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Oh yo-yo, what up, what up? 
Good morning, Good morning, GMG.

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Thursday, July 11th, 20. 20. 
For that another beautiful day 

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to have a beautiful day. 
I got my Co host in the house 

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Kyler Mando. 
How you guys doing today? 

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I'm doing great, man. 
How are you? 

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I'm. 
Doing good, doing good. 

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The weather's shit. 
I'm doing good. 

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How you doing? 
Weather's not great, but it's 

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green morning, so wearing green.
It's a soft green morning. 

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Got some good inflation news 
perhaps, so we'll see how things

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respond. 
You know what we we, we, you 

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know, in the midst of was it 
where it's so over, I found that

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we are so back. 
What does that mean? 

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She's looking good, She's 
looking good. 

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You left this aside from Germany
as soon as we had like 60 K 

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decided to just dump their 
Bitcoin again. 

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It's so funny, hilarious. 
I'm actually wondering how the 

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war room is over there right 
now. 

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That's like in charge of do you 
guys think it's like like what 

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do you guys think? 
Do you think it's like 7 people 

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in a room like figuring it out 
like tea whopping and shit like 

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oh, that's a Coinbase and 17 
other and there's like one 

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person in charge of that. 
Like what do you guys think? 

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You think it's like it's 
official, right? 

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It's like official German funds.
What do we think? 

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I'm so curious about that. 
Yeah, I, I think it's just like 

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one person who's just clicking 
the sell button is it they've 

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been, they've been ordered to 
sell this amount at a certain. 

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Time. 
Yeah, right. 

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Trying to. 
Find ways to. 

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You will sell it all. 
You will sell it all, but not in

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one clip. 
You're going to send it to, say,

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12 exchanges and take your time.
Yeah. 

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And then they were. 
He saw CPI this where he was 

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like, hurry up, hurry up. 
The Americans got good inflation

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numbers. 
Hey, you must sell it. 

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Fucking screaming at the guy, 
you know, like, Oh my God. 

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Anyways, today on the show 
today, today market report will 

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talk. 
CPI is not good stuff. 

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Good numbers. 
Listen, we're looking good. 

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We're looking good one things, 
which is we're not looking bad, 

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OK, And you'd love to see that 
with nice bounce across the 

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board and across our coins, 
including the memes and some 

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alts. 
I believe you have and then 

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Tyler's top 100 as usual. 
I'm sure there's a lot of stuff 

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to talk about today because man 
it's actually a lot it's just 

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news on news on news, a lot of 
stuff going on so love to see 

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that in the industry and then 
last but not least, we're 

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actually going to pick two 
people. 

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So I know it's Thursday, 
tomorrow's a loot boxes with 

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Robit, but we're just going to 
give $20 away. 

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So $100 each. 
Two people picking from the 

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spaces to make sure you're in 
there, make sure you're 

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retweeting, make sure you follow
FOMA or make sure you follow all

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of us, you know, and as usual. 
And then we'll just pick two 

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people. 
We won't have to come on stage 

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or whatever, but let's two pick 
two up people give you $100 each

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if you have a real bit account. 
So make sure you also have that 

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sorted. 
And and yeah, oh, look at that 9

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minutes ago. 
SCC drops investigation to Paxos

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decides buds not a security 
anyways, So it's a good 

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headlines all across the board, 
even as I'm talking to you also.

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Anyways, anyways, why would we 
get right into it as we got some

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CPI numbers and whatnot. 
Mando, tell me what's going on. 

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Who is the man? 
Michael, Daddy of the land? 

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Can you dig it? 
Yeah, GM, everyone. 

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So the main thing today on macro
was that CPI came out, which is 

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the inflation figure that 
everyone looks at each each 

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month basically. 
And that came in slightly softer

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than expected inflation looking 
like it's coming down quicker 

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than people thought it was. 
This kind of puts the Fed in the

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position that they probably have
to cut rates twice this year. 

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Jerome Powell was kind of same 
the same thing yesterday. 

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There is now a 25% chance that 
they cut rates three times this 

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year now. 
So definitely, definitely 

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increasing as the day's gone on 
there. 

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Stocks had been rallying into 
this figure. 

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Looks like they are kind of 
mixed after the figure now. 

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NASDAQ is slightly lower, S&P is
slightly higher, but they're all

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hanging out at all time highs 
obviously. 

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I think it was 12 straight 
record highs for the NASDAQ. 

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So it'd been a very, very 
strong, strong tape going into 

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this exact figure. 
I think we're we're seeing this 

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kind of around the world that 
inflation's coming down quicker 

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than expected in most places, 
UK, Europe, US, China all having

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all, all seeing a slowing 
inflation or even deflation in 

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China. 
So this should be supportive for

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crypto, you know, more money 
printing, more accommodative 

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monetary policy generally that 
means Bitcoin higher, everything

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higher. 
What we saw is that crypto 

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ripped and then the Germans 
decided that they wanted to sell

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some more. 
They're now down to their last 

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500 million, it looks like. 
But it looks like they're going 

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to try and get out of this, the 
majority of it this week. 

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You know, it feels like every 
single day they're selling 300 

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to a billion worth. 
So they could easily get out of 

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all of it today and tomorrow. 
So we're, yeah, we're 

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approaching the kind of the end,
the final stages of that. 

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We've rallied a little bit. 
Ether's been slightly 

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outperforming. 
Obviously we've got the ETF 

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coming next week. 
So that's going to be a near 

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term catalyst there. 
People are getting a little bit 

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more bullish I think into that 
Solana and Bitcoin slightly 

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underperforming and most, most 
alts continuing to outperform 

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meme coins except MOG kind of 
went closer to an all time high 

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again. 
And things like Popcat again is 

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the, is one of the major memes 
on, on Solana. 

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But yeah, that's that's kind of 
where we're at in terms of macro

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and crypto. 
Yeah. 

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So what does these numbers mean?
Mando CPI numbers and all that 

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stuff like and like NBA terms. 
Just means that the feds going 

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to cut rates a bit. 
More. 

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Got it. 
And we want rate cuts from what 

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I'm reading on timeline, right? 
Yeah. 

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I mean, everyone wants rate cuts
in general. 

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That would generally mean that 
risk assets will go higher, or 

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at least there's more, there's 
more pumping of liquidity into 

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the market. 
What does Why are rate cuts good

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for the market? 
It's a good. 

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Question. 
It's a good question because to 

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be honest, I don't think many 
people thought we'd be hitting 

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all time highs with rates of 5 
1/2 percent. 

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I don't think rate cuts in of 
themselves are the are the most 

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important think here. 
It's more money supply and money

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printing. 
I think rate cuts sometimes are 

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delayed for that. 
So we've started to see an 

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increase in money supply again 
and money printing. 

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That's the real thing to be 
looking at. 

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Rates themselves, I think, are 
perhaps not the biggest driver 

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of the market. 
It just seems like it's the it's

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what everybody talks about at 
all times. 

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And like, I think 99% of us 
don't really understand the 

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politics behind it or the 
economics behind it. 

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You know what I mean? 
It's like, I'm not a stupid guy.

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That was the difference from my 
Solana, whether rates are cut or

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not. 
You know what I mean? 

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Well, let's put it this way. 
If you're if rates are lower, 

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you're able to, for example, buy
a house easier. 

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People, it's less costly to do a
bunch of different things, 

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particularly in credit. 
So if you're going to buy 

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anything on credit or with some 
form of a loan, it's a much 

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easier. 
So generally that's seen as if 

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they go lower, people have more 
money, you know, like if, right 

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now, if you, your mortgage 
payments might be really high 

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and if rates go lower, your 
mortgage payments go down a lot.

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So that's, that's, that's the 
main feed through into the 

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economy. 
But like I said, I, I personally

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think the, the main driver of 
Mac of macro and crypto is more 

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money printing rather than the 
rates themselves. 

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And that, that you can have a 
slightly different trajectory 

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like money, global money 
printing has actually gone up 

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even in the period of time where
rates have increased. 

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And that's no, if most people 
would have said, you know, if 

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rates at 5 1/2 percent, you 
wouldn't have expected an all 

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time high in in in gold, in 
Bitcoin, in stocks like that, 

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that wouldn't have really 
happened. 

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Yeah. 
Also like I mean typically, 

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right, another factor at play is
when, when rates are high like 

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they're at 5%, you can get 5% in
the savings account. 

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So there there's less reason to 
to invest in risk assets where 

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you've got downside as the rate 
rates are cut. 

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You you get less and then you 
have more incentives to to 

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venture out makes that's how I 
think about it. 

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OK, that makes sense that 
that's, that's, that's good. 

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I just wanted to ask because 
like, it's like everyone loves 

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to talk about red cards, red 
cards, but it's like, I don't 

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think most people really 
understand. 

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And I, I sometimes I wonder why 
does it affect our market so 

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much? 
Or if it does, like I remember 

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last time Powell spoke and he 
was like, I'm not cutting rates 

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and the market dumped. 
I was like, OK, but now it's 

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like we're talking about 3 red 
cards, but the market's not 

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pumping crazy. 
It's pumping, but it's it's not 

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crazy. 
It's like Salon is right back 

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down to 141, Ethis 3165 at 
session 32 and bitcoins back 

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down to 53 after nearing 60K. 
But obviously I was a lot of 

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self pressure on the German 
government side that like 

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immediately move like 3000 
Bitcoin. 

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Second, we got the CPI inflation
number. 

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I thought that was funny. 
Tyler, you pointed that out, but

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I have the Arkham Intel now, 
like on the tab open at all 

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times. 
And I'd love like checking every

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00:09:30,600 --> 00:09:33,560
few hours, like refreshing to 
see like what they're down to. 

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And it says 580 million, 580 
million right now. 

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So the last outsole of Bitcoin, 
though was 5000 Bitcoin 55 

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minutes ago. 
Imagine the guy doing all the 

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transactions, guys or girl, mind
you. 

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00:09:46,160 --> 00:09:49,040
But it must be so stressed like 
you're like the person like in 

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charge of what it was $2 billion
book. 

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00:09:50,680 --> 00:09:54,920
Was it 2-3 billion originally? 
It's 50,000 Bitcoin, so that's 

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over over 3 billion I think. 
Yeah, 50K Bitcoin, let's say it 

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00:09:58,560 --> 00:10:01,400
was 57 K average, that's kind of
shopping there. 

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00:10:01,400 --> 00:10:03,360
Yeah, 2280, I think it's around 
3 million. 

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00:10:04,160 --> 00:10:07,040
And so you're the person in 
charge of like every time moving

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00:10:07,040 --> 00:10:09,200
the Bitcoin. 
Oh, wait, like we just got $100 

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00:10:09,200 --> 00:10:11,480
million refund because our 
sellers didn't fucking. 

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00:10:11,480 --> 00:10:12,880
They'll let me take it out of 
the exchange. 

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00:10:13,080 --> 00:10:14,720
Oh, but wait, they went to this 
exchange. 

