 Today's episode of The Bitcoin Show is brought to you by Mt. Gox and the Thank You Economy book and CarpeVM.com Hey everybody, welcome to The Bitcoin Show. Today we have several things going on. So many things are going on. It's like crazy. We're taping several shows today in fact. But one of the things we're going to do is we're going to start a new program we're calling the Bitcoin Fire Hydrant Free Money Giveaway. So get your Android or your smartphone with the barcode reader ready and aim it at your screen if you're watching live or even recording because if those people are watching live or too slow you might be able to pick this up even on the recording later. But anyway, get your scanner ready, aim it at the screen and when you see a QR code you're going to get free money. So we're going to have a QR code displayed on the screen live which is going to be a Mt. Gox voucher code and if you don't know how to redeem that go to mtgox.com create a free account if you don't have one already and then you do funding options, add funds, Mt. Gox redeem mobile code. You'll paste that redeemable code right into that box and hit redeem. If you also if you have the app for Android there's a redeem code button right on there so you can scan it and hit redeem even faster and you'll beat the other guys. So whoever redeems it first it can only be redeemed once but we're giving away free Bitcoin. We'll be doing that several times throughout the show so keep watching and we're going to, this is a new feature we're going to do every day. We're going to give away Bitcoins every single day. So keep your phone aimed at the screen. You have to watch like this. All right. But anyway, today's guest is Yifu Guo, co-founder of Bitsyncom and we have major news about tablets, tablets for everybody but especially for Bitcoin so hang in there. Welcome. We're back. So today's guest is Yifu Guo. Yifu, you there? Can you hear me? Yeah. What's happening? What's happening? A lot. Bitsyncom, you did a presentation recently, right? That is correct. So give us the executive summary. What was it about? Well, other than talking about, I'm going to skip over how our monetary system is terrible and how Bitcoin is the next thing but majorly see Bitcoin as a problem and without problem, it's designed for a future that's not here quite yet. Designed for a future where internet accessibility is widely available and internet accessible devices are cheap. And a few months ago, I went to the Bitcoin conference here in New York and everyone's working and I thought, well, the software will come, right? I mean, it has to but what about the hardware? If you're going to become a cashier at some restaurant, you've got to learn how to use the cash register. And with that in mind and I began my quest to find and when I had an encounter was that, well, they're cheap capital solutions over in China and they're already now. Okay. So what do you think is the solution to that? Well, I feel that like it has to be compelling enough. I mean, like Amazon kind of fire just recently released like, you know, the $199 reader that's selling big but I think that you could go even cheaper than that. And what I found out is that we always knew that, you know, because China makes everything that it's definitely going to be cheaper over there. The question is how cheap was cheap? And I found out that, well, you could get a very impressive spec of a tablet for fairly a lot of money, say under $150 or maybe even under $150 and that could, you know, facilitate as a point of sale system with a customized Android ROM and it will be, you know, just for everybody. Right. And even if you're not into bitcoins, I feel that these tablets are, you know, they really sell themselves due to the fact that they're so cheap and versatile and I feel that a lot of people want one because that's what people need at the moment. Switch over here to my screen and I want to show you this is an article from Computer World. Actually, let me just interrupt us just for one second and tell you that we just gave away some bitcoins while you were talking. There is a QR code on your screen and that giveaway was brought to you by coinbits.com. Coinbits.com, Bitcoin news bits. Check it out for all the latest news on Bitcoin. Anyway, if you were quick enough, you just got some bitcoins. All right. So thanks to coinbits.com. Now back to this Computer World article about tablets. They're talking about tablets priced under $100 with Android 4.0. You were saying that's obviously it says in China. So it's under $100, maybe $99 if you're in China. But this technology delivered in the US, what is it going to cost? Well, I don't know, shipping plus whatever the profit margin people want to do. And that's the thing. If you look at all corporations, too, they aren't the middle man, essentially. They don't make the stuff. They package it. They rebrand it and they sell it to consumers like us. And in this whole presentation, one of my point is to providing potential peer-to-peer. And that's one of the goals where we're moving