1 00:00:00,160 --> 00:00:04,920 Oh yo-yo what up, what up? Good morning, good morning GMG 2 00:00:07,960 --> 00:00:11,760 Friday. Oh baby, Friday, Friday, Friday, 3 00:00:12,000 --> 00:00:15,960 March 21st, 2025. Look at that another beautiful 4 00:00:15,960 --> 00:00:22,000 day to have a beautiful day. I got my Co hosts in the house. 5 00:00:22,120 --> 00:00:26,080 Oh, he's got this shirt on. Tyler Mendo. 6 00:00:26,480 --> 00:00:27,760 Good morning. Good morning. 7 00:00:27,760 --> 00:00:28,760 Good. Oh, Mando. 8 00:00:28,760 --> 00:00:30,040 I'm jealous. Oh, fucker. 9 00:00:30,200 --> 00:00:33,360 I swear to God, man, this guy's hosting outside in the sunshine. 10 00:00:33,360 --> 00:00:36,720 I can already tell. Tell Amanda Good morning. 11 00:00:36,720 --> 00:00:41,920 How you guys doing today? I'm doing fantastic, yeah. 12 00:00:42,280 --> 00:00:45,400 Back in Portugal, I just, I love that. 13 00:00:45,760 --> 00:00:49,240 I just want this like I'm so tired of like not having any 14 00:00:49,240 --> 00:00:51,000 sunshine in the morning. I woke up this morning as a 15 00:00:51,000 --> 00:00:54,200 first hand told Vanessa I was like, babe, I can't wait to just 16 00:00:54,560 --> 00:00:57,760 wake up to the sun, like smashing my face. 17 00:00:58,800 --> 00:01:01,840 I think Tyler, you'll relate. It was spring here yesterday. 18 00:01:01,840 --> 00:01:05,040 It was actually summer. It was T-shirt weather, 18°C, 19 00:01:05,040 --> 00:01:08,440 like 70s and tomorrow's tonight's going to be -10 or 20 00:01:08,440 --> 00:01:12,960 it's like -7 right now. So it's like the, the, the 21 00:01:12,960 --> 00:01:15,720 market, you know what I mean? Like Bitcoin was 87 K and I was 22 00:01:15,720 --> 00:01:18,400 like 82 K again or some shit. Same things going on in 23 00:01:18,400 --> 00:01:20,560 Montreal. I'm getting, I'm getting rugged 24 00:01:20,560 --> 00:01:24,000 and you know, and, and every, every everywhere I go, Tyler, 25 00:01:24,960 --> 00:01:26,720 Tyler, Tyler did it. Good morning. 26 00:01:27,200 --> 00:01:30,280 How you doing today? I'm doing great, can't wait for 27 00:01:30,280 --> 00:01:32,800 the show. We got 2 mega guests coming on, 28 00:01:33,120 --> 00:01:34,960 two big ones. Yeah, man. 29 00:01:34,960 --> 00:01:35,800 Oh, I'm. Excited. 30 00:01:36,600 --> 00:01:39,480 Yeah, man, today's going to be Today's going to be a fun show. 31 00:01:39,480 --> 00:01:42,200 So let's get right into that today on the show today, today, 32 00:01:42,760 --> 00:01:45,600 I already see a bunch of pudgy Penguins and a bunch of tappers, 33 00:01:45,600 --> 00:01:47,120 Wizards in the audience. Love to see that. 34 00:01:47,120 --> 00:01:48,160 Where my Penguins at? Come on. 35 00:01:48,440 --> 00:01:51,080 Come on, we're going to do Market Report. 36 00:01:51,680 --> 00:01:54,120 Then we're going to go, you know, quickly over Tyler's 37 00:01:54,160 --> 00:01:55,640 topics. I'm assuming we're not going to 38 00:01:55,640 --> 00:01:57,600 have too much time to go too deep, but we'll we'll see what's 39 00:01:57,600 --> 00:01:59,080 what the top headlines are for the day. 40 00:01:59,400 --> 00:02:03,400 Then we'll do taproot wizard. It's a wizard, wizard, wizard. 41 00:02:03,560 --> 00:02:08,880 So Rudy Wizard Heimer is going to be joining us on the show. 42 00:02:08,880 --> 00:02:11,039 We'll talk, we'll talk all things taproot wizard. 43 00:02:11,039 --> 00:02:14,280 But also, I've got we've got Tyler and I've got some 44 00:02:14,280 --> 00:02:17,000 questions for him, OK. We want to know about our runes 45 00:02:17,400 --> 00:02:19,360 and our and our and our and our puppets. 46 00:02:19,960 --> 00:02:21,240 Amanda, I see your role in your eyes. 47 00:02:21,600 --> 00:02:23,280 We're we're we're going to talk about this. 48 00:02:23,280 --> 00:02:25,200 OK. I want to talk with Udi. 49 00:02:25,720 --> 00:02:27,080 Yeah, he's. How dare you? 50 00:02:27,560 --> 00:02:29,920 How dare you, right? Only one man can save Ordinals 51 00:02:30,000 --> 00:02:32,320 and he's coming on the show today, so I can't wait. 52 00:02:32,320 --> 00:02:35,520 Runes there's no saving but but we'll talk about that with udi 53 00:02:35,520 --> 00:02:39,680 and then followed by Luca again. He was hoping the news would 54 00:02:39,680 --> 00:02:43,120 drop yesterday so he could talk about it on the show yesterday. 55 00:02:43,120 --> 00:02:45,160 It didn't happen. The the news dropped after the 56 00:02:45,160 --> 00:02:47,800 show, so we invited him again. So we'll come in about 35 ish 57 00:02:47,800 --> 00:02:52,480 minutes 40 minutes to talk about the pengu and pudgy Penguin ETF. 58 00:02:52,520 --> 00:02:57,000 The Canary laughs. You know, shall Mando, you know, 59 00:02:57,280 --> 00:03:00,040 put forward. So I think people are going to 60 00:03:00,040 --> 00:03:01,240 end up like really believe in that one. 61 00:03:01,640 --> 00:03:05,360 I love that I love that lore. So anyways, that's the show 62 00:03:05,360 --> 00:03:08,240 schedule today again, we're going to robit loot box spins. 63 00:03:08,240 --> 00:03:10,320 But for those who are not familiar, every Tuesday, 64 00:03:10,320 --> 00:03:13,160 Wednesday, Thursday, Friday, we give away literally either red 65 00:03:13,160 --> 00:03:15,720 guy or crypto punk. We've had three crypto punk 66 00:03:15,720 --> 00:03:19,120 hands, one of them as early as two weeks ago and today you're 67 00:03:19,120 --> 00:03:21,480 going to have over 15% chance to win in pudgy Penguin. 68 00:03:21,480 --> 00:03:23,560 So there's a big chance someone's going to win a 69 00:03:23,560 --> 00:03:24,760 Penguin. So we're going to give you guys 70 00:03:24,760 --> 00:03:28,760 a code a little later. And last but not least, this 71 00:03:28,760 --> 00:03:31,520 show. This show is powered by 72 00:03:31,520 --> 00:03:33,440 galaxies. Galaxies, the Web 3 platform 73 00:03:33,440 --> 00:03:35,400 empowering creators and brands to build on stoppable 74 00:03:35,400 --> 00:03:37,680 communities with full ownership and independence, trusted by 75 00:03:37,680 --> 00:03:40,840 icons like Donald Trump, Steve Aoki, Mike Tyson and the NBA, 76 00:03:41,760 --> 00:03:44,920 shaping together the future of engagement, but also wallet 77 00:03:44,920 --> 00:03:46,040 connect. Wallet Connect is the 78 00:03:46,040 --> 00:03:49,600 connectivity network shaping the future of on chain UX. 79 00:03:50,080 --> 00:03:54,680 If you've connected to a web thru app you you've seen wallet 80 00:03:54,680 --> 00:03:57,360 connect that blue logo it's everywhere an icon of trust in 81 00:03:57,360 --> 00:03:59,680 crypto as recognizable as visa as check out. 82 00:03:59,680 --> 00:04:03,760 Want to learn more follow wallet connect on X and Telegram to 83 00:04:03,760 --> 00:04:08,760 stay ahead of what's next Mando, you tell me what's next? 84 00:04:13,040 --> 00:04:15,720 Who is the man's Michael? Daddy of the man? 85 00:04:19,560 --> 00:04:22,040 Can you dig? It GM everyone. 86 00:04:22,800 --> 00:04:24,800 We are back. We are back. 87 00:04:26,800 --> 00:04:28,680 And. Well, we're definitely just 88 00:04:28,720 --> 00:04:33,720 where we were, which is, I know which I've been kind of saying 89 00:04:34,840 --> 00:04:39,440 for a little bit now, just don't just play the long term game. 90 00:04:41,280 --> 00:04:44,040 Feels as though we could be here for a little bit of time, I 91 00:04:44,040 --> 00:04:50,560 think before macro sorts itself out and then people work out if 92 00:04:50,560 --> 00:04:54,360 they're ready to buy altcoins again and all the D Gen. stuff. 93 00:04:55,000 --> 00:05:03,800 It's definitely, it's definitely it's zoom out sort of market and 94 00:05:04,000 --> 00:05:08,960 don't, don't buy into FOMO. Don't, don't get too bearish. 95 00:05:08,960 --> 00:05:11,920 I would say as well, at least at this level, like everything's 96 00:05:11,920 --> 00:05:15,480 down so much, I think it's difficult to paint like an 97 00:05:15,480 --> 00:05:17,400 extremely bearish picture for anything. 98 00:05:19,960 --> 00:05:24,400 And I think Bitcoin still looks like the one that's going to 99 00:05:24,400 --> 00:05:28,920 hold up the best, if I'm honest. Like it just it's still Bitcoin 100 00:05:28,920 --> 00:05:34,160 hasn't really moved, right? It is. 101 00:05:35,680 --> 00:05:37,760 It's that 83 five. Yeah, it's barely real. 102 00:05:37,880 --> 00:05:38,920 Yeah, it's been kind of rating here. 103 00:05:38,920 --> 00:05:41,240 It's. Been for a while now, very dull, 104 00:05:44,760 --> 00:05:46,400 very low volatility in my opinion. 105 00:05:47,000 --> 00:05:53,880 So I think I think we could be here for the weekend. 106 00:05:55,520 --> 00:05:59,560 It feels as though Bitcoin like maybe as a little retest to see 107 00:05:59,560 --> 00:06:01,560 if that 78 K was really the bottom. 108 00:06:02,200 --> 00:06:06,000 You had Arthur Hayes saying yesterday he's flip bullish 109 00:06:06,000 --> 00:06:09,120 thinks that 7877 K level was the bottom. 110 00:06:10,040 --> 00:06:13,080 But I would be unsurprised if we, if we go like right, was 111 00:06:13,080 --> 00:06:14,360 that really the bottom when we test it? 112 00:06:14,360 --> 00:06:15,920 And we probably test it in a bunch of alts too. 113 00:06:15,920 --> 00:06:19,760 And then and then you have a much stronger test of whether 114 00:06:19,760 --> 00:06:24,680 that was really the whether that really was the bottom. 115 00:06:24,880 --> 00:06:28,360 So Bitcoin dominance is going slightly higher again, back up 116 00:06:28,360 --> 00:06:30,000 to like 62K. Again today. 117 00:06:30,600 --> 00:06:36,640 Interestingly, like DMB has probably been the strongest and 118 00:06:36,880 --> 00:06:39,960 is there continues to be a lot of D Gen. activity going on 119 00:06:39,960 --> 00:06:41,680 there. Like whenever I do the man in 120 00:06:41,680 --> 00:06:45,880 minutes, it's always B&B coins at the moment but. 121 00:06:45,920 --> 00:06:50,560 Yeah, it is. At the top and I would say that 122 00:06:50,560 --> 00:06:55,600 99% of them have the same narrative CZ or someone related 123 00:06:55,600 --> 00:07:00,880 to Binance has in some way promoted or done a or bought one 124 00:07:00,880 --> 00:07:02,520 of them or like there's a wallet. 125 00:07:02,680 --> 00:07:06,400 They literally are just the same pitch for every coin. 126 00:07:07,000 --> 00:07:08,200 CZ bought. Is that the? 127 00:07:08,240 --> 00:07:09,960 Is that what's going on there? I'm not following. 128 00:07:10,600 --> 00:07:12,680 There's 1 today, which is, you know, CZ's wife. 129 00:07:14,320 --> 00:07:16,320 She was related to a coin, I think it was called Bob. 130 00:07:17,520 --> 00:07:22,000 Oh, I. Saw it's 40 million oh man. 131 00:07:22,520 --> 00:07:24,520 But there's a lot of like, we're going to run it. 132 00:07:24,520 --> 00:07:29,640 But this is like Bob, they've pitched as like the fog of BNB 133 00:07:29,640 --> 00:07:31,880 and somehow like someone related to Binance has bought them, 134 00:07:32,040 --> 00:07:34,160 which is important because Binance has been listing some of 135 00:07:34,160 --> 00:07:35,440 these coins. So there is like there's not, 136 00:07:35,480 --> 00:07:38,000 there's not just like a reason why that happens. 137 00:07:38,000 --> 00:07:40,680 Like they do this whole Binance alpha thing. 138 00:07:41,280 --> 00:07:44,960 They've really switched towards being BNB coins recently. 139 00:07:46,560 --> 00:07:51,280 So they listed like Mubarak, which is like that even Mubarak 140 00:07:51,760 --> 00:07:54,120 meme. And they've listed tests. 141 00:07:54,120 --> 00:07:56,880 They list they list tons of like just BNB memes. 142 00:07:56,880 --> 00:08:00,840 It feels as though low key, I don't want to say crime season, 143 00:08:01,080 --> 00:08:03,880 but there's definitely an insider season going on on B&B 144 00:08:03,880 --> 00:08:08,360 at the moment. B&B mean gets B&B Alpha gets 145 00:08:08,360 --> 00:08:11,560 listed pumps and then we do the same next week. 146 00:08:11,680 --> 00:08:14,360 That's kind of what's happening. But B&B is doing well. 147 00:08:14,360 --> 00:08:16,000 Like it's decks falling too high. 148 00:08:17,000 --> 00:08:20,960 If you if you look at B&B and interestingly Tron as well. 149 00:08:21,640 --> 00:08:25,280 These are the 2 coins, which are, I mean, Tron is basically 150 00:08:25,280 --> 00:08:29,560 where, where it was in December, it's just gone sideways in a 151 00:08:29,560 --> 00:08:35,919 very narrow channel. And B&B is similarly kind of 152 00:08:35,919 --> 00:08:41,159 where it was last March. So it's, it's just going, going 153 00:08:41,159 --> 00:08:43,120 sideways. So in a, in a, in a market where 154 00:08:43,120 --> 00:08:47,440 a lot of our L ones are going down, those 2 are holding up 155 00:08:47,440 --> 00:08:48,680 quite well. So if you're going to DJ, it 156 00:08:49,200 --> 00:08:51,560 feels as though Tron and B&B are where it's happening. 