1 00:00:00,200 --> 00:00:02,760 No, yo-yo, what up? What up? 2 00:00:02,760 --> 00:00:08,800 Good morning, Good morning. GMGI don't have my little music 3 00:00:09,200 --> 00:00:20,200 on GMGM Friday, Friday, Friday, then April 12th, 2020. 4 00:00:22,240 --> 00:00:26,640 Oh yeah, there you go. There you go. 5 00:00:26,760 --> 00:00:28,760 Chad. That is getting used to it. 6 00:00:29,000 --> 00:00:33,000 I think it's his first day producing The Sims Boy is not 7 00:00:33,000 --> 00:00:36,240 here today. But you know, and the hang of 8 00:00:36,240 --> 00:00:39,200 it, he cooked, he cooked, prepared everything perfectly. 9 00:00:39,560 --> 00:00:42,760 I got my coats in the house. OV how you doing today? 10 00:00:43,800 --> 00:00:44,680 Good man. How you doing? 11 00:00:45,640 --> 00:00:50,680 I'm much better than yesterday. That's I tell you. 12 00:00:51,080 --> 00:00:53,920 But yesterday the sun is shining bro. 13 00:00:54,120 --> 00:00:56,480 I saw your post about London. I was like same thing in Paris. 14 00:00:56,960 --> 00:01:02,680 I mean it is summer in Paris right now, like 25°C. 15 00:01:03,040 --> 00:01:10,280 Whatever it is in Fahrenheit, 25 seats F 7780°F Sunny bro. 16 00:01:10,280 --> 00:01:12,440 Sunny. I just want a 2 hour walk, nice 17 00:01:12,440 --> 00:01:14,360 walks. I did the Jardin de Tuilerie 18 00:01:14,360 --> 00:01:16,840 back and forth. Then I went to have a little 19 00:01:16,840 --> 00:01:20,040 pound chocolate and to little to the Madeline like cafe, you 20 00:01:20,040 --> 00:01:22,320 know, You know how I like to turn full French. 21 00:01:22,320 --> 00:01:24,160 When I'm here though, I'm wearing a Germany World Cup 22 00:01:24,160 --> 00:01:25,040 T-shirt. I got a lot. 23 00:01:25,080 --> 00:01:27,720 That's when people were looking at me weird in the street, like 24 00:01:27,720 --> 00:01:33,600 wearing champion DuMont, Germany with all their stars 1994. 25 00:01:35,440 --> 00:01:37,520 I wonder. That's why people were so rude 26 00:01:37,520 --> 00:01:38,800 to me. Because they're French. 27 00:01:38,800 --> 00:01:42,240 I don't know. Both. 28 00:01:42,760 --> 00:01:47,800 I can say that I'm French, but the sun is shining. 29 00:01:47,800 --> 00:01:49,400 It is Friday. Last show of the week. 30 00:01:49,720 --> 00:01:51,400 This week has felt like a fucking month. 31 00:01:51,400 --> 00:01:53,400 Our boy Mando is still not here. We missed Doug. 32 00:01:53,400 --> 00:01:54,720 Jesus. But he's moving. 33 00:01:54,720 --> 00:01:56,720 He's moving homes right now. So he's been. 34 00:01:56,720 --> 00:01:59,960 He's been quite busy, but I'm pretty sure he'll be back from 35 00:01:59,960 --> 00:02:02,600 Monday where I'll be hosting from the Emirates. 36 00:02:02,840 --> 00:02:05,120 From the Emirates Anyways, today on the show. 37 00:02:05,160 --> 00:02:07,320 Oh, what are you drinking today? I feel like you always have a 38 00:02:07,320 --> 00:02:10,520 new exotic drink. It's like a vitamin drink. 39 00:02:11,720 --> 00:02:14,240 It's not wrecked drinks, dude, What are you doing? 40 00:02:14,720 --> 00:02:15,720 What are you doing? Yeah, I know. 41 00:02:16,560 --> 00:02:18,880 It's not a wreck drink. Come on, man. 42 00:02:19,600 --> 00:02:22,160 Save them for people. I like that. 43 00:02:22,160 --> 00:02:22,920 OK, fine. That's fair. 44 00:02:22,920 --> 00:02:23,640 That's fair. That's fair. 45 00:02:23,800 --> 00:02:25,520 Nice little energy drink. What up, What up? 46 00:02:25,520 --> 00:02:26,760 All right, y'all. You know what to do. 47 00:02:27,040 --> 00:02:28,920 It's Friday. It's loot box day. 48 00:02:28,920 --> 00:02:30,880 Your boy has to has to do the loot box. 49 00:02:30,880 --> 00:02:32,120 I'll prepare him during the show. 50 00:02:32,360 --> 00:02:35,440 Two people are going to be picked for $5000 pin. 51 00:02:35,440 --> 00:02:37,720 So two chances of winning a $5000 pin. 52 00:02:37,960 --> 00:02:41,400 I mean, we've given away like $200,000 so far on the show over 53 00:02:41,400 --> 00:02:45,040 the last couple of months thanks to Robit and today's show. 54 00:02:45,480 --> 00:02:50,040 Today, today, what are we gonna talk about? 55 00:02:50,200 --> 00:02:54,600 We're going to talk about daily market, Azure, crypto macro, 56 00:02:54,920 --> 00:02:57,680 Bitcoin, back above 70, I think. Well, not anymore. 57 00:02:57,680 --> 00:02:58,960 Shit. Fuck. 58 00:02:59,520 --> 00:03:03,400 As the show started, I think we were nearly $71,000 when I woke 59 00:03:03,400 --> 00:03:06,680 up here in France. So market was pumping and the 60 00:03:06,680 --> 00:03:08,840 market is wow, we're racing at 0 now. 61 00:03:08,920 --> 00:03:10,480 Damn it. Damn it, damn it. 62 00:03:10,720 --> 00:03:13,000 Bitcoin is only at last cycles all time high shit. 63 00:03:13,040 --> 00:03:17,200 Actually, I want to talk to you about this because the timeline 64 00:03:17,200 --> 00:03:19,600 feels so bearish, like what's going on? 65 00:03:19,760 --> 00:03:21,760 Like I'm gone for a week and everybody's fucking bearish. 66 00:03:22,000 --> 00:03:23,680 What? I mean, not us, that's for sure. 67 00:03:23,680 --> 00:03:26,240 I mean that time my group chats, the homies are all bullish as 68 00:03:26,240 --> 00:03:28,040 fuck. So the timeline bullish. 69 00:03:28,800 --> 00:03:30,440 You know, Bitcoin in narrow range. 70 00:03:30,440 --> 00:03:33,840 I mean, dude, I'm telling you, the lions, the lions, the 71 00:03:33,840 --> 00:03:36,480 astrologists. So far so good. 72 00:03:36,880 --> 00:03:38,800 My favorite astrologist on the timeline. 73 00:03:39,080 --> 00:03:41,120 This is this bullish Pennant there. 74 00:03:41,320 --> 00:03:42,920 It's looking good. It's looking at because 75 00:03:42,920 --> 00:03:45,880 completely break out next week as the halving is around. 76 00:03:45,960 --> 00:03:49,520 So we'll see ETH accumulation by stable Conwayans is increasing 77 00:03:49,800 --> 00:03:55,280 new ETH IPEIP sorry to reduce number of signing transactions. 78 00:03:55,280 --> 00:03:58,480 Full activity rebounds. Actually, OV last night I 79 00:03:59,600 --> 00:04:01,960 Where's OV? What? 80 00:04:03,200 --> 00:04:04,680 Nope. His Chrome browser crashed. 81 00:04:04,880 --> 00:04:08,320 I'm like, I'm like talking to myself here and I'm like, holy 82 00:04:08,320 --> 00:04:10,840 shit, Obi's not here. Oh, he's back. 83 00:04:11,640 --> 00:04:13,440 Obi's so funny. I was in a different browser and 84 00:04:13,440 --> 00:04:14,480 I opened it. So I was like, wait, what the 85 00:04:14,480 --> 00:04:18,560 fuck is Obi? Yeah my my Chrome crashed by me. 86 00:04:19,320 --> 00:04:20,720 It happens to me. By the way, I don't know about 87 00:04:20,720 --> 00:04:23,440 you, but the new computers that we all got, my Chrome, my 88 00:04:23,440 --> 00:04:25,640 WhatsApp and my imessages tend to crash a lot. 89 00:04:26,160 --> 00:04:28,760 I don't know why. Yeah, I just have random things 90 00:04:28,760 --> 00:04:31,680 crashing right now. Like my Internet crashed earlier 91 00:04:31,680 --> 00:04:34,200 today. I think Chrome is just quite 92 00:04:34,200 --> 00:04:36,840 shit, but I like the only thing I like about Chrome is like 93 00:04:36,840 --> 00:04:40,720 being able to use different like accounts. 94 00:04:40,920 --> 00:04:43,720 And yeah, exactly like I have my work one and personal one and 95 00:04:43,720 --> 00:04:45,840 all that kind of stuff, but. It's like when Mando left his 96 00:04:45,840 --> 00:04:48,240 Chrome account open on my computer and I realized a week 97 00:04:48,240 --> 00:04:51,320 later that I was locked into his Twitter I was going to post a 98 00:04:51,320 --> 00:04:54,120 troll. Like something funny He didn't 99 00:04:54,120 --> 00:04:55,720 because I feel like something Mando would hate. 100 00:04:55,800 --> 00:04:57,640 I I consulted with Obi. I was like, Obi. 101 00:04:57,840 --> 00:04:59,680 Is that the type of thing that Mando would be really pissed 102 00:04:59,680 --> 00:05:00,920 about? He's like, yeah, I was like, OK, 103 00:05:00,920 --> 00:05:05,240 let's just not go there. He did Mando minutes from my 104 00:05:05,240 --> 00:05:08,000 computer in Davos and then he laughed it open and shit. 105 00:05:08,000 --> 00:05:09,360 I didn't do anything. I closed it. 106 00:05:09,840 --> 00:05:11,760 But you know, I definitely thought about doing something. 107 00:05:12,000 --> 00:05:15,480 Anyways, to read about this Obi, I was saying last night, I was 108 00:05:15,480 --> 00:05:18,400 at the founder of President Ledger Pascal Gautier. 109 00:05:18,640 --> 00:05:21,080 He owns a bar in the second. I want this small or around the 110 00:05:21,080 --> 00:05:22,800 market. So I went there and it was a 111 00:05:22,800 --> 00:05:25,160 bunch of cool people like hey Rodgers, Errol Wengraph, the 112 00:05:25,160 --> 00:05:28,720 Ledger crew, Naveen from Tari. You know the fam, right? 113 00:05:29,120 --> 00:05:32,280 And I as I'm waiting for my Uber, I heard these people 114 00:05:32,280 --> 00:05:35,480 talking about whiff and onsome. I'm like, oh wait, if the hat 115 00:05:35,480 --> 00:05:37,920 stays on, the hat stays on blah blah oh shit, OV's lagged. 116 00:05:37,960 --> 00:05:40,440 Or unless it's me I think OV shit crashed again. 117 00:05:40,440 --> 00:05:42,400 Anyways, I'm going to keep telling my story because I guess 118 00:05:42,400 --> 00:05:43,680 it pertains to everybody on the space. 119 00:05:44,080 --> 00:05:48,080 And then as I'm, I'm hearing my wiff like, whiff the hat stays 120 00:05:48,080 --> 00:05:50,480 on, like, hey, and I was like, what's up? 121 00:05:50,480 --> 00:05:52,280 I'm Furoko. The guy goes, I'm a Solana 122 00:05:52,280 --> 00:05:53,600 Foundation. I'm like, what's your name? 123 00:05:53,600 --> 00:05:55,880 He goes Austin. I'm like, shit, you're Austin 124 00:05:55,880 --> 00:05:58,160 Federa. And so who was Austin Federa, 125 00:05:58,160 --> 00:06:01,440 the head of strategy at Solana, talking about whiff in the 126 00:06:01,440 --> 00:06:03,560 streets of Paris? I thought I was gangster. 127 00:06:04,440 --> 00:06:07,800 And so I asked him, I said, and I was like, we Austin, can I ask 128 00:06:07,800 --> 00:06:08,560 you something? It was yes. 129 00:06:08,560 --> 00:06:10,840 I go, when the fuck is the network going to work again? 130 00:06:12,640 --> 00:06:15,720 I had to, you know, I was like listen like 80 or 90% of My 131 00:06:15,720 --> 00:06:19,280 Portfolio now is like it's a lot and it's ecosystem. 