1 00:00:00,200 --> 00:00:06,280 Yo-yo, yo-yo what up, what up? Good morning, good morning MGF 2 00:00:06,880 --> 00:00:12,240 Friday, oh baby. Friday, Friday, Friday, February 3 00:00:12,240 --> 00:00:14,800 28th, oh last day of February. Look at that we're ending the 4 00:00:14,800 --> 00:00:20,080 week on on the month of Friday. Love to see you 2025 Look at 5 00:00:20,080 --> 00:00:23,440 that another beautiful day to have a beautiful day. 6 00:00:23,480 --> 00:00:27,800 I got my Co host in the house Tyler Mandel. 7 00:00:27,840 --> 00:00:29,480 Good morning. How you doing today? 8 00:00:30,400 --> 00:00:31,880 How you doing today? I'm. 9 00:00:34,920 --> 00:00:43,120 All right, how are you woke up? And I was like, you know, you 10 00:00:43,120 --> 00:00:45,680 just check because you're like, no, it can't be right. 11 00:00:46,440 --> 00:00:48,120 For me it's OK because I don't wake up to it. 12 00:00:48,120 --> 00:00:50,320 I go to sleep to it. But you guys wake up to it, 13 00:00:50,520 --> 00:00:52,360 right? As long as it's 78 K when I woke 14 00:00:52,360 --> 00:00:53,160 up. Yeah, because the. 15 00:00:53,160 --> 00:00:55,240 Big big dips are like 11:00 PM here, right? 16 00:00:55,720 --> 00:00:59,360 Wait, as soon as Europe Europe wakes up, goes to have a 17 00:00:59,360 --> 00:01:04,400 croissant and then the price and just pure panic in the streets 18 00:01:04,440 --> 00:01:07,200 of Paris. Yeah, yeah, exactly. 19 00:01:07,200 --> 00:01:09,480 With the whole like 12 Bitcoin they won in the entire country, 20 00:01:09,720 --> 00:01:11,840 you know, and so. Paris is is an hour ahead of me, 21 00:01:11,840 --> 00:01:14,480 so when I wake up, you know, they're they're in full. 22 00:01:15,560 --> 00:01:17,240 Oh, no, you OK? So let me. 23 00:01:17,840 --> 00:01:19,600 Yeah, yeah. Paris is like, oh, no. 24 00:01:19,680 --> 00:01:22,440 Fon Fon, fon, fon. Why are this coin so low? 25 00:01:22,440 --> 00:01:25,400 Fon Fon. Oh no, the Americano drops. 26 00:01:26,040 --> 00:01:31,040 I'm very, very, I'm very bearish on, on, on French CT, on French 27 00:01:31,040 --> 00:01:33,320 Twitter, on French crypto, sorry. 100%. 28 00:01:33,720 --> 00:01:35,320 Very bearish. I'll tell you guys why in a 29 00:01:35,320 --> 00:01:36,360 second. Tyler, how you doing? 30 00:01:37,240 --> 00:01:41,400 I'm good I I slept through most of the the crash so Bitcoin is 31 00:01:41,400 --> 00:01:44,080 back to when when I woke up man you. 32 00:01:44,200 --> 00:01:48,600 Should see last night dude. Say goodbye to February. 33 00:01:49,360 --> 00:01:52,200 This is the second worst February in crypto's. 34 00:01:52,200 --> 00:01:53,520 History. We got to pull up that chart 35 00:01:53,520 --> 00:01:55,680 that we pulled up Feb one thinking that we did new highs 36 00:01:55,680 --> 00:01:58,280 in February, myself included. That's for sure. 37 00:01:58,280 --> 00:02:00,720 We definitely got to going to going to have to we we had some 38 00:02:00,720 --> 00:02:03,160 hopes for a second. I'm bearish, so I'm bearish 39 00:02:03,160 --> 00:02:06,400 French crypto for the reason that I did an interview in 40 00:02:06,400 --> 00:02:09,800 French for a French big. It's like the US of France kind 41 00:02:09,800 --> 00:02:11,480 of, but like smaller, but like still pretty big. 42 00:02:12,120 --> 00:02:16,200 Actually, it's pretty big and and the comments. 43 00:02:16,200 --> 00:02:19,120 So I said like something like that's been for Cordano and I 44 00:02:19,120 --> 00:02:25,360 was like, yeah, whatever. And they were so mad bro, they 45 00:02:25,360 --> 00:02:27,160 were so mad. And then the guy asked me is 46 00:02:27,160 --> 00:02:28,360 there going to be an all season? I said no. 47 00:02:28,360 --> 00:02:30,920 I mean there has been all seasons meme coins, like there's 48 00:02:30,920 --> 00:02:33,560 10,000 meme coins a day. How can you have an all season? 49 00:02:33,640 --> 00:02:36,760 And I got destroyed. Like I have never gotten 50 00:02:36,760 --> 00:02:38,880 attacked so hard since like 2021. 51 00:02:39,640 --> 00:02:41,880 And it's always just French people mad that I talked to you 52 00:02:41,880 --> 00:02:45,240 about Cardano and said that the all season's not happening. 53 00:02:46,680 --> 00:02:50,520 And like, I'm talking like furious, like furious would be 54 00:02:50,520 --> 00:02:52,320 mad in the comments. You should see them. 55 00:02:52,600 --> 00:02:54,480 It's actually hilarious. I, I would read them to you guys 56 00:02:54,520 --> 00:02:56,760 when they're in French. It's actually so funny. 57 00:02:56,760 --> 00:02:59,920 And then before the, the interview happened before Libra. 58 00:03:00,560 --> 00:03:04,200 And so I always used to say so long to $1000, you know, that I 59 00:03:04,240 --> 00:03:06,720 say, I still think we're going to go to 1000, but maybe not the 60 00:03:06,720 --> 00:03:10,000 cycle anymore, you know? But anyways, I go so down to 61 00:03:10,000 --> 00:03:12,040 $1000. And so yes, but we we do have to 62 00:03:12,040 --> 00:03:15,640 go by 420 at first, right, which we've always said 4:20 to the 63 00:03:15,640 --> 00:03:19,120 1000 brother. They hate Solana over there. 64 00:03:19,960 --> 00:03:21,960 I. They hate Solana. 65 00:03:22,240 --> 00:03:23,800 They I have to show you these comments. 66 00:03:23,800 --> 00:03:25,360 I mean, I don't know how to show these comments. 67 00:03:25,360 --> 00:03:29,280 I it's, it's it's on Instagram even worse because then they 68 00:03:29,280 --> 00:03:30,480 said where'd you get your information? 69 00:03:30,480 --> 00:03:32,280 So you guys need to get on Twitter and let me tell you 70 00:03:32,360 --> 00:03:36,640 they're French hate X even more so I hate everything they hated 71 00:03:36,640 --> 00:03:39,440 during that. I managed in 10 minutes to piss 72 00:03:39,440 --> 00:03:45,120 off the entire country, 1X2 ADA, three no altcoin and four 73 00:03:45,120 --> 00:03:47,400 Solana. I it appears they hate all four. 74 00:03:49,680 --> 00:03:51,680 I have never fumble an interview so hard. 75 00:03:52,080 --> 00:03:56,360 I I don't know they hate they just they're so mad at me over 76 00:03:56,360 --> 00:03:57,080 there. It's insane. 77 00:03:57,080 --> 00:03:58,920 Also the fact that interview Trump I think doesn't really 78 00:03:58,920 --> 00:04:00,640 work. I bode well with them because we 79 00:04:00,640 --> 00:04:02,160 talked about that the guy was asking me. 80 00:04:02,160 --> 00:04:05,120 So I don't think they really like him out there that much. 81 00:04:05,120 --> 00:04:08,440 But anyways, anyways, we're back, boys. 82 00:04:08,440 --> 00:04:10,040 Bitcoins at 80. Who would have thought that 83 00:04:10,040 --> 00:04:13,120 Bitcoin at $83,000 would be such a euphoric feeling right now. 84 00:04:13,160 --> 00:04:15,400 Oh my God. So what is the 144? 85 00:04:15,400 --> 00:04:24,160 Yeah, market report. Market report Tyler's top 100. 86 00:04:24,160 --> 00:04:27,400 We did get a some very positive slot on news, for what it's 87 00:04:28,240 --> 00:04:29,080 worth. Market report. 88 00:04:29,080 --> 00:04:31,960 No, no, no. Robit loot box bin. 89 00:04:32,880 --> 00:04:36,280 And then the show, as usual, is powered by a promise. 90 00:04:36,280 --> 00:04:38,720 I've got my thing open. Powered by Galaxies. 91 00:04:39,040 --> 00:04:41,840 Galaxies is a Web 3 platform empowering creators and brands 92 00:04:41,840 --> 00:04:44,080 to build unstoppable communities with full ownership and 93 00:04:44,120 --> 00:04:47,280 independence, trusted by icons like Donald Trump, Steve Aoki, 94 00:04:47,280 --> 00:04:50,840 Mike Tyson and the NBA, shaping together the future of 95 00:04:50,840 --> 00:04:53,720 engagement. Mando, let's see what happens in 96 00:04:53,720 --> 00:05:00,880 this market right now. Who is the man that called Daddy 97 00:05:00,880 --> 00:05:05,680 of the Man? Can you dig it? 98 00:05:06,640 --> 00:05:09,840 GM everyone well done for sticking with with us during 99 00:05:09,840 --> 00:05:15,680 this turbulent week yeah we had a bit of a a bit of a morning 100 00:05:16,200 --> 00:05:22,520 Bitcoin touched 78 K it that was down I was saying even in our 101 00:05:22,520 --> 00:05:25,680 group chat right like Bitcoin was at 99 K when me and Tyler 102 00:05:25,680 --> 00:05:29,080 were on this show this time last week as we were talking buy bit 103 00:05:29,080 --> 00:05:32,840 was like the buy bit hack hack hack hack happened and we dipped 104 00:05:32,840 --> 00:05:38,640 from 99 K live on the show probably at this exact moment 105 00:05:38,640 --> 00:05:41,840 where I'm talking now and it hit 78 K this morning Oh it's. 106 00:05:42,280 --> 00:05:45,760 True, I forgot about buy bit. Yeah, that's how this all 107 00:05:45,760 --> 00:05:47,080 started. That was a week ago that. 108 00:05:47,520 --> 00:05:55,200 Was a week ago then we had a big underperformance of Ethereum, 109 00:05:55,600 --> 00:06:00,640 which is kind of even continued now, but it's getting the 110 00:06:00,640 --> 00:06:02,160 hitting went below 2K. Oh. 111 00:06:03,560 --> 00:06:05,960 Wow, it did. Yeah, yeah. 112 00:06:06,760 --> 00:06:09,040 Look at this bro. That's a lower low dude. 113 00:06:10,120 --> 00:06:13,760 It does not look good here dude. Fuck, I'm not even trying to 114 00:06:13,760 --> 00:06:18,200 like hey this is just terrible. Yeah, anyway, that's happened 115 00:06:18,280 --> 00:06:25,800 with Eve and most things started to fall out of bed like sort of 116 00:06:26,000 --> 00:06:33,840 big move Lois Lana hit 125 even like the the coins that should 117 00:06:33,840 --> 00:06:40,360 have been strong recently hype bearer all of this stuff, even 118 00:06:40,360 --> 00:06:42,360 Kaito like got smashed at one stage. 119 00:06:42,360 --> 00:06:49,120 But like seemingly like by the time I woke up and then as the 120 00:06:49,120 --> 00:06:51,600 mornings progressed, things start to get a little bit 121 00:06:51,600 --> 00:06:55,360 better. There was the main thing that 122 00:06:55,360 --> 00:06:58,160 like caused a freak out last yesterday was that the NASDAQ 123 00:06:58,160 --> 00:07:00,680 actually just got hammered into the close. 124 00:07:00,960 --> 00:07:05,920 So NASDAQ closed down 3% yesterday and most of that 125 00:07:05,920 --> 00:07:09,360 happened in like the last 10 minutes or last hour. 126 00:07:09,520 --> 00:07:15,160 So decent move lower there in the in, in tech stocks, mainly 127 00:07:15,160 --> 00:07:18,000 on the back of NVIDIA earnings, but but also tariffs. 128 00:07:18,080 --> 00:07:21,240 You know, Trump always talking about tariffs and tariffs. 129 00:07:22,240 --> 00:07:25,840 Although yesterday he did meet, he did meet Keir Starmer, who's 130 00:07:25,840 --> 00:07:30,040 the the British PM and kind of came out and said, oh, we might 131 00:07:30,040 --> 00:07:33,200 do a trade deal actually with the first, the first actual 132 00:07:33,200 --> 00:07:37,360 country that I've seen him talk about a trade deal with his, 133 00:07:37,360 --> 00:07:40,720 with the the United Kingdom. Interestingly, the United 134 00:07:40,720 --> 00:07:43,600 Kingdom by some metrics actually has a has a trade surplus with 135 00:07:43,640 --> 00:07:46,120 the US. So do. 136 00:07:46,360 --> 00:07:47,880 You think that's because they're out of the EU? 137 00:07:47,880 --> 00:07:51,360 Do you think that plays into that, that they're they're on 138 00:07:51,360 --> 00:07:52,680 their own? Because he seems to be very 139 00:07:52,680 --> 00:07:55,600 like. Maybe maybe I think I think it's 140 00:07:55,680 --> 00:07:57,560 part of some of those goods that we sell. 141 00:07:58,560 --> 00:08:02,840 But yeah, it's it's we are not, we're not one of those like 142 00:08:03,000 --> 00:08:07,280 horrific trade deficit countries with the with the US. 143 00:08:07,440 --> 00:08:12,920 So it would make absolutely no sense for Trump to to not even 144 00:08:12,920 --> 00:08:15,600 try and do a trade deal with the with the UK. 145 00:08:17,040 --> 00:08:20,160 Also interestingly, if you saw we just like completely walked 146 00:08:20,160 --> 00:08:24,080 back the the lenses stuff, which kind of points to my commentary 147 00:08:24,080 --> 00:08:27,120 about like focus on what actually happens rather than 148 00:08:27,120 --> 00:08:28,760 what he said no. One's talking about it anymore. 149 00:08:29,560 --> 00:08:32,480 Someone said, are you, do you still think Zelensky's a 150 00:08:32,480 --> 00:08:34,320 dictator? And he said, oh, did I say that 151 00:08:34,720 --> 00:08:40,240 next question literally word for word, Like, did I say that? 152 00:08:40,559 --> 00:08:45,920 I don't think I said the next question, which I thought was 153 00:08:45,920 --> 00:08:47,560 pretty funny. That is hilarious. 154 00:08:48,400 --> 00:08:51,000 So yeah, focus on what happens rather than maybe what what he 155 00:08:51,000 --> 00:08:53,360 says. It's very clear that he's happy 156 00:08:53,360 --> 00:08:59,120 to change his mind and then bring people in after after a 157 00:08:59,120 --> 00:09:02,720 big fight. But yeah, so that that was the 158 00:09:02,720 --> 00:09:04,280 main thing that was getting people scared. 