1 00:00:00,120 --> 00:00:02,400 Oh yo, what up, what up? Good morning. 2 00:00:02,400 --> 00:00:11,440 Good morning GMG Fuck one second Thursday. 3 00:00:11,440 --> 00:00:15,880 Oh baby, Thursday. Whoa, what is up with my voice? 4 00:00:15,880 --> 00:00:19,320 Jesus, I screamed yap too much the haves game the other day. 5 00:00:19,320 --> 00:00:23,720 Dude. January 23rd, 2024. 6 00:00:23,720 --> 00:00:25,000 Look at this. It's not a beautiful day to have 7 00:00:25,000 --> 00:00:26,320 a beautiful day. I've been running through the 8 00:00:26,320 --> 00:00:28,480 intro. I got my coats and I was Tyler 9 00:00:28,480 --> 00:00:30,680 Mando. It's 10 in the morning. 10 00:00:32,280 --> 00:00:35,560 We're waiting for something. How you guys doing today? 11 00:00:35,560 --> 00:00:40,360 What's going on? Doing good, man. 12 00:00:42,520 --> 00:00:45,520 She appears to have tweeted a picture of her and Snoop Dogg. 13 00:00:46,440 --> 00:00:49,960 Shut up this year. That's not funny. 14 00:00:51,040 --> 00:00:55,880 OK, Tyler's long. Some of us have Max long 15 00:00:55,880 --> 00:00:59,880 positions open and if they're jamming the refresh button on 16 00:00:59,880 --> 00:01:05,200 Cynthia Loomis's X page. So the son just retweeted her 17 00:01:05,200 --> 00:01:08,560 and said big things. She has not. 18 00:01:09,000 --> 00:01:10,200 She has not said anything else. Yeah. 19 00:01:10,200 --> 00:01:12,960 So this sit in my morning for a little bit of a curve. 20 00:01:12,960 --> 00:01:16,960 We woke up to some people getting massively rich on the 21 00:01:16,960 --> 00:01:20,560 vine token. We have everyone else's bags 22 00:01:21,000 --> 00:01:26,800 down 20% and now we have reversed, so it is volatile. 23 00:01:27,440 --> 00:01:29,720 Interesting. Yeah. 24 00:01:30,760 --> 00:01:33,040 So she said 10:00 AM and then they think she's posted a photo 25 00:01:33,040 --> 00:01:35,200 of her in a Snoop dog. She didn't post her in a Snoop 26 00:01:35,200 --> 00:01:36,920 Dogg. She did dude. 27 00:01:37,280 --> 00:01:39,560 No, you're in the wrong account. She's tweeting from a senator 28 00:01:39,560 --> 00:01:42,680 account, not the personal one. Oh, OK. 29 00:01:43,120 --> 00:01:44,160 Yeah, yeah, yeah, yeah, yeah. OK. 30 00:01:44,160 --> 00:01:45,880 That's why I told him to. OK, You're on the same thing 31 00:01:45,880 --> 00:01:47,880 that. Radium influencers trying to 32 00:01:47,880 --> 00:01:50,560 flood us out of our. Yeah, radium influencers trying 33 00:01:50,560 --> 00:01:52,480 to flood the the Bitcoin moon boys. 34 00:01:52,800 --> 00:01:55,880 Come on, I'm. Boy, come on, all geographies. 35 00:01:55,920 --> 00:01:57,680 Radiums having nice little bounce. 36 00:01:57,880 --> 00:01:58,640 I know. I love it. 37 00:01:58,680 --> 00:01:59,800 I love it. Yeah. 38 00:02:00,080 --> 00:02:02,600 Let's. Was talking about how Numis's 39 00:02:02,600 --> 00:02:05,640 tweets are going to impact the radium price. 40 00:02:06,760 --> 00:02:09,080 Let's do it. Feels like that's that's the 41 00:02:09,080 --> 00:02:10,240 chart that everyone wants to see, right? 42 00:02:10,840 --> 00:02:11,800 I know right? Look at this. 43 00:02:11,800 --> 00:02:14,960 So what is what is about to happen like do you guys have any 44 00:02:14,960 --> 00:02:20,760 like any any any ideas? I mean is this strategic reserve 45 00:02:20,760 --> 00:02:22,200 related or not? I mean, last time she did a 46 00:02:22,200 --> 00:02:25,000 tweet like that. I mean, she's been the one who's 47 00:02:25,000 --> 00:02:27,320 been like the main proponent for this, right? 48 00:02:27,480 --> 00:02:30,640 So I imagine she might put the bill, she might propose the 49 00:02:30,640 --> 00:02:32,520 bill, and we'll see what happens. 50 00:02:33,640 --> 00:02:36,840 That could be like a first step towards towards. 51 00:02:37,560 --> 00:02:42,240 Then we'd go to a vote, I think, which again, largely is how I 52 00:02:42,240 --> 00:02:44,080 thought this might play out. I don't know if that's 53 00:02:44,080 --> 00:02:48,240 necessarily bullish because I don't think that would be voted 54 00:02:48,240 --> 00:02:52,800 in by the House. My guess is it won't be. 55 00:02:53,720 --> 00:02:56,320 So then it would be, is Trump going to do an executive order 56 00:02:56,320 --> 00:02:59,880 on it? OK, OK. 57 00:03:00,000 --> 00:03:03,200 I mean interesting turn of events here this morning. 58 00:03:07,120 --> 00:03:09,080 What's up? I just don't think this is like 59 00:03:09,320 --> 00:03:11,000 like unbelief. I don't think this is going to 60 00:03:11,000 --> 00:03:14,000 be an executive order. I don't maybe not executive 61 00:03:14,000 --> 00:03:16,840 order, but something, dude, because Bitcoin's just got 62 00:03:16,840 --> 00:03:18,480 candling on the back of this tweet. 63 00:03:18,480 --> 00:03:21,520 So I don't know. I know Tyler. 64 00:03:21,520 --> 00:03:24,320 Tyler's shaking Tyler. He saw the tweet. 65 00:03:24,320 --> 00:03:25,800 He has a notification on her times. 66 00:03:26,200 --> 00:03:29,600 When she's in like so she is from Wyoming. 67 00:03:29,920 --> 00:03:35,360 I know, but he's wrestling. Oh, but wait. 68 00:03:37,000 --> 00:03:38,160 She said 10. AMG. 69 00:03:38,840 --> 00:03:40,520 Time zone. It's EST dude. 70 00:03:40,880 --> 00:03:45,600 It's the it's tweet. Loomis, where's the tweet? 71 00:03:46,080 --> 00:03:49,080 Well, no, it's, it may be Mt dude, because because Jennings 72 00:03:49,080 --> 00:03:52,280 just said on CNBC Trump address Trump is addressing the crowd at 73 00:03:52,280 --> 00:03:55,000 11:00 AM ET. That's for sure. 74 00:03:56,040 --> 00:04:01,280 So I, I don't understand a tweet like this with no time zone. 75 00:04:01,840 --> 00:04:06,560 That kind of pissed me off. I'm not going to lie in Wyoming, 76 00:04:09,800 --> 00:04:11,240 Yeah. So it's, it's it's five. 77 00:04:11,240 --> 00:04:13,480 It's 5 minutes in. So we have to wait, boys. 78 00:04:13,480 --> 00:04:17,079 There's nothing right now. No notifications, nothing more. 79 00:04:18,200 --> 00:04:21,680 Breath for a full hour here. Yeah, yeah, you're going to be 80 00:04:21,680 --> 00:04:25,400 sweating for 55 minutes, Tyler, because nothing. 81 00:04:26,880 --> 00:04:29,000 Nothing here. Nope. 82 00:04:29,800 --> 00:04:31,840 So Justin's son tweet retweeted it. 83 00:04:32,400 --> 00:04:35,000 What did he say? I don't know I maybe someone, 84 00:04:35,480 --> 00:04:37,480 maybe she bought truth terminals fart coin. 85 00:04:37,520 --> 00:04:42,000 We don't know to be confirmed. I can't see Justin Sun's tweet. 86 00:04:42,080 --> 00:04:48,560 He he has me blocked so or maybe I can because now you can right? 87 00:04:51,360 --> 00:04:54,240 What do you say that has me blocked? 88 00:04:54,240 --> 00:04:55,640 Dude, you. Just said big things coming 89 00:04:55,640 --> 00:04:58,120 just. Farming. 90 00:04:58,120 --> 00:04:59,320 I'm gonna do the same thing. You know what? 91 00:05:01,600 --> 00:05:04,160 There you go. And then later you can tweet out 92 00:05:04,800 --> 00:05:14,920 Senator Loomis NFTS. Yo-yo Loomis NFTS, and that's a 93 00:05:14,920 --> 00:05:16,640 good one. That's a big one. 94 00:05:17,400 --> 00:05:20,120 So he speak looks like he knows something too. 95 00:05:20,120 --> 00:05:26,400 Dude, I don't know he's keeps. I don't know this and at least 96 00:05:26,520 --> 00:05:29,720 at what's for sure Tyler is if you're long, sailors are 97 00:05:29,720 --> 00:05:31,880 probably going to for next 54 minutes. 98 00:05:31,880 --> 00:05:35,840 People are probably going to be a little, you know, on tilt 99 00:05:35,840 --> 00:05:38,440 here, be a little on tilt anyways. 100 00:05:39,240 --> 00:05:41,000 So I guess we'll see. So I guess it's not 10:00 AM 101 00:05:41,000 --> 00:05:42,520 Eastern Standard Time. RIP. 102 00:05:43,560 --> 00:05:47,520 It is 11 EI mean it's the only time zone that matters in the 103 00:05:47,520 --> 00:05:52,360 entire world is New York time. So we wait. 104 00:05:52,400 --> 00:05:56,160 All right, well, today, the show today, I thought we'd wake up. 105 00:05:56,360 --> 00:05:58,280 I thought we start the show with Donald Trump speaking. 106 00:05:58,280 --> 00:06:01,440 I'll be feeding the feeding the sound to you guys and everything 107 00:06:01,440 --> 00:06:04,200 and everything and everything. But no, no, no, no, no, no, no. 108 00:06:04,200 --> 00:06:06,280 It looks like it looks like we'll wait. 109 00:06:06,600 --> 00:06:08,960 We'll stop the show if there's a breaking news here, but it looks 110 00:06:08,960 --> 00:06:10,280 like it's going to be at 11:00 AM. 111 00:06:10,280 --> 00:06:12,840 So let me see if I have something after that. 112 00:06:12,840 --> 00:06:16,000 Maybe not. Maybe we'll just roll over after 113 00:06:16,000 --> 00:06:19,760 we'll see so we'll talk macros market updates yada yada yada 114 00:06:19,760 --> 00:06:23,680 we'll talk Tyler's top 1000 Tyler's gonna store for us yeah 115 00:06:23,720 --> 00:06:26,360 see it looks like the people wanted to know time zone and 116 00:06:26,760 --> 00:06:30,440 this is volatile market Tyler you you you like the gamble dude 117 00:06:30,440 --> 00:06:32,440 I I can never be leveraged here Oh it just. 118 00:06:33,440 --> 00:06:35,600 Wow, it just totally sold off. Did she tweet? 119 00:06:36,240 --> 00:06:39,800 No, she hasn't tweeted because she's she's off by an hour. 120 00:06:40,560 --> 00:06:43,840 That's why. That's why it's Eastern for 121 00:06:43,840 --> 00:06:46,080 sure. I think she means. 122 00:06:48,200 --> 00:06:52,240 I think she means Donald Trump. Just went all the way back to 123 00:06:52,240 --> 00:06:54,080 one O 3. Yeah, it sold. 124 00:06:54,080 --> 00:06:57,720 It sold out that entire candle. See, it was what a let's talk 125 00:06:57,720 --> 00:07:00,280 about this after what a funny market real quick this. 126 00:07:00,880 --> 00:07:03,440 Is breaking. Eleanor Terra is saying the 127 00:07:03,440 --> 00:07:07,720 Senate Banking Committee is set to vote at 10:00 AM on Senator 128 00:07:07,720 --> 00:07:10,320 Loomis becoming chair of the Digital Assets Subcommittee. 129 00:07:10,600 --> 00:07:12,400 Unclear if anything else will be announced. 130 00:07:12,480 --> 00:07:17,080 I mean, I if, if that's that, that can't be the news that 131 00:07:17,080 --> 00:07:19,160 she's going to be the digital. Asset I mean, if you quote 132 00:07:19,160 --> 00:07:21,640 tweeted her, I don't Tara, she's pretty. 133 00:07:23,120 --> 00:07:25,440 I don't feel like that's the news if Justin's son is tweeting 134 00:07:25,440 --> 00:07:27,640 it out as well. Yeah, OK Mark, pregnant. 135 00:07:28,240 --> 00:07:31,040 Someone panic dumped on that. We're back to one O 4. 136 00:07:32,240 --> 00:07:36,520 You know Tyler, yo Mando, you know Tyler is like Max Lev 137 00:07:36,600 --> 00:07:41,400 because this guy looks at like the he's on the second Bitcoin. 138 00:07:41,440 --> 00:07:42,760 It's not. That meme. 139 00:07:45,560 --> 00:07:49,320 You know he's Max long dude, let's back down again. 140 00:07:50,400 --> 00:07:52,720 He's the other day. Tyler is so I love. 141 00:07:52,720 --> 00:07:54,800 I love this Tyler like I'm a huge fan. 142 00:07:55,280 --> 00:07:58,120 It's like super funny because I do the same thing, but like the 143 00:07:58,120 --> 00:08:00,280 other day Mendo tell us like yo, Bitcoin's new game. 144 00:08:01,280 --> 00:08:03,680 I'm like fuck let me check the price like one O 3.4. 145 00:08:04,200 --> 00:08:09,120 Yeah, 1K is 1% now it's less than 1%. 146 00:08:09,480 --> 00:08:12,160 Crazy to think about, huh? 1K is one point. 147 00:08:13,120 --> 00:08:21,760 So 1K move is kind of nothing. Look at Tyler's. 148 00:08:23,320 --> 00:08:25,960 I got to just. One the one second chart here on 149 00:08:30,080 --> 00:08:31,600 it's it's going to be a long hour. 150 00:08:32,039 --> 00:08:35,039 You guys got to come on video man, for everybody on Spaces, 151 00:08:35,039 --> 00:08:38,120 one video on YouTube and on X every single day, 7, five days a 152 00:08:38,120 --> 00:08:40,200 week, man. You guys got to come see Tyler 153 00:08:40,200 --> 00:08:43,760 Sweat live on video. Oh it's complete sold off this 154 00:08:43,760 --> 00:08:46,720 the Loomis tweet. Oh my goodness, Oh my. 155 00:08:48,400 --> 00:08:53,280 Oh oh. Everything. 156 00:08:53,920 --> 00:08:55,840 This is my favorite art. Tyler art. 157 00:08:55,840 --> 00:08:57,840 It's like these gamble fucking. I refuse. 158 00:08:58,520 --> 00:09:01,680 To believe that her announcement is about her becoming the chair 159 00:09:01,680 --> 00:09:03,280 of the visualist. Let's see if that is it. 160 00:09:03,280 --> 00:09:06,280 That is such a let down brother. I will never believe her tweet 161 00:09:06,320 --> 00:09:08,600 again. She used the Bitcoin thing. 162 00:09:08,880 --> 00:09:10,800 She's the B. Yeah, it can be. 163 00:09:10,840 --> 00:09:12,880 I actually, I don't think it's that person's speaking. 164 00:09:12,880 --> 00:09:15,200 I don't think it is. But I also, I don't know if 165 00:09:15,200 --> 00:09:17,200 there's going to be like a strategic reserve executive 166 00:09:17,200 --> 00:09:19,480 order today. Maybe. 167 00:09:19,560 --> 00:09:21,880 It's maybe one minute ago this was selling out. 168 00:09:22,240 --> 00:09:25,080 Senate to vote at 10:00 AM on Senator Loomis becoming chair of 169 00:09:25,080 --> 00:09:29,800 digital assets. This series is no chance, bro. 170 00:09:29,800 --> 00:09:33,920 There's no chance, right? That's that was the news that 171 00:09:33,920 --> 00:09:36,480 came from. That he's picking up the Eleanor 172 00:09:37,040 --> 00:09:42,240 tweet, right? Now we've got Kook, Kook saying 173 00:09:42,240 --> 00:09:45,080 the the US Bitcoin Reserve was confirmed and he would have been 174 00:09:45,080 --> 00:09:49,040 the first one with Paul Kook would have been the first one. 175 00:09:50,400 --> 00:09:52,800 Wait, did Kook just confirm a Bitcoin strategic reserve? 176 00:09:52,800 --> 00:09:54,520 Everyone. Oh my goodness. 177 00:09:55,400 --> 00:09:58,720 Is Kook Capital LLC in the room with us right now? 178 00:09:59,200 --> 00:10:04,080 Did he just did he just confirm that there is a strategic 179 00:10:04,080 --> 00:10:06,200 reserve on the way? Is that what's going on? 180 00:10:06,480 --> 00:10:08,280 Hey, folks, I know there's a lot of people down there. 181 00:10:08,280 --> 00:10:10,440 Damn, we even have the Krasensteins in the house on 182 00:10:10,440 --> 00:10:11,400 spaces. Look at that. 183 00:10:12,840 --> 00:10:15,840 You know, it looks like the news that the 10:00 PM Eastern 184 00:10:15,840 --> 00:10:19,960 standard 11 is what the hell am I talking about? 185 00:10:19,960 --> 00:10:25,400 11:00 AM Eastern Standard Time is when this the news is going 186 00:10:25,400 --> 00:10:31,880 to to to come big things coming BTC. 187 00:10:32,000 --> 00:10:35,320 We're going full on. We're going full on. 188 00:10:35,320 --> 00:10:39,000 You know, I haven't used this this this sound bit in a while. 189 00:10:39,000 --> 00:10:47,720 Hold on. What's going on at 11:00 AM 190 00:10:47,720 --> 00:10:49,360 Eastern Standard Time? I mean, what do you, what do you 191 00:10:49,440 --> 00:10:50,440 think? Let's make some calls. 192 00:10:50,440 --> 00:10:53,120 We have 50 minutes until then and then let's go on to the 193 00:10:53,120 --> 00:10:54,960 market report. Definitely more than her 194 00:10:54,960 --> 00:10:59,160 becoming part of the sound. There's there's no way you tweet 195 00:10:59,160 --> 00:11:01,880 out that. It'd be bad looks, honestly, if 196 00:11:01,880 --> 00:11:04,040 it's just for that, like if she hypes herself up over a tweet. 197 00:11:04,040 --> 00:11:07,400 Tyler, I think you're safe, but nobody's going. 198 00:11:07,400 --> 00:11:10,040 To ever take or twist seriously. I was already liquidated so. 199 00:11:13,640 --> 00:11:17,560 Where do you go 10X10X at one O 3? 200 00:11:17,560 --> 00:11:22,120 What's your entry One O 3/5? 15X we need to protect 97 K Oh. 201 00:11:22,520 --> 00:11:26,800 You're fine, I. Mean no, you're fine 97 he's 202 00:11:26,800 --> 00:11:29,040 fine, right I mean I just put a big prediction on Myriad that 203 00:11:29,040 --> 00:11:31,680 we're going to be 100K tomorrow so like over 100K tomorrow 204 00:11:31,680 --> 00:11:33,920 because you guys are giving me some easy lines here so. 205 00:11:35,400 --> 00:11:37,800 Well, the thing of The thing is, if it isn't that it will, you 206 00:11:37,800 --> 00:11:40,560 know it'll dump. Yeah, but till 97. 