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Who was muted the How's my 
darling getting. 

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Is it getting better you I'm. 
I'm trying to practise your ohh.

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Anyways I'm not gonna anyways. 
yo-yo yo-yo yo what up What up? 

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Good morning. 
Good morning G MG Friday 

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September 22nd, 2023. 
Another beautiful day to have a 

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beautiful day one day until the 
end of summer. 

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Well, officially right. 
And then the fool ohh Cowie and 

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there was a Callie. 
I mean not so much of a fall I 

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think you know if if this he 
sees close for business. 

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But anyways we'll time show 
we'll talk about that. 

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But anyways today on the show 
today today of course this show 

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as usual is powered by cracking.
So if you go to 

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rockcracking.com/rug radio you 
know give your boys bum big 

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00:00:53,420 --> 00:00:56,160
because it was a shout. 
I can't wait to be with the team

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00:00:56,230 --> 00:00:59,150
later in October at F1 should be
hello from. 

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Anyways, today's topics Today's 
show topics Are we headed to 

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recession? 
Call of Duty Drugs. 

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Warzone. 
What? 

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Hold on. 
Ohh Wow. 

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Diamonds. 
Rolex is wine NFT Plunge. 

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Well everything's going zero. 
This should be articles about 

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that too. 
Base mate token may be coming 

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Friend tech points tonight. 
What to expect Stubbs reading 

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But first but first but first 
Mando Cali. 

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How are you guys doing today? 
Beautiful Friday. 

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Friday in Lisbon. 
Another beautiful day in Lisbon.

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Gonna go. 
This weekend. 

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This is the message from the 
Lisbon Tourist Board, right? 

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I swear to God I'm starting to 
think he's sponsored by the 

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London terrorist. 
And there's the Lesbian Training

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Board. 
They should move over the 

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background deal somewhere. 
You know what, I agree he 

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should. 
So we're going to get the team 

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on board on on that ASAP. 
We we ask you that we need to 

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get the team on board with that.
We need to them to contact the 

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London Tourism Board and while 
they're at it maybe they can get

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me a a speed visa or something 
say listen, Farooq will also 

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move there. 
So we have Farooq Commando 

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promoting. 
Actually met, like the 

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unofficial mayor of Lisbon. 
Domain. 

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Is that like a gang thing or 
knows all the parties and stuff 

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like that, that he knows the 
city? 

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Does he goes to my gym? 
I've been seeing him for like. 

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Two people go to my gym, 
actually. 

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One of them owns all the 
restaurants here and the other 

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one is this unofficial mayor guy
that the big property developer 

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out here. 
And I was just walking. 

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We went for lunch a couple days 
ago and this guy's connected 

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like he's the guy walks down the
street and everyone like it's 

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like, you know, knows him like 
the godfather. 

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OK, like he's so he is a mafia 
boss. 

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Get the buildings up. 
Let's put it that way. 

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So I'm leaving. 
Yeah, maybe. 

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Maybe we'll get into business. 
Maybe I'll maybe I'll be 

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shilling some some this Lisbon 
properties or whatever the fuck 

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he's going to get me involved 
in. 

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Get me in on that get just get 
me in on a on a free apartment 

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so I can move there. 
OK, that's all I want or. 

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Studio 10 hundreds of 1,000,000.
We had that look about it. 

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You know what I mean? 
I always wondered, yeah, I 

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always wondered, like, why my 
family didn't think of like, 

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getting richer earlier. 
So just be born with it. 

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Yeah, but why? 
Why didn't they about when they 

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were. 
Yeah. 

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Like why? 
Why does like, I don't know, 

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like, hmm. 
Like why didn't have the the 

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hindsight to buy all the like 
the we have the same thing in 

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Montreal. 
I feel like every city has that,

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like one person that's known to 
own everything. 

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Like there's the same thing in 
Montreal. 

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There's a lot of real estate 
developers and a lot of 

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successful people. 
But there's like one family that

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owns 4000 buildings and units in
Montreal, the Sergachev's 

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family, right. 
But he also owns all the strip 

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clubs, the casino, they all. 
And so he's like, he's like, 

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yeah, it's it's it's a Greek and
so and there's another guy who 

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is anyway, he owns my squash 
club. 

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He wants to start naming people 
here on the show, but also want 

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to be able to go back to 
Montreal. 

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But then the entire 
saint-laurent St, which is the 

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street north from nightclubs and
everything and for a moment he 

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was banned from selling and 
buying more from the government.

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So there's there's a bunch of 
stuff like that. 

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I always wonder, like, what if 
we, you know? 

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Biggest Lando owner in Lisbon is
actually the Church. 

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I didn't know that and until 
after speaking to this guy. 

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But yeah, like, the Catholic 
Church owns a lot on this. 

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Amen Montreal. 
So they. 

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Like the Probably like the 
second or third biggest 

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landholder globally, right? 
Like they're the third biggest 

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landholder in UK and. 
Traditionally it was a pretty 

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big power base. 
Yeah. 

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I often think that, like, maybe 
that's just like a great way to 

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just like, you know, have a good
life and just chill. 

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Be like the head of like 
property for the Catholic Church

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and the What's it Bank the. 
They have that Vatican bank. 

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Yeah. 
Yo, this is Glenn. 

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Sorry. 
What's this? 

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Yeah, I don't know if using the 
Baskins that cool, but I'm sure 

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you're probably good. 
Pretty good. 

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Pretty good. 
The Catholic Church want to 

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sponsor this show. 
I'm down like. 

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That nobody told me. 
Somebody told me that they were 

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looking for NFC advisory. 
You are back to go up every. 

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I will start the show with a 
prayer for NFT. 

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Took all my bags to go up 
everyday. 

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You know another deal deals that
positive spirit to Santi. 

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Amen, right? 
So we may lose some of the 

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others audience now. 
With Google up with the Pope 

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let's make it happen bunch of 
anyways we're Oh my God this is 

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bad. 
Anyways I was gonna say Montreal

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they they it's this thing on the
Amphi theosis which is when you 

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can rent a building or land for 
99 years and up where you have 

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the full rights of property 
enjoyment on top of it. 

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So in Montreal the nuns, they 
rented all the buildings 

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everything like all Of Montreal 
was owned by the nuns and they 

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pretty much rented most of that 
out for 99 years plus. 

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So they built skyscrapers on top
of them. 

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So they don't make money at all 
from the skyscraper if it sells 

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buys or the property. 
But they own the actual land of 

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where the skyscrapers was built 
and you get to rent it every 99 

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years. 
Fun things you learn in law 

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school. 
So I guess it is worth it after 

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all. 
But it's called I had to Google 

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in France the name but it's M 
EM5 CU sis. 

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It's a Greek word and yeah it's 
complicated. 

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But anyways so one fun fun thing
I I I saw so it's one of the 

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Craftsman scenes brothers 
shared. 

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That live video now is pushed on
Twitter spaces on X and it is. 

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So if you go check this out, 
this is new. 

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If you go on Rug Radio's Twitter
and I go open live video now and

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it's they. 
Push. 

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Ohh wow. 
You know now at the same place 

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that they push spaces at the top
of the bar. 

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That's awesome. 
They like, if you go on your 

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phone, look at that. 
Look this, this is. 

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Look at that. 
It's pink. 

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Now it's us and you do this. 
Yo, this is pretty. 

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Cool. 
Yeah, there we are. 

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Here we are here. 
We are shipping. 

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Show Google live proof is live 
also from Marfa it seems with 

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snow fro. 
Great way for live events by the

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way. 
Since I know you're watching 

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this is great and it seems like 
proof is live with snowfall and 

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whatnot. 
So you love to. 

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We do a lot of live events that 
we're doing zebu next month and 

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we do a lot of that stuff. 
So consensus ohh also shows the 

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spaces on top of that. 
So you have the spaces and the 

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video. 
I like, I like. 

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Anyways, we called this. 
I don't know if you guys saw the

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the updates from Twitter. 
They have a whole bunch of stuff

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coming. 
Linda Yaccarino that the CEO 

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like she shared all this stuff 
coming up like it's really 

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becoming the Super app, right. 
And I was talking about super 

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apps in Asia when I was there 
like grab and all the stuff 

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people use out there. 
So I don't know. 

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Anyways this is gonna probably 
be one of the biggest onboarding

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to crypto if those two perhaps 
get wet through integration. 

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And the West side in the West 
side of the world because it did

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on the other side of the world, 
right. 

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Everybody's got a wallet because
of that. 

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We wish you Polygon ways. 
Alright, so why don't we get 

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started with the with what's 
happening in the market and 

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Mando, are we headed into a 
recession, What's happening 

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with? 
Big question, big question I 

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guess. 
I guess there's two, two sides 

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to the story. 
There was a very. 

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Bill Ackman, who's a very well 
known hedge fund manager, 

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probably most well known like 
during COVID as well, he put out

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a pretty bearish post today. 
Type in Bill Ackman, you'll see 

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it. 
But he basically goes into the 

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idea that he thinks that bond 
yields continue to go high, 

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inflation is going to go higher,
oil is going to be pushing it. 

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And a lot of people have been 
saying this, you know, we're 

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going to end up with some sort 
of doomsday scenario in next 

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year and this is at a time when 
global debt is at. 300 million, 

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I think it was a household 
debts, the highest ever been in 

178
00:09:00,780 --> 00:09:02,820
the US. 
Auto debts, the highest it's 

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00:09:02,830 --> 00:09:04,520
ever been. 
Student loan debt, the hearts 

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00:09:04,530 --> 00:09:06,230
it's ever been. 
Credit card debts. 

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00:09:06,240 --> 00:09:10,420
The highest it's ever been. 
That is just out of control. 

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So high interest rates just mean
that people firstly dip into 

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their savings and then they run 
out of money. 

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So you start to see some some 
evidence of of delinquencies go 

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up particularly on small banks. 
And it's not looking good on 

186
00:09:23,770 --> 00:09:25,710
that that front. 
Do I think we're going to head 

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00:09:25,720 --> 00:09:28,810
to a really bad recession. 
What's interesting is saying is 

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that the Fed came out yesterday 
in amongst them being hawkish. 

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00:09:32,590 --> 00:09:34,720
They basically said look we we 
don't think it's gonna be 

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00:09:34,730 --> 00:09:36,550
session anymore. 
We're taking the word recession 

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00:09:36,560 --> 00:09:39,630
out of our guidance. 
We just think there's that low 

192
00:09:39,640 --> 00:09:41,130
likelihood it's going to be a 
recession. 

193
00:09:41,640 --> 00:09:44,170
Goldman Sachs have also been 
very, very keen in saying that 

194
00:09:44,180 --> 00:09:47,320
no recession main bit of that is
because there's been. 

195
00:09:47,960 --> 00:09:52,180
Employments going down, sorry, 
unemployment is going down or at

196
00:09:52,190 --> 00:09:54,450
least stayed very, very low for 
a long time. 

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00:09:55,140 --> 00:09:59,690
And there are a couple of other 
signs that that show that we're 

198
00:09:59,700 --> 00:10:02,810
slightly bottoming in terms of 
economic activity. 

199
00:10:02,820 --> 00:10:05,060
Retail sales, the consumer has 
been pretty strong over this 

200
00:10:05,070 --> 00:10:07,110
whole period. 
The main worry has been this 

201
00:10:07,120 --> 00:10:09,640
yield curve inversion as well 
that people have said like 

202
00:10:09,650 --> 00:10:12,340
that's one of the telltale size 
signs that heading to a 

203
00:10:12,350 --> 00:10:14,800
recession that's like 2 year 
interest rates are higher than 

204
00:10:14,810 --> 00:10:16,920
10 year interest rates and 
that's been going on for a long 

205
00:10:16,930 --> 00:10:19,030
time and that's one of the best 
predictions of a recession. 

206
00:10:19,860 --> 00:10:23,370
Umm, my gut. 
And maybe Carly can come in here

207
00:10:23,380 --> 00:10:26,410
as well. 
But my gut is that we will not 

208
00:10:26,420 --> 00:10:30,260
have a recession. 
But I think we were probably in 

209
00:10:30,270 --> 00:10:37,470
for a decade of under. 
Underwhelming returns just 

210
00:10:37,480 --> 00:10:40,070
because of how high rates rates 
are right now. 

211
00:10:41,460 --> 00:10:43,400
And the reason why I didn't 
there's gonna be really bad 

212
00:10:43,410 --> 00:10:47,420
recession is I don't see there 
being a credit crisis in the 

213
00:10:47,430 --> 00:10:50,060
same way that it was in like 
previous recessions. 

214
00:10:50,150 --> 00:10:53,220
Like the bank banking system in 
my opinion is in a better spot. 

215
00:10:54,770 --> 00:10:57,400
Higher credit spreads or junk 
bond credit spreads, what we we 

216
00:10:57,410 --> 00:11:02,120
used to trade the types of the 
year very in both Europe and the

217
00:11:02,130 --> 00:11:04,880
US it shows very little stress 
in terms of companies or in 

218
00:11:04,890 --> 00:11:07,210
terms of banks and the main 
stress here will be from the 

219
00:11:07,220 --> 00:11:10,700
consumer. 
Um, and potentially from 

220
00:11:10,710 --> 00:11:13,090
governments. 
I I think that's going to 

221
00:11:13,100 --> 00:11:14,950
happen. 
Like, we will probably be a 

222
00:11:14,960 --> 00:11:17,510
period of less spending, but I 
don't think we're gonna head to 

223
00:11:17,700 --> 00:11:21,930
a recession. 
So in that world, what happens 

224
00:11:21,940 --> 00:11:24,260
to like markets, I think 
markets? 

