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Sam Rock Radio. yo-yo, yo-yo, 
yo. 

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What up? 
What up? 

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Good morning. 
Good morning. 

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G MG EH Tuesday October set 
October up up October up Tober 

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17 out 2023. 
Look at that. 

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Another beautiful day to have a 
beautiful day. 

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I got my co-host in the house. 
OSPF Mando. 

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Hi all doing. 
How you feeling today when you 

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water? 
Feel good? 

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Ohh wait. 
Doing it. 

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Can you hear my audio? 
Well, perfectly actually. 

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OK, good. 
Good. 

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Good man. 
Yeah, good. 

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Sound good? 
We can see your chest. 

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Really. 
Chat. 

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Really. 
Shit. 

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With the with your opponent 
coming up, we need to, we need 

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to go straight into that, by the
way, we need to go straight into

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that. 
I'm OK with that. 

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You please open up. 
So SF attempts to do some like 

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shit talk with his opponent 
actually seem too many draws an 

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art piece. 
I'll pull it up. 

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Yeah, let's bring it up. 
But yeah, keep explaining it. 

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We need to talk about this. 
You know, no stuff isn't good at

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this. 
So he's he's, he's done an art 

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piece as his like, first foray 
into the attack. 

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His opponent is clapped back 
essentially in the comments, and

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then OSF has just decided to 
agree with him that there's no 

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chance that he would knock him 
out in the first round. 

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So here it is. 
This is a this is obvious piece,

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which actually is fire. 
It's OV sleeping, whoever that 

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other guy. 
I still don't know who it is 

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and. 
Dev just I don't know. 

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Stocks there. 
Come on, man. 

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He's ducked. 
Yeah yeah it's OK. 

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And then so he's sleeping him on
the sorry on the on the artwork 

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and then dark stuff says almost 
zero I'd say. 

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But the gift is cool. 
So are the odds of him killing 

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him right and all He says Ohh, 
just realise it looks like I'm 

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wearing a dress. 
Classic. 

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Just now you have have no future
in the UFC. 

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You have no future as a 
professional boxer. 

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This is, this is what you're 
gonna bring to the table. 

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This talk is like 90%. 
Of the Look at what Dylan 

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Dallas, Dennis just did for like
3 months. 

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That's how you sell a fight, you
know? 

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I mean, he did embarrass. 
Himself, Dillon Danis, like many

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energy projects, is the epitome 
of over promising and under 

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delivering. 
And that is true. 

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Opposite. 
That is true. 

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That over deliver now. 
I mean, yeah. 

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I mean listen. 
You're the opposite. 

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We're gonna hope that you're the
complete opposite. 

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Yeah, yeah, yeah, definitely. 
Listen, I saw that. 

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I sent it in the group chat 
immediately. 

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Here's the broadcast link. 
Thank you Sir. 

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And and I and you know I I went 
to bed after sending that you 

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know and I I don't know we'll 
we'll work on it's OK At least 

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he has us right He's got he's 
got you and I to do all the shit

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talking for him. 
I feel like that's. 

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I feel like it's at this stage, 
Mando, it's it's like you nice 

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jobs. 
Best friend dog. 

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It's the best friend all can 
coming. 

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He's going to be your own 
regularly out to Dubai, you 

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know, Christmas, all of the 
holiday period, just just out 

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with him. 
I feel like we have to to be 

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there with him. 
We have to take him into that. 

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I want to like, almost like go 
out there and like jump in the 

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ring at the end like, I don't 
know, like punch someone in the 

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face. 
For sure. 

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For sure, like, I feel like I 
need to do something like that. 

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Maybe that way I get AI land the
fight as well, which will force 

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me to get in like insane shape 
like like Ovie. 

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I kind of feel like committing 
to a fight, just so I have to 

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like getting like the best shape
of my. 

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Life, it's the if there's one 
thing that forces you to just 

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go, like for sure crazy. 
I mean, to me, I've been, I've 

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been on the pints and eating 
food, junk food and stuff. 

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So it's. 
Hasn't really worked. 

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But wait, yeah, it's true, 
right? 

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You're you're only eating junk 
food. 

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And yeah, yeah, yeah, totally. 
It's just totally just just. 

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Hitting the Burger King, Yeah. 
By the way, is this? 

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Is this more chit chat? 
Is this more so? 

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By the way, you guys joined the 
Twitter space real quick. 

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Do me a favour but hold on. 
Ohh wait, did you did you go, 

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did you go with Burger King or 
or McDonald's the other day? 

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Hold that thought, I'm gonna 
switch to Firefox. 

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I think my thing is low again. 
Ohh it's crazy cause you sounds 

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perfect to me. 
I guess it's like a we we 

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googled it by the way for 
everyone wondering like we 

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actually looked into it with 
Sims. 

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It's actually YouTube problem. 
It's not like on our end it's 

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like a YouTube thing. 
I gotta I gotta say I really 

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like this sliding. 
I'm back to my usual lighting. 

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It feels good, like. 
You look good, man. 

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You look good. 
You look, you look healthy. 

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Yeah, I'm. 
I'm almost there for. 

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The answer thanks for it looks 
right as well, but. 

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Yeah, you're just fucking 
looking huge at the moment man. 

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Massive. 
I think the boys that, that the 

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boys are, the boys are just, you
know the boys are out here you 

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know they haven't stopped 
working throughout the bear and 

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and they can taste. 
They got a first taste of the 

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bull yesterday, so they'll. 
I can't believe you managed to 

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fuck that one up. 
Right. 

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That that'll be, that'll be a 
good story one. 

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Day, hearing the news and then 
going 1000 X. 

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It's your new tactic for making 
money. 

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Tiny X ohh never do 1000 but I I
I got I got obliterated like 

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within like 5 minutes. 
Ohh. 

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Yeah. 
Ohh God. 

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Yeah. 
Anyway OK, OK. 

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So let me let me let me know. 
Let me OK, look this is OK. 

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Stop. 
OK. 

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OK. 
Let's let's just. 

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OK whatever. 
OK you know why Cause my each 

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bag and my spot bags are doing 
well so at least yeah and those 

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are the bigger bags so that's 
fine. 

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Thankfully we only we only 
leverage trade with like a 

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fraction of the bag so we're 
fine right. 

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So definitely don't. 
I don't want people to saying 

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that you know I'm I'm like I do 
this stuff I already learned my 

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lesson with NFT's and so so 
definitely we're definitely not 

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going there and and you know 
anyways I do have a hole in my 

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wall that serves as a lesson I 
still haven't patched it. 

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I gotta make sure I do that for 
him to vacate this apartment in 

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the next year. 
But anyways, today on the show 

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to day-to-day market update up 
towards October is back I think.

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So Cointelegraph apologises, but
right before we saw clip live or

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the editor in chief on a panel. 
With who? 

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Mario Awful. 
That's lighting people. 

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So you have Clown Telegraph and 
Mario Awful on the same panel 

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and she's telling people. 
Anyways, we'll talk about the 

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gaslighting followed by the 
apology. 

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Third topic, Black Rock CEO is 
bullish Bitcoin. 

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Of course, the rally today is 
about flight to quality. 

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He must have not been on 
Twitter. 

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It's OK, we'll give that to him 
because he's right, You know it 

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is a flight to quality. 
Fourth topic. 

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FTX clients may be able to 
reclaim their money, may receive

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$9 billion shortfall claim. 
So that's some pretty positive 

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news coming out of the whole FTX
debacle if you were a client of 

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theirs. 
I'm not sure if it's US or not, 

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but we talking about this. 
And then, last but not least, 

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Ferrari. 
Ferrari takes crypto. 

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But when? 
Lambeau. 

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So here's your top picks for 
today. 

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That's the show. 
And alright, it's clever. 

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This show is powered by 
cracking. 

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Check him out. cracking.com/rug 
radio. 

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And if you want to check him 
out, just click on the link. 

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Yeah, thank you very much. 
Do your boys a favour. 

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I cannot wait. 
I leave tomorrow morning 

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travelling again. 
It's getting a little 

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exhausting, but this one's worth
it. 

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So I'll be on a flight 7:30 AM 
to Austin, TX to. 

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Megan, I love you out there. 
Yeah man. 

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Austin, TX I got I got my cowboy
boots ready bro. 

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I I'm gonna get a cowboy hat 
cowboy boots, thread guy and I 

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imagine three guy out there 
especially with this like crazy 

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looking pants. 
They're gonna love that or. 

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Yeah, you Are you staying in the
dress school again? 

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No, never again. 
I'm not staying at a hotel 

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where, like, I run from the 
elevator to my bedroom because 

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I'm scared of getting, like, 
attacked by a ghost. 

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Like, it's not happening ever 
again, that's for sure. 

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I'm saying whatever hotel like 
they decide to that we're going 

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to be staying at. 
It's like that, but it's going 

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to be. 
And because we get to actually 

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interview tomorrow, both drivers
from Williams. 

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I've never interviewed the F1 
driver. 

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Yeah, should be coming. 
They have two good drivers, 

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Sergeant and Albon. 
So should be a, should be, 

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should be, should be. 
A lot of. 

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Fun Yeah album in in France. 
He was by Monaco. 

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Just outside he was telling with
his girlfriend. 

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Ohh no way. 
Well, I'll be asking him what he

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was doing there tomorrow if you 
want my friends started. 

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You knew I was, but you know who
my friend is like you were like 

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you met. 
Him. 

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00:09:01,550 --> 00:09:03,600
Do you know he sold apes at the 
top? 

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Like like, do you know? 
That just opened with that, I 

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think, OK, I'm gonna go to him 
and I'll be like, yo, my friend 

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spotted you in the South of 
France. 

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And like, as and like, did you 
know he sold eight for like $10 

187
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million? 
And he'll be like, whoa, dude, 

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that's sick, right? 
This is actually. 

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Anyways, I can't wait to. 
See the cowboy boots? 

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I think it's. 
I think it's a real actually, I 

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actually can't wait to see the 
NFT on the back of the wing. 

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I think that's fire and they 
managed to get broader gremlins 

193
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on the car, so on the side of 
the car. 

194
00:09:36,870 --> 00:09:38,940
It's gonna get Alvin smoking 
crack. 

195
00:09:41,580 --> 00:09:46,270
Not allowed to say that or yeah,
whoa whoa, ohh, you totally are 

196
00:09:46,340 --> 00:09:48,210
say that. 
Hold on, I don't think there's 

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00:09:48,220 --> 00:09:50,430
anything wrong with that. 
Anyway, So without further ado, 

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let's get this party started. 
So topic #1, market update. 

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Bitcoin spiked 10% yesterday, 
obviously on the news of the the

200
00:09:56,980 --> 00:10:01,280
ETF being officially through for
Black Rock, obviously that was 

201
00:10:01,290 --> 00:10:03,130
debunked right away. 
We talked about it on the show. 

