1 00:00:00,160 --> 00:00:01,800 Yo-yo, what up? What up? 2 00:00:01,800 --> 00:00:06,560 Good morning. Good morning, GMG. 3 00:00:11,160 --> 00:00:12,040 Thursday. Thursday. 4 00:00:12,200 --> 00:00:14,320 Oh yeah, I like Thursdays. Thursdays. 5 00:00:15,280 --> 00:00:18,360 No. Thursday, Thursday, October 6 00:00:18,360 --> 00:00:21,280 10th, 2024. Four. 7 00:00:21,280 --> 00:00:22,240 Four. Look at that. 8 00:00:22,400 --> 00:00:26,520 Another beautiful day to have a beautiful day. 9 00:00:26,520 --> 00:00:28,560 I got my coast and I was Tyler. Tyler. 10 00:00:28,560 --> 00:00:31,200 Tyler, how you doing today? I'm good. 11 00:00:31,200 --> 00:00:34,000 I think I might be kicking this cold I've had the last few days. 12 00:00:34,000 --> 00:00:36,920 So so that's a positive. Coins are doing OK. 13 00:00:36,920 --> 00:00:38,720 But news, man, news is picking up. 14 00:00:38,880 --> 00:00:42,440 Feels like Q4 is really getting into motion. 15 00:00:42,440 --> 00:00:43,760 The headlines were flying yesterday. 16 00:00:43,760 --> 00:00:45,240 They're flying this morning already. 17 00:00:45,240 --> 00:00:48,360 Lots, a lot to get into. I love that, I love that. 18 00:00:49,160 --> 00:00:51,680 Let me Oh my nose here. There is definitely a lot to 19 00:00:51,680 --> 00:00:53,200 talk about today. What up Mando? 20 00:00:53,920 --> 00:00:54,480 Good. How are you guys? 21 00:00:55,080 --> 00:00:57,080 We're we're, we're vibing. We're vibing. 22 00:00:57,080 --> 00:00:59,760 We're thriving. I can tell you're busy. 23 00:00:59,880 --> 00:01:01,520 Looks like you're both kicking off that cold. 24 00:01:01,520 --> 00:01:03,840 You both sounded sick, like I think, yeah. 25 00:01:03,880 --> 00:01:05,800 My woot band told me. That I. 26 00:01:06,360 --> 00:01:08,360 Was sick. Oh, you have a woot band now or 27 00:01:08,360 --> 00:01:10,320 no you have had right? Or you. 28 00:01:11,360 --> 00:01:14,960 Told me I was sick from Monday. I guess both sponsored by WOOP 29 00:01:14,960 --> 00:01:17,000 or something. My did I miss the the the the 30 00:01:17,040 --> 00:01:18,960 memo about whoop I got an O-ring? 31 00:01:21,040 --> 00:01:22,760 I had an O-ring for a while but then I got a woop. 32 00:01:23,480 --> 00:01:26,120 Oh it's true you had the wording a while ago. 33 00:01:26,120 --> 00:01:27,520 I remember last time I saw you for a. 34 00:01:27,960 --> 00:01:31,520 Long time. Yeah, yeah, yeah. 35 00:01:31,520 --> 00:01:34,560 That's, that's that is very true. 36 00:01:34,560 --> 00:01:36,760 That is very true. Anyways, all right, all right, I 37 00:01:36,760 --> 00:01:38,440 don't mind. Just got a busy, busy time 38 00:01:38,440 --> 00:01:40,760 today. Let's get right into this today, 39 00:01:40,760 --> 00:01:44,440 the show today, today, let me post that broadcast daily market 40 00:01:44,440 --> 00:01:45,920 report. We had CPI this morning. 41 00:01:46,560 --> 00:01:49,120 It looks like it was quite a little bit of a mess with this 42 00:01:49,120 --> 00:01:50,400 so that I don't know what I'm saying, by the way. 43 00:01:50,840 --> 00:01:52,960 So we'll, we'll see what my other thing, my favorite trader 44 00:01:53,600 --> 00:01:55,720 thinks that this is a non event for crypto. 45 00:01:55,720 --> 00:01:56,880 And my favorite traitor is Mendo. 46 00:01:56,880 --> 00:02:02,280 So we're going to ask Mendo, ask Mendo his thoughts on that 47 00:02:02,720 --> 00:02:05,800 because you probably saw Wizgo live this morning and KBMS and 48 00:02:05,920 --> 00:02:09,759 everybody tweeting about CPS. So let's talk about that and 49 00:02:09,759 --> 00:02:13,280 then we'll have Tyler's top one. We're back to 1000. 50 00:02:13,280 --> 00:02:15,720 Is it fair to say back to Tyler's top 1000? 51 00:02:16,440 --> 00:02:21,280 Perfect. Back to 1000 and and then we'll 52 00:02:21,280 --> 00:02:23,520 do 2 robot spins. We had a little you know, 53 00:02:23,520 --> 00:02:30,280 incident yesterday on the on the show and and hopefully no cats 54 00:02:30,280 --> 00:02:35,840 jump on no keyboards and and we'll be fine since today is not 55 00:02:35,840 --> 00:02:38,560 even he's so stressed out he's not even bringing his own 56 00:02:38,560 --> 00:02:41,400 account on the Twitter spaces. He's like, he's like fucking 57 00:02:41,600 --> 00:02:47,920 false that he's like, he's like, fuck this. 58 00:02:50,320 --> 00:02:52,800 His cat yesterday jumped on the screen for everybody. 59 00:02:52,800 --> 00:02:56,440 That's what happened at the end on his on his keyboard. 60 00:02:56,640 --> 00:02:59,320 His son ran into the room, his cat jumped on the keyboard. 61 00:02:59,440 --> 00:03:02,360 The keyboard activated the wrong screen, blah, blah, blah, blah, 62 00:03:02,360 --> 00:03:03,400 blah. Anyways, we decided to push it 63 00:03:03,400 --> 00:03:05,560 today so to double up. So make sure you're tweeting to 64 00:03:05,560 --> 00:03:07,120 Twitter Spaces. You'll have a specific tweet to 65 00:03:07,120 --> 00:03:09,040 comment on blah, blah. And then last but not least, 66 00:03:09,400 --> 00:03:12,400 this show is power the galaxies Galaxy. 67 00:03:12,640 --> 00:03:15,560 What seamless built in monetization tools Galaxies 68 00:03:15,560 --> 00:03:17,680 enables the development of sustainable long term 69 00:03:17,680 --> 00:03:21,000 communities fulfilling bitcoins visions of decentralized freedom 70 00:03:21,280 --> 00:03:24,840 and independence from centralized control. 71 00:03:25,200 --> 00:03:29,560 Anyways anyways anyways anyways Mando, without further ado, talk 72 00:03:29,560 --> 00:03:32,560 to me about the most important CPI of the year. 73 00:03:36,960 --> 00:03:39,600 Who is the Marian Macro daddy of the land? 74 00:03:43,200 --> 00:03:45,080 Can you dig it? Yeah. 75 00:03:45,360 --> 00:03:47,320 GM, everyone. You're doing right now I've got 76 00:03:47,320 --> 00:03:47,840 so. Much to do. 77 00:03:51,200 --> 00:03:52,960 Right. Now are you that busy? 78 00:03:52,960 --> 00:03:55,680 Are you doing your mail during flower like dead ass? 79 00:03:56,240 --> 00:04:01,520 Oh, can you guys hear me? Yeah yeah dude, I've got a lot 80 00:04:05,320 --> 00:04:09,640 don't believe the hype CPI, I mean it was down again down 81 00:04:09,640 --> 00:04:12,400 again month on month like yeah it came in nought .1% expected. 82 00:04:12,400 --> 00:04:15,480 I put, I put it out on, on my tweet, my Twitter as well, like 83 00:04:17,360 --> 00:04:22,280 like, OK, it's at 2.4% rather than 2.3%, but we're still down 84 00:04:22,280 --> 00:04:25,560 like down, down, down, down, down every single month. 85 00:04:25,640 --> 00:04:28,200 Like it's slightly hot and we haven't had a hot figure since 86 00:04:28,880 --> 00:04:34,960 April. But I think that's, remember, 87 00:04:34,960 --> 00:04:36,480 these things are against forecast. 88 00:04:36,480 --> 00:04:38,840 If you look, we're actually down versus last month, which is down 89 00:04:39,160 --> 00:04:41,200 versus the month before, which is down versus the month before, 90 00:04:41,200 --> 00:04:42,280 which is down versus the month before. 91 00:04:42,280 --> 00:04:44,720 We're just going low. We're just slightly higher than 92 00:04:44,720 --> 00:04:48,680 the forecast was. So I think we'll still see 2 93 00:04:48,680 --> 00:04:51,560 great cuts this year coming. That's, that's my got. 94 00:04:51,720 --> 00:04:53,560 I think that's what Powell said. I think that's what we'll still 95 00:04:53,560 --> 00:04:56,560 get. So I think he's probably given 96 00:04:56,560 --> 00:04:58,720 decent forward guidance there about what he's going to do. 97 00:05:00,160 --> 00:05:03,240 Yeah, I just started to tweet this morning as well. 98 00:05:03,240 --> 00:05:06,600 So we'll see the rate cuts question for that, that are left 99 00:05:06,600 --> 00:05:08,800 towards the end of the year. What are we expecting in terms 100 00:05:08,800 --> 00:05:11,080 of like the amount of rate cuts, like is it one or two? 101 00:05:11,080 --> 00:05:12,760 And is it like by how much are we expecting? 102 00:05:12,760 --> 00:05:15,920 Like how many bibs? People are expecting 2 now. 103 00:05:17,280 --> 00:05:22,440 Sorry, people are expecting that's be one or two rate cuts 104 00:05:22,440 --> 00:05:23,680 basically from now until year end. 105 00:05:24,800 --> 00:05:29,560 And the expectation is both probably for 25 bips if 25 to 50 106 00:05:29,560 --> 00:05:33,560 bips total, which I kind of agree with. 107 00:05:34,000 --> 00:05:38,040 But Powell in his last speech said basically it's probably 108 00:05:38,040 --> 00:05:42,040 going to be two. So I would kind of get guided by 109 00:05:42,040 --> 00:05:43,000 that. This figure doesn't. 110 00:05:43,480 --> 00:05:44,720 I don't think changes that that much. 111 00:05:46,080 --> 00:05:47,960 Wow, OK. But what I do think is you're 112 00:05:47,960 --> 00:05:51,960 seeing a stronger dollar, which I think is interesting and that 113 00:05:51,960 --> 00:05:53,440 that may hurt crypto a little bit. 114 00:05:54,320 --> 00:05:55,880 Like the dollar's a 2 month highs. 