Ron Paul Podcast Launch, Fair Money, and TEXITcoin Mining Utility

Jerry, you seen this Texit coin thing? It's on every billboard from LaGuardia to the tunnel. Texas coin? What, they mint their own money now? No, no, no, no. Texit. You exit. You leave the whole corrupt fiat circus and you go into crypto. Exactly. A guy I know in real estate turned me on to it. Of course you have a guy. You put in a thousand. You sign up three friends, they give you the thousand back or don't. Plus mining TXC coins daily. For a hundred years! A hundred years of mining! That's a dynasty, Jerry! So it's a chain letter. With a pickaxe. It's mining output. I don't know, George. Maybe I give it a look. How do you even sign up? There's risk. There's always risk. But I think you're making a good call. I haven't called anything. Honest.money is the website. Check it out on your iPhone. Wait, what's an iPhone? Bitcoin doesn't even get invented for another seventeen years. Dude, that thing is so funny. It's so good. It is scary amounts of good. Wow. It's a strange new world, man. Hey, what's up, everybody? Bobby Gray here joined by my co-host Maddie. It is Thursday, September seventeenth where you are. It's early Friday morning where I am back in my cold hotel room in Dubai in a hoodie. It's not a good look. I will talk about this more in a few minutes, but it's early. and um and we've got to put you know our best foot forward here as this uh as this program of ours gets bigger as our community um um gets more broad and exciting and uh eager to see good quality information out of us and i can't do i can't do these five a.m calls anymore so i won't do these five a.m calls anymore we'll talk about that in a minute but welcome thanks for joining um We did these calls at seven o'clock on Tuesdays and Thursdays. That's PM Central Time. And we're going to switch that up and I'll talk about why in just a few moments. But welcome. Thanks for joining. We'll see how fast we can get through tonight's agenda. And I do have an agenda for this call, strangely enough. sometimes i do sometimes i show up with like a blank sheet of paper and say we'll figure out what happens we'll see let the chips fall where they may um but uh but yeah thanks again for joining i'm not sure if my buddy gage is going to show up for tonight's call i sent him a message and i would love to have him here um because very frequently on these calls we talk about Honest money. And that seems to be a bit of a common theme for us as it has been for the last two and a half years. Honest money. We're beating the drums of honest money. But tonight we're going to talk about something a little bit different. Similar, but not same same. We're going to talk about fair money tonight. Fair money, sound money, honest money. Are they all the same? No. Fair money is very different. And I don't remember the last time we talked about it. I'm thinking we talked about it maybe sometime back in like May or June. And a lot of time has flown by since then. But it's an extremely important conversation. It's probably the reason why I sleep very well at night knowing what I know about our project and drifting off into slumberland with the foregone conclusion that is Texitcoin's page one success bringing me really, really great dreams. And we got to talk about it again tonight because it has come full circle back to being a priority and a focus on our world. So we're going to talk about fair money. We talk about honest money tonight. We're going to talk about fair money. But as we get started on that, I want to give Maddie a little bit of news about he's gonna get to hear it along with the rest of you uh and i'm gonna share my screen let's see if i can figure out how to share my screen without breaking everything are we live by the way are we are we anywhere and everywhere let's see if we're live everywhere it is working good okay so let's close out of that window and let's minimize this window for now And let's go back to that window that I just minimized because that's where my share screen button is. It's this one. And let me be the first to let you know that we have our very first guest now confirmed. to kick off our new honest money live podcast and the show we we didn't know exactly when the show was going to be we didn't know exactly when we wanted it to be and We now know that the first show is going to be this Tuesday, September twenty second at twelve o'clock noon central time. And the reason for that is because our very first guest, the OG, the champion. of honest money the the guy that lit the fire in my heart and hundreds of thousands of hearts like mine um i don't even know like what else to say to introduce him like you just gotta keep going for thirty five minutes um but dr ron paul will be joining us as our first guest this Tuesday for Honest Money Live. And I am extremely, extremely excited about it. I'm extremely proud of it. I'm extremely happy to share that with you. And I am really looking forward to Tuesday, but I cannot show up like a slob in pajamas for that call. And so that... is the reason why we are changing the time of this show to noon starting this coming tuesday so normally we would do a miners update call on tuesday and then we were hoping to do our regular honest money live uh guest podcast on wednesday and then back again on thursday for um introduction to texa coin So the schedule is still in flux, but I can tell you for sure that we are kicking off Honest Money Live this Tuesday at noon Central Time, which will be about nine p.m. where I am over here in Dubai. And we'll talk about that more in a moment. But we've been wanting to get this podcast started for about a month now. And we... We knew that we did not want to start it without having our first and our favorite guest be Dr. Ron Paul. And the reason for that is because when you're starting a podcast, you know, you invite guests to come on and their first question is like when you're in like high school and like you're throwing a party and you call your friends and you're like, hey, man, you want to come a party tonight? Well, who's there? Who's going? What do you mean? It's me. It's going to be a great time. I'll be there. Isn't that reason enough? And it's like, well, show me a list of who else is planning to attend and I will consider joining you for your party. It's a lot like that. And so we've got a bit of a dream team on deck for Honest Money Live. And when we start this thing off with the OG, the great grandfather of honest money, It's the only way it can be done. Can you think of a better way to kick off an Honest Money podcast than with the guy that's been working his whole entire career to bring responsibility and accountability to government, specifically the Federal Reserve? I mean, the guy's been trying to audit the thing for years and... Check out, you know, Domestic Monetary Policy Subcommittee, you know, historical records to see what he's been doing there to try to bring accountability to money. You know, the US dollar wasn't the worst idea that ever happened when it was backed up by gold. You know, they discontinued that promotion some number of years ago. And, you know, ever since then, we've been in a free fall of inflation. And, you know, it's it's like. Honest money is this concept that only exists today. You know, I'm sure it existed over the years. That's how we got to the dollar. You know, I don't know if you know that story about the toller. And, you know, the finest gold in the region came from this one area. And the lands came from one area. And, you know, that became the standard. The toller became the Spanish dollar, became the American dollar. And, you