202
00:10:03,140 --> 00:10:05,460
It was very chaotic. 
Sorry about that everyone, but 

203
00:10:06,090 --> 00:10:09,480
the dust settled, market went 
back down to 27 something and 

204
00:10:09,490 --> 00:10:12,600
then it started pumping again. 
So Ovi, what happened there? 

205
00:10:13,720 --> 00:10:16,810
Um. 
The repump. 

206
00:10:16,860 --> 00:10:19,790
The repump. 
You know what that really felt 

207
00:10:19,800 --> 00:10:20,830
like? 
That felt like I was back in 

208
00:10:20,840 --> 00:10:22,220
school and I wasn't paying 
attention. 

209
00:10:22,230 --> 00:10:24,610
The teacher, like, asked me a 
question because they saw me not

210
00:10:24,620 --> 00:10:26,290
paying attention. 
They go over what happened there

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00:10:26,300 --> 00:10:29,930
that really, really, really got 
400 days hosting together. 

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00:10:30,550 --> 00:10:32,290
I really got those vibes. 
It was like a test. 

213
00:10:32,300 --> 00:10:36,320
It's like a challenge, but. 
There's only three people on 

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00:10:36,330 --> 00:10:38,110
this podcast. 
No, I know, I know. 

215
00:10:38,120 --> 00:10:42,340
But it's just like love this. 
It was just like the the tone of

216
00:10:42,350 --> 00:10:44,300
it was like, yeah, what happened
there? 

217
00:10:45,110 --> 00:10:46,540
You just checking out your 
muscles? 

218
00:10:46,590 --> 00:10:49,180
Have you guys never know who I'm
gonna go through first like? 

219
00:10:50,080 --> 00:10:55,170
Yeah, so the reason why I think 
we repumped was because we got a

220
00:10:55,180 --> 00:10:59,970
taste, a glimpse of the future. 
We got a little taste like 

221
00:11:00,010 --> 00:11:03,430
Bitcoin, which to what, 30, it 
was 30K on Binance, but it was 

222
00:11:03,440 --> 00:11:08,530
like up to 30.7 K range between 
30 and 30.7 K across different 

223
00:11:08,540 --> 00:11:11,070
exchanges. 
And then I think the headlines 

224
00:11:11,080 --> 00:11:13,510
are refuted very quickly and it 
got sold back down. 

225
00:11:13,520 --> 00:11:16,310
But I think people got a taste 
of like, wow, this isn't 

226
00:11:16,320 --> 00:11:18,500
actually priced in, you know, 
this isn't actually priced in. 

227
00:11:18,510 --> 00:11:20,850
And we will move on this and 
that. 

228
00:11:20,930 --> 00:11:25,100
Just showed us what the like few
seconds or few minute move would

229
00:11:25,110 --> 00:11:28,090
be and it hasn't told us what 
the move beyond that could be. 

230
00:11:28,160 --> 00:11:30,330
And yes, there is an argument 
say that would be the first move

231
00:11:30,340 --> 00:11:32,270
and get sold back down and we 
just don't really move. 

232
00:11:32,280 --> 00:11:35,170
But the the converse could be 
well actually we keep going 

233
00:11:35,180 --> 00:11:37,330
higher and higher and higher and
you know there are people out 

234
00:11:37,340 --> 00:11:39,820
there who you know people like 
Farooq who bought into that 

235
00:11:39,830 --> 00:11:42,300
because he believed it would go 
higher. 

236
00:11:42,310 --> 00:11:44,890
I think plenty of people do 
genuinely believe that. 

237
00:11:44,900 --> 00:11:47,630
So I think, you know, a lot of 
shorts got liquidated. 

238
00:11:49,050 --> 00:11:53,200
A lot of a lot of longs but like
Ohh shit it would actually move 

239
00:11:53,250 --> 00:11:55,490
bounced back down. 
Maybe I have a chance to 

240
00:11:55,500 --> 00:11:58,280
actually add some risk here 
before the headlines become 

241
00:11:58,290 --> 00:12:00,960
official because the expectation
is still that it will become 

242
00:12:00,970 --> 00:12:04,120
official. 
So I think that's why we, you 

243
00:12:04,130 --> 00:12:06,690
know, we've stayed strong and 
you know, even before those 

244
00:12:06,700 --> 00:12:08,800
headlines, remember Bitcoin 
already had some strength and 

245
00:12:08,810 --> 00:12:12,100
was strong and and now I think 
there's an increased expectation

246
00:12:12,110 --> 00:12:14,850
that this thing is going to get.
Gonna get approved. 

247
00:12:14,860 --> 00:12:18,180
I still think the 1st. 
We'll hear from them. 

248
00:12:18,190 --> 00:12:21,240
We'll probably be the 10th of 
January, but if it's not the 

249
00:12:21,250 --> 00:12:23,550
10th of January, then it's an 
early surprise. 

250
00:12:23,560 --> 00:12:25,430
It's a good thing. 
It's positive thing hopefully if

251
00:12:25,440 --> 00:12:26,880
it's approved. 
Obviously if it's not then it's 

252
00:12:26,890 --> 00:12:29,210
not good, but it seems like it's
really only Bitcoin, right? 

253
00:12:29,260 --> 00:12:32,310
Like I'm looking back at the 
coin market cap right now and 

254
00:12:32,320 --> 00:12:35,230
like you have your theorems back
under 1600 and it's down on the 

255
00:12:35,240 --> 00:12:38,740
daily and the rest of the tokens
also are not like up crazy. 

256
00:12:38,750 --> 00:12:41,060
Besides Solana that really 
performed pretty well over the 

257
00:12:41,070 --> 00:12:42,290
last 24 hours. 
But. 

258
00:12:43,180 --> 00:12:45,950
I think maybe people are front 
running this whole thing, like 

259
00:12:45,960 --> 00:12:48,050
maybe they're, you know, people 
have started buying. 

260
00:12:48,170 --> 00:12:51,430
People started buying Bitcoin 
inside on Monday morning, which 

261
00:12:51,440 --> 00:12:55,930
is the first working day after 
the SEC did not appeal the 

262
00:12:55,940 --> 00:12:58,990
decision. 
So there are probably the safest

263
00:12:59,000 --> 00:13:01,550
bet right now if you want to 
play this is to buy Bitcoin. 

264
00:13:01,700 --> 00:13:05,110
And we already got a taste of 
where it could go if it weren't 

265
00:13:05,120 --> 00:13:06,470
higher. 
So I think you know, if you're 

266
00:13:06,480 --> 00:13:11,190
not, if you're not a traditional
crypto investor and you're a 

267
00:13:11,240 --> 00:13:13,600
macro guy, you're like, well, 
how do I play this? 

268
00:13:13,610 --> 00:13:17,110
I've already seen like there 
could be a 10% move on this 

269
00:13:17,120 --> 00:13:19,010
news, which is a big move in 
traditional finance. 

270
00:13:19,140 --> 00:13:23,670
So like maybe Bitcoin is think 
to buy and then I think as as 

271
00:13:23,680 --> 00:13:26,150
that keeps going higher you will
see it pull up other crypto 

272
00:13:26,160 --> 00:13:28,250
along with it. 
Like don't forget that ARC has 

273
00:13:28,260 --> 00:13:32,130
also filed for a spot ETF and 
there are other spot ETF 

274
00:13:32,450 --> 00:13:35,220
applications out there as well. 
And it's just like Bitcoin is 

275
00:13:35,230 --> 00:13:38,820
the first mover and if that move
holds and people gain confidence

276
00:13:38,830 --> 00:13:42,140
within crypto again, then you 
will start to see other stuff 

277
00:13:42,150 --> 00:13:46,730
move as people try and seek more
beta and and more returns 

278
00:13:46,740 --> 00:13:48,980
outperform Bitcoin. 
And then as people try to 

279
00:13:48,990 --> 00:13:50,990
outperform people look at other 
coins and then. 

280
00:13:51,090 --> 00:13:53,400
Eventually you see people look 
at T that that's that that I 

281
00:13:53,410 --> 00:13:55,160
think is the the trickle down 
effect. 

282
00:13:55,170 --> 00:14:00,140
But we're right at the beginning
of that process in motion so far

283
00:14:00,150 --> 00:14:03,170
as like people are still 
questioning not us because we're

284
00:14:03,180 --> 00:14:05,860
within crypto, but the greater 
world is still questioning their

285
00:14:05,870 --> 00:14:08,180
confidence within crypto after 
everything that happened with 

286
00:14:08,190 --> 00:14:10,680
FTX, 3C in Celsius and Voyager 
etcetera. 

287
00:14:10,690 --> 00:14:12,500
So we're right at the beginning 
of that. 

288
00:14:12,570 --> 00:14:15,450
But if they can gain confidence 
in Bitcoin and that is the first

289
00:14:15,460 --> 00:14:17,720
thing that people will start 
buying, then you will start to 

290
00:14:17,730 --> 00:14:21,620
see it spread towards towards 
other coins and I think you 

291
00:14:21,630 --> 00:14:22,770
will. 
To actually see other coins out,

292
00:14:22,780 --> 00:14:26,330
perform and that's just a cycle.
That will just be the next cycle

293
00:14:26,340 --> 00:14:28,470
I think. 
Yeah this is great. 

294
00:14:28,660 --> 00:14:31,190
This is great breakdown. 
I agree on the trickle down 

295
00:14:31,200 --> 00:14:35,050
thanks for the slide little jab 
in the middle of that but it's 

296
00:14:35,060 --> 00:14:37,650
true like people are gonna run 
to place longs and do all these 

297
00:14:37,660 --> 00:14:39,380
sorts of things right. 
If it wasn't for fake news I'd 

298
00:14:39,390 --> 00:14:42,240
be cooking. 
So you know so that you know 

299
00:14:42,250 --> 00:14:44,310
that would have probably 
happened though picked up in 

300
00:14:44,320 --> 00:14:46,300
your minutes that and that's 
what I was just that's why I was

301
00:14:46,310 --> 00:14:49,330
just showing that on the on the 
stream but you know Bitcoin 

302
00:14:49,340 --> 00:14:52,410
dominance hitting a high above 
52 points. 

303
00:14:53,200 --> 00:14:54,880
Hmm. 
Yeah. 

304
00:14:54,890 --> 00:14:56,660
So this is where me and only 
slightly disagree. 

305
00:14:56,670 --> 00:15:00,500
I think, I think that for the 
next period we're going to see, 

306
00:15:01,050 --> 00:15:04,930
we're going to see Bitcoin 
outperform just because I think 

307
00:15:04,940 --> 00:15:08,400
that's just the way I think 
we're going to at least for the 

308
00:15:08,410 --> 00:15:10,590
next 90 days until the ETF comes
and then. 

309
00:15:11,640 --> 00:15:13,970
I guess I don't know after that,
but I think something can be a 

310
00:15:13,980 --> 00:15:16,870
little bit difficult to to judge
that. 

311
00:15:16,940 --> 00:15:19,670
I think we're really gonna judge
how much money comes in from 

312
00:15:19,680 --> 00:15:22,950
Trad 5 to see if we see like a 
broad based altcoin rally. 

