 Hi, it's Joe Hall with Cointelegraph. I like to play games and I think bitcoiners do too. So I thought I'd interview Adam Back, CEO and co-founder of Blockstream and one of the few people cited in the bitcoin white paper, but were playing Jenga. Jenga is a game where you put blocks on top of the other, in a chain. So I thought he might be quite good at it. Very good. And what about the future? What does the future hold for Adam Back? Yeah so I think bitcoin is like a very fertile ground for an applied R&D and it covers lots of interrelated topics for people with you know mathematical, computer science, programming. That's all interesting to me. So yeah it's just more bitcoin. More bitcoin. Bitcoin is like more block. Yeah. I don't know, we're getting there aren't we? There's nothing really moving here. Yeah. These three here look ripe. Are we like maybe that one? Okay, like that one looks like. Then that's creating a very unstable structure at the top. Yes, steady hand. You know you've seen the space, you've seen the space evolve and develop over the past what 13, 14 years. What advice would you give to someone that's you know picking up and learning, you know the new generation of Gen Z's approaching bitcoin or boomer coin, some of them like to call it. What advice do you give to these guys that are starting out? Well I think the a good way to get involved is to sort of try to contribute to something as a volunteer and you learn things and you get to interact with people and then you know after a while people might you know you might be able to get a job on a basis of that. It's kind of a way and that could be across many different things you know like user interface or documentation or educational materials. There's lots of different things you can do so kind of running out of options here but this is like a bit hard to get anything that's stiff and it's a little bit sweaty under here. Okay and we haven't spoke about blockstream yet. Obviously you're very busy with satellite projects putting Bitcoin in space. Why do we need Bitcoin in space? There's a few reasons. One is because it's cool and you can. Why do anything like that? Yeah and another is that you know when you connect a Bitcoin node to the internet it's a peer-to-peer network so it's kind of naturally advertising to anybody that tries to, well that's a bit surprising. Now I've seen it all. I mean wow the whole thing is resting on one and it's off-center too. Give up lock picking, start jangering you know. It's a real blockchain. Yeah and so you get some kind of privacy because the receiving is anonymous. Often blocks. Yeah yeah. Yeah we need to get some more blockchain or Bitcoin tons into this. This guy here just seems like he's doing nothing. No he's useful. Okay let's see things differently after a while haven't you? I mean the things fire up but the problem is it's got so unstable they probably knock it off trying. Well that's it. This one here is so we're gonna put Bitcoin in space because it's cool. Yeah and I mean it gives you some privacy because you can receive the data anonymously because it's broadcast and basically nobody can tell you're receiving it so that's good for privacy. It's good for companies because you know they really need to make sure. No shit! No shit! Oh shit! Oops. Well it was like basically tapped out right there wasn't much options left. All right well played Adam. I mean I expected to lose there with the man that is you know building blocks better than most people. Yeah so yeah it's like the satellite is good for companies to have redundant internet connections to make sure they're on the right blockchain if there's a local network issue or if a router is hacked to like selectively block prevent blocks passing through and it also lowers the cost of staying of being on the network so for emerging markets the cost of a you know an internet connection fast enough to keep up with Bitcoin is actually expensive compared to salaries whereas to us we don't think too much about it because you know we've got high-speed 3g 4g on phones and a high-speed internet and it doesn't cost that much relative to salaries so it reduces that cost because receiving the bulk data is free. So in the update we did a few years ago we added more bandwidth and more compression and set it up so that you could sync a node from scratch by the satellite it takes a week or two but actually fetches all the history as well and reassembles it and it's some pretty cool kind of tech in there in terms of error correction and redundancy so you can you know jump in and receive enough of these chunks so that you don't have to wait for like a repetition you just receive parts and you miss some parts and there's a kind of redundancy code that allows you to reassemble the original from any sort of subset of these parts. I think we should probably leave it there. Yeah. What do you think? Okay cool. That's a wrap.