159 00:09:04,560 --> 00:09:07,640 And and, you know, tech stocks have been really hammered during 160 00:09:07,640 --> 00:09:09,160 this period. You know, we can go through a 161 00:09:09,160 --> 00:09:13,240 range of different tech stocks here, but not not that pretty 162 00:09:13,240 --> 00:09:17,320 for any of the major Magnificent 7 companies here. 163 00:09:18,360 --> 00:09:23,920 And a lot of commentary around around Tester in particular 164 00:09:24,040 --> 00:09:26,400 which kind of hit where it hit yesterday. 165 00:09:26,520 --> 00:09:30,680 Is it lower again? No, it's up to 3% today, but 166 00:09:30,680 --> 00:09:34,720 it's at 288. It was at 275 yesterday. 167 00:09:36,680 --> 00:09:39,000 Things like micro strategy, obviously we've spoken about 168 00:09:39,000 --> 00:09:43,000 this a lot, but that is down, down the 60%. 169 00:09:43,640 --> 00:09:48,400 Oh wow, look at that. And that's the main thing that 170 00:09:48,400 --> 00:09:56,560 you see people like trying to, trying to continue to like bash 171 00:09:56,640 --> 00:09:59,000 crypto about the sailor. And that's going to be an 172 00:09:59,000 --> 00:10:00,480 ongoing risk and all this sort of stuff. 173 00:10:01,520 --> 00:10:03,040 We've talked about this so many times. 174 00:10:03,640 --> 00:10:05,440 I don't think it's, I don't think it's a risk right now, 175 00:10:06,000 --> 00:10:09,600 maybe in the future, but it's not right now to, to, to 176 00:10:09,640 --> 00:10:12,680 actually even come close to liquidating him would mean a, a 177 00:10:12,680 --> 00:10:15,800 sustained period of very low prices that would, that would 178 00:10:15,800 --> 00:10:19,480 affect upcoming bond maturities. And I don't think, I just don't 179 00:10:19,480 --> 00:10:21,960 think it's something that would really be a worry short term. 180 00:10:23,760 --> 00:10:29,280 We're talking like under 15K. But what this may do is, you 181 00:10:29,280 --> 00:10:32,720 know, that that premium has been massively, massively hurt. 182 00:10:32,720 --> 00:10:36,680 And his ability then to raise more capital to buy Bitcoin has 183 00:10:36,680 --> 00:10:38,120 been affected. And then people have been 184 00:10:38,120 --> 00:10:41,120 pointing, you know, oh, he's the only reason crypto's higher. 185 00:10:41,120 --> 00:10:44,840 Like he's the only buyer. I actually personally think that 186 00:10:44,840 --> 00:10:50,600 at this stage, Sailor is is actually not been a net positive 187 00:10:50,720 --> 00:10:53,560 for crypto. I think the amount that he buys 188 00:10:54,400 --> 00:10:59,120 is is more than offset with the fear around what's happening and 189 00:10:59,120 --> 00:11:02,200 that he is like, you know, this may not end well. 190 00:11:03,640 --> 00:11:08,240 I wouldn't have said that a year ago, like, but now he he has got 191 00:11:08,240 --> 00:11:12,840 himself to this certain this point where he's, you know, he's 192 00:11:13,120 --> 00:11:17,120 raising money to do it. I think it's I think it's a it's 193 00:11:17,320 --> 00:11:19,880 it's not been a net net huge positive. 194 00:11:20,440 --> 00:11:24,080 So what I would say is that I don't really mind if sailor 195 00:11:24,080 --> 00:11:27,080 stops buying Bitcoin. I've I said this on the show 2 196 00:11:27,080 --> 00:11:29,320 days ago, like I actually I would prefer if he didn't like 197 00:11:29,320 --> 00:11:31,520 he's had a good trade. I don't want I don't want 198 00:11:31,520 --> 00:11:37,200 another scenario where a Black Swan can can really hammer 199 00:11:37,200 --> 00:11:38,560 crypto and. It seems that that's what 200 00:11:38,560 --> 00:11:40,120 they're holding over people's heads, right? 201 00:11:40,720 --> 00:11:43,240 And they're trying to bring Bitcoin back down to its 202 00:11:43,240 --> 00:11:47,160 average, which is around 69 K. That's what you get used to bash 203 00:11:47,160 --> 00:11:49,200 crypto a lot, you know, and people the. 204 00:11:49,200 --> 00:11:51,920 Main narrative right now I feel like the the the main Bitcoin 205 00:11:51,920 --> 00:11:55,120 anti narrative is like that. Yeah. 206 00:11:55,120 --> 00:11:58,720 And I think part of that also is just like a misunderstanding of 207 00:11:59,560 --> 00:12:02,080 he'll get liquidated somehow if it goes down to his average 208 00:12:02,080 --> 00:12:04,720 price. If you if you appear in 2022, 209 00:12:04,720 --> 00:12:08,440 you know that like Bitcoin hung out below sailors average price 210 00:12:08,440 --> 00:12:11,440 for a long time, a long, long time, it doesn't matter. 211 00:12:13,240 --> 00:12:17,000 It would have to go down a lot more, a lot more for for for 212 00:12:17,000 --> 00:12:21,320 that to ever become an issue. But so the average price isn't 213 00:12:21,320 --> 00:12:23,640 just some level where sailor loses his Bitcoin. 214 00:12:23,800 --> 00:12:25,720 No way. That's not how that's not how it 215 00:12:25,720 --> 00:12:27,720 would work. And I don't even think you'd be 216 00:12:27,720 --> 00:12:30,800 able to do that anyway. But that's that's why I'm a 217 00:12:30,800 --> 00:12:33,560 little bit that is still there though. 218 00:12:33,640 --> 00:12:35,840 Do you know like people, people are still using that against 219 00:12:35,840 --> 00:12:39,240 Bitcoin. So I think that's partly why 220 00:12:39,240 --> 00:12:41,040 ults are maybe slightly outperforming. 221 00:12:41,080 --> 00:12:43,520 I don't know if you guys would agree with me a little bit here, 222 00:12:43,520 --> 00:12:47,080 but I feel like the fact part of it's the ETF outflow is starting 223 00:12:47,080 --> 00:12:50,280 to happen, right, because of the, the, the basis unwinding. 224 00:12:50,640 --> 00:12:54,880 But I think part of it is like this fear around Sailor that 225 00:12:54,920 --> 00:12:58,320 perhaps means that people and and ults having been already 226 00:12:58,320 --> 00:13:02,400 crushed, right? That people feel like maybe 227 00:13:02,960 --> 00:13:05,320 they're better risk reward trades. 228 00:13:06,240 --> 00:13:09,240 Yeah, Bitcoins needs to be catching up a little bit right 229 00:13:09,240 --> 00:13:10,560 now as you're talking, But you're right. 230 00:13:10,560 --> 00:13:11,920 I mean, it seems like alts have really. 231 00:13:11,960 --> 00:13:13,720 I mean, Osana was so fucking sold. 232 00:13:13,720 --> 00:13:16,080 Like it's like battered last night. 233 00:13:16,080 --> 00:13:18,360 Osana went to 127 guys, which was kind of the mark. 234 00:13:18,360 --> 00:13:21,280 We've been talking about Mendo. I don't know if it was on the 235 00:13:21,280 --> 00:13:24,760 show, off the show, but we have been talking about this 127 236 00:13:25,160 --> 00:13:29,240 range here and that's good. I wish I got out of bed last 237 00:13:29,240 --> 00:13:31,040 night for this. I was in bed chilling, just 238 00:13:31,040 --> 00:13:33,400 watching. I bought a Zero and I bought 239 00:13:33,400 --> 00:13:36,160 some Sonic just today this morning. 240 00:13:36,600 --> 00:13:39,920 Because like it was grim, guys, I was, I was just in bed, just 241 00:13:39,920 --> 00:13:42,000 like kind of like scrolling and like chilling. 242 00:13:42,000 --> 00:13:45,360 It was just like lower, lower, lower than like salon was like 243 00:13:45,360 --> 00:13:48,640 127 Bitcoin was like 7. And I was like, ah, I should get 244 00:13:48,640 --> 00:13:49,560 out of bed. I think the Wiz. 245 00:13:49,560 --> 00:13:51,320 I was like, what are you doing? He's like, yeah, I'm longing. 246 00:13:51,320 --> 00:13:54,200 I'm like, I should probably get out of bed because like he, he, 247 00:13:54,200 --> 00:13:56,160 he he's pretty good at catching these. 248 00:13:57,120 --> 00:13:59,000 I was like, I should get out of bed. 249 00:13:59,800 --> 00:14:01,680 And then I just, I didn't get out of bed. 250 00:14:01,960 --> 00:14:03,240 It's OK. It's just poverty. 251 00:14:03,320 --> 00:14:06,160 But we'll be back at 127 like after tomorrow, so it's fine. 252 00:14:06,160 --> 00:14:10,200 What up Tyler? Do you, do you think 127 was 253 00:14:10,200 --> 00:14:13,200 just a local low or do you think that's going to be our? 254 00:14:13,480 --> 00:14:16,000 I don't, I had my mark at 1:27 because that was the previous 255 00:14:16,000 --> 00:14:18,200 high that was so hard to break back then. 256 00:14:18,280 --> 00:14:20,920 Like I remember it like last year or some shit. 257 00:14:21,640 --> 00:14:25,400 But but I I don't know. I don't know. 258 00:14:25,440 --> 00:14:27,080 I don't know, I think. I don't know. 259 00:14:27,920 --> 00:14:30,160 Out of the gutter. There was some news this 260 00:14:30,160 --> 00:14:31,360 morning, right? Specifically. 261 00:14:31,360 --> 00:14:33,800 Around Solana that. We're going to get the CME is 262 00:14:33,800 --> 00:14:36,600 going to start allowing Solana futures to trade. 263 00:14:37,440 --> 00:14:41,360 Super positive. Which which the CME is, is a, is 264 00:14:41,600 --> 00:14:47,600 a, is a commodities exchange. So that would imply that 265 00:14:47,600 --> 00:14:51,600 Solana's commodity, it obviously would then lead to an ETF. 266 00:14:51,800 --> 00:14:54,680 It may point to a, a, a, a sooner a filing, right. 267 00:14:55,840 --> 00:14:58,440 And with that as well, you probably would get a lot more of 268 00:14:58,440 --> 00:15:02,240 this sort of basis style trading on Bitcoin and ETH. 269 00:15:03,920 --> 00:15:06,960 So that that will probably make funding cheaper for everyone to 270 00:15:06,960 --> 00:15:09,480 do perp trading. Semi trader is the one that 271 00:15:09,480 --> 00:15:11,640 launches it's. Not. 272 00:15:12,600 --> 00:15:15,000 Funny, yeah. But but, but, but I think we 273 00:15:15,000 --> 00:15:18,960 spoke about this yesterday, but I think Salon looked oversold, 274 00:15:19,080 --> 00:15:22,960 which made it a good buy. But then you've got to when you 275 00:15:22,960 --> 00:15:25,480 encrypt it, you got to think about like the next few steps, 276 00:15:25,480 --> 00:15:27,400 particularly if you're buying an RSI like we spoke about it 277 00:15:27,400 --> 00:15:29,560 yesterday. If you bought an RSI yesterday 278 00:15:29,560 --> 00:15:32,920 like you, then it went down way lower on that RSI, right? 279 00:15:33,280 --> 00:15:36,960 You might be up on certain things now, but but RSI is a 280 00:15:36,960 --> 00:15:38,200 dangerous. Thing it's true, people were 281 00:15:38,200 --> 00:15:40,200 saying RSI charts at 1:42. So that's it. 282 00:15:40,200 --> 00:15:42,280 That's important to mention on the show cause Mando did say 283 00:15:42,280 --> 00:15:44,000 like be careful, don't just trade the RSI. 284 00:15:44,000 --> 00:15:46,720 He said keep taking into account but like don't just trade it. 285 00:15:47,320 --> 00:15:51,040 RSI charts came out at 1:42 and we still dumped to 127. 286 00:15:51,320 --> 00:15:54,320 So that that's quite a move. Tyler, what do you think we are 287 00:15:54,320 --> 00:15:56,600 we're at here with Solan. I mean, I, you asked me like I, 288 00:15:56,600 --> 00:15:59,520 I think, I think Solan is like the most oversold, the most 289 00:15:59,520 --> 00:16:00,760 overheated coin here at this stage. 290 00:16:00,760 --> 00:16:02,360 Like every time you talk about Solan, everyone's like, oh, 291 00:16:02,360 --> 00:16:03,720 crime, crime, crime. I told you about the French 292 00:16:03,720 --> 00:16:05,840 thing, for example. That's I'm not exaggerating. 293 00:16:05,840 --> 00:16:08,160 Like people really hate Solana. Like, and even at some point I 294 00:16:08,160 --> 00:16:10,280 was Max bearish. So because of after everything 295 00:16:10,280 --> 00:16:13,880 happened, but 127, it's hard to be bearish. 296 00:16:13,960 --> 00:16:18,360 This stage thing was 300 bucks. Come on, you know, there is 297 00:16:18,360 --> 00:16:20,920 still like the it's not all just memes on soul. 298 00:16:20,920 --> 00:16:22,920 Like, you know, I think thing is just memes on soul and just 299 00:16:22,920 --> 00:16:25,680 crime is is also like there's two sides. 300 00:16:25,720 --> 00:16:28,680 There's like over loving and saying yo, it's just soul and 301 00:16:28,680 --> 00:16:30,560 there's also over hating it, right? 302 00:16:30,560 --> 00:16:33,440 Like at some point there is some great things being built on 303 00:16:33,440 --> 00:16:35,440 there. It's all over hated. 304 00:16:35,680 --> 00:16:39,120 Yeah, sure. I'll start by saying I, I'm not 305 00:16:39,120 --> 00:16:41,880 going to try to call bottom. I said in our group chat, I, I 306 00:16:41,880 --> 00:16:46,360 really want to see crypto strong on a red stock market day. 307 00:16:46,520 --> 00:16:49,880 I really feel better about where things are at right now. 308 00:16:49,920 --> 00:16:54,840 But with that being said, it feels like everyone got super 309 00:16:54,840 --> 00:16:59,640 bearish on Seoul at the bottom. It's down what, 6065% or 310 00:16:59,640 --> 00:17:04,240 something from the top? And now I kind of think that 311 00:17:04,319 --> 00:17:05,720 we're going to see a bullish unlock. 312 00:17:06,040 --> 00:17:08,119 It would not have been a bullish unlock at 2:50. 313 00:17:08,760 --> 00:17:13,800 That would have been tremendous cell pressure at 1:40 with CME 314 00:17:13,800 --> 00:17:20,440 futures, the inflation reduction vote happening in a less than a 315 00:17:20,440 --> 00:17:22,480 week. I don't know. 316 00:17:22,480 --> 00:17:24,480 It's, it's a different situation. 