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00:10:15,040 --> 00:10:17,160
It would really be a bummer in 
front of the exchange exchanges 

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00:10:17,160 --> 00:10:18,800
they sell on. 
It goes down while they're 

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00:10:18,800 --> 00:10:23,040
selling. 
Imagine like the government 

202
00:10:23,040 --> 00:10:25,600
Germany was trying to sell 
Bitcoin during the FTX and FTX 

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00:10:25,600 --> 00:10:29,200
goes under. 
Oh my God. 

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00:10:29,480 --> 00:10:31,800
Anyway, so that that that 
continues, but we're almost 

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00:10:31,800 --> 00:10:33,480
there. 
How are we on Mount Cox? 

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00:10:33,600 --> 00:10:35,480
Like what's the latest on on 
that front? 

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00:10:35,600 --> 00:10:36,880
Because that's the other big 
salivant. 

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00:10:36,880 --> 00:10:42,200
Is there any updates? 
There was not not that much if 

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I'm honest. 
They they obviously are expected

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00:10:44,800 --> 00:10:47,600
to make those sort of 
distributions this month already

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00:10:47,600 --> 00:10:52,560
starts to they'd already made 
some to some local creditors in 

212
00:10:52,560 --> 00:10:56,080
Japan, it looks like OK, but 
yes, some. 

213
00:10:56,080 --> 00:10:59,680
People there saw that. 
But but they're still waiting 

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00:10:59,680 --> 00:11:02,200
for majority of the retail 
return. 

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00:11:02,520 --> 00:11:04,920
It's the same for FTX right? 
I I believe some people have 

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00:11:04,920 --> 00:11:07,680
started getting paid out. 
In FTX. 

217
00:11:08,040 --> 00:11:12,000
Yeah, I'm not. 
Loomedart tweeted about it. 

218
00:11:13,640 --> 00:11:17,120
I saw something from Loomedart. 
I wouldn't have expected people 

219
00:11:17,120 --> 00:11:21,560
to get paid out from FTX yet 
unless they were they got a 

220
00:11:22,480 --> 00:11:25,200
their claims bought by somebody.
Yeah, maybe it was maybe because

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00:11:25,200 --> 00:11:28,280
I remember last week that I 
found the tweet last, you know, 

222
00:11:28,280 --> 00:11:31,320
June 29th, he said. 
Be retrospect a few days got a 

223
00:11:31,320 --> 00:11:33,800
material fuck load of money back
from FTX to a claim sale. 

224
00:11:34,360 --> 00:11:34,760
Yeah. 
Right. 

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00:11:34,920 --> 00:11:36,520
Yeah, So he sold. 
Claims for selling for like 

226
00:11:36,520 --> 00:11:41,440
what, 1 1/2 X or something? 
Well, you're going to get 

227
00:11:41,440 --> 00:11:49,040
roughly 120 to 130% recovery, so
and a lot of people sold them at

228
00:11:49,040 --> 00:11:51,120
a discount. 
So they sold them at like 80% 

229
00:11:51,120 --> 00:11:54,640
discount or even if you sold 
them at 100% right, like you're,

230
00:11:54,640 --> 00:11:56,880
you're actually losing money 
because you got you're getting 

231
00:11:56,880 --> 00:12:00,880
back 120% of your money. 
And you're getting it at the 

232
00:12:00,880 --> 00:12:02,920
price of crypto when it went 
down. 

233
00:12:02,920 --> 00:12:05,400
So it's not like you're getting 
much, but you're still getting. 

234
00:12:05,800 --> 00:12:08,880
Well, you're getting, yeah, 
you're getting dollars. 

235
00:12:09,080 --> 00:12:11,400
You're not getting this is the 
the main difference between this

236
00:12:11,400 --> 00:12:14,680
and Mount Cox, man, Cox people 
are getting back Bitcoin and 

237
00:12:14,680 --> 00:12:16,680
people are scared. 
I see. 

238
00:12:16,680 --> 00:12:19,360
Whereas FTX you're getting back 
dollars and people are expecting

239
00:12:19,360 --> 00:12:27,840
them to buy crypto with it. 
Yeah, OK, that's that's good to 

240
00:12:27,840 --> 00:12:30,240
know. 
OK, so we'll see that I I just 

241
00:12:30,240 --> 00:12:32,520
like I see, but I even the Mount
Gox thing like I know people get

242
00:12:32,520 --> 00:12:35,600
the money back, but I thought 
we'd see like all these on locks

243
00:12:35,600 --> 00:12:38,760
as like kind of like bullish 
events with more people like 

244
00:12:39,120 --> 00:12:43,640
having crypto in their hands or 
like USD to buy crypto in a 

245
00:12:43,640 --> 00:12:45,240
market like this. 
I don't know, that's how I 

246
00:12:45,240 --> 00:12:48,440
always saw it, but. 
Well, Mount Cox they will, to be

247
00:12:48,440 --> 00:12:50,440
clear, they'll, they'll have 
Bitcoin back in their words, 

248
00:12:50,680 --> 00:12:52,320
they will sell. 
So that would normally be 

249
00:12:52,320 --> 00:12:54,360
considered a bad thing. 
But the FTX thing I think is 

250
00:12:55,120 --> 00:13:02,560
arguably is much more and has in
my opinion a higher chance of 

251
00:13:03,080 --> 00:13:05,400
people buying crypto with those 
funds. 

252
00:13:05,400 --> 00:13:07,120
So. 
Yeah, Yeah. 

253
00:13:07,120 --> 00:13:08,680
No, that, that makes a lot of 
sense. 

254
00:13:08,680 --> 00:13:10,480
All right. 
Well, look, market wise, we're 

255
00:13:10,480 --> 00:13:12,200
at 50. 
What are we? 

256
00:13:12,200 --> 00:13:14,040
Hold on. 
Let me let me let me refresh 

257
00:13:14,040 --> 00:13:16,160
here because looks like we're a 
little lower fit. 

258
00:13:16,160 --> 00:13:17,520
Oh, we retraced this morning's 
pump. 

259
00:13:17,520 --> 00:13:24,160
So we're we're about we're about
59578 on on Bitcoin, 3150 on 

260
00:13:24,160 --> 00:13:27,440
ETH. 
So as we're back to 140 and and 

261
00:13:27,440 --> 00:13:30,160
the usual performers have really
been been the memes. 

262
00:13:30,160 --> 00:13:33,120
So if I look on the on the top 
gainers and losers, it's really 

263
00:13:33,440 --> 00:13:34,720
you know about that. 
Do we have any other like 

264
00:13:34,760 --> 00:13:37,800
numbers coming in soon Mando? 
Like is there the biggest FOMC 

265
00:13:37,800 --> 00:13:39,680
of the year on the way or 
anything else? 

266
00:13:39,680 --> 00:13:41,600
Are we like clear of these for 
now? 

267
00:13:42,400 --> 00:13:46,920
Tomorrow we have PPI, which is 
would you surprise inflation And

268
00:13:46,920 --> 00:13:48,800
then I think we're we're in for 
a break. 

269
00:13:48,840 --> 00:13:51,640
Actually, I don't know if 
there's an FMC this month. 

270
00:13:52,120 --> 00:13:54,440
FMC. 
Oh, no, I think it's, it's not 

271
00:13:54,440 --> 00:13:55,880
this month, it's just at the end
of August, right? 

272
00:13:55,880 --> 00:13:57,920
It's always like a month that 
it's, it's off in the summer, 

273
00:13:57,920 --> 00:14:01,360
right? 
Now there is an FOMC. 

274
00:14:01,920 --> 00:14:04,760
There's one more, there's one 
more at the end of July and then

275
00:14:04,760 --> 00:14:07,080
then they're off. 
Oh, yeah, That's what it is. 

276
00:14:07,080 --> 00:14:10,520
It's often in August. 
So it's July 3030 first and then

277
00:14:10,520 --> 00:14:13,400
September's and the next one. 
All right, well, that's that. 

278
00:14:14,000 --> 00:14:16,200
And top performers, I mean, here
you go, you have it here. 

279
00:14:16,200 --> 00:14:19,200
So it seems like some altcoins 
actually were some of the top 

280
00:14:19,200 --> 00:14:24,480
gainers over the last 24 hours 
on that front and that and the 

281
00:14:24,480 --> 00:14:27,440
market seems pretty good. 
So anyways, we'll see where that

282
00:14:27,440 --> 00:14:29,160
takes us. 
Just a reminder, we're going to 

283
00:14:29,160 --> 00:14:31,800
give 100 bucks to two different 
people, so 200 bucks total. 

284
00:14:31,800 --> 00:14:33,840
So if you retweet the spaces and
you're in here at the end of the

285
00:14:33,840 --> 00:14:37,320
show, we'll pick two people and 
then we'll we'll just get get 

286
00:14:37,320 --> 00:14:42,440
this up and Roland Tyler. 
Real quick before we get into it

287
00:14:42,440 --> 00:14:45,360
for while we're talking this, I 
was just looking at the numbers.

288
00:14:46,160 --> 00:14:49,760
I didn't realize the scale this 
like FTX is returning $15 

289
00:14:49,760 --> 00:14:51,560
billion in cash. 
Hey. 

290
00:14:52,320 --> 00:14:53,280
Yeah. 
In cash they. 

291
00:14:53,320 --> 00:14:57,200
Keep Air drops 7 billion. 
Yeah. 

292
00:14:57,280 --> 00:14:59,680
And the German government's out 
and they've got five. 

293
00:14:59,720 --> 00:15:02,480
So like we're talking about like
3 billion in cell overhang 

294
00:15:02,480 --> 00:15:06,040
potential pressure here versus 
$15 billion in cash coming, 

295
00:15:06,040 --> 00:15:10,000
which is potential buy pressure.
If we see Mt Gox a cell 

296
00:15:10,000 --> 00:15:12,200
overhang, why are we seeing FTX 
buy overhang? 

297
00:15:13,120 --> 00:15:15,400
I think people are, I think I 
think people have been more 

298
00:15:15,400 --> 00:15:18,640
looking to this being one of the
main reasons we'll see on Q4. 

299
00:15:18,920 --> 00:15:21,280
Now I don't know if that that 
date that people are getting 

300
00:15:21,280 --> 00:15:23,280
money back in Q4 is like set in 
stone. 

301
00:15:23,720 --> 00:15:26,640
Obviously with these things like
Mount Cox, people have been 

302
00:15:26,640 --> 00:15:29,200
hoping to get their money back 
for years. 

303
00:15:29,240 --> 00:15:33,560
Forever, Yeah. 
So I think it's Q4, but like 

304
00:15:33,560 --> 00:15:37,240
there's maybe a dose of who the 
fuck knows there. 

305
00:15:37,240 --> 00:15:40,920
So maybe that's why we're not 
like massively rounding on the 

306
00:15:40,920 --> 00:15:44,960
back of it. 
OK, well, makes sense. 

