1 00:00:00,040 --> 00:00:01,240 Yo-yo, what up? What up? 2 00:00:01,240 --> 00:00:02,400 Good morning. Good morning. 3 00:00:02,400 --> 00:00:08,000 GMD. Monday, Monday, Monday, Monday, 4 00:00:08,000 --> 00:00:11,440 May 19th, 2025. Look at that. 5 00:00:11,600 --> 00:00:13,880 Another beautiful day. I have a beautiful day. 6 00:00:13,880 --> 00:00:17,840 I got my coats in the house. Tyler, Amanda, good morning. 7 00:00:17,840 --> 00:00:18,720 Good morning. Good morning. 8 00:00:18,720 --> 00:00:19,720 Good morning. How are you doing today? 9 00:00:21,560 --> 00:00:24,000 Hello, I'm doing fantastic. How are you? 10 00:00:25,320 --> 00:00:28,040 I'm good, tired. Tyler, how are you doing today? 11 00:00:28,880 --> 00:00:32,960 I'm good also a little tired so I I don't have the the the 12 00:00:32,960 --> 00:00:36,520 biggest social life these days, but I did go out last night. 13 00:00:36,520 --> 00:00:40,320 I was out out at dinner and I missed all the crazy price 14 00:00:40,320 --> 00:00:43,520 action into clothes, which is probably a good thing because I 15 00:00:43,520 --> 00:00:46,360 would have been euphoric and screaming on the timeline in all 16 00:00:46,360 --> 00:00:49,320 caps. Most like just. 17 00:00:49,320 --> 00:00:51,800 To have on a Sunday night. I like that. 18 00:00:51,960 --> 00:00:53,720 I like that. I can't do Sunday night or else 19 00:00:53,720 --> 00:00:57,720 I'm dead on Monday. I yeah, this consensus week, 20 00:00:58,160 --> 00:01:00,440 that was a lot. That was a lot. 21 00:01:01,280 --> 00:01:03,440 It was a lot. Then we had our event Friday. 22 00:01:04,000 --> 00:01:05,480 How was it? Yeah, we, we had our event on 23 00:01:05,480 --> 00:01:07,320 Friday. It was a banger, but it was like 24 00:01:07,320 --> 00:01:10,520 a 7 hour long event. I'm never doing that again. 25 00:01:10,760 --> 00:01:12,720 Sad to pero though. And other like that was fun. 26 00:01:12,720 --> 00:01:15,920 It was worth it. But we started 3:00 PM so show 27 00:01:15,920 --> 00:01:17,360 up with two blah blah blah. You know what I mean? 28 00:01:17,880 --> 00:01:22,800 And then our event went to like 10/10/30 and then I had to fly 29 00:01:22,800 --> 00:01:24,440 the next day. But it was great. 30 00:01:24,440 --> 00:01:27,200 It was successful. We had over like 34500 people. 31 00:01:27,200 --> 00:01:28,760 I don't even know. We had 2000 signups. 32 00:01:28,760 --> 00:01:30,920 It was the official after party of consensus that we threw. 33 00:01:31,600 --> 00:01:33,960 Yeah. So it was like it was everyone, 34 00:01:33,960 --> 00:01:35,480 everyone was there. It was great. 35 00:01:35,920 --> 00:01:37,000 Shout out to everybody who showed up. 36 00:01:37,000 --> 00:01:38,680 You lot of you are listeners to the show. 37 00:01:38,680 --> 00:01:40,680 So shout out to you guys for for pulling up. 38 00:01:41,080 --> 00:01:43,280 And this week. I'm on the road again on 39 00:01:43,280 --> 00:01:47,560 Wednesday for like 36 hours. Have to go to Solana Accelerate. 40 00:01:48,560 --> 00:01:50,880 Yeah, big week for Solana. Actually. 41 00:01:51,880 --> 00:01:55,320 They have a massive event in New York, like really, really big. 42 00:01:55,320 --> 00:01:57,280 It's impressive. Like a lot of people head in 43 00:01:57,280 --> 00:02:00,240 there. It's a whole week long, but I'm 44 00:02:00,240 --> 00:02:01,960 just going to go for like 2 nights. 45 00:02:02,600 --> 00:02:04,840 But yeah, it's a lot. But we're almost there. 46 00:02:05,280 --> 00:02:07,120 It's usually first half of the year is a lot, then there's 47 00:02:07,120 --> 00:02:11,000 nothing until like September. So so we'll be we'll be over it. 48 00:02:11,000 --> 00:02:13,120 But yeah, consensus was great. I think I told you last week was 49 00:02:13,120 --> 00:02:16,400 super successful and the event went overall amazing and we even 50 00:02:16,400 --> 00:02:20,040 got Drake cardboard cut out appearance at the event. 51 00:02:20,040 --> 00:02:25,840 So you know, you can say Drake showed up, you know anyways, the 52 00:02:25,840 --> 00:02:28,760 other show, I mean, look, Tyler kind of alluded to that yes, 53 00:02:28,920 --> 00:02:31,320 right now, but you know, we're going to go through the market. 54 00:02:31,320 --> 00:02:35,240 What a watching the close last night was like watching Sly 55 00:02:35,240 --> 00:02:36,920 sports. It was so fun. 56 00:02:37,000 --> 00:02:39,360 I just had like the 15 minute charts on Bitcoin. 57 00:02:39,360 --> 00:02:41,240 I was looking at it. Let's go fuck it. 58 00:02:42,120 --> 00:02:44,560 That was fun. Highest weekly close Bitcoin in 59 00:02:44,560 --> 00:02:46,360 history. So that's historical night. 60 00:02:46,360 --> 00:02:48,080 Yes, historical Sunday. So we'll talk about that. 61 00:02:48,440 --> 00:02:51,040 What's next we'll see. I mean are we expecting all time 62 00:02:51,040 --> 00:02:52,520 highs this week? It looks like that's quite 63 00:02:52,520 --> 00:02:56,000 consensus, but we'll see what happens on market side Tyler's 64 00:02:56,000 --> 00:02:59,800 top 100 quite a bit of news yeet giveaway. 65 00:02:59,800 --> 00:03:01,080 So make sure you sign up to yeet.com. 66 00:03:01,080 --> 00:03:02,640 There's going to be a code given during the show. 67 00:03:02,640 --> 00:03:06,600 You go to raffle ball dot XYZ, enter it and you'll be able to, 68 00:03:06,600 --> 00:03:09,360 you know, win some money. We've given away over 20 grand 69 00:03:09,360 --> 00:03:11,600 already, so make sure you sign up to that. 70 00:03:11,600 --> 00:03:14,480 And as usual, our show is powered by wallet connect wallet 71 00:03:14,480 --> 00:03:16,560 connect is a connectivity network shaping the future of 72 00:03:16,560 --> 00:03:19,120 aunt chain UX. If you've connected to Web 3 73 00:03:19,120 --> 00:03:21,600 app, you've seen wallet connect that blue logo, it's everywhere. 74 00:03:21,600 --> 00:03:24,840 An icon to trust in crypto as recognizable as Visa at 75 00:03:24,840 --> 00:03:26,320 checkout. Want to learn more? 76 00:03:26,320 --> 00:03:32,640 Follow Wallet Connect on X and Telegram to stay ahead of What's 77 00:03:32,640 --> 00:03:34,440 next Medal? What's next? 78 00:03:38,600 --> 00:03:45,360 Who is the man back? Oh, daddy of the man, can you 79 00:03:45,360 --> 00:03:47,840 dig it? Yeah, it was a bit of a wild 80 00:03:47,920 --> 00:03:50,600 last 24 hours. I went to bed and I missed all 81 00:03:50,600 --> 00:03:52,160 of it too. But I woke up and the marker was 82 00:03:52,160 --> 00:03:54,440 down. But then I heard it hit 107 83 00:03:55,280 --> 00:03:58,080 briefly on last night. That was the highest weekly ever 84 00:03:58,080 --> 00:04:02,080 closed for Bitcoin. You saw Bitcoin doms as you go 85 00:04:02,080 --> 00:04:06,920 up during this period, mainly because ETH underperformed, 86 00:04:07,000 --> 00:04:11,000 although that's less aggressive now than it was at one point 87 00:04:11,000 --> 00:04:15,160 yesterday. But you have seen most of the L 88 00:04:15,160 --> 00:04:17,120 ones have gone slightly lower today. 89 00:04:17,760 --> 00:04:23,960 Solana is back to 161, ETH is 2435. 90 00:04:23,960 --> 00:04:27,840 Bitcoin is still at 103 K, so Bitcoin hasn't really moved, but 91 00:04:27,840 --> 00:04:30,880 most L ones and alts are down South. 92 00:04:30,880 --> 00:04:34,640 Bitcoin dominance went back up to around 64% over the last over 93 00:04:34,640 --> 00:04:38,000 the last 24 hours, although it's it hasn't pushed on to new highs 94 00:04:38,000 --> 00:04:40,480 from there. So we'll see we'll see where 95 00:04:40,480 --> 00:04:45,000 that one ends up this week. We have an interesting week. 96 00:04:47,120 --> 00:04:50,040 I think the they're still going to see some headlines from this 97 00:04:50,520 --> 00:04:53,320 from this world tour that obviously Trump is doing. 98 00:04:53,320 --> 00:04:56,840 He's come back from the Gulf and a number of different things to 99 00:04:57,040 --> 00:05:01,040 to mention for, for macro actual data, it's not that high. 100 00:05:01,040 --> 00:05:05,000 We just have global Pmis and some some home sales data and 101 00:05:05,000 --> 00:05:09,080 there's been a lot of weakness in the in the housing market in 102 00:05:09,080 --> 00:05:11,240 the US in particular. So that might have some feed 103 00:05:11,240 --> 00:05:13,600 through. The main thing today on macro 104 00:05:13,600 --> 00:05:16,360 has been the downgrade which happened on Friday night from 105 00:05:16,360 --> 00:05:18,520 Moody's. Moody's is a credit rating 106 00:05:18,520 --> 00:05:21,880 agency, probably only heard about them from 2008, but they 107 00:05:21,920 --> 00:05:26,080 they generally give credit. They give a credit rating 108 00:05:26,080 --> 00:05:30,480 essentially that you would get at a bank for for corporates and 109 00:05:30,480 --> 00:05:32,920 for governments. And they downgraded the US from 110 00:05:33,480 --> 00:05:35,720 the highest level to like the second highest level basically. 