hope that our electrician, I hope that our mining team, Steve and Kyle and Zach, are able to get this done, because it would be really great to walk in there and go, see? Told you so!

Bobby Gray: And we're not faking it. That's what the other guys did. We're not gonna go in there and just fudge the numbers.

Bobby Gray: For better or worse, the good and the bad.

Bobby Gray: We want it to be real.

Bobby Gray: And that's how we've gotten to where we are today.

Bobby Gray: By doing something real and honest.

Bobby Gray: So… good old-fashioned, Honesty and transparency, risk and trust.

Bobby Gray: have gotten us to where we are today, which is very impressive. And I know it's easy to feel like the sky's falling. I went through it for a couple weeks myself. When we're unfamiliar with things, it's scary. I'm not scared anymore.

Bobby Gray: I'm not scared.

Bobby Gray: Fearless Leader had a few moments of, like, I don't know, I don't know.

Bobby Gray: We'll see. But that's the legal update.

Bobby Gray: Gonna go hang out with our friends at the SEC in London, England, and who knows? Maybe they bring some cuffs and…

Bobby Gray: Give me a free trip back to the States.

Bobby Gray: We'll see.

Bobby Gray: We'll see. Time will tell.

Bobby Gray: Okay, there's a bunch of other stuff for us to talk about.

Bobby Gray: Bunch of other stuff, so…

Bobby Gray: So sit… sit down, grab… you wanna take a minute? You wanna take a minute? Grab a…

Bobby Gray: Another bag of popcorn, cocktail.

Bobby Gray: put dinner on… On the table, take it out of the oven, I don't know.

Bobby Gray: But we got more work to do. Okay, as you may recall, my anniversary was a couple days ago. Extended.

Bobby Gray: Another year?

Bobby Gray: We're going for 22, folks, it'll be a record for us.

Bobby Gray: No, in all seriousness, I'm very happy to announce that my wife is coming out for a little visit. She's actually gonna come over here, less than 2 weeks from now. What is it, the 18th or 20th? I think she shows up on the 20th. She leaves on the 18th, gets here on the 20th, it's like…

Bobby Gray: Like, the opposite of, like,

Bobby Gray: Transport. What do they call that in Star Trek?

Bobby Gray: Teleport? Teleport. It's like the opposite. You disappear for 2 days.

Bobby Gray: So she's coming out here, which is great, because I miss her. Still love her quite a bit, actually.

Bobby Gray: But then we're gonna go back.

Bobby Gray: By way of London, England, spend a little time over there, maybe visit, her ancestry in Ireland. It's a little…

Bobby Gray: little… Irish ferry, I guess?

Bobby Gray: I don't know if Ireland has fairies, but she's one of them.

Bobby Gray: And we're going to, spend some time together, which is really great. So, contract extended for another year. That's what we do. We sit down.

Bobby Gray: This year by Zoom or Telegram, and we talk about the best parts of our last year and the worst parts of our last year.

Bobby Gray: And, like, we have an adult conversation about it. Would you like to continue for one more year?

Bobby Gray: We've gone this far, but now is as good of a time as any to change things up. Would you like to keep going on our little adventure? Yes, then let's keep going. Let's give it another year. It's strange, it's our thing, and some years we had some really close calls.

Bobby Gray: Close calls indeed. But this has actually been a really great year for us. Thanks to you guys, thanks to our hard work, thanks to our, our little gambles that have paid off.

Bobby Gray: it's been a good year for us. You know, we've got a lot of great things to say from this year, we've made a lot of great friends from this year,

Bobby Gray: And we're gonna keep going.

Bobby Gray: She and I are gonna keep going, you and I are gonna keep going, and we got this. So that's an important update for you guys. I get to hang out with my wife.

Bobby Gray: I want to talk to you guys for a while about CryptoPop.

Bobby Gray: Which is a really big deal. It's not just a big deal, but I'm putting a lot of money into it. Our money.

Bobby Gray: And,

Bobby Gray: Before I get into that, I want to congratulate my friends over at the IDMC, the Iskander Digital Mining Cooperative.

Bobby Gray: That, against all odds, have, you know, worked through challenges and, assembled, you know, committees, gotten together in small groups, and worked through…

Bobby Gray: You know, some big questions that we've been wrestling with. What went wrong? How do we fix it? Should we keep going? How do we keep going? How do we make a plan that's gonna take us across the finish line? We got really far on the first one, but we didn't make it to the goal. 25% of the way to the goal was pretty good.

Bobby Gray: Especially when you're talking about numbers as big as we're dealing with, and our complete lack of, you know, experience in this realm, we got really far. But we didn't get to the goal.

Bobby Gray: And so we tasked the IDMC committees to, going back to the drawing board, figuring out what went wrong.

Bobby Gray: figuring out if it can be fixed, identifying what it is that's going to be different enough to get this thing to succeed, all the way. We're not looking for halfway or three-quarters, we're looking for a win, all the way.

Bobby Gray: And so, they got together this past week, Tuesday night, and they, talked about the answer to that question, and they committed, or they confirmed a new

Bobby Gray: compensation plan

Bobby Gray: that they're very happy with, and I think that's spectacular, because we need to get going. We need to turn the engine back on, we need the freight train to start going back down the tracks. We're not a rocket ship right now, guys. We're, like… we're working on, like.