132 00:06:19,280 --> 00:06:21,920 I was like, listen, I'm building on Ethereum, but I was a lot of 133 00:06:21,920 --> 00:06:25,800 guy when it comes to my money and and he said that the there's 134 00:06:25,800 --> 00:06:29,280 the patch come in and he was, he said it with confidence and I 135 00:06:29,280 --> 00:06:31,880 like that about my founders. You know, he said it with 136 00:06:31,880 --> 00:06:34,200 confidence. So I think we'll be good of it. 137 00:06:34,240 --> 00:06:35,960 I think we'll be good and we'll talk about this because Mando 138 00:06:35,960 --> 00:06:38,560 sent some very interesting stats in the chat about Solana. 139 00:06:38,560 --> 00:06:41,040 I know you've been talking about that a lot as well. 140 00:06:41,040 --> 00:06:43,280 And then on to on to the next one. 141 00:06:43,280 --> 00:06:46,360 I mean all memes and dreams. I mean I'm sorry. 142 00:06:46,360 --> 00:06:48,480 Y'all I'm going to talk about runes again. 143 00:06:48,840 --> 00:06:52,720 I'm sorry but I'm not sorry. I'm going to bust your ears 144 00:06:52,720 --> 00:06:55,520 again about runes. Because every day I check price, 145 00:06:55,960 --> 00:06:59,120 good price. And I'm think we're almost, I 146 00:06:59,120 --> 00:07:01,120 think we've almost defeated the non monkeys. 147 00:07:01,360 --> 00:07:02,720 Where are we at? Oh no. 148 00:07:02,840 --> 00:07:04,720 Every time we get close we get further. 149 00:07:04,920 --> 00:07:06,920 God damn it, fucking Bitcoin whales. 150 00:07:08,120 --> 00:07:10,400 We'll talk about runes. We'll talk about ordinals. 151 00:07:10,680 --> 00:07:13,960 We'll talk. We'll talk about all that good 152 00:07:13,960 --> 00:07:17,240 stuff with y'all and NFTS this and that. 153 00:07:18,000 --> 00:07:23,200 Coinbase listed Pepe futures What finally about time type you 154 00:07:23,200 --> 00:07:28,320 know Coinbase complete 180 from from writing that it was not a 155 00:07:28,320 --> 00:07:31,360 good coin to being I guess trading futures on there so 156 00:07:31,360 --> 00:07:35,560 shout out to them for that and then I don't know there's a lot 157 00:07:35,560 --> 00:07:40,520 of fun around block you have packed finance liquidates 26 158 00:07:40,520 --> 00:07:42,680 miles of changing the rules So whatever the fuck is going on 159 00:07:42,680 --> 00:07:45,640 there I heard it was Paris based guys that already fucked up once 160 00:07:45,640 --> 00:07:51,320 on east another X copy sale Geez grass $1,000,000 Spencer 161 00:07:51,320 --> 00:07:52,840 adventures. Her boy had an announcement 162 00:07:52,840 --> 00:07:55,880 yesterday I'd love to see it good friend and and of course 163 00:07:55,880 --> 00:07:59,200 you know today's guest is Fairside is gonna be joining us. 164 00:07:59,200 --> 00:08:02,160 You've heard of Fairside why Because they are title sponsor 165 00:08:02,160 --> 00:08:05,520 of the show so Fairside network the folks that are gonna be 166 00:08:05,520 --> 00:08:08,200 joining us for guest segment at the end wallet coverage for 167 00:08:08,200 --> 00:08:11,680 trains scams and more So excited to actually ask them more about 168 00:08:11,680 --> 00:08:13,880 what's going on so you guys can hear and then of course this 169 00:08:13,880 --> 00:08:15,840 show is also powered by film that IO the world's most 170 00:08:15,840 --> 00:08:18,760 powerful decentralized filmmaking ecosystems. 171 00:08:18,760 --> 00:08:21,400 So remember to retweet the tortoise space and spin at the 172 00:08:21,400 --> 00:08:23,280 top. The Bomber might is a purple 173 00:08:23,280 --> 00:08:25,200 box. Drop me a GM because you know we 174 00:08:25,200 --> 00:08:29,160 like her GMs. And then also retweet for one and two chances 175 00:08:29,400 --> 00:08:31,080 of winning aerobics pin. Let me tell you, you're going to 176 00:08:31,080 --> 00:08:32,960 make money for sure. Guaranteed, because that's what 177 00:08:32,960 --> 00:08:35,039 people make everyone with us anyways. 178 00:08:35,200 --> 00:08:37,840 Without further ado, let's get right into it. 179 00:08:39,080 --> 00:08:43,799 Daily Market report brought to you by Rug radio. 180 00:08:45,440 --> 00:08:50,320 What's the word? Yes, it's not really a great day 181 00:08:50,320 --> 00:08:51,880 to be honest with. You like stocks to lower. 182 00:08:51,880 --> 00:08:57,680 Again, I think we're down one 1 1/2% in the S&P 500 and the 183 00:08:57,680 --> 00:09:01,440 NASDAQ rates are off their highs, but they're still 184 00:09:01,440 --> 00:09:03,480 obviously very elevated in the context of this year. 185 00:09:03,480 --> 00:09:05,160 They're still at the height of the year pretty much. 186 00:09:06,680 --> 00:09:09,440 So tradfire's not looking really that great. 187 00:09:09,840 --> 00:09:14,600 I think we will have, I think we have the FOMC next week. 188 00:09:14,600 --> 00:09:16,120 If I'm not wrong, I guess FOMC of the year. 189 00:09:16,480 --> 00:09:18,800 Oh no, no no. April 30th to May 1st. 190 00:09:18,800 --> 00:09:20,400 So we've got a while until the FOMC. 191 00:09:20,400 --> 00:09:22,640 So curious to see what happens in the for the next couple of 192 00:09:22,640 --> 00:09:28,720 weeks as it's a while until we next hear from the Fed crypto 193 00:09:28,720 --> 00:09:30,000 price action is not really great. 194 00:09:30,000 --> 00:09:33,200 I mean we were above 70 K for a while. 195 00:09:33,200 --> 00:09:36,760 We're now back down to 69.5 K What I would say is it does feel 196 00:09:36,760 --> 00:09:40,240 like it's Bitcoin that is outperforming everything else. 197 00:09:40,240 --> 00:09:43,440 Bitcoin dominance is almost all the way up to 55%. 198 00:09:43,440 --> 00:09:46,160 So we're almost back to the highest there and alts really do 199 00:09:46,160 --> 00:09:49,240 feel like they're leaking low all the alts across my screen 200 00:09:49,240 --> 00:09:51,720 and just feel like they're a bit down only here. 201 00:09:51,720 --> 00:09:56,560 So definitely not a great day for price action in crypto and 202 00:09:56,560 --> 00:10:00,480 especially alts, Bitcoin ETF flows. 203 00:10:00,480 --> 00:10:02,920 I think we had a positive ETF inflow day yesterday, but like I 204 00:10:02,920 --> 00:10:06,120 said, right now we're kind of scaling up plus 100 -, 100 205 00:10:06,120 --> 00:10:08,200 million in terms of flows. There hasn't really been a 206 00:10:08,200 --> 00:10:10,960 consistent stream of inflows or outflows. 207 00:10:10,960 --> 00:10:15,200 So we we're not really moving with great sensitivity to ETF 208 00:10:15,200 --> 00:10:17,200 flows at the moment. So I just think we're in this 209 00:10:17,200 --> 00:10:19,960 period of like fucking chopping around and crabbing for a bit. 210 00:10:19,960 --> 00:10:21,880 Funding is still very low, funding is not high. 211 00:10:21,880 --> 00:10:24,800 So it's not really like people are getting liquidated on on 212 00:10:24,800 --> 00:10:27,440 levered longs here. I just think it's, it got to 213 00:10:27,440 --> 00:10:30,520 that point where we probably had a retail influx of people who 214 00:10:30,520 --> 00:10:35,200 entered this market, you know at some point in in March and 215 00:10:35,440 --> 00:10:38,240 people probably went you know balls deep on alts because we're 216 00:10:38,240 --> 00:10:40,800 all waiting for the alt season and that's where we're going to 217 00:10:40,800 --> 00:10:43,760 get like the big multipliers from. 218 00:10:43,760 --> 00:10:46,200 And now maybe people, some people have thrown the towel and 219 00:10:46,200 --> 00:10:48,680 I don't really know, but also across the border just very, 220 00:10:48,680 --> 00:10:51,360 very weak at the moment. So I just think I think it's 221 00:10:51,360 --> 00:10:52,920 probably a good buying opportunity on alts. 222 00:10:52,920 --> 00:10:54,640 Like I'm still really bullish for the rest of the year. 223 00:10:55,200 --> 00:10:58,040 I'm not really fazed by the price action that we've been 224 00:10:58,040 --> 00:11:00,880 seeing in the last few days and weeks because you just get you 225 00:11:00,880 --> 00:11:03,320 do you do get these periods of consolidation and it's not 226 00:11:03,840 --> 00:11:06,840 always going to be up only and it feels like we're in a period 227 00:11:06,840 --> 00:11:09,040 of consolidation for not only crypto but also traditional 228 00:11:09,040 --> 00:11:12,840 markets as well. So yeah we're going to be I 229 00:11:12,840 --> 00:11:14,920 think we're going to be like range round here for a bit. 230 00:11:14,920 --> 00:11:17,880 I do think with this big alt sell off it's a good opportunity 231 00:11:17,880 --> 00:11:21,120 to get into some things if you that you like maybe if anything 232 00:11:21,160 --> 00:11:23,720 if there's anything you've had your eye on in the old world and 233 00:11:23,720 --> 00:11:27,040 you're like damn, if if that got back there I'd buy it and it 234 00:11:27,040 --> 00:11:30,120 probably is back there now. And question is like do you 235 00:11:30,120 --> 00:11:31,880 still want to buy it or not do you have the guts to buy it. 236 00:11:31,880 --> 00:11:37,280 So I think it's a good spot to like buy stuff in spot and then 237 00:11:37,640 --> 00:11:39,600 wait and see. But you know it just kind of 238 00:11:39,600 --> 00:11:46,120 reminds me a little bit of like 2021 or even like 2020 when you 239 00:11:46,120 --> 00:11:48,400 had this big great big valley and then things sold off and 240 00:11:48,400 --> 00:11:50,200 just consolidated for a while and then we just moved higher 241 00:11:50,200 --> 00:11:54,040 again. So I just think you what you do 242 00:11:54,160 --> 00:11:57,400 what I would say regard with regard to positioning is 243 00:11:57,800 --> 00:12:00,480 especially if you're like big and meme coins and a large part 244 00:12:00,480 --> 00:12:01,840 of your portfolio is in meme coins. 245 00:12:02,560 --> 00:12:06,400 Many meme coins will die they'll they'll obviously many meme 246 00:12:06,400 --> 00:12:07,680 coins will obviously die after the cycle. 