1 00:00:00,600 --> 00:00:05,200 Oh, yo-yo, yo. What up? 2 00:00:05,200 --> 00:00:06,400 What up? Good morning. 3 00:00:06,400 --> 00:00:23,280 Good morning. GMG Friday Friday Friday Friday 4 00:00:23,280 --> 00:00:33,560 Friday January 12th 2024444 Look at that Another beautiful day to 5 00:00:33,560 --> 00:00:40,040 have a beautiful day I got my Co host. 6 00:00:40,920 --> 00:00:45,240 Singular in the House today, Obi, How you doing? 7 00:00:46,160 --> 00:00:46,800 Good. Thanks man. 8 00:00:46,800 --> 00:00:48,680 How you doing? I'm good it looks. 9 00:00:48,680 --> 00:00:50,960 Like, the market's not doing as good as we are, but we're good, 10 00:00:50,960 --> 00:00:54,960 right? Yeah, I mean, I guess we'll talk 11 00:00:54,960 --> 00:00:56,360 about it when we talk about the market. 12 00:00:56,360 --> 00:01:01,560 But yeah, it's it's not crazy surprising to me, but yeah, I'm 13 00:01:01,560 --> 00:01:02,360 doing well. I'm. 14 00:01:02,600 --> 00:01:03,960 I'm so glad it's the end of the week. 15 00:01:03,960 --> 00:01:07,080 I've just been so busy on like so many different things this 16 00:01:07,080 --> 00:01:08,120 year. Like, I feel like I've done more 17 00:01:08,120 --> 00:01:11,840 work in the first few weeks of of this year than I did for the 18 00:01:11,840 --> 00:01:14,040 last six months of last year. Let me put it that way. 19 00:01:15,080 --> 00:01:19,120 No more watching cricket and just fucking chilling out like. 20 00:01:19,920 --> 00:01:25,120 Mate, you and me both. It's like every single week for 21 00:01:25,120 --> 00:01:29,120 the last few months got busier and it's like a layer added, 22 00:01:29,120 --> 00:01:30,680 like yesterday was a 16 hour day for me. 23 00:01:30,680 --> 00:01:32,960 I'm not even Mimi, like I'm not even making this up. 24 00:01:32,960 --> 00:01:35,520 I'm trying to like flex hours some people I wish it wasn't, 25 00:01:35,520 --> 00:01:37,320 you know. What I mean it's like I. 26 00:01:37,320 --> 00:01:39,880 Don't want it to be a 16 hour day for what it's worth, but it 27 00:01:39,880 --> 00:01:40,840 was. You know what I mean? 28 00:01:41,320 --> 00:01:44,560 So it's just like it's it's like it got to the point where like I 29 00:01:44,560 --> 00:01:45,960 have no choice. Like I just like, you know, 30 00:01:45,960 --> 00:01:48,760 there was a moment like, you know, peak bear market, you 31 00:01:48,760 --> 00:01:53,600 know, my alarm would ring at like 83845 started, you know, 32 00:01:53,600 --> 00:01:56,880 getting busier. OK, alarm's like eight 15830. 33 00:01:57,200 --> 00:02:00,320 OK, got busy. OK, now the alarm is 8/8/15. 34 00:02:00,520 --> 00:02:04,400 Now it's 7:30. 745 Max you. Know. 35 00:02:04,400 --> 00:02:06,600 So that's, that's where that's where we're at now. 36 00:02:06,680 --> 00:02:09,080 That's where we're at because everything is just absolutely 37 00:02:09,080 --> 00:02:11,280 crazy and there's so much and there's only so many hours in 38 00:02:11,280 --> 00:02:14,400 the day that things got busier. So I can only relate. 39 00:02:14,400 --> 00:02:16,280 And it looks like our boys out for that reason. 40 00:02:16,280 --> 00:02:19,920 I mean the boys tired. So Mando was like boys. 41 00:02:20,480 --> 00:02:22,640 You know, let me put this this camera on for today. 42 00:02:23,240 --> 00:02:27,000 Mando was like, all right, boys, I am exhausted today. 43 00:02:27,080 --> 00:02:32,480 Oh, whoa, whoa, whoa. No way You can't see the studio 44 00:02:32,480 --> 00:02:33,400 OV. But I can. 45 00:02:34,360 --> 00:02:36,800 This is crazy. I was talking about you. 46 00:02:36,800 --> 00:02:37,160 Oh, really? No. 47 00:02:37,680 --> 00:02:41,240 No, no. Hold on, this is so weird. 48 00:02:41,800 --> 00:02:43,600 This is too like, you know how, Like, what is it? 49 00:02:43,600 --> 00:02:44,920 Your ears are ringing? Is that the quote? 50 00:02:44,920 --> 00:02:49,080 Like, oh, your ears are ringing. We were talking about you as you 51 00:02:49,080 --> 00:02:51,520 pulled up in the studio. We were just saying how busy 52 00:02:51,560 --> 00:02:54,120 like things got and how tired, sort of not tired like how busy 53 00:02:54,120 --> 00:02:56,000 things got and I was. Just saying like we're not going 54 00:02:56,000 --> 00:02:57,400 to be with Mando today. Because, like, he's really 55 00:02:57,400 --> 00:02:58,720 tired. So, like, let's give him off. 56 00:02:58,760 --> 00:03:01,720 And you showed up. Yeah, I just needed a break, 57 00:03:01,720 --> 00:03:03,920 man. I had like fucking whatever it 58 00:03:03,920 --> 00:03:09,040 is. 6 hours of calls. I start at 10:00 my time, and 59 00:03:09,040 --> 00:03:12,480 then and then the market's like going all over the place. 60 00:03:12,480 --> 00:03:15,960 So I just hadn't even got 5 minutes to to to compose myself. 61 00:03:16,400 --> 00:03:18,040 But now, Now I'm back. I'm back. 62 00:03:18,560 --> 00:03:21,440 Yeah. I mean, I'm glad you're back. 63 00:03:21,440 --> 00:03:24,840 I mean, while you were gone, I mean, the markets puked with you 64 00:03:24,960 --> 00:03:27,400 not being, not being here. We need. 65 00:03:27,400 --> 00:03:28,360 We need our. We need a. 66 00:03:28,360 --> 00:03:33,000 Professional T whopper We need mando to to send to send bids on 67 00:03:33,000 --> 00:03:36,360 Bitcoin and ETH and solana and. What is going on? 68 00:03:36,360 --> 00:03:39,480 Like, I literally have, like, as with yesterday, I've just not 69 00:03:39,480 --> 00:03:41,560 been looking at what's been going on at all. 70 00:03:41,720 --> 00:03:44,400 Good for you, I think. That's and then. 71 00:03:44,400 --> 00:03:47,520 And then I've come on and like, all I see in the chat invariably 72 00:03:47,520 --> 00:03:50,360 is for Oak putting stuff in as soon as he wakes up. 73 00:03:50,360 --> 00:03:52,720 Just like, exclamation mark, exclamation mark. 74 00:03:52,720 --> 00:03:54,440 And then it takes me like an hour to work out what the hell 75 00:03:54,440 --> 00:03:57,200 he's talking about. So what? 76 00:03:57,200 --> 00:03:58,240 What has been going on this morning? 77 00:03:58,240 --> 00:04:00,480 It feels like the market is, like, fucking terrible, right? 78 00:04:00,480 --> 00:04:05,280 And then and if BTCS moved to like, that's an insane move, 79 00:04:05,400 --> 00:04:06,840 that's like a 20. Percent. 80 00:04:07,280 --> 00:04:08,640 Move. Wait, hold on. 81 00:04:08,720 --> 00:04:09,800 Wait. Today on the show? 82 00:04:09,800 --> 00:04:11,440 Wait, I didn't get to that. OK, let's get to that. 83 00:04:11,440 --> 00:04:12,520 You. You kind of jumped the gun. 84 00:04:12,520 --> 00:04:13,400 But that's fine. It's my fault. 85 00:04:13,400 --> 00:04:14,280 I don't know what's going on. I. 86 00:04:14,280 --> 00:04:17,000 Just realized that coin shares required Valkyrie funds and the 87 00:04:17,000 --> 00:04:20,839 fucking ETF with it. I just. 88 00:04:20,839 --> 00:04:23,520 I just saw that what? There's so much going on. 89 00:04:23,560 --> 00:04:24,480 This is insane. Sorry. 90 00:04:24,800 --> 00:04:27,280 Did you guys know that coin shares bought, acquired Valkyrie 91 00:04:27,280 --> 00:04:28,920 funds? I don't know if I'm going to be 92 00:04:28,920 --> 00:04:30,680 that helpful on this. I have no idea. 93 00:04:30,960 --> 00:04:34,040 Wild It's not under. So crazy, yes. 94 00:04:35,360 --> 00:04:36,600 OV come on, please. I need. 95 00:04:36,640 --> 00:04:39,800 I need you for the day. So today on the show. 96 00:04:39,840 --> 00:04:42,520 Don't worry Mando, we're going to carry this one today because 97 00:04:42,560 --> 00:04:47,160 OV is going to help carry this. So today on the show today, 98 00:04:47,160 --> 00:04:50,680 market updates, moves and all that good stuff. 99 00:04:50,720 --> 00:04:54,480 As usual. Wait Sims, this is my fault. 100 00:04:54,480 --> 00:04:56,680 I totally did not open the formal hour. 101 00:04:57,040 --> 00:05:00,280 Sheet that you prepared. Like every day this morning, 102 00:05:00,840 --> 00:05:02,760 because this morning was crazy again. 103 00:05:03,400 --> 00:05:10,760 So hold on to the other show today. 104 00:05:10,760 --> 00:05:13,760 Today. Market report updates and moves. 105 00:05:13,760 --> 00:05:17,880 So BTC retraced after $49,000 pump 49,000, you know, top pump 106 00:05:17,880 --> 00:05:19,280 over here. Top all coin gainers. 107 00:05:19,280 --> 00:05:21,120 We're going to talk about this and losers shut that on the 108 00:05:21,120 --> 00:05:24,960 screen as usual. Vanguard coming in as as crypto 109 00:05:24,960 --> 00:05:27,600 haters though you know seems like they've got a lot they've 110 00:05:27,600 --> 00:05:31,240 got you know literally like other companies with crypto on 111 00:05:31,240 --> 00:05:33,120 their balance sheet. So that's I think that's pretty 112 00:05:33,120 --> 00:05:35,720 hilarious. Larry Fink this morning on 113 00:05:35,720 --> 00:05:39,760 national television attempted to pump our bags didn't work out 114 00:05:39,760 --> 00:05:41,480 quite well. We don't know what's going on 115 00:05:41,480 --> 00:05:43,680 the transfies involved but let's see what's going on. 116 00:05:43,680 --> 00:05:46,400 So I know Larry was was on TV this morning, Kathy Woods 117 00:05:46,400 --> 00:05:48,480 calling for $1.5 million Bitcoin. 118 00:05:49,120 --> 00:05:51,600 You know what they're saying versus what's happening on the 119 00:05:51,600 --> 00:05:53,480 market right now. You wouldn't believe it, but I 120 00:05:53,480 --> 00:05:56,000 promise you guys don't worry about a short term move because 121 00:05:56,000 --> 00:05:57,320 that's what they're saying on television. 122 00:05:57,800 --> 00:06:00,320 Global news and economy. We have a lot of stuff going on 123 00:06:00,760 --> 00:06:01,880 in South Korea. What? 124 00:06:01,880 --> 00:06:03,680 Banning spot? Bitcoin ETS, huh? 125 00:06:05,520 --> 00:06:08,360 What is going on? And a whole bunch of stuff going 126 00:06:08,360 --> 00:06:12,640 on that front and NFT market update of course with Toppler 127 00:06:12,640 --> 00:06:16,560 Farmer we saw that removing liquidity from the Bay Borne PR 128 00:06:16,560 --> 00:06:18,960 club and then throwing flowers at OSF and Mando. 129 00:06:18,960 --> 00:06:21,720 I don't know if you guys saw that yesterday, that tweet did 130 00:06:21,720 --> 00:06:26,080 some numbers. You got have to see it honestly 131 00:06:26,080 --> 00:06:28,560 as this keeps going on your your guys trade really. 132 00:06:28,560 --> 00:06:29,960 Really. Stamping itself as one of the 133 00:06:29,960 --> 00:06:32,480 greatest trades of all. Time even more. 134 00:06:32,720 --> 00:06:35,280 And then last but not least, we will be joined. 135 00:06:35,840 --> 00:06:39,520 We will be joined by by by friend of the show, by friend of 136 00:06:39,520 --> 00:06:44,360 the show, great friend of ours, Udi Wertheimer Co founder of the 137 00:06:44,360 --> 00:06:49,040 Taproot Wizards and the artist behind Taproot wizard OX4 as 138 00:06:49,040 --> 00:06:52,200 they teased the release of quantum cats. 139 00:06:52,200 --> 00:06:54,200 And if I'm not mistaken, they got a bunch of announcements 140 00:06:54,200 --> 00:06:55,920 coming out like yesterday, today and whatnot. 141 00:06:55,920 --> 00:06:58,360 So maybe it already came out. I just really haven't had the 142 00:06:58,360 --> 00:07:00,120 time to check it out. But good thing we have Udi 143 00:07:00,560 --> 00:07:06,240 coming in today with the Bitcoin cabal to talk to us about, to 144 00:07:06,280 --> 00:07:08,920 talk to us about what's going on in there. 145 00:07:08,920 --> 00:07:13,360 Also an exciting show ahead ahead of us on this wonderful 146 00:07:13,360 --> 00:07:14,840 Friday. And without further ado, why 147 00:07:14,840 --> 00:07:17,360 don't we get this party started? Because I feel like the. 148 00:07:17,360 --> 00:07:18,840 People really want to hear what's happening with the 149 00:07:18,840 --> 00:07:23,600 market. Daily Market Report Brought to 150 00:07:23,640 --> 00:07:30,800 You by Rug Radio What's the? Word. 151 00:07:30,800 --> 00:07:32,600 Yeah. So we're seeing, OK, let's go 152 00:07:32,680 --> 00:07:35,840 traditional markets. Something that's important to 153 00:07:35,840 --> 00:07:38,800 mention that we didn't talk about yesterday is that we had 154 00:07:38,800 --> 00:07:40,560 the first inflation number of the year. 155 00:07:41,120 --> 00:07:43,640 So CPI actually came in above expectations. 