225
00:11:25,810 --> 00:11:28,150
The stock market is obviously 
not reacting that well right 

226
00:11:28,160 --> 00:11:32,230
now, but I think medium, medium 
term again it's just this period

227
00:11:32,240 --> 00:11:34,300
where I think stock market 
returns are not gonna be that 

228
00:11:34,310 --> 00:11:37,250
high. 
Bond yields are suddenly now 

229
00:11:37,260 --> 00:11:40,730
higher than equity yields the 
first time in 15 years. 

230
00:11:40,740 --> 00:11:42,940
So I do think you can probably 
get better returns than bonds 

231
00:11:42,950 --> 00:11:46,050
than than in stocks right now. 
But I don't think anything is 

232
00:11:46,060 --> 00:11:48,040
going to be cataclysmic. 
We're not going to get like 

233
00:11:48,050 --> 00:11:51,590
these 6070% drops in my opinion 
and in stocks that you saw 

234
00:11:51,600 --> 00:11:55,070
during O 8:00 just because I 
don't think there's going to be 

235
00:11:55,150 --> 00:11:57,230
a blow up in the in the credit 
systems and. 

236
00:11:57,320 --> 00:12:00,490
In the banking system. 
But yeah, Carrie, I mean, you 

237
00:12:00,500 --> 00:12:01,970
have strong views about all this
other stuff. 

238
00:12:01,980 --> 00:12:06,100
What do you think? 
I'm definitely more pessimistic 

239
00:12:06,110 --> 00:12:09,510
than Mando in in general about 
everything, but also also about 

240
00:12:09,520 --> 00:12:11,370
the economy. 
That's just like a British 

241
00:12:11,380 --> 00:12:12,300
thing, isn't it? 
I think. 

242
00:12:14,660 --> 00:12:18,110
I'm Portuguese now. 
He's pushing exactly a happy 

243
00:12:18,900 --> 00:12:22,290
disposition, like tourism of 
Portugal. 

244
00:12:25,080 --> 00:12:26,460
Yeah. 
I mean, I think what's 

245
00:12:26,470 --> 00:12:27,910
interesting, I think Mando is 
right. 

246
00:12:27,920 --> 00:12:29,730
I think the stress is on the 
consumer. 

247
00:12:29,740 --> 00:12:32,730
But the interesting thing is 
like cycle all of this, all 

248
00:12:32,740 --> 00:12:34,110
interest rates and all this 
stuff. 

249
00:12:34,940 --> 00:12:38,770
Don't really matter that much. 
It's more about like the 

250
00:12:38,780 --> 00:12:42,150
psychology of how people feel 
and whether they want to start a

251
00:12:42,160 --> 00:12:45,150
business, want to hire more 
people, want to buy more stuff 

252
00:12:45,200 --> 00:12:47,650
like interest rates effects 
that, but they're not the only 

253
00:12:47,660 --> 00:12:50,290
input into that. 
And so if you have a couple of 

254
00:12:50,300 --> 00:12:53,760
years where like. 
Stock returns underperformed 

255
00:12:53,770 --> 00:12:56,530
massively. 
Then I wonder, in such a crowded

256
00:12:56,540 --> 00:12:58,820
market, that people just say, 
you know what, fuck this and 

257
00:12:58,830 --> 00:13:02,790
just dump it. 
And then that's when you get the

258
00:13:02,800 --> 00:13:05,040
massive drawdowns. 
It's not even because like the 

259
00:13:05,050 --> 00:13:07,780
underperforming cash flows are 
like changed that much. 

260
00:13:07,790 --> 00:13:11,100
It's just been, yeah, a few 
years into that decade of 

261
00:13:11,290 --> 00:13:14,010
underperformance and then people
just get tired and then you see 

262
00:13:14,020 --> 00:13:16,360
these, it probably doesn't 
happen all at once. 

263
00:13:16,370 --> 00:13:20,060
It's probably not like a 100 to 
40 drop, but then you'd see 

264
00:13:20,070 --> 00:13:25,060
these multiple like 1020% drops.
That's one situation which I 

265
00:13:25,070 --> 00:13:30,500
think psychology and like drawn 
out underperformance could 

266
00:13:31,010 --> 00:13:34,900
materialise into like a severe. 
Underperformance over longer to 

267
00:13:34,910 --> 00:13:36,820
medium term. 
I think the other thing which 

268
00:13:36,830 --> 00:13:40,900
Ackman says in that tweet, which
I really agree with, is that 

269
00:13:41,190 --> 00:13:46,120
people for the past 1020 years 
we've had massive deflationary 

270
00:13:46,130 --> 00:13:48,940
forces on pretty much every 
element of our lives. 

271
00:13:48,950 --> 00:13:51,670
Everything's now made in China 
for like a tenth of the price 

272
00:13:51,680 --> 00:13:56,640
that it was previously there's 
been like reasonably benign. 

273
00:13:56,650 --> 00:14:00,380
Before COVID at least, the whole
global economy and global like 

274
00:14:00,430 --> 00:14:03,980
geopolitical structure was 
reasonably reasonably benign. 

275
00:14:04,480 --> 00:14:06,490
And kept energy prices pretty 
low. 

276
00:14:06,500 --> 00:14:09,400
It kept like there wasn't that 
much disruption to the whole 

277
00:14:09,410 --> 00:14:14,130
globalisation machine. 
And I think his view and my view

278
00:14:14,140 --> 00:14:16,700
is that that kind of is not 
going to be the same for the 

279
00:14:16,710 --> 00:14:18,970
next 10 years and that's going 
to be inflationary. 

280
00:14:19,280 --> 00:14:22,530
And so that's where you get this
higher for longer narrative from

281
00:14:22,540 --> 00:14:25,890
as well. 
So which real Ackman tweet are 

282
00:14:25,900 --> 00:14:29,250
you guys like agreeing with? 
Like are you guys talking about 

283
00:14:29,320 --> 00:14:33,030
the one where he said call me 
crazy but I think SBF may be 

284
00:14:33,040 --> 00:14:37,170
telling the truth Or the tweet 
where Bill Ackman says many have

285
00:14:37,180 --> 00:14:39,610
expressed surprise about my 
interest in FX situation blah 

286
00:14:39,620 --> 00:14:42,750
blah blah. 
And my openness of possible FBX 

287
00:14:42,860 --> 00:14:46,110
may be telling the truth as I 
have no economic interest in 

288
00:14:46,120 --> 00:14:50,760
relationship blah blah blah. 
So you know, we talk about. 

289
00:14:52,650 --> 00:14:54,440
One thing and then doing 
another. 

290
00:14:54,590 --> 00:14:57,280
And he's also famous for just 
like being wrong with certain 

291
00:14:57,290 --> 00:14:58,580
things that no one ever 
remembers. 

292
00:14:58,630 --> 00:15:01,220
It would be great if they found 
the Big Short guy. 

293
00:15:01,270 --> 00:15:04,560
It would be right if they didn't
run their mouth when it comes to

294
00:15:04,570 --> 00:15:06,480
our industry and just kept doing
their thing. 

295
00:15:08,380 --> 00:15:13,370
Ackman during March of 2020, 
like when COVID was. 

296
00:15:13,560 --> 00:15:19,620
Or maybe it was April. 
He went on to Bloomberg or CNBC 

297
00:15:19,630 --> 00:15:23,720
and was literally just saying 
everything's going to end, the 

298
00:15:23,730 --> 00:15:28,680
world is going to end like, and 
then it turned out the next day 

299
00:15:28,750 --> 00:15:34,320
that he had just been buying so 
much stuff that exact day. 

300
00:15:35,790 --> 00:15:38,840
And because he was like, it's so
bad that it's gonna be good. 

301
00:15:38,890 --> 00:15:42,820
So he has this like way of, I 
don't know, profiting by maybe 

302
00:15:42,830 --> 00:15:45,480
doing the. 
Exact somebody else say it's so 

303
00:15:45,490 --> 00:15:48,000
bad, it's good. 
I've heard someone. 

304
00:15:48,010 --> 00:15:51,540
Is that what you're taking from?
You take it from Bill Ackman. 

305
00:15:53,090 --> 00:15:59,850
CNBC said the world is over. 
It's it's quite famous thing 

306
00:15:59,860 --> 00:16:02,620
that he did so like he's known 
for doing this like these are 

307
00:16:02,630 --> 00:16:05,060
the sort of things and he might 
today he might just go really 

308
00:16:05,110 --> 00:16:10,860
like long being short. 
So it's it's you have to kind of

309
00:16:10,870 --> 00:16:13,380
reverse these people. 
He makes money, though. 

310
00:16:13,390 --> 00:16:17,160
He's been making money. 
Yeah, it was. 

311
00:16:19,560 --> 00:16:20,310
I'm sure. 
I just. 

312
00:16:20,320 --> 00:16:23,470
I just will never forget this. 
Like, that was literally the day

313
00:16:23,480 --> 00:16:25,200
the SBF destroyed everyone's 
lives. 

314
00:16:25,210 --> 00:16:28,270
Like during the one tweet, I was
literally in the thick. 

315
00:16:28,280 --> 00:16:30,730
Of soldering the spirit. 
He was probably short Solana. 

316
00:16:31,440 --> 00:16:36,110
He probably was like this guy's 
notoriously famous for counter 

317
00:16:36,120 --> 00:16:37,860
trading. 
His what he says on TV like he 

318
00:16:37,870 --> 00:16:40,880
has this opportunity in front of
300 million Americans to send 

319
00:16:40,890 --> 00:16:42,360
the market down to the world is 
over. 

320
00:16:42,370 --> 00:16:46,080
And he's not even short like. 
Yeah, he was pilot. 

321
00:16:46,090 --> 00:16:47,440
He was sure. 
He was sure. 

322
00:16:47,450 --> 00:16:49,680
He was sure at some point, 
though, OK. 

323
00:16:51,220 --> 00:16:57,670
That exact date for everything. 
Fear. 

324
00:16:57,730 --> 00:17:01,520
You bought it all ohh Billy, I 
mean over time, right? 

325
00:17:01,530 --> 00:17:03,290
Because then everything 
eventually recovered. 

326
00:17:03,300 --> 00:17:07,349
But that's a wow ohh Billy. 
Billy, Billy. 

327
00:17:07,359 --> 00:17:09,099
Alright. 
Today. 

328
00:17:09,839 --> 00:17:13,430
Today. 
The Dow, the Dow Jones is 

329
00:17:13,440 --> 00:17:14,869
actually kind of flat for the 
year. 

330
00:17:14,880 --> 00:17:17,390
The Russell which is the top 
1000 stock is flat. 

331
00:17:17,400 --> 00:17:22,119
The the only reason the S&P and 
the NASDAQ hahaha because of 

332
00:17:22,130 --> 00:17:25,470
these AI stocks. 
Which isn't isn't just like a US

333
00:17:25,480 --> 00:17:29,370
phenomenon. the US, the US like 
Standard Company hasn't really 

334
00:17:29,380 --> 00:17:31,810
had that great year. 
Like we kind of have been a bit 

335
00:17:31,820 --> 00:17:35,830
of a terrible year for stock 
market returns and I think I 

336
00:17:35,840 --> 00:17:38,990
think we could see a period here
just like subdued stock market 

337
00:17:39,000 --> 00:17:45,450
returns for the next five years.
Which I agree with what Kelly 

338
00:17:45,460 --> 00:17:47,970
was saying there. 
Like you could have this sort of

339
00:17:47,980 --> 00:17:51,010
period where it doesn't go down 
60%, but it just like it's 

340
00:17:51,080 --> 00:17:53,840
almost flattish or like certain 
companies obviously weren't like

341
00:17:53,850 --> 00:17:57,080
AI and tech, but the rest of the
press that stocks don't really 

342
00:17:57,090 --> 00:18:00,430
do that well. 
Well, I guess don't buy stocks 

343
00:18:00,440 --> 00:18:03,840
by Mint coins, this non 
financial advice, OK? 

344
00:18:03,880 --> 00:18:06,390
Or any time of the day is having
its day. 

345
00:18:06,680 --> 00:18:08,170
Yeah. 
Let's let's quickly go over the 

346
00:18:08,180 --> 00:18:09,910
market. 
Like the market seems to get 

347
00:18:09,920 --> 00:18:12,810
someone of something. 
I I don't feel anything with 

348
00:18:12,820 --> 00:18:15,270
Pepe anymore because it's like 
I'm down so horrendous. 

349
00:18:15,420 --> 00:18:18,630
They're like, get me back to 
like that decimal to feel 

350
00:18:18,640 --> 00:18:20,250
anything. 
But hey, I'll take it, man. 

351
00:18:20,520 --> 00:18:24,390
Small wins? 
Yeah, it's back. 

352
00:18:24,400 --> 00:18:26,100
Where are we? 
Are we so fucking back? 

353
00:18:26,110 --> 00:18:27,220
Or not yet? 
We're not. 

354
00:18:27,230 --> 00:18:29,920
Saying that we are so fucking 
not back. 

