1 00:00:00,480 --> 00:00:03,240 Yo-yo, what up? What up? 2 00:00:03,800 --> 00:00:04,920 Good morning. Good morning. 3 00:00:13,840 --> 00:00:15,120 Tuesday. No. 4 00:00:15,120 --> 00:00:16,640 July. Oh my God. 5 00:00:16,640 --> 00:00:18,760 We're in July. July. 6 00:00:19,240 --> 00:00:20,840 July. Yeah, July. 7 00:00:20,840 --> 00:00:23,600 Holy shit. July 2nd, 2020. 8 00:00:25,640 --> 00:00:27,920 I don't want to be in 2025 because I'm not going to have my 9 00:00:28,240 --> 00:00:31,840 I might have to change my intro Full full full look, look at 10 00:00:31,840 --> 00:00:37,920 that you I love is Tyler's face Every time I do the 4th day the 11 00:00:37,920 --> 00:00:38,960 guys are cracking. Up. 12 00:00:40,320 --> 00:00:43,160 I didn't really love that. It's me out of bed every day. 13 00:00:44,680 --> 00:00:50,040 I got my columns in the house. Tyler Mando, how you guys doing 14 00:00:50,040 --> 00:00:53,440 today? Doing amazing man, really good 15 00:00:53,440 --> 00:00:56,160 day. Oh dude, you better be doing 16 00:00:56,160 --> 00:00:59,640 amazing after Portugal saved their asses. 17 00:00:59,880 --> 00:01:04,200 Yeah, man, it was nearly like a national tragedy over here. 18 00:01:04,360 --> 00:01:09,880 Like I was in my house and you could hear all the different 19 00:01:09,880 --> 00:01:12,680 houses like when each, each of the penalties like went in. 20 00:01:12,680 --> 00:01:15,560 Like you could hear like the roar from everyone in like the 21 00:01:15,560 --> 00:01:18,760 local area even. They take it properly, 22 00:01:18,760 --> 00:01:21,720 seriously. Yeah, I mean, we both made it 23 00:01:22,000 --> 00:01:24,640 through a string yesterday. I mean, say we both, but you're, 24 00:01:24,640 --> 00:01:26,680 you're English, but you know, you kind of become like a 25 00:01:26,680 --> 00:01:29,560 Portuguese, like you've kind of become full Portuguese. 26 00:01:29,560 --> 00:01:32,560 So, so you know, I, oh, they with us, Mando. 27 00:01:33,320 --> 00:01:35,920 He's frozen. Oh, I hear. 28 00:01:36,480 --> 00:01:37,480 Yeah. He's frozen, though. 29 00:01:39,200 --> 00:01:42,320 But there's a big, massive woman for Friday, right France? 30 00:01:43,800 --> 00:01:45,560 Oh yeah, Tyler, how you doing today? 31 00:01:46,960 --> 00:01:51,840 I'm good. It's like vacation week here in, 32 00:01:51,840 --> 00:01:54,120 in the States, 4th of July, whenever it's midweek, it feels 33 00:01:54,120 --> 00:01:55,360 like everyone's kind of taken off. 34 00:01:55,360 --> 00:01:57,480 So things are quiet. We're feeling good. 35 00:01:57,480 --> 00:02:01,920 We got some good inflation data trickling out here this morning. 36 00:02:02,360 --> 00:02:03,920 Pal's talking. We'll, we'll get into it. 37 00:02:03,920 --> 00:02:09,199 But man, like the set up for Q4 looks really, really strong, 38 00:02:09,840 --> 00:02:10,479 right? Q3. 39 00:02:10,520 --> 00:02:13,800 So so feeling even better. For Q4, for Q3? 40 00:02:16,040 --> 00:02:18,200 Based on what he's saying, it seems like the cuts aren't 41 00:02:18,200 --> 00:02:20,840 coming immediately soon, but they are. 42 00:02:20,840 --> 00:02:23,160 They're coming. All right, well, I guess I'm 43 00:02:23,160 --> 00:02:24,440 sure we're going to get into that. 44 00:02:24,440 --> 00:02:26,760 Let me see, Do we have I I think we got Mando back. 45 00:02:27,080 --> 00:02:30,080 Oh no, we got a duck back. You might have me back. 46 00:02:30,080 --> 00:02:32,440 Can you hear me? Yeah, but we we only see your 47 00:02:32,440 --> 00:02:33,960 duck. Yeah, I don't know if it's 48 00:02:33,960 --> 00:02:35,400 something wrong with my camera this time. 49 00:02:35,840 --> 00:02:37,200 I think. So yeah. 50 00:02:38,120 --> 00:02:40,400 Your internet's been OK, I think. 51 00:02:40,600 --> 00:02:43,440 I think your your duck is like really taking over here. 52 00:02:44,880 --> 00:02:50,400 We just see the duck. Yeah, this is just weird. 53 00:02:52,720 --> 00:02:56,160 My camera even looks fine. Just wanna just pass stream 54 00:02:56,160 --> 00:02:57,200 yard. We're on here. 55 00:02:59,320 --> 00:03:02,720 Oh fuck, we lost him again. Well, we're, we're definitely 56 00:03:02,720 --> 00:03:04,480 having some technical difficulties here. 57 00:03:04,680 --> 00:03:06,640 What's what? Let's try again. 58 00:03:08,160 --> 00:03:09,960 Oh. I'll just be the duck for a bit. 59 00:03:10,760 --> 00:03:11,920 What if you remove the background? 60 00:03:13,600 --> 00:03:16,240 I don't think it's that I. Don't know. 61 00:03:16,680 --> 00:03:18,880 I think if you try removing that background, we're going to see 62 00:03:18,880 --> 00:03:21,440 you. Just give it a shot. 63 00:03:21,960 --> 00:03:24,360 Yeah, I think if you remove and re add or something. 64 00:03:25,600 --> 00:03:27,200 Oh no, it's your camera. Yeah, you're right. 65 00:03:27,240 --> 00:03:30,560 It is a camera maybe. Pull the battery. 66 00:03:31,480 --> 00:03:34,000 Pull the battery and it might have overheated and locked up. 67 00:03:35,200 --> 00:03:37,280 Well, in the meantime, ladies and gentlemen, today on the show 68 00:03:37,280 --> 00:03:39,440 today, today market report as usual. 69 00:03:39,440 --> 00:03:41,240 Clearly we got some data numbers, so we're going to talk 70 00:03:41,240 --> 00:03:42,040 about that. The market. 71 00:03:42,040 --> 00:03:44,520 Listen, I I'm seeing mixed feelings on the timeline. 72 00:03:44,520 --> 00:03:46,880 I'm oh, there he is. There's the oh, but it's on the 73 00:03:46,880 --> 00:03:47,840 MacBook camera now. A MacBook. 74 00:03:48,360 --> 00:03:50,400 Camera, yeah. Whatever that'll do we see you 75 00:03:50,400 --> 00:03:55,040 right market market report. As usual, we're seeing a lot of 76 00:03:55,040 --> 00:03:57,800 mixed feelings on the timeline, but from what I see all the 77 00:03:57,800 --> 00:04:00,360 bears turned bullish overnight. I mean yesterday I saw a 78 00:04:00,360 --> 00:04:03,600 complete shift in attitudes from everybody calling for 40K 79 00:04:03,800 --> 00:04:06,760 suddenly calling for 80 plus. So I love to see it. 80 00:04:06,760 --> 00:04:11,240 Solano's doing great, so the boys vibing and then Tyler's top 81 00:04:11,240 --> 00:04:13,320 100. I'm sure Tyler's going to a ton 82 00:04:13,320 --> 00:04:18,760 of shit to go over with us today because the market seems to be 83 00:04:18,760 --> 00:04:21,160 heating and there seems to be a lot of stuff happening again, 84 00:04:21,160 --> 00:04:24,080 it's going to be a hot month. And last but not least, we have 85 00:04:24,080 --> 00:04:26,600 the Robic spin. So 2 lucky winners. 2 lucky 86 00:04:26,600 --> 00:04:30,280 winners who if that are live, you have to retweet the Twitter 87 00:04:30,280 --> 00:04:33,400 spaces, follow some hour and follow Robit on X. 88 00:04:33,520 --> 00:04:35,000 You can be selected to come and win. 89 00:04:35,280 --> 00:04:37,200 You know the the punks are are lower. 90 00:04:37,200 --> 00:04:40,440 So still a big chance to win punks is a ton of my ladies and 91 00:04:40,440 --> 00:04:42,440 again, a ton of red guys. So there's a lot of chances to 92 00:04:42,440 --> 00:04:44,280 win a lot of good stuff. So pick two people at the end of 93 00:04:44,280 --> 00:04:47,720 the of the of the show. And anyways, anyways, anyways, 94 00:04:47,960 --> 00:04:50,720 let's get right into it. Do we have we do have Mando's 95 00:04:50,720 --> 00:04:53,920 market report Cenk do it. Oh yeah. 96 00:05:02,480 --> 00:05:05,480 Can you dig it? Hello, everyone. 97 00:05:05,480 --> 00:05:09,280 So yeah, it's been a, I know over the last 24 hours it's been 98 00:05:09,280 --> 00:05:11,320 kind of unchanged. Solana has been slightly 99 00:05:11,320 --> 00:05:14,320 outperforming Ethan, Bitcoin is slightly lower. 100 00:05:15,200 --> 00:05:19,040 The like Parag says, the timeline has felt a little bit 101 00:05:19,040 --> 00:05:21,000 more positive over the last 24 hours. 102 00:05:21,000 --> 00:05:23,680 I don't really know why that is. To me, it still feels like we're 103 00:05:23,680 --> 00:05:25,640 in the chop. I said that I thought Solana 104 00:05:25,640 --> 00:05:29,160 would outperform. It kind of has, but I still 105 00:05:29,160 --> 00:05:31,840 feels like we're, we're here for a little bit of an extended, 106 00:05:32,320 --> 00:05:34,280 extended chop. We had a, we had the biggest 107 00:05:34,280 --> 00:05:37,480 inflow into the Bitcoin ETF in over a month yesterday, which 108 00:05:37,480 --> 00:05:42,120 was positive. And you've seen some whale 109 00:05:42,120 --> 00:05:45,000 buying by people like Mr. 100 and a couple of other large 110 00:05:45,000 --> 00:05:47,240 accounts. But I still think with all this 111 00:05:47,640 --> 00:05:49,760 selling from the German government, the US government 112 00:05:50,040 --> 00:05:52,760 and a few, few other pockets, it's tough for us to like rip at 113 00:05:52,760 --> 00:05:58,640 least on Bitcoin. Solana broke its monthly revenue 114 00:05:58,640 --> 00:06:03,640 record actually this month. It actually annualized close to 115 00:06:03,760 --> 00:06:06,920 over a billion dollars in revenue, which I thought was 116 00:06:06,920 --> 00:06:12,720 pretty wild and actually starts to come close to ETH, the L1, at 117 00:06:12,720 --> 00:06:17,200 least in terms of revenue there. So I think ETH is annualising 118 00:06:17,320 --> 00:06:20,680 just shy of 2 billion. So really does tell you that, 119 00:06:20,680 --> 00:06:24,080 yeah, Solana is starting to see a lot of value there, at least 120 00:06:24,080 --> 00:06:26,600 if you you're valuing it there. So I think people are getting 121 00:06:26,600 --> 00:06:28,280 more bullish on Solana. Obviously you've had all these 122 00:06:28,360 --> 00:06:31,080 other integrations over the last, over the last week, I've 123 00:06:31,080 --> 00:06:36,840 seen a lot more posts about how important Blink could be just as 124 00:06:36,840 --> 00:06:41,920 a, as a network on on top of X for various different things. 