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April 7, 2025 64 mins

They briefly discuss the fire at the AJ Fernandez factory. Terrible tragity.  They move on to the Quantum slump that Jensen Huang caused and his appology forum panal NVIDIA assembled to re-ignite the energy around Quantum computing. All the while they smoke the AJ Fernandez Man O War Armada and drink the Hogsworth bourbon and armangnac blend. Do digital coin survive the quantum revolution?

https://www.fierceelectronics.com/ai/bear-bull-quantum-execs-help-huang-reignite-hype

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
Alright, welcome to our newest episode.

(00:02):
In this episode, we'll have an A.J. Fernandez,
Man of War, Armada, and with it,
Hogsworth, Bourbon Whiskey, and Arminyak.
Hogsworth?
Your hanging out with Bill and Darryl with cigars,
liquor, and of war.

(00:24):
All right, well, the Man of War Armada,
at least this particular one,
is a six and a half by 56.
Pretty big chunk.
Ecuadorian Sumatra Maduro Rapper,
and Esteli Le Hero,
and Omptepe Le Hero from Nicaraguan Fillers,
and a Nicaraguan binder.

(00:45):
MSRP is $22.
Barche and bones.
Hogsworth, Bourbon Whiskey, and Arminyak
is age-dated at an average of 9.3 years,
and I will go over more of what's on the back
of the bottle in a bet,
because it's interesting.
And bottled at 94 proof.
All right.
What about it?
There's something missing from the show notes here.

(01:07):
Hmm.
Oh, the price of the Hogsworth.
Yeah.
Oh, shoot.
I don't remember.
Yeah, I forgot to put it down.
I don't remember.
You know what, I think it was in the 45 area.
I just don't remember.
I'm gonna write down unknown.
No.
Okay, of unknown purchase price.
Unknown cost.

(01:30):
But it was just something that,
there's a sense.
Somewhere, I'm sure.
There is.
We mailed it.
I mailed it.
What do you wanna say?
We know.
What it is.
We do know what it is.
All right.
So.
Okay.
I wonder, you mentioned it.
You mentioned the back of the bottle.
You mentioned the back of the bottle.

(01:52):
I now need to know what the back of the bottle says.
All right.
I wanna go straight to the bottle.
I wanna go straight to the bottle because.
Didn't you, before we taste it?
No, I'm curious.
Oh no, I've tasted it.
Okay.
I'm gonna have you talk while I continue to.
Taste and smoke.
To taste and smoke.
All right, so.
You get the idea now.

(02:13):
So on the back, I would like to point out
that this is hand bottled by Balthasar Rex LLC
in Shoreham, Vermont.
Okay.
So no machine bottle in here.
This is all by hand.
I suppose so.
All right.
So this is the blend.

(02:37):
You ready for this craziness?
2000, I'm sorry, 2019 bourbon,
42% four years old, nine months, Tennessee.
2019 bourbon, 18%, five years old, four months,
Minnesota.
2013 Armin Yack, 17%, 11 years French.

(03:01):
2011 Armin Yack, 18%, 13 years French.
And then I just five percent of it
is a 1982 42 year old Armin Yack.
Hahaha.
Holy friholes.
Sounds like they had a whole lot of Armin Yack just.

(03:24):
Yes.
Out of there.
Hoggsworth Mary's America's best bourbon
with exquisite,
used the experience.
You used the Armin Yack before it goes bad.
Yes.
I love it.
You know the other thing I love?
Of the American, the precision.
Not only years, but months.
Right.
Oh.

(03:47):
Pretty.
Yes.
That is a lot.
That is, that is a lot.
That's quite a blend.
Somebody blended that on purpose.
What with that much information?
I hope it was on purpose.
All right.
So 94 proof,
then those comes off 94 proof.

(04:10):
It, there's a, there's a tinge there, right?
A little bit.
But it's,
yeah, yeah, yeah, yeah.
It's not heavily vanilla.
There's hardly any vanilla on the nose.
See, no, on the taste,
there's hardly anybody at all on the taste.
Those legs kind of hang on though.

(04:33):
Yeah.
Boy, do they.
I'm surprised about that only being 94 proof.
Yeah.
Figured they fall much faster than that.
Well, anyway, yeah.
The flavor profile is very difficult to describe.
So there's a dryness to it
that reminds me of Arman Yag.

(04:56):
So it's not like your sweet bourbon, right?
It's kind of dry.
Exactly.
Yeah.
Okay, so there's also a bit of...
Stone fruit.
Well, I was, I was gonna say, Anise.
Oh.
You know, I'm also a super Anise taster.
Yes, you are.
Yes, you are.
Much more so than me.

(05:17):
I really thought you were gonna say stone fruit.
You know what?
I really...
Well, there's some fruit.
There's fruitiness in here too.
Yeah.
Yes.
So let's see.
No, they don't give tasting notes.
I thought that was the next thing you were gonna say.
This is barrel 55 of 98,
blend nine, batch two.
Hey, well, there are the middle.
We got the middle band.
They don't?
Yeah, they don't have tasting notes on it.

(05:39):
So I don't know what I'm supposed to get.
But I think there's fruit, there's Anise, it's dry,
hardly any vanilla.
So it doesn't really remind me of a bourbon.
It's a really interesting finish.
That's kind of a long finish.
And it almost numbs the tongue a little bit.

(06:02):
Yeah, it does.
That's that Anise.
You feel the...
You feel the...
Was that the Kentucky hug as they call it all the way down?
Yes, Kentucky hug.
I'm not all the way down.
Not all the way down.
It's not that one.
I have nothing bad to say about this at all.
Okay.
Nothing.