207 00:11:41,960 --> 00:11:43,320 Stop it. Did you make him sweat it? 208 00:11:43,520 --> 00:11:45,560 You don't like it? You don't seem crazy arc these 209 00:11:45,560 --> 00:11:47,120 days. I saw your tweet back to Waze 210 00:11:47,120 --> 00:11:48,360 the other day. That was. 211 00:11:48,440 --> 00:11:52,720 That was their dirty work. It was after everyone started, 212 00:11:53,360 --> 00:11:55,240 but you know, he doesn't need this right now. 213 00:11:55,680 --> 00:11:59,200 No, it's delete that right that you're going to like ratio him. 214 00:11:59,720 --> 00:12:07,520 Let's see it can't be. I love how cool is the CNBC 215 00:12:07,520 --> 00:12:10,080 quoting Cook. I love this. 216 00:12:10,080 --> 00:12:13,560 Coinbase traders just tweeted Google researches for what time 217 00:12:13,560 --> 00:12:15,360 is it in Wyoming is going parabolic. 218 00:12:18,640 --> 00:12:22,520 Everybody, everybody just Oh my God, just found out about 219 00:12:22,520 --> 00:12:27,400 Wyoming today. I thought Wyoming was not a real 220 00:12:27,400 --> 00:12:30,240 place on this until this morning, you know? 221 00:12:30,840 --> 00:12:35,440 At his his ranch. Dude, Wyoming. 222 00:12:35,440 --> 00:12:38,440 Dude, this is so funny, man. I gotta post a broadcast link 223 00:12:38,440 --> 00:12:41,240 one second, but but let me post this link. 224 00:12:43,600 --> 00:12:46,000 There you go. There you go. 225 00:12:46,000 --> 00:12:46,760 There you go. There you go. 226 00:12:46,760 --> 00:12:49,800 There you go. All right, let me let me share 227 00:12:49,800 --> 00:12:50,920 this slate. All right, you know what, let's 228 00:12:50,920 --> 00:12:54,520 go into markets and oh, as usual, by the way, I forgot to 229 00:12:54,520 --> 00:12:56,800 the things the market report. Tell us top 100. 230 00:12:56,960 --> 00:12:58,600 Let's talk about what we think is happening. 231 00:12:59,080 --> 00:13:00,240 Hold on. You know what, let's wait. 232 00:13:00,240 --> 00:13:02,240 I got Ed Krasenstein requesting to speak here. 233 00:13:02,240 --> 00:13:03,760 Let me get him up. Like let's get some of his 234 00:13:03,760 --> 00:13:05,560 following. Let's get some of his followers 235 00:13:05,560 --> 00:13:07,920 on our spaces. So let's hold on one SEC. 236 00:13:08,840 --> 00:13:12,360 What up, Ed? Hey, good morning. 237 00:13:12,360 --> 00:13:13,840 How's it going? Dude, long time. 238 00:13:15,080 --> 00:13:17,720 Yeah, it's been a while, like I guess back in the clubhouse 239 00:13:17,720 --> 00:13:18,720 days, right? Hell yeah. 240 00:13:18,760 --> 00:13:22,840 You're like big time, you know, political tweet tweeter here. 241 00:13:23,280 --> 00:13:26,320 I love that. Yeah, I, I mean, I was before 242 00:13:26,320 --> 00:13:29,840 Clubhouse too, but I was banned from Twitter and then Elon let 243 00:13:29,840 --> 00:13:32,080 me back. So I'm back at it, I guess you 244 00:13:32,080 --> 00:13:34,000 could say. Damn, what do you, what do you 245 00:13:34,000 --> 00:13:36,800 make of all this stuff of all this, this crypto stuff with 246 00:13:36,800 --> 00:13:38,360 with Donald Drummond? What do you think is happening 247 00:13:38,360 --> 00:13:40,320 at 11:00 AM? I don't know. 248 00:13:40,320 --> 00:13:44,000 I mean, I, I guess it's going to be a, I'm assuming it's going to 249 00:13:44,000 --> 00:13:46,160 be a strategic reserve of some sort. 250 00:13:46,160 --> 00:13:48,600 I don't know. You know, he gives too many 251 00:13:48,600 --> 00:13:50,640 details. It might just be moving what the 252 00:13:51,000 --> 00:13:53,000 government already holds into a reserve. 253 00:13:53,400 --> 00:13:55,040 I'd like to see it be more than that. 254 00:13:55,040 --> 00:13:58,840 I think that's what Loomis is going to work on from the, from 255 00:13:58,840 --> 00:14:02,280 the lawmaker side of things. I I don't know if Trump can do 256 00:14:02,280 --> 00:14:04,120 much more with an executive order. 257 00:14:05,000 --> 00:14:06,520 Yeah, yeah. We'll see. 258 00:14:06,560 --> 00:14:11,240 I guess we'll see what we're well that resolves later, but 259 00:14:11,240 --> 00:14:14,360 you know we're we're we're we're on tilt here we're on tilt Tyler 260 00:14:14,360 --> 00:14:17,240 here. My Co host is is sweating in the 261 00:14:17,240 --> 00:14:19,240 studio. We can see him live. 262 00:14:19,240 --> 00:14:21,440 We're. Back to even. 263 00:14:22,640 --> 00:14:25,360 Yeah, we're back to even listen, we just got to defend 97K. 264 00:14:25,360 --> 00:14:28,120 If that's it, then we're good. You know, that's good. 265 00:14:28,640 --> 00:14:32,000 Then we're definitely good. You know, far coin signing off 266 00:14:32,000 --> 00:14:35,640 on the news that Cynthia Loomis is is not doing a strategic 267 00:14:35,640 --> 00:14:38,200 reserve for it. Not great, not great here. 268 00:14:38,680 --> 00:14:39,920 Uh, we'll see where that takes off yeah. 269 00:14:39,920 --> 00:14:42,480 Our memes are in shambles right now, boys, absolute shambles. 270 00:14:42,480 --> 00:14:44,560 I'm sure we'll, uh, we'll discuss that in the minute. 271 00:14:44,560 --> 00:14:47,880 So anyways, market report Tyler's top 100 shout out to our 272 00:14:47,880 --> 00:14:50,320 sponsors Fair Side Network. They're going to come at the end 273 00:14:50,320 --> 00:14:52,680 of the show as well to chat about something that they're 274 00:14:52,920 --> 00:14:55,120 they they've been, there's some of the stuff that they've been 275 00:14:55,120 --> 00:14:56,920 doing. You've heard about them, you 276 00:14:56,920 --> 00:14:59,200 know, insurance for crypto against crypto scams, etcetera. 277 00:14:59,200 --> 00:15:01,360 We love them, chat them for supporting the show. 278 00:15:01,360 --> 00:15:04,680 And of course, Galaxies, AKA the team, one of the teams that was 279 00:15:04,680 --> 00:15:08,480 behind the trump cards actually and Ordinals, etcetera, NBA, a 280 00:15:08,480 --> 00:15:10,240 bunch of other projects on there. 281 00:15:10,240 --> 00:15:11,880 And at the end of the show we'll do toolbox bands. 282 00:15:11,880 --> 00:15:13,320 So we have a lot of giveaways today on the show. 283 00:15:13,840 --> 00:15:16,840 You can win anything from a red guy to a crypto punk for sure. 284 00:15:17,560 --> 00:15:20,080 Well, the red guys for sure. The crypto punk not for sure. 285 00:15:20,080 --> 00:15:23,080 We'll see if you if you hit that today, if you're lucky enough at 286 00:15:23,080 --> 00:15:24,760 the end of the show. So make sure we're tweeting, 287 00:15:25,200 --> 00:15:26,760 make sure you share it. Make sure you're showing some 288 00:15:26,760 --> 00:15:41,680 love and Mando to you baby. Yeah, GM, everyone. 289 00:15:41,680 --> 00:15:43,520 So we're really just trading off the back of this. 290 00:15:43,520 --> 00:15:46,840 It had been a slightly weaker day for Bitcoin up until this 291 00:15:47,080 --> 00:15:48,440 this point. I think we're really just 292 00:15:48,440 --> 00:15:52,240 trading on this yeah, figure of the percentage chance that we're 293 00:15:52,240 --> 00:15:55,560 going to get a strategic Bitcoin reserve in the next 100 days and 294 00:15:55,560 --> 00:16:00,480 that's been heading lower gone from 60% now down to was it was 295 00:16:00,520 --> 00:16:02,280 around 30% before that tweet went out. 296 00:16:02,280 --> 00:16:04,880 I don't know where it is right now, but that's if you kind of 297 00:16:04,880 --> 00:16:06,560 want to know what's going on in the market, you just have to 298 00:16:06,560 --> 00:16:12,360 follow that figure right now. So and that, that, that dip 299 00:16:12,360 --> 00:16:16,200 lower actually took down quite a lot of the, let's say the, the 300 00:16:16,200 --> 00:16:18,760 more frothy left curve start parts of the market means are 301 00:16:18,760 --> 00:16:21,760 down a is down. I still think people may be 302 00:16:21,760 --> 00:16:24,520 underestimating like the Trump effect here, like how much, how 303 00:16:24,520 --> 00:16:27,680 much liquidity it's taken from that bit of the market. 304 00:16:28,320 --> 00:16:31,080 I was looking today actually at the Solana Memecoin market, 305 00:16:32,040 --> 00:16:35,920 Salon Memecoin market is worth 23 billion now. 306 00:16:35,920 --> 00:16:40,640 It was worth 22 billion in November, which kind of tells 307 00:16:40,640 --> 00:16:46,120 you everything, right? And it's just added 7 billion or 308 00:16:46,120 --> 00:16:50,160 8 billion of Trump to it. So basically we've just trade 309 00:16:50,160 --> 00:16:53,520 around in the salon of meme coins over the last three months 310 00:16:54,520 --> 00:16:57,240 and not really create any new value. 311 00:16:57,880 --> 00:17:00,920 But Trump has gone high. And that's that is inclusive of 312 00:17:00,920 --> 00:17:04,839 a bunch of the AI coins that are included in the AI16Z far coin, 313 00:17:06,160 --> 00:17:09,920 a few of the other. So I thought that was a wild, a 314 00:17:09,920 --> 00:17:12,200 wild stat memes kind of gone sideways and this Trump thing 315 00:17:12,200 --> 00:17:16,760 has come in and actually net, net is not really the trenches 316 00:17:16,760 --> 00:17:20,040 are not net making money right now, but the AI sector 317 00:17:20,040 --> 00:17:22,800 separately has made some money, but definitely not just for 318 00:17:22,800 --> 00:17:25,079 memes. So I still think that's why 319 00:17:25,079 --> 00:17:29,120 we've seen this kind of dip. Solana still feels good though, 320 00:17:29,520 --> 00:17:31,600 all the majors, Solana feels the best. 321 00:17:31,880 --> 00:17:35,840 You've seen a big increase in stable coins on Solana about 322 00:17:35,960 --> 00:17:37,880 they're up about 50% in the last four days. 323 00:17:37,880 --> 00:17:42,120 We're up to I think just shy of 10 billion stable coins down 324 00:17:42,120 --> 00:17:43,720 Seoul. Obviously those stable coins 325 00:17:43,720 --> 00:17:48,120 trade a lot more. Solana did 200 billion of decks 326 00:17:48,120 --> 00:17:49,520 volume. Crazy. 327 00:17:51,320 --> 00:17:55,880 That is just multiples of what it's done previously. 328 00:17:55,880 --> 00:17:57,480 So Solana still feels pretty strong. 329 00:17:57,560 --> 00:17:59,800 I still think it looks the strongest out of all the majors 330 00:18:01,600 --> 00:18:06,160 and but but the trenches, it's more like you're buying runners 331 00:18:06,360 --> 00:18:10,320 rather than existing things performing. 332 00:18:10,320 --> 00:18:13,800 It feels like it doesn't macro macro. 333 00:18:13,800 --> 00:18:15,160 Yesterday was a bit of a strange day. 334 00:18:15,160 --> 00:18:18,480 Like stocks will hit all time highs again, or at least ESP did 335 00:18:19,280 --> 00:18:22,760 mainly on the back of the reverberations around this $500 336 00:18:22,760 --> 00:18:28,960 billion investment from SoftBank into or alongside Open AI and 337 00:18:28,960 --> 00:18:32,920 then Elon basically getting into a fighting match with Sam Altman 338 00:18:33,200 --> 00:18:35,600 on the timeline about whether that amount of money is real. 339 00:18:35,920 --> 00:18:40,840 I used to trade SoftBank as a trader back in when I back in 340 00:18:40,840 --> 00:18:46,120 Tradfly and it's a huge company, but they are, they are high 341 00:18:46,120 --> 00:18:48,440 yield companies and like they are very, very level already. 342 00:18:48,840 --> 00:18:51,880 For them to get $500 billion, they've got to get it from 343 00:18:51,880 --> 00:18:54,720 someone else. So like they wouldn't be able to 344 00:18:54,720 --> 00:18:57,640 raise $500 billion from like debt markets to but they 345 00:18:57,640 --> 00:18:58,840 definitely don't have it in cash. 346 00:18:58,920 --> 00:19:01,760 They do own Alibaba. So then maybe they sell that or 347 00:19:01,760 --> 00:19:04,360 something like that. But I don't, I kind of agree 348 00:19:04,360 --> 00:19:06,000 with Elon here. Like it's not just like he 349 00:19:06,120 --> 00:19:09,920 doesn't just have $500 billion. He he doesn't even have like 100 350 00:19:09,920 --> 00:19:11,880 billion. So it's kind of it's it's kind 351 00:19:11,880 --> 00:19:13,920 of strange to be where that money's come, but a lot of 352 00:19:13,920 --> 00:19:17,480 people have like chimed, he may get financing from different 353 00:19:17,480 --> 00:19:19,920 places. And that's been like the number 354 00:19:19,920 --> 00:19:24,680 one debate over the last 24 hours, whether this is real and 355 00:19:24,680 --> 00:19:28,120 whether you had other like Larry Ellison said he'd invest like, I 356 00:19:28,160 --> 00:19:31,200 think just shy of 100 billion as well, like a bunch of 357 00:19:31,200 --> 00:19:36,000 billionaires basically fighting it out over over how many 358 00:19:36,000 --> 00:19:37,680 billions they're going to invest in AI. 359 00:19:38,920 --> 00:19:41,240 But I would, I would have, I would say there's a heavy dose 360 00:19:41,240 --> 00:19:44,760 of laughing potentially like they, they have, they did the 361 00:19:44,760 --> 00:19:47,880 vision fund, which was, was very, very big, but that hasn't 362 00:19:47,880 --> 00:19:50,800 exactly gone like that. They, they did a very investment 363 00:19:50,800 --> 00:19:56,040 on, but it's not been like it wasn't a huge, huge success. 364 00:19:56,280 --> 00:20:02,480 In fact, it's been very risky. And now let's see, like if they 365 00:20:02,480 --> 00:20:06,320 can get 500 billion, they may have to get financing from from 366 00:20:06,440 --> 00:20:08,120 one of the Gulf nations or something like that. 367 00:20:08,120 --> 00:20:09,800 I don't know where he's getting 500 billion from. 368 00:20:09,960 --> 00:20:13,160 Like, definitely not not not that obvious to me. 369 00:20:13,920 --> 00:20:16,600 But yeah, all the AI stocks went to all time high. 370 00:20:16,720 --> 00:20:19,560 Well, not all time highs, but a lot of them went higher and that 371 00:20:19,560 --> 00:20:23,320 drove stocks to all time highs. So big broad based bounce there. 372 00:20:23,320 --> 00:20:26,400 So we're in a pretty healthy market. 373 00:20:26,400 --> 00:20:29,240 It doesn't feel to me, even though the chances of Bitcoin 374 00:20:29,240 --> 00:20:33,040 going low, sorry of it being a strategic Bitcoin reserve is 375 00:20:33,040 --> 00:20:35,720 going low at the moment. I don't think it's going to like 376 00:20:36,720 --> 00:20:40,080 90K even if we we start to deflate here like it feels 377 00:20:40,320 --> 00:20:43,000 markets feel relatively good. We bounced up pretty well. 378 00:20:43,640 --> 00:20:47,520 We've thought the FOMC, but those inflation prints point to 379 00:20:47,520 --> 00:20:49,440 a slightly more benign picture here. 380 00:20:50,880 --> 00:20:53,320 Trump slightly delayed some of the tariffs. 381 00:20:53,760 --> 00:20:55,720 Maybe we heard about trade deals. 382 00:20:55,720 --> 00:20:59,120 There's been kind of murmurings from Davos at the moment from 383 00:20:59,240 --> 00:21:02,320 various people in Europe and China's saying, look, we're 384 00:21:02,320 --> 00:21:05,200 happy to talk about trade. So like, maybe he'll get these 385 00:21:05,200 --> 00:21:08,280 trade deals before he has to enact these these sort of 386 00:21:08,280 --> 00:21:11,360 tariffs, or maybe they just won't be as high and they'll be 387 00:21:11,360 --> 00:21:13,960 gradually rising and there'll be a deal done during that process. 388 00:21:13,960 --> 00:21:17,240 So maybe inflation, it's been slightly overblown, who knows? 389 00:21:17,240 --> 00:21:20,280 But macro feels decent. Oil's lower. 390 00:21:21,520 --> 00:21:24,160 There's a lot of talk about like, yeah, maybe even Ukraine 391 00:21:24,560 --> 00:21:27,000 heading towards some form of a peace deal here. 392 00:21:27,840 --> 00:21:31,200 And yeah, I'd be surprised. I mean, we really have to go 393 00:21:31,200 --> 00:21:34,200 wrong right now for for Bitcoin to to kind of really dump. 394 00:21:34,640 --> 00:21:36,280 So I think you're OK in your liquidation there? 395 00:21:40,120 --> 00:21:44,000 I have to say though, guys like that would be, I got to show you 396 00:21:44,000 --> 00:21:46,440 guys this tweet from Mike Dudas. It's I'm dying laughing. 397 00:21:47,000 --> 00:21:49,640 Like, dude, I just quote to me the other Tara and said, Senator 398 00:21:49,640 --> 00:21:51,760 Loomis, good news. I saved a ton of money on my car 399 00:21:51,760 --> 00:21:57,960 insurance by switching to GEICO. Everybody's just like every. 400 00:21:58,120 --> 00:22:01,080 I think Tyler's going to have the longest 37 minutes of his 401 00:22:01,080 --> 00:22:04,560 life right now. Loomis and Trump are just God 402 00:22:04,560 --> 00:22:06,800 tear kols and and our fight is crazy. 403 00:22:08,360 --> 00:22:15,320 Bro it's it's, it's, oh, it's going back up. 404 00:22:17,160 --> 00:22:19,360 It's going back up I. Think. 