Miner call every Tuesday at 8:00 PM CT — watch it here
All calls

Introducing the Texas Stable Dollar (TSD) on the TEXITcoin Blockchain

Saturday, September 5, 2026

Bobby Gray introduces the Texas Stable Dollar, explaining its purpose on the TEXITcoin blockchain, how to set up an account, link the Honest Money wallet, and its role in TEXITcoin commissions and the growing ecosystem.

Summary

This call, hosted by Bobby Gray, focused on the introduction of the Texas Stable Dollar (TSD). Bobby opened by mentioning the successful Nectar Pay demo at the Ron Paul Institute, handled by Maddie and Eddie, and reiterated the importance of using seed phrases with the mobile.honest.money wallet. He noted that the wallet.honestmoney address is being retired and encouraged everyone to transition, highlighting new Bitcoin support in mobile.honest.money while explaining why TEXITcoin is different from Bitcoin's 'digital gold' approach.

The main topic was the Texas Stable Dollar, which is essentially bridged USDC running on the TEXITcoin blockchain. Bobby clarified that TSD is not a yield-bearing stablecoin to avoid regulatory issues. He emphasized that TEXITcoin's ecosystem has matured, with the mine now covering its electric bill by mining other coins like Litecoin and Doge, freeing up TEXITcoin to pay the transaction fees on its own chain. This growth means TEXITcoin needs its own stablecoin for everyday transactions, while TEXITcoin itself becomes the 'good money' to be saved.

Bobby then walked through setting up a TSD account at tsd.honest.money, explaining how to link it with the Honest Money Ecosystem wallet. He demonstrated how to on-ramp stablecoins to TSD and off-ramp TSD back to USDC, highlighting a 50% fee reduction for account holders and a temporary 100% discount with the code "TXCForever". He also announced that TEXITcoin mining package commissions will now be paid in TSD starting Wednesday, encouraging miners to get comfortable with the system. He wrapped up by showcasing the live demo of the bridge working and Maddie's successful Nectar Pay presentation, emphasizing the utility and growth of the TEXITcoin ecosystem.

Full transcript

12,894 words

All right, good morning, good evening, wherever you are. Welcome to day five of the season four kickoff week marathon. I'm your host, Bobby Gray. I'm tired. I'm tired today. It was a late night last night. I thought I was going to be presenting at one a.m. my time for our good friends in Washington, D.C. at the Ron Paul Institute conference. But fortunately, I did not. It would not have been a good look. Last thing you want to do is like live stream into a room full of people that are all excited and having a great time. Hi, I'm here. I'm sleepy, slate, tired. So I handed off that task to Maddie and Eddie and they did a great job demonstrating Nectar Pay. And that was a big deal for us. Why does my logo look so funny? It's a weird looking logo. I'll have to change the logo. So anyway, we did that yesterday and it went very well and I decided to skip it. I looked at the clock right before I went to bed and it was like one a.m. anyway. I'm like, all right. There's a lot going on right now and I'm glued to my desk. I am in a prison right now with no walls. It's not a bad looking prison, but it's work. And And I got to do it while I got to do it. I do it while I got to do it. So welcome to day five. I don't know how long today's call is going to go. We really had just one purpose for today's call. And that's to show you how to use the Texas stable dollar, tsd.honestmoney. Yesterday was all about how to use your words. Use your words. I can't believe I missed that exciting name. Use your words, people. We talked yesterday about the transition from private keys into seed phrases and how powerful that those twelve words are how many different wallets they unlock how they unlock many different wallets and also why they're so important for you know joining us in this next season the ecosystem has expanded there's so much more now to do and explore than we've ever had before we're thanking you know the development uh team exit for uh for that discovery we find a little bit of a silver lining on some of these clouds. But that's what we talked about yesterday. So if you'd like to go back and check out that video to figure out how to use the new wallet that you'll need, To really enjoy the experience with TSD on TXC, then please go back and check out yesterday's video. Now, tomorrow is going to be all about the Price Price Baby. Better name, better, better name. I had time to think about it. And I said, Price Price Baby. Use your words and Price Price Baby. Today, I don't have a good title. But as far as tomorrow's call is concerned, if you want to know what the plan is to have a positive impact on the price of TXC and send it in the direction that all of us want it to go. That is tomorrow's call. So tune in tomorrow for that news. News update and invitation. Remember, it's not just me. It's you and all the other people out there tuned in that have the ability to affect the price. That's one of the things that's exciting about this project and any other small project. You know, a big buy or a big sell moves the market. You know, hundreds of people. um basis points in either direction positive or negative and so you know if you went on to the bitcoin market today and you bought a million dollars worth of bitcoin bitcoin wouldn't even blink it wouldn't even know that you were there you're competing today against a whole new type of buyer a bitcoin treasury company what is a bitcoin treasury company Tell me about your business model, sir. Well, I buy Bitcoin. Okay. All right. And what do you do with it? I hold on to it. Right. And then where's the value proposition there? The price goes up and people make money. What if it goes down? We'll never sell. And do you think that this is going to have a positive impact in any way whatsoever with getting Bitcoin to actually be usable money in the marketplace? I mean, if your strategy is to just buy it and hold it, I don't see how this is going to do something to improve its usability. You're turning it into a collectible. You're turning it into digital gold. Yeah. Is that what it was supposed to be? Well, that's what it is now. Okay. So we're the other guys. But we'll talk about how and why it's an achievable goal to get this to sixteen dollars or to page one or to a billion dollar value. Take your pick. It's coming back. So we're going to talk all about that tomorrow. Maddie, welcome. Good evening. You want to give us a quick... quick two minutes about your experience today. Don't jump in whenever you're ready. Feel free to turn your camera on, but it's good to see you here. Thanks for joining. But anyway, tonight we're going to talk about TSD and why it matters. So I'm going to share my screen and we're going to begin. And again, I don't know how long tonight's call is going to go. We get Saturday night. The major purpose of tonight's call is to talk about this, to show it to you and to record it so that you can go back sometime later and brush up on all this stuff. OK, remember yesterday we talked about my favorite wallet, which is available at mobile.honest.money. We call it the Honest Money mobile wallet or the Honest Money ecosystem wallet. I don't know. We'll come up with a better name for it at some point someday. But if you are... Oh, there's a speech. Matty's got his speech recorded. How long is the speech, Matty? We'll play it at the end. How about we play it at the end? Because I think it's probably close to ten minutes. So... We've got the Honest Money ecosystem wallet. It's at mobile.honest.money. We'll have a better address for it once we finish phasing out the other one. We've got wallet.honestmoney. And that one did not go as well. And we create a bunch of these different wallets. And I was not nearly as happy with the functionality and the user experience that we had on here. So I've decided to scrap it. This wallet is being retired. So people are using it. So I can't just shut it down and be like, lol good luck finding your money um so we got to put a notice on there saying that the wallet is being retired and that you should switch over to mobile honest money so we've got a bunch of these different wallets out there we talked about them yesterday and the different purposes that they serve but the one that i like the one that i'm developing a lot a lot a lot is the mobile honest money wallet and just yesterday uh or maybe it was two days ago we added bitcoin support oh man that was that was a hard one to do not because it was technologically like very different than any of the other coins that