156 00:07:43,640 --> 00:07:46,800 I think it came in at 3.4%, was it 3.43 point five, I can't 157 00:07:46,800 --> 00:07:50,040 remember versus 3.2% expectations. 158 00:07:50,040 --> 00:07:52,360 So it came in above core inflation, came in above 159 00:07:52,360 --> 00:07:55,240 expectations. So to kick off the year, to 160 00:07:55,240 --> 00:07:58,040 start the year, we've now had payrolls come in ahead of 161 00:07:58,040 --> 00:08:01,200 expectations and you've had inflation come in above 162 00:08:01,200 --> 00:08:05,840 expectations. So if anyone's hoping for you 163 00:08:05,840 --> 00:08:10,960 know a a nearer term rate cut than the markets were expecting 164 00:08:10,960 --> 00:08:12,760 that is now like off the off the table. 165 00:08:12,760 --> 00:08:17,120 I would say on top of that we have the FOMCI believe next week 166 00:08:17,600 --> 00:08:20,680 and there is a risk now there's a risk that like you know the 167 00:08:20,760 --> 00:08:23,720 December FOMC was like was starting to become dovish, but 168 00:08:23,960 --> 00:08:27,760 now I've had two data points which more more than that which 169 00:08:27,960 --> 00:08:29,120 aren't really in the right direction. 170 00:08:29,120 --> 00:08:32,280 So I think there is a risk now that the Fed can like I don't 171 00:08:32,280 --> 00:08:34,360 think they're like backtracking what they said, but they could 172 00:08:34,480 --> 00:08:37,400 definitely give a more hawkish FOMC than that we've had. 173 00:08:37,400 --> 00:08:39,039 So that's something important to remember. 174 00:08:39,440 --> 00:08:42,159 With macro markets, we didn't really see any big news either 175 00:08:42,159 --> 00:08:44,480 way and you know interest rates actually sold off and they 176 00:08:44,480 --> 00:08:47,000 rallied again. So it's good to see that like 10 177 00:08:47,000 --> 00:08:48,680 year hasn't gone like meaningfully above 4%. 178 00:08:48,680 --> 00:08:52,040 It's actually about 3.95% now, but that's something to bear in 179 00:08:52,040 --> 00:08:58,240 mind with with Tradfi, with crypto, maybe it wasn't sell the 180 00:08:58,240 --> 00:08:59,840 news, but it's kind of been like a delayed sell. 181 00:08:59,840 --> 00:09:07,080 The news with you know, Bitcoin is now 44.4 K, 44 1/2 K since 182 00:09:08,840 --> 00:09:12,120 which is down from like highs of I guess like 49 K yesterday when 183 00:09:12,120 --> 00:09:16,960 when the ETF originally started trading in my opinion. 184 00:09:17,840 --> 00:09:20,240 When I looked at the final volume numbers yesterday, I 185 00:09:20,240 --> 00:09:23,240 thought they fell, they were really strong volume numbers. 186 00:09:23,240 --> 00:09:25,920 I think I'd be wrong like like 4 billion odd is like incredible. 187 00:09:25,920 --> 00:09:31,120 But I I I feel they fell below the expectations of CTM and 188 00:09:31,120 --> 00:09:34,240 below my expectations because I think what we really needed was 189 00:09:34,240 --> 00:09:36,960 like one of the ETFs, not the collective volumes, but one of 190 00:09:36,960 --> 00:09:41,200 the individual ETFs to do more than $2 billion of volume so 191 00:09:41,200 --> 00:09:43,240 that it would break the record for the top spot. 192 00:09:43,760 --> 00:09:49,240 And and and we had, we had all these rumours that BlackRock 193 00:09:49,240 --> 00:09:51,280 we're going to put in 2 billion and then went to three to 4 194 00:09:51,280 --> 00:09:54,520 billion and maybe that happens over time, but it didn't happen 195 00:09:54,520 --> 00:09:56,760 on day one. And so we didn't see like the 196 00:09:56,760 --> 00:10:00,720 Black Rock ETF volume was just just broke a billion dollars. 197 00:10:00,720 --> 00:10:04,480 So I think those volumes in my opinion actually while they may 198 00:10:04,480 --> 00:10:08,080 look good in the Trafi world, I think they're disappointed, but 199 00:10:08,080 --> 00:10:09,840 they're disappointed versus expectations, they're still very 200 00:10:09,840 --> 00:10:11,640 strong numbers, but versus expectations I think they're 201 00:10:11,640 --> 00:10:15,960 disappointed. And you now like had the event, 202 00:10:15,960 --> 00:10:19,040 we've had the big ETF event, it got approved, we had the big 203 00:10:19,360 --> 00:10:22,200 volume day which was a bit below that's out the way now. 204 00:10:22,200 --> 00:10:25,200 And so it's sort of like what's the next thing for crypto here 205 00:10:26,040 --> 00:10:28,480 at a point where we've run up massively, you know, like alts, 206 00:10:28,480 --> 00:10:32,320 some alts are up 345X in in the last few months. 207 00:10:33,480 --> 00:10:36,560 It's like well, what's next? The next thing would be the ETF. 208 00:10:36,560 --> 00:10:40,320 And with, you know LO and behalf we are seeing ETH really truly 209 00:10:40,320 --> 00:10:43,280 outperforming. Like, I mean ETH Bitcoin has hit 210 00:10:43,280 --> 00:10:49,720 0.06 today, which is, I mean it's it's basically. 211 00:10:49,720 --> 00:10:53,760 Got that move? 30% move in like 2 days, like 3 212 00:10:53,760 --> 00:10:55,560 days, it's basically all that value. 213 00:10:55,560 --> 00:10:57,480 It's shared over the last three months. 214 00:10:57,800 --> 00:10:59,800 It's managed to get back in three days, which is insane. 215 00:10:59,800 --> 00:11:02,480 Like that's in the same performance and that's purely 216 00:11:03,080 --> 00:11:06,080 ETF driven. It's purely on the Larry Fink's 217 00:11:06,080 --> 00:11:09,480 comments today on on how he thought an ETF would be good or 218 00:11:09,480 --> 00:11:11,360 something like that. So that's kind of like the 219 00:11:11,360 --> 00:11:13,880 outperform of the market. But yeah, everything else I 220 00:11:13,880 --> 00:11:17,200 think is selling off on just in my opinion, like profit taking 221 00:11:17,960 --> 00:11:19,280 is the main thing. There isn't really a lot of 222 00:11:19,280 --> 00:11:21,960 leverage out there, like funding is very low but you know 223 00:11:21,960 --> 00:11:23,640 sometimes the sellers aren't always liquidation. 224 00:11:23,640 --> 00:11:26,600 So so the sellers can be sellers of spot just just as we have 225 00:11:26,600 --> 00:11:27,960 buyers of spot. And it feels like to me there's 226 00:11:27,960 --> 00:11:32,440 profit taking here. I don't know like where we go 227 00:11:32,440 --> 00:11:34,800 from here, but I think with everything that's just happened 228 00:11:34,800 --> 00:11:40,920 in the last two weeks and how prices have moved and people 229 00:11:40,920 --> 00:11:43,600 telling me I'm an idiot for being cautious, I think it's, I 230 00:11:43,600 --> 00:11:49,200 think there's reasonable justification to to have some 231 00:11:49,200 --> 00:11:50,680 caution here and not just be gung ho. 232 00:11:51,760 --> 00:11:53,520 I think we're we're seeing that play out today I think. 233 00:11:54,920 --> 00:11:56,640 I I like. I like the term gung ho. 234 00:11:59,320 --> 00:12:01,880 I would love for us to go back for gung ho here on this dip. 235 00:12:02,280 --> 00:12:06,080 Could be could be a lot of fun. Could be a lot of fun. 236 00:12:06,240 --> 00:12:08,240 Ovi, I'm gonna. I want to keep talking to you 237 00:12:08,240 --> 00:12:14,320 here for a second. I'm seeing a lot of I'm looking. 238 00:12:14,640 --> 00:12:19,800 I'm seeing a lot of people mainly like Pintoshi same pump 239 00:12:19,800 --> 00:12:23,280 and the larger traders here on on the timeline talk about you 240 00:12:23,280 --> 00:12:26,240 know this rotation ETH and I know you've been talking about 241 00:12:26,240 --> 00:12:29,840 ETH for a minute on here and I know that you know you've been, 242 00:12:31,000 --> 00:12:33,120 I know that you've been, you know been really bullish on it 243 00:12:33,120 --> 00:12:34,160 here. What do you think? 244 00:12:34,200 --> 00:12:37,280 I mean there was this like what is it ETH, BTC, bottom, we're 245 00:12:37,280 --> 00:12:39,040 just talking about it like point O six or something. 246 00:12:40,200 --> 00:12:42,560 And it seems like obviously the bigger flush it was for us was 247 00:12:42,560 --> 00:12:45,560 definitely not on east. I mean E topped out around 2717. 248 00:12:45,560 --> 00:12:47,440 Here it's only down to like 2650. 249 00:12:48,040 --> 00:12:50,800 But Bitcoin, however, you know topped out around 49 to flush 250 00:12:50,800 --> 00:12:52,400 all the way. I mean it's currently still 251 00:12:52,400 --> 00:12:56,240 flushing, it's 44 four. What do you think happens here 252 00:12:56,720 --> 00:12:58,080 with regards to ether? I mean, you mentioned also 253 00:12:58,080 --> 00:13:00,680 BlackRock this morning, Larry Fink talking about how he wants 254 00:13:00,680 --> 00:13:03,400 to push an ETF forward because it makes sense we should. 255 00:13:03,480 --> 00:13:05,600 Show that we should show that interview because it's a very. 256 00:13:05,600 --> 00:13:08,600 Short week I I only have so I have the. 257 00:13:09,520 --> 00:13:13,000 I only have the clip of him talking about a Bitcoin. 258 00:13:14,640 --> 00:13:16,880 It's only like a 32nd clip. If you're talking Larry Fink, 259 00:13:17,760 --> 00:13:19,600 it's it's it's worth listening to it. 260 00:13:19,960 --> 00:13:21,800 Because I have the one where he compares. 261 00:13:22,400 --> 00:13:24,920 Saying that, no, it's here I I have the one where he compares 262 00:13:24,920 --> 00:13:27,200 Bitcoin to gold. I think it's the end of that 263 00:13:27,200 --> 00:13:28,280 here. It's it's extent. 264 00:13:28,280 --> 00:13:30,400 It's the last bit of that he he it's not like he has some big 265 00:13:30,400 --> 00:13:31,720 speech about Eve. It's actually more I. 266 00:13:31,920 --> 00:13:34,640 Don't think it's in that video. I think so. 267 00:13:34,640 --> 00:13:37,760 Watcher, guru and stuff only posts the clip with 15 second 268 00:13:37,800 --> 00:13:38,680 clip. Oh. 269 00:13:39,880 --> 00:13:42,240 Is that it? Yeah, Watching Guru. 270 00:13:42,800 --> 00:13:43,800 Oh, no. Maybe. 271 00:13:44,640 --> 00:13:48,160 Was it was it on CNBC with with Sorkin? 272 00:13:49,000 --> 00:13:51,640 Yeah, it was with Sorkin on T1. Is this the clip? 273 00:13:52,840 --> 00:13:54,560 D Gen. News did did it, if you want to 274 00:13:54,560 --> 00:13:56,400 go on to them. You think that all these things 275 00:13:56,400 --> 00:14:00,120 have to go to court first? I couldn't respond to that. 276 00:14:00,160 --> 00:14:03,480 I I I see value in having an Ethereum ETF. 277 00:14:04,120 --> 00:14:06,960 As I said, these are just start stepping stones towards 278 00:14:06,960 --> 00:14:10,720 tokenization and I really do believe this is where we're 279 00:14:10,720 --> 00:14:12,680 going to be going. We have the technology to 280 00:14:12,680 --> 00:14:15,480 tokenize today. If you want to talk about, think 281 00:14:15,480 --> 00:14:18,280 about this. If you had a tokenize security 282 00:14:18,640 --> 00:14:23,440 and you have a tokenize identity, you Andrew, the moment 283 00:14:23,440 --> 00:14:26,880 you buy or sell an instrument, it's known it's on a general 284 00:14:26,880 --> 00:14:28,640 Ledger that is all created together. 285 00:14:29,400 --> 00:14:32,840 You want to talk about issues around money laundering and all 286 00:14:32,840 --> 00:14:35,840 that. This eliminates all corruption 287 00:14:35,920 --> 00:14:38,760 by having a tokenized system. Jamie Dimon disagrees with you 288 00:14:38,760 --> 00:14:43,800 on that. Bus. 289 00:14:43,800 --> 00:14:46,320 Jamie. Jamie Dimon disagrees with you 290 00:14:46,320 --> 00:14:46,560 here. So. 291 00:14:46,560 --> 00:14:47,400 Amanda, what? What? 292 00:14:47,400 --> 00:14:48,640 What? Was that like, what do we do? 293 00:14:48,640 --> 00:14:50,680 You want to summarize A. Slightly more extended one as 294 00:14:50,680 --> 00:14:54,080 well where he just spoke about We think that Bitcoin is a store 295 00:14:54,080 --> 00:14:56,960 of value, just like gold. And then he was basically what 296 00:14:56,960 --> 00:14:58,640 was leading on to that question was he was asked what do you 297 00:14:58,640 --> 00:15:02,160 think about all these other alts having ETFs? 298 00:15:03,440 --> 00:15:04,920 He said do you think there'll be multiple? 