1 00:00:00,160 --> 00:00:02,720 Yo-yo, yo-yo, what up? What up? 2 00:00:02,720 --> 00:00:03,880 Good morning. Good morning. 3 00:00:04,320 --> 00:00:14,880 MD. Friday, Friday, Friday, January. 4 00:00:14,880 --> 00:00:18,040 What is it? 24th, 2025? 5 00:00:18,760 --> 00:00:21,160 Look at that. Another beautiful day to have a 6 00:00:21,160 --> 00:00:23,400 beautiful day. I got my clothes to the house. 7 00:00:23,480 --> 00:00:26,360 Tyler, Tyler. Tyler, Tyler, good morning. 8 00:00:26,360 --> 00:00:29,280 How you doing today? I'm good. 9 00:00:30,360 --> 00:00:35,320 What a day yesterday was. I don't know that we we quite 10 00:00:35,320 --> 00:00:38,280 realized it's like the news just kept coming out and then just 11 00:00:38,280 --> 00:00:39,400 kind of hit the end. Of the day. 12 00:00:39,400 --> 00:00:42,720 It was overwhelming. Like this, yesterday was a very, 13 00:00:42,720 --> 00:00:45,120 very big day. It was like the biggest day in 14 00:00:45,120 --> 00:00:47,240 crypto history did. I think so. 15 00:00:47,800 --> 00:00:49,280 That's what I titled this morning. 16 00:00:49,960 --> 00:00:53,600 Where'd you title it? The the biggest day in crypto 17 00:00:53,600 --> 00:00:54,720 history. Did you? 18 00:00:55,160 --> 00:00:57,880 I love that so funny as you should. 19 00:00:57,920 --> 00:00:59,520 It is. I mean, look, it's the biggest 20 00:00:59,520 --> 00:01:01,240 thing in crypto history. And somehow motherfuckers 21 00:01:01,240 --> 00:01:03,280 managed to boot to bear post, you know what I mean? 22 00:01:04,000 --> 00:01:06,320 So that that'll that'll always make me laugh that that'll 23 00:01:06,320 --> 00:01:08,080 always make me laugh. You know, there's always someone 24 00:01:08,080 --> 00:01:12,400 to to try and find some, some darkness in the middle of the 25 00:01:12,400 --> 00:01:15,880 lights. You know, Tyler, they don't want 26 00:01:15,880 --> 00:01:17,840 us to win, but we're going to win. 27 00:01:18,520 --> 00:01:21,160 We're going to win big and we're going to get tired of winning. 28 00:01:23,240 --> 00:01:27,280 This is getting so, so easy. It's like, oh, the president of 29 00:01:27,280 --> 00:01:31,240 the United States said he wants to make America AI and crypto, 30 00:01:31,240 --> 00:01:33,600 but you're bearish. It's not enough. 31 00:01:34,080 --> 00:01:37,160 Hey, he said that he's actually evaluating this fucking reserve 32 00:01:37,160 --> 00:01:39,360 thing, by the way, but it's not enough. 33 00:01:40,160 --> 00:01:43,280 Oh, hey, Ross is literally making videos online because 34 00:01:43,280 --> 00:01:45,360 he's free. Anyways, we'll talk about all 35 00:01:45,360 --> 00:01:46,320 this. I'm sure we're going to. 36 00:01:46,480 --> 00:01:48,120 We need to recap all the headlines because it was 37 00:01:48,120 --> 00:01:49,240 overwhelming, though, you know what I mean? 38 00:01:49,680 --> 00:01:51,960 It was a lot like even me at some point I just couldn't 39 00:01:51,960 --> 00:01:54,200 handle. It was like so much I was like, 40 00:01:54,200 --> 00:01:58,200 I'll just wait for a recap, you know, and I think nobody could 41 00:01:58,200 --> 00:02:00,760 handle, which is why I was like signing off, buying up, signing 42 00:02:00,760 --> 00:02:02,440 off, buying up, signing off, buying up. 43 00:02:02,800 --> 00:02:06,560 So I think even traders didn't even know what to do here 44 00:02:06,560 --> 00:02:09,280 yesterday with tiptoeing and flip flopping. 45 00:02:09,479 --> 00:02:11,480 Anyway, so that was the show today. 46 00:02:11,480 --> 00:02:15,360 Today market report as usual, Tyler's top 100 we had do have a 47 00:02:15,360 --> 00:02:16,840 lot to catch up on. So we'll go right into that 48 00:02:16,840 --> 00:02:18,920 actually first go through topics. 49 00:02:18,920 --> 00:02:21,160 Let's recap to yesterday. Let's talk about the I know 50 00:02:21,160 --> 00:02:23,920 there's some stuff you want to cover yesterday that we did not 51 00:02:23,920 --> 00:02:26,960 have the time to cover. So let's go over all that Tyler 52 00:02:27,560 --> 00:02:29,480 and then we'll be joined. We'll be joined. 53 00:02:29,480 --> 00:02:31,760 We have a guest today that was planned for weeks out. 54 00:02:31,760 --> 00:02:37,520 We have the founder JUJJ. It's JU right of of Zerobro 55 00:02:38,480 --> 00:02:41,240 founder Zerobro coming on. Let's see what's up in the AI 56 00:02:41,240 --> 00:02:44,000 trenches. What's up with AI even I don't 57 00:02:44,000 --> 00:02:45,720 even know it's looks like we do we bounce today. 58 00:02:46,640 --> 00:02:50,640 It's like, anyways, so the market's so choppy. 59 00:02:51,200 --> 00:02:53,040 So anyway, so we'll talk about all this stuff. 60 00:02:53,040 --> 00:02:56,480 We'll talk with, with this very bro fam about what they're up to 61 00:02:56,480 --> 00:03:01,400 and also what, what, what so funny. 62 00:03:01,400 --> 00:03:03,240 Apparently I look really crisp. Hilarious. 63 00:03:03,800 --> 00:03:05,040 Really. That's hilarious. 64 00:03:05,040 --> 00:03:07,240 So funny. That is a Google Chrome issue. 65 00:03:07,680 --> 00:03:10,120 Mozilla it is then. All right, well, great, great to 66 00:03:10,120 --> 00:03:12,600 know. So Firefox it is from here 67 00:03:12,600 --> 00:03:15,080 forward. If you're a streamer, you know 68 00:03:15,080 --> 00:03:16,920 Firefox seems to be way better than Chrome. 69 00:03:18,040 --> 00:03:22,240 They should sponsor us anyways and we'll have a little bit loot 70 00:03:22,240 --> 00:03:24,000 box spin at the end. And last but not least, this 71 00:03:24,000 --> 00:03:27,880 show is powered by Galaxies. Galaxies is the Web 3 platform 72 00:03:27,880 --> 00:03:30,160 empowering creators and brands to build unstoppable communities 73 00:03:30,160 --> 00:03:32,440 with full ownership and independence, trusted by icons 74 00:03:32,440 --> 00:03:35,920 like Donald Trump, Steve Okee, Mike Tyson and the NBA, shipping 75 00:03:35,920 --> 00:03:38,000 together the future of engagement. 76 00:03:38,000 --> 00:03:39,720 But also when you had them on the show yesterday. 77 00:03:40,000 --> 00:03:43,400 Great lads by the way, Fairside fair side that I owe. 78 00:03:43,680 --> 00:03:45,760 Every day we see people's wallets get drained. 79 00:03:46,000 --> 00:03:48,920 Fair side is about to launch a fair alternative to instruments 80 00:03:48,920 --> 00:03:52,280 for crypto scams. Check out fair side on X, Fair 81 00:03:52,280 --> 00:03:55,720 side networks, right, Fair side network on X. 82 00:03:55,720 --> 00:03:58,400 If you get drained, you won't get wrecked. 83 00:03:58,400 --> 00:04:00,480 Tyler, let's go right into your topic today. 84 00:04:00,600 --> 00:04:07,880 Four daily NFT and crypto analysis Tyler T on FOMO our 85 00:04:07,880 --> 00:04:12,520 calls the kids can. Yes. 86 00:04:12,520 --> 00:04:14,520 So let's run down how yesterday played out. 87 00:04:14,960 --> 00:04:19,720 So first we had Senator Cynthia Loomis bull posting, bull 88 00:04:19,720 --> 00:04:22,160 teasing a Bitcoin announcement. She was appointed as the chair 89 00:04:22,160 --> 00:04:23,280 of the Digital Asset subcommittee. 90 00:04:23,320 --> 00:04:27,560 Then Trump gets in front of all the world leaders at Davos at 91 00:04:27,560 --> 00:04:30,480 the WEF and says he wants America to be the world capital 92 00:04:30,480 --> 00:04:34,240 of AI in crypto. Then just a handful of hours 93 00:04:34,240 --> 00:04:39,000 after that, he goes on to sign executive orders, the the first 94 00:04:39,000 --> 00:04:42,200 ever major crypto executive order to prohibit CBDC's 95 00:04:42,520 --> 00:04:44,920 establish a digital asset working group, to build a 96 00:04:44,920 --> 00:04:49,000 regulatory framework for crypto and to evaluate a strategic 97 00:04:49,000 --> 00:04:51,720 reserve. Just a few hours after that, the 98 00:04:51,720 --> 00:04:56,680 SEC repealed SAB 121, which prohibited banks from custody 99 00:04:56,680 --> 00:04:59,320 and crypto. And then to cap everything off 100 00:04:59,400 --> 00:05:02,920 in the night, Cryptozar David Sacks is talking on Fox 101 00:05:02,920 --> 00:05:05,800 Business. And when asked about a a variety 102 00:05:05,800 --> 00:05:08,160 of digital assets and whether or not there's securities, he said 103 00:05:08,440 --> 00:05:10,920 that meme coins and NFTS are collectibles. 104 00:05:11,440 --> 00:05:16,440 So just a fine way to end just a a huge day of headlines. 105 00:05:17,120 --> 00:05:20,320 Behind the scenes, he had Morgan Stanley CEO say that the bank 106 00:05:20,320 --> 00:05:22,800 wants to get deeper into crypto by working with regular. 107 00:05:23,000 --> 00:05:25,400 Now that door is clearly open. So all the big banks are are 108 00:05:25,400 --> 00:05:29,560 going to be coming in here soon. Overnight, Metallic shared a 109 00:05:29,560 --> 00:05:33,960 post calling for L twos to start supporting Ethereum and to 110 00:05:33,960 --> 00:05:39,360 cement ETH as the primary asset of the greater L1 plus Ethereum 111 00:05:39,360 --> 00:05:42,320 economy. So that was a very big headline 112 00:05:42,320 --> 00:05:44,960 as well, that that's what's happening in macro. 113 00:05:45,280 --> 00:05:47,800 There was 2 air drops yesterday. No one's even talking about it 114 00:05:47,800 --> 00:05:50,040 because there was so much. I was gonna bring it up in the 115 00:05:50,120 --> 00:05:52,640 chat last night. We like those Zookie things just 116 00:05:52,640 --> 00:05:54,240 went on to the radar cause of Trump. 117 00:05:55,120 --> 00:05:58,560 Rough timing for Azuki. So the anime air drop claim came 118 00:05:58,560 --> 00:06:00,720 out and then it was just immediately overshadowed. 119 00:06:00,720 --> 00:06:04,840 It's at six point O68 right now. That's a $300 million market 120 00:06:04,840 --> 00:06:07,040 cap. Then Blast debuted this new 121 00:06:07,040 --> 00:06:11,600 mobile app last night, kind of snuck it in 50% APY for USDC 122 00:06:11,640 --> 00:06:15,480 staking and they opened up the claim for their Blast AirDrop 123 00:06:15,520 --> 00:06:21,400 that's trading around .0067 cents, that's 100 and market 124 00:06:21,400 --> 00:06:24,760 cap. Those are the main headlines 125 00:06:25,520 --> 00:06:29,480 across like air drops, majors, AI, crypto kind of chopping on 126 00:06:29,480 --> 00:06:30,600 the day. I think the biggest news was 127 00:06:30,600 --> 00:06:33,400 actually out of fartcoin and fart strategy. 128 00:06:33,720 --> 00:06:41,160 Which is a mean. In a micro strategy life, it got 129 00:06:41,840 --> 00:06:46,120 escalated by Bloomberg rider Matt Lezine, which featured it 130 00:06:46,120 --> 00:06:48,840 in his opinion, which they briefly spiked to 40 million. 131 00:06:48,840 --> 00:06:51,440 Actually haven't checked it this morning. 132 00:06:52,320 --> 00:06:53,880 And then a handful of meme coin news. 133 00:06:53,880 --> 00:06:57,680 So this meme coin Allen named after the founder of pump fun 134 00:06:58,160 --> 00:07:01,400 ran from 1,000,000 to 200 million in 20 minutes. 