405 00:22:20,440 --> 00:22:23,280 That's the announcement. Well, hold on, It's it's kind of 406 00:22:23,280 --> 00:22:24,760 bought back up. So maybe there was another big 407 00:22:25,440 --> 00:22:30,200 update on the it's crazy how we move on all it's man, we move 408 00:22:30,200 --> 00:22:32,680 on. All these headlines is so crazy 409 00:22:32,680 --> 00:22:36,760 non-stop, you know what I mean? When you're super zoomed in, 410 00:22:36,760 --> 00:22:39,240 this is all just ridiculously volatile. 411 00:22:39,520 --> 00:22:42,200 Zoomed out, it's like nothing. 3 minutes ago This is where we're 412 00:22:42,200 --> 00:22:46,080 pumping Trump to hold a call with President of El Salvador 413 00:22:46,320 --> 00:22:49,520 White House. So what else will you talk to, 414 00:22:49,520 --> 00:22:53,320 neighbor Kelly? We need their volcanic power, 415 00:22:55,560 --> 00:22:59,240 Salvador volcanoes to fund American Bitcoin mining. 416 00:22:59,480 --> 00:23:03,800 We are so unserious, Tyler. We are so unserious. 417 00:23:04,360 --> 00:23:07,480 So first we pump like crazy on Santa Loomis's tweet, then we 418 00:23:07,480 --> 00:23:10,120 dump on Anna Terret saying that she may just be announcing her 419 00:23:10,120 --> 00:23:15,600 like the thing that we pump again on a potential call for 420 00:23:16,000 --> 00:23:17,600 Kelly. We. 421 00:23:18,000 --> 00:23:20,680 We are. So that really might be why 422 00:23:20,680 --> 00:23:22,080 we're pumping. That's that's incredible. 423 00:23:22,240 --> 00:23:26,040 We are not serious, that is. That's another tweet. 424 00:23:26,680 --> 00:23:31,360 I just need to speak to the to BU Kelly to to do a Bitcoin St. 425 00:23:31,360 --> 00:23:34,640 reserve. El Salvador I think is like less 426 00:23:34,640 --> 00:23:37,760 than 1% of the US. He doesn't need to be speaking 427 00:23:37,760 --> 00:23:41,160 to BU Kelly about the about strict a Bitcoin strategic 428 00:23:41,160 --> 00:23:43,080 reserve. Look at the 15 minute chart on 429 00:23:43,080 --> 00:23:44,280 Bitcoin. I'm sharing it on screen right 430 00:23:44,280 --> 00:23:45,720 now. I pinned to the top by our 431 00:23:45,720 --> 00:23:48,880 broadcast link on Spaces. If you want to watch some video, 432 00:23:48,880 --> 00:23:53,920 look at this Tweet from Lumis, tweet from Eleanor, tweet from 433 00:23:53,920 --> 00:23:56,120 D1. Ridiculous. 434 00:23:57,320 --> 00:23:59,680 It's just incredible swings, just incredible things 435 00:23:59,680 --> 00:24:00,200 happening. Oh. 436 00:24:01,720 --> 00:24:03,320 My God. I sent you. 437 00:24:03,400 --> 00:24:05,400 Since we're so zoomed in, I actually sent a tweet to zoom 438 00:24:05,480 --> 00:24:06,240 out a little bit. OK, let's. 439 00:24:06,640 --> 00:24:12,040 Go, let me see. But basically, like everyone, 440 00:24:12,040 --> 00:24:14,840 like sky is falling. It feels like on CT before the 441 00:24:15,040 --> 00:24:18,720 luminous news this morning, there's a lot of history that 442 00:24:18,720 --> 00:24:22,720 January is a red month or just a slightly green month when you 443 00:24:22,720 --> 00:24:26,680 come out of these huge Q fours and then February is the is the 444 00:24:26,680 --> 00:24:29,800 big month. So I think this is just a 445 00:24:29,800 --> 00:24:34,640 reminder like I mean, don't let the bears shake you out just 446 00:24:34,640 --> 00:24:37,560 because we have some volatility with a new president in office 447 00:24:38,240 --> 00:24:42,160 here a handful of days before one of the historically most 448 00:24:42,160 --> 00:24:46,120 green months in in crypto. And of course, this is all small 449 00:24:46,120 --> 00:24:49,600 sample size stuff, but like these cycles have proven that 450 00:24:49,600 --> 00:24:53,160 they the crypto cycles have been somewhat like reliable, like 451 00:24:53,520 --> 00:24:56,000 people predicted the local bottom based on the moon we're. 452 00:24:56,520 --> 00:24:58,000 Doing the We're doing the rainbow chart here. 453 00:24:58,360 --> 00:24:59,920 Yeah, I am sharing the rainbow chart. 454 00:24:59,960 --> 00:25:02,840 We are doing the rainbow chart thing. 100% chat. 455 00:25:03,280 --> 00:25:04,960 It's down 2%. We have to bring up the rainbow 456 00:25:04,960 --> 00:25:06,160 chart. Exactly. 457 00:25:06,600 --> 00:25:08,240 Well, Tyler's like 100 eggs right now. 458 00:25:08,240 --> 00:25:10,320 We got to like save his bags, you know what I mean? 459 00:25:11,400 --> 00:25:15,280 I. Love about crypto because 460 00:25:15,280 --> 00:25:17,120 they're like whenever there's something down, we just like 461 00:25:17,120 --> 00:25:19,640 bring up the most, like we just bring up charts just like it's 462 00:25:19,640 --> 00:25:21,720 going to be OK. We'll be looking a lot more 463 00:25:21,720 --> 00:25:24,360 confirmation bias. Where is he? 464 00:25:24,360 --> 00:25:28,160 I'm sorry that we are we are we are highly on serious people, 465 00:25:28,160 --> 00:25:31,320 but it's very serious industry. That's the funniest thing, 466 00:25:31,320 --> 00:25:33,520 right? It's like a bunch of you know, 467 00:25:33,840 --> 00:25:37,200 it's it's just the irony of this of this industry is so good. 468 00:25:37,280 --> 00:25:40,840 I love it. I'll never it can always make me 469 00:25:40,840 --> 00:25:43,880 laugh a lot. So as it stands, Bitcoins kind 470 00:25:43,880 --> 00:25:46,960 of hovering one O 3 one O 5 like in massive like just like 471 00:25:46,960 --> 00:25:55,680 volatility here up and down 1% every other second ETH down 3230 472 00:25:55,680 --> 00:26:00,440 and souls at 2:47 here with with most of the major red today, 473 00:26:00,440 --> 00:26:02,320 right? Can we talk about what's going 474 00:26:02,320 --> 00:26:05,720 on in ETH at the moment? So what is going on in ETH at 475 00:26:05,720 --> 00:26:08,880 the moment? You just see like Vitalik is 476 00:26:08,880 --> 00:26:12,040 like at war with some of the ETH core devs at the moment. 477 00:26:12,440 --> 00:26:13,840 It's. Like, wow, we've talked about a 478 00:26:13,840 --> 00:26:16,920 little bit Tyler now after he left on Monday, but let's what's 479 00:26:16,920 --> 00:26:18,440 the update since? Because I wasn't really on 480 00:26:18,440 --> 00:26:21,200 yesterday. I know he's on his wartime arc. 481 00:26:21,200 --> 00:26:25,720 I mean, Shaw walked so Vitalik could run here with the wartime. 482 00:26:26,800 --> 00:26:29,720 Yesterday, another one of the ETH core devs, the founder of 483 00:26:29,840 --> 00:26:35,160 Light proposed a second alternative Ethereum Foundation 484 00:26:37,920 --> 00:26:41,320 separate to Vitalics, which would they would have more 485 00:26:41,320 --> 00:26:45,240 control over and come up with plans for the future of Eve. 486 00:26:46,640 --> 00:26:49,520 So that's where we're at. Like Eve, there's a lot of 487 00:26:49,520 --> 00:26:53,240 people who are Eve Maxis, you know, who've been in ET for a 488 00:26:53,240 --> 00:26:55,800 long time. I, I have a lot of respect for 489 00:26:55,800 --> 00:27:00,400 the like Ethereum and, and it's an early creation, but I think a 490 00:27:00,400 --> 00:27:02,680 lot of them have been like in a lot of pain over what's been 491 00:27:02,680 --> 00:27:05,880 going on right now. It's really come to like the 492 00:27:05,880 --> 00:27:08,920 forefront of, of what we're going to do about it. 493 00:27:09,160 --> 00:27:12,160 And is it Vitalik, the one who's going to lead us out of this or 494 00:27:12,160 --> 00:27:17,560 not? And you're seeing a bit of a 495 00:27:17,640 --> 00:27:22,760 schism, you might say. Damn. 496 00:27:24,440 --> 00:27:25,920 Yeah, the Lido founder launching. 497 00:27:26,160 --> 00:27:29,680 What if Senator Cynthia Lummis is launching and Theorem 498 00:27:29,680 --> 00:27:31,960 Foundation? We are so headed for a fork. 499 00:27:32,480 --> 00:27:34,160 Yeah, like it's. It's. 500 00:27:34,440 --> 00:27:38,520 I don't think it's at that stage yet, but it's definitely, it's 501 00:27:38,520 --> 00:27:41,920 definitely at a stage where some people are like, no, not, we're 502 00:27:41,920 --> 00:27:43,800 not doing this. So what Ethereum cash it? 503 00:27:45,920 --> 00:27:48,640 Could be like I don't. I guess what though is slightly 504 00:27:48,640 --> 00:27:51,920 different than like the the the Bitcoin fork was, was about 505 00:27:52,360 --> 00:27:53,280 block size. Right. 506 00:27:54,520 --> 00:28:00,080 I think this one would really be about L twos, probably like the 507 00:28:00,080 --> 00:28:03,840 path for L twos versus the L1. I think that would probably be 508 00:28:03,840 --> 00:28:10,280 one of the main things this, and I'm not too sure everyone even 509 00:28:10,280 --> 00:28:12,880 stands on that. Like I don't this is Vitalik's 510 00:28:12,880 --> 00:28:17,680 plan, but like I don't know where the core devs would want 511 00:28:17,680 --> 00:28:19,920 to diverge from him on some of this stuff. 512 00:28:21,840 --> 00:28:25,440 It's definitely more nuanced. It's not just like, oh, we want 513 00:28:25,440 --> 00:28:27,160 small, small blocks, we want big blocks. 514 00:28:27,160 --> 00:28:29,000 It's like there's a ton of different things people want 515 00:28:29,000 --> 00:28:33,000 different things about with EPA. So I think it if it was to 516 00:28:33,000 --> 00:28:36,000 break, it would be, it would be under a range of different 517 00:28:36,000 --> 00:28:40,480 things, but I imagine the biggest one is L2 versus L1. 518 00:28:42,160 --> 00:28:44,720 Yeah, it's it's, I don't know, man. 519 00:28:44,720 --> 00:28:46,400 How do you guys think this all ends up? 520 00:28:46,400 --> 00:28:49,240 You know what I mean? Like what's this whole Ethereum 521 00:28:49,240 --> 00:28:52,440 is not great man? Like, and I don't know how it 522 00:28:52,440 --> 00:28:54,480 makes us look also outside. I think it was the Bloomberg 523 00:28:54,600 --> 00:28:56,600 boys talking about it. I think it was Eric Balkunas 524 00:28:57,160 --> 00:28:59,200 talking about this, like how it could look outside to 525 00:28:59,200 --> 00:29:01,640 institutional investors as well. Like they look into the space. 526 00:29:01,640 --> 00:29:03,240 You know, we say like we're all serious people as a joke. 527 00:29:03,240 --> 00:29:05,480 But like, you know, you're looking at this thing, the 528 00:29:05,480 --> 00:29:09,280 second largest asset in crypto. And then you have Vitalik 529 00:29:09,280 --> 00:29:12,280 supporting the milady just calling it war against lovely 530 00:29:12,400 --> 00:29:13,840 else. And I I think he's defending 531 00:29:13,840 --> 00:29:15,280 himself. Like I think like Vitalik's also 532 00:29:15,280 --> 00:29:17,320 gone through his fair share of abuse online for the last couple 533 00:29:17,320 --> 00:29:19,160 of years. So definitely don't blame him, 534 00:29:19,160 --> 00:29:22,280 right? I think he needs this like I 535 00:29:22,280 --> 00:29:26,240 don't care if some random fund manager doesn't like the fact 536 00:29:26,240 --> 00:29:31,360 that there's like ETH needs conflict to do in my opinion, 537 00:29:31,760 --> 00:29:33,080 like these battles need to happen. 538 00:29:33,080 --> 00:29:37,760 They need to happen quicker. And then we need to work how to 539 00:29:37,760 --> 00:29:41,120 take it forward. Like it's very, very clear where 540 00:29:41,200 --> 00:29:46,800 ETH revenue has not grown for I think it's four years, it's 541 00:29:46,800 --> 00:29:51,440 flat, no. So something's something's not 542 00:29:51,520 --> 00:29:54,280 going right. Hold on, hold on, hold on. 543 00:29:54,280 --> 00:29:57,640 Hold on, hold on, hold on. Sorry, I thought there was a 544 00:29:57,640 --> 00:30:01,240 bit. Am I saying that he's there's 545 00:30:01,240 --> 00:30:04,480 something going on right now? Another Trump. 546 00:30:05,760 --> 00:30:08,920 OK, Trump to hold, call it president of El Salvador, 330 547 00:30:08,920 --> 00:30:12,320 PMET. But Trump to sign executive 548 00:30:12,320 --> 00:30:18,360 order at 2:30 PMET. That's the latest candle. 2:30. 549 00:30:19,640 --> 00:30:22,440 What's up, Tyler? We're kind of Even so I got a 550 00:30:22,440 --> 00:30:26,560 whole lot of action on that one on the, on Ethereum. 551 00:30:28,560 --> 00:30:32,760 So we've got Larry Fink talking at, at the the World Economic 552 00:30:32,760 --> 00:30:38,640 Forum that he wants to tokenize everything, stocks, bonds ASAP 553 00:30:40,320 --> 00:30:43,000 that we thought it was going to be on Ethereum, right? 554 00:30:43,000 --> 00:30:45,800 So like, at what point does he get involved? 555 00:30:46,680 --> 00:30:53,520 Like, is all this conflict, you know, do you think he cares or 556 00:30:53,520 --> 00:30:54,720 he's just going to keep doing his own thing? 557 00:30:55,320 --> 00:30:56,440 I don't think Black won't need EVE. 558 00:30:56,440 --> 00:30:57,880 I think they just need a blockchain. 559 00:30:57,920 --> 00:31:01,400 So, you know, they've done it. They've done it on base. 560 00:31:02,560 --> 00:31:04,080 Like they could do, they can have their own blockchain. 561 00:31:04,080 --> 00:31:05,880 It could be an L2, like they could create their own. 562 00:31:06,440 --> 00:31:08,480 Yeah, they could do it. They just need a blockchain. 563 00:31:10,040 --> 00:31:11,760 We should listen to that piece. Actually, I thought that was 564 00:31:11,760 --> 00:31:13,760 good. BlackRock isn't tokenizing 565 00:31:13,760 --> 00:31:15,760 everything on Ethereum. Then what is the longer term 566 00:31:15,760 --> 00:31:21,080 bull case for Ethereum? Base, it could do it on base, 567 00:31:21,520 --> 00:31:22,680 right? It could be a partnership with 568 00:31:22,680 --> 00:31:25,240 Coinbase or they yeah, create their own L2. 569 00:31:25,440 --> 00:31:28,120 But even if they create their own L2, this is the issue base 570 00:31:28,120 --> 00:31:33,440 has that had a very good cycle. ETH hasn't the the whole L1 571 00:31:33,440 --> 00:31:36,400 versus L2 thing isn't really that great for ETH other than 572 00:31:36,600 --> 00:31:40,320 ETH becomes a more widely owned asset which you could argue is 573 00:31:41,200 --> 00:31:44,280 you could argue is good like the network more people own it. 574 00:31:44,640 --> 00:31:49,280 But the value transfer back to ETH is its, its revenue is way 575 00:31:49,280 --> 00:31:51,400 down because these L twos are not paying them anything. 576 00:31:51,800 --> 00:31:53,520 No, they're taking all the value away from it. 577 00:31:53,560 --> 00:31:56,920 I I know that you if you zoom out, you it, you'd think like 578 00:31:57,040 --> 00:31:59,880 you'd say it adds value to the main network like the the L1, 579 00:32:00,240 --> 00:32:02,800 but so far it hasn't even Kraken yesterday, like Vitalik was 580 00:32:02,800 --> 00:32:05,720 shouting them out, but has their own L2 now playing the the ink 581 00:32:05,720 --> 00:32:10,040 right, playing the, the, the the base route or going the base 582 00:32:10,040 --> 00:32:11,400 route. You have abstract going live 583 00:32:11,400 --> 00:32:14,160 next week. There is just so much going on 584 00:32:14,160 --> 00:32:16,200 and the L twos are very, it's pretty successful, right? 585 00:32:16,200 --> 00:32:18,200 Like Hyper Liquid on Arbitrum, right? 586 00:32:18,200 --> 00:32:19,680 Arby Trump saw a lot of success with that. 587 00:32:19,840 --> 00:32:23,080 And then you have like bases that extreme success with with 588 00:32:23,160 --> 00:32:25,840 AI agents, etcetera, virtuals, yadda, yadda. 589 00:32:25,840 --> 00:32:28,720 And a lot of stuff like the L2's are doing good. 590 00:32:30,480 --> 00:32:35,720 Perfect example though, great app built on L2, creates its own 591 00:32:35,720 --> 00:32:37,960 chain, yeah? No seriously, make their own 592 00:32:38,000 --> 00:32:39,080 change. Like because they're in L1, 593 00:32:39,080 --> 00:32:40,200 right? Technically, like I know there 594 00:32:40,200 --> 00:32:44,720 was a whole debate with Vanek like L3 this and that, but I 595 00:32:44,720 --> 00:32:47,240 think think could come in let's play this, this 13 second clip 596 00:32:47,240 --> 00:32:48,560 here real quick. But he could come in and just 597 00:32:48,560 --> 00:32:49,560 create his own chain here, you know? 598 00:32:49,560 --> 00:32:50,360 Let's see what he says, you know? 599 00:32:50,560 --> 00:32:52,720 As a huge believer, crypto and and. 600 00:32:53,320 --> 00:32:56,360 And and blockchain and tokenization. 601 00:32:56,360 --> 00:33:01,960 I I mean I want the SEC to rapidly approve the tokenization 602 00:33:01,960 --> 00:33:04,160 of bonds and stocks. You know as. 603 00:33:04,840 --> 00:33:07,040 You know, he's talking about all this stuff. 