1 00:00:00,040 --> 00:00:02,000 Yo-yo, yo, what up? What up? 2 00:00:02,080 --> 00:00:15,120 Good morning, Good morning, GMG Wednesday, May 22nd, 2020. 3 00:00:18,120 --> 00:00:19,160 Four. Look at that. 4 00:00:19,440 --> 00:00:22,600 Another beautiful day to have a beautiful day. 5 00:00:23,600 --> 00:00:26,360 I got my coats in the house. Oh, we got, we got, we got a 6 00:00:26,360 --> 00:00:28,200 new, we got a new person on screen. 7 00:00:28,200 --> 00:00:30,480 Look at that. He's like, hello. 8 00:00:33,520 --> 00:00:35,000 That was funny. Wave bro. 9 00:00:35,000 --> 00:00:43,920 Thinks he's the queen, bro. I'm Tyler Sims. 10 00:00:44,240 --> 00:00:45,720 Good morning, lads. How you guys doing? 11 00:00:46,680 --> 00:00:48,840 Doing well sunny day prices are good. 12 00:00:49,080 --> 00:00:51,000 Got a new camera set up. We're we're not all the way 13 00:00:51,000 --> 00:00:52,960 there for those of you who are watching on the stream. 14 00:00:52,960 --> 00:00:56,240 So we are going to keep improving the camera set up, but 15 00:00:56,480 --> 00:00:58,120 we'll be back tomorrow. Oh, you. 16 00:00:58,120 --> 00:00:59,080 You'll be fine. I, I. 17 00:00:59,120 --> 00:01:00,440 But at least it's it's a new step. 18 00:01:00,440 --> 00:01:01,720 I hear you got a new microphone too. 19 00:01:01,720 --> 00:01:03,960 So I I I'm pretty jealous. I got to get my microphone 20 00:01:03,960 --> 00:01:04,680 ordered. I got to. 21 00:01:04,680 --> 00:01:08,280 I know you didn't set it up yet. But once we all have SM7BS and 22 00:01:08,280 --> 00:01:09,680 we have the same set up, it'll be nice. 23 00:01:10,120 --> 00:01:12,200 It'll be nice. It will be very nice. 24 00:01:12,200 --> 00:01:13,400 But look at look at look at. Look at Tyler. 25 00:01:13,400 --> 00:01:15,560 I mean, he's coming in. Chris, you know, I know we 26 00:01:15,560 --> 00:01:18,480 haven't finished the settings though, but you got my mind's 27 00:01:18,480 --> 00:01:22,040 coming in crisp here, crisp, obviously love to see it. 28 00:01:22,040 --> 00:01:24,640 Sam's, look at that. We have our back end man in the 29 00:01:24,640 --> 00:01:26,280 front end today. How you doing? 30 00:01:26,640 --> 00:01:29,720 I'm good, I'm good, The markets are fantastic. 31 00:01:30,280 --> 00:01:33,040 The weather outside is complete dog shit, so I'm I'm happy. 32 00:01:33,080 --> 00:01:37,240 I'm happy it is pissing it down outside, so I'm happy to go to 33 00:01:37,240 --> 00:01:39,040 the computer and just continue working. 34 00:01:43,160 --> 00:01:43,880 It's so good. Yeah. 35 00:01:43,880 --> 00:01:46,840 I mean, I wish I could say the same here, but but I can't 36 00:01:47,400 --> 00:01:50,040 because it's the weather is absolutely fantastic here in 37 00:01:50,040 --> 00:01:52,000 Montreal for once. So you love to see it. 38 00:01:52,000 --> 00:01:55,760 Montreal summers are great and the weather is even better in my 39 00:01:55,800 --> 00:01:58,280 favorite charts. Let me tell you guys that you 40 00:01:58,280 --> 00:01:59,760 absolutely love to see price action. 41 00:01:59,760 --> 00:02:04,120 So today on the show today, today, what do we got? 42 00:02:04,120 --> 00:02:06,440 What do we got for our daily market report as usual, crypto, 43 00:02:06,440 --> 00:02:09,160 macro, all that good stuff. We'll be chatting of course, 44 00:02:09,160 --> 00:02:11,120 Ethereum, ETS. We won't be diving too, too deep 45 00:02:11,120 --> 00:02:13,920 into the macro stuff, but we'll be talking, hovering over it. 46 00:02:14,160 --> 00:02:17,680 Mando had a last second thing he had to do, so couldn't couldn't 47 00:02:17,680 --> 00:02:19,480 be on with us today, but he'll be back on Friday morning. 48 00:02:20,280 --> 00:02:22,240 You know, we'll obviously be talking of course, about the 49 00:02:22,240 --> 00:02:25,400 bananas on square. There's bananas on bananas on 50 00:02:25,400 --> 00:02:28,160 square now, you know, I know we talked about Nasman yesterday. 51 00:02:28,400 --> 00:02:30,080 It's Square. The power. 52 00:02:30,080 --> 00:02:31,560 So banana zone's the power of the bananas zone. 53 00:02:32,040 --> 00:02:34,360 This is the type of shit that gets me out of bed in the 54 00:02:34,360 --> 00:02:37,640 morning, You know? Like I I I I think I will make 55 00:02:37,640 --> 00:02:40,240 Raul pal my alarm for the morning. 56 00:02:40,440 --> 00:02:42,160 Maybe it's a little weird to wake up to the sound of another 57 00:02:42,160 --> 00:02:45,000 man when I'm sleeping next to my girl, but you know what? 58 00:02:45,000 --> 00:02:47,240 It's Raul though. Like, it's like, wake up, you're 59 00:02:47,240 --> 00:02:48,640 in the banana zone. Like something like that. 60 00:02:48,800 --> 00:02:51,880 He should do a cameo service. Anyways, point being, we'll be 61 00:02:51,880 --> 00:02:55,720 talking about ETTS and whatnot. But then, you know, most 62 00:02:55,720 --> 00:02:59,200 importantly, crypto tied, macro tied, tied, You know, all its 63 00:02:59,200 --> 00:03:00,800 memes and dreams. We'll be talking politics today. 64 00:03:01,000 --> 00:03:02,560 We'll be talking politics. We'll be talking about Donald 65 00:03:02,560 --> 00:03:03,880 Trump. We'll be talking about Donald 66 00:03:03,880 --> 00:03:05,360 Trump. We'll be talking about Donald 67 00:03:05,360 --> 00:03:06,760 Trump. We'll be talking about Joe 68 00:03:06,760 --> 00:03:08,440 Biden. We'll be talking about Joe 69 00:03:08,640 --> 00:03:10,320 Boden. I mean the the elections have 70 00:03:10,320 --> 00:03:13,640 become very, very, very crypto focused. 71 00:03:13,640 --> 00:03:15,760 So we have to talk about the, the the news yesterday for 72 00:03:15,760 --> 00:03:18,600 Donald Trump accepting crypto, some rumours about Donald Trump 73 00:03:18,600 --> 00:03:20,680 Bitcoin stuff this morning it's rumours for now, I haven't 74 00:03:20,680 --> 00:03:22,840 confirmed anything yet. So we'll we'll touch over it, 75 00:03:22,840 --> 00:03:25,520 but we'll see what's what. But there's a lot of stuff going 76 00:03:25,520 --> 00:03:27,880 on, so obviously we want to cover what's happening. 77 00:03:27,880 --> 00:03:31,560 Also like there's like a bajillion Donald Trump coins and 78 00:03:31,560 --> 00:03:33,400 NFTS related to it. So I'm curious Tyler, what you 79 00:03:33,400 --> 00:03:35,080 think of all that. So we'll talk about all this 80 00:03:35,080 --> 00:03:38,280 stuff you have. You have Jupiter with some 81 00:03:38,280 --> 00:03:41,480 really big news with tokenizing Rwas and trying to become like a 82 00:03:41,720 --> 00:03:43,520 mega outlet for crypto which is pretty cool. 83 00:03:44,160 --> 00:03:47,080 Oh BlackRock 19B4 update is in. There you go see it just 84 00:03:47,080 --> 00:03:49,080 happened. I I have Eric Balcones and James 85 00:03:49,080 --> 00:03:53,520 Safeharts notifications on so I just like and Nick Grassi I'm 86 00:03:53,520 --> 00:03:56,800 like I I just get all the all the notives all day long so it's 87 00:03:56,800 --> 00:03:58,400 pretty good. So we'll be talking about this 88 00:03:58,400 --> 00:04:01,120 stuff and of course all streams and dreams. 89 00:04:01,120 --> 00:04:03,080 I mean we'll talk about your favorite meme corns and we saw 90 00:04:03,080 --> 00:04:05,080 Pepe yesterday go absolutely insane. 91 00:04:05,080 --> 00:04:07,960 You saw Mark go crazy but obviously expected with theorem 92 00:04:08,600 --> 00:04:10,280 running so absolutely love to see that. 93 00:04:10,640 --> 00:04:13,720 Like I already mentioned you have all the tromp tramp Boden 94 00:04:13,720 --> 00:04:16,640 all that good stuff zai had a having event you have Pew 95 00:04:16,640 --> 00:04:18,880 winning the blast jackpot back-to-back. 96 00:04:18,959 --> 00:04:21,000 When I told these he thought it was joking. 97 00:04:21,720 --> 00:04:23,200 Tyler he's like oh you're kidding right. 98 00:04:23,200 --> 00:04:25,000 I'm like no dude. Like I just thought on punk nano 99 00:04:25,000 --> 00:04:27,840 59 he's like the the source now so I it can't be fake. 100 00:04:28,040 --> 00:04:30,160 It can't be fake. And then if we have time, we'll 101 00:04:30,160 --> 00:04:33,480 be talking or knows you know NFTS and all that good stuff or 102 00:04:33,760 --> 00:04:35,880 not so good stuff. But maybe we talk about NFTS. 103 00:04:36,240 --> 00:04:40,000 And then last but not least this show is powered, is powered by 104 00:04:40,000 --> 00:04:42,400 our awesome partners over at moon Pay. 105 00:04:42,720 --> 00:04:45,440 All right, so to buy crypto with PayPal, down the moon pay app. 106 00:04:45,440 --> 00:04:47,960 And then of course once you do that, fair side network on X, 107 00:04:47,960 --> 00:04:51,960 fair side network wallet coverage for drains scams and 108 00:04:51,960 --> 00:04:53,800 more. All right, all right. 109 00:04:53,800 --> 00:04:55,840 Without further ado I mean I would say let's get right into 110 00:04:55,840 --> 00:04:57,120 it. But you know what I did download 111 00:04:57,120 --> 00:05:03,720 the Tyler intro I think for daily NFT and crypto analysis. 112 00:05:05,480 --> 00:05:08,920 Tyler T on FOMO. Our cause The kid can't. 113 00:05:09,200 --> 00:05:14,640 Bring The Bachelor Bears dead. Just incredible. 114 00:05:15,000 --> 00:05:18,560 We're going to bash some bears. I love how it's finished, but 115 00:05:18,560 --> 00:05:20,400 we're going to bash some bears. Did you catch that? 116 00:05:20,400 --> 00:05:23,400 But hold on, I feel like we got to give it another one for Jelly 117 00:05:23,840 --> 00:05:29,840 NFT and crypto analysis Tyler did on FOMO. 118 00:05:29,840 --> 00:05:30,960 Our calls. The kid can't. 119 00:05:31,600 --> 00:05:35,840 Ready to bash some bears? That is so good. 120 00:05:35,840 --> 00:05:37,960 I was wondering what this thing at the end, it's ready to bash 121 00:05:37,960 --> 00:05:40,080 some bears. This is the roar of a bear being 122 00:05:40,080 --> 00:05:41,280 bashed. I mean Tyler, what do you think 123 00:05:41,640 --> 00:05:43,600 of your, I think it's the first time you're hearing it, what 124 00:05:43,600 --> 00:05:46,160 what do you what do you think? Oh, I'm into it. 125 00:05:46,200 --> 00:05:47,520 Yeah. This is my first personal 126 00:05:47,520 --> 00:05:49,520 Jingle. How could I not not absolutely 127 00:05:49,520 --> 00:05:51,320 love it. And yeah, bears are getting 128 00:05:51,320 --> 00:05:55,200 smashed. JCC 6 is always. 129 00:05:55,200 --> 00:05:57,520 So I didn't, we didn't text him. I think he just made it. 130 00:05:57,880 --> 00:05:59,240 Yeah, absolutely. I text him. 131 00:05:59,240 --> 00:06:01,440 He was already underway with it. I was like, wow, OK, you read 132 00:06:01,440 --> 00:06:04,720 our mind. 6C6 Man, this guy's a legend. 133 00:06:04,720 --> 00:06:06,200 This guy's absolute legend. So thank you. 134 00:06:06,360 --> 00:06:08,120 Thank you J6. You're the absolute base. 135 00:06:08,120 --> 00:06:08,800 That is. Tyler. 136 00:06:09,080 --> 00:06:10,200 Talk to me. Talk to me. 137 00:06:10,200 --> 00:06:10,840 Talk to me. What's that? 138 00:06:10,840 --> 00:06:13,560 What's the latest on the on the on the ECTF right now? 139 00:06:14,680 --> 00:06:16,480 Yeah, I grunst through a little bit. 140 00:06:16,480 --> 00:06:21,240 I think the the main story here is the the ECTF just appear to 141 00:06:21,240 --> 00:06:22,920 be imminent at this point in time. 142 00:06:22,920 --> 00:06:26,560 We saw the news yesterday, the SEC told exchanges that it is 143 00:06:26,560 --> 00:06:30,680 leaning towards approving the spot EE TFs and then on the back 144 00:06:30,680 --> 00:06:34,000 of that I think five of the major ETF issuers have already 145 00:06:34,000 --> 00:06:37,520 submitted their forms. So they're they're running at 146 00:06:37,520 --> 00:06:41,880 this quite a bit and and now it seems like it it's going to get 147 00:06:41,880 --> 00:06:43,480 approved. I guess the countdown is on like 148 00:06:43,480 --> 00:06:47,680 is it going to get approved like in the next day on the news it 149 00:06:47,680 --> 00:06:50,480 feels like crypto major's kind of chopping as this is all 150 00:06:50,480 --> 00:06:53,680 getting set up. Bitcoin down a percent 70,000 to 151 00:06:53,680 --> 00:07:00,320 20 ETH up half a tick 3740 sold us down a touch at at 180 in 152 00:07:00,320 --> 00:07:01,880 London. They're already moving forward. 