1 00:00:00,160 --> 00:00:02,840 Well, TM everyone. And then there were two only me 2 00:00:02,840 --> 00:00:05,800 and OSF. On today's show, OSF looks about 3 00:00:05,800 --> 00:00:09,400 a 5 out of 10 I would say. Thanks mate. 4 00:00:10,280 --> 00:00:11,120 Big night. Was it? 5 00:00:11,160 --> 00:00:15,440 Or you've just woken up? Basically so. 6 00:00:16,280 --> 00:00:19,520 I've not just woken up, but I worked out this morning. 7 00:00:20,200 --> 00:00:24,560 Really worked. Out this morning and his audio's 8 00:00:24,560 --> 00:00:26,040 gone. It's a good start. 9 00:00:26,040 --> 00:00:29,800 It's a strong start. One man show, one down, one to 10 00:00:29,800 --> 00:00:32,200 go look at. Today is going to be the classic 11 00:00:32,200 --> 00:00:35,680 show that we've been doing for the last the last few days. 12 00:00:35,680 --> 00:00:37,600 It's going to be the five or six top things. 13 00:00:37,600 --> 00:00:39,920 Unfortunately, Cali can make it today. 14 00:00:39,920 --> 00:00:42,760 He's in Italy for Oak, is in flying back, I believe from 15 00:00:42,760 --> 00:00:45,400 Singapore had a great time. He's going to be in Europe next 16 00:00:45,400 --> 00:00:47,680 week. So it's just going to be OSF and 17 00:00:47,680 --> 00:00:52,960 myself. We are sponsored by cracking NFT 18 00:00:53,400 --> 00:00:54,840 crack and crack and crack and NFT. 19 00:00:54,840 --> 00:00:58,160 They came on the show last week. They are they're going to be our 20 00:00:58,160 --> 00:00:59,720 sponsor for the whole month. They're going to arrange 21 00:00:59,720 --> 00:01:01,520 different things with the rug radio crew. 22 00:01:01,840 --> 00:01:03,800 Check themoutcrackand.com for slash rug radio. 23 00:01:03,800 --> 00:01:07,360 They are obviously moving into the NFT exchange space. 24 00:01:07,360 --> 00:01:10,680 We wish them all the best. I'm sure there is wood to chop 25 00:01:11,440 --> 00:01:14,280 and they are primed to do it. We're also going to be we're 26 00:01:14,560 --> 00:01:15,960 also going to have Alien Queen on the show. 27 00:01:15,960 --> 00:01:17,800 We had her on Monday talk through her. 28 00:01:18,280 --> 00:01:23,780 Her burn stubs burn you that that burning is already open. 29 00:01:23,780 --> 00:01:26,220 I've put it in the show notes. It's an awesome piece. 30 00:01:26,220 --> 00:01:27,620 We will have her on to take a look through it. 31 00:01:27,620 --> 00:01:29,620 I know Seth you missed you missed her on Monday. 32 00:01:30,460 --> 00:01:34,620 But we will we will get to her probably in the next 25 minutes. 33 00:01:35,300 --> 00:01:37,180 Are you back? Is your, is your audio? 34 00:01:37,740 --> 00:01:39,620 Is back. Yeah, I can hear you. 35 00:01:39,620 --> 00:01:40,980 Your audio is back. Awesome. 36 00:01:41,420 --> 00:01:44,700 All right, well, we'll dive straight into it, which I think 37 00:01:44,700 --> 00:01:47,020 the crypto is kind of unchanged overnight. 38 00:01:47,020 --> 00:01:48,540 There's nothing really to report. 39 00:01:50,880 --> 00:01:52,480 Yeah, I saw some massive volumes. 40 00:01:52,600 --> 00:01:57,280 You've seen this this thing Hifi, it's doing what cyber did 41 00:01:57,280 --> 00:01:59,800 last week. So like crazy volumes going 42 00:01:59,800 --> 00:02:01,560 through one of these small tickers and it's being 43 00:02:01,800 --> 00:02:04,120 manipulated by that DWF market maker. 44 00:02:04,480 --> 00:02:07,680 Other than that, crypto seems to have been marginally lower, 45 00:02:07,680 --> 00:02:12,400 maybe 1% lower from yesterday, but still broadly held onto the 46 00:02:12,400 --> 00:02:14,320 gains that it had. That seems to be getting lower 47 00:02:14,320 --> 00:02:17,640 as the day goes on though. The main thing that did happen 48 00:02:17,640 --> 00:02:21,880 though overnight is friend tech had a bit of a went a bit South 49 00:02:22,480 --> 00:02:25,920 and you saw, I mean it was hitting at the highs for a 50 00:02:25,920 --> 00:02:29,600 number of different metrics again and then suddenly it's it 51 00:02:29,600 --> 00:02:33,120 all seemed to go a bit SI think most most prices went down 52 00:02:33,400 --> 00:02:36,240 3040%. It all seemed to coincide with 53 00:02:36,240 --> 00:02:39,440 Steve Aoki joining the platform which as everyone knows is is a 54 00:02:39,640 --> 00:02:42,400 is a bit of a curse for for most most things in crypto. 55 00:02:43,200 --> 00:02:46,320 He actually saw his his own friend tech go up to like 1.8 56 00:02:46,560 --> 00:02:49,000 and then he bought the top of his Eventec, which is just like, 57 00:02:49,000 --> 00:02:52,600 I don't know, I hope he squared. What do you think? 58 00:02:52,600 --> 00:02:55,680 You think you think this this is just temporary, or you reckon 59 00:02:55,680 --> 00:02:57,880 we'll rebound? I think we'll rebound. 60 00:02:57,880 --> 00:03:00,400 I think there's too much going on, too much curiosity for it to 61 00:03:00,560 --> 00:03:04,000 just go away. People will continue to farm 62 00:03:04,000 --> 00:03:05,800 airdrops. I think you'll get like the 63 00:03:05,800 --> 00:03:08,480 farmer crowd from Blair, etcetera, come in to Friend Tech 64 00:03:08,480 --> 00:03:10,120 and figure out ways to bought it etcetera. 65 00:03:11,720 --> 00:03:14,800 I also think you might typically see selling. 66 00:03:15,460 --> 00:03:19,100 Of stuff into Friday, which is when you get the AirDrop points. 67 00:03:19,460 --> 00:03:21,500 So I don't know, some people were talking about that. 68 00:03:21,500 --> 00:03:22,820 Maybe that's to do with it as well. 69 00:03:24,380 --> 00:03:28,580 And I also think a lot of people were in early and there's a lot 70 00:03:28,580 --> 00:03:31,380 of people have made five to 10 X's on their staff. 