299 00:15:04,920 --> 00:15:07,200 He said and his response was, I think there's there'll be value 300 00:15:07,200 --> 00:15:11,200 in an ETF, but he didn't want to talk about the court cases 301 00:15:11,200 --> 00:15:13,720 against other alts, that's what that's he just didn't say 302 00:15:13,720 --> 00:15:17,760 anything. And then after that conversation 303 00:15:17,760 --> 00:15:20,120 then had Gary Gensler on. So if you type in Gary Gensler 304 00:15:21,440 --> 00:15:23,960 right now, you'll see him also speak to Sorkin. 305 00:15:24,800 --> 00:15:30,240 And that was wild, because I've never actually seen like it was 306 00:15:30,240 --> 00:15:32,360 just so wild to hear him talk about crypto. 307 00:15:33,440 --> 00:15:36,280 And it's worth worth having it on again by the week. 308 00:15:36,280 --> 00:15:37,960 As well. Yeah. 309 00:15:38,080 --> 00:15:41,760 They had them straight after. They had them on straight after 310 00:15:42,120 --> 00:15:43,240 Shit. You're right here. 311 00:15:43,240 --> 00:15:45,720 You want me to play that hold? On Play It, it's worth listening 312 00:15:45,720 --> 00:15:47,600 to. There's so much going on this 313 00:15:47,600 --> 00:15:48,960 morning like. Is it? 314 00:15:50,480 --> 00:15:53,360 There's so much going on news. Wise this morning like it it's. 315 00:15:53,400 --> 00:15:54,160 Actually. Wild. 316 00:15:54,200 --> 00:15:55,680 Also why is this video not loading? 317 00:15:55,680 --> 00:15:56,920 One second Y'all. I'm sorry about that. 318 00:15:57,400 --> 00:15:58,560 We're we're live. Just so y'all know. 319 00:15:58,560 --> 00:16:01,160 In the meantime, let me tell you all we're live on video and 320 00:16:01,160 --> 00:16:04,200 audio, so you can find us on X and on the RUG video YouTube, 321 00:16:04,200 --> 00:16:06,400 but you can also just look at us on X on on the broadcast. 322 00:16:06,400 --> 00:16:09,360 I've shared it. Video's not loading, so he. 323 00:16:09,360 --> 00:16:12,480 Basically he basically said the only use case for crypto is for 324 00:16:12,480 --> 00:16:15,200 money laundering and and ransomware. 325 00:16:15,600 --> 00:16:17,840 He was like the only use case of Bitcoin. 326 00:16:17,840 --> 00:16:21,560 It's it's a speculative store of value and its main use case is 327 00:16:21,560 --> 00:16:25,640 for money laundering. It was like how are you that 328 00:16:25,640 --> 00:16:28,200 anti crypto that you think the only use case possible for 329 00:16:28,200 --> 00:16:33,000 Bitcoin is is money laundering. It it it was a pretty wild thing 330 00:16:33,160 --> 00:16:35,760 for him to to like go. Out he's he's going to be out 331 00:16:35,760 --> 00:16:37,440 soon. I think he's going to be done. 332 00:16:39,400 --> 00:16:41,800 Yeah, like he's. He's not an idiot like he does 333 00:16:41,800 --> 00:16:45,240 have a like you. You saw the videos and he also 334 00:16:45,240 --> 00:16:49,920 looks like he's aged about 15 years in these videos. 335 00:16:50,080 --> 00:16:52,240 He's lost the plot, hasn't he? I think he's lost the plot. 336 00:16:52,440 --> 00:16:55,120 Yeah, I don't know. It's a man who hasn't slept in a 337 00:16:55,120 --> 00:16:57,800 while. Look looking at that video. 338 00:16:57,800 --> 00:17:00,320 But yeah, it's he. Didn't have your Christmas 339 00:17:00,320 --> 00:17:01,160 today. He did. 340 00:17:01,360 --> 00:17:03,280 Not he did not. He did not have a good 341 00:17:03,280 --> 00:17:04,839 Christmas. He knows about blockchain 342 00:17:04,839 --> 00:17:06,480 technology. Like, here's the guy who who was 343 00:17:06,480 --> 00:17:08,960 basically when he was a professor talking about it and 344 00:17:08,960 --> 00:17:10,560 being like, you know, this is really to them. 345 00:17:10,920 --> 00:17:13,480 He was chilling Al Goran in front of MIT. 346 00:17:13,480 --> 00:17:15,160 He. Knows what the use case is like. 347 00:17:15,160 --> 00:17:16,760 He's not an idiot. He doesn't just think like the 348 00:17:16,800 --> 00:17:19,280 only use case of Bitcoin is for money laundering. 349 00:17:19,280 --> 00:17:22,720 That's just like such a highly, highly political view. 350 00:17:22,720 --> 00:17:25,040 That's like that's like what Warren keeps on saying. 351 00:17:25,880 --> 00:17:28,920 But Speaking of Warren, hold on. Can we show? 352 00:17:28,960 --> 00:17:32,360 The greatest community note thus far at 12 days into the new 353 00:17:32,760 --> 00:17:35,920 year. I mean, that was phenomenal, 354 00:17:36,120 --> 00:17:39,080 Heather Warren yesterday saying. That the SEC. 355 00:17:39,080 --> 00:17:40,920 Hold on, let me show you all this, because it was just so 356 00:17:40,920 --> 00:17:42,720 good. So yesterday Elizabeth Warren 357 00:17:42,720 --> 00:17:47,640 claiming. The SEC here, she says the SEC 358 00:17:47,640 --> 00:17:51,080 Gov is wrong on the law and wrong on the policy with respect 359 00:17:51,080 --> 00:17:53,520 to the Bitcoin ETF decision. If the SEC is going to let 360 00:17:53,520 --> 00:17:56,480 crypto Burrow and even dip deeper into our financial 361 00:17:56,480 --> 00:17:59,440 system, then it's. More urgent than ever, the 362 00:17:59,440 --> 00:18:02,640 crypto follow basic anti money laundering rules, she got 363 00:18:03,280 --> 00:18:07,200 community noted. To say the American court 364 00:18:07,200 --> 00:18:11,760 decided to proving Bitcoin ETF is lawful and not unlawful. 365 00:18:11,760 --> 00:18:14,600 Lawful. The DC Circuit Court of Appeals 366 00:18:14,600 --> 00:18:17,920 overturned the SC CS rejection of Grayscale's bid to convert 367 00:18:17,920 --> 00:18:19,760 its trust into an exchange traded fund. 368 00:18:19,760 --> 00:18:24,720 So, like, it's like, you know, how like sometimes like. 369 00:18:24,880 --> 00:18:27,160 You're on the you. Sound like a conspiracist when 370 00:18:27,160 --> 00:18:28,920 you say something like this, like, oh, it sounds like there's 371 00:18:28,920 --> 00:18:31,360 something, they're like saying all these things. 372 00:18:32,200 --> 00:18:34,360 It's not even crazy to think that there's someone pulls the 373 00:18:34,360 --> 00:18:37,080 strings on Warren and like Gensler at this stage, like he's 374 00:18:37,080 --> 00:18:39,280 in front of national television telling you that Bitcoin is only 375 00:18:39,280 --> 00:18:41,120 for money laundering and the legal activities. 376 00:18:41,720 --> 00:18:47,280 But there's recordings of him teaching a class at MIT. 377 00:18:47,560 --> 00:18:49,400 Mind you, that's like the top 20 school in the world, right? 378 00:18:49,880 --> 00:18:54,760 This this is what I mean. It's where where his view is to 379 00:18:54,760 --> 00:18:57,520 decide if something is a security or not a security. 380 00:18:57,840 --> 00:19:00,720 Right. That's his role to work out if 381 00:19:00,720 --> 00:19:04,800 his his it comes under his purview as as the as the 382 00:19:04,800 --> 00:19:09,200 commissioner of the SEC for them him to then he's gone far more 383 00:19:09,200 --> 00:19:12,600 militant in his view than just thinking oh this is this should 384 00:19:12,600 --> 00:19:15,240 be regulated as security. It's now been like the only use 385 00:19:15,240 --> 00:19:16,760 case Bitcoin is for money laundering. 386 00:19:16,760 --> 00:19:21,040 Like that's that's like a really political, I think a politically 387 00:19:21,040 --> 00:19:24,120 motivated statement, which I was just really surprised to him to 388 00:19:24,120 --> 00:19:27,280 be saying that. I mean, are you surprised at 389 00:19:27,280 --> 00:19:30,720 this stage I. Was genuinely I was here that 390 00:19:30,720 --> 00:19:33,760 him talk about it like that like before it's been they've been 391 00:19:33,760 --> 00:19:36,440 non compliant. It's not to say like the only 392 00:19:36,440 --> 00:19:38,880 use case they see, they see is is money laundering. 393 00:19:38,880 --> 00:19:40,360 Like that's. That's kind of wild I guess. 394 00:19:40,440 --> 00:19:42,680 I haven't seen the. Like it's not it's not loading, 395 00:19:42,680 --> 00:19:45,120 but like you know. Just remember who warned you 396 00:19:45,120 --> 00:19:46,600 about Gary Boys. I'm just saying. 397 00:19:47,240 --> 00:19:50,520 Oh, come on, mate, this is. He's there. 398 00:19:50,520 --> 00:19:52,840 He's there, lurking. He's there, He's there. 399 00:19:52,840 --> 00:19:54,520 When you turn the light off, he's in your room. 400 00:19:55,080 --> 00:19:56,240 Oh my. God, did you know? 401 00:19:56,360 --> 00:19:58,920 You know I'm having dream I'm having nightmares about this MF 402 00:19:58,920 --> 00:20:00,160 or bro. You know that like. 403 00:20:00,160 --> 00:20:02,720 You know that meme of like. When the guy's like, oh, the 404 00:20:02,720 --> 00:20:04,520 gains and you have the other meme, like the big thing 405 00:20:04,600 --> 00:20:08,880 grabbing it from behind, you know, it's like Gary Ganzer at 406 00:20:08,880 --> 00:20:09,920 night. Just like grabbing that. 407 00:20:10,160 --> 00:20:11,240 You know what I mean? I'm talking about, right? 408 00:20:11,320 --> 00:20:16,440 Yeah. And you're like grab it into the 409 00:20:16,440 --> 00:20:19,360 abyss and just keep taking you on and just like you know taking 410 00:20:19,800 --> 00:20:21,560 you in the corner, but that's the. 411 00:20:21,720 --> 00:20:25,400 So that's that on the on that front when it comes to the 412 00:20:25,400 --> 00:20:28,120 market, I guess, right like we saw 4 1/2 billion dollars of 413 00:20:28,120 --> 00:20:30,680 trading volume come into the come into the come into the 414 00:20:30,680 --> 00:20:33,440 market yesterday. Which looks he's pretty good. 415 00:20:33,440 --> 00:20:37,320 It looks like it was about 700. What is it 700,000 transactions 416 00:20:37,320 --> 00:20:42,000 or something I've read total which is pretty pretty big And 417 00:20:42,000 --> 00:20:45,680 then of course like this is what it looks like on that front and 418 00:20:45,680 --> 00:20:48,920 then like something I I just found out about as we started 419 00:20:48,920 --> 00:20:54,400 the show. It seems it's like, I mean it's 420 00:20:54,640 --> 00:20:57,960 it's pretty crazy right? Like what What would like coin 421 00:20:57,960 --> 00:21:01,760 shares exercises option to acquire US Bitcoin ETF? 422 00:21:01,760 --> 00:21:04,720 Ishore Valkyrie. This I don't think. 423 00:21:04,720 --> 00:21:07,800 I think that was already a Co a Co creation the product. 424 00:21:07,800 --> 00:21:09,240 I don't think this is some crazy headline. 425 00:21:09,480 --> 00:21:11,640 OK, I just saw that it was like well like. 426 00:21:11,880 --> 00:21:15,080 This A lot of the ETFs are like, they're two different people who 427 00:21:15,080 --> 00:21:16,440 have bought them at the same time. 428 00:21:17,480 --> 00:21:20,560 And yeah, they've clearly decided that they're worth 429 00:21:20,600 --> 00:21:22,440 buying out. I got it. 430 00:21:22,480 --> 00:21:24,080 OK. And then I see already far and 431 00:21:24,080 --> 00:21:25,760 Audi in the in the studio. So I definitely want to talk to 432 00:21:25,760 --> 00:21:27,800 them about all this. But quickly let's make it, let's 433 00:21:27,800 --> 00:21:30,920 do a little market rundown on the NFT side of things because 434 00:21:30,920 --> 00:21:34,800 we saw some pretty significant sales yesterday with a shadow 435 00:21:34,800 --> 00:21:36,960 whale. I don't know who it is just yet 436 00:21:38,080 --> 00:21:41,160 or unless it's been put out put out there, but I don't think 437 00:21:41,160 --> 00:21:42,960 anybody's like kind of like figured out just yet. 438 00:21:42,960 --> 00:21:47,160 But a whale swept. It seems that a whale has swept 439 00:21:47,160 --> 00:21:57,360 about 1100 E worth of 1100 E worth of of crypto punks and 440 00:21:57,360 --> 00:21:59,600 also 19 Chromy squiggles. That was like right before the 441 00:21:59,600 --> 00:22:03,040 show, Fidenza's Ringers. But what's interesting? 442 00:22:03,040 --> 00:22:04,960 That's something that these pointed out last night on the 443 00:22:04,960 --> 00:22:06,600 night. Show because we brought it back. 444 00:22:06,600 --> 00:22:10,600 Let's go. But, but that person immediately 445 00:22:10,600 --> 00:22:14,640 went on to wrap them all the crypto punks, which could lead 446 00:22:14,640 --> 00:22:19,640 to think that they're either taking loans against them or 447 00:22:19,760 --> 00:22:21,880 maybe it's for a flooring protocol or something. 