313
00:15:23,020 --> 00:15:27,410
But I think, I think it's good 
what's happening right now. 

314
00:15:27,460 --> 00:15:30,170
I think it's very, very tough. 
It's only 90 days now until the 

315
00:15:30,180 --> 00:15:32,880
ETS get approved. 
And as we get closer and closer 

316
00:15:32,890 --> 00:15:35,750
to that date, the more and more 
they'll be, far more of, you 

317
00:15:35,760 --> 00:15:40,380
know, when we become 70 days, 50
days, 30 days, it's suddenly 

318
00:15:40,390 --> 00:15:43,020
gonna be like, fuck, right? 
I've got to earn some. 

319
00:15:43,260 --> 00:15:47,940
And I think that's going to be a
story that probably reaches 

320
00:15:48,010 --> 00:15:51,010
beyond just crypto. 
Like your friends are going to 

321
00:15:51,020 --> 00:15:53,380
be asking you about it. 
Like it's going to start to go 

322
00:15:53,390 --> 00:15:58,380
mainstream, I think from about 
30 days, maybe 15 days out, and 

323
00:15:58,390 --> 00:16:01,460
then like the days before, 
everyone would have heard about 

324
00:16:01,470 --> 00:16:04,110
it, so. 
I think it's just something to 

325
00:16:04,120 --> 00:16:06,130
be aware of. 
So I think it's not a terrible 

326
00:16:06,140 --> 00:16:10,010
time to like to look at adding 
risk in some of these some of 

327
00:16:10,020 --> 00:16:15,650
these UM, but I would be very 
wary about yeah, how and where 

328
00:16:15,660 --> 00:16:20,010
this feels like a Bitcoin, 
Bitcoin story, Bitcoin story 

329
00:16:20,020 --> 00:16:21,590
largely. 
So I think that that dominance 

330
00:16:21,600 --> 00:16:26,370
figure could could increase for 
a while but that's good. 

331
00:16:26,440 --> 00:16:28,510
You know it's still good 
cryptos, cryptos still going 

332
00:16:28,520 --> 00:16:31,550
higher like I still think it's 
good to to see that that stuff 

333
00:16:31,560 --> 00:16:33,620
happening and. 
Um. 

334
00:16:35,160 --> 00:16:40,020
Yeah, I don't think you can be 
bearish like at this stage or 

335
00:16:40,030 --> 00:16:42,340
you can't really call this a 
bear market is what I'm trying 

336
00:16:42,350 --> 00:16:44,550
to say. 
Like we're up 70% now on Bitcoin

337
00:16:44,560 --> 00:16:48,070
year today. 
It's just it's gonna be what I 

338
00:16:48,080 --> 00:16:50,420
think a frustrating period 
because a lot of other stuff. 

339
00:16:51,100 --> 00:16:55,800
Won't rally, OK, probably not 
actually. 

340
00:16:55,810 --> 00:16:58,230
Which is like, if you're trading
any other coins like this, like 

341
00:16:58,240 --> 00:16:59,940
a lot of people probably gone 
into a bunch of other coins. 

342
00:16:59,950 --> 00:17:01,800
Did not rally. 
I saw Solana perform really 

343
00:17:01,810 --> 00:17:03,310
well. 
It's about 3023 dollars. 

344
00:17:03,320 --> 00:17:06,670
It was up, what, eight points 
yesterday, Another 1-2 points 

345
00:17:06,680 --> 00:17:07,440
today. 
So. 

346
00:17:07,510 --> 00:17:09,960
There's a few things specific to
Solana there though, like the 

347
00:17:09,970 --> 00:17:15,920
FTX wallet has decided to stake 
$130 million worth of Solana. 

348
00:17:16,290 --> 00:17:21,020
So instead of just market 
selling it, it looks like they 

349
00:17:21,030 --> 00:17:24,339
may hold on to that for a little
bit and. 

350
00:17:24,510 --> 00:17:27,730
There's also big short position 
in Solana right now, so that one

351
00:17:27,740 --> 00:17:30,410
feels more like technicals more 
than anything like that. 

352
00:17:30,420 --> 00:17:32,930
One can go higher because 
everyone was scared about this 

353
00:17:32,940 --> 00:17:34,930
FTX thing and that might not 
happen. 

354
00:17:35,330 --> 00:17:38,370
And it's not like Solana is 
dead, like stuff happens on 

355
00:17:38,380 --> 00:17:40,880
Solana, It's not like we're 
waiting for stuff. 

356
00:17:40,890 --> 00:17:43,390
They have a payment 
infrastructure being built out. 

357
00:17:43,800 --> 00:17:47,830
They have, they have all staking
Defy infrastructure. 

358
00:17:47,840 --> 00:17:51,490
The part of that got dismantled 
today and then they have some 

359
00:17:51,500 --> 00:17:56,150
applications on gaming, so. 
People can get behind some of 

360
00:17:56,160 --> 00:17:57,630
those stories. 
I think so, yeah. 

361
00:17:57,640 --> 00:17:59,890
I think. 
I think out of all of those, as 

362
00:17:59,900 --> 00:18:01,480
I've said before, I think that 
one. 

363
00:18:02,400 --> 00:18:05,570
I would be unsurprised if that 
one did OK, but I still feel 

364
00:18:05,580 --> 00:18:07,690
most confident that Bitcoin is 
going to do well over the next 

365
00:18:07,760 --> 00:18:10,810
90 days. 
All right, man. 

366
00:18:10,820 --> 00:18:13,740
You're a big one, Maxi now 
really buying order most. 

367
00:18:13,750 --> 00:18:16,550
The next 90 days, I actually 
think, I actually, I actually 

368
00:18:16,560 --> 00:18:22,330
think it's after that 90 days. 
The demand for spot ETFs might 

369
00:18:22,340 --> 00:18:26,650
really disappoint, like we saw 
with what happened with ETFs, 

370
00:18:26,820 --> 00:18:28,410
and I think a lot of people 
could get wrecked. 

371
00:18:29,190 --> 00:18:32,200
So that's why I think now is a 
good time to buy. 

372
00:18:32,270 --> 00:18:37,540
But like buying, buying that 
week or week and a half, four or

373
00:18:37,550 --> 00:18:41,320
whatever, I think that's really 
dangerous because I think, I 

374
00:18:41,330 --> 00:18:44,440
think it's going to take time 
for even that ETF inflows to 

375
00:18:44,450 --> 00:18:47,360
really pick up like to a 
substantial amount. 

376
00:18:47,370 --> 00:18:49,820
ETF inflows onto like crazy on 
day one. 

377
00:18:50,120 --> 00:18:54,020
And it's not like it's been 
impossible to buy Bitcoin for 

378
00:18:54,030 --> 00:18:58,110
people. 
So I think I'm just wary on 

379
00:18:58,120 --> 00:18:59,960
that. 
I'm wary that people are getting

380
00:18:59,970 --> 00:19:03,080
really build up. 
That ETF thing, the good thing 

381
00:19:03,090 --> 00:19:05,760
about Bitcoin at least is then 
you have the halving narrative 

382
00:19:05,770 --> 00:19:07,990
and you can take that for a 
little bit longer. 

383
00:19:08,000 --> 00:19:11,110
But I do think, I do think it's 
one of those buy the rumour, 

384
00:19:11,120 --> 00:19:17,080
sell the facts, things. 
Yeah, alright well listen, we'll

385
00:19:17,090 --> 00:19:21,620
get to, you know Larry Fink and 
his comments on Bitcoin shortly.

386
00:19:21,630 --> 00:19:25,090
But first, but first, but first,
our second topic today, Coin 

387
00:19:25,100 --> 00:19:30,740
Telegraph clarification on 
sharing false spot Bitcoin ETF 

388
00:19:30,750 --> 00:19:32,900
news. 
So Coin Telegraph apologises to 

389
00:19:32,910 --> 00:19:36,160
its readers and discusses his 
investigation into what led to 

390
00:19:36,170 --> 00:19:40,400
the posting an unverified news 
on X about Bitcoin ETF. 

391
00:19:40,870 --> 00:19:45,710
I'm not sure if how smart is 
legally to post a screenshot of 

392
00:19:45,720 --> 00:19:49,610
the internal conversation 
between UH of your team members,

393
00:19:49,620 --> 00:19:52,930
but they pretty much admitted to
having gotten their news from a 

394
00:19:53,020 --> 00:19:55,720
Telegram user that then deleted 
his account. 

395
00:19:56,820 --> 00:20:03,330
Ah. 
I don't know how to put it any 

396
00:20:03,340 --> 00:20:04,930
other way. 
I mean this is literally what 

397
00:20:04,940 --> 00:20:08,300
happened like for some reason I 
can't click that but basically 

398
00:20:09,020 --> 00:20:11,450
they shared a telegram message 
and turning. 

399
00:20:11,460 --> 00:20:14,310
So this is the the the text from
the internal messages and 

400
00:20:14,320 --> 00:20:15,750
someone said breaking SEC 
approves. 

401
00:20:15,760 --> 00:20:19,960
I shares Bitcoin ETF BTF anyways
and they literally copy pasted 

402
00:20:19,970 --> 00:20:22,050
the telegram message. 
They even bother to like, look 

403
00:20:22,060 --> 00:20:25,730
into it after anything. 
And they went ahead and tweeted 

404
00:20:26,060 --> 00:20:28,210
someone shared like a fake 
Bloomberg Terminal, and then 

405
00:20:28,220 --> 00:20:32,080
they fell for it. 
And then they're like, my 

406
00:20:32,090 --> 00:20:34,140
colleague jumped too fast. 
Uh-huh. 

407
00:20:34,150 --> 00:20:36,720
But yes, it's true. 
Look, BTC chart. 

408
00:20:36,830 --> 00:20:38,140
Is it true? 
You sure? 

409
00:20:38,190 --> 00:20:42,960
Yes, we're seeing that. 
And then bang, the whole fake 

410
00:20:42,970 --> 00:20:46,290
news thing comes out. 
The soccer, the soccer meme 

411
00:20:46,340 --> 00:20:50,530
makes it to the Coin Telegraph 
internal team chat. 

412
00:20:50,600 --> 00:20:54,950
And then they just like 
everything goes downhill from 

413
00:20:54,960 --> 00:20:58,070
there. 
I mean it just fell apart and 

414
00:20:58,080 --> 00:21:02,420
fell apart and fell apart until 
the person ended up deleting his

415
00:21:02,430 --> 00:21:05,870
account. 
However, however, what I want to

416
00:21:05,880 --> 00:21:09,410
bring forward here is this clip 
that I shared yesterday from the

417
00:21:09,420 --> 00:21:13,960
Editor in Chief at Coin 
Telegraph who was on a panel in 

418
00:21:13,970 --> 00:21:17,100
Dubai simultaneously with Maria 
Novel. 