111 00:05:36,040 --> 00:05:39,240 And the reason for that was just high deficits and high debt. 112 00:05:41,240 --> 00:05:44,040 This did cause a big sell off when this last happened, 113 00:05:44,040 --> 00:05:45,720 although that was slightly linked to COVID. 114 00:05:47,080 --> 00:05:50,400 This this time it's caused a little bit of a sell off. 115 00:05:51,280 --> 00:05:54,560 The main thing has been though that the 10 year again continues 116 00:05:54,560 --> 00:05:58,040 to push higher. So we've got US tenure is now. 117 00:05:58,040 --> 00:06:01,000 Let me look at it now. Yeah, 4.5%. 118 00:06:01,000 --> 00:06:05,120 So we're heading back higher. 30 year is comfortably above 5% 119 00:06:05,120 --> 00:06:07,840 too. So all this hope of lower rates 120 00:06:08,440 --> 00:06:13,840 with fiscal prudence, let's say seems to be a bit behind at the 121 00:06:13,840 --> 00:06:17,320 moment, which has gone people a little bit bearish, but don't 122 00:06:17,320 --> 00:06:18,600 like it when bond yields go higher. 123 00:06:18,600 --> 00:06:21,200 And bond yields have been going higher in pretty much every 124 00:06:22,680 --> 00:06:26,480 every geography too. So this is sometimes not a great 125 00:06:26,480 --> 00:06:29,600 scenario. You can't read that much into 126 00:06:29,600 --> 00:06:31,720 it. But yeah, if one yields go up to 127 00:06:31,720 --> 00:06:35,160 like 5 or 6%, then it would be worrying. 128 00:06:35,200 --> 00:06:38,120 I would say at least for like the fiscal situation in the US, 129 00:06:38,120 --> 00:06:40,680 their ability to actually fund things would be would be 130 00:06:40,680 --> 00:06:44,280 definitely impacted if that was to was to was continue to 131 00:06:44,280 --> 00:06:47,400 continue Japan similarly as having a bunch of it's one 132 00:06:47,400 --> 00:06:51,920 yields go to multi years highs at the moment, which isn't isn't 133 00:06:51,920 --> 00:06:56,560 the best look for for Bitcoin for everything else. 134 00:06:56,720 --> 00:06:59,280 We've had a few more corporates come out and say they're going 135 00:06:59,280 --> 00:07:01,040 to buy Bitcoin. There's a corporate that came 136 00:07:01,040 --> 00:07:03,600 out thousand more group, so they're going to buy a billion 137 00:07:03,600 --> 00:07:05,800 dollars of Bitcoin. And you? 138 00:07:05,800 --> 00:07:11,600 Have metaplanet by another 104 million, which is a good a good 139 00:07:11,600 --> 00:07:18,320 sign and but for for the other ones, the only real sole 140 00:07:18,320 --> 00:07:20,680 headline, the biggest sole headline was at Metamask. 141 00:07:20,680 --> 00:07:24,800 It looks like they're about to support Solana from this month 142 00:07:25,360 --> 00:07:26,320 well. There's going to be a lot of 143 00:07:26,320 --> 00:07:27,640 headlines this week for Solana, right? 144 00:07:27,640 --> 00:07:30,640 It's like their their big week. Yeah, it's like their break 145 00:07:30,640 --> 00:07:32,600 point, but in in New York this time. 146 00:07:33,200 --> 00:07:35,280 Yeah, this is their. This is their big week for 147 00:07:35,280 --> 00:07:37,240 announcements. Yeah, so. 148 00:07:37,240 --> 00:07:39,160 And they always make sure to have some, right? 149 00:07:40,360 --> 00:07:41,560 Yeah. And then hopefully they get 150 00:07:41,560 --> 00:07:46,280 taken well this time. Yeah, feels as though it's 151 00:07:46,320 --> 00:07:50,080 underperformed largely it's Lana here, so hopefully it has some 152 00:07:50,080 --> 00:07:53,560 room for like good headlines lead to outperformance for a 153 00:07:53,560 --> 00:07:56,760 little bit. Big winners over the weekend. 154 00:07:57,520 --> 00:08:00,600 It's the same ones really. Kaito is still doing really 155 00:08:00,600 --> 00:08:03,560 well. Head still around $2.00 there. 156 00:08:03,560 --> 00:08:09,000 Virtuals has had a good well staying strong in the in the AI 157 00:08:09,000 --> 00:08:11,000 ecosystem. Most other things took a bit of 158 00:08:11,000 --> 00:08:16,720 a bath and in meme coins. Definitely got a bunch of meme 159 00:08:16,720 --> 00:08:19,720 coins that didn't have a great weekend I would say. 160 00:08:20,840 --> 00:08:22,080 Or at least like treading warfare. 161 00:08:23,360 --> 00:08:25,800 I think mainly that's just general altcoins 162 00:08:25,800 --> 00:08:27,200 underperforming. Yeah. 163 00:08:27,800 --> 00:08:34,080 I suppose that, but yeah, I'm still bullish red coin. 164 00:08:34,080 --> 00:08:36,400 Actually, it's probably been the genuinely has been the best 165 00:08:36,400 --> 00:08:40,960 performing altcoin meme coin. Of it looks they kill this it 166 00:08:40,960 --> 00:08:43,679 actually looks insane. This is insane. 167 00:08:43,679 --> 00:08:46,080 I I saw that right before the show too, by the way, I was like 168 00:08:46,080 --> 00:08:50,520 what the fuck is this like this is nuts Yeah, like it's just 169 00:08:50,520 --> 00:08:55,440 ready to I mean I'm assuming obviously we're all back bias 170 00:08:55,440 --> 00:08:59,400 here, but I'm assuming a push all time high next right so 171 00:08:59,400 --> 00:09:01,120 here's. Hoping here's. 172 00:09:01,960 --> 00:09:04,120 Hoping, yeah, here's here's the hoping. 173 00:09:04,320 --> 00:09:07,360 You know, I think I would love that. 174 00:09:07,600 --> 00:09:10,600 I would definitely love to see that at a billion dollars. 175 00:09:11,720 --> 00:09:15,360 Anyways, he's got a new flavor coming out. 176 00:09:15,360 --> 00:09:17,680 What do you guys think it is? It's it's weird because it's the 177 00:09:17,680 --> 00:09:22,680 same color as Coinbase open sea and circle. 178 00:09:23,720 --> 00:09:26,920 So he's playing mind games here with people, you know what I 179 00:09:26,920 --> 00:09:29,600 mean? He's like, he's like trying to 180 00:09:29,600 --> 00:09:31,240 see what what flavor do you guys think it is? 181 00:09:31,760 --> 00:09:35,400 Mendo knows, but actually I think I know too. 182 00:09:36,600 --> 00:09:39,760 I mean, it seems like base is like somehow sometime in the 183 00:09:39,760 --> 00:09:42,640 base seems obvious, I guess the base Berry. 184 00:09:43,480 --> 00:09:47,960 But Burn laid out the case for just base and then it's not 185 00:09:47,960 --> 00:09:50,840 going to be flavored. It's just going to be pure 186 00:09:50,840 --> 00:09:52,840 sparkling water, which is interesting. 187 00:09:53,240 --> 00:09:55,040 Interesting theory. I got to give him credit for 188 00:09:55,040 --> 00:09:59,400 that. Yeah, it's, it's going to be 189 00:09:59,400 --> 00:10:01,000 interesting. Anyways, that's a good roundup 190 00:10:01,000 --> 00:10:06,240 man though timeline I was going to say consensus was all time 191 00:10:06,240 --> 00:10:07,560 high but after last. Night. 192 00:10:08,000 --> 00:10:10,160 I'm I'm, I changed my mind because yes, I was like, fuck, 193 00:10:10,160 --> 00:10:11,440 it was going to fall time this week. 194 00:10:11,520 --> 00:10:13,400 And then I looked at timeline and seen a lot of people 195 00:10:13,400 --> 00:10:16,720 exclusive Zoran Kohl's aggressively back from the 196 00:10:16,720 --> 00:10:18,920 timeline. You know, shorting the share of 197 00:10:18,920 --> 00:10:21,800 the market is calling for much lower before higher. 198 00:10:21,800 --> 00:10:23,560 I mean, what's what's your feeling about this? 199 00:10:23,560 --> 00:10:25,440 You're like, it looks like we're bouncing this morning. 200 00:10:25,920 --> 00:10:28,000 Obviously it was a little too hot last night, like the clothes 201 00:10:28,000 --> 00:10:30,440 was honestly like fireworks. It was so much fun to watch boys 202 00:10:30,760 --> 00:10:32,960 and I knew even I knew I was like, OK, I'm way too excited. 203 00:10:32,960 --> 00:10:37,240 This is going to this is dumb for sure, but why do you what's 204 00:10:37,240 --> 00:10:38,400 your timeline for like an all time? 205 00:10:38,400 --> 00:10:41,320 I'm hit like we're we're we're close, we're close. 206 00:10:41,320 --> 00:10:45,800 What do you think happens here? I think it'd be it. 207 00:10:45,920 --> 00:10:48,920 It would be a highly likely that we're going to hit all time high 208 00:10:48,920 --> 00:10:50,680 this or at least go for it this week. 209 00:10:51,280 --> 00:10:54,000 You know, you don't, you don't get, I mean, it's got to be 210 00:10:54,000 --> 00:10:56,920 there's, there's a lot of air in terms of resistance between here 211 00:10:56,920 --> 00:10:59,080 and all time. I thought we we'd go there 212 00:10:59,080 --> 00:11:03,120 straight away as soon as we broke above 100 because there's 213 00:11:03,120 --> 00:11:05,360 not really a lot of like, oh, you got to get through this 214 00:11:05,360 --> 00:11:08,840 crazy level. It's just like took like 3 weeks 215 00:11:08,840 --> 00:11:12,120 right after we broke 102 weeks. Yeah, that's the weekly. 