Bobby Gray: like a Conestoga wagon right now. Like, that's okay. You know, we've got to be realistic with, with, you know, what we are. If we start saying rocket ship, and everyone points to the price of TXC, and we're like, really, bro? How's your rocket doing today?

Bobby Gray: Oh, let's just be a freight train for a little while. Let's get it moving back down the tracks, over to the launch pad, so that we can get our rocket tuned up and back in the sky.

Bobby Gray: But they've got a plan, and I'm confident that they've got the right people there to make it work.

Bobby Gray: And with them, as the committee chairs, and with,

Bobby Gray: with you guys as active participants in this member-owned organization, I'm confident that we'll get there.

Bobby Gray: And I'm confident that we're confident that we're gonna have a lot of fun along the way. I'm confident that we're gonna make new friends as we go. But I want you guys, as you get started down that path, and I'm on the path with you, remember, I'm not abandoning, I'm the chairman of the thing.

Bobby Gray: I want you to remember to keep our narrative, to keep the introduction about the mission. As soon as we go off into the realm of, you know.

Bobby Gray: investments, or into the realm of network marketing, or into any of these other things, we'll definitely give ourselves, you know, the ability to attract people

Bobby Gray: from those communities, but remember what the foundation of this whole thing is. The foundation of our project is honest money. And I'm starting to mess around with this new…

Bobby Gray: umbrella for us, called the Honest Money Ecosystem. And I hate the word ecosystem. It's been so overused and played out in the crypto industry, it's disgusting. It's nasty. But…

Bobby Gray: It works.

Bobby Gray: Because we're creating an ecosystem, a whole beautiful thing.

Bobby Gray: It's all built on honest money. Honest, accountable money that…

Bobby Gray: results in individuals winning. As our ecosystem grows and thrives and flourishes, you and I win, not the banks. The banks will never have a big seat at our table. Could a banker buy a mining seat? Sure.

Bobby Gray: on Texas.

Bobby Gray: Could a banker buy a big mining seat? Sure.

Bobby Gray: Will they be able to get to the top of our community without opening up

Bobby Gray: A dinner meeting at a barbecue joint.

Bobby Gray: Outside of Texas. No.

Bobby Gray: No, they can't. They can't buy their way to the top in our deal. That's by design, it's worked perfectly, it's been the bedrock of our level, fair playing field from day one.

Bobby Gray: And that… is why this project matters. Because when our ecosystem grows and matures and expands.

Bobby Gray: we win. Individuals get to win, and there's lots of room on the train, on the rocket.

Bobby Gray: Lots of room for lots of individuals.

Bobby Gray: And you don't even have to be on the rocket to win, you can just be around the rocket. Think about how many people's lives have been positively affected by the work that we've done together. The wrap shops, and the caterers, and the restaurants that we go to.

Bobby Gray: You know, I don't know if,

Bobby Gray: I think Coach Budd was there. Coach was there, and maybe Carl, maybe Greg. We were having a lunch at,

Bobby Gray: what do you call it? Shake Shack, one day, in McKinney, after a meeting. I took everybody out to lunch.

Bobby Gray: And the manager sees our group there, you know, with 15, 20 of us, comes over, hey, you guys want to have more meetings here? I'd love to give you a big discount. And I said, well, whoa, whoa, we don't… we don't ask for discounts, that's not our thing.

Bobby Gray: What do you mean? It's not what we do. We don't ask for discounts. We want your best quality service for our best money.

Bobby Gray: We want to pay you guys more than you would get from other customers. To be treated well.

Bobby Gray: We don't want to be the group that comes in here that's paying rock-bottom dollar that's a thorn in your side. We want to create

Bobby Gray: With you, not take away from your experience.

Bobby Gray: That's our mentality, it's the abundance mentality, and it works.

Bobby Gray: It's the long road and doesn't always pay you back right away, but usually it does.

Bobby Gray: Usually, people reciprocate.

Bobby Gray: And it works well.

Bobby Gray: And so…

Bobby Gray: I don't know why I'm talking about that, but but we've affected a lot of lives with this project. And that's what happens when individuals get together and voluntarily associate to create something great.

Bobby Gray: That's what we've done.

Bobby Gray: That's what we're going to continue to do with the IDMC. It's registered under the laws of Wyoming, it's on a much better foundation, there's a lot of clarity there, it gets rid of a lot of things. Is it a one-size-fits-all magic bullet? No.

Bobby Gray: Does it give us the ability to go out and…

Bobby Gray: Tell people that they get a guaranteed fixed-rate no. No, no, no, no, no. No, no, no. Keep it clean, keep it real, keep it honest.

Bobby Gray: But focus on that pitch. Focus on honest money.

Bobby Gray: Because with honest money, everybody wins.

Bobby Gray: If you tell them it's a network marketing thing, yeah, the network marketing guys will understand it, and they'll be interested in the comp plan, but what we're really here for

Bobby Gray: is to continue where the Bitcoin community left off when they abandoned honest, digital, decentralized currency.

Bobby Gray: That's what we have. That's what we're doing. That's why it matters.

Bobby Gray: There's a lot that goes into it, but start with a good introduction.