125 00:06:41,920 --> 00:06:43,680 So people are getting very, very bullish on that. 126 00:06:44,320 --> 00:06:47,480 And yeah, just just a bit bit of stronger sentiment there. 127 00:06:47,800 --> 00:06:51,160 Pump dot Fun is doing more revenue than anyone. 128 00:06:51,160 --> 00:06:54,400 Again, they did $2,000,000 of revenue yesterday. 129 00:06:55,120 --> 00:06:57,920 They're doing more volume revenue than Ethan Solana. 130 00:06:58,960 --> 00:07:04,440 So meme point season seems to be, you know, never never 131 00:07:04,440 --> 00:07:06,400 counted out. There's always another thing 132 00:07:06,400 --> 00:07:08,080 coming. There's always another celebrity 133 00:07:08,080 --> 00:07:13,680 with a with a coin to to to release yeah, it still feels 134 00:07:13,680 --> 00:07:16,200 like the pump dot fun streets are alive and well. 135 00:07:16,960 --> 00:07:21,960 So Solana seen the majority of that action obviously gets its 136 00:07:22,080 --> 00:07:25,080 own volumes pumped up. So definitely, definitely a 137 00:07:25,080 --> 00:07:27,320 strong period at least for that. And it's bounced. 138 00:07:27,760 --> 00:07:31,560 It's bounced a decent amount. Like if you look at it's sold 139 00:07:32,000 --> 00:07:39,080 and sold Bitcoin, it's moved about 20% from those recent lows 140 00:07:39,960 --> 00:07:42,280 at least like comparatively. So it's definitely been a big 141 00:07:42,280 --> 00:07:46,400 out performance there. But yeah, it's other than that, 142 00:07:46,400 --> 00:07:50,000 it's been a relatively relatively quiet 24 hours, like 143 00:07:50,800 --> 00:07:57,480 it's decent day of inflows. You had some expectations again 144 00:07:57,480 --> 00:07:59,920 for the ETTF, but it's just very difficult to say what's going to 145 00:07:59,920 --> 00:08:03,680 happen there. And then in, in the in Europe, 146 00:08:04,240 --> 00:08:10,680 you had circle get a get a license for USTC, which is quite 147 00:08:10,680 --> 00:08:12,600 a big deal. Tether hasn't even got one yet. 148 00:08:12,600 --> 00:08:15,560 This is, if you actually read into this, they're being pretty 149 00:08:15,560 --> 00:08:17,840 aggressive against stable coins in, in Europe. 150 00:08:19,720 --> 00:08:22,080 It's, it is a new set of regulation, but it's very, very 151 00:08:22,080 --> 00:08:24,840 restrictive. So you have to the stable coin 152 00:08:24,840 --> 00:08:27,240 for it actually to be usable in Europe, you have to have less 153 00:08:27,240 --> 00:08:30,760 than $200 million of transactions per day. 154 00:08:31,120 --> 00:08:35,080 And Circle and Tether breach that by factors. 155 00:08:35,440 --> 00:08:39,159 So I don't know how Circles managed to get this license, but 156 00:08:39,320 --> 00:08:41,400 the Mika is very restrictive in many different ways, 157 00:08:41,440 --> 00:08:44,920 particularly against self custody wallets or self custody 158 00:08:44,920 --> 00:08:46,840 transactions and also against these different stable coins. 159 00:08:46,840 --> 00:08:49,240 They've been very, very aggressive against any dollar 160 00:08:49,240 --> 00:08:51,320 stable coin. So to circle get this, it'll be 161 00:08:51,520 --> 00:08:53,200 it's pretty impressive. I don't know if Tether will even 162 00:08:53,200 --> 00:08:55,560 get one. Like that's how wild this could 163 00:08:55,560 --> 00:08:58,640 be for the use of Tether in the EU. 164 00:08:59,520 --> 00:09:02,280 They didn't get like they didn't get one on the announcement of 165 00:09:02,280 --> 00:09:03,840 this Mika. This has come 24 hours 166 00:09:03,920 --> 00:09:05,840 afterwards. So, and I don't know how they've 167 00:09:05,840 --> 00:09:09,720 done it, but basically Mika says that if your, if your dollar 168 00:09:09,720 --> 00:09:12,400 stable coin trades more than $200 million, it's a threat to 169 00:09:12,400 --> 00:09:14,120 the, it's a threat to the. Euro. 170 00:09:15,760 --> 00:09:17,160 And. Interesting. 171 00:09:17,800 --> 00:09:20,560 So we're going to see like a rise of a lot of smaller 172 00:09:20,560 --> 00:09:25,320 different coins in my opinion. And the use of tethering in 173 00:09:25,320 --> 00:09:27,920 Europe could be very, very limited. 174 00:09:28,120 --> 00:09:30,120 Very limited do. You. 175 00:09:30,320 --> 00:09:33,360 Think because they included the EURC as as a part of this. 176 00:09:35,360 --> 00:09:37,400 Well, that's part of it. Like they're they're trying to 177 00:09:37,400 --> 00:09:39,960 encourage the use of euro based stable coins. 178 00:09:40,440 --> 00:09:43,560 But again, even though euro based stable coins, there are 179 00:09:43,560 --> 00:09:44,960 limits on them. One thing I would say about 180 00:09:44,960 --> 00:09:50,640 Mika, it is broad and they have actually brought in regulation 181 00:09:50,640 --> 00:09:53,480 way before the US. This is the sort of regulation 182 00:09:53,720 --> 00:09:56,040 that people have been asking for in the US, but it's very 183 00:09:56,040 --> 00:09:59,040 restrictive. It's very restrictive and also 184 00:09:59,200 --> 00:10:01,560 slightly nonsensical as is often the case in the EU. 185 00:10:01,560 --> 00:10:06,040 Like it's, it's one step forward, 2 steps back, maybe 186 00:10:06,040 --> 00:10:07,880 three steps back at certain stages. 187 00:10:07,880 --> 00:10:10,320 Like you just don't really know why they've done what you've 188 00:10:10,360 --> 00:10:12,920 done. Like to even do a transaction 189 00:10:12,920 --> 00:10:17,000 over I think €1000 in a self custody wallet, you might have 190 00:10:17,000 --> 00:10:21,040 to self report it separately. Like you're not able to make 191 00:10:21,040 --> 00:10:28,560 transfers to non non identified wallets or receive money from 192 00:10:28,560 --> 00:10:30,280 them. Does that make so like you can't 193 00:10:30,280 --> 00:10:33,040 just you need to be labeling everything and they need to be 194 00:10:33,160 --> 00:10:35,560 signed. So it's very, very restrictive 195 00:10:35,560 --> 00:10:40,600 for D5 or you know, if you've got like 100 wallets, it's 196 00:10:40,600 --> 00:10:44,240 difficult. And yeah, they're really 197 00:10:44,240 --> 00:10:46,880 cracking down it. So what we'll be interesting to 198 00:10:46,880 --> 00:10:50,440 see is how how this actually gets enacted. 199 00:10:51,440 --> 00:10:53,040 E us great at writing regulation. 200 00:10:53,040 --> 00:10:54,680 It's not that great at like following up with what the 201 00:10:54,680 --> 00:10:58,240 Hell's going on, particularly at like the local level. 202 00:10:58,280 --> 00:11:01,000 Like I don't know if if you're living in Portugal or you're 203 00:11:01,000 --> 00:11:05,480 living in Greece or are they really following up on this to 204 00:11:05,480 --> 00:11:08,800 the extent that they need to be. But it is quite a broad and 205 00:11:08,800 --> 00:11:11,600 restrictive policy for institutional players who want 206 00:11:11,600 --> 00:11:13,440 to be big. I don't know how it all really, 207 00:11:14,040 --> 00:11:18,160 if it will really affect the day-to-day user, or at least it 208 00:11:18,160 --> 00:11:19,680 will be followed by the day-to-day user, but it'll 209 00:11:19,680 --> 00:11:21,760 definitely be followed by some of the big institutions, and 210 00:11:22,920 --> 00:11:25,040 Circle may be one of the only people to get a stable corn 211 00:11:25,040 --> 00:11:27,040 license here. Wow. 212 00:11:27,480 --> 00:11:29,000 I mean, it's still really big news, right? 213 00:11:29,160 --> 00:11:31,840 It's I saw that yesterday. It was like, wow, I read Jeremy 214 00:11:31,840 --> 00:11:33,960 Aller's tweet. I think he's the CEO. 215 00:11:35,080 --> 00:11:36,800 Didn't we? Didn't we even hear him speak in 216 00:11:36,800 --> 00:11:40,240 Davos earlier this year? Yeah, Mando, remember when he 217 00:11:40,240 --> 00:11:43,400 walked in? He was at this Spence cooking 218 00:11:43,400 --> 00:11:46,960 bro Circle is cool. Some sacrifices in Davos and 219 00:11:46,960 --> 00:11:47,840 then and then got the. License. 220 00:11:47,840 --> 00:11:49,560 Yeah, yeah, yeah, he was out there, dude. 221 00:11:49,880 --> 00:11:52,080 I mean, you were asking how. That's why I'm bringing it up. 222 00:11:52,280 --> 00:11:54,000 Like you were saying. How did he get it? 223 00:11:54,400 --> 00:11:55,920 He wasn't Davos. So he's. 224 00:11:56,920 --> 00:12:00,160 We we weren't invited to the sacrificial parties. 225 00:12:00,760 --> 00:12:02,760 We were. We were stuck in battery gas. 226 00:12:05,600 --> 00:12:12,480 What a night, right. But the the sacrificial Mando 227 00:12:12,480 --> 00:12:15,960 Locksley and and our friend like just in the 6000 person fucking 228 00:12:15,960 --> 00:12:19,360 village 45 minutes out of Davos sending it. 229 00:12:21,960 --> 00:12:25,960 The Vegas of Switzerland. Fabric gas the Vegas of 230 00:12:25,960 --> 00:12:29,200 Switzerland. Meanwhile, meanwhile, the the 231 00:12:29,240 --> 00:12:33,120 sacrificial parties are going down in circle gets the fucking 232 00:12:33,120 --> 00:12:35,400 Mika. I mean, let's go, let's go. 233 00:12:35,400 --> 00:12:37,840 I know we're not talking about your favorite influencer Mika. 234 00:12:37,840 --> 00:12:40,080 We're talking about Mika, the MICA, OK. 235 00:12:41,560 --> 00:12:43,320 Anyways, look, the market looks good. 236 00:12:43,320 --> 00:12:46,320 I mean, I'm not going to ask you how you feel, Mando, because 237 00:12:46,320 --> 00:12:49,080 then you feel very bullish, right? 238 00:12:49,680 --> 00:12:51,640 I'm always bullish, man. I'm always bullish. 239 00:12:51,640 --> 00:12:53,360 You've seen the place you start to come down. 240 00:12:53,360 --> 00:12:56,560 I think, I think it's going to be difficult to rally 241 00:12:56,560 --> 00:12:59,360 aggressively with, with this Bitcoin out there. 