448 00:22:21,880 --> 00:22:24,520 I don't know. Could easily be, yeah. 449 00:22:24,520 --> 00:22:25,960 That that that thing. That's what people are 450 00:22:25,960 --> 00:22:30,320 speculating that this is. This is something related to a 451 00:22:30,320 --> 00:22:33,360 marketplace. Just because you don't normally 452 00:22:33,360 --> 00:22:35,320 wrap, if you're an OG, you're not really wrapping your crypto 453 00:22:35,320 --> 00:22:36,840 punks, right? The only they were, there were 454 00:22:36,840 --> 00:22:41,640 barely any wraps until blur started finally started 455 00:22:41,640 --> 00:22:43,680 happening. So it stays a bit more 456 00:22:43,680 --> 00:22:47,120 sophisticated. 1st sweep 16 squiggles, second sweep 11 457 00:22:47,120 --> 00:22:49,840 punks. Wallet has 248th left. 458 00:22:50,200 --> 00:22:53,200 I know 9059 was kind of reporting on on the matter as 459 00:22:53,200 --> 00:22:56,400 usual, but that's happening. And the other big thing 460 00:22:56,400 --> 00:22:59,320 happening right now like in in NFTS is the is the is the 461 00:22:59,320 --> 00:23:01,640 farmer, right. That's removed every single bid 462 00:23:01,920 --> 00:23:05,560 on make and bake and make and bake, wake and bake. 463 00:23:05,560 --> 00:23:08,680 And there's on MAYC and like BYC and Like. 464 00:23:08,680 --> 00:23:11,280 It seems like there's like a free fall happening right now on 465 00:23:11,280 --> 00:23:14,600 the on the board of Yacht Club floor with some pretty pretty 466 00:23:14,600 --> 00:23:17,120 low sales when it comes to like. You know, usually like for. 467 00:23:17,120 --> 00:23:20,080 Example like the black suit sold historically for so much money 468 00:23:20,080 --> 00:23:21,800 and now you're saying yourself like 40 some ETH. 469 00:23:21,800 --> 00:23:24,600 I mean what do you guys think Jenny, curious what you guys 470 00:23:24,600 --> 00:23:26,680 think here, like what do you, what do you think happens to 471 00:23:26,680 --> 00:23:29,400 board of Yacht Club here with every like there's a lot of 472 00:23:29,400 --> 00:23:30,840 people defaulting on loans at the moment. 473 00:23:31,000 --> 00:23:32,440 It's like really cascading effect. 474 00:23:33,360 --> 00:23:34,840 Could be a good spot to buy, maybe. 475 00:23:34,840 --> 00:23:36,280 I don't know. Like when you buy that full 476 00:23:36,280 --> 00:23:40,680 capitulation point, it's usually, which is a good point 477 00:23:40,680 --> 00:23:42,760 to buy, I don't know or not right now. 478 00:23:42,880 --> 00:23:44,680 Predictions. What are you in? 479 00:23:44,680 --> 00:23:48,080 Predictions I forget already. Predictions on what? 480 00:23:49,040 --> 00:23:50,920 On. On board Apes, I think we all 481 00:23:50,920 --> 00:23:53,440 predicted around 38th floor. So if you predict that, it's 482 00:23:53,440 --> 00:23:57,080 like a 50% game right now? Yeah, on apes and punks, yeah. 483 00:23:57,360 --> 00:24:01,600 I mean, I'm not a buyer of many NFTS at the moment, actually, 484 00:24:01,840 --> 00:24:03,920 who is going to love hearing that because the only NFTS I've 485 00:24:03,920 --> 00:24:05,160 been buying are really on Bitcoin. 486 00:24:05,280 --> 00:24:08,120 But. He's smiling in the studio. 487 00:24:08,520 --> 00:24:09,920 I see you. I'm ever. 488 00:24:10,200 --> 00:24:13,520 I see you, I see the studio, but it's. 489 00:24:13,880 --> 00:24:16,080 That's honestly, that's the only thing I've been buying like. 490 00:24:17,120 --> 00:24:21,440 That's a really good post by Whale yesterday. 491 00:24:21,840 --> 00:24:23,840 Whale dot schwoze Whatever, Whale dot mocha whatever. 492 00:24:25,960 --> 00:24:29,080 Which is about new, new projects as old projects, which is just 493 00:24:29,080 --> 00:24:34,360 so typical for a bull market is that all projects are, they're 494 00:24:34,360 --> 00:24:37,280 generally like there's not really one floor which is higher 495 00:24:37,280 --> 00:24:40,840 and yet all these new gaming style projects, if you go down, 496 00:24:40,840 --> 00:24:43,400 I think it's there. No, keep going. 497 00:24:44,680 --> 00:24:47,560 God, he's posting a lot. We all Hey, right. 498 00:24:47,560 --> 00:24:51,800 Keep going. We all postulated from this, 499 00:24:52,440 --> 00:24:53,280 yeah is. This it. 500 00:24:53,640 --> 00:24:57,320 Yeah, bring up the graphic. Bring up the graphic. 501 00:24:57,680 --> 00:25:01,080 All right, Here you go. Look at that like that's. 502 00:25:01,440 --> 00:25:03,200 So what we're looking at here, for those of you who are 503 00:25:03,200 --> 00:25:05,160 listening on the audio, it's Wally Swoosh. 504 00:25:05,480 --> 00:25:07,600 It's Wally Mocha. Now why is nobody talking about 505 00:25:07,600 --> 00:25:09,880 this is the small NFT bull market started three months ago. 506 00:25:09,880 --> 00:25:13,040 Many of the legacy Blue Chip NFTS have been a monk amongst 507 00:25:13,160 --> 00:25:15,240 the worst performing projects in the market. 508 00:25:16,000 --> 00:25:19,120 While many other projects have exploded, most OG projects feel 509 00:25:19,120 --> 00:25:21,600 like they are dead. They have either remained static 510 00:25:21,600 --> 00:25:23,240 or went down. Which by the way, I saw a post 511 00:25:23,240 --> 00:25:25,640 of them saying that clones and members now have gone for the 512 00:25:25,640 --> 00:25:30,520 first time on the 1 E and so in bull market the opportunity cost 513 00:25:30,520 --> 00:25:32,360 is high and it increasingly feels like the most of the 514 00:25:32,360 --> 00:25:33,840 former blue chip parts. I mean this is similar than 515 00:25:33,840 --> 00:25:35,640 coins, right? Like a lot of the legacy coins 516 00:25:35,640 --> 00:25:38,440 seem to like not be performing as well as like the new L1 like 517 00:25:38,440 --> 00:25:40,040 narratives like. You're you've been you. 518 00:25:40,040 --> 00:25:42,560 Were actually the one talking about up costs like 3 months ago 519 00:25:42,920 --> 00:25:46,840 and mentioning like new L ones, new things coming out, new L 520 00:25:46,840 --> 00:25:49,840 twos and like you know how a lot of legacy coins are not going to 521 00:25:49,840 --> 00:25:52,680 catch necessarily like the same pump is like the new narratives 522 00:25:52,680 --> 00:25:54,720 that are coming out obviously say what was one of the best 523 00:25:54,720 --> 00:25:58,920 examples and TI like a bunch of these that seem to have caught a 524 00:25:58,920 --> 00:26:00,000 bit. What do we think here guys? 525 00:26:00,560 --> 00:26:02,440 Are we? Are we ever going to see? 526 00:26:02,520 --> 00:26:04,840 See. Like when you look at the blue 527 00:26:04,840 --> 00:26:07,960 chip ones, right? You guys think we're ever going 528 00:26:07,960 --> 00:26:09,840 to see like nouns come back like that. 529 00:26:09,840 --> 00:26:11,480 Like noun bit was 6 ETH the other day. 530 00:26:11,480 --> 00:26:17,800 Are we ever going to see, let's say D gods, Moonbirds, clones 531 00:26:18,040 --> 00:26:21,480 like cat? Nouns is a special scenario 532 00:26:21,480 --> 00:26:23,720 because like the whole project was based around the the 533 00:26:23,720 --> 00:26:26,760 Treasury and the Treasuries clearly been diminished since 534 00:26:26,760 --> 00:26:29,440 that that began. So it's like it's it's kind of 535 00:26:29,440 --> 00:26:33,720 fucked up for the for the others which you know are brand 536 00:26:33,720 --> 00:26:37,240 building exercises. It's just it like this 537 00:26:37,240 --> 00:26:38,560 performance isn't terrible, right? 538 00:26:38,560 --> 00:26:40,040 Like ETA is up during that period. 539 00:26:40,280 --> 00:26:44,360 But it's more just that if you're playing the game of pump, 540 00:26:44,680 --> 00:26:47,800 like you're going to see new projects can just pump so much 541 00:26:47,800 --> 00:26:49,800 easier. Well, these were selling every 542 00:26:49,800 --> 00:26:52,840 day for Ade. Yeah. 543 00:26:54,280 --> 00:26:55,840 I did not know the state of that. 544 00:26:56,760 --> 00:26:59,200 Wow. But why did the taproot Wizards 545 00:26:59,200 --> 00:27:01,760 not buy this 10? Amir bought it. 546 00:27:02,480 --> 00:27:05,160 We got to talk to Amir. We got to talk to Amir. 547 00:27:05,240 --> 00:27:07,480 OK? This is like this is literally a 548 00:27:07,480 --> 00:27:10,800 taproot wizard noun, OK? OK well I look I don't know 549 00:27:10,800 --> 00:27:14,440 what's going on that front but it's it's very worrisome but but 550 00:27:14,440 --> 00:27:16,800 basically just quick tail deer and let's get to our special 551 00:27:16,800 --> 00:27:19,240 guest today looks like Ethan FT still bleeding. 552 00:27:19,240 --> 00:27:21,520 Really the biggest gainer yesterday was crypto punks in my 553 00:27:21,520 --> 00:27:23,200 opinion. Usually a very good like signal. 554 00:27:23,680 --> 00:27:25,800 From what I've seen in the past, like when crypto punk seemed to 555 00:27:25,800 --> 00:27:29,280 catch a large bid, a lot of the legacy ETH NF TS like seems to 556 00:27:29,280 --> 00:27:30,640 catch. Like the ecosystem seems to 557 00:27:30,640 --> 00:27:31,880 catch a bid. Doesn't mean it's going to 558 00:27:31,880 --> 00:27:34,320 happen this time around because this seems to be a special buyer 559 00:27:34,320 --> 00:27:37,400 that has like a goal in mind. So let's see what happens there. 560 00:27:37,400 --> 00:27:41,960 But it's a significant sale. 10% floor rise on crypto punks is 561 00:27:41,960 --> 00:27:43,840 huge, right? Which puts them. 562 00:27:43,840 --> 00:27:46,000 Now let me tell you all what we're. 563 00:27:46,000 --> 00:27:47,280 Looking at on. Crypto punk you can. 564 00:27:47,360 --> 00:27:49,000 Do on degens, dude, you can do it Degens. 565 00:27:49,120 --> 00:27:50,560 Floor price like E on dollar per. 566 00:27:50,560 --> 00:27:52,000 Term, sorry, I'm talking. Dollar, that's the point. 567 00:27:52,000 --> 00:27:53,680 But if you go into degens, they have it. 568 00:27:54,440 --> 00:27:57,440 This is a floor punk here. Clown noise. 569 00:27:57,840 --> 00:28:00,240 Wow, that's a good floor, punk. That is not a floor punk. 570 00:28:00,520 --> 00:28:02,120 Even the one after it is a good one as well. 571 00:28:02,160 --> 00:28:04,600 These are not floors. That's crazy that. 572 00:28:04,880 --> 00:28:07,160 To be honest, those bottom three are all good punks. 573 00:28:07,200 --> 00:28:09,000 This is getting this is getting scooped up. 574 00:28:09,120 --> 00:28:12,960 By the time the show's done this one, I wouldn't be surprised, 575 00:28:12,960 --> 00:28:15,360 but it is $160,000. So, so let's see. 576 00:28:15,640 --> 00:28:17,800 I wouldn't be surprised that, you know, that's actually pretty 577 00:28:17,800 --> 00:28:22,400 crazy to see her on the on the floor here and then. 578 00:28:22,760 --> 00:28:26,080 If you go to all there, if you click all it has it in dollars 579 00:28:26,080 --> 00:28:27,520 as well, so like. I'm sorry about that. 580 00:28:27,520 --> 00:28:28,480 I didn't even see the dollar for. 581 00:28:28,480 --> 00:28:32,360 It's 800 and 5700 and. 60K on on these pudgy Penguins holding 582 00:28:32,360 --> 00:28:34,800 pretty strong whatnot. The big news yesterday on on on 583 00:28:34,800 --> 00:28:39,360 NFTS was really the shadow hats from from From the Shadow. 584 00:28:39,760 --> 00:28:44,400 Yeah. From the Come on Man, Bear, 585 00:28:44,400 --> 00:28:48,720 Snake and Daughter and and Elf, Help Me Please Name of their 586 00:28:48,720 --> 00:28:50,600 project. Ruins. 587 00:28:50,840 --> 00:28:52,160 Ruins forgotten. Ruin ways. 588 00:28:52,200 --> 00:28:53,880 I'm so sorry. They were on the stage with us 589 00:28:53,880 --> 00:28:55,320 last night. You can tell It's Friday, My 590 00:28:55,320 --> 00:28:57,040 British ride. But they were on with us last 591 00:28:57,040 --> 00:28:57,880 night. They. 592 00:28:57,880 --> 00:29:02,240 Sold $5.55 million worth in Bitcoin of course. 593 00:29:02,280 --> 00:29:07,160 Of of of ordinals in one go. Sold out at a .2 Bitcoin price 594 00:29:07,160 --> 00:29:09,400 point. Note, monkeys seem to have 595 00:29:09,400 --> 00:29:11,440 bounced off their lows a little bit here. 596 00:29:11,960 --> 00:29:14,560 The golden ratio actually flipped every single art blocks. 