307
00:15:45,000 --> 00:15:47,360
Also like I think people are 
just actually waiting for it to 

308
00:15:47,360 --> 00:15:50,120
happen, right? 
It's like it's like you got to 

309
00:15:50,120 --> 00:15:56,320
wait and see what even happens. 
But anyways Tyler NFT and crypto

310
00:15:56,440 --> 00:16:01,800
analysis Tyler D on FOMO our 
cause the kid. 

311
00:16:02,800 --> 00:16:09,320
Can top story U.S. presidential 
candidate Donald Trump confirmed

312
00:16:09,320 --> 00:16:13,520
to speak at Bitcoin Nashville 
coming July 25th to 27th. 

313
00:16:13,520 --> 00:16:15,280
So that just elevated that 
conference. 

314
00:16:15,280 --> 00:16:18,840
We saw some movement in the 
political meme coins off the 

315
00:16:18,840 --> 00:16:22,160
back of that as well as some 
Biden news. 

316
00:16:22,920 --> 00:16:24,120
We talked about the German 
government. 

317
00:16:24,120 --> 00:16:27,520
They moved another 5000 plus 
Bitcoin this morning. 

318
00:16:27,520 --> 00:16:30,920
Their reserves are now down to 
20% of where they were at. 

319
00:16:31,280 --> 00:16:36,160
Solana Finance live in testnet. 
It has processed its first few 

320
00:16:36,160 --> 00:16:38,040
blocks. 
Still a long road ahead, but a 

321
00:16:38,040 --> 00:16:40,760
promising sign. 
Another Solana news, $250 

322
00:16:40,760 --> 00:16:44,520
million in USDC was minted on 
Solana yesterday. 

323
00:16:44,840 --> 00:16:47,680
That comes after 250 million 
minted on Tuesday. 

324
00:16:47,680 --> 00:16:52,240
So two day total $500 million in
stables minted on Solana there 

325
00:16:52,240 --> 00:16:56,960
that's that was a 25% bump in 
the total UST CS supply. 

326
00:16:56,960 --> 00:17:01,240
So it's a pretty relatively 
large they're moving into 2.35 

327
00:17:01,240 --> 00:17:03,800
billion. 
We saw that CFTC chair say that 

328
00:17:03,800 --> 00:17:08,079
Bitcoin and ETH are commodities 
after in Illinois court ruling 

329
00:17:08,119 --> 00:17:10,800
went down yesterday. 
So shout out to my home state 

330
00:17:11,119 --> 00:17:14,000
Compound labs has website 
exploited early this morning 

331
00:17:14,000 --> 00:17:16,160
with very few very few details 
he had known. 

332
00:17:16,160 --> 00:17:18,640
So so be careful out there 
interacting with them. 

333
00:17:19,240 --> 00:17:22,640
Animocha's Mocha token Mocha 
versus Mocha token rather that 

334
00:17:22,640 --> 00:17:25,319
claim went live. 
It opened the 800 million FTV 

335
00:17:26,000 --> 00:17:31,080
fairly high open there for an 
NFT related token. 

336
00:17:31,080 --> 00:17:35,840
NFTS on the date chopping 
doodles clear top move up 40%. 

337
00:17:35,840 --> 00:17:37,720
Now on the week back over to 
ETH. 

338
00:17:37,720 --> 00:17:41,240
The blast token, also on the 
move, up 15% ever since 

339
00:17:41,240 --> 00:17:47,920
Baroque's claim to a dollar to 
to a 1.78 billion FDV, now up a 

340
00:17:47,920 --> 00:17:50,480
solid 25 to 30% I. 
Did not sell. 

341
00:17:51,040 --> 00:17:53,200
I did not sell. 
Good for you. 

342
00:17:53,200 --> 00:17:57,440
And then and and memes and 
celebrities. 

343
00:17:57,440 --> 00:18:01,520
Iggy Azalea announced another 
partner, DWF Labs strategic 

344
00:18:01,520 --> 00:18:03,240
partner for mother. 
Surprising. 

345
00:18:04,240 --> 00:18:07,680
Mother rallying on the news it's
up 30% and then little pump our 

346
00:18:07,680 --> 00:18:11,200
our new friend he's now rocking 
one of those retardio cousins as

347
00:18:11,200 --> 00:18:13,720
his PFP so he's being. 
Very deep, right? 

348
00:18:13,800 --> 00:18:18,200
It looks like it's got his 
fucking tattoo on the head. 

349
00:18:18,640 --> 00:18:22,240
Is it custom? 
It looks scarily like, actually,

350
00:18:22,360 --> 00:18:24,440
yeah. 
Retarded that that's a great 

351
00:18:24,440 --> 00:18:26,640
collection of salon. 
Actually I don't have any, but I

352
00:18:26,640 --> 00:18:29,160
think it's great. 
Tyler there's a few things to go

353
00:18:29,160 --> 00:18:34,000
over here, including Donnie T 
going on live on there before 

354
00:18:34,000 --> 00:18:36,800
that another topics. 
I have done all my claims. 

355
00:18:37,080 --> 00:18:39,800
I mean all three of them. 
I, I, I figured Mando would love

356
00:18:39,800 --> 00:18:44,120
to hear that and would be proud.
ZROZK and blast. 

357
00:18:44,480 --> 00:18:47,160
Guess what Zero and Ziki were 
higher than when people claimed.

358
00:18:47,440 --> 00:18:50,360
So you know, that was 0 has been
actually Zero has been cooking. 

359
00:18:51,840 --> 00:18:54,840
That one came back pretty good. 
Totally sold them both, but held

360
00:18:54,840 --> 00:18:58,920
the blast Tyler, because I saw 
this yesterday. 

361
00:18:58,920 --> 00:19:01,880
I was like, it was around here 
like last, what was it July? 

362
00:19:02,000 --> 00:19:03,400
It was here. 
Sorry yesterday I was like, oh, 

363
00:19:03,400 --> 00:19:05,160
this looks bottomed out. 
I'm not going to sell it here. 

364
00:19:05,160 --> 00:19:08,520
So we're going to hold the blast
AirDrop sell around $0.25 

365
00:19:08,520 --> 00:19:10,080
hopefully. 
So that's the goal. 

366
00:19:10,360 --> 00:19:12,560
That's the goal. 
You know, I mean, it went low, 

367
00:19:12,560 --> 00:19:15,520
low last week. 
I mean, I, I mean, I didn't see 

368
00:19:15,520 --> 00:19:17,280
the market cap at low, but it 
must have been close to like 

369
00:19:17,280 --> 00:19:19,680
$200 million. 
And it just, again, 

370
00:19:19,680 --> 00:19:21,680
comparatively, it just feels so 
low. 

371
00:19:22,160 --> 00:19:25,440
Did it? 
Yeah, let's look at the market 

372
00:19:25,440 --> 00:19:28,400
cap right now, I think. 
It's only like it's a 1/7. 

373
00:19:29,360 --> 00:19:31,080
Market cap's 300 million. 
So it was. 

374
00:19:31,080 --> 00:19:33,680
It's seven, right? 
Yeah. 

375
00:19:33,720 --> 00:19:38,600
FTV is still 1.8 billion. 17 
right now, exactly right there. 

376
00:19:38,920 --> 00:19:42,760
So $0.17, so hey market. 
Gaps still a factor in this, 

377
00:19:42,840 --> 00:19:44,640
right? 
Like to a degree, like I don't 

378
00:19:44,720 --> 00:19:47,360
feel like it has to be somewhat.
I'm not selling it until the, 

379
00:19:47,360 --> 00:19:51,400
the, the, the AirDrop is, is 
five figures and we're at $8400 

380
00:19:51,400 --> 00:19:54,440
right now. 
So that's the rule. 

381
00:19:54,760 --> 00:19:57,560
That's the rule. 
There's a few factors at play 

382
00:19:57,560 --> 00:20:02,200
here with this. 
So they just passed the 

383
00:20:02,200 --> 00:20:03,800
proposal. 
So you're going to get 2X points

384
00:20:03,800 --> 00:20:06,000
for a holding blast. 
So that's a bullish incentive to

385
00:20:06,000 --> 00:20:09,560
hold. 
And then it seems like that the 

386
00:20:09,560 --> 00:20:12,600
whales like they've got a long 
road ahead to unlock their 

387
00:20:12,600 --> 00:20:15,680
tokens. 
So like it's not just a, a six 

388
00:20:15,680 --> 00:20:21,440
month vest with no requirements,
like you have to hold 70 to 80% 

389
00:20:21,440 --> 00:20:25,360
of your of your original balance
to vest those tokens. 

390
00:20:25,960 --> 00:20:28,560
So they're going to have to 
continue to hold assets on blast

391
00:20:28,560 --> 00:20:31,840
to even get those. 
And some just just may not do 

392
00:20:31,840 --> 00:20:33,800
that. 
So like we may not see as many 

393
00:20:33,800 --> 00:20:36,280
tokens. 
So that's a factor at play as 

394
00:20:36,280 --> 00:20:38,080
well. 
The whole blast board it, it is 

395
00:20:38,080 --> 00:20:40,080
green. 
So finally some movement in the 

396
00:20:40,080 --> 00:20:44,680
meme coins over there. 
Andy up at 5%, pack up 5%. 

397
00:20:44,680 --> 00:20:47,720
So it's a slow grind back up, 
but nice to see some movement. 

398
00:20:48,480 --> 00:20:51,200
Yeah, yeah, left. 
What's Pacman at right now? 

399
00:20:51,560 --> 00:20:55,040
That was the 15,000,000. 15. 
Million, yeah, it's got a long 

400
00:20:55,040 --> 00:20:57,440
way to go, but when you have 
good founders that actually 

401
00:20:57,440 --> 00:20:59,800
care, like, I wouldn't be 
surprised if one day you get on 

402
00:20:59,800 --> 00:21:02,120
the show and like, oh, it's back
up to like where it was and it's

403
00:21:02,120 --> 00:21:04,360
like, Oh well. 
It's an interesting one, right? 

404
00:21:04,360 --> 00:21:06,960
Like I don't see any Packman 
content in my timeline anymore. 

405
00:21:06,960 --> 00:21:09,800
I I have to say. 
That much less, yeah. 

406
00:21:09,800 --> 00:21:14,640
The whole farming meta that from
Portal to today is the landscape

407
00:21:14,640 --> 00:21:17,440
has changed a lot, yeah. 
Happy people, Tired. 

408
00:21:18,040 --> 00:21:21,800
I do this, I do this daily, you 
know, like newsletter and, and 

409
00:21:21,880 --> 00:21:25,280
for the left curve corner bit of
it, it it's gotten really sparse

410
00:21:25,280 --> 00:21:26,520
recently. 
Like. 

411
00:21:27,560 --> 00:21:30,160
As in like the left curve stuff 
like the 10X plays. 

412
00:21:30,520 --> 00:21:36,360
I used to be blast content or 
maybe different memes and now it

413
00:21:36,360 --> 00:21:39,440
feels like none. 
I just don't know where you go 

414
00:21:39,440 --> 00:21:42,600
to to make that 10X like and 
it's just not really there. 