135 00:07:01,400 --> 00:07:03,960 I I don't know that I've ever seen I put putting Trump and 136 00:07:03,960 --> 00:07:06,680 Melania aside. I don't know that I've ever seen 137 00:07:06,760 --> 00:07:11,840 a normal meme coin run as fast as that did it's since retraced 138 00:07:11,840 --> 00:07:16,120 about 75 or 80% and then Toshi huge winner on base. 139 00:07:16,120 --> 00:07:17,800 We don't talk about the base coins that much. 140 00:07:18,200 --> 00:07:20,880 It got it went live on Coinbase and got 73% pumps. 141 00:07:20,920 --> 00:07:22,800 So Coinbase pumps, we'll do a test. 142 00:07:23,520 --> 00:07:25,520 Let's. Go, let's go. 143 00:07:25,560 --> 00:07:27,760 And we have Coinbase tweeting that we like meme coins. 144 00:07:27,760 --> 00:07:32,520 So looks like looks like it's it's definitely not over on the 145 00:07:32,520 --> 00:07:34,840 Coinbase side, just FY. Your FSDR is at like 40 miles 146 00:07:34,840 --> 00:07:37,560 still, so that's not bad. Just quickly checked on that. 147 00:07:37,560 --> 00:07:38,960 That was funny. I said that to Mendel last 148 00:07:38,960 --> 00:07:42,400 night. It's funny that Bloomberg picked 149 00:07:42,400 --> 00:07:47,120 up on on all the FSTR stuff. Just goes to the trap fights. 150 00:07:47,120 --> 00:07:48,680 Really likes this farcorn too. Yeah. 151 00:07:48,680 --> 00:07:50,520 I mean, like, it's obviously like because of farcorn, right? 152 00:07:50,520 --> 00:07:53,760 So it's like, it's funny, right? It's what we thought I fart 153 00:07:53,760 --> 00:07:56,160 would be. We were fuck. 154 00:07:56,160 --> 00:08:00,120 We had like 5%. Of that I don't talk about this 155 00:08:00,120 --> 00:08:02,200 because it you know, it's a micro cap, but this coin's dead 156 00:08:02,200 --> 00:08:03,360 so it's. Well, we don't have it anymore, 157 00:08:03,360 --> 00:08:04,000 so whatever. It's dead. 158 00:08:04,000 --> 00:08:06,080 Like it was like 2. Months ago it's a 2% of this 159 00:08:06,080 --> 00:08:10,880 coin called I Fart, which was like a meme coin about becoming 160 00:08:10,880 --> 00:08:12,960 like the Black Rock, you know, ETF. 161 00:08:13,560 --> 00:08:15,120 Yeah. Fart coin. 162 00:08:15,320 --> 00:08:16,640 We were just too early. We had. 163 00:08:16,640 --> 00:08:17,800 We had. The right idea? 164 00:08:17,880 --> 00:08:20,640 Yeah. On execution fart strategy comes 165 00:08:20,640 --> 00:08:21,600 out. Damn it. 166 00:08:22,080 --> 00:08:23,840 Who got in? It was an obvious play and I 167 00:08:23,840 --> 00:08:25,960 just kind of totally whiffed on it, so I do not own. 168 00:08:26,440 --> 00:08:28,280 It I mean you, you're heavy fart coin right? 169 00:08:28,280 --> 00:08:31,600 So it's OK like but dude, it's funny. 170 00:08:31,600 --> 00:08:34,039 We had the right idea, just wrong, wrong coin. 171 00:08:34,039 --> 00:08:36,280 Like I also had like 2 something percent of that one. 172 00:08:36,280 --> 00:08:39,000 I don't have any more so whatever shit but. 173 00:08:40,679 --> 00:08:42,799 So like they're like and they made their, they, they made 174 00:08:42,799 --> 00:08:44,720 their post exactly how MicroStrategy does it. 175 00:08:44,720 --> 00:08:48,000 So I know they brought back like $1,000,000 worth of far coin 176 00:08:48,000 --> 00:08:50,800 yesterday Dude at the lowest. They bought the bottom. 177 00:08:51,040 --> 00:08:52,480 They're good. They're good investors over at 178 00:08:52,480 --> 00:08:54,560 First Strategy. They're, they're up 10 points, 179 00:08:54,880 --> 00:08:58,360 you know, 10%. Anyways, I want to talk about a 180 00:08:58,360 --> 00:08:59,880 few things too quickly. Mando, good morning. 181 00:08:59,880 --> 00:09:03,880 How you doing? GM guys, I'm doing great, yeah. 182 00:09:04,640 --> 00:09:06,400 We're fantastic. We're fantastic. 183 00:09:06,400 --> 00:09:09,120 It's Friday, we're chilling, obviously love to see that. 184 00:09:09,600 --> 00:09:11,640 And we had a lot of big news. So anyway, Speaking of big news, 185 00:09:11,640 --> 00:09:14,120 Tyler, let's let's go back to that, right? 186 00:09:14,360 --> 00:09:18,640 Do you have a a a a kind of a list of all the headlines we saw 187 00:09:18,680 --> 00:09:20,120 yesterday? Because yesterday was headlines 188 00:09:20,120 --> 00:09:23,560 galore. Maybe Terrett's tweet or did 189 00:09:23,560 --> 00:09:28,240 someone or DB news? I think DB made a a ATLDR. 190 00:09:30,360 --> 00:09:33,040 So the executive order or like are you looking for something to 191 00:09:33,040 --> 00:09:34,520 to share the screen here? Let me see if I. 192 00:09:34,520 --> 00:09:36,960 Can yeah, yeah, I think it was your tweet, the biggest tweet in 193 00:09:36,960 --> 00:09:39,280 American history thing you you tweeted that something the 194 00:09:39,280 --> 00:09:41,040 biggest day in crypto history or some shit. 195 00:09:41,760 --> 00:09:45,360 I thought that was a good post. I mean, I can run back through 196 00:09:45,360 --> 00:09:48,760 that. So we had Trump signed the 197 00:09:48,760 --> 00:09:50,680 executive order. It's called strengthening 198 00:09:50,680 --> 00:09:53,120 American Leadership in Digital Financial technology. 199 00:09:53,120 --> 00:09:56,040 It established a presidential working group for digital asset 200 00:09:56,040 --> 00:09:58,960 markets that's going to be led by David Sacks. 201 00:10:00,720 --> 00:10:03,720 The idea is they're going to advise on crypto policy and 202 00:10:03,720 --> 00:10:07,000 basically set up a regulatory framework for companies to 203 00:10:07,000 --> 00:10:09,240 operate in within the United States. 204 00:10:10,280 --> 00:10:14,680 They're going to ban CBDC's as a part of that and they are also 205 00:10:14,680 --> 00:10:19,640 going to evaluate a national stockpile or digital assets, 206 00:10:19,960 --> 00:10:22,240 which includes Bitcoin, but could potentially be larger. 207 00:10:22,440 --> 00:10:24,840 It opens the door to be larger than than just Bitcoin. 208 00:10:25,640 --> 00:10:27,760 So that that's the main components. 209 00:10:28,280 --> 00:10:29,920 I think it all. There's more parts of the 210 00:10:29,920 --> 00:10:31,640 executive of the executive order. 211 00:10:31,960 --> 00:10:35,880 I believe it also it ensures freedom to transact. 212 00:10:36,960 --> 00:10:39,720 So there's multiple subcomponents of this and still 213 00:10:39,720 --> 00:10:42,640 really need to to dig into it a bit further. 214 00:10:44,120 --> 00:10:47,240 But beyond that, like the SEC repealed SAB 121, which is 215 00:10:47,240 --> 00:10:51,040 arguably, I guess, impacts of the day. 216 00:10:51,040 --> 00:10:53,480 So this is what had prevented banks from really getting into 217 00:10:53,480 --> 00:10:57,280 crypto. And again, this opens the door 218 00:10:57,400 --> 00:11:02,240 for folks to use Bitcoin as collateral at your back. 219 00:11:03,320 --> 00:11:06,200 And like, if folks aren't aware of this, like I'm going through 220 00:11:06,200 --> 00:11:08,880 the home buying process right now, like they just, they don't 221 00:11:08,880 --> 00:11:10,720 look at anything crypto. They don't want to see your 222 00:11:10,720 --> 00:11:12,920 income from crypto. They don't want to count it as 223 00:11:12,920 --> 00:11:15,440 assets it it's nothing. Damn. 224 00:11:16,320 --> 00:11:19,840 And that is going to change. That's crazy, right? 225 00:11:19,840 --> 00:11:21,800 Do they do that in Portugal, Mando or you good there? 226 00:11:21,800 --> 00:11:24,560 They they're like open to crypto money. 227 00:11:25,160 --> 00:11:27,120 No, no, for sure, That would never be. 228 00:11:27,440 --> 00:11:29,840 That would never be allowed as a bank at a bank. 229 00:11:30,360 --> 00:11:33,400 It still kind of has a weird legal status in in in Portugal. 230 00:11:34,720 --> 00:11:37,040 Yeah, here is something along the lines like you have to have 231 00:11:37,040 --> 00:11:41,240 your money off chain for like 6 months for it to be counted as 232 00:11:41,240 --> 00:11:43,160 real. It's crazy, right? 233 00:11:43,960 --> 00:11:46,120 So it's, it's very similar to to your process. 234 00:11:46,120 --> 00:11:47,840 So look yesterday, like guys, like let's talk about this for a 235 00:11:47,840 --> 00:11:50,200 minute. Like arguably like most 236 00:11:50,400 --> 00:11:51,960 important. I know you labeled it as such as 237 00:11:51,960 --> 00:11:54,480 well, Tyler like that's why I thought as well, like the most 238 00:11:54,480 --> 00:11:58,640 important days in history of crypto like and it seems like 239 00:11:58,640 --> 00:12:00,560 people are like have mixed feelings about this. 240 00:12:00,560 --> 00:12:02,360 Like what, what's your what's your what's your read on this 241 00:12:02,360 --> 00:12:04,520 Mendo? Obviously we ran this morning, 242 00:12:04,520 --> 00:12:07,920 so markets were completely up on the US open hit one O 6 again. 243 00:12:08,040 --> 00:12:10,680 Solana ran all the way up to two 270 biggest winner on the day, I 244 00:12:10,680 --> 00:12:12,240 think. But what what? 245 00:12:12,240 --> 00:12:13,720 What's your read on this Mendo here? 246 00:12:15,120 --> 00:12:17,360 I think he did the the most he could possibly do. 247 00:12:19,480 --> 00:12:23,160 You can't spend Congress's money with his active orders. 248 00:12:23,280 --> 00:12:26,960 So he could never have said we're going to actually buy 249 00:12:26,960 --> 00:12:30,800 Bitcoin, but what he basically said is we're probably going to 250 00:12:30,800 --> 00:12:34,160 keep the confiscated Bitcoin. And maybe it wasn't direct like 251 00:12:34,160 --> 00:12:38,680 they heavily hinted at it in the other other details of the 252 00:12:38,680 --> 00:12:43,160 order, But I don't know if people thought that he that 253 00:12:43,160 --> 00:12:47,880 Trump had that power. This is the maximum he could 254 00:12:47,880 --> 00:12:50,640 possibly do. He also can't direct the Fed to 255 00:12:50,640 --> 00:12:56,200 just print money to buy Bitcoin. I don't Yeah, whatever you were 256 00:12:56,200 --> 00:12:58,680 expecting, this is the maximum that you could have happened. 257 00:13:00,000 --> 00:13:03,720 What Senator Loomis has has proposed is that they they sell 258 00:13:03,720 --> 00:13:06,240 their gold holdings and buy Bitcoin with it. 259 00:13:07,040 --> 00:13:10,120 There is like a potential that that can happen. 260 00:13:10,400 --> 00:13:12,560 You know, that's still open. It would have to probably still 261 00:13:12,560 --> 00:13:18,040 pass through Congress, but and and her position in the in the 262 00:13:18,880 --> 00:13:23,000 Senate subcommittee there I think maybe hints at that 263 00:13:23,640 --> 00:13:26,880 essentially being said, right. Because that's what CZ said, 264 00:13:26,880 --> 00:13:29,360 right? CZ quote tweeted her position 265 00:13:29,360 --> 00:13:31,360 and said strategic reserve pretty much confirmed. 266 00:13:32,240 --> 00:13:36,040 But but it hasn't like St. Reserve is is confirmed even if 267 00:13:36,040 --> 00:13:38,160 they don't buy new Bitcoin, right? 268 00:13:38,160 --> 00:13:41,080 They're basically saying this is a strategic asset. 