all the middle man. You're moving the corporations. You're moving like the redistributors. And you're going directly to the manufacturers, people with the things that you want, like you need somebody's skill set all over. And the future where banks are replaced by bitcoins or by you and people like you and you can pay everything and anything with bitcoins. That's what essentially we're trying to lead into this by building infrastructure. Okay, cool. Yeah, so this goes hand in hand with what we're doing here. I'm working on a thing we call Bitcoin Promote, which is two things. One is liquidity, making it easier to buy Bitcoin and sell Bitcoin. And also the merchant services, which I call BitcoinSolutions.com, where we're actually on Saturdays as a group of us volunteers who are literally going door-to-door, merchant-to-merchant, and selling them on the idea of accepting Bitcoin and why they should. We're going to try and build a community. I was telling you last night, we're going to try and, I'll call it Bitcoin Villages or something, but a community of neighborhood or neighborhoods that may have 10 or 20 or 30 or 50 businesses of all kinds of businesses that accept Bitcoin. And one of the challenges that we have is that the cashier has to have Internet access. They have to have an app or browser or whatever at the very minimum. They have to have Internet with a browser. And so that's where you guys come in with this idea of a real lightweight, affordable tablet, and it has Wi-Fi, right? Or you can plug in a USB Internet. Yeah, totally. I mean, the cool thing about generic OEM-based tablets is that they have these extra features, such as like HTML and USB host, which essentially allows you to plug in USB devices such as a USB to either an adapter or a mouse and keyboard or a USB hub. And generally, it allows you to do a bunch of stuff, because underlying Android is Linux, and Linux is quite supportive when it comes to things like that. Rock, solid, reliable, and support, and free open source, of course. So it's very transparent. You know what's going on. You don't have to worry so much about viruses and things. Exactly. Speaking of connectivity, and that's actually the second part in the stage of the whole thing, the presentation I gave on was on three technologies. One of them is the Bitcoin and the other one is the tablet. The third one, I'll quickly mention, is the meshnet. The meshnet essentially is an ad hoc mesh wireless mesh network that's going to be owned and operated by the people and not the corporations. And effectively, and what a really interesting idea of that has been talked about is the fact that when you join such a tower network, there's going to be a host of Bitcoin wallet, and when you provide bandwidth to the meshnet, Bitcoin come into your wallet, and when you leech bandwidth from the meshnet, Bitcoin trickles out your wallet, and that creates like a whole self-saving ecosystem where you don't, you know, where bandwidth essentially becomes the value. And Bitcoin facilitates that, and they're both peer-to-peer systems, so they work well together, and I feel that that is the way of the future, especially the way we're progressing out. And that's another sector of the infrastructure, so the tablet solves the Bitcoin's problem of connectivity, and then the meshnet solves the tablet's problem of connectivity. And by bringing all these three things together, it's a pretty bright future, and that's what we see here at the CINCOM. A synergistic environment ecosystem, a bit-sin synergy. So the meshnetwork, see, that was a new concept to me, but it makes perfect sense because everybody has access bandwidth. You're paying for that super-speed internet access when you're not even home, and it's just being wasted, you know. So in a sense, it's just not being used, so why not share it? And then while you're sharing it, you're actually earning Bitcoin, and then whenever you use it, you know, use other people's access, then it costs a little bit, but probably you'll end up with more, kind of like a ratio, a file-sharing ratio, on a peer-to-peer, like a BitTorrent site or something like that, where it keeps the score of how much you take and how much you give, and as long as you're giving it at least as much as you're taking, you're all good. Right, precisely. And another thing is like load balancing. It's effectively load balancing the entire network. When you're not using the insets, somebody else might be using it, and I buy it first, but really, you only maybe need one internet connection for whatever the radius, block, or power could cover. That would be okay. You don't have to, like everybody, every household, paying $69.99 or $99.99 for a month for just the internet, and maybe TV, which ironically runs on your internet line, so it's kind of like, you know, you don't need all these things. I know, right? And I feel that a lot of people aren't aware, and another problem we have with technology, technology has black, we really understand that. And I feel that if you want to learn Bitcoin properly