1 00:00:00,200 --> 00:00:01,530 Well, hello ladies and gentlemen. 2 00:00:01,540 --> 00:00:03,290 Welcome to another episode. Ohh. 3 00:00:03,300 --> 00:00:06,270 Well, we've gone again. Another episode of GM Web 3 on 4 00:00:06,280 --> 00:00:08,930 Rock Radio is just me and our staff today. 5 00:00:08,940 --> 00:00:13,030 I think Farooq is playing golf, seemingly pretty annoyed on the 6 00:00:13,040 --> 00:00:17,250 back 9 and it's on a flight. What were you doing during that 7 00:00:17,260 --> 00:00:19,590 opening period of stuff? Your your main, your main moment 8 00:00:19,600 --> 00:00:22,150 to shine and just tune down a banana or something? 9 00:00:22,220 --> 00:00:26,560 Weren't when you have to. Nuts and uh yes. 10 00:00:27,190 --> 00:00:29,100 I had a few different things that was going on, so I was just 11 00:00:29,110 --> 00:00:32,600 kind of like doing them just in the dive bar essentially. 12 00:00:32,750 --> 00:00:36,060 I was in the dive bar, yes, yeah 100%. 13 00:00:36,570 --> 00:00:39,320 It's pretty tough when one on hosting the dive bar on a two 14 00:00:39,330 --> 00:00:41,290 man show. Someone's got someone in the 15 00:00:41,300 --> 00:00:44,150 dive bar, man. Like the dive bar doesn't serve 16 00:00:44,160 --> 00:00:48,620 drinks by itself? No, exactly right. 17 00:00:48,630 --> 00:00:52,540 Well, we are back cryptos still having a bit of a bit of a 18 00:00:52,550 --> 00:00:56,120 flutter at the moment. ETH is gone all the way to 19 00:00:56,370 --> 00:00:59,860 nearly hit 1700. I think it went to 1680 area. 20 00:01:00,490 --> 00:01:02,780 Bitcoin has underperformed versus ETH. 21 00:01:02,790 --> 00:01:07,800 It's actually below 27 K having here I think about 27.3 22 00:01:07,810 --> 00:01:11,360 yesterday and we'll get into the reasons why that today. 23 00:01:11,890 --> 00:01:14,620 We are sponsored today by cracking NFT. 24 00:01:15,350 --> 00:01:17,800 They've been sponsoring the show for the last few weeks. 25 00:01:17,810 --> 00:01:20,160 Great to have them. They came on the show to talk 26 00:01:20,170 --> 00:01:22,180 about it. They are launching an NFT 27 00:01:22,190 --> 00:01:23,600 exchange. Go check it out. 28 00:01:23,670 --> 00:01:28,770 cracking.com/rug radio, right? Well, the first headline we 29 00:01:28,780 --> 00:01:31,050 might as well just get into it is did you see what has happened 30 00:01:31,060 --> 00:01:32,990 to CZ? No. 31 00:01:33,000 --> 00:01:34,730 See me? What's the CC headline? 32 00:01:35,410 --> 00:01:39,440 How did you miss the C headline? It was this a a recent headline 33 00:01:39,450 --> 00:01:44,010 or like within the last, within the last 30 minutes, OK. 34 00:01:44,170 --> 00:01:47,520 I'll give myself, give myself, yeah, some relief there. 35 00:01:47,880 --> 00:01:49,500 I was a bit right. You gonna say something like 36 00:01:49,510 --> 00:01:52,150 this was an overnight headline. I just completely missed it. 37 00:01:52,520 --> 00:01:55,530 CZ arrested and put in gaol for four months. 38 00:01:56,380 --> 00:02:02,110 He was arrested trying to at Changi Airport in Singapore. 39 00:02:02,240 --> 00:02:04,510 Seemingly arrested. I don't know why he went back 40 00:02:04,520 --> 00:02:06,000 there. Surely he knew that that was 41 00:02:06,010 --> 00:02:08,050 going to happen. But he's been put in gaol for 42 00:02:08,060 --> 00:02:12,000 four months. His the OX token, which is 43 00:02:12,010 --> 00:02:18,040 obviously the token that was his new exchange, is down 50% on the 44 00:02:18,050 --> 00:02:21,260 back of that. Like Sue, Sue was arrested. 45 00:02:22,070 --> 00:02:23,520 Sorry, Suzu. Suzu. 46 00:02:24,350 --> 00:02:33,300 Suzu fucking Susie. Susie, Susie, Um, yeah, pretty 47 00:02:33,310 --> 00:02:35,340 wild. Like, obviously he was the 3C 48 00:02:35,350 --> 00:02:39,480 guy alongside Carl Davis. Seemingly Carl Davis is living 49 00:02:39,490 --> 00:02:41,280 the life in like Bali or something like that. 50 00:02:41,320 --> 00:02:47,520 So he hasn't been arrested, Susu has been arrested and stuff 51 00:02:47,600 --> 00:02:50,080 didn't really move apart from some old coins that he's kind of 52 00:02:50,090 --> 00:02:53,370 involved in. But yeah, he was on a bit of a 53 00:02:53,380 --> 00:02:56,700 redemption arc. Like you were a bit of a fan of 54 00:02:56,710 --> 00:02:59,460 Czech, it felt like. I mean. 55 00:03:00,830 --> 00:03:03,260 I think what happened is they blew up. 56 00:03:04,160 --> 00:03:07,450 And I think a lot of people blow up taking big risk. 57 00:03:07,700 --> 00:03:10,060 I know it affected the whole industry, et cetera, but. 58 00:03:10,950 --> 00:03:13,750 Umm. And I I guess there are like 59 00:03:13,760 --> 00:03:15,490 there's a lot of risk management, but I don't think it 60 00:03:15,500 --> 00:03:19,830 was as bad as FTX. But yeah, they came back with a 61 00:03:19,840 --> 00:03:21,930 new exchange. And I you know, I think that I 62 00:03:21,940 --> 00:03:24,110 guess they're propagators of crypto, which is good to see, 63 00:03:24,120 --> 00:03:26,870 but. Yeah, I don't know. 64 00:03:26,880 --> 00:03:28,560 It's tough to judge without knowing the whole story and 65 00:03:28,570 --> 00:03:32,030 everything. I would say that that OX token, 66 00:03:32,260 --> 00:03:38,470 I mean, that was yeah, oh oh, do people say OX? 67 00:03:38,640 --> 00:03:43,030 Well, the imagery around it is an actual ox, so ohh right? 68 00:03:43,040 --> 00:03:48,040 I'm fair enough Ox. Then let me let me share screen 69 00:03:48,120 --> 00:03:51,550 so you can see that. But that is wild chart. 70 00:03:53,480 --> 00:03:57,240 Let's bring it up. Can you see that? 71 00:03:57,430 --> 00:04:03,360 Yeah. So that was trading and that is 72 00:04:03,370 --> 00:04:07,380 just got dumped, it's down 30%, it's down like I think about 90% 73 00:04:07,390 --> 00:04:09,740 since that happened now. So what's the cap with the 74 00:04:09,750 --> 00:04:12,550 market cap now market cap went all the way up to 300 million 75 00:04:12,870 --> 00:04:16,540 and now it's sitting at 61 million today, so. 76 00:04:16,690 --> 00:04:19,870 I think a lot of dumb. I think a lot of there are a lot 77 00:04:19,880 --> 00:04:25,020 of coins since August. Yeah, look at, look at Univar or 78 00:04:25,030 --> 00:04:29,230 look at. A bunch of different means, OK, 79 00:04:29,420 --> 00:04:32,350 H + 10 like there were all in this same bucket of like these 80 00:04:32,360 --> 00:04:35,310 are the coins that everyone was playing and they just got done 81 00:04:35,320 --> 00:04:38,100 by the same people I think. So there are other coins. 