216 00:11:13,200 --> 00:11:16,080 So what a chart though. It just looks like you got to 217 00:11:16,080 --> 00:11:18,640 hang that in the Louvre. If we break higher, it's like 218 00:11:18,640 --> 00:11:20,520 you got to we're going to have to put at the moment or 219 00:11:20,520 --> 00:11:24,000 something. This is nice love to see that. 220 00:11:24,040 --> 00:11:27,880 And So what does that mean for I mean this all coin market it. 221 00:11:28,440 --> 00:11:33,320 Every time you think it's going to be all season, you kind of 222 00:11:33,320 --> 00:11:36,240 get humbled by Bitcoin. It's insane. 223 00:11:36,240 --> 00:11:38,840 Like even last week and there's a clip that for more posted of 224 00:11:38,840 --> 00:11:41,240 us talking about this, remember the Raoul pals calling for the 225 00:11:41,240 --> 00:11:43,520 top of Bitcoin dominance. A lot of people said and we 226 00:11:43,520 --> 00:11:47,600 discussed those 3, we didn't disagree and we didn't agree 227 00:11:47,600 --> 00:11:49,480 agree, but we were just like, OK, like that would make sense. 228 00:11:49,480 --> 00:11:51,600 Like what are you thinking? Like this is just again like a 229 00:11:51,600 --> 00:11:53,640 Bitcoin like rally. It seems like all coins just got 230 00:11:53,640 --> 00:11:56,800 smacked by down yesterday, starting with ETH and Solana. 231 00:12:01,400 --> 00:12:07,120 Yeah. So I maybe I am just a bull 232 00:12:07,120 --> 00:12:10,680 Todd, but I am I am only on ETH still like I think this is the 233 00:12:10,680 --> 00:12:16,560 one that's going to move. So I, I'm, I'm still bearish on 234 00:12:16,560 --> 00:12:19,000 Bitcoin dominance for, for at least the next few weeks. 235 00:12:19,080 --> 00:12:21,680 I think we've got another leg of this altcoin move, basically. 236 00:12:22,400 --> 00:12:24,400 Look at this though, this is so nuts. 237 00:12:24,800 --> 00:12:27,720 It's like every time like here people were calling the end of 238 00:12:27,720 --> 00:12:30,840 BTCD and right there just like decides to say fuck off and. 239 00:12:31,400 --> 00:12:34,720 If you didn't think that that could happen, then you don't 240 00:12:34,720 --> 00:12:35,840 know Bitcoin. Dominance. 241 00:12:36,160 --> 00:12:38,000 You're right. And I think you are betting. 242 00:12:38,000 --> 00:12:40,360 It happened here too, right? And then here. 243 00:12:41,000 --> 00:12:45,240 Wildly against the trend, but I do think that this is the time 244 00:12:45,240 --> 00:12:48,520 where you're going to see. I don't know about other old 245 00:12:48,520 --> 00:12:51,240 coins like this is what I said. I just think this is the time 246 00:12:51,240 --> 00:12:53,440 for Ethan. If I'm wrong, I'm wrong. 247 00:12:54,120 --> 00:12:57,360 If he dies, he dies. If he dies, he dies. 248 00:12:57,360 --> 00:13:02,160 I mean, let's look at the our our beta here, Pepe Strong above 249 00:13:02,160 --> 00:13:05,760 5.4 billion tried to crack above 6 something a few times, but it 250 00:13:05,760 --> 00:13:08,520 didn't really go down below 5 billion at all on this retrace, 251 00:13:09,160 --> 00:13:12,200 which you love to see. Mug actually has been ranging in 252 00:13:12,200 --> 00:13:16,120 that $400 million range pretty heavily, which is good. 253 00:13:16,200 --> 00:13:17,920 Good sign. Usually a little handle, right. 254 00:13:17,920 --> 00:13:21,160 You were like this Tyler's favorite little little move here 255 00:13:21,160 --> 00:13:22,800 and then wrecked. I mean, wrecked is wrecked and 256 00:13:22,800 --> 00:13:24,280 wrecked always has a lot going on for it. 257 00:13:24,360 --> 00:13:26,160 And you had always spearheading down on the timeline. 258 00:13:26,160 --> 00:13:28,320 So that's good. Is there any other ETH beta that 259 00:13:28,320 --> 00:13:30,680 you guys are following? Like I guess following like Ave. 260 00:13:30,680 --> 00:13:36,440 or like Lido or like those like the utility, all betas to ether, 261 00:13:36,440 --> 00:13:42,400 just strictly Ethernet memes. I said, like, what am I buying? 262 00:13:42,480 --> 00:13:44,880 I'm just buying. No, like, yeah, yeah. 263 00:13:44,880 --> 00:13:46,480 So are you like, no, because are you OK? 264 00:13:46,600 --> 00:13:48,880 It's altcoins like the lighters of this world, etcetera. 265 00:13:48,880 --> 00:13:50,960 Or just not at all. No, no. 266 00:13:51,080 --> 00:13:55,640 OK, to be fair, like I think the thing that may outperform here 267 00:13:55,640 --> 00:13:58,200 is Eve, I've said this A. Couple of no, you've said it, 268 00:13:58,200 --> 00:14:00,880 yeah. That I just think that if you 269 00:14:00,880 --> 00:14:03,200 think that Eve is going to outperform, make sure you own 270 00:14:03,200 --> 00:14:06,720 some Eve. Yeah, that makes sense. 271 00:14:07,120 --> 00:14:11,600 I'm trying to find the chart of the theorem ecosystem here on on 272 00:14:12,640 --> 00:14:14,400 on thing. But it's weird because it has 273 00:14:14,400 --> 00:14:19,520 like chain link sheba in there, but get and everything. 274 00:14:19,520 --> 00:14:22,400 So it's it's tough to find like the proper coin market cap of 275 00:14:22,680 --> 00:14:24,960 ETH and ETH all coins. But it even looks like the Altos 276 00:14:24,960 --> 00:14:28,560 are not performing very well on this on this last run. 277 00:14:28,560 --> 00:14:30,720 So anyways, OK, that's a good market roundup. 278 00:14:31,080 --> 00:14:34,080 Hopefully we get our our little all time high on Bitcoin this 279 00:14:34,080 --> 00:14:39,000 week followed by an alt run. Please alt season when I need 280 00:14:39,000 --> 00:14:43,520 you I need you Tyler. It was a weekend pack with you 281 00:14:43,520 --> 00:14:50,720 to see what you got. 4 trillion NFT and crypto analysis Tyler T 282 00:14:50,800 --> 00:14:53,360 on FOMO hour calls the kids pay at least. 283 00:14:53,760 --> 00:14:58,000 Free to batch the pairs yeah folks, crypto majors slightly 284 00:14:58,000 --> 00:15:00,240 red here this morning after a roller coaster Sunday. 285 00:15:00,240 --> 00:15:03,280 As man I mentioned, we hit all time high weekly close on 286 00:15:03,280 --> 00:15:06,640 Bitcoin right around one O 65 but have since sold off a bit 287 00:15:06,640 --> 00:15:09,760 since then. the US stable coin bill of genius act. 288 00:15:09,760 --> 00:15:11,560 It looks like it might pass the Senate. 289 00:15:11,560 --> 00:15:15,240 It's gearing up for a big vote this week, so that is going to 290 00:15:15,240 --> 00:15:19,720 be a big story to watch. Jack Dorsey is back and 291 00:15:19,720 --> 00:15:23,600 endorsing this BIP Bitcoin Improvement Proposal 177 which 292 00:15:23,600 --> 00:15:27,360 effectively would change the unit bias of Bitcoin back to 293 00:15:27,360 --> 00:15:29,960 Satoshi's. So Satoshi would be become 294 00:15:29,960 --> 00:15:31,600 Bitcoin. Current Bitcoin would be like 295 00:15:31,600 --> 00:15:33,840 mega Bitcoin. So the price of Bitcoin would be 296 00:15:34,040 --> 00:15:39,760 like .001 cents or or dollars. So big potential change and 297 00:15:39,760 --> 00:15:41,800 there's a big discussion underway on the timeline for 298 00:15:41,800 --> 00:15:44,000 that. The other Bitcoin is 14 U.S. 299 00:15:44,000 --> 00:15:49,400 states or long Bitcoin via micro strategy combined $630 million 300 00:15:49,400 --> 00:15:53,160 in exposure, so 2/3 of a billion already in the states. 301 00:15:53,160 --> 00:15:58,400 Sailor bought another 765,000,000 at A1O35 average man 302 00:15:58,400 --> 00:16:01,520 planet bought another thousand that the D5 development stock 303 00:16:01,520 --> 00:16:06,760 previously Jan over soared 75% on Friday after they announced a 304 00:16:06,760 --> 00:16:10,680 new partnership with Bach so that stock now over 300 million 305 00:16:10,680 --> 00:16:13,360 in market cap. Galaxy digital began trading on 306 00:16:13,360 --> 00:16:16,480 the NASDAQ on Friday. Basil Medical Groups the last 307 00:16:16,480 --> 00:16:19,040 the latest company set to acquire Bitcoin for their 308 00:16:19,040 --> 00:16:22,080 treasury up to a billion interesting headline crypto 309 00:16:22,080 --> 00:16:28,080 venture capital now projected to exceed 18 billion in 2025, so a 310 00:16:28,080 --> 00:16:30,520 lot more investment happening than perhaps folks see on a 311 00:16:30,520 --> 00:16:32,720 day-to-day basis. Steak 'n Shake announced they're 312 00:16:32,720 --> 00:16:35,320 going to start accepting Bitcoin's payment across all 313 00:16:35,320 --> 00:16:38,360 their locations in the US. And if you remember that fake 314 00:16:38,400 --> 00:16:42,760 SEC Bitcoin ETF approval announcement that sent Bitcoin 315 00:16:42,760 --> 00:16:44,520 up briefly before, it was. The. 316 00:16:44,720 --> 00:16:48,040 Hack fake. Yeah, the guy in Alabama man was 317 00:16:48,040 --> 00:16:49,720 behind that. He got sentenced to 14 months in 318 00:16:49,720 --> 00:16:51,320 prison. What a fucking idiot. 319 00:16:51,640 --> 00:16:53,920 For that tweet. That's the one where he act the 320 00:16:54,000 --> 00:16:56,320 Gary or SEC. It was the account right? 