153 00:07:01,880 --> 00:07:06,000 So the the Bitcoin and ETPS effectively their their 154 00:07:06,000 --> 00:07:09,800 terminology they were approved for listing on the London Stock 155 00:07:09,800 --> 00:07:13,600 Exchange. So those are moving on ahead and 156 00:07:14,040 --> 00:07:17,120 I mean I think now we're all just waiting for for the 157 00:07:17,120 --> 00:07:20,720 fireworks and we saw what Bernstein I think this this 158 00:07:20,760 --> 00:07:25,320 large hedge fund 725 billion in assets says their ETH target 159 00:07:25,320 --> 00:07:31,960 price post ETF approval is 6600. So that's that's a clean 2X from 160 00:07:31,960 --> 00:07:34,560 here for Oak. I mean not gonna lie that's 161 00:07:34,760 --> 00:07:37,120 that's that's fine if you ask me. 162 00:07:37,400 --> 00:07:40,040 You know I I like it. I like it clean two XII was 163 00:07:40,040 --> 00:07:43,400 texting the boys actually this weekend I was like you know I 164 00:07:43,400 --> 00:07:46,720 think I'm ready to I'm. I'm I I, I, you know beginning 165 00:07:46,720 --> 00:07:48,800 cycle you want your 10X100XI think I'm. 166 00:07:48,800 --> 00:07:51,600 I'm about that stage where I'm I'm happy with 2X and and just 167 00:07:51,600 --> 00:07:54,200 you know keep building my thing. I've matured. 168 00:07:54,320 --> 00:07:57,040 Ladies and gentlemen. This is new me this is my 169 00:07:57,040 --> 00:07:58,840 founder of art. It's president art. 170 00:07:59,440 --> 00:08:00,600 So give me a 2X. I'm good. 171 00:08:00,840 --> 00:08:03,880 So if you tell me Ethan's got a 2X, I got full stack ease, full 172 00:08:03,880 --> 00:08:05,600 stack. So I'm at that stage of the 173 00:08:05,600 --> 00:08:06,920 cycle. I mean, not all about you guys, 174 00:08:06,920 --> 00:08:09,440 but it feels comfy. I mean, Sam's, Tyler, you guys 175 00:08:09,440 --> 00:08:10,720 both have children, you have families. 176 00:08:10,960 --> 00:08:13,600 I mean, hearing that ETH could just be a nice little 2X. 177 00:08:13,600 --> 00:08:16,360 We're happy with it. But ten KS doesn't sound that 178 00:08:16,360 --> 00:08:19,280 bad either. It doesn't sound out of the 179 00:08:19,280 --> 00:08:21,680 realms of possibility as well. When we look at like the the 180 00:08:21,680 --> 00:08:25,480 jump that it did just based off of the off of the initial rumors 181 00:08:25,480 --> 00:08:29,720 like it's it's pretty damning. I mean that is a God candle if 182 00:08:29,720 --> 00:08:32,760 we've ever seen one. I have never seen anything as 183 00:08:32,760 --> 00:08:36,080 wild and as crazy as that. And like you got to think how 184 00:08:36,080 --> 00:08:37,760 many people are kind of deep into this. 185 00:08:37,760 --> 00:08:41,520 Like, I know we've had a fair amount of East food for a while, 186 00:08:42,000 --> 00:08:44,360 but when you think of how much is locked up within BLAST as 187 00:08:44,360 --> 00:08:48,000 well, like it all just got worth a shit load more. 188 00:08:48,640 --> 00:08:52,120 Yeah, all of it. I mean Arbitron Blast base, 189 00:08:52,120 --> 00:08:55,280 there's there's the TVLS on these, on these, on these L twos 190 00:08:55,280 --> 00:08:59,360 just like just incredible. So I guess, I guess that that 191 00:08:59,360 --> 00:09:01,920 was that's the latest. I mean look Tyler, I'm seeing my 192 00:09:01,920 --> 00:09:03,160 talent here. Let me just go through my 193 00:09:03,160 --> 00:09:05,400 notifications here because I got, I got them all. 194 00:09:05,400 --> 00:09:07,520 I mean I let's go see what Eric Balkunas is saying right now 195 00:09:07,520 --> 00:09:09,200 because it's actually happening live right now, right. 196 00:09:09,200 --> 00:09:11,440 Because the market's open. It's like around this time that 197 00:09:11,440 --> 00:09:14,920 you usually get all the news. So you have BlackRock, oh, 198 00:09:14,920 --> 00:09:19,600 Blackrock's 19B4 is in. So you have black rocks, you 199 00:09:19,600 --> 00:09:24,360 have you have so much, I mean you have always, I mean 200 00:09:24,360 --> 00:09:26,560 yesterday James Safe Art was the big news right. 201 00:09:26,800 --> 00:09:29,120 He says update it's happening like straight up. 202 00:09:29,400 --> 00:09:32,040 They still have their all the 75% of predictions, markets are 203 00:09:32,040 --> 00:09:34,920 still around 70. But he says it's happening, it's 204 00:09:34,920 --> 00:09:35,440 happening. Sorry. 205 00:09:36,200 --> 00:09:38,480 We have at least five of the potential Ethereum ETF insurers 206 00:09:38,480 --> 00:09:40,600 that have submitted their amended 19-B fours in the last 207 00:09:40,600 --> 00:09:42,160 25 minutes. So basically the big change was 208 00:09:42,160 --> 00:09:45,200 that you had to remove staking. So I mean what do we think of 209 00:09:45,200 --> 00:09:48,240 that Tyler of course like staking was always kind of like 210 00:09:48,240 --> 00:09:50,160 a point to contention when it came to the SEC. 211 00:09:50,680 --> 00:09:52,880 Prior to that they tried to actually put that. 212 00:09:52,880 --> 00:09:54,440 That's actually one of the reasons why they came after 213 00:09:54,440 --> 00:09:56,640 exchanges whether it was cracking or Coinbase etcetera 214 00:09:56,640 --> 00:09:58,760 was after the staking part of of Ethereum. 215 00:09:59,920 --> 00:10:01,800 Do we think that makes a big difference when it comes to to 216 00:10:01,800 --> 00:10:03,760 the test in general, like the performance over time? 217 00:10:04,320 --> 00:10:05,560 Yeah, I do think it's a big deal. 218 00:10:05,600 --> 00:10:09,080 I think the the the primary draw from the folks that you know I 219 00:10:09,080 --> 00:10:12,880 I'm talking to and hearing chatter about this is it's the 220 00:10:12,880 --> 00:10:17,080 yield and that you'd be able to to to pull to earn off ETH from 221 00:10:17,080 --> 00:10:20,720 the staking aspect and if that's pulled out it it is less 222 00:10:20,720 --> 00:10:23,880 interesting and I still kind of wonder like what is the what is 223 00:10:23,880 --> 00:10:26,960 the narrative what is the sales pitch for like if you've got 224 00:10:26,960 --> 00:10:31,120 customers and they've got X amount of money to invest in the 225 00:10:31,120 --> 00:10:35,320 Bitcoin ETS or the ETS what what is the sales pitch and I I'm 226 00:10:35,320 --> 00:10:40,080 still not 100% clear on that. Yeah, I mean, look, it looks 227 00:10:40,080 --> 00:10:42,920 like, oh, yeah, see, BlackRock confirms trash will not 228 00:10:42,920 --> 00:10:44,680 participate in theorems taking that 6 minutes ago. 229 00:10:44,800 --> 00:10:47,400 So that's gonna look. Maybe it's step one, right? 230 00:10:47,400 --> 00:10:50,240 Like, step one is that Step 2 is abolishing the SEC. 231 00:10:50,800 --> 00:10:52,360 Step three is just ball to the wall. 232 00:10:52,640 --> 00:10:56,640 You know, 'cause there is a bill that's this game pushed out to 233 00:10:57,240 --> 00:11:00,520 try and come after the SEC. It looks like Gary Gensler 234 00:11:00,520 --> 00:11:02,000 really plays himself here, boys, right? 235 00:11:02,000 --> 00:11:06,240 Like it looks like he tried to make a run against Crypto to 236 00:11:06,240 --> 00:11:10,720 satisfy God knows who maybe Jamie Dimon or demon. 237 00:11:10,720 --> 00:11:13,880 I don't know how you say it demon mommy demon is demon but 238 00:11:13,880 --> 00:11:17,040 to satisfy the the lives of these people and it looks like 239 00:11:17,040 --> 00:11:19,280 he kind of like to me I was thinking about this I was like 240 00:11:19,440 --> 00:11:21,200 because all along and we talked about this on the show a lot 241 00:11:21,200 --> 00:11:24,560 with OV and minors like why does someone who actually used to 242 00:11:24,560 --> 00:11:30,640 show crypto actually algorand used to now so and I mean I 243 00:11:30,640 --> 00:11:32,440 don't I don't want to call him smart because I don't think he's 244 00:11:32,440 --> 00:11:33,800 that smart after all that happened. 245 00:11:33,800 --> 00:11:35,760 But someone, someone has an education, right. 246 00:11:35,760 --> 00:11:38,280 Who understands markets, right. He understands his stuff. 247 00:11:38,280 --> 00:11:41,280 Like he's not that stupid is so avidly against it. 248 00:11:41,960 --> 00:11:44,360 Right. So I don't know, like I I think 249 00:11:44,360 --> 00:11:45,760 there was something and I think he tried. 250 00:11:46,080 --> 00:11:48,360 He tried. I think. 251 00:11:48,360 --> 00:11:51,320 I think he tried his luck and I think he failed miserably And 252 00:11:51,320 --> 00:11:53,720 now it's like it's not working. Just so you guys know Justin as 253 00:11:53,720 --> 00:11:56,720 well 3 minutes ago. And that'll that'll we should 254 00:11:56,720 --> 00:11:58,640 just go straight into the politics part of this. 255 00:11:58,640 --> 00:12:02,360 Because if there's no proof, other proof that this has become 256 00:12:02,360 --> 00:12:06,840 a huge political task. Senator Cynthia Loomis. 257 00:12:07,080 --> 00:12:09,000 We like her. Just so everybody knows we like 258 00:12:09,000 --> 00:12:11,000 Cynthia Loomis. Team Cynthia Loomis, right? 259 00:12:11,080 --> 00:12:12,520 Do we like her? Wait, I don't want to get 260 00:12:12,520 --> 00:12:13,880 cancelled. Sims and I don't really 261 00:12:13,880 --> 00:12:15,880 understand that stuff. Is she cool, Tyler? 262 00:12:15,880 --> 00:12:19,360 Does she support women's riots? Yeah, we like Cynthia Loomis. 263 00:12:19,400 --> 00:12:20,280 OK, cool. OK, cool. 264 00:12:20,360 --> 00:12:22,760 Because you never know it's. Got to be careful these days, I 265 00:12:23,040 --> 00:12:25,000 mean. I don't know. 266 00:12:25,000 --> 00:12:27,640 Like her, her hard stance on every single political issue. 267 00:12:28,160 --> 00:12:30,960 Cheerful in the USA because like, you'd be supporting 268 00:12:31,000 --> 00:12:33,120 someone that's pro crypto but they hate women. 269 00:12:33,840 --> 00:12:35,040 And then you're like, no, no, no, no. 270 00:12:35,040 --> 00:12:36,640 I love women. I'm for women's rights. 271 00:12:36,720 --> 00:12:38,840 And then you'd be supporting somebody else like, but he 272 00:12:38,840 --> 00:12:40,400 crypto. So it's like, I've got to be 273 00:12:40,400 --> 00:12:42,240 very careful here. I'm from Canada. 274 00:12:42,240 --> 00:12:44,720 I know Grant Cardone tweeted yesterday that the USA should 275 00:12:44,720 --> 00:12:47,320 annex Canada. We can have this conversation 276 00:12:47,320 --> 00:12:49,880 another day. But I saw that tweet that was so 277 00:12:49,880 --> 00:12:52,320 funny. Anyways But anyway so thank you 278 00:12:52,320 --> 00:12:55,560 Lumas. She said there's a bipartisan 279 00:12:55,560 --> 00:12:58,640 majority in both chambers of Congress in favor of crypto. 280 00:12:58,880 --> 00:13:01,520 The future is very bright. I mean she this is a mall quoted 281 00:13:01,520 --> 00:13:04,320 tweet right there. But what do we think here Tyler 282 00:13:04,480 --> 00:13:07,640 you you talked about the bipartisan majority a repeal 283 00:13:07,680 --> 00:13:09,320 voting to repeal that bill the other day. 284 00:13:09,760 --> 00:13:11,600 This confirms everything you've been saying. 285 00:13:12,520 --> 00:13:16,720 Yeah, I think politicians might not know much or everything, but 286 00:13:16,720 --> 00:13:20,320 one thing they do know is what they have to do to get re 287 00:13:20,320 --> 00:13:23,600 elected. And this has just become such an 288 00:13:24,160 --> 00:13:25,800 important issue. Like I don't think we thought it 289 00:13:25,800 --> 00:13:29,840 was going to be this this important in the 2024 election 290 00:13:29,840 --> 00:13:33,800 cycle as it has really has become in the last one to two 291 00:13:33,800 --> 00:13:38,080 months. And my read is that the pro 292 00:13:38,080 --> 00:13:42,280 crypto crowd feels more strongly about the crystal crypto aspect 293 00:13:42,280 --> 00:13:46,520 of this, this election cycle and the the party stances than the 294 00:13:46,520 --> 00:13:49,080 folks who who just are on the fence about crypto or don't care 295 00:13:49,080 --> 00:13:51,560 about it like that. They're not going to those folks 296 00:13:51,560 --> 00:13:54,920 aren't going to change their vote because their senator or 297 00:13:55,000 --> 00:13:57,920 House Rep is pro crypto like that's not going to be a big 298 00:13:57,920 --> 00:14:01,680 deal to them. But it is a big deal to a lot of 299 00:14:01,680 --> 00:14:04,840 young males in swing states who are pro crypto. 