355
00:18:31,210 --> 00:18:33,110
Cool. 
Whoa, go. 

356
00:18:34,690 --> 00:18:38,320
Just dying, man. 
Umm. 

357
00:18:40,620 --> 00:18:43,110
The the crypto has done OK, but 
it's back to kind of where it 

358
00:18:43,120 --> 00:18:45,630
was yesterday during the show. 
At least it dipped and then it's

359
00:18:45,640 --> 00:18:50,100
come back to almost unchanged. 
Umm I. 

360
00:18:50,150 --> 00:18:52,850
What I said today in my French 
chat was that if you didn't sell

361
00:18:52,860 --> 00:18:56,280
the yesterday, I don't know why 
you selling today like this 

362
00:18:56,290 --> 00:19:00,240
seems very, very silly. 
Like yesterday was peak, the 

363
00:19:00,290 --> 00:19:02,960
stocks were down the most, 
they've been down in six months.

364
00:19:03,070 --> 00:19:05,140
Bond yields were hitting a 
record in 15 years. 

365
00:19:05,250 --> 00:19:08,020
We didn't start yesterday. 
I was freaking you out today to 

366
00:19:08,030 --> 00:19:11,000
sell, sell crypto. 
So I kind of felt like we were 

367
00:19:11,010 --> 00:19:13,750
going to edge a little bit 
higher and that's kind of what 

368
00:19:13,760 --> 00:19:15,000
we do. 
I don't know where we go medium 

369
00:19:15,010 --> 00:19:17,080
term, but today just didn't seem
the day that we were going to 

370
00:19:17,090 --> 00:19:20,620
puke. 
Given how bad yesterday, I'm 

371
00:19:20,630 --> 00:19:24,140
always saying you can't. 
I'm always scared of. 

372
00:19:24,150 --> 00:19:27,330
Weekends don't come down, come 
down slightly as well, so 

373
00:19:28,270 --> 00:19:29,780
slightly. 
Better day in the markets. 

374
00:19:30,290 --> 00:19:33,620
No real massive movers from what
I could see. 

375
00:19:34,630 --> 00:19:36,830
All right, well, we'll move 
forward from that and see what 

376
00:19:36,840 --> 00:19:40,160
happens in market after the 
weekend on Monday morning. 

377
00:19:40,170 --> 00:19:43,740
So topic #2, which is actually a
gaming topic, it's pretty fun. 

378
00:19:44,030 --> 00:19:48,620
So Call of Duty it looks like 
you know they've they've rugged 

379
00:19:48,630 --> 00:19:51,280
War zone. 
I mean, see, like, see gamers. 

380
00:19:51,650 --> 00:19:53,960
You only get rugged and Web 3 
gaming. 

381
00:19:54,150 --> 00:19:57,830
OK, like this happens 
everywhere, even on your home 

382
00:19:57,840 --> 00:20:00,030
turf. 
So I'm quoting a a tweet from 

383
00:20:00,080 --> 00:20:02,550
from Spike. 
Spike reacts. 

384
00:20:02,740 --> 00:20:06,710
The biggest theft in gaming is 
happening today. 

385
00:20:06,720 --> 00:20:09,830
Oh where's that? 
We have OOH button. 

386
00:20:09,840 --> 00:20:13,390
But anyways, Call of Duty 
Warzone One is shutting down and

387
00:20:13,400 --> 00:20:16,110
players won't be able to 
transfer their original Horizon 

388
00:20:16,120 --> 00:20:19,450
skins to Warzone 2. 
Gotcha. 

389
00:20:19,520 --> 00:20:22,270
You see why NFT's come into play
here? 

390
00:20:22,340 --> 00:20:25,150
Billions of dollars of worth of 
in game. 

391
00:20:25,240 --> 00:20:29,640
Items are being taken away. 
This is why of the main reasons 

392
00:20:29,650 --> 00:20:33,160
why we need web 3 gaming. 
I mean that's absolutely crazy. 

393
00:20:33,170 --> 00:20:35,760
I'm actually I'm gonna go to you
man though and get your thoughts

394
00:20:35,770 --> 00:20:38,900
but I'm gonna bring Sims on 
stage two are are the producer 

395
00:20:38,910 --> 00:20:41,060
of our morning show cause your 
your backgrounds in game of 

396
00:20:41,070 --> 00:20:43,410
Mando. 
If that's not a use case for web

397
00:20:43,420 --> 00:20:46,980
3 gaming, I've never seen them. 
Best better use case as the 

398
00:20:46,990 --> 00:20:50,450
beginning of what 3 gaming? 
So I agree with this guy and I 

399
00:20:50,460 --> 00:20:52,110
don't agree with him. 
At the same time, I think, I 

400
00:20:52,120 --> 00:20:54,570
think it's. 
I think it is. 

401
00:20:54,580 --> 00:20:58,170
It does show that the idea that 
if you have NFTS, you can trade 

402
00:20:58,180 --> 00:21:00,570
in and out of them while the 
game is still active. 

403
00:21:01,810 --> 00:21:05,110
There is like towards the end of
the game, there's very few 

404
00:21:05,120 --> 00:21:06,890
players playing it as a reason 
why they close down. 

405
00:21:06,940 --> 00:21:08,590
This is just War Zone One, 
right? 

406
00:21:09,050 --> 00:21:11,370
I still think there's a lot of 
people playing Warzone One, 

407
00:21:11,380 --> 00:21:13,940
right? 
There's still enough, actually 

408
00:21:13,950 --> 00:21:16,040
not like peak. 
There's not peak amounts of 

409
00:21:16,050 --> 00:21:18,140
LIKE. 
It's not like game game users 

410
00:21:18,150 --> 00:21:20,600
normally go up parabolically. 
Yeah, yeah. 

411
00:21:22,440 --> 00:21:24,710
And anyway, like so. 
I think NFT Challenge is great 

412
00:21:24,720 --> 00:21:28,450
for that as the game dwindles, 
but I don't know if NFT's really

413
00:21:28,460 --> 00:21:32,010
really would fix this totally. 
Because. 

414
00:21:33,230 --> 00:21:35,970
They, I mean, if they did this 
even with the Web three-game and

415
00:21:35,980 --> 00:21:38,360
they discontinued the game, 
you're asked that you currently 

416
00:21:38,370 --> 00:21:40,920
use the assets anyway, unless 
they were interoperable with the

417
00:21:40,930 --> 00:21:45,120
next version of the game, and 
that's not always the case. 

418
00:21:45,210 --> 00:21:49,660
So I think NFT's improved during
the life of the game, they 

419
00:21:49,670 --> 00:21:52,700
improved the trade of it. 
I still think NFT's leave you 

420
00:21:52,710 --> 00:21:55,760
vulnerable even to this sort of 
a rug where the game gets 

421
00:21:55,770 --> 00:21:57,980
discontinued unless they are 
seen as some sort of like 

422
00:21:57,990 --> 00:22:01,090
collectible item that like 
everyone remembers and it was 

423
00:22:01,100 --> 00:22:03,950
great from the game, but the 
utility. 

424
00:22:04,030 --> 00:22:08,080
These games will die when the 
game developer decides to stop 

425
00:22:08,090 --> 00:22:10,400
having them, and that will 
happen in Web Two and Web Three.

426
00:22:10,410 --> 00:22:15,220
They'll only the NFT would only 
last as some form of a of a I 

427
00:22:15,230 --> 00:22:16,800
don't. 
Know as a trophy, let's say 

428
00:22:16,870 --> 00:22:19,500
which. 
People might want to have but I 

429
00:22:19,510 --> 00:22:21,770
think. 
I think the utility still does 

430
00:22:21,780 --> 00:22:22,700
die. 
I don't know what you think, 

431
00:22:22,710 --> 00:22:25,940
Sims. 
I mean there's there's two sides

432
00:22:25,950 --> 00:22:29,080
to this and you can play devil's
advocate kind of in the way that

433
00:22:29,090 --> 00:22:30,810
you're going with it. 
Like there's there's the one 

434
00:22:30,820 --> 00:22:34,570
side which is good and bad and 
was like Oh yeah, This is why we

435
00:22:34,580 --> 00:22:37,610
fucking need NFT's. 
But in the in the previous site 

436
00:22:37,620 --> 00:22:40,550
to that it's one of the reasons 
why gamers hit NFT. 

437
00:22:40,560 --> 00:22:42,900
It's like you need them you you 
have to have NFT. 

438
00:22:42,910 --> 00:22:45,100
They're the future and just 
ramming them down the throats 

439
00:22:45,110 --> 00:22:48,370
and we've had years of snake oil
salesman who never actually been

440
00:22:48,380 --> 00:22:50,720
in gaming just continues to 
telling people they have to have

441
00:22:50,730 --> 00:22:53,050
NFT otherwise gaming's going to 
die. 

442
00:22:53,280 --> 00:22:55,690
So there is that side to it, and
it's understandable why. 

443
00:22:55,840 --> 00:22:58,460
You know a topic like this as as
kind of rattled some cages and 

444
00:22:58,470 --> 00:23:00,960
made some noise within our 
ecosystem of cryptos. 

445
00:23:00,970 --> 00:23:03,600
Like yeah, this is what an NFT 
is do it saves you from this. 

446
00:23:03,760 --> 00:23:06,620
But then there's the other side 
of it where it's like, you know,

447
00:23:06,830 --> 00:23:10,340
was I gutted back when Halo two 
and Halo three died and they 

448
00:23:10,350 --> 00:23:11,740
shut down the servers? 
Of course I was. 

449
00:23:11,750 --> 00:23:15,620
But was I pissed that I lost all
the extensions, all the battle 

450
00:23:15,630 --> 00:23:17,820
passes, all all the packs, all 
the stuff that I bought skins 

451
00:23:17,830 --> 00:23:20,300
went around them but you still 
paid for map packs for example. 

452
00:23:20,650 --> 00:23:24,620
I want piss that I lost them 
because it's a new game, right? 

453
00:23:24,630 --> 00:23:27,140
It shutting down was on 2.0 is 
out. 

454
00:23:27,220 --> 00:23:29,960
Know they're going to be looking
forward to building that up and 

455
00:23:29,970 --> 00:23:31,920
introducing new things and if 
there's anything that we know 

456
00:23:31,930 --> 00:23:35,340
about Call of Duty they they 
launch and flip a new game every

457
00:23:35,350 --> 00:23:37,980
single year that that that 
fucking franchise absolutely 

458
00:23:37,990 --> 00:23:39,680
prints money. 
But they flip-flopped between 

459
00:23:39,690 --> 00:23:41,400
developers. 
It could be sledgehammer one 

460
00:23:41,410 --> 00:23:45,040
time, Infinity War the next. 
It could literally be that the 

461
00:23:45,050 --> 00:23:47,900
the tech the skins that they 
made there are not compatible 

462
00:23:47,910 --> 00:23:50,860
with the the next engine or if 
it's a different developer they 

463
00:23:50,870 --> 00:23:53,510
might have not may not have a 
licence to actually move those 

464
00:23:53,520 --> 00:23:57,450
skins over to the next thing. 
What they have done is and it's 

465
00:23:57,460 --> 00:23:59,890
not a complete. 
You know, disaster. 

466
00:24:00,560 --> 00:24:02,680
The game itself still stays 
alive. 

467
00:24:02,690 --> 00:24:04,650
War Zone was a free to play 
game, remember. 

468
00:24:04,660 --> 00:24:06,650
That's it. 
It's a it's an add-on, it's an 

469
00:24:06,660 --> 00:24:08,210
extra that that you get 
essentially. 

470
00:24:08,220 --> 00:24:09,990
You don't have to buy the game. 
I don't believe you could just 

471
00:24:10,000 --> 00:24:12,780
download it on standalone thing,
but the skins will still be 

472
00:24:12,790 --> 00:24:15,050
available. 
I think Modern Warfare, Cold War

473
00:24:15,260 --> 00:24:17,770
and Vanguard, they still have 
all their multiplayer servers 

474
00:24:17,820 --> 00:24:21,700
online. 
Warzone became so big of a free 

475
00:24:21,710 --> 00:24:23,710
thing it had to disconnect from 
the game. 

476
00:24:23,820 --> 00:24:26,070
It was phenomenal. 
Like I think at one point it 

477
00:24:26,080 --> 00:24:28,750
like the the the player base 
that it had was infinitesimal. 

478
00:24:28,760 --> 00:24:30,450
It was massive. 
It did so much for the college. 

479
00:24:30,530 --> 00:24:34,250
The franchise, it had to become 
its own thing and and that's 

480
00:24:34,260 --> 00:24:36,630
good. 
And Warzone 2.0 is just as good,

481
00:24:36,640 --> 00:24:39,050
but can you continue to run a 
redundant product? 

482
00:24:39,700 --> 00:24:42,210
No, not really. 
The the skins were there and you

483
00:24:42,220 --> 00:24:43,870
purchased them. 
Yes, you are going to lose them.

484
00:24:43,880 --> 00:24:46,770
You can't carry them over, but. 
OK, such is life. 

485
00:24:46,780 --> 00:24:48,990
You know you it's a a new game's
going to come along. 

