Can They Recover 7,000 Bitcoins??

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  • เผยแพร่เมื่อ 28 พ.ย. 2024

ความคิดเห็น • 155

  • @arthurhammeke8296
    @arthurhammeke8296 ปีที่แล้ว +55

    Nvidia loved the crypto craze. History repeats: during goldrushes, it wasn't the miners making the money. It was the shop keepers selling the shovels, pans, etc.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +16

      Absolutely, lots of wealth transfer going on, no wealth creation

    • @erg0centric
      @erg0centric ปีที่แล้ว +2

      Work clothing made from denim, Colt's revolvers ...

  • @gordslater
    @gordslater ปีที่แล้ว +21

    wow that soldering needed a trigger warning

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +9

      I was THIS CLOSE 👉🏾👈🏾 to adding a comment about it on the video… But didn’t want to tear anyone down 😂

    • @jfbeam
      @jfbeam ปีที่แล้ว +3

      Really. I've seen better soldering done with crayons. (even if that chip was a grain of rice, that was horrible.)

    • @swanee
      @swanee ปีที่แล้ว +2

      I kinda love that a novel approach looks like that and somehow still works, should inspire hope for many!

    • @daveys
      @daveys 10 หลายเดือนก่อน +1

      True! It looked like a cat soldered it.

    • @SwapPartLLC
      @SwapPartLLC 10 หลายเดือนก่อน +2

      ​@@daveysMy cat solders way better than that, and works for treats.

  • @edgeeffect
    @edgeeffect 10 หลายเดือนก่อน +3

    I'm going to regret The Algorithm's response to me clicking on a video with "Bitcoin" in the title. But I can't ignore a Recessim video.

  • @dl5244
    @dl5244 ปีที่แล้ว +9

    3:36 in case dynamic runtime decisions need to be made, I think this could be accomplished by emulating the external RAM (plus special logic) in an FPGA (but never in a PC)

  • @TheMightyWej
    @TheMightyWej ปีที่แล้ว +24

    This really is a gem of a channel, great content with even better delivery. Really appreciate the straight to the point explanation of the topics covered

  • @daveogfans413
    @daveogfans413 ปีที่แล้ว +8

    Hash is really upping his video editing game. Be careful not to overdo it though.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +7

      Thanks! It’s a fine balance for sure between entertainment and epileptic seizure 😂

    • @TymexComputing
      @TymexComputing ปีที่แล้ว

      TH-cam can save you from epileptic seizure in videos - of course only if you have adblocker and nodejs disabled and watching in Gafam-Chrome - you can trust them :) 😇 @@RECESSIM 👼

  • @mr.nathanieljohnson4969
    @mr.nathanieljohnson4969 ปีที่แล้ว +3

    I love the Sneakers reference

  • @MakeItHackin
    @MakeItHackin ปีที่แล้ว +1

    loving the new camera setup

  • @dennisfahey2379
    @dennisfahey2379 ปีที่แล้ว +12

    "If you build it; they won't necessarily come." I want that on a T-Shirt, perhaps with the logos of all DOTCOM fatalities.

    • @TymexComputing
      @TymexComputing ปีที่แล้ว

      Kim DOTCOM? :)

    • @mankind8088
      @mankind8088 3 หลายเดือนก่อน

      😂🤣😭😂😭🤣🤣😂😭

  • @hansmuller1625
    @hansmuller1625 ปีที่แล้ว +6

    Having flashbacks to the Game Genie days.

    • @SwapPartLLC
      @SwapPartLLC 10 หลายเดือนก่อน

      I had 3 Game Genies. Stacking them would allow up to 9 codes at a time. Had to put books under them to support them, but it worked.😂

  • @stickyfox
    @stickyfox ปีที่แล้ว +2

    if only we were applying these techniques to something worthwhile, instead of burning energy, facilitating crime, and enriching already-wealthy people.

  • @tangraelectricpower8754
    @tangraelectricpower8754 ปีที่แล้ว +5

    Congrats on the channel. You are my #1 channel in youtube!!!

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +1

      Thank you! Appreciate you watching

    • @Mr_Smith_369
      @Mr_Smith_369 2 หลายเดือนก่อน

      ​@@RECESSIM Dont you have email?