247 00:12:07,680 --> 00:12:11,560 But many meme coins will die in between now and when the market 248 00:12:11,560 --> 00:12:14,680 starts to rally again. And you really want to make sure 249 00:12:14,680 --> 00:12:17,080 that whatever meme coins you own that they have a strong enough 250 00:12:17,080 --> 00:12:20,440 community to actually survive through whatever we've got now. 251 00:12:20,440 --> 00:12:23,240 And that's a very important thing because the worst thing 252 00:12:23,240 --> 00:12:26,280 you can do really is belong a meme coin that dies in between 253 00:12:26,280 --> 00:12:29,360 now and when the market next rallies And then that meme coin 254 00:12:29,360 --> 00:12:31,120 doesn't really move while the rest of the market pumps and 255 00:12:31,120 --> 00:12:34,160 you're just like fuck like I've I've really like I've really 256 00:12:34,160 --> 00:12:35,800 lost money then. And if you if you're not really 257 00:12:35,800 --> 00:12:38,520 sure that I think it's better to stay in majors or maybe some 258 00:12:38,560 --> 00:12:41,200 alts where you have some confidence that they're going to 259 00:12:41,200 --> 00:12:42,720 bounce back. And there's plenty of different 260 00:12:42,960 --> 00:12:45,520 bases you can have for Solana for ETH etcetera etcetera. 261 00:12:46,480 --> 00:12:49,920 But yeah, I would be wary on memes that maybe have already 262 00:12:49,920 --> 00:12:51,200 died but you just don't know it yet. 263 00:12:52,480 --> 00:12:55,920 Yeah, that's that's true. I mean you end up bag holding, 264 00:12:55,920 --> 00:12:58,720 bag holding, bag holding and everything rips and it goes to 265 00:12:58,720 --> 00:13:00,920 zero. I mean, I've seen that also with 266 00:13:00,920 --> 00:13:02,720 NFTS, right? Not just meme coins, but plenty 267 00:13:02,720 --> 00:13:04,120 of times where like you know, market goes up. 268 00:13:04,120 --> 00:13:06,200 And then if like it's happening right now in the ETH NFT 269 00:13:06,200 --> 00:13:10,000 ecosystem, like the whole market ran for the last, what are we? 270 00:13:10,000 --> 00:13:11,960 We have six months of up. Only now are we. 271 00:13:13,040 --> 00:13:15,000 Yeah, Yeah, we really have. We've had six months. 272 00:13:15,000 --> 00:13:17,640 I mean it hasn't been just up only like we've had some 273 00:13:17,640 --> 00:13:20,800 consolidation and stuff, but it has been, you know, the longer 274 00:13:20,800 --> 00:13:23,360 term trend over the last six months has been up and I do 275 00:13:23,360 --> 00:13:25,240 believe the longer term trend over the next six months will 276 00:13:25,240 --> 00:13:29,400 also be up as well. But you just have to, yeah, you 277 00:13:29,440 --> 00:13:32,840 just got to send to it, I think. Wow, I was looking at 278 00:13:32,840 --> 00:13:34,000 everything. I mean, look, it's looks like 279 00:13:34,000 --> 00:13:37,080 there was quite a little dip on Bitcoin, but whatever, it's like 280 00:13:37,080 --> 00:13:42,080 literally back to 469.4. It looks like Solana and Whiff 281 00:13:42,080 --> 00:13:49,080 obviously grinded a little lower here with Solana at 166. 282 00:13:49,080 --> 00:13:53,320 Now damn, if I look at this, I've not tried this. 283 00:13:53,320 --> 00:13:55,160 But this, it looks doesn't look that nice. 284 00:13:57,840 --> 00:14:00,040 We just need a fix. We just need a fix. 285 00:14:00,120 --> 00:14:02,800 Austin, I told Austin, I said, yo, stop fitting the show, man. 286 00:14:02,800 --> 00:14:04,360 Come on the show, he said. OK, I'll come on the show. 287 00:14:05,320 --> 00:14:08,440 So we just waiting for Solana 1.18. 288 00:14:08,640 --> 00:14:11,600 WIF is back all the way down over to 3.1. 289 00:14:11,800 --> 00:14:16,120 Yeah, down. Look at that dip. 290 00:14:16,120 --> 00:14:20,600 We went down to 2.293. I think there was just a big red 291 00:14:20,600 --> 00:14:22,880 candle across. Everything. 292 00:14:23,080 --> 00:14:24,240 Yeah, everything really. Yeah. 293 00:14:24,240 --> 00:14:28,040 Like sold back down to 166. Yeah. 294 00:14:28,040 --> 00:14:32,000 Bitcoin 4 hour on Bitcoin's fat red candle, right? 295 00:14:32,840 --> 00:14:34,960 Right there. I mean, yeah, it's big red 296 00:14:34,960 --> 00:14:36,040 candle. But when you look at this, 297 00:14:36,040 --> 00:14:38,240 you're like, OK, like, this is whatever. 298 00:14:38,240 --> 00:14:40,840 My favorite astrologist on Twitter keep talking about OV. 299 00:14:40,840 --> 00:14:43,680 So I drew the This is not me. I'm not smart like that. 300 00:14:43,960 --> 00:14:46,440 But I just put the same lines as my favorite astrologist on 301 00:14:46,440 --> 00:14:48,360 Twitter, and that's what they got going on for me. 302 00:14:49,120 --> 00:14:50,680 So when you think about it, you're still there. 303 00:14:50,680 --> 00:14:55,800 You're still there, still there. Hey, it is Shabbat after all. 304 00:14:55,800 --> 00:14:58,120 Later today. So you know, you know, I like my 305 00:14:58,120 --> 00:15:01,560 Shabbat camps. You know it usually even Friday 306 00:15:01,880 --> 00:15:05,040 daytime and then Friday, you know Saturday morning in 307 00:15:05,040 --> 00:15:06,320 Beijing. You know what I mean? 308 00:15:06,320 --> 00:15:08,760 Like, yeah, we're gonna brought back into it, you know. 309 00:15:08,760 --> 00:15:09,800 Usually it's a nice place to buy. 310 00:15:09,800 --> 00:15:13,280 I bought, actually I bought more soul this morning over, you 311 00:15:13,280 --> 00:15:15,280 know, a little higher than this. But I don't care. 312 00:15:15,280 --> 00:15:17,240 I just keep on adding soul. I like it. 313 00:15:17,520 --> 00:15:20,120 I saw one ETH was 20 soul. I was like, OK, fuck, I'm just 314 00:15:20,120 --> 00:15:23,200 buying another 25 ETH soul. You know, I just like the 315 00:15:23,200 --> 00:15:25,360 number. It made sense. 25 ETH equals 500 316 00:15:25,360 --> 00:15:26,440 soul. Sure. 317 00:15:26,560 --> 00:15:28,760 I mean, fuck it. Why not, right? 318 00:15:28,800 --> 00:15:32,320 So that was my trade of the day. I even asked Ovi said should I 319 00:15:32,320 --> 00:15:33,920 leverage like, eh, Feroke, Maybe he shouldn't leverage. 320 00:15:33,920 --> 00:15:35,360 I was like, you know what? Maybe he's right, so I'll just 321 00:15:35,360 --> 00:15:37,440 buy more soul. So that's what I ended up doing 322 00:15:37,720 --> 00:15:40,040 instead of leveraging it. And I thought it was good call 323 00:15:40,040 --> 00:15:40,960 anyways. Also on the market. 324 00:15:40,960 --> 00:15:43,400 I mean, dude, look, we were talking about Pepe on this show 325 00:15:43,400 --> 00:15:45,000 every single day. Back then people thought we were 326 00:15:45,000 --> 00:15:47,960 crazy friends, not friends, thinking this shit's going to 327 00:15:47,960 --> 00:15:51,240 zero, never going to recover. Here we are almost 10X higher 328 00:15:51,240 --> 00:15:53,280 than when we used to always scream about it. 329 00:15:54,120 --> 00:15:57,800 And it's I went to 3 something Bill wouldn't be surprised if it 330 00:15:57,800 --> 00:16:00,880 re flipped whiff if whiff is down like that, but it's got 331 00:16:01,160 --> 00:16:04,800 dude perps on Coinbase. I mean Ovi, does that mean that 332 00:16:04,800 --> 00:16:06,600 naturally the next thing is spotless? 333 00:16:07,000 --> 00:16:08,600 Is that how it works? It could be, yeah. 334 00:16:08,600 --> 00:16:13,640 I mean, we have less data on Coinbase than we have had for 335 00:16:13,640 --> 00:16:18,640 other exchanges. You know for Binance if we look 336 00:16:18,640 --> 00:16:25,400 at Doge and we look at and with they they listed perps first and 337 00:16:25,400 --> 00:16:28,280 then they listed spot. Now Coinbase actually did this 338 00:16:28,280 --> 00:16:30,960 Bonk I believe and so I'm curious to see if they listed 339 00:16:30,960 --> 00:16:35,040 Bonk perps before they listed bump spot. 340 00:16:35,040 --> 00:16:37,000 I think that would be a listed. Bonk. 341 00:16:37,040 --> 00:16:39,440 I think it was one of those weird things like. 342 00:16:39,480 --> 00:16:43,400 That would that would be a good that would be a good data point. 343 00:16:43,600 --> 00:16:44,720 I think they, I think you're right. 344 00:16:44,720 --> 00:16:46,160 I think they just went straight to spot. 345 00:16:46,160 --> 00:16:51,040 But yeah, like look the probability of Coinbase making a 346 00:16:51,120 --> 00:16:55,440 a spot listing on Pepe is now a lot higher than where it was 347 00:16:55,440 --> 00:16:57,120 prior to this, this perp listing. 348 00:16:57,120 --> 00:16:59,520 And one of the things I think they will assess is that hey, 349 00:16:59,520 --> 00:17:02,000 you know how much volume actually goes through on it and 350 00:17:02,000 --> 00:17:04,920 how much will trade And I think a lot will trade like you know a 351 00:17:04,920 --> 00:17:09,599 ton of Pepe perps trade on Binance, a lot really trades on 352 00:17:09,599 --> 00:17:14,359 Binance. So yeah, it would be good to. 353 00:17:14,599 --> 00:17:18,880 It would be good to. To see what happens next. 354 00:17:19,640 --> 00:17:24,599 Does hey not to pump my bags or yours, but is that bullish for 355 00:17:24,599 --> 00:17:27,839 whiff getting a list day or not? Is that is, is there? 356 00:17:28,000 --> 00:17:30,040 I think it's unrelated and you can tell me I'm wrong with it. 357 00:17:30,160 --> 00:17:32,480 From from what I understand, Coinbase are really trying to 358 00:17:32,480 --> 00:17:38,200 push their trading product more than you know that people just 359 00:17:38,200 --> 00:17:39,640 don't really use Coinbase to trade that much. 360 00:17:39,640 --> 00:17:42,720 They literally have a new Twitter account called Coinbase 361 00:17:42,720 --> 00:17:45,480 Traders. Yeah, I saw that. 362 00:17:45,560 --> 00:17:47,320 Yeah, which they made in in December. 363 00:17:47,320 --> 00:17:50,040 But it's a brand new account and they actually like, you know, we 364 00:17:50,040 --> 00:17:55,400 had, I went to a Coinbase event in London a few weeks ago. 365 00:17:55,400 --> 00:17:58,160 I met some interesting people there and they're just like 366 00:17:58,160 --> 00:18:00,600 reaching out to like big traders and stuff and trying to get 367 00:18:00,600 --> 00:18:02,000 people to to use our platform a lot more. 368 00:18:02,000 --> 00:18:06,280 And so I think the feedback from that dinner was like, look, 369 00:18:06,360 --> 00:18:08,880 we're all, we're all here trading meme coins and we're all 370 00:18:08,880 --> 00:18:12,360 trading on chain because you know, that's where that's where 371 00:18:12,360 --> 00:18:13,280 we can actually trade these coins. 372 00:18:13,280 --> 00:18:14,840 And Coinbase doesn't have any of these things listed. 