486
00:24:49,000 --> 00:24:51,650
I get people will be upset that 
they can't carry the skins 

487
00:24:51,660 --> 00:24:55,490
across and I also understand 
this is gonna be a very loud 

488
00:24:55,500 --> 00:24:58,350
noise for people to say it. 
Now is the time of NFT so this 

489
00:24:58,360 --> 00:24:59,460
is what they do. 
But. 

490
00:25:00,310 --> 00:25:02,720
Look, if it's not compatible or 
it's a different developer, it's

491
00:25:02,730 --> 00:25:04,480
tough shit and it what what can 
you do about it? 

492
00:25:05,600 --> 00:25:08,320
I think it's an advert for 
interoperability rather than 

493
00:25:08,330 --> 00:25:10,850
NFT's like NFT's don't solve 
this issue. 

494
00:25:10,860 --> 00:25:12,890
Interoperability solves this 
issue. 

495
00:25:12,940 --> 00:25:15,450
Like even if you own the NFT's 
and you own the skins, you're 

496
00:25:15,460 --> 00:25:18,280
ultimately still short the 
option to the developer as to 

497
00:25:18,290 --> 00:25:20,870
whether they want them to be 
interoperable or not. 

498
00:25:20,930 --> 00:25:24,210
But I think with the NFT's at 
least you have an idea if 

499
00:25:24,220 --> 00:25:26,250
they're going to be 
interoperable before you buy 

500
00:25:26,260 --> 00:25:28,350
them. 
So maybe there's there is an 

501
00:25:28,360 --> 00:25:31,290
argument that like it's a bigger
part of the ethos and you know 

502
00:25:31,360 --> 00:25:34,690
you have put more perfect 
information going into the the 

503
00:25:34,700 --> 00:25:37,870
thing. 
It's not great if you're the 

504
00:25:37,880 --> 00:25:40,170
video game developer. 
Obviously you want the zero 

505
00:25:40,180 --> 00:25:42,210
everybody's skins because then 
they buy more skins. 

506
00:25:42,280 --> 00:25:46,890
So there's definitely like a a 
power imbalance and the like. 

507
00:25:47,950 --> 00:25:50,910
It's not 33, let's put it that 
way, It's 03. 

508
00:25:50,950 --> 00:25:55,050
Exact This is the exact scenario
that caused Ethereum to be 

509
00:25:55,060 --> 00:25:56,740
developed. 
Do you know this story? 

510
00:25:57,170 --> 00:26:00,300
Vitalic got Rugged on Warcraft. 
Was it? 

511
00:26:00,310 --> 00:26:03,040
Is this truthful? 
He's gone back and forth on 

512
00:26:03,050 --> 00:26:04,890
whether this was true, but he 
said that. 

513
00:26:06,960 --> 00:26:09,530
Ask him. 
And that and that. 

514
00:26:09,580 --> 00:26:12,940
He got so pissed about that, 
that he wanted to create a like 

515
00:26:12,950 --> 00:26:15,950
a decentralised ownership model.
And that's that Led him into 

516
00:26:15,960 --> 00:26:17,910
blockchain, led him to Bitcoin, 
led him into Eve. 

517
00:26:18,240 --> 00:26:21,790
So I mean. 
This is the Call of Duty 

518
00:26:21,800 --> 00:26:24,260
situation. 
We get another the talent coming

519
00:26:24,270 --> 00:26:27,670
through and changing the world. 
Let's go. 

520
00:26:27,740 --> 00:26:31,310
I mean, we're gonna get it. 
Is it to be fair has done me 

521
00:26:31,320 --> 00:26:35,240
over on multiple times so I can 
somewhat kind of excited them on

522
00:26:35,250 --> 00:26:38,030
that but it you know whether or 
not NFT's do fix this. 

523
00:26:38,040 --> 00:26:41,360
You look at CES 2. 
Counter-strike is by far one of 

524
00:26:41,370 --> 00:26:43,610
the biggest games in the world 
if not the biggest game in the 

525
00:26:43,620 --> 00:26:49,110
world right It's it's huge and 
their skin ecosystem is by far 

526
00:26:49,200 --> 00:26:51,730
probably the the most robust on 
the market. 

527
00:26:52,100 --> 00:26:56,490
Skin gambling, skin trading, 
skin selling the skins can go. 

528
00:26:56,550 --> 00:26:58,890
We've seen a more recently again
that's when they start becoming 

529
00:26:58,900 --> 00:27:01,110
in the NFT crowd. 
Oh, they're over $100,000. 

530
00:27:01,120 --> 00:27:03,750
What Digital collectibles. 
They're transferable to the next

531
00:27:03,760 --> 00:27:05,310
game. 
Now, Valve obviously owns the 

532
00:27:05,320 --> 00:27:07,330
engine, runs the game, so it's 
it's a piece of piss for them to

533
00:27:07,340 --> 00:27:09,510
move it across. 
But they're not using NFT 

534
00:27:09,520 --> 00:27:12,980
technology, so the technology 
doesn't It doesn't necessarily 

535
00:27:12,990 --> 00:27:14,970
save it, so to speak. 
If they can move it to the next 

536
00:27:14,980 --> 00:27:16,630
game, so can anybody else with 
enough money. 

537
00:27:18,140 --> 00:27:21,240
The other thing, the other thing
I think is one last thing about 

538
00:27:21,250 --> 00:27:24,520
like, yeah, distributed 
ownership is that I think with 

539
00:27:24,530 --> 00:27:30,570
Web 3 and NFT's and. 
An EF I guess Like players could

540
00:27:30,580 --> 00:27:34,190
own the game and the servers and
choose whether or not to switch 

541
00:27:34,200 --> 00:27:37,250
it off, which I think is 
appealing to like hardcore 

542
00:27:37,260 --> 00:27:41,680
players like of Call of Duty 2 
on Wii who still fucking. 

543
00:27:41,690 --> 00:27:44,310
There's like 30 guys who play 
that and maybe they would want 

544
00:27:44,320 --> 00:27:46,210
to keep playing it rather than 
like. 

545
00:27:47,200 --> 00:27:52,190
Yes, that is one of the 30 guys 
people play Call of Duty on the 

546
00:27:52,200 --> 00:27:54,630
Wii. 
It was just too. 

547
00:27:54,640 --> 00:27:59,160
Specific a reference. 
I love that. 

548
00:28:00,220 --> 00:28:03,160
I I think Sam's gone. 
No, no. 

549
00:28:03,170 --> 00:28:06,680
So like if you could own the 
game and then you can decide 

550
00:28:06,690 --> 00:28:08,950
what to do with the servers and 
you can decide what to switch it

551
00:28:08,960 --> 00:28:10,950
off. 
And I think that's way more 

552
00:28:10,960 --> 00:28:14,760
interesting than, you know, just
getting told what to do by some 

553
00:28:14,810 --> 00:28:19,540
some dude. 
At Modern Warfare 5, seven or 10

554
00:28:19,550 --> 00:28:21,960
or whatever, I don't care if 
it's gonna be worth it or not. 

555
00:28:21,970 --> 00:28:23,580
I think owning the assets 
important. 

556
00:28:23,630 --> 00:28:25,780
Like one thing I like about 
Fortnite is like the season 

557
00:28:25,790 --> 00:28:28,690
moves on, maps changes if they 
make changes. 

558
00:28:28,700 --> 00:28:32,720
I still have all my my, my, my 
inventory, like I don't lose my 

559
00:28:32,770 --> 00:28:36,220
my games and whatnot. 
But I'm bothered right now that 

560
00:28:36,230 --> 00:28:40,100
my brother had the season 2 John
Wick outfit and an account that 

561
00:28:40,110 --> 00:28:42,060
we don't have. 
And when I made a new account, I

562
00:28:42,070 --> 00:28:45,220
don't have the season 2 OG John 
Wick Fortnite asset. 

563
00:28:45,450 --> 00:28:48,350
Like genuinely I'm like, fuck, 
Because to me that's like OG, 

564
00:28:48,360 --> 00:28:50,290
like Fortnite becoming what it 
is today. 

565
00:28:50,300 --> 00:28:53,840
You could argue that season one 
skins are worth something you 

566
00:28:53,850 --> 00:28:56,650
could argue but I'm not so and 
people were signed to account so

567
00:28:56,660 --> 00:28:58,810
that that John Wick one John 
Wicks legend right. 

568
00:28:58,850 --> 00:29:01,480
So I don't know it's just things
like that so I I find it super 

569
00:29:01,490 --> 00:29:04,860
interesting but it's good that 
we got Sims on the show here to 

570
00:29:04,930 --> 00:29:06,460
give us his two cents. 
Just Sims. 

571
00:29:06,550 --> 00:29:07,820
We're gonna need subtitles 
right. 

572
00:29:07,830 --> 00:29:10,440
Because the northern. 
I think that the I think people 

573
00:29:10,450 --> 00:29:13,940
just got used to mando cows and 
and OV but you know we got Sims 

574
00:29:13,950 --> 00:29:19,190
on so we got the heavier Brits 
on the show today Guys I I'm 

575
00:29:19,200 --> 00:29:22,050
about to I'm about to become a 
whole fish and chip myself you 

576
00:29:22,060 --> 00:29:26,110
know so it's actually can't wait
Oh my God it would be fun but 

577
00:29:26,120 --> 00:29:28,470
yeah I think I think I think 
that kind of like closed it for 

578
00:29:28,480 --> 00:29:30,550
this but I was reading some of 
the articles it seems like 

579
00:29:30,600 --> 00:29:32,850
people are happy about the move 
like the actual gamers cause 

580
00:29:32,860 --> 00:29:35,390
wars on the map Caldera 
apparently was like not good and

581
00:29:35,400 --> 00:29:37,470
blah blah blah. 
And like you have Modern Warfare

582
00:29:37,480 --> 00:29:39,970
and everything but look it's 
just another example that you 

583
00:29:39,980 --> 00:29:43,920
could not potentially not use 
those assets if there was some 

584
00:29:43,930 --> 00:29:45,650
technology. 
It's not that it has to have a 

585
00:29:45,660 --> 00:29:48,980
Ponzi or tokenomics attached to 
it just like anyways I wish I 

586
00:29:48,990 --> 00:29:50,750
was there that week. 
They guys talk gaming with the 

587
00:29:50,760 --> 00:29:53,290
whole guy that was angry and 
like the near protocol thing it 

588
00:29:53,300 --> 00:29:55,850
is that was that was probably a 
really funny topic anyways. 

589
00:29:55,940 --> 00:29:58,800
Alright well let's go into let's
go into topic #3. 

590
00:29:58,810 --> 00:30:01,300
Thank you very much Mr Simms. 
OK The Sims. 

591
00:30:01,310 --> 00:30:03,920
Make sure you follow Sims 
because you know he knows his 

592
00:30:03,930 --> 00:30:06,640
gaming that's that's our guy at 
rug radio when it comes to 

593
00:30:06,650 --> 00:30:08,570
gaming that knows everything in 
and out. 

594
00:30:08,630 --> 00:30:12,440
OK, he was like the US of the 
ESL in the Halo days. 

595
00:30:12,530 --> 00:30:15,400
OK the guy gets stopped in the 
street still about that so I'm 

596
00:30:15,410 --> 00:30:18,900
sure he follows says you're from
more gaming tag stag stamps and 

597
00:30:18,910 --> 00:30:22,160
so next topic here. 
Yesterday, Mando, you brought 

598
00:30:22,170 --> 00:30:25,480
the topic of our NFT's or like 
most of the NFT's being down 

599
00:30:25,590 --> 00:30:27,690
95%. 
But look, it looks like this 

600
00:30:27,700 --> 00:30:31,410
extends beyond the NFT's right 
and to the, you know, to to 

601
00:30:31,420 --> 00:30:32,650
collectibles and general 
diamonds. 

602
00:30:32,660 --> 00:30:35,550
Down 40, Rolex is down 15, wind 
down 9%. 

603
00:30:35,560 --> 00:30:37,130
So what's happening? 
What? 

604
00:30:37,140 --> 00:30:38,150
What? 
What? 

605
00:30:39,240 --> 00:30:41,100
What's? 
What's going on in the world? 

606
00:30:42,000 --> 00:30:44,810
I mean, over the course of the 
last five years, all these 

607
00:30:44,820 --> 00:30:48,870
assets are up a lot. 
But this has been a really tough

608
00:30:48,880 --> 00:30:50,150
year. 
This has been a really tough 

609
00:30:50,160 --> 00:30:51,360
year. 
Like if you're in the 

610
00:30:51,370 --> 00:30:54,560
collectible business, it kind of
peaked first quarter 2022, so 

611
00:30:54,570 --> 00:30:58,080
exactly when NFT basically 
peaked and then it's been kind 

612
00:30:58,090 --> 00:31:00,650
of down only since. 
So you've seen the rock down 

613
00:31:00,660 --> 00:31:03,230
between 15 to 20%. 
You see the diamond market down 

614
00:31:03,240 --> 00:31:05,400
about 40%. 
There is some, there's something

615
00:31:05,410 --> 00:31:07,800
about supply there on diamonds. 
So it's a bit more attenuated. 

616
00:31:07,810 --> 00:31:13,320
Wine and spirits are down about 
9% over that period. 

617
00:31:13,410 --> 00:31:16,220
Classic cars are down about 9 to
10%. 