115 00:05:56,960 --> 00:05:59,040 It's come back relatively strongly after looking like it 116 00:05:59,040 --> 00:06:01,680 was going to break down. And that was part of the reason 117 00:06:01,680 --> 00:06:04,800 for cryptos rally. I mean, when we're talking about 118 00:06:04,800 --> 00:06:07,680 anything crazy, it's up like 2% over the last over the last 119 00:06:07,680 --> 00:06:13,200 three weeks. But it's it's enough to to get 120 00:06:13,200 --> 00:06:17,440 people to notice. OK, OK, love it, Love it. 121 00:06:17,600 --> 00:06:19,720 I I don't remember last time I checked the mail. 122 00:06:21,800 --> 00:06:25,640 Brother, this is this is male I. I I is that like male? 123 00:06:25,720 --> 00:06:29,920 The licenses, my friend. Oh, is that not like, is that 124 00:06:29,920 --> 00:06:31,520 the actually that's on the post that you want? 125 00:06:31,520 --> 00:06:33,680 Do you in Portugal? Like do you like take a horse to 126 00:06:33,680 --> 00:06:36,280 go to your like little mailbox and then yeah, yeah, yeah. 127 00:06:36,640 --> 00:06:39,920 Is that is that did you have that still like paper mail over 128 00:06:39,920 --> 00:06:41,160 there? We have paper mail. 129 00:06:41,360 --> 00:06:42,800 It's pigeon. Pigeon and paper. 130 00:06:42,840 --> 00:06:46,320 That's that's how it's done. Oh, Tyler, Jeff, did you still 131 00:06:46,320 --> 00:06:48,800 read the mail in Chicago? We get the mail about once a 132 00:06:48,800 --> 00:06:49,840 week. Once a week. 133 00:06:50,040 --> 00:06:52,960 I don't remember that. Yeah, I remember last time I was 134 00:06:52,960 --> 00:06:54,480 in junk. I guess I do have a mailbox 135 00:06:54,480 --> 00:06:56,480 downstairs. Vanessa must check it. 136 00:06:58,200 --> 00:06:59,800 I don't know. Every time I check it, it's the 137 00:06:59,800 --> 00:07:01,200 landlord. His shit. 138 00:07:01,200 --> 00:07:04,280 It's like 40 fucking letters from for like the previous 139 00:07:04,280 --> 00:07:06,800 tenants in the landlord. I just like I put them back in 140 00:07:06,960 --> 00:07:10,360 in back then so. So in terms of macros like, 141 00:07:10,360 --> 00:07:11,800 that's the only thing that has happened today. 142 00:07:12,000 --> 00:07:15,440 I don't know what happened. To CNBC, like sorry, what 143 00:07:15,440 --> 00:07:16,880 happened to stocks and stuff like that? 144 00:07:16,880 --> 00:07:20,280 Looks like we are marginally lower, but we've just hit all 145 00:07:20,280 --> 00:07:24,400 time highs yesterday. We're down nought .1% on stocks 146 00:07:24,400 --> 00:07:27,360 right now. So a bit yeah, nothing burger. 147 00:07:27,360 --> 00:07:30,640 I would say dollar is definitely stronger, which is something to 148 00:07:30,640 --> 00:07:35,160 note about and and bond yields are back up above 4%, which is 149 00:07:35,320 --> 00:07:38,840 fairly noticeable at least on the 10 year, the two years kind 150 00:07:39,560 --> 00:07:41,560 of not moving as much. OK. 151 00:07:41,560 --> 00:07:47,080 And then and then, yeah, I don't again like Bitcoins holding up. 152 00:07:47,520 --> 00:07:50,600 OK, it's like 61 K. You should eat underperform a 153 00:07:50,600 --> 00:07:57,320 little bit again, Solana. I guess Solana's underperforming 154 00:07:57,320 --> 00:08:01,160 a little bit as well. All coins like for me meme coins 155 00:08:01,160 --> 00:08:08,080 are definitely down but Bitcoin has hasn't really moved the the 156 00:08:08,080 --> 00:08:11,160 only real headlines for the biggest ones with this FBI thing 157 00:08:11,160 --> 00:08:14,240 about the the meme coins. To that. 158 00:08:14,840 --> 00:08:19,200 Or the AI coin where it was and that that Stripe had reinstated 159 00:08:19,200 --> 00:08:22,640 crypto payments, which is is relatively big, although was 160 00:08:22,640 --> 00:08:24,440 already known that they were going to do that. 161 00:08:24,440 --> 00:08:27,360 So I don't think it was like a big shock to the market. 162 00:08:27,360 --> 00:08:30,960 They've decided to do that and then this Trump, this Trump 163 00:08:30,960 --> 00:08:32,520 thing, whether we're going. To run. 164 00:08:34,120 --> 00:08:37,159 Crazy amounts. Yep, Yep, yeah, we saw that. 165 00:08:37,159 --> 00:08:38,520 All right. Well, look, that's about it for 166 00:08:38,520 --> 00:08:42,400 the market roundup. 60 point 8K Bitcoin 2.3, let's say 2 point 167 00:08:42,400 --> 00:08:49,480 2.4 almost KE 137 dollars Solana top gainers on the daily 168 00:08:49,640 --> 00:08:53,120 consisted of Uniswap unit token because of the L2 announcement 169 00:08:53,120 --> 00:08:58,560 probably that was announced. I think today man try XRP helium 170 00:08:58,560 --> 00:08:59,880 immutable. So anyways, like there's not 171 00:08:59,880 --> 00:09:02,160 much that's up to actually matter of fact, almost nothing's 172 00:09:02,160 --> 00:09:05,960 up significantly and and memes are relatively down unless 173 00:09:05,960 --> 00:09:08,320 actually the maraud memes kind of like kind of like good today, 174 00:09:08,400 --> 00:09:11,960 but anyways, Tyler tell us. I'm sure Tyler's going to. 175 00:09:12,080 --> 00:09:20,800 I'm not even going to go there because I know Tyler's going. 176 00:09:22,480 --> 00:09:26,920 To go there, there are a lot of top stories, but I'm just gonna 177 00:09:26,920 --> 00:09:29,160 start with the Trump one. So the Trump family moving 178 00:09:29,160 --> 00:09:31,440 forward with World Liberty Financial, they proposed 179 00:09:31,440 --> 00:09:36,000 launching on Ave. promising 20% of protocol fees to the Avenue 180 00:09:36,000 --> 00:09:38,640 Dow, along with giving them 7% of the tokens. 181 00:09:39,080 --> 00:09:42,040 Guess what, breaking news this morning, they're raising $300 182 00:09:42,040 --> 00:09:45,120 million at a $1.5 billion valuation. 183 00:09:45,240 --> 00:09:49,080 So that 7% token deal for Ave. pretty significant there. 184 00:09:49,800 --> 00:09:53,080 Next up, we saw that the USDOJ, they brought charges against 185 00:09:53,080 --> 00:09:56,560 Gotbet, ZM Quant, CLS Global and my Trade alongside 14 186 00:09:56,560 --> 00:09:59,840 individuals accusing them of manipulating the crypto market 187 00:09:59,840 --> 00:10:02,320 via pumping up schemes and some market making. 188 00:10:02,320 --> 00:10:04,160 So we'll get into that here in a bit. 189 00:10:04,160 --> 00:10:07,320 Stripe, as Mano mentioned, officially began accepting USDC 190 00:10:07,400 --> 00:10:10,640 payments with Solana. So it is live and happening. 191 00:10:11,400 --> 00:10:14,880 ETH, some bad news for ether. ETH seized from the plus token 192 00:10:14,880 --> 00:10:19,880 scheme was moved to exchanges after being dormant since 2021. 193 00:10:20,480 --> 00:10:25,720 Seven thousand of the 542,000 that they've got, that's $1.3 194 00:10:25,720 --> 00:10:28,840 billion worth started moving. So perhaps some cell pressure 195 00:10:28,840 --> 00:10:30,800 from that. And then breaking news this 196 00:10:30,800 --> 00:10:34,880 morning, Uniswap, they introduced Unichain as a new L2 197 00:10:35,160 --> 00:10:38,880 for D Phi, which also might have some negative impacts for 198 00:10:38,880 --> 00:10:41,400 Ethereum as well. We'll talk about that in a bit. 199 00:10:41,480 --> 00:10:44,120 In protocol news, Abstract officially launched their 200 00:10:44,120 --> 00:10:48,680 Abstract Global Wallet SDK. KN FT5 introduced flexible loans 201 00:10:48,680 --> 00:10:51,360 or borrowers only pay interest on durations of their loan 202 00:10:51,360 --> 00:10:54,200 versus fixed interest. Swell introduced an AirDrop 203 00:10:54,200 --> 00:10:56,680 checker for its E3 sticking platform. 204 00:10:57,000 --> 00:10:59,760 Coin Gecko integrated Arkham, Intel, then Vanek. 205 00:11:00,480 --> 00:11:03,080 They keep cooking encrypted. They lost a new $30 million 206 00:11:03,080 --> 00:11:06,120 venture fund to invest in AI startups. 207 00:11:06,760 --> 00:11:09,520 So like to see that memes and NFTS. 208 00:11:09,640 --> 00:11:12,040 We got to talk about the the the memes and NFTS here. 209 00:11:12,040 --> 00:11:15,880 Meme coin majors were red. There was some drama with the 210 00:11:15,880 --> 00:11:18,160 cute dolphin meme. You you've seen this meme, it's 211 00:11:18,160 --> 00:11:21,200 been going viral. Another one of those vampire 212 00:11:21,200 --> 00:11:23,400 attack multiple PvP coins launched. 213 00:11:23,400 --> 00:11:28,120 Almost all of them ended up down on the day on shoot volume mini. 214 00:11:28,720 --> 00:11:31,440 The mini token was the big winner from the Maraud list. 215 00:11:32,040 --> 00:11:36,160 It jumped something like 50% and then a new memecoin launched on 216 00:11:36,160 --> 00:11:38,480 the what was the art focused L2 circle. 217 00:11:39,120 --> 00:11:42,000 A memecoin launched and ran to 15,000,000 after being featured 218 00:11:42,000 --> 00:11:45,160 in the Beeple every day. Our friend Deese, he got into 219 00:11:45,160 --> 00:11:47,200 40K so a nice little hit for him. 220 00:11:48,160 --> 00:11:50,880 An X copy one-on-one chatbot and chisel for 800 ETH. 221 00:11:51,440 --> 00:11:56,960 It's $1.9 million highest sale I believe since 2021 at least over 222 00:11:56,960 --> 00:11:59,160 the counter. And then OX quit stepping into 223 00:11:59,160 --> 00:12:01,960 the VP of blockchain roll at Yuga, overseeing Devon's 224 00:12:01,960 --> 00:12:05,720 strategy for 8 chain. So nice move for him. 225 00:12:05,720 --> 00:12:06,960 And and yeah, that's the rundown. 226 00:12:06,960 --> 00:12:11,480 A lot of headlines there. My Lord, the irony of the I love 227 00:12:11,480 --> 00:12:16,920 the irony of the of the art chain having the biggest, like 228 00:12:16,920 --> 00:12:19,000 the biggest thing happening on there right now is the meme corn 229 00:12:19,000 --> 00:12:20,960 right away. And I was like, quick, you know 230 00:12:20,960 --> 00:12:22,360 what I mean? It's like you're trying to step 231 00:12:22,360 --> 00:12:25,240 away from all the meme coin, like, you know, shittery and 232 00:12:25,240 --> 00:12:27,680 stuff like that, but you just can't escape it, right? 