1 00:00:00,200 --> 00:00:06,480 Yo-yo, yo, what up, what up? Good morning, good morning GMG 2 00:00:11,200 --> 00:00:14,920 Thursday. Whoa, our 50s weeks are flying 3 00:00:14,920 --> 00:00:21,800 by there. Thursday, June 6th, 2020 Look at 4 00:00:22,040 --> 00:00:25,920 that, another beautiful day to have a beautiful day. 5 00:00:25,920 --> 00:00:29,680 I don't know why I said Mando, I meant Sims. 6 00:00:31,440 --> 00:00:35,160 I got my coats in the house. Tyler Mando, how you guys doing 7 00:00:35,160 --> 00:00:37,760 today? Doing great man, awesome. 8 00:00:38,840 --> 00:00:41,040 Busy though, man, I am fucking busy at the. 9 00:00:41,040 --> 00:00:45,280 Moment, dude, I can definitely relate to that brother. 10 00:00:46,080 --> 00:00:48,680 I can definitely relate. Tyler, how you doing? 11 00:00:49,360 --> 00:00:52,400 I'm good the the market's busy. I love days like this when 12 00:00:52,400 --> 00:00:54,880 there's just so much news. There's plenty to talk about. 13 00:00:56,640 --> 00:00:58,920 So you always create. That's how I know we're football 14 00:00:58,920 --> 00:01:00,800 Raging Bull. So yesterday, obviously I was 15 00:01:00,800 --> 00:01:03,640 doing my thing at the F1 fan zone, which is super cool. 16 00:01:03,640 --> 00:01:07,000 By the way, in Montreal pack, hundreds of people showed up on 17 00:01:07,000 --> 00:01:08,680 a Wednesday at noon. Really impressive. 18 00:01:09,040 --> 00:01:11,760 But anyways, point being. So I kind of like missed the CT 19 00:01:11,760 --> 00:01:13,880 part for the most of the day because I was busy till like 9 20 00:01:13,880 --> 00:01:18,480 PMI wake up this morning, open my timeline and actually was 21 00:01:18,480 --> 00:01:22,520 like struggling to catch up on just yesterday from let's say 22 00:01:22,520 --> 00:01:24,760 noon to 9:00 PM. Not even before because we 23 00:01:24,760 --> 00:01:27,320 hosted the show. That's how busy it's been. 24 00:01:27,480 --> 00:01:30,240 Between Hayden Adams weighing in on the Iggy thing more and more, 25 00:01:30,440 --> 00:01:33,880 Iggy dunking on Vitalic to TG going to Miami. 26 00:01:33,880 --> 00:01:35,400 He's actually on the flight to Montreal right now. 27 00:01:35,400 --> 00:01:38,240 He'll be here in two hours. He was meant to be here with me 28 00:01:38,240 --> 00:01:40,000 yesterday, but last second I had the Iggy thing. 29 00:01:40,920 --> 00:01:44,320 So flying he went LA Miami, Montreal anyways to that. 30 00:01:44,480 --> 00:01:47,000 So we're dealing with this during that to that. 31 00:01:47,000 --> 00:01:52,000 I'm seeing the market going crazy to to add a little to a 32 00:01:52,000 --> 00:01:53,680 bunch of shit going on the timeline. 33 00:01:54,280 --> 00:01:55,880 What was it, Robin Hood this and that. 34 00:01:55,880 --> 00:01:57,760 Anyways, there's a lot to talk about today. 35 00:01:59,440 --> 00:02:03,760 There's a lot to talk about today on this wonderful 6624. 36 00:02:03,760 --> 00:02:05,240 So you absolutely love to see it. 37 00:02:05,520 --> 00:02:08,120 The sun is the sun stopped shining. 38 00:02:08,720 --> 00:02:10,639 I said the sun is shining in Montreal too much. 39 00:02:11,039 --> 00:02:13,840 Yeah, the sun is not shining. There's a building in front. 40 00:02:13,840 --> 00:02:15,240 So I go. I really stretch my neck out. 41 00:02:15,360 --> 00:02:16,680 Sun is not shining in Montreal today. 42 00:02:16,680 --> 00:02:19,040 But you know what? You know where it's shining in 43 00:02:19,040 --> 00:02:22,880 Portugal. Mello doesn't mean to tell me. 44 00:02:22,960 --> 00:02:26,120 I know, I know. The sun is shining in in Liz 45 00:02:26,120 --> 00:02:27,960 Bois today. Anyways, today on the show. 46 00:02:28,440 --> 00:02:32,560 What do we got for y'all today? Let me open a sheet up today. 47 00:02:32,560 --> 00:02:34,440 Obviously. Daily market report as usual. 48 00:02:34,880 --> 00:02:37,160 Look at that Mando we held above 70. 49 00:02:37,160 --> 00:02:39,840 Let's see how long we'll hold. We'll hold that that front for 50 00:02:39,840 --> 00:02:41,520 but we nearly pushed above the breakout. 51 00:02:41,520 --> 00:02:44,600 We'll get we'll get we'll get we'll get Mando chat chatting 52 00:02:44,600 --> 00:02:47,360 with us about that in a minute here, but 71 K Bitcoin, you 53 00:02:47,360 --> 00:02:49,280 absolutely love to see it macro news. 54 00:02:49,280 --> 00:02:51,880 I mean, we had the the Robin Hood acquiring basetime news. 55 00:02:51,880 --> 00:02:53,800 I'm sure we'll talk about the Coinbase launching a smart 56 00:02:53,800 --> 00:02:55,280 wallet. Touched on that yesterday 57 00:02:55,280 --> 00:02:56,960 quickly 'cause it happened during the show. 58 00:02:58,080 --> 00:03:01,160 Yeah, five bit opening to Chinese users explicitly. 59 00:03:01,680 --> 00:03:03,440 Of course you have Kramer and Gensler, but we talked about 60 00:03:03,440 --> 00:03:04,480 this yesterday, blah, blah, blah. 61 00:03:04,480 --> 00:03:08,240 I loved Mando doubling down on his dunking on the timeline 62 00:03:08,240 --> 00:03:10,520 during the show yesterday when you were like, tweeting was 63 00:03:10,520 --> 00:03:13,400 great. Yes, he loves, he said then 64 00:03:13,400 --> 00:03:15,760 Tyler's top five or six or seven or fucking 10. 65 00:03:15,760 --> 00:03:17,240 For what it's worth, I don't even know. 66 00:03:17,360 --> 00:03:19,800 Tyler's top. Tyler's top. 67 00:03:19,800 --> 00:03:21,520 Wait, that sounds. Yeah, it's not. 68 00:03:21,880 --> 00:03:23,160 It's top. Then Tyler's top five. 69 00:03:23,360 --> 00:03:24,880 Crazy. Yeah, maybe not. 70 00:03:25,400 --> 00:03:27,240 Maybe, maybe. Let's not do Tyler's top, let 71 00:03:27,240 --> 00:03:30,640 Tyler's top five. Can you just make it Tyler's top 72 00:03:30,640 --> 00:03:33,040 4/4? So I get to say 4-1 more time 73 00:03:33,040 --> 00:03:34,480 and then, you know, maybe we have too much too. 74 00:03:35,080 --> 00:03:37,880 Much, of course, not enough. Not enough topics for. 75 00:03:38,120 --> 00:03:42,640 Me Tyler's Top 14 so I'm sure we'll talk about all this. 76 00:03:42,640 --> 00:03:46,120 Let's have some Ronaldo stuff on a time like hey, I couldn't even 77 00:03:46,120 --> 00:03:47,960 keep up. Thankfully I have Co hosts that 78 00:03:47,960 --> 00:03:50,600 are deep in the weeds and kept up with everything. 79 00:03:52,200 --> 00:03:53,840 You know he have Pac-Man tweeting. 80 00:03:53,840 --> 00:03:56,320 You have glass goats coming up. Anyways, bunch of stuff Counter 81 00:03:56,320 --> 00:03:59,320 strike skin selling. I saw Deez talking about this a 82 00:03:59,320 --> 00:04:00,840 lot. Deez is losing his shit on the 83 00:04:00,840 --> 00:04:03,440 timeline. Love to see it going on. 84 00:04:03,800 --> 00:04:05,480 I got my notifications on for Deez. 85 00:04:05,680 --> 00:04:08,520 Is he listening? So he usually listens to this 86 00:04:08,520 --> 00:04:10,520 man has been on a rampage. Anyway. 87 00:04:10,520 --> 00:04:12,480 That's probably because he's doing the sober June thing. 88 00:04:12,760 --> 00:04:15,000 And then last but not least, we'll be joined by Warden 89 00:04:15,000 --> 00:04:16,680 Protocol today as today's show partners. 90 00:04:17,200 --> 00:04:19,519 So warning protocol will come and chit chat with us towards 91 00:04:19,519 --> 00:04:22,640 the end of the show as usual. And the show is powered by 92 00:04:22,640 --> 00:04:26,000 Moonpay to buy insult crypto with PayPal, download the 93 00:04:26,040 --> 00:04:31,440 Moonpay app, but also fairside network on X wallet wallet 94 00:04:31,680 --> 00:04:35,120 coverage for drains, scams and more. 95 00:04:35,120 --> 00:04:38,840 And boy, oh boy, scams are still rampant in this space. 96 00:04:38,840 --> 00:04:41,560 So make sure you copy your crypto on Moonpay and then cover 97 00:04:41,560 --> 00:04:46,320 it with fairside network. But anyways, anyways, anyways, 98 00:04:46,400 --> 00:04:48,880 Mr. Bisbee, let's hear all about it. 99 00:04:53,040 --> 00:04:55,680 Who is the man that called Daddy of the land? 100 00:04:59,520 --> 00:05:02,280 Can you dig it? GMGM, everyone. 101 00:05:02,280 --> 00:05:04,480 So yeah, we are kind of where we were yesterday. 102 00:05:05,280 --> 00:05:06,800 Stocks hit all time highs yesterday. 103 00:05:06,800 --> 00:05:11,400 NVIDIA officially flipped Apple, which I think was relatively 104 00:05:11,400 --> 00:05:15,400 interesting. Now a three trillion company, $3 105 00:05:15,400 --> 00:05:17,400 trillion company, huge, huge move. 106 00:05:18,080 --> 00:05:19,800 So everything's pretty strong in macro. 107 00:05:20,960 --> 00:05:23,520 Don't believe the the bears. Hey Wizard are. 108 00:05:27,320 --> 00:05:30,160 You listening? Goldilocks period is continuing 109 00:05:33,240 --> 00:05:35,920 anyway. Crypto. 110 00:05:35,960 --> 00:05:38,000 I saw another big inflow. 500 million of inflows into the 111 00:05:38,000 --> 00:05:41,400 Bitcoin ETF. Wow, But we still just hanging 112 00:05:41,400 --> 00:05:46,800 out at 71. So you saw Eve had a little bit 113 00:05:46,800 --> 00:05:49,480 of a pump yesterday at one point, but then kind of didn't 114 00:05:49,480 --> 00:05:55,440 really sustain it. And we're we're kind of on we 115 00:05:55,480 --> 00:05:57,360 where we were yesterday for everything. 116 00:05:57,360 --> 00:05:59,880 I think when we went live on the show, Eve had been performing 117 00:05:59,880 --> 00:06:01,840 for a little bit. What's that sound? 118 00:06:03,640 --> 00:06:05,240 Don't. Know check, check check 1-2. 119 00:06:05,640 --> 00:06:07,360 Check to check. Yeah, weird. 120 00:06:08,280 --> 00:06:10,040 It's the training for hacking. Yeah. 121 00:06:10,080 --> 00:06:12,320 Iran. Iran, get off my stream. 122 00:06:12,320 --> 00:06:16,520 Yeah, exactly. Go, go on. 123 00:06:16,840 --> 00:06:18,320 See, we're still. Hey, we're still right there, 124 00:06:18,320 --> 00:06:19,160 Mando. We're still right there. 125 00:06:19,160 --> 00:06:23,800 We're trusting the lines. We're still hanging out and 126 00:06:23,800 --> 00:06:26,880 waiting to see what happens. Tomorrow obviously, is the big 127 00:06:26,880 --> 00:06:31,280 day with NFPS. You saw some softer employment 128 00:06:31,280 --> 00:06:34,680 day to yesterday, which meant that rate cut expectations are 129 00:06:34,680 --> 00:06:36,840 starting to grow. ECB cut rates today. 