604 00:33:07,040 --> 00:33:08,040 I mean, it's gonna be interesting. 605 00:33:08,080 --> 00:33:11,720 Usually when when when when Larry think respectfully asks 606 00:33:11,720 --> 00:33:14,000 for something like that usually means he's getting it so the. 607 00:33:15,320 --> 00:33:18,360 Other quote he had during his panel with Bloomberg yesterday. 608 00:33:18,760 --> 00:33:22,400 No, I didn't see that. He said basically he laid out 609 00:33:22,400 --> 00:33:25,960 the path for Bitcoin to go to 500 K, 600K700K and he's talking 610 00:33:25,960 --> 00:33:27,400 about. Well, I saw an article talking. 611 00:33:27,760 --> 00:33:31,000 To these, you know, wealthy funds across the globe about 612 00:33:31,000 --> 00:33:34,560 trying to get a 2 to 5% portfolio allocation of Bitcoin. 613 00:33:35,680 --> 00:33:37,640 Wow. I think we we've been talking 614 00:33:37,640 --> 00:33:40,320 about that as a huge critical component of the longer term 615 00:33:40,480 --> 00:33:42,720 term bull case for a while. Yeah. 616 00:33:43,160 --> 00:33:46,160 It's just it's people need to hear it from him. 617 00:33:48,520 --> 00:33:51,400 Yeah, it's wow, this. I don't know. 618 00:33:51,520 --> 00:33:52,560 Anyways, you're looking good, dude. 619 00:33:52,640 --> 00:33:54,000 You're good. I think you're safe here. 620 00:33:54,720 --> 00:33:57,600 Tyler, this is the. Point actually from Tyler here, 621 00:33:57,600 --> 00:33:59,240 and this is something to be aware of. 622 00:34:00,880 --> 00:34:02,880 I just spoke about how the trenches are down right, 623 00:34:03,360 --> 00:34:05,360 Trenches are not making money. And I see a lot of people saying 624 00:34:05,360 --> 00:34:07,040 cycle, talk, cycle, talk, cycle talk. 625 00:34:07,640 --> 00:34:10,159 These people do not care about those pacts. 626 00:34:10,600 --> 00:34:12,360 If they'll come, they'll buy Bitcoin. 627 00:34:12,360 --> 00:34:14,520 We've seen this so many times. Right, of course. 628 00:34:14,840 --> 00:34:17,520 I think, I don't think yeah, we may get a little bit of a dip on 629 00:34:17,560 --> 00:34:21,920 the lack of a near term strategic reserve, but the the 630 00:34:21,960 --> 00:34:24,199 people are just going to keep on buying Bitcoin like Bitcoin is 631 00:34:24,280 --> 00:34:28,120 is going mainstream. If you read all the major trad 5 632 00:34:28,120 --> 00:34:31,040 firms right now are talking about how we're going to get 633 00:34:31,040 --> 00:34:33,920 into this space, we're going to sell Bitcoin, we're going to do 634 00:34:33,920 --> 00:34:37,800 smart transaction stuff. I'm not saying don't be in the 635 00:34:37,800 --> 00:34:40,320 trenches, but like if you lose money on a meme coin, it doesn't 636 00:34:40,320 --> 00:34:44,239 mean it's the cycle top. And I keep on seeing that take. 637 00:34:46,000 --> 00:34:50,400 What is interesting is so I've seen this like Darren was 638 00:34:50,400 --> 00:34:53,920 talking about this. So I think a part of the bull 639 00:34:53,920 --> 00:34:57,120 case for meme coins alts was the wealth effect created by 640 00:34:57,120 --> 00:35:00,640 Bitcoin. He's he's starting to wonder, is 641 00:35:00,640 --> 00:35:04,080 the wealth effect going to be more muted because the money is 642 00:35:04,080 --> 00:35:08,560 actually pouring in the Bitcoin via the the ETS and that money 643 00:35:08,560 --> 00:35:11,280 is all elsewhere and it's not coming on chain. 644 00:35:12,720 --> 00:35:16,520 I I understand that perspective. I still like there's still going 645 00:35:16,520 --> 00:35:18,760 to be a, a huge impact on chain as well. 646 00:35:19,400 --> 00:35:22,160 So I'm not fully subscribed to that, but it is something to 647 00:35:22,160 --> 00:35:25,040 keep into consideration how how this is a different pump than 648 00:35:25,040 --> 00:35:28,680 prior cycles because a lot of the money is elsewhere. 649 00:35:30,440 --> 00:35:31,800 Yeah, but we might get ETFs for everything. 650 00:35:32,080 --> 00:35:33,160 We might get ETFs for a lot more. 651 00:35:34,040 --> 00:35:36,160 It's true, and we will. We're already seeing it. 652 00:35:36,560 --> 00:35:38,720 I mean, they're calling for doge, doge ETFs. 653 00:35:38,720 --> 00:35:41,240 They didn't someone apply like these weird ETF filings for a 654 00:35:41,240 --> 00:35:43,520 bunch of different unicorns. Not that it's going to happen, 655 00:35:43,520 --> 00:35:46,760 obviously, but like, you know, there's there's a very serious 656 00:35:46,760 --> 00:35:51,560 Dogecoin ETF that came out right in news with Bitwise and Bitwise 657 00:35:51,560 --> 00:35:55,080 is breathing on top of their their game here with crypto, you 658 00:35:55,080 --> 00:35:58,920 know, so this is just the beginning of it all. 659 00:35:59,000 --> 00:36:00,760 So we'll see. We'll see where this takes us. 660 00:36:01,400 --> 00:36:04,480 Look, Tyler, I have a good feeling about your law. 661 00:36:05,120 --> 00:36:09,520 You know, I don't think Senator Loomis just hyped up the crowd 662 00:36:09,520 --> 00:36:13,360 for her own voting thing. Definitely not. 663 00:36:13,640 --> 00:36:16,600 Yeah, it appears like like 3 News right now on the Telegram 664 00:36:16,600 --> 00:36:21,160 is talking about the signing executive order, then an hour 665 00:36:21,160 --> 00:36:25,960 later getting on with NAIB like there is there's a lot of stuff 666 00:36:25,960 --> 00:36:28,600 leading up to like what's the polyline right now, dude on this 667 00:36:28,600 --> 00:36:31,280 strategic reserve? Even if they announce it, it 668 00:36:31,280 --> 00:36:34,920 could, it could still sell off because of like the details. 669 00:36:35,000 --> 00:36:36,680 Oh wow, it's up from It's up 10% today. 670 00:36:37,080 --> 00:36:38,800 What do you see that? Am I in the wrong? 671 00:36:39,280 --> 00:36:42,160 Will Trump create BP in reserve in first 100 days? 672 00:36:42,160 --> 00:36:45,400 Was it 29% when I checked this morning and it's up to 39%? 673 00:36:45,520 --> 00:36:49,000 Yeah, yeah, yeah. We said this while ago on the 674 00:36:49,000 --> 00:36:50,800 show, right? This was the 100 days is a is an 675 00:36:50,800 --> 00:36:53,000 easy cook. I think the easy day like the 676 00:36:53,000 --> 00:36:57,080 100 day line is so good. I don't love, I mean 39% like 677 00:36:57,080 --> 00:36:59,640 this is not meat. Like this is not insiders 678 00:36:59,640 --> 00:37:01,160 telling us that this is definitely happening. 679 00:37:01,880 --> 00:37:04,080 I noticed at 60% I'd feel a lot different. 680 00:37:04,160 --> 00:37:06,640 If it was 60 plus, yeah, you're right, like 70 points, you're 681 00:37:06,640 --> 00:37:09,600 like, OK, maybe we hit. We hit 48% on. 682 00:37:10,680 --> 00:37:13,560 Someone depending like a ton of Trump. 683 00:37:13,600 --> 00:37:16,160 Did you see his headline? I don't know. 684 00:37:17,080 --> 00:37:18,440 He definitely moved the market on it. 685 00:37:18,440 --> 00:37:22,720 Let's let's look at a Trump's coin here. 37 Bill. 686 00:37:23,320 --> 00:37:28,720 Someone just put 2,000,000 worth of Trump Trump token because 687 00:37:28,720 --> 00:37:31,440 that would be a wild amount. I mean, yeah, sure. 688 00:37:31,600 --> 00:37:34,120 Trump will look, look at that. It moved this here. 689 00:37:35,560 --> 00:37:42,760 Yeah, but I don't know if it's two times by the price right, 70 690 00:37:42,760 --> 00:37:46,440 million Trump or if it's. 2 million, yeah, that's a huge 691 00:37:46,440 --> 00:37:47,840 difference. Well, let's look here, right? 692 00:37:47,840 --> 00:37:53,000 Let's put $1 million. There was a $2.1 million buy. 693 00:37:53,000 --> 00:37:57,040 Yeah, here this wallet. And then that happens a lot. 694 00:37:57,640 --> 00:38:04,400 Yeah, yeah, it's fun. Yeah, it's this wallet has, well 695 00:38:04,400 --> 00:38:08,000 this wallet has about $33 million worth and sold 44 696 00:38:08,000 --> 00:38:09,880 million so far. So it was. 697 00:38:09,960 --> 00:38:12,200 That's probably Frank. It's up 1010 mil. 698 00:38:14,720 --> 00:38:16,640 Love it. The swell. 699 00:38:16,640 --> 00:38:18,280 It is up a lot. This is nice. 700 00:38:18,280 --> 00:38:20,120 Wow, What? It's actually looking pretty 701 00:38:20,120 --> 00:38:24,040 good, not going to lie. So I mean, if if I mean Trump 702 00:38:24,040 --> 00:38:28,440 has levered Bitcoin, I think at this point with with potential 703 00:38:28,440 --> 00:38:32,400 for upside catalysts and talking about it or any other like 704 00:38:32,400 --> 00:38:34,000 curveballs come out. Yeah. 705 00:38:34,920 --> 00:38:37,880 So if Bitcoin, like we saw, like Bitcoin is selling off, Trump's 706 00:38:37,880 --> 00:38:40,680 selling off, Bitcoins pumping now. 707 00:38:40,680 --> 00:38:44,040 Literally, yeah. I think that's, I think that's 708 00:38:44,040 --> 00:38:45,680 how it's probably going to trade here for the near term. 709 00:38:46,120 --> 00:38:49,720 Yeah. It's hard to see like the path 710 00:38:49,720 --> 00:38:53,320 where Trump runs 37 to 100, like the action we were seeing over 711 00:38:53,320 --> 00:38:56,880 this weekend. Like the huge candles feel a 712 00:38:56,880 --> 00:39:00,440 little harder without like mate. Like if Bitcoin candles to 120 K 713 00:39:00,440 --> 00:39:03,880 today then Trump could go to 70. Five probably. 714 00:39:04,160 --> 00:39:07,320 Could you guys imagine a world where 2:30 PM the executive 715 00:39:07,320 --> 00:39:11,040 order gets signed for Bitcoin Strategic Reserve and we fly to 716 00:39:11,040 --> 00:39:15,800 120 so long as there so long would be 300 there and the 717 00:39:15,800 --> 00:39:18,400 trenches would be on fire? Yeah. 718 00:39:19,360 --> 00:39:21,440 Imagine if ETH is a part of the reserve. 719 00:39:22,280 --> 00:39:26,160 Brother, it says B with the big things coming with the big corn 720 00:39:26,160 --> 00:39:28,400 logo, I. I love this stuff. 721 00:39:29,560 --> 00:39:31,120 I love this stuff from ETH people. 722 00:39:31,200 --> 00:39:33,880 It's always. I love it too. 723 00:39:33,960 --> 00:39:35,240 I love it too. But I wouldn't. 724 00:39:35,920 --> 00:39:37,560 I wouldn't. I wouldn't hold my breath. 725 00:39:38,240 --> 00:39:42,800 Eric Trump to save D5 Was was right before the inauguration, 726 00:39:42,800 --> 00:39:46,920 right? I, I, I, I did think for a 727 00:39:46,920 --> 00:39:51,040 moment that would be a crypto strategic reserve with a basket. 728 00:39:51,480 --> 00:39:55,240 I think that would take more time because what was your 729 00:39:55,240 --> 00:39:56,600 basket in there? Top four. 730 00:39:56,680 --> 00:39:59,280 Top five. I think it's highly likely you 731 00:39:59,280 --> 00:40:02,520 get some form of American first crypto. 732 00:40:03,560 --> 00:40:05,600 I do. I think it's good. 733 00:40:05,640 --> 00:40:09,520 I think it would be good for America to get more American 734 00:40:09,520 --> 00:40:14,400 firms in crypto. If it's really is if, if 735 00:40:14,400 --> 00:40:16,640 Blackrock's saying we want to tokenize stocks and bonds, like 736 00:40:16,640 --> 00:40:20,480 how does America turn away basically every major crypto 737 00:40:20,480 --> 00:40:21,840 firm? Like they should be trying to 738 00:40:21,840 --> 00:40:24,280 get more and more of it on shore. 739 00:40:25,680 --> 00:40:30,080 It's wild to me that AI they're like, so, so like, you know, 740 00:40:30,080 --> 00:40:32,440 we're going to have chip export restrictions. 741 00:40:32,440 --> 00:40:35,200 We we don't want to have any other foreign technology. 742 00:40:35,200 --> 00:40:37,040 And then crypto, they've just basically forced it all 743 00:40:37,040 --> 00:40:39,880 offshore. It'd be crazy. 744 00:40:41,400 --> 00:40:44,560 Crypto is going to be great in. America, the White House tweeted 745 00:40:44,560 --> 00:40:48,280 too, telling you, dude, it's, it's going to be nice. 746 00:40:48,320 --> 00:40:49,680 Look at this. It's going to be a nice speech. 747 00:40:49,720 --> 00:40:52,440 I think we're going to stay on 11 to, to, to, to to stream this 748 00:40:52,440 --> 00:40:55,600 like President Trump to deliver virtual remarks to the World 749 00:40:55,600 --> 00:40:59,320 Economic Forum at 11:00 AM EST. You want to listen to this 750 00:40:59,320 --> 00:41:02,840 because if there's no mention of the word Bitcoin, D Jens are 751 00:41:02,840 --> 00:41:05,480 going to sell the shit out of their Bitcoin. 752 00:41:07,840 --> 00:41:10,080 The folks trading per on the people who are going to sell it 753 00:41:10,080 --> 00:41:11,280 are the people who are going on, yeah. 754 00:41:11,680 --> 00:41:15,440 Exactly. The other thing that happened at 755 00:41:15,440 --> 00:41:21,280 the Larry Fink conversation yesterday, Zhao Ping, I'm I'm I 756 00:41:21,280 --> 00:41:22,840 may not be doing his name justice. 757 00:41:22,840 --> 00:41:24,720 Zhang Ping Zhao. He did it really well. 758 00:41:26,880 --> 00:41:28,320 Sorry, Ping Zhao. Ping Zhao. 759 00:41:28,520 --> 00:41:30,480 He's the CEO of G42. He was on with Larry Fink. 760 00:41:30,480 --> 00:41:33,200 It was just those two. He went on to say I truly 761 00:41:33,200 --> 00:41:35,560 believe crypto is the currency of AI. 762 00:41:35,600 --> 00:41:37,920 And then he talks about how he thinks everyone eventually is 763 00:41:37,920 --> 00:41:40,560 going to have their own AI agents doing financial 764 00:41:40,560 --> 00:41:44,520 transactions for them and says legacy banking can't handle it 765 00:41:45,320 --> 00:41:47,000 it it has to be on the blockchain. 766 00:41:47,760 --> 00:41:49,600 We spoke about this exact thing yesterday, right? 767 00:41:50,560 --> 00:41:58,000 This exact thing. And crypto and AI, Yeah, I 768 00:41:58,000 --> 00:42:02,560 think, I do think that some of these utility ones are going 769 00:42:02,560 --> 00:42:05,600 through a little bit of a period here where we maybe need to see 770 00:42:05,600 --> 00:42:07,760 something new to keep pumping them. 771 00:42:08,400 --> 00:42:12,200 It's something exciting. Bitcoin 120K. 772 00:42:13,120 --> 00:42:17,240 Not that like actually from a technological side, let's say 773 00:42:19,040 --> 00:42:23,920 like I think we we ran through we ran through memes places. 774 00:42:24,520 --> 00:42:28,720 Now we're basically creating tons of Co pilots, like people 775 00:42:28,720 --> 00:42:31,120 saying they can do D5 but nothing actually really like no 776 00:42:31,120 --> 00:42:33,200 one's actually using it because it's not working. 777 00:42:34,840 --> 00:42:37,760 We do need, I think on the application side, maybe 778 00:42:37,760 --> 00:42:40,120 something new come out or we actually have to start seeing 779 00:42:40,120 --> 00:42:42,960 this stuff work, you know, well. I mean, no one wanted to use 780 00:42:42,960 --> 00:42:45,880 driverless cars for years. It's it's too scary. 781 00:42:45,880 --> 00:42:47,680 Like you're not going to turn over control your car. 782 00:42:49,560 --> 00:42:51,680 Now people, now people slowly are doing it. 783 00:42:52,200 --> 00:42:55,720 Yeah, slowly, right. I saw the Jaguar like the Uber 784 00:42:55,720 --> 00:43:00,440 cars or something that. It's a life changing experience 785 00:43:00,680 --> 00:43:04,120 that they they just sit there, they don't have anything. 786 00:43:04,720 --> 00:43:08,480 I fully believe that we'll go all in like Crypto D Jens will 787 00:43:08,480 --> 00:43:12,200 put 100K into a small ship coin. Like they will not mind testing 788 00:43:12,200 --> 00:43:18,040 out some random AI thing. Yeah, I don't know. 789 00:43:18,040 --> 00:43:18,760 We'll see. I do. 790 00:43:18,760 --> 00:43:22,360 I do think that the the statement though, that crypto is 791 00:43:22,360 --> 00:43:25,280 the currency of AI makes perfect sense though, Like if the 792 00:43:25,280 --> 00:43:28,240 intersect like it's not like it's so funny because a lot of 793 00:43:28,240 --> 00:43:31,600 the I mean people like the Jason Calacanis of this world, like 794 00:43:31,600 --> 00:43:35,120 all the like like super cringes like anti crypto folks in tech 795 00:43:35,760 --> 00:43:38,960 were trying to PvP crypto and AI last cycle and during the bear 796 00:43:38,960 --> 00:43:42,160 market. But it's not APVP in that sense. 797 00:43:42,160 --> 00:43:44,560 Like I do think they bring value to one another, right. 798 00:43:44,560 --> 00:43:46,760 To me, like blockchain technology is the big like 799 00:43:46,760 --> 00:43:51,200 advancement society and then AI and it just so happens to help 800 00:43:51,640 --> 00:43:54,960 AI in many ways and vice versa. Like I think I think there's 801 00:43:54,960 --> 00:43:58,640 like this whole yeah, people say, hey, Jason, like Jason is a 802 00:43:58,640 --> 00:44:01,080 Jason, right? He's been wrong every step of 803 00:44:01,080 --> 00:44:03,840 the way on crypto. Don't worry, he's probably. 