242 00:12:59,840 --> 00:13:02,960 But I also think it's difficult to work out because you just 243 00:13:02,960 --> 00:13:05,680 don't know who's known about this and for how long. 244 00:13:05,680 --> 00:13:09,000 So maybe we've already reacted to it and maybe we have a bit 245 00:13:09,000 --> 00:13:12,800 more about I'm bullish on Solana right now, like more bullish 246 00:13:12,800 --> 00:13:16,560 than I have been for a while. Like I think it can continue to 247 00:13:16,560 --> 00:13:19,280 deliver new things and it's bouncing. 248 00:13:19,320 --> 00:13:21,280 It bounced quite nicely from that level of support. 249 00:13:21,280 --> 00:13:24,840 And I personally think it can kind of be on his own plane for 250 00:13:24,840 --> 00:13:27,600 a little bit. So if I was to own one of the 251 00:13:27,600 --> 00:13:33,320 majors, it would be Solana right now if I would buy it on any dip 252 00:13:33,320 --> 00:13:35,600 from the ETF because I do think they'll see inflows. 253 00:13:35,600 --> 00:13:39,480 I think they'll see probably in the low single digits this year, 254 00:13:40,040 --> 00:13:42,040 which I think would be a good buying opportunity anyway. 255 00:13:43,200 --> 00:13:48,240 But but yeah, Bitcoin, Bitcoin feels like dominance might drift 256 00:13:48,240 --> 00:13:49,200 slightly lower. I don't know. 257 00:13:50,440 --> 00:13:53,360 Yeah, I guess, I guess we'll see where that goes. 258 00:13:53,360 --> 00:13:57,040 I mean, Speaking of macro, Tyler, while earlier when Mando 259 00:13:57,040 --> 00:13:58,840 was kind of rugged, you talked, we said we got an inflation 260 00:13:58,840 --> 00:14:03,000 number, was it this morning? I think I saw on Mando's page 261 00:14:03,000 --> 00:14:07,600 that like the true inflation numbers showed almost like 1.8% 262 00:14:07,680 --> 00:14:12,640 year over year for the, the USI think Europe maybe was a, a 263 00:14:12,640 --> 00:14:15,600 touch higher. And then Powell started speaking 264 00:14:15,600 --> 00:14:19,840 this morning. Walter Bloomberg D1 on, on X has 265 00:14:19,840 --> 00:14:22,680 kind of been live tweeting it. So he, he, he got off to a 266 00:14:22,680 --> 00:14:25,280 strong start, got my opium through the roof. 267 00:14:25,280 --> 00:14:28,000 And then he came back a little bit, but he opened up by saying 268 00:14:28,000 --> 00:14:32,480 labor market's still strong. This inflation trend is showing 269 00:14:32,480 --> 00:14:35,520 signs of resuming. So inflation going down, saying 270 00:14:35,520 --> 00:14:38,480 they made it quite a bit of progress, but he needs to be 271 00:14:38,480 --> 00:14:42,160 more confident before reducing any policy rates. 272 00:14:42,360 --> 00:14:46,280 He is aware of the risk of going too soon and too late, which 273 00:14:46,280 --> 00:14:48,640 also got the hopes back up. But then now he's saying 274 00:14:48,640 --> 00:14:51,840 inflation may get back to 2% late next year or the following 275 00:14:51,840 --> 00:14:53,760 year. I don't know that that that felt 276 00:14:53,760 --> 00:14:57,400 a little far off to me. So that one's throwing me off a 277 00:14:57,400 --> 00:15:00,720 bit. But it seems like they want more 278 00:15:00,720 --> 00:15:03,240 evidence of falling inflation before any rate cuts. 279 00:15:03,240 --> 00:15:05,640 To me, it's like reading the tea leaves. 280 00:15:06,960 --> 00:15:09,360 They're not coming in the next few months, but I still think 281 00:15:09,360 --> 00:15:11,760 like what November where a lot of folks have the have the 282 00:15:11,760 --> 00:15:15,720 target, perhaps pre election. It feels very live and I haven't 283 00:15:15,720 --> 00:15:18,040 I haven't seen the the live markets here this morning to see 284 00:15:18,040 --> 00:15:22,200 how how they've moved. But I mean it's positive signs 285 00:15:22,840 --> 00:15:26,840 and into the election cycle feels like a good set up. 286 00:15:27,400 --> 00:15:29,960 We had, we had, we had EU inflation today, which came in 287 00:15:29,960 --> 00:15:32,520 slightly below expectations, which is good. 288 00:15:33,040 --> 00:15:35,880 And and that true inflation figure comes out every day 289 00:15:35,880 --> 00:15:38,680 actually, but it's it's, it's low. 290 00:15:39,280 --> 00:15:41,680 Basically what we're showing, showing is that inflation's come 291 00:15:41,680 --> 00:15:45,120 down a lot. So. 292 00:15:46,880 --> 00:15:49,840 It kind of lines up to me like what I see like when I go like, 293 00:15:50,000 --> 00:15:52,880 yes, prices are much higher than they were last. 294 00:15:53,600 --> 00:15:56,200 I think like they're not continuing to spike. 295 00:15:56,480 --> 00:15:59,920 It's like I feel like we've kind of hit like a new steady step to 296 00:15:59,920 --> 00:16:02,520 a degree, at least anecdotally, that's how I feel. 297 00:16:03,880 --> 00:16:05,520 There was a good piece actually in the Wall Street channel. 298 00:16:06,120 --> 00:16:09,080 One of these financial publications was actually 299 00:16:09,080 --> 00:16:12,520 talking about how, yes, there's been massive increase in 300 00:16:12,520 --> 00:16:16,800 consumer price inflation over the last three years, let's say, 301 00:16:17,080 --> 00:16:21,480 but actually wage inflation has kept up almost completely. 302 00:16:21,800 --> 00:16:27,480 So wage inflation is at 21% over that period and consumer price 303 00:16:27,480 --> 00:16:29,520 inflation is around 20%. Wage inflation is actually 304 00:16:29,520 --> 00:16:32,000 slightly higher. Now, that's not for all jobs, 305 00:16:32,000 --> 00:16:35,680 whatever, but it is interesting to see that wages have actually 306 00:16:35,680 --> 00:16:39,600 kept up with with prices. But people, but what people do, 307 00:16:39,600 --> 00:16:40,800 they naturally discount their way. 308 00:16:40,800 --> 00:16:43,600 They think their wages have gone up because they're better and 309 00:16:43,600 --> 00:16:46,920 they think that prices have gone up unfairly. 310 00:16:47,080 --> 00:16:49,000 So they they never really do that math. 311 00:16:49,520 --> 00:16:52,080 But yeah, apparently, apparently they've kind of matched. 312 00:16:53,920 --> 00:16:56,400 OK. I mean, I guess we'll see where 313 00:16:56,400 --> 00:16:59,120 that goes, but we're still looking not that bad. 314 00:16:59,120 --> 00:17:00,280 We're still looking not that bad. 315 00:17:00,280 --> 00:17:03,440 We're just hanging there chilling until they finally get 316 00:17:03,440 --> 00:17:06,400 that shit done. Anyways, Tyler, what do you got 317 00:17:06,400 --> 00:17:07,200 for us today? What? 318 00:17:07,240 --> 00:17:08,920 I feel like there's a lot to talk, obviously a lot of polka 319 00:17:08,920 --> 00:17:11,560 dot stuff going on. I know Mando, you, you said that 320 00:17:11,560 --> 00:17:14,560 in the chat, so I'm assuming that's in the top 100 today. 321 00:17:14,800 --> 00:17:17,760 I'm I'm a polka dot influencer. That's that's what I've decided. 322 00:17:17,760 --> 00:17:21,560 Bro 300 KA month sign me the fuck up I. 323 00:17:22,040 --> 00:17:24,079 Let's get into polka dot here before I before I go. 324 00:17:24,200 --> 00:17:26,839 Let's get into the let's get. OK, fine, let's talk about this 325 00:17:26,839 --> 00:17:28,840 polka dot stuff first, then shoot the Jingle. 326 00:17:28,960 --> 00:17:31,280 Then let's talk about what's going on, because that's all our 327 00:17:31,280 --> 00:17:33,920 timeline. I mean, So what, what's, what's 328 00:17:33,920 --> 00:17:36,600 the, what's going on? So 37 what, what happened? 329 00:17:36,600 --> 00:17:39,680 Something leaked. So. 330 00:17:41,320 --> 00:17:43,640 It's, it's actually that, that, that they released these 331 00:17:43,640 --> 00:17:47,760 figures, right? They released these, I guess 332 00:17:47,760 --> 00:17:49,600 it's like their budget figures. I don't know exactly how they 333 00:17:49,600 --> 00:17:51,680 released it. Defi Ignis has gone viral for 334 00:17:51,680 --> 00:17:55,720 for sharing the information that they've spent $37,000,000 in 335 00:17:55,720 --> 00:18:00,240 outreach during the first half of 2024. 10 million on ads and 336 00:18:00,240 --> 00:18:04,040 sponsorships, 4.4 million on influencers, 4 million on 337 00:18:04,040 --> 00:18:06,760 digital ads. They go through it and get into 338 00:18:06,760 --> 00:18:11,200 more detail on some of these, but I think that the big take 339 00:18:11,200 --> 00:18:14,320 away is for most, at least for me, I have not seen polka dot on 340 00:18:14,320 --> 00:18:18,560 my timeline at all this year. And I and I'm addicted to this 341 00:18:18,560 --> 00:18:20,920 app. I spend 12 hours a day on this 342 00:18:20,920 --> 00:18:23,800 app. I I see no polka dot coverage. 343 00:18:23,800 --> 00:18:26,160 So like where, where is this money being spent? 344 00:18:26,520 --> 00:18:30,320 Like it's not in in this sector of crypto Twitter that that I'm 345 00:18:30,320 --> 00:18:32,720 in at at least. And I'm curious if if you guys 346 00:18:32,720 --> 00:18:34,880 see it. I sent the I sent. 347 00:18:34,880 --> 00:18:38,640 The Oh my God, what? And it gives all the information 348 00:18:38,640 --> 00:18:45,160 about what what so influences the maybe MA one or there's one 349 00:18:45,160 --> 00:18:47,200 called like dot army I was looking at and I didn't, I 350 00:18:47,200 --> 00:18:49,240 didn't know like one person on it. 351 00:18:49,840 --> 00:18:52,360 But yeah, they they have all all this. 352 00:18:54,600 --> 00:18:57,960 There it is, dot army. So we see who's in the dot army. 353 00:18:58,440 --> 00:19:00,760 Yeah, this is it, right? I just don't know these people. 354 00:19:00,760 --> 00:19:02,560 It's not like I'm sitting here going like, oh, what? 355 00:19:02,600 --> 00:19:07,600 He's a grifter. It's like, oh, OK, like I guess 356 00:19:07,600 --> 00:19:10,120 that person's known. Let's click on like a random 357 00:19:10,120 --> 00:19:12,720 one. I don't recognize a single name 358 00:19:12,720 --> 00:19:17,280 on that list. 12,000 followers. Yeah, this is the thing about 359 00:19:17,280 --> 00:19:19,680 crypto, like I know this from my DMS. 360 00:19:19,880 --> 00:19:22,600 The amount of people that are on here was just like 50,000 361 00:19:22,600 --> 00:19:24,800 followers and you're just like what? 362 00:19:24,840 --> 00:19:28,280 Like who are you? Anti communist Christ follower 363 00:19:28,280 --> 00:19:29,760 and a crypto miner. That's what he is, yeah. 364 00:19:30,120 --> 00:19:38,920 That's 300 grand. 