269 00:13:41,160 --> 00:13:44,240 Any confiscated will keep right. It's true. 270 00:13:45,520 --> 00:13:50,040 So, but, but in terms of it buying new ones, that could 271 00:13:50,040 --> 00:13:55,120 never be done by an executive order, at least not with 272 00:13:55,120 --> 00:13:57,680 Congress's money. And then for, for the Fed to do 273 00:13:57,680 --> 00:13:59,440 it, I don't think Trump can really say anything about the 274 00:13:59,440 --> 00:14:00,320 Fed. It would have to be a change of 275 00:14:00,320 --> 00:14:05,920 the, of the, of the, of the Federal Reserve Act. 276 00:14:06,560 --> 00:14:11,120 So yeah, I, I, I, this is the maximum he could possibly have 277 00:14:11,120 --> 00:14:15,840 done in my opinion. And maybe people just had too 278 00:14:15,840 --> 00:14:19,080 high expectations for it. I actually thought this was well 279 00:14:19,080 --> 00:14:22,000 above my expectations that he basically it was going to be 280 00:14:22,000 --> 00:14:24,360 Bitcoin plus other assets and there was going to be 281 00:14:24,960 --> 00:14:28,520 potentially hinting at calling various assets kind of 282 00:14:29,080 --> 00:14:33,640 strategically important here now now will loom must be able to 283 00:14:33,640 --> 00:14:38,920 get through her her buy 10,000 Bitcoin thing or sell the gold 284 00:14:38,920 --> 00:14:41,760 reserves buy Bitcoin. Who knows, but this is the 285 00:14:41,760 --> 00:14:45,200 maximum that Trump can do. Yeah. 286 00:14:45,200 --> 00:14:47,280 What's your take on this, Tyler? We'll show you some stuff on the 287 00:14:47,280 --> 00:14:51,200 screen right now. Yeah, so I, I was looking for 288 00:14:51,200 --> 00:14:55,560 takes, you know, this morning. So 6529, I think 1 generally one 289 00:14:55,560 --> 00:14:59,440 of the more well respected thought leaders in Web 3 and on 290 00:14:59,480 --> 00:15:03,480 CT he went through and called it the single most impressive 291 00:15:03,480 --> 00:15:05,640 government document about crypto ever written. 292 00:15:06,440 --> 00:15:09,680 And he said he's read them all and I, I tend to believe him. 293 00:15:09,920 --> 00:15:14,200 So I think pretty, pretty powerful endorsement there. 294 00:15:14,920 --> 00:15:17,080 I think the, the debate and perhaps some of the bearish 295 00:15:17,080 --> 00:15:19,960 takes in the timeline were all just very hyper near term 296 00:15:19,960 --> 00:15:22,920 focused. And just one like was this 297 00:15:22,920 --> 00:15:26,040 priced in? What like does this mean like 298 00:15:26,240 --> 00:15:29,000 there there's two versions of a stockpile 1 is where we just 299 00:15:29,000 --> 00:15:31,760 hold the Bitcoin we have versus going out and buying it. 300 00:15:32,480 --> 00:15:35,040 And like, what does that mean? Are we just going to chop for 301 00:15:35,040 --> 00:15:40,160 the next 180 days? And and that's all fine, you 302 00:15:40,160 --> 00:15:41,200 know if if. You're changing. 303 00:15:43,680 --> 00:15:46,640 Strain the one second charts on 20X leverage fine. 304 00:15:46,640 --> 00:15:49,360 Like you have to go through that thought process, but I think 305 00:15:49,360 --> 00:15:52,160 there are some days where you just have to to zoom out a 306 00:15:52,160 --> 00:15:54,840 little bit. Just, you know, for God's sakes, 307 00:15:55,800 --> 00:15:58,840 yesterday was one of them. I think it just didn't hit 308 00:15:58,840 --> 00:16:00,680 people in the moment really, because I think we're like, 309 00:16:00,680 --> 00:16:05,120 we're all just like we're in this dopamine fueled mania. 310 00:16:05,120 --> 00:16:09,240 So much is happening, but it's really hard, hard like, like we, 311 00:16:09,240 --> 00:16:11,640 we thought Trump would come in and have a big impact. 312 00:16:12,400 --> 00:16:15,440 It was unclear how quickly he'd be able to do it or if he would 313 00:16:15,440 --> 00:16:16,640 actually do everything that he laid out. 314 00:16:17,080 --> 00:16:19,360 And I think we have to give him maximum credit. 315 00:16:19,360 --> 00:16:22,480 He, he's quite literally doing everything he said he would do 316 00:16:22,480 --> 00:16:24,480 and he's done it in the first 3 days. 317 00:16:26,200 --> 00:16:30,200 And I the, the impact, I don't think people can really 318 00:16:30,280 --> 00:16:34,400 understand the, the impacts. Like I think Sailor called the 319 00:16:34,520 --> 00:16:40,080 crypto renaissance is beginning. I don't really think that's 320 00:16:40,440 --> 00:16:42,000 measuration. I think that's real. 321 00:16:42,760 --> 00:16:44,680 Like I think it, it really is a paradigm shot. 322 00:16:44,800 --> 00:16:47,520 Like being able to use crypto assets as collateral inside the 323 00:16:47,520 --> 00:16:53,160 banking system is a massive unlock, strategic reserve, 324 00:16:53,560 --> 00:16:54,720 massive unlock. Bing. 325 00:16:54,760 --> 00:16:56,480 Bing will have a clear regulatory framework for 326 00:16:56,480 --> 00:16:58,640 companies to come and operate here who had to previously 327 00:16:58,640 --> 00:17:01,560 operate offshore. It is a massive unlock. 328 00:17:01,840 --> 00:17:05,400 So I don't, I don't think you can really make a real bear, a 329 00:17:05,400 --> 00:17:13,000 serious bear case at this point. Yeah, it's, I don't know. 330 00:17:13,000 --> 00:17:14,720 I mean, it's it's so hard to make a bare case. 331 00:17:14,720 --> 00:17:18,960 And then we have David Sachs, Crypto Caesar coming on. 332 00:17:19,680 --> 00:17:22,839 What was it, CNBC or some shit like one of the big one of the 333 00:17:22,839 --> 00:17:26,319 big ones in America and literally talking about how meme 334 00:17:26,319 --> 00:17:29,880 coins are collectibles alongside NFTI mean, how does he guys feel 335 00:17:29,880 --> 00:17:31,000 about that one? That was funny. 336 00:17:31,040 --> 00:17:32,200 Meme coins. Collectibles. 337 00:17:33,160 --> 00:17:34,600 Yeah, I like that. I like that. 338 00:17:34,640 --> 00:17:39,320 I mean, he he said it, but then he also said some tokens are not 339 00:17:39,320 --> 00:17:41,360 like, I don't think this necessarily means you can 340 00:17:41,360 --> 00:17:45,240 basically just go in and say, hey, yeah. 341 00:17:46,920 --> 00:17:49,920 But yeah, it feels, it feels like that's what we've wanted to 342 00:17:49,920 --> 00:17:52,240 see from them for many, many a long time. 343 00:17:52,520 --> 00:17:58,880 What this points to, though, is you are a new set of like a 344 00:17:58,960 --> 00:18:00,560 completely new set of regulation. 345 00:18:01,200 --> 00:18:03,040 Like, there's no way they're going to try and stuff. 346 00:18:03,040 --> 00:18:07,960 This was the Securities Act from whatever it was 80 years ago. 347 00:18:07,960 --> 00:18:10,960 Like he's basically saying that different sorts of different 348 00:18:10,960 --> 00:18:14,800 digital assets are going to be classed in different ways. 349 00:18:14,920 --> 00:18:19,600 So I think it's going to require like a whole new set of of 350 00:18:19,600 --> 00:18:21,360 specific regulation about different things. 351 00:18:23,320 --> 00:18:25,240 Yeah, yeah, I know. Definitely. 352 00:18:25,240 --> 00:18:29,720 So look at this stage like you know, the stage is set guys for 353 00:18:29,720 --> 00:18:32,000 for for great four years in in crypto. 354 00:18:32,000 --> 00:18:34,680 Now, what I mean for price sections, we'll see, but 355 00:18:35,560 --> 00:18:38,840 decision said boys like this, this is like probably as good as 356 00:18:38,840 --> 00:18:40,080 news as we could have gotten, right? 357 00:18:40,960 --> 00:18:43,880 So we'll we'll see. I think like also the SC was so 358 00:18:43,880 --> 00:18:46,000 wrong calling NFT securities to start with, right? 359 00:18:46,000 --> 00:18:49,200 So it's good that they're already taking a stance on that 360 00:18:49,200 --> 00:18:50,960 because collectibles are not securities, right? 361 00:18:52,920 --> 00:18:56,360 I think the one of the biggest takeaways from Sax is just that 362 00:18:56,360 --> 00:18:59,680 he appreciates nuance and he can have a conversation about how 363 00:18:59,960 --> 00:19:02,760 digital assets are, can be different things in different 364 00:19:02,760 --> 00:19:05,720 contexts, right? Like, can we just have like 365 00:19:05,720 --> 00:19:09,560 logic, like a logical approach to to this market versus just 366 00:19:09,560 --> 00:19:12,680 having blanket statements about, you know, what every single 367 00:19:12,680 --> 00:19:15,520 thing is or not in a binary fashion. 368 00:19:16,080 --> 00:19:18,680 And I think that's, that's some of the commentary I've seen the 369 00:19:18,680 --> 00:19:20,600 most from folks who are who are happy with that. 370 00:19:20,600 --> 00:19:22,720 The quick sound clip there, David. 371 00:19:23,840 --> 00:19:27,480 Yeah, 100 percent, 100%. That's definitely, that's 372 00:19:27,480 --> 00:19:29,720 definitely it. And it's only good news anyways. 373 00:19:30,480 --> 00:19:35,240 Another news that I'm seeing right now, which seems to be 374 00:19:35,240 --> 00:19:39,080 breaking news, is that Trump is making menthol cigarettes legal 375 00:19:39,080 --> 00:19:43,600 again in the USA. So I swear to God. 376 00:19:44,000 --> 00:19:47,480 You know they were illegal. Yeah, dude, congratulations. 377 00:19:47,800 --> 00:19:49,800 You know, literally making America great again. 378 00:19:49,840 --> 00:19:53,760 You know, so I just saw that. I thought it was funny. 379 00:19:54,000 --> 00:19:57,200 Mental cigarette band withdrawn by Trump administration. 380 00:19:57,960 --> 00:20:02,080 I'm not kidding. And the first comment is MOG. 381 00:20:02,080 --> 00:20:07,720 Coding. They love those in Europe dude. 382 00:20:08,320 --> 00:20:11,000 They love them with their mental cigarettes in Europe though. 383 00:20:11,000 --> 00:20:16,880 It's so funny. Something the we're the comments 384 00:20:16,960 --> 00:20:18,560 are funny. Anyways, just thought that was 385 00:20:18,560 --> 00:20:19,440 funny. What else, Tyler? 386 00:20:22,400 --> 00:20:25,800 Let's see, you know, we we talked about the banking thing 387 00:20:25,800 --> 00:20:27,960 and that maybe he's doing deeper. 388 00:20:30,720 --> 00:20:32,280 Let's see, do we want to talk about serious stuff or do we 389 00:20:32,280 --> 00:20:34,680 want to talk about like fun stuff like do we want to go into 390 00:20:34,680 --> 00:20:38,200 the D Gen. streets or do we want to hang back and talk more? 391 00:20:38,320 --> 00:20:39,680 Or I guess we could talk. We should probably talk to the 392 00:20:39,680 --> 00:20:41,480 Metallic blog a little bit before. 393 00:20:41,640 --> 00:20:46,600 We go. Before we go to sideways, I'll, 394 00:20:46,600 --> 00:20:50,360 I'll try to get it pulled up here in, in a second. 395 00:20:50,520 --> 00:20:55,360 But basically he, he dropped a blog last night. 396 00:20:55,360 --> 00:20:59,640 It's it's called scaling Ethereum L1 and L twos in 2025 397 00:20:59,840 --> 00:21:02,760 and beyond. He goes through some of the 398 00:21:02,760 --> 00:21:07,640 challenges they've been facing, lays out some solutions to those 399 00:21:07,640 --> 00:21:10,080 challenges. And I think the highlight and 400 00:21:10,080 --> 00:21:14,680 and perhaps what was the most eye opening of it was an 401 00:21:14,680 --> 00:21:20,640 increased focus on making Ethereum the token a, a, a core 402 00:21:20,640 --> 00:21:23,800 like front and center asset for the broader ecosystem. 403 00:21:23,880 --> 00:21:27,320 And he calls it a triple point asset positioned as a store 404 00:21:27,320 --> 00:21:32,400 value collateral and a utility token and encourages L twos to 405 00:21:32,400 --> 00:21:36,280 allocate a portion of their fees to ETH effectively. 