618
00:31:16,230 --> 00:31:19,160
The only real one that's OK is 
WW Investing, if you're involved

619
00:31:19,170 --> 00:31:22,230
in that. 
It's been a very it's been a 

620
00:31:22,240 --> 00:31:25,710
very there's a there's a who 
does the report, there's a very 

621
00:31:25,720 --> 00:31:28,150
famous report which is done in 
the UK which like. 

622
00:31:28,410 --> 00:31:33,730
Looks over all that. 
No, it's done by. 

623
00:31:34,810 --> 00:31:38,990
It's like Coots or something 
like that, but it's Saviles. 

624
00:31:39,000 --> 00:31:41,230
I think Savills do it all night.
Frank Knight, Frank Do it, 

625
00:31:41,320 --> 00:31:43,000
Knight, Frank the Knight Frank. 
Luxury Report. 

626
00:31:43,010 --> 00:31:44,290
They do a really good report on 
it all. 

627
00:31:44,680 --> 00:31:48,290
But it's just been a really bad 
period for collectibles. 

628
00:31:48,300 --> 00:31:51,950
Some money's come out of the 
system after a very, very frothy

629
00:31:51,960 --> 00:31:55,910
period. 
So you can get good deals kind 

630
00:31:55,920 --> 00:31:58,410
of across the board for some of 
these, for some of these assets 

631
00:31:58,420 --> 00:32:01,450
at the moment. 
And that's kind of the same with

632
00:32:01,460 --> 00:32:03,470
NFT's. 
Not just been announced, these 

633
00:32:03,480 --> 00:32:05,950
obviously entities had the most 
parabolic run up of those 

634
00:32:05,960 --> 00:32:10,990
collectibles and then they came 
down the hardest, but the the. 

635
00:32:12,210 --> 00:32:14,260
Collectables just across the 
border down. 

636
00:32:14,310 --> 00:32:18,140
So if you're looking to invest 
and I think they're now OK, I 

637
00:32:18,150 --> 00:32:20,530
like collectibles investment 
medium for long term like 

638
00:32:20,540 --> 00:32:24,360
they're just good investments in
my opinion, but they had a 

639
00:32:24,370 --> 00:32:27,930
really crazy run up, so it seems
like. 

640
00:32:29,190 --> 00:32:31,570
People would have wrecked at the
top and not wrecked, but they're

641
00:32:31,580 --> 00:32:33,420
down. 
Yeah. 

642
00:32:33,540 --> 00:32:35,800
And these things will have 
value. 

643
00:32:35,850 --> 00:32:38,410
I mean, we know these things a 
lot of value over the next 50 

644
00:32:38,920 --> 00:32:42,130
years, so. 
In a world of high inflation as 

645
00:32:42,140 --> 00:32:44,490
well, like, these are the sort 
of things you want to own. 

646
00:32:45,270 --> 00:32:49,420
So this is like, is this just 
everything is like rates 

647
00:32:49,430 --> 00:32:52,520
correlation here or like why are
these actually falling do you 

648
00:32:52,530 --> 00:32:54,330
think? 
People dipping into their 

649
00:32:54,340 --> 00:32:57,580
savings like the the, the, the 
dent on US savings actually 

650
00:32:57,590 --> 00:33:01,000
across the world and the savings
is the highest it's been since 

651
00:33:01,230 --> 00:33:04,280
07/08. 
It's insane like everyone saved 

652
00:33:04,290 --> 00:33:06,260
up and I don't know if everyone 
felt like this. 

653
00:33:06,270 --> 00:33:09,320
Everyone saved a lot of money 
during COVID, like everyone's 

654
00:33:09,330 --> 00:33:11,380
savings went crazy. 
Not only was the government 

655
00:33:11,390 --> 00:33:13,860
giving you money but generally 
people were saving a lot of 

656
00:33:13,870 --> 00:33:15,870
money. 
So savings kind of peaked after 

657
00:33:15,880 --> 00:33:17,660
COVID. 
We spent a lot of money went 

658
00:33:17,670 --> 00:33:21,990
into this sort of like. 
You have collective assets and 

659
00:33:22,000 --> 00:33:24,310
then since then savings have 
gone down massively. 

660
00:33:24,380 --> 00:33:27,130
It's been the biggest dent 
saving and now we're kind of at 

661
00:33:27,140 --> 00:33:28,240
that point, which is what I just
said. 

662
00:33:28,250 --> 00:33:30,600
This is why credit card debt is 
going up, is that you get into 

663
00:33:30,610 --> 00:33:32,000
the stage where people actually 
can't. 

664
00:33:32,010 --> 00:33:34,330
They've dented, they're saving 
so much, they're having to now 

665
00:33:34,340 --> 00:33:36,890
borrow against it and that's why
people are getting more scared 

666
00:33:36,900 --> 00:33:40,890
about the economy in general. 
So I think. 

667
00:33:40,900 --> 00:33:43,890
We're selling these assets to 
raise cash, basically because 

668
00:33:43,900 --> 00:33:45,550
cryptos down. 
Their Rolexes are down though, 

669
00:33:45,560 --> 00:33:50,610
let's be honest. 
The incremental bias crypto is 

670
00:33:50,660 --> 00:33:52,430
it's very. 
Linked to this sort of stuff as 

671
00:33:52,440 --> 00:33:54,630
well, right? 
No crypto to literally Like when

672
00:33:54,740 --> 00:33:57,550
we went to $800 there was a 
direct correlation on the 

673
00:33:57,560 --> 00:34:01,430
massive price of Rolex 
specifically going down and I 

674
00:34:01,440 --> 00:34:03,680
remember reading about that when
so and so. 

675
00:34:03,690 --> 00:34:06,830
This website was just sharing 
something Cali was showing me 

676
00:34:06,840 --> 00:34:09,790
before subdial.com which gives 
you a permits to Bloomberg 

677
00:34:09,800 --> 00:34:13,530
subdial Watch index which says 
down 14.7% of the last 3-4 

678
00:34:13,540 --> 00:34:16,300
months. 
It's a really good one you know 

679
00:34:16,310 --> 00:34:17,830
buy when others are fearful 
right? 

680
00:34:17,960 --> 00:34:21,179
I cannot believe we're spending 
10 Rolexes on NFTS in the last 

681
00:34:21,190 --> 00:34:22,580
bull market. 
I think gonna go throw up while 

682
00:34:22,590 --> 00:34:26,219
you guys talk in the next thing.
I swear to God, I paid $142,000 

683
00:34:26,230 --> 00:34:28,429
for World Woman once like this 
is crazy. 

684
00:34:28,440 --> 00:34:30,570
I could have bought. 
I could have bought Platinum 

685
00:34:30,580 --> 00:34:33,540
Daytona could have bought. 
What else? 

686
00:34:33,550 --> 00:34:37,250
I mean the price of shut up, 
Kelly. 

687
00:34:37,420 --> 00:34:40,010
And I'm just, I'm in that 
example by Moonbird. 

688
00:34:40,020 --> 00:34:42,020
Same thing. 
Like it's like you're looking at

689
00:34:42,030 --> 00:34:44,080
that cause you were talking 
about these prices are gonna go 

690
00:34:44,090 --> 00:34:45,670
up. 
Like while a lot of these NFT 

691
00:34:45,679 --> 00:34:48,469
projects are not gonna come 
back, there are some hard assets

692
00:34:48,480 --> 00:34:52,050
that you know always come back. 
You know Rolex is no longer 

693
00:34:52,060 --> 00:34:54,469
producing the Hulk. 
The Hulk is the iconic green 

694
00:34:54,480 --> 00:35:00,430
dial, green bezel Rolex. 
They they they're not making, 

695
00:35:00,440 --> 00:35:02,720
they're not going to come like 
an NFT founder saying, oh, we're

696
00:35:02,730 --> 00:35:06,030
really seeing it again. 
That's what FMF right Rolex will

697
00:35:06,040 --> 00:35:07,380
never do. 
Because the thing of trust when 

698
00:35:07,390 --> 00:35:09,920
I was talking about this Kelly, 
right before coming on in the 

699
00:35:09,930 --> 00:35:12,770
back and in the studio it's like
Patek like you know not of this 

700
00:35:12,780 --> 00:35:16,050
you know an aquanaut certain 
certain like 5712 are that 

701
00:35:16,060 --> 00:35:19,480
things always gonna be worth 100
something it could be worth 101 

702
00:35:19,490 --> 00:35:23,200
day maybe 180 in the bull market
but it's going to come back 

703
00:35:23,250 --> 00:35:27,200
most, most like unless you get a
mega ultra recession type event 

704
00:35:27,210 --> 00:35:28,730
right. 
But it's probably these assets 

705
00:35:28,740 --> 00:35:30,720
recovered before NFT. 
So I think we'll be looking at 

706
00:35:30,730 --> 00:35:32,820
those assets recovering before 
even NFT's. 

707
00:35:32,830 --> 00:35:36,640
Now you bring this up because. 
I was showing Kelly expensive 

708
00:35:36,650 --> 00:35:39,180
wine yesterday from a broker. 
He he he back. 

709
00:35:39,190 --> 00:35:43,450
Baby 10%, hang on, hang on. 
Send it to me. 

710
00:35:43,680 --> 00:35:45,470
We'll send it to Charlie. 
Send it to me. 

711
00:35:45,480 --> 00:35:48,140
Send it to me through with me is
I'm gonna do. 

712
00:35:49,160 --> 00:35:54,480
You want some DRC? 
Yo, give me that. 

713
00:35:54,570 --> 00:35:56,640
I'm going to drink it. 
And I've always wanted to try 

714
00:35:56,650 --> 00:35:57,590
DRC. 
I've never tried. 

715
00:35:57,600 --> 00:35:59,580
I think I was saying, actually I
was saying Danny last night. 

716
00:36:01,130 --> 00:36:04,030
Let's see, 2006. 
I think it would cry. 

717
00:36:04,980 --> 00:36:06,950
Think would cry while I'm 
drinking it like I have tears 

718
00:36:06,960 --> 00:36:08,810
coming out of my face. 
Like the first time I saw 

719
00:36:08,820 --> 00:36:11,740
Rebellion concert start crying 
when he like walked on stage. 

720
00:36:11,750 --> 00:36:14,550
I don't even know why. 
Like he just didn't sing like he

721
00:36:14,560 --> 00:36:15,550
walked. 
I cried. 

722
00:36:15,760 --> 00:36:17,350
Like I said, I saw Jesus 
walking. 

723
00:36:17,360 --> 00:36:19,390
Water, Thomas. 
Like insane. 

724
00:36:19,400 --> 00:36:20,330
Champagne. 
Burgundy. 

725
00:36:20,340 --> 00:36:23,430
It's all down 25%. 
Some of it's down a lot. 

726
00:36:24,660 --> 00:36:27,630
You. 
Well, you're no longer part of 

727
00:36:27,640 --> 00:36:30,340
this conversation. 
One No, they're sending it to 

728
00:36:30,350 --> 00:36:33,420
me. 
Send me the deal flow. 25% but 

729
00:36:33,430 --> 00:36:35,540
Carly just didn't wanna Didn't 
want another. 

730
00:36:35,970 --> 00:36:39,060
I want it in scope. 
All of cows is our own. 

731
00:36:42,440 --> 00:36:44,190
I love the disclaimer. 
What's up, Kelly? 

732
00:36:44,200 --> 00:36:45,610
Tell me. 
Tell me how you feeling? 

733
00:36:45,620 --> 00:36:47,330
I wanted a scout. 
I wanted to. 

734
00:36:47,340 --> 00:36:51,630
I wanted a 30% distressed sale 
that I could then flip for 

735
00:36:51,640 --> 00:36:54,930
serious profit. 
Mando shows me this DRC Magnum 

736
00:36:54,940 --> 00:37:00,370
case down 2%, I mean 2%. 
Not even the breaking. 

737
00:37:01,930 --> 00:37:04,930
Percent on the to buy it. 
I I I showed the wrong level. 

738
00:37:05,240 --> 00:37:07,820
Who knows if he comes back and 
hits me, but I showed the guy 

739
00:37:07,830 --> 00:37:08,970
level. 
Ohh you. 

740
00:37:09,080 --> 00:37:12,650
I will. 
I'll hit you. 

741
00:37:12,660 --> 00:37:16,660
I will hit anything you, I'll 
hit you. 

742
00:37:17,900 --> 00:37:20,050
No, I'm alright. 
You hear me? 

743
00:37:20,370 --> 00:37:22,060
Coming in now, Internet's coming
out. 

744
00:37:24,130 --> 00:37:29,350
Be right back. 
I think, I think one last thing 

745
00:37:29,360 --> 00:37:32,050
on the Rolex is and the 
collectables market, I think the

746
00:37:32,060 --> 00:37:35,810
great thing about them is that 
people actually want them like 

747
00:37:35,820 --> 00:37:37,990
they're not 100% speculative 
assets. 

748
00:37:38,000 --> 00:37:41,100
There's like a base level of 
value where like. 

749
00:37:41,990 --> 00:37:45,280
You know, people always look at 
a classic car like whatever it 

750
00:37:45,290 --> 00:37:48,640
is, like a yeah, of course, 
classic Corvette. 

751
00:37:48,650 --> 00:37:51,920
People think, yeah, that's cool.
And so there's a base floor 

752
00:37:51,930 --> 00:37:55,070
price level there, which is 
comforting. 