(06:23):
When you first brought it up,
I thought this was a weird name.
Hogsworth?
I mean, yeah.
Yeah, yeah.
I...
Okay.
Tennessee and Minnesota.
Where?
Where?
WTF.

(06:44):
Yeah, what in the world?
I mean, it's what it is.
No, I'll go for it.
I'll go for it.
And yet it's bottled in Vermont.
Yeah.
So we have Tennessee, Minnesota, France, France,
bottled in Vermont.

(07:06):
Mm-hmm.
Man, I'm telling you that liquor got around.
I guess my question is...
And I also like their age statement, average.
Average.
Weighted, of course.
Yes, weighted.
Yes.
So?
No, they did it right.
They did it right.
It is a weird thing, though.
Like, how do you have a barrel?

(07:28):
I don't understand how you have a barrel
of anything for 42 years.
How does it not all evaporate?
It's in France.
It's really fricking cold, I don't know.
Still wood's porous.
It adds surface area.
Alcohol's more volatile than water.
You would think there wouldn't be anything after 40 years.

(07:50):
That's why it's only 5%.
Because that's all they got out of the barrel?
That's all they got.
5% of the barrel.
That's all they got.
No, I just...
I really don't know.
My initial thought is it was bottled.
Right.
But I mean, that's the only thing that really makes sense.

(08:12):
It is.
But...
I can't imagine anything being in a barrel
for 42 years and being worth anything.
Right.
But if it's bottled, then it's the age statement
of when it was bottled.
Not 42 years, right?
Well, yes.
Okay, so if I made it...
Yeah, no, you're right.

(08:34):
You are 100%.
Okay, I was just wondering if you were trying
to figure out what I meant.
No, I got what you meant.
Okay.
Okay, I do have one not so kind thing to say.
It's got a nice, really heavy glass face.

(08:55):
Oh, but in its taper.
Tapers.
Now, like the taper either.
So it tips.
Yeah, I don't like that either.
They need to make it flat for drunks.
I would agree.
I would agree.
I mean, come on.
42 years.

(09:16):
42 years.
Had to have been in a cellar, wrapped in cellophane.
Somebody...
Floating in a flat.
Yeah, something.
Yes, yes, exactly.
Fluid cellard.
Okay.
Oh, no.
They spilled wax all over the barrel.

(09:37):
They completely coated the barrel with wax accidentally.
Uh-huh.
Yeah.
And then they're just like,
we don't know what to do.
We're just gonna set it off to the side.
And then 42 years later.
Somebody's like...
What the hell is this?
What the hell is this?
They peel off the wax.
They go,
Oh, I think we need some of this.

(09:59):
Bear in mind, this is conjecture.
I'm just spitballing you.
Just for people listening.
I don't know.
Completely conjecture.
All right.
See, yeah.
I'm not saying that's what happened.
I'm saying there is a possibility,
however slight,
that they accidentally spilled wax all over the barrel

(10:21):
for 42 years.
In an infinite universe,
that has happened in infinite number of times.
Thank you.
Thank you.
Somewhere, somewhere in the multiverse, I am correct.
An infinite number of times.
An infinite number of times.
Yeah.
Don't you love probabilities?
That's why Douglas Adam had a probability in.

(10:43):
Yes.
Okay.
I'm pulled that out.
I'm here.
The cigar, we need to get to it.
I need to get to it.
Because I'm already like three quarter inch in.
I'll let mine kind of.
Okay.
Well, I'll tell you right now.
This is a full body cigar, right?
So this is going to be for, you know, whatever you want.
Advanced users only.

(11:05):
I don't know.
So it has a really strong pepper retrohale.
Really strong.
It is peppery.
Go.
So what you're saying is,
go lighter, don't do it.
That's what I'm getting out of it.
Oh yeah.
Oh yeah.
Okay.

(11:26):
Yeah, the cigar is.
To put it mildly on the bold side of life.
Yes.
It is bold.
It's pepper, wood, earth,
but it's firstly pepper.
This is peppery.
Even in the draw.
Everywhere.

(11:49):
Everywhere.
I'm trying to be clear about this bill.
Pepper everywhere.
That was that your take as well.
Do you get the wood in earth more?
Or like me, do you get the pepper?
I kind of get, I kind of get pepper and earth in about equal amounts
with a tiny, tiny little touch of wood at the end.

(12:13):
Forward, I get, I get the pepper in the earth, but
neither one is really more powerful than the other.
It's kind of long, long finish.
Oh, and there's where the wood is.
Got it.
And then it's got long wood finish.
Yes.
Yeah.
Some of the pepper lingers in that finish as well.
Sure.
It's peppery.

(12:34):
But it does.
I mean, it
this
covers the entire inside of your mouth.
Pretty darn quick.
I mean, pretty darn.
Thoroughly, thoroughly.
I like it.
But just to just to be forewarned,

(12:55):
peppery earthwood.
Watch the retrohale.
For me, pepper earth would.
All right.
Is that how you do that?
Audio.
Yeah, I mean, that's how you get across verbally and emoji.
There you go.

(13:17):
Pepper earthwood.
Right.
That's like if you'd drawn wood in lowercase.
Yeah.
Subscript.
There you go.
Oh, how fun.
How fun.
Well, it's not an accident we had an AJ Fernandez today, or one of his

(13:40):
sought after and difficult to find and whatever limited release.
I don't even know what the title is, but you know, charge $22 for nothing.
Yeah.
Yeah.
And it's all.
They had a fire.
Yeah.
So very sad.
Yeah.
We're always sad when some like this happens to our member of our cigar family, not just

(14:03):
a community, but a family.
We hate we really hate seeing things like this, especially with PCA coming up.
Oh, I know.
Everybody lost millions of cigars.
Probably a lot of them slated to be shipped shortly after PCA.
Yeah.
Because they're expected orders and finished.

