1 00:00:00,200 --> 00:00:12,400 Oh yo-yo, what up? Morning, good morning GMG today, 2 00:00:13,400 --> 00:00:20,960 Wednesday, June 24, 2020. 4. Today's 6/24/24. 3 00:00:21,160 --> 00:00:23,480 Look at that. Another beautiful day to have a 4 00:00:23,480 --> 00:00:25,560 beautiful day. And by the way, Tyler, do you 5 00:00:25,560 --> 00:00:27,120 know what time the show is when you're in Europe? 6 00:00:27,440 --> 00:00:30,320 Four, there you go. Incredible. 7 00:00:30,920 --> 00:00:33,720 I got my Co host in the house, Tyler Mando. 8 00:00:33,720 --> 00:00:37,280 How you guys doing today? Awesome man, how are you? 9 00:00:38,080 --> 00:00:40,040 Great, the first comment this morning is Mando. 10 00:00:40,040 --> 00:00:42,160 Tweet more bro. Someone must have you in their 11 00:00:42,160 --> 00:00:45,400 fantasy top decks. Tyler, how you doing? 12 00:00:46,480 --> 00:00:50,120 I'm good man. Gearing up for Bitcoin 13 00:00:50,120 --> 00:00:52,320 Nashville. He's gonna be packing up today 14 00:00:52,320 --> 00:00:55,640 heading heading out there tomorrow and now the rumors that 15 00:00:55,720 --> 00:00:57,960 Kamala might be there. I'm not totally buying it. 16 00:00:57,960 --> 00:01:02,640 But anyway, hypens hypens highs. It's been that's that's right. 17 00:01:02,800 --> 00:01:05,480 What's funny, though, is like David Bailey tweeted about him 18 00:01:05,519 --> 00:01:08,640 talking to team and like Fox News immediately picked that up 19 00:01:08,640 --> 00:01:11,520 is like he's speaking. So I checked with the decrypt, 20 00:01:11,520 --> 00:01:12,600 right? I'm like, yo, like, is he 21 00:01:12,600 --> 00:01:14,760 speaking speaking? Like, no, the tweet is aiming, 22 00:01:14,800 --> 00:01:18,320 saying they're trying to get her to speak, but, you know, 23 00:01:18,400 --> 00:01:19,920 traditional media picked up on it. 24 00:01:19,920 --> 00:01:21,320 Like, yeah, she's speaking. That was weird. 25 00:01:21,800 --> 00:01:26,160 Then then every source ran with it quoting Fox News, so like and 26 00:01:26,160 --> 00:01:29,600 then it spreads like. This is this is wild because I 27 00:01:29,600 --> 00:01:31,200 was like, why aren't we writing about this? 28 00:01:31,200 --> 00:01:34,160 If if she's not speaking for real because she's not confirmed 29 00:01:34,160 --> 00:01:35,960 to speak yet. I don't think she won't, by the 30 00:01:35,960 --> 00:01:37,920 way, shout at David Bailey in Bitcoin magazine for like 31 00:01:38,000 --> 00:01:40,920 hustling because that would be insane to have all three like 32 00:01:40,920 --> 00:01:43,400 even independent party Trump and then Kamala Harris. 33 00:01:43,400 --> 00:01:45,760 So RFK and Kamal in one conference speaking. 34 00:01:45,760 --> 00:01:48,480 That would be epic. Like that would really be 35 00:01:48,480 --> 00:01:51,600 something, I mean, good for our bags if every single party's 36 00:01:51,600 --> 00:01:56,720 trying to pump our bags. I'm, I'm, I'm, I'm, I'm just a 37 00:01:56,720 --> 00:01:59,760 Canadian token holder. I'm just a Canadian token 38 00:01:59,760 --> 00:02:03,880 holder, you know, cousin N Anyways, today on the show today 39 00:02:03,880 --> 00:02:05,240 today, well, I'm feeling fantastic. 40 00:02:05,920 --> 00:02:08,919 Well, energy's all time high daily market report, macro, 41 00:02:08,919 --> 00:02:11,880 crypto, all that good stuff. Recap of day one of the Etherem 42 00:02:11,880 --> 00:02:14,400 ETF switch. That was not that bad of a day, 43 00:02:14,400 --> 00:02:16,880 honestly, when you look at the numbers, was above everybody's 44 00:02:16,880 --> 00:02:18,360 expectations. So love to see that. 45 00:02:18,720 --> 00:02:20,360 We're going to be talking about that for sure. 46 00:02:20,360 --> 00:02:21,840 Crypt actually bounced pretty well overnight. 47 00:02:21,840 --> 00:02:23,040 You love to see that this morning. 48 00:02:23,040 --> 00:02:26,840 Burgers a bidding, look at that. And then Tyler top 100, Tyler 49 00:02:26,840 --> 00:02:28,480 top 100. As usual, let's see what Tyler 50 00:02:28,480 --> 00:02:30,680 got in store for us. And then last, but we're joined 51 00:02:30,680 --> 00:02:33,120 by today's show partner. It's unfucked, right? 52 00:02:33,120 --> 00:02:34,600 That's how I say it. Or unfucked. 53 00:02:35,320 --> 00:02:37,400 Yeah, UNFK. Today's show partner. 54 00:02:37,640 --> 00:02:39,720 It's this one's going to be a funny one. 55 00:02:39,840 --> 00:02:41,360 This one's going to be a funny one. 56 00:02:41,360 --> 00:02:43,080 If you don't want a video, I think you're going to want to 57 00:02:43,080 --> 00:02:46,880 come on video for this one. We got a prankster coming up, so 58 00:02:46,920 --> 00:02:49,840 that one's going to be fun. So I'm excited to get that 59 00:02:49,840 --> 00:02:52,920 going. So without further, let's get 60 00:02:53,080 --> 00:03:05,480 this party started. Can you dig it? 61 00:03:06,880 --> 00:03:08,480 Yeah. So it feels like for the last 24 62 00:03:08,480 --> 00:03:13,040 hours, we've kind of gone swing between Ether's dead to actually 63 00:03:13,040 --> 00:03:16,040 it looks all right, to Ether's dead to actually it looks all 64 00:03:16,040 --> 00:03:20,080 right. I think in general, we saw 65 00:03:20,120 --> 00:03:23,680 decent inflows, about 109 million of inflows into the ETF. 66 00:03:24,320 --> 00:03:27,840 That's net. There was a huge grayscale 67 00:03:27,840 --> 00:03:30,120 outflow. I think people perhaps 68 00:03:30,120 --> 00:03:34,000 underestimated the scale of the grayscale outflow that was over 69 00:03:34,000 --> 00:03:36,440 400 million. But you know, we're going to 70 00:03:36,440 --> 00:03:39,880 hope that Black Rock are able to see decent inflows over that 71 00:03:39,880 --> 00:03:42,680 period. But yeah, generally a good I 72 00:03:42,680 --> 00:03:45,360 thought was fairly decent and we'll see how that goes over the 73 00:03:45,360 --> 00:03:48,520 next few, few weeks. I think it's very, very early to 74 00:03:48,520 --> 00:03:52,640 say if it's been a success or not, but it's definitely not 75 00:03:52,640 --> 00:03:55,120 been a complete failure. But that's very, very clear. 76 00:03:55,600 --> 00:04:00,080 So decent, decent day. I think cryptos kind of had, 77 00:04:00,200 --> 00:04:07,080 like I said, split personality over the last 24 hours, but 78 00:04:07,080 --> 00:04:09,760 we're kind of hanging out basically where we went live on 79 00:04:09,760 --> 00:04:13,880 the show yesterday. So Bitcoin around 67 K or just 80 00:04:13,880 --> 00:04:19,040 shy of that, each just below 3500 and and Solana hanging out 81 00:04:19,040 --> 00:04:21,440 at 180. I think people are looking to 82 00:04:21,480 --> 00:04:25,440 see how Solana does in the back of this, like does does that 83 00:04:25,440 --> 00:04:29,160 performance continue or not? I think that will be the one 84 00:04:29,240 --> 00:04:31,360 thing to look at. But this was definitely a good, 85 00:04:31,600 --> 00:04:33,920 a good 24 hours for for crypto in general. 86 00:04:34,200 --> 00:04:36,480 You saw some movements from the Mount Cox wallets. 