82 00:04:40,750 --> 00:04:44,130 No. Anyway, after all, probably it's 83 00:04:44,140 --> 00:04:47,190 probably down a similar amount. I think there are definitely 84 00:04:47,200 --> 00:04:50,150 some other ones I would agree with that, like small ones got 85 00:04:50,160 --> 00:04:51,490 cancelled, but this is an exchange. 86 00:04:51,500 --> 00:04:53,400 It wasn't like it's just some shit going that could just go 87 00:04:53,410 --> 00:04:56,030 like that. This was sorry, some mean coin 88 00:04:56,040 --> 00:04:59,030 where the vibes just go like you would have seen this done well. 89 00:04:59,040 --> 00:05:02,000 There's some big unlocks during this period, but then that's he 90 00:05:02,010 --> 00:05:04,670 doesn't like he's in gaol for that long. 91 00:05:06,290 --> 00:05:11,000 Let me bring up Was it deep? B. 92 00:05:14,040 --> 00:05:19,360 Let me share this tab instead. So 3 Arrows co-founder Suzu 93 00:05:19,370 --> 00:05:21,770 apprehended at Singapore's Changi Airport. 94 00:05:22,470 --> 00:05:27,960 It says the committal order granted by the Singapore court 95 00:05:27,970 --> 00:05:30,600 sentences two to four months imprisonment. 96 00:05:30,850 --> 00:05:33,870 A similar committee order was granted against the co-founder 97 00:05:33,880 --> 00:05:36,720 of Three C It seems like during these four months, all the 98 00:05:36,730 --> 00:05:39,540 people that he owes money to are allowed to basically engage with 99 00:05:39,550 --> 00:05:42,640 him in Singapore. But I don't know why the hell 100 00:05:42,650 --> 00:05:45,840 was he back in Singapore? I thought he was living in Bali 101 00:05:45,850 --> 00:05:47,890 too, or maybe even in Dubai to you. 102 00:05:47,900 --> 00:05:51,710 Guys, it's so weird for me that he would go back there. 103 00:05:51,720 --> 00:05:55,100 Like surely he knew he was going to get arrested as he landed. 104 00:05:58,200 --> 00:06:02,560 That's maybe he maybe he is aware of the four months 105 00:06:02,570 --> 00:06:04,230 imprisonment and is going to take that. 106 00:06:04,360 --> 00:06:07,150 Four months isn't that long. So maybe it's like a pre 107 00:06:07,160 --> 00:06:09,780 negotiated thing where it's like I'll come back, put me in prison 108 00:06:09,790 --> 00:06:11,830 for four months and then we'll just sort this shit out. 109 00:06:11,840 --> 00:06:15,160 Maybe it's that Singaporean gaols are meant to be pretty 110 00:06:15,170 --> 00:06:17,700 tough, right? Like they they have a pretty, 111 00:06:18,010 --> 00:06:22,520 pretty tough judicial system. But I would agree, like that's 112 00:06:22,530 --> 00:06:25,370 the only, I didn't realise it was only four months that he got 113 00:06:25,380 --> 00:06:27,140 sentenced to, because that's only four months. 114 00:06:27,250 --> 00:06:29,850 Like who cares? Like you can probably last two, 115 00:06:29,860 --> 00:06:31,240 four months. So maybe that's where he went 116 00:06:31,250 --> 00:06:32,080 back. But. 117 00:06:33,390 --> 00:06:34,870 Right. So that was a big breaking news 118 00:06:34,880 --> 00:06:36,380 headline that's happening right now. 119 00:06:36,850 --> 00:06:41,640 Away from that, we saw the ETFs. I saw you post something 120 00:06:41,650 --> 00:06:45,700 earlier, OSF that got zero, like 0 comments, which I thought we 121 00:06:45,710 --> 00:06:48,460 could use. Or maybe did you? 122 00:06:48,890 --> 00:06:52,360 Oh, wow, There you go. We got six likes in the end for 123 00:06:52,370 --> 00:06:53,960 that. But yeah, the. 124 00:06:54,070 --> 00:06:57,260 Quote tweet. It's a it's a quote, right? 125 00:06:57,410 --> 00:06:59,440 Yeah, it did. They look like they're going to 126 00:06:59,450 --> 00:07:02,640 be launching next week. These ETFs, the two big ones are 127 00:07:02,650 --> 00:07:06,420 from this company, Van Ike or Van Eck. 128 00:07:06,430 --> 00:07:07,820 I don't know how you would say that. 129 00:07:07,910 --> 00:07:11,020 And Valkyrie. Those seem to be the two that 130 00:07:11,030 --> 00:07:15,360 are going to win the first ability to do it. 131 00:07:15,430 --> 00:07:18,320 There are a lot of rumours today that I've been seeing that 132 00:07:18,570 --> 00:07:22,620 BlackRock now might file a spot ETF. 133 00:07:23,270 --> 00:07:29,360 That's ETF that's going round. Um, now obviously you already 134 00:07:29,370 --> 00:07:37,020 saw ARC file for a spot ETF, and yesterday I think the CEO of Arc 135 00:07:37,030 --> 00:07:39,900 was basically saying we're gonna be the leader in all these 136 00:07:39,910 --> 00:07:43,220 crypto ETFs. But yeah, imagine if BlackRock 137 00:07:43,230 --> 00:07:46,130 files for an ETF. That feels like a bit of a gold 138 00:07:46,140 --> 00:07:48,800 candle on a Friday, right? If we hear about that today, 139 00:07:49,430 --> 00:07:53,560 seemingly at the same time the SEC delayed or the Bitcoin spot 140 00:07:53,570 --> 00:07:56,560 ones because it's the government's most probably going 141 00:07:56,570 --> 00:07:58,860 to shut down in the next couple of days. 142 00:07:58,870 --> 00:08:01,890 But what do you think? Is this the time that the app 143 00:08:01,900 --> 00:08:03,870 performs? Bitcoin has been horrific, right 144 00:08:03,880 --> 00:08:08,410 that that Bitcoin ether trade for the year, but do you think 145 00:08:08,420 --> 00:08:13,570 that gets reversed now? Yeah I think, I think it could 146 00:08:13,580 --> 00:08:15,540 like bit ETH. Bitcoin ratio has been at the 147 00:08:15,550 --> 00:08:19,190 lows for some time now and there's been multiple different 148 00:08:19,200 --> 00:08:20,520 reasons. You had the whole bank staff at 149 00:08:20,530 --> 00:08:23,730 the beginning of the year, then you had the whole security stuff 150 00:08:24,260 --> 00:08:26,990 which was better for Bitcoin. Then you have the whole Bitcoin 151 00:08:27,000 --> 00:08:31,150 spot, Bitcoin ETF stuff. So I do think you know the SEC's 152 00:08:31,220 --> 00:08:33,159 in weak footing. It feels like maybe ETH is not 153 00:08:33,169 --> 00:08:36,049 going to be deemed a security. It feels like we already know 154 00:08:36,059 --> 00:08:39,789 Kathy was has applied for a eighth spot ETF. 155 00:08:40,780 --> 00:08:43,330 I think it's. A foregone conclusion that other 156 00:08:43,340 --> 00:08:45,230 people, including Black Rock, will do that too. 157 00:08:45,560 --> 00:08:49,710 And so, yeah, it does feel like you could catch up again back 158 00:08:49,720 --> 00:08:50,840 here. It's interesting because a lot 159 00:08:50,850 --> 00:08:53,450 of people on Twitter, people like Benjamin Calendar, et 160 00:08:53,460 --> 00:08:56,130 cetera, who are like, you know, Bitcoin dominance is going to go 161 00:08:56,140 --> 00:08:57,930 higher, keep going higher and all that kind of stuff, which I 162 00:08:57,940 --> 00:09:00,080 still believe, I still really believe that's a bearish. 