know, I guess for... thousands of years mankind has has sought the most good quality money that it could get its hands on and today we're in just a whole new you know strange era of that with paper money and and now with you know uh that money being represented by zeros and ones anyway i digress i'll let the man himself tell you the story far better this Tuesday. So we've been waiting for this for a very long time. I'm excited about it. It's now here. It's now time to kick off the Honest Money Live podcast. I want to talk real quick about the format because the format's awesome. And the thing that is making this thing so great is what we're doing and how we're doing it. And so we would like your help for this. We would like to invite you to help us find guests to go live with us on this format. And so the pitch is simple. The tweet dies in an hour, a live broadcast reaches the community the moment the audience is opting in. So people are there and then the algorithms will reward us for actually creating real-time content. You know, a lot of people are scared about it. There are a lot of people out there that really don't want to go live. Nobody knows what's gonna come out of your mouth next. You can't hit the like stop and go back and record over button. And so, you know, it's a scary format for some people. But the algorithms on social media is really prefer it because it's real, because it's raw, because it's unfiltered. And because, you know, it's this thing that we're calling proof of no edit. And so what we want is we want people to come onto the program and go live with us. But there's a bit of a catch and there's a bit of a like a bounty and reward. And the catch is that if you go live with us, we're expecting that you co-live stream it to your community. So come on the show. We'll produce it. We simulcast it to every channel that you own. We hand you back the clips and the video on demand and the algorithm rewards us for showing up, going live in a way that it'll never reward you for posting a recording. And so we're going to get lots of questions about it. A lot of people are going to be confused. How do I link it in with this and where can it go? But that's what we're here to help people work through. And the reason for that is because it gets tens or sometimes hundreds of times the engagement of a traditional clip that you post to social media. And that is what has caused our audience, I think, one of the major things, to triple in size over the last just six, eight weeks now. and so um so the thing that's really exciting about it is that that gives us an incredible reach you know the ron paul community has got more than two million followers across their channels and um you know when we go live on tuesday and we have the ability to reach millions of people and share the message of honest money with them, that's a powerful thing. Then it gets better because Daniel McAdams is going to co-host the show with us every week. And he's going to continue to share it with that audience and we'll have a new guest on every week. And the new guest has got kind of a deal, an offer. If they co-host stream it to their community and the guests that we have you know have hundreds of thousands if not millions of their own followers as well then we will make a donation to the ron paul institute every week on the air of ten thousand dollars and that's a huge chunk of change for them you know if it gets onto this you know weekly schedule it's a big part of their budget It makes it so that they can do the work of education that they want to do, probably without having to think about money for a very, very long time. And of course, Daniel McAdams, he's like he's the co-host of Ron Paul's current daily show. I kind of think of him as the chief of staff. That's right. And so, yeah, like that, that's also huge news that that isn't going to be a one time thing. So, yeah. No. And the reason that we that we are having him as the co-host is because he's a great guy. He's very well respected. And as we reach out to these people and say, hey, want to go live with us? That's a scary thing, especially when it's getting broadcast out to two, three million people. What are they going to say? Are they going to dox me? Are they going to confront me? Are they going to, you know, get me in a corner with some topic I don't want to talk about? No, no. And we've got a friend of ours there, friend of yours and friend of ours there to help establish that trust because the program's new. You don't know who we are. We've been really quiet for eighteen years. Now we're getting really, really big and really loud. And so we want to have somebody that's well-respected and admired as our co-host. Maddie, you're going to be producing the show. I'm not sure how often you're going to be there with your signature hat on to join us, but we'll look for opportunities to do that as often as we can. It really comes down to what the conversation is going to be about, who the guest is, and who's got something to contribute. and um i might not be there on some episodes as well if i got nothing to say which is very rare but it could happen from time to time but the point is that this kicks off on tuesday and i'm so honored uh to have dr paul as our as our first guest i wouldn't have it any other way And so that marks the beginning this Tuesday of the official Honest Money Live. We've been calling this show Honest Money Live. It's a minor update. It's a text coin update. But Wednesdays are the day that we're targeting for hosting the Honest Money Live podcast. And again, you can find more information about it on honest.money.com. There is now a banner at the top of the page that shows you when our next broadcast is scheduled. um and you can see on here a list of the subjects that we want to talk about where it'll be um carried and then also the guests that we're chasing now some of these guests are already um in discussion with us to come on the program but if you know some of these guests or you know other guests like that that have things to talk about inside of the realm of honest money we would like to have them on the program And if you're able to help us get a guest on the program, then we've got a reward for you. And we've got a reward for the guest. um either the guest or the guests cause or foundation or charity you know or we can make it you know an additional donation to the ron paul institute if there's no another place that they would like to uh see that go and so um that's what's coming up for us on tuesday if you know somebody that's got a big community on uh social media channels that uh that you would like to invite to join us on the honest money live podcast are we shooting for like a weekly format or is this something that's going to happen more frequently than that? Oh, I mean, we discussed a couple of options. Like Joe Rogan goes live whenever he has somebody notable. Um, and the, the bar is real high. Um, other people that the weekly format is like, you know, the all in podcast that's, uh, every week at the same time. And, and so both are six, both, both formats are successful. Yeah. Well, let's try out weekly. And, you know, we might find ourselves overwhelmed with guests and prospective guests that want to co-stream with us. And remember, guys, that's the catch. That's the gotcha. This is going out live. It's not pre-recorded. It's going to be streamed to our communities. And if the guest wants us to make that donation on their behalf, then they got to co-stream it with us because it's good for them. It's good for us and it's best of all good for honest money. The more we talk about this stuff, the more people