321 00:16:56,320 --> 00:16:59,320 Took over the account. Yeah, they took over the the SEC 322 00:16:59,560 --> 00:17:01,760 account for that one. What an idiot. 323 00:17:01,880 --> 00:17:04,400 So he's he's going to pay, pay his time. 324 00:17:05,000 --> 00:17:07,680 In token AirDrop and protocol news, Meteora rolled out some 325 00:17:07,680 --> 00:17:10,599 big upgrades this morning to support apps like the believe 326 00:17:10,599 --> 00:17:13,640 app and Time dot fun. It features things like single 327 00:17:13,640 --> 00:17:16,599 sided fees, dynamic pricing and sniper protection and more. 328 00:17:17,040 --> 00:17:19,680 Infinex dominated mindshare over the weekend, folks after the 329 00:17:19,680 --> 00:17:22,520 launch of its $6 million Yap run rewards program. 330 00:17:22,920 --> 00:17:25,920 It looks like open Ledger and now Huma Finance announced their 331 00:17:25,920 --> 00:17:28,960 own reward programs this weekend as well. 332 00:17:29,440 --> 00:17:32,400 So these keep keep coming out. Yappers are going to keep 333 00:17:32,400 --> 00:17:36,120 yapping and get rewarded for it. Rounding this out, AI market cap 334 00:17:36,120 --> 00:17:39,880 fell 5% ten billion Virtual's announced its new sticking 335 00:17:39,880 --> 00:17:43,360 program as a shift in how its virgin points program is going 336 00:17:43,360 --> 00:17:45,000 to work. Previously you just had to hold 337 00:17:45,000 --> 00:17:46,520 passively. Now you have to stake those 338 00:17:46,520 --> 00:17:49,720 coins to get your points. Meme coins are red. 339 00:17:50,120 --> 00:17:53,480 The launch coin ecosystem holding right around 370 million 340 00:17:53,880 --> 00:17:57,520 in total size. Launch coin holding at 207 341 00:17:57,520 --> 00:18:00,720 million. Still the leader net KNET was 342 00:18:00,720 --> 00:18:02,360 one of the the runners from this weekend. 343 00:18:02,360 --> 00:18:05,680 It reached 12 million. A few NFT headlines actually 344 00:18:06,160 --> 00:18:09,760 zombie crypto punk. One point O 8 million you sell 345 00:18:10,080 --> 00:18:12,960 skull of Lucy old for 100 ETH. I'm Gandhi. 346 00:18:12,960 --> 00:18:16,600 That was their record all time high sale for a skull. 347 00:18:17,880 --> 00:18:21,400 And then these token works NFTS, an interesting new project kind 348 00:18:21,400 --> 00:18:24,720 of following in some ways like that that proof model to a 349 00:18:24,720 --> 00:18:27,640 degree. They minted out 256 NFTS for one 350 00:18:27,640 --> 00:18:31,200 ETH each and those are soul bound and not tradable. 351 00:18:31,200 --> 00:18:33,720 So an interesting project sell out there as well. 352 00:18:35,360 --> 00:18:37,960 Interesting. So wait, what's Steak and Shake? 353 00:18:38,720 --> 00:18:39,920 Because that we don't have that here. 354 00:18:40,400 --> 00:18:43,960 Oh you don't? Oh man, Steak and Shake is a 355 00:18:43,960 --> 00:18:47,760 fast food restaurant that that serves more steak forward 356 00:18:48,680 --> 00:18:53,760 Burgers, sandwiches, fries. Steak and wow, look at their 357 00:18:53,760 --> 00:18:56,760 main website. Oh, it's got Bitcoin on it? 358 00:18:56,760 --> 00:18:59,720 Wow, they're really leaning in. I hadn't seen this. 359 00:19:00,560 --> 00:19:02,360 It's Liddy right there. Yeah. 360 00:19:03,760 --> 00:19:08,640 Damn, well he's right there too. Interesting. 361 00:19:09,400 --> 00:19:11,960 Is it good? It it's good. 362 00:19:11,960 --> 00:19:15,960 It is unhealthy, but it is it is good, yes. 363 00:19:15,960 --> 00:19:18,840 Like, how do you compare it to like, I don't know, like Shake 364 00:19:18,840 --> 00:19:21,640 Shack for example? Oh, I think kind of similar. 365 00:19:22,240 --> 00:19:26,440 I think that's a good a good cop would be Shake Shack. 366 00:19:27,600 --> 00:19:30,040 I'm. I'm very interested to see what 367 00:19:30,040 --> 00:19:33,200 kind of. I love how beef tallow has 368 00:19:33,200 --> 00:19:34,960 become this thing in the US like it's. 369 00:19:34,960 --> 00:19:38,280 Like what's beef tallow? Ended for literally everything, 370 00:19:38,960 --> 00:19:40,320 but you haven't heard about beef tallow. 371 00:19:40,320 --> 00:19:43,080 It's like the new thing. If you're a man, you're into 372 00:19:43,080 --> 00:19:45,520 beef tallow. Like you rub it on yourself, you 373 00:19:45,600 --> 00:19:46,120 eat. It Wait. 374 00:19:46,120 --> 00:19:46,680 Hold on. Hold on. 375 00:19:46,680 --> 00:19:48,200 Hold on, hold on. Yeah, I've. 376 00:19:48,240 --> 00:19:49,600 Not I haven't not heard about this. 377 00:19:49,640 --> 00:19:51,840 Like not heard. About this, the story is like 378 00:19:51,840 --> 00:19:56,280 the McDonald's fries. The McDonald's fries, the OG 379 00:19:56,280 --> 00:19:59,080 ones were made using tallow. What's tallow? 380 00:19:59,080 --> 00:19:59,920 Like? What does it mean? 381 00:20:00,000 --> 00:20:01,320 Like what's? I've never heard that word. 382 00:20:01,800 --> 00:20:02,640 It's like law. What's? 383 00:20:02,640 --> 00:20:06,240 That can you like rub it on yourself? 384 00:20:06,240 --> 00:20:08,240 No. They like try it. 385 00:20:08,240 --> 00:20:10,560 They try the this. This has become a thing to have 386 00:20:10,560 --> 00:20:14,040 tallow sunscreen. This is the thing. 387 00:20:14,040 --> 00:20:16,240 It's an alpha male thing to have beef tallow. 388 00:20:16,440 --> 00:20:19,120 Skylar, is this like the liver king type thing? 389 00:20:19,120 --> 00:20:22,040 Like what do we use this? Thing like every recipe, beef 390 00:20:22,040 --> 00:20:24,720 tallow is like the thing and what I love about it is it's not 391 00:20:24,720 --> 00:20:27,040 like it's super healthy. Like beef tallow is literally 392 00:20:27,120 --> 00:20:30,560 fat from a cow. So instead of butter, which is 393 00:20:31,120 --> 00:20:35,400 fat from a from the milk, right, or vegetable oil, which is 394 00:20:35,640 --> 00:20:38,240 vegetable fat, this is this is just fat from a cow. 395 00:20:38,240 --> 00:20:41,400 And yet it's seen as like some like, Oh my God, it's so it's 396 00:20:41,400 --> 00:20:43,600 the healthy way to eat. That wait, people are you? 397 00:20:43,600 --> 00:20:45,200 You're not joking. Like people are actually doing 398 00:20:45,200 --> 00:20:47,640 that. Brother, it's like the thing. 399 00:20:48,480 --> 00:20:51,760 What do you mean is the thing like I've never the fuck is 400 00:20:51,760 --> 00:20:55,640 wrong with people? Yeah, it's because seed also the 401 00:20:55,640 --> 00:20:58,800 things too long. It's just, it's just a a if you 402 00:20:58,800 --> 00:21:01,680 want to feel better about eating fat, you now have beef towel. 403 00:21:02,040 --> 00:21:05,040 That's basically what it is, and it can be used for different 404 00:21:05,040 --> 00:21:07,280 things. So so Tyler, is that how you 405 00:21:07,280 --> 00:21:09,720 bench so so much? Like are you rubbing? 406 00:21:09,720 --> 00:21:11,920 Beef towel sunscreen with beef towel. 407 00:21:11,920 --> 00:21:13,680 I just run. I rubbed beef towel all over 408 00:21:13,680 --> 00:21:17,440 myself and all over my children. Oh wow, so some people are 409 00:21:17,440 --> 00:21:20,480 claiming, well, TikTok, you know, TikTok is, is claiming 410 00:21:20,480 --> 00:21:24,200 that it healed people's eczema, acne and so. 411 00:21:25,520 --> 00:21:29,240 What you vinegar, you know. Oh, the smell is kind of the 412 00:21:29,560 --> 00:21:31,040 downslides. This is hilarious. 413 00:21:32,280 --> 00:21:35,840 Adam wow. Well, beef tallow has a 414 00:21:35,840 --> 00:21:40,200 moisturizer down, so that's what Steak 'n Shake uses. 415 00:21:42,040 --> 00:21:43,720 Yeah, they they know they're. Well, like it's like it's a 416 00:21:43,720 --> 00:21:45,400 marketing thing now. OK, I see. 417 00:21:45,440 --> 00:21:49,280 It's 100% a marketing thing, 100% the world is heading 418 00:21:49,280 --> 00:21:51,520 towards beef tallow and away from seed oils. 419 00:21:51,640 --> 00:21:53,640 What does Brian Johnson think of beef tallow? 420 00:21:53,640 --> 00:21:55,720 Can we get a clip of this and see if Brian Johnson can answer 421 00:21:55,720 --> 00:21:56,000 us? Brian. 422 00:21:56,360 --> 00:21:59,000 Johnson's vegan. Oh, he's vegan. 423 00:22:00,000 --> 00:22:02,960 That's OK. OK. 424 00:22:03,320 --> 00:22:07,400 I, I, I'm running out. I, I, I'm, I, I'm behind all 425 00:22:07,400 --> 00:22:08,960 these things. I, I just started creating like 426 00:22:08,960 --> 00:22:11,240 2 weeks ago, you know, I mean like, I, I, I'm, I'm getting a 427 00:22:11,240 --> 00:22:14,440 little lost in the sauce here or lost in the tallow. 428 00:22:14,440 --> 00:22:17,440 Should I say just? Forget all supplements and just 429 00:22:17,440 --> 00:22:19,480 have beef tallow and you're like you're ahead of the curve. 430 00:22:19,600 --> 00:22:21,800 Then do this. Ahead, you know? 431 00:22:22,000 --> 00:22:24,240 Yeah, yeah. Wow. 432 00:22:24,360 --> 00:22:26,120 OK, interesting. So beef tallow it is. 433 00:22:26,320 --> 00:22:30,200 I'm going to start rubbing my my hair, my body with with with 434 00:22:30,200 --> 00:22:32,280 beef tallow. Every everything all right? 