87 00:04:37,920 --> 00:04:42,600 I think some Kraken poses have been start to be repaid and 88 00:04:42,600 --> 00:04:45,800 you're starting to see potentially Bitstamp as well get 89 00:04:45,800 --> 00:04:49,520 funds there. So I think over the next two 90 00:04:49,520 --> 00:04:54,520 weeks, we'll probably see all of those funds the the, the Mount 91 00:04:54,520 --> 00:04:59,360 Cox creditor wallets and moved on to exchanges where they'll be 92 00:04:59,360 --> 00:05:02,680 distributed. So probably a decent, decent 93 00:05:02,680 --> 00:05:07,440 period here of looking at where those funds go. 94 00:05:07,760 --> 00:05:11,560 We saw big outflows from Kraken actually over the last 24 hours, 95 00:05:11,560 --> 00:05:14,080 which indicated that people were actually taking out the Bitcoin 96 00:05:14,080 --> 00:05:16,320 rather than selling it, which I thought was interesting. 97 00:05:16,960 --> 00:05:19,240 I imagine we'll see a decent amount from Bitstamp too. 98 00:05:19,240 --> 00:05:22,280 So I think the selling on the back of this will probably be a 99 00:05:22,280 --> 00:05:25,800 slow drip rather than anything, anything more substantial there. 100 00:05:25,840 --> 00:05:28,400 I'm not, I'm personally not worried about it. 101 00:05:28,400 --> 00:05:31,480 I feel like it's been priced in for for so, so long now that 102 00:05:31,480 --> 00:05:35,160 it's not. It's less of a big deal in terms 103 00:05:35,160 --> 00:05:38,280 of like broader, like bullish sentiment. 104 00:05:38,320 --> 00:05:40,880 Like you said, Harris, there's some chatter about the fact that 105 00:05:40,880 --> 00:05:44,400 she might speak at Bitcoin Nashville, although it feels 106 00:05:44,400 --> 00:05:48,880 more chatter more than anything. But Mark Cuban came out 107 00:05:48,880 --> 00:05:51,440 yesterday and thought that she would have a more pro Bitcoin 108 00:05:51,920 --> 00:05:53,800 stance. I think it would be obvious for 109 00:05:53,800 --> 00:05:59,480 her to to kind of be a bit more pro Bitcoin than maybe Biden and 110 00:05:59,480 --> 00:06:02,160 Warren have been. So we'll, we'll, we'll, we'll 111 00:06:02,160 --> 00:06:06,680 wait to see what happens there. There was some talk about JD, 112 00:06:06,680 --> 00:06:12,240 which is one of the biggest online retailers in China are 113 00:06:12,240 --> 00:06:15,280 going to create their own stablecoin in Hong Kong, which I 114 00:06:15,280 --> 00:06:16,800 thought was relatively interesting. 115 00:06:18,080 --> 00:06:20,480 There's, there's only going to be a few different stable coin 116 00:06:20,720 --> 00:06:22,800 issuers in Hong Kong. And the fact that JD is going to 117 00:06:22,800 --> 00:06:26,000 be one of them, I think points to the idea that, you know, it's 118 00:06:26,000 --> 00:06:28,760 getting the steal of approval over there. 119 00:06:28,760 --> 00:06:34,960 There was a big 100 million buy by a Chinese, a Hong Kong tech 120 00:06:34,960 --> 00:06:38,360 firm. What was it a few days ago? 121 00:06:38,360 --> 00:06:42,360 So definitely seeing Hong Kong being a bit more pro, pro 122 00:06:42,480 --> 00:06:45,680 Bitcoin to see JD come in and say they're going to do a stable 123 00:06:45,680 --> 00:06:49,320 coin, I think is a is a relatively big deal for people 124 00:06:49,320 --> 00:06:52,760 who are involved in the derivative market. 125 00:06:52,760 --> 00:06:56,000 Streets DDYDX might be selling its platform, well, it's 126 00:06:56,000 --> 00:07:00,480 derivatives platform to various different buyers that jump and 127 00:07:00,480 --> 00:07:03,280 Wintermute potentially were spoken about as potential buyers 128 00:07:03,280 --> 00:07:04,600 for that. I think that would be quite a 129 00:07:04,600 --> 00:07:08,480 big, quite a big sale. I would be unsurprised if they 130 00:07:08,480 --> 00:07:10,360 both bought it. Like if they want to get as much 131 00:07:10,360 --> 00:07:12,760 trading data as possible. So yeah, for them to buy it, 132 00:07:12,760 --> 00:07:14,680 that would make sense. But they also have the DNS 133 00:07:14,680 --> 00:07:18,400 attack at the same time, which is kind of like a weird, a weird 134 00:07:18,720 --> 00:07:21,360 meeting with those two pieces of news. 135 00:07:21,360 --> 00:07:25,520 And then you had BlackRock potentially asking for Athena to 136 00:07:25,520 --> 00:07:27,760 invest their their funds in the Black Rock build program. 137 00:07:27,760 --> 00:07:32,880 So some, let's say bigger corporate style news coming out 138 00:07:32,880 --> 00:07:35,800 of coming out of crypto there. But generally, I would say a 139 00:07:35,800 --> 00:07:38,080 positive, positive day. I think we'll probably continue 140 00:07:38,080 --> 00:07:40,640 to rally macro kind of did nothing yesterday. 141 00:07:40,640 --> 00:07:42,560 There was some weaker earnings from Tesla. 142 00:07:42,560 --> 00:07:45,520 Google has strong earnings, but nothing, nothing crazy. 143 00:07:45,520 --> 00:07:49,280 And then we've just had seen kind of a ramp up in in the 144 00:07:49,280 --> 00:07:54,600 Harris campaign. Let's say it looks like she's 145 00:07:55,200 --> 00:07:59,040 she's going to be, you know, enacting some policy and kind of 146 00:07:59,880 --> 00:08:02,720 definitely being set up now as 100% going to be the candidate 147 00:08:02,720 --> 00:08:05,640 against, against Trump. It's looking like it. 148 00:08:06,400 --> 00:08:09,800 It's definitely looking like it more day in day out This there's 149 00:08:09,800 --> 00:08:11,120 that. There's a lot of good stuff 150 00:08:11,120 --> 00:08:13,160 going on still, right? It's like the positive news. 151 00:08:13,160 --> 00:08:15,560 Don't just stop by like, oh, like we're getting over the 152 00:08:15,560 --> 00:08:18,080 mount GOC stuff like it's the theory TFs are live and it's 153 00:08:18,080 --> 00:08:19,320 they're actually doing pretty well. 154 00:08:20,320 --> 00:08:21,320 It's there's a lot of good stuff. 155 00:08:21,320 --> 00:08:24,640 I did not know about the Hong Kong stable coin, which I think 156 00:08:24,640 --> 00:08:26,320 is really cool. Stable coin peg to Hong Kong 157 00:08:26,320 --> 00:08:29,240 dollar unveiled Jing Dong Corn Link Technology Hong Kong 158 00:08:29,240 --> 00:08:31,720 Limited unveils its plan to issue a Hong Kong dollar stable 159 00:08:31,720 --> 00:08:34,120 corn, aiming to secure a cost effective payment solutions 160 00:08:34,120 --> 00:08:36,320 while adhering to regulatory requirements. 161 00:08:37,080 --> 00:08:38,799 It's good stuff. You'd love to see that. 162 00:08:38,919 --> 00:08:41,159 Absolutely not surprised it's coming out of Hong Kong either 163 00:08:41,159 --> 00:08:45,120 'cause it's like such a, such a, such a big crypto scene over 164 00:08:45,120 --> 00:08:48,240 there. And it's, it's, it's much more 165 00:08:48,480 --> 00:08:50,720 accepted in a way. Did we lose Tyler? 166 00:08:51,520 --> 00:08:53,320 Is Tyler frozen? I was looking and I'm like, 167 00:08:53,320 --> 00:09:02,440 wait, is is Tyler's not moving? Man, he's stoic. 168 00:09:02,560 --> 00:09:06,560 He is stoic like in there. What's the thing that that that 169 00:09:06,560 --> 00:09:08,960 that these young Youtubers are doing now like English or? 170 00:09:08,960 --> 00:09:10,080 Spanish. He's back. 171 00:09:10,840 --> 00:09:13,000 English or Spanish? English or Spanish. 172 00:09:13,400 --> 00:09:17,000 And you know what, Tim, do you know what's one of the the thing 173 00:09:17,000 --> 00:09:18,440 I'm talking about in the back there? 