or understand it, you have to understand the system that comes before it, because every system is built on top of each other. Right. It's built on top of the internet, the central banking, and all of this other stuff that sort of are the fabric of our society that we just kind of use, and our work is comfortable with, but don't really don't get. It's like losing to house mortgages we never really understood when we signed it, and things like that happen. And I feel we should really be educated in the sense and that's what this whole, you know, another movement about this project is about, it's about transparency, it's about education, and just bringing to everybody the data they need to understand what they're seeing. Exactly. Yeah. And then the mesh network makes so much sense because there are, you know, we're paying for internet at home, and obviously we're not there all day, but there are other people that are there that could be using it. And meanwhile, here at the office we've got, you know, 35 megabit up and down through fiber and all that, but when we're not here, there are people, there are residences around here that could be using it, you know, or whatever. So it makes so much more sense to share like that. Yeah, limiting waste, it's very green. Right, exactly. The only ones who are not going to like it are obviously the... The ISPs, but that's the thing, you know, that is the future. The future is where your internet providers and banks are being replaced by you and people. Yeah. Well, this will drive the cost down. It's competition. Plus, it's much greater than the global eye of the economy where you're not trusting a corporation, you're trusting an anonymous entity, you're trusting like your neighbor. You could go on and have your drinks through your ISP, you know, quality of eye care. And I think you should. That's how you build communities. Good communities and good neighbors bring good things. Right. More competition is always better. We've got this problem of everything consolidating into, you know, five companies to two companies to one company in monopolies. Anti-trust law somewhere. Yeah, it's really a problem. We need competition. So all right, so back to the... I want to talk about the tablet. Oh, wait, one more thing about the mesh network. So you're talking about a tower and how far does this signal reach? Is it Wi-Fi? Yeah, it's Wi-Fi. I mean, it really depends on what the antenna we're using. Like if we're getting... I mean, we're really looking for places with high elevation because especially in Manhattan, you're looking at like, you know, 20, 40 feet of concrete and that's not very good for a single reception no matter where you are, what kind of antenna you use. But in theory, on a fairly open field, on a fairly open field, we're looking at maybe like five kilometers radius, five miles perhaps, three to five miles, that's very good. Maybe 20 miles point to point or even higher than that, depending on what equipment that we're using. But they're fairly cheap now. It has finally come to the point, like a few years ago before to do this, this would be practically impossible simply because the cost would be, you know, enormous. But now these commercialized thing has become cheap and manufactured in China again. And so we could actually just send them for maybe $50 to $100 and they would soar our needs and people, that's not so technical could also just get these things and put them together and just join the meshnet. Like they could just contribute which is a very nice peer to peer thing again and that's why this is great. Do you need any kind of a license to broadcast that signal that far? Is that regulated in any way? I really don't believe so because like we're running on the 2.4 gigahertz spectrum and that is like all commercial hours are licensed with that. So there are no laws stating that you can't have a meshnet, like have a wireless network bigger than, you know, whatever miles. Because people have been trying to break that, like, you know, that there are people getting these huge array antennas trying to hit Wi-Fi networks over like 400 kilometers. If there's laws against that, I mean then I guess they wouldn't be doing it. But maybe there will be laws against this if, you know, these big ISP's got enough lobbying to do this stuff. If it gets abused, yeah. Okay, cool. That is something you have to worry about. That's interesting, another fascinating evolving technology like Bitcoin. Now I want to talk about these tablets again. The, bring this up on the screen. So this is just a prototype example of one. But then, now these are tentative specs that you sent me, right? These are, you've got, if I can just read it out, processors all winner, A10, 1, 1.5 gigahertz, right? Yeah, that's correct. GPU is Mali 400, 512 megabytes of RAM, 8 gigabytes flash, expansion memory, up to 32 gigabytes microSD memory card. It's a seven inch screen. Five point touch, yeah. TFT, Wi-Fi, G-Sensor. 