    • @RECESSIM
      @RECESSIM  2 หลายเดือนก่อน

      @@Mr_Smith_369 hash@recessim.com

  • @MorgothCreator
    @MorgothCreator ปีที่แล้ว +1

    For the stacked chips, a solution is to check the integrity of the firmware against a checksum of the hardware fingerprint in combination with a random number generated internally at the date firmware was first run every time before the key is decrypted and before is used, is a stupid idea to keep the temporary decrypted key in an external RAM, as well a service can be created to verify the integrity of the firmware every second o so.
    How I proceed to encrypt the key? I never store the hash or the password, I store the key in an encrypted container with a checksum of the decrypted container, the hash is encrypted in the container but only the key is hashed, and check the password hash against the attempt of the decrypted container hash, if the decrypted container hash equals the password hash, the container is decrypted successfully and the key can be used, the container can contain more data or garbage to further complicate the things.

  • @jhonagustine8870
    @jhonagustine8870 10 หลายเดือนก่อน

    This video is top tier in education and humour. Instant subscribe

  • @benjaming7219
    @benjaming7219 ปีที่แล้ว +1

    Great production values in this video

  • @magran17
    @magran17 10 หลายเดือนก่อน

    Ohh my favorite new channel! I think the same about crypto craze.

  • @DJ-Daz
    @DJ-Daz ปีที่แล้ว +4

    I've done a similar trick a couple of times to rescue motherboards.
    So a BIOS flash goes wrong, remove the dead chip (they used to be socketed) and install a known good one from an identical mobo, boot it fully, remove the working chip, re-instal the dead one, and reflash it again.

  • @TymexComputing
    @TymexComputing ปีที่แล้ว

    6:16 - the other solution is that Thomas also doesnt have the wallet and amount in it :) - he only said so to find a less wealthy wify :) - they also couldnt buy that wallet from him. There are so many encrypted data... laying on the side of the road ;)

  • @rerler1
    @rerler1 ปีที่แล้ว +1

    Well, any sales people to get in touch so we can develop a device which would inject random noise in your mains when plugged in a power outlet, turning this sense thing useless?😅

  • @tomtravis858
    @tomtravis858 9 หลายเดือนก่อน

    I've been binging your videos for like 2 hours now, thank you, subscribed.

    • @RECESSIM
      @RECESSIM  9 หลายเดือนก่อน

      Glad you like them!

  • @TymexComputing
    @TymexComputing ปีที่แล้ว

    4:30 - the wired topic... is wrong - the simple way is to buy another pendrive of the same kind and test on that one - later sell technology to thomas for 2-22-222 btc oins. And yes i also think these bluffcoins dont bring anything new except technology - they are not money, they are only currency (And currencies should be trust if they can - not otherwise). I am sure we could make an NFT Barter market for natural goods - the speculation would be left in place - only if that Lady of the channel that recently spoke to me could evaluate if people will be able to buy a car for fixing electronic devices or for tons of tomatos we could all be saved :)

  • @macman6421
    @macman6421 ปีที่แล้ว +3

    If the contents of the NAND is encrypted and you switch in another NAND chip, would you not have to encrypt the contents of that NAND so that you could execute your own program?

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว

      Yea, if it’s encrypted things become harder. Not sure if any XiP (Execute in Place) processors support live decryption of their instructions. I would think if the memory’s encrypted it would be loaded to some internal RAM, decrypted and run from there. Haven’t researched it enough to say one way or the other though.

    • @jfbeam
      @jfbeam ปีที่แล้ว +1

      Yes. And it's even more complex because NAND isn't just a flat memory space. The NAND controller is doing error checking, bad block remapping, interleaving, etc, etc, etc. It's way accessing NAND directly is a mess -- i.e. you need special software. Switching NAND chips in a running system would just confuse the controller, even without encryption.

  • @isheamongus811
    @isheamongus811 10 หลายเดือนก่อน

    Make the microchip count from 0 to 255 a swap will desync causing an error and may precent cosmic ray bit flips

  • @davidlee50
    @davidlee50 2 หลายเดือนก่อน

    This and the Ram radio hack would be a marvel to some.

  • @jstro-hobbytech
    @jstro-hobbytech ปีที่แล้ว

    Great video. Selling your old printer by chance?

  • @DavyOneness
    @DavyOneness ปีที่แล้ว

    Just pause your clock signal, then you don't have to worry about too slow of timing to sending your command

  • @SDS-1
    @SDS-1 ปีที่แล้ว +1

    Good show Neighbor 🤙

  • @isheamongus811
    @isheamongus811 10 หลายเดือนก่อน

    Maybe custom silicon for emulating these chips?

  • @Truthorshit
    @Truthorshit ปีที่แล้ว

    Very Good!
    great humour thnx

  • @ChrisMuncy
    @ChrisMuncy ปีที่แล้ว +1

    Morning Hash! Hope the weather is settling down up there in McKinney lol. Love the Sneakers reference. Thanks for another great video.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +1

      Can finally go in the garage and play with tools! 😂 Thanks for watching!