317 00:17:25,480 --> 00:17:30,040 And I think once you get past this massive unlock overhang and 318 00:17:30,040 --> 00:17:34,120 it, and Seoul doesn't fall off a Cliff and then you see the 319 00:17:34,120 --> 00:17:36,960 future's coming. And now ETFI was in the camp 320 00:17:36,960 --> 00:17:39,960 originally I thought the ETF would come in Q1 and then it 321 00:17:39,960 --> 00:17:44,120 became the, the bears were out there talking like, no, you're, 322 00:17:44,120 --> 00:17:46,360 you're crazy. It's Q4 at the earliest. 323 00:17:46,400 --> 00:17:49,040 I don't know, this government's getting shit done fast. 324 00:17:49,480 --> 00:17:51,760 And I dude, these, these institutions are pushing this 325 00:17:51,760 --> 00:17:55,040 stuff through right now. I think QQ one's still possible. 326 00:17:56,720 --> 00:17:58,160 Why not? Why not? 327 00:17:58,160 --> 00:18:00,040 I mean, it is definitely, but I mean, I'm sure we'll talk more 328 00:18:00,040 --> 00:18:02,480 about the government because of the meme corn stuff yesterday in 329 00:18:02,480 --> 00:18:04,760 your in your roundup. But this government is actually 330 00:18:04,760 --> 00:18:07,960 getting done shit quick. Shit done quick with regards to 331 00:18:07,960 --> 00:18:10,800 crypto. Yesterday had even more cases 332 00:18:10,800 --> 00:18:11,840 dismissed. So I'm I'm sure we'll talk 333 00:18:11,840 --> 00:18:12,840 about. So let's let's actually get to 334 00:18:12,840 --> 00:18:15,120 your topics here, because I think it pertains to how the 335 00:18:15,120 --> 00:18:17,720 market is reacting to to everything today. 336 00:18:17,720 --> 00:18:20,680 I'm just curious about what you guys think about a little wicked 337 00:18:20,680 --> 00:18:24,520 pomperuni on low volume because you know, no ETF to dump on us. 338 00:18:24,840 --> 00:18:28,680 It feels like this week was just everyday ETF just hammered us 339 00:18:28,680 --> 00:18:30,280 down. You know what I bought for the 340 00:18:30,280 --> 00:18:31,640 first first time in a while today? 341 00:18:32,120 --> 00:18:35,120 Let me guess what I was going to say. 342 00:18:35,120 --> 00:18:37,640 Fart coin or mug? But what do you say we bought 343 00:18:37,640 --> 00:18:39,440 mugs? Wow, let's go. 344 00:18:39,840 --> 00:18:42,920 Fuck yeah. Thank God Mendel's buying mug, 345 00:18:42,920 --> 00:18:44,680 lads. He wants to go is buying mug. 346 00:18:44,680 --> 00:18:47,000 He wants to go lever to ETH after saying the ETH chart 347 00:18:47,000 --> 00:18:48,400 looks. Yeah, what the fuck? 348 00:18:49,320 --> 00:18:54,760 I I mean has has ETH had any bearing on MOG before That's. 349 00:18:54,760 --> 00:18:59,520 True, MOG has been outperforming ETH like all cycles, so that is 350 00:18:59,520 --> 00:19:01,400 very true. I mean, if you're buying MOG at 351 00:19:01,400 --> 00:19:03,000 some point, you you bet it here, right? 352 00:19:03,520 --> 00:19:04,600 Oh my. Goodness, I just like that 353 00:19:04,600 --> 00:19:07,000 headline yesterday which is like meme coins are. 354 00:19:07,600 --> 00:19:09,640 Yeah, you're right. You're right. 355 00:19:09,840 --> 00:19:11,480 Let's get, I mean. When are you going to buy this 356 00:19:11,480 --> 00:19:14,240 if it's not right now? It's right now or never. 357 00:19:14,440 --> 00:19:17,440 It's very fair. Like at this stage, when you 358 00:19:17,440 --> 00:19:19,080 look at a chart like that, where's Pepe at? 359 00:19:20,280 --> 00:19:23,040 We're buying Pepe a bit too. Yeah. 360 00:19:23,040 --> 00:19:26,120 Pepe. Also, Pepe is a three billion. 361 00:19:26,920 --> 00:19:29,640 Wow. Mando's literally eating the dip 362 00:19:29,640 --> 00:19:31,240 right now. What do you eat? 363 00:19:33,920 --> 00:19:36,520 What is that? Oh, peanut butter. 364 00:19:36,520 --> 00:19:37,120 All right. Nice. 365 00:19:37,280 --> 00:19:39,840 Well, Tyler. This is not a Styx. 366 00:19:41,640 --> 00:19:44,560 What's the CA for that? It's so crunchy, he has to mute 367 00:19:44,600 --> 00:19:50,520 whatever he's eating. All right, Ty, let's go T and 368 00:19:50,520 --> 00:20:01,440 crypto analysis folks. Crypto majors tumbled overnight 369 00:20:01,440 --> 00:20:07,080 but are rebounding swiftly. Bitcoin back to 84K salt up 6% 370 00:20:07,120 --> 00:20:12,480 on the day now. 14660 On the back of the breaking news we got 371 00:20:12,480 --> 00:20:17,120 this morning, the CME to launch Soul Futures on March 17th, just 372 00:20:17,120 --> 00:20:20,680 a couple of weeks away. Headlines were pouring in 373 00:20:20,680 --> 00:20:24,320 yesterday, so Uniswap added a Fiat off ramp for the first 374 00:20:24,320 --> 00:20:27,760 time, allowing users to swap tokens to USDC, then off ramp to 375 00:20:27,760 --> 00:20:32,000 cash in the bank within seconds. Powered by Moon Pay, Robin Hood 376 00:20:32,000 --> 00:20:33,880 in trans acts. That was huge news. 377 00:20:34,200 --> 00:20:37,920 The SEC dropped cases against Coinbase and Consensus, 2 of the 378 00:20:37,920 --> 00:20:39,960 biggest cases they had still open. 379 00:20:39,960 --> 00:20:42,640 Those are now closed. The SEC also released a 380 00:20:42,640 --> 00:20:45,000 statement clarifying their stance on meme coins. 381 00:20:45,000 --> 00:20:47,080 And meme coins are not securities. 382 00:20:47,320 --> 00:20:50,120 With a few exceptions, you can still commit fraud and you will 383 00:20:50,120 --> 00:20:54,480 be prosecuted via meme coins. So it is not crime season. 384 00:20:55,000 --> 00:20:58,640 Texas passed legislation for its strategic Bitcoin Reserve 385 00:20:58,920 --> 00:21:00,320 through its Business and Commerce Committee. 386 00:21:00,320 --> 00:21:04,040 Now on to the Senate. That will be a huge state that 387 00:21:04,040 --> 00:21:07,560 we need to root for for that to pass and then bit Max reportedly 388 00:21:07,560 --> 00:21:11,120 shopping for a buyer according to Coindesk and token AirDrop 389 00:21:11,120 --> 00:21:15,200 protocol news more big headlines Metamask introduced a major 390 00:21:15,200 --> 00:21:17,800 overhaul for their wallet, including native Bitcoin and 391 00:21:17,800 --> 00:21:21,960 soul support, a new home screen UI abstracted gas, meaning you 392 00:21:21,960 --> 00:21:25,720 could pay in any token smart account features and more base 393 00:21:26,000 --> 00:21:29,160 use these flash box as a new method to enhance speed, 394 00:21:29,320 --> 00:21:31,440 bringing their block time from down from 2 seconds to 395 00:21:31,680 --> 00:21:34,840 milliseconds. Immensify Immensify is going to 396 00:21:34,840 --> 00:21:36,160 drop their token, the mint token. 397 00:21:36,360 --> 00:21:39,600 They share their tokenomics as well as launching on Solana and 398 00:21:39,600 --> 00:21:42,800 then they're kicking off with the big reward season over there 399 00:21:43,680 --> 00:21:46,720 as most of the news quickly on the on the rest of it AI was 400 00:21:46,720 --> 00:21:49,520 down. The leaders were down about 10% 401 00:21:49,520 --> 00:21:51,760 that that may have flipped. Now I don't have the board up in 402 00:21:51,760 --> 00:21:53,720 front of me. Memcorn leaders were also down 403 00:21:53,720 --> 00:21:56,240 about 10%, though I'm sure they're starting to V shape up a 404 00:21:56,240 --> 00:21:59,840 a little bit here. NFTS mostly chopped abstract 405 00:21:59,840 --> 00:22:02,080 NFTS keep cooking more green on the board. 406 00:22:02,440 --> 00:22:07,080 And then a controversial one O 1 from Bato called the giraffe 407 00:22:07,240 --> 00:22:10,080 sold for 54 ETH on verse yesterday. 408 00:22:10,080 --> 00:22:11,960 So this one is either going to be. 409 00:22:12,560 --> 00:22:16,040 Why is it controversial? Just wait till you see it. 410 00:22:16,040 --> 00:22:18,520 We'll, we'll pull it up. I I saw it because it looks like 411 00:22:18,520 --> 00:22:24,720 one of those the dyno thingy. It looks like something like 1/3 412 00:22:24,720 --> 00:22:29,440 grader would put together and and it sold for 54 ETH, making 413 00:22:29,440 --> 00:22:36,160 it probably a top 10 digital art sale of the year or so so far. 414 00:22:37,120 --> 00:22:39,320 So this is either going to be one that's that becomes like a 415 00:22:39,320 --> 00:22:41,440 very are. You telling me this is not worth 416 00:22:41,440 --> 00:22:46,560 55 ETH? What are you saying, Tyler? 417 00:22:47,000 --> 00:22:48,760 Yeah, Tyler, you. Probably say that. 418 00:22:48,760 --> 00:22:50,120 What do you know about Art Tyler? 419 00:22:51,000 --> 00:22:52,840 Apparently the back story on this is this was I. 420 00:22:52,840 --> 00:22:55,600 I don't know if it was the first time, but I think the idea here 421 00:22:55,600 --> 00:22:58,280 is that Bato used a new generative algorithm for this. 422 00:22:59,240 --> 00:23:02,240 Brother. If you if you look at the if you 423 00:23:02,240 --> 00:23:04,440 look at the wait, I need to smoke weed. 424 00:23:04,720 --> 00:23:08,280 But if you if if you look at the contrast between the colors, you 425 00:23:08,280 --> 00:23:11,600 know, the bottom is very dry. You know, this is very like it 426 00:23:11,600 --> 00:23:15,200 shows like dryness, the lack of water, you know, would would 427 00:23:15,200 --> 00:23:17,280 occur. This this looks to be somewhere, 428 00:23:17,280 --> 00:23:19,720 you know, in, in in sub Sahara or something like that. 429 00:23:19,720 --> 00:23:23,160 You know you have the giraffe and then you have the trees 430 00:23:23,160 --> 00:23:25,280 which are the. It's a metaphor for the market, 431 00:23:25,280 --> 00:23:27,040 I feel. It's a metaphor for the market 432 00:23:27,040 --> 00:23:28,200 I. It's a metaphor for more than 433 00:23:28,200 --> 00:23:30,040 just the it's a metaphor for life itself. 434 00:23:30,160 --> 00:23:33,800 I feel, I mean, look man, on the top of this, it's like colorful, 435 00:23:33,800 --> 00:23:36,360 joyful, you know, you have these hues. 436 00:23:36,720 --> 00:23:38,800 These green dips, you know green. 437 00:23:39,040 --> 00:23:41,160 Dips. I mean, if you flip it, this 438 00:23:41,160 --> 00:23:44,600 even looks like the the chart of the of the longs. 439 00:23:44,960 --> 00:23:47,480 You know, if you if you look at the you know, you know what I 440 00:23:47,480 --> 00:23:49,120 mean. You know this one, it looks 441 00:23:49,120 --> 00:23:51,440 like. Where's the long chart? 442 00:23:52,080 --> 00:23:53,400 Where do you find it? Here again, Mendo. 443 00:23:53,920 --> 00:23:54,760 It's. What do you mean? 444 00:23:55,680 --> 00:23:57,720 It's the ground. Coin glass. 445 00:23:57,760 --> 00:23:59,360 Coin glass. Yeah, it looks like the. 446 00:23:59,520 --> 00:24:01,480 Where is it again? Fuck it. 447 00:24:02,080 --> 00:24:06,480 Look at it funny. Yeah, it looks like a funding 448 00:24:06,480 --> 00:24:08,240 rate heat map. That's what I'm trying to say. 449 00:24:08,800 --> 00:24:14,120 You know, if you really look deep, this looks like a funding 450 00:24:14,120 --> 00:24:16,480 rate heat map. And the giraffe is looking up 451 00:24:17,160 --> 00:24:19,240 towards the sun. It's beautiful, Tyler. 452 00:24:19,520 --> 00:24:22,720 Maybe 54 ETH was a steal. Yeah, I I'm thinking we should 453 00:24:22,720 --> 00:24:24,440 have bought that. If you're not cultured enough to 454 00:24:24,440 --> 00:24:26,520 see it, Tyler, that's kind of on you, my friend. 455 00:24:27,600 --> 00:24:30,800 It's clear that I'm not, so we will see. 456 00:24:30,800 --> 00:24:33,080 Shout out to Barack Cramo for his. 457 00:24:33,880 --> 00:24:36,760 What the rat bought it? Yeah, Barack bought it for 55 458 00:24:36,760 --> 00:24:37,560 ETH. The person is saying. 459 00:24:37,560 --> 00:24:39,360 It saddens me. I still have to explain this to 460 00:24:39,360 --> 00:24:40,680 some of my friends, but here it goes. 461 00:24:40,680 --> 00:24:42,560 Bottle that was important. And that's by the way, this is 462 00:24:42,640 --> 00:24:43,960 very true. I actually agree. 463 00:24:44,080 --> 00:24:47,280 Like if you're buried bullish AI bottle was OG like in terms of 464 00:24:47,280 --> 00:24:51,160 creating art bottle is that was important technology, blah, 465 00:24:51,160 --> 00:24:52,840 blah, blah. There's a group of people yeah, 466 00:24:52,840 --> 00:24:53,960 they're great. Look, bottle that was great. 467 00:24:53,960 --> 00:24:55,840 Anyways, we're not knocking out bottle that by the way, we never 468 00:24:55,840 --> 00:24:56,600 I just thought that was. Funny. 469 00:24:56,640 --> 00:24:59,240 I mean, bottle is very cool. It doesn't mean that every 470 00:24:59,240 --> 00:25:00,680 single piece that it creates is. Yeah. 471 00:25:00,960 --> 00:25:02,800 Exactly. And and art is just and art is 472 00:25:02,800 --> 00:25:04,440 subjective. So in that sense, I do agree. 473 00:25:04,440 --> 00:25:06,640 Like, I don't really like that piece, but I love a lot of their 474 00:25:06,640 --> 00:25:09,840 pieces, you know what I mean? It does seem like that somehow. 475 00:25:10,720 --> 00:25:13,040 Fuck render at this gallery in Montreal. 476 00:25:13,800 --> 00:25:18,040 I've been there. He displayed it so good. 477 00:25:20,000 --> 00:25:23,240 Fucking Fred. Anyways, Tyler, go ahead. 478 00:25:24,840 --> 00:25:26,760 Then we got some more breaking news this morning. 479 00:25:27,160 --> 00:25:29,760 Trump wants Trump's coming for the metaverse. 