174 00:09:19,200 --> 00:09:21,040 English is Spanish. The 1st to move. 175 00:09:23,400 --> 00:09:25,240 These videos go viral. There you go. 176 00:09:25,480 --> 00:09:26,280 Is he. Yeah. 177 00:09:26,520 --> 00:09:29,040 To say we used to make fun of that Portuguese Wi-Fi. 178 00:09:29,040 --> 00:09:31,800 But let me tell you, in Chicago, you know I don't. 179 00:09:32,440 --> 00:09:35,440 Know what's going on? I'm just saying I spent enough 180 00:09:35,440 --> 00:09:38,360 time in Europe this year to know that it's better out here, you 181 00:09:38,360 --> 00:09:41,600 know? Oh, my God. 182 00:09:41,600 --> 00:09:45,840 I was just saying we seem to be getting a lot of a lot of a lot 183 00:09:45,840 --> 00:09:49,560 of good news, you know, in general. 184 00:09:49,560 --> 00:09:50,760 Did we have a question on screen? 185 00:09:50,760 --> 00:09:52,360 You said Sam's. I didn't. 186 00:09:52,360 --> 00:09:54,840 I think I missed it. What's this theory behind 187 00:09:54,840 --> 00:09:56,920 grayscale selling during ETF launches? 188 00:09:56,920 --> 00:09:59,360 So yeah, man, those people are curious about why is it always 189 00:09:59,360 --> 00:10:04,840 Grayscale dumping our bags. Well, it's because they have a 190 00:10:04,840 --> 00:10:08,720 higher fee. Their fee is about 10 times what 191 00:10:08,760 --> 00:10:11,880 everyone else's fees are. So they're they are their main 192 00:10:11,880 --> 00:10:14,760 fund is sitting at 2 1/2 percent fee and everyone else is at 193 00:10:14,760 --> 00:10:20,240 naughty .25% fee. You tend to see big outflows out 194 00:10:20,240 --> 00:10:24,240 of those funds and into the lower fee funds. 195 00:10:24,920 --> 00:10:29,480 So it's easier to look at things from a net basis because a lot 196 00:10:29,480 --> 00:10:33,320 of that outflow will go directly into a lower fee product. 197 00:10:35,800 --> 00:10:37,520 Well, there you go. That's a great answer. 198 00:10:37,600 --> 00:10:40,000 I think they've moved another half a billion dollars worth of 199 00:10:40,000 --> 00:10:42,920 eats this morning, by the way. I'm not sure, but I think 200 00:10:42,920 --> 00:10:44,200 there's going to be another one of those. 201 00:10:44,200 --> 00:10:46,600 And it was, I think it was Bitwise that was that looks like 202 00:10:46,600 --> 00:10:48,920 they were the biggest info. But anyways, let's go to Tyler's 203 00:10:48,920 --> 00:10:50,760 top 100, because I'm already assuming that you're going to 204 00:10:50,760 --> 00:10:52,680 bring the Ethereum ETFs and their numbers up. 205 00:11:05,240 --> 00:11:08,520 All right, So crypto majors mixed this morning as U.S. 206 00:11:08,520 --> 00:11:12,200 stocks are falling fairly hard. We've got Solana leading the 207 00:11:12,200 --> 00:11:15,160 way. I saw the 178 ETF's day one. 208 00:11:15,160 --> 00:11:19,080 They saw $107 million in inflows, absorbing nearly half a 209 00:11:19,080 --> 00:11:21,320 million in sales from great scales. 210 00:11:22,280 --> 00:11:25,400 ETH was down 1% on the day at 3460. 211 00:11:25,680 --> 00:11:30,400 In headline Solana news, Ethereum and 30 day decks volume 212 00:11:30,840 --> 00:11:34,920 for the first time ever. So that's a pretty big mark 213 00:11:34,960 --> 00:11:37,680 there. We saw $900 billion asset 214 00:11:37,680 --> 00:11:39,760 manager Hamilton Lane. They've launched a private 215 00:11:39,760 --> 00:11:42,680 credit fund on Solana, partnering with Web 3 protocol 216 00:11:42,680 --> 00:11:46,280 Libre for the issuance and distribution of funds on chains. 217 00:11:46,280 --> 00:11:49,440 That's going to be one to watch. Mando T, that's not for Kamala 218 00:11:49,440 --> 00:11:50,920 Harris. She's in talks with Bitcoin 219 00:11:50,920 --> 00:11:52,440 Nashville team to speak at the conference. 220 00:11:52,440 --> 00:11:54,800 The Kamala coins went nuts once again. 221 00:11:55,080 --> 00:12:00,040 Harris up 150% on ETH, Comma up 50% to 34. 222 00:12:00,040 --> 00:12:02,600 Million. Solana, the the number one 223 00:12:02,600 --> 00:12:08,200 market cap token MU was another big winner up to $150 million is 224 00:12:08,200 --> 00:12:13,440 now a 10 day stretch from 250 million to 750 million in 10 225 00:12:13,440 --> 00:12:16,440 days. Flipped MOG Cat coins are 226 00:12:16,440 --> 00:12:18,880 clearly hot. A lot of NFT news on the day. 227 00:12:18,880 --> 00:12:21,680 So Igloo Inc, the Pudgy Penguins parent company announced a raise 228 00:12:21,680 --> 00:12:24,200 of over $11 million to develop abstract chain. 229 00:12:24,400 --> 00:12:26,000 The funding led by Founders Fund. 230 00:12:26,000 --> 00:12:29,240 That's Peter Thiel's fund, along with One KX, Everest, Spencer's 231 00:12:29,240 --> 00:12:31,040 Group, and more. Doodles. 232 00:12:31,280 --> 00:12:33,960 Huge additional news out of Doodles that introduced Doodles. 233 00:12:33,960 --> 00:12:37,920 TVA direct to community media platform, allowing artists and 234 00:12:37,920 --> 00:12:39,480 communities to own cultural moments. 235 00:12:39,480 --> 00:12:42,920 They're going to launch their Superpass providing access to 236 00:12:42,920 --> 00:12:45,160 all those assets next week on base. 237 00:12:45,160 --> 00:12:48,080 So look out for that. We saw Garga and the other side 238 00:12:48,080 --> 00:12:51,120 team drop new teasers for Project Dragon event one that's 239 00:12:51,120 --> 00:12:54,400 taking place this Saturday. You will need a yoga ID to to to 240 00:12:54,400 --> 00:12:56,720 take part in that. So, so that's of note. 241 00:12:57,160 --> 00:12:59,200 Apecoin introduced the banana bill. 242 00:12:59,560 --> 00:13:01,760 It's a big deal. They're offering 100 million ape 243 00:13:01,760 --> 00:13:04,640 coins. That's $81 million for builders 244 00:13:04,640 --> 00:13:07,720 and those who can help fuel commercial agreements that would 245 00:13:07,720 --> 00:13:10,640 bring positive ecosystems. Look out for that. 246 00:13:10,880 --> 00:13:13,000 And then that's two pieces of breaking news this morning. 247 00:13:13,000 --> 00:13:16,840 One, Moonpay is partnered with Polymarket to enable credit card 248 00:13:16,840 --> 00:13:25,080 payments over on. That's a big one right there. 249 00:13:25,600 --> 00:13:27,400 I can't wait to get into that. I think it's a huge deal. 250 00:13:27,760 --> 00:13:30,160 And then maybe more fun news here. 251 00:13:30,160 --> 00:13:33,840 Solind has rebranded and saved. They introduced 3 new products 252 00:13:33,840 --> 00:13:38,640 including Dumpy dot fun, a rival to pumped off on but where you 253 00:13:38,640 --> 00:13:42,200 can short meme points. So a new meme corn short 254 00:13:42,600 --> 00:13:44,520 protocol. We were asking for that. 255 00:13:44,880 --> 00:13:47,680 There's a clip about that. There's a clip out there on the 256 00:13:47,680 --> 00:13:50,160 formal hour Twitter, us asking for this tool. 257 00:13:50,440 --> 00:13:52,760 So we're going to we're going to need to play listen. 258 00:13:53,200 --> 00:13:55,200 And like expected, this is the big top 100. 259 00:13:57,000 --> 00:13:58,640 You really went for it. Let's talk about Bitcoin 260 00:13:58,640 --> 00:14:00,400 Nashville first because that's like around the corner. 261 00:14:00,600 --> 00:14:02,600 I mean, how excited are you? I really wish I was going now. 262 00:14:02,680 --> 00:14:04,440 It sounds like it's going to be a blast. 263 00:14:04,560 --> 00:14:06,280 You know why? Because the start of the moment, 264 00:14:06,280 --> 00:14:08,160 the Hawk tour girl is making an appearance. 