130 00:06:36,840 --> 00:06:38,880 Bank of Canada cut rates yesterday. 131 00:06:38,880 --> 00:06:41,280 So some positive sentiment there. 132 00:06:42,600 --> 00:06:44,240 Meme coins have been again a bit mixed. 133 00:06:44,240 --> 00:06:46,520 The big winner in the in the in the top meme coins has been 134 00:06:46,520 --> 00:06:50,600 Brett. Brett's gone to 1.4 billion now. 135 00:06:51,560 --> 00:06:55,160 So that one keeps going. And then other meme coins again 136 00:06:55,160 --> 00:06:57,840 have just been kind of mixed, I would say with a slight 137 00:06:57,840 --> 00:07:02,080 preference for ETH or ETH related projects doing doing OK. 138 00:07:03,840 --> 00:07:07,280 In terms of the bigger news that I saw over the last like 24 139 00:07:07,280 --> 00:07:09,720 hours, I think the China thing is quite a big one. 140 00:07:09,920 --> 00:07:16,160 So Hong Kong was opening up a crypto and then in the last two 141 00:07:16,160 --> 00:07:19,640 weeks you've seen that every single major exchange has pulled 142 00:07:19,640 --> 00:07:24,920 out of listing in Hong Kong finance. 143 00:07:24,920 --> 00:07:28,560 OK, X bye bit Gate. They've all decided not to do 144 00:07:28,560 --> 00:07:30,240 it. And the reason is, is because to 145 00:07:30,240 --> 00:07:33,960 list in Hong Kong, you had to explicitly say and have tight 146 00:07:33,960 --> 00:07:36,800 controls on not having other Chinese users. 147 00:07:37,840 --> 00:07:40,080 And of course all these guys have got other Chinese mainland 148 00:07:40,080 --> 00:07:42,800 users. So you're actually, you're 149 00:07:42,800 --> 00:07:45,440 having eleven people, I think filing for exchanges in Hong 150 00:07:45,440 --> 00:07:46,320 Kong. But they're all kind of 151 00:07:46,320 --> 00:07:49,640 unknowns, like they're not big firms. 152 00:07:51,040 --> 00:07:56,280 And so now you've seen by bit just explicitly say, hey, yeah, 153 00:07:56,520 --> 00:07:59,160 if you're China, you can come and you can come and list on the 154 00:07:59,160 --> 00:08:02,400 site, which is kind of wild. Like they've not they've just 155 00:08:02,400 --> 00:08:04,800 kind of, I don't know, they're going to faffo and find out, 156 00:08:04,800 --> 00:08:07,040 right. Let's let's see what happens 157 00:08:07,040 --> 00:08:10,880 here because China, China could be more aggressive, but they're 158 00:08:10,880 --> 00:08:13,600 also being a bit more lenient on on in Hong Kong. 159 00:08:13,600 --> 00:08:15,880 So let's see what they're going to do to these exchanges. 160 00:08:15,880 --> 00:08:18,720 Just trying to explicitly go after Chinese users. 161 00:08:20,600 --> 00:08:22,720 So yeah, that was that was like the biggest thing I think. 162 00:08:22,720 --> 00:08:25,880 And I think the other thing is that its stamp, which is a huge 163 00:08:25,880 --> 00:08:30,400 exchange in South Korea got bought by Robin Hood that which 164 00:08:30,400 --> 00:08:32,440 is another move from them into into crypto. 165 00:08:33,480 --> 00:08:38,000 So bit bit of movement, I say on the exchange side, particularly 166 00:08:38,000 --> 00:08:40,200 in Asia. But yeah, Robin Hood buying. 167 00:08:40,520 --> 00:08:43,840 A Europe. It's not a European. 168 00:08:45,080 --> 00:08:48,160 Sorry, it's a European exchange. Sorry, European exchange, yeah. 169 00:08:50,200 --> 00:08:53,440 But yeah, that, that'll be huge. That'll be yeah, another huge 170 00:08:53,440 --> 00:08:57,240 piece of news there. So, yeah, I think that will be 171 00:08:57,840 --> 00:09:00,520 that just shows that more intention of, of being involved 172 00:09:01,600 --> 00:09:04,360 from these sort of traditional exchanges into, into crypto. 173 00:09:04,360 --> 00:09:08,320 So, yeah, that was that was kind of it from the from the main 174 00:09:08,320 --> 00:09:10,240 news. And and then yeah, infos have 175 00:09:10,240 --> 00:09:12,360 been strong, but we're not really not really doing much. 176 00:09:12,640 --> 00:09:15,640 Yeah, I, I want to ask you something, Mando, to go back on 177 00:09:15,640 --> 00:09:17,920 this Robin Hood news because that's pretty much the big news 178 00:09:17,920 --> 00:09:19,560 of the day, right? Like at least, I mean, there's a 179 00:09:19,560 --> 00:09:21,520 lot, right. The the, the by bit news is not 180 00:09:21,520 --> 00:09:23,520 to be people really need to pay attention to by bit news. 181 00:09:23,520 --> 00:09:25,640 And you're right, doubling down on that because it's true that 182 00:09:25,640 --> 00:09:27,800 last week I read the article, OK XI went to withdraw from Hong 183 00:09:27,800 --> 00:09:29,280 Kong. I was all like, oh, Hong Kong's 184 00:09:29,280 --> 00:09:31,840 going to be the spot. And I was super like taken aback 185 00:09:31,840 --> 00:09:34,120 from hearing that, right. You heard, you know, because 186 00:09:34,120 --> 00:09:35,680 that was been went back and forth a lot. 187 00:09:36,280 --> 00:09:40,120 Yeah, and now they're explicitly marketing to Chinese people, 188 00:09:40,240 --> 00:09:43,080 like in China, Like it literally, like it's literally 189 00:09:43,080 --> 00:09:44,760 saying you can verify your identity. 190 00:09:44,760 --> 00:09:46,760 Look, I don't know if it's a sign up or not, but I guess 191 00:09:46,760 --> 00:09:48,360 we'll see. Super bullish news. 192 00:09:48,360 --> 00:09:51,280 But this Robin Hood stuff is really big, right, Mando? 193 00:09:51,280 --> 00:09:55,800 But question for you, Why the need to acquire an exchange for 194 00:09:55,800 --> 00:09:57,160 crypto? Do you think it's to separate 195 00:09:57,160 --> 00:09:59,200 themselves, like from a regulator's perspective? 196 00:09:59,880 --> 00:10:02,080 Probably. I mean the way that European 197 00:10:02,080 --> 00:10:06,360 regulation works as well as is often that you need to do it 198 00:10:06,560 --> 00:10:10,640 with for each country. So I don't know what deals, I 199 00:10:10,640 --> 00:10:12,560 mean 200 million is not that much for an exchange. 200 00:10:12,720 --> 00:10:14,360 No like it sounds like pocket change for them, right? 201 00:10:14,360 --> 00:10:15,760 200 mil. I wouldn't say. 202 00:10:15,760 --> 00:10:18,600 I mean, I don't know how much is Robin Hood worth Robin Hood. 203 00:10:19,040 --> 00:10:21,720 I mean, the Hood stock is like Hood stock is going crazy 204 00:10:21,720 --> 00:10:24,120 though. Robin Hood's at a $19.5 billion 205 00:10:24,120 --> 00:10:26,480 market cap, up 4% on the news today. 206 00:10:26,480 --> 00:10:28,680 So up well, up 25 points this month. 207 00:10:29,160 --> 00:10:32,400 So it's, it's worth something obviously, but it's a $20 208 00:10:32,400 --> 00:10:35,320 billion company buying a two $200 million company. 209 00:10:35,320 --> 00:10:39,840 So 1% of their of their company's value. 210 00:10:39,840 --> 00:10:43,280 So it's not, it's not absolutely insane, but I think it just 211 00:10:43,280 --> 00:10:45,240 gives them an entrance into, into Europe. 212 00:10:45,240 --> 00:10:49,720 And they already had a Robin Hood EU, but maybe, maybe this 213 00:10:49,880 --> 00:10:51,760 they felt would be stronger with, with Bitstamp. 214 00:10:52,640 --> 00:10:53,920 Personally, I think that China thing's bigger. 215 00:10:53,920 --> 00:10:56,200 I think if if you start to see these exchanges start to open up 216 00:10:56,200 --> 00:11:02,000 explicitly to China, that's that's a big deal that, you 217 00:11:02,000 --> 00:11:06,320 know, that's a billion people. So yeah, that, that that would 218 00:11:06,320 --> 00:11:07,560 be very, very interesting to see. 219 00:11:07,560 --> 00:11:11,400 But it seems to, I know people are following, have been 220 00:11:11,400 --> 00:11:14,680 following it less, I feel like, because it's not like an easy 221 00:11:14,680 --> 00:11:15,960 headline. But if you get to read between 222 00:11:15,960 --> 00:11:19,720 the lines of what's been going on, it feels as though this 223 00:11:19,720 --> 00:11:23,720 whole move to Hong Kong thing is not going as potentially 224 00:11:23,720 --> 00:11:26,080 planned. And instead, they're just going 225 00:11:26,080 --> 00:11:30,560 to guess that China can just open up by offshore agencies. 226 00:11:30,560 --> 00:11:34,120 So we we'll see, we'll see that. And then the kind of other news 227 00:11:34,120 --> 00:11:37,640 was just the big, the big predictions on ETH from Banek. 228 00:11:38,280 --> 00:11:41,120 Remember they had that crazy Solana prediction and then 229 00:11:41,200 --> 00:11:43,760 they'd come out with A22K ETH prediction. 230 00:11:43,760 --> 00:11:47,320 So they're bullish. Wait, that's the 22 K prediction 231 00:11:47,320 --> 00:11:50,720 was like bearish case, right? Because it was 150 K prediction 232 00:11:50,720 --> 00:11:54,040 too, no? That was their base case. 22K is 233 00:11:54,040 --> 00:11:57,240 their base case. Base case, I think. 234 00:11:57,400 --> 00:11:59,160 Let's have a look. So Vanek, I forget what it was 235 00:11:59,160 --> 00:12:03,000 for Solana Vanek base case. I didn't see the solana one, 236 00:12:03,000 --> 00:12:05,080 what'd I miss? I'm trying to open this link for 237 00:12:05,120 --> 00:12:08,000 you guys. I looked into it all. 238 00:12:08,000 --> 00:12:10,680 So the place I saw from 2023 was Solana. 239 00:12:10,680 --> 00:12:15,160 Base case was 350 and the bull case was 3200. 240 00:12:16,880 --> 00:12:23,440 OK. Yeah, let me have a look. 241 00:12:23,640 --> 00:12:30,640 So yeah, bull case was 3000 by 2033. 1000 for Soul. 242 00:12:31,360 --> 00:12:33,320 Yeah. I don't have to go 330 bro, I 243 00:12:33,320 --> 00:12:37,120 may be dead by then. You guys give me 2030 244 00:12:37,120 --> 00:12:38,000 expectations. Like what? 245 00:12:38,000 --> 00:12:40,240 What's their like? Yeah, what? 246 00:12:40,240 --> 00:12:43,280 What's their like 20252026 expectations? 247 00:12:43,880 --> 00:12:48,160 I mean, they made they made this prediction back in last year 248 00:12:48,400 --> 00:12:52,280 when but everything was one of us like a fraction of his right 249 00:12:52,280 --> 00:12:55,080 now like the biggest honor volumes over the last year. 250 00:12:55,080 --> 00:12:58,640 So I don't know what they they would they would let's just say 251 00:12:58,640 --> 00:13:01,680 Van Ecker bullish. They're coming out pretty crazy 252 00:13:02,280 --> 00:13:06,960 here or very high ones at least. I guess the 10X on east over the 253 00:13:06,960 --> 00:13:10,680 next five years is possible. It's. 254 00:13:11,400 --> 00:13:14,240 Possible. For sure possible. 