(14:25):
Right.
Right.
Finished.
So not just not just the leaves, right?
Because it said the leaves were okay.
It happened in the rolling area.
And other parts of the building ravaged.
It was the exact word they used.
This is from half wheel.
But it was it was in a number of places.
Oh, yeah.
Cigar fish and auto.

(14:46):
Yeah.
You name it.
It was it was in you look at any cigar news journal and it's there.
Local reports though, the good news is that they've indicated everyone, including the
company's school, were able to evacuate the building and are safe.
Yeah, that's large place.
Which I believe started at like 10 and wasn't put out until two or something.

(15:11):
It's got a lot of fuel.
It burned for a number of hours.
It's got a lot of fuel.
Yeah.
So the fire appears to be in the packaging department unclear about the rest of the building.
But you know, people have been unloading bales from the building.

(15:32):
And to let you know, they do produce cigars for companies you recognize, not just his
own brand, right?
AJ Fernandez.
Just AJ Fernandez.
But I'll tell this general.
Those are big.
Oh, absolutely huge.
Yeah.
So they're in a sand.

(15:54):
I'm sorry, not sand sand.
Latino factory in Oak Tal about 40 miles north of Estelle.
And it's also known for making the Espinoza premium cigars and the knuckle sandwich cigars.
So yeah, if you get a chance, look around and maybe, you know, send a donation or because

(16:18):
your local cigar shop's probably going to have something, you know, send something
donate.
Something to help out.
At the very least, pick up an extra cigar to an AJ just to show some support.
Yeah.
And if you want to, you can, you could even purchase some and put it in the cigar for

(16:44):
Warriors box.
Yeah.
Always love doing that.
Oh, that is that is a bad news, having such a nice cigar.
But you know, little pain, little joy.
Yeah, makes makes life balanced, I guess.

(17:05):
Yeah, I'm happy they were able to put it out.
It sounded like it was just that one building.
It wasn't all the buildings on that campus, right, which is very good, very, very good.
And as you mentioned, nobody was nobody was hurt during all that.
So good deal there.

(17:27):
But still, you've got to think those companies lost cigars that they were in.
And then they were just intending to immediately ship after PCA.
And now all the work in the PCA is going to be muted by supply chain issues.
And that sucks.
Yeah.
Because this is a big time for them.
Yeah.

(17:48):
Yeah.
And they've been preparing for months for this.
Oh, I'm sure.
Probably since it was announced at least.
So incredibly unfortunate.
So thoughts go out to them.
Hopefully they recover.
Yeah, definitely.
Definitely.
Hopefully they have the stock that they were going to have on hand for PCA.

(18:15):
Hopefully they already have that here in the States.
So that they can still, you know, they can.
At least can sample.
Yeah.
Right.
And nothing's saying you can't still make orders, I would assume.
Yeah.
Depends upon what tobacco is.
Right.
Well, there's also going to be a this won't ship tomorrow.

(18:39):
Yeah.
This is now going to ship in June.
Yeah.
And I mean, we've been through this before.
Everybody's been through this before.
There's been a team.
We get it.
We understand.
And you know, somebody like AJ is going to come back.
Right.
AJ Fernandez is not going to fall because of this.
They still have leaves to make cigars.
Yeah.

(19:00):
They still have people to make cigars.
They still have their supply chain.
They just have to roll more.
Well, they have to.
Yeah.
And I'm sure one of the.
Have to recover those.
They have to absorb those losses.
Yeah.
And there's I mean, there's some.
There's so many equipment in there that's, you know, I'm sure was aged.

(19:23):
Right.
Right.
But I'm sure other cigar manufacturers around the region will, you know, chip in and, you
know, help them likely get through because, you know, the cigar industry does that.
They do indeed.
So that's good.
Like Darryl said, our, our, our thoughts go out to those in the family and those that,

(19:51):
you know, have their.
You know, living there.
And, you know, living there.
Yeah.
So there we go.
All right.
On to better news.
Wasn't that long ago that we were talking about how.
Huang of NVIDIA Jensen, who had said that.

(20:15):
Oh, the quantum computing is 10, 15 years away.
And then yes.
A lot of quantum stocks went down quite a bit.
Yes.
And now he's walking it back basically because I don't think he, because, you know, in a
sense, that is a manipulation of the market.
In a sense, it's just his opinion.

(20:36):
But if he's got exposure, blah, blah, blah, blah, blah.
Anyway, we don't know the problems.
And he's putting me's putting his own company.
Right.
Is going into.
Right.
So, I mean, yeah, a lot of a little bit of weirdness there.

(20:57):
But not only is he walking it back, he's doing it on stage.
Yep.
Yeah.
So that's what this article is.
And this particular one came from fierce electronics.
And it's called from bear to bull quantum execs help on.
Reignite the hype.
So they got 14 quantum computing executives on a panel to sit down and chitty chat.

(21:26):
And you've got what they call a fairly illuminating three part two hour argument for why quantum
computing is important, what useful means and how classical and quantum computers will
coexist.
And this is interesting.
I'm not going to name all the names, but I will name the four 14 companies and mostly

(21:49):
because I'm not sure how to pronounce most of the names.
But I get some of that.
Yeah.
D wave was there.
Adam computing is there.
CQC is there.
Microsoft is there.
Pascal is there.
Inflection is there.
Q error computing is there.