415
00:21:43,120 --> 00:21:47,440
Like it's still Solana. 
Meme coins I would say are the 

416
00:21:47,440 --> 00:21:52,080
most obvious and consistent 
play, but that's really it, you 

417
00:21:52,080 --> 00:21:55,200
know, like there was a little 
bit of a bounce in NFTS, but it 

418
00:21:55,200 --> 00:21:57,440
still feels like a a long 
process there. 

419
00:21:57,960 --> 00:22:03,040
The farming stuff I think people
have generally had to know had 

420
00:22:03,200 --> 00:22:06,120
had enough of like farming air 
drops, right? 

421
00:22:06,120 --> 00:22:08,400
Like it doesn't feel like people
are really farming them like 

422
00:22:08,400 --> 00:22:13,400
they were in Q1 or even Q2. 
So now it's like if you're 

423
00:22:13,400 --> 00:22:16,200
trying to make a 10X, are you 
really just, is it just Solana 

424
00:22:16,200 --> 00:22:18,240
memes or is there anything else 
you guys have seen? 

425
00:22:24,400 --> 00:22:27,680
I don't know, I. 
Mean I think. 

426
00:22:27,720 --> 00:22:31,120
It's my French is but I don't 
have time for that sadly. 

427
00:22:32,520 --> 00:22:34,120
I agree with you. 
Sorry for go ahead. 

428
00:22:34,280 --> 00:22:35,640
No, go ahead. 
Glad I was feeling like I don't 

429
00:22:35,640 --> 00:22:38,920
know where either. 
I agree with you since man, I 

430
00:22:38,920 --> 00:22:42,840
feel like it's as hard as ever 
to like get those quick 10X's, 

431
00:22:42,840 --> 00:22:44,040
which which is probably a good 
thing. 

432
00:22:44,040 --> 00:22:47,480
I mean, it means it's like we're
somewhat of a reset in in this 

433
00:22:47,800 --> 00:22:51,440
market just because that was 
just leading to to so much mania

434
00:22:52,000 --> 00:22:54,520
on a day in day out basis. 
I I would agree is pumped off 

435
00:22:54,520 --> 00:22:55,920
fun is your only shot to do 
that. 

436
00:22:55,920 --> 00:22:59,120
But it it feels more than ever 
just total darts. 

437
00:22:59,240 --> 00:23:02,280
And like, unless you're in like 
the cabal's or the groups who 

438
00:23:02,280 --> 00:23:04,520
are really pumping these things,
it feels so hard to actually 

439
00:23:04,520 --> 00:23:08,520
catch one that is a winner. 
And then I mean, they are 

440
00:23:08,520 --> 00:23:11,640
happening to a degree like this 
Rocky token. 

441
00:23:12,880 --> 00:23:16,080
It's at 3530 million. 
So it was a 10X. 

442
00:23:16,520 --> 00:23:21,400
So they're, they're still 
happening somewhat a few sectors

443
00:23:21,440 --> 00:23:24,760
potential, I mean, Poly 5 maybe 
like if we really think we're 

444
00:23:24,760 --> 00:23:28,120
going to see something happen 
in, in the political markets 

445
00:23:28,120 --> 00:23:31,040
here in the next couple weeks 
that there could be some tokens 

446
00:23:31,040 --> 00:23:32,960
that move 10X. 
There's still some pretty low 

447
00:23:32,960 --> 00:23:36,080
market caps out there for some 
of the nominee tokens. 

448
00:23:37,000 --> 00:23:42,120
And then maybe ETH, maybe lower 
ETH memes headed into potential 

449
00:23:42,120 --> 00:23:45,640
ETF week, if honest. 
Question if you're if you're 

450
00:23:45,640 --> 00:23:50,480
talking 10X, honest question is 
if we see mania from last cycle 

451
00:23:50,480 --> 00:23:53,480
doors 1 to 80 bill, does Pepe 
pull a 10X to 40 bill? 

452
00:23:55,360 --> 00:23:57,240
Maybe it does. 
It doesn't feel like we're on 

453
00:23:57,240 --> 00:23:58,600
the cusp of mania though, does 
it? 

454
00:23:58,600 --> 00:23:59,560
I don't. 
Know it doesn't feel like we're 

455
00:23:59,560 --> 00:24:00,960
on the cusp of it, but I'm 
saying you're saying like, where

456
00:24:00,960 --> 00:24:03,000
do you look for the next 10X? 
Also, what time frame? 

457
00:24:03,000 --> 00:24:05,840
Right over a year, two years, 
two months, two hours. 

458
00:24:06,680 --> 00:24:09,920
Like say, people? 
People need a new long term 

459
00:24:09,920 --> 00:24:11,320
Ponzi. 
That's basically what I'm 

460
00:24:11,320 --> 00:24:12,000
saying. 
We need a. 

461
00:24:12,200 --> 00:24:13,560
Home. 
We need a Wonderland. 

462
00:24:13,800 --> 00:24:17,000
When you look, yeah, when I'm 
looking at the on my newsletter,

463
00:24:17,000 --> 00:24:20,080
I'm just, it's just not much 
going on. 

464
00:24:20,400 --> 00:24:23,880
Like I think that was one of the
arguments around Blast is, you 

465
00:24:23,880 --> 00:24:26,280
know, if Blast fails, what do we
all do next? 

466
00:24:27,120 --> 00:24:29,760
And Blast hasn't exactly worked 
that well and there is nothing 

467
00:24:29,760 --> 00:24:31,560
to do next. 
I don't think people, that means

468
00:24:31,560 --> 00:24:33,760
people necessarily go back to 
Blast. 

469
00:24:33,760 --> 00:24:37,280
But it does feel as though 
there's a lot of people with a 

470
00:24:37,280 --> 00:24:40,800
lot of time on their hands 
working like wondering what the 

471
00:24:40,800 --> 00:24:43,600
hell they should do to try and 
make money apart from being on 

472
00:24:43,600 --> 00:24:45,680
CT every single day. 
Yeah. 

473
00:24:46,280 --> 00:24:48,880
And spot on. 
I've seen Hyper Liquid and Monad

474
00:24:48,960 --> 00:24:54,360
as basically and Bear Chain are 
like the three, but like Bear 

475
00:24:54,360 --> 00:24:55,960
Chain a like, I've got a lot of 
thoughts. 

476
00:24:56,000 --> 00:24:58,920
The folks who were farming Bear 
Chain were doing it 6 to 12 

477
00:24:58,920 --> 00:25:02,200
months ago and like they're 
already so far ahead of you that

478
00:25:02,680 --> 00:25:04,640
like it. 
It feels so hard to enter that 

479
00:25:04,640 --> 00:25:07,400
game now. 
Monad I, I still don't know what

480
00:25:07,400 --> 00:25:10,880
it is or how to farm it. 
And Hyper Liquid is just you get

481
00:25:10,880 --> 00:25:12,880
points for trading tokens on 
there. 

482
00:25:13,520 --> 00:25:17,400
Yeah. 
Yeah, So, yeah, I don't know. 

483
00:25:17,400 --> 00:25:19,680
I mean, I look at this, I mean 
you were talking about the 

484
00:25:19,760 --> 00:25:21,800
qualified stuff. 
I mean, I don't have any of 

485
00:25:21,800 --> 00:25:23,760
this, never did actually, but 
this looks good to me. 

486
00:25:23,800 --> 00:25:26,600
Like the guy speaking, we can 
segue into that right guy 

487
00:25:26,600 --> 00:25:28,960
Speaking of Bitcoin comp, which 
by the way, they didn't even 

488
00:25:28,960 --> 00:25:32,360
move the market, but point being
he's speaking there regardless. 

489
00:25:32,600 --> 00:25:35,200
Shout out to David Bailey and 
and Bitcoin Magazine. 

490
00:25:35,200 --> 00:25:41,440
They were on last year with UDI 
was funny, but we have this like

491
00:25:41,720 --> 00:25:43,200
this stuff doesn't look bad to 
me. 

492
00:25:44,360 --> 00:25:47,360
Like, I don't know, what do you 
guys think? 

493
00:25:48,000 --> 00:25:51,480
Maybe that stuff it does. 
I would say that honestly, I 

494
00:25:51,480 --> 00:25:54,000
think a lot of people like the 
one thing that continues to see 

495
00:25:54,000 --> 00:25:56,720
massive volumes other than salon
and meme coins is prediction 

496
00:25:56,720 --> 00:26:01,120
markets, which means we've 
essentially gone from, you know,

497
00:26:01,120 --> 00:26:05,200
gambling on tokens to just 
straight up gambling, but using 

498
00:26:05,200 --> 00:26:08,240
using our tokens to gamble, 
which I think is pretty funny. 

499
00:26:08,280 --> 00:26:11,400
Like that's that's the only 
other thing I think people are 

500
00:26:11,400 --> 00:26:14,200
looking at being like that. 
I can make A5 accent which is 

501
00:26:14,200 --> 00:26:15,840
essentially just being at the 
casino. 

502
00:26:16,720 --> 00:26:19,320
Look at that England. 
Not bad. 

503
00:26:19,320 --> 00:26:22,400
Not a bad return. 
Not a bad return here. 

504
00:26:23,000 --> 00:26:25,920
Is it coming home? 
Maybe we played. 

505
00:26:25,920 --> 00:26:28,480
That was our best game. 
Dude, I have to give it to 

506
00:26:28,480 --> 00:26:30,080
y'all. 
That was beautiful. 

507
00:26:30,280 --> 00:26:33,160
That was that was England 
playing finally, finally. 

508
00:26:33,480 --> 00:26:36,280
Like it's just like France had 
the same fucking shit. 

509
00:26:36,560 --> 00:26:39,640
Pragmatic defensive bullshit 
didn't work out. 

510
00:26:39,880 --> 00:26:41,640
England yesterday showed up to 
score goals. 

511
00:26:42,000 --> 00:26:43,560
That was nice to watch. 
I watched the whole thing. 

512
00:26:44,920 --> 00:26:47,000
That was fun. 
That was that was a good one. 

513
00:26:47,000 --> 00:26:49,600
I I kind of have to root for 
England now because of you guys 

514
00:26:49,800 --> 00:26:52,280
and like half of my team is like
from England. 

515
00:26:53,040 --> 00:26:56,520
Like the team chat is like a 
bunch of fucking like hooligans 

516
00:26:56,520 --> 00:26:58,320
like you didn't. 
Realize until yesterday. 

517
00:26:58,760 --> 00:27:03,960
Did you realize like Charlie 
Tabs Sims forget like even Nick 

518
00:27:03,960 --> 00:27:08,520
is for England like that we like
6 Ben even Evis cheering like 

519
00:27:08,520 --> 00:27:11,920
yeah, like 7-8 Rodrigo team 
members, core team members all 

520
00:27:11,920 --> 00:27:13,320
rooting for England team Chad 
Mando. 

521
00:27:13,320 --> 00:27:16,360
I'm like dude, I'm like I 
already can't stand the English 

522
00:27:16,360 --> 00:27:18,760
team and now I have to stand my 
own team being for them. 