  • @Da_Crypto_Raccoon
    @Da_Crypto_Raccoon ปีที่แล้ว +4

    Crypto has done more for people that any bank government or political figure every. Just sayin! good video!

  • @dennis8196
    @dennis8196 ปีที่แล้ว +4

    Running chips in parallel is not new, doing so for this purpose is fairly new, but doing this to expand the abilities of a device by running chips in parallel has been something I've seen done in the 80's to run multiple ROM's on home computers and I know of at least 1 home computer that used this method to switch in double the RAM (with a logic chip to switch the 2 banks).

    • @dennisfahey2379
      @dennisfahey2379 ปีที่แล้ว +1

      Intel actually sold memory in DIP packages that stacked two up. They had one digit difference in the part number. They inverted one pin so when high you selected the upper and low - the lower. Then the dumping started and Intel pulled out of the DRAM market. Luckily IBM standardized on their processor or they may have been gone fairly quickly. They had started to lose the CPU market to Mostek, Zilog and Motorola.

    • @ClosestNearUtopia
      @ClosestNearUtopia ปีที่แล้ว

      Its also used on custom snes roms. It acts like a translator mask.

  • @TalkingSasquach
    @TalkingSasquach ปีที่แล้ว +1

    Great video! Love your channel, keep it up!

  • @i_want_pizza7576
    @i_want_pizza7576 10 หลายเดือนก่อน

    i love the end when you threw the card, that was great. if you don't mind me asking what camera and mic do you use? they have really good quality.

    • @RECESSIM
      @RECESSIM  10 หลายเดือนก่อน

      I think you’ll like the episode that releases tomorrow (Feb. 2nd) even more! Main cam is Sony FX3 and a Lumix G7 for the side angle. Rode NTG4+ shotgun mic with some light audio processing.
      If you’re thinking about making videos, focus more on proper lighting and audio, and less on which camera body to get. Audio, light, lens, body in that order would be my advice. You’ll get the best looking content that way.

    • @i_want_pizza7576
      @i_want_pizza7576 9 หลายเดือนก่อน

      @@RECESSIM thanks for the tips!! and you were right, the next episode was great but i'm watching the next one already with the train, also very interesting :)

  • @NeverGiveUpYo
    @NeverGiveUpYo ปีที่แล้ว +1

    Stacking the chips for fun and profit.

  • @haraldwolte3745
    @haraldwolte3745 11 หลายเดือนก่อน

    This is my new favorite channel. Does anyone know about the landis & gyr e350 with a e35c comms module using LTE-M? Is it possible to sniff the link and monitor it locally so i know what the power company gets to see?

  • @forbiddenera
    @forbiddenera ปีที่แล้ว

    3:50 I've done it within 20ns on an overclocked teensy...it's not impossible

  • @lollubrick
    @lollubrick ปีที่แล้ว

    I love that you wear a suit in these vids

  • @kwisin1337
    @kwisin1337 ปีที่แล้ว +1

    Love the scene

  • @XiaZ
    @XiaZ ปีที่แล้ว

    What if the memory is encrypted?

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว

      Probably SoL then

  • @JamesHalfHorse
    @JamesHalfHorse ปีที่แล้ว +6

    The local power co engineers here were all about bragging about the smart meters but when I start asking about the encoding and guessing protocols going back down the lines that the rf analyzer I got could probably figure it out they get quiet and don't want to discuss it.

    • @jfbeam
      @jfbeam ปีที่แล้ว

      Indeed. Security through "STOP ASKING!" :-)

    • @JamesHalfHorse
      @JamesHalfHorse ปีที่แล้ว +2

      ​@@jfbeam Literally been told "I am not allowed to discuss any of that" and the conversation kinda stops. I am not yet sure if the meters call home down the power lines or if they send out a ping to them over time but I was always used to unplugging the meter when I worked on the panels.. well after the smart meters a truck showed up because my meter didn't respond and they thought the line was down. They put meter bases with disconnects in them for me so I don't need to do that but I was kinda surprised they knew and fairly quick. It's got to be all power line as there is no accompanying fiber line and lots of mountains so a lot of radio/cell signals don't go into some of the valleys. I have communication analyzer that could sniff it out and maybe even do something inductive like a cable tv experiment at a place one time that can pick up the signal without me sticking a probe directly to the line side.