300 00:14:04,880 --> 00:14:08,000 And it just comes to the point where let let's not alienate 301 00:14:08,000 --> 00:14:12,440 that that base when when on an issue that's not to impact other 302 00:14:12,440 --> 00:14:14,360 people who are on the fence. So I think they're they're 303 00:14:14,360 --> 00:14:17,920 finally coming around to that which which you love to see can 304 00:14:17,920 --> 00:14:20,320 I quickly come back to Gary Ginsler my my new favorite Gary 305 00:14:20,320 --> 00:14:22,560 Ginsler working theory. This is a tinfoil hat theory 306 00:14:22,560 --> 00:14:25,080 you'll come to learn from. I am a I've got a little bit of 307 00:14:25,080 --> 00:14:30,400 a tinfoil hat arc in me is that he's a he's a double agent that 308 00:14:30,400 --> 00:14:33,000 he's effectively he's always been pro crypto and he's just 309 00:14:33,000 --> 00:14:38,280 coming in and botching all of these cases on purpose to to 310 00:14:38,280 --> 00:14:42,120 effectively enable the path forward for for crypto in the in 311 00:14:42,120 --> 00:14:45,600 the next you know 5 to 10 years. So I I don't, I don't fully 312 00:14:45,600 --> 00:14:48,680 subscribe to that but that is that would be a funny outcome 313 00:14:48,680 --> 00:14:51,640 all this because back to your point, it just it feels so 314 00:14:51,640 --> 00:14:54,400 absurd from like the the lectures he was giving four 315 00:14:54,400 --> 00:14:57,600 years ago to like. Goldman like the lectures he was 316 00:14:57,600 --> 00:14:59,400 giving, Like it just makes no sense, right? 317 00:15:00,280 --> 00:15:02,360 Yeah, It's hard to understand what his true motives are. 318 00:15:02,400 --> 00:15:05,720 It seems like he was in Elizabeth Warren's back pocket, 319 00:15:05,720 --> 00:15:08,480 and now the ties have turned against Elizabeth Warren. 320 00:15:08,720 --> 00:15:12,480 And now we've got the the Biden campaign hiring a a meme 321 00:15:12,480 --> 00:15:15,000 manager. We've got the Trump campaign 322 00:15:15,680 --> 00:15:18,960 opening up the doors to crypto donations and like the 323 00:15:18,960 --> 00:15:22,080 floodgates are open. Oh, I'm going to be an election 324 00:15:22,080 --> 00:15:23,440 cycle. In case you guys were not 325 00:15:23,440 --> 00:15:27,800 bullish enough today is like good news bonanza just then 326 00:15:27,880 --> 00:15:31,600 again the White House will not issue veto threat against the 327 00:15:31,600 --> 00:15:35,000 FIT 21 crypto bill. So the FIT 20 bill was a bill 328 00:15:35,000 --> 00:15:39,720 that was like pretty anti crypto and and the White House is 329 00:15:39,720 --> 00:15:42,720 actually not. No what was it It's there's a 330 00:15:42,720 --> 00:15:44,560 better explanation. It's news the White House will 331 00:15:44,560 --> 00:15:47,960 not issue a veto threat against FIT for 21st century act. 332 00:15:47,960 --> 00:15:50,760 The crypto market structure overhaul bill being voted on 333 00:15:50,760 --> 00:15:53,320 today flags concerns but no veto threat. 334 00:15:53,440 --> 00:15:55,240 This is a huge win for crypto backers on the hill. 335 00:15:55,240 --> 00:15:59,840 So it's all these little wins that continue to like become one 336 00:15:59,840 --> 00:16:03,320 like pretty pretty important win over here. 337 00:16:03,680 --> 00:16:06,600 So you know, I guess we can segue into the political stuff. 338 00:16:06,600 --> 00:16:11,080 It's not like we haven't already but like between this between, I 339 00:16:11,080 --> 00:16:14,320 mean there wasn't the block article that came from an 340 00:16:14,400 --> 00:16:17,920 anonymous SEC news source claiming that it was a political 341 00:16:17,920 --> 00:16:20,960 move. Nate Grassi who actually has 342 00:16:20,960 --> 00:16:28,480 been providing some pretty good like coverage on the ETF. 343 00:16:28,480 --> 00:16:30,880 As a matter of fact, he was he never said ETF would never 344 00:16:30,880 --> 00:16:33,640 happen unlike like some others and like Jurassi, sorry Jurassi, 345 00:16:34,440 --> 00:16:36,280 he never was on the side. That's never happening. 346 00:16:36,560 --> 00:16:39,360 Set that. He doesn't really believe it is. 347 00:16:39,360 --> 00:16:42,480 It is. It is it is that political. 348 00:16:42,480 --> 00:16:47,320 But now you have Donald Trump, Donald Trump, that's starting to 349 00:16:47,320 --> 00:16:49,920 accept crypto for his donation which is pretty smart if you ask 350 00:16:49,920 --> 00:16:51,160 me, right? Because there's a lot of money 351 00:16:51,160 --> 00:16:52,800 in crypto. It's it's very liquid. 352 00:16:52,800 --> 00:16:54,480 I mean, what do we make of all this? 353 00:16:54,480 --> 00:16:56,800 Is is Is the election going to be won over crypto? 354 00:16:57,760 --> 00:17:02,200 You look at what was said over the the Biden meme creation of 355 00:17:02,200 --> 00:17:05,599 thing and it was targeting more younger audiences. 356 00:17:05,960 --> 00:17:08,280 Like I think when you had that Trump dinner with the NFT stuff, 357 00:17:08,280 --> 00:17:10,280 I mean one he actually, I was stunned. 358 00:17:10,280 --> 00:17:12,400 He even went through with it. Like it's incredible that he did 359 00:17:12,440 --> 00:17:14,480 fully go through with it. People got to go there and meet 360 00:17:14,480 --> 00:17:16,920 him, speak with him, have dinner and and so on and so forth. 361 00:17:17,440 --> 00:17:19,680 But I think it opened people's, especially the American 362 00:17:19,680 --> 00:17:25,280 political side when he mentioned over crypto and that if you know 363 00:17:25,720 --> 00:17:27,359 I'm OK with it, you're OK with it. 364 00:17:27,680 --> 00:17:30,200 Yada yada yada. A lot of people realize, oh 365 00:17:30,200 --> 00:17:33,320 shit, this is an entire market that he's just won over by 366 00:17:33,320 --> 00:17:35,320 saying this. You know, the metrics, the 367 00:17:35,320 --> 00:17:39,440 social media, everything lit up like a candle in in the dark 368 00:17:39,440 --> 00:17:43,160 like everyone soon realized Christ wouldn't be missing out 369 00:17:43,160 --> 00:17:46,200 on this section for for such a a long, long time now. 370 00:17:46,200 --> 00:17:49,800 And whether you know whether Gensler does have alternative, 371 00:17:49,840 --> 00:17:52,280 you know, motions in the back is a different question altogether. 372 00:17:53,160 --> 00:17:55,520 I think he certainly has a vendetta and whether that's an 373 00:17:55,520 --> 00:17:58,600 angry vendetta for something not going right or not going his 374 00:17:58,600 --> 00:17:59,600 way, that's definitely what it's been. 375 00:17:59,600 --> 00:18:00,960 It's felt more personal than anything. 376 00:18:00,960 --> 00:18:03,920 If it is all about taking crypto down or if he thought this will 377 00:18:03,920 --> 00:18:06,080 keep me in power, this will keep me going for a hell of a long 378 00:18:06,080 --> 00:18:09,440 time when in reality all he's done is burn every fucking 379 00:18:09,440 --> 00:18:11,480 bridge going like within American politics. 380 00:18:11,480 --> 00:18:14,240 They've they've dragged him and rightfully so you there to 381 00:18:14,240 --> 00:18:19,280 protect people and all he's done is muddy the waters further. 382 00:18:19,400 --> 00:18:23,400 No clear lines of laws regulations rules of what people 383 00:18:23,400 --> 00:18:26,480 should be following. He's he's he's ass backwards. 384 00:18:26,480 --> 00:18:28,920 What he's done is set up his ass backwards and he's dug his own 385 00:18:28,920 --> 00:18:31,680 grave. And you know what happens from 386 00:18:31,680 --> 00:18:33,560 here forth. I agree with Mando fully what he 387 00:18:33,560 --> 00:18:35,520 said yesterday. You look at all these different 388 00:18:35,520 --> 00:18:38,560 things all these dominoes that are now falling down 1 by 1. 389 00:18:38,920 --> 00:18:40,800 They're throwing in the fucking towel. 390 00:18:40,840 --> 00:18:44,040 They've it's it's open. The floodgates are open. 391 00:18:44,600 --> 00:18:46,240 Fire away. What happens next? 392 00:18:46,240 --> 00:18:50,320 I have no idea. This ETF will go live, and I 393 00:18:50,320 --> 00:18:52,560 think the Super cycle we've all been promised is about to 394 00:18:52,560 --> 00:18:53,640 happen. I really do. 395 00:18:54,920 --> 00:18:58,440 That's where my head went, since it's if you believe in the meme 396 00:18:58,440 --> 00:19:02,160 coin super cycle and all of the events that would need to take 397 00:19:02,160 --> 00:19:07,880 place for that to happen. Well, huge, huge milestones are 398 00:19:07,880 --> 00:19:10,760 happening in real time. We've got both presidential 399 00:19:10,760 --> 00:19:15,480 campaigns in the US ahead of a major election cycle that's not 400 00:19:15,480 --> 00:19:18,480 coming till November. Now pro crypto Trump is Trump is 401 00:19:18,480 --> 00:19:22,400 accepting crypto donations, including memes Dosh and Shiba. 402 00:19:22,600 --> 00:19:26,080 And now we've got the Biden administration effectively doing 403 00:19:26,080 --> 00:19:30,280 a 180 on their policy, it seems. Now they're hiring a meme 404 00:19:30,280 --> 00:19:32,120 manager. They're going to start launching 405 00:19:32,120 --> 00:19:34,240 memes. Who knows if they start 406 00:19:35,120 --> 00:19:39,120 accepting meme coins as well in donations down the line. 407 00:19:39,680 --> 00:19:43,720 And I mean the 2nd, the 2nd that Trump does something with the 408 00:19:43,720 --> 00:19:47,560 Trump token that he starts accepting it or mentions it at a 409 00:19:47,560 --> 00:19:50,520 rally or something like everything is is going to level 410 00:19:50,560 --> 00:19:53,560 up. And I mean it's like this is 411 00:19:53,800 --> 00:19:56,000 these are the things that would that would have to happen for 412 00:19:56,000 --> 00:19:59,480 that this true meme coin super cycle thesis to play out and the 413 00:19:59,480 --> 00:20:01,640 foundation is being laid in real time. 414 00:20:02,240 --> 00:20:03,640 Coinbase position themselves, right? 415 00:20:03,640 --> 00:20:08,720 Coinbase, the application, actually, they could not accept, 416 00:20:08,720 --> 00:20:11,000 but certainly you could view and and hold it all and look at it 417 00:20:11,000 --> 00:20:13,640 all within your Coinbase app. Like if if there was an 418 00:20:13,640 --> 00:20:16,480 American, a company that was the American consumer and the 419 00:20:16,480 --> 00:20:19,400 average person, it's going to be Coinbase being able to do all 420 00:20:19,400 --> 00:20:21,160 that. And then it lines up like you 421 00:20:21,160 --> 00:20:23,360 look at everything that's lining up and then all of a sudden 422 00:20:23,680 --> 00:20:27,920 phantom apps #3 on the App Store because everyone just wants to 423 00:20:27,920 --> 00:20:29,960 buy this, everyone wants to get involved. 424 00:20:30,280 --> 00:20:34,480 The casino is fully open for the average person and everyone is 425 00:20:34,480 --> 00:20:38,920 taking full advantage of it. Like, I I truly think this is, 426 00:20:38,920 --> 00:20:40,320 this is the start of it. It's gonna be. 427 00:20:40,400 --> 00:20:47,400 It's gonna be interesting. Dude, this is like I I this is 428 00:20:47,400 --> 00:20:48,880 great. I mean these headlines coming 429 00:20:48,880 --> 00:20:50,880 back-to-back right now have direct effect on the market. 430 00:20:50,880 --> 00:20:53,440 So not to bring it back to price action, but bitcoin's like 431 00:20:53,440 --> 00:20:56,960 nearing back to above 70. K ish nearly there. 432 00:20:57,280 --> 00:21:00,320 Ethan is back above 3700. So Lana's running today pretty 433 00:21:00,320 --> 00:21:03,680 well at 181, was at 188 the other day dumped a little bit. 434 00:21:03,680 --> 00:21:05,880 Of course like with ETH running so much like you got to lift 435 00:21:05,880 --> 00:21:08,600 room to big daddy sometimes, you know so long as like that third 436 00:21:08,760 --> 00:21:11,160 child, right. You got got Bitcoin, you got to 437 00:21:11,160 --> 00:21:13,160 chill. You got to let you got to 438 00:21:13,160 --> 00:21:16,000 Ethereum do its thing and then you got to get it's like a baby 439 00:21:16,000 --> 00:21:17,000 kid, right. It's the third one. 440 00:21:17,000 --> 00:21:19,520 So you got to, you got to let you know your big middle brother 441 00:21:19,680 --> 00:21:24,120 kind of do their own thing and and and and and and do his thing 442 00:21:24,120 --> 00:21:26,600 and then you have whiff. Now back above $3. 