1 00:00:00,320 --> 00:00:01,840 Oh, yo-yo, what up? What up? 2 00:00:01,920 --> 00:00:04,560 Good morning. Good morning, GMG. 3 00:00:08,400 --> 00:00:14,400 Tuesday. Tuesday Tuesday July 23rd 2020 4 00:00:17,560 --> 00:00:22,120 all the fun out there today we have extra ports look at that 5 00:00:22,120 --> 00:00:24,640 another beautiful day to have a beautiful day. 6 00:00:25,080 --> 00:00:27,560 I got my Co host to the house Tyler Mando. 7 00:00:27,840 --> 00:00:28,960 How you guys doing today? Good morning. 8 00:00:30,720 --> 00:00:35,080 I'm doing great, this is my first my 4th office setup in 9 00:00:35,080 --> 00:00:38,160 four days. Where are you? 10 00:00:38,160 --> 00:00:40,600 You've been like in different places every call I've had with 11 00:00:40,600 --> 00:00:45,160 you this week. I know man, like I fully lost 12 00:00:45,160 --> 00:00:46,280 it. Fully lost it. 13 00:00:46,280 --> 00:00:49,600 Having to set up my whole setup again today. 14 00:00:49,920 --> 00:00:52,600 So where are you exactly? Not the doc I was. 15 00:00:52,880 --> 00:00:58,600 I was in France and then I went to London, but then I was around 16 00:00:58,600 --> 00:01:01,680 on the yesterday seeing some family and then I've, I actually 17 00:01:01,680 --> 00:01:03,600 just checked into a hotel because I was just like, I need 18 00:01:03,600 --> 00:01:06,320 to, I need to find like one place where I can just be for 19 00:01:06,320 --> 00:01:09,560 the next two weeks. So you're in London? 20 00:01:10,200 --> 00:01:12,080 I'm in London. You're in London, OK? 21 00:01:12,720 --> 00:01:14,720 Mando is in London. OK, Perfect. 22 00:01:16,160 --> 00:01:18,560 It's funny, like every show and every call I've had with man the 23 00:01:18,560 --> 00:01:20,320 last three days, it was it was different place. 24 00:01:21,440 --> 00:01:24,000 Guys trying to make anywhere, whether it's a restaurant. 25 00:01:24,680 --> 00:01:27,360 The call yesterday was a joke. Like the call that we did. 26 00:01:27,360 --> 00:01:31,600 I was like, Oh my God, the, my, this, the phone service died or 27 00:01:31,600 --> 00:01:34,120 like my Internet died. And I was just like, you know 28 00:01:34,120 --> 00:01:35,320 what? I've just had enough of this. 29 00:01:35,400 --> 00:01:37,440 I'm just checking myself into a hotel. 30 00:01:39,360 --> 00:01:43,680 Like I'm not dealing with like Wi-Fi at family houses and that 31 00:01:43,680 --> 00:01:46,280 sort of stuff like. Mendo Mendo checks in during the 32 00:01:46,280 --> 00:01:50,320 advisory recall from like three different devices in like 30 33 00:01:50,320 --> 00:01:53,480 minutes. I was like, he was so sick of it 34 00:01:53,480 --> 00:01:57,120 at the end he was like fuck this sick and tired. 35 00:01:57,680 --> 00:02:01,960 Tyler, how you doing today? I'm good see ETF lost it. 36 00:02:02,200 --> 00:02:05,160 How could we not be hyped to to the Max? 37 00:02:05,200 --> 00:02:08,400 Not the not the most exciting open, but I think to be 38 00:02:08,400 --> 00:02:09,440 expected. But we're doing good. 39 00:02:10,240 --> 00:02:15,680 Big day, big day, big week, in the words of Barry Silbert, who 40 00:02:15,680 --> 00:02:19,680 is Max Turbo dumping every single piece of theorem he can 41 00:02:19,680 --> 00:02:22,680 find in any wallet. But anyways, today on the show 42 00:02:23,040 --> 00:02:26,400 today, today market report as usual, crypto macro, all that 43 00:02:26,400 --> 00:02:29,960 good stuff. Obviously heavy ETF conversation 44 00:02:30,280 --> 00:02:32,800 on today, but we're looking good. 45 00:02:32,800 --> 00:02:34,360 We're looking good lads. You'd love to see it. 46 00:02:34,360 --> 00:02:37,760 I love all the I spent like 30 minutes this morning just going 47 00:02:37,760 --> 00:02:40,400 through all the ad campaigns and everything just so good. 48 00:02:40,480 --> 00:02:44,360 Like the Vanek ad was great. I saw Hunter Horsley, who's the 49 00:02:44,360 --> 00:02:46,520 CEO of Bitwise on CNBC this morning. 50 00:02:46,520 --> 00:02:49,920 And I also watched a video of BlackRock and how they're 51 00:02:49,920 --> 00:02:52,040 pitching Ethereum to, to their book. 52 00:02:52,040 --> 00:02:54,960 So it's it's actually pretty interesting the way all these 53 00:02:55,440 --> 00:03:00,680 all these ETFs are approaching, you know, the Ethereum then the 54 00:03:00,840 --> 00:03:03,280 Tyler's top 100. I can already see your new 55 00:03:03,280 --> 00:03:08,680 favorite coin being mentioned in the comments here, Tyler, every 56 00:03:08,680 --> 00:03:10,400 day, every day we've got a new coin. 57 00:03:11,360 --> 00:03:14,880 You absolutely love to see it. And then we'll be joined today's 58 00:03:14,880 --> 00:03:17,920 show partner, actually API three will be joining us all things 59 00:03:17,920 --> 00:03:19,520 data. So we'll we'll be we'll be 60 00:03:19,520 --> 00:03:22,320 chatting with the with the with the API treat theme. 61 00:03:22,800 --> 00:03:25,440 And then last but not least, robot spins on the on this 62 00:03:25,440 --> 00:03:27,560 glorious day. Is someone going to win a punk? 63 00:03:27,560 --> 00:03:31,760 Is someone going to win a pudgy? I added two pudgy Penguins, 4 64 00:03:31,760 --> 00:03:35,480 punks, 6 mil ladies, doodles, red guys, mutants. 65 00:03:35,480 --> 00:03:37,320 You know how it is. I'm still adding some NFTS to 66 00:03:37,320 --> 00:03:38,640 the box right now, but you know it. 67 00:03:38,680 --> 00:03:41,520 Hopefully hopefully we get a big hit today on on this historical 68 00:03:41,520 --> 00:03:43,120 day. So that'll be fun. 69 00:03:43,120 --> 00:03:46,040 But anyways, anyways, anyways, let's talk about these ETFs. 70 00:03:46,040 --> 00:03:52,080 Mando, let's get into it. Who is the man? 71 00:03:52,360 --> 00:03:57,960 Michael, Daddy of the land, can you dig it? 72 00:03:59,600 --> 00:04:02,680 Yeah. So we have the big, big headline 73 00:04:02,680 --> 00:04:05,480 is these ETFs. We have 9 launching today. 74 00:04:06,600 --> 00:04:09,800 We're only about half an hour into trading and I'm seeing like 75 00:04:09,800 --> 00:04:13,280 mixed reports. Obviously it's it's like sizably 76 00:04:13,280 --> 00:04:17,880 lower than the sort of volume that we saw for the Bitcoin 77 00:04:17,880 --> 00:04:20,200 ETFs. I think in the first half an 78 00:04:20,200 --> 00:04:24,120 hour we've seen about 50 million of volume and the Bitcoin ETF 79 00:04:24,120 --> 00:04:29,160 saw around 200 million of volume in that same time period. 80 00:04:29,600 --> 00:04:34,920 So it's, you know, that that's lower, but it's not not 81 00:04:34,920 --> 00:04:39,440 materially lower. I think that's 32% of what the 82 00:04:39,440 --> 00:04:42,000 Bitcoin ETF volume was in this first half an hour. 83 00:04:42,440 --> 00:04:45,640 So yeah, like that's not terrible. 84 00:04:45,760 --> 00:04:50,120 You know, obviously the Bitcoin ratio is at 4.5 roughly. 85 00:04:50,120 --> 00:04:54,160 So yeah, definitely not, definitely not the worst figures 86 00:04:54,160 --> 00:04:57,080 I think we've seen. Why is the timeline? 