255 00:13:14,240 --> 00:13:16,160 I love that. I, I dug into that a bit. 256 00:13:16,160 --> 00:13:17,960 There was some other interesting takeaways. 257 00:13:17,960 --> 00:13:21,800 So like their, their second key take away in the report is they 258 00:13:22,240 --> 00:13:27,080 are recommending a 6% portfolio allocation to crypto for the 259 00:13:27,080 --> 00:13:31,160 average investor, which is, I mean, I think that's the number 260 00:13:31,160 --> 00:13:33,960 that we're starting to see floated around more from these 261 00:13:33,960 --> 00:13:36,320 investment managers. So I think we love to see that 262 00:13:36,680 --> 00:13:42,160 they recommended that 70% bitcoins, 30% ether split in 263 00:13:42,160 --> 00:13:45,440 that portfolio. So, so no mention of Solana just 264 00:13:45,440 --> 00:13:47,840 yet. I don't think their analysis is, 265 00:13:47,840 --> 00:13:49,840 I mean, Amanda, you're, you're much more familiar with, with 266 00:13:49,840 --> 00:13:53,160 this type of analysis and due diligence than I am. 267 00:13:53,160 --> 00:13:56,320 But I did find, you know, how they got to their numbers to be 268 00:13:56,320 --> 00:13:59,080 pretty interesting. So they basically maynet created 269 00:13:59,080 --> 00:14:02,600 their 20-30 forecast by looking at ISA, Tam, so total 270 00:14:02,600 --> 00:14:05,840 addressable market, which they calculated to be 15 trillion 271 00:14:06,400 --> 00:14:09,640 based on the finance, banking and payment sector, marketing, 272 00:14:09,640 --> 00:14:12,920 advertising, social and gaming, infrastructure and AI. 273 00:14:13,280 --> 00:14:16,240 And they put target penetration rates for each of those. 274 00:14:16,240 --> 00:14:19,760 So they're thinking each can get to 7 1/2% of the finance sector 275 00:14:19,760 --> 00:14:23,640 Tam, 20% of the marketing and gaming and social, 10% 276 00:14:23,640 --> 00:14:27,720 infrastructure, 5% AI. And then I think perhaps their 277 00:14:27,720 --> 00:14:30,720 biggest assumption, they didn't assume that ETH will capture 70% 278 00:14:30,720 --> 00:14:34,120 of future crypto application development across all block 279 00:14:34,120 --> 00:14:36,440 chains with a 5 to 10% take rate. 280 00:14:36,440 --> 00:14:40,200 So that that brought them to a forecast 66 billion in free cash 281 00:14:40,200 --> 00:14:42,520 flows. They put A33X multiple on that 282 00:14:42,800 --> 00:14:47,640 to get to a $2.2 trillion market cap, which equates to 22,000 per 283 00:14:47,640 --> 00:14:49,080 E. So that is their back in the 284 00:14:49,080 --> 00:14:51,600 applicant math. I mean, certainly that there's 285 00:14:51,640 --> 00:14:53,480 assumptions there that you can poke holes in. 286 00:14:53,480 --> 00:14:56,160 I think perhaps the, the one that I would find the most 287 00:14:56,160 --> 00:14:59,840 controversial is 70% of future crypto app development happening 288 00:14:59,880 --> 00:15:01,960 on ETH. I mean, that's a, that's a lofty 289 00:15:01,960 --> 00:15:04,080 target. I mean, it's, it's perhaps 290 00:15:04,080 --> 00:15:07,800 pretty doable, but I don't know, it was interesting for me to, to 291 00:15:07,800 --> 00:15:11,680 read through, you know, how they got to the numbers because I 292 00:15:11,680 --> 00:15:13,280 hadn't really seen it laid out like that before. 293 00:15:15,200 --> 00:15:17,680 Yeah, I think, I think it's difficult to imagine a scenario 294 00:15:17,680 --> 00:15:21,240 where both Solana and ETH are at that crazy high valuation 295 00:15:21,240 --> 00:15:25,360 because the idea of crypto penetration or yeah, that seemed 296 00:15:25,360 --> 00:15:28,000 they seem like they're both going to be competing on a lot 297 00:15:28,000 --> 00:15:32,320 of their stuff. So I don't know. 298 00:15:33,040 --> 00:15:38,320 Yeah, that's. What was also interesting, and 299 00:15:38,320 --> 00:15:41,080 I'll chub about this, I promise, they refer to ETH as four 300 00:15:41,080 --> 00:15:42,800 different things in the analysis. 301 00:15:42,800 --> 00:15:45,680 They call it digital oil, programmable money, yield 302 00:15:45,680 --> 00:15:48,440 bearing commodity and Internet reserve currency. 303 00:15:48,840 --> 00:15:51,640 I, I guess in their analysis it's kind of additive, which 304 00:15:51,640 --> 00:15:53,080 perhaps that makes the net positive. 305 00:15:53,080 --> 00:15:55,680 But you know, on the show we've been talking about how it's hard 306 00:15:55,680 --> 00:15:59,040 to answer the question of specifically what ETH is. 307 00:15:59,040 --> 00:16:01,440 And I think even Vanek acknowledges that it's a lot of 308 00:16:01,440 --> 00:16:05,320 things, but not necessarily one. So we'll see how that sales 309 00:16:05,320 --> 00:16:07,560 pitch works. I like digital oil. 310 00:16:07,560 --> 00:16:08,560 That's kind of wild. It's. 311 00:16:09,480 --> 00:16:10,720 AI mean that's been a narrative I've heard. 312 00:16:11,000 --> 00:16:12,560 I've heard that narrative plenty of times. 313 00:16:13,040 --> 00:16:13,520 Yeah. Yeah. 314 00:16:13,520 --> 00:16:15,360 You know who loves to say that? It's Lattimore. 315 00:16:16,080 --> 00:16:19,480 It's from him, but like since yours if one of our friends it's 316 00:16:19,760 --> 00:16:24,040 it's maxi loves loves to say Bitcoin is it's digital gold and 317 00:16:25,720 --> 00:16:28,680 is digital oil. You know, chat a lot more. 318 00:16:30,800 --> 00:16:33,080 He says it has his hair weaves in the back in the streets of 319 00:16:33,120 --> 00:16:35,760 Paris. You know developer's account, 320 00:16:35,760 --> 00:16:39,040 but it's OK. I think it's much stronger than 321 00:16:39,520 --> 00:16:43,360 than a yield bearing currency. I I I think it is stronger. 322 00:16:43,800 --> 00:16:46,480 I mean it's been a while since we've checked the ultrasound dot 323 00:16:46,480 --> 00:16:49,760 money website how we doing on the have strong wow, it seems 324 00:16:49,760 --> 00:16:53,080 like we're probably doing good. No Oh no, we've printed 10,000 325 00:16:53,080 --> 00:16:56,200 more each this week. You know, but yeah, it's. 326 00:16:57,600 --> 00:16:59,560 Kind of. It's going to be inflationary 327 00:16:59,560 --> 00:17:01,640 for a long, long time. I mean, since merged we're still 328 00:17:01,640 --> 00:17:05,119 down 375,000 each. That means still means 329 00:17:05,119 --> 00:17:06,319 something, right? Guys? 330 00:17:06,319 --> 00:17:07,640 It's almost two years since merge. 331 00:17:09,160 --> 00:17:10,520 Yeah. So the big thing is this recent 332 00:17:10,520 --> 00:17:13,040 change, right? This recent change for the L2's 333 00:17:13,040 --> 00:17:13,680 SO. Yeah. 334 00:17:14,400 --> 00:17:16,480 That's that's. The changes. 335 00:17:16,880 --> 00:17:18,800 Yeah, definitely interesting. All right, well, look, macro 336 00:17:18,800 --> 00:17:20,560 wise, it looks like that's some of the stuff in Mando. 337 00:17:20,680 --> 00:17:22,720 Are we going to, are we going to break out of this? 338 00:17:22,760 --> 00:17:26,319 Are we going to break out of this cursed spot here or what? 339 00:17:26,319 --> 00:17:28,800 Like you're talking about 12 times trying it. 340 00:17:29,120 --> 00:17:32,800 Just did it again again today, yesterday, today, the day 341 00:17:32,800 --> 00:17:36,280 before, three days in a row. Look at that that we're trying. 342 00:17:37,400 --> 00:17:38,600 I'm repeating what I'm going to say. 343 00:17:38,600 --> 00:17:43,440 Like sometimes you break out of a range like this, but more 344 00:17:43,440 --> 00:17:48,040 often than not, it needs to like on the day of NFPS or one day 345 00:17:48,320 --> 00:17:50,960 week, it needs to touch that lower bound and then just gig 346 00:17:50,960 --> 00:17:55,160 ascend all the way through. You know, like, yeah, zoom out a 347 00:17:55,160 --> 00:17:57,280 little bit. Yeah, here you go. 348 00:17:57,320 --> 00:17:58,920 Here you go. Go to the right. 349 00:18:00,360 --> 00:18:03,840 Do you want me to go on weekly? I want to see no, no, no, this 350 00:18:03,840 --> 00:18:05,600 is perfect. But you can see how it's like 351 00:18:05,600 --> 00:18:08,280 narrowing there. It just has to touch like 67 K 352 00:18:08,280 --> 00:18:10,560 in like a week and that would touch the lower bound and then 353 00:18:10,560 --> 00:18:13,880 it would just poof by. The way right there, right there 354 00:18:13,880 --> 00:18:16,600 it's it is it's right there it's that OK so you're staying right 355 00:18:16,600 --> 00:18:20,000 there bang. So Mango is making a crawl here 356 00:18:20,120 --> 00:18:21,280 for. These things. 357 00:18:21,280 --> 00:18:24,520 Happen. There you go, There you go. 358 00:18:24,520 --> 00:18:26,240 Look at my beautiful line. Look at my. 359 00:18:26,240 --> 00:18:30,520 I thought yesterday was the day like we got to what, 71600? 360 00:18:30,520 --> 00:18:34,880 I thought it broke through that, that level that the ceiling and 361 00:18:34,880 --> 00:18:36,680 I'm starting to to get the champagne. 362 00:18:36,680 --> 00:18:38,640 Out is this a fair assessment 'cause I actually agree with 363 00:18:38,640 --> 00:18:41,000 that one like you know, we're looking at we're looking at you 364 00:18:41,000 --> 00:18:42,400 know, oh, but then we're in July. 365 00:18:42,400 --> 00:18:45,240 So we're like maybe before that, you know, but it, you're right, 366 00:18:45,240 --> 00:18:47,080 Mando did tell me something. It's never a straight line up 367 00:18:47,080 --> 00:18:51,520 that most people think so so we'll see we'll see what goes 368 00:18:51,520 --> 00:18:54,160 down here, but, but hopefully we'll get, we'll break out of 369 00:18:54,160 --> 00:18:55,240 this range. One thing's for sure, you're 370 00:18:55,240 --> 00:18:57,120 probably going to find out from the timeline faster. 