480 00:25:29,760 --> 00:25:32,480 The Megaverse. The Megaverse What? 481 00:25:33,920 --> 00:25:38,080 He he filed a trademark for metaverse collectibles and a new 482 00:25:38,120 --> 00:25:42,560 NFC and crypto trading platform. If that's not a semi top signal 483 00:25:42,560 --> 00:25:44,920 I don't know what is. Dude last year of metaverse. 484 00:25:44,920 --> 00:25:47,360 Last cycle metaverse was the biggest top signal ever. 485 00:25:47,600 --> 00:25:50,640 This is giving me Facebook. Change his name to Meta Vibes so 486 00:25:50,640 --> 00:25:53,400 we're not there yet. We don't need more crypto assets 487 00:25:53,400 --> 00:25:56,040 from Trump, I think. I think we're we will. 488 00:25:56,240 --> 00:25:58,160 Wait till you mint his other side version. 489 00:25:59,000 --> 00:26:01,680 Maybe the other? Side Well, at least as Trump 490 00:26:01,760 --> 00:26:04,720 Organization files for trademark for Trump to launch from NFT 491 00:26:04,720 --> 00:26:09,240 trading platform. Because he he already has. 492 00:26:09,680 --> 00:26:12,040 He has NFTS already. Oh, he loves NFTS. 493 00:26:13,760 --> 00:26:18,360 He loves NFTS Oh my God. Anyways the the magaverse. 494 00:26:18,360 --> 00:26:21,360 I mean this is also giving me like Facebook change his name to 495 00:26:21,360 --> 00:26:22,800 meta vibes. That was the first thought I 496 00:26:22,800 --> 00:26:24,280 had. Which doesn't mean you're at the 497 00:26:24,280 --> 00:26:26,640 top because there was a way biggest bigger run after that. 498 00:26:26,640 --> 00:26:28,720 Remember the whole narrative of summer last year? 499 00:26:28,720 --> 00:26:30,680 It was like this is going to fly. 500 00:26:31,880 --> 00:26:36,200 But when he mints a collection of 100,000 pieces of land with 501 00:26:36,200 --> 00:26:41,720 100,000 more to mint on a theorem blockchain, it's not 502 00:26:41,720 --> 00:26:43,040 everything. I'm buying. 503 00:26:43,560 --> 00:26:47,240 Yeah, yeah, we. Do have your house next to have 504 00:26:47,240 --> 00:26:48,840 your house next to Snoop Dogg, you know? 505 00:26:49,440 --> 00:26:51,480 Other side Other side cooked for a second. 506 00:26:51,480 --> 00:26:55,880 We just didn't sell our codas in time. 28. 507 00:26:56,920 --> 00:27:01,640 They went to 20. 8th, 28th. The Dakotas 1 to 20 each. 508 00:27:01,640 --> 00:27:05,360 Oh, yeah, yeah, yeah, Dakotas. Anyways, Tyler, there's another 509 00:27:05,360 --> 00:27:07,240 breaking news quickly. I do want to talk about this and 510 00:27:07,240 --> 00:27:08,560 then I'll. I'll give it to you. 511 00:27:08,560 --> 00:27:12,080 It was Justin BlackRock adds its own Bitcoin ETF into $150 512 00:27:12,080 --> 00:27:15,240 billion model portfolio universe just now like 30 seconds ago. 513 00:27:16,280 --> 00:27:19,160 What is the? For the first time ever in their 514 00:27:19,160 --> 00:27:21,800 model portfolio, BlackRock has a Bitcoin ETF in there. 515 00:27:23,200 --> 00:27:26,200 So just more signal that you know, for them it's like really 516 00:27:26,200 --> 00:27:29,720 like something to buy anyways. Tyler, what's the most important 517 00:27:29,720 --> 00:27:32,720 stuff you got for us today? Motion is a lot. 518 00:27:34,400 --> 00:27:37,840 Yeah, that's an interesting one. I, I think the Metamask news is 519 00:27:37,840 --> 00:27:41,520 huge just because it has, they have so many users, right. 520 00:27:42,600 --> 00:27:46,640 So they have clearly been working behind the scenes. 521 00:27:46,640 --> 00:27:48,800 They announced this huge overhaul last night. 522 00:27:49,040 --> 00:27:51,200 I think the biggest piece of this is now they've got native 523 00:27:51,200 --> 00:27:55,040 Bitcoin and sole support. You know, I remember like the 524 00:27:55,040 --> 00:27:59,200 challenges of having to set up X Verse and other Ordinals wallets 525 00:27:59,200 --> 00:28:01,280 to hold Bitcoin and it did not feel good. 526 00:28:01,680 --> 00:28:06,080 So I think for folks who want to hold those assets, that is going 527 00:28:06,080 --> 00:28:09,360 to be welcome. They've got a new UII think the 528 00:28:09,360 --> 00:28:11,600 abstracted gas is the other big piece here. 529 00:28:11,600 --> 00:28:13,680 That was good, yeah. You'll be able to pay in any 530 00:28:13,680 --> 00:28:22,160 token, so if someone sends you, I don't know, a bunch of MOG on 531 00:28:22,440 --> 00:28:25,080 ETH, you won't need ETH in that wallet to be able to swap it. 532 00:28:25,160 --> 00:28:27,760 It's so annoying by the way, that part in the 1st place that 533 00:28:27,760 --> 00:28:30,120 you how always have to have ETH to like sell something. 534 00:28:30,160 --> 00:28:32,440 The amount of times I've had to like transfer just a little bit 535 00:28:32,440 --> 00:28:34,280 of ETH or like the other day Mando had to like send me like 536 00:28:34,680 --> 00:28:36,360 dust to like buy a token. You know what I mean? 537 00:28:36,360 --> 00:28:38,440 It's like. It's just just that's what the 538 00:28:38,440 --> 00:28:41,400 that's what what's his face was saying, Andre on the show, 539 00:28:41,400 --> 00:28:44,560 right? Like it's at the blockchain 540 00:28:44,560 --> 00:28:46,280 level. You can get apps who pay the gas 541 00:28:46,280 --> 00:28:47,680 for you. Like we can opt in. 542 00:28:49,240 --> 00:28:51,520 I think they can do that on Solana and they can do that on 543 00:28:51,520 --> 00:28:52,600 Sonic. I don't think, I don't know if 544 00:28:52,600 --> 00:28:54,120 they can do it on Eve for that that one. 545 00:28:55,760 --> 00:28:57,440 Yeah. I mean, as we think about the 546 00:28:57,440 --> 00:28:59,880 user experience in crypto more broadly, I think that's one of 547 00:28:59,880 --> 00:29:02,640 the major hurdles that they cast to get fixed and looks like 548 00:29:02,640 --> 00:29:05,040 we're starting to make some progress on that front. 549 00:29:05,040 --> 00:29:07,200 Perhaps the biggest unlock is going to be the smart account 550 00:29:07,200 --> 00:29:09,680 features, and I haven't really seen any examples of what that 551 00:29:09,720 --> 00:29:13,920 could look like, but that seems like 1 aspect of this that could 552 00:29:13,920 --> 00:29:15,720 have arguably the most potential. 553 00:29:16,200 --> 00:29:18,880 And then that Metamask credit card, it's sharp. 554 00:29:19,160 --> 00:29:20,120 Very cool. Enough. 555 00:29:21,720 --> 00:29:24,240 You have 1 though. Oh I I have the digital, I want 556 00:29:24,240 --> 00:29:26,600 the physical. Yeah, yeah, I got you. 557 00:29:26,920 --> 00:29:30,520 Down reply sections to to these posts to to try to. 558 00:29:31,000 --> 00:29:33,240 No, no, we got you. So I was supposed to go to 559 00:29:33,240 --> 00:29:36,560 Denver to pick mine up 'cause they, they made some for me 560 00:29:36,560 --> 00:29:38,840 locks and I'm sure we, we got you, we got you. 561 00:29:38,840 --> 00:29:41,680 But that they're good. I think Loxy went to their 562 00:29:41,680 --> 00:29:44,080 events apparently was great. A lot of people knock you on 563 00:29:44,080 --> 00:29:46,600 East Denver, but all the side events are actually packed and 564 00:29:46,600 --> 00:29:47,960 there's a lot of good conversations happening. 565 00:29:48,320 --> 00:29:50,720 I know for a fact that on a business level, like we've like 566 00:29:50,720 --> 00:29:53,600 we sent locks last minute and like there's a lot being done 567 00:29:53,600 --> 00:29:55,720 behind the scenes. Yeah, I'll say this was actually 568 00:29:55,720 --> 00:29:58,320 the first year I had E Denver. FOMO. 569 00:29:58,680 --> 00:30:00,680 Wish I I was there. It seemed like there's a There's 570 00:30:00,680 --> 00:30:02,640 a lot happening there. The conferences themselves are 571 00:30:02,640 --> 00:30:04,600 never like that crazy by the way, like anywhere you go in the 572 00:30:04,600 --> 00:30:07,000 world, but like the side events and the biz you do face to face, 573 00:30:07,000 --> 00:30:09,240 bar none. Yeah, totally agree. 574 00:30:09,720 --> 00:30:11,400 The the other aspect of this meta mask. 575 00:30:11,960 --> 00:30:14,560 So they changed their logo. The fox is winking. 576 00:30:15,040 --> 00:30:18,160 Why is the fox winking? And they wonder. 577 00:30:18,160 --> 00:30:20,120 And yesterday they dismissed the case. 578 00:30:21,960 --> 00:30:25,080 The token's coming. I don't it's not going to be the 579 00:30:25,120 --> 00:30:27,800 the mask token, but it's probably the linear token right 580 00:30:28,000 --> 00:30:30,840 tied to there. So you think it's going to be a 581 00:30:30,840 --> 00:30:33,680 linear token tied to Metamask over a Metamask token? 582 00:30:34,160 --> 00:30:36,560 You know how to fart one way. I I am a linear user. 583 00:30:36,640 --> 00:30:40,000 I have used linear because if you have that Metamask credit 584 00:30:40,000 --> 00:30:44,560 card you have to put your funds on linea so I'm ready. 585 00:30:45,080 --> 00:30:47,120 That's actually so smart. I know you were saying this, we 586 00:30:47,120 --> 00:30:48,640 were talking about this yesterday, but a good way to 587 00:30:48,640 --> 00:30:51,040 farm that chain is actually using the credit card. 588 00:30:51,480 --> 00:30:53,800 So like for example, my crypto credit card is on Nosis chain, 589 00:30:54,320 --> 00:30:56,520 but there's no Nosis AirDrop coming, but you get like cash 590 00:30:56,520 --> 00:30:58,640 back. But like right now this makes me 591 00:30:58,640 --> 00:31:02,640 want to get a Metamask card just to transact on Linea by buying 592 00:31:02,640 --> 00:31:04,200 things. So that's for when the 593 00:31:04,200 --> 00:31:08,680 inevitable AirDrop comes. You get it, you get it late. 594 00:31:08,960 --> 00:31:10,080 I feel like that's actually smart. 595 00:31:10,360 --> 00:31:11,760 Why not? The thing about these crypto 596 00:31:11,760 --> 00:31:13,760 credit cards is like they don't, they don't impact your credit 597 00:31:13,760 --> 00:31:16,000 score and they're all just like asset backed. 598 00:31:16,240 --> 00:31:18,440 They're amazing. Crypto credit cards are amazing. 599 00:31:18,760 --> 00:31:21,320 You can't just go spend 100K if you don't have money in the 600 00:31:21,320 --> 00:31:22,520 wall. So if folks don't know how this 601 00:31:22,520 --> 00:31:26,200 works, you basically you have to fund the wallet with USDC and 602 00:31:26,280 --> 00:31:29,440 then you can spend against that effectively. 603 00:31:29,440 --> 00:31:33,640 So it's more like a debit card, but it is a very nice way to be 604 00:31:33,640 --> 00:31:35,920 able to spend your crypto assets in the real world. 605 00:31:36,880 --> 00:31:39,520 Yeah, it's, it's actually pretty good. 606 00:31:40,360 --> 00:31:42,120 I I'm excited. I'm excited to see what it's 607 00:31:42,120 --> 00:31:43,160 like. I'm excited to get one. 608 00:31:43,200 --> 00:31:46,240 I think they're really cool. So it's not about 3% cash back 609 00:31:46,240 --> 00:31:47,360 in USDC. Not bad. 610 00:31:48,320 --> 00:31:51,840 Not bad, honestly. A lot of these now it's getting 611 00:31:51,840 --> 00:31:53,800 crowded. Avax has theirs. 612 00:31:54,480 --> 00:31:57,120 Meme pay from meme lands that they've got theirs. 613 00:31:57,120 --> 00:31:59,520 Yeah, Yeah, you can. It's, it's, it's not that like 614 00:31:59,520 --> 00:32:01,120 we met the head of MasterCard in Paris. 615 00:32:01,160 --> 00:32:02,240 It's cool. Like they're, they're really 616 00:32:02,240 --> 00:32:05,240 like tapped in to the space. They love it. 617 00:32:05,280 --> 00:32:06,880 I mean, it's good business for them, right? 618 00:32:07,560 --> 00:32:09,400 The whole stable quiz thing, getting these just to spend 619 00:32:09,400 --> 00:32:10,480 their crypto. I mean, remember you talked 620 00:32:10,480 --> 00:32:12,120 about using crypto credit cards a while ago, right? 621 00:32:13,080 --> 00:32:15,240 I've been using them for years. Yeah, yeah, forever. 622 00:32:15,280 --> 00:32:19,800 It's I, I actually encourage people to get one and actually 623 00:32:19,800 --> 00:32:21,880 like spend some of first of all, spend some of your fucking 624 00:32:21,880 --> 00:32:23,440 money, man. First of all, like, you know, 625 00:32:23,440 --> 00:32:25,600 like you got to like those infinite, those magic dollars 626 00:32:25,680 --> 00:32:27,920 like are not going to, you know, we're also going to spend at the 627 00:32:27,920 --> 00:32:30,480 casino. And second of all, it'll also 628 00:32:30,680 --> 00:32:32,720 help you get a grip of what money's worth. 629 00:32:33,200 --> 00:32:35,840 I think we get very desensitized to money in this industry. 630 00:32:36,320 --> 00:32:39,120 And there's nothing like buying, I don't know, $500 dinner or 631 00:32:39,120 --> 00:32:41,880 like, I don't know, something with your crypto or like a 632 00:32:41,880 --> 00:32:43,560 talkie tickets or whatever you like. 633 00:32:43,760 --> 00:32:45,880 And realizing that this is actually real money, you know, 634 00:32:47,160 --> 00:32:49,200 it'll help you probably trade better because you'll have a 635 00:32:49,200 --> 00:32:50,760 better understanding of the value of money. 636 00:32:51,480 --> 00:32:53,960 Because I got desensitized for a second and I got my crypto 637 00:32:53,960 --> 00:32:58,400 credit card and now I save a lot of money because I cash out to 638 00:32:58,400 --> 00:33:02,320 my crypto credit card like every week a tiny bit, but still 639 00:33:02,320 --> 00:33:04,800 something. So I think people should do 640 00:33:04,800 --> 00:33:05,800 that. I encourage people. 