87 00:04:57,600 --> 00:05:01,840 Flooding the shit out of Ethereum, that's one thing I 88 00:05:01,840 --> 00:05:04,120 will not allow. This is crazy. 89 00:05:04,760 --> 00:05:09,560 I'm not even anymore, but yeah. I think the thing about ETH is 90 00:05:09,560 --> 00:05:13,760 that it's kind of become a one-dimensional trade more or at 91 00:05:13,760 --> 00:05:16,520 least maybe there's two main drivers. 92 00:05:16,520 --> 00:05:19,840 The 1st is the ETF right now. And the second thing is, is like 93 00:05:19,880 --> 00:05:23,240 tokenization and the tokenization thing has been, you 94 00:05:23,240 --> 00:05:25,840 know, it's been going along. They've got 500 million 95 00:05:25,840 --> 00:05:29,760 obviously in the, in the Black Rock fund maker want to put 96 00:05:29,760 --> 00:05:33,600 another billion into Treasuries like it's, it's moving along, 97 00:05:33,600 --> 00:05:37,840 but it's not, it's not crazy in terms of adoption so far. 98 00:05:38,400 --> 00:05:41,640 And the ETF is like the other main driver, but but because so 99 00:05:41,640 --> 00:05:46,400 many people are using Solana for everything else, yeah, those are 100 00:05:46,400 --> 00:05:47,960 the two strongest narratives right now. 101 00:05:47,960 --> 00:05:52,320 And and this ECTFI think is going to probably be the second 102 00:05:52,720 --> 00:05:58,040 best performing ETF ever. But you know, it's just not 103 00:05:58,040 --> 00:06:01,440 enough really I think at times to kind of justify the 104 00:06:01,440 --> 00:06:03,520 valuation. So I think it's. 105 00:06:04,720 --> 00:06:07,360 Crazy though. Well, it's. 106 00:06:08,360 --> 00:06:14,200 I just think that ETH is probably fairly priced, let's 107 00:06:14,200 --> 00:06:17,240 put it that way. I think Solana is under price, 108 00:06:17,640 --> 00:06:19,720 but I don't think Ethan is going to go materially lower. 109 00:06:20,000 --> 00:06:23,040 But I just, I find it difficult to paint a picture where it like 110 00:06:23,040 --> 00:06:25,680 double S that's basically in my mind I'm seeing they're going 111 00:06:25,680 --> 00:06:27,120 like I think it's a little bit. Are you? 112 00:06:27,440 --> 00:06:30,880 Funny. No, I mean I it's a rel Val. 113 00:06:30,920 --> 00:06:33,960 It's a rel Val. You don't see Ethereum doubling. 114 00:06:35,240 --> 00:06:38,400 I don't see it doubling before Bitcoin or Salon, let's put it 115 00:06:38,400 --> 00:06:41,280 that way. OK, that oh, that's a good, good 116 00:06:41,280 --> 00:06:42,800 job catching catching up on that. 117 00:06:42,800 --> 00:06:47,680 What you said, but that see, I see the timeline right now. 118 00:06:47,840 --> 00:06:50,480 It's just like Max bearish and I'm like, what the fuck, Like 119 00:06:50,480 --> 00:06:53,040 yesterday we had the ET mini trust right from grayscale move 120 00:06:53,040 --> 00:06:56,360 a billion dollars into to Coinbase in order to see their, 121 00:06:56,520 --> 00:06:59,160 their their ETF and everyone's like, oh, they're already turbo 122 00:06:59,160 --> 00:07:00,760 dumping dude. They were literally just like 123 00:07:00,760 --> 00:07:05,040 seeding what people are going to buy and everybody was assuming 124 00:07:05,040 --> 00:07:06,840 that like everything's going to 0. 125 00:07:06,880 --> 00:07:08,360 So I just I just found that funny. 126 00:07:08,360 --> 00:07:11,640 But you know, for all perma bull, that's what Wizard has me 127 00:07:11,640 --> 00:07:13,800 on his, my name on his own, this phone. 128 00:07:13,800 --> 00:07:16,480 They'll have that ETF is going to see outflows. 129 00:07:17,120 --> 00:07:19,800 I think nothing has nothing has changed from what I said 130 00:07:19,800 --> 00:07:23,040 yesterday like people will dunk on it in the short term, but 131 00:07:23,040 --> 00:07:25,360 actually over the long time, this is bullish for Eve. 132 00:07:25,360 --> 00:07:27,880 This is good for Eve. I don't think this causes Eve to 133 00:07:27,880 --> 00:07:31,360 go to some crazy valuation. I just think this is good for 134 00:07:31,360 --> 00:07:33,000 EVE. Yeah, there's. 135 00:07:33,640 --> 00:07:36,440 There's a lot of fun stuff on the timeline though, I've got to 136 00:07:36,440 --> 00:07:38,920 got to say, let me let me just share some stuff with y'all. 137 00:07:39,440 --> 00:07:41,680 I wasn't, yeah, I wasn't on the timeline as much today. 138 00:07:41,760 --> 00:07:44,040 So what have I made? So you. 139 00:07:44,400 --> 00:07:47,680 All right. Yeah, I really like this. 140 00:07:47,720 --> 00:07:51,040 Network where money. You guys can hear, right? 141 00:07:51,080 --> 00:07:54,760 Let there be an open source network where money flows more 142 00:07:54,760 --> 00:07:58,440 transparently. Let there be transactions 143 00:07:58,440 --> 00:08:00,880 without resource intensive mining activities. 144 00:08:01,400 --> 00:08:04,360 Let there be tech that can unchain. 145 00:08:04,600 --> 00:08:10,280 Your code is the key. Let ether be enter the ether 146 00:08:10,280 --> 00:08:13,360 with ETH fee. You can now get ether exposure 147 00:08:13,440 --> 00:08:15,920 for zero fees with the Vanic Etherium ETF. 148 00:08:17,760 --> 00:08:20,440 It was that they use a Pudge pay, which is super cool, I 149 00:08:20,440 --> 00:08:22,400 thought. A lot of people seem to be 150 00:08:22,400 --> 00:08:25,840 pretty happy about it on the timeline too, which is super 151 00:08:25,840 --> 00:08:28,040 sick. Then you had what else? 152 00:08:28,120 --> 00:08:31,320 I mean, Franklin Templeton also like being funny, you know, 153 00:08:31,320 --> 00:08:34,200 changing the PFPS with the Ethereum eyes, right? 154 00:08:34,200 --> 00:08:36,919 Like, you know, Obi used to always say like it's crazy that 155 00:08:37,559 --> 00:08:40,240 we used to trade against these people in order to buy our bags, 156 00:08:40,240 --> 00:08:42,400 right? So so you have Frank and Topper 157 00:08:42,400 --> 00:08:47,400 then changing the PFP and they obviously like have a whole ad 158 00:08:47,400 --> 00:08:50,640 for it as well. You had, I actually really liked 159 00:08:50,640 --> 00:08:52,360 this piece here. Where was it? 160 00:08:52,360 --> 00:08:55,480 So Hunter Horsley was a seal of Bitwise. 161 00:08:55,800 --> 00:08:58,160 He went. So first of all, I like this a 162 00:08:58,160 --> 00:08:59,320 lot. I don't know if you guys saw 163 00:08:59,320 --> 00:09:03,440 that, but they posted their ENS of all the ETFs and where 164 00:09:03,440 --> 00:09:06,280 they're going to be buying from to make it more transparent. 165 00:09:06,280 --> 00:09:08,120 So it's like, you know, ENS Maxis right now. 166 00:09:08,200 --> 00:09:11,360 They're loving this. The ENS community, the ENS 167 00:09:11,360 --> 00:09:12,520 community is loving this right now. 168 00:09:12,720 --> 00:09:17,280 You know, one dot EW dot bitwise dot E you'd love to see it then 169 00:09:17,280 --> 00:09:19,280 2345. So that was that. 170 00:09:20,320 --> 00:09:24,000 But what I like from Bitwise was Hunter Horsley on the timeline 171 00:09:24,000 --> 00:09:28,720 saying listen, like, you know, he was saying, listen, there's, 172 00:09:29,240 --> 00:09:32,520 there's if there is like this, this, it's like they wanted the 173 00:09:32,520 --> 00:09:34,880 App Store, right? Like 2007 iPhone, right? 