371 00:18:57,120 --> 00:19:00,160 You're going to find out from, from, from the charts, because 372 00:19:00,160 --> 00:19:02,200 everybody's going to be screaming about it and it's 373 00:19:02,200 --> 00:19:03,920 going to be fun. I'm really excited for the 374 00:19:03,920 --> 00:19:07,520 candle to $80,000 like I, I've been manifesting, you guys know, 375 00:19:08,120 --> 00:19:11,360 front end, back end. I've been manifesting 2 candles 376 00:19:11,360 --> 00:19:14,360 to 80 K. That's all it takes 5K5K bad 377 00:19:14,360 --> 00:19:17,680 easy, easy money, easy work, easy work. 378 00:19:17,800 --> 00:19:19,960 We got this we got the dog in US now that's who we are. 379 00:19:20,200 --> 00:19:23,000 I mean look at the news. You know one post I want to I 380 00:19:23,600 --> 00:19:27,720 point towards and I want to hear Tylers top million that we got 381 00:19:27,720 --> 00:19:30,600 It was actually it was actually DC investor and I invite 382 00:19:30,600 --> 00:19:32,840 everybody to read. I copy pasted it so you can find 383 00:19:32,840 --> 00:19:35,480 it on my timeline but was DCS post and it's so good. 384 00:19:35,880 --> 00:19:38,480 He says CNBC won't shut up about crypto. 385 00:19:38,480 --> 00:19:40,520 It's usually the first thing they ask regulators about when 386 00:19:40,520 --> 00:19:42,880 they join their shows. Tri fi journalists, analysts and 387 00:19:42,880 --> 00:19:45,880 firms are all hopping on the crypto bandwagon because like 388 00:19:45,880 --> 00:19:48,400 everything else, they want the attention from participating in 389 00:19:48,400 --> 00:19:50,120 the hottest emerging market on the planet. 390 00:19:50,440 --> 00:19:53,320 Coinbase is not publicly listed company and along with others 391 00:19:53,320 --> 00:19:55,640 has been spearheading legal victories against misapplied 392 00:19:55,760 --> 00:19:59,720 regulatory authorities. The Bitcoin ETF has been live 393 00:19:59,920 --> 00:20:02,600 and has seen unprecedented demand in ETF space. 394 00:20:03,000 --> 00:20:05,120 Right. Already $20 billion worth of 395 00:20:05,120 --> 00:20:08,440 volume. ETF about to launch at the start 396 00:20:08,440 --> 00:20:10,840 of the retail bull market. BlackRock is literally 397 00:20:10,840 --> 00:20:13,560 tokenizing funds and theorem and the CEO talks non-stop about a 398 00:20:13,560 --> 00:20:17,480 hunting tokenization and now Robin Hood the default stock 399 00:20:17,480 --> 00:20:20,040 trading up for Gen. Z is buying a crypto exchange to 400 00:20:20,040 --> 00:20:23,480 get share in the market. Imagine not being long AF in 401 00:20:23,480 --> 00:20:27,920 crypto right now. I couldn't so DC investor, you 402 00:20:27,920 --> 00:20:31,400 know well said well said I had to read this tweet out for 403 00:20:31,400 --> 00:20:33,120 everybody as if it wasn't enough to share it. 404 00:20:33,680 --> 00:20:36,640 I had to read it out. You are not sufficiently 405 00:20:36,640 --> 00:20:41,640 bullish, so love to see it love ether 38 love saw at 172 and our 406 00:20:41,640 --> 00:20:43,160 meme coins. They're going to meme. 407 00:20:43,160 --> 00:20:45,880 They're going to do their thing. They're going to cook slowly, 408 00:20:45,880 --> 00:20:48,520 but but definitely liking what we're seeing from the macro here 409 00:20:49,000 --> 00:20:52,880 Mando and hopefully tomorrow biggest numbers in history come 410 00:20:52,880 --> 00:20:56,000 in and then we're going to pump to 80 K for for Shabbat. 411 00:20:56,040 --> 00:20:57,680 You know, I like my Shabbat candles anyways. 412 00:20:57,920 --> 00:21:02,520 So in other news, Tyler, let's get into your top here because 413 00:21:02,520 --> 00:21:06,960 I'm curious to what you got for us NFT and crypto analysis. 414 00:21:08,720 --> 00:21:11,120 Tyler did on four more hour calls. 415 00:21:11,120 --> 00:21:16,600 The kid can't. Bring the Bachelor Bears top 416 00:21:16,600 --> 00:21:18,000 story. We covered it already. 417 00:21:18,000 --> 00:21:22,400 Vanek releasing their $22,000 price target for ETH for 20-30 418 00:21:22,400 --> 00:21:27,280 along with this wild $154,000 bull case target signing the 15 419 00:21:27,280 --> 00:21:31,160 trillion Tam for ETH and its ability to capture 70% of future 420 00:21:31,160 --> 00:21:34,400 crypto DAP development. Next up, we covered on 421 00:21:34,400 --> 00:21:37,360 yesterday's show, Coinbase launches their smart wallet for 422 00:21:37,360 --> 00:21:39,040 easier onboarding. That is the goal. 423 00:21:39,040 --> 00:21:41,720 It features sponsored transactions so apps can pay 424 00:21:41,720 --> 00:21:43,960 fees for you. You don't have to pay, 425 00:21:44,240 --> 00:21:48,320 fingerprint and Face ID access gets set up in seconds, no seed 426 00:21:48,320 --> 00:21:52,280 phrases and immediate connection to 8 networks in their super 427 00:21:52,280 --> 00:21:55,360 chain. Next up, blast, they confirmed 428 00:21:55,360 --> 00:21:59,400 their AirDrop date of June 26th. They told dapps, hey, you have 429 00:21:59,400 --> 00:22:03,400 to distribute all of your gold by June 25th for it to count. 430 00:22:03,400 --> 00:22:06,640 This is going to be a massive 3 week Sprint now ahead of us. 431 00:22:06,920 --> 00:22:10,320 They also teased new opportunities for dapps not yet 432 00:22:10,320 --> 00:22:15,680 on blast so more is coming for season 2 parallel big news prime 433 00:22:15,680 --> 00:22:19,240 staking or or technically cashing is now live $100 million 434 00:22:19,240 --> 00:22:20,760 worth of prime is already staked. 435 00:22:20,760 --> 00:22:24,600 It comes with three options. You can do 21 day staking for 436 00:22:24,600 --> 00:22:31,680 one point O 5 XA, 180 day staking for 2.43 X and then 1095 437 00:22:31,680 --> 00:22:35,640 day or three years for a whopping 85X if you're willing 438 00:22:35,640 --> 00:22:37,880 to lock them up for that period of time. 439 00:22:37,880 --> 00:22:42,320 So that was a pretty big story in Polify all the market odds on 440 00:22:42,320 --> 00:22:47,120 Biden dropping out of the 2024 election surged to 22% after a 441 00:22:47,120 --> 00:22:50,320 Wall Street Journal piece said that he's showing signs of 442 00:22:50,320 --> 00:22:53,440 slipping behind the scenes. The political meme coin market 443 00:22:53,440 --> 00:22:57,760 has responded obema, which is the Michelle Obama coin. 444 00:22:57,760 --> 00:23:01,600 It jumped 170%. Tremp briefly hit a new all time 445 00:23:01,600 --> 00:23:07,560 high Bowden Oh no, down 28% on the day to 188 a 180 million now 446 00:23:07,560 --> 00:23:11,200 down about 75% from peak. But in brighter meme coin news, 447 00:23:11,280 --> 00:23:13,960 Mother Iggy's token, she's battling with the talk. 448 00:23:13,960 --> 00:23:16,600 And hey, Nana's on the timeline. The market likes it. 449 00:23:16,600 --> 00:23:18,920 It hit the whole time behind near 200 million this morning. 450 00:23:18,920 --> 00:23:21,760 I think I saw it 180 million right before we went live. 451 00:23:22,400 --> 00:23:25,320 So just another big day for our our new mother. 452 00:23:26,400 --> 00:23:30,200 You see this Biden video today. Yeah, Mando just sent something. 453 00:23:30,200 --> 00:23:31,320 It's funny. When you send it 5. 454 00:23:31,640 --> 00:23:34,080 Mando just sent us something like 5 seconds. 455 00:23:34,120 --> 00:23:37,240 He's just like pulled out of this event in in France, like. 456 00:23:37,520 --> 00:23:39,920 This guy. Looks old. 457 00:23:43,160 --> 00:23:44,600 This is this was this morning, right? 458 00:23:44,920 --> 00:23:48,960 Your friends. Distinguished guests, please 459 00:23:48,960 --> 00:23:51,640 welcome the Honorable Lloyd J Austin. 460 00:23:53,680 --> 00:23:56,280 They pulled just pulled him out. They did. 461 00:23:56,280 --> 00:23:57,480 I don't know. I don't see the rest of the 462 00:23:57,480 --> 00:24:00,760 video. I don't know. 463 00:24:00,760 --> 00:24:03,200 I I I think like, I know some people laugh this. 464 00:24:03,280 --> 00:24:05,040 I think it's just sad, dude. Yeah. 465 00:24:05,080 --> 00:24:11,320 It's like, it's like, I don't know, super sad market here, but 466 00:24:11,320 --> 00:24:12,920 what do you think, Tyler this is? 467 00:24:13,760 --> 00:24:16,400 I don't want to make fun of him. He's had a long, hard life. 468 00:24:16,400 --> 00:24:18,360 He's 80 years old. Yeah, exactly. 469 00:24:18,680 --> 00:24:22,840 This job is too hard for an 80 year old man or wanting to 470 00:24:22,840 --> 00:24:24,600 perform. I'm just here to make money 471 00:24:24,600 --> 00:24:26,120 guys. Should we should we be trading 472 00:24:26,120 --> 00:24:28,200 this on Poly market? Or we should be, but The thing 473 00:24:28,200 --> 00:24:31,600 is on Polygon dude this. Feels like a decent trade here, 474 00:24:31,600 --> 00:24:32,120 right? Like I. 475 00:24:32,800 --> 00:24:34,200 Don't have any money I can put a bet on. 476 00:24:34,200 --> 00:24:35,440 You know what? We should Poly market here 477 00:24:35,560 --> 00:24:37,200 together on stuff. We always talk about it. 478 00:24:37,400 --> 00:24:42,200 Look, dude, what? That's a market right there, 479 00:24:42,640 --> 00:24:44,560 right? That's a market right there. 480 00:24:44,600 --> 00:24:46,680 That's a market right there. Shit dude, I. 481 00:24:46,880 --> 00:24:49,280 Think that's the bet. Will Biden drop out? 482 00:24:49,400 --> 00:24:52,480 Because the trying to bet on the replacement nominees is a little 483 00:24:52,480 --> 00:24:54,320 bit harder right now. I don't think there's really a 484 00:24:54,440 --> 00:24:58,400 clear horse to bet on. You're going to get better odds. 485 00:24:58,760 --> 00:25:01,640 5 to one basically seems really good. 486 00:25:02,000 --> 00:25:05,200 Or what I what I feel like is becoming an increasing certainty 487 00:25:05,600 --> 00:25:08,280 that he will drop out. I guess the only thing with 488 00:25:08,280 --> 00:25:10,240 Polymark is you have to worry about like the wording and I 489 00:25:10,240 --> 00:25:14,680 don't know exactly like if if he's replaced at the DNC, does 490 00:25:14,680 --> 00:25:16,360 does that count for the best? So I'd have to look. 491 00:25:16,360 --> 00:25:19,400 Specifically then like like I'm I'm not too familiar with like 492 00:25:19,400 --> 00:25:23,280 how it works for like in America and stuff like how say he was to 493 00:25:23,280 --> 00:25:28,160 like drop out. Already the Democratic 494 00:25:28,280 --> 00:25:31,600 candidate, like it was like he said, the DNC has already 495 00:25:31,600 --> 00:25:33,400 decided that he was a candidate, so. 496 00:25:34,080 --> 00:25:36,480 Right. It'd be like a formal process 497 00:25:36,480 --> 00:25:38,560 now. I don't know if it would. 