Bobby Gray: Because if we build these relationships on a mutual desire for honest money, they can't go wrong. Oh, I didn't get my 1-2 free. Yeah, you're not really here for that. You're here for honest money. Okay. I didn't get, like, $100 trillion. Where's my Lambo? Well, you're not here for the Lambo, you're here for the honest money.

Bobby Gray: You're here for creating something that grows in its opportunity to be successful, As it gets bigger.

Bobby Gray: as this thing expands, we got Metcalf's Law, the bigger it gets, Exponentially becomes more valuable.

Bobby Gray: Okay, so is that why the price right now is, like, 12 cents for TXC?

Bobby Gray: Let's talk about CryptoPop.

Bobby Gray: And what I'm working on out here. First of all, where's Bobby, where's Bobby, where's Bobby? Bobby's working right now, and Bobby's being very…

Bobby Gray: productive in his time, here in Singapore.

Bobby Gray: And Singapore is a really interesting market for crypto.

Bobby Gray: It's got this odd dichotomy. It's the…

Bobby Gray: most expensive city in the world. It's beautiful, you can eat off the sidewalks, it's safe, it's where the billionaires hang out, because it's very well organized. That can feel very frustrating.

Bobby Gray: A lot of times, but it's a great place.

Bobby Gray: Unfortunately… well, let's continue with that. It's also the city that hosts the biggest crypto event

Bobby Gray: In the industry, Token 2049 Singapore is the biggest event. A bunch of you guys were out here last year, in October.

Bobby Gray: And you saw it, 5 floors, Marina Bay Sands Convention Center, jam-packed. The line to get into the event was so long, you missed half the first day, and it was only 2 days. I'm like, guys, this is the biggest event in the world, why is it only 2 days?

Bobby Gray: Oh.

Bobby Gray: But… that's in Singapore.

Bobby Gray: And Singapore is the wealthiest city on planet Earth, it's the host to the largest crypto event.

Bobby Gray: And it is completely dead when it comes to crypto.

Bobby Gray: You could not have a more…

Bobby Gray: lifeless crypto community than in Singapore. It's unbelievable! And I met with some attorneys, this week… this past week to talk about my project, you know, Mr. Regulatory Compliance over here.

Bobby Gray: Sat down with a couple of attorneys that were referred from Quinn.

Bobby Gray: that are very experienced in matters of crypto and MAS, Monetary Authority Singapore rules, and you know, look, if I'm on my home turf.

Bobby Gray: I'm good to go. I'll guess and YOLO my way to… the courtroom.

Bobby Gray: But in Singapore, it doesn't work that way, because they're very strict here. Very, very strict. You get caned here for doing the wrong thing. You know, you don't want that to happen. And so, I sat down with the lawyers, counsel, because my wife has

Bobby Gray: Told me, I should say, sat down with counsel, And…

Bobby Gray: Ran my whole vision by them.

Bobby Gray: here's what I want to do, I'm in Singapore, I'm gonna make the most of it.

Bobby Gray: here's my plan. And I laid the whole plan out for them. Drew this whole beautiful plan.

Bobby Gray: I got this nice, fancy electronic whiteboard, just got to…

Bobby Gray: Carve it out with my fingertip.

Bobby Gray: And I sat down, and they said.

Bobby Gray: It sounds great, we just have one question for you. How much do you like actually being in Singapore? I said, well, I really like Singapore. It's kind of great.

Bobby Gray: Yeah, they're probably gonna kick you out.

Bobby Gray: And I said, Is that… is that it? That's the worst of it? No caning?

Bobby Gray: No jail time, nothing?

Bobby Gray: No, no, no, no, but you'll probably get kicked out. You become what they call person non grata here in Singapore. Oh, okay.

Bobby Gray: let's get started. And I'm like, look, you gotta understand the plight of the crypto bro. We're like nomads now. We get kicked out, we go from, you know, one country to the next, to the next, and, you know, we're either leaving the

Bobby Gray: Insane regulatory, you know, enforcement actions.

Bobby Gray: Or we're going towards the place that has invited us, that's under the new, you know, Banana Republic regime, inviting in the crypto bros to come there for a few minutes, until they get voted out of office, and then it's…

Bobby Gray: Back to the other thing. So… so we wander. We wander planet Earth in search of a place to call home. Is it Dubai? Is it Singapore? Is it Hong Kong? Is it Tokyo? Is it Seoul? Is it New York? Like, where is the place on planet Earth that the crypto bros

Bobby Gray: Can safely practice their love of crypto and honest money.

Bobby Gray: Without fear of, like, you know, going to jail.

Bobby Gray: There aren't many places left.

Bobby Gray: Sadly, to say, that's number one. And Singapore is not one of them. It's not. So what are you doing, bro?

Bobby Gray: I've got a plan.

Bobby Gray: And my plan's actually pretty good, and they liked my plan. Council liked it. I said, look, here's what I have to do. I told people from day one that we were gonna build Texacoin in America, okay? Asia's got Bitcoin.

Bobby Gray: USA's got Texacoin. We're building our mine exclusively in Texas, we produce it in Texas, it's made in Texas, la la la, Texas, Texas, Texas, and then we're gonna promote it and sell it on the other side of the world. You guys got Bitcoin, we got Texacoin, let's trade. That's it.

Bobby Gray: It's my… it's my… it's my proposition.

Bobby Gray: Okay.