163 00:09:00,830 --> 00:09:02,140 I think it's a bearish occurrence. 164 00:09:02,150 --> 00:09:04,580 I think when you rally maybe Bitcoin, maybe the first few 165 00:09:04,590 --> 00:09:07,360 days Bitcoin dominance rises as Bitcoin rallies. 166 00:09:07,370 --> 00:09:09,330 But I think everything else catch ups catches up and 167 00:09:09,340 --> 00:09:11,950 outperforms and we've seen that play out multiple, multiple 168 00:09:11,960 --> 00:09:13,740 times. So I think. 169 00:09:15,990 --> 00:09:18,420 Even if it was just the Bitcoin spot ETF that was getting 170 00:09:18,430 --> 00:09:22,960 improved, I think you would see higher beta risk assets rally 171 00:09:22,970 --> 00:09:26,230 and outperform versus Bitcoin. And I think that's what you're 172 00:09:26,240 --> 00:09:29,790 starting to see now. And there's something like only 173 00:09:29,800 --> 00:09:35,550 two or three assets which have ever reached A at the high 174 00:09:35,600 --> 00:09:38,050 versus Bitcoin on a second cycle. 175 00:09:38,100 --> 00:09:42,050 Now they have that many cycles. Yeah, versus Bitcoin versus 176 00:09:42,060 --> 00:09:45,210 Bitcoin. And I forget which ones they 177 00:09:45,220 --> 00:09:49,420 are, but it's it. I mean, it is crazy how much 178 00:09:49,430 --> 00:09:53,240 Bitcoin dominance does go up during these these, these bear 179 00:09:53,250 --> 00:09:57,830 markets and how difficult it is seemingly for assets to kind of 180 00:09:58,100 --> 00:10:05,700 look, that didn't breach it in the 2001 rally. 2017 was its 181 00:10:05,710 --> 00:10:09,660 high and then it's kind of been sideways and then kind of down 182 00:10:09,670 --> 00:10:14,310 only for the last year. But I'm a big believer in Neath. 183 00:10:14,360 --> 00:10:15,790 I'm probably a bigger believer in Ethan. 184 00:10:15,800 --> 00:10:20,940 I'm in Bitcoin. I do hope that that that reaches 185 00:10:20,950 --> 00:10:25,540 another high, but I think for the next year it's tough to 186 00:10:25,550 --> 00:10:30,240 argue with the whole, with the whole halving, um, it's going to 187 00:10:30,250 --> 00:10:32,780 be a very difficult narrative to kind of fight, I think. 188 00:10:32,850 --> 00:10:37,930 And then you have the, the macro doesn't look as good. 189 00:10:37,940 --> 00:10:40,330 So like if tech stocks continue to sell off, I think that really 190 00:10:40,340 --> 00:10:44,050 hurts Etherium probably more than it hurts Bitcoin, but maybe 191 00:10:44,060 --> 00:10:46,950 that's like a macro overlay. But yeah, this does feel like 192 00:10:47,020 --> 00:10:50,610 everyone felt terrible about the versus Bitcoin. 193 00:10:50,620 --> 00:10:53,120 And then that was probably a week ago, right? 194 00:10:53,130 --> 00:10:55,910 Yeah, that was a week ago. And then it's kind of been a big 195 00:10:55,920 --> 00:10:59,740 reversal. And if I don't know if BlackRock 196 00:10:59,750 --> 00:11:05,510 Apart apply for a Bitcoin or an ETF, I think that's a bit of a 197 00:11:05,520 --> 00:11:08,170 game changer. I think that would be huge feat 198 00:11:08,570 --> 00:11:11,980 being accepted as a being accepted as an asset. 199 00:11:11,990 --> 00:11:17,140 So those are like the two macro things coming up. 200 00:11:17,350 --> 00:11:21,980 The the third thing UM to bring up was Coinbase. 201 00:11:21,990 --> 00:11:24,620 Coinbase is now going to start allowing you to trade features 202 00:11:24,670 --> 00:11:27,680 on Coinbase, which I thought was pretty interesting. 203 00:11:28,470 --> 00:11:34,500 You obviously had issues with FTX dominated this market in the 204 00:11:34,510 --> 00:11:40,360 past and by Nets, Binance and FTX basically now FTX has gone 205 00:11:40,370 --> 00:11:42,400 away and now Coinbase has gotten international licence. 206 00:11:42,410 --> 00:11:46,540 I think it got it from some country in the Caribbean, but 207 00:11:46,550 --> 00:11:49,520 now it's going to be able to trade futures on Coinbase, which 208 00:11:49,530 --> 00:11:51,270 is something that they never had before. 209 00:11:53,060 --> 00:11:59,360 And then I put it could Coinbase could could Coinbase you think 210 00:11:59,370 --> 00:12:02,460 overtake Binance here? Binance used to be 75% of all 211 00:12:02,470 --> 00:12:06,190 the spot trading in all of crypto. 212 00:12:06,420 --> 00:12:10,810 It's already down to 50%. The set #2 are all the major 213 00:12:10,820 --> 00:12:14,350 Asian exchanges, so you have up bit will be. 214 00:12:14,540 --> 00:12:19,150 But if we see Coinbase now expand internationally with 215 00:12:19,160 --> 00:12:23,870 Futures Trading, do you think it could be the, you know, break 216 00:12:23,880 --> 00:12:26,720 into at least the top three to top five and and and finance 217 00:12:26,730 --> 00:12:29,490 kind of falls away? Or do you think finance is just 218 00:12:29,500 --> 00:12:31,160 like a behemoth that can't be challenged? 219 00:12:31,170 --> 00:12:33,430 Really? I think. 220 00:12:34,730 --> 00:12:37,470 What's clear is the US is trying to shun. 221 00:12:38,280 --> 00:12:43,480 Finance and what maybe isn't clear yet but I think what will 222 00:12:43,490 --> 00:12:46,910 happen gradually especially if Gensler steps down is the US 223 00:12:46,920 --> 00:12:50,710 will try and push Coinbase. Like I just don't see why any 224 00:12:50,720 --> 00:12:53,770 rational person would do that. So I think you'll see like 225 00:12:53,960 --> 00:12:58,470 Coinbase get a lot more approvals and a bigger licence 226 00:12:58,480 --> 00:13:02,160 to do things and start to dominate the US market and I'm 227 00:13:02,170 --> 00:13:06,250 just like any normal American person would rather have like 228 00:13:06,260 --> 00:13:09,210 coin based on rating that market rather than finance and. 229 00:13:09,290 --> 00:13:12,360 So I think you'll start to see. I think you'll start to see more 230 00:13:12,370 --> 00:13:16,130 of that and it does mean Coinbase can can potentially 231 00:13:16,140 --> 00:13:19,080 dominate and and become one of the largest and maybe expand 232 00:13:19,090 --> 00:13:21,190 their horizons. I also feel like you know 233 00:13:21,200 --> 00:13:24,600 because because Coinbase is a listed equity. 