71 00:03:31,380 --> 00:03:33,340 So it just seems like a natural profit taking point for a lot of 72 00:03:33,340 --> 00:03:36,740 people. But you've seen the growth stats 73 00:03:36,780 --> 00:03:41,260 of like, I think Tyler, Tyler D post them every day and it's 74 00:03:41,260 --> 00:03:44,260 pretty exponential growth stats both in terms of TVL. 75 00:03:44,710 --> 00:03:46,870 And number of users. And it's hard for me to think 76 00:03:47,790 --> 00:03:49,870 maybe that I mean that the rate of growth obviously eventually 77 00:03:49,870 --> 00:03:52,390 slows down, but I think it keeps growing because there's just 78 00:03:52,390 --> 00:03:54,430 nothing else going on right now. Like crypto is pretty darn 79 00:03:54,430 --> 00:03:56,030 boring. There's nothing really going on 80 00:03:56,030 --> 00:03:58,110 in shit coins, nothing really going on in NFTS. 81 00:03:58,430 --> 00:04:00,990 And this is a platform that people are making money on. 82 00:04:01,350 --> 00:04:03,910 It's pretty degenerate and it stretch your ego. 83 00:04:03,910 --> 00:04:07,710 So it's just like the ultimate thing to spend time on I think. 84 00:04:08,750 --> 00:04:11,510 And I think you will see more and more people start to use it 85 00:04:11,510 --> 00:04:14,720 in my opinion. Yeah they actually, I'm just 86 00:04:14,720 --> 00:04:17,360 sharing my screen now, seems that if you I'll produce you can 87 00:04:17,360 --> 00:04:21,440 see that. But we are overtook Lido for 88 00:04:21,480 --> 00:04:25,480 fees generated. It overtaken Bitcoin recently 89 00:04:25,800 --> 00:04:27,760 but now seems to be just behind Ethereum. 90 00:04:27,760 --> 00:04:30,120 I don't know if this is a top signal or not, but that is a 91 00:04:30,120 --> 00:04:32,520 crazy amount for it to be just behind Ethereum. 92 00:04:32,520 --> 00:04:37,920 Now in terms of fees generated, that's one day $2.22 million 93 00:04:37,920 --> 00:04:40,040 worth of fees. It's kind of nuts. 94 00:04:40,040 --> 00:04:41,800 But yeah, Friday is the big air drop day. 95 00:04:42,820 --> 00:04:46,020 I I saw a couple of things. It it seems like the majority of 96 00:04:46,020 --> 00:04:48,900 the air drops are just tied to the value of the portfolio that 97 00:04:48,900 --> 00:04:49,940 you have. Yeah. 98 00:04:49,940 --> 00:04:54,340 So far more than like if you're a creator, if you actually own a 99 00:04:54,340 --> 00:04:56,820 large portfolio, you get a lot of lot of points. 100 00:04:57,460 --> 00:04:59,540 So I think that's going to be important for people. 101 00:04:59,540 --> 00:05:01,540 But there's also this whole idea of three. 102 00:05:01,540 --> 00:05:04,420 Three, you meant to hold on to the keys for as long as possible 103 00:05:04,420 --> 00:05:05,860 to get the maximum number of air drops. 104 00:05:05,860 --> 00:05:08,500 So I'm surprised you had to sell off before this Friday, but 105 00:05:08,500 --> 00:05:12,470 maybe it's just because people like they just brought forward 106 00:05:12,470 --> 00:05:14,350 the idea that they would set up after that AirDrop hit. 107 00:05:14,350 --> 00:05:16,350 So maybe it's just coming into that. 108 00:05:17,510 --> 00:05:21,470 But yeah, Ioki strikes again tired. 109 00:05:21,470 --> 00:05:25,950 I'll just share his daily stats. But metrics volume hit 20 110 00:05:25,950 --> 00:05:27,230 million, you're at the high sell. 111 00:05:27,230 --> 00:05:29,590 Volume almost outpaces by volume. 112 00:05:29,590 --> 00:05:33,510 So kind of the same 9000 new users sign up. 113 00:05:34,000 --> 00:05:36,880 I've, I mean I mean I'm on one of those bot things that tells 114 00:05:36,880 --> 00:05:39,920 you when a new user signs up and there's just so many new people 115 00:05:39,920 --> 00:05:41,560 coming to that platform every single day. 116 00:05:42,960 --> 00:05:45,560 But the TVI did slightly full obviously. 117 00:05:46,000 --> 00:05:49,520 I hope you made this move and that was that was one of the 118 00:05:49,520 --> 00:05:53,280 main people but then you had people across business, sports, 119 00:05:53,280 --> 00:05:55,760 food, me named a few different people. 120 00:05:55,760 --> 00:05:59,280 So it's yeah, it's going to be interesting to see where this 121 00:05:59,280 --> 00:06:01,860 one develops. I don't think it's over, but I 122 00:06:01,860 --> 00:06:05,260 do think it got a bit bit frothy versus the number of users 123 00:06:05,260 --> 00:06:07,660 there, right. So maybe we need to see some 124 00:06:07,660 --> 00:06:10,620 user growth for it to to it to kind of push on from there. 125 00:06:10,620 --> 00:06:13,220 So I want to keep an eye on, there'll be a lot of people 126 00:06:13,220 --> 00:06:15,460 posting how many points they got on friend tech today. 127 00:06:16,380 --> 00:06:18,860 And I think it's going to become even more clear what's what's 128 00:06:18,860 --> 00:06:21,540 like the main thing driving driving those points. 129 00:06:21,780 --> 00:06:24,740 I think it's will mean even more farming. 130 00:06:27,060 --> 00:06:35,450 The the second thing today was where do I put my show notes 131 00:06:35,450 --> 00:06:38,650 here? Yeah, the 2023 lows, have we 132 00:06:38,650 --> 00:06:40,490 seen them? There's a few different 133 00:06:40,490 --> 00:06:43,250 technical factors that were breached yesterday. 134 00:06:43,250 --> 00:06:47,530 I think Bitcoin ends up going above it's like 200 day 4 hour 135 00:06:48,730 --> 00:06:51,530 chart or something like that. So a lot of technical people 136 00:06:51,530 --> 00:06:53,290 were like oh maybe we're going to go slightly higher. 137 00:06:55,840 --> 00:06:57,280 Lows were at the start of the year, right? 138 00:06:57,280 --> 00:07:02,080 They were, they were 20K roughly all just under that 18K. 139 00:07:02,080 --> 00:07:05,600 I think I'm Bitcoin and and like 1200 area on East where as we 140 00:07:05,600 --> 00:07:09,120 were heading lower towards 1500, everyone was like oh this could 141 00:07:09,120 --> 00:07:11,240 go all the way down even further. 