435 00:22:32,600 --> 00:22:37,760 100 hundred recipes with beef tallow plus all hair and skin 436 00:22:37,760 --> 00:22:40,600 care routine done with it. Do you like also rub it on your 437 00:22:40,600 --> 00:22:43,560 thing? It's medical in so many ways, 438 00:22:43,640 --> 00:22:44,760 you know? Got it. 439 00:22:45,280 --> 00:22:48,280 Well, all right. Well, if you want to fuck like a 440 00:22:48,280 --> 00:22:54,280 bull, you know. OK, Someone dropped beef talo 441 00:22:54,280 --> 00:22:57,320 coin. That's funny, is it? 442 00:22:57,320 --> 00:22:59,560 Oh, there's tofu talo too for the vegan crowd. 443 00:22:59,560 --> 00:23:00,560 OK. Now. 444 00:23:02,560 --> 00:23:06,160 You know it's mainstream. OK, Tofu talo. 445 00:23:06,160 --> 00:23:07,680 All right, this has gone too far. 446 00:23:07,680 --> 00:23:09,520 We're a crypto focus show, Tyler. 447 00:23:09,760 --> 00:23:10,560 Yeah. What else do we? 448 00:23:10,560 --> 00:23:12,720 I'll bring us back, I think, but somewhat related. 449 00:23:12,720 --> 00:23:17,320 So like, who is the person who's going to use their Bitcoin to 450 00:23:17,320 --> 00:23:19,920 buy Steak and Shake food? No one. 451 00:23:20,320 --> 00:23:24,040 If maybe if you're on the Bitcoin standard, but this VIP 452 00:23:24,600 --> 00:23:31,600 177 push, a, a part of that push is making Bitcoin to be more 453 00:23:31,600 --> 00:23:33,080 spendable because of its unit bias. 454 00:23:33,080 --> 00:23:38,920 So I think when you hold an asset that's $103,000, right, it 455 00:23:38,920 --> 00:23:43,720 can be a bit awkward to, to go and, and try to buy everyday 456 00:23:43,720 --> 00:23:46,000 goods. So if you're thinking about as a 457 00:23:46,000 --> 00:23:49,480 currency more than just a store of value like you're going to, 458 00:23:49,480 --> 00:23:55,880 you're going to pay .00012, you know, fractured by something. 459 00:23:55,880 --> 00:23:58,320 Well, what Jack is talking about, part of this proposal is 460 00:23:58,320 --> 00:24:01,960 switching the unit bias to make Satoshi's rebranded as Bitcoins. 461 00:24:03,080 --> 00:24:05,960 So that's one. So there's 100 million Satoshi's 462 00:24:05,960 --> 00:24:09,680 in a Bitcoin. So if this went through, the 463 00:24:09,680 --> 00:24:16,400 price of Bitcoin would be literally 0.001 O 3 and then if 464 00:24:16,400 --> 00:24:18,520 you have one Bitcoin now you would have. 465 00:24:18,520 --> 00:24:22,200 Isn't the whole point of SATS? Well, they're saying like, sats 466 00:24:22,200 --> 00:24:23,960 is a bad term, people don't understand it. 467 00:24:25,360 --> 00:24:27,320 Yeah. And like it sounds like it's 468 00:24:27,320 --> 00:24:29,520 something different than Bitcoin when it's not. 469 00:24:30,240 --> 00:24:32,240 It's a little weird, right? What do you think? 470 00:24:32,240 --> 00:24:34,720 Like I. There's a lot to unpack, I think 471 00:24:34,720 --> 00:24:37,240 from a store of that. Like I, I feel like there's a 472 00:24:37,240 --> 00:24:40,040 real like lendiness to Bitcoin that the higher it goes, the 473 00:24:40,040 --> 00:24:42,960 safer it feels. Yeah, it's just a little 474 00:24:42,960 --> 00:24:45,560 confusing. You would destroy that with this 475 00:24:45,560 --> 00:24:49,760 unit by a switch. But the flip side of that is 476 00:24:49,760 --> 00:24:53,160 like, I mean, stocks do stock splits for a reason, right? 477 00:24:53,800 --> 00:24:56,520 And I think I was, I was playing this out on the group chats. 478 00:24:56,520 --> 00:24:58,680 Like if let's say the the scenario where where Bitcoin 479 00:24:58,680 --> 00:25:03,440 goes to 500 K, are people really going to put $5000 in and get 480 00:25:03,440 --> 00:25:06,800 .01 Bitcoin? I think there's something to be 481 00:25:06,800 --> 00:25:13,080 said for like accumulating 5000 Satoshi's or bitcoins versus .01 482 00:25:13,080 --> 00:25:18,400 and the higher it goes more of a a mental hurdle that will be. 483 00:25:19,840 --> 00:25:22,560 So I think in from like a payment currency side, I think 484 00:25:22,560 --> 00:25:26,040 it makes a ton of sense. From a store of value, perhaps 485 00:25:26,040 --> 00:25:27,760 it it does not make as much sense. 486 00:25:27,760 --> 00:25:30,560 And I think I think it's going to be a pretty heavy debate. 487 00:25:31,360 --> 00:25:33,840 Yeah, this is such a good quote Bitcoin is actually scarce. 488 00:25:33,840 --> 00:25:36,880 There are 2.1 quadrillions of them and I think this ruins the 489 00:25:36,880 --> 00:25:39,200 narrative of Bitcoin. I I actually think don't I don't 490 00:25:39,200 --> 00:25:45,720 think it's a good idea just let Bitcoin be Yeah like we've got 491 00:25:45,720 --> 00:25:49,560 something good going for us in crypto, which is Bitcoin like 492 00:25:49,560 --> 00:25:53,560 the one thing the cycle that's really doing really well dude, I 493 00:25:53,560 --> 00:25:58,040 do agree someone's commenting it's too early for VIP177. 494 00:25:58,040 --> 00:26:01,360 Imagine the confusion this causes to normies and then if 495 00:26:01,360 --> 00:26:04,120 Ghani of Wenemuth saying sorry Jack with this peak idiotic is 496 00:26:04,120 --> 00:26:06,960 praying on unit bias not at all related to explain how people 497 00:26:06,960 --> 00:26:11,080 can buy coffee for Bitcoin. I kind of agree with that. 498 00:26:11,960 --> 00:26:14,000 I mean man, what do you think they're talking about Bitcoin a 499 00:26:14,000 --> 00:26:15,920 lot. This is like. 500 00:26:17,640 --> 00:26:21,640 Jack Marla a lot, you know all the Bitcoin well, so as soon as 501 00:26:21,640 --> 00:26:23,880 you do this, they're going to be like, you know, this is this is 502 00:26:23,880 --> 00:26:27,840 beneficial for that narrative, but it feels a bit scammy to me, 503 00:26:28,120 --> 00:26:30,080 like one Bitcoin. Is 1. 504 00:26:30,080 --> 00:26:32,360 Bitcoin just changed the fucking unit bias of it. 505 00:26:32,600 --> 00:26:34,520 Let's yeah, what are we trying to fuck with Bitcoin? 506 00:26:34,520 --> 00:26:38,560 You know what I mean? So yeah, I mean, I know so much 507 00:26:38,560 --> 00:26:43,520 you guys think about that, but I don't know, it's so like. 508 00:26:44,040 --> 00:26:45,440 I don't know. I think something like this will 509 00:26:45,440 --> 00:26:47,640 happen over. I think that's one of my hot 510 00:26:47,640 --> 00:26:49,680 takes. Maybe not this year, maybe it's 511 00:26:49,680 --> 00:26:52,720 not 100. I think we'll see like micro 512 00:26:52,720 --> 00:26:54,960 bitcoins, like a one 1000 version. 513 00:26:55,200 --> 00:26:59,680 I think we will see some something of that nature because 514 00:26:59,680 --> 00:27:02,120 people want to accumulate more than fractions of decimals. 515 00:27:04,040 --> 00:27:06,640 I guess the alternative and someone said well you can buy 516 00:27:06,640 --> 00:27:10,040 like I bet shares which has their own unit bias right? 517 00:27:10,440 --> 00:27:13,680 Yeah, it's true. Which is a bit more 518 00:27:13,680 --> 00:27:18,200 approachable. OK, I like the term sats. 519 00:27:18,200 --> 00:27:20,800 I don't know where when that just became uncool. 520 00:27:22,640 --> 00:27:24,760 Two point quadrillion Bitcoin sounds like a shit coin. 521 00:27:24,840 --> 00:27:26,280 It's a big no. I mean, it's kind of true, 522 00:27:26,280 --> 00:27:27,040 right? You can't turn. 523 00:27:27,040 --> 00:27:30,840 Bitcoin, it does lose. It's like scarcity a bit when 524 00:27:30,840 --> 00:27:34,160 you switch from 21 million to. Yeah. 525 00:27:34,400 --> 00:27:37,520 Quadrillion. OK, that's, that's interesting. 526 00:27:37,520 --> 00:27:41,200 1 So when does that like, is this something put up for vote? 527 00:27:41,200 --> 00:27:43,880 Is it like how do we? I don't know the details of 528 00:27:43,880 --> 00:27:45,000 that, so I'll have to dig in, I think. 529 00:27:45,160 --> 00:27:47,560 Yeah, it's a proposal, so it would go up for some kind of a 530 00:27:47,560 --> 00:27:51,640 vote, but I would imagine this is something that would have to 531 00:27:51,640 --> 00:27:57,080 be lengthy discussion plus like, how would it be implemented like 532 00:27:57,080 --> 00:27:58,680 that? There's a lot to unpack. 533 00:27:58,960 --> 00:28:02,840 Would this be the final straw of termination for alt coins? 534 00:28:06,840 --> 00:28:10,040 That's a good question, right? Because it would make. 535 00:28:10,960 --> 00:28:15,520 I mean you we don't need Bitcoin for most of the things crypto 536 00:28:15,520 --> 00:28:21,800 does, which is price go up. Yeah, it would have an impact, I 537 00:28:21,840 --> 00:28:23,680 think. And it would still only be 21 538 00:28:23,680 --> 00:28:25,600 million Bitcoin. You're right, DLA in the 539 00:28:25,600 --> 00:28:27,040 comments. That doesn't change anything. 