300 yeah, polka dot if you guys want to 365 00:19:38,920 --> 00:19:41,760 sponsor the show for $300,000 a month. 366 00:19:41,760 --> 00:19:43,720 I mean, you got all three of us in one shot. 367 00:19:44,320 --> 00:19:46,760 We should change the the show title, you know? 368 00:19:46,800 --> 00:19:47,760 Yeah. I agree. 369 00:19:48,040 --> 00:19:50,720 What or dot hour? Yeah, like. 370 00:19:51,600 --> 00:19:52,600 What's going on in polka dot there? 371 00:19:52,640 --> 00:19:55,040 Guys, oh, you know, we're about to bounce back. 372 00:19:55,120 --> 00:19:58,320 I can feel it. The the the dot hour, right? 373 00:20:00,360 --> 00:20:03,160 I mean, what does the polka dot chart even look like? 374 00:20:03,160 --> 00:20:04,480 Like what's polka dot? I haven't. 375 00:20:04,720 --> 00:20:06,640 You know who has cycle what you know who has. 376 00:20:07,000 --> 00:20:11,120 To make cap capo is you paid. I saw that. 377 00:20:12,400 --> 00:20:16,200 We should we should his tweets to see where where it's doing. 378 00:20:17,720 --> 00:20:19,520 Let's see. I mean, let's go here and let's 379 00:20:19,520 --> 00:20:23,000 go crypto cap. What's his username? 380 00:20:23,000 --> 00:20:31,720 Crypto capo under score and you go polka dot and then OK, so he 381 00:20:31,720 --> 00:20:35,200 made $4 million apparently. Well, we don't know. 382 00:20:35,480 --> 00:20:36,840 I doubt it. I doubt he was. 383 00:20:36,960 --> 00:20:39,120 He was. There it is, there's the post, 384 00:20:40,080 --> 00:20:41,400 right? At least he disclosed it. 385 00:20:41,480 --> 00:20:45,360 So there you go. So he didn't do he didn't do 386 00:20:45,360 --> 00:20:46,640 shit wrong. I mean, he got paid. 387 00:20:46,840 --> 00:20:51,600 Actually, he's a fucking genius. He probably got $1,000,000 for 388 00:20:51,600 --> 00:20:54,200 that post cause Capo puts like Elon Musk numbers on the 389 00:20:54,200 --> 00:20:57,040 scoreboard. So if anything, he's worth it. 390 00:20:57,960 --> 00:21:00,240 You know what I mean? Like if anything, this 391 00:21:00,240 --> 00:21:02,240 motherfucker's worth the money. Well, let's see. 392 00:21:02,480 --> 00:21:06,080 So he posted this dude, this is wild. 393 00:21:06,080 --> 00:21:07,280 I. Mean in their defense, I mean, 394 00:21:07,280 --> 00:21:11,360 it it if it spiked in Q1, I guess that's where they were 395 00:21:11,360 --> 00:21:13,440 spending their money. Like it doubled. 396 00:21:14,200 --> 00:21:18,520 It doubled, yeah. It's still a 9 billion token 397 00:21:18,520 --> 00:21:21,200 like guys, this is still like a top, it must be top token, 398 00:21:21,200 --> 00:21:21,760 right? Like it's. 399 00:21:21,840 --> 00:21:26,960 Not four, it's 14, I'm saying. Yeah, wow, so the the you see 400 00:21:26,960 --> 00:21:30,360 that if you go on to coin market cap or coin gecko Oka dot have 401 00:21:30,360 --> 00:21:33,520 this special fiery icon. Have you seen this? 402 00:21:34,280 --> 00:21:39,080 Oh yes, half a million, half, $1,000,000, half a million, 403 00:21:39,080 --> 00:21:41,400 guys, I saw that polka dot. Paid. 404 00:21:41,880 --> 00:21:43,800 Was it half a million? Oh wow, wow. 405 00:21:43,920 --> 00:21:47,320 Polka dot Paid Coin market cap half $1,000,000 to put an 406 00:21:47,400 --> 00:21:51,080 animated logo on the home page. The look at. 407 00:21:51,520 --> 00:21:56,960 Look at that animation. I mean, hey, if the is is our 408 00:21:56,960 --> 00:22:01,600 head of partnerships listening? No, they're not. 409 00:22:02,560 --> 00:22:04,080 Bernie, you're listening to the show right now. 410 00:22:04,080 --> 00:22:05,600 You're in charge of the film of our partnerships. 411 00:22:06,080 --> 00:22:07,640 Get to work. What the fuck? 412 00:22:07,880 --> 00:22:11,000 Bernie's not getting us half $1,000,000 sponsorships for like 413 00:22:11,000 --> 00:22:15,280 an animated logo on a on a show. Well, I think The thing is 414 00:22:15,280 --> 00:22:17,440 people are getting annoyed. Obviously this isn't overspent. 415 00:22:17,440 --> 00:22:19,400 But the other thing is that they've only got 2 years of 416 00:22:19,400 --> 00:22:23,560 runway at this spend, right? So they've, they're burning to 417 00:22:23,560 --> 00:22:26,640 all of their dot treasury on this stuff. 418 00:22:26,640 --> 00:22:29,520 OK, that's ridiculous. Like they've spent all this 419 00:22:29,520 --> 00:22:32,360 money and yeah, they've only got 2 years of runway. 420 00:22:32,360 --> 00:22:36,680 So it's crazy like how much money, I mean, crypto is like 421 00:22:36,680 --> 00:22:40,720 this, like people make money out of nothing and then they spend 422 00:22:40,720 --> 00:22:44,160 it like it's going out of fashion. 423 00:22:44,160 --> 00:22:45,920 Like it's just crazy. Some of the marketing spends of 424 00:22:45,920 --> 00:22:47,840 this this stuff. Some of the spend here makes 425 00:22:47,840 --> 00:22:49,840 sense, right? Like I, I actually know some of 426 00:22:49,840 --> 00:22:52,760 the companies being like there's one for defiant chain wire this 427 00:22:52,760 --> 00:22:57,520 stuff like, oh, look, there's a, there's a decrypt here decrypt 428 00:22:57,520 --> 00:22:59,040 for an article. Look at that. 429 00:22:59,040 --> 00:23:00,480 It's one of the one of the invoices. 430 00:23:01,000 --> 00:23:06,160 Was it 2020? That's from interesting. 431 00:23:08,200 --> 00:23:11,320 Let's let's pull you up. Hey, let's do a refresh on this 432 00:23:11,320 --> 00:23:13,040 one. What? 433 00:23:13,640 --> 00:23:15,120 Let's do a refresh on this article. 434 00:23:16,160 --> 00:23:20,840 Let's go upset, dude. Fuck pay to play, pay to play is 435 00:23:20,840 --> 00:23:23,640 the name of but that's I mean, the media model is broken, 436 00:23:23,640 --> 00:23:25,520 right, because the media model is that's why media is going to 437 00:23:25,520 --> 00:23:28,160 fucking zero, right, because it's all pay to play in 438 00:23:28,160 --> 00:23:31,480 sponsorships and you everybody, I mean, everybody needs 439 00:23:31,480 --> 00:23:34,120 everybody needs like a polka dot to come in. 440 00:23:34,360 --> 00:23:36,680 And that's why this shit is broken, right, Because without 441 00:23:36,680 --> 00:23:39,880 the polka dots spending all the money like that, then most media 442 00:23:39,880 --> 00:23:41,760 companies can't sustain themselves, right. 443 00:23:41,920 --> 00:23:45,240 But tokenization fixes this. But you know that just but the 444 00:23:45,240 --> 00:23:47,240 problem in the crypto is that a lot of these companies raise a 445 00:23:47,240 --> 00:23:48,840 ton of money. We see it in NFTS too, right? 446 00:23:49,320 --> 00:23:52,600 And they just have no understanding of how to spend 447 00:23:52,600 --> 00:23:54,680 money. And we, how many companies have 448 00:23:54,680 --> 00:23:59,080 we seen Mando burn through their treasuries and just spend a fuck 449 00:23:59,080 --> 00:24:01,520 load of money on nothing, right? So I think that's what it's 450 00:24:01,520 --> 00:24:05,320 pointing out less that, yes, everybody does the same thing, 451 00:24:05,440 --> 00:24:10,960 but more of that, well, every more like, you know, it's just 452 00:24:10,960 --> 00:24:12,960 going to like a bunch of absurd places. 453 00:24:13,280 --> 00:24:16,480 But $37 million on marketing, that's impressive. 454 00:24:17,240 --> 00:24:19,720 That is impressive, I have to say. 455 00:24:20,320 --> 00:24:22,680 There's nothing going on in polka dot, right? 456 00:24:22,960 --> 00:24:26,080 Well, I don't know, but I don't think there's anything I've 457 00:24:26,080 --> 00:24:30,040 heard of for a year. So they have power chains and 458 00:24:30,040 --> 00:24:33,920 that being like it's a new thing, but then they all raised 459 00:24:33,920 --> 00:24:36,320 at ridiculous levels and they all basically failed. 460 00:24:37,120 --> 00:24:39,160 You know what's interesting? So when, when I first like 461 00:24:39,200 --> 00:24:44,040 entered crypto more seriously in in late 2020, early 2021, polka 462 00:24:44,040 --> 00:24:47,360 dot was one of my first purchases after like Bitcoin and 463 00:24:47,480 --> 00:24:50,000 ETH 'cause I saw like the pair of chain information. 464 00:24:50,000 --> 00:24:53,680 It was on my timeline like organically a decent amount. 465 00:24:53,680 --> 00:24:55,160 Like, OK, I'll, I'll dabble in this. 466 00:24:55,160 --> 00:24:57,040 Like the, the, the thesis makes sense. 467 00:24:57,880 --> 00:25:00,320 I didn't hold super long, but I think my my point is I feel 468 00:25:00,800 --> 00:25:03,200 organically on the timeline. Love this. 469 00:25:03,280 --> 00:25:07,880 Now it's it's dropped off. That is the best GM tweet they 470 00:25:07,880 --> 00:25:11,680 could have posted though. Yes, like that, whoever you. 471 00:25:12,200 --> 00:25:15,640 Have to get in front of the. Floor, I have to say that is the 472 00:25:15,680 --> 00:25:18,400 best post they could have made this morning. 473 00:25:18,480 --> 00:25:22,040 So whoever's the intern there, you have the chance to become a 474 00:25:22,040 --> 00:25:25,720 fucking legend right now, because that is arguably some of 475 00:25:25,720 --> 00:25:28,280 the best replies I've seen. I mean, let's see some of their 476 00:25:28,680 --> 00:25:30,200 no pressure. We love you, yes. 477 00:25:31,000 --> 00:25:32,280 Yeah, we. Yeah, let's go. 478 00:25:33,840 --> 00:25:35,560 We'll send it. I mean, we'll, we'll help you, 479 00:25:35,680 --> 00:25:38,200 but you're right, like I just back when I, I got into crypto 2 480 00:25:38,200 --> 00:25:40,160 Tyler, like it was like polka dot polka dot polka dot poke. 481 00:25:40,160 --> 00:25:41,320 It's futurist. The next Ethereum. 