641 00:33:05,800 --> 00:33:07,080 To get. That's really good advice, like 642 00:33:07,320 --> 00:33:08,800 I've said that for a long time. Like when? 643 00:33:09,280 --> 00:33:11,640 You told me, remember you told me that like why am I get broke? 644 00:33:11,640 --> 00:33:12,680 You should get a crypto credit card. 645 00:33:13,480 --> 00:33:16,080 It's just good it like I pay for everything. 646 00:33:17,200 --> 00:33:21,400 My my whole life is paid in crypto except for my rent, but 647 00:33:21,400 --> 00:33:22,960 everything else is on crypto credit card. 648 00:33:22,960 --> 00:33:25,880 So anyways, Tyler, that was big good stuff for Metamask. 649 00:33:25,880 --> 00:33:28,000 I know a lot of people knock on like brand designs, but if you 650 00:33:28,000 --> 00:33:30,560 understood branding like it's like little things sometimes 651 00:33:30,560 --> 00:33:32,400 make a big difference. Like I see the difference in 652 00:33:32,400 --> 00:33:33,920 Metamask logo as soon as I open the thing. 653 00:33:34,880 --> 00:33:37,920 And sometimes you don't need a whole logo changes, just just 654 00:33:38,520 --> 00:33:41,080 just Polish the thing a little bit, you know what I mean? 655 00:33:41,080 --> 00:33:43,520 So hopefully we get some news there on the token front now 656 00:33:43,520 --> 00:33:45,400 that they cooked the SECI, don't know if you want to talk about 657 00:33:45,400 --> 00:33:46,800 that, but that was also big news, right? 658 00:33:47,840 --> 00:33:49,800 Those were the other headlines. I didn't really dig ends. 659 00:33:50,000 --> 00:33:52,840 I've kind of felt like this was all inevitable. 660 00:33:53,000 --> 00:33:55,880 Yeah, that's easy for us to say for these folks who have paid 661 00:33:55,880 --> 00:33:57,680 10s of millions of dollars in legal fees. 662 00:33:57,960 --> 00:34:00,600 In hundreds of millions of dollars, Gemini said. 663 00:34:02,320 --> 00:34:04,440 Hundreds. Hundreds Gemini the the 664 00:34:04,440 --> 00:34:06,360 Winklevice said that it was in the hundreds of millions of 665 00:34:06,360 --> 00:34:08,960 others spent in legal fees against CSC for crypto 666 00:34:08,960 --> 00:34:11,600 companies. Oh, across everyone. 667 00:34:11,639 --> 00:34:12,560 Everyone. Yeah. 668 00:34:12,560 --> 00:34:13,440 Together. Yeah. 669 00:34:13,480 --> 00:34:14,239 Yeah. OK, that makes sense. 670 00:34:15,800 --> 00:34:20,440 Yeah, now we have a Lubin announcing that they, they, they 671 00:34:20,440 --> 00:34:22,000 were falling. They, they fought back against 672 00:34:22,000 --> 00:34:25,520 the SEC and looks like they're going to have the case dropped 673 00:34:29,520 --> 00:34:31,760 on the same day. So it feels like the writing's 674 00:34:31,760 --> 00:34:32,719 on the wall. They're all going to get 675 00:34:32,719 --> 00:34:37,719 dropped. And at the same time, it seems 676 00:34:37,719 --> 00:34:41,400 like the SEC is going to switch gears and actually start looking 677 00:34:41,400 --> 00:34:45,000 at those committing fraud. Yeah, 100%. 678 00:34:45,000 --> 00:34:47,280 Let's talk about the other news, the memecoin 1. 679 00:34:47,520 --> 00:34:49,840 I know you covered it, but that that was a funny one because the 680 00:34:49,840 --> 00:34:53,320 timeline, as soon as they saw it, they thought, heads go crime 681 00:34:53,320 --> 00:34:55,280 season's back, but hold your horses. 682 00:34:55,960 --> 00:34:59,360 You can't commit breaking news. Crime is still illegal. 683 00:35:00,960 --> 00:35:03,360 It is indeed so. Yesterday, the SEC issued a 684 00:35:03,360 --> 00:35:06,440 statement. Clarify the application of 685 00:35:06,440 --> 00:35:08,640 federal security laws to meme coins. 686 00:35:08,880 --> 00:35:13,360 They concluded meme coins are not securities and thus they do 687 00:35:13,360 --> 00:35:17,600 not require SEC registration. But they also did still warn of 688 00:35:17,600 --> 00:35:21,080 potential fraud risks and actions that could be taken to 689 00:35:21,080 --> 00:35:26,200 still be deemed as a security. So the the reason they they went 690 00:35:26,200 --> 00:35:28,040 into it, their their rationale for why meme coins are not 691 00:35:28,040 --> 00:35:31,520 securities basically applied to Howie test and said that because 692 00:35:31,520 --> 00:35:34,480 funds are not pulled together and that price movement depends 693 00:35:34,480 --> 00:35:37,400 on market sentiment, not the efforts of a central entity, 694 00:35:37,760 --> 00:35:41,720 they are not securities. But they did say that not all 695 00:35:41,720 --> 00:35:43,520 meme coins are necessarily exempt. 696 00:35:43,560 --> 00:35:48,200 And if if one is structured in a way that mimics securities, like 697 00:35:48,280 --> 00:35:51,280 promising returns via a managed enterprise, they still might 698 00:35:51,280 --> 00:35:54,760 regulate it. Then they also caution that 699 00:35:54,760 --> 00:35:58,320 fraudulent activity could still face persecution under other 700 00:35:58,320 --> 00:36:01,120 laws, even though that they're not securities. 701 00:36:01,120 --> 00:36:03,680 So I think this is first reactions. 702 00:36:04,040 --> 00:36:06,320 We, we got the clarification we wanted. 703 00:36:06,320 --> 00:36:11,520 It was a logical, reasonable document that I feel like just 704 00:36:12,360 --> 00:36:17,600 welcome back to logic and reason here from our regulators. 705 00:36:19,800 --> 00:36:21,360 It does raise the question for me. 706 00:36:21,480 --> 00:36:24,200 The 1st place my head went was like OK so which of our meme 707 00:36:24,200 --> 00:36:28,960 coins still might be securities? Sorry, no, sorry, it's not 708 00:36:30,160 --> 00:36:33,160 considering a Libra. Well, I don't know about that. 709 00:36:33,160 --> 00:36:36,640 I think Libra committed fraud, certainly. 710 00:36:36,640 --> 00:36:38,560 No, but they said they didn't sell it as a meme coin. 711 00:36:38,560 --> 00:36:41,000 They sold it as something to help the Argentinian government 712 00:36:41,000 --> 00:36:44,480 and economy. They was totally the promise of 713 00:36:44,480 --> 00:36:45,040 something. Yeah. 714 00:36:45,080 --> 00:36:47,760 So for the Howie test, it's important at the time of sale 715 00:36:47,800 --> 00:36:54,200 was being promised, right. So out of the top meme coins, I 716 00:36:54,200 --> 00:36:58,080 don't think any of them at the time of sale, like you could 717 00:36:58,080 --> 00:37:03,600 argue like Bonk now has a whole like ecosystem of trading blocks 718 00:37:03,600 --> 00:37:06,400 and all that sort of stuff. But at the time of sale, I don't 719 00:37:06,400 --> 00:37:10,480 think I I felt like largely none of the major coins were going to 720 00:37:10,480 --> 00:37:13,000 be hurt. By this I agree. 721 00:37:13,640 --> 00:37:17,320 I think, but what might get tricky is some of these like AI 722 00:37:17,320 --> 00:37:20,200 investment dials. Yes, dials are different. 723 00:37:21,840 --> 00:37:23,000 Yeah, they're different. Jelly. 724 00:37:23,000 --> 00:37:25,320 Jelly would be an example of something that you you would 725 00:37:25,320 --> 00:37:29,200 argue is not a meme coin in this Internet capital markets shut. 726 00:37:29,520 --> 00:37:31,960 Down, Yeah, Internet capital markets definitely does not fit 727 00:37:31,960 --> 00:37:33,440 within the definition if you ask me. 728 00:37:34,360 --> 00:37:38,200 So but but like nothing. None of the major meme coins I 729 00:37:38,200 --> 00:37:41,720 think are affected by this. You could you could argue that 730 00:37:41,720 --> 00:37:47,440 some of the AI coins that were sold as meme coins might get 731 00:37:47,440 --> 00:37:49,640 tripped up by this. But even then, like, it's going 732 00:37:49,640 --> 00:37:51,720 to take so much time to argue that, like, at the end of the 733 00:37:51,720 --> 00:37:53,200 day, I don't think they're going after anything, right? 734 00:37:53,720 --> 00:37:56,200 But I would say like the major ones, let's go through them so 735 00:37:56,200 --> 00:37:59,840 far. Coin no AI16Z originally was 736 00:37:59,840 --> 00:38:04,400 just a meme of Marc Andreessen, right? 737 00:38:06,480 --> 00:38:11,760 So I don't know actually, maybe it was originally an investment 738 00:38:11,760 --> 00:38:15,520 Dow style product like that one, I don't know. 739 00:38:16,000 --> 00:38:23,280 Probably the. Ark Ark you could argue yeah 740 00:38:23,320 --> 00:38:26,760 Donna meme more of a security. I would have to look at what was 741 00:38:26,760 --> 00:38:31,840 done when it was sold. I think, well, there's also 742 00:38:31,840 --> 00:38:36,360 security in this utility, right? Well, well, it's more like. 743 00:38:37,000 --> 00:38:39,200 Are they what are they promising you at launch? 744 00:38:40,120 --> 00:38:41,400 Right. What did they promise you at 745 00:38:41,400 --> 00:38:44,120 launch? Now these were all done on pump 746 00:38:44,120 --> 00:38:46,160 funds, so there's no like. That's the thing. 747 00:38:46,280 --> 00:38:47,880 Pump fund launch, you promised nothing. 748 00:38:47,880 --> 00:38:50,320 Yeah. That's a security cell. 749 00:38:50,320 --> 00:38:52,760 It, it, it's, I don't think they're going to come off to any 750 00:38:52,760 --> 00:38:54,440 of them. And that and by the way, even if 751 00:38:54,440 --> 00:38:56,720 you have a meme coin, Tyler, that by the definition is not a 752 00:38:56,720 --> 00:38:58,920 security, doesn't mean you can commit fraud within that meme 753 00:38:58,920 --> 00:39:01,960 coin. So PNDS like what that means 754 00:39:01,960 --> 00:39:04,120 that Lily Portnoy thinking, oh, let's go now I can launch a 755 00:39:04,120 --> 00:39:06,320 coin. No, like he's totally wrong. 756 00:39:06,520 --> 00:39:09,400 What he was doing is literally loading up from multiple side 757 00:39:09,400 --> 00:39:12,720 wallets, pumping it, then dumping it on people, then 758 00:39:12,720 --> 00:39:13,960 saying he doesn't know who's dumping. 759 00:39:14,280 --> 00:39:16,520 That is still considered fraud right? 760 00:39:16,520 --> 00:39:18,640 I just want to make that clear. It's. 761 00:39:19,200 --> 00:39:20,960 Fine, right? Fine. 762 00:39:20,960 --> 00:39:22,160 I mean, yeah. And then they have to go and 763 00:39:22,160 --> 00:39:24,080 prove it, right, Tyler. So this goes to the court of 764 00:39:24,080 --> 00:39:25,480 law, blah blah, blah, blah, blah, blah, blah. 765 00:39:25,480 --> 00:39:29,680 And we're not lawyers, so. What what seems legal now? 766 00:39:29,680 --> 00:39:32,800 Like what's this point out? So like, if you were to launch a 767 00:39:32,800 --> 00:39:37,880 throat coin, you could promote it as a, as just a collectible, 768 00:39:38,720 --> 00:39:42,080 you could tout it and, and, and you could dump it and you'd be 769 00:39:42,080 --> 00:39:44,960 totally fine as long as you didn't make any like false 770 00:39:44,960 --> 00:39:48,320 promises that you were, you know, going to hold for some 771 00:39:48,560 --> 00:39:50,040 period of time. Yeah. 772 00:39:50,880 --> 00:39:52,440 So like that is now clear. What? 773 00:39:52,440 --> 00:39:53,520 What? You could launch endless pump 774 00:39:53,520 --> 00:39:55,080 funds now. You could be like a pump pump 775 00:39:55,200 --> 00:39:57,680 pump fund dev that never tweets about shit and you can launch 776 00:39:57,680 --> 00:40:00,840 100 coins a day. Why are we not doing this, boys? 777 00:40:00,840 --> 00:40:02,240 Let's have a let's have a coin a day. 778 00:40:02,240 --> 00:40:04,680 Well. Because honestly, I'll tell you 779 00:40:04,680 --> 00:40:07,920 why is because there is actually the the code of the day should 780 00:40:07,920 --> 00:40:11,560 be a meme coin. Yeah, yeah, epic. 781 00:40:14,320 --> 00:40:16,560 Yeah, anyways. I can travel back to the US now. 782 00:40:17,000 --> 00:40:23,680 Speaking, speaking, Speaking of codes, speaking, Speaking of 783 00:40:23,680 --> 00:40:25,080 codes. The code today is rebound, 784 00:40:25,280 --> 00:40:28,920 REBOUND, rebound. Rafflebot dot XYZ. 785 00:40:28,920 --> 00:40:30,040 Come on. A crypto punk, lads. 786 00:40:30,440 --> 00:40:33,640 Crypto punks. Tyler for the longest time 787 00:40:33,640 --> 00:40:35,240 didn't want punks. He didn't even like punks. 788 00:40:35,240 --> 00:40:37,880 He was talking shit about punks and then he buys a punk. 789 00:40:39,160 --> 00:40:40,720 Another crash. Decimated. 790 00:40:41,440 --> 00:40:43,160 Many such cases, many such. Cases. 791 00:40:43,160 --> 00:40:44,760 Many such cases. God damn it. 792 00:40:44,760 --> 00:40:48,600 Just kidding Tyler, we love you. I made a clear mistake and I've 793 00:40:48,600 --> 00:40:51,240 seen people talk about making this mistake and I still make. 794 00:40:51,240 --> 00:40:54,440 What's going on? You have a nice trade or for me 795 00:40:54,440 --> 00:40:56,960 here was a nice air drop. And the next second. 796 00:40:57,400 --> 00:41:03,280 Instead of taking the funds, sleeping on it, giving myself 797 00:41:03,280 --> 00:41:05,880 some time to think through, I did the exact thing you're not 798 00:41:05,880 --> 00:41:10,640 supposed to do when I impulse bot a a punk in the same day. 799 00:41:11,600 --> 00:41:14,000 And. Had I waited seven days I could 800 00:41:14,000 --> 00:41:22,160 have bought with the the perfect trade 3 2 for sure. 801 00:41:22,720 --> 00:41:24,400 Wow, you could have bought 3 punks. 