Bobby Gray: So how? As they say in Singapore, you ask them a question, and I say, blah, blah, blah, so how?

Bobby Gray: Well, the answer is CryptoPop.

Bobby Gray: CryptoPop SG. I'm very, very excited about it, and I'm investing heavily in it. What is it?

Bobby Gray: Crypto proof of participation.

Bobby Gray: to me.

Bobby Gray: What it means is we are going to do a whole series… okay, well, first of all, let me tell you what we can't do. We're not allowed to advertise crypto in Singapore, that's why it's dead. You won't see any billboards, you won't see any signs, you won't see any wrapped cars, you won't see any kind of, like, people talking about an upcoming event. The only thing that happens here is token 2049.

Bobby Gray: And Singapore loves it.

Bobby Gray: Come on in with all your millionaires and billionaire friends, do a big event, and then get out of here. Go.

Bobby Gray: Don't stay here long enough to, like.

Bobby Gray: scam ante over there in Yishun, okay? Get out. Take your crypto bros with you.

Bobby Gray: That's the law. You can't advertise crypto.

Bobby Gray: Okay, so I'm starting Crypto Pop.

Bobby Gray: I'm gonna be advertising. Not, like, billboards and stuff, but we're gonna be doing…

Bobby Gray: things in public places that are going to attract people into our community. What's our community?

Bobby Gray: CryptoPop is a purely education campaign.

Bobby Gray: We're gamifying the Web3 DeFi Crypto… blockchain education experience.

Bobby Gray: Connect, I can't remember what the tagline is. Anyway, that's what we're doing.

Bobby Gray: We're creating an education platform that rewards people with loyalty points to participate.

Bobby Gray: And so I had this idea. I'll tell you about the idea. Right in front of the lawyers, I said, I got a couple, like, non-negotiables. I have to be able to do these things.

Bobby Gray: And they said, well, look, how comfortable are you with, like, pushing the line? I said, I'm all the way comfortable.

Bobby Gray: They said, because the extent to which you push the line is what's going to increase the likelihood that you get kicked out of here, become person non grata. Sounds like something from John Wick, which is cool.

Bobby Gray: I've never been person non grata anywhere, and I'm…

Bobby Gray: I don't know if I'm looking forward to it, but it sounds pretty cool. CZ!

Bobby Gray: is person non grata in Singapore.

Bobby Gray: He's like, it doesn't matter how much money you have. Billions. You can have billions, like CZ. And you can get asked to leave. They chop up your little EP, and they send you on your way.

Bobby Gray: I said, that's fine, I'll just pull a banker and I'll head out.

Bobby Gray: Go off to the next place.

Bobby Gray: But I said, I don't think we're gonna push the line, because we know what the line is. You can't advertise crypto.

Bobby Gray: And we're gonna make it really, really, really clear that we're not pitching any crypto. So what is CryptoPop? Crypto Proof of Participation.

Bobby Gray: And I started with this, you know, big picture idea, and I knew what I wanted to do. I didn't know exactly how I wanted to do it, or how I was going to get to the goal. And as I spend more time working through it, I got a nice little team here that I've been putting together.

Bobby Gray: The basics, the fundamentals, and the, you know, the steps and the strategy are becoming more clear.

Bobby Gray: And so, so I'll tell you guys kind of, like, the major goals. The goal is to have a really big, really great party on October 5th, or 5 October, as we say out here. 5 October 2026 is Monday.

Bobby Gray: And we are renting out

Bobby Gray: The coolest ballroom. It's called the Clifford Pier. It is right on the Marina Bay, right in front of that building with the boat on top with the infinity pool.

Bobby Gray: It's really, really just a 5-star venue.

Bobby Gray: Beautiful. Absolutely beautiful.

Bobby Gray: And so, we're throwing a party there. Now, why does that matter?

Bobby Gray: This week, starting with October 5th.

Bobby Gray: It's Singapore's biggest week. Singapore's biggest event is the Formula 1 race. That's happening the 9th, the 10th, and the 11th of October. Okay, so the 7th and 8th is Token 2049.

Bobby Gray: The fifth and 6th are our events that we're doing here in Singapore. And I want our event to lead off

Bobby Gray: Blockchain Week here in Singapore. I want it to be a red carpet experience. It's going to be a red carpet experience that's going to be the talk of the town. We've already got the influencers lined up, we've already got the celebrity DJ, we've already got a couple other people I'm not going to name drop just yet. We've got some other people that we've been talking about for a long time. This is going to be the place where everyone wants to be.

Bobby Gray: We've got room for 500 people there.

Bobby Gray: So who's gonna get invited? Who's gonna get to go to this event?

Bobby Gray: We're going to invite the top 500, and we're not telling them this yet, so don't tell them.

Bobby Gray: But we're gonna invite the top 500 CryptoPop token holders to this event.

Bobby Gray: Well, how do I get POP token? Can I buy it? Tell me I can buy it, I want to be at this party. Can I go to the exchange? No, you can't buy this. You've got to earn it.

Bobby Gray: You gotta participate, man. You gotta come out and have chicken rice with us at the HDB food stalls, and learn about how to download a crypto wallet!

Bobby Gray: These people in Singapore, they're getting left behind. This ban, which is protecting Singaporeans.