482 00:25:41,320 --> 00:25:42,840 It's next. I didn't hear the people say 483 00:25:42,840 --> 00:25:46,120 it's the next Ethereum. And then like I never saw 484 00:25:46,120 --> 00:25:47,640 anything actually come out of it. 485 00:25:47,640 --> 00:25:50,400 But hey, listen, it is what it is. 486 00:25:50,400 --> 00:25:52,320 You know, they, they, they, hey, listen, they can spend the money 487 00:25:52,320 --> 00:25:53,840 how they want it. You know, whether it works or 488 00:25:53,840 --> 00:25:56,760 not, you know, it'll it'll just cost them at the end of the day, 489 00:25:56,760 --> 00:25:58,280 right. If they want to overpay people, 490 00:25:58,280 --> 00:26:00,320 then let them overpay people. It's not the first. 491 00:26:00,480 --> 00:26:04,080 You guys would be surprised how many companies that you all 492 00:26:04,080 --> 00:26:07,840 probably know, you know, have overspent and, you know, spent 493 00:26:07,840 --> 00:26:09,360 money on stupid shit in the search. 494 00:26:09,360 --> 00:26:10,600 But anyways, I thought that was interesting. 495 00:26:10,600 --> 00:26:12,920 But Tyler, let's get to your top 100. 496 00:26:12,920 --> 00:26:15,600 What do you got for us today? Yeah, we'll go top eight today. 497 00:26:15,600 --> 00:26:18,640 So, so first we covered it already, but Circle, they land 498 00:26:18,640 --> 00:26:21,880 the first license under the Mika framework to launch USDC and 499 00:26:21,880 --> 00:26:25,080 EURC in Europe. That was the big headline. 500 00:26:25,240 --> 00:26:27,880 We've got Coinbase Prime. They want a contract to manage 501 00:26:27,880 --> 00:26:31,520 and facilitate the US Marshals crypto storage and liquidation, 502 00:26:31,960 --> 00:26:34,680 aiming to streamline management processes tied to the government 503 00:26:34,680 --> 00:26:38,000 forfeiture programs. This is interesting and ironic 504 00:26:38,000 --> 00:26:42,120 given that the SEC is an active lawsuit with Coinbase at at the 505 00:26:42,120 --> 00:26:44,000 same time here we've got Vitalik. 506 00:26:44,320 --> 00:26:47,560 He spoke up saying prediction markets and community notes are, 507 00:26:47,560 --> 00:26:50,640 and I'm quoting here, the two flagship social epistemic 508 00:26:50,640 --> 00:26:54,160 technologies of the 2020. So big endorsement there from 509 00:26:54,160 --> 00:26:56,960 Vitalik Jupiter. They're launching an updated 510 00:26:56,960 --> 00:27:00,320 road map including two token launches and three votes coming 511 00:27:00,320 --> 00:27:02,960 this summer. So a big couple of months coming 512 00:27:02,960 --> 00:27:06,560 up for Jupiter Margin Fi, a little bit of surprise twist 513 00:27:06,560 --> 00:27:08,080 here. They shared plans for this 514 00:27:08,080 --> 00:27:12,280 margin swap, allowing traders to go long or short meme coins with 515 00:27:12,320 --> 00:27:13,920 leverage. I don't know that we've seen 516 00:27:13,920 --> 00:27:17,760 that yet. Over in Blast, TVL has fallen by 517 00:27:17,760 --> 00:27:21,760 about $1 billion. While everyone awaits Season 2 518 00:27:21,760 --> 00:27:24,400 incentives and whether or not they are coming this week, they 519 00:27:24,400 --> 00:27:28,360 did not come yesterday. In NFT land, Pudgy Penguins 520 00:27:28,360 --> 00:27:34,600 soaring to 12.6 ETH overnight, leading a green NFT board. 521 00:27:34,600 --> 00:27:36,560 You love to see it and meme coins. 522 00:27:36,560 --> 00:27:41,200 It was Billy Day, the cute dog soared 100% to $120 million 523 00:27:41,200 --> 00:27:44,120 market cap and a fresh new all time high. 524 00:27:44,120 --> 00:27:48,400 We saw bone a surprising rally 30% after Biden's odds are 525 00:27:48,400 --> 00:27:52,960 dropping out have fallen back to 34% on Poly market and then giga 526 00:27:52,960 --> 00:27:58,800 was the other story here briefly searched 380 Mike Hern tweet are 527 00:27:58,840 --> 00:28:01,960 falling back to 60 million. But there is a Wick that people 528 00:28:01,960 --> 00:28:05,440 say now is filled. So that's that, the quick run 529 00:28:05,440 --> 00:28:07,960 down there. It's always good when a meme 530 00:28:07,960 --> 00:28:10,800 coin has a Wick to fill. Like I feel like that's part of 531 00:28:10,800 --> 00:28:12,480 the concept. It's part of the narrative. 532 00:28:12,480 --> 00:28:16,440 Like you got to have a Wick to fill or else you may never like 533 00:28:16,440 --> 00:28:18,120 get to it. I mean, let's talk about this 534 00:28:18,120 --> 00:28:19,240 for a second. I'm trying to get my desk 535 00:28:19,240 --> 00:28:21,320 Screener loading this Billy token dude. 536 00:28:21,600 --> 00:28:25,000 I, I completely missed it because that's exactly when I 537 00:28:25,000 --> 00:28:28,120 was in South of France. I mean, that thing's going is, 538 00:28:28,120 --> 00:28:31,000 is Bay 16 Z like the face of that or something? 539 00:28:31,000 --> 00:28:32,240 Like I see him tweeting about it. 540 00:28:32,600 --> 00:28:34,560 Is that is he kind of like the Messiah for it? 541 00:28:34,880 --> 00:28:37,560 I think he's the biggest one, Siz reminded me. 542 00:28:37,560 --> 00:28:40,160 I forgot that there was like a there was a community takeover 543 00:28:40,880 --> 00:28:42,360 maybe did last week, a couple weeks ago. 544 00:28:42,360 --> 00:28:45,480 I think Ming Dynasty is plugged in on it. 545 00:28:45,680 --> 00:28:47,920 You know, I, I actually disclosure, I did buy into this 546 00:28:47,920 --> 00:28:49,200 yesterday. I was taking a look at the terms 547 00:28:49,200 --> 00:28:51,800 of God, this thing looks like it's going to going to run. 548 00:28:51,880 --> 00:28:55,560 So so I did pile into this a bit yesterday. 549 00:28:57,640 --> 00:29:01,120 It's it it feels like the smart kind of wants to go back to its 550 00:29:01,120 --> 00:29:03,680 its roots, roots and quotes roots being like cat and dog 551 00:29:03,680 --> 00:29:08,240 coins and like these cute simple animals are are the ones that 552 00:29:08,440 --> 00:29:10,920 like the simpler memes seem to be the ones outperforming right 553 00:29:10,920 --> 00:29:14,040 right now, compared to like the sled meta, which feels like it 554 00:29:14,040 --> 00:29:16,680 has, you know, lost a bit of steam, even though we saw hero 555 00:29:16,680 --> 00:29:20,480 go nuts just yesterday. How about Billy Chart? 556 00:29:20,480 --> 00:29:23,400 Looks good. Yeah, that is it. 557 00:29:23,440 --> 00:29:26,720 All it all spiralled off of that Binance reply, didn't it? 558 00:29:26,720 --> 00:29:28,600 That's how it originally kind of kicked off crazy. 559 00:29:29,440 --> 00:29:33,480 Yeah, like they replied to it and then was that the first day? 560 00:29:33,480 --> 00:29:37,000 I mean, look, I. Mean it ran us that you were not 561 00:29:37,000 --> 00:29:38,280 going. To do that was some shit. 562 00:29:38,360 --> 00:29:42,520 And then I woke up and and it just, it's just gone parabolic. 563 00:29:42,520 --> 00:29:46,400 But yeah, I think the CTO, the big CTO takeovers absolutely 564 00:29:46,400 --> 00:29:51,320 pushed this to new heights. This CTO shit. 565 00:29:53,320 --> 00:29:56,120 It's become a joke, but like I forgot, like with is the CTO. 566 00:29:57,360 --> 00:30:00,080 Like I think just about every token, almost every token is the 567 00:30:00,080 --> 00:30:02,800 CTO. So what's the CTO story? 568 00:30:04,240 --> 00:30:06,360 What do you mean it's? From the death fucking bagels 569 00:30:06,360 --> 00:30:08,760 and he just received. Comedy takeover. 570 00:30:08,760 --> 00:30:09,680 It's true. Yeah. 571 00:30:09,800 --> 00:30:13,080 I I, I love that. I mean, I know a good coin. 572 00:30:13,400 --> 00:30:15,160 What? Maybe maybe Mando, you should 573 00:30:15,160 --> 00:30:18,000 just abandoned the duck. Yeah. 574 00:30:18,480 --> 00:30:20,600 And fuck it. I mean, it's doing really good 575 00:30:20,600 --> 00:30:22,160 with you. I mean, incredible. 576 00:30:22,720 --> 00:30:26,280 But maybe, maybe you just like abandon it and just let the QE 577 00:30:26,280 --> 00:30:28,880 take over and it was just ripped to like $100 million maybe. 578 00:30:29,080 --> 00:30:30,520 It maybe it does rip if I do that it has. 579 00:30:31,440 --> 00:30:34,160 It's looking good. We saw the stats praise this 580 00:30:34,160 --> 00:30:35,520 morning. Good a good friend of the show 581 00:30:35,680 --> 00:30:38,440 previously NT stats saying he liked the the duck converter. 582 00:30:38,800 --> 00:30:40,840 I mean, it is a it's a sharp idea. 583 00:30:41,880 --> 00:30:43,680 That is genius. That was genius. 584 00:30:43,680 --> 00:30:46,440 The the idea to like I I thought that was genius because I'm the 585 00:30:46,440 --> 00:30:49,920 type of guy that has a ton of dust all over my coins. 586 00:30:50,080 --> 00:30:52,600 I think when when it came out Mendel text, it was like, this 587 00:30:52,600 --> 00:30:57,960 is probably really good for you because I'm a type of guy that 588 00:30:57,960 --> 00:31:02,040 has put so much trash that has probably got a zero and I just 589 00:31:02,040 --> 00:31:04,760 let it go. But if you accumulate, maybe 590 00:31:04,760 --> 00:31:07,000 it's like $1000, maybe 2 Grammy, 4 grand. 591 00:31:07,400 --> 00:31:09,520 You may as well put into something that you believe it. 592 00:31:10,000 --> 00:31:12,880 So this whole dust, dust the duck thing, it's genius. 