443 00:21:26,600 --> 00:21:30,280 Been a minute last I checked. Last I checked, I mean the big 444 00:21:30,280 --> 00:21:32,680 CT people were all saying whiff is is going to zero. 445 00:21:32,680 --> 00:21:35,440 I don't know what happened there, but the hat definitely 446 00:21:35,440 --> 00:21:37,640 stayed on. OK Did Tyler take his hat off on 447 00:21:37,640 --> 00:21:38,280 the show? So far? 448 00:21:38,280 --> 00:21:39,800 No. He's hosted like 6 shows with 449 00:21:39,800 --> 00:21:41,120 us. His hat is always on. 450 00:21:41,640 --> 00:21:47,320 OK, study that, study that. I mean all the all the, all the, 451 00:21:47,440 --> 00:21:50,360 you know, Ethereum based meme coins are bouncing pretty well 452 00:21:50,480 --> 00:21:54,680 with mark above 320, three, 120 million which is pretty wild. 453 00:21:55,440 --> 00:21:58,120 It's actually really cool to see a coin go from 0 to $300 million 454 00:21:58,120 --> 00:22:00,160 over a year. Like to witness the whole run 455 00:22:00,160 --> 00:22:01,480 up. Like I this is something I've 456 00:22:01,480 --> 00:22:03,240 witnessed this cycle and it's a lot of fun. 457 00:22:03,240 --> 00:22:07,000 Same for Pepe. I mean, Pepe, it's like $5.5 458 00:22:07,000 --> 00:22:10,320 billion. It's that's one of the craziest 459 00:22:10,320 --> 00:22:12,360 things I've I've personally ever witnessed in my life. 460 00:22:12,360 --> 00:22:13,920 So this whole bipartisan thing is big. 461 00:22:14,400 --> 00:22:16,440 Let's talk about Donald Trump a little bit here, Tyler, because 462 00:22:16,440 --> 00:22:17,840 this news also came this morning, right? 463 00:22:18,400 --> 00:22:21,880 I it says CNBC seems like there's a there's an article for 464 00:22:21,880 --> 00:22:23,560 it. But apparently apparently so. 465 00:22:23,560 --> 00:22:26,120 Allegedly. I'll say here because I I have 466 00:22:26,120 --> 00:22:29,320 to find the actual CNBC article. Trump campaign vows to build a 467 00:22:29,320 --> 00:22:33,640 Bitcoin and crypto army so remember the Senator Warren big 468 00:22:33,640 --> 00:22:35,680 corn army Trump. I mean let's Google it together 469 00:22:35,680 --> 00:22:36,640 and see what's up. Yeah it is. 470 00:22:36,880 --> 00:22:40,800 It is it is on CNBC it's here Trump campaign starts taking 471 00:22:40,800 --> 00:22:43,360 cryptocurrency donations vows to build a crypto army. 472 00:22:43,360 --> 00:22:47,240 So that's clearly going after the Democrats and center Senator 473 00:22:47,640 --> 00:22:51,800 Elizabeth Warren's words which to build an anti crypto army 474 00:22:51,800 --> 00:22:54,840 which was memed time and time over on the timeline. 475 00:22:55,400 --> 00:22:57,960 So that's a big thing and you know it came on the back of 476 00:22:58,040 --> 00:23:02,320 Trump accepting cryptocurrency for for for his donation. 477 00:23:02,320 --> 00:23:03,720 And what do you, what do you make of that, Tyler? 478 00:23:03,720 --> 00:23:06,560 This is, it's a pretty big fucking deal in a very harsh 479 00:23:06,560 --> 00:23:07,800 sense. And if I'm not mistaken, it's 480 00:23:07,800 --> 00:23:10,880 the first time in history in America that this is a thing, 481 00:23:10,880 --> 00:23:14,120 right? I would think so. 482 00:23:14,120 --> 00:23:18,640 I don't recall crypto donations being open in the last cycle. 483 00:23:18,640 --> 00:23:24,120 I certainly certainly it was not this much on the forefront of on 484 00:23:24,120 --> 00:23:28,200 voters minds and I think the Trump campaign they saw an 485 00:23:28,200 --> 00:23:31,800 opening here and it really it was sparked from the the rally 486 00:23:32,240 --> 00:23:36,120 down in Florida with the D gods holder wearing the MOG glasses 487 00:23:36,120 --> 00:23:38,120 who who asked the the crypto question. 488 00:23:38,400 --> 00:23:41,120 Like if you think back to the Domino's meme like the the the 489 00:23:41,120 --> 00:23:44,360 one little domino that leads to the much larger one. 490 00:23:44,360 --> 00:23:47,680 It feels like that was the small domino that really kicked this 491 00:23:47,680 --> 00:23:50,240 all off. And now they realize that Trump 492 00:23:50,240 --> 00:23:53,960 can be positioned as the the pro crypto candidate. 493 00:23:54,400 --> 00:23:59,480 And even even if Biden and the Dems tried to kind of scramble 494 00:23:59,480 --> 00:24:04,360 to to fix it feels like they're they're already losing that 495 00:24:04,360 --> 00:24:07,200 race. And again, it's like this, this 496 00:24:07,200 --> 00:24:10,960 election is going to be won in five states on swing voters. 497 00:24:11,360 --> 00:24:15,400 And if Trump can win, you know, key votes because of a crypto 498 00:24:15,400 --> 00:24:17,120 stance, he's going to go after that. 499 00:24:17,120 --> 00:24:19,720 I got like, I guess to to bring us back to earth a little bit. 500 00:24:19,720 --> 00:24:22,880 I think there's still a little bit of concern of like, is this 501 00:24:22,880 --> 00:24:25,760 just pure posturing to win an election? 502 00:24:25,760 --> 00:24:26,880 It is. It probably is. 503 00:24:29,640 --> 00:24:33,080 And and so like what what would either candidate do in in 2025, 504 00:24:33,320 --> 00:24:36,400 you know, after the dust is cleared in the election. 505 00:24:36,560 --> 00:24:40,600 But I think that's all just speculation, No one really has 506 00:24:40,760 --> 00:24:43,680 any ideas. I think this the the broader 507 00:24:43,680 --> 00:24:47,480 aspect of you know, it becoming more more normal, more 508 00:24:47,480 --> 00:24:51,920 mainstream and more attention on it, you know hopefully just a 509 00:24:51,920 --> 00:24:56,280 net positive. Yeah, I mean, look, and I I've 510 00:24:56,760 --> 00:24:58,760 since is it so weird talking American politics? 511 00:24:59,840 --> 00:25:02,520 I, you know, I've always, to be fair from auk person, I've 512 00:25:02,520 --> 00:25:06,240 always said that like when we go through schools and stuff like 513 00:25:06,240 --> 00:25:09,840 it's one of my boomer topics. I would say like we learn about 514 00:25:09,880 --> 00:25:12,240 ancient Greece. We learn about Vikings and all 515 00:25:12,240 --> 00:25:15,840 this stuff like the past and you never learned about, dude, you 516 00:25:16,120 --> 00:25:17,560 never learned about American history. 517 00:25:17,560 --> 00:25:21,040 Like I've since when I started working with a lot of Americans 518 00:25:21,040 --> 00:25:24,120 a few years ago, like I started look, you know, looking into 519 00:25:24,120 --> 00:25:26,360 their histories, their walls that the back stories, the 520 00:25:26,360 --> 00:25:28,400 presidential stuff. Like it's really interesting. 521 00:25:28,600 --> 00:25:30,840 We just don't learn Jack shit about it in the UK. 522 00:25:30,840 --> 00:25:34,280 And I've no idea why. But yeah, I think the the one 523 00:25:34,280 --> 00:25:39,640 take away from this for me is by accepting crypto, he's 524 00:25:39,800 --> 00:25:43,400 unofficially acknowledging it that it is a form of payment and 525 00:25:43,400 --> 00:25:48,480 a form of currency, right. And I if he does get elected as 526 00:25:48,480 --> 00:25:51,600 the next president, I don't see a world in which he can go back 527 00:25:51,600 --> 00:25:53,920 on this because people have donated to him and supported 528 00:25:53,920 --> 00:25:55,760 him. How can you go back on this now? 529 00:25:56,080 --> 00:25:59,560 Like if he wins this, you are getting a president that has 530 00:25:59,600 --> 00:26:03,240 openly acknowledged that this has a monetary value to it. 531 00:26:05,000 --> 00:26:08,280 Yeah I mean that's I mean I we have heard we have seen right 532 00:26:08,280 --> 00:26:11,400 childish some instance of people going back on on on stuff once 533 00:26:11,400 --> 00:26:12,800 they were avoided. But you're right on this. 534 00:26:12,800 --> 00:26:14,920 I think you're right on the sense that he they're kind of 535 00:26:14,920 --> 00:26:18,160 like making crypto like a normal thing for normies and like that 536 00:26:18,160 --> 00:26:20,680 like this the website likethedonaldjtrump.com website 537 00:26:20,680 --> 00:26:23,280 literally itself like like that's the actual his official 538 00:26:23,280 --> 00:26:26,040 campaign website just straight up saying now sending crypto 539 00:26:26,320 --> 00:26:28,440 what are the what are the cryptos are that's it right. 540 00:26:28,440 --> 00:26:31,000 They're accepting. I love this graphic by the way 541 00:26:31,360 --> 00:26:33,560 it's so good. So it looks like they're 542 00:26:33,560 --> 00:26:41,040 accepting Bitcoin, Karim, Solana, USDC, XRP, Doge, What is 543 00:26:41,040 --> 00:26:44,120 this logo here? And Sheba? 544 00:26:44,120 --> 00:26:47,040 But what's this one? Yeah, I'm not sure what that is. 545 00:26:47,280 --> 00:26:48,640 I'm not too sure what. Let's see. 546 00:26:48,680 --> 00:26:51,520 I'm not gonna donate. Don't worry everyone, but I just 547 00:26:51,520 --> 00:26:54,440 want to see what they accept. I have to like. 548 00:26:54,480 --> 00:26:57,280 Oh my God, I'm not gonna let's go over all this. 549 00:26:57,280 --> 00:26:58,680 But it seems like they're accepting that. 550 00:26:58,680 --> 00:26:59,960 So that's an interesting one. So what are we? 551 00:27:00,200 --> 00:27:02,960 So we both made the post about this yesterday. 552 00:27:04,120 --> 00:27:06,520 Tyler, on the back of this has the Trump. 553 00:27:06,600 --> 00:27:10,120 So you have Trump token on Ethereum that ran, which has to 554 00:27:10,120 --> 00:27:13,240 my knowledge been the first actual Trump was the one on ETH, 555 00:27:13,240 --> 00:27:14,400 right. That was the first one to really 556 00:27:14,400 --> 00:27:17,480 run 'cause then you had the whole boat in thing on Solana, 557 00:27:17,480 --> 00:27:21,680 therefore you had tramp. So you have tramp and Trump. 558 00:27:21,680 --> 00:27:23,440 But then I found out there's a Trump rune. 559 00:27:24,840 --> 00:27:26,160 What? What are we doing? 560 00:27:26,600 --> 00:27:28,440 Base Carbon said. It's like the cap coins. 561 00:27:28,480 --> 00:27:30,960 It's like there's too many and they're eating off each other's 562 00:27:30,960 --> 00:27:32,080 meal. And I don't think he's wrong 563 00:27:32,080 --> 00:27:33,600 when he says that. So what? 564 00:27:33,600 --> 00:27:35,480 Wait, wait, which Trump? Which Trump coin are you 565 00:27:35,480 --> 00:27:38,040 supposed to buy when Trump makes shit like that? 566 00:27:38,400 --> 00:27:40,280 I mean, this is the billion dollar question, right? 567 00:27:40,280 --> 00:27:43,720 And I I I've been in so many political meme coin debates 568 00:27:44,000 --> 00:27:46,760 regarding the Trump token, the trimp and Bowden. 569 00:27:46,760 --> 00:27:48,720 Because do you remember for a while it looked like Bowden was 570 00:27:48,720 --> 00:27:51,040 going to be the the winner. I mean I think there was a point 571 00:27:51,040 --> 00:27:55,520 in time where Bowden, the number one of these three, it's since 572 00:27:56,280 --> 00:27:59,480 dipped quite a bit for me. It's the Trump coin. 573 00:27:59,480 --> 00:28:01,560 Trump coin on ETH is the clear number one. 574 00:28:01,560 --> 00:28:04,920 It's his name. It's on ETH with the ETH ETFs 575 00:28:04,920 --> 00:28:08,920 like there is no better set up than what the the Trump token on 576 00:28:08,960 --> 00:28:11,800 on ETH has. And if I had to bet on 577 00:28:12,880 --> 00:28:17,960 presidential candidate Trump name dropping one single token 578 00:28:17,960 --> 00:28:20,560 in this election cycle and it's this one, right? 579 00:28:21,000 --> 00:28:22,560 And. Plan on Ethereum, which is 580 00:28:22,560 --> 00:28:24,680 getting the ETFs. It's more political. 581 00:28:25,040 --> 00:28:27,320 I also thought so I I have a few friends. 