597 00:29:14,560 --> 00:29:17,080 That was the big headline in terms of NFTS that dropped in 598 00:29:17,080 --> 00:29:18,720 2023. I don't think it's a good 599 00:29:18,720 --> 00:29:20,200 comparison. I don't even think it's a good 600 00:29:20,200 --> 00:29:21,960 headline for what it's worth, but just, you know, that was 601 00:29:21,960 --> 00:29:24,480 kind of like what was, what was written about. 602 00:29:24,480 --> 00:29:26,160 But hey, there's a narrative there. 603 00:29:26,440 --> 00:29:27,960 And I personally, I think the art is great. 604 00:29:27,960 --> 00:29:29,920 Don't have one yet, but I do think they're great. 605 00:29:30,920 --> 00:29:33,240 And then of course I used. To have like, you know, the 606 00:29:33,240 --> 00:29:37,400 puppets at the top here with Node monkeys and just a bunch of 607 00:29:37,400 --> 00:29:40,120 stuff happening. Ordinal maxi biz of course, like 608 00:29:40,120 --> 00:29:41,720 still like above. The point for Bitcoin. 609 00:29:42,320 --> 00:29:44,840 And a bunch of self steyr. If anything what you know Sobie 610 00:29:44,840 --> 00:29:47,360 was saying what Digas did best last year was really launching 611 00:29:47,360 --> 00:29:50,360 on Bitcoin in one block and so it seems to have worked out 612 00:29:50,360 --> 00:29:53,400 pretty well as there's like a rise on that front there but 613 00:29:53,400 --> 00:29:55,760 that's about it there. So the big news really yesterday 614 00:29:55,760 --> 00:29:58,520 was like and I'm going to bring up a special guest up on stage 615 00:29:58,520 --> 00:30:02,560 here OX Far and and Udi Wertheimer of of Tappered 616 00:30:02,560 --> 00:30:07,480 Wizards but it was all. These teases about the quantum 617 00:30:07,480 --> 00:30:13,200 cats, so welcome to the stage, Udi Wertheimer, Tapper, Werzen, 618 00:30:13,200 --> 00:30:17,000 OX4I mean the legend, you know, that is drawing every single 619 00:30:17,000 --> 00:30:20,080 taproot wizard that you guys are seeing here. 620 00:30:20,080 --> 00:30:22,680 So I'm going to start this, you know, before even hitting the 621 00:30:22,680 --> 00:30:26,680 GMs with one question far Where is my honorary taproot wizard? 622 00:30:26,680 --> 00:30:28,480 You. Didn't get it yet. 623 00:30:30,680 --> 00:30:31,560 You didn't get it? What? 624 00:30:31,840 --> 00:30:34,920 You did? Check your wallet for. 625 00:30:35,120 --> 00:30:35,920 Check your wallet. Check your. 626 00:30:35,920 --> 00:30:37,640 Wallet, man. I thought it was there. 627 00:30:38,120 --> 00:30:41,920 We spoke a year ago about it. If I if I if I have gotten it, 628 00:30:42,080 --> 00:30:43,960 it would have been my PFP already. 629 00:30:44,120 --> 00:30:46,440 OK, so, so definitely didn't get enough. 630 00:30:46,680 --> 00:30:48,280 All jokes aside, guys, good morning. 631 00:30:49,800 --> 00:30:51,400 Glad to see you guys back. Of course. 632 00:30:51,400 --> 00:30:54,160 I mean, if you're familiar with the FOMO, our Gem FT Gem Web 633 00:30:54,160 --> 00:30:56,560 free show. I mean, Udi's been coming on for 634 00:30:56,560 --> 00:30:59,040 a minute now and it looks like this week has been pretty big 635 00:30:59,040 --> 00:31:01,320 for y'all, starting with teasers starting Monday, Tuesday, and 636 00:31:01,320 --> 00:31:02,800 then you guys had news come out yesterday. 637 00:31:03,080 --> 00:31:05,400 I don't know if your news came out today yet or it's coming out 638 00:31:05,400 --> 00:31:05,760 later. It's. 639 00:31:05,760 --> 00:31:07,800 Just a lot. Going on the in the crypto space 640 00:31:07,800 --> 00:31:12,240 in general, but it's been crazy. I mean, Udi, good morning, GM. 641 00:31:12,280 --> 00:31:14,960 You know, how you doing and why don't you give us the TLDR of 642 00:31:14,960 --> 00:31:16,640 what's going on in the world of Tappered? 643 00:31:16,640 --> 00:31:19,520 Wizards this week, 'cause I feel like there's been, you guys are 644 00:31:19,520 --> 00:31:22,640 making a lot of noise right now. I mean a lot of since since you 645 00:31:22,640 --> 00:31:26,960 came out, for what it's worth. Since you came out, yeah. 646 00:31:28,680 --> 00:31:30,080 Yeah. A lot of noise, Amanda. 647 00:31:32,600 --> 00:31:37,760 I think, I think I think the the most important thing is is is is 648 00:31:37,760 --> 00:31:40,640 for was to to remember that we're here to save the cats. 649 00:31:40,640 --> 00:31:46,200 You know that's that's the most important thing and and look we 650 00:31:46,200 --> 00:31:49,440 we we did have a very exciting week Yeah. 651 00:31:49,440 --> 00:31:51,280 I mean, we announced quantum cats. 652 00:31:51,400 --> 00:31:56,880 It's look, I love cats. I like that, you guys. 653 00:31:57,200 --> 00:32:01,680 I like looking looking at them, not like any dietary thing, just 654 00:32:01,680 --> 00:32:04,760 just looking at petting them. But like quantum cats are a 655 00:32:04,760 --> 00:32:10,680 collection of 3333 ordinals. And unlike a lot of other 656 00:32:10,680 --> 00:32:15,040 ordinals I've seen before, the idea here is to celebrate opcat, 657 00:32:15,640 --> 00:32:18,480 which you might ask yourself, what is an opcat? 658 00:32:19,240 --> 00:32:24,120 But OPCAD is a is a bit is an ancient Bitcoin op code that 659 00:32:24,120 --> 00:32:27,680 actually Satoshi created back in 22,000 and nine. 660 00:32:28,000 --> 00:32:31,120 So in the first release in Bitcoin they had Opcad inside 661 00:32:31,400 --> 00:32:34,600 and they removed like Satoshi removed it after a year because 662 00:32:34,600 --> 00:32:37,760 he thought it was too powerful. But the really cool thing about 663 00:32:37,760 --> 00:32:42,120 it is that it enables layer two solutions on Bitcoin and smart 664 00:32:42,120 --> 00:32:43,880 contracts and that shows really cool stuff. 665 00:32:44,400 --> 00:32:47,040 And since it was removed in 2010, a lot of Bitcoin 666 00:32:47,040 --> 00:32:49,680 developers are like thinking, well, what if we could, you 667 00:32:49,680 --> 00:32:52,880 know, bring it back? And I think our goal with this 668 00:32:52,880 --> 00:32:56,240 is to kind of celebrate OPCAT and honor those developers who 669 00:32:56,240 --> 00:32:59,560 are working on bringing it back and turn this into a mission of 670 00:32:59,560 --> 00:33:02,760 maybe just making Bitcoin more magical than it already is. 671 00:33:03,920 --> 00:33:07,520 The other really cool thing that we are announcing today is we we 672 00:33:07,520 --> 00:33:12,880 are, you know, really honored to be selected by Sotheby's to to 673 00:33:12,880 --> 00:33:17,080 lead their first ornal curated sale. 674 00:33:18,280 --> 00:33:21,360 It's like a it's an absolutely amazing piece by far. 675 00:33:21,360 --> 00:33:22,480 You should tell us more about it. 676 00:33:22,480 --> 00:33:26,240 It's called the Genesis Cat and it's it's auction right now. 677 00:33:26,240 --> 00:33:29,600 Yeah, you can see it on screen. So so let's let's, let's pull 678 00:33:29,600 --> 00:33:31,880 the curtain back, right. So you guys, you guys obviously 679 00:33:31,880 --> 00:33:34,360 like at this stage a lot of people that are that aren't here 680 00:33:34,360 --> 00:33:36,200 but even like if you're newcomer like you're probably. 681 00:33:36,200 --> 00:33:38,680 Familiar with, Like what's going on with the ordinals or the? 682 00:33:38,680 --> 00:33:42,800 Ordinals and and and you guys have been, you know, really, 683 00:33:42,800 --> 00:33:45,600 really pushing that narrative. And actually the whole thing for 684 00:33:45,600 --> 00:33:47,440 a minute. So I want to get into the 685 00:33:47,440 --> 00:33:49,720 details of the opcat and like what that means and like for 686 00:33:49,720 --> 00:33:52,040 smart contracts on Bitcoin and whatnot, like for you to explain 687 00:33:52,040 --> 00:33:54,920 but far let's go to you first. I mean, you know Michael Buhan 688 00:33:54,920 --> 00:33:58,000 is a friend of ours, all of us on the show here OV has had 689 00:33:58,000 --> 00:33:59,960 multiple, you know, sales on Sol, the Bees as well on the 690 00:33:59,960 --> 00:34:01,760 East Side. And it seems like, you know 691 00:34:01,760 --> 00:34:04,360 today was the big announcement for Sol the Bees that they have 692 00:34:04,360 --> 00:34:06,840 a, they have a sale happening for ordinals. 693 00:34:06,840 --> 00:34:09,360 I saw like the shout out to Asprey, our friend Alistair over 694 00:34:09,360 --> 00:34:11,239 there. They have an egg sell in there, 695 00:34:11,239 --> 00:34:12,880 I think one of the only 10 golden eggs. 696 00:34:13,760 --> 00:34:16,239 And then now you guys have this, the the quantum Canon. 697 00:34:16,239 --> 00:34:19,760 First of all for congratulations because it must feel really cool 698 00:34:19,760 --> 00:34:22,480 as an artist to have your art, you know, over there. 699 00:34:22,480 --> 00:34:25,080 And why don't you tell us more about, you know, the the quantum 700 00:34:25,080 --> 00:34:27,159 cats of what this cat represents here at Sotheby's. 701 00:34:28,520 --> 00:34:31,440 Yeah, thank you. Well, I, Michael, Michael and I, 702 00:34:31,440 --> 00:34:33,199 we have been talking for a real long time. 703 00:34:33,239 --> 00:34:37,040 He has been on top of our Dinos since very early. 704 00:34:37,120 --> 00:34:42,440 So we we have been working on this like for two or three 705 00:34:42,440 --> 00:34:46,239 months like a train to get like a cool group of pieces or 706 00:34:46,239 --> 00:34:52,360 ordinals and and yeah, and then this came out the the, the 707 00:34:52,360 --> 00:34:55,600 quantum cats. So it has been I think like a 708 00:34:55,679 --> 00:34:59,840 three or three or four months thinking about cats, knowing 709 00:34:59,840 --> 00:35:02,640 what the hell yeah. So if you go, actually, if you 710 00:35:02,640 --> 00:35:05,840 go to the Quantum cats website, you can see, I mean this is a 711 00:35:05,840 --> 00:35:07,480 cool experience to to have like a. 712 00:35:07,520 --> 00:35:11,800 You go and see all the cats. I mean, honestly, again, even, 713 00:35:11,880 --> 00:35:14,960 you know, I have been looking at these guys for like for three 714 00:35:14,960 --> 00:35:18,120 months trying to make you know, reassemble like cats. 715 00:35:18,760 --> 00:35:21,160 Actually if you go to the collection site, you can see all 716 00:35:21,160 --> 00:35:23,600 of them there because it's kind of interesting. 717 00:35:24,400 --> 00:35:31,280 So yeah, so they are all like weird and I don't know what I 718 00:35:31,280 --> 00:35:35,280 have created here to be honest. Like I was looking at them this 719 00:35:35,280 --> 00:35:37,520 morning. I'm like a these guys are like 720 00:35:38,200 --> 00:35:41,280 staring at you like it's so weird but it's it's cool. 721 00:35:41,520 --> 00:35:44,520 And then for the for the quantum for the Genesis Cup. 722 00:35:46,600 --> 00:35:51,480 Well we have this joke that we started with the with Gordon 723 00:35:51,920 --> 00:35:54,200 Garner when we when we make his wizard. 724 00:35:54,520 --> 00:35:57,320 Like it was all covered with bubbles because Gordon was the 725 00:35:58,000 --> 00:36:02,400 was struggling to take a shower. And then we just made the joke 726 00:36:02,520 --> 00:36:05,280 about all the bubbles. And then you know, when we're 727 00:36:05,280 --> 00:36:07,760 making the cats, I'm like all of a sudden I was like let me try 728 00:36:07,760 --> 00:36:11,360 this, do a bubble cap. It felt like a cool idea. 729 00:36:11,880 --> 00:36:14,080 And then this is. I was like wow this is pretty 730 00:36:14,080 --> 00:36:16,880 cool. And and yeah, for some reason we 731 00:36:16,880 --> 00:36:19,920 need to do something special. So I was like a let's make like 732 00:36:20,000 --> 00:36:23,640 a huge bubble cap and then put a lot of cats inside the bubbles. 733 00:36:25,200 --> 00:36:26,280 As simple as that. You know. 734 00:36:26,280 --> 00:36:28,600 So it's kind of like the shower Gordon. 735 00:36:29,160 --> 00:36:32,040 The cats. And yeah. 736 00:36:32,040 --> 00:36:34,160 So it's a cat in the space. We just like a, you know you 737 00:36:34,160 --> 00:36:37,360 remember the meme of the cats in the space and you know. 738 00:36:38,040 --> 00:36:40,000 So I think this is what we created another meme. 739 00:36:41,600 --> 00:36:42,720 I hope. Yeah, I think so. 740 00:36:42,920 --> 00:36:44,200 You know, this is like a memetics. 