593 00:31:12,880 --> 00:31:15,160 Yeah, people have been asking if we could do it like cross chain 594 00:31:15,160 --> 00:31:18,440 and now like into NFTS and all this sort of shit. 595 00:31:18,480 --> 00:31:21,880 I don't know like. Badger's going to have people 596 00:31:21,880 --> 00:31:30,240 burning pogs for yeah Oh my God. We could maybe do it. 597 00:31:30,240 --> 00:31:32,760 I think cross chain is difficult because one thing that's good 598 00:31:32,760 --> 00:31:35,880 about Solana is that you don't you don't really get scam coins 599 00:31:35,880 --> 00:31:39,960 in the same way that you do with or NFTS in the same way that you 600 00:31:39,960 --> 00:31:43,960 do on EF. Like if you sell a Solana coin, 601 00:31:43,960 --> 00:31:46,960 it doesn't like, it's very, very difficult for you to have 602 00:31:46,960 --> 00:31:48,520 issues. Whereas on EFF, you can have 603 00:31:48,520 --> 00:31:51,760 honey pots, you can have a sort of interactions which can cause 604 00:31:52,120 --> 00:31:54,560 issues. So like crossed this, this works 605 00:31:54,560 --> 00:31:56,400 really well on Solana. It doesn't necessarily work that 606 00:31:56,400 --> 00:31:59,120 well on the. Yeah, it's easier on us. 607 00:31:59,120 --> 00:32:01,880 So this is definitely something that works much better on 608 00:32:02,040 --> 00:32:04,240 Solana. Man, Solana's really just 609 00:32:04,240 --> 00:32:07,120 looking so good. You absolutely love to see it. 610 00:32:07,120 --> 00:32:09,200 So when's the I saw Ansim actually tweet yesterday? 611 00:32:09,200 --> 00:32:11,920 What's the time on Fire Dancer? And I didn't see anybody give 612 00:32:11,920 --> 00:32:14,120 him an actual reply. It'll be next year. 613 00:32:14,120 --> 00:32:16,880 It'll be next year I think. It's next year. 614 00:32:17,280 --> 00:32:20,240 People have been saying it's going to be now, yeah, early 615 00:32:20,240 --> 00:32:22,760 next year. But again, you don't know like 616 00:32:22,760 --> 00:32:25,960 people have said that maybe they're like sandbagging it and 617 00:32:25,960 --> 00:32:28,720 actually it'll come out at break point. 618 00:32:30,520 --> 00:32:33,720 Oh that's that's soon though. That's in September after token 619 00:32:33,720 --> 00:32:37,160 2049. Right, exactly, which is, you 620 00:32:37,160 --> 00:32:41,440 know, that's when they kind of announced it last year and a lot 621 00:32:41,440 --> 00:32:43,960 of things get announced at break point, right, Like it's a big, 622 00:32:43,960 --> 00:32:45,840 big. No so a lot of people always 623 00:32:45,840 --> 00:32:47,200 wait for break point like the big devs. 624 00:32:48,440 --> 00:32:50,280 So. I think so. 625 00:32:50,280 --> 00:32:53,960 There's there's a chance like. I mean, just remember the last 626 00:32:53,960 --> 00:32:56,960 big Solana conference is when there was back-to-back to back 627 00:32:56,960 --> 00:32:58,880 news for Solana a few months ago, right? 628 00:32:59,120 --> 00:33:00,680 Well, it was another break point, right? 629 00:33:00,680 --> 00:33:03,520 It was one in Lisbon. They always, I mean, it's 630 00:33:03,520 --> 00:33:06,200 normally in Lisbon. Yeah, Yeah, it's always the one. 631 00:33:06,200 --> 00:33:07,720 Yeah, two, but I can't stay for that one. 632 00:33:07,720 --> 00:33:08,800 I would have loved. Is it? 633 00:33:08,840 --> 00:33:10,760 It's right after Token 2049? No. 634 00:33:11,960 --> 00:33:14,120 I don't know the exact thing, let me have a look. 20 to Oh, 635 00:33:14,120 --> 00:33:16,760 it's in Singapore this year. No, it's it's that's it, it's 636 00:33:16,760 --> 00:33:21,480 that's it says 2020 first, so token 2049171819 and then it's 637 00:33:21,520 --> 00:33:25,280 on a break .2021 at the same time as the F1, which is wild. 638 00:33:25,760 --> 00:33:28,400 It's actually very correct. You have to have a little 639 00:33:28,400 --> 00:33:30,720 courage to throw a conference same time as the F1 in Singapore 640 00:33:30,960 --> 00:33:34,120 second on the same weekend. We actually have an event there 641 00:33:34,280 --> 00:33:35,840 on the 18th. I think it's going to be fire 642 00:33:36,080 --> 00:33:39,080 but but. Yeah, we're not yet. 643 00:33:39,080 --> 00:33:40,640 We haven't been asked to speak, have we? 644 00:33:40,640 --> 00:33:41,840 Not been asked to speak, you know. 645 00:33:42,320 --> 00:33:47,600 For what talking 2049, because I think it's a lot of pay to play. 646 00:33:49,120 --> 00:33:52,480 I, I, I, I try to get on stage in in Dubai didn't work pretty 647 00:33:52,480 --> 00:33:54,840 well for me. But anyways, we'll get big. 648 00:33:54,840 --> 00:33:57,640 This is at some point we'll we'll listen, we'll get there. 649 00:33:57,840 --> 00:34:01,560 We got to we'll get so big that they won't be able to ignore us 650 00:34:01,880 --> 00:34:04,360 and they'll get us up on stage. Speaking of getting big, cuz 651 00:34:04,360 --> 00:34:07,480 that's right down our alleyway. Tyler, one thing that I 652 00:34:07,480 --> 00:34:09,840 particularly love that your top is Vitalics tweets. 653 00:34:09,840 --> 00:34:14,199 I mean, let's dive into that. Yeah, he, he likes the the 654 00:34:14,199 --> 00:34:17,000 prediction markets. So he tweeted out this morning. 655 00:34:17,000 --> 00:34:18,639 I I'll just read it. Prediction markets community 656 00:34:18,639 --> 00:34:21,560 knows becoming two flagship social epistemic technologies, 657 00:34:21,800 --> 00:34:24,400 both truth seeking and democratic builds around public 658 00:34:24,400 --> 00:34:27,520 participation rather than the elites. 659 00:34:27,560 --> 00:34:30,120 You know, I think we've we've know about Vitalic is an 660 00:34:30,120 --> 00:34:33,840 investor in Poly market. So we have to take that with a 661 00:34:33,840 --> 00:34:36,440 bit of a grain of salt. I think this is coming on the 662 00:34:36,440 --> 00:34:40,199 back of folks have been kind of bull posting the Poly market 663 00:34:40,199 --> 00:34:41,239 charts. I think there's they're up to 664 00:34:41,239 --> 00:34:45,080 like 200, two, $100 million in volume on the year. 665 00:34:45,080 --> 00:34:48,639 It it's certainly it's going up and to the right right now. 666 00:34:48,960 --> 00:34:52,000 And I've, I've got a couple thoughts in general. 667 00:34:52,000 --> 00:34:55,440 I, I, I, I like prediction markets quite a bit. 668 00:34:56,920 --> 00:34:59,840 I do think people are perhaps getting a little over their skis 669 00:34:59,840 --> 00:35:01,600 on some of these volume metrics right now. 670 00:35:01,600 --> 00:35:05,520 It's like if you look at it, like 95% of the money are on 671 00:35:05,520 --> 00:35:08,400 election bets. So like when the elections are 672 00:35:08,560 --> 00:35:11,560 are gone, the numbers are going to come back down to, to earth 673 00:35:11,560 --> 00:35:14,040 to a degree. But like the bull case is, it's, 674 00:35:14,040 --> 00:35:17,400 it's more folks starting to get familiar with using markets like 675 00:35:17,400 --> 00:35:19,720 this and perhaps we'll see more everyday things. 676 00:35:20,160 --> 00:35:23,480 But I was just scanning the the top 20 bets on Poly market by 677 00:35:23,480 --> 00:35:29,160 liquidity and like they're most all election odds. 678 00:35:30,200 --> 00:35:33,240 Yeah, the. The election is, is like it's as 679 00:35:33,240 --> 00:35:35,400 big. It's one of the biggest events 680 00:35:35,400 --> 00:35:38,480 in multiple years for these. It's like the Super Bowl times 681 00:35:38,480 --> 00:35:41,120 10. Like it's, it's, yeah, huge for 682 00:35:41,120 --> 00:35:43,120 these betting companies. Because you can't bet it on 683 00:35:43,120 --> 00:35:44,760 anywhere else, right? I think that's the. 684 00:35:44,840 --> 00:35:47,480 I mean, you got the euro, you got the euro in there, but 685 00:35:47,480 --> 00:35:51,800 that's it. Politics events unlike gambling 686 00:35:51,800 --> 00:35:56,200 sites for for certain but. The US is very hard. 687 00:35:56,240 --> 00:35:59,200 I mean, it's illegal in the US, so you have to like, right to 688 00:35:59,200 --> 00:36:03,920 have like the national books. Yeah, a place for it. 689 00:36:04,720 --> 00:36:08,600 I mean, there you could take a day trip to Mexico or or Canada 690 00:36:08,760 --> 00:36:11,760 in my case, you know. So I mean, I don't mean to make 691 00:36:11,760 --> 00:36:13,120 a patriot. That's the only good thing about 692 00:36:13,120 --> 00:36:16,320 Canada. Gambling is not taxed and 693 00:36:16,360 --> 00:36:17,720 prediction markets are legal. I mean. 694 00:36:18,400 --> 00:36:20,880 There's a few more good things. We we like our our neighbors to 695 00:36:20,880 --> 00:36:23,040 the north. I think this really interesting 696 00:36:23,040 --> 00:36:25,600 combo is like blinks in prediction markets. 697 00:36:25,640 --> 00:36:30,560 So like if if there are debates or like news events trending on 698 00:36:30,560 --> 00:36:34,000 Twitter, the ability to to bet on them live like from X like 699 00:36:34,000 --> 00:36:36,120 that, That's an interesting. Well, there is no there is one. 700 00:36:36,200 --> 00:36:37,960 Mando, you sent this to me yesterday, right? 701 00:36:38,200 --> 00:36:40,600 It's him hedgehog. You can do it on hedgehog. 702 00:36:40,680 --> 00:36:44,320 The volumes on hedgehog are, are small like if you got the 703 00:36:44,320 --> 00:36:49,320 hedgehog markets there like you'll see the volume here 704 00:36:49,320 --> 00:36:54,440 versus versus Poly market. Look at that, look at that. 705 00:36:54,440 --> 00:36:55,360 See that? See the pop up? 706 00:36:56,640 --> 00:36:58,800 Well, that's true. So you can go forward. 707 00:36:59,240 --> 00:37:00,720 That's true. I am not in the USA. 708 00:37:00,920 --> 00:37:02,400 I'm. Not like the biggest market 709 00:37:02,440 --> 00:37:05,160 there. It's all politics. 710 00:37:05,760 --> 00:37:06,960 Right. But there's not, they're not 711 00:37:06,960 --> 00:37:08,560 big. You see what I see? 712 00:37:08,560 --> 00:37:10,160 Like they're not, They're no. Way I see. 713 00:37:10,400 --> 00:37:14,360 Which means Poly market. I see this. 714 00:37:14,360 --> 00:37:16,760 Will Mert move out of Canada by the end of 2024? 715 00:37:18,320 --> 00:37:21,120 Yeah, So they do more niche bets on Solana, like there's one uses 716 00:37:21,120 --> 00:37:23,240 like Will, Yeah. Will Jakey actually meet? 717 00:37:26,040 --> 00:37:28,280 Jenner, Jenner, yeah, yeah, it's right there. 718 00:37:28,520 --> 00:37:29,440 No, I see. I like it. 719 00:37:29,440 --> 00:37:31,520 Listen, we're big fans of British markets because, I mean, 720 00:37:31,520 --> 00:37:34,760 this is literally where we're headed with what we have coming 721 00:37:34,760 --> 00:37:36,240 up. But I, I think I think it's 722 00:37:36,240 --> 00:37:38,680 going to be really like the next meta, our narrative. 