(22:11):
Hang on, let's spell out some of these for folks in case they want to go look them up.
We'll also include it on the article.
But D wave is D.
Hifen wave.
Adam is just Adam computing.
CQC is S E E Q C. Of course, Microsoft Pascal, you can get inflection is I N F L E Q T I O

(22:38):
N.
Everything just better.
Everything has to have a Q in it because we're talking about quantum, right?
Then there was a Q era computing, which is Q U E R A.
Si quantum.
That's how I pronounce it, which is P S I quantum.
I on Q, which is I O N Q.

(23:02):
Quantum, or quantum, however you want to say it, which is two M's like almost like
continuum.
Quantum circuits, quantum technologies.
A W S.
Rajetti, which is R I G T T I.

(23:23):
Alice and Bob.
And I had not heard it.
I had not heard of that either.
I guess that's it.
One, two, three, four, five, six, eight, nine, two, nine, two, nine, two.
They basically all sat around and answered questions and as they said, gave an argument
to why computing is important.

(23:47):
Now what's interesting is that, you know, I'm sitting here looking at this list and I
had stock in D-Wave, IONQ, Quantum Knowledge Games for Jetty.

(24:12):
And for the longest time they were flat.
And then they started going up, of course, after I sold them.
Well, they weren't doing anything.
I wanted to change those funds into something that was doing something.
And then they started going up.
It's like, ah, should I hold on to it for another year?
Anyway.

(24:33):
So he had the answer.
He had the answer for his statement that quantum computers are still 20 years away.
Even I didn't believe that.
I'm like, no, I'm seeing him move pretty fast.
But I don't know.
He's more on the inside.
He should know, right?
Yeah.
But he opened what they called Quantum Day, which was an NVIDIA event, by walking back that

(25:00):
comment partway.
So he said, I'm a public company CEO.
And every so often somebody asked me a question.
And most of the time I'm going to lower the bar here and say something right.
And sometimes comes out wrong.
Somebody asked me how long before a quantum computer would be useful.
And remember, this is from somebody who's built a computing platform, and to me, building

(25:24):
NVIDIA and building CUDA and turning it into the computing platform that is today is taking
us over 20 years.
So the timeline of 5, 10, 15, 20 is really nothing to me.
Right?
So that's, I guess, how he opened.
If you quantify it by, but if the, I'm not going to second guess the man, but it useful

(25:55):
and common on your desktop or two different things.
Yeah.
But I mean, GPUs were useful for video.
Yeah, for 30 years more.
But really didn't have anything to do with AI until 30 years later.

(26:20):
So I mean, at least 20 years later.
So yeah, I kind of, I kind of get it.
He probably could have gone away with saying, I didn't mean that they wouldn't be useful
for 20 more years.
I meant just like the mainframes of the days of your, they came out first and nobody else
touched them, but a few people, they didn't become desktops.

(26:44):
We had these mainframes from the 50s and 60s.
They become common in a person's home.
Right after World War II.
Until the, until the 80s.
Yep.
So he could have probably said that.
He's like, but he didn't exactly say that.
So.
Yeah.
And you know, I kind of think with, with quantum computing, we might wind up with, you know,

(27:12):
we might wind up with mainframes again.
That's kind of where we're going with all this cloud stuff.
Yeah.
Right.
It's not, it's not taking care of on your system.
You're using right for lack of a better frame.
You have a domain frame.
Right.
Tell me terminals sit in front of you to do the stuff.

(27:33):
So you know, I don't know to take it from where it is now to something that is in your
pocket or, you know, are on your desktop.
Yeah.
That probably will be 20 years.
But that kind of blanket statement like that kind of kind of belies the fact that it, they

(27:59):
are making huge strides in such a short amount of time.
Yeah.
And, and that, you know, that they are starting to be able to do things with it.
So yeah.
I get both sides.
Here's what, here's a statement I thought was funny.

(28:21):
He says, when I said the answer, the next day I discovered that several company stocks,
apparently the whole industry stock went down 60%.
And my first reaction was I didn't know they were public.
And I was like, what?
I could even know that.
I've had them for a while.
That seems like a very weird statement.
Yeah.

(28:42):
Yeah.
Yeah.
That was kind of a weird statement.
But I don't know.
I think quantum computing has, I mean, it's got, it does have such a long way to go.
Oh, sure.

(29:03):
But it, but like we just talked about, it did solve a problem.
Yes.
It's already solved the problem.
It's already solved the problem.
It's just, and it's kind of happened this way, right?
The computers that took up a room solved problems.

(29:28):
But it wasn't for mass consumption.
And these really aren't for mass consumption.
Yeah.
And, okay.
It may take 20 years before, you know, you could just go to a computer store and buy one
or purchase one online.
Sure.
But they'll still be useful.

(29:49):
They'll still be doing things that are useful.
So I think it's the quantification that it gave.
Yeah.
That's the, what really is the thing.
But it was good that, I mean, if you're going to kind of recant your statement or try to
undo your statement, getting 14 heads to sit on a board with you, even though you tanked

(30:18):
some of their stocks.
Well this is a great, this is a grand apology.
Yeah.
And they're definitely going to show up because they want the platform.
This man says anything and everyone listens.
Everyone's paying attention to Nvidia.
So he gave them the same platform that his voice hurt them with to help them back again.

(30:39):
So of course they're not going to be mad at them.
They're going to, well they might be mad at them, but they're not going to turn it down
in a huff.
Yeah, no, no, no.
They're going to go, yes, please put us on stage so we can say, no, no, no, we're doing
much better than that.
Yeah.
Yeah.
And they are.
They really are.
They really are.
So I guess they, they talked about the evolution to a useful stage and how you might deem a

(31:07):
useful stage.
Yeah.
Now personally, it solved one problem, the one we talked about on the show.
And there, it's already useful.
That was something nobody else could have solved ever, ever, never without quantum computing
speeds.
And somebody else has developed a metrics for a new type of material.