that wake up to these important concepts, the more likely we are to usher in that bright future that we all want and we talk about regularly. If you have the ability to help us, if you know somebody that's got a big podcast or a big community or big social channels, please let them know that we're looking for guests. We're trying to build out this show, this community, this audience. Share our message. It's not going to be an hour-long presentation for Texitcoin. It's not going to be an hour-long pitch for buying crypto. It's going to be a discussion with a person who's doing something important in the world. And we will... make sure that that conversation comes back to Honest Money as frequently as we can. We do have a couple ideas for some different segments of the show, right? At the end, you were talking about doing a giveaway. Yep. As we did here, I think, last week. Yep. And you were talking about doing that exclusively on X. Is that right? Yeah, so a lot of channels, when they're building their following and they're streaming on multiple platforms, of course, people haven't figured out to stream, get their guests streaming on multiple platforms at the same time. But yeah, it's kind of like an industry secret if you're on YouTube and you're worried they're going to ban you. Then you tell everybody, you know, the last X number of minutes of the show you've been paying attention to and enjoying are only going to happen on Rumble. And so you have to follow the link and go and subscribe on Rumble now. And so we can do that format to where the guests will probably be comfortable with us giving away some Texacoin to all their followers who want to follow us over back to our channel. And so we'll end the stream for the guest channel that we're broadcasting to. and continue the stream like without any interruption on our channel and that'll give people a chance to win and to uh get subscribed for the next episodes that are coming Now, you mentioned Rumble. Are we going to do X as that kind of last couple minutes? Okay. And we're doing X because that's where the young people are hanging out. That's where the crypto bros are hanging out. And that's such an important part of this concept. Look, if you're whatever the generation, Gen X, Z, Y, I don't know what they're called anymore. Boomer. Look, if you're... If you're young, we want to talk to you because know children of the future it's like they say that and it it's true we forget it sometimes but like if we're not educating you know the upcoming generations um then man we're in for a wild ride and we just need to cross our fingers and hope it all works out but if we're actively reaching out to young people and saying hey look we made some mistakes our parents made mistakes our grandparents made mistakes that's probably why we're in know the situation we're in today you know my dad's the worst at it he's like well it's all hillary's fault and i'm like bob this has been a long time coming right it's not any one guy in office at one time that got you know the dollar to where it is today this is a multi-generation progression towards debased devalued money And so we have to start teaching people today that they can do something right now to help stop this trend and, God willing, reverse it and get us back to that old-fashioned equal exchange of value concept. It's going to take us a while to get there. It took us a hundred years to get to where we are today. I'm not expecting it to go back to perfectly fine and good overnight. It's going to take a generation for this to get back to some thing that's moving in the right direction. That's the thing. It takes a twenty years to educate a group of people about honest money. So let's start now. Let's get it started now and let's show up in places where they hang out. Let's bring the conversation to them. Let's engage them with a giveaway and with a funny video at the beginning. Let's get their attention and let's share a great message. And that kicks off on Tuesday at twelve noon. And that'll be the new time, whether it's Tuesday, Wednesday, Thursday, for me to join you because it's nine o'clock where I am. I'll be a little bit more awake and coherent. And then as I continue to progress west from where I am, it'll be eight o'clock and then seven o'clock. And then I think it eventually it'll be like six o'clock for me once I make it to far west Europe, which is important because as our project grows and matures, I got to show up with my game face on. I got to be not rolling out of bed, you know, rubbing my eyes saying, oh, man, it's another call. Here we go. so um so i want to i want to thank uh daniel mcadams i want to thank the ron paul institute and i really want to thank dr ron paul uh for helping us get this project kicked off and going and uh we will be very excited to share that with you live on tuesday at noon everywhere uh so big news big announcement and uh let's move on okay so like i said at the beginning of the call bobby uh something maybe we can mention now is the giveaway we're doing tonight so that people have the chance to get their comment in and to even share this out to people who have never watched a texas coin stream um if you're watching right now uh we're we're giving away before the end of the episode We're also giving away this one hundred trillion dollar bill from Zimbabwe that is a symbol of fiat infinite corruption. And if that wasn't good enough, whoever wins will ship this anywhere in the world, one of these brand new cold storage coin wallets. Go ahead like now's your chance to text somebody who's not in Texas coin and to get them into the conversation send them a link whether it's on Facebook or Twitter or YouTube and Tell people to type TXC in the comments and that's how you'll be entered to win There's one other thing as well I want to I want to get a coupon code set up for the blockchain mint store. I don't have time to do it right now, but that'll happen for Tuesday's call. Right now, if you go to the blockchainmint.com store and you check out Let's see if I can add this to the stage. Sorry, there you go. So blockchainmint.com, you can go to the store right now. And if you use the code HONESTMONEY, that will give you the ability to reduce the price of a cold storage coin from full price, which is about twenty bucks, down to five dollars. And so if you want to grab one of the cool new seed-based beekeeper cold storage coins, you can grab that and then use the code. I think the code works. Let's double check the code, honestmoney. apply it and that should give you a pretty cool seventy five percent discount and take the price of that coin down to five bucks. I will set up a code that works every week. That'll give away something like, I don't know, let's say ten coins for free with free shipping to people in the USA. and so if you want to go to the blockchain mint store now and grab one of those coins for five bucks you can just use the code honest money and i will also set up a coupon code so that we can give away ten coins every week with a new code for free so the first ten people that are tuned in to grab the code go over and get your free cold storage wallet it's a really powerful tool for engaging DeFi, Future of Money, Honest Money Ecosystem, Texacoin, Iskander, XeroChill, all the stuff that we're working on is unlocked with this really powerful seed phrase. So we want you to learn about seed phrases and we want you to grab a new coin from the blockchain mint store that's got the seed phrase style wallet on it instead of the private key. So that's the new format that kicks off this Tuesday with our absolute favorite guest, Dr. Ron Paul. And then we've