800 by 480. Five point touch. What's a five point touch? Five point touch is five point multi-touch. On the screen, okay. Okay, G-Sensor, Wi-Fi 802.11, B and G. Not N, not N. These are subject to change, right? These specs? See the thing is, that's what's currently available now because prototyping availability is immediate, really. We're hoping to do a control group prototype. Okay, so these are the specs of the immediate prototype. And obviously they're going to keep improving. You got a front and rear camera, right? Front point three. Yeah, the front is a PGA camera. The back is a 2.0. Two megapixel. Oh, you meant back. You said black, but you meant back. OTG support video output mini HDMI. Wow. Yeah, GP image. And it's going to ultimately have Android 4.0. That's correct, it runs. It runs through the brand, it runs on com. Even the prototypes are going to have the ice cream sandwich? Yeah, I got it running on it, but it needs some work. It needs some work. It's coming soon. RSN, as we say, real soon now. Video 2160P and the battery is 3200, what is that, microamps? 3.7 volts. Size and weight, so it's 350 grams of weight. Yeah, it's about 170 grams, to be honest. Seven inch screen. I actually created a thing, because I'm just curious. And what's your best guess that this is going to start out at retail from you guys? I don't really know, depending on how much everybody else is going to be selling, because I know I'm not the only person who's getting access to this. But I would say that it's going to be about, or less, $150. That's what I'm aiming for. It's going to be less. It's either... $150 or less. That's probably going to be more. And that's what this project is about. When I first talked to Roger, I meant for you guys about it, that the whole thing is this project doesn't have a monetization aspect. It has a what? It's going to make a lot of money. It's not about making a lot of money. It's about bringing out... That's easing out on fighting infrastructure for the future to come. Yeah, okay. So your audio is breaking up a little bit, but let me paraphrase what you said and see if I'm right. So what you're saying is it's not about trying to make a lot of money and get rich. It's about bringing a solid infrastructure to the Bitcoin world and for everything. This is an Android tablet that can be used for absolutely anything. It just so happens that it's also the perfect tool for Bitcoin clients, where it's going to be designed for Bitcoin experience in general. The ROM is going to be customized so that it provides a very nice Bitcoin experience to the users. That's another main goal when it comes to the software. So you're doing custom software to make the Bitcoin user experience really smooth. I'm going to be able to customize the Android 4.0 Ice Cream Sandwich. That's easy. How far along are you with that custom software? Well, I mean, I got the code in the kernelbook file just fine. It's a matter of getting like doing UI design, really. It's an experience that's key, right? I mean, there's odd... It has to be as simple as 1, 2, 3. It has to be a 3-clicking code, right? It has to be, you know, maybe perhaps the home screen has to have these things such as QR codes, quick transaction scanning. All these ideas that we're looking into and going to be doing user testing on. Right. Now, the MtGox mobile app for Android is already very easy to use. Yeah, of course. It could be totally included on this tablet. And another thing is that over at BitSync.com we have a pet peeve and that is not to introduce anybody to Bitcoin through a third party service. So we have to include some kind of like client that natively downloads blockchain or something, whether it be a Bitcoin J-based or a Bitcoin JS-based or some sort of system where it's like you are connected to networking. You're on top of the peers. Directly, yeah. And it's your choice to choose MtGox Trader or any other exchange. That is not of our concern. Mm-hmm. Cern is do things first and provide things easy. Like, you know, to give the option rather than forcing them onto, you know, MtGox. And I do agree that MtGox is really easy to use. And perhaps it is currently the best, you know, mobile application for Android out there. Mm-hmm. But it's not a native client. It's not pure Bitcoin, right? So do you think that, I mean, I know you may not know the answer to this, but do you think that or predict that the main official Bitcoin client will come out with an official version of Android? Mm-hmm. I say it's tough to say. But either way, there are other developers doing it. Yeah, exactly. I mean, BitcoinJ is already full blown on Java and it's very easy to pour to Android. In fact, there's some where it's already done so. Mm-hmm. And because those clients are also open source, I see no reason to support their development or simply use them because, you know, they work fine. Like, such as the Bitcoin wallet application on Android Market currently. That's the open source Bitcoin J implementation. And it downloads the blockchain. I mean, it's a little bit slow because the blockchain is... Yeah, we deal with all those issues that inherit them off the net, but