265 00:14:08,400 --> 00:14:12,040 Forget RFK, forget Trump, forget the potential having Kamala 266 00:14:12,040 --> 00:14:15,960 Harris, forget Russell Brent. I mean, I saw that she was going 267 00:14:15,960 --> 00:14:17,680 to Karate Combat. You guys check this out. 268 00:14:17,720 --> 00:14:22,120 I mean, that's the big news now. I'm just kidding. 269 00:14:22,400 --> 00:14:27,240 Tomorrow night. So we have. 270 00:14:27,280 --> 00:14:31,760 News is everyone, everyone in the Bitcoin ecosystem is selling 271 00:14:31,760 --> 00:14:34,560 off their their ordinals and rooms to afford the trip to 272 00:14:34,560 --> 00:14:36,800 Nashville. It it seems like everything is 273 00:14:37,160 --> 00:14:39,640 dumping hard ahead of the conference. 274 00:14:39,640 --> 00:14:43,960 So, so not the the best momentum if you take a look at prices 275 00:14:43,960 --> 00:14:45,400 over there. But yeah, it's going to be a big 276 00:14:45,400 --> 00:14:47,360 event. It seems like more and more 277 00:14:47,360 --> 00:14:49,920 folks are going so stoked for some events. 278 00:14:49,920 --> 00:14:51,360 And I mean, the speakers are big in this one. 279 00:14:51,360 --> 00:14:53,120 I mean, a lot of times the speakers are kind of like an 280 00:14:53,120 --> 00:14:56,760 afterthought, but my God, that's the line up. 281 00:14:56,840 --> 00:14:59,880 Here, let's go look at this line up real quick. 282 00:15:00,560 --> 00:15:02,920 We have oh, you know who I would like to actually meet in person 283 00:15:02,920 --> 00:15:03,640 with? Kathy Wood. 284 00:15:04,640 --> 00:15:07,600 She's speaking there. She's hella cool. 285 00:15:08,280 --> 00:15:09,680 We like Kathy Wood. We stand. 286 00:15:09,880 --> 00:15:12,760 We definitely stand Kathy Wood. Let's check it out. 287 00:15:12,760 --> 00:15:15,200 I mean witness history. Wow look at this. 288 00:15:15,720 --> 00:15:18,600 Look at this picture right there Look at this picture. 289 00:15:19,320 --> 00:15:22,840 I mean dude, look at this. Would you ever believe is when 290 00:15:22,840 --> 00:15:25,360 they go on the Bitcoin Magazine website for the conference and 291 00:15:25,360 --> 00:15:28,520 this is the list of top speakers, Donald Trump, RFK, 292 00:15:29,120 --> 00:15:31,720 Michael Saylor, Kathy Wood, Russell Brand and Edward 293 00:15:31,720 --> 00:15:33,600 Snowden? I mean, talk about a pack of 294 00:15:33,600 --> 00:15:35,280 people. That's interesting. 295 00:15:35,280 --> 00:15:37,920 Which one of them are you the most excited to see in person, 296 00:15:37,920 --> 00:15:41,760 Tyler? I mean, I've never seen Trump 297 00:15:41,760 --> 00:15:44,400 speak in person. I mean, that that's a big one to 298 00:15:44,400 --> 00:15:48,600 to see. So Saylor, I think would also be 299 00:15:48,760 --> 00:15:50,280 interesting to say. I mean, feel like you know what 300 00:15:50,280 --> 00:15:53,040 he's going to say. And then Casey rolled him more 301 00:15:53,040 --> 00:15:54,880 for from like more of a technical perspective, I think, 302 00:15:54,880 --> 00:15:58,120 but is actually going to give a pretty interesting talk and he's 303 00:15:58,120 --> 00:16:01,680 not even in because of this laundry list of folks they've 304 00:16:01,680 --> 00:16:03,040 got. Look at that. 305 00:16:03,320 --> 00:16:04,960 I think Vivek is a good speaker, right? 306 00:16:05,800 --> 00:16:09,880 Yeah, Yeah, for sure. Speaker team. 307 00:16:09,880 --> 00:16:11,200 Let's see. I mean, Mando, if you have to 308 00:16:11,200 --> 00:16:15,400 pick between one of these fantastic seven, which one would 309 00:16:15,480 --> 00:16:17,480 be your favorite headliner to go listen to? 310 00:16:19,920 --> 00:16:22,040 I think they're all, they're all good public speakers. 311 00:16:22,080 --> 00:16:24,080 I don't, I don't even know. I like, I like Vivac. 312 00:16:24,080 --> 00:16:29,080 I think he speaks well. I like who is the guy just above 313 00:16:29,080 --> 00:16:30,040 Kathy Wood? I'd like to hear. 314 00:16:30,040 --> 00:16:31,200 I'd like to hear what she has to. 315 00:16:31,840 --> 00:16:33,960 Say damn, Kathy Wood I like because she always has the 316 00:16:34,040 --> 00:16:37,440 craziest price targets for us. She makes the best headlines. 317 00:16:37,440 --> 00:16:41,880 Like Kathy Wood Arc Invest is putting is putting the chance of 318 00:16:41,880 --> 00:16:46,120 like Bitcoin $2.3 million. Like fuck yeah, you know, that's 319 00:16:46,280 --> 00:16:49,040 that's my, you know, that's my, that's my girl. 320 00:16:49,360 --> 00:16:51,120 Anyways, look, we got all this. But it's interesting. 321 00:16:51,120 --> 00:16:52,600 I see Edward Stone is actually a great speaker. 322 00:16:52,680 --> 00:16:55,000 I heard him account the crypt actually two years ago they had 323 00:16:55,000 --> 00:16:57,880 him speaking there via VPN and like the whole video thing, like 324 00:16:57,880 --> 00:16:59,640 he was in the hidden room, which is crazy. 325 00:17:00,400 --> 00:17:05,119 Actually, Senator Cynthia Loomis has been very like pro crypto, 326 00:17:05,119 --> 00:17:08,920 like leading the charge here on the Bills and everything. 327 00:17:09,359 --> 00:17:11,000 So it's a Casey Romo you're going to love. 328 00:17:11,319 --> 00:17:13,480 By the way, I saw him in Bitcoin in Asia. 329 00:17:13,760 --> 00:17:17,160 So I think you're really going to like that one great speaker. 330 00:17:17,160 --> 00:17:19,040 I mean, father of the ordinals, right? 331 00:17:19,680 --> 00:17:21,280 Who else is speaking that? Interesting. 332 00:17:22,400 --> 00:17:24,839 This is quite a. Wow, that's a lot. 333 00:17:25,359 --> 00:17:27,560 Shut. There's quite a there's quite a 334 00:17:27,560 --> 00:17:30,280 selection of speakers. Jesus. 335 00:17:30,800 --> 00:17:33,760 Oh, it keeps going and it keeps on going. 336 00:17:33,760 --> 00:17:34,960 The difference? Between it's like just the 337 00:17:34,960 --> 00:17:37,240 standard conference. Yeah, yeah. 338 00:17:37,440 --> 00:17:40,240 The difference between Bitcoin conference and an NFT conference 339 00:17:40,240 --> 00:17:45,480 is that all the PFPS he got, you know, you got to respect David 340 00:17:45,480 --> 00:17:48,320 Bailey for putting himself all the way down here, you know, you 341 00:17:48,320 --> 00:17:50,440 know, because, you know, given he's the founder of the whole 342 00:17:50,440 --> 00:17:52,960 thing. But you know, so I, I respect 343 00:17:52,960 --> 00:17:54,200 that. You know, he could, he could 344 00:17:54,200 --> 00:17:56,360 have put put himself like the trump, but he didn't. 345 00:17:56,480 --> 00:17:58,760 So you got, you got, you got to respect that. 346 00:17:58,760 --> 00:18:02,160 But I'm excited to see, I mean, I guess on Monday or something, 347 00:18:02,160 --> 00:18:04,880 we'll get a TLDR from you. So I'm excited to see all the 348 00:18:04,880 --> 00:18:08,040 content from out of it. And then the wild card's Elon, I 349 00:18:08,040 --> 00:18:09,680 guess, he, Polly Marcus tells Elon. 350 00:18:11,160 --> 00:18:14,000 Just speak. It feels high to me but. 351 00:18:14,160 --> 00:18:16,200 He does actually prediction. Mark it on his screen. 352 00:18:17,080 --> 00:18:19,720 Yeah, interesting. Where is it? 353 00:18:19,720 --> 00:18:22,720 Bitcoin is it I'm. Looking just search Elon. 354 00:18:23,720 --> 00:18:28,080 Elon, will Elon give a speech? There it is. 355 00:18:28,080 --> 00:18:31,920 Let's see. It's at 21% right now. 356 00:18:33,000 --> 00:18:36,480 Still a lot. Yeah, I bet no on this. 357 00:18:36,480 --> 00:18:39,800 Yeah, I think he's gonna be speaking. 