157 00:08:51,800 --> 00:08:53,560 Yesterday there was some integration that Tron is 158 00:08:53,560 --> 00:09:00,080 obviously going to be is going to be involved with Pump Fun or 159 00:09:00,080 --> 00:09:01,760 helping that they'll launch their native deck. 160 00:09:01,760 --> 00:09:07,480 So we're going to see Pump Fun basically migrate to Tron, I 161 00:09:07,480 --> 00:09:10,440 think. And but the rest of the market, 162 00:09:10,440 --> 00:09:13,280 yeah, just feels a little bit sluggish. 163 00:09:13,400 --> 00:09:20,520 I would say today if Solana, all the other kind of L ones are a 164 00:09:20,520 --> 00:09:26,240 little bit a little bit heavy. Yeah, it's, it's just again, 165 00:09:26,360 --> 00:09:28,960 we're back in another episode of the Chop. 166 00:09:29,640 --> 00:09:31,720 Yeah. And I think there was. 167 00:09:32,040 --> 00:09:34,800 There was like, again, there was rumours yesterday of this 168 00:09:34,800 --> 00:09:39,680 capital gains thing from Trump. I think this is going to be the 169 00:09:39,680 --> 00:09:44,000 rumour for the next two years. Just it's going to continue to 170 00:09:44,000 --> 00:09:46,800 be with us. I would say there's a very low 171 00:09:46,800 --> 00:09:49,880 chance of this going through, very low. 172 00:09:51,520 --> 00:09:54,320 I don't know if there's a Poly market for it, or I know there's 173 00:09:54,320 --> 00:09:56,000 not a DES stand for it or a myriad. 174 00:09:56,000 --> 00:09:58,200 Sorry but. We should open one. 175 00:09:58,280 --> 00:10:00,120 But The thing is, it's such a hard thing to resolve. 176 00:10:00,200 --> 00:10:01,160 Yeah. And they could resolve. 177 00:10:01,160 --> 00:10:03,320 It's got to go to it could resolve for ages. 178 00:10:03,320 --> 00:10:05,520 Then it's got to go to Congress. But it's like the whole. 179 00:10:05,560 --> 00:10:08,240 And the Senate, right, And they've only got very, very 180 00:10:08,240 --> 00:10:13,200 narrow, very narrow majorities in both of those. 181 00:10:13,840 --> 00:10:17,040 And I would say that in a time where they are pointing to 182 00:10:17,040 --> 00:10:20,680 austerity, the concept that crypto Bros are going to get a 183 00:10:20,680 --> 00:10:23,960 tax break, I just don't think it's it's not a populist move 184 00:10:24,000 --> 00:10:26,600 like. It's not even too much volume. 185 00:10:26,680 --> 00:10:27,320 That's very. Good. 186 00:10:27,360 --> 00:10:29,640 That's this is kind of what I think you should be thinking 187 00:10:29,640 --> 00:10:31,280 about here. It's a low probability. 188 00:10:31,280 --> 00:10:35,200 So when you see headlines about this, be very wary that that 189 00:10:35,320 --> 00:10:40,080 that Trump can't just do this. It's it's it's got to go to 190 00:10:40,080 --> 00:10:42,440 Congress and to the Senate. And I think something like this 191 00:10:42,440 --> 00:10:45,800 is which is would not have the votes to pass in my opinion. 192 00:10:47,520 --> 00:10:50,000 It would take forever. It it can't just happen right, 193 00:10:50,840 --> 00:10:53,080 But yeah, yesterday was just a Intel page, right, like during 194 00:10:53,080 --> 00:10:55,520 the show just Kim comes out and goes ain't the hell breaking 195 00:10:55,640 --> 00:10:57,000 news. We're going to fucking announce 196 00:10:57,000 --> 00:11:00,560 0% tax and we all scrambled to even find where Trump spoke. 197 00:11:01,480 --> 00:11:03,800 You know, even like even Tyler and I were looking everywhere 198 00:11:03,800 --> 00:11:05,640 Mendo at the end of the show like yo, where is this thing? 199 00:11:05,640 --> 00:11:07,360 And it ended up being like a prerecorded I. 200 00:11:07,880 --> 00:11:10,600 Don't. Have two minutes Oh, the 201 00:11:10,600 --> 00:11:16,920 mountains 2 minutes, 46 two hour and and 46 minute video. 202 00:11:16,920 --> 00:11:19,400 So I thought that was that was a whole other conversation, 203 00:11:19,400 --> 00:11:21,640 though. I think a lot of people reacted 204 00:11:21,640 --> 00:11:23,320 to to that one. But anyways, all right, Mando 205 00:11:23,320 --> 00:11:26,440 look, looks like the market is pretty straightforward. 206 00:11:26,480 --> 00:11:28,160 Any you said it was a big macro week. 207 00:11:28,160 --> 00:11:30,320 We got through FOMC. Was there any other like things 208 00:11:30,320 --> 00:11:32,200 to pay attention to for the rest of the month? 209 00:11:32,200 --> 00:11:34,040 Or are we kind of close to like what? 210 00:11:34,040 --> 00:11:35,120 What is there to pay attention to? 211 00:11:36,360 --> 00:11:39,200 I mean this week we had quite a lot. 212 00:11:39,240 --> 00:11:43,000 So we had the the Bank of Japan and we had the Bank of Mainland 213 00:11:43,000 --> 00:11:44,960 both held rates exactly the same. 214 00:11:44,960 --> 00:11:50,040 And then you had the Fed next week. 215 00:11:50,040 --> 00:11:52,640 I need to check. I actually don't think the the 216 00:11:52,640 --> 00:11:56,080 last week of the I think we'll probably get C we'll get PC 217 00:11:56,080 --> 00:11:57,640 inflation. I think normally in the last 218 00:11:57,640 --> 00:12:01,800 week of of the month. Let me, I can bring it up. 219 00:12:02,280 --> 00:12:04,920 But yeah, it's, it probably will be quieter I reckon next week. 220 00:12:06,200 --> 00:12:10,440 But you know, maybe there's something that like derails us. 221 00:12:10,440 --> 00:12:14,000 It seems like a strange 1. So next week we have, yeah, we 222 00:12:14,000 --> 00:12:19,240 have PC inflation on Friday and we have, we have GDP growth on 223 00:12:19,240 --> 00:12:23,400 Thursday. So those are, I mean, the Friday 224 00:12:23,400 --> 00:12:27,560 1:00 will be probably quite big, but I don't think there's 225 00:12:27,560 --> 00:12:29,840 anything really there that's that's absolutely crazy for 226 00:12:29,840 --> 00:12:32,360 sure. Something that's up for an 227 00:12:32,360 --> 00:12:35,960 interesting period here. So there's no April FOMC, right? 228 00:12:35,960 --> 00:12:39,360 So it's like it's early May, May 6th, May 7th, I believe. 229 00:12:40,200 --> 00:12:43,720 So somewhat smooth sailing, but I guess we've got the tariffs on 230 00:12:43,720 --> 00:12:46,120 April 2nd. That's probably the next major 231 00:12:46,120 --> 00:12:47,400 event. Fuck. 232 00:12:47,680 --> 00:12:48,680 We'll see. Like how's that? 233 00:12:48,760 --> 00:12:50,120 Is it actually going to go through? 234 00:12:50,120 --> 00:12:51,800 Is it going to be fully retaliatory? 235 00:12:52,200 --> 00:12:54,640 Yeah. So I think that's probably the 236 00:12:54,640 --> 00:12:56,480 next big item on the right above. 237 00:12:56,480 --> 00:12:58,760 Who knows with this administration? 238 00:12:59,440 --> 00:13:00,680 Yeah. All right. 239 00:13:00,680 --> 00:13:03,560 Well, we'll see when the next surprise is, you know, but 240 00:13:03,560 --> 00:13:06,920 please, no more breaking news for the sake of this industry 241 00:13:06,920 --> 00:13:11,000 and like our mental health, you know, not that we believe them 242 00:13:11,000 --> 00:13:12,440 all. We even though I was remembered 243 00:13:12,440 --> 00:13:14,320 Tyler yesterday, I was like, I'm not going to retweet that. 244 00:13:15,400 --> 00:13:16,960 I don't think it's it's too legit. 245 00:13:16,960 --> 00:13:20,120 But you know, please think of my tweet, the numbers yesterday, 246 00:13:20,120 --> 00:13:22,600 but it's just a little bit like angering and then ended up 247 00:13:22,600 --> 00:13:24,520 asking Sandra, I was like, yo, and you know, this real is like 248 00:13:24,520 --> 00:13:28,640 you honestly, like I don't he was like, it's it's it's 249 00:13:28,640 --> 00:13:31,200 actually wild because people reporting on news that even the 250 00:13:31,200 --> 00:13:32,760 White Houses know about, you know what I mean? 251 00:13:33,440 --> 00:13:37,840 So it's I think everybody needs to take a step back and stop 252 00:13:37,840 --> 00:13:38,920 making everything about headlines. 253 00:13:38,920 --> 00:13:40,800 I think bats had a good comment back to what I was talking 254 00:13:40,800 --> 00:13:42,080 about. He was like, you know, it's kind 255 00:13:42,080 --> 00:13:44,200 of become annoying that we're only reacting to like what Trump 256 00:13:44,200 --> 00:13:45,840 is going to say or will say or will do. 257 00:13:45,840 --> 00:13:47,960 Like since when is the entire market of crypto dependent on 258 00:13:47,960 --> 00:13:49,840 this? It shouldn't like we've kind of 259 00:13:49,840 --> 00:13:51,760 won that battle already. Like that's what we were talking 260 00:13:51,760 --> 00:13:53,480 about with the Solana I had earlier this week, right? 261 00:13:53,480 --> 00:13:54,440 Guys? Like we've already won the 262 00:13:54,440 --> 00:13:56,080 battle that we made inside the White House. 263 00:13:56,080 --> 00:13:58,280 Like, you know, you have bohans of everything. 264 00:13:58,280 --> 00:14:01,400 You have David Sachs. Trump is talking about Bitcoin 265 00:14:01,400 --> 00:14:02,760 every single chance he has a chance. 266 00:14:03,040 --> 00:14:05,080 Did you guys see like Eric Trump as I was the advisor of 267 00:14:05,080 --> 00:14:07,240 Metaplan? Like like, I think it goes 268 00:14:07,280 --> 00:14:09,200 everywhere. Like, you know, we don't need to 269 00:14:09,400 --> 00:14:12,520 keep pushing that. I think it points to the idea 270 00:14:12,520 --> 00:14:15,280 that that people are looking for the catalyst though. 271 00:14:15,680 --> 00:14:17,560 And. What you realize in this period, 272 00:14:17,560 --> 00:14:20,440 you just have to accept that the next major catalyst is going to 273 00:14:20,440 --> 00:14:23,160 be stable coin regulation. Trump has gone a record and said 274 00:14:23,160 --> 00:14:26,640 that he wants that by August. OK, August. 275 00:14:27,040 --> 00:14:28,440 It's true, it's true. He did say that. 276 00:14:28,480 --> 00:14:32,280 And after that we would look to get RWA regulation. 277 00:14:34,360 --> 00:14:37,800 Maybe we'll see some more details about like different, 278 00:14:38,160 --> 00:14:40,720 like not, not the Bitcoin reserve, but maybe broader 279 00:14:40,800 --> 00:14:42,720 crypto reserve. Interestingly, yesterday they 280 00:14:42,880 --> 00:14:48,800 they said that mining Bitcoin mining is is is not subject to 281 00:14:48,800 --> 00:14:50,320 the SEC. Huge. 282 00:14:51,160 --> 00:14:53,400 Maybe they'll get involved in that as they continue to think 283 00:14:53,440 --> 00:14:54,800 like. I think you're right. 284 00:14:54,840 --> 00:14:57,320 I think that's the best call you've made here like that the 285 00:14:57,560 --> 00:14:59,480 government was probably going to start mining Bitcoin. 286 00:14:59,680 --> 00:15:01,120 I totally see that. Yeah. 287 00:15:02,960 --> 00:15:04,680 And then and then you're really kind of just waiting on. 288 00:15:04,960 --> 00:15:07,000 So then your catalyst from Washington. 289 00:15:07,000 --> 00:15:10,440 I think I don't know if stable coin regulation really takes us 290 00:15:10,440 --> 00:15:12,480 that much higher. Like, yeah, you probably have 291 00:15:12,480 --> 00:15:15,720 banks who, who, who could hold it a little bit more and do 292 00:15:15,720 --> 00:15:17,840 different things. But I, I don't know if it's like 293 00:15:18,920 --> 00:15:21,440 absolutely massive. I think the RWA regulation is 294 00:15:21,440 --> 00:15:24,520 much bigger. So I think if I was to think 295 00:15:24,520 --> 00:15:26,880 about, let's say the top five catalysts that could happen, 296 00:15:27,080 --> 00:15:29,520 right, Realistic ones. Yeah, break it down for us. 297 00:15:30,800 --> 00:15:34,400 I would say it's a, it's obviously now you get, you can 298 00:15:34,400 --> 00:15:37,800 get it's much easier for corporates, particularly in the 299 00:15:37,800 --> 00:15:43,120 US to own crypto. I would say ideally some 300 00:15:43,120 --> 00:15:48,120 headline about one of maybe the top 20 corporations or in the 301 00:15:48,120 --> 00:15:53,760 NASDAQ, aside from Tesla buying crypto for their treasury. 