a lot of software people are solving that, such as the Font Thomas, you know, and everybody at the Bitcoin Consultancy, my car, my Google, you know, they're all looking and a lot of the major Bitcoin developers they're looking into these software issues. Like, software is going to come, right? That's the path I chose to facilitate the infrastructure. Yeah. Well, this is brilliant because it'll give users... Right. Because you have the platform. So this will give users the hardware platform that they can use a full-blown 100% Bitcoin network client. They'll be able to use the Mt. Gox app and any other apps that come along. Because it's just Android. It's perfectly for this. And the cool thing is that, you know, everybody already used Android. Android is not a new thing. We're not selling them a completely new, you know, ecosystem or an app sphere. They could use all their old stuff on this, just fine. They could do their mail, they could browse, they could watch YouTube. So they can do Angry Birds. Good habit that just so happens to run Bitcoin. Yeah. Yeah, so it's basically just like a great big Android phone. They already know they're Angry Birds and their whatever it's called, you know, check-in, whatever those apps are. Whatever apps they used already, they can access the full Android market and buy apps just like any other Android device. That is correct. They will have the full access to the market. I want one next week. I want my hands on one of these right away. And this is what we're going to use when we're going door to door to these businesses. We're going to show them. If you don't already have a browser near your cash register, this is it. You can use a tablet. You can just have it sitting there. You can even mount it on a bracket for security or whatever. There's so many ways you could do it. And you can either do it through Wi-Fi or you could plug in a USB for your internet so it's, you know, locked down solid. This seems like a really, really slick way to get into it for point of sale as, you know, something that they can use immediately right now today. But also for absolutely everybody who wants a tablet. I want a tablet just to watch movies in bed or whatever. Do your email, you know, on the bus, whatever. So everybody wants a tablet. It's just, it's a Wi-Fi, Ice Cream Sandwich Android 4.0, you know, top of the line specs for less than $150, we'll say. So this is brilliant. Okay, so I've got to take a break right now and we want to thank our sponsors obviously who bring us to you every day. And did we do the second giveaway yet? We didn't. Okay, well let me know when we do. Keep your Android phones or whatever you've got. Even if you have an iPhone with a barcode scanner, you can scan the screen live and then you take that code you're going to get and that's a Mt. Gox redeemable code. So you have to go to your Mt. Gox account, go add funds, add Mt. Gox redeemable code, paste it in and click redeem. And if you're the first one to redeem it, it's free money for you. Just for watching, just for hanging out with us. So, and also be sure and send feedback. You can send feedback to us live, even while we're on the air if you send a message to feedback at onlyonetv.com Okay, and maybe we'll get to your questions while we're here. So let's see t-t-t-t-t-t-t-t-t-t-t-t-t-t-t. Okay, so we want to thank our sponsors that's what we're doing. First obviously Mt. Gox Mt.Goxmtgox.com I just had somebody call me like right before this show and say I want to buy some bitcoins. I say we'll set up an account on Mt. Gox and we did in two seconds. You just go to MTGOX.com, MtGox, we call it, and click the big green sign up button and it literally takes two seconds to create an account and you can buy bitcoins online from the comfort of your home or wherever you have a browser. It's very, very easy and they have so many ways, like 26 plus currencies they deal with directly now and so easy to get money in and out and then in many, many, many different ways. They have obviously the vast majority of the market share somewhere between 80, 90 percent of the market share and they have this amazing feature of the MtGox redeemable code. If I have MtGox and you have MtGox, I can actually just send you this code and it immediately transfers either US dollars or MtGox, I'm sorry, Bitcoin, directly into your account. See, as a MtGox account holder you have two balances. You have MtGox, US dollars balance and a Bitcoin balance, so they're two separate things. So I can send you one or the other and let's see, what else? So they charge very, very minimal fees and you can buy and sell bitcoins anytime, anywhere in the world from the comfort of your own home, many ways to get it in and out and there are also other add-on services like bitinstinct.com where you can go and get money in there like within an average of maybe 15 minutes, like crazy fast with a cash deposit and so on. So anyway, MtGox.com, we thank them for their support and obviously they're the creator of the MtGox mobile app for Android which we've been talking