(31:33):
Yeah.
Using quantum computing.
So it's, it is being useful and it's being useful.
Cannot argue with that.
No, I don't know that they said anything about timeline, right?
They didn't go on and say, no, it's definitely going to happen, you know, X. So that I did

(31:58):
not see anywhere in here.
But like I said, you don't have to describe useful to me.
If you can tell where every atom is in a structure by brute forcing it through in 20
minutes, it would take million years, right?

(32:19):
There's usefulness.
And you can redo that with enzymes and proteins.
Enzyme and protein folding is some of the most difficult thing to do.
And you know, if you remember, we also had one about that, how, you know, after having
to do an X-ray crystallography on each one manually, it's going to take forever to do

(32:41):
it.
And then we mapped them all out in three years when, when we got the right computer simulation.
Well, now we can brute force anything in that same arena, right?
So now we should be so quickly, we should be able to map out a structure in your body
and then map out the perfect drug that would go into it.

(33:03):
And then it should be able to describe with every atomic bond exactly what that would
look like.
That's going to happen.
And it's not going to take long.
Quantum computing will change the way we see every aspect of the world.
Every aspect of physical science, every aspect of theoretical science, it will change.

(33:32):
The instrumentation that we use, right?
Oh, absolutely.
So all the computers that go on to tools, detectors, infrared, UVViz, GC, MS, all these
chemical, you know, protein, all these things that have a computer that does some processing

(33:54):
behind the scenes, it's going to do it even better.
And arguably it could figure out how to integrate, which we've been trying to do, right?
Integrate a tissue with computers, right?

(34:18):
Make an actual neural network.
It'll be astounding.
We know the guy that had the...
And we'll live to see some of it.
The guy that had the neural net or the neural link put in his brain, he's a year in now.
And he said, they had a communication problem and they had to redo a couple of things.

(34:40):
But he's like, no complications.
It's great.
So I don't know what they paid him for that.
I've got a few questions about all that.
And just like it worked, I try to tell people, don't hard code anything.

(35:06):
Make it all configurable.
Because you never know when you're going to need to change.
And some of these things, you don't want to get into the code and change.
You just want to change a configuration and have it do its thing.
Hopefully the brain implant is that way.
Just saying.
I'm just saying.

(35:27):
Yeah.
Make it re-rideable.
Yeah, I kind of wonder why some of these industries don't fund themselves by going out and finding
every single name the black chain coin left in existence and capturing them.

(35:48):
How long do you think it would really take them to solve every permutation of the remaining
black chains?
Whoa.
Yeah.
Yeah.
I hadn't thought about that.
Really?
No.
You would essentially discover that would end blockchain technology.

(36:10):
You would have to redevelop it using quantum computing.
You would have to redevelop it so that you couldn't do it that fast.
Yes, because with quantum computing, you could find it today.
You could find them all right now.
Yeah.
And then they'd all be defined.
Done.
I mean, you just distribute them.

(36:32):
And what?
Is it part of it?
They're the overtime release?
Right?
Time delayed release.
So in other words, creating demand for the supply.
Yeah, you don't want to dump everything right up front.

(36:53):
I'll see why not.
We do that with cash.
Don't we don't?
Sure we do.
Don't.
I mean, we make whatever we need.
It's called a reserve for a reason.
Don't we just say we have our much money we want to have?
Well, fiat money, yes.
Absolutely.
So they're just making it whenever they need it.

(37:16):
I don't know.
So if you have, but the more you have, the more the lutes with more physical type of
money.
But it will it will.
So any particular blockchain like say Bitcoin will peter out and there you'll find the last
one, right?
So they'll all be out there.
Then the confidence in the coin comes from the confidence in the blockchain and the prevalence

(37:41):
of the coin's usage in the finite amount.
Right.
So it doesn't matter if you find them all at once.
As long as the person who founds it and manages it has the, I don't know, credibility, right?
Because money is about credibility.
But now you have, but conceivably you now have all those coins in one person's hands.

(38:14):
And that was not the intent.
That was maybe not the intent, right?
Of the blockchain.
Sure.
So why would you want that to happen?
So just like US currency, the US owns all the currency.
It's distributed when they buy things.
We do not, we unlike China, we do not price fix.

(38:36):
We do not artificially inflate the cost.
Right.
So if somebody has all the blockchain, all the coins, they could do that.
Right.
But there's still limited number of coins.
But whereas the US keeps making money, there's no end, right?
But if somebody finds all of them, they may wind up being worthless because nobody else

(39:03):
will want them.
So that's why it's the owners, whoever owns the blockchain, like say, AWS,
creates AWS coin.
And they're all discovered.
They created them all.
And they go, we will trade you discovered, discovered over time.

(39:24):
Why is that not in the same day?
Why is that important?
We released it.
Somebody discovered them all the same day.
They now own all of them.
Yes.
And now they trade them.
It's no longer distributed.
Whereas all the blockchains that have been released up till now are distributed.
Right.
No.
Okay.
And why is that important?
Anybody can book that's part of developing the confidence in it.

(39:52):
The confidence comes from the company itself, AWS, big company.
They're going to stand behind their coins.
So like the Euro was made all at once suddenly because you had confidence in all of Europe.
It comes from the confidence, not the limit or the trickling out.

(40:16):
So now only large companies.
So after this, only large companies and governments can come out with.
Not necessarily.
Yes.
Yes.
By your very statement.
Yes.
They can have confidence in anything.
So like for instance, people aren't going to.
How long did it take for the general populace to have confidence in Bitcoin?

(40:37):
A long time.
Long time.
But how quick did that come for Ethereum real fast?
So let's just say you got like Trump made a coin.
Now it tanked hard, but that's not the point.
The point is that's how most of them work.
And it's how most of them work.
Like Kardashian.