358 00:18:40,600 --> 00:18:43,520 Yeah, doesn't look like she's. Just PFP back that that was the 359 00:18:43,560 --> 00:18:45,480 signal. That was during the show 360 00:18:45,480 --> 00:18:46,800 yesterday. Did that that. 361 00:18:46,960 --> 00:18:49,680 Wait, can we check in on D MAGA real quick? 362 00:18:51,440 --> 00:18:53,720 I think it rebounded, but yeah, let's check it. 363 00:18:54,480 --> 00:18:57,400 Oh shit, oh I left the chat because I didn't know I did. 364 00:18:58,040 --> 00:19:00,200 I didn't want to get like murdered for sharing it 365 00:19:00,200 --> 00:19:02,680 yesterday, so I just left the chat as soon as we were done the 366 00:19:02,680 --> 00:19:05,240 show. I can't load D Screener D screen 367 00:19:05,240 --> 00:19:07,360 right now. Hold on, let me try D screen. 368 00:19:07,360 --> 00:19:09,320 Let's see, let's see. That was the funniest moment 369 00:19:09,600 --> 00:19:11,120 ever on the show. That was funny. 370 00:19:11,560 --> 00:19:13,520 You mentioned like the folks in the Telegram rallying, like 371 00:19:13,520 --> 00:19:16,000 there was a a period of time on Twitter where like some big 372 00:19:16,000 --> 00:19:18,040 accounts were like trying to rally behind D bag. 373 00:19:18,040 --> 00:19:20,400 I'm like, yeah, Jeet's out. Now is the time to. 374 00:19:22,760 --> 00:19:27,880 Bullish 95% retrace bro. Bullish 95% retrace. 375 00:19:27,880 --> 00:19:30,280 Speaking of coins, retrace and all that mute. 376 00:19:30,680 --> 00:19:33,560 Where's your check? Where's our check? 377 00:19:34,120 --> 00:19:37,760 Hanging the kebab, hanging the cabal. 378 00:19:37,760 --> 00:19:40,720 If you're listening to this, if you want to give us a quarter, 379 00:19:40,720 --> 00:19:44,800 $1,000,000 to be sponsored by me, you're just going to ask. 380 00:19:46,400 --> 00:19:47,560 You're just going to ask, did you see that? 381 00:19:47,560 --> 00:19:48,560 Did you guys see that on the timing? 382 00:19:48,560 --> 00:19:49,880 And Tyler, did you see that part? 383 00:19:49,880 --> 00:19:53,120 Because I saw the pump, of course, which in retrospect, 384 00:19:53,120 --> 00:19:55,000 they should have held my mute. There was a moment where I had a 385 00:19:55,520 --> 00:19:59,920 fat bag of that thing. Shit, a quick swing trade, but 386 00:19:59,920 --> 00:20:02,320 yeah, did you see that? So I've seen it more on my 387 00:20:02,320 --> 00:20:04,080 timeline too. So I saw the chatter about the 388 00:20:04,080 --> 00:20:09,080 Kols and I, I had kind of seen more of MEW just more 389 00:20:09,160 --> 00:20:11,960 organically, organically in quotes now, of course, because 390 00:20:11,960 --> 00:20:13,520 of the payments. But like whatever they're doing, 391 00:20:13,520 --> 00:20:18,480 I mean, it's working 10 days. It was it was like 265,000,010 392 00:20:18,480 --> 00:20:22,600 days ago. And now at all time high it it 393 00:20:22,600 --> 00:20:26,880 flipped MOG and it's knocking on the door of Popcat. 394 00:20:28,280 --> 00:20:30,280 And I was thinking about this this morning. 395 00:20:30,280 --> 00:20:33,080 I mean, Solana, so Pepe is #1 meme coin, right? 396 00:20:33,080 --> 00:20:36,760 Well put, like the ocean sheet beside so Pepe is at 5.4 397 00:20:36,760 --> 00:20:39,800 billion. Solana's got the next 4 now. 398 00:20:39,800 --> 00:20:47,280 So with Bonk, Pop Cat and now MU before you get to mog the next 399 00:20:47,280 --> 00:20:49,880 one up on on. Each mog is back above you now. 400 00:20:51,000 --> 00:20:54,320 But yeah, it's like they're like 6. 190 million when I checked. 401 00:20:54,680 --> 00:20:56,760 So they're they're just going to keep flipping each other. 402 00:20:57,480 --> 00:20:59,120 Yeah, they're just I think they're going to go band for 403 00:20:59,120 --> 00:21:03,840 band pop cat Mew and MOG at this stage get that's kind of that's 404 00:21:03,840 --> 00:21:09,920 kind of that's kind of what it's it's it's been like, but Pepe yo 405 00:21:09,920 --> 00:21:15,120 Pepe had a good bounce boys pretty decent pump 5.4 billion. 406 00:21:16,320 --> 00:21:19,160 Nice. How about some around 495? 407 00:21:19,160 --> 00:21:21,720 Feels like whenever WIF gets more than 50%, yeah. 408 00:21:24,080 --> 00:21:26,240 I mean, whiff is not bad. You're looking at 263. 409 00:21:26,360 --> 00:21:28,080 It's it's up. I mean, Solana, I mean, let's 410 00:21:28,080 --> 00:21:29,360 talk about this for a second like this. 411 00:21:29,800 --> 00:21:32,240 Solana is performing like crazy right now, boys. 412 00:21:33,560 --> 00:21:36,800 It's wild. This motherfucker don't miss. 413 00:21:36,800 --> 00:21:39,400 Man, this thing is going so much higher. 414 00:21:39,520 --> 00:21:41,840 There was a good, there was a good chart which a lot of Sol 415 00:21:41,840 --> 00:21:49,120 Maxis were sharing today, which which was yeah, that, but there 416 00:21:49,120 --> 00:21:52,640 was one just about the topic that we spoke about yesterday. 417 00:21:53,640 --> 00:21:58,560 I'll, I'll send it in the chat, but just like hearing the it's 418 00:21:58,640 --> 00:22:02,800 about the metrics of Solana versus ether right now and I 419 00:22:02,800 --> 00:22:04,400 will send it to you. Just give me a second. 420 00:22:04,400 --> 00:22:05,760 It was on Mando minutes, but look. 421 00:22:06,640 --> 00:22:10,520 At that, this is something this is quite. 422 00:22:12,440 --> 00:22:14,200 The metrics are insane for the moment. 423 00:22:14,640 --> 00:22:17,920 This is why I like I'm not a big believer in like, Oh yeah, like 424 00:22:17,920 --> 00:22:19,600 fade it because it's become consensus. 425 00:22:19,600 --> 00:22:24,120 Like this thing is really, really performing well in terms 426 00:22:24,120 --> 00:22:27,240 of metrics. So I don't know, I think I think 427 00:22:27,240 --> 00:22:31,640 they're thinking can keep going. Like I think Solana before this 428 00:22:31,640 --> 00:22:34,160 cycle started, I thought the easiest two trades were ordinals 429 00:22:34,160 --> 00:22:38,480 and Solana and ordinals is kind of, you know, I still think is 430 00:22:38,680 --> 00:22:41,360 it's had some steam come out of it because of runes. 431 00:22:41,800 --> 00:22:44,640 But I do think ordinals are here to stay for the medium term and 432 00:22:44,640 --> 00:22:46,920 I think people will return to being bullish on them. 433 00:22:47,400 --> 00:22:52,040 But Salana just seems like such an obvious, I look at that go 434 00:22:52,080 --> 00:22:53,360 through all the four of them, right, like. 435 00:22:53,960 --> 00:22:58,360 Oh wow. Whoa, OK, that is some. 436 00:22:58,360 --> 00:23:01,080 It's it's on par with with a theorem on all everything, 437 00:23:01,960 --> 00:23:04,200 right. Market share it's on par 30 438 00:23:04,200 --> 00:23:08,000 index volumes on par 30 index, it's on par in everything, 439 00:23:08,400 --> 00:23:10,120 absolutely every metric. Wow. 440 00:23:12,120 --> 00:23:14,760 I think the main one would be totally, totally economic value 441 00:23:14,760 --> 00:23:18,400 as well, which is it's not quite reached it, but it's getting 442 00:23:18,400 --> 00:23:21,200 close. Yeah, that is definitely 443 00:23:21,720 --> 00:23:23,680 impressive. Well, Ferrari's not accepting 444 00:23:23,680 --> 00:23:25,360 Solana yet. They announced they're accepting 445 00:23:25,360 --> 00:23:26,560 Bitcoin, Ethereum. So. 446 00:23:26,760 --> 00:23:29,000 So that's the metric that you're getting beat on. 447 00:23:29,080 --> 00:23:30,960 But that's good because that means that we're not going to be 448 00:23:30,960 --> 00:23:32,680 dumping our Solana for Ferraris yet. 449 00:23:32,920 --> 00:23:36,000 We're going to wait for that right $1000 coin, Tyler, 450 00:23:36,080 --> 00:23:38,920 Speaking of Theorem two, big three, big news on the NFT side 451 00:23:38,920 --> 00:23:42,800 again and again, the same folks of of the last few weeks. 