234 00:13:25,220 --> 00:13:27,950 They have to do many, many things by the book and it 235 00:13:27,960 --> 00:13:30,650 doesn't mean like they're doing everything perfectly, but it 236 00:13:30,660 --> 00:13:32,990 does mean they're upheld to much higher standards than anyone 237 00:13:33,000 --> 00:13:37,880 else. So from a like mainstream to the 238 00:13:37,890 --> 00:13:41,650 masses kind of like perspective, it's already in a much better 239 00:13:41,660 --> 00:13:43,730 footing than than anyone else I think. 240 00:13:43,780 --> 00:13:47,390 And that will not just apply to the US, it will apply globally 241 00:13:47,400 --> 00:13:49,310 as well because they're going to. 242 00:13:49,320 --> 00:13:51,610 If you're going to governments and trying to push things or 243 00:13:51,800 --> 00:13:54,590 governments into crypto or whatever the big corporations 244 00:13:54,600 --> 00:13:55,810 crypto, it's much easier for Coinbase. 245 00:13:55,820 --> 00:13:59,380 But hey. Like we're literally a. 246 00:14:01,050 --> 00:14:05,800 US listed public company applying by all this regulation, 247 00:14:06,150 --> 00:14:08,870 you should work with us, and I think most companies who are not 248 00:14:08,880 --> 00:14:11,850 already in crypto would rather do that than work with someone 249 00:14:11,860 --> 00:14:15,040 else. Yeah, I agree. 250 00:14:15,090 --> 00:14:17,560 I think we're about to see Coinbase really come into itself 251 00:14:17,570 --> 00:14:19,320 like we had them come on the show. 252 00:14:19,660 --> 00:14:22,480 They've got the base, they've got base chain which is 253 00:14:22,530 --> 00:14:25,260 seemingly a layer 2 which is far. 254 00:14:26,830 --> 00:14:29,420 I think more things, better things for the future of crypto 255 00:14:29,430 --> 00:14:31,230 are going to be built on that than Binance chain. 256 00:14:32,800 --> 00:14:35,260 And I think it's being built in the right way. 257 00:14:35,330 --> 00:14:39,000 And then they have seemingly now going to be able to offer like 258 00:14:39,010 --> 00:14:41,980 the whole suite of different products which finance really 259 00:14:41,990 --> 00:14:45,130 dominated, finance really dominated Futures Trading 260 00:14:45,170 --> 00:14:47,920 particularly after FTX left. And if Coinbase now can get into 261 00:14:47,930 --> 00:14:52,380 that market, and I think that's a big deal, you know, it's like 262 00:14:52,390 --> 00:14:55,780 this time next year, Coinbase stock is up 120% this year. 263 00:14:57,080 --> 00:15:00,330 It's kind of wild, like it's really outperformed. 264 00:15:00,500 --> 00:15:04,370 Um, it's really outperformed Bitcoin and Eve this year. 265 00:15:04,560 --> 00:15:07,590 Let me have a look here today. Yeah, 120%. 266 00:15:09,010 --> 00:15:11,610 All the insiders at the base continue to dump it. 267 00:15:11,730 --> 00:15:14,560 But 76? What do you think is that? 268 00:15:14,570 --> 00:15:18,020 Is that a better long still than than Bitcoin and ETH from here? 269 00:15:18,750 --> 00:15:22,440 What's the market cap at 7618 billion or something? 270 00:15:22,450 --> 00:15:26,640 19 billion, yeah, this is a company that at one stage was 271 00:15:26,650 --> 00:15:28,400 200, right? Yeah. 272 00:15:29,310 --> 00:15:33,060 I think it was, yeah. Maybe more than that. 273 00:15:34,000 --> 00:15:35,490 Wow. Yeah, more than that. 274 00:15:37,470 --> 00:15:37,960 What? Yeah. 275 00:15:37,970 --> 00:15:41,130 What do you think? I think I would rather be long 276 00:15:41,140 --> 00:15:46,010 8th I think. I think Coinbase will do well 277 00:15:46,020 --> 00:15:50,410 like I would own coin base in tax free vehicles but. 278 00:15:51,780 --> 00:15:54,040 Depending on where you live, because it's an equity. 279 00:15:54,950 --> 00:15:57,790 I guess at some point you can probably earn an ETF for Bitcoin 280 00:15:57,800 --> 00:16:02,280 ETF in those vehicles too, but I think I'd still rather be like 281 00:16:02,350 --> 00:16:04,880 rather be long heath. It's like Coinbase does well of 282 00:16:04,890 --> 00:16:06,120 crypto as well. You know what I mean? 283 00:16:06,130 --> 00:16:10,550 So just why not just encrypt? So, so if Black launches a a 284 00:16:10,560 --> 00:16:13,610 spot Bitcoin ETF, are you putting the whole of your your 285 00:16:13,620 --> 00:16:15,610 ICER, your pension in that sort of stuff? 286 00:16:15,960 --> 00:16:19,840 Still no, because, well, maybe yes, I don't know. 287 00:16:20,720 --> 00:16:23,110 And initially I thought, no, because it's kind of like, yeah, 288 00:16:23,120 --> 00:16:26,230 you don't pay any tax when you sell it, but. 289 00:16:28,030 --> 00:16:31,740 It's only 20% tax here and it's like would you rather have that 290 00:16:31,750 --> 00:16:34,390 ability to like trade it around and make more money so? 291 00:16:35,370 --> 00:16:39,090 I think probably still, yeah, I think I think that's fair. 292 00:16:39,100 --> 00:16:41,550 I think you're you're pretty levered already to the the 293 00:16:41,560 --> 00:16:45,040 future of crypto. Maybe diversify that by some 294 00:16:45,050 --> 00:16:47,430 goal or something. By some boomer, Boomer Bitcoin, 295 00:16:49,850 --> 00:16:51,240 right? So the next thing. 296 00:16:51,250 --> 00:16:55,850 Coin is Bitcoin now I know exactly like the old old boom of 297 00:16:55,860 --> 00:16:57,360 Bitcoin. I think is the is the 298 00:16:57,370 --> 00:17:01,580 interesting stuff. So the next thing I want to talk 299 00:17:01,590 --> 00:17:03,280 about is SBS trial is going to begin. 300 00:17:03,610 --> 00:17:06,400 I think it's next week or maybe the end of next week. 301 00:17:08,310 --> 00:17:11,099 He you can see lots of headlines about this. 302 00:17:11,109 --> 00:17:13,720 I don't know if it's gonna be televised, I don't think it is, 303 00:17:13,730 --> 00:17:17,060 but you're going to hear a lot of defences against it. 304 00:17:17,450 --> 00:17:22,760 There was a good piece today, which is like, how long is SVF 305 00:17:22,770 --> 00:17:26,040 gonna go to gaol for? Or if he's going to go to gaol, 306 00:17:26,099 --> 00:17:28,060 do you think he's gonna get away with it? 307 00:17:29,180 --> 00:17:35,190 Of different layers weighed in, the maximum he could face is 115 308 00:17:35,200 --> 00:17:38,510 years in prison. I think Bernie Madoff got 150 309 00:17:38,520 --> 00:17:41,050 years and he when he got sentenced. 310 00:17:41,760 --> 00:17:45,950 Um, now what do you think? Do you think? 