582 00:28:27,320 --> 00:28:29,680 I've been in this since the early days on. 583 00:28:29,680 --> 00:28:33,680 I've never taken a a a pulley Fi bet this cycle yet. 584 00:28:33,680 --> 00:28:36,320 I wasn't in board, in and out a couple times pretty good on 585 00:28:36,320 --> 00:28:39,400 there, but not not like early or life changing money, just good 586 00:28:39,400 --> 00:28:41,800 trades. But this is like, this is pretty 587 00:28:41,800 --> 00:28:43,560 wild because like you're pretty much betting on the fact that 588 00:28:43,560 --> 00:28:44,840 he's going to continue talking about crypto. 589 00:28:44,840 --> 00:28:46,920 But he's kind of acknowledged that at this stage is part of 590 00:28:46,920 --> 00:28:48,680 the race. And then at the same time it's 591 00:28:48,680 --> 00:28:50,840 after his name. It just got confusing because 592 00:28:50,840 --> 00:28:53,960 you have all these different coins because even now like this 593 00:28:53,960 --> 00:28:56,600 is not me endorsing anything. But if I go right now on desk 594 00:28:56,600 --> 00:28:58,840 Screener, the number one trading coin is this. 595 00:28:59,880 --> 00:29:02,840 It's like another Trump related coin that came out five minutes 596 00:29:02,840 --> 00:29:03,640 ago. Be careful. 597 00:29:03,640 --> 00:29:05,720 It's like no liquidity, nothing. So it's not me but I'm just 598 00:29:05,720 --> 00:29:08,880 saying like I'm and then there's MAGA here and there's mega and 599 00:29:08,880 --> 00:29:10,400 this Trump like it's at the top here. 600 00:29:10,400 --> 00:29:12,800 You can see all of them and they're all trending at the same 601 00:29:12,800 --> 00:29:14,840 time, right. So it's like you got to be 602 00:29:14,840 --> 00:29:17,560 careful here, but there's so much going on and you have to 603 00:29:17,560 --> 00:29:19,000 I'll. Pop the disclaimer while we're 604 00:29:19,000 --> 00:29:21,520 on deck Screen We'll pop. That up. 605 00:29:21,520 --> 00:29:23,560 Yeah, pop pop pop. The disclaimer up, please. 606 00:29:24,160 --> 00:29:26,760 But it's but it's. I find this absolutely 607 00:29:26,760 --> 00:29:30,480 hilarious. And listen, I like the fact that 608 00:29:30,480 --> 00:29:34,320 crypto has become this whole like political thing for the 609 00:29:34,320 --> 00:29:37,600 reason that and I have as a crypto holder and you are all 610 00:29:37,600 --> 00:29:39,400 crypto holders as well. Well, I hope so. 611 00:29:40,080 --> 00:29:43,280 In the show and listening to show, we have the biggest asset 612 00:29:43,280 --> 00:29:45,920 managers in the world pumping our bags on TV and our 613 00:29:45,920 --> 00:29:47,520 politicians pumping our bags on TV. 614 00:29:49,120 --> 00:29:51,720 This is like a dream setup. We don't even need influencers 615 00:29:51,720 --> 00:29:53,160 anymore. It's over. 616 00:29:54,200 --> 00:29:56,720 It's over. You don't even need like GCR 617 00:29:56,720 --> 00:29:59,360 anymore at this stage. You're going to get like GCR 618 00:29:59,360 --> 00:30:02,200 came clutch, saved us when we needed them the most. 619 00:30:02,640 --> 00:30:06,000 You know, in the middle of like ballistic missiles, like crisis. 620 00:30:06,000 --> 00:30:09,120 And GCR comes out, rises out of the ashes like a ain't like a 621 00:30:09,120 --> 00:30:14,920 God and saves us, right? But now you have Trump GCR, you 622 00:30:14,920 --> 00:30:17,800 have Democrat GC, you have Republican GCR and Democratic 623 00:30:17,800 --> 00:30:23,400 GCR, and you have BlackRock GCR saving your back. 624 00:30:23,400 --> 00:30:27,920 So you absolutely love to see it and it seems like it seems like 625 00:30:27,960 --> 00:30:30,360 it's, it's a good feeling. Guys like you could just buy 626 00:30:30,360 --> 00:30:32,480 their coins, make your conviction bets, and log out for 627 00:30:32,480 --> 00:30:34,440 the rest of the summer and go enjoy, you know what I mean? 628 00:30:35,000 --> 00:30:36,880 And seems like we're in good hands as the elections are far 629 00:30:36,880 --> 00:30:39,040 out. Like this is going to last for a 630 00:30:39,040 --> 00:30:41,960 long time and I fucking love to see it, man. 631 00:30:42,120 --> 00:30:44,800 I feel so very. Quickly like it's just kind of 632 00:30:44,800 --> 00:30:49,120 dawning on me but like this is such a big signal from the the 633 00:30:49,120 --> 00:30:53,160 Trump campaign for those in mainstream America who who may 634 00:30:53,160 --> 00:30:57,960 have thought up until now that that crypto was fake money that 635 00:30:57,960 --> 00:31:04,480 it's just like this Ponzi scheme full of scammers and this is I 636 00:31:04,640 --> 00:31:08,280 mean it is a big signal and maybe like so now you're you're 637 00:31:08,280 --> 00:31:11,200 hearing your the Trump campaign talk about this buying campaign 638 00:31:11,200 --> 00:31:13,320 is getting behind it. Now your banker is going to 639 00:31:13,320 --> 00:31:17,120 start calling you you know once a month to say OK we've got 640 00:31:17,120 --> 00:31:20,520 these shiny new ETS would you like to to start investing in 641 00:31:20,520 --> 00:31:25,920 these And it's just it's more it's repetition it's becoming a 642 00:31:25,920 --> 00:31:29,040 a headline that they're reading on a weekly basis. 643 00:31:29,400 --> 00:31:32,680 It's normalizing it and it's going to open the door. 644 00:31:33,320 --> 00:31:35,720 I mean all the people that all your friends even outside of 645 00:31:35,720 --> 00:31:38,160 America where there's a UK where Sims is when I'm in Canada, like 646 00:31:38,160 --> 00:31:40,800 it doesn't matter because like everybody on earth follows the 647 00:31:40,840 --> 00:31:42,240 US politics because it's very important. 648 00:31:42,560 --> 00:31:45,840 And like and The thing is all the people that in the past 649 00:31:46,000 --> 00:31:49,720 questions like over Thanksgiving dinner like your your crypto 650 00:31:49,720 --> 00:31:52,120 buys all of a sudden go because at the end of the day like 651 00:31:53,360 --> 00:31:55,840 there's a lot of sheep out there and they only follow politicians 652 00:31:55,840 --> 00:31:58,400 and traditional media and what is being said on there. 653 00:31:58,400 --> 00:31:59,840 Right. So it doesn't matter how many 654 00:31:59,840 --> 00:32:02,640 times Tyler will tell his friends in Chicago to buy Crypto 655 00:32:02,640 --> 00:32:04,800 or me or Sam's in the UK, it doesn't matter. 656 00:32:05,120 --> 00:32:07,520 It doesn't matter, right. Like your friends I'm sure have 657 00:32:07,520 --> 00:32:09,040 not really listened to you. Right. 658 00:32:09,040 --> 00:32:10,880 They listen but a tiny bit, right? 659 00:32:10,880 --> 00:32:13,480 Maybe a tiny they bought $1000 worth of crypto, right? 660 00:32:13,480 --> 00:32:14,640 Or whatever they could. Right. 661 00:32:15,160 --> 00:32:18,200 But this I think is what makes people go over that edge. 662 00:32:18,680 --> 00:32:21,960 This is what makes people go into see what we saw, whether it 663 00:32:21,960 --> 00:32:25,280 was in 2021, whether it was 2017, whether it was in 2014, 664 00:32:25,280 --> 00:32:27,840 like it doesn't matter the cycle you were in and this is what 665 00:32:27,840 --> 00:32:31,840 starts a massive cycle. Like I still feel now like we 666 00:32:31,840 --> 00:32:34,440 are at the rumbling of like November, December 2020. 667 00:32:34,440 --> 00:32:37,000 I know DC talks about this a lot as well, like it's finally 668 00:32:37,000 --> 00:32:39,800 starting to get see to get more and more clear that this is 669 00:32:39,800 --> 00:32:41,640 where we're at. I know a lot of people compared 670 00:32:41,840 --> 00:32:45,640 this last dip last month, Chris, to hear your thoughts on the 671 00:32:45,960 --> 00:32:49,800 like the April May dip, like the May dip of 2021, but I don't 672 00:32:49,800 --> 00:32:52,040 think we're this far in. Like I genuinely believe that 673 00:32:52,040 --> 00:32:53,840 we're at the cusp of something big. 674 00:32:54,040 --> 00:32:56,480 The reason I say that is because last time we had a mega dip like 675 00:32:56,480 --> 00:33:01,000 that in summer of 21, all prices were already at highs, only 676 00:33:01,000 --> 00:33:04,520 Bitcoin had hit highs. Ethereum is still 1000. 677 00:33:04,640 --> 00:33:07,000 You know I'm I know you should put in percentage, but let's 678 00:33:07,000 --> 00:33:08,960 just put it this way. It's still like $1000 away from 679 00:33:09,040 --> 00:33:11,960 from all time high. Solana hit an all time high into 680 00:33:11,960 --> 00:33:15,040 volume like a market cap. It's all not there and it's it's 681 00:33:15,040 --> 00:33:17,720 a price unit bias. It's still not close to being at 682 00:33:17,760 --> 00:33:21,160 all time high into the price. It was 260, right, 270 ish and a 683 00:33:21,160 --> 00:33:23,400 lot of your favorite coins like still haven't hit highs, right. 684 00:33:23,640 --> 00:33:26,560 So it's like I think we're at the cusp of it. 685 00:33:26,560 --> 00:33:28,800 I mean what do we think like and you can segue into NFTS and 686 00:33:28,800 --> 00:33:30,480 whatnot Tyler And then of course I want to talk about the 687 00:33:30,480 --> 00:33:34,080 forecaster raise etcetera. But I think, like, you know, I 688 00:33:34,080 --> 00:33:36,160 think that we're at the beginning of something quite 689 00:33:36,680 --> 00:33:39,160 like a a massive paradigm shift because now it's become 690 00:33:39,160 --> 00:33:42,040 political and it's it's it's much different. 691 00:33:42,680 --> 00:33:44,240 I think there's there's still a chance we're in like the 692 00:33:44,240 --> 00:33:47,080 disbelief stage of of this cycle. 693 00:33:47,080 --> 00:33:50,040 I do not believe in the the left translated cycle. 694 00:33:50,040 --> 00:33:54,240 I I just I I think everything that's building with the the 695 00:33:54,640 --> 00:33:58,040 ETFs is too big for me to believe that this is all going 696 00:33:58,040 --> 00:34:01,480 to be topping in November of 20/20/24. 697 00:34:01,840 --> 00:34:05,240 I I just don't buy that. I think the cycle has much 698 00:34:05,240 --> 00:34:09,320 longer legs and I I think it it's more likely it's going to 699 00:34:09,320 --> 00:34:12,320 run for for multiple years then it's going to just going to run 700 00:34:12,320 --> 00:34:15,080 for the next six months. So I I don't buy that we're in 701 00:34:15,080 --> 00:34:17,760 the 5th inning. I think we're closer to like 702 00:34:18,120 --> 00:34:19,960 second or third inning in all this, so. 703 00:34:20,000 --> 00:34:22,159 You're calling it disbelief. I like that. 704 00:34:22,440 --> 00:34:25,760 The other thing, the other day day, I thought we were optimism. 705 00:34:25,840 --> 00:34:28,040 And then Benny Redbeard was like, Nah, hope. 706 00:34:28,480 --> 00:34:30,600 So you're saying disbelief, I thought optimism. 707 00:34:30,600 --> 00:34:32,400 Benny said hope. I'll settle for the middle. 708 00:34:32,400 --> 00:34:34,960 I mean what do you think Sam's, what do you, what do you think 709 00:34:34,960 --> 00:34:36,679 from your, I like to hear different perspective like what 710 00:34:36,679 --> 00:34:38,440 are you from your angle, where do you think we're at? 711 00:34:40,320 --> 00:34:45,320 I'd say hope also just because like you have that little mini 712 00:34:45,320 --> 00:34:49,520 dip afterwards, I do think if it goes like the other, like the 713 00:34:49,679 --> 00:34:54,040 other HFBTC, if we get this approved and it goes through, 714 00:34:54,480 --> 00:34:56,639 you're going to get that little drop off, right? 715 00:34:56,639 --> 00:34:59,640 People will sell into it. You'll become, if it's a slight 716 00:34:59,720 --> 00:35:01,600 exit, liquidity, people will sell into it. 717 00:35:01,600 --> 00:35:04,680 I think someone remember correctly, I were looking at a 718 00:35:04,680 --> 00:35:06,080 chart and the same happened with gold. 719 00:35:06,080 --> 00:35:09,600 When that went live it took a dip and then it just fully sent 720 00:35:09,600 --> 00:35:11,560 it. Like I'm expecting the same. 721 00:35:11,560 --> 00:35:14,440 I'm even like in my mind, I've been looking how do I? 722 00:35:15,320 --> 00:35:17,960 Vander's always very cautious and I respect the man because I 723 00:35:17,960 --> 00:35:19,720 listen to him quite a lot like how he is. 724 00:35:20,400 --> 00:35:23,200 Does he swing his balls around? I imagine he does. 725 00:35:23,240 --> 00:35:26,320 I truly imagine he does. And it's always warning, like 726 00:35:26,560 --> 00:35:30,720 when you have these times of uncertainty where it's swinging 727 00:35:30,720 --> 00:35:33,600 back and forth and you have these dangerously big wigs, just 728 00:35:33,600 --> 00:35:35,440 go careful. But I'm thinking in my mind, OK, 729 00:35:35,440 --> 00:35:37,560 how do I trade this? Is there a way that I can 730 00:35:38,320 --> 00:35:41,200 somehow get into Ethan out of it before it dips? 731 00:35:41,200 --> 00:35:44,040 Is there a way that I can try and find the bottom even on a 732 00:35:44,040 --> 00:35:46,280 very very, very tiny amount of leverage? 