373 00:18:14,840 --> 00:18:19,320 So I'm sure that feedback's been rolled up and and maybe that's 374 00:18:19,320 --> 00:18:23,560 one of the things that's kind of results in them listing Pepe 375 00:18:23,560 --> 00:18:26,240 perps because it's still I think one of the biggest music was by 376 00:18:26,240 --> 00:18:29,560 volume. And so I'm curious if they're 377 00:18:29,560 --> 00:18:31,800 going to, I think it is bullish for WIF because I think WIF is 378 00:18:32,320 --> 00:18:33,560 you know the next largest as well. 379 00:18:33,560 --> 00:18:37,640 So I'm curious to see if they also add that, add that to the 380 00:18:37,640 --> 00:18:39,720 thing as well. And I've got a feeling they 381 00:18:39,720 --> 00:18:41,280 will. I really, I really have got a 382 00:18:41,280 --> 00:18:43,960 feeling they will. It's hard if you're This is like 383 00:18:43,960 --> 00:18:47,000 them saying, hey, we're taking a step into this world because we 384 00:18:47,000 --> 00:18:48,560 want to get more people on our platform, he. 385 00:18:48,600 --> 00:18:50,680 Tweeted that out right? The guy that runs Coinbase 386 00:18:50,680 --> 00:18:53,400 traders is a punk, right? He tweeted out. 387 00:18:53,400 --> 00:18:54,720 Like you asked for it. You got it. 388 00:18:54,720 --> 00:18:56,480 It's not a punk. But they everyone at Coinbase 389 00:18:56,480 --> 00:18:58,720 for some reason has these like honorary like weird looking 390 00:18:58,720 --> 00:19:00,320 punks. I'm not trying to hate you. 391 00:19:00,320 --> 00:19:01,680 I like you guys. I like everyone. 392 00:19:01,680 --> 00:19:04,040 Shout out to all the exchange folks because we need y'all. 393 00:19:04,200 --> 00:19:08,920 But I'm just saying and exactly like you asked for it and you 394 00:19:08,920 --> 00:19:10,080 got it or something. Who? 395 00:19:10,160 --> 00:19:11,600 Who? Who is who is that? 396 00:19:11,640 --> 00:19:14,320 Who is it that tweeted it? The London guy. 397 00:19:14,680 --> 00:19:19,400 What's his name again? Yeah, this is the guy that I'm 398 00:19:19,400 --> 00:19:21,000 this is the guy that I met the other day, but. 399 00:19:21,000 --> 00:19:22,480 Yeah, the guy you're talking about, what's his? 400 00:19:22,560 --> 00:19:26,520 Name Osman Naim. Yes Osman Naim, yes, yes Osman 401 00:19:26,560 --> 00:19:28,840 Naim, he tweeted out Like you asked for it. 402 00:19:29,080 --> 00:19:30,560 Here you go. Or something like that. 403 00:19:30,920 --> 00:19:32,560 You ask me this and bring it on, yeah. 404 00:19:32,760 --> 00:19:34,040 There, there you go. There you go. 405 00:19:34,040 --> 00:19:35,840 So, and that's what the people want. 406 00:19:36,160 --> 00:19:38,040 The people want to trade memes, bro. 407 00:19:38,120 --> 00:19:42,400 You know, like I have to say, I was on a panel at the Ritz 408 00:19:42,400 --> 00:19:46,760 yesterday morning and it was a very like very corporate type of 409 00:19:46,760 --> 00:19:49,800 event like super Corp, like B2B as fuck. 410 00:19:49,800 --> 00:19:52,400 OK, like definitely not the type of place that you'd see me speak 411 00:19:52,400 --> 00:19:54,320 at. Usually there was a slide on 412 00:19:54,320 --> 00:19:56,160 meme coins, you know what I mean? 413 00:19:56,440 --> 00:20:00,200 And in the room you have LVMH, you have the biggest companies 414 00:20:00,200 --> 00:20:03,720 in France, fans like it's a room like 50 people and everyone's a 415 00:20:03,720 --> 00:20:07,320 Chad, right. And slide on meme coins, you 416 00:20:07,320 --> 00:20:09,000 know, it's like the the only thing people are talk. 417 00:20:09,040 --> 00:20:11,080 And I swear I keep saying this, right, every event I go to new 418 00:20:11,080 --> 00:20:13,400 and I go to a lot of events. So it's all either ordinals or 419 00:20:13,400 --> 00:20:14,560 meme coins that people are talking about. 420 00:20:14,800 --> 00:20:16,520 It's the only interesting things people care about, so. 421 00:20:16,800 --> 00:20:20,840 I mean I would if Coinbase had a a bunch of meme coins like I 422 00:20:20,840 --> 00:20:23,200 would use it. Like I would use it to trade 423 00:20:23,200 --> 00:20:28,080 between sport and Fiat. I would use it for interesting, 424 00:20:28,080 --> 00:20:29,320 Yeah. I'd trade the perks and stuff 425 00:20:29,320 --> 00:20:32,160 like I would use it and. The whales want it, yeah. 426 00:20:32,160 --> 00:20:33,000 I mean they. They know that. 427 00:20:33,000 --> 00:20:37,480 They definitely know that I would definitely use it more 428 00:20:37,480 --> 00:20:39,520 than I do now, and it's just they haven't had that stuff 429 00:20:39,520 --> 00:20:41,840 available. Like love that you know we're 430 00:20:41,840 --> 00:20:44,000 not here like most people are trading meme coins because 431 00:20:44,000 --> 00:20:46,800 they're just weigh much more return and volatility in them 432 00:20:47,080 --> 00:20:50,640 and yeah we do have alts but like they're just like we all 433 00:20:50,640 --> 00:20:53,440 know if you're you know there's your EV is like much higher just 434 00:20:53,440 --> 00:20:56,240 trading meme coins spot meme coins than it is like 11 alts 435 00:20:56,240 --> 00:20:59,440 so. I mean that's I think I can get 436 00:20:59,440 --> 00:21:00,880 crucified for saying this or not. 437 00:21:00,880 --> 00:21:04,440 But I think meme coins are just cycles Alts like, you know it's 438 00:21:04,440 --> 00:21:06,880 a lot of what are what do they do like I don't know. 439 00:21:07,080 --> 00:21:08,600 You tell me. But you know aside from the 440 00:21:08,600 --> 00:21:12,080 usual stuff like, you know the arbitrums in this world love you 441 00:21:12,080 --> 00:21:14,280 know, and and a lot of L twos and whatnot, a lot of really 442 00:21:14,280 --> 00:21:16,120 cool things going on. Speaking of alts, I mean there's 443 00:21:16,120 --> 00:21:18,920 a tweet about, you know, who was talking about Ondo a lot Mando 444 00:21:19,080 --> 00:21:21,160 on the show. I remember he was like Mando 445 00:21:21,560 --> 00:21:25,720 Ondo's Abhai BlackRock sent $250 million to Ondo Finance. 446 00:21:25,960 --> 00:21:28,240 So BlackRock is active on chain man. 447 00:21:28,280 --> 00:21:33,400 I Larry Fink is an on chain Chad and you're bearish anal any 448 00:21:33,520 --> 00:21:39,080 bearish Larry Fink is moving 1/4 billion dollars on chain you 449 00:21:39,080 --> 00:21:40,960 know bearish. What am I reading on the 450 00:21:40,960 --> 00:21:44,640 timeline today OV that's why I I so let's talk about this for a 451 00:21:44,640 --> 00:21:47,200 minute. I I I quote tweeted your tweet 452 00:21:47,200 --> 00:21:49,880 'cause I thought tweet of the week tweet of the week goes to 453 00:21:49,880 --> 00:21:54,840 OSF you know you said something you said Max Payne is going to 454 00:21:54,840 --> 00:21:57,680 be selling our bags early out of boredom and frustration only for 455 00:21:57,680 --> 00:22:00,800 everything to go to. Then go on a monumental rally 456 00:22:00,920 --> 00:22:04,480 this summer to which I added, don't sell and mate and go away, 457 00:22:05,000 --> 00:22:07,800 but go away and leave your keys at home. 458 00:22:08,360 --> 00:22:10,760 Don't look at anything. Trust the conviction bets. 459 00:22:10,760 --> 00:22:14,680 Fuck off and enjoy the summer. And that's how I feel. 460 00:22:15,080 --> 00:22:16,880 I have a lot of conviction, but I don't want to trade this 461 00:22:16,880 --> 00:22:19,600 summer, man, like we've taken too many trades already in Q1 462 00:22:19,600 --> 00:22:22,560 and in Q4. Actually last year was crazy, 463 00:22:23,400 --> 00:22:26,120 but what do you what does Someone Like You that has been 464 00:22:26,160 --> 00:22:28,720 really successful trading this industry so far in the last two 465 00:22:28,720 --> 00:22:30,320 years? Think about that, Hovey. 466 00:22:30,320 --> 00:22:33,240 You know, like, yeah, we we're in a good position now. 467 00:22:33,320 --> 00:22:35,080 What would you tell the people listening to this? 468 00:22:36,040 --> 00:22:39,960 I think you just have to make sure that what you own, you have 469 00:22:39,960 --> 00:22:45,280 real conviction on. You know, like you like the 470 00:22:45,280 --> 00:22:47,080 market will. I really strongly believe the 471 00:22:47,080 --> 00:22:49,560 market will rally from here in the next six months. 472 00:22:49,960 --> 00:22:52,040 If you just own Bitcoin, bitcoin's going to be higher, 473 00:22:52,080 --> 00:22:54,560 right? But if you own like some random 474 00:22:54,560 --> 00:22:57,960 esoteric mean or some random OL that that may not be higher 475 00:22:57,960 --> 00:23:00,280 because not everything, everything goes up. 476 00:23:00,280 --> 00:23:03,160 So I just think that now's now's the point in time where you 477 00:23:03,160 --> 00:23:05,920 really should like look through your entire risk, your entire 478 00:23:05,920 --> 00:23:10,280 portfolio, and make sure that the majority of it is in 479 00:23:10,280 --> 00:23:13,240 something that will definitely go up if Bitcoin goes up. 480 00:23:13,760 --> 00:23:17,240 And I think there are probably some people out there who's you 481 00:23:17,240 --> 00:23:20,360 may have your entire portfolio in like 1 random meme coin 482 00:23:20,360 --> 00:23:25,080 that's at like AI don't know, like $50 million market cap and 483 00:23:25,080 --> 00:23:27,360 that might may just like never move if Bitcoin goes higher, 484 00:23:27,360 --> 00:23:30,240 right. So you know, I think just like 485 00:23:30,280 --> 00:23:32,640 just look through and just try and have something even like 486 00:23:32,960 --> 00:23:34,400 something something like Solana Man. 487 00:23:34,400 --> 00:23:37,440 Like I I still think Seoul could be like a 5X trade this cycle. 488 00:23:37,440 --> 00:23:39,840 Like there's still a lot of upside in these things if you're 489 00:23:39,840 --> 00:23:42,840 just patient. And I'm not saying like sell 490 00:23:42,840 --> 00:23:44,160 your meme coins. I'm definitely not saying that 491 00:23:44,160 --> 00:23:46,480 because I do think Seoul meme coins will have another, you 492 00:23:46,480 --> 00:23:49,160 know, crazy run as well, probably sooner rather than 493 00:23:49,160 --> 00:23:51,760 later. But I just think you want to 494 00:23:51,760 --> 00:23:53,320 like look through every single position. 