233 00:12:28,000 --> 00:12:29,320 That's exactly where my head went. 234 00:12:29,400 --> 00:12:32,040 I feel like once a quarter we we get like the art focused let's. 235 00:12:32,240 --> 00:12:34,880 Talk about let's start with that there tell us more about this 236 00:12:34,880 --> 00:12:37,400 thing because I saw it I was at the hockey game then I saw these 237 00:12:37,400 --> 00:12:41,000 at like 500X on on but he only put like 200 bucks or something 238 00:12:41,000 --> 00:12:44,640 but he turned 200 bucks to like 10K right which is awesome but 239 00:12:46,160 --> 00:12:48,880 the. Shape is the L2 is meant to be 240 00:12:49,600 --> 00:12:52,520 this art focused and and dedicated so a kind of a 241 00:12:52,520 --> 00:12:56,640 dedicated chain place for artists to create and traders to 242 00:12:57,200 --> 00:13:01,280 traders to trade collectors to collect and then we we saw some 243 00:13:01,280 --> 00:13:03,480 artists I forget exactly who's behind this I don't know if I. 244 00:13:03,480 --> 00:13:05,360 Actually saw it's it's him though, and I say Jules. 245 00:13:05,880 --> 00:13:08,680 OK, so so Jules launched this Circle coin. 246 00:13:09,600 --> 00:13:13,600 It's a pretty simple website and if you go to the website it, 247 00:13:13,640 --> 00:13:16,080 it's just, it's got the contract and then it's got a circle in 248 00:13:16,080 --> 00:13:17,720 the middle, which tells you the market cap. 249 00:13:17,720 --> 00:13:21,520 And I, I guess the circle gets bigger as the market cap goes 250 00:13:21,560 --> 00:13:26,040 up, which is one of those like it, it's so dumb. 251 00:13:26,040 --> 00:13:30,880 It's it's brilliant designs. You know, I I'll try to send it 252 00:13:30,880 --> 00:13:32,960 to you. That's the circle though. 253 00:13:33,000 --> 00:13:34,680 That's the Beeple every day for me. 254 00:13:34,680 --> 00:13:35,520 Yeah. So, yeah. 255 00:13:35,520 --> 00:13:38,880 And then Beeple memorialized it last night, which is a quick a 256 00:13:38,880 --> 00:13:41,080 quick one for him. I mean, the thing had only been 257 00:13:41,080 --> 00:13:45,480 live for four hours or so. I noticed people has been 258 00:13:45,560 --> 00:13:48,200 posting his everyday is the last few days a lot faster. 259 00:13:48,200 --> 00:13:50,240 I don't feel notice it usually depends on where he's at and 260 00:13:50,240 --> 00:13:52,760 like what he's doing. I like his travels sometimes as 261 00:13:52,760 --> 00:13:55,080 well, like what time zone? But I noticed this past week, 262 00:13:55,080 --> 00:13:57,520 like he's just, you know, it's like he's just banging him out. 263 00:13:58,560 --> 00:14:01,560 Yeah, he, he, he really is. So I think that's what sent it. 264 00:14:02,000 --> 00:14:05,040 I mean, I, I missed this one. A buddy sent it to me. 265 00:14:05,040 --> 00:14:08,240 It was under a million, yeah. I knew it had a good chance to 266 00:14:08,240 --> 00:14:10,800 run and I was like, I don't have any Ethan shape. 267 00:14:10,800 --> 00:14:12,880 I don't want to go through the bridge process and I just didn't 268 00:14:12,880 --> 00:14:15,160 do it was too lazy. And like this is one of those 269 00:14:15,160 --> 00:14:17,000 opportunities. Like this is one of the cardinal 270 00:14:17,000 --> 00:14:20,320 rules of of crypto in trading is that if there are barriers to 271 00:14:20,360 --> 00:14:23,440 entry, then that is the trade to go after. 272 00:14:23,440 --> 00:14:26,360 Because just like me, people are going to be too lazy to do it. 273 00:14:26,360 --> 00:14:29,040 And then when people ultimately come in, you're going to. 274 00:14:29,040 --> 00:14:32,240 Be able to and. Then here we are the 12 and a 275 00:14:32,240 --> 00:14:35,440 half million here this morning I saw it was around like 14 when I 276 00:14:35,440 --> 00:14:37,720 woke up. Think it think it hit 15. 277 00:14:37,840 --> 00:14:42,320 Curious where it goes from here. But it it'll be a testament to 278 00:14:42,320 --> 00:14:45,120 how much liquidity is is really on shape. 279 00:14:45,640 --> 00:14:47,800 But they've got the X copy drop coming soon. 280 00:14:47,800 --> 00:14:50,600 Actually, I don't know if if there's a date on that drop just 281 00:14:50,600 --> 00:14:52,800 yet. He announced the winners this 282 00:14:52,800 --> 00:14:57,840 morning. That's his 0.33 ETH, although I 283 00:14:57,840 --> 00:14:59,640 mean those those are likely going to trade. 284 00:15:00,200 --> 00:15:02,040 Oh yeah. At least a two to three Ethan, I 285 00:15:02,080 --> 00:15:04,240 think. It could be a 10 in this market 286 00:15:04,240 --> 00:15:06,480 with X copies being so hot. You could, yeah. 287 00:15:06,560 --> 00:15:08,000 I mean, you can you tell me 5 ETH? 288 00:15:08,000 --> 00:15:11,320 I won't be surprised, honestly. Won't be surprised either. 289 00:15:11,360 --> 00:15:13,960 I think the only the only thing making this questionable is that 290 00:15:13,960 --> 00:15:16,120 the fact that it's on shape. If it was on ETH it could be a 291 00:15:16,120 --> 00:15:18,240 little easier to project. I mean, go figure. 292 00:15:18,240 --> 00:15:20,600 I mean maybe this shit coin changed everything, right? 293 00:15:21,720 --> 00:15:23,360 No seriously. Like if this one goes to $50 294 00:15:23,360 --> 00:15:25,160 million, that X copy floor is going to be 5. 295 00:15:25,520 --> 00:15:27,880 I mean, and why I'm saying that, and I know I don't want to 296 00:15:27,880 --> 00:15:30,880 relate say, oh, because it's I'll be like because it's a Jake 297 00:15:30,880 --> 00:15:33,440 Cohen. But the attention just attention 298 00:15:33,440 --> 00:15:36,320 around shape, it's like, oh, wait, oh, hey, does this copy 299 00:15:36,320 --> 00:15:37,240 thing too. You know what I mean? 300 00:15:37,240 --> 00:15:40,320 It's like, like kind of like I swear my heads at. 301 00:15:40,520 --> 00:15:42,160 I mean, it's a brilliant marketing event, right? 302 00:15:42,160 --> 00:15:45,440 Like we've seen chains do this, like AVAX started their meme 303 00:15:45,440 --> 00:15:49,720 coin fund, you know what, like in in Q1 because they know that 304 00:15:49,720 --> 00:15:52,520 attracts people. So I mean, it's smart, right? 305 00:15:53,600 --> 00:15:55,720 Albeit ironic. Yeah. 306 00:15:56,240 --> 00:15:59,120 Shooting created for art has immediately gone to memes. 307 00:15:59,800 --> 00:16:03,400 Yeah, and that's great. I mean, look, hey, meme coins, 308 00:16:03,400 --> 00:16:06,840 if if anything, this could show you that meme coins are art. 309 00:16:07,520 --> 00:16:10,000 You know, they can be performance art because the, the 310 00:16:10,080 --> 00:16:14,880 the circle just gets bigger as the market cap goes up. 311 00:16:14,880 --> 00:16:17,080 And I own absolutely none of it. This is the first time I hear 312 00:16:17,080 --> 00:16:18,880 about it. I saw Deez's tweet this morning. 313 00:16:18,920 --> 00:16:21,880 I was away last night and and I love it. 314 00:16:22,440 --> 00:16:23,720 You know what I mean? That's the type of shit I would 315 00:16:23,720 --> 00:16:25,120 have bought if it was still $1,000,000 right now. 316 00:16:26,120 --> 00:16:29,240 He's up something, so he's up 300 X. 317 00:16:29,920 --> 00:16:31,600 Yeah, something like that. I mean, it's a little lower than 318 00:16:31,600 --> 00:16:32,960 this. It wasn't like 15 mil this 319 00:16:32,960 --> 00:16:35,520 morning. It's like 12 mil right now, but 320 00:16:35,520 --> 00:16:36,760 it's right down my personal alleyway. 321 00:16:36,800 --> 00:16:40,040 I love this shit. I love the art side of Twitter, 322 00:16:40,040 --> 00:16:43,120 of course, because that's where I came up with that early NFT 323 00:16:43,120 --> 00:16:44,680 Twitter days and stuff. So that's something that I 324 00:16:44,680 --> 00:16:46,720 personally I'm a very bad fan of. 325 00:16:46,720 --> 00:16:49,640 So love that. Speaking of X Carpe Tyler, I 326 00:16:49,640 --> 00:16:52,240 mean, man, boy, I saw that. I mean, sure to go and 327 00:16:52,240 --> 00:16:54,480 congratulate the buyer yesterday on Twitter as well. 328 00:16:55,120 --> 00:16:58,280 Man, what a sale and and what a piece. 329 00:16:59,200 --> 00:17:03,680 It looks like it wasn't like you like if you're in in these 330 00:17:03,680 --> 00:17:07,000 streets, you just kind of assume that a sale this size that the 331 00:17:07,000 --> 00:17:11,240 buyer is likely got connected to the the seller like they they've 332 00:17:11,240 --> 00:17:14,839 had conversations. Yeah, it's it's almost it's 333 00:17:14,880 --> 00:17:16,240 unclear if that happened. He just lobbed. 334 00:17:16,240 --> 00:17:17,720 He just lobbed an underneath offer. 335 00:17:18,720 --> 00:17:23,000 It looks like it was, no, I think it was made available 336 00:17:23,000 --> 00:17:25,200 because of super private sales because I did see David 337 00:17:25,200 --> 00:17:27,720 Feinstein tweet something but I may be wrong. 338 00:17:27,760 --> 00:17:28,680 Not the infants. I'm so sorry. 