804 00:44:04,200 --> 00:44:06,040 Point. Remember he said he had Bitcoin 805 00:44:06,320 --> 00:44:08,200 at the end of it a lot. Of Bitcoin. 806 00:44:08,560 --> 00:44:10,600 Don't worry about it. We own a ton of Bitcoin. 807 00:44:10,600 --> 00:44:13,200 I own a ton of Bitcoin. Bill probably has like $10,000 808 00:44:13,200 --> 00:44:15,240 in his IRA Bitcoin like to buy bit. 809 00:44:15,240 --> 00:44:18,360 Dude remember when he was talking on me with the price of 810 00:44:18,360 --> 00:44:19,960 Solana and then Solana like doubled? 811 00:44:20,640 --> 00:44:24,280 Rather, I mean at the same time he was telling people to pivot 812 00:44:24,280 --> 00:44:28,520 from crypto to AI, Solana was rating it probably under 10 or 813 00:44:28,520 --> 00:44:34,840 around 10 to 20 right? So he's missed 15X while he was 814 00:44:35,040 --> 00:44:42,520 by AIAI stock? Tyler, well, you're rich. 815 00:44:44,160 --> 00:44:45,920 OK, so she just posted. There you go. 816 00:44:45,920 --> 00:44:48,840 So Loomis just posted again, so this is not going to be the 817 00:44:48,840 --> 00:44:49,960 11:00 AM. So she posted that. 818 00:44:50,080 --> 00:44:51,360 It's true. It's her announcement of 819 00:44:51,360 --> 00:44:52,800 herself. So that's done. 820 00:44:54,120 --> 00:44:57,280 Digital assets are the so honored to chair the Senate 821 00:44:57,280 --> 00:44:58,960 Banking Subcommittee on digital assets. 822 00:44:58,960 --> 00:45:03,760 So again, Anna Tourette, the queen of ETFs, the queen of 823 00:45:03,760 --> 00:45:05,800 crypto news on top of it as usual. 824 00:45:06,640 --> 00:45:09,520 So Senator Cynthia Loomis is going to be so just another pro 825 00:45:09,520 --> 00:45:13,880 crypto, you know, person with an important jobs there. 826 00:45:13,880 --> 00:45:15,720 So we'll see what happens at 11 though. 827 00:45:15,760 --> 00:45:18,120 So she did say 10:00 AM. So I think it's good that she 828 00:45:18,440 --> 00:45:21,000 posted this now so that people don't think that this is a 10 AM 829 00:45:21,000 --> 00:45:25,520 NEWS, 11 AM news, right? Well, we still don't know the 830 00:45:25,520 --> 00:45:28,640 time zone, so maybe she just delayed the previous 831 00:45:28,640 --> 00:45:29,320 announcement. Who knows? 832 00:45:30,240 --> 00:45:32,800 It's not so. It's not, no, it's pumping. 833 00:45:34,360 --> 00:45:36,000 This whole sell off has been bought back. 834 00:45:36,160 --> 00:45:38,840 All right, this time tomorrow do we get a strategic picker? 835 00:45:38,840 --> 00:45:41,400 I've got I've. Got people telling me this is 836 00:45:41,400 --> 00:45:43,600 nothing I I still don't. Blame Green. 837 00:45:43,760 --> 00:45:48,040 OH, it's pumping. I think we've definitely got. 838 00:45:48,200 --> 00:45:55,080 MSR This could be BSR Mendo I think so, yeah. 839 00:45:55,880 --> 00:45:58,880 What's the number one asset you would want to own which isn't 840 00:45:58,880 --> 00:46:06,240 Bitcoin if this is no or Trump? Or Trump or far coin those 3 in 841 00:46:06,240 --> 00:46:09,480 order. I think Trump would God candle 842 00:46:09,640 --> 00:46:12,120 on on associated for background reserve. 843 00:46:13,640 --> 00:46:14,960 Trump is probably the number, yeah. 844 00:46:14,960 --> 00:46:20,320 After Bitcoin is Trump I think. I think Trump, but Trump pumps 845 00:46:20,320 --> 00:46:23,360 Solana in a way too so honestly I'm dead serious. 846 00:46:23,360 --> 00:46:26,440 Like Bitcoin, Trump, Solana, Far Coin. 847 00:46:28,960 --> 00:46:31,000 And here's the reason why. Radium is actually the number 848 00:46:31,000 --> 00:46:32,560 one coin you want to own. Exactly. 849 00:46:33,120 --> 00:46:35,080 No one says it and it keeps on going high, guys. 850 00:46:41,640 --> 00:46:43,280 You know what though? Or. 851 00:46:43,920 --> 00:46:46,800 Play different different things and then they will go lower. 852 00:46:47,240 --> 00:46:48,960 It's funny. For so many reasons, but it's 853 00:46:48,960 --> 00:46:53,600 also funny because it's true. You must be up a lot right now 854 00:46:53,600 --> 00:46:56,640 on this call. Yeah, like it's. 855 00:46:56,640 --> 00:46:59,880 This is a gorgeous chart, and you're right. 856 00:46:59,920 --> 00:47:04,120 I mean fixing shovels, right? Unit swap trades at $14 billion. 857 00:47:04,480 --> 00:47:07,640 What still? Unit swap trades nearly at $15 858 00:47:07,640 --> 00:47:12,800 billion for what doesn't have a buy back does 1/5 of the volume 859 00:47:12,920 --> 00:47:19,880 of radium. Absurd, absurd, absurd. 860 00:47:19,880 --> 00:47:22,640 Even Jupiter does more than unit swap and doesn't trade like 861 00:47:22,640 --> 00:47:24,720 that. But did you clean your eye drop 862 00:47:24,720 --> 00:47:27,080 yesterday? No, I'm, I'm waiting. 863 00:47:27,800 --> 00:47:30,120 For what? I just, you know, I just like to 864 00:47:30,120 --> 00:47:31,680 leave it there, see what happens. 865 00:47:32,800 --> 00:47:34,200 You got 3 minutes to claim it, right? 866 00:47:34,200 --> 00:47:35,320 Why? Don't you leave it in your 867 00:47:35,320 --> 00:47:37,440 wallet? Yeah, maybe. 868 00:47:40,720 --> 00:47:44,080 I love that this man's too rich bro. 869 00:47:44,080 --> 00:47:47,280 He's got a half $1,000,000 AirDrop waiting on this winner. 870 00:47:47,680 --> 00:47:52,680 He doesn't want to claim it. This is it's my rainy. 871 00:47:52,760 --> 00:47:54,360 Day. It's my rainy day fund when I 872 00:47:54,360 --> 00:47:55,080 came in. It's your. 873 00:47:55,360 --> 00:48:00,440 Rainy day fund. You're you're not a real human 874 00:48:00,440 --> 00:48:03,120 being, dude. I you're not serious, dude. 875 00:48:03,640 --> 00:48:06,040 That is so funny. That is so funny. 876 00:48:06,040 --> 00:48:09,040 All right, look, is is fair sight in the room with us right 877 00:48:09,040 --> 00:48:11,680 now because I want to get fair sight done and at 11 AMI want to 878 00:48:11,680 --> 00:48:14,600 pump the Trump thing on. So I'm already cancelling my 879 00:48:14,600 --> 00:48:17,400 next call. Do we have drew in the house? 880 00:48:17,400 --> 00:48:19,280 I know he's on. What's up, Drew? 881 00:48:19,760 --> 00:48:21,880 What's up boys, How we doing? How you doing man? 882 00:48:21,880 --> 00:48:22,840 You good? Yeah. 883 00:48:22,840 --> 00:48:24,320 Can you see me? I'm in a small out of New 884 00:48:24,320 --> 00:48:26,400 Hampshire for my Wi-Fi that. Kind of shit, just want to 885 00:48:26,600 --> 00:48:28,480 confirm. Are you the Andrew on X 886 00:48:28,480 --> 00:48:31,600 requesting? No, I don't think so. 887 00:48:32,200 --> 00:48:34,320 OK, I just want to make because there's a Andrew requesting that 888 00:48:34,320 --> 00:48:35,960 Drew here. So I don't want to let the wrong 889 00:48:35,960 --> 00:48:38,640 person on the stage. Everybody hang tight because in 890 00:48:38,640 --> 00:48:40,640 about 10 minutes, President Trump's going to be making 891 00:48:40,640 --> 00:48:43,680 remarks and there's a chance that we we stay on or not. 892 00:48:43,680 --> 00:48:46,440 I'll let you guys know soon. But Drew, I mean, if you've been 893 00:48:46,440 --> 00:48:49,200 following the show every day at 10:00 AM Eastern Standard Time, 894 00:48:49,200 --> 00:48:52,440 every morning I go through the ad read with Fair Side Network 895 00:48:52,440 --> 00:48:55,720 who have been sponsoring us for a moment now chat to you guys 896 00:48:55,720 --> 00:48:59,320 really appreciate showing us support and and important show 897 00:48:59,320 --> 00:49:02,280 and rock radio as a whole. So Drew, man, give us a little 898 00:49:02,280 --> 00:49:04,840 background who you are and what Fair Side Network is, because 899 00:49:04,840 --> 00:49:05,920 what you guys are doing is important. 900 00:49:06,560 --> 00:49:08,640 Yeah, so I mean, I've been in the space for a long time, you 901 00:49:08,640 --> 00:49:12,280 know, mostly a lurker on X, but I've been here since like 2017, 902 00:49:12,280 --> 00:49:16,520 kind of like an old school ETH guy and like a degenerate, you 903 00:49:16,520 --> 00:49:20,560 know, like I've been working on this product for like a long 904 00:49:20,560 --> 00:49:22,560 time. Basically it's a form of a wall 905 00:49:22,560 --> 00:49:24,680 training coverage like you say on your show every day. 906 00:49:24,960 --> 00:49:28,600 And we're just like trying to trying to provide a backstop and 907 00:49:28,600 --> 00:49:31,440 a lifesaver for people who, you know, get wrecked in the space, 908 00:49:31,440 --> 00:49:34,200 move too fast, don't use right security tools and ultimately 909 00:49:34,200 --> 00:49:36,920 and left with like nothing when they wake up and they checked 910 00:49:36,920 --> 00:49:39,200 their wallet. Yeah, I mean, this is crazy. 911 00:49:39,200 --> 00:49:41,000 Like, by the way, this is very, very legitimate. 912 00:49:41,000 --> 00:49:42,480 Like you guys should have a look at it. 913 00:49:42,560 --> 00:49:44,680 I'm on the website sharing on video if you guys want to check 914 00:49:44,680 --> 00:49:46,720 it out. But past three months, there 915 00:49:46,720 --> 00:49:52,120 were 47,000 victims of crypto theft totalling $120 million in 916 00:49:52,120 --> 00:49:55,120 losses. And this is really, really wild. 917 00:49:55,120 --> 00:49:56,920 And it's non-stop, especially bull markets, right? 918 00:49:57,040 --> 00:50:00,320 I think you you probably agree with that. 919 00:50:00,640 --> 00:50:02,280 Yeah. Someone asking, does Wizard use 920 00:50:02,280 --> 00:50:03,680 fair sight? That's not funny. 921 00:50:03,840 --> 00:50:06,080 Too soon, homie. Lost the punk the other day. 922 00:50:08,000 --> 00:50:10,640 That's not funny, dude. It's crazy. 923 00:50:10,640 --> 00:50:13,520 So so tell us more like how does crypto, how does it work? 924 00:50:13,520 --> 00:50:16,440 And then crypto specifically like coverage like insurance for 925 00:50:16,440 --> 00:50:19,760 crypto scams. Yeah, I mean, for us it's it's 926 00:50:19,760 --> 00:50:22,080 pretty simple, right? Like what we're doing is we're 927 00:50:22,080 --> 00:50:25,480 offering like a full spectrum coverage for all the assets you 928 00:50:25,480 --> 00:50:28,160 hold in your wallet. So like you know, and wallets so 929 00:50:28,160 --> 00:50:33,040 like sole ETH, Bitcoin NFTS, ordinals on Bitcoin network, 930 00:50:33,040 --> 00:50:36,360 RWAS, all the shit like that. We cover a bunch of networks. 931 00:50:36,360 --> 00:50:39,680 Like you can see up there, it's not just ETH, it's ETH 932 00:50:39,720 --> 00:50:43,200 compatible chains, L twos, like I said, Bitcoin network, Solana, 933 00:50:43,440 --> 00:50:45,480 pretty much everything that people are interacting with this 934 00:50:45,640 --> 00:50:47,480 these days. It's cheap too. 935 00:50:47,520 --> 00:50:51,360 It's like, you know, 1.95% up to a maximum coverage amount of 936 00:50:51,360 --> 00:50:54,320 100. And when you sign up for 937 00:50:54,320 --> 00:50:57,640 coverage, you sign up with a wallet, single wallet. 938 00:50:57,680 --> 00:51:00,280 We suggest you use that as like your user ID and then you can 939 00:51:00,280 --> 00:51:04,000 add nine other wallets up to a total of 10 wallets. 940 00:51:04,120 --> 00:51:06,160 So pretty much like, you know, we believe in good wallet 941 00:51:06,160 --> 00:51:07,640 hygiene. Obviously you shouldn't have all 942 00:51:07,640 --> 00:51:09,680 your assets in one wallet on one network. 943 00:51:09,680 --> 00:51:12,680 You should spread them out and so you can Add all those wallets 944 00:51:12,960 --> 00:51:16,200 to your membership so all those can stay covered while you're 945 00:51:16,200 --> 00:51:19,400 doing whatever you want to do. Interesting. 946 00:51:19,400 --> 00:51:22,880 Wow, it's funny you guys, I've never heard of like coverage for 947 00:51:22,880 --> 00:51:24,840 like crypto scams and stuff like that until fair sight because 948 00:51:24,840 --> 00:51:26,120 you guys sponsored us also last year. 949 00:51:26,120 --> 00:51:28,640 I remember came on the show and then obviously you've been doing 950 00:51:28,640 --> 00:51:30,400 this for a few months now with us again. 951 00:51:30,480 --> 00:51:33,240 And so you guys have really been cooking since Damn this is. 952 00:51:33,240 --> 00:51:34,240 Really. Yeah, We've been cooking for a 953 00:51:34,240 --> 00:51:35,920 long time. It's been a fucking rough Rd. 954 00:51:35,920 --> 00:51:39,080 too, because, you know, we've been tinkering with all these 955 00:51:39,080 --> 00:51:41,760 different kinds of insurance coverage for a long time. 956 00:51:41,760 --> 00:51:44,000 And like there are certain products out there that have 957 00:51:44,000 --> 00:51:46,800 tried to do like these big global events, you know, like 958 00:51:46,960 --> 00:51:49,640 smart contract tax and exchange and solvencies and stuff like 959 00:51:49,640 --> 00:51:51,280 that. But we don't do that. 960 00:51:51,280 --> 00:51:53,480 Like we focuses at like the retail level. 961 00:51:53,640 --> 00:51:56,440 So anyone that has a personal wallet can actually get coverage 962 00:51:57,440 --> 00:51:59,840 for these events that leave them with nothing because there's 963 00:51:59,840 --> 00:52:01,960 security tools out there that are awesome through things like 964 00:52:01,960 --> 00:52:05,240 transaction simulation, blacklist websites, whatever. 965 00:52:05,480 --> 00:52:09,600 But there's like there's no recourse for when those tools 966 00:52:09,760 --> 00:52:12,160 miss something or when you don't have those tools. 967 00:52:12,160 --> 00:52:15,680 Or like if you're like me and you move super fast in the past, 968 00:52:15,880 --> 00:52:18,760 kind of like get tunnel vision because you're getting FOMO on 969 00:52:18,760 --> 00:52:21,880 something and you end up getting taken advantage of, advantage 970 00:52:21,880 --> 00:52:23,800 of, like there's just nothing for it, right? 971 00:52:23,800 --> 00:52:26,280 And, and consumer protection is funny. 972 00:52:26,520 --> 00:52:28,800 No one really gives a shit about it until it actually happens to 973 00:52:28,800 --> 00:52:31,240 them. But you know, it's something 974 00:52:31,240 --> 00:52:33,760 that the space is missing because like for new users 975 00:52:33,760 --> 00:52:37,640 coming into it, if these new users get got by like a drainer 976 00:52:37,640 --> 00:52:40,600 or, you know, get social engineered or, you know, click 977 00:52:40,600 --> 00:52:44,080 on a, you know, malicious link that ends up downloading malware 978 00:52:44,080 --> 00:52:46,160 when they're trying to like get some new web three-game. 979 00:52:46,360 --> 00:52:48,040 Like they're not going to stay in the space. 980 00:52:48,040 --> 00:52:50,520 And then all their friends that were on the cusp that were 981 00:52:50,520 --> 00:52:52,760 asking them whether or not they should join are all going to get 982 00:52:52,760 --> 00:52:55,240 told to stay away too. You know, So like when we're 983 00:52:55,240 --> 00:52:58,600 talking about onboarding, like the new wave of Web 3 users, 984 00:52:58,840 --> 00:53:01,640 these are the things that like I feel are pretty essential to 985 00:53:01,640 --> 00:53:03,800 keeping those people in the space and give them the 986 00:53:03,800 --> 00:53:06,240 confidence that they need in order to really start 987 00:53:06,240 --> 00:53:07,680 interacting with the way that we do. 988 00:53:08,560 --> 00:53:09,520 Interesting. This is cool man. 989 00:53:09,520 --> 00:53:11,400 Your branding is good. Jeez, love it. 990 00:53:11,440 --> 00:53:12,280 Oh. Dude, thank you. 991 00:53:12,280 --> 00:53:14,640 Yeah, yeah, yeah. It's, it's, it's we've, we've 992 00:53:14,640 --> 00:53:16,360 worked really hard on that. Like we have kind of like 993 00:53:16,360 --> 00:53:18,840 serious side of it That's, you know, obviously like the main 994 00:53:18,840 --> 00:53:20,480 product brand. And they also have this 995 00:53:20,480 --> 00:53:24,120 character called Doggy Daddy. Yeah, yeah, yeah, yeah. 996 00:53:24,120 --> 00:53:25,600 Like, yeah. You've seen the videos before. 