142 00:07:11,680 --> 00:07:13,080 What do you think? Do you think we can we could 143 00:07:13,080 --> 00:07:16,600 breach them at all OSF or do you think it's kind of we're kind of 144 00:07:16,760 --> 00:07:19,240 sideways or slightly hard from here for the rest of the year? 145 00:07:20,920 --> 00:07:23,800 It's tough to say. It's tough to extrapolate to the 146 00:07:23,800 --> 00:07:27,530 rest of the year because. You have the Binance thing in 147 00:07:27,530 --> 00:07:29,690 the background. I don't think it's going to come 148 00:07:29,690 --> 00:07:33,010 to anything serious but you never know and you just know 149 00:07:33,010 --> 00:07:36,090 like they're always sees crypto has fat tails there's always 150 00:07:36,090 --> 00:07:38,970 some random like black spine result in this fat that causes 151 00:07:38,970 --> 00:07:42,890 it to spike lower. But you know, we have had nine, 152 00:07:42,890 --> 00:07:48,090 what is it, nine weeks of straight red candles while the 153 00:07:48,090 --> 00:07:51,770 macro environment's been pretty strong and. 154 00:07:52,480 --> 00:07:56,240 You know we've had stocks go up like 10 to 15% on the NASDAQ and 155 00:07:56,240 --> 00:07:59,280 the same time period encrypted has gone 20 to 30% lower. 156 00:07:59,280 --> 00:08:02,880 And I know the correlation has broken down, but you know if you 157 00:08:02,920 --> 00:08:04,240 if you zoom out there should be some correlation. 158 00:08:04,240 --> 00:08:07,240 So I do think like I wouldn't be surprised if we have seen the 159 00:08:07,240 --> 00:08:08,640 lawyers. I wouldn't be surprised if we do 160 00:08:08,880 --> 00:08:10,760 progress higher from here. Like I still don't. 161 00:08:11,000 --> 00:08:13,080 No one still really seems to know what the big selling 162 00:08:13,080 --> 00:08:15,560 pressure was from like It could have been U.S. government 163 00:08:15,560 --> 00:08:16,760 selling, could have been finance selling. 164 00:08:17,560 --> 00:08:20,800 Maybe it's anticipation of this FTX stuff, I don't really know. 165 00:08:20,800 --> 00:08:24,280 But it does kind of feel like that selling has subsided. 166 00:08:24,280 --> 00:08:26,600 And remember originally that selling was in Bitcoin and we 167 00:08:26,600 --> 00:08:28,920 saw Bitcoin dominance drop quite a lot. 168 00:08:29,280 --> 00:08:30,880 We saw ETH outperformed. That's Bitcoin. 169 00:08:31,440 --> 00:08:34,080 If you look at those numbers now, ETH Bitcoin is like at 170 00:08:34,080 --> 00:08:37,640 0.061, which is the lowest it's been for about a month. 171 00:08:37,720 --> 00:08:42,159 And Bitcoin dominance is up to 50.2%, which is the highest it's 172 00:08:42,159 --> 00:08:43,240 been for a month. So that does. 173 00:08:43,720 --> 00:08:46,920 Indicate that whatever forced or pressured selling that wasn't 174 00:08:46,920 --> 00:08:49,760 Bitcoin has now subsided and people seem to be getting along 175 00:08:49,760 --> 00:08:52,280 there. So I think that's a good sign. 176 00:08:52,560 --> 00:08:54,480 I think you want to remember this whole seller started with 177 00:08:54,480 --> 00:08:57,680 Bitcoin underperforming and now we're seeing Bitcoin outperform. 178 00:08:57,680 --> 00:09:00,640 And if that progresses higher and you see the dominance go 179 00:09:01,240 --> 00:09:04,160 back towards 51%, I think you'll start to see eth Rally start to 180 00:09:04,160 --> 00:09:08,080 see Ult Rally. So it feels like we've had a 181 00:09:08,080 --> 00:09:10,250 healthy. Consolidation period to me and 182 00:09:10,250 --> 00:09:12,850 it feels like we should go higher, but I'm just saying it's 183 00:09:12,850 --> 00:09:15,450 out feeling rather than out of knowing. 184 00:09:16,210 --> 00:09:18,610 I saw this today which I thought was interesting that a lot of 185 00:09:18,610 --> 00:09:21,730 people on the way down were saying you know stablecoin, 186 00:09:21,970 --> 00:09:25,250 total market gap of all the stablecoins has been going lower 187 00:09:25,250 --> 00:09:28,570 and it's been going lower for the last two years or at least 188 00:09:28,570 --> 00:09:30,690 the last 18 months. You have actually seen over the 189 00:09:30,690 --> 00:09:34,570 last over the last month, the actual stablecoin level has 190 00:09:34,570 --> 00:09:38,160 started to increase again. It's not crazy, but you have 191 00:09:38,160 --> 00:09:42,400 started to see that money has stopped flowing out of crypto so 192 00:09:42,400 --> 00:09:44,120 to speak. And I thought that was quite an 193 00:09:44,120 --> 00:09:46,840 interesting, quite an interesting thing to look at. 194 00:09:47,200 --> 00:09:53,800 So I think maybe it's difficult to imagine us hitting fresh like 195 00:09:54,120 --> 00:09:55,880 are we going to go through the lows of where we were at? 196 00:09:55,880 --> 00:10:00,600 FTX seems seems tough to imagine, right, particularly in 197 00:10:00,600 --> 00:10:05,050 this sort of environment where where you have liquidity kind of 198 00:10:05,130 --> 00:10:09,090 stabilizing. And I don't know like the 199 00:10:09,090 --> 00:10:14,130 commentary kind of seemingly coming away from Singapore for 200 00:10:14,130 --> 00:10:17,090 this conference just seems to be that, yeah, the US might not be 201 00:10:17,090 --> 00:10:20,130 in a great spot, but the rest of the world just continues to go 202 00:10:20,130 --> 00:10:21,770 for it. The main risk what you said I 203 00:10:21,770 --> 00:10:27,590 think I think is just random headlines finance the again more 204 00:10:27,590 --> 00:10:30,950 US executives this is important it's US and the rest of the 205 00:10:30,950 --> 00:10:33,390 world is their legal executives and it did come out yesterday. 206 00:10:33,430 --> 00:10:39,630 The SEC is they basically said that finance is not playing ball 207 00:10:39,630 --> 00:10:42,990 with them and they've complained about that. 208 00:10:44,630 --> 00:10:47,310 I think I think it could very easily this this is going to 209 00:10:47,310 --> 00:10:49,150 turn into a DOJ trial. We're going to, we're going to 210 00:10:49,150 --> 00:10:51,270 hear about that or maybe that's already happening, maybe that's 211 00:10:51,270 --> 00:10:54,590 already happening and we could see some more headlines around 212 00:10:54,590 --> 00:10:57,590 how they're going to shut down the US and maybe some charges 213 00:10:57,590 --> 00:11:01,350 even that they have to accept for CZ and finance broadly. 214 00:11:02,870 --> 00:11:06,910 I think that probably is a is a small dump, but it's, it depends 215 00:11:06,910 --> 00:11:09,310 on what the headline is, right. Like if it's if it's just a 216 00:11:09,310 --> 00:11:11,390 fine, I don't think it's that bad. 217 00:11:11,670 --> 00:11:14,230 I think that's a sort of dump that you buy, right? 