302 00:15:53,880 --> 00:15:55,880 That would be, that would be very, very bullish. 303 00:15:57,040 --> 00:16:00,080 Because then you have a state where like most of the people 304 00:16:00,080 --> 00:16:02,960 buying crypto at the moment are people raising money like like 305 00:16:03,720 --> 00:16:06,000 like Sailor is. But if you had one of these big 306 00:16:06,000 --> 00:16:08,600 tech companies or a company with a lot of cash decide, hey, we 307 00:16:08,600 --> 00:16:11,800 want to buy some Bitcoin that, you know, you can, you can 308 00:16:11,800 --> 00:16:14,880 potentially buy in billions of Bitcoin quite quickly. 309 00:16:15,000 --> 00:16:19,600 So I think, I think it's that I would guess it would be more 310 00:16:19,600 --> 00:16:26,880 headlines around sovereign wealth funds. the US one I I 311 00:16:26,880 --> 00:16:28,160 actually think is a bit of a red herring. 312 00:16:28,160 --> 00:16:30,800 I don't, I don't know how, I still don't know how that thing 313 00:16:30,800 --> 00:16:33,280 is going to be finance. But I think if you've heard like 314 00:16:33,320 --> 00:16:42,920 Abu Dhabi or Saudi Arabia or maybe the broader UAE or Qatar, 315 00:16:43,160 --> 00:16:45,680 you know, there was a lot about Qatar in the past has come in 316 00:16:45,680 --> 00:16:48,960 and bought a few billion, a few 100 million. 317 00:16:49,320 --> 00:16:52,800 That would be a bullish thing, as would as would. 318 00:16:52,800 --> 00:16:55,560 And then then it's stuff around China really. 319 00:16:56,040 --> 00:16:59,760 So like, does China decide to embrace crypto a little bit 320 00:16:59,760 --> 00:17:03,080 more? Maybe that's more like soft, 321 00:17:03,080 --> 00:17:08,200 like you see a softening of their their policies on mainland 322 00:17:08,200 --> 00:17:09,480 China rather than just Hong Kong. 323 00:17:09,480 --> 00:17:12,040 Maybe that maybe that's maybe that's a bit much, but maybe 324 00:17:12,040 --> 00:17:17,319 they do something like that. There's something about that 325 00:17:17,319 --> 00:17:21,440 South Korea, South Korea might now allow Bitcoin ETFs. 326 00:17:21,520 --> 00:17:25,040 Obviously South Korea's hugely in the top three for crypto. 327 00:17:26,079 --> 00:17:27,640 That would be a big headline if they if. 328 00:17:27,640 --> 00:17:30,560 They are. Crypto ETFs, which is, which is 329 00:17:30,560 --> 00:17:32,160 likely, I think at this stage, yeah. 330 00:17:32,960 --> 00:17:36,920 You're right, I. Don't know I I don't know often. 331 00:17:36,920 --> 00:17:38,320 I mean, that is a big catalyst, right? 332 00:17:38,320 --> 00:17:40,560 Like when you think about it, if you told me this a few years ago 333 00:17:40,560 --> 00:17:42,720 or anybody in this industry, like, holy shit, what? 334 00:17:42,720 --> 00:17:45,560 And it's funny, Tyler, that you sent us this D5 Llama tweet 335 00:17:46,080 --> 00:17:49,040 about stable coins and then you have Matt Hoogan. 336 00:17:49,040 --> 00:17:51,280 I was just like searching stable coins on the X and it's the 337 00:17:51,280 --> 00:17:52,840 first way it comes out half an hour ago. 338 00:17:53,560 --> 00:17:55,680 I can't stop thinking about this quote from US Secretary Treasury 339 00:17:55,680 --> 00:17:58,400 Scott Besson. We are going to keep the US the 340 00:17:58,400 --> 00:18:00,840 dominant reserve currency in the world, and we will use stable 341 00:18:00,840 --> 00:18:02,960 coins for that. He goes, however big you think 342 00:18:02,960 --> 00:18:05,480 stablecoin AUM will get, you're probably thinking too small. 343 00:18:05,840 --> 00:18:07,880 So the question becomes, what does the rest of the crypto 344 00:18:07,880 --> 00:18:10,640 market look like if stablecoin AUM is multiple trillions and 345 00:18:10,920 --> 00:18:15,080 we've seen that before that global, our global liquidity. 346 00:18:15,080 --> 00:18:18,920 And two, I think 1% of stable coins and it's 1% is very small. 347 00:18:18,920 --> 00:18:21,920 Remember that Chris Bernsky tweet like 99% to go, obviously, 348 00:18:21,920 --> 00:18:24,240 it's probably not going to go there, but like 10% doesn't seem 349 00:18:24,240 --> 00:18:26,800 crazy, right? So you could argue that that 350 00:18:26,800 --> 00:18:29,120 supply is going to 10X and what happens to rest of crypto? 351 00:18:29,320 --> 00:18:31,120 Tyler, looks like you have some thoughts on this, then we'll get 352 00:18:31,120 --> 00:18:34,960 to the topics. No, I I'm still trying to wrap 353 00:18:34,960 --> 00:18:37,520 my head around the the impact of the stable coin growth. 354 00:18:37,840 --> 00:18:39,760 I think it's clearly going up into the right. 355 00:18:42,320 --> 00:18:46,320 I, I want to say I, I think it has to be net positive for, for 356 00:18:46,320 --> 00:18:50,200 the, the top crypto majors. But at the same time like it, 357 00:18:50,200 --> 00:18:53,320 that's like a gradual thing. Like I, I don't think any of 358 00:18:53,320 --> 00:18:55,480 these are like the catalyst that's going to make Bitcoin RIP 359 00:18:55,680 --> 00:18:59,120 back to 100K. It's like this week, right? 360 00:18:59,120 --> 00:19:02,000 Stable coins are up 2.3 billion. They're up five billion on the 361 00:19:02,000 --> 00:19:05,400 month and we're just chopping, right. 362 00:19:05,960 --> 00:19:10,640 So I don't have my finger on the pulse of exactly like what's 363 00:19:10,640 --> 00:19:13,080 happening, what's what's driving all of it, where it's all coming 364 00:19:13,080 --> 00:19:16,640 from. But it is, it's one of the more 365 00:19:16,640 --> 00:19:18,640 intriguing storylines to watch. And I totally agree. 366 00:19:18,640 --> 00:19:21,560 Like it's, it's happening and we're going to have, we're going 367 00:19:21,560 --> 00:19:24,600 to see huge orders of magnitude increases in years. 368 00:19:25,160 --> 00:19:29,440 But EBT search chart is insane. That is so crazy. 369 00:19:31,600 --> 00:19:33,760 Didn't say it was this thing 170% or something. 370 00:19:33,760 --> 00:19:38,920 Guys like it is just non-stop is even remember this dip here 371 00:19:38,920 --> 00:19:42,800 people are calling for like BTC Dom top here and Thorne is just 372 00:19:42,800 --> 00:19:46,920 like just skyrocketed again. There is no top. 373 00:19:47,240 --> 00:19:48,480 I love you. Oh Amanda, you muted. 374 00:19:48,480 --> 00:19:49,760 I think you're trying to say something, right? 375 00:19:50,520 --> 00:19:53,600 Yeah, it's interesting that if I know we feel like we've been in 376 00:19:53,600 --> 00:19:57,320 a been having a bad time and it's this isn't really a 377 00:19:57,320 --> 00:20:00,480 conversation for all coins, but for Bitcoin, Bitcoin is still 378 00:20:00,480 --> 00:20:04,480 the best performing asset since Trump was elected, the best 379 00:20:04,480 --> 00:20:06,600 performing major asset since Trump was elected. 380 00:20:08,640 --> 00:20:14,720 It's, it's beating U.S. stocks, bonds. 381 00:20:15,000 --> 00:20:16,800 I, I don't know about China stocks now because I know 382 00:20:16,800 --> 00:20:18,560 they're up like 40 or 50% this year. 383 00:20:19,280 --> 00:20:21,440 But it's if them in China stocks, which are still up the 384 00:20:21,440 --> 00:20:28,480 most since Trump was elected. This whole Trump trade where you 385 00:20:28,480 --> 00:20:32,840 bought like Tesla, Trump, media, all of that sort of stuff. 386 00:20:33,640 --> 00:20:38,640 Maybe like the energy firms that has really reversed. 387 00:20:39,160 --> 00:20:42,760 Oh my God, yeah, I did. Like the basket of Trump trades, 388 00:20:42,760 --> 00:20:45,280 there's been a lot of analysis on it, and it's like it's got 389 00:20:45,520 --> 00:20:51,600 decimated since the election. Yeah, right. 390 00:20:51,760 --> 00:20:53,360 Look at that. That's Tesla, Yeah. 391 00:20:53,360 --> 00:20:55,200 It looks like Ethereum, right? Yeah. 392 00:20:55,200 --> 00:20:57,280 But it's there's a number of firms like that. 393 00:20:57,280 --> 00:21:03,680 So like people in Tradfi think that Bitcoin is outperforming 394 00:21:04,120 --> 00:21:07,160 just to let down. Like the conversation in Tratify 395 00:21:07,560 --> 00:21:11,080 is Bitcoin is doing better than the rest of the market, that 396 00:21:11,080 --> 00:21:14,360 it's more of a safe haven asset. They don't think, they're not 397 00:21:14,360 --> 00:21:16,400 saying Oh my God, it's Vincent Murphy stuff because they're not 398 00:21:16,400 --> 00:21:17,440 paying things to altcoins. Yeah. 399 00:21:18,960 --> 00:21:23,680 So just keep that in mind that like, there's been a lot of 400 00:21:23,680 --> 00:21:29,320 money in a lot of different things and, and yeah, people, 401 00:21:29,320 --> 00:21:30,960 people think that Bitcoin's like doing well. 402 00:21:31,760 --> 00:21:33,760 Yeah, that's wild. Well, love to see that. 403 00:21:33,920 --> 00:21:35,400 That's a good. That's a nice narrative shift. 404 00:21:35,400 --> 00:21:37,680 I like Tyler, let's run through your topics quickly. 405 00:21:37,680 --> 00:21:39,320 But I see Udi Speaking of Bitcoin. 406 00:21:39,320 --> 00:21:42,000 See you say Bitcoin, you whisper Bitcoin and then he shows up. 407 00:21:42,000 --> 00:21:44,440 The wizard, He shows up. I see him in his zoo. 408 00:21:44,440 --> 00:21:47,480 So Tyler, let's just I guess run down the topics quickly and then 409 00:21:47,480 --> 00:21:51,440 we'll go straight to our interview with Udi FT and Crypto 410 00:21:51,440 --> 00:21:56,520 analysis. Tyler T on FOMO Hour calls the 411 00:21:56,600 --> 00:22:01,600 kids. Can yeah, folks, crypto major's 412 00:22:01,600 --> 00:22:05,360 a bit red here on the day after a bit of a let down from Trump's 413 00:22:05,360 --> 00:22:10,240 appearance at DAS yesterday, that that appearance was just a 414 00:22:10,240 --> 00:22:13,120 pre recorded message reaffirming previous talking points and 415 00:22:13,120 --> 00:22:15,680 saying he wants America to become an undisputed Bitcoin 416 00:22:15,680 --> 00:22:17,840 superpower. So good message, but we'd heard 417 00:22:17,840 --> 00:22:21,640 before markets were overhyped. As we tend to do in other 418 00:22:21,640 --> 00:22:26,880 headlines, Canary Labs filed for a Pingu E2 at E2 Pingu ETF, 419 00:22:26,880 --> 00:22:29,840 including the Pingu meme coin and Pudgy Ping. 420 00:22:29,840 --> 00:22:32,200 I was so excited to say it. I bought you. 421 00:22:32,200 --> 00:22:33,720 But this is a big one. We're going to be talking to 422 00:22:33,720 --> 00:22:35,200 Luca about it in a few minutes here. 423 00:22:35,680 --> 00:22:38,880 The SEC, as Mando alluded to, they shared that crypto mining, 424 00:22:39,040 --> 00:22:42,840 specifically proof of work, does not violate securities laws. 425 00:22:42,880 --> 00:22:46,360 Big win for Bitcoin, Doge and other block chains. 426 00:22:46,520 --> 00:22:49,560 We saw biotech firm a tie. They're the latest public 427 00:22:49,560 --> 00:22:52,360 company to announce Bitcoin. Treasury $5,000,000 in Bitcoin 428 00:22:52,360 --> 00:22:54,640 they picked up. The Ton Foundation said that a 429 00:22:54,640 --> 00:22:58,240 group of VCs including Sequoia and a few others have now 430 00:22:58,240 --> 00:23:00,720 invested over $400 million in the Ton coin. 431 00:23:01,360 --> 00:23:04,880 So the money pouring into TON, we mentioned stable coins are up 432 00:23:04,880 --> 00:23:06,680 quite a bit. The ORCA token was a surprise 433 00:23:06,680 --> 00:23:10,360 winner, jumped 140% after being listed on update yesterday. 434 00:23:10,440 --> 00:23:13,560 So that was a huge one. We saw uranium digital folks, 435 00:23:13,560 --> 00:23:16,720 they raised $6.1 million to bring uranium futures and spot 436 00:23:16,720 --> 00:23:20,040 trading on chain by Solana. So you're going to be able to 437 00:23:20,040 --> 00:23:24,240 trade uranium 24/7 here soon if. My people are happy. 438 00:23:25,360 --> 00:23:29,480 A couple pieces of breaking news or not breaking, but hired Eric 439 00:23:29,480 --> 00:23:31,640 Trump as an advisor that came out last night. 