174 00:09:34,880 --> 00:09:36,480 There wasn't a ton of things on it. 175 00:09:36,720 --> 00:09:40,400 There was Google Maps at first. There wasn't maybe like WhatsApp 176 00:09:40,400 --> 00:09:42,280 or all these apps you're using now, but those are coming. 177 00:09:42,280 --> 00:09:43,920 They're being built on it. I mean, Tyler, what are your 178 00:09:43,920 --> 00:09:45,400 thoughts? Well, how are you feeling today 179 00:09:45,640 --> 00:09:50,240 on this historical monumental day ETF Store live? 180 00:09:51,000 --> 00:09:55,480 Yeah, I've kind of gone like full, full turn on Ethereum. 181 00:09:55,480 --> 00:09:58,960 So I definitely got into like the Solana camp and I still 182 00:09:59,120 --> 00:10:02,280 firmly believe that Solana outperforms ETH from a pure ROI 183 00:10:02,280 --> 00:10:04,200 standpoint this year. But I I'm kind of with you, I 184 00:10:04,200 --> 00:10:05,880 feel like the flood has gotten too strong. 185 00:10:06,560 --> 00:10:07,880 I think the inflows are going to be strong. 186 00:10:07,880 --> 00:10:09,920 I laid out some targets in my newsletter this morning. 187 00:10:10,520 --> 00:10:15,880 I put 5 billion in net inflows, 2024 and 6K price target. 188 00:10:16,240 --> 00:10:19,120 And I think for ETH to get to six Ki think we probably need 189 00:10:19,120 --> 00:10:25,520 Bitcoin to get to 90 K, which feels pretty doable for me here 190 00:10:25,560 --> 00:10:29,800 by by end of the year if a few things go the right way. 191 00:10:30,640 --> 00:10:32,960 So I mean, I think that's going to be I think we'll see a 2X off 192 00:10:32,960 --> 00:10:34,040 the bottom. So I think we'll see you 193 00:10:34,040 --> 00:10:39,480 probably go to 3K and then double just grind up over the 194 00:10:39,480 --> 00:10:41,760 rest of key force. That's my that's my hot take 195 00:10:41,760 --> 00:10:43,560 here this morning. I like it. 196 00:10:43,600 --> 00:10:45,480 I mean we're not looking too bad markets bouncing here. 197 00:10:45,480 --> 00:10:48,480 Bitcoin 66 five ETH is but you know what I think Mando, you 198 00:10:48,480 --> 00:10:50,640 make a good point like ETH is fairly priced at this stage, 199 00:10:50,640 --> 00:10:53,640 like here, like I it's like it's a good price and like obviously 200 00:10:53,640 --> 00:10:55,840 it's I think everything's going to push higher with Bitcoin, 201 00:10:55,840 --> 00:10:58,920 like you both are saying, and of course, Solana has been really 202 00:10:59,120 --> 00:11:01,560 the main narrative, but it's it's looking good though, like 203 00:11:01,640 --> 00:11:04,840 you know, I I just don't understand the obsession with 204 00:11:04,840 --> 00:11:07,720 Duncan on ETH, which makes me love it more. 205 00:11:08,640 --> 00:11:09,720 I I. Think, I think there's this, 206 00:11:09,800 --> 00:11:13,840 there's this wave. Oh I've got an echo no see if I 207 00:11:13,840 --> 00:11:18,800 can start my audio. I mean, Refresh Premiere does 208 00:11:18,800 --> 00:11:20,000 that right now sometimes. Yeah, I'll come back. 209 00:11:20,280 --> 00:11:22,040 Yeah, I refresh. Premiere does that sometimes. 210 00:11:22,200 --> 00:11:24,960 You know one thing Tyler, though, which the only thing I 211 00:11:24,960 --> 00:11:27,360 didn't really like as much this time around is the tickers 212 00:11:27,840 --> 00:11:32,280 EAEZEWE. Like at least it needs to have 213 00:11:32,280 --> 00:11:36,920 something tickers like puddle or like, you know, stuff like that. 214 00:11:37,080 --> 00:11:39,520 But the the tickers were like kind of boring in my opinion. 215 00:11:39,720 --> 00:11:41,640 But it's OK, you know, that's the only thing. 216 00:11:41,640 --> 00:11:45,000 But what were you saying? What I was saying is, is my 217 00:11:45,000 --> 00:11:46,680 audio OK? No, it fucks up sometimes when I 218 00:11:46,680 --> 00:11:48,200 come back. Yeah, it's good. 219 00:11:48,560 --> 00:11:52,240 So what would change my view is if, if we saw a real 220 00:11:52,240 --> 00:11:56,080 acceleration in the tokenization, some things like 221 00:11:56,080 --> 00:11:59,920 my, my general view is that we've probably found the best 222 00:11:59,920 --> 00:12:05,400 product market fit for crypto, which is as a form of exchange 223 00:12:05,640 --> 00:12:09,560 and for the transfer of assets. And that also leads into 224 00:12:09,560 --> 00:12:13,920 tokenization. And if ETH can over the next 12 225 00:12:13,920 --> 00:12:19,480 months before Solana gets maybe an ETF, it can, it can onboard 226 00:12:19,480 --> 00:12:22,480 BlackRock, you can onboard Fidelity, you can onboard the 227 00:12:22,480 --> 00:12:24,680 shoot asset managers to build funds on there. 228 00:12:25,080 --> 00:12:30,280 I think that's a very, very strong Moat, but it needs to get 229 00:12:30,280 --> 00:12:32,840 it get a move on. It needs to get a move on about 230 00:12:32,840 --> 00:12:34,960 it. I think it just, it needs a 231 00:12:34,960 --> 00:12:40,760 narrative eve because right now it's, it's, it's, I think it's 232 00:12:40,760 --> 00:12:42,480 still kind of caught between it a little bit. 233 00:12:43,160 --> 00:12:46,440 It's been pushed to the L twos and people have very mixed views 234 00:12:46,440 --> 00:12:52,080 on L twos and the securitize. The security aspect is probably 235 00:12:52,080 --> 00:12:55,880 its strongest differentiator, but it feels as though that's 236 00:12:55,880 --> 00:12:59,640 going to be gradually encroached upon with time as well. 237 00:12:59,640 --> 00:13:05,240 So yeah, I, I, that's, I'm not bearish on ETH. 238 00:13:05,240 --> 00:13:07,200 I'm just telling you, if you're an ETH Maxi, what you need. 239 00:13:07,440 --> 00:13:11,560 And I think I don't, I think right now on Salon is a bit of a 240 00:13:11,560 --> 00:13:15,960 consensus trade on CT, but it's still not a, it's still a sixth 241 00:13:15,960 --> 00:13:19,840 of the price of some, oh, fifth of the price of, of ETH. 242 00:13:20,400 --> 00:13:24,840 Like it what that tells me is that you know, if you're on CT 243 00:13:24,880 --> 00:13:29,040 every single day, you're probably picking up on the idea 244 00:13:29,640 --> 00:13:33,240 to this trade early. And a lot of ETH wealth is kind 245 00:13:33,240 --> 00:13:36,440 of slow and moving and perhaps less on CT, let's put it that 246 00:13:36,440 --> 00:13:39,080 way, because it feels as though a lot of CT is just dancing 247 00:13:39,080 --> 00:13:41,000 around in Solana at the moment, right. 248 00:13:41,600 --> 00:13:44,400 But but there is still a fifth of the price. 249 00:13:45,520 --> 00:13:51,160 So I think, I think that's a, that's a, that's one of the 250 00:13:51,160 --> 00:13:54,120 benefits of being on CT for like seeing that Solan has seen a lot 251 00:13:54,120 --> 00:13:59,960 of the culture movement, I think, I think EVE needs to 252 00:13:59,960 --> 00:14:02,240 become an institutional chain very, very quickly. 