218 00:11:15,150 --> 00:11:17,070 I think so, yeah. I think that's the sort of dump 219 00:11:17,070 --> 00:11:20,870 that you buy, I think. I just think in general like. 220 00:11:21,740 --> 00:11:24,780 Sentiments got got really low like poor over the last couple 221 00:11:24,780 --> 00:11:27,940 of weeks and it's it's at the point now where anyone who's 222 00:11:27,940 --> 00:11:31,060 still around is really like the scraping the barrel of who's 223 00:11:31,060 --> 00:11:38,100 left in crypto. And I think to me it feels like 224 00:11:38,100 --> 00:11:40,700 we've kind of get into that final bit of like people could 225 00:11:40,700 --> 00:11:42,340 pitch dates and be like I'll screw this. 226 00:11:44,020 --> 00:11:46,100 So yeah, like I think any dip from here you're kind of meant 227 00:11:46,100 --> 00:11:48,340 to buy. I think you went to DCA for the 228 00:11:48,340 --> 00:11:52,230 last few weeks and. Yeah, I don't know. 229 00:11:52,230 --> 00:11:54,070 I just feel that we bottomed out, doesn't it? 230 00:11:54,990 --> 00:11:57,790 It does a little bit. That was a big sport around 25K. 231 00:11:57,990 --> 00:12:00,830 Yeah, exactly. I got cats and we bounced off it 232 00:12:00,830 --> 00:12:02,710 meaningfully, didn't we? We bounced off it pretty 233 00:12:02,710 --> 00:12:04,270 meaningfully. We might have another go at it, 234 00:12:04,430 --> 00:12:06,630 who knows. But it does feel as though for 235 00:12:06,630 --> 00:12:10,190 now. And the other thing is, is I'll 236 00:12:10,190 --> 00:12:12,230 share this as well. It's been a lot of spot buying. 237 00:12:13,390 --> 00:12:15,670 The buying spot is it's more aggressive than sellers. 238 00:12:15,670 --> 00:12:17,230 I wouldn't be surprised to see a pot very soon. 239 00:12:17,470 --> 00:12:19,590 This is like the net taker volume which you see on 240 00:12:19,590 --> 00:12:23,750 exchanges, but this shows a lot of spot buying of Bitcoin and at 241 00:12:23,750 --> 00:12:28,270 the same time you've seen very high shorts being put on them in 242 00:12:28,270 --> 00:12:32,190 the in the market. Obviously this is this is over 243 00:12:32,190 --> 00:12:34,190 600 trillion of shorts. There's nowhere near that, but 244 00:12:34,430 --> 00:12:38,470 you've seen large amounts of shorts being added versus spot 245 00:12:38,470 --> 00:12:41,830 buying and that always feels like a nice spot to be in. 246 00:12:43,150 --> 00:12:47,440 So who knows? It does feel like we're probably 247 00:12:47,440 --> 00:12:53,480 going to get another opportunity to to to catch this route. 248 00:12:54,160 --> 00:12:56,160 Hopefully it does feel like stuff's slightly lower again 249 00:12:56,160 --> 00:12:57,680 today, but nothing, nothing too bad. 250 00:12:59,800 --> 00:13:02,360 The third thing to say is we are nearly one year or I think 251 00:13:02,360 --> 00:13:05,640 exactly one year from the merge today. 252 00:13:06,320 --> 00:13:11,600 And no, no, this is the merge that changed how Bitcoin went 253 00:13:11,600 --> 00:13:14,070 from a proof of work to a proof of steak chain. 254 00:13:14,350 --> 00:13:18,790 You also had the bun going on since then, interestingly, like 255 00:13:18,870 --> 00:13:23,030 EBTC. So east versus BTC is down 18% 256 00:13:23,030 --> 00:13:26,270 since the merge. There's not really much to say 257 00:13:26,270 --> 00:13:29,510 about that, but I think people, people were really thinking E 258 00:13:29,550 --> 00:13:34,910 could flip Bitcoin with this, and yet it hasn't really. 259 00:13:35,470 --> 00:13:38,710 Can we see, can we see the ultrasounds on the website and 260 00:13:38,710 --> 00:13:40,510 see how much E has been burnt since the merge now? 261 00:13:41,830 --> 00:13:45,910 Yeah, sure. I think it's about nought .2%. 262 00:13:45,910 --> 00:13:53,430 I think it's about nought .2%, which is which is decent, like, 263 00:13:59,630 --> 00:14:03,710 yeah, the nought .25. That's a lot, like that's 264 00:14:03,750 --> 00:14:06,590 300,000 EVE. Yeah, I mean, I always like 265 00:14:06,590 --> 00:14:09,950 looking at it versus the proof of work like Eve had continued. 266 00:14:10,630 --> 00:14:13,470 That's a net difference of about 3.3%, right? 267 00:14:14,190 --> 00:14:18,390 Almost 3.4%, yeah, which is a big, big difference. 268 00:14:19,950 --> 00:14:22,870 And it's one of these things I think will make a big deal over 269 00:14:22,870 --> 00:14:25,710 the long run rather than short term. 270 00:14:25,710 --> 00:14:29,790 Maybe one year isn't long enough for this to work out, but versus 271 00:14:29,790 --> 00:14:33,510 something like Bitcoin, it's quite a big difference. 272 00:14:33,510 --> 00:14:39,670 I think like Bitcoin is up, supplies up. 2% or 1.7% is like 273 00:14:39,750 --> 00:14:45,080 a 1.8% difference. Since then, Bitcoin has 274 00:14:45,080 --> 00:14:47,880 outperformed though, But I think that's more just the bear 275 00:14:47,880 --> 00:14:50,920 market. Rather than these, I do think 276 00:14:50,920 --> 00:14:54,000 these are the sort of things that if you're involved in EVE 277 00:14:54,280 --> 00:14:56,480 during a bear market, you still had a burn. 278 00:14:58,480 --> 00:15:01,760 And I think a lot of people say that, you know, although this is 279 00:15:01,760 --> 00:15:04,520 nice that it has a burn, you can never be sure what will happen. 280 00:15:04,760 --> 00:15:10,270 For example, over the last, I think over the last maybe 30 281 00:15:10,270 --> 00:15:12,510 days, ETH has actually been inflationary. 282 00:15:12,990 --> 00:15:15,910 Yeah, it's been slightly inflationary over the last, over 283 00:15:15,910 --> 00:15:18,590 the last 30 days. So you can never be sure whether 284 00:15:18,590 --> 00:15:19,550 you thought it's going to happen. 285 00:15:20,150 --> 00:15:23,790 But I think we can all agree that this has not been an active 286 00:15:23,790 --> 00:15:27,950 period for for, for blockchain use. 287 00:15:28,190 --> 00:15:29,790 It's clearly been a bit of a bear market. 288 00:15:30,430 --> 00:15:32,110 So I think you're in a bull market. 