452 00:23:42,800 --> 00:23:45,200 I mean, talk to me, talk me abstract doodles, not that good 453 00:23:45,200 --> 00:23:47,000 stuff. I mean, love the abstract news. 454 00:23:47,000 --> 00:23:48,680 Let's dive into that. Yeah. 455 00:23:48,680 --> 00:23:50,920 So yesterday Igloo Inc, which is the Pudgy Penguins parent 456 00:23:50,920 --> 00:23:53,960 company, they announced a raise over $11 million to develop 457 00:23:54,000 --> 00:23:56,560 abstract chain. The funding was led by a 458 00:23:56,600 --> 00:23:59,280 founders fund, which is Peter Thiel's fund along with one KX 459 00:23:59,280 --> 00:24:01,760 and a few others. So they plan to use the funds to 460 00:24:01,760 --> 00:24:05,200 build out Cube Labs, which is the new group that will oversee 461 00:24:05,440 --> 00:24:08,920 the development of abstract. It raises the question of what 462 00:24:08,920 --> 00:24:10,440 is abstract. And yesterday we got the 463 00:24:10,440 --> 00:24:13,280 introduction. Luca and team took the 464 00:24:13,280 --> 00:24:16,040 opportunity to introduce through the world yesterday In quick 465 00:24:16,040 --> 00:24:17,960 summary, what is it? It's going to be the new 466 00:24:17,960 --> 00:24:23,040 blockchain crypto using their words behind pudgy Penguins, 467 00:24:23,040 --> 00:24:27,440 Ethereum from Kubernetes, who are driving, driving this. 468 00:24:27,800 --> 00:24:31,640 They plan to win consumer crypto via culture and community along 469 00:24:32,400 --> 00:24:35,320 brand and builder support. And they're saying builders will 470 00:24:35,320 --> 00:24:37,480 be incentivized via marketing support, connections to 471 00:24:37,480 --> 00:24:40,800 partners, tech assistance, proven mass distribution and 472 00:24:40,880 --> 00:24:43,440 other incentives. This is going to be using ZK 473 00:24:43,440 --> 00:24:47,120 sync tech stack and Eigen to provide cheap, fast and secure 474 00:24:47,120 --> 00:24:49,600 transactions. And they are launching an 475 00:24:49,600 --> 00:24:53,120 incubator, the Abstract Builder that is coming soon for 476 00:24:53,120 --> 00:24:56,720 interested builders. So that was a nice introduction. 477 00:24:56,720 --> 00:24:59,240 I think now we're just kind of waiting to see like what are 478 00:24:59,240 --> 00:25:02,400 going to be the the first apps to launch here on abstract and 479 00:25:02,400 --> 00:25:04,560 folks are itching to get involved. 480 00:25:04,560 --> 00:25:08,200 We saw CBB, you know, notable blur and Blast farmer. 481 00:25:08,320 --> 00:25:10,600 He he announced this morning he's out. 482 00:25:11,000 --> 00:25:12,680 He bridged all his money out of Blast. 483 00:25:12,920 --> 00:25:15,040 He took a haircut on the tokens he was going to receive. 484 00:25:16,000 --> 00:25:17,960 And he's like, OK, I'm looking for my next one. 485 00:25:18,960 --> 00:25:21,720 And I think a lot more in that camp right now. 486 00:25:21,720 --> 00:25:24,040 So if abstract apps start launching, I think there's going 487 00:25:24,040 --> 00:25:26,080 to be demand. Yeah. 488 00:25:26,080 --> 00:25:28,320 What are your thoughts on that man though on the abstract news 489 00:25:28,320 --> 00:25:32,440 yesterday? I don't really have a a strong 490 00:25:32,520 --> 00:25:37,760 view on it. I think yeah, I don't. 491 00:25:37,760 --> 00:25:38,760 I don't have a strong view on it. 492 00:25:38,760 --> 00:25:43,320 Basically I think, I think it's yeah, it's good for them. 493 00:25:43,480 --> 00:25:46,240 I didn't really want to do anything on the back of it. 494 00:25:46,840 --> 00:25:48,840 Yeah, we'll see. Well, I mean, we'll see, right. 495 00:25:48,840 --> 00:25:50,240 We'll see how they they managed to do it. 496 00:25:50,240 --> 00:25:53,200 If the if the IT, it seems like it's a direct competitor to what 497 00:25:53,200 --> 00:25:55,480 we just saw with Blast, right. But I think that, you know, 498 00:25:55,480 --> 00:25:58,280 they're they're going to seemingly help founders more 499 00:25:58,400 --> 00:26:00,440 projects. So I'm curious too to see Tyler 500 00:26:00,440 --> 00:26:03,040 like what the first projects are going to be on it, right. 501 00:26:03,040 --> 00:26:04,280 It's hard to have an opinion on it now. 502 00:26:04,280 --> 00:26:08,360 It's like, OK, right. But one thing we know is Luca 503 00:26:08,520 --> 00:26:12,160 Luca's been cooking. So, so we'll see, we'll see who 504 00:26:12,160 --> 00:26:15,600 who migrates there first. Do we think some Blast apps are 505 00:26:15,600 --> 00:26:18,800 going to leave Blast for abstracting on that? 506 00:26:19,200 --> 00:26:23,560 No, if blast apps will migrate, but I will say this like it's 507 00:26:23,560 --> 00:26:24,960 it's a good time to be a builder, right? 508 00:26:24,960 --> 00:26:27,560 Like the the competition for builders feels like it's as high 509 00:26:27,560 --> 00:26:30,520 as it's been. So you've got Ape Chain now 510 00:26:30,520 --> 00:26:34,320 offering $80 million in incentives for developers to, to 511 00:26:34,320 --> 00:26:38,400 come build on Ape Chain. You know, Blast has still got 512 00:26:38,400 --> 00:26:40,480 all the season 2 rewards and everything they're doing. 513 00:26:40,480 --> 00:26:43,160 And now abstract, you know, we don't know the details, but they 514 00:26:43,160 --> 00:26:46,320 already out, you know, alluded to how they're incentivizing 515 00:26:46,320 --> 00:26:49,680 builders and that that goes along with all the grants that 516 00:26:49,680 --> 00:26:53,200 we know are from L2's like Garbatrone and, and, and base 517 00:26:53,200 --> 00:26:56,760 and more. So it feels like there's there's 518 00:26:56,760 --> 00:26:58,320 a lot of options for the most builders. 519 00:26:59,640 --> 00:27:01,760 Is anything net positive happening on the back of this? 520 00:27:01,760 --> 00:27:04,600 So like this proliferation of that we're going to see of L 521 00:27:04,600 --> 00:27:10,400 twos, Like is it, are we just like doing it so we have a new 522 00:27:10,400 --> 00:27:14,920 token or like is actually anything we, if we doesn't have 523 00:27:14,960 --> 00:27:18,280 100 L twos, which all say, hey, we have a DEX on our, on our L2, 524 00:27:18,280 --> 00:27:20,800 we're going to have we're going to have some form of IP play. 525 00:27:20,800 --> 00:27:24,960 Like is anything net actually being done here or is it just a 526 00:27:24,960 --> 00:27:31,280 way for everyone to raise money? Well, it's not net until there's 527 00:27:31,280 --> 00:27:34,680 a successful app. I guess that like it's not net 528 00:27:34,680 --> 00:27:37,120 negative either. I think like it's not then it's 529 00:27:37,200 --> 00:27:39,400 it's it's tough to see net positive until there's a 530 00:27:39,400 --> 00:27:42,480 successful app that's built on top of it like like a Poly 531 00:27:42,480 --> 00:27:47,760 market is net positive. So if the next app comes out of 532 00:27:47,760 --> 00:27:51,080 something like that. But what you just said is the 533 00:27:51,080 --> 00:27:53,200 prime is the prime example of what I'm talking about. 