about that's full-featured and amazing. So we thank them for their support. Also, the Thank You Economy book. ThankYouEconomyBook.com is where you can check it out. It's by New York Times best-selling author Gary Vaynerchuk and it's his new book about social media and how to use social media, how to do it right to promote your business, your brand, whatever it is that you're doing, whatever it is that you want to promote using social media and how to really leverage that power that's there to bring your customers to your business in an old-fashioned way of customer service like your grandparents used to experience from the corner store. A real personalized, hand-holding, excellent service kind of thing, not just spamming people. That's what most people do. They do it all wrong and so it teaches you how to leverage this new technology to bring back old-fashioned values and an excellent customer experience and then you're not just selling stuff, you're building relationships with customers. So anyway, this is the Bible. Gary Vaynerchuk is brilliant. I mean, he's a young guy but he's a genius and this is his second best-selling book. So check it out. Thankyoueconomybook.com and we thank them for their support of the Bitcoin Show as well as Carpeviem. Carpeviem is C-A-R-P-E-V-M.com. Carpeviem.com. Video marketing, web video marketing. If you don't know anything about video and you want to market something, you have a website, everybody does, right? And you want to create your own video to do a presentation, to sell a product, to make a point, to do a demonstration, whatever it is, it's marketing, right? It's video marketing. That's, they're the experts. Carpeviem, they accept Bitcoin of course and so check them out. Carpeviem and they'll help you make a real professional video for your website, for your marketing presentation. All right? So we thank our sponsors for supporting us and actually while we were doing the sponsors apparently, we're picking random times. It's a random minute created by random.org number generator. And so I was actually right in the middle of our sponsors that we gave away our second free money giveaway. So that, that one was brought to you by MtGoxMobile app. So see, there it is. It's actually MtGoxLive, mtgoxlive.com slash mobile, which is the MtGoxMobile app we've been talking about. And that free money giveaway was brought to you by the MtGoxMobile app. So there you go. You got some free money. How's that? Boy, we got all that, all that done in one little break. So, all right. So back to this, tablets priced at a hundred and less than $150 and top of the line specs. This is like three generations ahead of something like the Samsung Galaxy Tab that everybody's talking about, right? This is like really, really cutting edge. How much faster is this processor than a Samsung Galaxy Tab, for example? How much faster is this processor? Can you hear me? Yes. Oh, I said how much, like how much faster is this processor in this tablet going to be compared to a Samsung Galaxy Tab? I would say maybe 20 to 30 percent, probably one. That's a fair estimate. 20 to 30 percent? Yeah. Okay. Wow. That's good. All right. I mean, it's really the price that's really compelling about it. The specs isn't too crazy because it is a modified chip of the Cortex-8. You know, it's not completely new, but they hit, what they really did is they hit a sweet spot by combining a really fairly cheap but still powerful CPU with a GPU that's very good. So they no longer sacrifice one for the other and they have this, that's why this chip is called, you know, the code name Allwinner, right? Allwinner because it has all these, it doesn't cut to many corners and it builds this very round chip that's fairly good for just all these things. And it doesn't, and according to, you know, online reviews of this, this particular prototype, everybody's saying the battery life is also really good. And it's, it's an unheard of really good battery life, which means we're looking at like eight to ten hours on media play. Eight to ten hours on media play. What is it in just standby? No, on video. Standby is much longer. What is it? Like, what would it be on standby? I don't know. I can't, I could give you like, you know, factory advertisement numbers, but I never go with those. No, well, if it's eight to ten hours on media play, it's got to be two or three times that. On video. I'm talking about video here. Yeah. It's got to be like two or three times that, just if it's just sitting there on standby. Yeah, just, just by share estimating like that, yes. I would say you could probably stand off like half a week without moving the power. Yeah, that's great. That is really slick. Yeah, totally. Battery has always been a big thing when it comes to these cheaper tablets, because that's what, in my opinion, a lot of people complain about, but from what I've seen and just playing with this battery, it drew impressive. That's like, what's the resolution look like on the screen? Like compared to the brightness and everything? Honestly, it's like, when