Bobby Gray: This ban has left Singaporeans in the dark. They don't even… like, I literally asked a girl the other day at a food shop if I could tip her in Bitcoin. What's Bitcoin? This is like a 22-year-old girl. Like, what do you… what do you mean? What… you don't even… you haven't even heard of Bitcoin?

Bobby Gray: What city are we in? How did that happen? How did you get so left out?

Bobby Gray: It's Bitcoin, it's like the future of money, and you don't even know about it, because your country has been very, very restrictive.

Bobby Gray: We need people to participate.

Bobby Gray: Step 1, download the CryptoPop wallet.

Bobby Gray: If you come out and you learn about how to download a wallet, you get the wallet downloaded, scan the QR code, and I'll put 100 pop tokens on your… on your wallet.

Bobby Gray: No TXC. Oh, by the way, this whole program runs on TXC.

Bobby Gray: So we put 100 pop tokens on there, and then you come out again, we'll put another 100 pop tokens on there. By the way, if you bring a friend out to the next event, I'll double your pop tokens. Every friend you bring out, I will double your pop tokens. Bring 10 friends, I'll give you 1,000 pop tokens.

Bobby Gray: What are they? They're just, like, reward points. What do I do with them? Nothing.

Bobby Gray: It's just kind of a score tracker.

Bobby Gray: They don't know it yet.

Bobby Gray: But the top 500 CryptoPop token holders

Bobby Gray: will be the ones that get to go to the VIP red carpet party on October 5th.

Bobby Gray: A party where the media's gonna be there, it's the talk of the town, it kicks off Blockchain Week, it will be, definitively, the biggest party in town to kick off the biggest week in Singapore. Now, why?

Bobby Gray: Because the whole world is looking at Singapore.

Bobby Gray: For this week.

Bobby Gray: The whole world converges, the whole crypto community converges on Singapore for Token 2049 and Blockchain Week.

Bobby Gray: And if we throw the big party, if we're the only ones that are doing something massive, something at all in Singapore, all eyes are on us. Powered by Texacorn.

Bobby Gray: Okay.

Bobby Gray: So how do we get them there? Well, we plan another party.

Bobby Gray: How about 4th of July? That's a perfect thing. So what I've done is I've put together a string of increasingly larger and more expensive kind of events. Come out to event number one, get a wallet. Come out to event number two, learn about, you know, exchanges. Come out to event number three, learn about this, this, this…

Bobby Gray: And so these events get bigger and bigger, bring a friend, get more pop tokens.

Bobby Gray: So, the second event that we have planned, which is actually before it, is July 4th. We rented out the entire 1 Degree 15 marina. The entire thing. We've got a ballroom that seats, banquet style, 360 people right here. Right there.

Bobby Gray: We rented out this big glass boat-looking building next to it that accommodates another hundred.

Bobby Gray: We get the barbecue grill in the middle, that we're gonna be doing hot dogs and hamburgers. We're gonna have live music.

Bobby Gray: We're gonna have performers, we're gonna have…

Bobby Gray: 5-star stuff, right here, with all the yachts, all the fun. You know, look, it's on-brand, crypto, yachts, supercars, we'll have the supercars here.

Bobby Gray: I don't have any supercars here yet, they're very expensive. I think, like, $1.8 million for the same fun car I was driving around in the U.S. Yeah.

Bobby Gray: It's expensive.

Bobby Gray: But, we'll throw a big July 4th party here. Saturday, 4th of July, we'll have a big party at the 1 Degree 15 Marina. If you know people that are here in this part of the world that can make a trip out to this, get them here.

Bobby Gray: Because I'm not allowed to pitch him anything. That's the rule. That's the line. CryptoPop is an education-only platform.

Bobby Gray: And as long as it remains completely education.

Bobby Gray: No pitches, no offers, nothing to buy, it's education only.

Bobby Gray: As long as we stick exclusively to education, we're not even close to the line, we didn't go over it, and I get to be person grata.

Bobby Gray: Well, if that's what you call.

Bobby Gray: The opposite.

Bobby Gray: But that's what we're doing. It's an education platform. Come on out, learn, acquire CryptoPop tokens. What do you do with them? Nothing. I'm not even allowed to put a TXC in that wallet so they could spend them if they wanted to. If they want to figure out what's powering this thing, and how to put a couple Texacoin into their wallet so they could spend them, or trade them if they want, they can.

Bobby Gray: But I can't tell them how to do it.

Bobby Gray: Because as soon as I give them one TXC,

Bobby Gray: I've given them a share. I've given them, you know, an upside potential. CryptoPop token's worthless. TXC? Traded on the major exchanges.

Bobby Gray: So I can't do that.

Bobby Gray: It's a little restrictive, but it's okay, I don't need that.

Bobby Gray: I need to get them to download a wallet, I need to give them, for participating, POP tokens, which is a Layer 2 that runs on the TextCoin blockchain.

Bobby Gray: I need to give them a referral bonus when they bring out friends and other people to our events, and we're gonna wrap this thing up in fun and community, just like we did in the States.

Bobby Gray: And so the hope is that over the next 5 months, we have people learning with us, having fun with us, going out on trips and field days and excursions, and boats, and cars, and all the stuff that we had before.

Bobby Gray: And every time they participate, they're earning more and more and more and more tokens. And it leads right up to Token 2049. They get to go to the big party, and who knows what they'll hear about and what they'll learn about at this huge event that's gonna have a star-studded guest list.