we've got support for in here but because i'm like what are we doing we're like sleeping with the enemy over here of course that's not true you know we've got litecoin support in here because we mine litecoin we've got doge support in here because we mine doge so we've got real purpose and need for that and then i was like i can't believe i never added bitcoin support into the app well why not because we don't use bitcoin for anything we don't like do anything with bitcoin in our ecosystem Well, why not? Because it's expensive to use and it's slow and it doesn't do anything we want. Okay, well, we want merchants to be able to accept payment on the Bitcoin Lightning Network. That's not easy. In fact, it's so not easy. I wrote a whole blog article about how unenjoyable of an experience it was. I was like, yeah, this is this is terrible. If you go to the Texas coin site and scroll down a bit, the lightning network works. It's just not cheap. easier fun so in order to get this thing to work right you have to set up a node and then you have to lock up bitcoin liquidity on there in order for the process transactions otherwise you've got to go through a node which then ends up costing your your payment it's like what why like very few people use bitcoin as money you know in any way whatsoever as it is And part of the reason for that is because it's slow. Part of the reason for that is that it's expensive. And the biggest reason for that is that it's not really what Bitcoin's for anymore. You know, Bitcoin has become, like we just talked about a moment ago, digital gold, for better or worse. I think it's great that a digital thing that is completely intangible has become a store of value. It's kind of revolutionary. And there's a lot of great reasons for it. But it has transitioned out of its like time as a digital decentralized peer to peer currency and entered this new phase where it's like digital gold. OK, fine. That's why most people don't use it because of Gresham's law. And we talk about Gresham's law in our Path to Sixteen article where if you go in a market. and you've got paper money, which is paper, and you've got digital money, which is digital, you're in a bit of a quandary now. Because in the old day, we looked at Gresham's Law as being, well, I've got paper money, which is paper, and I've got gold, which is gold. I'm going to spend the paper money, and I'm going to hoard the gold. so gresham's law tells us that bad money pushes good money out of the marketplace we're inclined to save the good money and spend the bad money okay well now we've got crypto we've got zeros and ones and we've got worthless paper which one of those is more good or bad well We look at what's happened with the paper money over the last hundred and thirteen years and it's gone down ninety five ninety seven ninety eight percent. Then we look at digital zeros and ones money over the last fifteen years and it's gone up like fifty thousand percent. So it's very clear. that if you're looking at a trend, this one's going up and that one's going down. So we're back to Gresham's law. We're going to save the digital ones and zeros and we're going to spend the paper. Okay. So that's why most people don't use Bitcoin in the marketplace. Well, if most people don't use Bitcoin in the marketplace, why would anyone try to come up with a solution to get it so that it's faster and cheaper to spend in the marketplace? So Anyway, without wrestling with these questions and pissing off my Bitcoin maxi friends, if you want to read the article that I wrote with the help of AI, it's right here. So I got it done and it works, but it was not an enjoyable experience and it was actually quite a bit of a learning experience because it doesn't work the same way that Bitcoin does. It's totally different. You've got to go through node operators that have liquidity and basically they're doing a handshake on your behalf. They're like, yeah, that guy's got the money and I'm holding it for him and you can trust me because I've posted this much liquidity. So just update it right away on your side and pay it out for me and then I'll get you guys the money later. That's how it works. And it's not crypto. And the reality of the situation is that today, if you want to use crypto in the marketplace, you're using a stable coin. You know, that's just how it works today. So anyway, long story short, messing around with the wallets, all good stuff, vast improvements all the time with mobile honest money. So if you're looking at which one you should use, my encouragement for you is to use the mobile.honest.money and again you can turn on and off these different chains if you don't want to mess around with solana and tron just don't enable them turn turn them off nothing goes away you're not deleting anything in fact if you started with your seed coin like we asked you to and and i apologize the we've been transitioning the stores i broke the link the link's fixed now so go get your free coin um please you need it um But if you were if you were, you know, doing anything here and you started with your seed phrase, you can't break it. Just just turn it off, turn it off and then go back. And oh, man, I deleted my Bitcoin wallet. No, you didn't. You just you just turn it off. So now you can just turn it back on and it'll be right back where you left off. But for simplicity's sake today, I'm just going to turn on by default. Can't even turn it off if you wanted to. Just going to turn on Ethereum and Texitcoin. And that'll simplify the view for us as we look at the Texas stable dollar project. Okay, so let's grab my Ethereum receiving address real quick. Ethereum works different than Bitcoin and Litecoin and Doge. Bitcoin, Litecoin and Doge are what we call UTXO chains. I don't know what we call the Ethereum ones, but they're not UTXO. And maybe I'll get into showing you UTXO in a minute. Maybe I won't. But the point is that with Ethereum, your address stays the same all the time. Oh, that's the wrong button. Let me go back over here. On. I'm trying to look over here. My screen's actually over here. So it's a little confusing. But the Ethereum wallet never changes. Whereas the Texitcoin wallet, if you have it set up that way in your settings, every time you get a new receive address, this is going to change. Now, if you're working with your Texas Stable dollar, your address can change. You can receive it on any address, but you really kind of want to have it on your main address. And the reason for that is because... And Maddie, I'm glad you're here because he was just dealing with me yelling at him about that earlier today. The reason for that is... that when you spend an Omni token, it always has to spend it from the address that controls it. So if you go down here and you take a look at the Texas stable dollar transaction list, you can see the holders of these coins. And so we don't know who these people are, but if I like zoom in closely enough, I can probably see one of my addresses in there. So suppose that you've received Texas stable dollar across a whole bunch of your random wallets that pop up, and then you wanna spend like, five hundred Texas stable dollar, but you only have two hundred in this one, and a hundred in this one, and fifty, and thirty, and twelve, and ten. What'll happen is the transaction won't go through. It'll say, well, you don't have that much, because I've gotta spend it from one address. And that one address only has three hundred. And you go, well, I have enough if you add it up. And it's like, well, I don't really work that way. So what it does is it consolidates all of those amounts into one address, your main address. And so if you're trying to like buy the Lambo and you've got Texas stable dollars scattered across hundreds of addresses, you consolidate them first. And it's got to confirm in a block, which takes about three minutes. So when Maddie was doing the demonstration yesterday or today for our friends in Washington, D.C., I said, make sure you have your TSD on that one account, because if you try to spend it and you're showing off how easy it is to do and it gives you an error saying, well, you don't have that much, but click this button, consolidate. And then wait three minutes. It's going to be a little embarrassing and you'll have to find some way to like burn out the clock while you're waiting for that transaction to confirm. So long story short is you've got two different receive addresses. This is your main wallet that is where you want all this to consolidate. And then these are something that they call derivation, which we're trying to talk about yesterday, derived wallets from your main address. That's