540 00:28:27,040 --> 00:28:30,040 It just creates this other. So like the nomination for a 541 00:28:30,040 --> 00:28:33,040 piece of Bitcoin, a fragment of Bitcoin a bit, let's call it, 542 00:28:33,040 --> 00:28:36,040 right. So so I'm going to follow 543 00:28:36,040 --> 00:28:39,240 closely. I guess we'll see what happens. 544 00:28:39,280 --> 00:28:41,120 Mando's firing off memes. Oh, no, I thought you were 545 00:28:41,120 --> 00:28:45,720 firing off memes. And Tyler, what else you got for 546 00:28:45,720 --> 00:28:48,440 us today? Yeah, let's see. 547 00:28:48,480 --> 00:28:52,880 I mean the NFT sales were a big headline and over the week that 548 00:28:52,880 --> 00:28:58,960 that zombie punk movement 4 point O win in the school of 549 00:28:58,960 --> 00:29:04,840 Lucy and we talked about 8th betas NFTS in the conversation 550 00:29:06,040 --> 00:29:08,720 for for ETH beta. Maybe just punks. 551 00:29:08,760 --> 00:29:10,000 Yeah. Are we going to like, how are 552 00:29:10,000 --> 00:29:12,040 other NFTS performing? Let's let's have a look. 553 00:29:12,040 --> 00:29:14,400 We haven't looked at because like that punk Bitcoin ratio was 554 00:29:14,400 --> 00:29:17,840 doing well. You know, punks still low. 555 00:29:18,840 --> 00:29:19,840 We. Took a. 556 00:29:20,840 --> 00:29:24,280 We took a bath on that eat the. Yeah, by the way, this is just 557 00:29:24,280 --> 00:29:28,160 such an amazing punk. This is, yeah, it's not a comic 558 00:29:28,160 --> 00:29:31,160 zombie. That's just such a good zombie 559 00:29:31,160 --> 00:29:32,720 for $1 million. Good sale. 560 00:29:33,720 --> 00:29:36,840 Let's take a look. I mean, let's take a look. 561 00:29:37,600 --> 00:29:39,960 How are NFTS even let's say on Eve? 562 00:29:40,040 --> 00:29:43,520 Specific even even on the week roughly like buddies are hanging 563 00:29:43,640 --> 00:29:46,840 on. Hold on, let me see something 564 00:29:47,520 --> 00:29:53,960 open C I just want to look at the ETH ones alone but not even 565 00:29:53,960 --> 00:29:56,480 like I know abstract for example has entities but I just want to 566 00:29:56,480 --> 00:30:01,080 look specifically on mainnet. You should be on a few chains. 567 00:30:03,080 --> 00:30:05,440 Chains, just Ethereum. That's it. 568 00:30:05,440 --> 00:30:08,560 OK, Yeah, there we are. Floor price. 569 00:30:08,560 --> 00:30:11,200 OK, boy, no, I hate when it does that. 570 00:30:11,200 --> 00:30:14,520 I guess we got to do by volume. OK. 571 00:30:14,520 --> 00:30:19,040 I don't know, dude. We're not seeing a huge bid by 572 00:30:19,040 --> 00:30:20,760 any. Means it's only punks. 573 00:30:22,480 --> 00:30:26,760 Punk slide and then you're catching some art bids across 574 00:30:26,760 --> 00:30:31,680 like same as Brad the The Rough Heck and It All collection did 575 00:30:31,680 --> 00:30:35,000 well last week. Well Dick butts are up 1.7 ETH. 576 00:30:35,520 --> 00:30:37,400 Those are up. It's actually wild. 577 00:30:39,440 --> 00:30:41,560 Everything's just kind of been stale for the last few years, 578 00:30:41,560 --> 00:30:43,840 right? Like Pudgy's at 10 and apes at 579 00:30:43,840 --> 00:30:45,960 12. Seems like what we've seen for a 580 00:30:45,960 --> 00:30:48,880 while doodles that like 1:00-ish. 581 00:30:49,480 --> 00:30:51,640 Like this is same price that we've seen for the last three 582 00:30:51,640 --> 00:30:53,920 years, I feel. The wild card is open seat 583 00:30:53,920 --> 00:30:54,400 token. When? 584 00:30:54,440 --> 00:30:55,880 When are we going to get it? Yeah. 585 00:30:55,880 --> 00:31:03,560 When is that coming? My my gut is like not till Q4. 586 00:31:04,880 --> 00:31:06,720 That's when apps is set to launch, right? 587 00:31:07,000 --> 00:31:11,240 Yeah, if if that's the scenario, then I feel like NMTS probably 588 00:31:11,240 --> 00:31:14,200 just go sideways. They have like Mona at mega E 589 00:31:14,360 --> 00:31:18,560 apps. Maybe Metamask one day would be 590 00:31:18,560 --> 00:31:21,360 nice. I feel like there's already like 591 00:31:21,360 --> 00:31:30,800 farm fatigue. Mega ETH Myriad, so yeah, this 592 00:31:30,800 --> 00:31:34,040 comments is great, CEO said sometime in 2025, so I assume 593 00:31:34,040 --> 00:31:36,960 December. December 31st. 594 00:31:37,200 --> 00:31:40,200 December 31st. I'm impressed. 595 00:31:40,200 --> 00:31:42,760 This good vibes club is holding a .7 ETH by the way. 596 00:31:42,840 --> 00:31:45,720 Wow, that's a that's a strong. I just noticed. 597 00:31:46,040 --> 00:31:47,080 Got to give them credit for that. 598 00:31:47,080 --> 00:31:49,160 So they're. This is impressive because it's 599 00:31:49,160 --> 00:31:51,520 a new collection and what's up with abstract? 600 00:31:51,520 --> 00:31:53,840 Like I I keep seeing NFTS on abstract. 601 00:31:55,000 --> 00:32:00,160 Dremelius had quite the run yo. They're back at .19. 602 00:32:01,440 --> 00:32:04,160 I had an idea. I kind of want to outsource my 603 00:32:04,160 --> 00:32:10,480 idea with people. OK, what if I moved the rug 604 00:32:10,480 --> 00:32:16,760 radio PFP to abstract? Because on ETH, right, you know, 605 00:32:16,760 --> 00:32:19,080 there are Corey Van Loop PF PS face the web three. 606 00:32:20,240 --> 00:32:21,440 I thought about this the other week. 607 00:32:21,440 --> 00:32:26,160 Not that we have time right now, but if we were to have time, 608 00:32:26,840 --> 00:32:29,760 should I be migrating this apps and then giving people like a 609 00:32:29,760 --> 00:32:32,360 multiply or maybe add for having that as PFP? 610 00:32:33,920 --> 00:32:35,800 I'm not moving it to Bitcoin Bongo. 611 00:32:36,000 --> 00:32:38,200 I can see your comment. This is going to cost like 612 00:32:38,200 --> 00:32:40,720 $1,000,000 to do like. Why would? 613 00:32:40,760 --> 00:32:42,160 Why would anyone move anything to? 614 00:32:42,320 --> 00:32:46,280 It did Bitcoin shit is dead bro. Like this this not. 615 00:32:46,360 --> 00:32:49,880 Did I still have all my bongo? Move it to Bitcoin bro thinks 616 00:32:49,880 --> 00:32:52,840 like we have like $10 million to spend like this alone will cost 617 00:32:52,840 --> 00:32:54,920 like $1,000,000. I'm. 618 00:32:55,000 --> 00:32:57,440 Genuinely speaking, like do you think it should be migrating 619 00:32:57,440 --> 00:33:00,280 this to abstract? I I think it would catch a bit 620 00:33:01,040 --> 00:33:04,960 over on abstract for sure. We get, we get nothing out of 621 00:33:04,960 --> 00:33:06,080 it. Like it's not like creative 622 00:33:06,080 --> 00:33:08,080 revenue is like there's a fee. I'm just saying like maybe for 623 00:33:08,080 --> 00:33:09,160 the people, you know what I mean? 624 00:33:09,960 --> 00:33:12,200 Having a connection to Myriad, I think that's interesting. 625 00:33:13,360 --> 00:33:15,960 Yeah, like, let's say you have this as PFL Myriad, and then 626 00:33:15,960 --> 00:33:18,280 you'd be like, I'm gonna get a multiplier for using it. 627 00:33:18,280 --> 00:33:22,520 And abstract he's heating up to looks like people as excited 628 00:33:22,640 --> 00:33:25,560 people as excited about it. No new collection. 629 00:33:25,600 --> 00:33:28,280 I can't drop more tokens, that's for sure. 630 00:33:28,920 --> 00:33:30,920 No new collection. That's why I'm thinking that, 631 00:33:30,920 --> 00:33:35,600 you know what I mean. No, no, Yeah, I'm seeing a lot 632 00:33:35,600 --> 00:33:37,480 of volume on there and it's working out. 633 00:33:37,800 --> 00:33:40,800 What is it portal dot apps dot XYZ, right? 634 00:33:40,800 --> 00:33:42,360 Oh. I will say this, I feel like 635 00:33:42,360 --> 00:33:45,160 there there's increasing chatter about abstract on the timeline. 636 00:33:45,960 --> 00:33:48,360 Yeah, the mantra is good and. I don't know that we're quite 637 00:33:48,360 --> 00:33:53,160 seeing it objectively and all the asset prices just yet, but 638 00:33:53,160 --> 00:33:55,680 there's more folks. There's some drama this weekend. 639 00:33:58,560 --> 00:34:01,320 With the the token. Yeah. 640 00:34:01,720 --> 00:34:04,880 That Loki dropped and actually missed and I missed that. 641 00:34:05,640 --> 00:34:07,200 I I don't pay attention as much anymore. 642 00:34:07,200 --> 00:34:10,360 I just look and I'm like, look, people are fighting again. 643 00:34:10,679 --> 00:34:14,040 And then and then I just kept watching Rod. 644 00:34:14,360 --> 00:34:16,480 Tokens, folks, it's not a it's not. 645 00:34:16,480 --> 00:34:19,120 It's not a great look. Yeah, no, looks like there's a 646 00:34:19,120 --> 00:34:20,639 lot of stuff. There's like a meme coins on 647 00:34:20,639 --> 00:34:24,639 there doing good. We did like a collaboration with 648 00:34:24,639 --> 00:34:25,920 Rd. Tracing this morning. 649 00:34:26,480 --> 00:34:28,760 Oh nice. Yeah, wow, look at this. 650 00:34:28,760 --> 00:34:33,120 We're second all abstract in terms of up votes featured. 651 00:34:33,679 --> 00:34:38,480 Not bad Koken. Oh, we're first in trading. 