Bobby Gray: That's the plan. It's gonna cost, probably, a better part of a million bucks.

Bobby Gray: The alternative?

Bobby Gray: Pump. Influencer.

Bobby Gray: We have to build real connections and real relationships over here.

Bobby Gray: And nobody better to do it than me, because I'm here, and I know what I'm doing.

Bobby Gray: But that's CryptoPop. And so we're building a funnel.

Bobby Gray: And on the top of the funnel, come on out, it'll be really inexpensive, we'll buy you a plate of chicken rice, sit down and listen to our story about how to download a wallet.

Bobby Gray: And if you want to come to our next event, tune into our socials, find out where we're going to be next, and earn some more POP tokens.

Bobby Gray: Why?

Bobby Gray: Well, if you want to be invited out to the day out on the charter yacht.

Bobby Gray: you're gonna need to have at least 1,000 pop tokens. Anybody that's got, you know, top 20 holders are gonna be invited out for the boat party. Costs us very little, but huge value, huge community benefit, a lot of fun.

Bobby Gray: And if we can get people to enjoy their time with us, and learn with us, and trust us, then they're listening to what we have to say. Are we selling them anything? No, we can't.

Bobby Gray: It's against the rules here. Will we be the only people in the crypto space doing anything whatsoever in Singapore? Yes! Just us. And that's great.

Bobby Gray: And that's really great.

Bobby Gray: Because it puts us not just on the map, but it gives us the map.

Bobby Gray: And there's a lot that we can do

Bobby Gray: There's a lot that we can be successful with.

Bobby Gray: By forming good relationships based on education, trust.

Bobby Gray: Community, fun. There's a lot of stuff we can do.

Bobby Gray: But we can't find the line. Can't cross the line. We can't push the line. We want to not even know what the line… we don't… well, we want to know what the line is. We only want to know where the line is. We're so far away from the line.

Bobby Gray: just doing education with CryptoPop, proof of participation. And guys, if this works here, as I'm confident that it will, I'm gonna hand you the model, so that you can start a CryptoPop affiliate in your neck of the woods.

Bobby Gray: Maybe somewhere where it's not as restrictive, and you can tell them about Texacoin, and you can tell them about, you know, mining, and you can tell them about other things, but that's what I'm doing here.

Bobby Gray: And as people come out and they meet and mingle, what do you do? How did you get here? Why are you throwing this party today? Crypto, bro. Crypto.

Bobby Gray: Future of money. Are you in? No, I don't… I tried it once, and I didn't get it. Well, let's get in, let's learn, let's sit down, let's understand what we're missing here.

Bobby Gray: That is what I'm doing here in Singapore. So I'll throw a really big party at the 115 Marina.

Bobby Gray: For July 4th, 600 people will be invited, maybe are all on that invitation list, but seriously, if you know somebody that's out here on this side of the world, get them here for July 4th. It's gonna be a big event, and it's gonna… it's not gonna be the first thing that kicks off CryptoPop. In fact, we've got 5.

Bobby Gray: Young ladies, they're gonna dress up like Dallas Cowboy cheerleaders. They're gonna be out all over this beautiful little island of ours, introducing people to CryptoPop, asking them to join our socials. We'll have an Instagram page, a TikTok page, an X page.

Bobby Gray: Getting them connected, telling them about, you know, our thing, and we'll have a really great introductory video that says, hey guys.

Bobby Gray: You know, Singapore is being left behind the crypto conversation, and we're about to change that with CryptoPop. Connect, experience, and learn. I think that's what the things are.

Bobby Gray: gamifying the crypto and Web3 education experience through fun events, through activations, through scavenger hunts, through lucky draws. Hey, you want to earn extra pop tokens this week? Go over there and shop at that, that pudding store that does the chia pudding stuff.

Bobby Gray: You know, go support a local business, and we'll give you, you know, double pop tokens for that participation.

Bobby Gray: So we're driving behavior through loyalty points. Those loyalty points have no value whatsoever. We're not pitching on any deals whatsoever. We're inviting them to more and more high-end exclusive events.

Bobby Gray: and fun things to do based on how well they've accumulated tokens. That's CryptoPop in a nutshell, and it's kicking off right now under the full

Bobby Gray: Review of counsel.

Bobby Gray: To keep us safe and on this side of that line. Okay, that's it, I think, for tonight's call. Do we have any questions? Are there any questions popping up in the Q&A section that I feel like answering?

Bobby Gray: Let's see if we have any questions.

Bobby Gray: And it… Close out my participant list.

Bobby Gray: Time for LASIK, bro, I know!

Bobby Gray: I don't know.

Bobby Gray: I don't think I'm supposed to do it until, like, whatever degradation of my…

Bobby Gray: perform… eyeball performance is, like, solidify.

Bobby Gray: Fresh turmeric, okay, good idea. Thank you. Black pepper, turmeric, and black pepper. Okay.

Bobby Gray: Good idea, thanks for the tip.

Bobby Gray: Meeting in London. No, the meeting in London was not because I wanted to stay out of the US, it was because I wanted to do the…

Bobby Gray: the deposition with Council, and it was either, I go to the US, Council comes to Singapore, or we meet somewhere in the middle. And I said, how about London? Easy flight for you, not terrible for me, let's do London.