got a really great, great lineup for you guys after that. We won't tell you about those. We didn't want to schedule those new guests until we had the first guest scheduled. And so now that that is done, Maddie, you've got a green light, please. to reach out see if we can schedule uh the next guest so we can announce that from this tuesday's call um and again we're going to target wednesday at noon i know that some people will be on lunch in texas and other places some people will be hard at work maybe with uh you know an earbud in that's listening not watching but um but that's the time that we're going to do it that works well for dr paul it works well for daniel it works well for me where i am right now and we will have the replay available for you if it does not work for you um maddie what do they got to do to enter for the thousand txt giveaway tonight just say txc in the comment yeah type txc in the comments and uh invite others i just send a text message to someone myself like good hey join the party and remember honest money is the coupon code that'll get you a discount down to five bucks we sell them for twenty if you use that code you can get it for five bucks i don't know if that includes free shipping or not hopefully it does uh but please take advantage of that um um and get that coin it's a great way to get started and you know if it's an extra coin for you it's a great way to onboard somebody that's new to crypto so thank you again um we've wasted the first half of our call now just talking about our next call uh let's get into what i really want to talk about tonight feel free to stick around maddie if you like um or drop off if you got better things to do but make sure that we do a great job with our txc giveaway and again we're going to do that exclusively on X on the last couple minutes of this call. Is that right? Today it'll be if you comment anywhere, but in the future we'll do it exclusively on X. Okay. And remember guys, the reason we need that is because the algorithms are watching. The overlords and the robots, the AIs are paying attention to our channel and they're saying, okay, let's see some excitement. Let's see some new subscribers. Let's see some growth. And as they see that start to happen, that's when we start getting boosted up and higher rankings and better search results and all that stuff. And so starting on Tuesday, the last couple of minutes of our call for the giveaway will go down on X. So if you don't yet have an X account, if you've been avoiding it, I don't have an ex account personally. I understand it completely, but please join us there because we're trying to get this thing going and we need your help. We've got a big community and now is the time that we're asking for things from you. We're saying, okay, you've been on the sidelines. You tuned out a little bit. It's all good. How could you have known that we weren't dead? How could you know that this wasn't a rug or an exit like all the other projects that disappear into the night? You couldn't have known it. It's okay. But we're still here. We've been doing this every week, bringing you the news, the good news, the challenging news, whether you like it or not. And now we need something from you. We need you to think about guests that we could have on the program that you might have the ability to make an introduction. We need you to think about joining us over on X so that we build a larger community there. And... Get ready for the next thing we need from you. We need you to help us with fair money. And so having said all of that, let's talk about the real thing I wanted to cover on tonight's call, which is fair money. And it goes like this. OK, so when we started this project back in early twenty twenty four to zero to four, We had no idea what the plan was going to be to get to the top of the crypto industry. We had a billion-dollar value in our dreams. We said, other guys do it. PepeCoin did it. BonkCoin did it. DogWithHat did it. shiba coin did it dogecoin did it how hard can it be to make a top crypto why because i want to get rich man i don't want to go into this strange unknown future broke in debt sitting here overworked stressed out two three jobs i don't want to you know let this imaginary dollar decide what i'm gonna get out of life i wanna i wanna make money i wanna get rich i wanna do it just like so many of the other crypto bros did it maybe they knew what they were doing maybe they got lucky maybe they were at the right place at the right time i'm really smart i started my own currency in same year satoshi did it i know a thing about tech Or two, I know a thing or two about honest money. I know a thing or two about alternative currencies. I've testified. I want to get rich. And I want to do it with crypto because I've been working hard. My back hurts. I've got two hernias now from lifting silver bars into the crucible day in and day out. I'm tired. I want to do something. I want to do it big and I want it to work. I'm starting Texas coins. that was it that's all i had i had no idea of you know how to get to the goal i talked to the pros and they said well you need like three million bucks to do it you need a million dollars for exchange access you need a million dollars for like liquidity and you need a million dollars for uh you know influencers and market makers really that's it that's all i need yeah then you can pump your coin right up to the top make all the money cash out disappear like everybody else Well, that's not what we're going to do. That's not what we're going to do. Well, what's your plan? I don't know. What did the other guys do to make it as far as they made it? You know, there have been other projects that have come along. Let's learn what we can from them. Take the good, you know, change the bad and see if we get a better result. And we did. And it worked. And we got that result that we were looking for. And so we started talking about phase one. You know, we started mentioning phases and seasons and chapters and all this stuff. And it got very, very confusing with the terminology and the, you know, the delimitation of it all. But we started talking about phase one. And phase one of Texacoin was our effort to bring together a community, cash and a mind. And we need all three of those things to get this project moving in the right direction. We need a community of people that are going to be here to share our story. You can't have a currency without a community. There's no need for a currency without a marketplace of buyers and sellers that need to use it and trade it. You know, if you have a currency without, you know, a marketplace, a community of use, it's either a scam or it's a hobby. And that's not what we're setting out to do. So we need a community. We also need a community because we need stuff. And there are fifty thousand people in the Texas coin community now and then some that we can like ask to help us with different things. Hey, help us find this guy. Help us connect with this event. Help us get into that fair. And so you need a community. to drive this project forward. And it's tough. It's tough to bring people together because people are tired, people are busy, and very few of them these days are willing to get off the couch for anything whatsoever. And we did it. We said, hey, man, get off the couch. Come off the sidelines. Do you know anything about crypto? Nope, never touched it. Well, let's go. Well, then you're with us because we don't know anything about crypto either. Let's hold each other's hands and let's venture off into this exciting digital money frontier. We'll figure it out together. We need a community. The second