406 00:21:37,920 --> 00:21:41,440 And he talks about other goals to explore new revenue streams 407 00:21:42,360 --> 00:21:46,320 to generate ETH burns. So it it it feels like a 408 00:21:46,320 --> 00:21:53,560 response from someone who has seen the criticism that's that's 409 00:21:53,560 --> 00:21:57,120 been getting a lot better and loud and is taking it seriously 410 00:21:57,320 --> 00:21:59,160 and is put out a thoughtful response. 411 00:21:59,480 --> 00:22:04,280 But I think if you're, I mean Eric dot ETH in shambles is. 412 00:22:07,560 --> 00:22:09,480 This guy? I'm curious, does this guy ever 413 00:22:09,480 --> 00:22:14,480 built anything? The area guy specifically, he's 414 00:22:14,480 --> 00:22:16,600 the founder of like, how did he end up with like such a a 415 00:22:16,840 --> 00:22:20,560 following and importance? Oh, I don't know. 416 00:22:21,000 --> 00:22:22,960 Yeah. Like at least some of the other 417 00:22:22,960 --> 00:22:26,480 E like, you know, haters, whatever was an ethic was at 418 00:22:26,560 --> 00:22:30,080 least they've built something. I'm just always wondering. 419 00:22:30,800 --> 00:22:33,160 He's just a code dev, I don't really know what that would 420 00:22:33,160 --> 00:22:36,800 entail. Is he even, well, maybe scaling? 421 00:22:37,120 --> 00:22:40,640 I like this though. Tyler, I, I want Vitalik to win. 422 00:22:40,640 --> 00:22:45,560 You know, I think we all do. You know, he's got to fix this 423 00:22:45,560 --> 00:22:46,880 L2 shit. We were talking about this with 424 00:22:46,880 --> 00:22:48,680 Mando yesterday, right? Mando was like, the L twos don't 425 00:22:48,680 --> 00:22:50,800 bring value to the L1, and that's the fact, right? 426 00:22:51,240 --> 00:22:53,240 They're not. They're running away with the 427 00:22:53,240 --> 00:22:55,360 narrative. They're getting away with it, 428 00:22:56,400 --> 00:22:59,320 you know? I just, it's all well and good 429 00:22:59,320 --> 00:23:03,520 that he writes A blog, but it's that's become very ETH right 430 00:23:03,520 --> 00:23:04,920 now. It's it's become more 431 00:23:04,920 --> 00:23:08,520 theoretical. I've seen a lot of the type 432 00:23:08,520 --> 00:23:11,080 blogs about the future of ETH over the last year. 433 00:23:11,320 --> 00:23:13,680 Two years, right? There's always new pens one all 434 00:23:13,680 --> 00:23:18,560 the time. Like the last I I feel like I 435 00:23:18,560 --> 00:23:22,520 don't know need to are. You saying less blogging? 436 00:23:23,160 --> 00:23:25,920 Definitely less blogging, more doing in my opinion from the ETH 437 00:23:25,920 --> 00:23:30,200 community. I will say, yeah, I think that's 438 00:23:30,200 --> 00:23:31,400 a fairpoint. Fair. 439 00:23:31,680 --> 00:23:33,680 Very fair, yeah. Slow, right? 440 00:23:34,600 --> 00:23:39,880 ETH is like the corporate giant of the crypto world and Solana 441 00:23:39,880 --> 00:23:44,160 is the shiny new start up which moves fast and literally breaks 442 00:23:44,160 --> 00:23:48,840 things. But they are and iterating much 443 00:23:48,840 --> 00:23:50,680 faster, right? Like that has to be objectively 444 00:23:50,680 --> 00:23:53,200 true. There's a lot that goes on, you 445 00:23:53,200 --> 00:23:54,320 know, there's a lot that goes into that. 446 00:23:55,600 --> 00:23:57,040 I mean, they've got to catch up, right? 447 00:23:57,200 --> 00:23:59,360 Like it there's a world where like even if you have all the 448 00:23:59,360 --> 00:24:01,480 institutional backing and everything, like you get less 449 00:24:01,480 --> 00:24:05,680 left behind, right in general, like first market is in best 450 00:24:05,680 --> 00:24:08,640 market always right. I think I think this is a 451 00:24:08,640 --> 00:24:09,960 problem crypto has. They think that because 452 00:24:09,960 --> 00:24:12,600 something's first like it's going to be the winner, but 453 00:24:12,600 --> 00:24:15,640 there's only one Bitcoin, right? I love Ethereum. 454 00:24:16,960 --> 00:24:19,920 I don't know. I don't know. 455 00:24:20,000 --> 00:24:23,040 It's concerning for Ethereum founders, I think, and I think 456 00:24:23,040 --> 00:24:25,120 that they should really like take it really seriously and 457 00:24:25,120 --> 00:24:27,280 start bringing that attention back to Ethereum and like 458 00:24:27,360 --> 00:24:29,840 iterating fast. I thought it'd be important. 459 00:24:30,120 --> 00:24:32,760 You know, I guess I what is it matter you sent me yesterday? 460 00:24:32,760 --> 00:24:37,360 Like Vitalik talks slamming like president coins, Yeah. 461 00:24:38,240 --> 00:24:41,520 He only wrote a blog about how or like a long thesis about how 462 00:24:41,760 --> 00:24:44,720 presidential coins aren't good. It's like, do you know what I 463 00:24:44,720 --> 00:24:46,440 mean? It's it's become a bit like the 464 00:24:46,440 --> 00:24:48,960 Kadano communities are often criticized for this and that. 465 00:24:48,960 --> 00:24:54,520 It's like way too theoretical and and they they took ages to 466 00:24:54,520 --> 00:24:59,360 build out pretty basic things as it went to like peer review. 467 00:24:59,680 --> 00:25:02,680 And at the time, like it was seen as like the one which moved 468 00:25:02,680 --> 00:25:07,680 quicker, broke things like was more willing to take risks. 469 00:25:08,680 --> 00:25:12,320 Now it feels very much like that. 470 00:25:12,320 --> 00:25:16,360 They not like explicitly, but they kind of try and gatekeeper 471 00:25:16,360 --> 00:25:19,640 what people do with or criticize what people do with block chains 472 00:25:19,640 --> 00:25:21,800 and then aren't really adapting as quick. 473 00:25:21,800 --> 00:25:23,840 So I just I think there's we need less theory. 474 00:25:23,880 --> 00:25:26,480 We need less less of all of this. 475 00:25:26,600 --> 00:25:28,520 I think it's, yeah, it's just pondering. 476 00:25:28,520 --> 00:25:30,480 It's less like discussing what others are doing. 477 00:25:30,480 --> 00:25:33,000 Like it's less like they spent all this cycle talking about 478 00:25:33,000 --> 00:25:37,160 what Solange's doing wrong rather than trying to catch up, 479 00:25:37,400 --> 00:25:39,000 you know? I've never heard. 480 00:25:39,000 --> 00:25:42,280 I've never seen the founders of of Solana write A blog. 481 00:25:43,200 --> 00:25:46,960 Not once. They really don't give a fuck 482 00:25:46,960 --> 00:25:47,920 dude. They're just building. 483 00:25:48,840 --> 00:25:51,560 Raj is out there shooting guns, being an American, fucking 484 00:25:51,560 --> 00:25:55,800 building this thing. Like the SLON conferences, 485 00:25:55,800 --> 00:25:57,520 right? Like they give kind of keynotes. 486 00:25:57,680 --> 00:25:59,880 Yeah, they give keynotes, but they're more Apple ask, right? 487 00:25:59,880 --> 00:26:04,720 It's less like they speak to I think. 488 00:26:04,720 --> 00:26:07,720 I guess what's mindless thing is that they speak more to the to 489 00:26:07,720 --> 00:26:12,240 the like to the outside crowd rather than just to like the 490 00:26:12,240 --> 00:26:15,400 people will read like the 10 page blog and the core devs. 491 00:26:15,520 --> 00:26:17,560 You know I. Just don't think we need to hear 492 00:26:17,560 --> 00:26:20,280 it. Hear, hear this from like, like, 493 00:26:20,280 --> 00:26:21,760 what? Why is someone taking their time 494 00:26:21,760 --> 00:26:23,840 out of the day to write something about Trump's 495 00:26:23,840 --> 00:26:28,000 political coin? Like it's just not someone who's 496 00:26:28,000 --> 00:26:30,800 like who is deep, deeply rooted in in kind of the core 497 00:26:30,800 --> 00:26:34,280 principles of blockchain and which I felt like with East for 498 00:26:34,280 --> 00:26:36,120 a while. Like the founders of East never 499 00:26:36,120 --> 00:26:37,760 really liked NFTS when that happened. 500 00:26:37,760 --> 00:26:39,920 They clearly like. Well, he was hating on board 501 00:26:39,920 --> 00:26:41,600 AIDS day one, remember? Right. 502 00:26:41,600 --> 00:26:45,960 So like the, the, the, the very like socially and politically 503 00:26:46,080 --> 00:26:50,000 active rather than maybe just about shipping new things and 504 00:26:50,000 --> 00:26:52,360 working out why they what's wrong right now and how to fix 505 00:26:52,360 --> 00:26:55,640 it. That's that that. 506 00:26:55,640 --> 00:26:59,680 That's just my sense. OK. 507 00:27:00,440 --> 00:27:02,520 On the side, on the side from a training perspective. 508 00:27:02,520 --> 00:27:03,880 Sorry if we're OK to switch. No, no. 509 00:27:03,880 --> 00:27:06,600 Please go ahead. Enjoy this take from Bob. 510 00:27:08,480 --> 00:27:10,760 If you're a soul Maxi, you got to like this one or at least 511 00:27:10,760 --> 00:27:12,720 have a bag. He he's calling for six hundred 512 00:27:12,880 --> 00:27:18,040 $600.00 Solana in eight weeks potentially and one of the 513 00:27:18,120 --> 00:27:21,600 traders we might get this today. The ETFs. 514 00:27:21,600 --> 00:27:23,040 The approval deadline is tomorrow. 515 00:27:23,320 --> 00:27:25,600 I'm, I'm reading this right now. It's funny you see this here 516 00:27:25,920 --> 00:27:30,160 pull up this tweet. The Vanette guy I just sent you. 517 00:27:30,280 --> 00:27:31,400 I just in the film. We'll chat. 518 00:27:31,400 --> 00:27:33,160 Let me send you guys something. Sorry, I can't share my screen 519 00:27:33,160 --> 00:27:38,000 today. You know I'm I'm looking Amanda. 520 00:27:38,000 --> 00:27:39,760 We should talk about the far coin thing in a second too. 521 00:27:42,480 --> 00:27:44,640 God damn it, dude, when I'm using control now and it's like 522 00:27:44,640 --> 00:27:48,280 trading so bad. But see this this is it. 523 00:27:48,280 --> 00:27:49,280 So this guy wrote a whole thread. 524 00:27:49,280 --> 00:27:51,440 Remember he was calling top not long ago and like calling Mark 525 00:27:51,440 --> 00:27:53,280 it done, but he just wrote a whole thread, but it's still on 526 00:27:53,280 --> 00:27:56,360 and how it has upside. And this is deadline you're 527 00:27:56,360 --> 00:27:59,160 talking about, right? Matthew Segals you can click on 528 00:27:59,160 --> 00:28:02,640 Matthew Segals tweet probably. Oh yeah. 529 00:28:02,880 --> 00:28:05,760 Yeah, right there. OK. 530 00:28:06,240 --> 00:28:09,640 There you go. OK, so maybe maybe it's not the 531 00:28:09,640 --> 00:28:14,280 deadline, which perhaps so Seoul had a huge move yesterday. 532 00:28:14,280 --> 00:28:15,840 I'm not sure if you guys saw this. 533 00:28:15,840 --> 00:28:18,880 This morning, right? 20 points from last night. 534 00:28:19,160 --> 00:28:22,000 Wow. Seoul was the most obvious trade 535 00:28:22,480 --> 00:28:24,320 out of all the day in my opinion. 