440 00:23:32,080 --> 00:23:34,080 Interesting headline there. And then this morning right 441 00:23:34,080 --> 00:23:37,520 before the show, Sailor has reportedly upped his strife sale 442 00:23:37,520 --> 00:23:42,520 from $500 million to 720. So even more capital coming into 443 00:23:42,520 --> 00:23:47,160 his Bitcoin pouches here in token air dropping protocol news 444 00:23:47,160 --> 00:23:48,440 pump fun. One of the biggest stories of 445 00:23:48,440 --> 00:23:49,960 the day. They introduced pump swap to 446 00:23:49,960 --> 00:23:53,400 native decks sharing the immediately all pump coins that 447 00:23:53,400 --> 00:23:56,200 migrate will go directly to pump swap with instant migration, 0 448 00:23:56,200 --> 00:23:59,760 fees, more liquidity, and potentially creator Rev sharing. 449 00:23:59,760 --> 00:24:02,840 So huge news there. Moon Pay landed a new $200 450 00:24:02,840 --> 00:24:04,880 million revolving credit line from Galaxy. 451 00:24:04,880 --> 00:24:08,240 Shout out to them Wayfinder, the Kaido effect folks. 452 00:24:08,240 --> 00:24:12,120 They've seen 100,000 new wallets activated Kaido activation that 453 00:24:12,120 --> 00:24:15,680 that Kaido activation was Monday 100 new 100,000 new wallets in a 454 00:24:15,680 --> 00:24:16,960 week. That's that's pretty big 455 00:24:16,960 --> 00:24:19,560 success. And then Walrus big news over on 456 00:24:19,560 --> 00:24:22,360 Suey, three major announcements. Their main net launch is March 457 00:24:22,360 --> 00:24:24,160 27th. They introduced their wall 458 00:24:24,160 --> 00:24:29,320 tokenomics and they also shared they raised $140 million to 459 00:24:29,320 --> 00:24:33,640 scale programmable storage on SUI led by Standard crypto and 460 00:24:34,200 --> 00:24:38,080 A16Z. So some, some big VCs in there 461 00:24:38,360 --> 00:24:41,160 rounding this out in AI crypto news, Virtual's unveiled new 462 00:24:41,160 --> 00:24:43,280 virtual Partners Network. It's a council to help new 463 00:24:43,280 --> 00:24:44,760 founders through their launch journey. 464 00:24:45,000 --> 00:24:49,520 Mentify announced an AI powered, AI powered trading within their 465 00:24:49,520 --> 00:24:53,160 marketplace. And yeah, that's pretty much the 466 00:24:53,160 --> 00:24:55,360 headlines from today. Oh, it's folks. 467 00:24:55,560 --> 00:24:59,120 You got to get your Bitcoin in those wallets by Monday if you 468 00:24:59,120 --> 00:25:01,880 want to be eligible to go ahead and mint on Tuesday. 469 00:25:01,880 --> 00:25:04,480 I'm sure we'll hear more from Udi on that here in a few 470 00:25:04,480 --> 00:25:06,080 minutes. Start entangling. 471 00:25:06,200 --> 00:25:08,760 You know, the last time I heard the term entanglement was during 472 00:25:08,760 --> 00:25:12,560 the whole Jada Pinkett Smith, Will Smith thing when she said 473 00:25:12,560 --> 00:25:15,200 she was having an entanglement with her son's friend or some 474 00:25:15,200 --> 00:25:17,880 shit, right? Isn't that where the term comes 475 00:25:17,880 --> 00:25:19,600 from? I mean, let's, let's, let's 476 00:25:19,600 --> 00:25:22,600 bring him up on here. Woody No. 477 00:25:23,640 --> 00:25:25,440 Bokeh tov how you doing? Bokeh Tov. 478 00:25:27,080 --> 00:25:29,680 You guys have like the best GM you know in these rallies, like 479 00:25:29,680 --> 00:25:31,760 Bokeh Tov, like it sounds so good, you know? 480 00:25:31,760 --> 00:25:35,200 We say G meow. G meow Yeah, yeah, yeah. 481 00:25:35,560 --> 00:25:37,280 I leave that for the fairies of Twitter. 482 00:25:37,320 --> 00:25:39,480 That's a little bit, You know, I like that. 483 00:25:39,480 --> 00:25:41,160 Yo, Woody, let me ask you something. 484 00:25:42,360 --> 00:25:43,560 The. Entanglement stuff, you know, 485 00:25:43,560 --> 00:25:51,640 it's look, some people are kind of more in the LA vibes and 486 00:25:51,640 --> 00:25:56,400 they're into Jada Smith. I guess it's also a term in in 487 00:25:56,480 --> 00:25:59,040 in quantum mechanics though. So right. 488 00:26:00,040 --> 00:26:02,440 That too. Sorry, media, media brain here, 489 00:26:03,200 --> 00:26:06,080 you know, So I, I'm assuming, you know, half of CT went 490 00:26:06,080 --> 00:26:08,200 towards that where I went, the other half went towards. 491 00:26:08,200 --> 00:26:10,960 The quantum probably like 70% went to where you went, yeah. 492 00:26:11,200 --> 00:26:13,320 Yeah, probably Tyler. I love those topics though. 493 00:26:13,320 --> 00:26:15,680 We'll have to go back on Monday on the pump fun and and and 494 00:26:15,680 --> 00:26:17,200 radium thing because there's some beef on the timeline. 495 00:26:17,600 --> 00:26:19,320 I saw. I saw some of the Radium 496 00:26:19,320 --> 00:26:20,560 collaborators. That's what you're having. 497 00:26:20,880 --> 00:26:24,600 That's what you did. They were not exactly they were 498 00:26:24,600 --> 00:26:28,520 not too happy about about those announcements back-to-back, but 499 00:26:28,520 --> 00:26:30,520 that's there's definitely a lot of movement on that front 500 00:26:30,840 --> 00:26:33,880 quickly the code today. So the chance you know, really, 501 00:26:33,880 --> 00:26:37,560 I wish you know, robot loot boxes took Bitcoin or ordinals. 502 00:26:37,920 --> 00:26:40,240 But for now it's only a theorem. NFT is your favorite. 503 00:26:40,320 --> 00:26:41,840 But the code today is wizard though. 504 00:26:41,840 --> 00:26:44,200 So we gave you guys the code. We named it after you wizard. 505 00:26:44,200 --> 00:26:48,800 So if you go to rafflebot dot XYZ, rafflebot dot XYZ, every 506 00:26:48,800 --> 00:26:50,840 Tuesday, Wednesday, Thursday, Friday, we pick someone from the 507 00:26:50,840 --> 00:26:53,760 audience live and we roll and you can win today. 508 00:26:53,760 --> 00:26:57,320 You have 15% chances or 1313% chances of winning. 509 00:26:57,320 --> 00:26:59,040 Pudgy Penguin. So nice. 510 00:26:59,320 --> 00:27:01,240 That's not yeah, it's not bad. It's a quick little, you know, 511 00:27:01,240 --> 00:27:03,880 10/10/15 grand, right? So you absolutely love to see 512 00:27:03,880 --> 00:27:05,960 that was actually worth nevermind $25,000. 513 00:27:05,960 --> 00:27:09,640 So it says pretty good. Anyways, Ooty man, so excited to 514 00:27:09,640 --> 00:27:11,760 have you back on the show. Feel like every time there's 515 00:27:11,760 --> 00:27:13,960 something big going on, I always text you. 516 00:27:13,960 --> 00:27:17,240 I'm like, you gotta get you on the show to talk all things top 517 00:27:17,240 --> 00:27:20,640 with Wizards. My first question to you, Udi, 518 00:27:20,640 --> 00:27:23,840 is what the hell is happening with my pups? 519 00:27:28,000 --> 00:27:30,360 What the puppets ordinals? I love the pups. 520 00:27:30,360 --> 00:27:32,960 No, the runes. What's happening with our runes? 521 00:27:33,080 --> 00:27:33,680 Udi we. Go. 522 00:27:33,720 --> 00:27:35,280 We want to buy runes, man. I'm not. 523 00:27:35,520 --> 00:27:38,240 I can't help you. I told you not to buy runes. 524 00:27:38,240 --> 00:27:41,040 You wanted to buy the runes. I cannot help there. 525 00:27:41,240 --> 00:27:43,440 I'm sorry. Yeah, it was in the name, right? 526 00:27:43,440 --> 00:27:44,720 Like we're literally in runes now. 527 00:27:45,240 --> 00:27:49,800 Yeah, Yeah, it was the name. Runes were, you know, we tried. 528 00:27:50,520 --> 00:27:52,440 But you what you guys are you've re seized it. 529 00:27:52,440 --> 00:27:55,720 So you're investing in Odin fun. So tell us about. 530 00:27:56,160 --> 00:27:59,280 Odin Fun. If you want to try runes, then 531 00:27:59,440 --> 00:28:02,600 yeah, the the place to do that, the place to do that is an Odin 532 00:28:02,600 --> 00:28:05,200 Fun because what they did is they they basically took all of 533 00:28:05,200 --> 00:28:07,840 the bad things about runes and threw them away. 534 00:28:08,400 --> 00:28:11,600 That's true. And, and they ended up with a 535 00:28:11,720 --> 00:28:13,400 platform that's really like, it's really cool. 536 00:28:13,400 --> 00:28:17,960 It's it's fast, it's it's easy to use and you can use Bitcoin. 537 00:28:18,240 --> 00:28:21,600 You don't have to, you don't have to trade against Seoul and 538 00:28:21,600 --> 00:28:24,560 watch your overall Seoul bounce go down. 539 00:28:24,840 --> 00:28:28,480 You can trade it with Bitcoin. Personally, I love that part. 540 00:28:29,880 --> 00:28:32,080 So yeah, it's a pretty, it's pretty cool platform for 541 00:28:32,080 --> 00:28:35,080 trading. And they're all new, like it's a 542 00:28:35,080 --> 00:28:36,760 launchpad. So they're all new runes. 543 00:28:37,240 --> 00:28:42,440 You don't have to carry your baggage of, of old bad rune 544 00:28:42,440 --> 00:28:44,600 investments in there. So yeah, all we find is pretty 545 00:28:44,600 --> 00:28:45,440 cool. Oh, wow. 546 00:28:45,440 --> 00:28:47,920 So we're definitely never seeing our pups listed on there, Tyler. 547 00:28:47,920 --> 00:28:50,880 So there goes that question. You know he's never. 548 00:28:50,920 --> 00:28:52,720 I mean, maybe I, I don't know. It's it's it's. 549 00:28:52,840 --> 00:28:54,920 You're basket of old ruins, God damn it. 550 00:28:54,920 --> 00:28:57,000 All right, well, Udi, listen, we're not here to talk wounds 551 00:28:57,000 --> 00:28:59,320 and stuff, though we did have a few questions on the ecosystem 552 00:28:59,320 --> 00:29:00,640 as a whole. I know Tyler's got some 553 00:29:00,640 --> 00:29:03,000 questions for you, but quickly like you know, I think I don't 554 00:29:03,000 --> 00:29:05,520 think we need any introductions. You know, Udi Co founder of 555 00:29:05,520 --> 00:29:07,680 tappered Wizards. We love the Wizards. 556 00:29:07,680 --> 00:29:10,000 Honestly, I think you guys are one of the projects that really 557 00:29:10,000 --> 00:29:12,440 doing some good stuff and you're literally trying to change 558 00:29:12,440 --> 00:29:14,720 Bitcoin. So kind of want to ask you 559 00:29:14,720 --> 00:29:16,080 first, like what's the latest here? 560 00:29:16,120 --> 00:29:19,760 We know Tyler quickly mentioned your mint or the entanglement 561 00:29:19,800 --> 00:29:22,640 happening at the moment to get a wizard. 562 00:29:23,320 --> 00:29:25,680 So why don't you take us to the latest news and then maybe we 563 00:29:25,680 --> 00:29:27,080 can ask you some more questions about all that. 564 00:29:28,080 --> 00:29:34,480 Yeah, so after two years of, of sitting on those top Wizards and 565 00:29:34,760 --> 00:29:37,960 people begging us to, well, I mean, we always joke that nobody 566 00:29:37,960 --> 00:29:41,320 wants a top wizard, but the truth is people have been asking 567 00:29:41,320 --> 00:29:43,480 us for two years to let go of them already. 568 00:29:43,840 --> 00:29:48,840 So we're finally doing that. And there's been, you know, 569 00:29:48,840 --> 00:29:52,000 there's the the thing about this collection, unlike most kind of 570 00:29:52,440 --> 00:29:57,600 popular in PFP collections, this one is only 2000 pieces as 571 00:29:57,600 --> 00:30:00,240 opposed to 10,000. There's really not that many of 572 00:30:00,240 --> 00:30:04,120 them. So we just can't, we can't fit 573 00:30:04,240 --> 00:30:10,160 everyone in. So we had a a couple of ways to 574 00:30:10,160 --> 00:30:15,640 get into the white list. One way was the so-called in cat 575 00:30:15,640 --> 00:30:17,920 entanglement that is actually closed now. 576 00:30:18,160 --> 00:30:19,920 So you cannot do that. If you didn't do it yet, you 577 00:30:19,920 --> 00:30:25,880 couldn't do that anymore. It meant if you hold 2 cats, 2 578 00:30:25,880 --> 00:30:28,680 quantum cats, you could use them in order to get a spot with a 579 00:30:28,680 --> 00:30:30,200 discount into the top of Wizards. 580 00:30:30,680 --> 00:30:35,440 Then on I I believe it was on Monday no and on Wednesday 2 581 00:30:35,440 --> 00:30:39,720 days ago, we announced the sort of wizard school whitelist, 582 00:30:39,720 --> 00:30:43,040 which is all the all the awesome guys that have been taking 583 00:30:43,040 --> 00:30:46,080 showers over the years. You've seen them on the timeline 584 00:30:46,080 --> 00:30:50,800 they've they've had a bunch of awesome videos last week about 585 00:30:50,960 --> 00:30:53,960 how they're going to earn O .2 Bitcoin to pay for the min 586 00:30:53,960 --> 00:30:56,880 price. There are literally thousands of 587 00:30:56,880 --> 00:31:00,560 those too so good picks, the best of the best and put them on 588 00:31:00,560 --> 00:31:03,840 the white list as well. So at this stage, the white list 589 00:31:03,840 --> 00:31:07,520 is closed. People who are on the white 590 00:31:07,520 --> 00:31:10,800 list. Tyler mentioned that before they 591 00:31:10,800 --> 00:31:15,000 absolutely have to go and fund their wallets and connect them 592 00:31:15,000 --> 00:31:18,240 to the website by Monday noon Eastern. 