311 00:17:45,960 --> 00:17:48,780 Do you think, Do you think he's gonna lose this? 312 00:17:48,790 --> 00:17:50,990 And secondly, do you think he's gonna get the book thrown at him 313 00:17:51,040 --> 00:17:52,810 or do you think he's gonna get off? 314 00:17:52,820 --> 00:17:55,770 Like there's a lot of talk about how he donated to a bunch of 315 00:17:55,780 --> 00:17:58,460 different people that may be able to help him out in this 316 00:17:58,470 --> 00:18:01,570 sort of scenario. Like, is it bad for crypto if he 317 00:18:02,260 --> 00:18:04,470 gets off? What do you think? 318 00:18:05,320 --> 00:18:09,120 Hmm. It's. 319 00:18:09,590 --> 00:18:11,960 I mean. I don't know if it's necessarily 320 00:18:11,970 --> 00:18:15,000 bad for crypto, but it's definitely bad for just like the 321 00:18:15,010 --> 00:18:17,200 world if someone like him gets off, I think. 322 00:18:19,050 --> 00:18:21,180 Because just think about how many people who are innocent and 323 00:18:21,190 --> 00:18:23,020 get prosecuted and went to prison and then someone who's 324 00:18:23,030 --> 00:18:25,360 like very clearly guilty gets off lightly. 325 00:18:25,370 --> 00:18:27,820 I think it would be pretty bad thing for humans. 326 00:18:27,830 --> 00:18:30,410 But I don't know like it. It seems like he can. 327 00:18:31,230 --> 00:18:33,390 Build some sort of a defence case and like. 328 00:18:34,040 --> 00:18:37,590 You can say things like. There wasn't malicious intent 329 00:18:37,700 --> 00:18:39,870 behind this and we just messed up and it's porous management 330 00:18:39,880 --> 00:18:44,890 stuff, which I think can like lower and reduce his time and 331 00:18:44,900 --> 00:18:48,380 reduce the charges. But you know, you have to prove 332 00:18:48,390 --> 00:18:50,830 that things were done intentionally, which means. 333 00:18:52,400 --> 00:18:54,940 You know it it kind of means like if there are other people 334 00:18:54,950 --> 00:18:58,820 involved, they could get them potentially like reduced their 335 00:18:58,830 --> 00:19:03,060 charges if they like, stitch them up by providing texts or 336 00:19:03,070 --> 00:19:04,480 emails and messages and that kind of stuff. 337 00:19:04,490 --> 00:19:07,380 So, umm. I don't know. 338 00:19:07,390 --> 00:19:09,160 We'll see. It feels like you might get away 339 00:19:09,170 --> 00:19:12,660 with something. Better than what he should get. 340 00:19:12,710 --> 00:19:16,350 But his defence seemingly is to blame it all on Caroline. 341 00:19:16,440 --> 00:19:19,620 So he's like, I think we've seen some of like what the defence is 342 00:19:19,630 --> 00:19:21,390 going to be. And it seems to be like Caroline 343 00:19:21,400 --> 00:19:22,880 didn't know what she was doing. She didn't. 344 00:19:22,890 --> 00:19:26,120 She wouldn't listen to any of my risk management stuff. 345 00:19:26,200 --> 00:19:32,910 Then she, like, broke up with me and all her fault, like I'm it 346 00:19:32,920 --> 00:19:35,040 wasn't there with me and she was at control. 347 00:19:35,050 --> 00:19:40,500 So seriously, Caroline's gonna face, like, the brunt of this. 348 00:19:41,870 --> 00:19:45,860 And I think he's allowed like they've said that it's they're 349 00:19:45,870 --> 00:19:47,780 allowed to like question them about all their drug use. 350 00:19:47,790 --> 00:19:50,570 So I think it's basically going to paint Caroline as this 351 00:19:51,520 --> 00:19:55,340 drugged up, out of control risk manager who didn't know what she 352 00:19:55,350 --> 00:19:58,530 was doing. It's tough because like I think 353 00:19:58,540 --> 00:20:02,390 Caroline is very culpable as well for like what went on there 354 00:20:02,400 --> 00:20:05,930 as well as like the other sand Trabuco, so. 355 00:20:06,980 --> 00:20:10,410 I kind of hope they all go down rather than like Caroline tells 356 00:20:10,420 --> 00:20:13,970 on SBF and manages to get out of it somehow. 357 00:20:14,040 --> 00:20:18,510 Or I think there's one like Gary something, Gary Tang or Gary 358 00:20:18,520 --> 00:20:20,650 Wang. He's like he's testifying as 359 00:20:20,660 --> 00:20:23,590 well. So it's just annoys me in these 360 00:20:23,600 --> 00:20:25,580 scenarios. They were clearly all in on it 361 00:20:25,700 --> 00:20:28,060 and they're all going to fight blame on SBF and actually they 362 00:20:28,070 --> 00:20:31,750 should all go to gaol. And if he's able to put up a 363 00:20:31,760 --> 00:20:36,090 good defence by basically saying she was just as bad as me and 364 00:20:36,140 --> 00:20:39,090 manages to somehow get a lighter sentence because of that, then I 365 00:20:39,100 --> 00:20:42,280 think that's a joke. Yeah, I think. 366 00:20:44,400 --> 00:20:48,460 I think it's going to be interesting to see what happened 367 00:20:48,470 --> 00:20:52,090 to Sam Tribute because he left a good few months before all this 368 00:20:52,100 --> 00:20:54,370 happened and we don't know if he left because of it or if you 369 00:20:54,380 --> 00:20:57,160 just left because he left. But he must have known some of 370 00:20:57,170 --> 00:21:00,470 the stuff that was going on. So, but I think he also had an 371 00:21:00,480 --> 00:21:05,620 awareness of like. What might happen, Which is 372 00:21:05,630 --> 00:21:07,110 maybe why he left. So I wonder if you, like, 373 00:21:07,170 --> 00:21:10,220 covered his tracks or made sure he, like, got himself out of any 374 00:21:10,230 --> 00:21:11,700 trouble. And I bet you he's just been 375 00:21:11,710 --> 00:21:13,740 stitching these guys up the whole time for the last few 376 00:21:13,750 --> 00:21:16,360 months. So I'm curious to see how that 377 00:21:16,370 --> 00:21:19,240 goes down. See, I don't know if Trabuco is 378 00:21:19,250 --> 00:21:22,680 like what he's done. I think he he popped up, right? 379 00:21:22,690 --> 00:21:24,970 He's been like hired by another company or something like that 380 00:21:24,980 --> 00:21:28,190 in in Singapore maybe, but like he's. 381 00:21:28,620 --> 00:21:31,450 He thinks have hired by someone like he's. 382 00:21:31,960 --> 00:21:36,040 I don't know. I think that's all that, um, 383 00:21:38,250 --> 00:21:40,210 where is he? Yeah, I think actually people 384 00:21:40,220 --> 00:21:43,420 don't know where he is but if you interested to see like where 385 00:21:43,430 --> 00:21:50,810 he he he pops up like maybe maybe he does go on to one of 386 00:21:50,820 --> 00:21:56,920 these sides await, someone said. He met SPF, SPF at math camp in 387 00:21:56,930 --> 00:22:00,490 2010. I've really. 