thing we need is money. When you don't have any money, man, you don't have a voice. You're disenfranchised. Nobody's listening. You're talking to your brother-in-law, your cousin, your co-worker. Hey, man, I got an idea. Aren't you broke, man? Isn't this your like eight hundredth bad idea? It's hard, but you show up with your hair done and a nice shirt on that's clean and a couple bucks in your pocket. You start feeling a little bit better. You start feeling more confident about having that conversation with somebody. When you have money, you've got the ability to invest. You can do things with it. You can wrap cars. You can put up billboards. You can promote. I mean, I'll never forget November, when we hit profitability and we said, wow, now we actually have enough money to start to like do things, barbecues and meetups and traveling. And we did a lot of stuff with that community that we were able to afford to do because we sourced the cash that we needed to get the project really kicked into high gear. And the other thing that we really need in order for this project to be successful is a mine. And the mind is an important thing for two reasons. Number one, the mind is the backbone of trust, as I call it. The mind is what we build to create staying power. The mind is the thing that makes it, one of the things that makes it unlikely for us to rug. Well, why didn't they just disappear into the dark night? There was plenty of drama, plenty of confusion. They could have done it. Why didn't they? We didn't do it because we've invested millions and millions of dollars in physical infrastructure, copper wires, shipping containers, dielectric fluids, ASICs, transformers. That leaves a trail. It's the backbone of trust. Why don't we just disappear? Well, because we've put in too much that we can't walk away from at this point. And the mine for a very long time wasn't built. It wasn't big and it wasn't reliable. And that's all different now. I want to show you guys the pool page. This is where you can go to see what the current hash power is of the mine. Once our final shipping container in Victoria comes online, we'll be just about at the twenty three point three million mega hash that was sold or awarded to the miners. We're coordinating with Victoria Electric now the installation of that. But you can see the statistics right here, guys. You know, click on the diagnostics page, shows you who's connected from where, what the addresses are. You know, look, if you don't believe us at this point, I'm not sure what I could show you. You can go to Litecoin network. You can see that we're taking their blocks. You can go to the Dogecoin network. You can see that we're taking their blocks. But what I want to bring your attention to right now is the page that shows you our hash rate over time. And this is really what I've been watching. I told you guys back in the beginning, I watch one chart, the revenue and commission split. And if we've got a healthy comp plan, then we've got a healthy growing community. Well, what I'm looking at today is different. And the reason I'm looking at it today is because we've moved on to phase two. And phase two is utility. Phase two is dependent upon us having a reliable mind. Take a look at where we are on the thirty day hash rate chart. This is the first time that I've seen a thirty day hash rate chart at about this current hash power without it dropping all the way down to the bottom and sitting there for a day or two or three before bouncing back up. Now we've got little blips here. And we're looking into these. We're saying, well, what happened? Was the network really down? Was a monitoring device down? Is this something that we need to pay really close attention to? We've built a special service that gives us a live failover. So we've got a watchdog that's sitting there monitoring all this stuff. We get an alert. And if the hash power drops down for too long, we flip a switch that allows us to rent hash power so that our network continues to reliably create blocks and process transactions. And so this is the first time In our entire project that we've been at this hash rate, we've been at this hash rate for a couple months now, but we've been at this hash rate reliably. And it's not a perfect line, but it's darn close. And a reliable network is what we built. And so think about the basic components that we'd said that we needed for this project to be successful. We need a community. Check. We've got it. We've got you. You're tuned in. There are two hundred eighteen people right now. And many, many more will watch it on a replay later. Many more are watching it outside of the social media channels that are being tracked. We've got the cash. We have so much cash that we've been able to fund a very expensive legal battle over the last, what is it, eight months? That's a pretty cool thing, you know, to be able to have reserves so that when problems arise, you can deal with them really well at the best level possible. And now we've got a mine. We've got the backbone of trust. We've built, and it wasn't easy and it wasn't cheap, but we've built a mine. And I don't know if I can pull it up here. Maybe Maddy, Maddy, maybe you can find it. There are indexes out there of, I think it's on like Coin Wars, but if you do like a top, you know, Litecoin or Dogecoin mining pools, you can see the top pools. We're now number nine or number ten of the top pools. And on both Litecoin and Doge. And not only that, but we also are making enough money from the mining revenue that we're able to cover our utility costs now without drawing down from our main fund. And so if you look at the last thirty days, we've hit a hundred and twenty five Litecoin blocks. They're about fifty dollars a Litecoin, six Litecoin a block figure about three hundred or so bucks there. And then we've hit two hundred and thirty four Doge blocks and a Doge block is worth about eight hundred bucks these days. And so when you add these up, man, it's looking pretty good for being able to cover our electricity costs. That means we get to mine Texacoin for free. And this is what we set out to do from day one. And we've done it. We did it. We've got the community, we've got the cash, and we've got the mine. We did the impossible thing that the other guys weren't able to do. There you go, you got it, mining pool stats. So we're running right now at, um, nineteen. And so that puts us right there at number eleven. as of today for Doge. So we're the eleventh largest Doge miner. Now, what we're working on is getting our pool in that list so that you can actually see it. And that's a work in progress right now. But our hash power would currently rank us at about eleventh largest Doge miner. Click on Litecoin there. Let's see where we rank with Litecoin mining. Thanks for sharing this, by the way. It would put us at number nine in Litecoin mining. And that's a pretty cool thing because we can look each other in the eye and we can say, guys, we set out to build a mine and we did it. Is the coin in the top one hundred yet? No. Is it close? No, we've got a ways to go. But that's what comes from phase two utility. Thanks for sharing that, Matty. And so we've started talking about phase two late last year, late twenty twenty five. People said, OK, the price hit almost seven bucks in September. That was exciting. A year ago, we were like a third of a billion dollar value and then it started to fall. People said, what gives, bro? What's the deal? And we said, look, we knew that this was going to happen. We knew we were going to have our first cycle. We knew that it was going to get really hot and then it was going to cool down and