753
00:37:56,280 --> 00:37:58,730
OK. 
Not a monkey JPEG. 

754
00:37:58,740 --> 00:38:00,670
I think that's similar to punks 
actually, right? 

755
00:38:00,680 --> 00:38:03,330
Like people, punks is the best 
example. 

756
00:38:03,420 --> 00:38:06,850
I want to hear this. 
Kylie's a punk maxi. 

757
00:38:06,860 --> 00:38:10,570
He doesn't know more, but he's 
an absolute, basically. 

758
00:38:10,720 --> 00:38:13,630
Yeah, this has a brain in 
between that thing. 

759
00:38:13,640 --> 00:38:17,130
Yeah, I've got the Braintree. 
Anyone. 

760
00:38:17,140 --> 00:38:19,290
Anyone wants to buy some DLC? 
Hit me up. 

761
00:38:19,360 --> 00:38:22,870
I've got the guy. 
Honestly, I'm gonna talk to you 

762
00:38:22,880 --> 00:38:24,680
about this because we were 
talking about 1:00 last night. 

763
00:38:24,690 --> 00:38:28,320
We were putting wonderful Teen 
Anello 2019, actually, two of 

764
00:38:28,330 --> 00:38:31,790
them. 
My favourite super Tuscan and. 

765
00:38:31,860 --> 00:38:36,310
And it's, you know, I think. 
Italian wine is not that much I 

766
00:38:36,320 --> 00:38:38,800
had a cool with because I 
invested 1, so there's a cool 

767
00:38:38,810 --> 00:38:41,410
with the guy and the guy sounded
so shaken up. 

768
00:38:41,510 --> 00:38:43,510
I was like, hold on, you sound 
so scared. 

769
00:38:43,520 --> 00:38:44,950
I should be putting more money 
in. 

770
00:38:45,250 --> 00:38:51,250
And then and then he proceeded 
just showed me like 2% down 2%. 

771
00:38:52,620 --> 00:38:55,770
Yeah, I was like, you didn't 
really sound like that when we 

772
00:38:55,780 --> 00:39:00,870
spoke, so, but yeah. 
I used to try exotic derivatives

773
00:39:00,880 --> 00:39:03,650
like call me back when they're 
down 80% and then you should be 

774
00:39:03,660 --> 00:39:05,550
scared, like that's affecting 
your eyes. 

775
00:39:05,560 --> 00:39:10,870
Told him like not. 
Distress it's it's crazy. 

776
00:39:10,880 --> 00:39:13,770
I get when I look at these real 
life assets, like the true life 

777
00:39:13,780 --> 00:39:15,890
story, everything, like the 
trade art even. 

778
00:39:16,160 --> 00:39:18,970
And I look at how much money I 
spent on the randomness, like 

779
00:39:18,980 --> 00:39:22,930
picture of an animal online. 
I'm like I could own so much 

780
00:39:22,940 --> 00:39:25,010
sick trader. 
I probably had a Picasso. 

781
00:39:25,980 --> 00:39:28,310
Ohh like yeah, I don't like what
the cheaper ones right? 

782
00:39:28,360 --> 00:39:30,570
Or like. 
Another lot of people you can 

783
00:39:30,580 --> 00:39:33,890
get them for. 
Yeah, ohh, I went to, I went. 

784
00:39:35,950 --> 00:39:37,570
ERC for 65 grand. 
What? 

785
00:39:37,580 --> 00:39:40,210
What was that during the bull 
market That was like wait half 

786
00:39:40,220 --> 00:39:44,690
of five for like, well, hold on 
£65 for a bottle or for the 

787
00:39:44,700 --> 00:39:51,320
whole set 3 magnums. 
That sounds cheap because you 

788
00:39:51,330 --> 00:39:53,650
know how much they sell DRC at 
restaurants for And then it's 

789
00:39:53,660 --> 00:39:56,750
the restaurant markup. 
Yeah, but but Joe Salad to the 

790
00:39:56,760 --> 00:39:59,030
restaurants we. 
Could start a restaurant and 

791
00:39:59,040 --> 00:40:01,910
then sell the three Magnums and 
then close the restaurant down. 

792
00:40:01,980 --> 00:40:04,820
That's all about. 
The arts is like a regular 

793
00:40:04,830 --> 00:40:08,210
bottle goes for like 12 to 17 K 
minimum at a restaurant, and 

794
00:40:08,220 --> 00:40:11,100
that's you're talking 20. 16 I 
know, I know, I know there's 

795
00:40:11,110 --> 00:40:13,380
money to be. 
Made be made No. 

796
00:40:13,570 --> 00:40:14,700
OK, Why don't we? 
Why don't? 

797
00:40:14,710 --> 00:40:17,840
We talking to be involved in. 
Why don't we start a little 

798
00:40:17,850 --> 00:40:19,460
watching? 
Well. 

799
00:40:21,230 --> 00:40:23,410
At least. 
Right now, we're having a 

800
00:40:23,420 --> 00:40:25,690
meeting. 
Even when you are you. 

801
00:40:26,520 --> 00:40:28,030
If you have a restaurant, 
there's tax. 

802
00:40:28,760 --> 00:40:31,030
If you said that restaurant, ohh
yeah, I'm I'm. 

803
00:40:31,040 --> 00:40:33,350
Saying it's the only exit here. 
We know this. 

804
00:40:33,740 --> 00:40:34,990
It's fine. 
We're gonna start a restaurant 

805
00:40:35,000 --> 00:40:37,010
when we're rich and like we were
right down to lose money on 

806
00:40:37,020 --> 00:40:38,350
something. 
Like there's gonna be a time in 

807
00:40:38,360 --> 00:40:40,490
my life where I'm gonna own a 
restaurant because I'm old. 

808
00:40:40,500 --> 00:40:43,740
I wanna have everyone gathered 
around me and stuff like I'm 

809
00:40:43,750 --> 00:40:45,500
gonna own a restaurant once in 
my life. 

810
00:40:45,540 --> 00:40:48,990
For sure. 
That's peak mental health 

811
00:40:49,340 --> 00:40:51,240
finesse. 
And if you don't like it, I'm 

812
00:40:51,250 --> 00:40:55,510
sorry, turn this off of Italy 
and I'm gonna exactly, I'm gonna

813
00:40:55,520 --> 00:40:58,610
die on that land and my kids 
will put their ashes out there 

814
00:40:58,620 --> 00:41:01,050
and and that's. 
It, you know that's in the, you 

815
00:41:01,060 --> 00:41:07,610
know the. 
Don't laugh anyways so alright 

816
00:41:07,620 --> 00:41:10,330
sorry sorry that's enough with 
with with with assets. 

817
00:41:10,340 --> 00:41:14,010
But look I I think it is a good 
time for for for for to get 

818
00:41:14,020 --> 00:41:19,120
newest speed things up. 
So base is a base talking gonna 

819
00:41:19,130 --> 00:41:20,380
come. 
Obviously a lot of says 

820
00:41:20,390 --> 00:41:23,190
speculation here right when 
there's when there's a new chain

821
00:41:23,200 --> 00:41:25,100
that pops up, you know what 
comes next. 

822
00:41:25,110 --> 00:41:27,540
You saw people like at the 
Arbitrium, AirDrop, blah, blah, 

823
00:41:27,550 --> 00:41:29,740
blah. 
You know, launching summer was 

824
00:41:29,750 --> 00:41:31,240
kind of successful on the 
Bayside. 

825
00:41:31,250 --> 00:41:34,170
For now though I saw Mando 
officially put an end to on 

826
00:41:34,180 --> 00:41:37,680
Chain Summer earlier today in a 
tweet or reply whatnot. 

827
00:41:37,910 --> 00:41:41,080
We do have Jesse Pollack, the 
CEO of BASE coming on next 

828
00:41:41,090 --> 00:41:42,510
Wednesday, so stay tuned for 
that. 

829
00:41:42,520 --> 00:41:46,080
That's gonna be a big episode. 
A big guess, but we have base 

830
00:41:46,350 --> 00:41:49,050
some rumours about the token 
stuff, so we'll base have a 

831
00:41:49,060 --> 00:41:52,090
token, not something we've ruled
out entirely, says Coin 

832
00:41:52,100 --> 00:41:54,850
business. 
Paul Grewal, Coinbase's Chief 

833
00:41:54,860 --> 00:41:58,810
Legal Officer and I talked to 
decrypts Andre Veganski shot 

834
00:41:58,820 --> 00:42:02,150
decrypt about recent unit swap 
court ruling tokenizing its base

835
00:42:02,160 --> 00:42:06,610
L2 and the companies own battle 
for clearer regulations in the 

836
00:42:06,620 --> 00:42:10,590
US So let me ask you boys Mando,
do you think that we will see a 

837
00:42:10,600 --> 00:42:17,710
base token in within a year? 
Within a year I'm going to do 

838
00:42:17,720 --> 00:42:20,040
like a Bloomberg thing. 
Within a year, I think like 

839
00:42:20,050 --> 00:42:25,040
6070% with like it's lifetime, 
one hundred 100%, like 100%, 

840
00:42:25,050 --> 00:42:28,170
there's no way literally. 
No way to do this. 

841
00:42:29,820 --> 00:42:31,630
I don't know. 
I think, I think I'd give it 

842
00:42:31,640 --> 00:42:34,890
like I give the 70% like a six 
month mark and I give it a year 

843
00:42:34,900 --> 00:42:38,050
99% just cause I think they're 
gonna cook by the, by by the 

844
00:42:38,060 --> 00:42:40,920
bowl and it's gonna be like 
Frontex base and everything at 

845
00:42:40,930 --> 00:42:43,570
the same time. 
Yeah. 

846
00:42:43,580 --> 00:42:49,370
Look, I think, I think being 
involved in in France tech, this

847
00:42:49,380 --> 00:42:51,550
is, I mean we can get into the 
next topic as well just like 

848
00:42:51,560 --> 00:42:55,250
what's happening at the moment. 
But it does feel as though there

849
00:42:55,260 --> 00:42:58,030
are some competitors on other 
change like this story came out 

850
00:42:58,040 --> 00:43:00,770
and I feel like, yeah, people 
are now just going to going to 

851
00:43:00,780 --> 00:43:04,430
be on front deck, aren't they? 
Like if there's some there's 

852
00:43:04,440 --> 00:43:08,250
like a double AirDrop coming now
then then I think people could 

853
00:43:08,260 --> 00:43:12,070
really because you're 
transacting on base single 

854
00:43:12,080 --> 00:43:15,200
frantic transaction that you 
make you're transacting on that 

855
00:43:15,210 --> 00:43:18,290
blockchain right. 
You could really go on base scan

856
00:43:18,560 --> 00:43:21,540
that I or whatever. 
You never have to connect your 

857
00:43:21,550 --> 00:43:24,710
wallets to these by the way. 
So just heads up but you you can

858
00:43:24,720 --> 00:43:28,570
see all the transactions buy and
sell of of someone like corn or 

859
00:43:28,620 --> 00:43:31,000
key or whatever. 
So we are transacting on there. 

860
00:43:31,010 --> 00:43:33,500
That's why one of the reasons 
I'm saying just move some money 

861
00:43:33,510 --> 00:43:35,560
into base just in case there's 
an AirDrop at some point because

862
00:43:35,570 --> 00:43:38,970
arbitrary end up giving people 
like $1200 a pop right. 

863
00:43:38,980 --> 00:43:40,850
If you use the you used it 
right. 

864
00:43:40,860 --> 00:43:42,910
And so that's something I regret
it because I know people that 

865
00:43:42,920 --> 00:43:46,950
just like farm the shit out of 
that nice little 304050 K check 

866
00:43:47,020 --> 00:43:50,610
and a bull market these airdrops
are worth a lot of money CSO 

867
00:43:50,620 --> 00:43:56,740
SCENSC where it wasn't there 
sorry it was looks so those 

868
00:43:56,750 --> 00:43:59,380
three that cooked very hard in 
the in bull markets so I think 

869
00:43:59,390 --> 00:44:01,780
it would be it would be pretty 
would be something that would 

870
00:44:01,790 --> 00:44:04,720
see on there. 
So look it hasn't been ruled out

871
00:44:04,730 --> 00:44:06,370
by Paul Grill. 
It seems like it's also a big 

872
00:44:06,380 --> 00:44:09,470
month for Coinbase. 
What's with the C potential 

873
00:44:09,920 --> 00:44:11,930
dismissal decision that could 
come in October? 

874
00:44:11,940 --> 00:44:13,670
Is that is that something 
that's. 

875
00:44:13,680 --> 00:44:15,540
Right. 
Yeah, yeah, yeah. 

876
00:44:15,550 --> 00:44:17,800
I put them. 
There's October could be a big 

877
00:44:17,810 --> 00:44:19,840
month in 10 days. 
Let's get the. 

878
00:44:22,080 --> 00:44:24,650
Yeah, but I think the ETF the. 
Yes. 

879
00:44:25,220 --> 00:44:27,840
Actually just needs to be 
rejected rather than accepted. 

880
00:44:27,940 --> 00:44:33,120
So you have the SEC either has 
to reject the ETH futures ETF or

881
00:44:33,130 --> 00:44:35,860
let it happen. 
They have the they either have 

882
00:44:35,870 --> 00:44:40,030
to reject the Bitcoin one or 
they have yeah, then you get the

883
00:44:40,040 --> 00:44:42,380
Coinbase potential dismissal 
like if Coinbase. 