289 00:15:32,350 --> 00:15:34,510 You can only assume those factors go up even even 290 00:15:34,510 --> 00:15:36,910 stronger. But I do think it was surprising 291 00:15:36,910 --> 00:15:42,150 at 18% and 18% under forms of this Bitcoin is with that big a 292 00:15:42,150 --> 00:15:45,350 difference in inflation of the two of them that's effectively 293 00:15:45,350 --> 00:15:50,110 like a 2223% difference in in in returns. 294 00:15:51,230 --> 00:15:53,910 But I do think yeah it'll change it'll change open medium time. 295 00:15:56,310 --> 00:16:00,070 The the other main things to mention today, let me just bring 296 00:16:00,070 --> 00:16:01,670 up the topics I should have just put them at the top. 297 00:16:03,790 --> 00:16:06,990 Paradigm Paradigm are doing another $1 billion investment. 298 00:16:08,520 --> 00:16:10,000 These are the people that invest in friend tech. 299 00:16:10,920 --> 00:16:14,360 They they obviously have been behind a number of different 300 00:16:14,360 --> 00:16:18,640 things in the space including things like Blur, R, Cobblers 301 00:16:19,560 --> 00:16:24,760 and a bunch of other more tech and D5 focused things in crypto. 302 00:16:25,200 --> 00:16:28,400 Probably the the best known VC I think left in crypto. 303 00:16:28,400 --> 00:16:31,800 Would you say OSF? Yeah. 304 00:16:31,800 --> 00:16:32,880 What do you mean, Like best known? 305 00:16:32,880 --> 00:16:35,320 Like most prominent or? Yeah, exactly. 306 00:16:35,940 --> 00:16:36,860 Yeah, I think so. I don't. 307 00:16:36,860 --> 00:16:38,860 They don't have the great greatest reputation, do they? 308 00:16:38,860 --> 00:16:42,020 But sorry, the the dog's yelling at me. 309 00:16:42,780 --> 00:16:48,900 Dog hates Paradigm. Yeah, them and a sixteen's 310 00:16:48,900 --> 00:16:51,500 there, but they they paradigms seem to be more involved in lots 311 00:16:51,500 --> 00:16:54,380 of like different things that have become prominent projects 312 00:16:54,380 --> 00:16:57,260 in the space. Like obviously blur friend tech 313 00:16:57,260 --> 00:17:05,420 now. So yeah, I would agree those 314 00:17:05,420 --> 00:17:06,660 two. Yeah. 315 00:17:07,300 --> 00:17:09,660 Well, the other ones are couplers, but I didn't want to 316 00:17:09,660 --> 00:17:13,819 say that I said it. They did say that they remember 317 00:17:14,140 --> 00:17:15,900 a while back they got kind of ratio for the idea. 318 00:17:15,900 --> 00:17:18,660 They tried to like take away crypto from their home and 319 00:17:19,140 --> 00:17:21,460 stuff. It does feel like they're going 320 00:17:21,460 --> 00:17:23,380 to come back to it. They've clearly had some success 321 00:17:23,380 --> 00:17:26,619 and some of their investments. Even with this, I think Finance 322 00:17:26,660 --> 00:17:30,140 Venture Ventures is actually still like the biggest investor 323 00:17:30,260 --> 00:17:32,380 over the last 12 months. It's done the most investments 324 00:17:33,100 --> 00:17:37,100 but it does feel as though paradigm a bit A $1 billion fund 325 00:17:37,100 --> 00:17:41,460 is not small for crypto V C's. Interestingly I have seen some 326 00:17:42,260 --> 00:17:45,340 even though everyone still still seems a little bit bullish about 327 00:17:45,340 --> 00:17:50,020 what's been going on in in Singapore. 328 00:17:50,420 --> 00:17:53,060 Some of the commentaries from V C's does seem to still be a 329 00:17:53,060 --> 00:17:56,660 little bit pessimistic. I I do think most V C's across 330 00:17:56,660 --> 00:18:00,100 the board have been, have been smoked recently like was moving 331 00:18:00,100 --> 00:18:04,330 rates has not been has not been a pretty one And I think I think 332 00:18:04,330 --> 00:18:08,970 that's going to that's going to affect people for a for a while 333 00:18:09,450 --> 00:18:12,370 a lot of people. I think BC investment broadly is 334 00:18:12,370 --> 00:18:16,130 down something like 7580% since 2021. 335 00:18:16,130 --> 00:18:19,050 So it's not been a, it's not been a good period if you've 336 00:18:19,050 --> 00:18:21,050 been a BC in the space. So I've seen this sort of stuff 337 00:18:21,050 --> 00:18:25,090 from probably the most well known BCI think is a is a 338 00:18:25,090 --> 00:18:30,050 decent, a decent part to be in. And then finally we had Ray 339 00:18:30,050 --> 00:18:35,400 Dalio who came out and said cash is the best investment right 340 00:18:35,400 --> 00:18:37,040 now. We have there's another crypto, 341 00:18:37,040 --> 00:18:40,960 there's another conference going on in Singapore right now and 342 00:18:40,960 --> 00:18:43,920 you had both the CEO of Citadel, who's Ken Griffin, who's 343 00:18:43,920 --> 00:18:47,000 incredibly well known and Ray Dalio coming out and being very, 344 00:18:47,000 --> 00:18:51,320 very bearish on the market. He said Billionaire investor Ray 345 00:18:51,320 --> 00:18:54,520 Dalio, who runs Bridgewater or at least is involved in 346 00:18:54,520 --> 00:18:57,720 Bridgewater, sounds alarming the US debt and says bonds aren't 347 00:18:57,960 --> 00:19:00,360 that good long term investment. He said he preferred it be in 348 00:19:00,360 --> 00:19:03,750 cash. What do you think in terms of 349 00:19:03,750 --> 00:19:06,150 macro stuff away from crypto? How? 350 00:19:06,190 --> 00:19:12,590 How do you feel? About macro, I mean would you? 351 00:19:13,150 --> 00:19:14,470 Cash is a bit of a weird one to pick. 352 00:19:14,470 --> 00:19:17,750 Like, does cash include being in treasuries? 353 00:19:17,750 --> 00:19:25,350 Like we seem to be sounding the alarm on the US debt, so I. 354 00:19:25,630 --> 00:19:27,670 So he's literally saying fixed income is not a good investment 355 00:19:27,670 --> 00:19:29,510 either. Yeah, he's basically saying own, 356 00:19:30,550 --> 00:19:32,390 which is kind of almost like a crypto investment. 357 00:19:32,390 --> 00:19:34,390 At the same time, it's like if you really think that. 358 00:19:34,910 --> 00:19:39,190 Yeah, it's going to be a debt issue here then then you kind of 359 00:19:39,190 --> 00:19:41,950 want to hold if is the dollar going to be a good thing to even 360 00:19:41,950 --> 00:19:44,190 own. But I would agree it's it's a 361 00:19:44,190 --> 00:19:45,670 little bit vague in what he's saying. 