339 00:17:28,680 --> 00:17:30,400 It's a translate now. Oh my God that's so bad. 340 00:17:30,400 --> 00:17:34,080 Sorry sorry sorry sorry sorry. The someone from Super Rare 341 00:17:34,080 --> 00:17:36,680 tweet their link to the thing but it could be that, but maybe 342 00:17:36,680 --> 00:17:38,520 not. Yeah. 343 00:17:38,520 --> 00:17:41,800 Well, regardless, so the 808th offer came in, it was accepted 344 00:17:41,800 --> 00:17:45,880 within like 15 minutes and it's a nice sale. 345 00:17:45,880 --> 00:17:49,000 I mean it's the I don't, I can't speak to all the private sales 346 00:17:49,000 --> 00:17:50,480 that have gone down and I don't think we even. 347 00:17:50,520 --> 00:17:53,360 Know private sales via the one and only Rd. 348 00:17:53,600 --> 00:17:55,600 Roger Dickerman. Got it. 349 00:17:55,600 --> 00:18:00,400 OK, So it was brokered by them, very interesting. 350 00:18:00,800 --> 00:18:04,120 But I I mean this is one of the biggest art sales we've seen in 351 00:18:04,160 --> 00:18:05,960 other 1.9 million. It's huge. 352 00:18:06,280 --> 00:18:07,720 I mean, this is an incredible piece. 353 00:18:07,720 --> 00:18:09,640 I mean, we should go back on the Super rare here and look at the 354 00:18:09,640 --> 00:18:10,880 history of it. What? 355 00:18:11,240 --> 00:18:12,840 What? Incred. 356 00:18:13,000 --> 00:18:15,640 I think they bought it for .255 years ago. 357 00:18:15,880 --> 00:18:17,800 I just love it. Tyler I. 358 00:18:18,400 --> 00:18:21,800 All the X copy pieces that have the that have a character. 359 00:18:22,440 --> 00:18:25,440 You know, I really regret selling like I really regret 360 00:18:25,440 --> 00:18:28,760 selling my my piece because I don't need that Ferrique. 361 00:18:30,000 --> 00:18:32,120 I was like all traded by meme coins and stuff. 362 00:18:32,160 --> 00:18:34,400 I, I don't need it. Like, it's like, I'm here, like 363 00:18:34,440 --> 00:18:36,760 I'm sitting on the USDC still because I haven't really made 364 00:18:36,760 --> 00:18:38,080 big moves with it, because I'm waiting. 365 00:18:38,720 --> 00:18:41,880 I, I, I don't know. I I I have to say I really 366 00:18:41,880 --> 00:18:46,840 regret selling my edition. Yeah, it's tough. 367 00:18:46,840 --> 00:18:49,200 I mean, they're the the old X copy is going to be incredibly 368 00:18:49,200 --> 00:18:51,200 valuable and and the the good ones. 369 00:18:51,200 --> 00:18:53,000 Yeah, at the same time, you're going to have more 370 00:18:53,000 --> 00:18:54,960 opportunities, right. Like he's clearly creating a lot 371 00:18:54,960 --> 00:18:58,280 more. Wow look at this it's listed on 372 00:18:58,280 --> 00:19:00,880 81 K it's crazy. No I didn't buy pay. 373 00:19:00,880 --> 00:19:03,760 Good for you, I got more than 40 afraid but for how much ETH it 374 00:19:03,760 --> 00:19:06,520 was. But yeah, I'm a. 375 00:19:06,800 --> 00:19:08,720 It's a good piece. I mean, look, when you look at 376 00:19:08,720 --> 00:19:10,680 this, it reminds me of this piece, you know? 377 00:19:11,480 --> 00:19:12,400 Yeah, colors came. Out. 378 00:19:12,680 --> 00:19:14,800 So yeah. Anyways, point being that you're 379 00:19:14,800 --> 00:19:19,800 right. So he paid .75 ETH back in 2019? 380 00:19:19,800 --> 00:19:21,920 January 2019. Wow. 381 00:19:24,160 --> 00:19:27,560 Wow, that's and then the hell that through all the 2021 mania. 382 00:19:28,040 --> 00:19:31,600 Wow. And so 800 and that's ether it's 383 00:19:31,600 --> 00:19:34,920 lows you think? So if ether goes to like $5000 a 384 00:19:34,920 --> 00:19:39,800 cycle like seller isn't for $4 million technically if he holds 385 00:19:39,800 --> 00:19:42,280 the ether? Yeah, if you're bullshit, this 386 00:19:42,280 --> 00:19:45,480 is a great time to. Make wow wow Punk. 387 00:19:45,480 --> 00:19:48,440 Let's check out Punk 49545 Small One Second. 388 00:19:49,160 --> 00:19:50,640 Was that the buyer? Yeah. 389 00:19:51,080 --> 00:19:53,560 Wow. Yeah, he's he posted about it 390 00:19:53,560 --> 00:19:57,600 yesterday on Twitter. Let me show you Pong 4945. 391 00:19:57,600 --> 00:19:58,920 There you go. He made it his PFP. 392 00:19:58,920 --> 00:20:03,400 That's a That's flex bro. Yeah, I think I make that my PFP 393 00:20:03,400 --> 00:20:05,600 as well. I would for sure, I mean if 394 00:20:05,800 --> 00:20:08,560 $2,000,000 PFP brother well in the. 395 00:20:08,560 --> 00:20:10,280 Walter gave a couple other X copy pieces. 396 00:20:10,760 --> 00:20:14,120 Yeah, there was you. Maybe it's another. 397 00:20:14,200 --> 00:20:15,280 They have died with the most likes. 398 00:20:15,280 --> 00:20:19,520 Of course my die is going to pop out this way this cycle for 399 00:20:19,520 --> 00:20:21,040 sure. Oh, he's got a little strawby. 400 00:20:21,040 --> 00:20:23,320 Oh, he bought it recently, OK. Oh, he's the one who bought the 401 00:20:23,320 --> 00:20:30,600 1/7. 34 X copy one O ones. Jesus, that's nice. 4X copy one 402 00:20:30,600 --> 00:20:36,240 O ones pay 280 for this 1175. I mean age as well right? 403 00:20:36,240 --> 00:20:37,960 This vibe makes this one really well too. 404 00:20:38,480 --> 00:20:41,400 Yeah. Wow, interest and a grifter, of 405 00:20:41,400 --> 00:20:43,280 course. And what a grifter is that? 406 00:20:43,280 --> 00:20:44,960 Let's let's stay on this copy for a second here. 407 00:20:44,960 --> 00:20:46,480 I. Guess 90, I haven't checked her. 408 00:20:50,760 --> 00:20:54,280 999999 like Tennys. Tennys, actually, yeah, Tennys, 409 00:20:54,720 --> 00:20:57,840 Yeah. These are going to 50. 410 00:20:57,840 --> 00:21:01,360 It's a cycle. Yeah, if Project Aeons and 411 00:21:01,360 --> 00:21:04,720 Sprottos are going to 50 E like our friend Murad thinks, I think 412 00:21:06,680 --> 00:21:08,000 it's. I'm working on getting those 413 00:21:08,000 --> 00:21:10,400 approved on the whitelisted on Robit so we can start giving 414 00:21:10,400 --> 00:21:12,800 them away every day. Just a reminder, the Robit code 415 00:21:12,800 --> 00:21:14,720 on rafflebot dot XYZ today is X copy. 416 00:21:14,720 --> 00:21:16,120 There you go. That's that's that's perfect. 417 00:21:16,120 --> 00:21:21,920 So rafflebot dot XYZRAFFLEBOT dot XYZ, the code is X copy. 418 00:21:21,920 --> 00:21:24,720 It's very simple, OK, you can come on the show every day and 419 00:21:24,720 --> 00:21:29,720 win worst case like the absolute worst thing you can win is a red 420 00:21:29,720 --> 00:21:34,560 guy, which still worth $2000 a pop now and the best case you 421 00:21:34,560 --> 00:21:37,480 can win a punk. There's no chance you don't win 422 00:21:37,520 --> 00:21:40,480 one of the things either punk or or or a red guy. 423 00:21:40,560 --> 00:21:44,680 So so make sure you sign up X copy as a code and and enter 2 424 00:21:44,680 --> 00:21:49,280 spin state 2 winners today. So anyways, Tyler, I feel like 425 00:21:49,280 --> 00:21:52,800 we have to talk about the feds like I think this is the biggest 426 00:21:52,800 --> 00:21:56,360 thing that happened yesterday. Run me exactly like what is 427 00:21:56,360 --> 00:21:57,960 going on? So the FBI is launching meme 428 00:21:57,960 --> 00:22:00,960 coins? Yeah, so the headline here is 429 00:22:00,960 --> 00:22:03,800 that the US Department of Justice, they have brought 430 00:22:03,800 --> 00:22:07,280 charges against market makers, got bets in quant CLS Global in 431 00:22:07,280 --> 00:22:10,080 my trade along with 14 individuals accusing them of 432 00:22:10,080 --> 00:22:12,920 manipulating the crypto market. These companies have allegedly 433 00:22:13,680 --> 00:22:17,240 engaged in wash train schemes to inflate token prices, aiming to 434 00:22:17,240 --> 00:22:20,600 deceive investors before selling off the tokens, which they're 435 00:22:20,600 --> 00:22:23,920 calling a a pump and dump operations over $25 million in 436 00:22:23,920 --> 00:22:26,480 crypto sees as a part of the investigation. 437 00:22:26,840 --> 00:22:31,120 But where the story gets crazier is that more details kept coming 438 00:22:31,120 --> 00:22:34,680 out and that the FBI actually created a fake token as a part 439 00:22:34,680 --> 00:22:37,640 of this sting. If you want to call it the token 440 00:22:37,640 --> 00:22:45,000 was Next Fund AI and apparently we got more details from quit. 441 00:22:45,000 --> 00:22:47,640 I forget who who was all talking about it, but it it seems like 442 00:22:47,640 --> 00:22:51,360 there was even some red flags with the the contract and like 443 00:22:51,360 --> 00:22:55,560 disabled trading was a button in inside there, but they were able 444 00:22:55,560 --> 00:22:58,320 to convince Gotbet to market make it and I think that's 445 00:22:58,320 --> 00:23:00,720 effectively how that they caught them. 446 00:23:01,120 --> 00:23:03,600 Damn. And I think, I think part of it 447 00:23:03,600 --> 00:23:09,200 was fake trading volumes, which I think raised a lot of alarms 448 00:23:09,200 --> 00:23:12,600 because I think folks, there are folks that believe that happens 449 00:23:13,000 --> 00:23:17,360 with a lot of tokens in, in this space where you, you 450 00:23:17,360 --> 00:23:21,600 effectively, you know, trade tokens back and forth, raise the 451 00:23:21,600 --> 00:23:24,880 price, make like artificial volume, eventually making it 452 00:23:24,880 --> 00:23:27,120 seem like there's more interest in the token than there actually 453 00:23:27,120 --> 00:23:29,760 is. And then once you get, you know, 454 00:23:29,840 --> 00:23:35,080 more normal, you know, mainstream buyers to come in and 455 00:23:35,080 --> 00:23:37,760 you sell it. And then that's the and you move 456 00:23:37,760 --> 00:23:39,680 on to the next one. So that that's the scheme. 