a function of this UTXO really, really cool thing. And maybe I can show you how it works. If we go to receive and we copy this address and then we look it up on the mempool, if I search for this address in the mempool, there are my UTXOs. Unspent outputs, this is how UTXO chains work. So it creates these like little, like spendable nuggets. And when I wanna spend my crypto, I say, okay, take this nugget and spend it. And then whatever is leftover, bring it back to me. And so I've got five of these spendable transaction. Well, if I bundle them all together, I've got access to this much crypto. And so it's tiny amounts. Well, why? It's because all of these transactions aren't sitting. All of the value that I'm holding is not sitting in that one address. It's scattered across all of these different addresses. And if I click this consolidate button, I can actually see that's not the right button. That's my consolidate. There's another one that pops up here, but I can see where those transactions are. OK, I'm boring you guys. Technical stuff not important for today's conversation. What is important for today's conversation is what we talked about yesterday, which is the development and the growth and the maturity of the honest money ecosystem. And what that means is that we're not just a little one coin garage band project anymore on a dirt road in McKinney. This thing grew up. We went from the dirt road to multiple sites. We went from a chain that made a block every four or five minutes haphazardly. to a chain that makes a block every three minutes semi-reliably. It's as reliable as Bitcoin and Litecoin are. It works now. We figured out what we were doing wrong. We have a chain now that's mining other coins to pay the electric bill. Last month, our electric bill in Conroe was a hundred and eighty three thousand dollars. We mined two hundred and ten thousand dollars of Litecoin Doge last month. That covers the electric bill in Conroe, covers in McKinney, and it covers it in Mansfield doesn't cover the servers and the technicians and the installers and no no we're not there yet we're still improving but kudos to us we're not going back to our community and saying hey we need you guys to fork up some more cash this month for the electric bill electric bill electric bill we're barely making any money we mine their coins to pay our electric bill so that we get our coins for free very very exciting stuff that happened during phase three And so as our project matures, we get better and we expand the ecosystem. Then all of a sudden our Omni chain was working. Our layer two was working. Wow. Okay. We can do more. We need a new wallet. And so as the ecosystem matures and evolves, we have more things. And those more things are listed here. To use those more things, you need the blockchain tools which are listed here. We're adding more things all the time to this list. And it's not just us. It's you guys as well. Got a message from somebody in Hawaii the other day that said, Bobby, I've got a great idea to do this thing with that thing. And there's a map and contest and press. Good. Go do it. That's more utility that we're building out on our chain. It's exactly why we wanted to build a respectable network. Because if we build it, they will come. I'm sure that phrase is trademarked somewhere. I didn't create it. But that's the idea. The idea is that if we put together a network that's reliable, a network that's trustworthy, a network that people can know how to use, we give them the instructions on how to build on our chain. If we do those things, then people will build on it. And when people build on it, that is when we have real beautiful utility. You can go to resources. And again, this was the whole idea back in the beginning. This was it, guys. This is core Texitcoin conversation. We're going to get into tomorrow along with Price Price Baby. We're going to talk tomorrow about why... our bet is working why our big gamble the wager of the honest money ecosystem is working because you can build on blockchain blockchain's cool it works it's honest money great okay good do you want to build on bitcoin expensive slow and the output is controlled by the institutions and foreign nations All those minor fees that are sucked up with those transactions, they go to the institutions, the banks and the foreign nations. Or would you like to build on Texas point where the output rewards the mining community? I'd rather build on Texacoin. We just have to have a compelling argument for the world. Well, is your code open source? Can I audit your code? Why, yes, it is. Can I spin up a node without requiring permission from you? Why, yes, you can. Can I get all of the different tools to understand how to build? Sure, they're right here. What about actual commands that I can feed into my system? Okay, done. Chain parameters, the Omni layer, how to post IPFS, it's all right here. And so this was the value proposition from day one. If we build a big mine, we'll have a top one hundred coin. OK, well, the mine is now coming together. You know, you can go now and you can look at the pool server and you can see how much we're mining. We put all the information out there. Where is our pool? You see a button here that says pool. There's a button that says pool. If you go here, you can see exactly what our mine is running at right now. You can see how many blocks we've mined of Texacoin, Iskander, Zerochill. And look, we mined nine Doge blocks in the last twenty four hours. You can even go over here to the side and you can see exactly the cadence of the blocks as they come out. You can see the history. We even show you what the value is of the coins that we've mined off the Doge blockchain. This is their money, guys, that we've taken, that we've given to Texas energy providers in our state. Like, what a cool thing. We took money from the crypto industry and we put it in the pockets of Texans. Hopefully Texans are benefiting from the Texas energy industry. I'm sure that they are in at least some sort of roundabout way. But that's what we did. That was the whole idea. And we did it. Took a while. A bunch of like, heck, from a bunch of trolls. It's all good. It took us a while to get to where we wanted to go. And we're not entirely there yet. Remember, we're always keeping an eye on that hash power sold and hash power installed number. But we're within four mega hash right now. And that's a really important number because as soon as that Victoria mine turns on, guess what? We're there. We've got the transformer and now it's just a matter of getting it installed. which is waiting on the power company to schedule it. So we're right there, guys, which is very exciting. But this is the honest money ecosystem. And the proposition from day one was if we build a mine, the world will build on our chain. It'll be respected and it'll be used. And as it becomes more used, we'll have more utility for the native coin, TXC. People have to buy the TXC off the marketplace in order to use our chain. And that is, in fact, happening right now. Okay, so what is this all about? Well, it's all about the Honest Money ecosystem wallet, mobile.honest.money. And again, you can get to this through the website. If you go here and you go to resources and you go to wallets, then you can find the Honest Money wallet listed right there at the top of that page. It will take you over to that very same wallet. Okay, so that's the one that I suggest. i encourage you to not set it up until you have your seed phrase in hand now coin that I manufactured, great. If you want to go over to one of these blockchain tools and get your words, you can find the seed builder right here. Words.honestmoney. You can get a word seed phrase and you can see exactly the calculated securities of those words. Twelve is good enough. You don't need twenty four. But if you want to go here and grab your words, then you can get a QR code of your words. Please print it out. OK, do not proceed if you're going to bypass the copper coin phase. Do not proceed without printing this out, writing it down and having a really good backup. because you will be very, very relieved if something goes wrong. You know, the browser craps out, you drop your phone in the toilet, something goes wrong. It does not matter if you have your words. So get your words, write them down, have a backup. My suggestion is for you to use a coin. It's a great backup. But again, proceed at your own risk. OK, twelve words is good enough. Suggest a phrase, suggest a memorable phrase. Give me max entropy. Give me max randomness. Okay. Whatever it is, just make sure that you're starting with the mobile honest money wallet with