733 00:35:46,280 --> 00:35:49,640 Like, it's putting things in my mind, but I'm also of the other 734 00:35:49,640 --> 00:35:52,240 mindset. Does someone come in and 735 00:35:52,240 --> 00:35:54,400 slightly fuck it up for everybody, right? 736 00:35:54,400 --> 00:35:57,120 Does someone put a stop onto it? We we've seen blacks. 737 00:35:57,320 --> 00:35:59,360 Right before. So you're right about that. 738 00:35:59,360 --> 00:36:02,320 But like, now it's like, who's going to put a stop on that now? 739 00:36:02,360 --> 00:36:04,960 The people who were going to do this with the SEC and the 740 00:36:04,960 --> 00:36:08,240 American government, the SEC's getting shafted every single 741 00:36:08,240 --> 00:36:11,960 day, Gensler's in the bin and the politics are on board. 742 00:36:11,960 --> 00:36:13,480 Like I think it was yesterday somebody, one of the 743 00:36:13,480 --> 00:36:16,000 politicians, put laser eyes on their profile. 744 00:36:16,360 --> 00:36:19,760 So that's Sir. That's everybody. 745 00:36:20,760 --> 00:36:23,240 They're getting on board, and they understand that this is 746 00:36:23,240 --> 00:36:25,640 what the younger generation enjoy seeing. 747 00:36:25,640 --> 00:36:28,840 They understand that this is the Internet memeology and the 748 00:36:28,840 --> 00:36:31,640 Internet freedom. Like they get it. 749 00:36:31,640 --> 00:36:34,680 It's going to win votes. And even if Trump is abusing it 750 00:36:34,680 --> 00:36:39,280 to win votes, it's still working slightly in our favor because it 751 00:36:39,280 --> 00:36:41,720 means that the rest of the system has to get on board with 752 00:36:41,720 --> 00:36:42,840 it. They have to chase that. 753 00:36:43,160 --> 00:36:45,000 Biden knows it's up against the ropes. 754 00:36:45,320 --> 00:36:48,120 Trump knows that this is a big ace card that he's pulling out. 755 00:36:49,880 --> 00:36:52,280 Yeah, full send, Full send. Well send. 756 00:36:52,320 --> 00:36:53,480 I like that. I like that. 757 00:36:53,520 --> 00:36:56,440 I like the disbelief comment. Tyler, I I put a tweet out with 758 00:36:56,440 --> 00:36:59,120 the chart and I wrote disbelief. I'm curious to see what the 759 00:36:59,120 --> 00:37:00,840 people think. So if I pin it to the top if 760 00:37:00,840 --> 00:37:03,960 you're on Twitter space it's just in one word pick a word 761 00:37:03,960 --> 00:37:06,280 that's on this chart and I'm I'm curious to see where you guys 762 00:37:06,280 --> 00:37:08,160 think we're at. So I I if you're on if you're on 763 00:37:08,160 --> 00:37:11,600 XII just put the chart out. I I like I like this belief as a 764 00:37:11,600 --> 00:37:13,360 word. You know why I like this belief 765 00:37:13,360 --> 00:37:16,200 a lot, actually, Tyler, you made me think, you know, I thought 766 00:37:16,200 --> 00:37:19,680 optimism, but then Benny wrote me back to hope, but he's seen 767 00:37:19,680 --> 00:37:21,320 much, many more cycles than I have. 768 00:37:21,880 --> 00:37:24,640 And then you wrote me back to disbelief because I genuinely 769 00:37:24,640 --> 00:37:26,800 think because I was thinking about it from a crypto 770 00:37:26,800 --> 00:37:28,080 standpoint, like a crypto native. 771 00:37:28,160 --> 00:37:31,160 We do see hope, but I think from a normie standpoint, they see 772 00:37:31,160 --> 00:37:34,600 disbelief. I think the normies are like in 773 00:37:34,600 --> 00:37:37,800 disbelief right now saying, whoa, my president. 774 00:37:37,800 --> 00:37:40,760 Because for them is Trump. Let's say like the the middle 775 00:37:40,760 --> 00:37:45,240 American, like Republican voting Trump that doesn't like crypto. 776 00:37:45,240 --> 00:37:47,120 Because for him cash is hard money, right? 777 00:37:47,120 --> 00:37:49,640 Because he doesn't do. Yeah, he only believes in cash. 778 00:37:50,080 --> 00:37:52,400 I genuinely think he thinks he's in disbelief right now. 779 00:37:53,200 --> 00:37:59,240 I mean half the timeline thinks the top is in already like it's 780 00:37:59,240 --> 00:38:03,040 it's, it's not, it's. I do not feel one ounce. 781 00:38:03,040 --> 00:38:04,400 Like, yeah, I feel excited and happy. 782 00:38:04,400 --> 00:38:07,240 But like Sims has seen me on the show, you will know when I'm 783 00:38:07,240 --> 00:38:10,320 euphoric. The timeline has seen Farok 784 00:38:10,320 --> 00:38:11,880 Euphoric, pouring milk on his head. 785 00:38:12,000 --> 00:38:13,480 The Christmas ball will come back out, yeah. 786 00:38:13,920 --> 00:38:16,520 The Christmas ball is is is not out the. 787 00:38:16,760 --> 00:38:19,560 Christmas ball. I wonder if it's because like we 788 00:38:19,600 --> 00:38:22,920 we ran through a euphoric cycle and meme coins already this 789 00:38:22,920 --> 00:38:26,000 year. And I I do feel like a full on 790 00:38:26,000 --> 00:38:29,320 meme coin cycle has already run. I think a larger one is going to 791 00:38:29,320 --> 00:38:32,920 continue to run out, but like we saw whiff run from a new coin in 792 00:38:32,920 --> 00:38:38,120 November to 4.8 billion. Yeah, so there are sectors of 793 00:38:38,120 --> 00:38:40,760 the market who have gone full euphoric. 794 00:38:40,760 --> 00:38:45,120 So I do acknowledge that. But for the broader entire 795 00:38:45,120 --> 00:38:47,840 cycle, like we're at 2.6 trillion, you're telling me the 796 00:38:47,840 --> 00:38:50,560 top is in at 2.6 trillion total. Like, I just. 797 00:38:50,560 --> 00:38:56,800 I don't buy it. Yeah, I don't know I, I, I, I 798 00:38:56,800 --> 00:38:58,240 agree with you. I mean 2 1/2 trillion dollar 799 00:38:58,240 --> 00:39:00,240 crypto market is also nothing which is a joke. 800 00:39:00,240 --> 00:39:02,360 I mean 2 1/2 trillion dollars like just companies in the USA 801 00:39:02,360 --> 00:39:05,960 that are probably worth that. You know not that as a whole but 802 00:39:05,960 --> 00:39:08,160 two companies together is like 1-2 trillion. 803 00:39:08,160 --> 00:39:11,320 So it's like we're there. But anyways so that's that Look 804 00:39:11,320 --> 00:39:13,480 markets are looking good. I mean I think everybody could 805 00:39:13,480 --> 00:39:15,520 just chill right now like literally just enjoy your summer 806 00:39:15,680 --> 00:39:18,080 like literally just literally do that like you know what I mean? 807 00:39:18,080 --> 00:39:20,480 Like the the weather's starting to get good unless you're you're 808 00:39:20,480 --> 00:39:26,560 where Sims is at but but you know we we we just like you just 809 00:39:26,560 --> 00:39:29,240 got to you just got to make your bets and chill and even if your 810 00:39:29,240 --> 00:39:31,880 bet is ETH and that's where you're most comfortable and like 811 00:39:31,880 --> 00:39:33,680 you'll be fine. Of course NFADY you are on all 812 00:39:33,680 --> 00:39:37,680 the good stuff but like the news are leading us the right way so 813 00:39:37,680 --> 00:39:39,960 far. Unless unless but I don't need 814 00:39:39,960 --> 00:39:41,480 to think about the unless anyways. 815 00:39:42,000 --> 00:39:45,080 So in other news, in other news, in other news, I mean what what 816 00:39:45,080 --> 00:39:47,240 else do we have? We had some again like huge news 817 00:39:47,240 --> 00:39:49,400 on the crypto side. I mean you have forecaster, 818 00:39:49,400 --> 00:39:51,640 right? You want to cover that maybe 819 00:39:51,680 --> 00:39:55,480 Tyler, I mean there's a massive raise, massive raise on the 820 00:39:55,480 --> 00:39:59,960 forecaster side, $150 million dubbing in a Unicorn company, 821 00:39:59,960 --> 00:40:01,440 which means a billion dollar valuation. 822 00:40:02,280 --> 00:40:04,880 It's it's huge, huge. What do you make of that? 823 00:40:05,360 --> 00:40:07,840 Yeah, it really is huge. I think the the idea is they're 824 00:40:07,840 --> 00:40:10,200 going to they're going to use the funds to grow the user base 825 00:40:10,200 --> 00:40:12,280 and developer tools led by Paradigm. 826 00:40:12,880 --> 00:40:16,120 It included A16Z in the mix as well. 827 00:40:16,920 --> 00:40:19,840 It's a massive race right? It's I mean it's one biggest 828 00:40:19,960 --> 00:40:23,040 that we've seen. It has to be the biggest in 829 00:40:23,040 --> 00:40:24,760 social fire, right? I can't. 830 00:40:24,760 --> 00:40:28,400 I can't imagine that that Frintec and racer raised more 831 00:40:28,400 --> 00:40:34,120 than 150 million. But I I guess like I I listened 832 00:40:34,120 --> 00:40:37,000 to the third guy's faces. He was a forecaster maxi and 833 00:40:37,000 --> 00:40:41,040 power user and he's turned his back on the app who's partner on 834 00:40:41,040 --> 00:40:44,120 Warp cast right Hasn't thread guy effectively turned his back 835 00:40:44,120 --> 00:40:49,800 on Warpcast Thread guy. Yeah, but like my my entire read 836 00:40:49,800 --> 00:40:53,200 on this is that the power users or the the not the power users, 837 00:40:53,200 --> 00:40:56,160 not the builders who built Warpcast and forecast are from 838 00:40:56,160 --> 00:40:58,840 the ground up. But the the folks, the more of 839 00:40:58,840 --> 00:41:03,560 the ETH crypto Twitter guys who went over in the past three to 840 00:41:03,560 --> 00:41:07,320 six months, I feel like they came and they're back to Twitter 841 00:41:07,320 --> 00:41:09,480 already. I am one of them. 842 00:41:10,120 --> 00:41:12,920 I am one of them. I so I I love forecaster and 843 00:41:12,920 --> 00:41:14,240 warp cast. I love the idea of a 844 00:41:14,240 --> 00:41:17,480 decentralized protocol built on the theorem blockchain which 845 00:41:17,480 --> 00:41:21,280 allows for, you know, more freedom in a way when it comes 846 00:41:21,280 --> 00:41:23,200 to social platforms and its interactions. 847 00:41:23,440 --> 00:41:27,960 I think the biggest innovation out of all this was frames. 848 00:41:28,160 --> 00:41:32,640 I genuinely believe Frames is one of the biggest innovations 849 00:41:32,640 --> 00:41:34,960 in blockchain this year. Genuinely feel that in the last 850 00:41:34,960 --> 00:41:37,920 year like I think and actually shout out to our partners at 851 00:41:37,920 --> 00:41:40,000 Arbitrum. I mean now frames are are also 852 00:41:40,000 --> 00:41:42,920 on Arbitrum, so you can do both base and ARP which is super 853 00:41:42,920 --> 00:41:44,040 sick. So it's expanding. 854 00:41:44,720 --> 00:41:47,120 That was as of yesterday. I think the news came out. 855 00:41:47,120 --> 00:41:50,680 But like I think what forecaster allowed for growth in that 856 00:41:50,680 --> 00:41:52,040 sense. I think that when you give 857 00:41:52,040 --> 00:41:54,200 enough smart people and individuals the money, the 858 00:41:54,200 --> 00:41:57,240 resources and the power to build something they will. 859 00:41:57,360 --> 00:41:59,640 So that's why I like about forecast or the protocol itself. 860 00:41:59,840 --> 00:42:03,000 Now we'll warpcast last we'll see, but forecast the Forecaster 861 00:42:03,000 --> 00:42:05,600 client in the way of course that's what the core team's 862 00:42:05,600 --> 00:42:07,160 working on like Dan Romero and everyone. 863 00:42:07,240 --> 00:42:12,440 But you're right, like the people want to be met where they 864 00:42:12,440 --> 00:42:15,680 are, right, even for that's what for all we're building 865 00:42:15,680 --> 00:42:18,080 internally like with Content Plus and what we have coming up 866 00:42:18,080 --> 00:42:20,680 next, it's all going to be on native platforms, but including 867 00:42:20,680 --> 00:42:22,640 Forecaster. But The thing is now you're 868 00:42:22,640 --> 00:42:24,680 giving them $150 million on top of that. 869 00:42:24,680 --> 00:42:27,920 So Tyler, I'm assuming out of that they're going to be. 870 00:42:27,920 --> 00:42:30,960 If they were smart enough to build this almost 70, a hundred 871 00:42:30,960 --> 00:42:36,920 kdau with 150 millionaire War Chest could be interesting to 872 00:42:36,920 --> 00:42:39,360 see what they do next. Like I know someone like Sam's 873 00:42:39,360 --> 00:42:40,920 can't be bothered to go on forecaster because you're too 874 00:42:40,920 --> 00:42:43,920 busy doing platforms. Other platforms work, right. 