 What was last that news? My name is Robin Houston. We have a massive problem and that problem is deep fakes And what I'm talking about is there was a video was put out This is from accompanying it by the name of 11 labs showing their audio cloning technology And I'm gonna play this video. It's about 38 seconds or so But when you're listening to this think to yourself how easy it would be to fool a person into a scam Think how easy would be to fool a person who thinks it's a politician talking think how easy it would be for Men to believe it's a it's an actual head of state or a country or a military personnel Or something that could really damage people in the long run Just take a listen to this and tell me what you think not as an expert But as a concerned citizen Well the former the thousand people who marched in the streets of New York on Sunday And the billions of others around the world who want to solve our climate crisis As an actor I pretend for a living Play fictitious characters often solving fictitious problems I believe that mankind has looked at climate change in that same way as if it were a fiction Is it pretending that climate change wasn't real would somehow make it go away? But I think we all know better than that now scary stuff, right? So I put this on a Twitter and I said can Bitcoin fix this as a joke and then Some people like yeah, Bitcoin can fix that because I can do this I'm like I don't think that's remotely even possible and when I was getting to the point of was with was this I Still believe that Bitcoin can't fix everything and there is a place for other as people reluctantly will call them S coins So when I think about the things that could actually help us it'd be something like this This was an article that just dropped today European Union discusses using zero knowledge proofs For digital IDs first of all what the heck is a zero knowledge proof or ZK proofs and its most basic sense a zero-knowledge proof Thought of as a protocol through which a digital authentication process can be facilitated Without the use of any passwords or their sensitive data So just think about all the different email accounts that you log into all your bank accounts everything else and also think about all the Different personal data that you've had hacked that is floating around the internet That is what zero knowledge proof can get rid of and it also can do as far as Authentication which we can get rid of stuff like this. Hopefully as time goes on so as results No, no information either from the senators or receivers and can be compromised in any way. So we're talking about digital IDs Just wait actually gets pretty good with zero knowledge proof. So on February 9th research energy committee included the Standard of zero knowledge proofs in its amendments to the European Digital Identity Framework or EID And it was voted in by 55 votes to eight. So pretty good. It wasn't even close 55 Yes eight nay and this specifies that a you EU citizens would be granted full control of their data with the option to decide What information to share and with whom here's the statement the new EID would allow citizens to identify and Authenticate themselves online without having to resort to commercial providers like we just talked about as is the case today Practices of race trust security and privacy concerns and then another statement from Jonas Fredrickson the senior director for EU government affairs at circle first of all Circle the company that is responsible for US DC has a senior director for EU government affairs if you don't think Circle and their CBBC is gonna go is gonna go pretty far or excuse me. It's not see what you stable coin I'm sorry, it's gonna go far I mean just look at the people that they put in a power or around the world to kind of overlook what things are going on and Also, if you want to dig deep into the stable coin issue, especially with what is the security? What is not a security and Gary Gensler all things that were going on? We did a pretty comprehensive show on NFA live just just yesterday. It was me Ben and a guy from Coin Bureau went over a litany of different things I'm gonna link that in the description or explain a lot about how honestly I got some things wrong As far as with what the SEC is wanting and what exchanges are wanting as far as stable coins and state But I digress we'll get back to this piece and finish up Jonas states this the proposal would facilitate the emergence of new business models and Opportunities and the digital economy zero knowledge proofs So when we took a look at this and we and we think about AI says all AI generated We start to think about the jobs that are gonna be lost But I think it's just like in the late early mid to late 90s when the internet came about and people thought that all Their jobs we wiped out because the internet would take it. It's not the case It's just that the jobs would transform into something else I see there's a lot of people are gonna use the AI and they're gonna be massively wealthy and the ones That don't utilize this tool to help them scale are gonna fall behind But to finish up today as far as zero knowledge proofs When I think about zero knowledge proofs, I think it's