your seed phrase. The reason for that is because it unlocks all of these things. Whereas importing a private key gives you access to just one wallet. And we're not going to show you that today, but again, that's how it works. Okay, so why does all this matter? We were talking a minute ago about the Ethereum receiving address. And let's copy this address and let's go over to Etherscan. And let me show you kind of what happens in the realm of crypto. Okay, so here's my Etherscan address history. And what I'm able to look at here is all the transactions that happened on this address. It doesn't show me what's happening on the derived address. And remember, you got to watch out for those spam tokens, those fake tokens that show up. It's a real problem. We just lost a couple thousand bucks because of it. But what we want to look at today is this multi-chain info, because this address works on Ethereum. But it also works on every other EVM chain as well if they support that address type, which most of them do. Tron does not. Tron is an EVM that uses a different address format, not the topic for tonight's call, but If I give somebody this address, this zero X AD address, and I say, send me some USDT, bro. And they send it to me accidentally on base or BNB or Polygon. It doesn't matter. It doesn't matter because I've got access to all of these chains with my honest money ecosystem wallet. Now, they're not all built into that wallet by default. But as you saw from the settings page, we do have the ability to turn on the base chain and we can turn on the Binance chain. So I can see those things firsthand. If somebody sends you a crypto on a chain that's not in this thing and you go, oh crap, it's gone. No, no, no, it's not gone. If they decide to send it to you on like Polygon or Arbitrum One, whatever that says, Arbitrum One, or some random chain further down the list that very few people use or something else. It's there. It's just hiding. You can't see it. You can't get to it. It's okay. It's work. I might charge you a fee to like track it down for you, but it's there. so this is what we call bridging so usdt or usdc you can see these tokens that i've got here like i've got usdc okay well usdc is issued on um the ethereum chain well usdc is issued by circle circle's friends with coinbase they they also offer that very same coin on the base network Obviously, that makes sense. So when you have the same coin available on multiple chains, that is called bridging. Okay, so let's pause right there for a second and let's talk terminology. When you have a coin, let's say USDC, and it runs on Ethereum or Base or BNB or this chain or that chain, it can run on all kinds of different chains. The chain provider or somebody in that network has to create The ability for that to happen, but when it happens, it's called bridging. And so you can bridge USDC to base. You can bridge it to BNB. You can bridge it to all kinds of different chains, okay? That's a confusing crypto concept. And to make it even more confusing, guess what we did? We bridged USDC over to the Texacoin blockchain. Why? Because we want to keep people inside of our ecosystem. We talked about this a little bit yesterday. Hi, I'd like to join you and buy one of your mining packages. I'm not in Arizona or Texas. Spectacular. Go set up a Coinbase account and send us some USDC on ETH. Hold on. Go set up a Coinbase account. Who's Coinbase? Is that like a sister company of yours? Will I be making them some money if I send my dollars to them? No, no, that has nothing to do with us. OK, you said get some USDC. Is that like your coin? Is that your coin available on Coinbase? This third party provider? No, that's that's Circles coin. OK, and you want me to send it to you on the Ethereum blockchain, right? So you guys are going to like make some transaction fees off that, right? No, no, no, no, no, no. That's a proof of stake thing. And the stakeholders get all that, which is like finance and the institutions and the banks and the treasury companies. So hold on. Before I even have a way of meaningfully engaging your project, you want me to put money in this guy's pocket, that guy's pocket and the other guy's pocket. Okay, well, let's start as the ecosystem grows. Let's start to embrace more of that. Well, one of the easiest ways to do that when we have a reliable network in a layer two is to bridge those other coins over to our network. So we can bridge USDT. We can bridge Bitcoin. We can bridge Ethereum, just like the other guys do. And it's really confusing stuff, guys. It's like, what's wrapped Bitcoin? What's wrapped ETH? I've got wrapped ETH on ETH. What the... It's a lot. We get it. And so some of this conversation surely is overwhelming, but there's an important point that I need you guys to understand. And that point is that when USDC runs around on the TXC chain, we call it Texas stable dollar. So this project, everyone's like, oh man, what are we doing? Don't we have enough problems from the regulators? Well, we do, but that's about securities and Texas stable dollar isn't a yield bearing stable point. That's what the other guys do. And that's what makes those things a security. We're not doing that. All we did is we created a bridge so that when USDC wants to run around on our chain, we call it something different and we call it something different. on the confusion. Well, send us some WUSDC on TX. What? Just send us that Texas stable dollar. So point number one is that when USDC runs around on our network, we call it TSD. We call it the Texas stable dollar. Okay. That's confusing point number one. I just need you to like embrace that concept. and be okay with it. When USDC is bridged to the Texacoin blockchain, We call it TSD. Okay. So that is USDC running on our chain. Okay. Well, can I trust it? Well, sure. We'll do the same thing with TSD that we do with everything else. Here's the peg. So if you click on this and you go over and check out our proof of reserves, it's actually pretty cool. We show you exactly what we've got and we tell you exactly where it is. we've got this much circulating we've got this much in reserves there's not a lot right now it's totally fine it's brand new I haven't this is my first time really telling you about it we show you which Network it's on well there's some USDC on base there's some USDC on ethereum we don't have any over there right now because this is mostly Binance is mostly used by you know international and Asian communities we show you how much is held by different stable coins So basically, when we bridge USDC or USDT or DAI over to our chain, we call it TSD. OK, that's the thing in a nutshell. And we show you exactly how it works. OK, why does this all matter? It all matters because our ecosystem, as it grows, it needs a stable coin. You know, it's like, well, we want everyone in the world to accept Texacoin. Yes. Great. Sure. Fine. But if we do that, we're going to have the same problem eventually that Bitcoin has where people are going, no, no, no. Ain't spending my TXC. It's going that way too fast. I'm holding my TXC. Let me spend the TSD. I'm going to hold on to the good money and I'm going to spend the bad money. So we're going to have the same thing happening in our chain as Bitcoin had. That's what happens with good money. Good money is pushed out of the marketplace by bad money. But remember, the difference between us and Bitcoin, a couple of things. Number one, you need TXC to spend the bad money on our chain. You've got to have it to pay the gas. Just like you need Ethereum to send USDC, you need TXC to spend TSD. Enough confusing stuff for you on this Saturday night. You need the gas. You need the native coin to pay the gas fee. So even if you're spending the bad money, the TSD, the USDC running around on our chain, you're using Texit coin to cover the transaction fee. Very, very, very, very small amount. But you have that happening at a fair or a festival with a hundred thousand people. Tap, tap, tap, tap, tap. Guess what? It adds up very quickly. very quickly indeed. And we're going to talk more about that tomorrow. So when USDC is running around on the reliable Texit coin blockchain, we call it TSD. Okay, so that's important point number one. Important point number two is we show you the reserves that are held in our escrow service. So that's all the swap site does. It says, you send us USDC and we're going to kick out TSD for you on our network. So when you want... USDC to run around on the Texas coin chain. We call it TSD and you can swap to it right here. The reason that this is important and it's very important is because we want to keep as much inside of our ecosystem as we