523
00:27:18,760 --> 00:27:22,040
It's like dude, God damn. 
Anyways, I want to. 

524
00:27:22,040 --> 00:27:25,280
Be clear that Spain is the right
bet to make headed into this 

525
00:27:25,280 --> 00:27:28,040
final, but I'll be you. 
See. 

526
00:27:28,120 --> 00:27:34,840
Stop it, stop it, stop it. 
Stop yesterday we had town hall 

527
00:27:34,840 --> 00:27:37,040
that started right during the 
match and I let the entire 

528
00:27:37,040 --> 00:27:39,000
Rugrater team off the hook 
because we wanted to just talk 

529
00:27:39,000 --> 00:27:41,880
locks and I and I, I could see 
the relief in the half of the 

530
00:27:41,880 --> 00:27:44,400
team's eyes saying like fuck 
yeah, thank you, thank you for 

531
00:27:44,400 --> 00:27:45,840
hook. 
But they were all, they all 

532
00:27:45,840 --> 00:27:49,520
showed up though. 
But Sims was in the studio. 

533
00:27:49,680 --> 00:27:52,160
Sims stuck to the studio. 
So I I got to respect that. 

534
00:27:52,360 --> 00:27:55,040
But that was that was nice. 
That second goal was that was 

535
00:27:55,040 --> 00:27:56,640
wild. 
That was some, some wild scenes.

536
00:27:56,840 --> 00:27:58,120
Let's see what happens on 
Sunday. 

537
00:27:59,000 --> 00:27:59,920
You know what was fun last 
night? 

538
00:27:59,920 --> 00:28:03,720
Copa America Columbia Eurograde 
was crazy like. 

539
00:28:04,080 --> 00:28:08,520
Her was wild. 
Dude, the Latin Americans don't 

540
00:28:08,520 --> 00:28:10,760
give a shit. 
Like go like punch each other in

541
00:28:10,760 --> 00:28:16,160
the throat and like keep going 
like Oh my God, next level 

542
00:28:16,160 --> 00:28:19,040
football. 
But anyways, anyways, that what 

543
00:28:19,040 --> 00:28:21,520
I want to segue to with the Poly
fight conversation is Trump 

544
00:28:22,040 --> 00:28:25,000
Tyler. 
So Donnie T the rumors are real 

545
00:28:25,200 --> 00:28:27,240
speaking at big conference. 
Tell me more about that. 

546
00:28:28,440 --> 00:28:29,800
Yeah, he he's going to 
Nashville. 

547
00:28:29,800 --> 00:28:33,680
We, we don't have that much of 
the actual details yet, but he's

548
00:28:33,680 --> 00:28:38,200
going to be a speaker. 
I think it just totally elevates

549
00:28:38,200 --> 00:28:42,040
the conference up a level from 
from where it was. 

550
00:28:42,320 --> 00:28:47,200
And I saw like folks like UDI 
commenting on this, like there 

551
00:28:47,200 --> 00:28:52,120
is a presidential candidate here
who is in the lead, who has an 

552
00:28:52,120 --> 00:28:55,000
Ordinals collection and is 
speaking at a Bitcoin conference

553
00:28:55,320 --> 00:28:57,720
that this is the stuff that they
like dreamed about and joked 

554
00:28:57,720 --> 00:29:00,280
about like 5 to 10 years ago. 
And it's, it's actually 

555
00:29:00,280 --> 00:29:04,280
happening, which is pretty wild 
if you kind of step back and, 

556
00:29:04,360 --> 00:29:07,680
and think about it like that. 
It is wild. 

557
00:29:07,920 --> 00:29:09,840
I mean, he, he is right. 
You need to, he says. 

558
00:29:09,880 --> 00:29:13,680
Rudy says you need to slap 
yourself sometimes to stop your 

559
00:29:13,680 --> 00:29:15,680
mind from going numb. 
U.S. 

560
00:29:15,680 --> 00:29:18,840
President to speak at Bitcoin 
conference also has an Ordinals 

561
00:29:18,840 --> 00:29:20,120
collection. 
I'm pretty sure he has more than

562
00:29:20,120 --> 00:29:21,920
one. 
Multiple ETH collections for 

563
00:29:21,920 --> 00:29:23,680
sure. 
Ten years ago we used to joke 

564
00:29:23,680 --> 00:29:25,920
about this happening in the 
future, but it was a joke. 

565
00:29:26,280 --> 00:29:28,720
Slap yourself. 
But still the flip side of that.

566
00:29:29,040 --> 00:29:31,400
So now let's do the other side. 
I'm curious to what you think 

567
00:29:31,920 --> 00:29:36,200
Iceberg and a few other, you 
know, OGCT members were saying. 

568
00:29:36,960 --> 00:29:40,520
G said something positive. 
BTC in 2019 went up 16% in an 

569
00:29:40,520 --> 00:29:42,440
hour. 
Now presidential candidate 

570
00:29:42,440 --> 00:29:44,560
speaking at Bitcoin conference 
can't even move the price by 

571
00:29:44,560 --> 00:29:46,600
half a point. 
Yeah, I've got a response to 

572
00:29:46,600 --> 00:29:48,440
that. 
What the the move's been 

573
00:29:48,440 --> 00:29:52,480
telegraphed for what? 
I mean, Trump has been bull in 

574
00:29:52,560 --> 00:29:54,480
Bitcoin for a while. 
Like there's rumors that he's 

575
00:29:54,480 --> 00:29:57,480
thinking about using Bitcoin as 
a strategic asset for the US. 

576
00:29:57,840 --> 00:30:02,600
We just had the GOP policy come 
out what, 2-3 days ago with a 

577
00:30:02,640 --> 00:30:06,320
pro crypto stance. 
So I feel like perhaps the, the 

578
00:30:06,320 --> 00:30:09,280
ZAI comments in 2019 and I don't
remember those I wasn't around. 

579
00:30:09,880 --> 00:30:12,040
I feel like those are probably a
larger surprise. 

580
00:30:12,040 --> 00:30:15,560
Like this isn't with like where 
we were at in this cycle in July

581
00:30:15,560 --> 00:30:18,080
2024. 
Like Trump speaking at this 

582
00:30:18,080 --> 00:30:19,920
Bitcoin conference is not a 
surprise to me. 

583
00:30:20,800 --> 00:30:23,040
Like it. 
It felt like a 5050 outcome, 

584
00:30:23,560 --> 00:30:25,680
really. 
So I guess to me, that's why I'm

585
00:30:25,680 --> 00:30:28,680
not like, super worried it 
didn't move markets. 

586
00:30:28,680 --> 00:30:31,760
But yeah, here's what you guys 
think. 

587
00:30:32,200 --> 00:30:33,600
Yeah. 
And what do you think, Mendo? 

588
00:30:33,920 --> 00:30:35,200
I don't. 
I didn't really expect it to 

589
00:30:35,200 --> 00:30:36,960
move market that much. 
But what do you think, Mendo? 

590
00:30:37,280 --> 00:30:40,360
This feels like an incremental 
piece of news, which is 

591
00:30:40,360 --> 00:30:43,440
basically what Tyler is saying. 
Like this is on the back of just

592
00:30:43,440 --> 00:30:46,360
like tons and tons of pro 
Bitcoin stuff from from Trump. 

593
00:30:46,360 --> 00:30:49,840
So I don't think this is as big 
a deal as Qi saying that he 

594
00:30:49,840 --> 00:30:52,480
would he would do that. 
I think it's a super bullish 

595
00:30:52,520 --> 00:30:54,880
though. 
Like it's very tough to imagine 

596
00:30:56,280 --> 00:30:58,760
a bear market in this current 
setup. 

597
00:30:58,840 --> 00:31:02,080
Like if Trump comes to office, 
we've probably got a salon ETF 

598
00:31:02,080 --> 00:31:05,360
coming and we've probably got 
even more strengthening of 

599
00:31:05,360 --> 00:31:10,120
Bitcoin as a as an accepted and 
perhaps even promoted asset. 

600
00:31:10,120 --> 00:31:12,120
So I think that's going to be 
very bullish. 

601
00:31:13,600 --> 00:31:16,440
I I think so as well. 
I agree with the both of you. 

602
00:31:16,480 --> 00:31:19,360
Also, like market dynamics are 
different in 2019. 

603
00:31:19,360 --> 00:31:22,160
I mean, I don't know what 
volumes look like then, but are 

604
00:31:22,160 --> 00:31:25,280
we still comparing Bitcoin five 
years ago to Bitcoin today? 

605
00:31:25,880 --> 00:31:28,400
I got, I just feel like it's not
the best comparison to make. 

606
00:31:28,480 --> 00:31:31,720
Not that he's wrong per SE. 
It's not like yeah, maybe we 

607
00:31:31,720 --> 00:31:35,000
could have moved a little more, 
but it's tons of self pressure 

608
00:31:35,000 --> 00:31:40,320
out there too. 
So I don't know, it's, it's I 

609
00:31:40,320 --> 00:31:42,240
heard Hunter Biden speaking in 
Salon of Comfort. 

610
00:31:42,240 --> 00:31:44,920
Oh. 
Gosh, Susan. 

611
00:31:46,160 --> 00:31:49,600
Biden speaking at at at at at at
break point. 

612
00:31:52,480 --> 00:31:54,440
He'll have a tough time having 
fun in Singapore, though. 

613
00:31:56,480 --> 00:31:59,240
Hey, if you're a Bitcoin team, 
like get your events out there. 

614
00:31:59,240 --> 00:32:01,600
Like let's let's. 
So you going Tyler, you going? 

615
00:32:01,640 --> 00:32:03,080
You going in my? 
Flight last night. 

616
00:32:03,080 --> 00:32:05,920
I will be there at least 
Thursday to Saturday. 

617
00:32:06,840 --> 00:32:09,200
OK, you'll be there, man. 
Are you going to go see Donnie 

618
00:32:09,200 --> 00:32:13,000
T? 
Yeah, why not fly over? 

619
00:32:13,960 --> 00:32:17,520
Nah, no chance. 
Dude, I actually that's just the

620
00:32:17,520 --> 00:32:18,880
city. 
I've always wanted to go to it. 

621
00:32:18,880 --> 00:32:20,640
It's a fun place. 
You may you may even run to the 

622
00:32:20,640 --> 00:32:23,400
Hawk 2 girl. 
So I will be decked in Hawk 2A 

623
00:32:23,400 --> 00:32:27,760
gear head to toe. 
It is the the Vegas of the 

624
00:32:27,760 --> 00:32:29,720
Midwest. 
It is kind of hard. 

625
00:32:29,720 --> 00:32:33,240
I heard it's fucking awesome. 
I heard it awesome from the 

626
00:32:33,240 --> 00:32:36,960
music perspective, the 
liveliness, like I've only heard

627
00:32:36,960 --> 00:32:38,760
amazing thing. 
You know who else in Nashville? 

628
00:32:38,840 --> 00:32:41,800
Jack Butcher. 
Another reason to go. 

629
00:32:42,680 --> 00:32:44,720
No, but he is actually, I think 
he's doing a thing. 