a great technology I think about some projects one of those being polygon. I don't know this but polygon. They're going to launch their Mainnet their zero knowledge EVM on March 27th, and this has been quite some time coming So they're gonna help us out with privacy Hopefully a little bit through throughput and then I think they've already fixed the issue that they had with transaction costs and things like that actually In reverse so this looks pretty good for polygon as we're talking about zero knowledge proofs And now that you want to use them again Look at the companies or the products that are building in the bear because they will crush it in the bull on Top of that polygon There was a little statement from Ryan Wyatt Ryan is the president polygon labs and just announced that square onyx Has announced they're building on polygon. I don't know if you know square onyx But I always say that wrong but correct me in the comment section but they're responsible for this little game called Final Fantasy don't know if you heard about it seems to be pretty big with the kids and They are the ones that are gonna come out and say you know what we want to build on polygon on top of that You've had Disney Starbucks Nike also a platform. I've talked about before again, so Kishi They're also all building on polygon and a host of other things So I think polygon is doing pretty well and before we go on let me make things crystal clear. I'm super biased So the things that I talk about you have to understand I own all of them So I know that with like z-cash and snarks and z-kill ups and then that z-cash those are things I just don't own z-cash. I really never really got into it So don't talk about it too much. So it's up to you to do your own research But just know that if I'm talking about it on this channel, I own that crypto Just want to make that a hundred percent transparent and clear also Speaking of things that are moving in the right direction as far as with digital assets Sony eyes and investments in web three projects I'm gonna go over this because it's just a it's just an incubator program They're gonna roll out from March to June, but it looks like Sony, which is a pretty massive conglomerate globally They're gonna start to roll these things out and look into web three projects Which could help I think a little bit of notoriety and use case for crypto Now I just want to finish up with this the reason that I talked about That Bitcoin can't fix this is because it can't fix those those new fakes not to I can see right now And one of the things that I always concern me when I got into Crypto, I'm gonna concern me was it was it gave me hope is that other Bitcoin maxis they talked about how Bitcoin can fix everything Bitcoin is awesome all the rest of these different Solutions and projects. They're just there to take away Money for that you would put into Bitcoin and hold all and diamond hands forever And they said don't worry because we're gonna build everything on top of Bitcoin because it's the most secure Computerized network the entire planet and I bought in the narrative But now as I see things moving forward I kind of look at I'm like Why aren't we doing more things with Bitcoin? And here's a prime example and this will be the last story ordinals So ordinals if you don't know this just rolled out about a month ago or so. I was at the dates wrong, but What it is what it essentially does is that ordinals digital assets are inscribed directly onto Satoshi's The lowest the nomination Bitcoin without needing a sidechain or token developers that inscribe jpegs audio video and even video games To test the limits essentially it's Bitcoin NFTs and I just looked down like that's great Now I might slow, you know The process down for Bitcoin and might raise a little bit of fees, but I'm sure the miners don't mind But when I see this statement despite pushback from Bitcoin purists ordinals show no signs of slowing down I think to myself What are we doing? We talked about how Bitcoin could do anything and do everything and don't worry We'll build on it and now we get a new use case and the max is like no we don't want to do this So maybe I'm seeing this wrong. Let me know where I'm incorrect in the comment section But it's just concerning to me that we see a new utility and the max is like we don't want that It's only gonna be whatever they say it is for this week And then lastly I would have say if you want to see what's going on with ordinals There's a website linked in the description called gamma.io and it's kind of like the the open sea of Bitcoin NFTs You can just see how things are denominated and the things that are moving around this thing's called stacks That is the smart contract platform on top of Bitcoin And you can see there's a lot of different things that are going on and it looks like there's some Honestly, there's some pretty expensive Bitcoin FT's out there, but that's it So I'll bring it to your attention see what you think that's it for today So look like today's video give it a thumbs up consider subscribing everything we talk about is time sensitive That's it for today. Thank you so much for stopping by. I do appreciate it and I'll see you on the next one