  • @Nick3DvB
    @Nick3DvB ปีที่แล้ว +2

    Looks like they let a software guy solder that EEPROM stack.
    Also, how the hell have you only got 32k subs, the west is fukd.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +1

      I was literally going to put those words as a caption of the EEPROM solder job, but didn’t want to trash the guy for trying to step out of his comfort zone 😀
      Help spread the good word about the channel! Appreciate you watching.

    • @arunmagesh
      @arunmagesh ปีที่แล้ว

      hahahaha! I'm a hardware guy. I blame my cheap solder metal.

  • @montroelectric9840
    @montroelectric9840 10 หลายเดือนก่อน

    great suite

  • @personalPickle
    @personalPickle 10 หลายเดือนก่อน

    I bet you could do a great James Earl Jones Impression

  • @jimmx2
    @jimmx2 10 หลายเดือนก่อน

    Loved the sneakers reference

    • @RECESSIM
      @RECESSIM  10 หลายเดือนก่อน

      Such a great movie

  • @Clark-Mills
    @Clark-Mills ปีที่แล้ว +1

    Excellent content and delivery!

  • @apIthletIcc
    @apIthletIcc ปีที่แล้ว

    Dont need to slam more transistors into the current constraints, just sandwich them. There is at least one good idea that isnt nefarious:
    I could design a cpu socket that has 2 in one. So one half of the cpu pkg resides on either side of the motherboard. 3d printing might even advance enough to have coolant channels built in to the socket between each layer of the cpu to chipset to cpu. and ram on cpu could benefit alot to from the stacking idea too. I could see quantum processor makers actually steal this idea so at least I posted it here first, for the record lol
    Just need to make asyncronous operations more secure somehow but. 😂 yeah. I have a sort of decent idea to beam data across the gap when it could be necessary for crytographic needs. The beam is the most important bit though, because it would generate a key for each chip side with an encryption scheme based on a pretty cool anomaly I discovered in hexadecimal and punycode. Idk if its intended, but it is awesome.

    • @reddragonflyxx657
      @reddragonflyxx657 10 หลายเดือนก่อน +1

      Stacked chiplet designs are already a thing. Multi-socket motherboards are also already a thing (they generally go on the same side of the motherboard so that all of the sockets are on the same side with separate mounts for cooling. We're already putting everything on chiplets in the same package and calling it a SOC (CPU, RAM, SSD, GPU...), but I forget what it's called when it's just CPU and RAM.
      Usually if the extremely high bandwidth links on the motherboard are being tapped the attack surface is wide enough to make security extremely difficult. Anyway Secure Memory Encryption is already an extension on some x86-64 chips. You could have a secure element in the CPUs for dealing with the few extremely high security operations and design the rest of the system normally.
      DO NOT use bespoke encryption methods. A good cryptographic primitive needs years of mathematical analysis before we're comfortable saying that breaking it is hard enough to design systems around its properties. Do the cryptopals challenges if you want an introduction to how encryption is easy to do wrong.

  • @jacquesb5248
    @jacquesb5248 ปีที่แล้ว +1

    if you have a ups that sensing wont work.....

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว

      You measure both sides of your UPS or are you assuming it’s providing a buffer/smoothing?

    • @jacquesb5248
      @jacquesb5248 ปีที่แล้ว

      @@RECESSIM i doubt they would sense anything behind a ups....they might detect more current draw yes but it would come from one sources the ups.....

  • @jbricenoing
    @jbricenoing ปีที่แล้ว +3

    "Cryptocurrency is a waste of time" 😂 HFSP

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว

      Feel free to spread the wealth over on Patreon, help the less fortunate and all…

    • @jbricenoing
      @jbricenoing ปีที่แล้ว +1

      I can't support over partreon. I'm from an underprivileged country with currency control where we are not allowed to spend our hard earned money if our government doesn't allow it. We have no access to Visa, MasterCard, venmo, zelle, PayPal. Post a Bitcoin address and I'll be happy to support your wonderful content. No government authorization required for that transaction. 😎

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว

      Hard to argue with that 😂

  • @ghostmantagshome-er6pb
    @ghostmantagshome-er6pb หลายเดือนก่อน

    Didn't they do something similar to hack slot machines.
    A chip on the end of a stick.

  • @jmr
    @jmr ปีที่แล้ว +2

    My power company uses AI to determine what appliances are running. The results have not been spectacular. They have only identified one of my appliances and I'm not sure they got that correct. It took months and they never said they identified any of the other appliances they claimed to support.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +2

      Maybe AI doesn’t mean what we think it means 😂

    • @jstro-hobbytech
      @jstro-hobbytech ปีที่แล้ว

      ​@@RECESSIMagreed. AI is no where near its made out to be. It cracks me up. Ouuuuu it can write code!!! I'll write my own, thanks. It's like owning a lawnmower and someone else mowing your lawn and one day they die and the instructions on the sticker are rubbed off and the lazy dummy who wouldn't get off his ass is dicked until he tries to figure it out how to prime, grab the gas and pull. Haha

    • @erg0centric
      @erg0centric ปีที่แล้ว

      Chinese 5G AI expertise?