419
00:21:17,170 --> 00:21:20,520
Out of all people on that panel,
I think the topic you can see is

420
00:21:20,580 --> 00:21:22,580
is blurred out. 
I think the topic title is 

421
00:21:22,590 --> 00:21:28,100
Misinformation 101 and just hear
for yourself what she had to 

422
00:21:28,110 --> 00:21:33,030
say. 
Social media post and yes, this 

423
00:21:33,040 --> 00:21:39,610
was disastrous and this is an 
example of what cannot happen. 

424
00:21:40,070 --> 00:21:45,470
But this is what happens when we
are having constant pressure to 

425
00:21:45,480 --> 00:21:52,030
be the first with every news. 
And this is not a problem of of 

426
00:21:52,040 --> 00:21:56,280
journalism per set, it's a 
problem of the society. 

427
00:21:56,360 --> 00:22:01,930
That and all the technology. 
I'm talking about indexation on 

428
00:22:01,940 --> 00:22:05,190
Google and talking about social 
media where if you're not the 

429
00:22:05,200 --> 00:22:11,100
first, you're the last, there is
no second, third, et cetera. 

430
00:22:12,230 --> 00:22:16,490
And this is a big problem. 
So anyways, so first of all, she

431
00:22:16,500 --> 00:22:19,580
guessed it like the entire like 
world with that. 

432
00:22:19,690 --> 00:22:21,960
Then she quoted Ricky Bobby. 
If you're not first, you're 

433
00:22:21,970 --> 00:22:24,330
last. 
And third of all, you know she 

434
00:22:24,340 --> 00:22:27,950
told people that it was not 
about bad journalism is that 

435
00:22:27,960 --> 00:22:30,460
they were so rushed to being 
first. 

436
00:22:30,510 --> 00:22:32,770
Let me tell you something and it
and I would love to hear your 

437
00:22:32,780 --> 00:22:35,060
thoughts on that guys and 
something I've noticed about the

438
00:22:35,070 --> 00:22:36,780
space and being in media 
ourselves. 

439
00:22:36,890 --> 00:22:41,390
This is what I do every day. 
Too many people are so focused 

440
00:22:41,400 --> 00:22:45,870
on being first that they forget 
to actually reporting on quality

441
00:22:45,880 --> 00:22:48,260
content. 
And we're so focused on being 

442
00:22:48,270 --> 00:22:52,390
that we I I'm not. 
But the space is so focused on 

443
00:22:52,400 --> 00:22:57,170
being the first to write 
breaking Justin, that they 

444
00:22:57,180 --> 00:23:00,930
forget the essence of the 
information, the quality of it. 

445
00:23:00,980 --> 00:23:05,650
Nobody's gonna follow you and 
like, stick to you in an organic

446
00:23:05,660 --> 00:23:08,900
manner and like actually want to
organise like, sorry and want 

447
00:23:08,910 --> 00:23:12,770
to, you know, something with 
your content. 

448
00:23:12,780 --> 00:23:16,830
Losing words still anyways, to 
partake, to participate with 

449
00:23:16,840 --> 00:23:20,700
your content and whatnot if you 
keep on spewing bullshit, and 

450
00:23:20,710 --> 00:23:23,650
this is facts, is a huge problem
there in crypto media right now,

451
00:23:23,700 --> 00:23:26,800
is that everybody is so obsessed
with trying to be first that 

452
00:23:26,810 --> 00:23:29,350
they forget that you can be 
maybe second or third or fourth.

453
00:23:29,360 --> 00:23:30,930
You're still going to get your 
engagement kick. 

454
00:23:30,940 --> 00:23:33,510
Don't worry about it, OK? 
You're still going to get your 

455
00:23:33,520 --> 00:23:36,000
cloud, you're still going to get
your views, you're still going 

456
00:23:36,010 --> 00:23:39,000
to get something out of it. 
But it's just absurd to me that 

457
00:23:39,010 --> 00:23:42,580
you have the editor in chief of 
a Russian proxy media company 

458
00:23:42,590 --> 00:23:46,200
that's operating crypto that is 
little gaslight the entire world

459
00:23:46,210 --> 00:23:48,790
telling people that's the 
markets fault for believing 

460
00:23:48,800 --> 00:23:51,590
this, not researching and buying
thoughts. 

461
00:23:53,180 --> 00:23:57,360
Yeah, I mean, that's just, 
that's a very, uh, very 

462
00:23:57,370 --> 00:23:59,390
disappointing response from her,
I mean. 

463
00:24:00,240 --> 00:24:04,390
You can't blame the industry. 
You can't blame the society for 

464
00:24:04,400 --> 00:24:08,150
like making you want to having 
to feel the need to put stuff 

465
00:24:08,160 --> 00:24:09,430
out early. 
Like everyone gets that. 

466
00:24:09,440 --> 00:24:11,830
Like yeah, whoever first put it 
out will get the most clout. 

467
00:24:11,840 --> 00:24:15,190
But you also have to Fact Check 
yourself and you run the risk of

468
00:24:15,300 --> 00:24:20,030
messing up if you don't and look
like there there was no other 

469
00:24:20,090 --> 00:24:22,870
publication I think that really 
reported it. 

470
00:24:24,430 --> 00:24:26,880
Like everyone else did their 
Fact Check and was like, ohh, 

471
00:24:26,890 --> 00:24:28,960
actually this is false. 
Um. 

472
00:24:29,010 --> 00:24:31,440
So yeah, it's just like, I don't
know what I mean. 

473
00:24:31,450 --> 00:24:34,290
I saw there they had to meet 
their own Medium article as to 

474
00:24:34,300 --> 00:24:38,660
what actually happened and. 
It looks like someone posted. 

475
00:24:38,730 --> 00:24:42,320
It looks like they were trying 
to verify it, but someone posted

476
00:24:42,330 --> 00:24:45,080
it before they've verified it 
and I guess that's the person 

477
00:24:45,090 --> 00:24:47,980
that fault. 
And whether that person just did

478
00:24:47,990 --> 00:24:51,060
it intentionally or wasn't 
briefed properly, if there were 

479
00:24:51,070 --> 00:24:53,830
a junior person or just didn't 
understand what was wrong with 

480
00:24:53,840 --> 00:24:55,580
not verifying it, I'm not really
sure. 

481
00:24:55,590 --> 00:24:59,740
But it's just it's pretty like 
they had to have some ownership 

482
00:24:59,750 --> 00:25:03,340
of like there being no real 
system in place to actually post

483
00:25:03,350 --> 00:25:05,690
things without fact checking 
because that medical showed very

484
00:25:05,700 --> 00:25:11,300
clearly there was no. 
Actual procedure or you know 

485
00:25:11,310 --> 00:25:12,930
like protocol that they have in 
place. 

486
00:25:14,550 --> 00:25:16,680
I love it. 
I love this response. 

487
00:25:16,720 --> 00:25:18,130
I thought it was this 
incredible. 

488
00:25:18,240 --> 00:25:20,970
Imagine if you did something 
wrong and you were like, it's 

489
00:25:20,980 --> 00:25:23,050
not not really me that 
everything wrong. 

490
00:25:23,140 --> 00:25:26,150
It's everyone you know. 
It's everyone who did it wrong. 

491
00:25:26,160 --> 00:25:30,480
We're all in this together. 
Yeah, I like. 

492
00:25:30,960 --> 00:25:32,970
Yeah, I love it. 
Absolutely love that as a. 

493
00:25:32,980 --> 00:25:37,220
As a response it is. 
It is a. 

494
00:25:37,550 --> 00:25:40,510
Form of social commentary, you 
know, like you know, it's not 

495
00:25:40,520 --> 00:25:42,220
really a mistake when you think 
about it. 

496
00:25:42,230 --> 00:25:45,840
It's more a social commentary on
on the world we live in. 

497
00:25:46,630 --> 00:25:50,530
Google indexation makes it, you 
have to be first, but if you're 

498
00:25:50,540 --> 00:25:54,210
not first, you're last, you 
know, You know, it's like, it's 

499
00:25:54,220 --> 00:25:56,740
like she's literally out there 
quoting fucking, you know, 

500
00:25:56,750 --> 00:26:00,080
Talladega Nights. 
I just thought it was so funny. 

501
00:26:00,090 --> 00:26:02,190
It made me think, man, like 
everybody's just like, you know 

502
00:26:02,200 --> 00:26:05,220
a zombie sales, right? 
400 death on a Dutch auction. 

503
00:26:05,230 --> 00:26:08,810
You know like every single 
person acts like in the NFT M 

504
00:26:08,820 --> 00:26:10,090
efforts. 
They're out of contents and 

505
00:26:10,100 --> 00:26:11,990
breaking zombie cells for 
underneath, bro. 

506
00:26:12,000 --> 00:26:14,670
There's a crypto punk spot. 
The crypto punk spot. 

507
00:26:14,680 --> 00:26:16,830
And report on it. 
You can just retweet it right? 

508
00:26:16,840 --> 00:26:18,280
You're not gonna get a bigger X 
payout. 

509
00:26:18,290 --> 00:26:23,530
You may go from $46.75 to 
$52.85. 

510
00:26:23,880 --> 00:26:27,290
OK, it maybe you can get like an
extra piece of chicken at 

511
00:26:27,300 --> 00:26:29,770
Nando's, right? 
Like that's all you're going to 

512
00:26:29,780 --> 00:26:31,850
get. 
And it's just absurd to me how, 

513
00:26:31,910 --> 00:26:33,910
how, how quick people are to do 
that. 

514
00:26:34,440 --> 00:26:38,300
I think it's funny, but I don't 
know, I rather wait the next 

515
00:26:38,310 --> 00:26:41,080
morning like we kind of do and 
and just talk about it. 

516
00:26:41,550 --> 00:26:44,270
I don't know, maybe it's because
we have a show that I'm like 

517
00:26:44,280 --> 00:26:46,200
this, but it's definitely, I 
feel. 

518
00:26:46,390 --> 00:26:48,260
I feel an easier way out. 
So anyways, there was this 

519
00:26:48,270 --> 00:26:49,940
apology. 
I'm sure we're all going to 

520
00:26:49,950 --> 00:26:53,120
forget it in a little bit. 
Congratulations to anybody who 

521
00:26:53,130 --> 00:26:57,080
cooked on the trades yesterday 
and and those who didn't. 

522
00:26:57,250 --> 00:26:59,740
Let me know if there's a class 
action somewhere if I can get my

523
00:26:59,750 --> 00:27:04,720
money back. 
We will be there probably. 

524
00:27:04,730 --> 00:27:06,800
There probably will be a bunch 
of people that will. 

525
00:27:06,870 --> 00:27:09,560
I mean they literally posted the
internal chat. 

526
00:27:09,970 --> 00:27:12,140
That's the last thing I would do
personally speaking. 

527
00:27:12,150 --> 00:27:14,820
I know you were about 
transparency, but they literally

528
00:27:14,830 --> 00:27:16,760
pretty much like the case is 
closed here. 