498 00:25:38,600 --> 00:25:41,520 Would it just like be decided at the DNC? 499 00:25:42,240 --> 00:25:44,760 That's what folks think, that if it is going to happen, it would 500 00:25:44,760 --> 00:25:46,280 happen there. When is that? 501 00:25:46,680 --> 00:25:49,400 It's in late August. It's actually happening half a 502 00:25:49,400 --> 00:25:52,240 mile down the street from me. Oh damn, then you can go with a 503 00:25:52,240 --> 00:25:54,240 tramp sign or something, I don't know. 504 00:25:54,640 --> 00:25:58,000 Yeah, we'll, we'll send you there for content, Tyler. 505 00:25:58,000 --> 00:26:00,520 Just there with that dude with sign with like a Donald Trump 506 00:26:00,520 --> 00:26:02,240 sign or something. Wait, what? 507 00:26:02,520 --> 00:26:06,040 Whoa, what was that them? I hate this MacBook OS update 508 00:26:06,040 --> 00:26:07,400 that does these fireworks and stuff. 509 00:26:07,960 --> 00:26:12,040 But the odds right now if by so it looks like the odds are 510 00:26:12,200 --> 00:26:15,440 obviously I don't know would RFK, would they just pick RFK as 511 00:26:15,440 --> 00:26:16,200 a candidate? You right? 512 00:26:16,200 --> 00:26:19,080 No, he's a index, right? No. 513 00:26:19,080 --> 00:26:23,400 So then after that the the next most likely are Michelle Obama 514 00:26:23,400 --> 00:26:26,360 and Gavin Newsom. Oh, Gavin Newsom. 515 00:26:26,360 --> 00:26:32,120 Why did I even know this guy? Those little horses. 516 00:26:32,400 --> 00:26:33,760 They're here. They're here, here on screen, 517 00:26:34,400 --> 00:26:37,240 Michelle. Likes Michelle, but I just don't 518 00:26:37,240 --> 00:26:39,960 know that it's just a question of whether or not she wants to 519 00:26:39,960 --> 00:26:42,200 do the the job. I think she's the only dim that 520 00:26:42,200 --> 00:26:45,120 can win. Newsom's got no shot to win. 521 00:26:45,840 --> 00:26:48,320 Yeah, I mean, he could get the nominee, but he's not going to 522 00:26:48,400 --> 00:26:52,440 win the election. So yeah, didn't isn't Gavin 523 00:26:52,440 --> 00:26:55,480 Newsom the the California guy that like was throwing parties 524 00:26:55,880 --> 00:26:58,240 in like French restaurants during COVID while locking down 525 00:26:58,240 --> 00:27:00,480 his entire country? Yeah, he he was having dinner at 526 00:27:00,480 --> 00:27:03,120 the French Laundry. You see that this is how like in 527 00:27:03,120 --> 00:27:04,880 Canada. That's what I know of him. 528 00:27:05,520 --> 00:27:06,480 I don't know him for anything else. 529 00:27:06,480 --> 00:27:11,600 That's wow. Bomb Michelle Obama versus Trump 530 00:27:11,640 --> 00:27:14,960 that I mean, I can't think of a more like divisive US election. 531 00:27:15,480 --> 00:27:20,360 Brother, that is like a movie like I like, that's like the 532 00:27:20,360 --> 00:27:24,560 script. For the oh God, that's gonna be 533 00:27:25,280 --> 00:27:27,320 yeah, that's. Absolutely. 534 00:27:28,040 --> 00:27:30,360 So what coin do we buy so we can do it on polymarket? 535 00:27:30,400 --> 00:27:34,600 I mean, all you have to do is go pick up all these politicians 536 00:27:34,600 --> 00:27:37,280 and buy the like the, the redacted coin of it, right? 537 00:27:37,280 --> 00:27:40,000 So Clinton, you had the Clinton one. 538 00:27:40,000 --> 00:27:42,400 I know Kennedy, you have one. I know Kamala, you have one. 539 00:27:42,400 --> 00:27:44,960 Obama, you have one, you have a, you have you have a like a 540 00:27:44,960 --> 00:27:46,680 redacted version for all of these you. 541 00:27:47,920 --> 00:27:49,920 Know Obama looks the best. I don't own any. 542 00:27:50,400 --> 00:27:52,600 It's still pretty low. I think it's below 10 million 543 00:27:52,600 --> 00:27:54,960 still. I mean instead of betting on her 544 00:27:54,960 --> 00:27:56,920 own Plymark, you can just bet on that coin. 545 00:27:57,280 --> 00:28:00,360 That is so wild dude. I That is so Obama. 546 00:28:00,960 --> 00:28:02,000 You. Said Obama. 547 00:28:02,000 --> 00:28:04,080 Yeah, I remember having that at some point earlier. 548 00:28:04,080 --> 00:28:06,720 I was buying all of them. Then I gave up on all of them. 549 00:28:08,760 --> 00:28:11,200 It's roofing. Oh it's trading around 550 00:28:11,440 --> 00:28:14,600 15,000,000 market cap for me. Yeah. 551 00:28:14,600 --> 00:28:17,240 So it's moving. So that's that's interesting 552 00:28:17,240 --> 00:28:19,720 behavior, right, to tie back to crypto and stuff, not to go too 553 00:28:19,720 --> 00:28:22,200 deep politics, but like you have some people that are going to go 554 00:28:22,200 --> 00:28:24,280 on the prediction market, but some people their prediction 555 00:28:24,280 --> 00:28:27,400 market is the social fly in a way for them is meme coins, 556 00:28:27,400 --> 00:28:29,480 right? So that's where meme coins do 557 00:28:29,480 --> 00:28:32,040 become social fly, where like people kind of like bet on 558 00:28:32,040 --> 00:28:34,160 different outcomes and odds based on that, right? 559 00:28:34,760 --> 00:28:37,360 Yeah, I think this market is just so interesting like this. 560 00:28:37,400 --> 00:28:40,800 We're getting daily headlines now, and you can bet on it on 561 00:28:40,800 --> 00:28:42,720 these tokens. But think about it. 562 00:28:43,160 --> 00:28:46,520 That's also one way crypto ironically, is becoming 563 00:28:46,520 --> 00:28:48,440 mainstream. Forget the celebrity shit. 564 00:28:49,080 --> 00:28:51,000 It's the politician coins, right? 565 00:28:51,240 --> 00:28:53,200 Like the Boden thing for a moment was out there, right? 566 00:28:53,200 --> 00:28:55,080 Remember we talked about on the show, like the whole headline on 567 00:28:55,080 --> 00:28:57,040 Bloomberg? Was it like, oh, Boden, like the 568 00:28:57,320 --> 00:28:58,800 at the rally, like they had the Boden thing? 569 00:28:58,800 --> 00:29:02,240 Like it's, it's actually, I find that fascinating from a like 570 00:29:02,240 --> 00:29:08,440 social standpoint. Aping Michelle Obama here like 571 00:29:08,440 --> 00:29:11,840 this. Thing I know are you are you man 572 00:29:11,840 --> 00:29:16,840 has gone full full. I mean by the you're saying this 573 00:29:16,840 --> 00:29:19,160 now, you're probably front run by now, so I hope you packed it 574 00:29:19,160 --> 00:29:21,680 back I. Did A10XI didn't even see this? 575 00:29:21,800 --> 00:29:24,400 Oh my God, I've had that so long ago. 576 00:29:24,920 --> 00:29:27,640 At one stage it hit 30, now it's down at 15. 577 00:29:27,640 --> 00:29:29,760 So it's done a five since yesterday. 578 00:29:31,400 --> 00:29:32,720 I'm. Gonna stop trading machine. 579 00:29:32,840 --> 00:29:34,520 Where does? Where does that go If? 580 00:29:34,560 --> 00:29:37,160 If that goes probably 100 maybe if. 581 00:29:37,240 --> 00:29:40,280 If she gets. I'm just guessing. 582 00:29:40,960 --> 00:29:43,800 It will get higher if she gets the nomic goes higher right? 583 00:29:44,360 --> 00:29:46,680 So what's? The Boden hit 600 million. 584 00:29:48,000 --> 00:29:52,920 Boden hit 600. Yeah, Michelle, I mean, she, she 585 00:29:52,920 --> 00:29:55,280 has a higher chance of winning than Biden, in my opinion. 586 00:29:56,400 --> 00:29:59,960 I do think she's a better. I think she'd have. 587 00:30:00,200 --> 00:30:01,800 There's a more chance she'd become president. 588 00:30:01,800 --> 00:30:03,840 I think the issue with Biden is that everyone didn't think he'd 589 00:30:03,840 --> 00:30:06,040 win, but. Well, the issue with Biden is 590 00:30:06,040 --> 00:30:09,000 that the dude, whether he like him or not, the poor old man is 591 00:30:09,000 --> 00:30:10,440 like not feeling well, like, you know what I mean? 592 00:30:10,440 --> 00:30:13,400 It's like, it's like, I see the yeah, it's like he's not like, 593 00:30:13,400 --> 00:30:17,160 he's not even like fit. Bowden is in trouble. 594 00:30:17,160 --> 00:30:20,000 Bowden, the token is in trouble. Here now, Bowden token's done, 595 00:30:20,000 --> 00:30:22,520 dude, I I'm telling you that I think that Bowden, I think that 596 00:30:22,520 --> 00:30:25,200 coin is cooked unless there's like a huge comeback part. 597 00:30:25,760 --> 00:30:30,400 Is the trade tramping at Obama? What should I go next to 100? 598 00:30:31,080 --> 00:30:32,320 Probably. I mean that Trump. 599 00:30:32,320 --> 00:30:35,440 Trump has been the Trump, the Donald Trump coins have been the 600 00:30:35,440 --> 00:30:36,880 trade. It's still ranging. 601 00:30:36,880 --> 00:30:39,360 It's 133 did. Yeah, Trump had all time high 602 00:30:39,360 --> 00:30:41,200 yesterday, Yeah. Trump. 603 00:30:41,200 --> 00:30:44,520 Trump has been the trade. Look at that. 604 00:30:45,400 --> 00:30:47,720 Yeah, yeah. Well, we call that stairway to 605 00:30:47,720 --> 00:30:51,160 heaven. But Kraken would like insta list 606 00:30:51,640 --> 00:30:53,720 Obama, right? I don't know. 607 00:30:53,720 --> 00:30:57,120 Speaking of which, I know others with them, but what's with 608 00:30:57,160 --> 00:30:59,320 Kraken listing shit coins now? I love that. 609 00:30:59,360 --> 00:31:01,480 Didn't they didn't they didn't they? 610 00:31:01,600 --> 00:31:04,160 Didn't Kraken list Poten and Tramp yesterday? 611 00:31:04,160 --> 00:31:06,520 Yeah, they just listed I think yesterday or two days ago, 612 00:31:08,000 --> 00:31:10,640 Kraken's getting in on Polyfy. They they see it. 613 00:31:11,360 --> 00:31:13,040 The market's only going to go up, right? 614 00:31:13,040 --> 00:31:16,560 Like this is one of the most interesting sectors in in meme 615 00:31:16,560 --> 00:31:19,640 coins and it feels like there's a little bit more substance to 616 00:31:19,680 --> 00:31:23,200 it than just purely betting on tickers and and and memes. 617 00:31:23,600 --> 00:31:27,280 So it it's an easy case like Peter Jennings on our on our 618 00:31:27,280 --> 00:31:31,920 show, he he's not deep in many meme coins, but he's super 619 00:31:31,920 --> 00:31:34,400 interested in the polyfi sector. And I think there's. 620 00:31:34,960 --> 00:31:35,800 More. Cases. 621 00:31:36,600 --> 00:31:38,280 No, it's interesting. I mean, what do you have? 622 00:31:38,520 --> 00:31:39,800 Trump? Oh, that's not the right one. 623 00:31:40,280 --> 00:31:42,240 All the Trump coins are are pumping, though. 