457 00:23:40,400 --> 00:23:44,520 And I guess the other take away here is that, yeah, like the FBI 458 00:23:44,520 --> 00:23:47,400 is more deeply integrated into the trenches than perhaps folks 459 00:23:47,400 --> 00:23:49,320 thought. Like, are they in the room with 460 00:23:49,320 --> 00:23:51,880 us right now? I think that's a lot, a lot of 461 00:23:51,880 --> 00:23:53,240 the questions. And the folks are starting to 462 00:23:53,240 --> 00:23:56,680 kind of look around the room on crypto Twitter and just say who 463 00:23:56,680 --> 00:23:58,840 else might be so who? Else So who? 464 00:23:59,080 --> 00:24:00,800 Let's make a list. Let's do our list. 465 00:24:00,800 --> 00:24:05,080 Let's do a FOMO hour list of. We should start doing that Sims 466 00:24:05,360 --> 00:24:08,720 foam wireless actually with listen, we may be hiring a new 467 00:24:08,720 --> 00:24:10,600 intern. You know, Sims and I had a 468 00:24:10,600 --> 00:24:12,280 little you know, he may be listening to this. 469 00:24:12,280 --> 00:24:14,320 We have a dope intern coming from foam wire Tyler. 470 00:24:14,400 --> 00:24:17,080 So you know the intern intern yeah, he's going to enter 471 00:24:17,080 --> 00:24:18,440 myriad. He's going to intern foam wire. 472 00:24:18,440 --> 00:24:20,320 He's going to enter maybe rug video. 473 00:24:20,320 --> 00:24:23,000 We'll see. But we should start making lists 474 00:24:23,000 --> 00:24:25,680 the foam wire list. So let's make a foam wire list 475 00:24:25,720 --> 00:24:28,800 of who is the most likely to be a federal agent. 476 00:24:31,720 --> 00:24:36,720 Number one Wizard of So why Wizard of so Ho, I will tell you 477 00:24:36,720 --> 00:24:42,000 guys why I think Wizard of so is a is is a fed because he was the 478 00:24:42,000 --> 00:24:45,720 OG meme coin shell. He's the OG Maraud, right, The 479 00:24:45,720 --> 00:24:50,080 meme coin guy, right? And he, he was, he, he, he 480 00:24:50,080 --> 00:24:52,280 cooked also, he made a lot of money. 481 00:24:52,640 --> 00:24:57,560 You know, my boy's rich and, and, and, and what he always 482 00:24:57,560 --> 00:24:58,840 claims that he lives in some suburb. 483 00:24:59,080 --> 00:25:01,440 So that's some fed shit. Like if you're fed, like this 484 00:25:01,440 --> 00:25:02,920 guy owns a club in the Hamptons, right? 485 00:25:03,480 --> 00:25:04,720 He owns a restaurant in New York. 486 00:25:04,880 --> 00:25:08,720 Catchy, but he's never there. He, he, he lives in the suburbs. 487 00:25:10,040 --> 00:25:11,920 You, you're a rich young crypto guy. 488 00:25:12,240 --> 00:25:13,560 Don't you want to live in New York City? 489 00:25:13,560 --> 00:25:15,320 Not in the suburbs city. There's something there. 490 00:25:15,320 --> 00:25:17,440 So I, I I would think wizard. So is a fed. 491 00:25:17,440 --> 00:25:18,880 What do you think? Doesn't add up. 492 00:25:19,480 --> 00:25:22,240 It's very possible. So then Coop, Coop Capital this 493 00:25:22,240 --> 00:25:24,040 morning said yeah. Coop for sure. 494 00:25:24,160 --> 00:25:28,560 He knows they're deep because he says he was approached by the 495 00:25:28,560 --> 00:25:32,920 feds to to help be an agent and help them on the inside. 496 00:25:33,000 --> 00:25:35,600 So of course you can. You can never tell. 497 00:25:35,640 --> 00:25:39,880 But you know, he's public about all the, the, the money he takes 498 00:25:39,880 --> 00:25:41,840 to show tokens. Yeah. 499 00:25:42,640 --> 00:25:46,240 So he's, I don't know, it could be him as well. 500 00:25:46,240 --> 00:25:48,960 I'm actually scrolling through the fancy top list to see which 501 00:25:48,960 --> 00:25:50,840 of these fancy top influencers could be. 502 00:25:51,280 --> 00:25:54,880 I think Murad I would put him as like least likely. 503 00:25:56,080 --> 00:25:58,480 Yeah, let's hope not. Let's hope Murad's not. 504 00:25:59,480 --> 00:26:03,440 Now we put him as least likely, but what The thing is, like a 505 00:26:03,440 --> 00:26:05,440 lot of people, I think like, for example, whiz, I don't think he 506 00:26:05,440 --> 00:26:07,080 started as a fed. I think he was approached by 507 00:26:07,080 --> 00:26:09,280 feds and they were like, listen, you have no choice but to like 508 00:26:09,640 --> 00:26:11,400 become a fed. You know what I mean? 509 00:26:11,720 --> 00:26:13,400 Like, you know what I mean? Like I think like, for example, 510 00:26:13,400 --> 00:26:14,560 like what do you think about Onsen? 511 00:26:14,560 --> 00:26:17,320 Like do you think onsen's a fed? Like I think onsen's not a fed, 512 00:26:17,320 --> 00:26:19,880 but like I think he's a guy. They'll come to him because his 513 00:26:19,880 --> 00:26:22,680 main character of the cycle is like, yo, you either like become 514 00:26:22,680 --> 00:26:24,920 a fed or like, we're going to do this, this and that. 515 00:26:25,000 --> 00:26:27,040 But I think he but I think Onsen don't doesn't fall, you know 516 00:26:27,040 --> 00:26:29,320 what I mean? I think you look at the I think 517 00:26:29,320 --> 00:26:32,120 Onsen will look at the Feds, me that your hat stays on and then 518 00:26:32,120 --> 00:26:33,920 walk out. It it was funny. 519 00:26:33,920 --> 00:26:36,720 So I tweeted this this morning. There's actually a market on 520 00:26:36,720 --> 00:26:39,440 Poly market for Willie and some get arrested in 2024. 521 00:26:39,440 --> 00:26:42,960 And the odds briefly spiked to 50% last night after this news 522 00:26:42,960 --> 00:26:45,760 broke about got that. It's just funny. 523 00:26:45,760 --> 00:26:48,800 Like he he was the one that that came first to mind for for 524 00:26:48,800 --> 00:26:50,600 everyone. But yeah, I don't know. 525 00:26:50,600 --> 00:26:52,880 I meant to sit down and think about this to actually create a 526 00:26:52,880 --> 00:26:55,400 list. Yeah, that's a tricky question, 527 00:26:55,400 --> 00:26:59,480 but it does just like a reminder if folks are asking you to do 528 00:26:59,880 --> 00:27:02,080 shady things. Their heads. 529 00:27:02,320 --> 00:27:04,360 Don't do it. What about Rasmere like Rasmere 530 00:27:04,360 --> 00:27:07,320 like it's all of a sudden comes out, starts doing these videos 531 00:27:07,640 --> 00:27:10,200 could be could be a plant. I I would put Rasmere as like 532 00:27:11,120 --> 00:27:16,000 like in the middle, like 5050, you know, like Rasmere, all 533 00:27:16,000 --> 00:27:18,280 those the the LA creator crew, you know. 534 00:27:18,280 --> 00:27:21,200 Oh yeah, sucks. Like all of a sudden there's AD 535 00:27:21,200 --> 00:27:26,960 God's house with like Frank TG, like Mika Rasmer OG from what 536 00:27:26,960 --> 00:27:29,800 I'm picking up on the timeline, like 5050, right? 537 00:27:30,600 --> 00:27:32,160 Like what about what's going on in that house? 538 00:27:32,160 --> 00:27:34,000 Like do you think the feds like have a grasp on the House? 539 00:27:34,000 --> 00:27:35,960 It's. Very possible. 540 00:27:36,160 --> 00:27:37,400 Very possible. We'll see. 541 00:27:37,720 --> 00:27:39,520 Yeah, anyways, we, we're not ruling it out. 542 00:27:39,520 --> 00:27:45,080 We're not ruling it out for sure, you know, but anyways, so, 543 00:27:45,880 --> 00:27:48,280 So what now? So Godbeat, so Godbeat for for 544 00:27:48,280 --> 00:27:50,240 what it's worth, like the market making world is like pretty 545 00:27:50,240 --> 00:27:52,040 crazy. You got to push all sorts of 546 00:27:52,120 --> 00:27:53,640 wild people at these conferences. 547 00:27:54,200 --> 00:27:57,760 It seems like the Godbeat team were a little too aggressive 548 00:27:58,000 --> 00:28:02,720 when it came to like pumping and or and dumping these meme corns. 549 00:28:02,720 --> 00:28:05,560 I think it was was right that that that covered a few of their 550 00:28:05,560 --> 00:28:07,840 tweets. Zack XBT yesterday, everybody's 551 00:28:07,840 --> 00:28:11,040 cheating on him. Hey, he warned y'all Zackix BT 552 00:28:11,040 --> 00:28:13,680 warned the whole you know, he warned everyone and he called 553 00:28:13,680 --> 00:28:16,480 him out a while ago. So, you know, it looks like 554 00:28:17,760 --> 00:28:20,160 there's some crazy posts. I'm trying to find them of the 555 00:28:20,160 --> 00:28:24,280 Got bit team, like openly like like pumping their thing, like 556 00:28:24,280 --> 00:28:26,040 being cool, like say hey, we did that. 557 00:28:26,040 --> 00:28:29,040 You know what I mean? Yeah, I think that's a good way 558 00:28:29,040 --> 00:28:32,520 to to paint a bigger target on your back. 559 00:28:32,520 --> 00:28:35,160 I think was someone was saying there might be impacts to the 560 00:28:35,160 --> 00:28:37,240 meme coin market that people aren't interesting how much 561 00:28:37,680 --> 00:28:40,040 market making they did. I don't know. 562 00:28:40,040 --> 00:28:42,520 I mean, we'll, we'll see. I don't agree with that. 563 00:28:42,520 --> 00:28:45,120 I saw him go back and forth, Vision Harambe yesterday because 564 00:28:45,120 --> 00:28:47,360 there's a list of the Gobbit memes, which, you know, all the 565 00:28:47,360 --> 00:28:49,600 cabal memes that people see on the timeline pump. 566 00:28:49,600 --> 00:28:52,400 Those are the Gobbit memes. Like all like you guys listening 567 00:28:53,000 --> 00:28:55,920 like to the thing, like those were things with Nero. 568 00:28:55,920 --> 00:28:57,560 It was all that. Like if I read you the list 569 00:28:57,560 --> 00:28:58,520 right now, I'm just going to find it. 570 00:28:58,800 --> 00:29:01,320 But like, you're probably going to be like, Oh yeah, you know, I 571 00:29:01,320 --> 00:29:02,920 mean, that's probably going to be a reaction. 