495 00:23:53,320 --> 00:23:56,320 But like do I really think and believe in this, do I not, and 496 00:23:56,320 --> 00:24:00,080 try and construct it So it's like 75% conviction, 25% 497 00:24:00,320 --> 00:24:04,720 gambling or things that you know, you're you're not sure of 498 00:24:04,720 --> 00:24:07,360 or you're just like this could be 100 X, but like, it also 499 00:24:07,360 --> 00:24:08,880 could be a zero. Like you want to make sure 500 00:24:08,880 --> 00:24:11,280 that's in a minority part of your portfolio, I think. 501 00:24:12,240 --> 00:24:14,320 And then take it from there and just be quick. 502 00:24:14,360 --> 00:24:16,440 You know have liquidity like you know you make your options to 503 00:24:16,440 --> 00:24:18,120 like make your opportunities to buy dips. 504 00:24:18,120 --> 00:24:20,280 You make it new things that will come up like you want to make 505 00:24:20,280 --> 00:24:22,520 sure you're liquid in order to be able to like get that stuff, 506 00:24:22,520 --> 00:24:25,280 which is the main reason why I really haven't gotten deep into 507 00:24:25,840 --> 00:24:27,720 NFTS this year or ordinals or anything like that. 508 00:24:27,720 --> 00:24:30,440 Like I want to be able to act quickly and have liquidity quick 509 00:24:30,440 --> 00:24:32,880 if something comes up. And I think the NFT trade is 510 00:24:32,880 --> 00:24:35,400 going to be a later part of the cycle for me personally because 511 00:24:35,400 --> 00:24:37,480 I still think there's similar returns you can get in and 512 00:24:37,480 --> 00:24:42,040 memes. So but yeah I just think it 513 00:24:42,120 --> 00:24:44,960 reminds me of it does run in 2021 like I said earlier like 514 00:24:45,160 --> 00:24:48,720 spring 2021 everything put and lots of people just left and 515 00:24:48,720 --> 00:24:52,160 then in the summer we just went on this like crazy crazy rally 516 00:24:52,160 --> 00:24:55,280 and so many people were just like fuck, I sold everything and 517 00:24:55,280 --> 00:24:57,960 I'm not participating in this rally and I've I've missed out 518 00:24:57,960 --> 00:25:01,200 on the whole thing and I almost like sold everything I left but 519 00:25:01,200 --> 00:25:04,440 I didn't because I quit my job at the time and I had spare time 520 00:25:04,440 --> 00:25:07,040 and I got stuck into it and that obviously was made a big 521 00:25:07,040 --> 00:25:09,520 difference for me. So I just think we're going to 522 00:25:09,520 --> 00:25:11,520 chop around and consolidate for a bit, but we're going to have 523 00:25:11,520 --> 00:25:15,240 this time when we start rallying meaningfully again and you just 524 00:25:15,240 --> 00:25:18,520 don't want to miss out on that. I think I think you don't want 525 00:25:18,520 --> 00:25:20,600 to miss out on that. But just you have to really like 526 00:25:21,400 --> 00:25:23,560 make sure you're all good in terms of like being able to hold 527 00:25:23,560 --> 00:25:26,920 your your position as you're not overextended, it's not affecting 528 00:25:26,920 --> 00:25:30,280 you too much emotionally or psych psychologically and all 529 00:25:30,280 --> 00:25:33,160 that kind of stuff. It might make sense for some 530 00:25:33,160 --> 00:25:35,920 people to reduce a little bit here and be able to bid dips. 531 00:25:37,560 --> 00:25:39,960 Maybe it doesn't like, I don't really know, but everyone has 532 00:25:39,960 --> 00:25:43,320 their own individual situation. But I do think you want some 533 00:25:43,320 --> 00:25:46,000 skin in the game and I think that now's the time you got to 534 00:25:46,000 --> 00:25:47,320 be patient. I think last time you got to be 535 00:25:47,320 --> 00:25:50,360 patient has some skin in the game because I do think we'll go 536 00:25:50,360 --> 00:25:52,160 on another run. And where you make the most 537 00:25:52,160 --> 00:25:55,000 money really is in that last 20% of the cycle of the value when 538 00:25:55,480 --> 00:25:57,560 alts go crazy, you know like. A small window. 539 00:25:58,240 --> 00:26:01,520 Yeah, yeah. I mean, I was talking about that 540 00:26:01,520 --> 00:26:03,440 with locks earlier, just walking around and I'm like, dude, 541 00:26:03,800 --> 00:26:06,920 Bitcoin's lady just hanging out last cycle's high. 542 00:26:07,520 --> 00:26:11,920 Ethan's still turning $3400. Hasn't even come close to 543 00:26:12,200 --> 00:26:13,800 hitting last last cycle's high yet. 544 00:26:14,080 --> 00:26:16,320 You know what I mean? Like Solana, yeah, sure, in 545 00:26:16,320 --> 00:26:20,080 market cap broke its high, but it's trading 165 bucks And 546 00:26:20,080 --> 00:26:23,000 Speaking of which, you know that was the statistics I wanted to 547 00:26:23,000 --> 00:26:25,080 share earlier. I think it's hitting records 548 00:26:25,080 --> 00:26:27,520 every single day in terms of like usage with significant 549 00:26:27,520 --> 00:26:30,840 upgrades in network, incoming activity on Solana has reached 550 00:26:31,720 --> 00:26:36,000 new yearly highs handling over 37 million transactions in one 551 00:26:36,000 --> 00:26:37,880 day. This represents an increase of 552 00:26:37,880 --> 00:26:40,640 over 85% from last week and is also the most activity the 553 00:26:40,640 --> 00:26:42,480 network has experienced in September 2022. 554 00:26:43,600 --> 00:26:46,840 And you're bearish ain't on. I don't care if you're a Solana 555 00:26:46,840 --> 00:26:51,000 guy or Eve got a Bitcoin guy or for Avalanche guy or whatever 556 00:26:51,000 --> 00:26:53,840 guy or girl for the matter, dude. 557 00:26:53,840 --> 00:26:56,440 Like every this is like this is it. 558 00:26:56,520 --> 00:26:59,680 You know this we're we're there. We're almost like we talked 559 00:26:59,680 --> 00:27:02,960 about these moments every single day on this damn show during the 560 00:27:02,960 --> 00:27:05,240 bear market. Y'all want to give up now? 561 00:27:05,920 --> 00:27:09,040 Feel like every people need a pep talk over here, you know 562 00:27:09,040 --> 00:27:10,880 what I mean? Like we were all talking about 563 00:27:10,880 --> 00:27:15,440 how Bitcoin's going to be 100K200K300K whatever in 2022 564 00:27:15,680 --> 00:27:19,080 and that that we're cute too. It just started 2024 and MF 565 00:27:19,080 --> 00:27:21,680 first wanted to tell me that it's over. 566 00:27:22,120 --> 00:27:25,080 Come on, y'all, come on, y'all. Have some conviction. 567 00:27:25,080 --> 00:27:28,320 It's. Not over, but I do think, you 568 00:27:28,320 --> 00:27:32,040 know, I do think so much so I do. 569 00:27:32,120 --> 00:27:35,160 I do think some you have to remember. 570 00:27:35,160 --> 00:27:37,160 I think some people are kind of like late into the game. 571 00:27:37,480 --> 00:27:39,320 Of course. You know, they've only maybe 572 00:27:39,320 --> 00:27:41,360 just entered crypto in the last month or so. 573 00:27:41,360 --> 00:27:43,600 So for them, you know, I see Anson tweeting quite a lot about 574 00:27:43,600 --> 00:27:46,720 like, you know, you guys are all, we had a a crazy ride for 575 00:27:46,720 --> 00:27:48,480 the last six months and you guys were all upset. 576 00:27:49,080 --> 00:27:51,400 And I just think like the people who are upset more vocal than 577 00:27:51,400 --> 00:27:53,760 the people who aren't upset who are just chilling and other 578 00:27:53,760 --> 00:27:55,920 people who are upset you may have gotten into crypto at later 579 00:27:55,920 --> 00:27:59,560 time. And yeah, even if you didn't get 580 00:27:59,560 --> 00:28:01,480 into crypto at later, you may be someone who's held Bitcoin a 581 00:28:01,480 --> 00:28:05,560 wreath for a long time and didn't think to rotate to to 582 00:28:05,560 --> 00:28:08,600 Solana until a month ago. I didn't think to try your hand 583 00:28:08,600 --> 00:28:10,840 at Mean Coins until a month ago or alts until a month ago. 584 00:28:10,840 --> 00:28:14,880 So I think, you know, unfortunately some people only 585 00:28:14,880 --> 00:28:18,640 really got up the risk curve in the last few weeks and and now 586 00:28:18,640 --> 00:28:19,840 feeling the pain because they're not. 587 00:28:20,280 --> 00:28:22,120 Some people out there have made a shit load of money right? 588 00:28:22,120 --> 00:28:23,560 This already. Some people have a shit load of 589 00:28:23,560 --> 00:28:26,520 money and some people haven't, and the guys you haven't are 590 00:28:26,520 --> 00:28:29,520 just like, fuck, like I sold my Bitcoin to buy this thing and 591 00:28:29,520 --> 00:28:33,200 now I'm down South. Yeah, I mean, look, things could 592 00:28:33,200 --> 00:28:34,880 be worse. You could be no monkey holder. 593 00:28:35,520 --> 00:28:37,120 Speaking of which, I'm just kidding. 594 00:28:37,120 --> 00:28:39,800 I'm saying this cause facts is in the room and I fuck with 595 00:28:39,800 --> 00:28:41,240 facts. But he doesn't like the fact 596 00:28:41,240 --> 00:28:43,480 that we've been taunting them the whole time. 597 00:28:43,480 --> 00:28:45,320 He doesn't like the Bitcoin puppet holders. 598 00:28:45,520 --> 00:28:47,280 So I I gotta mess with my boy here. 599 00:28:47,320 --> 00:28:50,200 I gotta mess with my boy here. So Speaking of which, and then 600 00:28:50,200 --> 00:28:51,800 we'll go to the fair side network, folks. 601 00:28:51,800 --> 00:28:54,400 I see the boys in the studio here. 602 00:28:54,400 --> 00:28:57,800 Oh nice, Bitcoin is 69420. What an iconic meme price. 603 00:28:58,280 --> 00:29:03,000 But you know, Speaking of Speaking of that, I mean, man, 604 00:29:03,240 --> 00:29:09,040 rune Pops OV 600% on the weak. That's what they're up right now 605 00:29:09,040 --> 00:29:12,840 at .15 BTC. You got the Bitcoin puppets that 606 00:29:12,840 --> 00:29:15,960 are at .46, I believe, with node monkeys at .49. 607 00:29:15,960 --> 00:29:18,120 So the race, the race is getting tighter. 608 00:29:18,320 --> 00:29:20,960 The race is getting tighter. You have rune stones at almost 609 00:29:20,960 --> 00:29:24,720 .1 Bitcoin, what else? I mean, shit at .47, my God, you 610 00:29:24,720 --> 00:29:26,720 have rune notes. I think that's going to be a 611 00:29:26,720 --> 00:29:28,160 cook. For what it's worth, don't sleep 612 00:29:28,160 --> 00:29:31,000 on rune notes because you know they tie the nude monkeys, blah 613 00:29:31,000 --> 00:29:32,120 blah blah. A lot of people are in the money 614 00:29:32,120 --> 00:29:34,160 right now as well. So I do think, like, you know, I 615 00:29:34,160 --> 00:29:36,640 was bullish on rune pops and I won't know rune notes, so this 616 00:29:36,640 --> 00:29:38,760 is a no begger. I do think this is something 617 00:29:38,760 --> 00:29:42,240 y'all should pay attention to because similar narrative 618 00:29:42,360 --> 00:29:44,440 perhaps, And at the end of the day, no monkeys are going to do 619 00:29:44,440 --> 00:29:46,320 really well. I was actually thinking of 620 00:29:46,320 --> 00:29:49,520 perhaps adding one at these at these prices because I think it 621 00:29:49,520 --> 00:29:51,160 could be a cook. It's not like no monkeys are 622 00:29:51,160 --> 00:29:53,240 going to disappear tomorrow. So I would pay attention to 623 00:29:53,240 --> 00:29:55,000 what's going on here. We're Oh my God. 624 00:29:55,000 --> 00:29:57,440 OK. It's .47 to .48. 