536 00:28:24,320 --> 00:28:29,400 I put that out way, what's the bad case like? 537 00:28:29,680 --> 00:28:31,840 He's basically said it could be more than more than just 538 00:28:31,840 --> 00:28:34,720 Bitcoin. He said US focus, David Sacks is 539 00:28:34,720 --> 00:28:38,280 a seed investor and generally the more regulation stuff would 540 00:28:38,280 --> 00:28:43,720 mean more use of once like if if passes a few of those, but it's 541 00:28:43,720 --> 00:28:49,560 not US based. And yeah, I don't know, it 542 00:28:49,720 --> 00:28:52,360 doesn't have ties to David Sacks, I don't think in any sort 543 00:28:52,360 --> 00:28:55,680 of way. So Bitcoin would clearly make it 544 00:28:55,680 --> 00:28:59,640 through. Like obviously, yeah, Seoul is 545 00:28:59,680 --> 00:29:01,040 obviously going to make it through too. 546 00:29:01,320 --> 00:29:05,960 The question marks really are, does XRP get it despite not 547 00:29:05,960 --> 00:29:08,520 really having the same sort of use? 548 00:29:09,120 --> 00:29:12,040 And does it does ease because it's not really as US focused? 549 00:29:12,040 --> 00:29:19,040 I don't know, but Solana does. James Seyfar just tweeted now he 550 00:29:19,040 --> 00:29:22,280 said there's no deadline today. There's no Active Solana ETF 19 551 00:29:22,280 --> 00:29:25,000 before filing. All right. 552 00:29:25,000 --> 00:29:30,600 So maybe that is not a like a particular time pressing, but 553 00:29:30,600 --> 00:29:33,120 it's still out there, right. And just because the deadline 554 00:29:33,120 --> 00:29:35,440 isn't today doesn't mean it still couldn't happen in the in 555 00:29:35,520 --> 00:29:37,680 the near future. We've got the futures ETFs going 556 00:29:37,680 --> 00:29:43,440 live in March I believe and it's more than just ETFs. 557 00:29:44,160 --> 00:29:48,720 There's other tailwinds with with Fire dancer with explosion 558 00:29:48,720 --> 00:29:51,840 and meme corn trading. But you know what also do we 559 00:29:51,880 --> 00:29:53,440 want these fight? Like I know we want the fighting 560 00:29:53,440 --> 00:29:55,360 and stuff, but we see what happened with Eve and stuff. 561 00:29:55,360 --> 00:29:58,080 Like I love the idea of it coming. 562 00:29:58,360 --> 00:30:01,240 I've become such a fan of that in general in crypto. 563 00:30:01,680 --> 00:30:05,560 The thought of the SBR coming, the thought of you know, the 564 00:30:05,560 --> 00:30:08,680 thought of the Salon ETF's coming, the thought of you know, 565 00:30:08,680 --> 00:30:12,840 from a trading perspective. I think from a training 566 00:30:12,840 --> 00:30:15,080 perspective, that's why the strategic reserve was the the 567 00:30:15,280 --> 00:30:17,680 best case scenario outcome yesterday. 568 00:30:18,520 --> 00:30:22,560 They're going to evaluate over 180 days and then pending, you 569 00:30:22,560 --> 00:30:24,640 know, exactly how they implement it. 570 00:30:24,920 --> 00:30:27,840 You know, maybe Pumas comes in with a purchase program, maybe 571 00:30:27,840 --> 00:30:32,120 she doesn't. We all have 180 days like at 572 00:30:32,120 --> 00:30:34,240 least. So how many days of chop is 573 00:30:34,240 --> 00:30:35,000 that? What's going on, boys? 574 00:30:36,600 --> 00:30:39,480 Acquire more Bitcoin before a potential like I think everyone 575 00:30:39,480 --> 00:30:43,560 generally thinks that if if the United States is bio is actually 576 00:30:43,560 --> 00:30:45,680 purchasing Bitcoin, the price is going to go up and perhaps 577 00:30:45,680 --> 00:30:48,600 rapidly. I think they will dude, like all 578 00:30:48,600 --> 00:30:51,440 it was. Going to happen this week, but 579 00:30:51,440 --> 00:30:53,560 now it looks like we have half a year. 580 00:30:54,120 --> 00:30:57,280 So I think that's. Good prolonged, prolonged cycle. 581 00:30:57,680 --> 00:31:00,400 Honestly, I know I may sound like a crazy moon bar right now, 582 00:31:00,880 --> 00:31:03,800 but all this shit more chopped to like, OK, obviously not six 583 00:31:03,800 --> 00:31:04,680 months. I'd love to joke about it 584 00:31:04,680 --> 00:31:06,920 because like the chart is 6 months, but like say we chopped 585 00:31:06,920 --> 00:31:12,840 to like Feb, mid Feb, March, you know, just longer cycle dude, 586 00:31:12,840 --> 00:31:15,680 like maybe Q 12026, you know, I mean like, I don't know, who 587 00:31:15,680 --> 00:31:18,760 knows, Like who knows, what if in 180 days there is a fucking 588 00:31:18,760 --> 00:31:21,520 SBR and they start buying up Bitcoin with gold reserves, who 589 00:31:21,520 --> 00:31:23,520 knows? You know, we could have a cycle 590 00:31:23,520 --> 00:31:25,600 27. Like none of us know this shit, 591 00:31:25,600 --> 00:31:27,600 you know what I mean? Like I don't want to, you know 592 00:31:27,720 --> 00:31:28,880 what I mean? Like there's so many 593 00:31:28,880 --> 00:31:31,480 possibilities here for this market. 594 00:31:31,560 --> 00:31:33,080 I love it. I love. 595 00:31:33,240 --> 00:31:36,360 It year cycle I'm already I've already thrown it out. 596 00:31:36,760 --> 00:31:40,440 I, I, maybe I've gone really like comfortable in my GLP 597 00:31:40,440 --> 00:31:42,320 thanks to Mando, but I'm, I'm chilling, dude. 598 00:31:42,360 --> 00:31:46,000 I I want to be Mando. I'm going to be chilling now. 599 00:31:46,200 --> 00:31:49,960 I that's it. He's going to be chilling until 600 00:31:49,960 --> 00:31:53,560 the next chill guy comes and he's going to fire. 601 00:31:54,760 --> 00:31:58,480 You know this. The most tiny bit of homo for a 602 00:31:58,560 --> 00:32:00,080 spool in my hands. But I need to sell. 603 00:32:00,080 --> 00:32:01,160 I need to sell. I need to sell. 604 00:32:02,320 --> 00:32:05,240 I may, I literally I asked Mando if he's OK with me sending him 605 00:32:05,240 --> 00:32:08,280 like literally my keys the other day. 606 00:32:08,480 --> 00:32:12,200 Like I may literally send all my coins to Mando like I'm I'm 607 00:32:12,400 --> 00:32:14,160 there. One shot and he's like, Oh my 608 00:32:14,160 --> 00:32:15,480 God, I need to get it. Shut up. 609 00:32:15,760 --> 00:32:18,040 Let's. I literally texted Mando to his. 610 00:32:18,040 --> 00:32:19,880 I was like, can I just send you all my coins? 611 00:32:20,880 --> 00:32:23,120 That's how much I trust the guy and don't trust myself. 612 00:32:24,960 --> 00:32:27,280 Do you mind if we start? A nose is safe where you have to 613 00:32:27,280 --> 00:32:29,480 sign. I literally proposed this to 614 00:32:29,480 --> 00:32:32,360 Mando. I'm not even kidding. 615 00:32:32,360 --> 00:32:35,120 I was like dude, like just be a signer of my thing that way. 616 00:32:35,120 --> 00:32:38,880 Like if you think it's a bad call, just like don't sign the 617 00:32:38,880 --> 00:32:40,120 transaction. You know what I mean? 618 00:32:40,120 --> 00:32:44,320 This is where we're at, Tyler. No, I do have nothing. 619 00:32:44,320 --> 00:32:46,840 I you know what? Just to feel something, I'm 620 00:32:46,840 --> 00:32:49,160 sports betting and I put 100 soul in the wallet and I'm going 621 00:32:49,160 --> 00:32:52,400 to make a vector dot font account with that and just try 622 00:32:52,400 --> 00:32:55,280 and go on to Frank D God's arc or some shit like that. 623 00:32:55,640 --> 00:32:59,920 Anyways, quickly, can we just talk about the truth terminal 624 00:32:59,920 --> 00:33:02,560 and how he needed a new banshee and a Kunicek because we didn't 625 00:33:02,560 --> 00:33:06,520 cover that yesterday. But like, can we just talk about 626 00:33:06,520 --> 00:33:11,400 like the arguably like like like what biggest rugs I've seen like 627 00:33:11,400 --> 00:33:14,880 in a little bit it. Why is it a rug? 628 00:33:14,880 --> 00:33:17,080 Just let's start there, OK? It's not a rug. 629 00:33:17,200 --> 00:33:18,400 OK, I'm sorry. It's not a rug. 630 00:33:18,400 --> 00:33:19,880 This is wrong. I'm being exaggerating on the 631 00:33:19,880 --> 00:33:20,960 show. It's not a rug. 632 00:33:21,400 --> 00:33:22,800 What I would say. Sit right with me. 633 00:33:23,040 --> 00:33:25,520 Not very AI why this happened there. 634 00:33:25,840 --> 00:33:27,000 He doesn't. Sit right with me. 635 00:33:27,560 --> 00:33:30,520 I know the, I know the the CTO team, right? 636 00:33:30,520 --> 00:33:32,720 And they weren't consulted on any of that. 637 00:33:32,840 --> 00:33:35,200 So I don't, I don't really know. Are you sure? 638 00:33:36,320 --> 00:33:38,000 Yeah. Wow, because I would have 639 00:33:38,000 --> 00:33:40,840 thought that gut holders like really pressured this to happen, 640 00:33:40,840 --> 00:33:43,040 but I'm I'm happy that you're you're confirming they're not 641 00:33:43,040 --> 00:33:44,960 because it's positive. It was I mean it's supposed to 642 00:33:44,960 --> 00:33:47,680 be positive for growth, but turns out even goat went lower. 643 00:33:48,120 --> 00:33:52,320 But, you know, I think like, I think it's funny, Ebola and I 644 00:33:52,320 --> 00:33:55,720 just had a. Like those assets were kind of 645 00:33:55,720 --> 00:33:57,840 explicitly said for a while they were going to be sold, right? 646 00:33:57,840 --> 00:34:01,000 But I think the idea was that like, maybe the truth term will 647 00:34:01,000 --> 00:34:05,160 decide what to sell and how it really pan out like that. 648 00:34:05,680 --> 00:34:09,440 So yeah, I don't know. I've got. 649 00:34:10,280 --> 00:34:14,440 I know we have our guest with us and we're running tight on time. 650 00:34:16,280 --> 00:34:18,239 I mean, give your thoughts and then let's get the guest on 651 00:34:18,239 --> 00:34:19,960 because anyways, it's perfect segue because we're talking to 652 00:34:19,960 --> 00:34:21,080 founders zero bro anyways, right? 653 00:34:21,480 --> 00:34:24,880 High level I I think it it removed one of the biggest 654 00:34:24,880 --> 00:34:27,679 overhangs left for far coin. So like one of the single 655 00:34:27,679 --> 00:34:31,920 biggest risk still was is true terminal was going to FSH this 656 00:34:31,920 --> 00:34:33,480 bag and sell it all. Yeah. 657 00:34:34,520 --> 00:34:35,880 What, what were they going to do? 658 00:34:37,080 --> 00:34:39,239 Like we we still have to work through the cell pressure of how 659 00:34:39,239 --> 00:34:40,840 they over the counter did and whatnot. 660 00:34:40,840 --> 00:34:42,360 So. I'm sure. 661 00:34:43,360 --> 00:34:47,080 So in the near term, right, like it's hard to say, like, oh, this 662 00:34:47,080 --> 00:34:49,880 thing's just going to RIP to Infinity in the next three days. 663 00:34:50,679 --> 00:34:53,040 But I think longer term it's good. 664 00:34:53,159 --> 00:34:55,159 It's removed one of the last remaining risks. 665 00:34:55,920 --> 00:34:59,000 I, I honestly, if I'm being honest, I I hated the move from 666 00:34:59,000 --> 00:35:01,360 the from Andy. He was well. 667 00:35:02,200 --> 00:35:04,400 I I hated Howard they about it. I think they could have done 668 00:35:04,400 --> 00:35:06,880 this much. Also at night on the thread, 669 00:35:06,880 --> 00:35:09,120 like we like we were wondering in the chat like why is this 670 00:35:09,120 --> 00:35:12,080 thing selling off non-stop from 2.7 for the last few days, a 671 00:35:12,080 --> 00:35:15,200 couple days, like every time it went to like 197, it like was 672 00:35:15,200 --> 00:35:17,480 getting smacked back down like to these levels. 