652 00:34:38,679 --> 00:34:42,120 That's crazy. We got to get that that streamer 653 00:34:42,120 --> 00:34:44,360 who who who claims to be the number one myriad better. 654 00:34:44,960 --> 00:34:46,199 We're going to have Oh, he is. We're. 655 00:34:46,800 --> 00:34:49,199 Going to have to get him either on FOMO or we're going to have 656 00:34:49,199 --> 00:34:50,760 to do a show with. Him we should have him on dude, 657 00:34:50,760 --> 00:34:53,440 he is this you know bro, he broke Myriad. 658 00:34:54,440 --> 00:34:59,240 So he made a $750 million points this weekend on a on a on a 659 00:34:59,240 --> 00:35:01,880 prediction. It broke our leaderboard. 660 00:35:02,400 --> 00:35:05,640 That's why it doesn't update. Remember when Gangnam Style 661 00:35:05,800 --> 00:35:07,560 broke YouTube because it did too many views. 662 00:35:08,440 --> 00:35:11,720 The same thing happened behind I was looking at the abstract dev 663 00:35:11,720 --> 00:35:15,440 chat this morning, Mira dev chat and because seems like following 664 00:35:15,440 --> 00:35:18,520 up like why this is not updating and they're like, yeah, it broke 665 00:35:18,520 --> 00:35:24,200 the the leaderboard. Yeah, what's going on? 666 00:35:24,200 --> 00:35:26,480 He sounds like a legend and I I need some tips. 667 00:35:27,040 --> 00:35:30,360 Dude, this guy's a fucking Chad man 2 billion points. 668 00:35:30,840 --> 00:35:34,440 Yeah. Oh my God, that would be fun. 669 00:35:34,440 --> 00:35:36,640 All right, so let me go ahead and guys think about this idea 670 00:35:36,640 --> 00:35:38,520 of the abstract thing. Don't go speculating on our 671 00:35:38,520 --> 00:35:41,040 PFPS, OK, just said that it's just an idea I had. 672 00:35:41,360 --> 00:35:43,240 The team doesn't have time to do it, but I'm like, hey, if we 673 00:35:43,240 --> 00:35:46,720 find someone to help us with it, like maybe I should just migrate 674 00:35:46,720 --> 00:35:49,120 it to abstract. I I like what's going on there, 675 00:35:49,520 --> 00:35:51,800 you know, pay I pay attention somewhat to what's happening in 676 00:35:51,800 --> 00:35:54,480 NFTS, right Tyler? And it's like it's working on 677 00:35:54,480 --> 00:35:59,000 abstract, you know, seems like people want NF TS on L2 right 678 00:35:59,000 --> 00:36:03,240 now more than they want it on L1, you know, so. 679 00:36:03,440 --> 00:36:07,800 Yeah, I think it's that and I think we want to participate in 680 00:36:07,800 --> 00:36:12,680 you know these pre TG. Interesting. 681 00:36:13,760 --> 00:36:16,560 And then, Tyler, I want to ask you what else you got for me. 682 00:36:17,720 --> 00:36:21,000 Yeah, let's take a look at this. This token works. 683 00:36:21,040 --> 00:36:24,120 Funding works in a team that that I the one that meant. 684 00:36:24,160 --> 00:36:27,480 Oh, I missed that. I wish I did. 685 00:36:27,520 --> 00:36:29,680 Yeah, the one Eastman. Yeah. 686 00:36:29,680 --> 00:36:33,960 So like I I saw this on my timeline on Saturday and there 687 00:36:33,960 --> 00:36:35,440 was like. The. 688 00:36:36,440 --> 00:36:39,360 And I was like, oh, I'll take a look at this later. 689 00:36:39,360 --> 00:36:42,800 And then Saturday evening I was on, I was online and it was 690 00:36:42,800 --> 00:36:44,560 minting out. So actually I did grab 1. 691 00:36:44,560 --> 00:36:51,040 So disclosure, I've got one of these, but what's like the idea 692 00:36:51,040 --> 00:36:57,280 here behind this, this model is to back creators with ETH in a 693 00:36:57,680 --> 00:37:00,680 in a new way. So like these, you're buying 694 00:37:00,680 --> 00:37:04,120 these antes 1/8 each. They're soul bound, so you can't 695 00:37:04,120 --> 00:37:06,400 trade them less, less speculative. 696 00:37:06,800 --> 00:37:14,200 You are able to burn them to get your ETH back over like minus 697 00:37:14,200 --> 00:37:17,600 whatever the the creator has used so that the creator will be 698 00:37:17,600 --> 00:37:21,720 able to unlock the ETH rays via the NMT sale over time. 699 00:37:22,120 --> 00:37:27,280 Like 7% unlocked immediately and the rest like streams unlocks an 700 00:37:27,400 --> 00:37:29,560 investing model streamed over time. 701 00:37:30,720 --> 00:37:32,640 So they don't get all capital upfront. 702 00:37:33,880 --> 00:37:36,960 So I think how it's different, no flipping, no secondary 703 00:37:36,960 --> 00:37:40,120 market, there's not really a whole lot of like promises of of 704 00:37:40,120 --> 00:37:45,360 return, but you are effectively betting on this creator versus 705 00:37:45,360 --> 00:37:48,080 betting on a specific product or project. 706 00:37:48,520 --> 00:37:50,520 OK. The first project is called 707 00:37:51,840 --> 00:37:56,360 Funding Works and the idea here it's a they call themselves a 708 00:37:56,360 --> 00:38:00,520 studio for on chain financialized art and the NFT 709 00:38:00,520 --> 00:38:02,960 holders will be able to help guide the future direction of of 710 00:38:02,960 --> 00:38:07,400 the studio. So I think the idea is by 711 00:38:07,400 --> 00:38:09,400 supporting that collection helps. 712 00:38:10,160 --> 00:38:12,480 I mean, in some ways it is kind of like a Kickstarter model I 713 00:38:12,480 --> 00:38:13,560 guess. Interesting. 714 00:38:13,880 --> 00:38:16,600 And I mean, it's kind of dancing around like the whole 715 00:38:16,600 --> 00:38:18,960 securities, what's the security, what's not a security 716 00:38:18,960 --> 00:38:23,840 conversation. But the idea would be as they 717 00:38:23,840 --> 00:38:28,520 roll out new projects, new products, as an NFT holder, you 718 00:38:28,520 --> 00:38:33,480 would get first access to that and would have some ability to 719 00:38:33,880 --> 00:38:36,360 participate in potential upside there. 720 00:38:37,240 --> 00:38:39,240 So it's a new model. I saw a lot of folks kind of 721 00:38:39,240 --> 00:38:43,880 rallying around it, so it's going to take time to play out, 722 00:38:43,880 --> 00:38:45,720 but I think it's one to watch, you know, and then the group is 723 00:38:45,720 --> 00:38:46,920 doing something a little bit different. 724 00:38:47,560 --> 00:38:52,240 So I think and just put it on your radar. 725 00:38:53,640 --> 00:38:56,480 OK, good. Good to know. 726 00:38:56,480 --> 00:38:57,480 Good to know. All right. 727 00:38:57,840 --> 00:39:00,520 Well, there's that. What else? 728 00:39:00,520 --> 00:39:04,400 I think not much the believe app ecosystem and it's surviving. 729 00:39:05,280 --> 00:39:08,320 So I think a lot of, I think the cause of its death were perhaps 730 00:39:08,320 --> 00:39:13,560 a little premature. Yeah, I look, I don't, I don't 731 00:39:13,560 --> 00:39:15,080 have any skin in that game. I was away. 732 00:39:15,280 --> 00:39:18,920 I missed the whole move. But I I, you know, it's such a 733 00:39:18,960 --> 00:39:22,600 classic to want something to die this second. 734 00:39:22,600 --> 00:39:27,200 It's launches in the space. Can I just do my my little bit 735 00:39:27,320 --> 00:39:29,280 on on this? Please go ahead. 736 00:39:30,400 --> 00:39:34,080 I think we, we, we spent this whole last year, last couple 737 00:39:34,080 --> 00:39:36,560 years, folks want more apps in crypto. 738 00:39:37,280 --> 00:39:39,400 There's not, there's too much infrastructure, There's not 739 00:39:39,400 --> 00:39:42,720 enough to do. We have a new app that's trying 740 00:39:42,720 --> 00:39:47,800 to attract real talented builders from Web 2 and bring 741 00:39:47,800 --> 00:39:50,960 them into the crypto space. And everyone immediately 742 00:39:50,960 --> 00:39:54,360 seemingly gets up in arms. Now you're just coming to 743 00:39:54,360 --> 00:39:56,920 extract from us. This is not the way we want it. 744 00:39:57,760 --> 00:40:03,280 And I don't know, I feel like this is if you, if you want new 745 00:40:03,520 --> 00:40:07,720 crypto apps and products like this seems like a decent way to 746 00:40:07,720 --> 00:40:09,160 do that. I'm not saying it's the perfect 747 00:40:09,160 --> 00:40:12,640 way. But we've already seen more like 748 00:40:12,680 --> 00:40:15,480 of this, of this cohort of builders come and flock to 749 00:40:15,480 --> 00:40:17,000 crypto in the last week and a half. 750 00:40:17,480 --> 00:40:19,920 Yeah, I think we saw like in in months. 751 00:40:20,040 --> 00:40:23,200 And I've seen the argument that it's, you know, we want more 752 00:40:23,200 --> 00:40:26,400 crypto natives. But if you want to grow the pie, 753 00:40:26,680 --> 00:40:30,520 if you want to make this a larger pond, you know, with, 754 00:40:30,560 --> 00:40:33,400 with more players, I think you have to figure out ways to 755 00:40:33,400 --> 00:40:36,680 attract folks from, from outside our core bubble to bring new 756 00:40:36,680 --> 00:40:39,400 ideas in. So I think my, my, I'm not 757 00:40:39,400 --> 00:40:41,560 saying go buy it. I'm not saying it's worth $200 758 00:40:41,560 --> 00:40:43,920 million. I'm saying maybe just be open to 759 00:40:43,960 --> 00:40:47,720 it and just like let it play out for more than a week before you 760 00:40:47,720 --> 00:40:49,240 condemn it as an extraction scan. 761 00:40:51,320 --> 00:40:58,120 Yeah, you know what it is? I think it's the, I think it's 762 00:40:58,120 --> 00:41:01,800 because everything does need a token. 