741 00:36:44,800 --> 00:36:47,240 This is what it is. It's a, it's a it's a meme. 742 00:36:48,200 --> 00:36:49,800 So yeah, he's cool. I think, you know, Tapper 743 00:36:49,840 --> 00:36:52,560 Wizards is a lot about the history of Bitcoin. 744 00:36:52,840 --> 00:36:55,000 Yeah. And and Quantum captures about 745 00:36:55,000 --> 00:36:57,960 the future of Bitcoin. That's the lore. 746 00:36:58,200 --> 00:37:00,840 Interesting. I mean, no, this is true. 747 00:37:00,840 --> 00:37:02,160 I mean I I love that and it's true. 748 00:37:02,160 --> 00:37:04,280 I mean I kind of want then let's let's talk about that, right. 749 00:37:04,320 --> 00:37:06,480 Because Udi, that what I find the most interesting here. 750 00:37:06,480 --> 00:37:08,600 And of course, like the art, I think it's cute, it's funny, 751 00:37:08,600 --> 00:37:10,720 it's funky, it's really like it's very in tappet wizard 752 00:37:10,720 --> 00:37:11,760 fashion. Right like you guys. 753 00:37:12,160 --> 00:37:13,800 I've had that like it's like it's, you can tell. 754 00:37:13,800 --> 00:37:16,120 It's like you guys have kind of like your own style, but here, 755 00:37:16,120 --> 00:37:17,480 like it says, you know? What? 756 00:37:17,960 --> 00:37:20,640 Many blocks ago in 2010, Satoshi's beloved pet and 757 00:37:20,640 --> 00:37:23,320 scripting function OP under score cat had grown too 758 00:37:23,320 --> 00:37:25,760 powerful. As it males and purrs grew 759 00:37:25,760 --> 00:37:29,040 louder, Opcat Opcat's strength threatened the very fabric of 760 00:37:29,040 --> 00:37:31,720 Bitcoin itself. Satoshi was left with no choice 761 00:37:31,720 --> 00:37:33,320 but to say goodbye to his furry friend. 762 00:37:33,520 --> 00:37:36,240 On August 15th, 2010, OPCAT was put down for good. 763 00:37:36,280 --> 00:37:39,080 Or so we thought. So can you kind of like Udi? 764 00:37:39,560 --> 00:37:42,120 Because this is actually pretty big Bitcoin lore here. 765 00:37:42,720 --> 00:37:45,240 What was opcat? Can you explain this for people 766 00:37:45,240 --> 00:37:48,080 that may not be technically like like, even me like? 767 00:37:48,320 --> 00:37:49,960 You know it's. What opcat is because this is 768 00:37:50,280 --> 00:37:54,000 actually kind of a big deal. Yeah, so opcat has a really, 769 00:37:54,000 --> 00:37:56,400 really interesting story. When when Satoshi created 770 00:37:56,400 --> 00:37:58,760 Bitcoin, he created all of these opcodes where, which are 771 00:37:58,760 --> 00:38:01,920 basically scripting functions that you can use when you write 772 00:38:01,920 --> 00:38:04,720 Bitcoin scripts. And it had a lot of those, you 773 00:38:04,720 --> 00:38:09,560 know, an op code to add and multiply numbers, an op code to 774 00:38:10,200 --> 00:38:14,960 to check signatures, and there's an op code to to concatenate 775 00:38:14,960 --> 00:38:17,960 strings. That's in nerd speak, that means 776 00:38:17,960 --> 00:38:19,760 you take two strings and you put them together. 777 00:38:20,080 --> 00:38:22,280 And he called it opcat because of that. 778 00:38:22,280 --> 00:38:24,880 It had nothing to do with the the pit. 779 00:38:25,160 --> 00:38:29,640 But it it turns out that seems like very, you know, basic and 780 00:38:29,640 --> 00:38:30,880 not necessarily very interesting. 781 00:38:30,880 --> 00:38:35,160 But it turns out that using like clever cryptography tricks, you 782 00:38:35,160 --> 00:38:37,200 can take that very simple basic function. 783 00:38:37,200 --> 00:38:38,920 It just takes two strings and put them together. 784 00:38:39,160 --> 00:38:43,240 You can take that and create really, really complex and 785 00:38:43,240 --> 00:38:47,720 advanced smart contracts, what we call in Bitcoin covenants 786 00:38:47,720 --> 00:38:52,800 that that enable bitcoins to be used in a very specific way and 787 00:38:52,800 --> 00:38:58,200 even bridging to other chains. So it it ended up being disabled 788 00:38:58,200 --> 00:39:02,200 because you know, it's we don't know exactly why, but it might 789 00:39:02,200 --> 00:39:04,200 have been that Satoshi thought it was too powerful. 790 00:39:04,280 --> 00:39:07,520 It's also possible that there were some bugs in the early 791 00:39:07,520 --> 00:39:10,200 implementation. But the really cool thing is 792 00:39:10,200 --> 00:39:12,480 that over the years, a lot of Bitcoin developers were like, 793 00:39:12,480 --> 00:39:16,000 hey, you know what we could use If we still had op Cal? 794 00:39:16,000 --> 00:39:18,920 We could use it for like really, really neat applications. 795 00:39:19,520 --> 00:39:24,240 And so a bunch of Bitcoin devs, very respected, have been 796 00:39:24,240 --> 00:39:29,480 working on essentially bringing it back, fixing all the bugs 797 00:39:29,480 --> 00:39:31,880 that were there in the beginning and bringing it back. 798 00:39:32,440 --> 00:39:37,040 And I think if that happens, I think that could bring Bitcoin 799 00:39:37,040 --> 00:39:40,520 to basically the next level. Better scaling solutions, much 800 00:39:40,520 --> 00:39:42,400 more capability and frictionality than we have now, 801 00:39:42,600 --> 00:39:45,160 more bridges to other chains. I think it will change the game. 802 00:39:46,280 --> 00:39:49,040 And what's really interesting is that it's a very, very simple 803 00:39:49,040 --> 00:39:51,200 change because it was already in Bitcoin. 804 00:39:51,320 --> 00:39:53,600 We're talking about like 10. It's invented by Satoshi 805 00:39:53,600 --> 00:39:55,520 himself, right? Yeah, yeah. 806 00:39:55,560 --> 00:39:58,120 It's very, very basic. It's so it can be done fairly 807 00:39:58,120 --> 00:40:00,880 simply and it's just a matter of whether or not the community 808 00:40:00,880 --> 00:40:03,120 wants to do it. So we thought that with quantum 809 00:40:03,120 --> 00:40:06,200 cats we can kind of shed some light on the development. 810 00:40:06,200 --> 00:40:09,240 Instead of it being just, you know, 3-4 developers working on 811 00:40:09,240 --> 00:40:12,200 it in their basements, we wanted to kind of put it in front of 812 00:40:12,200 --> 00:40:16,480 people and and let the community decide if they wanted to be part 813 00:40:16,480 --> 00:40:19,640 of this coin story or not. So are you you mentioned? 814 00:40:19,640 --> 00:40:22,920 Something this is, this is in like very simple terms, this is 815 00:40:22,920 --> 00:40:26,280 something that allows that enables smart contracts on 816 00:40:26,280 --> 00:40:30,680 Bitcoin and therefore you're using ordinals, NFTS, whatever 817 00:40:30,680 --> 00:40:33,040 you want people want to call them to scale the Bitcoin 818 00:40:33,040 --> 00:40:36,320 blockchain. Well, yeah, I mean, OPCAT itself 819 00:40:36,360 --> 00:40:39,720 would allow some types of smart contracts, would allow some 820 00:40:39,720 --> 00:40:42,280 types of decentralized exchanges, would allow some 821 00:40:42,280 --> 00:40:44,120 types of bridges to other chains. 822 00:40:44,440 --> 00:40:45,840 Yeah, that's what it would allow. 823 00:40:46,080 --> 00:40:49,720 The orals are used for us as a way to basically celebrate this 824 00:40:49,720 --> 00:40:52,040 process and help people express their support. 825 00:40:52,040 --> 00:40:55,280 Like if you, you know, if you're a big believer in opcat, you 826 00:40:55,280 --> 00:40:58,280 want to see it, maybe you will want to like wear an opcat to 827 00:40:58,280 --> 00:40:59,920 signal that you're a supporter of this. 828 00:41:00,880 --> 00:41:03,920 But at the end of the day, you know, it is not up to us. 829 00:41:03,920 --> 00:41:05,840 We're we're just trying to support this process. 830 00:41:05,840 --> 00:41:08,040 I think that it's really important that more people know 831 00:41:08,040 --> 00:41:10,120 about it so that we can make it happen. 832 00:41:10,280 --> 00:41:12,240 How's this been received UDI? I haven't had time really to 833 00:41:12,240 --> 00:41:13,880 like check in on the laser eyes either. 834 00:41:13,880 --> 00:41:15,640 But it's also been ETF week as well. 835 00:41:15,640 --> 00:41:18,720 Like it's also like Bitcoin has had other things to kind of like 836 00:41:18,760 --> 00:41:21,000 there's been a lot of other chatter around Bitcoin and stuff 837 00:41:21,000 --> 00:41:24,120 like how's this part of of of what you keep doing? 838 00:41:24,120 --> 00:41:25,680 You've been. I know some of the past stuff 839 00:41:25,680 --> 00:41:27,600 has not been well received. So we've been, you know, we've 840 00:41:27,600 --> 00:41:30,760 been teasing this all all week. We haven't said a word about 841 00:41:30,760 --> 00:41:33,800 OPCAD until now. So we're going to see what 842 00:41:33,800 --> 00:41:36,680 people say, we're going to see what people think after this 843 00:41:36,680 --> 00:41:39,560 show, I think. But you know one of the 844 00:41:39,560 --> 00:41:42,240 interesting things is I've seen a lot of interest from kind of 845 00:41:42,240 --> 00:41:46,480 all sides in in Bitcoin that people are interested in 846 00:41:46,480 --> 00:41:51,160 bringing one sort of Covenant Soft 4 core another and OPCAD I 847 00:41:51,160 --> 00:41:53,200 think has a good chance of being that one. 848 00:41:53,440 --> 00:41:57,760 So but you know in in the end of the day we're the only thing 849 00:41:57,760 --> 00:42:00,680 we're trying to do here here is is raise awareness for this and 850 00:42:00,680 --> 00:42:03,360 put this in front of people's eyes so that they can decide if 851 00:42:03,360 --> 00:42:04,440 they want to support this or not. 852 00:42:05,800 --> 00:42:08,680 Wow, that's that's interesting. I'm curious to see what happens 853 00:42:08,680 --> 00:42:11,200 there and I guess what they're going to think. 854 00:42:11,720 --> 00:42:13,920 If you're telling me they're just a lot of people are finding 855 00:42:13,920 --> 00:42:15,440 out for the first time that bitcoin's about. 856 00:42:15,440 --> 00:42:18,960 Yeah, so one of the cool things is how people found out, right? 857 00:42:18,960 --> 00:42:21,840 So we've been teasing this throughout the week and the way 858 00:42:21,840 --> 00:42:25,160 we've been teasing it, we've we've inscribed those cats a 859 00:42:25,160 --> 00:42:27,640 while ago and we've been working on them for many months, but 860 00:42:27,640 --> 00:42:29,240 we've inscribed them a little while ago. 861 00:42:30,040 --> 00:42:33,320 But they're using a new technique that we created that's 862 00:42:33,320 --> 00:42:37,520 called evolving Inscriptions. And what that means is the 863 00:42:37,520 --> 00:42:41,240 inscriptions can change over time, and those cats have 864 00:42:41,240 --> 00:42:42,520 changed. So we started them with the 865 00:42:42,520 --> 00:42:44,520 teaser that just said Type of Wizards Presents. 866 00:42:44,720 --> 00:42:47,880 Yesterday we revealed that their name is Quantum Cats, and today 867 00:42:47,880 --> 00:42:49,840 we revealed the artwork for the entire collection. 868 00:42:50,040 --> 00:42:52,840 But they're going to continue to evolve over time. 869 00:42:53,560 --> 00:42:55,760 And what's really interesting about the way that it works, 870 00:42:56,520 --> 00:43:00,480 this isn't us like, you know, releasing a new season of 871 00:43:00,480 --> 00:43:03,440 quantum cats every once in a while we just redo the the art 872 00:43:03,640 --> 00:43:05,960 we've already made. All of the art, all of the art 873 00:43:05,960 --> 00:43:07,960 is on chain and it's just going to be reviewed. 874 00:43:07,960 --> 00:43:09,920 It's currently encrypted. It's going to be revealed over 875 00:43:09,920 --> 00:43:12,000 time. So we cannot, we don't have 876 00:43:12,000 --> 00:43:15,440 control over it anymore, but also it's going to be revealed 877 00:43:15,440 --> 00:43:17,760 progressively. So that's dynamic. 878 00:43:17,760 --> 00:43:20,960 They're really interested to see how people respond to. 879 00:43:21,280 --> 00:43:23,680 The other aspect of the story, maybe this is a bit weird. 