that was going to be extremely frustrating for a lot of people. And so we're not hoping for the path to sixteen or a pump or an influencer to get this thing to where we want it to go. What we're hoping for and what we're expecting and what we're banking on is that our utility is what gets this thing up to the top of the crypto charts and keeps it there. We don't want to get there like one time. We don't want to talk to our way to like, you know, page one and then be gone in an instant. We want to get there. We want to stay there. How about for like a hundred and thirty five years? We want to be there for a while. And so in order to get there and stay there, we need something other than a pump. We've seen plenty of pumps, right? We need something that's gonna give us staying power. We need to put our roots down deep. Well, that's utility. That's what utility is. So what I want our community to do and to start thinking about is really utility and opportunities to find customers to use the network that we built okay so so you guys all thought we were like you know starting a crypto well what we're really doing is we're building a network and there's a new term that you're going to hear a lot about as we get into you know phase two here it's rails you're hearing a lot about ecosystem and you're going to start to hear a lot about rails get used to the word rails Visa MasterCard spent decades and billions of dollars building the finest rails in the land so that when you go in with your phone to almost any retail establishment now, restaurant, a shop on planet earth they've got a little terminal there and you tap your phone and the money goes from you to them and boy is it glorious it's easy it's fast it's seamless it's almost bulletproof they did it they built rails the rails are the things that they made that take the money from your account to the merchant's account that's what we're calling rails Well, we built our own rails and that's a really big and important and powerful thing. And so what we did as we were crowdsourcing the cash and bringing together a community of more than fifty thousand people is we built a network. We built our own rails. Now, we built the first half of it. We built the kind of brain. We built the, you know, the engine. We built the infrastructure, the mining, the supercomputers that are churning electricity twenty four seven, you know, making heat, making noise and making coins. That's the output that we get about every three minutes from this infrastructure. We didn't design it. We didn't come up with the idea. That idea of crypto mining was Satoshi Nakamoto. But it's the idea that there's now a connection between the work that these supercomputers do and a physical output of digital coins. And that's the incentive. I think next week we're going to talk more about incentive. Because how do you make coins in a fair and balanced way in a digital realm? Well, crypto mining. Well, how many does it make? Well, we know exactly how many it makes. Well, who gets them? Well, we know exactly who gets them. And so blockchain technology, when you're talking proof of work, mineable coins is an extremely fair, extremely level playing field. The difference between Texas coin and Bitcoin is you can buy your way with billions of fake dollars to the very top of the mining pools. You can't do that with Texas coin. You can't buy the biggest chunk of hash power. You can only earn it. You can earn massive amounts of hash power by helping us build and grow the community and source the cash. So we've got this self-reinforcing cycle here where you help us bring on more people, you bring on more cash, you grow the community, you get more hash. That hash gives you now more incentive to go out there and bring on more people and community building in cash. It's a really great system and it worked. But that was phase one. now we've built this thing it runs at you know million mega hash right now it sculpts you know electricity by the megawatt well what are you going to do with it well we need customers now we got to go out and we have to find customers to use this network without customers using the network it's a hobby project without buyers and sellers in the marketplace it's a hobby project Well, like I told you at the beginning of the call, we've talked a lot about honest money, but today we're going to talk about fair money. And fair money, as you recall, back to the end of twenty twenty five was my first idea. Of how we were going to build real utility and purpose and value. For our project. I want to take just a real quick trip down memory lane if I can get my screen to agree. But this project is based on something that I did extremely successfully back in like, two thousand and ten, two thousand and eleven. I started a project back then that I called Coin of the Realm, and this is the leftover brochure that's been a great guide for us as we've gotten this new project going. Coin of the Realm was in a turnkey event token service program, which very simply means that we show up and we get to be the bank. We introduced tokens for people to use at fairs and festivals. Why tokens? Well, because they're easy to count. They're easy to vend because they fix a lot of problems that people had at events with using cash or credit cards. And so we created these really fun themed tokens. This is what I did back in the old days. And this project was kind of the inspiration for fair money. And what it does for us is the exact same thing that tokens did for us back in the day. And this whole project, is kind of this beautiful contrast between what i did years ago successfully and what we're doing today with the realm of texacoin and digital currency you know i've been doing this alternative currency thing for a long time i was able to do it successfully you just saw how we build out coin of the realm to do that But it's slow, man. It's real slow. Minting coins. I'll never forget sitting down with the event manager for a town in Dallas and saying, hey, we want to do the tokens for your event. Okay, well, how many do we need? Oh, geez. If you've got a hundred thousand people there and they're spending an average of forty bucks per person, you're going to need four hundred thousand tokens. And they said, is it a hundred times forty four million, a hundred thousand people times forty four million? And I just went blank and I said, we can never make that many tokens. The amount of room that we would need to just store those tokens is impossible. Four million tokens is going to be a lot of warehouse space to hold those tokens till next season. Just too much. You can't do it. And so honest money, the old-fashioned way is great and it's fun, but it just doesn't scale. And once I realized that, that's when I started Texacoin. We're going down that very same path with fair money. And fair money is a turnkey cashless payment system for fairs and festivals. why is that so important it's so important because people are extremely comfortable using alternative currency inside a limited engagement event if you go to an event and they make you get a tap to pay card or they make you use tickets or coupons fine that's what we expect it's a little annoying because you got to go wait in that other line and we've got a solution for that But people are comfortable and familiar with the concept of using an alternative currency when they go to a festival. Just how it works. Well, why do they do it? They do it because the event managers have the ability to take a percentage of the revenue from the vendors. The vendors are charging six bucks for a lemonade, and so they give a dollar of that back to the event organizer. It's