572 00:29:03,320 --> 00:29:06,160 But I don't think like Anilos. Yeah, like the reverse Solana. 573 00:29:06,600 --> 00:29:09,040 That was Robert thing that got that that got listed. 574 00:29:09,040 --> 00:29:10,080 Kukorn. Remember that one? 575 00:29:10,320 --> 00:29:15,000 So it's like baby doge Nero, like all of us that I don't 576 00:29:15,000 --> 00:29:16,960 think you and I even touched because we it was like, you 577 00:29:16,960 --> 00:29:17,640 missed him. Like what? 578 00:29:17,680 --> 00:29:19,080 How come I missed that? We never heard of it. 579 00:29:19,080 --> 00:29:20,280 And all of a sudden it's on Kukorn. 580 00:29:20,680 --> 00:29:22,560 Right. So it's like, but The thing is, 581 00:29:22,560 --> 00:29:24,520 what's what's more important with this title and what this 582 00:29:24,520 --> 00:29:25,960 could be bad. I don't think it's bad for the 583 00:29:25,960 --> 00:29:28,120 meme specifically like a one-on-one, but I think it's bad 584 00:29:28,120 --> 00:29:31,200 in general because Golby works very closely to a lot of your 585 00:29:31,200 --> 00:29:35,720 favorite central exchanges and they have an indictment. 586 00:29:35,960 --> 00:29:40,600 Indictment means that the DOJ can't, no, not can already has 587 00:29:40,680 --> 00:29:44,760 the phone, the texts, the emails, the telegrams, 588 00:29:44,840 --> 00:29:46,360 potentially all this stuff, right? 589 00:29:46,560 --> 00:29:51,440 So in six to 12 months from now or maybe 12 to 18, let's say 590 00:29:51,440 --> 00:29:54,800 when cycles pass, there's a lot of creators, you're going to see 591 00:29:54,800 --> 00:29:57,280 a lot of these KOL deals. Like this is going to come 592 00:29:57,280 --> 00:30:00,200 cracking down on the people that took these deals. 593 00:30:00,280 --> 00:30:03,320 I think this is going to this is going to be a slow bleed, but I 594 00:30:03,320 --> 00:30:05,600 think we're I wouldn't be surprised Tyler and we're going 595 00:30:05,600 --> 00:30:08,760 to look back at this show like in 18 to 24 months, like, oh, 596 00:30:08,760 --> 00:30:10,680 fuck, Oh, this person got and died or arrested. 597 00:30:10,720 --> 00:30:12,480 Oh no, like it was part of the carpet thing. 598 00:30:12,480 --> 00:30:14,200 I mean, that's why I think it's bad. 599 00:30:14,640 --> 00:30:17,320 Yeah, Yeah, it's it's time to to to clean your active if you 600 00:30:17,320 --> 00:30:18,880 haven't already. That that much is clear. 601 00:30:19,000 --> 00:30:21,960 I think things like this is a faster moving case too, right? 602 00:30:22,120 --> 00:30:24,680 There's a lot of this activity happened like six months ago, 6 603 00:30:24,680 --> 00:30:27,720 to 9 months ago. The water token, you know, 604 00:30:27,720 --> 00:30:29,520 Messi's page not long ago was involved in this. 605 00:30:29,760 --> 00:30:32,080 Yeah. And I think that's important 606 00:30:32,080 --> 00:30:36,400 because I feel like in the last few years we saw these headlines 607 00:30:36,400 --> 00:30:40,440 for things that happened like 2 to 3-4 years in the past and it 608 00:30:40,440 --> 00:30:43,520 took this long for charges to come and then to build their 609 00:30:43,520 --> 00:30:45,320 case. Well, guess what? 610 00:30:45,320 --> 00:30:49,120 Like this is accelerating. So like there's, you know, 611 00:30:49,120 --> 00:30:52,560 chances that, you know, themes from 2024 we're going to start 612 00:30:52,560 --> 00:30:54,160 are still going to start coming to light more. 613 00:30:55,400 --> 00:30:59,560 So we we will certainly see. I mean, look at the end of the 614 00:30:59,560 --> 00:31:02,280 day, like I think that messy thing, remember we covered it 615 00:31:02,280 --> 00:31:05,160 like that probably is what got, you know, the feds really like 616 00:31:05,160 --> 00:31:07,480 activate on this because they activated the most popular, one 617 00:31:07,480 --> 00:31:08,680 of the most popular men on Earth. 618 00:31:09,280 --> 00:31:10,840 That's how it is. It's always it's the ones that 619 00:31:10,840 --> 00:31:14,000 that use the celebrities that have the biggest reach that the 620 00:31:14,000 --> 00:31:17,640 most potential impact to hurt like you're you're more like 621 00:31:17,720 --> 00:31:21,840 average consumer or or. Messy man, messy is like has to 622 00:31:21,840 --> 00:31:23,800 be top 10 most followed Instagram pages on the planet, 623 00:31:23,800 --> 00:31:29,320 right so anyways, that's not great and I think this could you 624 00:31:29,320 --> 00:31:31,480 know, I don't know what that means for Binance and stuff, but 625 00:31:31,480 --> 00:31:34,240 those were all listed like buy bid binances of this world like 626 00:31:34,240 --> 00:31:36,800 again like these are Ku Korn of course was already in like the 627 00:31:36,960 --> 00:31:39,280 already an indictment right was indictment that Ku Korn has on 628 00:31:39,280 --> 00:31:42,440 the founders yeah, I think they. All have. 629 00:31:43,000 --> 00:31:44,760 Yeah. So, so this is not great. 630 00:31:44,840 --> 00:31:47,240 Of course, that's always like a little set back for the industry 631 00:31:47,240 --> 00:31:48,800 in general when those headlines come out. 632 00:31:49,840 --> 00:31:52,800 So it's yeah, Messi's the third most followed person on 633 00:31:52,800 --> 00:31:55,080 Instagram, brother. He's got half a billion 634 00:31:55,080 --> 00:31:58,400 followers. Yeah, that's how you get, that's 635 00:31:58,400 --> 00:32:00,200 how you get caught, right? Yeah. 636 00:32:00,440 --> 00:32:02,760 Anyways, let's talk to me about this plus token thing, because 637 00:32:02,760 --> 00:32:05,080 you mentioned this morning I didn't see it on anybody's page. 638 00:32:05,200 --> 00:32:09,000 What is that about? So it, it caught my attention 639 00:32:09,000 --> 00:32:11,920 because you know, we, we've been for the last few months, we've 640 00:32:11,920 --> 00:32:14,800 been talking about all the overhangs in, in Bitcoin and all 641 00:32:14,800 --> 00:32:18,440 the cell pressure, you know, back from seizures that took 642 00:32:18,440 --> 00:32:22,800 place back in 2021 or before it was mostly focused on Bitcoin. 643 00:32:22,800 --> 00:32:26,320 And now we're, we're starting to see some of that on Ethereum. 644 00:32:26,960 --> 00:32:31,200 So it, it turns out that, and I guess this happened back in 645 00:32:31,240 --> 00:32:33,400 August, but again, I didn't see anyone talking about it. 646 00:32:33,400 --> 00:32:36,120 Oh, in the last 24 hours it started actually moving. 647 00:32:36,440 --> 00:32:40,480 So this plus token scheme ended up raising like 542,008. 648 00:32:40,480 --> 00:32:42,440 That's worth $1.3 billion right now. 649 00:32:42,440 --> 00:32:46,560 It had been dormant for three years, but now it's on the move. 650 00:32:46,640 --> 00:32:52,200 So, so 7000 of the ETH have been moved to exchanges. 651 00:32:52,200 --> 00:32:56,440 So it looks like potentially being sold and and now you know, 652 00:32:56,440 --> 00:33:00,040 that's another potential huge overhaul overhang of cell 653 00:33:00,040 --> 00:33:02,120 pressure. I didn't really, I had this, 654 00:33:02,200 --> 00:33:04,600 this scheme wasn't on my radar. Apparently it's a multi 655 00:33:04,600 --> 00:33:09,200 $1,000,000 MLM crypto Ponzi from early 2018. 656 00:33:10,280 --> 00:33:15,680 They're arrested for this. There's a lot, but then this has 657 00:33:15,680 --> 00:33:19,280 kind of got my wheels spinning like there's probably more of 658 00:33:19,280 --> 00:33:23,560 these impacting ETH and like from IC OS and all the ETH rays. 659 00:33:23,560 --> 00:33:25,600 So there's probably these big whales and there there could be 660 00:33:25,600 --> 00:33:29,400 more overhangs coming on the ETH side as well. 661 00:33:29,880 --> 00:33:32,960 So that was some negative news. And then we got the Uniswap, 662 00:33:33,120 --> 00:33:36,640 which is certainly a positive for Uniswap, but perhaps a 663 00:33:36,640 --> 00:33:40,040 negative for Etherium. Interesting because. 664 00:33:40,440 --> 00:33:44,080 You won't have the ETH gas token involved as I understand it. 665 00:33:44,280 --> 00:33:47,080 I believe it's it's powered by UNI. 666 00:33:48,720 --> 00:33:50,840 Yeah. Oh, I see. 667 00:33:51,000 --> 00:33:52,360 Is it powered by Union? Is that confirmed? 668 00:33:52,360 --> 00:33:53,560 That's probably why it pumped, right? 669 00:33:53,880 --> 00:33:57,320 This broke right before the show so I just do want to be careful. 670 00:33:57,320 --> 00:34:00,840 I didn't have a chance to go through all the docks, but 671 00:34:01,480 --> 00:34:03,960 Hayden announced it Unit chain is going to be built on top of 672 00:34:03,960 --> 00:34:05,560 the Super chain. Nice. 673 00:34:05,880 --> 00:34:08,440 Fast provable block builder transactions are going to be 674 00:34:08,440 --> 00:34:09,920 fast. They're going to reduce MEV 675 00:34:10,000 --> 00:34:11,719 loss. Let's go. 676 00:34:12,080 --> 00:34:17,320 Centralized validators, MIT licensed, Yeah. 677 00:34:17,320 --> 00:34:22,480 So they're going to have their own being on top of Ethereum. 678 00:34:22,639 --> 00:34:27,440 But yeah, the initial reactions I saw were that this would mean 679 00:34:27,639 --> 00:34:31,520 less use of ETH. As as I guess, decentralized 680 00:34:31,520 --> 00:34:35,320 super chain, it's not a chain, it's a super chain. 681 00:34:36,000 --> 00:34:40,159 That's right. Interesting. 682 00:34:40,600 --> 00:34:42,480 It's interesting this is aside to do this now, right? 