  • @masterchief4125
    @masterchief4125 10 หลายเดือนก่อน

    Dope🔥🔥 definite Subscribe

  • @grimninja2004
    @grimninja2004 ปีที่แล้ว +1

    the power sensing thing is not new, the company was advertising clamp style units to install into your electrical box for the laast few years
    guess they couldn't get enough money that way and not they partners with the meter company to license it.
    gonna be easy to track the illegal grow ops and mining rigs in ri now ;),
    device profiling + remote disconnection or power shedding ?

    • @spearmintneighbor2948
      @spearmintneighbor2948 ปีที่แล้ว +1

      A custom "power strip" that could obfuscate what is actually plugged in is something I'm sure would be invented in response to the nosy power company

    • @arjix8738
      @arjix8738 ปีที่แล้ว

      @@spearmintneighbor2948 I think a UPS is enough to obfuscate what devices are plugged into it

  • @DonThorntonJr
    @DonThorntonJr ปีที่แล้ว

    re: *Story 3 - Smart Meters* - I'm pretty sure you can defeat this technology by using a spot UPS or a whole house UPS.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +1

      This is the second comment I’ve seen mentioning a UPS. I have my doubts though. My understanding of most consumer UPS are they just monitor the power line and switch to battery if they sense a power drop. They aren’t acting as a big capacitor bank smoothing out power draw.

    • @bergweg
      @bergweg ปีที่แล้ว

      probably once these meters start appearing on markets like ebay, people will figure out how the communication with the power company server is done and eventually find a way to jam it

    • @rerler1
      @rerler1 ปีที่แล้ว +1

      Don't need to jam. Just a thing plugged in your power outlet injecting a random/pseudo-random noise in mains.

  • @williambryce8527
    @williambryce8527 ปีที่แล้ว +4

    I was jonesing like a broke crack addict! Finally got some new news! WooHoo more to check out and think about!

  • @destroyer2203387
    @destroyer2203387 10 หลายเดือนก่อน

    You my marvel Hero ) hard hacker 😊

  • @Uneke
    @Uneke 10 หลายเดือนก่อน

    That guy who has the key to the gold mine should contact the company that is contracted and strike a deal to split the profits lol

  • @MikeyMystery45
    @MikeyMystery45 10 หลายเดือนก่อน

    There are ways to defend against this type of attack vector but hiring someone like me to defend against stuff like this isn't always an option for most people. Cool video and it makes you think. I might have to send you some suggestions for some future content if you're willing because this type of content is getting harder and harder to find nowadays especially for the good guys and I have a few topics I think might be right up your alley so to speak.

    • @RECESSIM
      @RECESSIM  10 หลายเดือนก่อน

      Love to hear any ideas you have, you can find me on Discord or hash(at)recessim.com

  • @DrFiero
    @DrFiero ปีที่แล้ว +6

    Reminds me of stacking memory chips in Atari ST's back in the 80's. Of course that was to add capacity!

    • @mikeskupniewitz8057
      @mikeskupniewitz8057 ปีที่แล้ว +1

      my first thought also, I did my 520ST Developer beta model, and my computer teachers 520, 512 ?M/k? of ram chips cost over $300 then in the mid80's.. the school had a single10 Meg hard drive for a apple II.....

    • @DrFiero
      @DrFiero ปีที่แล้ว

      @@mikeskupniewitz8057 - yup, that’s what I did too. Since I was so broke back then and wanted more storage, I cobbled a DSDD 5-1/4 from a pc to work on it as well as a 2nd drive.

    • @lemagreengreen
      @lemagreengreen ปีที่แล้ว

      You could do that to the original Xbox too, could double its RAM to 128MB just by stacking chips :)
      Saw someone upgrade a Voodoo 1 card the same way, piggybacking chips to give it 8MB video memory.

  • @Willclay25
    @Willclay25 ปีที่แล้ว +1

    Ha ha I actually work for a company as an IoT architect in the utility space. And just so happens we are headquartered just down the street from you. We have several sense devices deployed and work with AMR-AMI systems a lot.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +4

      How about a factory tour?? 😀

  • @mabec
    @mabec ปีที่แล้ว

    Did you actually throw that card or was it FX?