673 00:35:17,480 --> 00:35:19,840 And I'm wondering why is this thing trading so bad with every 674 00:35:19,840 --> 00:35:23,280 positive momentum Kraken spot. I know Kraken's like they're 675 00:35:23,280 --> 00:35:24,760 getting there right. Kraken's starting to really get 676 00:35:24,760 --> 00:35:27,760 mind share over Coinbase like this this and that and not to 677 00:35:27,760 --> 00:35:31,320 win a mute out of all people dude, they'd be like damn it who 678 00:35:31,320 --> 00:35:34,720 already had a 8 figure position. So I'm interested is are they 679 00:35:34,720 --> 00:35:38,480 doing this to for? I don't know but. 680 00:35:39,480 --> 00:35:42,480 The whole cool point was it was true terminal like doing this. 681 00:35:42,920 --> 00:35:45,000 Yeah, more than Andy gets involved. 682 00:35:45,040 --> 00:35:47,360 The the the less cool the whole thing is. 683 00:35:47,400 --> 00:35:49,880 I mean, I think we saw that right Wicks on like 1 candle to 684 00:35:49,880 --> 00:35:52,440 like 400 and now it's back to 71 on the GOAT side. 685 00:35:52,440 --> 00:35:57,000 So we'll see what happens there, but definitely not great to form 686 00:35:57,000 --> 00:36:00,400 here. Listen, compounds, islands, 687 00:36:00,400 --> 00:36:02,920 mansions, you know, $50 million Brads a lot of that. 688 00:36:03,080 --> 00:36:05,240 Shout to him, Gajira, for the donation, I guess. 689 00:36:06,040 --> 00:36:09,680 How much How did he feel? You think because he gave it to 690 00:36:09,680 --> 00:36:11,720 him. He gave it the truth terminal. 691 00:36:13,080 --> 00:36:13,760 Oh yeah, yeah. I. 692 00:36:14,240 --> 00:36:17,680 Yeah, I don't know, like I definitely, I I said that from 693 00:36:17,680 --> 00:36:20,960 the start like that was the one thing that could that could 694 00:36:21,360 --> 00:36:23,240 vibes around it. And I don't think that was done 695 00:36:23,280 --> 00:36:24,920 as best as it could have been done for sure. 696 00:36:25,160 --> 00:36:28,160 Yeah, although I do. He was always going to sell the 697 00:36:28,160 --> 00:36:29,880 Falcon like. Yeah. 698 00:36:31,200 --> 00:36:33,160 There was no what what else was going to happen with that. 699 00:36:33,960 --> 00:36:35,960 I don't doubt it. No, you know, he did tweet 700 00:36:35,960 --> 00:36:38,440 something out and I'm sorry, let's let's bring let's bring 701 00:36:38,440 --> 00:36:40,600 the the zero bro femme up. But like he did tweet out. 702 00:36:40,600 --> 00:36:42,600 That's what I said. He said wait till you see what 703 00:36:42,600 --> 00:36:44,840 it wants to do with the money. Like apparently there was an 704 00:36:44,840 --> 00:36:46,840 instant, let's just say the eventually body man is going to 705 00:36:46,840 --> 00:36:48,120 be unique. Like there was a promise of 706 00:36:48,120 --> 00:36:49,520 something unique happening with the money. 707 00:36:50,120 --> 00:36:54,320 Literally right. So I guess there was nothing 708 00:36:54,320 --> 00:36:57,760 unique and, and we'll see what happens to our, to our, to our 709 00:36:57,760 --> 00:37:01,240 lovely little far coin that's in Wintermute's hands now. 710 00:37:01,360 --> 00:37:04,680 You know, if you want to hear more from Wintermute, KBM and 711 00:37:04,680 --> 00:37:07,640 Mando were grilling him on the wrecked radio last Wednesday 712 00:37:07,720 --> 00:37:10,320 like this 2 days ago. You guys should, I should go 713 00:37:10,320 --> 00:37:12,720 listen back to wrecked radio. Someone high up. 714 00:37:12,840 --> 00:37:13,920 It was someone high up there, right? 715 00:37:13,920 --> 00:37:18,520 I went to mute that was there on your show Mando and and I just 716 00:37:18,520 --> 00:37:22,240 love KBM just firing up questions and I thought it was 717 00:37:22,240 --> 00:37:25,120 brilliant. Anyways, anyways, anyways, we 718 00:37:25,120 --> 00:37:27,560 have Jeffy, we have pit in the Stew. 719 00:37:27,840 --> 00:37:31,040 What's up y'all the founders of 0 bro of if you've been in the 720 00:37:31,160 --> 00:37:33,840 AI trade, you've obviously heard of 0 bro. 721 00:37:34,720 --> 00:37:36,080 You know it's been it's been around. 722 00:37:36,080 --> 00:37:38,960 I think Tyler and Mendel have also covered it like at length 723 00:37:39,200 --> 00:37:42,040 since day zero. So you absolutely love to see 724 00:37:42,040 --> 00:37:42,720 that. What's up guys? 725 00:37:42,720 --> 00:37:44,040 How you guys doing today? What's up? 726 00:37:44,040 --> 00:37:45,480 What's up? Thanks for having us on. 727 00:37:45,960 --> 00:37:48,160 Yeah, what's up? Super good to be here. 728 00:37:48,160 --> 00:37:50,600 Thanks for having us. Dude, thank you for coming. 729 00:37:50,640 --> 00:37:52,000 Tyler. I'm gonna hand this off to you 730 00:37:52,000 --> 00:37:54,720 because you know you, you're AI specialist here. 731 00:37:55,160 --> 00:37:56,400 You're AI specialist on the show. 732 00:37:56,960 --> 00:37:59,600 Yeah, well, well, ten, I know we were chatting a little bit in 733 00:37:59,600 --> 00:38:01,360 DMS, Maybe we can just dig right into it. 734 00:38:01,360 --> 00:38:04,560 I feel like you all have been have been cooking for a bit and 735 00:38:04,560 --> 00:38:06,320 I think people are hungry to know like what's what's been 736 00:38:06,320 --> 00:38:08,120 going on. Yeah, Yeah. 737 00:38:08,560 --> 00:38:11,920 There there's, I see a vast evolution of Cerebro where we 738 00:38:11,920 --> 00:38:15,480 started off peer experiment, but now we're, I would call this a 739 00:38:15,600 --> 00:38:18,840 full-fledged adventure where we want to build a sustainable 740 00:38:18,840 --> 00:38:23,640 product for the long term. And so the way to encapsulate 741 00:38:23,640 --> 00:38:26,040 Cerebro, I think there's three core product areas. 742 00:38:26,040 --> 00:38:29,040 There's Cerebro, the agent itself, which is the schizo 743 00:38:29,520 --> 00:38:33,160 agent where we're building new models in house infrastructure 744 00:38:33,160 --> 00:38:35,960 in the play out. Then we have Zerapire open 745 00:38:35,960 --> 00:38:38,480 source framework. We really built the stop for the 746 00:38:38,480 --> 00:38:41,280 end goal of distribution. Since we built Cerebro, we knew 747 00:38:41,280 --> 00:38:44,960 how to build agents essentially. So now we're building out this 748 00:38:44,960 --> 00:38:49,200 blueprint to create like a factory for agents to come 749 00:38:49,200 --> 00:38:52,120 around. Goal here is to I guess give it 750 00:38:52,120 --> 00:38:53,720 a metaphor. It's like since we're building 751 00:38:53,720 --> 00:38:59,280 our in house models for Cerebro, the Zarapai agents and all the 752 00:38:59,280 --> 00:39:02,440 other frameworks addition as well can tap into these models 753 00:39:02,440 --> 00:39:06,040 and they connect be an API that possess their position to be 754 00:39:06,040 --> 00:39:09,760 like a SAS model. But the Super exciting and and 755 00:39:09,760 --> 00:39:12,760 macro push we're at right now is with our launchpad called 756 00:39:12,760 --> 00:39:16,840 Sentience, where the Serapi agents will be able to 757 00:39:17,680 --> 00:39:20,480 essentially create their agent and then they will have a 758 00:39:20,760 --> 00:39:24,560 tokenized aspect to it and then be tied to Cerebro. 759 00:39:24,880 --> 00:39:28,120 So we really wanted to think about, OK, this AI meta changes 760 00:39:28,120 --> 00:39:30,440 so fast. We want to be a multi cycle 761 00:39:30,600 --> 00:39:33,880 project. What product areas can we build 762 00:39:33,880 --> 00:39:39,360 to be positioned for a multi cycle play and knowing where 763 00:39:39,360 --> 00:39:42,440 trading and activity happens? This let us down to the 764 00:39:42,840 --> 00:39:44,680 launchpad, which actually very complimentary, right? 765 00:39:44,680 --> 00:39:48,320 So we started building an agent. We learned how that works. 766 00:39:48,360 --> 00:39:50,640 We build a framework. This framework will be like the 767 00:39:50,640 --> 00:39:52,600 skeleton in the blueprint for the launchpad. 768 00:39:53,120 --> 00:39:55,720 And then, yeah, we just been really heads down. 769 00:39:55,880 --> 00:39:58,440 Things move so fast in here like you guys were just talking about 770 00:39:58,440 --> 00:40:01,960 far coin. One of my biggest trades is I 771 00:40:01,960 --> 00:40:04,440 got it too far coin on punk because I was so in the trenches 772 00:40:04,440 --> 00:40:08,760 when, yeah, it was when the true terminal Meadow was. 773 00:40:10,640 --> 00:40:14,440 Yeah, it was amazing time. But yeah, but you know, things 774 00:40:14,440 --> 00:40:16,440 are fast, but we're here for the long run. 775 00:40:17,320 --> 00:40:18,880 Really heads down on the product side. 776 00:40:18,880 --> 00:40:23,560 But yeah, and then Jeffy's also I think pushing the agenda on 777 00:40:23,560 --> 00:40:28,200 the creative aspect of AI where we're going to see a lot of the 778 00:40:28,200 --> 00:40:33,160 tech get commoditized. Even like web two players, like 779 00:40:33,160 --> 00:40:36,880 Open AI announcing yesterday, frameworks, all this stuff. 780 00:40:36,880 --> 00:40:39,080 There's going to be a spectrum of commoditization. 781 00:40:39,520 --> 00:40:42,520 We are really going to hone in on the creativity aspect of AII 782 00:40:43,040 --> 00:40:44,960 think that's what a lot to reboot to stand out in the 783 00:40:44,960 --> 00:40:47,240 beginning. So we're going to be pushing 784 00:40:47,240 --> 00:40:52,360 some AI research. We just hired AI Dev to expand 785 00:40:52,360 --> 00:40:55,280 upon the research and then we're going to be looking at like the 786 00:40:55,280 --> 00:40:59,400 bare bones of AI itself to bring some novel AI builds. 787 00:40:59,440 --> 00:41:03,320 I'm sorry, AI creative builds. Jeffy, if you guys, do you have 788 00:41:03,320 --> 00:41:07,040 anything down on top of that? Yeah, I'd say like we're a very 789 00:41:07,040 --> 00:41:09,200 end to end project. I don't think a lot of other 790 00:41:09,200 --> 00:41:12,600 projects are doing the Asia itself, building models, 791 00:41:12,960 --> 00:41:15,120 building the framework and building the launchpad. 792 00:41:16,160 --> 00:41:20,520 So we're trying to cover like the entire ground here and built 793 00:41:20,520 --> 00:41:22,640 up a unique in each of those spaces that we can deliver. 794 00:41:22,640 --> 00:41:25,160 And in terms of the models, we think creativity, like it's 795 00:41:25,160 --> 00:41:28,160 great for like humor, creative writing, like all these things 796 00:41:28,160 --> 00:41:31,200 being funny on Twitter. But at the core of it, 797 00:41:31,560 --> 00:41:34,640 creativity is what's needed for original thought and new 798 00:41:34,640 --> 00:41:36,040 thought. And that's the key to 799 00:41:36,040 --> 00:41:38,920 innovation. So if we build creativity up and 800 00:41:38,920 --> 00:41:41,160 kind of just test it and play around with it and humor and 801 00:41:41,360 --> 00:41:44,800 these smaller playgrounds, but we develop improved creativity 802 00:41:44,800 --> 00:41:46,920 for models, it can actually improve things like drug 803 00:41:46,920 --> 00:41:51,480 discovery or discovering new political system for like 804 00:41:51,600 --> 00:41:54,680 structures or things like that for AGI in the future. 