an equal exchange of value for them. Everybody does well. they do it for better reporting they do it for better cash control and they also do it because it actually ends up boosting the amount of money that's spent at these events think about it if you go out there and you buy a turkey leg and a hot dog and a funnel cake and it's thirty eight dollars you spend thirty eight dollars. But if you buy a cash card that's got one hundred dollars on it, you're probably going to spend the better part of one hundred dollars because, you know, at the end of the event, it's not going to have any value. So you get three funnel cakes and two turkey legs and, you know, six extra drinks. And that's what normally happens. So events that switch over to an in-event currency end up seeing a boost in their revenue. The vendors see a boost. You know, and who pays the price? Well, like everybody does and no one does. And so it works inside of a limited engagement event. And so we found that to be true. Fifteen, seventeen years ago when we were doing it with tokens and we know it to be true today because there are already other players in the marketplace. What's the difference between then and now? Why am I so excited about it today? Why am I so confident that it's going to work and an important thing for our project? Because we built the rails. Because we don't have to pay a network access fee to Visa MasterCard to run this project for us. We build it. And now we've got it the rest of the way, which is why we're talking about it today again after four months of not hearing about it. We knew that this was going to be important at the end of last year. In December, early January, we signed a contract with the Texas Music Revolution. People said, when, when, when? When is the price going to go back that way? We said, when our utility kicks in. Well, what are we doing for utility? We showed them a contract. We said, we've paid a lot of money to have the right to be the bank, to run the payment system inside of this event. And we're very excited about it. And the event's going to happen in June. All we need in order to be successful is the tech. We've got the network. It's not really reliable just yet, but we think it'll get there. And we don't have the tech yet. Today, we have the reliable network and we have the tech to make all that happen. We built the rails. We built the backbone. And now we've built the tech, the rails, the actual part where the people have the cards to tap on the terminals. You've seen the terminals going out into stores already. They're the same terminals that we use for Nectar Pay. You have a terminal right there? You've got a terminal. It's the same machine. It works for crypto. It works for fair money. And so now that these terminals are going out there, the network is growing. the rails are going further and wider than they've been before. And so now we have the ability to get started again with fair money. And there are a lot of benefits in there for the merchant. There's a lot of benefits in there for the event organizer. If you'd like to take a moment and go through the fair.money page, I'd encourage you to do so and learn about how the product works from end to end, start to finish, what the benefits are for the vendors, what the benefits are for the event manager. But I want to give you two more things and we're almost out of time for today. I want to give you two more things to not convince you, but to assure you, reassure you that we're doing the right thing and going the right direction. Number one, this product, this service is better than everything that's on the market right now because it gives the event managers what they really have been saying is the most important thing. And you may recall that we were at the IAFE convention I don't remember if it was like late last year or early this year, but we were there and we presented. And the thing that we heard from the people at the International Association of Fairs and Expositions again and again and again at this event, and the next one's going down, Gage, mark your calendar, end of November, early December in Louisville. is these guys want to have the ability to create benefit and value for the host community. And we heard the same thing from downtown McKinney with the festivals that show up there. The downtown McKinney businesses don't really like the events and festivals. A hundred thousand people show up in town, they take all the parking spots, they jam things up for two, three days on the weekend. they're not there to go visit the italian restaurant they're not there to go to the steakhouse they're not there to like you know do anything other than listen to the music and buy expensive you know corn dogs and hot dogs and um you know beers and turkey legs and so that money shows up it gets spent with those vendors and those vendors leave town and it's gone And the local businesses are like, well, that's three days that are kind of off the calendar for us because the city's jammed. No one's going to come downtown. None of our regulars are going to show up and deal with that crowd. And so we're really quiet those days. We're like, mind blown. You would think that you would be just so happy that a hundred thousand new people are going to walk past your shop. It's actually the opposite because they don't get the ability to take advantage of that economic benefit until now. Well, how? Well, all those people are coming in with all that money and some of that money isn't going to get spent. It's going to stay on their NFC tap to pay card. And we have the ability to market to them and say, hey, remember that leftover sixteen dollars that you didn't spend on that extra funnel cake that you didn't need? It's not wasted. Bring it back downtown this Tuesday and go to the Italian restaurant. Oh, interesting. Well, they're not going to go to the Italian restaurant and spend sixteen dollars. They're probably going to go to the Italian restaurant and spend eighty five dollars. And so they're going to add more value to that card so that they can pay the sixteen or pay the eighty five dollars that they need to settle out that transaction. And they're not going to add, you know, eighty five minus sixteen. They're going to add another hundred bucks. And so now they've got, you know, fourteen dollars left over on that card that brings them back downtown again and again and again. So the benefit that we create with fair money is. lasts well after the event concludes. And that's a big thing. It's a big thing because we know firsthand from experience last year that this is what the communities and the participants at the IAFE, and this is the big trade group for the industry, this is what they're talking about. They're talking about how we can create a better impact for the communities that we serve. And so we will be back there this year to share our story once again. Big difference between then and now is last year we didn't have the tech and we didn't have the network. This year we do. This year we have the ability to demo it. Last year we talked about it. We said we're working on it. This year we have it. And that's a pretty cool thing. And the other thing that we have going for us is we have a really great relationship with this group, which is the Texas Downtown Association. We were their big sponsor last year. They've been watching our project. They said, hey man, hope you guys are doing okay. We know that you're going through some stuff. Reach out when you're ready because we used to go out to these round tables that were hosted by the Texas Downtown Association. And we had, oh, I wasn't even sharing my screen then. Sorry