630
00:32:44,720 --> 00:32:46,000
I think a lot of people are 
going to go there. 

631
00:32:46,000 --> 00:32:48,120
I mean, I'm excited to see the 
videos of Tyler decked out and 

632
00:32:48,120 --> 00:32:50,360
hucked to a merch interviewing 
Donald Trump. 

633
00:32:51,320 --> 00:32:52,880
You know, that'll be that would 
be a lot of fun. 

634
00:32:53,560 --> 00:32:56,080
You bet your ass I'm already 
trying to make something happen,

635
00:32:56,080 --> 00:32:58,960
but we'll see. 
But but you know, I think I 

636
00:32:58,960 --> 00:33:00,400
think it's a really big news 
that he's speaking there. 

637
00:33:00,400 --> 00:33:02,640
I think it's really cool to see 
it no matter the thoughts on it 

638
00:33:02,640 --> 00:33:05,440
like the the someone who could 
potentially be the next 

639
00:33:05,440 --> 00:33:09,840
presidential candidate, sorry, a
presidential candidate, but next

640
00:33:09,880 --> 00:33:12,080
president again, speaking at the
Bitcoin conference. 

641
00:33:12,120 --> 00:33:15,280
I think it's significant enough 
news and a big signal for for 

642
00:33:15,280 --> 00:33:18,800
cryptocurrency as a whole. 
But it only makes sense, right? 

643
00:33:18,800 --> 00:33:20,440
And you guys are right. 
It was probably pricing because 

644
00:33:20,440 --> 00:33:22,480
the GOP thing came out. 
We talked about it two days ago 

645
00:33:22,680 --> 00:33:25,320
where it was really part of 
their mission, right to make the

646
00:33:25,320 --> 00:33:27,760
right to like self custody and 
etcetera. 

647
00:33:27,760 --> 00:33:30,440
So it's in there. 
It's like part of the campaign. 

648
00:33:30,800 --> 00:33:33,080
So it only makes sense that they
go to the biggest conference 

649
00:33:33,080 --> 00:33:37,040
relative to Bitcoin in the 
world, which is Bitcoin, like 

650
00:33:37,280 --> 00:33:40,720
BTC Nashville, right, which is 
BTC, but I mean, but so it only 

651
00:33:40,720 --> 00:33:41,400
makes sense. 
OK. 

652
00:33:41,680 --> 00:33:44,960
So that's that's. 
Before we put it the other 

653
00:33:45,240 --> 00:33:48,560
political news yesterday, it's 
like more celebs, more 

654
00:33:48,680 --> 00:33:50,200
politicians are turning on 
Biden. 

655
00:33:50,200 --> 00:33:55,520
So Pelosi gave some basically 
soft doubt, like not really 

656
00:33:55,520 --> 00:33:57,640
backing Biden in some some off 
the cuff. 

657
00:33:57,680 --> 00:34:01,640
What's her Poly market account? 
What is Nancy Pelosi's Poly 

658
00:34:01,640 --> 00:34:03,720
Market? 
Also raising the bill to to ban 

659
00:34:04,920 --> 00:34:07,040
sitting politicians from trading
stocks. 

660
00:34:07,400 --> 00:34:10,840
So she wants to watch out for 
her to exit her portfolio. 

661
00:34:11,159 --> 00:34:13,480
The Pelosi trackers out there. 
I think the Pelosi tracker 

662
00:34:13,480 --> 00:34:16,400
portfolio was up massive. 
I think so, Pelosi. 

663
00:34:17,199 --> 00:34:19,159
But what is so Pelosi and 
Clooney, right? 

664
00:34:19,320 --> 00:34:20,080
George Clooney. 
Clooney. 

665
00:34:20,320 --> 00:34:22,679
Clooney's like. 
One of the biggest donors what? 

666
00:34:22,679 --> 00:34:24,920
What's the latest there? 
He hosted the fundraiser I 

667
00:34:24,920 --> 00:34:27,400
believe, or he was at least in 
attendance, the one where where 

668
00:34:27,400 --> 00:34:29,639
Biden and all the clips went 
viral with him freezing on 

669
00:34:29,639 --> 00:34:32,600
stage. 
And now he's coming out a few 

670
00:34:32,600 --> 00:34:37,000
weeks later and saying, yes, 
like the the Biden we saw at the

671
00:34:37,000 --> 00:34:40,000
debate in those clips, that is 
the real Biden. 

672
00:34:40,000 --> 00:34:43,760
It's not like fake clips or just
bad cuts of them like that. 

673
00:34:43,760 --> 00:34:48,560
That is his current state. 
It's interesting like, like why 

674
00:34:48,560 --> 00:34:51,400
didn't Clooney say that three 
weeks ago when this came out? 

675
00:34:51,400 --> 00:34:53,199
It's like that's part of like 
the tenfold hat theory. 

676
00:34:53,199 --> 00:34:56,040
Like everyone, all the Dems are 
now rallying against them, but 

677
00:34:56,040 --> 00:35:01,680
it is impacting the market. 
So Kamala is shot up in the the 

678
00:35:01,680 --> 00:35:05,160
Democratic nominee race now on 
Polymarket, I guess in the odds.

679
00:35:05,160 --> 00:35:07,480
So she's back over I think like 
40%. 

680
00:35:08,080 --> 00:35:09,640
What are roller coaster 
emotions? 

681
00:35:09,800 --> 00:35:13,200
I did you guys see the Shkreli 
GCR stuff yesterday? 

682
00:35:13,560 --> 00:35:15,840
Yeah, I did, yeah. 
So out of all that, there's 

683
00:35:15,840 --> 00:35:17,280
something I think nobody picked 
up on. 

684
00:35:17,280 --> 00:35:20,160
So I've paused that like the 
video multiple times to see what

685
00:35:20,160 --> 00:35:22,680
GCR was telling Skelly. 
Did you guys see the last bit of

686
00:35:22,680 --> 00:35:22,960
it? 
No. 

687
00:35:24,360 --> 00:35:25,360
Can you speak? 
Up on this. 

688
00:35:25,800 --> 00:35:30,320
So if you go to the video he 
posted, right, the very end GCR 

689
00:35:30,320 --> 00:35:32,160
goes, you know who that the 
actual Democrat is? 

690
00:35:32,160 --> 00:35:37,800
That could be Trump, Roy Cooper.
He's never know who that is, 

691
00:35:37,800 --> 00:35:40,160
but. 
Then I went on Polymarket and I 

692
00:35:40,200 --> 00:35:45,680
realized that he's like the 
third in line on the Democratic.

693
00:35:45,680 --> 00:35:48,480
Yeah, because I was like, well 
the is that going to move the 

694
00:35:48,480 --> 00:35:50,040
polymarkets? 
Because, you know, GCR has the 

695
00:35:50,040 --> 00:35:52,000
power to probably move 
polymarkets, right? 

696
00:35:52,440 --> 00:35:54,680
That went on the. 
Issue is about getting in 

697
00:35:54,680 --> 00:35:56,560
someone someone who's like 
respected politics. 

698
00:35:56,840 --> 00:36:00,360
He's no he whoa, OK, He jumped. 
He was less than. 

699
00:36:00,720 --> 00:36:02,880
Dude. 
This guy was on like a couple 

700
00:36:02,880 --> 00:36:06,000
points and then that thing came 
out and people start picking up 

701
00:36:06,000 --> 00:36:07,120
on the GCR. 
Look at this. 

702
00:36:07,120 --> 00:36:09,400
It's at 60. 
Percent VP though, right? 

703
00:36:09,920 --> 00:36:12,200
Yeah. 
This is VP odds, not not. 

704
00:36:13,280 --> 00:36:16,160
OK, Well, it's the only odds 
where he's on. 

705
00:36:16,520 --> 00:36:18,240
I mean, I don't see anything 
else, you know what I mean? 

706
00:36:18,760 --> 00:36:20,640
Yeah. 
So I think the issue about this 

707
00:36:20,640 --> 00:36:24,840
is if they're going to get rid 
of Biden, it's about the funds, 

708
00:36:24,840 --> 00:36:27,320
right? 
The funds have to then go to 

709
00:36:27,320 --> 00:36:30,160
Kamala. 
And if not, then it's going to 

710
00:36:30,160 --> 00:36:33,000
have to be like a billionaire 
who comes in and self funds. 

711
00:36:33,000 --> 00:36:36,600
So they've been talking about 
people like Jamie Dimon, 

712
00:36:36,600 --> 00:36:39,640
Bloomberg, these sort of like 
billionaires who've made runs or

713
00:36:39,800 --> 00:36:41,920
like, talked about running 
before having to come in and 

714
00:36:41,920 --> 00:36:45,600
like self fund the whole of 
their, the whole of their 

715
00:36:45,880 --> 00:36:47,960
campaign. 
So that, that's kind of the, the

716
00:36:47,960 --> 00:36:50,440
move. 
I I think it's difficult to 

717
00:36:50,440 --> 00:36:54,360
replace Biden with another 
politician that's not Kamala. 

718
00:36:54,800 --> 00:36:59,560
Yeah. 
Yeah, I mean, you know what can 

719
00:36:59,560 --> 00:37:06,120
be unburdened, but what has 
been, in fact. 

720
00:37:06,920 --> 00:37:11,000
Anyways, Tyler, you love that 
one now, don't you, It? 

721
00:37:12,440 --> 00:37:15,120
Is it's quite catchy. 
Once you see it, you cannot see 

722
00:37:15,160 --> 00:37:17,120
it. 
Yeah, yeah, a lot of that one, 

723
00:37:17,120 --> 00:37:18,520
don't you? 
I was showing my mom the other 

724
00:37:18,520 --> 00:37:19,240
day. 
She was laughing. 

725
00:37:19,840 --> 00:37:21,120
We were, we were talking about 
this. 

726
00:37:21,120 --> 00:37:23,840
I was showing the video and it's
funny because in France, 

727
00:37:23,840 --> 00:37:27,280
Bardella, which was a far right 
guy, I mean, that was supposed 

728
00:37:27,280 --> 00:37:29,960
to win and they got rugged on 
the last second on the other 

729
00:37:29,960 --> 00:37:32,240
day. 
He has his own thing that he 

730
00:37:32,240 --> 00:37:34,400
repeats every time as well. 
So there was the same video 

731
00:37:34,400 --> 00:37:37,000
circulating in France of him 
with the same thing, but for him

732
00:37:37,000 --> 00:37:39,000
is I'm hungry. 
So the guy's always hungry. 

733
00:37:39,160 --> 00:37:42,600
So everywhere he goes, he goes, 
oh, wow, in France, fun, fun, 

734
00:37:42,600 --> 00:37:45,520
fun, fun, fun, whatever. 
There is food here. 

735
00:37:45,840 --> 00:37:48,040
Oh, she fun and everywhere. 
And there's like a multiple 

736
00:37:48,040 --> 00:37:49,120
videos. 
I'm just saying, oh, I'm so 

737
00:37:49,120 --> 00:37:50,240
hungry. 
Oh, I'm so hungry. 