388 00:22:01,520 --> 00:22:04,950 Just reading his Wikipedia, I love that. 389 00:22:05,060 --> 00:22:07,180 I mean, they clearly are like geniuses. 390 00:22:07,190 --> 00:22:11,770 They just, they just thought they were like gods at the same 391 00:22:11,780 --> 00:22:15,390 time, which is just unbelievably, unbelievably dumb 392 00:22:15,400 --> 00:22:16,910 and took everyone down with them. 393 00:22:18,630 --> 00:22:21,520 OK, so the next thing we'll move on to the NFT space is quite a 394 00:22:21,530 --> 00:22:24,140 lot of stuff, actually. No, we'll go on to macro here. 395 00:22:24,370 --> 00:22:30,250 The next thing was Larry Fink. So Larry Fink has basically come 396 00:22:30,260 --> 00:22:34,340 out and said he thinks there's going to be a recession in 2025, 397 00:22:35,200 --> 00:22:40,300 that he thinks the the tenure is gonna stay above 5% for a long, 398 00:22:40,310 --> 00:22:44,190 long time. What do you think? 399 00:22:44,200 --> 00:22:46,150 Do you think? Do you think we're now headed to 400 00:22:46,160 --> 00:22:49,770 like this period where it's stagflation or do you think do 401 00:22:49,780 --> 00:22:53,250 you think, I mean if black box says something and they managed 402 00:22:53,260 --> 00:22:55,930 this much money, they probably do kind of know what's about to 403 00:22:55,940 --> 00:22:58,330 happen. So what do you think happens to 404 00:22:58,340 --> 00:23:00,170 the US economy now? Do you think, do you think it's 405 00:23:00,180 --> 00:23:01,990 going to be one of these? We like rebound. 406 00:23:02,000 --> 00:23:03,900 We don't see a recession. It doesn't look like we're gonna 407 00:23:03,910 --> 00:23:06,220 have a recession right now. Like the figures look like 408 00:23:06,230 --> 00:23:10,530 they're going to recession even if like other other certain 409 00:23:10,540 --> 00:23:12,860 indicators point to a downwards like revision. 410 00:23:13,070 --> 00:23:15,100 But do you think that's like delaying the inevitable? 411 00:23:15,170 --> 00:23:18,000 Regalia also came out again and said he thinks the US is gonna 412 00:23:18,010 --> 00:23:20,710 face in debt crisis. Do you think we're just like 413 00:23:20,720 --> 00:23:23,120 extending this and then it's gonna be some horrific ending in 414 00:23:23,130 --> 00:23:25,900 2025 or do you think we've seen like the lows and now we can 415 00:23:25,910 --> 00:23:30,190 push on? I don't think we'll enter a 416 00:23:30,200 --> 00:23:32,660 recession and if we do, I don't think it will be a very deep 417 00:23:32,670 --> 00:23:34,440 one. But it's tough to say. 418 00:23:34,450 --> 00:23:37,590 You know, like history tells you that after a period of. 419 00:23:38,320 --> 00:23:40,670 Aggressive interest rate hikes. You do tend to enter a 420 00:23:40,680 --> 00:23:45,070 recession, and the economic theory tells you the reason why. 421 00:23:45,300 --> 00:23:49,210 But what we have right now is we have this like battle between. 422 00:23:49,860 --> 00:23:53,690 Let's go with interest rates versus this big like tech boom. 423 00:23:53,700 --> 00:23:55,730 And it's like another tech boom with this whole AI stuff. 424 00:23:55,740 --> 00:23:59,370 And at the end of the day, it is creating jobs, it is drastically 425 00:23:59,380 --> 00:24:03,670 improving efficiencies and that's a counter effect to 426 00:24:04,880 --> 00:24:07,810 recession. So it's a question of like which 427 00:24:07,920 --> 00:24:11,910 effect becomes more powerful. And on top of that, like the 428 00:24:11,920 --> 00:24:16,370 Fed, you know, the economic data hasn't been that bad so far and 429 00:24:16,460 --> 00:24:18,690 inflation has actually come down substantially. 430 00:24:18,700 --> 00:24:22,570 So the Fed actually have. A lot more of a leash to play 431 00:24:22,580 --> 00:24:24,940 with and and they have a bit more flexibility here. 432 00:24:24,950 --> 00:24:27,950 Whereas like the fear was this time last year, the fear was we 433 00:24:27,960 --> 00:24:30,610 would have like very bad economic data now and maybe 434 00:24:30,620 --> 00:24:33,830 inflation wouldn't be lower, but that both the, the reverse of 435 00:24:33,840 --> 00:24:36,010 both of those happened. So it feels like there's a lot 436 00:24:36,020 --> 00:24:38,870 of flexibility, I think. As soon as data gets bad, the 437 00:24:38,880 --> 00:24:41,440 Fed will have some ability to cut rates and maybe try and 438 00:24:41,450 --> 00:24:45,070 prevent a recession or at least mitigate the depth of it. 439 00:24:45,160 --> 00:24:47,450 And you have all this AI stuff, which I think is gonna keep 440 00:24:47,460 --> 00:24:48,610 going. I don't think it's gonna go 441 00:24:48,620 --> 00:24:50,440 away. I think it is going to. 442 00:24:51,090 --> 00:24:53,730 Keep boosting like stock valuations. 443 00:24:53,740 --> 00:24:58,640 So my personal opinion is that we have seen recent lows. 444 00:24:58,690 --> 00:25:02,000 I think we could dip a little bit more if there are recession 445 00:25:02,010 --> 00:25:05,140 concerns. But my guess is 2024 ends up 446 00:25:05,150 --> 00:25:08,260 being like a very good year for risk assets. 447 00:25:08,330 --> 00:25:11,510 Whether we then like plunge into recession 2025 or not, I'm not 448 00:25:11,520 --> 00:25:13,780 really sure. It's just too far out to to 449 00:25:13,790 --> 00:25:16,780 charge and Larry think knows that himself. 450 00:25:16,790 --> 00:25:23,910 So I I think it's weird because if someone would tell me like 451 00:25:23,920 --> 00:25:27,260 you're seeing this much growth in the US, it's kind of wild 452 00:25:27,270 --> 00:25:30,800 because wherever I seem to see it feels as though businesses 453 00:25:30,810 --> 00:25:33,680 and people are just like really feeling it. 454 00:25:33,750 --> 00:25:36,690 I don't know like inflation feels like savings are coming 455 00:25:36,700 --> 00:25:37,920 down. Like whenever I look at this 456 00:25:37,930 --> 00:25:40,420 other side, just like the anecdotal evidence I have is 457 00:25:40,430 --> 00:25:43,680 just that things aren't great kind of across the board. 458 00:25:43,690 --> 00:25:46,910 And you can just feel that like because lots of assets have kind 459 00:25:46,920 --> 00:25:52,770 of gone down that people just feel less and that I think that 460 00:25:52,780 --> 00:25:56,250 is affecting stuff. And like most, I mean how many 461 00:25:56,260 --> 00:25:58,750 CEOs you think are like massively hiring right now? 462 00:25:58,760 --> 00:26:00,730 All the big tech CEOs have been firing. 