  • @MarkOfBitcoin
    @MarkOfBitcoin ปีที่แล้ว +1

    Do you like getting your savings printed away? That’s what the Fiat Money system is doing. Bitcoin fixes this. Educate yourself, please.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +1

      How’s it different from buying Gold or Silver? Those have an ACTUAL use, AND hedge inflation.

    • @MarkOfBitcoin
      @MarkOfBitcoin ปีที่แล้ว

      @@RECESSIM ok, good reply. At least you show you’re understanding the Fiat system has problems. And gold has been great for many thousands of years. And the USA *was* on a gold standard, twice! Yet 50 years ago, that stopped. Why? Because there was an element of Trust involved; trust that the USA government actually had as much gold as it was creating promises (money) to redeem for it. They lied. They were printing way more and then decided to abandon it all together.
      With Bitcoin, there is no Trust required. It has an open ledger that you can VERIFY who has how much. Also, nobody controls it. It operates in a decentralised manner that can’t be stopped. Can’t be hacked. And your Bitcoin can never be taken from you, if you do the right thing to secure it.
      Gold on the other hand, can be stolen. You can’t easily carry it around. It’s not easily divisible. And it’s expensive to transport it safely. Bitcoin fixes all of this.
      We are in a digital age. Bitcoin has a programmatic finite supply and thus is not inflationary. It has value, just like anything else, because the market sees value in its capability and it takes a lot of power to produce and secure it.
      But again, don’t trust me to tell you all there is; verify it yourself. Do a small amount of research. Read “The Bitcoin Standard” which does a great job of explaining it and the benefits.
      And thanks for replying. 🙏🏻

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว

      @@MarkOfBitcoin My main issue with Bitcoin is the "...market sees value in it..." vs intrinsic value. The limited supply of it seems more like the great justifier of its value than a real property. Gold has physical properties that give it value along with the limited supply. Bitcoin's value is in circumventing government controls, which can be "fixed" in the future reducing its value.
      As a system to enable transferring wealth without government control it's great. Assuming you can turn that Bitcoin back into something spendable in your own country to get food and pay rent. It's created a ransomware market where one was impossible before, but what else? It's too unpredictable as a currency, so the bubble seems to have burst there.
      Other than ransomware and people who hoped to get rich quick with their stimulus checks, who else is pumping it and benefiting?

    • @MarkOfBitcoin
      @MarkOfBitcoin ปีที่แล้ว

      @@RECESSIM once again, thanks for your considered reply. It isn't just that the "market sees value" although that really is how the economy works. Absolutely everything has a perceived upper value that people are willing to pay for. Is a house on the beach really intrinsically worth $20 million in materials to build it, or is it because land by the sea is scarce and therefore the market sees a higher value in it? However, Bitcoin is not made out of thin air. It is in fact generated (and secured) by using a lot of energy. Energy that the providers of that securing and work are rewarded in Bitcoin for doing that work. So there is in fact some intrinsic value to it, basically being "digital energy".
      Bitcoin in itself doesn't circumvent government controls. In fact, it has been deemed by the government to be a commodity, much like oil and gas are commodities. And if you buy some of those commodities and then sell them for a profit, you are expected to pay taxes on it, just as you do with Bitcoin. Now you can do various nefarious things with Bitcoin, but those same thing, IN GREATER NUMBERS, are done with your supposedly "angelic" fiat dollar. How many times do you get robo-called on the phone to tell you of a charge from Amazon to your credit card and if you don't want that, then hold the line? Those people don't try those scams if they don't work... And poor grandma hands over her credit card which has nothing to do with Bitcoin.
      Now, you may like having your funds being controlled by the government (just like the Canadian Truckers, yeah?) but others feel that it is THEIR money and the government should NOT be able to stop you donating it to a cause that does not fit their narrative. That is why Bitcoin is often referred to as "Freedom Money".
      As to using Bitcoin for groceries... Take a look at what is slowly happening in El Salvador and a few other cities around the world. Yes, you CAN buy goods and services with your Bitcoin. In El Salvador, it is legal tender so you can even pay your taxes in Bitcoin. And they won't be the last country to adopt it that way.
      Lastly, you asked who else is pumping the price? Blackrock, the worlds largest investor, will be. In case you didn't hear, they applied to have a spot Bitcoin ETF. So all the hedge funds, and pension funds and investment brokers will soon have a very easy way to invest into Bitcoin by simply buying a share on the stock market. For each share they sell, they need to buy a Bitcoin to back that share. Do you really think it's a bad investment when the likes of Blackrock think it is a good one?
      Happy to answer any more questions but I am certainly no expert. Look up Michael Saylor (of Micro Strategy) and how much he has invested his company's future on Bitcoin. Why would he do that if he didn't think it was "perfect money".