875 00:42:44,200 --> 00:42:47,160 So that's I think when you get that layer of people to come in 876 00:42:47,880 --> 00:42:50,200 and also people like me and thread guy, we're all in at some 877 00:42:50,200 --> 00:42:51,880 point. But then like it's not. 878 00:42:51,880 --> 00:42:53,720 I don't, I love it. I'm a huge fan of warp cast 879 00:42:53,720 --> 00:42:56,520 forecaster. I just can't find the time to 880 00:42:56,520 --> 00:42:59,320 also be on there right now. It's tough even for our team 881 00:42:59,320 --> 00:43:01,160 internally, I'm not gonna lie, and we're a pretty big team now. 882 00:43:01,680 --> 00:43:04,640 We built a a tool so that decrypt articles are are posted 883 00:43:04,640 --> 00:43:08,120 on forecaster every day, forecast automatically and on 884 00:43:08,120 --> 00:43:11,000 our radio side we try to post a bit, but it's tough because I'm 885 00:43:11,000 --> 00:43:12,040 reaching the same people as heroes. 886 00:43:12,040 --> 00:43:14,320 So it's like the employee that I'm putting to work on there, 887 00:43:14,320 --> 00:43:18,120 his hours, I could put him on something else right now. 888 00:43:19,080 --> 00:43:22,640 And then once it's big, I'm happy to deploy a larger budget 889 00:43:22,640 --> 00:43:24,320 to catch up on time. Does that make sense? 890 00:43:24,800 --> 00:43:29,080 It does make sense like so it's $150 million and there's there 891 00:43:29,080 --> 00:43:30,960 are real builders building in this area. 892 00:43:30,960 --> 00:43:33,840 So like I I don't want to come across overly bearish on this. 893 00:43:34,760 --> 00:43:37,920 I'm just no, no one's being Twitter. 894 00:43:37,960 --> 00:43:39,800 Twitter is the town hall. That's not going to change. 895 00:43:39,800 --> 00:43:42,240 But if they can find a way to be unique, if they have the 896 00:43:42,240 --> 00:43:45,880 incentives like they they'll be able they're they can definitely 897 00:43:45,880 --> 00:43:48,280 figure it out and now they've got tons of runway and tons of 898 00:43:48,280 --> 00:43:53,280 money to to make that happen. But I mean it it's like it's an 899 00:43:53,280 --> 00:43:56,080 uphill doubt, right? It's it's hard to pull folks 900 00:43:56,360 --> 00:43:58,680 away from Twitter in this space because that's where the 901 00:43:58,680 --> 00:44:01,080 conversation is. Yeah, no, you're right. 902 00:44:01,080 --> 00:44:03,720 I mean, crypto Twitter is the town hall, which is very 903 00:44:03,720 --> 00:44:05,120 interesting. We think about it because a lot 904 00:44:05,120 --> 00:44:08,160 of people say, love to say like, oh, like it became worse, it 905 00:44:08,160 --> 00:44:14,600 became worse, it became worse. But we're still here. 906 00:44:15,120 --> 00:44:16,520 So. So we'll see. 907 00:44:16,680 --> 00:44:19,840 I saw, listen, we were down so bad last week that like the 908 00:44:19,840 --> 00:44:22,440 theorem axis were blaming forecaster for ruining a theory. 909 00:44:23,680 --> 00:44:28,560 Like let's not, let's not forget that people thought that 910 00:44:28,560 --> 00:44:31,640 forecaster destroyed the theorem price action, all right, 'cause 911 00:44:31,640 --> 00:44:36,400 it could control 1/2 a trillion dollar like, you know, asset, 912 00:44:36,560 --> 00:44:38,440 right. So there was that. 913 00:44:38,440 --> 00:44:40,440 But big Congrats. I I really can't wait to have 914 00:44:40,440 --> 00:44:42,520 Dan Romero on the show 'cause he's he's actually that guy 915 00:44:42,520 --> 00:44:44,800 that's like super busy so it's hard to get him catch him. 916 00:44:45,320 --> 00:44:48,160 So I'll I'll ping him up again to get him on but that's it's 917 00:44:48,160 --> 00:44:51,160 impressive man. So some news was there's a since 918 00:44:51,240 --> 00:44:54,800 going permission in Sex October forecaster I've seen 250,000 919 00:44:55,520 --> 00:44:58,840 paid sign ups and A50X increase in network activity. 920 00:44:58,840 --> 00:45:01,160 There are hundreds of developers building on the protocol and a 921 00:45:01,160 --> 00:45:03,160 growing number of apps and frames for people to use. 922 00:45:03,160 --> 00:45:06,000 So again like for me it was frames like something like D 923 00:45:06,000 --> 00:45:08,720 Gen. and D Gen. coin D Gen. tips and like the next 100 that 924 00:45:08,720 --> 00:45:10,440 people are or higher these things would not have been 925 00:45:10,440 --> 00:45:14,120 enabled on X. And I I really wonder sometimes 926 00:45:14,120 --> 00:45:17,480 like is Elon just going to go the route of forecaster because 927 00:45:17,480 --> 00:45:20,400 like I don't know why he's not like enabling tipping like the 928 00:45:20,480 --> 00:45:24,600 the X thing is not enough like it's like no one like no ones 929 00:45:24,600 --> 00:45:25,800 really making life changing money. 930 00:45:25,800 --> 00:45:28,760 Like you have to be on some level of like engagement to make 931 00:45:29,240 --> 00:45:33,160 proper cash for on on this app so. 932 00:45:33,920 --> 00:45:35,520 You've also got to pay to be here, right? 933 00:45:35,640 --> 00:45:39,120 You've essentially got to in order to not be choked in in 934 00:45:39,160 --> 00:45:42,800 replies, you've got to pay it a level of money which essentially 935 00:45:42,800 --> 00:45:44,640 is, you know, it's an entry window. 936 00:45:44,640 --> 00:45:47,960 You you want a low level entry. It's what we've said for years 937 00:45:47,960 --> 00:45:51,040 with crypto and onboarding normies like you need this 938 00:45:51,040 --> 00:45:52,360 wallet. You need to go change it's 939 00:45:52,360 --> 00:45:54,000 money. You need to go to this sex or 940 00:45:54,000 --> 00:45:55,400 this decks. You need to do this, this and 941 00:45:55,400 --> 00:45:57,000 this. Like now to do anything on 942 00:45:57,000 --> 00:45:58,880 Twitter you need to have a verified badge. 943 00:45:58,880 --> 00:46:00,440 You've got to pay for that verified badge. 944 00:46:01,080 --> 00:46:02,840 I'm using your platform. We've spoke about this 945 00:46:02,840 --> 00:46:06,400 previously. Like if I'm using a platform, I 946 00:46:06,400 --> 00:46:09,880 am essentially your customer, but I'm also your product. 947 00:46:09,880 --> 00:46:13,880 Using your platform gives you more numbers on it, but I don't 948 00:46:13,880 --> 00:46:18,000 want to pay to win on a fucking social platform. 949 00:46:18,440 --> 00:46:21,000 But it's also got to have an easy barrier of entry. 950 00:46:21,000 --> 00:46:23,840 I know there has to be some sort of revenue, but forcing people 951 00:46:23,840 --> 00:46:26,920 to pay to actually do it will drive people away, naturally. 952 00:46:26,920 --> 00:46:28,560 I also found it ironic when all this came in. 953 00:46:28,560 --> 00:46:31,680 At the start, you had people just by rating Twitter every 954 00:46:31,680 --> 00:46:35,160 single day and putting them on blast while posting on Twitter. 955 00:46:35,440 --> 00:46:37,880 It's like, do you not see the the irony there? 956 00:46:37,880 --> 00:46:40,240 You're complaining about Twitter on Twitter. 957 00:46:40,600 --> 00:46:42,440 Twitter. Always, always. 958 00:46:42,440 --> 00:46:43,640 It's. But that's like this is the 959 00:46:43,640 --> 00:46:45,040 beginning of times. It's always going to be like 960 00:46:45,040 --> 00:46:46,520 that. I I think we're in this weird 961 00:46:46,520 --> 00:46:49,280 phase for social social Phi. You were talking about this Sims 962 00:46:49,280 --> 00:46:52,160 earlier but it's like a lot of this social has been taken away 963 00:46:52,160 --> 00:46:53,640 when you put too much focus on Phi. 964 00:46:53,640 --> 00:46:55,920 I mean on the back of that Tyler, what happened on friend 965 00:46:55,920 --> 00:46:57,440 tank. I mean, what? 966 00:46:57,440 --> 00:46:59,520 What was yesterday's red candle about? 967 00:47:01,400 --> 00:47:04,400 We we were feeling so good just 24 hours ago. 968 00:47:06,320 --> 00:47:10,240 Friend friended pumps over $2.00 with the Ethereum pump and the 969 00:47:10,240 --> 00:47:15,440 clubs. We're all just rocketing and and 970 00:47:15,760 --> 00:47:20,680 one of the biggest holders he went by MO he just naked his 971 00:47:20,680 --> 00:47:23,480 entire bag. He did it in in seven clips. 972 00:47:24,080 --> 00:47:26,680 I don't even know how low Fran got. 973 00:47:26,680 --> 00:47:31,760 I think he he naked below $1.30 and not only that I mean he he 974 00:47:31,760 --> 00:47:34,600 sold off all his clubs. So like the Hogman Crankerson 975 00:47:34,600 --> 00:47:38,680 club had gotten up to like 2 like a $2000 entry. 976 00:47:38,760 --> 00:47:43,120 Like to to 900 friend it naked all the way down to like 400 977 00:47:43,240 --> 00:47:45,480 friend entry. So it it fell 50%. 978 00:47:45,640 --> 00:47:48,960 Some of the other clubs fell 50% as well. 979 00:47:48,960 --> 00:47:51,840 We did see a rebound in the wake. 980 00:47:53,800 --> 00:47:56,920 I do think folks are a little bit perhaps more cautious. 981 00:47:56,920 --> 00:48:00,040 I think today's a recovery day. I know that the folks yeah, I'm 982 00:48:00,040 --> 00:48:04,680 in small circle a Frontech and Anonymous. 983 00:48:04,680 --> 00:48:06,600 I think folks know him. He's a collector. 984 00:48:06,600 --> 00:48:09,320 He's done a lot of things. He is a he is deep in these 985 00:48:09,320 --> 00:48:11,040 streets. He's taking today off. 986 00:48:11,680 --> 00:48:14,680 Yesterday was a little bit much and everyone's kind of in 987 00:48:14,680 --> 00:48:18,440 recovery mode like let's let's see where this thing goes. 988 00:48:19,040 --> 00:48:22,040 I said this to him yesterday like all I noticed all the clubs 989 00:48:22,040 --> 00:48:26,760 even during this run up, he only had 600 unique members. 990 00:48:27,240 --> 00:48:31,480 So like that that is a red flag like oh man, like I I've been 991 00:48:31,760 --> 00:48:34,200 coming across bullish on Frintech and I still have a a 992 00:48:34,200 --> 00:48:37,160 fairly decent bag over there but we're going to need more than 993 00:48:37,160 --> 00:48:40,440 six or 700 people playing in this app for for this to have 994 00:48:40,440 --> 00:48:44,440 any legs and right now they're not coming and and big nukes 995 00:48:44,440 --> 00:48:48,480 like this aren't in the the cause And I think the other 996 00:48:48,480 --> 00:48:50,800 harsh reality a lot of people may not know this Machi is like 997 00:48:50,800 --> 00:48:53,800 a 7% holder friend like he has a massive. 998 00:48:54,600 --> 00:48:56,880 He's the LP, right? Is he the biggest LP? 999 00:48:58,120 --> 00:49:01,240 Yeah, yeah, he he's up there. He's he's at the top of the 1000 00:49:01,240 --> 00:49:04,880 list. If he decides to, if he decides 1001 00:49:04,880 --> 00:49:07,720 to sell it, it might all be, it might all be over. 1002 00:49:07,720 --> 00:49:10,120 So let's just hope that. I remember how that pre sale 1003 00:49:10,200 --> 00:49:16,840 went. Holding 7% is wild. 1004 00:49:16,960 --> 00:49:19,080 That is wild. That is a lot of money. 1005 00:49:19,960 --> 00:49:21,360 That is a lot of money. Anyway. 1006 00:49:21,360 --> 00:49:24,000 So that was that on the social Fi side, which which is 1007 00:49:24,000 --> 00:49:26,320 interesting, I mean and Fantasy top, I mean what did you what 1008 00:49:26,320 --> 00:49:27,760 did you end up placing in the rare tournament? 1009 00:49:27,760 --> 00:49:32,720 Tyler, I present something rare. Tournament is still going, so we 1010 00:49:32,720 --> 00:49:35,280 the comment did. Oh, the comment, Yeah, the 1011 00:49:35,280 --> 00:49:35,960 comment. Sorry, yeah. 1012 00:49:36,880 --> 00:49:45,800 Let me see, where did I end up? I finished 270 out of 10,000, so 1013 00:49:45,800 --> 00:49:49,160 I was decent. I was hoping for a little bit 1014 00:49:49,160 --> 00:49:52,680 higher. The rewards are kind of low and 1015 00:49:52,680 --> 00:49:55,760 so I saw complaints at the top end from folks who didn't feel 1016 00:49:55,760 --> 00:49:57,160 like the top ten got enough rewards. 