529
00:27:16,810 --> 00:27:19,800
It's like they literally showed 
like their internal coin 

530
00:27:19,810 --> 00:27:24,000
Telegraph chat of like the team,
you know talking about this. 

531
00:27:24,010 --> 00:27:27,770
Anyways, I really wonder what a 
what a Mario novel and that that

532
00:27:27,780 --> 00:27:30,820
editor in chief of of 
Cointelegraph panel in Dubai 

533
00:27:31,460 --> 00:27:34,560
about media and information was 
like honestly like if someone 

534
00:27:34,570 --> 00:27:38,240
has the full one I play just 
like send it to me, it would be 

535
00:27:38,250 --> 00:27:40,220
great. 
You know, like one side is like 

536
00:27:40,270 --> 00:27:42,880
misinforming the world about 
like war and the other side is 

537
00:27:42,890 --> 00:27:44,880
like misinforming the world 
about like Bitcoin. 

538
00:27:44,890 --> 00:27:47,200
So it's really interesting to 
me. 

539
00:27:47,210 --> 00:27:49,860
I'd love to take a lesson or two
from them Anyways. 

540
00:27:50,310 --> 00:27:56,040
Anyways, topic #3 OK, still on 
the topic of Bitcoin Bitcoin. 

541
00:27:56,110 --> 00:27:58,240
Bitcoin. 
Yeah, the Bitcoin Max is loving 

542
00:27:58,250 --> 00:28:01,200
it's gonna come flaunting 
flocking to our to our Twitter 

543
00:28:01,210 --> 00:28:07,000
space in X versus Black Rock CEO
Larry Fink says that the rally 

544
00:28:07,010 --> 00:28:11,400
today, so yesterday is about a 
flight to quality. 

545
00:28:11,410 --> 00:28:14,780
So again I'm going to let us 
hear it for yourself in this 

546
00:28:14,790 --> 00:28:20,720
22nd 27 second clip over here 
from Fox Business. 

547
00:28:20,730 --> 00:28:23,970
Here you go. 
This rally is way beyond the 

548
00:28:23,980 --> 00:28:26,780
rumour. 
I think the rally today is about

549
00:28:26,850 --> 00:28:28,690
a flight to quality with all 
the. 

550
00:28:29,400 --> 00:28:34,570
You know, all the issues around 
the Israeli war now, global 

551
00:28:34,580 --> 00:28:38,700
terrorism, and I think there's 
more people running into a 

552
00:28:38,780 --> 00:28:40,450
fight. 
The quality, whether that is in 

553
00:28:40,460 --> 00:28:44,070
treasuries, gold or crypto, 
depending on how you think about

554
00:28:44,080 --> 00:28:45,990
it. 
And I believe crypto will play 

555
00:28:46,000 --> 00:28:50,670
that type of role as a flight to
quality this rally flight to 

556
00:28:50,680 --> 00:28:52,820
quality. 
Thoughts. 

557
00:28:53,750 --> 00:28:55,840
I think what he's really saying 
there is it's a flight to 

558
00:28:55,850 --> 00:29:00,050
safety, which is that you buy 
these things when you think the 

559
00:29:00,060 --> 00:29:06,480
world's about to face some form 
of, like significant turmoil, 

560
00:29:06,910 --> 00:29:09,360
whether it's in markets, people 
have been sounding the alarm 

561
00:29:09,370 --> 00:29:12,740
bell and like that for a while. 
And then you have this prospect 

562
00:29:12,750 --> 00:29:17,240
of, you know, regional war. 
So I think that makes a lot of 

563
00:29:17,250 --> 00:29:18,650
sense. 
Like what he's saying now. 

564
00:29:18,660 --> 00:29:22,500
I don't think it's really that 
controversial, but it's his use 

565
00:29:22,510 --> 00:29:24,580
of wording which is flight to 
quality. 

566
00:29:24,770 --> 00:29:26,940
I think it's it's pretty 
interesting because a lot of 

567
00:29:26,950 --> 00:29:29,300
people would say, yeah, you 
know, if there's a war, if 

568
00:29:29,310 --> 00:29:32,180
there's financial term, when you
do by treasury, you do by gold, 

569
00:29:32,230 --> 00:29:35,750
but you wouldn't buy Bitcoin, 
Um, that a lot of traffic people

570
00:29:35,760 --> 00:29:37,720
would say that. 
But he's fully bought in. 

571
00:29:37,790 --> 00:29:42,420
Like this guy's fully laser eyed
into into the concept that this 

572
00:29:42,430 --> 00:29:44,720
is digital gold, that this is 
the future. 

573
00:29:44,730 --> 00:29:46,810
So. 
I know. 

574
00:29:46,820 --> 00:29:48,330
I think, I think we've converted
him. 

575
00:29:48,380 --> 00:29:50,310
I'm not. 
I'm not a like, massive fan of 

576
00:29:50,320 --> 00:29:52,670
like, I think, but he's a 
powerful man. 

577
00:29:53,160 --> 00:29:56,570
He is a very powerful man. 
I mean, he has the power of $10 

578
00:29:56,580 --> 00:30:00,350
trillion. 
That's his power, right? 

579
00:30:00,620 --> 00:30:02,310
Yeah. 
So a lot of people say this and 

580
00:30:02,320 --> 00:30:04,260
there's a lot of like attack 
against all these guys at the 

581
00:30:04,270 --> 00:30:07,570
moment. 
Vanguard, State Street, Black 

582
00:30:07,580 --> 00:30:10,190
Rock, for example. 
And there is this, this 

583
00:30:10,200 --> 00:30:13,230
understanding that perhaps they 
control the money. 

584
00:30:15,780 --> 00:30:19,110
Although they do manage the 
money, it's actually everyone's 

585
00:30:19,120 --> 00:30:21,970
money. 
Like it's not it's, it's what 

586
00:30:21,980 --> 00:30:26,890
they control is generally ETFs 
and mutual funds, which you know

587
00:30:26,960 --> 00:30:30,360
thousands, millions of people, 
hundreds of millions of people 

588
00:30:30,370 --> 00:30:33,830
will invest in. 
What they do is they control 

589
00:30:34,600 --> 00:30:37,030
that money and often the the 
like. 

590
00:30:37,040 --> 00:30:39,450
How that is controlled is 
entirely out of their control. 

591
00:30:39,460 --> 00:30:42,290
Like they'll they'll have an S&P
tracker fund, which means they 

592
00:30:42,300 --> 00:30:45,070
have to invest in every every 
company in the S&P or they'll 

593
00:30:45,080 --> 00:30:46,780
have a. 
Euro stocks, track fund have to 

594
00:30:46,790 --> 00:30:49,140
invest everything. 
Euro stocks, so the vast 

595
00:30:49,150 --> 00:30:53,490
majority of all the funds which 
Vanguard, Black Rock, State 

596
00:30:53,500 --> 00:30:56,610
Street or Owner, they're passive
funds of which they have very 

597
00:30:56,620 --> 00:31:01,050
little governance on where those
funds are actually invested. 

598
00:31:01,090 --> 00:31:03,750
What they do have control over 
though and which is what have 

599
00:31:03,760 --> 00:31:08,250
they been attacked about is they
do then have a lot of control 

600
00:31:08,260 --> 00:31:11,280
over proxy voting rights. 
So like for example, if you own 

601
00:31:11,290 --> 00:31:15,000
all your, if you have your money
and some tracker ETF, you don't 

602
00:31:15,010 --> 00:31:17,710
bother, you don't. 
Other voting at any of these 

603
00:31:17,720 --> 00:31:19,390
companies? 
Um. 

604
00:31:20,000 --> 00:31:22,510
There like shareholder meetings 
BlackRock do. 

605
00:31:22,620 --> 00:31:24,920
So to a large extent they've 
been criticised for their 

606
00:31:24,930 --> 00:31:26,630
ability to like change corporate
behaviour. 

607
00:31:26,640 --> 00:31:28,810
They got attacked for this ETF 
stuff. 

608
00:31:29,040 --> 00:31:33,390
So they have a massive amount of
control about the amount of 

609
00:31:33,400 --> 00:31:35,890
funds that they own. 
But I think there is a little 

610
00:31:35,900 --> 00:31:39,830
bit of like an over exaggeration
of how powerful these people 

611
00:31:39,840 --> 00:31:41,290
are. 
Like it's actually everyone's 

612
00:31:41,300 --> 00:31:43,020
money. 
It's just like it's like saying 

613
00:31:43,030 --> 00:31:46,820
the the head of a bank is is 
super powerful, which he is, but

614
00:31:46,830 --> 00:31:49,720
it doesn't actually own all the 
money in the bank. 

615
00:31:50,200 --> 00:31:52,770
If that makes any sense, that 
no, that that makes total sense.

616
00:31:52,780 --> 00:31:55,160
But I do think that someone of 
his power, like you know what's 

617
00:31:55,170 --> 00:31:56,920
gonna happen, right? 
Like the tests gonna get 

618
00:31:56,930 --> 00:31:59,620
approved or on the way to 
approval and all of them are 

619
00:31:59,630 --> 00:32:04,180
gonna go on CNBC, MSNBC, CNN, 
Fox Business, like you name it. 

620
00:32:04,190 --> 00:32:08,500
And they're all going to be 
pumping their bags and our bags 

621
00:32:08,710 --> 00:32:11,280
become their bags is when we're 
winning. 

622
00:32:11,510 --> 00:32:14,550
I think, I think he's kind of 
talking it down a bit because I 

623
00:32:14,560 --> 00:32:17,180
think they're not fully loaded. 
That's what it looks like to me.

624
00:32:17,190 --> 00:32:20,180
I think he's like, ohh, I can't 
completely shit on it because we

625
00:32:20,190 --> 00:32:22,220
just apply for bitcoins. 
Yeah, but I want to. 

626
00:32:22,740 --> 00:32:26,660
Kind of like cool down the 
speculation and like put the 

627
00:32:26,670 --> 00:32:30,200
fires out a little bit, just so.
I'm not pumping it too early, 

628
00:32:30,210 --> 00:32:32,940
but I bet you anything like if 
and when it does get approved 

629
00:32:32,950 --> 00:32:35,590
and they fill their bags that 
he's gonna be out there saying, 

630
00:32:35,600 --> 00:32:37,940
oh, this is like fucking best 
thing in the world and everyone 

631
00:32:37,950 --> 00:32:39,980
will phone her in. 
They're gonna be saying crazy 

632
00:32:39,990 --> 00:32:41,420
shit next year, man. 
I can't wait. 

633
00:32:41,430 --> 00:32:43,730
I still think that we're gonna 
have another leg down before we 

634
00:32:43,740 --> 00:32:48,450
get a big move up, but that's 
based on nothing and. 

635
00:32:49,020 --> 00:32:54,860
You want to get back in, right? 
Listen, no, I I still I I 

636
00:32:54,870 --> 00:32:55,540
really. 
I really. 

637
00:32:55,550 --> 00:32:56,760
I really. 
Respected. 