possibly can. And starting this Wednesday, if you have commissions coming your way. From mining package sales, they will be paid out in TSD. Oh, Bobby, this is so confusing. I don't understand any of it. And now you're telling me I'm going to get paid in your shady coin that I'm not going to have anything to do with? Slow down. Yes. But let me show you how it works, because it is instantly convertible. Back to USDC. And so we're going to do that. We're going to set up an account on tonight's call and show you exactly how that works and why you please should not be scared of it. Please do not be intimidated by this. Go back and watch this video fifteen times if you have to. But go to TSD.Honest.Money. And again, you can get here through the Honest Money website. So if you're not sure exactly what the link is, go to honest.money, scroll yourself down to Texas Stable Dollar, and it'll take you right over to the same site, okay? So this is where we go to set up an account, okay? So the bridge is available right here, and this is where you on-ramp, but I would encourage you to not use this bridge. I would encourage you to actually set up an account and use your account to bridge so that you've got permanent history of what you're doing. So let's do Bobby plus bridge at blockchainmint.com. And this will give me a magic link. Let's go over and grab that magic link. Give me a second to find that magic link. we're getting away from passwords. I'm not a big fan of passwords. I'm a big fan of magic links. And so, because we're using a private window, it's a little more confusing than normal, but basically I've got to copy this address here going to copy this link address, and then I've got to open it up in this private window, so that way my session is held, but you can just click on that link. Okay, so here we go. Here is the bridge setup, and I'm going to make this full screen so you can see and I'm gonna try to click on the Zoom button so it gets even bigger, bigger, bigger. There we go. Okay, so here's my account. This is your permanent addresses. These are your permanent addresses, your payout settings, and your history, okay? So here's your on-RAM. If you wanna get TSD, All you have to do is send any of the approved stable coins on any of the approved networks. That's USDT, USDC, or DAI, or PYUSD, I think is approved as well. And again, you can go down to the bottom of the page and you can see USDC, USDT, PYUSD, DAI are not us. We are not them. And these are the guys that are responsible for the KYC and AML stuff because they're the issuers, not us. But let's go back up to the top. So if you want to bridge to TSD, you've got a permanent address here. Please, please, please use your permanent address. If you send me something goofy, if you send something goofy into your address, and for some reason the system doesn't work, I know exactly where to go to look for that. If you use, see this is zero X four nine A. If you use the main site, you're going to get a random address. If you say I'm going to send you Ethereum USDC, let's see, I've got to put in an address there. I'll show you that later. If you use the main site bridge, then you will get a random address and that random address will be different every time. So I want you to use the same address every time. This is reserved and dedicated for you. It's kind of like when you deposit crypto on an exchange, you always send it to the same address. And what they're doing is they're listening on that address. And if anything shows up on that address, they apply it to your account. It's a good safety feature. But here's what happens. TSD arrives at this Texacoin address. So if you send the stable coins to this, it automatically converts it and dumps your TSD right there. That's it. You cannot use a SegWit address. OmniToken does not work with SegWit. You have to use a legacy address, one that starts with a T, not with the TXC one. And so if this button is checked, it will auto mint on arrival. Keep this button checked. So if you put in your address there, And let's go back and grab ours. Minimize the screen. How do I minimize the screen? There we go. If we go over here and we grab our TSD address. There it is. Let's copy that. Click the copy button. And then we can go back over to this website and we paste our receiving address there. That's it. So all you got to do for the on ramp. So for the on-ramp, you grab your TSD address from your mobile honest money wallet and you paste it in here. I'm going to show you in a minute how it's easier than what I'm showing you right now. You have to do the same thing for the opposite, for your off-ramp. OK, if you send TSD to this address, this is your dedicated off-ramp address. Then your USDC will arrive at this EVM address. What's EVM? Ethereum Virtual Machine. And same thing. We go back to our wallet. We go back over to our Ethereum thing. We grab our standard Ethereum address. We go back over here. We paste it over there. And voila, we are done. That's it. That's all we got to do. We save this information and we're good to go. Now it's locked in. OK, so we've saved the payout address and it will automatically convert whatever we send to this address into or sorry, whatever we send to this address will automatically convert to Texas stable dollar. And when you want to go back the opposite direction, send your TSD to this address and it'll automatically put USDC at this address. OK, that is the magic of how it works now. We charge a fee for that. Why? Because we're a for-profit endeavor that needs to make money in order to cover the stuff. But that's what the public pays. So as soon as you set up an account, you will get a reduction by fifty percent of that fee. So it's half a percent and it's only to off ramp. So if you're bridging to TSD, no fee. If you are bridging back to USDC, if you set up an account, it's half a percent. Now, you have a coupon code. I think the coupon code is TXCForever. If you apply that code, boom, your fee is now zero. That code will not last forever. But as we're in our little beta launch period, TXCForever will give you a discount of one hundred percent. So it will be no fee. So please use the discount code. This is not how we're going to become billionaires, guys. We're going to provide this service to create more utility for our community. There's a couple other things here. And we're not going to get too deep into them tonight. But Beekeeper Crypto Pop and HME Wallet can track your average TSD balance for level up rewards. That's for MindTXC people that are out there building. and we're not gonna get too deep into it tonight, but what it'll do is it'll say, scan this code with your Beekeeper Crypto Popper HME wallet. Okay, well, what does that mean? Well, if you go over to your HME wallet and you pull up your settings, you can go down here to TSD settings. I've already connected this, but if I click this button and I scan that code, it will communicate between these two systems and it'll fill in those values for you up here. First of all, number one, it'll fill in your dedicated address on both your on-ramp and your off-ramp, and it will create a really cool feature inside of the TSD wallet, or sorry, the Honest Money Ecosystem wallet, where if you wanted to cash out to USDC, if you wanted to off-ramp, it's built in. It's automatic. Just go over here, say how much you want to put in. Let's do, um, fifty five. It knows that my fee is zero percent. I click use this cash out. I can't see what I'm clicking on, but I think I'm clicking on the right things. Confirm and send. And that's it. So fifty five TSD is now on its way to fifty five USDC to that dedicated address. And that all happens. if you link your Honest Money ecosystem wallet with your Texas Stable Dollar account. You can see your swap history down here. Start one on the bridge. You can see your API keys down here. This is a manual way to link your account with the HME wallet. You saw that just a moment ago where you have the ability to put in a key. And that would give you the ability to link these things together. So there's where you would put that. No, I guess we're just using, yeah, we're just using the QR code scan out. So you would hit that, you would scan that QR code and it would link the two together. It works just like the Nectar Pay link does. And so what I want you to do, is I want you to go over to tsd.honest.money and I want you to set up an account. As soon as you put in your email address, it'll send you a magic link. When you log in with the magic link, you'll get to this page. And at this page, this is where you get your dedicated on-ramp and off-ramp bridge addresses. If you're using the Honest