625 00:29:57,680 --> 00:29:59,640 We're almost there. Come on puppets. 626 00:29:59,880 --> 00:30:01,640 Come on puppets. Let's go. 627 00:30:01,800 --> 00:30:03,640 You have the quantum cats at .35. 628 00:30:03,640 --> 00:30:08,480 So look it's really all on on Bitcoin again as I think Ethan 629 00:30:08,480 --> 00:30:12,800 NF TS grinding even a little lower today. 630 00:30:12,800 --> 00:30:16,880 It's just like and you see a lot of people man OV on the timeline 631 00:30:16,880 --> 00:30:20,800 start to capitulate when it comes to when it comes. 632 00:30:21,080 --> 00:30:23,000 We did see the big alien sale. They wrote about it. 633 00:30:23,240 --> 00:30:25,440 We did see the autoglyph sale 15 mil. 634 00:30:25,640 --> 00:30:28,160 We saw the top end like X copies, another $1,000,000 X 635 00:30:28,160 --> 00:30:29,520 copy selfie. That's crazy. 636 00:30:29,520 --> 00:30:32,400 Raoul Pal's buying all X copies. He's going to own half the X 637 00:30:32,400 --> 00:30:39,840 copies. It's that's that and then and 638 00:30:39,840 --> 00:30:42,560 then you have that's it. But on ethic, it's really just 639 00:30:42,560 --> 00:30:45,160 middle 80s. It's just me ladies that are 640 00:30:45,160 --> 00:30:46,880 running. The rest of the market is not 641 00:30:46,880 --> 00:30:49,640 looking too good. Port is now lower than 12 ETH 642 00:30:50,520 --> 00:30:53,360 Lasso Jet is up because it's the same artist as their rune pops. 643 00:30:53,760 --> 00:30:55,840 Rune puppets. Sorry big sorry Bitcoin puppets. 644 00:30:56,360 --> 00:30:59,200 So that's his ETH collection. That's why that one's up 645 00:30:59,200 --> 00:31:01,360 significantly on here. But that's a money man. 646 00:31:01,360 --> 00:31:04,160 Again, the stuff that's running is what me ladies associated to 647 00:31:04,160 --> 00:31:07,320 mean coins and then lasso jet associated to ordinals. 648 00:31:07,320 --> 00:31:09,680 You know what I mean? So that's what's really running. 649 00:31:09,680 --> 00:31:11,240 So again, there it is there. Sick punk sale. 650 00:31:11,240 --> 00:31:12,400 By the way. This one's sick. 651 00:31:12,560 --> 00:31:17,040 This top hat, super, super sick. And then on Solana, I'm assuming 652 00:31:17,040 --> 00:31:18,440 we're a little bit lower here as well. 653 00:31:18,440 --> 00:31:20,800 I mean, look, we're some green on the board. 654 00:31:21,000 --> 00:31:23,440 Oh wow, nice bounce on the Matlands, actually. 655 00:31:23,440 --> 00:31:25,600 And on Tensori and Madlands Backup of 140. 656 00:31:25,840 --> 00:31:30,400 So and and 20% bump on the Tensorians. 657 00:31:30,400 --> 00:31:31,280 Love to see that. Of course. 658 00:31:31,800 --> 00:31:33,840 Boogles, of course. Boogles like OG, OG. 659 00:31:33,840 --> 00:31:36,920 Like I wish I had a boogle, but that is so expensive, so that's 660 00:31:36,920 --> 00:31:39,560 that. On the Solana side of things, I 661 00:31:39,640 --> 00:31:42,680 think that this is a good round up when it comes to the market 662 00:31:43,280 --> 00:31:47,480 and and and to all of that. I do have to give a quick shout 663 00:31:47,480 --> 00:31:50,520 out to a traditional media that seems to be doing things right. 664 00:31:50,720 --> 00:31:53,200 Fortune wrote an article defending Uniswap. 665 00:31:53,480 --> 00:31:54,840 I like that. I like that. 666 00:31:54,840 --> 00:31:57,960 You know, usually they piling on us, they attack us and they try 667 00:31:57,960 --> 00:31:59,320 to tear us down when we're down. Bad. 668 00:31:59,520 --> 00:32:01,920 But you know what? Let's go, let's go, You know, 669 00:32:01,920 --> 00:32:03,520 let's go. Coinbase So cracking. 670 00:32:03,720 --> 00:32:05,080 Let's go. All the folks that are fighting 671 00:32:05,080 --> 00:32:07,240 the SEC, we'll be supporting all every day on the show. 672 00:32:07,400 --> 00:32:08,440 You know, 'cause that's what's up. 673 00:32:08,440 --> 00:32:12,880 Anyways, what do we get into our guest of today's show? 674 00:32:12,880 --> 00:32:15,640 And don't forget everyone. Once we're done with Brandon and 675 00:32:15,640 --> 00:32:17,800 Chris, we're gonna do robot spins. 676 00:32:17,920 --> 00:32:19,840 So make sure that you're tweeting the Twitter space. 677 00:32:19,840 --> 00:32:23,000 I see there's over 1000 people on the stream on video, over 300 678 00:32:23,000 --> 00:32:25,720 people on Twitter spaces. Well, that's not enough. 679 00:32:26,080 --> 00:32:29,160 We want more. It's we're greedy like that. 680 00:32:29,400 --> 00:32:33,600 So give us a little retweet at the top, spin the Twitter spaces 681 00:32:33,800 --> 00:32:37,440 and and we'll pick two people in about 10-15 minutes and then 682 00:32:37,440 --> 00:32:39,840 make sure that y'all win some money. 683 00:32:39,880 --> 00:32:43,200 All right. Well, fair side, every day I say 684 00:32:43,200 --> 00:32:46,240 fairs, maybe they open the show and I go this show was presented 685 00:32:46,240 --> 00:32:48,800 by First side network, make sure you check out first Side 686 00:32:48,800 --> 00:32:51,520 network. Brandon, Chris, good morning. 687 00:32:51,720 --> 00:32:53,560 How you guys doing today? Thank you for partnering with 688 00:32:53,560 --> 00:32:55,240 us. Yeah, of course, man. 689 00:32:55,240 --> 00:32:57,720 What's up guys? Where's Haley? 690 00:32:58,480 --> 00:33:01,080 Excited to be here. Yeah, very happy to be here. 691 00:33:01,600 --> 00:33:05,800 Where are you guys based out of? So I'm based in Michigan and 692 00:33:06,320 --> 00:33:10,040 some of the other teams based the East Coast and then the devs 693 00:33:10,040 --> 00:33:12,600 are decentralized all over the place the globe. 694 00:33:13,520 --> 00:33:14,760 Yeah, I'm based in New York City. 695 00:33:14,760 --> 00:33:16,960 So we have where our our office is right there at Rockefeller 696 00:33:16,960 --> 00:33:18,680 Center. Oh, nice. 697 00:33:18,680 --> 00:33:21,040 Yeah, East Coast is the best coast you already know. 698 00:33:21,200 --> 00:33:22,840 You already know. I'm a Montrealer myself. 699 00:33:22,840 --> 00:33:25,360 I mean, I'm in France right now, but, you know, and OV loves New 700 00:33:25,360 --> 00:33:27,000 York. So, you know, I think what you 701 00:33:27,000 --> 00:33:28,960 say is the only place you live besides London, right? 702 00:33:29,320 --> 00:33:31,240 It's a it's a nice place in Chicago. 703 00:33:31,240 --> 00:33:33,320 It's a nice fire. Oh, no, that's Illinois. 704 00:33:33,400 --> 00:33:35,880 My bad. But anyways, shout out to the 705 00:33:35,880 --> 00:33:39,240 East Coast, Chris Brandon. I mean, let's get right into 706 00:33:39,680 --> 00:33:42,120 fair side because you know, we talk about meme coins. 707 00:33:42,400 --> 00:33:44,760 We talk about trades. We talk about the degenerate 708 00:33:44,760 --> 00:33:46,760 side of the spectrum very much on this show. 709 00:33:46,960 --> 00:33:49,600 But what's very important is security, right. 710 00:33:49,640 --> 00:33:51,640 And you know, I mentioned that was with the leisure crew 711 00:33:51,640 --> 00:33:53,800 yesterday and look, it's super important, right? 712 00:33:53,800 --> 00:33:57,480 Well, I mean OV is like the security Maxi. 713 00:33:57,480 --> 00:34:00,480 This man runs a fortress when it comes to his shit. 714 00:34:01,480 --> 00:34:03,960 He's he's I've never heard of someone that's like that even 715 00:34:03,960 --> 00:34:06,040 more than you rightfully so. I mean, not in a good way. 716 00:34:06,040 --> 00:34:07,800 So Brandon, I'm gonna go to you first. 717 00:34:07,960 --> 00:34:09,360 Why don't you talk to us a little more about your 718 00:34:09,360 --> 00:34:13,199 background and also like what's fair side is right, 'cause we I 719 00:34:13,199 --> 00:34:15,360 mention every day and at this stage I think that people really 720 00:34:15,360 --> 00:34:19,840 want to know what it is. Yeah, of course, backgrounds in 721 00:34:19,840 --> 00:34:21,120 the traditional insurance sector. 722 00:34:21,120 --> 00:34:25,040 So 2010 I started an insurance firm with a very close friend 723 00:34:25,360 --> 00:34:28,320 and we focused most of our attention at the time on 724 00:34:28,320 --> 00:34:32,880 commercial sales for large property schedules, cybercrime 725 00:34:32,880 --> 00:34:36,679 and crime bonds. And then over time we developed 726 00:34:36,800 --> 00:34:40,480 this very unique specialty in the insurance industry. 727 00:34:40,800 --> 00:34:43,719 And so we started a separate division of the company that 728 00:34:43,719 --> 00:34:45,520 focused on insurance risk services. 729 00:34:45,880 --> 00:34:49,760 And so we provided insurance risk services for regional and a 730 00:34:50,159 --> 00:34:53,199 specific regional insurance carrier and those services 731 00:34:53,199 --> 00:34:56,760 ranged from rate making. So think of like providing 732 00:34:56,760 --> 00:35:01,560 specific policy input to create the premium for on a policy by 733 00:35:01,600 --> 00:35:05,840 policy basis, we focused on product development, design and 734 00:35:05,840 --> 00:35:08,520 then go to market strategies and sale of that product. 735 00:35:09,640 --> 00:35:12,960 And then the biggest part of what we did was we assisted in 736 00:35:12,960 --> 00:35:16,960 the rate making for the underwriting side as well. 737 00:35:16,960 --> 00:35:20,400 So we did specific underwriting around these large property 738 00:35:20,400 --> 00:35:25,800 schedules and that led us to doing roughly $100 billion of 739 00:35:25,800 --> 00:35:29,080 underwriting on an annual basis for property and casualty 740 00:35:29,080 --> 00:35:33,280 insurance for for this carrier. Rewind, you know now six years 741 00:35:33,280 --> 00:35:38,680 back and I find in crypto and over just a short bit of time 742 00:35:38,680 --> 00:35:42,080 became very like almost fanatical but had such a high 743 00:35:42,080 --> 00:35:45,000 conviction that digital assets would be the global financial 744 00:35:45,000 --> 00:35:47,400 future. But equally recognized that this 745 00:35:47,400 --> 00:35:50,760 space had this lack of consumer protection and specifically 746 00:35:50,760 --> 00:35:54,120 around insurance products in the space we're very underdeveloped 747 00:35:54,120 --> 00:35:56,760 and some even I would say we're fundamentally flawed. 