738
00:37:50,240 --> 00:37:51,800
Oh, I'm so hungry or like 
everywhere. 

739
00:37:53,440 --> 00:37:57,680
That was hilarious. 
ANYWAYS, in other news, Tyler, 

740
00:37:57,880 --> 00:38:00,320
there was something else I 
wanted to pick up on from the 

741
00:38:00,320 --> 00:38:04,720
things that you were sharing. 
There's Trump this blast. 

742
00:38:05,480 --> 00:38:08,960
We had the mocha token we had 
fired answer. 

743
00:38:09,560 --> 00:38:11,680
Opening big, but we'll see what 
that happens. 

744
00:38:11,680 --> 00:38:13,320
Just an AirDrop, right? 
I thought the NF CS kind of 

745
00:38:13,320 --> 00:38:15,560
dumped yesterday ahead of that, 
but that's normal, normal 

746
00:38:15,560 --> 00:38:18,480
behavior open at 800 mil. 
We'll see where that goes. 

747
00:38:19,920 --> 00:38:23,360
There was I thought one thing to
shout out the certificate I mean

748
00:38:23,360 --> 00:38:25,280
you posted. 
So I mean it's go speak on that.

749
00:38:25,280 --> 00:38:28,400
I thought it was really cool 
certificate of ownership of 

750
00:38:28,400 --> 00:38:32,320
shares on on the rec brands side
Mendo, I saw OV which with a 

751
00:38:32,320 --> 00:38:33,920
bunch from yesterday. 
So that was really cool. 

752
00:38:33,920 --> 00:38:37,200
So if you participated in that, 
I guess check your wallets, 

753
00:38:37,200 --> 00:38:40,360
right, You got a you got a cool 
certificate of ownership in the 

754
00:38:40,360 --> 00:38:42,720
rec brands. 
But there's something that you 

755
00:38:42,720 --> 00:38:45,160
mentioned forgot. 
If it was, was it the? 

756
00:38:45,160 --> 00:38:47,920
Commodities. 
Was it commodities? 

757
00:38:48,440 --> 00:38:50,800
Where's commodity? 
Oh yeah, the commodity stuff, 

758
00:38:50,800 --> 00:38:53,720
yeah. 
So wasn't that like I, I posted 

759
00:38:53,720 --> 00:38:56,600
the video yesterday and a lot of
people seem to say like, oh, 

760
00:38:56,600 --> 00:38:58,080
it's happened multiple times but
like. 

761
00:38:58,360 --> 00:39:00,880
Yeah, it's starting. 
There's new news necessarily 

762
00:39:01,920 --> 00:39:03,920
because he's mentioned that 
Ethan Bickerman are both 

763
00:39:04,560 --> 00:39:07,440
commodities and that's 70 to 80%
in the market roughly. 

764
00:39:08,360 --> 00:39:14,280
I think what was like Ethan is 
like 17% market dominance or 18%

765
00:39:14,440 --> 00:39:16,360
in bitcoins, 55%. 
So it's about that. 

766
00:39:16,880 --> 00:39:18,840
I don't know what how did you 
get what's, what's your read on 

767
00:39:18,840 --> 00:39:21,680
that, Tyler? 
The news was this ruling in this

768
00:39:21,680 --> 00:39:25,160
Illinois court case where the 
judge ruled that Bitcoin and 

769
00:39:25,160 --> 00:39:28,120
Ethan, I think other tokens are,
are commodities. 

770
00:39:28,880 --> 00:39:31,480
And then the CFTC chair just 
basically said that that 

771
00:39:31,480 --> 00:39:34,280
happened. 
I think in in this in this 

772
00:39:34,280 --> 00:39:36,560
speech he was giving. 
So agree with me. 

773
00:39:36,560 --> 00:39:38,920
And I'm not necessarily like 
wholesale news and not 

774
00:39:39,000 --> 00:39:43,400
surprising that the the head of 
the commodities Commission, you 

775
00:39:43,400 --> 00:39:46,000
know, wants to take ownership of
these assets. 

776
00:39:46,640 --> 00:39:47,880
I think we've just kind of seen 
this coming. 

777
00:39:47,880 --> 00:39:51,040
The other part of this is that 
it's not even I was reading like

778
00:39:51,040 --> 00:39:53,360
the the decrypt article actually
had a good write up on this. 

779
00:39:54,080 --> 00:39:57,040
It it's not this ruling in 
Illinois isn't even binding in 

780
00:39:57,040 --> 00:39:59,400
the state of Illinois, let alone
the rest of the country. 

781
00:39:59,400 --> 00:40:02,320
So like this is not like 
submitted, it's decrypt. 

782
00:40:03,400 --> 00:40:06,120
Funding right now, I think. 
They're they're giving an 

783
00:40:06,120 --> 00:40:07,760
objective level headed take I 
guess. 

784
00:40:08,080 --> 00:40:11,440
That's OK, fine. 
Bullish, bullish decrypt doing 

785
00:40:11,440 --> 00:40:12,880
that, then bullish decrypt doing
that. 

786
00:40:12,880 --> 00:40:14,960
This is article, right? 
CFCC chairman says Bitcoin and 

787
00:40:14,960 --> 00:40:15,920
three of our commodities is 
closed. 

788
00:40:16,920 --> 00:40:19,480
We affirmed it, but it's not, 
you know, binding. 

789
00:40:19,480 --> 00:40:20,680
So that that's actually what it 
is, right? 

790
00:40:20,920 --> 00:40:23,720
A recent federal court decision 
reaffirmed the status on top of 

791
00:40:23,720 --> 00:40:26,160
the top two cryptocurrencies, 
but it's not a binding 

792
00:40:26,160 --> 00:40:28,280
precedent. 
Andre, we'll have to talk about 

793
00:40:28,280 --> 00:40:32,360
this after I'm just kidding. 
But no, you're right, it's good.

794
00:40:32,360 --> 00:40:35,680
But look, narratives, I'm a, I'm
a big narratives guy. 

795
00:40:35,680 --> 00:40:36,800
Big. 
Narratives. 

796
00:40:37,240 --> 00:40:42,560
Guy OK, And the narrative drives
price anyway, so that was that. 

797
00:40:42,560 --> 00:40:45,520
And then the other thing and the
last thing was really fire 

798
00:40:45,520 --> 00:40:47,280
dancers. 
We got more news again on fire 

799
00:40:47,280 --> 00:40:49,160
dancers because we covered that 
the test. 

800
00:40:49,520 --> 00:40:50,920
It was a test the. 
First, I think we covered it 

801
00:40:50,920 --> 00:40:51,560
yesterday. 
I think. 

802
00:40:51,560 --> 00:40:52,040
I think we could. 
We. 

803
00:40:52,080 --> 00:40:54,240
Covered it yesterday, right? 
Was there something other than 

804
00:40:54,240 --> 00:40:55,240
that? 
No. 

805
00:40:55,600 --> 00:40:57,000
No, OK. 
That was it. 

806
00:40:57,000 --> 00:40:59,080
And I just, I took the 
opportunity yesterday just to 

807
00:40:59,080 --> 00:41:01,240
explain what it is. 
It's on my Twitter page because 

808
00:41:01,240 --> 00:41:03,960
I feel like it's one of those 
things, I was just earlier on 

809
00:41:03,960 --> 00:41:06,440
the show, like you, you took a 
few seconds for us to talk about

810
00:41:06,440 --> 00:41:07,760
like Rick Cuts and why that 
matters. 

811
00:41:08,120 --> 00:41:10,280
I feel like everyone is talking 
about Fire Dancer and I feel 

812
00:41:10,280 --> 00:41:14,520
like huge swaths of CT probably 
don't know why do why don't. 

813
00:41:14,960 --> 00:41:16,960
You explain it that way, we'll 
clip it in the back end. 

814
00:41:16,960 --> 00:41:18,320
Why don't you explain to that to
the world? 

815
00:41:18,320 --> 00:41:19,880
Why Fire dancer Super bullish 
Solana? 

816
00:41:20,600 --> 00:41:24,480
Yeah, So Fire Dancer is 
validator client software used 

817
00:41:24,480 --> 00:41:27,520
to run nodes and power the 
Solana blockchain. 

818
00:41:27,520 --> 00:41:30,320
It's hallmark is high 
performance, it leverages 

819
00:41:30,320 --> 00:41:34,280
sharding to enable Max 
transactions per second up to 

820
00:41:34,280 --> 00:41:37,640
1,000,000, and it's developed by
Jump Crypto. 

821
00:41:37,640 --> 00:41:41,240
It uses C++, so foundationally 
validators are critical for 

822
00:41:41,240 --> 00:41:43,400
processing blocks on the 
blockchain. 

823
00:41:43,400 --> 00:41:47,520
That's how blockchains work. 
And now Solana node operators 

824
00:41:47,520 --> 00:41:50,880
have a shiny new software option
to choose from. 

825
00:41:50,880 --> 00:41:53,080
So why it matters? 
A couple core reasons. 

826
00:41:53,080 --> 00:41:56,680
So 1 speed and power. 
So this is orders of magnitude 

827
00:41:57,120 --> 00:42:00,520
upgrade over the current TPS on 
Solana and other chains. 

828
00:42:00,520 --> 00:42:05,440
So currently I want to say 
Solana is at like 5000 TPSVC 

829
00:42:05,480 --> 00:42:07,520
Visas network. 
So if you compare it to other 

830
00:42:07,640 --> 00:42:11,800
global payment processors, Visa 
is at 65,000 and vitancer is 

831
00:42:11,800 --> 00:42:13,400
going to be a million. 
And then if you compare it to a 

832
00:42:13,400 --> 00:42:17,280
theorem, your theorem is 22 TPS.
So that that gives you a sense 

833
00:42:17,360 --> 00:42:18,800
of the scale. 
Then there's the 

834
00:42:18,800 --> 00:42:23,480
decentralization component. 
So the more software validator 

835
00:42:23,480 --> 00:42:27,600
options that node operators can 
choose from, the better it it 

836
00:42:27,600 --> 00:42:31,960
lowers the impact if there are 
bugs or attacks because there 

837
00:42:31,960 --> 00:42:34,200
will be backup options that you 
can revert to. 

838
00:42:34,200 --> 00:42:36,600
And then it also just adds 
additional programming 

839
00:42:36,600 --> 00:42:39,520
languages. 
So it it's some devs like C++ 

840
00:42:40,120 --> 00:42:42,840
over Rust, they now have that 
option to choose from. 

841
00:42:42,840 --> 00:42:47,080
So that's a a quick overview of 
why it matters. 

842
00:42:47,080 --> 00:42:50,240
I think the whole 
decentralization factor can be 

843
00:42:50,240 --> 00:42:52,400
debated. 
I think bread guy did a post 

844
00:42:52,400 --> 00:42:56,720
yesterday saying that basically,
if if this new client is that 

845
00:42:56,720 --> 00:42:58,200
much better, won't everyone just
fly? 