624 00:31:42,240 --> 00:31:44,200 I don't even know. What this is, there's so many 625 00:31:44,200 --> 00:31:47,440 Trump coins, That's the that's like the biggest risk to it. 626 00:31:47,880 --> 00:31:50,200 What's the right one? For me it was always Trump on 627 00:31:50,200 --> 00:31:52,720 each and then Tramp on soul. Like I can't even find the Trump 628 00:31:52,720 --> 00:31:55,520 on each coin now. Like there's so many it's hard 629 00:31:55,520 --> 00:31:57,520 to even find it. And I, I literally think that's 630 00:31:57,520 --> 00:31:59,720 a part of the problem. Like people, if you don't have 631 00:31:59,760 --> 00:32:02,160 it, you, you don't know where to, to go to get it. 632 00:32:02,920 --> 00:32:05,400 I I thought for the longest time that that was the strongest bet 633 00:32:05,400 --> 00:32:07,400 on Trump was. The Trump coin, you're seeing my 634 00:32:07,400 --> 00:32:09,960 screen, right? We it's not even the the it's 635 00:32:09,960 --> 00:32:12,760 not even there. The the ETH one, the the Trump 636 00:32:12,760 --> 00:32:14,400 coin. I was looking. 637 00:32:14,560 --> 00:32:16,600 At the ETH pending board and I couldn't even find it on the on 638 00:32:16,600 --> 00:32:18,760 the pending. Sure, I found it because I had 639 00:32:18,760 --> 00:32:22,320 it saved, but there it is. That was the previous. 640 00:32:22,920 --> 00:32:26,640 Oh, so it's down. It's actually down, you know, 641 00:32:26,640 --> 00:32:27,760 but it's going to be interesting. 642 00:32:27,760 --> 00:32:29,720 I don't follow. I've personally missed every dip 643 00:32:29,720 --> 00:32:31,200 on that. So if we see dips up 10, I'll 644 00:32:31,200 --> 00:32:32,480 probably finally make a move here. 645 00:32:33,560 --> 00:32:36,640 But it's going to be interesting to follow all these politics 646 00:32:36,640 --> 00:32:38,320 coin. But what do you think? 647 00:32:38,320 --> 00:32:41,360 Like if, if, if ETH, if Solana's the narrative for meme coins, 648 00:32:41,400 --> 00:32:42,880 Solana won't catch up to the ETH one. 649 00:32:42,880 --> 00:32:44,120 That's that's what I always wondered. 650 00:32:44,120 --> 00:32:45,880 But see, that's the problem with the Trump coins. 651 00:32:46,400 --> 00:32:49,000 They're like cap coins. There's too many anyways. 652 00:32:49,400 --> 00:32:51,960 The the bet is on is Trump going to name drop his token? 653 00:32:51,960 --> 00:32:54,680 He's not going to name drop. Trim that. 654 00:32:54,680 --> 00:32:57,280 That's out. But why does the? 655 00:32:57,360 --> 00:32:59,560 Star, we're going to name drop. This Trump token question for 656 00:32:59,560 --> 00:33:01,240 you. Let's go deep. 657 00:33:01,480 --> 00:33:04,240 What are the odds of him slipping because he knows about 658 00:33:04,240 --> 00:33:06,640 tramp and saying tramp. Yes, it's Trump. 659 00:33:07,040 --> 00:33:08,440 Why are the odds of him? Low. 660 00:33:08,600 --> 00:33:10,880 Low like less than 1%? What do? 661 00:33:12,000 --> 00:33:14,080 You call that when you slip by accident, but it's because 662 00:33:14,080 --> 00:33:15,040 you've been thinking of something. 663 00:33:15,200 --> 00:33:16,960 Freudian slip. Freedom slip. 664 00:33:17,080 --> 00:33:20,960 Yeah, that's see Melissa's saying MAGA hat. 665 00:33:21,240 --> 00:33:25,280 I I don't I I don't know y'all I I, I, I I don't know anymore 666 00:33:25,280 --> 00:33:28,040 what's the, what The, the the alpha is here. 667 00:33:28,040 --> 00:33:31,760 I know Mindo had cooked the boat and trade early on, but that's 668 00:33:31,760 --> 00:33:36,200 about as far as I remember so I guess we'll see on the floor I 669 00:33:36,240 --> 00:33:39,120 feel. Like this Obama, apparently 670 00:33:39,120 --> 00:33:41,240 she's I mean, I just I just searched her name. 671 00:33:41,240 --> 00:33:43,520 Looks like her mother died yesterday, but she's she's 672 00:33:43,520 --> 00:33:46,080 denied it before as well that she would ever do it. 673 00:33:47,560 --> 00:33:50,040 I don't know, like, who else are they going to pick? 674 00:33:50,480 --> 00:33:52,520 But I'm, you know what? It's interesting though. 675 00:33:52,520 --> 00:33:55,880 Imagine they bring Kennedy back and it's like, yeah. 676 00:33:56,840 --> 00:33:59,440 Well, they've really burned some bridges with him, right? 677 00:33:59,440 --> 00:34:01,720 Like he probably feels very ostracized because they've done 678 00:34:01,720 --> 00:34:04,040 a really tough job of like trying to get him off ballots in 679 00:34:04,040 --> 00:34:06,400 different in different States and stuff. 680 00:34:06,840 --> 00:34:09,600 I'm not aware of all this. I'm I'm actually wondering my, 681 00:34:09,600 --> 00:34:12,840 the Canadian mind here is like, why is Kennedy not supported by 682 00:34:12,840 --> 00:34:14,639 the Kennedy? Aren't isn't Kennedy the biggest 683 00:34:14,639 --> 00:34:17,080 politician family in the world ever one of them? 684 00:34:17,600 --> 00:34:19,280 Democrats, they're all Democrats. 685 00:34:19,280 --> 00:34:22,440 So they they were very anti him also for it. 686 00:34:23,880 --> 00:34:27,719 OK, well, look, I guess we'll follow that. 687 00:34:28,480 --> 00:34:30,800 Something tells me Mendel's about to make a trade, take a 688 00:34:30,800 --> 00:34:31,800 trade here. But. 689 00:34:31,920 --> 00:34:34,120 Why not? This is like AI mean if she 690 00:34:34,120 --> 00:34:37,679 becomes it, if she becomes the candidate, that could go to 200 691 00:34:37,679 --> 00:34:39,440 million I reckon. Yeah. 692 00:34:39,960 --> 00:34:43,719 So here's the next date, June 27th is the is the the debate 693 00:34:43,800 --> 00:34:48,600 between Trump and Biden. It seems unlikely that he will, 694 00:34:48,639 --> 00:34:52,199 he will withdraw before then. So you've got a little bit of 695 00:34:52,199 --> 00:34:52,760 run on. Interesting. 696 00:34:52,800 --> 00:34:56,840 Thesis here jello bites and actually she's saying if Biden 697 00:34:56,840 --> 00:35:00,720 is in cap is in cap encapsitated. 698 00:35:02,000 --> 00:35:04,320 Harris becomes president by the fault right and Dems rally 699 00:35:04,320 --> 00:35:05,520 around her. That's that's her call. 700 00:35:05,520 --> 00:35:09,440 Then you have broadcasting Ponzi trader's thesis on rec radio was 701 00:35:09,440 --> 00:35:12,000 good. He's saying VP coins like no 702 00:35:12,000 --> 00:35:14,240 back bias. It's interesting. 703 00:35:14,240 --> 00:35:16,880 I mean, hey, share with us what you think and we'll see We'll go 704 00:35:16,880 --> 00:35:22,000 back and see who's right. Damn dude, it's pretty clear. 705 00:35:22,400 --> 00:35:24,880 This is just completely reading between the lines, but that that 706 00:35:24,880 --> 00:35:26,680 man on stage is not looking too good. 707 00:35:27,000 --> 00:35:30,600 No, definitely not looking good at all, dude. 708 00:35:30,720 --> 00:35:33,400 At all. So anyways, so there's that, 709 00:35:34,280 --> 00:35:37,720 Tyler. Comments on form today. 710 00:35:38,000 --> 00:35:39,640 Personally, I'm voting for Hunter Biden. 711 00:35:42,400 --> 00:35:44,480 Oh my God dude the the comments today are great. 712 00:35:44,520 --> 00:35:46,760 The comments today are great. There's some comments I can't 713 00:35:46,760 --> 00:35:48,040 share. I did share them privately. 714 00:35:48,040 --> 00:35:50,800 You guys should definitely check Tyler and Mando. 715 00:35:50,800 --> 00:35:52,680 You should definitely check the Fomora group chat. 716 00:35:52,680 --> 00:35:54,440 I've been seeing it, man. I've been seeing it. 717 00:35:54,560 --> 00:35:56,440 You should. You should see it again. 718 00:35:57,080 --> 00:35:58,640 But oh, you saw it. OK. 719 00:36:00,880 --> 00:36:07,120 But anyways, Tyler, Mr. Tyler, Iggy Azalea again, I got to 720 00:36:07,120 --> 00:36:08,440 talk. For president? 721 00:36:09,160 --> 00:36:09,960 Why not? Maybe that's. 722 00:36:10,720 --> 00:36:13,160 Trading it's the court is trading like she's the one 723 00:36:13,160 --> 00:36:15,320 Democrats are picking. This is unbelievable. 724 00:36:15,320 --> 00:36:20,040 Look at that chart. Is Iggy Azalea a Democrat? 725 00:36:25,040 --> 00:36:27,840 Tweet that out. Oh, she's. 726 00:36:27,960 --> 00:36:30,560 Australian, so probably, well, Australian people. 727 00:36:30,560 --> 00:36:35,200 They lean wire usually. Most rich, most rich celebs lean 728 00:36:35,200 --> 00:36:38,120 left. But regardless, and she like 729 00:36:38,240 --> 00:36:41,280 this, her response to the talk yesterday was one of the single 730 00:36:41,280 --> 00:36:44,600 funniest responses I I feel like I've ever seen and it was just 731 00:36:44,600 --> 00:36:46,960 perfect. Take us through yesterday's beef 732 00:36:46,960 --> 00:36:49,600 between Iggy, because then Hayden Adams weighed in. 733 00:36:49,600 --> 00:36:51,600 So let's talk about that. We were talking about a little 734 00:36:51,600 --> 00:36:54,120 bit on yesterday's show, right? So Vitalik calling out and 735 00:36:54,120 --> 00:36:56,680 saying that that meme and coins are inherently bad, that even 736 00:36:56,680 --> 00:37:01,240 the Stoner cats had more value and purpose than the mother 737 00:37:01,240 --> 00:37:03,120 token. So he specifically did call it 738 00:37:03,120 --> 00:37:05,840 out. And then she posted this pic 739 00:37:05,840 --> 00:37:10,640 last night, this meme of herself effectively breastfeeding a baby 740 00:37:10,640 --> 00:37:12,960 Vitalik and saying he was just hangry. 741 00:37:13,680 --> 00:37:16,880 And I mean, I think this sent the market. 742 00:37:16,880 --> 00:37:20,680 Is this a sign that she she gets it, that she gets or someone on 743 00:37:20,680 --> 00:37:24,600 her team like they know how to put good meme content together. 744 00:37:24,600 --> 00:37:27,720 And then like Hayden Adams, he he clapped back at her this 745 00:37:27,720 --> 00:37:31,440 morning. And what was just saying how we 746 00:37:31,440 --> 00:37:34,560 really shouldn't be dunking on the guy who created everything 747 00:37:34,560 --> 00:37:39,360 that we use on a daily basis, which which I understand. 748 00:37:39,360 --> 00:37:41,840 And then then she she replied to Hayden Adams as well. 749 00:37:41,840 --> 00:37:45,520 I'm not going to get into that response, but she's. 750 00:37:45,520 --> 00:37:47,720 Well, I did not see that. Hold on. 751 00:37:47,720 --> 00:37:49,880 Let me I have to give Gabriel Hayne some kudos. 