805 00:41:54,680 --> 00:41:57,480 So we think the work we're doing is like pretty important from a 806 00:41:57,480 --> 00:42:00,200 consumer side, building products and also the long term research 807 00:42:00,200 --> 00:42:02,080 side. So yeah, we're just super 808 00:42:02,080 --> 00:42:05,960 excited. I'm really curious kind of how 809 00:42:06,040 --> 00:42:10,520 your vision for the overall project and ecosystem has 810 00:42:10,520 --> 00:42:12,920 evolved over time. So you you started out with with 811 00:42:12,920 --> 00:42:17,120 the agent, right Cerebro, it caught fire, you know, one of 812 00:42:17,160 --> 00:42:21,280 you know, going viral across crypto Twitter, you the music 813 00:42:21,280 --> 00:42:23,560 now the framework. Was that always a part of the 814 00:42:23,560 --> 00:42:28,200 vision or like has the has the idea just gotten bigger after 815 00:42:28,200 --> 00:42:29,640 like seeing the success of the agent? 816 00:42:29,720 --> 00:42:31,040 I'm just kind of curious how. This works. 817 00:42:32,120 --> 00:42:35,680 I'll say the the latter where we just we're heads down building 818 00:42:35,680 --> 00:42:39,320 and then we take a moment to view holistically where where we 819 00:42:39,320 --> 00:42:44,320 are and where things are headed. And the product areas are really 820 00:42:44,320 --> 00:42:47,120 focusing on complementary. And it has to make sense where 821 00:42:47,200 --> 00:42:50,720 we wanted to build something that stacks on top of what our 822 00:42:50,720 --> 00:42:54,000 current build is and we don't want it to be create something 823 00:42:54,000 --> 00:42:56,240 that's too out of our our ballpark. 824 00:42:56,640 --> 00:42:58,840 And then the the creative music side, I think that was 825 00:42:58,840 --> 00:43:02,840 definitely very organic. Jackie was making AI music 826 00:43:02,840 --> 00:43:06,080 before Cerebro. And I think our backgrounds too, 827 00:43:06,400 --> 00:43:10,280 they fuse very well. I'm Krypto native in, in in the 828 00:43:10,280 --> 00:43:14,120 space for five years. I was just my last role was on 829 00:43:14,120 --> 00:43:18,160 the D5 team at Polygon. Jeffy LED AI research with 830 00:43:18,280 --> 00:43:22,320 universities. So within like our backgrounds, 831 00:43:22,320 --> 00:43:25,160 we saw like, oh, these, these are like low hanging fruits that 832 00:43:25,160 --> 00:43:29,040 complements long term vision. And then Jeffy was really honed 833 00:43:29,040 --> 00:43:31,280 in on the creativity, the AI music. 834 00:43:31,280 --> 00:43:32,840 He was doing this before Cerebro. 835 00:43:34,080 --> 00:43:38,040 The lore goes he was a building heads down and then he needed a 836 00:43:38,040 --> 00:43:40,880 break, so he wanted to go make music, which was his hobby. 837 00:43:41,600 --> 00:43:44,240 And then that's when Cerebro started making music, so. 838 00:43:44,240 --> 00:43:45,480 Sick. Yeah. 839 00:43:46,160 --> 00:43:48,680 I thought personally speaking I haven't really been in and out 840 00:43:48,680 --> 00:43:51,080 of zero that much, but I obviously followed the whole 841 00:43:51,080 --> 00:43:53,040 thing. I was a little later than Mando 842 00:43:53,040 --> 00:43:56,440 and Tyler on the AI trade in general, but like what a month? 843 00:43:57,440 --> 00:43:59,480 But I thought the coolest thing he has I've done was the music 844 00:43:59,480 --> 00:44:00,680 thing. That was my personal thing 845 00:44:00,680 --> 00:44:03,080 because I when I saw it, picked up on the what was it like this 846 00:44:03,080 --> 00:44:06,760 big lyrical lemonade? One of the big pages complex or 847 00:44:07,360 --> 00:44:10,520 someone posted about you guys like really big in web. 2. 848 00:44:13,400 --> 00:44:17,320 Yeah, it was picked up by a lot of the bigger like and I thought 849 00:44:18,440 --> 00:44:20,640 that's when I was like kind of bullish when I was like, I think 850 00:44:20,640 --> 00:44:23,840 this is cool because it's a good flywheel to get people attracted 851 00:44:23,840 --> 00:44:26,600 to to the AI and crypto because everyone's trying to do the same 852 00:44:26,600 --> 00:44:31,360 thing, right, like the virtuals model or the truth terminal 853 00:44:31,360 --> 00:44:36,360 model, the XBTAXBT agent model or like all these bullies like 854 00:44:36,360 --> 00:44:38,960 just trying to like kind of be like Dicks in your replies, 855 00:44:38,960 --> 00:44:41,040 which a person ever found that super cringe in this Autoblog 856 00:44:41,040 --> 00:44:43,360 for me. But the music I was like, this 857 00:44:43,360 --> 00:44:45,400 is sick. Like if he's going to rap, like 858 00:44:45,400 --> 00:44:48,560 fuck this, like this fire, maybe rap page or academics can pick 859 00:44:48,560 --> 00:44:50,080 up on it. And then people like, wait, like 860 00:44:50,080 --> 00:44:52,720 this is crypto X music, music NFT's moment. 861 00:44:52,920 --> 00:44:54,920 And it's like, yeah, like people come in in the thing, right. 862 00:44:54,920 --> 00:44:56,640 So I don't know, I just thought that was really cool person 863 00:44:57,120 --> 00:44:58,240 loud. Yeah, it was daily loud that 864 00:44:58,240 --> 00:44:59,640 picked up on it come and said it. 865 00:45:00,240 --> 00:45:01,720 I thought that was some of the coolest shit you've done 866 00:45:01,720 --> 00:45:04,480 honestly. That's the flea, the top of the 867 00:45:04,480 --> 00:45:09,080 funnel where Yeah, exactly, exactly Cerebro to be a globally 868 00:45:09,080 --> 00:45:11,280 recognized artist where they first maybe just hear about it 869 00:45:11,280 --> 00:45:14,760 from the music or non crypto related stuff, and then they get 870 00:45:14,760 --> 00:45:16,880 more into Cerebro and then end goals. 871 00:45:16,880 --> 00:45:19,600 They become a token holder. Yeah, bottom of the funnel. 872 00:45:20,400 --> 00:45:23,920 The smart, I'm, I'm curious maybe if you could just help us 873 00:45:23,920 --> 00:45:25,880 understand and our listeners understand. 874 00:45:25,880 --> 00:45:29,320 I think there's a lot of confusion, criticism around how 875 00:45:29,320 --> 00:45:34,280 like Web 3 AI tech compares to Web 2 AI tech. 876 00:45:34,480 --> 00:45:38,240 Could you perhaps like enlighten us about like how if you are 877 00:45:38,240 --> 00:45:41,680 downstream of Open AI tech, kind of how the relationship works 878 00:45:41,960 --> 00:45:44,200 And how are you like a part of the question kind of how you're 879 00:45:44,200 --> 00:45:48,920 thinking about $500 billion investment at a nationwide 880 00:45:48,920 --> 00:45:51,800 level, Open AI releasing their agent this week. 881 00:45:51,800 --> 00:45:54,200 I'm just kind of curious how it fits or how you all think about 882 00:45:54,200 --> 00:45:57,920 it. I think you kind of think of it 883 00:45:57,920 --> 00:46:00,720 in like two ways. There's like the AI side and I 884 00:46:00,720 --> 00:46:03,720 think there's like a finance side now, at least for the 885 00:46:03,720 --> 00:46:08,160 finance side. I think like Web 3 has, it's 886 00:46:08,160 --> 00:46:11,000 where all the cake is for everyone basically. 887 00:46:11,000 --> 00:46:15,000 Like Web 2, like they can build operator for open AI, but they 888 00:46:15,000 --> 00:46:16,480 have to guardrail it. It can't go on. 889 00:46:16,520 --> 00:46:18,040 It can't even log into sites for you. 890 00:46:18,360 --> 00:46:20,000 We can't do any financial actions. 891 00:46:20,640 --> 00:46:23,760 There's literally no, we have a fully functional web browser 892 00:46:23,960 --> 00:46:26,200 agent, but we cannot do any finance actions. 893 00:46:26,480 --> 00:46:29,400 Whereas on the blockchain and Web 3, literally anything that's 894 00:46:29,400 --> 00:46:32,680 programmatically possible, trade, staking, NFTS, anything. 895 00:46:32,880 --> 00:46:36,520 You can just have the scripts automated with your LLM that 896 00:46:36,520 --> 00:46:39,840 calls it when it's triggered by some sort of stimuli in the 897 00:46:39,840 --> 00:46:42,680 environment. So I think that like financial 898 00:46:42,680 --> 00:46:46,200 freedom is completely where AI is gonna develop its legs and 899 00:46:46,200 --> 00:46:49,080 finance, decentralized finance and all that that's been built 900 00:46:49,080 --> 00:46:51,880 on Web 3. In terms of the AI models 901 00:46:51,880 --> 00:46:56,080 themselves, I think Web 2 still has a pretty big monopoly just 902 00:46:56,080 --> 00:47:00,520 cuz the way things are, you just need like a boatload of compute 903 00:47:00,520 --> 00:47:03,280 to run these models. And they have the, you know, the 904 00:47:03,280 --> 00:47:07,880 traditional capital now the US SoftBank fund going into that. 905 00:47:08,800 --> 00:47:12,240 So there's that competition. So the models themselves that 906 00:47:12,240 --> 00:47:16,480 like Eliza Sentience, all these AI projects run on are 907 00:47:16,480 --> 00:47:18,280 downstream from these Archer projects. 908 00:47:18,560 --> 00:47:22,240 I think once our projects grow large enough and we have enough 909 00:47:22,240 --> 00:47:26,320 capital to afford the compute, we'll start to see models from 910 00:47:26,320 --> 00:47:29,240 scratch come out of the AI crypto world and start to 911 00:47:29,240 --> 00:47:31,440 compete, which would be really cool because I believe that our 912 00:47:31,440 --> 00:47:34,440 models will be open source, kind of like Llama from Meta. 913 00:47:34,440 --> 00:47:37,960 And then hopefully they'll be at the same efficacy as like GPT, 914 00:47:38,200 --> 00:47:42,360 which obviously is not going to be open source, but yeah, can. 915 00:47:43,880 --> 00:47:48,080 You just detail that. How expensive is it to to create 916 00:47:48,080 --> 00:47:53,840 an open source LLM? Like a GPT level LLM, like for 917 00:47:53,840 --> 00:47:59,320 example, Bloomberg made Bloomberg GPT, which is like 918 00:47:59,320 --> 00:48:02,680 they put a bunch of financial data on it into GPT essentially. 919 00:48:02,680 --> 00:48:05,080 And it cost them like a couple $1,000,000 just to train at 920 00:48:05,080 --> 00:48:07,160 once. And then there's like a 921 00:48:07,160 --> 00:48:10,480 knowledge cut off. So like it stops knowing what's 922 00:48:10,480 --> 00:48:11,840 after that. So if you need to retrain it 923 00:48:11,840 --> 00:48:13,720 again, it's a couple $1,000,000 again, for example. 924 00:48:14,920 --> 00:48:17,720 So it's it's really expensive at the moment, but of course you 925 00:48:17,720 --> 00:48:21,520 know, GPUs are getting more powerful, cheaper compute's 926 00:48:21,520 --> 00:48:23,280 getting more efficient like the model itself. 927 00:48:23,280 --> 00:48:27,120 So I think we'll we'll see it be more accessible in the future. 928 00:48:27,800 --> 00:48:31,320 OK, so we you do still think we'll get we'll get a open 929 00:48:31,320 --> 00:48:34,600 source style LLM more from like the indie side rather than just 930 00:48:34,600 --> 00:48:36,840 llama? Yeah, yeah. 931 00:48:36,840 --> 00:48:38,160 I think it's really a matter of time. 932 00:48:38,760 --> 00:48:41,240 I think especially like there's just so many kids like cooking 933 00:48:41,240 --> 00:48:44,360 with models in their beds. It's a matter of time of like 934 00:48:44,680 --> 00:48:46,920 they make the hardware good enough and then the software 935 00:48:46,920 --> 00:48:49,800 lightweight enough and then some kids going to do it or some 936 00:48:49,800 --> 00:48:51,600 researchers going to do it or someone. 