723 00:37:38,800 --> 00:37:40,760 It's a great thing. I think Poly markets is really 724 00:37:40,760 --> 00:37:42,760 like deserves a lot of flowers for what they've built, though 725 00:37:43,320 --> 00:37:45,440 of course, we'll see how it survives and sustain itself 726 00:37:45,480 --> 00:37:47,160 after the elections. Like you guys are right. 727 00:37:47,440 --> 00:37:51,960 But as users of crypto, we love betting on things. 728 00:37:51,960 --> 00:37:54,760 As a matter of fact, like I was at a friend's like birthday, 729 00:37:54,760 --> 00:37:56,840 which is ignore me. I was the only person in crypto 730 00:37:56,840 --> 00:37:59,960 there and I showed the guy he's like, well, what do you do? 731 00:37:59,960 --> 00:38:01,600 I'm like, oh, that's what we're doing, that's what we're 732 00:38:01,600 --> 00:38:03,400 building. He's interested and then showed 733 00:38:03,400 --> 00:38:05,640 in polling markets and he actually loved it 'cause they 734 00:38:05,640 --> 00:38:07,240 love gambling. Like I love bet. 735 00:38:07,240 --> 00:38:10,720 I bet on every euro, euro World Cup, UFCI love gambling. 736 00:38:10,720 --> 00:38:12,080 I've always done it since I'm 18 years old. 737 00:38:12,680 --> 00:38:15,200 I've always been doing it. But like it makes sense to bet 738 00:38:15,200 --> 00:38:18,480 on predictions like, oh, will Taylor Swift and Travis Kelsey 739 00:38:18,480 --> 00:38:20,200 kiss in front of the camera at the Super Bowl? 740 00:38:20,320 --> 00:38:23,160 Like that was one of the bets like you could put right. 741 00:38:23,440 --> 00:38:26,600 So so for me, like if it could be micronation, that's 742 00:38:26,600 --> 00:38:30,520 basically, oh, will Fred guy call Andrew Ted Betty today on 743 00:38:30,520 --> 00:38:33,360 the fucking podcast. You know what I mean? 744 00:38:33,360 --> 00:38:35,080 Like, obviously there's not going to be a lot of volume on 745 00:38:35,080 --> 00:38:36,640 that. And by the way, that's a yes, 746 00:38:36,800 --> 00:38:39,640 But you know, or it could be also a little not that niche, 747 00:38:39,640 --> 00:38:42,480 but I think that, you know, there's definitely like a huge 748 00:38:42,480 --> 00:38:47,280 market for it if you manage to market it to like outside. 749 00:38:47,480 --> 00:38:49,960 Let's not forget the two first dabs on a theorem were 750 00:38:50,160 --> 00:38:52,920 prediction markets, right? Auger and I forgot the other 751 00:38:52,920 --> 00:38:55,640 one. But if you study Ethereum, the 752 00:38:55,640 --> 00:38:57,360 first thing that was bugging Ethereum was the prediction 753 00:38:57,360 --> 00:39:00,720 market. Literally, literally it's called 754 00:39:00,720 --> 00:39:03,680 Auger AUGUR. And the reason why a lot of 755 00:39:03,680 --> 00:39:06,160 prediction markets have failed in the past is not just a 756 00:39:06,160 --> 00:39:08,360 politics thing. It's the fact that they'd have 757 00:39:08,360 --> 00:39:12,520 distribution and that's always the toughest thing is how do you 758 00:39:12,520 --> 00:39:16,520 distribute these odds events to the outside? 759 00:39:16,640 --> 00:39:19,560 How do you manage to get more people involved to take a stake? 760 00:39:19,800 --> 00:39:23,560 But for us, like, it all ties back to like, you know, to, to 761 00:39:23,840 --> 00:39:26,360 reputation and, and data and advertising. 762 00:39:26,360 --> 00:39:27,760 So anyways, it's gonna be interesting. 763 00:39:28,520 --> 00:39:31,520 I'm pretty, I'm, yeah. I think mainstream people like 764 00:39:31,520 --> 00:39:33,040 it, right? Like it's very easy to 765 00:39:33,040 --> 00:39:35,080 understand. And I think if you get the 766 00:39:35,080 --> 00:39:38,000 onboarding part down, like I think people like we're in 767 00:39:38,000 --> 00:39:40,640 crypto, I think we, we perhaps we're around whales and we see 768 00:39:40,640 --> 00:39:44,560 people thrown around size. People like to bet $5 on that's 769 00:39:44,800 --> 00:39:48,200 just to have a fun sweat, right? And and if you can get to the 770 00:39:48,200 --> 00:39:51,040 point where it's that's doable without a, a huge amount of 771 00:39:51,040 --> 00:39:54,480 hurdles to, to get money into the market like it, it's got, 772 00:39:54,480 --> 00:39:55,920 it's got the chance to to go big. 773 00:39:56,680 --> 00:39:58,960 Yeah, no, 100%. Listen, we're working on it. 774 00:39:59,320 --> 00:40:02,440 Just give me a little bit. And I'm sure a lot of other 775 00:40:02,440 --> 00:40:04,720 people, but I'm super bullish on Shane Copeland. 776 00:40:04,720 --> 00:40:07,200 The people over at Poly Market, like I think the more people 777 00:40:07,200 --> 00:40:08,560 were. Yeah, it was, it was Gnosis. 778 00:40:08,560 --> 00:40:09,400 There you go. Thank you, Brick. 779 00:40:09,520 --> 00:40:12,680 Gnosis originally was was British markets, right. 780 00:40:12,680 --> 00:40:14,280 So it was all great Gnosis, literally. 781 00:40:14,280 --> 00:40:16,280 And so if you study a theorem like you'll see that this is 782 00:40:16,280 --> 00:40:18,600 what Roger came out. So I'm not surprised that 783 00:40:18,600 --> 00:40:21,480 Vitalik is bullish on that. I know Joe Lubin loves it. 784 00:40:22,280 --> 00:40:24,920 And so and I think that it's also the closest you can get to 785 00:40:24,920 --> 00:40:26,240 the truth when it comes to media. 786 00:40:27,160 --> 00:40:29,480 I, I really very much like relate to what Metallic says in 787 00:40:29,480 --> 00:40:30,720 that sense. Like when we were talking about 788 00:40:30,720 --> 00:40:33,320 this, Josh Quinton was the founder of the crypt and he's an 789 00:40:33,320 --> 00:40:35,520 OG journalist, 60 years old. He was like, that's the closest 790 00:40:35,520 --> 00:40:37,160 you get to the truth when it comes to media. 791 00:40:37,160 --> 00:40:39,960 And I actually agree with that. And I think that by letting the 792 00:40:39,960 --> 00:40:44,760 people stake the reputation on chain and their beliefs, then 793 00:40:44,760 --> 00:40:48,120 you also get to see more transparency overall. 794 00:40:48,120 --> 00:40:51,960 So big, big fan of that. Anyways, the other thing is 795 00:40:52,240 --> 00:40:55,720 what's up with Blast I, I people are posting videos of Pac-Man 796 00:40:55,720 --> 00:40:59,360 dancing and just being goofy to me, I'm like this. 797 00:41:01,080 --> 00:41:03,840 Well, we've all done goofy dances online, right? 798 00:41:03,840 --> 00:41:05,080 I don't see anything wrong with the guy. 799 00:41:05,080 --> 00:41:07,560 Let him fucking live. But what's the latest on Blast 800 00:41:07,560 --> 00:41:10,200 right now? I saw the, the video, it seemed 801 00:41:10,200 --> 00:41:12,520 a little out of character this, which is what I've only seen 802 00:41:12,520 --> 00:41:15,840 Pac-Man, like super serious. So it's like, that's why it, it 803 00:41:15,840 --> 00:41:19,160 did throw me off a little bit. I, I just checked in on the 804 00:41:19,160 --> 00:41:20,960 numbers yesterday. I was curious how things were 805 00:41:20,960 --> 00:41:23,240 going 'cause like my anecdotal read is it feels like the 806 00:41:23,240 --> 00:41:27,880 ecosystem has slowed down substantially since AirDrop day 807 00:41:28,480 --> 00:41:30,080 and there's not a whole lot of chatter. 808 00:41:30,080 --> 00:41:32,040 It doesn't really feel like there's a whole lot going on. 809 00:41:32,240 --> 00:41:36,920 I looked at the TVLTVL is down about a billion from peak and 810 00:41:36,920 --> 00:41:41,200 sitting around 1.97 billion. So it's still a huge number and, 811 00:41:41,360 --> 00:41:43,960 and have that actually moved out before the AirDrop. 812 00:41:43,960 --> 00:41:48,080 So it's only down about 450 million or so since the AirDrop 813 00:41:48,080 --> 00:41:51,360 transactions are down about 40 to 50%. 814 00:41:51,360 --> 00:41:54,880 So, so that is backing up a little bit of my anecdotal read. 815 00:41:55,400 --> 00:41:57,640 We have seen some apps start to turn it back on though, So fancy 816 00:41:57,640 --> 00:42:00,360 top they they their detachments are live again. 817 00:42:01,200 --> 00:42:03,680 So they launched multiple different tactic tournaments 818 00:42:03,720 --> 00:42:07,720 yesterday, which are live now, but it seems like everyone's 819 00:42:07,720 --> 00:42:10,720 coming in wait and see mode. Everyone's waiting to see what 820 00:42:10,720 --> 00:42:14,000 season 2 incentives are going to be, assuming that Pac-Man has 821 00:42:14,560 --> 00:42:17,040 this plan, which they have alluded to. 822 00:42:17,040 --> 00:42:19,880 I think to a degree, the wild card is, is if they're going to 823 00:42:19,880 --> 00:42:21,800 turn it over to the token council and this progress 824 00:42:21,800 --> 00:42:25,440 council, that the two new groups who are kind of starting to to 825 00:42:25,440 --> 00:42:29,320 lead things a bit in a decentralized fashion, which is 826 00:42:29,960 --> 00:42:32,320 a bit different than I think part of the the investment 827 00:42:32,320 --> 00:42:34,760 thesis in BLAST. I think a lot of people were 828 00:42:34,760 --> 00:42:38,040 were betting on Pac-Man and not necessarily on like a 829 00:42:38,040 --> 00:42:41,200 decentralized governance body. So it's going to be very 830 00:42:41,200 --> 00:42:44,360 interesting to see how communication comes like 831 00:42:44,360 --> 00:42:48,120 decisions come between BLAST leadership and these councils. 832 00:42:48,120 --> 00:42:49,760 It's going to be something I'm watching closely. 833 00:42:50,160 --> 00:42:52,080 I haven't cleaned my shit yet, what do you? 834 00:42:52,120 --> 00:42:56,840 Think though, can I ask about the the TVL stuff? 835 00:42:56,840 --> 00:43:00,880 So yeah, it's sure that it's down like and like 38% looks 836 00:43:00,880 --> 00:43:06,240 like, but wow, people would have had to go through orbit or is 837 00:43:06,240 --> 00:43:09,400 that like because it was 14 days that you had from the AirDrop, 838 00:43:09,400 --> 00:43:11,840 right? So are we actually, have we not 839 00:43:11,840 --> 00:43:16,440 seen actually the outflows yet of TBL or when does it show that 840 00:43:16,440 --> 00:43:17,920 it's out when it goes to the bridge? 