534 00:27:53,200 --> 00:27:56,720 Like all blast apps going to move over to abstract. 535 00:27:56,720 --> 00:27:59,760 Like it just feels as though when abstract's done, we're just 536 00:27:59,760 --> 00:28:02,120 going to have another L2, right? And we're just going to have 537 00:28:02,120 --> 00:28:05,360 another L2 and another L2. And I, we're just going to 538 00:28:05,360 --> 00:28:10,360 create the same thing each time. And I just, I don't know. 539 00:28:10,360 --> 00:28:13,360 But like this is part of what the issue I have with the L2 540 00:28:14,680 --> 00:28:17,480 infrastructure is that we spin up a new one and everyone gets 541 00:28:17,720 --> 00:28:21,320 bullish around it, but nothing really productive gets done. 542 00:28:21,480 --> 00:28:24,000 Like it's just like another way for everyone to raise capital 543 00:28:24,000 --> 00:28:27,000 and, and gamble on and then we're going to raise another L2. 544 00:28:27,000 --> 00:28:30,080 So that's, that was my take on it. 545 00:28:30,080 --> 00:28:32,200 It was like I. Think it's fair criticism like, 546 00:28:32,600 --> 00:28:34,880 but that's not even you're not even saying of abstracts of the 547 00:28:34,880 --> 00:28:39,120 space in general, but I think that's something about crypto in 548 00:28:39,120 --> 00:28:40,200 general. Like you're making a point 549 00:28:40,200 --> 00:28:42,000 that's like, I mean, Tyler, what are your thoughts on that? 550 00:28:43,720 --> 00:28:46,240 Yeah, I think it's hard to argue with, with Mandos, with what 551 00:28:46,240 --> 00:28:48,880 we've seen, you know, in the last few years where I think the 552 00:28:48,880 --> 00:28:51,240 common argument is we've got enough infrastructure. 553 00:28:51,240 --> 00:28:53,880 We we need more apps. We've got, I mean, the 554 00:28:53,880 --> 00:28:55,160 incentives are at least out there. 555 00:28:55,160 --> 00:28:57,920 So I mean, folks are trying to put money where their mouth is 556 00:28:57,920 --> 00:29:00,960 to solve that problem, right. Like it, it is a good 557 00:29:00,960 --> 00:29:04,360 environment, you know, to, to, to be launching consumer crypto 558 00:29:04,360 --> 00:29:05,640 apps like you can get money to do it. 559 00:29:05,640 --> 00:29:08,320 At least that that's my read on what the, what these teams are 560 00:29:08,320 --> 00:29:12,160 offering up and like Blast, you know, we, we thought Blast was 561 00:29:12,160 --> 00:29:14,520 going to pay teams and they kind of just they pulled the gold 562 00:29:14,520 --> 00:29:16,560 back and they basically just traded them users. 563 00:29:17,400 --> 00:29:20,920 So I'm curious, you know, if the abstract experience will will be 564 00:29:20,920 --> 00:29:22,880 different. I think they offer a bit of a, a 565 00:29:22,880 --> 00:29:28,520 different, you know, package to to builders and then 8.2. 566 00:29:29,120 --> 00:29:32,320 I guess just wait and see. Like, like we, we need that the 567 00:29:32,520 --> 00:29:35,240 yeah, we said that the proof is in the pudding if apps get built 568 00:29:35,240 --> 00:29:39,240 or not. And yeah, blast teams migrating. 569 00:29:39,240 --> 00:29:40,760 That's that's a bad outcome for sure. 570 00:29:41,960 --> 00:29:44,000 Blast did the best job of this I've seen. 571 00:29:44,000 --> 00:29:48,120 Have any L2 literally have any L2 to actually try and create 572 00:29:48,120 --> 00:29:49,640 new apps? Right. 573 00:29:49,640 --> 00:29:54,000 OK, yes, they were all the the incentive structure made them to 574 00:29:54,000 --> 00:29:56,720 Ponzi like, or at least the successful ones to Ponzi like 575 00:29:56,720 --> 00:29:58,760 because everyone was just really after the blast gold or whatever 576 00:29:58,760 --> 00:30:04,120 the hell. But I just wonder if, if the way 577 00:30:04,120 --> 00:30:07,520 the L2's spin up right is, is this exact thing like we're 578 00:30:07,520 --> 00:30:10,120 going to spend some money for you to come onto our chain and 579 00:30:10,120 --> 00:30:11,960 create something. And, and the short term 580 00:30:11,960 --> 00:30:14,360 incentives that often lead to these sort of Ponzi like 581 00:30:14,840 --> 00:30:17,840 outcomes. Or we just, we just, or just an 582 00:30:17,840 --> 00:30:20,120 existing app just says, Hey, we're going to launch on your 583 00:30:20,120 --> 00:30:23,520 site like Uniswap or, or are they decide, hey, we're going to 584 00:30:23,520 --> 00:30:25,960 launch on your thing. But nothing really is really 585 00:30:25,960 --> 00:30:30,800 being created here apart from a vehicle to raise from VCs with 586 00:30:30,840 --> 00:30:34,240 VCs get to dump on and we just we've net, net we've just like 587 00:30:34,280 --> 00:30:36,800 we're just farming like I don't know. 588 00:30:37,480 --> 00:30:40,200 I, I think, I think, I think it's impossible to argue against 589 00:30:40,200 --> 00:30:42,160 what you're saying with the current set of crypto. 590 00:30:42,480 --> 00:30:45,480 Like I don't, I think anyone like can argue against what 591 00:30:45,480 --> 00:30:47,640 you're saying. I do agree with the department 592 00:30:47,640 --> 00:30:50,360 here from some of us Quarto look at base, they're scaling 593 00:30:50,360 --> 00:30:52,600 transactions super fast. They're advancing in wallet UX 594 00:30:52,640 --> 00:30:54,160 ARB is home to amazing D5 projects. 595 00:30:54,240 --> 00:30:56,600 I agree with that. They may not be home to like 596 00:30:56,880 --> 00:31:00,240 protocols like the polymarkets of this world yet, but there is 597 00:31:00,240 --> 00:31:02,800 some really cool stuff being built in terms from D5 598 00:31:02,800 --> 00:31:04,920 perspective. Arbitrum and base is doing some 599 00:31:04,920 --> 00:31:08,120 cool stuff, but maybe it's not mass market appeal just yet, but 600 00:31:09,280 --> 00:31:11,760 but is more out tools like kind of taking, I don't know. 601 00:31:11,760 --> 00:31:14,680 We'll see, we'll, we'll, we'll see where the we'll see where 602 00:31:14,680 --> 00:31:16,960 the where that was. I mean, hey, Polymarket is built 603 00:31:16,960 --> 00:31:18,960 on Polygon. We don't talk about that, but 604 00:31:18,960 --> 00:31:24,040 you know, it's, it's, it's, it's, it's definitely a good 605 00:31:24,040 --> 00:31:25,640 thought and something that people like. 606 00:31:25,640 --> 00:31:27,480 You're right, like the the person said that none of the 607 00:31:27,480 --> 00:31:29,000 day. We don't need, we have to shift 608 00:31:29,000 --> 00:31:30,880 the attention from building more crypto rails to building more 609 00:31:30,880 --> 00:31:33,000 consumer apps on the altars that we currently have. 610 00:31:33,000 --> 00:31:34,440 So we'll see. And hopefully the abstract's 611 00:31:34,440 --> 00:31:37,400 going to be the home to that. Speaking of NFTS, ETH and all 612 00:31:37,400 --> 00:31:39,360 that good stuff, Tyler, there was also Doodles TV. 613 00:31:39,360 --> 00:31:41,320 So what's that? Now that sounded good. 614 00:31:41,360 --> 00:31:43,800 Maybe this is maybe this is the killer app, right? 615 00:31:44,040 --> 00:31:46,280 I mean, they've got a shot. So they say Doodles introduced 616 00:31:46,280 --> 00:31:49,680 Doodles TV. It's advertised as a next Gen. 617 00:31:49,680 --> 00:31:53,200 direct direct community media platform that bridges the gap 618 00:31:53,200 --> 00:31:55,440 between artists and community. So what? 619 00:31:55,440 --> 00:31:58,200 What does that mean? So it is a token gated platform. 