802 00:41:24,400 --> 00:41:26,120 That's top range. And that's assuming that you 803 00:41:26,120 --> 00:41:28,160 would have top Kaido. Yeah. 804 00:41:28,440 --> 00:41:29,440 So like that two. Punks is. 805 00:41:30,320 --> 00:41:33,800 A possible thing, but yeah, I could have basically gotten 2 if 806 00:41:33,800 --> 00:41:36,920 I would have played it better. I don't think, just don't 807 00:41:36,920 --> 00:41:39,400 overthink it, right? Lots of people have done shitty 808 00:41:39,400 --> 00:41:44,280 trades over the last week and they included, I think, yeah, 809 00:41:44,280 --> 00:41:46,000 you just did what you did. I think in a year's time you'll 810 00:41:46,000 --> 00:41:49,160 probably be. Really happy not even but by 811 00:41:49,200 --> 00:41:50,760 September you know what I mean? Like I. 812 00:41:51,200 --> 00:41:54,600 I just mean in general, you'll remember having punk you you 813 00:41:54,600 --> 00:41:57,280 know it'll be it'll be quite a cool thing to you'll have. 814 00:41:59,000 --> 00:42:03,080 I agree. I don't eve eve like if you're 815 00:42:03,080 --> 00:42:07,560 talking about me by a mug, I don't know if people are rushing 816 00:42:07,560 --> 00:42:13,040 to buy a dot E badge right now. Guys, this is like we were even 817 00:42:13,040 --> 00:42:15,160 saying like, oh, maybe ETH will look here good here with 818 00:42:15,200 --> 00:42:17,760 everything going on Solana, but. I was there for a day, I was 819 00:42:17,760 --> 00:42:19,800 there for a day, and now I was there for 1/2 of it. 820 00:42:20,080 --> 00:42:22,440 Same. And when it went to 2800 the 821 00:42:22,440 --> 00:42:24,720 other day I'm like, oh maybe then I'm like yeah let me hold 822 00:42:24,720 --> 00:42:29,120 off and Bang Bang bang suck. Downloaded the whole fucking 823 00:42:29,120 --> 00:42:33,960 clip on that thing. Code is rebound REBOUND rebound 824 00:42:33,960 --> 00:42:36,040 rebound raffle bought the XYZ rebound. 825 00:42:36,680 --> 00:42:37,760 You know I'll. Never do though. 826 00:42:37,760 --> 00:42:43,040 Like it does feel as though there is a very vocal bit of the 827 00:42:43,040 --> 00:42:46,600 community that just trashy I mean. 828 00:42:46,680 --> 00:42:48,360 What Anthem is doing is little intense. 829 00:42:48,360 --> 00:42:49,440 Like now he's playing for. Six months. 830 00:42:49,440 --> 00:42:52,200 Not just him, it's all the hyper liquid guys, yeah. 831 00:42:52,200 --> 00:42:58,800 Floods, yeah. It's it's a lot of other Solana 832 00:42:58,800 --> 00:43:06,560 people to, it's kind of crazy to see like there's a lot of hate 833 00:43:06,720 --> 00:43:08,760 on the timeline for ETH. Yeah, like stuff like that. 834 00:43:08,760 --> 00:43:11,400 Like I get it, conferences are kind of mad, but like you also 835 00:43:11,400 --> 00:43:13,320 like don't have to put a picture of what it's empty. 836 00:43:16,600 --> 00:43:20,240 It is funny though when you read like this is a fact, right? 837 00:43:20,240 --> 00:43:23,600 And that's pretty crazy. ETH is trading at the same price 838 00:43:23,600 --> 00:43:26,440 it was during April 2021. If you bought ETH in April 2021, 839 00:43:26,440 --> 00:43:27,520 you would be break even right now. 840 00:43:27,520 --> 00:43:32,680 While bitcoins up 42%, QQQ is up 49%, salon is up 430%, T bill 841 00:43:32,680 --> 00:43:35,200 yield is up 8%. Like even yield BU you know, 842 00:43:35,200 --> 00:43:39,040 it's like T-bills, it's intense. Yeah. 843 00:43:40,280 --> 00:43:44,400 I mean no one who bought hype outside of the 1st 8 days of his 844 00:43:44,400 --> 00:43:45,840 existence is up on the turret well. 845 00:43:46,120 --> 00:43:47,840 No, a lot of these guys made money on the AirDrop, right? 846 00:43:47,840 --> 00:43:49,480 That's. That's the point, right? 847 00:43:50,080 --> 00:43:53,200 But he actually had another tweet which made me think a 848 00:43:53,400 --> 00:43:54,920 little bit more. Go back to if you go back to his 849 00:43:54,920 --> 00:43:56,440 profile, he dunked on everything, right? 850 00:43:56,440 --> 00:43:58,600 But he he dunked on Solano a little bit. 851 00:44:00,400 --> 00:44:04,600 We should have him on. What's the other tweet? 852 00:44:04,800 --> 00:44:08,960 Baby, he's he's talking about Solano like that. 853 00:44:09,120 --> 00:44:12,440 We have just like accepted that we just got rugged on for many 854 00:44:12,440 --> 00:44:16,400 months. Kaido, too. 855 00:44:16,880 --> 00:44:18,320 Yeah, Kaido. Kaido is from. 856 00:44:18,720 --> 00:44:21,440 The Maybe it's a day or two ago, Maybe it's a day or two ago. 857 00:44:21,800 --> 00:44:25,280 They do tweet a lot so it's tough to see. 858 00:44:26,040 --> 00:44:29,160 Yeah, there we go. Which one this? 859 00:44:29,920 --> 00:44:31,720 No. Why have we received no clarity? 860 00:44:32,200 --> 00:44:35,200 Who was doing all the sniping of tokens on Solana? 861 00:44:35,720 --> 00:44:37,960 Why is the salon's community not banging down the doors asking 862 00:44:37,960 --> 00:44:40,480 for explanations about who is inside of trading? 863 00:44:40,480 --> 00:44:43,120 Clearly using material non public for Mason to steal from 864 00:44:43,120 --> 00:44:45,920 retail. And the next comment was they 865 00:44:45,920 --> 00:44:48,360 stole your money by promising you a version of events that 866 00:44:48,360 --> 00:44:50,600 meme coins were a completely organic and fair playing field. 867 00:44:50,600 --> 00:44:53,080 And when it turns out to be systematically set up, you guys 868 00:44:53,080 --> 00:44:54,680 just take it, wipe your chin and walk away. 869 00:44:55,720 --> 00:44:57,880 Maybe salon and manlets are as low T as Eastholders. 870 00:44:58,720 --> 00:45:01,240 I actually thought this was. Is he wrong? 871 00:45:02,000 --> 00:45:03,160 I thought it was pretty accurate. 872 00:45:03,560 --> 00:45:06,720 Like why is nobody looking? For him is just kind of moved 873 00:45:06,760 --> 00:45:11,440 on, like moved on from that kind of I guess they haven't moved 874 00:45:11,440 --> 00:45:14,320 on, but like it does feel it's just like, OK, so we all just 875 00:45:14,320 --> 00:45:17,920 got rugged for like a month and everyone just got decimated on 876 00:45:17,920 --> 00:45:22,040 the Daily Runner shit. He has a point. 877 00:45:26,120 --> 00:45:29,560 That was why are we not, why is, why are we not looking into 878 00:45:29,560 --> 00:45:32,880 this? Kind of a all right the whole 879 00:45:32,880 --> 00:45:35,200 story that meme coins were completely organic and fair 880 00:45:35,200 --> 00:45:38,000 playing field was you know you're you're you're calling out 881 00:45:38,000 --> 00:45:41,680 Murad here the memes that Murad was talking about were not the 882 00:45:41,680 --> 00:45:44,040 memes that were launching on Meteora and opening at a. 883 00:45:44,040 --> 00:45:45,160 Five. No, I think that's completely 884 00:45:45,160 --> 00:45:45,800 different. I agree with. 885 00:45:45,800 --> 00:45:48,760 That, yeah, I agree. I'm talking about the the the 886 00:45:48,920 --> 00:45:53,240 January to February period. Like that last stretch of crime 887 00:45:53,240 --> 00:45:56,360 wasn't like, open. Like it was just like, straight 888 00:45:56,360 --> 00:45:58,640 up like crime or crime or crime or crime. 889 00:45:59,040 --> 00:46:01,840 Like how are Yeah. Like when's where's the two? 890 00:46:01,840 --> 00:46:05,960 For internal investigation, it was better to be Femwick and 891 00:46:05,960 --> 00:46:08,520 then the onset of words. Which one? 892 00:46:09,600 --> 00:46:11,840 You don't remember, Meow said. Oh, we're going to get in 893 00:46:11,840 --> 00:46:14,720 somebody to do an investigation. Of course they didn't, bro. 894 00:46:14,720 --> 00:46:15,840 Come on. Come on. 895 00:46:16,240 --> 00:46:18,200 We're going to do. We're going to get in. 896 00:46:18,240 --> 00:46:21,200 They all close, even even day one I was in Hong Kong and I was 897 00:46:21,200 --> 00:46:23,760 the only one calling like three of us calling Ben Chow out on 898 00:46:23,760 --> 00:46:25,480 the timeline because it was sucking his Dick because he's 899 00:46:25,480 --> 00:46:28,560 the fucking founder of Meteora. I was pointing out Ben, I know 900 00:46:28,560 --> 00:46:30,240 you're guilty. Like I was literally getting DMS 901 00:46:30,240 --> 00:46:33,440 from people saying yo, this guy is guilty. 24 hours later he's 902 00:46:33,440 --> 00:46:36,000 stepping down. Like you know what I mean? 903 00:46:36,080 --> 00:46:39,000 Like they literally kicked me. Do you know, like the Solana 904 00:46:39,000 --> 00:46:41,200 Boogles, you know that comedian that's like really Chad, Chad, 905 00:46:41,200 --> 00:46:43,040 like the top, You know, Solana is super closed. 906 00:46:43,480 --> 00:46:45,680 They kicked out a few members. That's public knowledge. 907 00:46:45,680 --> 00:46:47,760 By the way. They put, they really kicked out 908 00:46:47,760 --> 00:46:51,520 members of the committee for allegedly being involved in some 909 00:46:51,520 --> 00:46:53,720 shit. Like that is pretty wild when 910 00:46:53,720 --> 00:46:56,200 you think about it. That is the top community in in 911 00:46:56,200 --> 00:46:57,840 Solana. I think this went all the way 912 00:46:57,840 --> 00:47:00,760 up, I think. I think a lot of top protocols 913 00:47:00,760 --> 00:47:02,520 in Solana probably were. They were all. 914 00:47:02,680 --> 00:47:04,320 Involved, yes, Right. I like mail. 915 00:47:04,400 --> 00:47:06,840 I think it's fucking funny, but I want to see more like they 916 00:47:06,920 --> 00:47:08,600 were. This is crazy. 917 00:47:08,800 --> 00:47:11,520 This is why I have so much trouble coming back into this 918 00:47:11,560 --> 00:47:13,200 trade. Like I'm so like. 919 00:47:15,520 --> 00:47:18,160 The tough thing about it, like I actually don't know a way where 920 00:47:18,160 --> 00:47:20,760 they couldn't have a bunch of insiders for this stuff, right? 921 00:47:20,760 --> 00:47:23,240 Like after Trump says, Hey, we want to do a coin and we need to 922 00:47:23,240 --> 00:47:25,560 launch it on muturium. We need help doing it and we 923 00:47:25,560 --> 00:47:27,520 need to do it with super. So like a bunch of people are 924 00:47:27,520 --> 00:47:29,840 going to find that out. And then when when that becomes 925 00:47:29,840 --> 00:47:32,360 the meta, when that becomes like, right, this person is now 926 00:47:32,360 --> 00:47:35,600 going to launch one and they need to come like automatically 927 00:47:35,880 --> 00:47:41,160 the platforms get to a lot of people get inside information 928 00:47:41,160 --> 00:47:43,200 and the whole market is waiting for that as well. 929 00:47:43,200 --> 00:47:47,360 Like they are waiting for that coin to come out each day that 930 00:47:47,520 --> 00:47:50,840 the opportunity for abuse is just like, unbelievable, right? 931 00:47:52,680 --> 00:47:57,400 Yeah, I agree. Anyways, I don't know, I'd love 932 00:47:57,400 --> 00:47:59,480 to get to the end of this, but it's also the soul scan is 933 00:47:59,480 --> 00:48:02,280 unreadable. So if this was on on the 934 00:48:02,280 --> 00:48:06,040 theorem, like you'd get to the end of it in like a day, right? 935 00:48:07,080 --> 00:48:09,720 No, I'm serious. Like it's a meme, it's a joke, 936 00:48:09,720 --> 00:48:12,320 but like it's real, right? Like have you ever tried reading 937 00:48:12,360 --> 00:48:13,960 soul scan? I think that's also part of the 938 00:48:13,960 --> 00:48:17,320 reason why like meme corn traders who are down, like 939 00:48:17,320 --> 00:48:20,520 they're just like accepting. It's like we all knew that the 940 00:48:20,520 --> 00:48:23,560 game that we were playing for the most part and yeah, it was 941 00:48:23,560 --> 00:48:28,280 more rigged, but but still like you, you lost a game that that's 942 00:48:28,280 --> 00:48:31,760 all predicated on trying to find the the next hire buyer. 943 00:48:32,800 --> 00:48:34,840 Does it not annoy you though that like clearly a bunch of 944 00:48:34,840 --> 00:48:37,000 people at these top protocols made like 10s of millions of 945 00:48:37,000 --> 00:48:41,920 dollars doing that? Yes, like clearly people like 946 00:48:42,200 --> 00:48:44,840 even the final one made 100 million for one guy. 947 00:48:45,320 --> 00:48:47,640 Right, one guy and he's off. By the way, what happens to put 948 00:48:47,640 --> 00:48:50,800 him back in the chart? No chance. 949 00:48:51,440 --> 00:48:54,840 No chance you saw from his exact reaction was about to happen. 950 00:48:54,840 --> 00:48:56,600 It's crazy his whole family are cons like his. 951 00:48:56,600 --> 00:48:58,440 Mom's a con all over the. Con. 952 00:48:58,600 --> 00:49:00,440 His dad's a con. Like, did you see what Beanie 953 00:49:00,440 --> 00:49:02,400 went into? Like his whole family are cons. 954 00:49:02,720 --> 00:49:05,360 Yeah, it's a family affair. They're the Millers. 955 00:49:06,400 --> 00:49:08,560 If. You pull that out, then you just 956 00:49:08,560 --> 00:49:15,360 have to basically hate Solana because those they're all the 957 00:49:15,360 --> 00:49:17,480 background of of Solana right now, right? 