683 00:34:42,480 --> 00:34:45,560 Mini swap was at the top and is at the top since very long time. 684 00:34:46,960 --> 00:34:50,400 I mean in crypto you're sorry, but interesting. 685 00:34:50,800 --> 00:34:51,840 What do you think of that decision? 686 00:34:51,840 --> 00:34:56,080 You think it's it's interesting they got a chain right, 'cause 687 00:34:56,080 --> 00:34:57,960 you're. Getting this like partitioned 688 00:34:57,960 --> 00:35:00,560 away, it's all like getting everything is sitting on top of 689 00:35:00,560 --> 00:35:05,880 it, but you know, more and more. Oh, when I click on super chain 690 00:35:05,880 --> 00:35:08,520 it goes to the optimism website. So it looks like it's probably a 691 00:35:08,800 --> 00:35:12,640 roll up of some sorts, right? Optimism is a core part of the 692 00:35:12,640 --> 00:35:16,120 Super chain. That built me the home of 693 00:35:16,120 --> 00:35:17,400 define. That could be interesting. 694 00:35:19,440 --> 00:35:22,360 I I mean the mark. Lighting your swap popped on the 695 00:35:22,360 --> 00:35:24,080 news. I think it was the top mover on 696 00:35:24,080 --> 00:35:25,320 the day. Yeah, it was. 697 00:35:25,480 --> 00:35:27,800 It was the only point that really was up significantly on 698 00:35:27,800 --> 00:35:30,640 the 24 hours. Yeah, temporary news. 699 00:35:31,240 --> 00:35:35,600 Yeah, big news for D5 and the other big news for D5 is Trump 700 00:35:35,600 --> 00:35:40,600 D5, Yeah, coming to the US swap. Donnie T baby. 701 00:35:40,600 --> 00:35:43,840 Coming to Ave., Sorry, so 2 so 2 stories. 702 00:35:43,840 --> 00:35:46,080 The 1st news broke yesterday. Actually I think D Crypt broke 703 00:35:46,080 --> 00:35:47,480 the news. I didn't see anyone else talking 704 00:35:47,480 --> 00:35:50,280 about it. That World Liberty Financial 705 00:35:50,280 --> 00:35:54,080 proposed launching of Ave. It's going to be pretty enticing 706 00:35:54,080 --> 00:35:56,160 for the avenue. Now they're giving them 20% of 707 00:35:56,160 --> 00:36:02,160 protocol fees, 7% of the tokens as it's going to plan to launch 708 00:36:02,160 --> 00:36:05,240 with ETH, RAP, Bitcoin and stable coins for deposits. 709 00:36:05,240 --> 00:36:09,640 Requires accredited develop accredited investors for early 710 00:36:09,640 --> 00:36:13,240 access. And then we got the news of this 711 00:36:13,240 --> 00:36:16,640 token this morning. Apparently the road map leaked 712 00:36:17,360 --> 00:36:20,400 the the block share this. So they're raising $300 million 713 00:36:20,400 --> 00:36:23,440 in a $1.5 billion valuation. Tokens are are going to be a 714 00:36:23,440 --> 00:36:27,120 government's token locked for a year, so they will not be 715 00:36:27,120 --> 00:36:29,440 sellable for a full year as we understand it. 716 00:36:29,760 --> 00:36:32,480 They also shared a glimpse of the three phase Rd. maps they're 717 00:36:32,480 --> 00:36:35,520 going to launch on Ave. first. The second phase is to integrate 718 00:36:35,520 --> 00:36:40,160 with exchanges, yet let users on ramp and and off chip off ramp 719 00:36:40,160 --> 00:36:42,160 via KYC. They also want to create a 720 00:36:42,160 --> 00:36:45,920 stable coin focused credit card for helping people to spend 721 00:36:45,920 --> 00:36:48,240 their tokens in the real world in the final phase. 722 00:36:48,240 --> 00:36:50,840 The third phase is to fractionalize real world assets 723 00:36:51,320 --> 00:36:54,200 and obtain a regular regulatory license to do so, including 724 00:36:54,200 --> 00:36:57,960 hotels and sports clubs, while also becoming a settlement 725 00:36:57,960 --> 00:37:01,160 platform for stable coins. So it's a big vision. 726 00:37:02,040 --> 00:37:06,160 I did hear on the nifty show that this morning in the in the 727 00:37:06,160 --> 00:37:09,120 fine print that the Trump family perhaps is distancing themselves 728 00:37:09,480 --> 00:37:12,920 from this and then they say they are not officially tied to the 729 00:37:13,000 --> 00:37:14,760 the project. So I thought that was notable 730 00:37:16,000 --> 00:37:17,280 because. World liberty defy. 731 00:37:18,200 --> 00:37:19,840 From from World Liberty Financial. 732 00:37:20,320 --> 00:37:22,280 Yeah. So I don't know if you have more 733 00:37:22,280 --> 00:37:23,520 insight from talking to them directly. 734 00:37:23,520 --> 00:37:26,560 I mean, during your conversation it sure seemed like. 735 00:37:26,560 --> 00:37:31,400 I have no more insight than my interview on the 16th, but if 736 00:37:31,400 --> 00:37:36,120 you go on Eric Trump's account like he's still, it's all there. 737 00:37:36,120 --> 00:37:38,280 It's retweeted Don Junior as well. 738 00:37:38,800 --> 00:37:41,800 The original, the original site had Baron as the D5 visionary. 739 00:37:41,800 --> 00:37:44,280 Like they're all like on the project page. 740 00:37:44,680 --> 00:37:47,520 I, I, I can't find that project page anymore though, so I think 741 00:37:47,520 --> 00:37:50,520 they may have either behind. It's either it's behind that KYC 742 00:37:50,520 --> 00:37:53,800 wall now, or perhaps they've changed it. 743 00:37:54,920 --> 00:37:59,640 I I don't know, I don't have more information than than than 744 00:37:59,640 --> 00:38:05,640 like than you per SE. But but but like it would be, I 745 00:38:05,640 --> 00:38:07,600 don't think they would like just like cancel. 746 00:38:07,600 --> 00:38:10,320 You know, the thing like we just did a whole thing where like I, 747 00:38:10,320 --> 00:38:13,440 Lydia had Donald Trump sing in front of me and then his kids 1 748 00:38:13,440 --> 00:38:15,280 by 1 doing interviews about the project. 749 00:38:15,280 --> 00:38:17,080 Like a it's not even a month ago. 750 00:38:17,520 --> 00:38:20,680 It's three weeks ago. I don't think it's true that 751 00:38:20,680 --> 00:38:21,840 they they've separated themselves. 752 00:38:21,840 --> 00:38:24,640 But again, I don't know. It's, I mean, it's a big raise 753 00:38:24,640 --> 00:38:27,600 to 1.5 billion. So like Ave. so like this is 754 00:38:27,600 --> 00:38:30,040 going to be an instance of Ave. they're they're trying to launch 755 00:38:30,040 --> 00:38:32,080 here. I mean, Ave. itself is 2.1 756 00:38:32,480 --> 00:38:35,640 billion of market cap right now. So they're launching at they're 757 00:38:35,640 --> 00:38:39,920 raising at 75% of that right now. 758 00:38:40,800 --> 00:38:44,920 So certainly a big number if they're able to pull that off. 759 00:38:45,640 --> 00:38:47,400 I mean, it's interesting. I mean, it, it seems like a 760 00:38:47,400 --> 00:38:50,480 legitimate D5 protocol vision here. 761 00:38:51,280 --> 00:38:53,600 And I think we we've seen like I've got like the anti Trump 762 00:38:53,600 --> 00:38:56,480 version in my comments, like calling it a rug already. 763 00:38:56,480 --> 00:39:00,840 Like I'm not really sure how it would rug with with tokens that 764 00:39:00,840 --> 00:39:03,520 aren't transferable for a year unless they just don't they 765 00:39:03,520 --> 00:39:04,920 raise the money, just don't deliver. 766 00:39:05,200 --> 00:39:07,200 But I think it's a little early, early for that. 767 00:39:07,200 --> 00:39:08,560 And this isn't a meme coin launch. 768 00:39:08,560 --> 00:39:12,240 Like this is an actual protocol and platform to try to build 769 00:39:12,600 --> 00:39:15,200 with like a A use case. I think most people would agree 770 00:39:15,200 --> 00:39:20,040 is a a nice use case, right? Like I, I can see real, real 771 00:39:20,040 --> 00:39:22,160 value in this if they're able to pull it off. 772 00:39:22,720 --> 00:39:24,880 So it's going to be interesting to track. 773 00:39:24,880 --> 00:39:26,200 It looks like they are starting to move forward. 774 00:39:26,200 --> 00:39:28,720 So I think this raise, I mean, it looks like they're trying to 775 00:39:28,720 --> 00:39:31,120 launch this ahead of the election, but I think it was a 776 00:39:31,120 --> 00:39:33,160 lot of folks questions like would they do this before or 777 00:39:33,160 --> 00:39:34,440 after? It looks like it the. 778 00:39:34,440 --> 00:39:36,760 Fact that the token is non transferable perhaps gives them 779 00:39:36,760 --> 00:39:40,120 a little bit more leeway there. But yeah, it looks like this is 780 00:39:40,120 --> 00:39:47,760 going to get done soon. Yeah, it's, it's, it's, I mean, 781 00:39:47,760 --> 00:39:48,840 I don't know. I don't have the dates. 782 00:39:48,840 --> 00:39:51,560 I, I generally don't have any more information than you guys, 783 00:39:52,160 --> 00:39:53,360 but we'll see what happens there. 784 00:39:53,360 --> 00:39:55,480 I mean, at least it's with Ave. which is, which is pretty good, 785 00:39:55,480 --> 00:39:57,640 right, in terms of like security, etcetera. 786 00:39:58,040 --> 00:40:02,160 So, so, so we'll see where, where that takes them. 787 00:40:02,160 --> 00:40:04,160 What else? What else? 788 00:40:04,160 --> 00:40:07,840 Most of the big headlines, the stripe thing, again, they 789 00:40:07,840 --> 00:40:10,160 announced it back in April, huge news. 790 00:40:10,160 --> 00:40:12,240 But now it's a fine, it's finally live. 791 00:40:12,320 --> 00:40:16,840 So all of their merchants in 150 different countries will be able 792 00:40:16,840 --> 00:40:20,080 to accept crypto and then it'll convert to Fiat behind the 793 00:40:20,080 --> 00:40:22,200 scenes. So Stripe is taking care of 794 00:40:22,200 --> 00:40:24,280 that. So like if you were a merchant 795 00:40:24,400 --> 00:40:25,840 like you might as well accept it. 796 00:40:26,160 --> 00:40:28,360 Like there, there's not really much much downside. 