638
00:32:57,230 --> 00:32:59,820
I really, really respected that,
that space on nothing. 

639
00:32:59,830 --> 00:33:02,160
I really respect that. 
Listen, I'm being honest. 

640
00:33:02,170 --> 00:33:05,300
This is like half the crypto 
traders online will tell you, 

641
00:33:05,310 --> 00:33:08,000
like a whole thing. 
My basis is nothing. 

642
00:33:08,070 --> 00:33:10,740
I respect that. 
You follow some of those TA 

643
00:33:10,750 --> 00:33:11,980
guys? 
What are they saying right now 

644
00:33:13,470 --> 00:33:15,040
when everything just randomly 
pumped? 

645
00:33:15,050 --> 00:33:18,890
What did they say? 
I didn't say. 

646
00:33:19,580 --> 00:33:21,290
I didn't say much. 
They didn't say much. 

647
00:33:21,300 --> 00:33:22,960
I saw a really funny tweet. 
Someone shot. 

648
00:33:22,970 --> 00:33:25,700
The news chart formed no? 
Do you know what it is like? 

649
00:33:25,710 --> 00:33:27,160
They're not like bitcoins, 
Bitcoin. 

650
00:33:27,170 --> 00:33:29,470
But the other tokens are not 
like performing like that. 

651
00:33:29,540 --> 00:33:34,030
Like you this back 1570? 
I I kind of agree. 

652
00:33:34,040 --> 00:33:37,570
I just think it's kind of funny 
that the suddenly shut up as 

653
00:33:37,580 --> 00:33:40,010
soon as the chart. 
You know how it is, bro. 

654
00:33:40,020 --> 00:33:41,670
That's why I don't see shit all 
the timeline. 

655
00:33:42,130 --> 00:33:44,940
That's always how it is, right? 
Like everybody just like likes 

656
00:33:44,950 --> 00:33:47,430
to try and be right. 
Because if you're right once and

657
00:33:47,440 --> 00:33:50,680
become a Messiah, right and you 
get all the Twitter clout, like 

658
00:33:50,690 --> 00:33:52,480
that's why I'm gonna try to do 
it with shitcoins. 

659
00:33:53,050 --> 00:33:57,390
Speaking of shitcoins, Larry 
Fink, Are you sure he's not 

660
00:33:57,400 --> 00:34:03,700
talking about taker Bitcoin? 
Because let me tell you 

661
00:34:03,710 --> 00:34:06,660
something, these guys are all 
over my timeline and for the 

662
00:34:06,670 --> 00:34:08,760
right reasons. 
Like in the middle of a timeline

663
00:34:08,770 --> 00:34:12,090
being like filled with like the 
war in the Middle East, they're 

664
00:34:12,100 --> 00:34:15,260
building like wealth in Nigeria 
for people to have access to 

665
00:34:15,270 --> 00:34:17,050
water. 
So I do want to give him a quick

666
00:34:17,060 --> 00:34:18,760
shout out. 
I have 0 exposure to take her 

667
00:34:18,770 --> 00:34:21,300
Bitcoin. 
But like, there's this guy on my

668
00:34:21,310 --> 00:34:23,739
timeline and this was not even 
meant to be a title a topic. 

669
00:34:23,750 --> 00:34:25,610
But I saw someone in the 
comments talk about it, so I was

670
00:34:25,620 --> 00:34:27,980
like, let me bring it up. 
But this, this guy, Bitcoin, 

671
00:34:27,989 --> 00:34:32,770
Mandela and he he's been like 
sharing like I don't know why he

672
00:34:32,780 --> 00:34:35,219
ends up in my house. 
I don't follow him, but like the

673
00:34:35,230 --> 00:34:39,210
algorithm is pushing him to my, 
my for you and like they're 

674
00:34:39,219 --> 00:34:44,719
literally like building they're 
called boreholes in villages in 

675
00:34:44,870 --> 00:34:47,219
in Nigeria. 
Look at the state of that 

676
00:34:47,230 --> 00:34:49,590
borehole. 
I know it's great. 

677
00:34:49,600 --> 00:34:54,590
No, I I love that. 
And Lily, they're making these 

678
00:34:54,600 --> 00:34:56,960
kids lives, man. 
Like in the middle. 

679
00:34:56,969 --> 00:34:59,900
Imagine though, I wake up every 
day now and I see like dead kids

680
00:34:59,910 --> 00:35:01,100
over my time. 
It sucks, dude. 

681
00:35:01,110 --> 00:35:03,350
I it's really heavy, man. 
Like I'm trying to avoid as much

682
00:35:03,360 --> 00:35:05,940
as I can and mute people. 
And then I wake up and I see 

683
00:35:05,950 --> 00:35:08,660
take her Bitcoin is like making 
kids in Africa happy and like 

684
00:35:08,670 --> 00:35:11,020
getting them water. 
So I do think there's something 

685
00:35:11,030 --> 00:35:14,160
there that's like super cool. 
And I noticed it on my timeline 

686
00:35:14,230 --> 00:35:16,400
and I'm noticing more and more. 
They're trying to build more and

687
00:35:16,410 --> 00:35:18,500
more like, but they're called 
boreholes or what? 

688
00:35:18,590 --> 00:35:20,980
Look, I'm not too sure what it's
called, but they have a project 

689
00:35:20,990 --> 00:35:23,730
called like Demon Free Water and
they've been doing that. 

690
00:35:23,800 --> 00:35:26,680
I just thought it was funny. 
I saw Melissa Mimosa mention it 

691
00:35:26,770 --> 00:35:29,380
and the and the and the YouTube.
Comments. 

692
00:35:29,450 --> 00:35:30,780
No. 
So yeah, I don't know. 

693
00:35:30,790 --> 00:35:32,550
I just, I don't know. 
There's still like, I don't 

694
00:35:32,560 --> 00:35:36,280
know, you know, in a in a world 
you know at war, I sang the 

695
00:35:36,290 --> 00:35:41,220
little things like that, you 
know, a good, uh, you know. 

696
00:35:41,230 --> 00:35:43,380
So I like that crypto fixes this
anyways. 

697
00:35:44,290 --> 00:35:45,800
At least they're not handing out
crack. 

698
00:35:47,450 --> 00:35:49,780
Wait, Jeff, like, is there 
something you want to share with

699
00:35:49,790 --> 00:35:50,420
us? 
Yeah. 

700
00:35:50,430 --> 00:35:53,190
I just, I thought that was the 
the second time you mentioned 

701
00:35:53,200 --> 00:35:55,520
crack in the space of spacecraft
now. 

702
00:35:55,980 --> 00:35:58,040
That's the one tagline for 
ticket Bitcoin. 

703
00:35:58,290 --> 00:36:02,080
The dev smoke crack, so yes he 
did. 

704
00:36:02,230 --> 00:36:05,790
Which was super bullish again. 
Man's opinions are his own and 

705
00:36:05,800 --> 00:36:10,560
not so funny. 
Listen, it did start off with 

706
00:36:10,570 --> 00:36:13,760
death, smoking crack in the in 
the telegram, which is where I 

707
00:36:13,770 --> 00:36:15,350
realised we should have all 
bought in. 

708
00:36:16,170 --> 00:36:18,910
And then it's it. 
See, it starts with that and it 

709
00:36:18,920 --> 00:36:21,430
ends with changing. 
I know, you know, changed the 

710
00:36:21,440 --> 00:36:22,850
world. 
Who would have thought that 

711
00:36:22,860 --> 00:36:25,050
would have happened? 
Who would have thought, right? 

712
00:36:25,060 --> 00:36:28,110
Like, you know, maybe you need 
to launch a project, smoke crack

713
00:36:28,120 --> 00:36:29,860
in a telegram, and then do good 
in the world. 

714
00:36:29,870 --> 00:36:33,750
Like maybe that's that's OK OK, 
I get it says OK, topic number 

715
00:36:33,760 --> 00:36:36,720
four. 
Yeah he puts the top. 

716
00:36:36,730 --> 00:36:40,220
Yeah OK. 
I said he put he put the topic 

717
00:36:40,230 --> 00:36:43,820
on hold. 
I'm about to get cancelled as 

718
00:36:43,830 --> 00:36:46,260
soon as it's going to totally 
just kick me off the stream. 

719
00:36:46,450 --> 00:36:48,140
I still have to laugh. 
Hold on. 

720
00:36:48,150 --> 00:36:50,540
It's so funny though. 
Like Sims just put the topic on 

721
00:36:50,550 --> 00:36:51,670
the board. 
It means like broke. 

722
00:36:51,680 --> 00:36:54,080
Shut up and those shut up. 
It's enough. 

723
00:36:54,870 --> 00:36:57,500
I mean, did you OK, they'll 
crack spoken dive bar. 

724
00:36:57,570 --> 00:37:01,800
OK. 
FDX clients may receive $9 

725
00:37:01,810 --> 00:37:08,070
billion shortfall claim by mid 
2024 and the per the FTX 

726
00:37:08,080 --> 00:37:09,530
account. 
I'm reading it here after 

727
00:37:09,540 --> 00:37:12,830
extensive discussions with the 
ad hoc committee of the non-us 

728
00:37:12,840 --> 00:37:15,820
customers, customers, the 
unsecured creditors committee 

729
00:37:15,830 --> 00:37:19,690
and class action plaintiffs, The
FTX debtors have reached a 

730
00:37:19,700 --> 00:37:23,380
proposed settlement of the 
customer property disputes. 

731
00:37:23,390 --> 00:37:26,790
So FTX the official account 
went. 

732
00:37:27,580 --> 00:37:29,870
I mean I don't understand if 
someone could like teach them 

733
00:37:29,880 --> 00:37:32,390
how to write a thread like they 
wrote 4 tweets, it was like 4 

734
00:37:32,400 --> 00:37:35,330
different tweets, It's OK. 
I mean, at least people seem 

735
00:37:35,340 --> 00:37:37,660
like they're going to get their 
money back, but they wrote the 

736
00:37:37,670 --> 00:37:42,170
tweets yesterday, you know, and 
says all creditor representative

737
00:37:42,180 --> 00:37:45,500
involved agreed to support a 
related amended plan of 

738
00:37:45,510 --> 00:37:49,420
reorganisation to be filed by 
12/16/23. 

739
00:37:49,710 --> 00:37:54,590
So look, this is good news. 
It looks like some people will 

740
00:37:54,600 --> 00:37:57,060
be able to get their money back.
It says customers expected to 

741
00:37:57,070 --> 00:38:01,700
receive over 90% of 
distributable value worldwide if

742
00:38:01,710 --> 00:38:05,520
amended plan is approved. 
I mean, guys, surely this pumps 

743
00:38:05,530 --> 00:38:09,830
the market too, no? 
That's a big, uh, a big 

744
00:38:09,840 --> 00:38:11,660
positive. 
I think it will take years for 

745
00:38:11,670 --> 00:38:13,130
people to actually finally get 
their money. 