880 00:43:23,680 --> 00:43:26,760 Is that like, there's clearly another cat thing going on here 881 00:43:26,960 --> 00:43:31,560 and I don't the this Luke guy? Like I thought this was just a 882 00:43:31,560 --> 00:43:37,080 meme, but then I looked into it and he it is right that he 883 00:43:37,080 --> 00:43:39,640 actually proposes that people should be eating cats, right? 884 00:43:39,640 --> 00:43:41,480 Like this is the main criticism a. 885 00:43:41,880 --> 00:43:43,200 Meme, right? This is I just. 886 00:43:43,440 --> 00:43:45,200 I just thought like that was just like something that like 887 00:43:45,200 --> 00:43:46,680 was a joke. And then I actually looked that 888 00:43:46,680 --> 00:43:49,440 this was a true story. So like, what is going on here? 889 00:43:51,120 --> 00:43:52,640 Look for the record. You brought it up. 890 00:43:53,480 --> 00:43:55,280 I didn't bring this up. There is. 891 00:43:55,280 --> 00:43:57,120 Bring it. Up every day for the last. 892 00:43:57,960 --> 00:44:00,240 Three years there is. It's. 893 00:44:00,600 --> 00:44:04,120 Totally nice, he brought it up. Yeah, yeah, yeah, totally. 894 00:44:04,200 --> 00:44:08,000 Was your idea to bring this up. I I think, yeah, there is a 895 00:44:08,000 --> 00:44:10,840 Bitcoin core developer. His name is Luke. 896 00:44:10,920 --> 00:44:14,760 He's been very vocal against ordinals in general and against 897 00:44:14,760 --> 00:44:16,640 cats specifically. For some reason, he thinks 898 00:44:16,920 --> 00:44:19,720 people should eat cats. I I wish this was a joke. 899 00:44:19,720 --> 00:44:20,720 It's not. That's what he said. 900 00:44:21,720 --> 00:44:23,240 Like I I've been looking into it. 901 00:44:23,760 --> 00:44:24,920 Look as soon as you could all dude. 902 00:44:24,960 --> 00:44:26,920 There's Didn't he put it right? Thing right. 903 00:44:26,920 --> 00:44:29,680 He thinks that we should be eating sustainable forms of meat 904 00:44:29,800 --> 00:44:32,880 and and cats are a sustainable form of meat, no? 905 00:44:33,200 --> 00:44:34,040 Yeah. Yeah, OK. 906 00:44:34,080 --> 00:44:35,200 I don't. I don't know. 907 00:44:35,200 --> 00:44:36,400 I don't know what's wrong with him. 908 00:44:38,200 --> 00:44:40,480 I think for us. For us, we, we. 909 00:44:40,640 --> 00:44:44,200 We think cats deserve better, and that's kind of what quantum 910 00:44:44,200 --> 00:44:46,240 cats are about. We think they deserve more than 911 00:44:46,240 --> 00:44:48,600 being on the plate of some Bitcoin Max. 912 00:44:48,680 --> 00:44:51,400 Specify like which kind of cat like because Persian cats right? 913 00:44:52,360 --> 00:44:56,080 Oh man. Did he like? 914 00:44:56,120 --> 00:44:58,320 I just want to know. Very funny, I. 915 00:44:59,960 --> 00:45:00,960 Got to run? Harsh. 916 00:45:00,960 --> 00:45:04,040 Reality is that economic times are so bad in the United States 917 00:45:04,040 --> 00:45:06,320 that many people are looking for alternative meat sources in 918 00:45:06,320 --> 00:45:09,760 order to feed their families. The stigma of eating cats is 919 00:45:09,760 --> 00:45:12,360 getting in the way of America's nutritional goals. 920 00:45:12,360 --> 00:45:14,000 Send. Me, this is this something he 921 00:45:14,080 --> 00:45:15,960 quoted. I don't even know. 922 00:45:15,960 --> 00:45:17,160 I don't know what I'm really here but. 923 00:45:18,920 --> 00:45:20,440 He's just. Googling about. 924 00:45:20,920 --> 00:45:23,280 Yeah, there's a few articles been written written about this. 925 00:45:23,600 --> 00:45:27,400 Well, this one, this show went quite sideways, so Udi let. 926 00:45:27,400 --> 00:45:29,200 Me ask you? So you've got you've. 927 00:45:29,480 --> 00:45:31,240 Yeah, I know, right? Everybody in the audience. 928 00:45:31,240 --> 00:45:33,600 Like you know what is going on on this show, but listen. 929 00:45:33,800 --> 00:45:36,360 You guys, you guys got this going on with the with the 930 00:45:36,360 --> 00:45:37,920 quantum cats. So I guess the question 931 00:45:37,920 --> 00:45:39,640 everybody's asking is when and how? 932 00:45:40,400 --> 00:45:43,000 Yep, Yep. Well Quantum Cat is on the stage 933 00:45:43,000 --> 00:45:45,760 in the tourist place right now. I strongly recommend following 934 00:45:45,760 --> 00:45:47,880 it and probably turning on notifications. 935 00:45:48,120 --> 00:45:51,560 The sale for Quantum Cats is going to happen this month, so 936 00:45:51,800 --> 00:45:53,840 you know, people have been joking about separate Wizards 937 00:45:53,840 --> 00:45:57,640 taking their time. This one will happen soon and 938 00:45:57,640 --> 00:46:00,840 the details on that will be will be posted in the next few days. 939 00:46:00,840 --> 00:46:05,120 So yeah, definitely follow that. Yeah, OK, that's that's super 940 00:46:05,120 --> 00:46:05,520 cool. I love. 941 00:46:05,520 --> 00:46:08,360 That and I guess like. Question for you for. 942 00:46:08,480 --> 00:46:10,840 I mean this is open all questions open-ended like either 943 00:46:10,840 --> 00:46:13,160 of you can can take these like in general like you know since 944 00:46:13,160 --> 00:46:15,640 we last checked in last time you guys were on here was with the 945 00:46:15,760 --> 00:46:22,160 core magazine Co founder and you you guys are going at it with OV 946 00:46:22,160 --> 00:46:25,080 and Mando mostly Mando but you know you guys were saying some 947 00:46:25,080 --> 00:46:27,440 wild shit about Ethereum. OK, but we're not going to get 948 00:46:27,440 --> 00:46:30,920 there. Okay, we're not going to go into 949 00:46:30,920 --> 00:46:32,720 ETH versus BTC. Conversation, but genuinely 950 00:46:32,720 --> 00:46:34,880 curious for you to tell me, like since last. 951 00:46:34,920 --> 00:46:36,720 Year was like a good day for actually so. 952 00:46:37,280 --> 00:46:39,800 Because EBTC has reversed. And I think. 953 00:46:40,200 --> 00:46:43,000 I think that Ethereum people deserve to have a good day every 954 00:46:43,000 --> 00:46:45,480 once in a while, you know, a few months. 955 00:46:46,160 --> 00:46:50,280 So I'm happy for you guys. Fuck off and so. 956 00:46:50,520 --> 00:46:52,200 But honestly, like what? What? 957 00:46:52,560 --> 00:46:53,760 What? What? 958 00:46:53,760 --> 00:46:54,520 What's the? What's the? 959 00:46:54,520 --> 00:46:56,880 What's the latest on in the on the Ordinal side, of course, 960 00:46:56,880 --> 00:46:59,400 like our hype has really caught on even more now. 961 00:46:59,640 --> 00:47:01,440 Of course it's only been about a not even a year. 962 00:47:01,440 --> 00:47:04,840 It was last February that that that KC came on this show to 963 00:47:04,840 --> 00:47:06,400 talk about or knows it was about a year. 964 00:47:06,440 --> 00:47:09,040 It's in February that you guys, you know, broke like Bitcoin 965 00:47:09,040 --> 00:47:11,400 with like inscribing like a four MB. 966 00:47:11,800 --> 00:47:13,800 Like. Like JPEG on there and whatnot 967 00:47:13,800 --> 00:47:15,880 or something like this, but what's the latest like, how are 968 00:47:15,880 --> 00:47:18,120 you seeing like the Orino's ecosystem develop over the last 969 00:47:18,120 --> 00:47:21,240 couple months? You know, I think maybe far will 970 00:47:21,240 --> 00:47:23,560 have some opinions on that too. But I think that what we're 971 00:47:23,560 --> 00:47:27,480 seeing is that it's kind of maturing in the sense that we I 972 00:47:27,480 --> 00:47:31,680 I'm seeing a lot of new, really interesting art show up on 973 00:47:31,680 --> 00:47:32,880 orinals. You know, we started with like a 974 00:47:32,880 --> 00:47:35,640 lot of very tiny, small pixelated stuff, but I think 975 00:47:35,960 --> 00:47:39,160 there's a lot of cool, really interesting art showing up. 976 00:47:39,400 --> 00:47:41,000 So I'm really looking forward to that. 977 00:47:42,320 --> 00:47:43,680 I love that. I mean, what do you think far? 978 00:47:43,680 --> 00:47:45,600 I mean, maybe you could even speak to the art side because 979 00:47:45,600 --> 00:47:48,240 we've seen the Golden Ratio do pretty well. 980 00:47:48,240 --> 00:47:50,440 Do you think that this is something we're going to see 981 00:47:50,440 --> 00:47:52,560 more of, especially as like Sol, the Bees, like these 982 00:47:52,560 --> 00:47:56,760 institutions are starting to like, do like art sales around 983 00:47:56,800 --> 00:48:00,000 Bitcoin ordinals? Yeah, I think a lot of the 984 00:48:00,000 --> 00:48:03,480 artists, it's like everyone you know for one year we have been 985 00:48:03,480 --> 00:48:06,720 kind of like it has been like the avant-garde kind of 986 00:48:06,720 --> 00:48:11,720 situation of ordinals, Like there has been not not technical 987 00:48:11,720 --> 00:48:14,520 limitations but not clear information on how to do things. 988 00:48:14,560 --> 00:48:19,240 So this this is changing rapidly and more and more artists are 989 00:48:19,240 --> 00:48:23,440 very interested and actually in fact in this sale like you can 990 00:48:23,440 --> 00:48:29,840 see new artist like a legendary pieces by Claudia Hart and Kevin 991 00:48:29,840 --> 00:48:31,280 McCoy. Jennifer, Kevin McCoy. 992 00:48:32,040 --> 00:48:33,760 Those pieces of really, Kevin McCoy? 993 00:48:34,040 --> 00:48:35,280 Has a piece in. There. 994 00:48:36,040 --> 00:48:38,360 Yeah, yeah. And then Anna Maria Caballeros, 995 00:48:38,840 --> 00:48:43,360 she put the poem. I think it's the first poem on 996 00:48:43,360 --> 00:48:46,080 ordinals, actually, I think. I believe so. 997 00:48:47,160 --> 00:48:52,240 I think it's you know everything is there's another I think that 998 00:48:52,440 --> 00:48:57,040 yesterday about it like a artist should take this as a you know 999 00:48:57,080 --> 00:48:59,480 don't rush it because you know you put things on chain as it's 1000 00:48:59,480 --> 00:49:04,000 going to be forever on chain. So and you know think about it 1001 00:49:04,000 --> 00:49:05,840 like in 20-30 years is going to be there. 1002 00:49:05,840 --> 00:49:07,200 It's also something that you're going to fix. 1003 00:49:07,800 --> 00:49:11,000 So I think more and more people are artists are being like 1004 00:49:11,920 --> 00:49:14,320 thinking about it and and exploring it. 1005 00:49:14,600 --> 00:49:19,560 And now that that there is an interesting, let's say, 1006 00:49:19,560 --> 00:49:21,720 community, you know this, this is an ecosystem, right, of 1007 00:49:21,720 --> 00:49:24,880 collectors that they want, they want art. 1008 00:49:24,880 --> 00:49:27,200 They want cool projects. There is demand. 1009 00:49:27,200 --> 00:49:30,760 Clearly everything is it seems like it's minting out. 1010 00:49:31,600 --> 00:49:34,480 We saw the other day when you're talking about Artos Golden 1011 00:49:34,480 --> 00:49:38,160 Ratio, he's, yeah, he's, I was talking to him this morning. 1012 00:49:38,200 --> 00:49:40,320 He's very grateful about what happened. 1013 00:49:40,680 --> 00:49:43,320 But you know Rick Cachet the other day also. 1014 00:49:43,800 --> 00:49:47,440 Yeah, that was the project. Many models are coming. 1015 00:49:47,720 --> 00:49:51,320 I mean for to my knowledge I have been talking to a lot of 1016 00:49:51,320 --> 00:49:55,120 artists in the last month or so. Many are working on it. 1017 00:49:55,120 --> 00:49:59,200 So I think it makes sense. I don't think this is a maybe a 1018 00:49:59,200 --> 00:50:03,120 medium to do like a a lot of collections and a lot of 1019 00:50:03,120 --> 00:50:06,560 editions, you know, it's more to special things. 1020 00:50:07,120 --> 00:50:09,280 Think about like a, you're going to preserve it and then maybe 1021 00:50:09,280 --> 00:50:13,040 someone will would buy or not because you know it's expensive 1022 00:50:13,080 --> 00:50:15,680 but it's all Unchained like you can think about that like you 1023 00:50:15,680 --> 00:50:19,000 want to put something on chain on Ethereum, fully Unchained it, 1024 00:50:19,000 --> 00:50:20,400 it will be more expensive, right. 1025 00:50:21,040 --> 00:50:25,000 So I think it's good. I think it's, it's shaping it 1026 00:50:25,000 --> 00:50:27,960 very well. I mean look a year ago we didn't 1027 00:50:27,960 --> 00:50:30,640 have anything you know ecosystem at all, right. 1028 00:50:31,680 --> 00:50:35,280 We like you know we're trying to see how inscribe anything there. 