997 00:53:25,800 --> 00:53:29,840 It's kind of like, yeah, it's like this Adult Swim style of 998 00:53:30,080 --> 00:53:32,280 animation and storytelling. Like, I don't know if you've 999 00:53:32,280 --> 00:53:34,040 ever watched off between Hunger Force when you were growing up, 1000 00:53:34,040 --> 00:53:37,680 but a lot of people tell us that he reminds us of Carl or reminds 1001 00:53:37,680 --> 00:53:39,360 him of Carl characters like that. 1002 00:53:39,600 --> 00:53:42,560 And basically, you know, he's like our brand ambassador and 1003 00:53:42,560 --> 00:53:45,360 spiritual guru. And obviously being in crypto is 1004 00:53:45,360 --> 00:53:47,480 super stressful. So we traded this dude that we 1005 00:53:47,480 --> 00:53:49,840 relate to who's, you know, degenerate, kept getting 1006 00:53:50,000 --> 00:53:51,560 wrecked. And his story is like one of 1007 00:53:51,560 --> 00:53:53,000 these things with like panic to peace. 1008 00:53:53,000 --> 00:53:55,760 And we've made videos that have started to tell this, like from 1009 00:53:55,760 --> 00:53:58,520 the roots of this degeneracy as an NFT and meme coin trader 1010 00:53:58,720 --> 00:54:00,720 who's been constantly getting drained and scammed. 1011 00:54:00,960 --> 00:54:03,760 He lives in like a garage in San Diego when you first meet him 1012 00:54:03,760 --> 00:54:07,240 and only has this tiny dog, his companion, his wife has left 1013 00:54:07,240 --> 00:54:08,960 him. You know, his life and bags are 1014 00:54:08,960 --> 00:54:10,720 in shambles. He can't seem to stop the 1015 00:54:10,720 --> 00:54:12,080 vicious cycle of wallet draining. 1016 00:54:12,680 --> 00:54:15,320 And then one day, you know, he's introduced, introduced to our 1017 00:54:15,320 --> 00:54:17,480 wallet draining coverage. And it finally brings him the 1018 00:54:17,480 --> 00:54:19,840 safety net that he's been looking for to find peace, you 1019 00:54:19,840 --> 00:54:21,320 know, once again. And so there. 1020 00:54:21,320 --> 00:54:22,840 He turns. In more of like a spiritual 1021 00:54:22,880 --> 00:54:25,880 guide who tries to spread the word of Fair side security best 1022 00:54:25,880 --> 00:54:29,480 practices and wallet hygiene and you know, save people getting 1023 00:54:29,480 --> 00:54:31,560 fully wrecked. And like, I literally have seen 1024 00:54:31,560 --> 00:54:35,280 a tweet from you before that just said NFT storytelling and 1025 00:54:35,320 --> 00:54:39,360 like storytelling and having fun is such an important space. 1026 00:54:39,360 --> 00:54:42,000 It's like how you really maintain people's like attention 1027 00:54:42,000 --> 00:54:44,600 span and meme coins are doing this. 1028 00:54:44,600 --> 00:54:46,840 The best now was NFTS. Those communities are kind of 1029 00:54:46,840 --> 00:54:49,120 transitioned over. But that's exactly the thing 1030 00:54:49,120 --> 00:54:51,360 we're kind of trying to do. Like, you know, we, we aren't 1031 00:54:51,360 --> 00:54:54,520 just like a team of developers and like people that have been 1032 00:54:54,720 --> 00:54:57,520 like primarily just working the space, developing businesses. 1033 00:54:57,800 --> 00:55:01,040 We also have like a a team of creatives that like a creative 1034 00:55:01,040 --> 00:55:04,800 director leads who's on boarded, you know, these animators and 1035 00:55:04,960 --> 00:55:07,320 demonstrators and storytellers to be able to create characters 1036 00:55:07,320 --> 00:55:09,960 like Doggy Daddy. That can kind of be the hook 1037 00:55:10,160 --> 00:55:12,840 that gets people into fair side because no one cares about 1038 00:55:12,840 --> 00:55:15,800 insurance until you actually get affected by something shitty, 1039 00:55:15,880 --> 00:55:18,040 right? No one actually cares, but we're 1040 00:55:18,040 --> 00:55:20,720 hoping that people will have fun with Doggy Daddy and through 1041 00:55:20,720 --> 00:55:24,280 that care about our product too. It's good shit. 1042 00:55:24,280 --> 00:55:25,720 I love that. I was going to ask you who doggy 1043 00:55:25,720 --> 00:55:27,880 daddy is anyway, so that's good you went in there yourself. 1044 00:55:28,080 --> 00:55:29,520 I love that. I mean it's true because the 1045 00:55:29,520 --> 00:55:32,600 product is boring, right? Insurance Ledger Ledger has the 1046 00:55:32,600 --> 00:55:35,440 same problem, right? Like security is boring, right? 1047 00:55:35,440 --> 00:55:36,920 Nobody likes talking about security. 1048 00:55:36,920 --> 00:55:39,760 Nobody likes hearing about security, but at the end of the 1049 00:55:39,760 --> 00:55:43,800 day is arguably the most important thing you know in in 1050 00:55:43,800 --> 00:55:45,280 crypto because you are your own bank. 1051 00:55:45,760 --> 00:55:49,240 And with that comes the risk of losing everything in one 1052 00:55:49,240 --> 00:55:52,840 transaction, the one wrong signature and you lose 1053 00:55:52,840 --> 00:55:54,840 everything you have right. And we have a lot of listeners. 1054 00:55:54,840 --> 00:55:56,400 There's thousands of people listening to us right now 1055 00:55:57,000 --> 00:55:58,960 because of the titles, everything with 1000 plus on 1056 00:55:59,280 --> 00:56:01,120 spaces and probably 1000 plus on videos. 1057 00:56:01,120 --> 00:56:04,080 So super important for you guys to to hear this, no matter how 1058 00:56:04,080 --> 00:56:07,120 boring it is and these guys are trying to make it fun with this 1059 00:56:07,120 --> 00:56:09,080 doggy daddy dude that I was sharing on the show. 1060 00:56:09,680 --> 00:56:11,960 Some good content as we showed the video last week on the show. 1061 00:56:11,960 --> 00:56:14,440 Actually, we played it. So it was it was a lot of fun. 1062 00:56:14,480 --> 00:56:17,960 And so and so what's the what's the deal with this pre sale 1063 00:56:17,960 --> 00:56:19,080 thing? So let's get to that, right? 1064 00:56:19,080 --> 00:56:22,280 Like we talked about the product about Dongy daddy went on there. 1065 00:56:22,640 --> 00:56:25,760 I can tell it's token season. I mean, the president, the 1066 00:56:25,760 --> 00:56:27,640 president's dropping the meme coin. 1067 00:56:27,960 --> 00:56:30,960 You know, it's token season. I'm on the website and there's 1068 00:56:30,960 --> 00:56:33,480 something that that sparks my attention here. 1069 00:56:33,680 --> 00:56:37,200 It says presale now live, register for coverage to 1070 00:56:37,200 --> 00:56:40,240 purchase fare, get VC level entry. 1071 00:56:40,520 --> 00:56:43,240 What? Yes, So, so yeah, the way that 1072 00:56:43,240 --> 00:56:46,120 it works is like, look, we, you know, feel like, you know, 1073 00:56:46,120 --> 00:56:49,480 there's an imbalance of power in the space between VCs, you know, 1074 00:56:49,480 --> 00:56:51,600 kind of insiders, cabal, whatever you want to call them, 1075 00:56:51,600 --> 00:56:54,640 and then just the retail trader. And, you know, we are trying to 1076 00:56:54,640 --> 00:56:57,120 make a product that like really serves the consumer. 1077 00:56:57,320 --> 00:57:00,080 And So what we're doing is like we're offering people to, you 1078 00:57:00,080 --> 00:57:03,360 know, sign up for our coverage and purchase an allocation of 1079 00:57:03,360 --> 00:57:07,360 the token at the same price, VCs and also so literally like I got 1080 00:57:07,360 --> 00:57:10,160 it as a founder, which is $0.24 per token. 1081 00:57:10,440 --> 00:57:13,840 And, you know, we feel like that is just like a, you know, a very 1082 00:57:13,840 --> 00:57:17,840 strong narrative to, you know, draw people into wanting to, you 1083 00:57:17,840 --> 00:57:20,320 know, help kick start this community with us and really 1084 00:57:20,320 --> 00:57:23,320 support the product because they feel like they're being treated 1085 00:57:23,320 --> 00:57:26,320 as equals where, you know, so often they're not. 1086 00:57:28,200 --> 00:57:30,120 No, 100% I love that. So what are the details here? 1087 00:57:30,120 --> 00:57:32,000 How does one get involved? Is it just what I'm doing here 1088 00:57:32,000 --> 00:57:32,720 on the website? Yeah. 1089 00:57:32,720 --> 00:57:35,920 So basically you go to the pre sale site and the the whole 1090 00:57:35,920 --> 00:57:39,440 dynamic of it is that like if you purchase any amount of our 1091 00:57:39,440 --> 00:57:42,760 coverage, you'll also be offered an allocation of the token to 1092 00:57:42,760 --> 00:57:44,680 purchase. And that is going to be up to 1093 00:57:44,680 --> 00:57:48,320 50% of your coverage amount, up to a maximum of 10 ETH. 1094 00:57:48,560 --> 00:57:50,440 And the coverage is is cheap man. 1095 00:57:50,440 --> 00:57:56,520 It's like, you know, basically $195 to be able to purchase 10 1096 00:57:56,640 --> 00:57:59,200 ETH in coverage, which is a pretty significant amount of of 1097 00:57:59,200 --> 00:58:01,440 coverage for like the everyday user, right? 1098 00:58:01,440 --> 00:58:04,160 Like a lot of insurance is super prohibitive when it comes to the 1099 00:58:04,160 --> 00:58:08,640 cost, but ours is not. And so it's a pretty small 1100 00:58:08,640 --> 00:58:12,320 barrier to entry in order to then be able to buy like from 1101 00:58:12,320 --> 00:58:15,560 the amount I just said, 10 ETH, 5 ETH in the token at the same 1102 00:58:15,560 --> 00:58:17,920 price as VCs. Like we're really committed to 1103 00:58:17,920 --> 00:58:20,720 the consequent fair launch. You know, there's no token lock 1104 00:58:20,720 --> 00:58:23,280 UPS except for the team. We're, you know, vested over the 1105 00:58:23,280 --> 00:58:25,640 course of 36 months. So like we're not getting out 1106 00:58:25,640 --> 00:58:27,160 anytime soon. We're not going to be able to 1107 00:58:27,160 --> 00:58:29,960 use anyone who's the liquidity. Ultimately, we're just like 1108 00:58:29,960 --> 00:58:32,840 holding our own bags. And so we're hoping that people, 1109 00:58:32,840 --> 00:58:35,120 you know, really find this attractive because again, 1110 00:58:35,400 --> 00:58:37,280 insurance is not super attractive. 1111 00:58:37,960 --> 00:58:40,360 You know, like we're not a part of a current meta yet. 1112 00:58:40,360 --> 00:58:42,840 Hopefully we will be at some point soon when, you know, kind 1113 00:58:42,840 --> 00:58:46,040 of utility starts to draw people towards these projects more 1114 00:58:46,600 --> 00:58:48,800 rather than just like, you know, what's the next mean point in 1115 00:58:48,800 --> 00:58:51,880 playing the soul casino and AI agents and all those things and 1116 00:58:51,880 --> 00:58:54,480 basically the vaporware that actually exists in space. 1117 00:58:55,320 --> 00:58:58,920 So yeah, we think it's a pretty like a compelling narrative to, 1118 00:58:59,160 --> 00:59:02,120 you know, attract people to the product and get them to want to, 1119 00:59:02,120 --> 00:59:04,760 you know, buy the token early. And we'll be launching on 1120 00:59:04,760 --> 00:59:06,960 Abstract once their main net goes live. 1121 00:59:07,360 --> 00:59:09,640 We, you know, we're in talks with like a bunch of different L 1122 00:59:09,640 --> 00:59:11,720 twos thought about launching this on like, you know, the 1123 00:59:11,720 --> 00:59:13,080 theory of main chain for a long time. 1124 00:59:13,080 --> 00:59:17,040 But we really think abstract is approaching the consumer side of 1125 00:59:17,040 --> 00:59:19,520 the industry in the right way. And they're running their 1126 00:59:19,520 --> 00:59:22,200 company like this like lean hungry ass startup and like 1127 00:59:22,200 --> 00:59:24,600 anyone that like wants to fade Luca and the chip on his 1128 00:59:24,600 --> 00:59:28,080 shoulder, like beware because it's probably not going to 1129 00:59:28,080 --> 00:59:31,160 workout well for you. And you know, we're here to 1130 00:59:31,160 --> 00:59:33,920 serve consumers. We think that we can help with 1131 00:59:33,960 --> 00:59:36,920 onboarding the next wave of them into the space by providing this 1132 00:59:36,920 --> 00:59:41,200 kind of consumer protection that Abstract is trying to do too. 1133 00:59:41,400 --> 00:59:44,320 And in terms of the way that they market their product and 1134 00:59:44,320 --> 00:59:47,480 they try to target consumers, it's very similar to how we're 1135 00:59:47,480 --> 00:59:50,960 trying to have fun and target consumers as well with Doggy 1136 00:59:50,960 --> 00:59:54,200 Daddy and draw them into our product, just like Abstract is 1137 00:59:54,200 --> 00:59:56,120 trying to do with drawing people into Abstract chain. 1138 00:59:56,560 --> 00:59:58,560 Yeah. No, this look, I am aligned. 1139 00:59:58,920 --> 01:00:01,400 We are aligned. Yeah, we're launching, I mean, 1140 01:00:01,640 --> 01:00:06,400 tomorrow at. 5:00 PM UTC Myriad Markets is going to a blackout 1141 01:00:06,560 --> 01:00:08,560 for obvious reasons. We're migrating the entire 1142 01:00:08,560 --> 01:00:12,480 platform over to Abstract. So it's yeah. 1143 01:00:12,520 --> 01:00:15,240 So look, we're, we're going to be building on the same chain, 1144 01:00:15,240 --> 01:00:16,560 brother. I love that. 1145 01:00:17,240 --> 01:00:19,600 Anyway, I'll see you there. I'll see, I'll, I'll see you. 1146 01:00:19,600 --> 01:00:22,320 I'll see you on Abstract. Listen, fairside dot network. 1147 01:00:22,600 --> 01:00:25,160 This is the website, is it No fair side. 1148 01:00:25,160 --> 01:00:29,840 I'm sorry, fair side IO. I'm sorry, fair side FAIRSIDE 1149 01:00:29,880 --> 01:00:31,920 dot IO. If you're interested in what 1150 01:00:31,920 --> 01:00:34,280 Drew had to say here today, definitely check it out. 1151 01:00:34,280 --> 01:00:36,680 Fair side. We've also pinned the tweet in 1152 01:00:36,680 --> 01:00:38,760 the in the Twitter space. I know there's 1000 people still 1153 01:00:38,760 --> 01:00:40,400 listening on there. Check it out. 1154 01:00:40,400 --> 01:00:42,200 It's been up there. This is our show sponsors. 1155 01:00:42,400 --> 01:00:44,400 They're awesome. They're good people and they run 1156 01:00:44,640 --> 01:00:46,480 a great company. So Drew, thank you so much for 1157 01:00:46,480 --> 01:00:47,640 coming today. Appreciate you man. 1158 01:00:47,920 --> 01:00:48,920 Yeah. Appreciate you guys all. 1159 01:00:49,600 --> 01:00:50,520 Right. Have a good one brother. 1160 01:00:50,920 --> 01:00:53,200 Cheers. All right, all right well, the 1161 01:00:53,200 --> 01:00:57,640 moment you've all waited for Tyler dude, CZ while drew was 1162 01:00:57,640 --> 01:01:03,480 talking, tweeted that the the BSR is pretty much a lock. 1163 01:01:06,440 --> 01:01:08,960 So let's see what that means. Let's see it's. 1164 01:01:09,160 --> 01:01:14,600 Interesting, right? I think the like the column 1165 01:01:14,600 --> 01:01:17,320 headed take here is is probably a lock. 1166 01:01:17,840 --> 01:01:20,560 Doesn't mean it's a lock for today, it means it's a lock to. 1167 01:01:20,560 --> 01:01:21,520 Come. There's been an announcement of 1168 01:01:21,520 --> 01:01:27,160 1 coming this year though. 25 the the events that have 1169 01:01:27,160 --> 01:01:28,760 transpired in the last hour make. 1170 01:01:29,440 --> 01:01:32,280 Dude. Yeah, let's take. 1171 01:01:32,280 --> 01:01:35,680 A look flying, flying, we call this, we call this a 20%. 1172 01:01:37,040 --> 01:01:39,480 Yeah, folks, I, so I actually pulled this up this morning 1173 01:01:39,600 --> 01:01:41,560 because I was very curious and it was at 29%. 1174 01:01:41,560 --> 01:01:43,960 So it's, it's up substantially. Wow. 1175 01:01:44,000 --> 01:01:46,520 All right, Bitcoin's moving here, folks. 1176 01:01:46,520 --> 01:01:49,440 It's 105.5. Dude, we call this on the show 1177 01:01:49,440 --> 01:01:53,160 at 20% for the newcomers. We tend to have some pretty good 1178 01:01:53,160 --> 01:01:56,760 calls on the show. So I like that. 1179 01:01:56,760 --> 01:01:59,480 I like this line. What are we 105 four? 1180 01:01:59,480 --> 01:02:01,760 So the, the, the the stream hasn't started yet. 1181 01:02:01,760 --> 01:02:05,440 We should, we should run with the, with the giveaways here and 1182 01:02:05,440 --> 01:02:07,960 then maybe play a stream or not or just go with our days. 1183 01:02:08,600 --> 01:02:11,280 But let's do a giveaway. So we'll have to pick from the 1184 01:02:11,280 --> 01:02:13,960 audience. We're going to pick two people 1185 01:02:14,520 --> 01:02:16,840 from the audience to come on stage and you're going to have 1186 01:02:16,840 --> 01:02:19,800 the chance to either win a red guy NFT for worth $1500 or 1187 01:02:19,800 --> 01:02:23,680 crypto punk worth $140,000. I think today is a perfect day. 1188 01:02:25,520 --> 01:02:28,280 You know, I think today is a perfect day to to give away a 1189 01:02:28,280 --> 01:02:29,200 punk. What do you think, Tyler? 