884
00:44:43,490 --> 00:44:46,260
Gets it thrown in that case 
thrown out, like that's really 

885
00:44:46,270 --> 00:44:50,480
bullish for alts in my opinion. 
And so yeah, we'll see what 

886
00:44:50,490 --> 00:44:53,330
happens. 
I'm so bullish on Paul Grewal by

887
00:44:53,340 --> 00:44:56,360
the way, that's why I I how many
times I shot him out in the show

888
00:44:56,370 --> 00:44:58,020
so far. 
He's gotta come at this stage 

889
00:44:58,070 --> 00:45:00,370
but it says the chief legal 
officer. 

890
00:45:00,380 --> 00:45:03,180
I love his updates weekly on 
like the Coinbase legal case 

891
00:45:03,190 --> 00:45:06,060
kits, CSC, I love his threads. 
I love how he's like being super

892
00:45:06,070 --> 00:45:08,550
transparent pressing DC. 
I mean you follow him cause 

893
00:45:08,560 --> 00:45:10,620
that's that's someone I really 
appreciate also, what do you 

894
00:45:10,630 --> 00:45:11,780
think? 
Are we getting a base token 

895
00:45:11,790 --> 00:45:15,630
within your or what? 
100% like nobody that at the 

896
00:45:15,640 --> 00:45:18,450
initial announcement was like we
have no plans to issue a token 

897
00:45:18,460 --> 00:45:20,380
and then like whatever two 
months later it's like, ohh 

898
00:45:20,390 --> 00:45:22,670
yeah, it could be doing a token.
Nobody can. 

899
00:45:22,720 --> 00:45:28,540
Nobody can resist the. 
Value creation, so we say of of 

900
00:45:28,550 --> 00:45:32,490
a token which can be hundreds of
1,000,000 and the and the chain 

901
00:45:32,500 --> 00:45:35,820
activity that it that it 
incentivizes, right. 

902
00:45:35,870 --> 00:45:38,900
But I 100% agree with you on 
he's a great follow in the space

903
00:45:38,910 --> 00:45:42,000
and it's just nice seeing 
somebody dismantle the SEC in 

904
00:45:42,010 --> 00:45:44,940
real time with like clear 
thought out logic. 

905
00:45:45,550 --> 00:45:48,020
I've said this before, but I 
think that SC picked like, 

906
00:45:48,070 --> 00:45:52,720
literally the worst. 
Counterparty for like a fight 

907
00:45:52,730 --> 00:45:59,310
basically in in Coinbase like. 
The business model is probably 

908
00:45:59,360 --> 00:46:04,470
the most like rigorous and 
closest to what it what can be 

909
00:46:04,520 --> 00:46:07,910
considered kind of like 
regulatorily approved given 

910
00:46:07,920 --> 00:46:09,950
there's no rules out of any 
company. 

911
00:46:10,020 --> 00:46:12,970
They have a tonne of money. 
So they and a tonne of really 

912
00:46:12,980 --> 00:46:16,170
smart lawyers including ex 
regulators, like just a stupid 

913
00:46:16,180 --> 00:46:21,160
fight to pick. 
And yeah, I think I said it when

914
00:46:21,170 --> 00:46:25,010
the case got brought and I say 
no, I I think there's like very,

915
00:46:25,020 --> 00:46:27,890
very, very little chance of the.
See. 

916
00:46:27,900 --> 00:46:32,370
Winning this like like so small,
I definitely agree. 

917
00:46:32,380 --> 00:46:35,300
And then Speaking of base, 
Speaking of front tech, I mean 

918
00:46:35,310 --> 00:46:37,840
that was kind of going to become
the the last topic of the day. 

919
00:46:37,850 --> 00:46:41,150
It's Friday. 
It's Points Day is the reason 

920
00:46:41,160 --> 00:46:42,810
why we're still in Front Tech 
Day. 

921
00:46:44,420 --> 00:46:46,880
Are you guys in? 
Are you guys in chats that are 

922
00:46:46,890 --> 00:46:48,510
active? 
Like I'm trying to drum up 

923
00:46:48,520 --> 00:46:51,590
activity in those chat is acting
other people's chat. 

924
00:46:51,640 --> 00:46:54,990
Mando didn't let me in his chat.
This is extremely active on. 

925
00:46:55,360 --> 00:46:57,550
What you In my chat? 
There's one way to get into my 

926
00:46:57,560 --> 00:47:00,350
chat, like I have some second 
back door that you can get in 

927
00:47:00,980 --> 00:47:02,770
your mind that very personally 
too. 

928
00:47:02,780 --> 00:47:05,670
By the way. 
Kelly, I've seen him shame Ovie 

929
00:47:05,680 --> 00:47:08,110
to death and sometimes give him 
a death stare. 

930
00:47:08,160 --> 00:47:10,370
So you got. 
Owned and then sold. 

931
00:47:11,980 --> 00:47:16,030
This catalyst has good, good 
First of all it's Trump 

932
00:47:16,100 --> 00:47:19,590
investigation. 
But but anyway, so today is the 

933
00:47:19,600 --> 00:47:21,770
big points day. 
Listen, I'm so confused about 

934
00:47:21,780 --> 00:47:23,950
what happens with points. 
But if you go to YouTube on this

935
00:47:23,960 --> 00:47:27,200
very channel, Rec Radio's last 
episode was Captain Levi. 

936
00:47:27,320 --> 00:47:32,080
And he's like, he's the guy, 
he's him, He's Mr Frantic, 

937
00:47:32,090 --> 00:47:33,420
right? 
So I'm sure he broke it down. 

938
00:47:33,430 --> 00:47:35,920
But what what are we expecting 
here, Mandel? 

939
00:47:35,930 --> 00:47:36,720
Today? 
I saw this blur. 

940
00:47:36,730 --> 00:47:39,190
Farmer joined, of course, 
crushed it right away. 

941
00:47:39,880 --> 00:47:42,730
But what do we? 
Have off his own brought up his 

942
00:47:42,740 --> 00:47:46,500
own shares and then then sold 
the shares. 

943
00:47:47,170 --> 00:47:49,590
And then now it's like sitting 
there profit free. 

944
00:47:49,600 --> 00:47:51,760
I didn't really know who this 
guy was, but he was like the 

945
00:47:51,770 --> 00:47:55,550
biggest blur farmer. 
I was surprised at how many 

946
00:47:55,560 --> 00:47:58,430
people wanted to be in the same 
chat as bluff farmers, just 

947
00:47:58,440 --> 00:48:00,130
because I thought they all lost 
loads of money. 

948
00:48:00,140 --> 00:48:03,550
But it does feel as though that 
is the narrative taking over. 

949
00:48:03,620 --> 00:48:06,590
You wanna be inside their crew 
because they have tonnes of 

950
00:48:06,600 --> 00:48:08,250
liquidity that they're bringing 
on. 

951
00:48:08,500 --> 00:48:12,460
And he he bridged 505 Hundred 
Eve. 

952
00:48:13,240 --> 00:48:15,120
This is sort of thing like if 
you start talking about air 

953
00:48:15,130 --> 00:48:18,770
drops on base as well people 
people will just start putting. 

954
00:48:18,780 --> 00:48:21,390
He's going to be farming the 
share of us on fighting. 

955
00:48:21,400 --> 00:48:23,930
We're gonna be we're gonna 
become like you're gonna get 

956
00:48:23,940 --> 00:48:27,970
pumped and dumped by the Blur 
farmers on frantic like. 

957
00:48:28,760 --> 00:48:31,170
I mean, yesterday we were 
talking about the security 

958
00:48:31,180 --> 00:48:32,610
worries of it. 
Today we're saying like, just 

959
00:48:32,620 --> 00:48:34,110
fucking put as much in as 
possible. 

960
00:48:35,630 --> 00:48:39,210
Media now we're like don't. 
Don't just throw all your stack 

961
00:48:39,220 --> 00:48:45,210
into friend tech or even put it 
on the on on like everything in 

962
00:48:45,220 --> 00:48:46,750
crypto, right. 
I think at this stage our 

963
00:48:46,760 --> 00:48:48,850
audience that is still there, it
means you're all Djinns. 

964
00:48:48,860 --> 00:48:51,340
I understand this, but for the 
newcomers, like you know, this 

965
00:48:51,350 --> 00:48:54,250
is all stuff that you have to be
careful with and there's always 

966
00:48:54,260 --> 00:48:56,750
security risk and I feel like 
it's been a while, but. 

967
00:48:56,820 --> 00:49:00,350
In case of an investigation by 
any federal entity or similar, I

968
00:49:00,360 --> 00:49:02,910
do not have any involvement with
this group or with the people in

969
00:49:02,920 --> 00:49:04,790
it. 
I do not know how I'm here, 

970
00:49:04,880 --> 00:49:08,850
probably added by a third party.
I do not support the actions of 

971
00:49:08,860 --> 00:49:09,940
this group. 
I have it. 

972
00:49:09,950 --> 00:49:13,750
I have it on speed dial at all. 
Times all the time, yeah. 

973
00:49:16,350 --> 00:49:17,660
What is? 
Is this just going to make 

974
00:49:17,670 --> 00:49:20,520
friend tech like another 
pointless farming exercise like 

975
00:49:20,530 --> 00:49:22,640
if All the blood Hydrop? 
Farmers have come to Canada. 

976
00:49:22,650 --> 00:49:26,490
Yes. 
You know, like. 

977
00:49:27,530 --> 00:49:30,260
I don't know, it just I want 
somebody to come up with an 

978
00:49:30,270 --> 00:49:33,950
AirDrop mechanic that encourages
actual usage maybe and not just 

979
00:49:33,960 --> 00:49:37,550
like pointless farming. 
That would be valuable. 

980
00:49:37,560 --> 00:49:39,890
Maybe I should create an air 
drop incentive for somebody to 

981
00:49:39,900 --> 00:49:42,950
create that in air drop 
incentive, do it, send it to 

982
00:49:42,960 --> 00:49:44,480
racer. 
I hope that's not. 

983
00:49:44,490 --> 00:49:46,440
I was thinking about this today 
my doctor was asking then we can

984
00:49:46,450 --> 00:49:50,720
you know kind of go off with our
Fridays or weekends here but I 

985
00:49:50,730 --> 00:49:54,280
think I think so much about take
his tweet and he will know he 

986
00:49:54,290 --> 00:49:57,220
was acquitted guess as well as 
why I I followed him saying the 

987
00:49:57,230 --> 00:50:00,970
day you get bored on fintech and
he's not trying to hate he's 

988
00:50:00,980 --> 00:50:02,850
like they get bored. 
It's today a lot of people also 

989
00:50:02,860 --> 00:50:05,370
start getting bored friend of 
mine that they got bored right 

990
00:50:05,380 --> 00:50:08,520
away not a big audience so I 
could understand why he's like 

991
00:50:08,530 --> 00:50:11,120
doesn't see the thing. 
Look I'm trying to keep my 

992
00:50:11,230 --> 00:50:15,000
chatting entertained but I'm a 
project founder like I barely 

993
00:50:15,010 --> 00:50:17,980
have time to do 33 stuff, though
I try barely have time to talk 

994
00:50:17,990 --> 00:50:20,060
to them because I have a 
seventeen person team to talk to

995
00:50:20,070 --> 00:50:21,500
plus organisers show with you 
guys. 

996
00:50:21,570 --> 00:50:23,680
I was doing so much stuff. 
Plus at some point I I kind of 

997
00:50:23,690 --> 00:50:27,340
wanna have my own life and on 
top of that I have to keep up 

998
00:50:27,350 --> 00:50:29,100
with making them happy. 
People have to make holders 

999
00:50:29,110 --> 00:50:31,060
happy. 
And I have to run a company and 

1000
00:50:31,070 --> 00:50:34,820
have to make my family like 
people around me. 

1001
00:50:34,830 --> 00:50:37,560
I was like, that's what point is
it like, do you, do you wanna 

1002
00:50:37,570 --> 00:50:39,250
keep substantial? 
And then I think, well, why am I

1003
00:50:39,260 --> 00:50:41,090
asking all these people? 
Like, we had an exercise on my 

1004
00:50:41,100 --> 00:50:43,460
friend tech chat, which was 
like, give us your BIOS so we 

1005
00:50:43,470 --> 00:50:44,590
can maybe connect with one 
another. 

1006
00:50:44,600 --> 00:50:47,250
I think the power of a chat is 
that it is a small chat and 

1007
00:50:47,260 --> 00:50:48,770
group of individuals. 
So it's the power of its 

1008
00:50:48,780 --> 00:50:51,170
network, right. 
And so if I can make everybody 

1009
00:50:51,220 --> 00:50:53,590
network on, that's the utility 
of Frontex And maybe if I share,

1010
00:50:53,600 --> 00:50:56,770
but I'm not an alpha caller, I 
don't call trades like you do 

1011
00:50:56,780 --> 00:50:59,220
here and there. 
I don't add that value. 