593 00:31:18,560 --> 00:31:21,360 Because if they don't, we have this long waiting list of other 594 00:31:21,360 --> 00:31:23,560 people that want it. And if they don't do that by 595 00:31:23,560 --> 00:31:25,840 then we're going to have to remove them from from the white 596 00:31:25,840 --> 00:31:29,440 list and let them deploy it. So you absolutely have to load 597 00:31:29,440 --> 00:31:34,000 your wallet by Monday after that's all said and done, the 598 00:31:34,000 --> 00:31:35,680 mint for the white list is on Tuesday. 599 00:31:35,680 --> 00:31:37,800 And after that's all said and done, we're also going to have a 600 00:31:37,800 --> 00:31:42,760 small, a small public portion that that will go to a Dutch 601 00:31:42,760 --> 00:31:45,600 auction. That one I'm really excited 602 00:31:45,600 --> 00:31:49,760 about because it's the first time in Oronal that we're we're 603 00:31:49,760 --> 00:31:52,680 doing something really cool. You anyone can connect to the 604 00:31:52,680 --> 00:31:56,480 Mint website for the auction. Public part can connect to the 605 00:31:56,480 --> 00:31:58,960 Mint website with Phantom wallet. 606 00:31:59,280 --> 00:32:00,880 So you don't need to have an Oronal's wallet. 607 00:32:01,520 --> 00:32:03,080 You can connect with Phantom wallet. 608 00:32:03,360 --> 00:32:09,640 You can bid with Skull and if you win, you'll get the wizard 609 00:32:09,640 --> 00:32:12,120 straight to your phantom wallet on Bitcoin on ordinals. 610 00:32:12,120 --> 00:32:13,720 It's not bridge. It's not anything like that 611 00:32:14,080 --> 00:32:18,320 Phantom has or no support for this, so you can pay with soul 612 00:32:18,320 --> 00:32:20,520 that you already have with the phantom wallet you already have 613 00:32:21,280 --> 00:32:23,360 and you get the wizard straight to your wallet. 614 00:32:23,360 --> 00:32:24,520 So I'm I'm really happy about that. 615 00:32:24,520 --> 00:32:25,680 That's the first time anyone's. Done it. 616 00:32:25,840 --> 00:32:27,840 Wow, wait, that's actually really cool. 617 00:32:28,120 --> 00:32:30,240 Yeah. Because the main hurdle has 618 00:32:30,240 --> 00:32:32,560 always been, I mean, I love X first, by the way, wallet, just 619 00:32:32,560 --> 00:32:34,640 some great wallets on there. I never really had issues. 620 00:32:34,640 --> 00:32:36,640 But I'm just saying like you just make it a little bit 621 00:32:36,640 --> 00:32:38,000 simpler. Yeah. 622 00:32:38,000 --> 00:32:41,360 So you know, like our core, the reason we did it like this is 623 00:32:41,360 --> 00:32:44,640 our core community, the ones who've been entangling cats and 624 00:32:44,760 --> 00:32:47,720 the ones who've been like doing the white this since the Quest 625 00:32:47,720 --> 00:32:50,920 and the showers and all this stuff they have have X first 626 00:32:50,960 --> 00:32:54,680 they they're good to go. But for everyone else who's not 627 00:32:54,680 --> 00:32:56,840 been part of the Oronald ecosystem and wants to kind of 628 00:32:56,840 --> 00:32:59,640 get a taste, that's like the perfect way to onboard for the 629 00:32:59,640 --> 00:33:00,920 first time. I think there's a lot of people 630 00:33:00,920 --> 00:33:03,000 who are kind of like, yeah, I really want to talk to a wizard, 631 00:33:03,000 --> 00:33:07,480 but how do I like, what do I do? So that's a really easy way to 632 00:33:07,480 --> 00:33:11,880 get in for people who wanted. Well, that's huge news. 633 00:33:11,880 --> 00:33:15,040 I actually didn't realize that. So that's big. 634 00:33:15,760 --> 00:33:17,800 You're unlocking a bigger audience for sure. 635 00:33:17,800 --> 00:33:20,840 I guess maybe stepping back for a minute, Temper Wizards have 636 00:33:20,840 --> 00:33:23,120 been in the works for quite some time, right? 637 00:33:23,200 --> 00:33:25,360 So like maybe tell us a little bit about that. 638 00:33:25,360 --> 00:33:27,680 Like why was the journey so long? 639 00:33:27,680 --> 00:33:29,840 Did you choose it? Like did it just did it actually 640 00:33:29,840 --> 00:33:34,080 just take this long to develop everything and get it in the 641 00:33:34,080 --> 00:33:36,280 readiness that you that you wanted? 642 00:33:36,320 --> 00:33:37,360 Yeah. Tell us all about the journey. 643 00:33:38,160 --> 00:33:42,080 Yeah, so it's actually been longer than most people even 644 00:33:42,080 --> 00:33:43,840 think. Wait, but we're in the bear 645 00:33:43,840 --> 00:33:45,520 market. It's. 646 00:33:45,600 --> 00:33:47,560 Like a bear market. It's, it's so funny to me when 647 00:33:47,640 --> 00:33:50,040 Bitcoin is like 80K and people call it a bear market. 648 00:33:50,040 --> 00:33:53,960 But like, yeah, sure, I'll take it It it just means that people 649 00:33:53,960 --> 00:33:55,360 don't hold Bitcoin, you know, that's that's. 650 00:33:55,520 --> 00:34:02,480 No, nobody owns Bitcoin. So we, we inscribed the 651 00:34:02,480 --> 00:34:06,800 collection, so put the Jpegs on chain forever on Bitcoin in 652 00:34:06,800 --> 00:34:09,440 February 2023, so just over two years ago. 653 00:34:09,960 --> 00:34:12,840 But we started working on this project even earlier than that. 654 00:34:13,639 --> 00:34:19,760 We've started working on this around summer 2022, maybe even a 655 00:34:19,760 --> 00:34:24,159 little before that, before Arnold's existed, or at least 656 00:34:24,159 --> 00:34:26,440 before we knew that Arnold's are in development. 657 00:34:28,280 --> 00:34:31,920 And the, the reason for that was if if you think back to the 658 00:34:31,920 --> 00:34:39,480 previous bull cycle, you, you might remember that like Bitcoin 659 00:34:39,480 --> 00:34:43,679 did not have the same kind of brand identity that it has 660 00:34:43,679 --> 00:34:46,520 today. We joke now that a lot of people 661 00:34:46,520 --> 00:34:48,880 just don't in crypto, don't have Bitcoin in their portfolio, but 662 00:34:48,880 --> 00:34:52,520 back then it really was. It was like people people would 663 00:34:52,520 --> 00:34:56,040 have been ashamed in in in on CT to say that they own Bitcoin. 664 00:34:56,320 --> 00:34:59,560 It was considered like a pit. Brock doesn't do anything, never 665 00:34:59,560 --> 00:35:02,960 goes up and and you cannot do anything with it. 666 00:35:02,960 --> 00:35:05,240 And it's only for boomers and Maxis and whatever. 667 00:35:05,400 --> 00:35:09,680 It had like a real branding problem at the time and we 668 00:35:09,680 --> 00:35:12,000 wanted to start the type of Wizards collection at the time 669 00:35:12,000 --> 00:35:15,240 in order to kind of improve that a little bit and create a 670 00:35:15,240 --> 00:35:19,680 community for people who maybe are some of them Bitcoin Ogs and 671 00:35:19,680 --> 00:35:22,160 maybe some of them are people who have been, you know, in 672 00:35:22,160 --> 00:35:25,080 Bitcoin for a while or maybe newer to it. 673 00:35:25,080 --> 00:35:27,920 But but but what they see on Twitter is just those kind of 674 00:35:27,920 --> 00:35:30,240 laser I maxes and they can't be part of that because it's 675 00:35:30,600 --> 00:35:32,400 terrible. So we wanted to give like 676 00:35:32,400 --> 00:35:34,960 another way for people to identify with Bitcoin. 677 00:35:36,160 --> 00:35:40,160 That was, that was kind of the point of, of Tapple Wizards 678 00:35:40,160 --> 00:35:43,320 early on. We thought it might be like a 679 00:35:43,320 --> 00:35:46,760 collection for Bitcoiners on Ethereum because there was no 680 00:35:47,840 --> 00:35:51,680 good way to do it on Bitcoin, but that, you know, that kind of 681 00:35:52,240 --> 00:35:54,760 never fully clicked for us. So we had, you know, we had the 682 00:35:54,760 --> 00:35:56,960 artwork ready, we had a lot of the story ready. 683 00:35:57,720 --> 00:35:59,920 And then when Arnold showed up, we were like, OK, this is 684 00:35:59,920 --> 00:36:01,720 actually the perfect platform for this. 685 00:36:02,160 --> 00:36:05,960 And that's why we kicked this. We we got this going like very, 686 00:36:05,960 --> 00:36:09,920 very quickly. I think by inscription 600, like 687 00:36:09,920 --> 00:36:14,320 the six, the 600 image on chain is, is a type of wizard already. 688 00:36:15,480 --> 00:36:18,200 So, so yeah, it was pretty quick. 689 00:36:19,480 --> 00:36:22,280 And then, you know, the, the entire collection was already 690 00:36:22,280 --> 00:36:26,320 ready by the end of of of of that month and was already on 691 00:36:26,320 --> 00:36:28,960 chain. But we always hope, you know, 692 00:36:28,960 --> 00:36:32,320 people have been asking us to finally like distribute, admit 693 00:36:32,320 --> 00:36:35,240 those by like we we kept telling people that this is this is 694 00:36:35,240 --> 00:36:36,720 going to be something that takes a while. 695 00:36:37,200 --> 00:36:41,200 And one of the reasons for it was I see this as as something 696 00:36:41,200 --> 00:36:47,840 that has a chance to become a really kind of long term staple 697 00:36:47,840 --> 00:36:51,960 of Bitcoin culture. And for that, you want to get 698 00:36:51,960 --> 00:36:54,400 the right people in the right people are the ones who will 699 00:36:54,400 --> 00:36:58,400 stick with you for a long time and not necessarily the ones who 700 00:36:58,400 --> 00:37:01,040 will mint at the peak of the hype or whatever it is. 701 00:37:01,760 --> 00:37:04,120 So even though, you know, we could have sold them for like, I 702 00:37:04,120 --> 00:37:08,640 don't know, fucking 1-2 BTC at the pick of the Uno's hype and, 703 00:37:08,640 --> 00:37:10,600 and, and make a bag and fuck off. 704 00:37:10,600 --> 00:37:12,760 But I think that would have been bad for the collection. 705 00:37:13,160 --> 00:37:17,560 So waiting has been like something we always knew and 706 00:37:17,560 --> 00:37:20,320 always said we're going to do for a long time now we have this 707 00:37:20,320 --> 00:37:22,000 community. I mean, it's obviously never 708 00:37:22,000 --> 00:37:25,320 happened before that someone launched an NFC collection and 709 00:37:25,320 --> 00:37:27,240 did not distribute it for two years. 710 00:37:27,440 --> 00:37:30,280 That never happened, so I'm really excited to see how that 711 00:37:30,280 --> 00:37:32,120 plays out. And there are a few people that 712 00:37:32,120 --> 00:37:33,680 took money and never launched as a whole. 713 00:37:34,360 --> 00:37:35,400 But. But they. 714 00:37:35,440 --> 00:37:37,040 Didn't try to get the opposite. Yeah, they. 715 00:37:37,440 --> 00:37:39,640 Didn't try to actually but let me ask you something. 716 00:37:39,680 --> 00:37:44,240 Why are people so bongo here? Why is this MF for on my 717 00:37:44,240 --> 00:37:48,280 timeline getting just punched for a tap of wearing a wizard? 718 00:37:48,280 --> 00:37:49,880 Like what was the latest round? Oh wow. 719 00:37:50,880 --> 00:37:54,120 That's not. That that had to hurt that bongo 720 00:37:54,120 --> 00:37:58,000 that had to God. So what, what what's the latest 721 00:37:58,000 --> 00:38:00,480 challenge? Because I I followed along the 722 00:38:00,480 --> 00:38:02,600 wizard showers and everything that was great by the shout out 723 00:38:02,600 --> 00:38:05,120 to you for making people on CT actually take showers. 724 00:38:05,400 --> 00:38:07,640 Finally it fired. But why? 725 00:38:07,640 --> 00:38:10,520 Why is Bongo out there just getting punched in the in the in 726 00:38:10,520 --> 00:38:12,880 the stomach? Yeah. 727 00:38:12,880 --> 00:38:21,640 So our last quest over the previous week was to make videos 728 00:38:21,760 --> 00:38:24,960 where people you know wear a wizard costume and come up come 729 00:38:24,960 --> 00:38:28,600 up with ways to earn the mint price of O. 730 00:38:28,600 --> 00:38:32,640 Point, so there's. Been a lot of people with 731 00:38:32,640 --> 00:38:35,880 original ideas. Bongo just had people pay him to 732 00:38:35,880 --> 00:38:37,400 punch him, which is a great. Idea. 733 00:38:38,320 --> 00:38:40,000 Yeah. That's a great business. 