463 00:26:00,740 --> 00:26:04,680 All the big, a lot of service based industries have been 464 00:26:04,690 --> 00:26:06,140 firing people. I never really get how that's 465 00:26:06,150 --> 00:26:08,420 been working. But yeah, we seemingly have this 466 00:26:08,430 --> 00:26:11,490 strong market. I do think the US debt issue is 467 00:26:11,500 --> 00:26:14,320 gonna catch up with it or at least it was when we respond to 468 00:26:14,330 --> 00:26:16,430 growth. So I kind of agree with what 469 00:26:16,440 --> 00:26:22,040 Larry, I think we may have for a just a very low period of growth 470 00:26:22,050 --> 00:26:28,100 now where you have those effects that you said AI might counter. 471 00:26:28,170 --> 00:26:32,880 What's going on with that? And then we we kind of go in and 472 00:26:32,890 --> 00:26:35,840 out of recession for the next few years just because there's 473 00:26:35,850 --> 00:26:39,870 such low growth going on. OK. 474 00:26:39,880 --> 00:26:42,130 And then finally we're gonna go to the NFT space is a lot going 475 00:26:42,140 --> 00:26:44,340 on right now. We have friend tech points 476 00:26:44,350 --> 00:26:46,670 tonight. Friend tech again hitting at the 477 00:26:46,680 --> 00:26:50,300 highs across the board. I kind of feel like everything's 478 00:26:50,310 --> 00:26:53,550 gonna go a little bit lower after tonight's points. 479 00:26:53,560 --> 00:26:55,150 Everything's kind of got ramped up. 480 00:26:55,160 --> 00:26:59,310 It's got over 50 million TVL now or very close to 50 million BBL. 481 00:27:00,720 --> 00:27:03,630 But the other thing was this provenance thing that transient 482 00:27:03,640 --> 00:27:05,670 labs have come out. I don't know if you if you saw. 483 00:27:05,680 --> 00:27:10,320 This, yeah, but yeah, which is They're launching this new piece 484 00:27:10,330 --> 00:27:13,140 of hardware. They're launching alongside ACC 485 00:27:13,150 --> 00:27:18,500 K, but it's basically a way to prove provenance of physical 486 00:27:18,510 --> 00:27:23,740 items. And look, they're gonna Trace 487 00:27:23,750 --> 00:27:27,980 will Premiere will premier installed with CK's The Muse, 488 00:27:27,990 --> 00:27:30,460 says Green being auctioned at Christies and with it a new 489 00:27:30,470 --> 00:27:32,600 standard for provenance, authentication, evolution and 490 00:27:32,610 --> 00:27:35,280 documentation. Trace technology combines 491 00:27:35,290 --> 00:27:37,960 sovereign creative contract, L two Storey inscriptions, 492 00:27:37,970 --> 00:27:42,160 immutably storing provenance on chain and cutting edge secure 493 00:27:42,170 --> 00:27:44,400 chips. So it's basically a chip that 494 00:27:44,410 --> 00:27:49,010 you put into the art piece and that will then be able to prove 495 00:27:49,020 --> 00:27:51,760 the provenance. So it kind of brings the whole 496 00:27:51,810 --> 00:27:57,210 NFT technology of provenance to the physical world via this kind 497 00:27:57,220 --> 00:27:59,750 of new hardware product. And transient Labs has got a lot 498 00:27:59,760 --> 00:28:03,680 of this post obviously blew up. We've got a lot of they're very 499 00:28:03,690 --> 00:28:06,520 well known in this space. In fact, we know some of their 500 00:28:06,530 --> 00:28:10,170 employees like they're kind of dogs so to speak. 501 00:28:11,220 --> 00:28:14,780 But yeah, do you think do you think this kind of helps people 502 00:28:14,790 --> 00:28:18,440 get the whole NFT thing? For me I was like this could be 503 00:28:18,450 --> 00:28:21,380 huge if this if this takes off as like a product. 504 00:28:21,990 --> 00:28:24,440 Yeah, I think it. I think especially for the art 505 00:28:24,450 --> 00:28:28,690 world, it's pretty big. One of the main. 506 00:28:31,120 --> 00:28:34,970 Pros of NFT's over traditional art is this idea of provenance. 507 00:28:34,980 --> 00:28:38,260 It's like you know who which wallet meant to you know when 508 00:28:38,270 --> 00:28:41,850 they're into it and it's all proven Unchained and can't be 509 00:28:41,860 --> 00:28:46,490 tampered with. So making it physically using 510 00:28:46,500 --> 00:28:48,990 it, if that makes sense. I think it's quite a big thing 511 00:28:49,000 --> 00:28:51,350 and I think collectors will like that, you know, especially if 512 00:28:51,360 --> 00:28:54,750 you want to like start doing it with physical goods etcetera and 513 00:28:54,760 --> 00:28:58,480 you want. Some kind of like, uh? 514 00:28:59,410 --> 00:29:03,580 Proof for whatever it is, like authentication. 515 00:29:05,130 --> 00:29:10,190 This pretty much does that. I think it's very cool, yeah. 516 00:29:10,200 --> 00:29:12,330 Because I think up until now people have been doing it 517 00:29:12,340 --> 00:29:15,260 themselves. Like I know some artists have 518 00:29:15,270 --> 00:29:18,610 said like proof of authentication certificates, 519 00:29:18,620 --> 00:29:21,920 which maybe have like NFT technology with it. 520 00:29:22,000 --> 00:29:25,860 But I think if you get like a an industry standard about how to 521 00:29:25,870 --> 00:29:28,440 do this, I think that could be really useful, right? 522 00:29:28,550 --> 00:29:33,160 And I think that I don't know I I liked it a lot but I I I still 523 00:29:33,170 --> 00:29:36,480 think it's there are some issues in in like showing it sometimes 524 00:29:36,490 --> 00:29:38,500 like they need to it needs to be done perfectly. 525 00:29:38,510 --> 00:29:41,410 Like people aren't normally set up in their houses for it but 526 00:29:41,420 --> 00:29:45,080 they can really get on board with the idea of provenance on 527 00:29:45,090 --> 00:29:47,960 in real life things And then it's just like a short jump. 528 00:29:47,970 --> 00:29:49,980 It's kind of like what we spoke about for gaming. 529 00:29:50,090 --> 00:29:53,940 It's like this is the way that we instead of forcing A 530 00:29:53,950 --> 00:29:56,880 narrative to people which they maybe don't have to agree with, 531 00:29:56,950 --> 00:30:02,210 we just help build tools for them to agree with the 532 00:30:02,220 --> 00:30:03,540 narratives that they already exist. 533 00:30:03,550 --> 00:30:07,250 Like right you don't like web three games, we'll just build it 534 00:30:07,260 --> 00:30:08,760 around CS go for you. All right. 535 00:30:08,770 --> 00:30:13,030 You don't like digital art, digital frames, OK, we'll just 536 00:30:13,040 --> 00:30:14,730 build the technology if you that provenance. 