746
00:38:13,140 --> 00:38:14,970
Like look at Mount Gox for 
example. 

747
00:38:14,980 --> 00:38:19,830
But. 
If in, you know, utopian world 

748
00:38:19,870 --> 00:38:23,840
everyone got their money back in
like March next year from FTX, 

749
00:38:23,850 --> 00:38:27,580
that would be like a fucking 
massive like massive stimulus 

750
00:38:27,590 --> 00:38:29,900
effect into the market. 
I think man, a lot of people 

751
00:38:29,910 --> 00:38:32,160
lost money and a lot of good 
people lost money too. 

752
00:38:32,170 --> 00:38:34,160
I mean, I hope Tom Brady gets 
his money back. 

753
00:38:37,490 --> 00:38:41,320
Kevin the Leary as well. 
But no, I mean listen, Soby had 

754
00:38:41,330 --> 00:38:43,420
to sell the Sobie Jay Punk over 
this, right? 

755
00:38:43,430 --> 00:38:46,400
So we all want him to get the 
the Sobuj punk back. 

756
00:38:46,950 --> 00:38:50,600
Listen, the customer shortfall. 
Someone was struck after months 

757
00:38:50,610 --> 00:38:52,860
of extensive arm length 
negotiations among the FX 

758
00:38:52,870 --> 00:38:55,240
debtors and everyone. 
So this is about a report. 

759
00:38:55,250 --> 00:38:59,980
It represents about a billion 
dollars in the ftx.com customer 

760
00:38:59,990 --> 00:39:02,560
claims. 
Listen, this is really good. 

761
00:39:02,570 --> 00:39:05,900
Seems like John Jay Ray is doing
the Lord's work over there, like

762
00:39:05,910 --> 00:39:09,690
he was the next CEO of Enron 
that came to write fix the whole

763
00:39:09,820 --> 00:39:13,910
Enron, you know, scam, you know,
the whole the the fallout of the

764
00:39:13,920 --> 00:39:18,150
fall of Enron back then. 
Then he was appointed CEO of of 

765
00:39:18,160 --> 00:39:23,060
FTX as soon as FTX went down. 
I mean seems like he's he's 

766
00:39:23,070 --> 00:39:25,070
doing the Lord's work here. 
Amanda, do you have any thoughts

767
00:39:25,080 --> 00:39:26,610
on that? 
I think this is really positive 

768
00:39:26,620 --> 00:39:27,850
news for this space. 
Yeah. 

769
00:39:27,860 --> 00:39:31,750
Look, I think what this shows 
you is how much money was being 

770
00:39:31,760 --> 00:39:35,020
taken out of FTX before it 
filed. 

771
00:39:35,030 --> 00:39:36,840
And they've done a very good job
at being able to. 

772
00:39:37,150 --> 00:39:41,330
Basically reclaim a lot of that.
So they have the shares in Robin

773
00:39:41,340 --> 00:39:43,000
Hood. 
They've had the property. 

774
00:39:43,010 --> 00:39:45,470
They have like hundreds of 
millions of dollars worth of 

775
00:39:45,480 --> 00:39:47,440
property. 
They have this AI firm 

776
00:39:47,450 --> 00:39:49,050
anthropic. 
I don't know if you like you've 

777
00:39:49,060 --> 00:39:51,500
been following that, but that 
could be worth the the best 

778
00:39:51,510 --> 00:39:52,870
steak in. 
It could be worth like. 

779
00:39:53,560 --> 00:39:57,270
Nearly a billion, maybe, maybe 
$90 million Stake worth $900 

780
00:39:57,280 --> 00:40:01,670
million now. 
It could be worth a lot and then

781
00:40:01,740 --> 00:40:05,230
obviously since actually FTX, 
the daily FX filed, everything's

782
00:40:05,240 --> 00:40:11,170
kind of pumped like Solana's 
done a 2X probably more now 

783
00:40:12,170 --> 00:40:16,270
Bitcoins up 70% ETH is up, like 
everything's up. 

784
00:40:16,280 --> 00:40:18,360
So like a lot of that they asked
us even on their balance you 

785
00:40:18,370 --> 00:40:21,550
have gone up over that period. 
So there is there is 

786
00:40:21,560 --> 00:40:24,190
theoretically a world where 
everyone. 

787
00:40:24,430 --> 00:40:28,180
Could now do relatively well. 
Um. 

788
00:40:28,670 --> 00:40:33,120
And it's not to say that Sam is 
like, you know, he's not guilty.

789
00:40:33,130 --> 00:40:34,900
He's, He's. 
Incredibly guilty. 

790
00:40:34,910 --> 00:40:38,260
This is some of the most this is
more reclaiming of assets which 

791
00:40:38,270 --> 00:40:43,470
he'd taken out of the firm and 
being able to to to bring them 

792
00:40:43,480 --> 00:40:44,980
back. 
So that's good. 

793
00:40:45,050 --> 00:40:48,380
I mean, the FTC lawyers are 
getting something like $50 

794
00:40:48,390 --> 00:40:55,570
million a month at the moment. 
Whoa, you're an FTX lawyer. 

795
00:40:55,620 --> 00:40:57,930
You probably want to drag this 
out a little bit longer. 

796
00:40:57,980 --> 00:41:00,490
Drop out. 
God, yeah. 

797
00:41:00,780 --> 00:41:05,010
So I I think, like OSF says, 
it's a nice headline. 

798
00:41:05,690 --> 00:41:08,840
These Chapter 11 processes can 
take a long time. 

799
00:41:08,990 --> 00:41:12,480
Um, particularly when lawyers 
are incentivised to keep it 

800
00:41:12,490 --> 00:41:14,410
going. 
Uh, so it could. 

801
00:41:14,420 --> 00:41:17,620
We could be sitting here in a 
couple of years still talking 

802
00:41:17,630 --> 00:41:20,550
about this, but the initial 
indication is that it could be 

803
00:41:20,560 --> 00:41:23,190
pretty hard. 
What is a shortfall claim? 

804
00:41:23,350 --> 00:41:28,050
It says it's a shortfall claim. 
It's actually says by mid 2024 

805
00:41:28,060 --> 00:41:31,580
men, though it says FT clients 
may receive 9 billion shortfall 

806
00:41:31,590 --> 00:41:35,020
claim by mid 2024 shortfall. 
This means it doesn't fully 

807
00:41:35,030 --> 00:41:39,490
account for the amount that they
are, so that's why it's a 90% 

808
00:41:39,540 --> 00:41:44,700
recovery. 99 out of 10 like 90% 
of what they had in. 

809
00:41:44,710 --> 00:41:48,300
So if you had like a million and
you'd be getting like, yeah, and

810
00:41:48,310 --> 00:41:51,870
that's a, that's a waterfall. 
So it could mean that FTX US 

811
00:41:51,880 --> 00:41:55,810
customers are actually, um, 
they're given 100%? 

812
00:41:57,200 --> 00:41:57,940
Wow. 
Yeah. 

813
00:41:57,950 --> 00:41:59,870
I mean, the FX customer seems to
have very little. 

814
00:42:00,300 --> 00:42:03,590
It's like we're talking like 8 
bill versus one bill like we're.

815
00:42:03,600 --> 00:42:06,210
Yeah, exactly. 
Yeah, OK. 

816
00:42:06,280 --> 00:42:07,990
Wow. 
I mean, look, very good news 

817
00:42:08,360 --> 00:42:10,210
this morning. 
And if we can get even better 

818
00:42:10,220 --> 00:42:12,670
news that Sam's gonna spend 100 
years in prison, then you're 

819
00:42:12,680 --> 00:42:15,190
set, right? 
Nothing better than him being 

820
00:42:15,200 --> 00:42:15,860
present. 
Question. 

821
00:42:16,120 --> 00:42:17,870
How much money do you think we 
got over his Camry? 

822
00:42:21,310 --> 00:42:24,640
Can we just watch that video 
again like the one he did with 

823
00:42:24,650 --> 00:42:29,620
with that, you know, that 32nd? 
Yeah. 

824
00:42:29,690 --> 00:42:32,060
Wait, which one Israeli guy? 
You know, the guy who does the 

825
00:42:32,070 --> 00:42:34,660
short videos? 
Things like how much do you make

826
00:42:34,670 --> 00:42:37,290
and like the the bit where like 
shows him sleeping and he goes 

827
00:42:37,300 --> 00:42:42,310
like that. 
How much do you make Sam SBF? 

828
00:42:42,520 --> 00:42:45,700
Is that what it is like the the 
he's the best billionaire or 

829
00:42:45,710 --> 00:42:49,150
something that yeah call him. 
Surely you know it's the video 

830
00:42:49,160 --> 00:42:50,670
the famous one is easy. 
This is the. 

831
00:42:50,680 --> 00:42:53,280
World. 
Yeah. 

832
00:42:54,820 --> 00:42:56,840
From. 
The this. 

833
00:42:56,850 --> 00:42:59,580
All his money away and he's 
vegan. 

834
00:43:00,380 --> 00:43:01,990
Yeah, yeah, yeah. 
But The thing is we that's an 

835
00:43:02,000 --> 00:43:04,700
actual like big video. 
But then it's a it's nice, nice.

836
00:43:04,710 --> 00:43:07,000
Daily, Yeah. 
Nice daily. 

837
00:43:07,130 --> 00:43:08,140
Yeah. 
Yeah, nasty. 

838
00:43:09,170 --> 00:43:13,580
Yeah, yeah, hold on. 
This is so good. 

839
00:43:13,590 --> 00:43:17,750
I gotta share my screen here. 
This is too funny about. 

840
00:43:17,870 --> 00:43:20,290
This is the one. 
It's 5 minutes long though. 

841
00:43:21,260 --> 00:43:23,000
Let's just get the first, the 
first bit like. 

842
00:43:23,010 --> 00:43:24,790
I mean what is that as the 
thumbnail? 

843
00:43:26,620 --> 00:43:28,930
OK. 
The guy you see next to me is 

844
00:43:28,940 --> 00:43:31,930
the most generous billionaire in
the world. 

845
00:43:31,980 --> 00:43:35,370
And I found him. 
Hi, my name is Sam and this is 

846
00:43:35,380 --> 00:43:38,330
my story. 
Sam has crazy hair. 

847
00:43:38,400 --> 00:43:42,410
Sam is. 
Vegan Sam sleeps 5 hours a 

848
00:43:42,420 --> 00:43:46,070
night. 
Sam lives in the Bahamas with 10

849
00:43:46,080 --> 00:43:50,370
roommates. 
Sam is 29 years old only, but 

850
00:43:50,380 --> 00:43:56,850
Sam has $22 billion and he wants
to donate all of it. 

851
00:43:56,960 --> 00:44:07,540
Two charity, yeah. 
Well, for many reasons my best 

852
00:44:07,550 --> 00:44:10,680
best bit is very just chows down
on the cucumber out of nowhere. 