1190 01:02:30,160 --> 01:02:31,960 Good day for a punk. Good day for a punk. 1191 01:02:31,960 --> 01:02:33,640 All right. Well, the way we're going to do 1192 01:02:33,640 --> 01:02:37,880 this is very simple, Tyler. So you guys have to retweet the 1193 01:02:37,880 --> 01:02:39,320 Twitter Spaces. If you did not retweet the 1194 01:02:39,320 --> 01:02:41,720 Twitter Spaces and I go on your page and you win, I'm just going 1195 01:02:41,800 --> 01:02:44,880 to undo your win. And you have to be following us. 1196 01:02:44,880 --> 01:02:47,360 So, you know we're going to do it like that. 1197 01:02:48,320 --> 01:02:52,520 Oh, hold on. Do you want to stay on for 1198 01:02:52,520 --> 01:02:53,160 Trump? What? 1199 01:02:53,960 --> 01:02:55,600 I'm done saying I don't. I don't really have anything to 1200 01:02:55,600 --> 01:02:56,960 do. As I said it on Twitter, I 1201 01:02:56,960 --> 01:02:59,280 cleared my schedule when we when Loomis tweeted. 1202 01:02:59,280 --> 01:03:03,080 Yeah, he's talking now. Hold on. 1203 01:03:03,480 --> 01:03:04,960 What great honour and pleasure I. 1204 01:03:05,280 --> 01:03:07,920 Have to go. Back to the Davos community, 1205 01:03:09,440 --> 01:03:13,440 just four days into your new mandate. 1206 01:03:14,640 --> 01:03:16,560 For the record, I don't think Trump is going to address the 1207 01:03:16,560 --> 01:03:19,840 World Economic Forum, announced the United States strategic 1208 01:03:19,840 --> 01:03:21,760 people in. All the best. 1209 01:03:22,320 --> 01:03:26,560 Power as you take all. Your critical walk ahead. 1210 01:03:27,960 --> 01:03:30,760 It's possible. The challenges we face today are 1211 01:03:32,200 --> 01:03:35,520 monumental. It's the importance of American 1212 01:03:35,520 --> 01:03:39,480 leadership and your personal leadership in this regard. 1213 01:03:40,400 --> 01:03:43,800 I think if you are a bull, you have to be happy about how much 1214 01:03:43,800 --> 01:03:47,920 you talked about. The Russian and policies 1215 01:03:48,240 --> 01:03:51,160 relating to revitalizing the economy. 1216 01:03:51,760 --> 01:03:53,280 Thousands of times. Talking. 1217 01:03:54,480 --> 01:03:56,480 About crypto. As. 1218 01:03:57,600 --> 01:03:58,920 You might expect, Mr. President, every. 1219 01:03:58,920 --> 01:04:01,200 Day we've got World Bank. You know how they want to 1220 01:04:01,200 --> 01:04:03,240 transact crypto this morning I'm even speaking I. 1221 01:04:03,960 --> 01:04:07,000 Hear folks all the watch the fewer truth all their. 1222 01:04:07,120 --> 01:04:12,400 Family saying that they are open and one time they're waiting for 1223 01:04:12,440 --> 01:04:15,320 the regulatory. Clarity and. 1224 01:04:15,800 --> 01:04:21,280 The regulatory clarity is we've got a crypto friendly SEC crypto 1225 01:04:21,280 --> 01:04:25,240 task force, we've got Loomis now at the helm. 1226 01:04:26,920 --> 01:04:28,960 There's there's a large cohort of people who think her 1227 01:04:28,960 --> 01:04:31,520 announcement was simply that she is the chair and that she was 1228 01:04:31,520 --> 01:04:36,440 just kind of pumping her own backs that that could be the 1229 01:04:36,440 --> 01:04:37,920 case. I don't think so dude. 1230 01:04:38,160 --> 01:04:41,080 See it's a one O 6 dude. Yeah. 1231 01:04:43,200 --> 01:04:45,160 I mean, I do think that from a standard standpoint, it's not a 1232 01:04:45,160 --> 01:04:50,800 great tweet, you know? We're in a we're in a new era. 1233 01:04:50,880 --> 01:04:52,400 We're in a new era. Now this is. 1234 01:04:53,000 --> 01:04:56,800 Beautiful Davos. This has been a truly historic 1235 01:04:56,800 --> 01:05:00,920 week in the United States. Three days ago I took the oath 1236 01:05:00,920 --> 01:05:05,640 of office and we began the Golden age of America. 1237 01:05:06,400 --> 01:05:10,360 The recent presidential election was won by millions of votes and 1238 01:05:10,360 --> 01:05:13,760 all 7, every one of them, all 7 swing states. 1239 01:05:14,320 --> 01:05:17,720 It was a massive mandate from the American people like hasn't 1240 01:05:17,720 --> 01:05:22,320 been seen in many years and some of the political pundits, even 1241 01:05:22,320 --> 01:05:25,000 some of my so-called enemies, said it was the most 1242 01:05:25,000 --> 01:05:29,000 consequential election victory in 129 years. 1243 01:05:29,000 --> 01:05:32,280 That's quite nice. What the world has witnessed in 1244 01:05:32,280 --> 01:05:36,400 the past 72 hours is nothing less than a revolution of common 1245 01:05:36,400 --> 01:05:38,760 sense. Our country will soon be 1246 01:05:38,760 --> 01:05:41,960 stronger, wealthier, and more united than ever before, and the 1247 01:05:41,960 --> 01:05:45,600 entire planet will be more peaceful and prosperous as a 1248 01:05:45,600 --> 01:05:48,320 result of this incredible momentum. 1249 01:05:48,320 --> 01:05:50,720 And what we're doing and going to do. 1250 01:05:51,600 --> 01:05:55,680 My administration is acting with unprecedented speed to fix the 1251 01:05:55,760 --> 01:05:59,680 disasters we've inherited from a totally inept group of people 1252 01:06:00,200 --> 01:06:03,360 and to solve every single crisis facing our country. 1253 01:06:03,840 --> 01:06:07,680 This begins with confronting the economic chaos caused by the 1254 01:06:07,960 --> 01:06:10,760 failed policies of the last administration. 1255 01:06:11,640 --> 01:06:15,520 Over the past four years, our government racked up $8 trillion 1256 01:06:15,520 --> 01:06:19,600 in wasteful deficit spending and inflicted nation wrecking energy 1257 01:06:19,840 --> 01:06:23,440 restrictions, crippling regulations and hidden taxes 1258 01:06:24,000 --> 01:06:27,360 like never before. The result is the worst 1259 01:06:27,360 --> 01:06:30,800 inflation crisis in modern history and sky high interest 1260 01:06:30,800 --> 01:06:34,200 rates for our citizens and even throughout the world. 1261 01:06:34,840 --> 01:06:38,400 Food prices and the price of almost every other thing known 1262 01:06:38,400 --> 01:06:40,720 to mankind went through the roof. 1263 01:06:41,560 --> 01:06:44,960 President Biden totally lost control of what was going on in 1264 01:06:44,960 --> 01:06:48,600 our country, but in particular with our high inflation, economy 1265 01:06:48,600 --> 01:06:51,880 and at our border. Because of these ruinous 1266 01:06:51,880 --> 01:06:55,640 policies, total government spending this year is $1.5 1267 01:06:55,640 --> 01:06:59,760 trillion higher than was projected to occur when I left 1268 01:06:59,760 --> 01:07:04,760 office just four years ago. Likewise, the cost of servicing 1269 01:07:04,760 --> 01:07:09,440 the debt is more than 230% higher than was projected in 1270 01:07:09,440 --> 01:07:12,800 2020. The inflation rate we are 1271 01:07:12,800 --> 01:07:16,280 inheriting remains 50% higher than the historic target. 1272 01:07:16,280 --> 01:07:19,760 It was the highest inflation probably in the history of our 1273 01:07:19,760 --> 01:07:22,920 country. That's why from the moment I 1274 01:07:22,920 --> 01:07:26,280 took office, I've taken rapid action to reverse each and every 1275 01:07:26,280 --> 01:07:28,960 one of these radical left policies that created this 1276 01:07:28,960 --> 01:07:32,880 calamity, in particular with immigration, crime, and 1277 01:07:32,880 --> 01:07:35,520 inflation. On day one, I signed an 1278 01:07:35,520 --> 01:07:39,040 executive order directing every member of my cabinet to Marshall 1279 01:07:39,040 --> 01:07:44,080 all powers at their disposal to defeat inflation and reduce the 1280 01:07:44,080 --> 01:07:47,920 cost of daily life. I imposed a federal hiring 1281 01:07:47,920 --> 01:07:52,360 freeze, a federal regulation freeze, a foreign aid freeze, 1282 01:07:52,720 --> 01:07:57,200 and I created the new Department of Government Efficiency. 1283 01:07:57,760 --> 01:08:02,000 I terminated the ridiculous and incredibly wasteful Green New 1284 01:08:02,320 --> 01:08:04,280 Deal. I call it the Green new scam, 1285 01:08:04,800 --> 01:08:09,440 withdrew from the one sided Paris climate Accord and ended 1286 01:08:09,440 --> 01:08:13,160 the insane and costly electric vehicle mandate. 1287 01:08:13,160 --> 01:08:15,560 We're going to let people buy the car they want to buy. 1288 01:08:16,160 --> 01:08:20,800 I declared a national energy emergency, and it's so important 1289 01:08:20,800 --> 01:08:25,600 national energy emergency to unlock the liquid gold under our 1290 01:08:25,600 --> 01:08:29,800 feet and pave the way for rapid approvals of new energy 1291 01:08:29,800 --> 01:08:33,399 infrastructure. the United States has the largest amount of 1292 01:08:33,399 --> 01:08:37,160 oil and gas of any country on earth, and we're going to use 1293 01:08:37,160 --> 01:08:39,600 it. Not only will this reduce the 1294 01:08:39,600 --> 01:08:43,319 cost of virtually all goods and services, it'll make the United 1295 01:08:43,319 --> 01:08:47,680 States a manufacturing superpower and the world capital 1296 01:08:47,680 --> 01:08:50,920 of artificial intelligence and crypto. 1297 01:08:51,760 --> 01:08:55,560 My administration has also begun the largest deregulation 1298 01:08:55,560 --> 01:08:59,120 campaign in history, marketing even the record. 1299 01:08:59,120 --> 01:09:01,160 Setting. Efforts of my last. 1300 01:09:01,160 --> 01:09:04,279 Term Whoa, whoa, whoa in. Total, the Biden administration 1301 01:09:04,279 --> 01:09:09,520 imposed $50,000 in additional regulatory costs on the average 1302 01:09:09,520 --> 01:09:14,279 American household over the last four years, I have promised to 1303 01:09:14,279 --> 01:09:16,920 eliminate 10 old regulations for. 1304 01:09:17,200 --> 01:09:19,880 Every. New regulation, which will soon. 1305 01:09:19,880 --> 01:09:22,240 Put many thousands. Of dollars back back in the 1306 01:09:22,240 --> 01:09:26,680 pockets of American to further unleash our economy. 1307 01:09:26,680 --> 01:09:31,600 Our majorities in the House and Senate, which we also took along 1308 01:09:31,600 --> 01:09:35,439 with the presidency, are going to pass the largest tax cut in 1309 01:09:35,439 --> 01:09:38,800 American history, including massive tax cuts for workers and 1310 01:09:38,800 --> 01:09:43,399 family and big tax cuts for domestic producers and 1311 01:09:43,399 --> 01:09:45,960 manufacturers. And we're working with the 1312 01:09:45,960 --> 01:09:49,439 Democrats on getting an extension of the original Trump 1313 01:09:49,560 --> 01:09:52,800 tax cuts. As you probably know by just 1314 01:09:52,800 --> 01:09:57,560 reading any paper, my message to every business in the world is 1315 01:09:57,560 --> 01:09:59,680 very simple. Come make your product in 1316 01:09:59,680 --> 01:10:03,680 America and we will give you among the lowest taxes of any 1317 01:10:03,680 --> 01:10:06,760 nation on earth. We're bringing them down very 1318 01:10:06,760 --> 01:10:10,040 substantially, even from the original Trump tax cuts. 1319 01:10:10,600 --> 01:10:13,480 But if you don't make your product in America, which is 1320 01:10:13,480 --> 01:10:17,720 your prerogative, then very simply you will have to pay a 1321 01:10:17,720 --> 01:10:21,480 tariff, differing amounts, but a tariff which will direct 1322 01:10:21,480 --> 01:10:24,480 hundreds of billions of dollars and even trillions of dollars 1323 01:10:24,480 --> 01:10:28,400 into our treasury to strengthen our economy and pay down debt. 1324 01:10:29,080 --> 01:10:32,480 Under the Trump administration, there will be no better place on 1325 01:10:32,480 --> 01:10:36,160 earth to create jobs, build factories or grow a company than 1326 01:10:36,160 --> 01:10:40,920 right here in the good old USA. Already Americans economic. 1327 01:10:41,320 --> 01:10:45,600 You can see this, I think maybe even in your in your wonderful, 1328 01:10:45,600 --> 01:10:48,760 wonderful room that you're all gathered together, so many of my 1329 01:10:48,760 --> 01:10:51,200 friends. But Americans, the economic 1330 01:10:51,200 --> 01:10:55,440 confidence is soaring like we haven't seen in many, many 1331 01:10:55,520 --> 01:10:59,400 decades, maybe not at all. Upon my election, it was just 1332 01:10:59,400 --> 01:11:03,560 announced a small business optimism skyrocketed by 41 1333 01:11:03,560 --> 01:11:06,920 points in a single month. That's the highest ever. 1334 01:11:06,920 --> 01:11:08,400 There's never been anything like that. 1335 01:11:09,040 --> 01:11:12,920 SoftBank has announced between A-100 and $200 billion 1336 01:11:12,920 --> 01:11:16,600 investment in the US economy because of the election result. 1337 01:11:16,600 --> 01:11:21,440 And just two days ago, Oracle, SoftBank and Open AI announced a 1338 01:11:21,440 --> 01:11:26,760 $500 billion investment in AI infrastructure other companies 1339 01:11:26,760 --> 01:11:30,280 likewise have. The stream? 1340 01:11:30,320 --> 01:11:32,040 Oh no. No, it's not even me. 1341 01:11:32,840 --> 01:11:34,360 It's on the White House account. Dude. 1342 01:11:34,360 --> 01:11:36,840 I think a lot of people may be playing this. 1343 01:11:37,720 --> 01:11:41,520 A quick price update, one O 6/1 here on Bitcoin. 1344 01:11:41,520 --> 01:11:45,560 So absolutely flying. Tyler's buying the rounds next 1345 01:11:45,560 --> 01:11:48,000 time we see each other. I need to hear what he's saying. 1346 01:11:48,000 --> 01:11:49,120 I know. But it's bugged. 1347 01:11:49,160 --> 01:11:51,360 The stream doesn't work anymore. The White House stream. 1348 01:11:52,680 --> 01:11:55,120 Fuck, it's not even me. Oh, they got rugged. 1349 01:11:59,320 --> 01:12:03,600 Oh my God, he broke it. Bullish rug so far. 1350 01:12:04,520 --> 01:12:08,760 No, he broke it. No. 1351 01:12:09,200 --> 01:12:11,120 For a transcript of what they said. 1352 01:12:11,160 --> 01:12:13,600 Usually my Wi-Fi is bad, but this is not on me this time. 1353 01:12:13,680 --> 01:12:18,480 Oh, go to YouTube. OK, one second, White House. 1354 01:12:18,480 --> 01:12:21,440 One O 65. Keep it coming. 1355 01:12:21,440 --> 01:12:21,920 Keep it. OK. 1356 01:12:21,920 --> 01:12:22,920 I got you done. Bring. 1357 01:12:22,960 --> 01:12:24,920 Down the oil price, you can end that war. 1358 01:12:25,520 --> 01:12:27,080 They should have done it long ago. 1359 01:12:27,080 --> 01:12:30,760 They're very responsible, actually to a certain extent, 1360 01:12:30,760 --> 01:12:34,120 for what's taking place. Millions of lives are being lost 1361 01:12:34,720 --> 01:12:37,800 with oil prices going down. I'll demand that interest rates 1362 01:12:37,800 --> 01:12:41,120 drop immediately, and likewise, they should be dropping all over 1363 01:12:41,120 --> 01:12:43,280 the world. Interest rates should follow us 1364 01:12:43,920 --> 01:12:46,880 all over. The progress that you're seeing 1365 01:12:47,280 --> 01:12:50,280 is happening because of our historic victory in a recent 1366 01:12:50,280 --> 01:12:54,880 presidential election, one that has become quite well known 1367 01:12:54,880 --> 01:12:56,800 throughout the world. I think a lot of things are 1368 01:12:56,800 --> 01:13:00,040 happening to a lot of countries. They say that there's light 1369 01:13:00,040 --> 01:13:03,920 shining all over the world since the election, and even countries 1370 01:13:03,920 --> 01:13:08,800 that we aren't particularly friendly with are happy because 1371 01:13:08,800 --> 01:13:12,240 they understand what there is a future and then how great the 1372 01:13:12,240 --> 01:13:14,040 future will be under our leadership. 1373 01:13:14,520 --> 01:13:17,000 America is back and open for business. 1374 01:13:17,000 --> 01:13:20,320 And this week I'm also taking swift action to stop the 1375 01:13:20,320 --> 01:13:24,160 invasion at our southern border. They allowed people to come in 1376 01:13:24,160 --> 01:13:26,480 at levels that nobody's ever seen before. 1377 01:13:26,480 --> 01:13:30,560 It was ridiculous. I decided A and declared to just 1378 01:13:30,800 --> 01:13:34,320 to, to do. And very, very importantly, a 1379 01:13:34,320 --> 01:13:38,400 national emergency on our border immediately halted all entry of 1380 01:13:38,400 --> 01:13:42,200 illegal border crossers, of which there were many, and began 1381 01:13:42,200 --> 01:13:45,800 promptly returning the illegal trespassers back to the place 1382 01:13:45,800 --> 01:13:48,800 from which they came. That action, as you've probably 1383 01:13:48,800 --> 01:13:51,360 seen, has already started very strongly. 1384 01:13:51,360 --> 01:13:55,640 Have deployed active duty U.S. military and National Guard 1385 01:13:55,640 --> 01:13:59,920 troops to the border to assist in repelling the invasion. 1386 01:14:00,520 --> 01:14:02,440 Invasion we will. Not. 1387 01:14:03,120 --> 01:14:08,400 Territory to be violated After 4 long years, the United States is 1388 01:14:08,400 --> 01:14:12,480 strong and sovereign and a beautiful nation once again. 