362 00:19:46,030 --> 00:19:51,110 You also had Ken Griffin come out though and say is your 363 00:19:51,150 --> 00:19:54,390 anxious about 23 stock market and warns in fact a higher rate 364 00:19:55,430 --> 00:19:58,400 do you think we think macro it's still gonna have a strong end of 365 00:19:58,400 --> 00:20:01,400 the year which would I would. Yeah, it's a good question. 366 00:20:01,400 --> 00:20:04,120 I I kind of see where you're going towards, I don't think I'd 367 00:20:04,120 --> 00:20:08,480 be long stocks here. I think you could see a pullback 368 00:20:08,480 --> 00:20:10,840 in stocks, not a huge one, but I think you can see a pullback. 369 00:20:10,840 --> 00:20:12,240 And so it wouldn't be long stocks here. 370 00:20:14,480 --> 00:20:17,440 I think interest rates, I personally think interest rates 371 00:20:17,440 --> 00:20:19,400 are probably topped out here. I don't think they're gonna go 372 00:20:19,400 --> 00:20:22,200 meaningfully higher. They might stay around here for 373 00:20:22,200 --> 00:20:24,640 a long time. So like it's not necessarily the 374 00:20:24,640 --> 00:20:28,530 greatest long like I guess you get some good carry but you're 375 00:20:28,530 --> 00:20:30,930 not going to get like that much capital appreciation in the 376 00:20:30,930 --> 00:20:32,210 standpoint. So maybe that's not really the 377 00:20:32,210 --> 00:20:36,850 best long. And you know anything with a 378 00:20:36,850 --> 00:20:39,530 macro, I think commodities will go higher like I think oil can 379 00:20:39,530 --> 00:20:41,610 go higher. I think that's probably a good 380 00:20:42,290 --> 00:20:43,890 pocket of like capital appreciation. 381 00:20:43,890 --> 00:20:47,810 But yeah, there isn't really anything like terribly exciting. 382 00:20:47,810 --> 00:20:49,610 I see where it's coming from. There isn't really anything 383 00:20:49,610 --> 00:20:52,450 terribly exciting in macro and some things are uncertain. 384 00:20:52,450 --> 00:20:55,500 So you know, if you hold cash, you might be able to get in on 385 00:20:55,500 --> 00:20:58,500 some stuff at like a bigger discount and I think you want to 386 00:20:58,500 --> 00:21:00,380 have some liquidity to spend there. 387 00:21:00,380 --> 00:21:04,780 If you're just focused in macro, again, I think it's still a 388 00:21:04,780 --> 00:21:06,820 great loan because all that stuff is down so much so. 389 00:21:07,860 --> 00:21:12,740 The VIX crypto, Yeah, which is? Which is the volatile and like 390 00:21:12,740 --> 00:21:14,300 that it shows volatility in the market. 391 00:21:14,300 --> 00:21:17,340 It's down a lot. I think it's currently trading 392 00:21:17,340 --> 00:21:20,260 around 13. It's been it's been hitting 393 00:21:20,260 --> 00:21:23,940 fresh lows day after day. It does feel. 394 00:21:24,340 --> 00:21:27,620 Like you want to own some cash here just in case volatility 395 00:21:27,620 --> 00:21:29,620 picks up. Like just one headline can 396 00:21:29,620 --> 00:21:32,220 really cause a dump, I think in in macro. 397 00:21:33,380 --> 00:21:37,380 So I think it's not a bad, not a bad idea to consider having a 398 00:21:37,380 --> 00:21:40,340 bit more cash because that will be one of these days where it's 399 00:21:40,340 --> 00:21:42,140 down. I don't think the S and P's been 400 00:21:42,140 --> 00:21:45,900 down more than 1 1/2% for like the longest period in years. 401 00:21:45,900 --> 00:21:48,260 It's going to be one of these days where it just feels 402 00:21:48,260 --> 00:21:50,100 terrible. And I do think that you're meant 403 00:21:50,100 --> 00:21:52,200 to. Have some cash here just to be 404 00:21:52,200 --> 00:21:53,360 able to buy on those sort of days. 405 00:21:53,360 --> 00:21:57,720 I'm not macro bearish, I don't think entering some sort of like 406 00:21:58,920 --> 00:22:00,280 credit crisis or anything like that. 407 00:22:00,280 --> 00:22:04,640 I think I think we're probably into a period of more subdued 408 00:22:04,640 --> 00:22:06,880 returns. But I do think you want to have 409 00:22:06,880 --> 00:22:08,840 a bit more cash and that's probably the same in crypto as 410 00:22:08,840 --> 00:22:11,000 well, right. It on those days crypto will 411 00:22:11,000 --> 00:22:14,040 also feel a little bit terrible. So I think volatility, what I 412 00:22:14,040 --> 00:22:16,080 bet is that volatility will pick up towards. 413 00:22:16,550 --> 00:22:19,470 Between now and your end and you won't have cash for that period, 414 00:22:19,470 --> 00:22:23,030 rather than me being super bearish on everything going on, 415 00:22:23,790 --> 00:22:25,790 yeah, I I definitely, I agree with that. 416 00:22:27,110 --> 00:22:30,590 The other small stuff going on in, in NF T's, you had Nakamigos 417 00:22:30,590 --> 00:22:34,150 who are doing the Mint. It's now 100% going to be free 418 00:22:34,310 --> 00:22:41,070 for for for holders. The Nakamigos for I think was up 419 00:22:41,670 --> 00:22:44,590 about 30% on the back of that. I'm just checking in on degens. 420 00:22:45,120 --> 00:22:47,880 And you also had nouns. Nouns, it looks like 50 percent, 421 00:22:48,240 --> 00:22:52,720 50% of all the nouns have now decided they are going to leave 422 00:22:52,840 --> 00:22:58,120 nouns down and get back there 35 E So you've seen nouns 423 00:22:58,120 --> 00:23:01,720 increasingly go up the lead tables in terms of, in terms of 424 00:23:01,720 --> 00:23:04,880 volumes, I think it was the most active collection from yesterday 425 00:23:05,440 --> 00:23:08,480 is trading at 828th. And interesting that the trading 426 00:23:08,480 --> 00:23:11,960 is slightly above where you'll be able to get your money back. 427 00:23:11,960 --> 00:23:14,280 So all that says to me is that people are. 428 00:23:15,650 --> 00:23:18,450 People to kind of that's how much the art is worth seemingly 429 00:23:18,450 --> 00:23:24,090 like 2 E because the owner now elsewhere it's not been still 430 00:23:24,090 --> 00:23:27,290 not been that pretty ladies are still is bounced slightly but 431 00:23:27,290 --> 00:23:31,090 it's still around 2 board. Apes has dipped around 24 area 432 00:23:31,090 --> 00:23:32,450 and that's kind of across the board. 