Money Ecosystem wallet, you'll scan this address or you can copy the link and you can go over to your Honest Money Ecosystem wallet and input it manually. there just like that now remember i'm already linked so i'm not going to break it but you can copy and paste that if you're doing it from a desktop i encourage you to do it from a desktop so you can see the full screen and make sure you're getting everything right make sure you get your coupon code in there okay now once you have this all set up and it's linked then we can um start to breathe a sigh of relief because if I say, hey, I need your Texas stable dollar address for this week's commissions, you go, well, you know, man, I don't really want Texas stable dollar. Like, I don't know what to do with it. So let me just put my Coinbase address in here. It's dangerous. I don't recommend it. I always recommend that you self custody first. and then transfer, you know, kind of selectively to your off ramps, maybe Coinbase froze your account. Maybe they went out of business. Maybe you're using some shady exchange that shut down. Like if it's automatically linked and you forget about it and somebody sends you a hundred thousand TSD and you forgot that you were linked. Well, guess what? It's going to go into the abyss. But if it's always set up to go to a wallet that you control, then you can choose where it's going to go after that. But let's do a quick transaction and let's say, all right, I want to send some TSD to this address and I want to watch it show up in my wallet. So what we can do is we can grab this address. We can pull up. This is a little weird because we're kind of sending it to ourself, but I want to show you how it works. So we're going to say we're sending TSD to this address. Let's send twenty two and let's do it. Send TSD. Are you sure? Yep, I'm sure. Great. Okay, and it's gone. Now, we can go back over here and we can watch the transaction come to life. Right now, it's listening for this transaction. It's going to take a couple seconds. Remember, we have three-minute block time, but it'll start to come alive a little bit before that as soon as it hits the mempool and takes note of it. Remember, it's listening, so I think it scans these addresses every like, thirty seconds. But we can watch it come to life in just the next few moments. So I sent twenty two to my dedicated TSD cash out address. And if the system is working properly, we will see it in just a few moments pop up here. And again, when the system detects that deposit, then you will be able to watch the system as it goes through and does its work to actually convert that. Okay, let's take a look and see if we have any questions from the hundred and seventy five people that have tuned in to tonight's call. Thank you so much for joining while we wait for that. Beekeeper coin offer not showing on my TXC Dash. I'll take a look at that. You're saying you lost my sound. Hopefully I am back because I've been mumbling on for some time now. Is there a video training explaining all of this? This is the video training explaining all of this. course this will be recorded and available for you guys right after the call completes with with what do you call it with the stream TXC site or we also send it over to mine honest money if you go over here you will see the live call remember this is where you can go to catch the live calls and also there's day four's call yesterday so right there is where you can go to get yesterday's call and again all of the previous calls are archived there as well so feel free to check that out um while we're waiting for this to go through let's see if i can refresh the page and get an update on the bridge activity nothing there yet and i'll show you what's happening in the background. Let's see if I can pull it up here. I've got an admin page and hopefully on our admin page, we're seeing this transaction come through. Did I do fifty five or twenty two? I think I did twenty two, right? I don't remember. So we're still waiting for it to detect that deposit. And as soon as it does, we'll see that transaction begin. Maddie, welcome. I saw you pop up there for a second. Shall we play your Maddie speech today? Are you ready to be front and center while we wait for that transaction to go through? Yeah. Tell us where you were today. Tell us how it was. And then we'll watch the speech. Well, I was lucky enough to speak at the Tenth Annual Ron Paul Institute Conference today. And Bobby, I can tell you there's one rule in tech, and the one rule is never do a live demo. But I've got good news. Wasn't it like Bill Gates that famously did that Windows-Ninety-Five demo? it's uh from elon to bill gates nobody can pull off a live demo but i am proud to report that eddie and i representing texacoin we successfully pulled off a live demo today of Nectar Pay with Texas Stable Dollar in a room full of important people stuck to the brim. I spoke immediately after somebody called Thomas Massey, And so, yeah, it was a great success with the live demo and the speech. Usually you wait a week or two for videos to get edited. I went ahead and I did my best so that we could share it immediately. And yeah, that's our thing, man. It's real. It's live. It's raw. I want to show our friends at home real quick, though, that this transaction is done. I don't want to like let you wonder for an hour or two if it's going to work. It's done. It happened. I was hoping to have my screen open, but there it is. And again, this is the bridge activity. So everybody can see what's happening on the bridge. Right. That's how blockchain works. And the payout transaction, we can even look it up on EtherScan as well. It is not there yet. Why is that not showing? Never do demos live. I wonder why that showed that error like that. That's weird because normally I'm wondering if the transaction timed out and then had to go back through it. But we'll take a look at that in a second. So anyway, that's how it works. That is where you go to see and it says that it's sent to my ethereum address so let's check it let's see if it made it to my old mobile honest money wallet and go over to my ethereum and refresh and sure enough there it is so I got to figure out why that transaction um hash was showing up as not in the system because the withdrawal wallet okay so one more time guys and then we'll call it a day for our call somehow I made this full screen how do I get out of full screen oh here we are get out of full screen okay there we go sorry so over here we can go back to our account. And again, all you have to do is set up your account, put in your discount code. If you'd like to do it automatically, link it to your mobile honest money wallet in the settings, scroll all the way down to the TSD settings, and then you can get your link code, or you can copy your link here, and then you can paste it over there, or you can scan it with the QR code. But once you link these two together, it will pre-fill these addresses for you so you don't have to worry about messing up the addresses. And it will make sure that when you go into your mobile honest money TSD balance over here, you have the ability to do the cash out to the USDC. That's it. Once it's got your permanent address in there, you can save it. Now, suppose you want to send somebody USDC, but you're sitting on TSD. Well, I've got a bunch of TSD. I got to go through the conversion process. No, no, no, no, no. It's automatic. We'll do it for you. Let's let's send this. I don't know, Maddie, you got an Ethereum wallet. You feel like sharing with me while I'm here. point is you can change this address and put in somebody else's usdc on eth remember it's just usdc on eth so only give a usdc on ethereum main net address this is dangerous stuff if they gave you oh i gave you my usdc on base and it's different on that exchange be careful But if you want to send USDC to a third party, you can uncheck this box, put in their address there. And then as soon as you do it, the bridge does the work for you and sends it to them within a couple of minutes. I sent it to you in the studio chat and in Telegram too. All right. Well, let's see. Maddie has shared with me an Ethereum address. Perfect. Thank you. Let's go back over here. Let's send Maddie ten. Let's send them twenty nine. All right. Put in your Ethereum address. That is not your Ethereum address. Be careful when you're copying and pasting, guys. Make sure that it copied the correct thing. Paste it. and then use the cash out address. Review it and send it. Confirm it. A lot of clicks there. So there you go. Cashing out to USDC. TSD is getting converted to USDC on Ethereum and being sent to that address. And