748 00:35:57,960 --> 00:36:01,400 So we set out to build you know fair side as this like 749 00:36:01,480 --> 00:36:05,320 financially sound and fundamentally sound insurance 750 00:36:05,800 --> 00:36:10,200 system that at the same time we could create the same economic 751 00:36:10,320 --> 00:36:12,920 and and social and economic benefits of traditional 752 00:36:12,920 --> 00:36:17,080 insurance by basically the innovation is migrating all of 753 00:36:17,080 --> 00:36:20,520 the core fundamental principles of traditional insurance on 754 00:36:20,520 --> 00:36:23,040 chain. And so we can then match the 755 00:36:23,040 --> 00:36:26,200 same capital efficiencies by keeping the same diversification 756 00:36:26,200 --> 00:36:30,280 principles in place, the same mathematical probabilities that 757 00:36:30,280 --> 00:36:32,480 the insurance industry operates on today. 758 00:36:32,760 --> 00:36:35,960 And then use blockchain where it was really meant to be used in 759 00:36:35,960 --> 00:36:41,000 this particular instance is to provide like that, you know, 760 00:36:41,000 --> 00:36:46,880 efficiency in the, in the, oh jeez, operational costs, sorry, 761 00:36:46,920 --> 00:36:49,880 efficiency and operational costs related to, you know, the 762 00:36:49,880 --> 00:36:52,040 insurance systems. And then you can use the 763 00:36:52,040 --> 00:36:54,440 transparency around the claims process. 764 00:36:54,440 --> 00:36:58,080 You can create a better and smoother faster onboarding 765 00:36:58,080 --> 00:37:01,440 process for users. And we looked at the wallets as 766 00:37:01,440 --> 00:37:05,280 this core financial infrastructure for the crypto 767 00:37:05,280 --> 00:37:07,040 sector. And so we needed to really 768 00:37:07,040 --> 00:37:09,360 support the most amount of users if we were going to make the 769 00:37:09,360 --> 00:37:12,920 biggest impact. And so think of you know fair 770 00:37:12,920 --> 00:37:16,280 side as cybercrime coverage for your for web three wallet. 771 00:37:16,280 --> 00:37:19,920 So you know phishing attacks, social engineering, malware, man 772 00:37:19,920 --> 00:37:22,680 in the middle Trojan attacks, all these things that lead to 773 00:37:22,680 --> 00:37:26,560 theft of your digital assets while in self custody. 774 00:37:26,960 --> 00:37:29,720 And so we really look at this as like this paradigm shift from a 775 00:37:29,720 --> 00:37:33,040 user being able to go from a place of financial uncertainty 776 00:37:33,240 --> 00:37:37,320 to one of protection by using fair side the the sign up 777 00:37:37,320 --> 00:37:40,600 process is extremely simple. Users get an annual membership 778 00:37:40,600 --> 00:37:44,440 in order to cover their wallet assets for the year. 779 00:37:44,680 --> 00:37:47,880 Now this type of product though, like we look at insurance and 780 00:37:47,880 --> 00:37:50,480 say, hey, insurance needs to have experts building it in the 781 00:37:50,480 --> 00:37:52,600 insurance sector, right? You need to have a specific 782 00:37:52,640 --> 00:37:54,960 unique discipline. We also needed to look at the 783 00:37:54,960 --> 00:37:57,760 claims side, right? And so we needed to look to 784 00:37:57,760 --> 00:38:01,680 someone who had an expertise in the forensic side and in the 785 00:38:01,680 --> 00:38:04,360 investigation side to really create the trustworthiness 786 00:38:04,360 --> 00:38:07,320 inside the system because insurance systems, you show 787 00:38:07,320 --> 00:38:10,840 value at the time you pay a claim right up until that point. 788 00:38:10,840 --> 00:38:13,840 It's just a certain you know and so the claim we needed to find 789 00:38:13,840 --> 00:38:17,760 someone in a in a company that had like the same expertise 790 00:38:18,000 --> 00:38:21,040 equally to us on the insurance side, but on the investigative 791 00:38:21,320 --> 00:38:22,680 and on the digital forensic side. 792 00:38:22,920 --> 00:38:27,040 And that leads us of course, to Chris and and his team at Maxo. 793 00:38:28,240 --> 00:38:31,600 Wow, OK, that is super cool. Listen, y'all, I know the DJ is 794 00:38:31,600 --> 00:38:33,240 listening to our show. We're not used to this kind of 795 00:38:33,240 --> 00:38:36,480 conversation, but ensuring your shit is important, OK? 796 00:38:36,480 --> 00:38:41,560 You do it in the real world with your home, your car, your watch. 797 00:38:41,720 --> 00:38:44,480 You know your expensive shit well, or even non expensive 798 00:38:44,480 --> 00:38:46,720 stuff. I mean, it's just as important 799 00:38:47,080 --> 00:38:49,360 with your Web 3 assets and your web 3 wallets, right? 800 00:38:49,360 --> 00:38:51,480 I mean, Ovi's got a beautiful autoglyph on his wall. 801 00:38:51,480 --> 00:38:55,000 Yes, behind him. I mean, it's an expensive JPEG. 802 00:38:55,320 --> 00:38:58,920 It's a half $1,000,000 JPEG. Surely you want to get some sort 803 00:38:58,920 --> 00:39:02,120 of theft protection on it once you get to a certain size, 804 00:39:02,120 --> 00:39:04,560 right? Which then leads us to Naxo and 805 00:39:04,560 --> 00:39:06,280 Chris. I mean, Chris, why don't you 806 00:39:06,280 --> 00:39:08,080 give us a little background and we've pinned to the top. 807 00:39:08,080 --> 00:39:10,680 For those of you who are curious to learn more, there's a first 808 00:39:10,680 --> 00:39:12,920 side network sweater page. So make sure you follow them, 809 00:39:13,080 --> 00:39:15,080 make sure you also like, just look into what they're doing if 810 00:39:15,080 --> 00:39:16,360 you're interested. It's super important. 811 00:39:16,560 --> 00:39:19,960 But also Naxo Labs. I mean, why is this important 812 00:39:19,960 --> 00:39:22,600 when it comes to like the claims process, right, the significance 813 00:39:22,600 --> 00:39:25,600 of a partnership And because you guys are the ones handling claim 814 00:39:25,600 --> 00:39:27,440 processes and preventing this fraud. 815 00:39:27,440 --> 00:39:32,680 And goddamn last NFT season, boys, there was so much fishing. 816 00:39:32,880 --> 00:39:35,400 I mean there was a board ape getting stolen every day, 817 00:39:35,800 --> 00:39:39,600 everyday and those were like like half $1,000,000 of pop and 818 00:39:39,600 --> 00:39:42,040 you hate to see that, but how are you guys going to help 819 00:39:42,040 --> 00:39:44,560 prevent things like that in that and make sure that people get 820 00:39:44,760 --> 00:39:47,800 hopefully their money back? So yeah it's it's a growing 821 00:39:47,800 --> 00:39:49,960 problem it's just getting worse and worse and we hope to to 822 00:39:49,960 --> 00:39:52,720 tackle it. So at NAXO you know we're we do 823 00:39:52,720 --> 00:39:55,560 crypto analysis and expert testimony and we've worked with 824 00:39:55,800 --> 00:39:59,480 you know the regulators and and exchanges and investment firms 825 00:39:59,480 --> 00:40:03,040 and individuals you know on regulatory compliance incident 826 00:40:03,040 --> 00:40:05,880 response and and just implementing the best security 827 00:40:05,880 --> 00:40:08,800 features possible you know but we've been in this game since 828 00:40:08,800 --> 00:40:12,520 2011 go way back. So I was the case agent. 829 00:40:13,000 --> 00:40:14,880 I was an FBI agent. I'll I'll put it out there right 830 00:40:14,880 --> 00:40:16,040 now. I was. 831 00:40:17,160 --> 00:40:20,560 No, no, no, get it. Hold on, hold on. 832 00:40:20,560 --> 00:40:23,960 In case of an investigation by any federal entity or similar, I 833 00:40:23,960 --> 00:40:26,360 do not have any involvement with this group or with the. 834 00:40:27,120 --> 00:40:29,920 I do not know how I'm here former party. 835 00:40:30,400 --> 00:40:32,920 I do not support any members by any actions of this group. 836 00:40:33,080 --> 00:40:34,480 I'm safe now, right that I played this. 837 00:40:34,920 --> 00:40:36,840 You're safe, yeah. Nothing can be held against you 838 00:40:36,960 --> 00:40:38,360 now. OK, perfect. 839 00:40:38,360 --> 00:40:39,920 Perfect. Nothing can be held against me. 840 00:40:40,120 --> 00:40:44,080 OK, OK. So, Chris, sorry, I didn't mean 841 00:40:44,080 --> 00:40:44,880 to cut. You. 842 00:40:44,880 --> 00:40:47,600 No, that's all right. You're an ex FBI agent. 843 00:40:47,600 --> 00:40:50,960 Now what? Yeah, so, so my team, we've been 844 00:40:50,960 --> 00:40:53,440 in the crypto space since 2011. So you know we've been 845 00:40:53,440 --> 00:40:55,960 investigating these things, helping people you know get 846 00:40:55,960 --> 00:41:00,080 their their stolen crypto back. You know it started off in, you 847 00:41:00,080 --> 00:41:01,600 know investigating criminal activity with it. 848 00:41:01,600 --> 00:41:03,800 And you know we've kind of since we've left the government, you 849 00:41:03,800 --> 00:41:06,360 know we we've really helped people and partnering with it 850 00:41:06,360 --> 00:41:09,600 with Brandon and Andrew at Fairside is was a is a natural 851 00:41:10,480 --> 00:41:12,760 connection because you know these guys are doing exactly 852 00:41:12,760 --> 00:41:15,000 what we we want to do is help the victims, you know help 853 00:41:15,000 --> 00:41:18,000 people of fighting and get that money back. 854 00:41:19,400 --> 00:41:20,960 Yeah, no, that that's it. That's great. 855 00:41:21,000 --> 00:41:24,680 I mean who better the next FBI agent to start a company like 856 00:41:24,680 --> 00:41:26,720 that and help the people get their money back. 857 00:41:26,880 --> 00:41:28,680 And it's true. I mean originally, I mean a lot 858 00:41:28,680 --> 00:41:30,520 of people I know I got into crypto early on got into it 859 00:41:30,520 --> 00:41:32,320 because they were buying acid online, right. 860 00:41:33,040 --> 00:41:35,640 So or their weed or this or that or pizza for the matter. 