1389 01:14:12,480 --> 01:14:16,920 It's a strong sovereign nation. In addition, I'm pleased to 1390 01:14:16,920 --> 01:14:19,480 report that America is also a free nation. 1391 01:14:19,480 --> 01:14:23,800 Once again, on day one, I signed an executive order to stop all 1392 01:14:23,800 --> 01:14:24,840 government. Census. 1393 01:14:25,480 --> 01:14:28,800 No longer will our government label the speech of our own 1394 01:14:28,840 --> 01:14:30,360 citizens as all. Time. 1395 01:14:30,360 --> 01:14:33,480 Misinformation or disinformation, which are the 1396 01:14:33,480 --> 01:14:37,920 favorite words of censors and those who wish to stop the free 1397 01:14:37,920 --> 01:14:40,560 exchange of ideas and frankly, progress. 1398 01:14:41,320 --> 01:14:45,360 We have saved free speech in America and we've saved it 1399 01:14:45,360 --> 01:14:48,240 strongly. With another historic executive 1400 01:14:48,240 --> 01:14:51,000 order this week, I also ended the weaponization of law 1401 01:14:51,000 --> 01:14:54,640 enforcement against the American people and frankly against 1402 01:14:54,640 --> 01:14:59,200 politicians, and restored the fair, equal and impartial rule 1403 01:14:59,200 --> 01:15:02,080 of law. My administration has taken 1404 01:15:02,080 --> 01:15:06,480 action to abolish all discriminatory diversity, equity 1405 01:15:06,480 --> 01:15:09,680 and inclusion nonsense, and these are policies that were 1406 01:15:09,680 --> 01:15:13,600 absolute nonsense throughout the government and the private 1407 01:15:13,600 --> 01:15:16,120 sector. With the recent yet somewhat 1408 01:15:16,120 --> 01:15:20,920 unexpected great Supreme Court decision just made, America will 1409 01:15:20,920 --> 01:15:24,000 once again become a merit based country. 1410 01:15:24,920 --> 01:15:30,720 You have to hear that word merit based country, and I've made it 1411 01:15:30,720 --> 01:15:34,960 official and official policy of the United States that there are 1412 01:15:34,960 --> 01:15:41,120 only two genders, male and female, and we will have no men 1413 01:15:41,360 --> 01:15:45,960 participating in women's sports and transgender operations, 1414 01:15:45,960 --> 01:15:49,560 which became the rage will occur very rarely. 1415 01:15:49,920 --> 01:15:53,720 Finally, as we restore common sense in America, we're moving 1416 01:15:53,720 --> 01:15:57,720 quickly to bring back strength and peace and stability abroad. 1417 01:15:58,200 --> 01:16:01,520 I'm also going to ask all NATO nations to increase defense 1418 01:16:01,520 --> 01:16:06,040 spending to 5% of GDP, which is what it should have been years 1419 01:16:06,040 --> 01:16:09,200 ago. It was only at 2%, and most 1420 01:16:09,240 --> 01:16:11,520 nations didn't pay until I came along. 1421 01:16:11,520 --> 01:16:15,080 I insisted that they pay, and they did because the United 1422 01:16:15,080 --> 01:16:17,600 States was really paying the difference at that time. 1423 01:16:17,600 --> 01:16:20,040 And it's was unfair to the United States. 1424 01:16:20,040 --> 01:16:23,960 But many, many things have been unfair for many years to the 1425 01:16:23,960 --> 01:16:27,200 United States. Before even taking office, my 1426 01:16:27,200 --> 01:16:30,320 team negotiated a ceasefire agreement in the Middle East, 1427 01:16:30,320 --> 01:16:32,640 which wouldn't have happened without us. 1428 01:16:32,800 --> 01:16:37,040 As I think most of the people in the room know, earlier this week 1429 01:16:37,040 --> 01:16:40,600 the hostages began to return to their families. 1430 01:16:40,600 --> 01:16:43,920 They are returning, and it's a beautiful sight, and they'll be 1431 01:16:43,920 --> 01:16:47,160 coming in more and more. They started coming back on 1432 01:16:47,160 --> 01:16:49,560 Sunday. Our efforts to secure a peace 1433 01:16:49,560 --> 01:16:53,480 settlement between Russia and Ukraine are now hopefully 1434 01:16:53,480 --> 01:16:55,360 underway. It's so important to get that 1435 01:16:55,360 --> 01:16:57,280 done. That is an absolute killing 1436 01:16:57,280 --> 01:17:00,680 field. Millions of soldiers are being 1437 01:17:00,680 --> 01:17:02,800 killed. Nobody's seen anything like it 1438 01:17:02,800 --> 01:17:06,200 since World War 2. They're laying dead all over the 1439 01:17:06,200 --> 01:17:09,640 flat fields. It's a flat field, farmland, and 1440 01:17:09,640 --> 01:17:13,880 there's millions of Russians and millions of Ukrainians, and 1441 01:17:13,880 --> 01:17:16,640 nobody's seen anything like it since World War 2. 1442 01:17:16,640 --> 01:17:19,560 It's time to end it. And here in America, we have big 1443 01:17:19,560 --> 01:17:24,800 events coming up next year. We have the 250th anniversary of 1444 01:17:24,800 --> 01:17:27,560 America's founding. I'm so honored to be president 1445 01:17:27,560 --> 01:17:29,560 during that. That's been a big event. 1446 01:17:29,560 --> 01:17:31,520 They've been talking about it for 10 years. 1447 01:17:31,880 --> 01:17:36,840 We also have the World Cup and I understand Gianni Gianni's in 1448 01:17:36,840 --> 01:17:40,000 the room. Infantino, he was a very 1449 01:17:40,000 --> 01:17:41,920 instrumental in helping us get it. 1450 01:17:41,920 --> 01:17:45,640 He's there with you some place, I think, and I want to thank him 1451 01:17:45,640 --> 01:17:47,560 for that. And then we have the Olympics 1452 01:17:47,560 --> 01:17:51,960 coming up, which I was instrumental in getting also in 1453 01:17:51,960 --> 01:17:54,280 my first term. And who would have known that by 1454 01:17:54,280 --> 01:17:56,120 skipping a term I would get the Olympics? 1455 01:17:56,120 --> 01:17:58,520 I was upset. I said, you know, I got the 1456 01:17:58,520 --> 01:18:00,600 Olympics to come and I won't be president but. 1457 01:18:01,280 --> 01:18:03,520 Throw a. Stroke of luck or whatever you 1458 01:18:03,520 --> 01:18:06,360 might call it, that I'm going to be president during the World 1459 01:18:06,360 --> 01:18:10,480 Cup and the Olympics and the 250th anniversary. 1460 01:18:10,480 --> 01:18:14,240 So that's going to be 3 big events and we've accomplished 1461 01:18:14,240 --> 01:18:17,760 more in less than four days. We have really been working four 1462 01:18:17,760 --> 01:18:22,000 days than other administrations have accomplished in four years, 1463 01:18:22,440 --> 01:18:25,400 and we're just getting started. It's really an amazing thing to 1464 01:18:25,400 --> 01:18:28,640 see in the spirit and the light over our country has been 1465 01:18:28,640 --> 01:18:31,600 incredible under the last administration. 1466 01:18:31,600 --> 01:18:35,360 Our nation has suffered greatly, but we're going to bring it back 1467 01:18:35,360 --> 01:18:39,600 and make it greater, bigger, stronger, better than ever 1468 01:18:39,600 --> 01:18:42,360 before. I want to thank everybody for 1469 01:18:42,360 --> 01:18:44,200 being with you. I would have been there myself, 1470 01:18:44,200 --> 01:18:46,440 except the inauguration was 2 days ago. 1471 01:18:46,440 --> 01:18:49,120 I thought it might be a little bit quick to make it the first 1472 01:18:49,120 --> 01:18:51,560 stop, but we'll get there one day. 1473 01:18:51,560 --> 01:18:54,520 We hope to get there. But I, I do appreciate, I heard 1474 01:18:54,520 --> 01:18:57,480 the audience is fantastic and many of my friends are in the 1475 01:18:57,520 --> 01:19:01,520 audience and I will be taking questions now from some very 1476 01:19:01,520 --> 01:19:03,720 distinguished people. Thank you all very much. 1477 01:19:05,280 --> 01:19:12,040 Good speech, I see. The questions I closed the law, 1478 01:19:12,280 --> 01:19:13,200 it's not going to get brought up. 1479 01:19:13,200 --> 01:19:16,120 Here, Mr. President, for that very powerful. 1480 01:19:16,200 --> 01:19:19,680 What'd you close that at 1:06? Like 106 two, I didn't catch the 1481 01:19:19,680 --> 01:19:22,200 big top but. Doesn't matter bro, you got. 1482 01:19:22,320 --> 01:19:24,800 A big chunk of the move. Does not matter at all. 1483 01:19:25,480 --> 01:19:29,240 You could put it back on at like 2X and just let it ride to 2:30 1484 01:19:29,240 --> 01:19:31,560 PM, but. For everyone listening, I'm 1485 01:19:31,560 --> 01:19:34,560 still very long like I'm still very bullish and long Bitcoin. 1486 01:19:34,560 --> 01:19:39,520 This particular trade need to be closed panel with some. 1487 01:19:39,920 --> 01:19:41,760 Of the. Most How's the rest of the our 1488 01:19:41,760 --> 01:19:43,520 coins doing? Oh, Trump 3840, the world. 1489 01:19:43,920 --> 01:19:47,360 Yeah, everything's start. With some four coin 150, do we 1490 01:19:47,360 --> 01:19:49,240 want to save our longer discussion about that for 1491 01:19:49,240 --> 01:19:53,200 tomorrow? Yeah, I'm curious about the 1492 01:19:53,200 --> 01:19:58,120 question is going to get asked. Mr. Steve Schwarzman, Chairman, 1493 01:19:58,120 --> 01:20:00,800 CEO and Co founder, Blackstone Group. 1494 01:20:01,080 --> 01:20:07,440 So Steve Floor is yours. Well, Mr. President, Hello, 1495 01:20:07,480 --> 01:20:10,280 Steve. I'm sure the Crown Prince of 1496 01:20:10,280 --> 01:20:14,160 Saudi Arabia will be really glad you gave this speech today. 1497 01:20:16,000 --> 01:20:23,360 I hope so. You've had the busiest 4 days 1498 01:20:24,120 --> 01:20:29,600 that anybody can imagine, and congratulations for that. 1499 01:20:31,160 --> 01:20:37,040 And my question is, is about some of the things I've observed 1500 01:20:37,600 --> 01:20:41,360 here at Davos. It's a terrific forum. 1501 01:20:41,960 --> 01:20:45,240 I've met lots of people as usual. 1502 01:20:45,680 --> 01:20:50,880 I think I've been here 30 years and a lot of the European 1503 01:20:51,480 --> 01:20:57,280 business people I have ex. Does it keep cutting? 1504 01:20:57,280 --> 01:21:03,240 Dude with the regulatory regime in the EU and. 1505 01:21:04,560 --> 01:21:06,200 One second, let me refresh this. It's so annoying. 1506 01:21:06,760 --> 01:21:08,400 One second one second one second one, second one. 1507 01:21:08,440 --> 01:21:11,440 Second, OK, because of the numerous factors, but especially 1508 01:21:11,440 --> 01:21:17,480 because of regulations and you've taken a completely. 1509 01:21:17,520 --> 01:21:19,400 Different. Can this guy ask his question 1510 01:21:19,400 --> 01:21:23,480 already? In this area, and if you could 1511 01:21:23,480 --> 01:21:28,160 explain the theory of what you're doing, how you're going 1512 01:21:28,160 --> 01:21:33,440 to do it, and what you expect the outcome to be, I'd 1513 01:21:33,440 --> 01:21:37,280 appreciate it. Well, thank you very much and 1514 01:21:37,280 --> 01:21:39,800 congratulations, Steve. You're a friend of mine, but on 1515 01:21:39,800 --> 01:21:42,240 a great career. You have had an amazing career 1516 01:21:42,240 --> 01:21:44,600 and continues. Just want to congratulate you. 1517 01:21:44,600 --> 01:21:46,720 You're very inspirational to a lot of people. 1518 01:21:47,680 --> 01:21:51,760 I want to talk about the EU because you mentioned 1519 01:21:51,760 --> 01:21:55,280 specifically that I have also had a lot of friends and 1520 01:21:55,280 --> 01:21:56,520 leaders. I think someone's going to ask 1521 01:21:56,520 --> 01:21:59,080 about the big one here. A little bit during, I don't 1522 01:21:59,080 --> 01:22:01,760 think so. I think we probably. 2:30 PM. 1523 01:22:02,520 --> 01:22:04,560 You must make AI and crypto big in America. 1524 01:22:04,560 --> 01:22:05,800 That that was a big headline, yeah. 1525 01:22:06,560 --> 01:22:07,720 That's it. That's all you need though, 1526 01:22:07,720 --> 01:22:09,320 right? It helps you up for 2:30 PM. 1527 01:22:09,400 --> 01:22:11,520 Like that's when we know there's something going on, right? 1528 01:22:12,320 --> 01:22:14,760 So executive orders are at 2:30 PM. 1529 01:22:15,040 --> 01:22:17,600 So we'll see. Let's see if the executive 1530 01:22:17,600 --> 01:22:20,040 orders are in there. You know, the polling market 1531 01:22:20,040 --> 01:22:22,160 lines fall and it's back to 44%, so. 1532 01:22:22,160 --> 01:22:24,160 Yeah, but like, what do you, I think people like have crazy 1533 01:22:24,160 --> 01:22:25,840 expectations of a president of the United States? 1534 01:22:25,840 --> 01:22:27,800 Like, do you, like, I think crypto people want him to speak 1535 01:22:27,800 --> 01:22:29,120 only about crypto, Davos, You know what I mean? 1536 01:22:29,120 --> 01:22:32,000 It's like, dude, hey, you know what I mean, Tyler, like, not 1537 01:22:32,000 --> 01:22:33,480 you, right? But like, just in general, like 1538 01:22:33,480 --> 01:22:36,080 our industry. I feel like, like the other day 1539 01:22:36,080 --> 01:22:39,080 I could not stop laughing about the fact that on the day he was 1540 01:22:39,080 --> 01:22:42,000 made president, people thought that he would like this would be 1541 01:22:42,000 --> 01:22:45,440 more important to like political prisoners shit, you know? 1542 01:22:45,440 --> 01:22:50,960 So it's like, you know, I think we need to remember, you know, 1543 01:22:50,960 --> 01:22:53,520 we're not the biggest industry, but we're getting there and 1544 01:22:53,520 --> 01:22:56,200 we'll get there anyways. Let's do our giveaways and go on 1545 01:22:56,200 --> 01:22:58,960 with our day here. You'll see the headlines do 1546 01:22:58,960 --> 01:22:59,960 giveaways. That was good though, good 1547 01:22:59,960 --> 01:23:02,600 speech. He used AC word crypto. 1548 01:23:03,240 --> 01:23:05,560 So that was very positive. I mean, you saw the the reaction 1549 01:23:05,560 --> 01:23:07,280 to the market. I think that gave enough 1550 01:23:07,280 --> 01:23:09,160 confidence also for the rest of the market for rest of the week. 1551 01:23:09,160 --> 01:23:12,280 Tyler, like just a little thing just gives people a little more 1552 01:23:12,280 --> 01:23:15,080 confidence. And also the CZ tweet. 1553 01:23:15,760 --> 01:23:18,320 Yeah, the CG just told everyone that he thinks it's coming. 1554 01:23:18,560 --> 01:23:19,040 Right. I mean do. 1555 01:23:20,480 --> 01:23:21,120 Yeah, go on. Sorry. 1556 01:23:21,760 --> 01:23:24,240 I think it's a better bull case for this to continue to be like 1557 01:23:24,320 --> 01:23:26,320 this thing is coming in the future. 1558 01:23:26,840 --> 01:23:29,600 Then it's it's here today I. Like that. 1559 01:23:30,880 --> 01:23:33,280 I like that Lumis also, I know she hyped it up a little bit. 1560 01:23:33,280 --> 01:23:37,040 She did not need to. She definitely did not need to 1561 01:23:37,040 --> 01:23:39,520 make that tweet this morning. No, even after hearing a speech 1562 01:23:39,520 --> 01:23:45,960 that was way too much like 10. Like, dude, that was that was so 1563 01:23:45,960 --> 01:23:47,120 bad. It's OK. 1564 01:23:47,240 --> 01:23:48,720 But yeah. Well, what's her? 1565 01:23:48,720 --> 01:23:50,520 What's her Kaido score? She's. 1566 01:23:51,120 --> 01:23:52,440 Just like we meet. Her on Kaido. 1567 01:23:53,320 --> 01:23:56,680 I want her to know her wallet address and then so there was 1568 01:23:56,680 --> 01:23:59,560 that, but I don't think she needed to make those comments. 1569 01:23:59,560 --> 01:24:02,560 However, you could argue that her being in that position is 1570 01:24:02,560 --> 01:24:04,640 extremely bullish for our industry because she has been 1571 01:24:04,640 --> 01:24:09,160 someone that's been pushing the crypto agenda in the in in DC 1572 01:24:09,680 --> 01:24:11,880 very strongly. So it's another positive 1573 01:24:11,880 --> 01:24:13,760 headline for crypto today, you know what I mean? 1574 01:24:13,760 --> 01:24:16,000 So we're heading into the weekend. 1575 01:24:16,360 --> 01:24:21,360 We get good news today, you know, low volume weekends we 1576 01:24:21,360 --> 01:24:24,080 could so. So here's what's going to 1577 01:24:24,080 --> 01:24:25,160 happen. Today's going to be volatile. 1578 01:24:25,160 --> 01:24:26,480 Everything, everything's on hold. 1579 01:24:26,480 --> 01:24:30,560 I think today plays out, no major announcements, no shake 1580 01:24:30,560 --> 01:24:32,120 UPS. We can start to like look 1581 01:24:32,440 --> 01:24:35,800 forward a little bit. Did you say crypto again? 1582 01:24:36,840 --> 01:24:38,320 Someone say crypto. Crypto. 1583 01:24:38,560 --> 01:24:40,520 I don't know, maybe not. Anyways, yeah, you're right. 1584 01:24:40,520 --> 01:24:43,000 Like this is all really good. So anyways, those headlines are 1585 01:24:43,000 --> 01:24:43,240 good.