253 00:14:03,240 --> 00:14:05,440 Yeah, it actually lines up just quickly. 254 00:14:05,440 --> 00:14:08,560 So in some of the the BlackRock like sales pitches, I think in 255 00:14:08,560 --> 00:14:12,160 their formal document I'm I'm quoting here, Ethereum's appeal 256 00:14:12,160 --> 00:14:14,640 lies. It has decentralized nature and 257 00:14:14,640 --> 00:14:18,360 its potential to drive digital transformation and finance and 258 00:14:18,360 --> 00:14:20,240 other industries. I think the keyword there is 259 00:14:20,240 --> 00:14:23,040 potential, right? So like it, it's a bet on the 260 00:14:23,040 --> 00:14:27,160 future, but it's not here. So I think I think Mando's 261 00:14:27,160 --> 00:14:29,480 making a good point versus the sales pitch for Bitcoin is, is 262 00:14:29,480 --> 00:14:31,840 much easier, right? It's just digital gold and it 263 00:14:31,920 --> 00:14:34,040 already. Is digital gold 2 words right? 264 00:14:34,080 --> 00:14:37,440 It's like it's yeah, it is something easier to sell, but I 265 00:14:37,440 --> 00:14:39,280 don't know. I just, I just saw that there's 266 00:14:39,280 --> 00:14:43,000 a BlackRock video that I mean, I'm not going to play here 267 00:14:43,000 --> 00:14:44,880 because I actually kind of long and it's a little more on the 268 00:14:44,880 --> 00:14:47,960 boring side because they're explaining ETH to, to people, to 269 00:14:47,960 --> 00:14:50,600 their book badges to the people buying ETH. 270 00:14:50,600 --> 00:14:52,960 But anyways, they're, they're, that's their sales pitch and 271 00:14:52,960 --> 00:14:58,360 their sales pitch was around here, access here, convenience 272 00:14:58,840 --> 00:15:02,840 and integrated technology. So it's a harder pitch. 273 00:15:02,840 --> 00:15:04,240 Like we talked about this on the show, right? 274 00:15:04,240 --> 00:15:06,240 Like a couple weeks ago we were talking about ETS going live and 275 00:15:06,240 --> 00:15:09,720 we were like, what's the pitch? Like, how are they going to sell 276 00:15:09,720 --> 00:15:14,000 this to people? So it's, it's, it's probably the 277 00:15:14,000 --> 00:15:16,840 toughest job, right? But hey, that's their, that's 278 00:15:16,840 --> 00:15:17,880 their job and they're good at it. 279 00:15:18,440 --> 00:15:20,600 You know, take the take the people golfing, make them buy a 280 00:15:20,600 --> 00:15:23,280 couple billion dollars of ease. You know, that's it. 281 00:15:23,440 --> 00:15:26,920 You know, it's, you know, it's a shandy in a, in a, in a round of 282 00:15:26,920 --> 00:15:29,560 golf, you know, take him to the Trump Doral, red Tiger. 283 00:15:29,560 --> 00:15:33,520 Of course, you know, get, get, get a, get a good round in make 284 00:15:33,520 --> 00:15:35,320 them buy the but make them buy a theorem. 285 00:15:35,440 --> 00:15:37,680 That's it, you know, that's it. It's the pitch. 286 00:15:38,400 --> 00:15:40,520 I should sell it. I should go out there and sell 287 00:15:40,520 --> 00:15:45,920 Etis for for BlackRock and shit. Yeah, I mean, I think it's, I 288 00:15:45,920 --> 00:15:47,920 think it's a very easy pitch, if I'm honest. 289 00:15:47,960 --> 00:15:50,840 I, I, I think you, you, you should be out to pitch. 290 00:15:50,840 --> 00:15:52,360 Eat it. It can change the world. 291 00:15:53,000 --> 00:15:57,200 But at the same time, yeah, you need to pitch it as digital, 292 00:15:57,280 --> 00:16:00,360 digital oil basically, or basically buying into the 293 00:16:00,360 --> 00:16:02,960 payments network or global payments network like you'd buy 294 00:16:02,960 --> 00:16:08,720 into what were or Visa or or you know, all these big payment 295 00:16:08,720 --> 00:16:11,280 providers. So I think I think they should 296 00:16:11,280 --> 00:16:13,960 be able to pitch this. Yeah, they'll be fine. 297 00:16:14,000 --> 00:16:16,240 I, I think, I think people, you know what I like though, I love 298 00:16:16,240 --> 00:16:19,360 when the timeline is Max bearish on something because the last 299 00:16:19,360 --> 00:16:21,920 few weeks, every time Thailand was bearish on something, 300 00:16:21,960 --> 00:16:24,280 something they were wrong, absolutely wrong. 301 00:16:24,320 --> 00:16:26,160 So, so that's, that's one thing that's for sure. 302 00:16:27,000 --> 00:16:29,120 And so are. People Max Bearish on eath. 303 00:16:29,560 --> 00:16:31,080 Dude, I I. Don't know. 304 00:16:31,800 --> 00:16:35,240 Dude, like everyone is dunking on Eath everyone, every big 305 00:16:35,240 --> 00:16:38,800 influencer, every fucking CT account, everyone is dunking 306 00:16:38,800 --> 00:16:42,040 Ethereum. Everyone we're cracking a joke. 307 00:16:42,040 --> 00:16:43,920 You know, like like site comment like uh huh. 308 00:16:43,960 --> 00:16:48,080 But it's like look, most of my shit is on Solana and I'm here 309 00:16:48,080 --> 00:16:50,640 telling people like what the fuck he is smoking Like we got 310 00:16:50,800 --> 00:16:55,560 we got 9 Ethereum ETFs. OK, you saw exactly the playbook 311 00:16:55,560 --> 00:16:58,600 with Bitcoin. We dumped and then we turbo 312 00:16:58,600 --> 00:17:00,840 pumped. So so anyways, I just, I just 313 00:17:00,840 --> 00:17:03,840 thought it was funny Manuel, this morning, most morning last 314 00:17:03,840 --> 00:17:05,240 night, people were like Max, Max bearish. 315 00:17:05,240 --> 00:17:08,480 But I think that narrative is going to change very, very 316 00:17:08,480 --> 00:17:12,040 quickly. And it's almost like, it's 317 00:17:12,040 --> 00:17:14,560 almost like it's become like a left curve trade at this stage, 318 00:17:14,920 --> 00:17:17,160 you know, it's like. This is what this is what I 319 00:17:17,160 --> 00:17:22,160 don't agree on, because I think how is it a left curve trade if 320 00:17:22,160 --> 00:17:25,839 it's trading at 5 1/2 times the value of of Salon? 321 00:17:27,839 --> 00:17:30,640 This, this is what I like. This is why I don't get the left 322 00:17:30,640 --> 00:17:33,480 curve right curve, because I think it's left curve maybe for 323 00:17:33,520 --> 00:17:38,560 CT, But The thing is is like materially higher beneath like 324 00:17:38,560 --> 00:17:40,880 it's not like, Oh, they're neck and neck and it's like, oh, 325 00:17:40,880 --> 00:17:44,640 who's going to win? One of them is is trading at 20% 326 00:17:44,640 --> 00:17:47,640 the the value of the other. I mean, look at this. 327 00:17:47,840 --> 00:17:50,360 That's a big difference. Check this out. 328 00:17:51,240 --> 00:17:52,760 Matthew Siegel posted this right. 329 00:17:52,760 --> 00:17:54,480 He's the head of digital assets of Vanek. 330 00:17:55,120 --> 00:17:58,560 Half an hour in, $60 million traded. 331 00:17:59,760 --> 00:18:01,640 Yeah, that's what that's what that's what I was reading out 332 00:18:01,960 --> 00:18:03,720 this morning. So 32%, so that's. 333 00:18:04,400 --> 00:18:05,480 That's all right. Huge. 334 00:18:05,880 --> 00:18:08,160 It's good people. Think what, 20% remember I think 335 00:18:08,160 --> 00:18:09,320 Tyler, you brought it up right, It was 20. 