you hear the numbers, they're not that impressive. But the screen looks much better in person. Yeah. I wasn't expecting it to be this nice. Wow. Amazing. That is cool. So, now you're, I know you're just getting prototypes arriving now, and these haven't actually officially even been released yet, but you've got prototypes coming. Like, if, if somebody wanted to order one of these from you, can they, can they do pre-orders? Are you taking pre-orders? Um, not exactly at the moment, because I need to finish, I'm really backed up after this presentation, because I, I attracted a bunch of interesting and people who are like, fairly interested at this project. And, and because it's, it's, you know, three directional and all that. So I want to, I want to settle the site, get through with the proposal and stuff, and hopefully raise some money on Kickstarter to do this correctly. And so I could just start bringing them at, become sort of like, you know, the, the local Chinese outlet for these things, or any other electronic technology that I could simply get contacts for. And, you know, that will facilitate growth over here without the need to pay through a third party, because I will be here. Yeah. That's the part I forgot to mention is your Kickstarter. You're, you're, you're, uh, creating a proposal for Kickstarter, uh, a Kickstarter campaign, I guess they call it. And soon that will be online on Kickstarter. And people can, um, donate to this project, which is going to help facilitate, uh, and also there's all kinds of rewards and bonuses that they get back, um, for doing that. That's just part of, you know, yeah, that's just part of Kickstarter. That's how they're, you know, well, it's. Okay. It's for their, their business model and stuff. So, but anyway, they can donate to this project and in, as a result. I'm also going to obviously open up a Bitcoin donation as well. You know, so it's not only, it's not only mainstream. Yeah. Dollars and Bitcoins. It's all accepted. That's what we're trying to do, right? We're trying to build infrastructure. So when the time comes that people are ready to be like, oh, let me just get on this Bitcoin thing. It has to be easy. That's the, that's the whole, like, idea of why I talk to everybody a little bit. Has to be easy. You know, it has to be, it has to be really easy. It has to be like three steps. It has to be less than three steps to get to Bitcoin from, you know, your money or the method you're purchasing is to get Bitcoin. It has to be less than three steps. That's what I always say. It has to be as easy as grandma's toaster or as easy to use as an elevator. It has to be intuitive. Right. And this is how we get, this is how we get there. By getting out the Bitcoin-enabled families and by building these Wi-Fi topics. I mean, they're obviously facilitate all of this as well. But majorly, Bitcoin would be very beneficial for this project as well as for Bitcoin itself. Yes, exactly. Did, so we did two, right? And we already announced that. Okay. You did three. Oh, we did the third giveaway. So I missed it. Did you? If you weren't watching live, maybe you missed it. But we did the third cash giveaway, Bitcoin cash, that is. And also brought to you by Mt. Gox mobile app. So be sure and check out the Mt. Gox mobile app. It's mtgoxlive.com slash mobile. And we just gave the third Bitcoin giveaway. So keep that, keep that barcode scanner on the screen. We're going to do these three times each episode, every, every episode of the Bitcoin show. So you're going to have to watch live. We'll be announcing whatever time it is that we're, we're taping live on my Twitter feed, actually. If you go to Twitter.com slash Bruce Wagner, all one word. Twitter.com slash Bruce Wagner. I'll announce when we're going to do the next live taping. And you can watch live and then scan the screen with your, with your phone and redeem those codes, get some free Bitcoins. Anyway, so back to this. Okay. So the Kickstarter campaign, you're going to be able to donate dollars, Bitcoins, PayPal, whatever, and to the campaign. And this is going to help facilitate all of this infrastructure building, the whole, the, uh, Yeah, totally. There's going to be a site that I'm going to talk more details about exactly than we've done. And the whole thing, like, uh, like, you know, we have, I think I have always been worried, keen on providing transparency to what we do. And we feel that is the right way to do things. So we're going to like, you know, tell you exactly what, what the steps and how we're going to spend this money to do this, as well as to build these tower and just give out information, you know, give out information, give out whatever that eats for this thing to facilitate. And we feel that when you, when you take me out of the equation, things become a lot easier because you're not trying to, you know, make a profit that you don't have to worry about return and all that. Right. So obviously they're not going to be able to get one of these tablets in time for Christmas or anything, but they, uh, maybe