this is an Ethereum main net address. We can even go over here to Etherscan And we can look that address up. We can see how long it takes for it to come through over on this other side. We're looking for twenty nine USDC to show up here in just the next few moments. While we're waiting for that to go through, Maddie, tell us more, please, about your time today and feel free to share your video. Well, we're at nine o'clock now. Is there or eight o'clock Texas time? Is there anything else you think we need to cover on Texas stable dollar? There's one other thing. Yeah, one other thing that I really appreciate about the TSD setup you have, and that's the telegram notifications. And so I went ahead and put my telegram into the website there that you set up. And that's really nice because it gives me like ten notifications in a row telling me exactly where the process is. I can see it on the webpage just fine, but it's just, it's so convenient and nice to like have a record there. Hey, like, you know, it's, it's converting at this step. It's converting at this step. It's done. And yeah, that's a really nice touch to have that, that feature. I'm looking at my Telegram window to see if there's anything on there that's really incriminating that I don't want to put on the screen share here. Otherwise, I would drag it over so that you guys could actually see these notifications. Maybe I can do it like this. How about like that? So there you go. Does that show up on your screen here? This is what Maddie was talking about, Texas stable dollar notifications. Okay, there's the burn pending, burn failed. It'll retry the burn. So what happens is you send TSD to the bridge and the bridge goes, well, I've got to kill this TSD now because we're taking the USDC out of reserve. So what it does is it programmatically locks it up and says this USDC now is locked. in this spot right here. And I'm going to create TSD that represents this USDC over here. And then when the TSD comes back, it goes, well, I got to kill this TSD now, because I'm going to programmatically release that USDC. That's what the bridge does. And again, you can watch these things as they happen. And if for some reason the chain doesn't respond immediately or it's too busy, it will see, you know, kind of these error notifications, but it looks like, it looks like We might have had something happen. Nope, not yet. We're still waiting for it to come through. What was it? Twenty, twenty nine, nineteen. I don't remember. But you can see these verbose notifications as they come through. If we go back to oh, this is this is not my screen. My screen is over here. I used my bridge, not the bridge that we set up. But I could do the same thing if I send to this address, it'll automatically send to that address. But I can also go out and start a new bridge using, I don't know, does it use my dedicated address? I don't remember. But yeah, let's see if it is made it there. It takes five minutes or so for a bridge to go down. But that is it. And that is Texas stable dollar in a nutshell. So remember, please go and create your account, get your account set up, and that way you've got the permanent history of all of the redemptions and bridges that you do. They will sit down here in your swap history and then it will give you the ability to link to your honest money ecosystem wallet and it'll pre fill your on ramp and off ramp addresses. But for simplicity's sake, if you want to plug in your USDC on Ethereum wallet address from your exchange, again, a little bit more dangerous there. If you want to do that, then anything that you get paid in commission will automatically go to wherever it went before. So if you wanted it on your MetaMask, put your MetaMask USDC on ETH address in there. if you wanted it to coinbase put in your usdc on eth coinbase address in there but your usdc will get automatically sent so you'll share this address with your miner back office you'll plug this in as where your commissions go and then you'll put in this address where you want the usdc ultimately to end up that is how the bridge works Let's see if we've got any other questions. Since the point is to keep everything within the ecosystem, is there a plan to either have an onboard option like MoonPay to the system or a crypto card? Oh, just you wait, ADH Santana. Much more is coming soon. Remember, our goal is to have this entire crypto industry kept inside of our ecosystem where everything that you could possibly want to do runs on our rails that's not about control it's about using the tools that we build as we build more utility people go oh well that's an easy to use chain yeah you made it simple for me oh and you do training videos and all this fun stuff blah blah blah and events and barbecues and beat-ups yes That's core Bitcoin. That's what they did long, long ago. That's what we're doing today because the digital future is coming our way. It's fast and furiously approaching our lives. We have to understand it or we will miss it and get left behind as many of us did with the Bitcoin monetary revolution. So feel free to tune in, get engaged, download these tools, take your time with it. Remember, I encourage you to wait. because you can mess up many, many, many times and start over just by re-scanning your coin. Re-scan your coin and you're good to go. Right back in action. All right, that's it for tonight's call. We are going to end. There was one more question real quick. The coupon code, they wanted it repeated for the- It is TXCforeva. I put it into the comments here. Okay, sweet. And again, guys, that takes you to zero. So zero to bridge and it's zero to unbridge. Either way, with that coupon code, it is zero. Now, that coupon code is going to go away soon, but you will have a new coupon code that's specific to you in your miner back office. So we'll always be zero in, zero out for Texacoin miners. Remember, we're not trying to get rich off of bridge fees. Let the other guys do that. We want to get rich off of utility that drives the price that way. Price price baby is what we'll be talking about tomorrow night. If we're not using these tools, if we're not using our own chain, if we're not using this network, So much time and sweat and tears and legal fees and all this other stuff. If we're not using it, guys, what was it all for? We have to use these tools. I will force you to use these tools. If you're expecting to get a commission from me, you will get that commission in TSD. So please become comfortable with it. You don't need a coin or the honest money ecosystem wallet to set up your bridge account. But if you're waiting on your coin, you can go to tsd.onestopmoney right now, set up your account, put in the coupon code. and grab your Coinbase USDC ETH address or your Kraken or your Binance or whatever it is that you use. Put that address in there and then put your TSD receive address in your miner back office so that when your commissions get paid out, they hit that address and they go exactly where you want as USDC on ETH. You don't need the coin to get started. So mess around with it, get comfortable with it. Commissions on Wednesday are happening with it, okay? I know that's going to be a little frustrating for some of you. Oh, this is a new thing. We're growing up. We're maturing. We're putting our childish ways behind us. We use the other guys for all of this on ramp and off ramp and all that stuff. No, no, no. We're going to do it on our chain. We built the rails for it. It works. We just did a live demo. It works. Did Matty get the twenty nine bucks that I sent him yet? Does it works? It did. There it is. Thank you. So look, guys, I am the tech guy for better or worse. I'm building these tools myself for better or worse. Do we have some bugs? Are there some things to work out? Sure. Let us know if you've got some bugs. There is a built in help desk in the bottom right corner. This takes you to the honest money help desk. What other crypto chain has its own support system? We've got a knowledge base, an AI assistant. You can submit a ticket. You can talk to a human. This is a really great function, guys, that the other guys don't do. We do it. Why? Because we're trying to take you by the hand and bring you into this exciting digital future. Yeah. So it works. Use it. Please set up your tsd.honest.money account. Put in your traditional, you know, Coinbase address if you want. Now, I don't want you to do that because, again, you're leaving the ecosystem. As soon as you transfer it back to USDC on ETH, you're out. You're out. You're not creating any additional value inside of our ecosystem if you're off-ramping immediately. But if you off ramp it to your