1029 00:50:35,360 --> 00:50:38,760 So it's pretty good. Yeah that's that's true. 1030 00:50:38,760 --> 00:50:42,160 It's been, it's been a wild year Udi like have you on on the on 1031 00:50:42,160 --> 00:50:45,000 the more core bit corner side like with everything you guys 1032 00:50:45,000 --> 00:50:49,280 have done like the development of things opcat now or more core 1033 00:50:49,280 --> 00:50:51,680 like bit corners. You're seeing like maybe flip 1034 00:50:51,920 --> 00:50:54,120 towards like maybe being more open minded towards like what 1035 00:50:54,120 --> 00:50:56,280 you guys are building or in general ordinals because like 1036 00:50:56,280 --> 00:50:59,240 there's genuine hype now like and like with art coming on 1037 00:50:59,240 --> 00:51:01,080 more. I think sometimes like art like 1038 00:51:01,080 --> 00:51:03,880 makes it more like I guess it's less crazy squiggly things and 1039 00:51:03,880 --> 00:51:06,440 10 KPFPS that has that 'cause they have the reputation cause 1040 00:51:06,440 --> 00:51:09,080 like Ethan Solana, right? But like what do you do you 1041 00:51:09,080 --> 00:51:12,440 think, do you are you seeing more like bit corners, like kind 1042 00:51:12,440 --> 00:51:18,320 of like get involved? Yeah, yeah, let's say I'm 1043 00:51:18,320 --> 00:51:20,920 definitely seeing a lot of people doing the direction from 1044 00:51:20,920 --> 00:51:23,240 kind of Bitcoin only people into ordinals. 1045 00:51:23,240 --> 00:51:27,000 I haven't seen anyone who started in ordinals and decided 1046 00:51:27,000 --> 00:51:28,840 to become a Bitcoin maxi through that. 1047 00:51:28,840 --> 00:51:32,480 So yeah, there's a lot of people who move from kind of being 1048 00:51:32,480 --> 00:51:34,280 Bitcoin maxes into the Ornolds camp. 1049 00:51:34,520 --> 00:51:37,280 A lot of them do it very privately. 1050 00:51:37,280 --> 00:51:39,080 So I have a lot of people who reach out to me in the end and 1051 00:51:39,080 --> 00:51:41,400 they're like, look, I can't talk about this publicly, but I've, 1052 00:51:41,560 --> 00:51:44,800 I've been loving this. But also there's been, you know, 1053 00:51:44,800 --> 00:51:47,440 there's been, we've seen some, yeah, you know, we've seen some 1054 00:51:47,440 --> 00:51:49,800 mining pools, obviously, we've seen Sailor talking about it. 1055 00:51:49,800 --> 00:51:55,880 We've seen a bunch of like more kind of well known Bitcoin maxes 1056 00:51:55,880 --> 00:51:58,280 Talk about how they think Ornolds might be a good thing. 1057 00:51:58,800 --> 00:52:03,160 And you know, we talked before about Luke. 1058 00:52:03,160 --> 00:52:07,240 There was this camp that you tried and led by Luke the cat 1059 00:52:07,240 --> 00:52:11,120 here that was trying to filter inscriptions out and ban them 1060 00:52:11,120 --> 00:52:13,680 essentially. And one of the big things that 1061 00:52:13,680 --> 00:52:16,480 happened last week is essentially their proposal was 1062 00:52:16,480 --> 00:52:18,280 denied. And it's not, you know, it's 1063 00:52:18,400 --> 00:52:20,000 not, it's clearly not going to happen. 1064 00:52:20,000 --> 00:52:22,280 And so I think a lot of people are coming to terms with the 1065 00:52:22,280 --> 00:52:24,640 fact that Arnolds are here to stay, even if they don't like 1066 00:52:24,640 --> 00:52:25,760 it. And it's OK if you don't like 1067 00:52:25,760 --> 00:52:26,720 it. You don't have to buy them. 1068 00:52:26,720 --> 00:52:27,760 You don't have to hold them, right? 1069 00:52:28,360 --> 00:52:30,840 Yeah, I love that. And then then more like from a 1070 00:52:31,360 --> 00:52:33,840 from a Bitcoin, you know the coin, you know in the ecosystem 1071 00:52:33,840 --> 00:52:36,400 perspective, would he curse your thoughts on on this week right. 1072 00:52:37,000 --> 00:52:39,160 You've probably been way too busy with what you have going on 1073 00:52:39,160 --> 00:52:41,800 but what do you what do you think here of course like ETFs 1074 00:52:41,800 --> 00:52:44,560 big week, you've known to be one of the most vocal people about 1075 00:52:44,560 --> 00:52:46,400 Bitcoin since how long you've been doing this. 1076 00:52:47,000 --> 00:52:48,760 How long have you been a Twitter influencer for? 1077 00:52:50,080 --> 00:52:54,240 Too long, man like I've been. Look, I've been holding Bitcoin 1078 00:52:54,240 --> 00:52:57,280 for, I think, more than a decade and I you man like. 1079 00:52:57,360 --> 00:53:01,920 As a decade, it's look it's. The ETF stuff is something that 1080 00:53:01,920 --> 00:53:04,400 we've been looking forward to forever. 1081 00:53:04,560 --> 00:53:07,000 Since when I started, people were already talking about how 1082 00:53:07,000 --> 00:53:11,160 the ETF is imminent in 2013 and the fact that it's finally 1083 00:53:11,160 --> 00:53:14,280 happening, I think it's look, it's it's it's symbolically, 1084 00:53:14,280 --> 00:53:16,520 it's really amazing. It's a great feeling and I think 1085 00:53:16,520 --> 00:53:19,480 that I think it will have a lot of influence on Bitcoin culture 1086 00:53:19,480 --> 00:53:23,200 too, because I think it will bring in a lot of, you know, a 1087 00:53:23,200 --> 00:53:26,480 lot of types of people couldn't really or wouldn't get Bitcoin 1088 00:53:26,480 --> 00:53:28,240 before and now they will. And I think that's going to 1089 00:53:28,240 --> 00:53:31,760 influence a lot of just how people think about Bitcoin. 1090 00:53:32,000 --> 00:53:33,160 So I'm really excited about that. 1091 00:53:33,920 --> 00:53:37,560 Yeah, no, this is really cool. Far what a what? 1092 00:53:37,640 --> 00:53:38,480 A what? What do you? 1093 00:53:38,480 --> 00:53:40,240 When does this Solibee's auction end? 1094 00:53:40,240 --> 00:53:41,880 You excited? Must be a cool moment. 1095 00:53:41,880 --> 00:53:46,400 For you, yeah, yeah, I I didn't have time to process it because 1096 00:53:46,400 --> 00:53:48,400 we have been working on there, putting this together. 1097 00:53:48,400 --> 00:53:52,360 So now it's just like a so it's 10 days I think, right? 1098 00:53:52,360 --> 00:53:54,960 The 22nd or. It's 10 days, yeah. 1099 00:53:55,600 --> 00:54:00,240 Yeah, it closes on the 22nd, yeah. 2:04 PM Eastern already 25 1100 00:54:00,240 --> 00:54:03,120 bids and 14,000 United States dollar top bid with an estimate 1101 00:54:03,120 --> 00:54:05,240 of 15 to 20. So you're already pretty much 1102 00:54:05,240 --> 00:54:08,080 with an estimates, which is which is super cool to see. 1103 00:54:08,280 --> 00:54:10,040 I'm personally excited to see what this goes for. 1104 00:54:10,400 --> 00:54:12,160 It's going to be it's. Going to be wild. 1105 00:54:13,280 --> 00:54:17,720 We're we're gonna have a cool week with several Twitter spaces 1106 00:54:17,720 --> 00:54:19,200 and you know, I think it's gonna be cool. 1107 00:54:19,200 --> 00:54:22,600 We have a good programming that we did with Michael, so it's 1108 00:54:22,600 --> 00:54:26,280 gonna be nice, Michael. Michael's good, Michael's good 1109 00:54:26,280 --> 00:54:27,000 at his. Stuff, you know. 1110 00:54:27,200 --> 00:54:29,240 Michael Very well. He's a he's a good friend of all 1111 00:54:29,240 --> 00:54:30,600 of us, is Michael. 'S good. 1112 00:54:31,680 --> 00:54:35,240 He was asking me like, OK, which pieces He already knew everyone 1113 00:54:35,240 --> 00:54:38,440 in the space. I was like a he already like 1114 00:54:38,560 --> 00:54:39,760 he's he's watching that. Yeah. 1115 00:54:39,800 --> 00:54:43,080 He already he he got into. He's an OG in ordinance already. 1116 00:54:43,920 --> 00:54:46,760 Yeah, Michael, Michael like you know Michael Michael like you 1117 00:54:46,760 --> 00:54:49,240 know had to go through a lot in the ETH ecosystem from the 1118 00:54:49,240 --> 00:54:53,680 Solter Beach side. You know he he heard and and 1119 00:54:53,680 --> 00:54:56,040 then he ended up cooking hard like obviously notably the 1120 00:54:56,040 --> 00:54:58,560 goose. The goose right $6 million like 1121 00:54:58,560 --> 00:55:00,440 he really pushed that three AC cell that was extremely 1122 00:55:00,440 --> 00:55:02,840 successful last year on on the east side. 1123 00:55:02,840 --> 00:55:04,720 So I I like seeing that he's now running. 1124 00:55:05,720 --> 00:55:08,360 You know sales for, for, for ordinals here and seems like, 1125 00:55:08,360 --> 00:55:09,880 you know, he's definitely got his finger on the pulse. 1126 00:55:09,880 --> 00:55:11,800 I mean, Udi, last question for you as we come on time here 1127 00:55:11,800 --> 00:55:13,760 like. What can he leave us with? 1128 00:55:13,760 --> 00:55:17,040 What's what's next here? Maybe even if you already said 1129 00:55:17,040 --> 00:55:18,320 some stuff. Maybe you want to remind people 1130 00:55:18,320 --> 00:55:19,400 of dates. What not? 1131 00:55:19,400 --> 00:55:20,880 You know what? What should people pay attention 1132 00:55:20,880 --> 00:55:21,880 to here? Yeah. 1133 00:55:21,880 --> 00:55:24,640 So look, the the journey of quantum cats really just begins 1134 00:55:24,640 --> 00:55:27,040 today. They're going to evolve and and 1135 00:55:27,040 --> 00:55:29,040 and change over time, which is something we're really excited 1136 00:55:29,040 --> 00:55:31,880 about. I would say you look the Quantum 1137 00:55:31,880 --> 00:55:33,400 Cats account is on stage right now. 1138 00:55:33,400 --> 00:55:36,720 You can go click it and follow. We're going to have more news 1139 00:55:36,720 --> 00:55:40,120 about how we're going to do the mint later this month. 1140 00:55:40,360 --> 00:55:41,840 So I'm really excited about this. 1141 00:55:41,840 --> 00:55:44,840 I I I'm really hopeful that this can help kind of push forward 1142 00:55:44,840 --> 00:55:49,040 this idea of, you know, Opcat and making Bitcoin more magical. 1143 00:55:49,960 --> 00:55:53,000 OK, well hopefully that that works out and you guys make 1144 00:55:53,000 --> 00:55:55,520 Bitcoin magical again far. Any last words? 1145 00:55:57,360 --> 00:55:59,880 No, not much. Like I just as I said before, 1146 00:56:00,880 --> 00:56:03,720 take your time, enjoy the cats and check, check the pieces in 1147 00:56:03,720 --> 00:56:05,360 the action. You know I haven't mentioned all 1148 00:56:05,360 --> 00:56:10,120 of the artists like, but it's looks and newlys and so it's 1149 00:56:10,120 --> 00:56:12,680 cool. Let's check it out and let's say 1150 00:56:12,680 --> 00:56:14,680 happy to be here. Love that. 1151 00:56:14,840 --> 00:56:15,720 Udi. Far. 1152 00:56:16,000 --> 00:56:17,640 Thank you for coming. Y'all that was fun. 1153 00:56:17,640 --> 00:56:19,800 Congratulations. Congrats on everything you guys 1154 00:56:19,800 --> 00:56:21,880 got going on and excited to see you next year. 1155 00:56:21,880 --> 00:56:24,600 You guys going to be in the NFT, Paris by any chance or another 1156 00:56:24,600 --> 00:56:26,400 conference? Where are we seeing you next? 1157 00:56:27,560 --> 00:56:29,600 Do they allow cats into the conference? 1158 00:56:31,040 --> 00:56:32,600 I think cats are allowed everywhere. 1159 00:56:34,240 --> 00:56:36,440 I might be in Paris, I think. Perfect. 1160 00:56:36,640 --> 00:56:37,640 I see. Yeah. 1161 00:56:38,520 --> 00:56:39,560 Perfect. Love that. 1162 00:56:39,560 --> 00:56:40,800 Thank you all. Thank you for coming. 1163 00:56:40,800 --> 00:56:41,680 Udi. Thank you far. 1164 00:56:41,680 --> 00:56:42,280 Appreciate. Y'all. 1165 00:56:42,400 --> 00:56:43,560 See ya. Thank you. 1166 00:56:44,600 --> 00:56:46,440 All right, Mando, I know you gotta run. 1167 00:56:46,720 --> 00:56:48,720 And on the dot, I'm sure we all got a lot of work. 1168 00:56:48,720 --> 00:56:51,440 So, Mando, I will see you in person on Monday. 1169 00:56:51,960 --> 00:56:54,400 I think the show's still gonna run, but pay attention to a four 1170 00:56:54,400 --> 00:56:56,480 more hour page. Y'all for for updates on what's 1171 00:56:56,480 --> 00:56:57,640 gonna happen. With the show, I'll be with 1172 00:56:57,640 --> 00:57:00,320 Mando. And and Spice in Switzerland. 1173 00:57:00,320 --> 00:57:02,960 Can't wait for that. And with that, with that, with 1174 00:57:02,960 --> 00:57:05,080 that have a great week and y'all remember. 1175 00:57:05,080 --> 00:57:08,800 To touch some grass, have fun, relax and chill a little bit. 1176 00:57:09,000 --> 00:57:11,320 Crypto's gonna be fine. Peace out. 1177 00:57:11,320 --> 00:57:11,560 Y'all.