336 00:18:09,320 --> 00:18:11,840 Percent, 25% is, yeah, that's where I got my 5 billion. 337 00:18:11,880 --> 00:18:15,440 So I mean the 32% holds, I think that's huge. 338 00:18:16,160 --> 00:18:17,560 Dude, that's that's so good. See. 339 00:18:17,560 --> 00:18:19,560 Someone the doctor news brothers, weren't they calling 340 00:18:19,560 --> 00:18:22,360 for like less than 10% or like they were initially calling for 341 00:18:22,360 --> 00:18:24,920 very low inflows, right? That's where the where the. 342 00:18:24,920 --> 00:18:27,320 Blood came from. I think the Bloomberg Bros are 343 00:18:27,320 --> 00:18:30,400 calling for Waylord in this. So it's it's pretty good nature. 344 00:18:30,400 --> 00:18:35,440 Rossi was pretty bullish, but. Not be bearish this, I don't 345 00:18:35,440 --> 00:18:37,400 think I, I just don't know how you'd be bearish. 346 00:18:37,400 --> 00:18:40,280 The ETF people getting very, very aggressively bear like even 347 00:18:40,280 --> 00:18:45,120 if even if you don't believe they'll be able to, to like sell 348 00:18:45,120 --> 00:18:47,520 it as well. These guys are motivated by fees 349 00:18:47,960 --> 00:18:50,840 like they've produced that advert because they know they're 350 00:18:50,880 --> 00:18:53,960 going to make more fees on this than any other ETF they've made. 351 00:18:54,160 --> 00:18:58,920 Like something crazy in terms of the number of of inflows into 352 00:18:58,920 --> 00:19:01,760 Fidelity and BlackRock was the Bitcoin ETF over the last 12 353 00:19:01,760 --> 00:19:04,320 months. It was something like 50%. 354 00:19:05,560 --> 00:19:08,680 When you think about that, like if you're seeing around 50% of 355 00:19:08,760 --> 00:19:12,200 all of your inflows coming from Bitcoin ETFs, these guys are 356 00:19:12,200 --> 00:19:14,200 going to shill the crap out of this thing. 357 00:19:15,560 --> 00:19:18,520 Like they are going to be shilling this thing even if it 358 00:19:18,520 --> 00:19:21,280 doesn't work out in day one. Like they are going to be 359 00:19:21,280 --> 00:19:24,960 selling this thing so hard for the next 12 months. 360 00:19:26,200 --> 00:19:28,680 Do not count this out. They'll like this is bullish for 361 00:19:28,680 --> 00:19:31,200 E for sure. That's why I thought it's mega 362 00:19:31,840 --> 00:19:35,520 more bullish like so like is like Larry Fink last week was on 363 00:19:35,520 --> 00:19:39,280 CNBC talking Bitcoins, right? So like he may not talk ETH 364 00:19:39,280 --> 00:19:44,240 today, but like he will be talking it in maybe a month or 365 00:19:44,240 --> 00:19:46,200 in Q4 for sure. Like it's definitely coming. 366 00:19:46,200 --> 00:19:48,000 Can we maybe just talk one thing about the inflows? 367 00:19:48,000 --> 00:19:50,600 So BlackRock saw 520 million inflows yesterday. 368 00:19:51,640 --> 00:19:54,600 I didn't move the needle. So are they, are they delta 369 00:19:54,600 --> 00:19:56,920 neutral? Are they delta neutral trade on 370 00:19:56,920 --> 00:19:58,640 Bitcoin again? Like I remember that we were, we 371 00:19:58,640 --> 00:20:01,640 were ground to that conclusion, what a month ago. 372 00:20:01,640 --> 00:20:03,440 And then we started kind of getting more bullish on the 373 00:20:03,440 --> 00:20:06,080 inflows on a daily basis because the number was going up and now 374 00:20:06,080 --> 00:20:08,800 the number is not going up. I feel like there's, there's 375 00:20:08,800 --> 00:20:11,320 been a lot of kind of chatter and confusion about that. 376 00:20:11,320 --> 00:20:14,680 Curious if you have a take. I think there's a lot of noise 377 00:20:14,880 --> 00:20:19,360 in the Bitcoin ETF numbers and I think there will be a lot of 378 00:20:19,360 --> 00:20:22,400 noise in the ETF numbers. Similarly, because funds will 379 00:20:22,400 --> 00:20:23,920 come in and they'll do this basis trade. 380 00:20:23,920 --> 00:20:26,240 There's the funds that now feel comfortable doing this, 381 00:20:26,680 --> 00:20:28,720 headphones that feel comfortable doing this and they will come in 382 00:20:28,720 --> 00:20:33,240 and they'll do that basis trade. So which is where they buy spot, 383 00:20:33,320 --> 00:20:37,360 they short futures and they take somewhere between let's say 5 to 384 00:20:37,360 --> 00:20:42,480 30% yield at the moment. Like it varies massively. 385 00:20:43,560 --> 00:20:46,240 What I do think is the best thing to look at is total 386 00:20:46,240 --> 00:20:51,800 stablecoin TBL. And if we bring that up, that's 387 00:20:52,040 --> 00:20:54,280 that's slowly starting to rise again. 388 00:20:54,880 --> 00:20:58,880 So we're we're we're I think the cycle the if you go into D5 389 00:20:58,880 --> 00:21:04,440 Llama, it looks like we peaked at 180 eighty 7 billion roughly 390 00:21:04,880 --> 00:21:06,600 in 2022. Where did I go? 391 00:21:06,600 --> 00:21:09,760 Here we can see that. Just type in total stablecoin 392 00:21:09,760 --> 00:21:15,680 market cap on on into Google and Defy alarm will come up. 393 00:21:15,760 --> 00:21:17,240 Make sure you get the right Defy Lama. 394 00:21:18,200 --> 00:21:22,720 We bottomed out around 125 S picked 185 bond out 125 and 395 00:21:22,720 --> 00:21:26,240 we've been we've been flat for the last few months and then in 396 00:21:26,240 --> 00:21:30,920 the last couple weeks, three or four weeks, we've gone from 160 397 00:21:31,600 --> 00:21:36,720 to around 16165 again. So you're seeing a slow increase 398 00:21:36,720 --> 00:21:39,480 in Sablepoint TV. I, I think this is, this is what 399 00:21:39,480 --> 00:21:44,240 you should be looking at that, that's a much better predictor I 400 00:21:44,240 --> 00:21:48,880 think of, of what's going on than, than Bitcoin because it's 401 00:21:48,880 --> 00:21:51,400 just so much noise in the Bitcoin ETF and there'll be so 402 00:21:51,400 --> 00:21:57,240 much noise in the ETF as well. Yeah, it's, it's it's one 403 00:21:57,240 --> 00:21:58,640 thing's for sure. It's about to get interesting, 404 00:21:58,840 --> 00:22:00,160 man. I'm just, I'm just super 405 00:22:00,160 --> 00:22:01,800 excited. Like this industry is fucking 406 00:22:01,800 --> 00:22:04,280 just getting started. Like, yeah, I mean, like it's 407 00:22:04,280 --> 00:22:07,240 just like you have like ETF's now Bitcoin ETF's are going to 408 00:22:07,240 --> 00:22:09,640 have a bunch of different ETFs now, like the next one, 409 00:22:09,640 --> 00:22:11,200 obviously, like you're looking to the next one, Solana, 410 00:22:11,520 --> 00:22:12,840 etcetera. Like things are looking great. 411 00:22:13,040 --> 00:22:14,320 Things are looking great. I love it. 412 00:22:14,840 --> 00:22:16,840 Could not be any more bullish than I am. 413 00:22:16,840 --> 00:22:20,800 Tyler, Tyler, Tyler Tyler, you must have a top 200 today 414 00:22:20,800 --> 00:22:24,800 because shit is popping, including this red candle I'm 415 00:22:24,800 --> 00:22:28,160 looking at on D MAGA A seal on just changes every. 