(40:58):
You don't think they could make a coin and then use it for something and you could make
your own.
The technology is out there.
You can make your own and it comes from just like an IOU.
Like if I wrote you an IOU, what's that really worth?
Who wants it?
Who cares?
Well, okay.

(41:19):
Let me.
It's your confidence in me that you accept the IOU.
Let me tell you this.
If somebody says, hey, I want to pay you in a Bitcoin that you've never heard of, would
you accept it?
It depends.
I think that would destabilize the market for that coin more than it would help stabilize.

(41:46):
I think it's the diversity of ownership of it that makes it worth what it is.
So that makes the confidence in what it is.
We've done this before though.
Somebody doing here it is.
We've done this before.

(42:08):
Companies used to do this all the time back in the 70s and earlier.
They would make something that was whatever, a shell certificate.
You bought 20 gallons of gas.
You got 10% in shell dollars.
And then you could spend that.
Companies did this and it was just their money, but it was just basically a coupon that they

(42:32):
distributed.
Yeah.
Yes.
What means of distribution?
Same thing.
If you want, okay, can it work for AWS?
Can it work for any large corporation or large government?
Yes, it can work.
Right.
In the same way that Argentina's coins don't work, but Europe's coins do work or the yen

(42:59):
works or whatever.
It comes from the confidence in the company.
In this case, these companies are and have been traditionally governments because people
need a form within their state, you know, city to, you know, transmit goods.
But there's no reason it couldn't be anything as long as you're willing to accept it and

(43:20):
it has an exchange rate.
Would you be willing to accept something you've never heard of?
Nope.
Maybe not.
But then it gets more and more common as some people do.
Think about when Discover was made.
You had MasterCard, you had Visa, you had all these cards.
Discover comes along.
Who's Discover?
A lot of places weren't taken Discover.

(43:41):
Yep.
Well, now they do.
Now they do.
No, sometimes people don't because they have such a high interest or high not interest.
Have such a high charge rate.
High fee.
Yeah.
But American Express.
But you, you can come in and what did Discover really have?
Backers.
They used to have backers with other money.

(44:02):
Yes.
That's it.
And it means the distribution.
Yeah.
So if you're going to go out and mine all the coins, all the coins of some type of blockchain.
Right.
And you're going to do it all.
And you're going to distribute them.
You better have a plan for distribution.
Otherwise.
Of course.
You've just wasted your money.
You've just wasted your computing time creating it.

(44:25):
Yes.
There's a lot of them out there like that already.
I just don't.
I don't like the idea.
I think that if you once quantum computing gets to such a place, it's going to take something
generated using quantum computing to slow it down and make it worthwhile.

(44:52):
I mean, make it worthwhile for you to go discover it and to go get it.
So that's not to make it worthwhile for the general populace to use it as a means of exchange
for goods and services.
It has to be a confidence.
That's all I'm saying.
However you get it.
Yeah.
There it is.

(45:13):
I don't see you.
Okay.
Yeah.
I mean, like just like even eBay, how much confidence that I have.
You keep saying it.
I don't even know.
This is something.
This is something that we disagree on.
Yeah.
That almost never happens.
Yeah.
It's true.
It's true.
I don't think it would ruin it.
I think it would change the way people care about them in that they wouldn't because there's

(45:37):
no free dollar to go find.
But it could still, it's still a means of exchange whether you found it or not.
Well, okay.
Finding the coins isn't all of it though.
If you have quantum computing available for things that aren't like Bitcoin and Ethereum,

(46:01):
that aren't, that are good at the algorithm not being able to be, things not being able
to be hacked by current modern computing, but can be with quantum computing, then lose
their value.
So you have to have, you have to have those coins created with quantum computing so that

(46:29):
quantum computing can't just break it.
Well, so the security in the black chain is that all of them have to agree at once.
So you could hack it possibly with a quantum computer if you hacked all of them at once
and made an adjustment.
Yes.
So, and that could happen.
They're going to power there to maybe do that.

(46:51):
That's a lot of hacking.
Or you don't even have to do that.
All you have to do is hack into the major corporations that hold them for you.
That's possible too.
And stealing.
Yeah.
In which case they become worthless.
Well, so that happened with Bitcoin, right?

(47:12):
Somebody stole what was a hundred and some odd thousand Bitcoin?
Yeah, a lot of them.
And through consensus, they just backed it up to before that happened and restarted.
Yeah.
Remember?
Yes.
So, I mean, there's options, but quantum computing, as you said, will change everything.

(47:35):
It will change the way you think about them because now you can't go discovering.
It's not like the gold rush in California.
There's no gold to be found.
And now they're distributing the gold.
And they're saying, well, let's use this gold instead of that gold.
And you go, and then it just comes down to whether you're willing to do that or not.
Yeah.

(47:56):
I think people require, like you said, it's all about the confidence.
And I think people require a little bit more confidence than what would come from just
blam.
Yeah.
You know, we got taken away and we didn't do our mid-day.
Yeah, we didn't do our old fashions.

(48:19):
Why don't we do that now before it's too late?
Okay.
All right.
Let's do that.
Check out our website, cigarslickerandmore.com, for more of our podcasts, blogs, and support
the show by shopping from our online store.
Contact us through the website or Instagram and let us know what cigars and liquor you

(48:41):
want us to review.
Anything else you'd like us to talk about.
And don't forget to check the online store for free swag.
The website is cigarslickerandmore.com.
Connect with us on Instagram at cigarslickerandmore at cigardarryl and at bill underscore
CLN.
All right.
We're back with old fashions in hand.