Bobby Gray: Hey there, can we give our guests a quick overview of our utility? Appreciate it. Yeah, except there's not really a good answer to that utility question today.

Bobby Gray: If we go back to the early days, we said, we're gonna build this mine.

Bobby Gray: And we're asking the crypto community to take us seriously based on our hash power.

Bobby Gray: And we built a pretty big mine so far. I think we're, like, the 10th largest Litecoin Doge miner on planet Earth at this point.

Bobby Gray: We're working our way up to number 3.

Bobby Gray: Maybe number one eventually.

Bobby Gray: Excuse me. I need more of my turmeric.

Bobby Gray: So… Anything that's going to be used as money has to have a stable value.

Bobby Gray: Well, does Texacoin have a stable value? No, no, no, it doesn't. Started at 2.8 cents, went up almost to $7, we're back at 12 cents. Okay. See, you really can't use it as money. Stablecoins bridge that gap. They say, okay, you got a network, it's decentralized, it's very trustworthy, it's, you know, very transparent.

Bobby Gray: Well, let's launch stables

Bobby Gray: on that network, so that we don't have to worry about volatility when it comes to our money value going up and down. Perfect. Okay. So then we created Downtown Digital Dollars, or maybe it's Digital Downtown now. We said we're going to roll out these community currencies all over the state first, and the country later, we'll get into fairs and festivals. That's our utility that's going to demand TXC as the guest to process these transactions.

Bobby Gray: Lots of big words there. Point is that the mining is the data center that's processing the transactions. When we talk about utility, we're talking about the thing that's utilizing this data center network

Bobby Gray: like, this robust, decentralized, redundant system to operate. Well, the original idea was Downtown Digital, fairs and festivals, fair.money.

Bobby Gray: Okay, well, Bobby's not in the U.S. right now. Is that dead? It's not dead. You know, the state of Texas has shut you down. Is it dead? It's not dead.

Bobby Gray: But it's very, very difficult today to pursue that path

Bobby Gray: Being that I'm not there, being that we're not really supposed to be doing it in Texas.

Bobby Gray: I… you know, you could be like, bro, cease and desist, it means cease and desist, it's not… not supposed to. Yeah, but blockchain men.

Bobby Gray: MindTXC, Texacoin, Robert Gray are under cease and desist. Fair Money is not. Digital Downtown's not. So, like, I don't think they really know what the difference is between these names and entities.

Bobby Gray: But point is that… It's nuanced.

Bobby Gray: But that's the utility. The utility is the thing that utilizes the network to create demand for the underlying native currency to pay the transaction fees, which are very small.

Bobby Gray: But that was our original idea for utility. It's kind of on hold right now, and so I'm looking for other things. CryptoPop is kind of a manifestation of downtown digital here in Singapore. Now, at the tail end of the Singapore CryptoPop thing and the party on the 5th.

Bobby Gray: the next step is actually to get licensed as a payment service provider here in Singapore, so that people could eventually use those… not those tokens, but…

Bobby Gray: something that…

Bobby Gray: allows them to interact with that same wallet. I don't want to get too much into the long-term strategy, because we're still figuring it out, but anyway, utility is what works on that network, so now we're looking for more utility. Since the days of the cease and desist, we've started a gaming initiative called,

Bobby Gray: Zero Chill. I actually have a video for Zero Chill, though I have it loaded up fast enough to show you? Maybe?

Bobby Gray: That's not it.

Bobby Gray: This is it.

Bobby Gray: What's zero chill? It's proof of play.

Bobby Gray: Play-to-earn was a big thing 3, 4, 5 years ago, it's not a big thing today. Why not? Why not get compensated with points or hash power to, you know, play a game? Maybe there's an education component to the game, you play the game, you get more hash power. Like, I don't know. Why did it go away? That's a great concept. Oh, because we've moved on to other shiny things here in crypto, like RWAs and

Bobby Gray: tokenized securities. Yay!

Bobby Gray: Anyway, the utility is for you and me to figure out.

Bobby Gray: I got my ideas, you got your ideas, we can build anything we want on this, network. And so, that's what we're working on now. That's where we're going with Utility Charity, and that's an excellent question, thanks for asking. Honest Money Cosmos instead of Ecosystem.

Bobby Gray: I see what you're doing there. We gotta use language that somebody understands, or we gotta be big enough to brand our own thing. Jerry says, you want freedom with crypto? Go to Brazil. Contact Marcelo. That is beachfront home where you can set up and live for free.

Bobby Gray: I don't use the word free, Jerry, but I will check in with Marcel and find out more about what's happening in Brazil. I'm really excited about South America, actually. You know, I was originally planning to, like, make a trip down to, like.

Bobby Gray: Australia, and then jump a plane, which apparently actually does happen. You know, my flat earthers told me that you couldn't go from Australia to the southern tip of South America to the southern tip of South Africa.

Bobby Gray: I think there might be a flight you can book.

Bobby Gray: So, Flat Earth… Now what?

Bobby Gray: Anyway, I would love to get to South America and check out what's going on down there. You got Argentina, you got, some beautiful country down there that,

Bobby Gray: That's worth exploring. Is there a video anywhere, says Joey, to show step-by-step to make my own Layer 2 token? I need a Dopecat crypto! You do! You really do! And I don't know if we've got a video out there, in fact.