416 00:22:28,280 --> 00:22:30,440 Holy shit. I'm going to pull up this chart 417 00:22:30,440 --> 00:22:39,560 right in a second. Tyler D on FOMO Hour calls the. 418 00:22:40,320 --> 00:22:46,280 Kids hand all right, so ETH is leading crypto majors ahead of 419 00:22:46,280 --> 00:22:50,440 the ETF debut of the ETFs are live now though meme coin majors 420 00:22:50,480 --> 00:22:53,040 pretty red on the day we'll get into some of that in a bit 421 00:22:53,320 --> 00:22:56,560 BlackRock their Bitcoin ETF inflows at $520 million every 422 00:22:56,560 --> 00:22:59,960 day while CNBC ran a segment about the potential for the US 423 00:22:59,960 --> 00:23:01,920 to hold Bitcoin as a strategic reserve. 424 00:23:01,920 --> 00:23:06,480 So that concept is spreading. We saw Kobe his Co investing 425 00:23:06,640 --> 00:23:09,960 platform Echo is going to leave beta this week, so those on the 426 00:23:09,960 --> 00:23:12,440 wait list will have a chance to use that platform. 427 00:23:12,440 --> 00:23:15,400 Go check that out. Hyperland launched as the first 428 00:23:15,440 --> 00:23:19,240 digital asset lending platform on the hyper liquid chain. 429 00:23:19,280 --> 00:23:22,760 So so big news for users over there in politics. 430 00:23:22,760 --> 00:23:25,600 Polyfi polymarket set new all time highs and volume and users 431 00:23:25,600 --> 00:23:30,000 again as Kamala officially gained enough to get the dim 432 00:23:30,000 --> 00:23:32,040 nom. It's not formally, it's not 433 00:23:32,560 --> 00:23:34,760 formal yet, but she has the delegates. 434 00:23:34,760 --> 00:23:38,440 And then there's just wild speculation on the status of Joe 435 00:23:38,440 --> 00:23:42,080 Biden, his health and and where he is at, just in general. 436 00:23:42,680 --> 00:23:46,120 Omelet coin jumped 50% back to 24,000,000 yesterday. 437 00:23:46,120 --> 00:23:47,960 So qualified, not dead yet. And Bowden. 438 00:23:48,360 --> 00:23:52,200 Bowden rebounded 150% as well. Had totally written that one 439 00:23:52,200 --> 00:23:54,000 off. But it's still got some life. 440 00:23:54,200 --> 00:23:56,720 We saw the Jupiter team make what I'll call the strange 441 00:23:56,720 --> 00:24:01,000 decision to partner with Irene Zhao for an upcoming meme 442 00:24:01,040 --> 00:24:03,760 launch. Yeah, those Irene Dow NF TS, if 443 00:24:03,760 --> 00:24:08,080 anyone remembers those, they did yesterday on the back of that. 444 00:24:08,600 --> 00:24:12,200 And then in free money news, Liquidium, they completed an $11 445 00:24:12,200 --> 00:24:16,080 million AirDrop over on Bitcoin to holders of various ordinals. 446 00:24:16,280 --> 00:24:17,200 Broke. You got this. 447 00:24:17,200 --> 00:24:20,960 You may not even know it, but you got some of these tokens so 448 00:24:20,960 --> 00:24:25,000 that they airdropped the Liquidium rooms, holders of the 449 00:24:25,000 --> 00:24:27,440 big ordinals. So your puppets, node monkeys, 450 00:24:27,840 --> 00:24:31,200 OMB, quantum cats and pizza ninjas, and then also to the 451 00:24:31,200 --> 00:24:34,840 users of the Liquidian platform. And that token, it's at a $33 452 00:24:34,840 --> 00:24:36,520 million market cap here this morning. 453 00:24:36,520 --> 00:24:39,000 Not not bad for a lending protocol token. 454 00:24:39,080 --> 00:24:41,800 You're telling me I got more free money today on Bitcoin 455 00:24:41,800 --> 00:24:43,560 again? Oh my God, look at that. 456 00:24:43,560 --> 00:24:46,200 I got AI, got a six to $8 air drop. 457 00:24:48,120 --> 00:24:49,200 But hope that's higher than that. 458 00:24:49,360 --> 00:24:53,080 Let me see the other wallet that's worth 200 bucks. 459 00:24:53,520 --> 00:24:54,760 Fuck, not bad. Hey, it's. 460 00:24:55,920 --> 00:24:59,720 Damn it, I thought I was gonna go see like a $5000 air drop. 461 00:24:59,840 --> 00:25:04,160 You hyped me up. So we were back in in Q1 and we 462 00:25:04,160 --> 00:25:07,080 just really didn't realize how good, how good we had it. 463 00:25:07,600 --> 00:25:09,520 Yeah, you're right. We really didn't realize how 464 00:25:09,520 --> 00:25:11,200 good we had it. But you also just made me 465 00:25:11,200 --> 00:25:13,840 realize that I have .10 Bitcoin laying in this wallet too. 466 00:25:14,000 --> 00:25:15,360 That's awesome. I love that. 467 00:25:15,360 --> 00:25:17,640 I love your good air drop. I actually, I interviewed the 468 00:25:17,680 --> 00:25:21,280 the founder of Liquidium in in Hong Kong during organization 469 00:25:21,680 --> 00:25:23,520 and that's where he announced the whole token launch and 470 00:25:23,520 --> 00:25:26,600 everything. Smart guy, Merlin, smart dude. 471 00:25:27,560 --> 00:25:29,320 They've got some good stuff going on and they're, you know, 472 00:25:29,360 --> 00:25:31,800 building some like a lot of people like on Bitcoin, like 473 00:25:31,800 --> 00:25:34,560 super bullish on on liquidium, like the, I remember the stage 474 00:25:34,560 --> 00:25:37,080 being packed for his for, for when he talked. 475 00:25:37,080 --> 00:25:39,200 So that was really cool. The other thing is I have a 476 00:25:39,200 --> 00:25:41,320 question. I hate to bring politics back up 477 00:25:41,320 --> 00:25:43,200 here, but we're having internal debate. 478 00:25:43,840 --> 00:25:48,920 Where's Joe Biden? Can can somebody please tell me 479 00:25:49,560 --> 00:25:51,880 where the leader of the free world is? 480 00:25:52,360 --> 00:25:54,880 Supposedly in Delaware hiding out with COVID, I mean that 481 00:25:54,880 --> 00:25:59,400 that's the the official story. So they're the odds that he's 482 00:25:59,400 --> 00:26:02,520 going to make in a they are actually steaming. 483 00:26:04,480 --> 00:26:08,160 So I want to say this was a new bet they launched yeah he's at 484 00:26:08,160 --> 00:26:11,480 70. No, he's not super high liquid 485 00:26:11,480 --> 00:26:14,520 market over there. So folks think he is going to 486 00:26:14,520 --> 00:26:17,040 make an appearance today, but it was looking pretty suspicious 487 00:26:17,040 --> 00:26:18,920 yesterday. So with the tinfoil hat theory, 488 00:26:18,920 --> 00:26:22,400 so there was they, they piped him into the Kamala press 489 00:26:22,400 --> 00:26:24,120 conference. But then she made like the faux 490 00:26:24,120 --> 00:26:26,440 pas where she called it a recording and then caught 491 00:26:26,440 --> 00:26:30,440 herself. So we hadn't really officially 492 00:26:30,440 --> 00:26:32,320 heard him say anything yet. Everything had been coming out 493 00:26:32,320 --> 00:26:34,880 through the Twitter feed. You know, some of it had been in 494 00:26:34,880 --> 00:26:38,160 conflict with everything that had been said ahead of that. 495 00:26:38,800 --> 00:26:41,680 We really just need a statement from him to kind of just clear 496 00:26:41,680 --> 00:26:45,880 the air on all this. And I'm just confused about this 497 00:26:45,960 --> 00:26:50,000 like as a as an outsider, I'm your cousin of the north of the 498 00:26:50,080 --> 00:26:53,840 fellow Canadian North American. You know, I, I'm just so 499 00:26:53,840 --> 00:26:58,280 confused about how the president of arguably the most powerful 500 00:26:58,280 --> 00:27:00,880 country on earth is missing. I just. 501 00:27:01,240 --> 00:27:03,520 I'm super and I think the simplest explanation is that 502 00:27:03,520 --> 00:27:07,040 he's old and he has COVID and he's been sick and probably 503 00:27:07,040 --> 00:27:09,560 resting a lot, but that's not fun. 504 00:27:09,560 --> 00:27:11,520 That's not that's not what's going to spread on the timeline. 