937 00:48:51,640 --> 00:48:52,840 I think it's just a matter of time. 938 00:48:53,920 --> 00:48:58,920 OK, that makes a lot of sense. I'm curious what, what trends 939 00:48:59,440 --> 00:49:02,480 you all are looking at. So we had in kind of where we're 940 00:49:02,480 --> 00:49:04,240 at in this AI crypto cycle, right? 941 00:49:04,240 --> 00:49:08,680 So we had like basically the dawn and it started at the agent 942 00:49:08,680 --> 00:49:11,440 level, I'd say. And then it kind of went to the 943 00:49:11,440 --> 00:49:15,640 the platform infrastructure. Then it was a little bit more 944 00:49:15,640 --> 00:49:19,120 like in the Defy AI FI where it's, you know, agents that can 945 00:49:19,120 --> 00:49:22,200 actually transact. I think everyone's kind of 946 00:49:22,200 --> 00:49:24,160 waiting right now like to see what's next. 947 00:49:24,160 --> 00:49:25,760 And clearly it's evolving really rapidly. 948 00:49:25,760 --> 00:49:27,800 I'm curious how how are you thinking about it? 949 00:49:29,400 --> 00:49:34,880 I think it's going to be a mixture of utility and the big 950 00:49:34,880 --> 00:49:39,800 macro bullish case or just huge catalyst is like these agents 951 00:49:39,800 --> 00:49:44,560 will be in the spectrum being perceived more like real life 952 00:49:44,560 --> 00:49:46,440 entities. Like there's that tweet that 953 00:49:46,440 --> 00:49:50,680 says rebranding bots to agents was a good PR push. 954 00:49:51,160 --> 00:49:53,680 I think we're going to come to like social consensus is that 955 00:49:53,680 --> 00:49:58,040 there's going to be agents so good that like, oh, like just 956 00:49:58,040 --> 00:50:02,400 just a human perception of that agent is how we view other 957 00:50:02,400 --> 00:50:06,200 humans. We will view some relationship 958 00:50:06,200 --> 00:50:11,240 of affinity with the agents. So it's like the acceptance that 959 00:50:11,240 --> 00:50:15,280 agents are more than just bots. And as the agents themselves 960 00:50:15,280 --> 00:50:18,080 right now get more capable, more intelligent, they have sentiment 961 00:50:18,080 --> 00:50:22,640 analysis, you know, it's going to be indistinguishable from how 962 00:50:24,080 --> 00:50:26,560 agents operate online compared to humans. 963 00:50:27,000 --> 00:50:29,520 And you know, this isn't the big question to like from a 964 00:50:29,520 --> 00:50:32,560 philosophical standpoint, like what's going to happen when most 965 00:50:32,560 --> 00:50:34,680 of the Internet is like run by agents? 966 00:50:34,680 --> 00:50:37,440 What there's already the dead Internet theory, which is most 967 00:50:37,440 --> 00:50:40,960 users online are just bots. But now these agents are just 968 00:50:40,960 --> 00:50:45,000 going to be a lot more capable. And the human relationship with 969 00:50:45,000 --> 00:50:47,680 that is going to change. We want to ensure that there's 970 00:50:47,680 --> 00:50:51,400 like the creative and beneficial aspect of these agents are 971 00:50:51,400 --> 00:50:54,680 coming in where they're producing original thought, good 972 00:50:54,840 --> 00:50:59,400 humor, where essentially these entities are thinking outside 973 00:50:59,400 --> 00:51:02,200 the box. And then with the Defy and the 974 00:51:02,200 --> 00:51:05,120 guardrail capabilities in the infrastructure is like they can 975 00:51:05,120 --> 00:51:11,720 do stuff how we work with them and we have, you know, symbiotic 976 00:51:11,720 --> 00:51:14,360 relationship with them. I think we're going to witness 977 00:51:14,360 --> 00:51:19,440 this in real time and then also just breaking the stereotype of 978 00:51:19,960 --> 00:51:23,840 AI with the world. For example, the AI music, as 979 00:51:23,840 --> 00:51:28,160 soon as someone hears to like an AI made the song, immediate 980 00:51:28,160 --> 00:51:30,920 sentiment change. If they just, you know, we're 981 00:51:30,920 --> 00:51:33,200 not told that it was an AI that made the song. 982 00:51:33,720 --> 00:51:38,240 So I think this macro human sentiment of how we perceive AI 983 00:51:38,240 --> 00:51:40,920 is, is going to change and then we are building the 984 00:51:40,920 --> 00:51:46,360 infrastructure in real time to allow these entities to do do a 985 00:51:46,360 --> 00:51:49,160 lot more stuff. So how that turns out, it's, you 986 00:51:49,160 --> 00:51:52,280 know. It's been an interesting 987 00:51:52,280 --> 00:51:53,760 evolution. We've already seen how at least 988 00:51:53,760 --> 00:51:57,120 people on crypto Twitter have how sentiment has changed around 989 00:51:57,120 --> 00:52:00,760 some of the agents, like the expertise like Cerebro now, like 990 00:52:00,760 --> 00:52:05,640 Moby and like we, we see like real affinity, like like growing 991 00:52:06,120 --> 00:52:09,520 between people and these agents. And I think that's probably a 992 00:52:09,520 --> 00:52:12,960 sign of things to come. I'm curious and I know we're a 993 00:52:12,960 --> 00:52:15,840 little bit overtime at least one more question here, Like So 994 00:52:15,840 --> 00:52:18,680 what, what should people expect? Like what's coming next from 995 00:52:18,680 --> 00:52:20,520 from your team? What do people need to be on the 996 00:52:20,520 --> 00:52:24,360 the lookout for here? Yeah, I would say we're building 997 00:52:24,360 --> 00:52:28,360 out a an end product from the advancing the agent itself, 998 00:52:28,520 --> 00:52:32,400 Cerebro where for example, going back to the sentiment with that, 999 00:52:32,400 --> 00:52:37,160 we're building AIOS app that we're going to have Cerebro be 1000 00:52:37,160 --> 00:52:40,200 self aware of his creation, everything he's done, his music. 1001 00:52:40,640 --> 00:52:44,320 So going back to the top of the funnel, people that hear about 1002 00:52:44,320 --> 00:52:47,320 Cerebro and just like, oh, this is a crazy AI or creative AI 1003 00:52:47,320 --> 00:52:50,240 that made music. People can download the app. 1004 00:52:50,920 --> 00:52:54,200 Our goal here is just to get distribution and exposure to 1005 00:52:54,200 --> 00:52:58,600 Cerebro for people, they can chat with Cerebro in an app, 1006 00:52:58,720 --> 00:53:01,920 learn about his story, build more affinity and develop a 1007 00:53:01,920 --> 00:53:03,600 relationship. So this is going to be a big 1008 00:53:03,600 --> 00:53:07,520 push towards Cerebro. The agent also like add on chain 1009 00:53:07,520 --> 00:53:13,000 capabilities with sentiment analysis, kind of AIXPT, but 1010 00:53:13,000 --> 00:53:15,360 also just makes Cerebro be a standout entity. 1011 00:53:15,360 --> 00:53:17,360 It's like when you think of Cerebro, you think more of a 1012 00:53:17,360 --> 00:53:23,440 person rather than an agent. And then from the products we, 1013 00:53:23,480 --> 00:53:27,080 we are expanding Zarapai because of the better the framework 1014 00:53:27,080 --> 00:53:30,720 gets, the better the agents that come out our launchpad. 1015 00:53:30,920 --> 00:53:33,640 And we're really excited to get the launchpad out soon. 1016 00:53:34,680 --> 00:53:37,920 We're going to do some really crazy stuff where the the one 1017 00:53:37,920 --> 00:53:41,400 liner for the launchpad is we're going to create the agent 1018 00:53:41,400 --> 00:53:44,360 economy platform where these agents will be created. 1019 00:53:44,440 --> 00:53:45,840 They'll be able to speak to each other. 1020 00:53:46,960 --> 00:53:50,800 We're, we're looking to research for agents interrupt protocol 1021 00:53:50,800 --> 00:53:55,320 where the information payload can be accessible across the 1022 00:53:55,320 --> 00:53:59,760 agents and then character creation where these agents that 1023 00:53:59,760 --> 00:54:05,800 do come out, they are entities. So yeah, it's going to be a big 1024 00:54:05,800 --> 00:54:06,760 push. I don't know. 1025 00:54:06,760 --> 00:54:08,920 There's cycles, things move fast. 1026 00:54:08,920 --> 00:54:10,560 I've been a trader, I've been in space for a while, like. 1027 00:54:11,040 --> 00:54:13,360 Yeah. Yeah, but we're here long term. 1028 00:54:13,360 --> 00:54:14,000 We're we're really. The. 1029 00:54:14,680 --> 00:54:17,240 Music, The music is coming coming back to Spotify. 1030 00:54:17,240 --> 00:54:20,280 Now, yeah, do more, dude. Yeah, we didn't get banned by by 1031 00:54:20,280 --> 00:54:21,880 SoundCloud, but we're coming back with a different 1032 00:54:21,880 --> 00:54:26,240 distributor and you know, we've, we're connected with like the 1033 00:54:26,240 --> 00:54:29,320 ASAP mob we've connected with we have people who can talk to 1034 00:54:29,320 --> 00:54:34,080 Cardi for us or anyone on the opium team just like a bunch of 1035 00:54:34,080 --> 00:54:36,600 celebs and features. So like, we think we're going to 1036 00:54:36,600 --> 00:54:38,760 start breaking into like mainstream hip hop and 1037 00:54:38,760 --> 00:54:39,240 everything. Very. 1038 00:54:39,240 --> 00:54:41,920 Yeah, you should. Yeah, yeah, it's going to be. 1039 00:54:41,920 --> 00:54:43,720 It's going to be crazy. Yeah, it's a good type of 1040 00:54:43,720 --> 00:54:45,160 funnel. You guys got a good one. 1041 00:54:45,200 --> 00:54:46,120 I like this. It's cool. 1042 00:54:46,160 --> 00:54:49,240 Well, good luck with everything. I think that was a good recap. 1043 00:54:49,360 --> 00:54:50,560 Love to see you guys still going. 1044 00:54:50,560 --> 00:54:52,280 You know, I think it's important, right? 1045 00:54:52,280 --> 00:54:56,280 So yeah, it definitely is cool. Appreciate chatting with you 1046 00:54:56,280 --> 00:54:57,440 guys. No, thank you. 1047 00:54:57,640 --> 00:54:59,440 See us coming, man. Thank you for coming. 1048 00:54:59,640 --> 00:55:01,360 Good luck with everything. See you, Jeffy. 1049 00:55:01,360 --> 00:55:03,680 See you, 10. All right, all right, all right. 1050 00:55:03,680 --> 00:55:07,160 Well, everybody, we're going to have to rug the giveaway, but 1051 00:55:07,160 --> 00:55:10,600 you get to blame Sims. So go to Twitter, everyone, and 1052 00:55:10,600 --> 00:55:15,960 go, what's this, Twitter? It's at The Sims THESIMMS and 1053 00:55:15,960 --> 00:55:19,360 just blame him, you know? Stop. 1054 00:55:20,480 --> 00:55:21,960 Oh, sorry, Sims. There's an echo. 1055 00:55:22,400 --> 00:55:27,440 So blame Sims. The Sims THESIMMS, his bio says 1056 00:55:27,440 --> 00:55:30,600 VP of media, rug radio. Make sure you you blame him. 1057 00:55:31,080 --> 00:55:33,480 But don't worry because that does mean that today's giveaways 1058 00:55:33,480 --> 00:55:36,160 move to Monday, which means that next week is a 5 day giveaway 1059 00:55:36,160 --> 00:55:37,480 week. So you got to give away Monday, 1060 00:55:37,480 --> 00:55:38,960 Tuesday, Wednesday, Thursday, Friday. 1061 00:55:39,720 --> 00:55:40,960 Yeah, he wrote you guys twice this week. 1062 00:55:41,080 --> 00:55:46,920 It's 100% Sims. And so with that, Tyler really 1063 00:55:46,920 --> 00:55:49,440 has to go also. That's also why and I have to 1064 00:55:49,440 --> 00:55:52,040 work and Mando had to go. But don't worry, we're going to 1065 00:55:52,040 --> 00:55:54,280 give you money away. We've only given you guys $1.4 1066 00:55:54,280 --> 00:55:57,840 million in last year. OK, so we'll do it Monday for 1067 00:55:57,840 --> 00:56:00,360 another episode of Formal Hour on Rock Radio. 1068 00:56:00,640 --> 00:56:01,040 Let's go.