433 00:23:33,370 --> 00:23:36,650 There was some stuff coming up on the gaming side for EU 434 00:23:36,650 --> 00:23:39,250 collapse, but nothing really nothing we need to write home 435 00:23:39,250 --> 00:23:42,220 about. Okay, we should bring up Alien 436 00:23:42,220 --> 00:23:45,340 Queen if she is around. Is she around? 437 00:23:46,100 --> 00:23:48,620 Hey, guys. Hey, hey. 438 00:23:48,940 --> 00:23:51,180 How's it going? Good, thanks. 439 00:23:51,180 --> 00:23:52,900 How you doing? I'm good. 440 00:23:53,060 --> 00:23:59,500 Just busy, you know, You guys know my life, but yeah. 441 00:24:00,020 --> 00:24:02,500 We thought you bring up again just quickly for the Stubsburn. 442 00:24:02,500 --> 00:24:05,740 I put the Stubsburn in the show notes Everyone. 443 00:24:06,780 --> 00:24:11,660 I believe is it. 10 or 13 burns for this, so everyone's gonna 444 00:24:11,900 --> 00:24:12,940 have to. But 13? 445 00:24:13,540 --> 00:24:16,980 13 wow lucky number. 13 That is my lucky number. 446 00:24:17,340 --> 00:24:24,100 For that is that's gonna be that's gonna be pretty 447 00:24:24,860 --> 00:24:26,660 successful. I don't think I showed you when 448 00:24:26,660 --> 00:24:28,100 you came. You came on the show on Tuesday, 449 00:24:28,100 --> 00:24:32,540 but it's like a wrecked guy meets alien queen piece, Wrecked 450 00:24:32,580 --> 00:24:34,060 warning. Yeah. 451 00:24:35,120 --> 00:24:37,640 It's like a skeleton, but he's like, not dead. 452 00:24:37,840 --> 00:24:39,960 He's like, still like a living skeleton. 453 00:24:41,720 --> 00:24:45,400 Drinking wrecked juice, wrecked coffee, wrecked soup, whatever. 454 00:24:45,440 --> 00:24:49,240 Wrecked liquid. That's so cool. 455 00:24:49,720 --> 00:24:52,440 I like that a lot. Wrecked morning. 456 00:24:52,880 --> 00:24:55,840 Yeah, and a bunch of psychedelics and shit. 457 00:24:55,840 --> 00:24:58,920 And it's a pretty aggressive, pretty aggressive morning, I 458 00:24:59,000 --> 00:25:03,320 know. But I feel like that's how we 459 00:25:03,440 --> 00:25:05,760 feel internally. Yeah, that's true. 460 00:25:05,760 --> 00:25:07,880 We feel like that sometimes inside, right? 461 00:25:07,880 --> 00:25:12,640 Like with the space and and crypto and the bear mark and all 462 00:25:12,640 --> 00:25:15,200 that shit. Like, I think this is how we 463 00:25:15,200 --> 00:25:18,320 really feel. I know my weekends. 464 00:25:18,360 --> 00:25:22,920 I can't wait to like, you know, relax and be a degen and get 465 00:25:22,920 --> 00:25:26,720 wrecked. So I know that feeling of like, 466 00:25:26,800 --> 00:25:30,750 waking up, checking the charts and he just like, like, for 467 00:25:30,750 --> 00:25:33,670 fuck's sake, another day things lower. 468 00:25:33,670 --> 00:25:36,430 Like, yeah, I definitely resonate with that. 469 00:25:37,310 --> 00:25:39,870 Yeah, but. Nine weeks in a row, Nine weeks 470 00:25:39,870 --> 00:25:42,550 in a row, having done like 13 weeks in a row, whatever it was 471 00:25:42,550 --> 00:25:45,470 last year as well, like I know. Around the same time, right? 472 00:25:45,470 --> 00:25:49,030 It's been around the same time. Yeah, they are brutal. 473 00:25:50,160 --> 00:25:53,600 Get to learn about it. Anyway this we really thank you 474 00:25:53,600 --> 00:25:56,920 for coming on Eddie and Queen and giving this us this piece of 475 00:25:56,920 --> 00:26:00,720 art for for anyone who wants to claim Stubs today. 476 00:26:00,760 --> 00:26:02,640 There was no code. You can just go on to the Stubs 477 00:26:02,640 --> 00:26:06,400 website and you you can be out to claim or radio forward slash 478 00:26:07,240 --> 00:26:11,320 Stubs and yeah it's going to be thirteen to burn. 479 00:26:11,320 --> 00:26:12,800 You're going to have the whole weekend to burn. 480 00:26:12,800 --> 00:26:14,760 And then we have another artist next week. 481 00:26:14,760 --> 00:26:18,210 But you have tonight. Saturday, Sunday, hopefully we 482 00:26:18,210 --> 00:26:21,330 get a bunch of people burning and getting this, getting this 483 00:26:21,370 --> 00:26:24,610 piece. Hopefully it's a low addition 484 00:26:24,610 --> 00:26:27,090 though at the same time, I think, I think 13 is a lot 485 00:26:27,530 --> 00:26:29,010 people have to stop buying stubs to. 486 00:26:29,050 --> 00:26:34,090 But yeah, we're super happy to have you obviously. 487 00:26:34,090 --> 00:26:36,050 I just wanted to have you on this OSF. 488 00:26:36,090 --> 00:26:38,770 Thanks. Guys, we'd want to sell. 489 00:26:38,770 --> 00:26:43,770 Oh yeah, yes, Miss Monday. But yeah, we will see you at the 490 00:26:43,770 --> 00:26:47,530 Rec Show in London in a month. I know that I'm excited. 491 00:26:48,050 --> 00:26:50,010 I'm so excited. I need it. 492 00:26:50,570 --> 00:26:53,530 Osf's excited. He's been playing for a long 493 00:26:53,530 --> 00:26:54,850 time. Yeah. 494 00:26:55,370 --> 00:26:57,090 Ohh, hold on. You're doing a boxing thing. 495 00:26:57,090 --> 00:26:59,250 What are you gonna do? I'm not gonna drink. 496 00:27:00,010 --> 00:27:02,410 Not gonna drink at the rest, so yeah. 497 00:27:03,010 --> 00:27:09,490 I'm gonna eat a gummy. I'm gonna, I'm no, no alcohol, 498 00:27:09,530 --> 00:27:11,610 no substances until 24th of November. 499 00:27:11,610 --> 00:27:14,890 So. Wow, you're all gonna be squeaky 500 00:27:14,890 --> 00:27:16,830 clean. In the next two months, you're 501 00:27:16,830 --> 00:27:21,550 gonna be really fit, okay cool, less fun rec show. 502 00:27:21,550 --> 00:27:24,070 But maybe we'll just have to spike the drink or something 503 00:27:24,070 --> 00:27:26,030 like that. Yeah, maybe. 504 00:27:27,390 --> 00:27:29,630 Maybe we'll have to do that officially. 505 00:27:30,630 --> 00:27:31,950 Well, yeah, we'll see you in a month. 