1012
00:50:59,260 --> 00:51:03,540
And no matter how much I3333 has
a finite limit to how much it's 

1013
00:51:03,550 --> 00:51:06,380
going to work some, and you're 
already starting to see it like 

1014
00:51:06,430 --> 00:51:09,740
not workers more. 
So I'm just thinking like at 

1015
00:51:09,750 --> 00:51:13,600
what point does that end right 
and what will they need to do to

1016
00:51:13,610 --> 00:51:16,700
make to keep that going? 
Yeah. 

1017
00:51:16,710 --> 00:51:20,350
Look, I think if I look at the 
top accounts now and I look at 

1018
00:51:20,360 --> 00:51:22,290
it. 
I would say when I first joined 

1019
00:51:22,300 --> 00:51:25,160
French, I you kind of knew all 
the top accounts. 

1020
00:51:25,610 --> 00:51:29,460
Now I look at it and it's 
probably 4030%. 

1021
00:51:30,240 --> 00:51:34,720
And they're being outcompeted by
people that I do not know and 

1022
00:51:34,730 --> 00:51:39,030
part of that was a three, three 
and part of that is this like 

1023
00:51:39,040 --> 00:51:41,180
blur. 
Farmers like pumping each other 

1024
00:51:41,220 --> 00:51:42,880
because they realise it's like 
an AirDrop game. 

1025
00:51:42,890 --> 00:51:45,670
Ohh which adds just buying their
own thing to Valhalla just for 

1026
00:51:45,680 --> 00:51:48,810
ego like those that as well. 
So, so you look at the top 

1027
00:51:48,820 --> 00:51:50,930
accounts, it's going to be, I 
still think the platform can 

1028
00:51:50,940 --> 00:51:55,220
work. 
But the the top accounts will 

1029
00:51:55,230 --> 00:52:00,260
increasingly not be. 
Um, content driven or access 

1030
00:52:00,270 --> 00:52:02,980
driven, that is a worry for me 
for the platform. 

1031
00:52:03,090 --> 00:52:07,740
But at the same time, we had 
Levi on the show on radio on on 

1032
00:52:07,750 --> 00:52:11,000
Wednesday and he actually 
painted like a very bullish view

1033
00:52:11,010 --> 00:52:12,660
for French. 
He's like, look, I think this is

1034
00:52:12,670 --> 00:52:14,930
like revolutionary in terms of 
access for people. 

1035
00:52:14,990 --> 00:52:17,170
A lot of people have tried this.
It hasn't worked yet. 

1036
00:52:17,180 --> 00:52:19,920
It's a little bit expensive, but
like this could be very, very 

1037
00:52:19,930 --> 00:52:23,560
big giving people access. 
I think that is a that is a 

1038
00:52:23,570 --> 00:52:25,260
medium term. 
I've said that since the start, 

1039
00:52:25,270 --> 00:52:26,940
like this isn't your regular 
Ponzi. 

1040
00:52:27,720 --> 00:52:31,190
The plot AirDrop farmers might 
make it feel like that which is 

1041
00:52:31,200 --> 00:52:33,990
a detriment to the whole 
platform, but I think there is 

1042
00:52:34,000 --> 00:52:36,070
real value to being in small 
groups with people that you 

1043
00:52:36,080 --> 00:52:39,620
respect. 
So I think, I think that will 

1044
00:52:39,630 --> 00:52:41,430
last. 
I agree. 

1045
00:52:41,440 --> 00:52:43,740
I mean, look, maybe I have 
access to that. 

1046
00:52:43,750 --> 00:52:47,140
Most people don't and I can ask 
you advice here and there for 

1047
00:52:47,150 --> 00:52:51,880
trade but like most people like 
what was that? 

1048
00:52:53,060 --> 00:52:55,650
That was wild. 
You're having a crazy Friday for

1049
00:52:55,660 --> 00:52:57,910
sure that was crazy. 
Kelly didn't see that we have it

1050
00:52:57,920 --> 00:53:00,380
on record. 
But you know maybe some people 

1051
00:53:00,390 --> 00:53:02,890
would have access or some people
told me that it's been fun to 

1052
00:53:02,900 --> 00:53:05,190
just chat one-on-one with me on 
there cause I have active daily 

1053
00:53:05,200 --> 00:53:06,730
every morning, every night. 
I'm very active. 

1054
00:53:06,740 --> 00:53:09,070
Don't get me wrong don't sell 
this because I said that I'm 

1055
00:53:09,080 --> 00:53:12,050
gonna stay active cause I wanna,
I rather build a group of people

1056
00:53:12,120 --> 00:53:13,890
that are fired. 
Like I read the BIOS first of 

1057
00:53:13,900 --> 00:53:16,730
all tunnel golf players and 
people just writing these long 

1058
00:53:16,740 --> 00:53:20,010
ass BIOS about themselves and 
like maybe they'll never want 

1059
00:53:20,020 --> 00:53:23,830
another just deal flow going on.
So I think it could be a group 

1060
00:53:23,840 --> 00:53:26,040
like that. 
They're like deal flow or like 

1061
00:53:26,050 --> 00:53:30,950
brain flow, man goes through 
this, but that's about as much 

1062
00:53:30,960 --> 00:53:32,880
as I can do cause I'm a 
facilitator and I've always 

1063
00:53:32,890 --> 00:53:34,960
been, but I'm not like an alpha 
fucking dog. 

1064
00:53:34,970 --> 00:53:38,040
I tell you like your trend line,
there's like resistance at $0.52

1065
00:53:38,050 --> 00:53:40,700
from Matic and then go up or 
down from here, like I don't 

1066
00:53:40,710 --> 00:53:43,810
wanna do that so we'll see what 
happens. 

1067
00:53:43,820 --> 00:53:46,330
But anyways, anyways, anyways, 
this is our thoughts. 

1068
00:53:46,370 --> 00:53:48,350
That's what's going on. 
It's the weekend. 

1069
00:53:48,360 --> 00:53:49,460
What are you guys doing this 
weekend? 

1070
00:53:49,500 --> 00:53:51,570
What are the big plans for the 
weekend? 

1071
00:53:53,690 --> 00:53:55,620
Sports gambling on the Rugby 
World Cup. 

1072
00:53:55,670 --> 00:53:58,910
It's generational wealth, Rugby 
World Cup. 

1073
00:53:58,920 --> 00:53:59,460
It's true. 
Who? 

1074
00:53:59,470 --> 00:54:00,930
Who are we picking? 
I'll pick game. 

1075
00:54:00,940 --> 00:54:02,720
Who do you think is winning? 
I'll bet on them and we'll see 

1076
00:54:02,730 --> 00:54:03,940
Monday if I won. 
Look at. 

1077
00:54:04,640 --> 00:54:08,340
These pets, yeah. 88% win rate 
so far. 

1078
00:54:08,930 --> 00:54:10,680
OK, so send me the best. 
Send me the best. 

1079
00:54:11,480 --> 00:54:13,210
Friend Tech. 
They're my friend Tech. 

1080
00:54:16,070 --> 00:54:18,200
Yeah, they are. 
All of them. 

1081
00:54:18,210 --> 00:54:19,550
You're not, you know, 
gatekeeping. 

1082
00:54:19,560 --> 00:54:21,010
You're putting even the. 
Losses. 

1083
00:54:21,120 --> 00:54:25,230
All of them are in my friend 
tech, but nobody seems to care 

1084
00:54:25,240 --> 00:54:26,690
so I'd put them on my Twitter as
well. 

1085
00:54:27,160 --> 00:54:29,750
Wait, is that the 15 holders? 
17? 

1086
00:54:29,820 --> 00:54:33,130
Is this your friend tech here 
with last seen two days ago 

1087
00:54:33,140 --> 00:54:35,010
motherfucker. 
What do you mean they're on your

1088
00:54:35,020 --> 00:54:37,830
friend tech? 
They are my friend tech. 

1089
00:54:38,220 --> 00:54:42,210
You were last. 
He just wants his key pump. 

1090
00:54:42,220 --> 00:54:46,210
He just wants his key pumped. 
He was last year, two days ago. 

1091
00:54:46,340 --> 00:54:48,490
What do you mean there's 
nothing? 

1092
00:54:48,500 --> 00:54:51,210
On there. 
Ohh. 

1093
00:54:51,220 --> 00:54:52,060
OK. 
I see. 

1094
00:54:52,110 --> 00:54:53,520
Listen. 
I'm I I listen. 

1095
00:54:53,530 --> 00:54:55,020
You're under .1. 
You're fam. 

1096
00:54:55,030 --> 00:54:56,560
I gotta buy it. 
You don't. 

1097
00:54:56,570 --> 00:54:59,130
Have to put on your at .03. 
Yeah. 

1098
00:55:00,450 --> 00:55:03,000
So I think you know, I'll, I'll,
I'll take. 

1099
00:55:03,010 --> 00:55:04,700
Here you go. 
Quite funny. 

1100
00:55:04,710 --> 00:55:08,680
If they're not in there for the 
proof of friend, yeah, But no, 

1101
00:55:08,690 --> 00:55:12,680
not. 
Just now you're good. 

1102
00:55:13,430 --> 00:55:16,350
Now you have no choice. 
Now you have your no choice. 

1103
00:55:16,360 --> 00:55:19,270
I would love to see a OK. 
You do Look at you. 

1104
00:55:19,280 --> 00:55:19,820
Ohh. 
Sorry. 

1105
00:55:19,830 --> 00:55:20,880
I'm not gonna. 
I'm not gonna. 

1106
00:55:20,890 --> 00:55:23,060
But you know, send send some 
sense of stuff. 

1107
00:55:23,070 --> 00:55:23,920
OK. 
I got you. 

1108
00:55:25,140 --> 00:55:27,910
I'm. 
Not 88% win rate, 88% in my 

1109
00:55:27,920 --> 00:55:29,410
fintech. 
I'll funnel them in. 

1110
00:55:29,640 --> 00:55:34,300
I'm kidding. 
And listen, let me know. 

1111
00:55:34,310 --> 00:55:36,990
Let's see what happens. 
Hope you have fun weekend. 

1112
00:55:37,050 --> 00:55:39,310
I don't know you I'm doing but 
probably be around Zurich. 

1113
00:55:39,320 --> 00:55:42,480
So if you see me in Zurich long 
hair, that's definitely me. 

1114
00:55:42,490 --> 00:55:44,780
We do have the stoves burn today
so just a quick reminder, our 

1115
00:55:44,790 --> 00:55:47,280
Jedi came on Monday. 
Awesome interview. 

1116
00:55:47,290 --> 00:55:51,230
Great arts if you're mint dot 
fair dot XYZ 4 slash Stubbs 

1117
00:55:51,290 --> 00:55:54,270
forward slash our Jedi but it's 
always uploaded on the rugby 

1118
00:55:54,280 --> 00:55:56,500
radio channels and whatnot so 
make sure with the fake links So

1119
00:55:56,510 --> 00:55:58,330
what not this is 3 stops the 
bird. 

1120
00:55:58,430 --> 00:56:01,540
They can get the incredible 
piece that that our Jedi made 

1121
00:56:01,550 --> 00:56:04,140
and go back to if you like. 
Alright go back and listen to 

1122
00:56:04,150 --> 00:56:06,010
the interview. 
It was from Monday, that was a 

1123
00:56:06,020 --> 00:56:07,570
cool week. 
We have a packed week coming up 

1124
00:56:07,580 --> 00:56:08,870
next week. 
I'm excited for Wednesday cause 

1125
00:56:08,880 --> 00:56:11,270
we have the CEO of base. 
I think we have another great 

1126
00:56:11,280 --> 00:56:14,230
artist on Monday and I'm working
on think Luca to bring him on to

1127
00:56:14,240 --> 00:56:17,210
talk pudgy cause just some stuff
coming on on on his end that 

1128
00:56:17,220 --> 00:56:18,650
he's been tweaking tweeting 
about a lot. 

1129
00:56:18,660 --> 00:56:21,700
So we got a busy week coming on 
the show next week and that's 

1130
00:56:21,710 --> 00:56:24,730
usual. 
This show is powered by cracking

1131
00:56:24,780 --> 00:56:28,780
NFT. 
Go to kraken.com Kraken forward 

1132
00:56:28,790 --> 00:56:32,130
slash rug radio RUGRADIO to 
check out. 

1133
00:56:32,140 --> 00:56:36,600
So with that, with that, with 
that, have a great Friday, boys.

1134
00:56:36,610 --> 00:56:39,720
Have an incredible Friday. 
Thank you all for supporting us 

1135
00:56:39,730 --> 00:56:41,780
for tweeting, sharing the show 
as usual. 

1136
00:56:41,850 --> 00:56:43,780
Excited for you all to see 
what's coming next. 

1137
00:56:43,790 --> 00:56:47,240
Seems like the video is going to
be big on on on this platform. 

1138
00:56:47,250 --> 00:56:48,640
So make sure you watch us on 
video. 

1139
00:56:48,650 --> 00:56:50,810
It's always more fun. 
We're always sharing everything.

1140
00:56:50,820 --> 00:56:53,470
And with that, we'll see you on 
Monday, 10:30 AM Eastern 

1141
00:56:53,480 --> 00:56:56,170
Standard Time, 7:30 AM Pacific 
Standard Time for another 

1142
00:56:56,180 --> 00:56:58,220
episode of Gym Web 3 on rock 
radio. 

1143
00:56:58,290 --> 00:57:00,020
Let's go.