537 00:30:14,740 --> 00:30:19,870 So I think this could be to get particularly for like adoption 538 00:30:19,960 --> 00:30:25,310 across the space which I think is huge, right. 539 00:30:25,440 --> 00:30:28,130 I think that's it for today shows today. 540 00:30:28,140 --> 00:30:30,680 Stubbs. Stubbs, right. 541 00:30:30,690 --> 00:30:32,190 Yeah, of course, Yeah. Weren't you going to Stubbs? 542 00:30:33,860 --> 00:30:37,350 Stops you out. Yeah, you have the pieces. 543 00:30:38,080 --> 00:30:39,990 I do, yeah. I'm just about to share my 544 00:30:40,000 --> 00:30:43,010 screen. All right. 545 00:30:43,020 --> 00:30:46,760 So I think you guys had on computer blood on Monday, right? 546 00:30:46,770 --> 00:30:49,790 When I was in on Monday, yeah. When I wasn't here. 547 00:30:51,260 --> 00:30:53,980 So computer Blood is the artist. I think they I believe there are 548 00:30:53,990 --> 00:30:58,290 two pieces. There is web three, web three 549 00:30:58,300 --> 00:31:00,870 bra which I think is is that this one. 550 00:31:01,530 --> 00:31:03,420 Yeah, I'm not sure, I'm not sure which one is which. 551 00:31:03,430 --> 00:31:04,980 And then there's Ohh, yeah it is. 552 00:31:04,990 --> 00:31:07,060 And then it's regarding the sensitivities. 553 00:31:07,070 --> 00:31:09,470 If you actually look at this is just the still version of this 554 00:31:09,480 --> 00:31:11,200 one. I think if you look at the GIF, 555 00:31:11,210 --> 00:31:16,840 I'd recommend wearing shades or just advise and epileptic or 556 00:31:16,850 --> 00:31:19,220 epilepsy warning because it's pretty pretty flashy. 557 00:31:19,850 --> 00:31:24,150 But yeah, both of these. Believe and now up to be able to 558 00:31:24,160 --> 00:31:26,440 pay me to burn 5 stops to claim where 3. 559 00:31:26,450 --> 00:31:30,770 Browning to burn 2 stops to claim. 560 00:31:30,780 --> 00:31:36,190 Regarding your sensitivities, both of the mint links are on 561 00:31:36,200 --> 00:31:39,580 the rug. Radio, Twitter, if you had 562 00:31:39,590 --> 00:31:41,320 everything can see them. I think we're also going to 563 00:31:41,460 --> 00:31:43,990 display them on this YouTube screen as well if you want to go 564 00:31:44,000 --> 00:31:47,090 over it and claim burn and claim those. 565 00:31:47,380 --> 00:31:50,030 And I think that's that's all we need to do for steps, right? 566 00:31:50,880 --> 00:31:53,010 Yeah, that's it. Another incredible glitch 567 00:31:53,020 --> 00:31:55,510 artist. We have like so many. 568 00:31:55,520 --> 00:31:58,010 If you go into startups like it's just like a who's who have 569 00:31:58,020 --> 00:32:02,690 glitch up there, which is cool. But yeah, awesome to have those 570 00:32:02,700 --> 00:32:04,690 pieces. We had them on the show on 571 00:32:04,700 --> 00:32:07,830 Monday and you'll have that all over the weekend to be. 572 00:32:07,840 --> 00:32:10,980 Able to go. That's the piece in in 573 00:32:10,990 --> 00:32:15,240 animation. Alright, I'll take it. 574 00:32:15,400 --> 00:32:19,040 It's very cool, but I can only look at it for about 10 seconds. 575 00:32:20,520 --> 00:32:21,950 They actually like on the screen. 576 00:32:21,960 --> 00:32:25,050 It doesn't look as bad. I know I've seen it on my on the 577 00:32:25,060 --> 00:32:27,570 stream it didn't look as bad, but I've seen it when I put it 578 00:32:27,580 --> 00:32:31,120 on myself and it's tough. OK, cool. 579 00:32:31,130 --> 00:32:34,040 Your hair, by the way, is looking like phenomenal these 580 00:32:34,050 --> 00:32:37,580 days. I'm a year in year into year in 581 00:32:37,630 --> 00:32:42,120 to the no haircut. We have a, we have like a 360 of 582 00:32:42,130 --> 00:32:43,860 it. Like it is really growing out 583 00:32:43,870 --> 00:32:47,460 now. Wow. 584 00:32:47,610 --> 00:32:49,840 It's. The thing is, it's It's really 585 00:32:49,850 --> 00:32:52,040 got depth to it, rather than length. 586 00:32:52,050 --> 00:32:53,560 Now it looks. Like, it's. 587 00:32:53,570 --> 00:32:57,010 Yeah, pretty thick. Yeah, like a full on mullet. 588 00:32:57,090 --> 00:33:00,350 It's gonna know. Is it gonna go back more, you 589 00:33:00,360 --> 00:33:03,600 think or is it gonna go down? I don't really know. 590 00:33:03,610 --> 00:33:06,850 I'm I'm kind of I think I'm past the awkward stage but I just 591 00:33:06,940 --> 00:33:09,970 it's difficult to judge like where and how it grows and like 592 00:33:09,980 --> 00:33:12,530 should I have like a middle partying should I like. 593 00:33:14,450 --> 00:33:16,710 You know, like, I think I had like a hair bow. 594 00:33:16,750 --> 00:33:21,340 A hair bow like. Like the Yeah, yeah, yeah. 595 00:33:22,110 --> 00:33:24,280 I do. I do now time my hair out when I 596 00:33:24,290 --> 00:33:26,460 play football. So in like a ponytail. 597 00:33:26,970 --> 00:33:29,880 Ohh really? Yeah, because I have to get to 598 00:33:29,890 --> 00:33:32,920 my or if I work out, it gets some eyes. 599 00:33:33,740 --> 00:33:35,710 I think that's the beauty about having long hair, right? 600 00:33:35,720 --> 00:33:37,900 You can just do whatever. Like, you don't have to decide 601 00:33:37,910 --> 00:33:41,310 what it has to be all the time. And what is your wife? 602 00:33:41,680 --> 00:33:45,110 What does your wife think of? It she likes it. 603 00:33:45,160 --> 00:33:48,270 She's a fan of the long hair, so ohh, wow. 604 00:33:48,420 --> 00:33:50,430 Well, she's a fan of long hair right now. 605 00:33:50,440 --> 00:33:52,490 When it gets down to my arse, I don't know what she'll think. 606 00:33:52,500 --> 00:33:56,360 But we've got to get right guys to 420. 607 00:33:56,370 --> 00:33:58,460 That's pretty easy. And we will. 608 00:33:58,470 --> 00:34:07,550 We've got big plans, big plans. OK guys, well, that has been, 609 00:34:07,610 --> 00:34:09,230 yeah, that's been it for this week. 610 00:34:09,239 --> 00:34:12,110 We have been sponsored again by Kraken NFT. 611 00:34:12,340 --> 00:34:17,670 Go check them out for radio4krakenkraken.com/frog 612 00:34:17,679 --> 00:34:21,620 radio. If we will be speaking to you on 613 00:34:21,630 --> 00:34:25,280 Monday again with the full lineup for, It's gonna be back 614 00:34:25,290 --> 00:34:27,070 from Sunny. I think he's gonna be in London, 615 00:34:27,080 --> 00:34:28,820 right? We're all gonna be in London, so 616 00:34:28,830 --> 00:34:29,880 yeah. We'll be in London. 617 00:34:29,889 --> 00:34:33,530 Yep, Yep. Hey guys, we will see you on 618 00:34:33,540 --> 00:34:33,780 Monday.