506 00:27:31,950 --> 00:27:35,470 And thank you so much again for everyone go to go to the burn 507 00:27:35,470 --> 00:27:36,910 link. I put it into the show notes You 508 00:27:37,830 --> 00:27:42,910 get mint, this incredible piece by Annie and Queen and we will, 509 00:27:43,270 --> 00:27:45,810 we will see you in London. Yep. 510 00:27:46,250 --> 00:27:47,650 Bye guys. Bye. 511 00:27:48,210 --> 00:27:50,050 OK, I think that's it for this week. 512 00:27:50,370 --> 00:27:55,050 This maybe even my takeover period like I think for maybe 513 00:27:55,050 --> 00:27:57,410 back next week. So unconfirmed. 514 00:27:57,490 --> 00:28:00,650 Depends how how he travels. Are you here next week? 515 00:28:01,730 --> 00:28:10,250 I will be here on Monday, Tuesday, Wednesday possibly. 516 00:28:10,250 --> 00:28:13,780 I'm flying on Wednesday. I fly on Wednesday and Thursday. 517 00:28:13,780 --> 00:28:17,540 Cuz it takes me two days to get to Martha in Texas. 518 00:28:17,540 --> 00:28:19,540 So are. You going to Martha? 519 00:28:20,180 --> 00:28:21,740 Wow. Yeah, that's gonna be fun. 520 00:28:22,420 --> 00:28:27,500 I have to fly from Miami to Austin to El Paso and then drive 521 00:28:27,500 --> 00:28:28,220 for three hours. So. 522 00:28:28,540 --> 00:28:30,500 What's Martha gonna look like? What are you doing there? 523 00:28:31,780 --> 00:28:33,620 Just hanging out with the Art Block Spros. 524 00:28:35,040 --> 00:28:37,160 Yeah, everyone's talking about how good Art Blocks is. 525 00:28:37,160 --> 00:28:41,600 That's gonna be Art Blocks Ringers. 526 00:28:45,960 --> 00:28:49,400 Do you own one fidenza? I have two Fidenzas actually. 527 00:28:49,480 --> 00:28:50,080 OK. All right. 528 00:28:50,080 --> 00:28:53,120 OK, and I have an auto glyph which is, I guess it's 529 00:28:53,120 --> 00:28:57,960 generative art, but it's not. It's not an Art Blocks project. 530 00:28:58,560 --> 00:29:00,560 I have a Gazer as well, Matt Cain Gazer. 531 00:29:00,560 --> 00:29:04,190 That's an Art Blocks project. Are you gonna be like drawing 532 00:29:04,190 --> 00:29:06,430 stuff when you're out there? You're gonna be part of, like, a 533 00:29:06,430 --> 00:29:08,350 drawing circle, maybe. It feels like that's the sort of 534 00:29:08,350 --> 00:29:09,470 stuff that happens at these events. 535 00:29:09,870 --> 00:29:11,750 I don't think it's like a drawing circle type event 536 00:29:11,750 --> 00:29:15,630 because it's everyone's like so like Co generated art yeah so 537 00:29:16,830 --> 00:29:19,390 but there's quite a few people going like I think there's I 538 00:29:19,390 --> 00:29:21,550 think they'll be good crowd. I kind of like events like that 539 00:29:21,550 --> 00:29:23,390 because it's a bit more chill than you can actually speak to. 540 00:29:23,390 --> 00:29:26,510 People appreciate the art and stuff. 541 00:29:27,710 --> 00:29:29,790 Tough weeks to, you know, ghost over. 542 00:29:29,790 --> 00:29:31,980 I think, yeah. That's why I was thinking I was 543 00:29:31,980 --> 00:29:35,300 like, man, like I. Think maybe delay it a week, I 544 00:29:35,300 --> 00:29:37,260 think. I think you can you can enjoy 545 00:29:37,260 --> 00:29:47,020 more like every every day you drink is a, is a is a 10 seconds 546 00:29:47,020 --> 00:29:50,820 of fitness lost in the ring. Do you know how to fight that? 547 00:29:51,700 --> 00:29:53,340 I do, Yeah, I do. I think they're going to 548 00:29:53,340 --> 00:29:55,620 announce it officially in the next couple of days. 549 00:29:55,660 --> 00:29:59,050 I think they're going to make the official announcement of the 550 00:29:59,050 --> 00:30:02,810 headline fight today, which is trading Lord. 551 00:30:02,810 --> 00:30:06,490 I don't know trading Lord, but he's defending his title I've 552 00:30:06,570 --> 00:30:08,330 seen. I've seen him, I've seen, yeah, 553 00:30:09,690 --> 00:30:13,690 bit long himself, but yeah, yeah, I mean he's 1-2 and O so 554 00:30:14,330 --> 00:30:16,690 and then after that they're gonna make announcements of the 555 00:30:16,690 --> 00:30:20,170 different fights. So the guy I'm fighting will get 556 00:30:20,170 --> 00:30:22,810 announced soon as well do. You fancy your chances? 557 00:30:24,210 --> 00:30:25,290 I don't know. He's taller than me. 558 00:30:25,490 --> 00:30:33,980 He's he's 6 inches tall than me and right now, yeah, and he's 559 00:30:33,980 --> 00:30:35,740 also tall than me and height as well. 560 00:30:39,300 --> 00:30:46,060 And he is all as it stands. He is 7 kilos heavier than me as 561 00:30:46,060 --> 00:30:51,410 well. But the idea is the idea is that 562 00:30:51,410 --> 00:30:53,690 he's supposed to drop 4 kilos and I'm supposed to gain 3 563 00:30:53,690 --> 00:30:55,250 kilos, but I don't. I'm sure he'll do that. 564 00:30:55,330 --> 00:30:59,450 I'm sure he'll do that, yeah. It's quite hard to. 565 00:31:00,530 --> 00:31:02,170 I think I can. I think I mean. 566 00:31:02,730 --> 00:31:08,250 It's 7 kilograms heavier. Yeah, I have. 567 00:31:08,290 --> 00:31:11,250 To admit that doesn't sound like you're gonna win, but at the 568 00:31:11,250 --> 00:31:14,600 same time. I'm back. 569 00:31:14,600 --> 00:31:16,280 I'm back. Can we bet on this already? 570 00:31:16,280 --> 00:31:18,080 Is Robert doing? I don't know. 571 00:31:18,840 --> 00:31:20,640 So rookie's involved in organizing as well. 572 00:31:20,640 --> 00:31:22,240 So they're gonna ask him if Robert are gonna be on the 573 00:31:22,240 --> 00:31:24,880 sponsor or not. But they should absolutely have 574 00:31:24,920 --> 00:31:26,400 odds on it for sure. I think it'll be. 575 00:31:26,680 --> 00:31:29,600 Yeah, 100%. I wanna put some money against 576 00:31:29,600 --> 00:31:31,680 you. I hate your bets. 577 00:31:31,760 --> 00:31:36,240 I just hate your bets. All right. 578 00:31:36,720 --> 00:31:40,760 We will see you again on Monday. This has been GM Web Three 579 00:31:40,760 --> 00:31:44,000 powered by Kraken NFT. Make sure you go check out the 580 00:31:44,000 --> 00:31:49,360 burn link for alienqueenandgocheckoutkraken@kraken.com/rug 581 00:31:49,360 --> 00:31:51,640 Radio. Shout out to the fair guys for 582 00:31:52,000 --> 00:31:54,680 always doing the the stubs thing for us. 583 00:31:54,680 --> 00:31:56,880 Go check them out. Fair dot XYZ as well. 584 00:31:57,680 --> 00:31:58,600 All right. Thank you. 585 00:31:58,640 --> 00:32:00,120 And we will see you again on Monday.