beekeeper, your honest money or your crypto pop wallet, that's linked into, if you like, to your level up rewards. What does that mean? We'll talk about that next week. But in order to rise up in our level up system, in order to increase your rank, you got to hold some TSD. Why? Well, because you're helping other people on ramp. You're keeping people inside of our ecosystem. You're doing that stuff for them and you're making the money. You need TSD to use that. Soon we'll make it so that you can only buy mining packages with TSD. So we got to get comfortable with this stuff and I'd like you to keep it in TSD and then off ramp selectively when you're ready, when you know that your exchange account is good and they're going to not disappear deposit. They're not going to go out of business like BitMart did. So feel free to get started with it. Now link it to your honest money ecosystem wallet. If you want to wait for all of that until you get your coin in the mail, that's okay as well. We're starting to carry these coins with us to different conferences. I know you had some of them today at the, Maybe you gave a couple of coins away today to people that were saying, what's that? But that's it for tonight's call. Maddie, I leave it in your good hands. If you want to tell us more, please do. If you want to take us away with the video of your presentation today, which I cannot wait to see. I am very excited for this live demo to have not completely crashed and burned. Yeah, like I said, the live demo, it was pulled off successfully, which is unheard of. And yeah, so I apologize for any audio issues. Turn up or down your volume as needed. And I have combined two videos, one of me speaking on stage and one of the PowerPoint that I presented mostly because that's where you're going to see the live demo successfully pulled off so uh here we go for this eleven minute video and thanks for tuning in yeah guys have a great night we'll see you tomorrow Thank you so much, Thomas. That's terrific. I'll tell a quick story. We have to move on. But when we founded in April of, in April of, in April of, Dennis Kucinich and others, they were all on the top at the dais, and we were opening the event. And in march was Thomas Massey, newly elected, didn't give a damn, went in and sat down, and started speaking in this turn game. So that, I think, says a lot about his character. We're going to do a little bit of something. There's a little bit of a change. We had invited the sponsor of today's event, Texacoin, and Bobby Gray to speak remotely. He lives in Singapore. But he has designated his assistant, Maki Allen, to come and talk a little bit about what they're up to and some of the exciting things they have on offer. Good afternoon. I'm Matty Allen, representing Texacoin. It's our honor to be a sponsor at this tenth annual conference for the Ron Paul Institute. But first, let's give another round of applause for Thomas Massey and all our speakers. Today I'm gonna tell you about how I got into crypto, how I found Texacoin, tell you about the founder, Bobby Graham, and do a live demo of our new tech for making donations to the Ron Paul Institute. In total, this is a story about honest money. Slide two. My crypto journey. Any fans of gold and silver here? Me too. I didn't take Bitcoin seriously until I passed the price of gold at just twenty five hundred dollars nine years ago. Then I found a guy who makes these physical coins out of gold and silver that store digital value. That guy was Bobby Gray, the founder of Texas Bitcoin. I later found out Bobby actually invented the Bitcoin logo, the coin you see here on the slide, back when Bitcoin was just five dollars. Anyway, imagine my surprise being able to store a crypto password on a real life gold, silver, or copper coin. I proceeded to hand a crypto coin to over a hundred folks, friends and family, also including one to Jordan Peterson and even Hawk Tuo. Instant adoption without all the scary technical aspects. Better tech has truly existed in crypto for a long time, but it takes an honest money movement for real world adoption. It takes action from us all. I also ran into a problem early on, we'll come back to this later. Bitcoin was costing me fifty dollars to send a single transaction, and people weren't using it to replace fiat in everyday purchases anymore. Slide three. Now let's talk about Bobby's honest money journey. Bobby didn't just make the first Bitcoin coin image. Bobby had pioneered a movement in community currencies, specifically gold and silver, for twenty years. He testified in Ron Paul's last monetary policy hearing, and I think we've actually got a clip of that. Slide four. Go ahead and hit play. Our currency circulated long before governments were able to themselves to interfere. Thousands of community currencies were created, circulated, and traded in places where the scarcity of dollars was interfering with humans' desire to live. And they didn't have time to sit around and wait for the government to fix the problem. is that you stay out of the market's way. The people in our world are very happy to go right along saving you from your own destruction by producing value against all odds, regulations, codes, and challenges that you throw our way. Leave our money alone. It doesn't belong to you and never will. Excellent. So on behalf of Bobby and all of us at Texacoin, I want to thank Ron Paul for always being our champion for honest money, even before Slide six. So what is honest money? Well, it's the opposite of being forty trillion dollars in debt and infinite money printing from central banks. Honest money is bitcoin, texacoin. Honest money is scarce, has a known supply, it stores value, it's permissionless, Peer to peer. No central entity can shut it off because they don't like your political statements. Funny story, I actually got debanked once for interviewing another crypto founder, Richard, on YouTube because the government didn't like it. What I suspected was confirmed. We need honest money. Slide seven. What is Texacoin and what have we achieved? It's like a Bitcoin redo. Specifically, peer-to-peer payments are one of the utilities. Something Bitcoin stops trying. And today we can do a transaction for a fraction of a penny on Texacoin using stablecoins like the Texas Stable Dollar, not made by the state of Texas. or US dollar coin or other stable coins. We also crowdsourced a hundred and fifty million dollars for building a mine in Texas. We've got a great team and a community of over fifty thousand members. These are people who love Ron Paul, Freedom, Crypto, and specifically Honest Money. Our fifty thousand members are growing. You can learn more at the website honest.money. Slide eight. Our new tech, NectarPay, the first batch of ten thousand payment terminals is now being deployed in Dallas and worldwide. Merchants get zero percent fees, self-custody, and no chargebacks. No evil banker, credit card middleman charging three percent or more. Slide nine. The website is Nectar-Pay.com. You can use this tech to accept payments for your business or even raise money for a cause like the Ron Paul Institute. So right now, we're going to make a ten thousand dollar donation. We're going to do a live demo here in the next two minutes. Slide ten. We would encourage you to do the same, to give to Ron Paul. I think we'll be able to get a better domain site for you to find it. But right now, for people also watching at home on our YouTube channel, the website is app.nectar-pay.com slash t slash ron dash paul dash institute. Slide eleven. I'm Matty Allen, filling in for Texacoin founder Bobby Gray. This has been a talk about honest money. You can join us at our website, honest.money. And now it's time for a live demo. Go ahead and switch screens. So we're going to kick off the donating to the Ron Paul Institute here at the website we made with Hector Pay. And I've got my associate back there, Eddie, and he's got his crypto wallet out. And he's going to click the button there to make the donation. And there's going to be a QR code that pops up. Today he's gonna be using the Texas stable dollar that TexasCoin created, which is another form of wrapped US dollar coin. So it's one for one with a dollar and a bank account. And he's got the QR code that popped up there. He's using his phone back there in the back with a camera that is taking a picture of the QR code. he's gonna hit the send button, and about five to ten seconds later, the money will be right there on the coin that Ron Paul has in his safe at home. And we'll get a confirmation link here. And so, yeah, this is something that's really exciting to be a part of this movement of honest money.