    • @befuddledhodler6305
      @befuddledhodler6305 ปีที่แล้ว

      @@RECESSIM You have no idea what you are talking about. The fact that Bitcoin is used for ransomware actually proves it is fit for purpose! Using it, you can transfer value anywhere in the world at any time of day, without the need for approval or intermediaries. It can’t be devalued or confiscated and runs on the most secure network known to mankind. Government printed toilet paper money is used as payment for most of the criminal activity due to its untraceable nature. Gold markets are so highly manipulated that they have not even kept up with inflation over the past few decades, and gold’s scarcity is under threat now as NASA and other space companies talk about mining billions of tons of gold on asteroids.
      And to correct your highly inaccurate view on what Bitcoin is actually used for, less than 1% of Bitcoin transactions are actually the result of any sort of criminal activities. A far cry less than actual cash being used for crimes. And no, it is not possible for any government to “fix” Bitcoin or change the way its network works. I suggest you read up about decentralised systems and how they work. It is not possible to modify the network without the consensus of the majority of participants.

  • @Aloh-od3ef
    @Aloh-od3ef ปีที่แล้ว

    Despite knowing very little about computer science.
    I find this channel very interesting and informative 😊

  • @paulstubbs7678
    @paulstubbs7678 ปีที่แล้ว

    We've had a "smart meter" (dumb) now for ages, the only way to get any data out of it is to talk to the power company and request a dump from their website, not exactly the real time that I am after.
    So the tech is great, unlike the suits at the power company that won't hand out the keys.

  • @MacGuffin1
    @MacGuffin1 ปีที่แล้ว

    clock signals can be slowed..... Also learn to solder bro.. jk: respect on the piggy-back

  • @shawnerz98
    @shawnerz98 ปีที่แล้ว

    The only "experience" I want from my power company is for them to deliver me the voltage and current they're supposed to. I can live with occasional outages. I don't need detailed information about each applicance!

    • @jfbeam
      @jfbeam ปีที่แล้ว

      They don't know _exactly_ what's what... they're guessing. For example, my "power summary report" shows a water heater... this house has had gas water heating since the day it was built 40+ years ago. (the current one is a forced induction model, it's electricity use is a rounding error.) It also shows HVAC usage in the summer, yet my A/C hasn't been turned on in 8 years!

  • @Scrogan
    @Scrogan 10 หลายเดือนก่อน

    If I ever get one of those habit-monitoring smart meters, I’m gonna install an enormous LC filter that blocks anything significantly above 50Hz. And add soft-start and PFC to every appliance I own. Wait maybe that’s the power companies’ goal all along…

  • @joto1580
    @joto1580 ปีที่แล้ว

    Interesting technical video, but obviously no clue about what currency, money and store of value is and the role of cryptos in our broken fiat system.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว

      If I had 0.00001 BTC for every time I heard that 😂

  • @TymexComputing
    @TymexComputing ปีที่แล้ว +1

    1:44 - OMG i cannot unsee it :). the chip stacking is an interesting topic in stacked memory chips - i recall that Viking Technology/Sanmina had this approach and made "huge" , low power, and slow memory dimms with stacked chips :) - yes all 3 options included ;)

  • @G-ra-ha-m
    @G-ra-ha-m ปีที่แล้ว

    Smart meters are fantastic, a whole new layer of intrusion and control that we used so think we didn't need! Also that lovely RF too, is that safe? Is it insurable?
    Why are we being nickel and dimed for our energy costs, while we wage war on most of the planet? And all that clever engineering time, that could have been spent in something useful. Wokeworld is madness.

  • @JFirn86Q
    @JFirn86Q ปีที่แล้ว +1

    I've seen that Sense device many years ago, they still sell it I think. I know it isn't the power meter version, which is much more interesting to understand 😉

  • @jimturpin
    @jimturpin ปีที่แล้ว

    Thanks Hash, really interesting stuff, that stacking chip thing was interesting, I've seen the technique used for drivers to increase power handling capacity, never thought about using it to switch in and out executing code, that was just plain clever. Totally agree with your bitcoin assessment, the other part was to drive electric prices up here in Texas after the crypto folks moved here because the electricity WAS cheap. Really enjoyed the humor too, these days we all need a good laugh now and then.. Cheers buddy!

  • @gblargg
    @gblargg ปีที่แล้ว +1

    Sound effects are distracting.