1017 00:49:57,160 --> 00:50:00,480 I saw complaints from folks who were like in the mid tier like 1018 00:50:00,480 --> 00:50:04,160 in the 4005 thousand range, but the prizes weren't good enough 1019 00:50:04,160 --> 00:50:06,320 for them. So I think the broader reaction 1020 00:50:06,320 --> 00:50:09,320 in the market is folks aren't super happy right now in the 1021 00:50:09,320 --> 00:50:11,560 fancy top streets. And we saw I mean Zemeca posted 1022 00:50:11,560 --> 00:50:15,200 his price, his price updates. It's right across the board. 1023 00:50:15,680 --> 00:50:20,080 Everything's down. Yeah, I'm. 1024 00:50:20,080 --> 00:50:22,440 I'm OK like I'm comfortable holding through all this because 1025 00:50:22,440 --> 00:50:23,920 I always. I went into this with the 1026 00:50:23,920 --> 00:50:28,040 mindset I'm I'm playing for at least the next month until TG 1027 00:50:28,440 --> 00:50:30,160 and then we'll re evaluate there. 1028 00:50:31,280 --> 00:50:34,240 My one gripe I got to call out pancakes bro. 1029 00:50:34,240 --> 00:50:35,760 I think he was on the show last week. 1030 00:50:36,040 --> 00:50:38,040 The guy went silent. He didn't tweet, he hasn't 1031 00:50:38,040 --> 00:50:41,440 tweeted, he hasn't tweeted for the whole rare tournament which 1032 00:50:41,440 --> 00:50:46,000 I guess is just shining a light on how reliant we are on on 1033 00:50:46,000 --> 00:50:49,440 folks personal wins during these three and four day tournaments. 1034 00:50:50,600 --> 00:50:52,720 But but that's been a little tough to see. 1035 00:50:53,520 --> 00:50:56,960 Listen Blast is gonna give fancy Top a ton more gold and when 1036 00:50:56,960 --> 00:50:59,160 everyone sees that they're all gonna come back but that that's 1037 00:50:59,160 --> 00:51:01,520 my stance. But it might be a little, might 1038 00:51:01,520 --> 00:51:07,480 be a little choppy until then. Yeah, it's it's it's always like 1039 00:51:07,480 --> 00:51:09,920 I mean I I'm not really worried about it and I think it's the 1040 00:51:09,920 --> 00:51:11,200 way to do it. Like Travis was talking this 1041 00:51:11,200 --> 00:51:13,920 morning about some like waiting for cars burning etcetera like 1042 00:51:13,920 --> 00:51:15,640 these guys. I think I think we're dealing 1043 00:51:15,640 --> 00:51:17,800 with founders who understand Ponzi nomics pretty well as well 1044 00:51:18,360 --> 00:51:21,400 and understand like the way like things go and they've studied a 1045 00:51:21,400 --> 00:51:23,960 lot of the social fight stuff. So I'm actually, I'm actually 1046 00:51:23,960 --> 00:51:25,800 really bullish on again like like I was saying I'm a 1047 00:51:25,800 --> 00:51:28,000 forecaster like I'm really bullish on Dan Romero now 1048 00:51:28,000 --> 00:51:30,360 equipped with money to be able to build something great out of 1049 00:51:30,360 --> 00:51:32,280 the social fight or in the social fight arena. 1050 00:51:32,520 --> 00:51:34,280 I actually think the same of these guys. 1051 00:51:34,640 --> 00:51:38,520 Like, I think it looks like they they they they get it and like 1052 00:51:38,520 --> 00:51:41,160 although just trying to make it so there's a layer on top of 1053 00:51:41,160 --> 00:51:44,080 Twitter for you to be able to like win money and play cards 1054 00:51:44,080 --> 00:51:45,760 and play games. That may be like expanding it to 1055 00:51:45,760 --> 00:51:47,680 outside of CTE down the line this and that. 1056 00:51:47,680 --> 00:51:49,800 But they ship fast. That's what Pac-Man was telling 1057 00:51:49,800 --> 00:51:51,880 them yesterday was tweeting on the time. 1058 00:51:51,880 --> 00:51:54,760 It's like these guys shipped. They're like sharing with people 1059 00:51:54,760 --> 00:51:56,440 fast. They they they ship product 1060 00:51:56,440 --> 00:52:00,400 pretty fast in the meantime. So these are things that you'd 1061 00:52:00,400 --> 00:52:01,960 like to see. I think in this space also like, 1062 00:52:02,640 --> 00:52:04,480 we tend to not give people enough time to cook. 1063 00:52:04,960 --> 00:52:08,680 Like it takes a long time to build a successful business. 1064 00:52:08,680 --> 00:52:12,320 Like, we're 2 1/2 years in. Like none of this comes quick, 1065 00:52:12,320 --> 00:52:14,000 right? And then you're going to see a 1066 00:52:14,000 --> 00:52:15,960 lot of good things happen like, oh, shit, that came fast but 1067 00:52:15,960 --> 00:52:17,480 didn't. And I think it's like fantasy 1068 00:52:17,480 --> 00:52:19,720 top is what, two months of test net and like a month of full 1069 00:52:19,720 --> 00:52:24,000 launch, maybe same for like forecast or broadcast, like 1070 00:52:24,000 --> 00:52:25,360 forecast. So yeah, a lot of people were 1071 00:52:25,360 --> 00:52:27,600 early and early on, but it really popped like recently. 1072 00:52:27,600 --> 00:52:31,160 So like, you know, it took years for Jack to actually build 1073 00:52:31,160 --> 00:52:34,880 Twitter up or for Zuck to figure out meta with Facebook and 1074 00:52:34,880 --> 00:52:37,840 Instagram, etcetera. So it's like these things take a 1075 00:52:37,840 --> 00:52:39,760 lot. It took so much time for the big 1076 00:52:39,760 --> 00:52:42,200 traditional media companies to become the massive traditional 1077 00:52:42,200 --> 00:52:44,280 media companies of this world, right. 1078 00:52:44,280 --> 00:52:47,040 So I think I think we're like distorted because we live in 1079 00:52:47,040 --> 00:52:50,000 cycles in this thing and like we have founders that don't build 1080 00:52:50,000 --> 00:52:51,440 in cycles. Like I'm not going to build for 1081 00:52:51,440 --> 00:52:53,080 two years and then take a break for two years, right. 1082 00:52:53,080 --> 00:52:55,680 Success of the cycle is I'm gonna build for that whole four 1083 00:52:56,920 --> 00:52:58,520 years. So it's like, I think, I think 1084 00:52:58,520 --> 00:53:01,680 there's that too. Sorry, sorry to break you off. 1085 00:53:01,680 --> 00:53:04,080 Just look at WhatsApp. Is there new news? 1086 00:53:04,080 --> 00:53:05,640 Am I missing something? Hold on. 1087 00:53:05,920 --> 00:53:07,920 Watch your guru. OK, I got A tag. 1088 00:53:07,920 --> 00:53:12,240 What now, President. That is great. 1089 00:53:12,400 --> 00:53:16,600 That is just amazing. 10:51 AM. It's, it's it's good news. 1090 00:53:16,600 --> 00:53:18,560 Bonan. I mean, don't even be sorry for 1091 00:53:18,560 --> 00:53:20,400 that. This is great, Justin. 1092 00:53:20,960 --> 00:53:23,920 President Biden's administration says it's eager to work with 1093 00:53:23,920 --> 00:53:27,640 Congress to create a balanced regulatory framework for digital 1094 00:53:27,640 --> 00:53:30,840 assets. I mean, send puppets to 15 1095 00:53:30,840 --> 00:53:32,960 Bitcoin, bro. Send crypto punks. 1096 00:53:33,120 --> 00:53:37,480 Send. Oh my God, It's good news. 1097 00:53:37,480 --> 00:53:40,520 Bonanza today. When when when your notes are on 1098 00:53:40,520 --> 00:53:43,080 the table and things are going sideways, they give in to all 1099 00:53:43,080 --> 00:53:44,800 that. I mean that that is crazy to 1100 00:53:44,800 --> 00:53:46,720 say. He's always somewhat been 1101 00:53:46,720 --> 00:53:50,440 against it and like looking for ways to kind of shut it down Now 1102 00:53:50,520 --> 00:53:54,280 when votes and backs up against the wall, you know, maybe we'll 1103 00:53:54,280 --> 00:53:56,880 we'll have a look at it now because it's it's causing us 1104 00:53:56,880 --> 00:54:01,120 problems like fucking Hellboys. It's absurd when you see it, 1105 00:54:01,800 --> 00:54:04,120 like when you see it from the mindset that you understand 1106 00:54:04,680 --> 00:54:07,040 because this is a sector that we are experts in, that we show up 1107 00:54:07,040 --> 00:54:09,360 for every day. So we've we've seen how this 1108 00:54:09,360 --> 00:54:13,080 campaign has shifted their policy and now it's it's clearly 1109 00:54:13,080 --> 00:54:18,560 what their motives are. But man, this is a like I I 1110 00:54:18,560 --> 00:54:20,840 really, I truly felt like the US government was the final 1111 00:54:20,840 --> 00:54:24,360 roadblock for for crypto mass and what they potentially were 1112 00:54:24,400 --> 00:54:26,640 going try to shut it down and now it looks like that that's 1113 00:54:26,640 --> 00:54:31,200 gone. Dude, this is like, dude, we 1114 00:54:31,200 --> 00:54:34,120 love the LARP stuff. My friends like fucking LARP. 1115 00:54:34,120 --> 00:54:36,480 I'm like, we love the LARP dude. We love, We love the dead. 1116 00:54:36,760 --> 00:54:41,960 We love, we love that we like if there's a LARP comes in tries to 1117 00:54:41,960 --> 00:54:43,960 like grift out of the the space and stuff. 1118 00:54:43,960 --> 00:54:45,600 Yeah we don't like that. But if the US government is 1119 00:54:45,600 --> 00:54:50,360 trying to LARP on crypto to win an election be my guest. 1120 00:54:50,840 --> 00:54:52,720 You know what I am now USA Mexican. 1121 00:54:52,960 --> 00:54:56,840 I, I, I, I am switching my stance on the US politics. 1122 00:54:57,360 --> 00:55:00,400 You know I've been very vocal about Canada, US, the western 1123 00:55:00,400 --> 00:55:05,240 world being like anti crypto. I am now support in support of 1124 00:55:05,240 --> 00:55:08,680 the USA States of America. You know God bless the queen or 1125 00:55:08,680 --> 00:55:11,040 whatever you guys is like thing is though you don't have a queen 1126 00:55:11,040 --> 00:55:18,800 we do or king that is you know Sims not share a king but but 1127 00:55:18,800 --> 00:55:21,440 dude wow wow what I mean what no better way to end it. 1128 00:55:21,440 --> 00:55:23,080 I just saw the time. I know we're on time. 1129 00:55:23,080 --> 00:55:25,400 I think you know I know the ordinals are racing in a 0 1130 00:55:25,400 --> 00:55:27,000 Tyler. I know NFT is not doing so great 1131 00:55:27,000 --> 00:55:29,320 but let's keep that for tomorrow because today today is such a 1132 00:55:29,320 --> 00:55:31,520 good day. The sun is shining everywhere. 1133 00:55:31,720 --> 00:55:34,320 I think that also the digital assets news is actually positive 1134 00:55:34,320 --> 00:55:38,000 for digital assets in general. And I do think that the whole 1135 00:55:38,000 --> 00:55:40,000 NFT cycle, you need to let people cook first. 1136 00:55:40,840 --> 00:55:43,840 Like pongs didn't go to 400 K and apes didn't go to 400 K 1137 00:55:43,840 --> 00:55:46,480 either until people were already rich from these meme coins and 1138 00:55:46,480 --> 00:55:49,080 altcoins and everything. They got to let people get rich 1139 00:55:49,080 --> 00:55:51,080 first, right? Like you got to let people make 1140 00:55:51,080 --> 00:55:54,200 money to spend the dumb money. And you know, because sadly the 1141 00:55:54,200 --> 00:55:56,160 truth is a lot of people you see make money here are probably 1142 00:55:56,160 --> 00:55:58,480 going to spend it back all into the ecosystem. 1143 00:55:58,840 --> 00:56:02,120 True story happened here in 2021, right in front of you. 1144 00:56:02,120 --> 00:56:05,320 So it's going to happen. But yeah, Tyler Sam's, I think, 1145 00:56:05,760 --> 00:56:10,560 I think this was, I think this was a a good, a good, a good 1146 00:56:10,560 --> 00:56:11,560 roundup. It was good. 1147 00:56:11,600 --> 00:56:15,120 Day good day. Love it and we'll talk more. 1148 00:56:15,120 --> 00:56:16,640 Blast. Specific stuff. 1149 00:56:16,640 --> 00:56:19,200 And and and and and and specific stuff. 1150 00:56:19,200 --> 00:56:22,880 Oh shit, I'm not here tomorrow. But you know Tyler, whoever 1151 00:56:22,880 --> 00:56:24,920 Tyler brings, Tyler, Tyler is going to bring some people up. 1152 00:56:24,960 --> 00:56:27,560 So that's going to have the show still goes on tomorrow, but I 1153 00:56:27,560 --> 00:56:30,200 will see you all on Friday. Of course, for the robot spins, 1154 00:56:30,240 --> 00:56:31,240 right? Of course, Of course. 1155 00:56:31,240 --> 00:56:34,120 So anyways, anyways, with that, with that, with that, we'll see 1156 00:56:34,120 --> 00:56:36,280 all tomorrow morning, 10:00 AM Eastern Standard Time for the 1157 00:56:36,280 --> 00:56:38,240 episode of Formal hour on our radio. 1158 00:56:38,600 --> 00:56:39,800 Let's go.