(49:07):
Let's see what the hogsworth does in an old fashion.
I like the smell.
I want this in bracket play.
That does.
You like the cinnamon?
That does good.
That's a lot of cinnamon.
And that's what that flavor is.
Yeah.
Yeah, it's a super cinnamon.
Oh, that's fun.

(49:29):
That is fun.
This should just be put in old fashions.
That turned out pretty good.
That is a great old fashion.
Cinnamon and orange.
I love the orange popping through too.
Oh, that is a great old.
This may be my favorite old fashion in quite a while.
Turns out Armaniac works.

(49:51):
Mmm.
That is good.
Yeah, it is stunning.
Look at how fast I downed it.
Obviously I'm doing the good.
Oh, man.
Okay.
What an upside surprise.
Absolutely.
I got to write this down.
Damn.
That's definitely bracket play.
Oh, man.
How much fun was that?

(50:14):
That was quite surprising.
Orange and cinnamon just come flooding in.
That's awesome.
And that tart right at the end?
Yeah.
Very nice.
Oh, it wasn't even like so tart that you're like, it was just like, oh, no.
It was really sweet up front with cinnamon and orange and then a little tart in the finish.

(50:36):
Oh, that.
Now I just got to make sure I make it the same way every time.
Without being a candy old fashion, after the fact, it gives you the feeling of a candy.
It does.
You could have a ton of those.
But it's not like what we describe as a candy old fashion.
Yep.
And 94 is a good proof for an old fashion mix.

(50:59):
Yeah.
Oh, nice.
Wow.
Yeah.
I had not made an old fashion with that before.
You have now.
Oh, that was great.
So that's already going to be a tough.
I can tell right now that's going to be a tough one to be.
I have a feeling now it's one of the next Bragg of play.
I've never had one like that.

(51:20):
Not since the old granddad won 14.
So you got a orange?
Yeah.
Yeah.
That old granddad in an old fashion was fabulous.
But that's four years ago.
That's how long it's been since I've had that good of an old fashion.
It's been a while.
Oh, my goodness.
That has been a while.
What a great discovery.
OK.
Now on to the cigar.

(51:42):
Midpoint.
You know, it just, this is the second one I've had in as many weeks.
And it did kind of the same thing for me this time too.
And I know it's me getting accustomed to it.
It's me changing.
And in the first inch, inch and a half, I'm like, whoa, this is so much.

(52:03):
And then it settles in and just really, then it doesn't come off as strong anymore.
No, it still has that mouth coating.
If you don't rinse it, that mouth coating builds.
And that retrohale is still strong.
But the whole thing comes down quite a bit.
A whole time you've been doing retrohales that you've been talking about, your retrohales.

(52:26):
I've never heard you say, oh, the retrohale changed.
Well, this one's still peppery.
I don't know.
The retrohale didn't change.
Everything else kind of mellowed and got a little more rich.
So instead of being like in your face, pepper and wood and earth, now you get more of that

(52:48):
wood and earth pleasantly with a peppery retrohale.
Okay.
Well, I'm not doing a retrohale on this as I mostly don't do anyway.
For me, the pepper is a little less strong on the draw.

(53:11):
And I get a lot more of the earth than I got before and the wood has come through a little
bit more.
I attribute that not to a change in the cigar, but me getting used to the pepper.
Right.
Same.
So, boom.
I still, I like this cigar.
I still like the wood finish.
It's a nice wood finish and it hangs around for a long time.

(53:35):
This cigar does have a long finish.
And even though it cuts the mouth, it doesn't put that in the back of the throat, which is
so nice.
Yeah, no, it doesn't.
No, it doesn't.
So it doesn't do that, which is very nice.
Because I've had, I've had, I've had them to do that.
Yeah.
But just as you said at the beginning, this is not what you want to hand to a newbie.

(53:58):
No, probably not.
In the cigar world sheds.
I mean, I really, I wouldn't do it.
No, not at $22.
Well, definitely not $22.
But even if this was a $10 stick, I wouldn't do it.
Right.
Yeah.
Me neither.
Because I don't want to, I don't want to hurt somebody away from.
Right.

(54:19):
Cigars.
Right.
I want to bring them into the fold.
Yeah.
Come on in.
We have cigars and liquor.
Back to cookies.
We got cigars and liquor.
Yeah, I'll say that.
Yeah.
Cookies and liquor don't go quite as well.
What about chocolate chip?

(54:41):
What kind of liquor?
Well, I would, I would go out on a limb and say not this one.
Okay.
I would too.
But you know, ugly, I think something, I think something like a, like a old number
seven that has kind of a really, yeah.
Right.
Because it's more, it's more sour.

(55:03):
It has a nutty component.
Yeah.
You have that with.
But it's, it's, it's more sour to go with the sweet of the cookie.
That was my thought.
Yeah.
I'm going to stick with my first one.
It's just put the cigars with the liquor, not the cookies.
Put the cookies with the milk.
I don't like that.

(55:24):
You don't like dipping cookies?
Yeah.
No, really.
Not even Oreos?
No.
Really?
No.
I do not dip any of my food in liquid because it changes the consistency.
What about bread and the soup?
No.
Oh my God.
I don't want the change in bread and the soup.

(55:47):
No.
Crackers.
Yes.
Wait.
No.
Okay.
But when I put, when I put, it's a moisture level of the bread that torments you.
When I put, when I break up crackers and I put it in the soup, I only put a little
bit and eat it right away before it really changes the consistency of the cracker.

(56:09):
You can do that with bread too.
Just dip it and then eat it.
It absorbs too quick.
But if it's like a sourdough, it's like real.
So you do, you, you put cake and ice cream on the same plate, don't you?
Sure.
I do not care if the cake gets a little mushy at the bottom.
I do.
I don't want it that way.
I, I like cake because I like it the way it is.