505 00:27:11,520 --> 00:27:13,160 So of course there's. Going to be one this one of 506 00:27:13,160 --> 00:27:15,240 COVID stocks too. I mean man though you just came 507 00:27:15,240 --> 00:27:17,720 down with it. This, this, this kicks you in 508 00:27:17,720 --> 00:27:18,440 the face. Really. 509 00:27:19,120 --> 00:27:21,160 Yeah, man. Like if he get, if he got it, I 510 00:27:21,160 --> 00:27:24,840 think he's I'll at the same time, I think it's wild. 511 00:27:25,280 --> 00:27:30,680 It is wild that he didn't make an appear like he he resigned 512 00:27:30,680 --> 00:27:33,200 and he wasn't seen for five days. 513 00:27:33,720 --> 00:27:35,120 And it's worse. Yeah. 514 00:27:35,120 --> 00:27:38,200 Like I actually think there's there's something to this like 515 00:27:38,240 --> 00:27:40,000 that his signature didn't look right. 516 00:27:40,000 --> 00:27:43,800 Like he clearly stopped his team helped that all. 517 00:27:44,760 --> 00:27:46,640 It's not a temple hat. Like, I don't even think that's 518 00:27:46,640 --> 00:27:49,120 a temple hat. I think it's it's he didn't turn 519 00:27:49,120 --> 00:27:50,920 up for five days. That is kind of crazy. 520 00:27:50,920 --> 00:27:52,160 That's that's the truth. No. 521 00:27:52,720 --> 00:27:55,160 Did you guys see the recording thing that Matt Matt that Tyler 522 00:27:55,160 --> 00:27:56,720 just brought up? Did you see that video? 523 00:27:56,720 --> 00:27:58,280 Might I think he. I think he was probably in 524 00:27:58,320 --> 00:28:03,880 really in a really bad state and to to like probably show him 525 00:28:03,920 --> 00:28:07,080 would have been kind of terminal for the campaign anyway. 526 00:28:07,080 --> 00:28:09,920 So it's just like, well, you know, I got COVID. 527 00:28:10,080 --> 00:28:13,760 So raises the question like. Sorry, I felt terrible. 528 00:28:13,960 --> 00:28:17,480 I felt terrible. Like I I actually thought like 529 00:28:17,560 --> 00:28:20,120 he's 82 and he got COVID like. Oh fuck, hold on. 530 00:28:20,120 --> 00:28:22,800 Breaking news, the Secret Service director actually 531 00:28:22,800 --> 00:28:25,120 resigned. Yeah, we knew the she had. 532 00:28:25,160 --> 00:28:26,760 That had to happen. Good. 533 00:28:26,760 --> 00:28:29,600 I'm like. I saw the like it's no Why also? 534 00:28:29,760 --> 00:28:32,040 I think I've seen that too, right, Mandel? 535 00:28:32,040 --> 00:28:36,240 Like we Also why is nobody following up on the fact that 536 00:28:36,960 --> 00:28:39,800 they nearly murdered fault and we don't even have details on 537 00:28:39,800 --> 00:28:41,600 that either. What's going on in America? 538 00:28:41,600 --> 00:28:43,800 Tyler with. It feels like that's not being 539 00:28:43,800 --> 00:28:45,480 talked about as much as it probably should be. 540 00:28:45,480 --> 00:28:47,960 What's? Going on that is an insterozine. 541 00:28:48,160 --> 00:28:50,200 It's not even political in this scenario. 542 00:28:50,200 --> 00:28:52,240 Like I have no idea what the hell. 543 00:28:52,240 --> 00:28:54,280 Like you can hear about the story. 544 00:28:54,360 --> 00:28:57,160 You're like, well, yeah, this guy was on the roof and like, we 545 00:28:57,160 --> 00:29:00,560 spoiled him like hours before and people are shouting yet as 546 00:29:00,560 --> 00:29:02,720 he's up there. It is before people like, yo, 547 00:29:02,720 --> 00:29:06,520 dude's got a gun on the rooftop. He's just sunbathing. 548 00:29:06,960 --> 00:29:07,760 It's like. What? 549 00:29:07,760 --> 00:29:09,600 What? What is going on here? 550 00:29:10,120 --> 00:29:13,480 Indefensible. Yeah, I think more, more heads 551 00:29:13,480 --> 00:29:15,840 are going to roll. Probably still still would come 552 00:29:15,840 --> 00:29:17,480 from from that one. I don't think we've seen the end 553 00:29:17,480 --> 00:29:20,280 of it. Oh my God, this is now. 554 00:29:20,280 --> 00:29:25,520 We'll buy and finish. This term is just at 57%. 57% 555 00:29:25,560 --> 00:29:26,880 Wow. Wow. 556 00:29:27,760 --> 00:29:30,480 I'm on the no side of that. I actually did a bit thing. 557 00:29:33,360 --> 00:29:36,600 I mean the the resignation I think was super abrupt and 558 00:29:36,600 --> 00:29:39,440 surprising. I don't see like dude, I think 559 00:29:39,440 --> 00:29:43,400 waiting till he was perhaps healthy to to step away and 560 00:29:43,400 --> 00:29:45,160 could actually make a statement would have made more sense. 561 00:29:45,160 --> 00:29:48,720 And then now like like they really are pushing Kamala. 562 00:29:48,720 --> 00:29:50,920 Like the best chance is for her to be. 563 00:29:50,920 --> 00:29:54,040 The exactly. I think it's the best thing for 564 00:29:54,040 --> 00:29:57,000 Kamala here is that he resigns because then she can have a 565 00:29:57,000 --> 00:29:58,760 clean break. She looks more presidential. 566 00:29:59,960 --> 00:30:02,000 True. You know, she could she could 567 00:30:02,000 --> 00:30:07,160 pretty do some things and on like like foreign diplomacy, 568 00:30:07,160 --> 00:30:11,360 that sort of stuff. I I think I think that would be 569 00:30:11,360 --> 00:30:14,920 the best move by the Dems. I don't know if like it but. 570 00:30:15,080 --> 00:30:18,600 I don't know, my polymarket bet on on Michelle Obama being the 571 00:30:18,600 --> 00:30:20,040 Dem nominee is not looking good right now. 572 00:30:20,040 --> 00:30:22,520 I'm down 50%. As soon as Pelosi. 573 00:30:22,640 --> 00:30:24,280 As soon as Pelosi said it. Pelosi Yeah. 574 00:30:24,680 --> 00:30:26,840 Dude. Pelosi decided this right Like 575 00:30:26,840 --> 00:30:29,880 she needs the reason. Why should probably get out 576 00:30:29,880 --> 00:30:32,160 while you can. Yeah, it's OK. 577 00:30:32,160 --> 00:30:35,160 I only put 100 bucks in there. I'll just write it to 0 or Hero 578 00:30:36,920 --> 00:30:38,760 Classic. Speaking of writing Zero to 579 00:30:38,760 --> 00:30:41,600 hero, how do we think, do we think this guy that turned 580 00:30:41,600 --> 00:30:47,320 $405,000 to $1.8 million sold his dark MAGA before Elon just 581 00:30:47,320 --> 00:30:51,000 changed his PFP back? I mean look at this red Cam him 582 00:30:51,000 --> 00:30:53,800 just sent us. Oh my God, it's less than 10. 583 00:30:54,480 --> 00:30:58,600 Dude it just dropped 84% in an hour. 584 00:30:59,160 --> 00:31:03,480 Someone sold I'm on big salt he. Stole this he changed his PFP 585 00:31:03,480 --> 00:31:10,040 back right and and and the and the he went back to like regular 586 00:31:10,040 --> 00:31:13,120 Elon whatever and and it's insane. 