752 00:37:49,880 --> 00:37:52,560 Your Tyler, did you see that? I didn't see this one. 753 00:37:58,720 --> 00:38:02,600 He's was just angry. Look, and by the way, this is 754 00:38:02,600 --> 00:38:06,000 not us making fun of Vitalic. We're just sharing what's going 755 00:38:06,000 --> 00:38:08,680 on, OK? But I would, I have to say, out 756 00:38:08,680 --> 00:38:12,720 of all the responses, Iggy, like as a rapper, as a meme coin, the 757 00:38:12,720 --> 00:38:14,280 whole song, I think could have given it Vitalic. 758 00:38:14,280 --> 00:38:16,520 Got to give her credit. Like this is the best answer she 759 00:38:16,520 --> 00:38:18,280 could have given, right? Or was she going to write like a 760 00:38:18,280 --> 00:38:19,880 fucking white paper? You know what I mean? 761 00:38:20,640 --> 00:38:23,440 Yeah, it's just it's a four word joke. 762 00:38:23,640 --> 00:38:27,560 It was perfect and you don't need to read anything into it. 763 00:38:28,600 --> 00:38:31,520 And she just, she just gets it. And, and then she, her response 764 00:38:31,520 --> 00:38:34,560 to Hayden was a little bit, probably a little stronger. 765 00:38:34,960 --> 00:38:36,400 Well, let let's let's check that out. 766 00:38:36,400 --> 00:38:38,600 But you know, Hayden Adams, founder of Uniswap, said no 767 00:38:38,600 --> 00:38:40,240 issues with meme coins or celebrity coins 2. 768 00:38:40,560 --> 00:38:43,040 Million he. Said 200 million yeah that said 769 00:38:43,040 --> 00:38:45,640 the underlying purpose of value of the tech goes way beyond 770 00:38:45,640 --> 00:38:47,680 financial change but we know that right like the best bill in 771 00:38:47,680 --> 00:38:50,080 space of more about probably social change Iggy could have 772 00:38:50,080 --> 00:38:52,440 responded positively and use profits to donate to a social 773 00:38:52,440 --> 00:38:54,000 cause or something see I don't even. 774 00:38:54,720 --> 00:38:57,680 She still can't like the ten days old. 775 00:38:58,320 --> 00:39:02,560 Like I don't think like, I don't think like because like as a 776 00:39:02,560 --> 00:39:05,280 matter of fact, most project that came out in 2021 that we're 777 00:39:05,280 --> 00:39:07,800 claiming giving back 10% of the mint funds. 778 00:39:07,880 --> 00:39:10,440 We're doing that to raise funds to pocket themselves. 779 00:39:10,440 --> 00:39:13,960 You know what I mean? Like it's not true, right? 780 00:39:13,960 --> 00:39:17,080 And she probably is like The thing is like it's true. 781 00:39:17,080 --> 00:39:19,240 You could do something for social change and everything we 782 00:39:19,240 --> 00:39:20,800 build like we think about what does that? 783 00:39:20,920 --> 00:39:23,360 How does that better the world in the way or the industry. 784 00:39:23,880 --> 00:39:25,840 Why does Iggy have to come and change the world? 785 00:39:26,280 --> 00:39:28,120 She probably can. She already is probably she's 786 00:39:28,120 --> 00:39:30,400 giving to koalas. There you go fucking koalas. 787 00:39:30,400 --> 00:39:32,800 I didn't it's great. I guess I I'm all here. 788 00:39:32,800 --> 00:39:35,360 The thread guy interview will be great, yes. 789 00:39:35,720 --> 00:39:38,400 Thread guy, my my God. Like that's going to be a point 790 00:39:38,440 --> 00:39:40,480 of viewing. Yeah, where's the Iggy response? 791 00:39:40,480 --> 00:39:41,920 I'm scared to pull it up on screen. 792 00:39:42,120 --> 00:39:45,680 She she quote tweeted it, so you probably go to her page. 793 00:39:45,680 --> 00:39:48,280 Uh oh. And it's hardly she she tweets 794 00:39:48,280 --> 00:39:52,000 so much. Uh oh. 795 00:39:52,520 --> 00:39:55,280 She alludes to if you can't find it, she oh, there it is. 796 00:39:55,560 --> 00:39:59,120 She alludes to Hayden and and Metallica if. 797 00:40:00,720 --> 00:40:03,240 If y'all fuck, just say that. All right? 798 00:40:04,640 --> 00:40:08,640 Well, well, that'll be a. Swagger's just going to increase 799 00:40:08,680 --> 00:40:12,160 like as this token goes up, Like she's just going to have so much 800 00:40:12,160 --> 00:40:15,600 swag on the timeline. And I mean people like it. 801 00:40:18,320 --> 00:40:19,720 Yeah, I mean, I think, Hayden adds. 802 00:40:19,720 --> 00:40:23,720 But he thinks multiple opinions can be like good, like Hayden's. 803 00:40:24,040 --> 00:40:26,160 I don't think Hayden's opinion's wrong. 804 00:40:26,520 --> 00:40:29,160 It's a good opinion, but maybe doesn't fit this specific Iggy 805 00:40:29,160 --> 00:40:30,280 Zelly narrative. You know what I mean? 806 00:40:30,280 --> 00:40:33,880 Like part of this thing. So whatever, you know then. 807 00:40:33,880 --> 00:40:39,360 And they like, you know, Vitalik weighed in and she weighed in 808 00:40:39,560 --> 00:40:45,000 back, you know, I don't I don't I don't see anything wrong in 809 00:40:45,000 --> 00:40:45,960 that front. What do you guys think? 810 00:40:46,520 --> 00:40:49,400 I think there was a, there was a mixture of stuff here. 811 00:40:49,400 --> 00:40:51,880 Like I saw a lot of people criticize if it had like, I 812 00:40:51,880 --> 00:40:54,640 mean, I, we kind of saw it live as it went live. 813 00:40:55,240 --> 00:40:57,360 And that was my response. It was like, come on, man. 814 00:40:57,360 --> 00:40:59,640 Like it's like, let people do what they like. 815 00:41:00,200 --> 00:41:02,440 And then he, she did a funny comeback. 816 00:41:02,440 --> 00:41:06,160 And then I think there's this weird thing this cycle that that 817 00:41:06,400 --> 00:41:10,920 ETH Maxis are being viewed as like gatekeeper ish, and this 818 00:41:11,120 --> 00:41:12,280 kind of played into that a little bit. 819 00:41:12,280 --> 00:41:15,440 So a lot of Solana Maxis came in and like were like, yeah, fuck 820 00:41:15,440 --> 00:41:17,720 you. So so a lot of that. 821 00:41:17,720 --> 00:41:20,080 And then a lot of people were like, you know, don't you can't 822 00:41:20,080 --> 00:41:24,000 like don't take fucking he Azalea's side against Vitalik. 823 00:41:24,000 --> 00:41:30,280 But personally, I'm kind of in the in the Iggy camp or at least 824 00:41:30,280 --> 00:41:36,200 in the stop trying to control or talk down to what people are 825 00:41:36,200 --> 00:41:38,520 going to do with this. Like it's people are just going 826 00:41:38,520 --> 00:41:40,520 to do whatever the hell they like with permissionless 827 00:41:40,520 --> 00:41:43,440 technology. If they want to, you know, 828 00:41:43,600 --> 00:41:46,560 gamble on hamster racing, they will. 829 00:41:46,600 --> 00:41:49,920 And you we can all sit here and be like, oh, I don't know, we 830 00:41:49,920 --> 00:41:52,080 can all sit here and say that, oh, that's stupid use of case of 831 00:41:52,080 --> 00:41:54,760 it. But you just can't, yeah, you 832 00:41:54,760 --> 00:41:56,320 can't go at people for human nature. 833 00:41:56,320 --> 00:41:59,920 And I think, I actually think that this sort of PvP gambling 834 00:41:59,920 --> 00:42:02,080 is, is kind of human. Nature, space is growing. 835 00:42:02,720 --> 00:42:04,600 Space is growing too. Like crypto's gonna become 836 00:42:04,600 --> 00:42:06,280 massive. So it's so funny. 837 00:42:06,280 --> 00:42:09,720 It always makes me laugh when like we want mass adoption and 838 00:42:09,720 --> 00:42:11,120 yeah, sure, maybe we don't like this. 839 00:42:11,120 --> 00:42:14,320 Some people don't like this part of the adoption, but you've 840 00:42:14,640 --> 00:42:19,200 built a permissionless network to so people can do 841 00:42:19,200 --> 00:42:22,960 permissionless things. And there's going to be sexual 842 00:42:23,160 --> 00:42:24,880 things, there's going to be celebrity coins, going to be 843 00:42:24,880 --> 00:42:26,880 grifts, it's going to be scams, and there's going to be amazing 844 00:42:26,880 --> 00:42:28,480 life to any things. Uniswap is one of them. 845 00:42:28,840 --> 00:42:31,280 Uniswap is an incredible invention that has changed the 846 00:42:31,280 --> 00:42:33,320 landscape of crypto forever, right? 847 00:42:34,200 --> 00:42:37,080 Team Aiden Adams, Team Hayden, Team Uniswap, you know they're 848 00:42:37,080 --> 00:42:39,240 against the SEC 2, they're fighting the same fight as us 849 00:42:39,240 --> 00:42:42,400 every day, right? But I you can beat Team Hayden 850 00:42:42,400 --> 00:42:46,120 and also team fucking the token that's going to $200 million and 851 00:42:46,120 --> 00:42:47,200 then she'll build something out of it, right? 852 00:42:47,400 --> 00:42:49,520 By the way, who tells you that she didn't just launch this? 853 00:42:49,800 --> 00:42:52,040 Now it's successful more. By the way, when something's 854 00:42:52,040 --> 00:42:53,440 successful, I have more pressure to build it, right? 855 00:42:53,440 --> 00:42:55,440 You guys know that. And now it's like, well, fuck, 856 00:42:55,440 --> 00:42:58,280 now she's got to do something because all high eyes are 857 00:42:58,280 --> 00:43:00,920 definitely on her. What if this actually does 858 00:43:00,920 --> 00:43:03,040 become something cool? Right, we will. 859 00:43:03,680 --> 00:43:07,400 We're always so quick to judge into space like in chase. 860 00:43:07,800 --> 00:43:09,640 Judge in chase is crazy in space. 861 00:43:09,640 --> 00:43:12,960 Like if I stopped building what I'm building in this industry 862 00:43:12,960 --> 00:43:15,320 myself based on how much judgment I went through, what 863 00:43:15,480 --> 00:43:17,480 the fuck, dude? Like we wouldn't have had this 864 00:43:17,480 --> 00:43:20,960 today, you know what I mean? Like and then you look back at 865 00:43:20,960 --> 00:43:22,920 it, it's like, dude, I'm glad I fucking kept going into all the 866 00:43:23,000 --> 00:43:25,520 Thea emojis and OG didn't like us when we first started, you 867 00:43:25,520 --> 00:43:28,120 know what I mean? Like it's just always like that. 868 00:43:28,480 --> 00:43:30,320 I hate that it's the nature of this space. 869 00:43:30,360 --> 00:43:33,080 Sir, it is though. I guess, I guess my point is, is 870 00:43:33,080 --> 00:43:36,840 that I I know this from actually having my my own corn as well. 871 00:43:36,840 --> 00:43:39,960 It's like if it goes for a certain level, suddenly you've 872 00:43:39,960 --> 00:43:43,240 seen it as a genius. And if you're not, like you're 873 00:43:43,240 --> 00:43:46,440 seen as a scammer, like it's terrible and all this sort of 874 00:43:46,440 --> 00:43:48,120 stuff. And I think that's just the 875 00:43:48,120 --> 00:43:49,920 native. Like there's a very high hurdle 876 00:43:49,920 --> 00:43:52,600 rate for not being called a scammer in this space. 