about that. Let me get that back on there. Texas Downtown Association, as I mentioned a moment ago, we have a great relationship with them. And we started going out to their round table events. They do events all over the state. year round, they've got big events, they've got smaller regional events, but we've got a great relationship with them and they care about us. And they're eager to hear when we're gonna be ready. to follow through on the things that we talked about. Now, you might remember that earlier this year and late last year, we had Stephanie working on that. And Stephanie was really concerned about us making sure that we dotted all of our I's and crossed all of our T's on the licensing and the legal side, because the last thing we want is to open ourselves up to any more cans of worms than we've already got. And so now we've worked hard to cover all of those bases on those things to make sure that we've got all the licensing and permission that's required. We've got a working network that's able to carry these transactions. Remember, we've built the rails. So we get to be the bank. Instead of charging consumers through the nose for it, We get to create an additional benefit because our rails continue to work even after the fair concludes. That's half of it. The other half is that our rails work before the fair even begins. So, hey, do you hate waiting in that line when you get to the festival to, like, buy your coupons? Download the app and top up your balance now. That way you get to skip the line completely. Well, that's a great idea. Okay, well, two weeks before the event starts, you'll get a pop-up saying, did you know that that same money you can spend downtown could also be spent this week at the local Italian restaurant? What a cool thing that is. So now the local business community is able to benefit both before and after the event gets to town. So that benefit of building those rails begins before the event and it doesn't end at the event. And that's a powerful thing. That's what helps keep money moving quickly and staying downtown and moving without fees. Because when the banks skim that top three percent off of every transaction, it adds up and it adds up fast. We built the rails, we built the decentralized rails so that that doesn't happen, but so that as more and more people use it, the value of the underlying digital asset that's created by that network, that mine, those rails increases. So we have a different incentive structure. Instead of charging everybody three percent to use our network, let's give our network away for free, practically for free. You can do ten thousand transactions for a single TXC. Let's give people really, really cheap access to our network and then let's hope that supply and demand kicks in as people have to go out and buy more and more of that TXC to use the network. Let's hope that that boosts our value in the long run. Imagine if back in twenty eleven or twenty ten when Bitcoin was twenty cents a coin, You went to a festival and you picked up four Bitcoin and you didn't even know about it. And it was just kind of stuck in the back of your app so that you could buy turkey legs. And then you went back the next year and well, you didn't know it, but the price of Bitcoin was up ten X and you only got, you know, half a Bitcoin. you kept stockpiling bitcoin and as more and more people use this network as more and more people use these rails all of a sudden the underlying digital commodity that's created by the rails becomes more and more valuable that's what we've built that's what gives this thing a long-term value and staying power it's much better than influencers it's much better than having a Coin the project that comes and goes where everybody laughs about it later. We built the rails. It wasn't easy. It's done. And I'm very excited about that. Gage is going to be kicking off our sales plan for the Fair Money folks. And so, again, we're coming back to our community and asking you to do two things. Number one, put TXC in the comments so that you, too, have a shot at a thousand TXC. It's going to happen any moment now. And two is... If you know somebody that manages an event or is on a council that coordinates an event, we are ready to know about that and present them with our fair money solution. We built the rails together, guys. Let's put the network to work. That's what we built. That's what we have. We haven't talked about it in a long time because we were waiting for the tech. But now we've got the community. We've got the cash. We've got the network and we've got the tech. We are ready to go. We signed a contract before. We invested in it before. It didn't work out. We had a cease and desist that created a lot of chaos. And we didn't have the tech. We weren't ready. We were hoping to be ready by June. We're ready now. It's go time. Maddie, tell us who is going to be taking home a thousand TXC. tonight. We got eighty nine entries in there, guys. Can you refresh it or is it too late? Because we've got some last minute TXC entries. Refreshing live. Yeah. Here we go. We're going to do the drawing and you're going to have to message on x.com slash texic coin um so i'll be able to have your address to mail you uh your your one hundred trillion dollar bill from zimbabwe your cold storage coin that's been updated uh the two point oh version with words for multi-chain and a thousand txc so we're gonna pick our winner now going through all the entrants on all the different platforms jose jose go ahead and i see you're on youtube but go ahead and message us on x i'll drop the link here in the description and uh yeah congratulations that's very cool i love how that tech works man what an easy thing to do thank you everyone for tuning in to tonight's call um like i said at the beginning of the call guys i know um exactly where we're going i know now how to get there i didn't know two and a half years ago it was an idea we follow through on every promise that we made we built the things we said we were going to build we've got a working network now and we're ready to go we're ready to start using these rails and so um you know pat yourself on the back we made it we made it through and we'll start bringing back to this conversation in the next couple of uh weeks the names and dates and locations of the events that we're booking up they're not hard they're actually very easy to get Events are always looking for sponsors. Hey, we'd love to sponsor your event. We just have one catch. You got to let us do the in-event payment service. Sure. It's going to boost the revenue. It's going to streamline your reporting. It's going to give you a benefit that lasts after the event concludes and starts before the event even begins. It's a great thing that is going to be very easy for us to sell. And it's totally different from Texas coin. It's totally different from pitching mining packages. You know, it's something that gives us a whole new conversation to have with a whole new group of people. It took us a while to get here, guys. I'm really, really appreciative of your patience and understanding. your kindness and all the things that you've done along the way to uh to stick with us and i know it's been a journey and uh and i know we haven't won back everybody yet i know we've got some work to do still and um and rest assured friends that we are still continuing to work hard every day to get to the place that we know we want to go so thanks for tuning in thanks for joining us and we will catch you guys on tuesday at noon central time for honest money live with our very first guest my personal hero dr ron paul thanks everyone and maddie take us away