861 00:41:35,840 --> 00:41:37,800 But you know we all know the story of the Bitcoin pizza, 862 00:41:38,200 --> 00:41:40,280 Bitcoin pizza guys. So that's actually that's 863 00:41:40,280 --> 00:41:43,200 actually pretty cool I guess. I guess it, it is bullish that 864 00:41:43,640 --> 00:41:44,920 Someone Like You started competing like that. 865 00:41:45,080 --> 00:41:50,800 So that's kind of that's kind of what we definitely want. 866 00:41:51,160 --> 00:41:53,320 Oh man, this is actually. I'm curious from your 867 00:41:53,320 --> 00:41:55,800 perspective, what do you, what do you make of this space now, 868 00:41:55,800 --> 00:41:58,240 like 10 years later? It's grown. 869 00:41:58,240 --> 00:41:59,880 It's grown beyond what I expected. 870 00:42:00,240 --> 00:42:02,480 So, I mean, so I I'll put it out there. 871 00:42:02,480 --> 00:42:03,880 I was the case agent on Silk Road. 872 00:42:03,880 --> 00:42:06,320 I mean I was, I was the guy who Ross and Ross Ulburn. 873 00:42:07,160 --> 00:42:11,040 And so, you know, when that happened in in San Francisco, 874 00:42:11,520 --> 00:42:14,320 yeah, I'm sure your audience is not so excited about that, but 875 00:42:14,320 --> 00:42:16,480 but it just shows you the experience that we've had in 876 00:42:16,480 --> 00:42:19,280 this whole thing. So what was that like? 877 00:42:19,280 --> 00:42:21,360 That must have been a pretty. Mental. 878 00:42:22,200 --> 00:42:23,720 Case. Destroyed. 879 00:42:23,720 --> 00:42:25,600 You have 45 minutes to go into the whole story. 880 00:42:26,240 --> 00:42:32,080 It's 5 minute interview on. You know what, That's great. 881 00:42:32,080 --> 00:42:33,160 I mean, what was the experience like? 882 00:42:33,160 --> 00:42:35,080 That's the TLDR like 2 minute version of that. 883 00:42:35,360 --> 00:42:37,840 Yeah. No it was interesting the whole 884 00:42:37,840 --> 00:42:41,400 going through and finding all the details and picking through 885 00:42:41,400 --> 00:42:45,920 it And then we had at that point you know I rested Ross and we 886 00:42:45,920 --> 00:42:48,240 sat down and talked and he he didn't want to talk too much but 887 00:42:48,240 --> 00:42:49,480 he was a nice guy, very nice guy. 888 00:42:50,280 --> 00:42:53,800 I enjoyed my time I spent with him and then we had to find out 889 00:42:53,800 --> 00:42:57,200 figure out a process of being able to seize 177,000 Bitcoin. 890 00:42:57,880 --> 00:43:01,400 So and then the FBI didn't quite know how to handle that so for a 891 00:43:01,400 --> 00:43:03,800 few weeks I walked around with a thumb drive in my pocket with 892 00:43:03,840 --> 00:43:09,440 177,000 bitcoins. So that that was terrifying but 893 00:43:09,640 --> 00:43:12,920 but but thinking back at the time, you know I was young, so 894 00:43:12,920 --> 00:43:15,320 naive to to just carry it around with me. 895 00:43:15,800 --> 00:43:19,400 You're walking around with 175,000 Bitcoin in your pocket. 896 00:43:19,880 --> 00:43:25,200 That's crazy shit. OK, listen, Brandon, you really 897 00:43:25,200 --> 00:43:26,280 got you. Really. 898 00:43:26,280 --> 00:43:27,640 I I guess you got the right part. 899 00:43:28,080 --> 00:43:29,400 I guess you got the right partners. 900 00:43:29,400 --> 00:43:30,720 I'm. I'm even more bullish on fair 901 00:43:30,720 --> 00:43:33,240 side now. Yeah, Well, I mean the concept, 902 00:43:33,240 --> 00:43:36,360 right, is that, you know, we we have to get an expert in this 903 00:43:36,360 --> 00:43:39,640 space because this type of product can promote, you know, 904 00:43:39,640 --> 00:43:42,280 more insurance fraud, right. Because we're still, we're still 905 00:43:42,280 --> 00:43:45,520 doing this in a decentralized way allowing for users to sign 906 00:43:45,520 --> 00:43:48,360 up quickly and somewhat anonymously. 907 00:43:48,360 --> 00:43:51,880 So now we have to then say how do you then prevent fraud on the 908 00:43:51,880 --> 00:43:56,680 system And nobody better than Chris and his team at Maxo to do 909 00:43:56,680 --> 00:44:00,600 exactly that, to stop fraud from entering our system. 910 00:44:00,840 --> 00:44:04,040 And in all insurance systems have an inherent amount of fraud 911 00:44:04,040 --> 00:44:06,400 in them. We're not expecting that Chris's 912 00:44:06,400 --> 00:44:09,680 team can cut down on, you know, every instance of fraud. 913 00:44:09,680 --> 00:44:13,080 But 10% of all insurance claims have an element of fraud in 914 00:44:13,080 --> 00:44:15,200 them. And if we can reduce that, 915 00:44:15,600 --> 00:44:19,440 that's the whole concept, right of of of eating using like 916 00:44:19,440 --> 00:44:22,720 advanced technologies and innovations is to improve upon 917 00:44:22,720 --> 00:44:25,480 the system that exists. And and Chris's team does 918 00:44:25,480 --> 00:44:29,000 exactly that for us. And I just there's nobody better 919 00:44:29,000 --> 00:44:30,720 that you could choose to have as a part. 920 00:44:30,760 --> 00:44:33,440 Of the team, yeah. Yeah, they're the perfect 921 00:44:33,440 --> 00:44:35,160 partner in this scenario, right? Holy shit. 922 00:44:35,160 --> 00:44:37,840 Just I hope you're not walking around with 150,000 Bitcoin in 923 00:44:37,840 --> 00:44:38,640 your pocket. And you might. 924 00:44:38,640 --> 00:44:41,960 I only have 100,000 Bitcoin in my pocket, so I I don't have the 925 00:44:41,960 --> 00:44:45,080 150. Shit. 926 00:44:45,080 --> 00:44:46,200 Oh my God. That's. 927 00:44:46,520 --> 00:44:48,960 I have to say, that is one of the craziest things that's ever 928 00:44:48,960 --> 00:44:51,360 happened to us in the show. And it's like the 600th episode. 929 00:44:55,040 --> 00:44:57,560 That's so cool. And then the last but not least 930 00:44:57,760 --> 00:45:00,200 and again like just a reminder, it's pinned at the top the 931 00:45:00,200 --> 00:45:02,920 collaboration between the partnership between, you know 932 00:45:02,920 --> 00:45:07,440 Naxo and and Fairside and and look like Brandon, I want to, I 933 00:45:07,440 --> 00:45:09,560 want to start, I was on Brandon. Yes, Brandon, I want to go back 934 00:45:09,560 --> 00:45:12,520 to you Brandon here, what's your road map to launch both of the 935 00:45:12,520 --> 00:45:15,440 product and read something about a token on your website. 936 00:45:15,440 --> 00:45:17,920 So what's up with that? Tell us more about the road map, 937 00:45:17,920 --> 00:45:20,840 what's next, and also how people from rock radio can get 938 00:45:20,840 --> 00:45:22,840 involved. Yeah, of course. 939 00:45:22,840 --> 00:45:25,760 So you know, this is really like our big announcement. 940 00:45:25,760 --> 00:45:29,160 We chose this platform because we believe in it so strongly as 941 00:45:29,360 --> 00:45:31,600 just to get an organic grassroots approach to really 942 00:45:31,600 --> 00:45:35,160 getting our word out there. So on the big news on the road 943 00:45:35,160 --> 00:45:38,680 map is that in Q2, in June, we'll be launching the token and 944 00:45:38,800 --> 00:45:44,200 the product so that users can get access to like a a global 945 00:45:44,840 --> 00:45:47,200 coverage product for their web free wallet assets. 946 00:45:47,200 --> 00:45:50,320 So that's coming really quickly in June and then there's a ton 947 00:45:50,320 --> 00:45:53,280 of announcements that will be leading up to that, but very 948 00:45:53,280 --> 00:45:55,480 exciting stuff and we're we're ready to crush it. 949 00:45:55,480 --> 00:45:58,440 So really, I would just advise everyone to follow us on 950 00:45:58,440 --> 00:46:03,120 Twitter, stay connected on Telegram as well, and then we'll 951 00:46:03,120 --> 00:46:05,680 we'll keep bringing, you know, the Alpha here and and try to 952 00:46:05,680 --> 00:46:07,960 keep dropping some some info here as well. 953 00:46:08,560 --> 00:46:10,240 Hell yeah, awesome. Of course. 954 00:46:10,280 --> 00:46:13,640 Of course, this fair Site Network is title sponsor for 955 00:46:13,640 --> 00:46:17,520 FOMO Hour on Rogue Radio. Well, Chris Brandon, this is a 956 00:46:17,520 --> 00:46:19,600 pleasure to have you all. I think we've, we have some 957 00:46:19,600 --> 00:46:28,280 great clips actually from the show today and you guys, listen, 958 00:46:28,840 --> 00:46:31,080 listen, good thing I'm in front. I'm not coming to the United 959 00:46:31,080 --> 00:46:32,320 States. I don't get arrested by Chris 960 00:46:32,320 --> 00:46:34,720 here, but. No, you're a great guy. 961 00:46:34,880 --> 00:46:39,320 Never. I I keep my shit kosher Okay. 962 00:46:40,880 --> 00:46:44,920 But listen, Brad and Chris, it's a pleasure to to have you guys 963 00:46:45,160 --> 00:46:46,920 on the show today. Thank you for coming and 964 00:46:46,920 --> 00:46:49,080 shedding light on security when it comes to crypto. 965 00:46:49,080 --> 00:46:51,840 Listen, super, super separate, all jokes aside, all that stuff. 966 00:46:52,800 --> 00:46:55,560 There's scams all the time. And we all follow Zach XBT, for 967 00:46:55,560 --> 00:46:57,520 example, right? And he's always tweeting about a 968 00:46:57,520 --> 00:47:00,760 new scam, a new draining link, a new phishing link. 969 00:47:00,760 --> 00:47:03,880 I mean there's people acting as Rock radio and the crypt interns 970 00:47:03,880 --> 00:47:06,720 and journalists sending people fake callenly attempts every 971 00:47:06,720 --> 00:47:08,320 single day. Actually we we can't even deal 972 00:47:08,320 --> 00:47:09,680 with it the company anymore. It's so bad. 973 00:47:09,680 --> 00:47:14,400 It's like 200 people a day that get emails and messages and and 974 00:47:14,400 --> 00:47:17,600 we can't control it. So you guys kind of are a 975 00:47:17,600 --> 00:47:20,880 solution to a problem like. That that's exactly what we were 976 00:47:20,880 --> 00:47:22,760 built to do. I mean if you want to see the 977 00:47:22,760 --> 00:47:26,320 potential in Web 3, which we think that obviously Web Three 978 00:47:26,320 --> 00:47:29,520 has the opportunity to include billions of participants 979 00:47:29,520 --> 00:47:34,280 globally, you need the financial and and economic security that 980 00:47:34,520 --> 00:47:37,280 insurance products and other security products can provide to 981 00:47:37,280 --> 00:47:41,400 you so. 100%, All right. Well, Chris, Brandon, appreciate 982 00:47:41,400 --> 00:47:43,000 you guys for coming. Have a wonderful. 983 00:47:43,760 --> 00:47:45,960 Thank you. All right. 984 00:47:45,960 --> 00:47:48,360 All right. Well, oh, that was one of the 985 00:47:48,360 --> 00:47:50,520 most surreal moments on the show.