734 00:38:40,320 --> 00:38:42,800 That's a great business. Yeah, he's a strong guy, though. 735 00:38:43,000 --> 00:38:45,120 He came up to me in Paris and I was like, goddamn, he's strong. 736 00:38:45,520 --> 00:38:49,600 So yeah, wow, look at this. Save his dress as a wizard. 737 00:38:50,080 --> 00:38:51,720 Yeah, of everybody out there just as Wizards. 738 00:38:52,960 --> 00:38:55,080 Yeah, man, this. Is great. 739 00:38:55,480 --> 00:38:56,800 Strong, I mean, it's one of my takeaways. 740 00:38:57,160 --> 00:39:00,920 NFT NYC2023I had folks coming up to me and talking about tempered 741 00:39:00,920 --> 00:39:02,520 Wizards tonight. They weren't really a super on 742 00:39:02,520 --> 00:39:05,000 my radar yet at that time. I was a little bit more focused 743 00:39:05,000 --> 00:39:08,840 on in Ethereum and those peoples are those people are still here 744 00:39:08,960 --> 00:39:10,800 sticking around. So they they stuck with it for 745 00:39:10,800 --> 00:39:12,360 for two years. So that is. 746 00:39:13,280 --> 00:39:16,640 It's it's really sound of the most amazing people I've met in 747 00:39:16,640 --> 00:39:20,160 crypto, honestly, like and you know, they're creative too, and 748 00:39:20,160 --> 00:39:23,760 they're funny and like, and they want to and they want to see 749 00:39:23,760 --> 00:39:28,520 Bitcoin, you know, on the yeah, they do on stage, you know, so. 750 00:39:29,840 --> 00:39:32,200 This is great. Yeah, yeah, there's a ton of 751 00:39:32,200 --> 00:39:33,600 these videos. Right, there's so many I 752 00:39:33,600 --> 00:39:36,800 remember watching review. Thousands of videos in like 24 753 00:39:36,800 --> 00:39:40,560 hours so Oh my God 20 people like running through those. 754 00:39:41,680 --> 00:39:43,160 I thought nobody wanted a wizard. 755 00:39:43,360 --> 00:39:45,200 Yeah, I thought so too, but they keep surprising. 756 00:39:45,200 --> 00:39:46,840 Me So what's? So what's this surprise 2 thou 757 00:39:47,000 --> 00:39:48,560 2100 of them? Is that what it is? 758 00:39:49,320 --> 00:39:52,400 21121, a bunch of them are honoraries. 759 00:39:52,400 --> 00:39:55,320 Some of the honoraries have not been inscribed yet, but there's 760 00:39:55,320 --> 00:39:57,720 like a few reserves for future honoraries. 761 00:39:57,960 --> 00:40:02,240 The main collection is 2085. Did I hear honoraries? 762 00:40:02,800 --> 00:40:05,680 Yeah. Yeah, no, you promised me 763 00:40:05,680 --> 00:40:08,800 something two years ago now. All all promises. 764 00:40:08,880 --> 00:40:12,080 All promises of the Temple Wizards project either have been 765 00:40:12,080 --> 00:40:15,720 kept or will be kept. Promises made, made. 766 00:40:15,840 --> 00:40:18,840 Promises kept, I think, I think we've, I think we've shown that 767 00:40:18,840 --> 00:40:20,320 like. Yeah. 768 00:40:20,720 --> 00:40:23,720 It might take us two years, but when we say we're going to do 769 00:40:23,720 --> 00:40:25,240 something, we're we're eventually doing it. 770 00:40:25,640 --> 00:40:27,520 You're from Banger events. You guys are everywhere. 771 00:40:27,520 --> 00:40:30,480 I was just with FAR in Paris like a couple months ago 772 00:40:30,520 --> 00:40:33,160 catching up. Your events are. 773 00:40:33,400 --> 00:40:37,280 Paris was wild. I mean, I honestly, to be 774 00:40:37,280 --> 00:40:39,600 perfectly honest, personally, I have very little to do with it. 775 00:40:39,640 --> 00:40:41,480 We have just an amazing team, yeah. 776 00:40:41,720 --> 00:40:43,000 You do. You really do. 777 00:40:43,400 --> 00:40:47,720 And they killed it for the Paris event, absolutely killed it. 778 00:40:47,720 --> 00:40:50,640 It was like it was what you had, like it. 779 00:40:50,800 --> 00:40:54,320 And you had like this entrance where I don't just show up to 780 00:40:54,320 --> 00:40:55,640 the next event. I don't even want to. 781 00:40:56,360 --> 00:40:57,640 I don't even want to give people ideas. 782 00:40:57,640 --> 00:41:00,240 Just next time, just show up. I know it was the same night as 783 00:41:00,240 --> 00:41:02,440 wrecked and I was like fuck. Yeah. 784 00:41:02,960 --> 00:41:05,280 It's always like that, right, those events like you have to 785 00:41:05,280 --> 00:41:07,640 you're like so torn because like, yeah, I got to support, 786 00:41:07,760 --> 00:41:10,920 you know, OB Mendel, the wreck family at the same time, like I 787 00:41:10,920 --> 00:41:12,800 got far time and like, yo, we're throwing a banger. 788 00:41:12,800 --> 00:41:16,000 You got to pull up. I'm like, God damn it, but but 789 00:41:16,000 --> 00:41:19,280 it's it's it's awesome. Oh, you look, we don't have to 790 00:41:19,280 --> 00:41:20,840 keep it much learning. Like honestly, like one question 791 00:41:20,840 --> 00:41:22,200 for you is like Opcat, how's that going? 792 00:41:22,200 --> 00:41:24,560 Because you know, on top of like, you know, I think behind 793 00:41:25,160 --> 00:41:27,560 the scenes, that's one thing I've always talked about. 794 00:41:27,720 --> 00:41:29,800 Like when I talk with you guys, the guys are actually trying to 795 00:41:29,800 --> 00:41:33,040 scale Bitcoin like you actually like it's not like you're trying 796 00:41:33,240 --> 00:41:35,960 to you tried to break. It in add functionality too. 797 00:41:36,280 --> 00:41:39,160 Yeah, yeah. So you know, my Co founder Eric 798 00:41:39,160 --> 00:41:44,160 Wohl published a thread about this a couple weeks ago. 799 00:41:44,880 --> 00:41:52,000 We had a really interesting kind of visit to Hong Kong recently 800 00:41:52,000 --> 00:41:54,360 where we got to meet a lot of the kind of movers and shakers 801 00:41:54,360 --> 00:41:57,360 in the mining industry over there and and a bunch of others. 802 00:41:57,360 --> 00:42:00,720 Minors are like a very important component in getting OPCAD to 803 00:42:00,720 --> 00:42:03,560 work. It was, it was a very good week 804 00:42:03,560 --> 00:42:06,400 because we had a lot of interest from these guys. 805 00:42:06,680 --> 00:42:10,200 It's like OPCAD is like this kind of lobbying effort, almost 806 00:42:10,200 --> 00:42:13,400 like a political lobbying thing because we have, you know, we 807 00:42:13,400 --> 00:42:17,000 have the stuff that we were developing internally. 808 00:42:17,000 --> 00:42:20,120 But in, in order for all of this to work, the, the UPCAT upgrade 809 00:42:20,120 --> 00:42:22,040 has to happen. And that's kind of almost a 810 00:42:22,040 --> 00:42:24,480 lobbying effort. So the visit to Hong Kong has 811 00:42:24,480 --> 00:42:29,240 been very promising. There's going to be, I, I think 812 00:42:29,240 --> 00:42:30,520 it should be announced very soon. 813 00:42:30,520 --> 00:42:33,560 There's going to be like a big event, a public event in Hong 814 00:42:33,560 --> 00:42:38,840 Kong next about UPCAT. We'll, we'll have more detail 815 00:42:38,840 --> 00:42:40,840 about that very soon. It it's, it's going to be like 816 00:42:41,280 --> 00:42:43,960 imminently, OK. I want to go. 817 00:42:44,720 --> 00:42:48,520 And yeah, that, that that's going to be great. 818 00:42:48,520 --> 00:42:51,320 I think in Vegas there's going to be probably some some 819 00:42:51,320 --> 00:42:56,280 progress on that too. And on, on the developer front, 820 00:42:56,280 --> 00:42:58,200 on the kind of Bitcoin protocol developer front. 821 00:42:58,360 --> 00:43:00,640 One of the amazing things that have happened in the last 12 822 00:43:00,640 --> 00:43:04,960 months is, you know, OPCAD and really just the idea of soft 823 00:43:04,960 --> 00:43:09,000 forking or upgrading Bitcoin has been seen as a joke for so long. 824 00:43:09,000 --> 00:43:12,760 Like when we first came up with this a year ago, we were laughed 825 00:43:12,760 --> 00:43:14,120 out of the room. Basically, people would say like 826 00:43:14,120 --> 00:43:16,320 these clowns think they can upgrade Bitcoin. 827 00:43:16,320 --> 00:43:20,560 Who the fuck they think they are now basically, basically the 828 00:43:20,560 --> 00:43:24,600 entire conversation of Bitcoin protocol developers around the 829 00:43:24,600 --> 00:43:28,400 clock 24/7 is around how to make the next upgrade happen like it 830 00:43:28,400 --> 00:43:30,800 is. It is literally in consensus now 831 00:43:31,000 --> 00:43:33,040 that Bitcoin needs to upgrade one way or another. 832 00:43:33,320 --> 00:43:37,160 So it the fact that this changed this much in 12 months is like a 833 00:43:37,160 --> 00:43:41,680 huge, you know, it it, it's really an achievement by the 834 00:43:41,680 --> 00:43:46,680 community of 1 cats and tuber Wizards that has been on this 835 00:43:46,880 --> 00:43:49,280 and shown that they want this for so. 836 00:43:49,280 --> 00:43:51,520 Long. That people can just cannot 837 00:43:51,520 --> 00:43:53,560 ignore this anymore. And this is part of what the 838 00:43:53,560 --> 00:43:57,240 quests are so good for when you see them flood the thumb line. 839 00:43:57,240 --> 00:44:00,120 You can't ignore this, you know, No, you just can't. 840 00:44:00,240 --> 00:44:03,680 There's you. You might not like it, but you 841 00:44:03,680 --> 00:44:07,400 cannot ignore it. And it's been it's it's been 842 00:44:07,400 --> 00:44:09,920 amazing, really. This community is literally 843 00:44:09,920 --> 00:44:13,320 making things happen. Above that well congratulations 844 00:44:13,320 --> 00:44:15,560 Udi you know love what you guys doing we're. 845 00:44:15,560 --> 00:44:17,840 All thank you. Fans always going to support you 846 00:44:17,840 --> 00:44:22,040 guys so really excited yeah don't worry about that Yeah, I'm 847 00:44:22,040 --> 00:44:23,880 good on the shower side personally speaking. 848 00:44:23,880 --> 00:44:26,160 You know when you live with a woman when the hack is just to 849 00:44:26,160 --> 00:44:28,840 live with a woman right then you definitely can't not shower 850 00:44:29,000 --> 00:44:31,800 right. So so we we make sure that we 851 00:44:31,800 --> 00:44:34,440 shower anyways, booty dude best of luck for the future of 852 00:44:34,440 --> 00:44:35,760 taproot Wizards. Thank you. 853 00:44:35,760 --> 00:44:37,920 Now wait to see what's next and Congrats on everything man. 854 00:44:37,920 --> 00:44:39,160 Thank you for coming, That was a lot of fun. 855 00:44:39,560 --> 00:44:40,320 Thanks. Good luck man. 856 00:44:40,360 --> 00:44:42,480 Peace, brother. All right, all right. 857 00:44:42,480 --> 00:44:44,040 Well, that was fun. Love, Udi. 858 00:44:44,040 --> 00:44:46,120 Love having him on. We're just going to keep it 859 00:44:46,120 --> 00:44:48,360 rolling right up to the next guest. 860 00:44:48,360 --> 00:44:52,080 We got Luca next in the house. Boo, Boo, Boo, Boo. 861 00:44:52,080 --> 00:44:53,600 What up, Luca? Good morning. 862 00:44:53,600 --> 00:44:55,560 Guys, how you doing? Long time no speak. 863 00:44:55,560 --> 00:44:57,960 Yeah. Man, though it's been been a 864 00:44:57,960 --> 00:45:02,000 couple months. Oh, man, oh, man, Luca, dude, 865 00:45:02,040 --> 00:45:05,840 listen, the big news came out right after you guys left the 866 00:45:05,840 --> 00:45:08,760 stage yesterday. You know, we got the Canary. 867 00:45:09,040 --> 00:45:12,600 The Canary ETFs were filed yesterday, but not just for 868 00:45:12,600 --> 00:45:16,480 pengu, for pengu and pudgy Penguins. 869 00:45:17,000 --> 00:45:19,440 This is this is you. Just there was a reminder for 870 00:45:19,440 --> 00:45:21,080 those of you that are on the Twitter spaces. 871 00:45:21,080 --> 00:45:23,960 We're also live on video. It is pinned at the top of the 872 00:45:23,960 --> 00:45:25,760 spaces. We go live Monday to Friday on 873 00:45:25,760 --> 00:45:29,560 audio and video as well. But also raffle bought dot XYZ. 874 00:45:29,680 --> 00:45:32,320 The code today is wizard. You have a chance to win a pudgy 875 00:45:32,320 --> 00:45:35,360 Penguin. We 13% chances that the person 876 00:45:35,360 --> 00:45:38,120 who comes up on stage, they wins a pudgy Penguin. 