841 00:43:18,200 --> 00:43:20,120 I didn't know if anyone had broken that down. 842 00:43:20,120 --> 00:43:22,240 I. Don't know the answer to that. 843 00:43:22,240 --> 00:43:28,040 I know there are enough bridges that you can get out in a single 844 00:43:28,040 --> 00:43:30,800 day and I've actually seen now more chatter that there are 845 00:43:30,800 --> 00:43:34,840 cheaper ones than than Orbiter, OK, So you can get cheaper than 846 00:43:34,840 --> 00:43:37,200 the 2% fee. So if the bridges are out there, 847 00:43:37,200 --> 00:43:40,880 I'm sure folks have found them. I have to imagine there's some 848 00:43:40,880 --> 00:43:42,520 on the 14 day bridge as well. Yeah. 849 00:43:42,520 --> 00:43:43,640 I don't know if that's reflected. 850 00:43:44,760 --> 00:43:48,480 Wait so I have not claimed shit, am I fucked? 851 00:43:50,520 --> 00:43:54,240 No, I mean the the tokens doing OK, I think is it 2.14 billion? 852 00:43:54,560 --> 00:43:56,400 I'm going to have a word with you right now. 853 00:43:56,400 --> 00:43:59,520 You don't claim anything, ever. Bro. 854 00:43:59,680 --> 00:44:02,680 It's so frustrating to be with you because you are you. 855 00:44:02,920 --> 00:44:06,560 You miss every fucking deadline and you even know there's a 856 00:44:06,560 --> 00:44:10,840 deadline, but you're like, you know, I'll turn up an hour late 857 00:44:11,120 --> 00:44:14,160 and because I'll because I'm for Oak, I'll, I'll get in. 858 00:44:14,560 --> 00:44:19,120 No right, you know when the deadlines are everyone else does 859 00:44:19,120 --> 00:44:20,280 it. Just claim the shit. 860 00:44:20,640 --> 00:44:25,280 It's literally I've never seen you claim an AirDrop on time. 861 00:44:25,280 --> 00:44:29,560 I'm. Dead. 862 00:44:30,640 --> 00:44:33,240 Ouch. Dude, I have to have a word. 863 00:44:33,240 --> 00:44:36,200 It's been 2 1/2 years of you knowingly. 864 00:44:36,200 --> 00:44:38,280 It's not like the the way that you say it as well as some 865 00:44:38,280 --> 00:44:40,960 hilarious because like somebody will chase up with you and 866 00:44:40,960 --> 00:44:44,440 you'll be like, Oh yeah, I knew I had to claim it, but Nah, I 867 00:44:44,440 --> 00:44:46,440 just decided not to. Like you'll be in front of your 868 00:44:46,440 --> 00:44:49,960 computer and you just, there's something mentally that stops. 869 00:44:50,040 --> 00:44:52,360 You you want to know the craziest thing? 870 00:44:53,200 --> 00:44:59,680 Tyler personally sent me the official links to Zero and ZK to 871 00:44:59,680 --> 00:45:01,840 make sure I don't get scammed because when I was in the beast 872 00:45:01,840 --> 00:45:04,960 I was all fucked up and I I was all fucked up and I want to get 873 00:45:04,960 --> 00:45:07,360 scammed right? Like Tyler, can you please send 874 00:45:07,360 --> 00:45:10,320 me the safe link because if anyone knows like Tyler's on top 875 00:45:10,320 --> 00:45:14,520 of everything. But my problem is why does Zeke 876 00:45:14,520 --> 00:45:17,840 and ZRO don't do delegate? I'm sorry, I'm not claiming 877 00:45:17,840 --> 00:45:21,920 something with my fault. My like I find that stupid. 878 00:45:22,000 --> 00:45:23,360 And what I like is Brian Pellegrino. 879 00:45:23,360 --> 00:45:25,000 I answered all the time. I was like, OK, we can add it. 880 00:45:25,000 --> 00:45:27,680 But like why don't you fucking add? 881 00:45:28,400 --> 00:45:31,080 I'm not claiming with my fault. You know what I mean? 882 00:45:31,600 --> 00:45:33,040 Yeah. So that was that. 883 00:45:33,640 --> 00:45:37,960 Not to make an excuse. Now the blast thing, I just, I 884 00:45:37,960 --> 00:45:39,960 heard that it's you have to go through a million loopholes. 885 00:45:40,240 --> 00:45:43,720 Hear an excuse like this is every protocol that we've ever 886 00:45:43,840 --> 00:45:45,840 we've ever been on now? You know what? 887 00:45:46,880 --> 00:45:48,560 There's something in your brain which is like. 888 00:45:49,000 --> 00:45:50,280 It's true. It's true, actually. 889 00:45:50,960 --> 00:45:53,600 I'm just going to chill you. Know, you know, Mando, Mando and 890 00:45:53,600 --> 00:45:56,760 I are like, like, like I feel like I'm married to Mando. 891 00:45:56,920 --> 00:45:58,960 Like I, this motherfucker knows me too well. 892 00:45:59,320 --> 00:46:01,720 Like literally knows me too well. 893 00:46:01,720 --> 00:46:05,600 Like there was one day I stole the token right and token punk. 894 00:46:06,440 --> 00:46:11,400 And then he calls me and he goes, you're not your usual self 895 00:46:11,400 --> 00:46:13,920 in Group chats. You must have sold it all, 896 00:46:13,960 --> 00:46:16,360 didn't you? And I was like. 897 00:46:16,920 --> 00:46:21,200 I know it. Son of a bitch, they they just 898 00:46:21,600 --> 00:46:23,920 motherfucker just snore. How much? 899 00:46:24,120 --> 00:46:26,480 How much have you not claimed from Pudgy Penguin for example? 900 00:46:27,120 --> 00:46:31,040 Oh my God, like $50,000 worth. Oh. 901 00:46:31,280 --> 00:46:34,520 No, you got to claim those because some of those like die 902 00:46:34,600 --> 00:46:36,200 like they're, they're going down pretty fast. 903 00:46:36,640 --> 00:46:38,760 I remember. If they said that they had a 904 00:46:38,760 --> 00:46:42,360 $10,000 AirDrop right now, I bet you I just know that he'd miss 905 00:46:42,360 --> 00:46:45,800 it because he just, he just it's, it's a mental block. 906 00:46:46,000 --> 00:46:50,000 And it's not like I'm loaded in cash like it would help me. 907 00:46:50,360 --> 00:46:54,440 I just don't do it. It's true I have a mental 908 00:46:54,440 --> 00:46:57,000 hurdle. Like I don't like the act of 909 00:46:57,000 --> 00:46:58,640 taking my Ledger out and plugging. 910 00:46:58,680 --> 00:47:01,960 It in. Like I hate plugging my Ledger. 911 00:47:01,960 --> 00:47:04,840 It's like for me it's a dreadful event. 912 00:47:05,160 --> 00:47:09,080 Like I just don't cause also then I'm tempted to move my 913 00:47:09,080 --> 00:47:11,160 coins around you know what I mean? 914 00:47:11,880 --> 00:47:14,720 So we know what happened last time I took my Ledger, right? 915 00:47:14,720 --> 00:47:16,400 I fucking sold the bottom of width. 916 00:47:17,080 --> 00:47:20,200 Thankfully I bought it back. I've got a separate Ledger I 917 00:47:20,200 --> 00:47:22,000 think for your NFTS and for. Your Yeah, I was going to say 918 00:47:22,000 --> 00:47:24,280 that you need a second one. Yeah, I think we just, I feel 919 00:47:24,280 --> 00:47:25,720 like. You can fuck, you can fuck 920 00:47:25,720 --> 00:47:28,600 around with your NFTS like it's normally NFT air drops or if 921 00:47:28,600 --> 00:47:29,760 it's. Worthless anyways. 922 00:47:29,760 --> 00:47:32,120 Right. Yeah, not the good ones. 923 00:47:32,760 --> 00:47:34,760 Not the good ones. I mean, I got my pumpkin shit. 924 00:47:34,760 --> 00:47:38,680 I got X copied a few things, but I, you know, you guys, you're 925 00:47:38,680 --> 00:47:40,560 right, OK, I used to be better with claiming shit. 926 00:47:41,480 --> 00:47:43,000 Yeah, you know what? It's maybe when there's a that's 927 00:47:43,000 --> 00:47:45,040 why I always in school, I was always the guy like giving my 928 00:47:45,040 --> 00:47:46,480 homework late or like the day of. 929 00:47:46,680 --> 00:47:49,520 I hate deadlines. Like why is there deadline? 930 00:47:49,840 --> 00:47:51,840 Like you know, Zika has a 5 month deadline. 931 00:47:51,840 --> 00:47:53,400 I'm probably going to claim it in five months. 932 00:47:53,480 --> 00:47:54,560 We're going. To miss it. 933 00:47:54,560 --> 00:47:56,280 No, I know. I'm already worried for that. 934 00:47:56,280 --> 00:48:02,120 Because like we both know. OK, the second I'm back in 935 00:48:02,120 --> 00:48:04,760 Montreal, maybe it's because I'm not in my natural habitat. 936 00:48:04,800 --> 00:48:08,080 Yeah, that's what it is. I'm in Switzerland as when I'm 937 00:48:08,080 --> 00:48:10,320 back I'm actually in the home of Ethereum in Zook, where the 938 00:48:10,320 --> 00:48:13,600 Ethereum Foundation was born and Solana Foundation's here. 939 00:48:13,600 --> 00:48:15,000 Apparently President Solana lives here. 940 00:48:15,200 --> 00:48:20,000 Anyways, when I'm back home on Thursday this weekend, I promise 941 00:48:21,040 --> 00:48:23,920 by when the show starts on Monday morning, I'll have 942 00:48:23,920 --> 00:48:31,200 cleared everything if I didn't. Yeah, but you know what? 943 00:48:31,240 --> 00:48:32,360 Yeah, exactly. Jello bites. 944 00:48:32,440 --> 00:48:35,040 At least I don't fuck around with my company when it comes to 945 00:48:35,040 --> 00:48:36,800 my business. I stand on it. 946 00:48:37,240 --> 00:48:40,880 We stand on business, right? But when it comes to claiming 947 00:48:40,880 --> 00:48:42,280 all this shit, it's true. I think that's right. 948 00:48:42,280 --> 00:48:43,800 It's just you've now you've got a Harbor wallet. 949 00:48:43,800 --> 00:48:47,960 You just don't want to touch it. Yeah, we need to work out how to 950 00:48:47,960 --> 00:48:50,960 fix that. Yeah, I mean, isn't that what 951 00:48:50,960 --> 00:48:55,720 Harley Watson made for? Yeah, I think if you, if you put 952 00:48:55,720 --> 00:48:59,680 your, if you put your point in a different bolt, I think that 953 00:48:59,680 --> 00:49:03,080 probably helps you. I promise everybody here that 954 00:49:03,080 --> 00:49:06,080 when our foundation decides to release what we're releasing 955 00:49:06,080 --> 00:49:09,240 next, we'll make sure you have delegate on it, OK? 956 00:49:09,520 --> 00:49:11,040 I'm not going to do this to you guys. 957 00:49:11,440 --> 00:49:14,120 I promise y'all OK? Especially rug holders. 958 00:49:14,440 --> 00:49:15,000 I got y'all.