877 00:43:53,000 --> 00:43:55,840 But the ones that kind of get beyond that, they're seen as 878 00:43:55,840 --> 00:43:58,680 absolute geniuses. So the fact that it's now at 200 879 00:43:58,680 --> 00:44:02,200 million, you can do a lot of stuff with that now like you 880 00:44:02,200 --> 00:44:04,160 know. And she's probably made a ton of 881 00:44:04,160 --> 00:44:06,600 money because she did say that she's bought back and stuff and 882 00:44:06,600 --> 00:44:10,960 she can reinvest it and actually doing things, you know, so, so 883 00:44:10,960 --> 00:44:11,680 we'll see. Look, we'll see. 884 00:44:11,680 --> 00:44:13,680 I mean, the thread guy podcast, I think is going to reveal a lot 885 00:44:13,680 --> 00:44:14,680 of stuff. So he flew to Miami. 886 00:44:14,680 --> 00:44:15,880 It was the last minute thing on a whim. 887 00:44:16,800 --> 00:44:19,720 And and he managed to get the first like video podcast, you 888 00:44:19,720 --> 00:44:21,120 know, as usual. So he's he's cooking. 889 00:44:21,440 --> 00:44:24,240 And so I guess we'll see he's landing here in an hour and a 890 00:44:24,240 --> 00:44:26,960 half. So I'll let you guys know 2 1/2 891 00:44:26,960 --> 00:44:28,760 hours. But but I'm assuming that 892 00:44:28,760 --> 00:44:33,240 podcast is that podcast is going to go live soon, Very, very, 893 00:44:33,240 --> 00:44:37,120 very soon. So so that's that and good for 894 00:44:37,120 --> 00:44:38,720 her. So there was a wallet that went 895 00:44:38,720 --> 00:44:43,040 through in the past five hours. 9000 sold from Binance to buy 896 00:44:43,040 --> 00:44:46,160 8.6 million mother at an average price of $0.17. 897 00:44:46,600 --> 00:44:49,040 Happened during the show, yeah. Wow. 898 00:44:49,520 --> 00:44:52,120 Happened during the show, Tyler. That's why it didn't have any of 899 00:44:52,120 --> 00:44:53,880 your stats, but there it is. Look at that. 900 00:44:53,880 --> 00:44:56,400 That's probably one of the reasons why there it is bought 901 00:44:56,400 --> 00:45:00,120 here 17 and they're up already. So that's probably once one of 902 00:45:00,120 --> 00:45:04,240 the things that proposed it to to new eyes. 903 00:45:04,880 --> 00:45:07,560 Binance whales are buying 9000 soul worth of mother and you're 904 00:45:07,560 --> 00:45:09,240 bearish. Yeah, exactly. 905 00:45:09,240 --> 00:45:11,400 Another thing I wanted to to show you guys on the time and 906 00:45:11,400 --> 00:45:13,120 then I think maybe we could discuss that tomorrow because I 907 00:45:13,120 --> 00:45:16,000 see David from Warden on the on the on the stage. 908 00:45:16,000 --> 00:45:20,360 I want to go to you, but it was this clip Speaking of Solana and 909 00:45:20,360 --> 00:45:22,600 Ethereum, you're talking about theorem axis and the 910 00:45:22,600 --> 00:45:25,960 gatekeeping. This Justin Drake clip. 911 00:45:25,960 --> 00:45:29,120 Have you guys watched it? Is Justin Drake the ETH dev? 912 00:45:29,320 --> 00:45:31,920 Yes. So yesterday was a debate. 913 00:45:31,920 --> 00:45:32,960 I haven't seen this now. OK. 914 00:45:33,400 --> 00:45:36,840 Well, watch this. It was a Justin Drake versus 915 00:45:36,840 --> 00:45:42,640 Anatoly Solana versus Ethereum debate going down on bank list 916 00:45:43,080 --> 00:45:47,280 and just listen to this clip. One of the very important 917 00:45:47,280 --> 00:45:50,920 interesting things is when you have an exotic island, you have 918 00:45:50,920 --> 00:45:54,480 exotic life forms that emerge. You know, you have weird things 919 00:45:54,480 --> 00:45:58,320 like Geo Bodens and dog with hats and all of these things. 920 00:45:58,640 --> 00:46:01,600 And you know, you can have, you know, circle jerking within this 921 00:46:01,600 --> 00:46:03,720 little island where everyone's like happy, you know, 922 00:46:03,720 --> 00:46:08,080 worshipping these little images. But even even Solana, which is 923 00:46:08,240 --> 00:46:12,000 like the primary place for meme coins is still miniscule. 924 00:46:12,400 --> 00:46:16,520 Look at look, Solana has 10s of thousands, if not hundreds of 925 00:46:16,520 --> 00:46:20,200 thousands of meme coins. If you take the sum of the 926 00:46:20,200 --> 00:46:24,720 market values of all the meme coins is about $10 billion on 927 00:46:24,720 --> 00:46:29,040 this theorem, you have one meme coin called Shiba Inu, which is 928 00:46:29,040 --> 00:46:33,400 $15 billion, a single meme coin. And This is why we see the 929 00:46:33,400 --> 00:46:35,880 distinction between quality and quantity. 930 00:46:36,560 --> 00:46:41,120 And Solana is going in for quantity, quantity, quantity, 931 00:46:41,400 --> 00:46:44,720 and at the expense of all sorts of things that are more 932 00:46:44,720 --> 00:46:46,840 important in the grand, in the grand. 933 00:46:46,880 --> 00:46:50,560 Statistically because. With is going so much higher 934 00:46:50,560 --> 00:46:53,720 than than than shib. Like that's the take away. 935 00:46:53,720 --> 00:46:55,800 Like the solana they're going to make. 936 00:46:56,320 --> 00:46:58,960 So apparently like right before like totally actually like made 937 00:46:58,960 --> 00:47:00,720 way better technical arguments than him. 938 00:47:00,840 --> 00:47:03,000 And then Justin Gray's argument was one meme coin. 939 00:47:03,120 --> 00:47:06,680 The argument here to sum it up was one meme coin on ETH is 940 00:47:06,680 --> 00:47:10,320 worth more than the globe global meme coin marking half of all 941 00:47:10,320 --> 00:47:13,400 meme coins on Solana. Statistically it's true, but 942 00:47:13,400 --> 00:47:17,160 what a weird like I don't know what's what's going on with your 943 00:47:17,160 --> 00:47:20,360 mouthpieces. If he'd said Pepe, if he'd said 944 00:47:20,360 --> 00:47:21,800 Pepe, it would have been a better argument. 945 00:47:22,400 --> 00:47:24,560 Actually. If it's your argument it's just 946 00:47:24,560 --> 00:47:27,160 horrific in my opinion because a lot of people sit there and go 947 00:47:27,160 --> 00:47:29,880 like how the hell is this there? It's more of a chain now. 948 00:47:29,960 --> 00:47:32,800 Like it's like D final. So everybody knows about the 949 00:47:32,800 --> 00:47:34,880 sheep cabal. Let's not even like cut it 950 00:47:34,880 --> 00:47:37,880 multiple ways here, guys. Like when you launch it was like 951 00:47:37,880 --> 00:47:40,040 it was cheap cabal. Like, let's not even like, who 952 00:47:40,040 --> 00:47:42,760 are we kidding here? So to talk about if you said 953 00:47:42,760 --> 00:47:46,800 Pepe is worth like 60% of all the mean, you can, you can say 954 00:47:46,800 --> 00:47:48,560 that. And I think part of that is a 955 00:47:48,600 --> 00:47:51,280 function of the size of the blockchain, though, you know, 956 00:47:51,280 --> 00:47:55,720 like, and one thing I would say about that is that like, you 957 00:47:55,720 --> 00:47:59,520 know, if, if Solana starts to pick up, then then the top 958 00:47:59,520 --> 00:48:01,760 Solana meme coins, I think would, would, would easily 959 00:48:01,760 --> 00:48:08,880 challenge that. And I also, I think Solana, like 960 00:48:08,880 --> 00:48:11,320 you want to be about fresh culture. 961 00:48:11,320 --> 00:48:12,520 I think. And as Solana's done a better 962 00:48:12,520 --> 00:48:18,360 job with that, but just a bad, I think he had maybe the OK 963 00:48:18,360 --> 00:48:21,240 concept at the start, which is just like we're so much bigger. 964 00:48:21,240 --> 00:48:26,560 And you know, Pepe Pepe, I would say is like a super strong meme 965 00:48:26,560 --> 00:48:32,840 going on on Eve and you know, Salami this cycle hasn't managed 966 00:48:32,840 --> 00:48:37,960 to get get something there like Eclipse is that, But I I think 967 00:48:37,960 --> 00:48:41,920 it's it's a weak it's a weak argument and made so much worse 968 00:48:41,920 --> 00:48:45,440 by the fact he says ship is the he's the one to look at. 969 00:48:45,960 --> 00:48:49,640 Yeah, definitely some some weird arguments on on that front. 970 00:48:49,640 --> 00:48:51,760 But anyways, it's it's interesting. 971 00:48:51,760 --> 00:48:54,320 I don't know, I just a lot of weird things on it. 972 00:48:54,320 --> 00:48:56,520 It seems like the on the theorem side, it's very defensive 973 00:48:57,400 --> 00:49:00,760 overall of the ecosystem, right Tyler, it seems like you're 974 00:49:00,760 --> 00:49:02,960 about to say something. Yeah, the the tribalism is 975 00:49:02,960 --> 00:49:06,680 incredibly strong right now between men and souls. 976 00:49:07,240 --> 00:49:09,920 But it's like, I don't know, it's weird because then yet 977 00:49:09,960 --> 00:49:12,640 Vitalik who like saved Solana, like when Solana went to $8, 978 00:49:12,640 --> 00:49:15,760 Vitalik made that famous tweet that bottomed it and like went 979 00:49:15,760 --> 00:49:17,360 back up. So it's like on that front you 980 00:49:17,360 --> 00:49:18,400 have that. So I don't know, I just, I 981 00:49:18,400 --> 00:49:21,280 don't, I just found the tribalism a little, a little a 982 00:49:21,320 --> 00:49:24,680 little being being pushed out a little bit too, too far here. 983 00:49:24,680 --> 00:49:25,800 I. Think Benklas pushes it. 984 00:49:26,680 --> 00:49:28,720 I don't want to. Figure out the song like crazy. 985 00:49:28,720 --> 00:49:31,200 Dude I I don't even know why. The Benklas reactions there I 986 00:49:31,200 --> 00:49:35,120 kind of like even worse. Worse, I mean, the guy's like 987 00:49:35,120 --> 00:49:37,200 laughing. He's trying to host a a debate 988 00:49:37,200 --> 00:49:40,280 between two like the biggest devs in their respective chains 989 00:49:40,280 --> 00:49:43,880 and he's like founders, mind you, and he's like laughing the 990 00:49:43,880 --> 00:49:47,040 entire way. So anyways, I, I don't know, 991 00:49:47,360 --> 00:49:50,400 maybe this should come on here and we'll have that conversation 992 00:49:50,400 --> 00:49:53,120 yet anyways, so, so there's that. 993 00:49:53,600 --> 00:49:55,280 And that happened. I was the conversation. 994 00:49:55,280 --> 00:49:55,720 But anyways.