763 00:41:01,960 --> 00:41:05,080 And I think a tokenization of it is what leaves people feeling 764 00:41:05,080 --> 00:41:08,160 some type of way like kind of like gaming, you know what I 765 00:41:08,160 --> 00:41:09,440 mean? So I agree with you, by the way. 766 00:41:09,520 --> 00:41:10,920 Then that's why I made the comment I made. 767 00:41:11,120 --> 00:41:14,360 So everything is something new. We feel the need to like bash 768 00:41:14,360 --> 00:41:16,320 it. But then I look back at like 769 00:41:16,320 --> 00:41:20,160 crypto gaming and the reason why gamers hate it is because 770 00:41:20,200 --> 00:41:23,160 people, people game want a good experience, right? 771 00:41:23,640 --> 00:41:25,600 They don't need the token. And then when you tokenize the 772 00:41:25,600 --> 00:41:27,600 game, it could ruins the experience and it brings all 773 00:41:27,600 --> 00:41:29,880 these farmers and also it's low quality very often. 774 00:41:29,880 --> 00:41:33,000 And then the whole game is led by whether a token goes up or 775 00:41:33,000 --> 00:41:34,200 not. And the second the token goes 776 00:41:34,200 --> 00:41:36,240 down, the experience goes down with it. 777 00:41:37,000 --> 00:41:38,920 Same. You could apply that to product 778 00:41:38,960 --> 00:41:42,440 and it's like, hey, could we argue that these products don't 779 00:41:42,440 --> 00:41:44,600 need to be tokenized in the second? 780 00:41:44,600 --> 00:41:46,960 Like why does this worm game need a token? 781 00:41:47,320 --> 00:41:50,720 And why does the worm game that you showed me last week need a 782 00:41:50,720 --> 00:41:52,840 token that's worth of 20 mil? It's supposed to be honest, it's 783 00:41:52,840 --> 00:41:55,400 probably worth like it could have been raised at that amount, 784 00:41:55,520 --> 00:41:58,080 right? But again, if people want to 785 00:41:58,080 --> 00:41:59,200 speculate on it, it's their problem. 786 00:41:59,360 --> 00:42:00,760 So there's both sides of the metal too. 787 00:42:00,760 --> 00:42:02,720 It's like, yeah, sure, it doesn't need a token, but also, 788 00:42:02,720 --> 00:42:04,800 hey, there's a token in case people want to speculate on it, 789 00:42:04,800 --> 00:42:07,680 which pays attention because tokenization is just a tension, 790 00:42:07,680 --> 00:42:10,520 right? It's just, it's just a marketing 791 00:42:10,680 --> 00:42:13,400 material. So and then, but The thing is 792 00:42:13,400 --> 00:42:16,120 the worm game, let's say it's really good and it breaks 793 00:42:16,120 --> 00:42:18,680 through. What happens if the the guy 794 00:42:18,680 --> 00:42:21,320 keeps building, but token goes to 0 people start paying 795 00:42:21,320 --> 00:42:23,080 attention to the thing, therefore the guy stop paying 796 00:42:23,080 --> 00:42:26,520 attention to it as well. And then there's the other part 797 00:42:26,520 --> 00:42:29,680 of like what people will say, well, yeah, the believe app, you 798 00:42:29,680 --> 00:42:31,520 know, you're saying there's a lot of great founders is trying 799 00:42:31,520 --> 00:42:34,320 to bring forward Tyler, but you could argue also it brings a lot 800 00:42:34,320 --> 00:42:37,640 of like failed startups that are just trying to like it's like, 801 00:42:37,640 --> 00:42:40,000 hey, like I I fucked my startups to failure. 802 00:42:40,000 --> 00:42:43,320 Let me just like relaunch it as like a believe I have token and 803 00:42:43,320 --> 00:42:45,720 get people talking about Internet capital markets again. 804 00:42:45,720 --> 00:42:51,160 So it's a weird thing, right? It's like, I think it's like, I 805 00:42:51,160 --> 00:42:53,920 don't know whose fault it is. I don't know. 806 00:42:54,080 --> 00:42:57,040 Is it the participants? Is it the people that are 807 00:42:57,040 --> 00:42:58,960 pushing the narrative? Is it the like that? 808 00:43:00,160 --> 00:43:03,160 No, kept my finger on it. Yeah, and, and there's a lot of 809 00:43:03,160 --> 00:43:05,640 noise There's I'm looking at there's 21,000 tokens I've 810 00:43:05,640 --> 00:43:07,640 launched. So of course there's about 811 00:43:07,640 --> 00:43:11,160 21,000 good products. In fact, I mean, there's, 812 00:43:11,160 --> 00:43:13,960 there's probably a handful, right, Probably less than a 813 00:43:13,960 --> 00:43:18,600 dozen like what I'll put what I'll call good apps or products, 814 00:43:18,800 --> 00:43:23,800 but that's still a a decent amount to be added in this 815 00:43:23,840 --> 00:43:26,280 ecosystem in just a a short period of time. 816 00:43:26,600 --> 00:43:28,800 As for why you need the token, I mean, you need some kind of 817 00:43:28,800 --> 00:43:32,520 incentive to get these guys in the door right to, to come 818 00:43:32,520 --> 00:43:34,880 launch on this app. And if you, I don't know, maybe 819 00:43:34,880 --> 00:43:38,040 there are better incentive models out there, but this one 820 00:43:38,080 --> 00:43:42,600 seems decent and it is at least working here on on the short 821 00:43:42,600 --> 00:43:45,680 term to get folks in the door. But at the end of the day, you 822 00:43:45,680 --> 00:43:49,600 need the apps need to be good or else it's just like a House of 823 00:43:49,600 --> 00:43:51,840 Cards, right? They they need to be good apps 824 00:43:51,840 --> 00:43:54,800 and they need to figure out some kind of integration that makes 825 00:43:54,800 --> 00:44:00,240 sense for the potential token or or way to have a community of 826 00:44:00,240 --> 00:44:04,040 token holders be engaged in the future of the app and. 827 00:44:04,040 --> 00:44:06,960 Yeah, no. One's unlocked that yet, but 828 00:44:06,960 --> 00:44:09,360 it's still early. I think my my whole point is 829 00:44:09,360 --> 00:44:12,080 just give them time. Like let's see if someone can 830 00:44:12,080 --> 00:44:16,760 figure this out. Yeah, yeah, that I agree. 831 00:44:16,880 --> 00:44:18,760 I guess we'll see, man. You just did a few that stand 832 00:44:18,760 --> 00:44:20,000 out and it's done, you know what I mean? 833 00:44:21,520 --> 00:44:23,120 And also people don't have to buy them all. 834 00:44:23,760 --> 00:44:27,000 So it's also the participant. But I think it's crazy to try 835 00:44:27,000 --> 00:44:29,080 and knock the Believe app or something for trying something 836 00:44:29,080 --> 00:44:30,080 new. Like this is cool. 837 00:44:30,320 --> 00:44:33,800 Fuck it, you know, it's bringing attention to it and that's that. 838 00:44:33,800 --> 00:44:37,720 You know, it's like a pump fun, but for it's a pump fun but for 839 00:44:37,720 --> 00:44:40,080 products. And I don't argue that you 840 00:44:40,080 --> 00:44:43,240 shouldn't be buying any of these new tokens until you've had a 841 00:44:43,240 --> 00:44:46,400 chance to like. Yeah, but you know, people don't 842 00:44:46,400 --> 00:44:48,040 do that. You know what I mean? 843 00:44:48,200 --> 00:44:49,280 You don't and just don't complain. 844 00:44:49,440 --> 00:44:51,720 So then then you're just playing a meme coin game. 845 00:44:52,160 --> 00:44:53,240 Yeah, just another game you're playing. 846 00:44:53,240 --> 00:44:56,800 And it's a it's rocket game. In a way, that's kind of what I 847 00:44:56,800 --> 00:44:58,920 like about these things is that you can play the game different 848 00:44:58,920 --> 00:45:02,000 ways. You can be the investor that 849 00:45:02,000 --> 00:45:04,480 looks into it and decides to take a position, let's say a 850 00:45:04,480 --> 00:45:05,880 week after. It's like, Hey, I'll buy it at 851 00:45:05,880 --> 00:45:08,280 like $10 million market cap, but like, at least I'll go with a 852 00:45:08,320 --> 00:45:10,800 good position. And then because I like the 853 00:45:10,800 --> 00:45:13,480 product, you can be the mean coin gambler, which is like, 854 00:45:13,480 --> 00:45:16,600 fuck it, I'll buy 21,000 tokens. Like I'll just buy them all and 855 00:45:16,600 --> 00:45:18,800 see what sticks. And then you can be just the 856 00:45:18,800 --> 00:45:22,000 sideliner that just like, you know, just looks at it and see 857 00:45:22,000 --> 00:45:23,880 if it sticks. And then just in this invest in 858 00:45:23,880 --> 00:45:25,840 the believe app itself, like the belief token, right? 859 00:45:25,840 --> 00:45:26,960 Was it, what is it called? Launch coin? 860 00:45:27,840 --> 00:45:30,720 Launch coin because it's the, it's the launch pad for it. 861 00:45:30,720 --> 00:45:33,840 Also, it's interesting. We'll see if it sticks and I 862 00:45:33,840 --> 00:45:37,720 hope it does because you know, we need more of of those things 863 00:45:38,520 --> 00:45:39,840 on, on your first year.