(56:33):
And you keep your pizza way from the mashed potatoes too.
Because I actually put pizza in mashed potatoes.
Okay.
Okay.
Thank God.
I found something.
And corn.
I do the same.
Okay.
Okay.
Thank God.
Potatoes and peas and corn don't change when you mix them together.
I see.

(56:54):
Aha.
Consistency.
Because there's a shell on the pea.
Yes.
Okay.
Consistency doesn't change.
Okay.
But bread cake, which is sweet bread.
Yeah.
Do you like trace leches cake?
Have you ever had trace leches?
I don't think so.
Oh.
Is it a mushy cake?

(57:15):
Yeah.
I'm like, that's just like having the ice cream in your cake.
Did the answer serve to you that way?
No.
No.
It's good.
All right.
Although that was more like a good point.
It was actually more like a final third.
Yeah.

(57:36):
It wasn't.
You know how you know I'm going to harp on this for a moment.
You know how there are certain people that don't like their food touching?
Yes.
It doesn't matter.
I know that's you.
It doesn't matter if it changes consistency.
That's you.
No.
No.
No.
I'm just fine with my food touching.
Okay.
It's not liquid.
Okay.
I want the liquid touching other food.
Okay.

(57:57):
So that's why soup is out.
I don't want to change the consistency.
I eat soup, but when I eat soup, I only eat soup.
I don't add something to change the consistency.
Okay.
I know.
I'm weird.
Well, let's figure out where we're going to rank these things.
Because we've got some rankings to do.

(58:18):
Oh, man.
Oh, man.
Well, I've got mine.
I've got mine already.
I think I know where I'm going to put mine.
Yep.
Yep.
Oh, that was harsh.
That was harsh.
What I just did.
Was it?

(58:39):
Okay.
Was harsh.
Really?
Okay, all right.
Let's see where Bill put his.
All right.
So we now have.
Whoa, Bill.
Like the cigar.
Can you can you tell?
Bill, put the armada in the number three spot number three.

(59:00):
So that bumps out King's gold,
James Gold from the top three.
Of all things.
Yeah.
Kings Gold.
But it still puts our top five as the part of this heritage.
Number five, the Evincura Kings Gold.
Number four, the Man of War Armada.
Number three, the Evincura Blue Eyed Jax Revenge.

(59:26):
Number two, and Perdomo 20th Anniversary.
Maduro.
Number one.
Number one.
Nice.
Okay.
And you put the Hogsworth in the number 10 slot, right, between the right below the Rebel
Yell 100, Rhy 16, and just above the trail's end.

(59:51):
Yes.
So I can't argue with that slotting, not at all.
Doesn't come as a surprise to me.
I agree with that one.
For the Lickers, top five.
And the number five slot with the Wild Turkey 101.
Russell reserves single barrel 55.

(01:00:13):
And the number four, which is 110 proof.
The lineage, about Coni's lineage.
And number three, the 1845 Preemption Reserve Cask.
And the number two, and still number one, Remus.
Volume eight.
Mm.
That's it.
But it's nice, nice.
Gots to love it.

(01:00:35):
Okay.
I know, I know that I have expressed my very sincere love for the Kings Gold.
Oh, yeah.
Yep.
But I gotta tell you, I really like this cigar.
Nice.

(01:00:56):
I'm glad.
The boldness that we got right up front did not scare me away at all because of the earth.
Mm-hmm.
I liked the earth.
Oh, yeah.
It's earthy.
Yeah.
Yeah.
You know, when we started smoking cigars together, right, because you really, you really introduced

(01:01:22):
me into a cigars as a means of, you know, relaxing by sitting on a porch.
Right.
So there is no way at that point in time that I think I would really enjoy a cigar like
this.
That was a while ago.
But I knew now.
I was quite a while ago.

(01:01:44):
But I think, I think all the cigars that we have gone through has just, has made it possible
for me to not necessarily have a favorite.
Right.
It's made it possible for me to enjoy just about any cigar I get or I'm handed.

(01:02:10):
Right.
And I think that makes me a better person.
The second I say I have a favorite, then somebody will mention, or I'll think of something
else.
Yeah.
And I'll be, oh, that one's really good too.
That one's also my favorite.
Or you don't want a pile of favorites.
Yeah.
It's a favorite list, not a favorite one.

(01:02:31):
Right.
And when you, when you have a cigar, you haven't had in a year or two, you're like,
oh man, forgot how much I love this thing, right?
AKA the diesel.
Exactly.
We hadn't had that in a long time.
Long time.
So kick a ass.
Indeed.
All right, man.
I feel better.
Yeah.

(01:02:52):
Ooh.
I did not expect you to put down the number three spot.
I didn't expect I was going to on.
But I did.
Yeah.
I didn't really think about the ranking until you, you're like, it's time for ranking.
And I, I look at it.
You're like, oh fuck.
I got a rank.
And I'm going, yeah.
Yeah.
Yeah.

(01:03:13):
I'm scrolling up.
Yeah.
Yeah.
Yeah.
Yeah.
Oh, really?
I'm going to surprise myself on that one.
And that, you know, and I, I said, it's really disappointing for one cigar.
The king's gold.
Well, and another 10 below it.
Okay.
Yeah.
But I mean, I thought those top three were going to stay the top three for a lot longer.

(01:03:40):
I did too, actually.
Wow.
What would it take to not talk to Blue Eye Jack?
And another fashion for the bracket play.
We're early into this.
Oh, where that is.
Oh, wait.
We do them side by side.

(01:04:01):
It'll, it'll clarify things, right?
But just having it stand alone.
As usual does.
I've not had one that good.
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