877 00:45:38,400 --> 00:45:41,280 It would be nice to to win A to win a pudgy Penguin on a day 878 00:45:41,280 --> 00:45:42,760 like today. So imagine you listen to the 879 00:45:42,760 --> 00:45:46,480 show, you get all the alpha, you get wizard, you get the pudgy 880 00:45:46,480 --> 00:45:49,960 Penguin shot and you get to win a pudgy No $26,000. 881 00:45:49,960 --> 00:45:51,760 You'd love to see that. So anyways, raffle ball that 882 00:45:51,760 --> 00:45:53,840 XYZ. Make sure you sign up as we talk 883 00:45:53,840 --> 00:45:56,280 to Luca. Luca, big news brother. 884 00:45:56,280 --> 00:45:57,960 First and foremost, congratulations. 885 00:45:58,160 --> 00:46:01,200 I think it's a, it's a huge deal for the, for the space. 886 00:46:01,200 --> 00:46:04,080 Tyler's got a bunch of questions for he's a resident Penguin 887 00:46:04,120 --> 00:46:06,880 expert in the house. But first, Luca, how do you feel 888 00:46:06,880 --> 00:46:09,080 after the news yesterday? And why don't you break it down 889 00:46:09,080 --> 00:46:11,400 for us? You know why it's so important 890 00:46:11,400 --> 00:46:14,040 for for for the pudgy Penguins, but also for the industry. 891 00:46:14,480 --> 00:46:17,200 Well, I I tried to time it yesterday for you, so I. 892 00:46:18,160 --> 00:46:19,040 Apologize. I apologize. 893 00:46:19,800 --> 00:46:22,880 Better late than never. I think from our perspective 894 00:46:22,880 --> 00:46:25,400 about like two months ago, I kind of told our Web three team 895 00:46:25,400 --> 00:46:28,240 that like this is the place where I want us to focus. 896 00:46:29,080 --> 00:46:32,080 And why I want us to focus there is because I think the pudgy 897 00:46:32,080 --> 00:46:36,600 Penguin story and the assets within our ecosystem are really 898 00:46:36,600 --> 00:46:41,280 easily digestible to the normal traditional finance type of 899 00:46:41,280 --> 00:46:43,560 person. And now that these rails are 900 00:46:43,560 --> 00:46:46,720 kind of opening up, it seems like this is a direction that we 901 00:46:46,720 --> 00:46:50,000 really want to go in. And so from our perspective, but 902 00:46:50,000 --> 00:46:53,680 we're working really hard to not only, you know, push this 903 00:46:53,680 --> 00:46:55,560 through, but I think there's a couple other things here that 904 00:46:55,560 --> 00:46:59,600 you'll see in the coming months in terms of what we're doing on 905 00:46:59,600 --> 00:47:03,240 the institutional side to ultimately open up the rails for 906 00:47:03,240 --> 00:47:06,160 people to participate within the ecosystem. 907 00:47:06,920 --> 00:47:09,600 Again, I think when it you, when you look at these type of tokens 908 00:47:09,600 --> 00:47:12,160 specifically, I think right now it's just DOGE and BONK 909 00:47:12,640 --> 00:47:15,840 alongside Pengu in this like pathetic culture category that 910 00:47:15,840 --> 00:47:20,120 has ETF filings. I think from our perspective, we 911 00:47:20,120 --> 00:47:24,800 just feel like we have a really competitive pace, you know to to 912 00:47:24,800 --> 00:47:28,920 kind of make to people in regards to you know what it 913 00:47:28,920 --> 00:47:31,680 looks like to ultimately participate in the Pudgy Penguin 914 00:47:31,680 --> 00:47:33,680 ecosystem. But I think it's something 915 00:47:33,680 --> 00:47:35,600 that's really easily understandable for them. 916 00:47:35,600 --> 00:47:40,440 So I think I think it's, it's a cool moment, one that I think is 917 00:47:40,440 --> 00:47:43,480 pretty historic because of the NFT integration and 918 00:47:43,480 --> 00:47:46,200 understanding that like the Pudgy Penguin ecosystem is both 919 00:47:46,200 --> 00:47:49,800 Penguin and the NFTS and kind of opening up those rails for that. 920 00:47:50,320 --> 00:47:53,920 But I've been in, I've been in DC twice over the last five 921 00:47:53,920 --> 00:47:56,560 weeks and we've got a lot more things cooking here. 922 00:47:57,840 --> 00:48:01,360 So I am curious on that note, did did you have input into like 923 00:48:01,360 --> 00:48:05,560 the split of it's going to be X percent Tingu token in the ETF 924 00:48:05,560 --> 00:48:09,640 is going to be Y percent NFT? Like what was that process like 925 00:48:09,640 --> 00:48:13,120 to kind of make sure both assets got bundled into the the 926 00:48:13,120 --> 00:48:15,160 product? Yeah, I think you got to 927 00:48:15,160 --> 00:48:18,640 understand like when it comes down to inflows, you know 928 00:48:18,680 --> 00:48:24,320 inflows $1,000,000 of inflows on NFTS are, are way more impactful 929 00:48:24,320 --> 00:48:26,400 than $1,000,000 in inflows on a liquid token. 930 00:48:27,560 --> 00:48:29,840 And so it's weighted a lot more for the token than it is the 931 00:48:29,840 --> 00:48:32,760 NFT. But I think, I think the, the, 932 00:48:33,000 --> 00:48:35,920 the weight is probably similar in the sense of like the 933 00:48:35,920 --> 00:48:39,040 liquidity and ultimately what moves the needle based on the 934 00:48:39,040 --> 00:48:40,800 percentage of inflows. And, and based on our 935 00:48:40,800 --> 00:48:45,480 understanding, I think like $1,000,000 on the NFT floor 936 00:48:45,480 --> 00:48:48,920 probably does the same thing that like 5 or $6 million does 937 00:48:48,920 --> 00:48:53,400 on the token based on just like me staring at it and you know, 938 00:48:54,640 --> 00:48:56,800 using it for the last, you know, couple of months. 939 00:48:57,640 --> 00:49:01,440 Yeah, that makes sense. I'm curious, Hey, or two-part 940 00:49:01,440 --> 00:49:05,360 question, how hard was it to pull this off to get here? 941 00:49:05,360 --> 00:49:08,880 And then I'm also curious Part 2 like what is the approval 942 00:49:08,880 --> 00:49:13,080 process look like and like how much is the team involved in 943 00:49:13,080 --> 00:49:15,840 that and like what the the future here looks like? 944 00:49:17,080 --> 00:49:18,600 Yeah. So I think the beauty of us is 945 00:49:18,600 --> 00:49:20,200 like we have these relationships. 946 00:49:20,200 --> 00:49:22,960 And so there's a lot of doors that are already kind of opened 947 00:49:22,960 --> 00:49:26,280 in this respect. And so I think in terms of how 948 00:49:26,280 --> 00:49:30,320 hard it was, it actually wasn't necessarily that hard in terms 949 00:49:30,320 --> 00:49:33,720 of like the process is rigorous and obviously we're not the ones 950 00:49:33,720 --> 00:49:35,840 filing it. So that's definitely, you know, 951 00:49:35,840 --> 00:49:40,240 Canary has a a brunt of the way. I think the the hard part would 952 00:49:40,240 --> 00:49:42,120 be the relationships and the connections. 953 00:49:42,160 --> 00:49:45,280 And I think that's easy for us. And it's been something that, 954 00:49:45,880 --> 00:49:48,120 you know, when your boots on the ground in DC, you can kind of 955 00:49:48,120 --> 00:49:51,840 make things happen. Yeah, this is a big deal. 956 00:49:51,840 --> 00:49:54,280 So you're telling me like this is so cool. 957 00:49:54,280 --> 00:49:56,680 So you think like the guy behind the desk at Canary is going to 958 00:49:56,680 --> 00:49:58,840 go like, damn, this trick goes hard. 959 00:49:58,840 --> 00:50:02,360 He's he's going to be sweeping the floor and open. 960 00:50:02,360 --> 00:50:05,680 See, you know, like that to me, it's so wild that like we've 961 00:50:05,680 --> 00:50:09,440 come from 2021 NFT media. You know, we talked about this 962 00:50:09,440 --> 00:50:12,200 on the show like or some point like NFTS, arguably more fun 963 00:50:12,200 --> 00:50:14,360 than meme coins, etcetera, but you kind of have best of both 964 00:50:14,360 --> 00:50:15,640 worlds. So now you can, you know, you 965 00:50:15,960 --> 00:50:18,480 can just go buy how you pick a plush at Walmart if you just 966 00:50:18,480 --> 00:50:22,360 want to, you know, the toy, or you can end up with the NFT or, 967 00:50:22,360 --> 00:50:24,480 or the token if you want to have access to the ecosystem. 968 00:50:24,480 --> 00:50:27,520 And now you're going to be DTS going to be able to to buy these 969 00:50:27,520 --> 00:50:28,840 up. This is really cool. 970 00:50:28,840 --> 00:50:32,400 Man, Fuck, this is so sick. I I didn't think it would be 971 00:50:32,400 --> 00:50:36,800 possible this soon, honestly, for the NFTS itself. 972 00:50:37,280 --> 00:50:38,880 That's really cool. Anyways, Tyler, back to you. 973 00:50:38,880 --> 00:50:41,120 I just wanted to comment on that because I just think it's such a 974 00:50:41,120 --> 00:50:43,920 big, you know, advancement. I know you got ties to Vanek was 975 00:50:43,920 --> 00:50:45,880 like really a Penguin PFP and never changed it. 976 00:50:45,880 --> 00:50:48,760 And then you have Bitwise Hunter Horsley who has you guys in the 977 00:50:48,760 --> 00:50:52,560 in the index. Is it possible that we see more 978 00:50:52,560 --> 00:50:55,400 filings on, on, on on NFTS like that? 979 00:50:56,000 --> 00:50:58,640 Yeah, I, I think, I think we totally will. 980 00:50:59,760 --> 00:51:04,200 And I think again, this is this is probably just one of I think 981 00:51:04,200 --> 00:51:05,880 many things that we have coming year. 982 00:51:06,600 --> 00:51:09,120 I'm also trying to think like, how can I just let the entire 983 00:51:09,120 --> 00:51:13,080 industry, I'm actually pretty bullish on, you know, this stuff 984 00:51:13,080 --> 00:51:14,880 getting approved. I just functionally, if I'm 985 00:51:14,880 --> 00:51:17,840 looking at the landscape and, and what I think is, you know, 986 00:51:17,840 --> 00:51:20,080 in the process of being approved, and then I'm looking 987 00:51:20,080 --> 00:51:24,440 at, you know, not only the, the pengu ETF, but maybe just a, a 988 00:51:24,440 --> 00:51:28,880 holistic NFTETF. Maybe there's a, a culture ETF, 989 00:51:28,880 --> 00:51:30,480 right? There's like, there's definitely 990 00:51:30,480 --> 00:51:32,840 a lot of that. We're exploring that, that not 991 00:51:32,840 --> 00:51:35,720 only just benefits, you know, us and our ecosystem, but others as 992 00:51:35,720 --> 00:51:37,480 well. I think we're in a position of 993 00:51:37,480 --> 00:51:39,800 leadership and as leaders, it's our job to lead. 994 00:51:39,800 --> 00:51:42,560 And, you know, ultimately, I think there's other things that 995 00:51:42,560 --> 00:51:45,280 we can do for the greater community, not just the pudgy 996 00:51:45,280 --> 00:51:48,320 Penguin community, as we kind of make these efforts. 997 00:51:49,880 --> 00:51:52,080 I'm with you. I'm in the camp that I think a 998 00:51:52,680 --> 00:51:54,000 lot of these are going to get approved. 999 00:51:54,760 --> 00:51:58,000 Yeah, almost, maybe almost universally across the board. 1000 00:51:58,360 --> 00:51:59,880 That might be a little too optimistic. 1001 00:52:00,200 --> 00:52:03,960 But then the question becomes if all these ETFs are approved, 1002 00:52:04,200 --> 00:52:06,480 there's there's less differentiation in getting an 1003 00:52:06,480 --> 00:52:08,480 ETF. So how do you drive demand? 1004 00:52:08,560 --> 00:52:10,840 I think that's the number one question that I saw on the 1005 00:52:10,840 --> 00:52:12,520 timeline yesterday. So I'm curious for your 1006 00:52:12,520 --> 00:52:14,440 thoughts, how's the team thinking about that? 1007 00:52:15,040 --> 00:52:20,320 I, I think the part that I'm really focused on, like while 1008 00:52:20,320 --> 00:52:23,120 the market is the way that market is, is how do you just 1009 00:52:24,360 --> 00:52:30,000 optimize and create the best foundation possible to basically 1010 00:52:30,000 --> 00:52:33,480 put you in a position to win? And so I got like a couple 1011 00:52:33,480 --> 00:52:36,240 different buckets that I'm kind of like thinking about, which is 1012 00:52:36,240 --> 00:52:39,120 like on one side from an exchange listing perspective, 1013 00:52:39,120 --> 00:52:41,640 yeah, there's going to be 10s of millions of coins pretty soon 1014 00:52:41,640 --> 00:52:42,920 here. You'll probably have 100 million 1015 00:52:42,920 --> 00:52:46,800 coins, but there's only going to be 100 or 70 that are listed on 1016 00:52:46,800 --> 00:52:48,520 all the meaningful exchanges, right. 1017 00:52:48,600 --> 00:52:51,480 And so, you know, when I mean that, I mean, like Robin Hood, 1018 00:52:51,480 --> 00:52:53,760 Coinbase, finance, the whole lot. 1019 00:52:54,080 --> 00:52:56,040 And so, OK, that's a degree of separation. 