853
00:44:11,510 --> 00:44:13,480
That's so. 
Remember when someone made a 

854
00:44:13,490 --> 00:44:17,120
remake of that video when, like,
the whole, like, shit just hit 

855
00:44:17,190 --> 00:44:18,780
and I thought it was wait, you 
know what? 

856
00:44:18,790 --> 00:44:20,670
I gotta show another video of 
Sam Bankman fried. 

857
00:44:20,680 --> 00:44:23,020
Like, absolutely love. 
Like is this one? 

858
00:44:25,050 --> 00:44:40,460
Ohh God 
he looks so much better then. 

859
00:44:40,550 --> 00:44:43,400
Yeah, he had a role. 
Really fucked him up. 

860
00:44:43,470 --> 00:44:46,200
Yeah, man. 
When he went full crook, like 

861
00:44:46,210 --> 00:44:48,000
that's when he started to look 
even worse. 

862
00:44:48,110 --> 00:44:53,180
Listen, like, I, I. 
The way this man used like media

863
00:44:53,190 --> 00:44:57,980
and things like you just saw to 
make himself look good was wild.

864
00:44:58,050 --> 00:45:00,520
Man, like it's it's it's really 
crazy. 

865
00:45:00,530 --> 00:45:01,950
And that was, I guess that was 
his Forte. 

866
00:45:01,960 --> 00:45:04,510
But anyways, let's move on to 
our last topic of the day, a 

867
00:45:04,520 --> 00:45:09,230
quick one that came out a couple
days ago, I believe, But 

868
00:45:09,240 --> 00:45:14,150
Ferrari, Ferrari, Ferrari to 
start accepting crypto payments 

869
00:45:14,160 --> 00:45:18,610
in US, Europe to follow. 
The Ferrari will subsequently 

870
00:45:18,620 --> 00:45:21,810
extend the scheme to Europe in 
response to demand from its 

871
00:45:21,820 --> 00:45:24,950
wealthy customers. 
So yeah guys, it looks like a 

872
00:45:24,960 --> 00:45:26,910
Ferrari is going to start 
accepting cryptocurrency. 

873
00:45:26,920 --> 00:45:28,930
I'm not exactly sure which 
cryptocurrencies. 

874
00:45:29,080 --> 00:45:32,630
Uh just yet, but you will be 
able to buy a Ferrari in the 

875
00:45:32,640 --> 00:45:36,050
next bull market with your with 
your crypto. 

876
00:45:36,420 --> 00:45:39,890
The question rises when Lambo 
but guys are you would you guys 

877
00:45:39,900 --> 00:45:42,490
will you guys be buying a 
Ferrari in the in crypto? 

878
00:45:43,820 --> 00:45:48,390
Think I've I've. 
Past that stage in my life, I 

879
00:45:48,400 --> 00:45:53,030
would say I mean, they really 
time this wrong, right? 

880
00:45:53,560 --> 00:45:55,630
Like. 
Or or did they one? 

881
00:45:56,480 --> 00:45:59,910
Just go lock it. 
Thanks. 

882
00:45:59,920 --> 00:46:02,970
Just waving them in. 
Does the Terrari know something 

883
00:46:02,980 --> 00:46:07,040
we don't? 
I mean, hopefully, hopefully, 

884
00:46:07,050 --> 00:46:09,880
that's exactly what's happening.
The global elites have decided 

885
00:46:09,890 --> 00:46:13,650
that this is the time to to move
all your money into into 

886
00:46:13,660 --> 00:46:16,120
Ferraris. 
Yeah, so according to Reuters, 

887
00:46:16,130 --> 00:46:18,460
the luxury car maker is working 
with the crypto payment 

888
00:46:18,470 --> 00:46:22,140
processor Bit Pay to accept 
Bitcoin, Ether and USD C to 

889
00:46:22,150 --> 00:46:26,060
purchase for purchase stateside,
which customers were apparently 

890
00:46:26,110 --> 00:46:29,000
begging for. 
Europe is expected to get the 

891
00:46:29,010 --> 00:46:31,850
same treatment early 2024, with 
early regions to follow. 

892
00:46:31,930 --> 00:46:34,740
I think customers were begging 
for that like a year and a half,

893
00:46:34,750 --> 00:46:37,690
two, maybe two years ago. 
Thing. 

894
00:46:38,840 --> 00:46:41,970
But you know what? 
Like listen again, like we 

895
00:46:41,980 --> 00:46:44,420
talked about earlier, headline 
the message. 

896
00:46:45,110 --> 00:46:47,800
It's good, right? 
It's it's saying that it's hard 

897
00:46:47,810 --> 00:46:50,340
money, that's actual money that 
you can use and that you can 

898
00:46:50,350 --> 00:46:53,860
spend in the real world for real
world assets, so. 

899
00:46:54,640 --> 00:46:57,950
I guess it's, uh, I guess it's 
only bullish Mando I I was gonna

900
00:46:57,960 --> 00:47:00,980
cover earlier the XRP Roblox 
thing, but I guess it was 

901
00:47:00,990 --> 00:47:04,090
debunked, right? 
Yeah, I think our favourite 

902
00:47:04,100 --> 00:47:08,960
thread or basically pop that 
little balloon. 

903
00:47:09,010 --> 00:47:10,790
So yeah, I don't think that's 
that big a deal. 

904
00:47:11,010 --> 00:47:13,680
Ohh man is Mandel Minutes 
reporting fake news. 

905
00:47:14,090 --> 00:47:19,140
It wasn't fake news, but it 
wasn't as big as everyone hoped 

906
00:47:19,150 --> 00:47:20,940
it was. 
Your answer should have been. 

907
00:47:20,950 --> 00:47:24,820
It's not my fault. 
It's all of it's actually a 

908
00:47:24,830 --> 00:47:28,400
collective fault of all of us, 
actually, in this, in this crazy

909
00:47:28,410 --> 00:47:31,500
world that we live in, where 
people are trying to get news as

910
00:47:31,510 --> 00:47:33,640
quickly and as efficiently as 
possible. 

911
00:47:33,710 --> 00:47:36,520
It's not really my fault. 
It's everyone's fault. 

912
00:47:36,560 --> 00:47:39,490
You're really good at this. 
Next time I get cancelled, Next 

913
00:47:39,500 --> 00:47:41,710
Bull Market calling you for 
help. 

914
00:47:44,760 --> 00:47:47,590
Ohh man I I'm not expecting. 
What? 

915
00:47:47,960 --> 00:47:49,770
No, nothing. 
OK, yeah, let's keep it. 

916
00:47:49,780 --> 00:47:51,830
Nothing. 
Anyway, so that wraps it up. 

917
00:47:51,840 --> 00:47:54,890
Some great topics today. 
A good show, Loved it. 

918
00:47:54,900 --> 00:47:57,890
Hell of fun with you guys. 
I will not be here tomorrow 

919
00:47:57,900 --> 00:48:02,270
morning as I will be on an 
aeroplane, but the boys will be 

920
00:48:02,280 --> 00:48:05,490
there and and and On the 
contrary, the boys will not be 

921
00:48:05,500 --> 00:48:08,590
here on Thursday. 
But I will be here to host a 

922
00:48:08,600 --> 00:48:12,410
show to talk about all things F1
and Kraken as well. 

923
00:48:12,420 --> 00:48:14,900
Just a quick note. 
The retros tomorrow. 

924
00:48:15,840 --> 00:48:18,270
The record. 
That was cute. 

925
00:48:18,280 --> 00:48:21,070
That was so cute. 
Oh my God, you said at the same 

926
00:48:21,080 --> 00:48:24,760
time. 
One you know, if there's a red 

927
00:48:24,770 --> 00:48:26,880
guy in there, you guys should 
clip that video and like, make a

928
00:48:26,890 --> 00:48:28,100
song direct. 
So it's. 

929
00:48:30,110 --> 00:48:31,550
That was cute. 
That was cute. 

930
00:48:31,560 --> 00:48:34,640
You guys excited? 
Yeah, it's gonna be the It's the

931
00:48:34,650 --> 00:48:39,460
first one that we've done that's
like open to the public. 

932
00:48:39,470 --> 00:48:42,080
So if anyone's in London, you 
can go ahead and claim tickets. 

933
00:48:42,310 --> 00:48:44,070
Oh no. 
But it's gonna be, yeah, I think

934
00:48:44,080 --> 00:48:46,290
it'll be an interesting one. 
I think it's gonna be a bit 

935
00:48:46,300 --> 00:48:48,940
different to the past one. 
I'm looking forward to it. 

936
00:48:48,980 --> 00:48:50,920
Sick. 
Listen, have fun. 

937
00:48:50,990 --> 00:48:53,780
Let me know what happens. 
I'm sure it's gonna be great. 

938
00:48:54,260 --> 00:48:57,340
I mean, it's not going to be 
able to drink, so it's gonna be 

939
00:48:57,350 --> 00:48:59,580
interesting for you. 
It's gonna be a a sober echo. 

940
00:49:00,990 --> 00:49:02,920
I'll be. 
I'll be smashing the fact you 

941
00:49:02,930 --> 00:49:05,870
can't even drink. 
Yeah, did he can't do anything. 

942
00:49:05,880 --> 00:49:08,080
He's going to be doing like 
burpees on the on the stage. 

943
00:49:08,790 --> 00:49:12,080
You know he's gotta do his 340 
burpees at night. 

944
00:49:12,090 --> 00:49:14,340
So he's gonna be doing burpees 
on stage. 

945
00:49:14,350 --> 00:49:16,260
Show me those guys real quick, 
like, let me see where you're 

946
00:49:16,270 --> 00:49:20,300
at. 
Ohh damn. 

947
00:49:21,130 --> 00:49:23,100
Whoa. 
I gotta get back to it. 

948
00:49:23,110 --> 00:49:27,400
Alright guys, as usual, our show
is powered by Kraken NFT. 

949
00:49:27,410 --> 00:49:32,080
Check him out. kraken.com/rug 
Radio OV Mando Have a wonderful 

950
00:49:32,090 --> 00:49:34,110
rest of your day. 
And with that, with that, with 

951
00:49:34,120 --> 00:49:36,280
that, we'll see you tomorrow 
morning, 10:30 AM Eastern 

952
00:49:36,290 --> 00:49:38,730
Standard Time, 7:30 AM Pacific 
Standard Time for another 

953
00:49:38,740 --> 00:49:40,980
episode of Jim Web 3 on Rock 
Radio. 

954
00:49:41,030 --> 00:49:45,880
Let's go. 
And it's a beautiful day. 

955
00:49:46,940 --> 00:49:50,340
Have a beautiful day. 
GM. 

956
00:49:52,070 --> 00:49:57,120
On this beautiful day. 
Good morning 2:00 and 3:00. 

957
00:49:58,800 --> 00:50:04,960
Commando. 
And it's all on road radio. 

958
00:50:05,410 --> 00:50:09,680
It's a beautiful day. 
Have a beautiful day. 

959
00:50:10,560 --> 00:50:11,090
Cheers.