620 00:31:58,280 --> 00:32:02,800 It's going to give fans exclusive access to premieres of 621 00:32:02,800 --> 00:32:07,000 music, films, digital artwork that commemorate each of the 622 00:32:07,000 --> 00:32:09,760 moments in this kind of upcoming doodles road map. 623 00:32:09,760 --> 00:32:12,960 You can expect utility like being the first able to see 624 00:32:12,960 --> 00:32:16,600 world premieres of films, the ability to chat with community 625 00:32:16,600 --> 00:32:20,680 and artists, unlimited access to content, and then two, to make 626 00:32:20,680 --> 00:32:24,600 this happen, they are launching the Superpass on base next week. 627 00:32:24,600 --> 00:32:27,440 So that will be the pass that unlocks early access to all 628 00:32:27,440 --> 00:32:30,360 their events, including the Dualsville and the Doodles verse 629 00:32:30,480 --> 00:32:35,480 premiere, access to music videos on chain, artwork tied to 630 00:32:35,480 --> 00:32:39,240 albums, and a whole lot more. And to access any of these 631 00:32:39,240 --> 00:32:41,640 premieres or events, so one is going to have to have either a 632 00:32:41,640 --> 00:32:46,960 superpass, a single event pass or a Doodles OG NFT. 633 00:32:47,400 --> 00:32:50,640 So right there the, the NFT holders do have some utility 634 00:32:51,120 --> 00:32:55,200 coming from all this. It's a cool model, right? 635 00:32:55,200 --> 00:32:59,520 I think it's, if the content is, is as good as we think it is. 636 00:33:00,720 --> 00:33:03,360 I mean, I, I think they're, they're doing everything to, to 637 00:33:03,360 --> 00:33:05,480 use web three to, to push this forward. 638 00:33:05,520 --> 00:33:07,320 And not many other teams are doing it like they are. 639 00:33:10,360 --> 00:33:13,520 Julian's like you said, you said it, but Julian like and you 640 00:33:13,520 --> 00:33:16,440 know, just just, I think they're coming on, He's coming on on 641 00:33:16,880 --> 00:33:19,920 Monday, Monday, there you go, he's coming on Monday. 642 00:33:19,920 --> 00:33:23,160 So you guys will be here to to hear from Julian Hogan himself, 643 00:33:23,160 --> 00:33:25,240 CEO of doodles. So I like it, man. 644 00:33:25,400 --> 00:33:28,560 I I I like, I like, I like that they're that they're they're 645 00:33:28,560 --> 00:33:33,000 trying, you know, and that and that they're, they're they keep 646 00:33:33,040 --> 00:33:35,800 on building, you know, because it's tough that the NFT on the 647 00:33:35,800 --> 00:33:38,360 NFT side after mega raised all criticism and this and that that 648 00:33:38,360 --> 00:33:40,240 in a few moments. And then, you know, seems like 649 00:33:40,240 --> 00:33:42,640 Julian is fucking spare heading. He's a good CEO, man, he's a 650 00:33:42,640 --> 00:33:44,480 good CEO. We gotta give him his his 651 00:33:44,480 --> 00:33:50,200 flowers there for sure. He's definitely moving the the 652 00:33:50,640 --> 00:33:53,120 the needle for it. And yeah, someone also just 653 00:33:53,120 --> 00:33:55,520 commented Sanko TV on the orb is killing it actually. 654 00:33:55,520 --> 00:33:56,960 And it's true. They've built some really, 655 00:33:56,960 --> 00:33:59,320 really cool OP. I'm actually a personal fan of 656 00:33:59,320 --> 00:34:00,360 that. You guys have probably heard of 657 00:34:00,360 --> 00:34:03,360 like the DMT token on there, but it's, it's actually pretty cool. 658 00:34:03,360 --> 00:34:05,880 So we're we're getting there. I think there's a World War like 659 00:34:05,880 --> 00:34:07,400 what Mando, you said there's finally going to be 660 00:34:07,400 --> 00:34:09,880 counterpoints to it, but it's going to take 612 months still. 661 00:34:09,880 --> 00:34:13,159 I think hopefully less, hopefully not hopefully in the 662 00:34:13,280 --> 00:34:16,199 in the year we'll be able to look back at this like, no, now 663 00:34:16,199 --> 00:34:22,520 we have this, this and that and it's and it's and it's and it's 664 00:34:22,639 --> 00:34:25,120 that. Tyler, one more topic hit me. 665 00:34:27,960 --> 00:34:31,600 Shout out to Moon pay, you know, a partner of ours in Polymarket. 666 00:34:31,600 --> 00:34:36,320 I feel like one of my bigger criticisms of Polymarket has 667 00:34:36,320 --> 00:34:39,320 been the onboarding experience. And with this new partnership 668 00:34:39,320 --> 00:34:42,679 with, with Moon pay offering credit card access, I think it 669 00:34:42,679 --> 00:34:44,920 really is a game changer. So like I, I had a personal 670 00:34:44,920 --> 00:34:49,719 friend, you know, text me just a few weeks back, he wanted to bet 671 00:34:50,320 --> 00:34:51,880 on effectively on Biden to drop out. 672 00:34:51,880 --> 00:34:54,679 We've talked about that on the show, but basically, Long story 673 00:34:54,679 --> 00:34:57,720 short, he made me do it because he didn't want to go through all 674 00:34:57,720 --> 00:35:01,440 the the hurdles of buying crypto and all that. 675 00:35:01,440 --> 00:35:03,000 Well, now he can do that himself now. 676 00:35:04,000 --> 00:35:06,960 And like putting the whole like legality thing aside like that, 677 00:35:06,960 --> 00:35:08,480 that's going to be an issue that needs to be worked out. 678 00:35:09,000 --> 00:35:12,400 I mean this is I'm born just got way easier. 679 00:35:13,320 --> 00:35:13,920 Hold on. Speaking. 680 00:35:13,920 --> 00:35:15,880 So you. You the second you speak about 681 00:35:15,880 --> 00:35:17,920 this man, he shows up. I swear to God. 682 00:35:17,920 --> 00:35:23,160 This kid got what's up. Keith, can you hear me? 683 00:35:23,160 --> 00:35:25,280 Keith, are you on stage? I can't hear. 684 00:35:26,720 --> 00:35:30,200 His ear was ringing, bro. His ear was ringing. 685 00:35:30,760 --> 00:35:32,600 Keith. Hold on. 686 00:35:32,680 --> 00:35:33,760 Hold on. Hold on. 687 00:35:33,920 --> 00:35:38,680 Wait. Keith on mute. 688 00:35:39,040 --> 00:35:40,440 I texted. It was on mute. 689 00:35:40,920 --> 00:35:44,560 He on stage. Oh my God, he's he's not. 690 00:35:44,560 --> 00:35:46,440 I don't. I think we may have a lag hair 691 00:35:46,440 --> 00:35:47,880 or something. You guys can't hear anything, 692 00:35:47,880 --> 00:35:50,640 right? No, couldn't hear him. 693 00:35:53,680 --> 00:35:54,440 Not at all. Keith again. 694 00:35:54,440 --> 00:35:56,640 OK, give me one more shot then we're going to go to today's 695 00:35:56,640 --> 00:35:57,560 guest. I see. 696 00:35:57,560 --> 00:36:00,080 I see my boy in the in the studio. 697 00:36:00,080 --> 00:36:02,480 We got a great video for you. But quickly, Keith again. 698 00:36:02,480 --> 00:36:07,240 Try #2 Take two. Keith. 699 00:36:08,440 --> 00:36:09,520 Kate. Nope. 700 00:36:10,080 --> 00:36:13,320 Well, there's a bug. Yeah, it's it must be lagging. 701 00:36:15,360 --> 00:36:17,040 I'll, I'll, I'll tell Keith to pass by tomorrow. 702 00:36:17,560 --> 00:36:20,120 If you maybe go back. Tomorrow it'll, it'll probably 703 00:36:20,120 --> 00:36:22,160 be easier because I, I, I keep trying. 704 00:36:22,160 --> 00:36:23,960 Yeah. It's doing the like. 705 00:36:23,960 --> 00:36:27,360 It's Twitter, man. Twitter's gonna snow. 2 phones. 706 00:36:27,360 --> 00:36:28,240 No. No shot. 707 00:36:28,240 --> 00:36:28,680 Nothing.