1020 00:52:56,040 --> 00:52:58,760 And then maybe, you know, on the institutional side, you can and 1021 00:52:58,760 --> 00:53:00,440 have a couple different ETF vehicles. 1022 00:53:00,440 --> 00:53:02,400 That's another piece of the foundation. 1023 00:53:02,800 --> 00:53:05,440 Eventually, once you have all of those different pieces, I think 1024 00:53:05,440 --> 00:53:08,120 the big thing that I'm trying to do is separate myself from the 1025 00:53:08,120 --> 00:53:10,760 millions of other tokens that are coming out and, and that 1026 00:53:10,760 --> 00:53:12,400 are, you know, constantly being created. 1027 00:53:12,400 --> 00:53:14,720 On. This and once you have that 1028 00:53:14,720 --> 00:53:17,040 foundation, then it's a matter of how do you compete for 1029 00:53:17,040 --> 00:53:19,040 attention. And that is the part that like 1030 00:53:19,040 --> 00:53:21,960 has never worried us, right? Like a lot of people have filed 1031 00:53:21,960 --> 00:53:23,400 for an ETF. But if you even just look at 1032 00:53:23,400 --> 00:53:26,280 like how we rolled out the ETF yesterday, like we have the 1033 00:53:26,280 --> 00:53:28,360 ability to get more noise in the next person. 1034 00:53:28,720 --> 00:53:33,600 And I think if you have the right foundation and, and the 1035 00:53:33,600 --> 00:53:36,120 right story, which I think we're on the precipice of having the 1036 00:53:36,120 --> 00:53:37,920 right foundation. And I think we've been telling 1037 00:53:37,920 --> 00:53:40,080 an amazing story for the last couple of years. 1038 00:53:40,760 --> 00:53:43,640 And you kind of pile that on with like huge moments and huge 1039 00:53:43,640 --> 00:53:46,080 marketing sprees. I think like the ability to 1040 00:53:46,080 --> 00:53:49,080 create demand is probably the least of our worries. 1041 00:53:49,080 --> 00:53:51,920 I think the the worry or the thing that we're focusing on now 1042 00:53:51,920 --> 00:53:54,520 is making sure that we have the necessary foundation so that 1043 00:53:54,520 --> 00:53:57,160 when we create that, that demand, we can capture that 1044 00:53:57,160 --> 00:53:58,760 demand, right? I think the difference between 1045 00:53:58,760 --> 00:54:01,240 US and everyone else is everyone, I think will have a 1046 00:54:01,240 --> 00:54:04,720 moment in which they can kind of garner and facilitate attention. 1047 00:54:04,960 --> 00:54:07,480 How much of that attention can you capture, I think is the 1048 00:54:07,480 --> 00:54:10,000 important part. So we're just really going 1049 00:54:10,000 --> 00:54:13,440 steadfast and just understanding like, look, the market's choppy. 1050 00:54:13,440 --> 00:54:15,480 We won't really have that much clarity, I think. 1051 00:54:16,040 --> 00:54:18,680 And I think things won't get that bullish until maybe towards 1052 00:54:18,680 --> 00:54:20,960 the later end of the year. How do we put ourselves in a 1053 00:54:20,960 --> 00:54:24,080 position so that, you know, when risk is on, right? 1054 00:54:24,080 --> 00:54:28,640 We are in places nobody else is in and we can capture those 1055 00:54:28,640 --> 00:54:31,000 inflows, right? And, and, and I think that's the 1056 00:54:31,000 --> 00:54:33,800 game that we're playing and I think it's going to work out 1057 00:54:33,800 --> 00:54:36,840 really well for us, you know, as the market turns around. 1058 00:54:37,480 --> 00:54:38,880 I would agree. I think you you. 1059 00:54:38,880 --> 00:54:41,200 Would teach. Them the ability to capture 1060 00:54:41,200 --> 00:54:44,720 attention in an ongoing fashion as good as anyone over the last 1061 00:54:44,720 --> 00:54:47,000 few years. So my hat's off to you there. 1062 00:54:47,120 --> 00:54:50,600 We've we've shared praise on this show for kind of words. 1063 00:54:50,600 --> 00:54:52,120 I shared some positive thoughts yesterday. 1064 00:54:52,520 --> 00:54:55,000 There's been a lot of critics on the timeline as well. 1065 00:54:55,200 --> 00:54:58,040 So I wanted to. There's folks in my timeline who 1066 00:54:58,040 --> 00:54:59,560 said it was the dumbest thing they've ever seen. 1067 00:55:02,440 --> 00:55:05,000 I wouldn't give you a chance to respond to the critics out 1068 00:55:05,000 --> 00:55:06,560 there. Like everything, you know, 1069 00:55:06,840 --> 00:55:08,800 everything, every time we've done something, there was 1070 00:55:08,800 --> 00:55:11,040 something, it was the dumbest thing that somebody ever saw. 1071 00:55:11,040 --> 00:55:13,840 When we put plushies in Walmart, we were a little kids brand. 1072 00:55:13,840 --> 00:55:16,040 When we did a blockchain, we didn't know how to build 1073 00:55:16,040 --> 00:55:17,760 blockchain. Why are we doing that, right? 1074 00:55:17,760 --> 00:55:20,120 Like everything we do is is met with some skepticism. 1075 00:55:20,120 --> 00:55:22,280 And ultimately, if you don't have skepticism or you don't 1076 00:55:22,280 --> 00:55:24,080 have haters, you're probably doing something wrong. 1077 00:55:24,360 --> 00:55:26,440 Ultimately, like what the plan is the plan, right? 1078 00:55:26,440 --> 00:55:29,240 Like when I tell you that, you know, the intent for us is to 1079 00:55:29,240 --> 00:55:33,080 capture demand and to capture inflows and to separate 1080 00:55:33,080 --> 00:55:35,440 ourselves from the 10s of millions of tokens that are out 1081 00:55:35,440 --> 00:55:37,400 there. I mean, like, how could you 1082 00:55:37,400 --> 00:55:39,160 refute that? How could you say that's silly? 1083 00:55:39,640 --> 00:55:41,600 That's obvious. And ultimately, at the end of 1084 00:55:41,600 --> 00:55:44,560 the day, like nobody's barking at a DOGE ETF. 1085 00:55:44,560 --> 00:55:46,560 Nobody really barked at a bonk ETF. 1086 00:55:46,760 --> 00:55:48,240 But pudgy Penguins is in Walmart. 1087 00:55:48,240 --> 00:55:50,280 Pudgy Penguins one day will be on the big screen. 1088 00:55:50,280 --> 00:55:53,560 Pudgy Penguins one day will be, you know, in games on your phone 1089 00:55:53,560 --> 00:55:56,040 and on your desktop. And and we're just not going to 1090 00:55:56,040 --> 00:55:58,640 stop winning, right? And, and whether it feels like 1091 00:55:58,640 --> 00:56:01,560 we're winning in the, in this moment in time or not, doesn't 1092 00:56:01,560 --> 00:56:04,240 really like ultimately we've been on this rodeo enough where 1093 00:56:04,240 --> 00:56:06,920 it's like, look like we have a formula. 1094 00:56:07,200 --> 00:56:09,520 We know how to manufacture success. 1095 00:56:09,800 --> 00:56:13,560 And this is the obvious logical conclusion in terms of things 1096 00:56:13,560 --> 00:56:16,600 that people should be doing. And if you're not supporting 1097 00:56:16,600 --> 00:56:18,880 what I think is crypto's underdog and one of the most 1098 00:56:18,880 --> 00:56:21,120 beautiful stories that I think has come out of the industry in 1099 00:56:21,120 --> 00:56:23,920 the last 5-10 years, then that's your prerogative. 1100 00:56:23,920 --> 00:56:27,080 But ultimately, like we're going to continue driving success. 1101 00:56:27,320 --> 00:56:30,480 And I think laying the foundation and allowing people, 1102 00:56:30,680 --> 00:56:33,240 you know, if and when you can really breakthrough into that 1103 00:56:33,240 --> 00:56:36,040 peak mania and craze to participate, that is the best 1104 00:56:36,040 --> 00:56:37,320 thing that I can do for our holder base. 1105 00:56:37,320 --> 00:56:39,200 And that's the best thing that I can do for our community. 1106 00:56:39,520 --> 00:56:42,080 And, and how you can spin that any other way, I think is just 1107 00:56:42,080 --> 00:56:46,040 silly because if there's a DOGE ETF, there's no way you can't 1108 00:56:46,040 --> 00:56:47,880 believe there's not going to be a Pangu ETF. 1109 00:56:48,960 --> 00:56:53,800 Pangu is so much more relatable and credible and understandable. 1110 00:56:53,800 --> 00:56:57,840 I think the net new user today outside of maybe the history of 1111 00:56:57,840 --> 00:57:01,400 DOGE and obviously it's longevity and it's success than 1112 00:57:01,400 --> 00:57:04,280 I think anything else out there. So to me this is kind of obvious 1113 00:57:04,280 --> 00:57:06,440 and if you think it's silly, you probably think a lot of other 1114 00:57:06,440 --> 00:57:08,720 things are silly. So I'll leave that up to leave 1115 00:57:08,720 --> 00:57:10,880 that up to them. I mean, they did say a podcast 1116 00:57:10,880 --> 00:57:14,160 network on Twitter Spaces was stupid and we made it to the 1117 00:57:14,160 --> 00:57:16,160 White House. So at the end of the day, you 1118 00:57:16,160 --> 00:57:18,640 know what I mean? It's just, you know, usually 1119 00:57:18,640 --> 00:57:21,120 when the masses call something stupid, especially on cryptos, 1120 00:57:21,120 --> 00:57:24,040 whatever, you kind of want to take the other side of that and 1121 00:57:24,040 --> 00:57:26,760 and bet on that. I'm, I'm, I'm starting to index 1122 00:57:26,760 --> 00:57:30,960 more like a real, a real like #1 folks, I'm going to pull it off. 1123 00:57:30,960 --> 00:57:34,480 It's a little bit more, there's a little more magic and I think 1124 00:57:34,480 --> 00:57:37,960 things that I think people have yet to figure out, but like I'm 1125 00:57:37,960 --> 00:57:40,960 going after the XRP army, right? Like I'm almost I'm almost 1126 00:57:40,960 --> 00:57:43,160 graduated from this mindset of like catering. 1127 00:57:43,920 --> 00:57:47,000 I've kind of seen. Like dude that XRP army is crazy 1128 00:57:47,000 --> 00:57:50,720 bro we got to be more like them. Like that's a nerve I know I can 1129 00:57:50,720 --> 00:57:54,320 tap into. I'm, I'm, I like, I've seen the 1130 00:57:54,320 --> 00:57:57,360 best and worst parts of CT and, you know, ultimately, like it's, 1131 00:57:57,360 --> 00:57:59,040 they're going to continue doing what they're doing. 1132 00:57:59,360 --> 00:58:02,200 Like there's a whole world out there of people, millions of 1133 00:58:02,200 --> 00:58:05,760 people that are in crypto that are championing narratives, that 1134 00:58:05,760 --> 00:58:08,720 are championing, you know, tokens that are seeing huge 1135 00:58:08,720 --> 00:58:11,600 success that literally nobody knows what CT is. 1136 00:58:11,880 --> 00:58:14,560 And I think Pudgy Penguins is ripe for that group. 1137 00:58:15,560 --> 00:58:18,800 So, you know, over the course of time, I'm, I'm very confident 1138 00:58:18,800 --> 00:58:21,680 that we're going to infiltrate this net normie audience. 1139 00:58:21,680 --> 00:58:23,520 I like that. Very few people have. 1140 00:58:24,040 --> 00:58:25,240 Yeah, I mean, you already are Love it. 1141 00:58:25,240 --> 00:58:28,080 I I recently gifted. So you got another care package 1142 00:58:28,080 --> 00:58:30,720 from you guys. And I, I recently gifted like 1143 00:58:30,720 --> 00:58:33,840 all the little toys, like like the, my neighbor's daughter and 1144 00:58:33,840 --> 00:58:35,720 all that stuff. And they were just like running 1145 00:58:35,720 --> 00:58:37,560 around like screaming. So they came up to me. 1146 00:58:37,560 --> 00:58:39,240 She's like, thank you so much, give me a huge hug. 1147 00:58:39,240 --> 00:58:41,920 And like like little things like that and all the way to like the 1148 00:58:41,920 --> 00:58:44,160 ZTS and the blockchain and streamers that you just appeal 1149 00:58:44,160 --> 00:58:46,880 to like top down to like all ages in a way at this stage, 1150 00:58:47,400 --> 00:58:49,560 especially with the addition of abstract now and everything 1151 00:58:49,560 --> 00:58:50,600 that's going on. And then, you know, 1152 00:58:50,600 --> 00:58:53,360 institutional and there's an older crowd now with the ETFs 1153 00:58:53,920 --> 00:58:56,400 given that they get approved. So that would be really cool. 1154 00:58:56,400 --> 00:58:59,240 So anyways, look at it. Congratulations, love to see 1155 00:58:59,240 --> 00:59:00,840 that. Thank you for coming today. 1156 00:59:00,880 --> 00:59:02,560 That was great. And we'll be rooting for you, 1157 00:59:02,720 --> 00:59:04,320 that's for sure. So can't wait to see what you're 1158 00:59:04,320 --> 00:59:06,880 doing next. Appreciate you and I'll see you 1159 00:59:06,880 --> 00:59:09,200 in myriad markets. Hell yeah baby. 1160 00:59:09,200 --> 00:59:10,680 Much love. Peace out, Luca. 1161 00:59:11,040 --> 00:59:11,360 Bye, guys.