846
00:42:58,880 --> 00:43:01,960
That's a a longer argument. 
But like the pure raw speed 

847
00:43:01,960 --> 00:43:07,680
here, I mean, it, it's an orders
of magnitude upgrade and see 

848
00:43:07,680 --> 00:43:11,120
Solana do these these global 
payment processors. 

849
00:43:11,120 --> 00:43:14,560
And that's a big part of what 
Solana seems to be like working 

850
00:43:14,560 --> 00:43:16,880
towards. 
I mean, if it's faster than 

851
00:43:16,880 --> 00:43:20,320
Visa, that does, you know, give 
it a, you know, a leg to stand 

852
00:43:20,320 --> 00:43:20,560
on. 
Yeah. 

853
00:43:21,320 --> 00:43:23,960
I know 100% that was one of the 
main reasons why we obtained in 

854
00:43:23,960 --> 00:43:26,160
Q4 last year. 
I mean, Mando, you start with 

855
00:43:26,160 --> 00:43:30,720
fire dancer non-stop. 
I was like, I bet remember they 

856
00:43:30,720 --> 00:43:32,280
got this fire dancer thing is 
going to be the narrative. 

857
00:43:32,280 --> 00:43:34,360
It's going to be so good. 
Like fuck it, let's go age well.

858
00:43:34,480 --> 00:43:37,880
But you know, so that was I'm 
excited to see it come to to 

859
00:43:37,880 --> 00:43:41,360
fruition here. 
And so I thought also like, and 

860
00:43:41,360 --> 00:43:43,880
to close off on that, I mean, 
while everybody's getting mugged

861
00:43:43,880 --> 00:43:47,560
in Brussels, I thought AJ from 
Arbitrum often I have some good 

862
00:43:47,560 --> 00:43:52,360
thoughts about what he kind of 
put like the, the feeling ECC. 

863
00:43:52,360 --> 00:43:54,560
You've seen a lot of like empty 
rooms at ECC, but also heard 

864
00:43:54,560 --> 00:43:57,160
about a lot of the other stuff. 
But he wrote a he wrote 

865
00:43:57,160 --> 00:43:59,960
something about like what's 
actually going down, What went 

866
00:43:59,960 --> 00:44:02,360
down? 
He wrote Brussels wasn't my 

867
00:44:02,360 --> 00:44:04,000
favorite city, but it wasn't, it
was nice. 

868
00:44:04,000 --> 00:44:05,600
Everything was walkable and the 
beer was good. 

869
00:44:05,840 --> 00:44:07,080
Damn right, the beer is good 
over there. 

870
00:44:07,520 --> 00:44:09,760
But he goes but something they 
pointed out, it's something we 

871
00:44:09,760 --> 00:44:11,440
talked about a lot. 
Still not enough apps. 

872
00:44:12,120 --> 00:44:14,720
I probably heard 10X the number 
of interoperability cross chain 

873
00:44:14,720 --> 00:44:17,280
providing idea proving ideas 
compared to novel user 

874
00:44:17,280 --> 00:44:19,400
applications. 
Normal business models are still

875
00:44:19,400 --> 00:44:21,680
considered inappropriate which 
leads to unnecessarily 

876
00:44:21,680 --> 00:44:26,520
complicated architecture. 
A lot of L2 chain launch 

877
00:44:26,520 --> 00:44:29,040
fatigue, but the interesting 
opportunities remain on teams 

878
00:44:29,040 --> 00:44:31,760
that want to do something novel,
not a branded plain vanilla 

879
00:44:31,760 --> 00:44:33,640
chain. 
Not enough people are aware of 

880
00:44:33,640 --> 00:44:36,080
the power of arbitrary stylist. 
Community acquisition is 

881
00:44:36,080 --> 00:44:39,040
becoming harder and harder to 
fake via incentives. 

882
00:44:39,320 --> 00:44:41,400
The sophistication of the 
arbitrary dial was grown 10X in 

883
00:44:41,400 --> 00:44:43,360
the year. 
I remember the failed camel 

884
00:44:43,360 --> 00:44:44,720
proposal a year ago and it's 
awesome. 

885
00:44:44,720 --> 00:44:46,440
C structure is being created. 
So I don't know. 

886
00:44:46,440 --> 00:44:49,280
We've been kind of like covering
ish what's going on Brussels. 

887
00:44:49,280 --> 00:44:52,360
That was the latest thing I saw 
today, but I didn't see that 

888
00:44:52,360 --> 00:44:56,960
much come out of ETC compared 
like I feel like the other 

889
00:44:56,960 --> 00:45:01,200
summers I always like saw some 
like you know what I mean? 

890
00:45:02,320 --> 00:45:04,880
Well, this time last year what 
we were. 

891
00:45:05,440 --> 00:45:09,200
Their market, yeah. 
Where were we in terms of the 

892
00:45:09,400 --> 00:45:14,640
burn? 
I guess like we still had some 

893
00:45:14,640 --> 00:45:17,160
updates to come. 
I don't really know what the 

894
00:45:17,160 --> 00:45:20,360
next upgrade for ETH is going to
be like. 

895
00:45:20,360 --> 00:45:24,120
We hadn't we hadn't done the 
recent upgrades with the L twos 

896
00:45:24,120 --> 00:45:25,240
like that. 
That hadn't happened. 

897
00:45:25,240 --> 00:45:26,760
That's what a lot of people were
talking about. 

898
00:45:26,760 --> 00:45:29,960
You know, the L twos were going 
to be the trade now. 

899
00:45:29,960 --> 00:45:34,640
Like I saw a Vitalik gave a 
speech about the future, but it 

900
00:45:34,640 --> 00:45:38,400
was a largely focused on things 
like staking and security 

901
00:45:38,400 --> 00:45:40,480
attacks. 
Like really, really focused on 

902
00:45:40,480 --> 00:45:46,080
the the resilience of ETH as 
base layer from a security 

903
00:45:46,760 --> 00:45:49,800
standpoint. 
There's not a lot of focus on 

904
00:45:49,800 --> 00:45:53,640
like how do we get if to the 
same TPS as Solana? 

905
00:45:53,640 --> 00:45:57,960
Yeah, I think that's that's 
that's what I came away from it 

906
00:45:59,080 --> 00:46:02,440
thinking the the focus seems to 
be on resilience. 

907
00:46:03,400 --> 00:46:06,040
OK, Yeah, because I didn't see 
you know, I I thought I'd see a 

908
00:46:06,040 --> 00:46:08,720
lot more I mean, but but not 
much. 

909
00:46:08,720 --> 00:46:11,520
I guess you know we're re lining
up for token I guess for when 

910
00:46:11,520 --> 00:46:14,880
it's probably going to be the 
better market environment token 

911
00:46:14,880 --> 00:46:17,120
2049 and maybe we would see more
there. 

912
00:46:17,120 --> 00:46:19,640
But I don't know. 
I just thought, I just thought 

913
00:46:19,640 --> 00:46:22,560
it was kind of not being there 
was kind of underwhelming us 

914
00:46:22,560 --> 00:46:26,360
some more tweets about or shit 
posts about the mugging than 

915
00:46:26,520 --> 00:46:30,480
than than like. 
I saw that Lucanetz had his 

916
00:46:30,480 --> 00:46:31,920
passport stolen. 
Dude. 

917
00:46:32,080 --> 00:46:35,760
That just Lucanetz had his 
passport stolen inside of his 

918
00:46:35,760 --> 00:46:39,800
own bedroom. 
Like. 

919
00:46:40,320 --> 00:46:42,400
That's the first thing that this
is the first tweet I saw when I 

920
00:46:42,400 --> 00:46:43,280
woke up this morning. 
Man. 

921
00:46:43,280 --> 00:46:44,560
Though actually it's funny you 
bring it up. 

922
00:46:44,800 --> 00:46:46,760
Someone stole my passport from 
my hotel room. 

923
00:46:46,880 --> 00:46:48,800
U.S. embassy says I won't get my
passport until Monday. 

924
00:46:48,800 --> 00:46:50,360
I'm a Fisher Brussels community 
member. 

925
00:46:51,320 --> 00:46:54,600
That's funny, but it's wild, 
he's saying. 

926
00:46:55,520 --> 00:46:56,920
That's hilarious. 
That's a great post. 

927
00:46:57,240 --> 00:46:59,920
That's a great post, but did I 
didn't know? 

928
00:47:00,160 --> 00:47:02,040
I've never been to Belgium man. 
Have you been to Belgium? 

929
00:47:02,040 --> 00:47:05,560
I didn't know it was like that. 
Well, we just, we did it 

930
00:47:05,560 --> 00:47:07,680
yesterday, right? 
We did the crime statistics, I 

931
00:47:07,680 --> 00:47:10,080
think. 
I know, but I'm so surprised. 

932
00:47:10,240 --> 00:47:12,960
Like you know what I told you? 
Something this morning about it,

933
00:47:13,520 --> 00:47:15,160
who's there? 
Because I had AI had a call with

934
00:47:15,160 --> 00:47:17,880
somebody. 
No, this comment is crazy. 

935
00:47:22,720 --> 00:47:25,840
Yeah, they said it was. 
It was bad in the centre. 

936
00:47:26,200 --> 00:47:29,000
Of OK. 
In the centre of Brussels, 

937
00:47:29,080 --> 00:47:32,080
particularly very bad. 
They probably also know there's 

938
00:47:32,080 --> 00:47:35,760
like a massive conference of a 
bunch of rich crypto folk or 

939
00:47:35,760 --> 00:47:38,360
imaginary rich crypto folk, and 
they probably target that even 

940
00:47:38,360 --> 00:47:41,760
more, right? 
Yeah, but I think it's like a 

941
00:47:42,080 --> 00:47:44,640
like it's a city issue. 
It's not just a a conference 

942
00:47:44,640 --> 00:47:47,360
issue. 
I think that Paris, you know, a 

943
00:47:47,360 --> 00:47:50,320
few of the German cities, 
they're they're a lot of I know,

944
00:47:50,320 --> 00:47:51,880
but. 
Like NFT Paris and Paris boxer. 

945
00:47:51,880 --> 00:47:53,480
We can't hear anybody get mugged
though. 

946
00:47:53,480 --> 00:47:55,080
Paris is not the safest city 
anymore. 

947
00:47:55,640 --> 00:47:58,960
Paris I think is really 
dangerous recently, Like when I 

948
00:48:01,000 --> 00:48:03,560
it's like. 
Yeah, yeah, I agree with you, 

949
00:48:03,560 --> 00:48:06,000
but I don't know, like my 
girlfriend was last time she got

950
00:48:06,000 --> 00:48:08,760
here on her own. 
I walked around Paris solo where

951
00:48:08,760 --> 00:48:13,400
she people multiple times were 
good and then ETC. 

952
00:48:13,840 --> 00:48:16,280
It's like 20 posts of people 
getting the shit stolen. 

953
00:48:16,680 --> 00:48:19,800
Yeah, maybe put your passport in
the safe next time. 

954
00:48:19,800 --> 00:48:21,200
Oh damn it.