  • @marksmod
    @marksmod 10 หลายเดือนก่อน

    oh baby

  • @HiwasseeRiver
    @HiwasseeRiver ปีที่แล้ว +1

    Come on man - Old money is bad, just trade all your old money for new money because old money is really good money. The logic is fundamentally broken.

  • @zoenagy9458
    @zoenagy9458 ปีที่แล้ว

    interesting, but to replace code external ROM must be unencrypted, thus it's already reversable

  • @ololh4xx
    @ololh4xx ปีที่แล้ว

    the guy doesnt have 7k bitcoins. He never did. He just wanted some attention - get got called out and thats why he doesnt take the offer. Not a single person on the planet has that many bitcoins on some random hardware wallet - *especially* no software engineer. Software engineers use software. That easy.

  • @piman13_71
    @piman13_71 ปีที่แล้ว +3

    If i were one of those people who got the meters I would rip it off and tell them I want a stupid meter not a spy and send the spy to you lol

    • @glasslinger
      @glasslinger ปีที่แล้ว +1

      Ah, afraid your "grow room" is going to be detected!

    • @piman13_71
      @piman13_71 ปีที่แล้ว +1

      @@glasslinger no just don’t like the idea of being told that I’ll be charged extra to run my dryer before a certain time or anything else for that matter
      Look at how this data could be used or sold, hey this person ran 20 loads of laundry they might be running out of our products, let’s shove it in faces while there not on “sale” or anything else like that… remember with AI even small changes have been enough to accurately predict very intimate things

    • @jfbeam
      @jfbeam ปีที่แล้ว

      @@piman13_71 That's not how these things work. It can only report total service usage. They DO NOT know exactly what is using that power. However, they can guess. For some loads - like an electric dryer - that's instant huge load, and it cycles at a predictable rate. Your oven and stove are also high current devices, but they don't cycle like a dryer. It's not like they can tell every time you open the fridge door. (because the light comes on.) An EV charging is also an obvious load. (but some put those on their own meter.)

    • @piman13_71
      @piman13_71 ปีที่แล้ว

      @@jfbeam right but tracking that data and making it into stuff to sell is not a hard stretch, heck I believe it was on this very channel at some point when he even posed this idea, even if it is a “guess” it’s still more information, remember everything that current internet advertising works on is educated guesses from what they can see but the more points there are the less guessing there is

    • @feelinghealingfrequences7179
      @feelinghealingfrequences7179 3 หลายเดือนก่อน

      opt out
      use an analog meter
      they charge $109 to begin
      then $140 a year to manually come by and read it

  • @jfbeam
    @jfbeam ปีที่แล้ว

    It's not exactly new... Chinese cloners have been doing this chip swap trick on Cisco gear for over a decade. (the first read is the hash check. the second read is the decompress to memory. give hardware the real image for the first lookup, and then the hack afterwards. even switch back for the 3rd+ reads so the hack is invisible to the running system.)

  • @GF_Burke
    @GF_Burke ปีที่แล้ว

    Up 12000% from crypto all year. Sorry.. ;) Find good projects.

  • @namelastname_
    @namelastname_ ปีที่แล้ว

    Re is in bed with the enlightened M 😂

  • @UnCoolDad
    @UnCoolDad ปีที่แล้ว +1

    100% agree with you on crypto. It is a scam.

    • @RECESSIM
      @RECESSIM  ปีที่แล้ว +1

      It’s a solution to nothing looking for a problem that only exists for criminal organizations or those looking to avoid paying their taxes… Also those looking to get rich quick off of something they don’t understand, like all get rich quick schemes.

    • @MarkOfBitcoin
      @MarkOfBitcoin ปีที่แล้ว

      @@RECESSIMloved your video but this statement shows your ignorance in two areas; you don’t understand the Fiat System of Finance and you don’t understand Bitcoin. (Bitcoin is a crypto, only one crypto is Bitcoin; the rest are sh!tcoins) You seem like a smart guy so why not invest just an hour of your time on researching why Bitcoin came about and what makes it so special. Plenty of sources here on TH-cam, like Bitcoin University and Coin Bureau. Peace.

    • @befuddledhodler6305
      @befuddledhodler6305 ปีที่แล้ว +1

      ​@@RECESSIM said like a true privileged 1st world citizen with no idea what happens in 3rd world countries not blessed by having their native currency as the world reserve currency. Perhaps you should stick to electronics rather than commenting on things you know nothing about.

  • @namelastname_
    @namelastname_ ปีที่แล้ว

    i wonder if this is how skyscrapers are built. chips on chips on chips lol #loops. seek not gold and silver seek me in everything you do.