Bobby Gray: We're really, really, really far behind. Mel, if you want to make a note of this, we need API documentation for Layer 2.

Bobby Gray: And we need a video on how to make a Layer 2. I think we did it real time back around Christmas.

Bobby Gray: on our, like, week 93 marathon. So go back and check those archives, and you should be able to find… we made, like, 100 trillion, like, what was it,

Bobby Gray: It was the… it was the…

Bobby Gray: Cryptoid coins. What are they called? I can't remember what they're called. Damn.

Bobby Gray: I'm feeling really dumb. Yes, we did it for the Tooth Fairy, coin series, whatever that was called. Anything on Downtown Money going on? No. It is…

Bobby Gray: Look, we've had our… the back turned on us from most of our municipality friends, which has been kind of…

Bobby Gray: sad, but expected. We don't expect that necessarily to change when we win in August. Why? Well, because,

Bobby Gray: You know.

Bobby Gray: like, these guys are all bros. If you work for the city, you're probably hoping to climb that political ladder at some point and go work for the state in Austin. And so…

Bobby Gray: Dmso for eye health.

Bobby Gray: So…

Bobby Gray: I don't know, I don't know what the future holds for us in Texas on the community currency stuff, and that's a real big deal, because it's like, well, isn't it TechSip Coin? Texas Coin? Isn't that, like, home base? What are you doing now?

Bobby Gray: Look, it's not over, it can't be over. You can't kill honest money. You know, if Texas doesn't want honest money, and we lose in August, we'll find a way to keep going. We don't give up. Honest money doesn't quit.

Bobby Gray: -

Bobby Gray: But we do have to fund new utility opportunities. You know, we were all looking at the price a couple months ago, and we said, when? Okay, it's down, we're not, like, gonna, like…

Bobby Gray: give up on it, but when is it going to come back up? How? How and when is it going to recover? We said, well, July. We've got this, you know, Texas Music Revolution thing, we're signed, we paid the $80,000 to be the payment provider there.

Bobby Gray: It's off the radar now.

Bobby Gray: Well, does that mean the price of Texacoin is unexpected to recover? No, it just means we have to find a different strategy that allows us to continue working.

Bobby Gray: You know, with the limitations and the challenges that we're faced with. You know, we would have been foolish to think that we were gonna climb all the way up to the top 10 of the crypto industry without any kind of, you know, thing standing in our path. So we worked through it. It's fine.

Bobby Gray: Is it frustrating? Yeah. Is it… is it delusional to think that we can still win? Maybe.

Bobby Gray: I'm the guy that's… That's going to, be irrational.

Bobby Gray: And keep working hard as if we can.

Bobby Gray: Just what I did.

Bobby Gray: E3 is far from dead, says Pierre. True. How did your wedding go? Free from regulators, I mean. Look.

Bobby Gray: America has a funny way of, like, thinking that they run everything everywhere, and they will come and get you.

Bobby Gray: If they don't like what you're doing, stay with gaming, multi-billion dollar industry, audience from young to old, way bigger market than fairs and festivals.

Bobby Gray: You know, you might be right about that. Fairs and festivals is big. We did the math on it some time ago. But it's physical. It's the same problem I had back, you know, 15 years ago when I was

Bobby Gray: walking around with gold and silver coins. You gotta go to the event. So there's, like, a limitation for how many coin dispensers, or card dispensers, or, you know, wristbands. You gotta have the infrastructure for the terminals that are out there, so…

Bobby Gray: gaming takes you far and wide, and so we're interested in that a lot. In fact, I just had a whole other conversation with Johann.

Bobby Gray: earlier today about, that as well. When I say earlier today, I mean year today. Yesterday, for me.

Bobby Gray: Excuse me. So, yes, gaming's a big deal, and the crypto industry kind of discarded it. Why? Because they moved on to bigger stuff that the banks wanted them to pay attention to. Don't do that. Do this.

Bobby Gray: where the banks will tell you how to get rich, we've got all the money, we'll take care of it for you. And so we resist that. We resist that idea, we want to do it maybe the hard way.

Bobby Gray: Because it's real, and it's not controlled by the banks, it's run and controlled by individuals like you and me, who have a vested interest in our ongoing success. Guys, I want you to remember that a lot of people did very, very, very well.

Bobby Gray: with our experience. Not everyone, and we're not done.

Bobby Gray: And so if you got here late to the party, it's okay, you're still way ahead of everyone else. We're still going, we're still,

Bobby Gray: working hard every day, not just me, a lot of other people are continuing on. And now that we've got clarity with IDMC and a new plan that's gonna take us across the finish line, there's even more reasons to kind of give it a second look. And, and so thank you for joining me here on this.

Bobby Gray: hour and 24 minute, Thursday night chat, that ended up being better than I thought it was gonna go. Good job. Go us. Good questions, thank you guys, and what else do we have going on this weekend? Oh, Crypto Polo Cup.

Bobby Gray: Good luck out there, guys. Have all the fun. Keep sharing the message of peace and prosperity through honest money with everybody far and wide. I'm Bobby Graham, the founder of TexCoin. It's my pleasure to join you here, to share my thoughts and some stories and some coffee and juice with you guys tonight. I'll see you again next Thursday.