958 00:49:17,480 --> 00:49:21,600 Like those are the that's. What I kind of work, I know Flo 959 00:49:21,600 --> 00:49:24,800 is trying to like, he's actually trying to sew this like act. 960 00:49:24,840 --> 00:49:28,200 Of course. Hate here like he he is trying 961 00:49:28,200 --> 00:49:31,520 to do that. But on this, I thought it was, 962 00:49:31,600 --> 00:49:34,040 it was kind of Fair. Like it is kind of crazy that 963 00:49:34,040 --> 00:49:38,000 like we're just moved on and everyone in the community just 964 00:49:38,000 --> 00:49:40,120 lost a ton of money over the last two months and, and 965 00:49:40,120 --> 00:49:43,760 probably some a bunch of insiders made a ton of money and 966 00:49:43,920 --> 00:49:48,040 and that's it like on a big game. 967 00:49:50,880 --> 00:49:53,960 Yeah, The thing is like and everybody the main like. 968 00:49:53,960 --> 00:49:55,960 Smaller, isn't it? Sorry I'm talking too much. 969 00:49:56,240 --> 00:49:59,400 The main excuses are like, oh, but you knew that. 970 00:49:59,640 --> 00:50:02,200 But it's like, so it still doesn't make it OK. 971 00:50:02,920 --> 00:50:06,080 He's like, oh, we all knew slaughter the meme corn casino 972 00:50:06,080 --> 00:50:07,640 was always rigged. It's like, OK, sure. 973 00:50:07,640 --> 00:50:09,920 Yeah. But like, like this is like 974 00:50:10,440 --> 00:50:12,000 wild. And if people are coming saying 975 00:50:12,000 --> 00:50:16,920 NFTS were the same, so like, like, like, you know, that 976 00:50:16,920 --> 00:50:20,040 person killed 5 people, that person killed three people. 977 00:50:20,440 --> 00:50:22,280 Oh, but he killed less people than the other guy. 978 00:50:22,680 --> 00:50:25,920 So like, I, I think like we're a little like redacted in this. 979 00:50:25,960 --> 00:50:27,720 I swear to God in this industry, like a lot of people fell on 980 00:50:27,720 --> 00:50:29,440 their heads when they were babies or something, including 981 00:50:29,440 --> 00:50:31,160 myself. But I just don't understand. 982 00:50:31,160 --> 00:50:34,720 Like you guys like what? Like, oh, he only stole 100 983 00:50:34,720 --> 00:50:36,120 million. That guy told The Billion it's 984 00:50:36,120 --> 00:50:38,640 worse, so. We can't have nice ponzis, you 985 00:50:38,640 --> 00:50:40,120 know. Why can't we just have nice 986 00:50:40,120 --> 00:50:45,240 Ponzis guys? I'm just going to go like become 987 00:50:45,240 --> 00:50:47,600 AD 5 head on Sonic or some shit. Anyways, Tyler, do you have 988 00:50:47,600 --> 00:50:48,520 anything else you want to touch on? 989 00:50:49,400 --> 00:50:51,280 Open C at the end of the NFC cycle. 990 00:50:51,280 --> 00:50:53,680 I know there's that shit with Nate, but largely if they had 991 00:50:53,680 --> 00:50:56,640 been it been found out. Prison for $50,000. 992 00:50:57,280 --> 00:51:00,280 Right. If they had found out that these 993 00:51:00,280 --> 00:51:04,400 these actual platforms have been selling these NFS like really 994 00:51:04,400 --> 00:51:07,560 hyped NFCS or got like a ton of whitelist spots and just dumped 995 00:51:07,560 --> 00:51:10,320 them in the first minute, right. And everyone had been trying to 996 00:51:10,320 --> 00:51:15,560 buy them, but like the platform got millions that those 997 00:51:15,560 --> 00:51:17,160 platforms will be dead in the water. 998 00:51:17,560 --> 00:51:21,360 Right, and someone just said something on pump font. 999 00:51:21,360 --> 00:51:23,800 You're so right. Who's in the comment E Brink 1000 00:51:23,960 --> 00:51:26,440 Jupiter meteorite do all this, and yet we're mad at pump font. 1001 00:51:27,040 --> 00:51:29,840 Like at least pump font is like openly just selling these meme 1002 00:51:29,840 --> 00:51:33,440 coins, cashing out of the Solana front of your face, not even 1003 00:51:33,440 --> 00:51:34,880 hiding. I loans everywhere in the 1004 00:51:34,880 --> 00:51:38,560 timeline and you guys are like probably like just like happy 1005 00:51:38,560 --> 00:51:42,360 with meteorite and Jupiter like it's crazy, right? 1006 00:51:42,840 --> 00:51:44,560 You could argue I mean, and Jupiter, we're more attractive 1007 00:51:44,560 --> 00:51:48,720 companies than than pump fun here because they really preyed 1008 00:51:48,720 --> 00:51:52,560 on you. I won't come across as defeatist 1009 00:51:52,560 --> 00:51:53,880 because I'm not defeatist, but like, what? 1010 00:51:53,880 --> 00:51:55,800 What's this? What's an individual person 1011 00:51:55,800 --> 00:51:59,320 supposed to do? I actually that's not, that's 1012 00:51:59,320 --> 00:52:01,720 not my point. My point, my point right now is 1013 00:52:01,720 --> 00:52:06,840 that I think, I guess it is agrees with what we already said 1014 00:52:06,840 --> 00:52:10,680 in that Solana Sloan needs a little bit of a cleanse after 1015 00:52:10,680 --> 00:52:12,280 that. Like that's not, that's not 1016 00:52:12,280 --> 00:52:14,360 great feeling, is it, to be involved? 1017 00:52:14,360 --> 00:52:17,400 Isn't there's this like lake or water in India where you go and 1018 00:52:17,400 --> 00:52:19,800 bathe yourself in and you come out clean? 1019 00:52:20,440 --> 00:52:22,160 The Ganges? The Ganges, Yeah. 1020 00:52:22,960 --> 00:52:23,920 Yeah. I mean, let's pull this back a 1021 00:52:23,920 --> 00:52:25,160 little bit. So like we we're talking about 1022 00:52:25,160 --> 00:52:27,040 the CME future in the ET I. Don't think this is like the 1023 00:52:27,040 --> 00:52:29,600 Ganges. And I said, you're trying to 1024 00:52:29,640 --> 00:52:33,200 fuck in our, in our group chat. Like, all right, the the ETF is 1025 00:52:33,200 --> 00:52:34,760 coming. Now we just have to come up for 1026 00:52:34,760 --> 00:52:38,000 like, what? What's the thesis to pitch the 1027 00:52:38,000 --> 00:52:41,320 sole ETF buyers out there? Yeah. 1028 00:52:41,920 --> 00:52:44,480 Different, right? I don't know that I, I have the 1029 00:52:44,480 --> 00:52:47,240 articulated thesis just yet. So we, I think that's a part of 1030 00:52:47,240 --> 00:52:48,880 the cleanse. It's like, let's come up with 1031 00:52:48,880 --> 00:52:52,080 the the new thesis statement. The the first thing you want to 1032 00:52:52,080 --> 00:52:56,280 do is not buy Solana, but like maybe maybe I'll just talk about 1033 00:52:56,280 --> 00:52:58,640 this slightly from from my standpoint, because I've spent a 1034 00:52:58,640 --> 00:53:01,680 year now nearly a year trying to build up epic with lots of tons 1035 00:53:01,720 --> 00:53:04,040 of other stuff. It kind of infuriates me as well 1036 00:53:04,040 --> 00:53:07,040 because it's like people were playing that game and just 1037 00:53:07,040 --> 00:53:10,920 getting absolutely hoes and then now no, no slot. 1038 00:53:10,920 --> 00:53:13,400 I mean was just getting absolutely destroyed, absolutely 1039 00:53:13,400 --> 00:53:17,600 like annihilated. Now it's kind of ruined the 1040 00:53:17,600 --> 00:53:19,880 whole system. I don't know, it's ruined it, 1041 00:53:19,880 --> 00:53:24,400 but like, I would like to hope that, you know, things coalesce 1042 00:53:24,400 --> 00:53:26,080 around different projects, all that sort of stuff. 1043 00:53:26,080 --> 00:53:30,560 But it is it's, it's just like those guys have really ruined it 1044 00:53:30,800 --> 00:53:35,480 now. Yeah, I don't know. 1045 00:53:35,920 --> 00:53:43,200 The question is, are new market participants going to want to 1046 00:53:43,200 --> 00:53:47,040 get in on what's coming next? Like again, because the new 1047 00:53:47,040 --> 00:53:51,280 market participants that came in from the celebrities, the 1048 00:53:51,280 --> 00:53:54,520 Trump's, the Melanias, the streams and this and that, like, 1049 00:53:54,520 --> 00:53:56,240 you know, the people that brought it, because there was 1050 00:53:56,240 --> 00:53:58,560 some people on board like, you know, you can laugh at like the 1051 00:53:58,560 --> 00:54:01,040 streaming and the Aiden Ross's, but that's still on board. 1052 00:54:01,040 --> 00:54:03,320 Something like this stuff. They get so touts people's 1053 00:54:03,320 --> 00:54:05,360 curiosity, which brings them into the space. 1054 00:54:06,120 --> 00:54:11,200 Those people are all down a lot. Like I saw this tweet, this guy 1055 00:54:11,200 --> 00:54:14,520 was like, oh guys, I had 25 K at the top. 1056 00:54:14,520 --> 00:54:17,040 I'm a 19 year old now I'm 4K. Like these sweets are starting 1057 00:54:17,040 --> 00:54:17,920 to come out, you know what I mean? 1058 00:54:18,640 --> 00:54:21,040 Or the other guy I showed you guys saying that he bought MLG 1059 00:54:21,040 --> 00:54:22,240 all the way to the top using his bank. 1060 00:54:22,240 --> 00:54:23,440 And by the way, that's his own fault, right? 1061 00:54:23,440 --> 00:54:26,440 No, just going to say MLG. Don't go blaming banks and shit. 1062 00:54:26,720 --> 00:54:30,560 But I'm saying like, and now he's got credit card debt. 1063 00:54:30,560 --> 00:54:32,240 Like these tweets are coming out again. 1064 00:54:33,040 --> 00:54:34,760 It might what brings this people back to Solana. 1065 00:54:35,040 --> 00:54:37,360 It might not be Banks fault but MLG might be one of the worst 1066 00:54:37,360 --> 00:54:39,200 rugs for the whole cycle. Just to let you know. 1067 00:54:39,800 --> 00:54:42,760 Like this is bad when mainstreaming gaming seems they 1068 00:54:42,760 --> 00:54:46,360 can come in this. But like I think a lot of new 1069 00:54:46,360 --> 00:54:48,120 entrants came in for that coin a lot. 1070 00:54:48,120 --> 00:54:53,000 It was one of the more widespread coins right at the 1071 00:54:53,000 --> 00:54:56,040 end of the cycle And far Coin, I said I think did that a little 1072 00:54:56,040 --> 00:55:00,160 bit too, like a coin that went mainstream this cycle. 1073 00:55:00,160 --> 00:55:06,200 Far Coin Made went proper mainstream though I imagine the 1074 00:55:06,200 --> 00:55:07,040 two actually. Fuck me. 1075 00:55:07,080 --> 00:55:09,560 Wow that's that was the even wake here right? 1076 00:55:09,560 --> 00:55:13,720 The stream wig dude. It went out to 9 million. 1077 00:55:15,200 --> 00:55:18,920 I so true story, I was at the airport in Toronto last Friday 1078 00:55:19,000 --> 00:55:21,800 and I heard this guy saying yeah MLG hit my spot where I'm buying 1079 00:55:22,320 --> 00:55:23,880 at the lounge, Air Canada lounge. 1080 00:55:23,880 --> 00:55:25,240 That was funny. Yeah, I. 1081 00:55:25,640 --> 00:55:30,320 Mean how many tokens put printed that candle where it goes 30 1082 00:55:30,320 --> 00:55:32,280 million to 100. And 50 million, I mean this 1083 00:55:32,280 --> 00:55:36,080 exact pattern, we've seen it on every token at this stage, 1084 00:55:37,840 --> 00:55:43,560 right? So I mean, how are let's look at 1085 00:55:43,560 --> 00:55:45,160 like, how is something like pop what? 1086 00:55:45,160 --> 00:55:46,760 I didn't even look like. What's Popcat? 1087 00:55:47,040 --> 00:55:49,560 But Popcat, you had plenty of time. 1088 00:55:49,560 --> 00:55:54,080 Oh yeah. And you were up like only the 1089 00:55:54,080 --> 00:55:57,680 people who really round trip that one are down like that. 1090 00:55:57,680 --> 00:55:58,760 Was yeah, yeah, yeah. You had time. 1091 00:55:58,760 --> 00:56:00,760 You had many chances to stop Popcat. 1092 00:56:01,560 --> 00:56:05,800 Same with WIF. Same with WIF, see those the new 1093 00:56:05,800 --> 00:56:10,920 memes they die at this first done here like the old memes 1094 00:56:11,320 --> 00:56:13,960 for. 11 months so I didn't. I basically round tripped the 1095 00:56:13,960 --> 00:56:17,040 entire first cycle, but then we got a full second shot at it. 1096 00:56:18,000 --> 00:56:20,960 Yeah, see the did. The new memes never gave her a 1097 00:56:20,960 --> 00:56:25,880 second chance yet, but. So this, so going back to why I 1098 00:56:25,880 --> 00:56:29,160 bought MOG today is because I was like, it's not on, not on 1099 00:56:29,160 --> 00:56:32,080 Solana and kind of everything. It was. 1100 00:56:32,520 --> 00:56:34,480 Very bullish news for meme coins that yesterday, right? 1101 00:56:35,000 --> 00:56:36,800 Whether, whether you, yeah, you can't do crime. 1102 00:56:36,800 --> 00:56:40,720 But like, these are now here to stay, right? 1103 00:56:40,720 --> 00:56:43,320 Meme coins are now going to be something that we do for a long, 1104 00:56:43,320 --> 00:56:44,680 long time. And I think you're going to see 1105 00:56:44,680 --> 00:56:49,240 massive ones. So I mean MOG is the great 1106 00:56:49,240 --> 00:56:51,960 collectible. I like MUG a lot. 1107 00:56:52,200 --> 00:56:55,320 Cafe obviously is another one. There's about a ton of different 1108 00:56:55,320 --> 00:56:56,480 ones. You could, you can go and buy 1109 00:56:56,480 --> 00:57:00,880 Rex, obviously, but but I did it did make me think that yeah, 1110 00:57:00,880 --> 00:57:05,880 it's a it's not a bad time to consider those at peak. 1111 00:57:06,800 --> 00:57:11,440 I I liked Greenie's tweet. Was it Greenie because I replied 1112 00:57:11,440 --> 00:57:13,080 to it. He was saying that he, if he 1113 00:57:13,080 --> 00:57:16,200 were to play memes, he would play the 2023 sort of like 1114 00:57:16,200 --> 00:57:19,360 established memes. And you're talking like Pepe and 1115 00:57:19,360 --> 00:57:22,320 mug in there, right? And then all the majors forget 1116 00:57:22,320 --> 00:57:24,280 what he was. But I, I actually am much more 1117 00:57:24,280 --> 00:57:27,080 confident buying a bag of Pepe and Mug than like probably any 1118 00:57:27,080 --> 00:57:28,440 other meme. What do you think, Tyler? 