they could give, uh, they could give gift cards and say redeemable for one. Uh, is it going to be branded, uh, bits and come? Is that the brand? Um, it's currently, it's currently called name on the offline. Is what? It's currently called name under offline. That's what these tablets are called in terms of, they're all be up. Okay. So maybe people can give a gift card at Christmas and say, this is like, this is redeemable for a tablet when it's ready. But, um, I was actually, you know, well, the current plans to get, get all things done ready for the end of the year and launch the Kickstarter at 2012, 2012, like where, where early 2012, get a role in, and then, and then hopefully by Q2 next year, these tablets will be ready for order from everybody. And that's how we're going to do it. By then at the latest, it's a seven inch tablet. Thing is that you, if you don't do it quick enough, then, and then better pros will come out. Yeah. They'll be buying them at the drug store. So, well, but these, with these specs on this price point, you're going to be competing directly with companies like Samsung and Acer and whoever, whoever is, right? And that's the cool part is because they have to make profit. And I don't, and that's why I'm ultimately going to win because that's, that's what's going to happen. Yeah. And things are going to be open source as well. So I'm going to beat every, right? There's no point for, you know, everybody else. That's why everybody's switching to like biology and like Sam seven for, you know, the ROMs on the topic is open sources better. And they, they update quicker and they get the latest stuff. And they're just stable as the official one. They're not, you know, more stable. I love that stuff that they don't want. And I feel that that's, it's listening to the story. If you're, if you're, and this is what should appear as well. Mm-hmm. Exactly. They have to make a profit and I don't and open source is better. Yeah. This is the, this is the future for sure. So people are going to have super, super powerful high end tablets. These are basically going to be like, I don't know, $800 tablets that they're going to get for less than $150 effectively. Because branding, I say you'd be saving like $300 or more. Yeah. Easily, right? And then, but so for like less than half the price at least they'll have a super high end tablet for less than $150. This is going to be brilliant. You better order a lot of them. Yeah. Start small, make sure they all work well, work out all the bugs and then order more and more and more and more. Right? Like we're going to have some game working on this stuff. We're going to be testing before they shut off obviously. Yeah. They're not going to come with whatever factory, you know, Android on the other side is going to be ours. You know, I have the option to choose a big one. We're going to have the regular tablet, just a science for better usage, you know, or a full thick plain, flowing experience, which has all the merchant applications or, you know, all the things that make it really easy and stuff like that. That's what really will be focused on after we're securing the, you know, tablet and the, and the features we're looking at to contact your manufacturer and getting an FD near your communication. We'll feel that's a big, you know, high-level product. You know, digital wallet like Google doing it and Facebook going to start doing it and they're going to be doing it with the next year. We have to either be as good as them or better. Right? As good or better with near field communications and all these new technologies, including in the new versions. This is, that's really, really exciting. So this is going to be the perfect appliance that people can use for Bitcoin transactions. Well, anybody can use it. The customers can use it too, obviously, but the point of sale as well. So it could just, it could just be the universal Bitcoin tool. It's both for the consumer and the, and the producer. And the merchants and the, right, exactly. So, so slick. So I know that in our project where we're going, like I said, we're going to be going door to door in Manhattan and we're going to be soliciting merchants and trying to convince them of why they should accept Bitcoin. This will be the hardware, you know, of choice right now that we can, yeah, exactly. Exactly. An excellent solution. Well, thanks for joining us today. We have to do this again. When, as soon as you have a new announcement, well, as soon as the prototypes come in, right, we can actually play with it. Yeah, then come on in and we'll demo it and show it on the camera. That'd be awesome. All right. Thanks for the update you through. Thanks for joining us today. All right. We'll do it again. All right. Thanks guys for joining us. We'll see you next time. Hope you got your free money. If nobody claimed it, you can get it on the recorded version. You never know. Maybe people were too slow. They weren't prepared. So anyway, watch us every episode. We're going to be giving away free bitcoins. Ciao. Till next time.