797 00:40:29,240 --> 00:40:32,000 I think it's a one point. I think Stripe does take a 1.5% 798 00:40:32,000 --> 00:40:33,000 fee. I actually don't know how that 799 00:40:33,000 --> 00:40:36,560 compares to the normal Fiat transactions. 800 00:40:37,360 --> 00:40:39,760 Off the top of my head that there's $10,000 limits per 801 00:40:39,760 --> 00:40:41,600 crypto transaction, 100,000 per month. 802 00:40:42,160 --> 00:40:45,440 Again, the 1.5% fee, but I mean, I was looking, I wrote this up 803 00:40:45,440 --> 00:40:48,600 from the newsletter this morning just for again perspective on 804 00:40:48,600 --> 00:40:50,680 Stripe size. They, they process 1 trillion in 805 00:40:50,680 --> 00:40:54,640 payments in 2023. They service 2.8 million 806 00:40:55,080 --> 00:40:56,880 websites. Just a massive player. 807 00:40:56,880 --> 00:41:01,120 So we've got PayPal deep in the space, we've got Stripe again, I 808 00:41:01,120 --> 00:41:04,560 think this is an important signal just to the broader 809 00:41:04,560 --> 00:41:08,800 market about, you know, a major player getting into this space. 810 00:41:08,800 --> 00:41:11,840 And then also again, like I keep coming back to this, it's the 811 00:41:12,080 --> 00:41:15,200 the Holy Grail of crypto holders not having to sell their crypto 812 00:41:15,200 --> 00:41:17,240 for Fiat to buy things in the real world. 813 00:41:17,240 --> 00:41:19,520 Again, we're getting closer to that. 814 00:41:19,880 --> 00:41:25,480 So it's good progress. I, I think that, you know, I, I 815 00:41:25,480 --> 00:41:27,920 think that a lot of the adoption is just going to happen that way 816 00:41:27,960 --> 00:41:30,360 and it's just going to normalize crypto in general, Like that's, 817 00:41:30,400 --> 00:41:31,680 that's the adoption of people. I think. 818 00:41:32,200 --> 00:41:34,080 Remind me some good points. Remember the other day was like, 819 00:41:34,080 --> 00:41:36,400 let's be honest, like crypto right now, like the only like 820 00:41:36,640 --> 00:41:40,000 utility or whatever like thing happening, Crypto is this or 821 00:41:40,000 --> 00:41:41,360 that, right? It's like meme coins or it's 822 00:41:41,360 --> 00:41:44,240 like that making more money and let's not kid ourselves with 823 00:41:44,240 --> 00:41:45,600 like useless utilities, etcetera. 824 00:41:45,600 --> 00:41:47,760 I think some people are reporting on that after too, but 825 00:41:47,760 --> 00:41:51,160 it's like also just crypto as a means of like money, right? 826 00:41:51,160 --> 00:41:54,720 Being able to pay for things in crypto across the board is 827 00:41:54,720 --> 00:42:00,440 something that that, that, that people, you know, care about the 828 00:42:00,440 --> 00:42:01,600 most. And then that's what gets people 829 00:42:01,600 --> 00:42:03,440 hooked on to the casino side of it, you know? 830 00:42:03,960 --> 00:42:05,880 Yeah, it's not accepted. I don't think it's a consensus 831 00:42:05,880 --> 00:42:09,040 opinion that that crypto's money yet at all at all. 832 00:42:09,240 --> 00:42:11,240 The documentary, the Satoshi documentary just showed that 833 00:42:11,240 --> 00:42:14,640 like it came across very much like, oh, is this a scam? 834 00:42:14,640 --> 00:42:16,600 Like this is the biggest scam of all time. 835 00:42:16,600 --> 00:42:19,640 And then there was no real mentions of it, you know, being. 836 00:42:19,640 --> 00:42:21,160 100%. So. 837 00:42:21,680 --> 00:42:24,160 Yeah. I think we're a few years out, 838 00:42:24,920 --> 00:42:26,480 but again, you know, chipping away. 839 00:42:27,080 --> 00:42:29,640 Yep, 100 percent, 100%. What else did I miss? 840 00:42:29,640 --> 00:42:30,240 Anything. But I know. 841 00:42:30,280 --> 00:42:32,120 I think we got, yeah. Before we wrap up just quickly 842 00:42:32,120 --> 00:42:34,440 I'll I got I got to go for my Maraud list. 843 00:42:34,960 --> 00:42:36,560 Oh, we just we. Just see a couple. 844 00:42:36,560 --> 00:42:40,560 I love it. A couple big moves on the board. 845 00:42:40,560 --> 00:42:43,040 So just for starters, but the board is actually mostly red. 846 00:42:43,720 --> 00:42:45,800 Mini was the big winner. It's up 40%. 847 00:42:45,800 --> 00:42:47,880 I feel like every day, even on red days, we're having like at 848 00:42:47,880 --> 00:42:52,120 least one or two winners, USA grinding up a bit as well. 849 00:42:52,120 --> 00:42:55,600 The most interesting was SPX. So SPX hit 600 million yesterday 850 00:42:55,600 --> 00:43:01,400 morning and then a whale unclipped $1.1 million worth in 851 00:43:02,720 --> 00:43:04,320 basically in a single transaction. 852 00:43:04,960 --> 00:43:08,920 It whipped down to like 303 hundred 20 million, but then it 853 00:43:08,920 --> 00:43:11,200 rebounded really quickly. So I think that somewhat 854 00:43:11,200 --> 00:43:13,240 notable. Yeah, everyone talks about So 855 00:43:13,240 --> 00:43:14,720 what happens when these whales sell? 856 00:43:14,720 --> 00:43:20,120 We saw one sell $1.1 million worth and it recovered pretty 857 00:43:20,120 --> 00:43:22,240 well. I mean, I think if you're an SPX 858 00:43:22,240 --> 00:43:25,160 holder, I think you're pretty happy with that recovery and the 859 00:43:25,160 --> 00:43:28,000 fact that you're someone was able to unclip 1.1 million 860 00:43:30,240 --> 00:43:32,280 without a huge impact. So we'll see. 861 00:43:32,280 --> 00:43:34,400 There's a lot of Amanda talked about on the show when you do 862 00:43:34,400 --> 00:43:38,920 the the market cap math versus holders, there's a lot of SPSPX 863 00:43:38,920 --> 00:43:40,440 holders who who are holding a lot. 864 00:43:40,760 --> 00:43:41,440 Right. Well, you think there's 865 00:43:41,440 --> 00:43:42,760 probably. Going to be more of this. 866 00:43:43,160 --> 00:43:45,040 How wild is how wild is this thing? 867 00:43:45,040 --> 00:43:48,760 It's like a 50% candle, right? Like how wild is this? 868 00:43:48,760 --> 00:43:51,600 Imagine you're just a holder and like, oh shit, 'cause we're out 869 00:43:51,600 --> 00:43:52,720 selling. It's like, no, he's not. 870 00:43:52,760 --> 00:43:55,640 We always go out and. Sell it was also on the day like 871 00:43:55,640 --> 00:43:58,280 this was just a few hours after like Zach came out and like a 872 00:43:58,280 --> 00:44:00,720 close swallow as a maybe. Someone got shaken out. 873 00:44:01,240 --> 00:44:03,640 Maybe someone got scared. Although I mean the person they 874 00:44:03,720 --> 00:44:09,040 feel like they're, they put $100,000 in 21 to 25 days ago. 875 00:44:09,080 --> 00:44:11,160 Can you blame? Him then in three weeks they 876 00:44:11,200 --> 00:44:13,120 they, they turned 1,000,000 profit. 877 00:44:13,120 --> 00:44:14,360 Like that's, that's a good trade. 878 00:44:14,680 --> 00:44:17,680 Can you blame them? Like that's what I said when you 879 00:44:17,680 --> 00:44:20,760 sent it to me. I was like trade, like, you know 880 00:44:20,760 --> 00:44:22,920 what I mean? Like, OK, Because that's the 881 00:44:22,920 --> 00:44:25,360 point where you ask yourself, what am I after? 882 00:44:25,360 --> 00:44:28,640 Another 2X, Another 5X. You've made a million, one out 883 00:44:28,640 --> 00:44:32,200 of 100K, you're up in 11X. You could probably buy 10 coins 884 00:44:32,200 --> 00:44:35,520 for 100K now and go back to sleep for another two months 885 00:44:35,520 --> 00:44:37,640 again. And then I mean like, I don't 886 00:44:37,640 --> 00:44:39,680 know. That's the mistake I made in Q1. 887 00:44:39,680 --> 00:44:42,960 I had a few bags run up pretty high like I was warned, like the 888 00:44:43,000 --> 00:44:45,160 the next two X from there. So you have to be happy. 889 00:44:45,160 --> 00:44:48,240 I mean, buddy pups, right? Buddy Tyler. 890 00:44:48,240 --> 00:44:50,720 Tyler did it. And 169 million we're, we're, 891 00:44:50,720 --> 00:44:54,040 we're back Pups is back at 169. So it's it's a fundamental 892 00:44:54,040 --> 00:44:55,280 number. Bitcoin puppets. 893 00:44:55,280 --> 00:44:57,920 Not not not so far from the node monkeys right now, Not so. 894 00:44:57,960 --> 00:44:59,040 Did you buy your puppet in the end? 895 00:44:59,280 --> 00:45:00,640 I did, I bought a puppet yesterday. 896 00:45:01,040 --> 00:45:04,440 Which one? My apologies to the node monkey 897 00:45:05,000 --> 00:45:08,400 family. I sold one and bought a puppet 898 00:45:08,400 --> 00:45:11,480 with the proceeds. Oh, oh, you heard that? 899 00:45:11,560 --> 00:45:13,440 You heard that. I love that anyway. 900 00:45:13,600 --> 00:45:16,160 There's more and more chatter on the timeline about ordinals and 901 00:45:16,160 --> 00:45:18,160 runes. There's a lot of talk about pups 902 00:45:18,160 --> 00:45:20,800 and puppets. There's zero talk about nerd 903 00:45:20,800 --> 00:45:22,840 monkeys. Like that's just, that's just my 904 00:45:22,840 --> 00:45:25,280 read and this is an attention game. 905 00:45:26,040 --> 00:45:28,440 Yeah, sorry, EV. EV is asking where's your your 906 00:45:28,440 --> 00:45:30,280 pizza ninja is. I'm sorry, he's a Bitcoin 907 00:45:30,280 --> 00:45:31,200 puppet. Now you know why? 908 00:45:31,240 --> 00:45:33,600 I'll tell you why. Because Bitcoin puppets are the 909 00:45:33,600 --> 00:45:35,440 first Bitcoin puppets of Bitcoin. 910 00:45:37,120 --> 00:45:37,520 I'm right?