1119 00:57:31,760 --> 00:57:33,120 It's up there. Don't. 1120 00:57:33,800 --> 00:57:39,960 Don't make him do it. Where is SPX? 1121 00:57:39,960 --> 00:57:40,600 Where? Where is the? 1122 00:57:40,600 --> 00:57:42,200 Where is the fable? Look at The Mirage mug. 1123 00:57:43,200 --> 00:57:45,720 I still like SPX over. Model no SPX is 2X still I 1124 00:57:45,720 --> 00:57:47,120 think. Oh, is it? 1125 00:57:47,360 --> 00:57:49,200 Yeah, it's 2X. It's literally 500 mil. 1126 00:57:49,200 --> 00:57:51,360 I'm impressed with this dude. Everyone's monkey. 1127 00:57:51,360 --> 00:57:52,960 I'm right. I want I kind of I I don't have 1128 00:57:52,960 --> 00:57:54,600 the capital to back this up, so I'm not going to do it. 1129 00:57:54,600 --> 00:57:57,400 But like, are you going to bet that none of that, none of the 1130 00:57:57,400 --> 00:57:58,880 Maraud memes make new all time highs? 1131 00:57:59,080 --> 00:58:02,520 Would you take that bet? No I wouldn't because SPX is a 1132 00:58:02,520 --> 00:58:06,680 just like less than like it's not that far from its Ath so 1133 00:58:06,680 --> 00:58:08,320 obviously when you think about it, zoom out. 1134 00:58:08,320 --> 00:58:11,040 Definitely not like SPX. Not that. 1135 00:58:11,120 --> 00:58:12,520 Though those are multi cycle memes. 1136 00:58:12,520 --> 00:58:14,320 All right, Yeah, like, especially just. 1137 00:58:14,520 --> 00:58:17,880 Three and he went a little too far calling for all time highs 1138 00:58:17,880 --> 00:58:20,240 every month and now he's kind of pushed that to like. 1139 00:58:20,680 --> 00:58:24,280 He's only getting bashed because of that, but his core thesis of 1140 00:58:24,280 --> 00:58:27,000 believing in something and holding is what this fucking 1141 00:58:27,000 --> 00:58:29,520 industry should have done. Like the difference with NFTS in 1142 00:58:29,520 --> 00:58:31,880 this meme cycle is that we believed in something so much 1143 00:58:31,880 --> 00:58:34,520 that you could hold a cool cat from .18 to 15 eighth at the 1144 00:58:34,520 --> 00:58:36,280 top. And you make life changing gains 1145 00:58:36,280 --> 00:58:38,320 over like a few months. And in the meantime, you have a 1146 00:58:38,320 --> 00:58:40,480 lot of fun building like a brand of reputation, community, 1147 00:58:40,480 --> 00:58:42,520 friends, et cetera. That meaning Kukats, that's one 1148 00:58:42,520 --> 00:58:44,360 of them. But like, so it was like 50 of 1149 00:58:44,360 --> 00:58:49,920 those right here. You got sold this dream of that 1150 00:58:49,920 --> 00:58:53,600 you have to hyper rotate and use this tool and this Nova and this 1151 00:58:53,600 --> 00:58:56,120 not and this No, I'm just naming tools like and Nova and the snow 1152 00:58:56,120 --> 00:58:59,400 sniper and you have to sniper trench, trench, trench. 1153 00:58:59,560 --> 00:59:01,960 Good. We were in retrospect, when my 1154 00:59:01,960 --> 00:59:04,280 friends, my best friends in Montreal, they my best friends 1155 00:59:04,280 --> 00:59:06,800 in life, texted me and said, Yo, let's trench tonight, let's go 1156 00:59:06,800 --> 00:59:07,920 to yours. Smoke weed and trench. 1157 00:59:08,200 --> 00:59:09,720 I should have sold fucking everything. 1158 00:59:10,400 --> 00:59:11,640 You know what I mean? It's the people that have been 1159 00:59:11,640 --> 00:59:14,640 begging to get into crypto for five years now that are telling 1160 00:59:14,640 --> 00:59:15,640 me, yo, let's hang out in trench. 1161 00:59:15,640 --> 00:59:17,880 I'm like, what does trench mean? Like George, if you're 1162 00:59:17,880 --> 00:59:19,600 listening, did I tell you this or not? 1163 00:59:19,600 --> 00:59:22,080 Motherfucker? My friend George, I love him, my 1164 00:59:22,080 --> 00:59:24,120 best friend. And he's he's not a norm 1165 00:59:24,120 --> 00:59:25,480 anymore. He's been involved, but he also 1166 00:59:25,480 --> 00:59:27,760 buys like majors. So I I think he's a smart guy, 1167 00:59:28,160 --> 00:59:30,000 but he was like, at this point was like trenching everything. 1168 00:59:30,320 --> 00:59:31,560 He's like, yo, let's hang out in trench. 1169 00:59:31,560 --> 00:59:32,720 I'm like George, what does that mean? 1170 00:59:32,720 --> 00:59:34,200 Trenching? I was like, let's go out, let's 1171 00:59:34,200 --> 00:59:35,400 get fucked up. Let's drink tonight. 1172 00:59:35,480 --> 00:59:37,360 I'm tired. You say no, no, let's go to 1173 00:59:37,360 --> 00:59:39,200 yours. And that's trench. 1174 00:59:39,200 --> 00:59:41,480 I'm like, what does it mean? You know what it meant to him 1175 00:59:41,760 --> 00:59:44,600 having Nova open. Orange is fucking Discord. 1176 00:59:44,920 --> 00:59:46,520 Frank bought this, Frank bought this. 1177 00:59:47,200 --> 00:59:49,400 Well, fuck, did I hit my computer's like, Frank bought 1178 00:59:49,400 --> 00:59:51,400 this, buy this, Frank this, bought that, buy that. 1179 00:59:51,400 --> 00:59:53,960 And I'm like, George, do you hear yourself? 1180 00:59:54,680 --> 00:59:59,600 And he was like, oh shit. This is like. 1181 00:59:59,720 --> 01:00:02,480 On Friday to me. I mean, I mean it was fun when 1182 01:00:02,480 --> 01:00:03,800 it was working man though like there. 1183 01:00:03,800 --> 01:00:05,960 Was Fridays I? Was slamming the fucking memes. 1184 01:00:05,960 --> 01:00:08,960 I made like 50K on a Friday night but that stopped happening 1185 01:00:08,960 --> 01:00:12,440 all year long dude you know? How wild is it to Dave Portnoy? 1186 01:00:12,440 --> 01:00:20,160 He got paid $5 million. Dave Portnoy, Like the guy who 1187 01:00:20,160 --> 01:00:24,600 like literally, I, I don't mean to be insulting, but he's only 1188 01:00:24,600 --> 01:00:28,680 relevant in white America. Like literally like the the 1189 01:00:28,680 --> 01:00:31,200 American chats were going off on like Tyler, Peter Jennings, 1190 01:00:31,200 --> 01:00:33,000 Jeeves D stuff. You guys all know him, so you're 1191 01:00:33,000 --> 01:00:36,320 trading his coins, whatever. But euro chats were just like, 1192 01:00:36,320 --> 01:00:38,520 OK, this is just going to rub, you know what I mean? 1193 01:00:38,960 --> 01:00:40,920 Like, I don't know, for once your reports were right. 1194 01:00:41,200 --> 01:00:44,800 To lose like, I don't know how people aren't just like, what 1195 01:00:44,800 --> 01:00:48,960 the fuck? I want $5 million. 1196 01:00:50,440 --> 01:00:56,160 Oh my God. Anyway, I think. 1197 01:00:56,240 --> 01:00:58,800 It's going to be a long time for that to to kind of come back. 1198 01:00:59,000 --> 01:01:00,600 That's that's, that's my long and short of it. 1199 01:01:01,160 --> 01:01:04,960 I think I, I wanted to linger a little bit, not just like move 1200 01:01:04,960 --> 01:01:06,360 on. Like, oh, there was what sole 1201 01:01:06,360 --> 01:01:08,040 memes are we buying? Like, I think it's fucking 1202 01:01:08,040 --> 01:01:10,560 ridiculous what just happened. And I think, I think people 1203 01:01:10,560 --> 01:01:12,440 will. I don't think. 1204 01:01:12,880 --> 01:01:17,240 Man lock in is $8 million. I think we need to, we need to 1205 01:01:17,560 --> 01:01:20,680 the new daily launches to to drop substantially and drop for 1206 01:01:20,680 --> 01:01:23,160 a while. Well, they are right, I think. 1207 01:01:23,160 --> 01:01:26,120 I think I remember that period last year, Mando, and how you 1208 01:01:26,120 --> 01:01:29,120 know that, but we weren't really like talking as much where Pepe 1209 01:01:29,120 --> 01:01:32,800 bled for like a fucking long time in the $600 million range. 1210 01:01:32,800 --> 01:01:36,200 Mando, remember that we held Pepe early. 1211 01:01:36,200 --> 01:01:39,040 We ran into building something, then it went down to like 600 1212 01:01:39,040 --> 01:01:41,600 mil guys and it bled for the longest time. 1213 01:01:42,240 --> 01:01:44,920 I have a feeling we may be going through that period now for 1214 01:01:44,920 --> 01:01:47,960 memes. This one, I'm talking about this 1215 01:01:47,960 --> 01:01:49,120 one. It was long. 1216 01:01:49,600 --> 01:01:52,480 It was long and they made everyone and the last people 1217 01:01:52,480 --> 01:01:55,600 stop believing aside for the Pepper Bros would believe like 1218 01:01:55,600 --> 01:01:57,920 people like Nifty Wap who then ended up making eight figures by 1219 01:01:57,920 --> 01:01:59,600 the way. So it ends well. 1220 01:01:59,600 --> 01:02:01,560 Like this story ends well, you know what I mean? 1221 01:02:02,360 --> 01:02:05,200 But if you look at fart coin, I think fart coin is like at this 1222 01:02:05,200 --> 01:02:09,480 stage or something like that. If you were to believe that this 1223 01:02:09,480 --> 01:02:12,120 cycle is not over, of course, right? 1224 01:02:13,040 --> 01:02:15,880 Like you need way more believe, you need way more chop here. 1225 01:02:16,680 --> 01:02:19,960 Like Sparkle needs to be at $300 million for like 3 more months 1226 01:02:20,240 --> 01:02:23,520 to make sure every single last person sells and then I'll go 1227 01:02:23,520 --> 01:02:27,200 back to 5 billion. Model is Q4 like I of course I 1228 01:02:27,200 --> 01:02:29,360 would love to see it in March, right like. 1229 01:02:29,360 --> 01:02:34,960 Yeah, but no, right, this is. Realistic Q4 seems like if it if 1230 01:02:34,960 --> 01:02:36,680 it ever does come back, I don't know if it is. 1231 01:02:38,880 --> 01:02:40,600 Maybe if you believe this cycle is not done, then you should 1232 01:02:40,600 --> 01:02:42,080 probably believe it comes back, right? 1233 01:02:42,720 --> 01:02:47,800 So here it was 478 days. What was that in months like? 1234 01:02:48,120 --> 01:02:50,040 I don't know but. It's nine months. 1235 01:02:50,480 --> 01:02:51,920 There you go. So we've been talking about nine 1236 01:02:51,920 --> 01:02:54,640 months from this. So it starts here, let's say 270 1237 01:02:54,640 --> 01:02:57,160 days ish. So you're in Q4 there, 250 days 1238 01:02:57,160 --> 01:03:01,120 like you're in Q4, right? I mean the the fractal on the 1239 01:03:01,120 --> 01:03:04,520 2021 cycle puts us majors peaking in November. 1240 01:03:04,880 --> 01:03:07,400 Memes probably peak a month after right? 1241 01:03:07,920 --> 01:03:11,320 So lines up. Yeah, but if you but form being 1242 01:03:11,320 --> 01:03:13,840 is be ready to go through this mentally and even if it's only 1243 01:03:13,840 --> 01:03:15,840 last three months or four months or six months, it's fine because 1244 01:03:15,840 --> 01:03:17,920 you'll be happier. But be mentally ready to go 1245 01:03:17,920 --> 01:03:21,480 through this shit. You know, I see bats in the 1246 01:03:21,480 --> 01:03:22,760 comments. Pepe Bros for life. 1247 01:03:22,760 --> 01:03:24,240 Yeah, he knows to get cooked, bro. 1248 01:03:24,240 --> 01:03:25,320 He probably made life changing money. 1249 01:03:25,320 --> 01:03:26,520 Why? Because he believed in something 1250 01:03:26,520 --> 01:03:28,120 for real. You know, it's like, I don't 1251 01:03:28,120 --> 01:03:31,960 know, I've seen it anyways. Well, it's 1110. 1252 01:03:31,960 --> 01:03:35,760 Look at that. Jesus, let me tell you something 1253 01:03:35,760 --> 01:03:37,680 though, some hopium for everyone, but on the business 1254 01:03:37,680 --> 01:03:40,400 side, shit's popping in crypto. I wrote about this this morning, 1255 01:03:40,400 --> 01:03:43,800 but locks is in in Denver right now for us on our behalf, on the 1256 01:03:43,800 --> 01:03:48,840 myriad side, the returns we're getting from investment firms. 1257 01:03:49,880 --> 01:03:52,160 I mean, he he was, you know, consensus is like pretty big on 1258 01:03:52,160 --> 01:03:54,200 our cap table, right, given that decrypt was spun out of 1259 01:03:54,200 --> 01:03:55,840 consensus. So he had meetings with Metamask 1260 01:03:55,840 --> 01:03:58,160 with Joe Lubin, Mike React, all these three saw Joe Lubin was 1261 01:03:58,160 --> 01:04:00,920 like working to crypt logo. He had meetings with a lot of 1262 01:04:00,920 --> 01:04:03,480 the top VCs and meetings with Tari and, and Naveen yesterday 1263 01:04:03,480 --> 01:04:04,760 in the Mando and, and stuff like that. 1264 01:04:04,760 --> 01:04:08,000 And it's coming. I'm excited for Naveen actually. 1265 01:04:08,000 --> 01:04:11,880 But just all I have to say, like and like everything's looking 1266 01:04:11,880 --> 01:04:14,600 very positive from the standpoint of founders. 1267 01:04:14,800 --> 01:04:18,000 And, and, and you know, Tyler, you always talk about CT versus 1268 01:04:18,000 --> 01:04:21,120 like institutional crypto. Like it's really night and day 1269 01:04:21,120 --> 01:04:22,600 guys. Like it's night and day. 1270 01:04:22,600 --> 01:04:27,560 Like I as a founder, I'm bullish to the tits, sure, as a traitor, 1271 01:04:27,880 --> 01:04:30,680 I'm not as bullish as I was like a month ago, but that's OK 1272 01:04:30,680 --> 01:04:32,560 because that'll come back up and I'll get your fork again. 1273 01:04:32,560 --> 01:04:37,360 Don't worry. I guess you know, I just decided 1274 01:04:37,360 --> 01:04:39,080 this year I'm not doing what I did last cycle. 1275 01:04:39,360 --> 01:04:43,680 You know I will stop bashing people when you know prices are 1276 01:04:43,680 --> 01:04:45,960 down because I'm a bullish bear. Bullish bull. 1277 01:04:47,760 --> 01:04:49,400 Oh shit. Oh shit, freedom slip.