587 00:31:19,560 --> 00:31:23,800 Oh my God, dude. Can we go into the telegram? 588 00:31:24,000 --> 00:31:25,520 Can we live stream us? Go into the? 589 00:31:25,600 --> 00:31:27,440 I just want to see what everyone saying in there. 590 00:31:28,080 --> 00:31:32,040 Yo, what's the dark MAGA telegram? 591 00:31:32,440 --> 00:31:36,280 Is there is there is there is there Twitter for it? 592 00:31:36,280 --> 00:31:39,480 Like, I don't know what do you find that like? 593 00:31:40,040 --> 00:31:41,720 Maybe that, yeah, that dot maga. Maybe that's it. 594 00:31:42,320 --> 00:31:45,120 No, go on the decks. You should be there. 595 00:31:45,120 --> 00:31:47,680 Right on the decks. Oh yeah, Middle, middle. 596 00:31:47,880 --> 00:31:49,400 There it is. OK. 597 00:31:49,400 --> 00:31:51,480 I'm entering the telegram for my dogs. 598 00:31:52,040 --> 00:31:53,880 It's fully dogs. Everything. 599 00:31:53,880 --> 00:31:55,840 Fuck it. Open telegram. 600 00:31:56,240 --> 00:31:58,200 All right, let's go. We're Hold on. 601 00:31:58,200 --> 00:32:00,720 Let me let me just open. How do you open a chat 602 00:32:00,720 --> 00:32:08,400 separately? There is, there's nothing going 603 00:32:08,400 --> 00:32:10,840 on. I mean, there's there's nothing 604 00:32:10,840 --> 00:32:11,920 going on. There's no. 605 00:32:12,280 --> 00:32:18,640 Bearish. Hold on, I'm verifying that I'm 606 00:32:18,640 --> 00:32:20,680 not a robot. Verify. 607 00:32:20,680 --> 00:32:23,080 How does this work? Why is this so complicated? 608 00:32:24,920 --> 00:32:28,800 Wells of manipulating the price. It's bullish, hold on bullish. 609 00:32:28,800 --> 00:32:31,680 So there. It is so. 610 00:32:31,720 --> 00:32:33,120 Funny. Hold on, hold on. 611 00:32:33,520 --> 00:32:37,440 How do I, I 'cause I want to share the chat, but I don't want 612 00:32:37,440 --> 00:32:41,040 to share all my Telegram chats. If oh, I hate them, I hate them 613 00:32:41,160 --> 00:32:41,520 more. Good. 614 00:32:41,840 --> 00:32:44,920 It's just we're in the middle of a lot of sensitive and important 615 00:32:44,920 --> 00:32:47,040 things and I don't really want to share all that stuff. 616 00:32:47,400 --> 00:32:49,600 How do I share this? How do I share Telegram on this 617 00:32:49,880 --> 00:32:51,120 here? I don't know. 618 00:32:51,760 --> 00:32:53,520 Maybe web load? You can't. 619 00:32:54,240 --> 00:32:56,600 I'd have to share. Your whole screen, but that's 620 00:32:56,600 --> 00:32:57,800 can. Be can you see my whole screen 621 00:32:57,800 --> 00:33:00,160 here? Can you see Telegram now? 622 00:33:00,400 --> 00:33:03,040 Yeah, we can. Team is still. 623 00:33:03,040 --> 00:33:04,960 Here not. Selling dev is still here. 624 00:33:10,160 --> 00:33:12,440 Hold on, let me post. This is so funny. 625 00:33:12,440 --> 00:33:15,640 Hold on, team is still here, you just D. 626 00:33:15,640 --> 00:33:18,280 Magger is bigger than Elon D Magger is bigger. 627 00:33:18,280 --> 00:33:24,360 Than Elon. This is a Trump token. 628 00:33:24,720 --> 00:33:28,960 D Mag is bigger than Elon. What a wild, wild. 629 00:33:30,680 --> 00:33:32,440 I just love these telegrams sometimes. 630 00:33:32,440 --> 00:33:35,080 Look at these people. Game one soul at a time, just to 631 00:33:35,080 --> 00:33:41,160 like, just. What? 632 00:33:41,240 --> 00:33:43,120 Happened. Doubled my bag here. 633 00:33:43,440 --> 00:33:45,160 Yeah. What happened? 634 00:33:45,160 --> 00:33:48,320 This guy just woke up. Be right back, reported A-Team 635 00:33:48,320 --> 00:33:51,200 member. Regardless if Elon changed his 636 00:33:51,200 --> 00:33:53,360 photo, who cares? This is a Trump coin. 637 00:33:53,600 --> 00:33:57,680 No motherfucker, there's like 50 million Trump coins even. 638 00:33:58,000 --> 00:34:00,480 No maggot leaving Trump on Earth is dumping I. 639 00:34:00,960 --> 00:34:02,760 Don't. Maybe it is, maybe just I don't 640 00:34:02,760 --> 00:34:04,800 want to get into. I just I love to see. 641 00:34:05,200 --> 00:34:08,360 Yeah, I don't. Want to sheer a sheer panic? 642 00:34:08,440 --> 00:34:11,440 You're calling you on a clown for changing his PFP? 643 00:34:11,639 --> 00:34:15,600 Who cares that he sources PFP like a clown for? 644 00:34:17,880 --> 00:34:20,560 Let's let's put it together. Let's triple this thing. 645 00:34:21,239 --> 00:34:22,840 All right, let's go. Let's go guys. 646 00:34:22,840 --> 00:34:24,400 We're rooting for you. Listen, we're. 647 00:34:24,440 --> 00:34:28,000 Very bullish for a different somewhat related coin that I 648 00:34:28,000 --> 00:34:30,320 bought yesterday. It's only $1,000,000 market cap 649 00:34:30,320 --> 00:34:32,560 so I don't know if I can get into it on on this. 650 00:34:32,880 --> 00:34:37,400 Here, I mean, I mean, does it have less liquidity than your 651 00:34:37,400 --> 00:34:39,600 amount of followers? That's the rule. 652 00:34:39,920 --> 00:34:42,239 More liquidity than the ball. So that's good. 653 00:34:42,239 --> 00:34:47,000 It's it's a catch phrase that Elon said in that interview that 654 00:34:47,000 --> 00:34:51,080 was going pretty viral where, where he was talking about like 655 00:34:51,080 --> 00:34:55,520 what happened with his son and now daughter who who went 656 00:34:55,520 --> 00:34:59,800 through the the gender change. And it is a tagline that could 657 00:34:59,800 --> 00:35:02,240 get picked up like 4. Oh, here we go. 658 00:35:04,160 --> 00:35:06,920 So I left the chat. I had to leave that chat. 659 00:35:06,920 --> 00:35:09,440 That's too funny. The market, this turbo is like 660 00:35:09,440 --> 00:35:11,600 rage pumping right now. I don't know what's going on. 661 00:35:11,600 --> 00:35:13,840 Bitcoin's back 67 three. It was like 66 K. 662 00:35:14,040 --> 00:35:17,040 We start to shop. Yeah, we just got $1000 candle. 663 00:35:17,840 --> 00:35:21,640 These bulls on parade. Dude, let's go, dude, The thing 664 00:35:21,800 --> 00:35:24,800 is about to to cross over 3500 again. 665 00:35:24,800 --> 00:35:26,360 You'd love to see it send it, baby. 666 00:35:26,520 --> 00:35:28,720 I woke up this one and I was like this does not feel right 667 00:35:28,960 --> 00:35:31,200 like this is this makes no sense like this. 668 00:35:31,240 --> 00:35:34,320 It's like that was that that made no this this sell off 669 00:35:34,320 --> 00:35:36,720 anyway. So if you're in D MAGA, I hope 670 00:35:36,720 --> 00:35:37,960 we could help you a little bit here. 671 00:35:38,440 --> 00:35:42,840 But anyway, so sorry guys, that was so funny. 672 00:35:45,680 --> 00:35:48,600 I just wanted to see if a whale had sold, but seemingly it's 673 00:35:48,600 --> 00:35:50,360 about the profile picture. I didn't know if it was like 674 00:35:51,720 --> 00:35:54,880 debs have not left. I just love that line. 675 00:35:57,120 --> 00:35:58,960 We've all been a telegram like that before. 676 00:35:59,240 --> 00:36:00,520 I think we should CTO it.